Wicketed Bags Market Growth Survey 2020 to 2028 and Industry Analysis Report

Transparency Market Research delivers key insights on the wicketed bags market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020-2028. In terms of revenue, the global wicketed bags market is projected to expand about 1.5x its current market value by the end of 2028, owing to the high demand for flexible and transparent packaging. The retail & consumer segment is likely to create an incremental opportunity of more than US$ 518 Mn between 2020 and 2028. The wicketed bags is highly demanded in the food & beverages industry.

Wicketed bags are gaining significant traction nowadays due to its cost-effectiveness and more efficiency. Many of the end users such as retail, institutional, and industrial are switching to use these bags as a packaging solution, as these bags have high yield and tear resistance. Additionally, waterproof packaging is a major concern among many end users for ensuring their product safety and shelf life. Wickets provided in bags allow packaging operator to transfer product more efficiently from the worktable to the plastic bags and then to follow sealing operation. This increases speed of packaging and production activities ensuring maximum productivity for the organization. Therefore, lucrative sales opportunities are expected for wicketed bags in the near future.

For better market understanding, research team has considered consumption and sales of wicketed bags as per various materials used for manufacturing of such bags and applications across five regions. End users have more inclination toward eco-friendly material; therefore, consumption of non-biodegradable material-based wicketed bags is rapidly increasing since the past three years. As per the TMR analysis, Asia Pacific region is anticipated to hold the share of more than 40% of the global wicketed bags market by 2028. North America and Europe are expected to dominate the market in 2020, owing to wide applicability and high production of wicketed bags.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18755

Prominence of Transparent Packaging Solutions for Enhanced Aesthetic Appeal to Impact Sales

A trace of the product’s quality is perceived by the transparency of the package. If consumers are not able to see what is inside the package, they are less likely to purchase it. The surge in the demand for see-through packaging is on the rise, especially in the food & beverages industry, as it imparts visually pleasing appearance and enhances the shelf visibility of the product. Therefore, product differentiation is the main focus point of manufacturers, especially in the consumer goods segment.

Clear packaging can be achieved by using wicketed bags, as they offer superior gloss and transparency to the package. This also enables dispensing of food items such as bread & bakery products. This enables cost reduction, as there is no need of labelling, printing, and other decorations on packaging.

Substantial portion of consumers make purchase decisions at the point of purchase, which is likely to be influenced by the packaging format and aesthetics of packaging. Therefore, the demand for see-through or transparent packaging using wicketed bags is higher in developed countries of North America, which will further drive the market in the upcoming years.

Recycling of Plastic Bags Posing Challenge for Wicketed Bags Market

Recycling of plastic bags is one of the major challenges for manufacturers and users. Wicketed bags are mostly manufactured using multi-layer blend of co-extruded polyethylene for boosting its strength. Furthermore, to make it attractive, many end users are using printing inks and other materials. Recycling of plastic bags having composite material layers and ink and dye are resulting in degrading quality of recycled plastic resins.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18755

In order to minimize this, key players are manufacturing wicketed bags using bio-degradable material, which has less impact on the environment and is easy to recycle. Several states in Europe maintain strict packaging rules for both, manufacturers and distributors. Government authorities operating in many countries introduced stringent regulations on plastics below 50 micron in order to reduce the carbon emission and release of harmful chemicals. In addition, there are several laws enacted by the FDA regarding plastic use, specially associated with food and pharmaceuticals packaging.

Packaging manufacturers operating in European and American countries are required to comply with the legislative requirements of regional governments to sell products. Small-scale wicketed bags manufacturers operating in the U.S. flexible packaging segment are not able to compete in the market due to high expenditure on innovation of existing products to comply with existing rules and regulations. All these factors are projected to restrict the wicketed bags market growth to a certain extent.

Read More

Fragrance Packaging Market Major Manufacturers, Technology Trends, Functional Survey 2025

As per expert analysts, the global fragrance packaging market is anticipated to usher at 5.0% CAGR during the forecast period of 2017 to 2025. The initial valuation of the market stood at US$2,031.9 mn and it is expected to rise to reach a valuation of US$2,119.9 mn by the end of the forecast period.

The global fragrance packaging market displays a moderately competitive market landscape owing to diverse approaches adopted by several prominent players, reports Transparency Market Research. The competition between the market plays is mainly driven by new product innovations. Key players in the global fragrance packaging market include Continental Bottle Co. Limited, Alcion Plasticos, Quadpack Ltd, Glaspray Engineering & Manufacturing Co. Ltd., Intrapac International Corporation, Gerresheimer AG, and Swallowfield Plc. These companies are focusing on expanding their footprints in the developing countries to gain stronghold in the market. Moreover, they are working on enhancing the appearance and packaging of the products.

Based on material type, the global fragrance packaging market is classified into paperboard, plastic, glass, and metal. Out of these, the metal material segment is expected to lead the market during the forecast period owing to extensive use in packaging deodorants and aerosol cans.

On the geographical front, the global fragrance packaging market is segmented into Asia Pacifuc, North America, Latin America, the Middle East and Africa, and Europe. Of them, Europe holds dominance over the market on account of high demand from France and Germany.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=34931

With an increase in the number of e-commerce sites and the ease of use offered by these sites, consumers are highly incline towards e-retailing. Moreover, it enables the consumers to purchase numerous foreign brands sitting in the comfort of their home. This factor has influenced the global fragrance packaging market favorably, thus propelling its growth.

Furthermore, changing lifestyle has led to an increase in the focus on grooming products, especially in the younger generation. This has played a prominent role in augmenting the growth of the fragrance packaging market. Moreover, progression economies leading to an increase in the purchasing power has contributed to the market’s expansion.

The enhanced visual appeal of perfumes has also led to their popularity among the masses, thereby supporting the market’s expansion. In addition to this, extensive use of perfumes as gift items and high demand for luxury good has spiked the global fragrance packaging market’s growth. Another factor boosting the market’s growth is the development of new fragrances.

However, along with the numerous drivers, there are a few restraints confining the fragrance packaging market’s growth. Factors such as high costs of perfumes and rise in perfume imitations may hinder the market’s growth. Nonetheless, development of cost-effective products and products with lesser concentration of chemicals may offset the effects of the restraints.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34931

Development of Recyclable Packaging Solutions to Create Avenues 

A perfume brand, Floral Street appointed James 3D Products develop a substitute to  conventional over-packaging. As a result, James 3D Products came up with an idea of recyclable packaging. They developed a box using renewable natural wood fibers from their own recycling plant and forests. The packaging is naturally biodegradable and fully recyclable. Moreover, it had an aesthetic look and feels. Development of such sustainable packaging solutions has created numerous growth avenues for the fragrance packaging market owing to the environmental concerns.

Read More

Coffee Packaging Market Top Key Players, Industry Segments and Forecast to 2027

The global market for coffee packaging is likely to showcase a fragmented nature with the existence of a high number of players in the market, states a new study by TMR. The players in the market are giving emphasis to novelties in the packaging techniques, which is likely to support the development of the market in the next few years. The development of new products and the growing investments by companies for research activities are predicted to accelerate the market growth in the near future. The prominent players engaged in the coffee packaging market across the globe are Sonoco Products Company, Sixto Packaging, Amcor Limited, ProAmpac LLC, WestRock Company, Co Pack, Inc., Crown Holdings Inc., Mondi PLC, Goglio S.p.A., Pacific Bag, Inc., Bemis Co Inc., Shenzhen Packmate Packaging Co., Ltd.Novolex Holdings, Inc., DS Smith PLC, and PBFY Flexible Packaging.

The global market for coffee packaging is emerging at a rapid rate. As per the research study, the market is predicted to register a potential growth rate over the next few years. Geographically, Europe is expected to account for a substantial share of the global coffee packaging market over the next few years.

The remarkable rise in the number of people drinking coffee on a daily basis is considered to be the main factor accelerating the growth of the market in the next few years. The strict regulations for packaging is further predicted to ensure the development of the market in the near future. The coffee packaging market across Asia Pacific is anticipated to witness a positive growth over the coming few years.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=25091

Innovative Coffee Packaging to Encourage Market Growth in Near Future

The global market for coffee packaging is expected to witness a promising development over the next few years. The rise in the number of people who are consuming coffee at a regular basis is one of the main factors that is predicted to ensure the development of the market in the coming years.

The growing demand for coffee from restaurants, hotels, office cafeterias, and others is projected to support the development of the market in the near future. In addition to this, the leading companies in the market are emphasizing on innovations, which is likely to generate substantial growth opportunities in the next few years.

Furthermore, the packaging industry has been going through several technological developments, which is likely to work in favor with the coffee packaging market over the next few years. The efficient and innovative packaging, which helps in keeping the coffee fresh for a long time and it is likely to directly impact the taste of the coffee beans. Also, the key players in the market are making ardent efforts to launch airtight, innovative, and attractive packaging for coffee, which is anticipated to accelerate the development of the market in the near future.

Request For Custom Research Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=25091

Preference for Different Types of Drinks to Inhibit Market Growth

The global coffee packaging market is predicted to witness a slight downfall in the growth of the market in the next few years. The rising preference of people to prefer fruit and vegetable juice and the rising number of people consuming tea are predicted to hamper the development of the market in the next few years. Nevertheless, the enhancement of the distribution segment and the development of new packaging techniques are estimated to enhance the development of the coffee packaging market in the near future.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Coffee Packaging Market (Packaging Type – Pouches, Side Gusseted Bag, Block Bottom Bag, Stick Pack, Bag In Box, Bottles, Cans, Containers & Boxes, Sacks, and Others; Material Type – Plastic, Metal, Paper and Paper Board, Glass, and Others; Distribution Channel – Institutional Sales, Retail Sales) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2027.”

Read More

Waterproof and Weatherproof Label Market – Global Competition Outlook by 2025

The global market for waterproof and weatherproof labels has attracted immense responsiveness form the customers. The market players are expected to rely on this response of the customers and adopt novel business strategies to capture a greater market share. The leading market players include Fuji Seal International, INC., Bemis Company, Inc., LabTAG.com., Ahlstrom-Munksjö, Brady Worldwide, Inc., SYMBIO, INC, UPM Raflatac Ltd, Herma Gmbh, PMC Label, Avery Dennison Corporation, Lintec Corporation, NFI Corp, A Weber Packaging Solutions, Inc., Robos GmbH, and Co. KG, Advanced Barcode and Label Technologies, Inc., WS Packaging Group, Inc., 3M Company, ZIH Corp, and CCL Label, Inc. The competitive landscape over the coming years would reply on the moves of these key players.

The market for waterproof and weatherproof labels is expected to grow at a steady rate over the coming years. Transparency Market Research forecasts that the CAGR for the period between 2017 and 2025 would settle at 5.0%. The market that was valued at US$16.09 billion in 2017 is anticipated to escalate to a value of US$23 billion by 2025. Based on the printing technology, the market is segmented into thermal printed labels digital printed labels, flexographic printed, and lithographic printed labels.

Out of these categories, the digital printed labels are expected to clock the greatest market share, expanding at a CAGR of 5.20% over the forecast period. On a geographical scale, the market for waterproof and weather proof labels can be segmented into North America, the Middle East and Africa, Latin America, Asia Pacific, and Europe. The Asia Pacific market is expected to register a CAGR of 6.6% over the forecast period, reflecting the integrity of the regional market. The bright prospects of the market owe to the prominence of the Chinese market and the need to combat hazards in retail outlets in India.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30818

The resistance to abrasion is one of the finest qualities of these labels, which leads up to their increasing demand. The climatic adversities cannot affect these tags, thus, reflecting their durability. This persuades the brand manufacturers to extensively use these labels for their products. The most unique feature endowed by these labels is that they can be centrally tracked, which makes it easy to stay in control of large amounts of products being transferred.

This has popularized the product amongst large brands that have to consign good across several regions. The wide range of benefits offered by these labels has made them popular in multiple industries. Earlier, these labels were restricted to the hazardous products and chemicals; their usage has now spurred into pharmaceuticals, food and beverages, and consumer goods as well. A recent propensity to use foil in these labels has gained momentum because this shields the material from environmental harm. Since these labels retain the print emblazoned on them, brands who want the visibility of their logo on the product use these labels.

Popularity of Surface Printing Could Obstruct Growth

Despite the utility of waterproof and weatherproof labels, the rise of surface printing poses a major threat to the market. It is always easier to directly emblazon the brand names on the products without the use of labels, which is what surface printing does. This is a haunting factor for the market and could slow down progress. Nevertheless, the market is expected to reap the benefits of its extensive reach across several industries.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30818

The review is based on a market research report by TMR titled ‘Waterproof and Weatherproof Label Market (Type – Non-adhesive Based Labels (Glue Applied Labels, In-mold Labels, and Sleeve Labels) and Adhesive-based Labels (Permanent Labels and Removable Labels); Material – Specialty Paper, Foil, Plastic (Polypropylene (PP), Polyethylene (PE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polycarbonate (PC), and Polymethyl Methacrylate (PPMA); Printing Technology (Digital Printed Labels, Thermal Printed Labels, Lithographic Printed Labels, and Flexographic Printed Labels); End-use Industry – Food, Beverage, Pharmaceuticals, Cosmetics and Personal Care, Automotive and Mechanical Parts Packaging, and Chemicals) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025’.

Read More

Farm Tire Market Statistics, CAGR, Outlook, and Covid-19 Impact 2020-2025

Transparency Market Research has published a new report titled, “Farm Tire Market [Application: Tractors, Harvesters, Implements, Irrigation, Forestry, Others; Tire Type: Radial and Bias; Equipment Horsepower: 0-80Hp and 80-200HP; Sales Channel- OEM and Aftermarket] – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2025.” According to the report, the global farm tire market is projected to reach US$ 10 Bn by 2025, expanding at a CAGR of 4.94% during the forecast period.

According to the report, the global farm tire market is likely to be driven by a range of macroeconomic and industry-specific factors. Europe is expected to be at the forefront of global demand, with the market in the region expanding at a CAGR of 5.43% between 2018 and 2025.

Increasing demand for agricultural products led by rising population across the globe is anticipated to be a major driver of the farm tires market during the forecast period. Moreover, encouraging government policies, such as subsidies on agricultural products and agricultural machinery, are estimated to trigger the adoption of farm tires. Governments of developing countries, generally, provide attractive financing options with low interest and subsidies on farming equipment in order to augment the production of farms and to cater to the demand for food by the growing population.

Economic expansion has propelled the investment for the improvement of agricultural infrastructure across the globe, specifically across developing countries, which are witnessing heavy investment in agricultural equipment. This, in turn, is anticipated to boost farm tire market during the forecast period.

Request A Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60639

Growing population is projected to fuel the need for agricultural products in the next few years. Since automation is the only way to increase agricultural productivity and meet the requirements of the growing population; demand for agricultural machinery including tractors, harvesters, Implements, and others is anticipated to rise significantly during the forecast period. Furthermore, the Chinese government provides subsidy on agricultural machinery. Greater encouragement for export along with expansion of the agricultural service industry are anticipated to boost the agricultural output during the forecast period. Rapid urbanization, surge in incomes, and increased demand for processed food are likely to boost agricultural activities, which in turn is expected to propel the use of various agricultural vehicles during the forecast period.

Bias tires can operate at lower speeds and are less susceptible to wear and tear from rocky terrain. Moreover, they are less expensive as compared to radial farm tires and therefore, currently, dominate the farm tire market. Radial farm tires are expensive; however, they offer 10% to 15% more traction than bias tires, thus improving efficiency by saving fuel. Furthermore, they have a longer tread life, better wear durability, and provide a smoother ride. Consequently, an increasing number of farmers are switching to radial farm tires. Thus, their demand is expected to rise during the forecast period.

Based on sales channel, the farm tire market has been segregated into OEM and aftermarket. The aftermarket segment dominated the farm tire market. It is expected to maintain its dominance during the forecast period. Farm tires need to be replaced frequently, as they undergo wear & tear due to their operation under heavy load and on rough terrain. Moreover, increasing awareness about vehicle maintenance and establishment of aftermarket dealers in developing countries are expected to propel the aftermarket segment during the forecast period.

Request For Customization Report@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60639

In terms of region, the global farm tire market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Rise in agricultural activities, industrialization of agribusiness, along with the presence of major tire manufacturers and tractor and farm related equipment manufacturers in India and China are projected to boost the farm tire market during the forecast period. Use of modern farm machinery along with continuous development in the field of tractors and farm-related equipment in North America and Europe are anticipated drive the farm tire market in the respective regions.

Prominent players operating in the global farm tire market include Balkrishna Industries Limited (BKT), Bridgestone Corporation, Continental AG, MICHELIN, Mitas, TBC Corporation, Titan International, Inc., Sumitomo Rubber Industries Ltd., and Pirelli & C. S.p.A.

Read More

Self-Balancing Scooter Market Business Statistics and Research Methodology by Forecast to 2025

Self-balancing scooter, also called a hoverboard, is a one or two wheeled powered vehicle that balances both rider and itself on the basis of the driver’s leaning action. The in-built sensors measure the rate and pitching angle and send signals to the motor to drive accordingly, thus balancing the scooter. These scooters contain lithium-ion-batteries and can be fully charged within three hours. They can easily cover distance up to 10-15 km with one full charge. Moreover, wireless chargers similar to the one used for mobile phones are expected to be launched in the forthcoming period, thus aiding their growth further.

The key factor driving the growth of the self-balancing scooter market includes the balancing act of the scooter. It is easier to accelerate, stop, and operate the scooter. Moreover, self-balancing scooters are eco-friendly and light-weight, making them convenient to carry it anywhere. It runs on rechargeable batteries and is noiseless. Thus, owing to the low power consumption and low maintenance cost, a self-balancing scooter is considered to be a better alternative to walking as well as regular electric scooters and is increasingly used in parks, manufacturing facilities, shopping complexes, etc. across several countries of the world.

The key restraint affecting the self-balancing scooter market includes the early reporting of improper functioning of the device and overheating of battery, leading to catching of fire. Owing to this, these scooters are banned in several countries as a part of safety regulation. However, after increased investment in research and development as well as advertising and marketing strategies, self-balancing scooter manufacturers are again expecting to witness growth in countries across the world. Despite this, high cost and lack of awareness are still expected to be major hindrances for self-balancing scooter manufacturers, especially in the developing countries of the world.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39146

The opportunity anticipated to boost the self-balancing scooter market includes its increasing demand in college campuses owing to its stylish look and fun ride experience. Also, it is noise-free and operates on electricity, thus causing no pollution. Apart from being environment friendly, it incorporates advanced features including wireless charging and Bluetooth. Thus, the increasing inclination toward advanced electronic devices is expected to provide opportunities to the self-balancing scooter market in college campuses in the near future.

Also, self-balancing scooters are expected to explore new opportunities in assisting security guards and police officers in patrolling areas of public gatherings where automobiles might not be an efficient alternative     .

The self-balancing scooter market can be classified on the basis of product type, end-use industry, and geography. On the basis of product type, the self-balancing scooter market can be classified into unicycle and double wheeled. On the basis of end-use industry, the self-balancing scooter market can be segmented into personal and commercial. The commercial industry can be further segmented into security applications, corporate campus, and manufacturing facilities. In terms of geography, the self-balancing scooter market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. Europe is expected to be a highly attractive region contributing to the self-balancing scooter market owing to high disposable income of consumers and availability of sufficient area to use these scooters in the region.

Enquiry Before Buying@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=39146

Prominent players operating in the self-balancing scooter market include Hangzhou Chic Intelligent Technology Co., Ltd., Ninebot Inc., Shenzhen Counterbalance Technology Co., Ltd., Inventist, Inc., Segway, Inc., Koogo Technology Inc., Freego Inc., Oxboard B.V., Robstep GB, IPS Electric Unicycle Co., Limited, Evoy Technologies, LLC, Razor USA, Sky Walkers USA, RioRand Advanced Technology, and Shenzhen Iezway Technology and so on.

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.

Read More

Rocker Arm Assembly Market Challenges, Business Overview and Forecast Research Study

According to the report, the global rocker arm assembly market is projected to surpass US$ 23 Bn mark by 2030, expanding at a CAGR of ~1% during the forecast period. Rapid urbanization owing to an increase in population seeking employment, development of road and infrastructure, and expansion of the construction industry are expected to fuel the demand for transportation.

Furthermore, growth of the e-Commerce industry coupled with rapid expansion of the logistics industry across the globe and rise in demand for heavy duty vehicles for cargo transport and shipment are anticipated to propel the demand for heavy commercial vehicles. All these factors are anticipated to increase the production of automobiles during the forecast period and consequently, drive the global rocker arm assembly market.

Expansion of Rocker Arm Assembly Market

The rise in government initiatives for reduction of vehicle emission across the globe is expected to fuel the use of rocker arms in vehicle engines globally, which in turn is likely to boost the automotive rocker arm assembly market growth. Engine modification is the adjustment or tuning of the internal combustion engine (ICE) to yield optimal performance, and increase the engine’s power output, fuel economy, and durability. Tuning the rocker arms in an engine in terms of higher ratio of rocker arms enables the same cam lobe profile to produce the total valve lift, resulting in increased power output.

Request Sample For More Information@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=79635

Aftermarket players also introduced roller rocker arms to replace stamped steel stock rocker arms in the older vehicle models to increase their performance. Performance rockers contain a roller bearing center fulcrum and a roller on the valve end of the arm to reduce friction. These are huge improvements over the stock rockers, which enable performance at higher rpms with reduced friction. According to some manufacturers, changing from stud mounted rockers to shaft mounted rockers produces 10 to 15 more horsepower owing to increased valve train stability. Therefore, trends toward engine modification are expected to propel the global rocker arm assembly market.

Regional Analysis of Rocker Arm Assembly Market

In terms of type, the global rocker arm assembly market has been split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Based on region, Asia Pacific is projected to be highly lucrative market, globally, during the forecast period. Asia Pacific has presence of major auto manufacturers. Additionally, China and India have a prominent aftermarket industry that caters to the automobile industry. China and India have comparatively higher consumption of vehicles than that of any other country, globally. Therefore, an increase in vehicle production coupled with rise in disposable income of the population across Asia Pacific is projected to boost the rocker arm assembly market during the forecast period.

The increasing adoption of rocker arms is projected to directly impact the growth of the global rocker arm assembly market. Rocker arm assembly machines are increasingly being due to a range of benefits, including material shortage indication, automatic elimination of NG parts during feeding, and low possibility for material jamming. Although majority of rocker arms are produced from stamped steel, the aluminum has emerged as a popular choice of materials among players involved in the current rocker arm assembly market due to the growing demand for lightweight vehicles, especially in economy cars. Roller rocker arms have emerged as the most popular type of rocker arms and its adoption is slated to be higher than that of flat rocker arms during the forecast period.

Grab PDF Brochure For More Insights@ 

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=79635

The automotive sector is one of the hardest hit sectors amid the ongoing COVID-19 pandemic due to which, the growth of the global rocker arm assembly market is expected to remain sluggish in 2020. Delay in the delivery of raw materials, restrictions on cross-border trade of non-essential commodities, shutdown of the industries in China in the first quarter of 2020– a major automotive raw material supplier, and stringent lockdowns imposed by governments in various parts of the world are expected to hinder the growth of the global rocker arm assembly market in 2020. However, the market is likely to gradually recover from the initial slump as industries are opening up and lockdown restrictions are being lifted in several major automotive hubs worldwide.

Read More