Construction Tape Market | Key Players Business Strategies Study Analysis

The construction tape market is prognosticated to observe exponential growth on the back of the booming construction sector and the increasing urbanization levels. The forecast period of 2020-2030 will observe profitable growth advancements that will transform the growth prospects of the construction tape market to a considerable extent.

Construction tapes are vitally used for spanning joints and gaps. They are standard accessories in air barriers and water-resistive barriers such as liquid membranes, building wraps, sheet membranes, etc. The utilization of construction tapes in many applications such as sports and recreation activities, construction, yachts builders, and others will bring tremendous growth opportunities for the construction tape market.

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On the basis of product, the construction tape market can be segmented into aluminum tape, masking tape, high-temperature polyimide tape, anti-friction tape, high-temperature polyester tape, glass cloth tape, and others. These tapes are sold through direct sales or distributors and wholesalers.

Demand for Lightweight Materials to Invite Exponential Growth

The escalating demand for lightweight materials has brought extensive development opportunities for the construction tape market. Construction tapes are entirely light and prove to be a helpful material in varied construction projects. This factor will have a profound impact on the growth of the construction tape market.

Sustainability Penetrating Rapidly across the Construction Tape Market

The awareness about conserving the environment is spreading like wildfire among a considerable chunk of the populace. Many people prefer sustainable products instead of conventional ones. Thus, manufacturers in the construction tape market concentrate on developing eco-friendly tapes that do not pose any harm to the environment. The growth trajectory will improve according to the demand and production of such tapes.

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Asia Pacific’s Construction Tape Market to Reign Supreme

The construction tape market in Asia Pacific is estimated to observe a dominant streak across the assessment period of 2020-2030. The growing awareness about the latest building methodologies will bring good growth prospects.

Researchers devise supply chain model to support hydrogen economy

Over the past decades, in the bid to develop a carbon free energy, the interest in hydrogen as an environmentally clean fuel is increasingly gaining attention. However, to shift the economy from fossil fuels to clean burning fuels such as hydrogen, this will require significant change in current supply chain models.

“Meanwhile, to get it started, flexible scheduling for trucks and pipelines is proposed, which allows them to be used for both storage and transmission,” stated the lead author of a paper titled Transactions on Sustainable Energy published in the IEEE. Importantly, this has significance for green hydrogen generated from intermittent renewables, because it can provide extra flexibility for variation in demand and supply chains.

In fact, hydrogen is widely recognized as a viable fuel to decarbonize several sectors of the economy. This is because it can pack more energy by weight than natural gas or gasoline, and at the same time generates zero emissions when used as a source of energy. However, on the downside, generating hydrogen can cause significant emissions.

According to data of the U.S. Office of Energy Efficiency and Renewable Energy, today, 95 percent of the hydrogen that is generated is via steam methane reforming – an energy intensive process wherein methane reacts with water to generate hydrogen and carbon monoxide. In the second part of the process, steam is added to the cooled gas to convert carbon monoxide into carbon dioxide and generate more hydrogen.

Using this process, globally, hydrogen production accounts for about 4 percent CO2 emissions.  This number is anticipated to rise significantly if the use of hydrogen as fuel increases for electric vehicles and industrial processes such as ammonia production and steel refining.

Portable Projector Market | Latest Trends and Cardinal Growth Prospects

Rising demand for portable and lightweight display units from educational and business institutions around the world is one of the major drivers for the growing global portable projector market. Increasing usage of 3D projections for simulations and training purposes in defense and aerospace industries is also expected to create attractive opportunities in the global portable projector market in coming years. Products in portable projector market find application in a diverse set of industry verticals, including but not limited to, aerospace, healthcare, defense, and consumer electronics. These devices are compatible with a host of smart and computational devices such as laptops, digital cameras, smart phones, and portable media players. The devices in global portable projector market can be classified based on the brightness they project. Measured in lumens, product categories in global portable projector market based on the brightness include below 500 lumens, 500 to 3000 lumens, and above 3000 lumens. Technologies used for developing products in the global portable projector market include digital light processing or DLP, liquid crystal on silicon or LCoS, and liquid crystal display or LCD.

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Players in the Portable Projector Market Focused on New Product Launches

Some of the major vendors in the global portable projector market include Philips N. V., LG Electronics Incorporation, Canon, HP, Kodak Limited, Xiomi, BenQ Corporation, Acer, Sony Corporation, Ricoh, Casio, Asus Corporation, Anker Corporation, and Panasonic. Manufacturers and players in global portable projector market are focusing on launching new products, upgrading their existing product portfolio and offerings, and joint ventures as key strategies for expansion and gaining competitive edge. They are also working on enhancing the cross-platform interoperability of their products so they can project data coming from a variety of devices and operating systems, including devices such as PCs, laptops, tablets, and operating systems such as windows, mac OS, Linux, android, and iOS to expand their consumer base. For example, Philips has launched a new product in the global portable projector market that features a brightness of 170 lumens and can project images up to 120 inches diagonally. This new product in global portable projector market can be operated via windows computers, or android and iOS mobile devices.   

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Wheat Protein Market | Outbreak of Covid-19 Worldwide to Leave Positive Impact on the Market

Wheat proteins refer to plant-based proteins that are derived primarily by digesting wheat with various enzymes. Basically, these proteins are a form of insoluble functional protein with specific visco-elastic properties that give the product elasticity and extensibility. They are extensively employed in a variety of end-use sectors such as animal feed, cosmetics and personal care, baking and confectionery, and others as a feasible alternative to animal-based protein. The surge in demand for plant-based diets, as well as the expanding vegan population, is impacting the growth of the global wheat protein market.

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Growing Popularity of Veganism is Expected to Spur Demand for Wheat Protein

Furthermore, owing to the overwhelming popularity of veganism and vegetarianism, the demand for plant-based protein meals is rapidly increasingly worldwide.  With the increasing levels of income and increased expenditure on nutritious food items, the demand for protein components in the food and beverage sector has changed dramatically in terms of nutritional quality and content. The demand for supplement items has been trending, particularly amongst the fitness and sports enthusiasts. These factors are likely to work in favour of the global wheat protein market in the forthcoming years.

Gluten intolerance, often known as Celiac disease, is an autoimmune illness that destroys the lining of the small intestine and inhibits nutrients from being absorbed from foodstuff. Gluten, a kind of wheat protein that may also be found in oats rye, and barley causes the majority of the harm. However, even if they do not have Celiac disease, some people may feel gastrointestinal pain. ATIs (Amylase-trypsin-inhibitors), are a class of wheat proteins that may cause an immunological response. As such, it adds to the growth of non-celiac gluten sensitivity (NCGS). These factors play an important role in development of the global wheat protein market in the near future.

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The global wheat protein market has been severely impacted by the Covid-19 epidemic. Consumer knowledge of the pandemic’s effects on meat production grew, prompting them to switch to plant-based alternatives. Meat substitute brands’ sales increased manifolds as a result of the outbreak of Covid-19. As people strive for a better lifestyle, the pandemic has had an impact on sales of dairy substitutes, plant-based food items, and vitamins.