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Electric Bus Market Size: Total Units to Reach 820,150 Units on-Road by 2028

Electric bus market units is expected to surpass 820,150 units by 2028, finds Bekryl Market Analysts. The industry was valued at US$ 37 billion in 2017. While China will register single digit growth rate, rest of the world will attain double digit growth during the forecast period. As such, many companies including China based players are actively engaged in business expansion in Europe, Asia and North America.

Bekryl’s market research report, Global Electric Bus Market Size Analysis and Industry Opportunity, finds China to account for 98.5% of global sales in 2018. China not only leads in electric bus production but also the highest sales. This has created remarkably higher market opportunity for industry players in the country. As per the estimates, China will be able to replace 92% of conventional buses with electric buses by 2028. The industry is highly fragmented with presence of large number of government supported companies. Yutong accounted for majority of the regional share.

Request Report Sample (Report Excerpts, PDF): https://bekryl.com/sample/sample-request/?bekryl=Get-Electric-Bus-Sample-Report.

To read more about electric bus industry trends and key insights, visit: https://bekryl.com/industry-trends/electric-bus-market-size-analysis

Some key trends from the global Electric Bus market:

Trend#1: Plant Expansion

Demand for electric bus has significantly increased in last few years. Various government is actively encouraging the deployment of e-buses with lucrative incentives. As such, companies are not only strengthening their marketing channels but also focusing on setting up production plant across continent. Plant expansion is a part of strategic importance. Pricing plays a key role in overall bus tenders. As such, local/regional production plants will greatly reduce the operational cost and ensure higher return on investment (ROI) on long term duration.

Companies are strategically focusing on plant capacity addition in order to lower supply chain gap. For instance, in 2017, BYD Company set up new electric bus manufacturing plant at Komaram, Hungary, in order to cater to growing demand in Eastern Europe. Another company Proterra set up manufacturing plant at Los Angeles, U.S. in the same year.  

Trend#2: Focus on Battery Technology

Various electric bus manufactures focus on enhancing their battery technology and charging solutions through partnership and product development. These manufacturers focus on prolonging the bus run duration as well as minimizing the charging duration.

In 2017, Proterra Inc. partnered with LG Chem, a South Korea based chemical company, in order to develop battery cell optimized for the heavy duty vehicle market. Similar development is witnessed across other leading companies.

Trend#3: School Electric Bus Market to Create New Revenue Opportunities for Industry Players

While transit electric buses will continue to dominate the global sales, school electric bus will gain highest traction during the forecast period. The trend will be strong in North America, wherein school buses account for a larger share. As per the estimates, there are close to 460,000 school buses operational in U.S. The Government is focusing on phasing out conventional buses with e-buses in order to comply with sustainable growth. In 2016, U.S. government came up with grants worth US$ 7.7 Million for electric bus deployment across 88 participants. In 2018, U.S. government again came up with US$ 8.7 Million grant to either replace or retrofit the existing conventional buses. As per the 2018 EPA’s DERA Funding policies, a rebate of US$ 15,000 to US$20,000 per unit is applicable to buses with 2006 or older version.

Bekryl estimates the school electric buses will be a disruptive driving force in U.S.  Lower competition and government support will further help companies to drive high ROI. While there is immense opportunity, the deployment is expected to be partially slower and will gain high traction post 2023.

Some key global electric bus market players are Yutong, New Flyer of America, BYD Company Limited, AB Volvo, Daimler AG, Proterra, Inc., and Zhongtong Bus & Holding Co., Ltd.,. Also, other key contributors are Ashok Leyland, Ltd., Solaris Bus & Coach S.A., EBUSCO, Shenzhen Wuzhoulong Motors Co., Ltd, and Alexander Dennis Limited.

Electric Bus Industry Revenue Analysis By:

By Vehicle Type:

Hybrid Electric Vehicle

Battery Electric Vehicles

By Charging Infrastructure:

Ground Contact

Roof Pantograph

Gantry Pantograph

Plug Only

Induction

By Application:

Shuttles

Transit Buses

School Buses

Others

By Coach Length:

10-11 Meter

12-13 Meter

14-16 Meter

>18 Meter

By Drivertrain Technology:

Parallel Hybrid

Series Hybrid

Series Parallel Hybrid

Some other Industry Reports in High Demand:

India Electric Scooters Market Report: https://bekryl.com/industry-trends/india-electric-scooters-market-size-analysis

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Spices Market to be valued at US$ 19.5 Billion, finds Bekryl Market Analysts

Global Seasonings and Spices Market Size is estimated to be valued over 19.5 billion in 2018 and will register a CAGR of 7.1% between 2017 and 2028.

The industry in Western Europe and North America is import dependent with major supply taking place from South East Asia. Demand for these spices is increasing with changing taste preference and higher migration of Asian population to Europe and North America. As a result, the total spice consumption has increased over the time frame and industry players will gain 1.8X higher sales by 2028 as compared to that in 2017.

Some key trends from the Global Seasonings and Spices Market:

Trend#1: Asia Pacific Spices Market to Account for over US$ 11,500 Million Revenue in 2018

Much of the seasonings and spices market sales will be concentrated to Asia Pacific owing to presence of large consumer base along and good distribution network. Though the per capita consumption of spices in South East Asia is 6X higher compared to that in developed regions, there exists immense revenue potential in the region.

South East Asia is highly fragmented with presence of large number of regional players. Sales to consumers are largely through general stores. However, rise in disposable income has led to change in consumer behavior pattern. There has been significant rise in overall sales through retail channels. As such, well planned strategy along with good distribution partnership could help multinational companies to strengthen their business presence and capture a major chunk of addressable market.

Trend#2: Seasonings and Spices Market to be driven by Increasing Demand for Organic Products

Demand for organic spices will increase over 6,400 kilo tons by end of 2025. Various companies has already forayed in the market. For instance, IFSC invested in Olam to expand later spices business in Nigeria, Singapore and India. Olam has also raised fund from International Finance Corp. to strengthen its business ecosystem in organic products. The demand for organic products will be particularly higher in North America and Europe. These two regions will collectively account for higher sales value.

Trend#3: Food Processing Industry to Drive the Sales of Spices and Seasonings Worldwide

Spices are in high demand from ready-to-eat food products. This is a white space opportunity for manufacturers trying to compete in hypercompetitive environment. The food processing industry is growing at a CAGR of 11% in Asia Pacific which will significantly create higher market value for spices industry players.

To gain more competitive insights, request sample PDF report: sample request.

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Global Masterbatch Market Analysis, Industry Trends and Opportunities Across Regions (U.S, Canada, Germany, UK, France, Spain, Italy, Russia, Ukraine, Poland, Japan, India, China, ASEAN, Australia, Brazil, Mexico, Argentina, GCC, South Africa) -2018-2028

he Global masterbatch market size is estimated to be valued at USD 10.8 billion in 2018 and will register a CAGR of 6.7% between 2017 and 2028.

Global masterbatch market has witnessed a series of development in last seven years. The highest traction was witnessed from automotive and packaging sectors. Demand for high performance plastics is witnessing CAGR of over 7% in automotive and other allied sectors. As such, masterbatch production is consistently gaining higher traction in these industry verticals.

Bekryl’s market research report, Global Masterbatch Market Size Analysis and Industry Opportunity, finds Western Europe and Asia Pacific to collectively account for 58% of global share in 2018. Significant rise in sales of end-use industries has created favorable market scope in Asia Pacific. For instance, China accounted for nearly 28% of global vehicle production followed by Japan with 10% in 2017. The automotive production is expected to further rise in the region with increased demand and higher per capita disposable income. This is expected to create favorable business environment for mastermatch market players. It is expected that Asia Pacific will take over Western Europe masterbatch market sales by second half of 2019.

Download Masterbatch Market Report Sample: https://bekryl.com/sample-masterbatch-industry-report

Some key trends from the global Masterbatch Market:

Trend#1: Strategic Focus on Developing Regions

Leading companies are strategically focusing on enhancing their business presence in developing regions of Asia Pacific and Middle East. This is primarily intended to lower operational cost and capture a major chunk of fragmented market. Various key developments took place in the region post 2011. For instance, recently, in January 2018, Swiss Specialty Chemicals Company Clariant started materbatch production plant in strategically located Saudi Arabia (KSA). This is a joint venture between Clariant and Rowad. Another Swiss masterbatch producer, Granula AG entered in joint venture with SOM SHIVA (IMPEX) Ltd. to build masterbatch production plant in India in 2016. In 2016, A. Schulman entered in strategic partnership with Snetor Chimie to expand its business presence in Africa.

Trend#2: Increase in Demand for Color Masterbatch

Color Masterbatch Market is expected to dominate the sales throughout the forecast period. It is expected to create an incremental opportunity of over 3 Billion between 2018 and 2028. Much of the demand is expected to generate from Western Europe. Recently, in 2016, A. Schulman, Inc. opened a new color masterbatch production facility in China.

Trend#3: Asia Pacific to Create High Sales Opportunity

Asia Pacific will create high incremental opportunity for industry players. The region will takeover Western Europe masterbatch market by 2019 and will create 2X higher incremental opportunity than Europe. Much of the demand is expected to generate from China – accounting for over 51% of regional share in 2018. It will gain over 800 basis points by end of the forecast period.

Trend#4: Packaging Application to Dominate the Masterbatch Sales

Masterbatch sales will be highest across packaging application followed by automotive. Collectively, these applications will account for US$ 10.8 Billion by 2028.

Explore Key Strategic Industry Insights across over 24 major countries: https://bekryl.com/industry-trends/masterbatch-market-size-analysis

 Some key global masterbatch market players are Clariant AG, PolyOne, Cabot Corporation, Plastika Kritis S.A. RTP, Ampacet, Tosaf Group and Granula AG. The industry is highly fragmented and competitive. Pricing level strategy and collaboration with regional players could help leading companies to expand their business presence and generate higher ROI during the forecast period. Further inorganic growth strategy could be seen citing current trends.

 About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: [email protected] Phone: [phone] Address:99 Wall Street Suite 622  City: New York State: New York Country: United States Website: https://bekryl.com/industry-trends/masterbatch-market-size-analysis

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Global Acid Proof Lining Market Analysis, Industry Trends and Opportunities Across Regions (U.S, Canada, Germany, UK, France, Spain, Italy, Russia, Japan, India, China, ASEAN, Australia) -2018-2028

ACID PROOF LINING MARKET SIZE, 2018-2028

Global acid proof lining market size is projected to be valued over USD 4.6 billion in 2018. The product is gaining traction owing to its coating features that offers protection against mechanical abrasion. Acid proof lining coatings finds application across fiberglass, plastic piping, and steel structures. Increased industrialization rate has significantly led to higher adoption of acid proof lining across worldwide. For instance, the chemical, petrochemicals and steel processing industries demand acid proof lining such as ceramic brick lining, tile lining, and fluoropolymer lining.

Global Acid Proof Lining Market Dynamics: Industry Trends and Restraints

Worldwide acid proof lining market revenue will register upward trajectory during the forecast period (2018-2028), owing to increased industrial production ratio and chemical output. Manufacturing output has significantly improved developing regions of Asia Pacific and Latin America. Global manufacturing output is expected to be over 3% in 2018 – higher than 2.8% (2018-2028). Several government initiatives and programs such as Make in China and Make in India programs has led to opening of new avenues for FDI (foreign direct investment). As a matter of fact, the global manufacturing output has increased from ‘USD 9.2 Trillion in 2009 to USD 11.6 Trillion in 2015 – showcasing optimistic scenario for overall industry opportunity.

 Download Acid Proof Lining Market Report Sample: https://bekryl.com/sample-acid-proof-lining-industry-report

End-use market is expected to grow significantly especially in electronics, industrial and construction sector. The acid proof lining market trends is segmented on the basis of application, technologies, and geography. On the basis of technology, market is segmented into carbon brick lining, ceramic brick lining, thermoplastic lining, tile lining, and fluoropolymer lining. Among these, thermoplastic lining is estimated to dominate the industry. It accounted for 66% share in 2016.

It will find its application across chemicals, petrochemicals, pharmaceuticals, power generation, metallurgy, steel processing, water treatment, and others.

Global Acid Proof Lining Market Size: Regional Outlook

The global acid proof lining industry value is analyzed across North America, Central and Eastern Europe, Western Europe, Latin America, Asia Pacific, Middle East, and Africa.

Asia Pacific acid proof lining market size will account for highest industry share and will dominate the market throughout the forecast period (2018-2028) owing to presence of large number of construction companies and industrial powerhouses. Furthermore, Asia Pacific is the global leader in electronics production – making it a preferred destination for acid proof industry players. It will account for over 46% of global acid proof lining market share.

Explore Industry Insights on Acid Proof Lining Market Outlook: https://bekryl.com/industry-trends/acid-proof-lining-market-size-analysis

Next prominent region is Western Europe. The region is characterized by higher saturation, intense competition and emergence of disruptive solutions to business model – which in turn will create higher market opportunity for industry players. Germany will dominate the regional share with nearly 28% share in 2018. Germany is the industrial hub and will create new market opportunities for acid proof lining market players. EU has lost a dramatic acid proof lining market share from 39% in 2006 to just 23% in 2017. It is expected that industry will stabilize over the forecast period.

Global Acid Proof Lining Market Opportunity: Competition Landscape

Some key acid proofing lining industry players are Steuler-Kch GmbH, Atlas Minerals and Chemicals, SGL Group, Hurner Funken GmbH, Arcoy Industries, Durosil Products Ltd, Dongyu Refractory and Engineering Ltd, Brant Corrossion, and Henkel Surface Technologies Corp.

These key players focuses primarily on product level strategy and are adopting inorganic strategy to maintain their market presence.

 About Bekryl

 Bekryl Market Analysts is global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today's disruptive business environment. We bring together data, leader's opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: [email protected] Phone: [phone] Address:99 Wall Street, Suite 622  City: New York State: New York Country: United States

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Global Medical Foods Market Analysis, Industry Trends and Opportunities Across Regions (U.S, Canada, Germany, UK, France, Spain, Italy, Russia, Japan, India, China, ASEAN, Australia, Brazil, Mexico, Argentina, GCC, South Africa) -2017-2027

The global medical foods market size is estimated to be valued at USD 10.6 billion in 2017 and will exhibit strong growth to create higher revenue opportunity not only for leading players but also regional players. Changes has been observed in the industry in last few years wherein healthcare spending has risen by nearly 2.5% globally – resulting in net increase in overall opportunities. The resulting improvement in the industry will open a host of opportunities for industry players to capitalize on.

Bekryl’s market research, Global Medical Foods Market Size Analysis and Industry Opportunity finds that North America region accounted for 33% of global sales. However, the region will lose significant market share to developing regions by 545 basis points between 2016 and 2027. Competition is very high in the region. Presence of large number of hospital facilities along with higher healthcare spending has certainly created a favorable market opportunity for industry players. As such, the region hosts leading medical foods companies.

There has been noticeable changes seen in North America. Competition has heightened among industry players to capture a major chunk of the medical foods market size citing the profit margins. Recently, few developments took place in the region. In 2017, Ajinomoto Corp, Inc. has acquired equity position in Cambrooke Therapeutics for nearly USD 64 million. Another leading company – BASF Corporation – entered in distribution agreement with DIEM Labs LLC to commercialize its first U.S. medical food products for Non-Alcoholic Fatty Liver Disease (NAFLD) patients. The move is expected to help company address ~25% of NAFLD patients in Europe and North America. Such long term strategic execution could help engaged players to generate higher ROI.

Europe has amounted to profits, though, marginal and quite sluggish in last few years. The Europe medical foods market size witnessed tumbling phase in-between 2008 to 2012, before achieving average annual growth of 2.5% in 2017. It is expected that the Western Europe medical foods industry will register annual growth of 3.3% between 2017 and 2027 – higher than historical business growth. Various macroeconomic factor are expected to create opportunity for players – most prominent being old age demographics and better healthcare infrastructure. There are over 510 million old age population in EU -28 alone, with median age being 42.6. This is expected to partially shift to 55 by 2030. As such, dependency on medical foods will increase significantly.

 Download report sample: https://bekryl.com/sample-medical-foods-industry-report

 Globally, changing business outlook has led to emergence of many mid-scale players. As of 2017, there are nearly over 60 key companies engaged in the sector. Nestle, Danone Group, Abbott Laboratories, Targeted Medical Pharma, and BASF are some of the key medical foods market companies. Nestle and Abbott Laboratories hold a major chunk of the industry share. According to Bekryl Market Analysts, these two players collectively accounted for nearly 55% of total share in 2016.

Several inorganic growth strategies are being adopted by the medical foods market industry leaders to maintain their market dominance. For instance, Nutricia – a prominent medical food company in Europe – was acquired by Danone Group in 2007. Souvenaid for Alzheimer’s patients is one such key product of Nutricia. Acquisition has helped Danone to strengthen its distribution channel in Europe. Another key player – Nestle – has entered in mergers and acquisitions with several medical foods companies to gain competitive advantage. Accera, CM&D Pharma, Nutrition Science Partner, Pamlab, Prometheus Laboratories, Vital foods, and Vitaflo are now part of Nestle Division.

Medical foods market outlook is set to be competitive in future owing to increasing demand and emerging small scale players. Opportunity will exist due to large presence of geriatrics population. Personalized medicine is also acting as a major catalyst for medical foods demand.

To know more about medical foods market, please visit https://bekryl.com/industry-trends/medical-foods-market-size-analysis

The industry is gaining wide scale recognition with few products coming in capsules form. Companies are spending on marketing strategies to assure the success rate. These players are distributing information sheets as well as conducting various seminars to bridge the gap regarding awareness. As such, Medical foods market is set to create lucrative market opportunity for industry players provided the companies adopt winning strategies. 

 About Bekryl

Bekryl Market Analysts is global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today's disruptive business environment. We bring together data, leader's opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: [email protected] Phone: [phone] Address:99 Wall Street Suite 622, New York City: New York State: NY Country: United States

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Global Golf Cart and NEV Market Size Analysis, Industry Trends and Opportunities, 2017-2028

The global neighborhood electric vehicle and golf cart market size is undergoing a significant development and is expected to witness upward trajectory growth over forecast period 2016-2028. It is estimated to be valued over USD 2.1 billion in 2017 and will register a CAGR of above 5.5% to create high market opportunities for industry players. These are self-propelled vehicle which is driven using electric motors and internal combustion engines specially designed for usage on golf courses in order to transport golfers and golf equipment.

Industry competitive rivalry has increased with 5 players accounting for nearly 73% of the global golf cart market share. Ingersoll Rand Corp., Polaris Industries, Textron, and Yamaha Golf Cart Company are some of the key leading players. New go-to-market strategy and product level strategy has emerged wherein the NEV market players are focusing on enhancing their marketing channels in developing regions.

Various types of carts are available in market today including push-pull, gasoline, solar powered and electric golf carts that run with the help of gasoline engine, solar powered motors and batteries. These are generally utilized for sports maneuvering as well as small distance movement of man and materials.

These low speed vehicles have average speed of 25-30 kmph. Furthermore, low-speed vehicle market development depends on the golf cart industry’s inclination to grip all of the up-to-date skills related to this special class of vehicle and an increase in disposable income among individuals and families in both worldwide developing and developed countries.

Global Golf Cart Market Size Analysis: Industry Drivers and Restraints

The global golf cart market growth depends on various vital factors ranging from emergence of new distribution channels, to launch of vehicles with better product features.

 Download Report Sample: https://bekryl.com/sample-nev-golf-cart-industry-report

 Global golf cart market revenue will witness a sharp increase in overall sales during the first half of forecast period, before slowing down to stagnant growth. The market is going through highly demanding scenario, and this is one of the factors that will transform the market. The automobile industry wants to ensure that consumers can access innovation in new distributed channels, reliable and repair services.

By product type, solar powdered golf is expected to expand at a fast pace because of low maintenance cost and higher efficiency value. Electric golf cart market size accounted for over 80% share in total share volume. Based on application types, golf cart market size is segmented into industry use, personal use, golf courses, rental services Etc. Herein, Golf courses segment accounted for over 51% of share value in total share volume in 2017. The use of golf carts for applications like short trips in universities, airports shopping malls, short drives within town Etc. has resulted in huge growth for this segment.

Global Golf Cart Market Size: Regional Analysis

North America golf cart market will dominate the overall industry size between 2017 and 2020 before losing its rank to Asia Pacific. Industry is facing the stagnation since last few years and as a result, U.S. golf cart market size will witness downward trend post 2022. To counter the trend, the companies need to focus on enhancing technology range to cater to customized needs of end-use consumers.

 Explore Industry Insights on Golf Cart Market: https://bekryl.com/industry-trends/nev-golf-cart-market-size-analysis

 Europe is another key market destination for golf cart market. Tourism and hospitality sectors is expected to create new industry opportunity for golf cart sales.

Asia Pacific and Latin America will be a major destination post mid forecast. Much of the demand is expected to generate from South East Asia. Countries such as China, India South Korea is undergoing rapid urbanization which in turn is expected to enhance mall culture, hi-tech and smart housing projects, and amusement and theme parks. These developments are projected to drive the demand for internal conveyance to carry people and goods, thus creating significant demand for golf carts.

Brazil and Mexico will be another key market for players in Latin America. Collectively, they will account for over 71% of total regional share by 2027.

Global Golf Cart Market Size: Competition Landscape

The industry is highly consolidated.  The key golf cart market players are E-Z-GO, EverGreen Electrical Vehicles, Columbia ParCar Corp, Club Car, LLC, Xiamen Dalle Electric Car Co., Ltd. and Yamaha Golf-Car Company Etc. Some other key notable participants in the industry include Garia Luxury Golf Car and Cruise Car Inc, Hitachi Chemical Co. Ltd., Maini Material Movement Pvt. Ltd. On an average, these industry players generate a gross profit of over 40% annually.

These companies are emphasizing not only on product level strategy but also go-to-market strategy. As such, there has been a notable increase in promotional campaign and R&D spending on design features. For instance, there is highly likelihood that Yamaha, which is primarily engaged in 2- passenger golf carts, will focus on 4 passenger electric vehicle model to capture the greater chunk of the market.

Product prices varies depending upon features, however, remains somewhat similar across all competitors ranging from USD 4600 to 7,500. Thus, product branding will be a major factor in overall sales.

 Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: [email protected] Phone: [phone] Address:99 Wall Street, Suite 622  City: New York State: New York Country: United States

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Global Carbon Nanotubes Market Size, Share and Forecast Analysis

The global Carbon Nanotubes market size is estimated to be valued at USD 1.4 billion in 2017 and will register a CAGR of 16.8% between 2018 and 2028.

The industry is set to create additional successive revenue opportunity of above USD 6.6 billion between 2018 and 2028. The industry, though fragmented, will find market opportunity in developing economies of Asia Pacific. Globally, the demand is expected to escalate from its automotive and construction sector.

Bekryl’s market research report, Global Carbon Nanotubes Market Size Analysis and Industry Opportunity finds that North America region accounted for 38% of global sales. North America and Western Europe are estimated to account for 70% of global sales in 2017. However, Asia Pacific will take over as the market leader by 2025. This primarily attributed to the fact that China has presence of large scale chemical industry along with well-established semiconductor industry.

To know more about carbon nanotubes market trends and download sample report, please visit https://bekryl.com/industry-trends/carbon-nanotubes-market-size-analysis

Much of the demand for carbon nanotubes is expected to generate from its application as construction composite and automotive composite. Together, it is estimated to account for over 75% of global market. As per the estimates, global carbon composites market is estimated to be over USD 18 bn by 2028. It is expected that carbon nanotubes will witness a penetration of around 15% in construction composites by 2028 – creating revenue opportunity of around 3 bn by 2028. Other applications such as in flame retardants is also expected to boost overall demand for global carbon nanotubes market.

Furthermore, high surface to volume ratio makes CNT potentially useful to be used as anode material. It is expected that the global carbon nanotubes market share will escalate in fuel cells segment during the forecast period. Even development in electronics sector will add momentum to overall growth. Recently, in 2017, researchers at IBM reported to be working on making world’s smallest transistors by CNTs. The company is striving to make CNT chips commercially available by 2020. However, as per the Bekryl Market Analysts, it is still in its early phase and may take another 7 to 10 years to be fully commercialized.

Carbon nanotubes holds high market opportunity for early entrants. Its application as targeted drug delivery system for oncology purpose could alone create an economic impact of USD 100 bn by 2030. However, this is still in its initial phase and might take another 10 years to map its impact on large scale commercially.

The product has certainly wide scale usage. However, production of carbon nanotubes in large quantity remains expensive till date. It could cost as much as USD 500 per gram depending on the material and its application usage.

By product type, Multi-walled CNTs is expected to dominate the global carbon nanotubes market. In 2017, its consumption is expected to account for 91.7% industry share and will witness 6.6X revenue growth between 2017 and 2028.

As the automotive and electronics market is shifting gradually to Asia Pacific, it is expected that Asia Pacific will take over North America by 2028 to be the highest revenue generating region for global carbon nanotubes market industry players. China and Japan accounted for major share regionally. Collectively, the region are expected to reach USD 2,377 million by 2028.

North America is expected to dominate the global carbon nanotubes market till 2026, and is characterized by the presence of large number of CNTs companies including Nanocyl and IBM. The region is expected to register a CAGR of 17.5% during the forecast period.

Some of the key global carbon nanotubes market industry players are Arkema Inc., OCSiAl Asia Pacific Co Ltd., Cnano Technology Ltd., Hanwha Chemical Corporation, Hyperion Catalysis International Inc., Showa Denko K.K., Nanocyl S.A., Unidym Inc.,  Continental Carbon Company, and Bayer Material Science AG. Showa Denko K.K., Nanocyl S.A., and Bayer Material, Cnano Technology Ltd., dominates the industry share.

Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: [email protected] Phone: [phone] Address:99 Wall Street, Suite 622  City: New York State: New York Country: United States

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Beverage Processing Equipment Maket Size, Share and Forecast Analysis

The Global Beverage Processing Equipment market size is estimated to be valued at USD 16.2 billion in 2018 and will register a CAGR of 5.6% between 2017 and 2028.

Globalization has played a major role in overall development of the industry. The industry is closely interlinked with beverage manufacturing output and is shifting from unorganized to organized sector owing to increased consumer awareness and technology up-gradation. The main impetus for gains will come from increasing automation and robotics. On an average, nearly 25% increase in productivity has been noted with automation. As such, it is likely to witness steep rise in sales of such equipment during the forecast period.

Bekryl’s market research report, Global Beverage Processing Equipment Market Size Analysis and Industry Opportunity finds that Asia Pacific to account for 38% of global sales in 2018. The region leads the industry not only in terms of sales value but also growth rate – creating highest incremental opportunity in the region. Growth in the region is primarily attributed to the fact that demand for processed foods has increased significantly in South East Asia.

Excerpts 1:

Besides China, much of the demand for equipment in South East Asia is met through import from Europe and China. For instance, in 2016, India imported over USD 190 million worth food and beverage processing equipment from Germany, Italy and China. FDI relaxation in the region is expected to further create favorable business environment for industry players.

 Download Free Sample Report: https://bekryl.com/sample-beverage-processing-equipment-industry-report

 Some key trends from the global beverage processing equipment market:

Trend#1: Developing Regions to create Higher Revenue Opportunity

Developing regions will create 2.5X higher successive revenue opportunity than developed regions. Among these, Asia Pacific and Latin America will act as key geographical regions. Asia Pacific is expected to be the only region to register a CAGR of 8.5% - higher than global average.

Trend#2: Plant Capacity Expansion across Asia Pacific and CEE Region

The beverage industry including global beverage processing equipment market size is highly competitive. Plant set-up in close proximity to beverage manufacturing location could help global beverage processing equipment companies to lower their operational expenses and generate higher ROI. As such, industry leaders including Tetra Pak and Alfa Laval are taking a series of strategic initiatives to strengthen their market share globally.

Alfa Laval has nearly 42 major production units including 10 in Asia Pacific to meet the end-user demand. Another leading company – Tetra Pak – is about to start its new closures production facility in Thailand by 2018, Asia.

Trend#3: Shift towards Industry Consolidation

A series of mergers/acquisitions took place in the industry in last few years. For instance, in 2016, JBT Corporation purchased the assets of Cooling and Applied Technologies, Inc. for USD 90 million.

Another such development was witnessed in Europe wherein, in 2017, GEA Group acquired Vipoll – manufacturer of filling technologies for carbonated soft drinks. Vipoll witnessed net profit of around USD 995 thousand on USD 20 Million revenue in 2016. In the same year, Tetra Pak – acquired Johnson Industries International - manufacturer of equipment and lines to produce mozzarella cheese.

Trend#4: Brewing and Carbonation Equipment to Dominate the Global Sales

Brewing and Carbonation equipment is estimated to account for 48% of global beverage processing equipment market sales in 2017. Over 70% of the carbonated soft drinks market in developed region is captured by The Coca-Cola Company and PepsiCo Inc, - leading to concentrated end-use market for equipment manufacturers.

 To Know more about the industry outlook, visit: https://bekryl.com/industry-trends/beverage-processing-equipment-market-size-analysis

Some key global beverage processing equipment market players are SPX Flow GEA Group, Pentair, Alfa Laval, Tetra Pak, Branom Instruments, KHS, Bucher Industries HRS Process System, Armo Manufacturing, Krones Group, Factory Automation, Lee Industries, and Stainless Fabrication, Inc.

 About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today's disruptive business environment. We bring together data, leader's opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Media Contact Company Name: Bekryl Market Analysts Contact Person: Burke B. Email: Send Email Phone: [phone] Address:99 Wall Street Suite 622 City: New York State: New York Country: United States

[alexwerner0b-blog]

Global Whey Protein Ingredients Market Size Analysis and Opportunity

Global whey protein ingredients market size is estimated to be valued at USD 8.8 bn in 2017. North America and Western Europe to account for 61% share in...

What does the future holds for whey protein ingredients manufacturers and suppliers. How the industry will shape in near future. Will Fragmented market scenario in Asia Pacific to create hypercompetitive environment?

Understand the whey protein ingredients market trend. 

[alexwerner0b-blog]

Global Whey Protein Ingredients Market Size Analysis and Opportunity

Global whey protein ingredients market size is estimated to be valued at USD 8.8 bn in 2017. North America and Western Europe to account for 61% share in...

What does the future holds for whey protein ingredients manufacturers and suppliers. How the industry will shape in near future. Will Fragmented market scenario in Asia Pacific to create hypercompetitive environment?

Understand the whey protein ingredients market trend.