Friday, June 19, 2020

India Road Freight Market is Expected to Cross INR 9,500 Bn by 2024: Ken Research


The truckers who have bought trucks with 50-100% institutional finance will see a tough time due to COVID 19 and need to maintain 90% capacity utilisation for upcoming EMIs, Insurance premiums & Permit with same freight cost in spite of high diesel cost.

The Government is investing ₹ 20-30 Tn (15% via PPP) in transport infrastructure with focus on rural & last mile connectivity & increase in outlay of 39% to PMGSY.
Government Change in Regulations such as Revision in GST norms to increase the transparency, Restrictions on the age of trucks and Revision in Axle Load Norms to Bring GVW at par with Global Markets will impact the Road freight market.
Covid-19 Impact on Trucking Industry in India:  During the Lockdown phase, Imports and Exports have fallen from major trading partners such as China, US and UAE affecting the road freight volumes transported from ports to other parts of India. Majority of the truckers are Small fleet operators who are the worst hit as they need to maintain 90% capacity utilization in order to bear additional expenses such as EMI, Insurance Premium and Permits. LFO s and MFOs who are more inclined towards Asset light model are even affected due to shortage of Drivers and labourers. The trucking will see negative growth rate in the FY’2021 due to complete lockdown and transportation of only essential commodities, but is expected to revive back in FY22.
Revision in Road Freight Norms by Government: The government regulations such as axle norms increasing Maximum Possible Payload reducing freight rates, phasing out older & polluting vehicles that are over 15 years old, GST to Increase Transparency, Reduce Delays and Administration Costs will Impact the Road Freight Industry.
Adoption of New Technology: Companies have started adoption of new technologies such as TMS, GPS for real time tracking assuring transparency to their clients.  Larger Domestic Companies are even moving towards Asset Light Model having tie ups with Local Subcontractors. Digital Freight brokerage platforms such as Rivigo, Truckola, Trucksuvidha   and many more are being very popular in India and are used by many companies for short and long hauls solving the problem of empty returns and maintaining their margins.
Analysts at Ken Research in their latest publication “India Road Freight Market Outlook to 2024 – Driven by BS VI Norms, revision in Existing Axle Norms by the Government and Technological Advancements” believe that the Road Freight Market in India is expected to grow due to rising Competition in Road freight market, Rising Digital aggregator Start ups for trucking and e commerce market, Introduction of GST, E way Bills, Fastags along with Technological Advancements.
Key Segments Covered:-
Freight Forwarding Market
By  Mode of Transportation
Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)
Sea Freight (Volume, Price/ton/km, Revenue and Inland Coastal Shipping Price/ton/km)
Air Freight (Volume, Price/ton/km and Revenue)
By Road transportation
Less than Truck load (Revenue)
Full truck load (Revenue)
By Type of Fleets (Number of Fleets)
Less Goods Carrier Vehicles
High Goods Carrier Vehicles
Companies Covered:-
GATI-KWE
VRL Logistics
TCI
OM Logistics
DGFC
Varuna
Express Logistics
Aggarwal Packers and Movers
NTC Logistics
FSC
Associated Road Carriers
KerryIndev Logistics
Coastal Roadways
Stellar Value Chain
Sical Logistics
VTrans
CEVA
Anand Roadlines
Southern Cargo
Andhra Bangalore Roadways
DHL
CTC Freight Carriers
Mahindra Logistics
ALL Cargo
TVS
Key Target Audience:-
Freight Forwarding Companies
E Commerce Logistics Companies
3PL Companies
Consultancy Companies
Logistics/Warehousing Companies
Time Period Captured in the Report:-
Historical Period – FY14-FY19
Forecast Period – FY20-FY24
Key Topics Covered in the Report:-
India Logistics and Warehousing Market Introduction
Logistics Infrastructure
Cross Comparison of Logistics Performance in Different Countries (Germany, US, India, Australia, China, Vietnam, Philippines)
India Logistics and Warehousing Market Size
India Logistics and Warehousing Market Segmentation
India Logistics and Warehousing Market Future Outlook
India Logistics And Warehousing Market Future Segmentation
India Freight Market Size
India Freight Market Segmentation
India Freight Market Future Outlook
India Freight Market Future Segmentation
India Trucking Market Size
India Trucking Ecosystem
India Trucking Market Segmentation
India Trucking Market Future Outlook
India Trucking Market Future Segmentation
Innovations in Transportation Market
Investment Model on Road freight transportation
Regulatory Environment
Issues and Challenges
For More Information on the research report, refer to below link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Future of Philippines Frozen Storage Market Outlook: Ken Research

What Is the Scenario of Food Wastage in Southeast Asian Nations?
As per Ken Research Analysis, The Philippines has the highest food wastage in Southeast Asia. The increasing population in the region, especially the Philippines is anticipated to augment the demand for food and beverages requiring cold storage. Cold chain sector is projected to require increasing initiatives, including investments by both the government and private sector to overcome challenges of food wastage as the shortage of cold storage pallets is a key contributor to this wastage.
According to the Journal of Developments in Sustainable Agriculture 11, Institute of Food Science and Technology, substantial post-harvest losses of up to ~% were recorded from the initial harvesting, grading, packaging, and transportation from the field to storage and distribution to the consumers in The Philippines. The cold chain system allows the transfer of agricultural produce from farm to market at controlled temperature and relative humidity. Most growers in the Philippines lack farm to cold storage facilities. Thus, perishable produce is often left in the open or kept under ambient temperature conditions.
What Is the Scenario of Competition in the Philippines Frozen Storage Market?
There are estimated ~ non-captive players that provide accredited freezer services with a temperature range of -10C to -40C to clients in the Philippines. The market is presently in the growth stage and expected to only get more fragmented by 2025. Major players in the Philippines Frozen Storage Market include Jentec Cold Storage, Glacier Megafridge, Mets Logistics, Royale Cold Storage and ORCA Cold storage which account for approx. ~% of market share by pallet position. Level of automation, level of certification, provision of blast freezers, provision of cold transport, location of cold storage warehouses, high pallet capacity and price per pallet per day are a few key competing factors among these major players.
What Is the Future Outlook of Philippines Frozen Storage Market?
Philippines frozen the storage market is expected to register a positive CAGR of ~% over the forecast period 2019-2025. The key contributing factors for such high growth include mounting of foodservice industry owing to change in lifestyle and consumption habits, increasing infrastructure investment to improve connectivity for cold transport business, high domestic demand for fish and seafood products, rising ISO and LEED certifications growing meat consumption and rise in the level of competition. The increasing competition in the industry will result in a significant price drop by the year 2025.
Key Segments Covered: -
Types of Products:
Meat and Seafood
Fruits and Vegetables
Dairy Products
Bakery and Confectionary
Vaccination and Pharmaceuticals
Others (Include animal feed, hotdogs, burgers, fries, chemicals and several 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: 2014-2019
Forecasted Period: 2020F-2025F
Companies Covered:
Jentec Cold Storage
Glacier Megafridge
Mets Logistics
Royal Cargo
Big Blue Logistics
Royale Cold Storage
ORCA Cold Chain
Vifel Ice Plant & Cold Storage
Koldstor Inc.
Polar Bear Freezing Services
Frabelle Cold Storage
Arctic Cold Storage
Igloo Supply Chain
Antarctica Cold Storage
VVS Cold Storage
Crystal Cold Storage
Benson Industrial Cold Storage
JM Processing
Cold Chain Warehouse Specialist
San Simon Cold Storage
Cebu Subzero Logistics
Estrella Cold Storage
WCL Cold Storage
Technofreeze
Aspen Cold Storage
Key Topics Covered in the Report: -
Executive Summary
Research Methodology
Ecosystem of Philippines Cold Chain Market
Infrastructural Analysis of Philippines
Value Chain Analysis of Philippines Cold Chain Market
Comparative Analysis of Philippines with Other Cold Chain Markets Philippines Cold Chain Market
Philippines Cold Storage Market
Philippines Cold Transport Market
Regulatory Landscape of Philippines Cold Chain Market
Trends and Developments in Philippines Cold Chain Market
Issues and Challenges in Philippines Cold Chain Market
Decision Making Parameters for End Users in Philippines Cold Chain Market
SWOT Analysis of Philippines Cold Chain Market
Competitive Landscape in Philippines Cold Chain Market
Macroeconomic Factors Impacting Philippines Cold Chain Market
Analyst Recommendations
For More Information on the research report, refer to below links: -
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Philippines

Supported Properties Coupled with Increase in Industrialization to Drive the Demand Kaolin Mining Market: Ken Research

Kaolin is white and plastic clay, rich in kaolinite mineral also known as China Clay. Based on its key properties the whiteness, and plasticity it is widely used in applications such as filler, extender, and pigments. It is also used in refractory industries due to the high melting point and non-abrasiveness. The kaolin mining market consists of sales of kaolin or the use of china clay over different entities which mine kaolin or the china clay they are further distinguished from industrial clays based on fine particle size and pure coloring. It also has the ability to dispersing water making an ideal pigment.
According to study, “Kaolin Mining Global Market Report 2019” the key companies operating in the global kaolin mining market are BASF SE, Arcilla Mining and Land, English Indian Clays, Imerys, Howard Sheppard, KaMin, Uma Group of Kaolin, Quarzwerke, Thiele Kaolin, Sibelco, Ashapura Group. The key players are focusing on strategies associated with mergers & acquisitions, agreements, partnerships, expansions, investments, and divestments, helping them to substantially expand their business opportunities in the untapped and potential markets.
Based on the source, the kaolin mining market is segmented into natural and synthetic. Based on product type, the market is segmented into paper, paint, fiberglass, ceramics & sanitary wares, kaolin-rubber, and others. In addition, based on the end-user industry, the market is segmented into the paper industry, paint & coating industry, rubber industry, ceramic industry, and other industries. Kaolin improves paper appearance, characterized by gloss, smoothness, illumination, and opaqueness. Kaolin also improves ink absorption and ink pigment holdout, and roughness.
The wide-scale use of Internet of Things (IoT) technology giving miners greater assistance by adding insights related to working conditions for their equipment. The sensors on kaolin mining machinery further drive predictive maintenance which in turn reduces the likelihood of unplanned, unscheduled downtimes that leads to draining of resources of mining companies
The kaolin mining market is driven by a rise in the use of kaolin in the production of paper to improve the texture, smoothness, and gloss, followed by growth in per capita disposable income, increase in industrialization and rise in demand for kaolin in end-use industries, such as pulp & paper and ceramic. However, long term exposure to kaolin causes several lung-related diseases for instance chronic bronchitis and pulmonary emphysema may impact the market. Moreover, increase in the use of kaolin to produce white-ware products such as porcelain vessels and others is a key opportunity for the market.
Based on geography, the North-American region holds the major share in the kaolin mining market owing to the rise in demand from the pulp & paper industry in the region. Whereas, the North-American and European regions are estimated to exhibit substantial growth rate due to the increase in the use of kaolin in the production of fiberglass and ceramics materials parts in aerospace and aviation applications coupled the rising exports from the US over the forecast period. In the near future, it is anticipated that the market will be reached at a rapid pace as a result of the rise in demand from the ceramic industry during the forecast period.
For More Information on the Research Report, refer to below links: -
Related Report: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: India

Extensive Advancement in Farm Product Warehousing and Storage Global Market Outlook: Ken Research

The farm product warehousing and storage market progressively comprises of sales of farm product warehousing and storage services by several entities (organizations, sole traders and partnerships) that deliver the farm product warehousing and storage facilities and services.

According to the report analysis, ‘Farm Product Warehousing and Storage Global Market Report 2019’ states that in the farm product warehousing and storage global market there are numerous companies which presently operating more actively for leading the highest market growth and dominating the great value of market share around the globe in the near years while developing the facilities and services of warehousing, implementing the advanced technologies, increasing the applications of such, decreasing the related cost of warehousing and storage, spreading the awareness related to the benefits, applications and specialties of such, and studying and analyzing the government rules and regulations includes Archer Daniels Midland Company, Cargill, CBH Group and several others.

In addition, the warehouse operators are now assembling the multi-story warehouses in compactly populated regions and luxurious land spaces. The multi-story warehouse is a warehouse comprising of more than one floor premeditated to augment the functioning floor space per square foot of land. It results in better land exploitation rate and augments the operational effectiveness. The Multi-story warehouses have been efficacious in compactly inhabited cities principally in Asian regions such as China, Japan, Hong Kong and Singapore, owing to the high land and construction prices, small site areas and limited industrial land obtainability.

In addition, the Multi-story warehouses in Hong Kong average 12 floors. Prologis, the world's principal warehouse owner, has also begun construction to figure the opening multi-story warehouse in the USA. However, the warehouse corporates should contemplate constructing multi-story warehouses to generate the better usage of prevailing land resources. Not only has this, the growth in the farm product warehousing and storage market can be accredited to the augmenting retail penetration.

With the effective growth in the consumption of processed food products, the scope and prospective for the worldwide farm product warehousing and storage market is predicted to suggestively increase in the review duration.

Although, the great players in farm product warehousing and storage global market are significantly implementing the policies and strategies such as joint ventures, mergers and acquisitions, partnerships, amalgamation, collaborations and new product development for obtaining the competitive edge, ruling across the globe, and generating the great percentage of revenue.

Additionally, based on the region, the market of farm product warehousing and storage is spread around the globe which majorly involves Asia Pacific region, North America, Europe, Africa and Rest of the World. However, the North America was the greatest region in the worldwide farm product warehousing and storage market, dominating for 34% of the market in 2018. Asia Pacific region was the second largest region registering for 32% of the worldwide farm product warehousing and storage market. For instance, the Africa was the smallest region in the worldwide farm product warehousing and storage market. Therefore, in the near duration, the market of farm product warehousing and storage will increase around the globe over the forth coming duration more progressively.

For More Information, Click on the Link Below:-
Global Farm Product Warehousing and Storage Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Growing Scenario Of Global Fedlspar Mining Market Outlook: Ken Research


The feldspar mining market consists of sales of feldspar by numerous entities (organizations, sole traders and partnerships) that the mine feldspar from the pegmatite or feldspathics and deposits. Aplite, which is a fine-grained igneous rock with the similar mineralogical conformation as granite, also is mined commonly for its feldspar content.

According to the report analysis, ‘Feldspar Mining Global Market Report 2019’ states that in the feldspar mining worldwide market there are numerous companies which recently functioning more actively for leading the highest market growth and dominating the handsome value of market share around the globe in the near duration while developing the better consumer satisfaction, decreasing the linked price, increasing the applications of the feldspar mining, spreading the awareness related to the feldspar mining, employing the innovative technologies at site and young workforce, and analyzing the government’s rules and regulations includes Imerys, Minerali Industriali, Sibelco, Sun Minerals, Quartz Corp and several others.

In addition, the corporate includes in Feldspar mining are progressively utilizing the low energetic production machines involving the dust cleaning machines to sustenance the environmental duties and usage less energy. Foremost corporate introducing the low energetic production machines are Hosokawa Alpine, Allgaier, Morgensen, Waishaupt, Metso Minerals and several others.

The Acquisitions, R&D activities, and implementation of the advanced technologies are some of the foremost strategies implemented by feldspar market players. In the recent scenario, the market presents a great level of consolidation, with a minor of manufacturers registering for the comparatively large revenue share.

Although, the feldspar is one of the most plentiful minerals institute within the earth’s crust. The feldspar’s chemical ingredients involves alumina, alkalis such as potassium oxide and sodium oxide, along with some of the trace elements likewise the iron oxide. Presence of alumina delivers for augmented the resistance to chemical corrosion, while alkalis deliver the heat resistance. Due to such characteristics, feldspar has numerous industrial application viz., as a raw material in the glass & ceramics, coating for welding rods and as extenders and putties in the paint industry. Some feldspar product varieties involve orthoclase, sanidine, anorthite, albite, oligoclase, bytownite, and potassium feldspar (K-spar).

Furthermore, the effective increase in the production and consumption of feldspar in regions such as Germany, Italy, Spain, Poland and western fragments of Russia has predicted to feature the market participants in economy, in terms of raw material procurement. The economy will endure to scratch a momentous growth rate, in the view of mounting requirement for the glass and ceramics in construction and automotive industries and in producing of electronic sensors and medical devices.

Based on the region, the Western Europe was the greatest region in the worldwide feldspar mining market, registering for 37% of the market in 2018. The Asia Pacific region was the second largest economy dominating for 21% of the worldwide feldspar mining market. North America was the smallest economy in the worldwide feldspar mining market. Therefore, in the near years, it is anticipated that the market of feldspar mining will increase around the globe over the coming future more significantly.

For More Information, refer to the below link: –
Global Fedlspar Mining Market

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