Rigid Packaging Market Size By Product, By Process, By End User and Forecast

The global rigid packaging market size is projected to reach USD 848.71 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.7% during the forecast period. Increasing demand for sustainable packaging is expected to augment the market over the forecast period.

Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several forms, including jars, containers, bottles, and cans.

Raw materials required for manufacturing of rigid packing include metals, paper & paperboard, glass, and plastic. Suppliers of these materials are present worldwide, making the market fragmented. Rio Tinto and Alcoa are some of the key suppliers of metals such as aluminum, while ArcelorMittal is the largest steel manufacturer in the world.

Final products are sold by distributors, retailers, and wholesalers. Major players in this stage include Packaging Supplies Ltd., Packing Suppliers of America, Paper Mart, and Packaging Centre. Some of the manufacturers have adopted integration wherein they sell the products through exclusive outlets.

Rigid packaging accounted for over 80.0% of the total packing industry in 2016. However, flexible packing offers more advantages as compared to rigid ones such as lightweight, energy savings, small pack size, ease of transportation & storage, and convenient disposal. Hence, the flexible packing market is expected to make inroads in the rigid packaging market in the coming years.

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Further Key Findings from the Report Suggest:

• In terms of materials, plastics dominated the market in 2015 and it is anticipated to witness a CAGR of 6.4% in terms of volume over the forecast period
• Paper & paperboard is expected to register a CAGR of 7.1% in terms of revenue during the same period. Recyclability of the material has made it the most commonly used product in the industry
• The personal care application segment is anticipated to rise at a CAGR of 6.3% in terms of revenue over the coming year due to increasing demand for personal care products
• Asia Pacific is estimated to post a CAGR of 7.6% in terms of revenue from 2016 to 2025 due to increasing demand from China and India
• In August 2016, Berry Plastics Group, Inc. acquired AEO Industries Inc. in the U.S. This acquisition strengthened the company’s position in the North America market.

Grand View Research has segmented the global rigid packaging market report on the basis of material, application, and region:

Rigid Packaging Material Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 - 2025)

• Plastic
• Metal
• Paper & Paperboard
• Glass
• Bioplastic

Rigid Packaging Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 - 2025)

• Food & beverages
• Pharmaceuticals
• Personal care
• Others

Rigid Packaging Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Compressed Air Treatment Equipment Market Share Latest Growth & Recent Trends

The global compressed air treatment equipment market size is expected to reach USD 11.31 billion by 2025 registering a CAGR of 7.0%, according to a new study by Grand View Research, Inc. Compressed air treatment equipment offers several benefits, such as lowering the dew point of the air and removing contaminants that may negatively impact the air compressor.

Furthermore, the compressed air treatment equipment allows the system to run more efficiently and extends the system’s life by reducing rust and corrosion caused by contaminated air. This has led to an increased adoption of these systems, which is expected to drive the market growth over the forecast period. Rising concerns about food safety have resulted in food manufacturers focusing on implementing air treatment equipment to avoid any contamination and to maintain quality.

This is also a key factor expected to drive demand across the food & beverage (F&B) industry. Chemical, F&B, and others are the major end-use sectors. The F&B industry is anticipated to witness significant growth owing to rising need for dry and clean air in numerous critical end-use applications. Moreover, rise in the number of F&B manufacturing firms, particularly in U.S., is projected to provide growth opportunities for the market in the years to come.

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Compressed Air Treatment Equipment Market Report Highlights

• The global compressed air treatment equipment market is expected to register a CAGR of 7.0% from 2019 to 2025 on account of rising need for treated compressed air in several manufacturing industries
• The dryers segment accounted for a major share in 2018 due to increased demand for refrigerated dryers as a result of their ability to ensure the quality of end products and provide dry air needed to extend the life of the equipment
• The desiccant dryers segment is expected to witness a considerable growth over the forecast period due to the ability of these products to purify compressed air by absorbing the moisture
• The F&B industry led the market in 2018 and is likely to maintain the dominance owing to the need to adhere to strict hygiene restrictions that govern the industry
• Asia Pacific accounted for 32.96% of the overall revenue share in 2018 and is expected to witness the fastest CAGR over the forecast years owing to rapid expansion of F&B and manufacturing industries in the region
• Atlas Copco Corporation; Donaldson Company, Inc.; Beko Technologies; Boge Compressors Limited; and Gardner Denver, Inc. are some of the key companies in the global market
• These companies emphasize on expanding their market presence through mergers & acquisitions and product innovations

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

Ceramide Market : Size, Share, Industry Development Scenario and Forecast 2022

The global ceramide market is expected to reach USD 360.4 million by 2022, according to a new report by Grand View Research, Inc. Increasing demand for anti aging and environmental protection skin care products are expected to drive the overall industry growth. Social factors such as changing lifestyle coupled with increasing geriatric population base particularly in Japan, U.S. and parts of Europe has created novel demand for ceramide based products in the recent past and this trend is expected to continue over the next seven years. 

Expanding application base in food and pharmaceutical industries is also expected to have a positive influence on the market growth. Key personal care product manufacturers such as Elizabeth Arden Inc, Pur minerals, Kao Group, Etvos, L’Oreal, Avon Products Inc., Oriflame, Revlon Inc., Beiersdorf and Paula’s Choice are widely using ceramides for innovative skin and hair care solutions. 

For more info visit here: https://www.grandviewresearch.com/industry-analysis/ceramide-market

Further key findings from the report suggest:

• Global ceramide market was estimated at USD 239.2 million in 2014 and is expected to reach USD 360.4 million by 2022, growing at a CAGR of 5.4% from 2015 to 2022.
• Cosmetics were the leading application segment and accounted for over 65% of total market revenue in 2014. Ceramide is used in wide range of cosmetic products including hair treatment, skin care and makeup products. Growth of personal care industry particularly in Asia Pacific is expected to drive this segment over the forecast period.
• Food is expected to witness the highest growth of 5.5% over the forecast period on account of changing consumer lifestyle coupled with growing demand for organic products. Ceramides are currently used in food additives and supplements. Nutraceutical manufacturers are expected to expand ceramide based food supplements product line over the forecast period.
• Asia Pacific was the leading regional market with demand share exceeding 35% in 2014. Growth of personal care industry in India and China coupled with increasing geriatric population in Japan and South Korea is expected to drive the regional growth over the forecast period. Asia Pacific is also expected to witness the highest growth of 6.2% from 2015 to 2022.
• Global ceramide industry is consolidated in nature and is dominated by top multinational corporations which have presence across the value chain. Key companies operating in the global market include Evonik, Macrocare Tech Ltd., Cayman Chemical, Doosan Corporation, Anderson Global Group LLC, Xi’an Aladdin Biological Technology, Bo-Kwang Chemical Co. Ltd, Unitika, Pioneer Biotech, Incospharm Corporation, Wuhan Saiguang, Ashland Inc., Kao Group and Sederma.

Grand View Research has segmented the ceramide market on the basis of application and region:

Ceramide Application Outlook (Revenue, USD Million, 2012 - 2022)

• Cosmetics
• Pharmaceutical
• Food
• Petcare
• Others

Ceramide Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• South Korea
• Middle East & Africa
• Central & South Africa

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Industrial Air Filtration Market Driven By Rising Demand In End Use Industries

The global industrial air filtration market size is expected to reach USD 18.0 billion by 2027, growing at a CAGR of 7.3% over the forecast period, according to a study conducted by Grand View Research, Inc. The growing demand for high-performing and energy-efficient products is expected to catapult the demand over the forecast period. Technological advancements have resulted in the manufacturing of a new filter media to meet the demand for energy-efficient products. This, in turn, has instigated the development of innovative raw materials such as small fibers and is further anticipated to provide new avenues for industry growth.

Soaring electricity consumption has led to the development of new power generation plants, which is expected to be a key factor driving the market for industrial air filtration. Furthermore, implementation of stringent government regulations in order to protect human health by limiting or eliminating airborne pollutant concentrations will further aid in catapulting the market. Enforcement of Occupational Safety and Health Act (OSHA) code is the key factor anticipated to drive the market for industrial air filtration. The OSHA standards prohibit companies from retaliating against employees for exercising their rights under the law.

Companies across the globe are turning towards sustainable alternatives and methodologies such as green manufacturing in order to improve competitive advantage and increase revenues. Similarly, governments across the globe are collaborating with numerous environmental organizations for developing standards to control harmful emissions in the region. These standards have contributed to the expansion of the market for industrial air filtration across regions.

However, lack of social responsibility and awareness may also pose a challenge to market growth. End use industries often lack their responsibility towards society and refuse to spend extra capital investment for installing an air pollution control devices, which is expected to hamper product demand over the next few years. Equipment purchase decisions are often based on the purchase price of the air filtration equipment, which is further expected to pose as a challenge to the market for industrial air filtration.

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Industrial Air Filtration Market Report Highlights

• The dry scrubbers segment is expected to witness a CAGR exceeding 7.5% over the forecast period. Dry scrubbers generate minimal waste leading to the elimination of complex sanctioning procedure along with plummeting capital and operating costs
• The demand for air filters in the power segment accounted for over 19% of the global industrial air filtration market in 2019 and the segment is expected to witness a steady growth over the next seven years, as this industry has to comply with several government regulations including Environmental Protection Agency (EPA) and OSHA standards
• Asia Pacific accounted for over 25% of the overall revenue in 2019 and is expected to witness substantial growth over the forecast period, which is accredited to high penetration of these products across the metal and plastic industry coupled with increased R&D spending in the Asia Pacific food and beverage industry
• Key players, such as Honeywell International, Inc., MANN+HUMMEL, Daikin Industries, Ltd., Clean TeQ Holdings Limited, 3M, and SPX Corporation, enhanced their market position through mergers and acquisitions in order to expand their geographical reach.

Industrial Air Filtration Market Segmentation

Grand View Research has segmented the global industrial air filtration market based on product, end use, and region:

Industrial Air Filtration Product Outlook (Revenue, USD Million, 2016 - 2027)

• Dust Collectors
• Oil Mist Collectors
• HEPA Filters
• Cartridge Collectors & Filters (CC&F)
• Baghouse Filters
• Welding Fume Extractors
• Wet Scrubbers
• Dry Scrubbers

Industrial Air Filtration End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Cement
• Food
• Metals
• Power
• Pharmaceutical
• Agriculture
• Paper & Pulp and Woodworking
• Plastic
• Others

Industrial Air Filtration Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Turkey
• Sweden
• Spain
• Poland
• Asia Pacific
• China
• India
• Japan
• South Korea
• Singapore
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• UAE

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Optical Brighteners Market Size, Share, Latest Trends, Industry Growth And Demand 2024

The global optical brighteners market size is expected to reach USD 1.11 billion by 2024, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 6.5% during the forecast period. Optical brighteners are dyes that can absorb light in the ultraviolet and violet band ( between 340 nm and 370 nm of the electromagnetic spectrum) and re-emit it in the blue band (ranging from 420 nm to 470 nm). Rapid growth in industries such as paper, textile, and detergent and soap is anticipated to drive the market demand.

Optical brighteners find applications in paper brightening, detergents and soaps, fabrics, and synthetics and plastics. They are also used in various end-use sectors including cosmetics, textile, and industries. Soaps and detergent industry is experiencing a strong demand from the emerging economies. At present, optical brighteners are the most widely used chemicals in detergents and soaps. Use of optical brighteners in laundry detergents makes clothes look cleaner and brighter and this factor is expected to boost their demand over the forecast period.

There has been significant a rise in the consumption of detergents in the global household sector, thus, manufacturers are increasing their production capacities. This is also anticipated to have a positive impact on the market growth. The market is segmented on the basis of end-use, which includes consumer products, safety and security, textiles and apparels, packaging, and others. Consumer products led the overall market in the past and is expected to witness a significant rise in the coming years.

This growth is attributed to their wide range of applications in various household products including washing, cosmetics, laundry detergents, and soaps. In the last few years, global market has witnessed a sudden increase in demand from various companies and institutions for the purpose of R&D of optical brighteners, thereby, augmenting the market expansion.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/optical-brighteners-market

Further key findings from the study suggest:

• The global optical brighteners market stood at USD 661.5 million in 2015 and is anticipated to reach USD 1.11 billion by 2024, growing at a CAGR of 6.5% over the forecast period. This can be attributed to rising product demand from the paper and textile industries in emerging economies of China, India, and Indonesia
• Paper was the largest application segment in 2015, accounting for 35.9% of the global volume. On the other hand, consumer products led the market by end use in 2015 and is expected to witness promising growth during the next few years
• Key companies in the market include 3V Sigma SpA, Aron Universal Ltd., Clariant AG, Huntsman Corp., Archroma, Deepak Nitrite Ltd., and Keystone Aniline Corp., BASF SE. Most of these companies are focusing on R&D for development of newer formulations for optical brighteners.

Grand View Research has segmented the global optical brighteners market on the basis of application, end use, and region:

Optical Brighteners Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Paper
• Detergents & Soaps
• Fabrics
• Synthetics & Plastic
• Others

Optical Brighteners End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Consumer Products
• Security & Safety
• Textiles & Apparel
• Packaging
• Others

Optical Brighteners Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Europe
• Germany
• France
• Italy
• U.K.
• Asia Pacific
• China
• India
• Japan
• South Korea
• Latin America
• Middle East & Africa (MEA)

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cosmetic Preservative Market Size, Share, Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast to 2024

The global cosmetic preservative market is expected to reach USD 458.8 million by 2024, according to a new report by Grand View Research, Inc. The increasing demand for natural preservatives such as thyme, clove, cinnamon and tea tree coupled with growing awareness for personal hygiene are some of the major factors that augment the growth of the Cosmetic Preservative Market. 

The multiplying demand for sunscreens, lotions, and anti-ageing creams in Asia Pacific is also anticipated to positively impact the demand growth over the forecast period. Growing demand for herbal & natural ingredients in cosmetics is expected to drive the demand for organic preservatives. 

For more info visit here: https://www.grandviewresearch.com/industry-analysis/cosmetic-preservative-market

Cosmetic Preservative Market Report Highlights

• The phenol derivatives emerged as the leading product segment and accounted for 35.7% of total revenue in 2015.Growing demand for phenoxyethanol used in creams and lotions is spur market growth over the forecast period. The segment is also expected to witness the highest growth of 6.4% from 2016 to 2024.
• Skin & sun care emerged as the leading application segment and accounted for 39.2% of global revenue in 2015. Growing awareness regarding the harmful effects of ultra-violet rays on the skin is expected to spur the Cosmetic Preservative Market growth.
• Cosmetic preservatives demand in toiletries is also expected to witness significant growth over the forecast period. Rising standard of living particularly in Asia Pacific has prompted the demand for toiletries in the recent past which is expected to propel the demand for cosmetic preservatives in this segment.
• Asia Pacific emerged as the leading regional market and accounted for 35.0% of global revenue in 2015. Asia Pacific is expected to witness the highest growth on account of the growing production and demand of cosmetic products.
• New product formulations and demand for herbal & organic ingredients in cosmetics is expected to drive the regional market over the forecast period. Rising economic standards and growing awareness about personal grooming and hygiene are also anticipated to boost the cosmetics market growth which will, in turn, have a positive impact on the global Cosmetic Preservative Market.
• Some leading companies operating in the global cosmetic preservatives market include Lonza Group, The Dow Chemical Company, Ashland Inc., Symrise AG, BASF SE, Clariant AG, Akema Fine Chemicals, Brenntag AG, and Chemipol.

Cosmetic Preservative Market Segmentation

Grand View Research has segmented the cosmetic preservatives market on the basis of product, application, and region:

Global Cosmetic Preservatives Product Outlook (Revenue, USD Million, 2014 - 2024)

• Paraben esters
• Formaldehyde donors
• Phenol derivatives
• Alcohols
• Quaternary compounds
• Organic acids
• Others

Global Cosmetic Preservatives Application Outlook (Revenue, USD Million, 2014 - 2024)

• Skin & sun care
• Hair care
• Toiletries
• Fragrances & perfumes
• Makeup & color
• Others

Global Cosmetic Preservatives Regional Outlook (Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East and Africa
• South Africa
• Turkey

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Nylon Market Size Worth $46.31 Billion By 2028 | CAGR: 5.8%

The global nylon market size is expected to reach USD 46.31 billion by 2028, according to a new report by Grand View Research, Inc., and is projected to expand at a CAGR of 5.8% over the forecast period. Increasing product demand from engineering plastics, textile, electrical & electronics, and automotive applications are driving the growth of the market. The electrical & electronics application segment is anticipated to progress at a substantial growth rate over the forecast period. This growth can be credited to the wide product usage in these applications including the production of tubes for cables and wirings, connectors, contactors, circuit breakers, and low voltage switch gears among others.

The electrical and electronics industry, unlike other industries, is expected to witness a mixed impact of the global pandemic. Apart from medical devices, electronic product companies that continued working during the lockdown, such as companies engaged in manufacturing remote monitoring electronic devices, witnessed an increase in demand for their products and services. However, disruption across the supply chain of electronic and electrical components from China has hit other electronics and electrical parts manufacturing industries by causing an acute shortage of products and parts coupled with the labor shortage, which is likely to limit the product demand in these industries.

The textile industry is expected to witness a short- to mid-term impact owing to the decline in apparel sales on account of closed malls and stores. However, the demand for face covers has grown significantly, which is expected to have a positive impact on the textile industry. Thus, the impact of the Covid-19 pandemic on textile, including nylon, is expected to be different in the short and long terms as compared to other industries.

The nylon 66 segment is projected to ascend at the fastest CAGR over of 6% during the forecast period due to the wide application scope of these products in the sports apparel industry where it is used to produce swimwear, sportswear, and cords for parachute and others. However, the rapidly increasing cases of Covid-19 have resulted in restricted camping and outdoor activities, which have negatively impacted the demand for sporting apparel, such as swimwear and sportswear, thus, restricting the segment growth. Moreover, nylon 66 is used in the manufacturing of friction bearings, radiator caps, and tire ropes. The manufacturing industry has been badly hit owing to the shortage of raw materials and labor across the globe, which is also expected to restrain the demand for nylon 66 in the foreseeable future.

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Nylon Market Report Highlights

• In terms of revenue, the nylon 6 product segment accounted for the highest revenue share in 2020 and is projected to expand further at a steady CAGR over the forecast period
• The automobile application segment dominated the global market and accounted for more than 36% of the overall revenue share in 2020
• Asia Pacific accounted for the highest revenue share in 2020 and will remain dominant even during the forecast period
• This growth is credited to the robust manufacturing base of automobiles, electronics & appliances industries in countries like China, India, South Korea, and Japan
• Various strategic initiatives were recorded by key players over the past few years. For instance, in March 2020, Domo Chemicals, a leading producer of high-quality engineering materials announced plans to invest USD 14.2 million in a new nylon plant in China

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Nylon Market Segmentation

Grand View Research has segmented the global nylon market on the basis of product, application, and region:

Nylon Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Nylon 6
• Nylon 66

Nylon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Automobile
• Electrical & Electronics
• Engineering Plastics
• Textiles
• Others

Nylon Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• North America
• U.S.
• Europe
• Germany
• France
• U.K.
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Middle East & Africa

List of Key Players of Nylon Market

• BASF SE
• Lanxess AG
• Huntsman Corp.
• AdvanSix, Inc.
• Ube Industries Ltd.
• Domo Chemicals
• Toray Industries, Inc.
• Ashley Polymers, Inc.
• Ascend Performance Materials LLC
• Toyobo Co. Ltd.
• Goodfellow Group

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com