Refrigerated Air Dryer Market Analytical Overview, Size, Share, Growth Factors, Demand and Trends Forecast till 2022

July 23, 2021: Global Refrigerated Air Dryer Market is predicted to grow significantly in forecast period owing to the change in consumer lifestyle, rise in food consumption and healthcare requirements. A refrigerated air dryer removes water vapor from compressed air. Refrigerated air dryers are widely found in commercial and industrial facilities. The process of air compression focuses on atmospheric contaminants along with water vapor. A refrigerated air dryer removes moisture from the air with the help of a heat exchanger. An air-to-refrigerant heat exchanger cools the air so that the vapor condenses into water. This water is then collected and drained out of the system, which leaves only dry air.

Refrigerated air dryer has been a cost effective and energy saving solution to eliminate moisture from compressed air systems. Increase in demand for energy equipment has challenged manufacturers to introduce less power consuming refrigerated air dryers. Most refrigerated air dryers are economic in operation require low maintenance, competitively priced and offer a stable pressure dew point. The growing demand for large-scale industrialization in emerging countries of Asia Pacific is projected to drive the growth of refrigerated air dryer market in the coming years. Rise in use of sensor technology worldwide is also expected to fuel the market in future. The changing lifestyle in North America is impelling the demand for processed foods, which will ultimately boost the demand for refrigerated air dryers.

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Moreover, the entrance of several food processing business in United States is likely to open opportunities for refrigerated air dryer manufacturers. Increasing electricity prices along with limited dew point capability refrigerated air dryers may hinder the growth of refrigerated air dryer industry in future. The growing industrialization has stimulated the APAC economies like China and India to hold significant market share of refrigerated air dryer. Furthermore, eco-friendly operations and the increase in demand from the food processing and manufacturing industries will boost refrigerated air dryers industry. Also, the chemical application segment is expected to register sizeable market share in the coming years.

Drying technology is a combination of material science and transport phenomena. Since drying mechanisms consist of transient energy, mass and momentum transfer through a porous or nonporous medium, with or without chemical reactions, with phase change to describe and model them is a difficult task. Owing to this difficulty, there is no universal drying theory, which has created opportunities for research and development in several areas.

Refrigerated air dryer market is categorized on the basis of product type, application, end-user, and geography. Based on product type, the market is divided into filters, dryer, after coolers, and others. From among others, filters segment is expected to hold larger market share of refrigerated air dryers. On the basis of application, the market is divided into plant air/ shop air, instrument air, process air, and breathing air. Plant air/shop air and process air are projected to be used widely for operational purposes.

In terms of end-use, refrigerated air dryer industry is segmented as chemical, paper, food & beverage, healthcare, automotive, steel, construction, aerospace, electronics and others. Owing to the growth of food and beverage segment due to growing population, the segment is expected to register significant market share in the forecast period. Geographically, refrigerated air dryers market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific countries are likely to hold larger market share of refrigerated air dryer owing to extensive industrial activities in the region.

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The key players in refrigerated air dryer industry are Atlas Copco, Gardner Denver, Donaldson Company, Emerson Climate Technologies, Mann+Hummel, KaeserKompressoren, Aircel Corporation, Elgi Compressors, Quincy Compressor, Sullair, Sullivan-Palatek, Van Air, Wilkerson Corporation, Ingersoll-Rand, Parker Hannifin, and AerzenerMaschinenfabrik.

Market Segment:

Refrigerated Air Dryer Product Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)

• Cycling

• Non-Cycling

• Others

Refrigerated Air Dryer Application Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)

• Chemical

• Paper

• Food & Beverages

• Pharmaceutical

• Healthcare

• Others

Refrigerated Air Dryer Regional Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)

• North America

• Europe

• Asia Pacific

• RoW

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Strapping Machine Market Opportunities, Drivers, Challenges and Growth till 2025

July 20, 2021: Global Strapping Machine Market is anticipated to reach USD 6.4 billion by 2025. The strapping machines are important to the packaging industry. Spending by high amount on packaging apart from the product itself is imperative, as the product is a quality product, but if it’s not properly packed, it might prove to be unattractive for the consumer. The machines are used for housing a band or strap about the packages to hold and provide surface and safety to the packages. Also, there is growth in the automatic strapping machines in comparison with the physically handled strapping machines to reduce the stress of the humans.

The factors that propel the growth of the strapping machine industry include increasing demand in food and beverage industries, investment by producers in these machines to achieve cost-as well as product effectiveness, concentrating more on package security that will further escalate the development. On the other hand, there are factors that may hamper the growth of the market including the requirement of huge amount of capital investment to initiate manufacturing. Strapping Machine Market is anticipated to grow at a significant CAGR of 4.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Strapping Machine industry may be explored by product type, application, material type, and geography. The market may be explored by product type as Hand-tools strapping machines, Automatic strapping machines, Semiautomatic strapping machines. The key applications that could be explored in the Strapping Machine Market include Currency Strapping, Plastic Strapping, Others. Strapping Machine industry may be analyzed by Material Type as PET, Baler Twines, Steel, PP, Polyester, PVC.

North America accounted for the major share of the Strapping Machine Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high growth in the food and consumer packaging industry in the region. The Asia-Pacific region is expected to witness substantial growth rate throughout the market, which is majorly driven by developing economies such as India and China. Additionally, Asia Pacific is witnessing high growth in the packaging industry due to increase in the disposable income, increasing middle class population, etc.

Some of the key players that fuel the growth of the strapping machine industry comprise Strapex, Polychem Corporation, Transpak Equipment Corp., MOSCA GmbH, Australian Warehouse Solutions, Signode Packaging Systems Corporation, Samuel Strapping Systems, StraPack Inc., Venus Packaging, MJ Maillis SA, Messersì Packaging S.r.l., and Dynaric, Inc. 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:

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

• Semi-automatic

• Automatic

• Fully automatic

Strapping Machine Material Outlook (Revenue, USD Million; 2014 – 2025)

• Steel

• Polypropylene

• Polyester

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

• Food & beverage

• Consumer electronics

• Household appliances

• Newspaper & graphics

• Others

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

• North America

• U.S.

• Europe

• UK

• Germany

• Asia Pacific

• China

• India

• Japan

• Central & South America

• Brazil

• Middle East & Africa

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Steel Market Opportunities, Challenges, Strategies And Forecast Analysis Report till 2025

July 19, 2021: Global Steel Market is expected to reach USD 1.01 trillion by 2025. Steel is an alloy of carbon and iron-containing less than 2% carbon and 1% manganese and little amount of oxygen, silicon, Sulphur, and phosphorous. It is known as the universe most important construction and engineering material. It is exclusively used in cargo ships and surgical scalpels, cars and construction products, and refrigerators and washing machines. The Steel Market is estimated to grow at a significant CAGR of 2.6% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing use of strong building materials, rising inclination of contractors towards sustainable, and low cost of materials are documented as major factors of steel industry that are estimated to enhance the growth in the years to come. However, ban on iron ore may restrain overall market growth in the coming years. Steel Market is segmented based on type, product type, application, end user, and region.

Stainless steel, carbon steel, and alloy steel are the types that could be explored in Steel in the forecast period. Alloy steel is exclusively used in auto parts, electric motors, pipelines, transformers, and power generators.

Tubes, hot rolled steel, directly rolled steel, cold rolled steel, and other product types could be explored in Steel in the forecast period. The market may be categorized based on applications like industrial structures, pre-engineered metal buildings, bridges, and others that could be explored in the forecast period.

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End users comprise automotive industry, infrastructure and construction, mechanical machinery, and others that could be explored in Steel in the forecast period. Others sector may comprise transportation, electrical, and domestic appliances. Infrastructure and construction sector accounted for the substantial market share of Steel and is estimated to lead the overall market in the coming years. This may be because of growing steel intensive infrastructure like power sector, roads, airports, rails, and ports.

Globally, Asia Pacific accounted for the substantial market share of steel industry and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be rise in infrastructure spending in developing countries as rising population, growth in residential construction, and rising demand from customers like maintainable yet low-cost building materials and selecting for lightweight products. The developing countries like India and China are the major consumers of Steel in the region.

Instead, Europe and North America are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Steel Market are POSCO, ArcelorMittal, Nippon Steel & Sumitomo Metal, Ansteel, Jiangsu Shagang, Baosteel, and Hebei Iron and Steel. 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:

Steel Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• Hot Rolled Steel

• Cold Rolled Steel

• Direct Rolled Steel

• Tubes

• Other Profiles

Steel Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• Pre-Engineered Metal Buildings

• Primary Members

• Secondary Members

• Roofs & Walls

• Panels

• Bridges

• Industrial Structures

Steel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Canada

• Europe

• Germany

• France

• UK

• Asia Pacific

• China

• India

• Japan

• Latin America

• Mexico

• Brazil

• Middle East & Africa

• Bahrain

• Egypt

• Iran

• Iraq

• Jordan

• Kuwait

• Libya

• Oman

• Qatar

• Saudi Arabia

• Sudan

• Syria

• Turkey

• United Arab Emirates

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Printed Tape Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 16, 2021: Global Printed Tape Market is expected to reach USD 39.79 billion by 2025. Printed tape is formed from flexography printing process. These products frequently feature a synthetic or natural adhesive and pressure sensitive backing. These tapes are used as label indicators, marketing and branding tools, and as safety tapes. The Printed Tape Market is estimated to grow at a significant CAGR of 5.8% over the forecast period as the scope and its applications are rising enormously across the globe.

Rising use of enhanced technology, growing packaging printing industry, and high demand for aesthetic appeal are documented as major factors of Printed Tapes Market that are estimated to enhance the growth in the years to come. However, rising demand for high quality printing at low cost by obeying government laws are the factors that may restrain overall market in the coming years. Printed Tape industry is segmented based on type, mechanism, material, printing ink, end user, and region.

Natural rubber carton sealing tape, hot melt carton sealing tape, and acrylic carton sealing tape are the product types that could be explored in Printed Tape in the forecast period. Gravure, Flexography, Screen printing, Lithography, Digital printing, and other mechanisms that could be explored in the forecast period. The other sector comprises offset and letterpress. Digital printing sector is estimated to lead the overall market with substantial market share in the forecast period. This may be because of its efficiency to provide cost-efficient and enhanced quality solution for producing printed tapes with the reprocessing choices.

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Various material used to make printed tape may include Polyvinyl chloride, Polypropylene, and others that could be explored in the forecast period. Polypropylene accounted for the substantial market share of printing inks and is estimated to continue its dominance in the coming years. Solvent-based ink, Water-based ink, UV-curable ink, and other printing inks could be explored in Printed Tape in the forecast period.

The market may be categorized based on end users like transportation & logistics, food & beverages, consumer durables, and others like cosmetics & toiletries, construction, and healthcare that could be explored in forecast period. Food and beverages sector accounted for the substantial market share of Printed Tape and is estimated to lead the overall market in the coming years. This may be because of high demand of innovative printing and packaging technology. Also, the consumer durables sector is estimated to grow at fastest pace in the coming years. Instead, Europe and North America are also estimated to have a positive influence on the future growth.

Globally, Asia Pacific accounted for the substantial market share of Printed Tape and is estimated to lead the overall market in the coming years. The reason behind the overall market share could be presence of buyers and suppliers in developing countries like India and China and rising export-import and transportation activities.

The key players of Printed Tape Market are SIAT S.P.A, Quad/Graphics, RR Donnelley & Sons, Hewlett-Packard Development Company, E.I. du Pont de Nemours and Company, and Xerox Corporation. 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:

Raw Material Outlook (Volume, Million Sq. Meters; Revenue, USD Billion, 2014 – 2025)

• Polypropylene

• Polyvinyl Chloride

• Others

Technology Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

• Flexography

• Lithography

• Digital printing

• Screen printing

• Gravure

• Others

Printing Ink Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

• Water-based

• Solvent-based

• UV curable

Product Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

• Acrylic carton sealing tape

• Hot melt carton sealing tape

• Natural rubber carton sealing tape

Application Outlook (Volume, Million Sq. Meters; Revenue, USD Million, 2014 – 2025)

• Food & beverage

• Consumer durables

• Transportation & logistics

• Others

Regional Outlook (Volume, Million Sq. Meters; 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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Automotive Glazing Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2025

July 14, 2021: Global Automotive Glazing Market is expected to reach USD 33.02 billion by 2025. Large, transparent surfaces like side/rear windows, panoramic roofs, or transparent body panels are flattering the popularity in the automotive industry. Glazing system abridges the vehicle assembly process. Extrusion and encapsulation are the modular systems that simplify adhesive bonding of the glazing to the vehicle. The automotive glazing market is estimated to grow at a significant CAGR of 4.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing production of commercial and passenger vehicles, high demand for vehicles having sunroof systems from populace, and rising manufacturers developing luxury high-tech glazing vehicles with an innovative touch are documented as major factors of automotive glazing market that are estimated to enhance the growth in the years to come. However, high manufacturing cost may restrain overall market growth in the coming years. Automotive glazing industry is segmented based on vehicle type, material, applications, distribution channels, and region.

Commercial vehicle and passenger vehicle are the types that could come to the fore in automotive glazing in the forecast period. The commercial sector includes buses & coaches, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs).The “passenger vehicles” sector accounted for the substantial market share and is estimated to lead the overall market in the years to come, as growing production of passenger vehicles.

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Materials may include polymer blends, glass, and polycarbonate that could be explored in automotive glazing in the forecast period. The glass sector comprises gorilla glass, laminated glass, and tempered glass. The market may be categorized based on applications like sunroof, front windshield, sidelight & backlight, rear windshield, and others could be explored in the forecast period.

Aftermarket and OEM (original equipment manufacturer) are the sales channel that could be explored in automotive glazing in the forecast period. The aftermarket sector accounted for the substantial market share of automotive glazing and is estimated to lead the overall market in the coming years. This may be because of changing glass or other materials for glazing after vehicle meets with an accident.

Globally, Asia Pacific accounted for the substantial market share of automotive glazing and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be high production activities of automotive glazing in the region. The developing countries like India and China are the major consumers of automotive glazing in the region.

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, Europe is expected to grow at fastest pace with the highest CAGR in the foremost period. The aspects that could be ascribed to the growth comprise rising demand for innovative glazing systems and high investment by manufacturers for the development of luxury cars.

The key players of automotive glazing market are Teijin Limited, Nippon Sheet Glass Company Limited, Saudi Basic Industries Corporation (SABIC), Chimei Corporation, Covestro AG, Saint Gobain S.A, Webasto SE, and Fuyao Glass Industry Group Co., Ltd. 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:

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

• Tempered glass

• Laminated glass

• Polycarbonate

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

• Front windshield

• Rear windshield

• Sidelites

• Sunroof

End-Use Outlook (Volume, Million Meter Square; Revenue, USD Million, 2014 – 2025)

• Passenger Cars

• LCV

• HCV

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

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• UK

• France

• Spain

• Russia

• Asia Pacific

• India

• China

• Japan

• Central & South America

• Brazil

• Middle East & Africa

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Research Support Specialist, USA

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Gibberellins Market Growth Opportunity, Status and Forecast Analysis Report till 2024

July 12, 2021: The global Gibberellins Market size is expected to value at USD1,167.8 million by 2025. The market is subject to witness a substantial growth due to the increasing population across the globe and rising demand for quality agricultural goods. Gibberellins is responsible for cell elongation, growth of a plant, augment overall life span, and stimulate fruit producing abilities in plants. Such factors are expected to boost the growth of the market over the forecast period.

Other critical factors responsible for spurring the demand in gibberellins industry include superior quality of vegetables and fruits, and increasing demands of ever-growing population. Furthermore, growing preference towards adoption of the gibberellins by farmers because of its ability to foster growth of the plants under uncontainable and unprecedented atmospheric conditions, are boosting growth of the market in recent years. Gibberellins are widely utilized for the production of apples and grapes. Globally, the gibberellins market is predicted to grow at CAGR of 8.8% in forecast period, providing numerous opportunity for market players to invest in research and development in the market.

Globally, gibberellins industry is propelled by the increasing need for high agricultural yield, superior quality of agricultural goods, and growing beer industry. Also, the rise in number of craft distilleries due to the growing popularity of craft spirits among consumers are directly contributing to the growth of the industry in coming years. Subsequently, increase in the demand for the new malt flavors in craft distilleries to achieve distinct taste are spurring growth of the market.

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Rising import and export of fruit and vegetable all around the globe are creating the need for high quality of agricultural goods and longer life span, thus fostering growth of the gibberellins market over the forecast period. Increasing focus on organic farming and improvements in overall crop yield to meet demands of ever-growing population by developing economies in order to achieve self-sufficiency, are heavily contributing for increased production of gibberellins. With substantial demand by end user market for organic food is directly attributed to the expansion of the market. Increasing preference towards organic food products by consumers due to rise in the health awareness among individuals, environment impact, and animal welfare are escalating the demand for gibberellins industry in the forecast period. Though, rising competition limits the market potential to lead further.

Moreover, increasing advantages of cytokinins and auxins over gibberellins such as lower cost and numerous health benefits are hampering growth of the market. Yet, rising adoption of the gibberellins at commercial level for a various of fruits and vegetables to achieve breakage of dormancy, stimulation for plant growth, incitement for lateral branching, and improvement in the fruit size and shape, are accelerating demand of gibberellins market in coming years.

Gibberellins (GAs) are commonly known as vegetable hormones that are capable of regulating different plant developmental processes, such as stem elongation, sprouting, latency, and flowering. Gibberellins are widely popular as an essential plant hormone since last couple of decades. Commonly, most of the gibberellins are derived from diterpenoid acids. The production of gibberellins involve synthesis of terpenoid pathway in plastids, followed by modification involving the endoplasmic reticulum and cytosol till it becomes biologically active. Two widely popular processes implemented during production of gibberellins are ent-gibberellane skeleton andent-kaurene.

The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest product and increase in health consciousness among individual. Asia-Pacific region is predicted to hold major market share in the gibberellins industry with massive growth in forecast period. Countries such as India, Indonesia, and Malaysia are leading the Asia-Pacific market with reduced production cost, improved yield and superior quality. The key players in the market are Valent Co., Nufarm Limited, Sichuan Guoguang Agrochemical Corporations, Ltd., and Fine Americas Incorporations.

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Market Segment:

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

• Malting of barley

• Increasing sugarcane yield

• Fruit production

• Seed production

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

• North America

• U.S.

• Europe

• Germany

• UK

• Asia Pacific

• China

• India

• Central & South America

• Brazil

• Middle East & Africa

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Research Support Specialist, USA

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Smart Transportation Market By Top Key Vendors, Trends, Demand, Analysis And Forecast Report till 2024

July 07, 2021: Global Smart Transportation Market is anticipated to reach USD 285.12 billion by 2024. The market is anticipated to grow at a healthy rate in the years to come. Smart transportation system implies sustainable and efficient intermodal transport system and infrastructure that can transport high level of performance and intelligence. Smart transportation system comprises use of advanced technologies such as telecommunication, computers, electronics information, and progressive sensors to offer information to customers to develop efficiency and safety of the transportation system.

Smart transportation system is progressively being accepted to reduce environmental impact of greenhouse gasses emitted by vehicles, improve traffic management, and reduce congestion. On the other hand, there are factors that may hamper the growth of the market such as smart transportation requires a big database of road networks that could not be accessible in the emerging countries, and huge capital investment. Smart transportation industry is anticipated to grow at a significant CAGR of 22.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Smart transportation market may be explored by solution, service, and geography. The market may be explored by solution as Traffic management system, Parking management system, Integrated supervision system, and Ticketing management system. The “Traffic Management” segment dominated the smart transportation industry in 2016 and is anticipated to maintain its dominance by 2024. They are mainly used for minimizing traffic jams on roads and managing traffic in cities prominent traffic management solutions comprise traditional signaling and smart signaling systems, and route guidance systems, intelligent video management systems, and video surveillance systems.

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Smart transportation industry may be explored by service as Support and Maintenance, Consulting, and Deployment and Integration. The “Deployment and Integration” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2024. Deployment and integration service helps in reducing the integration and deployment time. This service is vitalfor emerging end-to-end traffic managing, passenger, parking management system solutions, and ticketing, for the global market. The growing necessity for advancement of the current transport organization to support several smart solutions would initiate the deployment and integration facilities in the market.

North America accounted for the major share of the Smart Transportation Market Size in 2015 and will continue to lead in the forecast period due to factors such asearly acceptance of severalnew technologies, increasing government investments in transport infrastructure. On the other hand, Europe is anticipated to benefit from its fast digitization across verticals. Growing technological advancements and increasing acceptance of smart connected devices, followed by a robust government vision, and healthy network infrastructure toward smart transportation are anticipated to propel development in the smart transportation industry.

Some of the key players that fuel the development of the smart transportation market include AGT International, SAP SE, Cisco Systems Inc., IBM Corporation, Logica, Hitachi Inc., GSM Association, Schneider Inc., Oracle Corporation, Siemens Corporation, ERTICO-ITS, Orange Inc. 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:

Smart Transportation Solution Outlook (Revenue, USD Billion, 2015 – 2024)

• Ticketing management system

• Parking management system

• Integrated supervision system

• Traffic management system

Smart Transportation Service Outlook (Revenue, USD Billion, 2015 – 2024)

• Cloud services

• Business services

• Professional services

Smart Transportation Regional Outlook (Revenue, USD Billion, 2015 – 2024)

• North America

• Europe

• Asia Pacific

• RoW

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Biostimulants Market Challenges, Opportunities, Trends And Top Key Players till 2025

July 01, 2021: Biostimulants Market is anticipated to reach USD 4.14 billion by 2025. Biostimulants imply biologically produced fertilizers that are used to stimulate plant productivity and development. They are also used for nourishment of agricultural products. From seed germination to plant maturity biostimulants boost the plant growth and development. These nourishments help in facilitating nutrient assimilation, translocation, and improve soil productiveness mostly by stimulating the growth of interdependent soil microorganisms.

In addition, the factors that drive the growth of the market include rapid development in the Biostimulants industry, expansion of the organic food industry, benefits such as enhanced agricultural productivity and yield, increasing support from the government. On the other hand, in developing countries, lower awareness rate among the farmers, and high R&D cost will hamper the biostimulants market growth in the forecast period and it is anticipated to grow at a significant CAGR of 10.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Biostimulants industry may be explored as peractive ingredients, applications, Form, crop type, and geography. The market may be explored by active ingredient as Seaweed extracts, Humic substances (humic acid and fulvic acid), Microbial amendments, Vitamins & amino acids, Trace minerals and Other ingredients & additives (polysaccharides, antioxidants soil conditioners, enzymes, and wetting agents). The Acid-based Biostimulants segment is dominating the segment of active ingredients in the Biostimulants Market in 2016. They stimulate flowering, fruit setting, fruit development, pollination in the plant.

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The industry may be explored by Application as Seed treatment Foliar treatment, and Soil treatment. The foliar segment is dominating the segment application in the biostimulants industry in 2016. Seed treatment is anticipated to exhibit the highest CAGR of 12.3% over the forecast period. Biostimulants Market may be explored by form as Dry and Liquid. The market may be explored by Crop Type as Turfs & ornamentals, Row crops (cereals, oilseeds, and pulses), Fruits & vegetables, and Other crops (plantation crops, forage grasses, fiber crops, and hydroponics). Row crops and cereals are dominating the “Crop” type in the market. These crops are grown extensively across the globe in huge areas and offer profitable development opportunities for the industry in the forecast period.

Europe accounted for the major share of the global market size analysis in 2016 and will continue to rule the roost in the forecast period. The region is estimated to continue to be a foremost user over the forthcoming period. This inclination is anticipated to stay put in the upcoming period due to the supportive rules to increase production of organic foods are anticipated to upsurge the application of Biostimulants. However, slow development of the farming sector in Western Europe is expected to be a limiting factor for the market. Additionally, the presence of biofertilizers is estimated to pose a substitute threat over the forthcoming period. Europe is followed by Asia-Pacific region in the forecast period.

Some of the key players that fuel the growth of the biostimulants industry include Biolchim S.p.A., BASF SE, Koppert B.V., Italpollina S.p.A., Biostadt India Limited, Platform Specialty Product Corporation, Novozymes A/S, Isagro S.p.A., Valagro S.p.A., and Sapec Group. 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:

Biostimulants Active Ingredient Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 – 2025)

• Acid Based

• Seaweed Extracts

• Microbial

• Others

Biostimulants Crop Type Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 – 2025)

• Row Crops & Cereals

• Fruits & Vegetables

• Turf & Ornamentals

• Others

Biostimulants Application Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 – 2025)

• Foliar

• Seed

• Soil

Biostimulants Regional Outlook (Volume, Thousand Hectares; Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Europe

• U.K.

• Germany

• Italy

• Asia Pacific

• China

• India

• Japan

• Australia

• Central & South America

• Brazil

• Middle East & Africa

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Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Automotive Interior Ambient Lighting Market Key Competitors And Growth Forecast Analysis Report till 2025

July 01, 2021: Global Automotive Interior Ambient Lighting Market size is expected to reach USD 4.59 billion by 2025. Automotive interior ambient lighting is extensively used for drivers’ safety as it ensures effective visibility of dashboard and is used by the automotive manufacturers as a tool of product differentiation. The adoption of interior ambient lighting in automobiles is anticipated to increase due to growing awareness regarding energy-efficient lighting systems and increasing sales of luxury vehicles equipped with infotainment and navigation systems. The market size is expected to record a CAGR of 7.2% in the upcoming period.

Automotive interior ambient lighting is one of the most important parts of vehicles that is gaining popularity among the vehicle manufacturers. Moreover, new product developments and constant innovations in the lighting systems are the major factors driving the growth of market in the next couple of years.

Applications such as foot well, dashboard, doors, center console, and others could be explored in automotive interior ambient lighting industry. The “dashboard” segment is anticipated to witness the highest market share during the forecast period due to increasing sales of ultra-luxurious vehicles and increasing installation of ambient lighting. The market size based on vehicle type is classified into green cars and conventional cars. The “conventional cars” segment is expected to hold the largest market share in the upcoming period. Conventional cars include passenger cars or road vehicles such as luxury cars, vans, sedans and SUVs, which are manufactured for transporting passengers and designed to seat more than five individuals.

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The factors that play an important role in the growth of automotive interior ambient lighting market include increasing demand, growing population, increasing urbanization & industrialization, improving advancements in the automotive industry, growing demand for luxury vehicles, rising installation rate of ambient lighting, increasing demand for LEDs in cars, growing automotive industry, technological advancements, and stringent government rules & regulations. Moreover, increasing awareness about energy-efficient lighting systems, growing customer inclination toward safety & comfort features and technological advancements in automotive interior lighting technology are further driving the demand for ambient lighting in the automotive industry.

However, high costs of OE integration and fluctuating prices of raw materials are negatively impacting the growth of automotive interior ambient lighting industry. The probable stakeholders for market include ambient lighting manufacturers, original equipment manufacturers (OEM), and lighting source providers.

The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on type, application, technology, fuel vehicle and geography. The market is classified into fuel vehicle such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicle (HEVs). PHEVs combine diesel or gasoline engine with an electric motor and a large rechargeable battery. They use electricity for cover longer distances and operation. Battery electric vehicles (BEVs) use chemical energy harnessed from rechargeable battery packs and have no internal energy combustion engines. They are easy to maintain and are eco-friendly.

North America held the highest market share in 2016 and is expected to hold the largest market share in the years to come due to increasing luxury vehicle sales and incorporation of ambient lighting in all premium and mid-segment vehicles. On the other hand, Asia Pacific is projected to grow at a high CAGR in the coming years owing to the increasing presence of large number of vehicle manufactures and growing demand for luxury vehicles.

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The key players contributing to the robust development of the automotive interior ambient lighting market include OSRAM GmbH, SCHOTT AG, HellaKGaAHueck & Co., DRÄXLMAIER Group, Koita Manufacturing Co. Ltd., GE Lighting, General Electric, Federal-Mogul Corporation, Ford Motor Company, MagnetiMarelli S.p.A, Zizala, Robert Bosch GmbH, Stanley Electric Co. Ltd., Hyundai Motor Company, Mahindra & Mahindra Ltd, Ichikoh Industries, Valeo S.A., Toyota Motor Corporation and GrupoAntol in. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Automotive Interior Ambient Lighting Application Outlook (Revenue, USD Million, 2014 – 2025)

• Dashboard

• Footwell

• Doors

• Others

Automotive Interior Ambient Lighting Vehicle Type Outlook (Revenue, USD Million, 2014 – 2025)

• Conventional cars

• Green cars

Automotive Interior Ambient Lighting Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Mexico

• Canada

• Europe

• U.K.

• Germany

• Asia Pacific

• India

• China

• Japan

• South America

• Brazil

Get in touch

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Structural Core Materials Market Growth Factors, Strategies And Highlights of The Market till 2025

June 30, 2021: The global Structural Core Materials Market is expected to reach USD 2.80 billion by 2025 The structural core materials are combined into composite materials, which are used extensively in construction, civil infrastructure, aircraft, automotive, corrosion-resistant equipment industries and military. The composite material is manufactured by mixing two or more materials that possess unique properties. These composites are categorized into two: sandwich panels and laminates. A Laminate Panel is kind of factory-made timber made from wood veneer or thin sheets of substrates which is comparable to the extensively used plywood. The structural core materials market is expected to grow at a substantial CAGR of 5.9% in the forecast period due to the growth in demand of structural core materials in the wind energy sector.

Core is a layer that is sparse but is strongly filled with material between two faces in a structural composite. The core maintains the thin skin or faces in their respective positions by avoiding them from folding or colliding outward or inward. The stiffness of structural composite is based on the thickness of the used core. The materials which can be combined into structural core are carbon, aluminum, and paper. Some of the structural cores that are easily accessible from the market are foam, honeycomb, and balsa. The honeycomb is the most common type after foam and balsa. The honeycomb is available in the forms like nomex honeycomb, thermoplastic honeycomb, and aluminum honeycomb. Other types of foams comprise PVC foam, polyurethane foam, polystyrene foam, and polymethyl metacrylamide foam.

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A perfect structural core material include qualities like stiffness, light in weight, thermal transfer or insulation, strength, and dampening of vibration or noise. The type of structural core material is determined according to the application nature. It is then integrated into the structural composite. Structural core materials are used in the manufacturing of air bags in automobiles, safety gears like bulletproof jackets, the electronic circuit boards, communication antenna, rocket components, aircraft and missiles. Different industries are lately becoming aware of the structural core materials and are accepting them over solid laminates. The growing composite uses in the aerospace sector along with the increasing popularity of PET foams across various end users are predicted to boost structural core materials market growth in the coming years.

The structural core material market is categorized on the grounds of product type, outer skin type, and by end-use industry. On the grounds of type, the market is divided into foam, Balsa and honeycomb. On the grounds of outer skin type, the market is divided into GFRP, CFRP, NFRP, and others. On the grounds of end-use industry, the market is divided into Aerospace, Wind Energy, Marine, Transportation, Construction, etc.

North America employs a wide number of structural core materials in the aerospace businesses. Some leading economies in Asia Pacific manufacture automobiles and the spare parts. Hence, this market is expected to grow with a consistent speed in the coming years. Also the well-established marine industry in China is forecasted to dominate the market largely from Asia Pacific. Europe is also predicted to contribute to the growth of structural core material industry due to the extensive demand from the end user sectors like aerospace, automotive, and defense equipment. Middle East and Africa hold large presence of the electronics and automotive industries which is estimated to boost the structural core materials industry

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Some of the key market players profiled in the article are Schweiter Technologies, Diab Group, Hexcel Corporation, Euro Composites, Evonik Industries Gurit Holding, Changzhou Tiansheng New Materials Co. Ltd., The Gill Corporation, Plascore Incorporated, and Armacell International,.

Market Segment:

Structural Core Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Foam

• Balsa

• Honeycomb

Structural Core Materials Skin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• GFRP

• CFRP

• NFRP

• Others

Structural Core Materials End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

• Aerospace

• Automotive

• Wind energy

• Marine

• Construction

• Others

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

• North America

• U.S.

• Europe

• U.K.

• Germany

• Asia Pacific

• China

• India

• Japan

• Central & South America

• Brazil

• Middle East & Africa

• Saudi Arabia

Get in touch

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com