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The Global Child Resistant Re-Closable Edible Bags Market Size, Share & Trends, Function Type, Use Segment Forecasts, 2019 To 2025

The global child resistant re-closable edible bags market is expected to witness positive growth over the forecast period.

In today’s packaging products, safety of edible products is considered to be of paramount importance. Designs in packaging today have to take into consideration the safety of not just the product itself, but also the safety of the user. Packaging in this day and age demands to be child-resistant.

Innovations in packaging have led to the developments in design that makes the product within the package inaccessible to children. These are termed as child-resistant packaging. These are available in two forms namely re-closable and non-re-closable.

Dr. Henri Breault was the first to develop child-resistant packaging back in the 70s. The wide application in the pharmaceutical industry has led to the imposition of regulations by international and national authorities that require testing of the packaging before approval. Through the years, child-resistant re-closable edible bags have helped decrease the incidents of unintentional child poisoning due to ingestion of drugs all over the world.

With the legalization of marijuana in a few sates of the U.S. and the commercialization of marijuana; the respective producers have accepted child-resistant packaging with open arms. Ease of production of flexible packaging and its wide adoption among the consumers has led to innovations in design that incorporate child-resistant features. One of the upcoming child-resistant packaging types is the child-resistant re-closable edible bags.

The increasing demand for functionality in the packaging of products, safety is an unsaid factor to be taken into consideration for packaging of edible products. The pharmaceutical industry specifically has taken steps through the years to develop packaging solutions that capture this essential factor.

This has led to the increased safety of children and a major decline in unintentional child poisoning. With the pharmaceutical industry booming across the globe, child-resistant re-closable edible bags market is expected to witness a positive impact. The trend has caught up with the “consumer goods” segment and the “cosmetics, food & beverages, and pet food” industries have widely adopted child resistant re-closable edible bags as well. With the increasing demand for packaged goods due to the “on the go” lifestyle of consumers, we can expect the child-resistant re-closable edible bags market size to witness an exponential growth through the forecasted period.

Testing of the re-closable edible bags by international and national authorities requires the packaging of the product to fulfill certain guidelines that have been laid down. This will act as a restraint for the child-resistant re-closable edible bags market size. The global market size spans function type, end use, and geography. On the basis of Function Type, the global market size spans zippers, sliders, and a combination of sliders and zippers.

On the basis of End Use, the global market size spans consumer goods, chemical, pharmaceutical, nutraceuticals, pet food, granules, powders, and other mixes, and so on. On the basis of Geography, the global market size spans North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size is expected to grow during the forecast period. Europe is expected to continue being the dominant market for child-resistant re-closable edible bags.

The increasing demand for child-resistant re-closable edible bags in the consumer goods, healthcare, and pharmaceutical sector will stimulate the demand for the child-resistant re-closable edible bags to market globally. The key players of global child resistant re-closable edible bags market are BSI Group, Healthcare Logistics Inc., Sun Grown Packaging, and Loksak Inc.

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The Global Fiberglass Pipe Market Size, Share & Trends, End-Use And Segment Forecasts, 2018 – 2025

The global fiberglass pipe market size was estimated at USD 3.83 billion in 2016. Increasing need for lightweight, fire retardant, high corrosion resistance and high stiffness pipes is expected to be a key factor driving the global market growth over the forecast period.

Fiberglass pipes are composite materials which have combine properties of two or more materials such as glass fibers and resins, that are used in various end-use industries such as chemicals and irrigation. The key end-use industries include oil & gas, irrigation, chemicals, sewage and others. The industry is mainly driven by the GRE product segment owing to its application in various offshore and onshore oil & gas production and exploration activities.

The U.S. was estimated at USD 562.9 million in 2016 and is anticipated to grow at a CAGR of 4.3% from 2017 to 2025. U.S senate introduced Water Resources Development act of 2016, to invest in water infrastructure improvements and to reduce corrosion resistance failures with existing installations. This provides ample opportunities for the manufacturers to supply cities with high corrosion-resistance pipes.

The global demand is driven by increasing need for products that offer advantages such as easy installations, low maintenance costs, flexibility in producing complex shapes, and immunity to corrosion. Traditional products such as poly vinyl chloride (PVC), concrete, and steel fail to meet the changing consumer requirements, which is booming the growth.

The market is gaining widespread acceptance as a viable alternative to conventional ones owing to factors such as long-life span due to greater corrosion resistance and easy handling due to lower weight. Increasing acceptance of its usage various applications as a result of stringent regulations is also bolstering the growth. Fiberglass pipes also offer advantages such flexibility in manufacturing the product in varied range of diameters and shapes to suit the customer needs in wide variety of applications. Excellent hydraulic features are maintained during the operation due to less internal friction inside the product’s surface.

In terms of revenue, GRE segment accounted as the largest segment and is expected to reach USD 3.14 billion by 2025 growing at a CAGR growth of 5.3% over the forecast period. It accounted for 51.9% of the global revenue share in 2016.

Fiberglass pipes reinforced with epoxy resins are suitable in applications that operate under extreme pressure and thermal conditions that require high corrosion resistance such as industrial and offshore oil & gas applications. In addition, with the approval of International Marine Organization (IMO) for the use of these products in level 3 fire endurance marine applications, the demand is projected to increase significantly from 2017 – 2025.

E-glass fiber was estimated as the largest segment in 2016, accounting for 57.0% of the global revenue share. E-glass fiber is used as reinforcement in many composites. The product enhances the resin’s performance as a strengthening agent. The market for E-glass fiber is partially consolidated with the presence of players such as PPG Industries, Saint-Gobain Vertotex, and Nippon Electric Glass Co., Ltd. E-glass fiber is used in applications such as drainage in construction and marine cooling.

Oil & gas industry emerged as the leading end-use segment and accounted for 41.9% of the global revenue share in 2016. It was followed by chemicals and irrigation as the second and third largest market respectively,in terms of revenue. The market is highly influenced by the oil & gas end-use industries in the emerging countries in Asia Pacific, South & Central America and Middle East & Africa. This is attributed to the energy & infrastructure reforms initiated to upgrade their ageing infrastructure and meet their energy needs owing to rapid growth development in these regions.

In addition, chemical Industries is one of the established and rapidly growing markets in Europe and North America. Fiberglass pipe growth in North America and Europe is augmented by the falling prices of natural gas, which is used as feedstock in many chemical processing industries. Construction is a diverse industry that is expected to experience robust growth due to growing infrastructural development in the region, especially in China, India and Saudi Arabia.

Asia Pacific leads the fiberglass pipe market in terms of revenue in 2016, and this trend is expected to continue over the forecast period. It was estimated at USD 1.58 billion in 2016 and is projected to grow at a CAGR of 6.8% from 2017 to 2025.

In emerging economies such as China, India and Japan where energy demand is rapidly growing, preference for natural gas as a replacement for coal is a growing trend. Importing natural gas has a high price attached to it, but transportation through pipeline is preferred as an economical option when compared to transportation of gas through large LNG vessels. This necessitates huge amount of investments to develop supporting infrastructure. Owing to these factors, the market is expected to witness significant growth as a potential replacement for conventional steel and concrete pipes.

Asia Pacific was followed by Europe in terms of revenue and is expected to grow at a CAGR of 3.6% over the forecast period. Economic recovery in European countries and increasing dependence on Russia for natural gas imports in this region is projected to fuel the demand in end-use applications. With increasing urbanization and drought conditions, European region is witnessing an increase in desalination facilities across several countries. GRP and GRE piping equipment in desalination plants and manufacturing of chemicals and effluent treatment facilities is expected to fuel the demand over the forecast period.

The key players in the global market includeNational Oilwell Varco, Inc., Graphite India Limited, Saudi Arabian AMIANTIT Company, PPG Fiberglass Industries, HOBAS International GmbH, and Fibrex Corporation. The domestic companies are emphasizing on providing quality products at competitive prices complying with the quality standards where as key players are seeking to increase their market share and strengthen competitive aspect. 

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global fiberglass pipes market on the basis of product, fiber, end-use and region:

  • Product Type Outlook (Revenue, USD Million, 2014 – 2025)
    • GRE Pipes
    • GRP Pipes
    • Others
  • Fiber Type Outlook (Revenue, USD Million, 2014 – 2025)
    • E-glass
    • T-Glass/ S-Glass/ R-Glass
    • Others
  • End-use Outlook (Revenue, USD Million, 2014 – 2025)
    • Oil & Gas
    • Chemicals
    • Sewage
    • Irrigation
    • Others
  • Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Russia
      • UK
      • France
      • Germany
    • Asia Pacific
      • China
      • India
      • Australia
    • South & Central America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
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The Global Stretchable Conductive Material Market Analysis, Product, Application, Region And Segment Forecasts, 2018 – 2025

The global stretchable conductive material market size was valued at USD 434.7 million in 2016. The market is expected to show significant growth over the forecast period owing to the high dependence on photovoltaics. Various factors like growing electricity demand and rising healthcare expenses worldwide are expected to drive the stretchable conductive material market over the forecast period.

Increase adoption of renewable power in industrial, utilities, the healthcare sector will propel the stretchable conductive material industry expansion over the forecast period. The growing stringent government regulations on the carbon emissions imposed on the industries worldwide are expected to augment the market growth for the stretchable conductive material market growth over eight years.

Extensive manufacturing of stretchable conductive materials by market players such as Dupont and Co., 3M, Chasm Technologies, US Research Nanomaterials, Advanced Nano Materials, Applied Nanotech in the U.S. is expected to promote industrial use for the stretchable conductive materials, which in turn is projected to fuel demand. The growing demand for solar power has been one of the major drivers for the stretchable conductive materials market which in turn is anticipated to create immense market opportunities over the forecast period.

Graphene is likely to gain momentum in the near future, due to its distinctive properties such as high electrical and thermal conductivity, and the barrier to the permeation of water and oxygen. The high charge carrier mobility, chemical and thermal stability and flexibility it is widely used in the thermal and chemical sensors. The application can be used in electronics, printed electronics, and packaging will fuel market demand over the next eight years.

Increased awareness regarding newer technologies in the wearables in U.S., Mexico, Japan, and China is expected to promote the development of wearable technologies over the years ahead. However, low awareness regarding wearable technologies is expected to hinder product growth over the forecast period. Technological advancements in order to increase output, and reduce costs will create immense industry potential in the near future.

Growing electricity demand as a result of increasing population and infrastructure will increase the adoption of photovoltaics in the solar power panels. An increase in government expenditure, followed by stringent norms to promote renewable power will boost the growth of the demand for photovoltaics.

Graphene was the dominant product segment and accounted for 31.46% of the global market in 2016. It is expected to witness significant growth on account of its increased applications in various industries. Graphene demand will witness rise over the forecast period on account of high consumption in the large-scale installations of the solar power grid.

Increasing usage of these materials in solar power, biomedical applications will propel its demand over the forecast period. Moreover, factors such as the rising population and urbanization in Mexico, Turkey, China, India, Thailand, and Bangladesh are expected to augment these applications, thereby rising demand.

The photovoltaics segment is expected to witness significant growth at a CAGR of 26.4% from 2017 to 2025 as a result of increasing usage of renewable energies in the solar power grids. Increasing renewable power spending in Chile, Peru, and Mexico as a result of government support for promoting investments is expected to propel market size.

The increasing population and electricity demand in China and the U.S. are the factors that are expected to play a crucial role in driving the usage of photovoltaics in the power grid applications. Furthermore, the establishment of new production units in power generation in Middle East countries including Saudi Arabia, Iran, and Israel owing to the favorable initiatives to promote the investments is expected to expand the market penetration over the next eight years.

Asia Pacific is expected to show significant revenue rise at a CAGR of 26.4% from 2017 to 2025 on account of the extensive production of electricity in China, and India. Ongoing industrialization, the rising population along with increasing foreign investments in the solar power grids and healthcare sectors will drive the industry expansion over the forecast period.

The positive intends towards biomedical in healthcare in the U.S., China, Japan, Germany, and France owing to the increased population is expected to play a crucial role in increasing the application of biomedical.

Various government initiatives in India including “Housing for All by 2022” and “Atal Mission for Rejuvenation and Urban Transformation (AMRUT)” for improving the housing sector is expected to increase the penetration of electricity facilities for the urban population, which in turn will augment market size.

North America was the prominent market and accounted for 41.55% of the overall industry share in 2016. The robust presence of manufacturing facilities of renewable power, pharmaceuticals, chemicals, food & beverage, and automotive in the U.S. and Mexico is expected to promote the demand for solar power grid the next eight years.

The global Graphene industry is highly dynamic and competitive in nature owing to the presence of various small and large-scale manufacturers and the availability of raw materials. The market is dominated by various major participants including Xiamen Knano Graphene Technology Co., Ltd, 2-D Tech, Abalonyx, ACS MaterialAdnano Technologies, Angstron Materials.

The graphene market is expected to witness strong competition over the next eight years on account of increasing investment in research and development activities, product innovation, and reducing product costs.

Key players in the market are focusing on increasing their market share along with profitability through establishing strategic partnerships with regional players and distributors by providing accessibility in technological expertise for the solar power grid and healthcare sectors including pharmaceuticals, food & beverages, and oil & gas.

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global Stretchable Conductive Material market on the basis of product, configuration, application, and region:

  • Product Outlook (Revenue, USD Million, 2014 – 2025)
    • Graphene
    • Carbon Nanotube
    • Silver
    • Copper
  • Application Outlook (Revenue, USD Million, 2014 – 2025)
    • Wearables
    • Biomedicals
    • Photovoltaics
    • Cosmetics
  • Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
    • Asia Pacific
      • China
      • Japan
    • Central & South America
      • Brazil
      • Mexico
    • Middle East & Africa
      • Africa
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The Global Cross Laminated Timber Market Size, Share & Trends, Type, Region And Segment Forecasts, 2018 – 2025

The global cross-laminated timber market size was valued at USD 558.6 million in 2016 and is projected to grow at a CAGR of 15.7% over the forecast period. Global sustainability concerns coupled with rising awareness about wood as a building material among consumers are the factors likely to boost the market growth in the coming years. Transitioning consumer preferences for wood-based construction along with low cost, high thermal performance, and insulation properties are expected to drive the market growth over the forecast period.

The demand for cross-laminated timber (CLT) is witnessing an increase as wood is evolving as a low-cost and sustainable alternative to steel and concrete. The growing popularity of cross-laminated timber, considering its ease of construction and durability, is likely to propel the demand for the market over the next eight years. Rising popularity and awareness in regions such as North America, Europe, and the Asia Pacific is anticipated to positively impact the market.

Adhesively bonded types dominated the market in light of enhanced durability and performance. The segment is expected to account for a significant market share over the forecast period.

Key attributes of cross-laminated timber, such as fire and earthquake resistance ability, are projected to fuel the CLT market growth. Major players in the industry are constantly striving toward technological advancements to manufacture quality products and increase efficiency.

The tendency of wood to absorb moisture from the atmosphere is expected to pose a challenge to the industry growth. Specific climatic conditions are a prerequisite for spruce and pine to grow and thus adverse climatic conditions may hinder raw material availability for the market. Manufacturers are required to conform to the regulations laid by numerous timber authorities in different regions.

The adhesive bonded segment accounted for 88.0% of the global cross-laminated timber market share in 2016. This segment is expected to witness considerable demand over the next eight years on account of greater strength and seismic performance. However, growing environmental concerns regarding the use of adhesives, due to its carbon emission properties, are anticipated to hamper its demand.

The mechanically fastened segment was valued at USD 63.7 million in 2016 and likely to emerge as the fastest-growing product segment over the forecast period owing to its effective recycling. The shift in consumer trends toward environment-friendly products is expected to push the product demand in the coming years. The mechanically fastened segment is likely to gain considerable market share in light of increasing demand from the European and North American regions.

In 2016, Austria and Germany cumulatively accounted for 68.29% of the European market revenue owing to the growing awareness toward wood as a building material. Austria is a rich source of softwood spruce and pine and accounts for the largest production of cross-laminated timber across the globe. The increasing use of cross-laminated timber in residential and commercial applications is anticipated to spur industry growth over the next eight years.

The demand for cross-laminated timber in North America was valued at USD 118.8 million in 2016. The abovementioned growth can be attributed to the increasing use of cross-laminated timber in institutional as well as residential applications. The growing consumer demand for stylish and luxury apartments is likely to have a positive impact on industry growth. Ascending product use in residential applications such as walls, floors, and ceilings is also expected to account for market growth. North America is likely to remain the second-largest market from 2017 to 2025.

Shifting manufacturing facilities to Australia and New Zealand is expected to fuel higher production. Growing awareness of cross-laminated timber in emerging economies like China and Japan is likely to result in high rise residential apartments along with commercial buildings.

Key players in the market include Stora Enso, Mayr-Melnhof Holz, Binderholz GmbH, XLam Limited, SmartLam, and Sterling Lumber. In 2016, Stora Enso invested USD 890 million in a plant in Guanxi, China to strengthen its presence in the country.

Manufacturers of cross-laminated timber continue to focus on technological advancements in the product. Such developments coupled with competitive pricing are likely to assist them in increasing their market share over the forecast period. Companies are investing heavily in the research and development to overcome the barriers faced while using cross-laminated timber and enhance product quality.

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global cross-laminated timber market based on product and region:

  • Product Outlook (Revenue, USD Million; 2014 – 2025)
    • Adhesive Bonded
    • Mechanically Fastened
  • Regional Outlook (Revenue, USD Million; 2014 – 2025)
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Austria
      • Germany
      • Switzerland
      • Italy
      • Rest of Europe
    • Asia Pacific
      • New Zealand
      • Japan
      • China
      • Rest of Asia Pacific
    • South & Central America
    • The Middle East and Africa
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The Global Atomic Layer Deposition Market Size, Share & Trends, Product Type, Region And Segment Forecasts, 2018 – 2025

The global atomic layer deposition market size was valued at USD 1.09 billion in 2016. It is a key process in the fabrication of semiconductor devices, and part of the set of tools available for the synthesis of nano-technology materials. Atomic Layer Deposition is considered as one of the superior deposition methods for producing thin and conformal films.

The industry is expected to be driven by the growing electronics industry and semiconductor solutions particularly in the Asia Pacific and North America. Various deposition instruments are used in the manufacturing of semiconductor categories such as copper electrodes, High-K dielectric gate stacks, and copper barrier/seed layers. Rising demand for electronic components in the automotive industry is expected to increase the demand for semiconductors and hence, directly impact the atomic layer deposition market positively.

Component miniaturization is one of the recent technological advancements in the global electronics sector. In the past few years, introduction of materials such as porous, Hf(Si)O, SiOC, AlO, ZrO, LaO, and SiC have resulted in higher efficiency and stability of substrates. Some of the other factors that are driving the market include increasing demand from current & emerging applications such as dye-sensitized solar cells, efficiency enhancement, and technological development. However, high investment cost in R&D is expected to restrain its application in several industries, therefore, many manufacturing companies prefer the atomic layer deposition technique to produce smaller components with comparatively low cost.

Increasing concerns for global warming climate change and has encouraged governments around the globe towards renewable & green energy sources. The subsidies offered by government have encouraged the growth of the solar power industry. Thin-film materials overcome this problem with their properties of efficiency and reliability. This material offers miniaturization and is one of the reasons for the MEMS industry to increasingly utilize micro components. In countries such as Germany, India, the U.S., and UK governments have been providing fiscal incentives and schemes to drive the use of renewable energy.

The global vapor deposition industry is rapidly growing with chemical vapor (CVD) accounting for a significant share. Other technologies include epitaxy, physical vapor (PVD), and atomic layer deposition. However, the advanced and feature-rich outputs of ALD systems result to give high deposition performance, high rates of production, and minimal waste.

The technology is largely present in almost all high-end products in industries such as automobile & other transportation, wearable health monitoring devices, and solar PV. ALD is a prominent technology to lower the cost in manufacturing advanced electronic products. The brightness and longevity of LED and precision optical layers are made by ALD for various specific applications. In medical technology, lifetime of various medical implants equipment is enhanced by biosynthesized ALD coatings.

Aluminum oxide ALD is expected to remain the largest type of product segment by 2025 which was valued at USD 328.2 million in 2016. With the abundance of aluminum, the demand for aluminum oxide film using this deposition technique is also anticipated to increase in industrial penetration. Deposited aluminum oxide film is known to contain effective permeation barriers owing to alumina’s pin-hole free morphology and uniformity. The aluminum oxide film acquires the maximum share of the type of technology due to its excellent characteristics, stability to numerous substrates, easy availability of precursor material, and optimal base metal prices.

Technological developments in the precursor materials and substrates is a major trend for the industry. The advancements have resulted in plasma enhanced-atomic layer deposition (PEALD) as the fastest-growing category. PEALD is a key enabler of logic devices and nanoscale memory owing to the characteristics such as thickness controllability and superior conformity.

The extensive research initiatives for the technology concerning enhanced nucleation have resulted in deposition on particles and polymers. This technology type holds a smaller share of the overall market due to high capital costs and specific applications. For instance, ALD on polymers mitigates numerous challenges concerning space polymers. However, it reduces the rate of oxygen-atom erosion and vacuum ultraviolet (VUV) of polymers in spacecraft.

The atomic layer deposition industry has numerous promising areas of application. The semiconductor industry was the leading application sector in 2016 while accounting for over 40% of the total revenue in the same year. The semiconductor technology node transition and the drive for miniaturized components have indeed contributed to the development of the global semiconductor industry. The need for a shrinking device dimension in tandem with high durability has tremendously increased the application scope of deposition technologies.

The technology in the semiconductor industry finds applications in both IC (Integrated Circuit) and Non-IC components. The other application sectors for the technology include flexible electronic devices, fuel cells, solar cells, medical devices, and data storage devices.

The changing consumer preference and government initiatives to reduce greenhouse gas emissions have resulted in swift growth of the solar sector. The technique is widely used for conformal coatings in solar cells and devices. Solar devices are expected to be the fastest-growing application sector over the prediction period.

The high growth of the solar energy industry is primarily driven mainly by increasing PV installations in economies including China, the U.S. Japan, India, Poland, and the U.K. Countries such as India and Japan are ideal solar markets due to high insolation, comparatively higher energy costs, increasing concerns regarding greenhouse gas emissions, and low electrification costs.

Asia Pacific was the dominant region in 2016 with revenue estimated over USD 504 million for the same year. The rapidly growing demand from end-use industries such as semiconductors, electronics, medical equipment industry, and the solar sector has led Asia Pacific to achieve the maximum market share.

The deep-rooted electronics manufacturing base in South Korea, China, and Taiwan have led to increased demand for the deposition technologies. The proliferating manufacturing of electronics products, tremendous modernization, and growing economies coupled with rising consumer electronics spending have backed up the growth of this region.

Some of the Asian countries offer lucrative opportunities for the industry participants due to increase in capacity of solar photovoltaics. China, India, Japan, Indonesia, South Korea, and Taiwan have led the ALD growth due to burgeoning solar panels manufacturing and installations.

North American ALD market followed Asia Pacific in 2016 in terms of market capitalization. The U.S. and Canada are the major contributors to the growth of the regional market. The U.S. emerged as the frontrunner and is estimated to grow at a CAGR of 12.2% over the next eight years. The key growth driver for North America’s market includes productive government regulatory support for encouraging domestic level private investment, which is likely to be a significant factor for the region’s growing semiconductor and consumer electronics industry.

The global atomic layer deposition market inherits an intense competition among the key international players. Technological advancements and innovative product launches are the major aspects contributing to the competition. The key companies in the industry include Lam Research Corporation, ASM International NV, Applied Materials Inc., Aixtron SE, and Adeka Corporation.

Some of the major companies have undertaken recurrent technological upgradations and product launches for manufacturing superior quality conformal films and gaining sustainability in the sector. These aspects are worked upon by the companies concerning to demand from consumers and industry dynamics.

Some other industry players offering the technology include Tokyo Electron Limited, Denton Vacuum LLC, Kurt J. Lesker Company, Beneq Oy, Veeco Instruments, Canon Anvela Corporation, Picosun Oy, Entergis Inc., and ALD NanoSolutions, Inc.

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this report, Grand View Research has segmented the global atomic layer deposition market on the basis of product, application, and region:

  • Product Outlook (Revenue, USD Million, 2014 – 2025)
    • Metal
    • Aluminum Oxide
    • Plasma Enhanced
    • Catalytic
    • Others
  • Application Outlook (Revenue, USD Million, 2014 – 2025)
    • Semiconductors
    • Solar devices
    • Electronics
    • Medical equipment
    • Others
  • Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • The U.K.
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • Middle East & Africa
    • Central & South America (CSA)
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The Global Fire Trucks Market Size, Share & Trends, Application, Region And Segment Forecasts, 2016 – 2024

The global fire trucks market size was estimated at USD 4.30 billion in 2015, growing at a CAGR of 6.3% over the forecast period. Increase in the demand for fire safety among developed countries and the need for advanced firefighting apparatus are expected to augment the market growth. Furthermore, growing standards with respect to safety across the globe are expected to aid the demand.

The primary function of a fire trucks includes transportation of firefighters to an incident scene to extinguish the fire with water or some chemical composition. In addition, government departments employ them for medical emergency services and rescue operations. Product innovation and technological advancements in the field of fire apparatus and related equipment have lowered the fatality rate in fire-related incidents.

Furthermore, the departments need to keep upgrading their equipment and apparatus owing to the constant technological advancement in the sector. As a result, constant amendments are made to the guidelines and regulations enforced by the associations such as the National Fire Protection Association (NFPA) in the U.S. and National Association of Fire Equipment in India.

Infrastructural development in the emerging countries has led the regulatory bodies to enforce stringent codes and standards to decrease infrastructural damage and loss which is expected to augment the industry growth. However, high preliminary costs and capital requirements for the manufacturing of trucks are expected to restrain the market growth over the forecast period.

The industry consists of raw material suppliers, manufacturers, distribution channels, and end-user applications. The value chain is broken-down as upstream and downstream. The upstream value chain is an integration of raw materials for manufacturing fire trucks. These raw materials comprise chassis, trucks, ladders, components, and other equipment.

Upstream value chain denotes the integration of raw materials from the manufacturers and suppliers to the fire trucks manufacturing facility whereas, the downstream value chain refers to the distribution of the finished product to different end-use industries. With respect to the industry, the raw materials are assembled to manufacture trucks and these trucks are then exported to different countries.

The residential & commercial application accounted for the largest global market share and is expected to grow at a CAGR of 6.7% over the forecast period. The market growth for the product is anticipated to augment on account of the rising global population, which in turn will increase the demand for construction of residential and commercial buildings.

The growing population and the resultant spike in building & construction activities worldwide led to governments enforcing stringent fire safety regulations across sectors, including residential, commercial, airports, and industries. The aforementioned factor resulted in a significant increase in fire trucks consumption in residential & commercial applications.

Growing application of Aircraft Rescue Fire Fighting (ARFF) vehicles for airport safety and rescue operations is expected to drive the market demand in enterprises and airports. Enterprises & airports segment accounted for over 26% of the total market share in terms of revenue in 2015. The application segment is anticipated to increase the market share owing to the growing number of airports and air passenger traffic.

Growing demand for advanced fire apparatus in developed countries such as the UK, France, and the U.S. is expected to augment the growth of the fire trucks market in North America and Europe. Furthermore, the increasing building & construction activities coupled with low prices are expected to drive the market growth in China over the forecast period.

The global fire trucks industry is dominated by the Asia Pacific and is expected to continue its dominance throughout the forecast period. The presence of key low-cost manufacturers of China coupled with the rising demand from residential & commercial applications in emerging economies such as China, South Korea, and India majorly drive the market growth.

China is one of the largest markets, both in terms of production as well as consumption. The high production capacity and supply are driven by the considerably low costs of production. In addition, the country is an industrial hub for several manufacturers across the globe. Increased consumption of fire trucks is anticipated in applications such as commercial, enterprises, and airports, owing to the aforementioned factors,

The North America market contributed to around 1.2 billion in 2015. The North American production value witnessed a significant increase primarily driven by the increased demand from the residential & commercial application segment. Furthermore, the growing requirement of advanced safety infrastructure in residential buildings, commercial complexes, and is expected to augment the market demand.

Europe, Middle East & Africa (EMEA) fire trucks market is characterized primarily by consumption in applications such as enterprises, industries, airports, and military. The European fire trucks are narrow and tight in design, as compared to the trucks used in the U.S. This can be attributed to the presence of several narrow lanes within the cities of Europe, as opposed to wide roads found in the U.S.

The global market is very competitive due to the presence of a large number of established manufacturers and suppliers. Major players such as Rosenbauer International AG, Oshkosh Corporation, Magirus GmbH, and Weihai Guangtai have adopted product innovations and numerous strategic alliances for strengthening their global positions, which are being followed by emerging industry players.

Other industry participants include Danko Emergency Equipment, Co., E One Inc., Spartan Motors, Xuzhou Handler Special Vehicle Co. Ltd., ZoomLion, Bronto Skylift Oy, Morita Group, KME, Albert Ziegler GmbH, and Gimaex International. The dominance of current industry contributors including Rosenbauer International AG and Weihai Guangtai are expected to restrict the entry of new market players.

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The Global Calcined Anthracite Market Size, Share & Trends, Technology, By End Use And Segment Forecasts, 2018 – 2025

The global calcined anthracite market size was estimated at USD 3.16 billion in 2016. The market is anticipated to be driven by rising demand for carbon-rich charging materials in steel manufacturing. Low environmental impact and low product cost compared to calcined petcoke are expected to offer it a competitive edge over the next few years.

Availability of anthracite is a crucial variable influencing market dynamics, as it is the key raw material used to manufacture the product. Anthracite accounts for only about 2.0% of the overall coal production and finds high demand for steel and power generation. This has left the industry facing raw material shortage, resulting in the high bargaining power of raw material suppliers.

In the U.S., Pennsylvania is the only state involved in the mining of anthracite. High-volume steel production in the country has resulted in the dominance of the U.S. in the North America market. However, steel production in the country declined by around 0.4% from 2015 to 2016, resulting in lower product demand.

The product offers higher carbon percentage and low ash, moisture, and volatile matter content compared to traditional coal products. As a result, it has gained a high demand in the manufacturing of steel and other metals, a process that requires coal with very low moisture and impurity content.

Global coal production has been declining over the past few years and stood at 231 million tons in 2016. Production fell by 6.2% from 2015 to 2016, which was the highest decline in the history of coal mining. These factors have impacted the availability of raw material for anthracite manufacturing, impacting the growth of the industry.

Petcoke, which is used as a key alternative for anthracite, especially in steel manufacturing, is likely to be banned in emerging economies such as India. The country already banned petcoke in the national capital and neighboring states in 2017 owing to severe problems associated with pollution in the region. These factors are expected to hamper the industry in the coming years.

Demand for gas calcined anthracite (GCA) accounted for over 25.0% of the overall market volume in 2016. GCA is manufactured by heating high-grade anthracite in gas-fired furnaces instead of using electricity. Properties offered by GCA are nearly similar to those offered by electrically calcined anthracite (ECA), which makes it suitable for steel or foundry applications.

Asbury Carbons and Rheinfelden Carbon are major manufacturers involved in the production of GCA. Rheinfelden Carbon offers two grades of GCA: standard and premium. The premium-grade product has higher carbon content as compared to standard grade, which makes it ideal for steel manufacturing applications.

Calcined coke is heated to temperatures as high as 2000°C, which converts conventional anthracite into a modified graphite structure with high carbon content. ECA products contain low moisture, sulfur, and ash, which makes them ideal for processes that require high-purity coal.

Product demand as a carbon source is expected to increase over the forecast period owing to cost reduction and consistent quality it offers as compared to other conventional products. In 2016, Elkem was the largest manufacturer of ECA in the world and primarily caters to the steel manufacturing industry.

The product is mainly used as a source of carbon in the steel industry. Its rising demand in the basic steelmaking process and in electric furnaces is expected to have a positive impact on the growth of the calcined anthracite market. Product application in steel manufacturing reduces the consumption of high-cost metallurgical coke, thus reducing overall production cost.

The electric arc furnaces segment was valued at USD 695.5 million in 2016. Calcined anthracite is added in electric arc furnaces along with other charging materials, such as petcoke, to remove metal oxides. Rising demand for highly pure and thermally- and electrically-stable coal products in the manufacturing of steel and other metals is expected to drive growth.

When fed into the blast furnace during the basic oxygen steelmaking process, the product plays an important role in eliminating impurities in the steel. During this process, flux, iron, and steel in the oven are removed, which results in formation of liquid steel. Increasing inclination of steel manufacturers toward the use of high-quality coke, which produces higher quality steel, is expected to have a positive impact on market growth over the forecast period.

Asia Pacific is expected to be the largest and fastest-growing market owing to the high steel production volumes offered by Asian manufacturers. China, Japan, and India collectively dominated the global steel production in 2016 and are expected to continue as market leaders over the forecast period, thus benefiting the regional market.

The market in Europe was valued at USD 429.1 million in 2016. Countries in this region are expected to register lower CAGRs as compared to those in Asia Pacific owing to declining steel production Europe, coupled with the widening demand-supply gap in the regional industry.

Russia is one of the major producers of anthracite in the world and a key exporter for major end users such as China, the U.S., and Germany. Russian raw material prices are relatively lower as compared to other major manufacturing regions such as Australia, which makes the country one of the major raw material suppliers in the market.

In 2016, the market in Japan was valued at USD 229.8 million. The country imports anthracite primarily from Russia and Australia. It imported over 6.3 million tons of anthracite in 2015, out of which 30.0% was imported from Australia and over 40.0% from Russia. With the rising demand in several end-use applications, anthracite imports into Japan are expected to increase over the forecast period.

Reduction in mining activities owing to growing environmental awareness among governments of various countries has resulted in declining coal production in the past few years. In addition, the decline in anthracite reservoirs is expected to increase competitive rivalry for raw material procurement, thus increasing the bargaining power of suppliers.

The industry has been witnessing a persistent demand-supply gap caused by the low availability of the raw material. Small-scale companies have survived in the industry owing to inadequate production volumes of major players. Many industry players are seeking to establish partnerships with anthracite mining companies to ensure constant raw material supply.

This report forecasts revenue and volume growth at a global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global calcined anthracite market size on the basis of technology, end use, and region:

  • Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Gas Calcined Anthracite
    • Electrically Calcined Anthracite
  • End-use Outlook (Volume, Kilotons, Revenue, USD Million, 2014 – 2025)
    • Pulverized Coal Injection (PCI)
    • Basic Oxygen Steelmaking
    • Electric Arc Furnaces
  • Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2014 – 2025)
    • North America
      • The U.S.
    • Europe
      • Germany
      • The U.K.
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
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The Global Airbag Market Size, Share & Trends, Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

The global airbag market demand is expected to witness considerable growth over the forecast period. Increasing demand for airbag modules, primarily automotive airbag, which is augmented by hefty demand for new cars is expected to drive the global market over the next few years. Airbags provide cushioning and protection to the passengers in the event of a car crash. These bags are primarily made of thin nylon fabric and remain folded into the steering wheel, dashboard, seat, door or roof. In the event of a collision, the crash sensor in the car sends signals to inflate the bags, thus mitigating the effect of the collision.

The industry is witnessing the development of new products and technologies including the pedestrian airbag, smart airbag, fuzzy logic software for airbag and occupant sensor system to meet the growing demand for smarter and safer airbags. Research & development efforts coupled with technological advancements are considered the most critical component of the industry value chain. These factors are anticipated to impact future demand for airbag modules favorably, thus, making it necessary for firms to align their technology strategy with generic business strategy. Due to intense competition, it becomes increasingly important for vendors to reach out to diversified geographical locations and venture into the untapped market.

Stringent government safety regulations coupled with increasing public awareness and general concerns for safety may fuel growth over the next few years. Development of rollover and side impact systems along with increased sophistication of systems and competitive dynamics is expected to spur product demand. Rising consumer acceptance, technology maturation, and economical prices may further push airbag utilization which is also anticipated to propel product market over the forecast period. Large scale vehicle manufacturers are emphasizing on promoting usage of airbags including occupant sensing systems and anticipatory crash technologies which is also expected to fuel growth. Better information flow, globalization and increasing amount of public awareness about safety in vehicles are making consumers aware of the technological changes related to security resulting in increasing demand for better safety equipment in automobiles.

Competitive and demanding customers instigate companies to focus more on product innovation and technology development that offers more reliability and enhanced features. The industry is also witnessing increasing licensing technology and partnerships with large airbag suppliers. Maturing supply bases in developed nations provide opportunity for low-cost production facility for airbag manufacturers. Improved fabric technologies resulting in reducing cushion weight and increasing foldability, thus developing advanced airbags. The industry is anticipated to witness robust growth over the next seven years owing to the aforementioned factors.

Due to high capital investment in plant and machinery coupled with technical know-how, entry and exit barriers are high in this business. Thus, intense rivalry among airbag module manufacturers refutes the entry of other players in the market. Airbags on two-wheelers, which can help reduce the severity of injuries caused by frontal collisions, provides tremendous opportunity for manufacturers. Stringent government regulations instigate automotive manufacturers to incorporate airbags in their vehicles which make these manufacturers buy airbags in large volumes resulting in increasing bargaining power of the manufacturer. Additionally, minimal product differentiation in airbag modules further increases the bargaining power of the buyer in this industry.

The industry has too much dependency upon OEMs (automobile manufacturers), which makes it prone to automobile market fluctuations. Due to the high growth rate in the industry, many companies desire to venture into this market, thus making it immensely competitive and gradually intensifying rivalry amongst the market players, which leads to lower bargaining power of airbag module manufacturers. High replacement cost results in the entry of counterfeit products which tends to act as a major threat for manufacturers in this industry. Increasing cost of airbags is likely to increase prices of vehicles negatively affecting the margins of OEMs which in turn pushes the supplier for cost containment making value chain very competitive. Driverless vehicles, anti-crash sensors, and vehicles using GPS (Global Positioning system) can impose serious threats to the airbag market. These advanced systems utilize radar and cameras to detect potential dangers which might overtake passive protection, such as airbags.

There are three critical elements in an airbag including crash sensors, inflation systems, and bags. Based on the location of airbags, the market is segmented into side airbag, frontal airbag, knee airbag, rear curtain and center airbag. Centre airbag followed by the side airbag constitutes a significant share of the demand.

North America is anticipated to expected to emerge as the fastest growing market closely followed by Asia. This may be primarily attributed to the various safety guidelines taken by the government agencies like National Highway Traffic Safety Administration’s (NHTSA). Asia Pacific is still in the nascent stage and the regional growth is expected to manifold due to reasons like hike in vehicle sales and demand for safer vehicles. Conveniently available raw materials and cheap labor in China tend to increase the production level in the region, making it Asia’s largest manufacturer of airbags.

Major industry participants include Takata Corporation, Denso Corporation, Toyoda Gosei Co. Ltd., Autoliv, Inc, Delphi Automotive PLC, Robert Bosch GmbH, Key Safety Systems Inc., Hyundai Mobis Co. Ltd, Continental AG. Most automobile companies have introduced airbags in their models. Market leaders including Maruti Suzuki and Ford have introduced dual front airbags in their hatchbacks and sedan models.

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