Indian Insurance Aggregator Industry expected to be worth $621 Mn by FY’24: Ken Research

 The insurance aggregator industry in India started with the introduction of PolicyBazaar in 2008 and as at 31^st July 2020, there were 23 aggregators operating in the industry. Aggregators have proven to be an alternative distribution channel for insurance policies of motor, health, life, term life and other products; as they allow the customers to compare multiple policies from different insurance providers at the same time. Aggregators also act as a one-point customer representative for all their queries ranging from policy guidance to assisting in claim settlement.

While earning 8-15% commission on sale of different policies is the major revenue stream, aggregators are struggling to achieve their overall profitability with loss margins reaching over 100% for some players in the industry. As at March 2019, the industry was valued at $54.5 Mn, achieving a growth of 91% compared to FY’2018.  PolicyBazaar is the market leader; followed by Coverfox Broking, Easypolicy and others.

Incumbents are leveraging their Omni-channel distribution (majorly through Agents in case of Online Brokers) to increase the traffic on website, leverage customer data and use it for cross-selling loans, investment in mutual funds and credit cards. For instance, PolicyBazaar through its sister company, PaisaBazaar is amplifying the cross-selling opportunities. Similarly, ETInsure is leveraging the established customer base of ETMoney (Loan/Investments platform).

To beat the trade off between customer acquisition cost and average revenue attributable from policy sale, aggregators are focussing on expanding their reach domestically and internationally. For instance, Easypolicy merged with Quickbima to increase its presence in specific districts of Haryana while PolicyBazaar has commenced its operations in UAE and plans to expand to more countries internationally.

While geographical expansion focuses on newer customer acquisition, aggregators must strive to increase the ticket size by creating value proposition for customer, post-sale of policy. Incumbents must strive to create a unified ecosystem within their platform offering location of hospitals, clinics, health wellness tracker, real-time tips for health/wellness improvement; rely on more content based marketing allowing customers to re-visit the platforms and replace employee/agent driven sale via chat-bots.

Industry has also witnessed certain M&A deals and participation of foreign investors in various funding rounds of the players. For instance, PolicyBazaar plans to raise another $150 Mn in Q3 2020 and is eyeing an IPO by 2021; acquisition of MyInsuranceClub by Express Group etc. Ken Research expects the industry size to rise to $672 Mn by FY’2024 owing to shift towards online mediums due to outbreak of COVID-19, increasing awareness among customers to have safety net and investment backed trends.

Time Period Captured in the Report:-

Historical Period – FY’2016 - FY’2019

Forecast Period – FY’2019 – FY’2024E

Companies Covered:-

Policy Bazaar

CoverFox

EasyPolicy

PolicyX

ET Insure

Compare Policy

Key Topics Covered in the Report:-

Snapshot on Insurance Industry in India

Distribution of Insurance in India

Overview of Insurance Web Aggregators

Operating Business Models (Online broking V/s Online Aggregators)

Regulations by IRDA for Web Aggregators

India Web Insurance Aggregators Market Size

India Web Insurance Aggregators Market Segmentation

Competitive Landscape of Major Insurance Web Aggregators

Cross Comparison of Major Players on Key Performance and Operational Indicators

Key Trends and Developments

India Web Insurance Aggregators Future Market Size

India Web Insurance Aggregators Future Market Segmentation

Total Addressable Market for the Players, FY’2019-FY’2024E

Analyst Recommendations for New and Incumbent Players

Interview with Mahavir Chopra, Chief Business Officer at Coverfox Insurance

Interview with Naval Goel, CEO at PolicyX, India

For More Information on the research report, refer to below link:-

India Web Insurance Aggregator Market

Related Report:-

India Online Insurance Outlook to 2019 - Driven by Internet Growth and Web Aggregators Industry

Interview of Naval Goel, Chief Executive Officer at PolicyX.com on insights of the Web Insurance Aggregators Market in India: Ken Research

Contact Us:-

Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249

Growth in Landscape of Surface Active Agents Global Market Outlook: Ken Research

 The surface active agents market proficiently comprises of sales of surface active agents and connected services for the utilization in detergents, wetting agents, emulsifiers, foaming agents, and dispersants in order to subordinate the surface tension. Surface active agents are majorly utilized in industries likewise pharmaceutical, oil & gas, food & beverage, agriculture and clothes.

According to the report analysis, ‘Surface Active Agents Global Market Report 2020’ states that in the surface active agents global market there are several corporates which presently operating more significantly for leading the highest market growth and dominating the handsome value of market share around the globe during the inflowing years while spreading the awareness related to the surface active agents, decreasing the linked price, increasing the applications of such, implementing the profitable strategies, studying and analyzing the strategies and policies of the government along competitors, delivering the better consumer satisfaction, employing the young work force and establishing several research and development programs includes BASF SE, Clariant, Akzo Nobel N.V. (The Netherlands), Air Products and Chemicals (U.S.), E. I. DuPont de Nemours & Co (U.S.), Kao Corporation, Stepan Company, Ashland, Evonik Industries AG, Reliance Industries Ltd and several others.

The worldwide surface active agents market was value USD 62.43 billion in 2019. It is projected to grow at a compound annual growth rate (CAGR) of 12% and reach USD 98.28 billion by 2023.

The effective increment in the demand for surface active agents from several end user industries is propelling the market. Surfactants in food industry are utilized as emulsifiers, which are efficient for the formation and stabilization of the food structure. Moreover, there is increasing awareness of vigorous food, which require bio-surfactants with great biodegradability and lower toxicity. According to the research study on resourcefulness of surfactants in food industries during 2018, biocompatible, biodegradable and non-toxic emulsion based formulations of surfactants have high impending for food preparation and dispensation applications. Moreover, around the globe, 50% of food surfactants produced is utilized in bakery products, demonstrating the amount of surface active agents demanded. The increasing demand from end user propels the surface active agents market.

Not only has this, extra concentrated laundry detergents is becoming prominent as it decreases the water consumption. Corporates are improving concentrated detergents which can save as much as 45 million gallons of water per year and also demand less plastic for packaging and create transportation more energy-efficient. For example, Walmart's objective is to cut 25% of the water from every dose of laundry detergent by 2018. For foremost companies manufacturing extra concerted laundry detergents involve Unilever, Procter & Gamble, Henkel AG & Company and Church & Dwight Co., Inc.

Throughout 2018, Stepan corporate, an Illinois based company, accomplished the acquisition of surfactant production capacity from BASF SE for an undisclosed amount. This acquisition will assist Stepan Company's strategy to enlarge in Latin America. BASF SE is a German corporate that specializes in introducing chemicals utilized in broad range of industries. Therefore, in the near years, it is anticipated that the market of surface active agents will increase around the globe more significantly.

For More Information, Click on the Link Below:-

Global Surface Active Agents Market

Contact Us:-

Ken Research             

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Automotive Sectors Expected to Drive Global Automotive Park Brake Lever Market: Ken Research

 Automotive park brake lever is commonly known as automotive handbrake or emergency brake that helps in preventing the vehicle to move once it is being parked. It is one of the mandatory component of the vehicle. It can be of two type’s conventional lever and electronic parking brake (button type). Conventional automotive park brake lever is well established in the global market while electronic automotive park brake lever is a luxury feature that provides more storage space between the front center consoles of the vehicle.

According to study, “Global Automotive Park Brake Lever Market to reach USD XX billion by 2026” the key companies operating in the global automotive park brake lever market are ZF Friedrichshafen AG, AB SKF, Continental AG, Electronic Mobility Controls, Toshiba Electronic Devices & Storage Corporation, KÜSTER Unternehmensgruppe, Brembo S.p.A., AISIN SEIKI Co., Ltd., Allegro MicroSystems, LLC, MANDO-HELLA Electronics Corp., and WABCO. Key manufacturers are strategizing on latest technological innovations for instance brake-by-wire technology that considerably reduces the weight of the car and adoption of self-driving cars with technologically compatible components like electric parking brakes. However, counterfeit of automotive components, faulty electric parking brake lever systems, and long product life cycle of electric parking brake systems are affecting the growth of automotive park brake lever market landscape.

The global automotive park brake lever market is sub-categorized into lever type, functionality type, vehicle type, and sales channel. Based on lever type, market is bifurcated as pull-squeeze pistol-grip hand-lever, pull-twist handgrip lever, push button, pull-press-button hand-lever and pull-press-button hand-lever. Based on functionality, market is bifurcated as electric automotive park brake lever and conventional automotive park brake lever. Based on vehicle type, market is bifurcated as light commercial vehicle, heavy commercial vehicle, compact cars, mid-sized cars, luxury vehicles, SUVs, passenger car, electric vehicle and others. In addition, based on sales channel, market is bifurcated as original equipment manufacturer (OEM) and aftermarket. OEM sales channel segment is likely to depict higher growth rate due to ease of implementation & rise in consumer preference and lower replacement rate of automotive park brake lever (handbrake) during the forecast period.

The automotive park brake lever market is driven by increase in automotive sales and vehicle fleet, followed by rise in consumer demand for premium cars, rise in preference for sophisticated electronic system due to higher per capita income, increase in traction towards electric parking brakes with technological advancement, growth in electric vehicle market and increase in automotive sector. Moreover, growth in technological advancements and rise in safety awareness are key opportunities for market.

Based on geography, the North-American region holds major share in global automotive park brake lever market owing to increase in automotive sectors, higher standard of living,  increase in availability of well-developed infrastructure, rise in demand for luxury & premium class vehicles coupled with presence of key players in the region. Whereas, the Asian-Pacific and European regions are anticipated to exhibit higher growth rate due to stringent norms related to safety over the forecast period. In upcoming years, it is projected that future of the global market because of rise in demand for luxury cars during the forecast period.

For More Information, Click on the Link Below:-

Global Automotive Park Brake Lever Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Change in Consumer Tastes and Preferences Expected to Drive Global Fast Food Market: Ken Research

Fast food is a type of food served by the street vendors or quick service restaurants in minimal duration. It is mainly prepared in large quantities and is served quickly to the customers as per their demand. Different types of fast foods include chicken & seafood, Asian/Latin American food, burger/sandwich, pizza/pasta, and others.

According to study, “Global Fast Food Market to reach USD 843.4 billion by 2026” the key companies operating in the global fast food market are McDonald's, Domino's Pizza, Hardee's, Dunkin Donuts, Pizza Hut, Firehouse Subs, Burger King, Subway, KFC, Auntie Anne's. The key companies have successfully managed to reach out to new customers through quick-fire international expansion, product innovations, and upgrades in dining experience. With colossal investments by massive operators, the global fast food market is expected to exhibit dominance for more years to come.

Based on type, fast food market is segmented as burger/sandwich, chicken & seafood, pizza/pasta, Asian/Latin American food, others. Among them, burger/sandwich segment dominates the market owing to broad range of product line such as cheeseburgers, giant burgers, and hamburgers among others. Additionally, pizza/pasta segment is estimated to exhibit substantial growth rate due to extensive outlets of pasta mad pizza to level up with the rising requirement during the forecast period. Based on the service type, market is segmented as eat-in, drive through, take away, home delivery, and others. The home delivery segment is expected to witness higher growth rate on account of various facilities and ease added by manufacturers, followed by inclination of consumers towards availing doorstep delivery facility during the forecast period. In addition, based on end-user, market is segmented as Quick Service Restaurants (QSRs), full-service restaurants, caterings and others. QSRs segment holds major share in market because of rise in demand for fresh, tasty, and appealing food at affordable cost.

The fast food market is driven by increase in number of fast food restaurant/trucks, followed by tech-savvy ordering systems, growth in urbanization, increase in per capita disposable income, rise in number of working women, change in consumer tastes & preferences and rise in demand for international cuisines. However, rise in health concerns and high setup cost may impact the market. Moreover, increase in fast food outlets and fast paced lifestyle of consumers looking out for convenient food products are key opportunities for market.

Based on geography, the North-American is the prevalent region in global fast food market owing to high disposable income and busy lifestyle of the consumers caused by higher employment and increase in number of working women in the region. Whereas, the Asian-Pacific and European regions are anticipated to show higher growth rate due to change in lifestyle coupled with rise in adoption of western cultures among the population over the forecast period. In upcoming years, it id predicted that future of the global market will be bright because of growth in adoption of cross-cultural food during the forecast period. It is anticipated that the global fast food market will be reached at US $843.4 billion by 2026.

For More Information, refer to below link:-

Global Fast Food Market

Related Report:-

Global Low Calorie Fast Food Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growing Scenario Of Soap And Other Detergents Global Market Outlook: Ken Research

The soap and other detergents market significantly consists of sales of soap and several other detergents and connected services for eradicating dirt from human skin, textiles and several other solid surfaces. The Soap and detergents are chemical compounds denotes to the surface energetic agents in general. Such products are made from animal fats or vegetable oil and are utilized to clean a solid surface. The Surface-active agents are classified in four groups: anionic detergents, cationic detergents, nonionic detergents and ampholytic.

According to the report analysis, ‘Soap And Other Detergents Global Market Report 2020’ states that in the soap and other detergents global market there are several corporates which presently operating more effectively for leading the highest market growth and registering the greatest value of market share around the globe during the inflowing years while increasing the applications of the soap and other detergents, decreasing the linked price, advancing the specifications of the production technologies, delivering the better consumer satisfaction, implementing the profitable strategies, studying and analyzing the strategies of the competitors and government and employing the young work force includes Procter & Gamble, Ecolab Inc, Unilever plc, Henkel AG & Co KGaA, Church & Dwight Co. Inc, Colgate-Palmolive Company, Dial, Reckitt Benckiser Group plc, The Clorox Company, Lion Corp and several others.

The worldwide soap and other detergents market was value USD 100.04 billion in 2019. It is probable to increase at a compound annual growth rate (CAGR) of 7.5% and reach USD 133.85 billion by 2023.The soap and other detergents market has been geographically divided into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. During 2019, Asia Pacific registers for nearly 33% of the market.

The establishment of innovative new products is a foremost factor leading to growth of the soap and other detergent industry. Producers continue to aim on innovative product improvement to meet the unmet requirement of their customers. Corporates are launching anti-allergy soaps and natural ingredients comprising detergents that are widely implemented. For instance, during 2019, Unilever, a British-Dutch consumer goods company implemented new liquid detergent product under the brand Hindustan Unilever (HUL), 'Love Home and Planet', which is HUL's fifth fabric wash brand, thereby is propelling the requirement for the soap and other detergents market across the globe.

Not only has this, with the effective growth in the water scarcity worldwide, soap and other detergent producers are functioning continuously on generating opportunities for water-efficient laundry products. Such water-efficient laundry products demand less water for rinsing as these concentrated detergents comprises chemicals with less water dependent laundry ingredients. Furthermore, such products also cut down packaging and transportation price for the producers. In 2015, Unilever established the Sustainable Washing Challenge, focusing for advancement in the cleaning products and deduction in the water consumption utilized to wash clothes. Thereby, are propelling the market of soap and other detergents in the forecast duration more effectively.

For More Information, refer to below link:-

Global Soap And Other Detergents Market

Related Report:-

Global Caustic soda Market Size study, by Application (Electric Power, Alumina, Inorganic Chemical, Chemical, Food, Pulp & Paper, Soaps and Detergents, Textiles, Water Treatment, Steel/Metallurgy-Sintering, Others) and Regional Forecasts 2018-2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increase in Trends across Water Based Printing Inks Global Market Outlook: Ken Research

 The water-based printing inks market proficiently consists of sales of water-based printing inks and connected services used for the printing on fabric and paper. Water-based printing inks are mentioned to as aqueous inks and are peroxide and pigment inks. They are not the waterproof and diminish in UV light. The usage of water-based printing inks has been restricted owing to compatibility with substrate materials, but they are efficaciously used in several applications involving printing on fabric, paper, and some plastics.

According to the report analysis, ‘Water-Based Printing Inks Global Market Report 2020’ states that in the water-based printing inks global market there are several corporates which presently functioning more effectively for leading the highest market growth and registering the handsome value of market share around the globe during the inflowing years while decreasing the linked prices, improving the specifications of the water-based printing inks, delivering the better consumer satisfaction, implementing the profitable strategies, analyzing and studying the strategies and policies of the government as well as competitors, employing the young work force and increasing the specifications of the production technologies includes Flint Group, Huber Group, Sakata Inx, Siegwerk Druckfarben Ag & Co. Kgaa, Dic Corporation, Toyo Ink Sc Holdings Co., Ltd., Dow Corning Corporation, Evonik Industries Ag, T & K Toka Co., Ltd., The Sherwin-Williams Company and several others.

The worldwide water-based printing inks market was worth USD 5.16 billion in 2019. It is predicted to increase at a compound annual growth rate (CAGR) of 7% and reach USD 6.72 billion by 2023. Whereas, the Western Europe water-based printing inks market was greatest market in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 0.03%.

The 3D technology will be a driver of the printing inks market throughout the forecast period. With an augment in worldwide interest in 3D printing technology from customers, researchers, and industrial production, there is projected to be a high requirement for 3D printing inks. Dissimilar 2D inks which are envisioned for the fabrication of planar surfaces, 3D inks are proposed for the fabrication of volumetric constructs and devices. Throughout April 2018, researchers at Dartmouth College improved a smart ink that turns 3D-printed structures into objects that can transform the shape and color. The ink focuses to add even more functionality to 3D printing. Similarly, during June 2018, scientists at the Georgia Institute of Technology, Atlanta, improved a novel ink, which, when amalgamated with a fresh method of printing and with fluctuating lighting, hardens with the 3D printing object

Many entities in the printing inks market are transforming from producing of petroleum-based printing inks to producing of environmentally friendly printing inks (green printing inks). Unlike the petroleum-based printing inks, green printing inks do not comprise heavy metals or several other dangerous and toxic substances, therefore they do not cause unnecessary pollution in the landfill. The Green printing inks are based on supportable materials such as soy and several other plant based origins, which are more supportable than petroleum. Examples of green printing inks involve water-based and oil-based printing inks. The usage of green printing inks results in a deduction of volatile organic compounds (VOC) released throughout the printing process. Foremost players in the printing inks market such as DIC Corporation, Flint Group, Sakata Inx and several others are delivering the green printing inks as part of their offerings. Therefore, in the coming future, it is predicted that the market of water-based printing inks will increase around the globe more effectively over the inflowing duration.

For More Information, Click on the Link Below:-

Global Water-Based Printing Inks Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rise in Demand for Safety and Comfort in Vehicles Expected to Drive Global Automotive Shock Absorber Market: Ken Research

The automotive shock absorber is a mechanical or the hydraulic device widely used for absorbing the energy and preventing the vehicle from bouncing. The purpose of a shock absorber is to smoothen the ride of the passenger and decrease the overall effect of rough or the hard terrain. Shock absorber supports the vehicle weight and reduces the overall vibrations, providing the quality ride and vehicle handling capacity. Furthermore, the shock absorbers also enhance the drivability & controllability of vehicles, enabling consumers comfort and consciousness for better riding quality.

According to study, “Global Automotive Shock Absorber Market to reach USD XX billion by 2026” the key companies operating in the global automotive shock absorber market are Thyssenkrupp AG, ZF Friedrichshafen AG, SHOWA Corporation, Hitachi Automotive Systems Ltd., KYB Corporation, KONI BV, Tenneco Inc., Meritor Inc., Gabriel India Ltd., Mando Corp.

Based on type, automotive shock absorber market is segmented as damper shock absorber, air shock absorber, and others. Damper shock absorbers offer various features such as reduction of force capacity by letting out the gas, good adjustable configuration, and easy locking of the position of the dampers. Based on vehicle type, market is segmented as passenger car and commercial vehicle. The commercial vehicle segment holds major share in market owing to rise in demand for pickup trucks and vans for commercial purposes. In addition, based on sales channel, market is segmented as Original equipment manufacturer (OEM) and Aftermarket. The aftermarket segment is projected to witness higher growth due to increase in vehicle production along with rise in demand for premium vehicles during the forecast period.

The automotive shock absorber market is driven by increase in number of developments and demand for better shock absorbers, followed by rise in disposable income, stable economic conditions, rise in awareness regarding vehicle comfort and safety among consumers and increase in investment and research & development (R&D) activities. However, continuous change in technology in suspension system may impact the market. Moreover, growth in technological advancement and product innovations in material & design are key opportunities for market.

Based on geography, the North-American is the leading region in global automotive shock absorber market owing to significant expansion of the auto industry, increase in trends toward utility vehicles and luxury vehicles in the region. Moreover, the rise in number of mergers & acquisitions, collaborations, and joint ventures further initiated expansion and the regional market players to expand their geographical presence and consequently strengthen their position in the global market. Whereas, the Asian-Pacific and European regions are anticipated to shows higher growth rate due to increase in transportation activities and higher adoption rate of comfort-based components over the forecast period. In near future, it is estimated that the global shock absorber market is further expected to reach rise by a quick pace in resulting in rise in the production plants of vehicle coupled with the increase in sales of passenger and commercial vehicles over the forecast period.

For More Information, refer to below link:-

Global Automotive Shock Absorber Market

Related Report:-

Global Automotive Damper and Shock Absorbers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Landscape of Polystyrene Global Market Outlook: Ken Research

 The polystyrene market effectively consists of the sales of polystyrene and related services. The Polystyrene is a synthetic thermoplastic material created through polymerizing styrene. It is utilized in modeled products, foams and sheet materials.

According to the report analysis, ‘Polystyrene Global Market Report 2020’ states that in the polystyrene global market there are several corporates which recently operating more significantly for leading the highest market growth and dominating the handsome value of market share across the globe in the inflowing years while delivering the better consumer satisfaction, decreasing the linked prices, implementing the profitable strategies, analyzing and studying the strategies of the competitors and government, increasing the applications of such, improving the specifications of the production technologies, employing the young work force and spreading the awareness related to the benefits of such includes A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC, Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brodr. Sunde as, Chi Mei Corporation and several others.

The worldwide polystyrene market was worth USD 42.70 billion in 2019. It is projected to increase at a compound annual growth rate (CAGR) of 9.8% and reach USD 62.25 billion by 2023. The polystyrene market has been geographically divided into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Throughout 2019, Asia Pacific dominates for around 52% of the market.

The requirement for packaging products has augmented recently, particularly in emerging regions such as China and India. As the size of the middle-class grew in these regions, the consumption of processed foods, poultry, meat and agricultural products augmented. According to the World Bank, China's Gross Domestic Product (GDP) per capita augmented from USD 8,759 in 2017 to USD 9,771 during 2018 and India's GDP per capita augmented from USD 1,981 in 2017 to USD 2,010 during 2018. The rise in per-capita income in these regions resulted in the emerging middle-class buying more packaged goods. The requirement for packaged goods augmented the consumption of polystyrene for their packaging, propelling the market.

The Construction and packaging segments in developing countries are progressively utilizing the Expanded Polystyrene (EPS). EPS delivers design and structural cohesion to construction projects and enjoys physical and mechanical properties demanded for insulation. It is mostly utilized in the construction sector owing to properties of closed air low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. The EPS suggestions sound weight and volume performances linked to other building materials creating construction simple.

During February 2019, INEOS Styrolution, a styrenics contractor headquartered in Germany completed acquisition of two polystyrene sites from Total S.A. for an unnamed amount. The acquisition involves two polystyrene production sites in Ningbo and Foshan and two connected offices in Guangzhou and Shanghai. The transaction will augment INEOS Styrolution's manufacturing footprint across Asia, and delivers access to the domestic market across China. Total SA is a multinational oil and gas company headquartered in France. Therefore, in the near duration, it is predicted that the market of polystyrene will increase around the globe more effectively over the upcoming years.

For More Information, Click on the Link Below:-

Global Polystyrene Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

High Demand for Palm Oil in End Use Industry Expected to Drive Global Sustainable Palm oil Market: Ken Research

The palm oil is an edible vegetable oil obtained from mesocarp of oil palms. The oil is made in reference to rule of round on sustainable palm oil (RSPO). RPSO is an organization which is established for transforming the markets for making a sustainable palm oil as a norm. The sustainable palm oil is red in color due to high amount of beta carotene content in it. The advantage associated to being low in cholesterol content has led to sustainable palm oil driving the primary force fueling the market growth over the sustainable palm oil market. Moreover, there have been rise in number of cardiovascular disease patients globally, this has led to surge in demand for sustainable palm oil. The palm oil wide scale applications over a variety of industries have led to production of key products such as ice cream, soaps, lipstick, detergents, and others, is also expected to propel the growth of sustainable palm oil market over the forecast period.

According to study, “Global Sustainable Palm oil Market to reach USD 29.6 billion by 2026” the key companies operating in the global sustainable palm oil market are Golden Agri-Resources Limited, United Plantation Berhad, Sime Darby Plantation Sendirian Berhad, New Britain Palm Oil Limited, Kulim Berhad, Wilmer International Limited, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Cargill, SIPEF Group Belgium.

Based on the availability of the types of the palm oil, sustainable palm oil market is segmented into palm kernel oil, red palm oil, fractional palm oil, and white palm oil. In addition, based on application, market is segmented into food, soap, pet food, and detergents, and cosmetics. The food segment is further sub-segmented into the bakery, ice cream & other frozen desserts, confectionery products, and margarine.

The sustainable palm oil market is driven by supportive government norms & initiatives to support sustainable palm oil production, followed by rise in utilization of palm oil as an ingredient and growth in adoption in various end-user industries such as food and personal care & cosmetic. However, price volatility of palm oil and low awareness about the sustainable palm oil’s (SPO) may impact the market. Moreover, health benefits associated with palm oil and growth in initiatives in palm oil production by the market players are key opportunities for market.

Based on geography, the European region dominates the global sustainable palm oil market owing to high demand for palm oil in end use industry such as food industry in the region. Whereas, the Asian-Pacific and North-American regions are anticipated to exhibit substantial growth rate due to presence of top producer and consumer of palm oil namely Indonesia and Malaysia over the forecast period. In upcoming years, it is estimated that future of the global market will be optimistic on account of environment-friendliness of palm oil during the forecast period. The global sustainable palm oil market is valued approximately US $16.3 billion in 2019 and is likely to grow with a healthy growth rate of more than 9.17 % over the forecast period 2020 to 2026.

For More Information, refer to below link:-

Global Sustainable Palm Oil Market

Related Report:-

Global Sustainable Palm Oil Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rise in Demand for Semi-Conductor and Electronic Devices Expected to Drive Global High-k and ALD/CVD Metal Precursors Market: Ken Research

 High-k is a material having a high dielectric constant and threshold for the comparison being the dielectric constant of the silicon dioxide, it has been also been for decades and is a de-facto material used for the gate dielectric layer of the device. The High-k dielectrics is commonly used in the process of semiconductor manufacturing, with a strategy well known to come over a use for allowing further reduction in size of the microelectronic components.

The Atomic layer deposition (ALD) and chemical vapor deposition (CVD) are thin films used for depositing techniques, with the ALD often being considered as a sub-set of CVD and the techniques depending on the sort of chemical reaction between substrate and material deposited. Further, these processes are often being used over the production of thin films in the semiconductor industry. The ALD method is widely used for depositing the multi-component thin films by co-injecting the precursors such as Hf and Si forming a single layer, homogenous film used for several applications

According to study, “Global High-k and ALD/CVD metal precursors Market to reach USD 952.73 million by 2026” the key companies operating in the global High-k and ALD/CVD metal precursors market are Air Products and Chemicals, Inc., Adeka Corporation, Merck Group, SAFC Hitech (Sigma-Aldrich Corporation) (Acquired by Merck KGaA), Dynamic network Factory, UP Chemical Co. Ltd., DOWDUPONT, Nanmat Technology Co. Ltd., JSR Corporation, TANAKA KIKINZOKU, Praxair Inc.

Based on product type, High-k and ALD/CVD metal precursors market is segmented as capacitor/memory, interconnect, gates and others. The interconnect is a fabrication technique that widely uses Copper (Cu) or Aluminum (Al) for patterning the metals as well as designed to introduce the barrier metal layers in order to protect the Silicon (Si) from the potential damage over an Integrated Circuit (IC). In addition, based on application, market is segmented as semiconductor industry and non-semiconductors arenas.

The High-k and ALD/CVD metal precursors market is driven by increase in applications of high-k materials in LEDs, followed by rise in demand in nanotechnology applications and growth in demand for improved semiconductor devices. However, risks associated with higher impurity levels may impact the market. Moreover, extensive research & development (R&D) and government policies supporting semi-conductor industry are key opportunities for market.

Based on geography, the Asian-Pacific region holds major share in High-k and ALD/CVD metal precursors market owing to growth in electronic industry coupled with high application potential of semiconductors in smartphones and automotive industry in the region. Whereas, the North-American and European regions are estimated to witness higher growth rate due to early adoption of the technologies in countries such as Canada and the U.S. over the forecast period. In upcoming years, it is predicted that future of the global market as a result of continuous rise in demand for miniaturized semiconductor device during the forecast period. The global High-k and ALD/CVD metal precursors market is valued approximately US $528.99 million in 2018 and is expected to grow with a healthy growth rate of more than 7.83 % over the forecast period 2019 to 2026.

For More Information, Click on the Link Below:-

Global High-k and ALD/CVD metal precursors Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249