Tuesday 31 March 2020

Ceiling Tiles Market to Witness Steady Growth at 9.7% CAGR During 2019 - 2029 | Top Companies Rockfon, New Ceiling Tiles

Sales of ceiling tiles are projected to inflate at an unprecedented rate on the back of soaring demand from building & construction industry. The global ceiling tiles market will witness stellar growth at 9.7% CAGR over the forecast period (2019-2029). High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study.
“Consumers have greater predilection for environmentally-friendly ceiling tiles. Leading global producers are thus focused on manufacturing low-VOC (volatile organic compounds) ceiling tiles. Low maintenance of ceiling tiles will be an important booster to market growth,” concludes the FMI report.

Key Takeaways of Ceiling Tiles Market Study
  • Non-residential construction sector will remain the leading end-use area for ceiling tiles through 2029.
  • Sustainable ceiling tiles will gain paramount importance through the course of forecast period.
  • North America ceiling tiles market accounts for more than 31% revenue share.
  • The ceiling tiles market in Asia Pacific is set to exhibit noteworthy growth during the projection period.
Ceiling Tiles Market – Top Growth Drivers
  • Green retrofit activities are fueling the growth of ceiling tiles market, particularly in developed countries.
  • Consumers’ inclination towards green label products is surging the demand for ceiling tiles emitting low VOCs during production.
  • Soaring demand for aesthetic, soundproof interiors is stimulating the demand for ceiling tiles.
  • Stringent regulatory requirements against particulate emissions continue to underpin the global ceiling tiles market growth.
  • Ongoing rapid industrialization is supplementing the demand for ceiling tiles in emerging markets.
Ceiling Tiles Market – Key Restraints
  • Relatively high cost of installation is hindering the growth of ceiling tiles market.
  • Gaining substantial market share is challenging for market leaders in view of highly competitive landscape.
Competition Landscape of Ceiling Tiles Market

FMI’s comprehensive study covers prominent players of highly-competitive ceiling tiles market. Some of the industry leaders profiled in this report include, but are not limited to, Grenzebach BSH GmbH, Burgess CEP, Decorative Ceiling Tiles, Hyderabad Industries Limited (HIL), Armstrong World Industries, Rockfon, New Ceiling Tiles, and Byucksan Corporation. Market leaders continue to employ multifaceted strategies including product development, contracts and agreements along with growth-oriented expansion strategies for bolstering their credibility.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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Clinical Trials Landscape Market Expected to Witness a CAGR of 4.5% through 2019-2029

A new study of Future Market Insights (FMI) estimates the global spending on clinical trials in 2019 at ~US$ 90 Bn, recording a ~4% Y-o-Y over 2018. The healthcare sector is closing in on a new era of clinical trials, which are more engaged with patients, streamlined and connected. With development costs reaching record highs and patents approaching cliffs, companies are strengthening their R&D efforts to keep pace with change. Medical device and pharma giants are already eyeing better approaches for clinical trials, implementing a combination of their current systems and better technologies to ebb challenges in critical areas – orphan drugs and rare diseases.

The ubiquity digital technologies is evidently growing, as these (including but not limited to ingestible devices, sensors, and wearable health monitors) hold the potential to disrupt the aspects of clinical trials. Digital technologies are revolutionizing the antiquated process of new drug development, even as optimizing the way health data is collected, measured, and assessed.

According to the study, the clinical trials landscape is witnessing a paradigm shift toward patient centricity, in a bid to incorporate perspective of patients during the clinical trial design. Clinical trial sponsors have aligned their methods with the voice of patients, by launching communication channels during the study's execution. Key enterprises are adopting unconventional approaches by implementing site-centric method, using operational support systems and technology for bringing studies to the trial-naïve physicians.

Industry Sponsors Account for Majority Clinical Trial Spending
The most remarkable advances in medicine are realized from sponsorships of companies for clinical trials, in the anticipation of turning a profit. A notable percentage of clinical trials being conducted to support approval of vaccines, devices, or drugs, and track their safety, have been industry-sponsored in recent years.

The study estimates industry-sponsored clinical trials to account for ~60% of overall spending in 2019, and in the foreseeable future. Recent studies state that industry-sponsored trials yield positive results compared to academic-run trials, which also account for a significant share of clinical trial spending.

According to FMI, sponsors, such as academic institutes, research institutes and medical centers, are estimated to account for ~30% clinical trial spending in 2019. As the imperativeness of evidence-based therapies continue to be progressively emphasized, most of the randomized clinical trials are driven by the ability of developing profitable new therapies. Guidelines recommended by regulatory bodies for clinical trial enrichment, and risk-based monitoring are likely to lay the groundwork for more targeted approach toward cost-intensive clinical trials.

The study opines that North America and Europe will continue to lead the clinical trials landscape, collectively accounting for ~80% of global spending. These regions present a standardized and favorable environment for the clinical trials landscape, in light of their economic vigor that enables them to benefit from most of the technology disruptions prior to other nations. Pharmaceutical and medical device giants in these two regions are adopting AI for disrupting every stage of the clinical trial, which range from linking studies to eligible patients, to data collection and adherence.

According to the study, opportunities abound for conducting clinical trials in developing economies, such as in East Asia and South Asia, owing to the access to huge patient pool. Sponsors are likely to realize greater success in these regions as low government healthcare budgets represent cost-effective methods of providing patients with access to innovative therapies. Additionally, conducting clinical trials in these regions comes with other broader advantages, including pragmatic & efficient regulatory pathway, and tax incentives for conducting the trials.

The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029.

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Monday 30 March 2020

Large Industrial Displays Market Expected to Witness a CAGR of 8% through 2019-2029

Future Market Insights (FMI), in its latest study, outlines the growth trail of large industrial displays market for the forecast period 2019-2029. According to the report, large industrial displays sales reached ~1,347 thousand units in 2018, equaling revenues worth US$ 2,183 Mn. As large industrial displays defy the concepts of 'one-size-fits-all', manufacturers are hard pressed to offer highly customised and personalized products.

Surging demand for tracking the manufacturing process and reducing the supervisor workforce has been spectated in a multitude of industries. However, emerging technologies such as screen-less displays and projectors are likely to represent a threat to the steady growth of the large industrial displays market.

Screen-less certainly stands as the strongest threat to large industrial displays. Technological innovations are flooding the screen-less display mechanism, and FMI analyzes that its portability, energy & space efficiency, and convenience will be instrumental in creating a solid market value.

OLED over LED – the Shift is Underway

Future Market Insights' study finds that the large industrial displays market is likely to grow at a CAGR of approximately 8% through 2029. One of the key growth drivers is the loosening of budget strings of manufacturers for the development of organic light emitting diode (OLED) displays, which matches consumers' demand for lighter, thinner, and flexible displays. As innovation spawns in the landscape, curved OLED and transparent displays surface are likely to penetrate even cost-sensitive markets. However, during the course of the forecast period, LED-based large industrial display sales will continue to account for a major share of manufacturers' bottom-lines.

Opportunities galore for large industrial displays as identified by FMI's report with the emerging applications of flexible displays at commercial spaces, sports events, and governmental institutions for facilitating effective communication in 'high resolution'. As 'interactivity' remains at the forefront to attract the attention of target audience, digital signage technology has been increasingly incorporated for the display of crucial information in public spaces, corporate buildings, transportation systems, retail stores, and restaurants.

Key Players' 'Just-in-Time Manufacturing' Approach to Drive Sales Opportunities

Growth prospects for the large industrial displays, as the report opines, are high in the US. In addition, the integration of large industrial displays to ensure accuracy and efficiency in the electronic and automotive industry is likely to incite manufacturers to intensify the production capability. High concentration of key players in the US and their adoption of 'just in time' manufacturing approach – aimed at deploying custom-developed large industrial display in a shorter timeframe – is emerging as a strategic move.

The study identifies restraints that could possibly hamper the lucrative stride of the large industrial displays market. The high price tag attached to the OLED and LED displays is likely to cause reluctance among mid and small-sized industries for their adoption. Besides high acquisition cost, the study finds that large industrial displays also demand frequent maintenance cost for the detection of virus and malfunctions.

As design innovation sparks in, screen-less displays and projectors emerge as space-saving alternatives to large industrial displays. Projectors have a lower operational energy requisite as compared to large industrial displays, which further is likely to impede their adoption rate.

The business asset further offers an incisive outlook of the competitive landscape by discussing the key strategies of the market players. As per the study, there are a handful of key players and a large number of regional players, which leaves a wide window of opportunity for the new entrants. Manufacturers and suppliers of the large industrial displays emphasize on building a loyal clientele base since a majority of long-term contracts are likely to form from this segment.

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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Paper Cups Market Expected to Witness a CAGR of 4.0% through 2018-2027

Anticipated to reach a valuation of approximately US$ 8.4 Billion in 2019 and representing a moderate year-on-year growth rate, the global landscape for paper cups is expected to flourish, considering the ‘environment-friendly’ status because of its decomposable and biodegradable nature. Moreover, government regulations favoring environmental benefits will fuel the widespread adoption of paper cups, predicts Future Market Insights in its recent study on the global paper cups market.

“While the global sales revenue of paper cups is anticipated to witness a modest 4.1% year-on-year growth, the market study by FMI also estimates total volume consumption of paper cups to reach approximately 309,890 units in 2019,” a senior research analyst elaborates.

Foodservice Sector Goes ‘Green’

The foodservice sector is expected to witness lucrative investment and innovation opportunities, amidst the ‘go-green’ trend, wherein switching to environmentally conscious serving options are more than a blind business strategy. Manufacturers and brands are not just simply replacing foam and plastic lining with plant-based products or bioplastics; it is also being used as a way to be build brands. For instance, Smart Planet Technologies’ new coating formulation called EarthCoating for its new ‘reCUP’ is anticipated to remain fully compatible with conventional paper recycling systems.
“A visible paradigm shift to sustainability, combined with government initiatives and regulations calling for reduced carbon footprint, is providing a robust push to the sales of eco-friendly paper cups”, explains the senior analyst

Key Insights from the Report on Global Paper Cups Market
  • North America and Western Europe paper cups market are expected to remain the most attractive through the forecast period of 2018-2027, considering elevating demand in institutes and public places.
  • Public places are anticipated to be the key revenue generators for the global paper cups market. Moreover, increased installations of intelligent vending machines in such public places will continue to drive paper cups market. Technologically advanced paper cups vending machines, also equipped with smart interaction options are projected to gain traction in North America, Europe, and Asia Pacific.
  • Regulations resonating with banning single-use plastic products, including the new French law demanding disposable tableware made of a least 50% biologically-sourced materials that can be composted at home, could slow down the sales revenue of paper cups, considering plastic still accounts for over 27% of the global paper cups market, by material.
  • Questions over recyclability of paper cups, especially those lined with Polyethylene (PE) continue to loom large, considering its complex production process. Moreover, most coffee cups, contaminated with liquid, end up not being recycled—calling for special recycling plants. However, manufacturers of paper cups are increasingly replacing PE with Poly Lactic Acid (PLA)—a bioplastics, making paper cups completely bio-degradable.
  • On the basis of cup type, hot beverage cups, holding nearly 60 percent of the total market share, considering increasing demand for beverages including tea and coffee. Georgia-Pacific LLC, for instance, introduced a double-walled paper cup for with air pockets, for its hot beverages, to provide effective thermal insulation to users.
  • Hot paper cups with sleeves are an emerging trend, to keep the user’s hands well insulated. Moreover, brands are also using hot paper cups sleeves, made of textured paperboard, as an effective advertising tool in the form of designs and logos.
  • In terms of cup capacity, 150 to 350 ml represents the largest segment, representing nearly 47 percent of the total market share.
Key Trends Spotted in the Global Paper Cups Market
  • Consumer Convenience and ‘On-the-Go’ Cups continue to be critical growth driver. Manufacturers of paper cups are increasingly investing in expanding their product portfolios to cater to the growing demand from ‘on-the-go’ consumer generation, with a visible shift in designing, further resonating with consumer who craves portability and convenience. Steady development of vending machine technologies have paved way for ‘on-the-go’ cups, specifically for coffee beverages.
  • Manufactures are racing ahead to enhance the aesthetic appeal of the paper cups with increased emphasis on printed vending cups. For instance, Huhtamaki recently developed a new paper cup concept, which enhances its existing line of premium paper cups. Multi-color printing, increased focus on high quality printed designs, and engraving are anticipated to drive the paper cups consumption.
  • Manufacturers are increasingly adopting ‘smart’ technologies including labels and QR codes. For instance, Huhtamaki Oyj launched a disposable paper cup called Adtone cup—having heat activated thermo chromic label and a QR code.
Competitive Landscape Analysis: Forward Market Strategy Analysis

The global paper cups market represents a highly fragmented landscape, with tier-3 players including Genpack, LLC, Coveris Holdings S.A, Lollicup USA, Inc, among, contributing nearly 80-90 percent revenue to the global paper cups market, superseding tier-1 and tier-2 companies, contributing 5-10 percent revenue share, each.
As the intensity of competition in the global paper cups market remains high, manufacturers are projected to make efforts to expand their product offering to set their products apart from the competitors.
Apart from strategic collaborations, capacity expansion is the key forward market strategy adopted by key companies in global paper cups market. In August 2017, Dart Container Corporation invested over US$ 40 Mn in Michigan U.S. for its new innovation center, employing 136 people.
Georgia-Pacific LL is expanding its lumber production capacity along with paper recycling capability to reduce dependency on external supply of lumber for converting into consumer products.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact

Mr. Abhishek Budholiya
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Sunday 29 March 2020

Recordable Optical Disc Market to grow at -3.6% CAGR over 2019-2029 | FMI Report

The recordable optical disc market, which was valued at approximately US$ 3 Bn in 2018, is estimated to see bearishness in the coming years, as per the new report published by Future Market Insights (FMI). As per the report, revenues are likely to taper off at a CAGR of -3.6% during 2019-2029, as a general sense of obsoleteness looms large. The sluggishness is despite the reliance on optical forms for storage, according to FMI's research.

"Evolution of non-physical media with greater storage capabilities has led to marked decrease in consumer preference. The shift toward cloud-based suites is also pushing down the sales of recordable optical disc, as cloud storage provides an agile and reliable platform for data storage and accessibility." says the FMI report.

According to the report, emergence of prominent media-services providers, such as Spotify, Apple Music and TIDAL, started tugging on the popularity of recordable optical disc formats. Media service providers rewrote the rules of media consumption and the adoption rate of these media streaming services grew by leaps and bounds. Skyrocketing subscriber base of these prominent media service providers resulted in some major revenue dips for the recordable optic disc market, creating significant tribulations for market players to make effective sales pitches. 
The study opines that sales of recordable optical disc started plummeted in parallel with the growth of public and private cloud services- Amazon Web Services, IBM Bluemix and Microsoft Azure to name a few. These platforms offer excellent cloud services with extensive database storage, content delivery speed, and multiple other functionalities, helping online media streaming platforms to exponentially grow and expand. Such factors are foreshadowing a bleak future for recordable optical disc forms, unravels the research analysis.

'Manufacture-On-Demand' DVDs and Blu-Ray Discs- Marking a New Milestone for Growth

As per the report, the trend of 'manufacture-on-demand' DVDs and blu-rays of popular TV shows and movies is working in favor of the market players. For instance, Amazon exclusively sells a series of 'manufacture-on-demand' DVDs and blu-rays of popular Nickelodeon shows and movies. Moreover, popular media-services providers, such as Netflix, have also started bringing back popular TV series and movies in DVDs and blu-ray formats to treat their loyal subscribers, which in turn has resulted in a promising comeback for DVDs and blu-ray discs.
The report opines that blu-ray disc will continue being the top-seller, with revenues estimated to approach US$ 2 Bn in 2019. Optimum storage capacities with 'best-in-class' features remain two of the key selling points of blu-ray discs. Sales of recordable optical disc via online channels will continue to put offline channels in the shade. The convenience of choosing from multiple varieties and availing best deals and offers are two of the major growth pacesetters of online channels over offline, states the research study.

Professional Use of Recordable Optical Disc to Show Positive Leaps,

As per the report, media houses continue to rely on recordable optical disc formats for local storage, followed by software and IT ecosystems. Key players in the recordable optical disc market are focusing on incremental innovations that would further help them boost their sustenance in the market.
Apart from product features, brands are also focusing on nourishing the longevity of their recordable optical disc offerings via reflective layers. In addition, strategic partnerships seem to the best way forward for the brands to sustain with considerable revenue growth, states the research study. For instance, in 2018, Sony made the official announcement of optical disc archive system with support from the partner companies. Moreover, it also signed a definitive License agreement with Mitsubishi Chemical Media Co., Ltd. (MCM), which is aimed at rolling out new and advanced models of optical disc archive cartridges.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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Thursday 26 March 2020

Railway Fishplate Market Expected to Witness a CAGR of 3% through 2017-2029 | FMI Report

The global market for railway fishplate (US) or rail joint (UK), is anticipated to witness noteworthy growth in 2019, and reach a market value of around US$ 4,000 million, while registering a Y-o-Y growth rate of over 3%. Additionally, the global demand for railway fishplate is also expected to be influenced by the new rail lines installation across the globe. A new study by Future Market Insights (FMI) suggests that easy installation and cost effectiveness of railway fishplates than the conventional CRW method will remain the key growth influencers sustaining the revenues of railway fishplate market.

Increasing maintenance activities regarding passenger safety is estimated to be the key factor driving the growth of the global railway fishplate market during the forecast period. According to FMI's analysis, high-speed rail is an emerging trend in rail transport, and creates the requirement of insulated rail joints, expected to witness significant growth in the coming years.

On the basis of rail joint type, the insulated rail joints segment is foreseen to experience substantial growth. However, the common rail joints segment is anticipated to account for a dominating volume share in the global railway fishplate market. The insulated rail joints segment is expected to witness a growth of more than 4 percent during the forecast period, mostly driven by high speed rails and railway signalling systems. Based on the rail type, owing to increasing passenger and freight density, the heavy rails segment is expected to be a prominent segment in the railway fishplate market, accounting for more than 50% of the market share.

Developed Regional Markets Retain Lead, Rail Maintenance Projects Push Developing Markets

The railway fishplate markets in Europe and North America are expected to experience constant growth, since there are very less ongoing rail installation projects. Countries such as China, India, and Russia, are at the forefront in the railway industry, However, North America and Europe is expected to be prominent regions in terms of railway fishplate sales. Furthermore, China, along with India, is ascertained to witness substantial growth, owing to high railway network density and upcoming railway projects. In Latin America and the Middle East & Africa is expected to witness steady demand for railway fishplates.

In the recent past, the emerging economies of China and India have been growing at relatively higher rates as compared to other countries such as Brazil, Germany, and the US. This, in turn, is expected to create logistic requirements. Periodic maintenance of rail tracks is required, which is expected to surge the railway fishplate aftermarket. Importantly, in the coming years, the need for efficient and high-strength railway fishplates is expected to boost the demand for composite materials. These are some of the key factors fuelling the demand outlook for railway fishplate.

Key Vendor Insights – Railway Fishplate Market

Within the global railway fishplate market, players need to focus on changing requirement of demand side such as high strength and stiffness material and coping with trend of high speed rails. Railway fishplate market is expected to cater the majority of aftermarket front whereas OEM opportunity totally depends on the new upcoming railroad projects.

The report covers strategic profiles of some of the key manufacturers involved in the railway fishplate market, including Koppers Holdings, Inc., L.B. foster company, Unipart Rail Limited, Royal Infraconstru Limited, Taicang Zhongbo Railway Fastening Co. Ltd., Henry Williams Limited, N. Mohanlal Railtrack Pvt. Ltd., Linzhou Changda Railway Materials Co. Ltd., Anyang General International Co., Ltd. (AGICO), Bhaskar Industrial Developments Ltd, Monteferro of America, Jekay International Track Pvt Ltd, Surya Alloy Industries Ltd., Techma Engineering Enterprises Pvt. Ltd., Taicang Zhongbo Railway Fastening Co., Ltd., and Suthang Industrial Corporation, among others.

The global railway fishplate market poised to increase at over 3% CAGR during 2019-2029. Although the overall growth outlook remains passive over the forthcoming decade, FMI's analysis suggests sustained revenues owing to steady installations of railway fishplates for new as well as routine maintenance projects. 

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Wednesday 25 March 2020

Smart Shoe Market Projected to Register ~ 22.4% CAGR through 2027

Close to half a million pairs of smart shoes were sold in 2018, as indicated by a recent study of Future Market Insights (FMI). An average 22% Y-o-Y growth is envisaged for the revenue of smart shoe market, over the coming years. More than 1/3rd of the global sales of smart shoes is accounted by North America, followed by Europe. FMI's report prompts at significantly high potential for smart shoe market in APEJ.

Functionality & Feature Upgrade – Key to Succeed in Smart Shoe Industry

As increasing consumer proclivity for health and fitness related products has been elevating the prospects of smart wearables landscape, it is highly likely that smart shoes will also establish a firmer base in coming years. Functional capabilities of smart shoes tracking the data of running or walking, running routes, calories burned, and activity speed will continue to place smart shoes in today's desirable products category.

Other important technologies such as GPS navigation are also likely to uplift applicability of smart shoes in the tech savvy age. According to FMI's analysis, navigation shoes will remain bestselling in the smart shoe market, accounting for more than half of the global smart shoe sales. Step counting smart shoes are also cited as a popular category among consumers of smart shoes.

With leading manufacturers of smart shoes concentrating on enhancing overall customer experience by investing more efforts in improving the cushioning effect, stability, road-holding ability, breathability, shock absorption, and light weight, the report is anticipating more innovation in the smart shoe industry, translating into higher traction for innovative offerings in the smart shoe category.

Key Manufacturers of Smart Shoes Preferring Technological Collaborations, Targeting New Product Launches

The market is dominated by global brands such as Under Armour, Nike, and Puma among others. However, the study highlights that Chinese players have been strategizing on strengthening their market footprint, recently, boosting the level of competition further. Moreover, relatively smaller, private-label brands are securing their position in the global smart shoe market by offering competitively priced products, which is likely to emerge as a point of concern for industry giants in the long run.

From Nike's self-lacing sneakers launched a couple of years ago, followed by Li Ning's smart shoes enabled with military-grade motion sensors, in partnership with Xiomi, product innovation has been the most preferred developmental strategy among leading players. Over innovation, leading companies in smart shoe market are entering strategic partnerships with tech giants.

The strategic partnership between SR Max (SR Max Slip Resistant Shoes) and Sole Power, LLC to jointly develop self-charging smart work boots, and that between Genesis Rehab Services and Sensoria Fitness for the development of a smart footwear product for diabetes patients, mark some of the recent examples. Puma's relaunch of the oldest RS-Computer Shoes (2018) initiated a trend wave of launching older products in the category, with technological and feature upgrade.

The report has a dedicated section for strategic profiles of some of the most prominent players actively competing in the global smart shoe market landscape. A few among them include Puma, Under Armour, Adidas, Li Ning (Xiaomi), Nike, Salted Venture, Digitsole, Orphe, Powerlace, Intellinium, GTX Corp, Lechal Company, EasyJet, and E-Vone.


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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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Mr. Abhishek Budholiya
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Functional Films Market is projected to reach US$ 27.32 Bn by 2020 | FMI Report

With having published myriads of reports for global clients, Future Market Insights exhibits its expertise in the market research field. Our dedicated crew of professionals rides the wave of advanced technologies, such as artificial intelligence, and big data analytics, to project the adoption pattern and consumption trends regarding the market. A three-step quality check process - data collection, triangulation, and validation – is paramount while assuring the authenticity of the information captured.

Global Functional Films Market Report

The latest business intelligence study by FMI suggests that the global market size of Functional Films reached US$ xx Mn/Bn in 2015 (Base Year) and is anticipated to register US$ xx Mn/Bn by the end of 2020 with a CAGR of xx% from 2015 to 2020(Forecast period).The research study focuses on the drivers, restraints, opportunities and trends impacting the Functional Films Market. All the relevant vendors running in the Functional Films Market are examined based on market share and product footprint. Key players include 3M, Toray Industries, Inc., Nagase & Co. Ltd, Eastman Chemical Company, Tatsuta Electric Wire & Cable Co., Ltd
. The data associated with each market player includes:
  • Company Profile
  • Main Business Information
  • SWOT Analysis
  • Sales, Revenue, Price and Gross Margin

Purchase reports by today to avail discount offer!!!
Type-wise Segmentation Assessment:
  • Conductive
  • Optical
  • Adhesive
  • Water Soluble
End use-wise Segmentation Assessment:
  • Flat panel displays
  • Packaging
  • Construction
  • Electronics and semiconductors
  • Healthcare/pharmaceutical
  • Energy
  • Automotive

Regional Analysis
  • Asia Pacific Excluding Japan (APEJ)
  • North America
  • Japan
  • Western Europe
  • Latin America
  • Eastern Europe
  • Middle East and Africa (MEA)
The Functional Films Market research also takes into account the important countries that hold significant share in the respective regions, such as China, Taiwan, and South Korea, among others.


What does the Functional Films Market research holds for the readers?
  • Market segmentation assessment, including qualitative and quantitative research depicting the impact of economic and non-economic factors.
  • Breakdown of each Functional Films Market player as per mergers & acquisitions, R&D projects, and product launches.
  • Leading regions holding significant share in the global Functional Films Market along with the key countries.
  • One to one company profile of prominent stakeholders.
  • Critical study of each Functional Films manufacturer, such as market share, regional footprint, and product innovations.
The Functional Films Market research clears away the following queries:
  1. Why region holds the largest share in the Functional Films Market over the forecast period?
  2. Why are stakeholders shifting away from conventional methods for manufacturing Functional Films?
  3. In which year, the global Functional Films Market has the lowest Y-o-Y growth rate?
  4. At what rate has the global Functional Films Market been growing throughout the historic period 2014-2018?
  5. By end use segment, which segment currently leads the global Functional Films Market?
And many more…

Tuesday 24 March 2020

Polycarbonate Sheets Market Projected to Register ~ 4.3% CAGR through 2029 | FMI Report

The global polycarbonate sheets market had a valuation of US$ 1.5 Bn in 2018, as disclosed by a new report of Future Market Insights (FMI). Leading market players are banking on a higher adoption rate as a preferred thermoplastic material, driven by performance characteristics such as dimensional stability, thermal resistance, optical clarity, and high impact resistance. 

 “Leading polycarbonate sheet manufacturers are investing in bolstering their supply chain across Asia Pacific to leverage rising demand,” states the FMI report. 

Polycarbonate Sheets Market: Key Findings
  • The automotive components sector will display high growth; driven by the demand for eco-friendly materials and low weight components.
  • Cladding and roofing applications will exhibit high demand through 2029.
  • Adoption in the security screening sector will generate lucrative opportunities, driven by an upsurge in connectivity advancements.
  • Market gains will be concentrated in Asia Pacific. 
Polycarbonate Sheets Market: Key Driving Factors
  • Demand for polycarbonate sheets as an alternative to glass and acrylics is a key growth driver.
  • Superior physical properties associated with polycarbonate sheets are fueling market growth.
  • Lower carbon emission rates are a major influencer supporting production and adoption. 
  • Lower prices, smoother finish, and minimal maintenance costs in end-use applications are major drivers for global demand.
Polycarbonate Sheets Market – Key Restraints
  • Fluctuations in the prices of raw materials will be a key restraint to market growth during the projection period.
Competition Landscape of Polycarbonate Sheets Market

Some of the key players in the global polycarbonate sheets landscape that are covered in this study include, but are not limited to, Palram Industries, SABIC, Excelite, Trinseo, 3A Composites, Spartech, Arla Plast, Covestro, Mitsubishi Gas Chemical, Gallina India, and Evonik Industries. Leading manufacturers remain focused innovations for manufacturing processes. Manufacturers are investing R&D activities, mergers and acquisitions, to fix up a strong foundation in the global polycarbonate sheets market.


Explore Extensive Coverage of FMI’s Industrial Chemical & Materials Landscape
  1. Nitric Acid Market 
  2. Fluoropolymer Film Market
  3. Potassium Sulfate Market

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com



Slitter Rewinder Machine Market Estimated to Exhibit ~3.9% CAGR through 2028

The pace at which the converting industry is progressing over the recent years is cited as a clear factor boosting the scope of emergence of investment opportunities for converting firms. Moreover, a recently released market research intelligence by Future Market Insights projects that the consistently growing need for superior and technologically advanced product quality will continue to improve the sales prospects of slitter rewinder machines in the near future.
Increasing deployment of high-end converting machines over the recent past is likely to remain an important factor pushing the deployment opportunities for slitter rewinder machines worldwide.

“Projected for the global market valuation of over US$ 1 billion, the sales of slitter rewinder machines is likely to display more than 4% yearly growth in 2019,” says a senior research analyst at the company.

Center-surface and Surface Winder Machines to Buckle-up

With more than 50% share of the total revenue of slitter rewinder machines market at present, the center winder type of slitter rewinder machines continues to dominate. Although low price point has been the key driver for sales growth of this type of slitter rewinder machines over the years, it is more likely that this segment will witness a sluggish growth in revenue over the next few years, says the report.

However, attributed to a relatively superior control over the tension created in rewinding material, surface winder and center-surface winder types of slitter rewinder machines are projected to gather ground at a rapid pace, according to the report.

High Speed Converting Applications to Gain Momentum

High speed rewinding is constantly witnessing growing demand, subsequently pushing the sales of slitter rewinder machines operating at above 800 m/min. This remains the top selling segment in the speed category of slitter rewinder machines landscape that currently accounts for over 40% share in the total market value.
Whereas, the report positions 601-800 m/min as the next popular segment in slitter rewinder machines market.

Sustainability Issues Associated with Plastic to Shape Adoption Patterns

As presented in the report, paper and plastic converting applications continue to cumulatively cover a whopping 94% share in the market value. However, applications in plastic and plastic-based material converting are witnessing a strong challenge for further growth owing to the ascending environmental concerns across the globe. Paper has been projected for a significant incremental opportunity, as highlighted in the report.
As the challenges associated with the use of plastic films and plastic-based materials are raising sustainability concerns to a great extent, the demand for slitter rewinder machines in plastic converting applications is stagnated.
As a result, the sales of center slitter rewinder machines are falling. However, it is conversely pushing prospects of surface winder machines and center-surface winder machines used predominantly in paper converting applications. A few other prominent applications include converting of technical films and a range of pressure sensitive materials.

APEJ Continues to Reflect Hefty Investment Potential

With more than 35% of the total market value and a substantial incremental opportunity projection, APEJ remains the most lucrative region for penetration of slitter rewinder machines.

On the other side, North America and Western Europe hold a relatively similar share in the market value, representing the second highest performing regions in slitter rewinder machines marketplace.

Rampant expansion of plastic and packaging industries across developing Asian economies is prominently attributed to the growth of APEJ market for slitter rewinder machines.

Brisk growth in the demand for converting applications is identified to be a strong factor propelling the number of converting firms – thereby fueling the revenue growth of slitter rewinder machines market.
The flourishing paper industry in MEA is most likely to create lucrative deployment opportunities for manufacturers and suppliers of slitter rewinder machines in the region. The report indicates a moderate yearly revenue of MEA slitter rewinder machines market in and ahead of 2019.

A majority of the revenue share bracket for manufacturers belongs to Tier 2 players owing to their strong overseas presence and specialized offerings specific to the slitter rewinder machines market. The FMI report on global slitter rewinder machines landscape covers detailed profiles and a strategic outlook of a number of prominent companies falling in the Tier 1, Tier 2, and Tier 3 categories. For an amplified look at the latest happenings in the global marketplace and an insightful view of multiple industry facets related to the slitter rewinder machines market

More from Packaging Market Intelligence:
  1. Carbon Black For Packaging Market
  2. Transport Cases And Boxes Market
  3. Wine Barrel Market

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com




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