Thursday 28 June 2018

Trimethylolpropane Triacrylate Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Trimethylolpropane triacylate, also known as TMPTA, is a colorless or pale yellow transparent liquid, soluble in aromatic hydrocarbon organic solvents and low carbon alcohol. It is used to manufacture inks, adhesives, and coatings. TMPTA can be found in various products such as automobile headlamps, hardwood floors, compact discs, and UV-curable lithographic inks among others.
Drivers and Restraints
Increasing demand for trimethylolpropane triacrylate, owing to its advantageous properties as fast curing agent with good chemical resistance and hardness is expected to propel growth of the market. Furthermore, growing demand for trimethylolpropane triacrylate in coatings and varnishes as it is cost effective, is also fueling growth of the trimethylolpropane triacrylate market. According to Coherent Market Insights (CMI), the global paints and coatings market was valued at US$ 137.25 billion and 46,686.09 kilo tons in 2016, and is expected to exhibit a CAGR of 5.6% in terms of revenue during the forecast period (2018 – 2025).
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However, exposure to trimethylolpropane triacrylate may cause irritation to eyes and skin and the classification of trimethylolpropane triacrylate is regulated by European Union under Regulation (EC) No. 1272/2008, is expected to hinder growth of the trimethylolpropane triacrylate market.
Market Trends
Among applications, the paints and coatings segment is the fastest-growing segment, owing to increasing government investments in corporate and commercial infrastructure. For instance, in 2015, the Indian Ministry of Road Transport, Highways and Shipping announced a target of US$ 376.53 billion investment in the infrastructure sector by 2018. This in, turn creates a highly conducive environment for growth of the global paints and coatings application segment, which in turn, is driving growth of the trimethylolpropane triacrylate market, owing to its application in UV/radiation curable coatings.
The plastic segment is expected to exhibit significant growth over the forecast period. This is attributed to increasing demand for plastic in the automotive industry. According to the Plastic Europe, 322 million tons of plastic was produced globally in 2015, which increased to 335 million tons in 2016.
Market Outlook
North America accounted for a significant share in the global trimethylolpropane triacrylate market in terms of value in 2016 and is expected to retain its dominant position over the forecast period. This is attributed to increasing demand for paints and coatings, owing to technological advancements in the production of paints and coatings in North America. For instance, PPG’s two electrocoat (e-coat) technologies, ENVIRO-PRIME EPIC automotive electrocoat (e-coat) featuring a patented organic catalyst and AEROCRON 2100 aerospace electrocoat primer.
Asia Pacific is expected to be the fastest-growing region in the global trimethylolpropane triacrylate market over the forecast period, owing to increasing plastic consumption in this region. Increasing income levels leading to increasing consumption of plastic products. According to India Brand Equity Foundation (IBEF), the per capita consumption of plastics in India accounted for around 4 kilograms per year. China and the U.S. recorded an average per capita consumption of 17 kg and 120 kg, respectively.
The growing disposable income and consumer preferences for packaged goods, growing retail industry especially in Asia Pacific and Latin America is projected to significantly boost demand for plastic packaging, in turn, propelling growth of the trimethylolpropane triacrylate market. According to the Coherent market Insights’ analysis, the global plastic packaging market size was valued at US$ 300.86 billion (revenue) in 2016 and is expected to exhibit a CAGR of 5.3% in terms of revenue during 2018 – 2025. Furthermore, according to Indian Brand Equity Foundation (IBEF), the retail industry in India is the fastest growing market in the world owing to growing economy. The retail industry in India is valued at US$ 672 billion in 2016 and is expected to reach US$ 1.3 trillion by 2020 and the online retail revenue is estimated to grow to US$ 70 billion by 2020 from US$ 60 billion in 2017.
Market players
Some of the leading players operating in the global trimethylolpropane triacrylate market are BASF S.E., J&K Scientific Ltd., Miwon Specialty Chemical Co., Ltd., and KPX Green Chemical Co. Ltd.
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Painting Masking Tapes Market – Size, share, Outlook, and Opportunity Analysis, 2018-2026

Masking tapes are used in paint industry to provide perfect and sharp edges. Masking tape is preferred for both indoors and outdoors use, owing to its easy to use property, perfect finish, and easy removal without residue even from delicate surfaces. Multi-surface performance, easy unwind, and good adhesion are some of important factors to be considered while selecting painting masking tapes.
The paint or coating system, the nature of application, service temperature, adhesives used, and type of backing material determine the properties of masking tapes. Paints and coatings sector is one of the most heavily regulated industries in the world. For instance, as per the draft notification issued on April 8, 2016, by Indian Ministry of Environment, Forest and Climate Change on lead control regulations in household and decorative paints, restricted the lead content up to 90 ppm (internationally accepted standards for all kinds of paints).
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Market Dynamics
Major driver for growth of the painting masking tapes is a growing paints and coating industry. According to World Bank, the market for paints in India is expected to grow 1.5 times to 2 times GDP growth rate in the next five years i.e. from 2016 to 2021. According to Berger Paints India Limited, 2018, around 75% of industry turnover is contributed by decorative paints and remaining 25% is of industrial paint. This industrial paint segment is comprises automotive, protective, and powder coatings.
The Asia Pacific is projected to be the fastest growing region in coatings market and it is estimated to account for the largest share of the global demand by 2020. China, India, and South Korea have witnessed significant growth in construction sector, which in turn is propelling demand for masking tapes in the Asia pacific. Increasing growth of the global construction industry is contributing to positive impacts on the growth of painting masking tapes market.
Uses of masking tapes vary from wet painting, spray painting, stenciling, sandblasting to high temperature applications such as printed circuit board manufacture and powder coating. Furthermore, they are handy in decline and restoration projects for building containments, labeling, hanging temporary signs, and bundling.
Market Outlook
Painting masking tapes are important component in the paints and coatings industry. According to American Coatings Association, in 2017, the U.S. market accounted for 20% of US$ 149 billion global paints and coatings shipments value.
The key backing material used for these tapes are foam, paper, plastic, foil and fibers. Although rubber adhesives are widely used, silicone adhesives are preferred when temperature is above 160°C.
Increasing automotive manufacturing and metal production activities are expected to propel demand for painting masking tapes. Car customization is one of the mega trends in automotive industry. Increasing adoption of second cars is propelling demand for masking tapes in customization of a vehicle. Increasing sales of automobiles due to increasing disposable income is expected to drive growth of the market.
Demand for interior and exterior paints and coatings of an aircraft is high, owing to cargo traffic and international trade. Rising aerospace industry is another growth driver for painting masking tapes demand.
Key players in Global Painting Masking Tapes Market
Key players operating in global painting masking tapes include Advance Tapes International Ltd., Shurtape Technologies LLC, Beiersdorf Aktiengesellschaft, Bolex (Shenzhen) Adhesive Products Co. Ltd., Intertape Polymer Group, Inc., Scapa Group PLC, Saint-Gobain Performance Plastics Corporation, Nitto Denko Corporation, Berry Global, and 3M Company.
Key developments in masking tape are further fueling growth of the masking tapes industry. For instance, filmic tapes are preferred when precise masking is critical hence also called as fine-line tapes. Cloth masking tapes are efficient at extreme temperatures and climatic conditions.
3M high performance green masking tape withstands temperature up to 250°F for 30 minutes, offers superior adhesion to glass, metal, plastic and rubber and creates super sharp paint lines. Green color improves the visibility and accuracy during paint masking.
Several manufacturers are focused on development of products, which offer clean finish and robust adhesion properties.
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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Painting Masking Tapes Market – Size, share, Outlook, and Opportunity Analysis, 2018-2026

Masking tapes are used in paint industry to provide perfect and sharp edges. Masking tape is preferred for both indoors and outdoors use, owing to its easy to use property, perfect finish, and easy removal without residue even from delicate surfaces. Multi-surface performance, easy unwind, and good adhesion are some of important factors to be considered while selecting painting masking tapes.
The paint or coating system, the nature of application, service temperature, adhesives used, and type of backing material determine the properties of masking tapes. Paints and coatings sector is one of the most heavily regulated industries in the world. For instance, as per the draft notification issued on April 8, 2016, by Indian Ministry of Environment, Forest and Climate Change on lead control regulations in household and decorative paints, restricted the lead content up to 90 ppm (internationally accepted standards for all kinds of paints).
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Market Dynamics
Major driver for growth of the painting masking tapes is a growing paints and coating industry. According to World Bank, the market for paints in India is expected to grow 1.5 times to 2 times GDP growth rate in the next five years i.e. from 2016 to 2021. According to Berger Paints India Limited, 2018, around 75% of industry turnover is contributed by decorative paints and remaining 25% is of industrial paint. This industrial paint segment is comprises automotive, protective, and powder coatings.
The Asia Pacific is projected to be the fastest growing region in coatings market and it is estimated to account for the largest share of the global demand by 2020. China, India, and South Korea have witnessed significant growth in construction sector, which in turn is propelling demand for masking tapes in the Asia pacific. Increasing growth of the global construction industry is contributing to positive impacts on the growth of painting masking tapes market.
Uses of masking tapes vary from wet painting, spray painting, stenciling, sandblasting to high temperature applications such as printed circuit board manufacture and powder coating. Furthermore, they are handy in decline and restoration projects for building containments, labeling, hanging temporary signs, and bundling.
Market Outlook
Painting masking tapes are important component in the paints and coatings industry. According to American Coatings Association, in 2017, the U.S. market accounted for 20% of US$ 149 billion global paints and coatings shipments value.
The key backing material used for these tapes are foam, paper, plastic, foil and fibers. Although rubber adhesives are widely used, silicone adhesives are preferred when temperature is above 160°C.
Increasing automotive manufacturing and metal production activities are expected to propel demand for painting masking tapes. Car customization is one of the mega trends in automotive industry. Increasing adoption of second cars is propelling demand for masking tapes in customization of a vehicle. Increasing sales of automobiles due to increasing disposable income is expected to drive growth of the market.
Demand for interior and exterior paints and coatings of an aircraft is high, owing to cargo traffic and international trade. Rising aerospace industry is another growth driver for painting masking tapes demand.
Key players in Global Painting Masking Tapes Market
Key players operating in global painting masking tapes include Advance Tapes International Ltd., Shurtape Technologies LLC, Beiersdorf Aktiengesellschaft, Bolex (Shenzhen) Adhesive Products Co. Ltd., Intertape Polymer Group, Inc., Scapa Group PLC, Saint-Gobain Performance Plastics Corporation, Nitto Denko Corporation, Berry Global, and 3M Company.
Key developments in masking tape are further fueling growth of the masking tapes industry. For instance, filmic tapes are preferred when precise masking is critical hence also called as fine-line tapes. Cloth masking tapes are efficient at extreme temperatures and climatic conditions.
3M high performance green masking tape withstands temperature up to 250°F for 30 minutes, offers superior adhesion to glass, metal, plastic and rubber and creates super sharp paint lines. Green color improves the visibility and accuracy during paint masking.
Several manufacturers are focused on development of products, which offer clean finish and robust adhesion properties.
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

Diagnostic Scan Tools Market- Trends and Forecast to 2025

Diagnostic Scan systems are electronic tools programmed to find significant applications as an interface to diagnose problems or malfunctioning of any operations in an automobile. These tools enable in upgrading and reprograming of the vehicles control module. On the basis of technology, these products include, handheld, mobile device/pc/laptop based scan tools, data loggers, emission testing, vehicle telematics, and supplementary vehicle instrumentation.
According to International Organization of Motor Vehicle Manufacturers (OICA) data, the number of vehicles in use have witnessed an increase of over 3.7% CAGR over the term of 2005 to 2015, pegged at over 1.28 billion vehicles in 2015. Moreover, according to the organizations sales data, average sales of the vehicles has witnessed CAGR of over 3.2% over the period of 2006 to 2016, accounting for around 93.9 million vehicle sales in 2016. Growth in the vehicles in use and sales is expected to lead to increasing demand for automotive maintenance and services in the near future. Moreover, in order to reduce time and effort for detection, maintenance, and repair of automobiles is a factor expected to fuel growth of the global diagnostic scan tools market over the forecast period.
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High growth rate of vehicle per thousand inhabitants coupled with limited number of authorized service centers and workshops have in turn led to significant demand for do-it-yourself kits
Do-it-yourself (DIY) kits offer easy operability and have gained significant popularity in the recent past. This has led to significant demand for these kits. These DIY kits have led to significant reduction in demand for diagnostic equipment and are projected to hamper the overall diagnostic scan tools market growth over the forecast period.
Advancements in technology in the development of communication and compactness of diagnostic equipment devices have led to significant growth in adoption of these devices. Handheld equipment and wireless communication-based equipment offer features such as mobility and efficiency in detection of automotive internal conditions and faults. These technologies are increasingly gaining traction. In conjunction with these factors, growing motorization rate per thousand inhabitants every year across the globe, which was 182 vehicles per 1000 inhabitants in 2015, as per OICA, is expected to propel growth of the diagnostic scan tools market over the forecast period.
Based on the product type, diagnostic equipment (hardware) segment was dominant in the global diagnostic scan tools market share in 2016, and is expected to continue its dominance over the forecast period. This aids in fault detection reliance on the analog and digital components to enable functionality of such devices. However, software segment is expected to witness highest growth over the forecast period, as software analyzes the complex codes to perform diagnosis of powertrain, chassis, and the body. Additionally, introduction of compact tools to reduce space footprint and incorporation of wireless communications is expected to significantly contribute to growth of the market.
Europe diagnostic scan tool market was dominant in terms of value share in 2016, owing to high utilization of the hardware systems in the region. Moreover, increasing consumer preference for more precise diagnosis for their vehicles has led to increased proliferation of advanced devices and systems. Some of the key players in the global diagnostic scan tools market are Actia SA, AVL List GmbH, Continental AG, Delphi Automotive PLC, Denso Corporation, Hickok Incorporated, Kpit Technologies, Robert Bosch GmbH, Snap on Incorporated, and Softing AG.
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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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Mining Automation Market-Industry Insights and Opportunity Analysis, 2018-2026

Mining automation refers to highly efficient autonomous equipment installation that enhances productivity and improves safety.
The market for global mining automation is expected to witness significant growth due to increased need for safety, higher productivity, and increased energy efficiency requirement and environmental sustainability. According to a Fatal Accidents in the Mining Industry Report, by Government of Western Australia Department of Mines and Petroleum, there were 52 fatal accidents over the period (2000–2012), in which 17 were underground and 35 were on the surface. Mining was primarily considered as a high risk job due to exposure to harmful vapors, flammable gases, unbalanced materials, susceptibility to fires and roof collapses, leading to serious threat to human lives. Most conventional systems are not adept at detecting the presence of the target material that needs to be mined and also any such hazards that might be lurking beneath the surface, without human intervention. Mining automation technology helps in detection of dangerous areas in underground mining by sending drones or robots, which collects samples and make a model for best outcome before attempting.
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Thus mining automation reduce unnecessary expenditure, avoid waste, incorporate operation and faster production rate. Deployment of automation aids in improving safety in mines as it requires less human intervention. For example, Penguin System is robotic system used for determining exact path to follow within a rock mass in real-time, with the help of synthetic rocks, for ensuring safety of workers and replacing manual labor. Automated underground vehicles based on laser technology, can be utilized to monitor leg pressure and analyze performance. Thus, mining automation enhances individual safety of mine workers.
Additionally, driverless haulage trucks, semi-automatic load haul dump truck (LHD), automatic load haul dump truck (LHD), and environmental monitoring systems, among others, are key equipment used in mining automation. Radio Frequency Identification System (RFID), Real Time Sensing System (RTSS), and wireless mesh networking technology with Real Time Locating System (RTLS) are used for better communication in underground mines.
The key factor that is expected to restrain growth of global mining automation market is reduction of natural resources.
Mining Automation Market: Regional Insights
The global mining automation market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market for mining automation in Asia Pacific accounted for largest share in the global market in 2016. This growth is attributed to increasing exploration activities in Australia and presence of leading mining companies, which includes Rio Tinto, Fortescue Metals Group, and BHP Billiton. According to Mining.com a leading digital publication covering the global mining sector, among minerals gold is the leading sector accounted 45% of the total exploration expenditure in 2016, but from 2017 expenditure in base materials such as copper, nickel, and zinc among others are increasing. In 2017, Australian government announced to invest US$ 79.8 million to small and medium sized mining companies for encouraging exploration.
Moreover, Western Australia have already been started using automated mining equipment. For example, The Morobe Mining Joint Venture (MMJV) set up a new flotation control system that aids in adjustment of mass balances. The Australian Centre for Field Robotics (ACFR) collaborated with Rio Tinto, for the establishment of the Rio Tinto Centre for Mine Automation (RTCMA) in 2007 through to 2019. The purpose of RTCMA is to improve and implement the visualization of an entirely autonomous, remotely operated mine.
According to the Government of Australia’s Department of Industry report in 2014, Australia’s largest goods producing industry is mining, contributing 8.3% towards GDP. Mining equipment and technology & services recorded the strongest average annual growth in business expenditure on R&D of 14.2%, over the period 2006–07 to 2011–12. These are the factors for growth of the regional mining automation market.
Mining Automation Market: Competitive Background
Major players operating in the global mining automation market include Caterpillar, Inc., Komatsu Ltd., Sandvik, Atlas Copco, Hexagon AB, Hitachi, Ltd., RPMGlobal Holdings Limited, Trimble Inc., Autonomous Solutions Inc., Fluidmesh Networks LLC, MST Global, and Symboticware Inc.
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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Coherent Market Insights
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Wednesday 27 June 2018

Crane Market - Outlook, and Opportunity Analysis, 2018-2026

Cranes are machines used for lifting, lowering, and moving of heavy objects or freight from one place to another, mostly for transportation or construction work purposes. Increasing government investment for the development of smart city is one of the major driving factors for rising demand for cranes. For instance, according to the Indian government Union Budget 2018-19, the government has selected 99 cities under the smart city mission and will provide a fund of US$ 3.1billion for the development of these cities. Moreover, increasing production in mining have raised demand for the crane globally. For instance, according to world mining congress, the world mining production was 16.9 billion metric ton in 2016 up from 15.8 billion metric ton in 2010.
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Crane Market: Dynamics
Increasing number of construction activities is one of the major factors fueling growth of the crane market
Increasing number of construction activities has led to rising demand for cranes globally, in turn driving growth of the crane market. According to the Chartered Institute of Building, the construction industry is estimated to account for 14.7% of the global GDP by 2030. Moreover, by 2030, the global construction market is projected to reach US$ 17.5 trillion from US$ 8 trillion in 2015. Demand for construction is increasing due to significant rise in urbanization. According to the United Nations Organization, 54.5% of the world population lives in urban cities in 2016 and is projected to reach around 60% by 2030. This is expected to lead to increasing construction activities to provide better facilities, housing and others. Therefore, this is expected to aid in growth of the market. Cranes are valuable equipment in the construction industry. Cranes are helpful for the construction of high-rise buildings and to reach inaccessible areas. Tower crane is the most common type of crane used in the construction of tall buildings and is fixed to the ground during the construction. Various advantages such as high loading and lifting capacity, and high height capacity have accelerated demand for tower crane in the construction industry.
The mobile crane segment is projected to exhibit the highest CAGR in the forecast period
Mobile crane segment is projected to exhibit the highest CAGR in the forecast period. Rapid growth of the power distribution sector become one of the major driving factor for growth of mobile crane market. This is attributed to use of mobile cranes during maintenance and construction activities in power distribution. Increasing government initiative in emerging economies to provide electricity in villages plays a major role for increasing demand for cranes in power distribution sector for construction purpose. For instance, according to Indian Brand Equity Fund, till March 2018, total 17,164 villages have been electrified out of 18,452 un-electrified villages. This is expected to in turn aid in growth of the market over the forecast period.
Crane Market: Regional Insights
On the basis of region, the global crane market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held the dominant position in the market in 2017 and is projected to retain its dominance over the forecast period. India, China, and Japan are major growth engines in this region. Rising number of construction projects in China is leading to increasing demand for cranes. For instance, the announcement of ‘One Belt, One Road’ project in 2013 is expected to aid in growth of construction market in China. The main aim of the project was to link three regions including Asia, Africa, and Europe.
Furthermore, high investments in infrastructure by the Indian government have accelerated growth of crane market in India. For instance, according to the India Brand Equity Foundation (IBEF), in the Union Budget 2018 – 2019, the government allocated US$ 92.22 billion for infrastructure. Moreover, increasing urban population and growing housing projects is expected to drive growth of the market over the forecast period. For instance, according to the Chartered Institute of Building 2015 report, India needs to build 31,000 new houses per day over the next 15 years to meet the needs of rapidly growing urban population.
Crane Market: Competitive Landscape
Key players operating in the global crane market include Liebherr Group, Manitowoc, Tadano, Terex, Xuzhou Construction Machinery Group (XCMG), Zoomlion, Sany, KobelcoCrane, HitachiSumitomo, Furukaw, and Konecrane.
Crane Market: Taxonomy
By Crane Type:
    • Fixed Cranes
    • Marine and Port Cranes
    • Mobile Cranes
By Application:
    • Mining
    • Construction & Infrastructure
    • Oil and Gas Industry
    • Others
By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
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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Coherent Market Insights
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#3200
Seattle, WA 98154
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Organic Apple Sauce Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Organic apple sauce is a popular condiment made from organic apples. Besides its delicious taste, it promotes good digestion. Apple sauce is abundant with nutrients, antioxidants, and dietary fibers. The skin and pulp of apples contains flavonoids, which offers numerous health benefits such as regulation of blood pressure, reduction in inflammation, excessive fat production, and cholesterol levels, and lower risk of heart disease. According to the statistics published by The World Counts, by May 2018, global sales of organic food products reached over US$ 55 billion with largest share from the U.S., Germany, and France.
Owing to restricted use of fertilizers and pesticides, organic food is gaining significant popularity across the globe. According to online sources, in May 2017, Motts General Mills was sued by the Beyond Pesticides due to chemicals found in its natural apple sauce product. The demand for organic apple sauce is thus increasing, as these apples are grown organically with environmentally sustainable methods.
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Market Dynamics
Major driver for growth of the organic apple sauce market is the growing health consciousness of the populous and growing inclination towards environmentally sustainable products. U.S. Apple Association states that daily consumption of organic apples helps prevent diseases such as heart stroke and Alzheimer’s disease.
In April, 2008, News Medical Life sciences source stated that apples lower the risk of the metabolic syndrome. Eating an apple or applesauce daily has also been linked to decreased risks of asthma and related diseases and enhanced lung function.
Unsweetened apple sauce helps in weight loss process, as it decreases the risk of developing abdominal fat, and hence is expected to gain significant popularity in the near future. Various combinations are available for flavored apple sauce, such as cinnamon, raspberry, cranberry, strawberry, maple, and peach.
Packaging plays a critical role in keeping the sauce safe and tasty. Apple sauce is available in a variety of packages such as glass bottles, plastic bottles, pouches, cartons, and cans. The wide availability of choices attracts customers, thus fueling growth of the organic apple sauce market.
Market Outlook
Study published by MDPI in the Horticulture journal in December 2015, stated that in 2014, market value of organic foods in the U.S. was US$ 42 billion, with 43% share from fruits and vegetables. Report published by Business France stated that in 2015, organic food industry in France was worth US$ 6.80 billion and in 2016, French exports of organic products valued around US$ 514 million.
According to the U.S Department of Agriculture, 4% of the total food sales in the U.S. in 2016 was organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.
Growing health awareness against chemical pesticides and higher disposable income among the populace in emerging economies have resulted in an increased demand for organic food. According to Organic and Conventional Products paper in the U.S., by MDPI, 84% of consumers buy organic food in the U.S. Due to high pectin content, apple sauce is associated with health benefits such as treatment of diarrhea, which in turn, is fueling growth of the organic apple sauce market.
According to Organic Trade Association (OTA) in April 2017, maximum organic food sale takes place through conventional and natural food supermarket, while the remaining sale takes place through food service, farmer’s market, and distribution channels other than retail stores.
Key players in Global Apple sauce Market
Key players operating in the organic apple sauce market include Thrive Market, Santa Cruz Natural Incorporated, Vermont Village Artisan Cannery, White House Foods, Materne North America Corp (GoGO sqeezy), Motts General Mills, Musselman’s, Andros Group (Old Virginia), Earth’s Best Inc., Eden Foods Inc., and Great Value Food
Apple sauce manufacturers are producing apple sauce with fusion of various other fruits to offer different and enhanced tastes, flavors, and health benefits from other fruits. For instance, vitamins and fibers are obtained from strawberries, antioxidants from raspberries, and zinc and manganese obtained from maple. Addition of flavored apple sauce to sweetened and unsweetened apples is increasingly attracting customers due to a wide range of options available in the apple sauce market.
Market Taxonomy
On the basis of composition, global apple sauce market is segmented into
    • Sweetened
    • Unsweetened
    • Flavored
On the basis of distribution channel, global apple sauce market is segmented into:
    • Hypermarket
    • Supermarket
    • Specialty stores
    • Online
    • Others
On the basis of packaging, global apple sauce market is segmented into:
    • Glass bottles
    • Plastic bottles
    • Pouches
    • Cartons
    • Cans
On the basis of region global apple sauce market is segmented into:
    • North America
    • South America
    • Europe
    • Asia Pacific
    • Middle East & Africa
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:
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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Engine Actuators Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

An actuator is a component of a machine that is used for controlling or moving a system or mechanism. An actuator requires a source of energy and a control signal, which is comparatively a low energy such as electric current or voltage, hydraulic or pneumatic pressure or sometimes human power. The main source of energy might be electric current, pneumatic pressure or hydraulic fluid pressure. The actuator converts the energy into mechanical motion when it receives the control signal.
Increasing demand for fuel-efficient vehicles is one of the major factors driving growth of the market
Increasing demand for fuel-efficient vehicles is one of the major factors driving growth of the market. This is attributed to factors such as increasing dearth of conventional fuels, regulations concerning exhaust gas emissions, increasing need for safety features, and growing trend of electric vehicles. For instance, the European Union has set its own emissions standards such as EU Regulation No 443/2009 that has set an average CO2 emissions target of 130 grams/kilometer for new passenger cars. These factors led to the replacement of mechanical linkages with electrical or electronic components and demand for actuators for use in engines to enhance engine performance and fuel efficiency increased, thereby fueling growth of the engine actuators market.
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Moreover, stringent government regulations for fuel-efficient vehicles is another factor driving growth of the global engine actuators market. In 1975, the U.S. government had passed Corporate Average Fuel Economy (CAFE) standards, which had separate standards for ‘passenger cars’ and ‘light trucks’ although majority of the ‘light trucks’ were being used as passenger vehicles. For instance, the fuel economy target for the 2012 Honda Fit with a footprint of 40 sq. ft. (3.7 m2) was 36 miles per US gallon (6.5 l/100 km), equivalent to a published fuel economy of 27 miles per US gallon (8.7 l/100 km) and a Ford F-150 with its footprint of 65–75 sq. ft. (6.0–7.0 m2) had a fuel economy target of 22 miles per US gallon (11 l/100 km).
Global Engine Actuators Market: Segment Trends
On the basis of vehicle types, passenger vehicles segment is the fastest growing segment, owing to increasing sales of these vehicles worldwide. According to International Organization of Motor Vehicle Manufacturers, in 2016, around 70 million units of passenger cars were sold worldwide. The number of passenger cars per thousand inhabitants over the past few years have reached up to 182 per thousand inhabitants in 2015 from 178 in 2014, which is a major factor fuelling growth of passenger cars segment. Therefore, increasing sales of passenger vehicles will increase the demand for engine actuators in the vehicles, thereby driving growth of the market.
Global Engine Actuators Market: Restraint
Rising popularity of electric vehicles and growing sales of vehicles utilized for sports are major factors restraining growth of the global engine actuators market. For instance, according to the International Energy Agency (IEA), over 750 thousand units of electric vehicles were sold in 2016, globally. Hence, increasing production of electric vehicles will decrease the demand for engine actuators in vehicles, as electric cars and other luxurious vehicles have high performance engines, which do not require engine actuator for engine operation.
Global Engine Actuators Market: Regional Insights
Asia Pacific is expected to witness significant growth in the market over the forecast period. The emerging economies such as India and China are the growth engines of the market in this region. Increasing sales of both passenger and commercial vehicles is one of the major factors driving growth of the global engine actuators market in these economies. For instance, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA), the total number of passenger cars sold in India was 2.9 million units in 2016 and it increased up to 3.2 million units in 2017. The total number of commercial vehicles sold in India was 702,640 units in 2016 and it increased up to 789,838 units in 2017. Moreover, establishment of production facilities in these regions by the major automobile industry participants including General Motors, Daimler, and Volkswagen are expected to fuel engine actuators market growth. For instance, in March 2017, Volkswagen, German automaker started the production facilities of SUV Tiguan in India at the Aurangabad plant. Original Equipment Manufacturers (OEMs) are increasing production capacity in the emerging economies such as India and China to meet growing demand for vehicles in the region, which will fuel growth of the market in this region.
Global Engine Actuators Market: Competitive Landscape
Major players operating in the global engine actuators market include Hitachi Automotive System, Aptiv PLC, Continental Automotive GmbH, Eaton Corporation, Aisin Seiki Co., Ltd. Arkwin Industries Inc., Johnson Electric Holdings Limited, Moving Magnet Technologies S.A., Delphi Automotive LLP., and Woodward, Inc.
Global Engine Actuators Market: Taxonomy
On the basis of product type, the global engine actuators market is segmented into:
    • Digital Linear Actuators
    • Variable Valve Timing
    • Air Control Valves
    • Exhaust Gas Recirculation Valves
    • Electronic Throttle Valves
    • Idle Speed Controllers
On the basis of vehicle type, the global engine actuators market is segmented into:
    • Commercial Vehicles
    • Passenger Vehicles
On the basis of region, the global engine actuators market is segmented into:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
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