Yuanzhe Consulting delivered a keynote speech on The Current Situation and Future Prospects of Papermaking, Packaging, and Printing Industry in Southeast Asia at the 19th Guangzhou International Paper Exhibition in 2024. The speech covered a comprehensive overview of the Southeast Asian paper industry, emphasizing its current status and future potential. It provided insights into the growth drivers, market trends, and challenges faced by the industry. The presentation also highlighted the emerging opportunities and technological advancements that are expected to shape the future of the paper industry in Southeast Asia.

The speaker is Dai Yuanfeng, partner (managing director) of Shanghai Yuanzhe Information Consulting Co., Ltd. We would like to thank the Guangdong Paper Industry Association and Guangzhou Aochi Exhibition Service Co., Ltd. for their help and support, as well as all the guests and friends present at the event for their strong support!

Yuanzhe Consulting’s booth A65 at the Guangzhou International Paper Exhibition

This time, Yuanzhe Consulting sent three staff members to participate in the Guangzhou International Paper Exhibition, namely Xiaoyue, Xiaoci and Hans (from left to right).

On the first day of the exhibition, many friends from all over the country came to Yuanzhe Consulting’s A65 booth to consult about Chinese companies’ overseas expansion and the economic and policy environment in Southeast Asia.

Southeast Asian paper, packaging and printing industries

Southeast Asia (SEA) is located in the southeast of Asia and consists of several countries and regions south of China, east of India, west of New Guinea and north of Australia. Southeast Asia includes 11 countries, namely Brunei, Cambodia , Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand , Vietnam and East Timor. Except for East Timor, 10 countries in the region form the Association of Southeast Asian Nations (ASEAN, abbreviated as “ASEAN”, “ASEAN” or “ASEAN” in Chinese). The total area of ​​Southeast Asia is about 4.5 million square kilometers, with a total population of nearly 700 million.

According to Yuanzhe Consulting’s analysis, the economic levels of Southeast Asian countries vary greatly:

• Singapore has a developed economy and is the only developed country in Southeast Asia. Its economic activities are mainly based on the service industry, finance, shipping, logistics and tourism. In recent years, it has actively developed high-tech industries and education.
• The economic development levels of Malaysia and Thailand are among the highest in Asia. Their economies are mainly based on industry, manufacturing, tourism and agriculture. In recent years, they have actively developed advanced manufacturing, finance and logistics industries.
• The GDP per capita of the Philippines, Indonesia and Vietnam is relatively low, and they focus on basic manufacturing, agriculture, fisheries , tourism, etc., and export a large number of workers. Filipinos mainly go to the oil-producing countries in the Middle East, Japan, Hong Kong and Taiwan in East Asia, and Italy in Europe to work. Indonesians mainly go to Malaysia, Singapore, Hong Kong and the oil-producing countries in the Middle East to work. Vietnamese mainly go to East Asia to work.
• Myanmar, Cambodia , Laos and East Timor are underdeveloped countries. The economies of Myanmar, Cambodia and Laos are mainly based on tourism and agriculture, and the manufacturing industry is in its infancy; the economy of East Timor is only based on fisheries and oil exports.
• Although Brunei has a high GDP per capita and its industries are mainly based on the export of oil and natural gas, its wealth is concentrated in a small number of wealthy classes, just like the oil-producing countries in the Middle East, and its total economic volume is relatively low.
• Due to the lack of statistical data on East Timor and its extremely low economic output, in Yuanzhe Consulting’s Southeast Asia research series of reports, the concept of Southeast Asia is consistent with that of the ten ASEAN countries, and East Timor is not studied.

Overview of Southeast Asian Paper Industry

Southeast Asian countries such as Indonesia, Malaysia, Thailand and Vietnam have rich forest resources, providing sufficient raw materials for the paper industry. Indonesia is particularly famous for its vast tropical rainforests and fast-growing eucalyptus and rubber tree plantations, making it an important global pulp and paper production base.

In terms of demand, the rapid economic growth and population increase in Southeast Asia have brought strong demand for paper, packaging and printing. This demand comes not only from the increase in domestic consumption, but also from the region’s position as a global manufacturing center, and the demand for packaging paper and industrial paper continues to rise. With the popularity of e-commerce, the development of the packaging industry has further promoted the demand for various paper, packaging and printing. In recent years, China’s papermaking \pulp and paper companies have expanded their overseas business in Malaysia, Vietnam and other countries, established factories, and further driven local related demand.

Although the overall technology and equipment level of the Southeast Asian papermaking industry may not be as good as that of developed regions such as North America and Europe, in recent years, many companies have begun to introduce advanced production equipment and technology to improve production efficiency and product quality. For example, some papermaking companies in Vietnam and Thailand have begun to adopt modern production lines and environmental protection technologies to meet the needs of the international market. Malaysia’s application of Industry 4.0 related technologies in the papermaking industry has enabled Malaysia’s papermaking industry to be further developed through modern production technologies.

As global environmental awareness increases, the Southeast Asian papermaking industry is also gradually transforming towards sustainable development. Many companies are beginning to adopt renewable raw materials and circular economy models to reduce environmental impact. For example, papermaking companies in Malaysia and Thailand are actively promoting forest certification programs to ensure sustainable sources of raw materials and reduce carbon emissions and water consumption during production.

Outlook for Southeast Asian Paper Industry

In the future, there is also a lot of room for the paper industry in Southeast Asia to develop. Driven by economic development, growing demand for all types of paper, and strategic investments by large global companies, the Southeast Asian paper industry will achieve substantial growth in the next few years and usher in a period of sustained growth. Indonesia, with its large population and rich forest resources, remains an important market. The country is expected to continue to be a major center for paper production and exports. Vietnam has attracted a large amount of foreign investment and is rapidly expanding its papermaking capacity. Vietnam’s strategic location and continuously improving infrastructure make it an ideal destination for paper companies. Malaysia’s paper industry benefits from both domestic demand and its strategic position as a gateway to other markets in Southeast Asia. The country’s recent investments are aimed at significantly increasing production capacity.

According to Yuanzhe Consulting’s forecast, the total papermaking market size of the ten Southeast Asian countries will be approximately US$40.752 billion in 2033. Among them, Indonesia, as the country with the largest economy in Southeast Asia, also ranks first among Southeast Asian countries in terms of papermaking market size, reaching US$22.08 billion, and it has an absolute leading position in Southeast Asia. Vietnam and Thailand rank second and third, with market sizes of US$9.169 billion and US$5.584 billion respectively in 2033. In terms of growth rate, Vietnam, Cambodia and Thailand rank among the top in Southeast Asia in terms of compound annual growth rate during 2024-2033.

Suggestions for Chinese companies entering the Southeast Asian market

• Through various channels, including the collection of secondary data and on-site market research, we can gain an in-depth understanding of the local market status, the market share of major competitors, the supply chain of local related products, etc. Yuanzhe Consulting Hanoi Office will do its best to help you better understand the Southeast Asian market.
• Understand local policies and laws, as well as the relevant policies issued by the Chinese government on overseas investment, and abide by legal red lines.
• Understand the local operating costs and operating models of similar foreign-funded enterprises
• Explore local demand points, start from the demand, and clarify your own positioning.
• Find suitable partners, such as local distributors and direct customers, when appropriate.
• By establishing a local office, you can initially test the local market by exporting your products.
• If there are many local orders, you can consider building a factory locally.

Yuanzhe Consulting helps you better understand Vietnam and other Southeast Asian countries, as well as overseas markets such as Mexico:

One-stop service: From assisting you in applying for a visa, arranging a trip to inspect factories and land in Vietnam, to negotiating with Vietnamese landlords, Yuanzhe Consulting provides one-stop service to ensure that your company can start and operate in Vietnam without worries. From the moment you decide to cooperate with Yuanzhe Consulting, you can arrive in Vietnam to inspect factories and land in about a week at the earliest.

The post Status Quo & Prospects of Southeast Asian paper, packaging and printing industries first appeared on CRI Report.

The global cleanroom consumables market is expected to register a CAGR of 5.66% during the forecast period and is expected to hit USD 3,384.49 million by 2027.

Cleanrooms are designed to preserve exceptionally low levels of particulates such as dust, airborne organisms, or vaporized particles. Cleanrooms usually have a cleanliness level quantified by the number of particles per cubic meter at a predetermined molecule measure. Cleanroom consumables provide protection against infection and maintaining the quality of the product.

The growth of the global cleanroom consumables market is expected to be driven by rising need for product certifications and increasing cases of hospital acquired infections. Moreover, increase in infectious diseases, such as coronavirus, further fuel the adoption of cleanroom consumables in various healthcare sectors and propel the growth of the market.

However, high costs related to cleanrooms, complex and varied clean room regulations across the countries hinder the growth of this market.

CRI recognizes the following companies as the key players in the global cleanroom consumables market— Berkshire Corporation (US), Cantel Medical (US), Contec Inc (US), DuPont (US), Micronclean (UK), Ansell Ltd (Australia), Kimberly-Clark (US), Valutek, Inc (US), KM Corporation (South Korea), Texwipe (US).

Segment Analysis

The global cleanroom consumables market is mainly segmented into products, and application. On the basis of products, the cleanroom consumables market has been bifurcated into cleanroom products, cleanroom apparel, cleanroom stationery, wipers, gloves, and adhesive mats.

Cleanroom products are further sub segmented into cleaning chemicals, cleanroom mops, validation swabs, others. Cleanroom apparels is further sub-segmented into coveralls, boot covers, shoe covers, face masks, hoods, others. On the basis of application, the cleanroom consumables market has been bifurcated into hospitals & clinics, research labs and universities, medical device companies, pharmaceutical companies, biotechnology companies, and others.

Regional Analysis

The global cleanroom consumables market has been segmented on the basis of region into North America, Europe, Asia-Pacific, and Rest of the World. The North America held the largest market share of 36.80% in 2020 and is anticipated to dominate the overall cleanroom consumables market during the forecast period.

The major factors driving the North America cleanroom consumables market include large presence of pharmaceutical and biopharmaceutical companies. Many of the leading pharma companies come from the US and has the largest pharmaceutical market worldwide. According to European Pharmaceutical Review (EPR), it is found that North America had the most strategic partnerships in the pharma industry from 2014 to 2019.

In October 2018, Ansell Limited (Australia) acquired substantially all the assets of Digit care Corporation (US), a leading glove supplier to the US emergency medical services and acute specialty markets, which strengthened its gloves business.

Europe holds the second largest market share due to the increasing patient population which fuels market growth. According to the National Health Service (NHS), for 2018-2019, adult critical care admissions to English hospitals have increased by 22% since 2011-12.

Hospitals make use of cleanroom consumables to minimize the level of airborne particulates and keep an antimicrobial environment. Rising investment by pharmaceutical companies in R&D in Europe is also boosting the growth of the market in the region. According to the European Federation of Pharmaceutical Industries and Associations, in 2020, the pharmaceutical industry invested an estimated USD 45,952.3 (€39,000) million in R&D in Europe.

Asia-Pacific is anticipated to be the fastest-growing regional market for cleanroom consumables therapies. Along with digital transformation, Asia-Pacific countries increasingly focus on improving hospital systems and operations with government-driven healthcare and Universal Health Coverage (UHC). Due to the impact of COVID-19, the demand for cleanroom consumables is rising in the region.

There is a high demand for products such as gloves, surgical masks, goggles, and gowns. Major players are focusing on the latest technologies and investing more in R&D activities for cleanroom consumables.

For instance, in April 2020, Contec (US) launched the Cleanroom industry’s first “green” sustainable polyester wipe made from recycled post-consumer plastic bottles. ReFIBE, a green sustainable polyester wipe, is now available validated sterile to 10-6 for the most critical environments. The players are launching products with advanced technology, which helps them gain a competitive advantage, thereby contributing to the overall market growth. 

The cleanroom consumables market in the Middle East & Africa is expected to witness steady growth due to increasing per capita expenditure of the population in the healthcare sector and increasing adoption of cleanroom consumables. Moreover, increasing investment by major players in the region further drives cleanroom consumables market growth.

According to Statista, in 2019, Brazil was by far the Latin American country with the highest pharmaceutical market value, amounting to nearly 24.3 billion U.S. dollars. Many countries in the Middle East, Africa, and Latin America have made some improvements to the healthcare sector and are improving the health status of their populations.

Increasing access to primary healthcare services, establishing healthcare facilities in rural areas, and the rising number of drug discovery and development centers enhance the healthcare system in the region.

Key Findings of the Study

• • The global cleanroom consumables market is expected to reach USD 3,384.49 million by 2027 at a CAGR of 5.66% during the forecast period.

• • Based on product, the cleanroom products segment accounted for the largest market share of 23.28% in 2020.

• • By application, the hospitals & clinics segment dominated the market with a share of 25.05% in 2020.

• • The North America region accounted for the largest share of the global market, which is majorly attributed to the large presence of pharmaceutical and biopharmaceutical companies.

• • Some of the key players operating in the cleanroom consumables market are Berkshire Corporation (US),Cantel Medical (US),Contec Inc (US),DuPont (US),Micronclean (UK),Ansell Ltd (Australia),Kimberly-Clark (US),Valutek, Inc (US),KM Corporation (South Korea),Texwipe (US).

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The post Global Cleanroom Consumables Market 2027 first appeared on CRI Report.

The global military actuators market is projected to register a CAGR of 5.9% between 2021 and 2027. Actuators are essential for the functioning of a wide variety of military components and systems, including valve control, canopy,flaps, ram air doors, cargo locks,cabin doors, canopy, surface trim, and weapons systems. Actuation systems play a crucial role in the automation of torque provision,motion control, and military equipment. Military vehicles, including cannon carriers and tanks, function smoothly and efficiently with the help of customized actuation systems. High-performance capabilities, such as optimized force capabilities and flawless motion control, are needed for equipment and systems used in military operations as they are usually operated in difficult and unfavorable weather conditions.

The growing advancements in military automation and rising demand for electrical actuators are primarily driving the growth of the global actuators market. The military operations around the world are rapidly going for the adoption of automated technology in their military equipment and systems. There has been heavy spending on all three fronts of the military, including land, maritime, and airborne, towards the design and development of modern and advanced automated military systems, thereby enhancing the functionality of their military equipment and systems. Major established manufacturers in the global military actuators market are continuously working on collaborative projects towards developing advanced military-grade actuators considering the barriers they need to uptake and future applications of automated military equipment.

The application of advanced automated technology in military equipment and systems can assist the military in dealing with issues pertaining to military personnel, including enhancement in personnel safety levels and reduced involvement of personnel on the battlefield in the future years while trying to keep the loss of military personnel to a minimum. Automated technology is employed in various military applications, including navigation, detection,intelligence, surveillance,communications, and reconnaissance. In the present times, the levels of military automation range from remotely controlling an unmanned aerial vehicle (UAV) to fully automated military systems. Actuators form an integral part of automated equipment and systems, and therefore, an upsurge in the demand for military actuators is expected in order with the growing advancements in military automation.

On the other hand, the rising demand for electrical actuators is also expected to drive global market growth. Over the past decade, the military actuator industry has witnessed a shift from hydraulic actuators to electrical actuators, owing to the several advantages that they offer, including high efficiency, little to no maintenance requirement, and minimal environmental concerns. Thus, the global military actuators market is forecasted to grow significantly in the coming years during the review period.

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Market USP

Increasing need for automated military systems for critical missions

Segmental Analysis

By Type

The LinearSegment is Expected to Grow at the Highest Rate: The linear segment is expected to registerthe highest CAGR during the forecast period,2021 to 2027. The growth can be attributed to the smooth operation and positioning accuracy of linear actuators. Additionally, linear actuators offer high repeatability, versatility, reliability, and several other advantages, making them more preferred over other actuator types in the military actuator industry.

The Rotary Segment Accounted for a Significant Market Share in 2020: The rotary actuators are employed in a wide variety of applications, which have requirements for a rotary torque or motion to control the speed and the rotational motion of the associated equipment. These kinds of actuators provide zero backlash, high torque, and are suitable for harsh and unfavorable operating conditions.Due to their demand for certain applications in military operations, the rotary actuators are expected to generate significant revenues in the coming years during the forecast timeline.

By System

The Mechanical Segment is Expected to Witness Considerable Growth in the Market: The mechanical segment is expected to grow at a steady growth rate during the forecast period. Mechanical actuators are usually used across military operations where linear movements, including elevation, translation, and linear positioning, are required. They offer several advantages, such as high reliability, operational simplicity, and precision in positioning.

The ElectricalSegment is Forecasted to Advance at the fastest Growth Rate: The electrical segment is likely to advance at the fastest growth rate in the coming years during the forecast timeline. Much of this can be ascribed to the high operational efficiency and negligible maintenance requirement that they have to offer. Electrical actuators enable military personnel to control motion components and systems and work together in multiple complex configurations. Additionally, when it comes to motion control capabilities, the flexibility levels that these actuators offer are better than other actuators available in the global market.

The Hydraulic Segment Accounted for a Significant Share in 2020: The hydraulic segment accounted for a significant share in 2020. This is due to the advantages, such as high peak power and load ratings and explosion, shock,and spark handling capabilities.

The Pneumatic Segment is Forecasted to Generate Significant Revenues During the Forecast Period: The pneumatic segment is expected to generate significant revenues during the forecast period, owing to its simple system composition, high peak power, simple valves for controlling, very high speed, high reliability, and shock load handling capabilities.

Key Players Operating in the Global Military Actuators market:

• • Curtiss-Wright Corporation (US)

• • Triumph Group (US)

• • Moog, Inc. (US)

• • Meggitt plc (UK)

• • Venture Mfg. Co. (US)

• • Parker-Hannifin Corporation (US)

• • Kyntronics (US)

• • NOOK Industries, INC. (US)

• • AMETEK, Inc. (US)

• • Ultra Motion (US)

• • Elektro-Metall Export GmbH (Germany)

• • Honeywell International Inc. (US)

• • Safran (France)

• • Arkwin Industries, Inc.(US)

• • Hunt Valve Company (US)

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The post Growing Demand for Aerospace & Defense Across the Globe is Expected to Boost the Demand for Military Actuators Market During the Forecast Period 2027 first appeared on CRI Report.

Industry News

• • In June 2021, Twin Rivers Paper Company demonstrated a commitment to food safety with the FSSC 22000 Certification for Food Packaging.The company received FSSC 22000 Certification for Food Packaging for its New York-based, Lonsdale, Mohawk Valley, and Mill Street mills. FSSC 22000 is a GSI-recognized food safety certification developed to improve consistency and integrity across all aspects of the food safety supply chain. Twin Rivers Paper Company’scompliance with the requirements of this internationally recognized standard is another assurance that its food packaging products meet the safety requirements expected by customers.

• • In Jan 2015, BPM, Inc., a specialty paper mill and leader in saltwater taffy twist wrap, confectionery wrap, and specialty packaging, announced thatit was well prepared for the upcoming taffy season. The company began manufacturing, waxing, printing, converting, and packaging taffy wrap in-house. By offering pallets, cartons, and truck-load quantities with a reliable turnaround, BPM, Inc.meets the demand for the busy season with both plain and printed confectionery wraps.

Global Medical Packaging Paper market to Surge at 8.06% CAGR, which is anticipated to reach USD 57.23 billion by 2030.

In 2020, the kraft paper segment helda significant market share

The global market for machine glazed papers has been segmented on the basis of paper type,weight, grade, application, end user, and region. Based on paper type, the machine glazed paper market is segmented into tissue paper and kraft paper. Kraft papers continue to capture a leading share in the global machine glazed paper market. Moreover, market players are eyeing relevant revenue growth prospects in tissue papers.

Based on weight, the global machine glazed paper market is segmented into up to 40 GSM, 41 to 70 GSM, 71 to 100 GSM, and above 100 GSM. Machine glazed papers with a base weight of 71 to 100 grams per square meter (GSM) continue to procure leading revenue share. However, their market share will gradually falter in the coming years.

Based on grade, the global machine glazed paper market is divided into unbleached and bleached. Unbleached machine glazed papers are considered safer versus the bleached variant as they are not processed with chlorine. They are heat resistant and relatively cheaper, and thus, they are ideally used for packaging dry food items and fragile products such as chinaware.

Based on end-use, the global machine glazed paper market is segmented into food & beverages, healthcare, electrical and electronics, automotive, personal care & cosmetics, textile, building & construction, and household.End users of machine glazed papers include the food & beverage, building & construction, and healthcare industries.

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Based on application, The application segment for machine glazed paper market includes bags and pouches; sacks; wraps; labels and release liners; envelopes; coating and lamination; trays, cups and bowls; and others. Others have been segmented as gift wrap.  Usage of machine glazed papers is expected to remain prominent in sacks and bags & pouches. About six out of ten machine glazed papers are used either in sacks or bags & pouches.

Based on region, the machine glazed papers market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. East Asia accounts for the largest market for machine glazed papers worldwide, followed by Europe, given these regions’ flourishing food & beverage and healthcare industries.

Key industry participants in the machine glazed papers industry include International Paper APPM(India), Daio Paper (Japan), BPM(US), Nippon Paper Industries (Japan), Burgo Group (Altavilla Vicentina), Smurfit Kappa (Ireland), Mondi Group (UK), Verso Corp. (US), Charta Global (US), and SCG Packaging (Thailand).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global machine glazed papers market, including high-growth regions and/or countries and political and economic environments. The project report further provides both – historical market values and pricing and cost analysis.

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The post The global machine glazed papers market is expected to witness decent growth during the forecast period first appeared on CRI Report.

The global silicone fabrics market is expected to exhibit a CAGR of over 6.5% to reach a value of around USD 6 billion by the end of the forecast period.

Silicone fabrics involve coating or impregnating silicone on a substrate such as a fiberglass or a polyamide. The silicone-based fabrics have an extended life, abrasion, puncture, and tear resistance, along with UV, oil, and water resistance. Siliconefabrics offer excellent heat resistance allowing the fabrics to remain flexible and durable during prolonged use at high temperatures.

These fabrics are extensively used for heat-resistant clothing, fire blankets, welding splatter protection, weather-proof jacketing, conveyor belts for food production, baking trays, bellows, and expansion joints.

Global Cooling Fabrics Market to Surge at 8.7% CAGR, which is anticipated to reach USD 6.73 billion by 2030

Regulatory Framework

Various ASTM standards have been frame-worked for the specifications and test methods for the physical, mechanical, and chemical properties of textiles, fabrics, and cloths, as well as the natural and artificial fibers that constitute them.

These ASTM standards include regulations and tests for apparel, bast fibers and plants, conditioning, chemical and thermal properties, fabrics test methods, glass fiber and its products, home furnishing products, among others.

Impact of Coronavirus Outbreak

A3.5% contraction was caused by the COVID-19 pandemic in 2020. However, global economic activity has gained significant momentum after the second wave. The recovery in the global market is expected to hit 4.3% in 2022.

Segmentation

By  Base Fabrics

• • Based on the base fabrics, the market is segmented into fiberglass, polyester, polyamide, and others.

• • The fiberglass segment emerged as the leading segment with a significant market share in 2020 due to applications such as welding blankets, gasketing, expansion joints, insulation, heat shields, fire blankets, containment, and more.This is attributed to the special material properties of silicone coupled with the strength and thickness of fiberglass.

• • Various properties of polyester,such as lightweight, flexibility, UV resistance, and shape memory, make it an ideal choice for silicone coating. Extensively used for manufacturing straps, tarps, ropes, clothing, and profiles for extreme temperatures, the demand for polyester coated silicone fabrics is likely to boost during the assessment period.

• • The market for polyamide-based silicone fabrics is driven by its use in airbags manufacturing. In line with the government norms coupled with the increased automobile sales, the demand for silicone fabrics is expected to increase globally.

• • Cotton and aramid are some of the other substrates over which silicone can be coated or impregnated.

By Application

• • On the basis of application, the global silicone fabrics market is segmented into protective clothing, industrial fabrics, clothing fabrics, and others.

• • The market for protective clothing is growing on account of the regulations developed to safeguard workers and employees from encountering unfavorable elements of the working environment. Based on the industry, industrial protective wear can be heat repellent, chemical resistant, cold-resistant, mechanical resistant, and others. COVID 19 has resulted in extreme demand for PPE kits worldwide, which has had a positive impact on the overall silicone fabrics market.

• • Industrial fabrics find uses in automotive, printing, belting, filtering, and processing applications. The demand for industrial fabrics is increasing due to the key benefits of high strength, durability, inexpensive production, good elasticity, low maintenance, and weather resistance. Rapid industrialization across the globe is a key driver of industrial fabrics, which drives the demand for silicone fabrics.

• • The ongoing trend of smart textiles in the market using optical fibers, metals, and various conductive polymers to interact with the environment is likely to boost up the demand for silicone fabrics. Researchers have developed silicon-based fibers which are photovoltaic and can be used to make power-generating fabrics. These long solar cell fibers can be used in applications such as generating power, charging batteries, chemical detection, and as a biomedical tool.

• • The other application segment includes shrink tunnels, electrical insulation tapes, conveyor belts, safety curtains, gaskets, etc.

By End Use

• • This segment is classified into industrial, consumer goods, automotive, and others.

• • The use of industrial fabrics in conveyor belts, insulation, gaskets, hoses, and heat shields is driving the demand for silicone fabrics in industrial end use.

• • Increased focus on lightweight and waterproof consumer goods such as textiles, apparel, and wearables are expected to boost the demand for silicone fabrics in the upcoming period. Increasing health concerns due to sedentary lifestyles results in sales of sporting goods, which drive the global silicone fabrics market.

• • It is used in the automotive industry for interior upholstery, dashboard, door panels, and airbags, etc.

• • The other segment includes furniture, architectural textiles, among others.

By Region

• • North America: Regional growth for silicone fabrics in North America is driven by the presence of a large industrial base in the region. Expanding end-use industries, especially aerospace & defense and automotive, is driving the market growth.

• • Europe: Europe is a well-established market and is primarily driven by the automotive industry in the region.

• • Asia-Pacific: Asia-Pacific is the fastest-growing regional market.Factors such as improving economic conditions,fast-paced urbanization, and industrialization drive the global market.

• • Latin America:Rapid industrialization in Brazil and Mexico is projected to drive market growth during the assessment period.

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Taste the market data and market information presented through more than 100 market data tables and figures spread in 143 numbers of pages of the project report. Avail of the in-depth table of content & market synopsis on “Global Low Voltage Cables & Accessories Market Information from 2021 to 2027.”

Low voltage cables and accessories are an important part of the secondary distribution of electricity at a voltage range below 1 kV. Low voltage accessories are used to support cables in the distribution network. Different types of accessories are used for different types of cable installations, including overhead and underground installations.

Asia-Pacific is one of the largest markets for low voltage cables & accessories in the world. There is an increased demand for energy in the region because of the growing population and rising per capita disposable income in the region. Low voltage cable and accessories manufacturers are collaborating and signing agreements with other companies for supplying the electrical components in the region and refurbishing the electrical infrastructure in the region. Asia-Pacific is estimated to showcase significant growth owing to the abundant availability of natural resources in the region. Emerging economies such as India and Indonesia promise sizeable growth due to proposed government legislation to increase investments in the low voltage cables & accessories sector.

The Global Low Voltage Cables & Accessories market is Estimated to Witness ~6.23% CAGR During the Period from 2021 to 2027

The global market for low voltage cables & accessories is segmented based on installation, component, application, and region.

Based on installation, the global low voltage cables & Accessories market has been segmented into underground, overhead, and submarine. The undergroundsegment held a share of 55.34% of the low voltage cables & Accessories market.

Based on component, the global low voltage cables & Accessories market has been segmented into cable joints, cable terminations, connectors, clamps, conductors, and others. The cable joints segment held a 29.44% share of the global market.

Based on application, the global low voltage cables & Accessories market has been segmented into utility, residential, commercial, and industrial. The utility segment held a 36.67% share of the low voltage cables & Accessories market.

By installation, the global market has been segmented intounderground, overhead, and submarine.The undergroundsegment is expected to hold the largest share during the forecast period.The cables are introduced or laid under the ground. The dependability of underground cable networks significantly relies on factors such as the legitimate laying of cables, quality of cable joints, and branch connections. The underground installation is very effective because it increases the life of the cables as these cables will be touched or operated only when required, which leads to minimizing damage to the cables due to human digging and machine digging. The cables in this process are sometimes laid directly on the ground, in ducts, or in cable tunnels.

By component, the global market has been segmented intocable joints, cable terminations, connectors, clamps, conductors, and others. Thecable jointssegment is expected to hold the largest share during the forecast period. Cold shrink, heat shrink, and resin type cable joints are suitable for the working of the jointing of low voltage cables in the marine, offshore, oil & gas, substations, rail, and electrical development areas where top caliber and execution joints guarantee the continued distribution of power supply to critical circuits.

By application, the global market has been segmented into utility, residential, commercial, and industrial. The utility segment within the low voltage cables & Accessories market holds the largest share. In utility applications, the low voltage cables are used in direct burial applications, duct installations, and other overheard & underground urban network systems. These cables are easy to install and maintain. They are mainly utilized for electric power distribution to the utilities.

By region, the low voltage cables & Accessories market is segmented into Europe, Asia-Pacific, North America, the Middle East & Africa, and South America. Asia-Pacific dominates the low voltage cables & Accessories market. The region is one of the largest markets for low voltage cables & accessories in the world. There is an increased demand for energy in the region because of the growing population and rising per capita disposable income in the region. Low voltage cable and accessories manufacturers are collaborating and signing agreements with other companies for supplying the electrical components in the region and refurbishing the electrical infrastructure in the region. Asia-Pacific is likely to showcase significant growth owing to the abundant availability of natural resources in the region. Emerging economies such as India and Indonesia promise sizeable growth due to proposed government legislation to increase investments in the low voltage cables & accessories sector.

The major players operating in the global low voltage cables & accessories marketare NKT A/S (Denmark), Hellenic Cables (Greece), Ensto (Finland), Prysmian Group (Italy), Elsewedy Electric (Egypt), Ikebana Engineering Ltd. (Thailand), Elcon Megarad (Italy), TE Connectivity (Switzerland), REPL International Ltd. (UK), 3M (US), Hitachi ABB Power Grids (Switzerland), Nexans S.A. (France), BBC Cellpack Gmbh (Germany), and Brugg Cables AG (Norway).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global low voltage cables & accessories market, including high-growth regions and/or countries and political and economic environments. The project report further provides both historical market values and pricing & cost analysis.

Thailand Medium Cables & Accessories Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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The combat helmet market is projected to reach USD 3.32 billion by 2027and register a CAGR of 5.2% between 2021 and 2027.The increasing defense expenditure and increasing cross-border disputesare primarily driving the growth of the market. Additionally, the increasing development of advanced combat helmets is driving the growth of the market further.

As per the Stockholm International Peace Research Institute (SIPRI), global military spending rose by 3.6% to approximately USD 1.91 trillion from 2018 to 2019. During the same period, the US, China, and India increased their military spending by 5.3%, 5.1%, and 6.8%, respectively. Furthermore, in 2019, India overtook Saudi Arabia and Russia to become the third-largest defense spender in the world. Although there was a slight decline in the US defense spending from 2010-2019, the US observed growth in military spending in 2019. It is estimated that the US will spend significantly more on its military for the next two years, focusing on the modernization of conventional technologies. Meanwhile, other developing countries have plans to invest in advanced technologies and are focused on expanding, modernizing, and enhancing the capabilities of their armed forces. This is also expected to drive the growth of the combat helmet market during the forecast period.

Moreover, in recent years, there has been a rise in global conflicts, such as the Russia and Ukraine conflict over Crimea, the battle for control over the South China Sea between China and South Korea, maritime disputes between Venezuela and Guyana, and sea border clashes between Colombia and Nicaragua. Moreover, the growing extremism in Egypt, France, and Tunisia has led to the need for updating military systems and equipment. This is also anticipated to drive the demand for advanced soldier protection systems.

Market USP

Stringent Regulations Driving the Need for Advanced Combat Helmets

Segmental Analysis

By Application

The Protection Segment Accounted for the Largest Market Share in 2019: The protection segment accounted for the largest market share and is expected to register a steady CAGR during the review period. This is due to the high usage of combat helmets for protection against munitions and other threats during warfare situations by military agencies globally.

The Visual Assistance Segment is Expected to Grow at the Highest Rate: The visual assistance segment is expected to record a steady growth rate during the forecast period. This is due to the high-use helmets with visual assistance during a military mission at night or airborne military missions.

The Communication Segment is Expected to Grow at the Highest Rate: The communication segment is expected to record the highest growth rate during the forecast period. This is due to the development of advanced combat helmets integrated with communication systems. These helmets are widely used in military tactical missions to communicate critical information.The US army is investing more in developing advanced integrated communications combat helmets. The helmet should provide unrestricted communication in noisy environments of the combat area, which is achieved by noise-canceling microphones.

By Material

The ballistic fiber segment is expected to witness the highest growth in the market: The ballistic fiber segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the high level of protection from ballistic threats, such as bullets, projectiles, and shrapnel is provided by the ballistic fiber. Moreover, the helmet is made up of ballistic fiber is lightweight.

The thermoplastic segment is expected to grow at the highest rate: The guided projectiles segment is expected to register the highest CAGR during the forecast period, 2021 to 2027. The growth can be attributed to the high utilization of thermoplastic combat helmets by developing economies. These helmets are less costly and are recyclable. In addition, thermoplastic materials can be cooled and heated several times with no change in their chemical/mechanical properties.

The metal segment is expected to grow at the highest rate: The metal segment is expected to register a steady CAGR during the forecast period, 2021 to 2027. The growth can be attributed to the utilization of metal components in combat helmets. Full metal combat helmets are increasingly being used by military forces.

By End User

The Military Agencies Segment Accounted for the Larger Share in 2019: The military agencies segment accounted for the largest share in 2019. This can be attributed to the increasing use of advanced soldier protection systems by military agencies globally. The soldier protection system has notable importance by the military forces. Therefore, they are investing more in such systems.

The Law Enforcement Segment is Expected to Grow at the Higher Rate: The guided projectiles segment is expected to register the highest CAGR during the forecast period, 2021 to 2027. The growth can be attributed to the increasing terrorist attacks and rising incidents of riots globally. Therefore, the demand for combat helmets has been increasing by law enforcement agencies across the world.

Key Players Operating in the Global Combat Helmet Market:

• • Avon Rubber Plc (UK)

• • BAE Systems (UK)

• • DuPont de Nemours Inc. (US)

• • Safariland Group (US)

• • ArmorSource LLC (US)

• • Honeywell International Inc. (US)

• • Revision Military Inc. (US)

• • MKU Limited (India)

• • Point Blank Enterprises (US)

• • Gentex Corporation (US)

Other Prominent Players Operating in the Global Combat Helmet Market:

• • ArmorWorks Enterprises, LLC (US)

• • Eagle Industries (US)

• • Morgan Advanced Materials PLC (UK)

• • Survitec Group Limited (UK)

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The post Growing Demand for Chemicals Across the Globe is Expected to Boost the Demand for Combat Helmet Market During the Forecast Period 2027 first appeared on CRI Report.

The market report on Bioplastic Textiles Market includes in-depth insights as:

• The estimated value of the market was USD 1.00 billion in the year 2020.
• Bioplastic Textiles in Europe held the largest market share in the year 2020.
• Based on, Material, Polylactic Acid, emerged as a key segment in the Bioplastic Textiles market.
• Based on Source, Corn Starch emerged as a key segment in the Bioplastic Textiles market.
• Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“Continuous innovations and further developments in the Global Bioplastic Textiles Market to develop new materials with improved properties and new functionalities are driving the Global Bioplastic Textiles Market. The high level of customer acceptance is an external factor driving the Global Bioplastic Textiles Market. In addition, the effects of climate change, led by pollution and CO2 emissions, as well as rising fossil fuel prices, are driving the oppressive demand for bioplastic textiles around the world”, according to this report

Bioplastics are plastics materials made from renewable biomass sources, such as vegetable fats and oils, corn starch, straw, wood chips, sawdust, recycled food waste, etc. containers) through the use of microorganisms. Bioplastics are generally made from sugar derivatives, including starch, cellulose, and lactic acid. Common plastics such as fossil-fuel plastics (also known as petroleum-based polymers) are made from petroleum or natural gas. In the petrochemical industry, bioplastics are attractive because they are biodegradable. Not all bioplastics are biodegradable or more easily biodegradable than base plastics made from fossil fuels. Bioplastics are used for single-use items such as containers, dishes, cutlery, pots, bowls, and straws. There are few commercial applications for bioplastics, and cost and performance remain problematic.

The Bioplastic Textiles Market is segmented By Material into Bio-Polyester, Polyhydroxyalkanoate, Polylactic Acid, Polyhydroxy Butyrate, and Bio-Polyamide. The Polylactic Acid segment is expected to drive Bioplastic Textiles Market growth owing to the maximum share of about 30%. Moreover, PLA has properties similar to polystyrene and polyethylene, making it a potential replacement to boost the Global Bioplastic Textiles Market.

Key Players in the Market

• Some of the key players operating in the Bioplastic Textiles Market are Natureworks LLC, Novamont S.p.A., Braskem, Lacoste, Gucci, Puma, Unitika, BASF SE, DuPont de Nemours, Inc., FKuR Biome Bioplastics

Get Valuable Insights into Bioplastic Textiles Market.

In the new report, CRI Report thrives to present an unbiased analysis of the Bioplastic Textiles Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2030. The study includes compelling insights into growth that is witnessed in the market. Bioplastic Textiles market is segmented By Material into Bio-Polyester, Polyhydroxyalkanoate, Polylactic Acid, Polyhydroxy Butyrate, and Bio-Polyamide; By Source into Corn Starch, Cassava, Sugarcane, and Beet; By End-User into Footwear, Clothing, and Home Textiles. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

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The post Bioplastic Textiles Market to Surge at 6.60% CAGR, which is anticipated to reach USD 2.09 billion by 2030 first appeared on CRI Report.

The market report on Vinyl Flooring market includes in-depth insights as:

• The estimated value of the market was USD 26.35 billion in the year 2020.
• Region-wise, the market in Asia Pacific which held the largest market share in the year 2020, emerged as a key market for Vinyl Flooring market.
• Based on Product Outlook, Luxury Vinyl Tiles emerged as a key segment in the Vinyl Flooring market.
• Based on Application Outlook, the Commercial segment emerged as a key segment in the Vinyl Flooring market.
• Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“Consumers’ disposable earnings have risen in recent years, allowing them to upgrade their lifestyles and invest in lavish housing projects and other infrastructure improvements. Furthermore, customers believe that a well-decorated house is a mark of status, and as a result, they have begun to improve flooring solutions such as vinyl flooring in order to improve their social image.”, according to this report

Vinyl flooring, also known as resilient flooring, is created from a mix of natural and synthetic polymer materials that are laid out in a pattern. It’s a flexible synthetic flooring material that’s water and stain-resistant. Vinyl flooring is cost-effective and offers a variety of benefits such as durability, flexibility in handling, and design options, making it ideal for usage in hospitals, schools, businesses, and homes. Furthermore, because vinyl flooring is easy to walk on and decreases impact noise, it is commonly used as a substitute for more high-maintenance flooring such as carpet. Advanced print and texture techniques are now available, allowing vinyl flooring to replicate the look of a range of flooring alternatives such as hardwood, marble, stone, and so on.

Vinyl Flooring market is segmented by Product Outlook into Vinyl Sheets, Vinyl Tiles, Luxury Vinyl Tiles. Among these, The Luxury Vinyl Tiles sector is projected to remain the most popular vinyl flooring solution category, with revenue expected to grow at the fastest CAGR during the projection period. In comparison to ordinary vinyl tiles, LVT is more durable and performs better, giving it a competitive advantage over its competitors. Because the product is available in a variety of patterns and textures, the LVT market has aroused customer interest in recent years. Over the forecast period, the introduction of digital printing technology to the flooring sector, which allows for simple texture printing on these tiles, is expected to promote market expansion.

Key Players in the Market

• Some of the key players operating in the Vinyl Flooring market are Tarkett, Mohawk, Armstrong World Industries Inc., Shaw Industries Inc., Mannington Mills Inc., Beaulieu International Group, Gerflor, Forbo.

Get Valuable Insights into Vinyl Flooring Market

In the new report, CRI Report thrives to present an unbiased analysis of the Vinyl Flooring market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Product Outlook into Vinyl Sheets, Vinyl Tiles, Luxury Vinyl Tiles. By Application Outlook into Residential, Commercial. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

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The post Vinyl Flooring Market to Surge at 8.06% CAGR, which is anticipated to reach USD 57.23 billion by 2030. first appeared on CRI Report.

The market report on Aerospace Cold Forgings market includes in-depth insights as:

• The estimated value of the market was USD 4.01 million in the year 2020.
• Region-wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for the Aerospace Cold Forgings market.
• Based on Application, Landing gears emerged as a key segment in the Aerospace Cold Forgings market.
• Based on Type, the Fixed-wing segment emerged as a key segment in the Aerospace Cold Forgings market.
• Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“Cold forging is a quicker manufacturing procedure than traditional methods. This has enabled a large volume of manufacturing to be completed in a shorter amount of time, adding to the market’s expansion. The adoption of the cold forgings process has been helped by the IAQG’s stringent regulations for the manufacturing of aerospace parts. This has had a positive influence on the aerospace cold forgings business, allowing it to expand. Furthermore, the cold forging production method significantly decreases material loss, resulting in market growth.”, according to this report

Cold forging is a manufacturing process that involves deforming materials into high-strength components. The cold forging method ensures high production precision, which is essential for aircraft parts and components. Dimensionally accurate, cold-forged components require little or no finishing.

Aerospace Cold Forgings market is segmented by Application into Landing gear, Nacelle, Airframe. Over the forecast period, the Landing gears segment will account for significant growth in the aerospace cold forgings market. This is due to an increase in aircraft manufacturing throughout the world. Because of their high ductility and optimal yield strength, cold-forged titanium alloys are utilized to make airplane landing gear. Furthermore, the industry’s size is expected to grow significantly due to required compliance with severe requirements requiring landing gear replacement for aging fleets.

Key Players in the Market

• Some of the key players operating in the Aerospace Cold Forgings market are Precision Castparts Corp, Arconic, VSMPO-AVISTA, Scot Forge Company, Eramet Group, Shaanxi Hongyuan Aviation Forging Co Ltd, ATI Metal, STS Intelli, Rostec, Bharat Forge.

Get Valuable Insights into Aerospace Cold Forgings market

In the new report, CRI Report thrives to present an unbiased analysis of the Aerospace Cold Forgings market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by product type into Captive, Forging, Catalog forging, Custom forging. By type into Fixed-wing, Rotary wing. By platform into Narrowbody, Widebody, regional jets, Fighter jets, Helicopter, Others. By aircraft into Military Aviation, Commercial Aviation, General aviation. By Application into Landing gear, Nacelle, Airframe. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

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The post Aerospace Cold Forgings market to Surge at 7.07% CAGR, which is anticipated to reach USD 7.94 million by 2030. first appeared on CRI Report.