Tuesday, 26 February 2019

Basalt Fiber Market – Outlook, and Opportunity Analysis, 2018 – 2026

Basalt fiber is a relatively new product among fiber reinforced polymers and composites. It possesses similar chemical properties to glass fibers but have better physiochemical properties than glass fibers. It is also very cheap as compared to carbon fiber. Basalt fiber is highly resistant to alkaline, acidic, and salt attack, which makes it a good candidate for concrete, bridge and shoreline structures.
Market Dynamics:-
Basalt fiber finds major application in construction industry, as a substitute to the steel rebar and glass. Basalt fiber is lighter, stronger, and corrosion resistant than conventional steel rebar. It also possesses high chemical resistance and melting point as compared to glass. Growing construction industry is expected to drive growth of the global basalt fiber market during the forecast period. According to the World Bank, investment in global construction industry is expected to increase by US$ 93 trillion by 2030.
Current research shows that basalt fiber has similar creep and fatigue strength as compared to glass. International bodies such as American Concrete Institute are yet to acknowledge basalt fibers in their codes and provide specific design guidance. This is expected to restrain growth of the market over the forecast period.
Market Outlook:-
North America and Europe holds dominant position in the basalt fiber market, owing to use of specialty materials in aerospace and automobile industry in these regions. Basalt fibers are majorly used in automobile and aerospace industry to reduce the overall weight and increase the fuel efficiency. Asia Pacific market is expected to grow at highest rate, owing to growing construction and automobile industry. For instance, according to the International Trade Administration, Chinese automobile output is expected to increase from 28 million units in 2016 to 35 million units by 2025 with 9% year-on-year growth.
Key Players in the Global Basalt Fiber Market:-
Key players operating in the global basalt fiber market include Sudaglass Fiber Technology, Mafic SA, JEC Group, BasaltEx NV, Hebei Tong Hui Science Technology Co., Kamenny Vek, Jiangsu Green Materials Vally New Material T&D Co. Ltd., Basanite Inc., JiangSu TianLong Continuous Basalt Fibre Co. Ltd., and Vulkan Europe BV.
Key companies are focusing on adopting various organic and inorganic growth strategies, in order to enhance its production capacity. For instance, in 2017, Canada-based MAFIC SA announced that it will launch its new basalt fiber production facility in the U.S. by 2018.
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Monday, 25 February 2019

Vegetable Parchment Paper Market Industry Growth, Trends, and Forecast 2018 - 2026

Vegetable Parchment papers are resistant to moisture and grease, due to which they are widely used for purposes such as baking, roasting, reheating, and wrapping of food items. Vegetable parchment paper can be obtained in the form of sheets, precut rounds, and rolls. It is manufactured using the parchmentizing technique that involves passing the vegetable parchment paper via zinc chloride or sulphuric acid, which results in the bulging of the parchment fiber, making the paper dense, transparent, and grease-resistant with excellent wet-strength properties. Vegetable parchment paper is useful as it allows for easy clean-up and easy transfer of food items from pan to cooling rack. Vegetable parchment paper is generally made using unbleached chlorine-free grease resistant paper that provides high density and non-sticky properties to the paper. Vegetable parchment papers meet all the regulatory compliances, including FDA approvals and is thus widely used by bakeries, restaurants, caterers, and individuals.
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Market Dynamics
Vegetable parchment paper is not as strong as ordinary parchment yet is able to resist the action of external agents, especially moisture. It can also be left in liquid for days or boiled, without experiencing any change in its external properties. Since vegetable parchment paper does not contain nitrogen, unlike parchment, it is much less susceptible to attacks of insects, making it an excellent option for wrapping food and baking. This poses as a major factor expected to drive growth of the global vegetable parchment paper market. According to the U.S. Dairy Export Council, the global bakery market grew by 26.0% from 2010 to 2015, and is projected to achieve a CAGR of 1.8% from 2015 to 2020. Additionally, the vegetable parchment paper demonstrates properties such as low air permeability and high chemical resistance, due to which the demand for vegetable parchment paper is increasing amongst food manufacturers, thus boosting growth of the global vegetable parchment paper market. However, various substitutes available for vegetable parchment paper include foil and baking pan, in turn, posing as restraints for growth of the market.
Market Trends
Increasing plastic pollution is a major environmental concern, globally. For instance, according to Central Pollution Control Board, around 4 Mn tons of garbage is disposed every day, out of which 15% (0.60 Mn tons) comprises plastics. Plastics are expected to account for 20% of the entire pollution over the following 25 years, as compared to an estimated 7% currently. These factors are expected to boost demand for recyclable and/or biodegradable options such as vegetable parchment paper, which in turn is expected to drive growth of the vegetable parchment paper market.
Market Outlook
Among regions, Asia Pacific is expected to hold the fastest-growing market for vegetable parchment paper over the forecast period (2018-2025). This is majorly due to increasing demand for convenience products from end-use industries such as food and baking, in turn, driving growth of the vegetable parchment paper market in emerging economies such as China and India. For instance, according to China’s Bureau of Statistics, food consumption accounted for around 31% of household expenditure or around US$ 641.12 billion in 2015. From 2008 to 2017, money spent on food consumption increased by 41% in China. Additionally, vegetable parchment paper is used in the food and baking industries for applications such as baking sheets, pan liners, and candy and taffy wraps.
Key Players
Major players operating in the market include Reynolds Consumer Products Inc., Paterson Pacific Parchment Company, AMOL Group, JK Paper, Black Label Paper Company, Nordic Paper, and Tesco.
Key players are strategically investing in new product development activities and product launches, in order to expand their presence globally. For instance, in 2017, Reynolds Consumer Products Inc. expanded its product line of high quality kitchen products with the new innovation for consumer attraction to develop vegetable parchment paper. Company launched Reynolds KITCHENS Parchment Paper with SmartGrid, Reynolds KITCHENS Wax Paper Sandwich Bags and Reynolds KITCHENS Small Size Slow Cooker Liners. These new products are designed to cook meals faster, better, and easier.
Market Taxonomy
On the basis of product type, the vegetable parchment paper market is segmented into:
    • Bleached
    • Natural
    • Resin Treated
    • Others
On the basis of application, the vegetable parchment paper market is segmented into:
    • Food
      • Seafood
      • Vegetables
      • Chicken
      • Baking
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Printing Machine Market - Growth Opportunities, Share & Competitive Landscape Report To 2026

Printing Machine are devices used for reproducing text and images using a template. Printing Machines are used by the publishing companies to print various documents in large and commercial volumes. These machines use the simple mechanism of applying pressure to a thoroughly inked moulded surface resting on the designated cloth of paper. The development of printing machines has made for printing of books, newspapers, magazines, and other such reading materials in huge numbers. Printing plays an important role in the promotion of literature. For instance, according to World Association of Newspapers and News Publishers (WAN-IFRA) 2017 facts report, it is estimated that daily 2.7 billion of the world’s population around the world reads a newspaper in printed format. Growing packaging industry and increasing demand for advance graphics in packaging industry are major driving factors for growth of the printing machine market, globally. For instance, according to the Coherent Market Insights analysis, it is estimated that India packaging industry is expected to grow with a CAGR of 18 percent over the forecast period (2015-2020).  Furthermore, increasing e-commerce industry is become one of the major driving factor for packaging market growth, which parallel accelerated the demand for printing machine. For instance, according to the Indian brand equity foundation, in 2016, the India e-commerce industry generated the revenue of US$ 15 billion and is expected to reach US$ 64 billion 2020, with a CAGR of 44.8 percent over the forecast period 2016 – 2020.
Offset printing process used in majority of the printing applications is driving the printing machine market growth
The offset printing process is the most common form of printing method used for many applications such as book notes, packaging, marketing material etc. If anything needs to be printed it can be done with the help Offset Printing. This printing technique is used for newspapers, books, legal forms, and documents, magazines, brochures, business cards, letterhead, catalogues, booklets, business forms, flyers, brochures, calendars, invitations, packaging industry, and much more. Offset printing process is often used in combination with lithographic printing. In offset-lithography, the paper does not come into direct contact with the printing plate. Instead, the image is transferred to a rubber roller. The process produces prints with rich, smooth solids without the streaking found in lesser quality prints. This printing method is very suitable for print media. Thus, offset printing is more widely used for printing purpose and hence it is expected that market for offset lithography printers will be majorly driven by growth in the printed media sector.
Majority of the population worldwide is indulging in reading activities on a daily basis such as newspaper, magazines, books or comics. Although these forms of reading materials are widely used by many people, the growth of digitalization is likely to impact the growth of print machine market. For instance, according to World Association of Newspapers and News Publishers (WAN-IFRA) 2017 facts report, digital advertising revenue reached to US$ 9588 million in 2016, up from US$ 9110 million in 2015, observing an increase of 32 percent in past five years. This increases the challenges faced by publishers. Increasing penetration of digital data or reading materials such as subscribing to online news websites, e-books etc. is likely to hamper growth of the printing market.
Printing Machine Market: Regional Insight
On the basis of region, the printing machine market is segmented in to North America, Europe, Asia Pacific, Latin America, The Middle East, and Africa.
Asia Pacific is the major contributor in the Printing machine market growth, owing to growing print markets in this region.  In 2016, daily print newspaper circulation in Asia increased by 8.80 percent over one year and 40.10 percent over five years’ time span. Moreover, according to the March 2017, updates by India Brand Equity Foundation (IBEF), in India print media contributes to a significant portion of the total advertising revenue, accounting for almost 41.2%. Thus, increasing adoption of printed media in Asia Pacific region is propelling demand for printing machine market, which in turn is expected to account for considerable market share throughout the forecast period.
Printing Machine Market: Competitive Insight
Some of the key players operating in the printing machine market are Advanced Vision Technology Ltd., Agfa Graphics, Bobst, Dover Corp., Eastman Kodak Company Goss International Americas, LLC. MITSUBISHI Heavy Industries LTD., MINO Group Co. LTD., MISHIMA Co. LTD., and Sakurai Graphics Systems Corporation.
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Bakeable Trays Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Bakeable trays or direct-to-oven trays are used to cook food in oven at high temperature. Although metals were initially used to manufacture bakeable trays, now corrugated paper cardboard are used. Corrugated paper cardboard is light and waterproof as well as heat resistant and can sustain temperature up to 220?C. Bakeable trays allow to store, transport, and sell food products in just one container, which minimizes the packaging and product cost.
Market Dynamics:-
Bakeable trays are majorly used in food & beverages industry for the packaging of ready-to-eat or convenience foods. These trays are also used to roast and bake pizzas, meat steaks, confectionary items, pasta, and other food products. Growing urbanization, changing lifestyle and increasing working population have led to high preference for processed and convenience food products. This in turn is expected to propel demand for bakeable trays over the forecast period. According to the United Nations Development Program, working population in Asia Pacific is expected to increase to 4.8 billion by 2050, accounting for 68% of the total regional population.
Market Outlook:-
Asia Pacific is expected to hold dominant position in the global bakeable trays market, owing to growing pharmaceuticals and food & beverages industry in emerging economies such as India and China. For instance, according to Ministry of Food Processing Industry, Government of India, the food processing industry in India was valued at US$ 600 billion in 2016, and is expected to become the world’s second largest market after China and to reach US$ 1800 billion by 2020.
Key players in the Global Bakeable Trays Market:-
Key players operating in the global bakeable trays market include, iVEX Protective Packaging Inc., DuraCorp LLC, Huhtamaki BCP Ltd., Packaging Sales And Service Inc., Menasha Corporation, Honeymoon Paper Products Inc., Tielman Sweden AB, Genpak LLC, Northland Aluminum Products Inc., and Laminating Technologies Industries LLC.
Major companies in the market are focused on developing new products in order to strengthen their footprints in the global bakeable trays market. For instance, in 2016, Multivac Inc. launched dual ovenable Mylar BAKE film coated product range.
About Coherent Market Insights:
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ESD Bags Market Revenue, Growth Rate, Customer Needs, Trend, Manufacturers, and Forecast to 2026

ESD (Electrostatic Discharge) bags such as anti-static bags, metallized bags, and conductive bags are used for storing electronic component, which are prone to damaged caused by Electrostatic Discharge (ESD). It is made from plastics such as Polyethylene Terephthalate (PET) and polyethylene. The bags have three distinctive colors: silvery for metallized film and pink or black for polyethylene. ESD bags are used to prevent electrostatic damage of electronic items during transportation. Electrostatic discharge (ESD) is the sudden flow of electricity between two electrically charged objects caused by contact, an electrical short, or dielectric breakdown.
Rapid growth in packaging industry is one of the major factors driving growth of the global ESD bags market. For instance, according to India Brand Equity Foundation, (IBEF), the Indian packaging industry was valued at US$ 17.3 billion 2011 and it was increased by 27.8 billion in 2014 with a witnessing CAGR of 14.9%. Anti-stats bags are used in various industries such as electronics, chemicals, and pharmaceuticals. These bags prevent electronic devices from electrostatic discharging (ESD) that may occur during movement or shipping of these devises.
However, growing environmental concerns regarding plastic pollution is a major factor hindering growth of the global ESD bags market. According to the United Nations Environment Programme (UNEP), around 322 million tons of plastic was produced in 2015 globally. Moreover, according to a study published in the journal Science Advances, in June 2017, around 8.3 billion metric tons of plastic was manufactured, of which 6.3 billion metric tons was converted into plastic waste and only 9% was recycled globally.
The global ESD bags market was valued at US$ 339.90 Million in 2017 and is expected to register a CAGR of 6.9% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 601.48 Million by 2026.
Among product type, anti-static bag segment held a significant market share 47% in the global ESD bags market in 2017, owing to increasing demand for its applications in electronics industry. Major application of anti-static bag is packaging of electronic products. Computer components and items of a similar nature can be easily damaged by static discharge. Anti-static bags are used to maintain a static-free environment for electronic products.
North America held significant market share in 2017, owing to increasing use of devices such as mobile phones, tablets, and laptops. Increasing use of these devices is expected to propel demand for ESD bags such as anti-static bags for packaging electronic components and devices in order to protect from mechanical and electrostatic damage. Furthermore, according to the U.S. General Services Administration, in 2015, around 378 million tablets and smartphones were in use in the U.S. Moreover, according to Consumer Technology Association (CTA), unit volume shipping of smartphones in the U.S. is expected to increase by 2% to reach 189 million in 2018, while revenue is expected to increase by 3% to reach US$ 62.9 billion in 2018 in the U.S.
Major players operating in the global ESD bags market include, 3M Company, Miller Packaging, Protective Packaging Corporation, Digi-Key Electronics, Daklapack Group, Dou Yee Enterprises (S) Pte Ltd., Advantek, Inc., Teknis Limited, Edco Supply Corporation, Naps Polybag Co, Katzke Paper Co, Statclean Technology (S) Pte Ltd, Elcom Ltd., and Electrotek Static Controls Pvt., Ltd.
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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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Sunday, 24 February 2019

Eco Fiber Market- Industry Insights, Outlook, and Opportunity Analysis, 2018-2026

Eco fiber is a thin long natural thread or a strand with flexible texture. This material is widely used in the textile industry, due to its natural and ecologically friendly properties. Textile-based products are generally manufactured using an extensive range of chemical agents, including scouring agents, wetting agents, soaping, and dyeing agents. The excessive use of these agents, has raised several concerns regarding environmental pollution, contributing to global warming. This in turn, is increasing the demand for eco fibers in the textile industry, thus boosting growth of the market.
Growing textile industry and fluctuations in prices of conventional fabrics are some of the major factors fuelling growth of the eco fiber market. Furthermore, major players operating in this market are increasingly engaging in the manufacturing of various eco-friendly products such as organic cotton and bamboo fibers. This in turn, is expected to propel growth of the eco fibers market. Production of organic cotton does not involve any pesticides or chemicals and reduces the consumption of water by around 70%. This is another major factor propelling growth of the eco fibers market, globally.
Asia Pacific held a dominant position in the global eco fibers market in 2016 and is expected to retain its dominance over the forecast period, followed by North America and Europe. Rapid growth in the textile industry and wide availability of raw materials coupled with cheap work force in this region are major factors propelling growth of the eco fibers market in Asia Pacific. Furthermore, emerging economies such as India and China are major growth engines. India is the largest producer as well as consumer of eco fibers and accounts for over 35% of the market share of the region.
Europe and North America account for the fastest-growing markets. According to the Food and Agriculture Organization (FAO) of the UN, countries such as U.K., Turkey, and Germany accounted for the major share in the eco fiber market in Europe, whereas U.S. holds the largest market in North America, accounting for over 50% market share.
Key Players in the Global Eco Fiber Market
Some of the key players operating in the global eco fiber market are Enkev Bv, Esprit Global, Envirotextiles, European Industrial Hemp Association, Flexform Technologies, Foss Manufacturing, Hayleys Fibers, Aditya Birla Management, Ananafit, Aquafi, Greenfibres, Bcomp, David C. Poole, Ecofibre, Ecological Fibers. Lenzing AG, Grasim Industries Limited, Teijin Ltd., and US Fibers.
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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Friday, 22 February 2019

Destemmer Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Destemmer is a machine used for separating the stems from the grapes in order to collect the juice from it. The destemmer performs operates under the three different types functional areas, which include reception hopper, rollers, and destemming basket. Increasing export of the wine across the globe is one of the key factors propelling demand for the destemmer machine, which in turn is driving growth of the market. For instance, according to the Wine Institute and Global Trade Information Services, in 2014, total export of wine the U.S. in the was US$ 1.49 billion and it  reached up to US$ 1.62 billion in 2016. Hence, this factor also fuelling the growth of the market.
Increasing wine consumption is key factor driving growth of the market
Increasing wine consumption across the globe is one of the major driving factors for growth of the market. Increasing inclination of population towards wine consumption in bars, restaurants, night parties, as a form of entertainment is propelling demand for wine from such end users, which in turn is increasing demand for the destemmer machine. For instance, according to the Coherent Market Insights analysis, in 2000, the consumption of wine was 226 hectolitre and it reached to 242 in 2016, worldwide. Therefore, increasing wine consumption across the globe is projected to positively affect growth of the market. Furthermore, increasing disposable income of the consumer is expected to increase the demand for wine, as this drink represents status symbols. For instance, in the U.S., according to the US Bureau of economic analysis, in February 2018, the disposable personal income was US$ 14794.74 billion and it is projected to reach up to US$ 14809.91billion in March 2018. Therefore, the increase in usage of such products for the celebrations, anniversaries, parties, social gatherings, personal moments, and many more which in turn help in fuelling the growth of the market.
Increasing utilization of wine in the food and beverages is expected to provide growth opportunities for the market
Increasing utilization of wine in the food and beverages products is expected to provide opportunities for growth of the market. High prevalence of cancer is one of the factor which has proportionally increased the usage of wine in the food and beverages, owing to presence of compound called as resveratrol. Furthermore, resveratrol helps in defending the body against bacteria such as Helicobacter pylori and Chlamydia trachomatis. Wine has anti-bacterial and anti-cancerous properties, which can prevent individual from developing risk of cancer. For instance, according to the cancer.gov analysis, in 2016, the total number of cancer case in the U.S. was 1,685,210 and it reached to 1,735,350 in 2017 in which the number of people was died due to the cancer was 609,640. Therefore, in order to reduce the death rate of cancer which inadvertently increases the consumption of grape wine in the food and beverages products is expected to provide the growth opportunity to the market.
Based on product type, the crusher-destemmer segment is expected to lead the global destemmer market during the forecast period
On the basis of product type, the destemmer market has been segmented into crusher-destemmer, destemmer-crusher, and destemmer. The crusher-destemmer segment is expected to lead the destemmer market during the forecast period, owing to the factor that it is less expensive than destemmer-crusher, which is increasing demand for the crusher-destemmer. Moreover, the spare parts of crusher-destemmer are less expensive than destemmer crusher, which is expected to increasing the demand for the crusher-destemmer during the forecasted period.
Global Destemmer Market: Regional Insights
On the basis of geography, the global destemmer is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.  North America region holds the largest market share of the global destemmer market, followed by Europe and Asia Pacific. The U.S. is projected to hold dominant position in the market, owing to increasing grape farming and high adoption of advanced technology for wine production, which in turn is driving growth of the destemmer market in this region. For instance, according to the Coherent Market Insight analysis, in 2015, in the U.S. the total production of the grapes was accounted to be  7.62 million tonnes and it was increased by 7.69 million tones in 2016. Therefore, increasing production of grapes is expected to inadvertently increase the production of wine, which in turn is propelling growth of the market in this region.
Global Destemmer Market: Competitive Insights
Major players operating in global destemmer market include Zambelli Enotech S.r.l, Bucher Hydraulics Corporation, Scharfenberger GmbH & Co. KG, Criveller Group, Enoitalia S.r.l, Scott Laboratories Inc., Pera-Pellenc S.A., Brewcraft Enotecnica Pillan S.r.l, Winequip, and ColloPack Solutions LLc.
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,
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Seattle, WA 98154
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Email: sales@coherentmarketinsights.com
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