Wednesday 24 July 2019

High Performance Plastics Market Adopts Innovation to Stay Competitive Forecast 2026

Over the last couple of decades, plastics have emerged as an inseparable part of humankind, finding application in every fathomable part of daily life. Increased living standards, growing environmental awareness, and sustainable development thinking are driving demand for new and innovative material plastics. High performance plastics are used mainly in high temperature and high pressure applications. These plastics show excellent performance and effectiveness even when exposed to highly reactive chemicals. Due to their high chemicals resistance, low coefficient of friction, superior performance at high temperature, high strength, and high quality electrical resistance, these plastics are highly sought as compared to standard or engineering plastics. These plastics are more expensive and are usually used in very small quantities.
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Fluoropolymers, high performance polyamides, sulfone polymers, liquid crystal polymers, polyketones, and polyimides are among the most commonly used high performance plastics. These materials are used in various end-use industries such as transportation, medical, and electrical & electronics.
The transportation segment, which includes automotive, and aviation is the largest end-use segment in global high performance plastics market. This growth is due to high demand for these plastics in manufacturing exterior and interior components used in the aerospace and automotive industries. Superior mechanical properties, high heat stability, and superior chemical resistance of high performance plastics are key factors for extensive use of these plastics over other standard plastics in such key applications. Polyketones is the fastest-growing product type segment in the global high performance plastics. This is due to their unique properties that make them suitable for manufacturing components for various applications such as induction systems, fuel systems, coolant systems, powertrain,  engine components, brake systems, shaft seals, pumps & valves, shaft seals, surgical equipment, sockets, biotechnology, and transmission components.
High Performance Plastics Market Outlook – Asia-Pacific is the largest, and fastest-growing region, globally
Asia-Pacific is the largest, and fastest-growing region in the global high performance plastics. This is due to the growth in electrical & electronics industries in countries such as China, Taiwan, and South Korea, as they are among the largest manufacturers of electrical & electronics components. The key factors such as growing manufacturing plants of key major players in the region, high economic growth, cheap labor, and increasing FDI in emerging economies such as India and China are fueling growth of high performance plastics market in the region. The growing end-use applications of high performance plastics in automotive, aviation, medical, and industrial are also the key drivers for the growth of high performance plastics in the Asia-Pacific region.
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High manufacturing cost leads to the high price of these plastics, which in turn inhibits market growth. Some of the major companies operating in the global high performance plastics materials market are BASF SE, Daikin Industries, Ltd., Celanese Corporation, Solvay S.A., Arkema SA, Evonik Industries AG, Kuraray Co., Ltd., E. I. duPont de Nemours and Company, SABIC, and Victrex Plc.
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Tuesday 23 July 2019

Botanical Extracts Market Trends And Revenue 2018 - 2026

Any drug or pesticide that is made or extracted from parts of plants is referred to as botanical extracts. Demand for botanical extracts is registering steady growth, particularly in pharmaceutical and cosmetic sectors. Increasing awareness regarding the side effects of allopathic medicines together with the growing awareness about therapeutic effects and medicinal benefits of herbal products is driving the growth of global botanical extracts market. The long shelf life of botanical extracts along with its sudden reaction has led to an increase in demand for botanical extracts in the pharmaceutical industry. Functional food segment and self-medication are expected to drive the global botanical extracts market during the forecast period. Use of botanical extracts for weight management, anti-aging, joint & bone health, and digestion, among others, is identified to be a prominent trend in the global market.
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Spices are the largest source of botanical extracts and the segment accounts for the largest share in the global botanical extracts market. It finds significant application in the food and beverage industry. The powder segment is expected to account for a significant market share during the forecast period. Rising trend of exploring new cuisines and growing demand for healthy food will propel the demand for botanical extracts in the food industry.
Botanical Extracts Market Outlook
North America is expected to be the most lucrative market for botanical extracts followed by Europe. Many companies are inclining toward natural herb and botanical extracts products as they are witnessing high demand from every segment of food and beverage industry. According to Canadian Foods and Drugs Act, functional food products in North America are categorized under Generally Recognized as Safe (GRAS). Addition of natural, healthy, and aromatic ingredients to tea is a key trend in the market, which, in turn, demands more botanical extracts in this sector. Substantial demand for organic and fair trade ingredients are bolstering the growth of global botanical extracts market. Also, high investments made in the food and beverage industry to develop new aromas and flavors using spice and plant extracts is expected to fuel the market growth. Botanical extracts market in Europe is driven by shifting consumer preference toward natural products and healthy lifestyle. In street and convenience foods, chilly and pepper are most commonly used, which boost the use of botanical extracts in the food industry. Asia Pacific, being one of the major suppliers of botanical extracts, is an emerging market for the same. The raw materials for botanical extracts are obtained from both cultivated and wild harvested plants. This, in turn, has led to an increase in competition among botanical extracts manufacturers all over the world.
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Manufacturers of botanical extracts are introducing technologies related to extraction methods to expand their portfolio. In April 2017, BOTANIEX, one of the key companies in botanical extracts market introduced a patented cost-effective technology for extracting L-Theanine from green tea, which provides the beverage and supplement industry with an affordable natural ingredient.
Some of the key players in the global botanical extracts market are Frutarom, Ransom Natural Ltd, PT. INDESSO AROMA, Blue Sky Botanics Ltd., Haldin, Dohler, Nutra Green Biotechnology Co. Ltd., Jairamdass Khushiram Impex Pvt. Ltd., Organic Herb Inc., Fytosan, FutureCeuticals, Nexira, Green Source Organics, Acumen Lifesciences, Arjuna Natural Extracts Ltd., Prinova Group LLC, Synergy Flavors, Kalsec Inc., and Synthite Industries Ltd.
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Friday 19 July 2019

Inflatable Tent Market Trends, Outlook, and Opportunity Analysis 2018 to 2026: By Product, Application, Manufacturer, Sales and Segmentation

The recent past has witnessed the increasing consumer preference and purchase of inflatable tents more for personal use which ultimately is adventurous activities like mountain biking, fishing, skateboarding and backpacking. An inflatable tent is a tent that needs to be pumped up to the pitch without poles, unlike the conventional pole tents.
Major advantages associated with the usage of an inflatable tent is its technology that makes the setting up of the tent much easier with minimal help. Also, the punctures in the inflatable tent can be easily repaired although the tent is robust and durable. These benefits have led to an increased adoption of inflatable tents in the recent past.
Moreover, with rising awareness regarding lifestyle diseases such as diabetes, high blood pressure, and cardiovascular diseases, due to physical inactivity, wrong body posture. Hence, people have started to participate in outdoor activities like camping, hiking and others to improve their health and lifestyle. These outdoor activities have provided an impetus to the inflatable tents market since consumers are making a purchase for it in order to be able to utilize it while the activity lasts. According to the Society for Environmental Communications, over 61% of all deaths in India in 2017 were due to lifestyle or non-communicable diseases (NCDs).
Market Dynamics
Major factors driving growth of the global inflatable tent market is rising popularity of outdoor recreational activities such as hiking, camping, bicycling, fishing, motorcycling, snow sports, and others across different economies. According to Outdoor Industry Association, 144.4 million Americans, or 48.8% of the US population, participated in an outdoor activity at least once in 2016.
Also, inflatable tents are handy, hassle free to set up, and convenient to carry till the destination, owing to which it is preferred and purchased more over other forms of tent.
Increasing adventure tourism has fueled growth of the global inflatable tents market. According to the Government of India, adventure tourism is gaining popularity and is a vibrant, dynamic, and fast changing sector and tourism alone accounted for around 9% of the global GDP in 2016.
However, high cost of inflatable tents, due to the technology used in manufacturing of these tents is a major factor that is expected to hinder growth of global inflatable tent market.
Market Outlook
North America is the largest market for inflatable tents, owing to abundant camping sites in the region and increasing number of people participating in camping activities. According to the Outdoor Industry Association, the citizens in the region prefer outdoor activities to experience solitude, talk to new and varied people, experience excitement and adventure, get away from usual demands and various other reasons.
Popularity of camping is increasing, with more people in the U.S. taking up camping as a hobby. According to The National RV Dealers Association, 13 million households in the U.S. had planned to camp in 2017. According to the Outdoor Industry Association, in 2017, the most popular camping shelter used was the camping tent with 69% citizens opting for it over other shelters such as cabins, bivy, and yurt. Furthermore, the people who are new to camping, were slightly higher in number when compared to the existing campers and preferred to purchase tents. According to the Outdoor Industry Association, Millennials accounted for around 38% of the total active campers in the U.S in 2017 and this factor is expected to drive growth of the inflatable tents market in the region.
Europe is the fastest growing market for inflatable tents, owing to its camping and hiking culture. For instance, France has high number of trekking, camping, and hiking destinations, where people from France as well as other tourists actively participate in adventure activities and buy the requisite equipment required for these activities. According to Go Camp France, France is leading in the European camping market and is second in the world. In 2015, campers spent approximately 113 million nights on campsites, which was a 3.5% increase from the previous year. This indicates that there is a huge demand for camping activities, which further increases demand for tents.
Key Players
Key players in the global inflatable tent market are focusing on adopting various strategies such as product innovation, merger, acquisition, and agreements, in order to increase their share in the market. For instance, in 2015, Heimplanet Entwicklungs GmbH launched their Cairo Camo pattern for the range of tents to lower the chances of the user being spotted at wild camping. Its geometry and special combination of colors creates a unique three-dimensional effect that enables Cairo Camo to completely blend in with its surroundings, thereby breaking the visual outline of the object itself.
Key players operating in the global inflatable tent market include The Coleman Company, Inc., Kampa AG, Zempire Camping Equipment, Oase Outdoors ApS, Berghaus Limited, Heimplanet Entwicklungs GmbH, and Beijing Zhonghai Minsheng Co. Ltd. among others.
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Thursday 18 July 2019

Meat Snacks Market Growth by Opportunities, Application, Driver, Current Trends and Forecast by 2026

Meat snacks are snacks made by marinating meat in a curing solution and drying it. Meat processed in this manner provides it with a unique flavor and increases the shelf life of meat snacks. The strong flavor of meat snacks is attributed to the concentrating effects of the moisture removal process. The manufacturing process of meat snacks involves initial meat preparation, preparation of the curing solution, meat processing and curing, and quality check and packaging. The curing solution has antimicrobial effects that prevent growth of harmful bacteria.
Varied flavors added to meat products is a major factor driving growth of the meat snacks market globally. Growing inclination towards spicy, salty, and specific-flavored snacks is increasing growth of the meat snacks market. Manufactures are increasingly focusing on producing Jalapeno, teriyaki, and habanero with flavored meat snacks such as cranberry and pineapple. Increasing introduction of new flavors such as these, in turn, is driving growth of the meat snacks market. Manufacturers are continuously innovating these products in terms of making them easily available to consumers. For instance, development of small and innovative on-the-go packages, makes meat snacks convenient and easy to eat. These environmental friendly and easy-to-carry packaging are increasingly gaining popularity in the meat snacks market. However, fluctuations in costs associated to raw materials and high costs of final products are major restraints to growth of this market.
The market in North America holds a dominant position, due to the U.S. being a leader in production of beef and poultry. According to U.S. Department of Agriculture (USDA), the U.S. produces around 20% of meat snacks, out of world’s total production of beef. Beef Jerkies are largely produced in the U.S, Canada, and Mexico. Import of meat snacks from Canada increased from US$ 384 million in 2010 to US$ 674 million to 2014. Meat sticks is the fastest-growing product in meat snacks market in Canada. Conventional stores is the largest distribution channel in the meat snacks market in this region. Advancements in the meat processing technology and is fueling growth of the meat snacks market in this region.  
Europe accounts for the fastest-growing region in the meat snacks market. Germany, U.K, and France are the leading economies in this region. In 2016, Germany accounted for over 16% of the market share, due to high presence of major manufacturers in the region. Supermarkets and hypermarkets are the main distribution channels in the meat snacks market in the region, which accounted for around 40% of the market share in 2016. Increasing health awareness among consumers regarding protein food and strong distribution channel is expected to boost growth of the meat snacks market in the region, over the forecast period.
Asia Pacific is the fastest-growing region in the meat snacks market. China and India are the major growth engines in the region, owing to the growing population and increasing demand for meat products in the region. According to The Organization for Economic Co-operation and Development (OECD), China is the major producer of pork meat with around 31.3 kg/capita pork meat produced in 2016, followed by poultry and beef. India is a growing economy in the processed meat products for poultry meat. According to National Bureau of Statics of China, specialty and convenience stores are the major retail distribution channels in China, which accounts for major factors boosting growth of the meat snacks market in the region.
Key Player in Meat Snacks Market
Major players operating in the meat snacks market include Jack Link's, King Elite Snacks, Marfood USA, Hormel Foods, ConAgra Foods, Meatsnacks Group, Winterbotham Darby, Nutreco N.V., CampoFrio Foods Group, Oberto Sausage, Duke's Smoked Meats, and Wild Ride Beef Jerky.
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Wednesday 17 July 2019

Drilling Chemicals Market Industry Top Manufactures, Market Size, Industry Growth Analysis and Forecast: 2026

Drilling chemicals are majorly used in processes such as oil & gas exploration, metal & mineral extraction, coal seam gas drilling, and for bore well drilling. Drilling chemicals are useful in terms of cooling and lubrication of the drilling equipment, maintaining the pressure, removing cuttings from bore wells, and providing support and stabilizing the bore well area. Drilling chemicals are widely used to aid drilling boreholes into the earth’s crust. The rising number of deep water discoveries, especially in the Pacific regions as well as the Persian Gulf is expected to surge growth of the market.
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Increasing usage of drilling chemicals is majorly attributed to major investments in energy & mineral exploration. Increasing demand for base metals, precious metals, oil, and natural gas is in turn resulting into rapid growth of the global drilling chemicals market in the recent past. This is primarily the resultant of rising rate of urbanization and industrialization in emerging economies. Growing concerns for spill containment, holding solid wastes and bore holes is also expected to augment growth of the market over the forecast period (2016–2024). Also, factors such as increasing offshore drilling activities across various regions, shale boom in few regions, and increasing exploration activities to discover untapped oil & gas reserves are also expected to be potential drivers of the market.
However, the global drilling chemicals market is affected by few restraints. One of the major restraints is the impact of drilling chemicals on the environment. The U.S. Environmental Protection Agency (EPA) puts a limit on the use of oil-based chemicals in offshore drilling processes, owing to its high level of aromatic substitutes in them which can be a major threat to marine organisms. Drilling chemicals can cause various environmental hazards during its usage and disposal which can have a direct detrimental impact on the flora and fauna and humans.
Onshore drilling is considered as the largest application which has a direct impact on the growth of the drilling chemicals market. Severe environmental conditions such as desert topography, extreme high and low temperatures, and dry environment necessitate deployment of various types of drilling chemicals either as a cooling agent or as a lubricant for the oil field drilling processes. Offshore drilling process is expected to be the fastest growing application market for drilling chemicals in the near future. Increasing expenditure in existing offshore wells in deep waters especially in the Gulf of Mexico, Persian Gulf , North Sea, and the South China Sea is expected escalate growth of the market globally.
Drilling Chemicals Market Outlook- Asia Pacific is expected to be the Most Lucrative Region for the Key Players
Regional segmentation for the global drilling chemicals market includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a dominant position in the global drilling chemicals industry, owing to increasing oil and natural gas production in the region along with potential developments in oilfield in countries such as U.S. and Canada. Asia Pacific is expected to be the fastest growing market, owing to the increasing demand for drilling chemicals in countries such as China and India. According to data released by the Department of Industrial Policy and Promotion (DIPP), the petroleum and natural gas sector in India attracted FDI valued at US$ 6.8 billion between April 2000 and December 2016. Demand for drilling chemicals in certain countries such as UK and Netherland are significantly high owing to new oilfield exploration activities.
Major companies operating in the global drilling chemicals market include Anchor Drilling Fluids Inc., Tetra Technologies Inc., Canadian Energy Services Inc., Global Fluids & Chemical Co., Baker Hughes, Newpark Drilling Fluids LLC., M-I SWACO, and Halliburton.
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Tuesday 16 July 2019

Polyether Polyols Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Polyether polyols are a type of polyols containing an ether chain with two or more hydroxyl groups attached to terminal groups. Polyether polyols with higher molecular weight can range from 2,000 to 10,000 and are used for the production of more rigid products. They are manufactured through catalytic addition reaction between epoxides or cyclic ethers. Generally, ethene oxides, butane oxides, and propene oxides are used for the manufacturing of polyether polyols. Moreover, initiators such as sucrose, water, amines, and glycols are used in the manufacturing of polyether polyols. Furthermore, the physical properties of polyether polyols decide the length of the polymer chain. Polyether polyols are used for manufacturing of polyurethane foams. It finds applications in furniture, bedding, car interiors, seats, and carpet inlays.
Market Outlook
Global polyether polyols market size was valued at US$ 2.2 billion in 2018, and is expected to register a CAGR of 6.01% during the forecast period (2019-2027). Increasing demand for polyurethane is expected to support market growth in the near future. Extensive use of polyurethane in various industries such as furniture, packaging, footwear, electronics, building and construction, and transportation is expected to boost the demand for polyether polyols and subsequently drive growth of the market. Moreover, polyurethane foams are used in refrigeration, which is expected to boost the market. Furthermore, growing applications of polyether polyols in the manufacturing of adhesives, lubricants, elastomers, sealants, surface active agents, etc. are expected to accelerate the market growth during the forecast period. Polyether polyols are also used in production of coatings, inks, castings, and deformers, which is expected to boost the market in the near future. Bio-based polyether polyols that are manufactured from natural oil are expected to have ample growth opportunities, owing to availability of huge feedstock.
However, due to health hazards related to polyols are restraining its demand and hence hinder growth of global polyether polyols during the forecast period.
Marker Regional Analysis
Global polyether polyols market is expected to witness significant demand in Asia Pacific region, owing to increasing demand for polyurethane from various industries. Polyurethane has significant demand in emerging economies such as India and China from industries including automotive, furniture, bedding, etc. This is expected to increase the demand for polyether polyols and subsequently drive market growth. Furthermore, Europe is expected to hold significant market share, owing to increasing demand for polyurethane foams in the region. North America too is expected to have significant growth in the global market.
Market Players
Key players operating in the global polyether polyols market include Huntsman International LLC, Bayer AG, Royal Dutch Shell, The Dow Chemical Company, and BASF SE.

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Friday 12 July 2019

Paper Packaging Market Industry Analysis by Production Overview and Insights 2018 - 2026

Paper packaging is a versatile way of packaging that makes use of paper for sustainable transportation and protection of goods. Paper is 100% recyclable, compostable, and biodegradable, as it is manufactured from the natural fibers of bleached and unbleached cellulose, or from recycled paper. Paper and board packaging is a more eco-friendly alternative to plastic-based packaging. Paper packaging material is light in weight, strong, and easily customizable for aesthetics, which poses as an additional advantage, inclined to customer preference.
Environment friendly nature of paper, low cost compared to alternatives and scrutiny from governments, public, NGOs, and media regarding waste generation are the major drivers fueling market growth. Companies taking an environmental stand have observed a better public profile than their counterparts, which helps in the direct translation of company health.
Market Outlook
Asia Pacific is the fastest growing market with increase in demand for food, beverages, pharmaceuticals and personal healthcare products. Increased consumer awareness in these markets has resulted in shift to paper packaging. The demand for paper pulp is also increasing in these markets. Japan is the largest market in Asia of packaging but has seen slow growth due to increase in consumption tax.
North America is a market leader in paper packaging and recycles up to 70% of its used paper according to the US Forest and Paper Association. Almost 35% of the feed for new paper was from recycled paper. In Europe, the European Paper Recycling Council aims to achieve 74% recycling in the European Union with Scandinavian Countries particularly adept.
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Latin America has seen investment in hardwood pulp which is used as a feedstock for paper. Brazil is a major market but environmental and labor regulations may restrict growth as the market matures. Moreover, the logging industry is the largest industrial employer in Latin America with Amazon forests as the source.
Middle East has one of the largest per capita income in the world, hence the population has large disposable incomes which has resulted in this region having high consumption rates which drives the packaging industry. Whereas, Africa is expected to be a growth market in the coming years.
Low cost and innovative solutions on a local and regional level has challenged established market leaders, creating a buyer’s market with low prices on offer. The key players in the market are Clearwater Paper Corporation, Amcor Ltd., ITC Ltd., Metsa Group, Cascades Inc., Rock-Tenn Company, Mondi Group, Packaging Corporation of America and DS Smith Plc.
Corrugated containers are primarily used as tertiary packing i.e. removed by retailers before sale. Corrugated containers are used to carry heavier goods such as electronics or multiple packages in the same container, due to strength from layered paper fiber structure. Cartons are lightweight material used for packaging of single items. Paper bags are made from single layer of paper and are used for light duty applications such as grocery packaging.
Solid bleached surface is bleached chemical board and has a mineral or synthetic coating on top for printing purposes. It is used in high-end packaging, pharmaceutical and food packaging, where aroma and flavor retention are essential. Coated recycled paperboard is produced from 100% recycled material and is coated with a kaolin layer for product description printing. Common applications are cereal boxes, soaps and detergents, paper goods packaging. Uncoated recycled paperboard is also produced from 100% recycled material and is used for shoeboxes, composite cans and fiber drums.
Largest end user industry is food industry. Moreover, with populations in developing countries getting richer, the demand for packaged goods rises which drives the packaging industry.
Paper Packaging Market Taxonomy
On basis of Product Type: Corrugated Containers, Paperboard Cartons, Paper bags and SacksFlexible, Others
On basis of Grade:Solid Bleached Surface, Coated Recycled Board, Uncoated Recycled Board
On basis of End User: FoodBeverages, Cosmetics & Personal Care, Medical, Others
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Thursday 11 July 2019

Cool Roofs Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2026

Cool roofing is one of the most significant green technologies today. Cool roofs are designed to absorb less heat and reflect more sunlight than standard roofs. The cool roofing systems are used to overcome heat issues. Cool roof systems can be employed to replace existing roof materials or to lower temperature using reflective materials.
Market Dynamics:-
Cool roofs find applications in the construction industry owing to a rise in demand for eco-friendly, and energy-efficient roofing systems, as well as government subsidies and tax benefits. Significant increase in usage of eco-friendly cool roofs and growth in construction industry is expected to boost demand for cool roofing systems across the globe during the forecast period. Also, growth in commercial and residential industries in emerging economies is expected to boost the cool roofs market during the forecast period.
For instance, in 2015, Global Construction Perspectives (GCP - provides detailed forecasts of construction providing accurate and valuable analysis and evidence on the future) and Oxford Economics (a leader in global forecasting and quantitative analysis) stated that the global construction market is set to grow by US$ 8 trillion, at an average annual rate of 3.9% by 2030.
Less awareness about benefits of cool roofs is expected to affect the market growth. However, government led initiatives and projects to promote usage of cool roofs are expected boost the global cool roofs market growth.
Market Outlook:-
Asia Pacific holds dominant position in the market for cool roofs and also is the fastest growing market. This is owing to rapid urbanization, surge in disposable income of middle-class people, and growing population in the region. Growing real estate sector in Asia Pacific is also expected to boost the market growth during the forecast period. In 2018, the government of India launched ‘Housing for all by 2022’ program. According to India Brand Equity Foundation, in 2017 the India real estate sector was at US$ 120 billion and is expected to reach market size of US$ 1 trillion by 2030. As a result, significant growth in the construction industry is expected to boost the cool roofs market in the Asia Pacific region during the forecast period.
Key Players:-
Major players operating in the global cool roofs market include, Owens Corning, GAF Materials Corporation, Tamko Building Products, Inc., Certain Teed Corporation, IKO Industries Ltd., Henry Company, PABCO Building Products, LLC., ATAS International Inc., Malarkey Roofing, Polyglass S.p.A, and others.
Market Taxonomy:-
On the basis of roof slope, the global cool roofs market is segmented into:
    • Steep Slope Roof
    • Low Slope Roof
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Wednesday 10 July 2019

Paper and Packaging Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Paper is a thin material produced by pressing cellulose pulp together, which might be derived from rags, wood, or grasses. After pressing they are dried into flexible sheets, which then is used for writing, packaging, cleaning, and printing. Paper is majorly used for writing to note down thoughts, historical events, etc. Packaging is a process, in which different types of products are protected for sale, storage, transportation, distribution, etc. The packaging industry includes various applications including transportation, logistics, end-use, warehousing, etc. Materials such as paper, aluminum, plastics are used for packaging. However, in the recent past, the paper has replaced plastic in packaging industry gradually, owing to increasing environmental concerns. Moreover, there are a variety of options available in paper packagings such as green packaging, high-performance films, and more.
Market Outlook
Global paper and packaging market size was valued at US$ 175.05 billion in 2017, and is expected to exhibit a CAGR of 4.84% during the forecast period (2019-2027). Increasing demand for paper packaging among consumers is expected to boost the market growth in the near future. Furthermore, growing awareness regarding sustainable packaging is expected to boost the demand for paper packing and subsequently support growth of the market during the forecast period. High-performance, eco-friendly paper packaging introduced by MWV Rigesa in 2014, offers damage-resistance packaging, which has reduced greenhouse gas emissions by 10%. Paper packaging offers sustainable, lightweight packaging, which can easily be crafter, molded and cut. Mover, the food and beverage industry is opting for paper and paperboard packaging, owing to a huge range of applications. This is expected to increase the demand for paper packaging and thereby, boost the market growth during the forecast period. Moreover, flexible packaging has found applications in various industries, as it possesses the best qualities of aluminum foil, paper, and plastic.
However, the inability of paper packaging to store heavy materials is expected to hinder the demand for paper packaging and subsequently restrain the global paper and packaging market growth.
Market Regional Analysis
Asia Pacific is expected to hold significant market share in the global paper and packaging market during the forecast period. This is owing to increasing demand for packaged food and personal care products from emerging economies such as India and China. Moreover, North America and Europe are expected to hold significant market share, owing to recycling capabilities in developed economies such as the U.S., U.K.
Market Players
Major players operating in the global paper and packaging market include Mondi Group, International Paper, Packaging Corp. of America, Sappi Limited, ITC Limited, Smurfit Kappa Group Plc, and Amcor Limited.
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Tuesday 9 July 2019

Polyolefin Resins Market - Size and Industry Research Report 2027

Polyolefin resin comprises one or more olefinic groups. These are polymers with high molecular weight hydrocarbons. It can withstand exposure to almost all chemicals at room temperature. These resins adapt to different fabrication techniques and are less expensive. Polyolefin resins find applications in automobile, film & sheet, fibers & tapes in packaging, medical, construction, and coating.
Market Dynamics
Increasing awareness about environmental unviability of polyvinyl chloride (PVC) is expected to drive growth of the global polyolefin resin market, as this will increase demand for polyolefins such as polyethylene and polypropylene. The rubber like properties of polyolefins have resulted in replacement of PVC with polyolefins. Also, these are suitable for high performance industrial applications.
Moreover, low cost of polyolefin resins and ability to be fabricated using modern technologies such as extrusion, blow molding, and injecting molding are expected to drive growth of the global polyolefin resin market. Although PVC is preferred for various applications, stringent regulations by governments is expected to provide vast growth opportunities for polyolefin resin market.
Increasing demand for polyolefin resin in automotive industry due to its cost-efficient physical properties is another major factor that is expected to drive growth of the market over the forecast period.
Market Outlook
On the basis of region, the global polyolefin resin market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the global polyolefin resin market, owing to presence of key manufacturers in the region. Growth of automobile industry in emerging economies such as China and India is increasing the demand for polyolefins in Asia Pacific, thereby driving growth of the market in this region.
North America is the third largest market for polyolefin resins and rising demand for polyolefin in the region is met by importing these compounds from Asia Pacific. Due to the shale gas boom in North America, raw materials were available at cheaper rates. This in turn is expected to boost the production of polyolefin resins in countries such as the U.S. and Canada.
Moreover, Middle East is expected to be one of the largest exporters of polyolefin resins over the forecast period. The polyolefin resin market growth in Europe is considerably low due to sluggish economic growth.
Key Players
Some of the major players operating in the global polyolefin resin market include China National Petroleum Corporation, Dupont, The Dow Chemical Company, LyondellBasell Industries NV, and Saudi Basic Industries Corporation.
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Monday 8 July 2019

Cis-3-Hexen-1-ol Market – Size, Share, and Market Outlook up to 2027

The global cis-3-hexen-1-ol market size is expected to witness potential gains in the future, and register a significant CAGR of 15.74% over the forecast period (2019 - 2027).
Market Overview
Cis-3-hexen-1-ol is a colorless oily liquid with an intense grassy-green odor. It is a valuable resource for imparting fruit and vegetable aromas to foods and for use in perfumes. It is an alcohol and its esters are also important flavor and fragrance raw materials. Mezcal, a Mexican distilled alcoholic beverage made from agave, contains enhanced concentrations of cis-3-Hexen-1-ol. It is used as a refreshing top note of floral fragrances. It is also present in essential oils and fruit-based oils. Cis-3-Hexen-1-ol is also used to relieve swelling, itching, bleeding and minor skin irritation.
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Market Dynamics
Increasing demand for air care products such as air cleaners, anti-odor agents, air purifiers, air conditioners, and air filters is expected to boost growth of the global cis-3-hexen-1-ol market. Cis-3-hexen-1-ol is also used car wax/polish, floor wax, general polishing agents, polish for metals, plastics, rubber, lacquers, leather, and furniture. Therefore, increasing demand for laundry and dishwashing products is expected aid in market growth.
However, cis-3-hexen-1-ol can cause severe eye damage/eye irritation and is highly flammable. Moreover, increasing concerns of adverse effects of chemical disposal in landfills and ocean is expected to retrain growth of the global cis-3-hexen-1-ol market growth.
Market Outlook
Among regions North America is expected to hold dominant position in the market over the forecast period. This is owing to growing perfume industry in the region. The perfume and cosmetic industry is one of the largest consumer of cis-3-hexen-1-ol. Asia Pacific is expected to be the fastest growing market, owing to growing population in the region, which in turn increases demand for homecare products. France accounts for a major market share in Europe and the market in Europe is expected to witness significant growth. This is owing to significant growth of the fashion industry in the region.
In Latin America, increasing demand for cis-3-hexen-1-ol from the food and beverages and the pharmaceutical industries is expected to boost the global market size. Rapid economic growth and improving lifestyle in Middle East is increasing the usage of perfumes and other cosmetic products in the region. This in turn is expected to boost growth of the market.
Key Players
Some of the major players operating in the global cis-3-hexen-1-ol market include, A.C.S. International, Inc., Alfrebro LLC, Vigon International, Inc., and Fleurchem, 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.
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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