Automotive Tire Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Transparency Market Research has published a new report titled, “Global Tire Market for Automotive (Rim Size: 12’’-17’’, 18’’-21’’, and ≥22’’; Aspect Ratio: 35-55, 60-70, and 75-85; Material: Natural Rubber and Synthetic Rubber; Ply: Radial and Bias; Tube: Tubed Tire and Tubeless Tire; Season: All Season Tire and Winter Tire; Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle; Sales Channel: OEM and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global tire market for automotive is projected to surpass US$ 190 Bn by 2027, expanding at a CAGR of above 3% during the forecast period.

Global Tire Market for Automotive:

• According to the report, the global tire market for automotive is expected to expand steadily at a CAGR of 3%, owing to rising vehicle sales globally
• Rise in sales of vehicles in developing countries in Asia Pacific and Latin America is also anticipated to drive the global tire market for automotive

Expansion of Global Tire Market for Automotive

• Rise in sales of SUVs and crossover vehicles, due to change in consumer preference for high clearance and vehicles with sporty appearance, is fueling the demand for automotive tires. SUVs and crossover vehicles accounted for 34% of total vehicle sales in China and 42% of total global vehicle sales in 2017.
• Increase in competition among automakers is compelling them to increase the number of models and offer numerous tire options based on rim size and aspect ratio. Rise in consumer demand for SUVs and higher rim size vehicles is shifting the demand from low rim sizes to high rim sizes. Increase in disposable income of consumers is boosting the sales of luxury and premium vehicles, which in turn is fueling the demand for low profile or tires with aspect ratio 35-55.

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• Based on ply, the radial segment held a dominant share of the global automotive tire market in 2018. Its share is estimated to rise during the forecast period. In developing regions, such Asia Pacific & Latin America, commercial vehicles are undergoing a radialization, i.e., shift of preference toward deployment of radial ply tires. Commercial vehicles in these regions are dominantly bias ply; however, they are shifting to radial ply. Therefore, demand for radial ply tires in commercial vehicles is estimated to rise significantly.
• In terms of sales channel, the aftermarket segment held a prominent share of the automotive tire market due to the wear and tear nature of tires and requirement of periodic replacement. Rise in average age of vehicles and increasing number of vehicles on road are boosting the aftermarket segment.

Regional Analysis of Global Tire Market for Automotive

• In terms of region, the global tire market for automotive has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
• Asia Pacific dominated the global tire market for automotive in 2018 due to high volume sales of vehicles in the region and presence of large number of vehicles on road. North America and Europe are lucrative markets for winter tires, as winter tires are mandatory in several countries in Europe such as Norway, Russia, and Latvia. Moreover, North America, Japan, and China have also witnessed significant increase in winter tire sales and hence, these tires are anticipated to witness a steady demand.

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• Automotive tires in Europe, Japan, Brazil, and South Korea are required to be labeled according to noise, fuel efficiency, and rolling resistance. A similar labelling is likely to be adopted by other regions and therefore, boost the tire market for automotive.

Prominent players operating in the global tire market for automotive include Bridgestone Corporation, Continental AG, Michelin, The Goodyear Tire & Rubber Company, Pirelli & C.S.p.A., Apollo Tyres Ltd., CEAT Ltd., China National Tire & Rubber Co., Ltd., Cooper Tire & Rubber Co., Ltd., and Giti Tire

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Intelligent Transportation System Market by Types, Demand, Top Manufacturers and Application in Grooming Regions

According to the report, the global intelligent transportation system market is projected to surpass US$ 60 Bn by 2030, expanding at a CAGR of ~10% during the forecast period. The global intelligent transportation system market is estimated to expand at a CAGR of ~10% and surpass US$ 60 Bn by 2030 driven by the urgency to develop transport infrastructure in order to cope with increasing traffic congestion in urban areas across the globe.

Countries such as Japan, the U.S., the U.K., and Germany represent developed markets for ITS. Most ITS technologies are first developed, implemented, and tested in these countries.

ITS helped these countries to improve efficiency of their existing transportation networks, reduce fuel consumption, and number of road accidents. ITS, with their benefits, have gained popularity in South Korea, Singapore, Australia, and several other countries across the world. India, China, Brazil, and Russia are emerging markets and increasingly investing in ITS solutions to support economic growth.

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Expansion of Intelligent Transportation System Market

The urbanization of developing countries and growing prosperity among people residing in urban areas are boosting the demand for private & public transportation. More than 55% of the population resides in urban areas, and the UN estimates the figure to rise to 68% by 2025. Road traffic and congestion is straining the transport system, which, in turn, is driving the need to adopt ITS. Developing regions such as Latin America and Asia Pacific have rapidly dealt with lack of proper city planning. As a result, the transportation system is witnessing high congestion and adding to traffic woes. It has, thus, become a need for developing countries to adopt ITS.

Based on system type, the Advanced Transportation Management System (ATMS) segment held a leading share of the intelligent transportation system market during 2018. ATMS has been widely adopted across transport corridors to detect traffic congestions, accidents. ATMS devices are fitted to roadside infrastructure units and other public transport vehicles to collect data, analyze, and effectively control traffic situations.

In terms of application, the traffic management segment held a leading share of the global intelligent transportation system market, owing to the primary usage of ITS being to manage road congestion. Semi-autonomous vehicles are being already used, and various pilot projects are being undertaken for truck platooning and fully autonomous taxis. The automated vehicle segment accounted for a relatively minor share of the global intelligent transportation system market; however, it is gaining popularity worldwide.

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Major Players in Global Intelligent Transportation System Market

Prominent players operating in the global intelligent transportation system include Siemens AG, Hitachi Ltd, WS Atkins PLC, Nuance Communications Incorporation, EFKON AG, Garmin International Inc., Iteris Inc., Telenav, Inc., Thales Group, and Tom NV.

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Sanitary Napkin Market Report: Top Companies, Trends and Future Prospects Details for Business Development

Female hygiene and health are major concerns across the world. Sanitary napkin is an absorbent item used by a woman during her menstruation cycle. Sanitary napkins are made of cellulose, plastic, and cotton. Manufacturers are expected to focus on untapped rural markets and increase their CSR (corporate social responsibility) activities related to women's hygiene. Some of the major innovations in the sanitary napkin market include wings napkin, fragrant napkin, and quilting of the lining, panty liners, and reduction of pad thickness. Traditionally, sanitary napkins are made of hydrophilic wood pulp and rayon. These materials are slow to absorb fluids. Currently, manufacturers are using super absorbent polymers and also non-woven material which absorb fluid faster as compared to the traditional sanitary napkin. Furthermore, these materials minimize the thickness of the sanitary napkin. All these factors are expected to drive the sanitary napkin market during the forecast period.

The sanitary napkin market is driven by various factors such as change in buying preferences regarding sanitary napkins, increasing population of working women, growing awareness about female hygiene, and increasing health issues, all of which are contributing to the growth of the global market across the world. Furthermore, governments are encouraging companies to conduct hygiene campaigns and devise marketing strategies to change the perceptions of women and build their self-confidence and self-esteem, thus accelerating the global sanitary napkin market across the world.

Emerging trends which are driving the global sanitary napkin market include rise in e-commerce, growing acceptance of sanitary napkins, and increasing preference for organic products. There are various organizations such as iCare, Saathi pads, ZanaAfrica and others that provide reusable and cheaper sanitary napkins, in order to increase sanitation in rural areas. This helps to increase health awareness and promote the product among women in the rural areas. However, there are many substitutes in the market such as menstrual cups, tampons, and panty liners that are acting as restraints for the global sanitary napkin market.

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The global sanitary napkin market has been segmented based on type, material, pad size, pack size, distribution, and geography. On the basis of type, the market has been segmented into disposable menstrual napkin and cloth menstrual napkin (reusable). Based on material, the market is segmented to woven and non-woven material. On the basis of pad size, the market is classified into regular, large, and extra-large. Based on pack size, the market is segmented into 6 to 8 napkins, 8 to 15 napkins, 15 napkins to 20 napkins, 20 napkins to 30 napkins, and above 30 napkins. On the basis of distribution channel, the market has been segmented into online and offline distribution channel. The offline distribution channel is further classified into supermarkets/hypermarkets, drug stores, convenience stores, and retail stores.

In terms of geography, the market is classified into Europe, South America, Middle East & Africa, North America, and Asia Pacific. Asia Pacific is expected to create huge opportunity for the sanitary napkin market during the forecast period. Usage of sanitary napkins is low in rural areas due to lack of awareness about menstrual hygiene. For example, in India, nearly 80% to 90% of rural women are still using cloth at the time of menstruation. As a result, women face health issues like vaginal infection which is expected to drive the total sanitary market during the forecast period.

Major players operating in the sanitary napkin market include Procter & Gamble, Kimberly-Clark Corporation, Hengan International Group Company Limited, Edgewell Personal Care Company, Kao Corporation, Unicharm Corporation, Seventh Generation, Inc., Millie and More Pty Ltd., Hygienika Dystrybucja S.A., Premier FMCG (Pty) Limited, Corman S.p.A., First Quality Enterprises, Inc., Ontex Group NV, Svenska Cellulosa Aktiebolaget, Bodywise (UK) Ltd., Naty AB, TZMO, HengAn.com, Bella Flor Inc., Ontex, and others.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Non-alcoholic Beer Market Outlook 2020: Overview and Share Forecasted to 2026

Non-alcoholic beer is manufactured through the fermentation of raw materials such as malt, water, hop, and yeast. This process helps to obtain the taste of beer and allows to manufacture with the numerous flavors. Availability of the Non-alcoholic beer in numerous places has reduced the consumption of alcoholic beverages. Additionally, an increase in the adoption of a healthy lifestyle and growth in the population of non-drinkers have boosted the demand for non-alcoholic beer.

This report offers comprehensive information and wide-ranging evaluation of the global non-alcoholic beer market. The research report is based on the trustworthy sources such as press release, whitepapers, news updates, and assumptions. The report offers comprehensive profiles on these market players and assesses their current standing in the non-alcoholic beer market. The report offers company history, annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and recent research and development (R&D) activities.

Global Non-alcoholic Beer Market: Drivers and Restraints

The global non-alcoholic beer market is gaining traction due to rising adoption of zero alcohol or less alcoholic beverages. In addition, the factors such as swift urbanization, increasing disposable income, and rising pub culture coupled with increasing number of the health-conscious people are fuelling adoption of non-alcoholic beer as an alternative to the alcoholic beverages in the region. The aforementioned factors are propelling the growth of the global non-alcoholic beer market.

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Additionally, the stringent government laws against alcohol consumption are favoring the growth of the market. Rising awareness about the importance of non-alcoholic beer such as positive effects on the breastfeeding and reduction of anxiety and better sleeping. These factors are propelling adoption of non-alcoholic beer and are likely to drive the growth of the market.

However, the presence of substitutes in the form of natural-based and carbonated beverages is restraining the growth of the global non-alcoholic beer market. Nevertheless, new product development and increasing availability of non-alcoholic beer across numerous bars and restaurants are increasing penetration of the non-alcoholic beers globally. This factor is expected to create lucrative opportunities for growth over the forecast period.

Global Non-alcoholic Beer Market: Geographical Segmentation

On the basis of region, the non-alcoholic beer market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. Of these, North America is dominating the global non-alcoholic beer market followed by Europe. This growth is attributable to the high awareness of the consumption of low-calorie alcohol-free beer and other brewery products. Growth of the European market in is attributable to rising health consciousness. Additionally, the markets in the Asia Pacific and the Middle East and Africa are expected to expand with the faster pace owing to growing awareness about benefits of consumption of the non-alcoholic beers and surge in the emergence of pub culture.

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Global Non-alcoholic Beer Market: Competitive Landscape

Some of the key players operating in the global non-alcoholic beer market include Heineken International B.V., Anheuser-Busch InBev SA/NV, Krombacher Brauerei, Moscow Brewing Company, and Carlsberg. These players are increasingly focusing on the marketing of the non-alcoholic beer. Additionally, they are focusing on the research and development (R&D) activities for product improvement and expansion of production capacity.

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Toilet Paper Market Outlook 2020 | Regional Insights, Trends & Growth Forecast To 2026

Toilet paper remains the key tissue category, driving the tissue market forward through a combination of necessity and the general westernization of toilet culture. As the developing world continues to take the lion’s share of sales, multinational manufacturers are witnessing increased completion from emerging regional players. Toilet paper is used mostly for one purpose but different types of toilet paper can satisfy different conditions. 

Continuous research has led to the discovery of improved varieties of toilet paper. Ultra toilet paper is the latest innovation in the field. Ultra toilet paper is produced using a newer technology where air is blown into the fibers during the drying process. Such innovations are enhancing the growth of the toilet paper market. Strong demand for AFH (Away From Home) segment is driving the toilet paper market. Rise in disposable income, increase in travelling trend, and increased rate of eating out contributes to the rising demand. Toilet paper is much more dependent on the population increase mostly in mature markets which have high consumption per capita. 

One of the major restraints to the toilet paper market is the instability of the pulp price and the inability to predict it. The price of the pulp depends on a range of factors such as seasonal demand, the influence of foreign producers, etc. Moreover, some of the world’s fastest growing consumer markets, notably India and Indonesia do not use toilet paper for hygiene reasons, but wider exposure to AFH toilet paper could develop into retail demand in the long term.

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The global toilet paper market can be segmented based on type, material, end-use, distribution channel, and region. In terms of type, the toilet paper market can be divided into one layer, two layer, ultra, and others (three layer, four layer etc.). One-layer toilet paper is safest to avoid clogging the plumbing. Two-layer toilet paper is softer and more absorbent toilet tissue than one-layer toilet paper. Ultra toilet paper is a new innovation and is thick, soft, and more absorbent. Based on material, the toilet paper market can be bifurcated into fresh leaves, recyclable paper, and others. Recycled toilet paper is made from post-consumer waste such as textbooks and office paper. Using recycled paper means fewer trees are cut down.

In terms of end-use, the toilet paper market can be classified into household and commercial. In terms of distribution channel, the toilet paper market can be bifurcated into online and offline channel. Offline channel can be further divided into hypermarkets and supermarkets, departmental stores, and others. The advance of supermarkets in emerging markets has led to increased distribution of bulk toilet paper. In terms of region, the toilet paper market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Dynamic economies like the United States, Canada, Brazil, and South Africa are expected to hold a considerable share in the market owing to high number of bathrooms per capita.

The global toilet paper market is growing at a rapid pace. A large number of domestic and regional vendors are offering specific products for different end-users due to growth in design innovation and rise in competition in the market. Key players operating in the global toilet paper market include Procter & Gamble, Essity, Georgia-Pacific, and Kimberley Clark Corporation. Other players include Angel Soft, Caprice Green Toilet Paper, Charmin Ultra Soft, Coronet, Green Forest Unscented Bathroom, Kirkland Signature, Kleenex, Lotus Toilet Tissue, Naturelle Toilet Tissue, Nouvelle Toilet Tissue, Quilted Northern Ultra Plush, Scott Extra Soft, Scott Rapid-Dissolving Bathroom, Seventh Generation, Soft 'N Gentle, Tesco Value Toilet Paper, Traidcraft Toilet Tissue, Velvet Toilet Tissue, White Cloud, and Windsoft.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Aero Derivative Gas Turbine Market Trends 2020 Future Scope, Demands and Projected Industry Growths to 2026

Aero derivative gas turbine is a light-weight gas turbine. It mixes fuel with air to produce the required energy output. Aero derivative gas turbines have higher efficiency and are comparatively lighter than its alternative option such as traditional gas turbines. Aero derivative gas turbines are mainly divided into two categories: combined or closed cycle technology and open cycle technology. Most of the turbines are operated based on open cycle technology. In open cycle technology, turbines draw air from atmosphere that helps in producing high energy with low fuel consumption.

Capacity of aero derivative gas turbines varies from 0 MW to 65 MW. In terms of capacity, aero derivative gas turbines are categorized into turbines less than 18 MW and turbines greater than 18 MW. Aero gas turbines are in higher demand than other types of turbines due to their higher flexibility, shorter maintenance time, and lower carbon footprint. Aero gas turbines are used in various industries, such as oil & gas, marine, and aviation. Moreover, most of the regions across the world are shifting to unconventional clean energy technology from conventional type.

Rapid industrialization, coupled with rise in focus on cogeneration technology to fulfil growing demand for electricity across the world, is a key driver of the global aero derivative gas turbine market. Many countries today are investing heavily in aero gas turbines in order to replace coal fired power stations, as the former can provide sustainable energy while achieving clean energy target. Increase in demand for capability enhancement in aviation and rise in focus on maritime defense forces are projected to drive the aero derivative gas turbine market in the near future.

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Low carbon footprint, light weight, short maintenance downtime, and high cycle flexibility associated with aero derivative gas turbines are anticipated to augment the growth of the market during the forecast period. Furthermore, implementation of strict emission norms by governments across the world is expected to propel the global aero derivative gas turbine market in the next few years. However, presence of limited number of manufacturers against the rise in demand for aero derivative gas turbines is projected to restrain the growth of the market in the near future. Nevertheless, rise in demand for reliable power sources and sustainable and efficient technologies are expected to create significant opportunities for the aero derivative gas turbine market during the forecast period.

The global aero derivative gas turbine market can be classified based on capacity, technology, application, end-user industry, and region. Based on capacity, the market can be segmented into less than 18 MW and greater than 18 MW. In terms of technology, the global aero derivative gas turbine market can be categorized into combined cycle technology and open cycle technology. Based on application, the market can be divided into aero derivative services and heavy duty services. In terms of end-user industry, the global aero derivative gas turbine market can be categorized into energy, defense, oil & gas, marine, industrial, and aviation.

Based on region, the global aero derivative gas turbine market can be classified into North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., Italy, France, Russia, Poland, and Spain), Asia Pacific (China, Japan, India, South Korea, Australia, Singapore, Malaysia, and Indonesia), Middle East & Africa, and South America.

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Major players operating in the global aero derivative gas turbine market include General Electric, Opra Turbines, Siemens AG, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems Ltd, NPO Saturn, Rolls-Royce, Harbin Electric International Company Limited, ABB, Capstone Turbine, and Ansaldo Energia. Aero derivative gas turbines have two key parameters: efficiency and pricing. With increase in competition in the market due to presence of limited number of manufacturers, top companies are heavily investing in expanding their R&D facilities to develop and design durable, efficient, high-strength, and high-quality turbines. Moreover, they are striving to develop efficient, cost-effective, and sustainable technologies for application of aero derivative gas turbines.

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Artificial Plants Market Outlook 2020: Application and Future Forecast by 2026

Artificial plants, also known as faux plants, are made of high-quality plastics and fabrics such as polyesters. Artificial plants and flowers are an ideal way of adding beauty and color to a space for long term. Such plants can sustain in any weather condition, in both commercial and residential settings, with approximately no maintenance cost. Artificial plants, flowers, and trees are made from a wide variety of materials; however, polyester has become the first choice of manufacturers due to its availability and its affordability. Other materials used to manufacture artificial plants are silk, cotton, latex, paper, parchment, rubber, sateen (for large, bold-colored flowers and arrangements), and dried materials, including flowers and plant parts, berries, feathers, and fruits.

The global artificial plants market is anticipated to grow at an exponential rate in the near future. Demand for artificial plants and trees has increased rapidly in the last few years owing to improvement in design and technology in the products. In addition, artificial plants last for long period of time, and do not involve any maintenance cost. This is anticipated to increase the demand for artificial plants in the next few years. Additionally, artificial plants are increasingly becoming popular among the millennial. Lack of availability of time required for caring of real plants is anticipated to thrive the demand for artificial plants. Moreover, some people tend to develop allergies to certain types of real plants, which is not the case with artificial plants. This drives acceptance of artificial plants among customers.

However, unlike real plants, artificial plants do not release oxygen in the air and do not help in reducing volatile organic compounds (VOCs) from the air. This proves to be a restraining factor for the growth of the artificial plants market. Artificial plants are manufactured through advanced technologies to make them resemble real plants; however, this adds to their cost and makes them less affordable. Advanced technologies are prevalent in developed countries such as U.S., Canada and many countries in Europe. However, such technologies lacks in Asia Pacific regions. Technology transfer and penetration in the untapped markets can be a better opportunity for the growth of artificial plants market.

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The global artificial plants market can be segmented based on material type, end-use, distribution channel, and region. In terms of material type, the global artificial plants market can be categorized into silk, cotton, clay, leather, nylon, paper, porcelain, silk, polyester, plastic, wax, and others. According to end-use, the artificial plants market can be divided into residential and commercial.

The commercial segment can further be split into hotels & restaurants, offices, schools & universities, hospitals, theme parks, airports, and cruise ships. Based on distribution channel, the global artificial plants market can be bifurcated into offline and online distribution channel. Offline distribution channels can further classified into company-owned sites, ecommerce portals, etc., while offline channels can be segmented into supermarkets & hypermarkets, specialty stores, and mom and pop stores. Geographically, the global artificial plants market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Europe and North America are anticipated to acquire major market share owing to presence of advanced technologies and high-end commercial consumers such as airports, theme parks, etc. in these regions.Prominent players operating in the global artificial plants market include Treelocate (Europe) Ltd. (U.K.), The Green House (India), Sharetrade Artificial Plant and Tree Co., Ltd. (China), International Plantworks (the U.S.), Nearly Natural (the U.S.), Commercial Silk Int'l & Plantscape Inc. (the U.S.), GreenTurf (Singapore), Dongguan Hengxiang Artificial Plants Co., Ltd. (China), International TreeScapes, LLC (the U.S.), and Vert Escape (France). Players contest with each other with respect to new technologies, product designs, etc. in order to attain competitive advantage in the market.

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