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Hot Melt Adhesives Market - Global Outlook and Forecast 2021-2026 - Arizton
GLOBAL HOT MELT ADHESIVES MARKET SIZE TO REACH OF USD 14.29 BILLION BY 2026, GROWING AT A CAGR OF 5.57% DURING THE PERIOD 2021-2026
HOT MELT ADHESIVES INDUSTRY INSIGHTS
The global hot melt adhesives market size to reach revenue of USD 14.29 billion by 2026, growing at a CAGR of 5.57% during the forecast period. Hot melt adhesives are witnessing high growth due to the rising demand in packaging, assembly, bookbinding, woodworking, and other applications industries. The high end-user variability of the industry makes the hot melt adhesives market one of the high-growth industries with high opportunities for vendors with different product categories. APAC is one of the major contributors to the rapid growth of the adhesive market due to the rise in end-user industries that prefer hot melt adhesives due to their longer shelf life. The manufacturing sector is estimated to grow by around 10% over the next five years, which is expected to boost the demand for hot melt adhesives across the globe.
With the high acceptance of sustainable products, bio-based adhesives are gaining high attraction in the hot melt adhesives market. The rising trend towards sustainability in the market has increased the demand for use of bio-based products which are made up of bio-renewable and waste feedstock. The food industry is witnessing multiple investments to incorporate the usage of recyclable packaging materials by 2025. The food industry contributes accounts for more than 70% of the revenue of the hot melt packaging industry.
The rise in Do-it-yourself activities among children and youngsters for home decoration and aesthetics is increasing the use of paper, fabric, metal, plastic, cardboard, glue, and strong adhesives. Hot melt adhesives are cost-effective and witnessing high attraction in various regions of North America and Europe. In the advent of COVID-19, DIY activities are gaining popularity among the population, thereby, boosting the demand for hot melt adhesives.
SNIPPETS
Around 35% to 40% of the industrial adhesives market is controlled by the top 6 to 8 companies while the remaining 60% is distributed among the companies in small to the mid-sized range.
Europe holds the largest hot melt adhesives market share and is expected to witness an absolute growth of 36% between 2020 to 2026.
APAC is one of the major contributors to the rapid growth of the adhesive market and will reach USD 4874.49 million by 2026.
Henkel offers one of the popular and oldest polyurethane-based hot melt adhesives named as TECHNOMELT PUR adhesive which has high bond strength and is gaining popularity in the global market.
Learn more insights about the hot melt adhesives market - https://www.arizton.com/market-reports/hot-melt-adhesives-market-size
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Educational Toys Market - Global Outlook and Forecast 2021-2026 - Arizton
THE GLOBAL EDUCATIONAL TOYS MARKET SIZE TO REACH USD 31.62 BILLION BY 2026, GROWING AT A CAGR OF 8.11% DURING THE PERIOD 2021-2026
EDUCATIONAL TOYS INDUSTRY INSIGHTS
The global educational toys market size was valued at USD 19.2 billion in 2020 and is expected to reach USD 31.62 billion by 2026, growing at a CAGR of 7.12% during the forecast period. The process of quick learning among children with the help of educational toys is easier, which is expected to fuel the growth of the educational toys market across the globe. The recent trend towards Augmented Reality (AR) learning toys is likely to boost the demand for educational toys year on year.
The learning toys market is witnessing an increase due to the influence of digital consumerism on the sale of learning toys. Vendors are accepting e-commerce distribution channels to boost the profit of the market. Amazon, eBay, Tmall, and JD are some of the most prominent vendors in the online retail segment. With the rising awareness about toy safety, the authorities introduce new regulations to ensure that the materials are safe for the end-users. Educational games that improve cognitive skills are expected to see the fastest growth with a CAGR of 9.25% during the forecast period.
The continuous government efforts of several countries to reduce plastic usage is likely to shift the consumer’s spending from plastic to sustainable materials that can be easily recycled. There are various retailers such as Frida & Fritiof focusing on providing eco-labeled non-toxic products which are environmentally friendly.
SNIPPETS
In July 2020, Alex brands were acquired by Out There First to form a new company Alex Global Products. Alex Global Products offers products under a wide brand portfolio, including Alex Toys, Ideal, backyard Safari, ZOOB, and Others.
In September 2020, Vtech announced the expansion of its Go-Go Smart Wheels product line to launch new interactive STEM toys for infants and toddlers. These help children to boost their imagination and promote joy and fun.
APAC region is projected to witness the highest growth rate of 10.92% and holds the largest educational toys market share of 28.10% in 2020.
The growth of the STEAM category in Japan leads to the rising share of educational toys in the country.
Find out more insights about the market - https://www.arizton.com/market-reports/educational-toys-market-size-analysis
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Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026 - Arizton
ELECTRIC VEHICLE CHARGING INFRASTRUCTURE MARKET SIZE TO CROSS USD 14 BILLION IN 2026, GROWING AT A CAGR OF 36% DURING THE PERIOD 2021-2026
EV CHARGING INFRASTRUCTURE INDUSTRY INSIGHTS
The global electric vehicle charging infrastructure market size to cross USD 14 billion in 2026, growing at a CAGR of 36% during the forecast period.
Automobile manufacturers are increasing their production of electric vehicles. The global electric vehicle sales were estimated at around 2.1 million in 2019, which brought the cumulative supply of electric vehicles to approximately 7.2 million EVs globally. For instance, in November 2019, Volkswagen opened its electric car assembly plant in North America. EV charging market vendors are helping countries to boost their electric vehicle penetration by investing and installing a greater number of EV charging points across countries since it is one of the biggest challenges in the EV market. Many automotive players are partnering with key market vendors and other manufacturers to provide customized infrastructure as part of their offerings. Utility companies are enhancing their business models through M&As and partnerships with pure players to provide a fully integrated EV ecosystem in the market.
The APAC market is projected to be driven by the large-scale development of EV charging networks in China, increasing demand for affordable electric vehicles for everyday use, and governments supporting electric vehicles during the forecast period. The expansion of advanced technology to boost electrification in China fuels the country's rapidly growing economy. China invested roughly USD 2.4 billion in improving the charging infrastructure until 2020. Governments of Japan and Korea have announced plans to dramatically increase the number of electric vehicle charging systems in their respective countries in the coming years. Moreover, growing innovations, include automated robot-based, wireless, and ultra-fast charger systems, are expected to boost the demand during the forecast period.
SNIPPETS
In 2021, global EV revenues are expected to increase by 50% or more. By 2030, the global EV market is expected to see a significant rise in the share of battery electric vehicles (BEVs) and hybrid cars.
Level 2 charging infrastructure expects to observe an increment growth of over 5,000 thousand units by 2026.
The wired charging infrastructure segment is likely to reach over 5,500 thousand units by 2026 due to cost efficiency and high flexibility.
The global private EV charging infrastructure market is likely to grow at a CAGR of over 30% from 2020 to 2026.
New product releases, industry expansions, mergers, alliances, and agreements are some of the tactics used by quick charger device manufacturers.
Read more insights about the market - https://www.arizton.com/market-reports/electric-vehicle-charging-station-market
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Recreational Boating Market - Global Outlook and Forecast 2021-2026 - Arizton
RECREATIONAL BOATING MARKET SIZE TO REACH USD 63.53 BILLION IN 2026, GROWING AT A CAGR OF 11.02% DURING THE PERIOD 2020-2026
RECREATIONAL BOATING INDUSTRY INSIGHTS
The global recreational boating market size to reach USD 63.53 billion in 2026, growing at a CAGR of over 11.02% during the period 2020-2026. The leisure boat market is undergoing several transformations. The marine industry is witnessing an increasing appeal among end-users for advanced and innovative features such as joystick docking controls, automatic trim controls, and digital throttles and shifts. Consumers have less time developing driving skills with the hectic lifestyle and compiling practical experience on the water with the hectic lifestyle. Thus, their reliance on automatic controls is growing at an unprecedented rate. The increasing focus on artificial intelligence is the critical technology process that is likely to be implemented in the marine industry. Artificial intelligence can be used to grow corals that are more immune to high sea temperatures and improve salinity and other variables. In the shipping industry, artificial intelligence makes things easier by impeccably incorporating new shipping logistics and communication technology to develop the business model within the industry.
Meanwhile, the outbreak of the COVID-19 pandemic has significantly influenced the market’s growth. Stringent restrictions on supply movements, activities in production facilities, and logistics of finished goods from manufacturers to consumers have hampered the recreational boating market. However, the overall new boat sales increased 59% in May 2020 compared to April 2020. According to Yamaha Watercraft Group, during the COVID-19 pandemic, about a third of first-time sport boat buyers revealed their buying was influenced by COVID-19, doubling the rate of first-time purchasers in April, May, and June.
SNIPPETS
The outboard boat market is likely to reach USD 22.92 billion by 2026 due to low-cost maintenance, ownership cost, and high fuel efficiency.
By volume, the inboard/stern drive segment expects to cross 110,938 units by 2026, growing at a CAGR of 8.14%.
The engine-powered segment is witnessing incremental revenues of USD 27.90 billion by 2026 because of the popularity and growth in coastal tourism worldwide.
The sail-propelled segment expects to reach USD 2.51 billion by 2026 despite the demand for sailboats in the US contracted by around 9% for the fifth consecutive year.
The cruising segment dominated the recreational boating market share due to growth in cruise ship capacities and the increase in cruising activities in the APAC region.
North America and Europe are likely to lead the recreational boat during the forecast period, growing at CAGRs of 10.97% and 9.45%, respectively.
Learn more insights from the third edition of the report - https://www.arizton.com/market-reports/recreational-boat-market
#Market#MarketResearch#MarketResearchReports#RecreationalBoating#RecreationalBoatingMarket#Boating#Sailing
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Hot Melt Adhesives Market - Global Outlook and Forecast 2021-2026 - Arizton
GLOBAL HOT MELT ADHESIVES MARKET SIZE TO REACH OF USD 14.29 BILLION BY 2026, GROWING AT A CAGR OF 5.57% DURING THE PERIOD 2021-2026
HOT MELT ADHESIVES INDUSTRY INSIGHTS
The global hot melt adhesives market size to reach revenue of USD 14.29 billion by 2026, growing at a CAGR of 5.57% during the forecast period. Hot melt adhesives are witnessing high growth due to the rising demand in packaging, assembly, bookbinding, woodworking, and other applications industries. The high end-user variability of the industry makes the hot melt adhesives market one of the high-growth industries with high opportunities for vendors with different product categories. APAC is one of the major contributors to the rapid growth of the adhesive market due to the rise in end-user industries that prefer hot melt adhesives due to their longer shelf life. The manufacturing sector is estimated to grow by around 10% over the next five years, which is expected to boost the demand for hot melt adhesives across the globe.
With the high acceptance of sustainable products, bio-based adhesives are gaining high attraction in the hot melt adhesives market. The rising trend towards sustainability in the market has increased the demand for use of bio-based products which are made up of bio-renewable and waste feedstock. The food industry is witnessing multiple investments to incorporate the usage of recyclable packaging materials by 2025. The food industry contributes accounts for more than 70% of the revenue of the hot melt packaging industry.
The rise in Do-it-yourself activities among children and youngsters for home decoration and aesthetics is increasing the use of paper, fabric, metal, plastic, cardboard, glue, and strong adhesives. Hot melt adhesives are cost-effective and witnessing high attraction in various regions of North America and Europe. In the advent of COVID-19, DIY activities are gaining popularity among the population, thereby, boosting the demand for hot melt adhesives.
SNIPPETS
Around 35% to 40% of the industrial adhesives market is controlled by the top 6 to 8 companies while the remaining 60% is distributed among the companies in small to the mid-sized range.
Europe holds the largest hot melt adhesives market share and is expected to witness an absolute growth of 36% between 2020 to 2026.
APAC is one of the major contributors to the rapid growth of the adhesive market and will reach USD 4874.49 million by 2026.
Henkel offers one of the popular and oldest polyurethane-based hot melt adhesives named as TECHNOMELT PUR adhesive which has high bond strength and is gaining popularity in the global market.
Gain more insights about the hot melt adhesives market - https://www.arizton.com/market-reports/hot-melt-adhesives-market-size
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Recreational Boating Market - Global Outlook and Forecast 2021-2026 - Arizton
RECREATIONAL BOATING MARKET SIZE TO REACH USD 63.53 BILLION IN 2026, GROWING AT A CAGR OF 11.02% DURING THE PERIOD 2020-2026
RECREATIONAL BOATING INDUSTRY INSIGHTS
The global recreational boating market size to reach USD 63.53 billion in 2026, growing at a CAGR of over 11.02% during the period 2020-2026. The leisure boat market is undergoing several transformations. The marine industry is witnessing an increasing appeal among end-users for advanced and innovative features such as joystick docking controls, automatic trim controls, and digital throttles and shifts. Consumers have less time developing driving skills with the hectic lifestyle and compiling practical experience on the water with the hectic lifestyle. Thus, their reliance on automatic controls is growing at an unprecedented rate. The increasing focus on artificial intelligence is the critical technology process that is likely to be implemented in the marine industry. Artificial intelligence can be used to grow corals that are more immune to high sea temperatures and improve salinity and other variables. In the shipping industry, artificial intelligence makes things easier by impeccably incorporating new shipping logistics and communication technology to develop the business model within the industry.
Meanwhile, the outbreak of the COVID-19 pandemic has significantly influenced the market’s growth. Stringent restrictions on supply movements, activities in production facilities, and logistics of finished goods from manufacturers to consumers have hampered the recreational boating market. However, the overall new boat sales increased 59% in May 2020 compared to April 2020. According to Yamaha Watercraft Group, during the COVID-19 pandemic, about a third of first-time sport boat buyers revealed their buying was influenced by COVID-19, doubling the rate of first-time purchasers in April, May, and June.
SNIPPETS
The outboard boat market is likely to reach USD 22.92 billion by 2026 due to low-cost maintenance, ownership cost, and high fuel efficiency.
By volume, the inboard/stern drive segment expects to cross 110,938 units by 2026, growing at a CAGR of 8.14%.
The engine-powered segment is witnessing incremental revenues of USD 27.90 billion by 2026 because of the popularity and growth in coastal tourism worldwide.
The sail-propelled segment expects to reach USD 2.51 billion by 2026 despite the demand for sailboats in the US contracted by around 9% for the fifth consecutive year.
The cruising segment dominated the recreational boating market share due to growth in cruise ship capacities and the increase in cruising activities in the APAC region.
North America and Europe are likely to lead the recreational boat during the forecast period, growing at CAGRs of 10.97% and 9.45%, respectively.
Read the third edition of the report here - https://www.arizton.com/market-reports/recreational-boat-market
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Diesel Engine Market Size and Industry Analysis Report - Global Outlook and Forecast 2020-2025 - Arizton
GLOBAL DIESEL ENGINE MARKET SIZE TO CROSS USD 240 BILLION BY 2025, GROWING AT A CAGR OF 3% DURING THE FORECAST PERIOD
INDUSTRY INSIGHTS
The global diesel engine market size was valued at USD 204 billion in 2019 and is expected to reach USD 240 billion by 2025, growing at a CAGR of 2.93%. The demand for diesel engines will touch new growth heights because of the development of new generation agriculture equipment, manufacturing, forestry, material processing, military, mining and utility vehicles, and locomotives and ships, which are expected to expand the usage of modern diesel engines. The sale of aftermarket diesel engine products is also likely to rise as the world's stocks increase. Besides, diesel models in industrializing countries with low strict emission requirements are expected to gain market shares. Several powerful diesel engines are expected to be built in the future, which comply with the latest emissions regulations. The global demand for diesel engines will be guided primarily by the development in major key regions, including Europe and APAC. The increasing use of more sophisticated technical engines is also likely to increase to drive revenue during the forecast period.
The impact of COVID-19 on the global economy has affected the automotive and non-automotive markets, which have affected industrial and commercial vehicle sales and fuel prices. Hence, the slowdown in the automotive sector has also affected the global diesel engines market in terms of demand.
SNIPPETS
* The demand for power generators is expected to increase, albeit steadily on COVID-19 related economic slowdown.
* The industrial sector (under the diesel power equipment segment) is expected to reach over $2.5 billion by 2025 due to the growing industrial applications in mining, oil, and gas exploration.
* The diesel engine market size in the US is likely to reach over $37 billion by 2025 due to the high dependence of the US truck industry on diesel.
Discover more insights about the diesel engine market - https://www.arizton.com/market-reports/diesel-engine-market-size-analysis
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Oral Antiseptics Market - Global Outlook and Forecast 2021-2026 - Arizton
INCREASING FOCUS ON ORAL HYGIENE GLOBALLY TO BOOST THE ORAL ANTISEPTICS MARKET
The oral care industry is one of the fastest-growing markets across the globe, attributed by the rising focus on oral hygiene among all age groups. Oral hygiene products, such as oral antiseptics, are witnessing significant adoption that is expected to boost the expansion of the market during the forecast period. Rising focus on oral care owing to increasing incidences of tooth decay and dental caries is one of the key factors propelling growth of the oral antiseptics market during the forecast period.
Surge in the number of dentists and rise in the patient pool for orthodontic and aesthetic surgeries is propelling the prescription rate for oral antiseptics. Moreover, the rise in the number of dental procedures is increasing the uptake of oral antiseptics in healthcare facilities. This is anticipated to boost the expansion of oral antiseptics market size during the forecast period.
Increase in Prevalence of Dental Caries to Augment Market Growth
Improved diagnosis of dental caries and tooth decay coupled with increased hospital visits to contribute to the oral antiseptics market share.
Rising number of aesthetic dental procedures to fuel the global market.
Novel Product Launches to Fuel the Sale of Oral Antiseptics
Growing awareness of oral hygiene in emerging economies is leading to rising demand for oral antiseptics.
Emergence of local and regional manufacturers will lead to the innovation of oral care and dental care products.
Know more about the oral antiseptics market - https://www.arizton.com/market-reports/oral-antiseptics-market-size-analysis
#Market#MarketResearch#MarketResearchReports#OralAntiseptics#OralHygiene#DentalCare#OralCare#OralHealth#Teeth#Dentist#Dentistry#Orthodontics#DentalHealth#Health#Healthcare#Medical
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