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The synthetic dye market is expected to be valued at USD 7.2 billion in 2024. The market is expected to show promising growth from 2024 to 2034, registering a CAGR of 6.9%. By 2034, the market value is forecasted to hit USD 14.1 billion.

Textile remains a strong source of application for the synthetic dyes industry. Despite some setbacks, the textile sector’s use of synthetic dyes is increasing, especially in developing economies. Trends in the textile and apparel industry, such as digital printing and on-demand printing, are also contributing to the market’s growth.Get in Touch with Our Sales Team to Secure Your Copy of the Report Now!

Apart from the textile industry, the food and beverage sector remains a prominent end-user industry for the market. The coloring of food, while frowned upon in certain quarters, is thriving with the help of synthetic dyes. Coloring paper and plastic are other applications of synthetic dyes, keeping the demand diverse while the construction and cosmetics industries sustain the demand.

Many Western companies are leveraging manufacturing units in the developing world for faster production processes. The availability of cheap labor and raw materials is incentivizing this strategy for companies in the Western sphere.

“Synthetic dyes’ chemical nature results in mounting regulatory pressure on manufacturers. Synthetic dye producers are addressing these pressures by producing organic and eco-friendly synthetic dyes. Thus, sustainable production is recognized as the way forward for suppliers in the market,” says an analyst at FMI.

Key Takeaways from the Synthetic Dye Market

• The synthetic dye market is projected to be valued at US$ 7.2 billion in 2024.
• Acid dyes are the predominant type of dye in the market. They are expected to progress at a CAGR of 6.7% from 2024 to 2034.
• Textile and apparel are the predominant end-use industries in the market. During the forecast period, textile and apparel are predicted to progress at a CAGR of 6.5%.
• South Korea is one of the most promising countries for the market. During the forecast period, the CAGR for South Korea is estimated to be 9.0%.
• Japan is another Asian country with a bright future for the market. The CAGR for Japan over the forecast period is predicted to be 8.5%.
• The market is expected to register a CAGR of 7.2% in the United States during the forecast period.

Competition Analysis of the Synthetic Dye Market

Eastern and Western companies are reaching agreements with the aim of simplifying the manufacturing process. The market is highly competitive, with players of all sizes having the opportunity to thrive in the synthetic dye landscape. Some of the prominent companies in the market include Kronos Worldwide, Inc., Venator Materials PLC, The Chemours Company, and Organic Dyes and Pigments.

Recent Developments in the Synthetic Dye Market

• In March 2022, Archroma launched two new acid dyes that are metal and halogen-free.
• In May 2019, Lanxess AG expanded its production facility in Germany, focusing on the production of Macrolex dyes.

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Key Segments

By Type:

• Acid Dyes
• Basic Dyes
• Direct Dyes
• Disperse Dyes
• Pigment Dyes
• Reactive Dyes
• Others

By End-use Industry:

• Textile and apparel
• Pharmaceutical
• Packaging and Printing
• Cosmetics and Personal care
• Paint and Coatings
• Food and Beverage
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global saturated polyester resin market is anticipated to witness substantial growth, with an estimated size of USD 4.4 billion in 2024 and a projected Compound Annual Growth Rate (CAGR) of 6.10% over the forecast period. By 2034, it is expected to reach a market size of approximately USD 8 billion. This growth trajectory is indicative of increasing demand across various industries such as automotive, construction, and electronics, driven by the resin’s versatile properties and applications. Factors like rising infrastructure projects, technological advancements, and growing environmental concerns favoring sustainable materials are likely to further propel the market’s expansion in the coming years.

The demand for saturated polyester resins is increasing in the automotive, construction, and packaging industries due to their excellent mechanical properties and durability. The construction industry, particularly in emerging economies, is also driving the demand for high-performance coatings, adhesives, and sealants. Additionally, the expansion of the packaging industry, mainly in the food and beverage sector, is leading to increased usage of saturated polyester resins for flexible packaging applications.

Rising consumer awareness regarding sustainable and environmentally friendly products is also leading to the adoption of bio-based and recycled saturated polyester resins. Moreover, increasing investments in infrastructure projects, such as bridges, roads, and railways, in countries such as India, China, and the United States, are boosting the demand for corrosion-resistant coatings and composite materials.

The adoption of powdered coatings is growing in various end-use industries due to their superior performance, ease of application, and environmental advantages. Furthermore, the expansion of the electronics industry, particularly in the Asia Pacific, is also driving the demand for specialized coatings and encapsulation materials. Rapid industrialization and urbanization in developing countries are leading to increased demand for industrial coatings, composites, and laminates for infrastructure and manufacturing applications.

“In today’s competitive landscape, it is imperative for companies operating in the saturated polyester resin market to prioritize the development of eco-friendly products and manufacturing processes to meet increasing consumer and regulatory demands for sustainability,” says an Analyst at Future Market Insights, Inc.

Key Takeaways from the Market Study

• The coatings segment is expected to dominate the saturated polyester resin industry, recording a CAGR of 6.00%.
• Based on end-user segmentation, the automotive segment is poised to lead the saturated polyester resin industry, registering a CAGR of 5.70%.
• The saturated polyester resin industry in the United Kingdom is anticipated to grow at a modest CAGR of 7.20% through 2034.
• The saturated polyester resin market in China is estimated to rise at a CAGR of 6.80% through 2034.
• The saturated polyester resin industry in Japan has the potential to increase at a projected CAGR of 7.40% through 2034.
• The United States saturated polyester resin industry is predicted to rise with a CAGR of 6.20% through 2034.
• The saturated polyester resin industry in South Korea is likely to grow at a CAGR of 6.90% through 2034.

Competitive Landscape

The saturated polyester resin market is highly competitive, with numerous players catering to both international and domestic consumers.

These companies specialize in providing protective coatings, adhesives, and composite materials to automotive, aerospace, and manufacturing companies. All of these key market players are investing heavily in research and development to make their offerings more environmentally friendly, affordable, and lightweight, aiming to attract a wider consumer base.

Key Companies in the Saturated Polyester Resin Market

• Koninklijke DSM N.V.
• Allnex
• Arkema S.A.
• Hitachi Chemical Co. Ltd.
• Stepan Company
• Nuplex Industries Ltd.
• Evonik Industries AG
• Covestro AG
• Eternal Materials Co., Ltd.
• Dynea AS
• Hexion Inc.
• Polynt SpA
• Reichhold LLC
• Royal Adhesives & Sealants

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Saturated Polyester Resin Market by Segmentation

By Application:

• Coatings
• Adhesives
• Composites
• Others

By End-user:

• Automotive
• Aerospace
• Construction
• Packaging
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• Middle East and Africa (MEA)
• Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The polyimide film and tape market is poised to cross USD 2.3 billion in 2024 and is likely to attain a valuation of USD 5.2 billion by 2034. The polyimide film and tape market size is projected to thrive at a staggering CAGR of 8.4% from 2024 to 2034.

Polyimide films and tapes are at the vanguard of a revolution in healthcare brought about by the integration of materials research and biomedical engineering. Polyimide films enable advances in personalized medicine and cutting-edge medical solutions using biosensors, biocompatible electronics, and implanted medical devices. Businesses specializing in polyimide films and tapes are positioned to benefit from the rising demand for materials that support the production of innovative implantable and wearable medical devices, providing opportunities for revenue expansion as the healthcare industry encourages advanced biomedical technologies.

A thriving industry for smart fabrics is emerging from the convergence of electronics and textiles, with polyimide films essential to this development. Polyimide films and tapes, which provide flexibility, toughness, and electrical insulation, make it possible to create smart textiles, such as wearable technology and clothes that monitor health. Businesses that offer polyimide solutions are well-positioned to address the rising need for materials that connect electronics and fashion, enabling them to create cutting-edge goods that suit the changing tastes of tech-savvy customers in the rapidly expanding smart textiles sector.

Polyimide films and tapes are discovering applications in energy storage systems as protective layers and insulation due to the emphasis on renewable energy storage options, such as batteries and capacitors. The demand for polyimide films in the renewable energy storage industry is rising as businesses align with the worldwide movement towards sustainable energy practices and the growing relevance of energy storage technology. Companies may profit from the ever-increasing market for sustainable energy solutions and help shift the energy landscape towards one that is more environmentally sensitive by proactively positioning themselves as suppliers of materials for energy storage applications.

The polyimide film and tape market is dynamic, and strategic adaptability is critical. Technological leadership, customization skills, and a sustainability-focused approach are essential for success. Niche players prosper via specialization, while crucial giants like DuPont and Saint-Gobain continue to exert influence. In this quickly changing economy, partnerships, creativity, and adherence to regulations are essential for maintaining competitiveness.” Says a Lead Analyst at Future Market Insights (FMI).

Key Takeaways from the Polyimide Film and Tape Market Report

• The global polyimide film and tape market size expanded at an 11.1% CAGR through 2034.
• The flexible printed circuits segment is projected to rise at an 8.2% CAGR through 2034.
• The electronics segment is expected to develop at an 8.0% CAGR through 2034.
• The market size in the United States is projected to rise at an 8.7% CAGR through 2034.
• The market size in Japan is anticipated to develop at a 9.4% CAGR through 2034.
• The market size in the United Kingdom is estimated to surge at a 9.5% CAGR through 2034.
• The market size in South Korea is expected to increase at a 10.2% CAGR through 2034.

Key Players in the Polyimide Film and Tape Market

• DuPont
• Saint-Gobain
• UBE Industries
• Kaneka Corporation
• Toray Industries
• Taimide Tech Inc.
• Kolon Industries Inc.
• FLEXcon Company Inc.
• Arakawa Chemical Industries, Ltd.
• Shinmax Technology Ltd.
• Sumitomo Electric Industries, Ltd.

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Polyimide Film and Tape Market Segmentation

By Application:

• Flexible Printed Circuits
• Specialty Fabricated Products
• Pressure Sensitive Tapes
• Wires & Cables
• Others

By End-use Industry:

• Electronics
• Automotive
• Aerospace
• Labeling
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The encapsulant industry is anticipated to be valued at USD 4.1 billion by 2024. The market valuation is estimated to be USD 9.5 billion by 2034, projected at a CAGR of 8.7%. The encapsulant market is crucial for various industries, including electronics, automotive, and renewable energy. Encapsulants are materials used to protect and enhance the reliability of electronic components, solar photovoltaic (PV) modules, and other devices by providing insulation, moisture resistance, and mechanical support.

In the electronics industry, encapsulants protect sensitive electronic components from environmental factors such as moisture, dust, and mechanical stress. They are used in applications ranging from semiconductors and printed circuit boards to automotive electronics and consumer devices. Encapsulants ensure electronic products long-term reliability and performance, making them indispensable in modern technology.

In the renewable energy sector, encapsulants are primarily used in solar PV modules to encapsulate and protect solar cells from moisture, UV radiation, and mechanical damage. Encapsulants help prolong solar panels lifespan and maintain their efficiency over time. With the increasing adoption of solar energy as a clean and sustainable power source, the demand for encapsulants is rising.

The automotive industry also relies on encapsulants for various applications, including automotive electronics, sensors, and control units. Encapsulants protect against harsh operating conditions, vibration, and thermal cycling, ensuring the reliability and durability of automotive components.

The encapsulant market is driven by technological advancements, increasing demand for electronic devices and renewable energy solutions, and stringent regulatory requirements for product safety and environmental compliance. Manufacturers are focusing on developing innovative encapsulant materials with improved properties such as enhanced thermal conductivity, flame retardancy, and eco-friendliness to meet the evolving needs of different industries.

Key Takeaways from the Market Study

• Under curing type, the room temperature registered to expand at 8.6% CAGR by 2034.
• The United Kingdom is estimated to register at a CAGR of 9.7% by 2034.
• China experiences significant growth, projected at a CAGR of 9.4% by 2034.
• Based on the chemistry, the epoxy segment is anticipated to expand at 8.4% CAGR by 2034.

“The increasing demand for solar photovoltaic (PV) panels is one significant driver for the encapsulant market,” comments a Future Market Insights analyst.

Competitive Landscape

The encapsulant market companies compete on product quality, innovation, pricing, and global presence. There are numerous smaller players and regional manufacturers contributing to market diversity.

Strategic alliances, mergers, acquisitions, and investments in research and development are common strategies employed to gain a competitive edge in this dynamic market.

Some of the key developments are:

• On February 2023, H.B. Fuller participated in INDEX™23, a prominent nonwoven exhibition, unveiling its “Grow in the Now” vision for hygiene manufacturers. The company emphasized collaboration, innovation, and sustainability in its presentation, aiming to advance solutions for the hygiene and nonwoven industry.
• On January 2023, H.B. Fuller launched Swift®melt 1515-I, its inaugural bio-compatible product compliant in IMEA (India, Middle East, and Africa). Tailored for microporous medical tape applications, it addresses unique climatic challenges in the Indian sub-continent, such as high temperatures and humidity.

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More Valuable Insights Available

Future Market Insights offers an unbiased global encapsulant market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034

To understand market opportunities, the encapsulant market is segmented based on Curing Type (Room Temperature, UV, Heat Temperature), Chemistry (Epoxy, Urethane, Silicone), End-Use Industry (Consumer Electronics, Medical, Energy & Power, Transportation), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The India methylamine industry is poised for significant growth, with its market value expected to surge from USD 73.2 million in 2024 to USD 159.2 million by 2034. This impressive expansion reflects a robust CAGR of 8.0%, driven by increasing demand across various applications including pharmaceuticals, agrochemicals, and industrial processes. As industries continue to harness the diverse benefits of methylamine, the market’s upward trajectory underscores its rising importance in India’s chemical sector and its growing role in supporting technological and industrial advancements.

India’s growing agrochemical and pharmaceutical industries are principally responsible for driving methylamine demand. This is due to the growing usage of methylamine in the production of several pharmaceuticals and agrochemicals.

The demand for methylamine, an essential raw material used in manufacturing medicines and agrochemicals, is predicted to soar as India’s urbanization and industrialization continue to increase rapidly. This will likely foster the target industry’s growth.

Growing demand for generic pharmaceuticals, rising rates of chronic disease, and increasing healthcare spending are contributing to India’s pharmaceutical industry’s strong growth. This, in turn, is expected to fuel sales of methylamine products across India.

A wide range of pharmacological molecules, including intermediates and active pharmaceutical ingredients (APIs), are synthesized using methylamine. Thus, increasing the production of pharmaceuticals will likely create a need for methylamine in India during the next ten years.

India’s agrochemical industry continues to expand due to the nation’s increasing need to boost agricultural output to meet the expanding food demand. The synthesis of pesticides and herbicides, which are essential for shielding crops from weeds and pests, requires methylamine, thereby driving its demand.

The booming agricultural industry and the government’s efforts to encourage sustainable agricultural techniques are projected to drive up demand for methylamine over the forecast period. Similarly, widening applications of methylamine in fuel additives will support industry expansion.

The Indian methylamine industry will also gain from improvements in production technology and rising infrastructure investments. In addition, advantageous government initiatives to support homegrown manufacturing, together with the nation’s advantageous position and easy access to raw resources, might propel industry expansion even further.

On the other hand, obstacles, including legal compliance, raw material price fluctuations, and environmental concerns, can prevent the business from growing. Overall, the Indian methylamine industry is expected to increase significantly over the next several years, reaching a worth of US$ 159.2 million by 2034

Key Takeaways from the Report

• The India methylamine industry is projected to thrive at 0% CAGR through 2034.
• By product type, the dimethylamine segment is expected to total US$ 83.5 million by 2034.
• By end-use, the pharmaceuticals segment is set to hold a value share of 8% in 2024.
• West India is expected to account for a significant share of about 8% in 2034.
• Gujarat’s industry value is anticipated to reach US$ 35.3 million by 2034.
• Total revenue in Maharashtra is projected to reach US$ 22.1 million by 2034.

“India’s methylamine industry is set to witness healthy growth due to expanding industrial sectors. To meet this demand, key players are focusing on enhancing their production capacities as well as forming partnerships and alliances with end-users.” — says an analyst at FMI.

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Who is Winning?

Balaji Amines Ltd, Alkyl Amines Chemicals Limited, Rashtriya Chemicals, and Fertilizers Limited are the leading manufacturers of methylamine profiled in the full version of the report. These key players are focusing on increasing their production capacities to meet growing end-user demand. They are also looking to establish new manufacturing plants and adopt sustainable production practices to stay ahead of the competition.

Recent Development-

• In February 2023, India’s Balaji Amines announced it would start operations at the 40,000-ton-per-year methyl amine plant by March 2024.

India Methylamine Industry Segmentation

By Product Type:

• Monomethylamine
• Dimethylamine
• Trimethylamine

By Application:

• Agrochemicals (Herbicides)
• Dye and Pigments
• Photographic Chemicals
• Pharmaceuticals

By Region:

• North India
• East India
• West India
• South India

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to Future Market Insights (FMI), the global bromine flame retardant (BFR) market value is predicted to increase from USD 2,399.5 million in 2024 to USD 4,264.0 million by 2034. Over the forecast period, global demand for bromine flame retardant (BFR) is projected to surge at a CAGR of 5.9%.

Increasing awareness and stringent regulations regarding fire safety is expected to propel demand for bromine flame-retardant materials. Technological advancements lead to developing more efficient and environmentally friendly flame retardants, driving the BFR market growth.

The booming construction, automotive, and electronics industries are further contributing to the market expansion. The bromine flame retardant market finds extensive utilization across various end-use industries, including electronics, construction, automotive, textiles, and aerospace.

Regulatory requirements and the need for enhanced fire safety measures in several sectors drive widespread adoption of bromine flame retardant materials. The increasing focus on sustainability and environmental protection further drives the demand for eco-friendly flame retardant solutions, particularly in construction and textiles.

Looking at the global outlook, the bromine flame retardant market is witnessing a balanced equilibrium between supply and demand. While demand continues to rise steadily due to increasing safety regulations and industrial growth, the market benefits from a stable supply of raw materials and efficient production processes.

Key Takeaways from the Report

• The global bromine flame retardant (BFR) market is projected to thrive at 5.9% CAGR through 2034.
• By type, the tetrabromobisphenol A (TBBPA) segment is expected to surge at a CAGR of 5.1% by 2034.
• By application, the building & construction segment is set to hold a market share of 36.5% in 2024.
• North America is expected to account for a significant share of around 23.8% in 2023.
• India is anticipated to grow at a CAGR of 6.3% by 2034.

“Initiatives for green buildings that put sustainability and energy efficiency first are being promoted in several areas. Environmentally friendly flame retardants are in demand as a result of these activities, which frequently include fire safety criteria. In response to this demand, BFR producers are creating environmentally friendly solutions. The desire for safer and less toxic alternatives are surging as a result of growing public awareness of the possible health hazards linked to some BFRs.” – says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

The global bromine flame retardant (BFR) market is fragmented, with leading players accounting for 35% to 40% of the share. Albemarle Corporation, Akzo Nobel N.V., ICL, Lanxess, BASF SE, Clariant, and ISU Chemical are the leading manufacturers and suppliers of bromine flame retardant (BFR) listed in the report.

Key bromine flame retardant (BFR) companies invest in continuous research to produce new products and increase their capacity to meet end-user demand. They are also inclined toward adopting strategies to strengthen their footprint, including acquisitions, partnerships, mergers, and facility expansions.

For instance,

• In 2022, Canada-based FRX Innovations announced that Nofia-branded flame retardants received the SAFER accreditation from ChemFORWARD.
• In 2022, BASF SE launched a novel type of thermoplastic Polyurethane termed as ‘Elastollan R 2600 FHF’ from its Elastollan product line.

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More Insights into the Bromine Flame Retardant (BFR) Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global bromine flame retardant (BFR) market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034.

To understand the global market potential, growth, and scope, the market is segmented based on type (Tetrabromobisphenol A [TBBPA], Hexabromocyclododecane [HBCD], Polybrominated Diphenyl Ethers [PBDEs], Decabromodiphenyl Ethane [DBDPE], Brominated Polystyrene [BPS], Others) application (electrical and electronics, building & construction, textile & furniture, automotive, aerospace & defense, plastic & polymer, others) and region.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The composite door and window market is expected to reach a valuation of USD 0.83 billion by 2024 and is projected to grow significantly to USD 1.7 billion by 2034, reflecting a robust CAGR of 7.4% over the forecast period. This growth is driven by increasing demand for durable, energy-efficient, and low-maintenance building materials across both residential and commercial sectors. Composite doors and windows, known for their strength, weather resistance, and enhanced insulation properties, are becoming popular as sustainable construction practices gain traction worldwide. Advancements in material technology and design flexibility are further fueling market expansion.

The increasing demand for energy-efficient building materials is one of the primary drivers. Composite doors and windows offer superior thermal insulation properties, helping to reduce heat loss and energy consumption in residential and commercial buildings.

As energy efficiency regulations become more stringent worldwide, a growing preference for composite materials can contribute to sustainable construction practices and lower utility costs for building owners.

Composite materials provide excellent durability and resist weathering, corrosion, and rotting, making them ideal for exterior applications such as doors and windows. Homeowners and architects appreciate the low maintenance requirements of composite doors and windows, which typically require minimal upkeep compared to traditional materials.

Advancements in manufacturing technologies have enabled the production of composite doors and windows with improved strength, structural integrity, and design flexibility. Companies invest in research and development to develop innovative composite formulations and production processes that optimize performance while reducing costs and environmental impact.

The composite door and window market is also driven by urbanization, population growth, and new residential and commercial building construction. As urban areas expand and modernize, there is a growing demand for high-quality building materials that offer longevity, security, and aesthetic appeal.

Key Takeaways from the Market Study

• Under type, the polyester segment is registered to expand at 7% CAGR by 2034.
• The United Kingdom is estimated to register at a CAGR of 8% by 2034.
• China experiences significant growth, projected at a CAGR of 8.2% by 2034.
• Based on the product, the fibre-reinforced plastics segment is anticipated to expand at 7.2% CAGR by 2034.

“The increasing focus on energy efficiency and sustainability in the construction industry is one significant driver of the composite door and window market,” Says an Analyst at Future Market Insights (FMI).

Competitive Landscape

The competitive landscape of the composite door and window market is characterized by a mix of global manufacturers and regional players. These companies compete based on product quality, design innovation, pricing strategies, and geographical presence, leveraging strategic partnerships and mergers to gain market share and meet evolving consumer preferences.Top of Form

Some of the key developments are

• In February 2019, NCL VEKA, a joint venture between NCL Group and German UPVC profile producer VEKA AG, inaugurated the country’s largest UPVC profile extrusion plant in Hyderabad. This significant investment underscores their commitment to meeting the growing demand for UPVC profiles in India’s construction sector.
• In January 2019, REHAU announced plans to establish 56 retail centers across India by 2020. This expansion initiative aimed to strengthen REHAU’s presence in the Indian market and cater to the increasing demand for premium UPVC products among residential and commercial customers.

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Top Key Players

• Andersen Corporation
• Chem-Pruf
• Fiberline Building Profiles
• Pella Corporation
• Hardy Smith Designs Private Limited
• FiberTech Composite Pvt. Ltd.
• Nationwide Windows
• Vello Nordic AS
• Special-Lite
• Just Doors UK Ltd

More Valuable Insights Available

Future Market Insights offers an unbiased global composite door and window market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034

To understand market opportunities, the composite door and window market is segmented based on product (fibre-reinforced plastics, wood-plastic composites), type (polyester, PVC, and wood), application (industrial, commercial, and residential), and region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East and Africa).

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The corrosion under insulation (CUI) and spray-on insulation (SOI) coating market size is expected to experience substantial growth over the next decade, with a projected valuation of USD 2.1 billion by 2024. This market is anticipated to expand significantly, reaching an estimated USD 3.6 billion by 2034, driven by increasing industrial applications and advancements in insulation technologies. The growth reflects a robust compound annual growth rate (CAGR) of 5.3%, highlighting the rising demand for effective corrosion protection and thermal insulation solutions in various sectors.

The market is witnessing significant growth driven by various factors. Industries across sectors such as oil and gas, petrochemicals, power generation, marine, and construction are increasingly recognizing the critical importance of corrosion protection and insulation for ensuring the longevity, safety, and efficiency of their assets.

Stringent regulatory requirements and industry standards pertaining to environmental protection, worker safety, and asset integrity are compelling companies to invest in high-performance coatings. These coatings provide effective corrosion protection and offer thermal insulation properties, which are essential for maintaining operational efficiency and reducing energy consumption.

The adoption of preventive maintenance strategies by industries is fueling the demand for CUI and SOI coatings. Preventive maintenance helps minimize the risk of corrosion-related asset failures, reducing downtime, maintenance costs, and potential safety hazards.

Technological advancements in coating formulations and application techniques are also driving market growth. Companies continuously innovate to develop coatings that offer superior corrosion resistance, adhesion, durability, and ease of application. A growing focus is on developing eco-friendly and sustainable coating solutions that comply with regulatory standards while delivering optimal performance.

The market is witnessing increased investment in research and development activities to address evolving industry needs and challenges. Collaborations between industry players, research institutions, and academia are leading to developing cutting-edge coating technologies that meet the stringent requirements of modern industrial applications.

Key Takeaways from the Market Study

• Under type, the epoxy segment is registered to expand at 5.1% CAGR by 2034.
• The United Kingdom is estimated to register at a CAGR of 6.5% by 2034.
• China experiences significant growth, projected at a CAGR of 5.9% by 2034.
• Based on the end-user, the marine segment is anticipated to expand at 4.8% CAGR by 2034.

Competitive Landscape

The competitive landscape of the corrosion under insulation (CUI) and spray-on insulation (SOI) coating market is characterized by a mix of global and regional players.

The companies compete based on product innovation, quality, pricing, and geographical presence, leveraging strategic collaborations and mergers to strengthen their market position and meet evolving industry demands.

Some of the key developments are:

• In June 2020, BASF, a German chemical manufacturer renowned for coatings, initiated a partnership with GACNE. This collaboration aimed to enhance GACNE’s paint shop operations and decision-making processes, potentially improving efficiency and product quality.
• In February 2020, PPG Industries Inc. joined forces with Dow as part of its Sustainable Future Program. The collaboration, facilitated by an undisclosed investment, focused on accelerating the development of low-carbon technologies, aligning with sustainability goals and industry demands for eco-friendly solutions.

Leading Players in the Global Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market

• Akzo Nobel N.V.
• PPG Industries Inc.
• Jotun A/S
• The Sherwin-Williams Company
• Hempel A/S
• Kansai Paint Co., Ltd
• Nippon Paint Co., Ltd.
• RPM International Inc.
• Tnemec Company Inc.
• SPI Performance Coatings

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Epoxy Segment to Dominate the Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market

The epoxy segment is projected to maintain a significant share in the Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market, with a forecasted CAGR of 5.1% through 2034. Epoxy coatings are highly sought after due to their exceptional adhesion, chemical resistance, and durability, making them ideal for a range of industries including oil and gas, marine, automotive, and infrastructure.

The growing preference for epoxy coatings stems from their superior performance in delivering effective corrosion protection and insulation, especially in harsh and challenging environments. Additionally, advancements in epoxy formulations, such as the development of low-VOC and environmentally-friendly options, are expected to further fuel the growth of this segment, reinforcing its dominance in the market.

More Valuable Insights Available

Future Market Insights offers an unbiased global corrosion under insulation (CUI) and spray-on insulation (SOI) coating market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034

To understand market opportunities, the corrosion under insulation (CUI) and spray-on insulation (SOI) coating market is segmented based on Type (Epoxy, Acrylic, Silicone, Others), End User Industries (Marine, Oil & gas, and petrochemical, Energy & Power, Others), and Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube