Monday, 20 May 2019

Frozen Foods Segment is Anticipated to Dominate the Global Boil-in Bags Market

  May 20, 2019    No comments
According to the latest market report published by Transparency Market Research titled “Boil-in bags Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018–2026,” plastic segment is anticipated to be the highest contributor to the global boil-in bags market, during the forecast period, 2018-2026. Globally, the plastic material type segment has been estimated to be over US$ 240 Mn in 2017, and is projected to increase at a CAGR of 6% during the forecast period 2018-2026.

The global boil-in bags market has witnessed extraordinary growth during the past decade, owing to the changing consumer lifestyle due to which consumer preferences are shifting from traditional meals to ready-to-eat meals. This factor will continue to boost the demand for boil-in bags during the forecast period 2018-2026.

Global boil-in bags market is segmented by material type (plastic, aluminium foil and others), by appearance (transparent, opaque and printed), by packaging size (less than 150X240 mm, 150X240 to 240X380 mm, 240X380 to 380X500 mm, more than 380X500 mm) by sales type (institutional sales and retail sales), by application ( frozen foods, ready to eat meals, rice and cereals, bakery and confectionery and others), and by region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Among material types, plastic segment is the most attractive product segment due to which it accounted for approximately 76.9% value share in 2017. This segment is anticipated to expand at the highest CAGR of 6.0% by value over the assessment period. By appearance, the transparent segment is foreseen to expand at the most lucrative CAGR of 6.1% during the forecast period, in addition to exhibit a significant incremental opportunity of US$ 187.5 Mn through to 2026.


In packaging size, 150X240 to 240X380 mm segment is the most attractive product segment due to which it expands at a highest CAGR of 6.9%, by value among all the packaging size. 240X380 to 380X500 segment is anticipated to hold a market share of 44.5% value share, by 2017. Among sales type segments, the retail sales segment is the fastest growing segment among all the boil-in bags sales type segments.  Institutional sales segment is anticipated to dominate the global boil-in bags market. Institutional sales segment is expected to create an incremental $ opportunity of US$ 124.9 Mn, during forecast period.

Among application segments, frozen foods segment is anticipated to dominate the global boil-in bags market. Frozen foods segment is expected to create an incremental $ opportunity of US$ 115.2 Mn, during forecast period. Geographically, the global market has been segmented into five regions, i.e. North America, Latin America, Europe, Asia Pacific region (APAC), and Middle East & Africa (MEA). North America dominates boil-in bags market globally.
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Terahertz Components and Systems Market to Find Prominent Opportunity in Industrial Process Monitoring

  May 20, 2019    No comments
With the growing involvement of international players in the market for terahertz components and systems, the degree of competition has increased significantly, finds TMR. The leading companies, namely, Advantest Corp, TeraView, Bruker Corp, NEC Corp, Menlo Systems GmbH, and Techcomp Group Ltd., are heavily investing in research and development activities to expand their product portfolios in order to sustain in this competitive environment.

Going forward, the companies are likely to compete on the basis of innovation and advancements. Product pricing will also play a key role in providing the manufacturers an edge over each other. Analysts at Transparency Market Research predict a high degree of competition as well as profitability in this market over the coming years.

Increasing Popularity of Terahertz Imaging Solutions Fuels Demand for Terahertz Components and Systems

“Terahertz technology has found a widespread application in the fields of biology, molecular spectroscopy, medical science, and space sciences”, states an analyst. As terahertz radiation does not possess any ionization threat for biological tissues, thanks to its low photon energy, terahertz imaging solutions are gaining immense popularity in medical applications, increasing the demand for terahertz components and systems significantly.

Going forwards, the advancement in terahertz technology and the augmenting application of terahertz components in medical imaging and non-destructive testing are anticipated to boost the market’s growth over the next few years.

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On the other hand, the limited penetration level of terahertz radiation may hamper the application of terahertz components and systems in various other industries in the near future. Their demand may also be influenced negatively by the lack of awareness pertaining to the benefits offered by terahertz technology and the dearth of skilled professionals for the management of terahertz devices.

North America to Save Leadership but Lose Significant Amount of Shares

According to TMR’s estimations, the global opportunity in terahertz components and systems in 2014 was worth US$56 mn. Expanding at a CAGR of 25.90% between 2015 and 2023, analysts expect it to increase to US$415 mn by the end of the forecast period.
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Monday, 13 May 2019

Cargo Transportation Market Challenges and Opportunities Research Report Forecast to 2027

  May 13, 2019    No comments
Cargo transportation is freight or shipment transportation that is used to transport cargo from one place to another. Cargo transportation includes transport of goods, raw material, finished products, and other such material between manufacturers, distributors, retailers, and end-users. Cargo transportation for roadways includes a various types of vehicles such as pick-up trucks, lorry tanks, dry van trucks, flatbed trucks, truck trailers, and refrigerated trucks. Cargo transportation includes various modes of transportation and requires special equipment, escort, cargo space, permits, machinery, advance agreements, and knowledge.

Booming industrialization, globalization, expansion of the construction industry, and budding bilateral trade coupled with revised trade policies are prime factors that projected to propel the cargo transportation market during the forecast period. Additionally, rapid expansion in transport facilities across the globe, owing to advancements in technology and rising urbanization over the years, has led to a surge in transport of goods and commodities. This is another factor that is anticipated to boost the cargo transportation market in near future.

Rise in trade among countries around the world and noteworthy import and export are projected to drive the cargo transportation market for all means of transport during the forecast period. However, higher initial capital investments and maintenance of entire cargo transportation and process are projected to hamper the cargo transportation market during the prognosis period.


The global cargo transportation market can be segmented based on application, type, and region. Based on application, the cargo transportation market can be segregated into mineral, construction, oil & gas, healthcare, food & beverage, and others. The construction segment holds for prominent share of the global cargo transportation market. The segment is anticipated to maintain its prominent position in the cargo transportation market owing to the expansion of the construction industry due to rapid infrastructure development across the globe.

Based on type, the cargo transportation market can be split into rail transportation, road transportation, air transportation, and sea transportation. The road transportation segment leads the cargo transportation market due to expansion of construction and food & beverage industry transportation by road. Furthermore, for shorter distance or destination, road cargo transportation is cost-effective and rapid, as compared to other transportation modes. This, in turn, is likely to boost the road cargo transportation segment of the market during the forecast period.
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Coolant Reservoir Tank Market for Automotive 2019 | Strategic Assessment by Top Players: Kyoraku Co., Ltd., Gemini Group, Inc., Dayco Australia Pty Ltd

  May 13, 2019    No comments
The coolant recovery system is an important part of the vehicle cooling system, which collects excessive coolant discharge from the engine. Typically, the coolant recovery tank is located near the radiator. The vehicle engine generates more heat and hence, requires a cooling system. As the engine coolant heats up it expands. Subsequently, the excessively heated coolant collects at the top of the coolant reservoir tank. Generally, the coolant recovery tank is made of plastic. Another important function of the reservoir tank, apart from storing the coolant, is to remove air bubbles from the cooling system.


Increasing production of passenger vehicles across the globe, especially in India and Brazil, is likely to fuel the coolant reservoir tank market during the forecast period. Rapid urbanization, availability of loan at lower interest, change in consumer lifestyle, and availability of multiple vehicle models are likely to propel the demand for passenger vehicles, which in turn is anticipated to drive the coolant reservoir tank market during the forecast period. Dual benefits of the reservoir tank, such removing air bubbles from the cooling system and storage of excessive coolant, are likely to propel the demand for reservoir tank during the forecast period.

The global coolant reservoir tank market for automotive can be segmented based on material, sales channel, vehicle type, and region. Based on material, the coolant reservoir tank market for automotive can be classified into plastic, metal, and others. Majority of reservoir tanks are made of plastic, owing to the easy of manufacturing plastic tanks and the increasing demand for lightweight materials in the automotive industry in order to manufacture fuel-efficient vehicles. Furthermore, environmental concerns along with safety requirements in the automotive industry are prompting auto manufacturers to utilize plastic to manufacture various components. Therefore, the plastic segment is likely to expand significantly during the forecast period.


In terms of sales channel, the coolant reservoir tank market for automotive can be segregated into OEM and aftermarket. Production of passenger vehicles is increasing across the globe, which in turn is likely to fuel the demand for reservoir tank during the forecast period. Expansion of e-commerce and logistics industries is likely to boost the demand for commercial vehicles, which in turn is likely to propel the coolant reservoir tank market during the forecast period.

In terms of vehicle, the coolant reservoir tank market for automotive can be bifurcated into passenger vehicle and commercial vehicle. The passenger vehicle segment can be further sub-segmented into hatchback, sedan, and utility vehicle. Increasing demand for SUVs owing to increase in per capita income, change in preference, demand from youth population, and availability of multiple options are driving the demand for utility vehicles. This, in turn, is estimated to propel the passenger vehicle segment during the forecast period.
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Hydrogen Trains Market to Make Great Impact in Near Future by 2027

  May 13, 2019    No comments
A hydrogen train, also known as hydrail, is a type of train that utilizes hydrogen as a source of energy. In a hydrogen train, hydrogen can be utilized to power the electric traction motors or to power other electronic and electrical components and devices of the train, or to run both. In a hydrogen train, the chemical energy of hydrogen is converted into mechanical energy either by combustion in an engine, or by chemical reaction with oxygen in a fuel cell.

Fuel powered vehicles are a prominent source of pollution across the globe. Increase in global temperature attributed to rising pollution levels is prompting governments and regulatory bodies to initiate corrective actions. Consequently, alternative fuel powered vehicles, such as electric vehicles and hydrogen powered vehicles, are gaining traction across the globe. This, in turn, is estimated to boost the demand for hydrogen trains. Moreover, trains are a considerably cost and fuel efficient source of transportation, which in turn is fueling the demand for trains.

Governments of several nations are focusing on the incorporating emission-free and efficient modes of transportation, in order to meet the Paris Agreement, signed by 195 countries, in 2016. The Paris Agreement is aimed at reducing global emission levels and restrict the rise in global temperature to well below 2 degrees Celsius, in the near future. The efforts initiated at the international level and raised awareness among people are likely to fuel the demand for hydrogen trains. Hydrogen trains eliminate the necessity of expensive overhead electric cables, which in turn reduces overall construction cost, which in turn is likely to boost the global hydrogen trains market.


Several countries across the globe have a significant number of diesel powered vehicles and are incorporating electric vehicles in order to curb emission occurring through diesel powered trains. Electric trains require a significant cost for construction of overhead electric rail, which is not required in hydrogen powered trains. Therefore, demand for hydrogen trains is likely to rise during the forecast period. However, significantly higher cost, as compared to that of a conventional train, is major restraint of the global hydrogen trains market.

The global hydrogen trains market can be segmented based on train type, grade of automation, application, and region. In terms of train type, the global hydrogen trains market can be segregated into five segments. The first hydrogen powered trains began operations in Germany. These are suburban trains and have been developed by Alstom S.A.
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Low Profile Tire Market to Witness a Healthy Growth during 2019 – 2027

  May 13, 2019    No comments
Low profile tires have lower aspect ratios, generally less than 50 and shorter sidewalls as compared to standard tires. Low profile tires have larger treads and are stiff and are made from advanced rubber compounds and additives.

Increase in demand for enhanced ride handling, superior traction, and rapid response while driving is boosting the low profile tire market. Demand for powerful and sports or performance vehicles, such as SUVs, is rising owing to an increase in young buyers of vehicles. Increase in sales of SUVs and performance sedans is driving the low profile tire market. Low profile tires have low rolling resistance and hence, offer superior fuel economy. Regulatory boards such as the European Union have started labelling tires according to fuel economy, grip, noise, and emission.

Enactment of similar mandates globally is projected to fuel the adoption of low profile tires. Rise in concern about vehicle safety and technologies such as ‘Run-Flat’ technology is boosting the demand for low profile tires. These tires contain lesser amount of rubber and thus, enables the use of a larger-sized wheel. Rise in demand for larger wheels, in order to enhance esthetic appearance, is expected to drive the demand for low profile tires.


Low profile tires are expensive, generate more noise, and undergo more wear due to wider contact area. Therefore, several consumers prefer cost-effective standard tires, which in turn is restraining the low profile tire market.

The global low profile tire market can be segmented based on rim size, vehicle, sales channel, and region. Based on rim size, the low profile tire market can be segregated into 13 inch-15 inch, 16 inch-20 inch, and above 21 inch. The 16 inch-20 inch segment accounts for a notable share of the low profile tire market owing to high sales of vehicles that have rim sizes between 16 to 20 inches.

Based on vehicle type, the global low profile tire market can be classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. Low profile tires are highly preferred for passenger vehicles in order to enhance driving comfort and hence, the passenger vehicle segment held a notable share of the market.


Tire manufacturers such as Continental AG have developed low profile tires for light & heavy duty applications with higher load carrying capacity. Penetration of low profile tires is considerably low in light & heavy commercial vehicles; however, it is expected to rise considerably during the forecast period owing to advancements in rubber technology.
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Run-flat Tire Market Prevalent Opportunities upto 2027

  May 13, 2019    No comments
Run-flat tires are designed in such a way that they allow safe driving of the vehicle for a specific distance even after a tire puncture. The vehicle cannot be driven indefinitely with a run-flat tire; however, these tires enable the driver to drive to a repair facility, thereby preventing a sudden breakdown. Generally, a vehicle with run-flat tire can be driven up to 50 miles on loss of inflation pressure. However, this distance varies as per automaker standards and tire range.

A tire puncture can lead to a serious accident due to loss of steering control. Demand for improvement in vehicle safety and minimization of the potential secondary accident risk is driving the demand for run-flat tires. Run-flat tires have been adopted as standard fitments by several automakers such as BMW, Cadillac, and Mercedes Benz. Adoption of run-flat tires improves the safety rating of the vehicle and hence, are being increasingly adopted by automakers.

Rising demand for run-flat tires from automakers to incorporate product differentiating features and improve safety rating of the vehicle is driving the run-flat tire market. Awareness about the hazards of a tire puncture is rising among consumers. Run-flat tires enable the vehicle to be driven to the nearest service center without having to be parked dead on the road while waiting for assistance. Rising consumer demand and awareness is boosting the demand for run-flat tires.


The global run-flat tire market can be segmented based on tire type, vehicle type, sales channel, and region. Based on tire type, the run-flat tire market can be classified into self-supporting type and support ring type. Self-supporting tires have a reinforced sidewall that supports the tire, maintain its structure, and bears the weight of the vehicle weight. Self-supporting run-flat tires are extensively utilized and hence, the self-supporting type segment accounts for a leading share of the market.

The support ring type run-flat tire comprises a hard rubber ring inside the tire that supports the vehicle weight in case of deflation due to puncture. A key advantage of the support ring type run-flat tire is that is does not require replacement, as is required in case of self-supporting type tire. However, the wheels for the support ring type tires are unique, consumers thus have to purchase wheels and tires, which has led to the low rate of adoption of the support ring type tire.


In terms of vehicle type, the global run-flat tire market can be classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment held a notable share of the run-flat tire market, owing to the adoption of run-flat tires in premium and luxury vehicles. Rising awareness among commercial fleet operators about driving safety is expected to boost the adoption of these tires in commercial vehicles, thereby drive the run-flat tire market.
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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 ...