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 Solder Flux Market.

It was estimated prior to this unanticipated outbreak that the Solder Flux 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.

Flux is a chemical cleaning agent that is used prior to and during the soldering process of electronic components onto circuit boards. It also protects the metal surfaces from oxidation and helps in soldering process by altering the surface tension of the molten solder. Based on the product type, solder flux can be categorized into rosin-based, water soluble, and no-clean. On the basis of industries served, it can be categorized into consumer electronics, automotive, telecommunications, 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 product type, the market is segmented as rosin-based, water soluble, and no-clean. The rosin-based segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Rosin-based solder fluxes are non-conductive, hard, and corrosion resistant and hence, holds the largest share of the pie.

Based on the end-use industry type, the solder flux market is segmented as consumer electronics, automotive, telecommunications, and others. Consumer electronics segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Increasing demand for technically advanced gadgets such as phone and tablets along with home appliances is the major factor behind the dominance of the consumer electronics segment.

In terms of regions, Asia-Pacific is estimated to be the largest market for solder flux during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for solder flux in the region. Cheap labor, low cost raw materials, and huge consumer base are the major features of the Asia-Pacific’s solder flux market. North America and Europe are also expected to witness a healthy demand for solder flux during the forecast period.

Key Players:

Some of the major players in the solder flux market are-

• Henkel
• Premier Industries
• MacDermid Alpha Electronics Solutions
• Indium Corporation
• Inventec Performance Chemicals
• KOKI Company Ltd.
• La-Co Industries Inc
• Shenzhen Tong fang Electronic New Material Co., Ltd.
• FCT Solder
• Johnson Matthey

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 Flexible Elastomeric Foam Market.

It was estimated prior to this unanticipated outbreak that the Flexible Elastomeric Foam 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.

Flexible Elastomeric Foams are products that are lightweight and open celled. They are usually employed for cushioning, filtration, and insulation purposes. Also, these foams are used for soundproofing to reduce the discordant levels of noise emitted from machines or enclosures. The product offers low-thermal conductivity and optimum water vapor diffusion resistance that makes it the ideal claimant for insulation purposes in mechanical installations.

Flexible Elastomeric Foams are of different types, such as NBR/PVC, EPDM, Natural Rubber, CR, and others, that are used in various end-use industries, such as HVAC, automotive & transportation, 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 natural rubber/latex, nitrile butadiene rubber/polyvinyl chloride (NBR/PVC), ethylene propylene dine monomer (EPDM), chloroprene (CR), and Others. The NBR/PVC segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Further, its exceptional properties such as resistance to swelling by acids, excellent fire performance, good fuel-resistance, and its moderate cost in comparison to other types of rubbers are driving the growth of this segment.

Based on the function type, the flexible elastomeric foam market is segmented as thermal insulation and acoustic insulation. The thermal insulation segment dominated the market in 2019, and is expected to remain dominant during the forecast period. Thermal insulation significantly reduces energy consumption across a broad spectrum of applications such as in solar piping, residential & commercial heating & ventilation piping, and AC and refrigeration piping, which is the key factor propelling the growth of this segment.

Based on the end-use industry type, the market is segmented as HVAC, automotive & transportation, and others. The HVAC segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The rising demand for HVAC in the construction industry is expected to drive the growth of this segment.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing flexible elastomeric foam 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 HVAC, automotive & transportation, and others, which is generating huge demand for flexible elastomeric foam and the presence of a large number of flexible elastomeric foam 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 flexible elastomeric foam market are-

• Armacell International S.A.
• Aeroflex
• Anavid Insulation Products
• ERA Polymers
• Hira Industries
• Huamei Energy-saving Technology Group
• Kaimann GmbH
• L'ISOLANTE K-FLEX
• NMC SA
• Rogers 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 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 Binders Market.

It was estimated prior to this unanticipated outbreak that the Feed Binders Market was expected to grow at a CAGR of 3.4% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Feed binders are the additives that are added to bind or hold the various feed ingredients together into stabilized feed form to improve the feed performance.

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 feed binder type, the market is segmented as clay, plant gums & starches, gelatin, molasses, lignosulphonates, hemicellulose, CMC & other hydrocolloids, wheat gluten & middlings, and others. The clay segment captured the largest share of the market in 2019, due to its high use in the aqua feed products, and is expected to maintain its legacy during the forecast period as well.

Based on the livestock type, the feed binders’ market is segmented as poultry, swine, ruminants, and other animals. In 2019, the poultry segment dominated the market. The growth of the segment is attributable to the increasing consumption of poultry products. The segment is likely to maintain its dominance during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing feed binders’ market during the forecast period, with China, India, Indonesia, Thailand, and Vietnam being the major countries, where meat products’ consumption is going to increase at a high rate in the coming years.

Key Players:

Some of the major feed binder manufacturers are-

The Archer Daniels Midland Company

• Avebe U.A.
• Borregaard ASA
• CP Kelco Inc
• Darling Ingredients Inc
• DuPont de Nemours, Inc
• Emsland Starke GmbH
• FMC Corporation
• Gelita AG
• Roquette Frères