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Maximum Revenue Continues to Pour in to Automotive Engine Cover Market through Passenger Cars

February 18, 2019 by Steve Blade  

The global automotive engine cover market is poised to reach a value more than US$ 1250 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the forecasted period of 2017 to 2022. Growing population along with higher disposable income has led to increase in the purchase of vehicles and passenger cars, ultimately leading to the rise of the automotive industry. This has contributed to the growth of the global automotive engine cover market. Factors such as increasing urbanization, innovations in engine cover with new technologies, and government regulations which demand light weight covers for engines are few aspects which contribute to the growth of the global automotive engine cover market. Europe region is expected to dominate the global market and grows at a steady rate.

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Maximum Revenue Continues to Pour in to Automotive Engine Cover Market through Passenger Cars

Dramatic organic growth in the production and sales of passenger cars has been among the key factors generating demand for automotive engine cover. As governments are increasingly imposing strict regulatory standards such as CAFÉ (Corporate Average Fuel Economy) standards, automakers as well as vehicle owners are rapidly preferring a switch to lightweight automotive components, promoting fuel economy.

High Performance Materials: The Potential Future of Automotive Engine Cover that Renders a Dual Advantage

Adhering to the fact that automotive engine cover demands a specific balance of properties for proper maintenance of the dimensional appearance in addition to the warp resistance, a majority of automakers are encouraging automotive engine cover manufacturers to utilize materials that possess resistance to high temperature as well as under-the-hood chemicals.

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Moreover, reduction of the engine noise is also a growing trend, which is effectively supported by acoustic automotive engine covers manufactured by using a wide range of high performance composite materials such as PET (polyethylene terephthalate) or polyester.

Competition Assessment: Global Automotive Engine Cover Market Landscape
Approximately 10% vehicle weight reduction consequently leads to an average of 6% fuel usage reduction. With this highlighting the driving force behind the automotive industry’s shift towards lightweight components, tightening regulatory norms regarding fuel emission control and high fuel efficiency further underline the critical need for embracing lightweight automotive components manufacturing.

A majority of participants in the value chain of global automotive engine cover market are thus prioritizing a move towards lightweight composite materials. A highly flexible foam made from polyurethane has been developed by the German Chemical giant BASF, which is considered as an ideal automotive engine cover material by industry experts. The flexible soft automotive engine cover made from the company’s patented version of Elastofoam has already been incorporated into selected Volvo models with an objective to integrate mechanical and acoustic properties.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

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Global Automotive Exhaust Manifolds Market Growing Demand to Impact Revenue Share during 2018-2028

February 18, 2019 by Steve Blade  

Automotive exhaust manifold plays a very important in any vehicle exhaust system, as it connects the cylinder head and then funnels the exhaust gases to the exhaust pipes. There gaskets present between the connection with the automotive exhaust manifolds, which prevents the poisonous exhaust fumes from sneaking into the vehicle and harming the occupants. Automotive exhaust manifolds are used in engines powered with both diesel and gasoline (petrol) in all vehicle types (PCV, LCV and HCV) in the Global Exhaust Manifolds Market.

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Automotive Exhaust Manifolds should be manufactured and designed with utmost quality and precision, as even a small engineering flaw can danger human life, or result in the total loss of the automobile. Hence, cylinder chambers, including the cylinder head and automotive exhaust manifolds, are produced with high quality and accuracy to avoid mechanical disasters during the functioning of the engine. Increasing manufacturing ability and recent advancement have enabled the automotive industry to manufacture and design immaculate automotive exhaust manifolds in the global market.

Some of the prominent factors for the growth of the automotive exhaust manifolds market is the increasing vehicle production globally and the enhancement of safety features. An automotive exhaust manifolds has to be changed checked regularly and replaced if leakage is found so that it can perform its work efficiently. Thus, the automotive exhaust manifolds are one of the prominent aftermarket components in the global automotive market as they have a good replacement rate and hence by sales channels the aftermarket segment is estimated to grow with a prominent pace over the forecast period in the global market.

Automotive Exhaust Manifolds Market: Dynamics

The automotive exhaust manifolds market has a lot of scope in the research, development, and innovation department, as new approaches and technologies are being discovered for the manufacturing of upright and reliable engine parts and components. Additionally, new manufacturing technologies have enabled manufacturers to produce complex and difficult parts and components, such as cylinder heads, tubular automotive exhaust manifolds with ease and in very less manufacturing time. Moreover, the overall market for automotive exhaust manifolds has been inflating, owing to the overall global growth of the automotive industry.

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Present-day consumers are more attracted and fascinated towards performance-orientated vehicles with luxurious driving comfort. This will be a prominent driver for exhaust systems which includes automotive exhaust manifolds over the forecast period. For instance, manufacturers strive to produce exhaust manifolds with added precision, which will in turn drive growth of the market. Growing disposable income and high standard of living have enabled consumers to use vehicles that are more powerful with the full capability of the engine, for high driving performance. Furthermore, the use of the light stainless steel automotive exhaust manifolds that help reduce the overall weight of the vehicle is expected to fuel growth of the overall automotive exhaust manifolds market in the coming future.

Automotive Exhaust Manifolds Market: Regional Outlook

Europe and North America have a high lifestyle with comfortable standards of living and an increasing potential for spending; this has led to the development of high quality automotive exhaust manifolds in these respective regions.

Developed automotive markets, such as the U.S., Germany, and Japan, have always witnessed high demand for vehicle customization and thus high sales of custom auto components such as automotive exhaust manifolds has been witnessed in the aftermarket. But with the disruptively changing automotive industry in the developing markets as well, there has been increased adoption of this trend, i.e., demand for customized automotive exhaust manifolds. For racing aspirants, exhaust system is highly crucial. Manufacturers in the market are also focused towards supplying model-wise customized high-performance automotive exhaust manifolds. The performance exhaust systems component such as automotive exhaust manifolds available in the aftermarket are relatively high priced than the standard ones but offer various advantages, including higher engine performance and efficiency, style and desired acoustic comfort. These conditions are expected to act as catalysts for the growth of the overall automotive exhaust manifolds market in the coming future.

Automotive exhaust manifolds are essential for the effective operation of any vehicle, and have a good maintenance and service rate in all automobiles. Thus, the automotive exhaust manifolds aftermarket is expected see rapid growth in all developed and developing countries in the future. Evolving markets in the Asia Pacific region, especially China, India and Japan, will play a vital role in the expansion of the automotive exhaust manifolds market in the near future. In countries, such as India, China, South Korea and Japan, automobiles are the primary mode of transportation and hence, there is huge growth prospective for the automotive exhaust manifolds market over the coming years.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Soybean Oil Market Scenario Highlighting Major Drivers & Trends, 2017 to 2022

February 18, 2019 by Steve Blade  

As per the latest study conducted by the Fact.MR, the global market for soybean oil is set to increase at a steady rate over the next five years and reach a valuation in excess of US$ 21,373 Mn by 2022-end. Soybean oil is one of the most common cooking oil, which is used worldwide. Nearly two-third amount of the soybean that is produced across the globe is used for soybean oil production. In the recent years, the global production of soybean oil has surged incessantly owing to its increasing application in the food and beverage industry. The product is widely used for baking, frying and as a condiment for salads.  

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Demand for the product is gaining traction owing to its omega-3 fatty acids and polyunsaturated fats content that are beneficial to the health.  Moreover, soybean oil is also used in the manufacturing alkyd resins that are used in inks and oil paints. Soybean oil continue to be a cost-efficient cooking oil, which is readily available in the market. The aforementioned factors are likely to make a positive influence on the global market for soybean oil.

Following are the key projections from Fact.MR’s forecast on the global market for soybean oil.

  • Based on product type, the processed soybean oil segment is projected to remain dominant throughout the forecast period. Consumption of processed soybean oil is relatively higher than the virgin variant. Currently, the former command for over two-third revenue share of the market. Most consumers prefer processed soybean oil for cooking as it is more refined, which in turn continues to drive its global demand.
  • Based on end use, the retail segment is projected to exhibit impressive growth between 2017 and 2022. In terms of revenue, this segment currently commands for around 38% share of the market and is anticipated to stand at US$ 8,156 Mn towards the end of the forecast period. Foodservice segment is expected to remain the second largest end use segment.

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  • On the basis of distribution channel, the modern trade segment is projected to retain its top position over 2022. Presently, the segment commands for nearly one-third revenue share of the market. Meanwhile, the online retail store segment is also reflecting a steady growth as well.
  • Among regions, Europe will continue to be the largest market for soybean oil and exhibit lucrative growth opportunities over the next couple of years. The market in the region is expected to register a relatively higher CAGR as compared to other region. 

Competition Tracking

Key players profiled in the Fact.MR report include ConAgra Foods (Agrotech Foods Ltd), Ach Food Companies, Inc., Marico Limited, Olympic Oils Limited, American Vegetable Oils, Inc., Fuji Vegetable Oil, Inc., Adams Group, Borges Mediterranean Group, Cargill Inc., Beidahuang Group, Bunge Limited, Associated British Foods (Ach), Archer Daniels Midland Company, Ruchi Soya Industries Ltd, and The Adani Wilmar Ltd. Owing to increasing demand for trans-fat free cooking oil, producers are actively focusing on introducing high quality refined soybean oil. 

Vehicle Customization Trending in Developing Regions, Uplifting Revenue Sales of Automotive Chrome Accessories in Aftermarket

February 18, 2019 by Steve Blade  

The report intelligence on global automotive chrome accessories reveals that during the course of assessment i.e. 2017-2022, the global automotive chrome accessories market revenue will see passive growth at below 3% CAGR. The roughly US$ 8 Bn automotive chrome accessories market is poised to face a longstanding challenging scenario through 2022 and ahead, prominently owing to scarce chrome ore supply and health concerns regarding the use of hexavalent chromium in plating. A majority of automakers and players competing in the global automotive chrome accessories are thus strategizing a shift towards a wide range of available alternatives to chrome plating such as plating with nickel and nickel alloys, media-blasting, bare metal and powder coating, ABS plastic, and decorative plating. However, some leading automobile manufacturers are still innovating the use of automotive chrome accessories in their recent and upcoming launches - the latest example of this innovation includes Mahindra’s Marazzo.

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Chrome Trim Products Are Back, Estimated to Sustain Steady Sales of Automotive Chrome Accessories

In addition to enhancing aesthetics of vehicles, automotive chrome accessories prominently improve the vehicle resistance to weathering. While chrome trim perfectly matches the OEM factory finish, it also allows vehicle features to stand out with a luxurious aesthetic appeal. The versatility and diversity of chrome usage will continue to sustain the sales of automotive chrome accessories in the near future. Although promising comeback of a range of chrome trim products is expected to continue generating steady demand for automotive chrome accessories, the overall sales of chrome trim products will remain passive - exhibiting a CAGR of just over 2.5% during 2017-2022.

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As indicated by the global automotive chrome accessories market report by Fact.MR, automotive chrome accessories will remain a preferred choice for plating among passenger vehicle manufacturers over the forecast period. Although the growth of automotive chrome accessories sale is poised to not exceed the CAGR 2.5% over 2017-2022 in premium as well as med-sized passenger cars (PCs), it is anticipated that compact and luxury PCs will demonstrate relatively higher CAGR values of over 3% through 2022. Product type assessment concludes that body side mouldings, door handle covers, and grille covers will remain the top selling automotive chrome accessories in the market towards 2022 end. Door handle cover sales are poised to witness relatively faster expansion at a CAGR of over 3.5% during 2017-2022.

Automotive Chrome Accessories Market: Competition Analysis

The report on global automotive chrome accessories market tracks some of the prominent players participating in the competitive landscape of automotive chrome accessories market. HELLA KGaA Hueck & Co, Oakmore Pty Ltd, Thule Group AB, Covercraft Industries, LLC, Lund International, Inc., Pep Boys - Manny, O'Reilly Automotive, Inc., Moe & Jack, U.S. Auto Parts Network, Inc., Fratelli Menabo' Srl, and Mont Blanc Industri AB are some of the companies that have been assessed in terms of their profiles, financial status, key offerings, developmental strategies, and value shares in the automotive chrome accessories market.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

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11140 Rockville Pike

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Spearmint Oil Market Highlighting Regional Revenue Share Dominance During 2017 to 2022

February 18, 2019 by Steve Blade  

Growing prevalence of indigestion and respiratory problems has led to a robust demand for spearmint oil in the healthcare industry. Attributed to health-related benefits, spearmint oil is likely to witness an upsurge in demand among the personal care and cosmetic product manufacturers. Such factors are likely to impact the global market positively. According to a recent report published, the global spearmint oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.

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Market Dynamics  

Rich in antioxidant properties, the spearmint oil witnesses a robust demand in various industries. Increasing prevalence of common cold, indigestion, respiratory problems has led to a boost in demand for spearmint oil in the healthcare industry. Moreover, spearmint is further used for disinfecting internal wound in the food pipeline, stomach and intestine. Apart from treatment of infections and diseases, spearmint oil is likely to witness an upsurge in demand in the cosmetic industry. Attributed to antiseptic and anti-oxidant properties, spearmint oil witnesses a significant demand among cosmetic manufacturers for reducing various skin imperfections and wrinkles. 

Growing need for insect repellant creams, anti-bacterial and anti-inflammatory products for soothing inflamed skin, itching, redness and swelling is expected to rev up demand for spearmint oil in the personal care industry. Attributed to anti-inflammatory, spearmint oil will witness a considerable demand among the personal care product manufacturers. Due to such factors growth of the global market of spearmint oil will witness an increase during the predicted period. Spearmint oil will witness significant demand in the therapeutic industry attributed to revitalizing properties and restorative fragrance. Manufacturers in the therapeutic industry are predicted to witness a robust demand for spearmint oil. Such factors will fuel the global market growth of spearmint positively by the end of 2022.

Segmentation Analysis

Natural spearmint oil among various products is likely to register a relatively high CAGR growth in the global spearmint oil through 2022. This segment will represent more than US$ 120 Mn in terms of value during the predicted period. Absolute spearmint oil among various product forms is likely to represent the most attractive segment in the global market of spearmint oil market by 2022 – end.

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Sales of spearmint oil will witness a significant growth through online portals among other distribution channels. Franchise outlets is expected to register the second highest CAGR growth in the global market of spearmint oil during the projected period. Therapeutic industry among other end users will reflect a relatively high CAGR growth in the global market. However, the food and beverages industry will represent a relatively high growth in terms of revenue by the end of 2022.

Regional Analysis

Europe among other regions is expected to remain a leading market for spearmint oil throughout 2022. Natural spearmint oil products are likely to outsell the organic products for spearmint oil in this region. Expansion of online channels is expected to contribute towards growth of the Europe market in terms of revenue during the projected period. Online distribution channel is expected to witness a relatively high CAGR growth, followed by franchise outlets. Spearmint oil in Europe will witness robust demand in the therapeutic industry. 

The report has also profiled leading players in the global market for spearmint oil, which include IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Aksuvital, DoTERRA International, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, Synthite Industries Ltd., Young Living Essential Oils, The Lebermuth Company Inc., and Green Fields Oil Factory.

Global Automotive Damper Pulley Market Precise Scenario Covering Trends, Opportunities and Growth Forecast during 2018-2028

February 18, 2019 by Steve Blade  

The Growing number of vehicles that sustain damage due to increasing stresses on engine, require damper pulley to manage overload on crankshaft. Automotive damper pulley is also named as the automotive crankshaft pulley which is mounted at the front end of the crankshaft. It drives the accessory belts which in turn drive the alternator. Modern engines in vehicles produce a large amount of torsional vibration in the crankshaft and the pulley filter absorb the vibration. Automotive damper pulley also reduce the low frequency vibration generate by the diesel engine. Automotive damper pulley varied with the material used for the manufacturing such as metal, nylon and other. Prominent players in the market are focusing on continuous innovation in damper pulley design to increase overall efficiency. Focus on innovation and development of advanced products is the major trend observed in the automotive Damper Pulley Market.

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Manufacturers are focusing on utilizing advanced materials to achieve higher and efficient crankshaft performance. Due to high cost of new vehicles and limited disposable incomes of individuals in developing region, the demand for second hand vehicles is continuously increasing. The major import of second hand vehicles is from Europe, Japan and the U.S. These second hand vehicles require maintenance, which in turn is expected to fuel the demand for aftermarket automotive components such as automotive damper pulley.

Automotive Damper Pulley Market: Market Dynamics

Over the few years, the automotive parts and accessories manufacturing industry has gone through a comprehensive remodeling, which is leading to the advent of a highly competitive global industry. In the present scenario pertaining to the automotive industry, slight improvements have been witnessed in the demand for vehicles run by some form of electric power with a higher working range. This demand from the end users have compelled the traction damper pulley manufacturers to focus more on increasing the engine power density, which can provide high travelling range. Up surging demand from consumer end for more advanced automotive components drive the growth of automotive damper pulley market.

OEM automobile manufacturers may be capital constrained as they simultaneous investment is required across multiple mobility verticals. Attributing to these investments in research and development there is rise in prices, there has been a replacement effect, which is causing high-end materials to be replaced by low-end materials to increase the profit margin. Such factors are expected to hinder the growth of automotive damper pulley market.

 

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Automotive Damper Pulley Market: Regional outlook

North America is a developed automotive market and has high saturation for technologically advanced and high cost products. A large share of passenger cars and commercial vehicles in the region are equipped with advanced pulley technologies such as light weight damper pulley system. Furthermore, substantial sales of luxury and sports vehicles in the North America region makes the market more tending towards adoption of advanced technology based automotive components. Europe is expected to hold major share in automotive damper pulley market owing to the high production of automotive cars in the region. In addition, automakers are constantly focused towards reducing carbon emissions of their vehicles in order to ensure adherence to ever evolving emission norms across the region. Various automakers have pledged to significantly cut down emission levels by end of the current decade. Even small tweaks and innovations introduced by automakers can help reduce carbon emissions. Advancement in damper pulley system enhance the life span of diesel and petrol engine and this help to reduce emission. Developing economies in Asia pacific region is also expected to gain high traction over the years owing to the high production and consumption of the vehicle.

Automotive Damper Pulley Market: Key Market Players:

Examples of some of the market participants in the global automotive damper pulley market identified across the value chain include Sintercom India Ltd. Dayco, JTEKT Corporation, Zhejiang Dongxing Auto Parts Co., Ltd. Gates Corporation, Vibracoustic, INT, Horschel, GT Automotive 

The automotive damper pulley research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The automotive damper pulley research report provides analysis and information according to market segments such as geographies, application, and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
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United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
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Sunflower Oil Market Highlighting Regional Revenue Share Dominance During 2017 to 2022

February 18, 2019 by Steve Blade  

Increasing prevalence of cardiac diseases has led to an upsurge in demand for sunflower oil in the healthcare industry globally. Expansion of e-commerce will further impact growth of the global of sunflower oil market positively. According to the report, the global sunflower oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.

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Market Dynamics

Growing prevalence of cardiac diseases, asthma, and arthritis has revved up demand for sunflower oil across the healthcare industry. Majority of the men athletes are prone to dermal infections such as tenia pedis. Sunflower oil witnesses a robust demand in the healthcare industry for the prevention, and treatment of tenia pedis. Such factors are likely to impact global market growth of sunflower oil market significantly during the predicted period.

Apart from application in the healthcare industry, sunflower oil is likely to witness major demand among cosmetic manufacturers. Surge in demand for production of sunscreen, facial masks, and eye creams will contribute towards global market growth of sunflower oil positively throughout 2022. Moreover, sunflower oil witnesses significant demand as frying oil among food manufacturers. This is predicted to impact global market growth of sunflower oil significantly through 2022. However, increasing availability of other oil products such as olive oil are likely to substitute sunflower oil products. Such factors are likely to impede market growth of sunflower oil globally during the projected period.

Segmentation Analysis

Processed sun flower oil among other products will register significant CAGR growth in the global sunflower oil market throughout 2022. The report reveals that processed oil is predicted represent a major revenue share by the end of 2022. Food service among other end users will represent an attractive segment in the sunflower oil market globally during the projected period.

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On the other hand, retail sector is predicted to reflect a relatively high CAGR as compared to other end users in Europe. According to the report, online channels and franchise outlets will witness major growth in terms of sales in the global market. These segments will reflect a relatively high CAGR growth in the global sunflower oil market throughout 2022. Modern trade among other distribution channels will represent more than US$ 1,000 Mn in the global market of sunflower oil by the end of 2022.

Regional Analysis

Europe among other regions is expected to remain the largest market for sunflower oil globally throughout 2022. According to the report, processed sunflower in Europe will witness significant demand in the foodservice and retail industry. Modern trade in Europe will represent more than US$ 1,000 Mn by the end of 2022. Franchise outlets and online channels will remain major distribution channels for sunflower oil products in Europe.

Market Players

Key distributors and manufacturers highlighted in the report include Ruchi Soya Industries Ltd, The Adani Wilmar Ltd., Archer Daniels Midland Company, Associated British Foods (Ach), Bunge Limited, Beidahuang Group, Cargill Inc., Borges Mediterranean Group, Olympic Oils Limited, Adams Group, Marico Limited,  Fuji Vegetable Oil, Inc., American Vegetable Oils, Inc., ConAgra Foods (Agrotech Foods Ltd), and Ach Food Companies, Inc.

Global Air Bearing Spindle Market to Pave Path for Augmented Revenue during the Period 2018-2028

February 18, 2019 by Steve Blade  

Air bearing spindle is a motor-driven shaft that either position and transmits power to a cutting tool or holds a workpiece. Air bearing spindles have the advantages of very low error motions due to fluid-film-averaging effect, frictionless & high-performance positioning, cleanliness, and minimal maintenance. Thus, air bearing spindle is equipped with air bearings which allow the spindle to rotate at higher speeds.

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For applications, such as semiconductor processing, air bearing spindle provide an accurate, smooth, and repeatable motion, thereby, resulting in a better surface finish. In contrast to ball bearing spindles, air bearings spindles ensure minimal subsurface fracture in machining of materials with a high level of hardness and deliver constant bearing stiffness. Importantly, air is the only lubrication used in air bearing spindle; therefore air bearing technology is ideal where there must be no contamination of the working environment and work piece. Subsequently, aforementioned advantages linked with air bearings encourage the demand for air bearing spindle.  Favorable economic conditions and growing electronic industry will spring up the growth of the Global Air Bearing Spindle Market.  Subsequently, the aim of the study is to analyze the most recent trends and dynamics in the global air bearing spindle market.

With an advent of new technologies, the demand for optical and electronics product is expected to surge and consequently, the production of semiconductors to elevate. This demand will proliferate lucrative opportunities for the manufacturers of the air bearing spindle. Moving ahead, one of the vital applications of air bearing spindle is in PCB (Printed Circuit Board) manufacturing. PCB manufacturing is growing exponentially on the back of growing demand for computers, LCDs, LEDs, electronic gadgets, and among others suggesting a positive outlook for air bearing spindle market.

Robust sales growth in the semiconductor market will strengthen the demand for air bearing spindle in the manufacturing facilities across the globe. In addition to this, the electronics industry continues to evolve rapidly with new technologies continuing to put increased demands on the manufacturer/supplier.

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Thus, the positive growth outlook is anticipated for air bearing spindle market. Lastly, developments and ongoing improvements in some of the key areas of air bearing spindle are consistently redefining the boundaries of what can be achieved and broadening the scope for the use of the air bearing spindle.

Global Air Bearing Spindle Market: Regional Outlook

Growth in the North American electronics industry has been witnessing a solid outlook for past few years which will squarely impact the sales of the air bearing spindle. The sales growth of electronics manufacturing services has plateaued at low double-digit growth over the past few years. China, Taiwan, and Japan are the global drivers in terms of electronics production against the backdrop of significant production capabilities and low cost manufacturing. Consequently, air bearing spindle market will continue to observe hefty growth rates over the coming years. Moreover, India and SEAP countries are foreseen to witness healthy demand for electronics and auxiliary products. Growth of mobile phone market in India coupled with increase in number of mobile phone factories will likely to upsurge the demand for air bearing spindle. Also, increase in consumer spending across the Middle East & Africa set to encourage high production levels and a substantial demand for air bearing spindle.

Global Air Bearing Spindle Market: Key Participants

List of some of the prominent market participants in the global air bearing spindle market discerned across the value chain include: Westwind Air Bearings (Novanta Inc.) NTN Corporation, Seagull Solutions, Inc. FME Corp. Fives Landis Ltd. (Cranfield Precision), Air Bearings Ltd, PI Nelson Air Corp, Cranfield Precision

The research report – air bearing spindle presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The study on air bearing spindle market also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to air bearing spindle market segments such as geographies, application, and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://insiderstribune.com

Vetiver Oil Market Scenario Highlighting Major Drivers & Trends, 2017 to 2022

February 18, 2019 by Steve Blade  

Rise in demand of the vetiver oils can be attributed towards its vast benefits, not only in the cosmetic field or in perfume industry but also in the pharmaceutical sector where it is used in concoctions in order to treat several skin diseases, stretch marks, reinforcing the CNS (Central Nervous System) as well as used to treat conditions such as anxiety, depression, insomnia, stress, tension, nervousness etc.

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The major producers of vetiver oils are situated in Japan, China, Brazil and India making these regions as prime manufacturing areas for vetiver oil. The regions of US and Europe are considered to be the largest consumers for vetiver oils. This list also includes Japan and India. The increased awareness of natural remedies, benefits of vetiver oil and increasing adoption in different end use industries has spurred the growth of the vetiver oil market from a global standpoint. However, certain limitations such as vetiver oil cannot be consumed by pregnant women as it can cause problems or miscarriage challenge the growth of the vetiver oil market. Fact.MR’s recent research publication on vetiver oil market reveals that the global market for vetiver oil is expected to register a CAGR of 4.0% during the forecast period of 2017 to 2022 to reach a value of US$ 834.7 Mn.

Following extracts from FACT.MR’s global vetiver oil market will be ardent to the future prospects in the market

The global vetiver oil market is segmented into source type, form type, application and distribution channel. The research report by Fact.MR on global vetiver oil focuses on these segments and their sub segments and their growth and adoption in different regions of North America, Europe, Latin America, Asia Pacific excluding Japan (APEJ), Middle and Africa (MEA) and Japan.

Browse More Information about this Report @ https://www.factmr.com/report/114/vetiver-oil-market

Consumption of Vetiver Oil to Rise in Consumer Market, Especially in Europe

Europe remains the benchmark of consumption of vetiver oil owing to the growth of pharmaceutical industry and perfume industry in this region. Moreover, higher disposable income and luxury lifestyle in the developed regions in Europe contribute to the higher adoption of cosmetic products and medical products in which vetiver oil is used. The end use industry grows strong in Europe thereby increasing the use of vetiver oil in different applications. The European region seems to be lucrative considering all the segments and sub segments in the global vetiver oil market. Even though the adoption rate of vetiver oil in APEJ region is growing at good pace, Europe stays the most dominating region throughout the forecasted period.

Vetiver Oil Source Type, Organic to Show Higher Growth Rate

The organic sub segment of the source type in vetiver oil market shows a higher growth rate throughout the forecasted period and gains high Base Point Share (BPS) value during the period of forecast whereas the natural sub segment loses Base Point Share during this period. However, the absolute dollar opportunity of natural sub segment is comparatively higher than the organic sub segment, and so is the overall revenue market share. Europe is the most lucrative region for the vetiver oil by form type and is expected to grow at a higher pace till 2022.

The growth of vetiver oil market is influenced by several factors. Mainly the benefits of vetiver oil have increased the diameter of the awareness of the product and is becoming famous globally. Vetiver oil is highly found in end use applications such as perfumes, toiletries, cosmetics, and many more. Moreover, they have their use in the pharmaceutical industry wherein they are used in production of several medicines to cure skin diseases, treat insomnia, sleep disorders etc. The growth in adoption of vetiver oil has been on the rise owing to these end user sectors and their significant growth in the recent years. According to expert opinions and market observers, this growth will further increase in the forecasted period. The supply and demand side sectors also affect the growth of the vetiver oil. Tropical regions show higher cultivation of the vetiver plant and higher production of vetiver oil.

Online Sub Segment Out Paces all Other Distribution Channel Sub Segments

Modern trade, franchise outlets and specialty stores are outpaced by the online sub segment in the distribution channel segment of the global vetiver oil market. The online segment, however, has comparatively lower absolute dollar opportunity as compared to other sub segments. The modern trade sub segment reflects a moderate CAGR, close to yet lower than the online sub segment, but shows a relatively higher absolute dollar opportunity and a higher revenue share among the other sub segments. The online distribution channel is upcoming and in the coming years it is more likely to get a grip in the global vetiver oil market.

Women’s Wear Market Projected to Experience Major Revenue Boost during the Period between 2017 to 2022

February 18, 2019 by Steve Blade  

The global women’s wear market is prognosticated to get shot in the arm as fashion becomes a larger part of people’s lives. The reason for this is that it is not just women showing interest in fashion but also men as new products continue to fill shelves. Promotion and marketing of women’s wear have also played a critical role in increasing the demand in the global market. This could be supported by rapid urbanization and industrialization witnessed in leading regions of the global women’s wear market. Rise of online retail and e-shopping could act as another factor propelling the growth of the global women’s wear market.

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Latest fashion trends becoming popular on social media are envisioned to provide a fillip to the growth of the global women’s wear market. Increasing consumer confidence could help the global women’s wear market to gain impetus in terms of sales growth. Improving disposable income, especially in APEJ, is expected to push the demand for women’s wear. Growth in the number of working women around the world could also increase the demand in the global women’s wear market.

Fact.MR projects the global women’s wear market to reach an US$829.6 bn valuation by the end of 2022. Among various categories of women’s wear, ethnic wear is poised to be valued at a US$64.1 bn by the same year. This segment could also post a higher CAGR among other women’s wear categories during the forecast period 217-2022. By revenue, it secures close to a tenth of the total share of the global women’s wear market. Moreover, this share of the global women’s wear market could increase in the near future. Women’s wear can be classified into other categories such as footwear, accessories, trousers/skirts, sportswear, tops/shirts/T-shirts, sleepwear, winter wear, and innerwear.

On the basis of demographics, the global women’s wear market is segregated into 66+, 56-65, 46-55, 36-45, 26-35, and 18-25. By the end of the forecast period, a US$31.0 bn valuation could be obtained by the 18-25 women’s wear market. This segment is foretold to post a 5.4% CAGR during the said forecast period. By the final forecast year, it could gain a significant share of the global women’s wear market. Currently, it nearly collects a third of the total revenue share of the global women’s wear market.

Browse More Information about this Report @ https://www.factmr.com/report/115/womens-wear-market

As per sales channel, the global women’s wear market is divided into online, specialty stores, franchise stores, and modern trade.

From a geographical perspective, the global women’s wear market is envisaged to witness the rise of APEJ as a leading region due to increase in population. On the basis of value, this region could show sheer dominance on the global women’s wear market. This trend is predicted to continue until the end of the forecast period. Although it could grow at a moderate CAGR, APEJ could be one of the most attractive regions of the global women’s wear market. Increasing experimentation with clothing and the sense of self-consciousness in some women, if not all, are expected to cause a surge in the sales of women’s wear.

Companies are expected to bank on different strategies for extending their presence in the global women’s wear market. For instance, they could adopt merger and acquisition, collaboration, and new product launch to increase their share of the global women’s wear market. Women’s wear companies may also look to explore new markets and geographies for strengthening their position in the global market. Participating in fashion parades or shows could be a popular tactic to exhibit new product lines in the women’s wear business. Word-of-mouth marketing is also expected to play an important part in popularizing new products offered in the global women’s wear market.