Top Ten Common Prejudices About Polyethylene Naphthalate Market.

-
Image
In 2014, the global polyethylene naphthalate market was worth USD 827.0 million, and it is expected to grow at a CAGR of 7.5 percent over the next five years. Because of its improved thermal and barrier properties, such as oxidation resistance, polyethylene naphthalate (PEN) is primarily used in packaging applications. Over the forecast period, rising demand for high-strength photographic films is likely to drive market expansion. polyethylene naphthalate market Because of their higher stiffness modulus, PEN films are a major component of food packaging applications, providing increased barrier properties and enhancing the material's strength. These films are also used to make pressure sensitive tapes and thermal sheets. They are also involved in the protection of solar cells. Forward integration of raw material providers in PEN manufacturing is a feature of the polyethylene naphthalate market. These businesses actively consume raw materials in order to create their products. Con...
1 comment

Ten Secrets That Experts Of Refrigerated Transport Market Don't Want You To Know.

-



Refrigerated Transport Market, by Transport Type (Refrigerated Road Transport (Refrigerated Light Commercial Vehicles (LCV), Refrigerated Medium & Heavy Commercial Vehicles (MHCV), and Refrigerated Heavy Commercial Vehicles (HCV)), Refrigerated Sea Transport, Refrigerated Rail Transport, and Refrigerated Air Transport), and by Technology (Vapor Compression Systems, Air Blown Evaporators, and Eutectic Evaporators), by Technology (Vapor Compression Systems.


Refrigerated Transport Market is another name for refrigerated shipping. It's a way of transporting freight that necessitates the use of temperature-controlled trucks. The truck is used for refrigerated transportation, which keeps the products at the proper temperature throughout the journey.


The global refrigerated transport market was worth US$ 15.8 billion in 2018, and it is predicted to grow at a CAGR of 6.32 percent over the forecast period (2019-2027), reaching US$ 27.21 billion in 2027. One of the major factors expected to fuel growth of the refrigerated transport market over the forecast period is growing demand for efficient distribution of perishable goods such as dairy products, beverages, processed meat, poultry products, ice cream, fruits, and other edible products that may perish in normal environmental conditions.


The rising occurrence of foodborne disorders is likely to fuel market growth, as refrigerators are used to extend the shelf life of food and maintain its optimal quality, reducing the chances of bacterial growth. The high frequency of different foodborne diseases and disorders, such as abdominal pain, vomiting, and diarrhoea, is predicted to drive demand for refrigerated transport for food distribution around the world, in order to keep food products safe. Consumption of tainted food, for example, can result in over 200 ailments ranging from diarrhoea to cancer, according to the World Health Organization (WHO). Furthermore, one of the primary causes of death is foodborne illness.


Over the projected period, this aspect is expected to increase demand for refrigerators in various stages such as food manufacture, distribution, and supply, resulting in worldwide refrigerated transport market growth. As a result, the refrigerated transportation market is likely to develop over the forecast period due to the growing requirement to preserve food in order to meet client demand.


The market is divided into three categories based on technology: vapour compression systems, air blown evaporators, and eutectic devices. In terms of technology, the air blown evaporators segment accounted for 46 percent of the market in 2018, and it is predicted to grow to 46.5 percent by 2027.


Furthermore, the eutectic devices refrigerated transport category had the second biggest market share in 2018, with roughly 29.6%, and is predicted to reach 31.8 percent in 2027.


Europe accounted for the greatest share of the refrigerated transport market in 2018, with roughly 35.2 percent, and is likely to maintain its dominance over the forecast period. This is due to an increase in demand for frozen meals in Europe, which is likely to propel the market forward. Furthermore, the demand for frozen goods is largest in Germany, the United Kingdom, and France. According to Coherent Industry Insights' estimate, Germany, the United Kingdom, and France together accounted for 54 percent of the frozen food market in Europe in 2015. According to the same source, roughly 5.8 million tonnes of frozen fruit and vegetables, 3.3 tonnes of ice cream and frozen sweets were consumed in 2015.


As a result, rising demand for frozen goods is predicted to increase demand for cold supply chains, boosting the growth of the refrigerated transport market in Europe throughout the forecast period.


China International Marine Containers (Group) Ltd., Daikin Industries, Ltd., Great Dane Trailers, Inc., HYUNDAI Translead, Ingersoll-Rand PLC (Thermo King), Lamberet SAS, Mitsubishi Heavy Industries, LtdSchmitz Cargobull AG, Singamas Container Holdings Limited, United Technologies Corporation (Carrier Corporation), and United Technologies Corporation (Carrier Corporation) are some of the major players in the Refrigerated Transport Market.

Comments

Post a Comment

Popular posts from this blog

Top Ten Common Prejudices About Polyethylene Naphthalate Market.

-
Image
In 2014, the global polyethylene naphthalate market was worth USD 827.0 million, and it is expected to grow at a CAGR of 7.5 percent over the next five years. Because of its improved thermal and barrier properties, such as oxidation resistance, polyethylene naphthalate (PEN) is primarily used in packaging applications. Over the forecast period, rising demand for high-strength photographic films is likely to drive market expansion. polyethylene naphthalate market Because of their higher stiffness modulus, PEN films are a major component of food packaging applications, providing increased barrier properties and enhancing the material's strength. These films are also used to make pressure sensitive tapes and thermal sheets. They are also involved in the protection of solar cells. Forward integration of raw material providers in PEN manufacturing is a feature of the polyethylene naphthalate market. These businesses actively consume raw materials in order to create their products. Con...
Read more

10 Benefits Of Paper And Packaging Market That May Change Your Perspective.

-
Image
The paper packaging market during the projection period of 2021-2026, the paper packaging market grew at a CAGR of 3.87 percent. The COVID-19 epidemic wreaked havoc on the packaging sector, with the impacts of nationwide lockdown, corporations shifting their sourcing away from China, and materials used in packaging being reconsidered. Although there has been a substantial impact on the supply side of paper packaging, a large growth in end-user demand in specific applications has significantly expanded the scope of paper packaging. Paper packaging is a flexible and cost-effective way to protect, store, and transport a variety of items. It can also be tailored to match the needs of certain customers or products. The characteristics of paper packaging, such as lightweight, biodegradability, and recyclability, make it a crucial component for packaging. The market for paper packaging is being driven by rising consumer awareness of sustainable packaging and tight rules enforced by various en...
Read more

5 Various Ways To Do Obesity Management Drugs Market.

-
Image
Obesity is a medical disorder in which the body accumulates too much fat. Excessive food intake, hereditary vulnerability, and a lack of physical activity are all frequent causes of the Obesity Management Drugs Market . Bupropion and Naltrexone, Orlistat, Lorcaserin, Phentermine and Topiramate, and Liraglutide are some of the drugs used to treat obesity. Over the forecast period, the worldwide Obesity Management Drugs Market is expected to rise due to the high prevalence of obesity. According to MedAlertHelp.org, nearly 1.9 billion adults globally are considered overweight. Furthermore, obesity R&D is expected to contribute to the global obesity management drugs market's growth. According to a short study to be presented at e-ECE 2020, the 22nd European Congress of Endocrinology, the probiotic strain Bifidobacterium breve, when combined with a calorie-controlled diet, may aid in the weight loss of obese children and adolescents. The global obesity treatment pharmaceuticals ma...
Read more