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Convenience to Play a Major Role in Boosting Zipper Market Growth

Overview:

The global market report on the zipper is showing the potential to surpass a valuation of USD 16,957.8 million by 2024, revealed Market Research Future (MRFR) in their report. This would be backed by a CAGR of 7.64% during the forecast period (2019-2024). The report discusses a lot of potential sectors that could boost the growth of the zipper market. These sectors are apparel, bags, shoes, and others. In the apparel segment, its convenience, and style are getting lauded. Its diversification is also getting backed by various functionalities. Among others, it is getting significant traction from makers of camping gears, pouches, seat covers, and mattresses. This is widening the scope for its operation.

However, in colder regions, some of the models malfunction owing to which the zipper market may lose some clients.

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Segmentation:

The global market for the zipper, as discussed in the MRFR report, can be studied on the basis of material type and application. Both these segments have several insights that can be used by market analysts for a better understanding of how it could move forward.

By material type, the global market report on the zipper market can be segmented into metal, coil, and molded plastic. The metal segment is getting substantial backing from various fashion designer brands.

By application, the global market report on the zipper market covers pointers like apparel, bags, shoes, and others. The apparel segment is leading the global market and its worth could surpass USD 7,887.86 million by 2024.

Regional Analysis:

The global zipper market has the Asia Pacific as in-charge. The regional market is the largest one and had almost 40.03% of the global share in 2018. This regional market is also predicted to record growth by 8.24% during the forecast period. China is helming the regional market outcomes. In the region, the production of apparel is growing due to which the market for the zipper would expand substantially.

In Europe, the market has the possibility of reaching a valuation of USD 4,334.9 million by 2024. In 2018, it was Germany that was dominating the regional market. This is happening due to the increasing consumer preference for luxury handbags where the metal zipper acts like an aesthetic booster. The North American market would also benefit from such consumer behaviors. In fact, both these regions have several countries where the temperature could go really low. This gives rise to the adoption of jackets where zippers often work well.

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Competitive Landscape:

The global zipper market is getting backed by various strategic developments made by influencing companies like YBS Zipper Group (South Korea), YKK Corporation (Japan), Riri SA (Switzerland), Ideal Fastener Corporation (US), Kao Shing Zipper Co., Ltd. (Taiwan), Max Zipper Co., LTD (Taiwan), Coats Opti (Germany), Salmi Oy (Finland), Triple Power (Fujian) Zipper Co., Ltd. (China), Sancris Linhas e Fios Ltd (Brazil), HHH Zipper (South Korea), Keen Ching Industrial Co., Ltd. (Taiwan), UCAN Zipper USA (US), Fujian SBS Zipper Science & Technology Co. Ltd. (China), Valiant Industrial Co., Limited (Taiwan), YCC Zippers (China), WeiXing Co., Ltd (China), Jinjiang Fuxing Zipper Co. LTD (China), and Wenzhou Great Wall Zipper Group Co., Ltd (China). Product innovation and design are major developmental areas using which these companies are trying to establish their dominance.

Industry News:

In February 2020, YKK launched a new magnetic zipper that is expected to make a significant impact in the apparel sector. This would make the use of zipper less fussy as a lot of people find the locking of zipper quite irritating.

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Emphasis on Hair Care to Drive Global Shampoo Market

Shampoos are personal care products used in the treatment of hair and other functional purposes. Major shampoo products contain keratin, the constituent material responsible for making hair, nails, and outer skin. Shampoo manufacturers have decided to include new ingredients which are less harmful and available naturally in the market. The global shampoo market report by Market Research Future (MRFR) consists of latest trends, drivers, and opportunities encompassing the industry.

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Market Outlook

The global shampoo market is predicted to enjoy a remarkable CAGR from 2019 to 2024 (forecast period). It is driven by the need for hair care products. The changing environment and impending need to maintain outward appearances are factors expected to fuel market demand. Manufacturers are investing in research and development to create products extending beyond hair care to produced specialty and medicated shampoos.

Consumer demand for natural ingredients is pushing the need for shampoos with organic ingredients. Shift from traditional avenues of marketing to bode high dividends for the global shampoo market over the forecast period. Celebrity endorsements via television commercials and social media channels have opened up new avenues for marketing of products. Development of small travel packs of shampoos can entice customers in buying products.

Segmentation Analysis

The global shampoo market is segmented by product type, function, and distribution channel.

By type, it is segmented into medicated shampoo, cosmetic shampoo, dry shampoo, children’s shampoo, and others. Cosmetic shampoos will register the highest growth rate during the forecast period due to being easily available and affordable as compared to its counterparts. It is available in various fragrances, colors, and forms. Medicated shampoos are touted to register a notable growth rate due to various hair related issues caused by pollution.

By function, it is segmented into anti-hair fall, volumizing, dry and damaged hair, anti-dandruff, daily-use, and others. The anti-hair fall segment is expected to gain high dividends due to hectic lifestyles and rising pollution levels. But the anti-dandruff segment is likely to register a significant growth rate due to changing dietary habits and harsh climes in various regions.

By distribution channel, it is segmented into store-based and non-store-based. The store-based segment can capture a large market share due to customers preferring a single shopping destination for hair care needs. On the other hand, the non-store-based segment can display an impressive growth rate due to increasing online shopping patterns of customers.

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Regional Analysis

North America, Asia Pacific, Europe, and Rest-of-the-World (RoW) are regions taken into consideration in the compilation of the global shampoo market report.

The APAC region held the highest market share due to the large population and need for products to combat hair fall due to pollution and other factors. Investment of conglomerates such as Unilever as well as collaboration with domestic players to capture the large market can bode well for the shampoo market in the coming years.

The North America region is expected to register the highest growth rate due to large disposable incomes of consumers and availability of latest products. Various buying mediums such as shopping channels, hypermarket chains, and online portals have made it easier for consumers and will boost the global shampoo market demand by 2024. Development of innovative products can further bolster the demand.

Competitive Analysis

Major industry participants in the global shampoo market include The Procter & Gamble Company, Kimberly-Clark Corporation, Shiseido Company, Limited, Unilever PLC, Kao Corporation, Beiersdorf AG, Church & Dwight Co., Inc., L’Oréal S.A., Henkel AG & Company, KGaA, Johnson & Johnson Services, Inc, and others. The market is highly competitive due to various manufacturers launching similar products with differentiation of price, quality, and quantity.

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Natural Products to Ensure Better Uptake for Hair Color Market

Overview:

The global hair color market report, released by Market Research Future (MRFR), predicts substantial growth for the market during the forecast period of 2019 to 2025. The entire period would see various factors providing a tailwind to the market. Changing fashion trends would play a huge role and along with it, social media where various influencers would launch new ideas. Constant funding for research and development projects are also going to ensure the market gets ample growth opportunities.

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Strict regulations are acting both as a restraint and an influencer. As a restraint, a lot of products are getting barred from entering the market for their side-effects. But it is also triggering the launching of natural products, which is a plus for the market.

Segmentation:

The global hair color market report, as discussed by MRFR, has been segmented into product type, form, and distribution channel. These segments are known to be the hosts of several valuable inputs and insights that can ensure an easy understanding of the market.

By product type, the hair color market can be segmented into permanent and temporary. Changing fashion trends are boosting the use of temporary ones.

By form, the report relies on segments like powder, cream, and others. The cream segment is expecting a good lead.

By distribution channel, the global report on the hair color market would be backed by segments like store-based and non-store-based. The store-based segment includes supermarkets and hypermarkets, specialty stores, and others.

Regional Analysis:

North America has the chance to dominate the hair color market in the coming years as the regional exposure to various products, high disposable income, the better impact of the entertainment industry and social media, improved marketing styles, and constant investment to develop new products would influence the market. The US and Canada would be the major revenue-providers.

Europe would also relish their position in the market and better investment in product development is providing ample tailwind to the market. A lot of brands are operating from the region and their reach is substantial in other regions owing to which the revenue generation process is getting a boost. The Asia Pacific region is the fastest-growing as the massive population here is getting exposure to various entertainment-related activities and social media. Global players are also putting in efforts to capture this huge market, which is triggering growth for the market. The Middle East & Africa would record sluggish growth and it would be hindered due to the presence of poor economic growth.

Competitive Landscape:

The global market report on hair color contains details of major impacting companies like Revlon Consumer Products Corporation (US), L’Oréal S.A. (France), Avon LLC (UK), The Procter & Gamble Company (US), The Estée Lauder Companies Inc. (US), Conair Corporation (US), Hoyu Co., Ltd (Japan), Coty, Inc. (US), Godrej Consumer Products Limited (India), and World Hair Cosmetics Co Ltd (Hong Kong). These companies are launching their innovative strategies to make sure that the market gets ample backing from several quarters. Their strategies often rely on branding ideas, marketing forms, mergers, collaborations, rising investments in R & D and others.

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Industry News:

In February 2020, L’Oréal from France announced the launching of their new holographic color, which they believe would be the trend in 2020. It would also come with other color variants like Feria Cool Amethyst, Superior Preference Lilac Opal, and others.

In January 2020, Revlon launched a new product Total Color, which would be vegan in origin and would deliver permanent hair color with 100% coverage of all the hair types.

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Candles Market Driven by Growing Demand for Aromatherapy Candles

The global candles market is expected to exhibit a strong 4.26% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The market is expected to reach a valuation of more than USD 13 billion by 2023. The global candles market is profiled in great detail in the research report, providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the candles market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the candles market’s growth trajectory over the forecast period are provided in the report. The leading players in the global candles market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global candles market. The major drivers and restraints affecting the global candles market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.

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Candles are light sources made from various types of wax and a wick made from fibrous substances. The burning of candles is due to the capillary effect, as wax from the candle is drawn up into the wick and burns with a yellow flame. About a quarter of the energy gained from a candle is in the form of heat, the rest being light. The wax in a candle can come from various sources such as paraffin wax, beeswax and other animal sources, or vegetable sources. Paraffin is the most widely used substance in candles.

The increasing demand for scented candles for aromatherapy and stress relief is likely to be the major driver for the global candles market over the forecast period. Scented candles have come into their own in the 21st century, as alternative healthcare modalities have become widely popular and aromatherapy has caught steam.

Competitive Leaderboard:

Leading players in the global candles market include Bath & Body Works Direct Inc., Colonial Candle, Armadilla Wax Works Inc., Candle-lite, The Yankee Candle Company Inc., SC Johnson & Son Inc., BeCandle, Empire Candle Co. LLC, Zhong Nam Industrial (International) Co. Ltd., Dandong Everlight Candle Industry Co. Ltd., and Dianne’s Custom Candles LLC. Product development and innovation is likely to be a major tactic for players in the global candles market over the forecast period. Coming up with new flavors and scents is likely to help companies establish a stronger presence in the global candles market.

In January 2019, Birks Group Inc. launched new candle products, named Birks Candle and Birks Boreal.

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Segmentation:

The global candles market is segmented on the basis of material type, category, distribution channel, and region.

By material type, the global candles market is segmented into paraffin wax, synthetic wax, vegetable wax, and animal wax. Paraffin wax dominates the global candles market and is expected to rise to a valuation of USD 6.1 billion by 2023. The vegetable wax segment is expected to grow at the highest CAGR, of 4.63% over the forecast period.

By category, the global candles market is segmented into luxury and economic. Economic candles dominate the global candles market, but luxury candles are expected to grow at a rapid growth rate over the forecast period due to the growing demand for luxury candles.

By distribution channel, the global candles market is segmented into store-based and non-store-based. Non-store-based channels are likely to become increasingly important for the global candles market due to the growing presence of candle sellers on online shopping portals.

Regional Analysis:

North America dominates the global candles market, accounting for more than 36% of the market in 2017. Europe accounted for the second largest share of 32.71% in the global candles market in 2017.

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Gypsum Boards and Gypsum Plaster Market – Global Top Players, Demand, Sales, Consumption and Forecasts 2020 to 2026

Gypsum Boards and Gypsum Plaster Market 2020

This report studies the global Gypsum Boards and Gypsum Plaster market status and forecast, categorizes the global Gypsum Boards and Gypsum Plaster market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).

The major manufacturers covered in this report
BNBM
Saint-Gobain
Etex Corp
Knauf
USG
National Gypsum
Boral
Yoshino
Baier
Jason
K Lakshmi Cement
Mohta Cement
THRAKON
Walplast
Trimurti
MagicPlas

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Gypsum Board
Gypsum Plaster

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Residential
Commercial
Industrial
Other

 

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Table of Contents –Analysis of Key Points

Global Gypsum Boards and Gypsum Plaster Market Research Report 2018
1 Gypsum Boards and Gypsum Plaster Market Overview
1.1 Product Overview and Scope of Gypsum Boards and Gypsum Plaster
1.2 Gypsum Boards and Gypsum Plaster Segment by Type (Product Category)
1.2.1 Global Gypsum Boards and Gypsum Plaster Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Gypsum Boards and Gypsum Plaster Production Market Share by Type (Product Category) in 2017
1.2.3 Gypsum Board
1.2.3 Gypsum Plaster
1.3 Global Gypsum Boards and Gypsum Plaster Segment by Application
1.3.1 Gypsum Boards and Gypsum Plaster Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.3.5 Other
1.4 Global Gypsum Boards and Gypsum Plaster Market by Region (2013-2025)
1.4.1 Global Gypsum Boards and Gypsum Plaster Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 North America Status and Prospect (2013-2025)
1.4.3 Europe Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 Southeast Asia Status and Prospect (2013-2025)
1.4.7 India Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Gypsum Boards and Gypsum Plaster (2013-2025)
1.5.1 Global Gypsum Boards and Gypsum Plaster Revenue Status and Outlook (2013-2025)
1.5.2 Global Gypsum Boards and Gypsum Plaster Capacity, Production Status and Outlook (2013-2025)

7 Global Gypsum Boards and Gypsum Plaster Manufacturers Profiles/Analysis
7.1 BNBM
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 BNBM Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.1.4 Main Business/Business Overview
7.2 Saint-Gobain
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Saint-Gobain Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.2.4 Main Business/Business Overview
7.3 Etex Corp
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Etex Corp Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.3.4 Main Business/Business Overview
7.4 Knauf
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.4.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 Knauf Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.4.4 Main Business/Business Overview
7.5 USG
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.5.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 USG Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2015-2018)
7.5.4 Main Business/Business Overview
7.6 National Gypsum
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 National Gypsum Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.6.4 Main Business/Business Overview
7.7 Boral
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.7.2 Gypsum Boards and Gypsum Plaster Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 Boral Gypsum Boards and Gypsum Plaster Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.7.4 Main Business/Business Overview

Continued….

 

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Polypropylene Catalyst Market: Size, Share, Segments, Trends, Demand, Key Player profile and Regional Outlook by 2023 | Impact of COVID-19

Polypropylene catalysts are used to obtain different types of polypropylene based on stereospecificity, C-monomer distribution, and degree of linearity. The demand of high-grade polypropylene is increasing in the automotive industry due to the need of improved thickness, toughness, and other essential characteristics.

Polypropylene catalysts are categorized into Ziegler–Natta (ZN) catalyst, metallocene catalyst, and others. On the basis of product type, the Ziegler–Natta segment is expected to be the largest market during the forecast period due to the good morphology control and profitability offered by these types of catalysts. Metallocenes, are costly but they produce high-grade, stereospecific polypropylene and a highly defined microstructure. Owing to the relatively low cost and easy controlled production of polypropylene, the Ziegler-Natta segment is projected to be the largest and fastest-growing polypropylene catalyst market during the forecast period.

On the basis of manufacturing process, the global polypropylene catalyst market has been categorized as gas-phase process, bulk phase process, and others. The gas-phase process segment is projected to be the largest and fastest-growing market owing to the cost-effectiveness of the process and the purity of polypropylene produced with minimal residue..

By application, the global polypropylene catalyst market has been segmented into films, fibers, tubes, injection-molded products, and others. The injection-molded products segment is expected to be the largest during the forecast period as these products are widely used in vials and suture materials for surgery and in automotive interiors. Due to the growth of the medical and automotive industries, the injection-molded products segment is projected to be the largest market during the review period.

Based on end-use industry, the global polypropylene catalyst market has been segregated into automotive, packaging, medical, chemicals, and others. Automotive industry is expected to be the largest and fastest growing market during the forecast period owing to the profitability, and its resistance to aggressive chemicals and moisture. Polypropylene catalysts is largely used in the production of automotive components such as bumper facias, instrument panels, and door panels. Rapid industrialization and increasing demand for automobiles are the major drivers for the global polypropylene catalyst market.

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Market Segmentation

The global polypropylene catalyst market has been segregated based on product type, manufacturing process, application, end-use industry, and region.

On the basis of product type, the global polypropylene catalyst market has been categorized as Ziegler-Natta catalyst, metallocene catalyst, and others.

Based on manufacturing process, the global polypropylene catalyst market has been divided into bulk process, gas-phase process, and others.

By application, the global polypropylene catalyst market has been classified as films, fibers, tubes, injection-molded products, and others.

Based on end-use industry, the global polypropylene catalyst market has been segmented into automotive, packaging, medical, chemicals, and others.

The global polypropylene catalyst market has been studied across five regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Regional Analysis

The global polypropylene catalyst market has been analyzed with respect to five regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The North American polypropylene catalyst market is projected to be the largest during the forecast period owing to increasing product demand in the automotive industry. The US is expected to be the leading market in the region due to the presence of major polypropylene catalyst manufacturers such as Univation Technologies, LLC and W.R. Grace & Co.-Conn.

The market in Asia-Pacific is estimated to register the highest CAGR during the assessment period owing to the rising demand in end-use industries such as chemicals, packaging, automotive, and medical. Low labor costs, increasing per capita income, and easy raw material availability are the major drivers for the growth of the regional polypropylene catalyst market. China accounted for the largest market share in  2017 due to the increased production of automotive and medical equipment

The Latin American market is projected to witness sluggish growth owing to the limited demand for polypropylene catalysts. The market in the Middle East & Africa is expected to grow at a moderate pace in the coming years due to rising polypropylene production with Egypt accounting for the largest share of the regional market.

Competitive Analysis

The key players in the global polypropylene catalyst market are LyondellBasell Industries Holdings BV (Netherlands), Clariant (Switzerland), Mitsui Chemicals, Inc. (Japan), China Petrochemical Corporation (China), Japan Polypropylene Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Reliance Industries Limited (India), SABIC (Saudi Arabia), Univation Technologies, LLC (US), and W.R. Grace & Co.-Conn (US).

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

COVID-19 Study in Detail:

COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market 

COVID-19 Outbreak Impact on Carbon black Market

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Imaging Chemicals Market: COVID – 19 Outbreak, Key Player profile, Size, Share, Trends, Demand and Regional Outlook by 2023

In the market, imaging chemicals are available in the form of various products namely imaging agents & toners, printing inks, image developers, anti-fogging agents, and others. Among these product types, the imaging agents & toners segment is expected to grow significantly due to the high investments in R&D, new product development, and their rising use in medical diagnosis. Some of the imaging agents widely used are tetraxetan & its derivatives for MRI, contrast agents containing iodine for X-ray, fluorescent imaging agents for funduscopy/ ophthalmoscopy, and others. Printing inks remain the second largest contributor owing to the growth of the printing & packaging and textile printing applications. Printing inks are used as binders, carriers, additives, and pigments in these applications, which is likely to propel the market growth. The anti-fogging agents are used in both film and paper developing to prevent fogging or blurring of the image by enhancing the image contrast boundaries, preventing bleed of silver halide crystals during exposure and development.

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The application segment of imaging chemicals market includes medical diagnostics, packaging & printing, textile processing, mining, and others. The medical diagnostics application is the dominating the global imaging chemicals owing to the rising geriatric population and increasing cancer-related incidences across the globe. Furthermore, increasing health awareness amongst the consumers coupled with the high spending in health treatment is likely to fuel the demand for imaging chemicals in the medical sector. The technological advancements in packaging and textile processing are one of the factors projected to augment the market growth over the forecast period.

Regional Analysis

The global imaging chemicals market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific accounted for the largest market share in 2017 on account of the increasing demand from the medical sector. This growth can be attributed to the rising geriatric population and the health awareness amongst the consumers coupled with high disposable income of the people in this region.

The high demand from the medical, packaging, and mining applications is expected to drive the imaging chemicals market in North America.

Europe is projected to witness a significant growth due to the huge investment in the medical and healthcare sector in the region.

Competitive Analysis

Some of the manufacturers operating in the global imaging chemicals market are Eastman Kodak Company (U.K), Vivimed Labs (India), DIC CORPORATION (Japan), Flint Group (Luxembourg),  SAKATA INX CORPORATION (Japan), TOYO INK SC HOLDINGS CO., LTD. (Japan), Siegwerk Druckfarben AG & Co. KGaA  (Germany), T&K TOKA Corporation (Japan), Fujifilm (Japan), and Qingdao Scienoc Chemical Co., Ltd (China).

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

COVID-19 Study in Detail:

Impact of COVID-19 on Iso-Propyl Alcohol Market

Impact of COVID-19 on Steel Extruded Products Market

Coronavirus Outbreak and Plastic Films Market

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Global Automotive Fasteners Market 2020 Size, Share, Leading Players, Competitive Analysis, Growth, Global Industry Forecast To 2023

Global Automotive Fasteners Market 2020

Global automotive fasteners market, according to a recent report published by Market Research Future (MRFR), is poised to rise at a moderate CAGR of 4.5% and register a substantial market valuation over the review period.

Drivers and Restraints

The constant growth in the sales of automobiles and the rising automotive components industry fuel the automotive fasteners market. The increasing need for technical development and design improvement in automotive fasteners is touted to raise the demand for the global market for automotive fasteners over the review period. The trend for using expendable fasteners in vehicles is expected to enhance the ease of use for automotive fasteners further and boost the market growth. The improved demand for vehicle stability and decreased vehicle weight will lead to the preference of fasteners over the welding. This is poised to create growth opportunities for the global automotive fasteners market players in the foreseeable future. In recent times, manufacturers have substantially been focusing on improving the design and quality of fasteners. They have been obtaining design companies for enhancing the designs of their automotive fasteners. However, there are numerous substitutes in the global market for automotive fasteners such as welding and clinching, which might hamper the market growth over the assessment period. Moreover, the sizeable unorganized aftermarket for automotive fasteners might also be a challenge for the manufacturers.

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Segmental Analysis

The global market for automotive fasteners is segmented on the basis of type, distribution channel, end-use, and material, region. On the basis of the type, the market has been bifurcated as threaded and non-threaded. On the basis of material, the automotive fasteners  market has been segmented as aluminum, iron, stainless nickel, steel, and others. On the basis of the distribution channel, the market has been bifurcated as OEM and aftermarket. On the basis of end-use, the automotive fasteners market has been segmented as removable, semi-permanent, and permanent.

Regional Analysis

On the basis of the region, the global market of the automotive fasteners is divided into North America, Asia-Pacific, Europe, and the Rest of the World (RoW). Asia-Pacific is poised to hold the highest market share in terms of both value and volume, due to the augmented sales in the aftermarket of fasteners in Asia-Pacific. The rapid rise in the sales of automobiles in the market of Asia-Pacific will expand the global automotive fasteners market over the review period. An increase in industrialization and urbanization, increased sales of different cars, and the trend of using high-performance fasteners in vehicles will increase the sales of the product in Asia-Pacific and create opportunities in the region. Europe is anticipated to lead in terms of CAGR over the forecast period. The presence of top manufacturers of automobiles and their parts in a higher concentration in Europe will minimalize the costs and enhance sales due to augmented demand for quality and innovative design within automotive fasteners and growing sales .

Competitive Analysis

The major market players in the automotive fasteners market include Permanent Technologies Inc. (US), Shanghai Tianbao Fastener Manufacturing Co., Ltd. (China), The Phillips Screw Company (US), Bulten AB (Sweden), Atotech (Germany), and Shamrock International (US). Nifco Inc. (Japan), Jiangsu Xing Chang Jiang International Co., Ltd. (China), KOVA Fasteners Pvt Ltd (India), and Westfield Fasteners Limited (UK) are some of the others.

The market players operating in the global insurance market are slated to increase the investments towards research and development projects and expand the competitive dynamics of the global automotive fasteners market with business strategies such as joint ventures, acquisitions, mergers, and partnerships, among others. These are poised to create growth opportunities in the market over the review period.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Global Automotive Electronic Brake System Market 2020 Analysis By Size, Trends, Share, Growth, Region And Industry Forecast To 2023

Global Automotive Electronic Brake System Market 2020

The global automotive electronic brake system market, according to a report by Market Research Future (MRFR), is expected to acquire a notable market valuation at a moderate CAGR of 5.4% over the review period.

Drivers and Restraints

Automotive electronic braking system market is advancing towards a steady growth owing to multiple benefits over the conventional systems such as a reduction in a number of brake system components, lower maintenance, predictive braking controls, and improved diagnostic of the complete system. The rising demand for passenger cars and light commercial vehicles is primarily fueling the sales of automotive electronic braking systems. With the advent of electric and hybrid cars in emerging markets, demand for effective braking systems that assist in an overall reduction of vehicle weight, and improving vehicle efficiency is high. Therefore, the need for automotive electronic braking systems is anticipated to escalate significantly. On the other hand, the capital intensive nature of the equipment is likely to have a hindering impact on the sales of the automotive electronic brake system market over the review period.

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Segmental Analysis

The global market for automotive electronic brake system is segmented on the basis of vehicle type, components, technology, sales channel, and region. The vehicle type segmentation of the market is done into passenger vehicles and commercial vehicles. The technologies deployed in the global market for automotive electric brake systems are autonomous emergency braking, brake assistance, electronic stability control, and anti-lock braking systems. The vehicle segment is further segmented as sensors actuators, control units, and others. The sales channel segment is bifurcated as OEM and aftermarket.

Regional Analysis

On the basis of region, the global automotive electronic brake system market is segmented into Europe, North America, Asia-Pacific, and the Rest of the World. North America is one of the major regional markets for automotive electronic brake systems and is slated to attain the most significant market share over the review period. Factors such as the recent government regulations and initiatives to enhance vehicle safety and the presence of leading automobile manufacturers in this region are predicted to fuel the market in the North American region. The US is touted to lead the automotive electronic brake system market in the North America region. The rising demand for advanced safety systems in vehicles is expected to drive the demand for automotive electronic brake systems in the US. Europe is poised to account for the substantial market share over the assessment period. The augment in the production and sale of vehicles and rising demand for advanced safety features are the factor fueling the automotive electronic brake system market in the Europe region. Additionally, Asia-Pacific is estimated to dominate the market during the forecast period. The presence of strict safety norms and firm government regulations towards vehicle safety in countries like Japan, South Korea, India, and China are poised to drive the Automotive Electronic Brake System growth in the Asia-Pacific region. China, with its large vehicle production and sales and is expected to hold the prominent market share in the Asia-Pacific region. The demand for the automotive electronic brake system in the Rest of the World region is driven by the growing GDP of the countries and the rising demand for passenger automobiles over the review period.

Competitive Analysis

The major market players identified by MRFR in the global Automotive Electronic Brake System market include Knorr Bremse AG (Germany), Continental AG (Germany), Advics Group (US), Autoliv Inc. (Sweden), Denso Corporation (Japan), Delphi Automotive Plc (US), Haldex AB (Sweden), Robert Bosch GMBH (Germany), ZF TRW Automotive (US), Wabco Holdings Inc. (US), among others.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Automotive Retread Tires Market To Grow At 5% CAGR | Global Size, Industry Development, Challenges, Opportunities, Market Entry Strategies till 2023

Automotive Retread Tires Market 2020

The automotive retread tires market are also referred to as remold tires. Retread tires is the process of remanufacturing of worn out and old vehicle tires. The process of remanufacturing replaces the worn out tires with new tires. The remanufacturing of tires includes 20% of the material cost and 90% of the material employed in worn out tires. Additionally, retread tires are ecological product solutions and the vertical is experiencing sustenance from several government authorities which spurs awareness about the application of retread tires. Worldwide automotive retread tires market has experienced substantial growth and is predicted to surge at 5% CAGR. Growing demand for tires from fleet owners is the key influencing factor for the expansion of the global automotive retread tires market. OICA declared that there is a constant rise in the consumption of tires within the passenger car section and specifically in heavy commercial automobiles, which spikes up the requirement for retread tires in the vehicles. Strict government regulations and augmented ecological concerns will augment the demand for retread tires among the consumers and manufacturers. High-cost advantages from the retreading of worn out and old tires will open up new avenues for the new manufacturers within the worldwide market. The tire manufacturers asserts that the retreading of dilapidated tires will save at least 30% of the total cost as compared to the new ones. This influences the environment in a positive way. Bridgestone Corporation and the Goodyear tire manufacturing company is capitalizing heavily in the assessment and development of old tires. However, the US National Highway Traffic Safety Administration (NHTSA) distinguishes the consumer behavior about the usage of retread tires. The NHTSA is conducting research about the section of tire condition from retreading of tires in comparison with new tires. However, awareness and consumer satisfaction related to the retread tire is the key concern for retread tire manufacturers.

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Market Segmentation

Worldwide automotive retread tires market is segmented based on sales channel, process type, region, and vehicle type. Based on process type, the market is segmented into mold cure and pre cure. Based on sales channel, the market is segmented into aftermarket and OEM. Based on vehicle type, the market is segmented into light commercial vehicle, heavy commercial vehicle, and passenger car.

Regional Analysis

Based on geography, the global market for the automotive retread tires is categorized into Asia-Pacific, Europe, North America, and the Rest of the World. Asia-Pacific market is estimated to represent the largest CAGR for automotive retread tires. Surged vehicle consumption in economies such as India and China is anticipated to affect the sales for the automotive retread tires positively. Surge in strict government regulations and environmental alertness in China and other economies will positively impact the consumption and manufacturing of retread tires in the automobile sector. This in turn triggers the market growth in the APAC market.

Europe employed strict norms like EC Regulation 109 and EC Regulation 108 concerning the remanufacturing of commercial vehicle and passenger car tires. These regulations will dictate the recycling of secondhand tires. Besides, in the US, the transport department is prepared to incorporate the “DOTR Number”, which offers you the information about the year and name of the retreaded. The promising government policies is predicted to play a noteworthy role in the positive growth of the automotive retread tires in North America and Europe. The rest of the world includes South America and the Middle East and Africa. The Middle East and Africa is projected to lead the market throughout the assessment period.

Key Players

The key players ruling the global automotive retread tires market include The Goodyear Tire & Rubber Company (US), Bridgestone Corporation (Japan), Marangoni S.p.A. (Italy), Michelin (France), MRF Tyres (India), Nokian Tyres plc (Finland), JK Tyres (India), KRAIBURG AUSTRIA GmbH & CO. KG (Austria), Eastern Treads (India), and Pilipinas Kai Rubber Corporation (Philippines).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.