Axisresearch
List of Categories
- Aerospace & Defense
- Agriculture
- Animal Nutrition & Wellness
- Automation
- Automotive
- Chemical & Materials
- Consumer Goods and Services
- Electronics
- Energy & Mining
- Financial Services & Investment Intelligence
- Food & Beverage
- Healthcare
- Heavy Industry
- Home & Property Improvement
- Information & Communications Technology
- Investment Opportunities
- Manufacturing
- NEO
- Others
- Packaging
- Retail
- Technology & Media
- Transportation & Logistics
Asia-Pacific Charter Jet Service Market – Growth, Trends, and Forecast (2019 – 2024)
| Aerospace & Defense | Published by: Mordor Intelligence | Market: |
| 101 pages | Published: 17-06-2019 |
- Aerospace & Defense
- Mordor Intelligence
- 101 pages
- Published: 17-06-2019
Market Overview
The market for charter jet services in Asia-Pacific is anticipated to achieve a CAGR of over 3% during the forecast period.
On-demand travel is growing in the region, along with membership schemes and charter packages, which has made the charter jet services market easier to access.
Limited Infrastructure and regulations are some of the factors challenging the market growth in the region.
However, the future is bright for private jet charter in the region, due to the rising number of millionaires and billionaires across Asia.
Scope of the Report
A charter flight is an unscheduled flight that is not part of a regular airline routing. Air charter is the business of renting an entire aircraft instead of individual aircraft seats. Charter users can be categorized into three types, corporate, private, and government. In Asia-Pacific, the primary need for business jet charter continues to be for corporate use.
The study includes country-wise fleet data, fleet by aircraft size, top charter routes, and analysis of the charter jet service market in major countries in the region.
Key Market Trends
Large Jets Segment to Grow with the Highest CAGR During the Forecast Period
In the past few years, preference for larger long-range jets has been the highest. This is primarily due to their flying capability, connecting Europe to Asia and Asia to the United States. From 2016-2018, about 84 new jets were added to the Asia-Pacific business jet charter market. Overall, the large-size category saw the greatest increase in fleets, by 16 aircraft, whereas, the mid-size category saw a net decrease in charter fleets, by four aircraft. About one-third of the existing charter fleets in Asia-Pacific comprises large jets. In 2017 and 2018, Dassault received several orders for its large Falcon 8X. Some of the other popular aircraft models are Challenger 605, G550, and BBJ, among others.
China to Dominate the Market During the Forecast Period
Currently, China dominates the air charter service market, followed by Australia and India. China is also expected to experience the highest growth during the forecast period, as the Chinese government plans to increase the number of airports from 220 to 260 by the end of 2020. Over the years, it has become easier to operate an aircraft in China than it was ten years ago, due to the gradual liberalization of airspace. China’s fleet largely comprises large-cabin, long-range jets. The large, long-range and corporate airline categories account for nearly 4/5th of the total fleet.
Competitive Landscape
The market is highly competitive and fragmented. Deer Jet, Club One Air, and Australian Corporate Jet Centres are some of the players with maximum fleet size. Charter service providers are increasing their fleet size to cater to the increasing demand for on-demand flights. Membership schemes and new packages are being introduced by service providers to increase their market shares in the region. The high potential of the market has also attracted several charter service providers based in the United States and Europe to expand their services across Asia.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Aircraft Size
5.1.1 Large
5.1.2 Medium
5.1.3 Small
5.2 Country
5.2.1 Asia-Pacific
5.2.1.1 China
5.2.1.1.1 Fleet by Size and Model
5.2.1.1.2 Leading Charter Operators
5.2.1.1.3 Popular Routes
5.2.1.2 Australia
5.2.1.2.1 Fleet by Size and Model
5.2.1.2.2 Leading Charter Operators
5.2.1.2.3 Popular Routes
5.2.1.3 India
5.2.1.3.1 Fleet by Size and Model
5.2.1.3.2 Leading Charter Operators
5.2.1.3.3 Popular Routes
5.2.1.4 Singapore
5.2.1.4.1 Fleet by Size and Model
5.2.1.4.2 Leading Charter Operators
5.2.1.4.3 Popular Routes
5.2.1.5 Rest of Asia-Pacific
5.2.1.5.1 Fleet by Size and Model
5.2.1.5.2 Leading Charter Operators
5.2.1.5.3 Popular Routes
6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Company Profiles
6.2.1 Deer Jet
6.2.2 Australian Corporate Jet Centres
6.2.3 Flight Options LLC
6.2.4 Club One Air
6.2.5 REVESCO AVIATION
6.2.6 Reliance Commercial Dealers Ltd
6.2.7 Asian Aerospace Corporation
6.2.8 Pacific Flight Services
6.2.9 Phenix Jet
6.2.10 Executive Jet Asia
6.2.11 Global Jet International
6.2.12 Business Aviation Asia Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Aircraft Size
Large
Medium
Small
Country
Asia-Pacific
China
Fleet by Size and Model
Leading Charter Operators
Popular Routes
Australia
Fleet by Size and Model
Leading Charter Operators
Popular Routes
India
Fleet by Size and Model
Leading Charter Operators
Popular Routes
Singapore
Fleet by Size and Model
Leading Charter Operators
Popular Routes
Rest of Asia-Pacific
Fleet by Size and Model
Leading Charter Operators
Popular Routes
Asia-Pacific Hot-melt Adhesives Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: |
| 120 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- 120 pages
- Published: 17-06-2019
Market Overview
The market for Asia-Pacific hot-melt adhesives is expected to register a CAGR of 6.55%, during the forecast period of 2019-2024. One of the major factors driving the market studied is the increasing demand from the automotive and packaging industries. Volatility in the availability and price of raw material are expected to hinder the growth of the market studied.
The paper, board, and packaging industry dominated the market in 2017, and is expected to continue its dominance during the forecast period, owing to the increasing production of tapes and labels.
The adoption of bio-based hot-melt adhesives is likely to act as an opportunity in the future.
China dominated the market across the region, followed by Japan and India.
Key Market Trends
Demand from the Healthcare Industry to Expand at a Lucrative Rate
Hot-melt adhesives are used on decorative laminates, respirators, surgical drapes, and wheelchair cushion assembly, to join surfaces and create effective bonds that maintain flexibility after bonding, in the healthcare industry.
Pressure-sensitive hot-melt adhesives are used on electrodes, first-aid dressing, toupee tapes, wound dressing, surgical drapes, monitor faceplates, micro plate cover tapes, insulin pump attachment, and ostomy appliances. These can also be used in a variety of sanitary products, like baby diapers, sanitary diapers, pet sheets, etc. Moreover, they are used as assembly and slip protection tapes in hygiene products.
Growing health awareness among people and changing lifestyles have increased the demand for hygiene products. Corporate advertising and various governmental education campaigns have increased the public awareness about various healthcare products, and this has, in turn, resulted in the market growth .
The Asia-Pacific healthcare industry is growing, due to the rise in aging population, increase in new diseases, awareness about health issues, and increasing income levels of individuals. This growth in demand for healthcare products is, in turn, driving the demand for hot-melt adhesives.
The aforementioned factors from the healthcare sector are expected to increase the demand for hot-melt adhesives, during the forecast period.
China to Dominate the Market
China is home to more than half of the world’s manufacturing capacity for electronics. More than half of the world’s mobile phones are made in China, along with almost all of the printed circuit boards. Chinese factories install two-fifths of the world’s semiconductors. Electronic products, such as smartphones, OLED TVs, tablets, etc., have the highest growth in the consumer electronics segment market. With increase in the disposable incomes of the middle-class population, the demand for electronic products is projected to grow in the near future, thereby driving the hot-melt adhesives market in the country. The demand for hot-melt adhesives from the automotive sector is growing at a high rate. The Chinese automotive manufacturing industry is the largest in the world. The automotive industry is growing rapidly, owing to the increasing automobile production (production increasing at a YoY of 2.36%, over 2017) and sales (sales increasing at a YoY of 3.08%, over 2017). Such factors, in turn, are likely to have a positive impact on the market studied.
Competitive Landscape
The Asia-Pacific hot-melt adhesives market is highly concentrated, with top 10 players accounting for approximately 60% of the market share, in 2017. DowDuPont Inc., 3M Company, Sika AG, Henkel AG & Co. KGaA, and Arkema Group (Bostik SA) are the key companies in the Asia-Pacific hot-melt adhesives market .
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Automotive and Packaging Industries
4.1.2 Rising Environmental Concerns Regarding Solvent-borne Adhesives
4.2 Restraints
4.2.1 Volatility in the Availability and Price of Raw Material
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Resin Type
5.1.1 Thermoplastic Polyurethane
5.1.2 Ethylene Vinyl Acetate
5.1.3 Styrenic-butadiene Copolymers
5.1.4 Polyolefins
5.1.5 Polyamide
5.1.6 Other Resin Types
5.2 End-user Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Woodworking and Joinery
5.2.4 Transportation
5.2.5 Footwear and Leather
5.2.6 Healthcare
5.2.7 Electronics
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 South Korea
5.3.5 ASEAN Countries
5.3.6 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 Alfa International Corporation
6.4.3 Arkema Group (Bostik SA)
6.4.4 Ashland Inc.
6.4.5 Avery Dennison Corp.
6.4.6 Sika AG
6.4.7 DowDuPont
6.4.8 Dymax
6.4.9 AICA ASIA Pacific Holding Pte Ltd
6.4.10 H.B. Fuller Co.
6.4.11 Henkel AG & Co. KGaA
6.4.12 Hexcel Corporation
6.4.13 Yokohama Industries Americas Inc.
6.4.14 Huntsman Corporation
6.4.15 Jowat SE
6.4.16 Mactac
6.4.17 Mapei Spa
6.4.18 Paramelt BV
6.4.19 Pidilite Industries Ltd
6.4.20 LORD Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Adoption of Bio-based Hot-melt Adhesives
MARKET SEGMENTATION
Resin Type
Thermoplastic Polyurethane
Ethylene Vinyl Acetate
Styrenic-butadiene Copolymers
Polyolefins
Polyamide
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Woodworking and Joinery
Transportation
Footwear and Leather
Healthcare
Electronics
Other End-user Industries
Geography
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
Asia-Pacific Remote Patient Monitoring Systems Market – Growth, Trends, and Forecast (2019 – 2024)
| Healthcare | Published by: Mordor Intelligence | Market: |
| 86 pages | Published: 17-06-2019 |
- Healthcare
- Mordor Intelligence
- 86 pages
- Published: 17-06-2019
Market Overview
The Asia-Pacific remote monitoring systems market is projected to register a CAGR of almost 12.9%, over the forecast period. Certain factors that are propelling the growth of the market are the rising incidences of chronic diseases due to lifestyle changes, increase in the aging population, need to contain healthcare expenditure, demand for home-based monitoring devices, and ease of use and portability devices to promote the growth.
The adoption of various home-based monitoring devices has helped in the growth of the healthcare industry, drastically. The switch toward home care and preventive care has led to the higher acceptance of remote patient monitoring devices. With the help of these devices, the patients can keep a track of their well-being and the doctors can offer accurate diagnosis. These devices are also helping patients recover better after surgeries and during treatments. However, a paradigm shift toward home-based monitoring is increasing, which is driving the remote patient monitoring systems market.
Scope of the Report
Remote patient monitoring is a technology, which helps in the monitoring of patients outside of a usual hospital or clinical facilities. This helps in increasing the access to care and decreasing the healthcare delivery costs.
Key Market Trends
Heart Monitors are Expected to Witness the Highest CAGR over the Forecast Period
With the advancements in technology and rapid adoption of digital healthcare in developing countries, there is a huge demand for remote monitoring devices. Among these devices or systems, heart monitors have a huge demand across developing countries, such as India and China.
The rising prevalence of heart diseases in the Asia-Pacific region is one of the major factors contributing to the huge demand for heart monitors. According to the World Health Organization, around 26.2% of deaths in the Asia-Pacific region are associated with cardiovascular diseases. Furthermore, the prevalence of hypertension in the region is approximately 16-18%.
Owing to the rising number of people suffering from medical issues, such as hypertension, blood pressure fluctuations, heart failure, etc., the demand for remote monitoring devices is increasing.
Japan Dominates the Market and is Expected to Follow the Same Trend over Forecast Period
Geographically, the Asian market has been segmented under various regions, namely, China, Japan, India, Australia & New Zealand, and South Korea. Currently, Japan dominates the Asia-Pacific patient monitoring system market, which is followed by China, India, and South Korea. The market is majorly driven by factors, like the increasing number of chronic disease in Asia-Pacific, as two in three deaths were caused due to chronic disease.
Competitive Landscape
The Asia-Pacific remote patient monitoring market is moderately competitive and inclusive of the major players, such as GE Healthcare, Abbott Laboratories, Baxter, Boston Scientific, and Omron Healthcare.
Due to the growing digital healthcare market, small players are also focusing on entering the market, and are anticipated to grab a substantial market share in the coming future.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Incidences of Chronic Diseases due to Lifestyle Changes
4.2.2 Increase in Ageing Population
4.2.3 Need to Contain Healthcare Expenditure
4.2.4 Demand for Home-based Monitoring Devices
4.2.5 Ease of Use and Portability Devices to Promote the Growth
4.3 Market Restraints
4.3.1 Resistance from Healthcare Industry Professionals toward the Adoption of Patient Monitoring Systems
4.3.2 Stringent Regulatory Framework
4.3.3 Lack of Trained Staff and Physicians
4.4 Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Heart Monitors
5.1.2 Breath Monitors
5.1.3 Hematology Monitors
5.1.4 Multi-parameter monitors
5.1.5 Other Types
5.2 By Application
5.2.1 Cancer Treatment
5.2.2 Cardiovascular Disease
5.2.3 Diabetes Treatment
5.2.4 Sleep Disorder
5.2.5 Weight Management and Fitness Monitoring
5.2.6 Other Applications
5.3 By End-users
5.3.1 Home Healthcare
5.3.2 Ambulatory Care Centers
5.3.3 Hospitals
5.3.4 Other End Users
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 Japan
5.4.1.3 India
5.4.1.4 Australia & New Zealand
5.4.1.5 South Korea
5.4.1.6 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Abbott Laboratories
6.1.2 Omron Healthcare
6.1.3 AMD South America Telemedicine
6.1.4 Baxter
6.1.5 Bosch Medical
6.1.6 Boston Scientific
6.1.7 Cardiocom
6.1.8 Covidien
6.1.9 GE Healthcare
6.1.10 Nihon Kohden
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Type
Heart Monitors
Breath Monitors
Hematology Monitors
Multi-parameter monitors
Other Types
By Application
Cancer Treatment
Cardiovascular Disease
Diabetes Treatment
Sleep Disorder
Weight Management and Fitness Monitoring
Other Applications
By End-users
Home Healthcare
Ambulatory Care Centers
Hospitals
Other End Users
Geography
Asia-Pacific
China
Japan
India
Australia & New Zealand
South Korea
Rest of Asia-Pacific
Asia-Pacific Wearable Medical Devices Market – Growth, Trends, and Forecast (2019 – 2024)
| Healthcare | Published by: Mordor Intelligence | Market: |
| 65 pages | Published: 17-06-2019 |
- Healthcare
- Mordor Intelligence
- 65 pages
- Published: 17-06-2019
Market Overview
– The propelling factors for the growth of the Asia-Pacific (APAC) wearable medical devices market include the increasing technological advancements and innovations, increasing per-capita income in developing countries, and ease-of-use and interpretation of medical devices.
– The APAC wearable medical devices market is expected to witness prolific growth, owing to rapid technological advancements and innovations. The introduction of new wearable devices, such as smart lenses, wireless ECG devices, wireless heart-rate monitors, and blood glucose monitors, have created high awareness among tech-savvy consumers. With further improvements in device design, user interface, cybersecurity, and battery capacity, the usage of wearable medical devices is expected to rise over the forecast period.
– In addition, the developing and emerging regions are supplied with low cost, or completely knocked down versions of the international products to improve market penetration. However, some manufacturers continue to use a uniform product and pricing strategy across the world, where prices are moderated relatively by currency fluctuations and local assembling capacity. Thus, the high price of the products is further impacting the growth of the market.
– In the Asia-Pacific region, a large pool of population has lifestyle diseases, such as diabetes and obesity, which has increased the risk of cancer. This has raised the concerns levels in the societies to early diagnose the diseases, which increases the demand for wearable devices. Furthermore, the increase in cases of chronic conditions, such as obesity, heart problems, breathing problems, and many more such diseases, helps to drive the Asia-Pacific market.
Scope of the Report
As per the scope of the report, wearable medical devices are capable of diagnosing or monitoring medical conditions, combined with digital health information, typically worn over the body. The demand for wearable medical devices and remote patient monitoring is continuously increasing in the global market. Wearable devices are easy to use, cordless, and can provide information about various factors, such as heart rate, blood pressure, weight, sleeping habits, and other factors.
Key Market Trends
Sports and Fitness is Estimated to have the Largest Share in the Asia-Pacific Wearable Medical Devices Market
Sports and fitness devices are the most popular and widely known healthcare wearables, which are used to keep track of vital parameters. The athletes use wearable devices, which measure their heart rate, blood pressure, etc. People, nowadays, have become health conscious and started using wearable medical devices to keep a check on their vital parameters, like pulse rate, blood pressure, etc. Thus, the rise in awareness regarding fitness and preventive care increased the demand for wearable medical devices.
Competitive Landscape
The key growth strategies adopted by key players include strategic acquisitions, collaborations, and partnerships that may help them expand their geographical presence and strengthen their business position.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Technological Advancements and Innovations
4.2.2 Increasing Per-capita Income in Developing Countries
4.2.3 Ease-of-use and Interpretation of Medical Devices
4.3 Market Restraints
4.3.1 High Cost of Wearable Devices
4.3.2 Unfavorable Reimbursement Issues
4.4 Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Wearable Vital Sign Monitor
5.1.1.1 Wearable Heart Rate Monitor
5.1.1.2 Wearable Activity Monitor
5.1.1.3 Wearable Electrocardiograph
5.1.1.4 Wearable Sleep Monitor
5.1.2 Wearable Fetal Monitor and Obstetric Device
5.1.3 Neuro-monitoring Device
5.1.4 Pain Management Wearable Medical Device
5.1.5 Glucose/Insulin Monitoring Wearable Device
5.1.6 Respiratory Therapy Wearable Device
5.2 By Application
5.2.1 Sports and Fitness
5.2.2 Remote Patient Monitoring
5.2.3 Home Healthcare
5.3 By Device Type
5.3.1 Watch
5.3.2 Wristband
5.3.3 Clothing
5.3.4 Ear Wear
5.3.5 Other Device Types
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 Japan
5.4.1.3 India
5.4.1.4 Australia
5.4.1.5 South Korea
5.4.1.6 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Garmin Ltd
6.1.2 Apple Inc.
6.1.3 Fitbit Inc.
6.1.4 Lifesense
6.1.5 Sotera Wireless
6.1.6 LifeWatch AG (Biotelemetry)
6.1.7 Philips Electronics
6.1.8 Samsung
6.1.9 Vital connect
6.1.10 Abbott Laboratories
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
By Product Type
Wearable Vital Sign Monitor
Wearable Heart Rate Monitor
Wearable Activity Monitor
Wearable Electrocardiograph
Wearable Sleep Monitor
Wearable Fetal Monitor and Obstetric Device
Neuro-monitoring Device
Pain Management Wearable Medical Device
Glucose/Insulin Monitoring Wearable Device
Respiratory Therapy Wearable Device
By Application
Sports and Fitness
Remote Patient Monitoring
Home Healthcare
By Device Type
Watch
Wristband
Clothing
Ear Wear
Other Device Types
Geography
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Vietnam Biopesticides Market – Segmented by Crop Type and Type – Growth, Trends, and Forecast (2019-2024)
| Agriculture | Published by: Mordor Intelligence | Market: |
| 75 pages | Published: 17-06-2019 |
- Agriculture
- Mordor Intelligence
- 75 pages
- Published: 17-06-2019
Market Overview
The Vietnamese biopesticides market was valued at USD 26.45 million in the year 2018 and is expected to register a CAGR of 16.43%, during the forecast period (2019-2024). In 2018, bio-insecticides was the largest product segment of the market studied and accounted for a share of around 91.2% of the market. In Vietnam, R&D activities mainly focus on breeding new crop varieties and developing appropriate production technologies for such crops based on the IPM. However, not much has been done to promote organic agriculture, which would be needed if the biopesticides market needs to grow rapidly.
Scope of the Report
According to the US EPA, biopesticides include naturally occurring substances (biochemical pesticides), microorganisms (microbial pesticides), and pesticidal substances produced by plants (plant-incorporated protectants). The Vietnamese biopesticides market study covers all three types of above mentioned commercial microbial, biochemical pesticides, and plant-incorporated protectant products.
Key Market Trends
Increase in Arable Land
In Vietnam, an increase of 0.2 million hectares of arable land per year was recorded by World-Bank and hence, the use of pesticides and fertilizers are growing in the country. The Vietnamese government has adopted land policies to bring a shift from the collectivized state-controlled agricultural production system to one based on individual farm households in the market place. The total area of agricultural land has increased by 3.2 million hectares and the increase is largely forest land (2.9 million hectares), while the land for long-day crops, such as spinach, lettuce, and some varieties of wheat has increased by 0.27 million hectares.
Bio-insecticides to Dominate the Biopesticides Market by Type
Bio-insecticides is the largest and the fastest growing segment of the biopesticides industry, and rice utilizes most of the bioinsecticides. The segment accounts for 91.2% of the biopesticides market share and the market is expected to reach USD 60.61 million by 2024. The International Rice Research Institute (IRRI) in the past had called for a ban on certain insecticides in rice production as part of its new Action Plan to reduce planthopper damage to the rice crop in Asia, including Viet Nam. All of this has led to a shift toward increased use of bioinsecticides. Development of resistance to chemical insecticides and concerns over the deleterious effects of chemicals on environmental and human safety have provided a strong impetus for the development of microbial control agents in the integrated pest management in Vietnam.
Competitive Landscape
The Vietnamese biopesticides market is highly fragmented and has the presence of several local and international players. There are over 50 biopesticide firms in Vietnam, most of them are distributors (as opposed to manufacturers) competing in the approximately USD 1 billion crop protection market. The top six firms, however, account for more than 20% of bio-pesticide revenue in Vietnam. More than 50% of the market share is attributed to local companies having a wide distribution network in Vietnam. Vinachem occupies the largest market share in the bio-pesticide segment in Vietnam, owing to its strong R&D, wider product portfolio, and strong foothold in the local market of Vietnam.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Bio-Insecticides
5.1.2 Bio-Herbicides
5.1.3 Bio-Fungicides
5.1.4 Other Biopesticides
5.2 Crop-type
5.2.1 Grains and Cereals
5.2.2 Oilseeds
5.2.3 Fruits and Vegetables
5.2.4 Other Crop Types
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers and Acquisitions
6.3 Company Profiles
6.3.1 Vipesco
6.3.2 Arysta Life Science Corporation
6.3.3 Certis
6.3.4 Valent Biosciences Corporation
6.3.5 Nicotex Corporation
6.3.6 Can Tho Fertilizer & Chemical Jsc
6.3.7 Isagro
6.3.8 Anh Viet Co. Ltd
6.3.9 Baconco Vietnam
6.3.10 Key Plex
6.3.11 Co. Investment and Development of Sustainable Agriculture
6.3.12 Agriinfotech INC.
6.3.13 Metchem (Shanghai Megchem Company Ltd)
6.3.14 Seipasa
6.3.15 Marrone Bio Innovations
6.3.16 Bioway-organic
6.3.17 Binh Dien Fertilizer Joint Stock Company
6.3.18 Song Gianh Fertilizer Company
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Type
Bio-Insecticides
Bio-Herbicides
Bio-Fungicides
Other Biopesticides
Crop-type
Grains and Cereals
Oilseeds
Fruits and Vegetables
Other Crop Types
Vietnam Organic Fertilizers Market – Industry Analysis, Trends, and Forecast (2019 – 2024)
| Agriculture | Published by: Mordor Intelligence | Market: |
| 75 pages | Published: 17-06-2019 |
- Agriculture
- Mordor Intelligence
- 75 pages
- Published: 17-06-2019
Market Overview
The Vietnamese organic fertilizers market was valued at USD 2.19 million in 2018 and is expected to register a CAGR of 6.7%, during the forecast period (2019-2024). In 2018, Farm Yard Manure was the largest segment among product types of the market studied and accounted for a share of around 69.2% of the market.
According to the Ministry of Agriculture and Rural Development of Vietnam, the import of plant protection chemicals increased tremendously, from 20,000 metric ton in 2005 to 50,000 metric ton in 2014. The number of fertilizers used had increased by 500% since 1985, which illustrates the increasing popularity of agricultural chemicals. Since 2005, concerns about food safety have increased and large local companies, like VinGroup’s Vineco, have been making investments (the latest being an injection of USD 44 million in 2015) into hygienic fresh vegetable production to ensure its VinMarts, which are small supermarkets, to be stocked with safe local produce. Increasing importance for food safety and quality will continue to drive higher demand for organic fertilizers and in particular, farmyard manure in Vietnam, over the forecast period.
Scope of the Report
Organic fertilizers are fertilizers produced raw material, being mainly animal matter, animal excreta, human excreta, and other natural sources.
The report covers the market analysis of both, organic fertilizers (manufactured from FYM (farmyard manure, crop residue, green manure, etc.,) and biofertilizers (manufactured using micro-organisms, like Azotobacter, Rhizobium, etc.)
Key Market Trends
Increase in Arable Land
Vietnam had adopted a Revised Land Law, which became effective on July 1, 2014. This law gave farmers 50-year use rights to their agricultural land, including their basic annual-cropland. This law encouraged a lot of farmers to take up farming, thereby leading to an increase in the area of agricultural land, during 2014-2015. The revised law also included significant improvements on issues, like compensation and procedures for land takings, and other important areas. The increase in the area of arable land, coupled with the government’s introduction of integrated pest management (IPM) program, is expected to drive the organic fertilizers market. This is further fueled with high returns from the market and increased regulations on chemicals residues.
Farm Yard Manure to rule the Vietnamese Organic Fertilizers Market
Increase in the number of livestock, especially pigs, dairy cows, and chicken, is expected to back up the farmyard manure (FYM)industry in Vietnam during the forecast period, though the nutrient content and acceptability among the consumers may vary for the various animal species. According to national statistics, up to September 2014, the national herd was estimated on 26.5 million pigs, 7.7 million cattle, and 304.5 million poultries. Annually, the livestock production emits more than 85 million metric ton of manure, tens of billions of cubic meter liquid waste, and several hundred million tons of exhausted gas.
Competitive Landscape
The organic fertilizers market in Vietnam is a combination of the unorganized and organized sector. The top five players constitute in the range of 27%-32% share of the market, while the other organic fertilizer companies and the unorganized sector together constitute most of the market share, based on the overall Vietnam organic market revenue in 2018.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Industry Attractiveness – Porter’s Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product
5.1.1 Organic Residues
5.1.1.1 Farm Yard Manure
5.1.1.2 Crop Residues
5.1.1.3 Green Manure
5.1.1.4 Other Products
5.2 Biofertilizer
5.2.1 Azotobacter
5.2.2 Rhizobium
5.2.3 Azospirillum
5.2.4 Blue-Green Algae
5.2.5 Azolla
5.2.6 Mycorrhiza
5.2.7 Other Biofertilizers
5.3 Application
5.3.1 Grains and Cereals
5.3.2 Oilseeds
5.3.3 Fruits and Vegetables
5.3.4 Turf and Ornamentals
5.3.5 Other Applications
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers and Acquisitions
6.3 Company Profiles
6.3.1 Global Fertilizer Investment Corporation
6.3.2 Binh Dien Fertilizer Joint Stock Company
6.3.3 Bioway Hitech Joint Stock Company
6.3.4 Baconco Vietnam
6.3.5 Ha Lan Fertilizer Corporation
6.3.6 Que Lam Group
6.3.7 Long Viet
6.3.8 VALVA Co. Ltd
6.3.9 Gold Tech
6.3.10 Sinh Dien Thien Sinh JSC
6.3.11 Can Tho Fertilizer & Chemical Jsc
6.3.12 Song Gianh Fertilizer Company
6.3.13 Vietagro
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Product
Organic Residues
Farm Yard Manure
Crop Residues
Green Manure
Other Products
Biofertilizer
Azotobacter
Rhizobium
Azospirillum
Blue-Green Algae
Azolla
Mycorrhiza
Other Biofertilizers
Application
Grains and Cereals
Oilseeds
Fruits and Vegetables
Turf and Ornamentals
Other Applications