3 Key Insights on the US$ 15 Billion Opportunity in the Global Adult Incontinence Products Market: Ken Research

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Driven by the growing number of diseases, and surging awareness regarding self-medication. The Global Adult Incontinence Products Market is forecasted at approximately US$ 15 Bn by 2028 says Ken Research Study.

Incontinence is a term that is used for any accidental or involuntary loss of urine from the bladder. The health incontinence condition starts when a bladder becomes incapable of storing a supposed amount of urine or when bladder muscles are unable to control the discharge of urine. Incontinence in adults can occur in both men and women with aging being one of the major issues of occurrence.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Growing Urine Bladder Related Diseases Worldwide, is a Driving Factor for This Market.

According to Ken Research Analysis, the Global Adult Incontinence Products Market was valued at US$ 7 billion in 2017, it is estimated to be ~US$ 10 billion in 2022 and is forecasted to reach a market size of ~US$ 15 billion opportunity by 2028.

Overactive bladder syndrome is also defined as a urinary emergency. According to Lifree, a leading adult incontinence product manufacturer, ~21% of incontinence cases are caused because of urine diseases. Urinary tract infections (UTI) are one of the major causes of urine incontinence in females. Bladder infection is another reason for urine incontinence since it leads to an infection of the urine and causes inflammation. Furthermore, adults who suffer from overflow incontinence are unable to empty the bladder from themselves and require assistance.

Increasing urine-related diseases, and growing awareness among adults are going to drive the adult incontinence market in the forecast period.

2. Increasing Geriatric Population, is Likely to Fuel the Adult Incontinence Products Market Growth.

According to The American Geriatric Society, ~30% of the 65-plus patient population will need to be cared for by a geriatrician, and each geriatrician can care for a patient panel of 700 older adults. ~30,000 geriatricians will be needed by 2030 to care for about 21 million older Americans.

As per the USA Department of Economics and Social Affairs, World Population Ageing 2017 publication, stated that the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980, when there were 382 million older persons worldwide. The number of older people is expected to double again by 2050 when it is projected to reach nearly 2.1 billion.

The rise in the geriatric population requires serious medical conditions with self-care products like diapers, pads, pants, and others. A rise in the aging population also leads to an increase in urine-related diseases worldwide, which is escalating the demand for adult incontinence products.

3. Less Awareness of Incontinence Products among the Rural Population, is Likely to Restrain the Adult Incontinence Products Market.

Countries like India and China, with higher populations, residing in rural areas, intend to face higher adult incontinence issues. Having said that, the population residing in rural areas is less aware of the diseases and their effects, which is likely to impact the growth of the adult incontinence product market.

 

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Furthermore, the government’s active participation to aware people of urine and related diseases is required to improve the conditions in rural areas.

Key Topics Covered in the Report: -

Snapshot of the Global Adult Incontinence Products Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Adult Incontinence Products Market

Historic Growth of the Overall Global Adult Incontinence Products Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Adult Incontinence Products Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Adult Incontinence Products Market

Future Market Forecast and Growth Rates of the Total Global Adult Incontinence Products Market and by Segments

Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts

Analysis of the Global Adult Incontinence Products Market

Major Production/Supply and Consumption/Demand Hubs in Each Major Region

Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

Kimberly-Clark

First Quality Enterprises, Inc.

Medline Industries

Ontex BV

Unicharm Corporation

Hengan International Group Company Ltd.

NorthShore Care Supply

DSG International

Attends Healthcare Products, Inc.

Drylock Technologies

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Notable Emerging Companies Mentioned in the Report

Fujian Hanhe Sanitary Products Co., Ltd.

Vivia International Private Limited

Quanzhou Jiayue Sanitary Articles Co., Ltd

Quanzhou Xili Hygiene Materials Co., Ltd

Bellibox

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Adult Incontinence Products Manufacturing Companies

Adult Incontinence Products Sales Channels

Adult Incontinence Products Material Suppliers

Potential Investors in Adult Incontinence Products Companies

Adult Diapers Manufacturers

Adult Diapers Suppliers

Raw Material Suppliers for Incontinence Products

Consulting Companies in the Personal Healthcare Market

Government and Research Organizations Working in the Personal Healthcare Industries

Investment Banks Targeting the Personal Healthcare Industry

Government Ministries and Departments of Healthcare

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022-2028F

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Global Adult Incontinence Products Market

3 Key Insights on Competitive Landscape in Global Medical Plastics Market: Ken Research

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Country-Niche Players and Regional Players constitute ~50% and ~45% of market presence respectively Despite the Presence of about ~300 Competitors, find a Recent Market Study on Global Medical Plastics Market.

Plastics made specifically for use in medical products are referred to as medical-grade plastics. Additionally, it is employed in the production of in vitro diagnostic devices and pharmaceutical packaging, which protects and contains medications to prevent tampering. Medical plastics are steadily replacing other materials used in the healthcare industry such as glass, ceramics, and metals. It becomes extremely essential for the manufacturers to meet the required standards and regulations along with maintaining the varying characteristics and properties of the medical-grade polymers.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Large Global Players Hold Around 45% of the Market Share Followed by Regional Players Holding ~30% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Medical Plastics Market is competitive with ~300 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Large Global Players held the dominant position in the market in 2021, in terms of the market share with about ~45% followed by regional players which account for ~30% of the market share. The global manufacturers of medical-grade plastics highly focus on product enhancement and the inclusion of new manufacturing technologies to increase the productivity and efficiency of products. During the COVID-19 pandemic, the medical plastic manufacturers had to improve their operational capacity and thus were also involved in the betterment of their distribution network by teaming up with local material suppliers.

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Players are Increasingly Investing in the Medical Plastics which is Promoting the Market Growth.

To expand their regional footprint and improve their product offering, these top players are adopting mergers and acquisitions, new product development, and expansion to address the rising demand for Medical Plastics in emerging economies.

Not just key players but also emerging players are expanding in the Medical Plastics industry and are also investing in strategies like collaborations and technological development to compete in the industry.

• In November 2020, GW Plstics Inc., declared its merger with Nolato Group. With considerable volumes and resources, mostly in the Medical Solutions business sector, GW Plastics, now known as Nolato GW, gives Nolato a strong foothold on the North American continent.
• In November 2021, Arkema unveiled a brand-new sophisticated bio-circular medical polymer for the production of surgical instruments and plastics for medical devices. These bio-based, recyclable polymers are manufactured using Arkema's patented amino 11 chemistry from castor bean oil, a sustainable resource.

Increased Adoption of Medical Plastics in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

• In August 2019, Kohlberg & Co. LLC declared the acquisition of Bemis Healthcare Packaging Europe from Amcor's Flexible Packaging business. Furthermore, it will be merged with Nelipak Corp. The acquisition summed up to US$ 394 million for the three plants that offer flexible packaging to healthcare OEMs.
• In January 2020, Covestro AG, for use in drug delivery and surgical instruments for patients and medical personnel, introduced two types of polycarbonates of a medical grade. The products include Makrolon M402 LF, Makrolon M204 LF, and Makrolon M404 LF, which lower coefficients of friction and provide dimensional and mechanical qualities without the need for additional lubricants.
• In April 2022, according to Solvay’s sustainability effort that it started with Mitsubishi Chemical Advanced Materials, the company’s medical equipment built with Udel high-performance polysulfone (PSU) thermoplastic will be recycled when it has served its purpose (MCAM). To develop a strong recycling strategy that would provide customers with materials that fully comply with all standards, the project is anticipated to combine MCAM's expertise in washing and mechanically purifying the material with Solvay's capacity to assess the chemistry of the end-of-life polymer.

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Key Topics Covered in the Report: -

Snapshot of the Global Medical Plastics Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Medical Plastics Market

Historic Growth of the Overall Global Medical Plastics Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Medical Plastics Market

Overview, Product Offerings, and SWOT Analysis of Key Competitors

COVID-19 Impact on the Overall Global Medical Plastics Market

Future Market Forecast and Growth Rates of the Total Global Medical Plastics Market and by Segments

Market Size of Product / Application Segments with Historical CAGR and Future Forecasts

Analysis of the Medical Plastics Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

Evonik Industries AG

Solvay S.A.

Dow

Eastman Chemical Company

Röchling Group

DuPont de Nemours Inc.

BASF SE

Celanese Corporation

Mitsubishi Chemical Corporation

Nolato AB

Saint-Gobain Performance Plastics

Notable Emerging Companies Mentioned in the Report

Minnesota Rubber & Plastics

Advantech Plastics, LLC

Industrial Plastic Supply, Inc.

Somerset Plastics Co., Inc.

Total Plastics, Inc.

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Medical Machine and Equipment Manufacturers

Plastics Manufacturers

Laboratory Equipment Dealers

Healthcare Products Manufacturers

Medical Device Packaging Manufacturers

Plastics Chemical Manufacturers

Organic Polymers Manufacturers

Implant Packaging Manufacturers

Medical Soft Goods Manufacturers

BioPharm Devices Manufacturers

Government Healthcare Departments

Environmental Protection Regulators

Chemical Products Suppliers

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Medical Plastics Market Analysis

Thailand Lubricants Market | Trends, Share, Size, Analysis, Revenue & Forecast: Ken Research

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Advancing Technologies, Investment Incentives and Government Initiatives driving the Lubricant Market in Thailand: Ken Research

New Entrants in Thailand Lubricant industry have an opportunity to increase their sales by tying up with the industries in the untapped manufacturing clusters. Growing e-commerce industry in the Thailand is also expected to incentivize the market revenues.

Impact of boost in the sales of Automobiles: The boost in the sales of automobiles in the country has significantly led to an increase in the consumption of automotive lubricants over industrial lubricants. The increased sales were also supported by the continuous improvement in the refining process of the existing players and the upgradation of refineries by the lubricants giants operating in the country. The industrial sector in Thailand has been growing over the recent past. This has led to the installation of more machinery and equipment required by the market players operating in construction, manufacturing, agriculture, mining, iron and steel, electricity and healthcare sector.

Manufacturing Sector: Thailand's manufacturing sector, specifically, grew significantly by double digit CAGR as exports reached pre-pandemic levels accounting for significant percent of the country's total production. Increasing number of machineries installed in the manufacturing plants has increased the demand for lubricants in the country.

Fake Lubricants: The prevalence of counterfeit lubricants is also prevalent in Thailand as in other ASEAN countries, both domestic as well as export market.

This significantly affects the participation of players who can provide quality lubricant to end users in Lubricants Market in Thailand.

Impact of Covid-19: In 2020, COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of double digit during the year, followed by heavy equipment. Industrial consumptions including Construction for Oil and Lubricants dropped from the year 2019 to 2020.

The report titled “Thailand Lubricants Market Outlook to 2026:-Driven By Growth in demand for Bio-Lubricants and Major Share of Passenger Vehicle Lubricant in the Country”, provides an exhaustive analysis of the Lubricant market in Thailand. The market is expected to expand over the period 2022-2026F in Thailand to fulfill the consumption requirements of both industrial and automotive sectors by processing mineral oils into semi-synthetic and synthetic oils. The market is expected to witness enhancing use of synthetic lubricants over long term, due to the growing awareness of people to switch to better quality lube oils for long term protection of the engines, still mineral grade lubricants are expected to be preferred end user’s choice.

Key Segments Covered in the report

Thailand Lubricants Market:

• By Type, on the Basis of Sales Volume (Mn Lts):
• Industrial Lubricant
• Automotive Lubricant

• By Grade, on the Basis of Sales Volume (Mn Lts):
• Mineral
• Semi-Syntenic
• Synthetic

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Thailand Industrial Lubricants Market:

• By Type, on the Basis of Sales Volume (Mn Lts):
• Hydraulic Fluid
• Gear Oil
• Grease
• Metalworking Fluid
• Others (Turbine Oil, Compressor Oil, etc.)

• By End Use, on the Basis of Sales Volume (Mn Lts):
• Construction and Mining
• General Manufacturing
• Metal Production
• Power Generation
• Food Processing
• Others (Agriculture, Medical, etc.)

• By Distribution Channel, on the Basis of Sales Volume (Mn Lts):
• Dealer Network
• Direct Sales

Thailand Automotive Lubricants Market:

• By Type, on the Basis of Sales Volume (Mn Lts):
• Heavy-Duty Diesel Engine Oil
• Passenger Vehicle Motor Oil
• Transmission Fluids
• Hydraulic Oil
• Greases
• Others

• By End Use, on the Basis of Sales Volume (Mn Lts):
• Commercial Vehicles
• Passenger Cars
• Motor Cycles
• Marine
• Others (Aviation, etc.)

• By Distribution Channel, on the Basis of Sales Volume (Mn Lts):
• Service stations/Local Workshops
• OEMs
• Supermarkets/ Hypermarkets
• Online

Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry Base-oil Companies
• Additive Companies
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs
• Automotive Dealerships
• Government Agencies
• Consulting and Advisory Firms

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026F

Companies Covered:

• PTT Oil and Retail
• The Shell Company of Thailand
• Bangchak Corporation
• BP-Castrol (Thailand)
• Esso (Thailand)
• Idemitsu Lubricants (Thailand)
• Siam Pan Group
• Chevron Thailand
• Thai Petroleum &Trading
• Valvoline

Key Topics Covered in the Report

• Thailand Lubricants Market Overview
• Ecosystem of Lubricants Market
• Business Cycle and Genesis of Thailand Lubricants Market Overview
• Value Chain Analysis for Thailand Lubricants Market
• SWOT Analysis for Thailand Lubricants Market
• Porter’s Five Forces Analysis Thailand Lubricants Market
• Growth Drivers in Thailand Lubricants Market
• Bottlenecks and Challenges in Thailand Lubricants Market
• Trends and Developments in Thailand Lubricants Market
• Government Regulations
• End User Analysis of Thailand Lubricants Market
• Covid-19 Impact on Thailand Lubricants Market
• Competitive Landscape in Thailand Lubricants Market
• Strengths and Weaknesses of the Major Players in Thailand Industrial Lubricant market
• Strengths and Weaknesses of the Major Players in Thailand Automotive Lubricant market
• Cross Comparison of Major Players in Thailand Industrial Lubricant Market
• Cross Comparison of Major Players in Thailand Automotive Lubricants Market
• Product Portfolio of Major Players in Thailand Industrial Lubricants Market
• Product Portfolio of Major Players Thailand Automotive Lubricants Market
• Detailed Analysis on Thailand Lubricants Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2026F)
• Detailed Analysis on Thailand Industrial Lubricants Market (Market Segmentation, 2016-2022; Future Market Segmentation, 2022-2026F)
• Detailed Analysis on Thailand Automotive Lubricants Market (Market Segmentation,2016- 2022; Future Market Segmentation, 2022-2026F)
• Market Opportunity and Analyst Recommendations

For more information on the research reports, refer to below link: -

Thailand Lubricant Market Outlook to 2026: Ken Research

Related Reports:

Malaysia Automotive Lubricant Market Outlook To 2025- Driven By Growing Adoption Of High-Performance Lubricants, Increasing Vehicles On Road Coupled With The Availability Of Products On E-Commerce Platforms

Brazil Lubricants Market Outlook To 2025- By Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & By Distribution Channels) And By Industrial Lubricants (By Product Type, By End-Users & By Distribution Channels)

Malaysia Automotive Lubricant Market Outlook To 2025- Driven By Growing Vehicle Ownership & Preference For Synthetic Lubricants

Challenges in Growth of Food Deaerators Market | Global Food Deaerators Market – Ken Research

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Government investments in the food processing machinery and equipment sector and rising capital consumption in the beverage industry create attractive growth prospects, the Food Deaerators Market is Forecasted to Reach US$ 400 Mn by 2028 says Ken Research Study.

Deaerators are used in a variety of sectors where steam is produced from boiler-feed water using a boiler. Deaerators aim to remove dissolved oxygen and unwelcome dissolved gases from boiler feed water before it enters boilers. Food deaerators are used to release trapped gases from liquids, including oxygen. Food deaerators are adept at releasing trapped gaseous air from liquids by spreading the liquid in a thin film on a rotating disc while under a strong vacuum. Many beverage products, including dairy goods, fruit drinks, and alcoholic beverages, require food deaerators.

According to Ken Research estimates, the Global Food Deaerators Market – which grew from around US$ 230 million in 2017 to nearly US$ 300 million in 2022 – is expected to grow further into a ~US$ 400 million opportunity by 2028.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

The Rise in Demand for Convenience Foods Will Propel the Market Growth

The market for food deaerators is being driven by the rise in demand for convenience foods with long shelf lives. Furthermore, it is anticipated that the market for food deaerators will be greatly impacted by the reduction of negative effects caused by dissolved oxygen in beverages. Additionally, the market for food deaerators is anticipated to be significantly impacted by the rise in beverage consumption per capita. Growing investment in the creation of technology for processing food and beverages is anticipated to open up new opportunities for industry players.

Food Deaerators are Becoming More and More in Demand in The Food and Beverage Sector

Food deaerators are increasingly in demand, particularly from the beverage and food industries. Some of the key factors driving the market for food deaerators include the quickly expanding demand for processed beverages and food products, the rising use of convenience foods and processed foods, and growing awareness of the negative effects of dissolved oxygen, CO2, and other gases in food and beverage products. The demand for food deaerators is anticipated to rise due to the rising popularity of various beverages, particularly food juices, whose quality is affected by the dissolved oxygen and other gases in fruit juices. Another factor driving the market for food deaerators is the rise in consumer disposable income and the expanding beverage sector. The worldwide food deaerator market is thus anticipated to expand favorably due to an increase in applications and consumer demand from the food and beverage sector.

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High Investment Cost for the Installation and Maintenance is Hampering the Market Growth

A significant factor that is anticipated to restrain the expansion of the global market for food deaerators is the high capital expenditure needed for deaerator equipment installation and maintenance. The large capital expense required for deaerator equipment installation and maintenance is one important factor that is projected to limit the growth of the global market for food deaerators. The market's expansion is anticipated to be constrained by the expensive maintenance costs associated with food deaerators. To increase the food deaerators' effectiveness, dependability, and performance, maintenance is necessary. Food deaerators require frequent maintenance, which raises the cost.

For more information on the research report, refer to the below link:

Global Players in Food Deaerators Market       

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3 Key Insights on Nearly $7 Bn Opportunity in the Global Agricultural Pumps Market

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Key Insights on Competitive Landscape in Global Digital Twin Market: Ken Research

 Few Global Players Dominate the Market despite the Presence of about ~200 Competitors Comprising a Large Number of Regional Players and Some Specialist Players, finds a recent market study on the Global Digital Twin Market by Ken Research

A digital twin is a digital representation of a real-world entity or system. The implementation of the digital twin is an encapsulated software object or model that reflects a unique physical object, process, organization, person, or other abstraction. Data from multiple digital twins can be used for composite views across different real-world entities, such as power plants or cities and their associated processes. For instance, wind turbines are equipped with various sensors related to important functional areas. These sensors generate data on various aspects of physical object performance, such as energy output, temperature, and weather conditions.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Constitute ~20% of the Total Number of Competitors, While Regional Players Dominate Representing ~45% of Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the global digital twin market is competitive with ~200 players, including globally diversified players, regional players, and many country-niche players. The regional players comprise about ~45% in terms of the number of companies followed by country-niche players with ~35% of the total competitors. The players in the industry develop digital twin technologies for applications including product design, product development, inventory management, predictive maintenance, performance monitoring, business optimization, and others for industries including aerospace & defense, automotive & transportation, manufacturing, healthcare, retail, energy & utilities, home & commercial, it & telecom, and others.

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The Incorporation of Extended Reality Technology and Predictive Analysis Tools are expected to be the Primary Drivers of the Market.

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as Accenture, Autodesk Inc., General Electric, IBM Corporation, Microsoft,  and others are highly focused on developing digital twin products that can be used across multiple end-user industries, such as aerospace & defense, automotive & transportation, healthcare, energy & utilities, home & commercial, and more. Furthermore, several companies and organizations are aggressively focusing on acquisitions and mergers with specialized players to invest in digital twin technology solutions.

• In April 2022, GE Research and GE Renewable Energy, both subsidiaries of General Electric collaborated for the development of cutting-edge artificial intelligence (AI), and machine learning (ML) tools. The AI and ML tools use digital twin technology to predict and streamline logistics costs in the worldwide wind industry.

• In March 2022, Microsoft announced a strategic partnership with innovative Australian-based resources company Newcrest. The collaboration is based on programs including the use of digital twins for the improvement of operational performance and a high-impact sustainability data models.

• In May 2022, Gradiant, a Boston-based water solutions provider company acquired cleantech startup Synauta to increase the usage of digital twins in the water treatment industry. The acquisition is a combination of digitizing and optimizing the water treatment expertise of Gradiant and the practical machine learning expertise of Synauta.

Increased Government Initiatives and New Strategical Investments in the IT Industry that Led to Major Industry-Wide Developments, Acquisitions, and Partnerships in the industry.

• In June 2022, the Digital Twin Consortium (DTC) collaborated with the Smart Cities Council (Council) to support its work with communities worldwide. The Council will keep spreading awareness of sustainability and resilience among cities. The partnership is intended to work together to inform local governments and towns about the capabilities of digital twins.

• In June 2022, Siemens partnered with an American multinational technology company, NVIDIA to bring the Digital Twin technology within suitable reach. The acquisition resulted in using twin technology in building and manufacturing with the power and visual sophistication of chips and the Omniverse metaverse platform.

In May 2021, the USA Army Aviation and Missile Command partnered with the Wichita State University team to integrate twin technology into its helicopter fleet, Black Hawk. With the use of this technology, 3D scanning technologies created a virtual model of UH-60LBlack Hawk.

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Key Topics Covered in the Report

• Snapshot of Global Digital Twin Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Digital Twin Market
• Historic Growth of Overall Global Digital Twin Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Digital Twin Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Digital Twin Market
• Future Market Forecast and Growth Rates of the Total Global Digital Twin Market and Segments
• Analysis of Global Digital Twin Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Accenture
• Autodesk Inc.
• General Electric
• IBM Corporation
• Microsoft
• Bentley Systems, Incorporated
• Robert Bosch GmbH
• SAP SE
• Schneider Electric
• Siemens

Notable Emerging Companies Mentioned in the Report

• Digital Construction Works
• Allvision IO
• DigitalTwin Technology GmbH
• MEIK LABS SpA
• MetaTwin GmbH

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Digital Twin Solution Developers
• Digital Twin Solution Suppliers
• Digital Twin Solution Implementors
• Product Twin Developers
• Process Twin Developers
• System Twin Developers
• Digital Twin Distributors
• Emerging and Startups in Digital Twin Industry
• Simulation Solutions Companies
• Different Types of Digital Twin Manufacturing Hubs
• Government Departments of Electronics
• Government Ministries and Departments of Information Technology
• Financial Institutions focused on Information Technology Industry
• PE and VC Firms focused on Information Technology Industry
• Potential Entrants into Information Technology Industry
• Potential Entrants into Simulation Solutions

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Digital Twin Market: Ken Research

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Rising Automobile Aggregators, Increasing Customer Expenditure with Growing Digital Advancement and Government Initiative had driven Indonesia Auto Finance Market: Ken Research

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Rising Automobile Aggregators: Innovative digital startups such as Cermati are reshaping the challenging automotive shopping and financing process into a quick and easy experience for customers by creating an auto finance ecosystem where specialized players occupy the various parts of the value chain. In the West Java Region, various big global car-makers invested in industrial estates as well as car and component manufacturing plants. Therefore, it has become the production base of Indonesia's automotive sector (including motorcycles) and can be labelled the "Detroit of Indonesia. Auto Finance Companies and Dealerships are also expected to an increase their financing and contracting options making them more flexible to support retail Sales.

Customers Buying Behaviour: Expenditure-Income ratio of people of Indonesia is quite high in comparison to other ASEAN countries like Brunei Darussalam, the Philippines and Singapore. This increases the buying tendency, purchasing power as well as the consumption rates.

Public Transportation: As Indonesia has a large population, the government has a target to increase the share of trips on public transport to be the largest in the auto segment by 2030. Public transportation has been really helpful and popular, and nowadays use of online transportation like Uber and Grab is rising.

Growing Digital Advancement: Dealers can ensure they’re reaching online-first car shoppers by investing in an all-encompassing digital marketing solution that leverages mobile, location, and social media. Also, by 2023, the BSP hopes to have digitalized most of the payments and encouraged Majority of the population to open bank accounts. Automotive Financing Companies are increasingly moving towards higher technological advancements to improve operational profits as well as customer experience. For example- the use of AI is increasing to make important loan decisions in real time.

Change in Regulatory Framework: The government of Indonesia and financial regulatory authority has lowered the down payment rates and the interest rates to make financing a viable. “Healthy” multi-finance companies with non-performing financing (NPF) ratio <1% are allowed to offer 0% down payment for vehicles purchases with credit by OJK which has increased demand for Autocredit in Philippines.

Analysts at Ken Research in their latest publication “Indonesia Auto Finance Industry Outlook to 2026 - Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities” by Ken Research observed that Auto Finance Market is an emergent market in Indonesia, which is at a growing stage even during the pandemic as well. The rising demand for automobiles, Rising Automotive Aggregators, high Spending capacity of the population, government initiatives and growing digital advancement like Artificial Intelligence and Machine Learning, are expected to contribute to the market growth over the forecast period. The Indonesia Auto Finance Market is expected to see high growth rate over the forecasted period 2021-2026F.

Key Segments Covered:-

Indonesia Auto Finance Market

By Category of Lenders (by Credit Dispersed), 2021 & 2026F: 

Captive Financing Companies

Banks

NBFCs

By Type Of Vehicles (by Credit Dispersed), 2021 & 2026F:

Two Wheelers

Three Wheelers

Four Wheelers

By Type of Ownership (by Credit Dispersed), 2021 & 2026F:

Used Cars

New Cars

By Category of Vehicles (by Credit Dispersed), 2021 & 2026F:

Passenger Vehicles

Commercial Vehicles

By Duration of Loan (by Credit Dispersed), 2021 & 2026F:

1 Year

2 Year

3 Year

3+ Years

By Geographical Location (by Credit Dispersed), 2021 & 2026F:

Rural & Semi Urban

Urban

Metropolitan

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Key Target Audience:-

Banks and its Subsidiaries

NBFCs

Captive Finance Companies

Government and Institutions

Automobile Companies

Car Dealers

Government and Institutions

Existing Auto Finance Companies

OEM Dealerships

New Market Entrants

Investors

Auto mobile Associations

Time Period Captured in the Report:-

Historical Period: 2016-2020

Base Year: 2021

Forecast Period: 2022– 2026F

Companies Covered:-

Bank CIMB Niaga

Bank Rakyat Indonesia

Danamon Bank (Adira Dinamika Finance)

Mandiri Bank (Mandiri Tunas Finance)

Megabank (WOM)

Bank Negara Indonesia

BCA Bank

Bank Jasa Jakarta

Cekaja

ACC Finance

Oto Multiartha

Radana Bhaskara

Adira Finance

Indomobil Multi Jasa

Mitsui Auto Finance

Mandiri Tunas Finance

Rabana Investindo

Maybank Finance

Mobil88

OLX Indonesia

Mobil123

Carmudi

Oto.com

Diamond Smart Auto

Carro

Key Topics Covered in the Report:

Demographic overview and major industries of Indonesia

Economic Overview of Indonesia

Trade Scenario of Indonesia

Indonesia Automotive Market – Vehicle sales

Indonesia Automotive Market - Major OEM brands basis passenger cars sales

Indonesia Auto Finance Ecosystem

Indonesia Auto Finance Market Value Chain Analysis

Major Types of auto loans available in the Indonesia Auto Finance Market

Growth Drivers of Indonesia Auto Finance Industry

Decision making Parameters for selecting Auto loan Vendor

SWOT Analysis of the industry

Trends and Developments in the Industry

Issues and challenges in the industry

Government initiatives in the industry

COVID-19 Impact on the Indonesia Auto Finance Industry

Customer Journey

Indonesia Auto Finance Market Sizing

Indonesia Auto Finance Market Segmentation

Indonesia Automotive Finance Aggregator

Indonesia Auto Finance Market - Future Sizing

Indonesia Auto Finance Market - Future Segmentation

Digital Disruptions in the Indonesia Auto Finance Industry

Analyst Recommendations

For more information on the research report, refer to below link:-

Indonesia Auto Finance Industry

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KSA Auto Finance Market Outlook to 2026F– Driven by Women Entering the Market, Growing Private Entities and Initiatives by the Government

Global Food Grade Lubricants Market | Food Grade Lubricants Demand – Ken Research

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Driven by the growing usage among the food and beverages industry. The Global Food-Grade Lubricants Market is forecasted at approximately US$ 500 Mn by 2028 says Ken Research Study.

Food Grade lubricants are categorized under oil and grease, acceptable for use in meat, poultry, and other food processing equipment, application, and plants. Lubricants are broken into different categories on the likelihood they will contact food. As of now, food-grade lubricants are designated as H1, H2, and H3. The approval and registration of new lubricants into one of these categories are based on the ingredient used in the formulation.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Rising Consumer Awareness and Unhygienic Food Manufacturing Plant, are Driving Factors for This Market.

According to Ken Research Analysis, the Global Food Grade Lubricants Market was valued at US$ 200 million in 2017, it is estimated to be ~US$ 300 million in 2022 and is forecasted to reach a market size of ~US$ 500 million opportunities by 2028.

Food safety concerns are likely to benefit the food-grade lubricants. Foodborne diseases are occurring due to the contamination of food by non-food lubricants, foodborne illness is caused by consuming polluted food and beverages. Consumer awareness is rising since the outbreak of COVID-19, people are more active and know what to consume. Various manufacturing plants are now continuously adopting measures and adhering to government regulations regarding the adoption of food-grade lubricants, which is likely to fuel the demand of this market.

2. Surging Production and Consumption of Dairy Food, Meat, and other Related Products, is Likely to Fuel the Market Growth.

According to Invest India, India ranks 8^th in meat production in the world. Meat production in the country has increased from 6.69 MT in 2014-15 to 8.80 MT in 2020-21. Furthermore, fish production has reached an all-time high of 16.19 MMT during 2021-22.

As per the Organization for Economic Co-operation and Development (OECD), world milk production increased by 1.3% in 2019 to about 852 MT. The share of fresh dairy products in world consumption is expected to increase over the coming decade due to strong demand growth in India, Pakistan, and Africa, driven by income and population growth. The rise in the production and consumption of food and beverages is likely to fuel the market growth of food-grade lubricants.

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3.   Strict Rules for over Production of Chemicals in Plants, is Likely to Hamper the Growth of the Food Grade Lubricants Market.

The USA has various regulatory bodies that supervise chemical reporting, wastewater discharge from facilities, oil spills, hazardous substance releases, and various other regulations. Section 313 of the Emergency Planning and Community Rights-to-know-Act (EPCRA) created the Toxic Release Inventory (TRI) program. Under the requirement of EPCRA, all USA facilities that meet TRI reporting criteria must submit TRI data to the Environmental Protection Agency (EPA) and the relevant state government by 1^st July of each year. EPA investigates the cases of EPCRA non-compliances leading to civil penalties, including monetary fines.

 

For more information on the research report, refer to the below link:

Bio-based Food Grade Lubricants Market

Read Also –

3 Key Insights on Nearly $7 Bn Opportunity in the Global Agricultural Pumps Market

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Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

 

3 Key Insights on Competitive Landscape in the Global Composites Market: Ken Research

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Country-Niche Players and Regional Players constitute ~60% and ~35% of market presence respectively Despite the Presence of about ~600 Competitors, find a Recent Market Study on the Global Composites Market.

Composites are materials that are created by mixing two or more natural or synthetic elements (with various physical or chemical qualities) and are more powerful when used collectively than when used alone. The constituent parts merge and contribute their most advantageous features to enhance the result or finished product, but they do not blend or lose their own identities.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Large Global Players Hold Around 45% of the Market Share Followed by Regional Players Holding ~30% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Composites Market is competitive with ~500 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Large Global Players held the dominant position in the market in 2021, in terms of the market share with about ~45% followed by regional players which account for ~30% of the market share.

 

Players are Increasingly Investing in the Composites Industry which is Promoting the Market Growth.

To increase their position in the market, competitors have implemented a variety of organic and inorganic growth techniques. To expand their regional footprint and improve their product offering, these top players used mergers and acquisitions, new product development, and expansion to address the rising demand for composites in emerging economies.

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Not just key players but also emerging players are expanding in the Composites industry and are also investing in strategies like collaborations and technological development to compete in the industry.

• In June 2021, Solvay partnered with Novotech, an Italian UAM company. Solvay has granted the company access to its selection of thermoset, thermoplastic composites, and adhesive materials as well as dedicated technical support.

The MTM® 45-1 and CYCOM® 5320-1 resin systems from Solvay, which are NCAMP-registered and aerospace-qualified, were chosen by Novotech. These two products have a strong aerospace pedigree system, a sizable publicly accessible dataset, flexible production processes, and the product forms necessary to support quick market acceptance.

Increased Adoption of Composites in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

• In September 2021, Hexcel announced the expansion to double the capacity of the current core-engineered production in Morocco.

The company stated in a news statement that it plans to address the rising demand in Morocco from aerospace customers for lightweight advanced composites and that the expansion is anticipated to be finished in early 2023.

• In May 2021, Toray Industries, Inc. revealed that it has created a high thermal conductivity technology that raises the carbon fiber reinforced plastic's (CFRP) heat-dissipating capabilities to those of metals. By utilizing this technology, CFRP effectively dissipates heat from its sources through internal thermal conduction pathways. This enhances performance in electronic device applications while reducing battery deterioration in mobility applications.

Key Topics Covered in the Report

• Snapshot of the Global Composites Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Composites Market
• Historic Growth of the Overall Global Composites Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Composites Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Composites Market
• Future Market Forecast and Growth Rates of the Total Global Composites Market and by Segments
• Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Composites Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

• Huntsman Corporation LLC
• SGL Group
• Teijin Ltd
• CooperVision
• DuPont
• Owens Corning
• Toray Industries, Inc.
• Mitsubishi Chemical Holdings Corporation
• Solvay
• Exel Group
• DOW

Notable Emerging Companies Mentioned in the Report

• Capricorn Composite GmbH
• Aircraft Composites Sachsen GmbH
• Fibrolux GmbH
• Hexcel Corporation
• INEOS Enterprises
• Bally Ribbon Mills

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Composites Manufacturers
• Glass Fiber Composites Manufacturers
• Insulation Manufacturers
• Raw Material Suppliers for Composites
• Composites Research and Development Institutes
• Market Research & Consulting Firms
• Banking and Financial Service Providers
• Hardware Electronics Suppliers
• Auto Component Manufacturers
• Government & Regulatory Authorities
• Chemical Research Institutes
• Specialty Chemicals Material Suppliers
• Investors in Chemicals Industry
• Start-ups & Incumbents in Chemical Industry
• Chemical Testing & Inspection Companies
• Government Ministries and Departments of Chemicals Industry
• PE and VC Firms focused on Chemicals Industry
• Potential Entrants into Composites Industry

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more information on the research report, refer to below link:

Global Composites Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

The Vietnam cold chain market is currently in the growing phase owing to rising collaboration with Korean logistics providers and geographic advantage: Ken Research

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Growth in Demand of Quick Services Restaurants & E-commerce: Vietnam’s food services industry is thriving and expected to grow with a robust CAGR between 2022-2027 owing to high millennial population and changing lifestyle, thus increasing the demand for chilled and frozen pallets to cater to the increasing needs by giants such as Wendy’s, McDonald’s and more. Whereas E-commerce is a major factor in the growth of the logistics industry and especially international shipping sector due to the entries of large global firms.

Expansion of Existing Cold Storages: Logistics players are taking note and expanding current cold storage infrastructure to accommodate the boom in demand for fresh produce and meat, which is driving the market growth. Many cold chain operators are expected to expand their operations and establish many new cold storage warehouses to cater to the large and rising demand for refrigerated storage, providing a significant boost to the Vietnam cold storage industry.  In the medium to long term, infrastructure development remains key to improving the cold storage supply.

Adopting Automation and Modern Technologies: Use of robots that can be programmed to perform manual processes in the warehouse, whereas automation is a set of operations that can be performed autonomously with minimal or no human assistance. Also Automated Guided Vehicles (AGVs) are portable machines that navigate themselves through floor stickers, radio waves, vision cameras, wires, magnets, or lasers. This technology is most often used to transport raw materials, work-in-progress, and finished goods around the warehouse.

Occupancy Rate: The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. The occupancy rate is high due to need for preserving seafood, agricultural products, and fresh food. Although highest share of cold storage is in southern Vietnam, it is still overloaded with the increasing demand for food and essential goods for nearly 9.0 million people in Ho Chi Minh City. The growing middle-class population and increasing demand of frozen products will also add the occupancy in cold storage, promoting investment trends in cold supply chains and new development opportunities.

Analysts at Ken Research in their latest publication “Vietnam Cold Chain Market Outlook to 2026F- Driven by Rising Meat and Seafood Consumption Owing to Growing Millennial Population Albeit Infrastructure Challenges” by Ken Research observed that Cold Chain market is an emergent transport and storage market in Vietnam at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for cosmetic dentistry, demand among the population along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 14.8% CAGR during 2021-2026F owing to the rise in economy of the country, increasing consciousness towards looks and new government policies.

Key Segments Covered in the report

Vietnam Cold Chain Market

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

By Ownership

3PL Cold Chain Facilities

Owned

Vietnam Cold Storage Market

By Temperature Range

Frozen

Chillers

Ambient

By Automation

Non-automated Pallets

Automated Pallets

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

By Major Cities

Ho Chi Minh

Hanoi Capital

Binh Duong

Long An

Other

Vietnam Cold Transport Market

By Truck Type

Reefer Vans/Trucks

20-foot reefers

40-foot reefers and others

By Mode of Transportation

Land

Sea

Air

In Land Water ways

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By Location

International

Domestic

By Vicinity

Inter-city

Intra-city

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

Key Target Audience:-

Cold Storage Companies

Cold Chain Companies

Cold Transport Companies

Captive Cold Storage Companies

Captive Cold Chain Companies

Logistics Companies

Non-captive Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2016-2021

Base Year: 2021

Forecast Period: 2021-2026F

Companies Covered:-

Lineage

Transimex

Hung Vuong Corporation

AJ Total Vietnam

Mekong Logistics

ARC Bing Duong

ABA Cooltrans

Emergent cold storage

SK Cold Storage

Lotte logistics

Konoike

Hong Lai Group

New Land Logistics

Thang Long Logistics

Crane Worldwide Logistics

ALS Avaition Logistics

Arctic Wolf

Vinafco

Key Topics Covered in the Report:-

Country Overview and Infrastructure Analysis of Vietnam

Vietnam Cold Chain Market Overview and Genesis

Vietnam Cold Chain Industry Supply Ecosystem

Business Cycle and Genesis of Vietnam Cold Chain Market

Vietnam Cold Chain Market, 2016-2021

Vietnam Cold Chain Market Segmentation (by Cold Storage and Cold Transport, by Ownership and by End Users)

Vietnam Cold Storage Market, 2016-2021

Vietnam Cold Storage Market Segmentation (by Automation, Temperature Range, by End Users and by region)

Vietnam Cold Transport Market Overview, 2016-2021

Vietnam Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by Location & Vicinity and by end users)

SWOT Analysis of Vietnam Cold Chain Market

Competition Scenario of Vietnam Cold Chain Market

Growth drivers of Vietnam Cold Chain Market

Technological Advancements in the Vietnam Cold Chain Market

Issues and Challenges in the Vietnam Cold Chain Market

Recent Trends in the Vietnam Cold Chain Market

End User Analysis of Vietnam Cold Chain Market

Future Outlook of Vietnam Cold Chain Market, 2021-2026F

Future Outlook of Vietnam Warehousing Market, 2021-2026F

Future Outlook of Vietnam Cold Storage Market, 2021-2026F

Future Outlook of Vietnam Cold Transport Market, 2021-2026F

Market Opportunities and Analyst Recommendation

For more information on the research reports, refer to below link:-

Vietnam Cold Chain Market

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Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth

South Africa Cold Chain Market Outlook to 2026F: Driven by Rising Meat and Seafood & Fruits and Vegetables Consumption & Owing to Growing Population and Infrastructural Development