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

Mar 10,2021/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 Protein Engineering Market.

It was estimated prior to this unanticipated outbreak that the Protein Engineering Market was expected to grow at a CAGR of 12.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Protein engineering is the process of altering a protein sequence to attain a desired result such as increased stability to the temperature, organic solvents, and/or extremes of pH or a change in the substrate capacity. Protein engineering can be categorized by protein type into monoclonal antibodies, erythropoietin, interferons, vaccines, colony-stimulating factors, growth hormones, coagulation factors, and others. On the basis of products & services the market can be categorized into instruments, consumables, and software & services. On the basis of technology type, the market can be categorized into rational protein design and irrational protein design. Major end-user in the market are biopharmaceutical companies, contract research organizations, and academic research institutes.

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 products & services type, the market is segmented as instruments, consumables, and software & services. The instrument segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Technological advancements and the high price of mass spectroscopy and crystallography instruments are the major factors leading to dominance of the instrument segment.

Based on the protein type, the market is segmented as monoclonal antibodies, erythropoietin, interferons, vaccines, colony-stimulating factors, growth hormones, coagulation factors, and others. The monoclonal antibodies segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Increasing demand for monoclonal antibodies for the treatment of cancer, neurological diseases, and infectious diseases is the major factor behind its dominance.

In terms of regions, North America is estimated to be the largest market during the forecast period. Presence of well-established CROs, increasing investment towards R&D, and the availability of the latest techniques and instruments for drug discovery research are the major factors behind the dominance of the North American market.

Asia-Pacific is expected to be the fastest-growing market during the forecast period. Advancements in genomics and proteomics research and government initiatives and funding for protein-based drug research in key countries are the major factors behind the extra-ordinary growth of the region’s market.

09 March 2021, IndustryNewsGlobal // -- This new report from Stratview Research analyses the Aerospace Coatings Market over the trend period from 2011 to 2016 and forecast period from 2017 to 2022. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aerospace Coatings Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aerospace Coatings Market is no different. Derived from the previous market scenario, the Aerospace Coatings Market is likely to witness an impressive CAGR of 6.0% during 2017-22 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

• • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Market Share Analysis

Aerospace Coatings Market Share by Resin Type

The Aerospace coatings market is segmented based on resin type as epoxy, polyurethane, and others. Polyurethane is projected to remain the largest resin type in the aerospace and defense coating market during the forecast period of 2017-2022. This coating type is also likely to witness the highest growth during the same period. Abrasion resistance, chemical resistance, protection against UV rays, good wet look, and excellent adhesion to substrates at a relatively low cost are the key features that have escalated the demand for polyurethane coatings in the aerospace & defense industry. Furthermore, regulations for the reduction of volatile organic compounds (VOCs) and requirements for chrome-free inhibitors creates an additional demand for this coating type in the aerospace & defense industry.

Aerospace Coatings Market Share by Aircraft Type

The aerospace coatings market is further segmented based on aircraft type as commercial aircraft, military aircraft, and general aviation. Commercial aircraft has been the largest segment and is forecasted to remain the largest segment over the next five years as well. The segment is also likely to witness the highest growth during the forecast period, driven by increasing production rate of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; expected entry of upcoming aircraft, such as Comac C919; rising aircraft fleet; and higher M&A and re-branding activities in the airline industry.

Aerospace Coatings Market Share by Technology Type

The aerospace coatings market is also segmented based on technology type as liquid coatings and powder coatings. Liquid coating is projected to remain the largest technology type in the aerospace & defense coatings market during the forecast period, propelled by their better coverage, better metal protection, corrosion resistance, and an excellent smooth surface finish. Within liquid coatings, solvent-based coating is the most dominant technology whereas water-based coating is the fastest-growing technology because of its environmentally friendly nature.

Aerospace Coatings Market Share by End-User Type

Both OEM and MRO are expected to experience healthy growth rates in the aerospace & defense coatings market during the forecast period. Increasing aircraft production and increasing merger and acquisitions and re-branding activities are driving both segments.

Regional Insights

Asia-Pacific is expected to remain the largest and the fastest-growing market for coatings in aerospace and defense industry during the forecast period. Increasing passenger traffic in Asia-Pacific region, primarily in China and India, is driving the commercial aerospace industry. This would lead to the highest demand for coatings in the region. Additionally, the upcoming indigenous commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ is also pushing the demand for coatings in Asia-Pacific region.

Key Players

PPG Industries, Inc, Akzo Nobel N.V., The Sherwin-Williams Company, Mankiewicz Gebr. & Co., BASF SE, Hentzen Coatings, Henkel AG & Company KGaA, Hohman Plating & Manufacturing, and IHI Ionbond AG. are the key players in the aerospace & defense coatings market. Long-term contracts and new product development are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.

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 Industrial Insulation Market. 

It was estimated prior to this unanticipated outbreak Industrial Insulation Market will reach 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.

Industrial Insulation Market Insights

Industrial Insulation Market is likely to witness an impressive CAGR of 5.0% during the forecast period.  The growing demand for electricity due to the increasing population and industrialization in emerging economies is expected to govern the growth of the market, along with the rapid urbanization and stringent regulations for energy conservation in various industries such as chemical & petrochemical and cement, which are likely to boost the market demand during the next five years.

Market Share Analysis

Industrial Insulation Market Share: By Material Type

Based on the material type, the market is segmented as mineral wool, calcium silicate, plastic foams, and others. The mineral wool segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The unique properties of mineral wool such as low conductivity, noise reduction, and easy availability drive the growth of the segment. Also, its recyclability, low cost, and suitability for various end-use industries are expected to boost the demand for industrial insulation during the forecast period.

Industrial Insulation Market Share: By End-User Industry Type

Based on the end-user industry type, the market is segmented as power, chemical & pharmaceutical, oil & gas, cement, food & beverages, and others. The power industry segment is expected to remain the fastest-growing segment, owing to the increasing demand for electricity from growing population, urbanization, and industrialization in emerging economies such as China, India, and others.

Industrial Insulation Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing industrial insulation 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 widespread trend of industrial and urbanization in the region, along-with the growth of the chemical & petrochemical sector in the region, owing to the increasing demand for petrochemical-based products.

Mar 09,2021/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 Plating on Plastics Market.

It was estimated prior to this unanticipated outbreak that the Plating on Plastics Market was expected to grow at a CAGR of 8.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The major factors such as increase in product demand from various applications and growing demand for high performance & lightweight features in industries including automotive, electronics & electrical components, and domestic fittings, and economic benefits attained on producing components for these industries are expected to fuel the growth of the market during the forecast period.

Plating on plastic is considered as an effective means to protect a substrate against the corrosion forces and make it more damage resistant from chemicals used in the manufacturing process. For instance, plating on plastic is capable of increasing the strength and wear resistance of the substrate.

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 plastic type, the plating on plastics market is segmented as ABS, polycarbonate, PC/ABS, PEI-Ultem, PET, PBT, LCB, PEEK, PP, nylon, and others. ABS is highly considered for chrome plated plastics. The growth of the segment is attributed to its easy engraving and adhesive feature of key raw materials including copper, nickel, and chromic acid. Further, ABS is an amorphous blend of acrylonitrile, styrene, and butadiene, and is of low cost as compared to other plastic types and also, easy to metalize. ABS resins are mainly used to mold parts which require close dimensions offering high impact resistance, metal plating, and outstanding finishing of surfaces. The product offers good dimensional stability, low weight, good toughness & rigidity, low creep and acid & alkalis resistive features fueling the market growth during the forecast period.

Based on the application type, the plating on plastics market is segmented as automotive, domestic fittings, E&E, and others. Factors such as growing sales of automotive, which is positively influencing the demand for plating on plastics as it helps in improving the aesthetic appeal of the vehicle and is attracting mass consumers, accompanied by growth in lightweight plastics demand for an increased efficiency of fuel, and increasing emergence for decreasing automotive weight to lower the consumption of fuel are expected to fast-track the growth of the market during the forecast period.

In terms of regions, North America is estimated to account for the largest share of the market during the forecast period. The growth is attributed to the emergence of latest technologies including IoT solutions, robotics and virtual reality in consumer electronic products manufacturing for achieving efficient and less expensive production in the regional consumer electronics market during the forecast period. In addition, presence of some of the key players of consumer electronics manufacturers in the region is also expected to fuel the market growth in the upcoming years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. 

Key Players:

Some of the major players in the plating on plastics market are-

• Artcraft Plating and Finishing Company Inc.
• Atotech India Limited
• Bolta Werke GmbH
• C. Uyemura & Co. Ltd.
• COVENTYA Group
• Cybershield, Inc.
• Dixline Corporation
• Dow Chemical International
• Enthone
• Galva Decoparts
• Grohe AG

Mar 08,2021/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 Perfluoropolyether Market.

It was estimated prior to this unanticipated outbreak that the Perfluoropolyether 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.

Perfluoropolyether is basically a nonreactive and non-flammable fluorinated synthetic oil, in which every atom of carbon has been replaced by fluorine. It is of two different types, i.e. oil and grease, out of which, oil is highly used in various manufacturing sectors including automotive, chemicals, electronics, and aerospace.

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 Perfluoropolyether market is segmented as PFPE-K, PFPE-M, PFPE-Z, PFPE-Y, and PFPE-D. PFPE-Y is estimated to be the major product type in the market during the forecast period, owing to its cost-effective nature on comparing with its other counterparts. These fluids are utilized for various applications such as in gears, slides, bearings, where there is requirement for high-temperature elastomers compatibility, where performance of machines components are affected by heat, corrosion, solvents, toxicity, flammability, and can also be used as grease in various end-use industries including chemical, electronics, automotive, and data processing. They offer various excellent features such as thermal, chemical, electrical & solvent resistance, and are non-reactive with elastomers, metal, plastic and rubber, eventually accelerating the product demand in the market during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market, the growth is attributed to the rising number of low-cost airlines in the region during the forecast period. Factors such as the expansion of aerospace industry generating demand for lubricants, and the continuous expansion of manufacturing, automobile and other industrial sectors leading to high demand for cars, power tools and industrial equipment are expected to fuel the growth of the regional market in the upcoming years. Europe and North America are also expected to offer substantial growth opportunities during the forecast period. 

Key Players:

Some of the major players in the perfluoropolyether market are-

• Daikin Industries, Inc.
• FluoroTech USA
• IKV Tribology
• Klüber Lubrication
• M&I Materials Limited
• Miller-Stephenson Chemical Company
• Nye Lubricants
• Solvay S.A.
• TECCEM GmbH
• The Chemours Company.