Global Thermoformed Plastics Market is growing at a CAGR of ~7% during (2017-2028): Ken Research

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Global Thermoformed Plastic Market By Geography

The Global Thermoformed Plastic market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America held the largest market share among all other regions within the Global Thermoformed Plastics Market in 2022, due to the rapid industrialization and advancements in the packaging industry. The growing number of manufacturers and suppliers of thermoformed plastic products in the region is expected to drive the industry.

The growth of the automotive market and the subsequent demand for lightweight components to improve the efficiency of vehicles are anticipated to drive the regional demand for thermoformed plastics. The US federal government invested US$ 2,000 billion in infrastructure improvements over ten years, beginning in 2020. The USA has a stable economy and robust financial capabilities that encourage more infrastructure spending in the country. This, in turn, is expected to boost demand for thermoformed plastics in the building industry.

Competition Scenario In Global Thermoformed Plastic Market

The Global Thermoformed Plastics Market is highly competitive with ~300 players, including globally diversified players, regional players, and many country-niche players. Most of the country-niche players are suppliers of raw materials for Thermoformed Plastics used in various end-user industries.

Regional Players Constitute ~35% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors. Some of the major players in the market include D&W Fine Pack., Genpak LLC, Greiner Packaging, Pactiv LLC, Placon, Silgan Holdings Inc., Sonoco Products Company, Dongguan Ditai Plastic Products Co. Ltd, Spencer Industries Incorporated, Berry Global Inc., among others.

What is the Expected Future Outlook for the Overall Global Thermoformed Plastic Market Across the Globe?

The Global Thermoformed Plastic market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future. The Global Thermoformed Plastic market is driven by rising demand for effective packaging solutions across all the major industries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing investments and emergence of new products, the Global Thermoformed Plastic market is changing rapidly. For instance, In August 2022, Berry Global launched thermoformed and injection stretch blow molded food packaging products manufactured from recycled PET (rPET). Combi Pac, Combi Round, Superlight, Spoon-in-lid and Deli Pac are some of the 100% recyclable thermoformed plastics products used for the food packaging.

Furthermore, In September 2021, Berry Global invested US$ 110 million to expand its PP thermoforming manufacturing capabilities in North America as part of its long-term strategic growth commitments. The Global Thermoformed Plastics Market witnessed a a slow growth, owing to the restricted supply-chain worldwide. The demand from various end-use industries was reduced except for healthcare and pharmaceuticals. Due to the high requirement for masks globally during the COVID, thermoformed plastics manufacturers were continuously engaged in the production process. The market condition is expected to get even better in 2022, owing to the consumers’ preference for health and hygiene The market is primarily driven by increasing usage of thermoformed plastics in healthcare, buildings & construction, packaging, automotive, and other industries. Though the market is highly competitive with over ~300 participants, country-niche players control the dominant share in the market and regional players also hold a significant share.

Market Taxonomy

Product Type

• Polymethyl Methacrylate (PMMA)
• Bio-degradable polymers
• Polyethylene (PE)
• Acrylonitrile Butadiene Styrene (ABS)
• Poly Vinyl Chloride (PVC)
• High Impact Polystyrene (HIPS)
• Polystyrene (PS)
• Polypropylene (PP)

Thermoforming Type

• Vacuum Forming
• Pressure Forming

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Thickness

• Thin Gauge
• Thick Gauge

End-User

• Food Packaging
• Agriculture Packaging
• Consumer goods & appliances
• Healthcare & Pharmaceutical
• Construction
• Electrical & electronics
• Automotive Packaging & Structures

By Region

• North America
• USA
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy

Rest of Europe

• Asia Pacific
• China
• Japan
• South Korea
• India
• Indonesia

Australia Rest of Asia Pacific

• LAMEA
• Latin America
• Middle East
• Africa

Key Players

• D&W Fine Pack.
• Genpak LLC
• Greiner Packaging
• Pactiv LLC
• Placon
• Silgan Holdings Inc.
• Sonoco Products Company
• Dongguan Ditai Plastic Products Co.,Ltd
• SPENCER INDUSTRIES INCORPORATED
• Berry Global Inc.

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Global Thermoformed Plastics Market

Global Pharmaceutical Packaging market expected to record a CAGR of ~9% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Pharmaceutical Packaging Industry?

Global Pharmaceutical Packaging market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Pharmaceutical Packaging Market is largely driven by the surging demand for pharmaceutical products to treat various diseases including chronic diseases, digestive disorders, and others, which ultimately boosting the demand for pharmaceutical packaging to protect medicines or drugs from chemical, physical damage, and microbial contamination.

The increasing concern related to the harmful impact of packaging on the environment among consumers and manufacturers is surging the demand for eco-friendly and sustainable packaging in the pharmaceutical industry. The growing demand for sustainable packaging is likely to create immense opportunities for the growth of the pharmaceutical packaging market in the forthcoming years.

The rising prevalence of various diseases including cardiovascular diseases, digestive disorders, infectious diseases, and others increased the demand for pharmaceutical products and their packaging, which is expected to aid the growth of the global pharmaceutical packaging market.

Furthermore, The availability of counterfeit pharmaceutical products along with the shortage of raw materials to manufacture pharmaceutical packaging products is the most significant barrier to the growth of the pharmaceutical packaging industry globally.

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Global Pharmaceutical Packaging Market By Material

The Global Pharmaceutical Packaging market is segmented by Material into Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil and Others.

Plastics & polymers segment held the largest share of the Global Pharmaceutical Packaging Market in 2022, owing to the various advantages offered by plastic and polymers such as durability, recyclability, flexibility, leakage resistance, lightweight, and others. The demand for various types of plastic including polypropylene (PP), PET, HDPE, PVC, and others is increasing to manufacture caps, lids, trays, plates, blister packages, bottles, bags, and others, which is anticipated to propel the growth of the pharmaceutical packaging market globally. The surging demand for recyclable, biodegradable, and lightweight materials for pharmaceutical use is encouraging manufacturers to launch new packaging products made from plastic and polymers in the market.

Global Pharmaceutical Packaging Market By Packaging Type

The Global Pharmaceutical Packaging Market is segmented by Packaging type into Tertiary Pharmaceutical Packaging, Secondary Pharmaceutical Packaging and Primary Pharmaceutical Packaging.

Primary pharmaceutical packaging segment held the largest share of the Global Pharmaceutical Packaging Market in 2022, owing to the growing demand for packaging products that provides quality assurance, safety during transportation, and prevention from contamination. The primary pharmaceutical packaging includes products such as bottles, tubes, blister packs, and others. It comes in direct contact with the drug or medicines, enveloping it and protecting it from environmental contaminations.

Global Pharmaceutical Packaging Market By Product Type

The Global Pharmaceutical Packaging market is segmented by Product type into Bottles, Caps & Closures, Pre-Fillable Inhalers, Pre-Fillable Syringes, Vials & Ampoules, Blister Packs, Bags & Pouches, Jars & Canisters, Cartridges and Others.

Bottles segment held the largest share of the Global Pharmaceutical Packaging Market in 2022, due to the growing demand to store liquid drugs, powders, capsules, and others to preserve, protect, and store pharmaceutical products. Moreover, the demand is increasing owing to its durability, easy usage, child resistance, and convenience for the end-users.

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Key Topics Covered in the Report

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

 Major Companies Profiled in the Report

• Amcor plc
• Becton D
• AptarGroup, Inc.
• Gerresheimer AG
• West Pharmaceutical Services, Inc.
• WestRock Company
• CCL Industries
• Berry Global, Inc.
• Nipro Europe Group Companies
• Mondi plc

Notable Emerging Companies Mentioned in the Report

• Bormioli Pharma
• Keystone Folding Box Co.
• Klöckner Pentaplast Group
• Schott AG
• International Paper
• Origin Pharma Packaging
• Lonza Group AG
• Drug Plastics Group
• Vetter Pharma International

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

• Pharmaceutical Manufacturers
• Pharmaceutical Suppliers
• Retail Pharmacy
• Institutional Pharmacy
• Pharmaceutical Packaging Manufacturers
• Pharmaceutical Packaging Distributors
• Pharmaceutical Associations
• Governmental Regulatory Bodies
• Pharmaceutical Packaging Investors
• Pharmaceutical Logistics Service Providers
• Pharmaceutical Packaging Investors
• Pharmaceutical Packaging R&D Companies

Period Captured in the Report

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

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Global Pharmaceutical Packaging Market

Global Polyamide market revenue to reach US$ 50 Bn by 2028: Ken Research

 Global Polyamide Market By Geography

The Global Polyamide market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

The Asia Pacific accounted for the largest market share in 2022 within the total Global Polyamide Market.

The automotive sector has rapidly expanded in recent years, particularly in the Asia Pacific region. The sector has grown as a result of changing socioeconomic patterns.

Major corporations are moving their developed bases to nations like India, China, and Indonesia due to the availability of cheap labor, beneficial regulations, and government efforts to give attractive FDI legislation.

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Competition Scenario In Global Polyamide Market

The Global Polyamide Market is highly competitive with ~400 players which include globally diversified players, regional players as well as a large number of country-niche players.

Country niche players constitute 60% of the competitors, followed by regional players with 35% of the market presence. Some of the major players in the market include Honeywell International Inc., BASF SE, Evonik Industries AG, DuPont de Nemours Inc., Teijin Limited, LANXESS AG, Invista, Formosa Plastics Group, Koninklijke DSM NV, Domo Chemicals GmbH, Mitsubishi Chemical Holdings, and others.

What Is The Expected Future Outlook For The Overall Global Polyamide Market Across The Globe?

The Global Polyamide market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Polyamide market is driven by increase in demand from the construction and coating industries, growing demand from other end-use industries, and the waterproof characteristics of polyamide. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing acquisition and investments, the Global Polyamide market is changing rapidly. For instance, In October 2022, Evonik Industries AG expanded its sustainable elastomer line with the launch of a new polyamide 12 (PEBA) elastomer made 50% from recycled tires. Vestamid eCO E40 substitutes 50% of its fossil source ingredients with "materials produced via chemical recycling of old tires."

In January 2022, Domo Chemicals, a polyamide industry supplier, expanded the market presence of its TECHNYL branded products and has made the products available to its customers globally. Major applications being served by the brand includes light engineering solutions, high thermal and chemical resistance, flame retardant materials for advanced electrical protection, and high aesthetic materials with add-on solutions for friction & extrusion and wear resistance. Customers globally.

In November 2021, BASF launched a research and development facility at Korea’s Engineering Plastics Innovation Center, Ansan. In addition to other new abilities and a Consumer Electronics Competency Center, the new building contains the combined R&D team and competencies from its recent acquisition of Solvay's polyamide business.

The Global Polyamide Market is forecasted to continue a positive growth during the forecast period. One of the main trends driving market expansion is the high adoption rate of polyamide in various industries due to its properties like strong mechanical qualities, wear resistance, chemical resistance, and low gas permeability along with natural polyamide’s eco-friendly nature. The market is highly competitive with ~400 participants concentrating on expansion strategies through product innovations as well as acquisitions and mergers.

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Key Topics Covered in the Report

• Snapshot of Global Polyamide Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Polyamide Market
• Historic Growth of the Overall Global Polyamide Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Polyamide Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Polyamide Market
• Future Market Forecast and Growth Rates of the Total Global Polyamide Market and by Segments
• Market Size of Product / Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Polyamide 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 Regions

Major Players Profiled in the Report

• Honeywell International Inc.
• BASF SE
• Evonik Industries AG
• DuPont de Nemours Inc.
• Teijin Limited
• LANXESS AG
• Invista
• Solvay SA
• Koninklijke DSM NV
• Domo Chemicals GmbH
• Mitsubishi Chemical Holdings

Emerging Companies Mentioned in the Report

• Toray Industries, Inc.
• Premier Chemical Industries
• Ter Chemicals Distribution Group
• Norelem
• Viscofan Group

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Global Polyamide market

Global Thermoformed Plastics Market is forecasted to reach a market size of ~US$ 60 billion during (2017-2028): Ken Research

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What Is the Size of Global Thermoformed Plastic Industry?

Global Thermoformed Plastic market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.  The Thermoformed Plastic Market is largely driven by rising demand for effective packaging solutions across all the major industries.

Thermoformed plastics are most commonly used to make clamshell packages, package blisters, mailer trays, retail package liners, and many others. The wide acceptance of these products is fueling market growth. Furthermore, thermoformed plastics are also used in the infrastructure and automotive industries. In building and infrastructure, thermoformed plastics are used mainly for insulation applications, whereas in automotive, it has applications in interior and exterior body parts of automobiles.

The major challenge faced by the market is the volatile prices of the raw materials used for making thermoformed plastics. Hydrocarbon fuels such as crude oil, natural gas, and coal are the most common primary sources of thermoformed plastics. The regulations over the preservation of natural resources act as a restraining factor for the market. Social upheaval in major crude oil-producing countries, including Libya, Venezuela, Nigeria, Iran, and Iraq, has harmed crude oil production, causing demand and supply irregularities. The market is expected to exhibit significant growth in the forecast period due to surging demand for thermoformed plastics products in the healthcare and pharmaceutical industries.

Global Thermoformed Plastic Market By Product Type

The Global Thermoformed Plastic market is segmented by Product Type into

Polymethyl Methacrylate (PMMA), Bio-degradable polymers, Polyethylene (PE), Acrylonitrile Butadiene Styrene (ABS), Poly Vinyl Chloride (PVC), High Impact, Polystyrene (HIPS), Polystyrene (PS) and Polypropylene (PP). The Polypropylene (PP) segment held the largest market share in the global Thermoformed Plastics market in 2022, owing to its wide area of applications in food packaging products. PP is a thermoplastic polymer and is widely used to produce food packaging products such as cups, trays, margarine tubs, sandwich packs, disposable products, beverage glasses, and microwaveable containers.

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Global Thermoformed Plastic Market By Thermoforming

The Global Thermoformed Plastic Market is segmented by Thermoforming into Vacuum Forming and Pressure Forming. The Vacuum Forming segment held the largest market share in 2022 in Thermoformed plastic market. Vacuum form is often used to create packaging for a wide range of products, including food, medical devices, electronics and more.

One of the advantages of vacuum forming is that it allows for the creating of complex shapes at a low cost, as compared to other manufacturing process. Vacuum forming is a versatile process that can be used to produce a wide range of products, including packaging, trays, covers and more. It is particularly well-suited for creating large, simple shapes and is an economical option for producing low to medium volume run of parts.

Global Thermoformed Plastic Market By Thickness

The Global Thermoformed Plastic market is segmented by Thickness into Thin Gauge and Thick Gauge. Thin Gauge segment held the largest market share in the global Thermoformed Plastics market in 2022, owing to its huge demand in the healthcare sector for the manufacturing of medical device packaging trays. Thin Gauge thermoformed plastics are manufactured through contact, radiant and air heating techniques. The global virus spread has resulted in high demand for medical plastics due to which manufacturers are using thin thermoforming techniques to produce plastics for the healthcare industry.

Global Thermoformed Plastic Market By End-User

The Global Thermoformed Plastic market is segmented by End-User into Food Packaging, Agriculture Packaging, Consumer goods & appliances, Healthcare & Pharmaceutical, Construction, Electrical & electronics and Automotive Packaging & Structures. The food packaging segment held the largest market share in the global Thermoformed Plastics market in 2022, owing to the properties that allow its usage in high-quality food items requiring safe transportation. Food packaging requires extremely good quality packaging material that protects the food from moisture bacteria and older. The demand for thermoformed plastics in the food industry is extremely high as it inhibits any growth of bacteria or pathogens.

Market Taxonomy

Product Type

• Polymethyl Methacrylate (PMMA)
• Bio-degradable polymers
• Polyethylene (PE)
• Acrylonitrile Butadiene Styrene (ABS)
• Poly Vinyl Chloride (PVC)
• High Impact Polystyrene (HIPS)
• Polystyrene (PS)
• Polypropylene (PP)

Thermoforming Type

• Vacuum Forming
• Pressure Forming

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Thickness

• Thin Gauge
• Thick Gauge

End-User

• Food Packaging
• Agriculture Packaging
• Consumer goods & appliances
• Healthcare & Pharmaceutical
• Construction
• Electrical & electronics
• Automotive Packaging & Structures

By Region

• North America
• USA
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy

Rest of Europe

• Asia Pacific
• China
• Japan
• South Korea
• India
• Indonesia

Australia Rest of Asia Pacific

• LAMEA
• Latin America
• Middle East
• Africa

Key Players

• D&W Fine Pack.
• Genpak LLC
• Greiner Packaging
• Pactiv LLC
• Placon
• Silgan Holdings Inc.
• Sonoco Products Company
• Dongguan Ditai Plastic Products Co.,Ltd
• SPENCER INDUSTRIES INCORPORATED
• Berry Global Inc.

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Global Thermoformed Plastics Market

Global Semiconductor Rectifier Market is expected to record a positive CAGR of ~11% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Semiconductor Rectifier Industry?

Global Semiconductor Rectifier market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Semiconductor Rectifier Market is largely driven by the increasing demand for smart grids and the rising government expenses on modern power generation and distribution infrastructure.

Electronics have gained widespread use in the generation and regulation of power in the automotive industry. For instance, a new load-matching approach is launched in the automotive industry that makes use of a basic switched-mode rectifier to significantly enhance peak and average power production from a traditional Lundell alternator. The deployment of rectifiers has provided a new set of possibilities to power vehicles and the overall power control.

The continued trend of equipment miniaturization in the electronics industry has compelled the feature sizes of the electronic components to correspondingly decrease which is, in turn, increasing the demand for semiconductor rectifiers. The COVID-19 outbreak has had a substantial impact on the global market for semiconductor rectifiers. However, by early 2021 the market had experienced a strong recovery rate as a result of the widespread demand for installing IoT devices across a variety of industries and the quickly expanding initiatives for smart cities and smart grid technologies.

Global Semiconductor Rectifier Market By Product Type

The Global Semiconductor Rectifier market is segmented by Product type into Single Phase and Three Phase. Three-phase product type segment held the largest market share in the Global Semiconductor Rectifier Market in 2022. Three-phase rectifiers have an input of three-phase AV power. Structures require three/six diodes and are joined with the transformer’s each phase of the secondary winding. Three-phase rectifiers are adopted in substitution of single-phase rectifiers for the reduction of ripple factor.

Three phases are recommended when comparing the two types of rectifiers because it has a high-power output and does not need an additional filter to lower the ripple factor. As a result, three-phase rectifiers have a higher transformer utilization factor and are more efficient than single-phase semiconductor rectifiers.

Global Semiconductor Rectifier Market By Industrial Vertical

The Global Semiconductor Rectifier Market is segmented by Industrial Vertical into IT and Telecom, Automotive, Consumer Electronics, Power and Utility and Other. Automotive industry vertical segment held the largest share of the Global Semiconductor Rectifier Market in 2022.

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The automotive industry is made up of several businesses that create, manufacture, and market automobiles. The automobile manufacturer powers all of the electronic components and supplies direct current to the batteries in its cars using semiconductor rectifiers. The need for automobiles will also have an impact on the high-power semiconductor sector, whose goods, including full-wave rectifier diodes, are used to power the motor and other electrical components in automobiles.

Global Semiconductor Rectifier Market By Geography

The Global Semiconductor Rectifier market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific accounted for the largest market share in 2021 within the total Global Semiconductor Rectifier Market in 2022.

Over the past few years, consumer gadgets and cell phones have seen an increase in demand throughout Asia-Pacific. Additionally, market possibilities are predicted to be provided by growing smart grid technologies and rising power production and consumption in developing Asia-Pacific countries. It is anticipated that a sizable percentage of the Global Semiconductor Rectifier Market will come from China, India, and Japan.

Market Taxonomy

By Product Type

• Single Phase
• Three Phase

By Industry Vertical

• IT and Telecom
• Automotive
• Consumer Electronics
• Power and Utility
• Other

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By Geography

• North America
• USA
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy

Rest of Europe

• Asia Pacific
• China
• Japan
• South Korea
• India
• Indonesia

Australia Rest of Asia Pacific

• LAMEA
• Latin America
• Middle East
• Africa

Key Players

• ABB Group
• Mitsubishi Electric Corp.
• Toshiba Corp.
• Semiconductor Components Industries, LLC
• Diodes Incorporated
• Vishay Intertechnology, Inc.
• Comchip Technology Co., Ltd.
• STMicroelectronics
• Hitachi Ltd
• Fuji Electric Co.
• Texas Instruments (TI)

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Global Semiconductor Rectifier Market

Global IoT Microcontroller Industry is expected to record a CAGR of ~12% during the forecast period (2017-2028): Ken Research

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What Is the Size of Global IOT Microcontroller Industry?

Global IoT Microcontroller market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The IoT Microcontroller Market is largely driven by development of internet connectivity and IT infrastructure in technologically developing economies and microcontroller unit miniaturization.

The increasing demand for low-cost, smart wireless sensor networks and the development of IT infrastructure in technologically developing countries are anticipated to have a major impact on market growth. Further, the growing number of IoT connections and increasing demand for low-power, energy-efficient connected products are other salient factors boosting its demand and growth.

The growing popularity of IoT is expected to provide a significant boost to the market in the near future. In the current scenario, IoT has witnessed a wide range of applications including industrial automation, smart appliances, smart grids, and smart cities, which is anticipated to fuel the market growth significantly during the forecast period. In addition, the rising popularity of fitness apps and increasing awareness about physical fitness in emerging countries such as; India, China, and Indonesia are likely to drive the adoption of wearable technology, thereby expanding the IoT market size during the forecast period. The IoT market is flourishing, and as a result, the majority of enterprises are approaching the IoT microcontroller market.

Global IoT Microcontroller Market By Products

The Global IoT Microcontroller market is segmented by Raw Material into 8 Bits 16 Bits and 32 Bits. 32-bits segment dominated the IoT Microcontroller by product segment in 2022 and is also expected to maintain its dominance during the forecast period.

32-bits microcontrollers are capable of handling arithmetic operations of 32-bit values and thus it is faster as compared to other microcontrollers such as 8-bits and 16-bits. Moreover, a 32-bit microcontroller takes fewer instruction cycles to execute a function due to its wider data bus. Thus, companies have been persistent, launching 32-bit microcontrollers owing to the rising IoT requirements. 32-bit microcontrollers process multiple devices simultaneously which is efficient and is extensively used in factory automation, grid infrastructure, and building automation applications.

Global IoT Microcontroller Market By Application

The Global IoT Microcontroller Market is segmented by Type into Industrial Automation, Smart Homes and Consumer Electronics. Smart Homes segment accounted for the majority share of the Global IoT Microcontroller Market by application in 2022 and is also expected to showcase the highest growth rate during the forecast period (2022-2028).

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The tech-enabled applications are increasing and provide numerous opportunities for businesses, and IoT for smart homes. The integration of IoT in smart homes has enabled easy control and monitoring, enhanced security, efficiency, cost and energy saving, and comfortable living. The IoT extensively improves the capability to control and cover all of the home's processes.

Global IoT Microcontroller Market by geography

The Global IoT Microcontroller market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. The Asia Pacific accounted for the largest share among all regions within the total Global IoT Microcontroller Market, in 2021.

Asia Pacific region has been a significant hub for semiconductor manufacturing and semiconductor-based devices. The region is home to some of the most prominent electronics devices and automotive manufacturing companies. Hence, the area contributes significantly through various applications of IoT microcontrollers such as automotive, industrial automation, healthcare IT, consumer electronics, robotics, and other end-user industries. Asia Pacific hosts contract-based semiconductor manufacturers like Taiwan Semiconductor Manufacturing Company (TSMC).

Market Taxonomy

By Products

8 Bits

16 Bits

32 Bits

By Application

Industrial Automation

Smart Homes

Consumer Electronics

Smartphones

Wearables

Others

Others

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By End-User

Aerospace and Defense

Consumer Electronics and Home Appliance

Automotive

Industrial

Healthcare

Data Processing and Communication

Other End-user Industries

By Geography

North America

USA

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South KoreaRest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Players

Broadcom

Holtek Semiconductor Inc.

Infineon Technologies

Microchip Technology Inc.

Nuvoton Technology Corporation

NXP Semiconductors

STMicroelectronics

Renesas Electronics Corporation

Silicon Laboratories

Texas Instruments Incorporated

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Global IoT Microcontroller Market

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

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Competition Scenario In Global Soy Based Market

The Global Soy-Based Food Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players with their niche in adopting advanced technology, such as fermentation technology to enhance the taste, and texture of products. Moreover, companies are competing on various parameters such as partnerships, new products offering, business models, marketing strategies, pricing, campaign, and more.

Country-Niche players constitute about ~50% of the total competitors, while regional players represent a share of ~35%. Some of the major players in the market include ADM, Danone S.A., Eden Foods, Pacific Foods Of Oregon, LLC., The Sahmyook Foods, Nordic Soya Oy, Cargill, Incorporated, The Hain Celestial Group, Blue Diamond Growers, Miracle Soybean Food International Corp., and among others.

What Is the Expected Future Outlook for The Overall Global Soy Based Market Across the Globe?

The Global Soy Based market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Soy Based market is driven by the growing consumer demand for health-centric food products to maintain healthy eating habits. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaborations and emergence of new products, the Global Soy Based market is changing rapidly. For instance, In August 2022, the Archer-Daniels-Midland Company (ADM), a U.S.-based food processing company, partnered with Benson Hill, a U.S.-based food tech company, to commercialize ultra-high protein (UHP) soybeans to use in ingredients for plant-based food and beverages across North America by early 2023.

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In May 2022, Cargill, a U.S.-based food corporation, announced its plans to construct new soybean processing plants in Southeast Missouri to meet rising domestic and global demand for oilseeds prompted by food, feed, and fuel markets. The facility will have an annual production capacity of 62 million bushels of soybeans.

The global soy-based food market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factor contributing to the expansion of radiography systems is the rising prevalence of lactose intolerance and the increasing adoption of veganism across countries. Though the market is highly competitive with around ~200 participants, few country-niche players control the dominant share and regional players also hold a significant share.

Market Taxonomy

By Product Type

• Meat Substitutes
• Non-Dairy Ice Cream
• Non-Dairy Cheese
• Non-Dairy Yoghurt
• Non-Dairy Spread

By Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Online Retail Stores

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By Application

• Dairy Alternatives
• Meat Alternatives
• Bakery and Confectionary
• Functional Foods
• Infant Foods
• Others

By Geography

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • France
  • Italy
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia Rest of Asia Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

• ADM
• Danone S.A.
• Eden Foods
• Pacific Foods Of Oregon, Llc.
• The Sahmyook Foods
• Nordic Soya Oy
• Cargill, Incorporated
• The Hain Celestial Group
• Blue Diamond Growers
• Miracle Soybean Food International Corp.

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Global Soy-Based Market

Global IoT Microcontroller Industry is estimated to reach a market size ~US$ 6 bn by 2028: Ken Research

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Global IoT Microcontroller Market by End-User

The automotive segment held the largest market share in Global IoT Microcontroller Market in 2022. The introduction of new technologies in the automotive industry has encouraged the involvement of semiconductors and microcontrollers. According to IEEE Explore, an average of more than 50 microcontroller units (MCUs) are used in vehicles. The addition of connected tech, AI, self-driving, and other IoT services has created enormous 121demand for the deployment of MCUs. Autonomous vehicles and sensor-driven safety features like automatic brakes, collision avoidance systems, and others, are the factors driving the future of automobiles, incorporating MCUs.

Competition Scenario in Global IoT Microcontroller Market

The Global IoT Microcontroller Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in IoT technologies. The IoT Microcontroller market's growth is heavily reliant on IoT-based applications. Numerous IoT microcontroller companies, including Broadcom, Holtek Semiconductor Inc., Infineon Technologies, and Microchip Technology Inc. are extensively investing in research and development to develop new technologies in IoT.

Country-niche players constitute ~50% of the competitors while regional players constitute ~35%. Some of the major players in the market include Broadcom, Holtek Semiconductor Inc., Infineon Technologies, Microchip Technology Inc., Nuvoton Technology Corporation, and others.

What is the Expected Future Outlook for the Overall Global IoT Microcontroller Market Across the globe?

The Global IoT Microcontroller market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future. The Global IoT Microcontroller market is driven development of internet connectivity and IT infrastructure in technologically developing economies and microcontroller unit miniaturization. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing acquisition and emergence of new products, the Global IoT Microcontroller market is changing rapidly. For instance, In November 2021, Infineon Technologies AG enhanced its existing PSoC 6 microcontroller family by introducing Embedded Wizard's graphics library and studio tool. The tools enable designers to develop new graphic interfaces and deploy them to their existing PSoC 6 MCUs.

In October 2022, Holtek Semiconductor Inc launched HT32F67741 MCU. It features Bluetooth 5.2 Arm Cortex-M0+ BLE. In October 2021, Holtek Semiconductor Inc launched HT32F67741 MCU. It features Bluetooth 5.2 Arm Cortex-M0+ BLE microcontroller used for a wide range of applications, including home appliances, healthcare products, smart toys, beacons, data loggers, and Human Interface Devices (HID) services.

In February 2020, Broadcom Inc. launched BCM4389, the first Wi-Fi 6E client device. Furthermore, In January 2020, Mitsubishi Chemical Corporation bought c-m-p GmbH, a German IoT Microcontroller prepreg maker, through its subsidiary, Mitsubishi Chemical Advanced Material, to strengthen its position in the IoT Microcontroller and composite material markets.

The Global IoT Microcontroller Market is forecasted to continue positive growth primarily driven by the increasing number of IoT connections among consumer and enterprise sectors and the need for low-power, high-performance, and energy-efficient connected devices. Though the market is highly competitive with ~200 participants, few global players control the dominant share, and regional players also hold a significant share of the market revenues.

Market Taxonomy

By Products

8 Bits

16 Bits

32 Bits

By Application

Industrial Automation

Smart Homes

Consumer Electronics

Smartphones

Wearables

Others

Others

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By End-User

Aerospace and Defense

Consumer Electronics and Home Appliance

Automotive

Industrial

Healthcare

Data Processing and Communication

Other End-user Industries

By Geography

North America

USA

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South KoreaRest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Players

Broadcom

Holtek Semiconductor Inc.

Infineon Technologies

Microchip Technology Inc.

Nuvoton Technology Corporation

NXP Semiconductors

STMicroelectronics

Renesas Electronics Corporation

Silicon Laboratories

Texas Instruments Incorporated

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

Global IoT Microcontroller Market

The Morocco data center market is expected to generate USD ~73 Mn in revenue by 2027F owing to digital transformation and growth of industrial hubs in the country: Ken Research

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The Morocco Data Center market is expanding as a result of rising investment to expand capacity, digital transformation, and increasing reliance on technology. The Morocco data center market is consolidated with N+ONE and INWI having a major share in the market. The market is in a growing stage since major players have the potential to expand their facilities in the country.

• Retail sector has high growth potential in the future due to the entry of foreign retailers into the country.
• Majority of the Data Center players in the market will emphasize main aspects such as Edge Computing & Sustainability.
• Multiple international & domestic companies are expected to introduce new DCs and the market is expected to consolidate.

Medusa in the Mediterranean: The data center market in Morocco is expected to grow because Morocco will be linked to the Mediterranean's longest giant submarine cable system called “Medusa” by early 2025. It will connect nine countries in North Africa and Southern Europe which provide access to telecommunication infrastructure that is crucial for developing the digital ecosystem in North African countries by 2024 and 2025. Moreover, the data center market is expected to increase due to trends of a rising middle class in the country and accelerated urbanization.

Cloud Services and Artificial Intelligence: The use of cloud-based services by businesses of all sizes will increasingly become the norm. Whilst enterprise moves onto the cloud at a rapid pace, this is likely to be affected via a hybrid solution mixing cloud, colocation, and on-premises solutions to deliver cost-effective IT solutions. Additionally, as artificial intelligence enables speech recognition, decision-making, and language translation, the use of wireless integration with medical devices such as blood pressure cuffs that provides medical assistance to patients will increase which will further increase the use of technology in the country.

Data Centers are becoming exponentially scalable: Data centers consume a lot of non-renewal resources. To make data centers sustainable, companies will be redesigned their facilities to reduce power and water consumption by utilizing emerging technologies such as AI, ML, and the cloud. AI programs optimize the performance of a data center through predictive analytics. For instance, Google was able to cut down 40% of its data center’s cooling costs just by controlling the cooling infrastructure through AI programs. In Morocco, the data centers will become exponentially scalable with increasing volumes of data. Moreover, hyper-scale data centers will scale up quickly to meet the increasing demands. It also cuts down costs and reduces downtime which further increases its use in the near future.

Analysts at Ken Research in their latest publication “Morocco Data Center Market Outlook to 2027F - - Demand for Low Cost Data Centers along with Higher Capacity is expected to grow in the near future” observed the potential of the Data Protection Market in Morocco. The increasing reliance on technology, rising investment to expand Capacity, digital transformation along with government incentives are expected to contribute to the market growth over the forecast period. The Morocco Data Center Market is expected to grow at 8.1% CAGR over the forecasted period 2022-2027F.

Key Segments Covered:-

Morocco Data Center Market

By Vertical

Co-Location

Managed

By Co-Location

Retail

Wholesale

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By Type of End User

Telecom and IT

BFSI

Government

E-Commerce

Others

Key Target Audience:-

Data Center Companies

Cloud Providers (Domestic and Global)

Managed Data Center Companies

Co-Location Data Center Companies

Private Equity and Venture Capitalist

Industry Associations

Data Center Constructors

Technology Providers

Time Period Captured in the Report:-

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

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Companies Covered:-

N+One Data Center

INWI

Atlas Cloud Services Data Center/ Benguerir Data Center

Maroc Telecom

Etix Data Center

Maroc Datacenter (Medasys)

Cires Telecom

Hostoweb

Key Topics Covered in the Report:-

Market Overview and Genesis of Morocco Data Center Market

Business Cycle and Timeline of Morocco Data Center Market

Market Size Analysis of Morocco Data Center Market, 2017-2022

Segmentation of Morocco Data Center Market, 2022 (by Vertical, By Co-Location, By Type of End Users)

SWOT Analysis of Morocco Data Center Market

Regulation in Morocco Data Center Industry

Challenges and Bottlenecks in Morocco Data Center Market

Trends and Developments in Morocco Data Center Industry

COVID Impact on the Morocco Data Center

Competition Framework of Morocco Data Center Market

Future Market Size Analysis of Morocco Data Center Market, 2022-2027F

Future Market Segmentation Analysis of Morocco Data Center Market, 2027F

Case Study of China Telecom Corporation Limited

Analyst Recommendations

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Morocco Data Center Market

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Malaysia Data Center Market Outlook to 2026 - Growing Demand from SMEs, Rising Internet Penetration Rate, and Rising Number of Facilities to Drive the Malaysian Data Center market in the near future

Indonesia Data Center Market Outlook to 2026 - Growing Tech Savy Population, Internet Penetration Rate, and Rising Number of Facilities to Drive the Indonesia Data Center market in the near future

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

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

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Global Dental Consumables Market By Geography

The Global Dental Consumables market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. The North America region accounted for the largest share in 2022 of the global dental consumables market due to the presence of a large number of dental consumables manufacturers in the region along with the rising incidence of dental diseases among North American consumers. In addition, there are various strategic initiatives taken by the leading manufacturers to tackle the competition and prosper in the market.

In February 2020, Seattle/King County Clinic provided free dental, vision, and medical care services in the U.S. for four days. The company collaborated with healthcare organizations, non-profits, and private businesses to offer access to healthcare.

Competition Scenario In Global Dental Consumables Market

The dental consumables market is highly competitive with ~400 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in dental consumables.

Large global players control over 35% of the market share in terms of market revenue share, while regional players hold the second largest share. Some of the major players in the market include Dentsply Sirona, Zimmer Biomet, 3M, Young Innovations Inc., Hu-Friedy Mfg. Co., LLC., GC Corporation, Danaher, Henry Schein, Inc., Ultradent Products Inc., Institut Straumann AG, Ivoclar Vivadent, and among others.

The leading global dental consumables companies such as Dentsply Sirona, 3M, Ivoclar Vivadent, are highly focused on providing a broad category of dental consumables products for various end-users.

What is the Expected Future Outlook for the Overall Global Dental Consumables Market Across the Globe?

The Global Dental Consumables market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global Dental Consumables market is driven by several factors including the increasing prevalence of dental problems or untreated tooth decay coupled with the rising geriatric population, growing demand for cosmetic dentistry, and rising dental tourism. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Dental Consumables market is changing rapidly. For instance, In February 2022, Zimmer Biomet launched OverdenSURE, a new overdenture attachment system for Zimmer Biomet dental implants in the U.S. and Europe. The portfolio offers restorative components, abutments, and tooling products.

In February 2022, Young Innovations, Inc. announced the acquisition of Medical Purchasing Solutions (MPS), a leading supplier of surgical and pharmaceutical products. The company aimed to offer dental consumable products to fulfill the growing need for oral pain management, dental implants, and oral surgery.

Furthermore, During the COVID-19 pandemic, the disrupted supply chain has affected the production capacity, demand, and supply of dental consumables and the demand for non-essential procedures including cosmetic dentistry and other dental procedures decreased among consumers.

The global dental consumables market is forecasted to continue a significant growth that is witnessed since 2017, primarily driven by the rising demand for dental consumables among dentists to diagnose, prevent, and treat any oral health issues along with the increasing incidence of tooth decay or dental caries globally. Though the market is highly competitive with over 400 participants, few global players control the dominant market share and regional players also hold a significant market share.

Market Taxonomy

By Treatment

• Orthodontic
• Endodontic
• Periodontic
• Prosthodontic

By Product Type

• Dental Implants
• Whitening Products
• Finishing & Polishing Products
• Other Dental Consumables

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By Materials

• Metals
• Polymers
• Ceramics
• Biomaterials

By End-User

• Dental Hospitals & Clinics
• Dental Laboratories
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • AustraliaRest of Asia-Pacific
• LAMEA
  • Latin America
  • The Middle East
  • Africa

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

Global Dental Consumables Industry