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Choline chloride, also known as Hepacholine, Biocolina, and Lipotril is a quarternary ammonium salt that contains choline cation and chloride anion. In laboratory, it is prepared by methylation of methyl Chloride with dimethylethanolamine. Choline Chloride is white or deliquescent crystalline solid in its appearance.

Choline Chloride finds wide applications in Food, Beverage, Pharmaceutical, Health & Personal care products, Agriculture/Animal Feed/Poultry industry. It falls in one of the B categories of vitamins and therefore used as a dietary supplement or as a nutrient.

Animal feed is one of the most prominent application segment for choline chloride as it is used as a building block of acetylcholine, lecithin (phosphatidylcholine) and ceramides which helps in overall development of animals. It helps accelerate the growth of animals such as chicken, swine, rabbit and others. Furthermore, it helps in inhibition of perosis and liver enlargement in animals.

Apart from animal feed, choline chloride is an essential nutrient for human consumption as it helps to combat apoptosis, high cholesterol, lever diseases etc.

Choline Chloride also finds application in oil & gas industry where it is used in stabilization of clay during drilling and stimulation of shale. Therefore, Choline Chloride finds large amount of applications in animal feed industry which is expected to stimulate the growth of Choline Chloride Market over the forecast period.

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Choline Chloride Market: Dynamics

Natural feedstuffs contain varied amount of choline due to which manufacturers add the chemical to their animal feed. It is added as a solution of certain grade to feedstock to enhance the nutrient supply in animals. From the recent past, it has been observed that feed additives market has been experiencing significant growth owing to factors such as demand for high quality poultry and chicken food products.

Also, usage of choline chloride in pharmaceutical industry is anticipated to spur the growth of choline chloride over the forecast period. Furthermore, ever increasing demand for food is expected to fuel the demand for choline chloride market. Rising life standard has directly led to increase in demand for meat products is also an important factor which is expected to fuel the demand of choline chloride over the forecast period.

However, owing to hazardous effects related to human health such as vomiting, diarrhea, gastro intestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end use applications. Furthermore, fluctuation in raw material costs is another key factor which is expected to act as an impediment for the growth of choline chloride market over the forecast period.

Growing usage of Choline Chloride in oil & gas industry as a clay stabilizer is expected to create high growth avenues. Also, increasing investments in R&D to reduce toxic effects of Choline Chloride is one of the ongoing key trend in the Choline Chloride market.

Choline Chloride Market: Segmentation

The global Choline Chloride market can be segmented on the basis of feed grade and application. On the basis of feed grade, the choline chloride market can be segmented as 90% and above choline chloride, 75% choline chloride, 70% choline chloride, 60% choline chloride and 50% of choline chloride feed grade. On the basis of Application, choline chloride market can be segmented as poultry feed, swine feed, aqua feed, ruminant feed, human nutrition, oil & gas and others.

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Choline Chloride Market: Regional Outlook

Asia Pacific region is estimated to dominate the choline chloride markets over the forecast period. Factors such as significant rise in the animal feed industry along with macroeconomic factors such as rise in disposable income is a significant factor for the growth of choline chloride market.

Furthermore, increasing demand for food owing to high population growth is expected to high growth over the forecast period. North America and Europe are anticipated to witness steady growth over the forecast period owing to high demand from processed meat and poultry industry. Increasing usage of choline chloride in oil & gas industry and poultry industry has created enormous scope of growth in Middle East and Latin America.

Choline Chloride Market: Key Participants

Examples of some of the market participants in the global Choline Chloride market are-

• Balchem Inc.
• SDA Products
• Algry Chemistry
• BASF SE
• Eastman Chemical Company
• Jubilant Life Sciences Ltd.
• BALAJI AMINES
• Pestell Minerals & Ingredients Inc
• Kemin Industries, Inc.
• NB GROUP CO., LTD,

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/choline-chloride-market
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Sodium borohydride is an effective and a selective specialty reducing agent used in the manufacture of pharmaceuticals. Sodium borohydride is used for reduction of metal ions, carbonyls and peroxides as well as purification and removal of oxidation, odor and color of precursors in organic chemical products.

Sodium borohydride is also used to control pollution and recycle noble metals. Sodium borohydride is a less expensive metal hydride and is an efficient and cost-effective reducing agent. Sodium borohydride finds wide area of applications in the synthesis of many intermediates used in manufacture of medicines and fine chemical products, pharmaceuticals, the recovery & preparation of catalysts, precious heavy metals & rare earth metals among others. Sodium borohydride is used as a reducing agent when reacting with ketone chlorine, aldehyde and ketone

Global Sodium borohydride Market: Dynamics

Rapidly growing research and development activities related to medicine and the prosperous paper and pulp industry have increased the need of reducing agents for various end-use applications in many regions across the globe.

The research and development activities for sodium borohydride is increasing owing to the growing pulp and paper industry. This in turn is expected to create a positive impact for the sodium borohydride market in the coming years as the product has wide application in organic chemical purification, which in turn is expected to drive the sodium borohydride market globally.

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This increase in the demand from different applications in various end-use industries acts as a driving factor for the global carbon nitride market.

The paper and pulp industry is expected to be propelled by the rising demand for the packaging products and the increase in research and development activities in the pharmaceutical industry for inventing new medical drugs and the use of sodium borohydride as a hydrogen carrier in fuel cell is expected to offer major opportunities for the sodium borohydride market across the globe.

It is a well-known fact that the safety regulations regarding handling of chemicals if not followed may risk human health. In regards to this, for the handling of the chemicals the manufacturers prefer to opt for safe alternatives. The sodium borohydride market is likely to expect hurdles owing to the growing awareness towards the high cost of sodium borohydride and its side effect on human health which might act as a barrier for the global sodium borohydride market.

The rapid shift towards recycling of materials and renewable energy applications are some of the factors driving the use of sodium borohydride in a wide area of applications. Sustainability is the trend for the global sodium borohydride market.

The trend towards investments for research and development activities towards clean energy production and conversion technologies is expected to continue during the forecast period thereby, creating opportunities for the sodium borohydride materials market owing to its use for improved efficiency in alternative energy fuel cells.

Global Sodium borohydride Market: Region-wise Outlook

By region, the sodium borohydride market is segmented into the Middle East & Africa, North America, Europe, Asia-Pacific and, Latin America regions. The flourishing pulp and paper industry in North America is expected to boost the demand of sodium borohydride market. Asia-Pacific is expected to be a significant market for the growth of sodium borohydride owing to the growing industrial activities and research & development for alternative energies.

North America and Europe hold a substantial share of the sodium borohydride market owing to the rapidly growing pharmaceuticals and chemicals industries. The Middle East & Africa market for sodium borohydride is also expected to increase slowly owing to improving economic conditions in these regions.

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Global Sodium borohydride Market: Key Players

Examples of some of the key players identified across the value chain of the Global Sodium Borohydride market are: Zhangjiagang City Jinyuan Biochemical Co., Ltd, Jiangsu Huachang Group Co., Ltd, Shandong Guobang Pharmaceutical Co., Ltd, JSC Aviabor, Vertellus Holdings LLC, The Dow Chemical Company, Nantong Hongzhi Chemical Co., Ltd, Montgomery Chemicals, Kemira.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Sodium borohydride Market: Segmentation

By product form, the global sodium borohydride market can be segmented into:

• Powder-based sodium borohydride
• Granular-based sodium borohydride
• Caplets-based sodium borohydride
• Aqueous solution
• Organic solution

By end use, the global sodium borohydride market can be segmented into:

• Pulp and paper
• Metal recovery
• Organic chemical purification
• Pharmaceuticals & agro-chemicals
• Textiles
• Others

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Packaging industry has been increasing the use of biodegradable polymers as they help in eliminating the harmful effects that are caused by extreme human involvement in each field.

Many companies in biodegradable packaging industry are taking immense efforts in reducing wastage and utilizing appropriate solutions for countering to the environmental impacts. P&G and Unilever have shifted towards natural packaging solutions, thereby reducing ecological footprint by approximately 50%.

Polylactic Acid to Dive in Significant Revenue Growth Opportunities for Biodegradable Polymers Market

Emergence of bio-based raw ingredients such as derivatives of biomass and crop vegetables is expected to be majorly responsible for boosting biodegradable polymers market. Bioplastics has been witnessing rising demand from retail goods and packaging sector as it helps in retaining the freshness of products with surging application in food packaging industry, thereby driving biodegradable polymers market.

Polylactic acid biodegradable polymers is expected to gain traction in the biodegradable polymers market with increasing usage in packaging industry and agriculture, textile and medical industries. In addition, medical applications are expected to have significant usage compared to others, with increasing need for safety decomposition of materials. Wide-ranging applications in biomedical sectors for the purpose of artificial organs, syringes, catheters and blood bags have been fostering the demand for biodegradable polymers. Some recent trends in biodegradable polymers market are inclusive of

• University of Connecticut Engineers lately created an implantable sensor, which is made from PLLA (poly (L-lactide), a biodegradable polymer that is medically-safe and can measure every minor changes in the pressure, within organs.
• BBCA Group recently signed a contract with Glactic Company based on Polylactic acid cooperation project, which is expected to cater to annual production volume of nearly 100,000 metric ton.

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Stringent Regulations in Europe to Pose Beneficial Revenue Growth Opportunities for Biodegradable Polymers Market 

Increasing crude oil prices and growing awareness regarding usage of renewable polymers is expected to drive Europe biodegradable polymers market and North America biodegradable polymers market. Stringent regulations in Europe with regards to packaging waste directives along with recovery as well as recycling targets, plastic bag bans, collection and waste disposal laws aiming at avoiding landfill boosts the growth of biodegradable polymers market in the region.

Reduced polymer manufacturing and stringent government regulations has paved way for China to play a significant role in driving the revenue growth of China biodegradable polymers market. China’s chemicals legislation dictates polymers out of the inventory would be considered as a newly discovered chemical substance and will be notified to CRC (Chemical Registration Centre) for importing it.

Competitive Landscape Analysis: Global Biodegradable Polymers Market 

Novamont: The biodegradable polymers company has taken initiative in eliminating plastic pollution by being a part of New Plastics Economy. This initiative helps in creating sustainable plastic economy, thereby redefining limitations of the plastic materials for the purpose of packaging. This in turn creates lucrative opportunities for biodegradable polymers market in the long run.

Plantic: The biodegradable polymers company has been taking immense efforts in expanding its global presence with product releases that can be supremely beneficial for the customers. The company has introduces meat packaging that is completely made up of renewable and recyclable material, turning out to be the first in taking such a dynamic initiative across Australia. This major step has been taken up by Coles Plantic as it would help them in stimulating their global footprint by turning out to be a completely sustainable products manufacturer in the long run, thereby benefitting biodegradable polymers market.

Cortec Group: The biodegradable polymers company is planning to expand its product portfolio by partnering with recapitalized Window Nation, Inc. In addition, the partnership has also been done for maximizing the energy efficiency of windows. Expertise of both the companies is expected to provide beneficial opportunities for biodegradable polymers market.

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Biodegradable polymers market research report offers detailed analysis of the global market and consists of historical and forecast data with industry-validated and statistically supported market data. Projections are done on the basis of suitable methodologies and set of predictions.

Biodegradable Polymers Market Research Report Covers

• Value chain
• Technological developments
• Company landscape
• DROTs
• Demand and supply
• Market sizing
• Segmentation analysis

Regional Landscape in Biodegradable Polymers Market Is Based On

• North America biodegradable polymers market including (Canada and US)
• Latin America biodegradable polymers market including (Brazil and Mexico)
• Eastern Europe biodegradable polymers market including (Russia and Poland)
• Western Europe biodegradable polymers market including (Spain, UK, France, Italy and Germany)
• Asia Pacific biodegradable polymers market including (New Zealand, Australia, ASEAN, India and China)
• Japan biodegradable polymers market
• Middle East and Africa biodegradable polymers market includes (Northern Africa, Southern Africa and GCC countries)

Biodegradable polymers market report compiles quantitative and qualitative study by industry analysts as well as inputs form market participants. Biodegradable polymers market report offers detailed study of parent market governing factors and macro-economic indicators based on market segments. Furthermore, biodegradable polymers market report maps qualitative impacts of several market factors on the regions and segments.

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Biodegradable Polymers Market

Classification of Biodegradable Polymers Market – By Application and Product Type

Based on application, biodegradable polymers market can be segmented into

• Food Packaging
• Compost Bags
• Agriculture & Horticulture
• Foam Packaging
• Others

Based on product type, biodegradable polymers market can be segmented into

• Starch Based Polymers
• Polylactic Acid
• Others

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/biodegradable-polymers-market
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A new Future Market Insights (FMI) study suggests that the global antimicrobial car care market is set to expand at a robust CAGR of 7.3% during the forecast period of 2022-2030. Rising prevalence of antimicrobial and antiviral cleaning solutions coupled with adoption of advanced technologies in car care products are projected to shape the growth of antimicrobial car care products market.

Attribute	Details
Antimicrobial Car Care Products Market Estimated Size in 2022	US $ 194.0 Mn
Antimicrobial Car Care Products Market Projected Size in 2030	US $ 341.8 Mn
Antimicrobial Car Care Products Market Historical CAGR (2015-2021)	5.8%
Antimicrobial Car Care products Market Value-Based CAGR (2022-2030)	7.3%

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Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Success Factors

4. Global Antimicrobial Car Care Products Market – Demand Analysis 2015-2021 and Forecast, 2022-2030Historical Market Volume (KL) Analysis, 2015-2021

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/antimicrobial-car-care-products-market
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According to a report by the National Marine Manufacturers Association, around 4,800 new sailboats were sold across the U.S. alone in 2019. This rise in sales of marine vehicles is expected to propel the demand for all its components including sailcloth in the coming years. A swift increase in marine automotive vehicles such as yachts, sailboats, and others is witnessed owing to the ongoing trend of luxury traveling and recreational activities.

As per a detailed survey conducted by FMI, the global sailcloth market size totaled US$ 400 Mn in 2020. Versatility of sailcloth and consequent applications in manufacturing rucksacks, backpacks, and others is propelling the demand in the market. In response to this, the sailcloth market is projected to surpass US$ 500 Mn in the next five years.

Increasing number of water sports events such as sailboat championships, sailing shows, and yachts racings organized in counties such as Brazil, the U.S., Australia, UAE, China, and Italy among others is propelling the demand for sailcloth. In addition to this, growing popularity of sailcloth for making tents and decorative hangings used in various events, owing to its ability to create a beautiful ambiance, is expected to create lucrative sales opportunities in the market.

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On the basis of applications, the cruising sails segment is anticipated to outpace the racing sail segment, accounting for the more than half of the sales in the market. The primary factor driving the growth in the segment is the increasing demand for cruising sailboats and surging applications of sailcloth in cruising sailboats.

“Leading manufacturers are emphasizing on adopting novel blending technologies to develop smart materials with impressive strength-to-weight ratio and heat resistance that cater to the increasing demand for high durability fabric. This is expected to favor the growth in the market,” says a FMI analyst.

Key Takeaways from Sailcloth Market Study

• The U.S. is projected to account for the largest share in the North America market.
• Italy, being one of the leading manufacturers and exporters of marine automotive vehicles, is anticipated to account for a considerable share in the Europe sailcloth market.
• China sailcloth market is forecast to register the fastest growth in East Asia owing to the rising number of recreational sports activities and spurring sales of luxury sail yachts.
• The UAE market is estimated to account for a significant share in the Middle East and Africa, favored by the increasing trend of luxury cruising in the country.
• The nylon sailcloth segment is expected to continue dominating the market, driven by its high flexibility and tensile strength compared to sailcloth.

Key Drivers

• Increasing demand high performance and advanced synthetic fabrics made using a combination of Kevlar, Dyneema, and nylon to provide high durability and tensile strength is expected to spur the sales of sailcloth.
• Government initiatives undertaken to promote tourism and recreational activities in counties such as the U.S., Japan, Brazil, and Australia is increasing the sales of sailboats.

Key Restraints

• High cost of sailcloth compared to conventional fabrics is restricting its sales for use in making tents and backpacks.
• Poor biodegradability of sailcloth and high emission of toxic substances are primary factors posing a challenge for the growth in the market.

Competitive Landscape

Companies in the global sailcloth market are seeking to leverage their expertise to launch novel products for competitive edge over other players. For instance,

• In March 2019, Contender Sailcloth a leading sailmaker and supplier based in Australia, announced launching a new range of material named, Fibercon, a hybrid marine fabric with high resistance to wear and tear.
• In February 2016, Bainbridge International, one of the leading sailcloth manufacturers in the world, announced updated its existing sailcloth range by introducing a woven sailcloth named HSX. The product launch was aimed to expand the company’s product portfolio to meet the growing global demand for sailcloth.

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Some of the key players operating in the market profiled by FMI are:

• DIMENSION-POLYANT GmbH
• Bainbridge International Limited
• Challenge Sailcloth, Inc.
• Contender U.S.
• Doyle Sailmakers
• British Millerain
• Aztec Tents
• IYU Ltd
• North Sails & North Technology Group
• Quantum Sails

More Valuable Insights on Sailcloth Market

FMI, in its new report, provides a detailed analysis of the global sailcloth market and also forecast the demand-sales statistics for the assessment period 2021 and 2031. The survey reveals growth projections in sailcloth market with detailed segmentation:

Type

• Laminate Sailcloth
• Nylon Sailcloth
• Polyester Sailcloth

Application

• Cruising Sails
• Racing Sails

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• MEA
• Oceania

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. FMI Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/sailcloth-market
For Sales Enquiries: sales@futuremarketinsights.com
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Direct reduced iron (DRI) has recently emerged as a quality supplement, in place of scrap steel, among steel making companies. Increasing steel production capacities, heightened awareness about CO₂ emission control among steel producers, and accelerating demand for high-quality steel from end users continue to drive Direct reduced iron (DRI) consumption in global market.

According to a recent report published by Future Market Insights (FMI), the global Direct reduced iron (DRI) market is projected to reach revenues worth US$ 17 Bn by 2030 end, with growth projected at an impressive CAGR between 2020 and 2030.

Direct Reduced Iron Market Value (2021A)	US$ 8,249.0 Mn
Direct Reduced Iron Market Estimation (2022E)	US$ 8,908.3 Mn
Direct Reduced Iron Market Forecast (2030F)	US$ 16,789.0 Mn
Value CAGR (2022-2030)	8.2%
Collective Value Share: Top 3 Countries (2022E)	42.4%

Nationwide closures have disrupted the international flow of labor across the agricultural sector. All these factors are having a detrimental impact on the growth of the potassium chloride market. Manufacturers of potassium chloride are significantly dependent on the agriculture sector; around 9 out of 10 stakeholders invest in the agriculture industry. The impact of coronavirus (COVID-19) on the agriculture sector is complex and varied across different segments of the supply chains. This impact will echo across larger economies, and will persist in the coming months.

According to a latest report by FMI, the global potassium chloride market is expected to reach a valuation of US$ 16.5 Bn by 2030.

Attribute	Details
Potassium Chloride Market Estimated Size 2022	US$ 12.5 Bn
Potassium Chloride Market Value-based CAGR (2022-2030)	~ 3.6%
Potassium Chloride Market Size in Projected 2030	US$ 16.5 Bn

Potassium chloride is used in various applications such as fertilizers in agriculture, deicing, water softening, and industrial applications. It is an important source of potassium nutrient in plants and animals. Increasing food demand in tandem with the rising population is expected to drive the potassium chloride market. The need for better yield per unit area of cultivation land, owing to the shrinking size of cultivable land, is further anticipated to fuel the growth of the market, globally.

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Key Takeaways of Potassium Chloride Market Study

• Growth of potassium chloride market is attributed to growth in the agriculture industry, as it is a primary consumer of potassium chloride. Further, development in new compositions of potassium fertilizers is projected to offer white spaces.
• Asia Pacific (APAC) holds leading share in the global potassium chloride market, and would maintain its hegemony through 2030, driven by China’s flourishing agricultural and industrial sectors.
• Chemical / industrial grade potassium chloride would gain traction in the coming years, backed by increasing demand from food and pharmaceutical industries.
• Granular and coarse fertilizers hold over 3/4 of total agricultural grade potassium chloride revenue. They are prevalent in formulated fertilizers such as bulk blended mixtures.

Potassium Chloride Market Landscape: Fairly Fragmented

The global potassium chloride market is fairly consolidated, owing to a small number of players holding large shares in the market. Top ten players account for over 95% of total revenue. Manufacturers in the potassium chloride market space are focusing on collaborations and mergers & acquisitions. Key players such as Nutrien Ltd., The Mosiac Company, K+S Kali GmbH, Israel Chemicals Ltd., Intrepid Potash, Inc., Uralkali, JSC Belaruskali, EuroChem, Arab Potash Company, and SQM S.A. are focusing on penetrating into local markets.

How is Precision Farming Affecting the Potassium Chloride Market?

The surging usage of organic potassium chloride by agro-producers and farmers backed by the rising adoption of latest technologies and the emergence of precision agriculture is expected to boost the market in the assessment period.

Various government initiatives adopted to encourage farmers to utilize innovative agricultural techniques and increasing labor cost because of the shortage of skilled labor are a couple of significant factors that are set to fuel the adoption of precision farming worldwide. The rising strain on the global food supply and the increasing farm mechanization in emerging economies are also estimated to augment the market.

What Does the Future Hold?

The global potassium chloride market is expected to grow at a steady rate over the forecast period on account of the increasing demand for potassium fertilizers. Moreover, increasing use of potassium chloride in food & pharmaceuticals is expected to fuel the growth of the market. Adoption rate in water softeners and industrial applications would be greater as compared to other application areas.

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Potassium Chloride Market by Category

By Grade:

• Agricultural Grade
• Chemical / Industrial Grade

By Application:

• Agriculture
• Deicers
• Water Softeners
• Industrial
• Others

By Crop:

• Cereals
• Oilseeds
• Fiber / Sugar and R&T
• Fruits & Vegetables
• Others (Grass & Residuals)

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Trends & Success Factor

3.1. Key Trends Impacting the market

3.2. Success Factor

4. Global Potassium Chloride Market Demand Analysis 2015 – 2021 and Forecast, 2022 – 2030

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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The global Precast Concrete Market will grow at 5.4% CAGR during the forecast period (2020-2030), as projected by a new Future Market Insights (FMI) study. Surge in offsite construction activities to reduce material wastage and achieve cost efficiency continues to primarily drive the demand for precast concrete.

Infrastructure development in emerging countries such as India, Indonesia, China, and Brazil provides a strong impetus to the demand for precast concrete. There is a global shift among building & construction methods as precast concrete manufacturers innovate production techniques.

The reusability of molds, when coupled with advancements in material science, forms a profitable basis for market players to garner customers. Increasing preference for precast concrete products on the back of superior quality, enhanced structural integrity, and cost efficiency continues to drive gainful opportunities for market players. Major organizations are innovating advanced concrete materials to differentiate their product offerings and capture a larger market share.

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Key Takeaways of Precast Concrete Market

• The precast concrete market will grow 1.5X during the projection period.
• Structural and architectural building components collectively account for over 69% of the total market value.
• Architectural building components exhibit a strong growth trajectory, with a projected 6.3% CAGR through 2030.
• Highest growth can be seen in transportation precast concrete products propelling demand at an impressive 7% CAGR between 2020 and 2030.
• Water & waste handling products also show a healthy growth rate of 5.7% CAGR till the end of 2030.
• Residential end uses account for a majority share of more than 40% of the total market demand.
• Infrastructure projects would remain the key revenue generator, with a projected CAGR of over 6.2% during the forecast period.
• North America and Europe collectively hold 27% share of the total market value.
• South Asia will capture a significant value share with a strong CAGR of 6.5% during the projection period.

Scope of the Report

Potential Impact of COVID-19 Pandemic
Until the novel coronavirus is brought under control, the future of growth in the precast concrete market is bleak. Normalization post the pandemic will be influenced by financial impact on organizations. Due to the fragmented nature of the market, companies have low cash reserves that will only last for the first or second quarter of 2020. Government aid is necessary for many players to stay afloat during the COVID-19 pandemic.

As governments struggle to mitigate deficits amid the COVID-19 pandemic. Dampened residential and commercial construction projects weaken growth prospects. Rising unemployment of laborers, and low GDP growth will have a ripple effect on demand for precast concrete products. Since the market derives most of its demand from building & construction applications, the halt in construction projects means a halt in growth of the precast concrete market. Market players are preparing for increased liquidation and renegotiation of contracts. Rapid restructuring of hierarchy, shifting focus on low impact countries, and salary cuts are the survival strategies adopted by key market players.

Precast Concrete Market: Participant Insights
Research and development of innovative products such as eco-friendly concrete, cost efficient production processes shapes the competition among market participants. Mergers, acquisitions, and collaborations are prevalent strategies to expand global footprint in the market. Key players that shape the competition are, but not limited to, Boral Limited, Lafarge, Gulf Precast Concrete Co. LLC, Olson Precast Company, CEMEX S.A.B. de C.V., Forterra, Tindall Corporation, Spancrete, and ELO Beton.

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Precast Concrete Market By Category

Product:

• Structural Building Components
• Architectural Building Components
• Transportation Products
• Water & Waste Handling Products
• Others

End Use:

• Residential
• Non-Residential
• Infrastructure

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• THING

Table of Content

1. Global Precast Concrete Market – Executive Summary

1.1. Summary Of Key Findings

1.2. Summary Of Key Statistics

1.3. Key Market Characteristics & Attributes

1.4. Opportunity Assessment

1.5. FMI Analysis And Recommendations

2. Global Precast Concrete Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Mega Trends

4. Key Success Factors

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/precast-concrete-market
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Global glacial acetic acid market is poised for strong growth at approximately 6.5% CAGR during the projection period. Multifaceted applications such as vinegar, paints, pharmaceuticals, inks, and in food & beverages industry are propelling the growth of glacial acetic acid market. Food preservation segment in particular is the growth engine of the market, says a recent Future Market Insights (FMI) report.

Versatility of Glacial Acetic Acid to Strengthen Market through 2029

In the light of its unique properties, glacial acetic acid is used in a wide array of applications. For instance, purified terephthalic acid and vinyl acetate monomer are manufactured from glacial acetic acid. Both of these compounds are essential for manufacturing adhesives, sealants, and PET. Various end-use industries are scaling up the consumption of glacial acetic acid in view of heightening demand.

Key Takeaways of Glacial Acetic Acid Market Study

• Acetic anhydride production necessitates the demand for glacial acetic acid through the forecast period.
• Raw materials of glacial acetic acid have relatively low price point thereby supplementing the market growth.
• Variegated household applications are bolstering the market growth.
• Gains in glacial acetic acid market remain concentrated in Asia Pacific.

Asia Pacific Acquires 69.8% Share in Glacial Acetic Acid Market

Rising economic wealth in emerging Asian economies is bolstering the market growth in the region. Shifting consumer preferences and lifestyle factors are shaping up the regional glacial acetic acid market as well. Rising infrastructural activities accentuate the demand for glacial acetic acid. On that premise, Asia Pacific glacial acetic acid market constitutes 69.8% revenue share in the market.

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Further, established end-use industries in developed economies such as United States are driving the market growth in North America.  The regional market is projected to experience prolific growth during the forecast period. The predominant industry driving the consumption of glacial acetic acid in the region is oil and gas exploration industry.

Industry leaders Rely on Multipronged Strategies for Competitive Edge

Some of the prominent market players featured in this FMI report include, but are not limited to, Hawkins, Inc., MP Biomedicals, BASF SE, OM Group, Inc., Eastman Chemical Company, Celanese Corporation, Innova Corporate (India), Spectrum Chemical Mfg. Corp., British Petroleum, China Great Wall Energy Co, Sinopec Great Wall Energy and Chemical, and Reliance.

Major players are scrutinizing their sales execution strategies and working on efficient pricing to foster their market position. Top performers in the global glacial acetic acid market are focused on gaining attractive revenues through innovation and sustainable transition.

Will the COVID-19 Pandemic Hold an Abrupt Impact on Market?

Although manufacturing and supply sides of the glacial acetic acid market will be facing the heat of global coronavirus outbreak, the market will not be facing abrupt impacts as it falls under the basic chemicals category, i.e. acetic acid. Owing to its applicability, glacial acetic acid is often placed at the beginning of value chains. Looking at the dependence on China for production of basic and allied chemicals, the industry players now ought to reduce their reliance on Chinese markets. FMI’s analysis reveals that a visible shift from China to India in terms of glacial acetic acid manufacturing will be observed in the immediate future, marking an important trend in the global market.

More about the Report

FMI’s study offers an in-depth market forecast and analysis on the global glacial acetic acid market. The major categories encompassed by the report include grade (food grade, industrial grade, and pharmaceutical grade), end-use application (Food additive, Solvent, Photographic Chemical, Paints & Coating, Textile, Cosmetics, and Pharmaceutical Intermediate) across five regions (North America, Latin America, Europe, Middle East & Africa, Asia Pacific).

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Glacial Acetic Acid Market: Segmentation

The global glacial acetic acid market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

By Grade

• Food grade
• Industrial grade
• Pharmaceutical grade

By End-use Application

• Food additive
• Solvent
• Photographic Chemical
• Paints & Coating
• Textile
• Cosmetics
• Pharmaceutical Intermediate

By Region

• North America
• Latin America
• Europe
• MEA
• Asia Pacific

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Global Glacial Acetic Acid Market Demand Analysis 2014-2018 and Forecast, 2019-2029

3.1. Historical Market Volume (Tons) & Value (Tons) Analysis, 2014-2018

3.2. Current and Future Market Value (Tons) & Volume (Tons) Projections, 2019-2029

3.3. Y-o-Y Growth Trend Analysis

4. Global Glacial Acetic Acid Market – Pricing Analysis

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/glacial-acetic-acid-market
For Sales Enquiries: sales@futuremarketinsights.com
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The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Bn in 2022, and is projected to exhibit a CAGR of 5.6% over the forecast period. The global Polypropylene Yarn Market size is estimated to be worth around US$ 16.32 Bn in 2022. With rising adoption of polypropylene yarn for various applications, the overall sales are anticipated to rise at 5.6% CAGR, totaling a valuation of over 23.85 Bn by 2029.

However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt. Governments have restricted transportation amidst the lockdown, leading to logistical issues in the region. Further transmission of the coronavirus would stretch the transport paralysis, leading to a marked production decline of polypropylene yarn. In addition, the export of finished textile products and apparels is expected to drop too.