Chemical Protective Clothing Market Segment by Application

• The chemical industry has been expanding at a rapid pace due to the growth in economy in developing countries. Chemical products are used across various industry verticals such as industrial manufacturing, oil & gas, mining, food, fire and safety, and military.
• This necessitates the use of protective clothing. Chemical protective clothing safeguards the wearer from hazardous chemicals. It includes gloves for hand protection, caps and helmets for head protection, safety goggles for eye protection, safety shoes foe feet protection, and coveralls, coats, and shirts for overall body protection.
• Strong growth of the chemical industry and new development of high performance fabrics are expected to drive the chemical protective clothing market.

Strict working safety regulations by government and increase in safety concerns among workers anticipated to influence the global chemical protective clothing market

Implementation of safety standards varies from one country to another. Under the United States Department of Labor, various agencies such as Occupational Safety and Health Administration, and Mine Safety and Health Administration regulate safety norms for various industries.

Similarly, the European Agency for Safety and Health at Work regulates the safety norms for countries across various industries in Europe. Many countries are enacting strict regulations for work wear safety at different workplaces. This is expected to drive the demand for chemical protective clothing in various industries. Rise in awareness about safety among workers while working with chemicals is also anticipated to boost the chemical protective clothing market.

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Rapid industrialization and improvement in economic conditions in emerging countries expected to drive chemical protective clothing market

Increase in pace of industrialization in growth in economies is a key factor boosting the chemical protective clothing market. Emerging economies such as India, China, and Brazil are witnessing increasing industrialization to improve manpower productivity due to the rise in population. Demand for chemical protective clothing is estimated to increase due to the rise in employment rates in various industry verticals. Expansion in automotive, chemical, oil & gas, construction, and manufacturing industries is projected to boost the chemical protective clothing market.

North America and Europe regions hold major share in global chemical protective clothing market

• Geographically, the global chemical protective clothing market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the chemical protective clothing market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the chemical protective clothing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America chemical protective clothing market is segmented into Brazil, and Rest of South America.
• Increasing awareness about labor safety and stringent government laws boosting the demand for product across North America and Europe regions.

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Biodegradable Packaging Materials Market Is Seeing Explosive Growth by Future Industry Winners

The groundswell of interest in biodegradable packaging materials world over is riding on the wave of the rising popularity of environmental-friendly, recyclable alternatives. In the packaging industry, the adoption of biodegradable packaging among manufacturers has gathered immense pace in recent years. The wide breadth of materials that fall under biodegradable packaging bear the key characteristic of decomposition or degradation into natural materials when acted upon by microorganisms in relatively short time frame when placed in natural environments. They are biodegradable polymers that can be either bio-based or fossil-based, and in most cases can be harvested from nature made using green manufacturing processes.

Bio-based biodegradable materials are biopolymers come from plants and microorganisms. Some of the popular items used for packaging are starch-based plastics, cellulose, poly (lactic acid) (PLA), polycaprolactone (PCL), polyhydroxybutyrate (PHB), and chitosan. They may contain blends of synthetic materials containing additives and pigments used to enhance the functional attributes of the final packaging. Some of the popular biodegradable packaging paper materials are corrugated board, boxboard, and flexible paper.

The report offers evidence-based insights into the key growth dynamics, prominent trends, technological advances, and the strategic landscape. Market participants looking for clear signals on emerging opportunities and lucrative avenues will find the study a treasure trove.

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Global Biodegradable Packaging Materials Market: Trends and Opportunities

The use of biodegradable materials in the packaging industry is gaining strength from the constantly rising demand for recyclable materials in end-use industries such as personal and home care, food and beverages, and pharmaceuticals. This is notably underpinned by spiraling consumer awareness about their benefits. In particular, in the food packaging industry, there has been an extensive use of biodegradable packaging materials to promote green living in various parts of the world, essentially by reducing waste. Several regional and global regulations to reduce the ecological hazards of overflowing landfills have provided a striking momentum to the adoption of biodegradable packaging materials. In addition, the sustained and substantial thrust to adopt sustainability in modern living has led to a wide-ranging demand for such packaging materials in recent decades.

In various parts of the world, the move toward adopting biodegradable materials among manufacturers has gathered steam on account of efforts to supplant petroleum-based with corn-based biodegradable products. This has also been driven by intensifying focus of numerous governments to adopt a low-carbon economy. Developing cost-competitive biodegradable packaging materials has gained traction in the packaging industry across the globe. The advent of packaging products made of biodegradable materials that contain a variety of blends has led to product innovations, unlocking promising avenues in the global market.

Global Biodegradable Packaging Materials Market: Regional Outlook

The study offers a comprehensive assessment of current dynamics and emerging avenues in various regional markets. On a regional front, a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.

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Companies mentioned in the report                 

The study offers an elaborate assessment of the competitive dynamics, which includes key strategies adopted by various players to either gain a better foothold in the market or to consolidate their shares. Several players are focusing on introducing new biodegradable packaging solutions that have better mechanical and thermal properties. Moreover, several prominent players in end-use industries are harping on commercialization of biodegradable packaging by increasingly adopting biodegradable packaging across their key products. Over the years, this is likely to raise the ante higher for bioplastics manufacturers who may focus on product innovations. Key players operating in the global biodegradable packaging market include Biopac, NatureWorks LLC, BASF SE, Kruger Inc., Mondi Group, and Clearwater Paper Corporation.

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Intermediate Bulk Containers (IBC) Rental Services Market Trends, Analysis and Forecast 2019 – 2027

Growing industrial packaging market due to rise in international trade and requirement for cost effective bulk packaging has fuelled the global demand for intermediate bulk containers (IBC) rental services market. Rental IBCs services serve a great purpose of conserving capital, also facilitating the use of IBCs by small scale end users. Rental services market is also expected to generate huge lump sums of revenue for the manufacturers. The financial and production benefits gained from renting IBCs include tax and capital savings along with improved inventory management. Renting provides the ability to get the IBC when needed, into production by the end user.

Intermediate Bulk Containers (IBC) Rental Services Market: Market Dynamics

The global market for intermediate bulk containers (IBC) rental services is characterized by product offering that provide cost and functional benefits in terms of business objectives. Low levels of down payment requirements and small instalment allows end users to manage and control working capital requirements expended on intermediate bulk containers (IBCs). Cost effective capital management and elimination of non-working assets allows companies to control operational costs and stay competitive in the market.

The global market for intermediate bulk containers (IBC) rental services is characterized by existence of extensive market segments for end use. Food and beverages, agrochemicals, industrial chemicals, petroleum and lubricants, paints, inks and dyes, pharmaceuticals and building and construction and building are prominent end use segments for the global market for intermediate bulk containers (IBC) rental service.

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The global market for intermediate bulk containers (IBC) rental services is characterized by supply of IBCs made of plastic and metal. Plastic intermediate bulk containers (IBC) are highly preferred over other material type due to convenience and flexibility in manufacturing.

Industrial chemicals segment accounts for a major chunk in the global IBC market, wherein the IBCs are used for the transportation of hazardous chemicals to minimize snapping chances. Petroleum and lubricants segment is the second largest end user utilizing IBCs for the bulk transportation of petroleum and constituents for cross border trade activities. Food & Beverages segment is expected to expand at the highest CAGR during the forecast period 2017-2027.

Intermediate Bulk Containers (IBC) Rental Services Market: Regional Outlook

The intermediate bulk containers (IBC) rental services market is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan.

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Global Intermediate Bulk Containers (IBC) Rental Services Market: Competitive Landscape

Some of the players operating in the intermediate bulk containers (IBC) rental services market include TPS Rental Systems Ltd, CCR a member of Hoyer Group, American Machining, Inc., Arlington Packaging and CHEP.

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Garbage Bag Market Growth, Trends and Forecast To 2023

According to the World Bank report, the amount of garbage generated in urban areas, globally, is growing at a faster rate than the rate of urbanization. On an average, each person produces 1.2 kg of garbage per day and, thus, 7.4 million tons of garbage is produced per day in the world. This waste comes from households, schools, offices, market places, restaurants, industries, commercial complexes, agriculture, etc.

A garbage bag is a flexible material used for the collection, storage, disposal, and handling of garbage. In addition, it has a very wide application in the transportation and distribution of garbage. It has variety of names such as bin bag, trash bag, rubbish bag, can line, etc. Three Canadians, Harry Wasylyk, Larry Hansen, and Frank Plomp, produced the first garbage plastic bag in 1950. In the 21st Century, there are different materials available for the production of a garbage bag.

Those materials include Low-Density Polythene (LDPE), High-Density Polythene (HDPE), recycled polythene, liner blend polythene, Medium Density Polythene (MDPE), Metallocene Polythene (mPE), degradable polythene, woven polypropylene, biodegradable polythene, and co-extruded plastic bags. Garbage bags produced from these materials are low cost, hygienic, leak proof, lightweight, durable, portable, offer resistance to air & water, meet FDA and USDA specifications, and can be recycled. These bags come in a variety of colors, such as black, pink, green, white, transparent, etc. They are also available in variety of sizes, depending on their end uses. Garbage bags find a wide range of applications in day to day life and are widely used in households, colleges, offices, shops, restaurants, hospitals, industries, etc. 

Evolving life style of consumers, increasing health and environmental awareness, and supportive environmental policies implemented by various governments across the globe are the major factors responsible for the increasing global demand for garbage bags and, thereby, their market growth. Owing to its value added applications, right from handling of waste to transportation and distribution of garbage, the market for garbage bags is expected to create significant growth and investment opportunities for players operating in the market, especially in the developing countries. Besides, the garbage bags market is expected to continue to grow steadily in developed nations, wherein the consumer demand for garbage storage and handling bags is high. The main growth drivers for the market are private consumers, retailers, and local packaging firms, which focuses more on delivering the product in the local market.

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However, sustainability of the garbage bag market majorly depends on new product innovation, such as garbage bag with enhanced odor control benefits. Additionally, presence of big and small retailers and increasing consumer preference for using cheap local products has created a highly competitive environment for big brands of garbage bags.

The global garbage bag market is segmented based on: its material of construction, available sizes, and end users. By material of manufacturing, the global garbage bags market is segmented into HDPE, LDPE, LLDPE, linear blend polythene, degradable polythene, biodegradable polythene, and woven polypropylene. By size, the market is segmented into 25 liters, 35 liters, and 50 liters & above. By end user, the global garbage bag market is segmented into consumer and industrial.   

By geography, the global garbage bags market has been classified into seven key regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, the Middle East & Africa, and Japan. The global garbage bags market is anticipated to expand at a double digit CAGR over the forecast period. Asia Pacific market is expected to be the most attractive market for garbage bag packaging due to large volumes of produced garbage from urban agglomerations. As of 2016, China is the largest garbage bags market in Asia Pacific, followed by India, and the market in these countries is expected to grow rapidly in the near future. North America, followed by Western Europe, are the other prominent regions projected to hold a promising future growth potential in the garbage bags market by the end of 2026.  

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Some of the key players in the global garbage bag market are Allied Plastics, Berry Plastic Corporation, Clorox Australia Pty Limited, Cosmoplast, Heyuan Ruijian Plastic Products Co., Ltd., International Plastics, Kemii Garbage Bag Co. Ltd., Luban Pack, Novplasta, S.R.O., and Terdex.

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Impact of COVID-19 on Reusable Water Bottles Market

The demand within the global reusable water bottles market is treading along an upward trajectory in recent times. The need for fostering sustainable practices across leading industries has brought reusable water bottles under the spotlight of attention. Moreover, the energy sector has made emphatic claims about the need for using recyclable, reusable, and environment-friendly products. The growing concerns of the energy sector about a potential environmental crisis has led them to take bold steps towards sustainability. International bodies for managing climate change and environmental damage have sent clarion calls for a change in lifestyles. All of the aforementioned factors have driven sales across the global reusable water bottles market.

Transparency Market Research (TMR), in its report, predicts that the global reusable water bottles market would expand at a steady CAGR of 4% over the period of 2019 and 2027. The steady rate of growth can be pegged to the inability of several industries to boycott the use of plastic products. The total value of the global reusable water bottles market is expected to touch US$ 1.1 Bn by the end of the forecast period. Growing demand for reusable water bottles in the sports sector has helped in driving sales across the market. Besides, stipulation of strict environmental policies across several countries has also aided market growth.

Development of Green Standards across Key Industries

Use of plastic bottles is gradually running out of practice across several territories. There is growing relevance of reusable bottles and containers, especially across the residential and commercial sector. Besides, international bodies have initiated awareness campaigns about the ills of using plastic bottles. Therefore, the global reusable water bottles market has gained momentum over the past few years. The large brigade of environment activists has propagated green standards across multiple industries. This factor shall help manufacturers of reusable water bottles in increasing their profit margins in the times to follow.

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Corporate Social Responsibility (CSR) Initiatives

Use of paper and other reusable materials has helped large companies in establishing their responsiveness towards managing environmental degradation. Moreover, several companies have drifted away from using plastic bottles and containers as a part of their corporate social responsibility. Henceforth, the corporate industry is making ardent efforts towards popularising the use reusable water bottles. Small companies are quick to draw inspiration from larger firms, especially when the latter introduces new CSR strategies. As large firms embrace the use of reusable water bottles, smaller firms are expected to follow suit. Moreover, growing sophistication across the corporate sector shall also pave way for the inflow of fresh revenues in the market.

Some of the leading vendors operating in the global reusable water bottles market are BRITA GmbH, Tupperware Brands Corporation, Klean Kanteen, Inc., Contigo, Aquasana, Inc., and SIGG Switzerland AG

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Underfill Market 2020 Demand with Trending Key Players Analysis

Transparency Market Research delivers key insights for the underfill market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global underfill market is projected to register a CAGR of ~9% during the forecast period.

Asia Pacific Underfill Market to Register Double Digit Growth over Forecast Period

The Asia Pacific region is a highly lucrative market for players offering underfill material, as it is a noteworthy manufacturing hub. The growing interest in smartphones and automotive MCUs boosts the growth of the underfill market in this region, as the manufacturers of the above mentioned products account for a substantial demand for underfill materials. China is projected to cross US$ 100 Mn by 2021 in the underfill market. This growth can be attributed to the increased support of Chinese Government in the development of the semiconductor industry in the last few years. According to Chinese Semiconductor industry Association (CSIA), high imports of integrated circuit valued over $300 Bn were recorded in 2018. All these factors contribute to the high demand for underfill material over the forecast period of 2019-2027.

New Entrants to Use Eclectic Approaches in Underfill Market

The microelectronic industry is governed by more complex devices, due to the trending system on chip (SOC) and system in package (SIP). The trends in portable end use market are driving the global underfill material market growth. New companies that strive to penetrate the underfill market are trying to develop processes or materials that guarantee a good output at a reduced cost to establish their presence in the market. If new entrants are well-funded, they can opt for more modern approaches, and try to develop underfill materials and plans that can be used to save overall production cost.

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In the flip chip packaging of low-k devices, underfill choice is extremely crucial. Companies are introducing underfill materials that offer better properties for leading edge semiconductors that use low-k inner layer dielectric materials for wafer fabrication. This helps companies to meet the rising demand for underfill material and capture a larger market share. The interference of key suppliers in the underfill market is low, thereby enhancing the scope of growth for small & regional players in the market.

Moreover, being a technology-driven market, the underfill market is expected to be shaped by the recent advancements in the electronic industry. This end-use segment demands underfill products that are compatible with lead-free solder paste material, as a result of the latest trend of sustainability in the electronic industry. Thus, some of the leading manufacturers in the market are offering underfill material products that are compatible with lead free solder paste.

Underfill Market: Competitive Landscape

TMR has identified some of the key players in the underfill market - Henkel AG & Co. KGaA, Panasonic Corporation, NAMICS Corporation, Nordson Corporation, H.B Fuller, Epoxy Technology Inc., Yincae Advanced Material, LLC, Master Bond Inc., Zymet Inc., AIM Metals & Alloys LP, Won Chemicals Co. Ltd., and Bondline Electronic Adhesives, Inc.

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Manufacturers can leverage the remunerative growth potential offered in the global underfill market. In order to gain the most benefits out of this scenario, key players such as Henkel AG & Co. KGaA and Panasonic Corporation are strengthening their presence in the global underfill market by focusing on collaborations and mergers.

• In August 2019, Henkel AG & Co. KGaA partnered with ALPLA to invest more than US$ 130 Mn in infrastructure and equipment for production of new bottle. A few years ago, the company launched a new generation (NCP) underfill material–LOCTITE ECCOBOND NCP to overcome challenges from use of capillary underfill materials in flip chip devices.
• In September 2018, Panasonic launched a new underfill product CV5794, which increases the reliability of automotive electronic systems by reinforcing the solder connections between semiconductor packages and printed circuit boards to meet the stringent industry requirements.

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Laser Plastic Welding Market Competition by Manufacturers

Transparency Market Research delivers key insights for the laser plastic welding market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020–2025. In terms of revenue, the global laser plastic welding market is projected to register a CAGR of 8.4% during the forecast period.

Consistent Demand from Automotive Industry to Bolster Market Growth

The amount of plastics used in the automotive industry is consistently rising, as it lowers the manufacturing cost and reduces the weight of vehicles. Manufacturers operating the automotive industry used laser plastic welding frequently to join interior and exterior plastic components, as it provides excellent joint quality and precise welding. Furthermore, strong joints formed with laser plastic welding with high precision and accuracy that do not affect the sensitive components close to the welding area, resulting into a high requirement of the laser plastic welding in the automotive industry.

In addition, shifting inclination of consumers towards highly aesthetic automotive vehicles across continents is creating ample amount of opportunities for manufacturers. Besides this, the rising purchasing capability of an average person to buy vehicles is one of the vital factors fueling the expansion of the laser plastic welding market. 

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Plastic to Metal Joining Welding Gaining Momentum in Global Market

Metallic industrial products are robust and ductile, and plastics are lightweight and easily formable. A variety of plastic and metallic products is used in industries frequently, owing to their significant properties. The importance of joining metal and plastic has witnessed a tremendous rise in recent years. There are various methods such as rivets, adhesives, and others to join these plastics and metals. However, the current trend of laser-assisted metal plastic joining (LAMP) is gaining traction across the globe, owing to its numerous applications such as short time joining, stable joint for a long time, easy automation, and no requirement of adhesives and rivets.

Furthermore, the laser-assisted metal plastic joining (LAMP) method is applicable to join two dissimilar metals with a plastic intermediate sheet, to prevent local electric-physical corrosion in metals. The rising adoption of laser-assisted metal plastic joining (LAMP) method over the other conventional method to join metal and plastic product effectively is projected to boost the laser plastics welding market growth during the forecast period.

Lucrative Opportunities in Emerging Countries

Laser plastic welding systems and techniques are predominantly used in various key industries such as electrical & electronics, healthcare, automotive, and others. The demand for advanced laser plastic welding systems in these industries is consistently rising due to its ability to weld 3D and complex shapes. Prominent end-use industries such as healthcare and electrical & electronics have witnessed a healthy growth over the past 10 years, and this is anticipated to continue during the forecast period. Moreover, the market growth is not just in mature markets of North America and European countries, but also in fast-growing and developing countries such as China and India. Rapid penetration of healthcare and electronics industries in these countries is likely to create a positive impact on the demand for laser plastic welding machines in the upcoming years.  

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Key Players in Laser Plastics Welding Market  

Prominent players operating in the global laser plastic welding market accounts for a substantial portion of the market share. Key players are adopting inorganic growth strategies to expand into new geographies. Recently, LPKF Laser & Electronics AG, one of the leading players operating in the laser plastic market has introduced PowerWeld 3D 8000 and laser plastic welding machine for mass production of small parts. Some of the leading players in the laser plastic welding market are TRUMPF GmbH + Co. KG, Han's Laser Technology Industry Group Co., Nippon Avionics Co., Ltd., Jenoptik AG, Rofin Sinar Technologies Inc., Amada Miyachi Co. Ltd., Bielomatik Leuze GmbH + Co. KG, LPKF Laser & Electronics AG, DILAS Diodelaser GmbH, Leister Technologies AG and Dukane IAS LLC.

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