Thursday, 10 June 2021

Chemiluminescence Immunoassay Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global chemiluminescence immunoassay market is expected to reach USD 10.67 billion by 2027, according to a new study by Polaris Market Research. The report Chemiluminescence Immunoassay Market Share, Size, Trends, Industry Analysis Report, By Product (Instruments {Automated and Semi-automated}, Consumables, Software & Services); By Application (Therapeutic Drug Monitoring, Oncology, Cardiology, Endocrinology, Infectious Disease, Autoimmune Disease); By End Use; By Regions; Segment Forecast, 2020 – 2027 gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global chemiluminescence immunoassay market is driven by few notable factors such as rapid surge in the COVID- 19 cases, the awareness among the people about timely medical attention, and rapidly improving healthcare infrastructure in terms of rapid testing, which in turn, boosting the chemiluminescence immunoassay industry growth. Chemiluminescence immunoassay solutions are also used for detection of numerous severe diseases including autoimmune disease, cancer, and diabetes, among others.

 

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The global chemiluminescence immunoassay industry is segmented on the basis of product, application, end-use, and region. In terms of product, the market is segmented into instruments, consumables, and software and services. Based on application, the market is classified as therapeutic drug monitoring, oncology, cardiology, endocrinology, infectious disease, autoimmune disease, and others. The end-use segment is further divided into hospitals, clinical laboratories, pharmaceutical & biotechnology companies, and others.

  

Segment Highlights

  • The consumables segment of chemiluminescence immunoassay industry accounted for the largest revenue share in 2019 and is expected to continue its dominance over the forecast period. This can be attributed to the increasing demand for stains or reagents in therapeutics such as endocrinology and drug monitoring.
  • Based on application, the infectious diseases segment is projected to constitute almost half of the market by the end of 2027 on account of the aggressive use of chemiluminescence immunoassay solutions in the healthcare industry to check pandemic infection in across the regions.
  • Hospitals segment is expected to account for the largest revenue share by the end of 2027 on account of the increasing footfall in hospitals for the treatment of several infectious diseases and chronic diseases such as cancer driving chemiluminescence immunoassay solutions

 

List of Key Players

  • DiaSorin S.p.A.
  • Hoffmann-La Roche AG
  • Abbott Laboratories
  • Immunodiagnostic Systems
  • Maccura Biotechnology
  • Shenzhen Mindray
  • Beckman Coulter Inc.
  • Others

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Polaris Market Research has segmented the chemiluminescence immunoassay market report on the basis of product, application, end-use, and region.

Chemiluminescence Immunoassay, Product Outlook (Revenue – USD Million, 2016 – 2027)

  • Instruments
  • Automated
  • Semi-automated
  • Consumables
  • Software & Services

Chemiluminescence Immunoassay, Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Therapeutic Drug Monitoring
  • Oncology
  • Cardiology
  • Endocrinology
  • Infectious Disease
  • Autoimmune Disease
  • Others

Chemiluminescence Immunoassay, End Use Outlook (Revenue – USD Million, 2016 – 2027)

  • Hospitals
  • Clinical Laboratories
  • Pharmaceutical & Biotechnology Companies
  • Others

Chemiluminescence Immunoassay, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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5G Services Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global 5G Services market size is expected to reach USD 498.3 billion by 2027 according to a new study by Polaris Market Research. The report “5G Services Market Share, Size, Trends, Industry Analysis Report, By Communication Type (FWA, eMBB, uRLLC, mMTC); By End-Use (Smart Cities, Connected Workers, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utilities, Connected Healthcare); By Industry Vertical (Energy & Utility, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare, Retail, Agriculture, O&G and Mining, BFSI, Construction, and Real Estate); By Regions; Segment Forecast, 2021 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

5G is the next generation cellular technology, offers download speeds approximately 100 times faster than 4G LTE networks. 5G services improve telecommunication service providers and businesses to deploy and operate 5G network. 5G technology is being increasingly commercialized in different parts of the globe, with China leading the race. Moreover, it has a higher consistency & lower latency in comparison to the previous technologies.

 

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The growing incorporation of AR/VR technology across various verticals, such as aerospace & defence, automotive, medical, and retail, is also expected to fuel the product demand in the coming years. The prominence of OTT services such as Netflix, Amazon Prime, Hulu, Disney+, etc. has disrupted the media and entertainment industry and on-demand content is being increasingly preferred by the younger generation.

 

Robust deployment of 5G services, networks, and infrastructure advancement to provide enhance services for the customers is projected to drive the demand in the forecast years. Collaboration between the smartphone manufacturers, chipset providers and telecommunication providers will help in the acceleration of commercial 5G services. Therefore, the demand for 5G services can likely be engineered 5G component to make its use in a cost-effective manner.

 

Market participants such as AT&T Inc., Bharti Airtel Limited, BT Group plc,  China Mobile Ltd., China Telecom Corporation Limited, Deutsche Telekom AG, KT Corporation, NTT Docomo, Reliance Jio, SK Telecom Co., Ltd., Sprint Corporation, Telecom Italia, Telstra, Verizon Communications Inc., and Vodafone Group are some of the key players operating in the global market.

 

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Recent key initiatives by the key industry players show expresses the need of such services. For instance, recently Airtel renewed its partnership with Ericsson to enhance the performance of Airtel’s cellular networks and customer experience through Ericsson Operation Engine across India. Moreover, Reliance Jio and Google has made a strategic move by making a deal to manufacture an affordable 5G Android based operating system smartphone and launch services as well. Telefonica Deutschland has signed contracts with multiple vendors to build 5G cellular network across Germany.

 

The 5G services manufacturers are focusing on enhanced mobile broadband (eMBB) segment to deliver higher capacity and higher user mobility that will enable broadband services of mobile in moving vehicles including car, buses, trains and planes. In China, for instance, the government has drastically reduced licensing costs to speed up the rolling out of 5G services. Furthermore, the IT and telecom vertical are expected to rise in the coming years as the growing demand for higher data speeds and enhanced virtual business meetings.

 

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5G Enterprise Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global 5G enterprise market size is predicted to reach USD 31.4 billion by 2027 according to a new study by Polaris Market Research. The report “5G Enterprise Market Share, Size, Trends, Industry Analysis Report, By Access Equipment Type (Radio Node, service Node, DAS); By Core Network Technology (SDN, NFV); By Service(Platform and Software); By Organization Size(SMEs, Large Enterprises); By End User (BFSI, Media and Entertainment, Retail and Ecommerce, Healthcare and Life Sciences, Government and Defense, Transportation and Logistics, Manufacturing, Agriculture, IT and Telecommunications, Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

5G is the latest model of the cellular mobile communications with updated and latest technology is very speedy and when combining with new innovative technologies such as Internet of things and smart manufacturing capabilities are going to generate a whole exquisite experience for the customer. They will establish new connectivity, which will assist the businesses to widen their capabilities.

 

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Recent developments in the market include X50 (baseband), X55 (baseband), X60 (baseband), Snapdragon 765 and 765G, Snapdragon Serie 6, Exynos 5100, Dimensity 1000L SoC / MT6885 based on Helio M70 and Makalu Ivy510. These instruments offer new and advanced technological features and supports 5G NR radio interference.

  

The prominent factors favoring the global market growth include rising demand of smartphones with advanced features and increasing demand for single network to allow several industries coupling with increasing new developments.

 

For instance, in February 2019, Infosys declared that they have commenced a 5G technology as a service to form their own distribution network. This will assist the big firms to establish their own economic world by utilizing 5G technology. 5G Living labs will originate at Indianapolis, Bengaluru, Frankfurt, Richardson, and Melbourne.

 

Market participants such as Affirmed Networks, Airspan Networks, American Tower, AT&T Inc., China Mobile, Ciena Corporation, Cisco Systems Inc., Comba Telecom Systems, Commscope, EE Limited (BT Group), Ericsson, Extreme Networks, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies Co., Juniper Networks, Korea Telecom, Mavenir, NEC, Nokia, Qualcomm Technologies Inc., Samsung, SK Telecom Co. Ltd., T-Mobile, Verizon Communications, VMware, Inc., ZTE Corporation are some of the key players operating in the global market.

 

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Players in the market are focusing on new product launches, increasing expansions, collaborations and partnerships to enhance their market share and product portfolio. For instance, in October 2018, Fujitsu Limited and Ericsson signed a contract to supply end-to-end 5G network solutions and associated services under a strategic partnership. The partnership focused to invent 5G solutions based on their integrated portfolios, for the ongoing 5G network project in Japan, connecting telecom service providers to the 5G ecosystem across the globe.

 

Rubber Processing Chemicals Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global rubber processing chemicals market size is expected to reach USD 7.84 billion by 2028 according to a new study by Polaris Market Research. The report “Rubber Processing Chemicals Market Share, Size, Trends, Industry Analysis Report, By Product (Accelerators, Anti-Scorch Agents, Blowing Agents, Anti-degradants, Flame Retardants, Processing Aid, Polymerization Regulation); By Application; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The demand for rubber processing chemicals is expected to increase during the forecast period owing to wide applications in industries such as building and construction, automotive, manufacturing, and other sectors. Increasing demand for modernized and high-performing vehicles along with stringent vehicular safety regulations, increasing investment in non-tire rubber applications, especially in emerging economies of Asia Pacific, supplement demand.

 

The different products include accelerators, anti-scorch agents, blowing agents, anti-degradants, flame retardants, processing aid, polymerization regulation, and others. The demand for anti-degradants is expected to be high during the forecast period. The use of anti-degradants protects rubber products from external influences and the aging process. Long-term exposure to environmental factors such as heat, oxygen, and UV light among others result in damaged rubber products, supporting the market growth of the rubber processing chemicals.

 

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The tire segment dominated the global market for rubber processing chemicals in 2020. Rubber processing chemicals are used in tire manufacturing for greater strength, enhanced temperature resistance, and increased durability. These chemicals offer reinforcement to tires, preventing erosion and making them stronger.

 

There has been an increasing penetration of passenger vehicles, driving the market growth of the rubber processing chemicals. The growth in production volume of electric vehicles, increasing need for fuel-efficient vehicles, and stringent government regulations have increased the demand for rubber processing chemicals in tire manufacturing.

 

Rubber processing chemicals are used in diverse industries such as automotive, electronics and semiconductors, aerospace and defense, industrial, healthcare, and others. The automotive segment accounted for the highest share in 2020 owing to a greater need for improved comfort, enhanced safety, greater environmental performance, and higher energy efficiency.

 

The increasing population of vehicles, rising demand for technologically advanced luxury vehicles, and adoption of vehicular safety standards drive the market growth in the region. Significant investments in the automotive sector, extensive research, and development activities increasing the adoption of electric vehicles, and the development of autonomous vehicles are expected to further support market growth.

 

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Asia Pacific dominated the global market for rubber processing chemicals in 2020 and is expected to maintain its dominance over the forecast period. Increasing application in electronic and industrial sectors coupled with rising awareness regarding the adoption of electric vehicles fuels growth in this region. Rising industrial growth, urbanization, and growth in the automotive sector support market growth. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.

Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the market presence and gain market share. Broadening of the product portfolio is another trend that is visible in the market.

 

Some of the major market participants include Eastman Chemical Company, Arkema Group, Emery Oleochemicals Group, Merchem Limited, BASF SE, Paul & Company, Kumho Petrochemical Co., Ltd., Sinochem Group Co., Ltd., Lanxess AG, Solvay SA, Behn Meyer Holding AG, Akzo Nobel N.V., China Petroleum & Chemical Corporation, R.T. Vanderbilt Holding Co., Inc., Nouryon, and Emerald Kalama Chemical, LLC.

 

Polaris Market Research has segmented the Rubber Processing Chemicals market report on the basis of product, application, end-use, and region.

 

 Rubber Processing Chemicals Product Outlook (Revenue, USD Million, 2016 – 2028)

  • Accelerators
  • Anti-Scorch Agents
  • Blowing Agents
  • Anti-degradants
  • Flame Retardants
  • Processing Aid
  • Polymerization Regulation
  • Others

Rubber Processing Chemicals Application Outlook (Revenue, USD Million, 2016 – 2028)

  • Tire
  • Non-tire

Rubber Processing Chemicals End-User Outlook (Revenue, USD Million, 2016 – 2028)

  • Automotive
  • Electronics and Semiconductors
  • Aerospace and Defense
  • Industrial
  • Healthcare
  • Others

Read More:

https://www.prnewswire.com/news-releases/rubber-processing-chemicals-market-size-worth-7-84-billion-by-2028--cagr-5-3-polaris-market-research-301308798.html

https://www.medgadget.com/2021/05/non-invasive-prenatal-testing-nipt-market-size-is-projected-to-reach-6-56-billion-by-2028-pmr.html

Automotive Finance Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global automotive finance market size is expected to reach USD 392.78 billion by 2028 according to a new study by Polaris Market Research. The report “Automotive Finance Market Share, Size, Trends, Industry Analysis Report, By Type (Indirect, Direct); By Service Type (New Vehicles, Used Vehicles, Others); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Purpose (Leasing, Loan, Others); By Provider; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period. Governments across the world are collaborating with automotive lenders to promote the adoption of electric vehicles.

 

The lenders are adopting technologies such as data analytics, cloud computing, artificial intelligence, and machine learning to offer timely services to customers and improve the overall experience. Integration of these technologies enables lenders to expand business operations and offer personalized offers by analyzing external databases, internal data, credit bureaus, social media, and online searches.

 

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The different types of automotive finance include indirect finance and direct finance. In 2019, the direct automotive finance segment accounted for the highest market share. However, the demand for indirect automotive finance is expected to increase during the forecast period. Indirect automotive finance is offered by the vehicle dealer through auto finance companies, local banks, and the auto manufacturer’s captive car fund company. Indirect automotive finance provides access to a wide network of lenders for consumers in varied credit situations.

 

On the basis of service type, the market is segmented into new vehicles and used vehicles. Automotive loan for new vehicles includes longer tenure owing to lower risks and manufacturer guarantee. The higher price of new vehicles and reduced risk of new vehicles result in disbursal of the higher loan amount at a lower interest rate. The down payment and EMI payments for new vehicles are lower as compared to used vehicles.

 

On the basis of vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and others. There has been significant demand for automotive finance from the commercial vehicles segment owing to the high cost associated with them. The rising need to increase efficiency and reduce maintenance costs of transportation of commercial goods has significantly increased the demand for commercial vehicles, supporting the growth of this segment. Special initiatives are taken by governments in the form of subsidies, and special schemes for users of commercial electric vehicles also supplement the growth of this segment.

 

The market is segmented into banks, OEMs, financial institutions, credit unions, and others based on providers. In 2019, the banks segment accounted for the highest market share owing to benefits such as long repayment tenure, low-interest rate, and quick disbursement. Banks across the works are collaborating with Governments to promote the adoption of electric vehicles.

 

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Countries such as China, India, France, and the U.S. have introduced several incentives and subsidies to encourage the use of electric vehicles. Several banks such as Bank of America have demonstrated their support to acceptance of alternative fuel vehicles by joining the US Department of Energy’s Workplace Charging program.

 

On the basis of purpose, the market is segmented into leasing, loan, and others. In 2020, the loan segment dominated the global market. However, the demand for leasing is expected to increase during the forecast period. Automotive loan assists consumers in the purchase of a vehicle, while leasing involves payments allowing car possession for a pre-determined amount of time. Some benefits offered by leasing include lower monthly payments, reduced repair expenses, no loan approval, and easy return after the expiry of the lease term.

 

The demand from Asia Pacific is high owing to increase demand for passenger vehicles, rising disposable income, and modernization of vehicles. Growing concerns regarding air pollution and the increasing need for fuel-efficient vehicles have increased the number of electric cars in countries such as China, the U.S., India, and Japan, driving the growth of the market. The governments in the region have taken various initiatives in the form of subsidies and incentives to increase the acceptance of electric vehicles, thereby increasing the need for automotive finance.

 

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia Pacific would provide significant growth opportunities during the forecast period. Some of the major market participants in the global market include GM Financial Inc., Toyota Financial Services, Daimler Financial Services, Ford Motor, and Standard Bank Group Ltd.

 

Polaris Market research has segmented the automotive finance market report on the basis of type, service type, vehicle type, provider, purpose, and region:

 

Automotive Finance, Type Outlook (Revenue, USD Million, 2016 – 2028)

  • Indirect
  • Direct

Automotive Finance, Service Type Outlook (Revenue, USD Million, 2016 – 2028)

  • New Vehicles
  • Used Vehicles

Automotive Finance, Vehicle Type Outlook (Revenue, USD Million, 2016 – 2028)

  • Passenger Vehicles
  • Commercial Vehicles
  • Others

Automotive Finance, Provider Outlook (Revenue, USD Million, 2016 – 2028)

  • Banks
  • OEMs
  • Financial Institutions
  • Credit Unions
  • Others

Automotive Finance, Purpose Outlook (Revenue, USD Million, 2016 – 2028)

  • Leasing
  • Loan
  • Others

Read More: 

https://www.prnewswire.com/news-releases/automotive-lightweight-material-market-size-worth-109-5-billion-by-2027--cagr-7-2-polaris-market-research-301211585.html


https://www.prnewswire.com/news-releases/industrial-microwave-heating-equipment-market-size-worth-1-57-billion-by-2027--cagr-4-3-polaris-market-research-301179670.html

Wednesday, 9 June 2021

Oil Well Cementing Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 Global Oil Well Cementing Industry: Opportunities in 2021

 

The global oil well cementing market was estimated at a worth of USD 503.0 million in 2017 and is projected to grow at a CAGR of 6.3% over the forecast period. Increasing exploration and production from unconventional oil & gas reserves, rising count of matured wells, and increasing production from offshore reserves are expected to be the major driving factors for growth of oil well cement market over the forecast period.

 

There are several grades of these cement products, but majorly are categorized into ordinary, moderate sulfate resistant (MSR), and high sulfate resistant (HSR). On the basis of application, the global market is further segmented into onshore and offshore. Ordinary (Grade 0) also known as normal portland cement is one of the widely used type of portland cement which is the most common cement type for general use as a basic ingredient of non-specialty grout, mortar, stucco, and concrete.

 

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Moderate sulfate resistant (MSR) also called type II cement is used where precaution against moderate sulphate attack is important. MSR usually generates less heat of hydration at a slower rate than cement Type I and thus, this cement is used in mass structures such as retaining walls, large piers, and heavy abutments.

 

MSR are preferred in hot water due to less heat generation. High sulfate resistant (HSR) type of cement is used when concrete is exposed to highly alkaline soil or water having high sulphate content. Such cement is used where soils or ground waters have a high sulfate content as HSR is not resistant to acids and/or other highly corrosive substances.

  

The raw material used for manufacturing oil well cement includes limestone, iron ore, coke and iron scraps. The product is manufactured from clinkers of Portland cements and also from cements that are hydraulically blended. Oil well cements are formulated for resisting high pressures and temperatures within the wellbore.

 

These products set slowly owing to its organic retarders which prevent it from setting too fast. It is due to all these characteristics that it is used in the building of the oil wells where the pressure is around 20,000 PSI and the temperature is around 500 degrees Fahrenheit.

 

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The cement slurry is pumped into the wellbore through the casing and fills the space between the wellbore and casing. Cementing plug is inserted into the casing to provide sealing and removes debris from the casing. The main service providing companies include Halliburton, Schlumberger, Trican services and Baker Hughes which are the end-use segments of the oil well cement value chain.

 

Onshore drilling operations segment accounted for the largest market in 2017 with a share of 67.3% of oil well cementing market in 2017. Demand from offshore oil well drilling operations are anticipated to witness significant growth and account for 32.7% share of the global oil well cementing market in in 2026. Increasing exploration & production activities from offshore oil and gas reserves are expected to be driving product demand in the present industry space. However, ongoing investments in onshore matured and old wells can be considered a consistent source of product demand from the segment.

Aluminum Foil Packaging Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

 The global aluminum foil packaging market size is expected to reach USD 50.94 billion by 2028 according to a new study by Polaris Market Research. The report “Aluminum Foil Packaging Market Share, Size, Trends, Industry Analysis Report, By Type (Flexible, Rigid); By Printing Type (Printed, Unprinted); By Product (Wraps & Rolls, Containers, Bags & Pouches, Blister Packs); By End-Use (Food & Beverage, Personal Care & Cosmetics, Pharmaceutical); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Consumers are increasingly demanding easy and hassle-free packaging for products. Market players are introducing aluminum foil packaging designs that are effortless, hassle-free to open as well as reseal for convenient returns. The increase in online retail and growing demand for convenience food and ready-to-eat meals is expected to accelerate market growth during the forecast period.

 

Foil packaging assists in enhancing brand power for global brands and offers an effective method to compete with private labels and emerging local players. Growth in digitalization offers consumers access to vast and detailed information. Communicating brand values effectively and enabling product differentiation is a major factor driving the growth of the concerned foil packaging market.

 

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The different printing types used in the global market include printed aluminum foil and unprinted aluminum foil. There has been an increasing demand for printed aluminum foil packaging in recent years. Large brands are focusing on personalized and customized aluminum foil to create an impact and consumers and enhance brand awareness. Packaging can provide links to information about the product, both enhancing the product and providing details about its provenance.

 

The demand for flexible foil packaging is expected to increase during the forecast period owing to their relatively low cost, stiffness, and hygiene. Flexible foil is majorly used for the wrapping of food products such as dried food, prepared meals, and savory snacks. Flexible wraps and pouches are widely used in fast-food restaurants and coffee shops for savory snacks and baked products.

 

On the basis of product, the market is segmented into wraps and rolls, containers, bags and pouches, blister packs, and others. In February 2019, i2r Packaging Solutions introduced an aluminum smooth wall tray to be used by the food packaging industry. The product is called ‘i2r Ultra’, which is an embossed aluminum tray designed to increase stress resistance, decrease environmental impact, and reduce costs. The tray is developed with specialist rib and base configuration to offer improved structural strength and reduced weight.

 

The market is segmented into food and beverage, personal care & cosmetics, pharmaceutical, and others based on end-user. The food and beverage segment accounted for a major share in the global aluminum foil packaging industry in 2020. The increasing need to protect packaged goods and public health while handling food & beverages has increased the demand for aluminum foil across the globe. Brands operating in the industry are taking initiatives to offer brand differentiation and value to the consumer, while also providing necessary information about the packaged goods.

Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. There has been an increasing demand for aluminum packaging for packaged food and beverages, cosmetics, toiletries, and electronics in the region. The increasing population, growing inclination of consumers towards beauty trends and concerns, and introduction of innovative personal care products in the market at competitive prices by players further augment the demand.

 

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Other factors driving the market include improving lifestyles and increasing disposable income, especially in countries such as China and India. Growing demand from the pharmaceutical industry and the growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years.

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia-Pacific would provide significant growth opportunities in the market.

 

Some of the major market participants include Aleris Corporation, Carcano Antonio S.p.A., Constantia Flexibles, Amcor Limited, Hulamin Limited, Plus Pack SAS, Nicholl Food Packaging Ltd, China Hongqiao Group Limited, Eurofoil Luxembourg S.A., Zenith Alluminio Srl, Hindalco Industries Limited, United Company RUSAL PLC, Novelis Aluminum, Coppice Alupack Ltd., Reynolds Group Holdings Limited, JW Aluminum, and Aliberico S.L.U.

 

Polaris Market research has segmented the aluminum foil packaging market report on the basis of type, printing type, product, end-use, and region:

 

Aluminum Foil Packaging Type Outlook (Revenue, USD Million, 2016 – 2028)

  • Flexible
  • Rigid

Aluminum Foil Packaging Printing Type Outlook (Revenue, USD Million, 2016 – 2028)

  • Printed
  • Unprinted

Aluminum Foil Packaging Product Outlook (Revenue, USD Million, 2016 – 2028)

  • Wraps & Rolls
  • Containers
  • Bags and Pouches
  • Blister Packs
  • Others

Aluminum Foil Packaging End-Use Outlook (Revenue, USD Million, 2016 – 2028)

  • Food & Beverage
  • Personal Care & Cosmetics
  • Pharmaceutical
  • Others

Aluminum Foil Packaging Regional Outlook (Revenue, USD Million, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Israel
    • UAE

Read More: 

https://www.prnewswire.com/news-releases/aluminum-foil-packaging-market-size-is-projected-to-reach-50-94-billion-by-2028--polaris-market-research-301274852.html