Market Research Blog – Page 10137 – New Product Development

CMOS Camera Market Size, Share, CAGR & Forecast Report for 2022 – 2029

The CMOS Camera Market is expected to reach a value of US$ 5 Bn in 2022 and expected to surpass US$ 10.2 Bn by 2029, registering 10.7% CAGR between 2022 – 2029.

Over the last several years, imaging systems for security applications have grown significantly. Large, high-cost, and inefficient cameras mostly used for specific military and government applications have been replaced by compact, low-cost, low-power smart camera systems, becoming available not only for military and government purposes, but also for expanding civilian security applications.

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Key Takeaways of CMOS Camera Market Study

North America is expected to hold a significant share in the global CMOS camera market during the forecast period.
Low-light CMOS cameras are likely to capture a leading share in the global CMOS camera market among all camera types, as these cameras are widely used for video detection and monitoring systems.
By pixel density (megapixels), less than 5MP is anticipated to retain its significant share in the global CMOS camera market over the coming decade, as this pixel density has high growth opportunities in the automotive industry.
The consumer electronics industry is witnessing top-line growth all over the world. However, security & surveillance is estimated to continue to hold significant market share in the global CMOS camera market during the forecast period.

Increasing Demand for Machine Vision to Propel Sales

Growth in machine vision adoption, with the convergence of advanced imaging analysis, robotics, and machine learning, is leading to new creative and never-before-seen solutions for industrial vision applications. Machine vision cameras will remain critical to the development of next-level solutions in a variety of growing global markets. Moreover, CMOS cameras have taken over a majority of the machine vision market. CMOS chips yield higher quantum efficiency, and are expected to drive the growth of the global CMOS camera market, as they are used for near infrared (NIR), scientific, and life science applications.

More Valuable Insights on CMOS Camera Market

Future Market Insights offers an unbiased analysis of the global CMOS camera market, providing historical data of 2014-2021 and forecast statistics for 2022-2029. To understand the opportunities in the CMOS camera market, the market is segmented on the basis of camera type, professional services, pixel density (megapixels), and application, across seven major regions.

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CMOS CAMERA MARKET TAXONOMY

The global CMOS camera market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the readers.

Camera Type

Stereo Vision CMOS Cameras
Low-light CMOC Cameras
Low-noise CMOS Cameras
HD CMOS Cameras
Ultra-HD CMOS Cameras

Professional Services

Imaging Consultancy Services
Camera Integration Services
Support & Maintenance Services

Pixel Density (Megapixels)

Less Than 5MP
5-10MP
10-20MP
More Than 20MP

Application

Aerospace & Defense
- Land-based Applications
- Naval-based Applications
- Airborne Applications
Automotive & Transportation
- Roadways
- Railways
- Seaways
Medical Devices
Consumer Electronics
Industrial
Security & Surveillance
Others

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Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa
GCC Countries
Emerging Countries

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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 7-years.

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Digital Marketing Analytics Market Size, Share & Growth Report for 2031

According to a recent analysis by Future Market Insights (FMI), sales in the digital marketing analytics market are projected to increase at a stupendous 20.5% CAGR, reaching US$ 4.2 Bn in 2021.

Digital marketing analytics platforms are essential for understanding the customer outlook gained from digital channel and boost customer satisfaction. These solutions help in collecting the data of the enterprise through online channels.

Increasing dependence of social media platforms, surging adoption of cloud technology and big data, and the need for exact ROI calculation in online marketing are chief factors expected to drive sales in the market.

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In addition to this, growing adoption of connected devices and gadgets such as smartphones, laptops, tablets, and wearable devices is underscoring the need for integrated digital marketing analytics solutions to organize data across multiple devices.

The technology tracks user sentiments across multitude of devices and helps deliver highly personalized customer experience. For instance, healthcare service providers provide customized advertisement to users connected with a smartphone and wearable device that is designed for fitness purposes, based on real-time metrics.

Key Takeaways:

By solution, the digital marketing analytics software segment is anticipated to grow at a robust CAGR of 22.8% through 2031.
In terms of application, the adoption of digital marketing analytics in social media marketing segment is anticipated to increase at a CAGR of 24.8% between 2021 & 2031.
Based on the end user, sales in the large enterprises segment accounted for 60.3% of the total market share in 2020, nd the trend is expected to continue through 2031.
Canada is projected to emerge as a lucrative market, with sales growing at a 19.3%CAGR over the assessment period.
The India digital marketing analytics market will expand at a robust 31.5% CAGR through 2031.
In Japan, sales are expected to increase at a CAGR of close to 25.0% over the forecast period.

Competition Landscape

Key players operating in the global digital marketing analytics market are investing in acquisitions, mergers, and partnerships to improve their product portfolios. Besides this, market players are also focusing on providing products directly to end users to improve direct customer relations. For instance:

In May 2018, conDati has announced the launch of its new digital marketing analytics platform based on machine learning. It is a cloud-based analytics platform that’s designed to help marketers better understand the impact of their digital advertising campaigns.

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Digital Marketing Analytics Market Outlook by Category

By Solution:

Digital Marketing Analytics Software
Services
- Consulting
- Design & Implementation
- Support & Maintenance Services

By End User:

Small & Medium Enterprises
Large Enterprises

By Application:

Social Media Marketing
Email Marketing
Content Marketing
SEO Marketing
Pay Per Click Marketing
Video Marketing
Display Marketing

By Region:

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

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Call Centre Market Worth US$ 55.5 Billion by the end of 2029 | Future Market Insights, Inc.

The Call Centre Market is expected to reach a value of US$ 27.1 Bn in 2022 and is expected to surpass US$ 55.5 Bn by 2029, registering 10.8% CAGR between 2022 – 2029. The rising adoption of cloud-based call centre solutions and services, integration of technologies such as Artificial Intelligence, Customer Relationship Management, and Knowledge Management, and surge in the demand for omnichannel call centre solutions are the key factors shaping the growth of the call center market.

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Key Takeaways of Call Centre Market Study

North America and Asia Pacific are key markets holding a significant share in the global call centre market. Increasing digitalization and growth in number of call centres are the factors driving the growth of the market in these regions.
The software/solutions segment is expected to hold a significant share in the global call centre market. Rising demand for solutions such as interactive voice response, intelligent call routing, and automatic call distributors are factors driving the growth of the software/solutions segment.
By deployment, the cloud-based segment is anticipated to retain its significant share in the global call centre market over the forecast period. Various call centre organizations are adopting cloud-based solutions to easily manage their daily operations and keep pace with the changing business landscape.
The retail and consumer goods vertical is expected to witness high growth, as retailers are moving towards omni-channel call centre solutions to offer a personal touch to customer interactions, while offering their support and services.

Call Centres Becoming More Predictive and Social

In recent times, innovative call centre marketing plans have transformed them into experience hubs, where they are not only dealing with emergencies and customer calls but also driving positive interactions and delivering leads to sales and marketing teams, customer feedback to product teams, and key insights for product development and innovation.

With advancements in predictive analytics, call centre organizations are keeping themselves one step ahead of their customers by anticipating their needs, and are helping enterprises in strengthening customer relationships.

Competitive Landscape

Call centre providers are focusing on providing services to mainly BFSI and consumer goods industries as customer experience is a crucial aspect of their business model. Call centre companies are also focusing on expanding their service coverage across multiple geographies to boost revenue potential.

3CLogic
Genesys
8×8 Inc.
Cisco Systems Inc.
Salesforce Inc.
IBM Corporation
SAP
Aspect Software Inc.

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More Valuable Insights on Call Centre Market

Future Market Insights offers an unbiased analysis of the global call centre market, providing historical data of 2014-2021 and forecast statistics for 2022-2029.

Key Segments of Call Centre Industry Survey

Call Centre Market By Component :

Solutions/Software
Software
Consulting & Training
Integration & Deployment
Support & Maintenance

Call Centre Market By Deployment :

On-premise Call Centres
Cloud-based Call Centres
Hybrid Call Centres

Call Centre Market By Vertical :

Call Centres for BFSI
Call Centres for Retail & Consumer Goods
Call Centres for IT & Telecom
Call Centres for Media & Entertainment
Call Centres for Government
Call Centres for Healthcare
Call Centres for Travel & Hospitality
Others

Call Centre Market By Region :

North America Call Centre Market
Latin America Call Centre Market
Europe Call Centre Market
East Asia Call Centre Market
South Asia & Pacific Call Centre Market
Middle East & Africa (MEA) Call Centre Market

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Fiber to the Home (FTTH) Market to Hit US$ 53,898.7 Million by 2029 | Future Market Insights, Inc.

The Fiber to the Home Market is slated to increase at a CAGR of 14.7% to reach a valuation of US$ 20,641.8 Mn in 2022 and US$ 53,898.7 Mn by 2029. An increase in the installation of smart systems at home, and a rise in the usage of mobile apps are the two crucial parameters that are boosting the demand for high-speed Internet. On the back of these factors, the demand for fibre to the home (FTTH) is projected to increase during the forecast period of 2022-2029.

Growing adoption of technology advancement solutions such as cloud computing, e-Governance, e-Learning, e-Health, and smart grids, are other major factors due to which the demand for high-speed fiber to the home is expected to increase during the forecast period.

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Key Takeaways of Fiber to the Home Market Study

The 50 to 100 Mbps segment is the key download speed segment, which accounted for the largest share of the fiber to the home market in 2021.
The smart home application segment is expected to be the most lucrative segment in the FTTH market during the forecast period, owing to the increasing number of smart homes in North America and Western Europe.
Among all the segments by application, the VoIP segment dominated the global fiber to the home market in terms of revenue in 2021.
Asia Pacific Excluding Japan is expected to hold the largest share in the fiber to the home market over the forecast period. Moreover, India is anticipated to exhibit an impressive CAGR during the forecast period.

Supportive Government Initiatives for Better Internet Infrastructure to Propel FTTH Market Growth

Increasing government initiatives to promote industrialization and digitalization in developing countries offers a regional expansion opportunity for providers in the fiber to the home market. Rapid increase in data traffic in developing economies such as India, Mexico, and Brazil is another factor that is creating profitable opportunities for service providers in the FTTH market.

More Valuable Insights on Fiber to the Home Market

In its latest report, Future Market Insights offers an unbiased analysis of the global fiber to the home market, providing historical data for the period of 2014-2021 and forecast statistics for the period of 2022-2029.

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Fiber To The Home Market Outlook by Category

By Download Speed :

Less than 50 Mbps
50 Mbps to 100 Mbps
100 Mbps to 1 Gbps
More than 1 Gbps

By Application :

Internet TV
VoIP
Interactive Gaming
VPN on Broadband
Virtual Private LAN Service
Remote Education
Smart Home Application

By End User :

Single Family Homes
Multiple Dwelling Units
Small Office Home Office

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3D Printing Market is Anticipated to Touch a Value of Nearly US$ 148.4 Billion in the year 2032

The global 3D printing market is set to witness an impressive growth rate of 20.5% over the forecasted years of 2022 to 2032. The 3D printing market size is anticipated to reach a valuation of around US$ 148.4 Billion by the end of year 2032 from the current valuation of US$ 22.9 Billion in 2022.

The widespread demand for 3D printers in the manufacturing sector for machining, modelling, and prototyping is the major factor for the 3D printing market growth. Owing to this fact, the industrial 3D printers segment is thus anticipated to maintain its dominance over the global 3D printing market during the forecasted years.

Due to the widespread implementation of the technology across several 3D printing processes, Direct Metal Laser Sintering or DMLS technology type accounted for a highest revenue share in 2022. Due to the fact that these technologies can be used in specialized additive manufacturing processes, the DLP, EBM, inkjet printing, and DMLS sectors are anticipated to see a rise in acceptance throughout the projection period.

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One of the earliest and most widely used 3D printing processes is stereolithography, whose contribution share was valued for about US$ 3 Billion for the year 2022. But even though the benefits and ease of use of stereolithography technology are promoting its adoption, technological advancements and intense R&D activities carried out by 3D printing company experts and researchers are creating opportunities for a number of other effective and dependable technologies

Key Takeaways from Market Study

The overall growth of the global 3D printing market is estimated to be around US$ 31.38 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 4.5%.
The 3D printer machine is the highest grossing component type with a valuation of US$ 11 Billion in the current year that accounts for more than half of the total market value.
The Direct Metal Laser Sintering or DMLS technology segment is the most preferred category for the global 3D printing market that contributes for almost 23% of the overall size.
On the Basis of application, prototype segment dominates the 3D printing market trends with a market valuation of US$ 10.8 Billion in 2022.
Consumer goods or electronics manufacturing is the largest end use vertical of the 3D printing market share that contributes for more 205 of the total sales
The North America 3D printing market share is the largest among all the broad geographical regions. It is estimated to be valued around US$ 8.1 Billion IN 2022 and can reach up to a valuation of US$ 50.3 Billion by the end of the forecast period in 2032.

Competitive Landscape

Some of the well-known packaging 3d Printing market players are Stratasys, Ltd., Materialise, EnvisionTec, Inc., 3D Systems, Inc., GE Additive, Autodesk Inc., Made In Space, Canon Inc., and Voxeljet AG among others.

In line with rising requirement for 3D printing applications in several industrial verticals for manufacturing and innovation purposes, 3D printing market key players are consistently improving the technology. The leading 3D printing companies are spotting opportunities for business evolution through the use of additive manufacturing into the procedures for developing new products.

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3D Printing Market by Segmentation

By Component:

3D Printers
3D Printing Services
3D Printing Software
Consulting Services
Support Services
Others

By Technology:

Digital Light Processing (DLP)
Direct Metal Laser Sintering (DMLS)
Electron Beam Melting (EBM)
Fused Deposition Modelling (FDM)
Selective Laser Sintering (SLS)
Stereolithography
Others

By Application:

Production Parts
Prototypes
Tools & Fixtures

By Industry :

Aerospace & Aeronautics
Automotive
Consumer Goods
Healthcare & Medical Devices
Industrial
Others

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By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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Automated Parcel Delivery Terminals Market review Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2032

According to industry estimates, the global market for automated parcel delivery terminals market review will reach US$ 720 million by 2022 and is expected to reach US$ 2 billion by 2032, with a CAGR of 10.9 percent from 2022 to 2032.

With a growing demand for more deliveries and increasing pressure for shorter response times, there is a growing need for shorter transportation times in the market’s automated parcel delivery terminals. The rising popularity of online medicine delivery apps and same-day delivery systems has resulted in a significant increase in the market for automated parcel delivery terminals.

The use of automated parcel delivery systems in the market is expected to outpace the growth of e-commerce businesses and internet penetration. Global digitization, the global promotion of cashless payments, and the expansion of logistics businesses have all contributed to the market’s recent growth.

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With the growing adoption of innovative distribution channels, market participants are experiencing new methods of parcel delivery. E-commerce firms, retailers, and manufacturers are collaborating to meet consumer demands in real time while reducing operational costs. Companies are integrating technological advances such as proactive maintenance, facial recognition, remote monitoring, and IoT-based services to provide personalised service to customers. All of these factors are driving market growth for automated parcel delivery terminals.

Key Takeaways:

The market value of automated parcel delivery terminals was US$ 639.9 Mn in 2021 and is projected to reach a value of US$ 720 Million in 2022 with a CAGR of 10.9% during the forecast period.
Indoor Terminal automated parcel delivery terminals segment to expand at a CAGR of 10.5% during the forecast period.
In the forecast period, the shipping and logistics firm is expected to grow at a compound annual rate of 11.3%.
In the U.S., the market is predicted to reach US$ 142.3 Million while growing at a CAGR of 19% during the forecast period.
Japan is expected to reach a CAGR of 17.5% during the forecast period between 2022 and 2032.

“Innovative APMs are being rapidly expanded as part of the long-term goal by vendors in order to establish a nationwide network of APMs and parcel pick-up sites at partner shops in the future, which will help to expand the market.”

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Competitive Landscape

Key Players that have been profiled in the report are Keba AG, Cleveron Ltd., Neopost group, Smartbox Ecommerce Solutions Pvt.Ltd., Winsen Industry Co., Ltd., InPost, TZ Ltd., ByBox Holdings Ltd., ENGY Company and Bell and Howell, LLC. Innovative products and technologies will allow customers to benefit from new technologies.

Key Segments Covered in the Automated Parcel Delivery Terminals Report

By Deployment Type:

Indoor Terminal
Outdoor Terminal

By Ownership:

Retailers
Shipping/Logistics Companies
Government Organization
Others

By Region:

North America
Europe
Asia Pacific
The Middle East and Africa
Latin America

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Zeolite for Detergents Market | Global Industry Overview and Competitive Landscape till 2028

Future Market Insights delivers key insights on the global zeolite for detergents market in its latest report titled ‘Zeolite for Detergents Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’.

The long-term outlook of the global zeolite for detergents market remains positive with the market value expected to increase at a CAGR of 2.7% during the forecast period (2022 – 2028).

Among product type segments, the Zeolite A segment is expected to expand at a significant CAGR in terms of value and volume over the forecast period. The global sales of zeolite for detergents is estimated to be valued at US$ 1,494.9 Mn by the end of 2022.

North America is estimated to account for a value share of 24.7% in the global zeolite for detergents market by 2022 end and it is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on drivers and restraints likely to impact the market during this period.

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Zeolite for Detergents Market: Dynamics Influencing Revenue Growth

Increasing demand for powder and liquid detergents across the globe is the key driving factor for the growth of the zeolite for detergents market. Moreover, restrictions or limitations on the use of phosphate compounds in detergents across the globe result in an increase in the demand for zeolites as alternative materials.

Further, with growing economic prosperity, rising disposable income and increasing purchasing power, the demand for personal care and home care products is increased in developing countries. This increasing demand will in turn help drive raw material markets such as zeolite, surfactant, and additive, among other.

Further, increasing demand for and consumption of eco-friendly alternative products across the globe provide impetus for the growth of the zeolite for detergents market. Further, several zeolites manufacturers are focusing on providing customized product offerings in order to gain a competitive edge over other players.

Zeolite for Detergents Market: Segmentation Analysis

The zeolite for detergents market can be segmented on the basis of product type as Zeolite A, Zeolite P and Zeolite X & AX.

On the basis of product type, the zeolite A segment is estimated to dominate the market in terms of value over the forecast period
The Zeolite X and AX segment is estimated to grow with a significant CAGR as compared to other types over the forecast period. It is expected to represent a total incremental opportunity of US$ 52 Mn between 2022 and 2028

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Zeolite for Detergents Market: Regional Market Projections

North America is expected to dominate the market with a 24.7% market share in terms of revenue in the global zeolite for detergents market by the end of 2022. After North America, Western Europe is expected to account for a dominant revenue share in the global zeolite for detergents market through 2028.

The China market is projected to hold a significant market share in terms of value in the global zeolite for detergents market over the forecast period, exhibiting a CAGR of 3.0%.

Zeolite for Detergents Market: Vendor Insights

Some of the players reported in this study on the global zeolite for detergents market are PQ Group Holdings Inc., Chalco Shandong Advanced Material Co. Ltd, National Aluminium Company Limited, Anten Chemical Co. Ltd., Silkem d.o.o., IQE Group, Gujarat Credo Mineral Industries Ltd., Sachem Inc., Huiying Chemical Industry (Xiamen) Co. Ltd., Manek Group (Manek Mineral), Kunjan Silicate Pvt. Ltd., Fujian Risheng Chemical Co. Ltd., Guangzhou Hengbang Fine Chemical Co. Ltd., Huiying Chemical Industry (Quanzhou) Co. Ltd., and Luoyang Jianlong Chemical Industrial Co. Ltd., among others.

What was the Impact of COVID-19 Crisis on Zeolite for Detergent Business?

Covid-19 pandemic had put a dent on the chemical industry, which is expected to get the recovery in second half of 2021. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of zeolite for detergent.

However, the pandemic led to the products used in households soaring high. Zeolite for detergent was increasingly used in households in the pandemic as a replacement to phosphate type builders.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects for detergent zeolite. Increasing prospects of zeolite A for use in detergents as a detergent builder are also expected to boost demand for the zeolites in the forthcoming years.

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Frequently Asked Questions

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Fiberglass Market | Future Plans and Industry Growth with Quantitative And Qualitative Analysis by 2032

Future Market Insights newly published market report, “Fiberglass (Glass Fiber) Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028,” examines the Fiberglass (Glass Fiber) Market and offers crucial market insights for the next ten years.

According to the global fiberglass (glass fiber) market report, the rovings segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end.

The fiberglass (glass fiber) market is expected to register a CAGR of 4.3 % during the forecast period (2022 – 2028). The global fiberglass (glass fiber) market is expected to expand at a CAGR of 4.3 %, accounting for US$ 13.1 Bn by the end of 2028.

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Global Fiberglass (Glass Fiber) Market Dynamics

With the growing need for developing walls, doors, windows, and roofs, demand for fiberglass is likely to remain high in the construction industry. Glass fiber is also used as a composite in the construction industry.

Manufacturers are utilizing GFRC (glass fiber reinforced concrete), which contains hydrated cement, glass fibers and sand for diverse construction purposes. Incorporation of the fiberglass enables manufacturers to integrate robust features such as anti-corrosiveness, high compressive strength, tensile strength and lightweight.

In addition, manufacturers prefer utilizing fiberglass pertaining to the low maintenance cost and erosion. On the account of these factors, growth of the global market is expected to remain positive over the coming years.

Further, growing number of construction projects in various developing countries such as India, Brazil, and China have led manufacturers to invest in fiberglass as an effective insulation component. As fiberglass continues to remain a cheaper alternative for insulation in the construction industry, the global fiberglass (glass fiber) market is likely to witness a significant growth during the forecast period

However, increasing instances of health hazards such as rashes on the skin, irritation in eyes and stomach and soreness in throat and lungs among workers and constructors due to fiberglass have posed challenges to the market growth.

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As the small glass fibers have the ability to reach the lower parts of internal organs such as stomach, lungs, and skin, risks related to adverse health effects continue to persist.

Due to the adverse health effects of fiberglass, manufacturers are looking out for cheaper and safe alternatives. Based on these factors, growth of the global fiberglass (glass fiber) market is likely to face headwinds during the forecast period

Major players identified in the fiberglass (glass fiber) market are focusing on increasing their production capacities and acquisition to enhance their operational efficiency, and product portfolio.

Also, strategic collaboration and joint venture witnessed among leading market players are likely to improve sales and distribution network. Due to these factors, growth of the global market is expected to gain speedy momentum during the forecast period.

Global Fiberglass (Glass Fiber) Market Forecast

On the basis of glass type segment, the E-class glass type segment is anticipated to be a leading revenue contributor in the fiberglass (glass fiber) market. The segment is estimated to lead the overall fiberglass (glass fiber) market, accounting for an estimated share of almost 86% in terms of volume in 2021. Further, this segment is expected to register a CAGR of 4.1% over the forecast period.

On the basis of regions, China is anticipated to dominate the global fiberglass (glass fiber) market throughout the forecast period in terms of growth. The China fiberglass (glass fiber) market is expected to expand at a CAGR of 5.0 % during the forecast period.

Also, the North America fiberglass (glass fiber) market is anticipated to register a CAGR of 4.4% during forecast period. These regions are expected to register the fastest growth in the global fiberglass (glass fiber) market during the forecast period.

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Global Fiberglass (Glass Fiber) Market Competitive Landscape

Some of the players identified in the global fiberglass (glass fiber) market are Owens Corning, PFG Fiber Glass Corporation, CPIC Abahsain Fiberglass M.E., W.L.L., Chongqing Polycomp International Corp, and Jushi Group Co., Ltd. among others. Over the recent past, the industry players have focused on acquisitions and increasing their production capacities to meet the growing demand from various end-user industries.

Frequently Asked Questions

At what CAGR is the fiberglass market expected to rise over the forecast period (2022-2028?
How much is the global fiberglass market worth as of now?
What will be the possible valuation of the fiberglass market by 2028?
What market statistics are mentioned for the period of 2013 to 2021?
What market share is held by North America?

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Cold Rolling Oils/Lubricants Market | Growth, COVID Impact, Trends Analysis Report Forecast to 2031

The estimated value of the global cold rolling oils/lubricants market in 2022 is US$ 14.5 Bn and is expected to expand at a CAGR of 5.6% in order to reach US$ 18.2 Bn by the end of 2028. A new report by Future Market Insights examines the cold rolling oils/lubricants market and offers crucial market insights for the next 10 years.

According to the report, the market is anticipated to witness increasing demand for cold rolling oils/lubricants owing to upsurge in demand for rolled products. In terms of value, the steel material type segment is anticipated to dominate the global market throughout the forecast period and is expected to register a CAGR of 5.6% during the forecast period (2022 – 2028).

Global Cold Rolling Oils/Lubricants Market: Dynamics Impacting Growth

The global cold rolling oils/lubricants market is estimated to be driven by increasing production of steel and aluminum across the globe. Healthy growth in the global automotive industry will also be a prime factor supplementing market revenue growth.

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Growing local and foreign direct investments in the industrial sector, especially in developed countries in North America, Europe and Asia will also upsurge the demand for cold rolling oils/lubricants over the forecast period.

Moreover, increasing demand for aluminum and steel sheets in the automotive industry is anticipated to be a prominent factor pushing revenue growth of the global cold rolling oils/lubricants market in the near future. Strategic expansion in key markets is expected to remain a major focus area for leading players in the global cold rolling oils/lubricants market.

On the other hand, one of the major challenges faced by cold rolling oils/lubricants manufacturers is the fluctuating price of raw materials, which is anticipated to restrain revenue growth of the cold rolling oils/lubricants market over the forecast period.

Moreover, stringent environment regulations associated with the use of cold rolling oils/lubricants is also expected to hinder the growth of the market during the forecast period. Leading players in the market are investing heavily in research and development as a major part of their growth strategy to launch new and innovative products in the global market.

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Global Cold Rolling Oils/Lubricants Market Forecast

On the basis of product type, the synthetic segment is estimated to account for about 38.0% market value share by 2022 end. This segment is expected to register a CAGR of 5.0% over the forecast period. In terms of value, the synthetic segment is anticipated to hold major share owing to high demand from steel and iron manufacturers.

On the basis of material type, the steel segment is expected to dominate the overall revenue generated in 2022 followed by aluminum. This segment is expected to expand at a CAGR of 5.5% over the forecast period.

On the basis of region, China is anticipated to dominate the cold rolling oils/lubricants market both in terms and value and volume. Increasing steel production and metal processing activities in China are expected to support the growth of the cold rolling oils/lubricants market over the forecast period.

Global Cold Rolling Oils/Lubricants Market: Competitive Landscape

Some of the players reported in this study on the global cold rolling oils/lubricants market are Croda International PLC, Exxon Mobil Corporation, Total S.A., BP plc., Indian Oil Corporation Ltd, Eastern Petroleum Pvt. Ltd., Hindustan Petroleum Corporation Limited, Houghton International Inc., Jiangsu Gaoke Petrochemical Co., Ltd., ETNA Products, Inc., Petroyag Lubricants, Buhmwoo Group, and Ricci S.p.A.

Key Segments of Cold Rolling Oils/Lubricants Industry Survey

Cold Rolling Oils Market by Product Type:

Synthetic Cold Rolling Oils/Lubricants
Semi-Synthetic Cold Rolling Oils/Lubricants
Mineral Based Cold Rolling Oils/Lubricants

Cold Rolling Oils Market by Material:

Steel
Copper
Aluminium
Others (Titanium, etc.)

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Frequently Asked Questions

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In terms of CAGR, how is the cold rolling oils/lubricants market predicted to rise?

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Aluminum Fluoride Market | Size, Latest Trends, Regional Insights Dynamics By 2031

The global aluminum fluoride industry suffered majorly in the on-set of the COVID-19 pandemic earlier in 2020. While shutting down of manufacturing hubs, decline in demand from end-use industries, and financial crisis took a toll on industry players, the recovery in construction, ceramic and other key end-use sectors is helping them in getting back on track since the last quarter of 2020.

According to the latest edition of the report on ‘aluminum fluoride’ market study by Future Market Insights (FMI), aluminum fluoride suppliers will come across new opportunities owing to its requirement in chemical intermediates and residential, commercial, & industrial construction projects during the forecast period of 2021 to 2031.

The report also provides with a thorough analysis of the demand-supply patterns, growth & restraining and other crucial factors for key players in the industry across the globe.

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Key Takeaways from Study

Application in Aluminum, fluorocarbons, and ceramic to fuel the sales
Metallurgical grade aluminum fluoride to spearhead the demand growth
Dry process followed by wet process to gain traction in terms of production routes
The United States to remain dominant in the world’s largest aluminum fluoride industry North America
Germany to sustain in the leading position in Europe aluminum fluoride industry
China, Japan, South Korea, the United Kingdom, Canada, India, and a few other countries to remain hotspots for stakeholders in this industry

“With the industrial, residential, and commercial construction projects gaining momentum again, aluminum fluoride suppliers will come across ample of opportunities to excel in this field. Furthermore, demand from automotive industry to reduce the weight of vehicles in order to comply with emission norms will widen the growth scope for manufacturers. However, the overall recovery rate for automotive sector is still sluggish yet hopeful for aluminum fluoride suppliers,” says an FMI analyst.

How Demand in Construction Industry Paving New Paths for Aluminum Fluoride Manufacturers?

Being temperature and pH regulating agent and solubility enhancer, aluminum fluoride has extensive application in building and construction industry. As these sectors are gaining back the position after getting battered by the pandemic outbreak in 2020, aluminum fluoride manufacturers are subject to come across lucrative growth scope from this sector.

As stated in the report titled “Mexico- Construction” published by the Select USA in October, 2019, the construction sector in Mexico comprises of building, materials, and advanced innovations such as sustainable building technologies, seismic stabilization, and others and is a best prospect industry sector in Mexico.

According to the report, the total industry value increased to US$ 94.8 Billion in 2019 from US$ 94.61 Billion in 2016 and is forecast rise steadily after getting over the turmoil due to the pandemic. The statistics gives an idea regarding the new opportunities awaiting for aluminum fluoride manufacturers across the world.

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Some of the key players supplying aluminum fluoride are-

Alufluoride Ltd.
Rio Tinto Plc
Tanfac Industries Ltd.
Fluorsid S.p.A
Mexichem S.A.B. de C.V.
Industries Chimiques du Fluor (ICF)
PhosAgro PJSC
Do-Fluoride Chemicals Co., Ltd
Pingquan Greatwall Chemical Co., Ltd.
Gulf Fluor
AB Lifosa
Alufluor AB
Derivados del Fluor

More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the aluminium fluoride market, providing historical data for the period of 2016-2020, and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of grade (metallurgical grade, and other industrial grade), and application (aluminium, fluorocarbons, ceramics, and chemical intermediate), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Aluminum Fluoride Market Segmentation by Category

Grade:

Metallurgical Grade
Other Industrial Grade

Application:

Aluminum
Fluorocarbons
Ceramics
Chemical Intermediate

Frequently Asked Questions

Which are the top companies providing aluminium fluoride?
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Which grade is highly sought-after in aluminium fluoride industry?

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