Wednesday, 20 May 2020

Heat Shield Market to Increase Exponentially During 2018 to 2026

  May 20, 2020    No comments
Transparency Market Research has recently published a new report that talks about the global automotive heat shield market and the factors that are impacting its growth. According to the research report, the market is projected to exhibit a moderate CAGR of 3% over the forecast duration of 2018 to 2026.
In any vehicle, internal combustion engine is a huge heat generating component. The heat coming up from the engine has the capacity to damage other components surrounding it. Other major sources of heat generation in a vehicle are catalytic converters, exhaust pipes, turbochargers, and exhaust manifolds. The heat let out by these components must be diverted so as to avoid any sort of damage to the surrounding components of the vehicle.
This is where automotive heat shield come into the play. They have an important role in the vehicle’s working mechanism. Automotive heat shields either absorb or deflect the heat generated so as to save other components from damage. Moreover, they also help in improving the performance as well as the efficiency of the vehicle’s engine at a significantly higher temperature. Such benefits are thus considered to be the primary driving factors of the global automotive heat shield market.
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Performance Enhancement Accessories to Push Adoption of Market
There are other factors as well that are pushing the development of the global automotive heat shield market to newer heights. Increasing awareness about harmful emissions, strict emission regulations, and growth in global warming because of the increasing pollution have prompted consumers as well as vehicle manufacturers to install additional accessories in vehicles to improve the overall engine performance and also reduce the emissions.
This has in turn helped in propelling the demand for the vehicle performance enhancing accessories such as emission control devices and turbochargers. These accessories generate a lot of heat that needs constant regulation so as to reach optimum performance levels. Naturally, this has given rise to an increased demand for automotive heat shields from the automotive manufacturers. Thus, the global automotive heat shield market is expected to witness a promising growth in the next few years.
Asia Pacific to Develop at Faster Pace
In terms of geographical segmentation, the global automotive heat shield market is divided into five key regions namely North America, Middle East and Africa, Asia Pacific, Latin America, and Europe. Of these, currently the global automotive heat shield market is being dominated by the Asia Pacific region. Growing per capita income, increasing preference to buy premium class or luxury vehicles, and increasing awareness about in-vehicle comfort and safety are some of the key reasons that are driving the growth of the regional market.
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Some of the leading companies operating in the global automotive heat shield market include names such as Progress Werk Oberkirch AG, Elringklinger AG, Happich GmbH, UGN Inc., Lyndball Inc., Dana Holding Corporation, and Autoneum Holding AG among others. 
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Automotive Diagnostic Tools Market To Make Great Impact In Near Future By 2025

  May 20, 2020    No comments
Automotive diagnostic tools are a combination of electronic hardware and software systems, which are used to detect and rectify the faults in a vehicle. Automotive diagnostic tools have a high degree of efficiency and sophistication. They are utilized to identify flaws in a vehicle’s powertrain, body, and chassis. Automotive diagnostic tools are primarily employed in workshops and service stations. The application of the automotive diagnostic tools in the automotive industry involves using diagnostic equipment (hardware), diagnostic software, repair, and diagnostic data.
The automotive diagnostic tools market is expected to be driven by a rise in the need to rapidly identify and rectify flaws in a vehicle in order to ensure the safety of the driver. A change in consumer preference from manual to sophisticated automated diagnostics systems, which save time and effort and offer greater efficiency through the use of software systems, is likely to provide lucrative opportunities for the automotive diagnostic tools market in the near future.
 An increase in demand for tools to identify faults in parts of vehicle is expected to boost the automotive diagnostic tools market in the next few years. The electrification of vehicles and the rise in number of service stations are also anticipated to provide lucrative opportunities in the automotive diagnostic tools market during the forecast period.
However, the functioning of automotive diagnostic tools is complex and involves a number of sophisticated hardware devices and software systems. This raises the cost of tools. These minor drawbacks of the automotive diagnostic tools are expected to hamper the automotive diagnostic tools market to some extent during the forecast period.
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Based on type, the automotive diagnostic tools market can be segmented into diagnostic equipment hardware, diagnostic software, repair, and diagnostic data. The diagnostic software segment is estimated to expand significantly during the forecast period. This can be primarily attributed to the rise in requirement of different types of diagnostic software for different models of vehicles that are launched every year.
In terms of equipment type, the automotive diagnostic tools market can be classified into wheel alignment tester, handheld tread depth, digital battery tester, automotive paint inspection equipment, and vehicle emission test system. The wheel alignment tester helps maintain the tire alignment in order to avoid undue tread wear due to tire misalignment.
The handheld tread depth is an equipment that rapidly scans the tire tread depth of cars simply by rolling over laser sensors that are embedded in drive-over floor plates. Digital battery sensor enables the measurement of superior voltage, current, and temperature. It minimizes power consumption without compromising on accuracy during data processing. Vehicle emission test systems (VETS) are software packages that are designed to run light-duty emission cycles on chassis dynamometer systems.
In terms of geographical regions, the market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The automotive diagnostic tools market in Asia Pacific is expected to expand significantly during the forecast period. This can be primarily attributed to an increase in vehicle production in the region, strong presence of key vehicle manufacturers in countries in Asia Pacific such as China, Japan, and South Korea, and the high adoption rate for automated technologies for diagnosis and rectification of flaws in vehicle operations, in the region.
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Automotive Body Panels Market to Observe Strong Development by 2025

  May 20, 2020    No comments
Automotive body panels are body parts of the vehicle that are made of conventional material such as steel, iron, magnesium, aluminum, and other materials. Automotive body panels are a primary and integral part of the vehicle, as they cover the vehicle. Automotive body panels are mounted on the chassis and engine of the vehicle and act as cover in order to protect the passengers against the elements. An automotive body panel includes the roof, bumper, hood, and doors.
Rise in demand for automotive body panels due to their extensive usage in vehicles, is expected to be a key factor driving the automotive body panels market during the forecast period. Increase in the production of automotive body panels with advance technology by reducing the weight and providing the light weight body panels, which reduces the weight of the vehicle and makes vehicle more efficient are also projected to boost the automotive body panels market during the forecast period.
Automotive body panels offer several benefits such as reliability, ease of maintenance, and availability in any region. Lightweight body panels are changing the automotive body panels dynamic in the market, as they provide desired strength for the components with reduced weight. This is likely to provide lucrative opportunities to the automotive body panels market. Lightweight body panels are more expensive on account of the availability of raw material and strength. This is expected to hamper the growth of upgraded automotive body panel market during the forecast period.
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The automotive body panels market can be segmented based on components, vehicle type, end-user, and region. Based on components, the automotive body panels market can be segregated into bumper, hood, door panels, roof, and others. The door panels segment accounts for a major share of the market, as compared to the others. The door panels segment is followed by the bumper segment, which is expected to expand at a significant growth rate during the forecast period.
In terms of vehicle type, the automotive body panels market can be segregated into passenger vehicles and commercial vehicles. The passenger vehicles segment can be further sub-segmented into hatchback cars, sedans, multi-purpose vehicles, and sport-utility vehicles. The commercial vehicles segment can be further split into lightweight commercial vehicles and heavy commercial vehicles.
Based on end-user, the automotive body panels market can be classified into original equipment manufacturers (OEMs) and aftermarket. The aftermarket segment holds a major share of the market, as compared to the OEMs segment. This is due to increase in accident ratio and maintenance.
In terms of geography, the automotive body panels market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and Rest of the World. Asia Pacific accounts for a major share of the global automotive body panels market, due to the high adoption rate and infrastructural developments, especially in China, India, Japan, and Korea.
The automotive body panels market in Europe, especially in Germany, France, Italy, and the U.K., is also expected to expand due to rapid expansion in industrialization and technological advancements in the automotive production sector. The automotive body panels market is also expected to expand in North America due to the upgrade of existing infrastructure.
Key players operating in the global automotive body panels market include GORDON AUTO BODY PARTS CO., LTD., AUSTEM COMPANY LTD., Gestamp, Magna International Inc., KUANTE AUTO PARTS MANUFACTURE CO., LTD., and FLEX-N-GATE Corporation.
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Water Soluble Films Market to Register Substantial Expansion by 2026

  May 20, 2020    No comments
According to the latest market report published by Transparency Market Research titled 'Water Soluble Films Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026', the detergents end use segment is expected to be the largest contributor to the global water soluble films market during the forecast period 2018-2026. Globally, the water soluble films market was valued at US$ 268.9 Mn in 2017, and is projected to increase at a CAGR of 4.6% during forecast period 2018-2026.
The water soluble films market is anticipated to register fast growth due to various government initiatives and regulations that have been formed for environmental protection. The increasing awareness among consumers regarding the use of bio-degradable materials will further boost the use of water soluble films. Demand is being generated from both, consumer and industrial segments. The safer, convenient, and optimal use of agrochemicals will drive the market for water soluble films, as governments are focusing on the disposal of agrochemicals in environment-friendly ways.
On the basis of thickness, the global water soluble films market is segmented into Below 30 Micrometer, 30-60 Micrometer, and Above 60 Micrometer. 30-60 Micrometer is the leading segment with a market share of over half of the global market in 2018. The Below 30 Micrometer segment is expected to emerge as the fastest growing segment in the market, owing to their increasing uptake.
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Based on end use, the market is divided into Detergents, Agrochemicals, Laundry Bags, Cosmetics, Chemicals & Pharmaceuticals, and Others. The Detergents segment is expected to account for more than 40% market share in 2018. The Agrochemicals segment is expected to emerge as the fastest growing segment in the market, owing to the increasing use of water soluble films in agriculture. This segment is expected to contribute around one-third to the market by 2026 end. The growth of this segment is attributed to the introduction of innovative packaging designs, new product launches, and increasing urbanization and disposable income of people around the world.
Growing hygiene consciousness among consumers coupled with rising standards of living are propelling the demand for detergents. In addition, positive growth witnessed by the hospitality industry is also contributing significantly to the demand for detergents, thereby supplementing the overall demand for water soluble films in the detergent packaging industry.  Agrochemical packaging is also among the major demand drivers for water soluble films in the global market. Agrochemicals such as pesticides, insecticides, herbicides, fertilizers, and others chemicals are witnessing augmented demand in the agricultural sector, thus creating lucrative growth opportunities for water soluble films during the forecast period.
The trend is the designing of water soluble films for the food industry.  The growing preference of consumers for convenience and biodegradable packaging solutions for the food industry leads manufactures to develop water soluble films for the food industry. Moreover, producers of water soluble films focus on developing water soluble films for antimicrobial packaging applications.
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Market value for the global water soluble films market is expected to expand 1.4X over the forecast period 2018-2026.
Some of the major players in the global water soluble films market include Acedag Limited, Fujian Zhongsu Biodegradable Films Co., Ltd, Amtrex Nature Care Private Limited, Changzhou Water Soluble Co., Ltd., Jiangmen Cinch Packaging Materials Co., Ltd, Guangdong Proudly New Material Thickness Corp, White Industries, Suvi Exports LLP, Noble Industries, KK NonWovens (India), Nippon Synthetic Chemical Industry Co., Ltd., Arrow GreenTech Ltd., Aquapak Polymers Ltd, Cortec Corporation, Sekisui Chemical Co., Ltd., MonoSol, LLC, Mondi Group Plc., MSD Corporation, Solupak Ltd., and Soltec Development SAS.
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Snap hinge caps & closure Market Useful Research Conclusions, Business Plans, Strategies With Forecast To 2024

  May 20, 2020    No comments
Global packaging industry is continuing to develop in fast pace in near future. Caps & closure are considered to be one of the important packaging solution among the manufactures of cosmetics, personal care and home care products. Caps and Closures are components, techniques or devices that are used to seal or close a bottle, jar, tube, can or any other container. Additionally, snap hinge caps & closure are also becoming a good packaging solution for the manufacturers of cosmetic & personal care products because snap hinge caps & closure offers an elegant look and the demand of luxury packaging is growing which is expected to enforce the manufacturers to use snap hinge caps & closure as a packaging solution.
Snap hinge caps & closure: Market Dynamics
The global snap hinge caps & closure market is expected to be driven by the rising growth of cosmetic & personal care industry during the forecast period. Cosmetic plays an important role to augment one’s beauty and physical appearance. Consumers are now becoming more aware regarding the usage of cosmetics in their daily life to enhance their style quotient, personal appearance and overall personality which in turn strengthens the growth of snap hinge caps & closure throughout the forecast period. Moreover, increasing nuclear family is expected to propel the demand of home care products which in turn strengthens the snap hinge caps & closure market in the near future. Rising number of middle income population group in developing countries of Asia Pacific is expected to further boost the demand of cosmetic as a result the demand of snap hinge caps & closure will increase.
The demand for home care products is increasing gradually in developing countries that in turn accelerates the sales of snap hinge caps & closure in the upcoming decade. In addition, over the last decade, the organized retail industry is experiencing a massive growth that is positively influencing the demand of snap hinge caps & closure market because brand owners are seeking for an innovative and new design for their cosmetic & personal care products. Moreover, cosmetic & personal care manufacturers are interested to provide the products to the consumer which has aesthetic look in order to differentiate the products from the competitors. 
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Snap hinge caps & closure Market: Regional outlook
In terms of geography, the global snap hinge caps & closure market has been segmented into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Among these region, Asia Pacific region is expected to register healthy growth during the forecast period owing to rising in cosmetic & personal care industry. Moreover, India, China and ASEAN countries are expected to be the attractive destinations among the manufacturers of snap hinge caps & closure. North America is also expected to execute prominent growth rate. Europe is also anticipated to register healthy CAGR during the forecast period. However, Middle East & Africa is expected to be sluggish throughout the forecast period. 
Snap hinge caps & closure Market: Key players
Some of the key players in the global snap hinge caps & closure market are Gil pack pharmaceutical packaging Inc., Nippon Closures Co Ltd., Kornelis, Global Closure Systems., AV Plastics Co., and others.
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PVC Cling Films Market to Remain Balanced During the Forecast Period

  May 20, 2020    No comments
PVC cling films are those thin polyvinyl films that are used for the purpose of food items packaging  so as to keep them fresh for a longer period of time. PVC cling films come in the form of rolls and that is how they are being sold in the market. PVC cling films are capable of staying tight over the opening of a food container even without an application of adhesive. PVC cling films are microwave safe and quite easy to handle as well. These films do not come with any plasticizer and so they can be re-heated. Absence of any plasticizer renders them environment-friendly. Despite being very thin, PVC cling films are solid and highly durable. Durability is a significant feature of PVC cling films. If the item that is covered with PVC cling films is moved, jostled, tampered with, or dropped in any way, the PVC cling films would still remain strong and protect the product. 
The noted manufacturers in the global PVC cling films market that have been profiled in this report comprise names like Reynolds Group Holding Limited., Sigma Stretch Film Corp., Mitsubishi Chemical Holdings Corp., Intertape Polymer Group Inc., Thong Guan Industries Berhad, and Multi Wrap (PTY) Limited.  Apart these noted players, there are other unrecognized local players who are anticipated to contribute significantly towards the global PVC cling films market.
Triggered by the collective efforts of these noted market players, the report by Transparency Market Research on global PVC cling films market is expected to rise at 4.5% CAGR over the forecast period, from 2018 to 2028. The market value of global PVC cling films market was estimated around US$659.5 mn in 2018. 
Rising Inclination towards Convenience Food Augments Market Growth 
PVC cling films are economical as compared to various other materials like foils and aluminum wraps. PVC cling films also make more space by keeping the items in an organized fashion through consolidation of items. PVC cling films provide flexible packaging solutions, which is aimed at boosting shelf life of the food product. PVC cling films avert spoilage of packaged fresh produce, such as vegetables, fish, fruits, and meat. PVC cling films are oxygen and moisture resistant. Hence, PVC cling films are extensively utilized in different end-use applications such as packaging of fish and meat, biscuits, cheese and various other products.
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Numerous local and international food service outlets make use of PVC cling films in bulk. Therefore, the PVC cling films market is projected to have a robust growth rate over the forecast timeframe. 
The global PVC cling films market has experienced robust growth in the last few years due to the rising consumer inclination towards convenient and ready-made food products, mainly because of hectic lifestyles. The rising need for PVC cling films will also generate vast opportunities for the packaging manufacturers to grow along with the market. Food producers are always looking for packaging manufacturers who can offer efficient and high-quality packaging solutions at an economical rate. PVC cling films fulfill such a need. All of these factors are projected to propel global PVC cling films market towards growth. 
On the down side, aluminum wraps can act as a bottleneck in the growth of the global PVC cling films market. 
The emerging countries in the Asia Pacific region such as India and China will clock a healthy CAGR over the forecast timeframe in the global PVC cling films market. It is due to the growing demand from the fast food industry. United States is projected to exhibit promising potential in the progress of global PVC cling films market. The growth is mainly attributed to the staggering rise of fast food service outlets and the growing inclination towards ready-to-eat meals in the region. 
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The information presented in this review is based on a TMR report bearing title “PVC Cling Films Market (Product Type - Machine Films, Manual or Handheld Films; Thickness - Up to 10microns, 10-15 microns, 15-20 microns, Above 20 microns; Sales Channel - Direct Sales, Indirect Sales; End Use - Dairy Products, Fruits & Vegetables, Bakery & Confectionary, Meat, Poultry, & Seafood, Cosmetics & Healthcare Products, Consumer Goods & Household, Food Service Outlets, Other Industrial Uses) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2028” 
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Medical Marijuana Packaging Market Trends, Analysis and Forecast 2024

  May 20, 2020    No comments
Medical marijuana can be defined as the use of cannabis for treatment of certain ailments. It can be utilized for medicinal uses; however, the complete safety and efficacy profiling is till unavailable. Medical marijuana is available in various forms such as flower or concentrates, which is extracted in the form of oils, extracts or edibles. Packaging medical marijuana is a growing business and many companies offer holistic solutions to medical marijuana manufacturers.
Medical marijuana packaging market is highly reliant on government regulations, as extraction, sale, and distribution not only varies from country to country, but also across states. Due to ever-evolving regulations on marijuana, the market is prone to fluctuations. The packaging manufacturing companies needs to make sure that the packaging is child-proof, opaque, unattractive, re-sealable, properly labelled, tamper-proof and in accordance with the state laws.
The global cannabis packaging industry has undergone significant growth and various companies have recently launched recyclable packaging such as metal cans, compostable cellophane bags, and compostable pouches. Product marketing through packaging is a focus area for packaging companies, but meeting local and federal laws is critical for success. The medical marijuana packaging market follows different strategies; for example, companies which are based in USA have an advantage to give custom based products in short time, whereas companies based in Asia Pacific can deliver products at cut-rate prices.
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Medical Marijuana Packaging Market: Region-wise Analysis
Region-wise, the medical marijuana market can be segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and Middle East-Africa (MEA). North America is a leading market for medical marijuana, whereas Europe and Asia-Pacific are expected to witness robust growth. The Asia Pacific medical marijuana packaging market is anticipated to witness steady growth during the forecast period, owing to growing use of marijuana in treating various mental illnesses.
Sensing the opportunity that this rapidly growing market offers, several packaging companies have made a foray into the medical marijuana packaging landscape. Some of the key companies operating in the marijuana packaging market are Cannaline, Inkable Label, Second Nature Agency, The Green Cross collective, Elevate Packaging, Blazin Bottles, Honest Marijuana Co., Elevate Packaging, Great Pacific Packaging, Inc., Brandsy Cannabis Creative, Dixie Elixirs & Edibles, McKernan Packaging Clearing House, Shatter Labels, Shenzhen (HK) Alfinity Technology Co., Ltd., Kush Bottles, CannaPack, High Supply, Marijuana Packaging, and Collective Supply.
Currently, a significant percentage of small-scale industries are actively involved in medical marijuana packaging market, considering the overall state of the market and the expected growth.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 
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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 ...