Industry Research Report

Monday, 14 June 2021

Traffic Road Marking Coating Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

Global Traffic Road Marking Coating Industry: Opportunities in 2021

The global traffic road marking coating market size is expected to reach USD 7.26 billion by 2028 according to a new study by Polaris Market Research. The report “Traffic Road Marking Coating Market Share, Size, Trends, Industry Analysis Report, By Product (Thermoplastic, Paint, Preformed Polymer Tape, Others); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

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The rapid increase in traffic congestion across the globe majorly drives the growth of this market. Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. There has been an increasing construction of roads, especially in the developing regions of Asia-Pacific and Latin America, which further augments the growth of this market. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for traffic road marking coating market in the coming years.

The well-known companies profiled in the report include : Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products Ltd. 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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Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of Asia-Pacific. The increasing need to improve infrastructure is increasing the demand of traffic road marking coating in the region. Governments in the region are increasingly investing in the development of roadway infrastructure, augmenting the market growth. Growing concerns regarding road accidents, and rising need to control them further promotes the growth of this market. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period.

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Thermal Insulation Coating Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

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

Global Tannin Industry: Opportunities in 2021

The global tannin market size is expected to reach USD 3.78 billion by 2028, according to a new study by Polaris Market Research. The report “Tannin Market Share, Size, Trends, Industry Analysis Report, By Product (Hydrolysable, Non-Hydrolysable, Phlorotannins); By Application (Leather Tanning, Wood Adhesives, Wine Production, Others); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid increase in the demand for the product from the leather industry majorly drives the growth of this industry. Growing demand from the wine industry and increasing disposable income especially in developing regions support the industry growth. Consumers are increasingly consuming alcohol owing to rising living standards, rising disposable income, and improving lifestyles.

The rising demand of luxury goods, automobiles with luxurious leather interiors, clothes, and shoes are expected to drive the industry during the forecast period. The growing use of the product in applications such as healthcare, and wood adhesives would further supplement the industry growth. New emerging markets and emerging consumer demographics would provide growth opportunities for the tannin market over the coming years.

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Europe accounted for the majority of the revenue share in 2020. The highly established wine industry majorly drives the industry growth in the region. The increasing demand from the leather and automotive segment further augment the adoption of the product.

Leather is used in the automotive segment to design luxurious interiors for cars. Asia Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing population, rising disposable incomes, and improving lifestyles in developing countries of this region.

A significant increase in the demand for luxury leather goods, and the food manufacturing industry has been registered in the region, thereby boosting the tannin market. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

The product is used in various applications such as leather tanning, wine production, and wood adhesives among others. The leather tanning segment is expected to lead the industry during the forecast period owing to increasing demand of leather from textiles and automotive industries. The segment involves treating animal skins and hides for the production of leather. Rising disposable income, high standards of living, and growing demand for leather goods drive the growth of the industry.

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The well-known companies profiled in the report include Forestal Mimosa Ltd., Tannin Corporation, Laffort SA, Tanac S.A., Tanin Sevnica d.d., Zhushan County Tianxin Medical & Chemical Co., Ltd., S.A. Ajinomoto OmniChem N.V., Polson Ltd., W. Ulrich GmbH, and Ever s.r.l. among others. These companies launch new products and collaborate with other industry leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Halal Food Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

Global Halal Food Industry: Opportunities in 2021

The global Halal Food Market is anticipated to reach USD 922.53 billion by 2026 according to a new study published by Polaris Market Research.

The Halal Food market growth is primarily due to increase in Muslim populations and their rising annual spending on food. This has created a surge in demand for halal food & beverage products. Increasing demand has also compelled market players to engage in authentic and branded products. Presently, consumers are exhibiting growing interest in halal industry. This is primarily due to the increasing consumer awareness about the nutritional and hygiene advantages, and improving lifestyles as a result of increasing disposable income. These products being processed and packed with much higher regulatory compliance compared conventional food products are gaining significantly popularity. Basically, they do not contain contents or ingredients that are against Islamic beliefs.

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Some of the leading industry participants in the Halal Food market include Cleone Foods, Prima Agri-Products, Cargill, Kawan Foods, Janan Meat, Saffron Road Food, Dagang Halal, QL Foods, Al Islami Foods and Nestle.

Halal foods are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and highly nutritional. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to Halal Food market. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on the branded products.

The growing issues over the absence of proper regulatory framework to assure the authenticity of these products might be a restraint to the commercially produced halal food. The industry can be considered as a fragmented one and the absence of standardized regularizations has repressed the mainstream F&B participants from venturing this section of the worldwide Halal Food market. However, the number of small scale companies meeting the needs of the local populations has been increasing significantly.

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Low level of awareness about the presence of authentic halal food brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing demands to its full potential as expected. Moreover, halal authentic issues within the sector are considered quiet minor among consumer. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal food & beverage brands.

The Asia Pacific Halal Food market is anticipated to dominate the global market by 2026, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follows Islamic beliefs. Moreover, the rising economic conditions in the region provides an opportunity for the foreign players to start of their production facilities, thus offering cost effective products the consumers in the region.

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Carbon Black Market Global Industry Analysis By Trends, Future Demands, Growth Factors 2028

Global Carbon Black Industry: Opportunities in 2021

The global carbon black market size is anticipated to reach 17.58 billion by 2026, growing at a CAGR of 5.2% during the forecast period, according to a report published by Polaris Market Research. The report ‘Carbon Black Market By Product Type (Thermal Black, Channel Black, Furnace Black, and Others), By Application (Plastics, Tire, Non-tire, Coatings and Others), By Regions& Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

Carbon black is generally a reinforced material into components of vulcanized rubber and finds numerous applications wherein majorly the 60% of it is consumed in manufacturing of the automobile tires. Special blacks that have been introduced in the market for over a decade is substantially highly priced per kilogram in comparison to the carbon blacks for commodity production. Special blacks have still not been commercialized in every aspect and are still mainly in the developing stage of the product lifecycle. Also, the manufacturers have invested heavily in their R&D activities.

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Coatings, plastics, paints, inks, and others are among the most widely used solutions in the infrastructure & construction sectors. These industries have witnessed rigorous growth in the developed nations. In the developing countries such as those of Asia Pacific region also these industries have witnessed tremendously higher growth. Construction industry in Latin America has also seen significant boom for the past five years due to strong manufacturing base in the U.S. Asia Pacific has also developed extensively in terms of being a major manufacturing hub with major contributing economic efforts from countries such as South Korea, India, Japan, and some of the South East Asian countries.

The presence of international leading car manufacturing countries such as South Korea and Japan have further strengthened the development of rubber and expansion of the tire manufacturing base in the whole region. The tore manufacturing sector in China and India has witnessed tremendous growth since 2010. Both these countries are known to be among the major exporters not just in their regional market instead internationally. The above-mentioned parameters and mega trends have strengthened the demand of carbon black significantly with rapidly growing production and consumption trends.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Carbon Black Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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Competitive Landscape and Key Vendors

Asia Pacific is anticipated to become the dominant player by 2026. This is mainly due to the presence of strong base of automobile manufacturing in few of its countries. Moreover, increasing automobile production in countries such a India coupled with other Southeast Asian countries India’s increasing automobile production along with the other Southeast Asian countries are among the crucially significant factors driving the market demand.

Numerous projects related to R&D phase have been undertaken by large number of leading players couple with the active participation of universities and organisations which has significantly strengthen the demand for high-quality carbon black. The U.S. has also been a significant contributor to the market because of its advanced automobile manufacturing. Strong manufacturing base in the country coupled with rapid growth in the automobile production has led to high demand in the country. Mexico and Canada are also anticipated to be substantially crucial markets for the carbon black.

Some of the significant market players for the carbon black include Cabot Corporation, Shandong Huadong Rubber Materials Co., PJSC, Ltd., Suzhou Baohua Carbon Black Co., Ltd., Shandong Lion King Carbon Black Co., and Asahi Carbon Co., Ltd. Some more companies include Himadri Chemicals & Industries Ltd., Nippon Steel & Sumikin Chemical Co., Ltd., Ltd., Mitsubishi Chemical Corporation, Longxing Chemical Stock Co, Ltd., Ralson Goodluck, SID Richardson & Energy Co. Tokai Co., Ltd., OCI Company Ltd., Jiangxi Cat Inc., Ltd., China Synthetic Rubber Corporation, OMSK Group OOO, Orion Engineered S.A., Phillips Black Limited, and Thai Carbon Black Public Company Limited.

Polaris Market Research has segmented the global carbon black market on the basis of product, application and region:

Carbon Black by Product Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)

Granular Carbon Black
Powdered Carbon Black
Others

Carbon Black by Application Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)

Gaseous Phase
- General Industries
- Automotive
- Others
Liquid Phase
- Chemicals
- Pharmaceuticals
- Food & Beverage
- Others

Region

North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
Middle East and Africa
- Saudi Arabia
- UAE

https://www.prnewswire.com/news-releases/structured-cabling-market-size-worth-15-85-billion-by-2028--polaris-market-research-301272223.html

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?tc=eml_cleartime

Friday, 11 June 2021

Passenger Drones Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

Global Passenger Drones Industry: Opportunities in 2021

The global passenger drones market is estimated to reach USD 1,419.5 million by 2026 growing at a CAGR of 29.5% during the forecast period, according to a new study published by Polaris Market Research.

Passenger Drones are move people for short to medium distances. Being capable of vertical takeoff and landing (VLOT), these can replace driving on roads in cities. Passenger Drones will solve the problem of transport during peak travel time and overcoming obstacles like bridges or lakes. Not just daily commute, passenger drones can be of great significance in adversities and be used for rescue, search operations, emergency supply delivery or air ambulance.

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The growing need for cheaper, faster and cleaner transport is increasing the demand for transport alternatives. The increasing demand for intelligent technologies that reduce emissions and offer higher energy efficiency play a key role in the passenger drone market growth. The increasing penetration of mobile devices and technological advancements in components such as camera, mapping software, and others are expected to further support passenger drone market growth.

The decline in drone costs and technological advancement is encouraging significant investments in the technology. The growing urban population and their aspiration to avoid traffic congestion will further push the passenger drone market growth during the forecast period. However, safety, security, and privacy concerns restrict the market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

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Europe generated the highest revenue in the market during 2017. The increasing population, and growing need for efficient travel options drives the growth of this market. Presence of key players in the region, significant investments, and increasing technological innovation further support the market growth.

The different components used in passenger drones include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the global market. The hardware used in passenger drones include technologically advanced cameras, navigation systems, frames, controllers, propulsion systems, and others.

The well-known companies profiled in the passenger drones market report include Ehang, Volocopter GmbH, AeroMobil, Joby Aviation, Uber Technologies Inc., Boeing, Airbus S.A.S., Astro Aerospace, Cartivator, Lilium, and Terrafugia among others. These companies are consistently launching new products to enhance their offerings in the passenger drones industry. With the advancement of technologies, companies are innovating and introducing new solutions to cater to the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their offerings to improve their market reach

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

Global Cryotherapy Industry: Opportunities in 2021

The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to a new study published by Polaris Market Research. The report Cryotherapy Market Size, Share, Trends, Industry Analysis Report By Device Type (Cryoguns, Cryoprobes, Gas Cylinders, Cryochambers, Gas Pressure Gauges, Thermocouple devices); By Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy); By Application Type and By Regions – Segment Forecast 2020-2026 provides an in-depth analysis of present and future market trends.

Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.

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The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.

High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.

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The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.

Polaris Market Research has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:

Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)

Cryogun
Cryoprobes
Gas Cylinders
Gas Pressure Gauges
Thermocouple Devices

Cryotherapy Application Outlook (Revenue USD Million 2025-2026)

Oncology
Cardiology
Dermatology
Pain Management
Gynecology

Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)

Cryosurgery
Icepack therapy
Cryo chamber therapy

Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)

North America (U.S., Canada)
Europe (Germany, UK, France, Italy, Spain)
Asia-Pacific (China, Japan, India)
Latin America (Brazil, Mexico)
Middle East and Africa

Malaria Vaccines Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

Global Malaria Vaccines Industry: Opportunities in 2021

The global malaria vaccines market is expected to reach USD 134.9 million by 2026 growing at a CAGR of 33.2% during the forecast period according to a new study published by Polaris Market Research. The report ‘Malaria Vaccines Market Size Report By Agent (Plasmodium Falciparum, Plasmodium Vivax, Anopheles Species); By Vaccines Type (Pre-Erythrocytic Vaccine, Erythrocytic Vaccine, Multi-antigen Vaccine); By Channel of Distribution (Hospitals, Clinics, Community Centers); By Regions: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

According to the World Malaria Report published by WHO in November 2018, the cases for malaria were 219 million in 2017 in more than 90 countries which were up from 217 million cases in 2017. The total deaths due to malaria in 2017 were 435,000 which were registered in the malaria affected regions.

The market for malaria vaccines globally has been divided based on vaccine type, agent, channel of distribution and region. Considering the vaccine type, the market is bifurcated into pre-erythrocytic vaccine, erythrocytic vaccine, and multi-antigen vaccine. The channel of distribution used for malaria vaccines include the hospitals, clinics and community centers. Considering the agent used in the malaria vaccines, the global market is divided into plasmodium falciparum, anopheles species, and plasmodium vivax. Geographically, as per the WHO report, nearly half of the world’s population was at risk in 2017, wherein the African region was the most affected one. Along with Africa, Asia Pacific region is also expected to grow at a considerable rate among all the other regions with Middle-east and Latin America likely to be the other potential regions for malaria vaccines market. North America and Europe have lower cases of malaria related diseases with regions such as Africa monitoring some of the highest deaths of children related to malaria globally.

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Some of the major factors pushing the market include the expanding occurrences of malaria in addition to the existence of numerous companies that are introducing low profit margin vaccines throughout the world. Increasing awareness associated to the aftereffects of the disease, continuous R&D in this section and increased funding from the government of the developing and developed countries together is pushing the market for malaria vaccines globally. Weak supply chain and distribution network among some of the developing countries which are affected by malaria are creating restraints for the market growth in these regions, however companies and government organizations are working together to overcome this challenge. It is anticipated that the continuous R&D for malaria vaccines and the continuous growth of this disease will help the market to grow in the coming years.

A few key strategies adopted by companies operating in the malaria vaccines market are new technology and product development, and geographical expansion among the developing regions to focus on proving vaccines to the areas highly affected by the disease at lower cost. The leading players operating in the market globally are GlaxoSmithKline, GenVec, Inc., Nobelpharma, and Sanaria. Some other promising vendors are Cadila Healthcare Ltd., CellFree Sciences Co. Ltd., VLP Therapeutics LLC, and Genome ReS Ltd. among others.

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Polaris Market Research has segmented the global malaria vaccines market on the basis of source type, application and region:

Malaria Vaccines Agent Type Outlook (Revenue, USD Million, 2015 – 2026)

Plasmodium Falciparum
Plasmodium Vivax
Anopheles Species

Malaria Vaccines Vaccine Type Outlook (Revenue, USD Million, 2015 – 2026)

Pre-Erythrocytic Vaccine
Erythrocytic Vaccine
Multi-antigen Vaccine

Malaria Vaccines Distribution Channel Type Outlook (Revenue, USD Million, 2015 – 2026)

Hospitals
Clinics
Community Centers

Malaria Vaccines Regional Outlook (Revenue, USD Million, 2015 – 2026)

North America (U.S., Canada)
Europe (Germany, UK, France, Italy, Spain)
Asia-Pacific (China, Japan, India)
Latin America (Brazil, Mexico)
Middle East and Africa

Systemic Scleroderma Treatment Market 2021 SWOT Analysis, Top Key Company Profiles and Latest Trends

Global Systemic Scleroderma Treatment Industry: Opportunities in 2021

The global systemic scleroderma treatment market expected to reach USD 2.09 billion by 2028 according to a new study by Polaris Market Research. The report “Systemic Scleroderma Treatment Market Share, Size, Trends, Industry Analysis Report, By Drug Class (Immunosuppressors, Phosphodiesterase 5 inhibitors-PHA, Endothelin Receptor Antagonists, Prostacyclin Analogues, Calcium Channel Blockers, Others); By Regions; Segment Forecast, 2021 – 2028”

The global market for systemic scleroderma treatment is anticipated to grow due to presence of innovative small molecule therapies, significant government backed funding, and increasing clinical trials for the concerned diseases. Moreover, the presence industry-academia collaborations in the developed countries are favoring the systemic scleroderma treatment industry growth.

The global market for systemic scleroderma treatment is fragmented based on drug class and region. The drug class market segment has been bifurcated into immuno-suppressors, phosphodiesterase 5 inhibitors-PHA, endothelin receptor antagonists, prostacyclin analogues, calcium channel blockers, and others. The systemic scleroderma treatment industry region segment has been bifurcated into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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Segment Highlights

Immunosuppressors market segment accounted for over 60% of the overall market revenue share in 2020 and is expected to continue its dominance in systemic scleroderma treatment industry over the forecast period owing to higher efficiency and comparatively improved results.
North America systemic scleroderma treatment industry is dominating the global market for systemic scleroderma treatment, holding over 40% of the market share throughout forecast period. Favorable reimbursement scenario and strong drug pipeline favoring the systemic scleroderma treatment industry growth.
The market players including Roche Ltd.; United Therapeutics; Boehringer Ingelheim International GmbH together held a significant market share of global market for systemic scleroderma treatment in year 2020.

List of Key Players of Systemic Scleroderma Treatment Industry

Hoffmann La Roche Ltd.
Johnson & Johnson Services, Inc.
United Therapeutics
Boehringer Ingelheim International GmbH
GlaxoSmithKline plc
Pfizer, Inc.
Eli Lilly and Company
Bayer AG
Mylan N.V.
Teva Pharmaceutical Industries Ltd.
Others

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Polaris Market Research has segmented systemic scleroderma treatment market report on the basis of drug class and region:

Systemic Scleroderma Treatment, Drug Class Outlook (Revenue – USD Million, 2016 – 2028)

Immunosuppressors
Phosphodiesterase 5 inhibitors – PHA
Endothelin Receptor Antagonists
Prostacyclin Analogues
Calcium Channel Blockers
Others

Systemic Scleroderma Treatment, Regional Outlook (Revenue – USD Million, 2016 – 2028)

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