Tuesday 31 October 2017

Forging Market- Global Industry Insights, Trends, Outlook and forecast 2025

Forging refers to a process of shaping the material by applying compressive force manually; by forging machines or with the use of power hammers. Forging process can be carried out on materials in either cold or hot state. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing. These products offer toughness, strength, stress, and are reliable end-use industry such as automotive, mining, and aerospace and various other applications.
Forging activities find diverse use in many industries mainly in automotive, aerospace, and oil and gas industries which in turn boosting the forging market and is also anticipated to drive this market over the forecast period.
Global Forging Market Taxonomy
On the basis of type, the global forging market is segmented as:
    • Open Die Forging
    • Closed Die Forging
    • Seamless Forging
    • Roll Forging
    • Upset Forging
    • Precision Die Forging
    • Rotary Forging
    • Others
On the basis of end-use industry, the global forging market is segmented as:
    • Automotive
    • Mining
    • Construction
    • Aerospace and Defense
    • Agriculture
    • Power
    • Oil & Gas
    • Others
On the basis of order, the global forging market is segmented as:
    • Custom Forging
    • Catalogue Forging
    • Others
On the basis of raw material, the global forging market is segmented as:
    • Aluminum
    • Magnesium
    • Stainless Steel
    • Titanium
    • Beryllium
    • Brass
    • Copper
    • Bronze
    • Zirconium
    • Others
The closed die forging segment (impression die forging) is the dominant segment in the global forging market and is anticipated have a continuous growth over the forecast period. This is due to its high dimensional accuracy and fine surface finishing. The aerospace and automotive industry are the biggest end users of the closed die forging method.
The automotive segment is accounted to have the largest share in the global forging market. Low fuel rates and interest rates are the key factors driving the growth of automotive industry of the forging market. Similarly, custom forging is witnessed as the dominant segment amongst the order types owing to its immense use in submarines, refineries, space crafts, missiles, pressure vessels, offshore rigs, scientist research equipment, and some others.
Global Forging Market Outlook
    • Asia Pacific is projected to be the dominant region in the global forging market having the largest market share in the world followed by North America. Development in infrastructure, advancement in automotive and construction industries in the emerging economies and recognition of the emerging country such as India as the manufacturing hub is propelling the growth of forging market in this region. Moreover, the burgeoning outsourcing of forging activity backed by government initiatives have contributed to the growth of forging market in this region. China, is the key producer of forging products in this region.
    • North America has witnessed a burgeoning growth in the global forging market. One of the main reasons behind the growth is due to the increasing demand for rolled ring forging which is ruling the aerospace industry of this region. According to the Forging Industry Association, forging appears in the 20% of products which represents the GDP of U.S.
    • Europe is anticipated to witness a significant growth in the global forging market. According to an article published by Euroforge, Germany is one of the major players in this industry accounting for 48% of the forging production. Tata Steel and ThyssenKrupp AG agreed to merge their steel operations to emerge as the continent’s number 2 steelmaker. Environmental and government regulations have given significant pace to global forging market in this region.
Key Players in the Global Forging Market
Key players operating in the global forging market include Bharat Forge Limited., Alcoa, Precision Castparts, ATI Ladish Forging, HHI forging, American Axle & Manufacturing Holdings, Ellwood Group, FRISA, and Scot Forge.
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Lead Acid Battery Market -Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Lead acid battery is considered to be the oldest type of rechargeable battery with its use spanning across industries. It has the advantage of supplying high surge current, as the cells have large power to weight ratio. High power to weight ratio and low cost makes lead acid batteries attractive for its use in the automotive sector. Lead acid batteries comprises of container, plates, cell, separators, and battery terminals.
The increasing demand from various industries, such as automotive sector, telecom sector, uninterrupted power supply in oil and gas mining, manufacturing, and chemical is expected to the boost the growth of the lead acid batteries market globally. Moreover, the low cost of the batteries coupled with new developments and innovation in lead acid battery products is further expected to augment the market growth. However, environmental restrains, due to lead content and threat from substitute namely lithium-ion battery are the major restraints for the growth of global lead acid battery market.
Asia Pacific accounted for the largest market share in the global lead acid battery market, in terms of revenue in 2016 and this trend is expected to continue over the forecast period. The growing industrialization and globalization in this region is the major driver in the growth of market. Furthermore, the growth in automobile industry coupled with rise in the disposable income is further expanding the automobile sales, thereby augmenting the market growth for lead acid batteries. According to China Association of automobile manufacturers (CAAM), China witnessed a year on year of 6.2% from 2016 to 2017 in automobile sales. Moreover, the increased government expenditure in the retail sector has resulted in the growth of the various industries, such as construction, power, banking, and telecom industry, in turn fuelling the demand for lead acid batteries, owing to its efficient use as energy storage system. According to Indian Brand Equity Foundation (IBEF), Ministry of Commerce and Industry, Government of India, the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015, due to income growth, urbanization, and attitudinal shifts.

North America accounted for the second largest market globally. The developed industrial sector in this region stands to be the major factor contributing to the market growth. The presence of leading automobile companies, which include Toyota, Ford motor company, General Motors, and Fiat Chrysler Automobiles has augmented the demand for lead acid batteries. According to the International Trade Association, exports of automotive parts from the U.S has shown a steady growth from US$ 5 billion in 2012 to US$ 7.2 billion by 2015. Moreover, the developed telecom sector coupled with the increasing oil and gas related activities post the shale gas boom has propelled the need for power storage device hence, surging the demand for lead acid batteries in the region.
Based on the product, SLI lead acid battery is the largest segment in 2016 and is expected to show the same trend during the forecast period. SLI lead acid battery holds a revenue of US$ 26.80 billion and is expected to grow at a CAGR of 3.39% from 2017 - 2025. The increasing use of SLI lead acid battery in electric vehicles, owing to its excellent cold cracking abilities in engine starting coupled with durability are the major factors contributing to market growth.
Major Players in the Global Lead Acid Battery Market
The major players operating in the global lead acid battery market include Johnson Controls, ATLASBX Co. Ltd, Exide Technologies, East Penn Manufacturing Co, Crown Battery Manufacturing Company, C&D Technologies, INC, GS Yuasa Company, and Leoch International Technology Ltd.
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Aerosol Cans Market - Global Industry Insights, Trends, Outlook, and Forecast

Aerosols are homogeneous, crystalline particles made up of fine solid particles or liquid droplets in the air or another gas. Aerosols find applications in paints, perfumes, room fresheners, medical products, deodorants, and so on. Aerosol cans are handheld containers that release aerosol. Aerosol cans shield products from external conditions such as moisture, heat, dust, and other contaminants during transportation. However, health and environmental risks posed due to the use of aerosols act as major restraints for the growth of the aerosol cans market.
Increasing demand for personal care products drives the demand for aerosol cans. Growing use of aerosol cans in paints, medical products, food, adhesives, and vehicles are augmenting the growth of the market. Rising demand for household and personal care products is also expected to have a positive impact on the aerosols market but the presence of fluorocarbons named hydro fluoroalkanes (HFA) is projected to restrain the demand. Emission of CFC is a major disadvantage of aerosols. Aerosols are also found to be inflammable, toxic, and explosive.
Aerosol Cans Market Taxonomy
On the basis of propellant type, the global aerosol cans market is classified into:
    • Liquefied Gas Propellant
    • Compressed Gas Propellant
On the basis of material, the global aerosol cans market is classified into:
    • Tinplate
    • Glass
    • Coated glass
    • Aluminum
    • Stainless steel
    • Plastic
On the basis of end use, the global aerosol cans market is classified into:
    • Household
    • Automotive
    • Agriculture
    • Healthcare and cosmetics
    • Industrial
    • Construction
    • Sports
    • Others
On the basis of packaging type, the global aerosol cans market is classified into:
    • Bottles
    • Cylinders
    • Cans
    • Others
Aluminum is the most commonly used material for aerosols cans production due to lightweight coupled with improved safety and hygiene features. Liquefied gas propellant segment holds a major market share. Liquefied gas propellants aid in maintaining the performance of spray during the lifespan of aerosol cans, owing to which it witnesses significant demand in the  aerosol cans market. Bottles and cans are the most used forms of aerosol packaging types. Rising demand for air care products along with personal care products such as shaving and depilatories, hair care products, skin care products, and deodorants are expected to create a positive impact on the market for aerosol cans. Use of aerosol as spray paints in construction and automobile industries display the widespread demand for aerosol cans. Aerosol cans are also used to store pain relievers and asthma inhalers.
Market Outlook
    Europe dominates the global aerosol cans market primarily due to the high demand for personal care products in this region. The use of deodorants in developed countries such as the U.K. and Germany has led to technical advancements in the aerosol cans market. The presence of major companies such as Unilever and Nivea has resulted in rise in demand for aerosol cans in this region
    The U.S. is the leading player in the aerosols market in North America. However, the strict ecological rules issued by Environmental Protection Agency (EPA) regarding the use of HCFC, CFC, and HFC components in aerosols act as a major hindrance for the aerosol cans market in North America
    Increasing awareness regarding personal upkeep and hygiene has led to the growth of aerosol cans market in China and India. Around 70% of the Indian population lives in rural areas. This provides the companies with large untapped markets in Asia. Demand for deodorants and other healthcare products is increasing due to the changing lifestyle trends and rising focus on hygiene, together with increasing product availability. These factors drive the market growth in Asia Pacific, making it the fastest growing market for aerosol cans. The Australian community is highly affected by asthma on a large scale, which results in increasing use of asthma inhalers that in turn bolsters the aerosol cans market
    Increasing automobile production in Brazil and Argentina has led to an increase in demand for aerosol cans in Latin America. Growing disposable incomes along with high standard of living is driving the use of personal care and household products in the region
    Urbanization coupled with technological advancements is boosting the use of aerosol cans in the household as well as personal care segments across the Middle East. Developments put forth by several manufacturers and higher living standards & buying power of the people sparkle the demand for aerosol cans in the region
Some of the major players in the global aerosol cans market include Holdings, Inc. (U.S.), CCL Industries, Inc. (Canada), Ball Corporation (U.S.), Crown WestRock Company (U.S.), Nampak Ltd. (South Africa), Ardagh Packaging Holdings Limited (Luxembourg), BWAY Corporation (U.S.), Colep Portugal S.A. (Portugal), and Exal Corporation (U.S.). Companies adopt certain strategies such as new product launches, expansions, mergers & acquisitions, and investments to cope up with the increasing demand for aerosol cans in the emerging markets.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Food Automation Market- Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25

Automatic control or automation is the use of control systems for operating various machineries and equipment without the need for human labor. The adoption of automation in the food industry is imperative due to the increasing demand for quality, productivity, and profitability. Food processing is a labor intensive procedure that is highly monotonous and repetitive in nature, thus causing humans to focus less on quality check, resulting in increased frequency of various kinds of errors. Automation of these tasks improves product quality, process efficiency, and saves labor charges as well. It helps in maintaining standardization and quality of food, thereby helping in protect the brand value of food products. Automation can be adopted by small or large scale players, and additional machinery and components can be added or customized with minimum wastage of resources, depending on the growth and expansion of the business.
Rapid technological advancements, growing demand for food safety, and stringent regulations imposed by regulating bodies on food and beverage products are major key factors fuelling growth of the food automation market.
However, high initial investment associated with installation of such equipment is a major factor restraining growth of the market, as small and medium scale players often experience shortage of sufficient capital to install automated equipment in their factories.
Food Automation Market Taxonomy
On the basis of product type, the food automation market is segmented into:
    • Discrete Controller and Visualization
    • Generators and motors
    • Linear and Rotary products
    • Motor controls
    • Others
On the basis of function, the food automation market is segmented into:
    • Packaging and repackaging
    • Picking and Placing
    • Palletizing
    • Processing
    • Sorting and Grading
    • Others
On the basis of application, the food automation market is segmented into:
    • Bakery
    • Beverages
    • Confectionary
    • Dairy
    • Fruits and Vegetables
    • Poultry
    • Others
Among product type, the generators and motors accounted for the largest segment in 2016 and is expected to lead the market throughout the forecast period, owing to its multifunctional nature. A large variety of motors such as stepper motor, gear motor, servo motor, direct drive motors, and AC motors are used in the food industry for motor controlled applications. Generators ensure efficient and smooth functioning of systems.
Among applications, the beverages segment holds a dominant position in the market, owing to rapid developments and frequent product launches in the beverage industry.
Food Automation Market Outlook
    Europe is the most lucrative market for food automation, owing to high demand for processed food and beverage products, especially in France, Germany, and Italy. Furthermore, stringent regulations imposed by regulating bodies pertaining to the quality of processed food items, fuels the demand for food automation in the region.
    North America witnesses significant demand for food automation, owing to growing demand for product integrity and food safety by consumers. Food automation machinery used in the U.S. is required to meet the stringent criteria enforced by the U.S. Food and Drug Administration (FDA) and the U.S. Department of Agriculture.
    Asia Pacific is the fastest growing market for food automation industry due to the rapidly growing food and beverage industry in the region. Improvement in standards of living among the populace due to increasing disposable income, diversification of diet, and liberalization of FDI (Foreign Direct Investment) in the food sector are some of the major factors fuelling growth of the food automation market in Asia Pacific. Furthermore, increasing number of manufacturers operating in the food and beverage industry also drives significant demand for food automation in Asia Pacific. According to the Union Budget 2017-2018, the Government of India has invested US$ 1.2 billion on dairy processing. Moreover, Confederation of Indian Industry (CII) estimated that the food processing sector in India is expected to attract US$ 33 billion over the following decade. Such investments are expected to increase growth of food automation market in India over the forecast period. Countries in the Middle East largely rely on exports for processed food. However, the government is investing on food processing technologies to improve food security and enhance productivity, which in turn, is expected to augment growth of the market for food automation in the region.
    Increasing population along with urbanization and increasing per capita spending of consumers in Africa and Latin America have contributed to rapid growth of the food automation market in these regions.
The food automation market is marked by intense competition from major manufacturers operating in this market. Mergers and acquisitions, joint ventures and partnerships, and technological innovations are some of the key strategies adopted by these companies in order to ensure long-term sustenance in this market. Notable acquisitions in the food automation industry include acquisition of major shares of Cabinplant AG by CTB in September 2016 and acquisition of Jorgensen Engineering by XANO in November 2016.
Key market players in the food automation market include ABB Ltd, Emerson Electric Company, Fortive Corporation, GEA Group, Rockwell Automation, Inc., Mitsubishi Electric Corporation, Nord Drivesystems, Rexnord Corporation, Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation, and Yokogawa Electric Corporation.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Monday 30 October 2017

Global Seed Coating Materials Market- Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Seed coating is the method of applying seed protection formulation over seed surface. The prime aim for seed coating is enhance protection of the seeds against pathogenic, fungal attacks. Applying weight to very light seeds and improving shape of uneven seeds for greater precision of planting are some other purposes of seed coating. Various materials such as polymers, fertilizers, repulsive agents are used to coat seeds. Key advantages associated with seed coating such as high crop yield per hectare, high binding capacity coupled with high shelf life, higher seeding rates are expected to fuel demand for seed coating materials throughout the forecast period.In addition, increasing research and development activities to develop high performance coating methods with advanced features is expected to fuel growth of seed coating materials market over the forecast period. For instance, in the recent past, a film coating method has been developed that allows for uniform and dry polymeric coating to overcome disadvantages of other coating methods.
However, stringent government regulations imposed on the use of chemicals is a restraint for seed coating materials market growth. The impact of this restraint is expected to be low due to technological advancement in coating materials manufacturing processes.
Among product types, polymer segment holds the largest revenue share in the global seed coating materials market and is expected to lead the market by witnessing a CAGR of 7.10% over the forecast period. Increasing demand for polymeric seed coating materials such as polyurethane, polyvinylacrylate, polyvinylpyrrolidone etc. in agriculture due to their high efficacy in terms of binding capacity and ease of pouring is projected to have a positive impact on the growth of this segment in the near future.
Among crop types, cereals & grains segment accounted for the highest share, in terms of revenue in 2016. According to Food and Agriculture Organization of United Nations (FAO), world cereal & grains utilization is projected to reach 2,591 million tons by 2017 end, which creates a highly potential market for cereal & grains coatings.
North America accounted for highest revenue share and was valued at US$ 0.42 billion in the global seed coating materials market in 2016. The region is expected to retain its dominance throughout the forecast period, due to increasing awareness about advantages of seed treatment such as seed germination enhancement, better seed performance in adverse conditions fuelled by government seed treatment campaigns in the region.
According to a study by Coherent Market Insights, the global seed coating materials market was valued at US$ 1.22 billion in 2016 and is expected to witness a CAGR of 8.43%, in terms of revenue, over the forecast period (2017 – 2025).
North America held highest revenue share of 34% in the global seed coating materials market, in 2016 and the region is projected to maintain its dominance in the near future. Europe accounted for the second largest revenue share in global seed coating market in 2016 and is expected to maintain its position over the forecast period.
Major Players in the Global Seed Coating Materials Market
The major players in the seed coating materials market include Clariant International, Chemtura Corporation, BASF SE, Bayer CropScience AG, Precision Laboratories LLC, Croda International PLC, Platform Specialty Products Corporation and Chromatech Incorporated among others. Key players are strategically investing in the Seed Coating Materials market, to enhance their product portfolio through collaboration, joint ventures, merger & acquisitions. For instance, in 2017, BASF signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses.
About Coherent Market Insights:
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Sunday 29 October 2017

Dietary Fibers Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Dietary fiber is a type of carbohydrate that cannot be digested and absorbed in the small intestine of humans. Dietary fibers include cellulose and non-cellulosic polysaccharides such as pectic substances, hemi- cellulose, gums, and a non-carbohydrate component known as lignin. Increasing demand for dietary fibers in the food and beverages and pharmaceuticals industries is driving growth of the market. Intake of dietary fibers helps reduce the risk of cancers, diabetes, hypertension, strokes, and obesity. Growing health consumers among consumers has creates a demand for maintaining a healthy diet rich in dietary fibers. This has resulted in high demand for fiber-based products such as fiber cookies, crackers, spices, frozen foods, and analogous foods. Increasing demand for functional foods, which include ingredients such as dietary fibers, is creating immense opportunities for growth of the dietary fibers market. Beverages and bakery products are expected to increase the demand for dietary fibers in the near future.
Dietary Food Market Taxonomy:
On the basis of product type:
    • Soluble Fiber
      • Insulin
      • Beta Glucan
      • Pectin
      • Polydextrose
    • Insoluble Fiber
      • Cellulose
      • Hemicellulose
      • Lignin
      • Resistant starch
      • Gums and Mucilage’s
      • Others
On the basis of source:
    • Fruits & Vegetables
      • Avocados
      • Coconut
      • Peas
      • Others
    • Cereals & Grains
      • Brown rice
      • Whole grain breads
      • pasta
    • Legumes
    • Other Crops
On the basis of application:
    • Functional Foods and Beverages
    • Animal Feed
    • Pet Foods
    • Pharmaceuticals
Market Outlook- increasing aging population and rising disposable income is expected to boost growth of the dietary fibers market.
North America contributes to the largest market share in the global dietary fibers market, followed by Europe, and is expected to witness significant growth over the forecast period. Increasing consumer awareness regarding nutrition has boosted the dietary fiber market in North America.
The emerging economies of India, Brazil, and China are projected to provide lucrative growth opportunities for players in the global dietary fibers market. China is expected to be the fastest growing market for dietary fibers, followed by Japan. According to UCSF Medical Center, in the U.S., the average consumption of dietary fibers is 15 grams per person, every day, 25 grams to 30 grams is consumed per adult, every day. The Dietary Guidelines of Americans recommends adults to consume more dietary fibrous foods such as vegetables. In addition, technological developments and government regulations which support insoluble dietary fibers are expected to boost the market growth. Increasing number of manufacturers in the market has led to robust competition, which effectively results in low prices of dietary fibers. Thus, research and development of new dietary fiber products in the food and beverages industries are focusing on expanding its application. The nutrient outline of dietary fiber sources differs with climatic and soil conditions, which is directed to an increase in availability of various soluble dietary fiber sources and global trade for their application with respect to their type and population demand.
Some of the key players participating in the global dietary fibers market are Cargill Incorporated, The Ingredion and Ingredion Idea Labs, Tate and Lyle, SunOpta Inc., Jiangsu Huachang (Group) Co. Ltd., Nexira, Archer Daniels Midland Company, Roquette, Lonza Group. The other leading vendors in the market are FutureCeuticals, Grain Millers Inc., Cosucra Groupe Warcoing, KFSU LTD Australia, Sudzucker, Grain Processing Corporation, BarnDad Innovative Nutrition, and Unipektin Ingredients.
About Coherent Market Insights:
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Friday 27 October 2017

Spunbond Nonwoven Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Spunbond nonwoven refers to porous flat sheets and fabrics like materials, made from molten plastic or plastic films or long fibers bounded together by hot-press. They are different from other fibers, as they are not made by knitting or weaving and they do not require conversion of fibers into yarn. Bonding is applied to raw material, which is thermoplastic in nature, such as polypropylene, polyesters, etc. Spunbond nonwoven have various properties, such as they are resistant to heat and chemical, porous, burst strength, elongation to break, and have gram per square meter (GSM) range from 10 to 150.
One of the major factor influencing the demand for spunbond nonwoven market is increasing awareness about the usefulness and benefits of polypropylene spunbond nonwoven fabrics. Medical and hygiene industry is the key segment with spunbond nonwoven fabrics, which is being used in manufacturing of various products, such as facemask, sanitary napkins, and surgical gowns. Owing to the advances in agricultural and farming techniques, spunbond nonwoven is being widely used to protect the crops from extreme weathers conditions and create a microclimate, which has controlled humidity and heat. Furthermore, increased consumption of spunbond nonwoven fabrics in the household, automotive, and packaging industry is also driving the growth of spunbond nonwoven market.
However, high cost of spunbond nonwoven end products such as baby diapers is the major restraining factor for the growth of the spunbond nonwoven market.
Spunbond Nonwoven Market Taxonomy:
On the basis of material type, the spunbond nonwoven market is segmented into:
    • Polyester Spunbond Nonwoven
    • Polypropylene Spunbond Nonwoven
    • Polyethylene Spunbond Nonwoven
    • Polyurethane Spunbond Nonwoven
    • Polyamide Spunbond Nonwoven
    • Others
On the basis of functions, the spunbond nonwoven market is segmented into:
    • Non-disposable
    • Disposable
On the basis of application, the spunbond nonwoven market is segmented into:
    • Agriculture
      • Crop Cover
      • Fruit Net
      • Shade Net
      • Anti-Hail Net
      • Bale Wrap Net
    • Medical & Hygiene
      • Face Masks
      • Diapers
      • Gowns
      • Hand warmers
      • Sanitary Napkins
      • Under Pads
      • Bed Linen
      • Cosmetic Applicators and Removers
      • Wipes
    • Automotive
      • Air Filters
      • Airline Headrests
      • Dash Insulators
      • Side Liners
      • Flood Covers
    • Households
      • Carry bags
      • Dust Covers
      • Coat Covers
      • Mattress
      • Mops
      • Pillowcases
      • Table Decorative
      • Wall Covering
    • Packaging
      • Nonwoven
      • Rice Bag
      • Shopping Bags
      • Agro Bags
    • Others
      • Books Covers
      • CD disk liners
      • Poster & Banners
On the basis of end user industry, spunbond nonwoven market is segmented into,
    • Agriculture
    • Personal Care & Hygiene
    • Automotive
    • Medical
    • Packaging
    • Others
Spunbond Nonwoven Market Outlook:
    • Asia Pacific is the fastest growing region in the spunbond nonwoven market with China, India, and Japan being the major economies in this region. One of the primary growth factor in the market is its increasing use in agricultural activities. Since the use of pesticides pose harmful threats, farmers are now using nonwoven fabrics to cover crops, root control bags, biodegradable plants pots, greenhouse shading, and seed blankets leading to the growth of the spunbound nonwoven market in this region.
    •  North America was the largest region for the spunbond nonwoven market in 2016. One of the major driving factors for spunbond nonwoven products is its increasing use in the healthcare, automotive, and personal care and hygiene industry. For instance, Kimberly-Clark, one of the leading players in the personal care and hygiene market extensively uses spunbond nonwoven for wiping applications.
Key players in the Spunbond Nonwoven Market:
Some of the major players operating global spunbond nonwoven market include Pegas Nonwovens SA (Luxembourg), Avgol Nonwovens (Israel), Johns Manville Corporation (U.S),  Mitsui Chemicals Inc. (Japan), RadiciGroup SpA (Italy), Kimberly-Clark Corporation (U.S),  Berry Plastics Group, Inc. (U.S),  Asahi Kasei Corporation (Japan), Kolon Industries, Inc. (South Korea), E. I. du Pont de Nemours and Company (U.S), Kuraray Co., Ltd. (Japan), Schouw & Co. (Denmark), Toray Industries, Inc. (Japan), Mogul (Turkey), and Fitesa S.A. (Brazil).
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Seattle, WA 98154
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Tannin Market - by Source , by Product Type, by Application - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2017-2025

Tannin is a biomolecule extracted from fruits and plants. It can be found in the seeds, stem tissues, roots, leaves, and bark of plants. Tannin is most common in gymnosperm and angiosperm plants. It protects the plants from predation and helps in the synthesis of plant hormones. Fruits such as oranges, grapes, walnuts, pecans, hazelnuts, strawberries, blueberries, and cranberries have rich content of tannin.
The global tannin market is expected to grow significantly during the forecast period. The increasing demand from the various end-use industries such as leather, wine, and wood adhesives is the major driving factor for the growth of tannins market. The anti-oxidation and decomposition properties of tannins are a major factor for the demand of tannins in the leather manufacturing and wine fermenting industries. The increasing consumption of alcohol is expected to boost the growth of tannin market. Moreover, the demand for tannin in the manufacturing of wood adhesives and medicines is expected to drive the growth of tannin market positively over the forecast period.
Tannin market Taxonomy:
On the basis of source, the global tannin market is segmented into:
    • Brown algae
    • Plants
On the basis product type, the global tannin market is segmented into:
    • Phlorotannins
    • Hydrolysable
    • Non-hydrolysable
On the basis application, the global tannin market is segmented into:
    • Anti-corrosive Primers
    • Leather tanning
    • Wine production
    • Wood adhesives
    • Others
Brown algae procurement, handling, and treatment are difficult and expensive as compared to plants, hence plant segment of tannins market is expected to grow over the forecast period. Leather tannin is the dominant application segment and is expected to continue its dominance over the forecast period. Tannin is required in all the stages of manufacturing of leather including crusting, preparation stage, and tanning. Tannin contains coagulate proteins and mucosal tissues, which are useful in soothing scars, wounds, minor hemorrhages, and burns, in turn increasing the demand for medicinal tannin is over the forecast period.
Tannin market outlook:
Europe holds a dominant position in tannin market and is expected to retain its position over the forecast period. The major demand for tannin is accounted for the growing wine industry in Europe, particularly in France. Due to the changing scenario of drinking amongst the youth, the demand for wine and beer has increased substantially thereby, increasing the demand for tannin in the region. According to the European Union, Europe produced 165,600 hectoliters of wine between 2016 and 2017. With the increasing demand for alcoholic beverages and the growing pharmaceutical industry, the need for tannin is expected to grow substantially over the forecast period.
North America region has the second largest market of tannin after Europe. The demand for tannin from the leather industry is a major reason for positively driving the growth of tannin market in North America. According to the U.S hide, skin and leather association (USHSLA), the U.S exports 90% of total production of leather and the total industry revenue is around US$ 3 billion annually.  Moreover, the growing demand for beer and wine in the Polar Regions to keep up with the temperature is another factor boosting the growth of tannins market in this region.
Asia Pacific is anticipated to be the fastest growing region in tannins market over the forecast period, owing to the increasing economy of the region and increasing personal disposable income in emerging economies has grown substantially, which in turn is increasing the need for tannin market in the region. The major demand for tannin comes from the growing need of leather and wood adhesives industries in Asia Pacific. Renovation and remodeling, increased construction, urbanization, and increased attention towards decorations has boosted the growth of wood adhesives market in the Asia Pacific region and is expected to further surge the need for tannin market.
Tannin Corporation, S.AAjinomoto OmniChem N.V., Polson Ltd, Tanac S.A, Forestal Mimosa Ltd, Ever s.r.l, UCL Company (Pty) Ltd, LaffortSA , Zhushan County Tianxin Medical & Chemical Co, WUlrich GmbH, and Jyoti Dye Chem Agency are some of the major players in the global tannin market.
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