Thursday, 30 November 2017

Global Baby Food Market Report by Product Type and Geography - Trends and Forecast to 2025

Baby food is soft and easily consumed food product, especially developed for infants to toddlers, aging between four months to two years, in order to fulfill their nutritional requirements. Based on the form, baby food is majorly classified into powder, liquid and solid. The powdered form of baby food is used by mixing it with water before feeding the infant and it is the least expensive form of baby food. Further, solid baby food include infant cereals and other bland fare.
The major factors propelling the growth of this market include rising health awareness to provide nutrition regarding the overall development of the baby. In addition to this, growing number of women in the workforce and lactating problems in women including breast engorgement and nipple infection caused by staphylococcus aureus, have propelled the adoption of baby food products across the globe. Furthermore, rapid urbanization and rising popularity of organic baby food, is supporting the growth of global baby food market.
However, the declining birth rate in developed countries is a major challenge to the market growth of baby food. According to the World Bank Group, birthrates around the world declined by 45% on average, between 1960 and 2013.
Based on source type, organic baby food is expected to record fastest growth, witnessing highest CAGR during the forecast period. This is majorly due to the increasing demand among parents to offer adequate and best nutrition for the babies. The organic baby food is gaining popularity worldwide, as parents are becoming more concerned about the harmful chemicals present in the inorganic baby foods, in the form of artificial colors, sweeteners, flavors, pesticides and fertilizers.
Based on distribution channel, the market is segmented into hypermarkets, supermarkets, drugstores, online channel, specialty stores and others. Supermarket, contributed the largest share in the global baby food market in 2016. However, the online channel is supposed to grow rapidly during the forecast period, owing to the technological advancements and increasing internet penetration in emerging economies.
In 2016, Asia Pacific dominated the baby food market in terms of revenue and accounted for a share of 37.66%, with China, India, New Zealand, Japan, Australia and Indonesia being the major contributor for baby food market growth in Asia Pacific. China dominated this market in 2016, owing to the increasing demand for safe and quality milk formula in the country. In addition to this, the growing birth rate in China is also expected to support the growth of baby food market. According to the National Health and Family Planning Commission of China, birth rate in China, had increased by 7.9% in 2016 due to the end of one-child policy that was first introduced in 1979 and formally phased out in 2015.
Latin America is anticipated to be the fastest growing market for baby food, witnessing highest CAGR of 7.21% during the forecast period (2017 - 2025). In 2016, Brazil dominated the baby food market and was followed by Mexico and Argentina. According to the Coherent Market Insights, Brazil has the largest child population in the region and recorded a continuous increase in crude birth rate since 2009. The major factors propelling the growth of baby food market in Latin America, include the steadily developing primary and secondary health care applied to marginal urban and rural population. This in turn, reducing the infant mortality in Latin America and thereby contributing in the overall growth of this market in the region. According to the National Center for Biotechnology Information (NCBI), the numbers of deaths under age five years declined fastest in Latin America between 2000 and 2015.
Major companies operating in the global baby food market include Nestle S.A., Groupe Danone, Abbott Laboratories, Hain Celestial Group, Kraft Heinz Company, Bristol-Myers Squibb, Hero Group, Morinaga Milk Industry Co. Ltd., and Cargill Inc.
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Cladding Systems Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Cladding systems are used to give a final finish to the building exteriors. They help protect the building from dust, rain, snow, wind, and other external factors. Moreover, cladding systems serve decorative functions as well and make buildings visually appealing. The lifespan of building also increases on application of cladding. Though it is not a load bearing component, it contributes in transferring wind and snow loads. It also provides thermal and sound insulation, thereby increasing energy savings associated with air conditioning.
High performance characteristics of the cladding system coupled with rising construction activities around the world is expected to boost the market growth over the forecast period. High installation and maintenance costs are expected to restrain the market growth. In addition to this, shortage of raw material is also a major issue.
Cladding Systems Market Taxonomy
On the basis of cladding material, the cladding systems market is segmented into:
  • Vinyl
  • Wood
  • Stucco & EIFS
  • Brick and Stone
  • Metal
  • Fiber Cement
  • Others
On the basis of cladding surface, the cladding systems market is segmented into:
  • Walls
  • Roofs
  • Windows
  • Doors
  • Others
On the basis of cladding system type, the cladding systems market is segmented into:
  • Curtain walling
  • Sandwich Panels
  • Patent Glazing
  • Rain screen
  • Timber Cladding
  • Metal Profile Cladding
  • Tensile Fabric Covering
  • Brick Slips
  • Tile hanging
  • Others
On basis of building type, the cladding systems market is segmented into:
  • Residential
  • Nonresidential
    • Industrial
    • Commercial
On basis of function, the cladding systems market is segmented into:
  • Insulation
  • Air & Vapor Control
  • Movement Joints & Crack Control
  • Precipitation Control
  • Others
Vinyl is a widely used material in cladding owing to its high durability and availability in a broad range of colors. Vinyl cladding is highly preferred in residential applications due to the pleasant finish it offers.
Curtain walling is used in multistoried buildings. It consists of aluminum onto which glazed panels are attached. Sandwich panels are three layered composites. Rain screen prevents moisture from entering the building. Timber cladding involves usage of thermally modified timbers, which are moisture and resin free. Tensile fabric coverings are temporary cladding systems that wear out quickly when compared to its counterparts.
Residential building is the largest segment for cladded structures owing to the rising construction activities all around the world to meet the requirements of growing population.
Cladding Systems Market Outlook
  • North America is the largest market for cladding systems due to the burgeoning construction industry in the region. The U.S. is the second largest construction market in the world after China. With the Trump government promising a wave of change in public infrastructure, market is projected to grow in the region. Moreover, the New Building Canada Fund commits US$ 10 billion over a ten year period i.e. 2014-2024 to build public infrastructure
  • Europe is also a major market owing to adverse weather conditions in the region. With most regions experiencing sub-zero temperatures and snowfall in winter months, all infrastructures require the use of cladding systems. The market is expected to witness sluggish growth due to maturation and highly developed public & private infrastructure
  • Asia Pacific is the fastest growing market owing to flourishing construction industry in the emerging markets of India, China, Indonesia, and ASEAN. High urbanization rate has also significantly contributed to market growth. According to the World Bank, 56% of China’s and 33% of India’s population live in urban settlements
  • Middle East has witnessed a growth in construction industry, with Qatar and Saudi Arabia being the prominent countries driving market. This is primarily attributed to the upcoming FIFA World Cup 2022 in Qatar, which is likely to attract millions of people to the country. Construction of stadia, hotels, malls, and public infrastructures is further driving market growth. Moreover, thermal insulation is a necessity during the scorching summer.
  • Latin America had experienced growth in construction industry post 2010. Consecutive sporting events in the form of FIFA World Cup 2014 and Olympics 2016 have given the Brazilian economy a boost. However, recently a slowdown has been observed. A return to previous growth figures is expected due to rising consumption among the growing population
The Grenfell Tower in London, where the fire broke out on June 29, 2017 was installed with banned cladding system. Stringent regulations in developed countries lead to more scrutiny on cladding systems, which in turn is expected to result in new product development. Some of the major players in the cladding systems market are Tata Steel Limited, Alcoa Inc., Etex Group, Compagnie de Saint Gobain SA, and CSR Limited.
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Wednesday, 29 November 2017

Aerospace Materials Market Trends, Outlook and Key players

Aerospace materials are manufactured and designed to serve aerospace purposes. The materials are designed to withstand high pressures and temperatures, stress resistance, chemical resistance, durability and are also required to be lightweight. The most popular aerospace material is aluminum and has been used since the first plane was built by Wright Brothers. These materials, due to their high performance are also used in other industries and are advertised to emphasize their high performance characteristics.
The major driver for aerospace materials is increased demand for lightweight aircrafts to reduce fuel consumption. A rise in commercial aircraft manufacturing has intensified aerospace material demand. Moreover strict regulatory standards have boosted the need for high quality and high performance material. The major challenge is the steep maintenance cost of these materials.
Aerospace Materials Market Taxonomy
On basis of Material
    • Aluminum Alloys
      • 1000 series
      • 2000 series
      • 3000 series
      • 4000 series
      • 5000 series
      • 6000 series
      • 7000 series
    • Steel
      • Carbon Steel
        • Low carbon
        • Medium carbon
        • High carbon
        • Ultra high carbon
      • Alloy steel
        • Low Alloy
        • High Alloy
      • Stainless steel
        • Austenitic
        • Ferritic
        • Martensitic
      • Tool steel
    • Titanium Alloys
      • Alpha
      • Beta
      • Combined
    • Super Alloys
    • Composite Materials
    • Others
On basis of Aircraft
    • Commercial
    • Military
    • Business
    • Helicopters
    • Others
Aluminum is the most widely used material. Its light weight, high strength and high corrosion resistance properties make it a preferred choice over other alternatives such as steel which is heavier. Advanced steel alloys are used in production of gas turbine engines, landing equipment and other aero-structures. Titanium is used in jet engine parts due to its low density, high strength and corrosion resistance. Super Alloys and Composite Materials are gradually entering the market but require more R&D before being employed on a large scale.
The commercial aircraft segment is the largest market segment, with rise in air transportation due to increased domestic and inter-country travel.
Aerospace Materials Market Outlook
    North America is the largest market for aerospace materials due to high demand for commercial and military aircraft. The busiest airport in the world, Atlanta handled 106 million passengers in 2015. Aviation is the preferred mode of transport over rail and road transport. Moreover, the US announced a budget of US$ 166.9 Bn, which will includes plans for modernizing current fleet of aircraft. With ongoing conflicts in Syria, Iraq, Afghanistan and Pakistan and escalating tensions in Korean peninsula, spending on military aircraft is expected to continue during the forecast period.
    Asia Pacific is the fastest growing market. The region has seen the growth of transit hubs such as Changi Airport (Singapore), Hong Kong, Guangzhou, Beijing, Tokyo and Shanghai. Moreover increased domestic air travel and tourism has boosted the industry. Though major obstacles include high jet fuel prices and airport costs which cut into profits. Popular airlines such as Kingfisher (India), TransAsia (Taiwan) have shut down after suffering losses. Also, national carriers of India and Malaysia have posted high losses and are in debt.
    Middle East region is fast growing as a transit hub due to low fuel prices. The rise of carriers such as Emirates, Etihad and Qatar Airways can be attributed to this. Though recent diplomatic tensions resulting in airspace restrictions for Qatari airlines indefinitely may drive down the market if the issue is not amicably resolved.
    Europe is a major aviation hub due to a large tourism industry. France attracted 83 million tourists in 2016, followed by Spain 75 million. Though, recent terror attacks in Paris resulted in a fall in tourists, but the trend is expected to reverse with increased policing and anti-terror activities in place. Increased military spending by EU countries is a result of tensions with Russia which will boost the military aircraft segment.
Check the Trending Report of Aerospace Materials Market: https://www.coherentmarketinsights.com/ongoing-insight/aerospace-materials-market-585
    Latin America has experienced a slowdown due to political turmoil in major markets of Brazil, Argentina, Colombia and Venezuela. Whereas Africa is expected to grow strongly over the forecast period due to strong economic growth in the region.
Toray Industries in 2017 merged with Toray Composites and Toray Carbon fibers to create a single business entity.  The merged entity Toray Composite Materials America is expected to increase efficiency across the supply and product chains.
The major players in the market are Toray Industries, Inc., Alcoa Corporation, Cytec Solvay Group, Du Pont, Teijin Limited, ATI Metals, and Constellium N.V.
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Aerogels Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2017-25

Aerogel is a microporous, dense foam in which the liquid component is replaced by gas, making it the lightest solid. It exhibits high temperature resistance, low density, low optical index of refraction, low dielectric constant, high degree of porosity, high specific surface area, and thermal, acoustic, and impact damping properties. It can hold up to 4000 times its own weight. Aerogel sponge, can be recycled after use, thus indicating its ecological nature. Aerogel has important applications in the oil and gas, aerospace, healthcare, and electronic industries. High production cost and poor mechanical strength are major disadvantages of the aerogels market.
The multi-disciplinary use of aerogels across various sectors is a major driver for growth of the aerogel market. This has led to various technological advancements in the market. However, aerogels are found to irritate the eyes, skin, respiratory tract, and digestive system. Small silica particles can lead to silicosis when inhaled. This results in dehydration of the skin and eyes. Hence protective gear including respiratory protection, gloves, and eye goggles need to be worn while handling aerogels.
Aerogels Market Taxonomy:
On the basis of type, the global aerogels market is classified into:
    • Silica
    • Polymer
    • Carbon
    • Graphene
    • Organic
    • Alumina
    • Others
On the basis of Form, the global aerogels market is classified into:
    • Blanket
    • Particle
    • Panel
    • Monolith
On the basis of Processing, the global aerogels market is classified into:
    • Virgin Aerogel
    • Fabricated Aerogel
On the basis of application, the global aerogels market is classified into:
    • Adsorption agent
    • Catalyst
    • Thickening agent
    • Thermal Insulator
    • To trap space dust
    • Water purification
    • Others
On the basis of end user, the global aerogels market is classified into:
    • Oil & Gas
    • Construction
    • Automotive
    • Marine
    • Sports
    • Aerospace
    • Others
Silica aerogel is the most used aerogel. It is used in important applications such as oil & gas, building insulation, automotive, aerospace, electronics, and others. The rising need for biodegradable products has been observed due to increasing awareness regarding environment protection.Aerogel proves to be an efficient alternative to conventional insulators as a result of its low thermal circulation, thus reducing the loss of energy and costs. Blankets are the most used form of aerogels as a result of its easy handling. Blankets are formed by the blending of silica aerogels and flexible fibers. As oil well lines, LNG tankers, and transfer lines need to be heated, super cooled, and protected to maintain product temperature aerogels are said to provide better thermal insulating properties. Oil & gas is the largest market for aerogels. The rising need for advanced insulation supplies in its important processes boosts the growth for oil & gas segment of the aerogels market. The increasing demand for aerogels applications in industries such as construction, oil & gas, and automobiles, is expected to drive the growth for the global aerogels market.
Aerogels Market Outlook
    In North America, the US is a major shale producer, enabling the use of aerogels in shale gas pipelines. This has resulted in North America being a major player in the shale market. NASA has successfully used aerogel as a hypervelocity particle capture and thermal insulator in its space missions. The U.S. is the top consumer of aerogel materials globally.
    As the Middle East is a major oil exporter, the use of aerogels in its pipelines has increased. The Middle East has connections to various nations. The use of aerogels in its pipelines improves the ease of transport.
    In Europe, the growth of the aerogel market depends mainly on the improving economies of countries such as the U.K. and Sweden. The subsequent increase in investment and technologies coupled with a rise in the number of new industrial establishments can lead to the development of Europe as a prominent market for aerogels.
    In Asia, the development of the construction and automobile sector is an important factor for the growth of the aerogel market. Developing countries such as India and China have increased the use of aerogel for safer and efficient constructions of buildings, as thermal insulators.
    In Africa, aerogels have a widespread use among various industrial sectors such as oil & gas, construction, production of automobiles, etc. As Africa is home to a number of developing countries, the aerogels prove to be an important component.
    In South America, Venezuela is one of the largest oil producers. The growth of the housing sector combined by the important use of aerogel as an insulator would improve the potential of the aerogel market in this region.
Green Earth Aerogel Technologies has developed carbon-based aerogel product by the usage of agricultural waste. This is a major advancement in the global aerogel market, as the widespread use combined with the biological nature of aerogel is projected to boost the aerogels market globally. The top companies of the market include Aspen Aerogels Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies LLC (U.S.), Nano High-Tech Co. Ltd. (China), Guangdong Alison Hi-Tech Co. Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Corporation (South Korea), and BASF SE (Germany).
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Animal Feed Additives Market - Insights, Size, Share, Opportunity Analysis and Forecast

Additives are natural or chemical substances added to preserve or improve the quality of food or a product. Feed additives are additives, specifically used in animal nutrition, to enhance the feed quality, digestibility in order to prevent diseases and improve quality of meat or food obtained from animals.
Farm animals are provided with a variety of additives such as sensory additives, nutritional additives, zootechnical additives, and coccidiostats and histomonostats. Sensory additives help stimulate the appetite of animals, allowing them to eat more; while nutritional additives provide specific nutrients to nutrient-deficient animals. Zootechnical additives are added to the feed to improve health and performance of animals, and coccidiostats and histomonostats are antibiotics used to prevent bacterial and microbial growth in the feed. Stringent regulations by the European commission have banned the use of coccidiostats and histomonostats, replacing them with probiotic alternatives. Regulation (EC) No 1831/2003 of the European Parliament and of the Council on additives for use in animal nutrition, banned coccidiostat on December 31, 2012.
This has prompted various developments to find natural alternatives to coccidiostats in histomonodial and anticoccidial drugs, which help control Eimeria infections. Some of the recent discoveries are the use of vaccines and other alternatives such as sulfonamide, nicarbazin, and amprolium. Unattenuated vaccines such as Coccivac, Advent, Immucox, and Inovocox, and attenuated vaccines such as Paracox and HatchPak CocciIII are widely used. Consumption of livestock such as poultry, swine, and cattle is growing as it constitutes a protein rich diet. This is expected to drive growth of the global animal feed additives market in the near future. Feed additives are increasingly being used to meet the nutritional levels required for metabolism that enables weight gain of the animal, and prevents consumers from diseases such as bird flu and swine flu. This, in turn is a driving factor for the global animal feed additives market growth. Animal feed additives market is expected to exhibit a CAGR of 4.43% in terms of revenue over the forecast period (2017-2025). The global antibiotics market was pegged at US$ 4.199 billion (revenue) in 2016, which is expected to expand at a CAGR of 4.41%, emerging as a major product expected to drive growth for the animal feed additives market over the forecast period.
The global animal feed additives market was pegged at US$ 16.27 billion in 2016 and is expected to expand at a CAGR of 4.43% in terms of revenue, over the forecast period.
Animal Feed Additives Market: Government Regulation
The United States Department of Agriculture, Code (592) Feed Management, was developed with a purpose to supply an adequate amount of nutrients required by livestock and poultry for maintenance, production, performance, and reproduction, while reducing the quantity of nitrogen and phosphorus nutrients excreted in manure by minimizing overfeeding of these nutrients. Feed additives used in livestock are labeled ‘organic’. However, the feed provided to birds is not rich in methionine – a proteinogen amino acid, thus bringing about the need to utilize synthetic additives such as synthetic methionine to aid in adequate feathering of birds. According to the United States Department of Agriculture, poultry feeding on Synthetic Methionine should not use the ‘organic’ labeling. A new rule set up by the USDA to reduce the acceptable limits of synthetic methionine in organic poultry. The European Union and Switzerland have a registered list of products permitted as feed additives in animal nutrition such as: a) substances as antioxidative effects, b) emulsifiers, stabilizers (e.g. organic acids), c) coloring substances, d) probiotics, e) enzyme mixtures, f) performance promoters (antibiotics, others banned since 1st January 1999), f) vitamins and provitamins, and g) trace elements.
Regional Insights
Asia Pacific, followed by Europe and North America, respectively, accounted for a major share in the global animal feed additives market in terms of revenue, in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Europe held a share of 27.77% in terms of revenue, followed by North America (24.44%). The growing consumer knowledge for quality meat and protein intake in Asia Pacific due to rising consumer awareness coupled with meat industry, is expected to drive growth of the global animal feed additives market over the forecast period. The enzymes segment in the global animal feed additives market is expected to witness a CAGR of 4.46% from 2017 to 2025. Asia Pacific is expected to be the most lucrative market during the forecast period, due to increase in grain demand for food production with low availability of land and water resources has resulted in the growth of the meat industry, which is expected to affect the animal feed additive in the global market. The feed additives acts as a catalyst which prevents diseases in animals and improves the vitamin intake, weight gain, digestion, and enhance the quality of meat. Owing to these factors and to control diseases such as avian influenza and bird flu, the addition of feed additives is expected to drive the global animal feed additive market over the forecast period.
Multinational players need to tap potential addressable market in emerging regions with the help of developments and technological advancement
Major players, including BASF SE, DuPont, DSM, Novozymes, Danisco, Evonik Industries AG, Addcon Group, Cargill Pvt. Ltd., Archer Daniels Midland Company (ADM), Adisseo Inc. France, Kemin Industries, and Inc., Nutreco N.V. are the key competitors in the global animal feed additives market. Development and innovation with technological advancement are the key market trends, which are expected to shape the industry in the near future. Among new developments, MiXscience developed ‘Vectorized Solutions, to Transport Additives by Release Technology (VSTAR)’, which is developed to provide protection and stability to active components during additive processing and in storage.
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Tuesday, 28 November 2017

Global Glass Packaging Market, By End-Use Industry and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Packaging is a technology that involves enclosing and protecting various types of products for storage, distribution, sale and use. The increasing demand for healthy, safe, convenience food & beverages and major growth of alcoholic beverages and beer industry in the recent past, especially in Asia Pacific, Europe and North America has been rapidly driving growth of the global glass packaging market. Glass packaging products can keep consumables safe and healthy for prolonged periods of time, as glass is largely non-reactive with most products. Also, it inhibits chemical interaction between the liquid and body. Glass products can be 100% recycled and reused. Also, 80% of recycled glass can be made into new glass products as well. Glass packaging is widely used for the packaging of beverages (alcoholic and non-alcoholic) and pharmaceutical products.
There are four types of glass used in glass packaging, namely, Type I glass, Type II glass, Type III glass, and Type IV glass. The type I and Type III glass packaging are mostly preferred by end users. The type I glass products are produced from borosilicate and are largely used by pharmaceutical and chemical companies, as they have the ability to keep chemicals safe. The type III glass are made from untreated commercial soda lime glass, and are highly preferred by the food and alcoholic beverages end-users. This is due to their ability to keep the consumables safe and healthy for huge period of time. The increasing consumption of alcoholic beverages and beer are making the type III glass products as the dominant product type segment, accounting over 83% in terms of value, in the global glass packaging market.
On the basis of product type, the global glass packaging is segmented into bottles, vials, jars, and others. Bottles was the largest product type segment in the global glass packaging market in 2016 and is expected to retain its dominance throughout the forecast period. The glass bottles are widely used by alcoholic beverages (except beer), beer and soft beverages end users. The glass bottles have the ability to keep the consumables fresh, safe and healthy for a longer period of time. The plastic bottles are unable to keep consumables safe for a longer period of time and also there is a lot of chemical interaction, which in turn is encouraging alcoholic beverages & beer manufacturers to opt for glass bottles for packaging. Moreover in food & soft beverages industry, glass provides the highest level of protection and the quality and freshness of food is maintained. Also, in pharmaceuticals industries as well, the product protection and safety are of the utmost importance. Owing to this, the inert material, namely, glass is the most ideal packaging option for the pharmaceutical industry, as glass packaging safeguards contents from oxygen ingress and cross-contamination, hence providing the superior protection.
The global glass packaging market was valued at US$ 53,616.38 million and 72,030.27 kilo tons in 2016 and is expected to expand at a CAGR of 4.9% in terms of revenue and 4.8% in terms of volume during 2017 – 2025.
Alcoholic Beverages (except Beer) is the largest end-use industry, followed by Beer for glass packaging market
Alcoholic end-use industry segment is expected to be the dominant industry, followed by beer in the global glass packaging market over the forecast period and are also expected to witness fastest growth over the following decade. The rapid increase in alcohol consumption, especially in the Asia-Pacific and Europe regions is the major driving force for the growth in glass packaging market. Also, the growing population coupling with high standard of living are the also the key factors driving alcohol consumption around the world. The glass bottles are mostly preferred by beer and wine manufacturers, thus, the increasing beer consumption in China, India, and other developing economies are adding up to the significant growth in global glass packaging market. Furthermore, the ability of glass materials to occur in different attractive shapes are propelling wine manufactures to use the glass bottles for packaging. Hence, the rise in wine market in Europe and Asia-pacific region is coupling the growth of glass packaging market globally.
Regional Insights
Asia-Pacific, followed by Europe, and North America, respectively accounted for major share in the global glass packaging market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Asia-pacific held a market share of 38.5% in terms of value in the global glass packaging market. The rising population, increasing beer consumption in China, India, and ASEAN countries, and rise in the standard of living are the major factors fueling the growth of glass packaging market in Asia-Pacific. In Europe, the alcoholic beverages and beer consumption is increasing at a huge pace, especially in France, Italy and Germany. Also, there is a huge demand of attractive shape glass bottles by wine and spirit manufacturing companies in Europe, which in turn is allowing glass packaging market to grow at a significant pace over the following years.
Multinational players
Major players in the global glass packaging market include Saint-Gobain S.A, Amcor, Bormioli Rocco, Ardagh Group, China Glass Holdings, Gerresheimer AG, Hindusthan National Glass & Industries, Heinz-Glass, Koa Glass, Orora Packaging Australia, Nihon Yamamura Glass, Owens-Illinois Inc., Piramal Glass and Consol Glass.
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High Purity Alumina Market - Insights, Opportunity Analysis and Market Trends

Plummeting costs of LEDs and increasing consumer shift towards replacing incandescent lights with LED lights, owing to their high energy efficiency and low carbon emissions is in turn expected to create highly lucrative growth prospects for the global high purity alumina market throughout the forecast period (2017–2025). Artificial sapphire is used as a substrate in production of LEDs, onto which the emitting layer of the LED is deposited as a vapor. Artificial sapphire is derived from high purity alumina by single crystal technology. As per stats released by Coherent Market Insights, the 4N purity segment was pegged at US$ 744 million in 2016. 99.99% purity level the 4N grade alumina is widely used, due to easier availability of smelter grade and low production cost. The 4N grade high purity alumina is widely used in gas separation and ultra-filtration process due to its high chemical resistance, porous nature, and mechanical strength. Moreover, demand for 5N grade high purity alumina is expected to witness significant growth during the forecast period as it finds wide application in scratch-proof sapphire glass and high end electronic displays. The market is expected to gain traction in Asia Pacific region due to burgeoning growth of various end-use industries in China, Taiwan, South Korea and India.
The global high purity alumina market size was valued at US$ 1764.9 million (revenue) and is expected to expand at a CAGR of 16.3% in terms of revenue during the period 2017 – 2025.
Surging demand for Electronic Displays Augmenting Market Growth
Asia Pacific has emerged as a major manufacturing hub, with major players focusing on capitalizing on economies of scale in the region. Furthermore, the region is a highly lucrative market for consumer electronic products, on the back of rampant economic growth in countries such as India and China. Besides, as per statistics released by India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the country is poised to emerge as the second-largest market for smartphones in 2017. According to stats released by Coherent Market Insights, the electronic display market is projected to exhibit a robust CAGR of 16.9% during 2017-2025. These factors collectively position Asia Pacific as a powerhouse in the global high purity alumina market, and is expected to retain its dominance in the market through 2025.
Cost Reduction: A Major Challenge for Market Players
The high purity alumina is a highly capital intensive market, which creates high entry barriers for new entrants. High production costs result in high cost of end products and relatively low profitability. Thus, the market is highly consolidated and is mainly dominated by major players based in Australia and China. This is mainly attributed to large bauxite reserves—the basic raw material for production of high purity alumina-in these countries.
Major players in the global high purity alumina market include Altech Chemicals Limited, Baikowski Pure Solutions, Nippon Light Metal, Polar Sapphire Ltd., Sumitomo Chemical Co. Ltd., Orbite Technologies Inc., and Alcoa Inc. and among others.
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Chocolate Market- Insights, Size, Share and Industry Forecast 2025

Chocolate is the ultimate comfort food type and flavor in the world. It is made in the form of blocks, liquid or paste. In many types of food stuff, it is used as flavoring ingredients, such as chocolate brownies, cakes, chocolate cookies, bars, and candies. Cocoa is the main ingredient in the production of chocolate. Cocoa provides phytochemicals that can improve health by acting as an antioxidant. Dark chocolate has high phytochemical content. Chocolate eating triggers the release of serotonin within the brain that contributes to the pleasure experience.
Major driver propelling the growth of the chocolate market is the increased awareness regarding the health benefits of chocolate, such as blood pressure suppressing property, antioxidant enrichment, and anti-aging property. In addition, increasing consumption of chocolate on seasonal and festival occasion are the reasons for the growth of the chocolate market. Moreover, with the growth in the confectionary market demand for chocolate is also rising, according to coherent market insights, the confectionary market is growing at CAGR of 3.8% during the forecast period of 2017 - 2025.
Europe led the chocolate market and is expected to grow at CAGR of 4.6% during the forecast period, 2017-2025. It is expected to be valued at US$ 43.20 billion by 2025. According to National Confectionary Association (NCA), Germany led one-fourth of the Western European in sales and consumption in 2016. North America is the second largest chocolate market with the U.S being major economy in the region. It has the highest consumption of chocolate and presence of international players such as Mars, Mondelez, etc. Asia Pacific is the fastest growing region in chocolate market, owing to the growth of multinational companies in the region such as Mars, Hershey’s, Ferrero, and Ghirardelli. Also, high consumption of chocolate by growing population is propelling the demand for the growth of chocolate market over the forecast period.
By price range, economy range chocolate has the highest demand. During festivals such as Christmas, Easter, and Diwali demand for economy range and mid-range chocolate is high due to large population of low-income economy. According to World Bank PovcalNet Database, around 56% of global population is low-income and around 13% is middle-income population. Among products type, molded bars have the highest shares and it was valued at US$ 35.34 billion in 2016.
Among flavored chocolates, milk chocolates dominates the global chocolate market, which was valued at US$ 39.49 billion in 2016 and it is growing at a CAGR of 6.0% during the forecast period of 2017 - 2025. Dark chocolates have the second largest market growing with a CAGR of 8.3% during the forecast period of 2017 - 2025. Owing to various health benefits and increased awareness among the peoples regarding dark cocoa chocolates is expected to propel the demand for dark chocolates over forecast period.
According to the International Cocoa Organization, the net sales of the Mars Inc. was at the peak in 2016 with US$ 18000 Million followed by, Mondel?z International with US$ 12,900 Million.
Major Players in the Chocolate Market:
Some of the major players in the chocolate market include Mars, Hershey, Nestlé, Barry Callebaut, Kraft Foods, Ferrero, Moonstruck Chocolatier Co., Ghirardelli Chocolate Co., and Mondelez International (Cadbury).

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.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702

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Monday, 27 November 2017

Spunbond Nonwoven Market Analysis, Trends and Key Players

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.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702

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