Thursday 31 December 2020

Automotive Adhesive Market Trends by Countries, Type and Application

According to the report, the global automotive adhesive market is projected to surpass US$ 7 Bn by 2030, expanding at a CAGR of ~5% during the forecast period, owing to increasing usage of adhesives in vehicles to achieve lightweighting and higher fuel economy. A car in the 1990s contained around 22 pounds of adhesives, which has presently increased to about 33 to 39 pounds.

Expansion of Automotive Adhesive Market

Adhesives have been utilized for bonding metal sheets in vehicles for over 40 years. Increasing trend of aerodynamic bodies and flatter designs to create minimal wind resistance have led to the usage of adhesives, as opposed to conventional spot welding. Decline in the number of welding points and increased use of adhesives in structural bonding are likely to boost the global automotive adhesive market during the forecast period.

Vehicles manufactured with adhesives are more cost-effective and safe as compared to their welded counterparts. Welding, bolting, or riveting impact the rigidity of assembled parts, the use of adhesive acts as a buffer and absorbs high energy. Increased demand for safer vehicles among consumers and competition among automakers to achieve higher safety rating are driving the global automotive adhesive market.

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Based on adhesive type, the structural segment held a leading share of the global automotive adhesive market in 2019. Adhesives have been widely adopted for gluing structural components and panels to lower the vehicle weight and improve stability and safety. The threadlocks & retainers segment is anticipated to expand at a high growth rate during the forecast period, as they are cost-effective and prevent corrosion, leakage, and loosening of fasteners/bolts/screws.

In terms of vehicle type, the passenger vehicle segment held a leading share of the global automotive adhesive market, owing to the higher production volume of cars and high usage of adhesives in cars to achieve interior esthetics, lightweighting, and to lower vehicle noise and vibrations.

Regional Analysis of Automotive Adhesive Market

In terms of region, the global automotive adhesive market has been segregated into North America, Europe, East Asia, South APAC, Middle East & Africa, and Latin America. Asia Pacific held a leading share of the global automotive adhesive market in 2019. High production of vehicles in China, Japan, and India led to the dominance of Asia Pacific in the global automotive adhesive market. Europe and North America held a prominent share and the market in these regions are anticipated to expand at a steady pace post recovery from the COVID19-induced auto recession.

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Key Players of Automotive Adhesive Market

Prominent players operating in the global automotive adhesive market include Henkel AG & Co., KGaA, Arkema S.A., DuPont, Hunstman International LLC, Sika AG, Jowat SE, Dow Inc., 3M, Ashland, H.B. Fuller Company, and Franklin International.

Reach Stacker Market Trends, Comprehensive Research Study and growth by Forecast 2030

According to the report, the global reach stacker market is projected to surpass US$ 600 Mn by 2030, expanding at a CAGR of ~4% during the forecast period. Rapid expansion of logistics and warehouse industries across the globe are likely to significantly propel the reach stacker market across the globe. Rise in seaborne trade practices across the globe is likely to increase the demand for material handling equipment, which is projected to boost the reach stacker market across the globe.

Increase in import and export of goods and commodities through seaports due to different free-trade agreements, such as TPSEP, NAFTA, and AFTA that have helped various countries significantly strengthen their economies, is anticipated to boost the reach stacker market. Various other systems are also incorporated in vehicles to guide them and arrange containers properly at their designated place, which, in turn, is likely to also fuel the reach stacker market across the globe.

Expansion of Reach Stacker Market

Surge in trade volume owing to rising bilateral trade among countries is projected to boost the reach stacker market during the forecast period. China witnessed an increase in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN.

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Based on propulsion, the global reach stacker market has been segmented into internal combustion engine, electric, and hybrid. The internal combustion engine segment held a major market share of the global reach stacker market due to rise in the demand for heavy load lifting machines. Stringent rules and regulations for engine powered reach stackers are expected to propel the demand for electric reach stacker across the globe.

Based on application, the sea port/terminals segment accounted for a significant share of the global reach stacker market. Rise in investment toward upgrade of ports and maintenance of old facilities across the globe is likely to fuel the demand for reach stacker.

Regional Analysis of Reach Stacker Market

In terms of region, the global reach stacker market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global reach stacker market in 2019. It is anticipated to hold a leading share during the forecast period, due to rise in transportation of goods and commodities across Asia Pacific.

Followed by Asia Pacific, Europe also held a significant share of the global reach stacker market due to rapid expansion of logistics and warehouses industries across Europe, which witness a significant demand for reach stackers. Rise in the demand for electric and hybrid reach stackers due to enactment of stringent emission norms across Europe and Asia Pacific is anticipated to propel the reach stacker market in Asia Pacific and Europe.

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Key Players of Reach Stacker Market

Prominent players operating in the global reach stacker market include Cargotec Corporation, CVS Ferrari SpA, Dalian Forklift Co., Ltd., Hoist Material Handling, Inc., Hyster-Yale Group, Inc., Jay Equipment & Systems Pvt. Ltd., Konecranes, Liebherr Group, Linde Material Handling, Mitsubishi Forklift Trucks, SANY Group, Taylor Machine Works, Inc., Terex Corporation, Toyota Material Handling, and Anhui JAC International Co., Ltd, BOMAQ Industries SLU, Komatsu Ltd, and Task Forklift.

Marine Fender Market Trends, Comprehensive Research Study and growth by Forecast 2027

Transparency Market Research has published a new report on the global marine fender market for the forecast period of 2019–2027. According to the report, the global marine fender market is projected to reach a value of ~US$ 880 Mn by 2027, expanding at a CAGR of ~3% during the forecast period.

Global Marine Fender Market: Key Findings

  • According to the report, the global marine fender market is likely to be driven by the expansion of international trade and increasing port terminals in major developing nations.
  • Stringency of regulatory norms for seaborne trade is one of the prominent factors responsible for the expansion of the global marine fender market.
  • Rubber fenders are key fender types, and this segment is likely to hold a noteworthy share of the global marine fenders market during the forecast period. However, there has been a rise in the popularity of foam and pneumatic fenders in the market.

Expansion of Global Marine Fender Market

  • North America and Europe are witnessing an expansion of manufacturing, raw materials, electronics, oils & chemicals, agriculture, and textiles & apparel industries, which is driving their economic development. Moreover, the transportation of products and goods by means of waterways plays an integral role, as this mode of transport is cost-effective and energy-efficient as compared to other modes.

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  • Booming industrialization and globalization led to the expansion of existing vessel ports and harbors in order to enhance the capacity of cargo transportation. Moreover, new vessel terminals are being developed by various developing nations, owing to the rise in bilateral trade, which is driving the market for marine fenders.
  • In 2017, global seaborne trade witnessed a significant 4% growth, the fastest in the past five years. It is projected to grow at a considerable rate of ~4% in the near future. Moreover, a surge in imports and exports is anticipated to aid in the development of vessel terminals and ports. This is estimated to boost the global marine fender market.

Based on fender, the global marine fender market has been classified into rubber, foam, pneumatic, timber, and others. The rubber marine fender segment held a significant share of global market. However, foam and pneumatic fenders are gaining popularity due to their cost effectiveness and high life expectancy. Pneumatic fenders are a type of rubber fenders that are hollow and filled with air. These fenders are preferred in ship-to-ship transportation applications.

Regional Analysis of Global Marine Fender Market

In terms of region, the global marine fender market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held the largest share of the global marine fender market in 2018, due to the presence of a large number of ports in China and the ASEAN region. Moreover, rise in international trade in China and Singapore is expected to boost the growth of the market for marine fenders during the forecast period, as increase in trade is likely to drive port authorities to expand port terminals.

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Global Marine Fender Market: Key Players

Prominent players operating in the global marine fender market include ANCHOR MARINE & SUPPLY, INC., Bridgestone Corporation, INMARE, J.C. MacElroy Company, Inc., Lalizas Italia s.r.l., MARINE FENDERS INTERNATIONAL, INC., Trelleborg Marine Systems, SHIBATA INDUSTRIAL CO., LTD., THE YOKOHAMA RUBBER CO., LTD., Sumitomo Rubber Industries, Ltd., and Urethane Products Corporation.

Automotive Seat Belt Retractor Market Emerging Trends and Competitive Landscape Forecast to 2027

Transparency Market Research has published a new report on the global automotive seat belt retractor market for the forecast period of 2019–2027. According to the report, the global automotive seat belt retractor market is projected to reach a valuation of ~ US$ 8 Bn by 2027, expanding at a CAGR of ~ 3% during the forecast period.

Automotive Seat Belt Retractor Market: Introduction

  • According to the report, the global automotive seat belt retractor market is expected to be determined by a range of factors having influence of industry-specific and economic aspects. The Asia Pacific automotive seat belt retractor market is expected to be at the forefront of global demand, with the ma automotive seat belt retractor market in the region expanding at a CAGR of ~ 3% between 2019 and 2027.
  • Extra webbing in seat belts is gathered and stored by the automotive seat belt retractor. Most three point seat belts have a single automotive seat belt retractor that clamps the webbing for both, the lap and shoulder. There are numerous types of automotive seat belt retractors such as emergency locking retractors, automatic locking retractors, and switchable retractors, which are typically equipped in the grouping of other components of the seat belt system.
  • In most cases, emergency locking retractors are employed. As the name suggests, an emergency locking retractor locks only during a sudden stop, acceleration, turn, or crash of the vehicle.

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  • An automatic locking retractor (ALR) makes it possible to secure a child seat without using a seat belt locking clip. It locks the seat belt at a particular length. The automatic locking retractor helps the additional seat belt webbing to draw into the seat belt system into the retractor till the webbing is fitted around the driver’s or passenger’s hips. During that point, a bar engages a spool with the gears, and avoids further release of additional webbing.

Expansion of the Automotive Seat Belt Retractor Market

  • Accidents on the roads are presently among the major reasons of deaths of young adults and children, which indicates the necessity for a change in present road safety norms. Motor vehicle accidents is currently the eighth-leading cause of deaths, worldwide.
  • Reports state that, 1.35 million deaths occurred per year, which accounts for 3,700 deaths per day across the globe.
  • The number of drivers and passengers who succumb to deaths in road crashes who do not use seat belts is high; which during a frontal collision avoids a major fatality. As a result, regulations on the integration of seat belt systems in vehicles are likely to boost the automotive seat belt retractor market during the forecast period.

In terms of technology, the global automotive seat belt retractor market has been divided into emergency locking retractors, automatic locking retractors, and switchable retractors. The emergency locking retractors segment is likely to hold a prominent share of the automotive seat belt retractor market, as most manufacturers prefer installing a pretensioner and load limiter along with the emergency locking retractor unit, as a combination of the emergency locking retractor, pretensioner, and load limiter possesses a higher retraction force to hold the occupant firmly on the seat.

Automatic locking retractors is another preferred combination for installing seat belt retractors after emergency locking retractors. In some vehicles, the automatic locking retractor, pretensioner, and load limiter are used to retract the seat belt in case of sudden deceleration of the vehicle.

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Based on seat, the automotive seat belt retractor market has been divided into rear and front seats. The front seats segment is anticipated to garner significant share of the market, even though the volume is less, as retractors are integrated in the front seats and cost more. Advanced technology seat belts and their introduction in vehicles are likely to propel the automotive seat belt retractor market during the forecast period. The number of seats at the rear of a vehicle is more than that in the front; hence, the rear seats segment accounted for a higher share of the automotive seat belt retractor market in 2018.

In terms of vehicle, the automotive seat belt retractor market has been divided into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Increasing demand for light commercial vehicles due to increasing capital investments in small and medium enterprises is anticipated to boost the light commercial vehicles segment, which in turn is likely to boost the seat belt retractor market during the forecast period.

Video Capture Card Market Research Report 2020-2027

Transparency Market Research delivers key insights on the global video capture card market. In terms of revenue, the global video capture card market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global video capture card market.

The global video capture card market is broadly affected by several factors, such as increase in usage of video capture cards at corporates, educational institutes, and by professional gamers, etc., which is propelling the global market for video capture cards.

Video Capture Card Market: Dynamics

In terms of host interface, the video capture card market has been bifurcated into PCIe and USB video capture card. PCIe video capture cards have dominated the market in recent years. However, USB video capture cards are anticipated to expand at a significant growth rate during the forecast period, as it is portable and inexpensive as compared to PCIe video capture cards. Based on resolution, the market has been divided into 4K, 1080p, and others.

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In the near future, the demand for video capture cards equipped with the 4K technology is projected to drive the market in various countries across the globe. Based on input interface, the market has been classified into HDMI, SDI, SD, DP, and others. Video capture cards equipped with HDMI channels are considered the prominent choice of end users.

In terms of platform, the video capture card market has been bifurcated into PC (desktop & laptop, digital signage, and others), PlayStation, Mac, Xbox, and others. Desktops and laptops are platforms where different types of capture cards such as PCIe, Mini PCIe, M.2, and USB are installed for recording videos. In terms of type, the video capture card market has been categorized into digital and analog video capture card.

The demand for digital video capture cards is projected to expand during the forecast period. In terms of price, the market has been split into low (below US$ 350), medium (US$ 350-750), and high (above US$ 750). Based on video type, the market has been segmented into compressed and uncompressed. In terms of distribution channel, the video capture card market has been divided into online (e-Commerce websites and company owned websites) and offline (specialty stores, hypermarkets, and others [other retail stores, etc.]. Sales of video capture cards are projected to rise through the online mode of distribution during the forecast period.

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Video Capture Card Market: Prominent Regions

The video capture card market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and rise in usage of video capture cards at collaboration rooms of corporate offices, educational institutes, etc. The video capture card market in Asia Pacific is projected to witness favorable growth during the forecast period, due to rise in media recorded for businesses, universities, broadcasting, and manufacturing facilities in China, Japan, South Korea, etc.

Video Capture Card Market: Key Players

Key players operating in the global video capture card market include AVerMedia Technologies, Inc., YUAN High-Tech Development Co., Ltd., Elgato (Corsair), Nanjing Magewell Electronics Co., Ltd., Matrox Video, Blackmagic Design Pty. Ltd., ADLINK Technology Inc., AJA Video Systems, Inc., Datapath Limited, EURESYS S.A., and SINTRON Technology Corp.

Enormous Growth Of Diabetic Socks Market Gives Attractive Opportunities

Transparency Market Research delivers key insights on the global diabetic socks market. In terms of revenue, the global diabetic socks market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the diabetic socks market report.

Diabetes affects the productivity and wellbeing of millions of people around the world. Up to 1% of adults suffer from diabetes at some point in their life. Diabetes can be prevented and treated by reducing pressure within the legs using an external appliance such as multilayer, short-stretch bandaging, or diabetic socks. Diabetic socks are designed to satisfy the demand of healthcare professionals and consumers.

According to CDC, in the U.S., approximately 20% to 30% patients with diabetic neuropathy suffer from neuropathic pain. Diabetic neuropathy lowers the quality of life, which significantly increases the demand for diabetic socks. A rise in demand has been observed owing to the usage of diabetic socks for the treatment of diabetes and diabetic neuropathy. The smart socks industry has emerged as one of the biggest transformational elements for this business.

In this market report, TMR estimates that the mid-calf/crew length segment will outpace other product types by the end of 2027, in the diabetic socks market. The rising prevalence of diabetes is expected to drive the revenue growth of the diabetic socks market. The high prevalence of diabetes leading to other complications such as venous disorders is also predicted to boost the sales of diabetic socks.

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The increasing geriatric population is expected to drive the demand for diabetic socks, as the risk of diabetes-related problems is higher among elderly individuals. A large proportion of elderly population in countries such as China and Japan is expected to be the biggest driver for the diabetic socks market.

The diabetic socks market is witnessing huge change since the last few years. The future scenarios that we explored involves a combination of various factors, such as increasing awareness about strategies for diabetes prevention, and growing cases of diabetic neuropathy, which is projected to boost the market in the coming years. Moreover, the diabetic socks market has been witnessing visible technological change in recent years.

Online distribution channels have created better opportunities for manufacturers and distributors in the industry to sell their products online. In order to cater to a wide range of customers across the globe, manufacturers and distributors of diabetic socks are focusing on selling their products through various e-Commerce portals.

  • The demand for diabetic socks in the Asia Pacific region is anticipated to increase at a faster pace as compared to any other region in the coming years, owing to the increasing awareness about foot ulcer protection and rising personal income levels.
  • The markets in Europe and North America have high incremental opportunity due to the increasing manufacturer base in the regions.

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  • The South America and Middle East & Africa markets for diabetic socks are growing at a sluggish rate, owing to slow investments in the overall socks or diabetic product industry.
  • The U.S. accounts for a major share in the North America diabetic socks market, and is expected to expand at a CAGR of ~ 6% over the forecast period, due to new technology invention, new product launches, and an established manufacturing base in the country.

Key players operating in the global diabetic socks market include BSN Medical, Therafirm, Sigvaris, Simcan Enterprises Inc., Siren, Intersocks S.R.L, THORLO Inc., Cupron, Cresswell Socks Mill, Dr Scholls, and others.

Fully Automatic Beverage Machines Market Trends, Latest Technologies Research And Future Scope 2027

 

  • The global fully automatic beverage machines market was valued at ~US$ 6.7 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The global fully automatic beverage machines market is expanding significantly, in terms of size and value. The demand for out-of-home (OOH) coffee is fueling the need for fully automatic coffee vending machines and other fully automatic beverage machines.
  • The fully automatic beverage machines market in Asia Pacific is growing rapidly, as a result of urbanization and development in mid-sized cities (tier II or tier III), expansion of a number of outlets/local coffee chains into multinational companies, and the easy availability of products.
  • The fully automatic beverage machines market in Europe accounted for ~40% share of the global fully automatic beverage machines market in 2018, followed by Asia Pacific and North America. The Europe fully automatic beverage machines market is anticipated to maintain its dominance during the forecast period. This can be attributed to the presence of world leading manufacturers of fully automatic beverage machines in the region.

Fully Automatic Beverage Machines Market: Driving Factors

  • Increase in the demand for fully automatic beverage machines from universities, colleges, and offices in Asia Pacific countries is fueling the growth of the fully automatic beverage machines market in the regions. The installation of fully automatic beverage vending machines in colleges in China is increasing at a fast pace, and is likely to grow during the forecast period. The growth potential of the OOH coffee segment is evident, with Coca-Cola completing the acquisition of U.K.-based global coffee brand ‘Costa Coffee’ from Whitbread PLC for US$ 5.1 Bn on January 3, 2019.

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  • Fully automatic vending machines are a prominent channel through which Costa Coffee is consumed across the world. The company had over 8,000 automatic vending machines to serve coffee. Thus, rise in the global demand for OOH coffee is fueling the demand for fully automatic coffee and other beverage vending machines across the world.

Fully Automatic Beverage Machines Market: Key Challenges

  • The taste preferences of consumers for beverage are changing with respect to geography and demography, thus restraining the fully automatic beverage machines market.
  • It has been observed that, the population in North America and Europe prefer to purchase healthy drinks from fully automatic beverage machines. However, carbonated soft drinks are popular in other regions.
  • Manufacturers of fully automatic beverage machines are selling different products as per region to increase their market reach.
  • The manufacturing cost of fully automatic beverage machines is high, and selling different types of fully automatic beverage machines in different locations has become a challenge for them.

Fully Automatic Beverage Machines Market: Competitive Landscape

  • The fully automatic beverage machines market includes several players that are focused on the development of new products to cater to market demand.

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  • The report includes the below-mentioned pointers of major players operating in the fully automatic beverage machines market:
    • Company Overview
    • Product Profiling
    • Market Share Analysis (2018)
    • Product Innovation
    • Business Strategies/Recent Developments
      • Technological Advancements
      •  Key Mergers & Acquisitions
      • Expansion Strategies
    • Company Financial

Major players operating in the fully automatic beverage machines market include ABB Group, Aichi Electric Co., Ltd., Ametek, Cummins Group, Franklin Electric, Generac Holdings Inc., Hitachi Industrial Equipment Systems Co., Ltd, Johnson Electric, Lunar Motors Pvt. Limited, Mitsubishi Electric Corporation, Nidec Corporation, Ningbo Haishu Kingo Motors Factory, Sanyo Denki Co. Ltd., Regal Beloit Corporation, Siemens AG, TECO Electric & Machinery Co. Ltd., TECO Electric & Machinery Co. Ltd., Vestas, and WEG Industries.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...