Automotive Glass Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2025

 August 04, 2021: Global Automotive Glass Market is anticipated to witness an exponential growth in the forecast period. Automotive glasses are aesthetically driven parts of a vehicle that shield the passengers against harsh exterior environment such as sun, wind, and rain. Automotive glasses are created in such a way that they provide minimal weight to the vehicle, resist high external forces, and minimalize the strain induced on the vehicle.

The factors that propel the growth of the Automotive Glass Market include rise in the sales and production of the vehicle, augmented demand for progressive glass technologies such as smart embedded glass &glass device, government regulations for vehicle security, and rising disposable income. On the other hand, there are factors that may hamper the growth of the market including high investment cost required to setup a glass plant. Automotive Glass Industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The latest trend gaining attraction in the market is the exponential increase in the acceptance of solar control glasses for vehicles. The key advantage linked to the use of solar control glasses is that it supports in improving the fuel efficiency. The usage of solar control glass helps in keeping the vehicle cooler inside; eventually reducing the need of an air conditioner and making the car fuel effective.

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Automotive Glass Industry may be explored by vehicle type, sale channel, glass type, application, and geography. The market may be explored by vehicle type as Heavy Commercial Vehicles, Passenger Vehicles, and Light Commercial Vehicles. The “Passenger Vehicles” segment accounted for major market share of the automotive glass in 2017. The key factor that may attributed to the growth of market includes rise in the disposable income of the consumers.

The Automotive Glass Market could be explored based on sale channel as Aftermarket and Original Equipment Manufacturer (OEM). The “Original Equipment Manufacturers (OEM)” segment accounted for major market share of the automotive glass in 2015. The key factor that may attributed to the growth of market includes rapid developments in the vehicle safety features from the industrial end.

The industry may be analyzed by glass type as Tempered Glass and Laminated Glass. Based on application, the market may be classified as Back Glass, Windshield, Door Glass (Side Window) may further explored as (Vent Glass and Quarter Glass), Moon Roof and Back Glass. The “Windshield” segment led the Automotive Glass Industry in 2015 and is anticipated to maintain its dominance by 2025.

Asia-Pacific accounted for the major share of the Automotive Glass Market in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include availability of cheap & skilled labor and low cost. Asia-Pacific is followed by the North American region owing to surge in the manufacturing of commercial vehicles in the region.

Some of the key players that fuel the growth of the Automotive Glass Industry comprise Fuyao Glass Industry Group Co., Ltd., Asahi Glass Co., Ltd., Dura Automotive Systems, Xinyi Glass Holdings Ltd., Nippon Sheet Glass Co., Ltd., Central Glass Co., Ltd., Shenzhen Benson Automobile Glass Co., Ltd., LKQ Corporation, Saint-Gobain S.A., Glass Trosch Holding AG, Magna International Inc., Gentex Corporation, Guardian Industries Corporation and Vitro, S.A.B. de C.V. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Product Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

    • Tempered Automotive Glass

    • Laminated Automotive Glass

    • Other Automotive Glass

Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

    • Windscreen

    • Sidelite

    • Backlite

End-Use Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

    • OEM

    • ARG

Vehicle Type Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

    • Passenger Car

    • Light Commercial Vehicle

    • Heavy Commercial Vehicle

Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

    • Asia Pacific

        • China

    • Latin America

        • Brazil

    • Middle East & Africa

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Wind Energy Foundation Market Drivers, Challenges, Opportunities, Analysis And Forecast till 2024

 August 03, 2021: The global Wind Energy Foundation Market is likely to grow at a robust CAGR in the forecast period. Wind energy foundation is a turbine base that supports the wind energy structure against harsh environments. Hence, the foundation must be capable of supporting hydrodynamic loads along with aerodynamic loads.

The wind energy foundation market is driven by increase in demand for renewable energy sources since the market witnessed a higher traction in the past due to rise in number of energy installations. Rise in the number of market entrants and strategic alliances between key players are likely to add to the market growth during the forecast period. Significant demand from manufacturers with enhanced capacities in order to augment the power production is likely to account for a robust market growth during the forecast period. A rise in the number of offshore installations is likely to trigger the market growth.

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Location segment for wind energy foundation market includes offshore and onshore. Offshore is further categorised as jacket-pile, mono-pile, tripod and suction. Onshore is further segmented as well foundation, pile and raft. Geographical segment for wind energy foundation market comprises North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions accounted for a significant market share in the near future owing to strong inclination of market players towards renewable sources of energy. The region is subject to witness rapid expansion in energy sector that will further boost industrial growth.

European market is a high traction market due to preference for clean sources of wind energy. Rise in need for electricity generation and energy developments are likely to replace the conventional sources of energy in the near future. The key players in the wind energy foundation industry include Ramboll Group, Owec Tower, MT Hojgaard, A/S Suzlon Group, SWAY AS, Blue H Engineering BV and Offshore Wind Power Systems.

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Market Segment:

Site Location outlook (Revenue, USD Million, 2013 - 2024)

    • Onshore

        • Mono-Pile

        • Jacket-Pile

        • Gravity

        • Suction

        • Tripod

    • Offshore

        • Raft

        • Pile

        • Well Foundation

        • Others

Regional Outlook (Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa (MEA)

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Peracetic Acid Market Drivers, Challenges, Opportunities, Analysis And Forecast till 2025

 August 03, 2021: Global Peracetic Acid Market is expected to grow considerably in the years to come owing to the increase in demand from food and beverage industry majorly. Peracetic acid, also known as Peroxyacetic acid (PAA) is a powerful oxidizing sanitizer. It reacts with several metals and other contact bases like aluminum, tin-plated iron, and stainless steel but galvanized iron, plain steel, copper, bronze, and brass, are prone to corrosion and reaction.

Growing applications of peracetic acid in several industries like food and beverage are the major drivers of peracetic acid market. Peracetic acid initially gained popularity from the United States (FDA) Food and Drug Administration as safe chemical and antimicrobial for food preservation. This introduced numerous other application of peracetic acid as microbial disinfectants and food preservatives in the recent years.

The acid is extensively used in food industry as preservative for poultry, fisheries and meat items. Additionally, increase in the demand of peracetic acid in several beverages processing is also influencing the growth of peracetic acid industry. However, the conventional applications of the acid in healthcare, personal care, and industrial cleaning disinfectants is growing, which ultimately drives peracetic acid market.

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Developments in manufacturing technology, innovative techniques for using peracetic acid in wide applications and growing acceptance of bio-based chemicals is expected to introduce new opportunities in peracetic market in the years to come. Conversely, direct exposure of peracetic acid can cause allergy, burns and other hazardous infection to eyes, skin and respiratory organs. If the acid is consumed in high concentrations, the effects could be more dangerous. Altogether, peracetic acid is restricting its approval in household applications, which hampers the growth of peracetic market.

Developments and advancements in chemical products has resulted the horticulture industries to turn more cautious for checking microbial safety, which has promoted the application of peracetic acid in agriculture. With the use of concentrated peracetic acid, the overall price can be brought down for application in pulp and paper segment. However, the health hazards related to incessant exposure to product can obstruct the growth of the market.

Peracetic acid industry is categorized on the basis of product, application, and geography. On the basis of product, the industry is divided into solution grade and distilled grade. Sulfuric acid is commonly used due to which it is predicted to lead peracetic acid market in the years to come.

On the basis of application, peracetic acid industry is split into sterilant, disinfectants, sanitizer and others. Disinfectants segment is expected to register significant growth in future since it is widely used in industries like food and beverage, water treatment, healthcare, pulp and paper. This is followed by sterilant and sanitizer industry.

Geographically, the industry is segmented as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Europe is predicted to lead the market in the years to come owing to the growing demand. The key players in peracetic acid industry are Peroxychem, Evonik Industries, Kemira Chemicals, Seitz GMBH, Aditya Birla Chemicals, Ecolab, Solvay Chemicals, Mitsubishi Gas Chemicals, Enviro Tech Chemical Services, Christeyns, Promox S.P.A., and Helios Group among others.

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Market Segment:

Peracetic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • Food & Beverages

        • Bottling & beverages

        • Fresh produce

        • Meats, poultry & seafood

    • Health Care

        • Medical

        • Surgical

        • Dental

    • Pulp & Paper

        • Bleach

        • Others

    • Water treatment

        • Tertiary disinfectant

        • CSO disinfectant

        • Blend disinfectant

        • Others

    • Other applications

Peracetic Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

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Practice Management System Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2024

 August 03, 2021: Global Practice Management System Market is estimated to grow considerably in the forecast period owing to the increase in need for integrated and improved healthcare systems.(PMS) practice management system is a type of software, which is specially designed for medical offices for dealing with daily operations using an internet-based and desktop software.

Practice management software automates administrative and billing operations pertaining to medical domain. The software potentially records patient demographics, fix appointments, registers the patient for benefit checks or insurance, maintains a list of insurance payers and generates crucial reports.

Practice management system is predicted to rise substantially in the near future due to the presence of cloud-based services, which enable companies from different geographies to offer services at competitive prices. Practice management systems are beneficial only as long as staffs are trained for the dynamics of the software, which requires practice and training.

Most countries have stringent patient confidentiality regulation concerning breach of patient’s records that may be a threat for the entire process including reputation of institution and also for practice management systems industry. At such times, PMS may become a liability rather than a tool of assistance. Nevertheless, few Asian software organizations like Practo Ray have developed systems based on android which are easily accessible and avoid extensive training. Economical alternatives for PMS are growing with improved algorithms to integrate entire medical practice process. PMS holds a bright future ahead since global medical institutions are eyeing on the system as a better alternative to the traditional procedures. The systems are also said to be accurate in terms of every medical process.

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Practice management systems market is categorized on the basis of product type, software type, delivery platform, components, end user, and geography. On the basis of product type, the market is divided into standalone and integrated. Integrated segment is expected to hold larger share of share market in the coming years due to government compulsion for integrating (EHR) electronic health records with PM system and righteous use incentive program.

Based on software type, practice management system industry is divided into desktop-only software intended for single or few computer sharing access, internet-based software needs separate server for operation and client-server software - allow multiple users to share and access data. In terms of delivery platform, practice management system market web-based, cloud and on premise. Cloud based delivery platform is witnessing a market traction due to low investment and higher ROI (return on investment).

On the basis of components, practice management systems industry is classified into hardware and software. Hardware segment is predicted to lead the market growth due to higher accessibility of components. In terms of end users, the market is classified into physicians, pharmacists, and diagnostic laboratories. Physicians segment is expected to dominate the market in future owing to wide applications.

Geographically, practice management systems market is segmented as North America, Europe, Asia Pacific, and RoW. Owing to the presence of large service providers and upcoming opportunities, North America and European countries are expected to register significant growth in the years to come.

Currently, the service providers are mostly from North America and European countries where the demand for PMS is high due to health insurance and growing population of patients. Also, in Asia Pacific countries, the market is expected to rise impressively due to large number of companies establishing business here. Asian medical institutions are also opting PMS due to greater return on investment.

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The major players in practice management system industry are Allscripts Healthcare Solutions, Greenway Medical AdvantEgde Healthcare Solutions, Inc., NextGen Healthcare Information System LLC, Athenahealth, Inc., GE Healthcare, Practice Fusion, McKesson Corporation, MediTouch, Accumedic Computer Systems, and Henry Schein MicroMD.

Market Segment:

Global Practice Management System Product Outlook (Revenue, USD Million; 2013 - 2024)

    • Integrated

        • EHR/EMR

        • e-Rx

        • Patient engagement

        • Others

    • Standalone

Global Practice Management System Component Outlook (Revenue, USD Million; 2013 - 2024)

    • Software

    • Services

Global Practice Management System Delivery Mode Outlook (Revenue, USD Million; 2013 - 2024)

    • On Premise

    • Web Based

    • Cloud Based

Global Practice Management System End-Use Outlook (Revenue, USD Million; 2013 - 2024)

    • Physician back office

        • Ambulatory Settings

        • Others

    • Pharmacies

    • Diagnostic Laboratories

    • Other Settings

Practice Management System Regional Outlook (Revenue, USD Million; 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Brazil

    • MEA

        • South Africa

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Polycarbonate Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

August 02, 2021: Global Polycarbonate Market is anticipated to reach USD 25.37 billion by 2024 owing to the regulation policies that encourage the use of plastics by automotive OEMs for improving fuel efficiency and reducing vehicle’s weight. Polycarbonate are naturally translucent amorphous thermoplastic plastics. Owing to this feature, polycarbonates can internally transmit light as effectively as glass to sustain greater impacts as compared to other commonly used plastics.

Moreover, the flexibility of polycarbonates enables the manufacturing process at the room temperature with no cracks or breaks to convert without heat application. Despite the material known for its flexibility and strength, the transparency makes them ideal for use for a variety of applications that similar materials cannot offer.

Focusing on the low emissions by the environmental authorities, the automobile manufacturers are emphasizing on developing light weight automobiles. The extensive use of polycarbonate in manufacturing light weight automobiles is one of the major driving factors of the market. Also, the speedy expansion of consumer electronics segment is playing major role in the growth of polycarbonate industry.

Currently, polycarbonate holds considerable share of plastic market and the dominance is predicted to increase in the forecast period. This can be attributed to the growing demand from key end use industries like electronics, consumer goods and automotive. Polycarbonate is widely used for applications across verticals such as packaging, construction, medical devices, which is propelling the growth of polycarbonate market.

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On a global scale, polycarbonate material is also used in several structural, safety and aesthetic applications, especially in the automobile industry. The material is used in automotive components and other internal parts like front-end body panels, glazing, and bumper fascia.

Polycarbonate holdsdi-electric and retardance property that makes it ideal to be used in applications like electronics and electrical industries, which induces the growth of polycarbonate industry in the forecast period. Nevertheless, the unstable prices of raw materials like bisphenol A (BPA) is negatively impacting market growth. Additionally, significant cost of polycarbonate and low scratch resistant property of the material is predicted to hamper the growth of the market in the coming years.

Owing to the increase in demand for polycarbonates, manufacturers are developing products that could be used for new applications as well. Some leading players like BASF, Bayer, and DowDuPont are extensively engaged in research & development activities to develop eco-friendly products and comply with the current government regulations. Moreover, to enhance their competitive advantage in the industry constantly, they have been investing in development of modern technologies.

Polycarbonate market is categorized on the basis of application and geography. On the basis of application, the market is divided into automotive components, home appliances, electrical equipment, construction (polycarbonate resins & sheets), medical, food (bottles, water filter systems, dinnerware, tableware, etc.), and security & protection. Among these, electrical and automotive components segments are predicted lead polycarbonate industry. They are expected to remain dominant in future as well since they are widely used in most household appliances and automobiles.

Geographically, polycarbonate market is segmented as North Americas, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to lead the market owing to the increase in demand for the product from various end use industries like transportation and electrical appliances. China manufactures polycarbonate at a high rate and is also the largest consumer of the same.

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The major players of polycarbonate industry include EVONIK INDUSTRIES AG, Covestro, Mitsubishi Engineering Plastics Corp., Asahi Kasei Chemical Corporation, Bayer AG, LG Chemicals, Formosa, Idemitsu Kosan Co. Ltd., SABIC, and Teijin Limited, among others.

Market Segment:

Global Polycarbonate Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2024)

    • Transportation

    • Electrical & Electronics

    • Construction

    • Packaging

    • Consumer Goods

    • Optical Media

    • Medical Devices

    • Others

Global Polycarbonate Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • France

        • Germany

        • Italy

        • Russia

        • Spain

    • Asia Pacific

        • China

        • India

        • Japan

        • Korea

        • Taiwan

    • Latin America

        • Brazil

        • Mexico

    • Middle East & Africa

        • Saudi Arabia

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Fire Resistant Glass Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2024

August 02, 2021: The global Fire Resistant Glass Market is estimated to grow at an exponential rate in the years to come. The market was appreciated by US$ 3.02 billion in the year 2015. Growing stress on refining the criteria of fire safety of the housing along with the commercial substructure is projected to take an optimistic influence on the business.

The fire resistant glass is utilized such as smoke and fire blockade because of its obstructive abilities of the transmission and conductive high temperature. They are proficient of offering fire ranking of 20 to 180 minutes. Furthermore, these products comprise numerous fire resistive intermediate coatings. The material utilized in the product comprises wired, hardened, and ceramic glass.

The Fire Resistant Glass market on the source of Type of Application could span Marine, Building & Construction, and Others. The subdivision of Building & Construction is, at present, the biggest application of fire resistant glass. These glasses are utilized in fire-graded doors and windows as they permit safety and unconstrained channel entree for firefighters, release workforces and individuals, for the duration of accidents due to fire. The strict rules about the safety of the structure and guidelines is additional important reason paying to the development of the fire resistant glasses in this section of application.

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The Fire Resistant Glass market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category. The market is divided into Gel Filled, Ceramic, Hardened, Wired, and Laminated. The subdivision of “Laminated” is the biggest category of the market of fire resistant glass. These glasses possess the capability to offer actual varnishing resolutions by way of impression confrontation, and resistivity to smoke and heat. The demand for laminated fire resistant glasses is greater in uses where the resistance to impression and safety from fire are the most important concerns.

The Fire Resistant Glass market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East & Africa. By the source of geography, North America was the biggest market, responsible for the international market stake of 33.5% by means of capacity, during the year 2015. The strong existence of fire safety guidelines and criteria about the safety of the structure on the background of increasing stress by the local administration to reduce the damage of asset and make the most about the safety of human, is likely to bring about improved utilization of the product in the area above the period of prediction.

Asia Pacific and the Middle East Asia are expected to observe important development by means of capacity, corresponding lyon a CAGR of 7.8% and 11.1%. Growing demand for these glasses in Middle East Asia for the development in the fashionable commercial and housing substructure, are expected to motivate the demand above the prediction period.

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The statement revises Trades in terms of intake of Fire Resistant Glass in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on the international basis are Schott AG, Compagnie De Saint Gobain, Asahi Glass Co. Ltd., NSG Pilkington, Pyro guard UK Ltd, Fuso Glass India Pvt. Ltd, Technical Glass Products, Prom at International N.V, Nippon Sheet Glass Co. Ltd, and Glass Dynamics Inc. Additional notable companies operating in the field are- SAFTI FIRST Fire Rated Glazing Solutions, Ravens by Glass Co. Ltd, and Nippon Electric Glass Co. Ltd.

Market Segment:

Global Fire Resistant Glass Product Outlook (Volume, Million Square Meter; Revenue, USD Billion, 2013 - 2024)

    • Wired

    • Ceramic

    • Tempered

    • Gel Filled

Global Fire Resistant Glass Application Outlook (Volume, Million Square Meter; Revenue, USD Million, 2013 - 2024)

    • Construction

    • Marine

    • Others

Global Fire Resistant Glass Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • Middle East and Africa

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Carnauba Wax Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

August 02, 2021: The global Carnauba Wax Market is anticipated to grow at a significant CAGR in the forthcoming period. Commercially, carnauba wax is used for a wide range of applications in the food & beverage, cosmetics, and automotive sector. A few applications include chewing gums, candies, chocolate, confectionary sugar, polishing wax, and food coating. The wax offers advantages such as durability, insolubility and versatility. It could be used in combination with tints and dyes to enable an everlasting polish. The applied wax does not flake off with time, though it may appear dull.

The factors responsible for the growth of carnauba wax market include rise in adoption of eco-friendly products in the pharmaceutical industry and food & beverage industry. The food & beverage industry constantly witnesses innovation, which, in turn, is expected to contribute to the market growth during the forecast period.

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By form, the carnauba wax industry segmentation includes powder, lumps, and flakes. Based on application, the carnauba wax market segmentation comprises polishes, additives, food coatings and release agents. By origin, the carnauba wax industry segmentation includes natural car wax and synthetic car wax. By type, the segmentation includes paste waxes, liquid waxes and spray waxes.

Geographical segmentation for carnauba wax market includes North America, South America, Europe, Asia-Pacific Excluding Japan, Middle East and Africa. North American and European markets are likely to gain a significant growth, as they are in the maturity stages. Rise in demand for automotive car waxes and automotive car care industry is likely to propel the market growth in the forecast period.

APEJ regions are likely to grow at a dominant position owing to increase in industrialization leading to development of application industries in the region. Rise in demand for food coating agents is likely to propel the market growth in the forecast period. The key players in the carnauba wax industry include Akrochem Corporation, Strahl & Pitsch Inc, Calwax, Koster Keunen LLC, Kahl GmbH & Co, and Frank B.Ross Co. Inc

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Market Segment:

Product Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

    • Type1

    • Type 3

    • Type 4

Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

    • Cosmetics

    • Food

    • Automotive

    • Pharmaceutical

    • Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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