ashwini67

Physical vapour deposition (PVD) Market Size, Development Strategy, Emerging Technologies, Trends and Forecast by Regions

The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.

Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. • Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

Browse Complete Report Summary@ https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

Industry Development: • January 2020 – Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
List of the Companies Profiled in the Market: • Advanced Energy Industries, Inc. (USA) • Intevac (USA) • Oerlikon Balzers (Switzerland) • Impact Coatings AB (Sweden) • AJA International, Inc. (USA) • Dynavac (USA) • Denton Vacuum (USA) • Angstrom Engineering, Inc. (Canada) • CHA Industries, Inc. (USA) • IHI HAUZER Techno Coating B V (The Netherlands) • The Kurt J Lesker Company (USA) • Other Key Players

Dimethyl Ether Market Share, Future Demand, Dynamics, Drivers, Research Methodology By 2028

The global dimethyl ether market size is expected to reach USD 8,755.17 million by 2028, exhibiting a CAGR of 10.5% between” 2021 to 2028. The shift from conventional diesel fuel to Dimethyl Ether (DME) gasoline due to its low cost and the zero-soot option will enable speedy expansion of the market during the forecast period, states Fortune Business Insights, in a report, titled “Dimethyl Ether Market, 2021-2028.” The market size stood at USD 4,001.89 million in 2020. Robust Research and Development Activities by Prominent Companies to Intensify Market The dimethyl ether industry is dominated by Jiutai Energy Group (China), Haldor Topsoe, Oberon fuels (U.S.), Royal Dutch Shell Plc. (The Netherlands), The Chemours Company (U.S.), Mitsubishi Corporation (Japan), Toyo Engineering Corporation. Companies are focused on expanding their production capacities to strengthen their position in the market. Companies are also increasing their raw material manufacturing and delivery operations to maintain product consistency and improve regional reach. The prominent companies are innovating their manufacturing technologies to save costs and enhance the production rate. The increasing pollution and health issues associated with carbon have resulted in huge demand for carbon-negative fuels. DME is a cost-effective hydrogen transporter, allowing the supply of green energy to the rapidly expanding hydrogen fuel cell vehicle industry. The eco-friendly benefits of this chemical will boost its demand in the forthcoming years. The high ignition efficiency and certain number of DMEs will boost its adoption in the transportation industry. Compared to diesel fuel, the lower viscosity and lubricity of this chemical will accelerate its growth in the forthcoming years. The Report Lists the Main Companies in the Global Market: • Jiutai Energy Group (China) • Haldor Topsoe • Oberon fuels (U.S.) • Royal Dutch Shell Plc. (The Netherlands) • The Chemours Company (U.S.), • Mitsubishi Corporation (Japan) • Toyo Engineering Corporation • Other Key Players DME Production Plan of Indonesia to Encourage Market Growth The Indonesian Ministry of Energy and Mineral Resources and state-owned energy company Pertamina announced their plans to increase DME's commercial production. Indonesia has been researching the prospect of blending domestically-manufactured DME with LPG for commercial and domestic usage to eliminate the necessity for imported LPG. The country has evaluated through several projects and hence announced its plans to amplify the production of coal-to-DME through extensive blending. Furthermore, Pertamina, a leading company partnered with Bukit Asam and Air Products to produce high-value products, including dimethyl ether in large capacities. The joint venture will focus on developing a coal gasification project, which will involve synthetic natural gas (SNG) and DME for commercial and domestic consumption. The collaboration will include the market study of this chemical for domestic and commercial applications, discovering its employment as a heating fuel for domestic purposes. Strict Regulations to Inhibit Market Growth The International Organization for Standardization has implemented several guidelines for the consumption of DME, which, in turn, can restrict the growth of the market during the forecast period. Companies are engaging in the manufacturing, mixing, and distributing of this bulk chemical in China without following the regulatory protocols. The collaboration of DME producers with manufacturers of valves, seals, and cylinders with a single standard for LPG and DME blends can dampen the dimethyl ether market growth. The cylinder, storage, and percentages of DME used in those blends require strict regulations for safety and handling procedures, which can restrict the dimethyl ether market share. Browse In-depth Summary of This Research Insight@ https://www.fortunebusinessinsights.com/dimethyl-ether-market-104309 LPG Blending to Hold the Largest Share Based on application, the market is divided into LPG blending, aerosol propellant, transportation fuel, and others. LPG blending is expected to account for the lion’s share during the forecast period. Low-emission and sustainability of LPG blending will boost the segment’s growth. This chemical can be produced through biomass, waste from pulp and paper plants, forest products, agricultural by-products, construction waste, and fuel crops. DME can also be derived directly from synthesis gas such as coal or biomass gasification, or natural gas reforming. Geographically, the market is classified into North America, Asia Pacific, Europe, and the Middle East, and Africa.

Flourishing Shipping Industry to Promote Growth in North America • The booming agriculture, shipping, and construction industries will spur demand for dimethyl ether in North America. • High consumption and production of DME in China, Japan, Korea, Indonesia, and India will push the growth of the Asia Pacific market. • Europe is predicted to experience a substantial growth rate during the forecast period owing to the rapid advancements in the automotive sector.

Food Packaging Market Analysis, Size, Price Factors, Business Opportunities in 2020 and forecast to 2027

The global food & beverage packaging market size is expected to showcase exponential growth by reaching USD 627.27 billion in 2027 while exhibiting a CAGR of 4.9% between 2020 and 2027. This growth is attributable to the increasing focus on providing efficient transportation services and the increasing adoption of advanced solutions in manufacturing of food & beverage packaging materials globally. Fortune Business Insights in its latest report, titled, “Food & Beverage Packaging Market Size, Share & Industry Analysis, By Material (Food Packaging Materials [Glass, Metal, Paper & Paperboard, Wood, and Plastics {Polypropylene, Polyethylene, PET}] and Beverage Packaging Materials [Plastic, Glass Metal]), By Type (Food Packaging [Rigid, Semi-Rigid, and Flexible] and Beverage Packaging [Can, Bottle & Jars, Pouch, Carton]), By Application and Regional Forecast, 2020-2027.”, observes that the market stood at USD 433.27 billion in 2019.

High Demand for Packaged Food Products amid COVID-19 to Propel Market Growth

The lockdown led to significant reduction in sale revenues of several industries due to halted industrial operations and people confined to their home spaces. The fear of contracting the disease, however, led to a surge of packaged food products that were deemed to be safe backed by efficient packaging provided by the companies. This is expected to bode well for the growth of the market amid the novel coronavirus during the forecast period.

There are several instances, wherein the food gets spoiled due to external forces amid faulty packaging. Therefore, to ensure the safety and longer shelf life of food products, it is vital to have efficient food & beverage packaging solutions at disposal. What does the Report Provide? The global market for food & beverage packaging report provides a qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market. Moreover, the research analyst has adopted several research methodologies such as Porter’s Five Forces analysis to extract information about the current trends and industry developments that will drive the market growth between 2020 and 2027. DRIVING FACTORS

Increasing Focus on Efficient Transportation to Promote Growth

The significant loss incurred by companies due to faulty packaging and transportation services is driving the manufacturers to adopt innovative packaging solutions such as Bag-in-Box (BIB), folding boxes, PTZ packaging (ready-to-mail boxes), and others. The safe and reliable delivery of food products to ensure customer satisfaction is propelling the manufacturers to adopt secure transportation services to ensure effective food & beverage packaging of products. Moreover, the increasing adoption of advanced solutions in the manufacturing of packaging materials is expected to boost the adoption of sustainable packaging materials that can be reused to reduce any detrimental effects on the environment. These factors are expected to contribute to the global food & beverage packaging market growth during the forecast period.

Browse Complete Report Summary@ https://www.fortunebusinessinsights.com/industry-reports/food-packaging-market-101941

SEGMENTATION

Food & Packaging Segment to Hold Highest Market Share

Based on application, the food & packaging segment is expected to hold the highest market share in terms of revenue backed by the growing demand for bakery & confectionary products that presents lucrative opportunities for the players to develop innovative food & packaging solutions globally.

REGIONAL INSIGHTS

Asia-Pacific to Remain at Forefront; Growing Disposable Income to Surge Demand

Among all the regions, the market in Asia-Pacific is expected to experience significant growth by holding the highest position in the global food & beverage packaging market in the forthcoming years. This growth is attributable to the availability of high disposable income among the working population that is likely to boost the demand for innovative food & beverage packaging solutions in the region between 2020 and 2027. Asia-Pacific stood at USD 147.08 billion in 2019.

The market in North America is expected to experience exponential growth during the forecast period. This is ascribable to factors such as increasing awareness regarding consumption of healthy packaged food in the region.

COMPETITIVE LANDSCAPE

Partnership between Key Players to Amplify Their Market Positions

The global market for food & beverage packaging is consolidated by key players striving to maintain a stronghold by partnering with other players to boost their positions. The other major companies are striving to gain a competitive edge over their rivals by adopting organic and inorganic strategies that will favor the global market in the forthcoming years. Industry Development:

• September 2020: Berry Global announced its partnership with Bhoomi to launch 100% sugarcane-based HDPE bottle. The 12-ounce HDPE bottle by Berry offers eco-friendly benefits and will replace Bonomi’s standard PET bottle.

List of the Companies Profiled in the Global Market for Food & Beverage Packaging: • Mondi Group (UK) • Amcor PLC (Switzerland) • Berry Global, Inc. (U.S.) • Stora Enso (Finland) • Sonoco Products Company (U.S.) • Constantia Flexibles (Austria) • Plastipak Holdings, Inc. (U.S.) • Tetra Pak (Switzerland) • DS Smith (UK) • Exxon Mobil Corporation (U.S.) • Crown Holdings, Inc. (U.S.) • Ball Corporation (U.S.) • Other Key Players

Ceramics Market Global Updates, Size, Share Estimation to 2026

The global ceramic market size will grow remarkably owing to the increasing demand from the building and construction segment worldwide. A report by Fortune Business Insights™ titled, “Ceramics Market Size, Share & Industry Analysis, By Type (Traditional, Advanced), By Application (Tiles, Sanitary Wares, Abrasives, Pottery, Bricks & Pipes, Others), By End-Use Industry (Building & Construction, Industrial, Medical, Others) and Regional Forecast, 2019-2026,” states that the market was worth USD 133.20 billion in 2018 and is expected to reach USD 243.12 billion by the end of 2026. Furthermore, the rising popularity of ceramics will help the market witness a CAGR of 8.0% within the forecast period of 2019 to 2026. As per current trends, the building and construction segment will emerge dominant in the market on account of increasing demand for concrete making products such as tiles, bricks, and others made out of ceramic.

Browse Complete Report Summary@ https://www.fortunebusinessinsights.com/industry-reports/ceramics-market-101916

The Report offers:

• Competitive landscape of the ceramic market • In-depth analysis of the market focusing on growth boosters, restraints, challenges, and opportunities in the market • List of key players in the market • Major industry developments and their impact on the overall market • Detailed segmentation of the market • Significant industry insights into the market • Other ceramic market trends

Increasing Demand from Medical Industry to Augment Growth

Ceramics is gaining popularity by the day as it is being utilized as an alternative to plastic and metal substances. The medical industry is also using ceramic for bone implants, fracture casts, tooth replacements, and others. Ceramic can also be used for making electrical and mechanical components, coupled with automotive components such as catalytic converter substrates, sensors, and others. Thus, the rise in demand from the industries mentioned above is likely to help increase ceramic market revenue in the near future. All the above factors indicate that the forthcoming years will prove to be beneficial and attract high revenues. Furthermore, the advent of ceramic for home appliances is also a major strategy adopted to help increase the overall ceramic market size in the coming years.

Efficient Raw Material Prices of Ceramics to Help Asia Pacific Emerge Dominant Taking into account the geographical segmentation, the ceramic market is categorized into five major regions. These regions include the Middle East and Africa, Europe, South America, Asia Pacific, and North America. Among these, Asia Pacific is holding a prominent ceramic market share and is likely to continue dominating the global market in the coming years as well. This is attributable to the ease of availability and efficient pricing of raw materials required for manufacturing ceramics. Apart from this, governments of various nations are supporting the growth of ceramics by launching policies to improve sanitation and promote the use of ceramic products instead of plastic and metal. On the other side, the Europe market will witness remarkable growth on account of the rising demand for electrical ceramics from the electronic industry.

Mergers and Acquisition Strategies Adopted by Manufacturers to Prove Beneficial for Players

One of the leading players of the ceramics market is Morgan Advanced Materials, having 109 operational sites and the capability of compaction pressing up to 500 tons. Manufacturers are emphasizing on introducing new products for attracting high revenues to the market. Ceramic market manufacturers are also adopting mergers and acquisition strategies to gain a competitive edge in the market and rise dominant.

Some of the key industry developments in the ceramic market are:

May 2019 – The Mannheim, Germany seller and manufacturers of ceramic plastics components and ceramic namely Friatec GmbH was acquired by its European headquarters based in Germany, Kyocera Fineceramic GmbH for advanced ceramics business operations with the help of a newly established subsidiary. By autumn 2019, these operations will be transported to their Kyocera Fineceramics Solutions GmbH subsidiary.

May 2019 – Ise Murata Manufacturing Co., celebrated the accomplishment of their second production building in the Tsu City of Mie Prefecture, situated in Japan. As per the company, this completion will further establish the framework for greater production proficiency and enhance the product development potentials in the future.

Some of the key ceramic market manufacturers include:

• Kyocera Corp. • Materion Corporation • Corning Inc. • McDanel Advanced Ceramic Technologies • Applied Ceramics, Inc. • 3M • Saint Gobain • CeramTec • Morgan Advanced Materials • Momentive Performance Materials, Inc. • Blasch Precision Ceramics Inc. • Rauschert GmbH • Murata Manufacturing Co. Ltd. • CoorsTek Imerys Ceramics

About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us: Fortune Business Insights™ Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune – 411045, Maharashtra, India.

Phone: US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: sales@fortunebusinessinsights.com

Connect us via Social Media Channels: LinkedIn Facebook Twitter