Friday, 5 June 2020

Linseed Oil Market Size, Trends Analysis, Region, Demands And Forecasts Report 2020-2026

The report “Linseed Oil Market Share, Size, Trends, Industry Analysis Report By Application Type (Processed Food, Paints & Varnishes, Cosmetics, Flooring, Pharmaceuticals and Others); By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.
The global linseed oil market is anticipated to reach 1,141.8 million by 2026 according to a new study published by Polaris Market Research.
A rising application for linseed oil in numerous industries including food, cosmetics, and pharmaceuticals as the striking industries, are expected to drive market demand. The product is growing at an average rate as compared to other edible oils in the market. Demand of a range of end-use products such as paints and coatings, varnishes, organic packaging, pharmaceuticals, flooring etc. has been increasing steadily.
Organic Linseed oil that is unrefined and cold pressed is widely made available in the present market setup owing to its positive role in human nutrition. Thus, demand for organic food products has grown inimitably. The products of the food grade are significantly rich in fatty acids. Alpha linoleic acid present in the product is a type of fatty 3 acids that are beneficial for a healthy heart.

The presence of lignans in linseed oil gives it the much sought-after antioxidant properties that allay fears of the deadly disease like cancer. The product also behaves as a natural laxative by alleviating inflammation and body pain in severe situations. Some of the other categories of fatty acids present in the product and transmitting its properties include oleic acid which assists in bringing down cholesterol levels, linoleic acid that has anti-inflammatory properties.

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Raw product pierces the paint surface much better than synthetic ones which normally form a paint film. This characteristic tends for the product to increase its life span. The product’s paint has a unique characteristic of preserving the wood without peeling or flaking. The product also contains natural color forming pigments. Zinc Oxide, Iron Oxide, Cobalt and titanium oxide are normally stable to light and air and are one with the color forming pigments and work best with linseed oil. Hence with so many properties going for the product, it makes linseed oil one of the prime raw materials for the paint industry.

Asia Pacific region has been the biggest player in product’s industry with region’s growing food processing industry, paints and coatings, pharmaceuticals industry giving region a successful run. China, India, Malaysia, Japan, Indonesia are both largest consumers and biggest producers globally.

Europe and the U.S. have been leading players in linseed oil market but of late, with Asia Pacific in the fray, the global landscape is now dotted with many more major players. Asia Pacific now touted as a major industrial hub; the region has sprouted many manufacturers who have   turned into significant exporters of the product.

The key industrial players in market include Barlean’s, Bioriginal Food and Science Corp, Natural Factors, Inc., Natrol LLC, Archer Daniels Midland (ADM) Company, Cargill, Krishi Oils Limited (KOL), Henry LaMotte Oils GmbH, Gustav Heess GmbH and granoVita.


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Laundry Detergent Market Segments, Regional Outlook, Development Status, Key Players and Forecast to 2026

The report “Laundry Detergent Market Share, Size, Trends, Industry Analysis Report By Product Type (Powder Detergents, Liquid Detergents, Detergent Tablets, Fabric Softeners and Others); By End Use (Residential, Commercial); By Regions, Segments & Forecast, 2019 – 2026” provides a comprehensive analysis of present market insights and future market trends.

The global laundry detergent market size is expected to reach USD 182.2 billion by 2026 growing at a CAGR of 6.5% during the forecast period, according to a new study published by Polaris Market Research. 

Laundry detergents are unanimously sought after because of its requirement on a daily basis. Among the household chores, laundry holds top spot in market attractiveness with a majority of global population doing their laundry at least twice a week and rest doing it daily. Furthermore, increasing availability of machineries to get going with the task and separate services for commercial and household cleansing, demand for detergents has never looked back since. Rising disposable incomes in Asia Pacific and other emerging economies, shift from traditional washing by hand to appliance assisted method, has driven the automatic detergent consumption and more specifically the powder category.


Fabric conditioners are one of the most promisingly used product in the current industry scenario. Fabric conditioner did robust sales and grew at an astonishing pace in the past three to four years. Efficiency and efficacy are the two pillars that industry is leaning upon in notching up good sales figures. Customers also are supportive of this with price playing a vital role. Performance attributes such as removing obstinate and greasy stains, fabric color protection/preservation, and rinses most with all colors is what customers are aspiring for in these products.

A dash of scent, freedom from strong chemicals and no jarring colors are among the other attributes being looked for in these products. Product promotion has seen many stages and is a precursor to the industry’s rapid development and lavish sales in laundry detergent market. Time spent on product packaging also goes a long way in beautifying the products seen as a key promotion strategy. Generous packs, big packs, small packs for consumers with stringent budgets, refills and concentrates has been very helpful in attracting consumers form different strata.


Energy-savings in the form of cold-water wash that delivers best results at low temperatures thus cutting down on energy requirements has helped in high market penetration in every part of the world. Asia Pacific is still a developing market and sales will be driven not by volume but offering better and more premium products all under one roof. Competition is intense with innovation and high-quality generating interest.

The leading players in the laundry detergent market includes Alpha Chemical, General Organic Inc., Clean Bubbles., Inc., Procter and Gamble, Nirma, Hindustan Unilever Ltd., Henkel Ag &Co., KGaA, Church & Dwight Co, Inc., Henkel amongst others.

Polaris Market Research has segmented the global Laundry Detergent Market is segmented by Product type, End-Use and Region:

  • Laundry Detergent Product Type Outlook (Revenue USD Billions 2015-2026)
    1. Powder Detergents
    2. Liquid Detergents
    3. Detergent Tablets
    4. Fabric Softener

  • Laundry Detergent End-Use Outlook (Revenue USD Billions 2015-2026)
    1. Residential
    2. Commercial

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Halal Pharmaceuticals Market: Key Strategies to Use to Dominate Globally 2020-2026

The global Halal Pharmaceuticals Market is anticipated to reach USD 34.82 billion by 2026 according to a new study published by Polaris Market Research.

The significant growth in the Halal Pharmaceuticals Market is primarily due to the rapid increase in the Muslim population, along with their improving disposable income. Increasing purchasing power and deepening belief in Shariah law together is responsible for creating a surge in demand for halal pharmaceuticals. Shariah law is derived from the Quran and is basically a collection of practices, words, habits, and silent approvals. As per the law, products containing the discharge of human beings or animals, and in direct or indirect contact with non-halal items. Moreover, it must not contain traces of things that are unfit for human consumption such as poison, and toxic elements.

The list of key companies that are operating in the Halal Pharmaceuticals Market includes Chemical Company of Malaysia Berhad, Rosemont Pharmaceuticals, Bosch Pharmaceuticals, Noor Vitamins, EMBIL Pharmaceutical Co., Ltd, Nutramedica Incorporated, PharmaniagaBhd, and SimporPharmaSdnBhd, among others.


Halal pharmaceuticals are expected to be prepared under a controlled environment to avoid any cross-contamination with non-halal utilities, materials, and ingredient. Extra care is taken in the manufacturing of these pharmaceuticals as no contamination will be tolerated. Rapid growth in demand has encouraged the Halal Pharmaceuticals Market players to actively indulge in activities that are aimed at or new product development.

Growing Muslim population is showcasing a high interest in halal pharmaceuticals and cosmetics. This can be attributed to the increasing consumer awareness about the deepening beliefs and growing knowledge that pharmaceuticals contain alcohol, porcine-by products, and their derivatives, among other non-halal contents or ingredients that are against Islamic beliefs.

The Halal Pharmaceuticals Market experience tough challenge in defining proper regulation and standards. Recently, American pharmaceuticals companies expressed their concerns over the guidelines by Malaysia’s Ministry of Health (MOH). These guidelines were focused towards defining the permissible items in pharmaceuticals in accordance with Islam. The concern was highlighted in the annual submission to the United States Trade Representative by the Pharmaceutical Researchers and Manufacturers of America (PhRMA).


The Halal Pharmaceuticals Market has been segregated based on drug class, type, end-use, and region. By drug class, the market has been divided into allergies, endocrine drugs, pain medications, respiratory drugs, and others. By type, the market has been bifurcated into capsule, syrup, and tablet. The industry experience high demand for end-use applications such as drugs, cosmetics, healthcare, and others.

The Middle East and the Asia Pacific regions Halal Pharmaceuticals Market are expected to witness significant growth in the next eight years due to the presence of a large population of Muslims. Majority of the Muslim population of the world lives in these regions, and they also comprise of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan that have a high population that follows Islamic beliefs.



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US Midstream Oil & Gas Equipment Market Type, Application, Market Size, End-User and Region Forecast 2026

The global US Midstream Oil & Gas Equipment Market is estimated to reach USD 983.73 billion by 2026 and is projected to grow at a CAGR of 4.9% during the forecast period according to a new study published by Polaris Market Research. 

The report offers a deep-dive analysis on global market insights, market trends, key driving factors along with the challenges. The report also focuses on different segments and outlines the growth prospects across all the geographies covering major countries. The study outlines the major competitive scenarios of the key players operating in the market along with their strategic initiatives, and recent developments such as new products or services introductions along with the mergers and acquisitions and R&D activities. The study also focuses on the traction these major players are generating in different regional pockets across major countries. 
  

The analysis on different segments of the US Midstream Oil & Gas Equipment Market provided in the report would help to gain insights about current market scenarios and future market trends. All these segments are further bifurcated by regions and countries, thus making it possible for the decision makers to understand the market situation. Major regions included in the report include North America, Europe, Asia Pacific, Latin America and Middle East & the African region. 

The worldwide US Midstream Oil & Gas Equipment Market study includes premium industry insights such as ecosystem analysis, value chain analysis, and competitive ranking/competitors market share analysis which would help key decision makers, stakeholders, and industry analysts to make cost-effective and efficient decisions.    


Some of the major players profiled in the US Midstream Oil & Gas Equipment Market study include:
Abbot Group, Transocean, Zenith Oilfield Technology, National Oilwell Varco Incorporated, Schlumberger, Weatherford International, Halliburton Company, ENI, Baker Hughes, Cameron International, FMC Technologies, Aker Solutions.

Polaris Market research has segmented the US Midstream Oil & Gas Equipment Market report on the basis of product type, end-use and region markets

U.S. Midstream Oil & Gas Equipment Market Size and Forecast by Product Type, 2018-2026
  • Pipe
  • Plastic
  • Steel
  • Gas Treating & Processing Equipment
  • Rail Tank Cars
  • Compressors
  • Centrifugal Compressors
  • Reciprocating & Other Compressors
  • Pumps
  • Positive Displacement Pumps
  • Centrifugal Pumps
  • Parts, Accessories & Other Pumps
  • Valves
  • Conventional
  • Automatic
  • Instrumentation Equipment
  • Storage Tanks
  • Other Equipments

U.S. Midstream Oil & Gas Equipment Market Size and Forecast by Application Type, 2018-2026

  • Gas Processing Plants
  • Pipelines
  • LPG Facilities
  • Crude by Rail
  • Other Midstream Applications

U.S. Midstream Oil & Gas Equipment Market Size and Forecast by Regions

  • North West
  • Mid-West
  • West
  • South West
  • South East
  • Mid Atlantic
  • North East

What to expect from this research study

  • Premium insights on the market such as 
    1. Porter’s & PESTEL Analysis
    2. Value-Chain Analysis
    3. Company Market Share Analysis
    4. Drivers, Restraints & Challenges Analysis
    5. Market Trend Analysis
  • Deep-dive insights on both global, regional and country level
  • Analysis of the most recent key developments & strategic initiatives taken by the players operating in the market 
  • Future trends estimated keeping most recent base year, along with analysis of historical market data and impact of current market scenarios
  • A holistic view of the market along with multi-level segmentation    



About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Facial Injectable Market Trends, Drivers, Strategies, Segmentation Application with Top Key Players

The Global Facial Injectable Market is anticipated to reach over USD 18,819.04 Million by 2026 according to a new research published by Polaris Market Research. Facial injectable products also called as dermal fillers are products that benefit in facial transformation. These facial injectable products are widely used to indulgence the early signs of age as well as wrinkles thereby increasing the visual attractiveness.

Factors such as the rise in demand to augment the visual look and growing popularity for negligibly intrusive procedures majorly drive the market. In addition, the rise in elderly population and introduction of improved facial injectable such as synthetic calcium hydroxyl apatite fillers further anticipated boosting the market growth. In recent time, growing demand for non-surgical processes for facial transformation and modification is gaining global admiration. For instance, according to the International Society of Aesthetic Plastic Surgery (ISAPS), 2017, non-surgical and surgical cosmetic techniques showed an overall rise of 9% from past years. Moreover, according to the same report in 2016, nonsurgical procedures including injectable accounted for approximately 8 million globally. The global Facial Injectable Market is segmented on the basis of products, end users, and geography.


Some major key players in global Facial Injectable Market include Advanced Dermatology, Merz, Inc., Galderma Laboratories, L.P., ColBar LifeScience Ltd., Allergan, Plc., Valeant Pharmaceuticals North America LLC., Sanofi Biosurgery Inc. (Sanofi), Anika Therapeutics, Inc., Suneva Medical, Inc.among others.

On the basis of products, the Global Facial Injectable Market is segmented into Dermal Fillers/Injectable Implants and Anti-aging/ Anti-wrinkle Injections. The Dermal Fillers/Injectable Implants is further segmented into Hyaluronic Acid, Collagen Fillers, and Synthetic Fillers such as Calcium hydroxylapatite and polymethyl methacrylate microspheres. The Anti-aging/ Anti-wrinkle Injections is further categorized into Botulinum toxin A and Poly-L-lactic acid (PLLA) micro particles. On the basis of products, the hyaluronic acid segment is estimated to dominate the market in 2017. Moreover, this segment is anticipated to show lucrative growth during the forecast period. Cumulative use of hyaluronic acid as a dermal filler in the cosmetic procedure is anticipated to support the market growth. Hyaluronic acid has become an important part of cosmetics and aesthetic surgeries due to its robust water retaining properties. In general, the cosmetic-grade hyaluronic acid has the lower molecular weight which further aids to retain water in the cells, releases antioxidants, form the deep penetration of the product in the epidermis, and delays the aging progression. On the basis of the end user, the global Facial Injectable Market is segmented into Hospitals, Dermatology Clinics, Beauty Clinics, and Dermatology Research Institutes. In 2017, hospital segment is estimated to dominate the global market.



Key players are adopting partnerships and product introduction strategies in order to fulfill the unmet aesthetic as well as clinical needs thus, providing surgeons with better and novel options further augmenting the growth of the facial injectable market. For instance, in 2017, the company Galderma collaborated with Colorescience to expand its skincare solutions for persons that can be used in combination with orthodox facial injectable aesthetic treatments.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world


Thursday, 4 June 2020

Magnetic Sensor Market Dynamics, Segments, Size and Demand, 2020–2026

The report “Magnetic Sensor Market Share, Size, Trends, Industry Analysis Report By Type (AMR, GMR TMR, Hall Effect, Others); By Technology (Low Field Sensor, Earth Field Sensor, Bias Magnetic Field Sensor); By Application (Automotive, Consumer Electronics, Industrial, Aerospace and Defense, Healthcare, Energy and Power, Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global Magnetic Sensor Market size is expected to reach USD 4.68 billion by 2026 according to a new study by Polaris Market Research.


n the market, there are many manufacturing companies imparting magnetic sensors that are utilized in many programs where high dependability & cost-optimized solutions are needed. In a current discovery, the board has allowed improving those sensors. The National Institute of Standards & Technology (NIST) has observed that merging magnetic alloy layers with silver nanolayers will grow the sensitivity of magnetic. Being capable to utilize quite skinny films (magnetic sensor) is essential in applications like weapon detection, clinical devices, and records storage. Moreover, its main applications further consist of magnetic flux measuring & the direction in addition to the electricity of a magnetic field. These are mainly relevant within the sensors for android, navigation, commercial and scientific applications.

The upward push in the integration of a these sensor in the automobile industry permits contactless and ‘wire-free’ measurement of mechanical quantities including the angle of rotation and angular speed. Governments’ encouragement to use eco-friendly vehicles and the increase of consumer electronics will growth the marketplace shares at some stage in the forecast period. Moreover, the advancement of small scale ‘Micro Electro Mechanical Systems’ (MEMS) for detecting and measuring magnetic fields is broadly speaking driving the marketplace in conjunction with the growth of patron electronics appliances. These sensors primarily based on MEMs perform with Lorentz Force which makes it work extra efficiently. However, the Stiff competition and price erosion of magnetic sensors are the main restrain factors for the manufacturers in the market during the forecast period. Also, the growth in manufacturing capabilities, quality products, and reduce the overall cost of production of the magnetic sensors are the main challenges for the manufacturers in the global market over the forecast period.




Based on region, the global industry has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2019, Asia-Pacific region dominated the market in terms of value and volume owing to high production of conventional and electric vehicles. Also, the Asia-Pacific is the largest producer of consumer electronics in the global market in 2019. Such factors are expected to raise the demand for the magnetic sensors in the region in the coming years.

In North America, the connected automobiles have gained large prominence as consumer buying behavior has commenced hinging on conversation skills presented by diverse car manufacturers. Miniature magnetic sensors assist in supplying such skills while maintaining fundamental functionalities of the automobile intact. Sensing additives in various use cases such as position sensing, flow charge detection, and velocity sensing are creating opportunities in the domestic region in the forecast period. The European marketplace is projected to preserve a steady growth fee over the forecast period. Hybrid motors, that are included with Hall Effect contemporary sensing in the power systems, are witnessing expanded adoption in Europe, which has greatly aided marketplace increase. Hybrid motors, that are included with Hall Effect present-day sensing inside the strength systems, are witnessing increased adoption in Europe, which has significantly aided market growth.

Allegro Microsystems, Inc., Alps Electric Co., Ltd, Asahi Kasei Microdevices Corporation, AMS AG, Baumer Ltd., Crocus Technology, Elmos Semiconductor AG, Honeywell International, Inc., iC-Haus, Infineon Technologies AG, Magnetic Sensors Corporation, Melexis Corporation, Memsic Corporation, Micronas Semiconductor Holding AG, Microsemi Corporation, MultiDimension Technology Co. Ltd, NVE Corporation, NXP Semiconductors, Robert Bosch GmbH, Rotary and Linear Motion Sensor (RLS),  Sensitec GmbH, TDK Corporation and others are the key players in the global market. Product launch, merger & acquisition, and partnerships encompass key players strategies to preserve and capture the most important share of the global market




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Smart Fleet Market Analysis by Top Key Players, Considering Growth and Demand

According to a new research published by Polaris Market Research the worldwide smart fleet market is anticipated to reach around USD 629.5 billion by 2026. In 2017, the automotive segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Fleet market.

 

The increasing need to track and monitor fleets to increase operational efficiency, and reduce costs drives the Smart Fleet Market growth. Organizations are increasingly adopting smart fleet systems to increase efficiency, and manage high volume of fleets. The growing need for high speed networks further accelerates the adoption of smart fleet systems. Other factors driving the market growth include growing need to reduce operational costs, increase profitability, and avoid road congestions and accidents. New emerging markets, increasing need to monitor driver behavior, and growing safety concerns are factors expected to influence the market in the coming years.

 

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North America is expected to lead the global Smart Fleet market during the forecast period. Significant investment by organizations to improve the fleet operations coupled with favorable regulations regarding transportation safety drive the growth of smart fleet in this region. Technological advancement and introduction of advanced smart fleet systems by the market players has increased the acceptance of smart fleet systems in the region. Asia-Pacific Smart Fleet Market is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, and increasing investments in increasing fleet efficiency. Expansion of global players into these countries to tap market potential boosts the market growth.

 

The various mode of transportation covered in the report include automotive, rolling stock, and marine. Use of smart fleet solutions in automotive sector offers remote monitoring, fuel management, remote diagnostics, and route optimization among other functionalities. Increasing safety concerns, and government regulations regarding vehicular emissions support the growth of this segment.

 

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The well-known companies profiled in the report include Cisco Systems, Inc., Robert Bosch GmbH, Denso Corporation, Sierra Wireless, Inc., Orbcomm, Inc., Siemens AG, Zonar Systems, Inc., IBM Corporation, Continental AG, OTTO Marine Limited, Harman International Industries, Inc., Globecomm Systems, Inc., and Globecomm Systems, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Net Zero Energy Buildings Market Trends, Growth, Opportunities and Market Forecast to 2026

According to a new research published by Polaris Market Research the net-zero energy buildings market is anticipated to reach over USD 96,008 million by 2026. In 2017, the commercial net-zero energy buildings segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

 

Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of net-zero energy buildings. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce energy consumption further support the growth of this market. Additionally, the increasing acceptance and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.

 

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The demand for net-zero energy buildings has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The exponential growth in the prices of traditional fuel owing to the depleting fossil fuel reserves has encouraged consumers to switch to renewable sources for operations in net-zero energy buildings. Limited awareness among consumers has limited the adoption of these buildings in the past. However, with significant government initiatives and substantial investments, the development of net-zero energy buildings has accelerated significantly.

  

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the market growth in the region. The governments in the region are collaborating with engineers and architects to promote the adoption of Net-Zero Energy Buildings. Public structures and universities are adopting net-zero energy buildings owing to stringent government regulations, and the need to reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in net-zero energy building markets of the North American region.

 

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The different types of net-zero energy buildings include residential, and commercial. In 2017, the commercial segment accounted for the highest market share. The awareness regarding green buildings, and reduction in operation costs encourage the commercial sector to invest in non-zero energy buildings. Commercial structures such as manufacturing plants, offices, and institutes are adopting net-zero energy buildings to reduce emissions and energy use. The residential sector is expected to grow at the highest CAGR during the forecast period.

 

The well-known companies profiled in the report include Siemens AG, General Electric, Johnson Controls International plc, SunPower Corporation, Altura Associates, Inc., Sage Electrochromics, Inc., Daikin Industries Ltd., Schneider Electric, Kingspan Group plc, and Integrated Environmental Solutions (IES) Limited among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Injection Molded Plastic Market Analysis, Outlook by 2020 - Trends, Opportunities and Forecast to 2026

The report “Injection Molded Plastic Market Size By Raw Material (Polystyrene, Polypropylene, Acrylonitrile-butadiene-styrene (ABS), High density polyethylene (HDPE), Others); By End-User (Automotive, Construction, Packaging, Healthcare, Consumer Goods, Others); By Region, Segments & Forecast, 2017 – 2026” provides an extensive analysis of present market dynamics and predicted future trends.

The global injection molded plastic market is expected to reach more than USD 396.1 billion by 2026 with a CAGR of 6% during the forecast period as per a new study released by Polaris Market Research. In 2017, During the forecast period, Asia-Pacific is expected to lead injection molded plastic market.

The tremendous growth in industries such as healthcare, packaging, automotive, construction and consumer goods have contributed in the growth for injection molded plastic market. The other driving factors such as lower labor cost, reduced wastage, material flexibility, introduction of lower labor cost have also contributed in the growth of the market. How-ever the factors such as concerns regarding environmental pollution, increase in demand for bio-based polymers are expected to restrict the growth of the market. Increase in demand from developing nations, technology advancement are expected to provide future opportunities to the injection molded plastic companies.

 

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Injection molded plastic is used in many applications in automotive industry. It is used for manufacturing automotive interiors, exteriors, under hood applications, fueling framework, etc. Injection molded plastics are cost effective and hence used in almost all manufacturing automotive parts. Presently, it is also used as substitute for the metals, which offers lighter weight, provides rust resistance and reduce wear and tear in automotive parts.

 

Asia Pacific has the largest share in injection molded plastic market. It is also expected to lead the market through the forecasted period. In Asia-Pacific there are many emerging industries for healthcare, construction, packaging etc. There are many research and development activities carried in this market. The government has also amended favorable policies to accelerate the growth of the market. Rapid industrialization and growth of manufacturing industry further support market growth in the region. The other end-users applications for injection molded plastic are automotive, construction, packaging, healthcare, consumer goods, and others.

 

The top companies for injection molded plastics are: E. I. DuPont De Nemours and Company, China National Petroleum Corporation, Huntsman Corporation, BASF SE, , LyondellBasell, Berry Plastics Group, Eastman Chemicals, , SABIC, INEOS Group, the Dow Chemical Company, Exxon Mobil Corp and many others. The companies are continuously working on new product launches and are collaborating with other companies to increase the production and cater the growing need for injection molded plastic.

 

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Polaris Market Research has segmented the global injection molded plastic market on the basis of raw material, end-user, and region:

 

Injection Molded Plastic Raw Material Outlook (Market Revenue in USD Billion, 2015 – 2026)

Polystyrene
Polypropylene
Acrylonitrile-butadiene-styrene (ABS)
High density polyethylene (HDPE)
Others

Injection Molded Plastic End-user Outlook (Market Revenue in USD Billion, 2015 – 2026)

Automotive
Construction
Packaging
Healthcare
Consumer Goods
Others

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