Thursday 4 July 2019

Protective Coatings Market Size, Trends, Share, Top Leaders Overview, Key Development Till 2026 | Research Report by CMI

Global Protective Coatings Market – Insights
A protective coating is a layer of material, which is applied on the surface of another material with the aim of preventing or inhibiting corrosion. Protective coating can be classified into metallic and non-metallic coatings. Commonly used materials in metallic protective coatings include aluminum, zinc, and chromium, whereas, non-metallic protective coating’s material include epoxies, polyurethanes, and polymers. Protective coatings find applications in consumer products as well as in heavy machinery, marine, and oil & gas industry, etc.
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Major players operating in the global protective coatings market include Akzo Nobel N.V., The Valspar Corporation, PPG Industries, Inc., Arkema Group, Kansai Paint Co. Ltd, The Sherwin-Williams Company, Sika AG, Wacker Chemie AG, Hempel A/S, and Jotun.
Increased investment by leading players in developing regions, owing to low labor cost, less stringent environmental regulations, and cheap manufacturing costs is expected to boost the production for protective coatings market. For instance, in June 2015, Axalta Coating Systems Ltd. announced establishment of a new waterborne coatings facility in Wuppertal, Germany, which was in line with the company’s strategy to provide a sustainable coating solutions. Furthermore, in December 2014, PPG Industries, Inc. completed expansion of its Cheonan, South Korea, facility, which cost around US$ 12 Mn, and enabled increased production capacity of waterborne coatings. Increased adoption of water-based coatings as compared to solvent-based coatings is likely to drive the demand for water-borne segment in the near future.
Factors such as volatility of raw material costs along with low replacement rate of solvent-based coatings is expected to hinder growth of the market in the near future. The major raw materials used in paints and coatings industry are pigments, solvents, binders, additives, and white urea, with raw materials accounting for around to 49% of total costs. Growth of the global protective coatings market is affected by various macroeconomic factors and price fluctuations of crude oil and logistics costs. This scenario is likely to have adverse impact on the growth of protective coatings market over the approaching years.
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The global protective coatings market was valued at US$ 16.39 Bn in 2018, and is expected to register a CAGR of 8.7%, in terms of revenue over the forecast period (2019-2027), to reach US$ 34.81 Bn by 2027.
Solvent-based coating gives more resilient finish than waterborne and powder-based coatings, making it easier to wipe. However, it tends to become brittle as the coating ages. Solvent-based coating provides high block resistance, i.e., when two painted surfaces come into contact, they do not stick to each other and are more tolerant to adverse weather conditions such as high humidity during the drying period. Owing to advantages offered by the solvent-borne coatings, the demand for solvent-borne coatings is expected to boost in the near future.
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Wednesday 3 July 2019

Bio-based Chemicals Market: Trends Research and Projections for 2018 – 2026

The global bio-based chemicals market size is expected to witness potential gains in the future, and register a significant CAGR of 15.74% over the forecast period (2019 – 2027).
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Market Overview
Bio-based chemicals are products derived from plants and other renewable agricultural, marine, and forestry materials. Some of the examples of bio-based chemicals include, non-food starch, cellulose fibers and cellulose derivatives, tall oils, fatty acids, and fermentation products such as ethanol and citric acid. Methane, methanol, carbon monoxide, and formic acid are some commercially produced and used bio-based chemicals. Anaerobic digestion or fermentation of biodegradable materials, syngas, and biofine processes are some of the methods used to produce bio-based chemicals. Bio-based chemicals are used in various applications such as production of biogas and synthesis gas. Bio-based chemicals are also used in the agriculture sector in the form of bio-pesticides and bio-fertilizers.
Key Players
Some of the key players in the global bio-based chemicals market include, BioAmber Inc., Danimer Scientific, Metabolix, Inc., Myriant Corporation, NatureWorks LLC, Koninklijke DSM N.V., PTT Global Chemical Public Company Limited, Corbion, BASF SE, Braskem, Mitsui & Co., Ltd., Mitsubishi Chemical Corporation, Synbra Holding BV, Zhejiang Hisun Biomaterials Co., Ltd, and Teijin Limited.
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Market Dynamics
Increasing demand for biofuels in order to mitigate the impact of greenhouse gas emission and pollution is expected to contribute to the market size for bio-based chemicals. Moreover, fluctuations in crude oil prices can also boost the market growth. Bio-chemicals can also be used to produce degradable plastics. Microorganisms can convert cornstarch into a resin that is as rigid as petroleum-based plastics. Increasing demand for bio-based chemicals from the pharmaceutical industry is also expected to boost the market growth. In the pharmaceutical industry, bio-based chemicals are used for the development of medicines & therapies.
Lack of legislation regarding production and use of bio-based chemicals is major factor retraining growth of the market. Several countries lack the presence and implementation of law or legislation about production, usage or waste management of bio-based chemicals. Recycling of bio-based chemical products is also a major issue as bio-based chemicals might actually contaminate the recycling process when not separated from conventional chemical products. High costs of bio-based chemicals compared to their conventional counterparts may play a significant role in market outlook. However, large-scale industrial production may help to reduce costs.
Market Outlook
Asia Pacific is expected to hold dominant position in the global bio-based chemicals market over the forecast period. This is attributed to increasing demand for clean energy and significant growth of pharmaceuticals industry in the region. Europe is expected follow Asia Pacific in terms of market share, owing to increasing development of value chains with bio-based feedstock.
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Tuesday 2 July 2019

Global Agricultural Microbials Market Scope, Revenue, Share, Leading Manufacturers, and Future Forecast Till the end of 2026

Microorganism or also known as microbe are microscopic organisms that are available in a colony of cells or single cell. Some microorganisms possess biosynthetic capabilities under certain environmental condition making them valuable against pests and diseases on crops. In agricultural biology, microbials are produced from naturally occurring microorganisms namely fungi and bacteria. These agricultural microbials are used to augment the nutritional value and productivity of the plant. These are considered as profitable solutions to get a sustainable product, increase yield, and keep them away from pests. Different type of microbials are used in agricultural biology such as fungi, bacteria, viruses, and algae. These microbials play a crucial role in increasing the yield of fruits, grains, vegetables, poultry, and even milk. Moreover, the soil is one of the most important parts of agriculture where microbials are present, playing a vital role in enhancement of crop yield.
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Market Outlook
Global agricultural microbials market size was valued at US$ 3.087 billion in 2017 and is expected to exhibit a CAGR of 14.22% during the forecast period (2019-2027). Increasing demand for food products is expected to boost the global agricultural microbials market. For instance, according to Harvard Business Review, world food demand is expected to increase between 59% and 98% by 2050. Furthermore, novice production techniques that would not harm the crop yield is expected to boost the market during the forecast period. Moreover, key players are focusing on developing innovative products to obtain better crop yield, which will drive the market growth. However, limited shelf life of these microbes is expected to hamper the use of agricultural microbials, eventually hindering the market growth. Moreover, ever-changing weather conditions are also limiting the market growth.
Market Regional Analysis
Europe and North America are expected to witness lucrative growth of agricultural microbials market during the forecast period. This is owing to increasing demand for organic food in various regions. Furthermore, the U.S. is expected to register significant market share in the North America region, owing to rigorous environmental laws in agricultural sector. Moreover, Asia Pacific is expected to witness substantially growth in the market, owing to increasing production of sub-tropical and tropical fruits and vegetables. Rapidly growing population in emerging economies such as India and China is expected to boost the global agricultural microbials market. Moreover, increasing demand for food and agricultural products is expected to support the market growth.
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Key Players
Major players operating in global agricultural microbials market include Sumitomo Chemical Co., Ltd., BASF SE, Syngenta AG, Bayer CropScience AG, Monsanto, Novozymes, and Arysta LifeScience Limited.
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Monday 1 July 2019

Egg Packaging Market Size, Trends, Share, Top Leaders Overview, Key Development Till 2026 | Research Report by CMI

Egg packaging is made of various materials such as foamed plastic, paper, and molded pulp. An egg needs extremely secure packaging, owing to the porous and fragile nature of egg shells. It is done to protect eggs from breaking and to limit the monetary losses due to eggs breaking. Egg packaging is made according to the type of eggs, size of eggs, and global standards.
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Market Dynamics
Increasing production of eggs globally is one of the major factors propelling growth of the global egg packaging market. Moreover, the rapid growth of the packaging industry with innovation of environment-friendly packaging will positively affect the global egg packaging market. For instance, according to study conducted by, the Centre for Agriculture and Rural Development (CARD) - a non-governmental organization, India is the third largest producer of eggs. Furthermore, in 2018, the egg production in India was 92.63 billion units, which was increased from 66.50 billion units in 2011, increased at a CAGR of 5.8%.
Market Outlook
North America held dominant position in the global egg packaging market in 2018, attributed to increasing production of eggs and innovations in packaging industry with considering environment-friendly packaging. For instance, GreeNest is one of the innovative egg packaging solutions, which is made up of 50% grass fiber and reduces 50% of water consumption during its production. These kind of innovations help to boost the global egg packaging market by considering environmental factors.
Moreover, according to the report published in 2018 by U.S. Department of Agriculture (USDA), the U.S. is the second largest producer of eggs after china. Total eggs production in the U.S. was 8.79 billion units in 2018, which is increased by 1% as compared to production in 2016.
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Key Players
Key players operating in the global egg packaging market include, Hartmann, Huhtamaki, Tekni-Plex, Europack, MyPak Packaging, Dispak, Celluloses De La Loire (CDL), DFM Packaging Solutions, Ovotherm, Pactiv, Primapack, Sanovo Technology Group, StarPak, DAVA Foods and others.

Market Taxonomy
On the basis of material type, the global egg packaging market is segmented into:
  • Paper
  • Paperboard
  • Recycled
  • Molded cup
  • Others
  • Plastic
  • Polyethylene
  • Terephthalate
  • Polystyrene
  • Others
  • Others
On the basis of packaging type, the global egg packaging market is segmented into:
  • Egg Cartons
  • Egg Trays
  • Others
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Friday 28 June 2019

Plastic Pallet Market: Developments, Growth and 2018-2026 Forecast Research Study

A pallet is a type of platform for transportation and storage of goods. It can be used as a material for storing, sorting and assembling goods in warehouses, as well as in manufacturing units, which are then lifted by jacking devices such as cranes or pallet jacks, forklifts, and front loaders. Pallets are used in various manufacturing industries for material handling activities and are considered to be an inexpensive way of handling goods.
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Key Players:-
Major players operating in the global plastic pallet market include, Inc., CTC Plastics, Greiner Assistec, Cabka North America, Purus Plastics GmbH, Plastic Products, Inc., Brambles Limited, Rehrig Pacific, Enlightening Pallet Industry Co., Ltd., Schoeller Alliber, SDI Packaging, Agrico Plastics Ltd., Bulk-Flow Company, Goplastic Pallet, and others.
Market Dynamics:-
The growing housing and construction sector coupled with increasing manufacturing unit is expected to fuel growth of the plastic pallet market. Among product type, lumber plastic is a type of plastic which is manufactured from either recycled or non-recycled plastic. Unlike wood composites, lumber plastic is 100% plastic. The product has certain advantages over wood and wood composites which include high impact resistance, durability, moisture resistance, resistance to fungal contamination, and others. They can be used for applications such as food & beverages, pharmaceuticals, and chemicals among others.
Market Outlook:-
Rising the import and export of food & beverage along with pharmaceuticals has further boosted the need for durable and reliable product storing materials, thus, fueling demand for plastic pallets. Factors such as light weight, durability, less labor requirement, and low-cost in terms of floor space, is projected to become the fastest growing material segment among other materials, globally.
Asia Pacific holds dominant position in plastic pallet market owing to increasing population and rise in disposal income of the consumers. According to the China-Britain Business Council, China is the world's largest consumer market for food and beverage products. The import of food & beverages products from Spain to China increased by 48%, and 11% from France in 2015, as a result of rising disposable income in the region. Therefore, significant increase in demand of food and beverage products is expected to drive the plastic pallet market in Asia Pacific region during the forecast period.
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Thursday 27 June 2019

Weight Loss Diet Products Market Size, Trends, Share, Top Leaders Overview, Key Development Till 2026 | Research Report by CMI

The proven ways to lose weight are cutting calories, eating healthy foods, and being physically active. However, bringing these changes in lifestyle is not easy, so people consume weight loss diet products in order to lose weight more efficiently. Weight loss diet products includes several beverages, supplements, and food items, which help to manage weight.
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Key Players:-
Major players operating in the global weight loss diet products market include Atkins Nutritionals, Inc., Herbalife Nutrition, Nestle S.A. (Optifast), Medifast, Inc., Robard Corporation, Physicians Weight Loss, Nu-Skin, Visalus, WW International, Inc., and VLCC Healthcare Ltd.
Market Dynamics:-
Increasing awareness regarding health and obesity has augmented growth of the weight loss diet products market. According to the World Health Organization (WHO), by February 2018, global obesity tripled since 1975 and in 2016, more than 1.9 billion adults aged 18 years and above remained overweight. Of these, over 650 million adults were obese. Owing to increasing prevalence of lifestyle disorders such as diabetes and cardiovascular diseases due to overweight and obesity, consumers are using various weight loss diet products such as better-for-you-food and beverages, weight loss pills, and others. This is driving growth of the weight loss diet products market, globally.
Moreover, rising number of bariatric surgeries is expected to drive growth of the weight loss diet products market over the forecast period. According to the American Society for Metabolic and Bariatric Surgery statistics published in June 2018, in 2017, around 228,000 bariatric surgeries were done, which increased from 158,000 in 2011. Rising number of bariatric surgeries is resulting in significantly increasing adoption of weight loss diet products, as weight loss diet products are used after the surgery to remain healthy and fit. This scenario is positively contributing to growth of the market.
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Market Outlook:-
North America accounted for the largest revenue share of around 31.0% in the global weight loss diet products market in 2018 and is expected to retain its dominance over the forecast period. Asia Pacific is expected to be the fastest growing region in the market during the forecast period, owing to the presence of emerging economies such as China, India, and Indonesia, and rising obesity rates in the region.
However, increasing cost of raw materials is likely to hamper the weight loss diet products market growth in the near future. The price of whey proteins increased rapidly over the past few years, as they are primary ingredients in meal replacements. Moreover, the price of stevia, an artificial sweetener, has increased, owing to its rapidly increasing global demand. Stevia is a premium-priced sweetener and its usage as an ingredient in food & beverages has increased, thus leading to increasing price of the end product. According to Overseas Development Institute, in high-income countries, over the past 30 years from 2015, the cost of healthy items in a diet has increased more than that of less healthy options, thereby encouraging consumption of diets that lead to excess weight.
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Wednesday 26 June 2019

Global Online Takeaway Food  Market: Industry Size, Company and Distribution Share Data and Analysis 2026

Takeaway food is a food, which is ordered online, made in restaurant and then taken away to be eaten at home or somewhere else. Online food services make ordering process easier and convenient, maintain cost transparency including price along with other taxes to be charged and monitor expenses incurring in real-time. These services enable customers to order through mobile app and explore various options of food without intervention of contractors. Currently, healthier menus are considered to be one of the significant strategies that can be adopted in the global online takeaway food market to gain profit.
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Market Dynamics:-
The global online takeaway food market is currently driven by the consumers’ inclination towards health and wellness. Rising awareness towards healthy eating is forcing online food service companies to provide healthier options in their food menu. According to the Global Wellness Institute, in 2015, global wellness economy accounted for US$ 3.7 trillion, which increased to US$ 4.2 trillion by the end of 2017. The market includes healthy eating, nutrition, and weight loss sector, which accounted for US$ 702.00 billion of total global wellness economy in 2017.
Market Outlook:-
Asia Pacific is expected to be the fastest growing region in the global online takeaway food market during the forecast period. This is owing to growing urbanization, rising working people populace, rapid access to mobile phones, expansion of internet penetration for ordering food online, and rising disposal income. Therefore, significant growth in urbanization is expected to drive the global online takeaway food market growth over the forecast period in Asia Pacific. For instance, according to India Brand Equity Foundation, number of Indians living in urban areas is expected to reach 600 million by 2031 from 434 million in 2015. Furthermore, over 70% of India’s GDP will be contributed by the urban areas by 2020.
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Key Players:-
Major players operating in the global online takeaway food market include Pizza Hut Inc., Delivery Hero Holding GmbH, Just Eat Holding Limited, Foodler Inc., Foodpanda GmbH,Takeaway.com Holding B.V, Zomato Media Private Limited, Grubhub, Inc., Domino's Pizza Inc., Snapfinger Inc., Mobo Systems Inc., and others.
Market Taxonomy:-
On the basis of product type, the global online takeaway food market is segmented into:
  • Non-Vegetarian Food
  • Vegetarian Food
On the basis of distribution channel, the global online takeaway food market is segmented into:
  • Fast-Food Chain Restaurants
  • Independent Restaurants
  • Online Channels
  • Others
On the basis of region, the global online takeaway food market is segmented into:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
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Protective Coatings Market Size, Trends, Share, Top Leaders Overview, Key Development Till 2026 | Research Report by CMI

Global Protective Coatings Market – Insights A protective coating is a layer of material, which is applied on the surface of another mat...