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E-Cigarettes Market- Global Insights, Trends & Forecast – 2017 To 2025

 

 

An electronic cigarette is a type of battery operated electronic nicotine delivery system (ENDS) which simulates the sensation of smoking tobacco without inhaling the smoke instead it emits a vaporized nicotine which is inhaled by the user. E-cigarettes are tobacco free and doesn’t produces and odor or combustion. The liquid that acts as a base of the e-cigarettes are often formed of liquid and may contain water, nicotine, glycerol, flavorings and propylene glycol. E-cigarettes comprise a varied group of devices that permit users to inhale an aerosol, which characteristically contains flavorings, nicotine, and other additives. E-cigarettes vary extensively in appearance and design, but usually operate in a similar manner and are made up of similar components.

 

Market Outlook

Rising awareness regarding health issues such as lung cancer and gum diseases caused by smoking conventional cigarettes, adoption of less harmful products and increasing tax hike is boosting the adoption of E-cigarettes. The World Health Organization (WHO) on July 2013, issued a declaration concerning about the potential risks of smoking E-cigarettes, that include irritation in throat and coughing. Thus, the above-mentioned reason is expected to restraint the market growth in the near future.

 

Market Segmentation and Analysis

The E-cigarette market is segmented on the basis of product type, and distribution channel. On the basis of product type, the market is sub-divided into rechargeable, modular and disposable. According to Insights and Reports analysis, modular E-cigarettes is expected to hold a lion share in the market owing to the availability of varied flavors which can be used according to the user’s choice. Modular E-cigarettes can also be adjusted to deliver varied power to the atomizer. Furthermore, on the basis of distribution channel, the E-cigarette market can be segmented into supermarkets, hypermarkets, online stores, specialty stores and others. Online stores is expected to hold a major chunk of the market owing to various options and models availability and ease of buying. Availability of different flavors and improved smoking experience is majorly boosting the growth of E-cigarettes.

 

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Geographical Outlook

According to Insights and Reports analysis, North America is expected to hold a prime share of the E-cigarettes market owing to rising numbers of educational campaigns along with the ban implemented for smoking at public areas in the parts of the U.S. This has led towards the drop of conventional smoking by approximately 31% from 2005. Thus, it has generated a huge market opportunity for E-cigarette sales in the U.S. In the year 2015, 27.1% of the youths were found using E-cigarettes by a survey conducted by National Youth Tobacco Survey. Additionally, it resulted in banning of E-cigarettes to minor in 41 states in the U.S. However, this ban of E-cigarettes to minor have impacted the growth of the market in the region.

Europe region is expected to at the prime rate owing to regulations and high price of conventional cigarettes. The total E-cigarettes smokes have increased from 2.7% in 2010 to 17.7% in 2014 only in the U.K. in a conventional cigarette, when tobacco is burned, a sticky substance called as tar is produced. Tar sticks to the lungs and damages it. Thus, the absence of tar produced while smoking E-cigarette is expected to drive the market during the forecast period in the region.

In Asia Pacific, and South America, there is a huge opportunity of growth. These regions are still lagging behind in the adoption of E-cigarettes owing to lack of awareness and huge price point. Manufacturers operating in these regions are expanding their business to penetrate even further by promoting their product through various sales channels.

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/e-cigarettes-market

 

Competitive Outlook

To increase the presence in the global market, manufacturers are implementing strategies such as acquisition and mergers. For example, Altria merged with Philip Morris International in the year 2013 to expand market presence. Some of the key players operating in the market are Altria Group, Philip Morris International, British American Tobacco and VMR products among others.

Almond Drinks Market Analysis of Sales, Revenue, Share and Growth Rate to 2025

 

Almond drinks are a class of drinks that are extracted from ground almonds that contains creamy texture and nutty flavor. These drinks do not contain lactose, and are highly preferred by the consumers who are lactose intolerant. Major brands that are associated in the almond drinks market include Blue Diamond’s Almond Breeze.

The growing concerns toward dietary restriction plays an important role in the rise in the growth for almond drinks market in the recent years. Almond drinks consist of high amount of fibers, proteins and lipids and does not contain saturated fat and cholesterol hence making it a major choice among the ageing population suffering from high blood pressure and heart diseases across the globe.  Moreover, consumption of almond drinks offers excellent health benefits such as smooth digestion, maintaining bone health and weight management among others which is also anticipated to surge the almond drinks market.

 

Almond Drinks Market: An Upward Trend

The rising inclination toward consumption of dairy products that are lactose free in order to maintain a proper galactose level in the body has resulted to the rise in the demand for the almond drinks in recent years. The growth trajectories of the almond drinks and dairy milk are starkest when the sales are concerned. According to Insights and Reports the sales of almond milk grew 7.9% in 2016 while the traditional milk fell by 7%. In addition to this, factors such as ease of preparation, enhanced taste, and nutrition value along with the growing demand for on the go beverages is estimated to substantially contribute to the growth of the almond drinks market during the review period.

However, lack of awareness regarding the benefits of the product coupled with the presence of other diary-based alternative are one the major factors restraining the growth of the almond drinks market during the assessed period.

On the basis of product type, the plain unsweetened segment was the largest segment in 2017 and is projected to show the same trend during the forecast years. The growing prevalence of diabetes, high blood pressure and cardiovascular diseases among others is largely contributing to the growth of the segment. On the basis of flavor, the almond drinks market has been segmented as vanilla, chocolate, strawberry, peach and others. According to Insights and Reports analysis, the chocolate flavor segment is projected to generate the highest gains during the review period. The rising preference of chocolate over other available flavors the segment is the major factor leading to the growth of the segment.

 

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Regional Insights

In terms of region wise study, the almond drinks market has been segmented into North America, Europe, Asia Pacific, Middle East, Africa and Latin America. North America is expected to dominate the almond drinks market followed by Europe and Asia Pacific. The growing demand for on the go beverage in U.S along with the presence of the largest producer and exporter of almonds in the region (California) is further anticipated to augment the almond drinks market growth during the forecast period. In addition to this, the rise in the number of lactose intolerant consumers in the North American region is also positively contributing to the surge in the almond drinks market revenue. Europe and Asia Pacific is estimated to register significant market growth during the review period.

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/almond-drinks-market

 

Competitive Landscape:

The proficient players in the almond drinks market are adopting various organic and inorganic growth strategies such as emphasizing on product innovation, new launches, merger and acquisitions and geographic expansion to increase market share. Some of the key players operating in the almond drinks market include Furest Day Lawson, Natura Foods, Alpro, Blue Diamond Growers, Malk Organics among others. 

 

#Clean_Label_Packaging_Market

Clean Label Packaging Market Foreseen to Grow Exponentially over 2025

Reblogged from swapnil0195:

 

Clean label packaging is a surging terminology in the food and beverage industry over the past year and is expected to be uniquely defined in the food and beverage sector in the forecast period. Clean label packaging is mainly concerned with increasing consumer awareness towards clean label ingredients used in the products. Clean label packaging market is anticipated to fuel in the forecast period as clean label replaces various synthetic or artificial ingredients used for food packaging such as BHT, sodium ascorbate, BHA, sodium erythorbate, phosphates, rosemary extract, and sodium citrate among others. Clean label in packaging alternatively means to avoid packaging ingredients such as synthetic ingredients, artificial ingredients, and highly processed ingredients.

 

The clean label packaging market is expected to propel due to increase in consumer awareness towards non-GMO and organic or plant-based extracts for food packaging. According to the United States Department of Agriculture (USDA), 90% of the U.S. populous support clean labeling, which is mandated to be for the food manufacturers to unveil the content or ingredients in the product. According to a survey in 2016, the Food and Drugs Administration (FDA) stated, that 88% of the North American population read labels, while 73% of the consumers considers label statements before purchasing its products, and about 70% of the poultry and meat consumers discards products with artificial or synthetic ingredients. Owing to these factors the clean label packaging market is expected to propel during the forecast period (2018 – 2025).

 

Clean Label Packaging: An Upward Trend

The clean label packaging market is expected to grow due to change in protein and other food and beverage manufacturers towards providing a clean label packaging technology. The clean label packaging systems helps to improve the food safety and protection against various bacterial and other micro-organisms such as E. Coli H157, Listeria moncytogenes, and Listeria spp. The growing regulations towards food safety amended by various government organizations such as the Food and Drug Administration Modernization Act (FDAMA) by the U.S. Food and Drug Administration (FDA), Food Safety and Drug Administration (FSDA), Food Safety and Standards Authority of India, and others are expected to boost the clean label packaging market during the forecast period. Clean label packaging improves the shelf-life reducing the color development time specially in meat and poultry products coupled with addition of improving flavors. Clean label packaging is highly important in the beverage industry which is expected to boost the market for clean label in the beverage sector. The global beverage market was accounted for US$ 1.3 trillion in 2017, by the Food and Drug Administration (FDA), which is in turn expected to boost the market for clean label packaging in the forecast period. According to the International Food Information Council Foundation (IFIC), by 2023, 7 out of 10 people is expected to understand the importance of clean label in their food and beverage products. Owing to these factors the clean label packaging market is expected to fuel in the forecast period.

 

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Regional Acumens:

The clean label packaging market is expected to be dominated by North America, while Asia Pacific is expected to be the fastest growing region for the market in the forecast period. The clean label packaging market is expected to propel due to increase in awareness of consumer towards healthier and synthetic-free, no GMO products. According to the International Food Information Council (IFIC) Foundation, over 90% of the North American populous is expected to pursue for healthier and nutritious food and beverage products. The American population is anticipated to avoid the consumption of ingredients such as added sugar, preservatives, high fructose corn syrup (HFCS), aspartame, and others, owing to which the clean label packaging market is expected to boom during the forecast period. Asia Pacific is expected to be the fastest growing region due to increase in consumption of packaged food and ready-to-go food products which don’t contain any artificial additives, preservatives, flavors, enhancers and others. Owing to these factors the market for clean label packaging is expected to propel in Asia Pacific in the forecast period (2018 – 2025).

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/clean-label-packaging-market

 

Competitive Landscape:

Rising demand for clean label packaging solutions has allowed various companies towards numerous innovations and technological advancement. For instance, Ingredion Incorporated, in 2015, 32% of its products were of clean label. Other major players for the clean label packaging market include Ingredion Incorporated, A-B-C Packaging Machine Corporation, Tetra Laval International SA, and Graham Packaging Company Incorporation among others.

Clean Label Packaging Market Foreseen to Grow Exponentially over 2025

 

Clean label packaging is a surging terminology in the food and beverage industry over the past year and is expected to be uniquely defined in the food and beverage sector in the forecast period. Clean label packaging is mainly concerned with increasing consumer awareness towards clean label ingredients used in the products. Clean label packaging market is anticipated to fuel in the forecast period as clean label replaces various synthetic or artificial ingredients used for food packaging such as BHT, sodium ascorbate, BHA, sodium erythorbate, phosphates, rosemary extract, and sodium citrate among others. Clean label in packaging alternatively means to avoid packaging ingredients such as synthetic ingredients, artificial ingredients, and highly processed ingredients.

 

The clean label packaging market is expected to propel due to increase in consumer awareness towards non-GMO and organic or plant-based extracts for food packaging. According to the United States Department of Agriculture (USDA), 90% of the U.S. populous support clean labeling, which is mandated to be for the food manufacturers to unveil the content or ingredients in the product. According to a survey in 2016, the Food and Drugs Administration (FDA) stated, that 88% of the North American population read labels, while 73% of the consumers considers label statements before purchasing its products, and about 70% of the poultry and meat consumers discards products with artificial or synthetic ingredients. Owing to these factors the clean label packaging market is expected to propel during the forecast period (2018 – 2025).

 

Clean Label Packaging: An Upward Trend

The clean label packaging market is expected to grow due to change in protein and other food and beverage manufacturers towards providing a clean label packaging technology. The clean label packaging systems helps to improve the food safety and protection against various bacterial and other micro-organisms such as E. Coli H157, Listeria moncytogenes, and Listeria spp. The growing regulations towards food safety amended by various government organizations such as the Food and Drug Administration Modernization Act (FDAMA) by the U.S. Food and Drug Administration (FDA), Food Safety and Drug Administration (FSDA), Food Safety and Standards Authority of India, and others are expected to boost the clean label packaging market during the forecast period. Clean label packaging improves the shelf-life reducing the color development time specially in meat and poultry products coupled with addition of improving flavors. Clean label packaging is highly important in the beverage industry which is expected to boost the market for clean label in the beverage sector. The global beverage market was accounted for US$ 1.3 trillion in 2017, by the Food and Drug Administration (FDA), which is in turn expected to boost the market for clean label packaging in the forecast period. According to the International Food Information Council Foundation (IFIC), by 2023, 7 out of 10 people is expected to understand the importance of clean label in their food and beverage products. Owing to these factors the clean label packaging market is expected to fuel in the forecast period.

 

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Regional Acumens:

The clean label packaging market is expected to be dominated by North America, while Asia Pacific is expected to be the fastest growing region for the market in the forecast period. The clean label packaging market is expected to propel due to increase in awareness of consumer towards healthier and synthetic-free, no GMO products. According to the International Food Information Council (IFIC) Foundation, over 90% of the North American populous is expected to pursue for healthier and nutritious food and beverage products. The American population is anticipated to avoid the consumption of ingredients such as added sugar, preservatives, high fructose corn syrup (HFCS), aspartame, and others, owing to which the clean label packaging market is expected to boom during the forecast period. Asia Pacific is expected to be the fastest growing region due to increase in consumption of packaged food and ready-to-go food products which don’t contain any artificial additives, preservatives, flavors, enhancers and others. Owing to these factors the market for clean label packaging is expected to propel in Asia Pacific in the forecast period (2018 – 2025).

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/clean-label-packaging-market

 

Competitive Landscape:

Rising demand for clean label packaging solutions has allowed various companies towards numerous innovations and technological advancement. For instance, Ingredion Incorporated, in 2015, 32% of its products were of clean label. Other major players for the clean label packaging market include Ingredion Incorporated, A-B-C Packaging Machine Corporation, Tetra Laval International SA, and Graham Packaging Company Incorporation among others.

Gummy Vitamins Market is driven by increasing demand for food and outlook to 2025

Gummy Vitamins are a class of supplements that are in the form of gummies. These gummies possess the same properties that of traditional vitamins but are more convenient and appealing. According to Insights and Reports analysis, the global gummy vitamins market is projected to grow at a CAGR of over 4.5% during the forecast years. The growing penetration of gummy vitamins in the dietary supplements market coupled with the increasing adoption rate are the major factors attributing to this growth. These gummy vitamins come with different tastes, shapes and colors which makes them more preferable among both kids as well as adults.

 

Gummy Vitamins Market: Trends

The growing popularity of gummy vitamins among children as well as adults is projected to boost the market during the forecast years. Moreover, the growing demand for dietary supplements owing to their health benefits is also anticipated to surge the demand for gummy vitamins during the forecast period. Furthermore, the problems of pill fatigue among the adults can also be resolved through the use gummy alternatives thereby adding to the market demand. However, lack of awareness about the gummy vitamins coupled with the presence of excessive sugar in the products are anticipated to be some of the major restraining factor of the global gummy vitamins market.  

 

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The major manufacturers are constantly investing of research and development activities to gain a larger share in the market. The production of sugar free gummy vitamins as well as using alternative sweeteners is anticipated to be a major trend by the end of the forecast years.  

 

On the basis of type, the multivitamin segmented is projected to be the dominant segment during the forecast years. The rising intake of multivitamins across the globe has led to the development of new tastes and shape which is projected to act as a major driving factor contributing to the growth of the segment. On the basis of age group, children gummy vitamins are projected to be the dominant segment, whereas the adult gummy vitamins segment is projected to witness the highest CAGR during the review period. The growing pill fatigue among adults is acting as a major trigger in the demand for gummy vitamins, and is projected to show the same trend throughout the forecast period.

 

Regional Acumens:

On the basis of region, the global gummy vitamins market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. According to Insights and Reports analysis, the North American region is projected to dominate the global gummy Vitamins market closely followed by the European market during the review period.  The growing dependency of dietary supplements mainly in U.S coupled with the presence of major pharmaceutical manufacturers is expected to drive the North American gummy vitamins market. Asia Pacific market of gummy vitamins is set to display the highest CAGR during the assessment years. According to Insights and Reports analysis the Asia Pacific market of gummy vitamins is projected to grow at a CAGR of over 3% during the forecast period.

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/gummy-vitamins-market

 

Competitive Landscape:

The proficient players operating in the global Gummy Vitamins market has adopted various organic and inorganic growth strategies to enhance their presence in the global market. Some of the major players operating in the global Gummy Vitamins market are Abh Labs, Vitakem Nutraceutical, Inc, Gimbal Brothers, Inc, Makers Nutrition, Llc, Nutra Solutions USA, and Ernest Jackson & CO.LTD among others.

Dairy products Market is driven by increasing demand for food and outlook to 2025

Dairy products are the vital part of our lives which includes milk and milk products. Its numerous health considerations are largely attributed for its consumption. Dairy cattle are the true source of omega 3 acids, largely from cows which is considered better for heart and brain developments. The dairy products market is anticipated to witness prominent growth owing to the growing consumption patterns coupled with the rising population at global level. According to the International Dairy Federation, the per capita consumption inclined to 111.3 kgs in 2015 from 106.1 kgs in 2010, globally thereby accelerating the global dairy market.

 

Market Dynamics

The rising demand butter and cheese across the globe is the key driver for the growth of dairy products market. According to USDA, the butter produced in 2014 accounted for more than 10,439 (in 1,000 MT), out of which butter consumed was 8,560 (in 1,000 MT). Butter products accounted for maximum consumption share in proportion to its production followed by butter oil and cheese. Therefore, it is anticipated that the consumption of butter and cheese is likely to increase in the coming years thereby, generating significant revenue in the dairy market. Furthermore, the clean label is a drive by the consumers that are demanding to have originality and transparency amongst the numerous products, particularly dairy products to reduce the synthetic chemicals and artificial ingredients. According to Packaged Facts National Consumer Survey, in 2017, the consumers aged between 18 to 34 years in the U.S. were highly concerned towards dairy milk products, cheese and plant milk including almond milk, coconut milk etc.  rising campaigns and awareness towards the betterment of dairy products amongst consumers is one of the key driving factor for the growth of dairy products market

However, numerous un-updated government policies towards changing demands and preferences pertaining to dairy products by policy markers across the regions such as the U.S., India, Bangladesh and others can act as restraining factor for the market. For instance, Margin Protection Program for Dairy (MPPD) in the U.S. was made back during the great depression, however, has not been updated till now which acts as barrier towards new innovations in the dairy market.

 

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By Product Type

On the basis of product type, the market is segmented into cheese, butter, ice-cream & desserts, lactose free milk, yogurt, and others. Lactose free milk is expected to grow at a noticeable CAGR over the coming decade. The rise is mainly attributed to the increasing consumer awareness pertaining to the people’s health, coupled with rise in lactose intolerance among the population of various countries across the globe including India, the U.S., and other European countries. The population in these countries are consuming the dairy products rich in lactase such as fluid milk, cheese etc. As per the study by National Centre for Biotechnology Information (NCBI), lactose intolerance is found among 25% of the European population, along with several people of different countries. The high rate of lactose intolerance amongst population, globally has shifted the consumers preferences towards tofu, soya milk, almond milk, thereby, enhancing the scope of growth for the dairy product market.

 

By Application Type

Global dairy product market is segmented into bakery and confectionary, frozen food, clinical nutrition, and others. Bakery and confectionary are anticipated to have a major share over the forecast period majorly due to the increasing consumption of dairy products for manufacturing several products such as bread, milk chocolates, and biscuits, which largely consists of cream, milk, butter, etc. In the U.S., there are more than 2800 commercial bakeries generating revenue approximately US$ 30.0 billion along with retail bakeries with the revenue contribution of US$ 3.0 billion in 2017, as per Small Business Development Centre Network in the U.S. As the product demand increases in proportion with the production of bakery products, the dairy products market for bakery products is expected to grow over the projected period.

 

For more information about this report @ https://www.insightsandreports.com/industry-reports/dairy-products-market

 

Regional Analysis

Asia Pacific is anticipated to be the fastest growing market pertaining to the growing demand for dairy products. According to the OECD FAO estimates, the dairy products, the demand of the Asian milk is perceived to reach to 320 million tons by the end of 2022, which is further expected to rise the milk availability to 40 million tones. Particularly, India is anticipated to be the largest producer of the fluid milk, and the production is estimated to reach 167 million metric tons by the end of 2018, according to Global Agriculture Information Network (GAIN). As milk is the key component of dairy products, the demand for dairy products is also predicted to enhance in this region over the projected period.

 

Competitive Landscape

The leading market players in the dairy products market include Nestle SA, Amul, Dairy Farmers of America Inc., Krafts Foods, Unilever, Fonterra Group, and Snow Brand Co. Ltd. among several others.

New innovations pertaining to dairy products in the dairy products market is one of the key strategies adopted by the key companies to attract the vast consumer population. To identify the taste buds, and also to meet the changing consumer preferences, Danone developed a program named Nutriplanet, which offers support to local producers to maintain the standards of various milk products. This program also helps the farmers with new farming techniques.

 

Asthma Spacers Market Global Industry Insights, Trends, And Forecast, 2017-2025

Asthma Spacers that are also referred as volume spacers are devices made of plastics that can be used by people suffering from asthma or shortness of breath. Asthma spacers can be utilized to deliver drugs primarily on lungs, which further aids the normal breathing of asthma patients. Asthma spacers can be used by patients of any age group as they are available in different size and shapes.

 

Market Dynamics:

Asthma Spacers market is anticipated to grow over the forecast period, owing to rising number of asthma patients globally. According to the World Health Organization (WHO), asthma is the most common non-communicable disease and around 235 million people are suffering from asthma worldwide. Rising healthcare expenditure of people across the globe, coupled with escalation in demand for advanced medical devices in order to address breathing problems such as asthma and emerging requirement to reduce medication (due to the side-effects of some medications) number of patients suffering from asthma are driving the growth of asthma spacers market. According to Ministry of Health New Zealand, 50% more medicines reaches to breathing tubes (airways), if spacers are used along with inhalers for the intake of asthma drugs. Furthermore, reusable and cost-effective nature of asthma spacers will boost their growth in the upcoming years. However, compatibility limitation of spacers with some asthma metered-dose inhalers (MDI) medication can restrain the growth of asthma spacers market.

 

By Product Type:

Aerochamber spacers are expected to hold the major revenue share over the forecast period due to their higher efficiency in delivering asthma medication more precisely. Higher adaptation of aerochamber spacers by asthma patients due to ease of use and their higher presence in the market is aiding the growth of this segment. Advancements made in Aerochamber spacers to make them more effective for asthma management is expected to boost the growth of Aerochamber spacers. For instance, ‘AeroChamber Plus Z Stat’ designed by Monagahan Medical is equipped with valve-baffle design that escalates aerosol suspension that help in the optimization of respirable drug dose.

 

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By Distribution Channel:

Medical and pharmacy stores are expected to account for a major revenue share over the forecast period due to the availability of some asthma spacers only on prescription. Furthermore, increasing over-the-counter sales of medical devices due to availability of devices in different shapes and size will further escalate the growth of asthma spacers market through medical stores. Online segment is anticipated to be the fastest growing segment due to presence of a range of asthma spacers, produced and distributed by various companies. Discounts offered by e-commerce sites and availability of budget-friendly products on online stores will contribute in the growth of the segment.

 

Regional Insight:

North America is expected to dominate the asthma spacers market due to rising number of patients suffering from asthma in the region, which in return is generating the demand for more asthma spacers. According to Asthma and Allergy Foundation of America, more than 26 million Americans suffer from asthma. Availability of advanced medical facilities and improved healthcare infrastructure are some of the reasons that will contribute to the growth of asthma spacers market in North America. Furthermore, rising healthcare expenditure of Americans, coupled with presence of prominent market players in the region such as Merck & Co. are expected to boost the asthma spacers market in the region. Europe is expected to grow significantly over the forecast period due to presence of prominent market players such as Fisons Plc., GlaxoSmithKline Plc., and others in the region. Rising governmental support in improving the healthcare system of Europe is further anticipated to boost the growth of asthma spacers market in the region.

 

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Competitive Landscape

Key market players operating in Asthma spacers market include Merck & Co., Cipla, Pari Gmbh, TEVA Pharmaceuticals, Clement Clarke, Fisons, GlaxoSmithKline Plc., Lupin, and Trudell Medical International.  Major market players are focusing on development and launch of advanced asthma spacers that can address the rising incidences of asthma with higher efficiency. For instance, in November 2017, Trudell Medical UK launched AeroChamber Plus Flow-Vu-Anti-Static VHC spacer that is more effective than non-anti-static holding chambers. The asthma spacer can be purchased only on prescription.

Get ready for pea milk. It doesn’t taste like peas and it’s not even green

Pea milk are plant based milk which is extracted from yellow peas which is a legume, found mostly in parts of Asia, North Africa, and Southern Europe. Pea milk market is expected to grow during the forecast period, due to its higher benefits compared to almond milk and soy milk. Pea milk contains the required nutrition such as vitamin D, protein, fat, and calcium for toddlers and infants, which provides a 50% more calcium and half the quantity of saturated fat from other milk alternatives. According to the U.S. Census Bureau, in 2017, the total number of children below the age group of 5 were 23.3 million in the United States, and is expected to grow to 24 million by 2026. Such factors are playing a major driving factor to the pea milk market and is expected to propel at a high rate during the forecast period. Furthermore, increasing parent’s preference towards vegan milk that does not contain lactose, soy, gluten, and are non-GMO provided products are further fuelling market growth. According to the National Center for Biotechnology Information, in 2017, the rise in vegan population is expected to be by 17% across the globe, which in turn is expected to reduce the content of ecological footprint (EF), water footprint (WF), and carbon footprint (CF), which accumulates to GHG emissions. Thus, the rise in vegan population is also expected to boost the pea milk market during the forecast period.

 

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Consumers Shifting Focus towards Pea Milk from Other Milk Alternatives:

The pea milk market is expected to propel due to various benefits over conventional milk alternative products. Various supermarkets such as Publix, Shaw’s, Safeway, and others has incorporated pea milk products into their aisle lines which is further helping in gaining customer attention towards these products. This factor is expected to boost the purchasing rate of consumer from other plant based milk alternative products. Pea milk market is anticipated to be boosted as it is highly vegan, and are exclusive to any animal origin. Thus, vegan milk is expected to reduce the cost of animal breeding, maintenance, and others. According to the National Center for Biotechnology Information (NCBI), the overall maintenance cost for a farm of over 100 cattle is expected to cross 6.3 million per year excluding other cost. Thus, the surge for pea protein is expected to reduce animal husbandry cost for the country’s economy, coupled with its benefits of soy free, nut free, gluten free, and lactose free contents over other vegan milk products such as soy milk, almonds milk, oat milk, potato milk, and others. Additionally, major companies such as Google and others investing in the pea milk manufacturers are also expected to supplement market growth.

However, one of the major factors which is expected to hamper the pea milk market during the forecast period is the cost of pea milk products which is about 35 to 40% higher than other milk alternative products. For instance, the 48 FL oz. packet of pea milk is US$ 4.31, while the same packet for soy milk is US$ 2.21. Thus, this pricing difference is expected to hamper the pea milk market during the forecast period, due high extraction and operating cost of pea milk.

 

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Regional Acumens:

Europe and North America is expected to be the most attractive market for pea milk throughout the forecast period from 2018 to 2025, while Asia Pacific is expected to be the fastest growing region for the pea milk market. Asia Pacific market is expected to be the fastest growing market due to increase in consumer demand for lactose free products coupled with non-GMO products in milk consumption. Liberalization of foreign direct investment (FDI) throughout the food segment, diet diversification, and rapid urbanization is expected to be some of the major factors for the growing demand for vegan milk products in Asia Pacific. Pea milk is expected to propel during the forecast period due to its major health benefits over cow or goat milk, such as resolving the problems of calorie concerns, lactose intolerance, prevalence of hypercholesterolemia, and cow milk allergy among others. Owing to these factors, the global pea milk market is expected to boom during the forecast period.

 

Market Players:

The market for pea milk products is expected to propel with various investments from major market players in and outside the food and beverage industry. For instance, in 2015, Google and other venture capitalists invested in Ripple Foods, who are into manufacturing of pea milk products, for over US$ 45 million.

Major players operating in the field of pea milk market include Ripple Foods, Bolthouse Farms, Nestlé S.A., Danone, among others.

E-Commerce Packaging Market– Global Industry Insights, Trends & Forecast, 2017 – 2025

Growth in online shopping stands to be the major growth factor for the growth of the e-commerce packaging market. Factors such as ease of convenience, attractive discounts and expansion of online retailers in smaller cities have further created demand for online sales. Owing to such factors, demand for packaging of e-commerce products is on a rise. According to Insights and Reports, the global retail e-commerce market witnessed a year on year growth of over 12% in 2017 compared to its previous year.

 

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E-Commerce Packaging Market: A Growing Trend

One of the trends witnessed in the e-commerce packaging market is growing demand for sustainable packaging being explored by different e-commerce players. Leading players such as JD.com, Inc and Suning.com Co., Ltd have been using plastic boxes that can be recycled and reused. For instance, in 2017, Suning.com Co., Ltd have been using over 50,000 plastic boxes and plans to expand across 13 cities in China such as Beijing, Chengdu and others. Additionally, sharing of express boxes is proving to be a cost-effective solution for e-commerce players. For instance, a shared box cost about around US$ 3.8 for Suning.com Co., Ltd and can cut the cost to less than a dollar for a single day delivery. One of the trends witnessed in the e-commerce packaging market is growing demand for sustainable packaging being explored by different e-commerce players. Leading players such as JD.com, Inc and Suning.com Co., Ltd have been using plastic boxes that can be recycled and reused. For instance, in 2017, Suning.com Co., Ltd have been using over 50,000 plastic boxes and plans to expand across 13 cities in China such as Beijing, Chengdu and others. Additionally, sharing of express boxes is proving to be a cost-effective solution for e-commerce players. For instance, a shared box cost about around US$ 3.8 for Suning.com Co., Ltd and can cut the cost to less than a dollar for a single day delivery.

 

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E-Commerce Packaging Market: Regional Acumens

North America stands to be one of the major countries for e-commerce packaging owing to factors such as high internet penetration and having one of the largest digital buyers globally. According to Insights and Reports, the number of online buyers in North America was estimated to be over 200 million in 2017 while the internet penetration was estimated to be over 77% in the same year. Furthermore, presence of major online retailers such as Amazon.com, Inc., and growing online sales of omni-channnel retail stores such as Walmart Inc is further creating demand for e-commerce packaging in the region. For instance, in U.S., Walmart recorded a 44% increase in e-commerce sales to reach US$ 11.5 billion in 2017.

 

In terms of product segmentation, protective packaging segment continued to hold majority of the market share in 2017 owing to growing online sales of food and beverages and electronic products. Among protective packaging, corrugated boxes witnessed majority of the market in 2017. One major trend being witnessed is the usage of multi-depth or adjustable height boxes having a series of scoring marks for resizing the boxes. Usage of these boxes allows the companies to reduce the number of boxes they stock and also help in reducing the DIM and shipping costs. The polybags are expected to witness high growth during the forecast period due to its extensive use for non-fragile products.

 

E-Commerce Packaging Market: Competitive Landscape

Some of the leading players in the market include DS Smith plc, Stora Enso Oyj, WestRock Company, Mondi Plc, Sealed Air Corporation, Pregis Holding II Corporation International Paper, Kite Packaging Ltd, CBS Packaging and Kapstone Paper and Packaging.

Biogas Liquefaction Market Projections & Growth Trends Analyzed During 2017-2025

The biogas liquefaction market is anticipated to grow during the forecast period due to increasing concerns towards environmental pollutions, growing modernization and urbanization around the world, which is in turn expected to boost the demand for energy. At present, the majority of the energy demand is completed by fossil fuels such as crude oil, natural gas, coal. These major environmental concerns have led to shift towards more environment friendly and renewable fuel sources for clean energy. Biogas can be described as a clean, biological and renewable source of energy. Biogas are produced when organic materials such as manure, agricultural waste, plant material, municipal waste, green waste, sewage, food waste, and others are decomposed in anaerobic environment. The production of methane through biogas liquefaction is expected to be major factor to drive the market. The application of methane in manufacturing organic chemicals and its usage as a motor vehicle fuel is expected to be a major factor to boost the biogas liquefaction market. Owing to these factors the biogas liquefaction market is expected to propel during the forecast period (2018 – 2025).

 

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Biogas Liquefaction: Gaining an Upward Trend

Biogas majorly contains of carbon dioxide, methane, siloxanes, moisture, and hydrogen sulphide. The biogas is purified, then processed and liquefied which could be used as fuel, thus this process is known as biogas liquefaction. The purest kind of liquid form biogas contains of about 97% of methane. Liquefied biogas has around 600 times more space advantage rather than in gaseous state, which makes the biogas much easier to be transported. The two major technology used for liquefaction of biogas are conventional upgrading technology and cryo-technology. The biogas liquefaction market is expected to fuel a major growth during the forecast period. For instance, countries such as Netherlands and Sweden have started to use liquefied biogas for their application in automotive. Some of the trucks and trains are using liquefied biogas as a source of fuel in Netherlands. In Sweden, public transport buses and cargo ships use liquefied biogas as a fuel source. The production of liquefaction biogas has led to maintenance of waste management across the globe. The biogas liquefaction market is expected to grow due to its advantage over other compressed gas, and has lower rate wastage produced. Liquefied biogas burns out more clearly and cleanly, which emits lower amount of carbon dioxide (CO2), thus in turn helps to control the global environmental and pollution. Many automotive companies such General Motors have substituted diesel or petrol with liquefied biogas which is expected to boost the market.

 

Regional Acumens:

Europe is expected to be the fastest growing region for biogas liquefaction market during the forecast period. The Europe biogas liquefaction market is expected to grow at a faster rate due to shift of energy towards clean and renewable energy. High demand for biogas has indirectly or directly fueled the growth for biogas liquefaction manufacturing plant around the world. According to the National Renewable Energy Laboratory (NREL), in Sweden, waste is imported from the neighboring countries to produce biogas, which is expected to boost the biogas liquefaction market in Europe. Sweden has around 11 new biogas liquefaction manufacturing plants in 2016. To meet 20% of Europe’s energy demand, U.K, Sweden and France had expanded their liquefied biogas plant across Europe. Owing to these factors the biogas liquefaction market is expected to propel during the forecast period.

 

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Market Players:

The global players are more focused on strategies to withstand their place in the competitive market with expansions, collaborations, mergers, partnership, acquisition, and innovations. For instance, in 2015, Air Liquide, had established a new manufacturing plant in Sweden to expand its capacity for biogas liquefaction. Major players for the biogas liquefaction market include Ameresco, Inc, Eisenmann SE, BioConstruct GmbH, Enspar GmbH, Energy & Waste S.L., EnviTec Biogas AG, Himark BioGas, Groth Corporation, Schmack Biogas GmbH, and Nova Analytical Systems Inc. among others.

 

Plastic Recycling Market Global Insights, Trends & Forecast, 2017 - 2025

Plastic recycling is a process of recovering waste plastic and reprocessing it into reusable products. Plastic being lightweight and inexpensive in nature it can easily be converted into useful products. The advancements in recycling techniques has led to the penetration of recycled plastic into various end use industries ranging from building and construction to the textile industry. The growing government participation in the recycling of plastic waste is projected to be one of the vital factors leading the market growth. However, the lack of awareness about plastic recycling is one of the major downside to the growth of the global market. According to insights and reports analysis, the global plastic recycling market is expected to grow at CAGR of over 6% during the review period.

 

Plastic Recycling Market: An Upward Trend

The growing demand for plastic across various sectors along with the problems associated with disposable of conventional plastics are some of the major factors positively contributing to the revenue of the global plastic recycling market. Recycled plastics are used across various end use industries owing to its ability to impart the same characteristics as virgin plastics with added environmental and energy saving benefits. The growing pollution especially in the emerging economies has resulted in the shift towards recycled plastics which in turn is projected to add major value to the growth of the market during the assessed period. 

 

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On the basis of type, the polyethylene terephthalate (PET) is projected to be the largest market during the forecast years. The ease of collection of polyethylene terephthalate from PET bottles along with the easy recyclability is the dominant factor adding to the growth of the market.  Moreover, recycled PET is widely used in pharmaceuticals, cosmetics, beverage bottling, and electronics owing to its ability to resist the growth of mold, bacteria and fungus. Additionally, recycling of PET requires less energy in comparison with its production which is another factor positively affecting the growth of the segment. On the basis of process mechanical recycling process is the most commonly used method however chemical recycling process is expected to show substantial growth by the end of the forecast period. On the basis of end use industry, the packaging segment is projected to generate maximum gains during the forecast period. The growing government mandates for the shift towards sustainable packaging alternative is projected to surge the growth of the segment during the forecast years.

 

Regional Acumens:

On the basis of region, the global plastic recycling market can be segregated into North America, Europe, Asia pacific, Latin America, Middle East and Africa. According to insights and reports analysis, the plastic recycling market in Asia Pacific is projected to burgeoning growth during the given period. The rising population in this region has compelled many industry players to shift towards the use of recycled plastic owing to demand of the product in the market. Moreover, the presence of the largest manufacturer of recycled PET (China) is anticipated to make the Asia Pacific market more competitive during the review period. European market is also anticipated to show significant growth during the forecast period. The presence of strict regulation in this region is the major factor attributing to the growth of this market. For instance, according to the European Union (EU) waste regulation plan, the member states are given a target to recycle 50% of their municipal waste and 70% of their construction waste by 2020.

 

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Competitive Landscape:

The proficient players operating in the global plastic recycling market has adopted various organic and inorganic growth strategies to enhance their presence in the global market. For instance, in 13th June 2018, Veolia entered into a partnership with Plastic Odyssey to design the first vessel powered by recycling plastic waste. A prototype was launched in France and the construction of this vessel is announced to be operation from 2019. Some of the major players operating in the global Plastic Recycling Market market are Plasgran Limited, Ultrepet,Llc, Veolia, Kw Plastics, Custom Polymers, Inc, and Green-O-Tech India among others.

 

Global Waste To Energy Market – Projections, Growth & Forecast To 2025

 

Waste to Energy is a process of generating energy through the treatment of waste materials from various sources such as municipal waste, medical waste, agricultural waste and others. Waste to energy process helps in generation of electricity, heat and fuel commodity such as methanol, methane, ethanol and other forms of synthetic fuels. The growing government participation in the recycling of these commodities are projected to be one of the vital factors leading the market growth. However, the lack of awareness about waste to energy processes is one of the major downside to the growth of the global waste to energy market size. According to insights and reports analysis, the global Waste to Energy Market size is expected to grow at CAGR of over 5.5% during the review period.

 

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Waste to Energy Market: Thermal conversion technology is expected to exhibit significant growth during the forecast period

The growing need for waste disposable across the globe coupled with the need for preservation of fossil fuels are considered to be some of the major factors positively contributing to the growth of the global waste to energy market during the review period. Moreover, the rising inclination towards renewable sources for generation of electricity along with the presence of stringent regulations in Europe such as the Kyoto Protocol is also projected to generate substantial revenue during the review period.

On the basis of technology, thermal conversion is projected to generate the highest gains during the forecast period. Thermal conversion mainly incineration is widely used across the globe owing to the ease of processability and operation. Moreover, the biochemical conversion technology is expected to exhibit a propelling CAGR during the forecast period. The growing use of biochemical processes in the developing region owing to the significant presence of livestock manure is attributing to the growth of the segment.

 

Regional Acumens:

On the basis of region, the global Waste to Energy Market Share can be segregated into North America, Europe, Asia pacific, Latin America, Middle East and Africa. According to insights and reports analysis, the Asia Pacific market of Waste to Energy Market Size is projected to exhibit burgeoning growth during the given period. The rising population in the region has compelled the industry players to shift towards renewable energy to reduce the dependency on crude imports which is projected to substantially add to the growth of the waste to energy market in this region. Moreover, the presence of the largest municipal waste generators such as India and China are further expected to make the Asia pacific market more competitive during the forecast period.

 

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European Market Size is also anticipated to show significant growth during the forecast period. The presence of strict regulation in the region is the major factor attributing to this growth. For instance, according to the European Union (EU) waste regulation plan, the member states are given a target to recycle 65% of their municipal waste and 75% of their construction waste by 2030.

 

Competitive Landscape:

The proficient players operating in the global Waste to Energy Market share has adopted various organic and inorganic growth strategies to enhance their presence in the global market. For instance, REMONDIS SE & Co. KG in September 2018 announced the start of the construction of a USD 400 million waste to energy incineration plant at Queensland, Australia. Some of the major players operating in the global Waste to Energy Market are REMONDIS SE & Co. KG, Suez Environment SA, Waste Management, Inc., Covanta Energy Corporation, Constructions industrielles de la Méditerranée (CNIM), and C&G Environmental Protection Holdings among others.

DC To DC Convertors In Solar Energy Market- Global Industry Insights, Trends And Forecast -2017 - 2025

With the growing alarms for environment and increasing demand for energy, the demand for some alternate energy sources such as fuel cells, hydropower, solar power, wind energy, etc. The demand for the solar energy is rising globally due to increasing focus to control global warming emissions, and to lower the dependence on conventional energy sources such as coal and fossil fuels. The solar energy systems, otherwise photovoltaic (PV) power generation systems had took a distinct place owing to inexhaustible nature, availability, lower cost of maintenance etc. However, the power generated by the photovoltaic system is unpredictable due to cell temperature variations, coupled with the amount of solar irradiation exposed. In order to determine the variations, DC to DC convertors with maximum power point tracker are being used along with PV panels.

The market is anticipated to gain traction over the time period, owing to rising use of renewable energy over the conventional energy sources including natural gas, fossil fuel and coal, etc. According to the International Energy Agency’s (IEA) report in 2017, solar energy will be the dominant source compared to other renewable sources such as hydro and wind by the end of 2022. Thus, creating a major scope for the growth of DC to DC convertors in solar energy market.

 

Market dynamics

The market is highly driven by continuous rise of the global solar energy production. Due to the increasing focus on renewable energy sources, many companies operating in the solar energy segment have started installing new power plants to increase the

total production and also to reduce the use of non-renewable energy. According to World Energy Council, the installed capacity of solar powered plants at global level reached at 227GW at the end of 2015. Moreover, the demand for DC to DC convertors is increasing, as they play a key role in the integration between PV systems and storage systems. This will escalate the product demand, and acts as an additional factor for the market growth.

The major restraining factor to the dc to dc convertors in solar energy market is the efficiency losses occurred during the product operation at higher frequencies. This will result in frequent power losses, rise in demand of board space and limited power output.

 

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Market Segmentation: By Product Type

On the basis of product type, the market has been segmented into isolated and non-isolated. Isolated DC to DC convertors is sub segmented into single output and multiple output. Non-isolated DC to DC convertors market is expected to have a prime share of the global market over the forecast period, owing to its capabilities to meet higher voltages, coupled with the delivery of high power output. Therefore, the adoption of non-isolated dc to dc convertors anticipated to rise in the coming decade in the market due to its non-saturation property pertaining to core transformer that maintains the efficiency of the system.

The non-isolated/point of load DC to DC convertors for solar energy market is anticipated to grow at higher CAGR over isolated convertors, owing to the rising requirements of non-portable applications by the Energy Star, a leading government organization for the certification of energy systems in the U.S.

 

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Regional Analysis

North America is anticipated to dominate the global market, majorly contributed by the U.S. market. As per National Renewable Energy Laboratory, in 2016, the electricity generated through solar energy system in the U.S. accounted for over 23.3 terawatt-hours. As the demand for solar energy in the North America is on the rise, the demand for DC to DC convertors is also predicted to grow proportionally over the estimated time period. This is majorly contributed by rising awareness towards the renewable energy generation, coupled to meet the set objectives by the U.S. government on solar energy systems. National Centre of Photovoltaics have set their objective to achieve large-scale solar power systems at low grid penetration by 2020, hence the use of dc to dc convertors is expected to grow over the projected period.

 

Key players

The leading players in the market are XP Power, Dyna Hitech Power System Ltd., Powertron Instruments, Texas Instruments, Murata and several others.

Liquid Silicone Rubber Market Business Overview, Growth and Forecast Research 2017-2025

 

Liquid silicone rubber are a platinum cured two part elastomer that are injected into molds for manufacturing of various parts which includes electronic potting, lighted panel buttons, dampers, noise reduction folds, dialysis filters, soft toys, and others. The liquid silicone rubber market is anticipated to grow due to its increasing application in various end-use industries from cosmetics and home appliances to aerospace, construction and medical devices, coupled with its vast range of operating temperatures from -65 to 150°C. The key functional properties such as bacteria resistance, chemical resistance, biocompatibility, high elongation, high tensile strength, superior dielectric strength, and others are attributed to boost the liquid silicone rubber market in the forecast period.

The liquid silicone rubber market is anticipated to propel due to its application in the manufacturing of automotive parts such as custom O-rings, lighted panel buttons, valves, soft touch components, spark plug boots, LED headlights, wiper blades bellows, protective caps, gaskets, and others. The liquid silicone rubber owing to its high tear strength, resistivity towards heat and cold, defoaming properties, weatherability, adhesiveness, and its dielectric properties is driving the liquid silicone rubber market with its addition in automotive manufacturing. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the global production of automotive accounts to 97.3 million units in 2017, with a growth of 2.36% globally. Thus, the ability to liquid silicone rubber to minimize waste, automated process, and saving energy in automotive is expected to boost the global liquid silicone rubber market in the forecast period (2018-2025).

 

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Liquid Silicone Rubber & Its Application in Medical Devices

 

The growth of liquid silicone rubber is majorly attributed to its application medical technology and devices, owing to its superior physical properties such as high operating temperatures, stability, heat resistivity, and its feature of not to turn brittle in cold conditions serves as a major benefit for its application in medical devices. The LSR are mainly used for the manufacturing various medical devices and surgical tools such as tracheal tube, oxygen mask, stoppers, rings, closures, liquid feeding bottles, catheters, saccules, dialysis filters, cushioning pads syringe stoppers, and others. According to the World Health Organization (WHO), in 2016, the medical devices market is accounted for US$ 237 billion which is anticipated to grow at a CAGR of 7.8% in the coming years. Thus, the application of liquid silicone rubber in medical devices is in turn anticipated to boost the liquid silicone rubber market in the forecast period. Selection of medical grade liquid silicone rubber over other materials such as latex which causes allergies to 12 to 17% of healthcare workers, according to Food and Drugs Association (FDA), is attributed to propel the liquid silicone rubber market. The use of LSR in medical devices provides a better economies of scale above other materials as they are have super hygienic quality, non-allergenic to skin, and flexibility which makes sure of the comfort in usage of the equipment and devices. Furthermore, all the grades of liquid silicone rubber (LSR) are available commercially in the market which are biocompatible and precisely approved and developed medical application and implants adhering to the regulations by Food and Drugs Administration. Owing to these factors the liquid silicone rubber market is anticipated to propel in the forecast period.

 

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Regional Acumens:

The liquid silicone rubber market is anticipated to be dominated by North America and Asia Pacific being the fastest growing region for the market. The market in North America is expected to dominate owing to its healthcare industry coupled with its increasing demand for disposable medical implants, equipment, and devices are propelling the regional market growth for liquid silicone rubber. According to the World Health Organization (WHO), in 2016, 17% of the population in the United States are aged above 65 which is coupled with the increase in medical attention, which in turn is expected to positively influence the liquid silicone market in North America during in the forecast period. In Asia Pacific, due to low production cost major companies such as Dow Chemicals, Momentive Performance Materials Inc., and others expanding their research & development centers along with manufacturing plants, is in turn expected to boost the liquid silicone rubber market in the forecast period.

 

Market Players:

 

The liquid silicone rubber market is anticipated to grow as various major companies lining up towards innovations in liquid silicone rubber by their various products. For instance, Wacker Chemie AG, a global chemical company, developed ELASTOSIL, which are applicable to all the end-use industries such as automotive, electronics, textiles, baby articles, domestic appliances, toys, and others. Major players for liquid silicone rubber market include Shin-Etsu Chemical Co., The Dow Chemical Company, Momentive Performance Materials Inc., KCC Corporation, Wacker Chemie AG, and Zhejiang Xinan Chemical Industrial Group among others.

Waste Recycling Management Market Share, Size Analysis Report 2025

The waste recycling management is an activity that includes garbage collection, transportation, treatment and dumping of the waste under the guidelines of the local or national authorities. According to the World Bank, in 2012 solid waste generated by the cities worldwide accounted for 1.3 billion tons. In addition, the estimates by the World Bank anticipates that the municipal waste generation would rise to 2.2 billion tons by 2025, which would result in significant impact to the waste recycling management market size.

Growing Initiatives

Several local authorities are taking initiatives to handle the trash and promoting to bring the trash for recycling at a global level. For instance, ‘Don’t bin it, bring it’ campaign is run by the local authorities in England. Similarly, Zero Waste Scotland is another initiative to promote recycling. These campaigns would spot a light on recycling of waste and would play a significant growth factor in the waste recycling management market size.

No landfill initiative is on a rise at global level. This initiative facilitates to avoid the disposal of waste in open grounds, and focusing on recycling waste to energy. For instance, Subaru in the U.S. has adopted the policy of zero land fill thereby, becoming America’s first automaker company who recycle all waste and then reuse it.

 

IoT garbage monitoring system / smart bins

Internet of things garbage monitoring system is technology driven bins that facilitates the easy handling of the municipal waste. The technology is helping to cut down time and fuel cost by tracking the waste level collected in the bin on frequent basis. The bins are connected to the apps or sensors that alerts about the bins to the near municipal office through automatic email generations. Moreover, this technology helps in identifying the waste type and helps in discarding accordingly. The waste type comprises of electronics waste, plastic waste and wet waste among others. The adopting nations includes India, the U.K.and the U.S. among others. For instance, the U.S. based company Bigbelly offers the smart waste and recycling solutions for the public places. Bigbelly’s smart bins are connected to cloud and web-based platforms that provides real time insights from the bin. These are equipped with sensors and are solar powered. It is smarter way to manage and crush the garbage that makes bin spacious to fill more trash. These IoT bins are the key driver of waste recycling management market size.

 

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Ban on importation of trash

China, the world’s largest importer of the recyclable trash has developed a policy on January, 2018 to ban the imports 24 types of solid wastes including unsorted paper products, recycled textile products and polyethylene terephthalate among others. The country is also actively suspending the license of recycling companies on temporary basis owing to reduce the level of trash pollution in the nation. However, the policy institutes the acceptance of 0.5% of the contaminated scrap in the trash trade. Therefore, such restrictions has largely affected the waste recycling management market.

 

Market Segmentation: By Waste Type

The waste recycling management market share is bifurcated into municipal waste and industrial waste. It is anticipated that the municipal waste would predominant in the market over the forecast period, attributed to the excessive waste generation by households at global level. According to the organization for economic co-operation and development, the estimated generation of household waste in 2016 was 673,200 thousand tons (including economies that are member of OECD), which includes both hazardous and non-hazardous waste. The estimation is expected to rise substantially over the projected period, therefore, anticipated to provide significant share in the waste recycling management market.

 

Market Segmentation: By End use Industry

On the basis of end use, the waste recycling management market share is segmented into automotive, chemical, Agriculture & Forestry, Textile, Power & Energy, Construction. Automotive industry is anticipated to have major share in the waste recycling management market. According to the Automotive Recyclers Association in collaboration with Institute of Scrap Recycling Industries, Inc, it has been estimated that the industry collects and reuses about 24 million gallons of motor oil, over 100 million gallons gasoline and diesel fuel, 4.5 million gallons of windshield washer fluid, 8 million gallons of engine coolant, and 96% of all lead acid battery annually in the U.S. The industry recycles and uses steel at the rate of approximately 18 million tons every year from end of life vehicles (ELV). Thus, contributing a substantial share in the waste recycling management market.

 

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Regional Analysis

Asia Pacific market is anticipated to be fastest growing region over the forecast in the waste recycling management market share. Despite the declined contribution from Chinese economy owing to ban on foreign trash, the established economies such as the U.S. and the U.K. and other European Union nations are seeking for the new dumping grounds in the Asia Pacific region. For instance, Thailand is becoming traction for dumping e-waste for recycling from the economies including Singapore, Japan, Hong Kong and several others. Such factors are further expected to drive the market in this region.

 

Competitive Landscape

The prominent players in the waste recycling management market includes both technology and service providers. Service providers companies includes Henkel Corporations, Biffa groups, Amec Foster Wheeler, Excel Energy and Sims Metal Management and several others. On the other hand, technology provider companies comprises of Bigbelly, Green Conversion Systems, Green Eco Technologies among others.

Silicone Coatings Market-Global Industry Insights, Trends, & Forecast (2017 - 2025)

Silicones are primarily used in coating industry for enhancing the preservative and protective characteristics.  The resin or binders or polymers as additives are used in the production of silicone coatings, that are used for paint and coatings to improve aging of the paint.  With silicone coatings, the manufacturers across construction and automotive industries can attain desirable scratch, and chemical resistance for their products.

Silicone coatings act as the protective layer for construction and protect the building from corrosion, damage, and wetness because of changing climate conditions. With the increasing use of silicone coatings products in waterproofing, the application is a key factor anticipated to foster the demand of silicone coating market in the coming years.

 

Market Dynamics

The silicone coating market is witnessing growth at a substantial rate over the coming years due to the advancements in manufacturing capabilities that are anticipated to increase advanced offerings for the industrial sector. Manufacturing industries are using various types of high-performance equipment such as hydroelectric power, drilling machines and other that operates at severe temperatures. For instance, silicone coatings are primarily being used in the manufacturing industry to provide improved anti-corrosive, thermal, and electromechanical properties that enable companies to retain the density of a product with better performance.

The silicone coating is widely adopted in defense electronics equipment because of its high electrical & thermal resistance with significant strength and protection from corrosion, moisture, dust, and water. Countries are spending towards electronics, arms, and defense-related equipment to reinforce the defense operations. For instance, in 2016, the U.S. defense budget was USD 611 billion and accounted for 36% of the global defense spending.  Thus, with the rise in global defense spending is further anticipated to foster the demand for silicone coating during the forecast period.

 

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By Product Type

On the basis of product, the silicone coating market is categorized as silicone additives, water repellents, silicone polymers, 100% silicone, and others. Among which, 100% silicone is dominating the market owing to various characteristics such as lightweight, clarity for transparency, electromechanical resistance, and high tensile strength,  used in high heat applications such as wood stoves, exhaust stacks, barbeque grills, and furnaces. Moreover, it is also being used in food contact release coatings, and as for as abrasion resistant.

 

By Application

On the basis of application, the silicone coating market is categorized as construction, consumer goods, transportation, and others. Among which, the consumer goods is dominating the market owing to its improved gloss retention property which uses in coating the jewelry and other household appliances. Additionally, construction is a major application segment of silicone coating which is expected to grow at the highest CAGR over the coming years. Infrastructure development and focusing on green buildings with VOC regulations have further created demand for environment-friendly coatings across the globe.

 

Regional Insights

North America is dominating the silicone coating market followed by Asia-Pacific and others, owing to the rise in adoption of silicone coating in automotive and industrial applications. The silicone coating has various characteristics such as resistance from heat, electricity, dust, moisture, weather, and enhanced hydrophobicity, due to which it is widely being adopted across industries. Additionally, availability of low-cost labor and raw materials with high demand in the end-use industries in the Asia Pacific region are driving the demand of silicone coating market.

 

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In Europe, the silicone coating market is witnessing growth due to the stringent environmental regulations such as Euro 6, ASTM standards, German Renewable Energy Act (EEG), Federal Standards, green building code, and Weatherization Assistance Program (WAP), which is being adopted in the automotive industry. Thus, with the inclination towards environmental protection regulations, the silicone coating market is witnessing growth over the coming years.

 

Competitive Landscape

The key players operating in the silicone coating market include Shin - Etsu Chemical Co., Ltd., the Dow Chemical Company, Momentive Performance Materials Inc., Wacker Chemie AG, and others.  The strategy adopted by major players to stay competitive in the market includes new product launches, mergers & acquisitions, and strategic alliances. For instance, in 2017, The Dow Chemical Company has launched a new product conformal silicone coatings for delivering the protection of printed circuit boards beside dust, moisture, harsh chemicals, extreme cycling, and vibration.