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 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 Aircraft Interior Sandwich Panel Market.

It was estimated prior to this unanticipated outbreak that the Aircraft Interior Sandwich Panel Market reach US$ 1,367.6 million in 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Aircraft Interior Sandwich Panel Market Segment Insights:

By Aircraft Type:

Narrow-body aircraft is estimated to maintain its unassailable lead in the market in the foreseeable future. The aircraft body type is likely to make the fastest comeback with the resumption of domestic air travel in various parts of the world. The market entry of COMAC C919 and Irkut MC-21 is likely to further substantiate the demand in the years to come.

By Application Type:

The aircraft interior sandwich panel market is segmented as floor panel, sidewall panel, ceiling panel, stowage bin panel, galley panel, lavatory panel, and others. Floor panel is estimated to maintain its lead in the market over the next five years, propelled by thicker panels used in the floor as it is more prone to load and impact, coupled with increasing demand for panels in the aftermarket.

By Core Material Type:

The market is segmented as nomex honeycomb, aluminum honeycomb, and others. Nomex honeycomb addresses most of the prerequisites of the aircraft interior applications, such as high mechanical property and high FST performance. Excellent strength-to-weight ratio; an excellent corrosion resistance against water, oil, and fuel; high-temperature capabilities; easy formability; and good dielectric properties are other advantages.

By End-User Type:

The market is segmented as OE and aftermarket. The OE segment held a larger share of the market in 2019. Commercial aircraft (narrow-body, wide-body, and very large-body aircraft) account for most of the OE as well as aftermarket demand for sandwich panels. 800+ airlines are active worldwide, generating a strong replacement demand for sandwich panels. North America is the workhorse for the OE market, whereas Asia-Pacific is for the aftermarket.

By Region:

North America is expected to remain the largest market over the next five years. The region is holding the largest fleet of regional aircraft and general aviation, ensuring strong retrofit demand. Resumption of production of B737 Max at a low rate, with gradual plans to ramp-up production, further contributes to the demand for sandwich panels in the region. Asia-Pacific to be the fastest-growing market in the post-pandemic scenario, driven by China, Japan, and India.

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 Sleep Mask Market. 

It was estimated prior to this unanticipated outbreak Sleep Mask Market will reach 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.

Sleep Mask Market Insights

Sleep mask market is likely to witness an impressive CAGR of 4.5% during the forecast period. Growing travel and tourism industry along with the increasing number of people having sleeping disorders as a result of fluctuating climate patterns and hectic lifestyle is the prime factor contributing to the demand for sleep masks. Further, an increasing number of travelers opting for long tours, require to sleep while flying during daylight hours due to differing time zones, also fuels the growth of the market. With the growth in industrialization and rise in economic activity that provides workers to work in night shifts, such as business process outsourcing (BPO) professionals, nurses, engineers, and security guards also require sleep masks which have been gaining traction among different regions of the world.

Market Share Analysis

Sleep Mask Market Share: By Product Type

Based on the product type, the market is segmented as regular, contoured, wrap around, and others. The regular sleep mask segment held the largest share of the market in 2019. Regular sleep masks create a perfect dark environment and shield eyes from all sources of light such as, lamp, television, laptop, and natural lights, along with providing sound sleep to consumers. The popularity of regular sleep masks is mainly because it is convenient to carry, owing to which it is expected to lead the market during the forecast period.

Sleep Mask Market Share: By Distribution Channel Type

Based on the distribution channel type, the sleep mask market is segmented as offline and online. The offline segment held the larger share of the market in 2019. The dominance of the segment is mainly due to an increasing number of supermarkets and hypermarkets offering more options for consumers to make a perfect purchase decision.

Sleep Mask Market Share: By Region

In terms of regions, North America is estimated to be the largest market for sleep masks during the forecast period, with the USA, Canada, and Mexico being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by an increasing number of individuals suffering from sleep disorders such as insomnia and sleep apnea in the region.

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 Bamboo Toothbrush Market. 

It was estimated prior to this unanticipated outbreak Bamboo Toothbrush Market will reach CAGR of 8.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Bamboo Toothbrush Market Insights

Bamboo Toothbrush market is likely to witness moderate CAGR of 8.7% during the forecast period. The prime factor contributing to the demand for bamboo toothbrush is mainly the increasing usage of eco-friendly, biodegradable alternative of plastic toothbrushes.

Market Share Analysis

Bamboo Toothbrush Market Share: By End-Use Type

Based on the end-use type, the market is segmented as adults and kids. The adults segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. Adults are more aware about harmful effects of plastic and adults’ toothbrushes are easier to mass produce. The natural, eco-friendly and organic nature is driving the growth of this segment.

Bamboo Toothbrush Market Share: By Distribution Channel Type

Based on the distribution channel type, the market is segmented as online and offline. The online market dominates the market, as buying from online portal gives a wide range to choose from with less retail price and great discounted offers. Further, online is a great platform to launch new products in big scale without extra cost of distributor and inventory.  All these factors are propelling the growth of the segment during the forecast period.

Bamboo Toothbrush Market Share: By Region

In terms of regions, North America is estimated to be the largest, whereas Asia Pacific will be the fastest-growing bamboo toothbrush market during the forecast period. These countries have large customer base whose population are aware of oral hygiene and adoption of biodegradable and eco-friendly dental care products. Major manufacturers such as The Humble Co., Colgate-Palmolive Company, Bamboo Brush Co., Brush with Bamboo, Simply Bamboo, and Environmental Toothbrush are launching new products in these regions to gain maximum customer penetration across the market.

The unforeseen movements in the worldwide business sectors in light of the abrupt flare-up of the COVID-19 infection have carried many major and minor quakes to ventures of all sizes including the Aircraft Health Monitoring System Market.

It was assessed before this unexpected flare-up that the Aircraft Health Monitoring System Market was probably going to observe a great CAGR of 7.3% during the conjecture time frame. Nonetheless, the continuous easing back down of businesses will without a doubt force limits on the recently assessed development rate. The airplane wellbeing checking framework market is one of the quickest developing frameworks in the airplane business and is probably going to develop at a better than expected development pace of the general airplane industry (7.3% versus 3.5%) throughout the following five years.

Aircraft Health Monitoring System Market Segment Insights:

By Aircraft Type:

Restricted and wide-body airplane overwhelm the market and are assessed to remain the main airplane portions throughout the following five years too.

By Installation Type:

It is assessed that the locally available fragment is probably going to portray a higher development during the conjecture time frame, impelled by the establishment of various wellbeing observing framework parts, for example, sensors, correspondence frameworks, and flight information the board frameworks, with an intend to give an expanded traveler security and decrease MRO cost.

By Region:

North America is required to remain the biggest market for airplane wellbeing checking frameworks in the coming five years, though Asia-Pacific is probably going to observe the most noteworthy development during a similar period. The USA is the development motor of the North American market. Essentially, China, Japan, and India are the critical wellsprings of development in the Asia-Pacific's airplane wellbeing checking framework market. Considerable development in air traveler and cargo traffic in China and India are convincing airplane makers and level players to open their assembling plants in the district. This, thusly, will provoke a sound interest for airplane wellbeing observing frameworks in Asia-Pacific during the estimate time frame.