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 Cast Polypropylene Films Market.

It was estimated prior to this unanticipated outbreak that the Cast Polypropylene Films 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.

Organic growth in various end-use industries of the market, especially in food & beverages industry coupled with its increasing applications in those industries is likely create healthy demand for the CPP films during the forecast period.

Cast polypropylene films are mainly used for packaging products. They are produced from a combination of various grades of PP polymer. They are available in various forms viz. metastable, twist wrap lamination and others for multiple applications.

Cast polypropylene films are significantly gaining popularity in the packaging industry owing to their various benefits, such as excellent heat seal strength, good thermal stability, good puncture resistance, high clarity and gloss, fair barrier properties, and low density.

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 general, metallic, retort, and others. The general cast polypropylene films are expected to maintain their supremacy in the market over the next five years, mainly driven by increasing demand for heat resistant packaging, and higher clarity of general CPP films when compared with the other products.

Based on the thickness type, the cast polypropylene films market is segmented as 20-30 microns, 31-50 microns, and above 50 microns. The 20-30 microns segment is projected to remain the dominant thickness type in the market during the forecast period, owing to its wider usage in the major end-use industry of the market i.e., food & beverages industry. 

In terms of regions, Asia-Pacific is likely to maintain its dominance and is estimated to be the fastest-growing region of the market during the forecast period. The region’s dominance in various end-use industries, such as food & beverages, textile, and pharmaceuticals, and among the key market for all the other end-use industries is the major factor behind the dominance of the region in the market.

Key Players:

Some of the major cast polypropylene film manufacturers are-

• Jindal Poly Films Limited
• Profol GmbH
• Manupackaging S.p.A.
• PT Panverta Cakrakencana
• Polibak Plastik Film Sanayi Ve Ticaret A.?.
• Mitsui Chemicals Tohcello, Inc.
• Tri-Pack Films Limited
• Polyplex Corporation Ltd.
• Copol International Ltd.
• Poligal S.A.

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 Calcium Stearate Market.

It was estimated prior to this unanticipated outbreak that the Calcium Stearate Market was expected to grow at a CAGR of 5.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The major factors contributing to the demand for calcium stearate in the market are the growing demand for PVC and other plastics, and rapid worldwide growth in the construction industry mainly in Asia-Pacific, during the forecast period.

Calcium stearate is essentially a carboxylate of calcium, considered as calcium soap and is a major component of some lubricants, surfactants, and many foodstuffs also. It is employed for various applications such as a highly preferable waterproofing agent, for prevention of efflorescence in the construction industry, for construction activities such as buildings and floors, when mixed with concrete, and also used in prefabrication industry in the form of powder in mortars, putties, and emulsion forms.

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 end-user industry type, the market is segmented as plastic & rubber, construction, personal care & pharmaceuticals, paper, and others. The construction segment is estimated to dominate the end-user industry in the market during the forecast period. For instance, in 2021, the governments of several countries such as India, China, the U.S., etc. are expected to increase the workforce to substantiate the projects that are currently on hold in 2020, which may fuel the growth of the construction segment in the market during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period; growth attributed to the growing presence of foreign companies, which has generated a huge demand for the construction of new buildings, offices, production houses, etc., boosting the construction sector growth in the regional market.  Further, India is estimated to occupy the world’s third-largest construction market position over the forecast period, owing to the estimated rise in availability of affordable housing in the country and government initiatives in infrastructure development such as housing to all and smart city plans. Moreover, despite the slowdown because of the pandemic outbreak, India’s potential growth in construction sector activities is estimated to fuel the growth of the calcium stearate market 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 calcium stearate market are-

• Baerlocher GmbH
• Barium & Chemicals, Inc.
• Corporación Sierra Madre
• Dover Chemical Corporation
• Hummel Croton Inc.
• Hunan Shaoyang Tiantang Additives Chemical Co. Ltd.
• Mittal Dhatu Rashayan Udyog
• Norac Additives LLC
• Peter Greven GmbH & Co. KG
• PMC Biogenix, 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 Biocides Market.

It was estimated prior to this unanticipated outbreak that the Biocides Market was expected to grow at a CAGR of 5.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The use of biocides in manufacturing soaps, cleansing conditioners, and face wash as preservatives and antimicrobial agents, is one of the factors, likely to accelerate the product demand in the market as consumers’ preferences are rapidly shifting towards high-quality ingredients with sanitizing and cleansing features for protecting themselves from any kind of skin infection. Further, other factors such as adoption of high-quality biocide solution by cosmetic industry players in manufacturing cosmetic products attributes to the growing competition in the industry, and rapid growth in the numbers of engaged manufacturers in the development of new products is expected to fuel the growth of the market during the forecast period.

Biocide is a microorganism or an active substance which is intended to destroy, inactivate or exert the controlling effect on harmful microorganisms which can cause damage to natural or manufactured materials, by chemical or biological synthesis, and exhibit excellent features such as high cleansing action, nontoxic nature, and high resonance with solvents making it compatible for various end-use industries.

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 halogen compounds, metallic compounds, organosulfurs, organic acids, phenolics, nitrogen, and others. Halogen compounds are estimated to be the major product type; their growth is attributed to their extensive usage in water treatment industry owing to the growing awareness on water quality standards, as it helps in eliminating organic and synthetic impurities, fueling the product demand in the market.

Based on the application type, the market is segmented as water treatment, food & beverage, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, and others. Food & Beverage application is estimated to witness significant growth rate over the forecast period. The growth of the segment is bolstered by the strict sanitary rules in the food & beverage sector. Factors such as rapid adoption of high-quality ingredients by the fast food industry players in an attempt to boost their brand image and enhance hygiene conditions for getting better rating, growing concerns on bacterial & viral infections, and rise in demand for quick acting and high-performance solutions, which are used in cleaning utensils made from iron, Teflon, stainless steel, and also helps in minimizing the contamination of food, are expected to fuel the growth of the market during the forecast period.

In terms of regions, North America is estimated to witness high growth rate in the market, during the forecast period. This growth is attributed to rapid shifting towards natural gas solutions. Natural gas is the cleanest fossil fuel which is utilized in upstream & downstream operations, and also used in various stages of production, whether in extraction, transmission, or storage. Factors such as the growing applications of natural gas in automobile, electrical, manufacturing, general, and water heating applications, attempt of industry players to capitalize on emerging trends in the market by fueling the eco-friendly and sustainability methods for strengthening brand image, and growing adoption of cleaner alternatives by customers, are expected to accelerate the natural gas demand, thereby fueling the growth of the biocides market during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the key players in the biocides market are-

• AkzoNobel
• Albemarle Corporation
• Baker Hughes Incorporated
• BASF SE
• BWA Water Additives
• Lonza
• Nalco Champion
• Solvay S.A.
• The Lubrizol Corporation
• Valtris Specialty Chemicals.

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 Aluminum Flat Products Market.

It was estimated prior to this unanticipated outbreak that the Aluminum Flat Products Market was expected to grow an impressive CAGR of 5.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Major factors such as increasing trends towards lightweight electric vehicles for performance advantages and decreasing greenhouse emission, growing demand in construction due to its maintenance free and corrosion resistive features, and many initiatives taken by the government, such as plastic recycling, imposing rules and regulations to cause deficiency of plastic waste generation attributed to the rising awareness regarding plastic pollution and its adverse effects on the environment are expected to fuel the growth of the market during the forecast period.

Aluminum flat products are basically made from flat rolling processing technique which converts an aluminum slab into a thin product or plate. These products are highly utilized for various purposes such as manufacturing of cans, automobile bodies, and equipment & machinery driving the growth of the aluminum flat products 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 product type, the market is segmented as flat bars, foil stock, fin stock, sheets, plates, circles, and others. Foil stock is estimated to witness significant growth rate in the market during the forecast period, attributed to the growing consumer preference toward convenient & lightweight packaging, safe packaging of products accompanied by increasing shelf life. These foil stocks are also used in the pharmaceutical industry because of their insulation properties as they provide resistance to light, oxygen, and moisture, protecting the drugs from any kind of contamination and deterioration, offering higher security to patients which is eventually fueling the aluminum flat products market.

Based on the end-use type, the market is segmented as building & infrastructure, automotive & transportation, consumer goods, equipment & machinery, electrical & electronics, packaging, and others. Aluminum flat products are lightweight in nature which provides better fuel efficiency as less energy is required for moving the vehicle owing to which, its usage in the automotive & transportation industry is estimated to increase in the coming years. Factors such as growing demand for public transport such as metro trains, buses, bullet trains, and other industrial transportation vehicles using these products so as to increase its efficiency, and the utilization of aluminum sheets in fuel tanks which prevents corrosion and chemical reaction with external materials are expected to accelerate the growth of the aluminum flat products market during the forecast period.

In terms of regions, Europe is estimated to register a high growth rate during the forecast period, attributed to the growing penetration of electric vehicles so as to decrease the emission of greenhouse gas and to contribute towards climate change in the regional market. The lightweight nature of aluminum gives advantage of reducing both of the manufacturing and operational cost of electric vehicles as lighter the car, lesser the need for batteries and power for traveling the same distance. This factor is one of the reasons for shifting of automobile manufacturers from steel to aluminum flat products for battery enclosures, fueling the growth of the market in the upcoming years. 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 aluminum flat products market are-

• Alcoa Corporation
• Aleris Corporation
• Arconic
• Constellium
• Hindalco Industries Limited
• JW Aluminum
• Maharashtra Metal
• Norsk Hydro
• Novelis
• UACJ Corporation

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 Carbon Fiber Prepreg Market.

It was estimated prior to this unanticipated outbreak that the Carbon Fiber Prepreg Market was expected to reach an estimated value of US$ 4.9 billion in 2026. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Carbon fiber prepreg is pre-pegged with catalyzed resins, such as epoxy, BMI, PPS, and PEEK. Carbon fiber prepregs offer excellent performance over other fiber prepregs with numerous advantages such as excellent weight reduction, high strength-to-weight ratio, high tensile and compressive strength, low coefficient of thermal expansion, and high fatigue resistance. Escalating demand for lightweight materials from key industries, such as aerospace & defense and automotive, owing to rapidly changing market dynamics with increased demand for lightweight and durable materials is likely to create new revenue pockets for prepreggers in this product category.

Despite several setbacks in the aerospace and automotive industries in 2019, the prepreg market participants somehow efficacious in maintaining their growth trajectory in the year. The outbreak of the pandemic was initially anticipated as a viable hitch, later transformed into an obstruction for survival for many stakeholders of almost all the end-use industries with aerospace and automotive proving to be its biggest victims.

The carbon fiber prepreg market is expected to mark a massive decline in 2020. The short-term impact on the market is evident in major players’ H1 2020 results with a massive plunge in revenue, huge loss, employee layoffs, cash-burnouts, production halt, etc. Nevertheless, the long-term outlook still seems hopeful with a gradual rebound in aircraft and automobile production, ultimately imprinting a positive impact on the market. Carbon prepreg accounts for more than a mammoth 80% of the total prepreg market.

Based on the end-use industry type, Stratview research has segmented the market as aerospace & defense, automotive, wind energy, consumer goods, and others. Despite the current glum scenario, the aerospace & defense is expected to push through, maintaining its dominance in the market till 2026. On the other side, the automotive industry is expected to turn the corner, healing at the fastest pace during the forecast period. Unabating demand for fuel-efficient vehicles, owing to rising concerns over the environmental pollution and an expected ramp-up in composite penetration in newer aircraft programs are likely to catapult the carbon fiber prepreg demand in the years to come.

Based on the product type, we have classified the market as epoxy prepreg, BMI prepreg, cyanate ester prepreg, phenolic prepreg, PPS prepreg, PEEK prepreg, polyimide prepreg, and other prepregs. Epoxy prepreg is likely to hold the throne in the market till 2026, whereas BMI prepreg is expected to heal at the fastest rate post the pandemic. Carbon fiber prepregs are generally used with epoxy resin systems for several crucial applications such as aircraft fuselage, wings, control surfaces, engine & nacelles, fan blades, and interiors.

All regions are expected to suffer from an enormous decline in 2020. In spite of the grave downturn, North America is projected to remain the largest market during the forecast period. The region’s dominance is attributed to several factors including a robust supply chain and presence of major tier players, OEMs, and Prepreggers. Aerospace & Defense is estimated to remain the biggest demand generator for carbon fiber prepreg in the region’s market.

Asia-Pacific is anticipated to log the quickest recovery in the market during the forecast period. The upcoming commercial aircraft program (C919), the opening of assembly plants in China by Boeing and Airbus, and an ongoing shift in assembly plants of automotive OEMs in the region from North America and Europe are likely to create healthy long-term demand for carbon fiber prepreg in the region.

Key Players:

The supply chain of this market comprises raw material suppliers, carbon fiber prepreg manufacturers, distributors, composite part fabricators, OEMs, and MRO companies. The key carbon fiber prepreg manufacturers include Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc., Solvay SA, Teijin Limited, Gurit Holding, Park Electrochemical, and Toray Industries, Inc. The formation of long-term contracts, application development, and development of innovative products are some of the key strategies adopted by the major players in order to gain a competitive edge in the market. The prevalent COVID-19 crisis has pushed leading players to realign their strategies to adapt to the need of the hour.