Carbon Fiber Composites Market Forecast to 2032 Top Players SGL Carbon, Toho, MRC

The global carbon fibre composites market is anticipated at US$ 18.6 Billion in 2021. Due to the increasing adoption of carbon fiber composite materials in aerospace and automotive sectors, owing to several advantages are provided by these materials, thereby, garnering US$ 37.8 Billion in 2032, recording a CAGR of 6.5% from 2022-2032. The market is likely to secure US$ 19.81 Billion in 2022.

Continuous breakthroughs in advanced carbon fibre composites, such as Carbon Fiber Reinforced Thermoplastic (CFRTP), as well as their vastly increased use in high-volume vehicles, will propel industry growth.  Carbon fibre composites’ unique characteristics, such as extreme strength, lightweight, corrosion resistance, equitable chemical reactivity, X-ray transparency, thermal conductivity, and low coefficient of thermal expansion, have elevated their relevance in heavy-duty applications.

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A matrix material is utilized in a wide range of industries to provide adequate physical, thermal, mechanical, and electrical properties. Notably, favourable regulatory norms to lessen vehicular emissions are expected to aid the growth of the carbon fibre composites market during the analysis period.

Key Takeaways from the Market Study

  • By matrix material, polymer-based carbon fibres are forecast to garner US$ 21 Billion by 2032
  • Metal matrix carbon fibre composites sales are expected to flourish at a 6.5% CAGR
  • North America to contribute significantly to market growth, growing at an 8% CAGR
  • Europe to be a significant market player, anticipated to register a 7.7% growth rate
  • A CAGR worth 4.7% is projected for the Asia Pacific carbon fibre composites market
  • Aerospace to account for nearly 61% of total carbon fiber composites revenue in 2022
  • Applications in the automotive industry are expected to rise at a 6.4% CAGR

“To achieve the modifying demands of consumers, manufacturers are making significant investments in the carbon fibre composites. Heavy investments aid in the technological development and offer a wide range of benefits, which is estimated to positively impact the market in the forecast period.”

Competitive Landscape

Key players in the global carbon fibre composites market include Toray+Zoltek, SGL, Toho, MRC, Hexcel, Rock West Composites, Solvay, and Hengshen, among others. Recent key developments among players are:

  • Solvay and SGL Carbon signed a joint development agreement (JDA) in December 2019 to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fibre. These materials clarify the need to reduce prices and CO2 emissions while also improving the manufacturing process and fuel efficiency of next-generation commercial aircraft.
  • Teijin Limited acquired Renegade Materials Corporation in February 2019, a North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry. This contributed to the company’s position as the largest provider of solutions for aerospace applications.
  • Hexcel launched a new product line in May 2022 that encompasses Hexcel resin systems with bio-derived resin content with natural fiber reinforcements to construct material solutions for Automotive, Winter Sports, Marine, and Wind Energy applications.

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Key Segments Covered In The Carbon Fiber Composites Industry Survey

Carbon Fiber Composites Market by End Use:

  • Carbon Fiber Composites for Aerospace
  • Carbon Fiber Composites for Automotive
  • Carbon Fiber Composites for Wind Turbines
  • Carbon Fiber Composites for Sports & Leisure
  • Carbon Fiber Composites for Civil Engineering
  • Carbon Fiber Composites for Marine Applications
  • Carbon Fiber Composites for Other End Uses

Carbon Fiber Composites Market by Matrix Material:

  • Polymer Matrix Carbon Fiber Composites
  • Carbon Matrix Fiber Composites
  • Ceramics Matrix Carbon Fiber Composites
  • Metal Matrix Carbon Fiber Composites
  • Hybrid Matrix Carbon Fiber Composites

Carbon Fiber Composites by Region:

  • North America Carbon Fiber Composites Market
  • Europe Carbon Fiber Composites Market
  • Asia Pacific Carbon Fiber Composites Market
  • Middle East & Africa Carbon Fiber Composites Market
  • Latin America Carbon Fiber Composites Market

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Phenolic Boards Market Is Expected to reach US$ 5.0 Billion by 2032

The global phenolic boards market is expected to be worth US$ 3.5 billion in 2022, rising at a CAGR of 3.63% to be worth US$ 5.0 billion by 2032. The global utilization of phenolic boards in the Chemicals & Materials industry is driving the market’s expansion.

Phenolic board is plywood like material which is manufactured with the help of woven fabrics/ high density thermo-setting cellulose fabrics along with phenolic resins. Phenolic board is also known by the name of phenolic panels. Phenolic board is not made from wood, therefore it does not have problems related to plywood. Phenolic board is manufactured by compressing/pressing woven fabrics/cellulose fabrics with phenolic resins under high pressure. Phenolic boards have high UV resistance, chemical resistance, moisture resistance and abrasion resistance along with high mechanical strength.

On the core surface of phenolic boards numerous materials such as laminates, wood panels can be used, owing to its characteristic properties it is used for different purposes in building and construction industry. Phenolic boards is used in the construction of small cabins or cubicles for changing room, toilets, bathroom etc. Phenolic boards are also used in furniture making and construction of lockers used in changing rooms. Phenolic boards are also used as partitions and as countertops for wash basin/sinks. Phenolic boards can also be used for façade cladding. Phenolic boards in combination with phenolic foams can be used as insulating panels. Phenolic boards are available in different colors as well as different finishes.

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Phenolic Board Market: Regional Outlook

Growing population and rising urbanization has resulted into rise in the number of building & construction activities in Asia Pacific region. Also in the recent years there is substantial rise in residential as well as commercial construction activities especially in the countries such as India and China, owing to which Asia Pacific can be attributed as a prominent market for phenolic board. In the regions such as Europe and North America there is rising demand efficient materials with characteristic properties for building & construction owing to which North America and Europe can be considered as potential markets for phenolic board. Increasing urbanization has resulted into rise in the building & construction activities in Latin America coupled with elevating commercial construction in Middle East & Africa, collectively makes LAMEA a promising market for phenolic board.

Phenolic Board Market: Key Participants

Some of the key participants identified in the global phenolic board market are:

SPIGO Group, Guangdong Yuhua Building Materials Co., Ltd., Mega Plywood Corp., Kingspan Insulation, Sekisui Chemical, Asahi Kasei, Jinan Shengquan Group, Langfang Sanxing Chemical, Linyi Longser Imp. & Exp. Co., Ltd., Linyi Haoqing Wood Co., Ltd., Linyi Baochen Wood Co., Ltd., Shandong Jitong Board Industry Co., Ltd., Stonewood Architectural Panel and Fiberesin Industries among others.

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

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Phenolic Board Market: Segmentation

The global phenolic board market can be segmented on the basis of its thickness, application and end-use:

The global phenolic board market can be segmented on the basis of its thickness:

  • ≤40 mm
  • >40 mm

The global phenolic board market can be segmented on the basis of its application:

  • Building & Construction
  • Interior (Bathroom & Toilet Partitions, Interior Partitions, Cubicles etc.)
  • Exterior (Wall Claddings)
  • Insulation Panel
  • Furniture
  • Others (Countertops, screens, truck beds)

The global phenolic board market is segmented on the basis of its end-use:

  • Residential
  • Commercial
  • Industrial

The Phenolic Board Market 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 Phenolic Board market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Phenolic Board market segments and geographies.

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Benzalkonium Bromide Market Worth US$ 1.78 Bn by 2032 | Future Market Insights

During the projection period, the benzalkonium bromide market is expected to grow at an annual rate of 8.1 %, reaching a market share of US$ 1789.15 million in 2032, up from US$ 821.09 million in 2022.

Benzalkonium Bromide, also known as “Benzododecinium bromide”, is a white color, solid, an inorganic chemical compound.  Benzalkonium Bromide is easily soluble in water whereas insoluble in organic.

Benzalkonium Bromide is a quaternary ammonium compound which is a part of the cationic surfactants group. Benzalkonium Bromide is extensively used as a surfactant in manufacturing of the fabric softeners, detergents, and soaps applications.

Also, the Benzalkonium Bromide acts as a disinfecting agent. In Industry, Benzalkonium Bromide is used for recycling water system in oil fields, chemical plants, textiles, and machinery, among others. In the healthcare industry, Benzalkonium Bromide and its salts are used in the manufacturing of the antifungal, antiseptic and anti-parasitic medicines

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Benzalkonium Bromide Market: Dynamics

Across the globe, changing lifestyle, increasing per capita income and spending are the key factors owing to which demand for the cosmetic and personal care products is increasing which in turn is expected to drive demand for Benzalkonium Bromide market.

Also, the increasing demand for the fabric softeners in the developed region will in turn help to drive the Benzalkonium Bromide market. Along with this, growing demand for Benzalkonium Bromide in production antiseptic medicines will help to drive the market over the forecast period.

Moreover, the significant growth of the pharmaceutical industry across the globe will provide the impetus for the growth of the market. However, the stringent government regulation and increasing demand for bio-based chemicals in the developed region will hamper the growth of the Benzalkonium Bromide Market.

In recent past, the key manufacturer has emphasized on the expansion of the production capacity of Benzalkonium Bromide in order to cater to the rising demand and to enhance their presence in the global market.

Benzalkonium Bromide Market: Regional Outlook

In terms of demand, global Benzalkonium Bromide market is dominated by North America, especially by the U.S. This is mainly attributed to significant growth in pharmaceutical drugs production and rising investment in the R & D investment in the pharmaceutical sector owing to which the demand for Benzalkonium Bromide is expected to increase over the forecast period.

Along with this, the significant growth in demand for fabric care products in Europe and North America will lead to drive Benzalkonium Bromide market over the forecast period. It is expected that North America Benzalkonium Bromide Market will register steady growth over the forecast period.

Moreover, the healthy growth of chemicals, personal care and pharmaceuticals industry in the Asia Pacific will help to drive the Benzalkonium Bromide market. Also, the availability of raw materials and low cost of production in the Asia Pacific will further provide the impetus for the growth of Benzalkonium Bromide market.

Along with this, rising per capita spending and growing demand for cosmetic products in the region will help to drive demand for Benzalkonium Bromide Market in East Asia region. It is expected that East Asia Benzalkonium Bromide Market will register healthy growth over the forecast period.

Moreover, in Latin America, the steady growth of the pharmaceutical industry will lead to drive the Benzalkonium Bromide Market. In terms of demand, Latin America and Middle East & Africa (MEA) Benzalkonium Bromide market is expected to register slow growth over the forecast period.

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Benzalkonium Bromide market: Key participants

Some of the market participants identified across the value chain of the Benzalkonium Bromide market are listed below:

  • Dishman Carbogen Amcis Limited
  • Henan Kangxing, Taicang Pharmaceutical Factory
  • Luoyang Tianmeng
  • Merck KgA
  • MR Pharma Inc.
  • KLK OLEO
  • PROFARMA-PRODUKT, s.r.o.,
  • TCI Ltd. to name a few.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Benzalkonium Bromide Market 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 Benzalkonium Bromide market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Benzalkonium Bromide market segments and geographies.

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Benzalkonium Bromide Market: Segmentation

On the basis of Grade, The Global Market of Benzalkonium Bromide can be segmented into;

  • Pharma Grade
  • Industrial Grade

On the basis of function, The Global Market of Benzalkonium Bromide can be segmented into;

  • Preservative
  • Cationic Surfactant
  • Cosmetic
  • Other

On the basis of Application, The Global Market of Benzalkonium Bromide can be segmented into;

  • Personal care
  • Fabric care
  • Pharmaceuticals
  • Others

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Asia Pacific Excluding China (APEC) Crane Market Is Likely To Hold Approximately 20.1% Of The Share In 2022 | FMI

The ongoing expansion of the power generation sector and the surging development of novel infrastructure are set to accelerate the sales of hydraulic cranes in India. Asia Pacific excluding China (APEC) crane market is likely to hold approximately 20.1% of the share in 2022, finds FMI.

For example, in January 2022, Sany India handed over the keys to Dwarkesh Transport Corporation for the country’s first-ever crawler crane with an 800-tonne lifting capacity. The Sany SCC8000A crane is India’s largest crawler crane, with unique safety features and design. Dwarkesh plans to use it for wind turbine installation. The market in India is expected to expand at a steady pace, owing to similar other product launches and deliveries.

A number of policies and plans adopted by major players in the global crane market prioritise strong customer relationships with dealers, distributors, and other channel participants. Local market presence has strengthened these relationships. The global crane market was worth approximately US$ 43.9 billion in 2022, and it is expected to grow 1.5X by 2029.

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Insights Gathered from Crane Market Study

  • The integration of cranes with IoT is expected to allow key players to increase sales during the forecast period, especially through contracts from leading companies dealing in real estate buildings and commercial apartments.
  • Rising number of remote operations have boosted demand, and more customers are demanding high load capacity cranes.
  • Loader cranes find application in refineries and offshore oil droll platforms, and increase in the production capacity of crude oil across the globe (to cater to energy needs) will have a positive impact on the loader crane segment.
  • Lack of technological adoption in conventional cranes will act as a restraint, and manufacturers will have to adopt advanced automation solutions to sustain and enhance their market share.
  • China is estimated to hold a significant share in the global crane market, and is expected to drive market growth in the region, while growing at a CAGR of above 5% in terms of value from 2022 to 2029.

“Increasing demand for high capacity cranes and need for portability are propelling the sales of handheld cranes, mainly manufactured by leading players. Further, providing customer-specific products at attractive costs based upon individuals’ economic tier and spending capability is expected to drive the growth of the crane market in the coming years.

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Crane Market: Participant Insights

The crane market is largely fragmented, owing to a large number of established and large players. The report also provides details of some of the key players in the global crane market, such as Liebherr Group, XCMG Construction Machinery Co. Ltd, The Manitowoc Company, Texrex Corporation, Cargotec Oyj, Tadano Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd. Kobelco Ltd, and Kato, among others. Increasing investments in public and private sector construction projects are primarily responsible for driving the growth of the market.

Competitiveness in this landscape is growing stronger, and the adoption of new crane technology is superseding the cranes of yesteryears. With numerous updations, customizations, and innovations, end users can increase uptime, save on maintenance and energy costs, scale products with the business, and extend the life of their investments, all of which will play a significant role in the global crane market.

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Cathodic Protection Market To Reach A Valuation Of US$ 4,680.2 Mn By 2032 | FMI

The global cathodic protection market size is set to be valued at US$ 4,605.0 Mn in 2022 and is estimated to grow at a CAGR of 5.2% from 2022-2032. The market is likely to reach a valuation of US$ 4,680.2 Mn by 2032.

Small to large industries use cathodic protection to control and mitigate the effects of corrosion. As a result, key consumers of protection products and services include oil and gas, water and wastewater, and processing plants, among others.

East Asia accounts for a prominent share of the global cathodic protection market, which is led by China. The region accounts for collective industry value worth more than US$ 9 trillion. The region is anticipated to gain 160 bps points throughout the forecast period.

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Cathodic Protection Market: Segmentation Analysis

Cathodic Protection Market Analysis by Solution

In solution, the cathodic protection market has been categorized into products and services. The product segment can be further divided into anodes, power supplies, junction boxes, test stations, remote monitors, coatings, instrumentation, and others.

Services include inspection, design & construction, and maintenance. Leading players in the market provide almost all the products and services for cathodic protection to various end-users.

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Cathodic Protection Market Analysis by Type

By type, the cathodic protection market size is segmented into galvanic (sacrificial anodes) and impressed current. The impressive current-based cathodic protection continues to hold bulk shares of the market, nearly 80%.

Demand for cathodic protection based on impressed current continues to remain influenced by the high cost of alternative methods available for cathodic protection currently.

Cathodic Protection Market Analysis by Application

By application, the cathodic protection market has been categorized into pipelines, storage facilities, processing plants, water & wastewater, transportation, building, and others.

Government regulations related to the corrosion protection of industrial infrastructures continue to influence the growth of the cathodic protection market.

The more regulations are imposed, the more cathodic protection is required, and the more accurate and detailed the testing and records need to be. This is expected to significantly boost the growth of the cathodic protection market shortly.

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Cathodic Protection Market Analysis by Region

From a regional perspective, North America is projected to be a prominent market, owing to significant pipeline integration in the oil & gas industry. Europe is projected to hold over one-fourth share of the cathodic protection market.

The U.S. is set to account for around 79.8% of the North America cathodic protection market share in 2022. As per the report, it would cost about US$ 2.1 trillion to replace over a million miles of deteriorated water and sewerage pipes all at once in the country.

Cathodic Protection Market: Vendor Insights

Key players operating in the cathodic protection market include Aegion Corporation, BAC Corrosion Control Ltd., Cathodic Protection Company, Cathodic Protection Management, Inc., Corrosion Protection Specialist Private Limited, Farwest Corrosion Control Company, Imenco AS, Matcor, Inc, MG Duff International Ltd, Perma-Pipe Inc., SAE Inc., Southern Cathodic Protection, Tecnoseal Group, The Nippon Corrosion Engineering Co., Ltd., and Nakabohtec Corrosion Protecting Co., Ltd.

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Industrial Noise Control Market Is Projected To Register 4.6% CAGR And A Top Valuation Of US $7,550.0 Mn By 2028

The global industrial noise control sales were valued at around US $5,529.1 Mn at the end of 2021. The market is projected to register 4.6% CAGR and a top valuation of US $7,550.0 Mn by 2028. With an ever increasing demand for noise control solutions, manufacturers are focusing on using new materials for industrial noise control solutions.

The business for industrial noise control market is forecasted to expand due to growing demand for cost effective and high quality products for industrial noise reduction.

Manufacturers of industrial noise control products in the United States are focusing on developing noise reduction solutions for a variety of industrial environments and manufacturing sites. Manufacturers of industrial noise control products and systems in the United States focus on providing customers with a diverse range of industrial noise control solutions.

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The business for industrial noise control market is forecasted to expand due to growing demand for cost effective and high quality products for industrial noise reduction.

Key factors influencing the growth of industrial noise control market include,

  • Growing awareness of harmful levels of industrial noise
  • Increasing emphasis on the protection of workers and employees from noise pollution
  • Stringent environment regulation related to industrial noise control
  • Incorporation of integrated noise control technologies in advanced industrial machinery

The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

Polymer & Composites Remain Preferred Materials, Accounted for Over 4 in 10 Sales in 2021

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Over 4 in 10 industrial noise control units sold in 2018 were made of polymer & composites.

Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold in 2021 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2021 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales in 2018 and demand for rigid noise barriers is expected to grow at 4% in 2022.

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Industrial Noise Control Utilization in Internal Application Prominent, Accounted for 7 in 10 Sales in 2021

The FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. 7 in 10 industrial noise control units sold in 2021 were for internal application and the demand will continue to grow in the future.

Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at 3.9% y-o-y in 2022.

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

According to the FMI study, the manufacturing sector remains a prominent end user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Over 7 in 10 industrial noise control units were sold in the manufacturing sector in 2018, wherein industrial machinery vertical account for the highest sales. As keeping the noise within the OSHA levels in the different manufacturing sector is pivotal in ensuring health and wellness of employees.

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Demand in East Asia Continues to Surge, Europe Represents Second Largest Market

As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2021. In terms of sales volume, Europe followed East Asia and collectively, these regions accounted for over 6 in 10 unit sales.

China in East Asia remains leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for considerable bulk of regional demand in 2021.

While the growth prospects seem steady for the industrial noise control market, development of advanced industrial machineries integrated with noise cancelling technologies and sound or vibration absorbers can impede the market growth in the future.

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Content Experience Platforms Market is Anticipated to Reach a High of US$ 12.4 Billion by the year 2032

Future Market Insights, a market research and competitive intelligence provider, analyses that demand for Content Experience Platforms is expected to witness a steady growth backed by the steady growth in demand of Media and Publishing which constitutes the largest market of the Content Analytic Software industry. According to the study, the global Content Analytic Software market was valued at US$ 4.5 Bn in 2021, and it is also expected to expand at a CAGR of 9.7% over the assessment period of 2022-2032.

In 2022, the market is expected to be worth US$4.91 billion. By the year 2032, it is predicted that the market for global content experience platforms will reach a high of US$ 12.4 billion.

The Content Experience Platforms market in emerging nations is rapidly expanding owing to its capacity to assist customers, learn and know their immediate needs. Along with this, lowering buyer attrition, rising cloud-based solution rollout, and growing interest for big data analytics are propelling market growth.

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One of the key factors responsible for the growth of the digital experience platform market is the steadily increasing implementation of cloud-based solutions across numerous sectors. Organizations’ proposals to deliver personalized, improved, and assimilated user engagement and participation throughout diverse marketing channels, as well as the growing demand for platforms to comprehend clients’ basic needs, are driving future growth.

The growing usage of Digital Experience Platforms (DXPs) by marketing professionals for the purpose of trying to reach clients across numerous electronic devices and trying to promote cross-selling and upselling, as well as huge demand due to precise data collected through DXPs used for marketing and promotions, are impacting the market.

Furthermore, the attempt to reduce bounce rate, growing adoption of big data analytics, urban development and automation, and preferred outcome for omnichannel strategy have a positive impact on the digital experience platform market. Moreover, the surge for highly personalized experiences for every consumer in real-time, as well as the availability of technologies like AI, data analytics, and cloud, provide lucrative opportunities to market participants.

In 2021, North America held the largest share in the global Content Experience Platforms market. The companies in the region have been focusing on customer loyalty and retention. Alongside, the pervasiveness of digital and conventional retail industry channels, North America leads the digital experience platform market. In the region, the tourism and leisure sector is rapidly adopting digital experience platforms. The growth of digital experience platform technology will persist to rise as a result of the client-centric culture.

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Content Analytic Software market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by Deployment (Cloud-Based, On-Premises), Application (BFSI, Media and Publishing, Telecom and IT, Retail, Others) across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

Market Segments Covered in Content Experience Platforms Market Analysis

By Deployment:

  • Cloud-Based
  • On-Premises

By Application:

  • BFSI
  • Media and Publishing
  • Telecom and IT
  • Retail
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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https://community.homingo.com/post/consumer-video-feedback-software-market-research-report-2022—global-forec–63492e0145ff5af7a51b8357

https://www.login.ps/blogs/4874/Consumer-Video-Feedback-Software-Market-2022-Key-Players-SWOT-Analysis

https://kansabook.com/read-blog/64508

About Us

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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Retail Vending Machine Market Set to Witness an Uptick Size USD 130 billion to 2032: Future Market Insights, Inc.

The global retail vending machine market size is likely to secure US$ 130 Billion by 2032 while expanding at a CAGR of 9% during the forecast period. Increasing adoption of a vending machines in a large number of fitness clubs around the globe for offering their clients supplements like soft drinks, protein bars, energy drinks, and others, is anticipated to boost the demand for vending machines. As per International Health, Racquet and Sportsclub Association 2019 Report, the global fitness industry has witnessed a rise in membership of 183 million with an anticipated revenue generation of US$ 94 billion in 2019.

Increasing demand for coffee and energy drinks across various verticals is anticipated to expand use of retail vending machines. Players in the market are taking various initiatives that can drive market growth during the forecast period. For instance, in July 2022, Coca-Cola announced the launch of a revolutionary new coffee machine. The company will be focusing on its coffee vending machines called “Costa Smart Cafes”. Such factors are likely to boost the retail vending machine market in the forecast period.

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On the contrary, high expenses associated with such equipment is anticipated to hamper the market during the forecast period. The equipment demands high maintenance, and a high risk of robbery, which is likely to limit the industry growth during the forecast period. However, the growing demand for vending machines in various spaces, from offices to high-end restaurants, and crowded bars to public places, are expected to counter the hampering factors and drive the growth of retail vending machine market.

Key Takeaways from the Market Study:

  • By payment mode, cash based retail vending machines to hold 74% of the global market share in 2022
  • The global retail vending machine is projected to have held about US$ 51 Billion in 2021
  • By type, beverage retail vending machines to secure about 43% of the global market share in 2022
  • The global retail vending machine market is expected to secure US$ 55 Billion in 2022
  • North America to account for 31% of the retail vending machine industry revenue in 2022
  • Asia Pacific to emerge as the primary revenue powerhouse, expanding at a 9.6% CAGR by 2032

“With the global retail industry continuing to flourish, there is a flurry of demand for a wide range of consumer products, ranging from food & beverage items to apparel. This has prompted retailers to increase deployment of vending machines, providing customers with the ease of selecting products of their own choice,” says an FMI analyst.

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Competitive Landscape

Key players in the global retail vending machine market include Azkoyen Group, Cantaloupe Systems, Westomatic Vending Services Limited, Royal Vendors, Inc., Glory Ltd., Sanden Holding Corp., Seaga Manufacturing Inc., Orasesta S.p.A, Sellmat s.r.l., and Fuji Electric Co., Ltd. Recent developments in the industry include:

  • In July 2022, Azkoyen Group, a Spanish vending machine manufacturer has acquired Barcelona-based espresso machine manufacturer Ascaso. Azkoyen Group said that the acquisition will provide a new leadership position in the premium coffee segment. The company’s coffee business currently accounts for 75% of turnover for its coffee and vending division.
  • In October 2021, Dominus Capital and affiliates have completed their investment in Seaga Manufacturing, Inc. Seaga’s customized offering allows customers to enhance inventory management, demand planning, inventory costs, and shrinkage, all while providing safer products access.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global retail vending machine market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Type (Food, Beverage, Games/Amusement, Tobacco, Candy & Confectionery Retail Vending Machine, Beauty & Personal Care Retail Vending Machine, Ticket Retail Vending Machine, Others) by Payment Mode (Cash, Cashless), by Application Outlook (Commercial Places, Offices, Public Places, Other Places), & Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

About the Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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Key Segments Profiled in the Retail Vending Machine Market Report

Retail Vending Machine Market by Type:

  • Food Retail Vending Machine
  • Beverage Retail Vending Machine
  • Games/Amusement Retail Vending Machine
  • Tobacco Retail Vending Machine
  • Candy & Confectionery Retail Vending Machine
  • Beauty & Personal Care Retail Vending Machine
  • Ticket Retail Vending Machine

Retail Vending Machine Market by Payment Mode:

  • Cash Retail Vending Machine
  • Cashless Retail Vending Machine

Retail Vending Machine Market by Application:

  • Retail Vending Machine for Commercial Places
  • Retail Vending Machine for Offices
  • Retail Vending Machine for Public Places
  • Retail Vending Machine for Other Applications

Retail Vending Machine Market by Region:

  • North America Retail Vending Machine Market
  • Europe Retail Vending Machine Market
  • Asia Pacific Retail Vending Machine Market
  • Latin America Retail Vending Machine Market
  • Middle East & Africa Retail Vending Machine Market

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About Future Market Insights (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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Horse Stable Supplies Market Worth US$ 2.7 Bn By 2032 | CAGR 6.0% – By FMI

The global horse stable supplies market size is poised to reach a valuation of US$ 1.5 Bn in 2022. Sales of horse stable supplies are projected to increase at 6.0% CAGR in the forecast period from 2022 to 2032. The market is expected to reach US$ 2.7 Bn by 2032.

The global horse stable supplies market is projected to grow at a steady pace with the entry of new competitors. Increasing investments in research and development activities to discover new products to cater to the high customer demand are also expected to drive the market.

Trends like humanization of pets and recreational equestrianism are expected to be some of the other key drivers in the forecast period. Reintroduction of horses as pets among private, high-net-worth individuals has given rise to a new customer base in the horse stable supplies market.

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Key Takeaways: Horse Stable Supplies Market

  • The China horse stable supplies market is expected to rise at a CAGR of 6% during the forecast period from 2022 to 2032.
  • The U.S. horse stable supplies market is expected to grow at a CAGR of 3% in the forecast period from 2022 to 2032.
  • The U.K. is anticipated to dominate the North America horse stable supplies market by exhibiting a CAGR of 2% in the evaluation period.
  • By product type, the disinfectants and deodorizers category is set to generate nearly 21.1% of the global horse stable supplies market share by 2032.
  • Based on sales channel, the specialty stores segment is projected to generate lion’s share in the horse stable supplies market by the end of 2032.

“Increasing participation of people living in low- and middle-income countries in equestrian sports is expected to bode well for the global horse stable supplies market during the forecast period,” says a FMI analyst.

Competitive Landscape: Horse Stable Supplies Market

Industry leaders have maintained their positions in the global horse stable supplies market by constantly innovating their existing product line-ups. They are also aiming to provide customers with cutting-edge products that would fulfill their specific needs.

Besides, the global market is set to witness the entry of new companies with rising horse adoption among high-net-worth individuals worldwide.

Key players in the global horse stable supplies market are Burlingham Sports, Manna Pro, AHC Products Inc., Saratoga Horseworks Ltd., Kensington Protective, Little Giant, TuffRider, HorZe, Mountain Horse, Partrade, Tough-1, Farnam Companies, Inc., Martin Saddlery, Gatsby Ltd., K&H Pet, Farm Innovators Co., and Back On Track among others.

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Horse Stable Supplies Market Outlook by Category

By Product Type:

  • Cleaning Supplies
  • Disinfectant and Deodorizers
  • Feeding Tools
  • Horse Accessories
  • Others

By End User:

  • Private
  • Commercial

By Price Range:

  • Economic
  • Median
  • Premium

By Sales Channel:

  • Specialty Stores
  • Supermarkets
  • Direct Sales
  • Online Retailers
  • Retail Stores
  • Other Channels

By Region:

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

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About Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

Read More TOC..

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About Future Market Insights (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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Premium Alcoholic Beverages Market Is Anticipated to Touch a Value of Nearly US$ 1.7 Tn in The Year 2032

The premium alcoholic beverages market size is valued at US$ 0.7 Tn in 2022 and is projected to grow at a CAGR of 9.3% during the forecast period, to reach a valuation of US$ 1.7 Tn by 2032. Global premium alcoholic beverages demand is projected to grow at a year-on-year (Y-o-Y) growth rate of 8.7% in 2022. Rising consumption of premium alcoholic beverage due to their optimal quality and introduction of novel premium alcoholic beverages brands worldwide are some of the factors providing impetus to the growth of the market.

Over the years, demand for premium alcoholic beverages has risen at a healthy pace and this trend is likely to continue during the forecast period, owing to the rising disposable income, growing awareness regarding the benefits of wine consumption, rapid surge in number of wine drinkers across the world.

Similarly, increasing demand for various types of premium alcoholic beverages such as beer, rum, and wine among millennials will create plethora of opportunities for the premium alcoholic beverages manufacturers during the forecast period.

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In addition to this, easy availability of premium alcoholic beverages through online shopping platforms will positively impact premium alcoholic beverages sales over the assessment period.

Key Takeaways from Market Study

  • The premium alcoholic beverages market size reached US$ 11.4 Bn in 2022.
  • By alcohol type, whiskey is likely to be the most remunerative segment in the global premium alcoholic beverages during the forecast period.
  • Based on sales channel, B2C to witness highest premium alcoholic beverages sales through 2032.]
  • The U.S. will continue to remain the most dominant premium alcoholic beverages market during the forecast period.
  • Demand for premium alcoholic beverages to rise at a robust pace in Japan over the assessment period.

“Growing consumer preference for nutritional beverages with optimum quality will create lucrative growth opportunities for the premium alcoholic beverages manufacturers during the forthcoming years,” says a Future Market Insights analyst.

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Competitive Landscape

Key premium alcoholic beverages are constantly focusing adopting various strategies such as new product launches, advertisements, price reduction, partnerships to gain a competitive edge in the global market. For instance,

  • In 2021, Dos Equis, a Heineken USA brand, launched a Hard Seltzer named as Dos Equis Ranch Water, which is inspired by the sparkling mineral water, classic West Texas tequila, and lime. The Dos Equis brand has become the largest import brand in Texas with 16.1% growth in the past year.

Key Companies Profiled in Premium Alcoholic Beverages Market are Bacardi Limited, Diageo Plc, Pernod Ricard SA, Gruppo Campari, The Brown-Forman Corporation, The Edrington Group, Heineken N.V., Anheuser-Busch Companies,  LLC, Carlsberg A/S, Miller Coors, Others

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Premium Alcoholic Beverages Market by Category

By Alcohol Type:

  • Beer
  • Wine
  • Whiskey
  • Gin
  • Vodka
  • Rum
  • Others

By Packaging:

  • Bottles
  • Can
  • Jars
  • Tins
  • Others

By Sales Channel:

  • B2B/Direct
  • B2C/Indirect

By Application:

  • Household Segment
  • Hospitality Industry
  • Others

By Region:

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

Frequently Asked Questions

  • What is the current size of premium alcoholic beverages industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of premium alcoholic beverages over the past half-decade?
  • What is the projected valuation for premium alcoholic beverages by 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the premium alcoholic beverages market demand?
  • What are the key factors affecting the premium alcoholic beverages market growth?

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About Future Market Insights (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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