Organic Bedding Market to Partake Significant Development During 2019 to 2025

 Organic Bedding Market Growth & Trends

The global organic bedding market size is expected to reach USD 1.1 billion by 2025, expanding at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The significant market growth is attributed to increasing demand for high-end bedding products impacted by the growing inclination towards luxurious lifestyles among consumers. Moreover, growing awareness about the importance of sleep and its impact on health is encouraging consumers to invest in quality products especially mattresses and bed linens, thereby contributing to the growth of the market.

Organic cotton bedding has been gaining acceptance among consumers owing to multiple factors such as natural durability as they are biodegradable. In addition, such beddings are produced through sustainable methods to attain higher quality and hypoallergenic state due to the lack of chemical additives. The increasing influx of new players in this category is expected to result in greater visibility and credibility of these products, thereby propelling market growth over the forecast period. For instance, one of the new entrants in this category is King Koil, with the aim to promote a healthy lifestyle has introduced the Natural Response EcoHybrid collection that offers mattresses produced from natural and eco-friendly materials. The top line is constructed with certified organic components.

Among various types of bedding products, bed linen was estimated to dominate, thereby accounting for a share of more than 33.7% of the global market in 2018. Growing preference for sustainable and eco-friendly products to enhance sleep experience, bed linens such as sheets, pillow, bed covers, and duvet covers are witnessing significant demand among consumers. Bed linen products are largely associated with healthy sleep, which in turn contributes to improved brain health, learning, and stabilizing mental health symptoms. Thereby, the market is anticipated to witness the dominance of the product category with higher projected growth in the forecast period. Moreover, organic sheets with cooling attributes have popularized the acceptance of these products. These sheets are produced with low thread count such that fabric is more breathable with adding natural fibers such as bamboo. Thus, new product developments are expected to witness the growth of the product in the forecast period.

The global market is highly competitive in nature. Top players operating in the market are Good Night Naturals, Parachute Home, The Natural Sleep Store, COYUCHI, L.L.Bean, Boll and Branch, The Company Store, Magnolia Organics, WJ Southard, and The Organic Mattress. Market players are adopting product development strategies to increase product lines. Moreover, companies are focusing on expanding their production capacity and are adopting innovative technologies owing to meet consumer demand for organic bedding. For instance, in March 2019, Mitre Corporation introduced a new eco-friendly line of products under The Eco Collection, such as bed linen, towels, duvets, pillows, and robes produced from 100% organic cotton with GOTS (Global Organic Textile Standard) certification. Also, in January 2019, Parachute Home launched an organic and eco-friendly mattress with its direct-to-consumer approach across the U.S.

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Organic Bedding Market Report Highlights

• The global market is expected to exhibit a CAGR of 5.1% from 2019 to 2025 and is anticipated to reach a value of USD 1.1 billion by 2025
• The Asia Pacific is estimated to be the fastest-growing market accounting for a share of more than 35% by 2025, driven majorly by high demand and product launches in India and China. APAC market is expected to exhibit a CAGR of 5.5% over the forecast period
• The bed linens segment is expected to register the fastest CAGR of 5.5% over the forecast period, thereby accounting for a share of about 35% by 2025.

Organic Bedding Market Segmentation

Grand View Research has segmented the global organic bedding market on the basis of type and region:

Organic Bedding Type Outlook (Revenue, USD Million, 2015 - 2025)

• Mattress
• Bed Linen
• Pillows
• Blankets
• Others

Organic Bedding Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • The U.S.
• Europe
  • The U.K.
  • Germany
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fish Hunting Equipment Market Significant Profits Estimated to be Generated by 2027

 The global fish hunting equipment market size is anticipated to reach USD 20.75 billion by 2027, expanding at a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Rising preference for recreational outdoor sports owing to growing trend of travel and leisure is boosting the growth of the market. In addition, sport fishing serves as the most prominent outdoor activity in the U.S. after jogging. This is eventually helping in increasing awareness regarding activities like fish hunting, thereby ramping up the sales of the fish hunting equipment over the forecast period.

Increasing popularity of fishing as the second-most popular outdoor activity in America, after running, jogging, and trail running is fueling the growth of the market. According to Outdoor Recreation Participation Topline Report, in the U.S., 31.5 million adults who were 25 and older participated in fishing in the year 2016. Moreover, increased spending on fishing equipment and accessories as a result of rising number of participants is ramping up the sales of such products. According to American Sportfishing Association (ASA), 22 out of 30 tackle categories have observed spending increases in the past decade, with the highest increase at 45% in 2018. In addition, spending on hard-bait increased at 8.5%, while soft-bait witnessed a spending increase of 0.4% in 2018.

Rising prominence of various fly fishing spots in Asia Pacific is increasing the number of anglers in countries, such as Japan and Australia. Moreover, major cities such as Tokyo and Osaka have found space for urban fishing, which is a reminder of how influential the activity is. This scenario is projected to boost the sales of fishing accessories and equipment, including fish hunting equipment, in the forecast period.

In terms of product, fishing reels held a dominant share in the market in 2019. This product comprises three basic styles, such as casting reel, spinning reel, and fly fishing reel. Substantial contribution of women to the fishing industry is offering growth opportunity for the product segment. Offline distribution channel dominated the market for fish hunting equipment and held the largest share of 87.6% in 2019. Preference for offline shopping is increasing among anglers as it offers hands-on experience of the product.

North America dominated the fish hunting equipment market in 2019. The number of anglers in the U.S. outnumber the population of every U.S. state, which is a key factor driving the demand for fish hunting equipment in the region. Moreover, anglers spend more on fishing gear and trips as compared to their spending on Valentine’s Day, Easter, and Halloween, according to a report by the American Sportfishing Association.

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Further key findings from the study suggest:

• By product, fishing reels led the market in 2019 and accounted for a share of more than 28.2%. Baits & lures are expected to expand at a CAGR of 4.7% from 2020 to 2027
• Offline channel held the largest share in 2019 owing to increasing preference for offline shopping among anglers
• Europe is expected to register a revenue-based CAGR of 4.6% from 2020 to 2027
• Top players operating in the fish hunting equipment market include Van Staal, Globeride, Inc., Sensas, Maver UK Ltd., PRADCO Outdoor Brands, Inc., Eagle Claw, Costa Del Mar, Inc., Pure Fishing, Inc. and Newell Brands.

Grand View Research has segmented the global fish hunting equipment market by product, distribution channel, and region:

Fish Hunting Equipment Product Outlook (Revenue, USD Million, 2016 - 2027)

• Fishing Rods
• Fishing Reels
• Baits & Lures
• Others

Fish Hunting Equipment Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

• Offline
• Online

Fish Hunting Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Premium Cosmetics Market Forecasted to Grow at Steady Pace During 2019-2025

 The global premium cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding ingredients in beauty products and their effects on the body coupled with increasing demand for wellness beauty products is driving the market. Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for market growth. Also, the growing influence of brands on social media is creating more awareness among consumers. This in turn is creating demand for premium cosmetics.

Rising consumer preference for premium cosmetics, owing to a willingness to spend more on beauty products, especially across emerging countries, is expected to drive the market growth. The consumer preference for imported and branded cosmetics is majorly driven by brand name, product safety, and price. A rise in women's workforce and financial independence is expected to positively influence the market growth in the forthcoming years.

The trend of personalization is also supporting the demand for premium cosmetics among consumers. For instance, Face Gym, a European company, in 2017 launched the Make it Bar, where consumers can visit the studio and create their own face serums, suitable for their individual needs and lifestyle, with help from professionals.

The makeup segment of the premium cosmetics market is estimated to witness the fastest growth over the forecast period. The availability of waterproof and sweat-proof products manufactured especially for hot and humid climatic conditions is also boosting the demand. Skincare is estimated to be the largest segment over the forecast period, owing to the wide application for skincare. Consumers prefer facial creams, sunscreens, and body lotions to reduce acne scars, freckles, age spots, and discoloration, among other skin issues.

To boost the shopping experience and consumer interaction, premium cosmetic companies are upgrading their stores with advanced technologies. Along with on-hand assistance from beauty advisers, the companies are using Virtual Reality (VR) and Augmented Reality (AR) for better customer service. For instance, L’Oréal installed interactive displays in its Shanghai, Wuhan, and Changsha boutiques called as Magic Mirrors. The adoption of such technology also reduces the usage of sample products.

The market is oligopolistic in nature with the companies implementing various business strategies such as mergers and acquisitions to diversify the product portfolio and to expand their geographical presence. For instance, in 2018, L’Oréal acquired Stylenanda, a makeup and fashion brand focused on millennials in South Korea and China, to extend its business in Hong Kong, Singapore, Malaysia, and Thailand. L’Oréal also acquired Pulp Riot, an American brand operating in the professional hair color segment with a strong influence on social media.

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https://www.grandviewresearch.com/industry-analysis/premium-cosmetics-market

Further key findings from the report suggest:

• Asia Pacific is estimated to be the largest and fastest-growing market for premium cosmetics, majorly driven by high demand from China and Japan
• Offline is estimated to be the largest distribution channel in the forthcoming years, owing to technological advancements such as VR interaction and AR makeup trials in stores
• The online segment is projected to register the fastest CAGR of 9.4% over the forecast period, owing to the presence of multi-brand e-retailers and companies' direct-to-consumer strategy
• Some of the key players operating in the premium cosmetics market include Coty; Estée Lauder; L’Oréal; LVMH; Shiseido; Chanel; Dior beauty; Elizabeth Arden Inc.; KAO Corporation; and The Procter & Gamble Company (P&G).

Grand View Research has segmented the global premium cosmetics market on the basis of products, distribution channel, and region:

Premium Cosmetics Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Skincare
• Haircare
• Makeup
• Fragrance
• Others

Premium Cosmetics Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Online
• Offline

Premium Cosmetics Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • Italy
• Asia Pacific
  • China
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Prenatal Vitamin Supplements Market Trends and Growth Factors Details for Business Development

 Prenatal Vitamin Supplements Market Growth & Trends

The prenatal vitamin supplement market size is expected to reach USD 673.8 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.6% over the forecast period. Prenatal vitamin supplements comprises vitamins, calcium, iron, folic acid, and other minerals as compared to regular adult multivitamins. Rising awareness among pregnant women is one of the major factors driving the market. Improper nutrition to the baby, rise in other birth defects, and increasing awareness regarding the advantages of the prenatal supplements are some of the other factors driving the market.

The stressful and sedentary lifestyle of pregnant women has led to the increase in deficiency of minerals and vitamins among them. A healthy diet and consumption of right amount of nutritional components are of utmost importance right from the time of conception, in order to ensure the delivery of a healthy baby. At present, almost all obstetricians in U.S. recommend these supplements to pregnant women. A study by the UC Davis MIND Institute has claimed that the women who were observed not taking daily prenatal immediately before and during the first month of pregnancy were likely to have a child with an autism spectrum disorder, which is twice the rate as that of women who consumed the supplements.

The capsules segment held the largest market share in 2018. This is attributed to doctors’ preference for prescribing capsules due to their long shelf life, thereby fueling the demand for capsules. Moreover, advancements in technologies ease out procedures of filling capsules, thus making it a preference among the manufacturers as well. Increasing launch of prenatal vitamin capsules is another factor for the growth of the capsule segment. Increasing disposable income in the developing countries of Asia Pacific is resulting in consumer’s preference for bulk purchases at the supermarkets.

North America held the largest share of 53.1% in 2018. High level of sedentary lifestyle among the women of western countries is leading to the growth of market. Europe is anticipated to witness significant growth in the coming years. Countries such as India and China have remained adamant in developing a healthy mechanism for maternal care.

Key players having a strong presence in the global market include Country Life LLC; Garden of Life Inc.; MegaFood; Biotics Research Corporation; Rainbow Light Nutritional Systems Inc.; Church & Dwight Co. Inc.; New Chapter, Inc.; and Abbott Nutrition.

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Prenatal Vitamin Supplements Market Report Highlights

• By product form, capsules dominated the market with a revenue of USD 200.0 million in 2018. Gummy is projected to ascend at a CAGR of 8.8% over the forecast period
• North America dominated the global market in 2018, accounting for 53.1% share of the overall revenue. This trend is projected to continue over the next few years
• The industry is highly competitive in nature with the major players including Garden of Life and Church & Dwight Co. Inc.
• Various manufacturers are focusing on new product launches, capacity expansion, and product portfolio extension to estimate existing and future demand patterns from upcoming application segments.

Prenatal Vitamin Supplements Market Segmentation

Grand View Research has segmented the global prenatal vitamin supplements market on the basis of product form, distribution channel, and region:

Prenatal Vitamin Supplements Product Form Outlook (Revenue, USD Million, 2015 - 2025)

• Capsules
• Powder
• Gummy

Prenatal Vitamin Supplements Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Supermarket & Drug Store
• Online Platform

Prenatal Vitamin Supplements Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • UK.
  • France
• Asia Pacific
  • China
  • India
• Central and South America
  • Brazil
• Middle East and Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Ethylene Vinyl Acetate Copolymer Market Competitive Insight and Key Drivers 2020 to 2027: Grand View Research Inc.

 Ethylene Vinyl Acetate Copolymer Market Growth & Trends

The global ethylene vinyl acetate copolymer market size is anticipated to reach USD 10.7 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 3.8% over the forecast period. Rising healthcare issue, which requires prosthetics, and growing concern among consumers and various automobile manufacturing companies regarding vehicle efficiency and favorable government regulations regarding the use of lightweight durable components in automotive, medical & healthcare, and consumer goods end-use industries is expected to drive the market over the forecast period.

The demand for ethylene vinyl acetate (EVA) copolymer is expected to increase majorly in the consumer goods end-use industry owing to the rise in demand for smart devices and electrical devices. In addition, the demand for smart household electronic devices, such as solar panels, alarms, and buggers, which require lightweight & thermal conductive components has increased sharply in recent years. This trend is expected to propel the market growth over the forecast period.

Asia Pacific EVA copolymer market is anticipated to witness the fastest growth over the coming years owing to various factors, such as the government initiatives like Make in India, rising number of manufacturers of consumer goods & electronic components and medical & healthcare products, and rising R&D investments by private and public organizations for developing new applications of EVA copolymer. In addition, various medical & healthcare product manufacturing companies are planning to establish manufacturing facilities in India post COVID-19 pandemic situation.

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Ethylene Vinyl Acetate Copolymer Market Report Highlights

• The global EVA copolymer market was valued at USD 7.9 billion in 2019 and is estimated to expand at a CAGR of 3.8% from 2020 to 2027
• Consumer goods end-use industry segment is expected to witness the highest CAGR of 4.2%, in terms of revenue, over the forecast period
• This growth is attributed to the rising demand for high-quality electronics components & products, consumer goods, and kitchen appliances
• The Automotive segment accounted for over 30% of the overall revenue share in 2019 due to increased demand for lightweight durable metal replacement components to reduce the overall weight and enhance the efficiency of vehicles
• Asia Pacific accounted for the largest revenue share of over 44% in 2019. India, in particular, will have the maximum growth with a CAGR of 6.8% from 2020 to 2027

Ethylene Vinyl Acetate Copolymer Market Segmentation

Grand View Research has segmented the global ethylene vinyl acetate copolymer market on the basis of type, application, end-use industry, and region:

EVA Copolymer Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Vinyl Acetate Modified Polyethylene
• Thermoplastic Ethylene-Vinyl Acetate
• Ethylene Vinyl Acetate Rubber

EVA Copolymer Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Film
• Foam
• Hot Melt Adhesives
• Photovoltaic Cells
• Others

EVA Copolymer End-use Industry Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Automotive
• Packaging
• Medical & Healthcare
• Consumer Goods
• Others

EVA Copolymer Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Southeast Asia
  • Malaysia
  • Indonesia
  • Thailand
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Ethylene Vinyl Acetate (EVA) Copolymer Market

• Exxon Mobil Corp.
• Dow Inc.
• LyondellBasell Industries Holdings B.V.
• Eastman Chemical Company
• Arkema
• Celanese Corp.
• Total
• LG Chem
• Braskem
• Dairen Chemical Corp.
• Lotte Chemical Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Metal Cutting Machine Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Metal Cutting Machine Market Growth & Trends

The global metal cutting machine market size is expected to reach USD 9.74 billion by 2027, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.9% during the forecast period. Rising demand from various application industries for cutting components with high precision and edge quality are expected to drive the market growth.

Advancements in manufacturing processes and growing demand for the latest technologies are likely to drive the market growth. Moreover, rising demand for advanced metal cutting machines that offer increased performance and throughput coupled with the ability to cut thicker cutting ranges improved parts edge quality, and high cutting speeds are likely to drive the market growth.

Factors including widening skills gap coupled with limited skilled workers and increasing focus of application industries on automation to improve the production performance and efficiencies are likely to drive the demand for NC and CNC metal cutting machines that offer flexibility, thereby driving the overall market growth.

The outbreak of the COVID-19 pandemic, is, however, expected to have a negative impact on the manufacturing sector in several countries owing to the lockdown restrictions. This, in turn, is likely to hinder the growth of the market for metal cutting machines in 2020, which is anticipated to have a cascading effect on overall growth during the forecast period.

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Metal Cutting Machine Market Report Highlights

• The laser cutting machine product segment accounted for a revenue share of 61.6% in 2019 on account of the ability of the product to cut a wide range of ferrous and non-ferrous metals with high-quality and precision
• The demand in the aerospace and defense application segment is anticipated to expand at a CAGR of 6.1% from 2020 to 2027 owing to rising military budgets and passenger traffic which is likely to boost the production of defense and commercial aircrafts
• The metal cutting machine demand in Europe accounted for a revenue share of 24.6% in 2019, on account of robust automotive and manufacturing sectors coupled with a surge in industrial automation, and growing technological innovations
• The demand for metal cutting machine in South Korea is expected to witness a CAGR of 6.0% owing to the growing demand from automotive, marine, and electronics & electrical application industries
• In April 2020, TRUMPF launched the TruLaser Tube 3000 fiber, a laser tube cutting machine that offers a cost-effective option for medium to low capacity utilization and covers wide range applications including round tubes, flat steel bars, and profiles

Metal Cutting Machine Market Segmentation

Grand View Research has segmented the global metal cutting machine market on the basis of product, application, and region:

Metal Cutting Machine Product Outlook (Revenue, USD Million, 2016 - 2027)

• Laser Cutting Machine
• Waterjet Cutting Machine
• Plasma Cutting Machine
• Flame Cutting Machine

Metal Cutting Machine Application Outlook (Revenue, USD Million, 2016 - 2027)

• Automobile
• Aerospace & Defense
• Construction
• Marine
• Electronics & Electrical
• Others

Metal Cutting Machine Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • The U.K.
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• The Middle East & Africa
  • Israel
  • South Africa

List of Key Players of Metal Cutting Machine Market

• TRUMPF
• AMADA Co., Ltd.
• Colfax Corporation
• Bystronic Laser AG
• WARDJet
• Koike Aronson, Inc.
• Nissan Tanaka Corporation
• Lincoln Electric Holdings, Inc.
• Water Jet Sweden AB
• Flow International Corporation
• Coherent Inc.
• Messer Cutting Systems.
• Omax Corporation
• Boye Laser Applied Technology Co.,Ltd.
• Han’s Laser Technology Industry Group Co., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

3D Printing Plastics Market is Projected To Register a CAGR of 23.7% from 2020 to 2027: Grand View Research Inc.

 

3D Printing Plastics Market Report Growth & Trends

The global 3D printing plastics market size is expected to reach USD 2.83 billion by 2027, according to a new study by Grand View Research, Inc. The market is projected to register a substantial CAGR of 23.7% during the forecast period, due to rising demand from various end-use industries such as medical, automotive, aerospace and defense, and consumer goods. Properties such as clarity in the image, high durability, high impact resistance, excellent UV and temperature resistant, sliding friction, high chemical resistance, rigidity, and dimensional stability, among others are significantly fueling the demand of 3D printing plastics in these end-use industries across the globe.

3D printed products assist significantly in attaining economies of scale through the consumption of lesser lead time, reduced costs, and mitigated risks. 3D plastics also allow easier customization as per the consumer needs. Thus, attracting favorable government regulations across various end-use industries such as automotive, medical, and consumer goods. Asia Pacific is anticipated to progress at a CAGR of 27.1% over the forecast period. The medical end-use segment in the region is expected to witness substantial growth on account of increasing the application of 3D plastics in prototyping, custom orthodontic implants, prosthetics, medical instruments, and others.

Moreover, rising demand for high-quality medical instruments and components from hospitals in major economies, such as China, India, and Singapore, are anticipated to create lucrative opportunities in the medical industry. Furthermore, the recent outbreak of COVID-19 in countries such as India, China, Australia, Japan, and Malaysia are creating a huge demand for 3D printing plastics especially in a face shield, 3D printed masks, and filter cover application. Thus, the rising positive cases in the region are projected to significantly drive market growth.

The consumer goods industry is emerging as a significant end-user of 3D plastic products on account of reduced lead time offered by additive manufacturing techniques. Innovative additive manufacturing solutions enable the production of designer parts with complex geometries. Thus, facilitating the manufacturers to cater to rising consumer needs for personalized parts.

Photopolymers is anticipated to progress at a substantial growth rate over the forecast period. Massive demand for photopolymers is attributed to high consumption in the production of industrial prototypes through the utilization of SLA technology. Polyamide/ nylon is anticipated to witness the fastest CAGR during the forecast period on account of rising demand from both domestic as well as commercial applications. The demand for polyamide/ nylon is majorly contributed by laser sintering technology.

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3D Printing Plastics Market Report Highlights

• North America dominated the overall 3D printing plastics market, while Asia Pacific is expected to expand at the fastest CAGR of 27.1% in terms of revenue over the forecast period. Favorable government policies in the Asia Pacific region, particularly in China and India, are likely to drive the growth
• Photopolymers was estimated to be the largest type segment in the global market in 2019 and is anticipated to continue dominating over the forecast period. Photopolymers are used extensively across several application industries as it acts as a binder, additive, colorant, plasticizer, and as a chemical agent in the 3D printed product
• In May 2019, Materialise collaborated with Essentium, HP, and Nikon to enhance connectivity and productivity in manufacturing operations of additives. This collaboration was announced during 3D printing and additive manufacturing event 2019 RAPID+TCT Conference and will help the adoption of 3D printed products in industrial manufacturers

3D Printing Plastics Market Segmentation

Grand View Research has segmented the global 3D printing plastics market on the basis of type, form, end-user, and region:

3D Printing Plastics Type Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Photopolymers
• ABS & ASA
• Polyamide/Nylon
• Polylactic Acid
• Others

3D Printing Plastics Form Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Filament
• Ink
• Powder

3D Printing Plastics End-user Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Automotive
• Medical
  • Prosthetics & Implants
  • Surgical Instruments
  • Others
• Aerospace & Defense
• Consumer Goods

3D Printing Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • The U.K.
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• The Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of 3D Printing Plastics Market

• 3D Systems Corporation
• Arkema Inc.
• Envisiontec Inc.
• SABIC
• Materialse nv
• HP INC.
• Eos GmbH Electro Optical Systems
• PolyOne Corporation
• Royal DSM N.V.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Thin Film Battery Market Hit at a CAGR of 35.5% in terms of Revenues from 2020 to 2027: Grand View Research Inc.

 

Thin Film Battery Market Growth & Trends

The global thin film battery market size is projected to reach USD 5.2 billion by 2027, expanding at a CAGR of 35.52%, according to a new report by Grand View Research, Inc. Growing demand from applications, such as medical tracking and smartwatches, is likely to boost the market growth. Thin-film battery has high demand owing to its small size and low weight. Moreover, it does not contain harmful chemicals and is resistant to explosion and fire. Furthermore, growing product demand to provide power for small form-factor devices is a major driving factor for the market growth in the medical and wearables applications.

Therefore, key players in the market are focusing on technological advancements and to increase service quality and efficiency. With customers being more tech-savvy, the demand for such electronic devices is expected to increase over the forecast years. Increasing usage of devices, such as fitness bands and smartwatches, is making the demand and supply for thin-film batteries even more proper. These factors are expected to boost the growth of the market in the forecast period.

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Thin Film Battery Market Report Highlights

• Rechargeable batteries is estimated to emerge as the fastest-growing segment over the forecast period owing to the use of these products in wearable devices like smartwatches
• Below 1.5V voltage, the segment accounted for the largest revenue share in 2019 owing to high usage of 1.5V batteries in low-power applications like medical patches, micro-sensors, and toys
• Wearables was the largest application segment in 2019 owing to increased demand for these devices in developed as well as in developing countries
• North America led the global market in 2019 accounting for the highest revenue share. This growth was attributed to increased demand for smart cards from various end-use segments coupled with increased adoption of thin-film batteries for medical application
• Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to a large consumer base in countries, such as India, China, Japan, and Australia, coupled with a rise in demand for wearable devices in the region

Thin Film Battery Market Segmentation

Grand View Research has segmented the global thin film battery market on the basis of battery type, voltage, application, and region:

Thin Film Battery Type Outlook (Revenue, USD Million, 2016 - 2027)

• Disposable
• Rechargeable

Thin Film Battery Voltage Outlook (Revenue, USD Million, 2016 - 2027)

• Below 1.5V
• 5V to 3V
• Above 3V

Thin Film Battery Application Outlook (Revenue, USD Million, 2016 - 2027)

• Wearable Devices
• Medical
• Consumer Electronics
• Smart Cards
• Others

Thin Film Battery Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America
  • The U.S.
• Europe
  • Germany
  • The U.K.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
• The Middle East & Africa

List of Key Players of Thin Film Battery Market

• Blue Spark Technologies
• BrightVolt
• Enfucell
• STMicroelectronics
• LG Chem
• SAMSUNG SDI Co. Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Solid Oxide Fuel Cells Market to Register Steadfast CAGR of 30.0% in Terms of Value Over Forecast Period: Grand View Research Inc.

 

Solid Oxide Fuel Cell Market Growth & Trends

The global solid oxide fuel cell market size is expected to reach USD 3.3 billion by 2027 registering a CAGR of 30.0%, according to a new report by Grand View Research, Inc. The increasing pressure across the countries to decrease carbon emissions while supporting energy safety is a factor favoring the growth of the solid oxide fuel cell (SOFC) market. Furthermore, SOFC has an impressive efficiency ranging between 40 and 60%.

The availability of government funding and collaborations between the companies has paved the way for advancement in technology for the SOFC market. These supportive efforts have resulted in reducing the manufacturing costs of SOFC systems by a substantial amount. Furthermore, the ongoing development is expected to make SOFC more affordable, thereby augmenting the market growth in the forecast period.

Favorable policies and regulations along with plans for implementation of fuel cell systems in the field of power generation by some of the major countries around the world have resulted in market growth. In addition, the availability of subsidies and incentives for SOFC installation is likely to support product adoption in some key markets.

However, the presence of alternative fuel cell technologies in the form of PEMFC, PAFC, MCFC, and AFC hinders market growth. Moreover, high costs of SOFC systems as compared to PEMFC may affect the product demand in various applications, thereby limiting the market growth.

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Solid Oxide Fuel Cell Market Report Highlights

• Stationary application emerged as the largest segment in 2019 owing to increased product adoption for utilization for micro-CHP systems and for large stationary power generation for residential and commercial sectors.
• Transportation application is expected to emerge as the fastest-growing segment in the forecast period owing to product utilization in fuel cell vehicles as range extenders and for marine applications
• North America accounted for a significant market share in the past owing to the presence of key companies, such as Bloom Energy, which has installed various large-scale SOFC-based power generation projects in the region
• Europe is estimated to grow at a significant CAGR over the forecast period owing to the presence of supportive policies and incentives for fuel cell installation for residential and commercial sectors in the region
• Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period owing to the implementation of Ene farm program in Japan coupled with favorable policies for fuel cell in South Korea

Solid Oxide Fuel Cell Market Segmentation

Grand View Research has segmented the global solid oxide fuel cell market on the basis of application and region:

SOFC Application Outlook (Volume, Thousand Units; Capacity, kW; Revenue, USD Million, 2016 - 2027)

• Stationary
• Transportation
• Portable

SOFC Regional Outlook (Volume, Thousand Units; Capacity, kW; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
• Europe
  • Germany
  • France
  • The U.K.
• Asia Pacific
  • Japan
  • South Korea
  • China
• Rest of World

List of Key Players of Solid Oxide Fuel Cell (SOFC) Market

• Bloom Energy
• Mitsubishi Heavy Industries, Ltd.
• Ceres Power Holdings plc
• Aisin Seiki Co., Ltd.
• Ensol Systems
• Sunfire GmbH

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fish Protein Hydrolysate Market To Reap Over USD 361.5 Million In Revenues By End Of 2027

 Fish Protein Hydrolysate Market Growth & Trends

The global fish protein hydrolysate market size is projected to reach USD 361.5 million by 2027 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The demand for Fish Protein Hydrolysate (FPH) is projected to be driven by the growing consumption of chemical-free and nutrient-rich food products among consumers across the globe. On account of the presence of vitamin A & D and minerals, the product is utilized as an ingredient in various food applications.

It is also used in the manufacturing of animal feed products and as a binding and gelling agent in pet food products, including fishmeal. Since FPH is a rich source of micronutrients and fatty acids, it provides several health benefits, such as boosting the metabolic system and aiding in the development of healthier skin and bones in animals.

Furthermore, rising preference for good-quality liquid and solid packaged pet food products over the traditional home-cooked foods is estimated to support the market growth. The rapid incorporation of dried/powdered hydrolyzed fish protein in various cat foods, as a result of the product’s economical nature, taste refining characteristics, and easy availability is anticipated to spur the market growth over the next few years.

On the basis of source, anchovy-based protein hydrolysate led the global market and is projected to record a CAGR of 5.1%, in terms of revenue, from 2020 to 2027. Anchovy protein hydrolysate consists of vital amino acids, including proline, tryptophan, lysine, and tyrosine. When incorporated with functional food products, these amino acids help in boosting the basic metabolic system and enhance cognitive performance in human beings.

Asia Pacific is expected to witness the fastest CAGR over the forecast years on account of the rising consumption of animal-rich protein sources. Changing lifestyles and rapid urbanization are affecting consumer consumption patterns. In addition, the growing scope of application for powdered FPH in cosmetics, such as hair masks, face creams, and face serums are projected to positively influence the market demand over the next few years.

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Fish Protein Hydrolysate Market Report Highlights

• The powder-based FPH segment is projected to account for the highest revenue share by 2027. Various factors, such as low operating costs, ease of storage and transportation, and longer shelf life than a liquid solution, are projected to augment the demand for powdered FPH
• Anchovy source segment accounted for the largest revenue share of over 32% in 2019. Anchovy constitutes various endogenous chemicals, including chymotrypsin, trypsin, and cathepsin, which help in the hydrolyzation of proteins
• Growing demand for the anchovy protein hydrolysate in skincare products, on account of the product’s ability to defend scleroprotein and nourish the skin, is likely to fuel the segment growth
• Europe is expected to witness steady growth on account of the rising preference for natural and organic pharmaceutical and cosmetic products. In addition, strong FPH manufacturing base and increased focus of companies on R&D activities are projected to drive the regional market
• Companies are investing in marketing and advertising activities to gain brand recognition and to diversify their product portfolio
• For instance, manufactures, such as Bio-marine Ingredients Ireland Ltd. and Hofseth BioCare, are advertising on blogs and other social media platforms in an attempt to highlight the distinguished benefits of FPHs

Fish Protein Hydrolysate Market Segmentation

Grand View Research has segmented the global fish protein hydrolysate market on the basis of technology, form, source, application, and region:

FPH Technology Outlook (Volume, Tons, Revenue, USD Thousand, 2016 - 2027)

• Acid Hydrolysis
• Autolytic Hydrolysis
• Enzymatic Hydrolysis

FPH Form Outlook (Volume, Tons, Revenue, USD Thousand, 2016 - 2027)

• Liquid
• Powder

FPH Source Outlook (Volume, Tons, Revenue, USD Thousand, 2016 - 2027)

• Anchovy
• Herrings
• Menhaden
• Sardine
• Shads
• Others

FPH Application Outlook (Volume, Tons, Revenue, USD Thousand, 2016 - 2027)

• Food
• Pharmaceuticals
• Animal Feed & Pet Food
• Cosmetics
• Others

FPH Regional Outlook (Volume, Tons, Revenue, USD Thousand, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Spain
  • Italy
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Chile
  • Peru
• Middle East & Africa
  • UAE

List of Key Players of Fish Protein Hydrolysate Market

• Sopropeche
• Diana Group
• Copalis Sea Solutions
• Scanbio
• Bio-marine Ingredients Ireland Ltd.
• United Fisheries
• Shenzhen Taier
• New Alliance Dye Chem Pvt. Ltd.
• Neptune's Harvest
• Alaska Protein Recovery, LLC
• Great Pacific BioProducts Ltd.
• BrownsFish Genesis
• Dramm Corp.
• S. Ag Florida, Inc.
• Sampi
• Marutham Bio Ages Innovations (p) Ltd.
• Hofseth BioCare
• Janatha Fish Meal & Oil Products

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Soft Magnetic Materials Market Industry Analysis , Opportunity Assessment And Forecast Till 2027

 Soft Magnetic Materials Market Growth & Trends

The global soft magnetic material market size is anticipated to reach USD 26.12 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a revenue-based CAGR of 3.9% from 2020 to 2027. The rapid expansion in electricity grids and power distribution is anticipated to boost the demand in the market.

The demand for soft magnetic materials is driven by the phenomenal character of getting magnetized and demagnetized with ease. This characteristic is quite essential in electrical and electronic circuits as the magnetic energy is converted back to electrical energy easily before being reintroduced in the circuit. This is not possible in case of hard or permanent magnetic materials, as their magnetization and demagnetization require a large amount of energy. As a result, soft magnetic materials find applications in motors, transformers, generators, and others.

Motors held the largest volume share of the market in 2019. Soft magnetic materials are used in motors where they enhance the field produced by motor windings and channel the flux in permanent magnet motors. Electric motors have ample applications in machine tools, pumps, power tools, turbines, ships, mills, vehicles, home appliances, HVAC equipment, and medical equipment, among others. The use of motors in various industries is boosting its demand.

Electric vehicles are a prominent end-use segment of motors. The growing production of electric vehicles owing to environmental concerns related to conventional vehicles and government initiatives is anticipated to positively influence the demand for motors. Due to the growing demand, manufacturers are compelled to expand their motor production capacities.

For example, in February 2020, Nidec announced its intention to invest a sum of ¥200 billion (USD 1.8 billion) in EV powertrains rush. The investment of the company shall be split into three new plants in China, Poland, and Mexico. Together the three facilities are expected to produce 8.4 electric motors annually.

Electrical steel or silicon steel is the most prominent type of soft magnetic material and is used in transformers, motors, and generators. Owing to its high silicon content, it helps increase electrical resistivity thus, reducing eddy current losses. Grain-oriented silicon steel is preferred in transformers because of its orientation, which helps minimize magnetic losses.

Electrical steel has high demand in its end-use segments, which has propelled its production. For example, in January 2019, U. S. Steel Košice announced about building a new non-grain oriented electrical steel line in Kosice worth an investment of USD 130 million and an annual production capacity of 100 kilotons. The plant was expected to be operational by the fourth quarter of 2020. However, on account of the outbreak of COVID-19 virus across the world, the U.S. Steel Corporation had to take certain actions in order to preserve long-term growth, under which the above-mentioned investment remains delayed, as of March 2020.

Asia Pacific held the largest share of the market in 2019 and this trend shall continue over the forecast period, owing to increasing emphasis on power distribution, electric vehicle production, and growth in consumer goods and medical equipment in developing economies. Countries such as India have huge potential for investment as the electricity demand in the country is expected to reach over 15,000 TWh by 2040. The gradual shift towards renewable energy sources is another driving factor for the power sector, thus, a positive sign for market growth.

The competitive scenario of the market is high with the presence of various players, who are engaged in developing strategies in order to gain a competitive edge in the market. For example, in July 2019, Carpenter Technology announced that it shall help provide soft magnetic alloys for electric aircraft engine demonstrators. The company had made an investment of USD 100 million in a precision strip mill for expanding its soft magnetic capabilities for catering to the aerospace and other industries.

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Soft Magnetic Materials Market Report Highlights

• Middle East & Africa expected to register the fastest growth rate of 5.0% in terms of revenue over the forecast period, owing to the huge potential for the power sector to flourish in the region
• Asia Pacific constituted a volume share of over 46.0% in 2019 of the global market, which is attributable to the increasing manufacturing activities in terms of automotive, medical equipment, consumer goods, and infrastructure in developing economies of the region
• Motors is anticipated to witness the fastest growth rate of 4.1% in terms of revenue across the forecast period, considering its wide range of applications which is accelerating in electric vehicles and power distribution sectors
• Ferrites held a revenue share of over 12.0% in 2019 of the global market owing to their high cost than electrical steel
• The market growth is sluggish as of 2020 owing to the covid-19 pandemic, which has disrupted the manufacturing sector, where demand for soft magnetic materials exists. However, the demand in the healthcare sector persists, owing to increasing patients and their rising need for medical equipment such as ventilators.

Soft Magnetic Materials Market Segmentation

Grand View Research has segmented the global soft magnetic materials market report on the basis of application, product, and region:

Soft Magnetic Materials Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Motors
• Transformers
• Alternators
• Others

Soft Magnetic Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Electrical Steel
• Ferrite
• Permalloys
• Others

Soft Magnetic Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • Turkey
• Asia Pacific
  • China
  • Japan
  • South Korea
• Central & South America
  • Brazil
• The Middle East & Africa

List of Key Players of Soft Magnetic Materials Market

• Arnold Magnetic Technologies
• GKN Sinter Metals Engineering GmbH
• Hitachi Metals Group
• JFE Steel Group
• Mahindra CIE
• MATE CO., LTD
• Meyer Sintermetall AG
• Sintered Specialties, LLC
• Steward Advanced Materials LLC
• VACUUMSCHMELZE GmbH & Co. KG

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Dunnage Packaging Market Trends Regulations And Competitive Landscape Outlook to 2027

 Dunnage Packaging Market Growth & Trends

The global dunnage packaging market size is projected to reach USD 4.8 billion by 2027 registering a CAGR of 6.1%, according to a new report by Grand View Research, Inc. Dunnage packaging is extensively used in end-user industries, such as aerospace, food & beverage, consumer durables. These industries implement a custom dunnage solution to modify the shape of the product/s packed, which not only safeguards the packed product but also helps in saving and optimizing the cargo space.

This type of packaging is predominantly used in automotive applications on account of the rising demand for eco-friendly and 360° product safety. Herein, corrugated paper- and foam-based packaging assist in preserving lightweight packaging while lowering the transportation and handling costs, and maintaining the structural integrity of automotive components.

On the basis of raw material, the corrugated plastic segment led the global market in 2019 and is projected to expand further at the fastest CAGR of 7.1% from 2020 to 2027. This can be attributed to the rising demand for the material as it is lightweight, highly durable, eco-friendly, and inexpensive. Corrugated plastic is extensively used in the electronics industry as the material can be molded into different sizes and shapes.

Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast years on account of rising product demand from the electronics, aerospace, and automotive end-use industries. Furthermore, rapid urbanization in countries, such as China, India, and Australia, has led to the increased consumption of FMCG, automotive, and consumer durable goods, which require dunnage packaging. This, in turn, will help boost the market growth.

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Dunnage Packaging Market Report Highlights

• In terms of revenue, the foam raw material segment is projected to ascend at a CAGR of 6.8% over the forecast period
• Foam packaging solution offers Class A surface protection, cushioning support, and vibration & shock protection, which, in turn, is projected to augment the demand for foam-based dunnage solutions
• The electronics application segment is estimated to register the fastest CAGR from 2020 to 2027
• Growing demand for thermoplastics, fabric, and foams-based dunnage solutions to pack distinguished electronic components, on account of the product’s ability to impart anti-static, conductive, or static dissipative properties, is likely to fuel the segment growth
• Asia Pacific is expected to witness the fastest growth during the forecast period due to rising sales and consumption of automotive vehicles
• In June 2020, Reusable Transport Packaging published a first-of-its-kind all-inclusive analysis of the Reusable Transport Packaging (RTP) industry, named- the 2020 State of the Reusable Packaging Industry Report
• On account of the growing interest in sustainability in transportation & logistics packaging, the company attempts to help manufacturers and service providers to grasp a holistic view of eco-friendly processes, packages, products, and distribution practices

Dunnage Packaging Market Segmentation

Grand View Research has segmented the global dunnage packaging market on the basis of raw material, application, and region:

Dunnage Packaging Raw Material Outlook (Revenue, USD Million, 2016 - 2027)

• Corrugated Plastic
• Moulded Plastic
• Aluminium
• Steel
• Fabric
• Corrugated Paper
• Wood
• Foams
• Others

Dunnage Packaging Application Outlook (Revenue, USD Million, 2016 - 2027)

• Automotive
• Aerospace
• Electronics
• Food & Beverage
• Consumer Durables
• Healthcare
• Others

Dunnage Packaging Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • The Netherlands
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE

List of Key Players of Dunnage Packaging Market

• ORBIS Corporation (Menasha Corporation)
• Corplex (DS Smith)
• NEFAB GROUP
• UFP Technologies, Inc.
• Reusable Transport Packaging
• Amatech Inc.
• MJSolpac Ltd.
• Ckdpack
• GWP Group
• Interior Packaging Design, LLC
• Packaging Corporation of America
• Dunnage Engineering
• Salco Engineering and Manufacturing Co., Inc.
• Package Design & Mfg
• KEENER Corporation
• JIDA Industrial Solutions
• Artisanz Fabrication and Machine, LLC
• Schoeller Allibert

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Dietary Fibers Market Expected to Deliver Dynamic Progression Until 2027

 Dietary Fibers Market Growth & Trends

The global dietary fibers market size is projected to reach USD 78.9 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc. The rising prevalence of health diseases, including obesity, diabetes, and digestive problems has resulted in the increasing demand for insoluble dietary fibers in food & beverage products, which is likely to augment the overall market growth.

Owing to various lifestyle problems stemming from an imbalanced diet, the importance of nutrition-rich products, such as foods and beverages rich in vitamins, fibers, omega fatty acids, and proteins, has increased. This is projected to offer growth opportunities for the market players over the coming years. Furthermore, fiber-fortified beverage and food products are becoming popular among consumers of distinguished age groups across the globe.

Key players, such as The Quaker Oats Company, KIND, and Purely Elizabeth, are adding insoluble and soluble dietary fibers in their food products, including cereals, processed juices, ice creams, energy bars, and yogurts. These factors, along with the rising functional food industry, are projected to augment the market growth over the forecast period.

Dietary fibers are majorly used in the food & beverage application segment, which is projected to register the fastest CAGR of 9.3%, in terms of revenue, from 2020 to 2027. The rising demand for powdered cellulose and cellulose gum & gel in the manufacturing of various products, such as spice mix, powdered beverage mixes, sauces, and frozen desserts, is likely to drive the market over the upcoming years.

Asia Pacific is anticipated to exhibit the fastest CAGR from 2020 to 2027 on account of the growing demand for fiber supplements and a rise in demand for the product in animal feed and pharmaceutical applications. In addition, increasing innovations in dietary fiber-based supplements to provide new flavors and combinations, including cranberry lemon drizzle and cinnamon oatmeal raisin, are expected to boost the market growth over the forecast period.

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Dietary Fibers Market Report Highlights

• In terms of revenue, fruits & vegetables is estimated to be the fastest-growing raw material segment over the forecast period
• Rising awareness regarding the importance of consumption of fruits & vegetables in the daily diet is likely to augment the growth of this segment over the upcoming years
• Soluble fibertype segment led the market in 2019 and accounted for more than 56% of the global volume share
• Rising awareness about the health benefits of consuming soluble dietary fiber-rich foods, such as reduced risks of asthma, heart diseases, and cancer, is projected to spur the segment growth
• North America is expected to witness a steady growth owing to ascending demand for functional foods and beverages from the U.S., Canada, and Mexico
• In addition, rising consumer awareness regarding the significance of fibrous foods, including whole grain, wheat bran, maize, and rice, is likely to support market growth in the region over the next few years
• In March 2020, BENEO GmbH announced the capacity expansion of its Chile-based chicory root manufacturing facility by the year 2022. The company invested over USD 55.5 million to cater to the rising demand for BENEO’s oligofructose and inulin, obtained from chicory root fibers, from food & beverage manufacturers across the globe

Dietary Fibers Market Segmentation

Grand View Research has segmented the global dietary fibers market on the basis of raw material, product, application, and region:

Dietary Fibers Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Fruits & Vegetables
• Cereals & Grains
• Legumes
• Nuts & Seeds

Dietary Fibers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Soluble Dietary Fibers
  • Inulin
  • Pectin
  • Beta-Glucan
  • Corn Fibers
  • Others
• Insoluble Dietary Fibers
  • Cellulose
  • Hemicellulose
  • Chitin & Chitosan
  • Lignin
  • Oat Bran
  • Wheat Fiber
  • Others

Dietary Fibers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

Dietary Fibers Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • South Africa

List of Key Players of Dietary Fibers Market

• BENEO
• ADM
• Lonza
• Cargill, Incorporated
• DuPont
• Ingredion Incorporated
• Roquette Frères
• Puris
• Emsland Group
• Kerry Inc.
• The Green Labs LLC
• Nexira
• Tate & Lyle
• Farbest Brands
• RETTENMAIER & SÖHNE GmbH + Co KG
• Taiyo International
• AGT Food and Ingredients
• Batory Foods

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Airless Packaging Market to Expand with Significant CAGR During 2020 – 2027: Grand View Research Inc.

 Airless Packaging Market Growth & Trends

The global airless packaging market size is expected to reach USD 8.1 billion by 2027, according to a new report by Grand View Research, Inc., expanding a CAGR of 6.0% over the forecast period. Growing demand for premium cosmetics and increasing demand for airless packaging and industrial products are key factors augmenting the market growth. Premium cosmetic products contain active ingredients in their formulations and often get contaminated when exposed to oxygen; thus, to protect the integrity of the packed products, cosmetic manufacturers mainly opt for airless packaging solutions.

Furthermore, as premium cosmetic products are considerably expensive, consumers prefer using completely natural products. Thus, to enable easy, hassle-free, and complete product evacuation, cosmetic manufacturers opt for airless tubes, bottles, jars as they ensure nearly 95% product evacuation from airless containers. Most of the dermal drugs are offered in semisolid formulations, such as lotions, creams, ointments, gels, pastes, or foams, and plastic and metal tubes are often preferred for their packaging owing to their low cost and compact size.

However, non-airless packaging provides limited protection against air and light resulting in evaporation and degradation of the packed product. Therefore, dermal drug manufacturers are increasingly opting for airless packaging, which restricts the contamination of dermal formulation from environmental exposure. Declining demand for luxurious products due to changing income patterns is expected to negatively impact the market growth in 2020 since the packaging mostly utilized for premium cosmetics.

Furthermore, to curb the price of the product, personal care manufacturers are expected to opt for low-cost packaging in place of airless packaging over a shorter term, which, in turn, is likely to have a negative impact on the market. The plastic was the leading material type and accounted for over 63.26% of the total market revenue in 2019. Various types of plastic resins, including PE, PET, ABS, PMMA, and SAN, are widely utilized for manufacturing plastic-based airless bottles, jars, and tubes.

The demand for plastic is high as these materials are lightweight, easy to mold, and cost-effective compared to other materials. The market players are also increasing focus on sustainable production owing to the increasing demand for sustainable packaging solutions in recent years. This demand is also fueled by the increasing implementation of regulations regarding the processing & recycling of raw materials, particularly plastic.

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Airless Packaging Market Report Highlights

• The plastic segment accounted for the largest market share of 63.26%, in terms of revenue, in 2019, owing to high demand as these materials are lightweight, easy to mold, and cost-effective
• The bags & pouches product type is anticipated to register the fastest CAGR of 6.6% from 2020 to 2027. Increasing demand for flexible, portable, and pocket-friendly products is the key factor contributing to the segment growth
• The pharmaceutical application segment is expected to witness substantial growth from 2020 to 2027. The growth can be attributed to growing awareness about skin diseases and rapid development and approval of dermal drugs by regulatory bodies, such as the FDA
• Europe emerged as the leading regional market and accounted for over 34% of the total revenue share in 2019
• The growth is attributed to the presence of key global cosmetics and dermatological drugs manufacturers, such as L’Oréal, Beiersdorf, Chanel, Unilever, and LVMH, in the region
• The market is moderately fragmented with the presence of key players and a smaller number of medium-scale companies
• The market players adopt various competitive strategies, such as regional expansion, mergers & acquisitions, and emphasis on research & development activities

Airless Packaging Market Segmentation

Grand View Research has segmented the global airless packaging market on the basis of material, product, application, and region:

Airless Packaging Material Outlook (Revenue, USD Million, 2016 - 2027)

• Glass
• Plastic
• Metal

Airless Packaging Product Outlook (Revenue, USD Million, 2016 - 2027)

• Bottles & Jars
• Bags & Pouches
• Tubes

Airless Packaging Application Outlook (Revenue, USD Million, 2016 - 2027)

• Personal Care & Homecare
• Pharmaceutical
• Pet care
• Others

Airless Packaging Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Thailand
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players of Airless Packaging Market

• AptarGroup, Inc.
• Silgan Holdings Inc.
• Quadpack
• ALBEA S.A.
• HCP Packaging

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Iron Ore Pellets Market Set to Record Exponential Growth by 2027

 Iron Ore Pellets Market Growth & Trends

The global iron ore pellets market size is expected to reach USD 63.52 billion by 2027, expanding at a CAGR of 3.7% from 2020 to 2027, according to a new report by Grand View Research, Inc. The product demand is predicted to be largely driven by rising steel production in Asia Pacific.

Iron ore pellets are an important source for steel manufacturing. Rapid industrialization and urbanization in emerging economies of Asia Pacific since the past few years have stimulated the production of steel. This has caused a surge in demand for iron ore pellets in the region.

The product is mainly used in captive form by large integrated steel producers. However, there is ample potential for seaborne trade of the product as cross country trade is expected to rise over the coming years owing to rising demand from Asia Pacific and Middle East and Africa.

China dominates the market owing to huge steel production capacity in the country. However, emerging economies such as India, Vietnam, Myanmar, Philippines, and Indonesia are expected to witness significant growth as these countries are posing a significant challenge to the Chinese steel producers owing to their comparatively lower labor costs and supportive government policies.

Major players in the industry include multinational companies such as Vale, Rio Tinto, and BHP Billiton. Rio Tinto surpassed Vale as the leading global supplier of iron ore as well as its pellets in the first quarter of the year 2020 as Vale witnessed a sharp decline in iron ore output due to a deadly dam burst owned by Vale in 2019.

Request a free sample copy or view report summary: Iron Ore Pellets Market Report

Iron Ore Pellets Market Report Highlights

• Asia Pacific acquired the largest volume share of 52.3% in 2019. This can be attributed to a large steel production base in China
• By product, direct reduced pellet is anticipated to exhibit the fastest CAGR of 3.8% from 2020 to 2027 in terms of revenue owing to rising penetration of direct reduction production method
• Based on trade, the captive segment dominated the market with a volume share of 70.8% in 2019 owing to a large number of integrated steel plants across the globe
• Middle East and Africa is expected to expand at a significant CAGR of 3.1% from 2020 to 2027 in terms of revenue owing to several economic diversification programs implemented by Middle Eastern and North African countries
• The global market is highly competitive with Vale and Rio Tinto leading in terms of production capacity and market share.

Iron Ore Pellets Market Segmentation

Grand View Research has segmented the global iron ore pellets market report on the basis of product, trade, and region:

Iron Ore Pellets Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Blast Furnace (BF) Iron Ore Pellet
• Direct Reduced (DR) Iron Ore Pellet

Iron Ore Pellets Trade Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Captive
• Seaborne

Iron Ore Pellets Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • Iran

List of Key Players of Iron Ore Pellets Market

• Vale
• Rio Tinto
• Cleveland-Cliffs
• BHP Billiton
• US Steel
• Fortescue Metals
• ArcelorMittal
• Bahrain Steel
• LKAB
• NMDC Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.