Priyanka Thakare

  • Yacon syrup market to Witness an Outstanding Growth by 2027

    Yacon syrup is sold as the dietary supplement which helps in the weight loss by increasing the metabolism rate. Yacon syrup contains Fructooligosaccharides or FOS which helps in the weight loss and also increase the rate of metabolism thereby help a person to reduce weight. Yacon syrup is extracted from the Yacon roots which are found mainly in Peru. The Consumers have felt so many benefits after using Yacon syrup which has led to the growth of this market. Yacon syrup has the number of benefits like it boost immunity, help in weight loss, reduction of cholesterol, increases calcium absorption and provides energy, these factors are making it an important food market product.

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    Yacon syrup market segmentation

    Yacon syrup market is segmented on the basis of application as sweetener and drizzler for food product.  Yacon syrup is mostly used as sweetener in tea or coffee as it has the naturally sweet taste but it has fructooligosaccharide which gets eliminated from the body unabsorbed therefore people sensitive to sugar or diabetic people can have it to replace harmful sugar. Yacon syrup is perfect for using it as drizzler over food products such as yogurt, oats, and other prebiotic drinks. It also has prebiotic effects so it is beneficial for health.

    Yacon syrup market is segmented on the basis of distribution channel as supermarket, departmental stores, online stores, and retail outlets. This distribution channel help manufacturer to sell their digestive health food and drinks products and it also helps the consumer to buy digestive health food and drinks products according to their needs. Online stores are gaining the edge over other distribution channels as it is the easiest way to get the product at home after viewing the detailed description of the product and reviews of the product.

    Yacon syrup market: Regional Outlook

    Yacon syrup market is segmented on the basis of five key regions as North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding japan, Japan and Middle-East and Africa. Peru and Brazil in South America are the largest producers of Yacon from which Yacon syrup is made. Yacon is produced in china, Czech Republic, united states and japan also. From these regions, yacon syrup is distributed to all over the world.  Yacon syrup is loaded with the number of benefits so the demand for this product is rising in the market and manufacturers have already acknowledged this fact and are working harder to make the availability of yacon syrup in the global market during the period of 2017-2027.

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    Yacon syrup market: Drivers and Trends

    In today’s world people are suffering from diabetes and sugar intolerance, for such people sugar is not advisable such people can have yacon to replace sugar in their tea or coffee. Yacon syrup can also be drizzled over food products to keep have a good taste. Yacon syrup also helps in weight loss by increasing metabolism rate. These factors are the prime drivers of Yacon syrup market and keeping the innovation on in this market sector. Number of people will be benefitted by using yacon syrup products.

    According to latest trend people have become very health conscious and prefer to have healthy food products to stay fit. The restraint for this market is the availability of this product in the global market as it has maximum production in the South American regions only, rest of the world is dependent on these countries for yacon syrup as they have limited production or no production.

    Yacon syrup market: Key Players

    Key players having the major contribution to this market which is identified during forecasting are Ashapuri Organic Pvt. Ltd, Sunfood superfood, Genesis Today, PlanetBio and Naturelements healthcare.

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  • Soy Milk Market to Witness an Outstanding Growth by 2025

    Soy milk is a type of grain milk which is prepared by soaking dried soya beans which is grinded in water. Soy milk is a stable emulsion of water, oil and protein. Soy milk is available in various flavors in the market which is also fortified with extra calcium and vitamins. Soy milk contains high amount of essential ingredients such as carbohydrates, proteins, and calcium as compared to regular cow milk. Soy milks does not contain lactose, and is highly preferred by consumers which are lactose intolerant and individuals that avoid dairy products, including vegan consumers. Manufacturers are offering innovative soy milk-based products which are fortified with vitamins such as vitamin B12 and B3, minerals and iron for increasing their product quality. Soy milks are the most consumed milk alternative worldwide which are boosting the sales growth over the recent years. Soy milk is mostly consumed by individuals which are lactose intolerant, allergic to soy and soy-based products or milk products. Soy milks are rich in protein and is calcium fortified drinks.

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    Global Soy Milk: Market Segmentation

    The global soy milk market is segmented on the basis of form, flavor, distribution channel, application and region. The soy milk market is segmented on the basis of form such as plain unsweetened form and plain sweetened form. The soy milk market is segmented on the basis of flavor such as chocolate and vanilla. The soy milk market is segmented on the basis of distribution channel such as online stores, supermarket/hypermarket, retail stores, and others. The global soy milk market is segmented on the basis of application in which soy milk is used in application in food products such as cheese, desserts, and snacks and beverages such as cold-pressed milks and others. Hence, the global soy milk market is expected to significantly increase the revenue contribution over the forecast period.

    Global Soy Milk Market: Regional Outlook

    Geographically, the global soy milk industry can be divided by major regions which include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East & Africa. Globally, among all regions, Asia Pacific has developed as the dominant region in global soy milk market followed by Europe. Increasing demand for soy milk in lactose-intolerant consumers, has strengthened the growth of global soy milk market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

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    Global Soy Milk Market: Growth Drivers 

    The global soy milk market driving factors are increasing demand for lactose-free food products due to the ease of digest which is likely to contribute significantly to the revenue growth of global soy milk market till 2025. Growing levels of lactose intolerance is one of the major driving factor of the market. Rising consumer awareness regarding usage of lactose-free dairy products in day-to-day life which helps in maintaining the galactose level in the body, is one of the major driving factor for the market. Manufacturers are offering a variety of soy milk-based dairy products to the consumers in order to remain in the competition. Growing population of lactose intolerance consumers is also a major factor which is driving the global soy milk market. Hence, the global soy milk market is expected to observe robust growth over the forecast period. 

    Global Soy Milk Market: Key Players

    Some of the key players identified across the value chain of the global soy milk market include Vitasoy Australia, Alpro, Provamel, DREAM, Furama, NOW Foods, Palsgaard, Pacific Foods of Oregon, Inc., The Hain Celestial Group, Inc., Lam Soon Group are among others. The companies are expected to expand their business by enhancing their product portfolio in global soy milk market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global soy milk market till 2025.

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  • HYDROXYPROPYL METHYLCELLULOSE (HPMC) CAPSULES MARKET TO REGISTER SUBSTANTIAL EXPANSION BY 2025

    Hydroxypropyl methylcellulose (HPMC), also known as hypromellose, is produced through the synthetic alteration of the natural polymer cellulose and is considered safe for human consumption. HPMC is rapidly being used as an alternative to hard shell gelatin capsules, since these natural capsules are manufactured using plant extracts. They meet the dietary and cultural needs of vegetarians by offering excellent alternatives to gelatin capsules.

    The HPMC material is present in the form of an off-white powder or granules which are hygroscopic and practically insoluble in hot water, acetone, and chloroform, but disintegrate readily in cold water, forming a colloidal solution due to their thermal reversible gelation property. The FDA clinical trials for the safety of HPMC material using rats have exhibited no adverse reaction to this material. It is therefore considered safe for human consumption. Also, the capsules’ in-vitro studies have displayed better performance in terms of dissolution/disintegration and decreased time of development compared to gelatin capsules.

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  • TMR ANALYZES IMPACT OF OUTBREAK OF COVID-19 ON NANOFIBERS MARKET

    A new class of materials used for a wide range of applications, nanofibers size between 100-1000 nanometer. These are used for storage of energy, pharmaceuticals, filtration, and other such applications. These are particularly seen being used on advanced drug delivery, and implant materials, tissue engineering, and therapeutic textiles.

    Besides, recently, it has been noted by experts that it can help protect against HIV-1, becoming perfect for producing contraception devices. Additionally, it helps in times of injuries, helping wounds heal; working on body’s innate healing properties in the process. Additionally, it can help healing of cartilage in joint injuries.

    This helps the global nanofibers market to grow at a substantial pace over the forecast period of 2016 to 2024. Some of the major factors driving the demand up are outlined below:

    • One in every six and one in every four people would be aged 65 and above by the end of the year 2050 worldwide, and in Europe and North America, respectively. This demographic is particularly prone to joint injuries and slow healing of wounds, leading to higher demand for nanofibers, helping the global nanofibers market take on a high trajectory of growth over the forecast period. It is also worth noting here that in the age group of 60 and above, a massive rise from 900 million in 2015 to 2 billion in 2050 will be noted.
    • Research activity in the field is growing rapidly with a number of universities taking part in it. Additionally, a number of universities such as John Hopkins, and Pennsylvania, and Northwestern are making use of these, especially in sensors that work with color modification. Besides, piezoelectric nanofibers are now developed. These are so elastic that they can be interwoven into clothing. These factors contribute in a big way to the growth of global nanofibers market.

    Nanofibers can be defined as fibers with diameters in the range of 100–1000 nanometer. Nanofibers is a new class of materials used for several value-added applications such as filtration, medicines, composites, and energy storage. Nanofibers can be manufactured by interfacial polymerization, antisolvent-induced polymer precipitation, melt processing, or electrostatic spinning. Carbon nanofibers are graphitized fibers formed by catalytic synthesis.

    Nanofibers are used in tissue engineering and drug delivery as well as in artificial organ components, implant materials, wound dressings, and therapeutic textile materials. Recently, researchers have discovered that nanofiber meshes can be used against the HIV-1 virus and also as a contraception. In the healing of wounds, nanofibers accumulate at the injury site and remain at that place, drawing the body’s own development factors to the injury site. Nanofibers are also used in pigments for cosmetics. They can stimulate the fabrication of cartilage in damaged joints. Numerous approaches toward this use of nanofibers are being utilized by researchers at John Hopkins University, University of Pennsylvania, and Northwestern University. Researchers are using nanofibers in sensors that modify color as they engross chemical vapors. They plan to use these sensors to demonstrate when the absorbing material in a gas mask becomes saturated. Researchers have also developed piezoelectric nanofibers that are elastic enough to be interlaced into clothing. These fibers can transform the normal motion into energy to power the electronic devices such as mobile phones. In addition, researchers are developing nanofibers to capture cancer cells flowing in the blood stream. They use nanofibers covered with antibodies that bind to cancer cells, ensnaring those cells.

    Growth of bioengineering and biomedical industries across the globe is projected to boost the demand for nanofibers. Additionally, increase in demand for medicines in emerging economies in Asia Pacific and Latin America is projected to further propel the demand for nanofibers in those economies. However, volatile prices of raw materials and availability of substitutes can hamper the growth of this market.

    Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry:https://www.prnewswire.com/news-releases/growing-consumer-preference-toward-ceramic-tiles-to-encourage-growth-of-ceramic-tiles-market-asia-pacific-to-acquire-a-prominent-share-in-ceramic-tiles-market-growth-tmr-301081770.html

    North America is projected to be a key market for nanofibers during the forecast period, followed by Europe and Asia Pacific. Asia Pacific is anticipated to be the rapidly expanding market for nanofibers during the forecast period. China, India, and Japan are major markets for nanofibers in Asia Pacific due to presence of an established end user industry. Singapore, Republic of Korea, Vietnam, and Malaysia are expected to be other prominent consumers of nanofibers in Asia Pacific during the forecast period. The nanofibers market in Europe and North America is projected to experience moderate to high growth during the forecast period. Brazil and Argentina are estimated to be major consumers of nanofibers in Latin America.

    The nanofibers market is highly fragmented. It is dominated by large- and medium-sized corporations in the field of materials and chemicals. Key players operating in the global nanofibers market are FibeRio Technology Corporation, Toray Industries, Ahlstrom Corporation, Johns Manville Corporation, Inc., E. I. du Pont de Nemours and Company, Donaldson Filtration Solutions, Asahi Kasei, Johns Pyrograf Products, Inc., Elmarco, Jiangxi Xian Cai Nanofibers Technology Co., Ltd., Revolution Fibers, eSpin Nanofibers, and MemPro.

    Companies are adopting the acquisition strategy and aggressive marketing tactics to increase their market share. They are investing in research and development activities to develop new techniques for nano capsules. Moreover, companies are shifting their production facilities to emerging economies in Asia Pacific and Latin America, due to easy availability of land, inexpensive labor, and governmental subsidies in those countries.

    For More Information About Market: https://www.transparencymarketresearch.com/casestudies/chemicals-and-materials-case-study


  • Nanofibers Market to Reflect Impressive Growth Rate by 2025

    A new class of materials used for a wide range of applications, nanofibers size between 100-1000 nanometer. These are used for storage of energy, pharmaceuticals, filtration, and other such applications. These are particularly seen being used on advanced drug delivery, and implant materials, tissue engineering, and therapeutic textiles.

    Besides, recently, it has been noted by experts that it can help protect against HIV-1, becoming perfect for producing contraception devices. Additionally, it helps in times of injuries, helping wounds heal; working on body’s innate healing properties in the process. Additionally, it can help healing of cartilage in joint injuries.

    This helps the global nanofibers market to grow at a substantial pace over the forecast period of 2016 to 2024. Some of the major factors driving the demand up are outlined below:

    • One in every six and one in every four people would be aged 65 and above by the end of the year 2050 worldwide, and in Europe and North America, respectively. This demographic is particularly prone to joint injuries and slow healing of wounds, leading to higher demand for nanofibers, helping the global nanofibers market take on a high trajectory of growth over the forecast period. It is also worth noting here that in the age group of 60 and above, a massive rise from 900 million in 2015 to 2 billion in 2050 will be noted.
    • Research activity in the field is growing rapidly with a number of universities taking part in it. Additionally, a number of universities such as John Hopkins, and Pennsylvania, and Northwestern are making use of these, especially in sensors that work with color modification. Besides, piezoelectric nanofibers are now developed. These are so elastic that they can be interwoven into clothing. These factors contribute in a big way to the growth of global nanofibers market.

    Nanofibers can be defined as fibers with diameters in the range of 100–1000 nanometer. Nanofibers is a new class of materials used for several value-added applications such as filtration, medicines, composites, and energy storage. Nanofibers can be manufactured by interfacial polymerization, antisolvent-induced polymer precipitation, melt processing, or electrostatic spinning. Carbon nanofibers are graphitized fibers formed by catalytic synthesis.

    Nanofibers are used in tissue engineering and drug delivery as well as in artificial organ components, implant materials, wound dressings, and therapeutic textile materials. Recently, researchers have discovered that nanofiber meshes can be used against the HIV-1 virus and also as a contraception. In the healing of wounds, nanofibers accumulate at the injury site and remain at that place, drawing the body’s own development factors to the injury site. Nanofibers are also used in pigments for cosmetics. They can stimulate the fabrication of cartilage in damaged joints. Numerous approaches toward this use of nanofibers are being utilized by researchers at John Hopkins University, University of Pennsylvania, and Northwestern University. Researchers are using nanofibers in sensors that modify color as they engross chemical vapors. They plan to use these sensors to demonstrate when the absorbing material in a gas mask becomes saturated. Researchers have also developed piezoelectric nanofibers that are elastic enough to be interlaced into clothing. These fibers can transform the normal motion into energy to power the electronic devices such as mobile phones. In addition, researchers are developing nanofibers to capture cancer cells flowing in the blood stream. They use nanofibers covered with antibodies that bind to cancer cells, ensnaring those cells.

    Growth of bioengineering and biomedical industries across the globe is projected to boost the demand for nanofibers. Additionally, increase in demand for medicines in emerging economies in Asia Pacific and Latin America is projected to further propel the demand for nanofibers in those economies. However, volatile prices of raw materials and availability of substitutes can hamper the growth of this market.

    Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry:https://www.prnewswire.com/news-releases/growing-consumer-preference-toward-ceramic-tiles-to-encourage-growth-of-ceramic-tiles-market-asia-pacific-to-acquire-a-prominent-share-in-ceramic-tiles-market-growth-tmr-301081770.html

    North America is projected to be a key market for nanofibers during the forecast period, followed by Europe and Asia Pacific. Asia Pacific is anticipated to be the rapidly expanding market for nanofibers during the forecast period. China, India, and Japan are major markets for nanofibers in Asia Pacific due to presence of an established end user industry. Singapore, Republic of Korea, Vietnam, and Malaysia are expected to be other prominent consumers of nanofibers in Asia Pacific during the forecast period. The nanofibers market in Europe and North America is projected to experience moderate to high growth during the forecast period. Brazil and Argentina are estimated to be major consumers of nanofibers in Latin America.

    The nanofibers market is highly fragmented. It is dominated by large- and medium-sized corporations in the field of materials and chemicals. Key players operating in the global nanofibers market are FibeRio Technology Corporation, Toray Industries, Ahlstrom Corporation, Johns Manville Corporation, Inc., E. I. du Pont de Nemours and Company, Donaldson Filtration Solutions, Asahi Kasei, Johns Pyrograf Products, Inc., Elmarco, Jiangxi Xian Cai Nanofibers Technology Co., Ltd., Revolution Fibers, eSpin Nanofibers, and MemPro.

    Companies are adopting the acquisition strategy and aggressive marketing tactics to increase their market share. They are investing in research and development activities to develop new techniques for nano capsules. Moreover, companies are shifting their production facilities to emerging economies in Asia Pacific and Latin America, due to easy availability of land, inexpensive labor, and governmental subsidies in those countries.

    For More Information About Market: https://www.transparencymarketresearch.com/casestudies/chemicals-and-materials-case-study


  • ANALYSIS OF COVID-19 CRISIS-DRIVEN GROWTH OPPORTUNITIES IN THERMOPLASTIC COMPOSITES MARKET

    Thermoplastic composites can be categorized as discontinuous and continuous composites. Long fiber thermoplastics and short fiber thermoplastics are the two extensively used types of thermoplastic composites. Thermoplastic composites have achieved rapid acceptance as a suitable alternative to metal assemblies, die castings, and traditional plastic materials in the market. Factors such as high impact strength, high rigidity, and better surface quality coupled with less product rejection, high resistance to extreme temperatures, and creep resistance in constant load and severe environments have led to the thermoplastic composites market being more attractive than metals and thermoset. The applications of thermoplastic composites have witnessed significant growth in the aerospace and defense industries, consumer goods, electrical and electronics, and automobile in emerging economies due to rapid urbanization. Constantly rising fuel costs have compelled the aerospace industry to look for lightweight and more fuel efficient designs for its existing models. These factors are expected to drive the market for lightweight composites to achieve sustainable development. The extensive usage of thermoplastic composites in various other segments such as consumer goods and electronics is expected to further augment the thermoplastic composites market.

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  • Underground Mining Diamond Drilling Market to Reflect Impressive Growth Rate by 2026

    A recent Transparency Market Research states that the global underground mining diamond drilling market is expected to witness a substantial growth from 2018 to 2026. The report predicts that the demand for drilling deep into the depths of the planet to reach to the valuable resources is the prime reason responsible for the growth of the underground mining diamond drilling market. Furthermore, the experts at Transparency Market Research state that the market shall witness a robust 5.5% CAGR during the projected tenure. With this growth rate the players shall be able to grow substantially as an individual in the global Underground Mining Diamond Drilling market says the experts at Transparency Market Research.
    Better Performance of the Drill Bits to Drive the Growth
    Diamonds are the hardest matter present on earth. The mineral can cut through any surface smoothly. This property imposed on a drill bit improves its performance. Due to this property and advantage of the strength of the diamonds helps businesses to improve the performance of their drill bits. As a result of this the drill bits having diamond tip are in much demand. This growing demand for the better performance of the drill bit is supporting the growth of global underground mining diamond drilling market from 2018 to 2026.

  • Generator Sales Market to Receive Overwhelming Hike in Revenues by 2024

    The global generator sales market is expected to register a healthy growth in the near future. The growth in demand for power amidst woeful supply in emerging nations is expected to drive the market. The global generator sales market depicts an extremely competitive and fragmented landscape. According to a transparency market research report, the competition is expected to increase as renewable energy and rising diesel prices make way for diversification and technological advances. Some key players in the global generator sales market are Caterpillar Inc., Cummins Inc., Himoinsa S.L., Generac Holdings Inc., KOEL Green, AKSA Power Generation, Aggreko PLC, Atlas Copco AB, Kohler Co.

    Generators are widely used for supplying uninterrupted and reliable power to manufacturing plants and various other commercial establishments. Additionally, the generator sales market also witnessed major growth due low diesel prices, driving efficient use of these systems. Additionally, new energy generation mediums like solar, wind, and biodiesel are expected to boost the market growth in the near future. Research in sustainable energy with focus on storage of energy represents a major opportunity for growth for key players in the generator sales market.

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    The global generator sales market was evaluated at $24 bn in 2017. It is expected to register a robust growth in the near future, at 5% CAGR during 2018-2026. Among the various types of fuels in the market, the natural gas is expected to register the highest growth in the near future. Natural gas is expected to create several new opportunities for growth in the market due to low VOCs emission, low price, and high level of pollution of diesel generators. The highly flammable nature of natural gas can limit the expansion of the generator sales market. Moreover, the global generator sales market in Middle East & Africa is expected to witness substantial growth.

    Diesel Fuel to Fire up the Generator Sales Market 

    The natural gas is expected to create significant opportunities in the generator sales market. However, based on fuel type, diesel generators are expected to lead growth during the forecast period. Diesel generators are easy to maintain with low operation costs, wide availability of technology, and low prices of diesel. However, rising prices of diesel are expected to limit the growth of the generator sales market in the near future. Additionally, the growing regulations regarding pollution can be also be threat to the growth of diesel generators. However, regions like Asia Pacific are witnessing a high demand for diesel generators due to essential needs of 24/7 electricity supply. Countries like Vietnam, China, India, and Indonesia are becoming a hub of manufacturing activity. This activity and lack of widespread reliable electric supply in the region are expected to drive up the demand for generator sales market in the near future.

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    Prevalence of Rental Equipment to Aid Growth of the Generator Sales Market 

    Diesel generators is a long term investment for commercial establishment and experience low adoption in residential and housing societies. The diesel generators are in heavy demand in manufacturing, oil exploration, and telecom applications. However, rental diesel generators present a significant opportunity for startups, small businesses, and housing complexes for special occasions. The prevalence of rental equipment considerably brings down investment and eliminates operational costs in most cases. The portable generators in small varieties are expected to drive significant growth for the generator sales market in the near future.

    Explore Transparency Market Research’s award-winning coverage of the global Energy Industry: https://www.prnewswire.com/news-releases/measures-for-effective-disposal-of-hazardous-waste-to-protect-environment-to-propel-growth-of-global-hazardous-waste-management-market-opines-tmr-301031538.html


  • Hybrid Full Electric Marine Propulsion Market Poised to Expand at a Robust Pace by 2025

    The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse Engine are the leading companies in the global hybrid and full electric marine propulsion market.

    In this highly fragmented market, larger companies are trying to adopt some strategic alliances to gain better growth opportunities. These players are following vast regulations and requirements for ensuring reliability and safety of their products. Medium-sized vendors in the global hybrid and full electric marine propulsion market are looking out for opportunities to collaborate with larger players for improving their revenue indexes. Established companies are investing more in adopting marine propulsion technology, specifically renewable/hybrid technology for impelling their growth meter in the market. The competition is further getting intensified with the entry of numerous local players who are focusing hard on delivering quality services.

    According to experts from TMR, the global hybrid and full electric marine propulsion market is expected to gain revenue worth US$7,516.7 mn by the end of 2026. The market stood at US$3,247.4 mn in 2017. Experts project this growth to occur at a promising CAGR of 9.8% during the forecast period from 2018 to 2026.

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    Among the various propulsion types in the market, demand for hybrid vessel segment is expected to boost the global hybrid and full electric marine propulsion market during the forecast period. This is because of high utilization of solar and renewable energy as storage option in hybrid vessels. Region wise, Europe is expected to account for a dominant share in the global hybrid and full electric marine propulsion market in the coming years. This is attributed to the increasing promotion about the development of carbon-free fuel efficient marine systems in the region.

    Rising Usage of Ferries for Transportation Purposes to Boost Market

    Marine propulsion is a system or mechanism which is employed for generating thrust to move boat or ship across water. In hybrid and full electric marine propulsion systems, mostly battery packs are used for the propulsion. The minor difference between these two types of propulsions include the source of power for generating the propulsion. In full electric marine vessels, complete propulsion is made by the usage of rechargeable batteries. On the other hand, in hybrid marine vessels, alternate fuel such as LNG and Diesel as well as battery are utilized to make the propulsion. Such USPs are driving the global hybrid and full electric marine propulsion market. Along with this, governments’ stringent regulations in pertaining carbon emissions along with oil spillage are augmenting demand in the global hybrid and full electric marine propulsion market.

    Furthermore, increasing number of marine ships for various operations and rising usage of ferries in coastal waterways are also boosting the global hybrid and full electric marine propulsion market. Apart from these, rapid incorporation of advanced technologies in marine propulsion systems is also fueling growth in the global hybrid and full electric marine propulsion market.

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    Volatility in Costs of Crude Oil and Regulations in Marine Fuel Emissions Hinders Market’s Growth

    A few major challenges hindering the growth of the global hybrid and full electric marine propulsion market include the volatile prices of crude oil and governments’ strict rules against marine fuel emissions. Nonetheless, the sluggish growth rate of the market is compensated by persistent demand for low-priced LNG and natural gas for making the propulsion in hybrid vessels. Such factors are believed to help overcome this challenge in the near future.

    The review is based on a market research report by TMR, titled, “Hybrid and Full Electric Marine Propulsion Market (Propulsion Type – Hybrid Vessel, Full Electric Vessel; Vessel – Tugboats and OSVs, Ferries, Defense Vessels, Yachts, Cruise Ships; Power Rating – Up to 1 MW, 1.1-2 MW, 2.1-3.5 MW, Above 3.5 MW; RPM – 0-1,000 RPM, 1,001-2,500 RPM, Above 2,500 RPM) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.

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  • Unconventional Gas Market Foreseen to Grow Exponentially by 2027

    The global unconventional gas market was valued at around US$ 128 Bn in 2017 and is anticipated to expand at a CAGR of 8.61% from 2018 to 2026, according to a new report titled Unconventional Gas Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) Unconventional natural gas, which includes shale gas, tight gas, and coalbed methane, has been more difficult and costly to exploit than conventional deposits. Fossil fuels accounted for more than 85% of the global demand for energy by the end of 2016. Natural gas ranked third (24%), after oil (33%) and coal (28%) during the same period. 

    Rising Demand for Unconventional Gas Exploration

    Increase in investments in exploration and production of offshore oil and gas is propelling the adoption of unconventional gas around the world. Upstream activities for the oil & gas industry are expected to boost their production volumes, thereby propelling the unconventional gas treatment market. Global price of natural gas has been increasing at a steady pace since the beginning of 2018. Offshore and onshore exploration and production activities have also picked up at a significant pace. Growth in shale gas has prompted many countries around the globe to look at exploiting their own unconventional gas resources. 

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    Shale Gas to Remain Dominant Type Segment

    In terms of type, the shale gas segment dominated the global unconventional gas market in 2017. Shale gas is a natural gas trapped within the shale formation. It is derived from underground shale deposits that are broken up by hydraulic fracturing. Shale gas is a cleaner burning fuel than coal and crude oil. The combustion of shale gas emits significantly lower levels of pollutants, including carbon dioxide, nitrogen oxide, and sulfur dioxide than the combustion of coal and oil. There are abundant reserves of shale gas around the world. These may be sufficient to meet the demand for clean energy for many years.

    Major Norms and Regulations Related to Unconventional Gas

    • The US Environmental Protection Agency (EPA) has amended regulations to avoid gas contamination in the areas where hydraulic fracturing is conducted in the zones of unconventional gas fields
    • National Oil Spill Detection and Response Agency (NOSDRA) is mandated to play the lead role in ensuring timely, effective, and appropriate response to oil spills, as well as ensuring clean up and remediation of all impacted sites to the best practical extent
    • The European Commission has selected the Brussels-based law firm Philippe & Partners to carry out the study ‘EC TENDER TREN/R1/350-2008 lot 1 on Unconventional Gas in Europe.’ The European Commission has set legal framework, including environmental law, which is applied to the licensing/authorization and operational permitting for prospection, exploration, and production/exploitation of unconventional gas.
    • In 2013, the Government of Australia amended the Environment Protection and Biodiversity Conservation Act 1999 for large coal mining companies to obtain Commonwealth approval where they would have a ‘significant impact’ on water resources 

    Industrial Application Dominates Global Unconventional Gas Market

    Based on application, the industrial segment dominated the global unconventional gas market with more than 34% share in terms of value in 2017. The segment was followed by the power generation segment. Power consumption has increased substantially across the globe over the last few years. Strong growth of the economy and rise in population have boosted power consumption. Thus, the power generation segment is expected to expand at a rapid pace during the forecast period.

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    Market in North America, especially in U.S., Expected to Expand at Substantial Pace

    North America dominated the global unconventional gas market in 2017. More than 800 billion cubic meter (Bcm) of unconventional gas was produced in the region in 2017. The active rotary rig count in the region increased from 1,036 in January 2017 to 1,261 in January 2018. In terms of volume, North America accounted for 91.1% share of global unconventional gas market in 2017. The U.S. was the prominent producer of unconventional gas in 2017. Barnet Shale and Marcellus shale are among the important shale gas reserves in the country. Currently, shale gas constitutes 47% share of gas production in the U.S. The percentage is estimated to rise to 50% by 2030.

    Highly Competitive Market with Dominance of Leading Players

    The global unconventional gas market is highly fragmented. Key players operating in the global market are Baker Hughes, a GE company (BHGE), Schlumberger Limited, Royal Dutch Shell plc., Chevron Corporation, ExxonMobil Corporation, Total S.A., Halliburton Inc., Weatherford International Plc., National Oilwell Varco, BP plc., Emerson Automation Solutions, and TechnipFMC plc.

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  • Adhesives Sealants Market to Witness an Outstanding Growth by 2023

    The global adhesives & sealants market was valued at US$ 58,153.1 Mn in 2017 and is anticipated to expand at a CAGR of 5.1% from 2018 to 2026, according to a new report titled ‘Adhesives & Sealants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global adhesives & sealants market is driven by the rise in building and construction activities across the globe.

    Rise in Demand for Adhesives & Sealants from Building & Construction Industry to Drive Market

    The global adhesives & sealants market is primarily driven by advancements in the building & construction industry. Rise in the number of upcoming commercial building projects, especially in Asia Pacific and Middle East & Africa, is anticipated to propel the adhesives & sealants market in these regions. The residential and non-residential construction sectors in the U.S. has been expanding in the last few years. This trend is likely to continue during the forecast period. The residential construction sector in the U.S. experienced year-on-year growth of 10.52% in 2016 and 10.58% in 2017. The non-residential construction sector expanded by 7.71% from 2015 to 2016. Construction of health care, commercial, and office buildings have increased in the country. The housing industry in the U.S. is estimated to expand at a rapid pace in the near future. New York, Houston, Los Angeles, and Chicago are projected to represent 20% of total construction output in the U.S. by 2026. India is expected to become the third leading construction industry in the world by 2026.

    Implementation of Stringent Environmental Regulations Related to VOC Emission to Restrain Market 

    Volatile organic compound (VOC) emissions during the use of adhesives pose a threat to the environment. Several countries have set guidelines restricting the amount of VOCs emitted during the usage of adhesives, especially for solvent-based adhesives, in industries. Manufacturing operations are bound by rules and regulations regarding evaluation, registration, storage, usage, handling, and transportation of certain substances and their emissions, effluents, and other wastes. Violation of these regulations is expected to lead to legal compromise future business activities of the company.

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    These environmental regulations restrain the demand for solvent-based adhesives in packaging and printing industries, as heavy penalties and losses can be incurred due to violation of these government regulations. Therefore, most market players are shifting from solvent-based adhesives to water-based adhesives. Rapid industrialization and urbanization has increased air pollution, which has affected the health of people across the globe. Several developing and developed countries such as the U.S., India, and China are facing pressure from domestic and international regulatory bodies to formulate regulations to control VOC emission and reduce pollution.

    Acrylics Segment to Dominate Global Adhesives & Sealants Market

    Based on resin, the adhesives market has been segmented into acrylics, epoxy, poly vinyl acetate (PVA), polyurethane (PU), styrenic block, ethyl vinly acetate (EVA), and other resins such as silicone, polyester, and fluoropolymer. In terms of resin, the sealants market has been segregated into acrylics, epoxy, poly vinyl acetate (PVA), polyurethane (PU), silicone, and others such as polyester and fluoropolymer.

    The acrylic segment dominated the adhesives market. Acrylic resins are extensively being used in the production of heat resistant, water-based, and UV curing adhesives. Additionally, resins have robust bonding characteristics, fast setting time, and good environmental resistance.

    The acrylic segment of the sealants market is anticipated to expand at a rapid pace during the forecast period. Favorable physical properties such as good peel, impact, and tensile lap shear strengths are driving the demand for acrylic sealants. Excellent adhesion properties exhibited on substrates such as steel and aluminum are expected to boost their demand in automotive, consumer, and construction industries.

    Water-based Segment to Drive Adhesives Market

    In terms of technology, the adhesives market has been classified into water-based, solvent-based, hot melt, and reactive and others, which includes powder-based and oil-based. The water-based segment of the adhesives market is estimated to expand at a rapid pace during the forecast period due to their eco-friendly nature. Water-borne adhesives meet the standards imposed by the U.S. and European Union regarding VOC emissions. In addition to low toxicity, their high water content makes water-based adhesives less flammable and reduces hazardous waste.

    Automotive & Transportation Segment Dominates Adhesives & Sealants Market

    Based on application, the adhesives market has been divided into paper & packaging, building & construction, woodworking, automotive & transportation, consumer/DYI, leather & footwear, and others such as electronics and marine. The sealants market has been split into building & construction, automotive & transportation, consumer, others, which include industrial, woodworking, packaging, and electronics.

    The global automotive industry is replacing welding of engine parts assembly with adhesives and sealants to reduce the weight of the vehicle. Reduction in vehicle weight increases fuel efficiency. Automobile manufacturers are using adhesives and sealants to bond and seal vehicles’ interiors, exteriors, under-the-hood, under-chassis, and other related parts. Most major manufacturers of automobiles across the world use adhesives based on epoxy resins, as they provide strong and durable bond of dissimilar materials. 

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    Asia Pacific Dominates Global Adhesives & Sealants Market

    In terms of region, the global adhesives & sealants market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Based on consumption, Asia Pacific is expected to create lucrative opportunities in the adhesives & sealants market during the forecast period. The market in Asia Pacific, especially China and India, is expanding significantly. This, in turn, is boosting the demand for building and construction materials such as adhesives & sealants.

    Demand for adhesives & sealants in North America is driven by the presence of a large number of end-use industries and rising construction spending in the U.S. Moreover, easy availability of raw materials in the form of shale gas and numerous strategic initiatives adopted by companies such as 3M, BASF, and Avery Denison is expected to fuel demand during the forecast period.

    High Degree of Competition among Market Players

    High degree of competition exists among market players operating in the adhesives & sealants market. The market is dominated by a few major players and is moderately consolidated. Key players operating in the adhesives & sealants market include Henkel AG and Co. KGaA, Sika AG., Bostik SA, RPM International Inc., KCC Corporation, H.B. Fuller Company, The 3M Company, Illinois Tool Works Inc., Avery Dennison Corporation, Huntsman International LLC., DowDuPont Inc., Ashland, and Akzo Nobel N.V.

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  • Optical Brighteners Market is Expected to Expand at an Impressive Rate by 2026

    In terms of revenue, the global optical brighteners market is projected to expand at a CAGR of 4.9% from 2018 to 2026, according to a new research report titled ‘Optical Brighteners Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) In terms of value, the global optical brighteners market is expected to reach US$ 2,036 Mn by 2026. The market is driven by the rise in demand for optical brighteners in detergent products. The optical brighteners market in Asia Pacific is estimated to expand at a CAGR of 5.4% during the forecast period, owing to the rapid increase in demand for optical brighteners in the cleaning sector in the region. Based on chemical, the stilbene segment held major share of the global optical brighteners market in 2017. However, the diphenyl pyrazoline segment is anticipated to expand significantly from 2018 to 2026.

    Rise in Demand for Detergents Likely to Boost Market

    Based on chemical, the stilbene segment accounted for major share of the global optical brighteners market in terms of value and volume in 2017. Stilbene provides excellent whitening properties in several applications. Optical brighteners absorb lights. This enhances the cloth appearance. The stilbene compound can be combined with other fluorescence agents for improving attractive appeal in the commercial applications. This is projected to boost the optical brighteners market during the forecast period. Stilbene is widely used to manufacture detergents and cleaning powders. Most detergent manufacturers use optical brighteners to enhance product quality and cleaning efficiency. This is projected to propel the demand for optical brighteners.

    High Cost of Investment and Toxic Characteristics to Restrain Market

    Optical brighteners are chemical compounds obtained from long chemical reactions. The manufacturing process of optical brighteners is carried using specialized technology and machinery. This increase overall investment cost. Pure chemical nature provides high toxicity in case of direct human contact. These factors are anticipated to hamper the market in the near future. 

    Cosmetics Industry offers Lucrative Opportunities

    Optical brighteners are employed widely in the cosmetics industry due to their excellent whitening properties. Brightening agents are used to reduce dark skin shades and circles in various cosmetic products. Whitening agents play an important role in cosmetic products. Stilbene and diphenyl pyrazoline are primarily used by cosmetic companies to improve product quality. This is projected to fuel the optical brighteners market in the near future. Optical brighteners are widely used for the whitening of pulp and paper products. They enhance their attractiveness by adding fluorescent agents to paper pulp. Rise in demand for paper products across the globe is anticipated to drive the optical brightening market during the forecast period.

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    Asia Pacific Accounts for Major Share in Terms of Volume and Value

    Asia Pacific was the major region of the global optical brighteners market, accounting for more than 40% share in terms of volume and value in 2017. Growth in urbanization is fueling the demand for optical brighteners in various end-use industries such as textile, paper, detergents, and plastics in emerging economies of Asia Pacific. China is a prominent manufacturer of optical brighteners in the global market. The country has experienced exponential growth in e-commerce in the last two years. This has boosted the demand for detergents and cleaning liquid, thereby fueling the demand for optical brighteners in cleaning applications. Furthermore, advancements in the fashion industry and improvements in lifestyle in emerging economies such as China and India are likely to augment the demand for optical brightening products in Asia Pacific. Increase in infrastructure activities, rise in focus on trade activities, and growth in awareness about hygiene products are anticipated to propel the demand for optical brighteners in India during the forecast period.

    Global Optical Brighteners Market is Primarily Fragmented   

    The report comprises profiles of major companies operating in the global optical brighteners market. The global optical brighteners market is fragmented with the presence of a few small players. Key players include Dayglo Color Corp, BASF Corporation, Huntsman International LLC., Clariant AG, Milliken Chemical, Rudolf Group, Brilliant Group, Inc., Aron Universal Ltd, Archroma Brand & Performance Textile Specialties, Blankophor GmbH & Co. KG, Zhejiang Transfar Foreign Chemical Co., LTD., Paramount Minerals and Chemicals Limited, Eastman Chemical Company, Kolorjet Chemicals Pvt Ltd., and Meghmani Group. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. The report also comprises a matrix of comparison between the top four players operating in the global optical brighteners market along with analysis of their key strengths for 2017.

     

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  • Flexographic Inks Marketto Witness Widespread Expansion by 2025

    The global flexographic inks market was valued at US$ 4.6 Bn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new research report published by Transparency Market Research (TMR) titled ‘Flexographic Inks Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Flexographic inks are manufactured by using various petrochemical-derived raw materials such as carbon black, mineral oils, resins, solvents, and other intermediates. Flexographic inks can be used on a wide range of substrates to obtain an excellent printing quality, irrespective of the substrate material.
    Wide Usage of Flexographic Printing Technology Propels the Flexographic Inks Market
    Flexographic printing is one of the most important conventional printing processes. It employs flexible printing plates to print on various substrates. Historically, flexographic printing was known as aniline printing, primarily because flexographic printing presses used inks based on aniline dyes. The flexographic printing process is mostly used to print on flexible materials including corrugated boxes, paper and plastic bags, folding cartons, milk cartons, disposable cups, tags, and labels. Printing plates employed in the flexographic printing process are made of plastic, rubber, or photopolymer. This assures high flexibility and longevity. Flexographic printing plates have raised images, which are rubbed against the substrate to produce the required image on the substrate. Flexographic inks are supplied to ink rolls through the ink reservoir. These rolls further supply the ink to anilox rolls, which monitor the ink and apply the ink in a required amount to the cylinder containing flexographic plates. These plates are pressed against the substrate to produce the required image on the substrate.
    Stringent Environment-related Laws and Volatility in Raw Material Prices to Restrict Market
    Stringent regulations related to VOC emissions have forced ink manufacturers to comply with environment-related, health, and safety standards during the production of printing inks. The U.S. Environmental Protection Agency (EPA) has developed the ‘EPA Test Method 24’ as a standard test to determine the amount of VOCs in inks. Usage of inorganic solvents and toxic metals, such as cadmium, hexavalent chromium, lead, and mercury, in printing inks adversely affects the environment.
    Volatility in crude oil prices is another key factor likely to restrict the flexographic inks market during the forecast period. Crude oil is one of the major raw materials used in the manufacture of printing inks. Crude oil prices have been fluctuating significantly for the last few years, which has adversely affected prices of flexographic inks.
    Global Flexographic Inks Market Segmented based on Type, Application, Resin, and Region
    In terms of type, the global flexographic inks market has been segmented into water-based, solvent-based, and UV-cured. The water-based segment holds a major share of the global market, due to low prices and eco-friendly properties of water-based flexographic inks. Based on application, the market can be segmented into packaging (including flexible packaging, corrugated containers, folding cartons, tags & labels, and others) and others. Packaging is the most common application of flexographic inks. The packaging segment accounts for a major share of the global market. Flexible packaging and corrugated containers sub-segments dominate the packaging segment. These types of packaging have been increasingly adopted in medical and food & beverages industries in the last few years. In terms of resin, the global flexographic inks market has been categorized into nitrocellulose, polyamide, polyurethane, acrylic, and others. The polyurethane segment accounts for the maximum market share, closely followed by the polyamide segment.
    In terms of region, the global flexographic inks market has been divided into North America (the U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, the U.K., France, Italy, Spain, Russia & CIS, and Rest of Europe), Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific), and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa).
    Asia Pacific is expected to remain a highly attractive region of the global flexographic inks market during the forecast period. International players have increased their focus on Asia Pacific, as more than 50% the global population as well as emerging markets are present in the region. The market for flexographic inks in North America and Europe is more mature than that in Asia Pacific, Middle East & Africa, and Latin America.
    Inorganic Growth a Key Strategy of Multinational Companies
    Key manufacturers of flexographic inks include Altana AG, Zeller+Gmelin GmbH & Co. KG, Flint Group, Sun Chemical Corporation, and Toyo Ink SC Holdings Co. Ltd. Inorganic growth has been a key strategy adopted by these multinational companies over the last few years. They have increased their market penetration by developing a wide network of distributors and suppliers. This has resulted in considerable competition for local players.

  • Flexographic Inks Market to Witness Widespread Expansion by 2025

    The global flexographic inks market was valued at US$ 4.6 Bn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new research report published by Transparency Market Research (TMR) titled ‘Flexographic Inks Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Flexographic inks are manufactured by using various petrochemical-derived raw materials such as carbon black, mineral oils, resins, solvents, and other intermediates. Flexographic inks can be used on a wide range of substrates to obtain an excellent printing quality, irrespective of the substrate material.
    Wide Usage of Flexographic Printing Technology Propels the Flexographic Inks Market
     
    Flexographic printing is one of the most important conventional printing processes. It employs flexible printing plates to print on various substrates. Historically, flexographic printing was known as aniline printing, primarily because flexographic printing presses used inks based on aniline dyes. The flexographic printing process is mostly used to print on flexible materials including corrugated boxes, paper and plastic bags, folding cartons, milk cartons, disposable cups, tags, and labels. Printing plates employed in the flexographic printing process are made of plastic, rubber, or photopolymer. This assures high flexibility and longevity. Flexographic printing plates have raised images, which are rubbed against the substrate to produce the required image on the substrate. Flexographic inks are supplied to ink rolls through the ink reservoir. These rolls further supply the ink to anilox rolls, which monitor the ink and apply the ink in a required amount to the cylinder containing flexographic plates. These plates are pressed against the substrate to produce the required image on the substrate.
     
     
    Stringent Environment-related Laws and Volatility in Raw Material Prices to Restrict Market
     
    Stringent regulations related to VOC emissions have forced ink manufacturers to comply with environment-related, health, and safety standards during the production of printing inks. The U.S. Environmental Protection Agency (EPA) has developed the ‘EPA Test Method 24’ as a standard test to determine the amount of VOCs in inks. Usage of inorganic solvents and toxic metals, such as cadmium, hexavalent chromium, lead, and mercury, in printing inks adversely affects the environment.
     
    Volatility in crude oil prices is another key factor likely to restrict the flexographic inks market during the forecast period. Crude oil is one of the major raw materials used in the manufacture of printing inks. Crude oil prices have been fluctuating significantly for the last few years, which has adversely affected prices of flexographic inks.
     
    Global Flexographic Inks Market Segmented based on Type, Application, Resin, and Region
     
    In terms of type, the global flexographic inks market has been segmented into water-based, solvent-based, and UV-cured. The water-based segment holds a major share of the global market, due to low prices and eco-friendly properties of water-based flexographic inks. Based on application, the market can be segmented into packaging (including flexible packaging, corrugated containers, folding cartons, tags & labels, and others) and others. Packaging is the most common application of flexographic inks. The packaging segment accounts for a major share of the global market. Flexible packaging and corrugated containers sub-segments dominate the packaging segment. These types of packaging have been increasingly adopted in medical and food & beverages industries in the last few years. In terms of resin, the global flexographic inks market has been categorized into nitrocellulose, polyamide, polyurethane, acrylic, and others. The polyurethane segment accounts for the maximum market share, closely followed by the polyamide segment.
     
     
    In terms of region, the global flexographic inks market has been divided into North America (the U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, the U.K., France, Italy, Spain, Russia & CIS, and Rest of Europe), Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific), and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa).
     
     
     
     

  • Anti Icing Coating Market Set for Rapid Growth and Trend, by 2027

    The global anti-icing coatings market was valued at US$ 488.6 Mn in 2017 and is anticipated to expand at a CAGR of 14.04% from 2018 to 2026, according to a new report titled ‘Anti-icing Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global anti-icing coatings market is driven by the rise in demand for these coatings in the aerospace & automotive segment. Europe accounts for major share of the global anti-icing coatings market.

    High Costs and Safety Concerns Associated with Damages Caused due to Icing to Drive Market Growth

    Icing or accumulation of ice caused by freezing of liquid on a surface hampers the functioning of systems. For instance, icing on screens and body of aircraft damages their aerodynamic shape to a large extent. It also increases the load on the aircraft. This boosts fuel consumption and challenges the structural integrity of the aircraft. It can make an aircraft unsafe during severe weather conditions. Icing also occurs in power utilities and telecommunication lines. Ice accumulation leads to added burden on overhead lines and antennas, making them buckle and fail. Therefore, removal of ice is critical for the performance and safety of systems that are exposed to icing. Anti-icing coatings play an important role in curbing costs and safety concerns associated with icing. This is estimated to be a key factor augmenting the anti-icing coatings market during the forecast period. 

    Lack of Technology to Improve Performance Acting as Restraint

    Anti-icing coatings have low durability. This makes them susceptible to mechanical wear and tear. These coatings need to be applied at regular interval and are not easy to repair. Sometimes, mechanical removal of ice is necessary even after the application of these coatings. Lack of technology to produce anti-icing coatings of longer durability and desired properties is anticipated to restrain the global anti-icing coatings market during the forecast period

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    Metals Segment to Dominate Global Anti-icing Coatings Market

    Based on substrate, the global anti-icing coatings market has been segmented into metal, glass, concrete, and others (including plastics). The metal segment is estimated to dominate the global market during the forecast period. The segment is projected to expand at a rapid pace during the forecast period. Anti-icing coatings provide a layer of protection from the environment and reduce accretion of ice on the metal surface. The glass segment is likely to lead the market growth during the forecast period.

    Aerospace & Automotive Segment to Lead Demand Growth

    In terms of application, the global anti-icing coatings market has been divided into aerospace & automotive, renewable energy, power utility & telecommunication, construction, and others (including plastics). The aerospace & automotive segment accounted for dominant share of the anti-icing coatings market in 2017. The segment is expected to expand at a rapid pace during the forecast period. The renewable energy segment held large share of the market in 2017. The segment is anticipated to expand at a rapid pace during the forecast period due to the rise in use of anti-icing coatings on wind turbine rotor blades. Anti-icing coatings are widely used on rotor blades of wind turbines. Icing causes safety hazards to rotor blades and leads to forced stoppages of wind power plants. These power downtimes prove uneconomical. Icing also adversely affects the life and mechanical strength of blades. Removal of ice mechanically from rotor blades is not feasible. Anti-icing coatings are more convenient alternatives.

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    Europe Dominates Global Anti-icing Coatings Market

    Based on region, the global anti-icing coatings market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Europe was the leading region of the global anti-icing coatings market in 2017. The region is estimated to maintain its dominance during the forecast period. Europe comprises Nordic countries, which have cold climate and are prone to problems caused by ice accumulation. The market in the region is estimated to expand at a significant pace during the forecast period. North America is also a key consumer of anti-icing coatings. The market in the region is likely to expand at a rapid pace in the next few years. This can be ascribed to the prevalence of cold climatic conditions in the region. In terms of demand, Asia Pacific holds important share of the global anti-icing coatings market. The market in Latin America and Middle East & Africa is projected to create lucrative opportunities for the anti-icing coatings market during the forecast period.

    High Degree of Competition among Market Players

    The market is dominated by large players. Presence of a large number of small- and medium-sized players makes the market highly competitive. Key players operating in the market are PPG Industries Inc., DowDuPont, The 3M Company, NanoSonic Inc., Aerospace & Advanced Composites GmbH, NEI Corporation, Cytonix, and NeverWet LLC. High growth potential is encouraging new local and international players to enter the market.

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  • India Essential Oils Market Set for Rapid Growth and Trend, by 2030

    India Essential Oils Market: Introduction

    In terms of value, the India essential oils market is anticipated to expand at a CAGR of ~4% from 2020 to 2030. Growing trend of adoption of ayurvedic products and rising demand for natural personal care products in India are factors driving the essential oils market in the country. Growth of the organic cosmetics & homecare products industry in India would create lucrative opportunities for the essential oils market in the country in the near future. Rising awareness about benefits offered by natural ingredients boosts their adoption, which drives usage of essential oils in various applications. Therapeutic benefits offered by essential oils are anticipated to drive the demand for these oils in India during the forecast period.

    Increase in the consumption of essential oil as natural preservatives is anticipated to boost the essential oils market in India during the forecast period. Moreover, increasing consumption of essential oils in various applications, including food & beverages, cosmetics, homecare products, and pharmaceuticals drives the market in the country. Rising regulations on the usage of chemical-based essential oils are estimated to drive the market for essential oils in India in the next few years.

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    Volatile Prices of Raw Materials to Hamper Market in India

    High prices of essential oils restrain the essential oils market in India. Insufficient production of raw materials and unavailability of these materials in enough quantity raise their prices. Volatile prices of raw material led by their irregular supply are projected to hamper the essential oils market in India during the forecast period. Low supply of raw materials puts burden on the essential oils market in India. Changing climatic conditions may result in poor harvesting. Additionally, availability of low-cost chemical-based substitutes also hampers the essential oils market in the country. Adulteration, residues of solvents and pesticides, and microbial contaminations are other factors hindering the essential oils market in India.

    Lack of quality management and advanced procurement facilities is a key factor responsible for quality degradation. Deficiency in quality and purity management is another major restraint of the essential oils market in India.

    Cornmint Oil to Dominate India Essential Oils Market

    In terms of product, the India essential oils market has been divided into citrus oil, eucalyptus oil, clove oil, peppermint oil, basil oil, cornmint oil, spearmint oil, sandal wood oil, and others. Among these, the cornmint oil segment dominated the India essential oils market, in terms of volume and revenue, in 2019. The citrus oil segment is expected to be highly lucrative from 2020 to 2030. Cornmint oil is widely used to manufacture various types of products including food, beverages, confectionery items, dental care products, homecare products, and cosmetics. Citrus oil is beneficial for digestion and to boost energy.

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    Food & Beverages to Be Key Application

    Based on application, the India essential oils market has been segregated into food & beverages, pharmaceutical, cosmetics & toiletries, aromatherapy, homecare products, fragrances, and others. Among applications, the food & beverages segment held a major share of the India essential oils market in 2019. It is anticipated to continue to dominate the market in the country from 2020 to 2030.

    North to be a Lucrative Zone of India Essential Oils Market

    Based on zone, the India essential oils market has been classified into east, west, north, and south. The essential oils market in India is projected to expand at a CAGR of more than 4%, in terms of value, during the forecast period. The market in the country is expected to offer significant opportunities to manufacturers of essential oils during the forecast period. India is a major manufacturer and consumer of essential oils. The west zone segment dominated the India essential oils market in 2019. The north zone segment is anticipated to expand at the maximum CAGR during the forecast period.

    Competition Landscape

    The India essential oils market was highly fragmented, with various small- and medium-scale manufacturers operating in the market in 2019. West zone has been a lucrative market for essential oils in India over the last few years. Leading market players have taken initiatives to expand their presence in the market in the country through new product launches and strategic partnerships with suppliers and distributors.

    Key manufacturers operating in India essential oils market Bo International, Kanta Enterprises Private Limited, Falcon Essential Oils, Indian Aroma Exports, India Essential Oils, Shiv Sales Corporation, AG Industries, BMV Fragrances Pvt. Ltd., Moksha Lifestyle Products, Kush Aroma Exports, and Veda Oils.

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  • Metal Powder Market Set for Rapid Growth and Trend, by 2027

    Key Highlights

    • The global metal powder market was valued at ~ US$ 6.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 4% during the forecast period.
    • The iron & steel type segment accounted for a major share of the global metal powder market in 2018.
    • The automotive application segment held a significant share of the global metal powder market in 2018. Around 96,804,390 vehicles (including passenger, light commercial, and heavy commercial vehicles) were sold across the globe in 2017.
    • Asia Pacific is estimated to be one of the high growth regions of the global metal powder market, owing to increase in the demand for metal powders from the rapidly expanding automotive industry.

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    Key Drivers of the Metal Powder Market
    • High growth in the automotive industry is driving the metal powder market. Components manufactured from metal powders are employed in the production of an extensive range of automotive components. Key components manufactured by using metal powders include transmission parts, engine parts, oil pumps, exhaust systems, and chassis components.
    • The manufacturing components from metal powders through powder metallurgy offers 40% or higher cost savings than other technologies due to low energy requirements. The process deploys up to 97% of the total metal, while consuming 43% less energy than conventional technologies. Powder technology can be employed to produce high-value components such as gears, bearings, and shafts. Hence, expansion in the automotive industry and rise in sales of automobiles are projected to drive the demand for metal powder in the near future
    • The demand for powder metallurgy to manufacture airframes is likely to increase in the aerospace industry due to the rise in usage of composites, titanium, and new aluminum and magnesium alloys. The need for more efficient engines is anticipated to encourage producers to develop higher-strength materials that can operate at higher temperatures.
    • The demand for powder metallurgy-based superalloy components is high in various applications, such as turbine discs, as these do not possess solidification defects inherent in castings and cast and wrought alloys. This fuels the growth of the metal powder market.

    Asia Pacific Prominent Region of the Metal Powder Market

    • Asia Pacific was the key region of the global metal powder market in 2018, primarily owing to the high growth in the automotive industry in China, India, and Japan.
    • China accounted for a prominent share of the metal powder market in Asia Pacific in 2018. The availability of low-cost labor and attractive incentive policies from the Government of China is encouraging major automotive producers and electrical & electronics manufacturers to strengthen their position in the country. Therefore, the rise in automotive production is expected to propel the demand for metal powders in China during the forecast period. 

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    Global Metal Powder Market – Key Developments

    • In May 2019, GKN Powder Metallurgy opened its new powder metallurgy headquarters and Additive Manufacturing (AM) Customer Center in North America. The 38,260 square foot facility, located in Auburn Hills, Michigan, helped the company expand its global 3D printing network and scope of in-house powder metallurgy capabilities.
    • In June 2017, GKN Hoeganaes declared that it had started the production of titanium powder for additive manufacturing, at its additive manufacturing facility co-located with its Powder Innovation Center in Cinnaminson, New Jersey, the U.S. This new powder atomizing facility is a part of the joint venture with Germany-based TLS Technik. It provides customers with a source of titanium and other specialized powders for additive manufacturing.
    • In May 2017, Sandvik Osprey Ltd, a global leading producer of gas atomized metal powders for advanced applications in net shape manufacturing, stated that, it had entered into a partnership with Desktop Metal Inc. to be a preferred supplier of a range of alloy powders for its recently-released 3D printing systems: DM studio and DM production systems.
    • In June 2014, Rio Tinto established a new metal powder annealing facility in China. The US$ 5 Mn plant in Suzhou, China, is expected to expand the company’s production capacity of metal powder by 8,000 metric tons/year, and help boost its supply to the market in China.

    Global Metal Powder Market – Competition Landscape

    • The global metal powder market is highly fragmented with the presence of a large number of players.
    • High capital investments and ongoing technological advancements in the metal powder market are anticipated to lower the threat of new players in the market.
    • Key players operating in the global metal powder market include Rio Tinto, Höganäs AB, GKN Plc., Sandvik AB, BASF SE, JFE Holdings, Inc., Vale S.A., Alcoa Corporation, Laiwu Iron & Steel Group Powder Metallurgy Co., Ltd, GGP Metalpowder AG, Sarda Industrial Enterprises, Metal Powder Company Limited (MEPCO), The Arasan Aluminium Industries (P) Ltd, MMP Industries Ltd. (MMPIL), Deva Metal Powders Pvt. Ltd, Shakambari Enterprises (India) Pvt. Ltd., Innomet Powders, Sri Kaliswari Metal Powders Pvt Ltd, Industrial Metal Powders (India) Pvt. Ltd., and D M Metal Powder.

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  • Lead-acid Battery Scrap Market to Set Phenomenal Growth by 2027

    The global lead-acid battery scrap market is expected to tread along a lucrative growth path in the years to follow. Advancements in the telecommunications industry have ushered an era of advancements within the global lead-acid battery scrap market. Lead acid batteries account for 90% of the lead scrap acquired for recycling. Furthermore, automobile batteries can also be disposed into lead acid battery scrap. The ready availability of lead-acid battery scrap, and scientists’ ability to recycle it, has given a thrust to market growth. The growing focus of the energy sector on recycling of electronic scrap has played an integral role in market growth. The total value of this market is set to increase in the years to follow.

    Transparency Market Research (TMR), in its report, predicts that the global lead-acid battery scrap market would expand at a robust CAGR of 10% over the period between 2019 and 2027. The total value of the global lead-acid battery scrap market was US$ 7.5 Bn in 2018, and this value shall touch US$ 19 Bn by 2027. Use of lead-acid battery scrap in the oil and gas industry has emerged as a prominent driver of demand within the global market.

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    Fresh Channels to Avail Battery Scrap

    Advancements in the field of minerals and metallurgy has emerged as a distinct driver of demand within the global market. Several channels for availing lead-acid battery scrap have come the fore in recent times. Alibaba is an important e-commerce vendor that hosts lead-acid battery scrap from various trading companies and units. Drained lead acid battery scrap is readily sold by several traders in the international market. Availability of robust distribution channels has helped these traders in selling out their scrap materials. Therefore, the growth of this market largely depends on the interconnectivity of regional distributors and traders.

    Defense and Aerospace Sector as Key Consumer

    The defense and aerospace industry is a heavy consumer of lead-acid batteries and several other systems that excrete out scrap in voluminous amounts. Besides, the automobile industry also discharges futile materials containing several metals in respectable quantities. Therefore, the growth of the global lead-acid battery scrap market relies on advancements in recycling technologies across the aforementioned industries. Regional government have begun commissioning specific bodies to oversee the recycling dynamics of major industries. Considering this, it is safe to expect that the global lead-acid battery scrap market would trace an ascending graph of demand.

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    KC Recycling’s Bar of Investment

    KC Recycling is an established entity for recycling cathode-ray tube from electronic scrap, lead-acid batteries, and television screens. The company lately revealed its plans to make increased investments towards enhancing its recycling capacities. Based on British Columbia, KC Recycling is the amongst the largest electronic recyclers in the Pacific Northwest. Other key players in the global lead-acid battery scrap market are also making concerted efforts to increase their profit margins and acquire a larger consumer base.

    Some of the leading vendors in the global lead-acid battery scrap market are Engitec Technologies SpA, Bee’ah Sharjah Environment Company LLC, Johnson Controls International PLC, ECOBAT Technologies Ltd, and SYSTEMS SUNLIGHT S.A.

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  • Dairy Alternatives Market Estimated to Expand at a Robust CAGR by 2029

    A recent report by Transparency Market Research states that the global dairy alternatives market shall witness a massive 8% CAGR in the tenure of 2019 to 2029. With this rate the experts at Transparency market predicts that the global dairy alternatives market shall reach to the value of 34.6 bn by the end of 2029. This growth of the market is attributed to the growing health concerns and rising awareness of people for fitness. To get into better shape, people are restricting themselves from consuming traditional dairy products, this is also a major factor that is boosting the growth of global dairy alternatives market from 2019 to 2029.

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    Hectic Life Schedule of People to Drive the Growth

    Today majority of the people are busy running to meet the daily bread. They are so much engulfed in so called rat-race that they oversee the effects of health eating. This as a result is impacting their health in an adverse manner. To avoid missing nutrition and have proper diet, people are inclining toward non-modified convenient food products. This inclination is stimulating the businesses to develop healthy, long lasting and tasty non-dairy products that can help the consumers meet their daily dose of nutrition and keep them healthy. This growth is one of the major factor that is boosting the growth of global dairy alternatives market from 2019 to 2029. 

    Probiotics’ Benefits Further Accelerates the Market Growth

    As mentioned, busy life schedule and distressed eating habits, people are facing major functional disorders. Majority of them are affected by stomach oriented disorders that are caused by biologic substances. To prevent this, people are consuming huge amount of probiotic drinks. These drinks allow the players to restore the metabolism and improves the immunity of the consumer. This as a result is influencing the growth of global dairy alternatives market from 2019 to 2029. 

    Food-Borne Allergies Risk Also Plays an Important Role

    Consumers are now highly choosy when it comes to eating. They check entire ingredient of the food product and ensure it lacks the component to which they are allergic to. To minimize the risk of food-borne allergies, the people are actively adopting dairy alternative products. This also serves as a major factor that boosts the growth of global dairy alternatives market from 2019 to 2029. 

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    Asia Pacific Emerges as the Most Lucrative Region

    Dairy industry is highly prominent in Asia Pacific. People consume dairy products on a regular basis as part of their daily meal. However, with growing concerns health and negative impact a dairy product can cause to the health of the consumers, several people of Asia Pacific region are now inclining toward dairy alternatives products. This makes Asia Pacific as one of the fastest growing region of global dairy alternatives market during the projected tenure.

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  • Egg Protein Market Estimated to Expand at a Robust CAGR by 2029

    Egg Protein Market to Reach a Valuation of ~US$ 1.8 Bn by 2029: Transparency Market Research 

    According to a new study by TMR, the egg protein market is expected to reach ~US$ 1 Bn in 2019, and record a Y-o-Y growth of ~6% during the forecast period. Growth of the egg protein market remains driven by a slew of factors, which range from rising demand for protein-oriented products, and changing regulations in the food and beverage industry, to growing awareness among consumers around the world.

    Egg proteins have different functions such as thickening, leavening, binding, preservatives/antimicrobial, emulsifying, crystalization, and others. Owing to the growing end-use applications due to multiple functionalities, binding is becoming popular, and this segment is expected to grow rapidly at a CAGR of 8.5%, in the global egg protein market during the period of 2019-2029.

    Egg proteins are used in various industries such as functional beverages, dietary supplements, sports & infant nutrition, prepared food, bakery & confectionery, pharmaceuticals, personal care products, dairy & desserts, meat analogues, breakfast cereals, and protein and nutrition bars.  The use of egg protein is increasing rapidly in sports nutrition, as such, pushing the growth of the global egg protein market.

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    Rising Health and Wellness Consciousness Creating a Catalytic Effect

    With rising health issues such as obesity, diabetes, and blood pressure, consumers have become highly conscious about their wellness. From youngsters to older individuals, all age groups are concentrating on exercising regularly and following a proper diet plan. 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 egg protein products.

    Egg Protein Market – Rising Focus on Quality

    Consumers prefer excellence in quality and service. Companies are investing in research & development to create unique and innovative egg protein products with great quality. Companies are concentrating on adopting the latest technologies by which they can maintain high quality standards. Consumers choose brands with best quality egg protein products, and have various options to choose from. Competition is increasing rapidly in the egg protein market. Consumers are ready to pay a good amount for high-quality egg protein products.

    e-Commerce and Online Stores – Easing Entry Barriers and Distribution Costs

    Egg protein is derived from eggs. The easy availability of eggs in conjunction with high demand has resulted in increasing number of small-, medium-, and large-scale manufacturers across the world, which is the reason for the intensive competition in the egg protein market. To sustain their position in the egg protein market, companies are manufacturing high-quality egg proteins with multiple benefits. Manufacturers are focusing on launching new and innovative products using egg protein.

    Online retail channels provide numerous benefits to small- and medium-scale producers of egg proteins who might face entry barriers such as high marketing costs. Online retail channels help minimize the distribution cost and aid their products in reaching a large number of consumers, which helps increase their brand awareness and the sale of their products. Multiple online stores also offer organic, natural, and clean label egg protein products that are not easily available in regular offline stores.

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    Global Egg Protein Market: Competitive Landscape

    Some of the key players operating in the global egg protein market are Davisco Foods International, Inc., Kewpie Corporation, Cargill Inc., Rose Acre Farms, Deb-El Foods, Bouwhuis Enthoven, Wulro BV, Igreca, Sanovo Egg Group, Rembrandt Enterprises Inc., Interovo Egg Group BV, Adriaan Goede BV, and Now Health Group, Inc., among others. 

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