Monday, 6 September 2021

Passenger Drones Market Overview, Trends Forecast Analysis By Top Manufactures

 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

 

Read More : https://www.openpr.com/news/2008685/passenger-drones-market-overall-study-report-2020-2026

Structured Cabling Market Size, Outlook, Key Prospects And Future Growth

The global structured cabling market size is expected to reach USD 15.85 billion by 2028 according to a new study by Polaris Market Research. The report “Structured Cabling Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Cable Type (Category 5E, Category 6, Category 6A, Category 7); By End-Use (BFSI, Healthcare, Manufacturing, IT & Telecom, Retail, Transportation, Industrial); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

There has been a massive increase in data generation owing to the increased adoption of mobile devices, BYOD, IoT, and social media. The increasing need for high-speed data transfer, growth in internet penetration, and rising implementation of smart technologies and home automation drive the market growth of the structured cabling.

 

On the basis of components, the market is segmented into hardware, software, and services. In 2020, the hardware segment accounted for the highest market share of the global structured cabling industry. The demand for copper cables and fiber optic cables has increased significantly in the market. Fiber optic cables are capable of delivering higher bandwidth, reduced power loss, and transmission over longer distances. Fiber optic cables can withstand heat, and electromagnetic interference while offering higher security, space efficiency, and increased bandwidth requirements.

 

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The cable-type segment has been segmented into Category 5E, Category 6, Category 6A, Category 7, and Others. Category 7 structured cabling is a shielded twisted pair cable developed for high-speed Ethernet connections. It supports a speed of 10 Gbps Ethernet, however, is capable of, transmitting up to 40 Gbps at 50 meters It is designed to block system noise and crosstalk, and operate efficiently during environmental hazards.

 

 

The end-uses of structured cabling include BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, industrial, and others. The IT & Telecom segment accounted for the largest revenue share in 2020. The massive growth of internet services along with the growing penetration of smartphones, laptops, and other mobile devices drive the market growth of this segment in the global structured cabling industry. Advanced cabling solutions are being developed by market players for improved performance in challenging environments and provide stability to ensure uninterrupted transmission.

 

Asia Pacific structured cabling industry is expected to witness the fastest growth over the forecast period. Increasing demand for high-speed mobility services from industries such as retail, healthcare, transportation, and manufacturing contributes to the market growth. Increasing penetration of mobile devices, rise in investment by small and medium-sized businesses, along technological advancement in the telecommunication industry is expected to drive the growth during the forecast period.

 

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The growing adoption of IoT, BYOD, and cloud services is expected to attract market investments during the forecast period. The governments in this region are focusing on the advancement of communication networks to obtain high levels of internet and technological literacy by investing significantly in this market for structured cabling.

 

Owing to technological advancements, and the growing need to strengthen market presence, companies are collaborating in order to retain customers and gain market share in structured cabling industry. Some of the major market participants include TE Connectivity Ltd., CXtec Inc., Reichle & De-Massari AG, DataSpan, Inc., Paige Electric Co., Schneider Electric SE, Belden Solutions, Teknon Corporation, PennWell Corporation, Corning, Inc., Broadcom Inc., Brand-Rex Ltd., Hitachi Cable America Inc., and The Siemon Company.

 

Sports Nutrition Market With Business Strategies And Analysis To 2028

 The global sports nutrition market size is expected to reach USD 33.03 billion by 2028 according to a new study by Polaris Market Research. The report “Sports Nutrition Market Share, Size, Trends, Industry Analysis Report, By Product (Sports Drink, Sports Supplements, Sports Foods); By Distribution Channel (E-commerce, Brick and Mortar), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The rising awareness of the importance of diet and nutrition among athletes is driving the market growth. Athletes and fitness-savvy people strongly focus to fulfill their nutritional requirements along with their routine physical activities. Target segments such as fitness enthusiasts, coaches, athletes, and trainers emphasize nutritional requirements to influence training and recovery to enhance their performance. U.S.-based Gatorade Sports Science Institute, in association with researchers and other collaborators, studies the impact of nutrition on training athletes and spread awareness regarding sports nutrition.

 

Moreover, the health and supplementing industry is continuously evolving itself through innovation and new product launches according to the taste and preferences of different strata of consumers in varied age groups. In line with this, companies are leveraging plant-based vegan nutritional products in the market. For instance, in 2019, Israel based nutrition start-up InnovoPro Ltd introduced vegan chick-pea protein powder. Previously, in November 2017, Apres introduced vegan plant-based protein beverages to support their full body nutritional replenishment.

 

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Market participants such as Glanbia Plc., SternLife, Optimum Nutrition, Hormel Foods Corporation, CytoSport, Inc., Clif Bar & Company, Stokely Van Comp, Inc., Max Nutrition, and MusclePharm. are some of the key players operating in the global market. Players in the marketplace are introducing new products and services to stay competitive in the intense market environment.

 

For instance, in December 2020, MYOS Corporation, a U.S.-based advanced nutrition company entered into an exclusive agreement with Science Biotech to distribute its Fortetropin product in Australian and New Zealand markets. The product is a nutritional product developed to accelerate muscle mass gains, recovery from injury, and improves mobility. According to the company’s claim, Australia is the high-performing market for fitness products, as it is recognized as a sports-loving nation.

 

In July 2020, the Chelsea football club introduced its new sports nutrition service “Blue Fuel” to design personalized meal plans, to be controlled via a mobile app. It is a subscription-based service, which incorporates varied sports tested product range which includes protein powders, hydration sachets, gummies, and protein bars. It also addresses fitness aims for the players to improve their performance.

 

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Polaris Market Research has segmented the sports nutrition market report on the basis of product, distribution channel, and region:

Sports Nutrition, Product Outlook (Revenue – USD Million, 2016 – 2028)

  • Sports Drink
  • Sports Supplements
  • Sports Foods

Sports Nutrition, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)

  • E-commerce
  • Brick-and-Mortar

Sports Nutrition, 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

 

Read More : https://www.prnewswire.com/news-releases/sports-nutrition-market-size-is-projected-to-reach-33-03-billion-by-2028--cagr-9-3-polaris-market-research-301233281.html

 

Friday, 3 September 2021

Energy Drink Market SWOT Analysis, Business Growth Opportunities By 2028

  Energy Drink | 2021 Scope Of Current And Future Industry


The global energy drinks market size is anticipated to reach USD 84.70 billion by 2026 growing at a CAGR of 7.3% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Energy Drinks Market Share, Size, Trends, & Industry Analysis Report, [By Product (Non-alcoholic, Caffeinated, Sports Drink), By Type (Organic, Non-organic, Natural), By Distribution (On-trade, Off-trade & Direct Selling), By Regions]: Segment Forecast, 2018 – 2026′ provides insights on the current market scenario and the future prospects.

 

Energy drinks are beverages that typically contain taurine, caffeine, vitamins, glucuronolactone, proprietary blends, herbal extracts, and amino acids, which are marketed as products that boost physical stamina and mental alertness. These beverages are formulated both with and without sugar and may or may not be carbonated, thus the product ranges are significantly broad. These products are gaining popularity among athletes, students, service members and even the adult consumers.

 

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In spite of the significantly increasing demand, current evidence for efficacy, performance and safety is often contradictory and unsystematic, and the primary concern of these beverages is that most of the product categories offered contain high caffeine concentrations. The media, scientific community, athletic departments, governments, including the general public have expressed several safety concerns over consumption of these products.

 

In a response to these types of concerns, several legislators have formulated different regulations and educational approaches to limit consumption of these products. These are some of the restraining factors that the industry participants face in the present scenario despite the growing demand.

 

These products experience several different traction types from many demographics, such as the Hispanics and age group between 18 – 35 are deeply inclined for these products whereas the millennial consumers opt for regular use f these beverages. In the next decades, demand for these products will be at its peak as these two consumer groups have been rising tremendously.

 

With such commercial momentum of popularity of these products, the industry participants are not exempted from the beverage industry’s larger forces as a whole. Demand for sugar free energy drinks or minimum sugar containing products that are formulated with natural ingredients have been rising.

 

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 Moreover, these organic or natural beverages are to satisfy all of the functional characteristics as the conventional products, as are the expectations of the modern consumers and their complex demands. From the startups, new market entrants to the legacy brand names, the energy drinks market are still in the midst of an era of evolution which is expected to redefine these products in the near future.

 

The U.S. is the largest consumer of energy drinks in the present industry scenario. In 2016 and 2017, regular energy drinks demand in the country slowed down that historically performed strongly. However, demand for sugar free or reduced sugar products have seen significant success spearheading present growth in the U.S. market.

 

Consumers in the U.S. are also demanding for new and wide variety of natural flavors and functionality within the low-calorie beverage categories. Some of the leading brands in the country include PepsiCo, GCMMF, Coca-Cola, Heinz, GSK, Goldwin Healthcare, Power Horse, NourishCo., Taisho Pharmaceutical Co Ltd., Monster Energy, and Red Bull.

 

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Hand Dryer Market Overview, Trends Forecast Analysis By Top Manufactures

  Hand Dryer | 2021 Scope Of Current And Future Industry


The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research. In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.

 

Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period. There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past. Additionally, energy efficient buildings and need to reduce operation costs would boost growth during the forecast period. Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements. Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.

 

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The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers. The rising awareness regarding use of eco-friendly solutions, development of smart infrastructure, and increasing adoption of energy efficient buildings are factors expected to promote the hand dryer market growth during the forecast period.

  

Europe generated the highest revenue in the hand dryer market in 2017. The increasing awareness among consumers regarding use of energy efficient equipment, and growing development of energy efficient buildings drive the market growth in the region. Consumers are adopting hand dryers to increase energy efficiency, and reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the European region.

 

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The major players in the hand dryer market includes Dyson Ltd., Mitsubishi Electric Corporation, Jaquar & Company Pvt Ltd, American Dryer, Inc., Panasonic Corporation, Excel Dryer, Inc., Bradley Corporation, Saniflow Corporation, World Dryer Corporation, and Bobrick Washroom Equipment, 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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Cool Roof Coatings Market Size, Recent Advancement & Scope Top Trends

 Cool roof coatings have increasingly gained significance in the growing green construction sector on account of their efficient energy performance and and being a comfort alternative for consumers. The global cool roof coatings market is anticipated to witness a positive leap on the growth as the consumer awareness concerning products with lesser environmental impact grows rapidly along with the changing demographics. The global cool roof coatings market is expected to reach USD 5.95 billion by 2026 and is estimated to grow at a CAGR of 6.8 % from 2018 to 2026.

 

Cool roof coatings help to reduce the increased temperature due to the heat from that gets trapped inside the buildings. Thus, results in lower dependency on energy-consuming equipment such as air conditioners. It also helps in the reduction of costs concerning energy. Cool roof coatings help in mitigating the harmful UV radiation affects and structural deformations which might occur due to fluctuations in temperature.

 

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Technology advancements and material development have played as significant part in the growth of cool roof technologies. With the emergence of new polymers containing lower volatile organic compound (VOC) are anticipated to contribute to product demand as an environmental-friendly alternative. Regulations concerning limited or no quantity of VOC content in paints & coatings is expected to strengthen the demand of cool roof coatings market. Silicon based cool roof coatings are among the latest innovations.

 

Green buildings demand has also risen sharply, wherein green buildings incorporate unique construction features ensuring effective use of water and energy. These are characterized as those providing the required building performance during the whole building life-cycle coupled with minimizing consumption of conventional energy sources. Green buildings are certified as per programs such as Leadership in Energy and Environmental Design (LEED) which have further resulted in growth of environmentally-friendly coatings such as cool roof.

 

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North America is the largest regional market for the cool roof coatings followed by Europe. Increasing consumer preference and supportive government policies for curbing carbon footprint in North America is the major growth factor for the growth of cool roof coatings in the region. Asia Pacific is likely to witness the fastest growth during the forecast period on account of increasing demand from its growing economies such as India and Southeast Asian countries. China is expected to witness fast growth in demand due to extensive implementation of green building codes.

 

The global cool roof coatings market is highly competitive and is characterized by high degree of integration across the manufacturing stage and distribution. Some of the key reclaimed rubber market players KST Coatings (Sherwin-Williams), DowDupont, Nippon Paints, KST Coatings (Sherwin-Williams), Monarch Industries, Sika Sarnafil, Nutech Paints, Valspar Corporation, GAF Materials, and Excel Coatings.

 

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Theranostics Market SWOT Analysis, Business Growth Opportunities By 2028

 Theranostics | 2021 Scope Of Current And Future Industry 


The Global Theranostics Market Size Is Anticipated To Reach Over USD 20.52 Billion By 2026 According to a new study published by Polaris Market Research.

 

Theranostics are defined as a combination of diagnostics and drug therapeutics to improve the drug safety, drug restructures development and effectiveness. The combination of effective medical drugs and advanced diagnostic tests has been given numerous names, such as Dx/Rx partnering, integrated medicine, pharmacodiagnostics, and companion diagnostics.

 

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The increasing occurrence of life-threatening and chronic diseases and the demand for innovative chemotherapeutic treatments associated with the need for improving disease detection are the key factors propelling the global theranostics market. In addition, the rising potential of clinically adaptable nanomaterials in the biological imaging area and therapy is expected to bolster the market growth. Moreover, improved collaboration between drug and diagnostics firms are anticipated to enhance the growth of the theranostics market. In addition, a decrease in costs and reduced time required for medical trials monitored by pharmaceutical segments are another key drivers propelling the growth of the global theranostics market.

  

The global theranostics market is segmented on the basis of disease type, technology, and geography. On the basis of disease type, the global theranostics market is segmented into Neurological Disorders, Cardiovascular Diseases, Oncology Disorders, and Immunological Disorders. On the basis of disease type, the oncology segment is anticipated to boost the market growth. Increasing cancer cases and theranostics potentials to make effective cancer care are the factors associated with the market growth.

 

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On the basis of technology, the global theranostics market is segmented into Polymerase Chain Reaction (PCR), In-situ Hybridization, Immunohistochemistry, and sequencing. In 2017, the PCR is anticipated to dominate the market growth. The existence of a robust evaluate assortment in terms of polymerase chain reaction (PCR) is accountable for the larger market share.

 

Some major key players in global theranostics market include F Hoffman La Roche, Thermo Fisher Scientific Inc., GE Healthcare, Agilent Technologies, Qiagen NV, Foundation Medicine, Leica Biosystems Nussloch GmBH, and Pfizer, Inc. among others.

 

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Medical Footwear Market With Business Strategies And Analysis To 2028

 Medical Footwear | 2021 Scope Of Current And Future Industry 


The global medical footwear market size is expected to reach USD 12.87 billion by 2027 according to a new study by Polaris Market Research. The report “Medical Footwear Market Share, Size, Trends, Industry Analysis Report, By Type (Sandals, Shoes & Boots, Slippers, Insole and Others); By Distribution Channel (Online and Offline); By End Users (Men, Women and Kids); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Medical footwear aids in dealing with several foot-related issues such as bunions & hallux valgus, plantar fasciitis, and arthritis. Therefore, they are also referred as therapeutic footwear. Diabetes increases the blood sugar which increases the risk of foot-related ailments. As a result, the increasing number of diabetic patients across the globe is expected to drive market growth.

 

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According to the Centers for Disease Control and Prevention (CDC) 2020 report, approximately 3.2 million people are diabetic in the U.S alone. In addition, the report also states that 26.9 million (including 26.8 million adults) people are diagnosed while 7.3 million are undiagnosed. Furthermore, 88 million people who are 18 years or older are pre-diabetic. This has led to the increasing demand for medical footwear across the globe.

 

A wide variety of smart shoes are available in the medical footwear market for diabetic patients and athletes. For instance, CMST and Holst Center are working with the Belgian companies as their main objective is to make intelligent shoe sole that helpful for athletes and patients. The sole measure pressure distribution while walking or running due to the presence of 900 sensors. Therefore, the addition of technology is expected to drive the demand for medical footwear.

 

Furthermore, there are some popular shoes that are Medicare-approved shoe brands such as Orthofeet, Apex, Anodyn, Dr. Comfort, New Balance, and Surefit which in turn is expected to increase awareness for medical footwear. For instance, Orthofeet is the most popular brand biochemically engineered and designed for pain relief. These shoes are also useful for the patient who have multiple foot or pain-related issues.

 

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Most of the companies operating in the medical footwear market are involved in joint ventures and partnerships to develop new products. For instance, in October 2019, Stevens Institute of technology entered into a contract which was an exclusive licensing agreement with Bonbouton. This agreement is to provide the right to use smart insole as well as develop a graphene sensing system. This system will be helpful in the early detection of foot ulcers. Key players operating in the global medical footwear market are Darco International Inc., New Balance, Mephisto, Aetrex Worldwide, Inc., Dr. Comfort, Orthofeet, Duna, Dr. Zen, Inc., and Gravity Defyer Corporation.

 

Major players in the medical footwear market are focusing progressively on the online shopping experience through innovative marketing strategies. They are involved in target marketing and impactful education to generate online traffic. These strategies are helpful in influencing diabetics through online platforms. Therefore, innovative product designs and promotional & advertising activities of medical footwear is expected to offer favorable opportunities to drive market growth.

 

Find more research reports on Healthcare by PMR


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Special Effect Masterbatches Market Size, Recent Advancement & Scope Top Trends

 The global special effect masterbatches market size is expected to reach USD 4.69 billion by 2027 according to a new study by Polaris Market Research. The report “Global Special Effect Masterbatches Market Share, Size, Trends, Industry Analysis Report, By Effects Type (Appearance, Functional, Material), By Application (Hygiene & Baby Product, Automotive, Home Care & Household, Consumer Appliances, Packaging, Sports & Leisure, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Special effect masterbatches are used for medical applications are medical equipment, drug delivery systems, and single-use devices. They are also used for diagnostic imaging equipment such as MRI scanners, CT scanners, ECG machines, ultrasound machines, x-ray systems, patient monitoring systems, and diagnostic kits. Special effect masterbatches are also used in single-use devices such as surgical clips, wound clips, filter media, housing and functional parts for disposable items, and multiple-use devices such as components for sterilizer equipment, grips/handles for surgical instruments, minimally invasive surgical devices.

 

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Product development and process innovation are key aspects of the special effect masterbatches market. Constantly changing consumer needs and preferences are defining trends in the current market scenario. Pre-designed special masterbatches are of high demand in industrial applications such as automotive, packaging, consumer appliances, etc.

 

One of the technologies used for making special effect masterbatches is blow molding. Blow molding is a robust manufacturing technology, with the help of which, resonating plastic pieces are manufactured. The common blow molding types include injection blow, extrusion, and injection stretch blow molding. Furthermore, blow molding has several advantages, and it is used in the automotive industry. Also, due to the advancement in this technology, it can now compete with injection molding and thermoforming technologies. An important new area for this technology is in packaging products.

 

The gross domestic product (GDP) is one of the prime factors indicating the economic health of any country. Since the global economic crisis in 2008, the world GDP has witnessed significant growth in the past seven-eight years. The global GDP is estimated to grow at an average rate of 3% per year and is expected to double in the next two decades.

 

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The global special effect masterbatches market is predicted to remain buoyant throughout the forecast period. The companies continually reinventing growth drivers by producing creative content adapted to each tribe of application. Among the major applications, the packaging and consumer appliances segment have lucrative opportunities over the forecast period.

 

Some of the key participants in the special effect masterbatches industry include both tier-I and tier-II players. Clariant AG, Ampacet Corporation, Polyone Corporation, A. Schulman, Inc., Dongguan Greentech Plastics Co., Ltd, KK Polycolor Asia ltd, Cabot Corporation, Kandui Industries Pvt. Ltd, Teknor Apex, Hubron International, Sonali Polymers Pvt. Ltd, Gabriel-Chemie, Plastika Kritis S.A., Americhem Inc., Plastiblends India Ltd, Tosaf Group, and Penn Color, Inc. In March 2020, the Asia business expansion consultant, DKSH, entered into a distribution agreement with China-based Chengdu Silike Technology Co., Ltd, for its silicone masterbatches in Europe.

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Epoxy Adhesives Market Size, Recent Advancement & Scope Top Trends

 Epoxy is increasingly being used as a structural adhesive across diverse industries. Epoxy adhesives offer high shear strength while bonding efficiently to a wide range of substrates such as wood, glass, and metal. These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength. Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market. Toughened epoxy adhesives are being used in automotive, construction, and aerospace industry owing to need for greater strength and chemical resistance.


"The global Epoxy Adhesives market size is expected to reach USD 11,631 million by 2026 according to a new study by Polaris Market Research"

 

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The different types of epoxy adhesives include One-Component, and Two-Component. The demand for one-component epoxy adhesives is expected to increase significantly during the forecast period. One-component epoxy adhesives are cured at temperatures between 250-300°F, which offers superior adhesion properties, high strength, and greater environmental and chemical resistance. They are usually applied through trowel or extrusion by beads, and are capable of filling and sealing gaps between surfaces efficiently. Currently in the global Epoxy Adhesives industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications and develop advanced technologies.

 

Asia Pacific dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region. Increasing applications in construction, defense and aerospace, and marine industries further increases the demand of epoxy adhesives in Asia-Pacific. Increasing demand for miniaturized and high performing electronics coupled with increasing awareness regarding adoption of electric vehicles fuels growth in this region. 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.

 

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The market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG, AdCo UK Limited, Benson Polymers Ltd, 3M Co., Adhesive Technologies Corp., H.B. Fuller, American Chemical Inc., DELO Industrial Adhesives, Collano Adhesives AG, and Alfa International Corporation among others.

 

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