Monday, December 18, 2017

Evolution in cards and payment industry infrastructure in Indonesia along with regulations encourages cashless payment options: Ken Research

The debit card transaction at ATM for cash withdraw is higher compared to the transactions at the merchant POS terminals.
The leading players in Indonesia’s debit cards market are Bank Rakyat Indonesia, Bank Central Asia, Bank Negara Indonesia and Bank Mandiri. the leading players in Indonesia’s credit cards market are Bank Rakyat Indonesia, Bank Central Asia, Bank Negara Indonesia, Bank Mandiri, HSBC and Citibank.
The frequency of credit card use has slowly increased in the recent years.
Majority of the rural population in Indonesia prefer cash over cards due to negligible awareness in electronic payments. Many of them do not hold a bank account and very few have limited access to banking infrastructure. Indonesian government and banks have taken initiatives to bring the unbanked population into the formal banking system and introducing payment cards which were readily accepted. Pay-later card or credit card market in Indonesia is still in the budding phase with very less penetration rate.  Consumers’ annual income plays a major role for credit card eligibility and it is one of the major reasons for the low penetration.
The cards and payment market in Indonesia include all debit cards, credit cards and charge cards. The payment instruments are cash, cheques, and payment cards. The banks adopted various strategies to market debit, credit and charge cards within the country. Credit transfers and cards are the traditional payment methods in Indonesia and consumers prefer such mode of e-commerce payments along with alternative payments such as digital and mobile wallets. The leading banks in Indonesia’s cards and payment sector are Bank Rakyat Indonesia, Bank Negara Indonesia, Bank Central Asia, Bank Mandiri, Bank Danamon, CIMB Niaga, Bank Mega, Visa, Mastercard, American Express, and JCB.
According to the study “The Cards and Payments Industry in Indonesia: Emerging trends and opportunities to 2021”, the ever increasing Indonesia’s population has encouraged the use of payment cards for their spending over the recent years. The increase in Indonesia’s GDP per capita is expected to increase the scope of payment cards use over the coming years. Indonesia’s e-commerce growth is affected by the growing young population, the increasing online retailers, various payment methods, and rising customer confidence in e-commerce transactions.
Indonesian consumers are adopting contactless payments and Visa has launched its contactless service Visa payWave. This payment service enables Visa card holders to make contactless transactions without a PIN for transactions. Bank CIMB Niaga, Bank Tabungan Pensiunan Negara, UOB Indonesia, and Bank Mandiri adopted Visa payWave technology for their consumers card payments. Indonesia’s central bank is Bank Indonesia that provides security of payment systems to build customer confidence in payment cards. It has also made it a mandated to adopt six-digit PINs for debit and ATM cards, instead of four-digit PINs.
Indonesia’s demographic and economic development over the recent years has exhibited a potential rapid shift from cash based payments to alternative payments and also through mobile payments. Indonesians are price conscious and are easily attracted by any promotions and discounted products. Promotions and discounts are used as marketing tools to promote credit cards. The increasing consumers spending limit is a major factor affecting the payment options. The overall card payment adoption rate is promising in Indonesia and mobile payment systems has become the most widely available option with the launch of Go-Pay, T-Cash, and the e-wallet services. The future of cards and payments industry in Indonesia is very healthy and will continue growing because many consumers are utilizing financial cards as their payment options. Also the cards and payment industry infrastructures are developed throughout Indonesia and new regulations are encouraging the cashless payment options.
Key Topics Covered in the Report:
Indonesia Bill Payment Market Research
Indonesia Money Remittance Industry
Alternative Payment Methods in Indonesia
Indonesia Cards and Payments Industry Trends
Consumer Payment Industry Indonesia
Indonesia Credit Card Industry Analysis
Indonesia Plastic Money Market
Indonesia Credit Cards Market Research
Indonesia Cards and Payments Market Research Report
M-Commerce Market Indonesia
Ecommerce Payment Industry Indonesia
Indonesia Payment Industry
Wallet Payment Market Indonesia
Plastic Card Money Indonesia
P2P Payments Indonesia
Online Payment Channels Indonesia
Debit Cards Market Indonesia
Credit Card Demand in Indonesia
Credit Card Demand Future Outlook Indonesia
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Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Friday, December 15, 2017

UK PVC Pipes and Fittings Market will be led by Increasing Focus on Recycling and Reuse of Ageing Pipes Coupled with Growing Interest in Rainwater Harvesting Systems: Ken Research

UK PVC pipes and fittings market size, market segmentations by type of PVC pipes (chlorinated PVC pipe, regular PVC pipe, plasticized PVC pipe and fittings), by application (plumbing, sewerage, water infrastructure, industrial sector, gas supply, cable protection and others), by market structure (organized and unorganized market) and by sales (domestic sales and exports). The report also covers market in different aspects such as decision making parameters to choose a manufacturer, trends and developments, issues and challenges, Porter’s Five Force analysis, regulatory scenario, market share of major PVC pipe and fittings manufacturers, recent industry activities and opportunities, company profiles of major PVC pipe manufacturers (Wavin N.V., Rehau Ltd, Baltimore Aircoil Company, Premier Tech Aqua, Aerzener Maschinenfabrik GmbH, WILO SE, Endress Hauser) in PVC pipe and fittings market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
A steady shift towards PVC pipes and fittings due to costs, ease of installation and a growing product range have aided overall market growth.
PVC pipe and fittings market in UK has been driven by unpredictable rainfall patterns and climate change which has resulted in growth in demand for high capacity gutter systems.
PVC pipes in UK has achieved good growth rate in last five years and the market is expected to grow at a better pace in coming years during 2018-2022. UK PVC pipe and fittings market is set to show promising growth over the next five years on account of improving levels of construction in the commercial and housing sectors and falling raw material prices. PVC pipes continue to dominate the above ground rainwater guttering, soil and waste pipe work sectors in the country. The country has witnessed high volume of imports majorly from European nations and other developed countries which will further aid the overall market growth in upcoming years.
Increasing pressure to preserve resources and growing public concerns about the cost of water usage have also led to a growing interest in rainwater harvesting systems. These systems are increasingly gaining prominence in the country owing to an increased interest in general water management, supported by the heavy rainfall and more volatile weather patterns over the last four years, across the UK. The future outlook of PVC pipes and fittings is expected to be positive owing to growth of new construction levels and increasing RMI expenditures. Private housing projects are expected to experience steady growth in the medium to longer term, while the private commercial sector is likely to drive new build demand in the non-domestic market.
PVC Production in UK, PVC Resin Consumption in UK, Polymer Production in UK and Number of Residential Units are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, UK PVC Pipe and Fittings Market by type of pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings), by application (Plumbing, Sewerage, Water Infrastructure, Industrial Sector, Gas Supply, Cable Protection and Others) - Outlook to 2022, suggests that demand for PVC pipes in the market will grow at a positive growth rate majorly owing to increasing imports coupled with improved water supply infrastructure.
Key Topics Covered in the Report:
UK PVC Pipe Market Research Report
UK PVC Pipes and Fittings Market Size
UK PVC Pipe demand in 2017
Competition UK PVC Pipe Industry
Market Share of Major Players in UK PVC Pipe
Future Outlook for UK PVC Pipe and Fittings
Production Capacity UK PVC pipe industry
Import and Export Scenario of PVC in UK
Wavin N.V. market share UK PVC pipe Industry
Aerzener Maschinenfabrik GmbH Production Capacity
UK PVC Pipe future growth expected
CPVC pipe and fitting industry UK
RPVC pipes and fittings market research report
Major Plastic Pipe Associations in UK
Performance Pipe demand UK PVC pipe
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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UK PVC Pipe and Fittings Market Witnessed Growth Owing to Improving Level of Construction Activities in the Country Coupled With Falling Raw Material Prices: Ken Research

Technology development, improved reliability supported by availability of a wider range of products and price were the key factors driving growth in UK PVC Pipe and Fittings Market.
The report titled “UK PVC Pipe and Fittings Market by type of pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings), by application (Plumbing, Sewerage, Water Infrastructure, Industrial Sector, Gas Supply, Cable Protection and Others) - Outlook to 2022” by Ken Research suggested that extensive use of PVC pipes in plumbing and water applications will result in market growth at a positive CAGR in revenues in UK PVC pipes and fittings market in next 5 years till 2022.
PVC pipes in UK are mainly used in residential and commercial sectors for major applications including plumbing and pipes for rainwater, soil and waste, drinking/potable water, gas supply and others. It has been observed that UK has steadily shifted towards PVC pipes and fittings due to less installation and maintenance costs, ease of installation, high durability and reliability. The companies have been exerting greater focus on sustainability throughout the production and distribution chain, particularly focusing on recycling and the use of recycled materials. Additionally, unpredictable rainfall patterns and changing climatic conditions in UK have increased demand for high capacity gutter systems in the country.
PVC pipes and fittings market has additional opportunities in varied sectors including budget and luxury hotels, care homes and student accommodation. The education sector has vast opportunities in PVC pipe and fittings market where around 70% of washroom installations in the country are over 20 years old and many heating systems are aged. PVC pipes have been witnessing major innovations with the introduction of PVC-O, PVC-M pipes which has aided the overall market growth of UK PVC pipes and fittings market.
Key Topics Covered in the Report:
UK PVC Pipe Market Research Report
UK PVC Pipes and Fittings Market Size
UK PVC Pipe demand in 2017
Competition UK PVC Pipe Industry
Market Share of Major Players in UK PVC Pipe
Future Outlook for UK PVC Pipe and Fittings
Production Capacity UK PVC pipe industry
Import and Export Scenario of PVC in UK
Wavin N.V. market share UK PVC pipe Industry
Aerzener Maschinenfabrik GmbH Production Capacity
UK PVC Pipe future growth expected
CPVC pipe and fitting industry UK
RPVC pipes and fittings market research report
Major Plastic Pipe Associations in UK
Performance Pipe demand UK PVC pipe
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Thursday, December 14, 2017

India Polymer Additives Market Outlook to 2022: Ken Research

The report titled "India Polymer Additives Market by Type (Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers), by Application (PVC, Polyolefin and Other) - Outlook to 2022" provides a comprehensive analysis of Stabilizers, Plasticizers, Antioxidants, Flame Retardants and Modifiers additives market in India. The report covers market size of polymer additives on the basis of revenue and consumption, segmentation on the basis of type of polymer additive and application. For antioxidant additive market, it covers market size, segmentation on the basis of type of antioxidants, by application, by market structure, by import and domestic production, market share of major players and future outlook and projections.
For stabilizers additive market, the report covers market size, market segmentation on the basis of type of stabilizers, by application, by market structure, by market source, market share of major players and future outlook and projections. For plasticizers market, the report covers market size, market segmentation on the basis of type of plasticizer, by application, by market structure, by market source, market share of major players and future outlook and projections. The report also provides Flame Retardants market size, market segmentation by type of flame retardants and future outlook and projections. For modifiers market, it covers market size, market segmentation by type of modifiers and future outlook and projections. The report also covers government regulations affecting the market, entry barriers, and competitive landscape and company profiles of major players in the polymer additives market in India. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
The report facilitate the readers with the identification and in-depth analysis of the existing and future trends, issues and challenges prevalent in the industry and anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for polymer additive manufacturers, traders, importers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Industry Overview
The polymer additives market in India has seen a steady and consistent growth in the past few years. During 2012-2017, the polymer additives market has showcased a remarkable growth at a CAGR of ~%. The rise in consumption of polymer products and strengthening of the manufacturing sector in India has been the key drivers of this growth. The market in India is largely organized and consists of global leaders of the industry and indigenous producers that have been major players in the market from a long time.
Market Segmentation of India Polymer Additives Market
Plasticizers dominated the Indian market contributing around ~% (by Volume) of the total consumption of polymers additives in FY'2017 and ~% share of the market revenue. Stabilizers are the second most consumed polymer additive in the market with around ~% of the total consumption volume and ~% share of the total revenue of the market in FY'2017. Antioxidants, Modifiers and Flame retardants are consumed in lesser quantities and have a revenue share of ~%, ~% and ~% respectively in FY'2017.
Plasticizers Additives Market
Plasticizers contributed a total revenue of INR ~ million i.e. ~% of the total additives market, while the consumption was ~ tonnes which stands at ~% of the total consumption. The market is largely dominated by KLJ Group, Payal Group and Amines Plasticizers along with some other international players. Primary plasticizers especially phthalate based dominate the plasticizers market. Of the total consumption of plasticizers ~% is of primary plasticizers, ~% is of chlorinated plasticizers while the rest ~% is of epoxy plasticizers. The major applications for plasticizers are construction, flooring, carpets and medical equipments. Approx. ~% of the total plasticizers used in India is domestically produced and ~% is imported, mainly from China.
Stabilizers Additives Market
Their total consumption of Stabilizers Additives is about ~ tonnes which contributed ~% of the total additive consumption in FY'2017. The total revenue share of stabilizers in the Indian polymer additive market in FY'2017 is ~% which amounts to INR ~ million. Lead based stabilizers are the most popular in the market because of their wide applications and cheaper cost. They constitute ~% of the total stabilizers market. The current consumption of calcium based stabilizers is around ~% of the total stabilizer consumption in India. Around ~% of stabilizer market is organized and the rest ~% is unorganized. The major players dealing in the stabilizers market are Baerlocher India, Adeka India, and Suvarana Additives. In FY'2017, ~% of the total revenue of the stabilizers market came from the wires and cables industry, followed by engineering plastic which constitutes ~% and white goods industry constituting ~% of the total revenue of the stabilizers market in India.
Antioxidants Additives Market
The consumption of antioxidants in India is ~% of the total consumption of the additives market and they contributed around ~% of the total revenue of the additives market in India which amounted to INR ~ million. Antioxidants based on Phosphite are the most commonly used in the Indian market. The players that dominated the market in FY'2017 included BASF, HPL Additives and Adeka India. Engineering plastic, automotive, water treatment and corrosion inhibitors are the major applications for polymers made by adding antioxidants. Around ~% of the market is organized with ~% domestic production and the rest ~% is imported.
Flame Retardant Additives Market
The total consumption of flame retardants is ~tonnes which constituted around ~% of the total polymer additives market in India in FY'2017. In the same year, the revenue share was INR ~ million which is ~% of the total revenue of the additives market. Flame retardants have their application majorly in the construction industry. The companies dealing in flame retardants in India are largely organized with imports dominating the market. Major types include retardants based on Halogens, Phosphite, Antimony Oxide and ATH out of which ATH is the most prominently used in India. Standards have been issued by the BIS limiting the use of halogenated flame retardants, especially bromine based.
Modifiers Additives Market
In FY'2017, modifiers constituted around of the polymer additives market revenue in India. The consumption was around ~ tonnes in FY'2017. In the same year the consumption of impact modifiers was around ~% of the total consumption of the modifiers market and that of processing aids was the rest ~%.
Competitive Landscape
The market largely consists of organized players with some mature indigenous companies and some MNCs which are leaders of the industry on the global level. Companies such as BASF, Baerlocher, Adeka Corporation deal in a wide range of additives in the Indian market and the Indian companies including HPL additives, KLJ Group, Payal Group have specialty in manufacturing a certain type of additive and do not manufacture or trade the entire spectrum of polymer additives. There are a large number of unorganized players in the market that majorly deal in importing and trading of polymer additives. Companies majorly compete on the basis of price and quality of the additive.
Future Potential of India Polymer Additives Market
The strong local market that India possesses is expected to catapult the growth in the industrial sector. As a result the total revenue of the polymer additive industry in India has been anticipated to grow from INR ~million to INR ~million between FY'2018 to FY'2022 with a CAGR of ~%. Government initiatives such as “Make in India” are expected to boost the manufacturing sector in India tremendously which will further support the growth in the domestic production of polymer additives. Rapidly changing technology and product innovation along with compliance to environmental and health norms will demand for newer additives to be developed as per the requirement of the application.
Key Topics Covered in the Report:
India Polymer Additives Market Overview and Genesis
Value Chain Analysis in India Polymer Additives Market
India Polymer Additives Market Size
India Polymer Additives Market Segmentation
India Antioxidants Market-
India Stabilizers Market
India Plasticizers Market
India Flame Retardants Market
India Modifiers Market
Decision Making Parameters before Buying Polymer Additives in India
Government Regulations in India Polymer Additives Market
Trends and Developments in India Polymer Additives Market
Issues and Challenges in India Polymer Additives Market
Porter Five Forces Analysis in India Polymer Additives Market
Entry Barriers in India Polymer Additives Market
Competitive Landscape of Major Players in India Polymer Additives Market
India Polymer Additives Market future Outlook and Projections
Macroeconomic Factors in India Polymer Additives Market
For more information on the market research report please refer to the below link:
Related Reports
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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