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  • Size of BIPV Glass Market to Flourish with an Impressive CAGR by 2024

    Global Hydrochloric Acid Market: Overview

    The global hydrochloric acid market is projected to witness substantial growth throughout the forecast period, thanks to the increasing number of applications of hydrochloric acid. In addition, the rising focus of key players on the expansion of the product portfolio in order to enhance their market presence and create a niche across the globe is estimated to supplement the growth of the global hydrochloric acid market in the coming years. With these factors, the market is expected to register a healthy growth rate throughout the forecast period.

    The research study on the global hydrochloric acid market offers a thorough overview, presenting insights into the primary factors that are likely to impact the development of the market in the near future. With the assistance of analytical tools, the latest trends, promising opportunities, and challenges in the global hydrochloric acid market has been provided in the study. In addition, the key segmentation, technological developments, and the competitive scenario of the market have been discussed at length to offer a strong understanding.

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    Global Hydrochloric Acid Market: Drivers and Restraints

    The rising demand from the MDI/TDI industry worldwide is one of the key factors anticipated to encourage the growth of the global hydrochloric acid market in the coming years. The increasing use of hydrochloric acid in oil well acidizing industry, thanks to the enhancement in the flow of reservoir rock by dissolving calcite cement, dolomite, and limestone and permeability is another factor likely to accelerate the growth of the global market.

    On the other hand, the diminishing demand for fluorocarbons owing to several environmental hazards is projected to restrict the growth of the global hydrochloric acid market in the next few years. In addition, the harsh effects of hydrochloric acid on human health is anticipated to curb the growth of the market. Nonetheless, the rising demand for high-quality and pure hydrochloric acid and the increasing gap between demand and supply are some of the important factors that are likely to generate promising opportunities for the key players operating in it.

    Global Hydrochloric Acid Market: Region-wise Outlook

    From a geographical perspective, the global hydrochloric acid market has been divided into the Middle East and Africa, Asia Pacific, North America, Latin America, and Europe. Among these segments, Asia Pacific is expected to lead the global hydrochloric acid market as it is the largest consumer across the globe. The high growth and the rising demand for hydrochloric acid in this region can be attributed to the increasing application in the food processing and TDI/MDI industries. The rising number of applications of hydrochloric acid is projected to accelerate the growth of the Asia Pacific market in the next few years.

    Furthermore, North America is expected to remain in the second position in the global hydrochloric acid market in terms of revenue. The growing demand from oil well acidizing industry is one of the key factors expected to fuel the growth of the hydrochloride acid market in North America. On the other hand, Europe is estimated to witness sluggish growth in the forecast period, owing to the effluent disposal and environmental regulations concerning food and metal processing procedures.

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    Key Players Mentioned in the Research Report are:

    As per the study, the global market for hydrochloric acid is expected to witness intense competition in the next few years. Some of the key players operating in the hydrochloric acid market across the globe are Dow Corning, Du Pont, Pioneer America, BASF SE, Lyondell Chemical Company, and Bayer. The research study has provided detailed profiles of these players in order to offer a strong understanding of the market and guide the new players in making effective business decisions in the near future.

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  • Size of BIPV Glass Market to Flourish with an Impressive CAGR by 2024

    Global Hydrochloric Acid Market: Overview

    The global hydrochloric acid market is projected to witness substantial growth throughout the forecast period, thanks to the increasing number of applications of hydrochloric acid. In addition, the rising focus of key players on the expansion of the product portfolio in order to enhance their market presence and create a niche across the globe is estimated to supplement the growth of the global hydrochloric acid market in the coming years. With these factors, the market is expected to register a healthy growth rate throughout the forecast period.

    The research study on the global hydrochloric acid market offers a thorough overview, presenting insights into the primary factors that are likely to impact the development of the market in the near future. With the assistance of analytical tools, the latest trends, promising opportunities, and challenges in the global hydrochloric acid market has been provided in the study. In addition, the key segmentation, technological developments, and the competitive scenario of the market have been discussed at length to offer a strong understanding.

    Request for Report Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6035

    Global Hydrochloric Acid Market: Drivers and Restraints

    The rising demand from the MDI/TDI industry worldwide is one of the key factors anticipated to encourage the growth of the global hydrochloric acid market in the coming years. The increasing use of hydrochloric acid in oil well acidizing industry, thanks to the enhancement in the flow of reservoir rock by dissolving calcite cement, dolomite, and limestone and permeability is another factor likely to accelerate the growth of the global market.

    On the other hand, the diminishing demand for fluorocarbons owing to several environmental hazards is projected to restrict the growth of the global hydrochloric acid market in the next few years. In addition, the harsh effects of hydrochloric acid on human health is anticipated to curb the growth of the market. Nonetheless, the rising demand for high-quality and pure hydrochloric acid and the increasing gap between demand and supply are some of the important factors that are likely to generate promising opportunities for the key players operating in it.

    Global Hydrochloric Acid Market: Region-wise Outlook

    From a geographical perspective, the global hydrochloric acid market has been divided into the Middle East and Africa, Asia Pacific, North America, Latin America, and Europe. Among these segments, Asia Pacific is expected to lead the global hydrochloric acid market as it is the largest consumer across the globe. The high growth and the rising demand for hydrochloric acid in this region can be attributed to the increasing application in the food processing and TDI/MDI industries. The rising number of applications of hydrochloric acid is projected to accelerate the growth of the Asia Pacific market in the next few years.

    Furthermore, North America is expected to remain in the second position in the global hydrochloric acid market in terms of revenue. The growing demand from oil well acidizing industry is one of the key factors expected to fuel the growth of the hydrochloride acid market in North America. On the other hand, Europe is estimated to witness sluggish growth in the forecast period, owing to the effluent disposal and environmental regulations concerning food and metal processing procedures.

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    Key Players Mentioned in the Research Report are:

    As per the study, the global market for hydrochloric acid is expected to witness intense competition in the next few years. Some of the key players operating in the hydrochloric acid market across the globe are Dow Corning, Du Pont, Pioneer America, BASF SE, Lyondell Chemical Company, and Bayer. The research study has provided detailed profiles of these players in order to offer a strong understanding of the market and guide the new players in making effective business decisions in the near future.

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  • Steel Framing Market - Key Driving Factors and Regional Analysis by 2023

    Building and construction application accounts for more than 50% of the global market for steel and a large proportion of the steel used in building and construction is attributed to the steel framing market. Steel frames allow for architectural and design flexibility and is at the same time cost efficient, durable and sustainable. Steel frames provide longevity to the structure and comes with attributes such as resistance to fire, corrosion and pests. Moreover, steel frames are lightweight and logistically feasible for construction industry. Steel frames exhibit high strength to weight ratio. As a result, the dead weight of steel structures is relatively low which renders it a very attractive proposition for builders.. Utilization of steel frames reduces the construction time and expense considerably. Steel frames provide the necessary safety to the high rises through its structural integrity.

    Steel frames are an integral part of the modern construction industry Steel frames are extensively used in the building and construction applications owing to the architectural freedom and reliability provided by steel.

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    The steel framing market is primarily driven by new building constructions across the world. Steel framing is mostly used in commercial building constructions in order to provide the requisite strength and design. Steel has an inherent strength which enables curves and long spans to be easily incorporated in the building design. Steel framings are most important components in buildings, which are required to endure harsh environmental conditions. Steel does not require pesticide treatment, or preservatives and glues unlike timber. It is also safer alternative for the people handling the materials. The market for steel frames is directly related to the construction volume. Favorable macro-economic conditions generally translate into increased construction activities. Improvement in the building and construction scenario in North America, Asia Pacific and Middle East has been the driving force for the steel framing market.

    However, in spite of the various benefits of steel frames there are some disadvantages to the steel structures, which act as market restraints. The general cost of steel structures are on the higher side compared to certain other structural materials. The strength of steel frames reduces considerably on exposure to heat commonly experienced in building fire. Steel being a good conductor of electricity transmits heat from the burning section of the building in a rapid fashion. In order to counter the effect, effective fire proofing measures need to be undertaken. Moreover steel structures such as bridges, which are exposed to the atmosphere are prone to corrosion and must be coated with paints regularly to maintain efficiency. These are few of the concerns of steel framing market. However, the benefits of steel framing far outnumber its deficits and the market is expected to overcome the difficulties and enforce growth.

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    North America accounts for the largest market for steel framing, primarily owing to the number of highrising commercial buildings in the region. Asia Pacific region is the second largest in terms of demand for steel frames, led by demand from Middle Eastern countries, China, Japan and South Korea. Asia pacific region is also estimated to exhibit the fastest growth rate in the world riding on improved socio-economic scenario in the region.

    Some of the major companies engaged in the steel framing market are Keymark Enterprises, LLC, Aegis Metal Framing, The Steel Framing Company, Voestalpine Metsec Plc and Hadley Group among several others.

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  • BIPV Glass Market Growth Outlook, Industry Dynamics till 2022

    The global BIPV glass market is experiencing a stellar growth due to the presence of several large and small players. Majority of the key players are focusing on new product strategies followed by product development and efficiency of BIPV technologies. The overall competition in the global BIPV market is likely to aggravate owing to the rising demand for BIPV glasses in commercial, industrial, and residential divisions. The global BIPV glass market has been observing a partnership between glass manufacturers and solar companies in the last few years. Also, it is expected that the BIPV glass market continues to establish alliances with several solar companies in order to expand their revenues.

    Few of the prominent market players in the global BIPV glass market include Nippon Sheet Glass Co., Solaria Corporation, Compagnie de Saint-Gobain SA, Canadian Solar Inc., Hanwha Chemical Corp, Trony Solar Holdings Co. Ltd., and E. I. DuPont de Nemours and Company. The global BIPV glass market is predicted to boost the demand with increasing investments in research and development activities of BIPV products and introducing new technologies during the forecast period 2017-2022.

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    The global market for BIPV glass market is estimated to prosper at a robust CAGR of 13.1% in the forecast period. In 2017, the global market for BIPV glass was valued at US$1.78 bn and is estimated to surge and reach a valuation of US$3.3 bn by 2022. By material type, the global market for BIPV glass is segmented into Amorphous Silicon, Crystalline Silicon, Dye Sensitized Solar Cells (DSSC), and Organic Photovoltaic Cell (OPV). Of these, crystalline silicon is estimated to lead the global market in the forecast period. By region, the global BIPV glass market is divided into North America, Asia Pacific, Europe, and Middle East and Africa. Among these, Europe is anticipated to drive the demand of BIPV glass market from 2017-2022. It is expected to grow at a stellar CAGR of 14.8% in the forecast period. This growth is a resultant of new environmental-friendly guidelines that support the adoption of construction solutions and sustainable energy generation. In the meantime, North America and Asia Pacific excluding Japan are also estimated to offer fruitful growth opportunities to all the existing key players. This growth is primarily owing to the rising awareness on renewable energy and its advantages and robust industrialization. Both these factors are likely to have a positive influence on the global BIPV glass market.

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    bipv glass market

    Increasing Awareness on Carbon Footprint Reduction to Drive the Growth of BIPV Glass Market Globally

    The demand for global BIPV glass market is primarily increasing due to the increasing awareness on the reduction of carbon footprint. The population in various regions has been shifting towards low-cost generation of electricity from renewable and conventional sources, which in turn, is impacting the BIPV glass market positively. The rapid adoption of green technologies is expected to surge the demand for BIPV glass market across regions especially in North America. In terms of sector, the construction segment is observing a huge market growth and contributes to the majority of share in global BIPV glass market. BIPV glasses are used in the construction of buildings such as educational, residential, hospitals, retail, and corporates. This will drive the demand of BIPV glass market. The architectural segment is also expected to grow due to the increasing investments in R&D.

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  • Worldwide Autoclaved Aerated Concrete (AAC) Market Is Slated To Grow Rapidly In The Coming Years

    Key Highlights

    According to a new market report published by Transparency Market Research titled ‘Autoclaved Aerated Concrete Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global autoclaved aerated concrete market was valued at around US$ 11.9 Bn in 2018 and is projected to reach nearly US$ 22.8 Bn by 2027, expanding at a CAGR of above 7% between 2019 and 2027.

    Autoclaved aerated concrete (AAC), also known as autoclaved cellular concrete (ACC) or autoclaved lightweight concrete (ALC), is a lightweight precast building material whose adoption has been on the rise recently.

     

    Although the product has been used since 1923, it has garnered immense popularity recently, due to its ability to provide rigid structure, insulation, fire resistance, and economy of construction. AAC has a porous structure. It contains pockets of trapped air, which make it lighter than other building materials. The material can be employed for internal as well as external construction, due to its high thermal insulation and ease of installation. AAC is used as an eco-friendly green building material in residential, commercial, and other types of construction. It is manufactured using fly ash, which is an unavoidable waste of thermal power plants and is available in abundance. Also, AAC is an energy-efficient building material, and it reduces the total cost of construction. Energy consumed for the production of AAC is less as compared to that for other building materials. AAC consumes approximately 50% less energy than concrete. Tiny air pockets and thermal mass of AAC offer thermal insulation, which reduces construction costs related to heating and air-conditioning. AAC reduces heating and cooling requirements by up to 30% due to its thermal insulation properties, resulting in continued financial benefits during the life of the construction.

     

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    Increase in Construction Spending Driven by Expansion of the Construction Sector:

    Demand for traditional building materials is primarily driven by expansion of the construction sector globally. Overall increase in construction and infrastructure-related activities worldwide has resulted in rise in demand for residential, commercial, and industrial construction, leading to consistent expansion in the building materials industry. Furthermore, macroeconomic factors such as GDP growth in Europe, gradual recovery in construction expenditure across residential and non-residential sectors, and anticipated expansion in the real estate sector supported by government initiatives for providing affordable housing are expected to drive the autoclaved aerated concrete market. Construction of a wall with AAC block walls results in a cost savings as compared to traditional bricks. Due to the low density offered by AAC, the structural load (dead load) is very less, and the structural members can be designed accordingly. In turn, the requirement for concrete and steel is less for the foundation and all structural members of the building. The number of joints is less because of the bigger size of AAC blocks. This reduces the requirement for cement mortar. The labor required to lay AAC blocks is also considerably less, and this results in considerable time savings.

     

    High Investment Costs Associated with the Production of AAC:

    AAC has demonstrated its benefits for more than 70 years, owing to its properties such as high heat and fire insulation capacity. AAC structural members with reinforcement can be combined in an integrated production with non-reinforced block material, etc. The integrated production of reinforced products and block materials requires a qualified plant facility with an advanced reinforcement technology. AAC products are manufactured in block factories or in factories with an integrated reinforcement technology that allows for the manufacture of AAC products such as deck and roof elements, wall panels, and lintels apart from blocks. In terms of volume, the production of advanced reinforced components such as panels and lintels has remained subdued as compared to that of blocks. The investment required for building an integrated production facility for manufacturing panels and lintels along with blocks is more than twice that of a simple block.

    A plant designed to produce reinforced products is also capable of producing blocks but with slight modifications. However, plants designed specifically for producing blocks have lower capital cost than those designed to manufacture reinforced products. Moreover, the process time required in case of panels and lintels for pressure rise and curing in autoclaves is almost twice that of blocks.

     

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    Affordable Housing in Emerging Nations:

    The demand for affordable housing is likely to remain robust, driven by a rising population, young demographic profile, shift toward nuclear families, and rapid urbanization. For instance, the market potential of affordable housing projects in India is expected to touch US$ 930 Bn by 2022. The Indian government’s scheme, Pradhan Mantri Awas Yojana, aims to construct two crore (20 million) houses in India, in three phases, till 2022. Housing shortage is expected to increase from the current level of 19 million units to 25 million by 2021, based on a stable decadal growth rate.

    The demand for Autoclaved Aerated Concrete Market is Primarily Driven by the Increasing Use of AAC Blocks as a Preferred Building Material

     

    The autoclaved aerated concrete market has been segmented based on product and end-use. Based on product, the autoclaved aerated concrete market has been divided into block, wall panel, floor panel, roof panel, cladding panel, and others. In terms of end-use, the autoclaved aerated concrete market has been classified into residential, commercial, and others. Blocks was the dominant product segment of the AAC market in 2018. In terms of revenue, the blocks segment accounted for more than 48% share of the global autoclaved aerated concrete market in 2018. The panel segment is also likely to expand at a significant pace during the forecast period, as panels offer a combination of strength and thermal and acoustic insulation. AAC wall panels are an ideal building solution for large-scale, industrial, and commercial construction

    Residential Sector on Account of Rapid Urbanization Particularly in Emerging Economies is the Dominant End User Segment

    In terms of end-use, the residential construction segment dominated the global autoclaved aerated concrete market in 2018. Rise in urbanization, increased purchasing power, growing population, and need for affordable housing are estimated to drive the autoclaved aerated concrete market in developing countries during the forecast period. However, lack of awareness about AAC among construction professionals, builders, developers, and architects is likely to act as a restraint for the global AAC market.

    Europe is the Largest Consumer and Producer of AAC

    Demand for AAC is high in Europe, followed by Asia Pacific and Middle East & Africa. AAC products have been in use in Europe for more than 70 years. Europe dominated the global autoclaved aerated concrete market in terms of revenue, accounting for more than 34% share of the global market in 2018. This is due to the presence of local AAC manufacturing facilities across Europe, with countries such as Poland, Russia, Germany, and the U.K. dominating the market in the region. The autoclaved aerated concrete market in Asia Pacific is estimated to expand significantly during the forecast period. This is attributed to a growing population and rapid urbanization, especially in emerging countries such as China and India. Increase in the number of infrastructure and commercial development activities is expected to fuel demand for AAC in Middle East & Africa. The AAC market in North America is expected to expand at a steady pace during the forecast period, due to prevalence of wood-based construction across the region and a limited number of AAC manufacturing facilities. Moreover, government initiatives to promote green building construction and establishment of state councils in various regions by the World Green Building Council (WGBC) are likely to propel the AAC market in North America and Latin America

    Enhancement of Production Capabilities by Key Players

     

    Key players profiled in the report of the autoclaved aerated concrete market include Xella Group, H+H International, SOLBET, ACICO, AERCON AAC, UltraTech Cement Ltd., Biltech Building Elements Limited, AKG Gazbeton, Bulidmate, Eastland Building Materials Co., Ltd., Brickwell, and UAL Industries Ltd. Major players operating in the market are investing significantly in the expansion of production capacity in order to meet the increase in demand. For instance, CSR Hebel, Australia’s leading manufacturer of high-quality autoclaved aerated concrete (AAC), expanded its production capacity by building a second production line in Somersby, Australia in September 2017. This highly automated plant is specially designed for panel production only and is expected to have a capacity of 300,000 cubic meters per year. The facility is equipped with the latest available Aircrete technology, making it one of the world’s most advanced and highly automated AAC panel plants.

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  • Wood Activated Carbon Market Latest Trends to Create Lucrative Industry Growth Opportunities

    According to a new report titled ‘Wood Activated Carbon Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR), the global wood activated carbon market was valued at US$ 785.80 Mn in 2017 and is anticipated to expand at a CAGR of 8.1% from 2018 to 2026. The global wood activated carbon market is driven by stringent regulations on mercury emission from power plants. Asia Pacific accounts for a major share of the global wood activated carbon market, due to rigid government regulations regarding atmospheric emission of hazardous substances, particulate matter, and greenhouse gases in various industries in the region. wood-activated-carbon-report.jpg Environmental Regulations on Mercury Emission from Power Plants to Drive Market Mercury is a toxic and corrosive material that is present in small amount in various gas and liquid streams. Power generation sources emit more than 70% of mercury in the air across the globe. Thermal and coal-fired power plants are key sources responsible for producing these hazardous gases. Wood activated carbon adsorption process is a suitable processes for removing mercury. It is an excellent carrier for various impregnates, as it physically reacts with the mercury and holds it within the adsorbent particles. Increase in governmental pressure to maintain the air quality and reduce mercury level is anticipated to boost the demand for wood activated carbon in the near future. Developed and developing economies, such as the U.S. and China, are implementing control strategies to reduce mercury emissions. For instance, the U.S. is estimated to reduce mercury emission to 18.2 tons by 2020, while China is likely to reduce emission by 77.5 tons by 2020. Control targets set by these countries and characteristic properties, such as high surface area, fine particle size, and open pore structure, are expected to boost the demand for wood activated carbon in the removal process of flue gas contaminants during the forecast period. Activated carbon injection system is an effective technology which is gaining momentum in controlling gaseous emissions. This technology is anticipated to create significant opportunities for wood activated carbon manufacturers in the near future. In 2011, Standard Carbon LLC developed Stratocarb, a powdered activated carbon (PAC) manufactured from wood, especially for flue gas mercury removal applications. Request for Report Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4011 Expansion of End-user Industries in Developing Economies to Create Opportunities Economic growth in countries in Asia Pacific and Middle East & Africa is creating lucrative opportunities for wood activated carbon manufacturers. The market in developing nations is expanding due to significant expansion of chemical, automotive, and pharmaceutical industries. Thus, manufacturers are shifting their focus away from developed economies. Water pollution has become a major global concern, as industrial effluents, sewage waste, and agrochemicals are being discharged into water bodies. Advancements in chemical processing industries and drinking water technologies, especially in India, Brazil, GCC, and China, is likely to boost the demand for wood activated carbon. Wood activated carbon is a highly effective water filtration media that is used to remove contaminants from industrial and municipal wastewater and groundwater. Usage of new technologies, such as plasma processing for surface enhancement of wood activated carbon, is gaining momentum. Surface medication with this technology entails exposure of wood activated carbon to plasma under vacuum, thus altering its textural properties. Regeneration of wood activated carbon from industrial effluents is another technology that is likely to reduce the dependency on virgin raw material sources in the next few years. These factors are expected to create lucrative opportunities to manufacturers in the near future. Volatility in Raw Material Prices to Hamper Wood Activated Carbon Market The global wood activated carbon market is prone to fluctuations in prices of raw materials such as saw dust, wood pellets, wood flour, and other pretreatment chemicals such as calcium chloride. Constant volatility in prices of raw materials is adversely affecting the wood activated carbon market. Additionally, these raw materials are consumed in other end-user industries, such as fuel generation, wood pulp, and synthetic resins, thereby affecting the supply and demand of raw materials and overall production of wood activated carbon. Stiff competition from substitutes, such as coconut shell, and implementation of stringent regulations regarding deforestation are key factors that are estimated to restrain the market during the forecast period. Request for Covid-19 Impact Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=4011 Removal of Impurities Segment to Dominate Global Wood Activated Carbon Market The global wood activated carbon market has been segmented based on application and region. Based on application, the market can be divided into gas adsorption, removal of impurities, decolorization, and others. Removal of impurities accounts for a dominant share of the market. Rise in demand for water treatment, which includes drinking water treatment, groundwater rehabilitation, treatment of service water, and wastewater treatment, to remove contaminants is expected to propel the demand for wood activated carbon during the forecast period. Asia Pacific Dominates Global Wood Activated Carbon Market In terms of region, Asia Pacific accounted for a major share of the global wood activated carbon market in 2017. China, India, and ASEAN are expected to create lucrative opportunities for manufacturers of wood activated carbon in the near future due to rapid industrialization and economic growth. Increase in the number of water treatment plants installed to remove organic chemicals in water and improve the taste and odor of potable water is boosting the market in Asia Pacific. Implementation of stringent regulations on mercury emission, by Environmental Protection Agency, and rise in demand for efficient canisters for the automotive industry, especially in the U.S. and Germany, are propelling the demand for wood activated carbon in North America and Europe. The market in Latin America and Middle East & Africa is expanding at a sluggish pace; however, rise in industrialization in Brazil and increase in government funding to provide better water technologies and energy-efficient desalination, especially in GCC, are expected to boost the market in these regions. These factors are driving the global wood activated carbon market. High Degree of Competition among Established Players Key players profiled in the report include Cabot Corporation, Calgon Carbon Corporation, Carbon Activated Corporation, CarboTech AC GmbH, CECA SA, Donau Chemie AG, Fujian Zhixing Activated Carbon Co., Ltd., Ingevity Corporation, Kuraray Chemical Corporation Ltd., Osaka Gas Chemicals Co. Ltd., Oxbow Activated Carbon LLC, and Zhejiang Xingda Activated Carbon Co., Ltd. The top players (Kuraray Chemicals Co Ltd., Cabot Corporation, Ingevity Corporation, and Osaka Gas Chemicals Co. Ltd.) cumulatively accounted for more than 50% share of the market in 2017. These companies consistently engage in strategies, such as mergers & acquisitions, to expand their capacity and product portfolios. For instance, in 2018, Kuraray Chemicals Co Ltd. acquired Calgon Carbon Corporation, a leading player in the wood activated carbon market. 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  • Wood Activated Carbon Market Latest Trends to Create Lucrative Industry Growth Opportunities

    According to a new report titled ‘Wood Activated Carbon Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR), the global wood activated carbon market was valued at US$ 785.80 Mn in 2017 and is anticipated to expand at a CAGR of 8.1% from 2018 to 2026. The global wood activated carbon market is driven by stringent regulations on mercury emission from power plants. Asia Pacific accounts for a major share of the global wood activated carbon market, due to rigid government regulations regarding atmospheric emission of hazardous substances, particulate matter, and greenhouse gases in various industries in the region. wood-activated-carbon-report.jpg Environmental Regulations on Mercury Emission from Power Plants to Drive Market Mercury is a toxic and corrosive material that is present in small amount in various gas and liquid streams. Power generation sources emit more than 70% of mercury in the air across the globe. Thermal and coal-fired power plants are key sources responsible for producing these hazardous gases. Wood activated carbon adsorption process is a suitable processes for removing mercury. It is an excellent carrier for various impregnates, as it physically reacts with the mercury and holds it within the adsorbent particles. Increase in governmental pressure to maintain the air quality and reduce mercury level is anticipated to boost the demand for wood activated carbon in the near future. Developed and developing economies, such as the U.S. and China, are implementing control strategies to reduce mercury emissions. For instance, the U.S. is estimated to reduce mercury emission to 18.2 tons by 2020, while China is likely to reduce emission by 77.5 tons by 2020. Control targets set by these countries and characteristic properties, such as high surface area, fine particle size, and open pore structure, are expected to boost the demand for wood activated carbon in the removal process of flue gas contaminants during the forecast period. Activated carbon injection system is an effective technology which is gaining momentum in controlling gaseous emissions. This technology is anticipated to create significant opportunities for wood activated carbon manufacturers in the near future. In 2011, Standard Carbon LLC developed Stratocarb, a powdered activated carbon (PAC) manufactured from wood, especially for flue gas mercury removal applications. Request for Report Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4011 Expansion of End-user Industries in Developing Economies to Create Opportunities Economic growth in countries in Asia Pacific and Middle East & Africa is creating lucrative opportunities for wood activated carbon manufacturers. The market in developing nations is expanding due to significant expansion of chemical, automotive, and pharmaceutical industries. Thus, manufacturers are shifting their focus away from developed economies. Water pollution has become a major global concern, as industrial effluents, sewage waste, and agrochemicals are being discharged into water bodies. Advancements in chemical processing industries and drinking water technologies, especially in India, Brazil, GCC, and China, is likely to boost the demand for wood activated carbon. Wood activated carbon is a highly effective water filtration media that is used to remove contaminants from industrial and municipal wastewater and groundwater. Usage of new technologies, such as plasma processing for surface enhancement of wood activated carbon, is gaining momentum. Surface medication with this technology entails exposure of wood activated carbon to plasma under vacuum, thus altering its textural properties. Regeneration of wood activated carbon from industrial effluents is another technology that is likely to reduce the dependency on virgin raw material sources in the next few years. These factors are expected to create lucrative opportunities to manufacturers in the near future. Volatility in Raw Material Prices to Hamper Wood Activated Carbon Market The global wood activated carbon market is prone to fluctuations in prices of raw materials such as saw dust, wood pellets, wood flour, and other pretreatment chemicals such as calcium chloride. Constant volatility in prices of raw materials is adversely affecting the wood activated carbon market. Additionally, these raw materials are consumed in other end-user industries, such as fuel generation, wood pulp, and synthetic resins, thereby affecting the supply and demand of raw materials and overall production of wood activated carbon. Stiff competition from substitutes, such as coconut shell, and implementation of stringent regulations regarding deforestation are key factors that are estimated to restrain the market during the forecast period. Request for Covid-19 Impact Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=4011 Removal of Impurities Segment to Dominate Global Wood Activated Carbon Market The global wood activated carbon market has been segmented based on application and region. Based on application, the market can be divided into gas adsorption, removal of impurities, decolorization, and others. Removal of impurities accounts for a dominant share of the market. Rise in demand for water treatment, which includes drinking water treatment, groundwater rehabilitation, treatment of service water, and wastewater treatment, to remove contaminants is expected to propel the demand for wood activated carbon during the forecast period. Asia Pacific Dominates Global Wood Activated Carbon Market In terms of region, Asia Pacific accounted for a major share of the global wood activated carbon market in 2017. China, India, and ASEAN are expected to create lucrative opportunities for manufacturers of wood activated carbon in the near future due to rapid industrialization and economic growth. Increase in the number of water treatment plants installed to remove organic chemicals in water and improve the taste and odor of potable water is boosting the market in Asia Pacific. Implementation of stringent regulations on mercury emission, by Environmental Protection Agency, and rise in demand for efficient canisters for the automotive industry, especially in the U.S. and Germany, are propelling the demand for wood activated carbon in North America and Europe. The market in Latin America and Middle East & Africa is expanding at a sluggish pace; however, rise in industrialization in Brazil and increase in government funding to provide better water technologies and energy-efficient desalination, especially in GCC, are expected to boost the market in these regions. These factors are driving the global wood activated carbon market. High Degree of Competition among Established Players Key players profiled in the report include Cabot Corporation, Calgon Carbon Corporation, Carbon Activated Corporation, CarboTech AC GmbH, CECA SA, Donau Chemie AG, Fujian Zhixing Activated Carbon Co., Ltd., Ingevity Corporation, Kuraray Chemical Corporation Ltd., Osaka Gas Chemicals Co. Ltd., Oxbow Activated Carbon LLC, and Zhejiang Xingda Activated Carbon Co., Ltd. The top players (Kuraray Chemicals Co Ltd., Cabot Corporation, Ingevity Corporation, and Osaka Gas Chemicals Co. Ltd.) cumulatively accounted for more than 50% share of the market in 2017. These companies consistently engage in strategies, such as mergers & acquisitions, to expand their capacity and product portfolios. For instance, in 2018, Kuraray Chemicals Co Ltd. acquired Calgon Carbon Corporation, a leading player in the wood activated carbon market. 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  • Textile Chemicals Market Global Outlook - Insights and Trends till 2027

    Global Textile Chemicals Market: Key Highlights

    • According to United Nations’ projections, global population is estimated to reach 8.5 billion by 2030, and further exceed 9 billion by 2050. The consumption of textiles depends directly on the growth of population and consumer spending levels.
    • In terms of demand, Asia Pacific led the textile chemicals market in 2018, and the same trend is anticipated to continue throughout 2019 and 2027. Changing consumer needs and an evolving retail marketplace are factors driving the apparel sector in Asia Pacific. The apparel sector in Asia Pacific is projected to expand at a CAGR of nearly 5% during the forecast period.
    • The technical textiles market has witnessed evolution from passive to active smart and ultra-smart fabrics over the last few years. First-generation passive fabrics were capable of sensing only environmental stimuli, whereas, second-generation active fabrics included actuators, sensors, and a control unit in order to sense electric, thermal, and other stimuli.
    • The demand for textile chemicals in Bangladesh is projected to rise at a CAGR of ~3% between 2019 and 2027. Bangladesh’s exports of clothing and apparel more than trebled between 2008 and 2018. The country is estimated to continue to receive increased number of orders for its finished garments from international partners in the near future, due to the availability of cotton as well as other fabrics at a low price.

    Global Textile Chemicals Market: Key Drivers and Opportunities

    • Focus on enhancing the functional quality of textile chemicals and cost reduction are likely to be key factors driving the global textile chemicals market in the next decade.
    • Major players operating in the global home textiles industry, such as IKEA and H&M Home, are expanding their presence in Asia Pacific in order to tap immense opportunities in the region. Moreover, the advent of e-Commerce in the home furnishing sector is expected to boost the home furnishing textiles segment in the global textile chemicals market during the forecast period.
    • The demand for textile chemicals in India is anticipated to rise at a rapid pace, as the country is a leading exporter of textiles in Asia Pacific. Since 2014, around 19 Textile Park projects have been sanctioned in India, under the Scheme for Integrated Textile Park (SITP) in the Public Private Partnership (PPP) mode, with 40% government assistance valuing up to INR 40 Crore (US$ 5.6 Mn). The country’s share in the Asia Pacific textile chemicals market is likely cross 11% by 2027.
    • Europe has also been a significant consumer of carpets and technical fibers over the last few years. Europe has become a leader in the digital printing of textiles, wherein, designs are printed on fabric by a printer that is controlled by a software. These trends depict significant potential for the growth of the textile chemicals market in the region.
    • The Ministry of Industry & Trade of Russia is focusing on supporting technical textiles and nonwovens industries in the country. The Government of Russia aims to increase the share of domestically made technical textiles in the local market up to 80% by 2020. Lately, the country has been utilizing its large reserves of oil and other resources, including timber and other raw materials, for the production of synthetic fibers.

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    Asia Pacific to be Highly Lucrative Textile Chemicals Market

    • In terms of value, Asia Pacific held a major, i.e. more than 60% share of the global textile chemicals market in 2018.
    • Shift in the production of textiles and their subsequent consumption by traditional production centers, such as the U.S. and Western Europe toward Asia Pacific, is a major factor anticipated to drive the textile chemicals market in Asia Pacific from 2019 to 2027.
    • Also, changes in consumer trends, especially in home decoration, followed by changing lifestyles, have propelled the demand for textiles. This, in turn, is anticipated to drive the global textile chemicals market during the forecast period.
    • Countries such as China and India are major textile chemicals markets in Asia Pacific. These countries accounted for more than 60% share of the Asia Pacific textile chemicals market in 2018.

    Global Textile Chemicals Market – Key Developments

    • In January 2018, Lubrizol introduced two breathable thermoplastic polyurethane resins of microbe-resistant grade for use in hot-melt adhesives. These products, i.e. Pearlbond 360 TPU and Pearlbond 960 TPU, can be used in applications such as technical textiles, apparel, footwear, and conveyor belts.
    • On June 9, 2017, Evonik Industries AG announced an increase of up to 6% in the prices of its products for applications such as textiles, tissues, metalworking fluids, and industrial applications. The move was aimed to strengthen the company’s position in the global textile chemicals market by focusing on providing better technical services.

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    Global Textile Chemicals Market – Competition Landscape

    • The global textile chemicals market was moderately consolidated in 2018. Due to the presence of well-established manufacturers in the textile chemicals market, and their expansion initiatives, the global textile chemicals market is estimated to be highly competitive during the forecast period.
    • Major manufacturers in the textile chemicals market include Archroma, Lonsen Inc., Huntsman, CHT Group, Solvay, and Evonik Industries AG.

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  • Metal Fabrication Market Strategic Analysis and Business Growth by 2027

    Key Highlights

    Metal fabrication refers to the procedure of making structures and machines from various raw metal materials. This procedure comprises assembly, forming, machining, welding, burning, and cutting to produce a finished product. Metal fabrication is basically a value added procedure that involves making of structures, parts, and machines. In present times, the industry is highly cyclical and dynamic with its expansion depending on various end use sectors. The end use segments for the global metal fabrication market comprise energy, construction, aerospace, and automotive.

    Changing demand of customers have made metal shops try for obtaining more profitability through diversification of customer base and make correct forecasts about the pattern of demands. Transparency Market Research has come up with an all-inclusive study on the global metal fabrication market, for the period 2019 to 2027. The report estimates that the global metal fabrication market is likely to grow at a rate of 3.5% CAGR.

    global pr metal fabrication market

     

    Rapid Industrialization to Drive Asia Pacific Market during the Assessment Tenure

    Considering geographical segmentations, Asia Pacific is expected to account for a large share of the global metal fabrication market. Developing countries like Indonesia, China, and India are witnessing rapid growth in their economies and rapid industrialization. Economic progress and industrialization result in increased demand for various machines and metal structures, which is likely to trigger growth of the global metal fabrication market in the years to come.

     

    Europe is estimated to emerge as another prominent region of the global metal fabrication market. Developed markets of western part of Europe such as the U.K., France, and Germany are likely to generate demand for metal fabrication technology, thanks to rapid development in the automation technology.

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    Integration of Automation to Offer Lucrative Opportunities for Growth

    Various enterprise resource planning (ERP) technologies and software find increased utilization in the metal fabrication market in years to come. With the use of ERP technologies, the data becomes easily available and it speeds up the decision making process. Augmented utilization of computer-assisted technologies for manufacturing is assisting various market players to better their production capacity and operational efficiency. These technological progresses are expected to offer copious growth opportunities to the global metal fabrication market over the tenure of assessment, from 2019 to 2027.

     

    The automobiles and aviation sectors make use of fabricated metal extensively and there is a constant rise in this trend, which is likely to trigger growth of the global metal fabrication market in years to come. However, the primary concern in relation to the fabrication equipment market is the fluctuation of price and availability of raw materials. These two factors are likely to impede growth of the global metal fabrication market in years to come.

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    In addition, advancement made in the field of robotics and automation tools is likely to emerge as another factor for the expansion of the global metal fabrication market in years to come. At present, automation is utilized in the process of metal fabrication, which is to improve the efficiency of the operation and reduce the overall cost of labor in years to come. Furthermore, automation tools like laser saws help fabricators to produce metal parts that need to be cut precisely, thereby underscoring the significance of automation tools in the global metal fabrication market.

     

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  • Back Painted Glass Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecasts To 2030

    Back Painted Glass Market: Introduction

    • Back painted glass is a form of clear glass, which is painted from the back side. The unpainted side always faces outward.
    • Back painted glass is used in a wide range of applications such as wall panels, partitions, backsplashes, tabletops, countertops, and trade show floorings. It is available in different colors and dimensions as per customers’ requirements.
    • Back painted glass is an affordable option compared to its peers that gives luxurious look to interiors and exteriors

    Back Painted Glass Market: Application segment

    • Back painted glass is widely used in commercial spaces such as wall partitions. Back painted glass has a glossy finish that gives elegant look to room interior, It is also popularly used in shopping malls, stores, entertainment venues, restaurants, etc.
    • Back painted glass is moisture resistant and easy to clean. Thus, it is ideal to use in shower wall panels, bathroom walls, washbasin tops, etc.
    • Back painted glass is an ideal substitute of quartz, marble, and granite countertops. It is a non-porous material therefore, microorganisms cannot form and adhere to it. Thus, builders prefer back painted glass as an ideal material to use in kitchens. Furthermore, it is easy to clean, install, and hygienic as compared to its alternatives.
    • Back painted glass is used in the manufacture of cabins and toilet cubicles for changing rooms and showers. It is also used as room dividers or to isolate work areas.

    Key Drivers of Back Painted Glass Market

    • Construction activities are increasing across the globe. Back painted glass is used as a building material in the form of wall cladding, kitchen & bathroom countertops, office walls, etc. As per the data published by Global Powers of Construction (GPoC) 2018, construction activities in the U.S. rose to 8.4% in 2018 compared to 7.3% in 2017. According to a report published by the Global Construction Perspectives and Oxford Economics in 2018, the global economy is forecast to expand by between 2.5% and 3% per year between 2019 and 2022, while the pace of expansion in the construction industry is set to average 3.6% over the same period, with estimated revenue of US$ 15 Trn by 2025. Increase in construction activities across the globe is estimated to boost the demand for back painted glass during the forecast period.
    • Countries in the Middle East are diversifying their economy. They are building infrastructure to boost the tourism sector and reduce dependence on oil revenue. Volatility in crude oil prices is adversely affecting government expenditure on construction activities. Oman, Egypt, and Iraq are expected to drive most of the construction activity in the region, while the construction industry in Qatar is anticipated to remain one of the fastest-growing industries, driven by a number of multi-billion infrastructure development projects as well as those related to the Qatar World Cup 2022. Increase in construction activities in the Middle East is projected to boost the demand got back painted glass in the near future.
    • The Government of India launched ‘Pradhan Mantri Awas Yojana’ in 2015, under which it plans to build affordable houses to cater to the housing need of its growing urban population. A total of 22 million houses are targeted to be built by the end of of 2022. The Government of India is also investing US$ 3.304 Bn to revive stalled housing projects. Furthermore, the Ministry of Housing and Urban Affairs allocated US$ 6.618 Bn, a nearly 18.39% increase from the revised estimate of US$ 5.590 Bn for 2019-2020, in its annual budget. This is expected to boost the demand for back painted glass in the near future.
    • Back painted glass can be fabricated in any shape. Easy availability of customized back painted glass is anticipated to propel the demand for the glass in the near future.
    • Prices of back painted glass are comparatively lower than its alternatives such as quartz, marble, and granite. This acts as a key driver of the global back painted glass market.

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    Key Restraints of Back Painted Glass Market

    • Lockdowns caused by COVID-19 pandemic have put a hold on construction activities all around the world. These lockdowns have negatively impacted the global back painted glass market. However, demand for back painted glass is estimated to bounce back once governments of countries across the globe ease the restriction on construction activities.

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    Key Manufacturers Operating in Back Painted Glass Market

    Key manufacturers operating in the global back painted glass market include:

    • AGC Glass
    • General Glass International
    • GlasPro, Inc
    • Glasswerks
    • ALDERFER GLASS CO
    • Bendheim
    • ELEMENT DESIGNS
    • QINGDAO NEO GLASS CO., LTD
    • Nippon Sheet Glass Co., Ltd.
    • Central Canadian Glass Ltd.
    • Dom Glass
    • Gardner Glass Products, Inc.
    • McGrory Glass
    • El Ghoul Co. s.a.l.
    • Glasstech

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  • Concrete Polishing Materials Market by Size Estimation, Prominent Players

    Concrete Polishing Materials Market: Overview

    • Concrete polishing is a multi-step process, wherein concrete floors are mechanically grounded, honed, and polished by using bonded abrasives in order to achieve a specified level of appearance. The bonded abrasives used are referred to as concrete polishing materials.
    • Polished concrete materials are flexible materials that can be easily customized, in terms of appearance, by using stunning aggregates and quartz, in order to create a sense of industrial sophistication on concrete surfaces in homes as well as commercial buildings. These reflective surfaces created are of evocative quality.
    • Polished concrete materials offer desired gloss and smoothness. By using a series of progressively fine tools (similar to the process of sanding wood), concrete can be grounded to 800, 1,500, or 3,000 grit level with the help of a chemical hardener, which densifies the porous concrete. Concrete polishing materials are primarily used in the construction of buildings. This is because these materials offer multiple advantages such as superior resistance to fire, harsh climatic conditions, damp, and abrasions.

    Key Drivers and Restraints of Global Concrete Polishing Materials Market

    • Concrete polishing materials are used in the construction of buildings, renovation, and repair work of infrastructures. These materials possess the ability to offer superior resistance to fire, harsh climatic conditions, damp, and abrasions. Owing to this factor, the demand for these materials is increasing significantly. Remarkable rise in urbanization and substantial growth of the building & construction sector is expected to fuel the global concrete polishing materials market during the forecast period.
    • Rising construction of commercial places such as hospitals, offices, shopping malls, and retail stores and growing renovation of aged structures, such as railways, airports, and manufacturing and warehousing facilities, leads to requirement for concrete polishing materials. This factor is expected to drive the global polished concrete materials market at a significant pace in the next few years.
    • However, availability of substitutes and increasing use of tiles flooring to improve the aesthetic appeal of houses are expected to restrain the global concrete polishing materials market during the forecast period

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    Global Concrete Polishing Materials Market, by End-user

    • In terms of end-user, the global polished concrete materials market can be segmented into industrial, residential, commercial, and institutional
    • The commercial end-user segment is expected to hold a significant share of the global concrete polishing materials market by 2027, owing to significant growth of the global transportation industry

    Asia Pacific to Dominate Global Concrete Polishing Materials Market

    • In terms of region, the global concrete polishing materials market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold a significant share of the global concrete polishing materials market during the forecast period, owing to the flourishing construction industry and unprecedented rise in the building of structures such as shopping malls, complexes, and residential as well as commercial projects in the region.
    • The Europe concrete polishing materials market is anticipated to expand at a significant rate during the forecast period, due to surge in remodeling practices in residential and commercial sectors and rise in building construction activities in the region

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    Key Manufacturers Operating in Global Concrete Polishing Materials Market

    The global concrete polishing materials market was highly fragmented in 2019. Major players have prominent presence in developing countries. Key manufacturers operating in the global concrete polishing materials market include:

    • W.R. Meadows Inc.
    • Markham Global Ltd.
    • Canzac
    • Laticrete International
    • BLENDER GROUP SA DE CV
    • Flowcrete Group Ltd

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  • Geothermal Drilling Rigs Market - Know Your Competitors New Strategy’s, Innovations

    Geothermal Drilling Rigs Market: Overview

    • Geothermal drilling is a process of drilling boreholes in the earth to extract the earth’s heat Geothermal is the natural heat of the Earth that is estimated to be 5,500oC at the Earth’s center. It is almost as hot as the surface of the sun. This heat is derived from the original formation of the planet and decay of the radioactive elements in the Earth’s crust.
    • Geothermal is a clean source of renewable energy that is available continuously throughout, and works regardless of any weather conditions
    • Geothermal plants are so compact and clean that power plants could be built nearby cities. Crawler, truck-mounted, and wheeled are the different types of geothermal drilling rigs.
    • Geothermal drilling team consists of highly experienced professionals in drilling programs, well design layout, downhole pumps, fluid handling, drill pads, geology, and reservoir engineering

    Key Drivers of Global Geothermal Drilling Rigs Market

    • Demand for geothermal drilling rigs has been increasing owing to rise in industrialization and demand for power across the globe. Investments in renewable sources of energy are rising throughout the globe. This is expected to boost the demand for geothermal drilling rigs during the forecast period.
    • Initial high investments and maintenance costs are likely to hamper the global geothermal drilling rigs market in the near future

    Geothermal Drilling Rigs Market: Key Development

    • In February 2019, Kerui Petroleum and a geothermal exploration company in East Africa successfully signed a geothermal exploration contract with Ethiopia Electric Power for more than US$ 80 Mn. It is Ethiopia’s first geothermal energy exploration project and also the largest one in the geothermal energy field. The project would provide living and industrial electricity for cities and towns in Ethiopia. The project includes two sets of 50DB geothermal drilling rigs and the whole year of geothermal drilling services.

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    Europe to Hold Major Share of Global Geothermal Drilling Rigs Market

    • Based on region, the global geothermal drilling rigs market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • Europe dominated the global geothermal drilling rigs market in 2019, owing to high investments in renewable sources of energy in order to eliminate harmful carbon emissions by power plants. Russia, Turkey, France, and Germany produce electricity from geothermal source of energy.
    • North America is anticipated to account for significant share of the global geothermal drilling rigs market during the forecast period. The region has large installed base of renewable sources of energy. Thus, investments in sources of geothermal energy are rising in North America.
    • Asia Pacific is anticipated to be highly attractive region of the global geothermal drilling rigs market during the forecast period. The region is investing significantly in renewable sources of power in order to meet the rising demand, especially in countries such as China, India, Australia and Japan.
    • The market in Middle East & Africa and Latin America is estimated to expand at a moderate pace, as investments in the sources of renewable energy are rising owing to the growth in awareness about sources of renewable energy and increase in demand for electricity in these regions

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    Key Players Operating in Geothermal Drilling Rigs Market

    Major companies operating in the global geothermal drilling rigs market are:

    • SIMCO Drilling Equipment, Inc.
    • DeepRock Manufacturing
    • Herrenknecht AG
    • GILL ROCK DRILL CO. INC.
    • HARDAB
    • Geomachine Oy
    • Bentec
    • Versa-Drill
    • H. Anger’s Söhne
    • Drillmec
    • Soilmec Ltd.
    • STREICHER Drilling Technology GmbH

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  • Global Wood Shingles Market - Business Stratergies till 2027

    Wood Shingles Market: Overview

    • Wood shingles are tapered, thin pieces of wood that are basically used to cover roofs and walls of buildings in order to protect buildings from harsh weather conditions. Roofing wood shingles are generally supplied in flat rectangular shapes, which are placed over the roof by fixing joints of components while moving from the bottom edge to top of the roof.
    • Wood shingles are primarily implemented to coat and wrap roofs and walls of buildings. Wood shingles are commonly sawed and split. They have smooth and flattened sides. As compared to shakes, wood shingles are more extensively employed in building roofing applications.
    • Generally, red cedar, white cedar, cypress, or redwood is used in the process to form wood shingles. Based on grade, wood shingles can be categorized into grade 1, grade 2, and grade 3. Wood shingles are available in a variety of cut patterns. Their length ranges from 16 and 18 inches to 24 inches.
    • Wood shingles have particular installation requirements, as they are typically chopped and sliced up by machines and are further narrowed. Furthermore, wood shingles are vulnerable to discoloration. Wood shingles possess high durability of about 30 years. Since wood shingles are obtained from a renewable resource, they are eco-friendly. Also, they are attractive in appearance and they do not require painting.

    Key Drivers and Restraints of Global Wood Shingles Market

    • Wood shingles are lean and fine-pointed portions of wood. Wood shingles are largely employed to coat and wrap roofs and walls of buildings so that they are sheltered and preserved from harsh weather. They are extensively employed in roofs and walls of resorts near seashores, as they are attractive in appearance, eco-friendly in nature, and highly durable. This factor is expected to drive the global wood shingles market during the forecast period.
    • Wood shingles require care for their maintenance. Moreover, regular and continuous treatments are required along with application of preservatives and fungicides so that wood shingles do not get dried out, warped, cracked, and attacked by mildew or fungus. This factor is expected to hamper the global wood shingles market in the near future.

    Global Wood Shingles Market, by Application

    • In terms of application, the global wood shingles market can be segmented into building roofs, walls, architecture, and others. Wood shingles help withstand abnormal, unpredictable, and changing weather. Hence, they are employed to shield roofs and walls of buildings and infrastructures on a large scale. The building roofs segment is expected to expand at a significant pace during the forecast period.

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    North America to be a Key Region of Global Wood Shingles Market

    • In terms of region, the global wood shingles market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a significant share of the global wood shingles market during the forecast period. In North America, the U.S. is witnessing high demand for wood shingles, owing to rising demand for housing in the country.
    • The wood shingles market in Asia Pacific is expected to expand at a high CAGR during the forecast period, owing to increasing urbanization and infrastructure development in the region

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    Key Manufacturers Operating in Global Wood Shingles Market

    The global wood shingles market was highly fragmented in 2019. Major players have strong presence in the market in developing countries. Key manufacturers operating in the global wood shingles market are:

    • Custom Shingles
    • ARCAT, Inc.
    • Legacy Roofing LLC
    • Waldun Forest Products
    • Bear Creek Lumber
    • Best Quality Cedar Products Ltd.
    • Fraser Wood Siding
    • Maibec Inc.
    • Marley
    • Granville Manufacturing Company
    • Dow’s Eastern White Shingles & Shakes

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  • Medical Nutrition Market Dynamics – Insights And Precise Sales & Growth Rate Evaluation By 2027

    Transparency Market Research (TMR) delivers key insights on the global Medical Nutrition market in its upcoming outlook titled, “Medical Nutrition Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2027”. In terms of value, the global medical nutrition market is projected to register a healthy CAGR of 6.2% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.

    The increasing aging population is now recognized as a global issue of importance. Changes in lifestyle have resulted in rapid aging amongst the population, increasing the prevalence of various diseases. The total aging population (over 65 years) recorded substantial growth in the past few decades – from 9.2% in 1990 to 11.7% in 2013. The number of older individuals is expected to grow from 841 Mn in 2013 to more than 2 Bn in 2050, as per the World Population Report.

    global medical nutrition market

    Increasing Adoption of Home Parenteral Medical Nutrition Therapies

    Around two-thirds of general and acute hospital beds are used by the geriatric population aged over 65 years, and people over 75 years old have longer stays. The burden of the geriatric population influences the demand and supply of nutritional food to this population and is a major contributor to the medical nutrition market. The prevalence of malnutrition in Europe and North America is 1-15% in non- institutionalized elder population, 25-60% for older adults in geriatric care facilities, and 35-60% in older adults in hospitals according medical research sources.

    The rising use of home parenteral medical nutrition therapy by the geriatric population with chronic illnesses such as diabetes, cancer, and AIDS is anticipated to boost market growth. Furthermore, the geriatric population is more prone to diseases such as nervous disorders, Parkinson’s, diabetes, and organ system failure. Such patients suffer from restrictive food ingestion, and require parenteral medical nutrition feeding to maintain their nutritional levels.

    Parenteral medical nutrition administration demands regular assessment and monitoring in order to avoid complications or side effects. Inappropriate usage of this medical nutrition maximizes the potential risk of adverse events such as re-feeding syndrome, particulate contamination, catheter infections, and liver dysfunction for the patients undergoing the medical nutrition therapy. Catheter-related bloodstream infection (CRBSI) is a grave complication among patients and requires frequent and expensive parenteral medical nutrition therapy. An article published by the American Society for Nutrition in 2014 also indicated that, long-term parenteral medical nutrition therapy significantly increases the risk of liver disease and metabolic complications in patients.

    Another study published by the University Health Network also states about the complications arising in the home parenteral medical nutrition therapy while treating the metabolic bone disease in patients. Moreover, problems such as allergic reactions, shortness of breath, unexplained weight gain, muscle pain, weakness, and loss of appetite are more common among patients undergoing parenteral medical nutrition therapy. These complications/side-effects are expected to restrain the medical nutrition market growth.

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    Higher Market Attractiveness of North America & Europe

    This report covers trends driving each segment and offers analysis and insights of the potential of the medical nutrition market in specific regions. North America is expected to register high growth rates between 2018 and 2027 and is also expected to remain the largest market through 2027. According to market attractiveness, North America and Europe are a relative more attractive markets in the medical nutrition market. On the basis of product type, the medical nutrition market is segmented as standard formula and specialized formula. Other segments include flavor, indication, distribution channel and end user. The indication segment is further sub segmented as enteral and parenteral nutrition.

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    Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the medical nutrition space. Medical Nutrition key players include NUTRICIÓN MÉDICA SL, Meiji Holdings Co., Ltd., Medtrition Inc., Baxter International Inc., B. Braun Melsungen AG., Fresenius Kabi AG, Danone Nutricia, Nestlé S.A., LLC, Otsuka Holdings Co., Ltd. (Parent of Otsuka Pharmaceutical) Europe Ltd. and Abbott Laboratories amongst others.

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  • Lactose Market Revenue Analysis – Emerging Trends, Business, Opportunities, Segmentation

    With reference to the latest market forecast report published by Transparency Market Research, on the title ‘Lactose Market: Global Industry Analysis and Opportunity Assessment 2019-2029’, revenue generated from the global lactose market has been estimated to be valued around US$ 1,750.7 Mn in 2019, which is projected to increase at a CAGR of 4.4% to US$ 2,697.3 Mn in 2029, during the forecast period (2019-2029).

    lactose_market

    Target Segments for Lactose

    The global lactose market is segmented on the basis of end use, form and region. On the basis of end use, the lactose market is segmented into food and beverage, pharmaceuticals, animal feed and cosmetic and personal care. The pharmaceuticals segment is anticipated to account for a value share of 45.5% in the year 2019 owing to functional and physiological characteristics. The food and beverage segment is further sub segmented into bakery, confectionary and functional food. The bakery segment is anticipated to account for a value share of 43.7% in the year 2019. On the basis of form, the lactose market is divided into powder, and granule. The powder segment is anticipated to account for more than 90% value share of the global lactose market

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    Target Geographies for Lactose

    The report for the Lactose market has been segmented into North America, East Asia, South Asia, Europe, Latin America, and Middle East & Africa. North America constitutes 19.3% of the market share for Lactose market in the year 2019. The region is anticipated to register a CAGR of 3.2% over the forecast period. Lactose is gaining market traction in North America due to escalating demand among consumers and increasing use of lactose in medical and cosmetic industry.  

    Manufacturers of lactose products are expected to face an ease in the marketing their products in the region, owing to the mature consumer base present in this region for lactose induced products. The new offerings in the lactose product segment are expected to get easily adopted by consumers. This is aligned with the increasing demand for processed lactose dairy product offerings, and offerings other than milk and yogurt in the region over the last few years. Also, well-established supermarkets and other retail chains are expected to increase the penetration of lactose products in the region, which, with the mature market for lactose products, is attributed to be driving the lactose market in the region throughout the forecast period.

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    TMR has profiled the most prominent companies which are active in the global Lactose market, such as Agropur Inc. (Agropur Cooperative), Alpavit Käserei Champignon Hofmeister GmbH & Co. KG, Armor Pharma (Savencia SA), Avantor, Inc., Biofac A/S (Zeria Pharmaceutical Co., Ltd.), Hilmar Ingredients Inc. (division of Hilmar Cheese Company), Hoogwegt Groep B.V., Arla Foods amba, Ba’emek Advanced Technologies Ltd (Tnuva Group) (Tnuva Food Industries – Israel Agricultural Cooperative Society ltd.), Lactose (India) Limited, Meggle Group, Milei GmbH ( Moringa Milk Industry), Proliant Inc., Saputo Inc., Tatua Co-operative Dairy Company Ltd., BASF SE, Danisco A/S. (DuPont Nutrition & Health), Merck KgaA, Fonterra Co-Operative Group and Glanbia plc among others.

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  • Lactose Market Revenue Analysis – Emerging Trends, Business, Opportunities, Segmentation

    With reference to the latest market forecast report published by Transparency Market Research, on the title ‘Lactose Market: Global Industry Analysis and Opportunity Assessment 2019-2029’, revenue generated from the global lactose market has been estimated to be valued around US$ 1,750.7 Mn in 2019, which is projected to increase at a CAGR of 4.4% to US$ 2,697.3 Mn in 2029, during the forecast period (2019-2029).

    lactose_market

    Target Segments for Lactose

    The global lactose market is segmented on the basis of end use, form and region. On the basis of end use, the lactose market is segmented into food and beverage, pharmaceuticals, animal feed and cosmetic and personal care. The pharmaceuticals segment is anticipated to account for a value share of 45.5% in the year 2019 owing to functional and physiological characteristics. The food and beverage segment is further sub segmented into bakery, confectionary and functional food. The bakery segment is anticipated to account for a value share of 43.7% in the year 2019. On the basis of form, the lactose market is divided into powder, and granule. The powder segment is anticipated to account for more than 90% value share of the global lactose market

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    Target Geographies for Lactose

    The report for the Lactose market has been segmented into North America, East Asia, South Asia, Europe, Latin America, and Middle East & Africa. North America constitutes 19.3% of the market share for Lactose market in the year 2019. The region is anticipated to register a CAGR of 3.2% over the forecast period. Lactose is gaining market traction in North America due to escalating demand among consumers and increasing use of lactose in medical and cosmetic industry.  

    Manufacturers of lactose products are expected to face an ease in the marketing their products in the region, owing to the mature consumer base present in this region for lactose induced products. The new offerings in the lactose product segment are expected to get easily adopted by consumers. This is aligned with the increasing demand for processed lactose dairy product offerings, and offerings other than milk and yogurt in the region over the last few years. Also, well-established supermarkets and other retail chains are expected to increase the penetration of lactose products in the region, which, with the mature market for lactose products, is attributed to be driving the lactose market in the region throughout the forecast period.

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    TMR has profiled the most prominent companies which are active in the global Lactose market, such as Agropur Inc. (Agropur Cooperative), Alpavit Käserei Champignon Hofmeister GmbH & Co. KG, Armor Pharma (Savencia SA), Avantor, Inc., Biofac A/S (Zeria Pharmaceutical Co., Ltd.), Hilmar Ingredients Inc. (division of Hilmar Cheese Company), Hoogwegt Groep B.V., Arla Foods amba, Ba’emek Advanced Technologies Ltd (Tnuva Group) (Tnuva Food Industries – Israel Agricultural Cooperative Society ltd.), Lactose (India) Limited, Meggle Group, Milei GmbH ( Moringa Milk Industry), Proliant Inc., Saputo Inc., Tatua Co-operative Dairy Company Ltd., BASF SE, Danisco A/S. (DuPont Nutrition & Health), Merck KgaA, Fonterra Co-Operative Group and Glanbia plc among others.

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  • Food Grade Gases Market Demand : Biggest Innovation to Boost Global Growth Rate Till 2027

    The developing interest for comfort food items and carbonated drinks has altogether filled the food grade gases market. Further, with the presentation of new items in the food business and progressions in bundling advances, there has been a developing requirement for food-grade gases for different end-employments. Food grade gases are a gathering of gases which are fabricated unequivocally to use in an alternate industry, for example, petrochemical, concoction, oil and gases, food, water and mining industry and so forth. Food grade gases are characterized as gases which are utilized in food ventures as a preparing help or added substance. Nitrogen, oxygen and carbon dioxide are the normal gases utilized in food enterprises. The most recent headway in bundling, chilling, and solidifying innovations is driving the food grade gases market. Buyers are requesting food in its new and unadulterated structure, paying little heed to season and area, everything from intriguing organic products to the staple eating regimen are required to be accessible all the all year at reasonable costs. With expanding request and ascend in utilization of bundled foods including carbonated refreshments, dairy and solidified items, meat, fish and seafood, bread kitchen and candy store items and crisp natural products and vegetables, the utilization of food grade gases is expanding. 

    Global Food Grade Gases Market: Notable Development 

    • In October 2018, Linde AG (Germany) converged with Praxair, Inc.(US) to shape Linde Plc. This merger would additionally improve the market position of both the players in the food grade gases market. 
    • In July 2018, Messer Group (Germany) alongside CVC Capital Partners Fund VII (“CVC”) obtained most of Linde’s (Germany) gases business in North America and certain business exercises in South America. 
    • In May 2017, Praxair Inc. (US) propelled XactCO2, a creative refreshment carbonation answer for eateries and bars.
    • In September 2017, Air Products and Chemicals (US) propelled Freshline LIN-IS framework, which utilizes fluid nitrogen to convey fast and exact temperature control to a blender or blender/processor and empowers food makers to advance handling velocity and item quality. 

    Establishment of relationship with material makers and covering structure installers is anticipated to remain a fundamental accomplishment factor for creators. Key associations consolidate Gulf Cryo, Matheson Tri-Gas Inc., Messer Group, Parker, Sol-SPA, The Linde Group. 

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    Global Food Grade Gases Market: Key Drivers 

    Food grade gases are utilized in different application, for example, chilling, solidifying, bundling, time span of usability expansion, protection and carbonation of different beverages. Expanding wellbeing cognizance is real driver for use of gases, as shopper needs food items to be without or insignificant additives, without concoction medicines and less prepared and in its common structures. Food makers and merchants are compelled to utilize food grade gases to satisfy customer’s requests of safe food directly from assembling stage to utilization organize. New bundling systems like altered air bundling and controlled stockpiling conditions determinations in food and drink industry is relied upon to expand food grade gases request in estimate period. 

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    Global Food Grade Gases Market: Geographical Distribution 

    North America and Europe are built up food grade gases market and rising economies, for example, Asia Pacific give chances to development in gauge period. Expanding innovative headway in handling and rising utilization of food items in Asia Pacific and China is relied upon to advance most noteworthy utilization of food grade mechanical gases request.

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  • Biotech Flavors Market Size is Expected to Gain Popularity Across the Globe by 2029

    According to a new study by TMR, the sales of biotech flavors are estimated to reach 134,422 metric tons in 2019. The biotech flavors market is projected to record a Y-o-Y growth of ~9% during the forecast period. Growth of the biotech flavors market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers.

    In this report, the biotech flavors market is classified on the basis of flavor, form, application, and region. The biotech flavors market in North America is expected to contribute ~US$ 1 Bn to the global biotech flavors market by the end of 2029. The beverages segment among the applications in the biotech flavors market is expected to remain dominant during the forecast period in terms of value and volume, due to high usage in the biotech flavors market. Among the form segments of biotech flavors, the liquid segment is expected to account for relatively high value and volume share of the biotech flavors market during the forecast period.

    global biotech flavors market share

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    Uncertain Weather Condition & Political Instability Affecting Raw Material Supply

    Erratic supply of raw materials due to unfavorable weather conditions, seasonal or crop violations, natural calamities, and political instability is a big problem for natural flavor manufacturers in growing regions. Consistent supply of raw material and quality of flavoring agents dramatically influence the final product quality and consumer acceptance. Enhanced flavor production through the traditional plant breeding process is currently not a mechanism preferred by flavoring agent suppliers, as it does not produce quality flavor.

    The flavor production system based on plant tissue culture (PTC), microbial fermentation, or bioconversion, overcomes many of these limitation. These bio-tech processes provide the industry with consistent quality and unlimited production capacity at reduced cost. Furthermore, with the introduction of the biotech process, food and beverage manufacturing companies can now produce new compounds or convert low-value substances into high value compounds by bio-transformation. Since flavors are generally expensive as compared to other ingredients of processed foods, the flavor industry is adopting the bio-technology-based system.

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    Global Biotech Flavors Market: Competitive Landscape

    Key players in the global biotech flavors market have been profiled in the biotech flavors market report. Some of the main players in the biotech flavors market include Givaudan, Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG, International Flavors & Fragrances, Inc., Takasago International Corporation, Frutarom Industries Ltd., Naturex group, Firmenich S.A., and Kerry Group Plc, and many more.

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  • Biotech Flavors Market Size is Expected to Gain Popularity Across the Globe by 2029

    According to a new study by TMR, the sales of biotech flavors are estimated to reach 134,422 metric tons in 2019. The biotech flavors market is projected to record a Y-o-Y growth of ~9% during the forecast period. Growth of the biotech flavors market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers.

    In this report, the biotech flavors market is classified on the basis of flavor, form, application, and region. The biotech flavors market in North America is expected to contribute ~US$ 1 Bn to the global biotech flavors market by the end of 2029. The beverages segment among the applications in the biotech flavors market is expected to remain dominant during the forecast period in terms of value and volume, due to high usage in the biotech flavors market. Among the form segments of biotech flavors, the liquid segment is expected to account for relatively high value and volume share of the biotech flavors market during the forecast period.

    global biotech flavors market share

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    Uncertain Weather Condition & Political Instability Affecting Raw Material Supply

    Erratic supply of raw materials due to unfavorable weather conditions, seasonal or crop violations, natural calamities, and political instability is a big problem for natural flavor manufacturers in growing regions. Consistent supply of raw material and quality of flavoring agents dramatically influence the final product quality and consumer acceptance. Enhanced flavor production through the traditional plant breeding process is currently not a mechanism preferred by flavoring agent suppliers, as it does not produce quality flavor.

    The flavor production system based on plant tissue culture (PTC), microbial fermentation, or bioconversion, overcomes many of these limitation. These bio-tech processes provide the industry with consistent quality and unlimited production capacity at reduced cost. Furthermore, with the introduction of the biotech process, food and beverage manufacturing companies can now produce new compounds or convert low-value substances into high value compounds by bio-transformation. Since flavors are generally expensive as compared to other ingredients of processed foods, the flavor industry is adopting the bio-technology-based system.

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    Global Biotech Flavors Market: Competitive Landscape

    Key players in the global biotech flavors market have been profiled in the biotech flavors market report. Some of the main players in the biotech flavors market include Givaudan, Sensient Technologies Corporation, Bell Flavors and Fragrances, Symrise AG, International Flavors & Fragrances, Inc., Takasago International Corporation, Frutarom Industries Ltd., Naturex group, Firmenich S.A., and Kerry Group Plc, and many more.

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  • Low Intensity Sweeteners Market Stratergic Analysis – Upcoming Trends, Business Boosting Strategies

    According to a new study by TMR, the sales of low-intensity sweeteners is expected to reach ~US$ 1.6 Bn in 2019, and record a Y-o-Y growth of ~7% in 2020. Growth of the low-intensity sweeteners market remains driven by a slew of factors, which range from the rising demand for sugar-free products and changing regulations in the food and beverage industry, to growing awareness among consumers. 

    Low-intensity sweeteners come in different product types such as tagatose, xylitol, trehalose, isomaltulose, allulose, and others. Among the different product types, allulose low-intensity sweeteners are becoming popular, and this segment is expected to grow rapidly at a CAGR of ~9% over the period of 2019-2029. 

    Low-intensity sweeteners are used in various industries such as beverages, confectioneries, pharmaceuticals, and dairy products.  The usage of low-intensity sweeteners is increasing rapidly in dairy products. 

    low intensity sweeteners market share

    Low-Intensity Sweetener Supplements Trending as Consumers Focus on Sugar, Fat, & Calorie Reduction

    Obesity usually occurs due to high intake of sugar, fats, and calories, and increases the risk of numerous health conditions such as hypertension, adverse lipid concentration, and type-2 diabetes. The North America region has traditionally shown the highest percentage of obesity in the world, with the number of adult and child obesity cases on the rise since the 1980s. For a healthy lifestyle, consumers prefer sugar-free and fat-free products. Health-conscious consumers are following proper diets and avoiding junk food and sweets. From youngsters to older individuals, all age groups are concentrating on exercising regularly and on weight management. Moreover, multiple gym chains, diet centers, and fitness centers are promoting the consumption of healthy food, dietary supplements, and other health products, which is further influencing consumers to opt for low intensity sweetener products. Manufacturers are launching low-intensity sweetener supplement products that provide the required nutrients without additional sugar content in the diet. Due to all these factors, the sales of low intensity sweetener products is growing.

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    Utmost Focus on Quality of Low Intensity Sweetener Products

    Consumers prefer excellence in quality and service. Companies are investing in research & development to create unique and innovative low-intensity sweetener products with great quality. They are concentrating on adopting the latest technologies to maintain high-quality standards. Consumers choose brands with the best quality products. Consumers have various options in low-intensity sweeteners to choose from, and competition is increasing rapidly in the low-intensity sweeteners market. Consumers are ready to pay a good amount for high-quality low-intensity sweetener products.

    Growing Consumer Focus on Product Safety and Origin of Raw Materials

    Consumers’ interest in product quality and safety is seen in markets in developed and developing countries, specifically in countries in Europe and North America. Consumers are curious about the accountability of different raw materials used in low-intensity sweeteners. Increasing focus on the sources of raw materials is because of the high use of synthetic chemicals and pesticides in the agricultural sector in developing countries.

    Increasing FDA Challenges for Low-Intensity Sweeteners

    Stringent government rules and regulations on several ingredients hinder the growth of the low-intensity sweeteners to quite some extent. There are several regulatory bodies such as the Food and Drug Association (FDA) that have implemented regulations regarding the utilization of low-intensity sweeteners. All low-calorie sweeteners have to undergo several tests before the approval of the FDA, to provide safety to the population. Delays in approvals coupled with the rise in cost towards the introduction of new products are restraining the growth of the global low-intensity sweeteners market.

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    Global Low-Intensity Sweeteners Market: Competitive Landscape

    Some of the key players in the global low-intensity sweeteners market are Cargill Inc., Roquette Freres Company, Ingredion Incorporated, Matsutani Chemical Industry Co., Ltd., E.I. Du Pont de Nemours and Company, ZuChem Inc., Nova Green Inc., Foodchem International Corporation, Ecogreen Oleochemicals, and Gulshan Polyols Limited, among others.

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