Thursday 31 May 2018

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

Vanillin (4-Hydroxy-2-mythoxy benzaldehyde) is an organic compound, belonging to the phenol aldehyde group. Vanilla beans is the largest concentrated natural source of vanillin, followed by Leptates bicolor, Chinese red pines, lychee fruit, and raspberry. Vanillin is produced through three ways namely, natural, biosynthesis, and chemical synthesis. Natural and chemical synthesis are two most important means of vanillin production. Vanillin is extensively used in the food industry as a flavoring agent for chocolates, ice-creams, candy, biscuits, and cakes. Ethyl vanillin and methyl vanillin are the two types of vanillin. Ethyl vanillin is a stronger flavoring agent as well as is expensive than methyl vanillin. Vanillin is also used in intermediate applications in the pharmaceuticals and fine chemicals industries.
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Use of vanillin as a food additive is widely approved by authorities such as the FDA, which has granted GRAS status to its use. The use of vanillin, is not associated with the any adverse effects or associated with health complications over the past few decades. This ensures its safety, which is expected to increase the demand for vanillin globally. An Acceptable Daily Intake (ADI) of 10 mg/kg has been agreed between the FAO/WHO and EU. Lack of evidences to restrict vanillin consumption as a consumable food additive, influences a large number of manufacturers to invest more in global vanillin market. Growing urbanization, improved standard of living, and continuous research to increase techno-commercial benefits of vanillin are projected to be key drivers for growth of the global vanillin market during the forecast period (2017-2025).
Global Vanillin Market Taxonomy
On the basis of production, global market for vanillin market is segmented into:
    • Natural
    • Chemical
On the basis of vanillin type, global market for vanillin market is segmented into:
    • Ethyl vanillin
    • Methyl vanillin
On the basis of end use, global market for vanillin market is segmented into:
    • Food
    • Pharmaceuticals
    • Fine chemicals
Among production type, the natural production segment contributes to major market share in terms of volume and value due to bulk availability of natural raw materials and higher product yield than the chemical segment. Natural vanillin production is expected to retain its dominance over chemical production during the forecast period (2017-2025).
Among vanillin type, the ethyl vanillin segment is the leading segment in terms of volume followed by methyl vanillin segment. As ethyl vanillin is a stronger agent than methyl vanillin.
Among end use, the food segment holds the highest market share in terms of volume and value, followed by the pharmaceutical segment due to increased urbanization, rising consumer food demand coupled with health awareness.
Global Vanillin Market Outlook
Asia Pacific holds a dominant position in the global vanillin market in terms of revenue in 2016 and is expected to retain its dominance throughout the forecast period. Europe is the second largest region to contribute in global vanillin market growth, followed by North America. Owing to the presence of a large number of food and pharmaceuticals units, significant growth is expected in Europe during the forecast period.
Key Players in Global Vanillin Market
Some of the key players operating in the global vanillin market are Evolva Holding SA, Solvay SA, Borregaard, Jiaxing Zhonghua Chemical Industry Co., Ltd., Virginia Dare, Shanghai Xinjia, Watkins Natural Gourmet, Zibo Svolei, Liaoning Shixing, Synnova Chemicals, and Prinova Group LLC. In 2013, International Flavors & Fragrances partnered with Evolva Holding for the production of biotechnology-based vanillin. In 2016, Evolva Holding increased its production capacity that helped them to establish a strong foothold in the market.
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North America Pressure Pumping Market- Industry Insights, and Outlook 2025

Pressure pumping involves propagation of cracks and fractures through rocks by using pressurized fracturing fluid and pumping cement into well bore to complete it. Pressure pumping is required for stimulation, completion, intervention and other processes related to well lifecycle. It is used for extraction of resources from resources such as tight gas, shell gas, and unconventional liquids. They are mainly used for extraction of resources that are difficult to recover by regular drilling and low permeability reserves. Pressure pumping services are primarily used by sand control services, acidizing services, cementing services and hydraulic fracturing services. The advantage of using pressure pumping services is the enhancement of productivity of reserves which, in turn, improves asset value and investment return.
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The increasing energy requirements, availability of advanced technology and increasing investments in unconventional and offshore exploration are expected to drive the pressure pumping market in North America. The growing concern about the environmental damage caused by pressure pumping such as seismic activities and water contamination are the major factors hindering the growth of pressure pumping market.
North America Pressure Pumping -Market Taxonomy
On the basis of well type, the North America pressure pumping market is segmented into
    • Vertical Wells
    • Horizontal Wells
On the basis of service type, the North America pressure pumping market is segmented into
    • Cementing Services
    • Remedial cementing
    • Primary cementing
    • Hydraulic fracturing
    • Others
On the basis of resources type, the North America pressure pumping market is segmented into
    • Unconventional
    • Conventional
The horizontal wells segment is projected to be the fastest growing segment, owing to growing shale gas plays in U.S. and Canada. Hydraulic fracturing services are the largest services due to its increasing use in oil sands and shale gas in Canada and U.S. respectively.
North America Pressure Pumping -Market Outlook
The pressure drilling market is largest in U.S., due to rising shale gas plays and increasing oil and gas exploration. According to Annual Energy Outlook 2017, published by U.S. Energy Information Administration, the natural gas production may account for 40% of U.S. energy production by 2040, which will augment pressure pumping market. However, the increasing environmental concerns will restrain the growth of pressure pumping market in U.S.
The oil and gas industry in Canada has a lucrative growth, due to increased exploration, drilling, production, refining activities. Furthermore, advancement in science and technology, availability of experienced financing institutes for oil and gas sector, abundant resources, and proficiency in remote location operation are factors fueling the growth of oil and gas industry which, in turn, is propelling pressure pumping market growth in Canada. According to Natural Resources Canada, oil sands production is estimated to double to 3 mb/d by 2020, while production of crude oil from oil sands will exceed 4.5mb/d by 2025. This will augment the demand for pressure pumping in Canada.
Key Players in the North America Pressure Pumping Market
The pressure pumping market players are adopting various strategies such as merger and acquisition to retain their market position. For instance, in April 2017, Patterson-UTI Energy merged with Seventy Seven Energy Inc.Some market players operating in pressure pumping market in North America include Halliburton, RPC, Inc., Baker Hughes, Calfrac Well Services Ltd, Schlumberger, Frac Tech Services, International Step Energy Services Ltd.,Trican Well Services Ltd.,Key Energy Services, Sanjel Energy Services, Liberty Oilfield Services, Consolidated Oil Well S2ervices, LLC Magnum Cementing Services, and Ltd. Nine Energy Services.
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Tube Packaging Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-25

A tube is a soft container that can be squeezed and utilized for the packing of thick liquids such as glues, sealing, ointment, and toothpaste. A tube is a hollow structure, both ends of which are treated differently during the manufacturing process and filling. A tube has a round orifice at one end that is closed with the help of a cap. The orifice can be shaped in many different ways, for instance, plastic nozzles that of varied styles and lengths. The other end of the tube is folded, to seal after the contents are added. Tube packaging containers are modified with production, labeling, punching, slicing, and crimping to create an attractive package.A thread is mostly tapped onto the opening structure in order to attach caps and closures. Tube packaging contains no germs due to the high temperatures during the production process. As it is possible to coat the inside of a tube with special coatings, the tube does not react with its contents.
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Toothpaste, cosmetic creams, food items, gums and glues, ointments, and cleaners use tubes for their packaging. Increased cosmetic and toiletry production is one driver contributing to growth of the tube packaging market. Excellent barrier protection, extremely elastic project and ease of packaging makes tubes a highly sought after packaging option. The key factors driving growth of the tube packaging market are growth in flexible packaging and innovative packaging.
Tube Packaging Market Taxonomy:-
On the basis of application, the global tube packaging market is classified into:
    • Adhesives
    • Ointments
    • Sealant
    • Toothpastes
    • Cosmetic and shaving cream
    • Others
On the basis of tube type, the global tube packaging market is classified into:
    • Squeeze Tubes
    • Twist Tubes
    • Rigid tubes
    • Extruded tubes
On the basis of material, the global tube packaging market is classified into:
    • Laminated Tubes
    • Aluminum Tubes
    • Plastic Tubes
    • Others
On the basis of end user, the global tube packaging market is classified into:
    • Cosmetics & Oral Care
    • Food & Beverages
    • Cleaning Products
    • Pharmaceuticals
    • Sports
    • Others
Squeeze tubes are the major growth drivers of the global tube packaging market. Squeeze tubes have efficient properties such as resilience, non-poisonous, and convenient application. The cosmetics & oral care industries are the biggest contributors towards growth of the global tube packaging market. Laminated tubes are used the most as a result of its multi-layered barricade arrangement, which reduces the transfer of oxygen and light. As compared to other methods, laminated printed tubes look clearer and brighter, in turn improving the visual value of the tube. The increased use of tubes in beauty products and toiletries, support the growth of the tube packaging market as these end users represent a major share of the tube packaging market.
Market outlook
The European market accounts for the largest share of global tube packaging market due to its large-scale use in various healthcare and toiletry products. However, due to technological developments in this region, the market is now maturing in the European countries. However, the recovering economies post-recession are expected to boost the growth of the tube packaging market.
In Asia -Pacific, the tube packaging market in growing at a huge pace in emerging markets of the region such as China, India, and Japan. The reason for the market is the increasing middle-class population of the region and increasing incomes, which drive the demand for easy and safe packaging, subsequently driving growth of the tube packaging market.
In Latin America, the growth of the tube packaging market is credited to influences such as improving living conditions, coupled with rising disposable income of the working population in its emerging economies.
The African region is represented by a strong growing demand for various healthcare products in South Africa. The developing economies in this region could provide the tube packaging market with various growth opportunities due to investments made by companies to improve. Africa is the home to major companies such as Nampak, which further boost the growth of the tube packaging market. The Middle East proves to be an attractive market due to the growing urbanization and availability of disposable income
Recent developments in the tube packaging market include the deal between J&J and Dr Ci Labo in 2016. This would improve J&Js influence in the global skin care market. This in turn is projected to drive the demand for the tube packaging market, in Asia. Some major tube packing players include Albea Group, Alcan Packaging, Amcor, Constantia Flexible, Custom Paper Tools, Essel ProPack, Sonoco Products Company, and Unette Corporation.
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Wednesday 30 May 2018

Polyphenylene Sulfide (PPS) Market- Trends, and Forecast 2025

Polyphenylene Sulfide (PPS) is a semi-crystalline, high temperature engineering plastic, which is widely accepted across various industries for its remarkable features such as high mechanical strength, high temperature and chemical resistance. These properties of PPS make it an appropriate alternative of choice for various metals and thermosets. The demand for PPS has significantly increased in across applications such as automotive components, filter bag in coal boilers, and electrical & electronic products. Polyphenylene sulfide or PPS can be bought in diverse forms and grades, including fibers, films, coatings, filaments and compounds. Unfilled PPS resin holds the ability to be melt spun as well as melt blown, so as to offer fabrics and fibers that have applications in flame-resistant clothing, filtration media and conveyor belts. Various reinforcing materials such as glass fibers help in reinforcing polyphenylene sulfide to enhance its thermal and mechanical properties. PPS is generally applied in injection molding processes and can even be turned into films and coatings. These versatile properties make PPS a preferred choice for diverse applications across various industries.  
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Polyphenylene Sulfide Market Taxonomy
On the basis of application, the global market is classified into:
    • Automotive
    • Electrical & electronics
    • Industrial
    • Filter bags
    • Aerospace
    • Coatings
    • Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)
Key players focusing on organic growth strategies to ensure sustainable growth in the polyphenylene sulfide market
Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level. Apart from this, a few key companies are expanding their production facilities in order to cater to growing demand for PPS. For instance, in April 2014, Celanese Corporation, a specialty materials company, announced the expansion of its Nanjing, China manufacturing facility. The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.
Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth
Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally. The product’s wide usage in different automotive components, such as transmission components, switches, coolant systems, and pistons, is also likely to drive the global polyphenylene sulfide market growth in the near future.
Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China. On the contrary, factors such as easy availability of substitutes, such as PEEK and PEI, and price volatility of raw materials are projected to inhibit global market growth over the near future.
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The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.
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Tuesday 29 May 2018

Flexographic Printing Inks Market Industry Insights,Trends and Forecast 2025

Flexographic printing process involves dyestuff as colorants for printing applications. Growing preferences among consumer for flexible & colorful packaging and technological advancements in printing techniques coupled with high quality printing inks with low VOC content is expected to boost growth of the flexographic printing inks market. Major players in the market focus on new product development and integrating new technologies in existing product portfolio to meet rising demand of its customer base. For instance, on May 01, 2017, Sun Chemical introduced new high performance UV Flexo Inks during Label Summit in Latin America 2017.
UV-cured inks market is projected to witness the highest growth during 2017-2025. According to the stats provided by Coherent Market Insights, the UV cured inks market is expected to witness a CAGR of 6.1% in terms of value. Favorable government regulations, owing to rising safety standards of packaged food is in turn surging demand for UV cured inks. UV cured inks also find wide application in various end-use industries such as pharmaceuticals, consumer goods, printing and publication due to its high durability, zero volatile organic compound, and superior adhesion properties.
The global flexographic printing inks market size was valued at US$ 6.57 Billion (revenue) and 1,611.4 Kilo Tons (volume) in 2016 and is expected to expand at a CAGR of 5.6% in terms of revenue and 4.4% in terms of volume during 2017 – 2025.
Product Insights
Rapid industrialization in emerging economies such as China, India and Brazil is projected to increase trade activities across the region, which in turn driving demand for flexible packaging. Also, growth of the food and beverages sector is expected to exponentially drive growth in demand for flexible packaging and in turn fuel growth of the flexographic printing inks market over the forecast period, as these packaging finds wide applications in packaging and promoting brand. Cosmetics and pharmaceuticals industries are major end users of flexible packaging due to low VOC content and environment friendly. For instance, on April 01, 2007, the Environmental Protection Department of Hong Kong, amended the VOC regulation to control the in-house air pollution and planned to reduce the amount of VOC in air up to 55% by 2010. Also, The Canadian Environmental Protection Act, 1999 (CEPA 1999) was enforced to protect the environment and health in Canada by setting VOC concentration limits for 53 categories of architectural coatings.
Regional Insights
Asia Pacific, followed by Europe and North America, respectively accounted for major share in the global flexographic printing inks market both in terms of revenue and volume in 2016 and are projected to retain their dominance in the market over the forecast period. In 2016, Asia Pacific held a share of 39.2% in terms of volume, followed by Europe (25.4%). The growing demand for corrugated container in Asia Pacific due to extensive use in packaging of goods such as cosmetics, food products, beverages, hazardous chemicals, pharmaceuticals and other materials in turn creates a highly favorable environment for growth of the global flexographic printing inks market. These packaging finds large applications due to its light weight, high durability, high strength, cost effectiveness, appealing aesthetic value and recyclability. Moreover, growing e-commerce and retail sector around the world is also expected to fuel the demand for corrugated container, which in turn is increasing the global flexographic printing inks market in the following years. According to a study conducted by Coherent Market Insights, the global corrugated container market is expected to witness a CAGR of 5.0% from 2017 to 2025 which is expected to fuel growth of the global flexographic printing inks market.
Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion
Product portfolio expansion and geographical expansion are the key market trends which are expected to shape the industry in the near future. For instance,
2016, Flint Group acquired Printec Industries Inc, located in Marietta, Georgia, U.S.
2015, Flint Group acquired Xeikon a leading digital solutions provider to the packaging and commercial printing markets
Major players in the global flexographic printing inks market include Flint Group, Siegwerk Druckfarben AG & Co., Huber Group, Sun Chemical Corporation, Wikoff Color Corporation, Zeller+Gmelin GmbH & Co. KG., INX International Ink Co, Toyo Ink SC Holdings Co, ALTANA AG and XSYS Print Solutions (Shanghai) Ltd. among others.
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Microcrystalline Cellulose Market - Global Trends, and Forecast till 2025

Microcrystalline is refined wood pulp and chemically inert substance, extensively used in food, pharmaceuticals, cosmetic, and polymer composite industries. This is owing to its non-toxicity, renewability, biodegradability, and mechanical properties such as high surface area and bio compatibility.  In processed food products, it is used as an emulsifier, stabilizer, anti-caking agent, texture modifier, stabilizer, a fat substitute, and a suspending agent.
Increasing application of microcrystalline cellulose in various industries is a major factor propelling growth of the global microcrystalline cellulose market. For instance, microcrystalline cellulose is used as stabilizer, gelling agent, suspending agent, and anti-caking agent in beverages. It is also used as a cold and hot stabilizer, in frozen food, ice cream, and canned meat, in order to improve the shelf life of the product. Furthermore, MCC (Microcrystalline Cellulose) is widely used in pharmaceuticals, owing to its tasteless, odor less, and chemical inertness properties. According to the International Trade Administration, in 2016, the global market for pharmaceuticals is projected to grow from around US$ 1 trillion in 2015 to US$ 1.3 trillion by 2020, with an annual growth rate of 4.9%. The steadily growing pharmaceutical industry is expected to support the market growth of microcrystalline cellulose over the forecast period. However, high production cost along with low production yield are major factors hampering growth of the market.
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Among end-use industries, pharmaceutical segment accounted for a dominant share in the market in 2016, owing to high use of microcrystalline cellulose in pharmaceutical. This is due to its chemical inertness and dry binding properties. Furthermore, food and beverage segment is expected to exhibit a substantial growth in the global microcrystalline cellulose market over the forecast period. This is due to wide application of MCC in various food and beverages including desserts, frozen food, dairy products, and baked goods.  In addition to this, it is also used as a fat replacer and helps maintain the food consistency.
North America held the dominant position, in terms of revenue, in the global microcrystalline cellulose market in 2016, and accounted for a share of 30.47%. This is attributed to steadily growing food and pharmaceutical industries as microcrystalline cellulose has high penetration in pharmaceuticals and is extensively used as functional ingredient in food and beverages. According to the International Federation of Pharmaceutical Manufacturers and associations (IFPMA), the share of US in the global pharmaceutical market is expected to increase from 40.3% in 2015 to 40% in 2020. Moreover, increasing demand for low fat food, owing to growing obese population in the region is a factor expected to support growth of the market over the forecast period. This is as MCC is gaining popularity as a cellulose-based fat replacer and is widely used in sauces, dairy products, salad dressings, and frozen desserts. According to the Center for Disease Control and Prevention (CDC), during 2011–2014, the prevalence of obesity was 36.5% among the total adults in the U.S.
Asia Pacific is projected to be the fastest growing region in the global microcrystalline cellulose market, registering the highest CAGR of 7.33% over the forecast period. Rapidly growing food and pharmaceutical industries in the region is positively affecting growth of the market. Increasing demand for pharmaceutical products is majorly driven by steadily growing geriatric population in Asia Pacific.  According to the World Bank, growth rate of the geriatric population in East Asia is higher as compared to other parts of Asia Pacific. In 2010, over 211 million residents were recorded under the category of geriatric population in East Asia, out of which, China accounted for around 130 million residents.
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Major players operating in the global microcrystalline cellulose market include FMC Corporation, Asahi Kasei Corporation, Juku Orchem Private Limited, Mingtai Chemical Co. Ltd., Blanver, J Rettenmaier & Shone GmbH + Co Kg, Singachi Industries Pvt. Ltd., Accent Microcell Pvt. Ltd., and DFE Pharma.
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Bioplastic Packaging Market, by Product Type, End Use, and Geography - Trends, and Forecast till 2025

Global Bioplastic Packaging Market-Insights
A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conventional plastic is widely used for packaging of casings, electronics, and food products, amongst others. This, in turn, is negatively impacting the environment, leading to increasing land and marine pollution.
Major factors driving growth of the global bioplastic market is rising adoption of bioplastic packaging solutions, due to their environment friendly and biodegradable nature. Bioplastics packaging solutions are effective packaging option as compared to plastic based packaging due to the large scale availability of degradable and renewable based raw materials used in the production of bioplastic packaging. Bioplastics significantly help in the reduction of poisonous VOC emissions as compared to conventional plastic packaging solutions.
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However, biodegradable packaging is relatively expensive than conventional plastic. This is owing to high manufacturing cost of biodegradable material to offer properties similar to conventional plastic packaging. This is expected to be a major restraining factor for growth of the market. According to the European Bioplastics Organization, as of 2017, bioplastics represent a mere 1% of around 320 Mn tons of the global plastic production.
Food and beverages segment is expected to be dominant, accounting for 76.12% of the market share in terms of revenue in 2016, and is expected to reach 77.12% by 2025. It is expected to exhibit a CAGR of 27.94% over the forecast period. This is owing to high demand for bioplastic packaging in the food and beverages industry as companies are looking to switch to biodegradable packaging options especially for organic food and premium & customized products that have specific requirements. Rigid based bioplastic packaging options are available for consumer goods including creams, lipsticks as well as beverages. Companies are increasingly using products such as PLA, bio-PE, and bio-PET for these applications. For instance, companies such as Coca Cola, Volvic, and Heinz are using bio-PET in the production of bottles for beverages and other fluid products. P&G uses bio-PE for the packaging of cosmetics. Flexible bioplastic packaging such as films are useful in packaging of fruits and vegetables, in order to increase the shelf-life. There are numerous thermoplastic packaging options available for application in the food and beverages industry depending on the requirement. Bioplastic packaging is refined and easily flexible solution in order to meet specific preservation and requirement needs. Bioplastics aid in increasing the shelf life of products. This is due to its properties such as antimicrobial coating.
Bioplastics are expected to replace conventional plastic packaging in numerous industries as a result of their unique properties. Bioplastic packaging offer the same properties with added advantages over conventional plastics in the market. Manufacturers are adopting numerous organic and inorganic growth strategies such as mergers and acquisitions in order to increase their market share in the global bioplastic packaging market. For instance Cardia Bioplastics merged with Stellar Films Group in 2015. The merger will result in Cardia Bioplastics acquiring Stellar Films and thus resulting in the company entering the bioplastic films business. This has resulted in diversifying the company’s product portfolio.
Some of the major players operating in the global bioplastic packaging market are BASF SE, Koninklijke DSM N.V., NatureWorks, LLC, Metabolix, Inc., and The Dow Chemical Company., among others.
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Pharmaceutical Packaging Market - Industry Insights, Trends, and Forecast, 2017-25

Pharmaceutical packaging, also known as drug packaging, involves activities from pharmaceutical production to distribution to the end user, through the distribution channels. Technological advancements, rise in demand for devices of drug delivery, increasing demand for eco-friendly and reusable packaging, rapid development in healthcare services coupled with rapid urbanization especially in the emerging economies such as India, and China are some of the major factors responsible for the growth of the pharmaceutical packaging market at the global level.
However, fluctuating prices of the raw materials used for the manufacturing of pharmaceutical packaging products is one of the major factors restraining the growth of the market currently. However, the impact of this restraint is expected to remain medium throughout the forecast period.
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Sale of counterfeit medicines is another major factor that is hindering the growth of the market at present. Asia Pacific accounts for a large share for the sale of counterfeit medicines. Counterfeiters use regular packaging for the sale of counterfeit medicines, which is greatly hindering the growth of the pharmaceutical packaging market in the region. However, the impact of this restraint is expected to subside by the end of the forecast period on account of rising consumer awareness about counterfeit medicines, rising media interference regarding the same and stringent actions taken up by the governing bodies. For instance, in 2017, under the new Anti-Falsification Directive in Europe, drugs that are prescribed by the doctors will have to be provided with a unique code number, which will signify that the packaging is authentic and new.
North America dominated the pharmaceutical packaging equipment market in 2016, accounting for a market share of over 40% and is expected to retain its position throughout the forecast period. U.S. is the major contributor to the growth of this market and is expected to project a strong growth during the forecast period on account of frequent product launches by the major manufacturers in the field of pharmaceutical packaging. Furthermore, large presence of major manufacturers operating in the pharmaceutical industry such as Pfizer are creating huge opportunities for the manufacturers of pharmaceutical packaging in the country, which in turn is augmenting the growth of this market in North America.
Asia Pacific market is expected to project the highest CAGR of 10.37% during the forecast period due to growing urbanization and rising demand for healthcare services. India, Australia, China, South Korea and Japan are some major economies contributing to the growth of pharmaceutical packaging market in this region.
On the basis of material, plastics and polymers segment dominated the pharmaceutical packaging market in 2016, with a revenue of US$ 34.68 billion in the same year. Availability of numerous grades for plastic, easy handling due to light weight and its property of being chemically inert are some of the major factors responsible for the large market share of this segment.
On the basis of product, plastic bottles are witnessed to lead the market throughout the forecast period.
Among the end users of pharmaceutical packaging, the pharmaceutical manufacturing segment dominated the market in 2016, and is expected to lead the market throughout the forecast period. However, contract packaging is expected to have rapid growth due to increasing number of manufacturing facilities, especially in the developing countries coupled with increasing efforts taken up by the manufacturers in order to minimize costs and maximize product development.
North America led the pharmaceutical packaging market in 2016 and is expected to retain market dominance throughout the forecast period. However, Asia Pacific is anticipated to exhibit the fastest growth in the pharmaceutical packaging market during the forecast period.
Major Players in Global Pharmaceutical Packaging Market
Major players operating in the market of pharmaceutical packaging include Amcor Limited, Berry Plastics Corporation, MeadWestvaco Corporation, Becton Dickinson and Company, Owens-Illinois Inc., West Pharmaceuticals Services Inc., Schott Pharmaceuticals Services Inc., RPC Group Plc and Graphic Packaging International Inc.
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3D Concrete Printing Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2017-2025

3D printing allows construction of 3D printed structures, houses, and bridges. It allows construction of designs with flexibility, construction time optimization, cost, environmental factors and error reduction. Structural components are built layer-by-layer from the high-performance concrete that is emitted from the nozzle with no framework or any vibrations. This technology is bringing new and innovative architectural ideas and completely varies to the present architectural structures.
Furthermore, 3D concrete printing technology paves ways for limitless rich décor with new shapes and elements and minimizes waste, compared to current technology that makes new constructions more expensive and difficult. Constructions printed in 3D provides immense speed for construction making complex structures easy with high performance concrete.
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Increasing construction activities in emerging economies is driving growth of the market. However, high initial cost associated with process and lack of awareness regarding this technology is restraining growth of 3D Concrete Printing market.
Global 3D Concrete Printing Market Taxonomy
On the basis of product type, the global 3D concrete printing market is segmented into:
    • Walls
    • Floors
    • Roofs
    • Panels
    • Lintels
    • Staircase
    • Paving Slabs
    • Others
On the basis of concrete type, the global 3D concrete printing market is segmented into:
    • Ready-Mix Concrete
    • Shotcrete
    • High-Density Concrete
    • Precast Concrete
    • Lightweight Concrete
    • Limecrete
    • Stamped Concrete
    • Others
On the basis of software, the global 3D concrete printing market is segmented into:
    • Design Software
    • Inspection Software
    • Printing Software
On the basis of end-use industry the global 3D printing market is segmented into:
    • Residential
    • Commercial
    • Architectural
    • Industrial Construction
    • Sports
    • Education
    • Healthcare
    • Others
Walls segment is projected to have the highest market share in 3D concrete printing over the forecast period, as this technology offers wall construction with detail. Moreover, it is convenient to use and saves time. Similarly, ready-mix concrete segment has a largest market share in the 3D concrete printing market, as it provides less labor cost, consumes less space on the site and has good quality. Residential segment is projected to be the largest market in the 3D concrete printing market, owing to rise in residential construction.
Global 3D Concrete Printing Market Outlook
Asia Pacific is projected to be the fastest growing market in the 3D concrete printing, owing to increasing green construction activities, industrialization, advancement in construction technology, especially in the emerging economies such as India and china, which is driving growth of 3D concrete printing market in this region. China is the largest market for 3D concrete printing, owing to increasing awareness regarding technology, which is contributing to the growth of market in this region. Government of India is looking forward for scheme, ‘Houses for all’ by 2022, providing sustainable and affordable houses for citizens.
North America is projected to be the dominant market in the 3D concrete printing, owing to advancements in construction technology. The U.S. and Canada are leading the market allowing huge change in manufacturing goods all over the world.
Europe is projected to witness burgeoning growth in the 3D concrete printing market, owing to technological advancement in the economies such as Netherlands, Spain, and numerous other regions. World’s largest printed construction was designed in Europe and also commenced the first 3D printing building full filling the government regulations. The Dutch companies are focusing on Dubai, Netherland, and China for their growth, which is fueling growth of 3D concrete printing market.
In 2016, the pedestrian bridge was built for the first time in the world printed in 3D developed by ACCIONA. The bridge was 12 meters long and 1.75 meter in width. The world’s largest printed construction was designed by Universal Architecture, a Dutch company, which used sand to create stone-like material. The WinSun, a Chinese company, recently constructed 10 houses in 24 hours using 3D concrete printing with per house costing US$ 5000.
The major players operating in 3D concrete printing market include WinSun Global, Universe Architecture, Sika, Carilliom Plc., Fosters + Partners, Skanska, DUS Architecture, and LafargeHolcim.
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
Email: sales@coherentmarketinsights.com

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