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 Splicing Tapes Market.

It was estimated prior to this unanticipated outbreak that the Splicing Tapes Market was expected to grow at a CAGR of 2.4% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Splicing tapes are used to join the end of a web of material to the beginning of a new web, or roll of material, making a manufacturing process continual. This helps eschew valuable down time rethreading the new roll through the machine or press. There is a high demand for splicing tapes in the paper & printing and packaging industries owing to the increase in population and digitalization trends across the globe. Packaging and labeling industry, a major application area of splicing tapes is creating huge opportunities in the market, owing to increase in online shopping trends, which is in turn, propelled by high digitalization. Paperboard packaging is gaining consumer’s diversion due to their effective solutions in food & beverages, healthcare, manufacturing, personal care, and other industries which is another factor driving the splicing tapes 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 backing material type, the market is segmented as paper/tissue, PET/polyester, non-woven, and others. The paper/tissue segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. These relatively thin and smooth splicing tapes are suitable for paper & printing application. The paper/tissue properties depend majorly on the raw material quality. The demand for raw material also depends on duration and area of application of the splicing tape.

Based on the application type, the market is segmented as paper & printing, electronics, packaging, labeling, and others. The paper & printing segment dominates the market, and the tapes used in this application can be single-sided or double-sided and re-pulpable and non-repulpable. Splicing tapes are used for flexographic printing, end tabbing, permanent overlapped splices, paper for packaging application, and others. Splicing tapes’ main application is in the paper industry, where they are used during production of paper.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing splicing tapes market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The paper & printing and packaging sectors are growing rapidly in tandem with the rising population, which is a major factor driving the region’s market. Currently, China is one of the largest pulps and paper product manufacturers in the world, and the Chinese manufacturers are creating a highly competitive environment for international trade of paper products by consistently investing in the latest paper manufacturing infrastructure. Manufacturers in the country use numerous advanced technologies and machinery in order to come up with the end products of splicing tapes using different backing materials. The more developed markets such as the US, Germany, Japan, and the UK, are likely to witness staggering growth during the forecast period.

Key Players:

Some of the major splicing tape manufacturers are-

• Tesa SE
• The 3M Company
• Nitto Denko Corporation
• Avery Dennison Corporation
• Intertape Polymer Group, Inc.
• Scapa Group PLC (UK)
• Shurtape Technologies, PLC
• ECHOtape
• Adhesive Research, 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 Seam Sealing Tapes Market.

It was estimated prior to this unanticipated outbreak that the Seam Sealing Tapes Market was expected to grow at a CAGR of 6.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Seam Sealing Tapes are multilayered adhesive films applied on sewn seams to prevent the leakage of water. Seam tapes are employed to waterproof apparel, footwear, automotive parts, and sporting goods.

Seam Sealing Tapes are of different types, such as single-layered and multi-layered, that are used with various backing materials, such as polyurethane and polyvinyl chloride.

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 single-layered and multi-layered. The multi-layered segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The wide use of multi-layered seam sealing tapes in apparels, tents, tarpaulins, footwear, and backpacks, among others is propelling the growth of the segment during the forecast period.

Based on the backing material type, the seam sealing tapes market is segmented as polyurethane, polyvinyl chloride, and others. The polyurethane segment dominates the market. Further, its properties such as high abrasion, impact resistance, water resistance, and high flexibility are propelling the growth during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing seam sealing tapes 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, which is generating huge demand for seam sealing tapes and the presence of a large number of seam sealing tape 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 seam sealing tape manufacturers are-

• Adhesive Films
• Bemis Associates
• DingZing
• Essentra PLC
• Gerlinger Industries
• Himel Corp.
• Loxy AS
• Sealon
• San Chemicals
• Toray Industries

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 Recycling Equipment & Machinery Market. 

It was estimated prior to this unanticipated outbreak Recycling Equipment & Machinery Market will reach CAGR of 6.3% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Recycling Equipment & Machinery Market Insights

Recycling Equipment & Machinery market is likely to witness a CAGR of 6.3% during the forecast period. The prime factors driving the recycling equipment & machinery market are rising concern towards industrial waste, depleting natural resources, and increasing government initiatives towards recycling of materials.

Market Share Analysis

Recycling Equipment & Machinery Market Share: By Machine Type

Based on the machine type, the market is segmented as baler press, shredders, shears, granulators, agglomerators, extruders, and others. The baler press segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Baler press machines are widely used to recycle plastic materials. They are cost effective in compressing waste and minimize the convenience charges required to transfer the material.

Recycling Equipment & Machinery Market Share: By Material Type

Based on the material type, the recycling equipment & machinery market is segmented as plastic; ferrous & non-ferrous, wood, paper & card board; rubber, and others. The plastic segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Growing concern towards plastic waste from a wide array of industries has led to increased focus of various regulatory bodies curb and recycle it.

Recycling Equipment & Machinery Market Share: By Region

In terms of regions, Europe is estimated to be the largest market for recycling equipment & machinery during the forecast period. Growing concern towards plastic and other waste, stringent regulations towards reducing and recycling waste materials, and increasing participation from private players have led to the dominance of Europe in the global recycling equipment & machinery market. North America and Asia-Pacific are also expected to witness a healthy demand for recycling equipment & machinery owing to rising concern towards packaging waste and growing demand for sustainable packaging.

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 Recycled Carbon Fiber Market.

It was estimated prior to this unanticipated outbreak that the Recycled Carbon Fiber Market was expected to grow at a CAGR of 11.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Recycled carbon fiber is also known as reclaimed carbon fiber, it is a substitute to virgin material for various industries due to its low cost and possesses the same properties as that of virgin carbon fiber. It is majorly sourced from aerospace wastes.

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 fiber type, the market is segmented a chopped recycled carbon fiber and milled recycled carbon fiber. The chopped recycled carbon fiber segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period, owing to its high-performance properties such as low density, high strength and modulus, low thermal expansion, and dimensional stability. Also, it offers these benefits at a very low cost, which in turn, is driving the growth of this segment.

Based on the source type, the market is segmented as aerospace scrap, automotive scrap, and other scraps. The aerospace scrap segment is expected to remain dominant during the forecast period. There are many more sources from where recycled carbon fiber is obtained such as manufacturing waste, trek bike scrap, and tennis racket scarp, but the aerospace scrap segment accounts for the largest volume of the recycled carbon fiber market.

Based on the end-use industry type, the recycled carbon fiber market is segmented as automotive & transportation, consumer goods, sporting goods, industrial, marine, aerospace & defense, and others. The automotive & transportation industry leads the market owing to excellent strength-to-weight ratio and being lower than the cost of raw materials.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing recycled carbon fiber market during the forecast period, with Europe being the manufacturing hub for the automobile & transportation industry, presence of a large number of automobile OEMs in the region such as Mercedes-Benz, Volkswagen, Audi, BMW.

Key Players:

Some of the major recycled carbon fiber manufacturers are- 

• Alpha Recyclage Composites
• Carbon Conversions Inc.
• Carbon Fiber Recycling, Inc.
• Carbon Fiber Remanufacturing
• ELG Carbon Fibre Ltd.
• Procotex Corporation SA
• SGL Carbon
• Shocker Composites LLC
• Toray Industries, Inc.
• Vartega 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 Glass Curtain Wall Market. 

It was estimated prior to this unanticipated outbreak Glass Curtain Wall Market will reach CAGR of 10.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Glass Curtain Wall Market Insights

Glass curtain wall market is likely to witness an impressive CAGR of 10.2% during the forecast period. The growing demand for glass curtain wall is mainly due to the enhancement of the appearance of the exterior walls, rise in the need for energy-efficient buildings, and the need to provide protective layer to large buildings.

Market Share Analysis

Glass Curtain Wall Market Share: By System Type

Based on the system type, the market is segmented as unitized and stick. The unitized segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. Unitized systems provide quicker installation as almost 70% of the components are assembled in factories and minimize the need for manpower onsite, which leads to reduction in the labor cost.

Glass Curtain Wall Market Share: By End-Use Type

Based on the end-use type, the glass curtain wall market is segmented as commercial, public, and residential. The commercial segment leads the market owing to rapid urbanization and increasing number of skyscrapers. Glass curtain walls used in buildings help to reduce energy costs as they act as protective layers for large-scale commercial buildings and render aesthetic appearance to the facade of the buildings.

Glass Curtain Wall Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing glass curtain wall market during the forecast period, with China, Japan, India, and Australia being the growth engines. The market is driven by the increasing demand for aesthetic appeal and energy saving in modern infrastructure. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.