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Global Industrial Coatings Market – Industry Trends, Size, Shares, Forecast to 2024

An industrial coating is a coating or paint that is defined by its protective properties. The common use of these coating is for corrosion control of concrete or steel. These coatings are used in various industries such as aerospace, automotive, plastics, marine, and various others. The industrial coatings market is growing at a good rate and anticipated to register a decent growth during the forecast period, on account of its superior properties which includes durability, corrosion resistance, excellent fire protection coating solutions, and others. The market is gaining momentum due to the high exposure of metals to wear and tear coupled with continual degradation.

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Industrial coatings are manufactured from petrochemicals commercially. Considering that crude oil prices are highly volatility which can directly impacts the industrial coatings market. Along with that, environmental concern and fluctuating raw material prices may restraint the market growth during the forecast period. For instance, fluctuation in prices of resins, pigments, titanium oxides and additives can potentially hinder the market growth.

Globally, Asia-Pacific is anticipated to dominate the industrial coatings market in the coming years. The region’s market is mainly driven by the rapid industrialization, increasing infrastructural activities, and easy availability of resources. Also, the favorable government regulations in various countries such as India, China, and Japan are projected to augment the growth of industrial coatings market.

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Key participants in the market are acquiring small players in order to gain larger market share. Also, manufacturers are collaborating with distributors to expand their presence in the market and meet the global demand.  Along with that, BASF SE, AkzoNobel N.V., Valspar Corporation, Nippon Paint Holdings, PPG Industries, The Sherwin-Williams Co. Ltd., DowDuPont Inc., Axalta Coating Systems, Kansai Paint Co. Ltd., and RPM International Inc. among others are some of the major players operating in the global industrial coatings market.

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Global Industrial Gaskets Market : Report Includes Regions, Companies, Revenue To 2024

Gasket is a mechanical seal that are used to fill the space between two or more than two mating surfaces. It is used to prevent leakage from the joined objects when they are under compression. It is commonly produced from sheet materials by cutting. Gaskets are generally made from flat materials which include a sheet, from rubber, paper, silicone, cork, felt, metal, nitrile rubber, fiberglass, and others. The industrial gaskets market is anticipated to register a good growth during the forecast period. This is attributed to its wide application in different end-user industries including power, oil and gas, chemicals, and others.

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The major factors that are driving the industrial gaskets market growth are wide application range of these gaskets in various end-user industries, stringent governmental regulations to control leakage in order to prevent environmental damage, and increasing demand from oil and gas production related facilities. The application of these gaskets are increasing in various industries due to its superior properties such as, their resistance to chemicals, alkaline, acids, and others; resistance to extreme temperature; resistance to extreme pressure; resistance to withstand different environments, and others, resulting in driving the industrial gaskets market growth.

Globally, North America is the most dominant market and account for the largest share in the industrial gaskets market. The growth of the region’s market is mainly attributed to the growing demand of gaskets in end-user industries such as power, chemical, oil and gas, and other industries. However, during the forecast period, the Asia-Pacific is projected to register the fastest growth in the market, owing to the increasing power production in the region in order to meet the increasing power demand.

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Some of the major players operating in the industrial gaskets industry are Klinger Limited, Garlock Sealing Technologies, Spira Power, Hennig Gasket & Seals Inc., Denver Rubber Company, Goodrich Gasket Private Limited, Amg Sealing Limited, Oman Gasket Factory, Gasket Manufacturing Company, Phelps Industrial Products, and Leader Gasket Technologies.

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Global Metal Injection Molding Market – Competitors Region, Product & Application To 2024

Metal injection molding is a metalworking process, where fine-powdered metal is mixed with binder material to produce feedstock. This feedstock then shaped and solidified using injection molding process. This process allow high volume and complex parts to be shaped at one go in a single step. The metal injection molding market is witnessing a decent growth in the last few years and anticipated to register a significant growth during the forecast period. This is attributed to the increasing demand of complex metal injection molded parts from different end-user industries including automotive, electronics, industrial, consumer products, and others.

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The major challenge identified in the metal injection molding market is that the process is expensive for small production capacities. The parts that are one to one manufactured using this process are always be more expensive as compared to traditional process which is expected to hinder the market growth. However, the productions in large volume batches are always cost-effective using this process.

Globally, Asia-Pacific is expected to dominate the metal injection molding market, owing to the increasing demand from automotive industry along with the rising demand of miniaturization of consumer electronics for complex and small metal injection molded parts. Additionally, rapid industrialization and technological advancement are also expected to fuel the market growth in the coming years.

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Various companies operating in the metal injection molding industry are undertaking strategic initiatives to gain a competitive edge, which is likely to drive investments in the market over the forecast period. GKN Plc, Dynacast, Dean Group International Ltd., Britt Manufacturing, Cypress Industries, Sintex, Indo-MIM Pvt. Ltd., CMG Technologies, Real Technik AG, and ATW Companies are among the major players operating in the metal injection molding market.

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Global Beauty Drinks Market – Massive Industry Improvement and Competitive Insights by 2024

The skincare industry is the most flourishing industry globally due to the growing needs of consumers towards beauty regimes and skincare treatments. Beauty drinks are one such effort that is used for retaining natural beauty during the battle against ageing. This drink contains all sorts of ingredients that help in taking care of skin such as amino acids, vitamins, antioxidants and minerals. The growing need of consumer towards anti-aging products and healthy drinks has increased the demand of global beauty drinks significantly.

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The young women population are busy in their lifestyle some are working or homemakers and cannot devote much time for taking care of their skin. These beauty conscious consumers hold the major market share for this type of drink as it is considered to be less time consuming and effortless method to gain flawless skin. This, in turn, increases the growth of the global beauty drinks market.

Globally, Europe held the largest share of the beauty drinks market in 2018. The youth of this region are highly conscious towards their fitness and appearance, and the same trend is also being witnessed in the aging population is driving the growth of the European beauty drinks market. However, during the forecast period, the North American market is expected to witness the highest incremental growth followed by the Asia-Pacific region.

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Some of the major players operating in the global beauty drinks industry are Asterism Healthcare plus, Inc., Beatific - Beauty lab, Hangzhou Nutrition, Juice Generation, Vemma Nutrition, AMC, The Coca-Cola Company, Zoppas Industries Group, Sappe Public Company Limited, DyDo DRINCO, INC., Big Quark LLC, and Nestlé S.A.

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Global Sports Nutrition Market Evolving Industry Trends and Opportinity 2024

The global sports nutrition market is expected to witness the fastest growth due to steady changes observed in the market as it involves the change of product from traditional products into more specific products and the target base lies within the conventional customers for this market. There are several varieties of sports nutrition that comprises powders, tablets, bars, gels and ready to drink beverages.

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There are several innovations being observed in the sports nutrition market that is recognising the wellness, health and overall fitness of the individuals and are constantly targeting the innovators and early adopters in order to maximise the profit and make the product accessible to large number of populations worldwide. The problem in developing customer trust, negative perception developed for disputed ingredients such as stimulants and prohormones are the major restraints observed in the growth of the global sports nutrition market.

Geographically, North America is the largest market for sports nutrition due to increasing consciousness among the population of this region regarding good health and increasing adoption of the supplements in order to remain healthy and fit. The accelerating amount of urbanization, increase in the disposable income and large number of younger population is driving the demand for this market in North America. The sports nutrition market is expected to witness the fastest growth in Asia-Pacific owing to their increasing trend of spending more towards the upgradation and enhancement of standard of living.

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Some of the major players operating in the global sports nutrition market include Glanbia Plc, PepsiCo. Inc., Abbott Laboratories, GNC Holdings, The Coca Cola Company, GlaxoSmithKline, Clif Bar & Company, Universal Nutrition, Creative Edge Nutrition Inc., and Monster Beverage Company.

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Global Deoiled Lecithin Market Growth Rate, Trending Factors, Vendors, Regions To 2024

De-oiled lecithin is an ingredient which is majorly consumed as releasing agent, antioxidant, wetting agent, stabilizer, instantizing agent, lubricants and emulsifier. The global de-oiled lecithin market is growing at significant rate, due to upsurge in recognition of sunflower-based lecithin and mounting requirement in food and feed applications. The market has witnessed high demand for soy in the coming years due to adequate accessibility of soybean, mounting demand of natural sources in cosmetic and pharmaceutical industry and economical extraction procedure.

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Progression in trend for natural food additives, upsurge in recognition of sunflower-based lecithin, mounting consumer alertness regarding clean label products and upsurge in requirement for convenience food are the primary growth drivers for de-oiled lecithin market. Shifting user lifestyles, mounting necessity for trans-fatty acid and healthy snacking, and mounting requirement in food and feed applications are also facilitating the growth for the de-oiled lecithin market.

Imitation of de-oiled lecithin by artificial substitutes, variation in raw material rates, apprehensions about GMO and allergens issues related with soy are the major challenges for the growth of the de-oiled lecithin market. Globally, the manufacturing companies trying to enter the de-oiled lecithin market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition.

Geographically, Asia-Pacific is the largest de-oiled lecithin market as in the region the export opportunities of non-GMO lecithin is increasing, and the consumers are getting aware of the advantages of healthy food and feed.

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Furthermore, the growing adoption of a premium lifestyle with quality food, mounting healthcare expenditure and increase in animal husbandry and augmented requirement for personal care products and cosmetics are also up surging growth of the Asia-Pacific de-oiled lecithin market.

Key players in the de-oiled lecithin market are catering the demand by investing on new product launches in their product portfolio across the globe. In March 2018, Cargill introduced de-oiled lecithin products to complete its product portfolio of GMO and non-GMO lecithin product. Cargill, Bunge Limited, Lasenor Emul, ADM, Novastell Essential Ingredients, Lecico GmbH, Giiava Pvt. Ltd, Dowdupont, American Lecithin Company, Stern-Wywiol Gruppe and Lecital GmbH are the key players operating in the market.

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Meat Testing Market to 2024 - Increase in Food Processing, Global Forecast

Meat testing is to identify the contamination on the surface of the tool and the meat with the help of testing. These tests are performed to improve the quality of product and safety of meat. The escalating international trade of meat products, mounting cases of meat adulteration are the major factors driving the growth of the meat testing market. The market has witnessed high growth for the pathogen testing due to a complex process, improper storage or raw meat, and mounting matters about cross-contamination during storage, handling, transportation, and repacking.

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The launch of advanced technology, progression in R&D of testing procedures, budding consumer alertness about the safety of food and developments in service set for meat & seafood testing are also facilitating the growth for the meat testing market.

Globally, the manufacturing companies trying to enter the meat testing market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition. Moreover, the high level of capital requirement remain a major barrier for the entry of new players.

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Geographically, North America is the largest meat testing market as in the region the alertness of safe food products is augmented. Stringent food safety regulations, high demand for meat products, high share in the packed food products and a mounting number of meat product recalls have boosted the demand for meat testing market in the North American region.

Key players in the meat testing market are catering to the demand by investing in new product launches in their product portfolio across the globe. In December 2017, SGS introduced its food testing and agriculture testing laboratory in Brookings, South Dakota. In addition, in August 2018, ALS Limited acquired Truesdail Laboratories, LLC, to expand its environmental, pharmaceutical, food testing capabilities, nutraceutical, and geographical coverage for the USA Life Sciences business. SGS, ALS Limited, Asurequality, Romer Labs, Eurofins, TUV SUD, Intertek, Bureau Veritas, Mérieux Nutrisciences, Microbac Laboratories and LGC Limited are the key players offering meat testing products and services.

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Global Food & Beverage Processing Equipment Market to Forecasts From To 2024

Food & beverage processing equipment includes industrial mixers, ovens, blenders, molders, cutters, tanks, kettles, vacuum pans, and formers. The escalating requirement for meat, bakery, poultry, confectionary, and dairy products, and the mounting need for processed and convenience food are the major factors driving the growth of the food & beverage processing equipment market. Different types of processing supported the food & beverage processing equipment market size. The market has witnessed high command for processing equipment in the coming years due to swiftly mounting bakery product, beverage industries, and dairy product and to encounter consumer requirement.

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The escalating requirement for meat, bakery, poultry, confectionary, and dairy products, the mounting need for processed and convenience food, innovation of smart food processing equipment and the mounting need for inventive food & beverage products are the primary growth drivers for food & beverage processing equipment market.

Geographically, Asia-Pacific is the largest food & beverage processing equipment market as in the region the demand for processed food is increasing. The upsurge in the need for innovative food processing machinery, large population base, the mounting number of quick-service restaurants, the mounting number of manufacturing amenities and the improving effectiveness of manufacturing operations have boosted the demand for food & beverage processing equipment market in the Asia Pacific region.

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Key players in the food & beverage processing equipment market are catering to the demand by investing in new product launches across the globe. In August 2018, Marel acquired MAJA, the German food processing equipment manufacturer, to strengthen its position in the advanced processing equipment and solutions. Marel, Bühler, Bucher Industries, Bigtem Makine, GEA Group, SPX Flow, Krones Group, Clextral, JBT Corporation, TNA Australia Solutions, Alfa Laval and Equipamientos Cárnicos, S.L. are the key players offering food & beverage processing equipment.   

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Global Air Purification Systems Market : Top Key Manufacture, Region and Forecast 2018 to 2024

The air purification system is gaining significant increase in demand due to increasing pollution particularly in the developing countries. Air purification system is a device that help in removing pollutants from the air and are beneficial for the people suffering from allergies and asthma. The device is also beneficial in clearing off second hand smoke and the target audience usually comprises of people who smoke. The poor indoor air quality (IAQ) is the major concern to schools, buildings, hospitals and the workers in these premises as it can adversely impact their health. This in turn, increases the demand for air purification systems globally.

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The growing environmental concern and the emerging Asia-Pacific market are creating greater opportunities for the air purification systems market globally. The amount of air pollution is extremely high the emerging economies of Asia-Pacific such as India. The hike in air pollution particularly in the national capital of the country and the nearby areas is accelerating the demand for air purifiers in the region. Sale of air purifier is generally enhanced in the country with the onset of winters and after math of fire crackers that are burnt at the time of Diwali. Furthermore, the increasing attention on rising air pollution in the urban centers is expected to increase the sales of air purification devices in the countries of Asia-Pacific on annual basis. The high pricing of products limiting the consumption and positioning of air purification systems as luxury goods is the major restraint observed in the growth of global air purification systems market.

Geographically, Asia-Pacific is the largest market for air purification system as the countries such as China, Japan, South Korea and India are expected to be the key consumers of air purification systems. The increasing urbanization and industrialization are the key driving factors contributing towards the growth of air purification system market in this region.

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Some of the key players operating in the global air purification system market are Honeywell International Inc., 3M Company, Sharp Corporation, Daikin Industries, Ltd., Air Products and Chemicals, Inc., Clean Teq Holdings Limited, Panasonic Corporation, Alfa Laval AB, SPX Corporation, Mann+Hummel GmbH, LG Electronics Inc., Whirlpool Corporation, Eureka Forbes, Fumex Inc., Philips Electronics N.V. and Clarcor Inc.

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Dry Shampoo Market Size, Industry Status & Global Forcast to 2024

The global dry shampoo market is observing accelerating growth due to changing consumer demand for organic and natural hair care products. The natural variants in the dry shampoo helps the consumers to reduce the risk of damages caused by excessive chemicals and further help in improving the hair texture with the help of long lasting scalp nourishing ingredients. Due to such benefits the demand for natural and organic variants of dry shampoo is rising rapidly globally.

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The flourishing fashion industry is the key driver observed in the growth of global dry shampoo market. The fashion industry influences the consumers to follow the latest trend and fashion developed by them. The fashion industry is increasingly emphasizing the consumers to increase hair volume and focus on getting an improved rich hair texture. The formula that dry shampoo contains has gained huge momentum amongst the fashion industry especially among the models and hair stylists. The enhanced used of chemical developed products damage the hair making the ends rough and tangled.

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Geographically, North America is the largest market for dry shampoo. The large number of women population in the country is working as a result the regular shampoo is facing declining demand as it is perceived to absorb plenty of time of the users. The dry shampoos are considered to be very convenient for use and are less time consuming as compared to the traditional concept of shampoos. The demand for dry shampoo is accelerating due to the rapid shift of the consumers towards regular style of hair scrubbing and more casual alternatives to make their hairstyles.

Some of the key players operating in the global dry shampoo market are The Unilever Group, The Procter and Gamble, Kao Corporation, The Estee Lauder Companies Inc., Shiseido Company Limited, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Revlon Inc., L’Oreal SA, and Coty Inc.

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Automotive Elastomers Market Emerging Trends And Competitive Landscape Forecast To 2024

Elastomers are materials made of polymers which are joined by chemical bond to acquire crosslinked structure. The property of elastomers depends upon the distribution and degree of the polymers chemical bond. The automotive elastomers are used to manufacture different automotive parts. The global automotive elastomers market is registering a good growth in the recent years and also anticipated to grow at a fast pace in the coming years. This is attributed to the increased usage of these elastomers in the automotive industry for wide variety of applications including front-end body panels, belts, hoses, and others.

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Based on application, the automotive elastomers market is segmented into tire and non-tire application. The tire application category is anticipated to dominate the market in the coming years, as 70% of the world rubber is consumed by the tire industry. The industry is witnessing a growth in world tire production due to the growth in automobile industry; hence tire production is among the major force driving the elastomers industry growth. At the same time, the improvement in the variety and quality of elastomers is enabling the tire industry to achieve its goal of providing control, safety, grip, comfort, and other features of tires.

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Asia-Pacific is projected lead the automotive elastomers market owing to the increasing demand of elastomers in the transportation and automotive industry. The region is emerging as one of the production hub of automobiles due to the cheap labor, presence of major players, and others, contributing in market growth. Also, the increasing purchasing power of people has triggered the automobiles demand in the region. Hence, a healthy growth prospect in the region’s automotive production is projected to increase the demand for elastomers in the region in the coming years.

Major companies in the automotive elastomers industry are anticipated to continue partnering or acquiring the regional manufacturers for the purpose of gaining strong foothold in the market. 3M Company, ExxonMobil, Bayer Material Science, Lanxess AG, Lyondell Basell, Daikin, DowDuPont Inc., BASF SE, Asahi Kasei, Huntsman Corporation, and LG Chem are some of the major players operating in the global automotive elastomers market.

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