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

Feb 23, 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 Marine Diesel Engine Market. 

It was estimated prior to this unanticipated outbreak Marine Diesel Engine Market will reach CAGR of 3.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Marine Diesel Engine Market Insights

Marine Diesel Engine Market is likely to witness a CAGR of 3.6% during the forecast period. Growing seaborne trade across developing economies and increasing demand for economically feasible units with features including fuel efficiency, durability and reliability, shifting inclination of consumers towards diesel engines along with increasing focus of shipping industry on system enhancement, and growing maritime tourism are some of the major factors fueling the market growth during the forecast period.

Market Share Analysis

Marine Diesel Engine Market Share: By Technology Type

Based on the technology type, the market is segmented as low speed, medium speed, and high speed. Low-speed technology is expected to witness significant growth rate in the market during the forecast period owing to the utilization of low-cost fuel, growing long voyage trade and increase in adoption of merchant vessels among others. Factors such as surge in thermal and oxidation stability properties, decreased cost and reduced polluting emission are the other considerable factors driving the market growth during the forecast period. On the other hand, medium-speed marine diesel engine is also estimated to register considerable growth during the forecast period on account of high thermal efficiency and wide application base.

Marine Diesel Engine Market Share: By Application Type

Based on the application type, the market is segmented as merchant, offshore, cruise & ferry, navy, and others. The merchant marine diesel engine market is estimated to register strong growth owing to growing long international voyage and rapid industrialization across the emerging economies during the forecast period. Factors such as technological improvements and ongoing investments in R&D with emphasis on superior product design are expected to boost the segment’s growth during the forecast period.

On the other hand, the offshore application segment is estimated to witness significant growth rate in the market during the forecast period. The growth of the segment is attributed to the growing awareness about environmental sustainability and increase in retrofitting activities of existing ships with the aim for installing clean engines along with reduction in carbon emission. Also, the cruise & ferry application is estimated to witness constant growth due to increase in purchasing power of consumers along with growing requirements for luxury and comfort.

Marine Diesel Engine Market Share: By Region

In terms of regions, North America is estimated to account for the major share of the market with the U.S. being the growth engine of the region during the forecast period. Factors such as increasing incidence of retrofitting activities owing to stringent government mandates coupled with increasing tourism within the Caribbean, growing import and export activities and increase in exploration activities, and ongoing investments toward ship building and booming demand for commercial vessels & battle forces are further expected to fuel the regional market growth over the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Feb 23,2021/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 Low Foam Surfactants Market.

It was estimated prior to this unanticipated outbreak that the Low Foam Surfactants 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.

Low Foam Surfactants are the surface-active agents and generally used in cleaning detergents. The surfactants speed up the activity on the surface that helps in removing the dirt that is trapped on the surface.

Low Foam Surfactants are of different types, such as non-ionic, amphoteric, and cationic, that are used in various end-use industries, such as home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning.

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 non-ionic, amphoteric, and cationic. The non-ionic segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of non-ionic in household detergents, hard surface cleaners, and industrial processes is driving the growth of this segment. Non-ionic surfactants can be used in a variety of temperatures without compromising on their functionality.

Based on the end-use industry type, the low foam surfactants market is segmented as home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning. The home & personal care industry segment dominates the market as low foam surfactants are one of the essential ingredients required for detergents, cleaning products, skin care, hair care, ointments, gels, creams, and other cosmetic products.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing low foam surfactants 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 home & personal care, agrochemicals, oil field chemicals, textiles, paints, pulp & paper, cement, and metal cleaning, which is generating huge demand for low foam surfactants and the presence of a large number of low foam surfactant 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 low foam surfactant manufacturers are-

• AkzoNobel N.V.
• BASF SE
• Clariant AG
• Croda International plc
• Evonik Industries AG
• Galaxy Surfactants
• Huntsman Corporation
• Kao Corporation
• Oxiteno SA
• Stepan Company

22 Feb 2021, IndustryNewsGlobal// -- This new report from Stratview Research analyses the Aerospace Seat Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aerospace Seat Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aerospace Seat Market is no different. Derived from the previous market scenario, the Aerospace Seat Market is set to grow at a CAGR of 4.7% over the next five years to reach US$ 6.0 billion in 2025 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

Aircraft Seat Market Share by Aircraft Type

On the basis of aircraft type, the aircraft seat market is segmented as narrow-body aircraft, wide-body aircraft, very large body aircraft, regional aircraft, and business jets. Narrow-body aircraft is projected to remain the largest segment of the market during the forecast period of 2020 to 2025. Market entry of new aircraft programs, COMAC C919, A321 XLR, and Irkut MC-21, and increasing production rates of key aircraft programs, such as the A320 family, are likely to be the growth engines of the narrow-body aircraft segment of the market during the forecast period.

Aircraft Seat Market Share by Seat Type

Based on seat class type, the market is segmented as first-class seats, business-class seats, premium-economy-class seats, and economy-class seats. The economy-class seat type is projected to remain the largest segment of the market in terms of units during the forecast period of 2020 to 2025; propelled by a large number of passengers traveled in the economy-class cabin and the growing number of LCCs (Low-cost carrier) across the world. Premium-economy-class and business-class seats are witnessing a greater adoption across the world and are growing at a faster pace than others.

Aircraft Seat Market Share by Component Type

Based on component type, the market is segmented as soft goods, metals, plastics, and composites, and electric. An aircraft seat is made with many small and mid-size components. The share of metal components to electrical components varies from aircraft to aircraft and from one seat-class type to another. For instance, a first-class seat includes a large number of electrical components to provide maximum comfort and wider functions to the passenger, whereas an economy-class seat can constitute little or no electric components.

Regional Insights

In terms of region, North America currently holds the largest share of the global aircraft seat market and is projected to remain the largest aircraft seat market during the forecast period. The region is the assembly base of all the commercial and regional aircraft programs of Boeing and Bombardier. Airbus has recently expanded its first assembly plant for its A320 in Alabama, the USA to increase the production of A320 to seven per month from five. Also, Airbus has started production of A220 in the same plant. The region also owns one of the largest commercial aircraft fleets in the world.

Key Players

The supply chain of this market comprises raw material suppliers, aircraft seat components suppliers, aircraft seat manufacturers, distributors, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies.

Some of the key players in the aircraft seats market are-

• Safran S.A.
• Collins Aerospace
• Stelia Aerospace
• RECARO Aircraft Seating GmbH & CO. KG
• Aviointeriors S.p.A
• Acro Aircraft Seating Ltd
• Thompson Aero Seating Ltd.
• Geven S.p.A.
• ZIM Flugsitz GmbH.

Long-term contracts and new product development are the key strategies adopted by major players to gain a competitive edge in the global market.

22 Feb 2021, IndustryNewsGlobal// -- This new report from Stratview Research analyses the Aerospace Seat Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aerospace Seat Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aerospace Seat Market is no different. Derived from the previous market scenario, the Aerospace Seat Market is set to grow at a CAGR of 4.7% over the next five years to reach US$ 6.0 billion in 2025 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

Aircraft Seat Market Share by Aircraft Type

On the basis of aircraft type, the aircraft seat market is segmented as narrow-body aircraft, wide-body aircraft, very large body aircraft, regional aircraft, and business jets. Narrow-body aircraft is projected to remain the largest segment of the market during the forecast period of 2020 to 2025. Market entry of new aircraft programs, COMAC C919, A321 XLR, and Irkut MC-21, and increasing production rates of key aircraft programs, such as the A320 family, are likely to be the growth engines of the narrow-body aircraft segment of the market during the forecast period.

Aircraft Seat Market Share by Seat Type

Based on seat class type, the market is segmented as first-class seats, business-class seats, premium-economy-class seats, and economy-class seats. The economy-class seat type is projected to remain the largest segment of the market in terms of units during the forecast period of 2020 to 2025; propelled by a large number of passengers traveled in the economy-class cabin and the growing number of LCCs (Low-cost carrier) across the world. Premium-economy-class and business-class seats are witnessing a greater adoption across the world and are growing at a faster pace than others.

Aircraft Seat Market Share by Component Type

Based on component type, the market is segmented as soft goods, metals, plastics, and composites, and electric. An aircraft seat is made with many small and mid-size components. The share of metal components to electrical components varies from aircraft to aircraft and from one seat-class type to another. For instance, a first-class seat includes a large number of electrical components to provide maximum comfort and wider functions to the passenger, whereas an economy-class seat can constitute little or no electric components.

Regional Insights

In terms of region, North America currently holds the largest share of the global aircraft seat market and is projected to remain the largest aircraft seat market during the forecast period. The region is the assembly base of all the commercial and regional aircraft programs of Boeing and Bombardier. Airbus has recently expanded its first assembly plant for its A320 in Alabama, the USA to increase the production of A320 to seven per month from five. Also, Airbus has started production of A220 in the same plant. The region also owns one of the largest commercial aircraft fleets in the world.

Key Players

The supply chain of this market comprises raw material suppliers, aircraft seat components suppliers, aircraft seat manufacturers, distributors, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies.

Some of the key players in the aircraft seats market are-

• Safran S.A.
• Collins Aerospace
• Stelia Aerospace
• RECARO Aircraft Seating GmbH & CO. KG
• Aviointeriors S.p.A
• Acro Aircraft Seating Ltd
• Thompson Aero Seating Ltd.
• Geven S.p.A.
• ZIM Flugsitz GmbH.

Long-term contracts and new product development are the key strategies adopted by major players to gain a competitive edge in the global market.

Feb 22,2021/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 Laser Materials Market.

It was estimated prior to this unanticipated outbreak that the Laser Materials Market was expected to grow at a CAGR of 4.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Laser material processing is a technique which uses laser energy for modification of a material’s shape or appearance and it also provides various benefits such as the ability to quickly change designs, make products without any requirement for retooling, and also enhance the quality of finished products.

The major factors such as, increase in popularity of laser technology in medical surgery and advanced metal processing techniques, 3D printing accompanied by persistent requirements for improved communication, and directed-energy weapons in military & scientific applications, rising demand for better and improved mobility solutions accompanied by surging sales of electric vehicles globally, and the manufacturers developing innovative solutions for further integrating laser technology into military equipment are expected to significantly impact the production and fuel the growth of the market during the forecast period.

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 plastic, glass, metal, ceramics, and others. Ceramic is estimated to witness significant growth rate in the market during the forecast period. It has become a feasible material in laser technology as it offers various excellent features such as low optical scattering, low thermal expansion coefficient, low dependence of index of refraction, toughness, and optical path length of temperature, due to which it is utilized in high-powered and solid-state lasers as a replacement to single crystals and glass to generate laser beams, fueling the growth of the laser materials market during the forecast period.

Based on the application type, the market is segmented as communication, materials processing, medical & aesthetic, instrumentation & sensors, lithography, optical storage, R&D military, and others. The materials processing segment is estimated to be the major application in the market, witnessing significant growth rate over the forecast period. The product is widely utilized in the material processing segment, in all types of metal fabrication such as welding, drilling, annealing, and cutting.

In terms of regions, Europe is estimated to hold the largest share of the market during the forecast period. The growth of the market is attributed to technological enhancements and developed market in the region. The major factors such as large investments made by the regional government and industry players in R&D activities, in order to serve their customers, presence of pre-dominant automobile manufacturing units accompanied by growing demand for commercial aircraft, and increasing healthcare and defense expenditures in various countries including Germany, Russia, Italy, France, etc. are expected to contribute in boosting the laser materials’ market growth in the regional market during the forecast period. 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 laser materials market are-

• AGC Inc.
• BASF SE
• CeramTec GmbH
• Coherent Inc.
• Corning Incorporated
• Evonik
• GrafTech International Ltd.
• Mitsubishi Chemical Holdings Corporation
• Morgan Advanced Materials
• The Dow Chemical Company.

22 Feb 2021 – IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Aircraft Fuel Systems Market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aircraft Fuel Systems Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aircraft Fuel Systems Market is no different. Derived from the previous market scenario, the Aircraft Fuel Systems Market is likely to reach US$ 7,059.1 million in 2024 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  

Aircraft Fuel Systems Market Share Analysis

Aircraft Fuel Systems Market Share by Aircraft Type

The aircraft fuel systems market is segmented based on the aircraft type as Commercial Aircraft, Military Aircraft, and Unmanned Aerial Vehicle. Commercial aircraft is expected to remain the largest segment of the aircraft fuel systems market during the forecast period. Increasing commercial aircraft deliveries, higher demand for fuel-efficient aircraft, and rising aircraft fleet size are key growth drivers of the segment’s market. Boeing anticipated that approximately 44,040 commercial and regional aircraft will be delivered from 2019 to 2038. A320 family, B737, B787, and A350XWB would remain the growth engines of the market. The UAV segment is also projected to witness the highest growth over the next five years, propelled by increasing investment for the development of UAVs across the world.

Aircraft Fuel Systems Market Share by Engine Type

The aircraft fuel systems market is also segmented based on the engine type as Jet Engine, Turboprop Engine, Helicopter Engine, and UAV Engine. The jet engine is expected to remain the growth engine of the aircraft fuel systems market during the forecast period, driven by a higher penetration in the commercial and regional aircraft.

Regional Insights

In terms of regions, North America is projected to remain the largest aircraft fuel systems market during the forecast period, driven by the USA. The region is the manufacturing capital of the aerospace industry with the presence of several large- to small-sized aircraft manufacturers, MRO players, tier players, and raw material suppliers. The North American aerospace industry is well-developed and possesses strong technological capabilities.

Asia-Pacific is the fastest-growing market for aircraft fuel systems during the same period, driven by high commercial aircraft fleet, indigenous production of commercial and regional aircraft, the opening of assembly plants in China by both major commercial aircraft OEMs (Boeing and Airbus), and increasing the defense budget. China and India are the key growth engines of the Asia-Pacific’s aircraft fuel systems market.

Key Players

The supply chain of this market comprises raw material suppliers, component manufacturers, fuel system suppliers, engine OEMs, aircraft OEMs, MRO companies, airline companies, and aircraft leasing companies. Eaton Corporation Plc, Parker Hannifin Corporation, Collins Aerospace, Triumph Group, Woodward, Inc., GKN Plc (GKN Aerospace), Honeywell International, Inc, Safran (Zodiac Aerospace), and Meggitt Plc are the key players in the aircraft fuel systems market. Formation of the long-term contracts, the development of lightweight components, and collaboration with customers are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.