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

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 Flat Steel Market.

It was estimated prior to this unanticipated outbreak that the Flat Steel Market was expected to grow at a CAGR of 5.3% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Flat steel is one of the two types of steel construction products, made from steel slabs and include plate, strip, hollow sections, large diameter welded pipe and structural beams.  

Flat steel products are classified into hot rolled sheets, cold rolled sheets, coated sheets and plates. They are widely used for making various finished products in various industries including automobile, domestic appliances, shipbuilding, and construction. 

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 process type, the market is segmented as basic oxygen furnace and electric arc furnace. Basic oxygen furnace held the larger share of the market in 2019, owing to its wider usage in steel production across the world due to its higher production rates, lower-residual element, and more powerful and effective process.

Based on the product type, the flat steel market is segmented as sheets & strips and plates. Sheets & strips are expected to remain the larger product type of the market during the forecast period, owing to their wider applications, such as in automotive body panels, domestic white goods, roofing and cladding materials, etc.

Based on the end-user type, the market is segmented as building & infrastructure, mechanical equipment, transportation, and others. The building & infrastructure segment is expected to remain the largest and the fastest-growing end-user of the market during the forecast period, owing to rapid growth in the construction industry with increasing usage of flat steel products in constructing residential & commercial buildings and in roads, ports, airports and railways.

In terms of regions, Asia-Pacific is expected to remain the dominant region in the market in the coming five years owing to the largest and the fastest-growing construction market in the region. Industrialization, urbanization, and increasing disposable income in the emerging economies will continue to propel the demand for flat steel in the region over the next five years. Organic growth of the automotive industry with increasing penetration of electric vehicle to reduce carbon emissions is also likely to boost the demand for flat steel product in the region. The region is also the largest exporter of crude steel along with flat steel products in the world with China and India being the top two producers in the world.  

Key Players:

Some of the major flat steel manufacturers are-

• ArcelorMittal S.A.
• China Baowu Steel Group Corp., Ltd.
• Nippon Steel Corporation
• Hesteel Group Company Limited
• POSCO
• Shougang Group Co., Ltd.
• JFE Steel Corporation
• Tata Steel Limited
• SSAB AB
• ThyssenKrupp AG
• Voestalpine AG.

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 Feed Enzymes Market.

It was estimated prior to this unanticipated outbreak that the Feed Enzymes Market was expected to grow at a CAGR of 9.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Feed enzymes are gaining significant traction as they help to reduce feed costs, increase the nutritional value of feed ingredients, improve the environment, all while maintaining or improving animal performance.

Feed enzymes are of different types such as phytase, protease, carbohydrase, and others. Phytase is the most preferred type as considered by the animal feed manufacturers and livestock producers to be used as an enzyme.

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 type, the market is segmented as phytase, protease, carbohydrase, and others. Being preferred by most of the animal feed manufacturers and livestock producers, phytase is estimated to hold the majority of the share of the segment during the forecast period. Usage of phytase in feed provides with some advantages such as it offers the highest activity at low pH; helps in improvement of bone health, body weight gain, enhances digestive efficiency by breaking down indigestible phytic acid and thus, acts as an aid in the release of digestible phosphorus, calcium, and other nutrients that aid the growth of animals.

Based on the source type, the feed enzymes market is segmented as microorganism, plants, and animals. The microorganism segment is projected to be the dominant type during the forecast period. Microorganisms are highly prominent and are the suitable hosts to produce enzymes that are stable and industrially important. Enzymes extracted from microorganisms play a significant role in the manufacturing of animal feed.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for feed enzymes during the forecast period. Factors driving the growth of the region’s market are the presence of a large livestock population (FAO 2016) and their growth rate, the increase in the number of feed mills in the region, which further reflects the growth in feed production, mostly in countries, such as India and Japan. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major players in the feed enzymes market are-

• BASF SE
• Dowdupont
• Koninklijke DSM N.V
• Bluestar Adisseo
• Cargill Incorporated
• Associated British Foods PLC
• Novozymes A/S
• Advanced Enzyme Technologies
• Kemin Industries Inc.
• Novus International Inc.

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 Feed Antioxidants Market.

It was estimated prior to this unanticipated outbreak that the Feed Antioxidants Market was expected to grow at a CAGR of 4.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Feed Antioxidants safeguard the feed nutrients in the feed such as vitamins, proteins, fats, pigments, and flavoring agents from deterioration which thus, give a nutrient security. Antioxidants are called as shelf-life extenders. The feed oxidization prevention is quite imperative as it can affect the animal health and performance.

Feed Antioxidants are of different types, such as synthetic and natural, that are used for various animals, such as poultry, cattle, swine, and pets.

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 type, the market is segmented as synthetic and natural antioxidants. The natural antioxidants segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The natural feed antioxidants segment is further segmented into carotenoids, tocopherols, botanical extracts, and vitamins. Manufacturers are attentive on developing innovative products to produce cheaper natural antioxidants with the aim to capture the market and leverage on this increasing demand, which is boosting the growth of the market for natural feed antioxidants.

Based on the animal type, the feed antioxidants market is segmented as poultry, cattle, swine, aquaculture, and pets. The poultry industry is estimated to dominate the market in the coming five years. On the other hand, the aquaculture segment has immensely contributed to the global food security, and with the claim for fish-based products increasing worldwide, the demand for fish feed antioxidants is also gradually increasing.

Based on the form type, the market is segmented as dry and liquid. The dry feed antioxidants segment is likely to lead the market during the forecast period. The dry form is also estimated to witness a higher demand among livestock farmers, as dry feed antioxidants are easy to mix with feed, store, and offer ease of handling.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing feed antioxidants 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 poultry, cattle, swine, and pets, which is generating huge demand for feed antioxidants and the presence of a large number of feed antioxidant 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 players in the feed antioxidants market are-

• Archer Daniels Midland Company
• BASF SE
• Bertol Company
• Cargill
• Koninklijke DSM N.V.
• Lallemand Animal Nutrition
• Novus International
• Oxiris Chemical
• Videka Company
• Zhejiang Medicine.

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 Fatty Amines Market.

It was estimated prior to this unanticipated outbreak that the Fatty Amines Market was expected to grow at a CAGR of 6.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Fatty Amines are nitrogen byproducts of alcohol, olefins, or unsaturated fats which are obtained from natural sources such as (fats and oils) or petrochemical raw materials. On the basis of type, fatty amines can be classified into primary, secondary, and tertiary. Fatty amines can also be classified on the basis of function type into emulsifiers, floatation agents, anti-caking agents, dispersants, corrosion inhibitors, chemical intermediates, and others. Fatty amines are used in a wide array of industries such as agrochemicals, oilfield chemicals, chemical processing, water treatment, asphalt additives, personal care, and others.

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 type, the market is segmented as primary, secondary, and tertiary amines. The primary amine segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Tertiary amine is expected to witness the highest growth during the forecast period. Increasing range of applications of tertiary amine is the major factor behind its extraordinary growth. Some of the key applications of tertiary amines are fabric softeners, surfactants, drilling muds, asphalt emulsifiers, and disinfectants/bactericides.

Based on the end-use industry type, the fatty amines market is segmented as agrochemicals, oilfield chemicals, chemical processing, water treatment, asphalt additives, personal care, and others. The agrochemicals segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Growing demand for increased productivity from the agriculture industry and rising food supply sustainability concerns are the major factors driving the dominance and growth of the agrochemicals segment.

In terms of regions, Asia-Pacific is estimated to be the largest and the fastest-growing market for fatty amines during the forecast period. Increasing focus of key economies such as China, Japan, and Thailand towards wastewater treatment infrastructure, along with increasing demand for fatty amines from personal care, beauty care, and agrochemicals is driving the growth of the region’s market. North America and Europe are also expected to offer lucrative opportunities in the global fatty amines market during the forecast period.

Key Players:

Some of the major Fatty Amines manufacturers are-

• Kao Corporation
• Nouryon
• Arkema S.A.
• Lonza Group Ltd.
• Solvay SA
• Evonik Industries AG
• Huntsman Corporation
• Volant-Chem Corp.
• Global Amines Company Pte. Ltd.
• India Glycols Limited
• Indo Amines Limited
• Procter & Gamble Co.
• ERCA SPA
• Qida Chemical Co.
• Limited
• Wuhan Obayer Science Co., Ltd.
• Ecogreen Oleochemicals GmbH

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 Extruded Polystyrene Market.

It was estimated prior to this unanticipated outbreak that the Extruded Polystyrene Market was expected to grow at a CAGR of 4.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Extruded polystyrene or XPS, majorly used as thermal insulator is a rigid foam manufactured from polystyrene extrusions, in the presence of foaming gas. Produced on extruding machines, this hard foam is a closed-cell foam material that offers distinguished properties aiding in moisture management, and resisting both water absorption and freeze cycles.

Extruded polystyrene is used in various applications such as foundation, wall, roof, and floor & ceiling for various end-use industries, such as residential and commercial. Increasing demand for construction activities due to growth in the residential and commercial infrastructure is likely to be the prime factor augmenting the growth of the market.

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 extruded polystyrene market is segmented as foundation, wall, roof, floor & ceiling, and others. In terms of value, foundation is estimated to be the largest as well the fastest-growing segment of the market. The energy lost through parts of a building such as walls or roofs accounts for a lower percentage as compared to the energy lost through the buildings’ foundation. As a result, foundation requires heavy insulation for prevention of energy losses and penetration of moisture into the foundation. Along with saving energy used for heating/cooling, XPS also strengthens the overall infrastructure because of its favorable properties such as high compressive strength and moisture resistance.

Based on the end-use industry type, the market is segmented as residential, commercial, and others. The residential segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Increase in demand for residential infrastructure development in the emerging countries, as XPS principally improves the insulation of buildings, is driving the growth of this segment.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing extruded polystyrene market during the forecast period. Increasing government and private sector investments in infrastructure development are likely to boost the construction market in countries such as India and China, creating lucrative growth opportunities. The growth of the market is also fueled by rapid urbanization 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 extruded polystyrene manufacturers are-

• BASF SE
• Synthos S.A.
• DuPont de Nemours Inc.
• Saint-Gobain Isover SA
• Knauf Gips KG
• Owens Corning Inc.
• TechnoNicol Corporation
• Austrotherm GmbH
• Ursa Insulation SA
• Penoplex SPB LLC
• Ravago Group
• Loyal Group.