Palm Leaf Containers Market: Dynamics and Growth Outlook

Food service industry is expected to witness entry of manufacturers producing disposable plates made of biodegradable materials such as palm leaves. Palm leaf containers are gaining prominence all over the world as a feasible means of becoming more environment friendly. Ban on manufacturing and single use of plastic plates in certain geographic region is offering significant opportunity for producing and selling palm leaf containers.

The global palm leaf containers market caters to the enormous foodservice industry comprising of offline and online foodservice outlets serving millions of consumers around the world. Prominent market players operating in the global palm leaf containers market are innovating in terms of raw material capabilities and packaging designs that help foodservice players meet their sustainability objectives. The global palm leaf containers market is witnessing an emerging trend towards sustainable packaging solutions.

Various government and non-government associations are formulating and introducing new plans and schemes in order to support and promote use of biodegradable food containers in restaurants, especially takeaway and quick service restaurants further promoting the palm leaf containers market globally.

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Palm Leaf Containers Market: Dynamics

The retail sales channel for palm leaf containers primarily targets outdoor social occasions that involve buffet tables. Outdoor social occasions such as marriages, social club meetings, community get together, etc. create considerable demand for palm leaf plates for serving food to attendees. Compartmental plate designs are popular among end users and buyers of palm leaf plates for the retail market segment.

Furthermore, rising number of multinational quick service restaurants (QSR) worldwide is leading to surge in demand for disposable containers such as palm leaf. Such food service restaurants do not invest on resources for cleaning and maintenance of serving containers. This helps chain operators reduce labor costs and utilize the existing pool of resource on enhancing the quality and customer support. Regional and domestic players worldwide are also adopting similar business concept, which is further strengthening demand for palm leaf containers market across the globe.

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Food service operators offer various services such as ‘takeaway’ and drive through’ to cater to increasing number of on-the-go consumers. This is surging growth of the palm leaf containers market across the globe. With increasing urbanization and dynamic lifestyle, these food packaging formats are expected to gain popularity among consumers. This in turn is projected to significantly drive demand for palm leaf containers is projected over the next five years.

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Containment Tube Market Assessment Analysis 2019-2027

Containment tube is used for chemical safety which provides auxiliary protection against leak in applications in which hazardous liquid are being transported. The containment tubes are specialized to provide safety and security from dangerous liquid and materials that could be dangerous to people or the environment. The containment tubes are of two type, one inside the others, which is the primary tube (inner tube) and the other is a secondary tube (outer tube). In the inside liquid tubes, if when that tube fails for any reason, the liquid moves within the secondary tube. In the containment tube, the secondary tubes are very flexible, which allows attachment without heat bending or many pipe connections.

The primary tube does not require to be pulled by the secondary tube because these tubes are delivered in the assembled state. Under strict and standards of cleanliness, the containment tubes are produced. The containment tubes are double packed in plastic for clean storage. For extra protection, containment tubes can also be supplied in plastic coils and too wrapped with plastics. There is also a color code on the secondary tubes for liquid identification.

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Containment Tube Market: Dynamics

Growth in the demand of the containment tube market is expected to grow for many reasons such as increasing demand for chemical industries, which results in the growth of the containment tube market. The containment tube market is used for a safe packaging of chemicals, which is also a reason for increasing the CAGR.

The containment tube is expected to grow at a good CAGR during the forecast period. The containment tube is used for additional security against leaks in applications in which hazardous chemicals are being transported. The installation of the containment tube is low. There are no connectors, and it is pre-assembled. The containment tube is completely non-flammable (UL94) in nature. The containment tubes can be used up to temperature 400°F.

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The consumer demand for safe transportation of danger acids also increases the demand. The manufacturer is focusing on the strength of containment tube for the chemical industry as the increasing demand of the industry to transfer hazardous chemical from one point to another point. Many government bodies implemented various regulation for the use of safe products. Safety of the product is also a feature to increase demand for manufacturing the containment tube.

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Laminated Woven Sacks Market Exclusive Report Analysis 2019-2027

Woven sacks are known to possess for their durability and high tensile strength. Manufacturers provide woven sacks with and without lamination, which can be used for packaging of the consumer as well as industrial goods. Laminated woven sacks consist of more than one plies of fabric and can have lamination on one or both sides of the sack. The lamination is usually done by a plastic film (usually BOPP) or paper. These sacks can be printed with high-quality graphics to enhance their aesthetic appeal and achieve brand promotion. This makes laminated woven sacks a preferred alternative for the packaging of consumer goods.

Furthermore, the majority of the laminated woven sacks are made up of polypropylene, as the use of polypropylene provides appropriate strength, tear-resistance, and moisture-resistance to the sack.  Laminated woven sacks are light-weight yet have superior tensile strength and are more likely to maintain dimensional stability during the filling process. This makes laminated woven sacks a popular choice for filling various granular or powdered products.

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Laminated Woven Sacks Market: Dynamics

The demand for laminated woven sacks is expected to rise as the consumer preference for flexible packaging continues to grow. Also, these sacks are suitable for heavy-duty applications as they are durable and reusable. These properties extend the application of laminated woven sacks to the agriculture and building & construction industry.

Several construction materials and chemicals need to be stored in dry places as they start to change their form after coming in contact with water, laminated woven sacks are considered apt for packaging of such materials as they have high barrier properties and lower susceptibility to puncturing, as well as tearing.

Moreover, laminated woven sacks are compatible with automatic bag filling equipment, which reduces the expenses incurred by packers and fillers. All these factors are expected to boost the sales of laminated woven sacks in the years to come.

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The presence of substitutes might hamper the growth of the laminated woven sacks market in the years to come. Multi-wall paper sacks and clay-coated paper sacks can be used instead of laminated woven sacks as they are economical and considered environment-friendly. Thus, the threat of substitution is estimated to be moderate to high in the global laminated woven sacks market.

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Anti-skid Tape Market Growth Analysis, Opportunities, Trends, Developments and Forecast to 2027

Anti-skid tape are slip resistant adhesive tapes that provides safe and cost-effective solutions to prevent slips and trips resulting in fatal injuries. These tapes are generally manufactured from quartz or silica sand particles, which is resistant to water and grease. Anti-skid tapes is easy to apply and improves safety to an optimum level. These tapes when applied in staircases / walkways turn-out as an effective safety solution especially for kids and aged population, which often can lose their balance while walking.

Anti-skid tape has high traction material, which is flame-resistant, oil, and waterproof. Key application for anti-skid tapes includes smearing it on stairs, walking area, ladders, kitchens-flooring, and many more. Anti-skid tape has superior adhesion property, which is ideal for both indoor and outdoor use. Anti-skid tape can be used on surfaces like tiles, stainless steel, plastics, and ramps.

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Anti-skid Tape Market: Dynamics

Anti-skid tape provides a sound grip to the floor and allows a person’s safety, which can drive the anti-skid tape market. The advantages of this tape include convenient construction, flame, and abrasion-resistant, and comfortable, which can boost the demand for anti-skid tape. Anti-skid tape also has long service and is easy to clean, noise proof, and have a strong adhesive force, which can add to the growth of this market. There are many innovations related to this tape, such as this tape glow in the dark which also turns it in an effective signage solution.

However, the effect of this tape is non-stable, and hence, high manufacturing/installation costs involved can hamper the market sales. Anti-skid tape does not come with a lot of choices and does not have a long lifespan of coatings, which can act as a restraint in the growth of anti-skid tape market.

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Anti-skid Tape Market: Key Developments

Key players are focusing on expansion and recognition to increase their production capacity and product offerings in a competitive market. Recent developments include the introduction of a convenient and sustainable tape.

• In September 2019, MBK Tape Solutions announced ISO 9001:2015 Certification for its quality tapes
• In June 2018, tesa SE, expanded its Suzhou site in China for manufacturing precision adhesive tapes for the electronics and automotive industries with an investment of more than 30 million euros.

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Silicon Wafer Market Outlook and Future Advancements

The global market for silicon wafers has been treading on a steady growth path so far and in the years ahead too will continue doing so on the back of the solid demand for the consumer electronics and automotive sectors. However, the market growth is being hampered to an extent by the high initial investments. This has made entry barriers high and the competitive landscape consolidated – currently the top four companies hold about 70.0% share in it. High cost of 300 mm silicon wafers is another hurdle the market needs to overcome to grow sales.

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A study by Transparency Market Research expects the global silicon wafers market would tread on steady yet not-so-impressive growth path by registering a CAGR of 6.8% over the course of the forecast period during 2017 and 2025. Rising at this pace, the market is projected to become worth US$14.21 mn by 2025.

Wafers of Size 300 mm and Above Hold Maximum Market Share

Silicon wafers come in different sizes of 100mm, 150mm, 200mm, and 300mm and above. In 2016, the segment of 300 mm and above wafers size held a leading share in the market. They are also expected to surpass the other segments vis-à-vis growth rate over the course of the forecast period. The 200 mm wafer size segment is also plays a pivotal role in the market and is expected to rise at a significant pace in the near future. This is because of their increasing application with progress in logic, analog, RFID, image sensors, microprocessors, and power opto-electronics devices.

Device-wise, the market for silicon wafers is classified into MEMS, beach logic and memory, CMOS, and RFID. The logic and memory segment, among them, is forecasted to outshine all others in terms of growth rate on the back of their rising uptake in various applications of IoT (Internet of Things) and the increasing usage of networking devices across the different part of the globe.

Depending upon the method of fabrication, the market is divided into horizontal gradient freeze, horizontal bridgeman freeze, etc. In 2016, segment of horizontal bridgeman freeze accounted for a leading share in the market. The segment is expected to grow at maximum pace in the years ahead too.

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System-On-Chip Market Strategy and Future Scenario

The system-on-chip market has seen significant growth due to rising applications across end-use industries, with smartphones application holding the largest market share. Industries such as consumer electronics, telecommunication, and healthcare have been leading verticals in adopting system-on-chip technology so as to enhance the performance of smart devices, networking devices, and biomedical devices.

Within application devices, smartphones and PC/laptops have been in the forefront, with networking devices and gaming consoles gaining momentum of late. A close study of recent product launches and developments of key industry participants active in the system-on-chip market reveals that industries such as consumer electronics, telecommunication, and healthcare would continue to dominate the market throughout the forecast period.

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Applications such as gaming consoles and digital cameras are expected to witness demand for the adoption of system-on-chip during the coming years, helping the system-on-chip market to take significant strides toward growth in the second half of the forecast period.

Factors such as rise in demand from smart devices, lowered cost per function of ICs, and the increasing demand for multicore technologies is seen as crucial aspects influencing the market growth trends. The system-on-chip market however faces challenges such as overlapping functionalities and the technological advancement in the form of new embedded software that has negatively affected further large scale proliferation of technology.

The existing technology integration and overlapping functionality challenges give way to possible opportunities, such as improvement in the cycle time of the overall system and the 3D integration of system-on-chip. Any further development and exploration of the system-on-chip structure is expected to open new sets of unexplored opportunities, thereby supporting the growth of the system-on-chip market during the forecast period.

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Structured Cabling Market Growth and Future Outlook

According to a new market research report published by Transparency Market Research titled ‘Structured Cabling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global structured cabling market is projected to expand at a CAGR of 7.2% during the forecast period. According to the report, the market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years.

Increasing demand for high bandwidth and expansion and modernization of communication infrastructure fueled by economic growth have driven the global structured cabling market.

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Growth of IT & telecommunication industry to boost structured cabling market

IT & telecommunication is expected to continue to be the leading segment of the global structured cabling market during the forecast period, due to growing need to facilitate rapid communication and optimized energy consumption. The segment is projected to expand at the maximum CAGR of 7.3% during the forecast period. Recently, different enterprises have taken initiatives to expand and modernize their communication infrastructure. The industrial end-user segment is expected to expand at a significant CAGR throughout the forecast period, due to increasing penetration of portable computing devices and rising dependency on cloud applications.

North America to continue to hold a leading share of the global market

In terms of revenue, North America accounted for the leading share of the global market in 2017, due to concentration of major manufacturers and growth of the IT & telecom industry in the region. Furthermore, the large number of wire and cable shipments to electric utilities in the region is boosting the structured cabling market in North America. The U.S. held a leading share of the North America market in 2017.

The market in the country is estimated to expand at the maximum CAGR of 7.2% during the forecast period. Rapid growth of the logistics & transportation sector in several countries of Europe is fueling the market in the region. The market in Europe is likely to register a significant CAGR during the forecast period. Rest of Europe held a leading share of the structured cabling market in Europe in 2017.

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