Rolling Stock Market Key Players Analysis, Segmentation And Forecast Report till 2025

June 30, 2021: Global Rolling Stock Market size is expected to reach USD 75.12 billion by 2025. Rolling stock is the wheeled vehicles that are used on a railway. It is commonly used for transportation of passengers as well as goods such as conventional fuels, agricultural products, heavy machinery and construction materials. It has facilitated easy transportation with some benefits such as reliability, cost-effectiveness and comfort. Need for reduced traffic, reliability and cost efficiency has increased the adoption of rolling stock for transportation of goods, passengers and animals. The rolling stock market to witnesses a CAGR of 4% in the forecast period.

In rolling stock, some locomotive technologies are used such as conventional locomotive, turbocharge locomotive, maglev, and others. The “turbocharge locomotive” segment is projected to grow at the higher CAGR in the coming years. Numerous companies are implementing turbocharger technology in locomotives used for public transport. Rolling stock could be explored by product such as rapid transit vehicle, locomotive, wagon, subway/metro vehicle, passenger coach, light rail/ tram car, and others. The “rapid transit vehicle” segment is anticipated to witness strong growth in the next couple of years owing to high speed and enhanced comfort offered by these vehicles. Moreover, increasing demand for magnetic levitation trains and automated trains for public transportation is expected to boost the market growth in the next couple of years.

Train types such as rail freight and passenger rail could be explored in rolling stock industry. The demand for passenger rails is constantly increasing globally. Moreover, passenger rails are mass transit systems and more cost-effective than roadways. Metros, trams and high-speed trains are the most preferred passenger rails due to their faster transportation service.

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The factors that play an important role in the growth of market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for public transport, increasing need for energy-efficient transport, rising demand for rail vehicles such as local trains, trams & passenger rails, technological advancement and stringent government rules & regulations. The other factors include improvement of rail tracks, enhancements to the existing rail management systems, building new lanes, technological development of rail control and signaling services.

Moreover, growing rail supply market in the rail infrastructure projects and governments are heavily investing in the rail infrastructure projects like signaling, electrifying of tracks & urban transit systems in developing countries are major factors driving the growth of market in the next couple of years. However, high installation and maintenance cost of rolling stock is negatively impacting the growth of rolling stock industry.

The probable stakeholders for market include manufacturers of rolling stock, dealers & distributors of rolling stock, investment firms, equity research firms, private equity firms and industry associations. 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 classified into product, type, train type, locomotive technology and geography.

The market is classified by type such as diesel and electric. The “electric vehicles” sector is expected to hold the large market share in the upcoming period due to its benefits such as reduced pollution and enhanced efficiency of vehicles. Electric trains are eco-friendly and emit 20%-30% less carbon monoxide as compared to diesel trains.

Asia Pacific is projected to grow at the higher CAGR in the upcoming period owing to the increasing adoption of rail vehicles for transporting goods and passengers. Also, the growing investments in electric and metro trains in developing countries such as India, Taiwan and China which fuels the growth of market in this region. Middle East & Africa (MEA) is expected to be the fastest growing region in the years to come due to the rising applications of rolling stock in the oil & gas and mining industries for transportation of goods.

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The key players contributing to the robust development of the rolling stock industry includes CRRC Corporation Limited, Alstom Transport, Bombardier Transportation, Alstom SA, Trinity Rail Group LLC, GE Transportation, Diesel Locomotive Works (DLW), Stadler Rail AG, Siemens Mobility, Japan Transport Engineering Company, Downer Rail, Faiveley Transport, General Electric Company, UGL Rail, The Greenbrier Co., Texmaco Rail and Engineering, Hitachi Rail Systems, and Hyundai Rotem. The major 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:

Rolling Stock Product Outlook (Revenue, USD Million, 2014 – 2025)

• Locomotive

• Rapid Transit Vehicle

• Wagon

Rolling Stock Type Outlook (Revenue, USD Million, 2014 – 2025)

• Diesel

• Electric

Rolling Stock Train Type Outlook (Revenue, USD Million, 2014 – 2025)

• Rail Freight

• Passenger Rail

Rolling Stock Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Canada

• Mexico

• Europe

• U.K.

• Germany

• Russia

• Asia Pacific

• China

• Japan

• India

• South America

• Brazil

• Middle East & Africa

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Cooling Fabrics Market Challenges, Opportunities, Trends And Top Key Players till 2025

June 25, 2021: Cooling fabrics market was valued at USD 1.25 billion in 2016 and is anticipated to be worth USD 3.24 billion by 2025, with a CAGR of 11.1%. The most important causes of triggering the progress of the cooling fabrics market are the growing demand from sportswear and defensive wearing market uses. Inventions in the fabric manufacturing and demand for new-fangled dresses that offer long enduring cooling effect, are furthermore estimated to motivate the cooling fabrics market in the approaching years. Innovative new-generation fabrics are being established, that practice humidity-administration know-hows or evaporative refrigerating know-hows. Some fabrics similarly work by way of dispensing sweat uniformly above the fabric, so as to it become dry more speedily and consecutively creates a cooling effect.

The international Cooling Fabrics market has developed meaningfully for the period of the last a small number of years; and it is likely to develop at a quick speed in the following years, principally motivated by the increasing ingestion in the Asia-Pacific area. The international cooling fabrics market may be divided by Type of Fabric, Type of Use, and the Area. The division of the international cooling fabrics market on the source of Type of Fabric spans Synthetic Cooling Fabrics, Natural Cooling Fabrics.

On the source of type, the synthetic cooling fabrics division is expected to nurture at the utmost proportion in the cooling fabrics market in the course of 2014-2025, owing to the growing demand from and practice in several end-use manufacturing. Sturdiness of synthetic fabrics and cooling delivered by them, which are every so often not possible with natural fabrics, tip to their greater market stake. Easy obtain ability of raw materials utilized to create these fabrics is additional issue that motivates the progress of this section. Therefore, synthetic cooling fabrics are extensively utilized in dissimilar end-use manufacturing. Therefore, synthetic cooling fabrics, factory-made from nylon, polyester, and spandex are utilized extensively.

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The division of the international cooling fabrics market by Type of Use span Sports Apparel, Protective Wearing, Lifestyle, and Others. By means of type of use, the sports apparel section was responsible for the biggest stake of the cooling fabrics market in 2016. Progress of this division is able to credit to the increasing sportswear market and growing number of sports supporters everywhere in the world. In sports clothing use, cooling fabrics are utilized to create T-shirts, headgears, wrist bands, and neck bands, between others. The division of the international cooling fabrics market on the source of Area spans North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The area of North America held the biggest segment of the cooling fabrics market in the year 2016. It was tracked by area of Europe. Growing expenses on military, inventions in cooling fabric merchandises for medicinal uses, and increasing worries for fitness and security of workers are estimated to motivate the demand for cooling fabrics in the North American market in the approaching years. Existing companies are preparing for capability spreading out in the next a small number of years, such as there are a growing demand for cooling fabrics commencing numerous end-use uses.

The cooling fabrics network consist of raw material and cooling fabrics producers. Some of the important companies operating in the Cooling Fabrics market on the international basis are Ventex Inc., Polartec LLC, Ahlstrom, The North Face, Shell Chemicals, Nan Ya Plastics, Adidas, Nike, and Coolcore LLC. The products “factory-made” by these firms are used by sports clothing, defensive clothing, lifestyle, and the other correlated manufacturing companies.

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Market Segment:

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

• Synthetic

• Natural

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

• Sports Apparel

• Protective Wear

• Lifestyle

• Others

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

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• UK

• France

• Rest of Europe

• Asia Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia Pacific

• South & Central America

• The Middle East and Africa

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Automotive NVH Materials Market Top Key Players Update, Business Statistics and Research Methodology till 2025

June 22, 2021: The global automotive noise, vibration and harshness (NVH) materials market size was estimated at USD 8.02 billion in 2015 and is expected to reach USD 13.09 billion by 2025. This market can be directly linked to the increased demand for automotive. Asia Pacific captures approximately more than 50% of the global automotive NVH materials which leads to huge growth in demand for cars in China, South Korea, India and other Asia Pacific countries. The expected rises in investments in this sector followed by rise in standard of living are some other key factors for the growth in this sector. Influences in buying decision, boom in automotive industry are the other secondary factors which are expected to directly impact the growth in this sector.

The entire market for automotive NVH materials is segmented based on applications, material types, vehicles types, region, forecast revenue growth, and analysis of trends in each of the sub markets. The application segment is divided into absorption and insulation. Absorption is expected to capture the largest pie in terms of market share from application segment followed by insulation.

The materials for absorption are produced by using various thermoplastic polymers, rubbers and engineering raisins. Various types of rubbers such as synthetic rubbers, EPDM and NBR are being used by manufacturers for fabrication purposes to the various parts of automobiles to control the dampened vibrations as experienced by the end users of the vehicles. Besides rubbers have excellent physical properties such as high density, vibration absorption properties, high heat, and weather resistance which makes these combinations an ideal material for NVH. Another NVH material used in the absorption application is Polyurethane foam sheet because of similar properties. So it can be inferred that because of the unique physical and chemical properties of rubber and related materials used in absorption application is the key to have the largest market share of NVH materials market.

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On the basis of material types, the market for NVH materials is divided into rubbers, thermoplastic materials and engineering raisins. On the basis of car types the NVH materials market is divided into cars, buses, heavy commercial vehicles and light commercial vehicles. Cars segment enjoyed the largest market of automotive NVH materials in 2014. The demand for automotive NVH materials can be directly linked to the demand of various automobiles. Based on the past trends and usage experience by the end users heavy weight commercial vehicles are expected to be the fastest growing sector by vehicle type during the upcoming forecast period. It can be inferred that the key drivers to this growth is heavy usage of these vehicles in transportation of those goods which are bulk and heavy in nature.

It is observed that there is an increase in the infrastructure projects such as houses, commercial buildings in the emerging markets and developing nations such as China, India, and Brazil. Therefore, the demand for construction materials has been increased to many folds so in order to transport these raw materials for bulk supply. This demand is directly proportional to the usage of HCVs. So this trend has increased the demand for heavy weight commercial vehicles in these countries and which subsequently lead to the increase in the demand for automotive NVH materials. So it can be concluded that the upcoming infrastructure projects across the glove are charting a big path for the huge growth of HCV which will eventually create a huge market potential for automotive NVH materials.

On the basis of geography, the automotive NVH materials market is segmented into North America, Europe, Asia-Pacific, and rest of the world (RoW). Each region is further divided by leading countries such as the U.S, Canada, Mexico, China, Japan, South Korea, India, Germany, France, the U.K, Turkey, Brazil and other countries.

Under Asia-Pacific region, the key contributing countries are China, Japan, South Korea, and India. These countries make Asia – Pacific region to capture the largest market share geography wise. This is because these countries have undergone major developments in infrastructure sector which can be directly linked with the demand for HCV transportation followed by the consecutive demand for automotive NVH materials. The Asia-Pacific market captured the largest pie and dominated the global automotive NVH market. Not only with huge investments in the automotive industry and heavy advancements in the technological developments Asia-Pacific region is expected to remain the number one in terms of market share, volume and by revenue till 2020 but also Asia-Pacific region wise is expected to be one of the fastest-growing market for automotive NVH materials. This high growth factor is mainly due to growing automotive market and increase in domestic demand in the countries such as China, India, South Korea and Japan.

China mainly dominated the NVM materials market from the Asia – Pacific region. It is immediately followed by the U.S. It is expected that India will surpass South Korea and Japan in automotive NVH materials in the near future as India is at present the fastest growing market. From the growth trends it can be inferred that international companies manufacturing automotive NVH materials will find it reasonable to invest in the Asia – Pacific region due to lower cost in production and availability of cheap and skilled labors. But to every pro there are a few cons. A few restraint factors have been identified for this market which can have a direct impact on the growth factors. Presence of active noise control system is being used by many automotive manufacturers to control noise. So in this situation the NHV materials demand is expected to decline at a sharp rate. Active noise control system acts as a threat to substitute to NVH materials. Other threat to substitutes which restrain the demand for NVH materials are usage of metals and alloys which reduced the dampening effect of NVH

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The key leaders in the automotive NVH materials market are ExxonMobil Chemical Company from the U.S., Mitsui Chemicals Inc. from Japan, The DoW Chemical Company the U.S., Celanese Corporation from the U.S., 3M Co. from the U.S., Covestro from Germany, Borgers AG from Germany, BASF SE from Germany, Lanxess AG from the U.S. and Huntsman Corporation from the U.S.

Market Segmentation

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

• Molded Rubber

• Metal Laminates

• Foam Laminates

• Molded Foam

• Engineering Resins

• Others

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

• Absorption

• Damping

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

• Cars

• LCVs

• HCVs

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

• North America

• U.S.

• Europe

• Germany

• U.K

• Asia Pacific

• China

• India

• Japan

• Central & South America

• Brazil

• Rest of the World

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3D Printing Plastics Market Opportunities, Challenges, Strategies And Forecast till 2025

June 21, 2021: The global 3D Printing Plastics Market is estimated to reach USD 1.98 billion by 2025, with a CAGR of 24.9% during the forecast period. 3D printing plastics possess flexibility, durability and have a high temperature resistance often preferred for plastic engineering and professional applications. ABS is a type of 3D printing plastics with excess need for heated print bed with reliability.

3D printing plastics industry is driven by rise in healthcare industry and demand for 3D printing plastics in the manufacturing activities. Growing demand from aerospace & defence, automotive, electrical & electronics are the major drivers for the market growth. In addition, the 3D printing plastic market is influenced by rising demand for medical devices, orthopaedics and dental implants.

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By type, the 3D printing plastic industry is segmented as ABS, polyamide, photopolymer and PLA. Photopolymer segment is anticipated to grow at a higher CAGR during the forecast period owing to extensive use of stereo lithography technology. By form, the 3D printing plastics market is segmented as powder, filament and liquid. End-use segmentation for the market of 3D printing plastics comprises electrical & electronics, healthcare, automotive and aerospace & defense.

Geographical segmentation for 3D printing plastics industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market during the forecast period. Rise in adoption of 3D printing technology in end-use industries and increasing investments is more likely to propel the regional market growth.

Asia-Pacific regions are likely to grow during the forecast period owing to rise in investments by chemical companies to pioneer in 3D printing plastic market. In addition, the market of 3D printing plastics is driven by 3D printing technology followed by demand for medical devices, equipment and dental implants.

The key players profiled in the 3D printing plastics industry report are Evonik Industries AG, HP Inc, Arkema SA, BASF SE, Dow DuPont, Royal DSM N.V., Clariant International Ltd, EnvisionTec GmbH and CRP Group.

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Market Segment:

3D Printing Plastics Type Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• Photopolymers

• ABS & ASA

• Polyamide/Nylon

• Polylactic acid

• Others

3D Printing Plastics Form Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• Filament

• Ink

• Powder

3D Printing Plastics Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• Automotive

• Medical

• Aerospace & Defense

• Consumer Goods

3D Printing Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• France

• U.K.

• Italy

• Asia Pacific

• China

• India

• Japan

• South Korea

• Central & South America

• Brazil

• Middle East & Africa

• South Africa

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Electric Vehicle Plastics Market Segmentation, Key Competitors And Growth Forecast Report till 2025

June 18, 2021: An electric vehicle uses one or more electric motors or traction motor for propulsion. It may be powered via a collector system by electricity or may be self-contained with a battery or generator to convert fuel into electricity. These include road & rail vehicles, surface & underwater vessels, electric aircraft & electric spacecraft. On contrary, to traditional vehicles which possessed internal combustion engine (ICE) is now getting blurred with usage of electric vehicles which run on conventional energy or electricity. With the growing approach towards electric vehicles (EV), plastic materials play a pivotal role in helping to reduce carbon emissions or dependence on petroleum. By using plastics in EV, the weight of the vehicle can be reduced upto 40%. Additionally, high performance polymers and elastomers are used to integrate components and functions. The miniaturization helps in reducing space and improves packaging.

The major market drivers for the global electric vehicle plastics market share include strict emission norms & regulations leading to minimizing weight of passenger cars& government initiatives to encourage adoption for electric vehicles. Therefore, the electric vehicle plastics market share is estimated to grow at a higher CAGR during the forecast period. However, a key factor restraining the market share is the lack of charging stations for BEV operated vehicles & HEV operated vehicles. Thus, charging infrastructure is significant for the growth of electric vehicles as in case of BEV and PHEV.

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On the basis of vehicle type, the global electric vehicle plastics market share is segmented as BEV, HEV, PHEV. BEV segment is likely to dominate the global market share for the forecast period owing to rising innovations, environmental concerns, strict emission regulation and norms. Additionally, government initiatives in the form of introducing various tax & non-tax incentives for electric vehicle owners have boosted the plastic growth employed in these BEVs. On the basis of material, the global electric vehicle plastics market share is segmented as PP, PE, ABS, PVC, PA, Nylon 6/6, Nylon 6, polycarbonate, PVB and other engineering resins.

PP is the fastest growing segment owing to features like better heat resistance, protection from UV rays, high strength & flexibility. On the basis of application, the global market for electric vehicle plastics market is segmented as interior, exterior, lighting & electric wiring and under the hood. Polyurethanes is estimated to be the largest growing sector and is predicted to dominate the market for the forecast period owing to its use in seating, electric wiring and hard plastic parts.

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On the basis of geographic segmentation, the global market for electric vehicle plastics market includes North America, Europe, Asia-Oceania, Middle-East & Africa. Asia-Oceania is predicted to dominate the electric vehicle plastics market and is estimated to grow at a higher CAGR during the forecast period. Asia-Oceania is an emerging market for electric vehicles in the recent years. Government initiatives in the form of incentives to support the demand for electric vehicles market have also boosted the market.

Faraday Future, a 2015 startup jumped into the electric vehicle market with a view to challenge Tesla electric motor and announced a big news about its plans to build a factor outside Las Vegas and that raised curiosity among the masses especially for its financial support. However, the startup has stopped construction owing to parent’s company financial problems. The Chinese company LeEco has funded Faraday Future but now has lost his fortune owing to the market fluctuations in his own native country. So, now Faraday Future would showcase its first production car at the CES 2017, the international electronics show in Las Vegas from Jan 5-8. The key players in the global electric vehicles market include BASF SE, The Dow Chemical Company, Tesla Motors, Ineos Capital Limited, and the plastics are supplied to automotive OEMs such as Nissan, Chevrolet, and Volkswagen AG.

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Car Mounted Multimedia Market Strategy, Sales Revenue, Opportunities and Challenges till 2025

June 17, 2021: Car mounted multimedia are devices which are installed on the cars that serve multiple purposes. Few examples of car mounted multimedia include mobile device holder, CD/DVD players, and GPS devices. The global car mounted multimedia market is witnessing huge growth and opportunities in the automotive industry and the trend is expected to continue over the forecast period. The various factors that are anticipated to be driving the global demand for car mounted multimedia include advancements in technology, favorable government regulations, and increasing awareness towards the rapidly evolving wireless technology. The increase in the global disposable incomes is also expected to benefit the overall market in the next few years. The enormously increasing growth in the number of cars sold each all over the world is additionally expected to drive the demand.

However, the market is highly dependent on the employment rates, financing rates, global spending by the consumers, and the highly competitive prices of car mounted multimedia devices. The factors are estimated to be a major hindrance for the growth of the global car mounted multimedia market over the next few years.

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The major regions covered in the report for the analysis of the global car mounted multimedia market includes North America, Asia-Pacific, Europe, Middle East & Africa, and Central & South America. Among all the regions, North America and Europe has been witnessing the maximum demand in the recent past on account of the technological advancements and the mature economies which include the U.S., France, UK, and Germany. These major countries classically account for the huge share in the overall sales. However, Asia-Pacific car mounted multimedia market is projected to grow at a fast pace over the forecast period. The major reason behind the huge demand in the region can be attributed to the increase in disposable income as well as increasing awareness among the car drivers and end users. In addition to this, growth in the regional market of the region such as India and China are predicted to shift the trend.

The key market players are investing heavily in the research & development initiatives. They are trying to develop new innovative products and creative marketing as well as advertising strategies to gain a competitive edge in the market. The major companies functioning in the global car mounted multimedia industry includes Adayo, Caska, Clarion, Coagent, Feige, Freeroad, Garmin, HCN, JVC, Jensor, Kaiyue, Kovan, Motorola, Newsmy, Owa, Pioneer, Panasonic, RoHCNover, Samsung, Soling, Sony, SV Auto, Shinco, and Yessun.

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The global car mounted multimedia market report is an in-depth and professional study on the market. It provides a basic overview of the industry which comprises definition and specifications of car mounted multimedia, classification, applications, industry chain structure, major region status, industry policy, and industry news. It also provides understandings regarding the raw material suppliers, price analysis, equipment suppliers and their price analysis, labor cost analysis, other cost analysis, manufacturing cost structure, and manufacturing process. The technical data for car mounted multimedia industry report includes capacity, commercial production, manufacturing plants distribution, R&D status and technology source, raw material sources, capacity, production, revenue, price, cost, and gross margin analysis, and supply, consumption, and the gap of car mounted multimedia. The relevant information for the major suppliers of car mounted multimedia provided in this report includes customers, capacity, company contact information, products, applications, market position, production, price, gross margin, costs, and profit. The report additionally provides product specification, product cost structure, and manufacturing process. The production process has been separated by technology, applications, and regions. The market analysis also contains upstream raw materials, downstream client survey, industry development trends, proposals, equipment, and marketing channels.

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Smart Glass Market Demand, Growth, Trend, Business Opportunities and Research Methodology till 2025

June 14, 2021: The global Smart Glass Market size is likely to reach USD 9.98 billion by 2025. Smart glass is also known as magical glass or switchable glass. Smart glass changes its transmission properties when heat, light or voltage is applied. Smart glass is used in windows, doors, skylights, and partitions in residential and commercial buildings. Smart glass helps to reduce the cost of heating, lighting and air conditioning.

The market growth is associated with the capacity of the glass to transform light and adjust heat depending on the external environmental conditions. Building owners started displaying an inclination towards adopting this technology, after realizing the long term benefits attributed to energy efficiency.

The industry is achieving heights owing to the development of strict regulations with respect to efficiency of energy and large-scale urbanization in developing countries. Elevated investments in the construction of smart glass in connection with the creation of industrial-scale production capacity, has significantly added towards market growth. Expanding consolidations among technology provider and supplier are nourishing the progress of smart glass as per a wide range of application areas.

Factors like growing usage in marine, aviation and power generation are encouraging industry extension. Growing adoption of green initiatives such as eco-friendly and green buildings, non-electric technologies such as thermochromic, etc. are the factors that are driving the growth of the industry. In the replacement market, shifting demand towards active smart glass from passive smart glass design is adding stress to the acceptance of the products.

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Due to the rising recognition of the advantages of smart glass over a plain glass in the body of automobiles and airplanes, there has been a growth in the adoption of smart glasses in the automobile and aircraft industries. In addition, development of creative solutions had led to the growth of smart windows in the architectural sector. Government support and initiatives are also adding to the industry demand.

Technology Insights

On the basis of technology, the market is segmented into SPD (Suspended Particle Devices) Electrochromic, PDLC, and Thermochromic. SPD held a market share of around 40% in 2016. SPD is an electrochromic glass that can be tuned, manually or automatically to control the light, heat, and glare entering the premises. The growth of SPD glasses can be traced to its high electricity saving capabilities.

Electrochromic glass applies the electrochromism principle, which allows the materials to change the color or opacity when a burst of charge is applied. Electrochromics and SPD are used commonly in automotive and architecture applications. Thermochromic is used for power generation application.

Due to the increased attention on the use of ‘Green Energy,’ the North America and European regions are predicted to come up as the leading markets for liquid crystal (LC) smart glass. Besides, the high durability and quick light control capacity of liquid crystal smart glass is anticipated to increase the demand throughout the forecast period.

Application Insights

On the basis of application, smart glass market is segmented into Architectural, Transportation and Consumer Electronics. The Transportation segment dominated the market with a revenue share of 45% in 2016. It is anticipated to come up as the most advantageous segment due to the growing acceptance of this technology by premium and medium-sized car manufacturers. The enormous tuning and fast-switching features of smart glass facilitate to reduce unwanted glare and light thus allow user to appreciate the glare-free view. The heat-blocking features help in improving the fuel efficiency and reducing the carbon emissions in vehicles.

Also, automotive OEMs (original equipment manufacturer) are highlighting to lower both the CO2 emissions and energy consumption. To fulfill this, producers are creating solutions such as anti-heat glass and glazing solutions. The increasing penetration of luxury automobiles in the Asia Pacific region as well as increased income levels of the audience are the major drivers for the growth of the industry in automotive applications. Similarly, in the aerospace sector, several OEMs including The Boeing Company, Beechcraft Corporation, Airbus SAS, Bombardier Inc. and Embraer S.A. are transitioning towards electronically dimmable windows.

The construction sector is supposed to be promising sector due to its higher rate of growth with continuous investments in smart technology. In the Middle Eastern region, a majority of high towers and skyscrapers have integrated smart glass for exterior structure fabrication so as to enhance reduction of heat and light transmissions thus maintaining internal ambiance.

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Regional Insights

North America dominated the smart glass market in 2016 with a share close to 35%. Favorable regulations and instructions have led to the growth of these products in the region, thus enabling overall saving of energy and reduction the maintenance costs which leads to a positive impact on the growth of the market.

The European Union territories and the U.S. governments are planning to regulate the adoption of smart glass-incorporated electronics equipment and have directed their transport departments toward the same. Furthermore, the existence of key participants and rising production of automotive are fueling the market growth.

The industry is expected to be directed by the acceptance of premium products, such as laminated glazing, and the legislation of energy conservation regulations to build in mature markets such s Europe and North America. In the case of developing markets, growing construction sector is anticipated to provide growth avenues.

Competitive Insights

The major participants in the industry include Saint-Gobain S.A., Asahi Glass Co., Ltd, DuPont, and Corning Incorporated. The industry is dominated by a few major players who provide niche solutions for end-use applications.

Market Segment:

Smart Glass Technology Outlook (Revenue, USD Million; 2014 – 2025)

• Electrochromic

• Polymer Dispersed Liquid Crystal (PDLC)

• Suspended Particle Devices (SPD)

• Thermochromic

• Photochromic

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

• Architectural

• Transportation

• Automotive

• Aircraft

• Marine

• Consumer electronics

• Power generation

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

• North America

• U.S.

• Canada

• Europe

• Germany

• UK

• Asia Pacific

• China

• Japan

• Latin America

• MEA

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Research Support Specialist, USA

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Crop Protection Chemicals Market Size, Trends, Company Profiles, Trends and its Emerging Opportunities till 2022

June 10, 2021: The global crop protection chemicals market is expected to cross USD 90.09 billion in the forecast period. Crop protection chemicals industry is driven by factors such as rise in necessity for enhanced crop yield to suffice the food demands for rapidly growing population. In addition, inclination toward bio-pesticides when compared to synthetic pesticides is likely to contribute to the market growth in the forecast period. The market witnesses several opportunities in the form of rise in demand for food across various parts of globe. However, land scarcity and limited food supply are likely to disturb the market growth in the forecast period upto 2022.

Crop protection chemicals for agriculture have not only played a significant role in production of food to support food demands but also lower the risk of infestation and infectious disease transmitted by micro-organisms and insects. Evolution in technologies such as chemicals, automated high-throughput, crop genetics, formulations, and smart agriculture is likely to offer new tools in the discovery and progress of agrochemicals.

Commercially, crop protection chemicals are also known as fungicides, herbicides, and insecticides. Pests being the living organisms can cause injury or possible damage to crops, stocked food, and livestock. They can significantly lessen the potential of farming, raise production costs, and to make matters worse, pests can even destroy an entire cropping system. Hence, there are multiple ways to control the pests and the objective is to minimize the damage and keep pest population below the economic damage.

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At times, alternative methods are followed in place of protection chemicals. For instance, physical and mechanical control issued for weed control. Biological control methods are used to lessen the potential of pest species. Genetic control methods are used for plant breeds with pest resistant features. The crop protection chemicals market is segmented into product, application, and region. Geographical segmentation for crop protection chemicals industry include North America, South America, Europe, Asia-Pacific, Middle East and Africa.

European crop protection market leads in the global scenario owing to high demand for vegetable and fruits. Middle Eastern regions are likely to gain a strong market position in the crop protection chemicals market due to extensive farming and agricultural practices. Asia-Pacific’s crop protection chemicals industry is expected to gain a prominent position due to smart agricultural practice; demand for food on regular basis, and rise in technology with respect to agriculture.

The key players in the crop protection chemicals market include Marrone Bio Innovations, BASF SE, Nufarm Ltd, DuPont, BioWorks, FMC Corp, Natural Industries, Monsanto, Syngenta AG, Sumitomo Chemical, Valent Biosciences and Novozymes A/S.

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Market Segment:

Crop Protection Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2012 – 2022)

• Herbicides

• Fungicides

• Insecticides

• Others

Crop Protection Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2012 – 2022)

• Fruits & vegetables

• Cereals

• Maize

• Cotton

• Rice

• Others

Crop Protection Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2012 – 2022)

• North America

• Europe

• Asia Pacific

• Rest of the world

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Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Milling Machine Market Size, Share, Scope and Comprehensive Analysis till 2025

June 08, 2021:With reference to the report issued by the professionals, in 2018, the scope of global Milling Machine Market was priced at US$ 63,156.5 million. It is likely to record a 7.0% CAGR during 2019 to 2025 to touch US$ 100,861.0 million by the completion of forecast period.

The milling machines are the category of the most essential machines utilized in the application of metal cutting through a number of businesses. The encouraging development of the global business of metalworking and a remarkable growth in metalworking amenities all over the world, have generated the demand for these machines during the current years.

Drivers:

The increasing demand for high class products is a most important issue accountable for the growth in demand for milling machine. Upsurge in demand for computer numerical control (CNC) machines because of its cutting-edge procedure and accurate cutting has boosted up the global market for these machines. Here are three categories of these machines existing in the market: automatic, semi-automatic and manual milling machines. The manufacturing companies are concentrating on technical improvement of the product to create it additionally progressive and well-organized. Growth in mechanization has directed to augmented demand for automatic machines. These machines are investment demanding and necessitate fewer humanoid participation. Companies are commissioning automatic machines so as to upsurge the capacity of manufacture. Demand for CNC machines has augmented during the years as they are extremely effectual, industrious, and permit amalgamation of new-fangled machineries. These benefits of the machines have powered the development in the formation of makers and suppliers to deliver machines.

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Restraints:

On the other hand, absence of skillful manual labor in the manufacturing business may perhaps limit the global milling machines industry. Semi-automatic and manual machines necessitate effort from labor. Manual labor must be sufficiently trained to run the machines. Automatic machines are investment demanding and some end consumers may possibly not be capable to procure them. These machines necessitate consistent looking after for even working, that upsurges the cost of the operation. The hindrance in the manufacturing market of machine tools in Europe, can demonstrate the difficulty for the global milling machine market.

Classification:

The global milling machine industry can be classified by End Use, Type and Region. By End Use, it can be classified as: Industrialized, Construction Equipment, Automotive, Power & Energy, Defense & Aerospace and Others. By Type, it can be classified as: Vertical Milling Machines, Horizontal Milling Machines.

Regional Lookout:

By Region the global milling machines market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to the increasing implementation of metal cutting procedures within the region, Asia Pacific ruled the market in 2018. As long as Asia Pacific is a home base for some of the important companies of the milling machine industry, it is expected to remain dictating the global market during the period of forecast. The resourcefulness taken by the government for example the ‘Skill India’ and ‘Make in India’ programs of Government of India are likewise estimated to motivate the demand for machine tools within the province.

Due to a forceful implementation of milling machines by way of the automobile manufacturing companies within the region, Europe was responsible for the significant share in2018. Whereas Europe is a home base for the number of automobile manufacturing companies, the machines with multi-tasking facilities are accepted by the companies. Similarly, rail manufacturing companies in few European nations, for example the U.K, France and Germany have also implemented these machines. The development of the provincial market for milling machines can likewise be credited to the increasing sector of power generation and the consequent development in demand for the fragments for example motors and turbines, which require to be machined using greater accuracy machine tools such as milling machine.

Companies:

The companies operating in the market are likewise accepting diverse policies for example collaborations, mergers & acquisitions and partnerships to enlarge their ranges of product. Noticeable companies are mainly putting emphasis on cooperating with companies proposing cutting-edge systems and mechanisms so as to incorporate innovative machineries into their products. For example, in April 2017, Dalian Machine Tool Group Corporation of China and Gazdevice of Russia formed a corporation in Russia in Moskovskaya Oblast for making machine tools having greater accuracy.

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Some of the important companies for milling machine market are: Yamazaki Mazak Corporation, Hurco Companies, Inc., Okuma Corporation, Haas Automation, Inc., DATRON Dynamics, Inc., AMADA CO., LTD., Dalian Machine Tool Group Corporation (DMTG), Shenyang Machine Tool Co., Ltd., FANUC CORPORATION, DMG MORI CO., LTD., and Amera Seiki.

Market Segment:

Milling Machine Type Outlook (Revenue, USD Million, 2014 – 2025)

• Horizontal Milling Machine

• Vertical Milling Machine

Milling Machine End Use Outlook (Revenue, USD Million, 2014 – 2025)

• Automotive

• Aerospace & Defense

• Construction Equipment

• Power & Energy

• Industrial

• Others

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

• North America

• U.S.

• Canada

• Europe

• Germany

• Italy

• France

• Asia Pacific

• China

• India

• Japan

• Latin America

• Mexico

• MEA

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Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Cosmetic Packaging Market Analysis by Trends, Size, Share, Growth And Opportunities till 2025

June 07, 2021: With reference to the statement issued by the experts, in 2018, the scope of the global Cosmetic Packaging Market was appreciated at US$ 25.9 billion and is estimated to touch US$ 35.9 billion by the completion of the year 2025. It is estimated to increase by a 4.8% CAGR during the period of forecast.

Packing for beauty and cosmetic products is particularly for placing of brand, customer functionality, and protection to the product. The progression of innovative and wide-ranging wrapping styles and modernization in packing performs an important part in motivating the development. Furthermore, because of increasing alertness about personal care, developments in per capita earnings, altering criteria of living and inventive designs, for example sticks and sprays, developing economies are proposing an enormous openings for the development for the cosmetic products.

Drivers:

Growing demand for cosmetics owing to increasing population of youngsters, ever-changing style of packing and advanced designs of package are expected to motivate the cosmetic packaging industry during the period of forecast. The larger number of products and trademarks are arriving for the beauty products. Novelty, effectiveness of packing and demand for product variation are some of the aspects important for the development of the market.

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Additionally, because of fluctuating tendencies of preparing between both genders categories the demand for cosmetic products is growing. This is expected to motivate the market during the period of forecast. The manufacturers depend on wide-ranging advertisement over diverse mass media for marketing cosmetic items. Novelty in packing is the important reason for enticing customers. As a consequence impacting the general development of the cosmetic packaging business during the upcoming years.

Classification:

The global cosmetics packaging market can be classified by Type of Cosmetic, Type of Material Type of Product and Region. By Type of Cosmetic, it can be classified as: Make up, Skin Care, Nail care, Hair Care. By Type of Material, it can be classified as: Paper, Plastic, Glass, Metal and Others. By Type of Product, it can be classified as: Sachets, Caps, Dispensers, Tubes, Bottles, Closures, Containers, Pumps, and Pen Varieties.

Regional Lookout:

By Region the global cosmetic packaging industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Owing to the greater infiltration of cosmetic products over the common people, the global market for cosmetics packaging is ruled by Europe and North America. Because of the greater capability to expenditure of the common people, North America has controlled the global market. With the aim of increase aesthetics, the consumption of cosmetics has boosted up in industrialized economies. Owing to the greater significance of individual appearance between the common people, the North America is tracked by Europe.

By means of an existence of enormous number of domestic companies, the Asia Pacific is the maximum profitable market. Owing to altering financial circumstances, it is estimated to observe technical progressions. Asia Pacific commanded in 2018, by way of grabbing the 40% share and is expected to record a substantial CAGR during the nearby prospect. Japan, in Asia Pacific, funds to the main stream of share and is estimated to record a 5.4% CAGR during the period of forecast. The presentation of diverse assortments of the product and increasing acceptance by the customers owing to growing cognizance regarding diverse benefits for example the solution for anti-tanning have motivated the cosmetic packaging market within the state.

Middle East & Africa (MEA) is estimated to record a 5.2% CAGR during the period of forecast. The nations for example the UAE and Saudi Arabia are estimated to motivate the demand for cosmetic products during the nearby prospect. Growing demand for halal cosmetic products has motivated the market within the state. Therefore, growing demand for the cosmetic manufacturing tips to an upsurge in demand for the manufacturing of cosmetic packaging. Lain America along with Asia Pacific are estimated to observe the maximum percentage of development in the global cosmetics packaging industry.

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Companies:

The foremost objective of these manufacturing companies are to upsurge the optical impression of the product accordingly the escalation in sales of the articles. The objective for these manufacturing companies are the bulk markets for example Japan, China, India and South Korea. Modernization in the methods of packaging is one of the important reasons to increase the reasonable benefit. The manufacturing companies have presented environmentally friendly resolutions of packaging and are also consuming reprocessed plastics for the similar purpose.

Some of the important companies for cosmetic packaging market are: AREMIX Packaging, Libo Cosmetics, DS Smith, Silgan Holdings, HCP Packaging, AptarGroup Inc., Graham Packaging Company, Bemis Company Inc., RPC Group Plc and Albea.

Market Segment:

Cosmetic Packaging Material Type Outlook (Revenue, USD Billion, 2015 – 2025)

• Plastic

• Metal

• Glass

• Paper

• Others

Cosmetic Packaging Cosmetic Type Outlook (Revenue, USD Billion, 2015 – 2025)

• Hair Care

• Skin Care

• Nail Care

• Make-up

Cosmetic Packaging Regional Outlook (Revenue, USD Billion, 2015 – 2025)

• North America

• U.S.

• Europe

• Germany

• U.K.

• Asia Pacific

• China

• Japan

• Middle East & Africa

• Saudi Arabia

• Central & South America

• Brazil

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Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com