COVID-19 Impact and Recovery Analysis – Global Automotive Electric Oil Pump Market 2020-2026

Transparency Market Research has published a new report titled, “Automotive Electric Oil Pump Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global automotive electric oil pump market is anticipated to surpass US$ 27 Bn by 2026, expanding at a CAGR of more than 20% during the forecast period.

Rising demand for electric mobility and fuel-efficient vehicles is driving the demand for the automotive electric oil pump. Stringent emission regulations have made it imperative for automakers to adopt engine downsizing technologies, such as electric oil pump. The electric oil pump is driven by an electric motor and maintains optimum oil pressure with low power consumption and high efficiency.

Rising consumer demand for fuel-efficiency and advent of technologies, such as start-stop and sailing, have necessitated the use of electric oil pump in the vehicle. Rising penetration of electric vehicles, assisted by government incentives and rising consumer awareness, is expected to boost the automotive electric oil pump market.

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In terms of application type, transmission electric oil pump and brake oil pump segments are expected to expand. Electric oil pumps have gained particular importance in automatic and hybrid vehicle transmissions. Electric oil pumps are utilized for cooling and suction purposes in continuously variable transmission (CVT), torque converters, and wet clutch transmissions. Rising penetration of automatic transmission is expected to boost the demand for automotive electric oil pump.

In terms of electric vehicle type, the battery electric vehicle (BEV) segment is anticipated to expand at a notable growth rate during the forecast period. Rising sales of battery electric vehicle is estimated to propel the demand of the automotive electric oil pump. Hybrid & plug in hybrid vehicles are increasingly adopting the electric oil pumps to improve vehicle efficiency.

In terms of sales channel, the OEMs segment is anticipated to dominate the automotive electric oil pump market, in terms of volume. The aftermarket segment is expected to expand at a steady pace owing to the failure of the motor, which is likely to fuel the demand for replacement.

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By region, Asia Pacific held highest market share during the forecast period. Rising production of electric vehicles in China has resulted in the high usage of electric oil pumps and led to dominance of Asia Pacific in global automotive electric oil pump market.

Key players operating in the global automotive electric oil pump market include FTE automotive, Hitachi Automotive, Rheinmetall Automotive AG, Johnson Electric, Nidec Corporation, Mitsubishi Electric, Mikuni American Corporation, Magna Powertrain, Inc., HUSCO Automotive, LLC, MAHLE Group, Delphi Automotive PLC., Robert Bosch GmbH, DENSO Corporation, ZF Freidrichshafen AG, Aisin Seiki, and SHW AG.

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Specialty Printing Consumables Market Comprehensive Analysis, Future Estimations, Growth Drivers and Forecast to 2024

According to the report, the U.S. specialty printing consumables market will exhibit a 4.4% CAGR from 2016 to 2024, rising from a valuation of US$24.09 bn in 2015 to US$35.75 bn by 2024.

Increased adoption of the 3D printing technology across a number of applications has allowed the most prominent manufacturers of specialty printing consumables in the U.S. to hold sway in the highly competitive market, observes Transparency Market Research in a recent report. Despite shrinking demand from conventional applications that rely more on digitized copies of documents that previously needed printing, companies are expected to benefit from the thriving 3D printing applications. Some of the leading companies in the market have already increased their focus on the area and are developing new product varieties to tap the rising set of growth opportunities that the trend is offering.

In terms of application, the office and professional segment is presently the dominant contributor of revenue to the U.S. specialty printing consumables market due to the extensive use of specialty printing in the office and professional space. The construction and introduction of new office spaces in the country is expected to further drive market growth in this sector.

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In terms of product type, the toner segment, which accounted for the dominant share of nearly 48% of the overall market in 2015, is expected to be the largest segment in the U.S. specialty printing consumables market over the forecast period. As most specialty printing demands are for bulk volumes, cost reduction of the entire printing process is one of the most effective way of gaining improved profits from the printing job. Being more cost effective than inks, toners are thus commonly used in printing processes. Over the forecast period, it has been projected that the substrates segment will be the fastest growing.

Steady Rise in Demand from Textile Sector to Drive Market

The specialty printing consumables market in the U.S. is chiefly benefiting from the steady expansion of domestic and industrial textile printing industries and the packaging printing sector. Growth in exports is fuelling the packaging industry, leading to a surge in demand for specialty printed packaging material. The diverse applications of 3D printing are further aiding growth of the specialty printing consumables market in the country. Furthermore, the advancements in the field of 3D printing and its growing adoption across healthcare, construction, aerospace, and several manufacturing sectors is leading to an increased demand for specialty printing consumables.

Moreover, rapid changes in fashion trends are resulting in the rising demand for printed textiles. This has bolstered the growth of the specialty printing industry in the country, resulting in higher demand for specialty printing inks and other consumables. Digital printing has aided in cost reduction in short-run printing services and is being increasingly adopted by textile printing and packaging printing companies. Additionally, the construction and development of educational institutions and corporate offices in the country is fuelling the need for specialty printing consumables in various printing activities such as printing banners, designing activities, printing posters, and other advertising activities.

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However, with increasing digitization, majority of businesses are being conducted on digitized platforms, which is reducing the need for printing. This is resulting in a decline in the specialty printing consumables market. Nevertheless, the specialty printing consumables market in the country could benefit from the high demand for short-run printing services due to increasing growth in print-on-demand services and the packaging printing sector.

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Raw Pet Food Market: In-depth Assessment, Key Trend, Industry Drivers, Future Roadmap by 2025

Every pet needs ample amount of nutrition in order to stay energetic, healthy, and cheerful. Raw pet food refers to the food meant for pet animals which is free from preservatives and processing. It is regarded to be healthier than the traditional processed foods that contain preservatives and may be harmful for the pet as it can lead to allergies such as yeasts on the skin, paws, and ears. According to veterinary doctors around the globe, a nutritious and a grain free raw diet plays a pivotal role in determining the overall health of the pet and its longevity.

Raw pet food is free from preservatives, synthetic additives, grains, fillers, and any meat by-product. Raw pet food contains high quality meat and vegetables. The raw food is immediately frozen after it is prepared which preserves its freshness. Feeding the pet with such high quality raw pet food improves the overall health of the pet, improves the pet’s digestive and immune system, and gives it a healthy skin and a thick coat. There is a growing trend of humanization among pet owners which means that the owners treat their pets as a part of their family and have deep attachment toward them. An increasing number of people are buying hybrid breeds of the pets which are regarded as rare species.

Furthermore, there is a growing trend of premiumization as a number of pet owners are willing to shell out more money for premium quality food products. Key players in the pet food industry follow stringent safety and quality control norms in order to maintain the quality of the ingredients used in making the raw food and prevent any adulteration.

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The growing concern among pet users regarding the health of their pets is anticipated to be the primary driver for the growth of the raw pet food market. Also, the growing awareness among the masses regarding raw pet foods through online blogs and recommendation by veterinary doctors is said to assist the growth of the market. The growing middle class population and the increasing disposable income of the individuals enable them to buy raw pet food which is expensive as compared to processed foods. Furthermore, the growing proliferation of brands in various regions is further driving the market. However, the adulteration of raw pet food with cheap quality ingredients is said to hinder the growth of the market. Nevertheless, growing awareness pertaining to the authenticity of the raw pet food among pet owners is set to have a positive impact on the market.

The global raw pet food market is segmented on the basis of food type, pet, sales channel, and geography. On the basis of food type, the raw pet food market is bifurcated into dry food and wet food. Depending on the pet, the market is segmented into dogs, cats, and others. In terms of sales channel, the market is segregated into online and offline. Based on geography, the market is separated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The key players in the raw pet food market includes Pedigree Petfoods, Essential Foods, Friskies PetCare Company, Royal Canin, Bravo, LLC., Stewart Brand Dog Food, Colgate Palmolive Co., J.M. Smucker Co., Nestle SA, Raw Paws Pet, Inc., Raw Basics LLC, and BARW World, among others.

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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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Stain Remover Products Market – Worldwide Opportunities, Driving Forces, Future Potential 2021 – 2025

Stain remover products are available in various forms such as liquids, powders, bars, sprays, sticks, tablets, wipes, foams, gels, and packs. These products usually contain bleaches, surfactants, enzyme preservatives, fragrances, and coloring agents depending upon the type. The common stain types are mud, milk, soil, barbeque sauces, red wines, beetroot, coffee, coke, blood, honey, mayonnaise, baby food, honey, oil, and tomato sauce. Stains and spots on clothes can be removed if they are treated with the right products at the right time. Freshly occurred stains are usually easier to treat; thus, manufacturers are focusing on pre-laundry cloth treatment products which are portable, compact, and convenient to use. The stain remover keeps clothes fresh and soft for a longer period of time, thereby extending the clothes life.

Increasing penetration of washing machines in emerging economies is the key factor driving the stain remover products market. Many laundry vendors are now running campaigns to increase hygiene and health awareness related to laundry product usage. The basic human tendency of keeping clothes fresh and stain-free is one of the buying criteria for stain remover products market.

Product packaging is also one of the differentiating factors for all types of laundry care products as manufacturers are concentrating more on innovative packaging, thereby helping consumers to decide on their product preference, choice, and the final purchase. Consumers prefer stain removers which can help in cleaning their clothes quickly and conveniently.

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High-quality fabric innovation has supported the global stain remover products market as the customer’s choice of quality fabric is changing along with time. Manufacturers are also catering to the needs of consumers by providing them products for specific stains. For instance, Evergreen Labs manufactures the Wine Away stain remover product for removing wine stains. These factors are expected to drive the demand for stain remover products over the forecast period.

The increasing e-commerce industry is expected to be the major factor driving the growth of the stain remover products market, especially amongst the working class, owing to the ease of convenience and accessibility. The e-commerce platform is largely dominated by companies such as Target, Amazon, and Walgreen. E-commerce distribution channel is also expected to be the fastest growing distribution channel.

In the past few years, the lifestyle of both developed and developing countries has changed significantly such as in Russia, India, and China owing to rapid increase in urbanization. Women are becoming more career driven. Increase in working women has led to the combined increase in disposable income in dual-income households which has led to higher average household incomes. Stain removal products keep the fabric and color quality of the clothes intact along with removing the stains. These products are generally all-in-one which is ideal for the working households who generally prefer quick and convenient cleaning options for their daily laundry.

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The stain remover product market can be segmented by product into powder, liquid, bar, and others which includes sprays, sticks, tablets, wipes, foams, packets, and gels. By application, the market can be classified into commercial and residential end-user segments. Commercial applications include laundry services, textile industry, and hospitality industry whereas residential applications include household cleaning.

The major industry participants in the global stain remover products market include Church & Dwight, Henkel, Reckitt Benckiser, Proctor & Gamble, S.C. Johnson, The Clorox Company, Amway, ACE Gentle, Attitude, Bio-Tex, Biokleen, Bissell, CR Brands, Buncha Farmers, and Dr Beckmann.

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Cylindrical Door Lock Market Technology Growth and Development 2020 to 2025

The cylindrical door lock is a specially designed lock that goes through the door, this unique specialty of the lock makes it different from others type of locks. This lock is more feasible to use hence, it replaced the old lock design of door. One end point of the lock has knob or lever attached to it, which retracts the latch when it is turned or pressed. This is a highly preferred lock system for doors and its usage is increasing progressively due to rise in electronic advancement and ease of use. This lock is installed by a boring method and has a two-fold locking mechanism. It helps to guard the safety of the door and acts as an armor that protects from misuse and enables proper authentication to access for the desired user. The commercial and residential sector has been witnessing an increase in usage of the cylindrical door lock in recent years due to safety and security concerns.

The global cylindrical door lock market can be segmented on the basis of product, design, application, end-user, distribution, and region. In terms of product, the cylindrical door lock market can be classified into non smart cylindrical door lock and smart cylindrical door lock.

Based on design, the market can be segregated into mortise door lock, electronic or digital lock, deadbolt lock, heavy duty lock, and others. In terms of application, the cylindrical door lock market can be segmented into private homes, small residential complex, cloakroom facilities, garage doors, and offices. In terms of distribution can be segregated into offline distribution channel and online distribution channel. The offline segment can be further sub-segmented into hypermarket, supermarket, retail stores, and ecommerce distributors. Based on end-user, the cylindrical door lock market can be categorized into residential sector and commercial sector.

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In terms of region, the global cylindrical door lock market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe and the Asia Pacific held significant share of the market in terms of demand and revenue, due to expansion of commercial and residential sector. Additionally, in Asia Pacific region, there is a strong chain of a network for distribution channel that boosts to gain a huge market over here. The market in Middle East & Africa is expanding due to the rising preference for using cylindrical door locks. North America and South America are witnessing an increase in demand for door safety and security system. The increasing demand across the globe for cylindrical door lock can enhance an investor’s business  by investing in cylindrical door lock market all over the globe.

The drivers for the business of cylindrical door lock are increasing safety solution for door safety in residential & commercial sector, antitheft features for security, easy to handle, and use of locking applications in interior decoration. However, it have constraints such as high prices,  ignorance for cylindrical door lock and advancement in digital lock which has advance security system enabled with retina or finger scanners. But, it has an opportunity for improving profits by improving distribution channel, Innovation of cylindrical door lock by new design, technology and merging business with safety & security solution sector to gain better business opportunity across the globe.

Key players operating in the global cylindrical door lock market are Assa Abloy, Allegion, Kaba Group, Baldwin Hardware, Alarm Lock Stanley Security Solutions, Liberty Safe and Security Products, Jiangmen KEYU Intelligence Co, ltd, Guangdong BeTech Security Systems Limited Liberty Safe and Security Products, Techlicious, and The Eastern Company.

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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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Feed Yeast Market Emerging Growth Factors with Current Trends and Future Estimations

Yeast is called a single-celled fungus. The yeast that is applied in food and feed is known as Saccharomyces Cerevisiae. Feed yeast find major application in ruminants since they are considered to be the most developed market for live yeast usage. Further, few strains of Saccharomyces Cerevisiae can help prevent the reduction in the rumen pH which is linked with feeding a diet based on cereals and this seems to be linked with a reduction in rumen lactate concentrations. Rumen acidosis occurs when a ruminant consumes a large amount of rapidly fermented carbohydrates.

Yeast products are also included in equine diets and such products are added to their diets in order to prevent digestive disorders. Horses are vulnerable to gastrointestinal disturbances due to a sudden change in their diets which results in the alteration of fermentation patterns ultimately resulting in metabolic disorders. Yeast products also used in pig nutrition, but the resultant action differs from the action observed in ruminants and equines. Inclusion of yeast products in pig nutrition has shown an increase in immunoglobulins in sow milk and minimized diarrhea.

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High consumption of meat is the key factor complementing the growth of the feed yeast market at present. Some of the countries that consumed the highest amount of meat during the period of 2015 to 2016 include Australia, which recorded consumption of 92.5 kg/per capita during the period. Brazil recorded consumption of 75.2 kg/per capita in the same year, Canada accounted for 68.1 kg/per capita while China accounted for a consumption of 50 kg/per capita. The EU accounted for a total consumption of 68.3 kg/per capita. However, U.S. accounted for the maximum consumption of 95.4 kg/per capita compared to the mentioned countries.

Consumer demand for clean protein sources in meat products such as yeast has led to the growth of meat consumption, which in turn has stimulated the growth of the feed yeast market. Further, bar on antibiotic growth promoters in several countries across the globe has also paved the way for feed yeasts as they are considered to be cost effective and less harmful when compared to the other types of feed additives. Further, they also act as nutritive supplements. Additionally, increasing concern about animal nutrition is another factor fuelling the growth of the feed yeast market at present.

However, lack of awareness about feed yeas and the benefits associated with the same among the farmers in the developing countries is one of the key factors hindering the growth of the market at present. Further, high cost of production is another major factor barring the growth of the market. Government rules and regulations regarding the packaging, manufacturing and labeling of yeast feed is yet another factor restraining the market at present.

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Based on types, the market is segmented into live yeast, spent yeast and yeast derivatives. Based on livestock, the market is segmented into poultry, swine, ruminant, equines, and pet animals among others. Further, based on forms, the market is segmented into fresh, dry and instant.

Geographically, the market is classified into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific is expected to exhibit a fair growth during the forecast period. Europe is another major market for feed yeasts as well.

The global feed yeast market is marked by some intense competition from the major players operating in this market. Mergers and acquisitions, joint ventures and partnerships, and geographical expansions are some of the key strategies adopted by these players to ensure long term sustenance in the market. Some of the major players operating in the global feed yeast market include Archer Daniels Midlands Company, Nutreco N.V., Diamond V, Leiber GmbH, Cargill Inc., Associated British Foods Plc and various others.

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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Nail Care Market Present Scenario and Growth Analysis till 2027

According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at a CAGR of approximately 7.0% during the forecast period.

Asia Pacific held a prominent share of the global market in 2018. The market in the region is projected to expand at a rapid pace during the forecast period. According to the report, the global nail care market is expanding significantly, in terms of size and value, due to the expansion of the e-commerce retail market, which in turn is driving the nail care market in the region.

This trend is anticipated to be continue during the forecast period. Increasing population of working women and changing male preference toward nail treatment is a key factor driving the global nail care market. Furthermore, popularity of gel polish has increased in both salons and homes. In particular, gel polish that does not require the use of an LED light is boosting the at-home gel market. Over 10% of women who do their own nails report using gel polish without an LED light, as compared to just 7% of those who use gel polish that requires an LED light. These are major factors that are expected to drive the nail care market during the forecast period.

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Based on product type, the nail color segment accounted for a leading share of the global nail care market in 2018. However, the nail treatment segment is projected to expand at a significant growth rate in the near future, as several nail brands are expanding from polish to the development of treatment products for the feet and hands. The nail color segment includes liquid nail color, gel nail color, base coat and top coat nail color sub-segments. Under nail color segment, liquid nail color hold the majority of market share while the gel nail color sub-segment is projected to expand at a rapid pace during the forecast period. This is due to continuous launch of new products that contain natural ingredients. These factors are expected to drive the nail care market during the forecast period.

In terms of sales type, the packaged segment accounted for a major share of the market, and expand at a rapid pace, in 2018. It is estimated to maintain its dominant position during the forecast period, as consumers are moving from nail salon to at-home care options. Earlier, premium brands used to be available only at a nail salon. However, the availability of premium brands at home boosts packaged sales in the premium nail polish market.

Asia Pacific accounted for 34.2% share of the global nail care market in 2018, followed by North America and Europe. It is anticipated to maintain its dominance during the forecast period. However, in terms of year-on-year growth, demand for nail care products is projected to rise at a rapid pace in Asia Pacific, followed by South America and Europe. Major manufacturers of nail care products are launching entire product ranges for men in response to a rise in demand from the segment. Grooming as a regimen is not restricted to women anymore, and manufacturers are taking note of this and catering to the demand. This is largely driven by the demand from APAC owing to the influence of South Korea-based beauty trends. This has led to the emergence of similar trends in Japan, China, India, Brazil, and Russia.

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Manufacturers operating in the global nail care market are facing intense competition. Market players often use price/quality characteristics to position their brands. In order to maintain their position in the market, players are offering free shipping and discounts on nail care products to customers. Key players operating in the global nail care market include American International Industries, Barielle Ltd., California Chemical Specialties, ChromaDurlin (NV Organics), CNC International B.V., OPI Products, Inc., Creative Nail Design, Inc., Delia Cosmetics, Fiabila S.A., IL Cosmetics Group, Kirker Enterprises, Inc., and Polychromatic (Keystone Research & Pharmaceutical Inc.).

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