Flexitanks Market Size, Application Analysis, Growth Trends And Forecasts 2022: Radiant Insights

Flexitanks has become a key alternative for companies as it is more cost-effective than ISO tanks & drums. Competitive advantages offered by flexitanks include as ease of set up, portability and foldability has expanded the product demand worldwide.

Polypropylene and polyethylene disposable bladders have conquered several problems associated with other IBC (Intermediate bulk container), Intermodal containers or drum containers, therefore driving the product demand. These bladders allow only-one time usage of the inner plastic bags, lowering the risks of cross-contamination.

Rising availability of advance means of transport coupled with globalization has augmented the commodity trade. In addition, this has cut down the transportation costs and increased the efficiency. Shippers have shifted their preference to bulk shipping as it is highly cost efficient, thus driving the global flexitanks market.

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The worldwide flexitanks industry is segmented based on products, applications and regions. Products include single trip and multi trip. Furthermore, Single trip disposable bladders led the market contributing for the maximums share. These bladders are extremely cost -effective and possess larger carriage capacity. On the other hand, multi trip bladders have extra reposting and cleaning cost linked with them. Flexitanks key applications include Wine& spirits, foodstuffs, industrial products, pharmaceutical goods and chemicals. Foodstuffs segment dominated other applications in 2014. Foodstuffs such as edible oil, fruit juices, potable water and fruit concentrates are carried by flexitanlks. Moreover, these are also used in bulk wine transportation,

Region wise, Asia Pacific dominated the flexitanks market. The region has happen to manufacturing hub for several industrial and chemical products and has been conventionally exporting numerous food products. Also, Europe is the major exporter for several foodstuffs including wine. Denmark, Spain and Netherlands are key exporters for numerous foodstuffs like fruit juices, malt extracts and olive oil. Augmeting industrial and chemical product production in UK and Germany has expanded flexitanks demand from oils and chemicals segment. 

Global Automotive Fuel Injector Market to Post a Moderate CAGR of Approximately 3% by 2020

Market outlook of the automotive fuel injector market
Technavio market research analysts estimate the global market for automotive fuel injectors to post a moderate CAGR of approximately 3% by 2020. The growing need to control vehicle emissions and to increase the overall fuel efficiency of automobiles is expected to impel the adoption of fuel injectors in the automotive industry during the forecast period.

The advent of stringent fuel economy and emission norms is expected to act as the key driver for the growth of this market. The augmented need to reduce oil dependency and emissions from automotive vehicles is predicted to bolster market growth as it necessitates the adoption of fuel injectors by vehicle manufacturers.

Segmentation by vehicle type and analysis of the automotive fuel injector market
Passenger cars
Light commercial vehicles
Heavy commercial vehicles

In this global market research, analysts have estimated the passenger cars segment to lead the global market for automotive fuel injectors during the forecast period. This segment currently accounts for more than 58% of the total market share and is estimated to retain its dominating hold over the market by 2020 owing to the augmented demand for passenger cars from across the globe.

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Global Automotive Blind Spot Detection Market is Predicted a Market Growth Rate of Over 21% by 2019

Market outlook of the global automotive blind spot detection market
Technavios research analysts predict a market growth rate of over 21% from 2015 to 2019. Recent advances in technology in the global automobile market have augmented the position and importance of safety systems in the market.

Analysts expect the demand for automotive blind spot detection to grow considerably during the forecast period. This market is driven by an increasing emphasis on safety solutions with automakers stressing on differentiating themselves in the auto market.

Also, enactment of stern regulations by government and transport authorities, owing to an increase in accidents caused by the abrupt shifting of lanes without noticing and analyzing the rear-view and blind spot, and necessitates its adoption.

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Segmentation of global automotive blind spot detection by end-market
Aftermarket
OEM

In terms of revenue, OEMs accounted for close to 92% of the global revenue generated from the sale of BSD system in 2014. Owing to the increasing safety concerns among the consumers, the demand for BSD systems is expected to increase further in the coming years.

Geographical segmentation of the global automotive blind spot detection market
APAC
Americas
EMEA

Global automotive BSD market is geographically well diversified across the Americas, EMEA, and APAC. The Americas accounted for a more than 45% share of the market in 2014.

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