North America Rainscreen Cladding Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

 North America Rainscreen Cladding Market Growth & Trends

The North America rainscreen cladding market size is expected to reach USD 54.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2020 to 2028. Increasing demand for enhanced moisture management and energy-efficient solutions for commercial buildings are expected to drive the market.

The market growth can also be attributed to the shift in the trend toward protecting exterior walls and the growth in the construction of non-residential buildings, which include offices and institutions. Moreover, the growing demand for single-family and multi-family housing units coupled with increasing trends for energy-saving structures are expected to support the market in the projected time.

Ceramic and composite material panels are widely used in the rainscreen cladding industry. Composite materials are gaining high growth owing to the factors such as high durability, lightweight, and low cost. Insulation materials are used to provide thermal insulation to the building. Also, the materials provide the moisture control system in the rainscreen cladding structure.

Technological development in the assembly and installation processes by prominent players set a benchmark and heighten the competitive scenario by making it difficult for other players to penetrate the market. However, many players are unable to provide solutions for complex building designs, especially in cases when the manufacturing of cladding is tricky.

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North America Rainscreen Cladding Market Report Highlights

• The metal segment is expected to witness a revenue-based CAGR of 7.2% from 2020 to 2028, owing to the products’ superior fire resistance property and durability
• The office construction application segment dominated the market and accounted for the largest revenue share of 31.3% in 2020. The segment is anticipated to ascend at a CAGR of 6.6% in the projected time
• The U.S. accounted for the largest revenue share of 78.8% in 2020 owing to a wide demand for rainscreen products in office construction and commercial buildings across the country
• The COVID-19 outbreak in Mexico impacted the manufacturing and construction operations in 2020. Moreover, low construction spending in the country has slightly impacted product demand

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North America Rainscreen Cladding Market Segmentation

Grand View Research has segmented the North America rainscreen cladding market on the basis of material, application, and country:

North America Rainscreen Cladding Raw Material Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• Fiber Cement
• Composite Materials
• Metal
• High Pressure Laminates
• Terracotta
• Ceramics
• Others

North America Rainscreen Cladding Application Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• Residential
• Commercial
• Office
• Institutional
• Industrial

North America Rainscreen Cladding Country Outlook (Volume, Thousand Square Meter; Revenue, USD Million, 2017 - 2028)

• US.
• Canada
• Mexico

List of Key Players of North America Rainscreen Cladding Market

• Trespa International B.V.
• Cladding Corp
• Kingspan Group
• Rockwool International A/S
• Rieger Architectural Products
• OmniMax International, Inc.
• TERREAL Group
• SFS Group
• James Hardie Building Products
• DuPont de Nemours, Inc.

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.

Aluminum Foil Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Aluminum Foil Market  Growth & Trends

The global aluminum foil market size is expected to reach USD 38.40 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2021 to 2028. Demand from the food industry for packaging applications is likely to benefit the market growth over the coming years.

Steady growth in food commodities, a large volume of agricultural production, and incessant food demand fueled by increasing incomes are some of the factors that are projected to push the growth of the food packaging sector globally. Aluminum foil has witnessed an increase in usage in the food and beverage packaging industry owing to various benefits such as flexibility, lightweight, hygiene, non-toxicity, recyclability, and the ability to keep the aroma of the foods intact.

Aluminum foil obstructs light, oxygen, bacteria, and moisture, which has led to its increasing demand in pharmaceutical and food packaging. Aluminum foil finds application in blister packs in the pharma industries. These packs are compact and portable, wherein products such as capsules and tablets are hygienically protected. This ensures the protection of capsules and tablets from the external environment while maintaining the effectiveness of these pharma products.

Industrial applications, mainly batteries, are likely to offer numerous growth opportunities for the market vendors over the coming years. The global demand for overall batteries is expected to increase to nearly 2600 GWh by 2030 from around 280 GWh in 2020, where electric mobility will account for a major share in the market.

LiB is anticipated to witness rapid growth in the overall battery market. For example, in July 2020, BMW Group announced a partnership with North volt and Umi core to build a plant for the production of LiB cells. Such initiatives are anticipated to augment the demand for aluminum foil in the automotive industry across the forecast period.

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Aluminum Foil Market Report Highlights

• By application, the wrapper foils segment held the second-largest revenue share in 2020. The demand for wrapper foils in households, restaurants, and other food supply chains is projected to keep up the momentum over the long term
• The blister packs application segment is anticipated to remain the fastest-growing segment over the forecast period. These packs are used to protect tablets and capsules in the pharma industry. The recent outbreak of COVID-19 has rapidly increased the usage of blister packs as the demand for various healthcare products has amplified rapidly
• In terms of end use, the packaging segment dominated the market in 2020 and is likely to maintain its position during the forecast period. The expansion of online food delivery platforms such as Meituan Waimai, Ubereats, Delivery Hero, Zomato, and Grubhub is projected to benefit the growth
• Asia Pacific is projected to remain the thefastest-growing regional market from 2021 to 2028. The emerging middle class and the rising population are benefiting the growth of the food and beverage and pharmaceutical industries, which is likely to assist in the market growth

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Aluminum Foil Market Segmentation

Grand View Research has segmented the global aluminum foil market on the basis of end use, application, and region:

Aluminum Foil End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Packaging
  • Food & Beverage
  • Tobacco
  • Pharmaceutical
  • Cosmetic
• Industrial

Aluminum Foil Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Wrapper Foils
• Container Foils
• Foil Lids
• Pouches
• Blister Packs
• Collapsible Tubes
• Others

Aluminum Foil Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • UK.
  • Russia
  • Turkey
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • Saudi Arabia
  • South Africa

List of Key Players of Aluminum Foil Market

• Hindalco Industries Limited
• Amcor Plc
• Zhejiang Junma Aluminum Industry
• Huawei Aluminium
• Eurofoil
• ACM Carcano
• Assan Aluminyum

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.

Pouches Market Key Players ,Industry Share ,Growth, And Forecast To 2028: Grand View Research Inc.

 Pouches Market Growth & Trends

The global pouches market size is expected to reach USD 55.88 billion by 2028, expanding at a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Rising demand for low-cost, convenient, shelf appealing, and lightweight packaging by end-use industries, including food and beverages, healthcare, personal care and cosmetics, and home care, is likely to fuel market growth.

Pouches demand lesser material, energy, and water during their manufacturing and thus prove to be significantly less expensive than rigid packaging solutions. In addition, lightweight and flexibility attribute for their lower transportation cost, due to which Consumer Products (CPG) companies are increasingly opting for pouches over rigid tubes, containers, and boxes.

Flat pouches occupy lesser space in retail outlets and can be easily stacked upon each other; thus, more products can be displayed as compared to other packaging types. Furthermore, standup pouches on retail shelves prove to be more appealing to the consumers, and the packaging format also has a higher surface area on which high-quality graphics are printed, owing to which the product type easily grabs customer attention in retail outlets as compared to bottles and boxes.

Various closures such as a zipper, spout, and tear notch are utilized in pouches, which provide convenience in pouch opening and closing. In addition, the product is usually made up of plastic composite films, paper, and aluminum laminates that provide a strong barrier against moisture, light, odor, and bacteria due to which food and beverages are increasingly offered in the packaging.

The increasing demand for packaged food and beverage products and growing on the go food consumption trend owing to the changing lifestyle is expected to augment growth to the market in the forecast period.

In addition, due to features including portability and lower product weight, pouches are the preferred packaging format for baby food products. The increasing working women population across the world is principally driving the demand for packaged baby food, which in turn is expected to benefit the market over the forecast period.

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Pouches Market Report Highlights

• The food and beverage end-use segment accounted for a share of 55.3% in terms of revenue in 2019, owing to its wide scale incorporation of the product for the packaging of dairy, snacks, sauces, confectionery, beverages, and other food products
• The aseptic treatment type segment is anticipated to witness a CAGR of 6.4% from 2020 to 2027 and is projected to reach USD 10.6 billion in 2027. Aseptic treatment type ensures that the product is free from bacteria and eliminates the need for refrigeration and thus proves to be cost-efficient
• The stand-up type segment is expected to witness the highest CAGR of 6.3% from 2020 to 2027. Growing adoption of stand-up product type due to their marketing advantages and convenience of use are attributing to the growth of the segment
• In Asia Pacific, the market is estimated to witness a CAGR of 6.5% from 2020 to 2027 on account of rapid growing packaged food industry and rising penetration of organized retail
• The market is highly fragmented with the presence of a large number of domestic as well as global players. key players are adopting merger and acquisition strategies to expand their manufacturing capabilities and geographical footprints.

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Pouches Market Segmentation

Grand View Research has segmented the global pouches market on the basis of material, treatment type, product, end-use, closure type, and region:

Pouches Material Outlook (Revenue, USD Million, 2017 - 2028)

• Plastic
• Metal
• Paper
• Bioplastics

Pouches Treatment Type Outlook (Revenue, USD Million, 2017 - 2028)

• Standard
• Aseptic
• Retort
• Hot-fill

Pouches Product Outlook (Revenue, USD Million, 2017 - 2028)

• Flat
• Stand-up

Pouches End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Food & Beverages
• Healthcare
• Personal Care & Cosmetics
• Homecare
• Others

Pouches Closure Type Outlook (Revenue, USD Million, 2017 - 2028)

• Tear Notch
• Zipper
• Spout

Pouches Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Pouches Market

• Amcor plc
• Mondi
• Sealed Air
• CONSTANTIA
• Coveris
• Goglio SpA
• ProAmpac
• GUALAPACK S.P.A
• Huhtamaki Group
• Smurfit Kappa

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.

Medical Supply Delivery Service Market Expected To Trigger A Revenue To USD 101.3 Billion By 2028: Grand View Research, Inc.

 Medical Supply Delivery Service Market Growth & Trends

The global medical supply delivery service market size is expected to reach USD 101.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.3% from 2021 to 2028. The growing need for ensuring quick, safe, and secure transportation of samples and specimens for testing, reducing logistics costs, and increasing focus on improving the healthcare system is increasing the demand for medical supply delivery services. The increasing incidence of road accidents owing to various factors leading to blood loss and immediate requirement for blood is boosting the market growth. Furthermore, the growing geriatric population, rising incidence of diabetes and hypertension, and the rising surgical procedures for organ transplants are driving the market growth.

The medical supplies application segment accounted for the largest revenue share in 2020 owing to the increasing incidence of chronic diseases, rise in the number of surgical procedures, growing geriatric population, and the increase in the prevalence of chronic diseases across the globe. The lab specimens and reports segment is expected to exhibit the fastest growth rate during the forecast period owing to the growing prevalence of COVID-19 and increasing demand for testing services to combat the disease spread. In addition, the segment is expected to witness an increase in the adoption of these services for the timely supply of time-sensitive samples to avoid contamination.

In 2020, the courier delivery mode of service segment held the largest revenue share due to the rise in demand for medical couriers for transporting confidential and time-sensitive health care items to the end-users. It will include prescription medications, paperwork, medical specimens, lab work, infusion medicine, equipment, and supplies. The drone delivery segment is anticipated to register the fastest growth rate during the forecast period. It is due to the increase in the adoption of drones for timely and contactless transportation of emergency supplies to urban and rural areas, where transportation is expected to be challenging.

The pharmacies end-user segment accounted for the largest revenue share in 2020 owing to the rising prevalence of chronic diseases, technological advancements, increasing demand for drugs and vaccines, and rising adoption of these services to support last-mile delivery of prescription-based and other medications. The patients segment is anticipated to be the fastest-growing segment during the forecast period owing to the increasing prevalence of chronic conditions and growing demand for at-home delivery to avoid in-person visits to pharmacies.

In 2020, Asia Pacific dominated the market. It can be attributed to the rise in the adoption of new technologies, the growing geriatric population, and the increasing demand for blood and blood components required for various procedures. Europe is expected to be the fastest-growing regional market during the forecast period owing to infrastructure investments, higher labor costs amidst workforce shortages, evolving care models, and advancements in warehousing facilities.

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Medical Supply Delivery Service Market Report Highlights

• The medical supplies application segment dominated the market in 2020 due to the increasing incidence of chronic diseases and the growing geriatric population undergoing various minor or major surgical procedures
• By mode of service, the courier delivery segment dominated the market in 2020 owing to the increasing adoption of these services for on-time transportation of time-sensitive healthcare items to reduce turnaround time and avoid contamination
• The pharmacies end-user segment dominated the market in 2020 owing to the rising geriatric population and increasing demand for drugs and vaccines amid the COVID-19 pandemic
• Asia Pacific dominated the market in 2020 owing to a large population and increasing technological advancements in the region

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Medical Supply Delivery Service Market Segmentation

Grand View Research, has segmented the global medical supply delivery service market based on application, mode of service, end-user, and region:

Medical Supply Delivery Service Application Outlook (Revenue, USD Million, 2016 - 2028)

• Medical Supplies
• Drug Supplies
• Emergency Services
• Lab Specimens & Reports

Medical Supply Delivery Service Mode Of Service Outlook (Revenue, USD Million, 2016 - 2028)

• Courier Delivery
• Drone Delivery

Medical Supply Delivery Service End-user Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics
• Laboratories
• Pharmacies
• Patients
• Others

Medical Supply Delivery Service Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Spain
  • France
  • Italy
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Medical Supply Delivery Service Market

• DHL International GmbH
• United Parcel Service of America, Inc.
• Agility
• ModivCare Solutions, LLC
• FedEx
• CEVA Logistics
• wingslogistics
• International SOS
• Matternet
• Zipline
• Flirtey
• Swoop Aero

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.

U.S. Vegetable Puree Market Major Key Players And Latest Trend Analysis Till 2028: Grand View Research Inc.

 U.S. Vegetable Puree Market Growth & Trends

The U.S. vegetable puree market size is expected to reach USD 9.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. The increasing preference for healthy and vegan food is expected to be a major factor contributing to the growth of the market. Today, consumers are more inclined toward food items that can easily be prepared and consumed.

Hectic work schedules are compelling people to opt for ready-to-eat (RTE) food products and products that are easy to cook and take the least amount of time to prepare. These consumer food preferences are propelling the demand for vegetable puree in the U.S. market.

Tomato puree held the largest revenue share of 44.1% in 2020. Excellent nutritional properties, coupled with the high antioxidant content, are propelling the demand for tomato puree. Moreover, it is one of the versatile products that is widely used in multiple cuisines as a key ingredient. These trends are anticipated to maintain the growth of the tomato puree segment in the U.S. market over the forecast period.

Bakery emerged as the second-largest application segment for vegetable puree in 2020. Customers are increasingly shifting toward healthy bakery options made with healthy ingredients, including vegetables. Key players in the bakery industry are launching vegetable- and fruit-packed bakery products in order to attract more health-conscious and eco-friendly customers.

For instance, in January 2021, Nature’s Bakery announced the launch of baked bars loaded with vegetables and fruits under the brand name Baked-Ins in the U.S. market. The bars are made from whole grains, oats, and fruits and vegetables like sweet potatoes, kale, carrots, and apples. Such products are opening new avenues for vegetable puree in the bakery segment. The U.S. market for vegetable puree is characterized by the presence of a few well-established players and several small- and medium-sized players.

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U.S. Vegetable Puree Market Report Highlights

• By product, the tomato puree segment held the largest revenue share of 44.1% in 2020 and is expected to maintain its lead over the forecast period. The widespread application of tomato puree in the preparation of sauces and dips for pizza, pasta, soups, stews, and other dishes is driving the segment
• The pumpkin puree product segment is projected to register the second-fastest CAGR in terms of revenue from 2021 to 2028. Pumpkin puree is one of the most versatile purees that can be incorporated into dishes, such as pancakes, oatmeal, muffins, pasta, cakes, snacks, pudding, and beverages
• The beverages application segment accounted for the largest revenue share of over 30.0% in 2020 owing to the rising demand for healthy drinks in the U.S. market
• The baby food application segment is expected to register the fastest revenue-based CAGR of 6.2% from 2021 to 2028. Baby nutrition is an important field that the food sector is particularly focusing on after the sudden outbreak of the pandemic

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U.S. Vegetable Puree Market Segmentation

Grand View Research has segmented the U.S. vegetable puree market on the basis of product and application:

U.S. Vegetable Puree Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Tomato
• Spinach
• Broccoli
• Carrot
• Pumpkin
• Bell Pepper
• Beetroot
• Others

U.S. Vegetable Puree Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Beverages
• Bakery
• Snacks
• Baby Food
• Desserts
• Others

List of Key Players of U.S. Vegetable Puree Market

• Döhler
• Grünewald International
• Dennick FruitSource, LLC
• Les vergers Boiron
• SVZ Industrial Fruit & Vegetable Ingredients
• F&S Produce Co, Inc.
• Ingredion Incorporated (Kerr Concentrates)
• Encore Fruit Marketing, Inc.

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.

Asia Pacific Plastics in Consumer Electronics Market to Exhibit Impressive Growth During 2021 – 2028: Grand View Research Inc.

 Asia Pacific Plastics in Consumer Electronics Market Growth & Trends

The Asia Pacific plastics in consumer electronics market size is expected to reach USD 5.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.0% from 2021 to 2028. Plastics resins such as polycarbonate (PC) and a blend of polycarbonate and acrylonitrile butadiene styrene (PC/ABS) are used in the manufacturing of casings for mobile phones and laptops housings due to their high impact resistance, lightweight, and high thermal conductivity properties.

The globalization of the manufacturing sector has propelled many electronic device-manufacturing companies to expand their manufacturing facilities or outsource their production to contract manufacturers based in other countries of Asia Pacific. This has propelled the manufacturers in overcoming the manufacturing and supply chain challenges. Factors such as low cost of production and lenient government regulations in Asia Pacific countries have been beneficial to major electronic brands.

The COVID-19 pandemic in 2020 disrupted the electronics supply chain since Chinese facilities were forced to shut down. This propelled electronic device manufacturers to diversify production facilities. Moreover, many China-based and international brands have shifted their assembling operations to India and Vietnam, where production costs are considerably lower than in China. In 2016, China’s labor costs accelerated due to the dependency of major electronic companies on China.

The dependency of electronic manufacturers from developed economies such as Europe and North America on Asia Pacific countries for electronics production coupled with rising demand for electronic devices across the world is expected to drive the demand for plastics in consumer electronics over the forecast period.

Mobile phone manufacturers in the Asia Pacific region including LG Electronics, SAMSUNG, OnePlus, and others provide technologically advanced mobile phones to meet the rising demand from the growing population. This has propelled the manufacturers to provide durable devices with a longer lifespan. This trend is expected to be followed throughout the forecast period propelling the demand for polycarbonate across mobile phone manufacturers in the region.

Strategic partnerships, capacity expansions, and new product developments are popular strategies adopted by a majority of the players operating in the plastics for consumer electronics market across the region. For instance, in January 2021, Celanese Corporation announced to establish a liquid crystal polymer polymerization plant in China to manufacture approximately 20 Tons of LCP per year to meet the growing demands. The first phase of the plant is expected to be completed in 2024.

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Asia Pacific Plastics in Consumer Electronics Market Report Highlights

• In terms of revenue, the polyamide segment accounted for a prominent share in the market in 2020 and is further expected to witness prominent growth over the forecast period
• The laptop monitor enclosure end-use segment dominated the market and accounted for more than 22.0% of the revenue share in 2020
• As of 2020, China accounted for more than 49.0% revenue share in the overall market. The growth is mainly due to China being among the leading consumer electronics market globally.
• Polyplastics Co., Ltd, and Teijin Limited are emerging players in the Asia Pacific market in consumer electronics. The company provides its products in industries such as automobile, electronics, appliances, medical, health & beauty, and others

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Asia Pacific Plastics in Consumer Electronics Market Segmentation

Grand View Research has segmented the Asia Pacific plastics in consumer electronics market based on product, end use, and country:

Asia Pacific Plastics in Consumer Electronics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Polycarbonate (PC)
• Liquid Crystal Polymers (LCP)
• PC/ABS Glass Filled Resins
• Bio-based Polycarbonate Resin
• Thermoplastic Elastomers
  • TPU
  • Recycled TPU
  • Others
• Polyamides
  • PA4T
  • PA9T
  • Amorphous Polyamides

Asia Pacific Plastics in Consumer Electronics End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• TV Frames
• Laptop Monitor Enclosures
• LCP Panels
• Portable Handheld Devices
• Wearables
• Mobile Phone bodies
• Appliances & White Goods
• Others

Asia Pacific Plastics in Consumer Electronics Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• China
• India
• Japan
• South Korea
• Southeast Asia

List of Key Players of the Asia Pacific Plastics in Consumer Electronics Market

• Celanese Corporation
• Covestro AG
• Mitsubishi Chemical Corporation
• SABIC
• Trinseo S.A.

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.

Beverage Flavoring System Market Size Is Expected To Reach USD 7.0 Billion by 2028

 Beverage Flavoring System Market Growth & Trends

The global beverage flavoring system market size is expected to reach USD 7.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2020 to 2028. The increasing demand for both alcoholic and non-alcoholic beverages across the globe especially among the adult population is primarily driving the market growth. The developing economies are majorly supporting the growth through their economic development and growing purchasing power of residents.

Based on ingredients, the flavor enhancers segment is anticipated to experience a CAGR of 5.4% over the forecast period from 2020 to 2028. The flavor enhancers improve the original taste of a flavor without imparting its own flavor. Salt is the primary flavor enhancer but excess consumption may increases the risk of heart disease, as a result, the consumers' preference is shifting towards the other types of enhancers. Additionally, the rising awareness about the other enhancers such as isopropyl mercaptan, malic acid, disodium guanylate, and beta-alanin is further supporting market growth.

The alcoholic beverages segment is projected to experience the fastest growth over the forecast period from 2020 to 2028. The increasing consumption of flavored alcoholic beverages such as flavored rice wines, flavored rums, flavored tequilas, and flavored vodkas, across the globe is contributing to the fastest growth rate. Moreover, the increasing focus of companies to develop different flavors across alcoholic beverages is further driving the market.

Central and South America is anticipated to experience potential growth during the forecast timeframe from 2020 to 2028. The increasing consumption of beverages in the region is primarily contributing to the regional market value. Moreover, some of the commonly found drinks in Brazil include Aluá, Bombeirinho, Cachaça, Caipirinha, Caju Amigo, Cajuína, Capeta, Cauim, Chimarrão, Guaraná, Limonada suíça, Quentão, Rabo-de-galo, Tiquira, and Vinho Quente, which is expected to drive regional demand.

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Beverage Flavoring System Market Report Highlights

• The flavoring carriers segment is projected to ascend at a CAGR of 5.7% over the forecast period, in terms of revenue. The carriers are diluents or solvents that are mixed with a flavoring agent and their primary function is to protect the flavoring agent. These carriers also aid inefficient mixing of the flavoring agent in end-use. For instance, alcohols such as ethyl alcohol or propylene glycol are used as carriers in liquid flavors. Cornstarch or gum acacia is used as a carrier for dry or powdered flavors.
• The alcoholic segment is expected to register a CAGR of 5.5% during the forecast period from 2020 to 2028. The rising demand for alcoholic beverages, majorly including beer, wine, vodka, and gin is driving the segmental market growth. The demand for flavored alcoholic drinks such as gin, rose-flavored vodka, and beer is rising across the globe. According to a report published by Kirin Beer University in December 2020, the global consumption of beer increased by 0.5% in 2019 to reach 189.05 million kiloliters as compared with 2018.
• The artificial origin segment dominated the market and accounted for 42.5% of revenue share in 2020. The use of artificial flavors is increasing in beverages manufacturing owing to their lesser cost compared to their natural counterparts. These are manufactured from chemicals and are designed copies of natural flavors. Moreover, the consumption of these flavors is harmful and can promote some serious illnesses in the long run like cancer. Some of the artificial flavors include esters, aldehydes, phenols, and alcohol.
• In Asia Pacific, the market is expected to register a CAGR of 5.7% during the forecast period. The expanding presence of major players in the economies of the region to take advantage of available opportunities and increasing demand for beverages is supporting the fastest growth. For instance, in August 2018, ADM has opened a new regional office and state-of-the-art flavor and ingredient creation, application, development, and customer innovation center in Shanghai, China.
• Companies in the beverage flavoring system industry have been trying to increase their production capabilities and expand their geographic reach. For instance, in November 2019, the company opened a new extension to its Nantong, China manufacturing facility particularly to support the production capacity of liquid flavors for dairy, beverages, and sweet goods.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-beverage-flavoring-systems-market

Beverage Flavoring System Market Segmentation

Grand View Research has segmented the global beverage flavoring system market based on ingredients, beverage type, flavor type, form, origin, and region:

Beverage Flavoring System Ingredients Outlook (Revenue, USD Million, 2017 - 2028)

• Flavoring agents
• Flavoring carriers
• Flavor enhancers
• Others

Beverage Flavoring System Beverage Type Outlook (Revenue, USD Million, 2017 - 2028)

• Alcoholic
• Non-alcoholic
  • Dairy
  • Juices
  • Carbonated soft drinks
  • Functional Drinks
  • Others

Beverage Flavoring System Flavor Type Outlook (Revenue, USD Million, 2017 - 2028)

• Chocolate and browns
• Dairy
• Herbs & botanicals
• Fruits & vegetables
• Others

Beverage Flavoring System Form Outlook (Revenue, USD Million, 2017 - 2028)

• Dry
• Liquid

Beverage Flavoring System Origin Outlook (Revenue, USD Million, 2017 - 2028)

• Artificial
• Natural

Beverage Flavoring System Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Beverage Flavoring System Market

• ADM
• Givaudan
• Sensient Technologies Corporation
• Kerry Group
• International Flavors and Fragrances Inc.
• Firmenich SA
• Takasago International Corporation
• Flavorchem & Orchidia Fragrances
• Tate & Lyle
• MANE
• Döhler
• Symrise

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.

Unidirectional Tapes Market is Anticipated To Generate Significant Revenues by 2028: Grand View Research Inc.

 Unidirectional Tapes Market Growth & Trends

The global unidirectional tapes market size is expected to reach USD 502.9 million by 2028, registering a CAGR of 15.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing emphasis by aerospace companies on the production of lightweight aircraft is expected to drive the demand for unidirectional (UD) tapes over the forecast period. The development of advanced products for sealing, coupled with the rising investments in R&D for the production of advanced high-strength adhesive tapes, is projected to drive the product demand over the forecast period.

In addition, the development of eco-friendly solvent recovery technology used for the coating of adhesives is expected to drive the product demand in the coming years. Aerospace & defense was the largest end-use segment in 2020 and is likely to maintain its dominance over the forecast period. Thermoplastic and thermosets UD tapes are used in primary and secondary aircraft structures and high-load aircraft interior applications including fuselage, wings, cargo liners, bulkheads/class dividers, and lavatory modules.

The market is moderately competitive owing to the presence of a limited set of players majorly concentrated in the U.K. and Germany. The market is also highly influenced by various other players from the countries, such as the U.S., Saudi Arabia, Japan, and the Netherlands. Major players in the industry focus on research & development activities to introduce ultra-lightweight components for bonding operations the in automotive and aerospace sectors

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Unidirectional Tapes Market Report Highlights

• North America accounted for the largest revenue share of over 39% of the global UD tapes market in 2020
• Prominent automobile manufacturers in the region are engaged in the production of lightweight vehicles, which is boosting the product demand
• The thermoplastic resin type segment led the global market in 2020 with a revenue share of 74.7%
• It is expected to expand further at the fastest CAGR from 2021 to 2028 on account of the superior characteristics of these resins that enhance the performance of tapes
• The carbon fibersegment is expected to ascend at the second-fastest CAGR of more than 16% from 2021 to 2028
• This growth is credited to their wide application scope in automotive and aerospace parts manufacturing operations
• In the U.S., the demand for glass fiber products accounted for a significant volume share in 2020, this was supported by the increased utilization of tapes in manufacturing industries
• The market is moderately competitive with a limited number of multinational companies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-unidirectional-tapes-market

Unidirectional Tapes Market Segmentation

Grand View Research has segmented the global unidirectional tapes market on the basis of resin type, fiber, end-use, and region:

Unidirectional Tapes Resin Type Outlook (Volume, Million Meters, Revenue, USD Million, 2017 - 2028)

• Thermoset
• Thermoplastic

Unidirectional Tapes Fiber Outlook (Volume, Million Meters, Revenue, USD Million, 2017 - 2028)

• Glass Fiber
• Carbon Fiber
• Other Fiber

Unidirectional Tapes End-use Outlook (Volume, Million Meters, Revenue, USD Million, 2017 - 2028)

• Aerospace & Defense
• Automotive
• Sports & Leisure
• Others

Unidirectional Tapes Regional Outlook (Volume, Million Meters, Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa

List of Key Players of Unidirectional (UD) Tapes Market

• Evonik Industries AG
• SABIC
• Solvay, S.A.
• Hexcel Corp.
• Toray Industries, Inc.
• SGL Group
• Teijin Ltd.
• BASF SE
• Celanese Corp.
• Victrex plc.
• Cristex Composite Materials
• Eurocarbon B.V.
• Plastic Reinforcement Fabrics Ltd.
• TCR Composites, Inc.
• Barrday, Inc.

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.

North America And Europe Veterinary Telehealth Market Will Be Worth USD 279.0 Million by 2028: Grand View Research Inc.

 North America And Europe Veterinary Telehealth Market Growth & Trends

The North America and Europe veterinary telehealth market size is anticipated to reach USD 279.0 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.0% from 2021 to 2028. The market is primarily driven by the increasing number of pets. For instance, in 2019 about 67.0% of American households (or 84.9 million American homes) owned a pet, as per data released by the American Pet Products Association (APPA). Compared to the 2017 data wherein about 60.2 million American households owned at least one pet dog, the 2019 data was significantly greater, showing an upward trend in the pet population. Rising humanization of pets and pet expenditure are other factors expected to drive the market growth. An increase in the number of veterinary hospitals and pet care clinics is also expected to contribute to market growth.

The COVID-19 pandemic had an intense effect on the veterinary care market. According to the CEO of Animal Policy Group, the adoption of pets increased along with the adoption of veterinary telehealth in order to follow social distancing norms. Deb Leon, CEO of WhiskerDocs, stated that their business experienced a 30% surge during the COVID-19 pandemic.

Additionally, in response to the pandemic, the USFDA relaxed its Federal VCPR requirements, temporarily. This allowed veterinarians to practice telemedicine without an on-premises animal examination or a pre-existing veterinarian-client relationship. Given the temporary nature of this policy, the FDA plans to reassess it periodically to either revise or withdraw the guidelines, as necessary. However, this catalyzed the adoption of veterinary telehealth. Governments of various states across the U.S. also recognized the impact, and many of them added veterinary care to the list of essential services covered by telehealth under emergency measures. Even post-COVID, the trend of increased usage of these solutions is expected to continue.

The demand for livestock products is growing in developing and developed economies. This has led to greater concern over the health of livestock. According to the United States Department of Agriculture, National Agricultural Statistics Service, as of January 2021, the number of cattle and calves in the U.S. was 93 million and that of beef cows was 31.0 million, respectively. Monitoring livestock health is important in order to secure the food supply. Telemonitoring solutions are increasingly adopted to monitor livestock farms to keep track of herd health in real-time and to gain actionable insights.

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North America And Europe Veterinary Telehealth Market Report Highlights

• The market is expected to witness a CAGR of 19.0% during the forecast period owing to supportive government policies and increased digitization of healthcare services
• The others segment dominated the animal type segment in 2020. It covers livestock animals such as poultry, goats, and sheep. It is driven by the increased demand and consumption of these animals and animal-based products. Telehealth, especially telemonitoring solutions provide real-time data giving farm owners more control over their facilities and reducing losses
• The teleconsulting segment held the largest revenue share in 2020. It emerged as an ideal solution for providing virtual quality care for animals and to consult with other fellow practitioners while curbing the spread of the coronavirus during the pandemic
• The U.S. dominated the market in North America due to factors such as the presence of key players and widespread adoption of telehealth by pet parents
• K. held the major share of the market in Europe in 2020. This is mainly attributed to the increased humanization of pets
• The market is competitive in nature and players are adopting strategies such as new product launches, regional expansions, and partnership agreements to gain a competitive edge. For instance, in January 2020, Video With My Vet Ltd. launched its telemedicine app enabling veterinarians to provide video consultations to their clients
• Also, in November 2020, FirstVet launched its telemedicine service in the U.S. Its app-based video consultations platform can connect pet owners from 50 states to a FirstVet veterinarian

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-europe-veterinary-telehealth-market-analysis

North America And Europe Veterinary Telehealth Market Segmentation

Grand View Research has segmented the North America and Europe veterinary telehealth market on the basis of animal type, service type, and region:

North America & Europe Veterinary Telehealth Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Canine
• Feline
• Equine
• Bovine
• Swine
• Others

North America & Europe Veterinary Telehealth Service Type Outlook (Revenue, USD Million, 2016 - 2028)

• Telemedicine
• Teleconsulting
• Telemonitoring
• Others

North America & Europe Veterinary Telehealth Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Sweden
  • Finland
  • Norway
  • Netherlands

List of Key Players of the North America And Europe Veterinary Telehealth Market

• FirstVet
• PawSquad
• Vets Now
• Petzam
• Whiskers Worldwide, LLC
• BabelBark, Inc.
• Video With My Vet
• Vet-AI Ltd
• AmerisourceBergen Corporation
• The Vet Connection
• IDEXX Laboratories, Inc.
• Wizzvet
• Barkibu
• Barkyn, Lda
• VetCT
• Dindog Tech SL
• PetsApp Ltd
• Activ4Pets
• Airvet, Inc.
• GuardianVets

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.