Tuesday, 4 June 2019

Paper packaging Market Forecast Detailed in New Research Report Market 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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Monday, 3 June 2019

Global Nutraceutical Ingredients Market to Surpass US$ 57.46 Billion by 2025

Nutraceutical ingredients are the ingredients that provide nutritive value to the food by providing vitamins, minerals, proteins and other valuable nutrients. Nutraceutical ingredients are gaining popularity owing to health benefits associated with consumption of these such as aiding in controlling blood pressure, obesity, cholesterol, and heart diseases. Therefore, nutraceutical ingredients are increasingly being used in dietary supplements, functional foods etc. Nutraceutical ingredients have become the part of daily diet for the consumers.
Market Dynamics
The nutraceutical ingredients market has witnessed significant growth owing to rise in concern about side effects and synthetic additives in conventional consumer food, which has led to increasing demand for natural additives. Nutraceutical ingredients help in prevention of numerous diseases. Increasing prevalence of heart diseases such as XXX is anticipated to fuel growth of the global nutraceutical ingredients market. According to European Society of Cardiology, cardiovascular diseases cause around 4 million deaths every year, in Europe.
Asia Pacific was the dominant region in the global nutraceutical ingredients market in 2016, owing to increasing geriatric population and increasing health concerns among the population. According to National Centre of Biotechnology Information, aging population are associated with risks such as disability, chronic diseases, hypertension, diabetes and various other diseases. Emerging economies such as China, Japan, and India are some of the key markets in this region.
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Among product ingredients, fibers & specialty carbohydrates was the dominant segment in the global nutraceutical ingredients market in 2016. Omega fatty 3 acid segment is expected to witness significant growth rate over the forecast period. This is attributed to increasing product launches that are rich in omega-3 & fibers. For instance, in 2011, the Kashi Company launched Kashi waffles, 7 Grain Waffles and Blueberry Waffles that are rich in omega-3 and fibers. In 2012, Abbott’s Company’s Zoneperfect brand introduced a line of nutritive bars named Perfectly Simple. These bars have ingredients such as vitamins, proteins, minerals, and others.
By application, functional beverages accounted for the largest market segment in the nutraceutical ingredients market in 2016 with a revenue of US$ 10.51 billion. This is owing to the burgeoning growth in consumption of energy drinks & enhanced drinks, majorly by millennials, globally. According to National Centre for Complementary and Integrative Health, males consume most of the energy drinks between age of 18 and 34. . Functional beverages contain probiotics as nutraceutical ingredients and consumption of these aids in improving gut health, immune system, etc.
Among form, dry form was the dominant segment in the market in 2016 and is expected to retain its dominance over the forecast period. This form has gained popularity owing to its easy storage, handling, and transportation.
In terms of revenue, Asia Pacific was the largest market in 2016 with a market share of 36.19%. It is also projected to exhibit the fastest growth with a CAGR of 7.59% over the forecast period. This is owing to rise in healthcare spending. According to EU Business Avenues in South East Asia, the healthcare spending in ASEAN countries was estimated to be around US$ 110.78 billion in 2014.  Emerging countries such as China and India are expected to be the key markets for nutraceutical ingredients as these are major consumers of functional food and beverages. Moreover, increasing geriatric population in Asia Pacific region is one of the major drivers for growth of this market. According to Economic and Social Commission for Asia Pacific (ESCAP), the total number of elderly people is expected to double in 2050, which will be about 1.3 billion from 547 million in 2016. Japan is the largest consumer of nutraceutical ingredients owing to its wide usage in herbal medicine for maintaining health and treating diseases, further driving the overall growth of the market in Asia Pacific. According to EU-Japan Centre for Industrial Cooperation, Japan is anticipated to have 54.8% market share of the Asia-Pacific nutraceutical ingredients market in 2017.
North America has witnessed to be the second largest market of the nutraceutical ingredients in 2016. U.S. is expected to be the major market in this region over the forecast period. This growth is attributed to increasing use of dietary supplements owing to rising awareness regarding health benefits of consumption of these supplements as it provides nutrients mainly minerals and vitamins. According to U.S. Pharmacopeia Convection, dietary supplements are used by 80% of adults in the U.S.
Major players operating in the global nutraceutical ingredients market include BASF SE, E.I. du Pont de Nemours and Company, Cargill Inc., Archer Daniels Midland Company, DSM Nutritional Products, Ingredion Incorporated, Tate & Lyle Plc, Ajinomoto Co. Inc., and FMC Corporation.
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Epoxy Curing Agents Market Growth, Production, Suppliers, Forecast Report 2026

Epoxy curing agent has wide range of applications in industrial coatings, civil engineering & construction, automotive and metal-to-metal adhesives, composites, electronic potting among others. The various types of curing agents such as aliphatic, cycloaliphatic, amidoamine, polyamide and others have different molecular structure, basicity, and are of different functional groups. These properties allow the epoxy curing agents to control the curing reactions and also control the properties of cured thermosets. The increasing demand for high performance epoxy-based resin formulations for various applications such as paints & coatings, composites, and electronic applications is fueling growth of the epoxy curing agents market. Owing to industrialization in chemicals, aerospace, automobiles, and oil & gas sectors in Asia-Pacific; the region is expected to dominate the epoxy curing agents industry. Polyamide dominates the market due to its major applications in paints & coatings.
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Prevalent Scenario in Epoxy Curing Agents Market
Epoxy curing agents provide various advantages such as improved cure system strength, flexibility, impact strength, cured system chemical, and water resistance. Epoxy curing agents in amino groups are designed for low temperature curing, blush-free film, surface tolerant for applications in marine & industrial maintenance, pipe lining, coating and civil engineering. Waterborne curing agent products are designed for coating applications such as chemical resistant coating, corrosion resistant coating for end use, which include masonry coatings, floor toppings, and general maintenance coatings. Products under the range of amidoamine curing agents provide advantages such as low viscosity, improved adhesion, room temperature cure and are typically used in potting, high solid coatings, concrete coatings, adhesive formulations. Polyamide dominates the epoxy curing agent market with applications in wide range in adhesive applications such as primer, midcoat and topcoat applications on ships, bridges, industrial equipment, automotive, and industrial flooring. Properties of aliphatic amine curing agents such as high degree of chemical resistance, rapid room temperature cure, low color and viscosity, and high heat distortion temperatures for various end use applications, which include solvent-less coatings, chemical-resistant coatings, industrial flooring, adhesives, composites, tooling and casting. Cycloaliphatic amine curing agents have various benefits of chemical resistance, low viscosity and color films, high gloss and hence, finds wide use in coatings and flooring, chemical-resistant industrial formulations, and low temperature cure applications.
Companies are investing in R&D to innovate new products for wide range of applications. For instance, a part of investment of US$ 1.6 billion made by Dow chemical in R&D was used to enhance the epoxy technology and provide a wide range of high quality of epoxy curing agent products. Companies are launching low emission and waterborne curing agent products to meet the increasing demand for environmental friendly formulations. Companies such as Huntsman and Dow Chemicals are including environmentally responsible formulations of epoxy curing agent products.
Rapidly growing industries such as construction, automotive, composite manufacturing applications across the world, especially in Asia-Pacific region is the major driving factor for the global epoxy curing agents market. Technological advancements in the production and use of epoxy curing agents have resulted in the substantial market growth in North America. The key players are focusing on safe and economical production of epoxy curing agents in compliance to the regulations especially in the European region. Regulations imposed on the limited use of volatile organic solvents in Europe acts as a restraining factor for the growth of epoxy curing agents market in Europe.
Fragmented Market
The global epoxy curing agents market is highly fragmented due to the presence of many established and local players across the world. Major players involved in the market include Huntsman Corporation (U.S.), Evonik Industries (Germany), Dow Chemical Company (U.S.), BASF SE (Germany), Cargill, Inc. (U.S.), Cardolite Corporation (U.S.), Hexion, Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.),Mitsubishi Chemical Corporation (Japan),Aditya Birla Chemicals (India).
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High Performance Plastics Market Future Challenges and Analysis 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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Adhesives and Sealants Market - Outlook, Regulatory Bodies & Regulations and Key Market Players

Adhesive is a material used to bind two surfaces together, while sealants are materials with adhesive properties that are used to seal, fill, waterproof, gaps, and joints between two surfaces. Moreover, due to high tensile and shear strength adhesive are classified into two categories such as structural adhesive and nonstructural adhesive. The chemicals formulation and technology involves in adhesive and sealants are similar. Water-based adhesive is expected to dominate the global adhesive market during the forecast period. Moreover, the silicon based sealants is also projected to be dominant segment in the market. Adhesives and sealants are expected to witness significant growth over the forecast period in the construction, packaging, and automobiles industries.
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Adhesives and Sealants Market Outlook – Surging demand in Automobile and Construction Industry Augmenting Market Growth
Asia Pacific is expected to be one the major revenue contributor due to its emerging economy and supportive government policies in the region. For instance, Make in India initiative by Government of India aims to raise the country’s passenger vehicle manufacturing to 9.4 million by 2026. Moreover, due to rampant economic growth in Asia Pacific and rapid urbanization, especially in India and China, the demand for adhesive and sealants is expected to witness tremendous growth over the forecast period from various end-use industries that are witnessing burgeoning growth. Demand for modern buildings and commercial complex with glass exteriors and interiors is increasing and in turn is expected to drive growth of the global adhesive and sealants market during the forecast period.
Adhesives and Sealants Market Challenges – Environmental Impact
Carbon dioxide (CO2) and Volatile Organic Compound emission are major environmental issues. Adhesive and sealants such as silver epoxy-based Electronic Conductive Adhesive (ECA) release CO2. Moreover, due to stringent government regulation on release of VOC emission to the atmosphere, end-use industries are actively opting for alternative to organic solvents and dispersing media. For instance, SIKA AG introduced new-generation adhesive SikaBond AT-75 for wood floor bonding, meeting highest EHS regulation. This is expected to be one of the key challenges for adhesive and sealants market during the forecast period. Bio-based based products such as soybean-derived polyols, vegetable-based polyamides, epoxies, and polyisoprenes are increasingly replacing the synthetic materials and additionally reduce the carbon footprints. Water based formulation contribute to a major share in adhesive whereas silicone-based sealant capture major share in sealants market. Adhesives and sealants market is highly dependent on the raw materials such as synthetic fibers, resins, and crude oil. The prices of these raw materials are highly volatile and hamper the growth of the adhesives and sealants market.
Adhesives and Sealants Market – Regulatory Scenario:
United States Environmental Protection Agency (EPA), September, 2008, published Control Technique Guideline (CTG) for industrial adhesives with requirement on Volatile Organic Compound (VOC) content of adhesive application method at facility to have VOC emission of 15 lb/day or more.
United States Environmental Protection Agency (EPA), September 20, 2011, enforced regulation on use of adhesive and sealants which contains chloroform, ethylene dichloride, methylene chloride, perchloroethylene or trichloroethylene.
United States Environmental Protection Agency (EPA), January 01, 1993, banned on use of Adhesives, Sealants, Adhesive Bonding Primers, Adhesive Primers, Sealant Primers, or any other Primer which have a VOC content in excess of 250 g/L less water and less Exempt Compounds.
The Council of The European Communities on May 16, 1983, amending directive 77/728/EEC on the approximation of the laws, regulations and administrative provisions of the Member States relating to the classification, packaging and labelling of adhesives, paints, varnishes, printing inks and similar products (83/265/EEC).
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Some of the key companies dominating the market are 3M, The Dow Chemicals Company, Henkel AG & Co. KGaA, Avery Dennison, Royal Adhesives & Sealants LLC, Ashland Inc., Akzo Nobel NV, Arkema SA, BASF SE, Bemis Company Incorporated, Berry Plastics Corporation, RPM International, DuPont, and Evans Adhesive Corporation Limited, among others. Manufacturers are working closely with OEMs and R&D centers of the major automotive players to bridge the demand gap and offer tailor-made products
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Saturday, 1 June 2019

Protein Cookie Market: Demand, Market Segment & Forecast to 2026

Protein cookie is a rich source of energy and protein. These cookies offer various health benefits such as reduction of blood pressure and improvement in brain functioning. Moreover, these cookies can be added with various ingredients/ flavors such as fruit & nuts, chocolate, spices & seeds, and other similar flavors. There are numerous protein cookies available in the market such as Buff Bake’s Crunchy Protein Sandwich Cookies, and Soft Baked Protein Cookies, and others.
The global protein cookie market is projected to reach US$ 42.54 billion by 2027, witnessing a CAGR of 5.15% over the forecast period. This is owing to increasing consumption of protein cookies and growing awareness regarding health benefits of such cookies. Key players in the market are focused on manufacturing protein cookies with various flavors, which is fueling growth of the global protein cookie market. For instance, Quest Nutrition’s chocolate chip cookies, peanut butter cookies, oatmeal raisin cookies, snickerdoodle cookies, double chocolate chip cookies, and others.
Moreover, growing health awareness has led to high health expenditure among the populace, which is also expected to result in increasing demand for protein-based cookies with plant and animal sources. According to the World Bank data, in 2014, worldwide health expenditure was 9.60% of the global GDP, which increased to 10.02% in 2016.
On the basis of distribution channel, the protein cookie market is segmented into hypermarkets & supermarkets, convenience stores, online stores, and others. Other distribution channel includes grocery stores, retail stores, and departmental stores. The online stores segment is expected to witness rapid growth during the forecast period. This is owing to increasing use of internet services and mobile phones. For instance, according to the World Bank data, in 2010, the global number of internet users was 1.99 billion, which reached to 3.41 billion users in 2016.
Among flavors, the chocolate segment is expected to witness significant growth during the forecast period. This is owing to health benefits associated with chocolate consumption such as reduction in blood pressure and improvement in blood circulation. High cocoa content in chocolate is a good source of antioxidants, which aids in slowing ageing process. Moreover, chocolate increases serotonin levels in the brain and the gut and improves functioning of the immune system.
Among protein source, the animal source segment is expected to witness significant growth during the forecast period. This is owing to the presence of whey protein as a key ingredient in protein cookies in the form of whey protein isolates and concentrates.
The global protein cookie market is expected to be valued at US$ 42.54 billion by 2027, and is expected to register a CAGR of 5.15% in terms of revenue over the forecast period (2019 – 2027).
Players operating in the global protein cookie market are focused on developing new products to enhance their market share. For instance, in November 2018, Hershey India Private Ltd. launched its Sofit protein cookies. These cookies are a combination of proteins, omega-3, and fibers. Similarly, in March 2017, Whey 2 Be! launched a new range of cold-pressed whey protein cookies that are certified non-GMO by Greenleaf Non-GMO. In March 2018, Kakookies launched gluten-free protein cookies. Moreover, these protein cookies are launched with different flavor variants such as chocolate chip, banana oatmeal chocolate chip, chocolate chip, cran-orange white chocolate, and peanut butter.
Major players operating in the global protein cookie market include, Lenny & Larry's, Quest Nutrition, Munk Pack, Justine’s Limited, NuGo Nutrition, No Cow LLC, Buff Bake, MuscleTech, Xterra Nutrition, The Hershey Company, and others.
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Nuclear Decommissioning Services Market Structure, Industry Analysis, and Forecast 2019 -2026

Nuclear decommissioning is the process in which a nuclear facility is dismantled so that it no longer requires to be protected from radiation. The challenges in nuclear decommissioning include technical, economic, and social factors. The process of removal of radioactive materials is occupationally hazardous, time-intensive, expensive, and also pose environmental risks that are to be addressed to ensure that radioactive materials are stored on-site in a safe manner or transported elsewhere for storage.
Rising risk and safety concerns regarding nuclear decommissioning services are one of the major factors propelling growth of the market, globally. Increasing focus on renewable energy sources such as wind, solar, and others is resulting in less use of nuclear power, which in turn drives growth of the nuclear decommissioning services market, globally. The Energy Information Administration (EIA) projected that total renewable energy used in the power sector was anticipated increase by 8.7% in 2016 and 6.5% in 2017. Solar PV capacity was also expected to increase from 10 GW to 27 GW between 2014 and 2017. Wind capacity was expected to increase by 9% in 2016 and by 8% in 2017, accounting at that point for 5.6% of the total generation.
However, the cost of decommissioning is one of the major factors hampering the market growth. Decommissioning cost estimates are in the range of US$ 1 billion - US$ 1.5 billion per 1,000-megawatt plant. Moreover, Germany has set aside US$ 44.08 billion to decommission 17 nuclear reactors and the U.K. Nuclear Decommissioning Authority estimates that clean-up of U.K.'s 17 nuclear sites will cost between US$ 126?290 billion over the next decades.
The global nuclear decommissioning services market was valued at US$ 171.74 billion in 2018 and is expected to register a CAGR of 7.0% in terms of revenue over the forecast period (2019 – 2027).
Europe accounted for the largest market share in the global nuclear decommissioning services market with a value of US$ 78.48 billion in 2018. Stringent government regulations in Europe to support nuclear decommissioning activities is a major factor driving growth of the market in the region. Europe is projected to become the world’s largest market for decommissioning and decontamination (D&D) in the next five years. Over half of the European Union’s 223 nuclear power plants are due for closure by 2025.
The market in Asia Pacific is expected to witness the fastest growth in the global nuclear decommissioning services market over the forecast period. The ongoing nuclear decommissioning activities and initiatives of the governments in this region to reduce nuclear energy are major factors driving growth of the nuclear decommissioning services market in Asia Pacific. For instance, in May 2018, the government of Taiwan announced plans to diversify the energy mix and replace nuclear power with clean energy such as wind and solar power.
The pressurized water reactor segment accounted for the largest market share in the nuclear decommissioning services market in 2018. Pressurized water reactor (PWR) is a type of nuclear reactor used to generate electricity and propel nuclear submarines and naval vessels. It utilizes light water (ordinary water, as opposed to heavy water) as coolant and neutron moderator. According to World Nuclear Association, PWR was originally designed for the U.S. Navy, however, it gained significant traction and became widely used reactor in nuclear power plants; with 297 in operation around the world as of 2018.
Major players operating in the global nuclear decommissioning services market include Orana Group, AECOM, Babcock International Group Plc, Westinghouse Electric Company LLC, Enercon Services Inc., KDC Contractors Limited, NUVIA Group, Onet Technologies SAS, Sogin S.p.A., and others.
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