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Nutraceutical Ingredients Market - Forecast(2020 - 2025)

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 Nutraceutical Ingredients Market Overview:

According to the Food and Agricultural Organization of the United Nations (FAO), the number of undernourished people or the ones that are facing chronic food deprivation increased from 804 million in 2016 to 821 million in 2017.[1] Similarly, there is a multitude of people that aren’t undernourished in terms of food but stay deprived of proper nutrition and subsequently suffer from ramifications of malnutrition and dietary deficiencies. Nutraceutical ingredients, a type of food additives help to ameliorate the medical problems that arise due to nutrition deficiency. The current millennial lifestyle is leading to more issues regarding malnutrition, and so, dietary supplements including nutraceutical ingredients have gained prominence in the market. The health concerns pertaining to nutrition is leading to growth opportunities in the nutraceutical market that had a market size of $31.4 billion as of 2018. The demand for nutraceutical market for various purposes will observe a definite demand in the future that is projected to observe a healthy compound annual growth rate (CAGR) of 6.80% during the forecast period of 2019 to 2025.

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There is an increasing awareness about health and wellness in APAC, and discernibly so when people more often than not browse health blogs and videos to acquire knowledge about the same. There is a lot of reasons because of which APAC is found to be a lucrative nutraceutical ingredients marketplace, and some of them are rising undernourished and aging population in the region. This is substantially backed by advertisements and awareness campaigns regarding nutritional issues and benefits of the nutraceutical ingredients that is spurring people to purchase the products. Furthermore, there is an increased demand for nutritional products from athletes, which is further adding to the growth prospects in the APAC nutraceutical market that had a global market share of 37% in 2018.            

Nutraceutical Ingredients Market Outlook:

Nutraceutical ingredients are dietary supplements that are used in therapy of some diseases as functional foods, and they are categorized as organic ingredients and exotic ingredients. These are consumed in the form of liquid and powder. Owing to their advantageous effect in the daily diet, they are most prevalently used as dietary supplements. The growth opportunities for the vendors in the nutraceutical ingredients market is increasing due to their application as dietary supplements.

This is majorly attributable to the fact that nutraceutical ingredients, when consumed regularly in diet, impart a gamut of physiological benefits in a human body. People have not become aware of these benefits, and so, their application as dietary supplements is growing, and it is estimated that it will further grow with a substantial CAGR of 6.80% through to 2025.

Nutraceutical Ingredients Market Growth Drivers:

· The Rise in Disposable Personal Income –

Economic growth worldwide is leading to a perceptible rise in disposable personal income (DPI). This can be better understood with the findings by the Organization for Economic Co-operation and Development (OECD) as they have documented that the counties across the globe are observing a percentage increment of 0.2% to as much as 7.4% in the household DPI,[2] which is proving to be a revenue avenue determinant for the vendors in the nutraceutical ingredients market. It is majorly because of the fact that the rise in DPI has enabled people to spend on dietary supplements that can suffice their all nutritional needs. Even though some economies are not observing an increase in DPI, the nutraceutical market has a sustainable customer-base in the developing economies.

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· The Increasing Geriatric Population –

According to the United Nations (UN), the global geriatric population was 962 million in 2017. Furthermore, the organization estimates the figure will surpass the 2 billion market and translate to 2.1 billion in 2050 and 3.1 billion in 2100.[3] Evidently, aging and problems pertaining to it will be rampant in the coming years, which will significantly support the nutraceutical market as these dietary supplements have anti-aging properties that help an aged person to overcome the side effects of aging.

· The Application of Nutraceutical Ingredients in Drugs –

Nutraceutical ingredients are have found a favorable marketplace in therapeutic areas. These find applications as an ingredient of drugs because they are found to help in curing severe medical conditions such as CHD, cancer, osteoporosis, diabetes, and hypertension. Nutraceutical ingredients are also helpful in alleviating cold & cough, sleeping disorders, and digestion issues. Furthermore, they have anti-arthritic characteristics which makes them useful in treating patients with arthritis. According to the International Diabetes Federation (IDF), the number of people suffering from diabetes was 425 million, and the organization also estimates that the figure will catapult to 629 million by 2045.[4] Similarly, the concern regarding other diseases is increasing, which is projected to drive the future of the nutraceutical ingredients market. 

Nutraceutical Ingredients Market Trends –

·    In July 2018, NZMP which is a renowned global ingredient brand had launched innovative ingredients that had abundant protein. This innovation was done to cater to the demand from North American customers. The organization also formulated a unique protein-fortified dessert.

·    In August 2017, Innophos completed the acquisition of Novel Ingredients and created a $50 billion food and nutrition platform. The acquisition was envisioned to position the organization in the nutraceutical market.

·         In November 2017, Innophos again acquired the ingredient company NutraGenesis to further diversify its portfolio.          

Nutraceutical Ingredients Market Challenges –

The major challenge faced by the vendors in the nutraceutical market is that these food additives are expensive, and so, these are not affordable to everyone. Furthermore, the target customers have become health and nutrition conscious. While this seems to help the nutraceutical ingredients market, a substantial magnitude of customers are deviated to naturally occurring nutrient sources such as vegetable and fruits which dwarfs the market size. However, the growing concern regarding diseases and the augmented application of nutraceutical ingredients in drugs is chiefly spurring the sales in the market. Furthermore, some of the natural nutrients sources aren’t adequate to suffice the dietary deficiency, which is opening up opportunities for the vendors in the nutraceutical market.

Nutraceutical Ingredients Market Key Players Perspective –

The major players striving to capitalize on the demand for nutraceutical ingredients are Cargill, Incorporated, BASF SE, The Archer Daniels Midland Company, Associated British Foods plc, DowDuPont Inc., Arla Foods amba, Ingredion Incorporated, and Koninklijke DSM N.V.

Nutraceutical Ingredients Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the nutraceutical ingredients market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The nutraceutical ingredients market research report also analyses the application of these food additives on the basis of nutrients such as prebiotics, probiotics, and vitamin minerals.

Nutraceutical Ingredients Market Report: Industry Coverage

This report also documents the applications as functional F&B and dietary supplements in the form of liquid and powder.

The nutraceutical ingredients market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

"We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study."

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Blockchain Market In Supply Chain - Forecast(2020 - 2025)

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 Blockchain Market in Supply Chain Overview:


Despite heavy investment in supply chain management, organizations fail to deliver the best services because of the exuded complexity and mere lack of transparency with the customers. Traversing to the last decade; according to the National Institute of Standards and Technology (NIST), the inadequacies in the supply chain infrastructure translated to $5 billion annual loss in the automotive industry and $3.9 billion in the electronics industry[1]. It has been more than a decade, but organizations are still struggling to control their supply chain management process which is leading to irrevocable losses. However, this challenge is lead to a gamut of opportunities for blockchain market in supply chain which had a market size of $70 million to $75 million as of 2018 according to the market analyst of IndustryARC. Furthermore, the analyst estimates that the demand for the implementation of blockchain in the supply chain sector will increase with a mindboggling CAGR of 50% during the forecast period of 2019 to 2025. 

Owing to the myriad of transportation and other systems that warrant multiple steps before the delivery to the end-user in North America, there is a discernible demand for supply chain in North America. Now, this is coupled with the region’s progress in technology and its adoption in each sector, which is aiding to the increasing blockchain market in supply chain market size. The region has a market share of nearly 40%. 


Blockchain Market in Supply Chain Outlook:

The blockchain is a value-exchange protocol or a distributed computing system which uses cryptography. It was invented in 2008 to serve as the public transaction ledger of the cryptocurrency. Blockchain market in supply chain management has a wide scope. Blockchain finds applications in a lot of industries for procurement, sales, and other tasks that involve a financial transaction. Its major application is in the payment sector, especially because it provides a holistic solution to the much need transparency between the vendor and customer. According to the market analyst, the forecast period of 2019 to 2025 will observe a staggering CAGR of 32% to 35% in the payment sector. 

Blockchain Market in Supply Chain Growth Drivers:

  • The Proliferation of E-Commerce Across the Globe – 
Owing to the growing number of mobile subscribers across the globe, a significant fraction of population is now using mobile phones and other gadgets to purchase a product, which is leading to rapid growth of the E-Commerce sector. Now, the E-Commerce businesses have a lengthy supply chain management system, and the loopholes in the system lead to losses and deterioration of end-user service which proves to be detrimental to their brands. However, the application of blockchain reduces the risk of losses due to the blemishes in the system. This happens to be a major factor leading to opportunities for blockchain market in supply chain management. 

  • The Adoption of Blockchain in the Banking Sector – 
Similar to E-Commerce, the banking sector has a supply management system for a seamless cash flow and branch operations. The application of blockchain in the banking sector instill better security to the digital transactions and disables all the mishaps that can lead to heavy losses. The on-going digitization and the need for providing a safe and secure transactional process to the customers are factors that are creating a sustainable blockchain market in supply chain management of the banking sector. 


  • The Penetration of Smart Contracts in Various Industries – 
Smart contract is a supply chain computer protocol which digitally facilitates, verifies, or enforces the negotiation and performance of a contract and ultimately makes tracking shipments and deliveries fairly easier. Now, organizations are leveraging blockchain in smart contracts, which is further stroking the blockchain market in supply chain management.  

Blockchain Market in Supply Chain Challenges:

Blockchain technology contains immutable and transparent attributes, and a block is formed within the chain when a user completes an action or a series of action. The major challenge in this technology is entering the information and creating a block thereafter. However, blockchain technology is continuously evolving which will alleviate the challenge and help vendors in the blockchain market in supply chain management streamline the operations. 


Blockchain Market in Supply Chain Key Players Perspective: 

The key players trying to enhance revenues from the blockchain market in supply chain management are Microsoft, IBM, Oracle, T-Mining, DTCO, Deloitte, Primechain, Veem, Guardtime, BTL, Ripple, OpenXCell. 

Blockchain Market in Supply Chain Trends:

  • In November 2018, Amazon partnered with Kaleido – a startup that helps organizations to implement blockchain technology. 
  • Latest Development – Recently, blockchain has ventured into the healthcare services to strengthen their supply chain processes by combating counterfeit medicines and securing medical devices. This is going to create a revenue avenue for vendors in blockchain market in supply chain management. 

Blockchain market in supply chain Market Research Scope: 

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the blockchain market in supply chain. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of blockchain market in supply chain, and their specific applications in the marketing and advertising, drugs and healthcare, and other sectors.  


Blockchain market in supply chain Market Report: Industry Coverage 

The report analyses the product demands on the bases of type – public blockchain, private blockchain and others. The market is also segmented on the basis of origin of the product, compounds and others. 

The blockchain market in supply chainmarket report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

  • "We also publish more than 100 reports every month in “Information and Communications Technology”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

Contraceptives Market - Forecast(2020 - 2025)

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 Contraceptives Market Overview:


According to the Guttmacher Institute Organization, an estimated 44% of pregnancies globally were unintended and 56% of unwanted pregnancies ended in abortion at the initial phase of this decade.[1]  Such peculiar cases amalgamated with increasing instances of sexually transmitted diseases (STIs) are significantly boosting the contraceptives market. As per the WHO, more than 1 million STIs are acquired every day globally, and 988,000 pregnant women were infected with syphilis (a form of STI) in 2016, resulting in over 200,000 stillbirths and newborn deaths.[2]  All these factors coupled with rapidly increasing global population and governmental measures to counter population tumor are propelling contraceptives market growth. The global contraceptives market is estimated to be around $20 billion-$21 billion as of 2018. Increasing awareness among women in developed as well as rural areas of developing countries such as India and Africa regarding HIV, STIs, fertility control and birth-control is propelling this arcade to be progressing at a CAGR of 6%-7% during the forecast period of 2019-2025.

Contraceptives Market Outlook:

Contraception can be defined as the deliberate inhibition of pregnancy by interfering with the biological process of ovulation, fertilization and implantation through the use of barriers, drugs, medical devices or surgical techniques and the devices used for contraception are called as contraceptives. Contraceptives drugs or devices not only inhibit pregnancy but also sexually transmitted diseases (STDs).


In the products segment of the contraceptive market, Intrauterine Devices (IUD) secures the dominant spot and is progressing with an application CAGR of 30% - 35% going through 2025. Its supremacy above several other wide ranges of devices such as contraceptive sponges, vaginal rings, contraceptive diaphragms, subdermal implants, male condoms and female condoms can be attributed to its efficacy in prevention of unwanted pregnancies. According to the findings of the American Pregnancy Association, the intrauterine system has a failure rate of less than 1%.[3] 

After an acute region-wise analysis of the global contraceptive market, North America is detected to be the dominant region. This region is responsible for nearly 28% - 30% of the global contraceptives market demand. With more than 50% of the population dominated by women, the United States is the most lucrative marketplace for contraceptives in North America. Also, United States median age is recorded to be around 37 years[4], thus indicating half of the population to be young and sexually active (below 37 years) and major consumers of contraceptives drugs and devices.

Contraceptives Market Growth Drivers and Trends:

A huge chunk of the female population in developing countries are diverting towards ideology such as women empowerment and feminism to establish educational and professional opportunities for women. An increasing number of women are delaying motherhood with the help of contraceptive devices and drugs as they prioritize their careers. Women comprised 47 percent of the total U.S. labor force at the initial phase of this decade. This is a major trend disrupting the global contraceptives market. Such assertions can meet confirmation with facts from the United States Department of Labor stating that 57% of women participate in the labor force and 26% of professionals employed computer and mathematical occupations are women.[5]  Women are projected to account for 51 percent of the increase in total labor force growth between 2008 and 2018.[6] 

Severe government regulations to control alarming population growth in some densely populated economies are serving as a major trend for the contraceptives market. An example can be derived from APAC, China. The family planning policy in China by the government allows only two children per couple since 2016. Enforcement requires women to have a contraceptive intrauterine device (IUD) surgically installed after having a first child, and to be sterilized by tubal ligation after having a second child. Thus nearly 667 million women in China are inevitably potential customers for the contraceptives market.


Contraceptives Market Challenges:

Lack of awareness and acceptance of contraceptives are the major factors hindering the market growth coupled with continuous and expensive necessary cycles for effective birth control. Hormonal contraceptives contain hormones such as estrogen and progestin, with side effects such as weight gain, headaches, sore breasts, irregular periods, mood changes, acne, and nausea.

 Contraceptives Market
 
Contraceptives Market Players Perspective:

Some of the major players controlling majority of the global market share are Cooper Surgical, Inc. (U.S.), Pfizer, Inc. (U.S.), Actavis, Inc. (U.S.), Teva Pharmaceutical Industries Limited (Israel), Bayer AG (Germany), The Female Health Company (U.S.), Merck & Co., Inc. (U.S.), Mayer Laboratories, Inc. (U.S.), Church & Dwight, Co., Inc. (U.S.), and Medisafe Distribution Inc. (Canada).

Teva Pharmaceutical Industries Limited is one of the leading manufacturing establishment pertaining to contraceptives. It acquired Theramex and related companies from Merck Serono. As Theramex offers a wide variety of women's health products sold in 50 countries worldwide, this merger will open up more avenues for profits and revenue.

Contraceptives Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Contraceptives Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the various drugs and devices in Contraceptives Market and their specific biological uses.


Contraceptives Market Report: Industry Coverage

By Product: Drug, Devices

By End-User: Hospital, Clinic, Home Care, Ambulatory Surgical Centre 

The Contraceptives Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia 

  • "We also publish more than 100 reports every month in “Lifesciences and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study."    

Location: United States

Polyisobutylene Market - Forecast(2020 - 2025)

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 Polyisobutylene Market Overview


Polyisobutylene (PIB) is a bright clear liquid obtained from polymerization of isobutene under catalyst system. It is widely used as an additive in the lubricants and fuels. Superior properties including corrosion resistance, oxidation stability, high thickening efficiency, and low electrical conductivity. The farfetched development of the automobile industry globally will fuel the polyisobutylene (PIB) market significantly over the next few years. The Polyisobutylene market is estimated to grow at a CAGR of 4.92% during the forecast period 2019–2024. 

Polyisobutylene Market Outlook

This report categorizes the Polyisobutylene market into various segments. On the basis of molecular weight, the market has been segmented into low molecular, medium molecular, and high molecular weight. The market is also categorized based on the applications, which include CASE (Coating/Adhesives/Sealants/Elastomers), lubricant/lubricant additives, fuel additives, cosmetics, and personal care and others.

 
Polyisobutylene Market Growth Drivers

Automobile industry has been the main market for fuel additives for many years. The share for automobile has always been significantly higher than that of any other fuel additives market segment owing to the increasing middle-class economy and lack of efficient fossil fuel alternatives. Relative importance of aviation for fuel additives has increased in recent years, eventually mounting the demand for polyisobutylene.
With the increase in frozen foods market, the market for the flexible packaging is also estimated to see an upsurge as it is necessary to store and transport it under controlled temperature conditions. Growing consumption of packaged and canned food is driving the poluisobutylene market.


Polyisobutylene Market Challenges 
The key challenges for the polyisobutylene market are the presence of various alternatives such as styrene-butadiene rubber, nitrile rubber, and many more which may affect the polyisobutylene market and its price. Another challenge is the stringent environmental legislations: Production of PIB involves emission of harmful waste which is a cause of environmental concerns. The repeated incidents of Polyisobutylene spill pose danger to the ecology, which is raising global concerns.


 Polyisobutylene Market


Polyisobutylene Market Research Scope

The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the types of polyisobutylene in the global polyisobutylene market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of polyisobutylene and its specific applications in the polyisobutylene market.

Polyisobutylene Market Report: Industry Coverage

Molecular weight: Low molecular weight, medium molecular weight, and high molecular weight.

Applications of Polyisobutylene: Coating/adhesive/sealants/elastomers, lubricant/lubricant additives, fuel additives, cosmetics, and personal care and others.

The Polyisobutylene market report also analyzes the regions and countries for the market. The regions and countries covered in the study include:

  • North Americas (The U.S., Canada, and Mexico)
  • South Americas (Brazil, Argentina, Colombia, and Rest of South Americas)
  • Europe (The U.K., Germany, Italy, France, Spain, Russia, Rest of Europe)
  • APAC (China, Japan, South Korea, India, Rest of APAC)
  • Rest of World (The Middle East and Africa)

Polyisobutylene Market Key Players Perspective

BASF SE and Lubrizol are the two major providers of Polyisobutylene. Ineos, TPC Group Inc. and Infineum are the other major companies in the polyisobutylene market. 

BASF, through its broad range of products, constant product launches, and innovation, has been successful in catering to a variety of customers. Monitoring its future business involvements, IndustryARC analysts expect BASF to maintain its position in the market. 


Polyisobutylene Market Trends
Innovations are the ongoing trend in fuel additives business, driven by legislation that changes the fuel specifications to meet the demand to use high-quality fuel. For example, the reduction of sulfur in the middle distillate fuels has led to the development of lubricity additive to protect the diesel injector pumps using PIB-based formulations.

The farfetched development of the automobile industry globally will fuel the polyisobutylene (PIB) market significantly over the next few years. Automobile manufacturers are increasingly investing in research & development activities along with technological innovations, which will further augment the PIB market. 

  • "We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study."    

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Turbocharger Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2025

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 Turbocharger Market Overview:

According to the World Economic Forum, globally, there will be an increase of twice the number of cars on road by 2040 which will equal two million figures. This data shows the inflating demand for cars in the global scenario, which will significantly increase the need for new sustainable vehicular devices such as turbochargers. Earlier these highly efficient turbochargers were used in motorsport vehicles manufacturing, however, it has gradually paved its way into the production of the commercial vehicle. With associated features such as high-charged internal combustion (IC) engines and economical yet cleaner outputs, turbochargers have gained a prominent place in the modern automotive sector. The global turbocharger market leveraged a revenue income of $16 billion in the year 2018. Racing cars incorporated with high-performing turbochargers generate greater horsepower without increasing the overall weight of the vehicle and boosts the gas mileage which is why these devices have been installed in popular motor racing vehicles such as Audi R10 TDI, Cadillac ATS-V.R, and others. Additionally, the marine and aircraft manufacturing industries also contribute considerably to the global economic output of the turbochargers market. Significantly, the turbochargers market is estimated to leverage huge ROI in the forecasted years at 5% CAGR.

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Europe is eyeing on clean energy transition and endorses the application of sustainable industrial machinery to reduce the growing environmental concerns. A major contributor to the global turbocharger market with a regional share of 41.2% as of 2018, Europe is also a leading supporter of the green car technologies with several key automobiles manufacturers set up in this region which includes Audi, Mercedes-Benz, Ferrari, and others.

Globally, the automotive sector is projected to induce huge demand for the turbocharger, which is anticipated to witness a CAGR of 5.3% during the forecast period of 2019-2025. This hike in demand will continue to grow considerably with respect to the huge investment in green car machinery, inclination towards economical automobile engines, and large preference for greater torque.

Turbocharger Market Growth Drivers:

· Shifting consumer trend towards green vehicle will leverage huge demand for the turbocharged engines in the global market which also creates scope for newer innovations. Owing to this the global turbocharger market will experience an upsurge in the overall demand-supply chain thereby boosting the market growth.

· Increasing demand for hybrid, variable geometry, and twin turbochargers and colossal investment by the automotive sector to incorporate fuel-efficient, low noise, and cleaner emission-quality in vehicles are analyzed to largely influence the turbochargers market in the future years.

Turbocharger Market Companies:

The leading market players assessed in this report includes Delphi Technologies Plc, Continental AG, Eaton Corp., ABB Ltd., Honeywell, Inc., IHI, Bosch Mahle Turbo Systems Technology, Mitsubishi, Cummins Inc, and others.

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Cummins Inc. is a global leader in manufacturing several engines and power generation and other machinery to several industrial sectors have recently delivered complimentary offerings in the global turbochargers market. Some of its latest innovations include the introduction of energy-efficient commercial wastegated turbochargers and Holset Fixed Geometry turbocharger with cleaner air emission features. They have also developed a lead-free corrosion inhibitor system for application in turbochargers along with the evaluation of Selective Laser Melting technology (SLM) for improving turbocharger efficiency. These major advancements will generate huge demand for the turbochargers market and eventually increase the overall revenue generation.

Turbocharger Market Trends and Innovations:

·         New Turbo Engines Launch By Key Companies:

With advancement driving the global market, automotive companies are introducing new innovative products to lure more customer demand, also complying with ecological sustainability through less fuel exhausting and highly efficient turbo engines. Audi is all set to launch a new turbo engine for the DTM racing cars series 2019. This highly-efficient racing engine will offer more than 610 horsepower which will work smoothly and can run on alternative e-fuels maintaining sustainability. Furthermore, BMW has introduced its revolutionary turbo 4-cylinder engine which is claimed to consume extensively low fuel with even lesser emissions.

Turbocharger Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Turbocharger market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Turbocharger in the Turbocharger market and their specific applications in different areas.

Turbocharger Market: Industry Coverage:

The global turbocharger market is basically segmented into fuel type, technology, end-user, industry vertical, and application type. On the basis of fuel type bifurcation includes diesel and gasoline. Technology categorization includes twin-turbo technology, wastegate technology, and variable geometry technology. By end-user, the turbocharger market can be divided into OEM and aftermarket. Based on industry vertical, the classification includes aerospace defense, automotive, marine, agriculture construction, and others. Sub segments under application type include light commercial vehicles, heavy commercial vehicles, ship aircraft, heavy-duty vehicles, and locomotive.

The Turbocharger market also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:    

•  North America: The U.S., Canada, Mexico

• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

• Middle East and Africa: Israel, South Africa, Saudi Arabia

"We also publish more than 100 reports every month in “Automotive”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Location: United States

APAC Packaging Printing Market - Forecast(2020 - 2025)

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 APAC Packaging Printing Market Overview


Packaging printing or labelling is a written, electronic, or graphic communication on the package of products or goods. Packaging and printing play an important role in the presentation of products today. Various types of inks and the latest innovative technologies are used in packaging printing. The APAC Packaging Printing market has been segmented based on technology, application, and country. Based on technology, the market has been sub-segmented into digital packaging printing, three dimensional packaging printing, and others. Based on application, the market has been segmented into health care, food and beverages, industrial goods, and others. The APAC Packaging Printing market is estimated to grow at a CAGR of 6.8% with a valuation of $203.54 bn during the forecast period 2019–2024.   


APAC Packaging Printing Market Outlook

The packaging printing market is widespread in the Asia-Pacific region with respect to multiple printing technologies and applications in a wide spectrum of industries. The presence of various industries related to food and beverages, consumer electronics, and many others in countries such as China, India, Japan, and South Korea has resulted in significant demand for packaging solutions in the region. On the basis of technology, digital printing is projected to record the highest CAGR of 12.1% during the forecast period. The food & beverages segment held the largest share in terms of application in 2018 and is expected to continue its dominance throughout the forecast period, that is, from 2019 to 2024. China dominated the APAC packaging printing market with a share of 52.6% in 2018.

APAC Packaging Printing Market Growth Drivers 

The APAC Packaging Printing Market is largely driven by the increasing consumer spending and rising demand for sustainable products. Increase in consumption of processed food is driving the growth of the market. Emerging Technologies for packaging printing can also be seen as a driving factor for the growth of the market. The growing pharmaceutical industry and the increasing demand for convenient packaging are also major growth factors for this market.


APAC Packaging Printing Market Challenges 

Increase in price of raw materials and the non-availability of raw materials are major problems faced by this industry. Fast changing technology in packaging printing is a constraint for this market. Entry of printing industries into the packaging industry can be considered as a setback for this market. Pricing pressure from other brands can also be a restraining factor for this market.  


 APAC Packaging Printing Market Research Scope:-

The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the APAC packaging printing market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of technology used for packaging printing and the various applications of packaging printing in different industries.


APAC Packaging Printing Market Report: Industry Coverage 

By Technology: Digital, Flexography, Offset, Rotogravure, Three-Dimensional, Lithography, Screen Printing.

By Application: Health Care, Food and Beverages, Cosmetics and Toiletries, Consumer, Industrial Goods and Others.

The APAC Packaging Printing Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include Thailand, Singapore, Malaysia, China, Australia, Japan, South Korea, India, Taiwan, and Rest of APAC

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