Thermoforming Packaging Represents an Effective Solution for Pharmaceutical Applications

The report published by Transparency Market Research, “Thermoforming Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” states that Asia Pacific thermoforming packaging market is expected to expand in market size owing to industrialization and increased consumer spending on processed food and consumer products.

The global thermoforming packaging market is projected to grow at a CAGR of 6.3% during the forecast period and expected to reach US$ 82.0 Bn by 2027. The global thermoforming packaging market is anticipated to offer the most promising opportunities for manufacturers, owing to the increasing demand from pharmaceuticals, food services, and electrical & electronics industries.

The evolving food industry and requirement for sustainable packaging are anticipated to be the crucial drivers for the growth of the global thermoforming packaging market. Asia Pacific is expected to be a lucrative market place for thermoforming packaging in terms of demand. Entry of new players in the manufacturing stream is becoming beneficial for end-users in terms of availability of cost-efficient and high-quality thermoforming packaging products.

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Mergers and acquisitions of potential thermoforming packaging manufacturers by global key players create competitive opportunity in terms product development and geographical expansion. Pactiv LLC is anticipated to be a prominent manufacturer of thermoforming packaging owing to its wide product portfolio and sales channel. European and North American manufacturers of thermoforming packaging are showing high interest in Asia Pacific and Latin America markets due to high market opportunities.

North America is expected to house key thermoforming packaging manufacturers, who are holding strong positions in the global thermoforming packaging market. The North American thermoforming packaging market includes two countries which are- the United States and Canada. The United States is estimated to hold a market share of nearly 22% of the global thermoforming packaging market. Latin American thermoforming packaging market includes Brazil, Mexico, Argentina, and Rest of Latin America. Brazil is expected to be the most attractive country in terms of market share owing to the increased consumer spending on retail products.

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Top 5 Vendors in the Container Glass Market | Global Overview by TMR

Transparency Market Research delivers the key insights on the container glass market in its published report, titled “Container Glass Market: Global Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global container glass market is estimated to expand at a CAGR of 5.0% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

The large pharmaceutical industry of the U.S. to drive the demand for container glass in the country

The U.S. is not only the largest market for pharmaceuticals and leading in terms of pharmaceutical research & development expenditure, but also one of the leading producer of pharmaceuticals in the world. As container glass is highly preferred for packaging of pharmaceuticals, the large pharmaceutical industry of the U.S. is one of the primary drivers of container glass market in the North America region. The research & development on pharmaceuticals has also led to a large variety of container glass materials and packaging solutions.

The alcoholic beverage industry of Africa to propel the container glass market in the MEA region

Sub-Sahara African countries in the MEA region are estimated to account for around 40% of the MEA container glass market in terms of volume in 2018. This is prominently due to the large production of beer and other alcoholic beverages in the region which is further projected to witness a rise during the forecast period.

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Moreover, the pharmaceutical industry of GCC countries is rapidly growing. Among individual countries of the MEA region, South Africa is estimated to hold the highest market share, followed by Turkey. The significant presence of packaging companies in South Africa is majorly responsible for its dominance in the MEA region.

Europe is estimated to be the leader in the global container glass market in terms of value, while the Asia Pacific is estimated to hold the highest share in the global container glass market by volume

The cost of manufacturing of container glass in Europe is relatively high, primarily due to high labour costs in the region. On the other hand, the manufacturing cost of container glass is significantly low in the Asia Pacific region. The Asia Pacific region accounts for the highest demand for packaging in the world, which lead to the highest demand for container glass in the region in terms of volume. Thus, the Asia Pacific region is dominating the global container glass market in terms of volume, while the economic availability of container glass in the region has resulted into a low container glass market volume share as compared to that of the Europe region.

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Ceramified Cable Market – Huge Growth Opportunities & Expansion till 2026

According to a new market report on the ceramified cable market, published by Transparency Market Research, the global ceramified cable market is expected to reach US$ 277.0 Mn by 2026, expanding at a CAGR of 5.2% from 2018 to 2026. According to the report, the global market is anticipated to be influenced by a range of macroeconomic and industry-specific factors. Europe is expected to be at the forefront of global demand, with the market in the region growing at a CAGR of 5.8% through 2026. Applications of ceramified cables in fire and smoke detection systems are anticipated to significantly drive the global ceramified cable market.

Ceramified Cable Market: Scope of the Report 

The global ceramified cable market is broadly segmented by voltage level, application, and end- use industry. Based on voltage level, the market has been segmented into Low Voltage (Less Than 600V), Medium Voltage (600V to 69kV), and High Voltage (Greater Than 69kV). Based on application, the market has been segmented into fire and smoke detection systems, emergency lighting and signage, emergency communication, rescue elevators, emergency generators, and others. The market is further segmented on the basis of end-use industry into building, industrial, transit, and others.

The major factors governing the growth of the ceramified cable market is the increasing adoption of these cables in highly temperature sensitive applications, fueled by the strict government regulations to enhance the safety of residential and industrial areas. Another factor aiding the growth of the market is the cost and technical advantages offered by these cables as compared to other competitive products.

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According to the research study, the fire and smoke detection systems segment contributed the dominating share to the global market and are analyzed to expand at a prominent growth rate during the forecast period. The applications of ceramified cables in emergency generators is anticipated to follow the fire and smoke detection systems and is anticipated to witness a compound annual growth rate of 5.1% during the forecast period. Europe held the largest market share in terms of revenue and volume in 2017, due to increasing focus on improving safety in critical application areas, for instance high rise buildings, which require longer duration for evacuation in case of fire emergencies. Moreover, the market in Europe is anticipated to grow at a remarkable compound annual growth rate during the forecast period, followed by Asia Pacific.

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Future Growth Opportunities in Push Pull Closures Market | Analysis by TMR

Transparency Market Research (TMR) provides key insights on the push pull closures market in its latest report titled “Push Pull Closures Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2027.” In terms of revenue, the global push pull closures market is projected to expand at a CAGR of 4.8% during the forecast period. The APEJ (Asia Pacific Excluding Japan) push pull closures market is expected to rise in terms of CAGR.

The global push pull closures market is growing due to the increase in demand from food & beverages, pharmaceuticals, and personal care & cosmetics packaging industries. Industrial development and evolving purchase power of individuals from China, India, and ASEAN countries are the factors playing a vital role in the Asia Pacific push pull closures market. The improved market share of pharmaceutical and cosmetic industries are expected to witness an increase in demand for the push pull closures market.

Sports bottles are widely preferred over ordinary water bottles in most regions over the world. The usage of push pull closures in sports bottles is expected to boost the demand for the global push pull closures market. The increase in consumption of ready-to-drink beverages and the rising consumer awareness towards health beverages is expected to further boost the demand for the global push pull closures market globally.

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On the basis of material, the polypropylene segment of the push pull closures market accounts for the largest market value share. The polyethylene segment is expected to closely follow the polypropylene segment of the global push pull closures market.

By diameter type, push pull closures of 34 mm–44 mm segment were majorily preferred in the year 2018. Push pull closures for the beverage industry in the Asia Pacific region are projected to register the highest CAGR among other end-use segments during the forecast period.

The growth of push pull closures is attributed to the contributions of the emerging economies such as the countries in the Asia Pacific excluding Japan region. The large quantity of beverage consumption in the region has led to the increasing consumption of push pull closures which, in turn, is expected to fuel the growth of the global push pull closures market. China remains dominant in terms of market value share of the global push pull closures market. In the Europe push pull closures market analysis, prominent countries such as the U.K., Spain, France, Italy, and Rest of Europe are analysed.

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New Market Opportunities for Anti-static Films Market | Detailed Analysis by TMR

Transparency Market Research (TMR) delivers key insights on the global anti-static films market in its published report titled “Global Anti-static Films Market Forecast, Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”. In terms of revenue, the global anti-static films market is estimated to grow at a CAGR of 5.9% during the forecast period, owing to numerous factors on which TMR sheds light in this report. In terms of volume, the Asia Pacific anti-static films market is expected to remain in the leading position during the forecast period. The global antistatic films market is anticipated to grow over the forecast period due to the wide use of anti-static films in the packaging of electrical appliances.

According to TMR analysis, most of the sensitive electrical products get spoilt due to the generation of static electricity. Anti-static films are non-corrosive films used to protect electronic goods and many other sensitive components. Anti-static films prevent the build-up of static electricity which is generated due to frictional contact (triboelectric effects) or electrostatic induction between two dissimilar surfaces. It is also noticed that around 33% of electrical devices are damaged due to the absence of suitable packaging solutions, such as anti-static films.

Semiconductors and PCB’s are highly sensitive components and need to be handled with effective anti-static films packaging solution. Electronic circuitry gets progressively smaller as electronic technology advances. The continuous development in the electrical and electronics industry is boosting the anti-static films market. To protect such components, a packaging solution like anti-static films is required. Depending on the type of additives, the anti-static films can be manufactured in different colors.

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Along with the electrical and electronics industry, the anti-static films market is also growing in the pharmaceuticals and food industry. Electric charge build up attracts the dust particles onto packed food items. Anti-static films enable manufacturers to transfer such items safely. The anti-static films market has a great opportunity to expand in the export/import segment.

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Future Opportunities in PET Bottles Market | High Growth in Future

Transparency Market Research delivers crucial insights on the PET bottles market in its published report, titled “PET Bottles Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2027”. In terms of revenue, the global PET bottles market is projected to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Polyethylene terephthalate (PET) is a widely used plastic across the globe. PET bottles can be manufactured by two types of molding methods, namely – one step and two-step. PET bottles are highly consumed product in the packaging industry owing to the rising demand from food & beverages, personal care & cosmetics, pharmaceuticals, and other end-use sectors. PET bottles find useful applications in various end-use industries. PET bottles are available in various volumes from 100 ml and 200 ml to 2000 ml & above. PET bottles can be custom-made as per the requirement as well.

In the report PET bottles market, TMR suggests that the increasing consumption of beverages such as, carbonated drinks, energy drinks, packaged bottled water, and others across the globe is supposed to be the key driver for the growth of the global PET bottles market. The 500 ml to 1000 ml PET bottles segment is expected to be the most lucrative type as per capacity. PET bottles within this capacity range are easy to use and can be carried comfortably.

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The 500 ml to 1000 ml capacity segment is expected to account for more than 50% of the total market share in 2018. In terms of neck type, alaska/bericap/obrist account for approximately 50.4% of the total PET bottles market by market value. The TMR study analyses the PET bottles market in several regions and focuses on the key dynamics affecting the market globally. There is a consistently high demand for PET bottles in the market due to their recyclability as compared to other materials. These factors are supposed to drive the growth of the global PET bottles market during the next decade. In terms of end-use industries, the beverages end-use segment is expected to drive the demand for PET bottles. The plastic ban implemented by several governments impede the growth of PET bottles.

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5G Chipset Market | Growth Opportunities, Supply, Demand Status and Future Prospects

According to a new market research report published by Transparency Market Research titled ‘5G Chipset Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2026,’ the global 5G chipset market is estimated to be valued at US$ 1,571.9 Mn by 2019 and is expected to expand at a CAGR of 44.01% from 2019 to 2026, to reach value of US$  20,195.8 Mn by the end of the forecast period.

Commercialization of the 5G technology across the globe to fuel the global 5G chipset market

Various telecom operators as well as chipset manufacturers are investing significantly in research and development activities for commercialization of the 5G technology. Telecom operators are collaborating with various network equipment providers as well as service providers to accelerate the commercialization of 5G. In November 2018, Huawei, a prominent network equipment company, announced to have signed 22 commercial contracts for 5G. The company is currently working with more than 50 carriers on 5G commercial trials.

Furthermore, various chipmakers are introducing advanced 5G chipsets in the market in order to accelerate the adoption of 5G across the globe. For instance, in December 2018, Qualcomm, a prominent chipmaker launched its flagship Snapdragon 855 chip, which would facilitate use of the 5G technology in mobile phones.

Rising demand for high speed to propel the global 5G chipset market

Demand for high-speed Internet has been increasing globally for the last few years, especially in developing economies such as India and China. The primary factor responsible for this rise in demand is the increase in demand for on-demand video streaming. In order to satisfy this surging demand for high-speed data, smartphone makers are engaging in the development of smartphones with 5G capabilities.

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Furthermore, chipmakers are forming partnerships with phone manufacturers to provide them with 5G chipsets to be installed in their smartphones. For instance, Qualcomm, a leading chipmaker, has partnered with 19 phone makers to supply 5G chipsets to them.

Asia Pacific market to expand at a rapid pace owing to increasing number of smartphone users in the region

In terms of geography, the global 5G chipset market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is estimated to be the leading region of the global market by 2019, followed by Europe. The market in Asia Pacific is projected to expand at the maximum CAGR from 2019 to 2026 owing to the rising number of smartphone users and increasing demand for high-speed Internet in the region.

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