Rising Concerns In Food and Beverages Industry along with packaging Toward Product Quality and Safety booming Aluminium Caps & Closures.

Rising Concerns In Food and Beverages Industry along with packaging Toward Product Quality and Safety booming Aluminium Caps & Closures.

The report "Aluminum Caps & Closures Market by Product Type (Roll-on pilfer-proof Caps, Easy-open Can Ends, Non-refillable Closures), End Use Sector (Beverages, Food, Home & personal Care, Pharmaceutical), and Region - Global Forecast to 2023" The aluminum caps & closures market is projected to reach USD 6.80 Billion by 2023. The aluminum caps & closures market size is projected to grow from USD 5.58 Billion in 2018 to USD 6.80 Billion by 2023, at a CAGR of 4.05%. 

This market is witnessing considerable growth due to increasing demand for convenience packaging. Growing concerns about product safety and security and rising demand from the end-use industries such as beverage, pharmaceutical, food, and home & personal care are the key factors driving the growth of the aluminum caps & closures market.

Browse 133 market data Tables and 21 Figures spread through 146 Pages and in-depth TOC on "Aluminum Caps & Closures Market by Product Type (Roll-on pilfer-proof Caps, Easy-open Can Ends, Non-refillable Closures), End Use Sector (Beverages, Food, Home & personal Care, Pharmaceutical), and Region - Global Forecast to 2023"

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The Roll-on pilfer-proof caps segment is projected to grow at the highest rate during the forecast period.

The roll-on pilfer-proof caps segment is projected to grow at the highest CAGR during the forecast period. ROPP caps are tamper-evident and thus find large applications in the food & beverage and pharmaceutical industries, they are a reliable option for the packaging of spirits, wine, and sparkling beverages (alcoholic and non-alcoholic). The other advantage associated with ROPP caps is that they are a cost-effective packaging solution relative to cork and others, and also provide more room for logos, graphics, and other design elements.

The beverage segment is projected to grow at the highest rate during the forecast period.

The beverage segment is projected to be the fastest-growing end-use sector during the next five years. Aluminum closures are used on a large scale in the packaging of alcoholic beverages such as wine, vodka, and spirits bottles. Aluminum closures provide the first level of protection against the growing counterfeiting issues for spirits, premium olive oil, and bottled water. The growth of the parent industry eventually drives the demand for aluminum caps & closures market.

Asia Pacific accounted for the largest market share in 2017 and is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific region accounted for the largest market share in 2017, and is projected to grow at the highest CAGR from 2018 to 2023. The market in China is expected to grow at the highest CAGR during the forecast period. The growth in the Asia Pacific region is supported by improvements in the economic conditions and in government budgets, increase in number of standards in building codes, positive demographic outlook such as the rise in population & increase in per capita income, and the growth of the food & beverage industry in the region.

The major players in the aluminum caps & closures market include Crown Holding (US), Silgan Holdings (US), Amcor (Australia), Guala Closures (Luxembourg), and Closure Systems International (US), Alcopack Group (Germany), Herti JSC (Bulgaria), Torrent Closures (Spain), Cap & Seal Pvt. Ltd (India), and Federfin Tech S.R.L (Italy).

Alumina Trihydrate Market worth 1.99 Billion USD by 2023

The report "Alumina Trihydrate Market by Application (Flame Retardant, Filler, Antacid), End-Use Industry (Plastics, Building & Construction, Paints & Coatings, Pharmaceuticals, Glass, Rubber), and Region (APAC, North America, Europe, MEA) - Global Forecast to 2023", The global alumina trihydrate (ATH) market is projected to grow from USD 1.51 Billion in 2018 to USD 1.99 Billion by 2023, at a CAGR of 5.7% from 2018 to 2023.

  

Browse 111 market data Tables and 46 Figures spread through 135 Pages and in-depth TOC on "Alumina Trihydrate Market by Application (Flame Retardant, Filler, Antacid), End-Use Industry (Plastics, Building & Construction, Paints & Coatings, Pharmaceuticals, Glass, Rubber), and Region (APAC, North America, Europe, MEA) - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/alumina-trihydrate-market-80048766.html

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The growth of the alumina trihydrate market is driven by the rising demand for alumina trihydrate as a flame retardant or filler from the plastics, building & construction, and other end-use industries and increasing regulations related to fire safety.

The flame retardant application segment is estimated to account for the largest share of the alumina trihydrate market in 2018.

Based on application, the flame retardant segment is estimated to account for the largest share of the alumina trihydrate market in 2018. The growth of this segment can be attributed to the increasing regulations of flame retardant across the world in plastics, building & construction, and other industries.

The plastics segment is estimated to be the fastest-growing end-use industry segment of the alumina trihydrate market during the forecast period.

Based on end-use industry, the plastics segment is expected to grow at the highest rate due to the growing demand from emerging economies of the Asia Pacific and Europe. Alumina trihydrate is very effective in flame retardant and filler applications. Alumina trihydrate is used in thermosets and plastics applications.

Asia Pacific is expected to lead the alumina trihydrate market during the forecast period.

China is the largest market for alumina trihydrate in the Asia Pacific region, in 2018. The growth of the plastics and building & construction industries is expected to be the key growth factor for the alumina trihydrate market in the Asia Pacific region. The growing consumption of flame retardant in China is also leading to the growth of the alumina trihydrate market in the country. The increased demand for cost-effective flame retardant and filler is another factor fueling the consumption of alumina trihydrate in China. China is the largest consumer of alumina trihydrate in the Asia Pacific region.

Key players in the alumina trihydrate market include Albemarle Corporation (US), Nabaltec AG (Germany), Huber Engineered Materials (US), and LKAB Minerals AB (Sweden), among others.

Geocells Market worth 588.9 Million USD by 2022

The report "Geocells Market by Raw Material (High-density Polyethylene, Polypropylene), Design Type (Perforated, and Non-Perforated), Application (Load Support, Channel & Slope Protection, Retention of Walls), and Region - Global Forecast to 2022".

The geocells market is estimated to be USD 400.3 Million in 2017 and is projected to reach USD 588.9 Million by 2022, at a CAGR of 8.0% from 2017 to 2022. This growth can be attributed to the increased demand for geocells in infrastructural activities across the globe. In addition, cost savings in road construction and maintenance is further anticipated to drive the consumption of geocells.

Browse 70 market data Tables and 28 Figures spread through 102 Pages and in-depth TOC on "Geocells Market by Raw Material (High-density Polyethylene, Polypropylene), Design Type (Perforated, and Non-Perforated), Application (Load Support, Channel & Slope Protection, Retention of Walls), and Region - Global Forecast to 2022"

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The HDPE segment is the fastest-growing raw material segment of the geocells market.

Based on raw material, the HDPE raw material segment of the geocells market is projected to grow at the highest CAGR during the forecast period. This raw material has garnered industry-wide acceptance for their performance and outstanding characteristics such as chemical resistance, aging resistance from powerful stresses of weather, ultraviolet protection, high durability, and inherent flexibility. Geocells are used to stabilize and reinforce soils in the construction of roads, parking lots, and building foundations.

The load support application segment is estimated to account the largest share of the geocells market in 2017.

Based on application, the load support segment is estimated to account for the largest share of the geocells market in 2017, owing to its large sub-applications under the load support segment. Geocells are used in highways, paved and unpaved roads, temporary work surfaces, conventional and heavy-duty pavements, and access roads over coastal marshes, container yards, quarry side structures, platforms, and truck terminals. The usage of geocells also provides a structure or an area with improved road surface quality, increases the safety of the roads, and reduces the frequency of costly and disruptive road maintenance.

North America is the largest market for geocells.

The North America region is estimated to be the largest market for geocells, in terms of volume, in 2017. The US is a key consumer of geocells in the North America region, owing to its large construction industry. The increased use of geocells in infrastructural activities in the region has contributed to the growth of the North America geocells market. New product launches & developments and expansions are the key growth strategies adopted by the leading manufacturers of geocells in the North America region.

Strata Systems (US), PRS Geo-Technologies (UK), Presto Geosystems (US), Koninklijke Ten Cate B.V. (Netherlands), TMP Geosynthetics (China), Terram Geosynthetics-now part of Berry Plastics (UK), and BOSTD Geosynthetics Qingdao (China) are the key players operating in the geocells market