Thursday 28 November 2019

Fumed Silica Market by products, applications & regional analysis 2019-2025



Emerging trends in drug manufacturing activities in tandem with the improving capsule and drug performance characteristics are likely to stimulate fumed silica market demand. The product is used often for drug manufacturing in order to enhance flow properties and mitigate any issues pertaining to compaction or non-uniformity, the latter of which is a common obstacle for the pharmaceutical industry.

Broad application scope across myriad sectors including pharmaceuticals, cosmetics, food & beverage and electronics, etc., will drive fumed silica market size. The product has multiple functionalities including a rheology modifier, desiccant, thickening agent, anti-sagging agent, viscosity controller and anti-caking agent, among others, designed to enhance the productivity of other products.

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The product enhances bond strength in capsules and tablets and aids in particle rearrangement. Additionally, it helps avoid bridging and reduces friction and statics charges. Industry growth is bolstered by the significant surge in pharmaceutical production, stemming from the rising financial interest from pharma companies towards R&D efforts for efficient drug manufacturing activities.

Based on estimates by a Global Market Insights, Inc. report, the worldwide fumed silica market share is expected to surpass $1.5 billion over 2025.

UPRs or unsaturated polyester resins, when in their pure form, face a deficiency of viscosity levels and thixotropic properties, which can be corrected through the application of pyrogenic silica in the resins, Since these resins are a major component in the construction industry and are used extensively for roofing tiles, pipes bathroom furniture, cladding panels, pre-fabricated buildings and more, their demand across the residential, industrial and commercial construction sector is expected to witness a commendable upsurge in the years ahead, which will in turn augment fumed silica industry demand.

While the fumed silica market from the hydrophobic product segment is anticipated to depict an appreciable CAGR of over 5.5% through 2025, the hydrophilic silica segment is expected to hold a dominant position in the overall market over the forecast spell. This is on account of its vast application potential, including as a thickening and reinforcing agent in silicone manufacturing. Major factors enabling the hydrophilic silica segment to take the lead in the market are its untreated nature and its ability to be dispersed in water, which its hydrophobic counterpart is not suited for.


The paints, coatings and inks application segment is poised to surpass over 50 kilo tons consumption by 2025. Robust development in the segment is largely due to increased product utilization in enhancing the rheological and thixotropic properties of paints & coatings products. Fumed silica avoids the sagging of paints applied to vertical surfaces and minimizes the risk of corrosion of the coating.

Fumed silica is applied extensively to adhesive & sealant formulations to facilitate reinforcement and rheological characteristics. The adhesives & sealants application segment is anticipated to depict a significant CAGR of more than 4.5% through 2025. Escalating adhesive and sealant utilization across the construction and automotive industries will support product growth in the coming years.

Fumed silica industry from the food & beverages segment is likely to record sizeable growth at a rate of over 3.5% through 2025. The product helps maintain food product quality through the enhancement of flow properties and also inhibits caking formation thereby extending the product lifespan to a great extent. Additionally, it functions as a flavor masking agent and helps attain cost efficiency.

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The fumed silica market in North America may hold a considerable chunk of the overall revenue share over the estimated timeline. This rapid development seems to be attributed primarily to the burgeoning pharmaceutical sector in the region. In fact, North America accounted for almost half of the worldwide pharmaceutical sales in 2018, according to the European Federation of Pharmaceutical Industries and Associations. Therefore prolific advancements in the pharmaceutical industry will proliferate fumed silica market growth in the years ahead.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Introducing Latest Industry High Speed Steel (HSS) Metal Cutting Tools Market 2019 – 2025


Global High-Speed Steel (HSS) Metal Cutting Tools Market size is anticipated to gain momentum in the projected time frame as a result of rising aerospace and automotive industry worldwide.
Tooling is among the most important part of manufacturing process as they are used in boring, grinding, mills, taps, cutting, shaping casting and determining the product quality. Increasing manufacturing sector is expected to trigger the demand for high speed steel tools market in the near future. Rising concerns for customer satisfaction and quality of the product is also contributing positively to the overall high-speed steel (HSS) metal cutting tools market growth. Increasing demand for HSS tools is also influenced by advantages including enhanced machining accuracy, less product defects, improved surface finish, lower manufacturing costs and short lead time.
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Global high-speed steel metal cutting tools market is majorly driven by surging manufacturing activities so as to stabilize demand for a range of goods such as automotive, aircraft and other heavy equipment. HSS tools have been significantly improving the ability for cutting heavy metals. The high-speed steel (HSS) metal cutting tools market is highly influenced by rising manufacturing and production activities in aerospace, automobile, industrial machinery and infrastructural equipment.
Rising demand for air travel, massive new aircrafts production and increasing business of jet sector are few factors driving the product demand across the aerospace sector. Customer demand has also been following an upward trend as a result of improving operational efficiency, advanced cabin design and other facilities.
The market growth can be hindered by the presence of various substitutes in the market. High speed steel can easily be replaced with conventional steel for the manufacturing process as a result of low cost and easy accessibility. Moreover, growing awareness about HSS benefits and technological advancements will augment the market growth in the near future. 
Based on product type, high-speed steel (HSS) metal cutting tools market is segmented into HSS milling tools, tapping tools, drilling tools, gear cutting tools and others. HSS is one of most used material for drilling in sot steels, woods and plastics. These tools serve as an economical alternative for several drilling and maintenance applications. The product is often utilized in power blades and in drill bits. It is better than high carbon steel tools as it can withstand higher temperature while maintaining its hardness, which allows high speed steel tools to cut faster.
On the basis of end user segments, the high-speed steel metal cutting tools market is segmented into aerospace, heavy equipment and machinery, automobile, infrastructure, and others. In aerospace industry, HSS tools are used in manufacturing aircraft drill bits to be used in fixtures and portable drilling. Recovering global GDP growth, stable prices of commodities and growing passenger travelling mainly in Asia Pacific countries is likely to influence the HSS tools demand in the aerospace industry. Moreover, automotive industry has been reshaping from a while with the growth of electric vehicles in the industry. Growing advancements and innovation are driving the automotive industry which in turn is expected to trigger the product demand in the sector in the coming years.
North America are Asia pacific have emerged as key high-speed steel metal cutting tools market in 2018. Product demand in North America is highly influenced by strong growth across aerospace industry as a result of increasing defense budget in the U.S. Also, Asia pacific is expected to witness significant gains due to rising product demand from automobile and aerospace industry. The aerospace industry in the region is anticipated to grow in the near future as a result of rising passenger traffic which is influenced by growth in middle class population of countries like India and China.
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Global high-speed steel metal cutting tools market is quite fragmented due to the presence of various large and small players in the industry. Some of the key market players are Addison & Co., Ltd., Greenfield Industries, Inc, Kennametal, Inc., LMT Tools USA L.P., Sutton Tools, BIG Kaiser Precision Tooling, etc.

Wednesday 27 November 2019

Quartz Powder Market Industry Analysis, Trend, Growth, Opportunity, Forecast 2018-2025


Quartz Powder Market is rapidly growing due to the increasing commercial construction activities coupled with rising spending on residential construction in most of the emerging economies. Increasing commercial construction activities in various countries is one of the chief factors driving the growth of global quartz powder market. Middle East region has attracted significant private and public investment over the last few years for commercial construction and it has benefited the growth of regional tourism industry. Large-scale commercial projects such as Al Maktoum International Airport (Dubai), Dubailand (Dubai), etc. has boosted the growth of regional construction industry.
Apart from Middle East region, large-scale commercial projects such as Beijing Airport (China), LaGuardia Airport (New York), Second Avenue Subway (New York), etc. are positively influencing the growth of global commercial construction sector. The product is widely used for flooring, facades, indoor countertops, etc. in the commercial constructions. Such trends will prosper the product demand in coming years.
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Another factor that will drive the growth of global market is rising spending on residential construction in the U.S. In 2018, construction spending in the U.S. accounted for more than USD 500 billion and accounted for more than 40% of the total construction spending by the U.S. High standard of living, higher disposable income levels, increasing population are some of the factors boosting the residential construction activities in the country.
Apart from the U.S., initiatives from the governments of Asian countries such as Housing for all & Pradhan Mantri Awas Yojana from government of India coupled with 100 construction projects sanctioned by Beijing Municipal Commission of Development and Reform to improve people's livelihoods has positively influenced the residential construction spending in the Asia Pacific region. The specialty powder is extensively used for indoor countertops, flooring, etc. in the residential sector. Rising spending on residential construction will support the demand for specialty powder in near future.
Based on application, quartz powder market is segregated into kitchen countertops, flooring, facades and others. Flooring application category is likely to have substantial market share throughout the study period. The product provides substantial, durable and attractive flooring without any sealant requirement. The product is widely used to offer chemical resistant, environment friendly and cost-effective flooring solutions. It will prosper the growth of flooring application segment in near future. façade application category will witness significant growth rate throughout the study period. It can be attributed to versatility and resistance associated with the quartz powder.
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Based on end-use, quartz powder market is classified into residential, commercial and industrial construction. Commercial end-use segment is likely to have substantial market share during the study period. Increasing commercial construction activities in tourism-based countries as well as developed countries is the chief driver for the growth of this end-use segment. Residential end-use segment is likely to have significant growth rate market throughout the study period. It can be ascribed to increasing spending on residential construction in developed as well as developing economies.
North America region is likely to witness substantial share in market share throughout the study period. It can be ascribed to increasing spending on residential as well as non-residential construction in the U.S. Asia Pacific region is likely to witness high growth rate during the study period. Rising population, increasing urbanization, development in per capita income and standard of living of middle-class populace, investments in construction projects are some of the factors boosting the growth of regional construction industry and will prosper the product demand in the coming years.
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In order to ease pressure on the existing infrastructure, government of Saudi Arabia has initiated several large-scale construction projects, owing to rapidly increasing infrastructure requirements coupled with population expansion in the region. It will prosper the regional product demand in the coming years. Additionally, developments in the regional tourism industry will also boost the construction activities in the region, which in turn, will augment the regional market during the forecast timespan.
Key product manufacturers in quartz powder market are Caesarstone, Vicostone, Compac, LG Hausys, Dupont, Technistone, Stone Italiana, Cosentino Group, CR Lawrence, etc.  
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Waterborne Coatings Market growth outlook with industry review and forecast 2019-2024



Global Market Insights, Inc. has recently added a report on Waterborne Coatings Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Growing consumer adoption toward green ecofriendly coatings owing to less HAP & VOC content which reduces environmental impacts should drive waterborne coatings market. These coating contains high water content which makes them less toxic and help reducing air emissions thereby promoting product demand.

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Strict government standards by EU Commission regarding harmful emission due to VOC content in coatings supported by initiatives including green building program is likely to have positive influence on industry growth. Shifting preferences of architectural profession towards waterborne coatings in compliance with green building standards may favor industry growth.

U.S. waterborne coatings market from architectural application market may surpass USD 15.5 billion by 2024. These coatings possess excellent adhesion, good abrasion and heat resistance ease of application along with cost effectiveness and protects building structure which is likely to stimulate waterborne coatings market growth.

Waterborne coatings market from automotive refinish may exceed 1.5 billion at the end of 2024. Polyurethane is widely used in automotive refinishing owing to excellent color retention, pigment wetting, chip stone resistance, and elasticity. Increasing technological developments supported by rising economic standards is likely to fuel product demand.

Polyurethane, PTFE, polyester, polyvinylidene fluoride and chloride are major raw materials used in commercial manufacturing. Volatile raw material cost owing to growing applications in polymer, packaging and automotive industries may hamper industry profitability and widen demand supply gap thereby affecting waterborne coatings market price trends.


Germany acrylic coatings market may witness strong gains at over 4.5%. Positive application outlook in road marking, furniture, high traffic interior surfaces including frames, doors and, wall surfaces owing to quick drying, easy cleaning, impact resistance, good gloss & color retention which is likely to drive industry growth.

Waterborne coatings from industrial application may witness gains at over 3.5% by 2024. These coating has wide applications in steel and building structures owing to stringent industry norms pertaining to emissions from VOC content which is likely to boost product demand.

Epoxy coatings market is poised to surpass USD 7.5 billion over the forecast timeframe. It is widely used in transportation, industrial maintenance and floor coatings. Key properties include water & chemical resistance, toughness, durability and high performance thereby promoting product demand.

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Waterborne coatings from industrial wood applications may witness steady gains over the foreseeable timeframe. Growing technological developments to develop UV cured waterborne coating for industrial wood applications with high performance and chemical & stain resistance should contribute towards industry growth.

Global waterborne coatings market share is competitive and moderately fragmented with major player present in this industry includes AkzoNobel, Sherwin Williams, Kansai Paints, PPG Industries BASF and Axalta. Companies are investing in research to develop novel products and technologies including UV technologies which may further drive industry growth.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Thermoplastic Prepreg Market Research Report to 2019 | Industry Growth Share and Global Analysis by Forecast 2025


The Global Thermoplastic Prepreg Market is likely to witness positive outlook during the forecast time span. It is a composite reinforcement which is pre-impregnated with thermoplastic resin. Different types of reinforcements materials such as fiberglass, carbon fiber, aramid, etc., and resins such as polypropylene (PP), polyethylene terephthalate (PET), polyethylene (PE), polyphenylene sulfide (PPS), polyether ether ketone (PEEK), etc. are used during the composite production process.
The product has superior toughness, low flammability, good wear & abrasion resistance, low coefficient of thermal cycling expansion, excellent environmental resistance, low moisture absorption, etc. It is available in the form of unidirectional tape, woven fabrics, stitched fabrics, etc. It is ideally used for lightweight structural applications.
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The market will be driven by rising demand from aerospace industry within the forecast time span. Thermoplastic prepreg helps in production of complex aircraft parts and promote rapid fabrication using automated processes while reducing cycle time. It helps in significant reduction in overall weight of aircrafts thereby reducing fuel consumption and increasing energy efficiency. Additionally, reduction in carbon footprint is achieved along with improvements in flight performance in terms of acceleration, safety and structural strength. Advent of technology to manufacture aircrafts with reduced weights and improved fuel efficiency will generate the demand for thermoplastic prepreg in upcoming years. In addition, stringent government regulations related to fuel emissions will support the market growth by 2025.
Another significant factor driving the growth of thermoplastic prepreg market will be rising demand from automotive industry. The product is used for manufacturing various automotive components which will help in minimizing the overall weight of the automobiles. Continuous research & development activities backed by huge investments will revolutionize the automotive industry in future. Growing concerns coupled with strict emission policies related to CO2 emissions will compel automobile manufacturers to choose lightweight materials for automobile production. This will catapult the thermoplastic prepreg demand in upcoming years.
The market will be segmented on the basis of composite reinforcements, resin type and end-user industry. Based on composite reinforcements, the market is segmented into carbon fiber, fiberglass, aramid fiber and others. Based on resin type, the market is divided into polypropylene (PP), polyamide (PA), polyethylene terephthalate (PET), polyether ether ketone (PEEK), polyphenylene sulfide (PPS), polycarbonate (PC), polyetherimide (PEI), and others. Based on end-user industry, the market is bifurcated into aerospace, automotive and others.
Europe will clutch significant market share in thermoplastic prepreg market in upcoming years owing to flourishing aerospace industry. Various countries such as France, United Kingdom, Germany and Russia are among the leading nations in global aerospace industry. Rising air traffic, huge backlog of new aircraft orders and technological progressions will facilitate the growth of regional aerospace sector. Additionally, supportive government policies will boost the aircraft manufacturing in future. In automobile sector, European Parliament and the Council specified regulation (EU) 2019/631 to provide guidelines regarding CO2 emission levels for new passenger cars and light commercial vehicles. As per this regulation, European Union is aiming to reduce average CO2 emission levels from new passenger cars and light commercial vehicles by 15% at the end of 2025. Automobile manufacturers failing to comply with these regulations will be charged with heavy fines.
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This will in turn spur the market growth by 2025. North America will be another key region in global thermoplastic prepreg market in near future. North America currently accounts for half of the global aerospace industry. Innovation trends and high production capacity will propel the North America aerospace industry in upcoming years thereby bolstering the market growth.
Some of the key players in the global thermoplastic prepreg market are Toray Industries Inc., SABIC, Web Industries, Inc., Teijin Limited, Maru Hachi Corporation, Hexcel Corporation and C. Cramer & Co. (CCC).
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Tuesday 26 November 2019

Surge Arrester Market Share | Industry Size, Trends and Growth by 2025

With rising efforts to curb power outages in emerging economies & the rapid implementation of T&D systems worldwide, surge arrester market has charted a course of immense growth in the last few years. The product is used to protect equipment from over-voltage transients in T&D systems caused by internal switching events or by lightning strikes. Rapid industrialization across emerging countries along with increasing power generation capacities to meet electricity demands have also complemented the industry landscape.

For instance, the average electricity consumption for households was estimated around 3,500 kWh in 2010, but has increased drastically in the last few years owing to rapid urbanization, facilitating the need of efficient overvoltage protection solutions to optimize the continuity of power services whilst ensuring personal safety and reduced immobilization costs.

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Growth drivers
3.7.1.1    North America
3.7.1.1.1    Refurbishment of existing grid networks
3.7.1.1.2    Rising electric infrastructure spending
3.7.1.2    Europe
3.7.1.2.1    Rapid smart grid adoption
3.7.1.2.2    Expansion of sustainable electricity networks
3.7.1.3    Asia Pacific & MEA
3.7.1.3.1    Increasing demand for electricity
3.7.1.3.2    Large scale renewable integration
3.7.1.4    Latin America
3.7.1.4.1    Increasing demand for sustainable electrical networks

How will the rising occurrences of lightning strikes amplify product adoption?
A lightning strike has the potential to destroy millions of home appliances across a power grid. It can also cause significant amount damage to T&D equipment like power transformers owing to the injection of around 120 million volts of added voltage into the system. Indeed, a lightning strike can cause a transformer to blow, knocking out power to thousands of people or even leading to cases of electrical fire outbreaks, particularly in dry environments.

According to the National Fire Protection Association (NFPA) reports, during 2007-2011, the U.S. local fire departments responded to around 22,600 fires caused by lightning per year – the fires caused damage to direct property of around $451 million annually. To counter such damages, power stations operators are increasingly installing surge arresters to protect customer’s home appliances and power station infrastructure, which will in turn supplement the expansion of the global surge arrester industry.

High voltage products, as per estimates, are anticipated to record extensive sales in the years to come. The product’s increasing use across HVDC (high voltage direct current) lines to drive AC and DC applications requiring power inputs of over 1,100kV will fuel the product demand. Moreover, rising infrastructure development projects in emerging nations to meet residential and industrial demands will also propel high voltage surge arrester market size, slated to depict a CAGR of 6% over 2019-2025.

In 2017, India revealed plans to construct an 800-kV transmission line capable of offering power to over 80 million people in the country. The increasing adoption of FACTS (Flexible AC Transmission Systems) to increase the reliability of line networks along with improved measures to protect transmission & distribution equipment from overvoltage will also stimulate the industry growth.

Speaking of the material preference, it is imperative to mention that polymer-based surge arresters find exceptional applications across numerous sectors. Owing to the easy installation & handling, low operational & manufacturing cost, reliable performance in tough environments and superior breaking resistance under overload scenarios, polymer-based surge arrester industry is likely to depict an expansive growth graph in the years ahead. Growing investments to upgrade existing power transmission & distribution infrastructure will also propel the polymer-based surge arrester market size, which was pegged at around USD 600 million in 2018.
U.S. to emerge as a prominent revenue ground for surge arrester market

Rising energy demands along with the growing focus on upgrading existing substations to improve power reliability have been touted to expedite the U.S. surge arrester market in the coming years. With a massive rise in the cases of transformer failure due to absence of proper power protection devices, the demand for these products is bound to increase exponentially. Moreover, increasing cases of lightning strikes in states like Florida will also complement the industry landscape.

These exceptionally efficient systems, are massively used worldwide to protect electrical equipment and power system installations against internal switching events and lightning surges. Surge arresters can also directly divert overvoltage to the ground to protect the equipment from damage. Considering their exponential demand graph, it wouldn’t be incorrect to state that the global surge arrester market size of bound to increase by the day, with a target revenue estimation of $2 billion by 2025.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Paperboard Packaging Market analysis and trends report for 2019 - 2024




Based on regions, Asia Pacific paperboard packaging market held a substantial share in the market and is likely to cross USD 170 billion over the forecast timeframe. This region will experience high gains owing to growing income level and demand from food & beverage industry. North America is the second ranking region, which accounted for a substantial share of the industry in 2016. Europe will grow at a slower pace due to unfavorable regulations on paper recycling.

Paperboard Packaging Market will likely surpass USD 240 billion by 2024; according to this new research report. Growing packaging market in emerging economies is likely to boost paperboard packaging industry in forecast period. It is extensively used in food, medicine, clothing, footwear, and cosmetics wrapping applications owing to its lightweight and recyclable properties.

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Long working hours in growing corporate lifestyle is resulting in increasing doorstep food deliveries and packaged food eating habits which will drive paperboard packaging market demand in forecast period. Moreover, this product is witnessing a significant demand in many countries owing to increasing health and environmental concern from the harmful effects of plastic packing.

Though plastic based packaging is predicted to become a threat to the product growth, owing to its low cost and durable properties. The demand for plastic covering is increasing because the paperboard packaging properties are not efficient to provide water resisting shield to the packaged products. This factor will decelerate growth of the paperboard packaging market.

Currently, food packing standard and law are prohibiting the application of recycled paper for food industry, to maintain food safety standards and grades. The food packing segment occupies a major share and government prohibition on the recycled paper usage may restrain the paperboard packaging market over the coming years.


Paperboard packaging market has been segmented based on product, raw material, and application. Among raw materials, fresh sources comprise of wood pulp, straw, hemp, sugarcane bagasse and cotton. Wood pulp solely accounts for 90% of this segmental revenue.

The product segment includes boxboard and containerboard. Boxboard category is further divided as solid unbleached board, folding boxboard, white lined chipboard, and solid bleached board. Folding boxboard segment have several applications such as in confectionaries, cigarettes, beauty products, pharmaceuticals, and frozen foods. Its market is likely to grow at CAGR of 8.5% in forecast timeframe.

The applications for this product are segmented into four key segments including food & beverage (F&B), medical, durable goods, nondurable goods and others. Increasing demand from online based retail industry, and food takeaways are predicted to propel the product growth in future. F&B is a major end-user which held a more than one-third share of the global paperboard packaging market. Food and beverage is fastest growing application and is likely to witness growth at a CAGR of 8% in forecast period.

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The prominent companies of paperboard packaging market are SCA paper company, Outlook, Smurfit Kappa, Badger Paperboard, Shandong Bohui Paper, STORA ENSO, WestRock, Oji Holding, International Paper, ITC, Southern Champion Tray, Mondi, Nippon, Metsa and others.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Monday 25 November 2019

Instrument Transformer Market Size | To expand at 8.1% CAGR up to 2025, 1166 pages report

Rising demand for electricity is set to have positive influence on the instrument transformer market share with burgeoning urbanization institutionalizing measures to propel grid stability. Moreover, infrastructural fund allocation aimed at helping the installation of monitoring and control power T&D systems will potentially trigger growth in instrument transformer market share.

Adoption of smart monitoring products, as well as continuous development in smart grid electricity networks is expected to bolster instrument transformer market revenue. As such, stakeholders are increasingly investing towards the development of energy-efficient and cost-effective products. Further, instrument transformer market outlook is slated to get boost from the prevalence of enhancing equipment precision to assure current volatility and regular voltage across sustainable power systems.

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Of late, current transformers are highly sought-after among stakeholders to incorporate high primary current into a compact system. In a bid to propel operational feasibility, product adaptability meant for protection and measurement of electricity infrastructure is anticipated to bolster instrument transformer market size.
Meanwhile, operational flexibility and voltage regulation have been spurring auto-transformer deployment. Nevertheless, auto-transformer segment accrued over 40% of the market share in 2018, backed up by competitive cost structure, enhanced efficiency, and system compactness.

Instrumental transformer market size is projected to exceed US$ 8 bn by 2025, according to a research report by Global Market Insights, Inc. Besides, instrumental transformer market shares surpassed installation of 1,000 units in 2018.

Oil immersed transformers are highly sought-after among utility and commercial electricity networks, owing to effective insulation and di-electric strength have expanded the product footprint. Reports indicate oil immersed transformers segment to expand at a healthy growth rate of over 7% during the assessment period.
Against the backdrop of soaring demand for refurbishment of traditional grid infrastructure and proliferation of distribution grid networks, North America instrument transformer market size is slated to experience substantial growth by 2025.

APAC and MEA are projected to offer lucrative opportunities to major players in the wake of soaring rural electrification demand across the regions. Further, upsurge in finance from World Bank and Asian Development Bank (ADB) has been instrumental in underpinning instrument transformer market share. It is believed refurbishment of power grids across MEA countries, including Iraq and Sudan will augment MEA instrument transformer market outlook. Moreover, integration of large scale-grid across renewable energy deployments is likely to substantiate instrument transformer market forecast.

Deployment of smart transformer units and high-scale industrial establishment to keep up with the soaring electricity demand will potentially propel Europe instrument transformer market share. Rigorous energy efficiency norms have influenced manufacturers to develop efficient and cost-effective transformer units.
Burgeoning industrialization and thriving real estate sector have underpinned ≤250 kV-based instrument transformer that surpassed US$ 900 mn in 2018. Moreover, growth witnessed in utility sectors has complemented soaring electricity demand. The report predicts instrument transformer market share to get further impetus on account of frequent network fluctuations and frequent power interruption across commercial and residential sectors.

In a bid to bolster product portfolios, leading players are embracing key business strategies, including collaboration and partnerships. Some of the prominent players in instrument transformer market are Toshiba, Siemens, Bharat Heavy Electricals Limited, Mitsubishi Electric, Raychem RPG, CG, among others.

Sunday 17 November 2019

Transformer Market Statistics 2025: Share Forecasts, Trends & Growth drivers

Driven by the commendable developments in grid infrastructure model, transformer market stands to witness a remarkable upswing over the ensuing years. Many driving forces are shaping the electric grid, transformers being one of the integral vertical of power grid network is certainly no exception. 

Companies partaking in the transformer industry have been increasingly focusing on developing advanced products in sync with the rapidly evolving smart grid infrastructure. One such pathbreaking innovation that has fetched all the attention lately is the smart solid-state transformer. These smart transformers, as claimed by experts, can not only perform all the functions of a conventional transformer, but also can feed back the unused power to the grid by stepping up the voltage level.


As per a new journal put forth by IEEE, a new study using advanced computational model depicts that SSTs could be profoundly used to make reliable and stable smart grid. Reportedly, the paper was published with the support of FREEDM Systems Centre at North Carolina State University, who are claimed to bring the first SST in 2010. Experts deemed this ground-breaking innovation would prove to be disruptive for the entire transformer industry trends in the coming years, amidst the backdrop of a considerable discontentment from the consumer end with regard to the supply demand power gap.

Speaking of the product landscape, power transformer industry is set to amass substantial returns, subject to the relentless proliferations in power transformer technology over the past few years. Overall power transformer market held a commendable valuation of in 2019, and is likely to advance at an appreciable rate through 2026. 

Increasing pressure in transmission network has led to a surge in demand for higher voltage and longer lines, in turn, necessitating the requirement of higher rated, more efficient power transformers. In fact, it has been observed that new developments in this particular business sphere are primarily on focused on bringing renovations in the active components of the transformer, being mainly the windings, insulation, and core.

The extensive proliferation of transformer market has also been catered by the increasing energy efficiency propositions with regards to the rapid expansion of smart grid network across major economies.  Statistics depict, countries including Germany, UK, Italy, France, and Sweden have recently inked a smart grid multibillion dollar agreement to expand smart grid technologies across Europe. 

Such incessant efforts undertaken by the governments of developing & developed nations regarding grid infrastructure refurbishment would invariably upscale the transformer industry market share in the coming years.

Considering the regional trends, U.S. is forecast to experience a robust growth in the global transformer market. Massive investments in upgradation of conventional grid network along with new grid extensions are claimed to be the primary reasons enhancing the regional market outlook. In this regard, it is prudent to mention that the Peninsula corridor electrification program that led to an influx of road infrastructure proposals has immensely left an unparalleled impact on the overall transformer market demand.
Recently, the U.S Federal Transit Administration has provisioned a multimillion dollar investment toward the extension of electric grid network across California’s rail networks. With the growing deployment of reliable and efficient grid network mechanism in the regional electric infrastructure, experts believe U.S. transformer market share would undoubtedly shoot up over the coming years.

With the globe treading on the path of sustainability quotient, renowned players of transformer industry are also shifting their focus toward eco-friendly trends. However, fluctuations in component price trends along with standardization issue and high capital cost involved in its deployment might hinder the growth path in the coming years. 

Nonetheless, with a favorable regulatory framework in tandem with the refurbishment of electrical infrastructure across major economies, transformer market is slated to chart a profitable roadmap over the forthcoming years. Global Market Insights, Inc., forecasts overall transformer market size to exceed a valuation of USD 90 billion by 2026.

Partial Table of Contents (ToC) of the report:

Chapter 4   Global Transformer Market, By Core
4.1   Global Transformer market share by core, 2019 & 2026
4.2   Closed
4.2.1   Global market from closed, 2015 - 2026
4.2.2   Global market from closed, by region, 2015 - 2026
4.3   Shell
4.3.1   Global market from shell, 2015 - 2026
4.3.2   Global market from shell, by region, 2015 - 2026
4.4   Berry
4.4.1   Global market from berry, 2015 - 2026
4.4.2   Global market from berry, by region, 2015 - 2026

Chapter 5   Global Transformer Market, By Product
5.1   Global Transformer market share by product, 2019 & 2026
5.2   Power transformer
5.2.1   Global market from power transformer, 2015 - 2026
5.2.2   Global market from power transformer, by region, 2015 - 2026
5.3   Distribution transformer
5.3.1   Global market from distribution transformer, 2015 - 2026
5.3.2   Global market from distribution transformer, by region, 2015 - 2026
5.4   Instrument transformer
5.4.1   Global market from instrument transformer, 2015 - 2026
5.4.2   Global market from instrument transformer, by region, 2015 - 2026
5.4.3   Current transformer
5.4.3.1   Global market from current transformer, 2015 - 2026
5.4.3.2   Global market from current transformer, by region, 2015 - 2026
5.4.4   Potential transformer
5.4.4.1   Global market from potential transformer, 2015 - 2026
5.4.4.2   Global market from potential transformer, by region, 2015 - 2026
5.5   Others
5.5.1   Global market from others, 2015 - 2026
5.5.2   Global market from others, by region, 2015 - 2026

Friday 1 November 2019

Bio Vanillin Market is projected to witness more than 13% CAGR by 2023


Global Market Insights, Inc. adds new Bio Vanillin Market report which provides in-depth information about industry overview, top vendors, key market highlights, product types, drivers, challenges, trends, industry landscape, size and forecast.

Rise in the consumer inclination towards natural ingredients in the food & beverage industry will foster the demand for global bio vanillin market share over the forecast period. There has been a high demand for natural ingredients across evolved markets owing to increasing health concerns and rising awareness over time. This has been supported by the imposed regulations laid down by the authorities that control the labelling standards.

Bio vanillin has been pegged as an ideal substitute for synthetic ingredients. Synthetic ingredients contributed more than 95% of the current demand worldwide, offering considerable prospects for bio vanillin industry players. Increasing demand for new flavors among consumers as well as strong bakery and confectionary sector will fuel the growth of the industry. Bio vanillin industry size from food & beverages segment had reached more than USD 8 million in the year 2015.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/679   

Consumers have increasingly been shifting their interests towards personal care formulation. Constant efforts have been put in the development of bio vanillin across the healthcare and fragrances segment. Consistent growth of the pharmaceutical sector and higher spending on quality fragrance products by consumers will fuel bio vanillin market outlook.

Biotechnology is considered as a crucial way to address both natural feedstocks issues and food waste. It essentially allows compound conversions of low value to different products with major commercial interests. However, it has been noted that the product’s commercial success will mainly be depending on the price trends of the bio vanillin products in the forthcoming years.

Asia Pacific bio vanillin market share from the fragrance application segment is estimated to register substantial gains and exceed USD 1 million by the year 2023. There has been a major rise in the consumer preference for personal grooming and fragrances with the changing trends in lifestyles. Surging demand for premium fragrances and growth in the per-capita income are some of the key factors that will help boost the demand for the product in the region.

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The manufacturers across the end-user segments are willing to pay premium prices for the manufacturing of natural ingredients on account of the surge in consumer inclination towards healthy food and products. In fact, global natural vanillin industry share is projected to surpass more than USD 140 million by the year 2023.

North America bio vanillin market trends have been dominated by regional consumption patterns and amassed nearly USD 3 million in 2015. Major expansion in the brewery industry as well as labeling the product as a premium ingredient required in the food & beverage industry, including fragrances, are few factors stimulating the industry growth over the analysis time period.

France bio vanillin market share has been estimated to register a significant growth of more than 12% CAGR between 2016 to 2023.


Bio vanillin has a wide array of applications that will help strengthen bio vanillin market share. The derivatives for vanillin like the vanillic acid, methoxyhydroquinone and vanillyl alcohol can be served as platform chemicals for about 22 polymer compounds, all of which can be utilized in the synthesis for epoxy resins, non-isocyanate polyurethanes (NIPU) and polyesters.

Key players comprising the industry’s competitive dynamics include Evolva, Apple Flavor & fragrance Group, Ennloys, and Solvay. They are involved in the manufacturing and distribution of products across the market. The bio vanillin industry is nascent and still at its development phase.

Partial Chapter of the Table of Content:

Chapter 1    Methodology & Scope
1.1     Research Methodology
1.1.1    Initial data exploration
1.1.2    Statistical model and forecast
1.1.3    Industry insights and validation
1.2     Data Sources

Chapter 2    Executive Summary
2.1     Bio vanillin industry 360o synopsis, 2012 - 2023
2.1.1    Business Trends
2.1.2    Regional Trends
2.1.3    Application Trends

Chapter 3    Bio Vanillin Industry Insights
3.1     Industry segmentation
3.2     Industry Size and forecast, 2012-2023
3.3     Industry ecosystem analysis
3.3.1    Distribution Channel Analysis
3.3.1.1    Collaboration/Partnership
3.3.1.2    Downstream (Building Block Chemical)
3.3.1.3    Supply as food ingredient
3.3.1.4    Supply as personal care ingredient
3.3.1.5    Pharmaceutical ingredient
3.3.2    Vendor landscape
3.4     Technology landscape
3.4.1    Production routes
3.4.1.1    Vanillin from natural source
3.4.1.2    Synthetic vanillin
3.4.1.3    Vanillin produced from biotechnological routes
3.4.2    Lignin
3.4.3  Global lignin market estimates and forecast in vanillin, 2012-2023, (Kilo Tons) (USD Billion)
3.4.4    Natural v/s Synthetic v/s bio vanillin
3.5     Raw material trends
3.5.1    Ferulic Acid
3.5.2    Eugenol
3.6     Industry Impact forces
3.6.1    Growth drivers
3.6.1.1    Flavor industry growth
3.6.1.2    Biotechnology industry growth
3.6.2    Industry pitfalls & challenges
3.6.2.1    Lack of regulations & guidelines
3.7     Regulatory framework
3.7.1  EUregulations EC 1334/2008 - 3 cumulative criteria to be Natural Flavouring substance
3.7.2    US Regulations FDA21 CFR101.22 – Natural Flavor Labelling Criteria
3.8     Growth potential analysis
3.8.1    Emerging business models
3.8.1.1    Risk sharing/collaboration/partnership
3.8.1.2    Technology licensing
3.8.1.3    Contract manufacturing
3.8.2    Addressable market potential
3.8.2.1    Bio vanillin addressable market potential, 2012 - 2023
3.8.3    Bio vanillin addressable market estimates & forecast, 2012 - 2023
3.8.4    Downstream derivatives
3.8.4.1    Methoxyhydroquinone
3.8.4.2    Vanillic Acid
3.8.4.3    Vanillyl alcohol
3.9     Porter’s analysis
3.10   Competitive landscape, 2015
3.10.1    Strategic landscape
3.11   PESTEL analysis

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