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 Industrial Flooring Market. 

It was estimated prior to this unanticipated outbreak Industrial Flooring Market will reach CAGR of 4.3% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Industrial Flooring Market Insights

Industrial flooring market is likely to witness a significant CAGR of 4.3% during the forecast period. The prime factor contributing to the demand for industrial flooring is the growing awareness about hygiene and stringent regulations enacted by regulatory authorities pertaining to maintenance of safety and hygiene standards in industrial workplaces.

Market Share Analysis

Industrial Flooring Market Share: By Flooring Material Type

Based on the flooring material type, the market is segmented as concrete, rubber & PVC, epoxy, vinyl, and others. Epoxy to remain the largest material type during the forecast period. Epoxy based floors are durable, strong, chemical resistant, and are compatible with a wide range of base substrate layers. These floors are preferred in industries, warehouses, ad industrial environments requiring high chemical resistance.

Industrial Flooring Market Share: By End-Use Industry Type

Based on the end-use industry type, the market is segmented as food & beverages, chemical & pharmaceuticals, mechanical manufacturing, logistics and warehouses, healthcare, and others. Food & beverages to remain the dominant end-use industry during the forecast period. Industrial flooring is critical in the food & beverages industry as meeting hygienic standards are highly important. Stringent regulation by the US Food & Drug Administration (US FDA), the Global Food Safety Initiative (GFSI), the Food Standards Agency (FSA) and the European Food Safety Authority (EFSA) to ensure the highest standard of handling and production will drive the industrial flooring market in food & beverages industry.

Industrial Flooring Market Share: By Region

In terms of regions, North America is estimated to be the largest industrial flooring market during the forecast period. Whereas, emerging countries in Asia-Pacific such as China, India, and Indonesia to grow at the highest rate during the forecast period with the increasing awareness on food and worker safety and with regulations imposed. Food & beverages, automotive, and chemical industries to be the prime drivers for industrial flooring 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 the Electronic Films Market.

It was estimated prior to this unanticipated outbreak that the Electronic Films Market was expected to grow at a CAGR of 5.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Electronic Films are one of the major ingredients for protecting electronic devices and expand the clarity of the device screen. They provide conductive, dielectric, toughness coating, and reflective & antireflective properties to raise product performance and durability.

Electronic films are of different types, such as silver, copper, carbon/graphene, carbon nanotube, conductive polymer, that are used in various applications, such as electronic display, printed circuit boards (PCBs), semiconductors, wires and cables, etc.

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 film type, the market is segmented as non-conductive and conductive films. The non-conductive film segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of electronic films in electronic display, PCBs, and semiconductor is the key driver for the dominance of the segment.

Based on the material type, the electronic films market is segmented as polymer, ITO on Glass, ITO on Pet, metal mesh, and others. The polymer segment dominates the market as the use of electronic films in various applications such as electronic display, semiconductors, and PCBs, is propelling the growth of the segment during the forecast period.

Based on the application type, the electronic films market is segmented as electronic display, PCB, semiconductors, and others. The electronics display segment dominates the market as there is a growing preference for large screen-sized LCDs. Large screen-sized LCDs have a larger surface area, and this leads to higher consumption of electronic films, also there is increased adoption of OLED (Organic Light Emitting Diode), QDLED (Quantum Dot Light Emitting Diode), and EPD (Electronic Paper Display) technologies, which are propelling the growth of the segment during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for electronic films during the forecast period, with China and Japan being the major countries with lucrative growth opportunities. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major electronic film manufacturers are-

• DowDuPont
• Toray Industries Inc.
• Gunze
• Nitto Denko Corporation
• Saint-Gobain S.A.
• The Chemours Company
• Toyobo Co, Ltd.
• Teijin Ltd.
• TDK Corporation
• The 3M Company.

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 Geotextile Tubes Market. 

It was estimated prior to this unanticipated outbreak Geotextile Tubes Market will reach CAGR of 9.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Geotextile Tubes Market Insights

Geotextile tubes market is likely to witness a promising CAGR of 9.5% during the forecast period. The major factors contributing to the demand for geotextile tubes are increasing uses of these tubes in dewatering and desludging applications to minimize the leakage of contaminants to the environment during processing transit and final disposal.

Market Share Analysis

Geotextile Tubes Market Share: By Textile Type

Based on the textile type, the geotextile tubes market is segmented as woven and nonwoven. Woven geotextile tubes dominated the market in 2019, with their wide use in dewatering application. They are expected to command the market during the forecast period as well. Woven geotextile tubes have superior tensile strength and fine porosity and hence, are the ideal choice for environmental engineering.

Geotextile Tubes Market Share: By End-Use Industry Type

Based on the end-use industry type, the geotextile tubes market is segmented as marine & hydraulic, environmental engineering, agricultural engineering, and construction. The marine & hydraulic segment is expected to lead the market during the forecast period owing to its significant usage to prevent coastal erosion due to the rising sea level. 

Geotextile Tubes Market Share: By Region

In terms of regions, Asia-Pacific is estimated to remain the largest market for geotextile tubes during the forecast period due to the long coastline of the region and rising concern on the increasing sea level. Increasing investments by the governments of countries such as China and India on infrastructure are expected to propel the market in the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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 Electronic Chemicals and Materials Market.

It was estimated prior to this unanticipated outbreak that the Electronic Chemicals and Materials Market was expected to grow at a CAGR of 7.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The electronics industry employs a broad range of highly sophisticated specialty chemicals in the production of electronic components and equipment. These chemicals are used in several processing steps in integrated circuits, silicon wafers, printed circuit boards (PCBs), and for packaging and also, in the manufacturing of optoelectronics and compound semiconductor, and others. Electronic chemicals are available in different forms - solid, liquid, and gaseous. Silicon, fluorine, and bisphenol are some of the key raw materials used in the production of electronic chemicals.

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 electronic chemicals and materials market is segmented as specialty gases, CMP slurries, photoresist chemicals, conductive polymers, low k dielectrics, wet chemicals, silicon wafers, and PCB laminates. The silicon wafers segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Silicon wafers serve as a substrate for the microelectronic devices and as a key component in the fabrication of integrated circuits. Integrated circuits, the constituents of computers, smartphones, and all other electronic devices are one of the most dominant application areas of silicon wafers. Other applications are tire pressure systems and solar cells. Rapidly increasing demand for silicon from various end-use industries such as solar photovoltaic is expected to fuel the growth of the segment. Rising tension and trade disputes between China, the U.S., and the European Union are likely to result in price volatility of silica during the forecast period.

Based on the application type, the electronic chemicals and materials market is segmented as semiconductor and others. The semiconductor segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The semiconductor segment is further bifurcated into integrated circuits and printed circuit boards. Electronic chemicals and materials are used for cleaning, etching, polishing, doping, and servicing of semiconductor in order to achieve better functionality along with proper maintenance. Technological advancements in the electronics industry impact the semiconductor industry. For instance, upcoming technologies such as artificial intelligence or AI are likely to drive the segment’s market over the forecast period.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for electronic chemicals and materials during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. Over the past two decades, the electronics industry has witnessed significant growth worldwide, thus generating a huge demand for printed circuit boards. Asia-Pacific is the largest producer of PCBs. Developments in various industries such as telecommunications and IT, smart cards, electronic gaming, and consumer goods contribute towards the growth of the PCB market, which in turn, is driving the electronic chemicals and materials market in the 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 electronic chemicals and materials market are-

• Air Liquide S.A.
• Air Products and Chemicals, Inc.
• BASF SE
• Cabot Microelectronics Corporation
• Covestro AG
• DuPont de Nemours, Inc.
• Hitachi Chemical
• Company, Ltd.
• Linde plc
• Shin-Etsu Chemical Co. Ltd.
• Solvay S.A.

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 Targeting Pods Market.

It was estimated prior to this unanticipated outbreak that the Targeting Pods Market was likely to witness an impressive CAGR of 7.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Prior to this global crisis, unprecedented growth of the market can be ascribed to the rising military aircraft procurement along with the upgradation of prevalent aircraft across the globe. The escalating military aircraft procurement by different countries has triggered off an upsurge in the demand for aircraft payload-based targeting system, i.e. targeting pods for capability improvement in precision targeting.

Targeting Pods Market Segment Insights:

By Type:

The FLIR & laser designator pods segment is estimated to remain dominant during the forecast period. The growing application of forward-looking infrared sensors, along with laser designators for targeting and surveillance, is driving the growth of the segment.

By Component Type:

The FLIR sensor segment is expected to remain dominant in the coming five years. The market is driven by the rise in spending on aircraft with precision attack capabilities under low light conditions.

By Fit Type:

The OEM fit segment is estimated to lead the market during the forecast period due to the growth in the expenditure on airborne targeting and laser designation systems.

By Platform Type:

The combat aircraft segment is expected to be dominant during the forecast period, sustained by the rise in expenditure on upgradation of prevalent aircraft and new aircraft procurement programs, primarily for precision ground attack capabilities. The UAVs segment is estimated to depict the highest growth in the coming five years, owing to the rise in spending on reconnaissance and surveillance operations.

By Region:

Europe held the largest share of the targeting pods market in 2018, followed by Asia-Pacific and North America. Europe’s large share can be ascribed to the rising expenditure on advanced airborne targeting systems by economies, such as the UK, France, and Russia and upgradation and procurement of targeting pod-based aircraft. Russia was expected to emerge out as the leading market for targeting pods in Europe in 2018. The prime reason for Russia’s dominance of the European targeting pods market is owing to the country’s aircraft upgradation programs. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.