Rising Developments in Construction and Automotive Sectors to Fuel Adoption of Metal Fabrication Services Globally

The global metal fabrication market is extremely fragmented and the vendor landscape comprises a large number of unorganized players. Transparency Market Research finds that the top six players in the global metal fabrication market collectively accounted for a share of less than 6% in 2015. These players, namely O’Neal Manufacturing Services, BTD Manufacturing Inc., Mayville Engineering, Defiance Metal Products, Ironform Corporation, and Interplex Holdings, have been focused on tie-ups with large OEMs, acquisitions and expansions, cost saving, efficient production management, and logistics to gain a greater share in the global metal fabrication market.

Investment in research and development activities is also a key growth strategy adopted by many companies, the author of the TMR study finds. For instance, O’Neal Manufacturing Services invested US$5 mn on equipment and machinery in May 2014. This facilitated the company in providing fabricated parts and components for Caterpillar Inc.

The opportunity in the global metal fabrication market was pegged at US$16.35 bn in 2015. This is forecast to be worth US$21.38 by 2024, expanding at a CAGR of 3.0% therein.

Revenue Generated by Metal Welding Services Higher than that of Any Other Segment

By service, metal welding accounted for the lead share in the global metal fabrication market with a share of just over 14% in 2015. However, machining services are anticipated to witness rapid growth in the coming years, registering a 4.1% CAGR from 2016 to 2024. Based on end use, the construction sector held the dominant share in the metal fabrication market in 2015 and is anticipated to retain its lead throughout the forecast period. The manufacturing industry, on the other hand, is projected to expand at a rate higher than any other end-use segment.

Geographically, Asia Pacific is the leading market for metal fabrication and in 2015, accounted for just under 43% in terms of revenue. North America will register a 4.8% CAGR during the course of the forecast period, higher than any other regional segment.

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Rising Popularity of 3D Metal Printing a Major Threat

“The rising demand for iron and steel by European and American construction and automobile industries has led to the rising significance of metal fabricators across these regions,” states the author of the study. Substantial spending on industrial projects, the development of industrial infrastructure, and interest rate cuts by centralized banking authorities of India have helped promote the demand for steel in the construction sector, thereby driving the demand for metal fabrication. There has also been continuous growth in global permanent modular construction (PMC) activities over the past few years and this is anticipated to drive the market for metal fabrication in the near future.

On the flip side, the growing popularity of 3D metal printing poses a major threat to the development of the metal fabrication market. “Three-dimensional metal printing has become a widely acclaimed technology for metal additive manufacturing,’ the lead analyst states. Today, 3D metal printing has gained extensive usage in the aerospace, automotive, and marine sectors, owing to its high quality adherence and high-precision machining operations. This adoption is being viewed as a hindrance to the trajectory of the metal fabrication market, specifically in developed economies.

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Household Cooking Appliances Market: Urbanization to Emerge as Key Driving Factor

According to a report by Transparency Market Research (TMR), the global household cooking appliances market is highly fragmented and is dominated by a large number of multinational and regional players. Samsung Electronics Co. Ltd, LG Electronics, Whirlpool Corp., and Miele Group are some of leading manufacturers of household cooking appliances across the world, which enjoy high brand equity and display strong operational profiles. 

The competition in this market is intense and players are adopting different marketing and advertising strategies for sustenance. Hitherto, they were relying upon product innovation and advancements in current offerings. However, mergers, acquisitions, and partnerships is expected to emerge as the most favored strategy among them in the coming years. 

As per TMR’s estimations, the global market for household cooking appliances presented an opportunity of US$42.2 bn in 2015. Increasing at a CAGR of 3.80% between 2016 and 2024, the market is expected to reach a value of US$58.4 bn by the end of the forecast period. Cooktops and cooking ranges emerged as the most valued products in 2015 with a share of nearly 72% in the overall market. Thanks to their importance as integral kitchen requirements, these appliances are likely to remain leading the demand over the next few years, states the research report. 

Europe to Continue its Leading Streak

In this study, researchers have also presented a geographical assessment of the global market for household cleaning appliances. According to them, the market is stretched across Asia Pacific, North America, Europe, South America, and the Middle East and Africa. Among these, Europe has surfaced as the leading contributor to this market, holding a share of 29.6% in 2015. With the increasing demand for technically advanced appliances, this regional market is likely to remain dominant throughout the forecast period. 

North America, on account of the rising trend of replacing old cooking appliances with new and advanced versions, is likely to remain at the second position over the next few years. Asia Pacific, on the other hand, is projected to offer an opportunity-rich market to participants, owing to the emergence of e-commerce and the escalating disposable income of consumers in this region, notes the research study. 

Increasing Count of Working Women to Boost Market Growth 

Of late, the people from rural areas has been increasingly migrating to urban locations, worldwide. As a result, consumers are demanding for cooking appliances, which not only facilitate their work but also help them in saving time. “The increasing number of working women has fueled the demand for smart cooking appliances significantly, which eventually, is leading to a remarkable growth of the global market for household cooking appliances,” says an analyst at TMR. 

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Apart from this, the rising count of nuclear homes is also expected to add to the demand for household cooking appliances considerably across the world in the coming years, states the research report. 

Growing Pool of Unmarried/Single Individuals to Limit Demand 

On the other hand, the growing pool of unmarried/single individuals, who prefer eating out than to cook at home, may curtail the demand for household cooking appliances in the near future. The additional expenses incurred in purchasing appliance-specific utensils and cookware are also projected to hamper the growth of this market in the years to come, reports the research study. 

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Flea and Tick Product Market: Rising Pet Healthcare Awareness amongst Pet Owners Bolsters Market Growth

The global flea and tick market features the presence of a large number of market players, which makes the market fragmented and competitive, notes Transparency Market Research in a recently published report. Few prominent players in this market are: Virbac, Bayer AG. Merck Animal Health, Ecto Development Corporation, Merial Animal Health, and Eli Lilly, amongst several others.

Considering a number of growth drivers, the global flea and tick product market is being predicted to register a revenue of US$1.34 bn by 2025, through a rise of 4.8% CAGR during the forecast period from 2017 to 2025. The market earlier recorded a revenue of US$0.894 bn 2016, which exhibits an anticipation of a fairly strong growth in a period of 9 years.

Asia-Pacific Countries to Stealthily Gain Market Revenue in Future

From a regional perspective, the global flea and tick market is spread across several regions namely, North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. Europe held the leading position with maximum share at 35% in 2016 as compared to other regions. This region is also forecasted to keep its position steady in the future. Large-scale market growth in Europe is mainly possible due to presence of market players dealing with manufacturing of animal healthcare products. In Europe, Germany holds a top market share, which is expected to be retained at least until 2025.

Apart from Europe, Asia-Pacific based countries are slowly gaining traction in the market mainly due to the rising awareness amongst pet owners to safeguard pets’ health from ill effects and diseases that might be caused by fleas and ticks. India and China are two prime countries that are responsible for providing a boost to the market in this region. North America is another significant region which accounts for a considerable market share in 2016. With a positive anticipation in the next future years, the North America countries are forecasted show a market rise at a robust CAGR of 4.4% from 2017 to 2025.

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Rise in Product Distribution Channels to Support Market Growth

A significant factor that has proven to bolster the global flea and tick product market is the increase in the number of pet owners and increasing spending for the betterment of pets’ health and welfare. The increasing utilization of products that can reduce the proliferation of ticks and fleas helps to maintain clean surroundings. The expansion of distribution channels such as vet shops and pet stores is also another reason for the growth in the global flea and tick product market. Last but not the least, government regulations and initiatives formed to safeguard the welfare of animals and boost animal health are expected to act as a catalyst for flea and tick products market in the next few years.

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Dock and Yard Management Systems Market: Technological Advancements to Steer Uptake of Dock and Yard Management Systems

The increasing penetration of the global dock and yard management systems markethas wooed several regional and global companies to expand their footprint worldwide. Besides this, the key market players are focusing on product differentiation and adding innovative edge to their products and technologies to upgrade their service portfolio. Through these strategies, various companies are aiming at establishing a stronger foothold in the global market. Other than this, the market is witnessing a fair share of partnerships, mergers, and acquisitions all conducted in an attempt to emerge at the fore, finds Transparency Market Research (TMR) in a new study. Also, Manhattan Associates, 4sight Solution, Descartes Systems Group Inc., C3 Solutions, Kelley Entrematic, Softeon, Zebra, Oracle Corporation, Royal 4 Systems, and Epicor Software Corp are identified as some of the leading companies operating in the global dock and yard management systems market.

According to TMR, the global dock and yard management systems market is likely to report a CAGR of 13.9% between 2017 and 2025. By the end of 2025, the market is forecast to reach US$7,612.0 mn, as compared to US$2,377.0 mn in 2016. Regionally, North America dominated the global dock and yard management systems market, gaining from the proliferation of cloud-computing technologies in the region. However, over the next couple of years, Asia Pacific is likely to be the fastest growing region. Among the key application segments, the market witnesses strong demand from the manufacturing sector. However, it was the transport and logistics sector that held the dominant share of 25% in 2016.

Rising Demand for Time and Cost Saving Solutions to Boost Growth

The rising demand for cost and time saving solutions is the key reason behind growth witnessed in the global dock and yard management market. Over the last few years, technological advancements have steered the adoption of dock and yard management systems as they ensure accuracy in inventory and distribution centers and warehouses, in turn eliminating extra costs incurred in the processes.

According to TMR, warehouse management systems (WMS) and transportation management systems (TMS) fuels labor utilization significantly, they increase floor space utilization by a minimum 10%, and improves shipping accuracy by 99%, hence saving cost and time alike. Furthermore, the market is likely to gain from globalization and the rising demand for TMS and WMS solutions. It will also gain from the growth witnessed in the e-commerce industry, which demands diligent and prompt delivery of goods ordered online.

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Budgetary Constraints Could Create Hindrances

On the downside, lack of awareness about cloud-based solutions and involvement of high initial costs are key challenges that the market is witnessing. Owing to budgetary constraints and ROI concerns, the growth witnessed by the global dock and yard management systems market is compromised with to an extent. The market may also face hindrances due to lack of capabilities in scalability and system integration. Though recent technological advancements and the swiftly catching trend of bring your own device is expected to create lucrative prospects for the market’s growth in the coming years.

Also implementation of cloud-based solutions facilitates management of services such as reverse logistics, inbound execution, to-store management, outbound execution, cross docking, and value added services providing efficient warehouse, transportation, and inventory management. As businesses realize these benefits, they are more likely to shift install dock and yard management systems.

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Heat Seal Coating Market – Industry Analysis, Growth and New Market Opportunities Explored

The heat seal coating is used to seal the packaging, seal the products, and other thermoplastic materials with the help of heat. This can be processed making multiplayers of sealing to protect the products or even a single thermoplastic material must be present to provide the coating with the product. The heat seal coating is used to join two dissimilar materials or two types of similar materials with a thermoplastic layer included for it. The heat and high pressure are needed to apply the heat seal coating with at least a thermoplastic layer to the product. The heat seal coating is applied with the help of bar or heated die to provide heat so that sealing is done to attach the thermoplastic layer together.

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The heat seal connectors, plastic ports, film media, thermally activated adhesives, and foil sealing is done with the help of heat seal coating. In the LCDs, the heat seal coating is used to attach the PCBs with them. In the medical industry, the heat seal coating is used in devices used for the manufacturing of blood film. In the food and beverage industry, the containers used for collecting the samples and serve the foods are to be coated with heat seal coating.

Heat Seal Coating Market: Market Dynamics

The rising demand in the food and beverages industry is one of the major factors to rise for the growth of the heat seal coating market. The demand is due to the tight packaging required for the shipment of foodstuffs and the delivery taking too much of time can foil the food, hence heat seal coating gives the best solution to the issue. The demand by the customers to use the environmentally friendly materials in a different type of products will boost the growth of the heat seal coating market. This is due to the paperboard content used in heat seal coating and the reduction in the content of PVC. The trend to use the Sierra coating in the products has boosted the demand in the heat seal coating market. This is due to the increasing use of paperboard content in this type of coating. Also, the Sierra coating has been giving highest number of error-free results and is the most effective type of coating in the heat seal coating market.

Heat Seal Coating Market: Market Segmentation

The heat seal coating market can be segmented on the basis of product type, material type, and use type and on the basis of geography.

On the basis of product type, the heat seal coating market can be segmented into:-

• Solvent-based heat seal coating
• Water-based heat seal coating
• Hot melt based heat seal coating

On the basis of material type, the heat seal coating market can be segmented into:-

• Aluminum
• Plastic
• Paper and paperboard

On the basis of end-user type, the heat seal coating market can be segmented into:-

• Home and personal care
• Pharmaceuticals
• Automotive industry
• Food and beverages
• Electronics

 Heat Seal Coating Market: Regional Outlook

The heat seal coating market is segmented on the basis of geography into seven regions as Latin America, Japan, APAC, Western Europe, Eastern Europe, North America and MEA. The Asia Pacific region is the fastest-growing region in the heat seal coating market as the rise in disposable incomes in the region and the increasing e-commerce industry in the region. The developing countries In the Asia Pacific region such as China and India are estimated too highly increase in the forecast period in heat seal coating market. The North America is the leading vendor in the heat seal coating market owing to the technological advancement in the region. The Western Europe and Eastern Europe are also rising regions in the heat seal coating market. The MEA region is also rising slowly and is expected to increase in the forecast period.

Heat Seal Coating Market: Key Players

The prominent players in the heat seal coating market are:-

• Pharma packaging solutions
• Tekni plex Inc.
• Display pack Inc.
• Constantia Flexibles
• Bemis company Inc.
• The Dow Chemical Company
• Sonoco Products Company
• West Rock Company

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Top Lidding Films Market Size, Industry Trend and Forecast 2025

Top lidding films are an important component of foods packaged in a daily basis that needs to be oven or heated as desired by the customers. The top lidding films are used to provide the long life to the food items in the packaged box with top lidding films as well as maintain its purity and freshness. Consumers are more in demand to the processed food products rather than the normal food products of grocery. This makes the more demand to the top lidding films to the grocery products so that the food in the packaged films be fresher. The top lidding films are designed such that the puncture resistance of the films is high and the hotness of the food remains for a longer time. It is also to be sure that the top lidding films are designed such that the sealing of the films is of high property and the food items remain safe from harmful bacteria from the outside environment. 

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The films like dual ovenable lidding films are designed such that the food needs to be heated in an oven or microwave and the lidding film remains there on the food for its safety and protection. The breathable top lidding films are designed to maintain the freshness of food by maintaining the entry of CO2 and the release of O2 from the package.

Top Lidding Films Market: Market Dynamics

Changing consumer lifestyle along with increasing preference towards ready to eat food is driving demand for top lidding films as packaging material being used by all leading food manufacturers. The increase in foods products rise due to the advancement in the regions and the developing regions have led to the rising use of top lidding films in the market. The increase in the online retail sites and the rising use of online products has led to the growing use of top lidding films in the market. The consumer is more reliable to the online food products than the grocery products and the increasing campaign to use online retail sites has led to the growth in the top lidding films market. The rising use of online payments by the customers to save the time and money to reach the shops has also led to the driving factor in the top lidding films market. The trend to use the double oven top lidding films has also led to the rising demand in the market. This is due to the quality of the films to resist the heat while heating the packed food in oven or microwave has increased the demand for top lidding films in the market.

Top Lidding Films Market: Market Segmentation

The top lidding films market can be segmented on the basis of product type, material type, seal type, application type and on the basis of geography.

On the basis of product type, the top lidding films market can be segmented into:-

• High Barrier top lidding films
• Breathable top lidding films
• Dual Oven Able Top lidding films
• Specialty top lidding films

On the basis of material type, the top lidding films market can be segmented into:

• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polyethylene (PE)

On the basis of seal type, the top lidding films market can be segmented into:-

• Peel able Seal Top lidding films
• Permanent Seal top lidding films

On the basis of application type, the top lidding films market can be segmented into:-

• Meat Products
• Prepared Meals
• Dairy Products
• Frozen Food

Top Lidding Films Market: Regional Outlook

The top lidding films market can be segmented on the basis of geography into seven regions as North America, Western Europe, and Asia Pacific excluding Japan (APEJ), MEA, Eastern Europe, Latin America and Japan. North America is the growing leader in the market with the highest demand in the top lidding films market. The Europe is also the top leader in the market and has the rising demand in the market of Global top lidding films. The APEJ is rising in the global lidding films market and is expected to rise in the forecast period with the rising demand in the global regions.

Top Lidding Films Market: Key Players

The prominent players in the top lidding films market are:-

• Bemis Company, Inc.
• Schur Flexibles Holding GmbH
• Golden Eagle Extrusions
• TCL Packaging Ltd
• Multi-Plastics, Inc.
• DuPont Teijin Films
• U.S. Limited Partnership
• Clifton Packaging Group Ltd
• Sonoco Products Company
• Toray Plastics (America)
• Sealed Air Corporation

Top Lidding Films Market: Competitive Analysis

The top lidding films market is anticipated to grow due to the rising use of the products in the food and beverages industry. The growing demand for the online retail sites has made the manufacturers to design the top lidding films with the desired quality to give sustained demand to the customers. The rising use of double oven top lidding films has also increased the demand in the top lidding films market. The demand by the customers for the improvement in top lidding films to get fresher and warm foods in their delivery has also raised the demand 9in the top lidding films to have the growing sales in the market.

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Container Glass Market – Competitive Landscape & Technological Breakthroughs Analysis in Next Few Years

Materials used in the manufacture of container glass contain approximately 70% of sand, while chemicals and natural substances such as alumina and calcium make up the rest of the substances. Low amount of sodium oxide and magnesium oxide is used in a container glass. This makes container glass less susceptible to water erosion. The container glass market can be segmented based on type of glass, manufacturing process, product type, end-used industry, and region.

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Based on the type of glass, the container glass market can be segregated into borosilicate glass and soda lime glass. Borosilicate glass is prepared with silica and boron trioxide. It low coefficient of thermal expansion and cannot be recycled. Soda lime glass is prepared by melting sodium carbonate, silica, lime, aluminum oxide, and dolomite. Soda line glass accounts for almost 90% share of the total container glass manufactured globally. It is inexpensive and extremely workable. It holds major share in terms of volume and value.

Based on manufacturing process, the container glass market can be classified into blown glass process and tubing glass process. Under the blown glass process, which is also known as molded glass process, gobs of heated glass are directed to molding machines and air or gas is blown to obtain the shape of the mold. Blown glass can be sub-segmented into blow & blow process and press & blow process. The blow & blow process uses narrow containers where the parison is shaped by the compressed air. The press & blow process uses larger diameter containers, wherein the parison is shaped by pressing the glass against a blank mold. Tubing glass process is a continuous draw process where the heated glass is drawn by a drawing machine over a line of support rollers. The tubing glass segment can sub-segmented into Danner process and Vello process. Under the Danner process, the glass flows from furnace in the form of a ribbon. Under the vello process, the glass flows from a furnace into a bowl, which is then given a shap. The blown glass process segment is estimated to expand at a fast-paced CAGR during the forecast due to its wide application in glass bottle manufacturing.

Based on product type, the container glass market can be categorized into glass bottle, glass jars, glass vials, and candle glass containers. The glass bottle segment accounted for major share of the market due to the wide usage of glass bottles in food & beverage packaging, perfume bottles, and laboratory applications.

Based on end-used industry, the container glass market can be divided into cosmetics & perfumes, pharmaceuticals, food packaging, beverage packaging, and other products. Market share of the beverage packaging segment is increasing owing to the rise in use of alcoholic and non-alcoholic beverages.

In terms of region, the container glass market can be divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Currently, Europe is leading the market for container glass, followed by North America. This can be ascribed to the rise in demand for green and sustainable beverage packaging in these regions.

Glass containers do not fade or deteriorate. They also do not stain the product inside the container. Products inside the container have longer life and are safe, since glass is chemically inert to many substances. These properties are augmenting the container glass market. However, cheaper plastic containers are used as substitutes. This hampers the container glass market.

Key players operating in the container glass market are Owens-Illinois (the U.S.), Verallia (Germany), Consol Glass (Pty) Ltd (South Africa), Ardagh Group S.A.( Luxembourg), Saverglass Group (France), Amcor Limited (Switzerland), Hindusthan National Glass & Industries Limited (India), BA Glass (Portugal), Nampak Ltd ( South Africa), Wiegand-Glas ( Germany).

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