Skip to main content

Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
Post a Comment

Acrylic Adhesives Market Is Anticipated To Reach $11.72 Billion By 2022

The global acrylic adhesives market size is projected to grow from USD 8.84 billion in 2017 to USD 11.72 billion by 2022, at a CAGR of 5.81% between 2017 and 2022. The acrylic adhesives market is shifting from traditional solvent-based acrylic adhesives to high-performance products such as cyanoacrylic and pressure-sensitive acrylic adhesives, driven by the requirement of superior performance. This shift is expected to fuel the growth of the acrylic adhesives market in the near future. 



Increasing population and technological advancements in the building & construction and transportation industries are expected to fuel the growth of the acrylic adhesives market in Asia-Pacific. China, Japan, and India are the major acrylic adhesives markets in Asia-Pacific.

Medical is projected to be the fastest-growing application segment of the market, owing to the technological advancements in acrylic adhesives and rising demand for specialty acrylic adhesives in the segment. Recent advancements in medical technology such as lightweight and micro machineries are propelling the demand for UV curable and cyanoacrylic adhesives. 

Based on formulating technology, the reactive segment is expected to witness the highest growth in acrylic adhesives market during the forecast period. This category generally includes any acrylic adhesive that undergoes a reaction to cure and form a bond. 

Key acrylic adhesives market players are expected to adopt growth strategies such as new product launches; mergers & acquisitions; investments & expansions; and partnerships, contracts, & agreements to achieve growth in the acrylic adhesives market in the near future. 

Major Growth Strategy Adopted By Key Players 

New product launch was the major strategy adopted by key industry players to achieve growth in the acrylic adhesives market between 2010 and 2016. This strategy accounted for a share of 51% of all growth strategies adopted by key market players. Companies adopted this strategy to provide improved products and develop acrylic adhesives for use across new applications. 3M Company (U.S.), Henkel AG & Company (Germany), Illinois Tool Works Corporation (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), Bostik SA (France), and H.B. Fuller (U.S.) are some of the leading players that adopted this strategy between 2010 and 2016. 

 Key Target Audience: 
  • Manufacturers of Acrylic Adhesives
  • Raw Material Suppliers
  • Traders, Distributors, and Suppliers of Acrylic Adhesives
  • Government & Regional Agencies and Research Organizations
  • Investment Research Firms 
Scope of the Report:

The global acrylic adhesives market has been covered in detail in this report. Current market demand and forecasts have also been included to provide a comprehensive market scenario. 

Top Performing Region: 
  • Asia-Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America 
About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. 

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. 

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Molecular Diagnostics Market Is Prospective To Reach $15.94 Billion By 2027 | CAGR Of 8.4%

The global  molecular diagnostics market  size is projected to reach USD 11.54 billion by 2023 from USD 7.71 billion in 2018, at CAGR of 8.4%.  Growth in this market is driven by the high prevalence of infectious diseases and various types of cancers, increasing awareness and acceptance of personalized medicine and companion diagnostics, growth in the biomarker identification market, and advancements in molecular techniques. The molecular diagnostics market is segmented on the basis of product and service, application, technology, end user, and region. Based on product and service, the market is broadly segmented into reagents and kits, instruments, and services and software. The reagents and kits segment is expected to register the highest CAGR during the forecast period. Growth in this segment can primarily be attributed to the availability of a wide range of reagents and kits, rising use of reagents and kits in different therapeutic areas (such as infectious diseases and oncol
Post a Comment
Read more

Flavors And Fragrances Market is Expected to Reach USD 24.13 Billion By 2022

The  flavors and fragrances market  is expected to grow from an estimated  USD 21.15 billion in 2017 to USD 24.13 billion by 2022, at a CAGR of 2.67% between 2017 and 2022.  The growing demand for flavors & fragrances from end-use industries such as food & beverage and consumer goods is expected to drive the flavors & fragrances market. The flavors & fragrances market is also expected to grow due to rising demand for consumer products and changing consumer preferences for convenience food products. The market has been segmented on the basis of ingredients, end use, and region. Based on ingredients, the natural ingredients segment is projected to grow at the highest CAGR between 2017 and 2022. This growth of the natural ingredients segment is attributed to the strict regulations related to the use of synthetic flavors & fragrances and growing awareness among populations concerning health and wellness. Download PDF Brochure:  https://www.marketsandmarkets.co
Post a Comment
Read more

Air Traffic Control Market Growth Driving Factors and Research Report, 2025

Increasing demand for scalable air traffic navigation services is fueling the remote tower market. The remote tower system is a remote air traffic control (ATC) room with video-sensor-based surveillance instead of the conventional out-of-the-window view from a real tower. Factors such as modernization of air traffic management (ATM) infrastructure, an increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. The  global air traffic control market size  is projected to grow from USD 9.3 billion in 2019 to USD 12.3 billion by 2025, at a CAGR of 4.8%. Factors such as modernization of air traffic management (ATM) infrastructure, an increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. Remote tower systems are gaining popularity as they are cost-effective
Post a Comment
Read more