Global Pectin Market Overview 2018: Growth, Share, Demand and Forecast Research Report to 2023

The global pectin market has witnessed a healthy growth over the past few years. This can be accredited to the changing preferences of the health-conscious consumers and numerous applications of pectin in the pharmaceutical, cosmetics and food industries.

Pectin refers to a group of water-soluble carbohydrate substances which are mostly found in ripe fruits. It is obtained by the aqueous extraction from edible plant materials, such as apple pomace and citrus peel. Pectin is mainly used for its gelling property which improves the texture of drinks and gives them a jelly-like consistency. It is a high source of fibre and also treats diabetes, aids weight loss, controls diarrhoea and lowers cholesterol. A new research report by IMARC Group, titled “Pectin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of 69,664 Tons in 2017. The report further anticipates the market to reach a volume 93,891 Tons by 2023, at a projected CAGR of 5% over the forecast period.

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Global Pectin Market Drivers/Constraints:

• Pectin is extensively used as a gelling agent in a variety of fruit-based products, such as marmalades, jellies, jams, fruit filling for bakery products and fruit preparations for desserts and yogurts. The growing demand for these products is anticipated to drive the growth of the global pectin market.
• The usage for pectin in the pharmaceutical and cosmeceutical sectors is gaining traction as it is used in wound healing preparations, specialty medical adhesives and as a natural structure provider for pastes, oils, and creams.
• Some of the other factors bolstering the market growth are the increasing demand for natural and organic ingredients, growing health concerns and the changing preference of consumers towards functional foods.
• The unavailability of raw materials and fluctuations in the prices of raw materials are the major factors hampering the growth of the market.

Raw Material Insights:

Citrus peel, apple peel and other fruit and vegetable residues are the major raw materials used in the production of pectin. Currently, citrus peels are the most popular raw material used for pectin production as they contain around 20-30% of pectin.

End-Use Insights:

Based on end-use, the report finds that jams and preserves currently represent the largest end-use segment of pectin as it preserves their fresh flavor and maintains their natural color. It is followed by drinkable and spoonable yoghurt, bakery and confectionery, fruit beverages, and other milk drinks.

Regional Insights:

On a geographical front, Europe is the leading market for pectin on account of its high demand in the food and beverage industry. Other major regions are Asia, North America and Latin America.

Competitive Landscape:

The market is highly concentrated with the presence of a handful of players due to high capital investment. Some of the leading players operating in the market are:

• CP Kelco
• DuPont
• Cargill
• Herbstreith & Fox
• Naturex
• Yantai Andre Pectin

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Naphtha Market Research Report 2018-2023

Saccharin Market Research Report 2018-2023

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Global Neodymium-Iron-Boron Magnet Market Overview 2018: Growth, Demand and Forecast Research Report to 2023

The global neodymium-iron-boron magnet market has been witnessing a positive growth. This can be accredited to the surge in the energy harvesting sector along with the ever-increasing environmental concerns.

Neodymium-iron-boron magnets (NdFeB) are a type of permanent magnets made from an alloy of neodymium, iron and boron. They require a protective surface coating as a result of their lower Curie temperature and tendency to undergo oxidation. However, their high magnetic strength and energy efficiency makes NdFeB magnets ideal for applications where compact yet strong permanent magnets are required. A new research report by IMARC Group, titled “Neodymium-Iron-Boron Magnet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 11.3 Billion in 2017. The report further anticipates the market to cross US$ 17 Billion by 2023, at a projected CAGR of more than 7% over the forecast period.

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Global Neodymium-Iron-Boron Magnet Market Drivers/Constraints:

• The growing demand for high magnetic strength and miniaturization of equipment in existing and emerging applications is majorly driving the global market for NdFeB magnets.
• The government initiatives to stimulate the use of green technologies so as to decrease the greenhouse gas emissions is expected to drive the growth of the global NdFeB magnet market.
• Some of the other factors propelling the demand for NdFeB magnets include their increasing and wide-ranging applications in sectors such as defence, automotive, medical, electronic, industrial, etc.; limited substitutes; flourishing end-use industries; etc.
• The high cost, low Curie temperature and propensity to undergo oxidation represent the major constraints to the applications of NdFeB magnets.

Application Insights:

On the basis of applications, the motors and generators sector is the largest consumer of NdFeB magnets, followed by HDD/CD/DVD, transportation, energy production and storage, transducers, and drives, clutches and braking. Motors and generators dominate the market as they are used in wind turbines and improve the energy output at slower wind speed, thereby, reducing energy wastage and making them energy efficient.

Regional Insights:

Country-wise, China enjoys a leading position in the global NdFeB magnet market on account of the high demand for these magnets from the major end-user industries in the region. China also has a monopoly on the raw materials used to produce these magnets which facilitates the production of these magnets in the country. It is followed by Japan, Europe and others.

Competitive Landscape:

The market is highly fragmented with the presence of various small and large manufacturers who compete in terms of volume and revenue. As China provides a secure and economical supply of the major raw materials, most of the rare earth magnets manufacturers are based in the country.

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Ferrite Magnet Market Research Report 2018-2023

Samarium Cobalt Magnets Market Research Report 2018-2023

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Global Samarium Cobalt Magnets Market Overview 2018, Demand by Regions, Share and Forecast to 2023

The global samarium cobalt magnets market is witnessing a positive growth. This can be accredited to the several advantages offered by samarium cobalt magnets such as high magnetic strength, extreme thermal stability and resistance against corrosion.

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A form of rare earth magnets, samarium cobalt (SmCo) magnets are made of an alloy of cobalt and samarium. These magnets exhibit optimal thermal stability, high corrosion resistance and high magnetic strength as compared to neodymium (NdFeB) magnets. In addition to this, samarium cobalt magnets require proper handling owing to their brittle nature and need to be stored in atmosphere with mild temperatures as they are highly susceptible to cracking. A new research report by IMARC Group, titled “Samarium Cobalt Magnets Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2018-2023”, estimates that the market reached a value of US$ 462 Million in 2017.

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Global Samarium Cobalt Magnets Market Drivers/Constraints:

• These magnets are essentially used in various military weapon along with electrical systems in aircrafts for generating power. This is one of the major factors which is driving the growth of the market.
• Owing to their high working temperature, samarium cobalt magnets are being increasingly utilised for the applications of aerospace and military. This is another factor which is positively influencing the market growth.
• There has been a rise in the demand for miniaturisation of equipment and high magnetic strength in emerging and existing applications. This has highly contributed towards an augmented demand for samarium cobalt magnets across the globe.
• However, these magnets are costlier than ferrite magnets and have to be handled with care owing to their brittle nature. This, in turn, has hindered the growth of the market.

Application Insights:

Samarium cobalt magnets are currently being used across various sectors. Defence sector represents the largest application segment, holding the majority of the market share. This can be attributed to the higher curie temperature of samarium cobalt magnet, which is considered ideal for high-field strength. Defence sector is followed by aerospace, motors and actuators, electronics and medical devices.

Regional Insights:

On a geographical front, China enjoys a leading position in the global samarium cobalt magnets market owing to the easily available raw materials which are required to produce samarium cobalt magnets. Other major markets include the United States and Europe.

Competitive Landscape:

The market is fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Ningbo NGYC (Ninggang Permanent Magnetic) Materials Co. Ltd.   
• Ningbo Ketian   
• Arnold Magnetic Technologies   
• ADAMS Magnetic Products   
• Bunting   
• Eclipse Magnetics   
• Hangzhou Permanent Magnet Group (HPMG)   
• Thomas & Skinner Inc.

Browse related report:

Rare Earth Magnet Market Research Report: https://www.imarcgroup.com/rare-earth-magnet-manufacturing-plant

Neodymium-Iron-Boron Magnet Market Research Report: https://www.imarcgroup.com/neodymium-iron-boron-magnet-manufacturing-plant

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Global Cross Laminated Timber Market Overview 2018: Growth, Demand and Forecast Research Report to 2023

The global cross laminated timber market is growing at a healthy rate as they are environment-friendly and can be easily installed. Owing to this, cross laminated timber is now being increasingly used in the construction industry which has further given impetus to the market.

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Cross laminated timber (CLT) is a panel of wood, designed by gluing together layers of solid-sawn timber. The process offers improved dimensional stability to the product, in-plane and out-of-plane strength, stiffness and increases the splitting resistance. Over the years, cross laminated timber has replaced other concrete alternatives such as steel and masonry due to their cost effectiveness, easy and faster installation, high strength, etc. A new research report by IMARC Group, titled “Cross Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth US$ 564 Million in 2017. The report further anticipates the market to reach a value of approximately US$ 1.3 Billion by 2023, at a projected CAGR of around 15% over the forecast period.

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Market Drivers/Constraints:

• The green building movement and other international initiatives are gaining momentum worldwide. Cross laminated timber is regarded as environment-friendly material which requires low energy consumptions as compared to its counterparts.
• The use of cross laminated timber offers structural capability and reduction in construction cost as well as time, making it apt for usage in all elements of construction such as walls, roofs, floor, etc.
• The consistent marketing efforts by manufacturers have also aided in creating awareness about the advantages of cross-laminated timber among consumers.
• However, there are several factors that hamper the market growth. Structures created using cross laminated timber require external support and added insulation. Moreover, any kind of future transformations with structure is difficult in comparison to the traditional constructional materials.

Application Insights:

Residential represents the largest application segment in the cross-laminated timber market. Residential is followed by educational institutes, government/public buildings and commercial spaces.

Regional Insights:

On a geographical front, Europe enjoys a leading position in the global cross-laminated timber market on account of its high demand in the region. In Europe, Austria exhibits a clear dominance in the market. It is followed by North America (including the United States and Canada).

Competitive Landscape:

The market is concentrated with the presence of large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for new players to survive. Some of the leading players operating in the market are:

• Stora Enso
• KLH
• Binderholz
• Mayr Melnhof
• Hasslacher

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European Cross-Laminated Timber Market Research Report: https://www.imarcgroup.com/european-cross-laminated-timber-market

North America Cross-Laminated Timber Market Research Report: https://www.imarcgroup.com/north-america-cross-laminated-timber-market

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Global Starch Blended Biodegradable Polymers Market Overview 2018, Demand by Regions, Share and Forecast to 2023

The global starch blended biodegradable polymer market is growing at an exponential rate as these polymers are environmental friendly and cost-effective. Owing to this, starch blended biodegradable polymers are now being increasingly used in food packaging and agriculture.

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Starch blended biodegradable polymers are made by combining starch and its derivatives with certain synthetic polymers via physical blending or chemical modification. These polymers have the biodegradability of starch as well as the physical properties of synthetic polymers. After polylactic acid (PLA), starch based biodegradable polymers currently represent the second-largest category of biodegradable polymers. A new research report by IMARC Group, titled “Starch Blended Biodegradable Polymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of around 314 Thousand Tons in 2017. The report further anticipates the market to reach a volume of 588 Thousand Tons by 2023, at a projected CAGR of 11% over the forecast period.

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Global Starch Blended Biodegradable Polymer Market Drivers/Constraints:

• The major demand driver fuelling the growth of the starch blended biodegradable polymer market is their extensive use in various applications such as food packaging, agriculture etc.
• Owing to their declining costs, the use of starch blended biodegradable polymers has surpassed that of synthetic polymers. This is anticipated to propel the growth of the starch blended biodegradable polymers market globally.
• In addition, the lower price and greater availability of starch coupled with its environment-friendly profile has made it as a viable alternative to petrochemical-based polymers. This is spurring the demand for starch blended biodegradable polymers worldwide.
• The stringent regulations by the government regarding the production of these polymers will impede the market growth.
• Apart from starch blended polymers, there are various other biodegradable polymers which can substitute these polymers in their applications, thereby posing a threat to the market growth.

End-use Insights:

On the basis of end-use, flexible packaging represents the largest and fastest growing segment as these polymers are used in manufacturing food packaging and edible films which are odourless, tasteless, colourless, non-toxic and biodegradable. Other major segments include agriculture and horticulture, rigid packaging, consumer goods, and building and construction.

Product Type Insights:

Based on product type, the market has been categorised into biodegradable starch and durable starch. Currently, biodegradable starch dominates the market, accounting for the majority of the market share.

Regional Insights:

On the basis of region, Europe currently accounts for the majority of the total global market share, representing the leading market. In this region, starch blended biodegradable polymers are used in the form of microsphere or hydrogel to deliver drugs in the healthcare sector. Other major markets include Asia-Pacific and North America.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of price and quality. Some of the leading players operating in the market are:

• Novamont
• Rodenberg
• Wuhan Huali Environment Protection Sci. & Tech
• Livan
• Plantic Technologies

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Global Acetic Anhydride Market Overview 2018, Demand by Regions, Share Price Trends and Forecast Research Report to 2023

The global acetic anhydride market has witnessed a positive growth over the past several years. This can be attributed to the flourishing end-use industries such as cellulose acetate and pharmaceuticals, and a growing demand from emerging regions.

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Acetic anhydride is reactive, combustible and toxic in nature with a colourless appearance and a strong vinegar-like odour. It is mainly used as an acetylation agent and is utilized in the preparation of a number of commercially important chemical materials. Some of the major derivatives of acetic anhydride include cellulose acetate, Tetraacetylethylenediamine (TAED), aspirin (acetylsalicylic acid), etc. Acetic anhydride is also used in the manufacturing of modified starches, pesticides, artificial sweeteners, etc. and as a wood preservative. A new research report by IMARC Group, titled “Acetic Anhydride Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth more than US$ 5 Billion in 2017. The report further anticipates the market to reach a value of US$ 7.2 Billion by 2023, at a projected CAGR of around 6% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/acetic-anhydride-market-report

Global Acetic Anhydride Market Drivers/Constraints:

• The demand for acetic anhydride is largely driven by huge demand from the cigarette tow market, which requires cellulose acetate flakes. The increasing number of smokers, particularly in the emerging economies, have facilitated the market growth.
• Cellulose acetate also finds extensive applications in the textiles and clothing industry due to its comfortable, breathable, and absorbent nature.
• Emerging economies provide immense opportunities for the acetic anhydride market to expand on account of the increasing demand generated by the pharmaceutical industry where it is used for the production of aspirin.
• The stringent regulations due to the harmful environmental effects of acetic anhydride, coupled with strict monitoring of acetic anhydride trading for its use in the production of heroine, are major factors hindering the market growth.

End-Use Insights:

Based on end-use, the market is segregated into cellulose acetate, pharmaceuticals and Tetraacetylethylenediamine (TAED). Amongst these, the cellulose acetate industry represents the largest consumer of acetic anhydride as it is further used to produce cigarette filters, textiles, wound dressings, hygiene products, tool handles, etc.

Regional Insights:

On a geographical front, North America represents the leading market, accounting for the majority of the total global consumption. Other major regions include China, Western Europe, North-east Asia, South-east Asia, Middle East and Africa and Eastern Europe.

Competitive Landscape:

The market is highly concentrated with the presence of a small number of global players. There is an intense competition in the market which makes it difficult for new players to survive in the market. Some of the leading players operating in the market are:

• Celanese
• BP Chemicals
• Eastman Chemical Company
• BASF
• Jubilant Life Sciences
• DuPont
• SABIC
• PetroChina Ltd.
• Sasol Limited
• Daicel
• Sipchem
• Rhodia

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Global Ferrite Magnetic Powder Market Overview 2018: Growth, Demand and Forecast Research Report to 2023

The global ferrite magnetic powder market has witnessed a steady growth due to several benefits provided by ferrite magnetic powder such as cost-effectiveness, resistance to high/low temperature, easy transportation and rust resistance.

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Ferrite magnetic powder can be obtained from ceramic magnets which have electrical insulation properties. It can be found in two different types namely, anisotropic and isotropic ferrite magnetic powder. Anisotropic ferrite magnetic powder is used in the production of sintered ferrite magnets of medium energy which are further used in medium and lower class micro-motor and holding devices. On the other hand, isotropic ferrite magnetic powder is suitable for manufacturing sintered ferrite magnets with lower energy. Moreover, the fluidity of ferrite magnetic powder also plays an important role in affecting the compactness and padding speed in moulds. The latest report by IMARC Group, titled ‘’Ferrite Magnetic Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023’’, provides a comprehensive evaluation of the ferrite magnet market and offers a techno-commercial roadmap for setting up a ferrite magnetic powder manufacturing plant.

Read full report with TOC: https://www.imarcgroup.com/ferrite-magnetic-powder-market

Global Ferrite Magentic Powder Market Drivers/Constraints:

• Expanding industrial applications of ferrite magnetic powder in magnetic separators, magnetic therapy, medium and higher energy speaker rings, toys, automotive motors, coatings of magnetic recording tapes, holding-magnet systems and NMR devices is the major growth-inducing factor of the market.
• As ferrite magnets are cost-effective and exhibit better resistance to demagnetization and corrosion, they are gaining popularity among the manufacturers as an alternative to metallic magnets.
• Increasing consumption of micro-motors for various applications in diverse industries is expected to create an attractive market for both ferrite magnets and its powder in the upcoming years.
• Some factors such as weaker adhesive force per volume, high brittleness and lack of aesthetics hamper the demand for ferrite magnetic powder.

End-Use Insights:

Based on end-use, the report finds that electro-acoustic production products currently represent the largest end-use segment of ferrite magnetic powder. This segment is followed by electronics firms, power play tools, car line industry and calculating machine.

Regional Insights:

On a geographical front, China enjoys a leading position in the global market on account of the high demand for ferrite magnetic powder in the region. China is followed by Japan, USA and India.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Ningbo Yunsheng Co. Ltd.
• Hangzhou Permanent Magnet Group
• JPMF Guangdong Co. Ltd.
• Ninggang Permanent Magnet Materials Co. Ltd.
• Hitachi Metals Ltd.

Browse related reports:

Neodymium-Iron-Boron Magnet Market Research Report: https://www.imarcgroup.com/neodymium-iron-boron-magnet-manufacturing-plant

Samarium Cobalt Magnets Market Research Report: https://www.imarcgroup.com/prefeasibility-report-samarium-cobalt-magnet-manufacturing-plant

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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