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Seed Testing Services Market Opportunity Assessment, Global Analysis and Forecast Report To 2028
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According to a new market intelligence report of Future Market Insights (FMI), the seed testing market was valued at ~ US$ 725 Mn in 2018, and is poised to see ~5.6% YOY growth in 2019. Among the several megatrends driving the next wave of growth in agricultural testing services market, increasing focus on ‘crop quality’ continues to be a prominent one.
The quest for quality necessitates emphasis on quality inspection and testing of agricultural products, including seeds and fertilizers, propelling growth of seed testing services market through 2028. According to the report, mandates for seed testing certifications to facilitate the international trade continue to call for sessions of comprehensive seed analysis, thereby creating a plethora of opportunities for the seed testing service providers.
Key players operating in the seed testing services landscape will continue to raise the bar by providing credible certifications to end users, which will not only play a major role in green-lighting imports and exports but also ensure conformity to the latest labelling and traceability requirements.
As the global agricultural scene continues to embrace modernization in an effort to gain enhanced yields, the adoption of seed testing services for the purpose of fostering productivity is poised to tread on an ever-increasing path. According to FMI’s analysis, the adoption of purity tests is estimated to grow by leaps and bounds, followed by moisture tests. As purity and moisture tests continue to be among the basic prerequisites in the seed testing sessions, the adoption rates of these two tests are likely to reach new heights in the coming years. With more stringent and tight regulations coming to the fore, end users will exhibit a greater degree of confidence on vigor tests for warranting seed health and quality.
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While off-site services continue to be well-received among the end users, demand for on-site services is estimated to pick pace through 2028. The demand for on-site services remains underpinned by increasing need for convenience and reliability, suggest FMI’s findings. In addition, growing availability of compact, lightweight, portable testing equipment, along with an increasing count of on-site testing service providers, is further complementing this growth.
Seed Processors at the Forefront of Demand for Seed Testing Services
Opportunities are imminent for the market players during the forecast period, as seed manufacturers (seed processors or seed refiners) continue to be at the forefront of demand for seed testing services. In order to align with this demand, market players vie to offer a wide range of testing services through accredited laboratories that are strategically positioned in multiple regions.
According to the FMI analysis, North America and Europe are estimated to emerge as the two hub spots of opportunities for the key stakeholders of the seed testing services market. However, the East Asia region is emerging as a bright spot for the market players to target at, with countries such as China and Japan being the front liners. In order to capture value across the fast-growing economies of East Asia, companies active in the seed testing services are gaining a granular understanding of varying trends with respect to segments, channels, and product lines. Skyrocketing f |
567 Days Ago |
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Nickel Acetate Market Global Trends, Size, Segments, Emerging Technologies and Industry Growth by Forecast to 2029
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Nickel Acetate Market: Introduction
Nickel acetate is an exceptionally high purity, anti-caking salt which is used in all types of plating processes, and nickel acetate is specifically produced for use as an anodize sealer. Nickel acetate is produced to demanding specifications from attentively selected raw material, and it subjected to precise quality control testing. Because of these applications of nickel acetate, its demand in the market is growing exponentially. Nickel acetate is utilized in various applications which include coinage, ceramics glaze, aluminum surface treatments, and some others.
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Nickel acetate creates a corrosion resistant coating that protects a metal from rusting and oxidizing. It is a water soluble nickel source that deteriorates to nickel oxide after heating, and the metallic acetates is inorganic salts containing the acetate anion and a metal cation. The nickel acetate is excellent for the production of catalysts, nanoscale materials, and ultra-high purity compounds.
Global Nickel Acetate Market: Dynamics
Nickel acetate has many applications, such as it is used as a catalyst in alumite sealing material, also it is use in coinage application. Nickel acetate creates a corrosion resistant coating that protects a metal from rusting and oxidizing. Moreover technological enhancement, rising usage of nickel acetate in aluminum surface treatment are the major factor which is driving the growth of nickel acetate market.
However, owing to its hazardous effects on human health such as irritation and dermatitis, reduce the demand for nickel acetate and in turn will restrain the growth of the global nickel acetate market over the near future.
Some of the prominent manufacturers of nickel acetate are found to be involved in the activities such as mass production and introduction of new manufacturing plants across the developing regions.
Global Nickel Acetate Market: Regional Outlook
Considering regions, the global nickel acetate market is anticipated to be led by the Asia-Pacific region and is expected to continue its dominance over the forecast years. In the Asia-Pacific region, China is expected to lead the nickel acetate market in terms of both productions as well as consumption. North America expected to gain substantial market share in terms of revenue in the coming period. Europe region is anticipated to be followed by North America in the global nickel acetate market and is anticipated to follow the same trend over the forecasted period. Latin America is anticipated to witness stagnant growth in nickel acetate market in the coming years. Middle East & Africa accounts for a comparatively small share in the market, however the demand for nickel acetate expected to grow at a significant pace over the near future.
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Global Nickel Acetate Market: Market Participants
Some of the key players involved in the global nickel acetate market include Eastmen Chemicals, Noah Technologies Corporation, Fairsky industrial co. Ltd., Hangzhou Yuhao Chemical Technology Co. Ltd., Zhangjiagang Huayi Chemical Co. Ltd., Palm international Inc., Accela ChemBio Inc., Axiom Chemicals Pvt. Ltd., Vesino industrial co. Ltd., Univertical, Forbes pharmaceuticals, Hunter Chemical LLC, ProChem Inc, Jilin Jien Nickel Ind |
574 Days Ago |
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Chlorobutanol Market 2019 Growth Analysis, Industry Size, Share Leaders, Trends, Current Status by Major Key vendors and Trends by Forecast to 2029
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Chlorobutanol Market: Introduction
Chlorobutanol is a compound which is either colorless or white in color. Chlorobutanol has and odor and taste which is similar to that of camphor. The compound is an alcohol based preservative devoid of surfactant activity. The compound is similar to chloro hydrate as it is formed by the simple nucleophilic addition of chloroform and acetone. The concentration level of chlorobutanol which is made use of in various multi-ingredient formulations is 0.5%, which consequentially lends long-term stability to such products. However, chlorobutanol is known to retain anti-microbial activity in water at a concentration of 0.05%. The long terminal half-life of chlorobutanol, which is 37 days, limits its usage in sedatives as it results in accumulation within the human body if multiple doses are administered.
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Chlorobutanol finds widespread application in the eye-care market. Chlorobutanol also finds its application as a preservative in a number of pharmaceutical solutions, specifically in injectables. In addition, chlorobutanol is also used in a few oral sedatives and topical anesthetics. Further chlorobutanol is also used as a detergent preservative in eye drops and other ophthalmic therapeutic formulations. Other products which make use of chlorobutanol include mouth washs, salves, creams, ointments and cosmetics.
Chlorobutanol Market: Market Dynamics
The rapidly increasing geriatric population in addition to eye-related ailments in a number of people due to external causes such as rising pollution is contributing to the increase in production and sales of eye-care products which is as a consequence helping in the growth of the chlorobutanol market. The advent of generic drugs and the increase in the number of ophthalmic formulations are also aiding the growth of the chlorobutanol market. The primary reason for the migration of consumers to generic drugs for eye-disorders is the substantial cost savings which could be made. For instance, in order to promote the production of generic drugs, the FDA has been increasing its efforts to promote drug completion within branded and generic manufacturers to drive down costs and increase patient accessibility. In order to achieve this, the FDA is making the approval and market entry protocols and processes more efficient. This factor is contributing to the growth of the chlorobutanol market.
The chlorobutanol market is also facing challenges due to the decline in usage of the chemical. This has been attributed to the unstable nature of chlorobutanol when stored at room temperature for an extended period of time, however in the long run these challenges are expected to be outrun by the growing demand from healthcare sector.
Chlorobutanol Market: Regional Outlook
On the regional front, North America is the most dominant chlorobutanol market. This is due to the large number of pharmaceutical companies in the region. In addition, the rising geriatric population in the region which will increase the incidence of eye related disorders will drive the growth of the chlorobutanol market as one of the primary users of chlorobutanol is the eye care medication industry. Furthermore, Government funded medicare programmes which make medicines accessible to a wider population will also contribute significantly to the growth of the chlorobutanol market.
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575 Days Ago |
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Flower Box Market To See Worldwide Massive Growth | Outlook, Trends, Forecast of Top Countries 2019-2029
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Flower Box Market: Overview
Flower boxes provides excellent packaging solution for flowers. Flower box also promotes brand enhancement. Flower box are made up of solid cardboard which ensures stability and ensures minimal damage during transit. Most of the manufacturers focus on offering customized prints and textures according to the occasion to appeal to a wider clientele. It is also observed that most of the flower box manufacturers earn significant amount of their revenues during the festive seasons. Flower boxes are 100% recyclable which are made from renewable sources.
Increasing Corporate Culture to boost the sales of flower boxes
In recent years, corporate gifting has emerged as a major driving force contributing to growth in consumption of the cut flower packaging products. All kinds of corporate events involve exchange of flowers that are usually packaged in box. Many companies take such initiatives to foster their relationships with the employees. Also, formal events such as welcoming delegates, farewells and other cultural programs are inaugurated by presenting flowers or bouquets. This is expected to be another driver for the flower box market during the forecast period. Eye catching presentation of flower boxes increases sales rate. Moreover, minimal shipping costs due to light material weight tends to increase demand for flower boxes during the forecast period.
People present bouquets and use cut flowers for decorations in events such as, weddings, inaugurations, birthdays etc. This is another major end use for flower box packaging and anticipated to be a key driver in fuelling the demand for flower box in the market. Nowadays distribution channel plays a vital role in the cumulative success of any enterprise. Increasing consumer inclination towards convenience stores and online sales channel has created high-growth prospects for the companies to distribute their products through these channels.
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Asia Pacific is anticipated to Generate High Sales in Flower Boxes in the Forecast Period
Owing to increased corporate culture in developing regions such as India to drive the flower box market during the forecast period. Geographically the flower box market can be segmented into eight regions that are Europe, North and Latin America, South and East Asia, Oceania and Middle-East & Africa.
Flower Box Market: Key Players
Some of the key manufacturing in the flower box market are as follows:
- DS Smith
- Smurfit Kappa
- Atlas Packaging
- Hawaii Box & Packaging, Inc.
In flower box market, vendors’ landscape remains highly splintered. There are various unorganized players in the flower box market
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Flower Box Market: Key Developments
Key manufacturer such as Smurfit Kappa & D.S. Smith is expanding its manufacturing capability through acquisition and merger strategy
- In 2018, the company expanded its manufacturing capability by acquiring Raparenco, a containerboard mill in Netherlands.
- On March 2018, D.S. smith acquired EcoPack and EcoPaper.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain o |
575 Days Ago |
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Twist Tie Market 2019: Industry Size, Trends, Segmentation and Global Analysis by 2029 | FMI Report
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Twist Tie Market: An Overview
Twist tie is a strip of metal which is enclosed in a plastic or paper. It is generally used to tie the openings of bags such as bread bags, cellophane, trash or garbage bags. Twist tie is wrapped around the product which needs to be fastened and the end oftwist tie are twisted together. Twist ties are available in the market as both pre-cut 4 inches, 5 inches or 6 inches length and in a large spool format. Twist ties are useful in various applications and cater to multiple industries including, food, electrical & electronics, automotive, consumer goods, cloths & apparels, and chemicals & fertilizers among others. Plastic or poly coated twist ties are far better than uncoated paper twist ties. As the former one possess water resistant capability. The outlook for the global twist tie market is expected to be positive during the next decade.
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Twist Tie Market: Dynamics
The twist tie market is expected to expand on the backdrop of rising demand from consumer durables & electronic goods industry, food sector, and other industries. In the electrical & electronics industry, wires, chargers, earphones & headphones and other wired products are generally tied with a twist tie to keep them untangled. This factor is likely to drive the demand for the global twist tie market during the forecast period. Also, twist ties are used in various grocery shops, shopping complexes and other places to tie the opening of bags filled with grains, pulses, and goods such as packs of bread and others. Twist tie machines are available in the market which helps in tying the openings of bags at the places where twist ties are used in large volume every day. Also, unlike other alternatives such as cable tie, wire tie or hose tie among others that it can be reused again and again. These factors are expected to propel the demand for the global twist tie market during the forecast period. Overall the global twist tie market is expected to witness positive growth prospects during the next decade.
Regional Outlook
The Asian region is expected to lead the global twist tie market during the next decade. It is owing to rapid growth in industrialization and high growth in food, electrical & electronics industry in the region. China and India are anticipated to drive the growth of the twist tie market in the region. North America region is expected to fuel the global twist tie market. It is attributed to the high demand of twist tie created by industries such as food, groceries and electronics among others. Similar trend is followed by European countries including Germany, Italy, France, the U.K., and Spain among others. In these countries, twist ties are mostly used in food and electronic sector. Here consumption of bread is very high, twist tie is employed to tie open mouth of bread bags. This factor is expected to drive the growth prospects of the global twist tie market during the forecast period. MEA region is expected to witness average growth in the twist tie market during the forecast period.
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Twist Tie Market: Key Players
Some of the leading players operating in the global twist tie market are:
- International Plastics Inc.
- Associated Bag
- ClearBags
- Bedford Industries
- Anchor Bag
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575 Days Ago |
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Silage Tube Market 2019: Industry Size, Trends, Segmentation and Global Analysis by 2029 | FMI Report
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Silage Tube Market: Overview
The demand for innovative packaging has increased in the last decade. It is due to the growing inclination of consumers towards specialized packaging of products which are cost-effectively coupled with enhanced consumer appeal. Silage is a green fodder used to feed livestock. Farmers nowadays also understand that rain-fed farming is unreliable. To continuously feeding their livestock, they have to think out of the box. Silage tubes are long and durable storage solution for silage for a longer duration of time. Silage tubes substitute as an alternative to different silage storage systems such as bunkers and piles among others required high investment cost. Silage tube is available in different length including 50 m, 60 m, and 70 m. The rising awareness among farmers to prevent fodder for dry climatic conditions. The outlook for the global silage tube market is expected to witness a positive outlook during the forecast period.
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Silage Tube Market: Dynamics
Silage tube is effectively making its way in the agricultural industry as it ensures the protection of fodder and silage against adverse climatic conditions. Acceptance of silage tube among farmers all across the globe is expected to drive the growth of the global silage tube market during the forecast period. Also, silage tube can be sealable, so that once the required quantity of fodder is taken, the bag can be sealed again. Sealing also allows the preservation of humidity at the desired level. Silage tube is effective when used with a vast range of crops including high moisture grains, dry grains and chopped dry forage which are meant to feed cattle. These factors are expected to drive the growth of the global silage tube market during the forecast period. Silage tube is available in various thicknesses and sizes to depend on the requirement of the farmer. Small farmers who cannot invest in large silo systems are preferring to silage tube as their short-term requirement. This factor can boost the growth of the silage tube market during the next decade. However, the availability of different alternatives including containers, ditches, and bunkers which can hamper the growth prospects of the silage tube market during the next decade.
Regional Outlook
The demand for the global silage tube is expected to be positive during the forecast period. Countries such as Australia, India and other parts of the Asia Pacific region are expected to witness high demand nowadays owing to changing climatic conditions. In the MEA region, African countries used silage tubes to keep fodder and silage to feed cattle. It is due to low rainfall in various parts of the region. African countries with low rainfall are opting silage tube at the mass basis. European countries such as Germany, the U.K., Italy, and others are expected to witness slower growth in the silage tube market owing to the availability of various alternatives in the regions including bunkers, containers and others. Similar trends are followed in the US and Canada. The silage tube market is expected to witness stagnant growth in the North America region. However, Brazil and Mexico are expected to witness average growth in the silage tube market during the next decade.
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Silage Tube Market: Key Players
Some of the leading players operat |
576 Days Ago |
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