Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

Feb 25,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Marine Lubricants Market.

It was estimated prior to this unanticipated outbreak that the Marine Lubricants Market was expected to grow at a CAGR of 1.9% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Marine Lubricants are used to reduce friction and heat generation between the surfaces when the surfaces move. These are also responsible for transmitting forces, transporting foreign particles, or heating or cooling the surfaces while they are moving. The increased emission of harmful nitrogen and sulfur oxide into the sea has drawn attention of the lubricant manufacturers to adopt quick measures to continue their operations in the market. Less emission will lead to better quality and durability of marine lubricants used in ships, prolonging the service life of the mechanical equipment’s. All the technological advancements in the marine industry play a crucial role in the growth of marine lubricants.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the oil type, the market is segmented as mineral oil, synthetic oil, bio-based, and grease. The mineral oil segment held the largest share of the market in 2019, and is expected to register a moderate CAGR during the forecast period. The low cost and easy availability of mineral oil from crude extracts and their easy applicability in almost every marine application is driving the growth of this segment.

Based on the product type, the market is segmented as engine oil, hydraulic fluid, compressor oil, and others. The engine oil segment is expected to dominate the market during the forecast period because of huge size of engine, high consumption, and smaller drain intervals; the engine requires large amount of fuels and lubricants which are the key factors driving the growth of the segment.

Based on the ship type, the market is segmented as bulk carriers, tankers, container ship, and others. The bulk carrier segment is expected to dominate the marine lubricants market during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing marine lubricants market during the forecast period, because of the presence of the busiest ports in the region. Increasing trade activities and rising infrastructural developments in the shipping industry (in the form of increasing ports network) are responsible for the high demand for marine lubricants in the region.

Key Players:

Some of the major marine lubricant manufacturers are-

• BP plc
• Royal Dutch Shell plc
• Exxon Mobil Corporation
• Chevron Corporation
• Sinopec Corporation
• PJSC Lukoil
• Idemitsu Kosan Co., Ltd.
• Total S.A.

Feb 23,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Low Foam Surfactants Market.

It was estimated prior to this unanticipated outbreak that the Low Foam Surfactants Market was expected to grow at a CAGR of 5.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Low Foam Surfactants are the surface-active agents and generally used in cleaning detergents. The surfactants speed up the activity on the surface that helps in removing the dirt that is trapped on the surface.

Low Foam Surfactants are of different types, such as non-ionic, amphoteric, and cationic, that are used in various end-use industries, such as home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the market is segmented as non-ionic, amphoteric, and cationic. The non-ionic segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of non-ionic in household detergents, hard surface cleaners, and industrial processes is driving the growth of this segment. Non-ionic surfactants can be used in a variety of temperatures without compromising on their functionality.

Based on the end-use industry type, the low foam surfactants market is segmented as home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning. The home & personal care industry segment dominates the market as low foam surfactants are one of the essential ingredients required for detergents, cleaning products, skin care, hair care, ointments, gels, creams, and other cosmetic products.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing low foam surfactants market during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning, which is generating huge demand for low foam surfactants and the presence of a large number of low foam surfactant manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major low foam surfactant manufacturers are-

• AkzoNobel N.V.
• BASF SE
• Clariant AG
• Croda International plc
• Evonik Industries AG
• Galaxy Surfactants
• Huntsman Corporation
• Kao Corporation
• Oxiteno SA
• Stepan Company

Feb 22,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Laser Materials Market.

It was estimated prior to this unanticipated outbreak that the Laser Materials Market was expected to grow at a CAGR of 4.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Laser material processing is a technique which uses laser energy for modification of a material’s shape or appearance and it also provides various benefits such as the ability to quickly change designs, make products without any requirement for retooling, and also enhance the quality of finished products.

The major factors such as, increase in popularity of laser technology in medical surgery and advanced metal processing techniques, 3D printing accompanied by persistent requirements for improved communication, and directed-energy weapons in military & scientific applications, rising demand for better and improved mobility solutions accompanied by surging sales of electric vehicles globally, and the manufacturers developing innovative solutions for further integrating laser technology into military equipment are expected to significantly impact the production and fuel the growth of the market during the forecast period.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the market is segmented as plastic, glass, metal, ceramics, and others. Ceramic is estimated to witness significant growth rate in the market during the forecast period. It has become a feasible material in laser technology as it offers various excellent features such as low optical scattering, low thermal expansion coefficient, low dependence of index of refraction, toughness, and optical path length of temperature, due to which it is utilized in high-powered and solid-state lasers as a replacement to single crystals and glass to generate laser beams, fueling the growth of the laser materials market during the forecast period.

Based on the application type, the market is segmented as communication, materials processing, medical & aesthetic, instrumentation & sensors, lithography, optical storage, R&D military, and others. The materials processing segment is estimated to be the major application in the market, witnessing significant growth rate over the forecast period. The product is widely utilized in the material processing segment, in all types of metal fabrication such as welding, drilling, annealing, and cutting.

In terms of regions, Europe is estimated to hold the largest share of the market during the forecast period. The growth of the market is attributed to technological enhancements and developed market in the region. The major factors such as large investments made by the regional government and industry players in R&D activities, in order to serve their customers, presence of pre-dominant automobile manufacturing units accompanied by growing demand for commercial aircraft, and increasing healthcare and defense expenditures in various countries including Germany, Russia, Italy, France, etc. are expected to contribute in boosting the laser materials’ market growth in the regional market during the forecast period. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the key players in the laser materials market are-

• AGC Inc.
• BASF SE
• CeramTec GmbH
• Coherent Inc.
• Corning Incorporated
• Evonik
• GrafTech International Ltd.
• Mitsubishi Chemical Holdings Corporation
• Morgan Advanced Materials
• The Dow Chemical Company.

Feb 18,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Laminating Adhesives Market.

It was estimated prior to this unanticipated outbreak that the Laminating Adhesives Market was expected to grow at a CAGR of 7.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

With the increasing awareness about product safety, laminating adhesives are increasingly being used in specialty flexible packaging which are initially regarded as too expensive and not technically advanced enough for lamination. Laminating adhesives are used to bond laminated plastic films to other plastic film substrates, paper substrates, or metallic foil substrates in food, medical, and industrial packaging.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the technology type, the market is segmented as solvent-based, water-based, solventless, and others. Water-based laminating adhesive dominated the market in 2019, and is expected to remain dominant during the forecast period. Due to increasing concern on VOC emission from solvent-based laminating adhesives, water-based products are more preferred. Furthermore, water-based laminating adhesives are compatible with a wide range of substrates such as plastics, metallic films, natural and synthetic textiles, etc.

Based on the resin type, the laminating adhesives market is segmented as polyurethane, acrylic, and others. Polyurethane-based laminating adhesives account for the largest share as they offer excellent adhesion with plastics, textile, metal, rubber, leather, paper, wood, etc. They also offer good resistance to solvents and chemicals while providing excellent performance on heat-sensitive substrates.

Based on the end-use industry type, the laminating adhesives market is segmented as packaging, industrial, and automotive & transportation. Packaging accounted for the largest share of the market in 2019. The packaging industry has been witnessing the transition from rigid packaging to flexible packaging due to the latter’s advantages such as light weight, easy handling & transportation, longer shelf life, and smooth printability. As laminating adhesives are used in flexible packaging extensively; this development is expected to propel the laminating adhesives market.

In terms of regions, Asia-Pacific is estimated to remain the largest market during the forecast period. Significant growth in flexible packaging’s demand in Asia-Pacific with the changing lifestyle, growing middle-class population, and rising disposable income are expected to fuel the demand for laminating adhesives in the region.

Key Players:

Some of the major players in the laminating adhesives market are-

• Arkema S.A.
• Ashland Inc.
• COIM Group
• DIC Corporation
• DowDuPont Inc.
• Flint Group
• H.B. Fuller Company
• Henkel AG & Co. KGaA
• The 3M Company
• Vimasco Corporation
• Others.

Feb 17,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Laboratory Chemicals Market.

It was estimated prior to this unanticipated outbreak that the Laboratory Chemicals Market was expected to grow at a CAGR of 4.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Laboratory chemicals are the substance used for performing experimental procedures or to develop drugs or other chemicals. It must maintain its purity to be used in chemical analysis, chemical reactions, or physical testing.

Laboratory chemicals can be broadly classified on the basis of their hazard class which are flammables, oxidizers, corrosives (acidic or bases), highly reactive, extreme toxic, and low hazard.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the application type, the laboratory chemicals market is segmented as industrial, education, government, and healthcare. The industrial segment is likely to remain the largest application of the market during the forecast period, owing to wider usage of chemicals for industrial processes, such as for bromination, acid chloride preparations, carboxylation, ion-exchange reactions, cryogenic reactions, and nitration.

In terms of regions, Europe to maintain its supremacy in the market during the forecast period, with the Italy being the key growth engines of the region’s market. Asia-Pacific is expected to be the fastest growing market over the next five years, propelled by China and India. China is one of the largest markets for chemical industry in the world. 

Key Players:

Some of the major laboratory chemicals manufacturers are-

• Avantor, Inc.
• Becton
• Dickinson and Company
• Beckman Coulter Inc.
• BiosYnth S.r.l.
• CARLO ERBA Reagents S.r.l.
• GE Healthcare
• PanReac AppliChem
• Merck KGaA
• Meridian Life Science, Inc.
• MORPHISTO GmbH