Tuesday, 12 March 2019

Future of Lithium-ion Battery Market: Demand, Technologies and Investments

  March 12, 2019    No comments
Lithium-ion Battery are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity. The global lithium-ion battery market is anticipated to grow with a significant rate between 2016 and 2024. The rising demand for electronic devices and the stringent government regulations to control pollution level are expected to drive the lithium-ion battery market during the forecast period.

The lithium-ion battery market is foreseen to grow notably during the span of forecast period, as these batteries offer benefits, for example, higher productivity and longer life expectancy opposite different batteries. Quick development in the consumer electronics sector and a rising inclination toward renewable clean energy in automobile segment are likely to drive the lithium-ion battery market in the coming years.

As far as application is concerned, the lithium-ion battery market is categorized into automotive, consumer electronics, and industrial and grid energy. Consumer electronics is anticipated to be the major segment of the global lithium-ion battery market in the forthcoming years. In terms of power capacity, the lithium-ion battery market is divided into 48– 95 Wh, 5– 25 Wh, 18– 28 KWh, over 300 KWh, and 100­– 250 KWh. Regarding value, 5– 25 Wh lithium-ion battery, which is principally utilized in cell phones, is assessed to be the key fragment of the lithium-ion battery market during forecast period, representing an share of over 30% back in 2015.


The global lithium-ion battery market is expected to expand at a CAGR of 11.6% during 2016 to 2024, with an evaluation if worth US$29.68 bn in 2015 and is anticipated to achieve US$77.42 bn by the end of 2024.

Increased Usage in Energy Storage Devices to Fuel Demand

The increasing popularity of lithium-ion batteries in energy storing devices, for example, solar grids in industrial and household unit applications is foreseen to give extensive development chances to the market. In any case, the less awareness with respect to the advantages of these batteries and the high expense contrasted with traditional lead acid batteries may hamper the development of this market. In any case, attributable to market saturation in a few regions, the interest for high power capacity batteries for vehicles has picked up the pace.


As per the report by TMR, the segment of automobile is likely to pick up a critical share in the lithium-ion battery market before 2024. The rising use of these batteries in HEVs, EVs, and BEVs has fundamentally helped the segment and this rise is credited to the rise in awareness among customers and vehicle makers as well in regards to the advantages of clean fuel.
Read More

Rising Number of Waterborne Diseases Stoke Demand in Bottled Water Packaging Market

  March 12, 2019    No comments
Packaging plays an important role in protecting food and beverages and avoiding waste. Bottled water packaging helps in maintaining the unique specificities and original purity of natural mineral water. Such packaging ensures water to remain microbiologically safe and pure. Bottled water is mainly drinking water, which is generally packaged in plastic bottles and regulated by national agencies. Bottled water packaging is mainly used to store for easily transporting to the required site. Bottled water has become one of the extensively used consumer products in the globe. Such USPs are driving the global bottled water packaging market.

Bottled water is available in the market in almost everywhere in different sizes. This water packaging is considered safer than tap water. Several manufacturers in the global bottled water packaging market are focusing on enhancing their distribution channel to reach to a large number of audience. Such factor is projected to propel the growth in the global bottled water packaging market. Along with this, rising contamination in natural drinking water resources, increasing number of waterborne diseases worldwide, and rising pollution level in water bodies are the major factors fueling demand in the global bottled water packaging market.

Awareness Regarding Health Benefits of Consuming Safe Water to Boost Market

Rapid lifestyle changes in developing economies, rising disposable income, and rising awareness about health benefits of drinking safe water are the factors propelling growth in the global bottled water packaging market. Apart from these, rising demand for new packaging solutions an innovative designed bottles are also fueling demand in the global bottled water packaging market.

Request a PDF Brochure With Future Analysis@ 

Furthermore, rapid technological advancements, easy availability and other conveniences provided by bottled water to foreigners and travelers, and rapid growth in packaging industry are the factors boosting growth in the global bottled water packaging market. Rising expenditure of market players on marketing and branding activities is also supplementing growth in the global bottled water packaging market.
Read More

Flexible Packaging Market Marches On With Innovation amidst Growing Concern

  March 12, 2019    No comments
Flexible packaging industry is a supporting arm of the retail and consumer goods industry. Flexible packing products are made from elastic materials, mainly plastic to easily fill a wide range of different products comfortably. These products in the flexible packaging market include bags, wraps, stretch films, trash bags, etc.

Currently, the flexible packaging market is a mix of lucrative opportunities and a few worrisome trends. Increasingly stringent environmental regulations are constricting plastic bag sales and pose a challenge to the growth of the flexible packaging market. On the other hand, innovations like advancements in printing are allowing flexible packaging market to reach greater heights.

Some notable developments in the market are mentioned below:
  • Uteco Converting, a global manufacturer of printing machines recently signed an agreement with Kodak. The agreement allowed Uteco to purchase Kodak’s advanced inkjet printing systems. These printing system promises to showcase new prospects for the flexible packaging market.
It features mainstream commercial application for printing and packaging with 600 x 1800 dpi resolution and manufacturing speeds of 150m/minute. Additionally, it offers higher resolution, additional detailing, and clean lines for labelling and promotions. Moreover, it will allow retailers and brands to use water-based inks on both paper and plastics. This acquisition promises rewarding opportunities for end-use industries reliant on flexible packaging market for promotions.

  • Uflex, a flexible packaging company based in India has introduced a new packaging recycling solution, which consists of using Multi-layer Packaging (MLP) waste is recycled into pellets. The recycling machine enables production of various products such as floor tiles, benches, and ladders through recycled pallets. The machine can clock 400 meters per minute.
Read More

What Is Specialty Paper & Why Is It Special?

  March 12, 2019    No comments
The global specialty paper market focuses on end-user uses, product attribute and characteristics, and market size. There are many variations of paper to opt from; Let‘s start with the features that define “Specialty Papers.”

Features of Specialty Paper
  • Unique combination of features
  • Unique differentiated product
  • High margin and cost effective
  • For a specific product, few producers and customers
  • In aggregate, many producers and customers
  • Unique coatings
  • Small volumes
The paper becomes “specialized”, when a coating is applied to the base paper. There are times when coatings of silicone are applied on both sides of paper. The end-user uses paper of particular market dictates the type of paper and coating that might be need. Specialty papers are useful in distinct ways to enhance the function, processing, or decoration of another product. A typical example of specialty paper used for medical bandage is reapplied and removed from the skin. This is done several times without causing discomfort.

Geographically, Europe is leading the global specialty paper market. The use of electronic labels like NFC and QR code technology is rising demand in Europe, as it allows anti-counterfeit and security functions by confirmation.


What End Users are Looking For ?

The combination of a specialty paper with an adhesive that allows for a certain release level or slip has been a growth area for several years. This combination has led to small paper converters and independent sales representatives working closely with customers to design these offerings. Often large mills lack the ability to help a client in quick fashion and create a new solution.

There are properties that can affect cost or paper is wet strength, graphics, thermal stability, and oven-ability. These properties can influence to find that balance between performance and. There are so many superb substitute in the specialty paper market to research and review in the forthcoming years.
Read More

Benefits of Recycled Paper Packaging to the Environment

  March 12, 2019    No comments
Most if not all firms are seeking for recycled paper with their packaging currently. Aiding the environment is one advantage of using recycled paper packaging. However, the truth is using recycled paper packaging products need fewer materials. This is giving better results and more sustainability.

Recycled paper packaging works on eco-friendly approaches. These approaches require huge amount of energy for manufacturing traditional packaging materials. These materials are plastic, paper, and cardboard.

How can Recycled paper Packaging Benefit the Environment and Economy?

Recycled paper packaging has recently become a quickly rising trend. By shifting to recycled paper materials, the customer’s demand also rises for recycled papers a supplier. As stated by a recent study, almost 73% of people stated their firms give extra importance and attention to lighter packaging, as it reduces the transporting and packaging costs.
  1. Reduces Your Carbon Footprint
  1. Easy Disposal
  1. Biodegradable
  1. Versatile and Flexible
  1. Improves Your Brand Image
  1. Reducing Shipping Costs
  1. Can Help Save Money
  1. Expands Your Customer Base
  1. It Can Be Reduced, Reused and Recycled Sustainably

Geographically, Europe is projected to lead the global recycled paper packaging market in the forthcoming years. Japan and North America is projected to observe steady growth for recycled paper packaging market in the upcoming years. Asia Pacific has the potential for the recycled paper packaging market, as it has heavily populated regions & untapped market. Application of environment-friendly guidelines in the area can increase the demand for recycled paper packaging market. 

One of the fastest growing markets for recycled paper is the food-service market. With the improving economy, the market for food service will start to grow more, and that couples with rising consumer awareness of solid waste and litter caused by discarded plates and glasses will drive the demand for recycled paper. Market players are operating this market, owing to pressure from governments and various environmental groups keeps growing.
Read More

Food Packaging Market | Profitable Business Industry to Invest In

  March 12, 2019    No comments
Advantages & Disadvantages of Food Packaging

The increase in need for food packaging across the United States has produced a debate on its advantages and disadvantages. Some of the pertinent issues are hygiene, toxins in packaging, environmental effects and consumer protection. Packaging has both negative and positive effects. However, information on these effects will help raise consumer awareness and help them choose packaging that is safe both personally and environmentally.

Hygiene

Food packaging helps in the hygienic transportation and storage of various foods and drinks. Packaging reduces exposure to contaminants in the air and bacteria during handling, which can lead to illness — including food poisoning. However, there are concerns about the use of recycled material for food packaging. The U.S. Food and Drug Administration have strict regulations to ensure hygiene and safety among manufacturers using recycled material.

Shelf Life

Different packaging helps prolong the shelf life of various foods and drinks. For example, plastic allows you to modify the air while packaging, which helps prevent discoloration and prolongs the item’s shelf life. Glass and metal containers also use this method to keep food fresh for longer. Additionally, the use of clear plastic and glass helps you identify any discoloration of food before purchasing.


Environment

According to Duke University researchers Patrick Reaves and Michael Nolan, consumer-packaging accounts for the largest amount of plastic and paper waste, which forms 20 percent of all landfills. Disposing food packaging reintroduces waste into the ecosystem, which has negative effects. Chelsea Rochman from the University of California at Davis explains that a majority of the waste is dangerous.

Cost

Food packaging increases the cost of food. According to The Site, packaging may account for 10 percent to 50 percent of the prices of food items. The need for smaller packaging that meets federal and health standards further increases the production cost, which manufacturers transfer to the consumer. Additionally, the storage and transportation of food in smaller packaging is more costly than in bulk.
Read More

Global Sustainable Packaging Market to Expand as Environment Conservation becomes a Priority

  March 12, 2019    No comments
The demand within the global market for sustainable packaging has been rising on account of advancements in the field of recycling and material reuse. Sustainable packaging involves the use of packaging materials that can be easily recycled and reused, and cause minimal damage to the environment. This in turn results in improved sustainability of the packaging materials, and contributed towards environment conservation. Sustainable packaging also involves life cycle assessment and life cycle inventory mechanisms in order to manufacture environment friendly packaging materials. Furthermore, the easy availability of sustainable packaging materials is also a key consideration for market growth. It is prognosticated that the global market for sustainable packaging would expand at a stellar rate in the years to come. 

Government Regulations to Propel Demand

The global market for sustainable packaging is projected to expand at a stellar rate in the years to come. This essentially owes to the stipulation of strict laws with regard to goods packaging by the government. Moreover, companies and organisations, in their quest to heed to their corporate social responsibility, are using sustainable packaging. Hence, the cumulative demand within the global market for sustainable packaging is projected to increase at a stellar rate in the years to come. 


Growth of the Northern American Market

The market for sustainable packaging in North America is growing at a stellar rate due to advancements in the field of environmental sustainability. Several public and private sector initiatives have been taken to ensure a more pleasant and waste-free environment. This factor has played a pivotal role in enchanting the growth prospects of the regional market.
Read More

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...