Retort Packaging Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2028

The global retort packaging market is projected to be valued at USD 6.13 billion by end of 2028 from valuation of 4 billion in 2020, expanding at a CAGR of 5.5% over the forecast period. The growing demand for ready-to-eat or ready-to-cook meals across the globe is fueling growth of the retort packaging market. Additionally, the other factors impacting growth of the market include increasing demand for packaged food and beverages owing to growing single households, busy work life, and increasing spending power.

Retort packaging offers convenience and reduce overall weight of material, which is further encouraging adoption by the end use industries. This is a key factor driving growth of the retort packaging market and is likely to be same over the forecast period. Furthermore, the US Food and Drugs Administration (FDA) has approved the raw material and suggested that the packaging is safe for the sterilization process for enhancement of shelf life. This results in durability of packaging; rising awareness about such packaging is benefiting growth of the retort packaging market.

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Major Players Of This Market –

Berry Global Inc., Amcor PLC, Coveris, Sonoco, Huhtamaki Oyj, and Mondi Group. These key players are increasingly adopting several strategies to strengthen their product portfolios, enhancing growth prospects, and expansion of their presence in the retort packaging market.

Key Findings from the Report

Based on type, the pouches segment is projected to hold substantial share in the retort packaging market and is likely to retain its dominance over the forecast period. The pouches segment is estimated to expand by exhibiting fastest CAGR over the forecast period owing to beneficial properties of retort pouches such as lightweight, less spacing consuming.
Based on the end use, the food segment is estimated to hold substantial share in the revenue of overall market revenue owing to its demand for improved packaging for ready-to-eat meals, pet food, meat poultry & seafood, and baby food.
Regionally, the Asia Pacific region is projected to hold substantial share in the overall revenue of the market owing to the factors such as largest population in the region, increasing per capita income, and busy lifestyle of people are driving regional growth from past few years. Additionally, robust adoption and flourishing packaged food industry in the countries such as Australia, China, Japan, and South Korea is driving regional growth of the market.

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For the purpose of this report, Reports and Data has segmented the global retort packaging market on the basis of packaging type, packaging, process, end user, and region:

By Type

Pouches
Trays
Cartons
Others

By Material

PET
Polypropylene
Aluminum foil
Polyethylene
Polyamide
Paperboard
Others

By End-use

Food
Beverages
Others

By Region Outlook (Revenue, USD Billion; 2018-2028)

North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- Rest of MEA
Latin America
- Brazil
- Rest of LATAM

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August 13, 2021 0

Micronutrients Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2028

The global Micronutrients Market is expected to reach USD 6.87 Billion by 2028 at a CAGR of 8.4%, according to a new report by Reports and Data. The augmenting demand from the agricultural sector to improve crop yield, growing incidences of plant diseases, and the increasing awareness about the critical advantages of micronutrients are the primary factors contributing to the market growth. The market is predominantly driven by the escalating need for efficient plant nutrition products to overcome the deficiency of micronutrients in plants.

Additionally, the diminishing proportion of the arable land in major economies and the growing levels of contamination in the soil are projected to add traction to the market growth. Micronutrients play a crucial role in the growth and metabolism of plants, and subsequently, humans and animals. They are projected to have an impact on the immune system and reduce the risks of cancer and other severe illnesses in humans. This has boosted the shift of consumers towards a nutrient-dense diet, which is, in turn, projected to drive the market growth in the forecast timeframe.

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Key Players –

Agrium Inc., BASF SE, Aries Agro Ltd., Coromandel International Ltd., Yara International, Valagro, Gujarat State Fertilizers & Chemicals, AkzoNobel, Tradecorp International, Mosaic, and Cheminova.

Key Highlights from the Report:

Zinc is projected to observe a significant growth in the market in the estimated timeframe accredited to the increasing deficiency of zinc in the soil and the important role of zinc in plant growth and development.
The hydroponics segment is estimated to register a significantly high growth rate in the projected period attributed to its rapid adoption in agricultural practices due to the rapidly declining availability of cultivable land.
The soil segment is forecast to grow at a rapid rate in the timeframe owing to its easy-to-use and cost-efficient applications. The increasing preference of this mode by the farmers coupled with the expanding use of conventional agricultural equipment is projected to further drive the segment’s growth.
The chelated form is projected to observe considerable growth in the timeframe owing to the increasing need to enhance micronutrients’ efficiency in the soil, increasing development of innovative chelated micronutrients, and the high stability of chelated micronutrients.
The fruits and vegetable segment is projected to record substantial growth in the estimated timeframe owing to increasing consumption of fruits and vegetables, consumer shift to a vegetarian diet, and escalating demand for nutrition-dense crops.
North America is projected to grow at a substantial rate in the timeframe accredited to the escalating decrease in the area of agricultural land. The increasing awareness among the farmers regarding crop nutrition, the presence of major manufacturers, and extensive R&D activities in the region are contributing to the market growth.

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For the purpose of this report, Reports and Data has segmented the global Micronutrients Market based on Crop Type, Type, and Region:

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America
- U.S
- Canada
- Mexico
Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
Latin America
- Brazil
- Rest of LATAM
Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA

Type Outlook (Revenue, USD Billion; 2018-2028)

Zinc
Molybdenum
Boron
Manganese
Others

Form Outlook (Revenue, USD Billion; 2018-2028)

Chelated
Non-chelated

Application Outlook (Revenue, USD Billion; 2018-2028)

Soil
Hydroponics
Foliar

End-user Outlook (Revenue, USD Billion; 2018-2028)

Cereals
Fruits & Vegetables
Pulses & Oilseeds
Others

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August 13, 2021 0

Tertiary Amines Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2028

The global tertiary amines market size was USD 4.30 billion in 2020 and is expected to register a CAGR of 5.6% during the forecast period.

Over the coming years, the personal care industry is projected to see significant growth, with the market size predicted to be more than USD 51 billion in 2021. It is estimated that the U.S. will spend almost USD 83 million on personal care items in 2021. As such, in North America, the personal care industry is also projected to increase the size of the demand for tertiary amines.

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Europe is the third-largest region for tertiary amine intake. Regional demand is projected to drive the growth of the textile and personal care industries. It is expected that the introduction of strict regulations implemented by government bodies and organizations for the treatment of waste water would increase the demand for chemicals for water treatment.

Major Players of this market –

Albemarle Corporation, KLK Oleo, Kao Corporation, Eastman Chemical Company, Arkema, Balaji Amines, Temix Oleo Srl, Indo Amines Ltd., Dow Chemical, Solvay

Key Highlights from the Report:

Demand for disinfectants has reported massive growth over 2020 in a coronavirus-plagued world. As these amines find substantial application in sanitizers and disinfectant wipes, goods that are currently so much in demand that the supply chain is struggling to keep track, this has positively affected the tertiary amine industry
As these amines find substantial application in sanitizers and disinfectant wipes, goods that are currently so much in demand that the supply chain is struggling to keep track, this has positively affected the tertiary amine industry
To meet this growing demand for tertiary amines, chemical producers such as Eastman Chemical Corp. are gearing up. Eastman Chemical Corp. has announced that its ability for the production of tertiary amines at its Belgian facility would be increased. Eastman Chemical Corp. is the world’s leading tertiary amine manufacturer, and the company has made substantial investments in resolving the supply gap in demand.
The report segments the market for tertiary amines on the basis of various tertiary amine forms, including C-8, C-10, C-12, C-14, and C-16.
Surfactant is the tertiary amines market’s key application category.
The end-use of personal care is likely to show a substantial CAGR over the projected period in terms of sales.
Tertiary amines and their derivatives are used in the pharmaceutical industry as intermediates for medicinal drug production.
The Asia-Pacific tertiary amine market experienced the highest growth in 2020 as a result of the rapidly growing agricultural chemical industry in emerging economies such as China, India, Japan, and South Korea. The emergence of key suppliers of raw materials and manufacturers with large production capacities is expected to further propel regional growth.

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Segments Covered in the Report
For the purpose of this study, Reports and Data has segmented the global tertiary amines market report on the basis of product, application, end-use, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2028)

C-8 TA
C-10 TA
C-12 TA
C-14 TA
C-16 TA
Others

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2028)

Surfactants
Biocides
Floatation Agents
Corrosion Inhibitors
Emulsifier
Drilling Material
Others

End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2028)

Cleaning Products
Agricultural Chemicals
Personal Care
Petroleum Industry
Water Treatment
Plastics
Pharmaceuticals
Textiles & Fibers
Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2028)

North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- The U.K.
- France
- Italy
- Belgium
Asia Pacific
- China
- India
- Japan
- South Korea
Central & South America
- Brazil
Middle East & Africa

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August 13, 2021 0

Oil Spill Management Market Revenue, Regional & Country Share, Key Factors, Trends & Analysis, To 2028

The global oil spill management market size is expected to reach USD 197.49 Billion in 2028 and register a moderate CAGR during the forecast period, according to a latest report by Reports and Data. Factors such as rising demand for onshore and offshore drilling management solutions and services and increasing volumes of oil and gas transportation through pipelines and tankers, which sometimes results in oil spills and pipe ruptures, are driving market growth.

The common factor driving revenue growth of the global oil spill management market increasing need for managing potential operational oil spills such as spills during exploration, production, refining, and transporting. Oil spill management includes utilization of technologies to prevent any possible oil spills, development of strategies for clean-up after a spill, and implementation of strategies to reduce waste during various phases and processes related to oil.

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Major Participants of this market –

Cameron International Corporation, Ecolab Inc., Hyundai Heavy Industries Co., Ltd., National Oilwell Varco, Fender & Spill Response Services L.L.C., SkimOil, Inc., COSCO Shipyard Group Co., Ltd., Control Flow Inc., Northern Tanker Company Oy, and GE Oil & Gas.

COVID-19 impact:
The COVID-19 pandemic and subsequent lockdown and lethargic limp back to the new normal had impacted ability to offer oil spill clean-up management, despite the fact that exploration activities continued on grounds of ‘essential services’. The market for oil spill management witnessed a setback during the pandemic due to low manpower availability and social distancing norms and personal preferences. The situation has resulted in major decline in demand for oil from globally, which has also had serious economic consequences in the Middle East.

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Some key findings in the report

Post-oil spill management includes use of chemical, mechanical, and biological technologies. The mechanical post-oil spill management technology segment accounted for largest revenue share in 2020. This segment includes sorbent and skimmers, which are generally used for oil spill cleanups.
Skimmers are deployed on boats to remove contaminants from water surfaces. These are designed to suck up spilled oil from the water like a vacuum cleaner. Skimmers are also used to physically separate oil from water so the recovered fluid can be processed for further use.
The offshore sub-segment dominated other sub-segments in terms of revenue share in the pre-oil spill application segment in 2020. Growing need to monitor leaks in pipelines in remote locations or underwater locations has been fueling revenue growth of the offshore sub-segment.
North America accounted for largest revenue share in 2020, due to extensive oil- and gas-related activities in countries in the region. Furthermore, past incidences of oil spills and their adverse effects on the ecosystem have resulted in deployment of more stringent regulations that players in the market need to comply with.

For the purpose of this report, Reports and Data has segmented the global oil spill management market on the basis of technology, response technique, application, and region:

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America
- U.S.
- Canada
Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
Middle East and Africa
- Saudi Arabia
- UAE
- Rest of MEA
Latin America
- Brazil
- Rest of LATAM

Technology Outlook (Revenue, USD Billion; 2018-2028)

Pre-oil spill
- Pipeline Leak Detection
- Double-hull
- Blow-out Preventers
- Others
Post-oil spill
- Chemical
- Mechanical
- Biological
- Others

Response Technique Outlook (Revenue, USD Billion; 2018-2028)

Mechanical Containment and Recovery
- Containment Booms
  - Sorbent Booms
  - Hard Booms
  - Fire Booms
  - Others
- Skimmers
  - Oleophilic Skimmers
  - Weir Skimmers
  - Non-oleophilic Skimmers
  - Others
- Sorbent
- Others
Chemical recovery
- Gelling Agents
- Dispersing Agents
- Others
Biological Recovery
Others

Application Outlook (Revenue, USD Billion; 2018-2028)

Pre-oil Spill
- Onshore
- Offshore
Post-oil Spill
- Onshore
- Offshore

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August 13, 2021 0

Alpha-Methylstyrene Market Size and Analysis, Trends, Recent Developments, and Forecast Till 2028

The global alpha-methylstyrene market is forecast to reach USD 591.3 Million by 2028, according to a new report by Reports and Data. Alpha-methylstyrene (AMS) is an intermediate co-monomer used in a range of polymerization processes to improve impact and heat resistance of the polymers, plasticizers, resins and others. AMS competes with styrene for its better characteristics and over which it is more stable and easier for the handling process. The demand for the Alpha-Methylstyrene are propelling owing to the increasing demand of the acrylonitrile butadiene styrene (ABS) thermoplastic polymer. ABS possesses the highest market in terms of revenue for AMS market with more than 26% of the overall market share in 2018. P-Cumylphenol, plasticizers, and waxes also add to the market growth substantially.

Major Players Of This Market –

Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., Versalis SPA, Taiwan Prosperity Chemical Corp., INEOS Group Holdings S.A., DOMO Chemicals, Yangzhou Lida Chemical Co. Ltd., AdvanSix Inc., Omskiy Kauchuk, and Altivia Corporation.

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Asia Pacific region, being the global manufacturing hub for the plastic-based products and having the highest customer base of the consumer goods and appliance, is forecast to generate the highest revenue of USD 211.4 Million in the year 2026.

Further key findings from the report suggest

Acrylonitrile butadiene styrene (ABS) resin had a market share of 26.1% in the year 2018. The growing trend of using the ABS plastics in various end-use applications due to its highly recyclable and non-toxic properties, are actively helping the AMS market grow apace in the forecast period. The CAGR is calculated to be 3.2% during the period 2021 – 2028.
Automotive components such as cavity seals, gaskets, gears, bears, and batteries are some of the end-use products which add to the revenue of the alpha-methylstyrene market. The impressive growing number of the automobiles especially in the developing countries are the high driving factors of the market. Automotive equipment segment will possess a market share of 13.8% by 2026.
APAC, having the highest number of emerging economies coupled with the highest customer base of the consumer goods and appliance and due to the immense advancement in the manufacturing industries, is growing with the fastest CAGR of 3.6% throughout the forecast period. China, India, and South Korea are some of the most valuable contributors in this region.
North America is accounted to achieve a significant market share of 22.7% by 2026, with a CAGR of 2.3% in the forecast period.
Europe had the second highest market share of about 27.3% in 2018 and would grow at a CAGR of 2.6% during the period 2019 – 2026.

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For the purpose of this report, Reports and Data have segmented the global alpha-methylstyrene market on the basis of the purity, end-use Market, applications, and region:

Purity Outlook (Revenue, USD Million; 2018-2028)

Assay Above 99%
Assay Up To 99%

End-Use Market Outlook (Revenue, USD Million; 2018-2028)

Plastic Manufacturing
Textile Industry
Home Décor
Polish & Dye
Automotive Equipment
Water Treatment
Food Additives
Paper Molding
Adhesives & Coatings
Odorants
Others

Applications Outlook (Revenue, USD Million; 2018-2028)

Acrylonitrile Butadiene Styrene (ABS) Resin
P-Cumylphenol
Acrylic Resins
Waxes
Antioxidants
Plasticizers
Other Polymers

Regional Outlook (Revenue, USD Million; 2018-2028)

North America
- U.S.
Europe
- UK
- France
Asia Pacific
- China
- India
- Japan
MEA
Latin America
- Brazil

How does our report help you?

By providing well-researched insights based on trends observed in the sector
By defining and analyzing the current market scenario
By identifying promising growth prospects and growth rate of major market segments and sub-segments
By examining business verticals and products available in the industry, to draw insights from the competitive dynamics of the market
By undertaking effective strategic planning and industry dynamics to facilitate constructive decision-making.

The report emphasizes the following key questions:

What are the most lucrative and promising growth prospects for the market?
Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?
Which geographies are estimated to exhibit the highest growth and the underlying causes?
Which factors are impacting the future of the market and what are the driving factors?
What are the hurdles and challenges curtailing the industry’s growth in the forecast peri

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August 13, 2021 0

Methionine Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2028

The global methionine market is forecast to reach USD 5,940.9 Million by 2028, according to a new report by Reports and Data. Methionine is a naturally occurring amino acid and the only one that contains sulfur. It serves as an antecedent for all other sulfur-containing amino acids and the derivatives. The market is projected to witness a stable growth during the forecast period.

A study has indicated the fact that the amino acid, when used as a supplement in rodents, provides protection from gamma-radiation-induced-global DNA hypomethylation and enhances methylation levels. Such positive results associated with the use of the acid as a supplement would, in turn, elevate its demand from the food and dietary supplement sector. In the human body, it is associated with minimizing risk of ovarian & rectal cancer among women and & proximal colon cancer in men. In the liver, amino acid is adenosylated and followed by which it is converted to s-adenosyl methionine (SAM). A diet that is deficient of the amino acid result in minimizing cellular adhesion and increased gene expression & apoptosis rate. Thus, it is due to the vital role it plays in human body and that results in its increased demand and associated market growth.

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Key Players Of This Market –

Key participants include Novus International, Evonik, Adisseo, Sumitomo Chemicals, CJ Cheiljedang, Phibro, Ajinomoto Co., Inc., Sunrise Nutrachem Group, Prinova Group LLC and Chongqing Unisplendour Chemical.

Further key findings from the report suggest

The methionine market held a market share of USD 3,952.0 Million in 2020. It is projected to witness a growth rate of 5.20% during the forecast period.
In context to Product Type, the DL-Methionine segment generated the highest revenue of USD 2.12 Billion in 2018, with a CAGR of 4.8% during the forecast period. Factors like its extensive application in the pharmaceuticals and dietary supplements sectors because of its traits like high antioxidant capacity, along with its advantages like reduced nitrogen excretions and performance supported during heat stress, contributes to the revenue generated by this segment.
In regards to Raw Material, the Plant-based segment generated a higher revenue of USD 2.61 Billion in 2018, with a CAGR of 4.9% during the forecast period. The revenue generated by the Plant-based segment is resultant of the raising awareness about environmental concerns associated with animal-based products like sixth mass extinction and consequential elevated demand for bio-based products.
In the context of Application, the Animal Feed segment occupies the largest market share of 79.0% in 2018, with the fastest growth rate of 5.0% during the forecast period. The market share held by the Animal Feed segment is attributed to increasing awareness about livestock health, and occurrences of animal disease outbreaks that have boosted the use of the amino acid in the diet of animals to enhance the nutritional value.
In regards to region, Europe occupies the second-largest market share of0% in 2018, with a CAGR of 4.5% during the forecast period. The market share held by Europe is the resultant of increasing geriatric population and rising demand for dietary supplements in this region.

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For the purpose of this report, Reports and Data have segmented the methionine market according to Product Type, Raw Materials, Application, and Region:

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

North America
- U.S.
Europe
- UK
- France
Asia Pacific
- China
- India
- Japan
MEA
Latin America
- Brazil

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

Methionine Hydroxy Analogue (MHA)
DL-Methionine
L-Methionine

Raw Material Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

Animal-based
Plant-based

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

Food & Dietary Supplements
Animal Feed
Pharmaceuticals

Objectives of the report:

To study the current impact of COVID-19 on leading segments of the industry and to project changes in the sector due to the pandemic.
To calculate the market size, in both value and volume, and CAGR for the base year and the forecast period.
To study the technological advancements in the sector in recent years and the technological pipeline and project the impact of the pandemic on technological advancements and spending by companies.
To conduct a regional analysis by considering market presence in the leading regions.
To study key trends observed in the historical analysis and speculate future trends.
To assess the region expected to grow at a significant pace in the coming years and key factors contributing to the overall revenue.
To highlight the existing growth opportunities, challenges, risks, drivers, and constraints expected to affect the market in the coming years.
To profile leading companies in the industry, along with their product portfolios and strategic alliances.

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August 13, 2021 0

Aerospace Plastics Market Revenue Analysis & Region and Country Forecast To 2028

The aerospace plastics market is expected to reach USD 27.74 Billion by 2028, according to a new report by Reports and Data. Aerospace plastics have low moisture absorption, high temperature, and chemical resistance, high strength, and stability even under stress, and insulating features. They can also be accurately manufactured to hold tight tolerations, and some have self-lubricating features that make them excellent for high-wear purposes like bearings. They offer a high degree of freedom when creating complex parts, allowing for the production of parts that cannot be obtained with conventional metal.

The features of high-end plastics offer various benefits to the aerospace industry, weight decrease being the most prominent one. By turning large parts of aerostructure from metal to plastic, aerospace engineers can reduce an aircraft’s weight significantly without endangering strength. Decrease in overall weight directly influences a plane’s performance and production, with abundant savings in fuel and repair costs.

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Major Players of this market –

The Key players in the Aerospace Plastics Market include Tech-Tool Plastics Inc., HITCO Carbon Composites, Inc., Premium Aerotec, Toray Carbon Fibers America Inc., Mitsubishi Heavy Industries Limited, Toho Tenax Company Limited, Ensinger GmbH, Hexcel Corporation, SGL Carbon SE, Saudi Basic Industries Corporation, Hyosung Corporation, and Kaman Corporation.

Further key findings from the report suggest

The Aerospace Plastics Market is estimated to reach USD 23.98 Billion by 2026, at a CAGR of 6.9% during the forecast period.
The increasing demand for additive manufacturing, such as 3D printing, is known to be the critical trend elevating the market growth.
The commercial aircraft type accounts for the largest share of 30.1% of the market in 2018.
The line fit type is anticipated to grow at the higher rate of 7.0% during the forecast period.
The cabin interior application segment is anticipated to grow at the highest rate of 7.5% during the forecast period.
The PMMA (Polymethyl Methacrylate) plastic type is anticipated to grow at the highest rate of 7.0% during the forecast period.
APAC is anticipated to witness a CAGR of 6.9% during the forecast period owing to increasing aircraft demand. The airliners are continuously expanding the fleet size to meet passenger demand.
An increase in demand for aircraft in developing economies of Asia Pacific, such as China and India and an increase in demand for lightweight aircraft are expected to drive the market during the forecast period.
Various players are developing strategies to mark their presence in the industry.
For example, in 2016, Sekisui Polymer Innovations introduced aviation-grade thermoplastic sheet for aircraft seats and additional interior components. Also, the development of thermoplastic grades, including PTFE, POM-C, POM-H, and PA66, and their application in commercial aircraft parts will boost the market share.

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For the purpose of this study, Reports and Data have segmented the market on the basis of Type, Aircraft Type, Application, Plastic Type, and region:

Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Line Fit
Retrofit

Aircraft Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Commercial Aircrafts
General & Business Aircrafts
Military Aircrafts
Rotary Aircrafts
Others

Application Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

Aerostructure
Cabin Interiors
Components
Equipment
Others

Plastic Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

PMMA (Polymethyl Methacrylate)
PC (Polycarbonate)
ABS (Acrylonitrile Butadiene Styrene)
PEEK (Polyetheretherketone)
PPS (Polyphenyl Sulfide)
Others

Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)

North America
- U.S.
Europe
- France
- UK
Asia Pacific
- China
- India
- Japan
Latin America

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August 13, 2021 0

Passion Flower Extracts Market Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2027

The Passion Flower Extracts Market is projected to reach USD 3.97 billion in 2027. The growing use of antioxidant compounds such as isovitexin, vitexin, quercetin, kaempferol, apigenin, rutin and luteolin glycosides are expected to stimulate demand growth in foodstuffs, pharmaceuticals and personal care products.

One of the primary markets is projected to remain in the pharmaceutical industry. A growing number of health concerns, including insomnia and anxiety disorders, attributable to fluctuating diet and hectic working environments for the workers, are projected to push pharmaceutical firms to use passion floral extract as functional ingredients.

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Major Players Of This Market –

Saw Palmetto Harvesting Company, Monterey Bay Spice Company, Vitacost, Indena S.p.A., The Good Scents Company, Naturalin Bio-Resources Co., Ltd, SBL Global, Avena Botanicals, Alchem International Pvt. Ltd., and Martin Bauer Group, among others.

Further key findings from the report suggest

The demand growth for passion flower extract is driven primarily by the remedy industry, followed by the food and beverage industry as well as food supplements.
The associated CNS effects are caused by the active ingredients of the passion flower extracts such as chrysin and pyrone derived maltol.
From 2019 to 2027, organic products are projected to grow most rapidly in CAGR. The growing demand for organic products is driving increasing concerns about the impacts of hazardous chemicals found in traditional products.
During the forecast era, the pharmaceutical segment will increase significantly. The segment growth is projected to be driven by high demand in pharmaceutical applications such as anxiety and insomnia cure.
From 2019 to 2027 it is expected that the personal care segment will rise fastest. The product is rich in vitamins A and C, as well as essential fatty acids that protect the skin.
The most rapid expansion of the 2019-2027 CAGR is expected in North America. In countries including the United States and Canada, a high prevalence of insomnia is expected to raise drug demand.
In March 2019, BI Nutraceuticals, a leading full service producer and supplier of plant-based ingredients, was acquired by Martin Bauer Company. This acquisition is expected to create a large portfolio of the company’s botanical ingredients. This will also increase the US customer base for the product.

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For the purpose of this report, Reports and Data has segmented into the Passion Flower Extracts Market on the basis of Product, Application, and Region:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Organic
Conventional

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Pharmaceutical
Nutraceutical
Personal care
Food and beverages

Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

North America
- U.S
- Canada
Europe
- UK
- Germany
- France
- BENELUX
Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
Latin America
- Brazil
- Rest of LATAM
MEA
- Saudi Arabia
- UAE
- Rest of MEA

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August 11, 2021 0

Potash Fertilizers Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2027

The global potash fertilizers market is expected to reach USD 31.81 Billion by 2027, according to a new report by Reports and Data. Growing demand for potash fertilizers for high crop yield is one of the significant factors influencing the market growth. Fertilizers allow farmers to increase their crop yield by boosting the productivity of the agricultural land, as well as can make an otherwise less productive land produce substantial yields. Fertilizers are formulated to support the yield of certain plants by allowing the plants to absorb the essential macro and micronutrient easily.

Key Players Of This Market-

The Mosaic Company, Helm AG, Agrium Inc., JSC Belaruskali, Israel Chemicals Ltd., Eurochem Group AG, Borealis AG, Potash Corporation of Saskatchewan Inc., Yara International ASA, and Sociedad Química Y Minera De Chile S.A. (SQM), among others.

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COVID-19 Impact

The COVID-19 pandemic is having a significant impact on the potash fertilizer industry. Demand for chemicals is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Lack of free movement of the labor force required for the application of fertilizers in the agricultural fields is lacking, thereby hindering the growth of the market in the COVID-19 pandemic. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.

Further key findings from the report suggest

By product type, potassium chloride contributed to the largest market size in 2019. Potassium chloride contains a high proportion of potassium, which is beneficial in promoting healthy plant growth and imparting disease resistance. Further, it helps in providing strength to stem and formation of fruits.
By mode of application, foliar is likely to grow at a significant rate of 3.8% in the forecast period. Foliar potash spray is considered advantageous in the case of plants that are deficient of vital nutrients. Foliar plant spray comprises the application of fertilizer directly to the leaves of a plant rather than the soil.
By crop type, cereals & grains held the second-largest market size in 2019 and is likely to grow at a rate of 4.2% in the forecast period. An increase in population and the resulting rise in demand for food materials has resulted in an increase in the demand for potash to improve crop production, thus increasing the demand for fertilizers worldwide.
Europe is likely to grow at a rate of 3.2% in the forecast period. The market dominance of Europe is owing to the presence of leading market players in the region. Also, there is an increased usage of potash fertilizers in Europe for better cereal crop yield.
In February 2020, Gensource made an announcement about the inclusion of HELM AG and HELM Fertilizer Corp (North American subsidiary of HELM AG) as its Tugaske Project’s offtake partner.

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For the purpose of this report, Reports and Data have segmented the global potash fertilizers market on the basis of product type, mode of application, crop type, and region:

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

North America
- US
- Canada
Europe
- Germany
- UK
- France
- Benelux
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Rest of Latin America
MEA
- Saudi Arabia
- UAE
- Rest of Middle East and Africa

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Potassium Chloride
Potassium Nitrate
Sulfate of Potash

Mode of Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Foliar
Broadcasting
Fertigation

Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others

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Contact Us:

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August 11, 2021 0

Linalyl Acetate Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2027

The Global Linalyl Acetate Market is projected to reach USD 16.61 billion by 2027. The market is fueled by the rising trend of usage of Linalyl Acetate in essential oil production, and extensive growth of the overall cosmetic & personal care industries, and proliferating usage of anti-inflammatory & pain relief products. Huge demand for the personal care industries specializing the skincare and toiletries products, and a sudden enormous lift in the growth of the stress relieving & relaxing medicated oils, have substantially propelled the overall market growth and expected to add to the market share predominantly in the forthcoming years.

Linalyl acetate essential oils, linalyl acetate safety, Linalyl Acetate, linalyl acetate synthesis, linalyl acetate lavender, linalyl acetate and Linalyl Acetate to name a few are the hugely demanding topics and factors the end-users are concerned about and have been influencing the market growth in many ways, have been additionally discussed in details in the report. Leading and growing players in the market that have been investing an extensive amount in the research & development in such corresponding factors have observed enormous growth in their business.

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Key Players of this market –

Purong Essences, Jiaxing Sunlong Industrial & Trading, Arora Aromatics Pvt. Ltd., BASF SE, Chemical Point UG, Phoenix Aromas & Essential Oils LLC, Robertet Group, Aroma Chemical Services International GmbH, DSM, and Axxence Aromatic GmbH, among others.

Further key findings from the report suggest

Domestic Grade is referred to as the manufacturing processes used by companies that produce end-use products for the household usage or intended to be used by the common individuals. The domestic grade is growing fastest with a 5.3% CAGR during the projected time period.
The extraordinary growth in the perfume & deodorant market due to impressive new product line-ups and active youth consumer base is the prime diver of this market. The perfumes are solely made by the synthetic chemical compounds. Because of the biotechnological advancements, the synthetic ingredients have accomplished a considerable improvement. New odors and flavors have been accumulated according to various tastes, which would cater to the new consumers resulting in the final market growth.
Increasing usage of the insect repellent products such as mosquito repellent, pest control, flea, fruit fly, and cockroach insecticide, and stress relieving essential oils, the demand for the Linalyl Acetate is predominantly being driven every year.
Advancement in manufacturing techniques, a higher availability of the resources for the manufacturing units, dexterous processing technique, higher production capacity, increased consumers, and favorable business models of export & import, the Asia Pacific developing countries have been in trend for the raw material and chemical products outsourcing.

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For the purpose of this report, Reports and Data have segmented the global market on the basis of type of fragrance, grade, sales channel, applications, and region:

Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)