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 Bread Improvers Market.

It was estimated prior to this unanticipated outbreak that the Bread Improvers 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.

A combination of ingredients that stimulate gluten and support to produce gas which assists and improves the processes of fermentation and dough kneading is known as bread improvers. They are used more often in grain mixes or breads with addition of fruit, seeds or nuts to a loaf to impart strength and volume.

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 ingredient type, the bread improvers market is segmented as emulsifiers, enzymes, oxidizing agents, reducing agents, and other ingredients. The emulsifier segment is expected to be the largest segment during the forecast period. Low cost, ability to reduce fat content in bakery products, ease of availability and its use in clean label products are the major factors driving the growth of the segment.

Based on the application type, the bread improvers market is segmented as bread, cakes, viennoiseries, and others. The bread segment is expected to remain the largest segment over the forecast period. Bread has been a staple food for large population around the world. With the growing global population and new products such as fortified and flavored breads, the demand for bread is increasing and hence, snowballing the demand for bread improvers, globally.

In terms of regions, Europe is estimated to be the largest market for bread improvers during the forecast period. The dominance of the European region in the bread improvers market is attributed to the higher consumption of bread products in countries, such as the UK, France, Spain, Italy, and Germany, as bread in the form of sandwiches, burgers, and buns is a part of the daily diet for consumers in these countries.

Key Players:

Some of the major players in the bread improvers market are-

• E.I Du Pont De Nemours and Company
• Archer Daniels Midland Company
• AB Mauri
• Ireks GMBH
• Oriental Yeast Co. Ltd.
• Fazer Group
• Corbion N.V
• Nutrex N.V
• Group Soufflet
• Puratos Group

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 Blowing Agents Market.

It was estimated prior to this unanticipated outbreak that the Blowing Agents Market was expected to grow at a CAGR of 5.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

A Blowing Agent is a substance which has the capacity to produce a cellular structure by a foaming process in different types of materials that go through the process of hardening or phase transition such as plastics, metals, and polymers. These blowing agents are usually applied when the blown material is in a liquid stage. The cellular structure in a matrix decreases the density, increasing thermal and acoustic insulation, while giving rise to the relative stiffness of the original polymer.

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 hydrochlorofluorocarbons, hydrofluorocarbons, hydro carbons, and others. HFC is estimated to lead the blowing agents market during the forecast period. The utilization of HFC blowing agent is rapidly increasing after the phase-out of HCFCs, the usage is quite higher, specifically in the developing regions. Factors such as cost-effectiveness and the low GWP, as well as ODP of blowing agents as compared to HCFC, is the major reason for increasing consumption of HFC blowing agent.

Based on the foam type, the market is segmented as polyurethane foam, polystyrene foam, phenolic foam, polyolefin foam, and others. Polyolefin foam is estimated to be the fastest-growing segment, whereas polyurethane foam is expected to have the largest share of the market for blowing agents by foam type, during the forecast period.

Polyurethane foam has several applications across the globe and is widely used for thermal insulation in buildings, household appliances, and transport systems. Further, it is also used in seating, bedding, carpet backing, electronic, computer, shoe soles, dash panel, and other applications. Hence, the constant demand for polyurethane foams for various applications in these industries is expected to drive the growth of the blowing agents’ market during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest blowing agents’ market during the forecast period, with China, Japan, India, South Korea, Thailand, and Indonesia being the major countries with lucrative growth opportunities. The increase in the usage of hydrocarbons, unsaturated HFCs, major production base of HCFC blowing agents situated in China, and other chemical blowing agents are the prime factors contributing to the growth of the market in the region during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the key players in the blowing agents’ market are-

• Arkema S.A.
• Daikin Industries, Ltd.
• DuPont de Nemours, Inc.
• Exxon Mobil Corporation
• Foam Supplies, Inc.
• Haltermann Carless Deutschland GmbH
• Harp International Ltd.
• Honeywell International Inc.
• Solvay S.A.
• The Linde Group

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 Bioplastics & Biopolymers Market.

It was estimated prior to this unanticipated outbreak that the Bioplastics & Biopolymers Market was expected to grow at a CAGR of 21.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Plastic materials produced from renewable biomass sources are known as bioplastics. They are generally made up of corn starch, straw, woodchips, sawdust, vegetable fats and oils, and recycled food waste and have vast applications in the packaging industry.

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 bioplastics & biopolymers market is segmented as non-biodegradable/bio-based and biodegradable. The bio-based segment is expected to register the larger share of the market, during the forecast period, driven by the increasing environmental concerns and stringent rules by the government to encourage the use of bio-based bioplastics.

Based on the end-use industry type, the market is segmented as packaging, consumer goods, automotive & transportation, textiles, agriculture & horticulture, and others. The packaging industry is expected to occupy the largest share of the market, during the forecast period, owing to the increasing demand to replace conventional plastics in the packaging industry to address environmental concerns.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing bioplastics & biopolymers market during the forecast period. Increasing population, purchasing power, and increasing preference of customers towards eco-friendly plastic products generate huge demand for bioplastics & biopolymers in the region, which is driving the growth of the region’s market.

Key Players:

Some of the major players in the bioplastics & biopolymers market are-

• NatureWorks
• Braskem
• BASF
• Total Corbion
• Novamont
• Biome Bioplastics
• Mitsubishi Chemical Holding Corporation
• Biotec
• Toray Industries
• Plantic Technologies

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 Bio-Lubricants Market.

It was estimated prior to this unanticipated outbreak that the Bio-Lubricants Market was expected to grow at a CAGR of 6.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Bio-Lubricants are triglyceride esters obtained from plant oil, animal fat or mineral oil?based products. Such lubricants are both rapidly biodegradable and non?toxic to humans and aquatic environments. The rising demand for eco-friendly products all across the globe is augmenting the demand for bio-lubricants. However, high cost in comparison to petroleum-based products might hinder the market growth.

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 vegetable oil, animal fat, and others. The vegetable oil segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of the vegetable oil segment is attributed to multiple applications, oxidative stability, and high performance. Growing concerns for wildlife conservation are also likely to boost the growth of vegetable oil over the animal fat segment.

Based on the application type, the market is segmented as hydraulic fluids, metalworking fluids, chainsaw oils, mold release agents, gear oils, two-cycle engine oils, greases, and others. The hydraulic fluid segment accounted for the largest share in 2019, owing to high demand from hydraulic elevators, sweepers, garage trucks, fork lifts, motor graders, and front-end loaders. This segment is estimated to maintain its dominance during the forecast period as well.

Based on the end-use industry type, the market is segmented as industrial, commercial transport, and consumer automobile. The industrial segment held the largest share of the market in 2019, and is expected to remain dominant over the forecast period. The dominance of the industrial segment is due to environmental regulations on the disposal of lubricants, ecolabels, and tax incentives for the use of bio-lubricants.

In terms of regions, North America is estimated to be the fastest-growing bio-lubricants market during the forecast period owing to various emission standards and the growing adoption of bio-degradable products. The growth of the market is driven by the evolution of various government initiatives to reinforce environmental regulation. Europe is also anticipated to offer significant growth opportunities over the forecast period, with Germany, France, Finland, Norway, and Italy being the major countries.

Key Players:

Some of the major players in the bio-lubricants market are-

• ExxonMobil Corporation
• Royal Dutch Shell Plc
• Total SA
• Chevron Corporation, BP Plc
• Albemarle Corporation
• Fuchs Petrolub AG
• Panolin AG
• Klüber Lubrication München Se & Co. Kg
• Emery Oleochemicals
• Binol Lubricants

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 Bioadhesives Market.

It was estimated prior to this unanticipated outbreak that the Bioadhesives Market was expected to grow at a CAGR of 10.00% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Bioadhesives are natural polymers, which render adhesion between two sperate materials. Protein and carbohydrate are the major substances used to make bioadhesives.

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 plant-based adhesives and animal-based adhesives. Plant-based adhesives dominated the market in 2019, and the segment is estimated to lead the market during the forecast period.  Starch, soy, corn, and maize-based adhesives are gaining traction owing to abundant raw material availability and low prices. In addition, increasing awareness along with consumer preference for bio-based products is likely to drive the market for plant-based adhesives during the forecast period.

Based on the application type, the market is segmented as paper & packaging, construction, woodworking, personal care, medical, and others. The paper & packaging segment led market in 2019, and is expected to maintain its dominance during the forecast period as well. The growth of the segment can be attributed to the use of paper in a wide array of applications, such as printed sheets, lamination, cigarettes and filters, flexible packaging, and specialty packaging. In addition, the growing paper & packaging industry in the emerging markets, such as Asia-Pacific and Latin America is expected to stir the growth of the segment over the forecast period.

In terms of regions, Europe is estimated to dominate the global bioadhesives market during the forecast period. This growth is owing to stringent government regulations regarding synthetic adhesives and rapid technological advancements associated with the usage of bio-based materials. North America was the second-largest consumer of bioadhesives, driven by the increasing initiatives by the environmental activists, such as Environment Protection Agency (EPA) and the Commission for Environmental Cooperation (CEC). Asia-Pacific, with China and India being the major growth engines, is also expected to offer promising growth opportunities during the forecast period.

Key Players:

Some of the major players in the bioadhesives market are-

• Henkel AG
• DuPont de Nemours, Inc.
• Ashland Global Holdings Inc.
• Arkema S.A.
• DaniMer Scientific LLC
• The Compound Company
• Cryolife Inc.
• Jowat SE
• Kollodis BioSciences, Inc.
• Tate & Lyle PLC