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Biodiesel Market Size, Growth | Analysis & Forecast, 2030

According to ChemAnalyst report, “Global Biodiesel Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global biodiesel market demand stood at 25 Million Tonnes in 2020 and is forecast to reach 48.02 Million Tonnes by 2030, growing at a healthy CAGR of 6.75% until 2030. Lesser greenhouse gas emissions associated with biodiesel along with its biodegradable nature and the growing need for replacing fossil fuel with renewable fuel is projected to drive the demand of biodiesel for the forecast period. Moreover, increasing population and subsequent urbanization is also a propelling factor supporting demand growth of biodiesel during the forecast period. Additionally, government support for replacement of fossil fuels with biofuels which have lesser greenhouse emissions is another factor fueling demand growth for biodiesel. Lower performance as compared to fossil fuel and corrosion related problems are expected to hinder demand growth during the forecast period.

Biodiesel is a type of fuel made from bio-based resources such as vegetable oil and animal fat. It is renewable in nature with lesser carbon footprint. It can be used in existing diesel engines without modification. Biodiesel is produced via transesterification whereby glycerin is separated from animal fat or vegetable oil leaving behind methyl esters and glycerin. Its major application areas are fuel and power generation.  It is blended with diesel and then used in vehicles. Governments globally have set various blending targets to lower the dependence on oil imports and to reduce greenhouse gas emissions. Various automotive companies are incentivizing the usage of biofuel by giving extended warranty. Indian government has set targets of 5% blending by 2022 and United States department of defense has ordered that most of its road fleet would use blended fuels.

Biodiesel is basically processed vegetable oil or animal fat. It has applications in automotive and power generation as fuel. Stronger government support for replacement of fossil fuels with biofuel is propelling the demand of biodiesel. Due to the abundance of raw material and increasing demand from both the automotive and power generation segment, it is expected that the cost of biodiesel might come down during the forecast period. This is also another factor supporting demand rise for biodiesel and its usage in automotive and power generation. Growing demand for electric vehicles might also act as a constraint for demand growth during the forecast period.

Biodiesel are related to vegetable oil and animal fat. Hence, the price is directly linked to the fluctuations in the prices of vegetable oil and animal fat. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of automotive rendered a major downfall in the global biodiesel, hence the prices remained low for biodiesel during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Europe dominates the Global biodiesel market and holds the largest market share in FY20. Asia’s biodiesel market is anticipated to grow in the economies like China due to increasing demand of automotive and power generation.

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Major Players:

  • Australian Renewable Fuels Limited,
  • Arizona Biodiesel,
  • Amereco Biofuels Corp.,
  • Cosan,
  • Coskata,
  • Sapphire Energy,
  • Renewable Energy Group,
  • Ag Environmental Products,
  • Louis Dreyfus Corp.

“Being linked to the automotive industry, the global biodiesel industry has shown a robust growth alongside growing population and changing consumer preference towards environment friendly materials. Regionwide, Europe holds the major share of global biodiesel demand due to early adoption and greater government support for replacement of fossil fuel with biofuel. In Asia Pacific, China serves as the key growth region with sufficiently installed capacities for biodiesel.  With new competitors emerging across the Asia Pacific biodiesel market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us        

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Mob: +91 8882805349

Email: [email protected]

Website: https://www.chemanalyst.com/


Global Automotive Tire Market Trends in 2022 | TechSci Research

Rising population levels, rapid urbanization, and increasing personal disposable income have fuelled demand for cars, which in turn, has driven steady growth in the global tire market. By 2025, the sales of automobile tires are expected to reach 2,732 million units, owing to global economic growth, supporting vehicle production, and incremental expansion of the number of vehicles in use. As automobiles are becoming more automated and advanced, OEMs are working towards changing their strategies and investing in R&D to develop tires suitable for the various end-user markets. 

Here are the top trends expected to dominate the global tire market in 2022. 

 

Growing Demand for Advanced Tires | TechSci Research

As vehicle technology is changing rapidly, tire manufacturers must constantly evolve their tire designs and functionality. Advanced tires comprise technologies that increase the in-vehicle convenience, enhance the durability of tires with real-time monitoring of tire pressure, and improve vehicle fuel efficiency. Tire manufacturers use upgraded raw materials and chemical compounds to produce high-quality, smooth-performing tires for advanced vehicles. Intelligent tires will make mobility more efficient, affordable, and accessible. Hence tire manufacturers are increasingly focusing on building connected tires. In 2021, Goodyear introduced the first tire intelligence solution that works by using sensors and a cloud-based algorithm to provide fleet operators with real-time data. The growing need for automation and connectivity would further contribute to the rising adoption of advanced tires in the coming years. 

Enhanced Focus on Sustainability

Consumer demands for low carbon emission levels due to environmental concerns are leading automotive OEMs to put pressure on tire manufacturers to build sustainable products. Hence, developers are introducing tires with minimal friction and higher fuel efficiency to reduce carbon footprint, eliminate scrap tire stockpiles, and enhance sustainability. Some leading tire manufacturing companies have started replacing rubber with a synthetic blend, often incorporating silica to reduce road friction. In 2021, Michelin announced its ambition to make all tires from renewable, recycled, and bio-sourced materials by 2050. The company also plans to make high investments in research, development, and collaborations with other firms and innovators to find greener tire technologies. The rival tire manufacturer, Bridgestone, announced to launch of a new tire technology developed in alliance with Techsyn technology to make tires 30% better in wear efficiency and improve road resistance. 

Automation and Efficiency in Tire Production

Automation is being applied to almost every stage of the tire manufacturing process with the help of advanced digital tools like 3D printing and robotic technologies. The lack of skilled labor in the industry and the increased need for quality inspections and process improvements are creating more demand for automation in tire production. Besides, manufacturing plants require more technology that supports preventive and predictive failure solutions to enhance the efficiency of operations and improve workers’ safety. Real-time data for inventory management ensure 100% availability of raw materials and other components required for tire manufacturing in each process. Streamlined material flow allows facility managers to reduce buffering, water and scrap and enable better ergonomics and allocation of human resources. 

According to TechSci Research report on “Global Tire Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three Wheeler and OTR), By Demand Category (OEM vs. Replacement), By Radial Vs Bias, By Region, Competition Forecast & Opportunities, 2017-2027”, the global tire market is expected to grow at a significant CAGR during the forecast period. The market growth can be attributed to the shifting demand towards better lifespan, environmental-friendly tires, and growing tire sales in the replacement segment.


Electric Vehicle Market Analysis for 2022 | TechSci Research

Governments and automobile manufacturers are shifting to selling newer, cleaner electric vehicles, which are expected to account for one-quarter of new sales by 2035. Global electric vehicle sales reached 6.75 million units in 2021. Providing a boost to electric mobility is intended to cut down carbon emissions that contribute to greenhouse gases. Electric Vehicles are environment-friendly and safer, which has led to their rapid popularity and adoption in recent years. Continuous development in battery technologies and cheaper production costs have resulted in the emergence of affordable EV models. Besides, owners can save a lot on operating expenses since EV consumes 60% less fuel compared to internal combustible engines. Favorable government policies and subsidies, along with rapidly expanding electric vehicle charging infrastructure, are also encouraging buyers to opt for electric vehicles, supporting their market growth. 

Click : https://bit.ly/3NkIFgK

Expansion of EV models 

Battery electric vehicles and plug-in hybrids make up more than half of the options among available models in new car showrooms in the US. By next year, the number of all-electric vehicles is expected to quadruple, from 13 to 50. Key market players in the electric vehicle market such as Tesla, Volkswagen, Hyundai, BMW, and General Motors are releasing new models in all segments, such as all-electric pickups, SUVs, luxury, and sports cars. Other EV makers are ramping up their strategies and making huge investments to improve their battery technologies to keep up with new regulations and remain competitive. Ford has planned to roll out four new commercial EVs three-passenger electric vehicles by 2024. Japanese automotive giant, Honda has planned to launch 30 new electric vehicle models worldwide by 2030 and invest USD63.9 billion in R&D initiatives.

Commercial Players Big on EVs | TechSci Research

Commercial buyers are more focused on operating costs compared to retail customers. Switching to battery power would give a clear advantage to business buyers as they cost about half as much to keep in motion. High daily vehicle utilization and a large scale of operations make players in the e-commerce business ideal for commercial electric vehicles, which is projected to expand the commercial EV market size during the forecast period. Some businesses are recognizing EVs as a cost improvement measure, improve customer satisfaction, and meet regulatory compliances. Amazon, Flipkart, Uber, Zomato, and Swiggy have already set out their EV targets for 2025 and 2030 to boost electrification in their fleet. Witnessing the growing adoption of EVs by big businesses, auto manufacturers are building electric vehicles, from garbage trucks to semis. 

Plug-in Hybrid Remains the Most Preferred Choice for Buyers

Although pure electric cars are popular, the gasoline-electric hybrid models have been gaining much traction in recent years. Asia auto manufacturers are boosting hybrid vehicle line-ups as many customers are shunning EVs due to high prices and limited driving range. Hybrids offer a mix of fuel economy and performance, combining a combustion engine with an electric propulsion system. In 2021, the hybrid vehicle sales jumped 76% to 801,550 units in the United States. Toyota recorded the highest hybrid car sales in the US market, which made the Japanese automaker overtake General Motors, the top-selling automaker in the country. In the coming years, hybrid EVs are expected to register the fastest growth, owing to the rising number of hybrid EV models and the increasing inclination of buyers towards purchasing gasoline hybrids. 

According to TechSci Research report on “Electric Vehicle Shared Mobility Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Service Type (Ride-Hailing, Car Sharing, Car Rental and Ride Sharing), By Vehicle Type (Two-Wheeler and Four-Wheeler), By Commuting Pattern (Daily, Weekly and Occasionally) and By Region”, the global electric vehicle shared mobility market is expected to grow at a steady rate. The market growth can be attributed to the rising demand for urban mobility, increase in internet accessibility, and continuous digital revolution.


Pyridine Market Size, Share | Analysis & Forecast, 2030

According to ChemAnalyst report, “Global Pyridine Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Pyridine market witnessed a strong demand in the past five years and is projected to achieve a CAGR of 4.95% during the forecast period owing to its utilization in synthesizing of a variety of products such as agrochemicals (pesticides & herbicides), medicines such as antibiotics and antiviral etc., vitamins (Vit-B3 & B6), food additives, dyes, adhesives and paints. Additionally, increasing demand of Pyridine as a denaturant in manufacturing antifreeze mixtures owing to its superior chemical functionality that are used in automobiles is likely to drive the market for Pyridine.

Pyridine is a colorless to pale yellow, toxic and flammable compound with a strong unpleasant odor, exhibiting high solubility in water and other organic solvents, either employed as a solvent or reagent in specialized chemical manufacturing. It can either produce from Coal tar, its natural source or commercially manufactured by synthesis reactions like Bonnemann cyclization, Chichibabin synthesis and Cobalt-catalyzed alkyne-nitrile cyclomerizing utilizing ammonia and acetaldehyde as raw materials. Pyridine is extensively utilized as a precursor in agriculture industry for manufacturing of agrochemicals such as herbicides, and pesticides as well as pyrithione base fungicides. In addition, increasing usage of Pyridine as beta Picoline in Pharmaceutical industry to produce vitamin B3 and B6, a nutritious additive for food and beverage industry, is anticipated to drive the demand for the product in the forecast period

Agrochemicals as well as pharmaceuticals sectors that are the major consumers of Pyridine, were not much impeded during the Pandemic as there was limited immediate impacts of the pandemic on primary agriculture as well as the spread of corona virus further prompted the demand for Pyridine in the Pharmaceutical industry as people are eager to look for nutritious products to boost their immunity as a preventive measure for virus. Additionally, its utilization as a precursor for various antibacterial and antihistamine medicines along with its rising demand for manufacturing Vinyl Pyridine Latex for automobile tyres and conveyor belt are expected to propel as a potential segment in the growth of Global Pyridine Market.

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The Global Pyridine market is anticipated to witness a healthy growth with majority of the consumption share coming from Asia Pacific (APAC) Region. Factors like rapidly expanding pharmaceutical sector along with the growing agrochemical industry due to the presence of major agricultural countries like China and India have fueled the growth of the market for Pyridine in Asia-Pacific. Moreover, APAC is the global production hub for Pyridine, hence, China followed by India is the largest producer and consumer of Pyridine. The consumption of Pyridine in APAC region is expected to spur in the coming years under plans of capacity expansions of derivative, niacinamide in China coupled with the presence of global manufacturers of Pyridine such as Jubilant Life Sciences, Vertellus Specialties Incorporation and Red Sun Group in the region. Moreover, Europe and Latin America are likely to witness substantial increase in demand, owing to the rising interest of companies to uphold the growing market of pharmaceuticals and agrochemicals.

Top key Players:

  • Vertellus Specialties Incorporation
  • Jubilant Life Sciences
  • Lonza Group Limited
  • Bayer AG
  • Red Sun Group
  • Mitsubishi Chemicals
  • Resonance Specialties Limited
  • Shangdong Luba Chemical Corporation Limited
  • Weifang Sunwin Chemical Company Limited
  • Koei Chemical Company Limited
  • Hubei Sanonda
  • Chang Chun Petrochemicals Corporation Limited
  • Prochem Incorporation etc.

“Being linked to the Pharmaceuticals and Agrochemical industry, the global Pyridine industry has shown a robust growth alongside growing population and changing consumer preferences.  Due to its wide range applications as a solvent in chemicals and adhesives, sulfonating agent, reducing agent, as denaturant for antifreeze mixtures and as precursors to antibacterial drugs & agrochemicals, antiseptic in dental care products etc. are likely to impel its market in the forecast period. With new competitors emerging across the Asian Pyridine market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us        

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Mob: +91 8882805349

Email: [email protected]

Website: https://www.chemanalyst.com/


Webservices in PHP (How to create user registration/signup Webservice)

What is Webservices?

Webservices are used to allow users to access data from different sources like the Android app, IOS app, website etc from a centralized database.
We can create a web service through two methods :

  1. SOAP (Simple Object Access Protocol)
  2. REST (Representational State Transfer)

SOAP (Simple Object Access Protocol)
SOAP : Simple Object Access Protocol. SOAP is easy to read because SOAP based on XML. SOAP is the XML based format  for sending and receiving data.
REST (Representational State Transfer)
REST : Representational State Transfer. It is an architectural style that run over HTTP. REST webservices generate status code response in JSON & XML.
REST support all HTTP methods GET, POST, PUT & DELETE.
GET : Retrieve particular resources by an id
POST :  Create a new resource.
PUT : Update a  particular resource by an id.
DELETE : Remove a particular  resource.
Example of POST 
Step 1 : Create a database ( create database your_databasename)
Step 2 : create a SQL table signup. signup table structure given below :

Step 3 : Create a database connection file (config.php)

Step 4 : Create a requested url (http://localhost/ws/signup.php)
Signup.php

header(“Content-type:application/json”)  sends the http json header to the browser to inform him what the kind of a data he expects.
json_decode(file_get_contents(‘php://input’),true)  receive the RAW post data via the php://input IO stream.
We  retrieve the raw POST data from the php://input stream.
header(….) detect http response line.
header(“HTTP/1.1 200 OK”);  // for successful attempt
header(“HTTP/1.1 400 Bad Request”);  // for bad request
 header(‘Content-Type: text/plain’) indicates that the content is plain text and no special software is required to read the contents.
How to test this service in your local system

  1. Install postman chrome extension
  2.  Run postman chrome extension then a new request
  3. Choose http request method
  4. Enter the requested url
  5. Provide the requested data in JSON Format
  6.  Hit the send button

Input parameters will be like this
{
“fullName”: “John Doe”,
“gender”:”Male”,
“number”:”7556645345342″,
“email”:”[email protected]”,
“password”: “Demo”
}
Output will be in JSON format 
For successful attempt 
{“StatusCode”:”200″,”StatusDescription”:”Registration successful”}
For unsuccessful attempt 
Case 1
{“StatusCode”:”205″,”StatusDescription”:”Email id already exist. Please try with diffrent email.”}
Case 2
{“StatusCode”:”400″,”StatusDescription”:”Something went wrong. Please try again.}

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Plastic Recycling Market to Grow at a CAGR of 5.51% by 2030 | ChemAnalyst

According to the ChemAnalyst report, "Plastic Recycling Market Analysis: Plant Capacity, Location, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Distribution Channel, Regional Demand, 2015-2030", the Plastic Recycling market witnessed a demand of around 53.1 million tonnes globally in 2021, and is projected to grow with a CAGR of 5.51% until 2030 owing to its rising applications in key end-use sectors such as Packaging, Buildings & Construction, Textile, Automotive, Electrical & Electronics, & Others.

The plastic recycling market is expected to grow significantly in the next five to ten years, particularly in response to increased demand from regulators and consumers. By 2030, the expected global capacity will grow to 80 million tonnes. The recycling plastic market is highly fragmented, with many regional players operating. The number of unorganized companies in the market is comparatively very larger than established and registered companies.

The rise in urban population, rapid plastic waste generation, and growing concern about environmental pollution have shifted the focus more on plastic recycling rather than burning and using it as a fuel. In 2021, nearly a quarter of plastic was recycled, while the rest were discarded or incinerated. The method could assist in addressing the issue of plastic waste in the environment by recycling plastic trash back into raw materials that can be utilized to create plastic and other useful products. Chemical technologies are being developed which could transform plastics recycling and reduce the amount going to landfills—but these innovations alone are not enough to accelerate recycling rates.

First, plastic waste is gathered from our residences, places of business, and neighborhood recycling facilities. After that, they are delivered to MRFs or PRFs, which remove plastic from other materials or classify plastic according to kind. To differentiate between various types of plastics, these facilities employ sorting tools like optical sorters. The plastic is then taken to a recycling facility, where it is cleaned, crushed, and further sorted. A new batch of recycled plastic pellets is created by melting and extruding the plastic. For application in new products, these pellets are sold.

The increase in plastic recycling has ramped up the reduction level of CO2 atmospheric emissions around the globe. The continent is expected to generate significant demand for plastic recycling in the coming years. Also, the growing concern for environmental pollution from plastic disposal is expected to spur the need to recycle plastic waste, which eliminates the need to manufacture various plastic-based materials, containers, etc., from scratch, which saves a lot of energy.

Plastic Recycling spans many end-use markets. In the packaging industry, recycled plastics find a wide range of applications in food and non-food containers, personal care products, beverage bottles, film & sheets, household care products, and many others. Some of the significant recycled plastics used in packaging applications are polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), and polystyrene (PS).

Different types of plastics, such as Plastic containers, Plastic wraps & Packaging, Plastic Bottles & Caps, Foam Packaging, etc., are made into different items when recycled. Hard Plastics are recycled into different products, such as milk jugs, plastic lumber, picnic tables, plastic lawn furniture, plastic dustbins, and many more. Thins plastics forms plastic lumbers, having applications in making park benches, plastic furniture, and fences. Plastic Bottles are recycled to make many new items. Items like clothing (t-shirts, jackets, sweaters) for making insulated sleeping bags can be used for carpeting and making more plastic bottles. When recycled, plastic bottle caps get converted into car batteries, gardening equipment, storage containers, shopping bags, ropes, yarn, and more. Foam packaging converts to plastic picture frames, insulation, and new foam packaging.

Plastic packaging is the best choice for storing and transporting delicate things like electrical equipment, consumer goods, medical supplies, and chemical products due to its superior shock-absorbing qualities. Furthermore, the features of polyethylene terephthalate, polyethylene, and polystyrenes, such as superior moisture resistance and thermal insulation, aid in preserving perishable products like seafood and fruits and vegetables.

Manufacturers are forced to use recycled plastics for packaging due to consumer preferences for eco-friendly packaging and growing landfill problems. It is anticipated that this will increase regional demand for plastic recycling. Over the projected period, it is anticipated that the COVID-19 pandemic's influence on the packaging industry will remain moderate.

With a large population, Asia Pacific Region has the highest share of the world's plastic recycling demand., having a consumption of more than 55% in the region. China, Japan, Australia, & India are the leading markets in the region, and further growing development projects are driving the market in the Asia Pacific region. The Plastic Recycling market is expected to increase through 2030, fueled by the ongoing concerns of sustainability and to reduce environmental pollution and carbon footprint around the globe supported by government regulations. Europe & North America region holds the second & third largest share of Plastic Recycling in demand.

According to the ChemAnalyst report, "Plastic Recycling Market Analysis: Plant Capacity, Location, Production, Operating Efficiency, Demand & Supply, End-User Industries, Type, Distribution Channel, Regional Demand, 2015-2030", key players in the Plastic Recycling market globally include Masotina S.p.A, I.blu - Gruppo iren, Montello S.p.A., The Alba Group., GT Recycling, STF Group, Jayplas., Indorama Ventures Sustainable Solutions LLC, Viridor Polymer Recycling Limited, NPP "Polyplastic, Hubert Eing Kunststoffverwertung GmbH, Monoworld Recycling Ltd., Metro Plastic, Clean Tech U.K. Ltd, OOO "Fantastik Plastik," and Others.

"Plastic Recycling includes polymers such as PET, PE, PP, PVC, PS & others & are employed in various End-User industries. Hence, its wide range of applications is projected to fuel the Plastic Recycling market growth in the forecast period. Fast-growing industries such as Packaging, Buildings & Construction, Textile, Automotive, Electrical & Electronics, and others utilize the material in their various stages of the process. In addition to the benefits of using recycled plastics aids in lower energy consumption, factors like growing applications of recycled plastics are likely to fuel the demand for plastic recycling in the upcoming years. The market demand is anticipated to be fueled by rising government regulations and policies regulating the usage of single-use plastics in various nations, as well as the increase in investment in the development of new technology leading to improved energy efficiency over the forecast period and offering various openings for manufacturers to expand their existing capacities and fill the demand-supply gap in the future." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm promoting ChemAnalyst. 

About Us        

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Mob: +91 8882805349

Email: [email protected]

Website: https://www.chemanalyst.com/


Infrared LED Market Development Strategy, Trends and Forecast by 2019-2025

Market Analysis 

The global IR LED market is predicted to touch USD 2,288.88 million at a 16.10% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis. Infrared LEDs, simply put, are transmitters that radiate IR beams at a higher drawn-out wavelength compared to obvious light. Such gadgets include aluminium gallium arsenide or aluminium arsenide and possess around 1.4V working voltage. 

Various factors are propelling the global infrared LED market share. As per the current MRFR report, such factors include growing demand for integration of remote sensing and hyper spectral imaging in automotive, consumer electronics, and other allied industries, growing popularity of such devices among end users DIY security cameras, increasing security concerns, booming smartphone industry, and increasing construction of smart commercial complexes and smart homes. Besides, technological advances in infrared LEDs in consumer electronics, automotive, lighting, imaging, and defense, low cost and high security benefits, and lower power consumption are also adding market growth. 

On the contrary, low penetration of technology, declining cost of components, and the reduction in production capacity due to the shutting down of manufacturing plants and shortage of raw materials for the ongoing COVID-19 outbreak may impede the global infrared LED market growth over the forecast period. 

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Market Segmentation

The MRFR report provides an inclusive segmental analysis of the global infrared LED market based on end use, application, and spectral range. 

By spectral range, the global infrared LED market is segmented into 1020nm-1720nm, 940nm-1020nm, 850nm-940nm, and 700nm-850nm. Of these, the 700nm-850nm segment will lead the market over the forecast period for the increasing use of features like iris recognition and facial recognition in consumer electronics. 

By application, the global infrared LED market is segmented into surveillance, remote sensing, lighting, imaging, and biometrics. Of these, the surveillance segment will dominate the market over the forecast period for its increasing adoption in night vision cameras. Meanwhile, the imaging segment will grow at a high CAGR. 

By end use, the global infrared LED market is segmented into healthcare, education, e-commerce, consumer electronics, BFSI, automotive, aerospace and defense, and others. Of these, the automotive segment will have a major share in the market over the forecast period. Meanwhile, the healthcare segment will grow at a high CAGR for the increasing use of IR LEDs in neurology and dermatology devices. 

Regional Analysis

Based on region, the global infrared LED market report covers the recent trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. Rising investments by the government, easy accessibility of skilled technical expertise, and high concentration of optoelectronics market players are adding to the global infrared LED market growth in the region. 

The global infrared LED market in Europe is predicted to hold the second-largest share in the market over the forecast period. Rapid growth in the automotive industry is adding to the global infrared LED market growth in the region. Germany, France, and the UK have maximum share in the market, 

The global infrared LED market in the APAC region is predicted to grow at a fast pace while that in the RoW is predicted to have sound growth over the forecast period. 

Key Players

Key players in the infrared LED market report include Lumileds (US), Würth Elektronik GmbH & Co. KG (Germany), Marktech Optoelectronics (US), Luna Optoelectronics (US), Nichia Corporation (Japan), Lite-On Technology, Inc. (Taiwan), Lextar Electronics Corporation (Taiwan), OSRAM GmbH (Germany), Kingbright (Taiwan), High Power Lighting Corporation (Japan), Excelitas Technologies Corporation (US), Everlight Electronics Co. Ltd (Taiwan), Epistar Corporation (Taiwan), and Epileds Technologies (Taiwan). 

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com


IPS Display Market Strategic Assessment, Research, Size by 2025

According to Market Research Future (MRFR), the global IPS displays market is estimated to reach USD 74.87 billion, with a CAGR of 6.40% from 2019 to 2025 (forecast period). The report describes the strengths, opportunities, threats, and emerging market risks and offers a comprehensive overview of the global business environment with the effect of COVID-19.

IPS is a type of LED display panel technology that is part of the LCD panel technology. Professionals typically use the IPS panel displays due to their high cost and various advantages provided by the IPS panel; for example, they provide wider viewing angles to the user, provide a quicker response, and provide better color/contrast compared to the various vertical alignment (VA) and nematic twisted (TN) panels. These panels have been designed to address the limitations of the TN panel. One of the key benefits of IPS panels is that the colors on the IPS monitor do not change when viewed from a different angle compared to the TN panels. Technological advancements have made it possible for manufacturers to design these display panels in such a way that they can embrace professional color space technologies; this is a crucial factor driving the demand across the globe.

Market Dynamics

Increasing disposable income around the globe is one of the key factors driving the market growth. In addition, professionals such as CAD engineers, pro photographers, graphic designers, and video editors benefit from IPS displays market due to their improved contrast, speed, and resolution. These displays are used in mid-range to high-range smartphones due to their high production costs. Apple Inc. also uses these displays in their smartphones because of its advantages over the TN panels.

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Market Segmentation

The global market for IPS displays has been segmented based on type and application.

Based on type, the global market for IPS displays has been segmented into AH-IPS, e-IPS, and others.

Based on application, the global market for IPS displays has been segmented into smartphone & tablet, TVs, PCs, and others.

Regional Analysis

By region, the global market for IPS displays has been segmented into North America, Europe, Asia Pacific, and the rest of the world.

Asia Pacific captured the largest market share in 2018 due to the existence of various manufacturing companies providing IPS display panels of varying sizes depending on their applications. Growing urbanization and rising disposable income among users in the region are key factors driving the demand for IPS displays. Moreover, the growing population and demand for smartphones and tablets are also boosting the growth of the industry—companies like AU Optronics, Acer Inc. Lenovo Group Limited, WINSTAR Display Co., Ltd, and LG Display are some of the leading manufacturers in the region who are steadily investing in the development of new technologies linked to IPS display panels. China held the largest share of the region in 2018 due to the growing population and rising demand for better picture and color quality, which is considered the driving force behind the growth of the market. However, during the forecast period, India is expected to be the fastest-growing country-level market due to evolving consumer preferences based on color and resolution.

Key Players

MRFR recognizes the key participants in the Global IPS Displays Market as AU Optronics (Taiwan), Acer Inc. (Taiwan), Lenovo Group Limited (China), WINSTAR Display Co., Ltd. (Taiwan), Panasonic Corporation (Japan), LG Display (South Korea), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Japan Display (Japan), AsusTek Computer Inc. (Taiwan), Dell (US), among others.

Prominent players continue to innovate and invest in research and development in order to deliver a cost-effective product portfolio. Recent mergers and acquisitions between market players have taken place, a strategy that business companies use to improve their access to customers.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com


Electronic Packaging Market Technological Advancement, Top Key Players

Electronics packaging includes the packaging of the assortment of integrated circuits and other microcomponents in a single enclosure. Design and manufacturing activities for fabrication of components and devices in the consumer electronics industry has warranted its need for its protection. The global electronic packaging market report by Market Research Future (MRFR) comprises drivers, challenges, trends, and opportunities for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its impact on the industry are highlighted in the report.

Market Scope

The global electronic packaging market is estimated to reach USD 2254.49 million by 2025, registering a CAGR of 16.10% during the forecast period. Huge demand for consumer electronics can be the primary driver of the market. The penetration of smart devices has induced the need for electronic packaging of integrated circuits and wafers of nano sizes to cater to a large consumer base. The advances in internet of things (IoT) and wireless devices can facilitate market growth over the forecast period.

Integration of product functions or features into a single package can influence the market to a great extent. This is exemplified by the constant updates on smartphones which enhance its features significantly. Furthermore, updates in network communication technologies such as 5G pave open the path for more opportunities. Rise in autonomous vehicles can be a significant trendsetter for the industry in the coming years.

But the change in materials and modeling of next-generation consumer electronic devices can pose a challenge to the market growth.

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Segmentation

The global electronic packaging market has been segmented by material, packaging technology, and end-user.

By material, the market has been segmented into glass, plastic, metal, and others.

By packaging technology, the market has been segmented into chip-scale packages (CSP), through-hole mounting, and surface surface-mount technology (SMD).

By end user, the market has been segmented into telecommunication, consumer electronics, aerospace & defense, automotive, and others.

Regional Analysis

By region, the market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

According to MRFR analysis, APAC dominated the market in 2018 and is expected to continue during the forecast period due to the rising demand for consumer electronics across the region. Moreover, the presence of various electronic packaging companies such as Samsung Electronics Corporation Ltd and Taiwan Semiconductor Manufacturing Co. Ltd offering material and technology can further propel the growth of the market in the region. The growing population and increasing disposable income levels of citizens in the region can influence demand for electronic packaging. Additionally, a key market driver for the region is its dominance in the production of semiconductor devices globally. Major players in the semiconductor packaging market have manufacturing facilities in the region which accelerated the production and commoditization process. China led in the region followed by India. Furthermore, government-backed initiatives and investments for promoting the cutting-edge technology and developing semiconductor packaging solutions further help to drive the market.

North America can occupy a significant market share owing to the proliferation of new communication technologies and large defense expenditure of prominent nations such as the U.S. and Canada. The use of drones, guided missiles, and satellites contain integrate circuits which beckon the use of electronics packaging. The ability to withstand harsh environments can drive its demand in the region.

Competitive Outlook

Major electronic packaging companies profiled are Sealed Air Corporation, DuPont de Nemours, Inc., Quality Foam Packaging Inc., UFP Technologies, Inc., Dordan Manufacturing Company, Kiva Container Corporation, STMicroelectronics NV, Primex Design & Fabrication, Plastiform Inc., The Box Co-Op, GY Packaging, Intel Corporation, AMETEK Inc., Samsung Electronics Corporation Ltd, AMS AG, Taiwan Semiconductor Manufacturing Co. Ltd., and Xilinx Inc.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com


Automation Control Components and Devices Market Revenue, Development Strategy

Market Analysis

The global automation control components and devices market is predicted to touch USD 87.75 billion at a 10.8% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis. The automation and control components and devices systems, simply put, are used for controlling, monitoring, and performing different industrial issues and automating processes with reliability, high precision, and better product quality. Connectors, couplers/relays, switches, among others, are the different types of automation control components and devices that are widely used in government, aerospace, and aviation, military defense, mining and metals, electronics and semiconductor, oil and gas, energy and power, automotive, and manufacturing.

Various factors are propelling the global automation control components and devices industry share. As per the current MRFR report, such factors include the growing need to use better technology equipment for better results, products made with automation offer better quality, decreased operational cost, increase profit margin of products on a larger scale, and increasing adoption by organizations from different industries due to rising focus to attain energy efficiency in the manufacturing process. 

On the contrary, the current COVID-19 impact may limit the global automation control components and devices market growth over the forecast period. 

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Market Segmentation

The MRFR provides an inclusive segmental analysis of the global automation control components and devices market based on applications & type. 

By type, the global automation control components and devices market is segmented into connectors (active optical connector, FPC/FFC connector, high current stacking connector, board to board narrow pitch connector, board to FPC narrow pitch connector, and automotive connector), couplers/relays (automotive relays, interface terminals, safety relays, signal relays, power relays, control panel relays, solid-state relays, and photo IC couplers), switches (light-touch switches, limit switches, seal type switches, snap switches, push switches, fall detection switches, and interlock switches), and others (PIR motion sensors, force-sensing capacitive device, and encoders/potentiometers). 

By application, the global automation control components and devices market is segmented into government, aerospace and aviation, military defense, mining and metals, electronics and semiconductor, oil and gas, energy and power, automotive, and manufacturing.

Regional Analysis

Based on region, the global automation control components and devices market report covers the recent trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. Increasing adoption of digital technologies to reduce the cost of production, the presence of major manufacturers in the region such as Omron & Panasonic, and increasing use of automation components especially in the metal & mining and oil & gas industry are adding to the global automation control components and devices market growth in the region. Such factors have impacted the manufacturers' manufacturing capacity profoundly in the region that is impacting the market growth. 

The global automation control components and devices market in Europe is predicted to hold the second-largest share over the forecast period. Growing demand for automation control components and devices in the manufacturing and automotive industry and top manufacturers laying emphasis on collaborations and mergers with other industry players to launch advanced automated products in the near future are vital factors which are adding to the global automation control components and devices market growth in the region. 

The global automation control components and devices market in the APAC region is predicted to grow at a high CAGR, and that in the RoW is predicted to have sound growth over the forecast period. 

Key Players

Industry players profiled in the automation control components and devices market report include Siemens AG, Rockwell Automation, Honeywell International Inc., Encoder Products Company Inc, Baumer Ltd, Delta Electronics, LUTZE Group, ABB Limited, Phoenix Contact, Control Components Inc, Schneider Electric SE, Panasonic Corporation, and Omron Corporation, among others. 

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com



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