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The Escalating Role of Expanded Polystyrene in Construction Sector has Heightened its Overall Growth

According to a recently published Fact.MR report, global value sales of Expanded Polystyrene reached over US$ 15 Bn in 2019, and are poised to record a significant growth through 2019. The report opines that East Asia will hold its dominance in the Expanded Polystyrene market, underlined by the persistent demand from end-use industries in the region. The presence of key manufacturers in the area includes BASF SE, Total S.A., Synthos S.A., Wuxi Xingda New Foam Plastics Materials Co., Ltd, Versalis S.P.A., and others are complementing a value sales of the Expanded Polystyrene in the region. Recycling deadlocks will coerce market players towards extending provisions on reuse.

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The rising usage in several different applications across end use industries will boost the demand for Expanded Polystyrene to provide a sustainable growth rate to the global Expanded Polystyrene market. Sheathing in residential and commercial construction is the most basic and widely used application for EPS insulation. In 2018, East Asia accounted for over 40% value sales of Expanded Polystyrene market. The several schemes and government projects for urbanization in India such as “housing for all” has given a boost to the construction industry in this region. Similarly, the road and marine network from China to Italy, ‘One Belt One Road Initiative’ by China will enhance the construction activities and propel the demand of Expanded Polystyrene during the forecast period. Among other regions, Europe is expected to gain a significant market share in terms of both value, as well as volume, owing to the presence of well-developed industries. South Asia and Oceania are likely to witness strong growth as compared to other developed and developing regions.

Construction Sector Driving the Need for Expanded Polystyrene

Rapid infrastructural and construction activities, fueled by the economic boom in emerging economies, is foretold to drive the expanded polystyrene market in the construction sector. Polymers have become increasingly important as an engineering material and one of the essential building blocks in the construction of engines, vehicles, household articles, and buildings. The construction industry is typically quite cautious about changing tried-and-tested methods and requires new materials to have a proven track record. The versatility of EPS allows it to be used for a huge variety of different purposes includes Snow sports helmet, Infant car seats, Air conditioning units, Seating for sports and others. Nevertheless, the benefits of expanded polystyrene are often too great to ignore and they are making a big impact in a growing number of areas.

High Insulating Properties and Moisture Resistance have made Expanded Polystyrene a Popular Choice

The effectiveness of packaging revolves mainly around surviving the drops. Foam materials continue to pass the drop tests successfully and ensure that the goods being wrapped incur the least amount of shock, regardless of their fragility. The above features are anticipated in the usage of Expanded Polystyrene in several applications across the packaging industry. Key players in the global Expanded Polystyrene market continue to dutifully test their solutions across a range of drop heights and fragility indexes. Flexibility of Expanded Polystyrene materials has been exceptional in dissipating the impact of the fall. Meanwhile, Expanded Polystyrene materials wrapped around rugged objects with sharp corners can demonstrate low levels of impact responsiveness, and can lower the static stress immediately. Dynamic cushioning properties and anti-corrosive properties of Expanded Polystyrene are further boosting their use in production of protective packaging solutions. End-users are astutely adopting foam protective packaging to avoid additional costs arising from faulty shipping processes leading to escalated growth of global Expanded Polystyrene market in the forecast period.

The Fact.MR report offers forecast of the Expanded Polystyrene market for the period 2019-2027. According to the report, the Expanded Polystyrene market is projected to record over 4% CAGR through 2027. The Packaging sector continues to generate lucrative value opportunities for players engaged in manufacturing of Expanded Polystyrene for packaging.


Lithium-ion Battery Cathode Market Future Trends, Major Drivers and Opportunities to 2029

The lithium-ion battery cathode market operates amid a high degree of consolidation with only a handful of players operating in the top tier. The leading players accounting for ~50% of the total lithium-ion battery cathode market shares, include Umicore SA, BASF SE, and Sumitomo Chemicals.

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Leading players operating in the lithium-ion battery cathode market continue to exploit strategic merger and acquisition activities to broaden their exposure in overseas territories. While these players continue to strenuously focus on expansion of their production capacities, new investments will remain of paramount importance for them. For instance, in November 2018, BASF SE declared its plans to refocus efforts on the manufacturing of NMC cathode material that comprises 70% manganese, 20% nickel, and less than 5% cobalt.

Currently lenient in some parts of the world, emission laws are likely to turn stringent with an emphasis on environmental sustainability, which will potentially manhandle the adoption of lithium-ion battery cathode to a higher rate. For regional players in the market, this will be the key differentiating factor for a competitive edge.

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On the other side, regional players continue to struggle with the development of lithium-ion battery cathodes within the permissible limits of regulatory norms. For example, 3M augmented its investments in Nanoscale components for improving lithium-ion batteries. With the upsurge in the demand for these batteries in Asia Pacific’s consumer goods and automotive sector, investments in this region are likely to translate into greater ROI.

Low competency in terms of excessive heat tolerance will remain the key restraint paling the high popularity of lithium-ion battery cathode, which incites manufacturers to foster innovation in the landscape and move the quality gradient of the lithium-ion battery cathodes to higher scales. Manufacturers of Li-sulfur batteries, however, are likely to claim a share in sales, solely closed by lithium-ion batteries, in light of their lighter weight, lower costs, and capability to store twofold energy, when compared to Li-ion batteries.

The production of lithium-ion battery cathodes relies on a streamlined supply of raw minerals and processed functional materials. However, the depletion of mineral reserves in countries, such as India, Philippines, Vietnam, Mexico, Argentina, and Indonesia, is likely to deter the growth of the lithium-ion battery cathode market.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/


Canned Cocktails – An Exotic Way to Renew Thirst in the Alcohol Market

‘Canned cocktails’ has become a spicy word in the alcoholic beverages market and notable mainstream companies have already taken a dive in the pool of canned cocktails.  Fact.MR opines that the global canned cocktails market is to show a handsome growth of greater than 20% over the forecast period primarily influenced by the increased consumer demand for convenience and easy availability. These trends coming to the fore in the global alcoholic beverages industry landscape shall influence canned cocktails market over the forecast period shaping a pathway for its growth.

FactMR found that increasing consumer demand for convenience and premium taste is fueling the growth of canned cocktails market through 2029. Consumer inclination for a convenient format for consumption and carriage, combined with exceptional taste, will continue to provide a ladder for sales of canned cocktails in the upcoming future.

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Alcoholic beverages companies have already infiltrated the canned cocktails market, with leading distilleries investing significant amounts to leverage the market for growth opportunities. They are also banking on the fact that consumers are choosing newer premium products over archaic options in the foreseeable future. The study finds that fruit additives based canned cocktails are leading the way, accounting for nearly three quarter share of non-alcoholic additive segment of canned cocktails market. The non-alcoholic additive segment itself holds approximately 80% of the global canned cocktails market. The market players are focusing their efforts towards navigating the hazy rules & regulations to deduce prospective opportunities in canned cocktails.

The companies making an advent into the canned cocktails vertical are looking at the craze for cocktails in the bars and pubs across the globe. The alcoholic beverage industry is already driven by the trending shift of gen Y from usual beers and wines to cocktails. Ease of availability continues to be the key sales propellant of canned cocktails, as these beverages can be merchandised in retail stores and convenience stores where generally high alcohol spirits cannot be legally sold.

The FactMR study also found remarkable uptick in consumer preference for spirit based canned cocktails, which range from gin, whiskey to tequila and vodka. Although the regional spirits like cachaça and saké currently accounts for meagre share of canned cocktails market, they are projected to permeate deep in the culture of alcoholic beverages as the paradigm shift happens towards midget markets. The study also foresees the sale of canned cocktails with alcohol content (ABV) of 5-8% which will show maximum demand during the forecast period.

Canned cocktails infused with fruit additives have been the first preference among consumers, however canned cocktails with caffeine ingredients shall give fruit additive cocktails a run for their money in the foreseen period. These two categories are estimated to account over 80% worldwide trade in non-alcoholic additive categories. The study envisions the sale of cans with volume of 250 ml to 350 ml will hold a significant share in the market but cans of volume less than 250 ml will dominate. This is owing to the fact that the global consumers’ per-capita appetite for alcohol is reduced even after increase in the market for alcoholic beverages.

Leveraging emerging technologies in canning process, while tracking the trends in mainstream alcoholic beverages industry to innovate exceptional cocktails, continue to remain key strategies of emerging players in the canned cocktails market. Additionally, the acceleration in travel and leisure industry will bolster the growth of canned cocktails on account of the fact that people like to consume their favorite drinks on-the-go. A greater emphasis on consumer consumption trends like sugar-free and gluten-free canned cocktails continues to mould prospects of canned cocktails market.


Health Nutrition Trends Shaping the Future of the Global Whey Protein Market Reveals Fact.MR

Fact.MR finds that the global trends in health and wellness have made whey protein concentrate synonymous with key innovations in sports industry. People who work out regularly have a strong affinity for whey protein concentrate owing to its health benefits. The recent inclusion of probiotics in whey protein concentrate drinks is further enhancing the health quotient of these drinks and is likely to fuel the growth of the market. Furthermore, the versatility of whey protein concentrate allows it to be used extensively with infant formulae, snacks, confectionaries, and dairy products. The global whey protein concentrate market is likely to gain impetus during the forecast period of 2019 to 2027 owing to a strong trend towards protein and high protein products across the entire food and drinks market. As whey has become a key strategic resource in the dairy market, the leading global dairy corporations are increasingly looking at additional future whey streams to maintain supremacy in the global market

However, the high maintenance costs of whey protein concentrate are passed onto customers and this is one of the major restraining factors that could cause hinder the market growth. The fluctuating price of raw materials and price level volatility also hampers the growth of whey protein concentrates market. 

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The Market Will Significantly Surge with the Advent of Sports and Nutritional Products”

FactMR opines that whey protein concentrate used for sports nutrition will account for over 70% of the market share. Whey protein concentrate with 80% of protein concentration is being used extensively for sports nutritional products. Food multinationals are continuous searching for ways to produce or source whey protein concentrate that is economical, easily available, and can be administered to food products to improve the overall quality. Whey protein concentrate is lab-tested to determine its microbial count and nutritional profile after which the finished product is packed at a GMP, HACCP, and ISO certified production facility to be moved to other businesses. As whey protein concentrate rapidly digests in the body, its fast absorption and nutritional benefits have made food companies pay a large sum over it. Whey protein concentrate has also been found to improve, enhance texture, color, stabilize dry mixes, offer higher shelf-life, and improve the quality of processed meat and dairy products, bakery products, beverages, and snacks.

Nutraceutical Applications Have Skyrocketed the Demand of Whey Proteins Concentrates

The upcoming food industry trends demand the application of several substances rich in residues for food industries as value-added products. The strong growth application includes infant formula and dietary supplements. Target groups are now the generally active consumers rather than just athletes and sportsmen. The several nutraceutical companies are administering whey protein concentrate and even using it as a marketing approach. The mounting growth of healthy food and beverages, including functional ready-to-drink beverages in developing economies, is causing the increase in commerce for whey protein concentrate. When health is compromised by a disease or illness, maintaining the body’s protein requirement becomes essential to promote recovery. Whey protein concentrate has been long recognized as an immediate source of protein based on its high protein quantity. The high protein concentration allows easy digestibility and good health. Adequate protein intake is becoming important for healthy living according to a nutritionist as it provides a substrate to preserve and build vital tissues. Due to this, the consumption of food materials with an adequate amount of whey protein concentrate becomes paramount.


Honey Market to Register 5.1% Forecasted Growth Reveals Fact.MR

The processed food industry has showcased impressive developments in the present years and has offered a feasible enhancement to honey, thereby driving expansion in the honey market. Retail food industry is seeing an optimistic growth, and gaining massive momentum thus giving an impetus to the honey market. The growth is spurred owing to the demand for varietal honey like Manuka honey, Blueberry honey, Dandelion honey.  The production of the mono-floral honey is increasing over the last few years thus boosting the demand for varietal honey.

The current evolution trends of honey market are being witnessed due to the cumulative number of the functional food industries, beverages industries and nutritional food industries across all the regions of the globe. The wide range of flavors of honey is a new trend in the market. Moreover, the craft brewing industry is using differently flavored honey to match the flavor of the beer to be brewed.

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With the escalating need for everyone to lead a healthy lifestyle, consumers across the globe are more inclined towards consuming food products with natural ingredients, rather than consuming food products with unnatural or chemical additives. Also, as mentioned in Ayurveda, honey has enormous medicinal properties, and correct amount  can heal many health disorders such as atherosclerosis. The phenolic compounds present in honey prevent the risk of atherosclerosis and other cardiovascular disorders. The rising health awareness among buyers will surge the demand for healthy foods and ingredients, thus, increasing the demand for honey globally.

Wide Range of Industrial Applications Creating Lucrative Opportunities

The rate of consumption of honey is increasing across the globe, due to its versatile uses and benefits, which certainly creates a prominent impact on the food and beverage industry in the world. The interesting combination of physical appearance and properties such as flavor and color of honey is attracting various food industries like bakery, confectionery, breakfast and cereals, sauces, frozen foods, ice creams, marmalades, beverages, chocolates, snack bars and nutritional food products. Today brewing industries are using honey for wide applications such as flavoring agent as well as natural sweeteners in the beer brewing which is increasing traction for the varietal, mono-floral honey.

Most of the food products produced today are sure to have honey as an ingredient, which acts as a prebiotic, antioxidant, clarifying agent, fermentation agent, along with adding a flavor to the food. As many consumers are aware of the fact that honey offers ample health benefits and helps in losing weight, food products that have honey as an ingredient are more likely to be preferred by health-conscious consumers across the globe. Impeccable taste, flavor of honey and its nutritional facts easily enable the food product manufacturers to use it as a healthy and low-calorie substitute of sugar as a sweetener.

Distribution of Adulterated Honey Hampering Consumer Confidence Towards Honey Purchase

There have been several incidents in the recent past, where most of the honey products being sold in supermarkets in different regions were found to have no pollen content in them. Addition of contaminants, antibiotics, and harmful ingredients in honey which is labelled organic, is causing consumers to be hesitant towards buying honey products from international and well-known brands. These incidences have been eroding consumer confidence, ultimately impacting its demand. Consumers are preferring to purchase these products from local vendors to ensure the good quality of honey and authenticity of the honey products. Few available brands are having synthetically added sugars hence consumers are hesitant towards purchasing these products due to lack of trust. Fraud like honey laundering are taking place globally and creating obstacles for the healthy growth of the global honey market.

East Asia to Dominate the Regional Landscape

East Asia’s dominance in honey market is expected to triumph, with a market share of nearly 35% by 2029-end due to developing food processing industries, together with increasing number of functional food and confectionary & bakery industry, particularly in East Asia, which will continue to favor the growth of honey market in the region. Honey market in Europe, is seeing a growing trend of bakery and confectionary industries and widening the scope of honey industry. This will pave the way for worthwhile opportunities for honey market in Europe.


Specialty Carbon Black Market - Competitive Dynamics and Global Industry Outlook 2027

Specialty Carbon Black Manufacturers Eye Opportunities in Wide-ranging Industries

Right from the automotive industry to the printing industry, carbon black has become ubiquitous across various industrial verticals. However, the constantly growing need for highly-advanced products is triggering innovation in the carbon black industry. The demand for specialty and high-value carbon black is on the rise, as the preference of end-users continues to evolve.

Specialty carbon black’s highly-touted properties, including ultraviolet (UV) protection, conductivity in plastics, and its ability to enhance the aesthetic appeal of various products are boosting its adoption. Transparency Market Research (TMR), in its latest offering, thoroughly analyzes the specialty carbon black market, and offers credible and incisive insights that can arm stakeholders with the arsenal to succeed.

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Market to Evolve through Environmental Regulations and Price Volatility

The specialty carbon black landscape has witnessed healthy growth in the past few years, recording global sales of ~ 1,000 kilo tons, worth ~ US$ 2 billion in 2018. With a mounting number of manufacturers in this market space, including Himadri Specialty Chemical Ltd, Orion Engineered Carbons and Cabot Corporation, expanding their production facilities, the specialty carbon black market is expected to witness significant developments in the coming years. Himadri Specialty Chemical has announced the setting up new carbon black production lines at its existing integrated plant at Mahistikry in West Bengal, India, for the production of specialty carbon black.

On the other hand, Orion Engineered Carbons has announced the expansion of the production capacity at its manufacturing facility in Ravenna, Italy, Europe, owing to the growing applications of specialty carbon black in the coatings, polymers, and printing markets. Also, Cabot Corporation is investing ~ US$ 50 million in 18 of its carbon black facilities to cater to the increasing demand from its customers in the specialty carbon black market, through debottlenecking projects and operational improvements.


Ceramics Market Worldwide Industry Growth, Future Opportunities and Top Manufacturers

The global ceramics market represents a fairly fragmented competitive landscape, with a large number of smaller companies accounting for 50% of the global market revenues. A majority of globally leading companies manufacturing and dealing in ceramics are observed to be targeting developing regions for expansion of manufacturing capacities and distribution, in the backdrop of the rapid growth of the building & construction, and infrastructure industries in several developing regions.

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Kyocera Corporation, Saint Gobain, The 3M Company, Dow Dupont, and a few others. While these players lead their way in global marketplace with established growth strategies, such as maintaining sound sales and operational infrastructure, they are also focused on expansion of the global footprint. New product developments by such globally brands will remain the regular highlights of the market over the years to come.

On the other side, the presence of followers in the global ceramics market are confined to specific regions or countries, which is a major restrain challenging them to achieve expanded shares in the global landscape. Strategic collaborations and acquisitions are likely to remain preferred plans of these companies, for improved manufacturing and distribution.

Ceramics are widely used in the construction industry that is growing at a steady pace all over the world, specifically in developing regions. The demand for construction in the housing as well as commercial sector is increasing because of growing economies, urbanization, per capita income, and spending, GDP growth, population expansion.

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In addition, the fulfillment of the demand for better aesthetic design, and structural reliability and sustainability of buildings without a significant increase in prices has been achieved due to the effective use of ceramics. Sustained demand for ceramics from the construction sector will continue to remain a key driving force for the ceramics market across the globe.

The primary raw material in the production of ceramics is clay that consists of many minerals, with silica being the primary one. Clay and silica are obtained through external or natural sources, as well as through internal sources. Internal sources include recycling waste tiles and waste produced during the manufacture of tiles. Thus, the raw material for production is available in abundant quantities, which enhances the production of ceramics.

Clay is found in three raw forms: bentonite, fuller’s earth, and kaolin. The increase in clay production indicates an increased demand for clay across various purposes – of which ceramics and construction are the primary ones. Hence, the availability of clay in abundant quantities drives the ceramics market globally.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/


Rough Terrain Crane Market Expected to Witness the Highest Growth by 2027

Tier 1 players in the rough terrain crane marketplace occupy 44%-53% share of the rough terrain (RT) crane market. Considering the nature of the equipment, the hegemony of prominent players in rough terrain crane market is likely to prevail. Further, the intensive cost and heavy capital investments in the equipment landscape make entry of new players difficult in the rough terrain cranes market. Tier 2 players hold 25%-35% share of the rough terrain crane market and are trying to increase market shares by increasing production capacity and strengthening dealership network.

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Between renting and owning, end-users of rough terrain cranes show a greater propensity for rental services owing to the cost-intensive nature of the product. Further, construction activities majorly require temporary equipment solutions wherein rough terrain cranes are utilized for loading and unloading of different load capacities. Consistent entry of new competitors, increasing the cost of new rough terrain cranes and operating costs continue to challenge rental service providers to optimize rental rates in the rough terrain crane market.

Well aware of the steady demand for cranes and opportunities in the rental services landscape, rental stakeholders are improving their services by adopting new ways such as the introduction of new and efficient fleet and replacing or upgrading some of the older equipment. For instance, Maxim Crane Works L.P., the largest crane rental company in North America introduced three new Liebherr all-terrain cranes including two LTM 1500-8.1 and one LTM 1450-8.1 in September 2018.

Rough terrain cranes find significant application in non-residential infrastructure, energy sector and government projects. Oil & gas industry is the prominent end-user of the rough terrain cranes wherein construction industry also presents substantial demand. For instance, on the construction site of the international research project of ITER, Terex RT 90 rough terrain crane has been playing a significant role from past two and a half years for the generation of electricity from fusion energy with no downtime.

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In addition to more instances as these, suitable government advocacy, expansion of capacities in the utilities sector, upcoming metro projects and emphasis on the development of road infrastructure are set to sustain the sales of rough terrain cranes including both rental and new equipment sales. The rough terrain crane market is also witnessing a spurt in demand from the reclaimed land area with in-pipeline construction projects.

Boom length and overall tip length of rough terrain cranes determine the operational capabilities of the equipment in terms of lifting performance and carrying operations. Manufacturers in the rough terrain crane marketplace have introduced multiple boom length options and tip length in a bid to meet growing demand from end-user industries.

Like any other heavy duty equipment, rough terrain crane landscape continues to witness product development and innovation to align with the emerging requirements of end users. For instance, Manitowoc has introduced rough terrain cranes with a boom length of 80 meters and a maximum tip height of 120 meters. Manitowoc rough terrain cranes have seven-section full power boom and suspension system with independent hydro-pneumatic suspension and hydraulic lockout. TIL has also launched longer booms in its rough terrain cranes to deliver maximum reach and optimum lifting abilities. In September 2018, Tadano launched rough terrain crane specific for Oceania market with a maximum boom length of 18.5 meters.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/


Ethylene Propylene Diene Monomer Market Growth and Forecast 2027

TMR’s recent study on the ethylene propylene diene monomer (EPDM) market provides readers an overall market outlook with the help of a comprehensive examination of the global industry. The TMR study on the ethylene propylene diene monomer market assesses the industry in terms of the historical and current market scenario, and encloses a forecast for the period of 2019-2027. Readers are able to make long-term business decisions pertaining to the ethylene propylene diene monomer domain, with the help of the key findings and exclusive ethylene propylene diene monomer market insights included in the market study. TMR’s study also provides an evaluation of the key ethylene propylene diene monomer market dynamics that are expected to impact the market in the coming future. The EPDM market analysis also offers a detailed understanding of the key trends and developments made by competitors in the propylene diene monomer market. The TMR study is divided into key sections that allow readers to gain an individual understanding of the ethylene propylene diene monomer market.

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Key Queries Answered in the Report

  1. What are the key distribution and trade scenarios that are likely to impact the EPDM industry?
  2. What are the key factors driving the growth of the ethylene propylene diene monomer market in the next five years?
  3. Which geographies are expected to offer growth opportunities for companies serving the ethylene propylene diene monomer market?
  4. What are the key strategies incorporated by ethylene propylene diene monomer market participants in order to gain significant profits?
  5. How much value will the EPDM market hold by the end of the forecast period?

The first section in the TMR study on the EPDM market begins with a preface that includes the market definition, scope of the study, representation of the market segmentation, key research objectives, and research highlights. Following this is the executive summary that highlights the ethylene propylene diene monomer market aspects covered in the report. This section provides a concise understanding of the market elements, and enables readers understand the aspects covered in the study.

The following section in the ethylene propylene diene monomer market study is the market outline that gives key market pointers. Alongside this, the area talks about the market elements, including the development drivers, potential chances, and controlling variables. The report likewise incorporates a worth chain examination, Porters Five Forces Analysis, and Qualitative Analysis on the EPDM assembling process, import send out situation, and the estimating investigation concerning the locale of the ethylene propylene diene monomer advertise.

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The next section includes a detailed segmentation analysis of the EPDM market. Assessment involves the division of the ethylene propylene diene monomer market according to application and region. Analysis of the key segments in the ethylene propylene diene monomer market, year-on-year growth projections, and basis point share analysis included in the report further helps readers recognize promising areas.

The TMR study on the EPDM market offers an evaluation of the regional landscape of the market. Regional evaluation helps market players make strategic decisions pertaining to their business. Analysis of individual segments along with a country-level analysis of individual regions helps readers of the ethylene propylene diene monomer market report evaluate the potential of the market in individual geographies. Supported with year-on-year growth projections, and global value and volume share, this chapter is an essential part of the report on the ethylene propylene diene monomer market.

The report on the EPDM market offers a holistic competitive evaluation with the details of key market competitors. This section elaborates the nature of the ethylene propylene diene monomer market with the help of the market share held by leading players, along with other emerging companies. The unique dashboard view of the players in the EPDM market allows readers to understand the strategies implemented by key players and their performance in the ethylene propylene diene monomer market, featuring focus areas of propylene diene monomer market competitors. The competitive structure of key players in the ethylene propylene diene monomer market is also encompassed in the study.


Automotive Steering System Market to Create New Opportunities Till 2022

Following the CES 2018, General Motors presumptuously declared that the company will eliminate the automotive steering system from the autonomous vehicle design by 2019 end. With the much anticipated launch of the Level 5 Chevy Bolt lined up next year, GM is all set to unveil an autonomous vehicle without an automotive steering system and pedals. The company claims that this will be the first ever production car sans driver control.\

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On the other side, Ford has already patented a completely detachable automotive steering system and pedals, which has been planned to be available as a customer-requested automotive component option. Although GM and Ford plan the aforementioned features for highly automated level 4 and 5 vehicles, it is imperative to address several structural, functional, and system related challenges during realistic on-road testing, before the mass production roll-out. This is believed to be highly influential in shaping the future of automotive steering system market.

With dramatic evolution of the connected, autonomous, and semi-autonomous vehicle ecosystem, leading automakers ought to prioritize the safety and security concerns associated with automotive steering systems – especially electric power steering system (EPS). Industry experts predict that the next few years will observe soaring demand for EPS in all classes of vehicles, including state-of-the-art technology based vehicles such as autonomous and connected cars. Innovations centering cybersecurity of EPS is likely to open new doors of opportunities for OEMs active in the automotive steering system market through 2022.

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The quest for reduced complexity and costs will continue to compel OEMs to switch from hydraulic automotive steering system to electric automotive steering system. Moreover, manufacturers are increasingly inclined towards achieving high efficiency, and thereby preferring electric automotive steering system over hydraulic automotive steering system. Although hydraulics have been considered ideal for amplified steering efforts for parking and maneuvering vehicle through heavy traffic, they tend to undermine both the engine power and fuel economy.

Electric automotive steering system on the flipside helps achieve high fuel efficiency, and reduced vehicle weight and costs - offering assistance at lower as well as higher vehicle speeds and in all driving modes, including sports. Furthermore, electric powered automotive steering system can potentially work in tandem with automotive radar/LIDAR in futuristic cars. EPS systems are constantly on the rise in terms of adoption, and will continue to account for over half of the total value of automotive steering system market by 2022 end.

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