Global Recycled Plastic Market expected to record a CAGR of ~9% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Recycled Plastic Industry?

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

The Recycled Plastic Market is largely driven by the growing acceptance of recycled plastics in the textile industry and the shift of the packaging industry from virgin plastics to recyclable materials.

Increasing demand for recycled plastic products from the packaging industry is expected to boost the growth of the recycled plastic market worldwide. Eco-friendly packaging products are becoming more popular as most of the key players in the market are opting for sustainable packaging designs. The most common type of plastic used in the packaging of food products is PET, which is known for showing the highest recycling rate.

Growing usage of recycled plastics in the textile industry is one of the factors driving the growth of the market in developing countries. Recycles PET (rPET) is the most widely recycled resin in fiber applications. The clothes made of recycled plastics not only provide high quality and texture but also, help in contributing to a sustainable environment.

Furthermore, the preference for virgin plastics over recycled alternatives acts as a restraint in the growth of the market. Virgin plastics have a significant advantage in terms of quality due to which these are highly preferred in applications requiring specific compositions of chemicals and additives, which is expected to hamper the market growth.

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Global Recycled Plastic Market By Product Type

The Global Recycled Plastic market is segmented by Product Type into Polyethylene (PE), Polyethylene, Terephthalate (PET), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and Others.

Polyethylene Terephthalate (PET) segment held the largest market share in the global recycled plastics market in 2022, owing to its large-scale usage for food packaging and bottling application.

Polyethylene Terephthalate (PET) is the only plastic resin used in the packaging of almost all types of beverages. According to Petcore-Europe, an organization working on recycling PET bottles in Europe, Polyethylene Terephthalate (PET) is used to package 70% of carbonated soft drinks, fruit juices, dilutable drinks, and bottled water.

Global Recycled Plastic Market By Source

The Global Recycled Plastic Market is segmented by Source into Plastic Bottles, Plastic Films, Polymer Foam and Others.

Plastic Bottles segment held the largest market share in the global recycled plastics market in 2022, as bottles are the most recycled post-consumer plastics and have a better network for collection and sorting.

Many developing countries are entering into the recycling business and will depend on bottles as a source of recycled plastics due to their easy availability.

According to the United States Envir. According to the United States Environmental Protection Agency (USEPA), a U.S. Government body responsible for the development and enforcement of environmental regulations, in 2018, 910,000 tons of PET bottles and jars were recycled in the U.S.

Global Recycled Plastic Market By End-User

The Global Recycled Plastic market is segmented by End-User into Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive and Others.

The packaging segment held the largest market share in the global recycled plastics market in 2022, due to the high demand for recycled PET for manufacturing bottles and other packaging products such as films and wraps.

Construction segment is expected to grow with the highest CAGR during the forecast period as there is a huge demand for recycled polymers in the production of various building materials such as wall panels, flooring, pipes & fittings, and others.

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Key Topics Covered in the Report

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

Leading Companies Mentioned in the Report

• B. Schoenberg & Co.
• Covetsro AG
• B&B Plastics
• Green Line Polymers
• KW Plastics
• Republic Services
• Ultra Poly Corporation
• Veolia
• Shell International B.V.
• Custom Polymers
• Plastipak Holdings

Notable Emerging Companies Mentioned in the Report

• Zymergen
• PureCycle Technologies
• UBQ Materials
• Plastic Energy
• Loop Industries
• Banyan Nation
• The Shakti Plastic Industries
• IntegriCo Composites

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

• Plastics Manufacturers
• Recycled Plastics Manufacturers
• Polyethylene Plastic Product Type Suppliers
• Polyethylene Terephthalate Plastic Product Type Suppliers
• Polypropylene Plastic Product Type Suppliers
• Polyvinyl Chloride Plastic Product Type Suppliers
• Polystyrene Plastic Product Type Suppliers
• Recycled Plastic Bottles Manufacturers
• Recycled Plastic Films Manufacturers
• Recycled Plastic Foam Manufacturers
• Recycled Plastics Distributors
• Emerging and Startup Recycled Plastics Companies in the Market
• Different Types of Recycled Plastics Institutes
• Government Departments of Polymers
• Ministries and Departments of Electrical & Electronics
• Ministries and Departments of Construction Materials
• Ministries and Departments of Chemicals
• Ministries and Departments of Petrochemicals
• Importers and Distributors of Recycled Plastics

Period Captured in the Report

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

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

Global Recycled Plastic market: Ken Research

The Mexico Car Finance market size is anticipated to expand at a substantial CAGR in the upcoming years owing to government initiatives & technological innovations: Ken Research

 The Mexico car Finance market is consolidated with a few players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Mexico car finance market for its products, services, and continuous product developments are HSBC, Deutsche bank, BBVA, Santander, Scotia Bank, Banamex among others.

•  The Mexico Car Finance market is projected to witness a CAGR of ~ % during the forecast period FY’22 & FY’27.
• The Mexico car Finance market is witnessing a steady growth & is recovering from the negative impact it suffered as a result of the global pandemic.
• New innovations on technological front & government interventions & regulations are anticipated to pave the way for positive growth in the Mexico car Finance market.

• Growth rate of total cars financed is going to increase over the period as financing becomes easier, market penetration rates increase.

Technological innovations: When customers shop for a car, they need information about two things the car itself and how to finance it. A tighter online integration of information gathering for car buying and car financing can help move a consumer to the next stage of the purchasing process. The solution is an interactive online interface embedded with AI.  The online experience must extend seamlessly into the dealership. For instance, by giving the customer access to terms and pricing details on their mobile app rather than having to rely on the dealer.

Credit Availability: Non-banking financial Companies offer car financing at less stringent loan eligibility criteria and flexible repayment tenure which lures consumers for car ownership. The provision of easy availability of credit, usually by a bank or some kind of financial institution, allows consumers to pay the dealer or manufacturer, even though they did not have the money, i.e., allows them the ownership without paying the entire amount at once.

Market Monopoly: When it comes to the overall competition in Mexico Car Finance market, a few major companies control a large proportion of the entire ecosystem thereby creating a monopoly situation. This may hinder the growth of the market in long term scenario.

Analysts at Ken Research in their latest publication, “Mexico Car Finance Market Outlook 2027F- Driven by government regulations & technological innovations” by Ken Research observed that Mexico car Finance Market is in a growth phase & is  expected to witness a growth rate of ~% in the upcoming years owing to increasing government initiatives & technological innovations. It is to be noted that the Mexico Car finance market is consolidated with a few brands occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

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Key segments covered

By type of vehicle financing

• Used Car financing
• New Car financing

By Type of car Financed

• Hatchbacks
• Sedan
• SUV
• Multipurpose Vehicle

By price

• high (500,000+)
• medium (200k-500k)
• low (below 200K)

By Type of Institution

• Banks
• NBFC
• Captives

By loan Tenure

• 3-4 years
• 4-5 years

By Mode of booking

• Online
• Offline

Time Period Captured in the Report:

• Historical Period: FY’17- FY’22P
• Base Year: FY’22P
• Forecast Period: FY’23P – FY’27F

Key Target Audience

• Banks and its Subsidiaries
• NBFCs
• Captive Finance Companies
• Government and Institutions
• Automobile Companies
• Car Dealers
• Government and Institutions
• Existing Car Finance Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Auto mobile Associations

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Major Companies Covered

• Bank of America
• Deutsche Bank
• JP Morgan Chase
• HSBC
• Scotia Bank
• Citi

Key Topics Covered in the Report:

• Executive Summary of Mexico Car Finance Market
• Market Size of Mexico Car Finance Market
• Market Segmentation of Mexico Car Finance Market
• SWOT Analysis of Mexico Car Finance Market
• Trends and Developments in Mexico Car Finance Market
• Regulatory Bodies of Mexico Car Finance Market
• Overview of Mexico Car Finance Challenges and restrains
• End User Analysis of Mexico Car Finance Market
• Competitive Analysis of Mexico Car Finance Services
• Future Outlook of Mexico Car Finance Market
• Covid Analysis of Mexico Car Finance Market
• Analyst Recommendations

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

Mexico Car Finance Market

Related Reports by Ken Research: –

KSA Car Finance market Outlook to 2026F

Malaysia Automotive Finance Market Outlook to 2026

Singapore Auto Finance Market Outlook to 2025

Due to the availability, accessibility, and nutritional profile in the contemporary market for pudding, there is a significant market potential for the Vietnams Pudding Industry: Ken Research

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1. Growth in the expansion of modern-style bakery outlets led to a surge in demand

The bakery market in Vietnam has enjoyed compounded annual growth of 20-30% in recent years. The sector has embraced the latest technologies to remain abreast of global trends. Advances in baking tech and offerings have resulted in process improvements and the efficient delivery of a variety of artisanal baked products at scale. In addition to the expansion of large chained outlets such as BreadTalk, Tour Les Jours, and ABC, independent small grocers were also seeing healthy growth in urban and rural areas.  Moreover, millennials and gen z generations are more exploratory and prefer convenient, ready-to-eat sweet dishes such as pastries, cakes, and puddings. Furthermore, online food delivery apps such as Now, Grab, and Goviet is convenient for consumers and creates opportunities for many restaurants, small eateries, and housewives to offer bakery products to consumers.

2. The growing urban population with its changing lifestyle patterns is driving the market growth of puddings in Vietnam

The onset of the global pandemic led to a significant change in pudding consumption in 2020. Customer footfall to bakery shops and retail stores decreased significantly as consumers had to stay at home. This had a particularly detrimental impact on puddings as many of these sales are carried out on impulse. But the increased disposable incomes in the hands of consumers after the pandemic, have empowered consumers to increasingly indulge in extravagant food experiences.

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Additionally, exposure to global culture has led to increased experimentation with different foods and flavors which has driven the growth of the pudding sector in Vietnam. Furthermore, with the entry of international bakeries and food service joints along with increasing westernized cultures has led to sales growth. 

3. Bakery manufacturers are leveraging the critical food trends to remain at the forefront with target consumers

A growing working population has driven consumption of commercially baked prepackaged goods including bread, cakes, puddings, and cookies that were previously prepared at home. Moreover, increased awareness of quality products and healthy lifestyles are shaping the consuming habits in Vietnam influencing them to switch over to healthy and nutritious variants of bakery products. Bakeries are introducing variants such as Sugar-Free and Fat-Free forms of puddings to cater to the growing demand.

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Smaller portion sizes are an ideal way to convert special occasion products like cakes and puddings into everyday indulgences combined with the convenience of on-the-go packages. Furthermore, smaller or single-serve primary packaging products saw increasing demand and remained more popular and common in puddings than large or family-sized formats.

4. Limited Shelve Life along with Increasing health consciousness among consumers starting to impact the market

The availability of instant pudding mixes and pudding powders in supermarkets, groceries, and other retail shops is causing a threat to modern bakery stores. The value-conscious customers are gravitating towards the offerings of supermarkets for buying instant pudding mix while consumers concerned with health and quality are increasingly purchasing high-margin products from artisanal bakeries. With the rise of artisanal foods and more complex flavor profiles, innovativeness is another big challenge for the industry in view of increasing competition in the market.

Moreover, the baking industry is ruled by consumer preferences, and demand for healthier option is currently driving the marketplace.  Also, there is a need to increase awareness about the digital technologies and convenience of social media platforms that can help bakeries in the unorganized sector reach a wider market.

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

Vietnam Pudding Market

Global Aesthetic Laser Device Industry reach a revenue of US$ 1.8 Bn by 2028: Ken Research

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Competition Scenario in Global Aesthetic Laser Device Market

The Global Aesthetic Laser Device market is fairly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche product ranges. The Aesthetic Laser Device market's growth is heavily reliant on the adoption of new technologies and advancements in the types of devices being made available to the end users as well as the safety and effectiveness of the procedures performed.

Country-Niche players constitute about ~40% of the competitors, while regional players hold a share of ~35% in terms of the number of competitors. Some of the major players in the market include Cynosure, Inc., Aerolase Corp., Lumenis Be Ltd., Sciton, Solta Medical, SharpLight Technologies Ltd., Cutera, Alma Lasers, Candela Corporation, El.En. S.p.A., Rohrer Aesthetics, Inc. among others.

What is the Expected Future Outlook for the Overall Global Aesthetic Laser Device Market Across the globe?

The Global Aesthetic Laser Device 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 Aesthetic Laser Device market is driven by the rising spending & awareness by the consumers of their physical appearances, technical advancements in such treatments, and the increasing affordability of such procedures. 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 Aesthetic Laser Device market is changing rapidly. For instance, In June 2022, Cynosure launched an upgrade to its PicoSure platform with the PicoSure Pro device which is the only FDA-approved 755nm picosecond laser in the US market. The device is used for skin revitalization and unwanted pigmentation.

In March 2022, Aerolase extended its universal laser technology treatment range through a partnership with French device maker Clarteis SAS and launched Exci308TM, a handheld excimer phototherapy device.

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Furthermore, In Jan 2022, Lumenis launched the Splendor X device which can be used for pigmented lesions, treatment of wrinkles, vascular treatment, and hair removal. The device uses BLEND X technology and 755nm wavelength. In addition to that, In December 2021, Cutera launched the truSculpt flex+ an upgradation to its truSculpt flex muscle building technology. The new technology is a rapid treatment mode and will reduce the treatment time to a fraction of what it was taking earlier. The global Aesthetic Laser device market is forecasted to continue its stable growth since 2017. One of the major trends driving market expansion is the spiraling demand for minimally invasive procedures as well as the growing awareness and trust of the consumers for such procedures. Though the market is fairly competitive with ~100 participants, few global players control the dominant share in terms of market revenue and regional players also hold a significant share.

Market Taxonomy

By Type

• Standalone Lasers
• Multiplatform Laser
• Others

By Application

• Hair Removal
• Skin Rejuvenation
• Vascular Lesions, Acne & Scars
• Pigmented Lesion & Tattoo Removal
• Leg & Varicose Veins
• Other Applications

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By End User

• Hospitals
• Private Clinics
• Medical Spas
• Others

By Geography

• North America (U.S., Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
• LAMEA (Latin America, Middle East, and Africa)

Key Companies

• Cynosure, Inc.
• Aerolase Corp.
• Lumenis Be Ltd.
• Sciton
• Solta Medical
• SharpLight Technologies Ltd.
• Cutera
• Alma Lasers
• Candela Corporation
• El.En. S.p.A.
• Rohrer Aesthetics, Inc.

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

Global Aesthetic Laser Device Market

Global Immunoassays Market is reach a revenue of ~US$ 60 Bn by 2028: Ken Research

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Competition Scenario in Global Immunoassays Market

The Global Immunoassays market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche bioanalytical setting such as clinical diagnostics, biopharmaceutical analysis, environmental monitoring, security, and food testing, and others, for end-users. The immunoassays market's growth is heavily reliant on detection technologies and advancements in testing equipment and instruments.

Country-Niche players constitute about ~75% of the competitors, while regional players constitute about ~20%. Some of the major players in the market include F. Hoffmann-La Roche Ltd., Abbott Laboratories, Becton, Dickinson and Company (BD), Bio-Rad Laboratories, Inc., Siemens Healthineers, Thermo Fisher Scientific, Danaher Corporation, PerkinElmer, Quidel Corporation, Ortho Clinical Diagnostics Holdings, Sysmex Corporation, DiaSorin S.p.A. and among others.

Global Immunoassays Market by geography

The Global Immunoassays market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounts for the largest share among all Regions within the total Immunoassays market in 2021. Increased technological adoption in diagnostic techniques, extensive research initiatives, and increasing government funding for point-of-care testing and regulatory science activities across the healthcare industry are all contributing factors to the growth of Immunoassays in North America.

For instance, in November 2021, the U.S. Department of Health and Human Services (HHS) announced a USD 650 million investment to enhance manufacturing capacity for fast, high-quality diagnostic testing via rapid point-of-care molecular tests that help in the detection of influenza, respiratory syncytial virus (RSV), and a cluster of respiratory viruses.

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

The Global Immunoassays 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 Immunoassays market is driven by rising prevalence of chronic, and infectious diseases, including COVID-19, HIV/AIDS, dengue, foodborne disease, and other diseases. 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 innovation and emergence of new products, the Global Immunoassays market is changing rapidly. For instance, In February 2022, Siemens Healthineers, a German healthcare company, launched Enhanced Liver Fibrosis (ELF) Test in the U.S., offering broad clinical access to the nonsurgical diagnostic tool. In addition, the Food and Drug Administration (FDA) granted De Novo marketing authorization for the test.

Furthermore, In July 2021, Roche, a Swiss pharmaceutical company, announced the launch of its new Elecsys Epstein-Barr virus (EBV) immunoassay panel, which includes the Elecsys EBV IgM, EBV VCA IgG, and EBV EBNA IgG immunoassays and detects Epstein-Barr virus antibodies at various infection stages.

In April 2021, DiaSorin, an Italian Biotechnology company, launched its new immunodiagnostic Point-of-Care (POC) reader 'LIAISON IQ' and the 'LIAISON Quick Detect Covid TrimericS Ab' test. The LIAISON IQ's test detects specific IgG antibodies against SARS-CoV-2 Spike Protein in human blood capillaries from a throat swab in 10 minutes.

The Global Immunoassays Market is forecasted to continue steady growth that is witnessed since 2017. The market is primarily driven by the rising prevalence of chronic, and infectious diseases, including COVID-19. Though the market is highly competitive with over ~500 participants, few global players control the dominant share and regional players also hold a significant share.

Market Taxonomy

By Type

• Reagents & Kits
• Analyzers/Instruments
• Software & Services

By Application

• Cardiology
• Oncology
• Autoimmune Diseases
• Infectious Diseases
• Others

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By Technology

• Radio immunoassay (RIA)
• Enzyme Immunoassays (EIA) or Enzyme-linked immunosorbent assays (ELISA)
• Fluoro Immunoassay (FIA)
• Chemiluminescence Immunoassay (CLIA)
• Others

By End User

• Hospital & Clinics
• Clinical Laboratories
• Pharmaceuticals & Biotech Companies
• Blood Banks
• Academic Research Centers
• Others

By Geography

• North America (U.S., Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
• Latin America, Middle East and Africa

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

Global Immunoassays Market

The Mexico Car Finance Market is witnessing a steady recovery from the disruptions induced by the Global pandemic during the year 2020-2021: Ken Research

 Covid Impact: Amid the COVID-19 pandemic, the global demand for new vehicles and used vehicles witnessed a significant slump in 2020, as manufacturing and sales activities were halted for several months in the first half of the year. This trend hampered the automotive financing market in Mexico as well. However, since the latter half of 2021, the demand for vehicles has witnessed significant growth, which has fueled the automotive financing market and is expected to continue to fuel the market during the forecast period. The COVID-19 pandemic also augmented the growth of online and digital channels for business-to-consumer purchases. Owing to these trends, OEMs and industry players have started to virtualize their dealerships or agreements and operate remotely.

Growth Factors: Over the medium term, demand in the market is expected to be driven by rising electric mobility across major countries in Mexico and other states of North American region. Moreover, growing government support in the form of favourable initiatives and policies is expected to drive demand in the market. The growing consumer inclination toward safety and comfort features in vehicles is accommodated by the latest technologies like ADAS. However, growing adoption of rental and used cars may hinder the players operating in the market. The demand for commercial vehicles is strongly influenced by growing logistics and delivery services, coupled with the fleet expansion of vehicles by key e-commerce giants like Amazon. The developments in engine technology are progressing significantly, accompanying the rising emission standards across the world. These factors are likely to boost the growth of the automotive market in the region.

Analysts at Ken Research in their latest publication, “Mexico Car Finance Market Outlook 2027F- Driven by government regulations & technological innovations” by Ken Research observed that Mexico car Finance Market is in a growth phase & is  expected to witness a growth rate of ~% in the upcoming years owing to increasing government initiatives & technological innovations. It is to be noted that the Mexico Car finance market is consolidated with a few brands occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

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Key segments covered

By type of vehicle financing

• Used Car financing
• New Car financing

By Type of car Financed

• Hatchbacks
• Sedan
• SUV
• Multipurpose Vehicle

By price

• high (500,000+)
• medium (200k-500k)
• low (below 200K)

By Type of Institution

• Banks
• NBFC
• Captives

By loan Tenure

• 3-4 years
• 4-5 years

By Mode of booking

• Online
• Offline

Time Period Captured in the Report:

• Historical Period: FY’17- FY’22P
• Base Year: FY’22P
• Forecast Period: FY’23P – FY’27F

Key Target Audience

• Banks and its Subsidiaries
• NBFCs
• Captive Finance Companies
• Government and Institutions
• Automobile Companies
• Car Dealers
• Government and Institutions
• Existing Car Finance Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Auto mobile Associations

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Major Companies Covered

• Bank of America
• Deutsche Bank
• JP Morgan Chase
• HSBC
• Scotia Bank
• Citi

Key Topics Covered in the Report:

• Executive Summary of Mexico Car Finance Market
• Market Size of Mexico Car Finance Market
• Market Segmentation of Mexico Car Finance Market
• SWOT Analysis of Mexico Car Finance Market
• Trends and Developments in Mexico Car Finance Market
• Regulatory Bodies of Mexico Car Finance Market
• Overview of Mexico Car Finance Challenges and restrains
• End User Analysis of Mexico Car Finance Market
• Competitive Analysis of Mexico Car Finance Services
• Future Outlook of Mexico Car Finance Market
• Covid Analysis of Mexico Car Finance Market
• Analyst Recommendations

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

Mexico Car Finance Market

Related Reports by Ken Research: –

KSA Car Finance market Outlook to 2026F

Malaysia Automotive Finance Market Outlook to 2026

Singapore Auto Finance Market Outlook to 2025

Global Automotive Glass Market is expected to reach ~USD 30 Bn by 2028F: Ken Research

 Global Automotive Glass market By End-User

The Global Automotive Glass market is segmented by End-User into Original Equipment Manufacturer and Aftermarket.

The OEM segment held the largest market in 2022, because, the majority of the auto glasses are utilized in the production of vehicles.

OEM generally supplies manufactured products to cater to the demand from the end product manufacturer. OEM products are generally used as a component in the final product of another company.

Global Automotive Glass market By Application

The Global Automotive Glass market is segmented by Application into Windscreen, Backlite, Sidelite and Sunroof.

The windscreen segment held the largest market in 2022, owing to the importance of windscreens in a vehicle structure along with safety concerns.

Windscreen of a vehicle is the glass window at the front that the driver looks at. The windscreen provides clear vision and acts as a protective shield. The windshield protects all passengers from any external injuries such as accidents or any mishap. Growing demand for smart windscreens is also boosting the growth of this segment.

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Global Automotive Glass market By Geography

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

The Asia Pacific accounted for the largest market share within the Global Automotive Glass Market in 2022, owing to rising investment in the auto industry, and growing demand for passenger cars.

Toyota, Volkswagen, Honda, Geely, and other major automobile manufacturers are continuously improving as per the demand from customers, and shifting customer preferences toward luxury vehicles in China is also fueling the demand in this market.

According to the International Trade Association (ITA), a USA agency that promotes trade and investment, China continues to be the world’s largest vehicle market by both annual sales and manufacturing output, with domestic production expected to reach 35 million vehicles by 2025.

Competition Scenario In Global Automotive Glass Market

The global automotive glass market is significantly competitive with ~100 players which include globally diversified players, and country-niche players as well as a majority number of regional players having their niche in automotive glass manufacturing for OEMs and aftermarket sales.

Regional players constitute ~45% of competitors while large global players constitute ~20%. Some of the major players in the market include FUYAO Glass Industries Co., Ltd., Nippon Sheet Glass Co., Ltd, Saint-Gobain, Xinyi Glass Holdings Limited, AGC Inc., Central Glass Co., Ltd., Corning Incorporated, Guardian Industries Holdings, Sisecam, Webasto Group, and others.

What Is the Expected Future Outlook for the Overall Global Automotive Glass market Across The Globe?

The Global Automotive Glass 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 Automotive Glass market is driven by the increasing demand for electric, hybrid, and luxury vehicles. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Automotive Glass market is changing rapidly. For instance, In August 2021, Webasto announced the acquisition of Carlex Glass Luxembourg SA. Carlex deals in the manufacturing of glass elements for passenger cars and counts many international carmakers among its customers.

In June 2021, Corning Inc and Jeep (automobile manufacturer), announced the launch of a windshield for the Jeep Wrangler and Jeep Gladiator with Corning Gorilla Glass.

In October 2021, Guardian Glass invested in its Goole, East Yorkshire float glass production plant to increase the company’s ability to supply float glass, primarily to the UK and Ireland.

The Global Automotive Glass Market witnessed significant growth during the period 2017-2021, owing to the growing automotive industry and shifting trend towards smart glass. The growth rate is also expected to remain significant during the forecast period. Though the market is significantly competitive with ~100 participants, majority of global players dominate the market revenue share, and regional players hold a significant share.

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Key Topics Covered in the Report

• Snapshot of the Global Automotive Glass Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Automotive Glass Market
• Historic Growth of the Overall Global Automotive Glass Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Automotive Glass Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Automotive Glass Market
• Future Market Forecast and Growth Rates of the Total Global Automotive Glass Market and by Segments
• Market Size of Vehicle Type/Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Automotive Glass Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

• FUYAO Glass Industries Co., Ltd.
• Nippon Sheet Glass Co., Ltd
• Saint-Gobain
• Xinyi Glass Holdings Limited
• AGC Inc.
• Central Glass Co., Ltd.
• Corning Incorporated
• Guardian Industries Holdings
• Sisecam
• Webasto Group

Notable Emerging Companies Mentioned in the Report

• Magnum Tuff India Private Limited
• Glavista
• Speedy Autoglass
• Mobss Windshield Pvt. Ltd.
• Vehicle Glass Company Ltd.

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

• Automotive Glass Manufacturing Companies
• Soda Ash Suppliers
• Silica and Sand Suppliers
• Government & Regulatory Authorities
• Automotive Research Institutes
• Investors in Automotive Industry
• Smart Glass Manufacturers
• Automotive OEMs
• Start-ups & Incumbents in Automotive Electronics
• Automotive Testing & Inspection Companies
• Company Research and Development Institutes
• Market Research & Consulting Firms
• Banking and Financial Service Providers
• Investment Banks Targeting Automotive Component Industry

Time Period Captured in the Report

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

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

Global Automotive Glass Market: Ken Research

Global Automotive Glass Market expected to record a CAGR of ~6% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Automotive Glass Industry?

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

The Automotive Glass Market is largely driven by the increasing demand for electric, hybrid, and luxury vehicles.

The automotive industry is surging worldwide as manufacturers are continuously upgrading vehicles as per customer demand, and governments’ active involvement to speed up the production of automobiles. Growing demand for smart glass is also one of the key factors driving this market. Smart glass such as HUD can display the fuel level, speed, temperature, and other warnings.

Furthermore, high initial cost to set up a glass manufacturing plant, along with further repair and maintenance costs, is a restraining factor for the automotive glass market. Major players operating in this segment such as Fuyao Glass, Saint-Gobain, and others, preferred to expand their existing plant rather than invest in a newer facility. These strategies restrict players to expand their geographical presence.

COVID-19 has decelerated the growth of the automotive glass market. This is because of the temporary shutdown of assembly lines, disruption of the supply chain, restriction on manufacturing. But as the market is recovering and restrictions are easing down, it is estimated that the automotive glass market will recover within the forecasted period.

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Global Automotive Glass Market By Glass Type

The Global Automotive Glass market is segmented by Glass Type into Laminated Glass and Tempered Glass.

Tempered glass segment held the largest market share of the Global Automotive Glass Market in 2022, owing to the lower cost and better durability than other glasses.

Tempered glass is a type of glass manufactured through heat or chemicals to provide safety. In the event the glass breaks, it does not shatter into big pieces but rather into thousand pieces that do not have a sharp edge.

Tempered glass is most commonly used because of its lower cost than laminated glass. It is used in the backlite, windshield, and sideline door.

Global Automotive Glass market By Vehicle Type

The Global Automotive Glass Market is segmented by Vehicle type into Passenger Car, Light Commercial, Heavy Commercial and Electric Vehicles.

The passenger car segment accounted for the largest market share in 2022, due to a shift in the trend of consumer behavior and the growing middle-class population.

Passenger cars refer to vehicles designed and constructed for carrying individuals. Comprising of not more than eight seats inclusive of the driver’s seat, and having a maximum mass not exceeding 3.5 tones. There are various kinds of passenger cars including sports, luxury, family-oriented, small cars, and sports utility vehicles (SUVs). Growing environmental concerns led to low-emission and lightweight vehicles on the road, which is also a driving factor for the passenger car segment.

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Key Topics Covered in the Report

• Snapshot of the Global Automotive Glass Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Automotive Glass Market
• Historic Growth of the Overall Global Automotive Glass Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Automotive Glass Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Automotive Glass Market
• Future Market Forecast and Growth Rates of the Total Global Automotive Glass Market and by Segments
• Market Size of Vehicle Type/Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Automotive Glass Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

• FUYAO Glass Industries Co., Ltd.
• Nippon Sheet Glass Co., Ltd
• Saint-Gobain
• Xinyi Glass Holdings Limited
• AGC Inc.
• Central Glass Co., Ltd.
• Corning Incorporated
• Guardian Industries Holdings
• Sisecam
• Webasto Group

Notable Emerging Companies Mentioned in the Report

• Magnum Tuff India Private Limited
• Glavista
• Speedy Autoglass
• Mobss Windshield Pvt. Ltd.
• Vehicle Glass Company Ltd.

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

• Automotive Glass Manufacturing Companies
• Soda Ash Suppliers
• Silica and Sand Suppliers
• Government & Regulatory Authorities
• Automotive Research Institutes
• Investors in Automotive Industry
• Smart Glass Manufacturers
• Automotive OEMs
• Start-ups & Incumbents in Automotive Electronics
• Automotive Testing & Inspection Companies
• Company Research and Development Institutes
• Market Research & Consulting Firms
• Banking and Financial Service Providers
• Investment Banks Targeting Automotive Component Industry

Time Period Captured in the Report

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

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

Global Automotive Glass Market: Ken Research

Global Aesthetic Laser Device Market is expected to record a positive CAGR of ~9% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Aesthetic Laser Device Industry?

Global Aesthetic Laser Device market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Aesthetic Laser Device Market is largely driven by the rising spending & awareness by the consumers of their physical appearances, technical advancements in such treatments, and the increasing affordability of such procedures.

The growing elderly population and the demand from this demographic to go for skin rejuvenation is one of the major factors propelling the Aesthetic Laser Device market growth. According to World Health Organization, between 2015 and 2050, the proportion of people aged above 60 in the world’s population will nearly double and it will reach 22% from 12%.

The strict rules and regulations as well as the safety guidelines laid out by the relevant authorities by different governments is a key challenge to the growth of the market. For example, the United States Food and Drug Administration, the federal agency of the Department of Health and Human Services, regulates the types of physical devices that can be made available in the market.

Furthermore, The Covid-19 pandemic had a negative influence on the growth of the market for Aesthetic Laser devices as the governments worldwide imposed lockdowns and social distancing norms thereby forcing these facilities to halt their operations. However, after the lockdowns were relaxed there has been a growth in this market as more and more people are again coming for such treatments.

Global Aesthetic Laser Device Market by type

The Global Aesthetic Laser Device market is segmented by Type into Standalone Lasers, Multiplatform Laser and Others. Multiplatform Lasers segment holds the largest share of the Global Aesthetic Laser Type Market in 2022. The multiplatform lasers segment dominates the Aesthetic Laser devices market by type as they offer multiple technologies, and are scalable & upgradeable. They are cheaper to operate, occupy less space, and have a low maintenance cost as these require a smaller number of service visits than a standalone laser. Also, these provide the flexibility of having multiple standalone systems integrated into a single package and hence provide a better return on investment.

Global Aesthetic Laser Device Market by application

The Global Aesthetic Laser Device Market is segmented by Application into Hair Removal, Skin Rejuvenation, Vascular Lesions, Acne & Scars, Pigmented Lesion & Tattoo Removal, Leg & Varicose Veins and Other Applications.

The Hair Removal segment dominated the market for Aesthetic Laser devices in 2022. More and more individuals are being conscious about their physical appearance and rely on aesthetic procedures for their body hair removal which are the major factors of growth of this segment. As laser hair removal procedures are permanent solutions for hair removal methods, hence this segment is growing.

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Global Aesthetic Laser Device Market by end-user

The Global Aesthetic Laser Device market is segmented by End-User into Hospitals, Private Clinics, Medical Spas and Others. The Private Clinics segment held the largest market share in 2022. The growing number of private surgeons offering minimally invasive cosmetic surgeries through the increasing number of private clinics is driving the growth of the aesthetic laser device market globally.

According to data published by The Private Healthcare Information Network, a UK government-mandated but independent organization providing data on private hospitals, consultants, and patient visits, between July and September 2021, there was a total number of 186,000 patient admissions in private hospitals.

Global Aesthetic Laser Device Market by geography

The Global Aesthetic Laser Device market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounts for the largest share among all Regions within the total Aesthetic Laser Device market in 2022.

The high level of consumer awareness, high-income levels, availability of the latest procedures, and skilled personnel are driving the growth of the North American market. In 2020, ~200,000 laser tattoo removal and more than 750,000 laser hair removal procedures were carried out in the US alone as per data provided by Rohrer Aesthetics, Inc., one of the major players in the market.

Market Taxonomy

By Type

• Standalone Lasers
• Multiplatform Laser
• Others

By Application

• Hair Removal
• Skin Rejuvenation
• Vascular Lesions, Acne & Scars
• Pigmented Lesion & Tattoo Removal
• Leg & Varicose Veins
• Other Applications

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By End User

• Hospitals
• Private Clinics
• Medical Spas
• Others

By Geography

• North America (U.S., Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
• LAMEA (Latin America, Middle East, and Africa)

Key Companies

• Cynosure, Inc.
• Aerolase Corp.
• Lumenis Be Ltd.
• Sciton
• Solta Medical
• SharpLight Technologies Ltd.
• Cutera
• Alma Lasers
• Candela Corporation
• El.En. S.p.A.
• Rohrer Aesthetics, Inc.

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

Global Aesthetic Laser Device Market

Mexico Lubricants Industry Analysis, Growth and Forecast to 2027F: Ken Research

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Competition Scenario in Mexico Lubricant Market

The Mexico Lubricants Market is moderately consolidated, with the top companies occupying major share. The major players in this market are Bardahl, BP Plc (Castrol), ExxonMobil Corporation, Roshfrans and Royal Dutch Shell Plc. Mexico’s Lubricants market is expanding as a result of increasing automotive sales, a rise in research and development in the sector, marketing activities, and also strategic partnerships and collaborations with other players.

What is the Expected Future Outlook for the Overall Mexico Lubricant Market Across the globe?

The Mexico Lubricant market was valued at MXN ~billion in 2022 and is anticipated to reach MXN ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022-2027F. 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 Mexico Lubricant market is driven by bio-based lubricants, government initiatives and rapid growth in construction sector. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Also, the industry's expansion is anticipated to be fueled by rising demand from Mexico's automotive industry as well as the expansion of end-user industries like construction, manufacturing, plastics, machinery & equipment, and metallurgy. The need for lubricants in the nation is also anticipated to increase in the future due to the adoption of higher-quality synthetic and semi-synthetic lubricants. The Mexican lubricant sector is anticipated to boost spending on R&D, marketing, and strategic alliances and partnerships with other participants, OEMs, and auto insurance in order to expand market penetration.

Additionally, government policies like the promotion of bio-based lubricants are driving growth in the Mexico lubricant market. The Mexico government has implemented various policies and initiatives aimed at promoting environmental sustainability and reducing the environmental impact of lubricants. One of these initiatives is the promotion of bio-based lubricants, which are derived from renewable resources and have a lower environmental impact than traditional mineral oil-based lubricants. For instance, the government is offering tax breaks and other incentives to companies that produce or use bio-based lubricants, with the goal of increasing the adoption of bio-based lubricants in the country.

Key Segments Covered in the report:-

Mexico Lubricant Market

Mexico Lubricants Market Segmentations

By Type of Lubricant

Industrial Lubricant

Automotive Lubricant

By Grade of Lubricant

Mineral

Semi-Syntenic

Synthetic

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Mexico Industrial Lubricants Market Segmentations

By Type of Industrial Lubricant

Hydraulic Fluid

Grease

Gear Oil

Metalworking Fluid

Others (Turbine Oil, Compressor Oil, etc.)

By End Use of Industrial Lubricant

Construction and Mining

General Manufacturing

Metal Production

Power Generation

Food Processing

Others (Agriculture, Medical, etc.)

By Distribution Channel

Dealer Network

Direct Sales Premium

Unorganized Sector

Mexico Automotive Lubricants Market Segmentations

By Type of Automotive Lubricants         

Heavy-Duty Diesel Engine Oil

Passenger Vehicle Motor Oil

Transmission Fluids

Hydraulic Oil

Greases

Gear Oils

By End Use of Automotive Lubricant

Commercial Vehicles

Passenger Cars

Motor Cycles

Marine

Others (Aviation, Railways, etc.)

By Distribution Channel

Dealer Network

OEM Workshops/Service stations/Local Workshops

Supermarkets/ Hypermarkets

Online

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Key Target Audience:-

Lubricants Manufacturers

Lubricants Distributors Refining Companies

Construction and Mining Industry

General Manufacturing Industry

Metal Production Industry Base-oil Companies

Additive Companies

Metal Production Industry

Power Generation Industry

Food Processing Industry

Agriculture Industry

Medical Industry

Automotive OEMs

Automotive Dealerships

Government Agencies

Consulting and Advisory Firms

Time Period Captured in the Report:-

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027F

Companies Covered:-

Bardahl

BP PLC (Castrol)

Chevron Corporation

ExxonMobil Corporation

Mexicana de Lubricantes S.A. de C.V.

Raloy

Roshfrans

Royal Dutch Shell Plc

Total Energies

Valvoline Inc.

Gulf

Shell

Key Topics Covered in the Report

Mexico Industrial and Automotive Overview

Ecosystem, Business Cycle and Genesis Mexico Lubricants Market

Market Sizing Analysis and Segmentation of Mexico Lubricants Market, 2017-2022

Mexico Industrial Lubricants Market Segmentation, 2022

Mexico Automotive Lubricants Market Segmentation, 2022

Industry Analysis Mexico Lubricants Market

End User Analysis of Mexico Lubricants Market

Competitive Framework of Mexico Industrial and Automotive Lubricant Market

Future Market Size and Future Segmentation of Mexico Industrial and Automotive Lubricant Market, 2022-2027F

Market Opportunity and Analyst Recommendations

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

Mexico Lubricants Market

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