Market Overview:
The global passive shock absorber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural flavours and fragrances across different applications such as food and beverage, pharmaceuticals, cosmetics, home and health care, and others. In addition, the growing awareness about the benefits of using natural ingredients is also fuelling the demand for passive shock absorbers in various regions across the globe.
Product Definition:
A passive shock absorber is a device that resists the motion of an object by converting kinetic energy into thermal energy. This is done by using a damping material that dissipates energy as it moves, thereby slowing the object down. The importance of passive shock absorbers is that they help to protect objects from damage and prevent injuries in the event of a collision.
Animal Natural Flavours and Fragrances:
Animal natural flavours and fragrances are the products obtained from animals through slaughtering or other processes. These products are used as food additives, flavoring agents in foods & beverages, cosmetics and toiletries. Animal natural fragrance is also used in passive shock absorbers to manufacture air fresheners. The growth factor for this market is increasing demand for animal based ingredients due to growing health awareness among consumers across the globe especially in Europe and North America regions.
Botanical nNatural Flavours and Fragrances:
Botanical nNatural Flavours and Fragrances are plant-based extracts that have been used for thousands of years in food, beverages, cosmetics and pharmaceuticals. They are the most basic form of nature's flavoring agents.
Application Insights:
The food and beverage application segment led the global passive shockAbsorber market in 2017. The demand for the product in this sector is driven by an increasing number of packaged food products, including ready-to-eat meals, frozen meals, snack foods and bakery products. In addition, rising demand for alcoholic beverages is expected to drive the market over the forecast period.
Passive shockAbsorbers are used in pharmaceutical applications to prevent damage caused by static or dynamic shocks produced during production or transportation of drugs or vaccines among others¢â‚¬â„¢s facilities. Pharmaceutical industries use these devices to reduce vibrations that can cause particles to move around inside a container and potentially lead to contamination during filling operations as well as when a drug leaves its facility via vehicle transfer onto a transport vessel (i.e., aircraft).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high consumer awareness and increased spending on quality products. Europe accounted for a significant share of revenue in 2017, as it is one of the largest consumers of animal natural flavours and fragrances across the world.
Asia Pacific is anticipated to be one of fastest growing regions over the forecast period owing to increasing product adoption by pharmaceutical companies due to rising geriatric population prone towards various diseases such as respiratory infections and colds that require prescription drugs.
Growth Factors:
- Increasing demand for passive shock absorbers in automobiles owing to the growing awareness about the benefits of using these devices
- Rising popularity of off-road vehicles and SUVs, which are majorly equipped with passive shock absorbers
- Growing demand for aftermarket passive shock absorbers as replacement or upgrade parts for existing vehicles
- Technological advancements in the design and manufacturing of passive shock absorbers that are resulting in better performance and durability
- Increasing number of vehicle parc across developed and developing countries, which is providing a boost to the sales of passive shock absorber
Scope Of The Report
Report Attributes
Report Details
Report Title
Passive Shock Absorber Market Research Report
By Type
Animal Natural Flavours and Fragrances, Botanical nNatural Flavours and Fragrances
By Application
Food And Beverage, Pharmaceutical, Cosmetics, Home And Health Care, Others
By Companies
Givaudan, Sensient Technologies Corporation, International Flavors & Fragrances, Symrise, Kerry Group, Firmenich, Paris Fragrances, Takasago International Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Passive Shock Absorber Market Report Segments:
The global Passive Shock Absorber market is segmented on the basis of:
Types
Animal Natural Flavours and Fragrances, Botanical nNatural Flavours and Fragrances
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food And Beverage, Pharmaceutical, Cosmetics, Home And Health Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Givaudan
- Sensient Technologies Corporation
- International Flavors & Fragrances
- Symrise
- Kerry Group
- Firmenich
- Paris Fragrances
- Takasago International Corporation
Highlights of The Passive Shock Absorber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Animal Natural Flavours and Fragrances
- Botanical nNatural Flavours and Fragrances
- By Application:
- Food And Beverage
- Pharmaceutical
- Cosmetics
- Home And Health Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passive Shock Absorber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A passive shock absorber is a device that absorbs energy from an impact, such as when you fall or are struck by something.
Some of the key players operating in the passive shock absorber market are Givaudan, Sensient Technologies Corporation, International Flavors & Fragrances, Symrise, Kerry Group, Firmenich, Paris Fragrances, Takasago International Corporation.
The passive shock absorber market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passive Shock Absorber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passive Shock Absorber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passive Shock Absorber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passive Shock Absorber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passive Shock Absorber Market Size & Forecast, 2020-2028
4.5.1 Passive Shock Absorber Market Size and Y-o-Y Growth
4.5.2 Passive Shock Absorber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Animal Natural Flavours and Fragrances
5.2.2 Botanical nNatural Flavours and Fragrances
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food And Beverage
6.2.2 Pharmaceutical
6.2.3 Cosmetics
6.2.4 Home And Health Care
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passive Shock Absorber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passive Shock Absorber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Animal Natural Flavours and Fragrances
9.6.2 Botanical nNatural Flavours and Fragrances
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food And Beverage
9.10.2 Pharmaceutical
9.10.3 Cosmetics
9.10.4 Home And Health Care
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Animal Natural Flavours and Fragrances
10.6.2 Botanical nNatural Flavours and Fragrances
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food And Beverage
10.10.2 Pharmaceutical
10.10.3 Cosmetics
10.10.4 Home And Health Care
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Animal Natural Flavours and Fragrances
11.6.2 Botanical nNatural Flavours and Fragrances
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food And Beverage
11.10.2 Pharmaceutical
11.10.3 Cosmetics
11.10.4 Home And Health Care
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Animal Natural Flavours and Fragrances
12.6.2 Botanical nNatural Flavours and Fragrances
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food And Beverage
12.10.2 Pharmaceutical
12.10.3 Cosmetics
12.10.4 Home And Health Care
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Animal Natural Flavours and Fragrances
13.6.2 Botanical nNatural Flavours and Fragrances
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food And Beverage
13.10.2 Pharmaceutical
13.10.3 Cosmetics
13.10.4 Home And Health Care
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passive Shock Absorber Market: Competitive Dashboard
14.2 Global Passive Shock Absorber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Givaudan
14.3.2 Sensient Technologies Corporation
14.3.3 International Flavors & Fragrances
14.3.4 Symrise
14.3.5 Kerry Group
14.3.6 Firmenich
14.3.7 Paris Fragrances
14.3.8 Takasago International Corporation
