Bio-based Films Industry 2018 – Market Size, Overview, Competition Analysis, Company Profiles, Challenges and Risk

Bio-based films have a lower environmental impact as compared to the commercial films thus are becoming very popular. Bio-based films have a lot of potential for use in the packaging industry thus are garnering a lot of attention. Government support towards environment-friendly products and increasing awareness about bio-based films is fuelling the demand for bio-based films.

Market Overview:

Bio derived products are used to produce bio-based films and thus are bio-degradable.  Renewable raw materials are used to prepare bio-based films. For example, by-products from soy oil industry are used to prepare soy-protein based films and marine wastes are used to prepare chitosan and agar films. Proteins used for bio-based films are biodegradable, renewable and easily available. This is the reason why bio-based films are becoming widely popular. The most popular bio-based films are sourced from soy.

Apart from soy, zein obtained from corn and keratin obtained from low-value chicken feather are used for the preparation of bio-based films. Bio-based films with these components show good mechanical properties. Pea proteins are also being widely used for manufacturing bio-based films. Bio-based films made from pea proteins can resist UV light transmission because of the presence of amino acids such as phenylalanine, tryptophan, and tyrosine as well as the presence of disulfide bonds in the network.

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Increasing focus on packaging films made from bio-based sources such as proteins and polysaccharides has increased the demand for bio-based films. In the food industry, introduction of edible bio-based films has fuelled this demand further. Bio-based films are also finding a lot of application in the medical industry owing to their biocompatibility. Medical applications such as wound management, space filling implants and controlled drug release are making use of bio-based films. Owing to the widespread application in the medical field, Bio-based Films market is estimated to grow in the forecast period.

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Starch Based Plastic Market – Business Growth, Development Factors, Applications, And Future Prospects

Bio-plastics are obtained from different biomass sources, the most widely is used is starch, which is a natural polymer. Starch based plastic films are made up of starch alone are usually brittle and have low moisture barrier, so they are incorporated with different material. Starch based plastic finds wide applications in petroleum based polymers to create different composite materials which are then processed through extrusion or injection molding using standard machineries.

Among the variety of biodegradable plastic available, starch based plastic account for almost half of the market. Starch based plastics are used in the production of bags for recycling organic waste, hygiene products, packaging materials, in agriculture & biomedical fields. Moreover, starch based plastics are employed in the medical industry owing to its enhanced non-toxicity, biocompatibility, better mechanical properties, and degradation properties as required.

Starch based plastics are environment friendly as they reduce the carbon footprints of traditional resins. Starch based plastic can act as a substitute for petroleum based polymers. The starch based plastic also finds application in agricultural where it is used in mulch films in order to prevent the loss of humus and provide appropriate carbon. Starch based plastics are highly bio degradable that is, it can be used along the compostable polymer without affecting its degradation process.

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With the increasing demand in agricultural industry, as starch based plastic enhances sustainability and lower soil contamination. Rapid growth in the global economy; increase in disposable income are the factors contributing in the growth of bioplastic industry which in turn will increase the starch based plastic market. Also rise in usage in pharmaceutical and medical applications such as in space filling implants, controlled drug release and wound treatments contribute to market growth of starch based plastic.

Starch based plastic have good tensile strength and heat tolerance as compared to its alternatives which drives the demand in the starch based plastic market. Since the bioplastics are used in increasing number of markets such as packaging, consumer electronics, catering products automotive, agriculture and textiles to toys which escalates the starch based plastic market globally.

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Bioplastic Packaging Market – New Innovations, Application, Recent Technology Updates & Forecast

Bioplastics are primarily a biodegradable group of polymers that can be manufactured from renewable sources. Conventional plastics are increasingly becoming unpopular due to the fact that they can last for a very long time, can be hazardous to current life and the ecosystem in general, and rely heavily on the oil and gas industry for raw materials. Conventional plastics are used in nearly all industries as material for casings, electronics, packaging, and many other products. This high volume of products made out of materials that will not be degraded for centuries is creating a high level of concern, especially in developing economies, and emerging ones are swiftly following suit.

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Statistics show that plastics are currently the third most commonly used byproducts from the oil and gas industry and the global consumption rate of plastics has crossed 200 mn tons per year. Several countries are banning the use of conventional plastic bags. Massive deposits of plastics in the ocean are responsible for the large scale death of marine and aerial species due to either ingestion or by getting stuck in them.

Nations, individuals, and private agencies are protesting very strongly against the large scale use of plastics, while promoting the use of biodegradable plastics, or bioplastics. Bioplastics can be manufactured from naturally occurring polymer chains in agricultural waste, potatoes, corn starch, and cellulose. These plastics are completely biodegradable, have a far shorter lifespan than conventional plastics, and are already in large scale use in healthcare and pharmaceuticals, packaging, textiles, and agriculture.

Global Bioplastic Packaging Market: Overview

Plastics have widespread applications across just about every imaginable human endeavor, and the packaging industry is a prime example. Plastics are among the most commonly used packaging materials today. Their high durability, eponymous plasticity, poor thermal and electrical conductivity, and impermeability to water have made the use of plastics essential in the packaging industry.

Unfortunately, most plastics are manufactured from petrochemicals and are thus synthetic and nonbiodegradable. This has caused one of the most pressing environmental issues of today: Plastic waste. Plastic doesn’t degenerate into the soil when discarded, and can cause soil pollution as well as posing a major threat to the health of any animals that may happen to consume it. Due to the close association of plastics with food packaging, many animals are attracted to plastic waste due to the presence of leftover food or a scent. Due to the insolubility of plastics in water, plastic waste also poses a threat to marine life.

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Bioplastics have been developed to eliminate the problems caused by conventional plastics. Bioplastics are made from biodegradable feedstock, which means they can degrade into the soil like any other organic matter. The global market for bioplastic packaging has been driven by the rising awareness among the global population about the adverse effects of conventional plastics, which has led to both consumers and regulatory bodies opt for bioplastics instead. Bio-PET and polylactic acid are the major types of bioplastics used for packaging around the world.

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Rigid Plastic Packaging Market – Report Perspective with Study of Leading Players

Rigid plastic packaging, as the name suggests, solely involves the usage of plastic material; it has a relatively inflexible shape or form. The global rigid plastic packaging market has exhibited considerable growth during the past few years, driven by the various beneficial properties of rigid plastic packaging, such as it is light weight, supple, and durable. Besides, rigid plastic packaging keeps the goods safe for a long period of time.

Moreover, the changing lifestyle and increased consumer spending on packaged goods are factors attributed to the expected growth of the global rigid plastic packaging market over the forecast period. Due to the rising environment concerns, there has been a rise in demand for recyclable products, thus paving the way for the foray of various recycling infrastructures for plastics, which in turn is propelling growth of the market for rigid plastic packaging.

Rigid plastic packaging is used in various industries such as food & beverages, pharmaceuticals, and personal care, among others. The growth witnessed in these industries, in turn, is further propelling growth of the market for rigid plastic packaging. Overall, the global rigid plastic packaging market is expected to expand at a single digit CAGR over the forecast period.

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The rigid plastic packaging market is driven by the increasing demand from the food and beverages industry, which is one of the prominent end users of rigid plastic packaging. The eating habits of consumers globally are changing as the consumers are increasingly opting for packaged foods, which in turn is further driving growth of the market for rigid plastic packaging. However, the non-biodegradable properties of rigid plastic packaging have been observed to have a serious impact on the environment, which can pose as a restraint for growth of the rigid plastic packaging market over the forecast period.

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Plastic Packaging Pallet Stretch Wrap Machines Market – Industry Analysis, Growth and New Market Opportunities Explored

Plastic packaging is one of the most crucial parts of the manufacturing industry, be it food and beverages, consumer goods, or pharmaceuticals. Safe transportation of manufactured goods has always been the priority in all the sectors, so as to deliver unharmed and perfect condition products to the customer. Prior to plastic packaging pallet stretch wrap machines, wood and glass based products were used. However, these products being strictly rigid, would harm the cargo or the goods, which would lead to significant monetary loss. As an economic alternative, use of plastic stretch wraps gained momentum.

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Pallet stretch wrappers machines wrap a stretched film of plastic around a loaded pallet and provide extra support to products being stored and transported, and also protect them from tipping, spilling, or from being damaged. The plastic packaging pallet stretch wrap machines market is being driven by strong demand from the foods, beverages, and pharmaceuticals industry. The companies have a crucial focus over all the processes and aim at reducing the overall time to deliver more products. Thus, manufacturing companies have now started opting for automatic plastic packaging pallet stretch wrap machines with variable turn speed and revolution for quick wrap and dispatch.

The plastic packaging pallet stretch wrap machines market is segmented on the basis of application, automation type, and material type. With innovation in the packaging materials, alternate materials are being utilized for efficient packaging. By application type, the plastic packaging pallet stretch wrap machines market is segmented into food and beverages packaging, consumer products, electrical and electronics, personal care products, pharmaceuticals, and other industrial goods.

Plastic packaging pallet stretch wrap machines market is also segmented on the basis of automation into manual, semi-automatic, and fully automatic. Furthermore, the plastic packaging pallet stretch wrap machines market is also segmented on the basis of wrapping orientation into vertical, horizontal or customized.

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Meanwhile, the plastic packaging pallet stretch wrap machines market is also segmented on the basis of regions into North America, Latin America, Western Europe, Eastern Europe, APAC, and the Middle East and Africa (MEA). In terms of geographical demand for plastic packaging pallet stretch wrap machines, APAC region is the biggest contributor in terms of demand and supply. The high demand in the region is attributed to the significant demand from food & beverage and manufacturing industries.

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Plastic Vials and Ampoules Market – Forthcoming Developments, Business Opportunities & Future Investments

Plastic vials and ampoules are small plastic containers and are used especially for storing pharmaceuticals and chemicals that must be protected from air or contamination Plastic vials and ampoules are generally thin-walled plastic or glass containers, which are filled and sealed by either pull sealing or tip sealing. Plastic ampoules are usually opened by snapping of the upper neck of the container. Moreover, ampoules are filled with inert and non-reactive gases to avoid chemical/liquid spill while opening.

Some examples of chemicals sold in plastic vials and ampoules include air sensitive reagents, hygroscopic materials like deuterated solvents, injectable pharmaceuticals etc. Furthermore, plastic vials and ampoules are color coded at the neck to facilitate the user in identifying the chemical/liquid contained inside it. Moreover, these codes are machine readable codes which facilitates in accurate handling of the substance especially for labelling, secondary packaging and storage purposes.

Global Plastic Vials and Ampoules Market Dynamics:

The global plastic vials and ampoules market is mainly driven by increasing use of sealed ampoules in pharmaceutical industry, food and beverages industry and chemical industry. Moreover, increasing demand for safer transportation of reactive liquids is fuelling the growth of the market. However, presence of electrostatic charge in plastic vials may attract/react with the contained liquid and in turn may limit the growth of the market.

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The global plastic vials and ampoules market can be segmented on the basis of material type, end-use industry, product type and region. On the basis of material type, the market can be segmented into thermo-plastic and thermosetting type. Thermo-plastic segment can be further sub-segmented into polypropylene, polycarbonate, polyamide, polystyrene, PVC and polyethylene.

On account of product type, the market can be segmented into one point cut ampoules, flat based and constricted neck ampoules, ceramic printed ampoules, flame cut ampoules, closed ampoules and ampoules with color break band & identification bands. On the basis of region, the global plastic vials and ampoules market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Asia-Pacific excluding Japan and Japan.

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GaAs Wafer Market – Business Strategies, Revenue Generation, Market Shares & Latest Development

Gallium Arsenide (GaAs) is a semiconductor compound of two elements, Gallium (Ga) and Arsenic (As) of which Gallium is rare and Arsenic is poisonous. Gallium is a bi-product produced after smelting of aluminum and zinc. GaAs is used in a variety of applications including manufacturing of LEDs, laser diodes, solar cells, monolithic microwave integrated circuit (MMIC), wireless communication, etc. owing to its several advantages such as very high electron mobility, wide temperature operating range, high thermal stability, and low noise among others.

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Thus, GaAs wafers are well suited for ultra-high radio frequency and fast electronic switching applications. It is also used as a substrate material for epitaxial growth of other semiconductors such as aluminum gallium arsenide, indium gallium arsenide, etc.

The key factor driving the growth of the GaAs wafer market includes increasing 4G and 5G networks across different countries in the world. Since the use of 2G and 3G mobile networks has significantly dropped, 2G networks are being shut down, thus compelling the remaining 2G/3G users to shift to 4G and 5G services. In GaAs, the velocity of electrons is faster than that of silicon; thus, it supports higher electric fields and electron velocity.

Also, its intrinsic carrier density is lower than that of silicon, thus providing a better signal to noise ratio. Moreover, it is comparatively insensitive to heat as compared to silicon, thus offering high thermal stability. These properties make it suitable for use in power amplifiers for very high speed signal transmission. Thus, the increasing adoption of 4G and 5G mobile networks is driving the GaAs wafer market.

The restraint affecting the GaAs wafer market include its high production cost. Besides, it does not grow a native oxide as silicon oxide (SiO2). Despite these restraints, it is expected to be widely used owing to its numerous advantages and important applications such as mobile devices, photovoltaic devices, and optoelectronic devices.

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Opportunities anticipated to boost the GaAs wafer market include its increasing demand from smartphone manufacturers. GaAs based transmitter in smartphone is more efficient than silicon and extends battery life. GaAs wafers can also meet specialized demands in cellular terminals such as carrier aggregation, multiple input and multiple output (MIMO) antenna techniques, etc. Moreover, GaAs components can easily house the requirements of 4G and 5G networks. Furthermore, high replacement cycles of smartphones are expected to add to the opportunities for GaAs wafers in the forthcoming time. Apart from the opportunity in smartphones, properties such as high efficiency and radiation damage resistivity are making GaAs wafers desirable for space applications.

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