Nutraceutical Ingredients Market Overview:

According to the Food and Agricultural Organization of the United Nations (FAO), the number of undernourished people or the ones that are facing chronic food deprivation increased from 804 million in 2016 to 821 million in 2017.[1] Similarly, there is a multitude of people that aren’t undernourished in terms of food but stay deprived of proper nutrition and subsequently suffer from ramifications of malnutrition and dietary deficiencies. Nutraceutical ingredients, a type of food additives help to ameliorate the medical problems that arise due to nutrition deficiency. The current millennial lifestyle is leading to more issues regarding malnutrition, and so, dietary supplements including nutraceutical ingredients have gained prominence in the market. The health concerns pertaining to nutrition is leading to growth opportunities in the nutraceutical market that had a market size of $31.4 billion as of 2018. The demand for nutraceutical market for various purposes will observe a definite demand in the future that is projected to observe a healthy compound annual growth rate (CAGR) of 6.80% during the forecast period of 2019 to 2025.

Request Sample

There is an increasing awareness about health and wellness in APAC, and discernibly so when people more often than not browse health blogs and videos to acquire knowledge about the same. There is a lot of reasons because of which APAC is found to be a lucrative nutraceutical ingredients marketplace, and some of them are rising undernourished and aging population in the region. This is substantially backed by advertisements and awareness campaigns regarding nutritional issues and benefits of the nutraceutical ingredients that is spurring people to purchase the products. Furthermore, there is an increased demand for nutritional products from athletes, which is further adding to the growth prospects in the APAC nutraceutical market that had a global market share of 37% in 2018.            

Nutraceutical Ingredients Market Outlook:

Nutraceutical ingredients are dietary supplements that are used in therapy of some diseases as functional foods, and they are categorized as organic ingredients and exotic ingredients. These are consumed in the form of liquid and powder. Owing to their advantageous effect in the daily diet, they are most prevalently used as dietary supplements. The growth opportunities for the vendors in the nutraceutical ingredients market is increasing due to their application as dietary supplements.

This is majorly attributable to the fact that nutraceutical ingredients, when consumed regularly in diet, impart a gamut of physiological benefits in a human body. People have not become aware of these benefits, and so, their application as dietary supplements is growing, and it is estimated that it will further grow with a substantial CAGR of 6.80% through to 2025.

Nutraceutical Ingredients Market Growth Drivers:

· The Rise in Disposable Personal Income –

Economic growth worldwide is leading to a perceptible rise in disposable personal income (DPI). This can be better understood with the findings by the Organization for Economic Co-operation and Development (OECD) as they have documented that the counties across the globe are observing a percentage increment of 0.2% to as much as 7.4% in the household DPI,[2] which is proving to be a revenue avenue determinant for the vendors in the nutraceutical ingredients market. It is majorly because of the fact that the rise in DPI has enabled people to spend on dietary supplements that can suffice their all nutritional needs. Even though some economies are not observing an increase in DPI, the nutraceutical market has a sustainable customer-base in the developing economies.

Inquiry Before Buying

· The Increasing Geriatric Population –

According to the United Nations (UN), the global geriatric population was 962 million in 2017. Furthermore, the organization estimates the figure will surpass the 2 billion market and translate to 2.1 billion in 2050 and 3.1 billion in 2100.[3] Evidently, aging and problems pertaining to it will be rampant in the coming years, which will significantly support the nutraceutical market as these dietary supplements have anti-aging properties that help an aged person to overcome the side effects of aging.

· The Application of Nutraceutical Ingredients in Drugs –

Nutraceutical ingredients are have found a favorable marketplace in therapeutic areas. These find applications as an ingredient of drugs because they are found to help in curing severe medical conditions such as CHD, cancer, osteoporosis, diabetes, and hypertension. Nutraceutical ingredients are also helpful in alleviating cold & cough, sleeping disorders, and digestion issues. Furthermore, they have anti-arthritic characteristics which makes them useful in treating patients with arthritis. According to the International Diabetes Federation (IDF), the number of people suffering from diabetes was 425 million, and the organization also estimates that the figure will catapult to 629 million by 2045.[4] Similarly, the concern regarding other diseases is increasing, which is projected to drive the future of the nutraceutical ingredients market. 

Nutraceutical Ingredients Market Trends –

·    In July 2018, NZMP which is a renowned global ingredient brand had launched innovative ingredients that had abundant protein. This innovation was done to cater to the demand from North American customers. The organization also formulated a unique protein-fortified dessert.

·    In August 2017, Innophos completed the acquisition of Novel Ingredients and created a $50 billion food and nutrition platform. The acquisition was envisioned to position the organization in the nutraceutical market.

· In November 2017, Innophos again acquired the ingredient company NutraGenesis to further diversify its portfolio.          

Nutraceutical Ingredients Market Challenges –

The major challenge faced by the vendors in the nutraceutical market is that these food additives are expensive, and so, these are not affordable to everyone. Furthermore, the target customers have become health and nutrition conscious. While this seems to help the nutraceutical ingredients market, a substantial magnitude of customers are deviated to naturally occurring nutrient sources such as vegetable and fruits which dwarfs the market size. However, the growing concern regarding diseases and the augmented application of nutraceutical ingredients in drugs is chiefly spurring the sales in the market. Furthermore, some of the natural nutrients sources aren’t adequate to suffice the dietary deficiency, which is opening up opportunities for the vendors in the nutraceutical market.

Nutraceutical Ingredients Market Key Players Perspective –

The major players striving to capitalize on the demand for nutraceutical ingredients are Cargill, Incorporated, BASF SE, The Archer Daniels Midland Company, Associated British Foods plc, DowDuPont Inc., Arla Foods amba, Ingredion Incorporated, and Koninklijke DSM N.V.

Nutraceutical Ingredients Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the nutraceutical ingredients market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The nutraceutical ingredients market research report also analyses the application of these food additives on the basis of nutrients such as prebiotics, probiotics, and vitamin minerals.

Buy Now

Nutraceutical Ingredients Market Report: Industry Coverage

This report also documents the applications as functional F&B and dietary supplements in the form of liquid and powder.

The nutraceutical ingredients market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

“We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Polyisobutylene Market Overview
Polyisobutylene (PIB) is a bright clear liquid obtained from polymerization of isobutene under catalyst system. It is widely used as an additive in the lubricants and fuels. Superior properties including corrosion resistance, oxidation stability, high thickening efficiency, and low electrical conductivity. The farfetched development of the automobile industry globally will fuel the polyisobutylene (PIB) market significantly over the next few years. The Polyisobutylene market is estimated to grow at a CAGR of 4.92% during the forecast period 2019–2024. 
Polyisobutylene Market Outlook
This report categorizes the Polyisobutylene market into various segments. On the basis of molecular weight, the market has been segmented into low molecular, medium molecular, and high molecular weight. The market is also categorized based on the applications, which include CASE (Coating/Adhesives/Sealants/Elastomers), lubricant/lubricant additives, fuel additives, cosmetics, and personal care and others.
Request Sample Polyisobutylene Market Growth Drivers
Automobile industry has been the main market for fuel additives for many years. The share for automobile has always been significantly higher than that of any other fuel additives market segment owing to the increasing middle-class economy and lack of efficient fossil fuel alternatives. Relative importance of aviation for fuel additives has increased in recent years, eventually mounting the demand for polyisobutylene.With the increase in frozen foods market, the market for the flexible packaging is also estimated to see an upsurge as it is necessary to store and transport it under controlled temperature conditions. Growing consumption of packaged and canned food is driving the poluisobutylene market.

Polyisobutylene Market Challenges The key challenges for the polyisobutylene market are the presence of various alternatives such as styrene-butadiene rubber, nitrile rubber, and many more which may affect the polyisobutylene market and its price. Another challenge is the stringent environmental legislations: Production of PIB involves emission of harmful waste which is a cause of environmental concerns. The repeated incidents of Polyisobutylene spill pose danger to the ecology, which is raising global concerns.

Inquiry Before Buying
Polyisobutylene Market Research Scope
The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the types of polyisobutylene in the global polyisobutylene market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of polyisobutylene and its specific applications in the polyisobutylene market.
Polyisobutylene Market Report: Industry Coverage
Molecular weight: Low molecular weight, medium molecular weight, and high molecular weight.
Applications of Polyisobutylene: Coating/adhesive/sealants/elastomers, lubricant/lubricant additives, fuel additives, cosmetics, and personal care and others.
The Polyisobutylene market report also analyzes the regions and countries for the market. The regions and countries covered in the study include:

• North Americas (The U.S., Canada, and Mexico)
• South Americas (Brazil, Argentina, Colombia, and Rest of South Americas)
• Europe (The U.K., Germany, Italy, France, Spain, Russia, Rest of Europe)
• APAC (China, Japan, South Korea, India, Rest of APAC)
• Rest of World (The Middle East and Africa)

Polyisobutylene Market Key Players Perspective
BASF SE and Lubrizol are the two major providers of Polyisobutylene. Ineos, TPC Group Inc. and Infineum are the other major companies in the polyisobutylene market. 
BASF, through its broad range of products, constant product launches, and innovation, has been successful in catering to a variety of customers. Monitoring its future business involvements, IndustryARC analysts expect BASF to maintain its position in the market. 
Buy Now
Polyisobutylene Market TrendsInnovations are the ongoing trend in fuel additives business, driven by legislation that changes the fuel specifications to meet the demand to use high-quality fuel. For example, the reduction of sulfur in the middle distillate fuels has led to the development of lubricity additive to protect the diesel injector pumps using PIB-based formulations.
The farfetched development of the automobile industry globally will fuel the polyisobutylene (PIB) market significantly over the next few years. Automobile manufacturers are increasingly investing in research & development activities along with technological innovations, which will further augment the PIB market. 

• “We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”    

 Turbocharger Market Overview:

According to the World Economic Forum, globally, there will be an increase of twice the number of cars on road by 2040 which will equal two million figures. This data shows the inflating demand for cars in the global scenario, which will significantly increase the need for new sustainable vehicular devices such as turbochargers. Earlier these highly efficient turbochargers were used in motorsport vehicles manufacturing, however, it has gradually paved its way into the production of the commercial vehicle. With associated features such as high-charged internal combustion (IC) engines and economical yet cleaner outputs, turbochargers have gained a prominent place in the modern automotive sector. The global turbocharger market leveraged a revenue income of $16 billion in the year 2018. Racing cars incorporated with high-performing turbochargers generate greater horsepower without increasing the overall weight of the vehicle and boosts the gas mileage which is why these devices have been installed in popular motor racing vehicles such as Audi R10 TDI, Cadillac ATS-V.R, and others. Additionally, the marine and aircraft manufacturing industries also contribute considerably to the global economic output of the turbochargers market. Significantly, the turbochargers market is estimated to leverage huge ROI in the forecasted years at 5% CAGR.

Request Sample

Europe is eyeing on clean energy transition and endorses the application of sustainable industrial machinery to reduce the growing environmental concerns. A major contributor to the global turbocharger market with a regional share of 41.2% as of 2018, Europe is also a leading supporter of the green car technologies with several key automobiles manufacturers set up in this region which includes Audi, Mercedes-Benz, Ferrari, and others.

Globally, the automotive sector is projected to induce huge demand for the turbocharger, which is anticipated to witness a CAGR of 5.3% during the forecast period of 2019-2025. This hike in demand will continue to grow considerably with respect to the huge investment in green car machinery, inclination towards economical automobile engines, and large preference for greater torque.

Turbocharger Market Growth Drivers:

· Shifting consumer trend towards green vehicle will leverage huge demand for the turbocharged engines in the global market which also creates scope for newer innovations. Owing to this the global turbocharger market will experience an upsurge in the overall demand-supply chain thereby boosting the market growth.

· Increasing demand for hybrid, variable geometry, and twin turbochargers and colossal investment by the automotive sector to incorporate fuel-efficient, low noise, and cleaner emission-quality in vehicles are analyzed to largely influence the turbochargers market in the future years.

Turbocharger Market Companies:

The leading market players assessed in this report includes Delphi Technologies Plc, Continental AG, Eaton Corp., ABB Ltd., Honeywell, Inc., IHI, Bosch Mahle Turbo Systems Technology, Mitsubishi, Cummins Inc, and others.

Inquiry Before Buying

Cummins Inc. is a global leader in manufacturing several engines and power generation and other machinery to several industrial sectors have recently delivered complimentary offerings in the global turbochargers market. Some of its latest innovations include the introduction of energy-efficient commercial wastegated turbochargers and Holset Fixed Geometry turbocharger with cleaner air emission features. They have also developed a lead-free corrosion inhibitor system for application in turbochargers along with the evaluation of Selective Laser Melting technology (SLM) for improving turbocharger efficiency. These major advancements will generate huge demand for the turbochargers market and eventually increase the overall revenue generation.

Turbocharger Market Trends and Innovations:

·         New Turbo Engines Launch By Key Companies:

With advancement driving the global market, automotive companies are introducing new innovative products to lure more customer demand, also complying with ecological sustainability through less fuel exhausting and highly efficient turbo engines. Audi is all set to launch a new turbo engine for the DTM racing cars series 2019. This highly-efficient racing engine will offer more than 610 horsepower which will work smoothly and can run on alternative e-fuels maintaining sustainability. Furthermore, BMW has introduced its revolutionary turbo 4-cylinder engine which is claimed to consume extensively low fuel with even lesser emissions.

Turbocharger Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Turbocharger market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Turbocharger in the Turbocharger market and their specific applications in different areas.

Turbocharger Market: Industry Coverage:

The global turbocharger market is basically segmented into fuel type, technology, end-user, industry vertical, and application type. On the basis of fuel type bifurcation includes diesel and gasoline. Technology categorization includes twin-turbo technology, wastegate technology, and variable geometry technology. By end-user, the turbocharger market can be divided into OEM and aftermarket. Based on industry vertical, the classification includes aerospace defense, automotive, marine, agriculture construction, and others. Sub segments under application type include light commercial vehicles, heavy commercial vehicles, ship aircraft, heavy-duty vehicles, and locomotive.

Buy Now

The Turbocharger market also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:    

•  North America: The U.S., Canada, Mexico

• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

• Middle East and Africa: Israel, South Africa, Saudi Arabia

“We also publish more than 100 reports every month in “Automotive”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

APAC Packaging Printing Market Overview
Packaging printing or labelling is a written, electronic, or graphic communication on the package of products or goods. Packaging and printing play an important role in the presentation of products today. Various types of inks and the latest innovative technologies are used in packaging printing. The APAC Packaging Printing market has been segmented based on technology, application, and country. Based on technology, the market has been sub-segmented into digital packaging printing, three dimensional packaging printing, and others. Based on application, the market has been segmented into health care, food and beverages, industrial goods, and others. The APAC Packaging Printing market is estimated to grow at a CAGR of 6.8% with a valuation of $203.54 bn during the forecast period 2019–2024.   
Request Sample
APAC Packaging Printing Market Outlook
The packaging printing market is widespread in the Asia-Pacific region with respect to multiple printing technologies and applications in a wide spectrum of industries. The presence of various industries related to food and beverages, consumer electronics, and many others in countries such as China, India, Japan, and South Korea has resulted in significant demand for packaging solutions in the region. On the basis of technology, digital printing is projected to record the highest CAGR of 12.1% during the forecast period. The food & beverages segment held the largest share in terms of application in 2018 and is expected to continue its dominance throughout the forecast period, that is, from 2019 to 2024. China dominated the APAC packaging printing market with a share of 52.6% in 2018.
APAC Packaging Printing Market Growth Drivers 
The APAC Packaging Printing Market is largely driven by the increasing consumer spending and rising demand for sustainable products. Increase in consumption of processed food is driving the growth of the market. Emerging Technologies for packaging printing can also be seen as a driving factor for the growth of the market. The growing pharmaceutical industry and the increasing demand for convenient packaging are also major growth factors for this market.
Inquiry Before Buying
APAC Packaging Printing Market Challenges 
Increase in price of raw materials and the non-availability of raw materials are major problems faced by this industry. Fast changing technology in packaging printing is a constraint for this market. Entry of printing industries into the packaging industry can be considered as a setback for this market. Pricing pressure from other brands can also be a restraining factor for this market.  

 APAC Packaging Printing Market Research Scope:-
The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the APAC packaging printing market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of technology used for packaging printing and the various applications of packaging printing in different industries.
Buy Now
APAC Packaging Printing Market Report: Industry Coverage 
By Technology: Digital, Flexography, Offset, Rotogravure, Three-Dimensional, Lithography, Screen Printing.
By Application: Health Care, Food and Beverages, Cosmetics and Toiletries, Consumer, Industrial Goods and Others.
The APAC Packaging Printing Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include Thailand, Singapore, Malaysia, China, Australia, Japan, South Korea, India, Taiwan, and Rest of APAC
“We also publish more than 100 reports every month in “Consumer Products and Services”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Quality Control Market Overview:

According to the National Sanitation Foundation (NSF) International, approximately global food industry suffers the burden of $49 billion owing to food fraud which is a serious issue all over the world. Encountering major problems related to quality analysis of the industrial food hinders brand image and loss of reliable customers consequently slowing the pace of economic build up. Quality control facilitates standard measures for product inspection, which thereby lowers the production cost, builds a healthy owner-consumer relationship, ensures safe brand identity, and increases sales and overall product price. Not only this process gauges quality management and problem identification for food and beverage industry, it also identifies any unsatisfactory product feature both in the government and private industrial firms, organizations, medical facilities, project management, and many others. It is essential for every manufacturing company to maintain customers’ trust and uniform commodity quality for established business and long-term survival in the current competitive landscape gradually increasing the global quality control market demand which is evaluated to grow at a CAGR of 6.18% through to 2025. This continuously amplifies the global quality control market size owing to which it leveraged a huge profit of $36.89 billion as of 2018.

Request Sample

Annually food and beverage industry contributes around $31.1 billion to the UK economy along with a total of $23 billion exported food and drink services. This exponential data reflects the expanding opportunity for quality control system in this region extracting huge revenue income through it. Europe contributed a regional share of 31.18% to the global quality control market in the year 2018 attributing to the rising supply-demand chain. Automotive and public infrastructure are the two most macroeconomic industries which constantly require effective quality analysis and management procedures to persist in the ever-changing business market. Resultantly, this key segment will exert huge demand for quality control services which is projected to increase at a noticeable CAGR of 7.47% during the forecast period 2019-2025.

Quality Control Market Growth Drivers:

· Growing industrialization and colossal investment on quality analysis of consumer products due to stringent government rules will significantly propel the global quality control market growth.

· Increasing instances of food adulteration, adverse drug reaction, and counterfeit products will enable frequent quality checks thereby ballooning the quality control market demand and revenue income.

Quality Control Market Key Players:

The key leaders in the quality control market includes Formel D (Deutsche Beteiligungs AG), SGS Group, Trigo, Eurofins, TUV SUD, DNV GL Group, TUV Nord Group, Dekera SE, Exact Systems, Bureau Veritas SA, and many others.

SGS Group is one of the leading companies which provides expert inspection, verification, testing services to its customers for boosting the efficiency of any business activities.

Quality Control Market Trends:

· The invasion of cloud computing technologies has etched a mark in the quality control and management market with multiple boons such as cost-effectiveness, chat bots facilities which facilitates detailed customer feedbacks, and connected mobile device support. This helps the business owners to effectively produce quality products as well as reaches the peak of customer expectations.

· In collaboration with the hybrid and agile methodologies of project management in an industrial firm, quality control process is implemented with ease due to proper plans, guidance, and project tracking methods.

Inquiry Before Buying

Quality Control Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Quality Control market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Quality Control in Quality Control market, and their specific applications in different areas.

Quality Control Market: Industry Coverage:

Global quality control market is classified into different segments such as type, procedure, services offered, and industry vertical. On the basis of type the segmentation includes in-house and outsourced. Based on procedure categorization includes inspection and audit. By services offered the quality control market can be bifurcated into preventive QC, corrective QC, laboratory, and others. Sub segments under industry vertical includes automotive, consumer goods and retail, aerospace, and many others.

Buy Now

The Quality Control market also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:     

• North America: The U.S., Canada, Mexico

• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

• Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

• Middle East and Africa: Israel, South Africa, Saudi Arabia“We also publish more than 100 reports every month in “Automation and Instrumentation”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Overview

Carbon fiber reinforced plastic in automotive armor sleeves market is forecast to reach $905 million by 2025, after growing at a CAGR of 9.50% during 2020-2025, owing to the increasing adoption of carbon fiber reinforced plastics over conventional metallic alloys in automotive industries. This is mainly due to the tensile strength carried by CFRP, which falls between 1500 and 3500 MPa, whereas its metallic counterparts such as aluminum and steel only possess a tensile strength of 450–600 MPa and 750–1500 MPa, respectively. The growing demand for CFRP from the automotive industry due to the rising preference for fuel-efficient and light-weight vehicles in the market is the major factor driving the carbon fiber reinforced plastic in automotive armor sleeves market during the forecast period.

Request Sample

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Report Coverage

The report: “Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the carbon fiber reinforced plastic in automotive armor sleeves Industry. 

By Type: Thermoplastic (Polyether Ether Ketone (PEEK), Polypropylene, Nylon, Acrylic Resins, Polyamide Resins, and Others), and Thermosetting (Epoxy Resin, Polyester Resin, Vinyl Ester Resin, Phenolic, Polyimide Resins, and Others)

By Vehicle Type: Passenger Vehicles and Commercial Vehicles

By Geography: North America, South America, Europe, Asia Pacific, and RoW

Key Takeaways

• Europe dominates the carbon fiber reinforced plastic in automotive armor sleeves market, owing to the increasing demand and production of lightweight vehicles in the region. According to OICA, in 2018 the production of light commercial vehicles has increased by 2.5 % in Europe.
• The carbon fiber reinforced plastics are being widely used in the automotive industry to manufacture armor sleeves due to its extensive properties such as low maintenance cost, corrosion resistance, good conductivity, flame resistance, high strength, and vibration damping.
• Nearly one-third of U.S. carbon pollution comes from the transportation system. By reducing the car’s weight, oil consumption can be reduced and climate change can be combated. According to Energy Efficiency & Renewable Energy, a 10 percent reduction in vehicle weight can lead to an 8 percent improvement in fuel economy, which is anticipated to propel the carbon fiber reinforced plastic in automotive armor sleeves market.
• Due to the COVID-19 Pandemic, most of the countries have gone under lockdown, due to which operations of various industries such as automotive, defense, and aerospace has been negatively affected, which is hampering the carbon fiber reinforced plastic in automotive armor sleeves market growth.

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Segment Analysis – By Type

The thermosetting segment held the largest share in the carbon fiber reinforced plastic in automotive armor sleeves market in 2019, owing to the superior characteristics of thermosetting CFRP over thermoplastic CFRP. Unlike thermoplastics, they retain their strength and shape even when heated. This makes thermosetting plastics well-suited to the production of permanent components and large, solid shapes. Furthermore, these components have outstanding high strength-to-weight ratio performance, enhanced dielectric strength, and low thermal conductivity. Thus, thermoset CFRP finds their use in varied applications owing to its heat resistant characteristics, excellent dimensional and chemical stability properties when exposed to high heat, and more. 

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Segment Analysis – By Vehicle Type

The passenger vehicle type held the largest share in the carbon fiber reinforced plastic in automotive armor sleeves market in 2019 and is growing at a CAGR of 9.60%, owing to the increasing demand for carbon-reinforced plastics to manufacture passenger automotive armor sleeves. Many automotive manufacturers are offering vehicle armor kits for protection from handguns. These kits are mostly designed for passenger vehicles and SUVs. The CFRP based reinforcement sleeves have secure rotating assemblies in surface-mounted permanent magnet motors and they are electrically excited synchronous motors, which minimizes the eddy current losses. With the high tensile-strength of carbon fiber-reinforced wound components, the manufacturers able to achieve minimal wall thicknesses of more than 10 mm. Cooling jackets and separation tubes present further applications of the CFRP based armor sleeves. Thus, the need for carbon fiber reinforced plastic is increasing due to its ability to reduce the weight of an object to a large extent while providing superior strength, which is anticipated to propel the carbon fiber reinforced plastic in the automotive armor sleeves market during the forecast period.

Inquiry Before Buying

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Segment Analysis – By Geography

Europe region held the largest share in the carbon fiber reinforced plastic in automotive armor sleeves market in 2019 up to 49%, owing to the expanding automotive sector in the region. The carbon fiber reinforced plastics are particularly attractive to automotive applications because of their exceptional strength, better stiffness-to-density ratios, and superior physical properties. Also, CFRP provides relatively stronger and stiffer fibers in a tough resin matrix. According to OICA, the production of light commercial vehicles has increased from 2,249,348 in 2018 to 2,254,153 in 2019, an increase of 0.2% in Europe. And the automotive production of passenger cars in Austria, Finland, Portugal, and Hungary has increased up to 158400, 114785, 282142, and 498158, i.e., 9.6%, 2.5%, 20.5%, and 7.6% higher than the previous year due to rising per capita income of the individuals, which further led to the massive demand for carbon fiber reinforced plastic in automotive armor sleeves manufacturing in the European region. Thus, the increasing automotive industry in Europe is likely to influence the growth of the carbon fiber reinforced plastic in automotive armor sleeves market in Europe.

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Drivers

Increasing Automotive Production 

Carbon fiber reinforced plastics are being extensively used in the automotive industries for manufacturing car components such as the roof bows, armor sleeves, and more, which is expected to increase the demand for CFRP during the forecast period. According to the International Trade Administration (ITA), China is the world’s largest vehicle market and the Chinese government is expecting that automobile production will reach 30 million units by 2020 and 35 million by 2025. Also, according to OICA, the production of light commercial vehicles has increased by 10.2 % in 2018 in the APAC region. And the production of passenger cars has increased by 1.3% in 2019 in Africa. Due to the increasing automotive production, the demand for carbon fiber reinforced plastic will also increase, which acts as a driver for the carbon fiber reinforced plastic in automotive armor sleeves market during the forecast period.

Stringent Government Regulation on Emission

Carbon fiber reinforced plastics are being extensively used in the automotive industries to reduce fuel consumption as well as emissions and to manufacture lightweight vehicles. Several governments across the world have imposed stringent standard emission and fuel economy regulations for vehicles. These standard regulations have compelled automotive OEMs to increase the use of lightweight materials such as carbon fiber reinforced plastics to assist in increasing the fuel economy of a vehicle while ensuring safety and performance. The emission regulation for light-duty cars such as Corporate Average Fuel Economy (CAFÉ) and Greenhouse Gas Emission standards set fuel consumption standards for the vehicles. These regulations by the governments have made sure that the car manufacture henceforth might need to be manufacturing much lighter vehicles to obey as per these norms, which acts as a driver for the carbon fiber reinforced plastic in automotive armor sleeves market during the forecast period. 

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Challenges

High Cost of Carbon Fiber Reinforced Plastics

The cost of the carbon fiber reinforced plastics is higher when compared with other traditional materials such as steel and aluminum. Composites of carbon fiber cost almost 1.5 to five times more than steel. The high cost of fiber production inhibits large volume deployment. Therefore, precursor and processing costs need to be reduced. The high price of carbon fibers in many applications constrains the potential use of composites. Hence, the high cost of carbon fiber reinforced plastics may hinder with the carbon fiber reinforced plastics in automotive armor sleeves market growth during the forecast period. However, cost-effective production methods coupled with high volume processing, assembly techniques, and automation processes will lead to a reduction of price in the near future. 

Covid-19 Impact on The CFRP in Automotive Armor Sleeves Market

The automotive industry makes a significant contribution to the global economy. The industry’s annual turnover is equivalent to the world’s sixth-largest economy. In 2017, global direct employment in the industry was estimated at nearly 14 million workers. The automotive industry is facing a sharp drop in demand and investment. It is also struggling with an abrupt and widespread stoppage of economic activity, as workers are told to stay at home, supply chains grind to a halt and factories close. Restrictions on the movement of people and the sudden stoppage of economic activity are expected to cause a severe contraction in sectoral output and Gross Domestic Product (GDP). According to International Labor Organization (ILO), it is estimated that factory closures in Europe and North America have caused some 2.5 million passenger vehicles to be removed from production schedules, at a cost of US$77.7 billion in lost revenue for automotive and parts manufacturing companies. This is having negative multiplier effects on the economy through backward and forward linkages, particularly in countries such as Canada, China, Germany, India, Japan, the Republic of Korea, Mexico, Morocco, South Africa, and the United States, where the automotive industry is a major driver of economic growth.

Carbon Fiber Reinforced Plastic in Automotive Armor Sleeves Market Landscape 

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the carbon fiber reinforced plastic in automotive armor sleeves market. In 2019, the market of carbon fiber reinforced plastic in automotive armor sleeves has been consolidated by the top five players accounting for 40% of the share. Major players in the carbon fiber reinforced plastic in automotive armor sleeves market are SGL Carbon SE, Teijin Ltd., Toray Industries Inc., Cytec Industries Inc., Mitsubishi Rayon Co. Ltd., Farmosa Plastics Corporation, Nippon Carbon Co. Ltd., DowAksa Advanced Composites Holdings BV, Hexcel Corporation, and Hyosung Advanced Materials.

Buy Now

Acquisitions/Technology Launches

• In May 2016, Dowaska, Under secretariat of Defense Industries (SSM) and Turkish Aerospace Industries (TAI) have jointly opened The DowAksa Global Composites Center with an objective to advance Turkey’s carbon fiber and other reinforcement composites manufacturing mainly for aerospace applications in both defense and commercial aviation and the infrastructure, marine, wind energy, and transportation sector.
• In September 2019, Teijin Limited acquired Benet Automotive, a leading automotive composite and component supplier in the Czech Republic. The acquisition benefits Teijin’s 
• composite technologies business.
• “We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”    

 Elastomers Market size is forecast to reach $ 78,699.56 million by 2025, after growing at a CAGR of 5.33% during 2020-2025. Elastomers, due to their extensive properties, such as high thermal stability, greater chemical resistance, high tensile strength, low shrinkage, and greater design flexibility, are used in a wide range of applications, in various industries including automotive, medical, consumer goods, industrial, and others. Rising demand from key application areas, combined with advances in processing technologies, is expected to fuel market growth during the forecast period. Elastomers are witnessing high demand from the automotive industry on account of rising need for high-performance and lightweight materials in vehicle production. Furthermore, the usage of recycled elastomers is likely to provide various opportunity for the elastomer market in the coming years. 

Request SampleReport CoverageThe report: “Elastomers Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Elastomers Industry. 
By Elastomer Type: Thermoset Elastomers (Natural Rubber (NR) and Synthetic Rubber (SR)), Thermoplastic Elastomers (TPEs) (Styrenic Block Copolymers (SBC), Vulcanized Thermoplastic Elastomer (TPV), Copolyester Thermoplastic Elastomers (COPEs), Thermoplastic Polyamides (COPA-Copolyamides), Thermoplastic Olefins (TPE-O), Thermoplastic Polyurethane Elastomers  (TPU), Thermoplastic PVC Elastomers and others).By End User: Automotive, Medical, Industrial, Construction, Consumer Electronics, Consumer Goods and others.By Automotive Vehicle Type: Passenger Vehicle and Commercial Vehicle.By Geography: North America, South America, Europe, APAC, and RoW.
Key Takeaways

• Asia-Pacific dominates the global elastomers market, owing to increasing automotive production in the region. According to OICA, the production of light commercial vehicles has increased by 10.2 % in 2018 in the APAC region. 
• Elastomers demand in consumer goods market is increasing continuously owning to its excellent physical properties, such as high flexibility, low weight, good printability, enormously robust, excellent temperature resistance, high surface quality, high impact strength, and so on. Therefore, elastomers are used in wide range of applications in consumer goods, which includes closures, toys, kitchenware, food containers, handles, cosmetic packaging, lids, furniture, sporting goods, and household goods.  
• However, operations in various industries such as automotive, electronics and others is being significantly affected due to the COVID-19 epidemic, as most of countries have issued “stay at home guidance” i.e., lockdown. And it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021. Therefore, this factor is expected to limit Elastomers market growth for the next two years. 

Raw Material – Segment AnalysisThe thermoset elastomer segment held the largest share in the elastomers market in 2019. Thermoset Elastomer offers high thermal stability, well-defined microphase-separated morphology, superior and tunable mechanical strength, and controlled hydrolytic degradability were systematically investigated, when compared to those of the triblock prepolymers. The hard domain crosslinked thermoset elastomers with tunable mechanical strength and degradation capability can be practical candidates for sustainable elastomers to satisfy distinct and high-performance applications. They are cost-effective materials and offer excellent aesthetic appearance and aid in improving the mechanical properties of materials by enhancing the structural integrity as well as heat and chemical resistance. 
End User – Segment AnalysisThe automotive segment held the largest share in the elastomer market in 2019 and is growing at a CAGR of 4.64% in terms of revenue from 2020 to 2025. The market for elastomers in the automotive industry is mainly driven by its excellent physical properties, such as durability, impact resistance, low weight, elasticity, softness, strength, superior optics, enhanced thermal resistance, thermal stability, adhesive properties and improved vehicle safety. Therefore, elastomer is used in wide range of applications in the automotive industry including door handles, automotive gaskets, rocker panels, dashboards, seating fabrics, vibration damping pads, rear windows, bumpers, gear knobs, interiors, wipers, body seals, exterior filler panels and tyre. Being a lightweight material, the elastomer decreases the weight of the vehicle, which in turn adds to the fuel efficiency of the vehicle. As a result, the demand for elastomers in the automotive industry to replace traditional metals is increasing.
Automotive Vehicle Type – Segment AnalysisPassenger vehicle segment held the largest share in the elastomer market in 2019. The global demand for passenger vehicles is seeing tremendous growth in the crossover category, as they provide a better value for money compared to sedans and SUVs. In 2018, around 70 million cars were sold in the top 54 world markets according to OICA. SUVs were popular worldwide and electric car sales grew by 75% according to JATO Dynamics Ltd. Moreover, the growth of passenger cars were supported by high sales and strong demand in India, Brazil, Russia and South East Asia offset stalling sales in Europe, China and the US.
Inquiry Before Buying
Geography – Segment AnalysisAsia Pacific held the largest share in the Elastomers market in 2019, up to 61%, owning to rising automotive production in countries such as India, Malaysia and others, as more than half of elastomer is used in manufacturing tires. Government investment, liberalization policies coupled with private players focusing on technology enhancement are expected to fuel the demand. Furthermore, rising replacement of ethylene propylene diene monomer by TPE in construction equipment is likely to fuel the product market. Major automotive OEMs are shifting their production bases to these markets due to low operational costs and escalating demand for passenger cars. This factor is expected to drive the product demand over the coming years.
Drivers – Elastomers Market

• Rapidly expanding market of footwear in the emerging countries is anticipated to propel the demand for elastomers

Elastomers are extensively used by the footwear industry in order to produce soles which can be molded as units or directly on the shoe. Polyurethanes are used in footwear to provide high abrasion-resistance which are suitable for hardwearing shoe soles, with excellent long-term mechanical properties. Elastomers find there use in a broad spectrum of footwear types from sports and trekking boots to business and fashion shoe soles, without hampering the design potential. Many major manufacturing companies are producing elastomers for the usage in footwear. For instance, BASF has been developing, producing, and selling custom-tailored polyurethane systems and thermoplastic polyurethane elastomers (TPU) for making all types of soles. Footwear, including ski boots and soccer shoes, often contain a substantial fraction of TPE. Athletic shoe soles are an especially large application for TPEs. Athletic equipment, such as skis and golf ball covers, is another area where TPEs are used. According to World Footwear Yearbook, global footwear production and exports grew by 2.7% and 4.3% respectively in 2018, compared to the previous year. Footwear production worldwide reached 24.2 billion pairs in 2018, having grown by 2.7% over the previous year. In terms of its geographical distribution, production continues to be heavily concentrated in Asia, where almost 9 out of each 10 pairs of shoes are manufactured. Global footwear exports increased for the second consecutive year in 2018, setting a new all-time maximum of 142 billion dollars. Hence growing footwear industry is expected to drive the elastomers market as elastomers are widely used in the shoe soles.  

• Increasing usage of elastomers and continuous developments with regards to polyurethane production in developing regions is expected to drive the elastomers market.   

Continued inputs by the government in terms of investments in polyurethane production and support by way of encouraging regulations is likely to contribute towards growth of the market. APAC is the established markets for elastomers, both in terms of production as well as consumption owing to the rapid industrialization in countries like China and India.  Europe and America are emerging markets for elastomers. In the European region, Germany and France are the largest markets for elastomers. Germany is the largest manufacturing hub for machinery manufacturing; this is one of the reasons for high consumption of Elastomers in the country. In August 2018, Trelleborg Sealing Solutions launched a new custom elastomer, designed especially for HTHP wellhead tubing and hanger sealing applications. In April 2016, Lanxess entered into a joint venture with Saudi Aramco (Saudi Arabia) to form Arlanxeo for production of elastomer and synthetic rubber to increase its product portfolio. As a result of this joint venture, Lanxess Ag is a foremost supplier of synthetic rubber. The industry participants are undergoing extensive research & development activities to develop newer blends and effective processing methodologies to gain competitive strength. This is expected to drive the elastomers market 
Challenges – Elastomers Market 

• The volatility in crude oil prices, causing fluctuations in prices of synthetic rubber

Prices of crude oil and synthetic rubber have moved in tandem as synthetic rubber is produced from crude oil. However, it has severely affected the prices of natural rubber, being the substitute product of synthetic rubber. The price of synthetic rubber naturally firms up when the crude oil price rises. The impact of COVID-19 and the oil prices war are proving to be a two-pronged crisis for oil, gas, and chemicals companies. Oil prices are dropping due to failed agreements on production cuts and the need for chemicals and refined products is slowing from industrial slow-downs and travel restrictions in the wake of this global pandemic. Hence, fluctuations in crude oil is a major challenge pertaining to the growth of elastomers industry owing to the fact that petrochemicals (derivative of crude oil) act as a key raw material for synthetic rubber.  Therefore, crude oil price movements do have a significant impact on synthetic rubber prices and also affect its consumption pattern.  

• Disposal of elastomers propels environmental concerns, due to the emission of hazardous waste

Disposal of elastomers proves to be one of the major concerns for the environmental agencies, as the disposal emits a lot of hazardous compounds into the environment. Recycling options for elastomers are limited and are possible only in the case of uncured elastomers, while most of them are cured. Disposal of these materials can be done either through incineration or through landfills, either of which would create environmental hazard. Burning of elastomers results in emissions of carbon monoxide and hydrogen cyanide, both of which are harmful for the environment.
Buy Now
Market LandscapeTechnology launches, acquisitions and R&D activities are key strategies adopted by players in the Elastomers Market. In 2019, the top five players in the elastomers market accounted for 11% of the total share. Major players in the Elastomers market are BASF SE, JSR Corporation, Zeon Corporation, Celanese Corporation, PJSC Nizhnekamskneftekhim, E.I. DuPont De Nemours and Company, Wanhua Chemical Group Co., Ltd, Lanxess AG, among others.  
Acquisitions/Technology Launches

• In September 2019, JSR Corporation launched a new styrene-butadiene copolymer rubber (SBR) for car tires with new SBR features significantly improved mechanical strength, wear resistance and durability to improve fuel efficiency for CO2 emission reduction.
• In August 2018, Zeon Corporation in joint research with RIKEN and Yokohama Rubber Co., Ltd., developed a new technology for the effective and stable production of isoprene monomers (isoprene) from biomass (biotic resources) which is used mainly in automotive tires.
• In October 2018, Dow Company introduced new elastomer product range SILASTIC™ which showcases full range reliability, security and esthetics of silicone elastomers for automotive, industrial, energy and mobility applications on display at the Fakuma International Plastics Manufacturing Trade Fair

“We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Global Powder Coatings Market: Demand Analysis
As per the World Health Organization, lead paint is a major contributor for lung cancer related deaths in the world. In a 2013 report printed in United Press International, World Health Organization estimated a staggering 600,000 disabilities each year due to lead present in paints. Inadvertently, the need for a more cost-effective, yet environmentally safe method for metal finishing had become the need of the hour. The world has now progressed in this field to using more environment-friendly industrial finishing techniques, with primary one being powder coatings process. The powder coatings market bloomed first in North America in early 1960s, and the products have now transformed into a convenient replacement for traditional industrial finishing methods. 
Request Sample
Very similar to a conventional painting technique, the powder coating method involves usage of a dry powder which is composed of resins and pigments. The powder instantly sticks to a metal component due to the electrostatic charge present in it. According to the North American organization called Powder Coating Institute, 15% of the industrial finishing market uses powder in some form or another. Most companies are now opting for this method instead of any other kind of industrial finishing method on account of its durability, and high quality. Powders used in the process are also available in inexhaustible numbers based on color, and textures. 
A recent IndustryArc report suggests noticeable growth in the powder coatings market size. In the year 2018, the report estimates the global powder coatings market to be worth $10,600 million, and projects the value to increment at a notable CAGR of 6.1% during the forecast period of 2019 to 2025. The analyst of the report highlights that the Asia Pacific region is taking the charge in expanding the market size, and generating more market revenue. 

Global Scenario Favors Powder Coatings Market Growth

• An ever-increasing health risk associated with being exposed to paints, especially those which contain lead in them, led World Health Organization partner up with United Nations Environment Programme in order to form a cooperative initiative called Global Alliance to Eliminate Lead Paint. The Alliance has vowed to eliminate complete usage of lead paint in 70 countries by the year 2050, and has been encouraging industries to use powder coatings process actively in their general metal finishing activities.  This factor is expected to be a strong driver of the global powder coatings market growth.
• Workers working in the painting industries are at an increased risk for cancer, and other diseases that can prove fatal. Operations that involve manual handling like implementing spray paints make painters, and other construction workers prone to inhaling paints, or coming in direct contact via skin. Constant analysis has shown that paints have the power to be present in blood, and urine once they enter inside the human body. Powder coating process on the other hand is extremely environment-friendly as it does not release any Volatile Organic Compounds (VOC) into the atmosphere. The powders used are also free from any hazardous air pollutants. This very fact has helped in accentuating powder coatings market growth. The carbon footprint offered by powder coatings method is almost negligible as compared to paints that contain toxic solvents.
• The number of ways in which powder coating can one day completely replace painting are umpteen. The durability of wet painting, and plating is quite weak when compared to a dense, long-lasting texture offered by powder coating process. This makes powder coating a winner in everyone’s eyes, and is largely preferred by nearly all metal industries now. This process requires little or no heating as compared to plating which requires heavy usage of an oven. There is no drying time involved in powder coating process either, which again saves on time, manpower, and costs. The Powder Coating Institute also explains how powder coating process requires minimal training, with hardly any product rejects. Governments also do not interfere much in the powder coatings market revenue by imposing any bans or restrictions.

Inquiry Before Buying
Powder Coatings Market: Global Competitors 
Some of the major competitors in the powder coatings market are AkzoNobel NV, PPG Industries Inc., Jotun Powder Coating, Axalta coating systems LLC, Evonik Industries, Asian Paints Limited, The Sherwin -Williams Company, and Kansai Paints Company Ltd. Most of these companies are innovating in the field of industrial finishing that involves paints, plating, and powder coating. Asian Paints Limited, for example, is a significant player in the Indian industrial finishing market. They have come up with two powder coatings brands titled ‘Apcoshield’ and ‘Hawcoplast’ for the Indian market which are set to influence the environment in a positive manner. PPG Industries Inc. on the other hand is a key player in the global field of industrial finishing. Every year they come up with a Sustainability Report that lists out how their products are impacting the environment, cultivating growth of business, satisfying clients, and engaging communities. This helps in proper market analysis, and improves market outlook.
Powder Coatings Market: Disruptive Trends
Since powder coating method is largely preferred by nearly all the industries, the market is buzzing with disruptive trends, and innovations. One of the most prominent trends is the use of powder coating method in finishing plastic materials. It is a bit of a challenge but the use of adhesive plastics makes the task easier. Another trend that the analyst sees now is the usage of powders made out of renewable resins. These are derived from materials like soybean oil, corn, and sugar. Many companies are also introducing different colors in the powders, ones that haven’t been seen before in order to attract a larger customer base. 
Buy Now
Powder Coatings Market Segments
The global powder coatings market can be segmented into resin type, application, region, and substrate. Based on substrate, the powder coatings market can be divided into metal, and non-metal. The underlying layer defines the kind of powder used for coating. On the basis of application, the powder coatings market can be bifurcated into automotive and transportation, architectural, furniture, consumer goods, etc. On the basis of resin type, the market can be bifurcated into thermoplastic like polyester, polyurethane, polyester-epoxy, and thermoset. Since Asia Pacific region is booming in industries, and manufacturing, it is leading in powder coatings market. According to IndustryArc, the Asia Pacific powder coatings market generated nearly 49% of the global demand in 2018, and its prosperity will remain unmatched by other regions in the near future too. 
The powder coatings market is an imperative solution to lead paints, and the environmental and health risks associated with it. Industries now prefer the use of powder coatings on nearly every product owing to its durability, and the dense coating that it provides. The time isn’t far away when we will see powder coatings market completely take over the industrial finishing market for good
“We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”    

 Engineering Plastics Market Overview:
Engineering plastics are performance polymer materials that have better mechanical and thermal properties than the more widely used commodity plastics such as polystyrene, PVC, polypropylene and polyethylene. Owing to its peculiar traits such as stability, flame resilient, chemical resilient, exceptional machinability, dimension constancy, wear resistance, and minimal damaging friction, it has found tremendous scope of applications in various industries including automotive, aerospace, building and construction, mechanical, and medical. Capitalizing on the industrial trend of ‘lightweighting’ engineering plastics have been successfully replacing other engineering materials such as wood and metal and its global market size is valued at around $79716 million as of 2018. The analyst of this business intelligence report has tracked the engineering plastic market to be progressing at a global CAGR of around 6.6% during the forecast period of 2019-2025.
Request Sample
Engineering Plastics Market Outlook:
According to the International Organization of Motor Vehicle Manufacturers, 97.3 million vehicles were produced in 2017, a 2.36% increase compared to 2016[1]. The rapidly revolutionizing automotive sector with determined efforts to match up with the ‘lightweighting’ trend is implementing engineering plastics in several automotive parts. After metal parts, engineering plastics materials dominates the automotive composition materials. As a consequence of this trend, automotive sector is the major employer of engineering plastics market, growing with the application CAGR of around 7.5% going through 2025.
One of the prime reason for the sheer affluence of engineering plastic is its flexible physicality, predominantly missing from competitor engineering materials such as metal and wood. Due to this significant trait it has found tremendous scope of application in the modern era construction dealing with intricate infrastructures. Aesthetically appeasing glass frontages or arched and suspended structures and skyscrapers are filling the modern infrastructural setting, and engineering plastics with its flexibility benefits is augmenting the market demand through its application.
As per the Institute of Civil Engineers report directed by Oxford Economics, the volume of construction production will grow by 85% to $15.5 trillion globally by 2030, with two countries from APAC including China and India and the U.S leading the way and accounting for 57% of all global growth[2]. APAC with is augmenting automotive industry growth rate, India (5.83%), China (3.19%), and Japan (5.31%) as of 2017 and blooming construction sector is leading engineering plastic market with more than 42% of global demand falling under its own frontiers.
Engineering Plastics Market Growth Drivers and Trends:

• One of the major growth driver for the implementation of plastics in industrial operations is the ongoing ‘lightweighing’ trend. With amplified stress on reducing the load of the car, refining fuel efficacy and emissions, engineering plastics are swapping itself with numerous other materials.
• To comply with the similar trends, construction sector is equally preferring plastics for its operations. The construction production is adapting engineering plastic in its routines for a wide range of uses because of its versatility, strength-to-weight ratio, durability, corrosion resistance, and so on. Plastic can be artificial converted into pipes, cables, coverings, panels, films, sheets and so on and are being employed in this sector worldwide.
• Bio-based engineering plastics such as PLA and PHA and PET has found tremendous scope application in packaging, food service ware, bags, and agriculture applications. Owing to the growing demand for bio-based products, numerous vendors are offering bio-based engineering plastics in the market.
• Mitsubishi Chemical, a Japanese market giant, came up with its product DURABIO™, and found a major employer in automotive sector. It is employed as automotive housings interior and exterior décor.

Inquiry Before Buying
Engineering Plastics Market Players Perspective:
Some of the major companies profiled in this business intelligence report operating in the global engineering plastic market are BASF SE, Solvay S.A., DowDuPont, SABIC, and DSM. BASF SE is offering engineering plastics to support autonomous driving and increase driving comfort. In order to allow automotive manufacturers to achieve the optimum combination of lightweight construction, and vibration damping, BASF is providing noise, vibration, harshness solutions.
Engineering Plastics Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the engineering plastics market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the engineering plastics market, and their specific applications in different types of industries.
Buy Now 
Engineering Plastics Market Report: Industry Coverage
Types of Engineering Plastic: ABS, PA, PC, POM, PMMA, PEEK, PET, PBT, Cast Nylon
Types of End-User: Aerospace, Building & Construction, Food, Mechanical, Medical, Others
Types of Applications: CD/DVD, Medical implants, advanced batteries, Shoes, others
The Engineering Plastics Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia 

“We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”    

Global Blockchain Market is forecast to reach $1.2 Bn by 2025, growing at a CAGR of 46.3% during the forecast period from 2020 to 2025. Rising adoption of blockchain solutions due to their capability of providing increased transparency towards financial transaction management and increasing digitalisation are majorly driving the market growth of blockchain market. Higher deployments of blockchain technology across various industry verticals such as retail, banking, e-commerce and many others are also helping in boosting its market growth. Moreover, blockchain is getting widely deployed due to lesser chances of human error and rising rate of digitalization, thus helping in significant market growth.

Request Sample
Report CoverageThe report: “Blockchain Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Blockchain Market.
By Type: Private, Public, Consortium and HybridBy End Users: Banking & Financial Services, Healthcare, Retail & E-Commerce, Government, Media & Entertainment, Transportation & Logistics, IT & Telecom and OthersBy Deployment type:  Platform and ServiceBy Organization Size: Small and Medium Enterprises and Large EnterprisesBy Geography: North America (U.S, Canada and Mexico), South America (Brazil, Argentina and Others), Europe (U.K, Germany, France, Italy, Spain,Netherlands and Others), Asia-Pacific (China, Japan, India, South Korea,Australia and Others),RoW (Middle East and Africa)
Key Takeaways

• Hybrid Blockchain market is expected to have a major market share during the forecast period 2020-2025 owing to growing adoption from ecommerce, banking and many such industrial sectors.
• Key market players such as IBM Corporation and Microsoft Corporation have been helping towards significant market growth in North America.
• Rising rate of digitalization across industries along with providing an increased transparency system for financial data management are acting as major driving factors towards significant growth of Blockchain market.

Type – Segment Analysis
With the growing adoption towards blockchain by major industries, the hybrid blockchain market is expected to have a major share during the forecast period. Since hybrid blockchain combine benefits of both public and private types, they are gaining much popularity in the blockchain market. Adoption of hybrid blockchain by various end users has been helping towards high market growth due to their capabilities like faster speed and a high security. Moreover, hybrid types of blockchain act as cost-efficient tool due to lower transaction cost compared to other types. Deployment of hybrid blockchain for e-commerce sites due to its cost saving feature through the use of peer to peer networks, distributed apps and revenue models have been causing huge dominance by the e-commerce sector. With providing higher efficiency, hybrid blockchain are facing major market demands due to its demanding applications in supply chain management, banking and many others. These factors have been contributing towards higher dominance of hybrid blockchain by the organizations.
Geography – Segment Analysis
North America is expected to have a major growth in the global blockchain market during the forecast period from 2020 to 2025. High investments towards research and development activities along with rising adoption of blockchain technology have been fuelling the growth for Blockchain market in this region. Presence of some key players such as IBM Corporation, Oracle Corporation and Microsoft Corporation are acting as major drivers for the growth of blockchain market. Rising growth of IT sector and high deployment of blockchain solutions across industries like retail, ecommerce and many others are also causing significant market growth in this region.
Inquiry Before Buying
Drivers – Blockchain Market

• Increased transparency

The rising demand from various organizations towards blockchain technology has been growing due to increased transparency. Deployment of blockchain solutions has substantially helped the companies to maintain a track record of their transactions more efficiently, thus eliminating the requirement for lesser manpower and simplifying the data management process of organizations Blockchain allows users to view, verify and track entire transaction records easily, causing higher adoption from various industrial sectors. Moreover, alteration of a single transaction data is highly difficult due toalteration required for all subsequent records with permission access from all network participants. This makes the blockchain data more accurate, consistent as well transparent along with reducing the need of paper work, thus causing higher demands in the blockchain market. High rate of transparency has been acting as a major driver towards the rising growth of blockchain market, and helping the industries in accelerating its business growth.

• Growing digitalization

Rising digitalization has been acting as a major driving factor towards boosting the market growth of blockchain technology. With technological advancements and digitalization, adoption of blockchain technology is gaining much popularity across various industries. Usage of blockchain technology helps in reducing the manpower requirement which leads to less human error thus acting as a secured and time efficient tool. Moreover, blockchain solutions help in removing the need for middlemen in application areas like payments and real estate, causing faster transactions. This ultimately attracts the industries to digitalise and replace their existing systems with a unified blockchain based system to get a more efficient and flexible experience. Due to dominance for adopting digitalised technology for improvement of work processes, major industries have been propelling the demands for blockchain market.
Challenges –Blockchain Market

• Security issues

Security and privacy concerns are some major factors that are restricting the growth of blockchain technology in the market. Rising rate of cybercrimes has been adversely affecting the deployments of blockchain technology across various industries. Though the transactions offer high levels of transparency and security, there are still chances of financial data records getting hacked by cyber criminals. Loss of financial transaction data records from any reason can have a negative impact on the market growth of any organization. Data protection is one of the major factors for efficient and reliable transaction management in order to improve customer satisfaction. High concerns regarding safety and security of blockchain technology has been causing lesser adoption by the organizations, thus restraining its market growth.
Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the Blockchain Market. The major key players in the Blockchain Market include IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Amazon Web Services, ConsenSys, Digital Asset Holdings, Applied Blockchain Ltd., Intel Corporation and Bitfury.
Buy Now
Partnerships/Product Launches/Acquisition

• In December 2019, Bitfury had launched a corporate blockchain platform named Exonum Enterprise. With this launch, the company claimed to help large companies in optimization of processes along with increased transparency.Exonum offers managing upto 5000 transactions within a second along with providing a dashboard to help users track blockchain activity. This solution has been linked with bitcoin’s blockchain which acts as a bridge between a system with limited access and a fully public network.
• In August 2019, IBM had announced launch of a blockchain based supply chain verification network named as Trust your supplier (TYS). According to the company, TYS was designed in order to eliminate the manual time consuming process and minimize the risk of fraud and errors. TYS will further help in creating a frictionless connectivity across supply chains

“We also publish more than 100 reports every month in “Information and Communications Technology”, Go through the Domain if there are any other areas for which you would like to get a market research study.”