Surging demand for smartphones to foster electric capacitor market share

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The advent of next generation automotive electronics paired with increased connectivity and mobility demand will propel electric capacitor market size over the forecast timeframe. Never-ending technological advancements in the consumer electronics industry, majorly in the smartphone segment, has encouraged industry players to develop more efficient devices. Increasing demand for consumer electronics fueled by rapid growth in urban population as well as gradually dropping capacitor prices will drive electric capacitor industry trends.

North America Electric Capacitor Market Size, By Voltage, 2018 & 2025 (USD Million)
North America Electric Capacitor Market Size, By Voltage, 2018 & 2025 (USD Million)

Gradual reduction in overall production and maintenance costs along with limited barriers on import are some key factors that will transform the electronic components landscape worldwide. Increasing application in fields such as personal computing, transportation, renewable energy system, as well as electronic controls for industrial machinery and engines will expand electric capacitor industry scope. Developments in the automobile segment have resulted in the enhancement of air conditioners, airbag controls and automatic windows. Rising complexity and functionality of electronic devices in vehicles combined with surging desire for smart components will boost consumption of internal components.

Increased use of smartphones all over the world has influenced the demand for electric capacitors globally. According to estimates, over 5 billion people currently own mobile devices, more than half of which are smartphones and approximately 76% individuals across 18 developed economies own a smartphone, indicating the tremendous penetration of mobile phones. Deployment of latest technologies and features into smartphones has surged the popularity for these gadgets, which will invariably escalate revenue prospects for electric capacitor market from the consumer electronics segment.

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Electric vehicle (EV) sales have exhibited robust growth in recent years, where China currently holds a major share of the EV market, with U.S. and Europe not too far behind. Inclination of consumers towards electric vehicles has increased significantly owing to its easy maintenance and lower repair costs, besides environmental benefits. According to International Energy Agency, almost 750,000 electric cars were sold across the world in 2018, and over 2 million electric vehicles are currently in operation. Rising awareness towards greener options for commute will fuel the demand for electric cars, strengthening electric capacitor industry outlook in China, Europe, and U.S.

With considerable advancements in television display technologies over the years, consumers across the globe are showing strong preference for 4K screens, which comprise 4 times as many on-screen pixels as compared with HDTVs. 4K television is anticipated to double in terms of sales in the U.S., to over 15 million units per year in coming years, owing to a growing adoption rate. Further, dropping manufacturing costs and rising affordability of 4K television devices, along with increased spending on consumer electronics will tremendously catapult electric capacitor market size.

Swiss technology giant ABB had recently been appointed to supply equipment for the Beijing-based Zhangbei high-voltage direct-current grid in China. The list of equipment supplied for the project included high-voltage capacitors, power semiconductor devices and various transformer components. The HVDC grid was designed by the State Grid Corporation of China and is considered to be the first of its kind in the world. Construction of similar mega projects worldwide will positively influence the electric capacitor market share, as capacitors play a crucial role in transmission and distribution of power.

Increasing federal initiatives to encourage the adoption of renewable energy systems coupled with growing efforts for the promotion of electric mobility will enhance electric capacitor industry prospects in the future. Ambitious government plans regarding emission control along with shifting trends towards energy-efficient technologies will push market revenues. Escalating investments in R&D paired with strategic mergers & acquisitions to expand production capacities will be a key tactic among industry players, in addition to material cost reduction and restructuring of various capacitors to achieve enhanced efficiency.

Author NameHrishikesh Kadam

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Evolving automotive sector to influence global solid state battery market outlook

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Solid state battery market is poised to experience remarkable changes in the years to come, owing to a wide application base and growing environmental concerns which have triggered the demand for electric vehicles. Solid state batteries provide better safety, longer life cycle and entail lower cost compared to the Li-ion batteries, which have helped foster their demand. Several government initiatives for the development of more efficient energy solutions will heavily influence solid state battery industry trends.

UK Solid State Battery Market Size, By Product, 2018 & 2025 (USD Million)
UK Solid State Battery Market Size, By Product, 2018 & 2025 (USD Million)

Technological advancements have attracted several customers towards the consumption of smart devices, which will stir the adoption of solid state batteries that are more reliable than most other alternatives. In fact, the consumer electronics segment in solid state battery market is slated to witness a CAGR of more than 30% by the year 2025. The ability to provide enhanced storage capacity and short recharging time will strengthen the industry prospects. These batteries have solid electrolyte present in them that ensures enhanced safety when in use, emerging as a key driver for the use of the products in digital cameras and smartphones.

Private investments for research and development of energy storage solutions as well as corporate initiatives will help develop innovative and long-lasting products. For instance, Ricardo, a global engineering and environmental consultancy firm had begun a project in 2018, supposed to last for 30 months, under a collaboration with numerous battery technology experts in the U.K. for the development of solid state battery for electric vehicles (EVs). Similar efforts across the region will certainly lead to swift expansion of Europe solid state battery market size.

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The German government had recently announced that it will be investing about USD 1.2 billion in order to support the future production activities for next gen solid state batteries in Europe. Apparently, the battery consumption from electric vehicles is slated to reach unprecedented levels in the next few years. The strategy of the Berlin government is part of the Battery Alliance initiative of European Union that has a goal to boost the share of EU’s EV battery manufacturing capacity, raising it to 30% by the year 2030.

Numerous projects through the Faraday Battery Challenge in U.K. had secured a total of GBP 23 million from the UK government in the third round of funding. It is supposedly a part of the total GBP 274 million set aside for investing in different projects targeting development of EV technologies. This massive initiative represents a notable research and development thrust that will ensure innovative technologies are provided to EV makers and will positively impact Europe solid state industry outlook.

The U.S. Department of Energy says that if and when EV battery costs may fall below $125 per kWh, it will become cheaper for people to own and operate electric cars, as compared to petrol-driven options. Economic viability could substantially increase the demand for solid state batteries, particularly since global battery EV market is estimated to reach USD 425 billion valuation by 2025.

The competitive landscape of solid state battery industry is outlined by mergers and collaborations to accelerate technology development. Automotive giant Toyota and tech giant Panasonic have agreed to collaborate on developing various battery technologies, which also includes solid state batteries. The Japanese automaker plans to introduce the resulting solid state batteries by the year 2020 with a goal to sell 5.5 million electrified vehicles deployed with those batteries by 2025.

Volkswagen has informed that it plans to spend about USD 56 billion for buying battery cells with suppliers like LG Chem, Northvolt, Samsung SDI, China’s CATL and SKI of South Korea as its strategic partner. The company said it aims to reach battery manufacturing capacity of 150 gigawatt capacity in Europe and another 150 in Asia in the next few years and the figure will be doubled by 2030. Tesla recently acquired Maxwell, a battery company based in San Diego in order to surge its battery production capabilities. Such huge investments by automotive giants will help people solid state battery market revenues in the forecast period.

Consumer electronics and automotive products require affordable and efficient energy storage solutions and the increasing consumption from these sectors will expand solid state battery industry share. High demand for the product owing to better safety while handling and higher energy-efficient systems will stimulate the product demand. Reports estimate that global solid state battery market will amass more than USD 2 billion in annual remunerations by 2025.

Author NameRiya Yadav

Rising prevalence of urine incontinence to fuel global disposable incontinence products market outlook

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Significant changes in lifestyle and growing elderly population will thrust disposable incontinence products market share in the next few years. The problem of incontinence is common and has affected millions of people around the world. According to Continence Foundation of Australia, more than 6 million Australians suffer from bowel or bladder control issues for several reasons and has created a large requirement for managing the disorder. The gradually increasing number of patients suffering different diseases will drive disposable incontinence products industry trends.

U.S. disposable incontinence products market, by disease, 2018 & 2025 (USD Million)

U.S. disposable incontinence products market, by disease, 2018 & 2025 (USD Million)

Urinary incontinence occurs when the process of storing and passing of urine is disrupted owing to various factors. According to Urology Care Foundation, around 33 million Americans suffer from overactive bladder (OAB), that represents symptoms of urgency and frequency with or without urge continence. Women usually experience urinary continence due to pregnancy, after delivery and with the number of children increasing, the prevalence of the disorder could also surge. This makes women adopt more products that control incontinence, helping expand disposable incontinence products industry revenues.

Unprecedented boom in global population will certainly escalate the occurrence of  incontinence among  women who have delivered a baby, as they tend to be more prone to the problem. This risk increases with the number of pregnancies, which applies true for both vaginal and cesarean method of delivery. Women after their menopause also tend to develop urinary incontinence, leading to increasing adoption of incontinence pads and pants designed for women, stimulating disposable incontinence products market over the forecast timeframe.

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A large number of men are suffering from OAB, a common urinary incontinence, in the United States. Men suffering from prostate issues have an increased risk of getting urinary incontinence owing to certain medications that worsens the affect. New products are being developed like underwear, undergarment pads and guards that will proliferate the male disposable incontinence product industry. Constant improvements in materials will help manufacturers introduce new and better products, promising substantial consumption of disposable incontinence garments, catheters and other products.

One of the fastest growing application segment is geriatric population suffering from the prevalence of urinary incontinence. There has been a drastic increase in the population of over 65 years over the past one century and it is expected to grow further. This segment warrants enormous consumption of healthcare services and the proportion of people who are aged more than 85 is expected to witness a major expansion, ranging from 10% to 19%, by 2040. The increasing number of elderly population will undoubtedly propel disposable incontinence products market outlook.

Rising prevalence of patients suffering from obesity also entails significant risk of experiencing urinary incontinence among adults. One in every four adults as well as one in every five children are the UK is estimated be affected by obesity. According to U.S. Centers for Disease Control and Prevention, 93.3 million adults in the U.S. have been affected by obesity during the year 2015-2016. Growing number of obese patients represents a notable requirement for incontinence management products in the future. Reportedly, U.S. disposable incontinence product market was valued at USD 2.3 billion in 2018.

Increasing cases of urinal incontinence have driven the growth of surgical treatment, which has boosted the utilization of urinary catheter as a major surgical tool used in hospitals to treat the disorder. This has contributed substantially towards the use disposable incontinence treatment solutions. Hospital segment accounted for more than 30% of disposable incontinence market share in 2018 and is expected to grow at a considerable pace.

Developing healthcare infrastructure and easy availability of critical health services have provided an improved access to necessary incontinence products worldwide. Enhanced distribution of disposable incontinence products through various channels, technological advancement materials used in the products and increasing awareness towards hygiene and personal care will reinforce disposable incontinence products market size in the forthcoming years.

Author NameRiya Yadav

Global resin capsule market to be fueled by an upsurge in mining and construction activities

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Global resin capsule market trends are poised to gain immense momentum over the forecast years, due to excessive demand from the mining and construction industry. These materials are primarily used as anchoring medium for cables and rock bolts to deliver roof and sidewall support during underground activities. An upsurge in construction and mining activities across the globe will primarily impact resin capsule market share.

U.S. Resin Capsule Market, By End-User, 2014 – 2025 (USD Million)
U.S. Resin Capsule Market, By End-User, 2014 - 2025 (USD Million)

Mining is one of the primary end-user of resin capsules, thus, growth in the global mining and metal industry will proliferate the demand for resin capsule in mining. Resin capsule in mining enables easy installation of roof support and decreases the possibility of human errors. Implementation of strict safety standards in the mining industry is also likely to impel resin capsule demand over the coming years.

The government of Queensland has reportedly appointed inspectors and is set to implement safety reset across all mines and quarries in the state to prevent mine-related tragedies. Such practices will result in an increasing demand for resin capsules in mining, thereby augmenting global resin capsule market outlook.

Another key factor promoting the utilization of resin capsules in mining is the growing electricity demand across the world. As per the International Energy Agency, worldwide energy demand surged by 2.3% in 2018, owing to economic growth across several economies, and high heating and cooling needs in some regions. The agency also specified how coal use in power generation exceeded 10 Gt. Increasing demand for power generation is a substantial driver for the coal mining industry, which in turn will benefit resin capsule industry size.

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In addition to mining, immense application of resin capsule in the construction industry is also slated to be a creditable driver over the succeeding years. Resin capsules find extensive use in heavy-duty fixing and favor high concrete loads. It is commonly used to construct dams and tunnels since it provides high strength, rigidity, and is easy to install and maintain. Increasing tunnel construction for metros, subways, and rail links will impact market growth in the future.

Finland and Estonia recently signed a memorandum of understanding to construct the 100km Tallinn tunnel underneath the Gulf of Finland. In another instance, Auckland’s $4.4 billion worth City Rail Link project has reportedly signed the tunnel and station contract. Such developments could result in immense resin capsule production, thus augmenting resin capsule market share in the future.

Increasing population and urbanization across the globe will also fuel product demand over the coming years. Owing to urbanization, cities are growing very fast with maximum impact on the housing sector. Also, factors like migration and increasing population impact city structures, encountering new demand for larger buildings and raising the number of infrastructural projects in the urban region. This trend is expected to generate a huge requirement for construction activities, thereby fueling global resin capsule market.

Similar to the mining industry, worker safety regulations in the construction industry is also contributing to product demand. The Indian government recently bought out four labor codes concerning multiple factors including occupational safety and working conditions. Resins help with easy and proper installation during roof support, reducing the chances of a tragedy. Increasing stringency of safety laws will persuade contractors and engineers to prefer more rigid and strong material, which will help drive resin capsule market growth.

Based on geographical growth, the Asia Pacific market is the one of the most profitable grounds for global resin capsule industry. Substantial growth in the region’s mining and construction industry, primarily owing to its growing population will boost market growth in the region. Developing nations like India and China are experiencing rapid urbanization, boosting the demand for housing and infrastructure, which is a key growth driver for the region. Moreover, this trend has also elevated energy demand, thereby impacting the region’s mining sector, which could further expand the region’s resin capsule market size.

As per a recent research report compiled by Global Market Insights, Inc., resin capsule market is projected to exceed 1.07 billion by the end of 2025.

Author NameKrithika Krishnan

North America space robotics market to accrue hefty proceeds by 2025

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Global space robotics market is estimated to procure commendable returns in the ensuing years, primarily owing to the increasing investments and efforts dedicated toward space research and exploration in countries such as the United States, India, and Russia. Space robotics is significant in the development of machines that are capable of expanding the human capacities in space by facilitating abilities beyond human limitations in extreme space environments.

China space robotics market, by application, 2019 & 2025 (USD Million)
China space robotics market, by application, 2019 & 2025 (USD Million)

Space explorations have always attracted the interests of several private companies. Case in point, Boeing has built the Saturn V rocket, the 363-foot booster rocket capable of lifting the entire apparatus to the edge of space. In the last few years, the space exploration arena has witnessed the emergence of multiple competitors such as Blue Origin, SpaceX, Virgin Galactic, and more. The introduction of new technologies by key players, would positively influence space robotics industry trends over the forecast period.

A perfect example is the partnership between Tokyo’s ispace and Elon Musk’s SpaceX to send a series of robots to the moon. The Lunar Lander will orbit the moon in this mission that’s scheduled in mid-2020. A rise in the integration of robotics technology for future space missions will substantially drive space robotics market outlook in the future.

Although government funding to organizations like NASA is facing a slump, the space industry is slowly moving to the private sector, with Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin signing more contracts. SpaceX is reportedly gearing up to launch its eighteenth contracted CRS mission to the International Space Station through its Cargo Dragon spacecraft. The mission will also use the Space Station’s robotic arm Canadarm 2 to extract IDA-3 from the Dragon’s trunk. Increasing collaborations between established space stations and emerging private firms will present space robotics companies with major growth prospects in the ensuing years.

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Increasing investments in space programs will also have significance in driving demand for space robots in the coming years. Recently, SpaceX was awarded a $50.3 million contract by NASA to launch its X-Ray Polarimetry Explorer mission. Major funding toward potential space missions will provide a huge scope for space robotics engineering, thereby augmenting space robotics industry share in the future.

A farfetched but plausible idea that has begun surfacing the international space industry is the possibility of space travel for recreational purposes. With numerous firms embarking on a quest to launch spaceflights for civilians, space travel is starting to seem less like a dream. Possibilities of recreational space travel could present a major opportunity for space robotics companies, thus augmenting the space robotics market share in the future.

In terms of segmental growth, the robotic arms segment is slated to witness immense demand over the coming years. Robotic arms have proved to be one of the most reliable machines in space missions. Recently, NASA’s Jet Propulsion Laboratory finished installing a 2.1-meter-long robot arm on the Mars 2020 rover. The new arm has been designed to perform much more complex activities. Increasing penetration of robotic arms for advanced space mission will result in segmental growth for the global space robotics industry.

The North America space robotics market is currently a highly profitable growth ground owing to the presence of substantially funded organizations like NASA and the Canadian Space Agency. The region is also witnessing several ongoing and upcoming space missions that are anticipated to generate considerable demand for space robots, further strengthening the region’s space robotics industry size.

The Asia Pacific market is also likely to emerge as a strong contender due to increasing implementation of major space projects. For example, the Indian Space Research Organization’s second moon mission Chandrayaan 2 is the nation’s first attempt at robotic space explorations. Increasing adoption of space robotics engineering for upcoming space programs and explorations would primarily contribute to expanding Asia Pacific space robotics market size.

The numerous benefits depicted by these technologies will accelerate the adoption of space robots in the coming years. Products like space probes are capable of exploring areas that are beyond human accessibility. Moreover, space robots can also withstand extreme temperatures and perform programmed tasks for longer durations. These advantages will play a major role in further accelerating the adoption of space robotics.

According to a research report by Global Market Insights, Inc., space robotics market is estimated to surpass $3.5 billion by 2025.

Author NameKrithika Krishnan

Intensifying military aircraft demand to augment aerospace and defense ducting market size over 2019-2025

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With the growing number of air passengers and increasing aircraft demand, aerospace and defense ducting market size has been estimated to grow significantly over 2019-2025. Maintaining aircraft cabin temperature and pressure are very important as the passenger aircrafts cruise at high altitudes. Due to lower pressure and temperature at higher altitudes, air-conditioning system installation in aircrafts play an important role in both human health and comfort. Companies toiling to enhance customer experience and airlines lowering their fares to serve a wider consumer base will add impetus to aerospace and defense ducting market trends in the forecast years.

U.S. Aerospace & Defense Ducting Market, By Application, 2018 & 2025, (USD Million)

U.S. Aerospace & Defense Ducting Market, By Application, 2018 & 2025, (USD Million)

Dropping air fares have been playing a crucial role in positive growth of aerospace and defense ducting market size. Low air fares will increase the number of passengers and consequently demand for improved customer experience. Recently it has been reported that air fares in Australia have fallen by 10 per cent since July 2018. The index of business class fares fell by 0.2 per cent in July and by 11.6 per cent from the peak recorded in June 2011. More affordable rates will predictably raise number of air travelers. As comfort and convenience of customers become paramount, efforts by airlines in these areas are helping to expand aerospace and defense ducting market share.

Lowering air fares has been raising the number of passengers wanting to travel by air which in turn will augment aerospace and defense ducting industry outlook. The International Air Transport Association (IATA) has disclosed that current trends in air transport predict passenger numbers can double to 8.2 billion in the year 2037. China will displace the United States as the world’s largest aviation market in the mid of the year 2020. China rebalancing its economy towards consumption will reinforce strong passenger demand over the long term. The number of air passengers have been predicted to increase with rapidly expanding aviation sector which will push the growth graph of aerospace and defense ducting industry forward.

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Increased air travel has naturally created a demand for aircrafts which has encouraged aircraft manufacturers to increase production. To address the huge demand, Boeing has reportedly delivered 69 737 airplanes in December 2018 and set a new annual record of 806 deliveries in 2018. The company has surpassed its previous record of 763 deliveries in 2017.  Rapidly growing demand and production of aircrafts equipped with various features has been improving customer experience. Aerospace and defense ducting market size will also expand considerably over the forecast duration owing to augmented aircraft production.

Besides commercial aircrafts, demand of military aircrafts is also on the rise to enhance national security. According to the prominent sources, the U.S. air force must inflate its operational squadrons by nearly 25% in the years to come. The requirement has been recommended to deal with the growing military might of Russia and China and to protect the U.S. against violent extremist forces. Sources also cited that the number of squadrons, bombers and tankers, a mix of fighters and drones, should be raised from 312 at present to 386 by the year 2030. The Air Force needs light weight aircrafts with greater efficiency and competence to deal with high pressure and temperature. Intensifying demand of such aircrafts in the Air Force is one of the crucial factors that will augment revenue share of aerospace and defense ducting market.

In order to strengthen their stance in aerospace and defense ducting industry, several companies are following different growth strategies. For instance, Meggitt PLC, a leading international company specializing in high performance components and sub-systems for aerospace, defense and selected energy markets, has been awarded a fixed price contract by General Dynamics Land Systems (GDLS) to develop an Advanced Cooling System for the next generation ground combat platforms. Meggitt has manufactured more than 2,480 hydraulically powered Thermal Management Systems (TMS) for GDLS with additional 450 in process.

Businesses are also working on their current joint ventures as a part of the plan to increase their aerospace and defense ducting market share. Recently, the joint venture of Eaton with Shanghai Aircraft Manufacturing Co. (SAMC) secured approval by the authorities to offer maintenance, repair and overhaul (MRO) services on tubes and ducting to clients in the APAC region. With the approval, the current facility of Eaton-SAMC joint venture in Shanghai will immediately start serving as a ducting, tube and hose repair station. Such expansions and joint ventures will help to enhance the aerospace and defense ducting industry landscape in APAC region.

Growth of aerospace and defense ducting market will be helped by the companies toiling to expand their footprint globally with big contracts and regional expansions. The need for strengthening national security is also gaining paramount importance which will supplement aerospace and defense ducting industry growth significantly. According to a latest research report compiled by Global Market Insights, aerospace and defense ducting market size is forecast to surpass $7 billion by 2025.

Author NameAnchal Solanki

APAC bleached linter cellulose market to record substantial gains over 2019-2025

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Increased product demand from pharmaceutical and textile industries will drive bleached linter cellulose market growth in the forecast years. Bleach linter cellulose is a high viscosity substance made primarily from cotton linters. Compared to wood cellulose, cotton linters offer significant advantages like higher purity, higher brightness, and a lower content of hemi-celluloses. These characteristics make purified linters cellulose an ideal raw material for manufacturing high-quality products like tissue, gazes, high-quality paper for bank notes, nitrocellulose and cellulose ethers.

U.S. Bleach Linter Cellulose Market size, By Application, 2014-2025 (USD Million)

U.S. Bleach Linter Cellulose Market size, By Application, 2014-2025 (USD Million)

Increasing investments and rapid technological advancements are likely to expand bleached linter cellulose market size over the forecast period. For instance, in 2019, the GRETE project that aims to improve the existing wood-to-textile value chains by developing breakthroughs and increase production of man-made cellulose fibers in Europe was granted EUR 2.6 million by the Bio-based Industries Joint Undertaking (BBI JU). Swiftly growing food industry across developing nations is also anticipated to foster industry trends.

Based on application, it would be apt to state that cellulose ether will accrue a significant proportion od bleached linter cellulose market share over the coming years. Cellulose ethers are often used as viscosifiers, suspending agents, thickeners, binders, protective colloids, film formers, and stabilizers in industries like food, drilling, textile, building, ceramics, detergent, and cosmetics.

Increasing use of cellulose ethers like carboxymethylcellulose (CMC) and methylcellulose (MC) will drive industry outlook. For example, in the construction industry, CMC is used in cement and other building material compositions owing to its hydrophilic and stabilizing properties.

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Supportive government strategies and investments in the construction sector will positively supplement cellulose ether segment in the coming years. For instance, according to European Construction Sector Observatory (ECSO) 2018, the UK government plans to deliver 400,000 affordable housing units by 2020-2021, financed through a new EUR 2.7 billion Housing Infrastructure Fund.

Growing demand for personal care and pharmaceutical products is likely to drive bleached linter cellulose market growth by 2025. In personal care industry, bleached linter cellulose is used to thicken and stabilize cosmetics and improve their moisturizing effects. Cellulose ether, pertaining to its characteristics like high glass transition temperatures, limited crystallinity, high chemical & photochemical stability, solubility, hydrogen bonding capability, and low toxicity is used widely in the pharmaceutical sector. Colored cellulose ether products can also be decolorized or bleached to attain an increased whiteness.

Growing use of cellulose ether in various medicinal drug formulations will accelerate product demand. For instance, methyl cellulose (MC) can be used for thickening, suspending, and achieving emulsion stability of liquid pharmaceuticals, and for film coating materials of low viscosity aqueous solution.

Ethyl cellulose (EC) can be used as the binder of tablets, as film coating material, or as the matrix material for developing various types of matrix sustained-release tablets. With growing application of cellulose ether and ethyl cellulose, bleached linter cellulose market will witness commendable proceeds from the personal care and pharmaceutical sector over the coming years.

Asia-Pacific bleached linter cellulose market is anticipated to record gains of over 3.5% in the forecast period. Availability of low cost raw materials in countries like India and China will supplement industry growth. In addition, surging demand from end-user industries like textile, food, pharmaceutical and personal care due to improving socio-economic trends will expand market size.

According to IBEF, India’s pharmaceutical industry is expected to reach US $55 billion by 2020. Whereas the country’s textiles industry is estimated to reach US$ 250 billion in 2019. With rapid proliferation in such key sectors, the Asia-Pacific bleached linter cellulose market is estimated to witness new growth opportunities over the forecast period.

Bleach linter cellulose is high viscosity cellulose made from cotton linters. Being non-toxic, odorless in nature and easy-absorbent, bleach linter cellulose can effectively be used in industries like food, ceramics, detergent, and cosmetics. Rising product penetration in the textile, personal care and pharmaceutical industries will majorly drive global bleached linter cellulose market growth. Global Market Insights, Inc., estimates bleached linter cellulose market size to reach US $1.3 billion by 2025.

Author NameMateen Dalal