Paper Straws Market to be the Fastest Growing Industry by 2026

Transparency Market Research delivers vital insights on the paper straws market in its report titled “Global Industry Analysis, Size, Share, Growth, Trends, Historical Analysis 2013-2018 and Forecast 2019-2027.” In terms of value, the global paper straws market is projected to expand at a CAGR of 13.8% during the forecast period.

Paper straws are single-use disposable products manufactured from raw materials such as virgin kraft pulp and recycle paper. Due to its compostable, biodegradable, and recyclable nature paper is one of the best alternatives to plastic. In the report, TMR proposes that the foodservice end-use segment is expected to drive the paper straws market during the forecast period. The increasing number of food outlets across the globe is boosting the growth of the foodservice industry substantially. Besides, the rising demand for eco-friendly foodservice disposables is likely to offer enormous growth opportunities for the global paper straws market during the forecast period.

Governments Supporting Sustainable Drives by Introducing Reforms Favorable for Non-Plastic Goods

North America is a significant shareholder of the global paper straws market and is expected to expand with a noteworthy CAGR during the forecast period. Due to the saturation of plastic waste, and the subsequent harm to the environment, the US. government has taken an initiative to ban the usage of single-use plastic straws. Also, the consumer demand for eco-friendly straws, which are hygienic and single-use, is expected to drive the growth of the paper straws market during the forecast period. The US is expected to be highly attractive in terms of market share and growth rate of paper straws during the forecast period, owing to a vast consumer base and robust growth of the foodservice industry.

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Increasing government reforms and campaigns to ditch plastic straws and the rising awareness among consumers regarding its environmental impact are likely to generate substantial growth opportunities for paper straws during the forecast period. Also, initiatives of various brands to ban plastic straws in Europe, such as Marriott UK, Starbucks, and others are expected to push the growth of the paper straws market during the forecast period. U.K and Germany are together expected to hold more than 1/3rd of the European market share by the end of the forecast period. Overall, the European paper straws market is anticipated to expand with a notable CAGR during the forecast period.

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Compliance for Medical Kits at Workplaces is Expected to Create a Lucrative Opportunity for the First Aid Kit Packaging Market

Transparency Market Research provides key insights on the first aid kit packaging market in its published report, “First Aid Kit Packaging Market: Global Industry Analysis, 2013 – 2018 & Opportunity Assessment, 2019 – 2027.” In terms of market value, the global first aid kit packaging market is estimated to expand at a CAGR of 4.0% over the forecast period, owing to numerous factors, about which TMR delivers thorough insights and forecasts in this report.

First aid kit packaging is used as a unitizing container for first aid accessories or supplies which are necessary during medical emergencies that occur at workplaces, while travelling, or during sporting. First aid kit packaging is made up of plastic, metal, glass, or fabric (cotton). First aid kit packaging finds applications in various industries such as building and construction, offices, military services, automotive, sports and adventures, household, and manufacturing industries. First aid kit packaging is designed on the basis of portability and mounting requirements.

The global market for first aid kit packaging has been segmented on the basis of material, product, packaging type, and end-user base.

The demand for first aid kit packaging increases due to the need for different packaging formats at economic costs. Country-wise regulations and compliance standards are acting as drivers in material-level and product-level developments in the first aid kit packaging market.

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This report evaluates the trends that are fueling the growth of each market segment on the worldwide level and provides potential takeaways that are beneficial for potential market entrants in the first aid kit packaging market.

The North American first aid kit packaging market includes a country-level analysis for the United States and Canada. Canada is projected to witness a sluggish growth rate as compared to the United States first aid kit packaging market. The automotive industry is anticipated to be the largest consumer of first aid kit packaging owing to stringent compliance from government authorities.

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Data Protection as a Service (DPaaS) Market – Growing Number of Cyber Security Threats Globally Driving the Market

The global data protection as a service (DPaaS) market was valued at US$ 6,716.8 Mn in 2017 and is expected to expand at a CAGR of 30.7% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Data Protection as a Service (DPaaS)Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” North America is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 25%. The global Data Protection as a Service (DPaaS) market is mainly driven by growing stringent government regulations for IT security and digitization within enterprises.

Growing stringent government regulationsand growing number of cyber security threats globally driving the market

With the growing popularity and adoption of cloud computing services, organizations of all sizes are looking to grab advanced cloud features in order to deliver highly scalable solutions and manage their operations. The rising demand for cost effectiveness and disaster recovery are currently identified as the key reasons for the growth of the DPaaS market across the globe. Additionally, demand for cloud computing services, such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) is paving the way for the DPaaS market.

The global Data Protection as a Service (DPaaS) market is currently challenged by the lack of appropriate security tools and budget constraints for cloud users. Many organizations willing to back up their processes and systems on the cloud in the event of a disaster are faced with the complexities of doing so. The existing IT/system infrastructure of organizations is too complex to be replicated onto the cloud and at later stages, becomes too difficult to be retrieved.

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Growing adoption of hybrid cloud solutions playing a crucial role in the expansion of the market

The Data Protection as a Service (DPaaS) market can be segmented based on deployment model, services, enterprise size, industry, and region. The deployment model segment is classified into public cloud, private cloud, and hybrid cloud. The services segment includes Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Storage as a Service (STaaS). The enterprise segment includes large enterprises and small & medium enterprises (SMEs). The industry segment includes BFSI, Telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others (aerospace & defense, travel & hospitality). Hybrid cloud is predicted to be the fastest growing segment of the DPaaS market. The segment is expected to emerge as a key milestone on the roadmap of IT as more enterprises plan to make it a part of their IT strategy.

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Automotive Cup Holder Market – Future Trends and Analysis by TMR

Globalization has transformed the automotive industry throughout the globe, with continuously heaving competition amongst automotive vendors. Development of automotive cup holder is one of the important innovations because of the growing consumption of beverages while driving which have ensued in the automotive industry, in recent years.

Various automotive cup holder designers have provided technologies and styles to hold the beverages, but at high speeds and tough roads, it is difficult to keep the beverages from spilling out. One of the latest technologies used by Maksimatic in the automotive cup holder market was to provide a 360-degree spinning cup holders which can adjust according to the road settings. Apart from providing a spin to the cover, this technology also provides a spin to the liquid inside which keeps it away from falling. 

This technology was tested and gained popularity among the consumers. Apart from providing a spill free holder consumers are also looking for the temperature control automotive cup holder which keep their drinks hot or cold as per the requirement. This is achieved by using certain thermostatic materials at the bottom which are used in the thermos, and they maintain the required temperature.

Accessories in automobiles are essential nowadays. It is important for designers to put their efforts on the interiors of the automobiles, as the consumers have started spending their money for comfort and efficiency. Automotive cup holder market has started gaining popularity because of the growing consumers, and their need of holding their beverages in the vehicles.

Automotive cup holder seems like a simple accessory in the automobiles, but the technology and the ideas used for providing a spill free cup holder is difficult. Due to the growing urbanization people have started taking decisions on buying automobiles not only on the basis of speed and fuel efficiency but also by the looks, interiors, accessories and the technologies which are provided in the automobile. The automobile cup holder market is expected to grow with a decent CAGR in the forecast period.

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The automotive cup holder market is driven by the looks and the comfort it provides to the consumers. Customers are looking for innovative designs and colors with the technologies incorporated to make automotive cup holder. Automobiles have started providing various automotive cup holders which have gained customers interest in buying those vehicles.

There are few big companies which still believe that automotive cup holder should not be incorporated in the automobiles as the drivers may lose their control and accidents may happen. One such company is Ferrari which believes that they provide such high speeds to the customers in which the driver’s concentration should be on the wheels, and there is no need of adding cup holders in their vehicles, which is a challenge faced by manufacturers in the automotive cup holder market.

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Automotive Grille illumination Market – Emerging Players, Sourcing Strategy and Downstream Buyers To 2025

The rising consumption of automobiles and the changing lifestyle of consumers have increased the market share of car accessories resulting in an increase in the automotive grille illumination market. Primary function of the grille is to provide a gateway for air to maintain an absolute temperature of vehicles. Apart from its function of being a coolant, look of automobiles also plays an important role from the consumer’s point of view. As automotive grille illumination structures are applied in the front of every vehicle, so they are designed in such a way that enhances the exteriors of the automobiles.

Automotive grille illumination market is expected to grow with a high CAGR in future because of the kind of style statement it provides apart from its principle operation of letting air inside to maintain the temperature of the vehicle.

Many big brands have used automotive grilles by putting their brand names on it. For example, Jeep has a 7 bar grille style, Rolls Royce grilles are hand designed with such precision that they appear perfectly vertical. Mercedes Benz is known for its famous star sign which is applied on the grille with a LED on the edges which glows. Porsche which is a big manufacturer of air cooled cars has minimized the importance of grilles and are keeping with their heritage.

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The pattern and orientation of bars in the grilles are different. Some cars have horizontally or vertically oriented bars while others have the cross-hatched bars pattern. Custom made grilles are also available depending on the choice and demand of the customers.

Increasing demand for the automobile accessories, growing consumer spending on these products and rising vehicle consumption in the younger generation are the key drivers in increasing the growth of automotive grille illumination products.

The growth of the automobile industry and the increase in the sales of passenger cars, trucks, etc. are further likely to increase resulting in developing opportunities for the automotive grille illumination manufacturers.

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The biggest challenge of automotive grille illumination market is the availability of inferior products especially in the Asian regions which has hampered the growth of automobile grille illumination market. Also, cheap alternatives are available in the automotive grille illumination market. People having low disposable income are not willing to spend more on the vehicle accessories, such as automotive grille illumination. This has been the biggest restraint of the automotive grille illumination market.

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Ball float valve Market is driven by Increasing Investments in the Power Generation Industry

A ball float valve is used to prevent the flow of liquids. At the point, when liquid level reached a certain level, the ball starts moving up and it lids the vent line opening which will automatically stop liquids from reaching up to the vent line. Floating ball manufactured as the relatively economical valve and a common sort of Ball float valve. The floating balls are not fixed to the stem, so some freedom is available.

The energy & power segment register comparatively high share of the overall Ball float valve. Ball float valve are used in numerous purposes in power generation infrastructure including discontinuing and beginning the flow of the liquid, controlling flow, increasing flow or reducing, and regulating processing pressure or flow or relieving a pipe system from a definite pressure. Further, increasing investments in the power generation industry will drive the overall growth of Ball float valve market.

Ball float valve market: Drivers & Restraints

The need of Ball float valve is because of their excellent ease of operation, strong development, and long support life. They are also used because of their ability to operate without side loads, and it does not require any lubrication. Ball float valve maintain and manages great volume, high-temperature flow, and high pressure. Ball float valve usually fail in the on position for one simple reason, liquid leaks into one of the floats over time thereby increasing its weight, it no longer floats and so doesn’t deactivate the switch.

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The pump keeps running, and the tank overflows. Floating Ball float valve are fire safe which is designed with precision. However, above listed are the reason why floating Ball float valve are used in wide range of industry verticals.

Ball float valve market: Market Segmentation 

The Ball float valve market is segmented into three parts based on the product types, material type, and size of ball float valve, end user industry, and geography. Further, regarding end use, the demand for increasing number of construction of nuclear power stations and the rising demand in industries such as oil and gas and the chemical has boosted the growth and demand of ball float valve in upcoming years.

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C Frame Gauge Market – Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2025

Innovative development in the field of thickness and profile measurement technology has enabled the C frame gauge market. Increasing automation and continuous improvements in production in the ferrous and non-ferrous industries have raised the demands and increased the C frame gauge market share. Apart from giving strength, C frame gauges provide accuracy, flatness, and surface quality. C frame gauges are used to measure width, diameter, length, thickness, profile, flatness, and other hot and cold characteristics.

Market Overview:

C frame gauging systems are used in hot and cold mills where materials like steel, aluminum, and other ferrous metals are used. These systems consist of a measuring system and a computer system which is equipped with certain software which can be used to store and share the data generated by these gauges. This software is also used to maintain a proper check on the measuring process. C frame gauge market is expected to grow at a high CAGR in the forecast period.

Market Dynamics:

The major driving force for the C frame gauge market is the variety of products which it offers. Apart from this, C frame gauge systems are calibrated with such precision that they give accurate measurements. They are also made up of materials which are non-reactive and which does not cause any harm to the materials or sheets which are inserted in it.

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On the basis of geographies, C frame gauge market is divided into 7 key regions; the Middle East and Africa, North America, Asia Pacific excluding Japan, Latin America, Eastern Europe, Japan and Western Europe. C frame gauge market is highest in North America because of the growing industries which require proper calibration and measuring devices. C frame gauge market is highest in the US because of the growing R&D centers in the country.

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