Jan 22, 2021: Industry Insights
The global market size of agricultural films market in 2015 was USD 7.27 billion. The growing population and the increasing demand of food with the rise in agricultural productivity is driving the market over the forecast period.
The factors which drive the market are requirement of high quality crop and declining arable land. These films are basically used for crop protection and increasing productivity. In order to fulfill the demand of population these agricultural films are in demand.
Application of agricultural films includes covering of a greenhouse, covering soil from shifting due to wind, film for water reservoirs, tunnel films and as a wrapper around fodder. Basic function it serves in agricultural are farming and crop production. The wide range of its specialized application led the commercialization of the product.
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Blocking Ultra Violet (UV), florescent, NIR (Near Infrared) blocking, and ultra-thermic films are some of the major innovations that can impact positive product demand over the forecast years. Concerns regarding disposal of product is anticipated to be a hindrance on the future growth. Use of plastics and its derivate can adversely affect the market growth due to strict government policies in concern of clean planet.
The innovation of biodegradable and bio-based product films is expected to open new ways of manufacturing products for industry participants. Developed countries and their mindset on ecofriendly space for living is gaining demand for the product.
Horticulture and development in technology in this field coupled with the development of UV protection films, single and multi-layer and particle to improve productivity is expected to lift product demand in future. Bio-PVC films and other modified products are going to develop immense opportunities for the industry over the forecast period.
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Raw Material Insights
LLDPE i.e. linear low-density polyethylene was the raw material segment in 2015 growing with the CAGR of 5.7% from 2016 t0 2024. With Properties like durability, finished products extended shelf life with high tensile strength, and improved thermal characteristics are expected to increase the market shelf life over the forecast period. The increasing use of biodegradable LLDPE films and its development is going to be the major market driver for its growth over the forecast period.
Over 21% of the market in 2015 was accountable for LDPE film. LLDPE and LDPE (Low Density Polythene) are expected to witness high demand in regions such as Asia Pacific. Areas with limited water supply and harsh climatic conditions these products find a good market space to bloom.
HDPE i.e. High Density Polyethylene and EVA i.e. ethyl vinyl acetate/EBA i.e. Ethyl butyl acrylate films are used in rigid agricultural applications. Mulching and fumigation applications are mostly served by HDPE films. Recycled films materials are reclaiming, as compared to other raw material used the price of this polymer is not competitive despite of its high tensile property.
Films manufactured from PVC i.e. Poly Vinyl Chloride and EVOH i.e. ethylene vinyl-alcohol have noncompetitive prices which result in less market penetration. Other reason which accounts for lesser penetration is lesser durability of finished products added with non-biodegradability of the products.
Application Insights
Due to applications such as control on increased soil temperature, speeding up the germination and cultivation cycles, reduced water consumption and keeping fertilizers and nutrients closer to the plant mulching leads the segment and is accounted for more than 43% of total market space in 2015. Increasing demand of high-quality yield crops, health awareness and rising incomes is expected to move the industry. The global agricultural films used in mulching is expected to reach USD 5752.5 million by 2024.
Greenhouse is projected to witness the rapid usages with the CAGR of 5.6% over the forecast period. Agriculture based on greenhouse technology will be trending which will have positive effect on market in Asia, Middle East, and Western Europe. With uncertain climate change due to multiple factors like population and industrialization demand for horticulture and floriculture segment will see more growth of these products.
Stretch silage due to durability, protection against the damage caused by sunlight, notably UV light and cost effectiveness serves as air tight package that in return restricts the unwanted fermentation for all agricultural products.
Regional Insights
The Asia Pacific leads the market in this region led the global industry with iver 70% of the total demand. Usage of mulch is done by over 80% of the farmers. Government supported initiatives in R&D for this product is the major driver of this product in this region. China is to witness the fastest growth over forecast period.
Stringent environmental policies regarding manufacturing, usage and disposal of this product in Europe will cause stagnant growth in near future. However, focus is shifting towards biodegradable materials in this region. Demand will be average in Central & South America. Developing economy like Brazil, India and Argentina with advancement in technology and implementation to achieve desired yield will cause the product penetration.
Competitive Insights
Presence of small scale industry of this product segment regionally resulted in fragmentation of market space, especially in China and India. Major companies operating in the industry include BASF, BELLY’S, Novamont, BP Industries (BPI), Trio Plast, Armando Alvarez, ExxonMobil, Trioplast, Group Barbie, Britton Group, Kuraray, and Ab Rani PlastOy.
Key players significantly plays a major part in the whole value chain. The major competitive factor is innovation that is the reason major companies have been investing immensely in R&D to differentiate themselves from competitors to increase their presence in the industry. Strategic collaborations with biotechnology firms to develop new polymers and enhancing supply chain efficiency are also used by companies to have competitive advantages including M&A.
Competitive Insights
BASF SE, Danisco A/S, Beldem, Lonza Group, Cargill, Inc., Riken Vitamin Co. Ltd., Adani Wilmar Ltd., Palsgaard A/S, Archer Daniels Midland Company, Stepan Company Solvay S.A., and Lubrizol Corporation are the key players in the industry.
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The global food emulsifiers market size is projected to reach USD 3.82 billion by 2025 owing to the changing lifestyles as a result of relocation to cities away from home and an increasing number of working women.
The multi-functionality of emulsifiers to bind water & oil, improve processing tolerance & efficiency, enhance shelf life and contribute to consistent & high-quality food products makes it a preferred choice as a food additive.Request a sample copy of this report: https://www.adroitmarketresearch.com/contacts/request-sample/517Stearoyl lactylates are anticipated to be the fastest growing segment among the major food emulsifiers market types by 2025, growing at a volume CAGR of 6.5% over the forecast period.
This is attributed to their widespread application in baked goods, cereals, sugar confectionaries, powdered beverage mixes, dehydrated potatoes, snack dips, sauces, gravies, dietetic foods, minced & diced canned meats and pet food among others.
Increasing demand for innovative gluten-free baked products with improved shelf-life have escalated the growth of this segment.
Consumer tastes are becoming increasingly sophisticated and this is reflected in the strong demand for bakery products, pastries and chocolate.
The initiatives taken by the government to improve the food processing sector is expected to act as a catalyst in the growth of the global food emulsifiers market size during the forecast period.The nature of the global food emulsifiers market is fragmented and highly competitive due to the presence of a large number of established players.
Mar 12, 2021: Industry insights The global animal feed additives market demand was over 256 kilo tons in 2015.
The key driver for increasing market penetration was due to rapid and fast consuming meat and other products processed from milk which is considered as one of the leading sources of protein and essential nutrients.Feed additives are the key components for the rapid improvement of metabolism in the livestock.
These constituents act as a catalyst by providing advantages such as improving weight gain, prevention of diseases, digestion, vitamin intake as well as enhances the quality of meat.Due to these specialty additional features to the finished product, the industry is estimated to witness tremendous growth for the addition of additives in the feed over the near future.
Another major factor affecting the market growth include the outbreak of numerous diseases affecting livestock like swine flu, mouth infection, and bird flu has increased the importance for safety and quality of meat and meat products.Download Sample Copy Of This Report At: https://www.millioninsights.com/industry-reports/animal-feed-additives-market/request-sampleProduct InsightsAmino acids such as methionine, lysine, thiamine and tryptophan have been slated as dominant product category and contributes to around 30% of total revenue generated in 2015.
The main reasons for this are increasing meat consumption especially in Asia Pacific and Middle East which is expected to result for the significant increase in amino acids demand over the forecast period.Lysine is a key amino acid additive which is essential for growth of animals especially for swine and poultry.
Antibiotics emerged as the second largest product segment which accounts for around 26% of the total volume in 2015.
Industry InsightsThe global Composites Market size is anticipated to reach USD 130.83 billion by 2024.
It is also projected to grow at a CAGR of 7.8% over the forecast period on account of its increasing demand from numerous application sectors which consist of wind energy, electrical & electronics, automotive interiors, pipes & tanks, marine and aerospace & defense.
In addition, the market of composites is estimated to observe a substantial growth on account of its strength, thermal conductivity performance properties and high corrosion resistance.The product is majorly produced by layup process, which accounted for 30.90% of the total composites market share in the year 2015.
Emerging economies such as India, China, South Africa and Brazil are anticipated to lead the market on account of the increasing demand from numerous application sectors including aerospace & defense, transportation, automotive and wind energy.
In addition, superior features provided by these products particularly in CFRP i.e.
Decrease in the weight coupled with high corrosion resistance are few of the crucial factors enhancing the growth of composites market in this sector.Wind energy application sector is expected to witness a rapid growth with a CAGR of 10% over the next eight years owing to its wide application as clean energy materials in this industry.
Industry InsightsThe global market size of agricultural films market in 2015 was USD 7.27 billion.
Concerns regarding disposal of product is anticipated to be a hindrance on the future growth.
Bio-PVC films and other modified products are going to develop immense opportunities for the industry over the forecast period.Raw Material InsightsLLDPE i.e.
With Properties like durability, finished products extended shelf life with high tensile strength, and improved thermal characteristics are expected to increase the market shelf life over the forecast period.
Areas with limited water supply and harsh climatic conditions these products find a good market space to bloom.HDPE i.e.
Other reason which accounts for lesser penetration is lesser durability of finished products added with non-biodegradability of the products.Request a Free Sample Copy of Agricultural Films Market Report @ https://www.millioninsights.com/industry-reports/agricultural-films-market/request-sampleApplication InsightsDue to applications such as control on increased soil temperature, speeding up the germination and cultivation cycles, reduced water consumption and keeping fertilizers and nutrients closer to the plant mulching leads the segment and is accounted for more than 43% of total market space in 2015.
The study involved four major activities to estimate the current size of the cell therapy technologies market.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.
The rise in the incidences of COVID has led to an increase in the need for an efficient drug or vaccine for COVID, which could help in reducing the severity of the cases.
Cell-based research is an essential step during the manufacturing of vaccines, which can help in the growth of the market.Major Growth Drivers:The emerging economies such as Australia and China are expected to provide a wide range of growth opportunities for players in the market which is driven by their large and growing populations as well as increase in the number of clinical trials and investments in the field of personalized medicine in these countries.Expected Revenue Growth:The cell therapy technologies market is projected to reach USD 5.6 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 14.4% from 2020 to 2025.Accessories to Fuel the Growth of Cell Therapy Technologies Market :Precision medicine is an evolving approach for disease treatment and prevention, which takes into account individual variability in genes, environments, and lifestyles.
Precision medicine involves the selection of drugs wholly tailored to a patient based on disease condition and history.
Although this practice is expanding into all disease areas, oncology has seen the most progress.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213334978“T-cells is expected to hold the largest share of the cell therapy technologies market, in 2020.”On the basis of cell type, the market is segmented into T-cells, stem cells, and other cells.
The emerging economies such as Australia and China are expected to provide a wide range of growth opportunities for players in the market which is driven by their large and growing populations as well as increase in the number of clinical trials and investments in the field of personalized medicine in these countries.
[ 173 Pages Report] The cell therapy technologies market is projected to reach USD 5.6 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 14.4% from 2020 to 2025.COVID -19 Impact on the Cell Therapy Technologies MarketThe outbreak of COVID-19 is expected to have a minimal or negligible negative impact on the cell therapy technologies market.
The rise in the incidences of COVID has led to an increase in the need for an efficient drug or vaccine for COVID, which could help in reducing the severity of the cases.
Cell-based research is an essential step during the manufacturing of vaccines, which can help in the growth of the market.Market DynamicsRising government investments in cell-based researchRising incidence of chronic and infectious diseasesLarge number of oncology-related cell therapy clinical trialsIncreasing GMP certifications for cell therapy production facilitiesOn the basis of product, the market is segmented into consumables, equipment, and systems & software.
Precision medicine involves the selection of drugs wholly tailored to a patient based on disease condition and history.
This approach to disease diagnosis, treatment, and prevention utilizes a universal view of patients—from their genes and their environment to their lifestyle—to make more accurate decisions.The geographical regions mapped in the report are:1.
