Sanitary Valves Market 2021 : Promising Growth Opportunities With Global Key Companies

 

• Sanitary valves are used to maintain high level of hygiene during the production process in different end-user industries including pharmaceuticals, and food & beverages.
• The growing use of sanitary fittings in food & beverage and pharmaceutical industries has triggered the growth of the sanitary valves market.

Sanitary Valves Market Dynamics

• Growing need to maintain a hygienic environment in agricultural, food, and pharmaceutical industries is considered a key factor promoting the demand for sanitary valves and thereby encouraging the growth of the market in the coming years.
• Sanitary valves are an integral part of fluid management systems in these industries.
• Moreover, end-users are increasingly adopting extensive sanitary practices during the production process due to strict government regulations to maintain hygiene in food & beverages and pharmaceutical industries.
• The development of valve positioner technology is one of the emerging trends in the global sanitary valves market.
• Valve positioners are used to adjust positions of the actuators based on a control signal.
• Valve positioners can offer information regarding valve stroke and thrust, actuator output pressure, temperature, valve seat wear or plug wear, and valve performance due to the advancements in sensor technology and reduction in the cost of sensors. A smart positioner utilizes a microprocessor to control the valve and facilitate exact operation.

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• Moreover, sanitary valve companies offer smart positioners to observe and record information for online diagnosis. This can help in early recognition of wear or tear in valves.
• Smart positioners offer high precision and stability. These advantages of smart positioners are expected to be one of the major trends in the next few years and it is projected to augment the growth of the market across the world.
• However, fluctuation in prices of raw material used for making sanitary valves is expected to hinder the adoption rate of sanitary valves. Raw material price volatility makes companies wary about adopting sanitary valves, thereby hindering the sanitary valves market.

Sanitary Valves Market: Segmentation Analysis

• Based on product, the sanitary valves market can be segmented into control valves, single seat valves, double seat valves, and butterfly valves.
• Control valves segment accounted for major share of the market in 2018. Market share of this product segment is expected to increase and thereby it is likely to maintain its leading position in the sanitary valves market over the forecast period.
• In addition, double seat valves product segment is expected to witness highest adoption rate among users and hence this segment is projected to expand rapidly over the forecast period.

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• Based on end-user, the sanitary valves market can be categorized into processed food industry, beverages industry, and pharmaceuticals industry.
• The pharmaceuticals industry is a prominent users of sanitary valves. This industry segment accounted for major share of the sanitary valves market in 2018 and is expected to retain its leading position in the market over the forecast period.

Asia Pacific to Lead the Global Market for Sanitary Valves

• In terms of region, the global sanitary valves market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• Asia Pacific is likely to dominate the global sanitary valves market from 2019 to 2027.

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• Additionally, the market in Asia Pacific is anticipated to expand significantly in the near future. Emerging economies such as China and India are expected to contribute significantly to the expansion of the sanitary valves market due to the rapid expansion of food and pharmaceutical industries coupled with growing hygiene awareness in these industries. This is expected to be a major factor that drives the demand for sanitary valves, and thereby boost the market in the region.

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Microwave Packaging Market Briefing, Technology Advancement and Future Scope till 2030

The global microwave packaging market is growing on the back of growing demand for convenient and portable packaging solutions such as flexible packaging. Microwave packaging solutions are available in two types, namely, films and pouches.

An upcoming research report from TMR on the microwave packaging market provides comprehensive study of challenges, drivers, restraints, and opportunities in this market. The report delivers dependable data on shares, volume, and revenues of this market during the tenure of 2020 to 2030.

Global Microwave Packaging Market: Growth Dynamics

In recent period, there is consumer inclination toward using diverse microwave packaging solutions such as pouch packaging. Key reasons attributed to this popularity are cost-effectiveness, lightweightness, and durability of these solutions. This aside, microwave packaging solutions are customizable as per the requirement of end users. Owing to all these advantages, the global microwave packaging market is experiencing prominent growth opportunities.

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Global Microwave Packaging Market: Notable Development and Competitive Analysis

Major players in the global microwave packaging market are focused on providing innovative packaging solutions to their consumers. This aside, several enterprises are announcing partnership and collaboration agreements. The key motive of these moves is to sustain in the highly competitive atmosphere of the global microwave packaging market.

The list of key players in the global microwave packaging market includes:

• Amcor
• Berry Global Group
• Coveris Flexibles
• Bemis Company
• Sealed Air
• Graphic Packaging Inernational
• Sonoco
• Ampac Holdings

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Global Microwave Packaging Market: Regional Assessment

The global microwave packaging market shows presence in five regions, including Europe, Latin America, North America, Middle East and Africa, and Asia Pacific. Of them, North America is one of the prominent regions in this market. Key reason supporting this growth is increased use of packaged food and improved disposable

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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Metal Cans Market Growth Analysis On Volume, Revenue, Share And Size Forecast To 2024

Metal Cans are type of metal packaging systems initially introduced in the beginning of nineteenth century, for packaging of wine, but its scope of application has now expanded into various end-use commodity packing purposes such as edible food & beverage items, chemicals, oil etc. Metal Cans are generally made up of materials such as steel, aluminum, and tin and contributes more than one third of the overall metal packaging market.

The major advantages of Metal Cans are that they are 100% recyclable without the loss of its quality and sturdiness. The recycle rate of metal can packaging has been two and half times more than any other packaging solution. Another advantage of recycling of Metal Cans is that it reduces CO2 use thereby reducing the parent material usage.

Metal Cans Market: Dynamics

The Metal Cans market is prominently propelled by its growing use in food and beverage packaging, especially used in packaging of aerated and non-aerated beverages. The increased personal products portfolio and its usage will naturally augment the packaging market as well. The consumer demand for lightweight packaging, increasing heath awareness regarding use of non-carcinogenic packaging materials, is creating high growth opportunities for the metal cans market. However, the increasing replacement potential of polymer based packaging material such as polyethylene terephthalate (PET) and polyethylene packaging is expected to dent the market share of metal cans in the overall packaging market, over the forecast period.

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The global metal cans market has been divided into seven key geographical regions which includes, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. The Western Europe and North America dominates the global metal cans market due its high consumption in food and beverage industry.

However these region anticipated to register sluggish growth due to availability of alternative packaging. Asia Pacific market is expected to grow at higher rate. Growth in the region is propelled by rapidly increasing consumption of end use industries. The Asia Pacific region has been influenced by setting up of new manufacturing facilities from leading global OEMs owing to availability of raw materials at cheap prices and government initiatives to promote investment measures especially countries like South East Asian countries.

Latin America, Middle East and Africa also significantly contributes to the metal cans market. The best example of this fact is that Brazil being Numero Uno position of producer and exporter of orange juice in the world, mainly endorses metal cans for its packaging process proving as a lucrative market for the same.

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Metal Cans Market: Key Market Players

Some of the key players in the global metal cans market are

• Rexam PLC
• Silgan Containers LLC
• Kian Joo Can Factory Berhad
• Independent Can Company
• Trinity Holdings
• Berlin Packaging Company
• Crown Holdings, Inc.
• SKS Bottle & Packaging, Inc.

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Tetra Pack Carton Market Analysis by Size, Share, Growth and Forecast 2021 to 2024

Tetra Pack cartons offers a complete range of packaging solution which is lightweight, environmental-friendly and convenient for consumers to open and handle. It has optimal shelf life and high brand visibility. This packaging is known for its low environment impact. During recycling, the paperboard (which consists of 75% of the carton) gets separated from the other two materials (polyethylene and aluminum). The cartons are easy to transport and protect the material from heat and moisture. The packaged portfolio includes aseptic packages, chilled and food packages. The aseptic technology keeps the product fresh and healthy without the need of preservatives.

Tetra Pack Container Market – Market Segmentation:

Based on materials, tetra pack cartons, the market is segmented into,

• Paperboard
• Polyethylene
• Aluminum

On the basis of packaged portfolio, the market is segmented into,

• Aseptic Packages
• Chilled Packages
• Food Packages

Tetra Pack Carton Market – Market Dynamics:

The global tetra pack carton market is expected to witness strong growth due to its lightweight, environment-friendly and low-cost packaging. The ability to recycle the paper based cartons with sustainable collection is a major driver for the rise in the use of tetra pack cartons for wide range of goods from food and beverages to dairy products. The extended shelf life of the products under difficult environment conditions and healthy and safe packing of the products ensures high growth of tetra pack cartons market. Moreover, government regulations are influencing the packaging industry with the high focus on environment friendliness of the material used. The highly competitive market and quality assurance of the products packed are some of the limitations of the tetra pack carton market.

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Tetra Pack carton Market – Regional Outlook:

Geographically, the tetra pack carton market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The growth of tetra pack carton market is expected to witness a double-digit growth over the forecast period between 2016 and 2024. Europe is expected to hold significantly larger share of the tetra pack container market in terms of volume during the forecast period followed by North America.

Currently, North America and Europe together holds more than half of the market share in the global bio container market in terms of value. In Europe, countries such as U.K and EU4 creates significant demand for tetra pack cartons in the market. However, the market in Asia Pacific is expected to witness the highest growth rate owing to growing environmental regulation and increasing use of packaged food products in China and India. Moreover, it will help in improving the food value chain in India and China which is affected due to inadequate packaging, storing and distribution of the food products by giving extended shelf life to the products under extreme conditions.

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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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Reusable Packaging Market Demand Dynamics and Future Growth to 2027

The global reusable packaging market is expected to garner a stellar growth, thanks to rising concerns regarding hazardous effects of plastics packaging waste.

Reusable packaging applications have gained traction in the transportations of goods and materials. The packaging is designed to promote durability, ease of use, and reduce costs of packaging for end-use industries. The report is expected to offer a thorough analysis of drivers, restraints, challenges and opportunities shaping the contours of the market. This report is crucial for those associated directly or indirectly with reusable packaging market.

Global Reusable Packaging Market: Notable Developments and Competitive Landscape

The competitive landscape of the global reusable packaging market is moderately fragmented with the presence of several players in the market. Some of the key players operating in the global reusable packaging market are Nefab Group, Tri-Pack Plastics Ltd, Plastic Packaging Solutions, and Amatech Inc.  These players are focusing on several organic and inorganic strategies such as geographic expansion, collaborations, product launches, and mergers and acquisitions to stay ahead of their peers and competitors.

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In 2019 Tri-Pack Plastics Ltd., a prominent player in the reusable packaging market, launched bio-based reusable packaging to drive sustainability in the market. This is expected to boost the prospects by increase consumer adoptions.

The competition is expected to highly intensify in the next few years with an increase in the number of players in the market. Most companies are pouring a lot of money in this industry to enable development of products, thereby ushering splendid growth opportunities. Moreover, a large focus of players remains on how to improve the standing of reusable packaging materials from an environmental perspective.

Global Reusable Packaging Market: Key Trends

The global reusable packaging market is expected to rise at a prominent pace in the coming few years. This is mainly due to the cost-effective and environmentally friendly nature of reusable packaging products.

However, reusable packaging is at present used in sectors involving extensive flow of goods and with a limited number of distribution points. This factor is expected to limit the application scope of reusable packaging, thus hampering the future prospects. In addition, adverse environmental impact of these packaging owing to the use of carbon-based compounds is another key factor projected to impede market’s growth.

Nonetheless, players in the reusable packaging market are looking forward to tap immense opportunities by projecting reusable packaging as sustainability and economic packaging options. This can be attributed by the increasing adoption of bio-based reusable packaging. Bio based reusable packaging, unlike convention reusable packaging does not have a harmful environmental impact.

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Other factors such as, improved processing technologies and integration of advanced technologies in manufacturing units are resulting in the faster production of reusable packaging products. Along with this, improving ergonomics which reduce the risk of workplace injury is expected to create several lucrative avenues in the global reusable packaging market.

Global Reusable Packaging Market: Regional Outlook

The global reusable packaging market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.  Among these, Europe is expected to grow at a promising CAGR during 2019–2027s. This is mainly due to the increasing awareness, reduce packaging waste, and demand for bulk transportation. However, availability of less expensive raw materials that can be effectively recycled with minimal complex operations could boost growth in Asia Pacific.

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Rotational Moulding Machines Market Estimation, Research and Future Growth by 2030

The demand within the global rotational moulding machines is escalating at a sound pace in recent times. Advancements in technical knowledge related to the use of rotational moulds has created new avenues for growth across the global market. Furthermore, the process of rotocasting is at the center of several manufacturing processes in the industrial and research sectors.

Unheated moulds are in great demand across leading industries, mainly due to the utilitarian applications of these moulds in spin casting and centrifugal casting. Therefore, the total volume of sales within the global rotational moulding machines market is slated to increase at a formidable pace in the times to follow. Advancements in plastic manufacturing are expected to impel the growth of the global rotational moulding machines market.

In this review, several prominent trends related to the expansion of the global rotational moulding machines market have been enunciated. The quest of the manufacturing sector to narrow down to the most effective techniques for casting and moulding has brought rotational moulding machines under the spotlight of attention. In addition to this, the need for effective moulding and casting also stems from the demand for well-finished designs for consumer items, especially the one made from plastic. It is worthwhile to mention that the coronavirus pandemic has halted industrial operations and manufacturing. Therefore, the global rotational moulding machines market has also suffered shocks during this time. However, with opening of borders and increased relaxations, the demand within the rotational moulding machines market is expected to rejuvenate.

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Global Rotational Moulding Machines Market: Competitive Landscape

The need for rotational moulding for casting and manufacturing products and items of varying sizes has created new avenues for market growth and expansion. Vendors operating in the rotational moulding machines market are focusing on manufacturing machines of various sizes and grades. The difference of size comes from the length or dimensions of the spindle, chamber, and oven placed in the machine. This custom strategy of the market vendors is expected to bode well for their expansion into new territories.

The leading companies manufacturing rotational moulding machines are focusing on demonstrating their products’ utility to untapped industries and sectors. Plastic manufacturing has gained momentum in several new industries, creating new inlets for growth for the market vendors. These vendors are also popularising casting of metals and steel in order to draw the attention of potential buyers in the market. Two of the leading players operating in the global rotational moulding machines market are Ferry Industries Inc and Rotomachinery Group.

Global Rotational Moulding Machines Market: Key Trends

The manufacturing of rotational moulding machines is preceded by choosing of the right materials in order to prevent against weather attacks and flames. Therefore, the manufacturers have shown immense meticulousness in equipment manufacturing in recent times. Furthermore, products designed with rotational moulding machines are rich in graphics, threads, minor undercuts, and handles. Flat surfaces can also be refined with the help of these machines. Therefore, the use of rotational moulding machines in the production domain is projected to increase in the times to follow.

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Use of rotational moulding machines for manufacturing road signs, storage tanks, pet houses, and furniture has played a defining role in market expansion. Besides, planets and toys are also carved out with the help of these machines. Some of the heavier systems manufactured with these machines include rowing boats, kayak hulls, vegetable storages, and tornado shelters. This is an important dynamic of growth within the rotational moulding machines market.

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Automotive Airbag Silicon Market 2021-2030 Study & Future Prospects

 

• Automotive airbag silicon is responsible for occupant safety in case of a (head on) collision. Airbags are designed to protect the driver’s and passenger’s head in case of a crash. Sensors in the airbag systems detect the impact of collision and calculate the intensity of collision to deploy the airbag.
• Increase in research and development activities and the demand for vehicle passenger safety systems has led to advancements in the airbag system of vehicles. Airbag systems are more reliable as compared to older systems. Airbag silicon is vital for the correct deployment of the airbag system when the vehicle accelerates or decelerates suddenly.

Key drivers of Automotive Airbag Silicon Market

• Rise in production of vehicles integrated with growing safety standards across the globe is likely to propel the automotive airbag silicon market across the globe. Enactment of stringent regulations regarding safety standards in vehicles across the globe is also estimated to fuel the automotive airbag silicon market. Rise in vehicle accidents across the globe is anticipated to make the integration of airbag silicon in vehicles mandatory across the globe.

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• Rising disposable income and available financial alternatives are increasing the adoption of passenger vehicles. Thus, vehicle manufacturers are taking initiatives to increase safety performance of vehicles. Vehicle manufacturers are integrating dual airbags in vehicles, which is anticipated to further boost the automotive airbag silicon market across the globe. Expansion of small- and medium-scale industries across the globe who offers safety components at a significant price is likely to propel the automotive airbag silicon market across the globe.

Europe and Asia Pacific to hold prominent share of global automotive airbag silicon market

• Asia Pacific is home to large automobile companies that are focused on the development of new technology about safety. Every OEMs and Tier1 suppliers are providing advance safety features in every vehicle. Countries such as China, India, and Japan have large research & development facilities, which is estimated to propel the automotive airbag silicon market. The Society of Indian Automobile Manufacturers (SIAM) and European Transport Safety Council are trying to compel automobile companies to increase the integration of safety features in vehicles.
• Followed to Asia Pacific, Europe also holds a dominant share of the global automotive airbag silicon market, owing to an increase in safety standards across the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers including Robert Bosch GmbH, Denso Corporation and Aptiv Inc. who have major facilities for the safety systems, which is likely to propel the automotive airbag silicon market in Europe.

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Key Players Operating in Automotive Airbag Silicon Market:

The automotive airbag silicon market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the automotive airbag silicon market are:

• Elkem Silicons
• Dow Inc.
• ZF Friedrichshafen AG.
• Continental AG
• Robert Bosch GmbH
• Nihon Plast Company Co. Ltd.
• Takata Corporation
• Denso Corporation
• Hyundai Mobis
• Autoliv Inc.

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