Expert Market Research: March 2020

Tuesday 31 March 2020

Photonics Market Attained a Value of Nearly USD 597 Billion in 2019

The global photonics market attained a value of nearly USD 597 billion in 2019.

Competitive Landscape & Supplier Analysis:

Schott AG
Hamamatsu Photonics K.K.(OTCMKTS: HPHTF)
Nikon Corporation(OTCMKTS: NINOY)
Hoya Corporation(OTCMKTS: HOCPY)
Corning Incorporated (NYSE: GLW)
OHARA(TYO: 5218)
Intel Corp.
Others

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Photonics Market Breakup by Type:

LED
Lasers, Detectors, and Sensors and Imaging Devices
Optical Communication Systems and Components
Consumer Electronics and Devices
Others

The types of global photonics market include lED, lasers, detectors, and sensors and imaging devices, optical communication systems and components, consumer electronics and devices, others.

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Photonics Market Breakup by Application:

Surveying and Detection
Production Technology
Data Communication
Image Capture and Display
Medical Technology
Lighting
Others

Global photonics-market by applications include surveying and detection, production technology, data communication, image capture and display, medical technology, lighting, others.

Photonics Market Breakup by End Use:

Building and Construction
Media, Broadcasting and Telecommunication
Consumer and Business Automation
Medical
Security and Defence
Industrial
Others

Global photonics market finds its end-uses in the building and construction, media, broadcasting and telecommunication, consumer and business automation, medical, security and defence, industrial, others.

Photonics Market by Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

The regional markets for photonics market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

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United States Cold Storage Market Size, Share, Industry Trends, Price, Growth, Forecast, Report 2020-2025

According to a new report by EMR titled, ‘United States Cold Storage Market Report and Forecast 2020-2025, The United States cold storage market reached a value of about USD 16 billion in 2019. The market is likely to increase at a CAGR of 4% in the forecast period 2020-2025 to reach a value of USD 20 billion by 2025.

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Competitive Landscape & Supplier Analysis:

Americold Logistics LLC
Agro Merchant Group LLC
Burris Logistics, Inc.
Henningsen Cold Storage Company
Lineage Logistics, LLC
Preferred Freezer
United States Cold Storage, Inc.
Wabash National Corporation (NYSE: WNC)
Others

The United States cold storage market is rapidly growing because the region is widely considered to be one of the major markets for technological development responsible for successful cold storage process management. The market is likely to bring the pharmaceutical industry growth opportunities. Inventory management of pharmaceutical products, for example, vaccines and medicinal products is a costly process, requiring adequate safety measures to protect the quality of the product. The possibility of destroying temperature-sensitive goods is significantly alleviated by advanced cold storage systems that offer positive features, including advanced refrigeration technologies and monitoring and tracing systems for various products, such as fruits and vegetables.

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In July 2019, Wabash National Corporation (NYSE: WNC), one of the key players, introduced refrigerated inserts from Gruau to its fit-out solutions for cold storage transportation. The Gruau Insert is a complete cooling update solution that includes lightweight, low-profile modules designed to effectively control the climate whilst also maintaining the maximum space available and the exterior of the van. Such innovations in the cold storage technology by major players are expected to propel the growth of the industry in the United States.

Market Analysis by Warehouse Type:

Private and Semi-Private
Public

The cold storage warehouse-type can be divided into private and semi-private and public.

Market Analysis by Construction Type:

Bulk Storage
Production Stores
Ports

The construction type in the industry includes bulk storage, production stores, and ports.

Market Analysis by Temperature Type:

Chilled
Frozen

The temperature of the cold storage could be chilled or frozen.

Market Analysis by Application:

Fruits and Vegetables
Dairy
Fish, Meat, and Seafood
Processed Food
Pharmaceuticals

It finds application in fruits and vegetables, dairy, fish, meat, and seafood, processed food, and pharmaceuticals.

Key Findings of the Report:

The United States cold storage market is being driven by the rising technological advancements in the region.
The increasing efforts by the producers to conserve tempering-sensitive products, especially foodstuffs, are propelling the development of the market.
The growing popularity of connected lorries refrigerated high-cube trailers, as well as vehicles that provide cross-product transportation, is driving the market.
The industry is being aided by the rising food and beverage industry in the United States.

Key Offerings of the Report:

The EMR report gives an overview of the United States cold storage market for the periods (2015-2019) and (2020-2025).
The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the warehouse types, construction types, temperature types, and applications of cold storage.
The EMR report also provides an insight into the price and demand indicators of the United States cold storage market.

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Endovenous Ablation Devices Market Size, Share, Industry Growth Analysis, Price, Outlook, Report 2020-2025

The global endovenous ablation devices market size will expand to grow at a CAGR of 5% in the 2020-2025 forecast period.

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Competitive Landscape & Supplier Analysis:

AngioDynamics, Inc. (NASDAQ: ANGO)
Medtronic plc (NYSE: MDT)
Sciton Inc.
Teleflex Incorporated(NYSE: TFX)
Venclose Inc.
Others

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Market Breakup by Type:

EVLT (Endovenous Laser Ablation Therapy) Devices
RFA (Radiofrequency ablation) Devices
NTNT (Non-Thermal Non-Tumescent) Devices

The types of global endovenous ablation devices market include EVLT (Endovenous Laser Ablation Therapy) Devices, RFA (Radiofrequency ablation) Devices, NTNT (Non-Thermal Non-Tumescent) Devices.

Market Breakup by Application:

Commercial
Research
Others

The application of global endovenous ablation devices market include Commercial, Research, Others.

Market Breakup by Region:

North America.
Europe
Asia Pacific
Latin America
Middle East & Africa

The regional markets for global endovenous ablation devices market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Saturday 14 March 2020

Natural Fragrances Market Size, Share, Industry Analysis, Trends, Growth, Forecast, Report 2020-2025

According to a new report by EMR titled, ‘Global Natural Fragrances Market Report and Forecast 2020-2025’, the global natural fragrances market is being driven by the market growth of flavours and fragrances. The global flavours and fragrances market stood at a value of around USD 29 billion in 2019. The industry is further expected to witness a CAGR of 5% between 2020 and 2025, to attain a value of around USD 39 billion by 2025.

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Competitive Landscape & Supplier Analysis:

Givaudan SA ( OTCMKTS: GVDNY )
Firmenich SA
International Flavors & Fragrances, Inc.( NYSE: IFF )
Symrise AG ( OTCMKTS: SYIEY )
Wild Flavors, Inc.
Takasago International Corp ( TYO: 4914
Mane SA
Others

The global natural fragrances market is being driven by the product’s increased demand from the food and beverages and cosmetics industries. In the emerging economies like the Asia Pacific, the Middle East and Africa, and Central and South America, the demand for the product is expected to witness a robust growth in the forecast period due to the growing health concern coupled with the positive health impact of natural fragrances on the senses and the rising disposable incomes in the region. Eastern Europe will grow alongside due to the rising consciousness of personal hygiene. The demand for menthol, a kind of fragrance, and the increased use of mint fragrances in the cosmetic industry is further driving the fragrances industry forward. The leading natural fragrances producing countries are India, producing 80% of menthol, followed by China, producing 40% vanillin and 45% of gum turpentine.

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The rising demand for natural products over artificial ones, particularly from the personal care and cosmetics sector, is influencing the manufacturers to opt for natural items. In September 2019, International Flavors & Fragrances (NYSE: IFF), a key player in the industry and a leading innovator of fragrance, flavour, and nutrition, and its affiliate, IFF-Lucas Meyer Cosmetics (IFFLMC), completed the acquisition of Speximo AB, a Swedish technology company focused on developing next-generation stabilisation and encapsulation products for use in the production of sustainable personal care and cosmetic products with application in multiple commercial areas. In July 2019, another key player in the industry, Givaudan (SWX: GIVN), announced its plan to acquire Drom, a global perfume house, to further extend its leadership in the global fragrance market and fulfill the rising demand for the product. Such developments are expected to drive the growth of the natural fragrance industry during the forecast period.

Market Breakup by Types:

Flowers
Fruits
Musk
Wood
Spice
Others

Based on type, the natural fragrances industry can be divided into flowers, fruits, musk, wood, and spice, among other natural fragrances.

Market Breakup by Applications:

Soap and Detergents
Cosmetics and Toiletries
Fine Fragrances
Household Cleaners and Air Fresheners
Others

The natural fragrances find their applications in soap and detergents, cosmetics and toiletries, fine fragrances, and household cleaners and air fresheners, among other sectors.

Market Breakup by Regions:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Region-wise, the global natural fragrances market can be divided into North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Findings of the Report:
1. The growing demand for natural or organic products, with the rising health concern among consumers, is leading to the growth of the global natural fragrances industry.

2. The growing food and beverage and personal care sector are providing further impetus to the industry.

3. Increasing urbanisation and rising disposable incomes, leading to the increased per capita spending on grooming, particularly in the emerging economies, is further propelling the industry forward.

4. With rapidly advancing technology and diversification in products’ range, the industry is witnessing a further growth.

Key Offerings of the Report:

1. The EMR report gives an overview of the global natural fragrances market for the periods (2015-2019) and (2020-2025).

2. The report also offers historical (2015-2019) and forecast (2020-2025) information for the regional markets of natural fragrances.

3. It also provides an assessment of the market based on the Porter’s Five Forces model, along with a SWOT and value chain analysis.

4. A thorough assessment of the trade data has also been provided in the report, covering the value and volume of the major importing and exporting countries.

5. The report looks in-depth into the regional historical (2015-2019) and forecast (2020-2025) price trends of natural fragrances.

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Super Absorbent Polymer (SAP) Market Size, Share, Price, Trends, Growth, Analysis, Forecast, Report 2020-2025

According to a new report by EMR titled, ‘Global Super Absorbent Polymer (SAP) Market Report and Forecast 2020-2025’, the global demand for super absorbent polymers (SAP) reached a volume of around 2.8 million metric tons in 2019. Further, the demand for the product is expected to grow at a CAGR of 5.3% over the forecast period of 2020-2025 to reach a volume of 3.8 million metric tons by 2025.

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Competitive Landscape & Supplier Analysis:

Nippon Shokubai Co., Ltd.(TYO: 4114)
BASF SE (OTCMKTS: BASFY)
Sumitomo Seika Chemicals Co., Ltd (TYO: 4008)
Evonik Industries AG (OTCMKTS: EVKIF)
SDP Global Co., Ltd
LG Chem Ltd,(KRX: 051910)
Yixing Danson Technology
Formosa Plastics Corporation
Others

The global super absorbent polymer (SAP) market is being driven by its growing demand to manufacture products such as baby diapers, feminine hygiene pads and liners, and incontinence products, particularly in emerging economies. The disposable baby diapers segment is the leading application segment of the product, accounting for nearly three-fourths of the global demand. Within the Asia Pacific, the rising awareness regarding personal hygiene has led to the increased adoption of diapers over cloth nappies, especially in regions like India and China. The demand for baby diapers in the Asia Pacific is expected to grow by almost 20% in the coming years due to rising urbanisation and increasing population in the region. Further, the product is finding applications in sectors like water treatment, medical industry, and agriculture, which are expected to grow more in the coming years, driving the market for super absorbent polymer (SAP) further.

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The growing production of acrylic acid, which is a raw material for super absorbent polymers (SAP), is expected to further aid the global super absorbent polymer (SAP) industry. In October 2019, Arkema (EPA: AKE), a specialty chemicals and advanced materials company, announced the installation of a new acrylic acid reactor with a capacity of 90,000-ton at its Clear Lake, Texas site to support the growth of its North American customers in the adhesives, superabsorbents, paints, and water treatment markets.

Further, in Europe, the demand for super absorbent polymer (SAP) is expected to grow stably, mainly in Central Europe and Eastern Europe. In October 2018, NIPPON SHOKUBAI CO., LTD. (OTC: NPSHY), one of the key players in the super absorbent polymer (SAP) industry, expanded its production facility of super absorbent polymer (SAP) as well as acrylic acid at its subsidiary, NIPPON SHOKUBAI EUROPE N.V., in order to meet the growing demand for the product in the region. Such developments are expected to further drive the growth of the global super absorbent polymer (SAP) market over the forecast period.

Market Breakup by Applications:

Disposable Baby Diapers
Adult Incontinence Products
Feminine Hygiene Products
Others

Super absorbent polymer (SAP) finds applications in the production of disposable baby diapers, adult incontinence products, and feminine hygiene products, among others.

Market Breakup by Regions:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Region-wise, the super absorbent polymer (SAP) market can be divided into North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Key Findings of the Report:

The global super absorbent polymer (SAP) market is being driven by the growing demand for disposable baby diapers, especially in the Asia Pacific region.
The growing market of acrylic acid and its increased production is providing further impetus to the industry.
The increasing global population and rising disposable incomes, particularly in emerging economies like India and China, are further aiding the industry.
The growing awareness regarding personal hygiene is driving the demand for personal care products, further impacting the industry positively.
With the advancement in technology and diversification in the product line by manufacturers, the market for super absorbent polymer (SAP) is further witnessing a healthy growth.

Key Offerings of the Report:

The EMR report gives a detailed overview of the global super absorbent polymer market, providing an insight into the applications and regional markets of the product for the periods (2015-2019) and (2020-2025).
The report also provides the key indicators of price and demand in the market.
A SWOT, as well as a value chain analysis, has been provided within the report as well.

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