Cast Polypropylene Film Market Growth Is Driven By Increasing Demand For The Product In Food and Beverage Industry Across The Globe

Pune, Maharashtra, Jun 09, 2019 (Wired Release) Prudour Pvt. Ltd. – Cast polypropylene (CPP) film is a plastic film produced via casting process using polypropylene as a raw material. CPP film is widely known for its versatility and used as a sealing layer in flexible packaging industry for food packaging, especially solid food products. CPP film is a transparent and low-density film with high impact strength, moderate elasticity, excellent machine suitability, moisture resistant, abrasion resistance, improved shock resistance, and good heat sealability properties. They are available in different forms based on its application such as wrap, metalisable, lamination, bags and pouches, and others.

Increasing demand and consumption of convenience food, hectic lifestyle, growing population, coupled with high spending capacity are factors proliferating demand for cast polypropylene film. The CPP film helps to resist moisture and enhance the shelf life of food product. CPP film is an ideal choice for microwaveable packaging solutions and freezer bags as they have excellent machinability. The film also offers excellent heat seal layer for steam sterlization or retort appplication. Increasing demand for CPP film in textile, pharmaceutical, and others as a sealing or laminating material for packaging purpose.

Increasing use of other packaging materials such as PET, BOPP, etc. is a factor challenging growth of the global market. Increasing demand for sustainable packaging material in end-use industries is a factor creating new opportunity for manufacturers operating in the global cast polypropylene film market.

The worldwide market for cast polypropylene film is expected to register moderate CAGR of around 4.7 % over the next ten years and will be valued at 2,152 Mn in 2028, from US$ 1,355 Mn in 2018.

Cast polypropylene film is of three types i.e., general CPP film, metalized CPP film and retort CPP film. The general CPP film is widely used in agriculture, food, and others for packaging applications due to its excellent sealing ability and high transparency. Cast polypropylene film is used in various applications such as food packaging, drug packaging and clothing packaging. CPP film is approved by US Food and Drug Administration, and is considered to be safe for food packaging.

The market is segmented on the basis of geography such as North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Increasing demand for ready-to eat and packaged food owing to hectic lifestyle and high disposable income is a factor augmenting demand for cast polypropylene film in North America region. Increasing textile and pharmaceutical industries, growing population, coupled with increasing demand for convenience food has a positive impact on the cast polypropylene film market in Europe. Increasing demand for CPP film in various industries such as food and beverage, textile, pharmaceutical, etc. and presence of major players in countries in the Asia Pacific region are factors driving demand for cast polypropylene film.

Some of the prominent players operating in the target market include Profol Group, DDN, Zhejiang Yuanda, Shanxi Yingtai, Hubei Huishi, UFLEX, Manuli Stretch, Alpha Marathon, Panverta, Polibak, Mitsui Chemicals, Takigawa Seisakusho, Tri-Pack, PT. Bhineka Tatamulya, Vista Film Packaging, Achilles Corporation, Copol International, Schur Flexibles, Kanodia Technoplast, and Taghleef Industries.

Source: https://media.market.us/cast-polypropylene-film-market-growth-is-driven-by-increasing-demand-for-the-product-in-food-beverage-industry-across-the-globe/3627/

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Automotive Fastener Market Growth To Be Driven By Increasing Number Of Automobile Industries Across The Globe

Pune, Maharashtra, Jun 08, 2019 (Wired Release) Prudour Pvt. Ltd. – Automotive fasteners are those components which are useful in vehicle assembly and automotive industries and consist of nuts, washers, concrete anchors, threaded rods, bolts, rivets, screws, and retaining rings that are used completely for manufacturing of automotive. These automotive fasteners are the mechanical components that help in joining, holding, or affixes two or many parts together. Automotive fasteners are made up of different materials including aluminium, stainless steel, plastic, brass nickel. Automotive fasteners are useful for the clamping parts of vehicles together for avoiding the wobbling or separation, for preventing leakage of joint, transmitting loads. Automotive fasteners are in different coatings and shapes, colors, attractive designs, and quality.

The increasing number of automobile companies and rising awareness regarding the importance of fasteners in automobiles are among the major factors that are propelling the demand for automotive fastener market. Increasing number of advanced technical improvements and enhancements in the stability due to quality of fasteners these automotive fasteners makes it suitable for the end use consumers to purchase fasteners for their vehicles, and are among the other factors which support to drive the growth of the target market. An alternative for automotive fasteners such as welding and clinching are factors that are hampering the target market.

The emergence of more advanced automotive technology results in more cutting-edge automotive fasteners and easily replaceable nature of automotive fasteners egging consumers for purchasing those for their vehicles. This is one of the trend observed in the target market, which is expected to gain traction in the market and support the growth of the global market.

The automotive fastener market worldwide is expected to grow at a compound annual growth rate of nearly 3.3% over the next 10 years and was valued at around US$ 21,450.0Mn in 2018 to US$ 29,623.2Mn in 2028.

Mainly five types of automotive fasteners are available in the market currently, including iron, nickel, brass, stainless steel, aluminium. Out of these types, demand for stainless steel is expected to increase at a significant rate as it is cost effective.

The automotive fastener is used in various applications including passenger car and commercial vehicle. Demand for the automotive fastener is increasing in passenger car due to the increasing demand for lightweight fasteners, and increasing government mandates for emission reduction and fuel economy and increasing disposable income.

Rapid technological advancements and rising sale of vehicles, growing production of vehicles, and increasing demand for automotive fasteners from the end-users especially in US and Canada are the factors that are resulting in high demand for the target market in North America. Increasing demand for automotive fastener in the region of Asia Pacific due to increasing manufacturing activities of vehicles in China, Japan, and India and rising demand for electric vehicles in this region. Demand for the automotive fastener is comparatively less in regions such as Latin America, and the Middle East and Africa.

Some of the major players operating in the global automotive fastener market include Stanley Engineered Fastening, Penn Engineering and Manufacturing oration, Koninklijke Nedschroef Holding B.V, Illinois Tools Work Inc., Sundaram Fasteners, Rocknel Fastener, Bulten AB, Trifast, Phillips Screw, and Precision Castparts.

Source: https://media.market.us/automotive-fastener-market-growth-to-be-driven-by-increasing-number-of-automobile-industries-across-the-globe/3624/

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Automotive Automatic Transmission Market Is Driven By Increasing Automotive Production And Sales Globally

Pune, Maharashtra, Jun 08, 2019 (Wired Release) Prudour Pvt. Ltd. – The automotive automatic transmission is also called as auto, self-shifting transmission, n-speed automatic or AT, is a critical part of a vehicle’s powertrain, which transfers power developed by the engine to the driven wheels. Nowadays, automotive manufacturers are focusing to minimize power losses in the transmission along with maximizing efficiency. It comprises of the gearbox, clutch, rear axle, propeller shaft, and wheels.

There are different kinds of automatic transmissions, including the automatic transmission (AT), the automated manual transmission (AMT), dual clutch automatic transmission (DCT) and the continuously variable transmission (CVT). These automatics used in passenger vehicles, commercial vehicles, as well as off-highway vehicles.

The major factors driving the target market include the emergence of lightweight vehicles, growing demand for fuel-efficient vehicles along with smooth driving experience. In addition, stringent regulatory norms have fueled the growth of the market. Moreover, significant growth in automobiles, increasing RandD activities related to transmission technologies, along with rising demand for reduced carbon footprint technologies are expected to drive the global automotive automatic transmission market in the coming years. Properly designed and programmed transmission system can improve fuel efficiency, which likely helps the automotive OEM to meet the stringent environmental and emission norms in various countries.

A recent trend observed in the target market is manufacturers are opting automatic transmission systems rather than a manual transmission, owing to the emergence of advanced automotive engines and the arrival of electric vehicles (EVs) and hybrid vehicles. Moreover, smooth and faster gear-shifting abilities and low involvement while driving are some factors extending automotive automatic transmission demand across the globe. Whereas, the high cost of advanced transmission systems may hamper growth of the target market.

Geographically, the rising adoption of passenger vehicles in emerging countries such as China and India, the market for automotive transmission in the Asia Pacific registering the highest growth rate. Increasing automotive sales, the presence of a large number of automotive manufacturers, stringent guidelines to reduce carbon emissions, technological advancements such as 9-speed automatic transmission for passenger cars and dual shafts gearboxes (DSG) in countries such as Japan, China, India, and South Korea is projected to impact the global market growth positively. The market in North America is anticipated to register fast pace over the forecast period, owing to the increasing demand for sports sedans, luxury cars, and high-performance cars. Moreover, increasing demand for aftermarket transmission system is significant in Europe and North America which might positively impact the automotive automatic transmission market globally.

Key players of automotive automatic transmissions have been profiled in the report. These include ArcelorMittal, ThyssenKrupp, JFE, POSCO, Baosteel Group, Hebei Iron and Steel, Bohai Steel Group, NSSMC, Shougang, Ansteel, Tata Steel, Shandong Steel Group, Jiangsu Shagang, Wuhan Iron and Steel, Maanshan Steel, and Hyundai Steel, Gerdau, and Nucor Corporation.

A majority of these companies are likely to expand their manufacturing bases, integrate smart technologies to increase the performance and improve the working of the vehicles.

In March 2018, for instance, Jaguar Land Rover India launched Range Rover Evoque Convertible with the automatic transmission system.

Source: https://media.market.us/automotive-automatic-transmission-market-is-driven-by-increasing-automotive-production-and-sales-globally/3621/

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3D Optical Surface Profilers Market Growth To Be Driven By Increasing Number Of Aerospace And Automotive Industries Across The Globe

Pune, Maharashtra, Jun 07, 2019 (Wired Release) Prudour Pvt. Ltd. – 3D optical surface profilers are a type of profilometer that uses a technology called non-contact technology. These 3D optical surface profilers are usually constructed using advanced optical microscopes, offering two advantages including excellent imaging and no contact with the surface being measured. They work with the use of a variety of light sources, generally using high-brightness LEDs, for illuminating the sample and classy cameras for capturing these images that are then transformed into height information with the help of many techniques. 3D surface profilers offer many advantages such as wider magnification/FOV range, superior z-resolution (independent of magnification), high speed, and capable of measuring super-smooth to rough surfaces.

Increasing number of automotive and electronic industries across the globe, rapid technological improvements and developments in 3D optical surface profilers, increasing demand for these 3D optical surface profilers are among the major factors that are propelling the demand for 3D optical surface profilers. Rapid growing life science and aerospace industries across the globe, entry of new key players, are among the other factors which help to drive the growth of the market.

3D optical surface profilers are used in various applications such as automotive and precision machining, micro-manufacturing and nanotechnology, consumer electronics and displays, optics and photonics, and aerospace and defense.

Mainly two types of 3D optical surface profilers are available in the market currently, including white light interference and confocal technology. Demand for white light interference 3D optical surface profilers is high due to this type of 3D optical surface profilers allows for multiple data points from the same area on the sample.

The 3D optical surface profilers are used in various applications including automotive and aerospace, electronic and semiconductor, life science, and mems industry. 3D optical surface profilers are used in automotive and aerospace industries due to the increasingly developed and matured manufacturing technology and low cost of raw materials.

Rapid technological advancements and increasing adoption rate of 3D optical surface profilers especially in US and Canada are the factors that are resulting in high demand for the target market in North America. Demand for 3D optical surface profilers is increasing in region of Asia Pacific due to increasing number of automotive industries and fields expenditures, more intense competition, increasing new launches in presenting new products, increasing spending on common industries in this region. In addition, retrofitting and renovation of old technology, increasing adoption of 3D optical surface profilers in underdeveloped and developing countries such as India and China. Demand for 3D optical surface profilers is comparatively less in regions such as Latin America, and the Middle East and Africa.

The 3D optical surface profilers market worldwide is expected to grow at a compound annual growth rate of nearly X.X% over the next 10 years and was valued at around US$ XX.X Mn in 2018.

Some of the major players operating in the global 3D optical surface profilers market include KLA-Tencor, Alicona, Zygo, and Bruker Nano Surfaces.

Source: https://media.market.us/3d-optical-surface-profilers-market-growth-to-be-driven-by-increasing-number-of-aerospace-and-automotive-industries-across-the-globe/3617/

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Global Fumaric Acid Market Is Driven By Increasing Adoption Of Fumaric Acid In Food and Beverages Across The Globe

Pune, Maharashtra, Jun 07, 2019 (Wired Release) Prudour Pvt. Ltd. – An ongoing trend observed in the market is increasing use of fumaric acid as a food acidulant, coagulant, and others in food and beverages sector to add sharp taste, flavor, and preserve the end-product. Fumaric acid is also known as allomaleic acid or trans-butenedioic acid, and is produced by thermal or catalytic isomerization of maleic acid. It is also prepared by the oxidation of furfural and sodium chlorate in presence of vanadium pentoxide. Fumaric acid is a white crystalline powder with chemical formula HO2CCH=CHCO2H and is nonhygroscopic virtually.

Rapid industrialization coupled with growing construction, automotive, food and beverages, and other industries are factors proliferating demand for fumaric acid. Fumaric acid is widely used in beverages such as energy drinks in order to stabilize or preserve and maintain the quality for long time. It is also used in baked goods, gelatins, puddings, jams, jellies, and meat products. Increasing adoption of fumaric acid in manufacturing of resins such as unsaturated polyester resins and alkyd resins for maintaining the unsaturated molecular chain. These resins are widely used in various end-use industries such as automotive, pharmaceutical, and construction.

Fumaric acid is non-toxic and thus used in plasticizers as a chemical intermediate owing to increasing use of plasticizers in food processing. Growing population coupled with high disposable income, and government initiatives and investments for commercial and residential construction in various countries, have a positive impact on the global market. Stringent regulations by government authorities pertaining to environmental concerns associated with resins to reduce carbon footprints is a factor challenging growth of the global market. US Food and Drug Administration (FDA), Flavor and Extract Manufacturers Association, European Union, and others have regulations on use of fumaric acid in food and beverages and pharmaceutical industries.

Fumaric acid is found in two grades i.e., food-grade and technical-grade. The fumaric acid is used for various applications such as food and beverages, rosin paper sizes, unsaturated polyester resin, and alkyd resins. Food-grade fumaric acid is widely used in energy drinks and other beverages along with food products for preservation and flavor enhancement. Fumaric acid is used in different concentration for various applications such as around 30 % in paper size resins, 20 % in unsaturated polyester resins, 15% in food acidulant, 6% in alkyd resins, 5% in plasticizers, and others.

Rapid industrialization, coupled with growing construction and automotive industries, increasing government investments in various industries in the Asia Pacific region are factors driving demand for resins and plasticizers which in turn increase demand for fumaric acid. In addition, shifting preference for convenience and processed food products owing to hectic lifestyle, and high spending capacity has a positive impact on the Asia Pacific market. Growing awareness among consumers for healthy diet, rapid urbanization, coupled with increasing consumption and demand for energy drinks and ready-to-eat food products are factors augmenting demand for fumaric acid in North America and Europe.

The worldwide market for fumaric acid is expected to register significant CAGR of around 7.1 % over the next ten years and will be valued at US$ 1,317.5 Mn in 2028, from US$ 661.3 Mn in 2018.

Some of the prominent players operating in the target market include Yantai Hengyuan Bioengineering, Bartek Ingredients, Polynt, Thirumalai Chemical, Isegen, Fuso Chemicals, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, NIPPON SHOKUBAI, Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, and XST Biological.

Source: https://media.market.us/global-fumaric-acid-market-is-driven-by-increasing-adoption-of-fumaric-acid-in-food-beverages-across-the-globe/3609/

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Automotive Glazing Market is driven by growing demand for lightweight automobile components with superior impact resistance across the globe

The global automotive glazing market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for lightweight auto-components owing to the surge in demand for high-efficiency vehicles with superior performance is expected to drive market growth.

The global automotive glazing market report has been segmented on the basis of product, application, vehicle type, and region.

On the basis of product, the global automotive glazing market has been segmented into laminated glass, tempered glass, and polycarbonate. Demand for polycarbonate is anticipated to grow over the forecast period owing to its heat resistance, high impact resistance, and easy to shape flexibility properties.

On the basis of application, the global automotive glazing market has been segmented into rear windshield, front windshield, and sunroof. Penetration of sunroofs is expected to grow over the forecast period. Growing demand for superior illumination and air circulation in automobiles is expected to drive market growth over the forecast period.

On the basis of vehicle type, the global automotive glazing market has been segmented into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Light commercial vehicles (LCVs) is expected to witness steady growth over the forecast period owing to growing demand for transportation sector across the world. Increasing demand for lightweight components to improve the fuel efficiency of automobiles is anticipated to propel market growth.

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On the basis of region, the global automotive glazing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to be the fastest growing region in the global automotive glazing market owing to increasing automotive production in the region. Growing demand for innovating glazing to produce attractive luxury cars is expected to drive market growth in the region.

Key players operating in the global automotive glazing market include Asahi Glass Co. Ltd., Nippon Sheet Glass Co., Ltd. (Pilkington), Pittsburgh Glassworks LLC, Covestro AG, Webasto Roof Systems Inc., Mitsubishi Engineering-Plastics Corp., Fuyao Glass America, Webasto Roof Systems Inc., Guardian Industries Corp., and Saint Gobain S.A.

IoT device management market growth is driven by increasing adoption of IoT in various industries

The global IoT device management market revenue is expected to expand at a lucrative CAGR over the forecast period. Technological advancements in innovative product and service development are expected to drive growth of the global IoT device management market over the forecast period.

The global device management market report has been segmented on the basis of component, organization size, application, deployment, and region. On the basis of component, the target market is segmented into solution and services. The solution segment is further segmented into real-time streaming analytics, security solutions, data management, remote monitoring, and network bandwidth management. The services segment is segmented into professional and managed.

On the basis of organization size, the target market is segmented into small and medium-sized enterprises (SME) and large enterprise. The small and medium-sized enterprises (SME) segment is expected to account for highest CAGR over the forecast period, owing to increasing adoption of IoT services for various operations in small organizations.

On the basis of application, the target market is segmented into smart retail, smart healthcare, smart transportation & logistics, smart utilities, smart manufacturing, and others. The smart healthcare application segment is expected to register highest share in the target market over the forecast period.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to technological advancements, improved communication and network infrastructure in various countries in the region. The market in Asia Pacific is expected to register highest CAGR in terms of revenue, owing to increasing demand for smart city infrastructure and automation in healthcare industry in developing counties such as India, China, and Japan in the region.

Key players operating in the global IoT device management market IBM Corporation, Aeris Communications, Inc., Microsoft Corporation, Bosch Software Innovations GmbH, Oracle Corporation, PTC Inc., Advantech Co, Ltd., Intel Corporation, SAP SE, and Smith Micro Software, Inc.