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Neonatal Intensive Care Market Scrutinized in the New Analysis

The global market for neonatal intensive care holds commendable growth opportunities for market players in the contemporary times. The demand for neonatal intensive care has been rising which has assisted the growth of the market players. The leading market players in the global market for neonatal intensive care have been making ardent efforts to ensure that their position in the market is not compromised.

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Furthermore, these market players have also been focusing on producing the most effective and efficient systems for prenatal intensive care. It is expected that the cumulative efforts of all the leading players would amount to an increased level of competition in the global market. The smaller players have not proved their mettle in the global market and are yet to make major breakthroughs with regards to product innovation. It is anticipated that the medium and small-sized players would join hands to challenge the supremacy of the larger players.

Furthermore, it is also projected that the larger market players would aim to strengthen the barriers to the entry of new players in order to keep reigning over the market. Some of the key players in the global market for neonatal intensive care are Teleflex Incorporated, B. Braun Melsungen AG, C. R. Bard, Inc., and Becton, Dickinson and Company. These market players have done especially well attracting the healthcare sector towards their products and offerings.

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The global neonatal intensive care market is projected to expand at a respectable CAGR of 5.50% over the period between 2017 and 2025. Furthermore, the global market is expected to stand at a net worth of  US$9.0 bn by the end of 2025 as against a value of US$5.9 bn in 2017. Based on geography, the global market for neonatal intensive care is expected to be led by North America.

Rising Incidence of Disorders and Diseases in New-borns to Drive Demand

The field of neonatal care has been making key advancements in recent times as the need for better care of new-borns has increased. The number of new-born kids who suffer from several kinds of diseases and disorders has also increased in recent times, and this has pushed demand within the global market for neonatal intensive care.

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Furthermore, the medical practitioners, doctors, and specialists have been focusing on the need for better neonatal care in order to ensure that the child is prevented from acquiring infection or diseases. This has given an impetus to the growth of the global market for neonatal intensive care. The government has also been pressing hospitals and healthcare centers to ensure proper treatment of infants and protecting them from hospital-acquired infections.

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Respiratory Devices to Emerge as Leading Segment

Based on the type of products, respiratory devices have clocked in the highest demand in recent times. Several new born babies are seen to suffer from respiratory problems during their initial days due to a variety of reasons. It is also true that the demand for respiratory devices in neonatal intensive care has escalated due to the need for respiratory aids in women.

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Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Cardiac Patch Market Expected to Witness a Sustainable Growth over 2025 According to a New Research Report

Cardiomyocytes are the single nucleus cylindrical and elliptical cells of the heart measuring 80–120 µm in length and 20–30 µm in diameter. Cardiomyocytes have a limited capacity to regenerate. The lost cardiomyocytes are replaced by fibroblasts and myofibroblasts which form scar tissues. The formation of these non?contracting fibrous scars alters the workload of the myocardium and results in congestive Heart Failure (HF), which has serious implications on the patient in terms of life expectancy, and further causes hypertension, coronary artery disease, and myocardial infarction (heart attack).

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Hence, the regeneration of the myocardium is essential for the survival of patients. Cardiac patches are heart repair products that incorporate human cells to replace damaged heart tissue. The cardiac patch contracts and expands like a normal human heart tissue and is developed by tissue engineering approach which creates three-dimensional porous scaffolds to create functional cardiac patches for transfer of exogenous cells.

Cardiac patch, which is a suitable alternative to heart transplant, recovers the heart tissue and ensures its sound functioning. The integration of advanced features such as therapeutic control through drug release is another groundbreaking innovation which is expected to be introduced in the cardiac patches and marketed globally in the coming decade.

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Such improvisations and additional features to the existing cardiac patches is anticipated to fuel the growth of the global cardiac patch market significantly during the 2017-2025 period. However, the limitations of cardiac patches such as the formation of aneurysms and the obstruction of growth potential because of ingrown tissue and calcification leads to multiple replacements and can hamper the market growth.

The global cardiac patch market can be segmented based on end-users and region. In terms of end-users, the market can be divided into hospitals and specialty clinics. The hospitals segment is likely to hold a major share in the global cardiac patch market owing to higher number of procedures performed in hospitals and its continued rise each year. The hospitals segment is likely to continue to dominate the market during the forecast period owing to the availability of novel surgical procedures in these settings. Additionally, the number of hospitals is higher than other healthcare facilities/providers across the globe, especially in low- and middle-income countries.

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In terms of region, the global cardiac patch market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to dominate and account for more than half the share of the global market through 2017 to 2025, owing to factors such as higher prevalence of heart disorders as compared to other countries coupled with high per capita healthcare expenditure and product availability.

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Cardiovascular diseases (CVDs) are listed as a major cause of mortality across the world, and are also responsible for one in every three deaths in the U.S. According to the American Heart Association, 45% of all the deaths in the U.S. occurred due to heart diseases each year, and an estimated 92.1 million people in the U.S. were living with cardiovascular diseases in 2016.

The global cardiac patch market has few players currently but would witness market entry of some startups. The major players operating in the global cardiac patch market are W. L. Gore & Associates, BARD Peripheral Vascular, MAQUET Holding B.V. & Co. KG, and Taewoong Medical Co., Ltd. among others.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Semen Analysis Market Industry Players Are Leveraging Market Growth According to Demand Forecasts

Semen analysis is a test performed to check health, quality, and viability of sperms. It is performed by couples unable to conceive naturally or in animal research and breeding centers. The basic parameters checked during the test include semen volume, sperm concentration, sperm motility, sperm morphology, presence of white or red blood cells, percentage of immature sperms present in the sample, and presence of anti-sperm antibodies in the sample.

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It is the first line investigational test performed on the male partner when a couple is unsuccessful in conceiving for more than a year. According to the University of Utah Health Sciences Center, male infertility accounts for 40% to 50% of unsuccessful conception.

Increase in prevalence of male infertility, changing lifestyles, rise in awareness about advanced fertility methods such as IUI and IVF, surge in spending capacity, and high adoption of advanced semen analysis methods such as computer assisted semen analysis (CASA) by diagnostic laboratories are the factors expected to boost the growth of the global semen analysis market during the forecast period. Moreover, increase in number of pet animals, surge in demand for animal food, and rise in animal research centers are expected to propel the global semen analysis market during the forecast period. However, high cost of assisted reproductive technology, low awareness in economically poor countries, and stringent tax rules on medical devices in the U.S. are expected to restrain the global semen analysis market.

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The global semen analysis market can be segmented based on product type, by application, end-user, and region. In terms of product type, the market can be categorized into semen analyzers, software, centrifuges for sample preparation, semen counting chambers, semen test kits, and semen analyzing disposables and accessories. The semen analyzers segment can be bifurcated into manual semen analyzers and automated semen analyzers.

Based on application, the global semen analysis market can be classified into human application and veterinary applications. In terms of end-user, the market can be divided into hospitals, fertility centers, diagnostic centers, cryobanks, home care settings, research centers, and animal breeding centers. The diagnostic centers segment is expected to hold maximum market share of the global semen analysis market by 2026.

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Increase in number of new launches of home-based semen test kits is expected to drive the home care settings segment during the forecast period. In March 2008, ContraVac, Inc. announced approval from the U.S. Food and Drug Administration (FDA) for SpermCheck Vasectomy, a diagnostic kit useful to confirm men’s post-vasectomy sterility.

In terms of region, the global semen analysis market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market owing to high awareness about advanced fertility methods, high per capita disposable income, and increase in number of new product launches in the region. Europe is expected to be the second largest market for semen analysis. Asia Pacific can be considered as an emerging market for semen analysis. The market in the region is expected to expand at the highest CAGR during the forecast period, attributed to increase in awareness about available fertility methods, rise in number of fertility centers, economic growth, and rise in spending capacity of the population.

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Key players operating in the global semen analysis market include Hamilton Thorne, Inc., Medical Electronic Systems, LLC, MICROPTIC, Biophos SA, ContraVac, Inc., MMCSoft, SwimCount, MotilityCount ApS, and Projectes i Serveis R+D S.L.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Health & Wellness Services Market Discussed in a New Market Research Report

Health & wellness is a broad terminology which covers various techniques, services, and product offerings provided for maintaining fitness, health, and wellbeing of individuals around the world. Health includes various parameters such as mental, social, emotional, and others. Wellness is a form of quality of life, which includes mental and physical wellness, emotional, and socio-economic wellness, along with fitness, nutritional, and other important forms of wellness.

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Health & wellness service providers offer different types of wellness and fitness services to improve efficiency of employees, and reduce overall health care costs. Health & wellness service providers offer customized solutions and service offerings, tailor-made to suit individual needs to promote workplace and individual health & wellness.

Increase in indirect health care costs associated with lack of productivity of employees, absenteeism, loss of work days, and other factors have led employers in various organization across the world to indulge in health & wellness service offerings at their workplace. This helps them reduce healthcare costs and increase productivity and efficiency of employees. This is projected to drive the global health & wellness services market. Rise in awareness about health and wellness services among employers, increase in health care costs, and surge in incidence of chronic diseases are driving demand for health and wellness services in the corporate segment and increasing investments in corporate wellness programs.

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These factors are expected to drive the global health & wellness services market during the forecast period. Various clinical studies conducted to monitor efficiency of health and wellness services suggest that participation of employees in health and wellness programs over a five-year period reduces health care costs and reduces absenteeism. However, reluctance of employers and employees to implement and engage in health and wellness services are some major restrains of the global health & wellness services market.

The global health & wellness services market is segmented based on service type, end-user, and region. Based on service type, the global health & wellness services market is segmented into health risk assessment, weight management services, nutrition services, health screenings, fitness services, smoking cessation, stress management services, and others such as disease and conditions management and employee engagement.

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The health risk assessment segment dominated the global market in 2017, owing to increase in awareness regarding health and wellness and rise in participation by employers and employees in this service offering. Increase in percentage of people indulging in smoking, especially in emerging countries, is expected to drive the demand for smoking cessation services and drive the segment at a comparatively higher CAGR from 2018 to 2026. Based on end-user, the global health & wellness services market is divided into consumers/employees, employers, and others.

In terms of geography, the global health and wellness services market is segregated into five region: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the global health and wellness services market in 2017, owing to increase in adoption of health and wellness services in the U.S. and Canada. This expansion can be attributed to higher awareness about these services, combined with growing efforts of employers to reduce health care costs in the region.

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Europe accounted for the second largest share of the market in 2017, followed by Asia Pacific. Asia Pacific is anticipated to expand at a high CAGR during the forecast period, owing to increasing healthcare per capita expenditure and rise in awareness in emerging economies such as India and China.

Key players operating in the health & wellness services market include Kinema Fitness, Premise Health Inc., TotalWellness, Provant Health, Marino Wellness, Wellness Corporate Solutions, LLC, Vitality, Virgin Pulse, and Corporate Fitness Works.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Wine Barrel Market Demand and Research Insights by 2025

Wine barrel is used for storing burgundy or brandy. Wine barrel allow very limited amount of oxygen into the wine and also imparts the character of the wood into the wine. Wine barrels are predominantly used for aging of wine. Post fermentation, the wine gets stored in the wine barrel for sedimentation of bulky solid particles and makes them smooth enough. During the aging process, several flavors are added to the wine since it goes through several chemical changes. Wine barrels have a life of hundred years and the aging of wine in the barrels receives 50% of the barrel in the first use and this gradually decreases with further utilization.

Rising demand for wine is one of the key factors driving the demand for wine barrels at the global level. Oak wine barrels are appropriate for aging the wine as it makes the wine rich in quality and taste. Therefore, the market of wine barrel is growing significantly. Controlled oxidation during the aging process in wine barrels results in decreased astringency, stability and improved color of the wine, which does not happen in case of other barrel made from plastic and metals, which is another major reason for the heightened demand for wine barrels across the globe.

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Alternatives to oak barrels such as blocks, oak powders and chips in normal metal vats of wine in order to provide the essence of oak flavors and aromas is greatly hindering the growth of the wine barrel market at present. Further, the price of oak barrels is increasing over time due to the widening difference between demand and supply, which is another major factor hindering the growth of the wine barrel market.

Stainless steel barrels are expected to serve as a suitable replacement for oak barrels for storage of wine due to low maintenance cost and longer durability compared to oak wood barrels. Further, wine being naturally acidic can often oxidize wooden barrels, which will not happen in the case of stainless steel barrels. Thus this factor is expected to pose as a suitable opportunity for the growth of the wine barrel market in the future.

For the purpose of providing extensive analysis of the wine barrel market, the global wine barrel market has been segmented into wine barrel type and types of wine. Based on type, the global wine barrel market has been classified into French oak wood, American oak wood, and Eastern oak wood. French oak wood contains the highest amount of tannin. French oak wood barrels are considered as good quality barrels which produce the best quality wine. Oak wood improves the flavor of wine by releasing flavors such as vanilla, spice and butter. Further, American oak barrels are available in various sizes and can hold up several types of wine. The inside of the wine barrel if often toasted in variable degrees in order to add more flavor, aroma and color to the wine. The color, aroma and flavor of the wine will depend on the magnitude of the toast.

Based on type of wine, the wine barrel market is segmented into red wine and white wine. Further, based on toast level, the wine barrel market is segmented into light toast, medium toast, heavy toasted and untoasted.

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North America wine barrel market is accounted for the dominant position in 2016 and is expected to lead throughout the forecast period. Rapidly growing patent market for wine is the key factor driving the demand for this wine barrel market in the region. Europe wine barrel market followed closely after North America wine barrel market in terms of market share due to rapidly increasing demand for wine in the region. Asia Pacific wine barrel market and Latin America wine barrel market held a significant position in the market in 2016. In addition, the wine barrel market of Asia Pacific region is expected to witness a promising demand during the forecast period from 2017 to 2025.

Owing to the presence of several wine barrel manufacturers, the global wine barrel market is fragmented in nature. Some of the major players operating in the field of wine barrel market include OENEO, Francois Freres, THE BARREL MILL, StaVin Inc., G & P, Barry Barrels, Canton, Garbelotto S.p.A. and various others. Some of the key strategies adopted by these leading players include mergers and acquisitions, joint ventures and partnerships, geographical expansions and product innovations among others.

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Wall Covering Products Market Demand & Research Insights by 2027

Global Wall Covering Products Market: Overview

The global wall covering products market is likely to be driven by the augmented disposable income together with accelerated rate of urbanization across the globe. Globalization and urbanization has replaced the rural culture with modern, urban culture. This has ushered in the widespread of wall coverings together with various other modern products.

Wall covering comes with a lot of advantages, such as it protects the wall surface from scratches or scribbles by children or accidental marks. Wall coverings are also able to add grandeur and taste to the uncovered walls. These cost effective coverings also neutralize the interiors of commercial and residential places and customize it with many different patterns and colors, which are estimated to work in favor of the global wall covering products market in the years to come.

With the recent outbreak of COVID 19, the global wall covering products market is expected to witness a decline in demand due to stalled construction activities and fall in advertising across the various part of the world. Moreover, many governments across the globe are enforcing lockdown of towns and cities and towns of countries, which is likely to impact the global wall covering products market. Impact on the market is likely to be shaped by the supply chain disruption and complete shutdown of many distribution channels.

Type, application, distribution channel, and region are the four important parameters based on which the global wall covering products market has been categorized. The sole aim of such segmentation is to offer a clearer and detailed view of the global wall covering products market.

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Global Wall Covering Products Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global wall covering products market is mentioned below:

  • In May 2017, New Jersey-based paint manufacturer, Benjamin Moore & Co. introduced a brand new paint, Ultra Spec SCUFF-X. It is a first of its kind paint, which comes with one-component interior latex paint that is engineered specifically to put up resistance to scuffmarks in commercial, high traffic environments.

Some of the prominent organizations in the global wall covering products market include the below-mentioned:

  • Grandeco Wallfashion Group
  • Benjamin Moore & Co.
  • Asian Paints Limited (APL)
  • Walker Greenbank PLC
  • Nippon Paint Holdings Co. Ltd
  • Ahlstrom-Munksjö Oyj

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Global Wall Covering Products Market: Key Trends

The global wall covering products market is characterized by the presence of the following restraints, drivers, and opportunities.

Rise in Disposable Income and Inclination to Spend on Premium Products to Drive Demand

Wall covering products come with a wide variety of products, such as unframed mirrors, interior paints, wall panels, wallpapers, and wall tiles. Wall coverings come with a variety of texture, sizes, colors, designs, and materials. These materials comprise ceramic, paper, and metal. It also helps in the protection of walls harsh environmental elements, such as heavy rain, sunlight, and others.

A rise in the construction of residential and commercial buildings across the globe is likely to emerge as growth factors for the global wall covering products market in the years to come. In addition, the global wall covering products market is likely to be driven by the rising disposable income, increased propensity to spend on premium products, and improved standard of living is likely to encourage the expansion of the global wall covering products market in the near future. Rise in demand for accommodation is likely to emerge as another factor driving the demand for wall covering products in the near future.

Global Wall Covering Products Market: Geographical Analysis

In the global wall covering products market, Asia Pacific is likely to present immense growth opportunities in the years to come. A rise in the disposable income of the people in the region together with increased commercial and residential construction activities is likely to offer immense growth opportunities for the wall covering products market in the region.

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Natural Cosmetics Market Demand and Research Insights by 2027

Global Natural Cosmetics Market: An Overview

The assessment period from 2019 to 2027, the global natural cosmetics market will grow at a robust rate, taking the market worth up and producing new opportunities of growth to present to the market players marking its landscape. One of the most prominent factors leading to growth in the market is growing preference for eco-friendly products. Technological innovation is also taking the market towards a higher trajectory. Marketing initiatives highlighting benefits of using natural cosmetics is also helping the market grow.

Global Natural Cosmetics Market: Competitors Landscape

The global natural cosmetics market is rife with notable developments – a product of proactive measures taken by its numerous players, operating its playfield, driving the growth trajectory upward and forward. The fragmented vendor landscape has the following key players marking its competitive landscape:

  • Burt’s Bees
  • 100% Pure
  • Korres S.A.
  • Bare Escentuals Beauty Inc.
  • L’Oréal SA
  • AVEENO
  • Weleda AG
  • Arbonne International LLC
  • Avon Product Inc.
  • Coty Inc.
  • Tata Harper

The market players resort to a variety of growth strategies in order to battle out stiff competition. These include both organic and inorganic moves by these players. Some of these include a sharp focus on marketing, forging key alliances, and product improvement. A number of brands are directing efforts towards use of new and better ingredients – a measure to launch new products with a potential to capture a higher market share. Therefore, it does not come as a surprise that technological advancement and research and development are key growth determinants in the market

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Global Natural Cosmetics Market:  Key trends and drivers

A number of growth factors are marking the market landscape of natural cosmetics. One of the most prominent ones is growing perception among the consumers that these do not have any side effects. An overview of other prominent trends and drivers is provided below:

  • Increase in disposable income, particularly in developing regions of the world, is a significant factor of growth in the global natural cosmetics market over the forecast period. As affordability increases, people switch to premium products. This is a result of nations doing well on the economic front, pacing way for improved lifestyle.
  • Social media is a critical influence over people. As a number of influencers take to promotion of natural and organic products, demand curve for natural cosmetics market sees an upward curve. Additionally, it is quite significant to note here that a higher, more difficult to attain standard of beauty has also been established by social media. This is leading people to better care of themselves – their skin, hair, etc. This is a significant growth propeller in the global natural cosmetics market.

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Global Natural Cosmetics Market:  Regional Analysis

Europe has been a significant region in the global natural cosmetics market, owing to numerous reasons. The trend of dominance is set to continue into the forecast period. This will translate to a number of gainful growth opportunities in the region for market players to make the most of. It is significant to note here that the dominance is primarily an outcome of ban imposed by European Union on 1300 chemicals that were used in cosmetic products. Additionally strict laws regarding proving efficacy of products are also contributing to this growth positively. Improved momentum in the beauty industry of Asia Pacific region is also set to generate a slew of new and lucrative opportunities of growth over the forecast period.

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Tire Cord and Tire Fabrics Market – Global Industry Analysis and Forecast 2023

The global tire cord and tire fabrics market is expected to be highly consolidated due to presence of very few companies delivering significant results and highest revenues. The small firms in the market are anticipated to face strong challenge from the well-established companies, leading the market. The major reason behind it is they offer comparatively cheaper product alternatives. These key companies generally bank upon their goodwill and supply agreements in the market to progress. Hyosung Corporation, Kordarna Plus A.S., Cordenka GmbH & Co. KG, Kolon Industries, SRF Ltd., Tokusen USA, and Kordsa Global are some of the key players in the global tire cord and tire fabrics market.

According to the analyst at Transparency Market Research, “If demand for tire cord and fabrics rises at a lower rate than capacity addition, even the large players stand a chance of losing their profitability marginally.” The market is estimated to grow at a CAGR of 4.9% within the forecast period from 2015 to 2023. In 2015, the market was valued at US$4.14 bn, which is expected to reach around US$6.37 by the end of forecast period.

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On the basis of product, the steel segment is likely to lead the market. In 2014, the segment was evaluated to account for over 58% of overall market share. The segment is foreseen to continue dominating the market in coming years as well. Geographically, Asia Pacific region held the major amount of share in the global tire cord and tire fabrics market in 2014. Moreover, owing to healthy growth in two wheelers and automotive market in the mentioned region, it is foreseen to seal its dominance in forecast period as well.

Volatility in Economic Conditions to Influence Market Growth

The rising demand for automotive all over the world, especially in the developing countries of Asia Pacific is likely to fuel the sales of tire cord and tire fabrics. Since, the market is specifically related with the state of the automotive sector, fluctuations in financial conditions influencing automobile manufacturers as well. It significantly impacts the prospects for organizations dealing in tire cords and fabrics deal.

The market experts are putting their bets on these nations. The rise in the middle-class population in China and India has extensively contributed in the soaring demand for car in Asia Pacific, which makes the region the most appealing market for tire cord and tire fabrics.

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Some Regions to Experience Decrease in Demand Due to Financial Slowdown

The recovery of the U.S. economy will likewise improve the demand for tire cords and fabrics. The U.S. represents more than 60% of entire market and passenger cars sold in North America. In this manner economic restoration post-recession in year 2008-2009, will fuel the growth in tire cord and tire fabrics in the U.S. This is estimated to be a central point fuelling demand for tire cords and fabrics, globally.

On the flipside, in spite of being home to the most significant brands in the automotive sector, a few regions might witness a sharp decrease in demand for vehicles during financial slowdown.

This review is based on the findings of a TMR report, titled, “Tire Cord and Tire Fabrics Market (Product – Steel, Polyester, Nylon dipped, Rayon, and Others (Including aramid, fiberglass, PEN, etc.) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2023.”

Key Takeaways:

  • The rising demand for automotive all over the world, especially in the developing countries of Asia Pacific is likely to fuel the sales of tire cord and tire fabrics.
  • Economic restoration post-recession in year 2008-2009, will fuel the growth in tire cord and tire fabrics in the U.S. This is estimated to be a central point fuelling demand for tire cords and fabrics, globally.

The market has been segmented as below:

Tire Cord and Tire Fabrics Market – Product Segment Analysis

  • Steel
  • Polyester
  • Nylon dipped
  • Rayon
  • Others (Including aramid, fiberglass, PEN, etc.)

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Paperboard Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2024

Brand owners and product manufacturers are putting bets on paperboard for a wide range of packaging needs and specific requirements to solidify brand messaging. “The striking retail-shelf value that paperboard packaging boasts of, apart from reflecting high sustainability quotient, has drawn several retailers put stakes in the paperboard packaging market”, notes analysts. Further, brands harness paperboard packaging for high-quality digital printing, encouraging new design elements in packaging, thus upping the ante for other brands in the paperboard packaging market. Transparency Market Research (TMR) observes that the landscape is increasingly competitive and fairly fragmented, with the presence of several players of various sizes in the paperboard packaging market. The leading six players accounted for more than 60.0% of the share of the global market in 2015.

Constant entry of new players in the paperboard packaging market have kept the marketplace increasingly dynamic with wide spectrum of product launches over the past few years. Most small players are leveraging the cost-effective methods of mass-producing paperboard packaging and thereby consolidating their foothold. Such measures will also offer stiff competition to big players who boast of robust distribution channels and financial might. Some of the well-entrenched players are Sappi, ITC Limited, WestRock Company, Bohui Group, Smurfit Kappa Group, and International Paper.

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Several Salient Features Attracting End-Use Industries to Put Bets

“A large number of paperboard packaging being adopted by retailers and product manufacturers are recyclable, and hence have marked environmental friendliness”, find opinion leaders and industry experts. This is one of the many salient characteristics that have kept the demands in the paperboard packaging market increasingly lucrative. This aside, a growing numbers of products in the paperboard packaging market promise versatility, strength, and light weight. Companies, notably in cosmetic and personal care brands, are leveraging these characteristics, and are becoming key sources of revenues for solution providers in the paperboard packaging market.

The prospects are vast, as is evident in a projection in a recent report by TMR: the global paperboard packaging market is expected to reach worth of whopping US$227.47 by 2024-end, and clock a promising CAGR during the assessment period of 2016 – 2024.

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Versatility and Renewable Nature Spur Demands in Food and Beverages Packaging

Of the various end-use industry verticals, demands from the food and beverages industry are remarkably high, growing on the back of cost-effective flexible packaging. The segment is expected to garner the most rapid CAGR during 2016 – 2024. Meanwhile, the sustainability quotient of paperboard packaging has attracted other industries, most notably medical industries. Tellingly, in coming years, the share of the segment in the paperboard packaging market is expected to be high. This means that medical packaging industries will benefit from the renewable nature of the packaging material.

On the other hand, sizable demands for paperboard packaging from personal care and cosmetics industry will help propel new growth potential in Asia Pacific. This stands as one of the most prominent factors propelling the regional market to tread on the most attractive growth trajectory among all regions in the global paperboard packaging market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Paperboard Packaging Market (Product –Boxboard (Folding Boxboard (FBB), Solid Bleached Board (SBB), Solid Unbleached Board (SUB), White Line Chipboard (WLC)) and Containerboard; Application – Food & Beverages, Non-durable Goods, Durable Goods, Medical and Industrial Goods and Machinery)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2024.”

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Impact of COVID-19 on Indonesia Welding Consumables Market: Analysis of Major Competitors and their Strategies till 2023

Transparency Market Research has published a new report titled “Welding Consumables Market – Indonesia Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023.” According to the report, the Indonesia welding consumables market was valued at US$150.3 mn in 2014 and is anticipated to reach US$293 mn in 2023, expanding at a CAGR of 7.7% between 2015 and 2023. In terms of volume, the welding consumables market in Indonesia stood at 64.5 kilo tons in 2014.

Welding, an effective and economical process, is employed widely in various industries such as automobile, building & construction, pipeline, and oil & gas. Growth of the welding industry is highly dependent on the consumption of steel in various end-use industries. Welding equipment and consumables are primarily used in the welding industry. Demand for welding consumables in Indonesia has been increasing significantly due to constant technology advancements and substantial growth in end-use industries.

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Key end-use industries driving the welding consumables market in Indonesia include automobile, building & construction, power, and oil & gas. Furthermore, capacity addition and infrastructural development in power and oil & gas sectors are estimated to boost the demand for welding consumables in the country. Factors such as availability of raw materials and increasing competition from other countries in Asia, especially China, Japan, South Korea, and Malaysia, may hamper market growth. However, rise in investments resulting from the emerging scope of public-private partnership projects in Indonesia is likely to enhance the production and consumption of welding consumables in different end-user industries in Indonesia.

In terms of demand, stick electrodes accounted for more than 50% share of the welding consumables market in Indonesia in 2014. Flux-cored wires is anticipated to be one of the fastest growing product segments during the forecast period. Market shares of flux-cored wires and SAW wires and fluxes are estimated to increase during the forecast period due to rising implementation of emerging welding technologies in various end-user industries.

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Automotive & transportation dominated the market for welding consumables in Indonesia in 2014 and accounted for over 20% of the share in the same year. Increase in domestic demand in the automotive industry coupled with growth in manufacturing activities for automotive and automotive parts in Indonesia is expected to further propel the demand for welding consumables in the near future. Automotive & transportation is estimated to be one of the fastest-growing segments of the welding consumables market in Indonesia from 2015 to 2023. Oil & gas, building & construction, and power sectors are the other major end-users of welding consumables in Indonesia.

The report includes profiles of leading companies such as Lincoln Electrical Holdings Inc., The Linde Group, Inc., PT. Ispat Indo, PT. Gapura Raya, PT. Alfa Metalindo Indonesia, P.T. Intan Pertiwi Industri, PT. Cahaya Las Mandiri, PT. Yontomo Sukses Abadi, Nikko Steel, and Voestalpine AG.

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