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Fine Hydrate Market Is Expected To See a growth of 7.2% | Future Market Insights

In a recent market survey, Future Market Insights (FMI) has projected the global fine hydrates market size to total US$ 371.6 Mn in 2021, with sales growing at a robust 7.2% CAGR throughout the forecast period.

Growing demand for fine hydrates for the production of thermoplastics, polyester resins, and engineered plastic from various end-use industries is expected to drive growth of the market. As per FMI, demand for fine hydrate is expected to grow year-over-year by 7.40% between 2020 and 2021, with total volume reaching 531.1 Mn Tons in 2021.

Fine hydrates are increasingly adopted in the automotive sector to produce lightweight vehicles. Shifting consumer preference for lighter vehicles driven by stringent regulations to curb carbon emissions is expected to have a positive impact on demand for fine hydrates in the forthcoming years.

Besides this, fine hydrates are used in the paints and coatings industry for improving the color payoff in pigments and enhancing transparency in coatings. Rising focus on the visual appeal of automobiles is spurring demand for fine hydrates in the paints and coatings segment for automotive refinishing. This trend is expected to bode well for the fine hydrate market.

The advent of nanotechnology to reduce the particle size of fine hydrate will continue propelling sales over the forecast period. Smaller particle size of fine hydrates will make them more effective in fire retardants, which in turn will fuel prospects for the sales in the market.

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As per the report, the U.S., Germany, and China are projected to emerge as key exporters of fine hydrates. Demand for fine hydrates in the automotive sector in the U.S. is expected to remain high. Meanwhile, expansion of the construction and consumer electronics sector will continue augmenting sales in Germany and China.

“Growing demand for non-halogenic fire retardants made from eco-friendly materials is expected to fuel the demand for fine hydrates. Apart from this, increasing adoption of fine hydrates in nanoclays for applications in wires and cables in the construction sector will continue augmenting growth of the market through 2031,” says an FMI analyst.

Key Takeaways:

In terms of applications, sales of fine hydrate in the cable compound segment are projected to remain high over the forecast period.
The U.S. is expected to dominate the North America fine hydrate market. Sales in North America are projected to rise at 5.20% CAGR.
Germany will emerge as a lucrative fine hydrate market. Demand for fine hydrate in Europe is anticipated to increase at 6.4% CAGR through 2031.
Sales of fine hydrate in China are projected to continue rising, positioning it as an attractive fine hydrate market in East Asia.
Japan and South Korea will collectively account for 6.9% of the total fine hydrate market share in 2021.

Competitive Landscape

Nabaltec AG, Huber Engineered Materials, Hindalco Industries Limited, Sumitomo Chemical Co. Ltd., Alumina Castables & Chemicals Private Limited, Aluminium Corporation of China Limited (CHALCO), JINAN CHENXU CHEMICAL CO., LTD., and Henan Kingway Chemicals Co., Ltd are among the leading manufacturers of fine hydrate.

As per FMI, top 5 fine hydrate players comprising Huber Engineering Materials, Nabaltec AG, Hindalco Industries Ltd., Aluminum Corporation of China Limited, and Sumitomo Chemicals Co. Ltd are expected to command 55-60% of the total fine hydrates market in 2021.

Leading fine hydrate market players are aiming to expand their production facilities through mergers, acquisitions, and joint ventures to gain a competitive edge in the market. Further, players are investing in research and development to diversify applications of fine hydrates in various end-use industries. For instance:

In August 2020, Nabaltec AG, announced the opening of their latest U.S. production facility called Naprotec LLC located in Chattanooga, Tennessee. The new state-of-the-art plant is dedicated to the production of a wide variety of Alumina Trihydrate (ATH), fine precipitated ATH grades, and performance enhanced ATH products.

More Insights into the Fine Hydrate Market Report

In its latest report, FMI offers an unbiased analysis of the global fine hydrate 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 applications (cable compound, sheet molding compounds, and bulk molding compounds) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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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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Industrial and Institutional Cleaning Chemicals Market Size to Reach US$ 144.35 Bn by 2032

The global industrial & institutional cleaning chemicals market is set to witness an impressive growth rate of 7.3% over the forecasted years of 2022 to 2032. The industrial & institutional cleaning chemicals market size is anticipated to reach a valuation of around US$ 144.35 Billion by the end of year 2032 from the current valuation of US$ 71.35 Billion in 2022.

Their widespread use in cleaning stubborn soil stains, oily stains, hard-floor surfaces, and more is what accounts for the significant industrial and institutional cleaning chemicals market share in the present times. All-purpose cleansers and a range of disinfectants and sanitizing chemicals are needed in retail stores, department stores, different public institutions including colleges, recreational areas, courts that has surged the demand for industrial and institutional cleaning chemicals.

The industrial and institutional cleaning chemicals market size is primarily impacted by the growing sales of the commercial end-use segment. Demand for is rising, particularly in the foodservice and healthcare sectors, which must adhere to strict hygiene requirements. On the other hand, disinfectants and sanitizers have emerged to be a crucial type of product and are extensively used in cleaning industry solutions.

The global industrial and institutional cleaning chemicals market has benefited from the increased demand for the solvent sector from various industries as it substantially adds to the industry’s development and revenue. As it is yet another very basic ingredient used in the creation of chemical cleansers that is observed to have augmented the emerging trends in industrial and institutional cleaning chemicals in the present market.

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In addition, the need for disinfectants and sanitizers has skyrocketed ever since outbreak of the Covid-19 epidemic overtook with a greater need for proper cleaning, appropriate hygiene requirements, and preventative measures to limit the virus from spreading. These factors together have contributed to the global expansion of the industrial and institutional cleaning chemicals market opportunities in general and disinfectants and sanitizers products in particular.

Key Takeaways from Market Study

The overall growth of the global industrial & institutional cleaning chemicals market is estimated to be absolutely US$ 73 Billion over the next ten years by following the average CAGR of 7.3%.
A little under 33% of the market for industrial & institutional cleaning chemicals comes from the general purpose cleaning category.
Globally North America is the dominant region for the industrial & institutional cleaning chemicals market by the presence of prominent market players
Asia Pacific promises a lucrative growth for the industrial & institutional cleaning chemicals market share during the forecast years of 2022 to 2032.

Competitive Landscape

Some of the well-known industrial & institutional cleaning chemicals market players are Procter & Gamble, BASF SE, Clariant, The Clorox Company, Inc., Henkel AG & Co. KGaA, 3M, Kimberly-Clark Corporation, Reckitt Benckiser Group plc, Croda International PLC, Albemarle Corporation, Eastman Chemical Corporation, Huntsman International LLC, STEPAN Company, Westlake Chemicals Corporation, SOLVAY, Dow, and Sasol among others.

Recent Developments in the Global Industrial & Institutional Cleaning Chemicals Market:

Tasman Chemicals, a supplier of sanitary and cleaning additives for several industries, including institutional and others, was acquired by Diversey Holdings Ltd in August 2021, according to a press release.
Azelis said in April 2021 that it has signed a contract to buy the distribution assets of Nortons Exim Private Limited and Spectrum Chemicals, two Indian businesses that provide a range of cleaning chemicals for industrial purposes. This acquisition is therefore expected to help Azelis grow its cleaning agent chemical operations.

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Industrial & Institutional Cleaning Chemicals Market By Segmentation

By Raw Material:

Chlor-alkali
Surfactant
Solvents
Phosphates
Biocides
Others

By Product Type:

General Purpose Cleaners
Disinfectants and Sanitizers
Laundry Care Products
Vehicle Wash Products

By End Use Verticals:

Commercial
Manufacturing

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U.S.Lime Market to Register Highest CAGR of 3.7% through 2026

Lime is a low-cost, high-volume commodity obtained from heating limestone that is widely used in the United States. There are two varieties of lime commonly accessible on the market: quick lime and hydrated lime, which are utilized in a variety of industries such as metal processing, cement manufacture, pulp and paper processing, and so on.

Lime sales in the United States are expected to generate $2,538.1 million in revenue by the end of 2016. The lime market in the United States is expected to grow at a 3.7% CAGR between 2016 and 2026.

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Segmentation highlights

The U.S lime market is segmented on the basis of Product Type into Quick Lime and Hydrated Lime; and on the basis of Application into Cement Manufacturing, Metal Manufacturing, Chemical (Water Treatment, Flue Gas, Others), Fertilizer, Pulp & Paper, and Others.

The Quick Lime product type segment is expected to account for a market value share of 83.3% by 2016 end and is expected to gain 90 BPS over the forecast period
The Hydrated Lime product type segment is projected to account for a market value share of 16.7% by 2016 end and is estimated to be pegged at 2,967 KT in terms of volume by 2016 end
The Metal Manufacturing application segment is anticipated to account for a market value share of 32.8% by 2016 end and is estimated to be pegged at 6,614 KT in terms of volume by 2016 end
The Chemical application segment is likely to account for a market value share of 33.3% by 2016 end and is anticipated to be pegged at 6,724 KT in terms of volume by 2016 end

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Regional projections

The U.S lime market is segmented into the key regions of Northeast, Midwest, South, and Western. The Northeast U.S. lime market is estimated to account for a value share of 7.1% of the U.S lime market by 2016 end. Demand for lime in the Northeast U.S lime market is expected to be driven by water treatment plants. The Western U.S. lime market is estimated to account for a market value share of 16.7% by 2016 end, owing to an increasing production in the paper and pulp manufacturing industries.

Vendor insights

The report profiles a few leading companies operating in the U.S lime market such as Mississippi Lime Company, Linwood Mining & Minerals Corporation, United States Lime & Minerals Inc., Lhoist, Valley Minerals LLC., CHENEY LIME & CEMENT COMPANY, Pete Lien & Sons Inc., CARMEUSE, and Graymont Limited. Top market players are increasing their production facilities and introducing advanced technology and tools to cater to market demands, besides adopting strategies such as acquisitions and partnerships to expand geographically and increase market share.

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Decorative Paints Market will Record a Sluggish 4.3% CAGR through 2031

According to Future Market Insights (FMI), the decorative paints market will be worth more than US$ 57.8 billion in 2021. The increased development of residential, commercial, and institutional buildings around the world is predicted to fuel the decorative paints business. During the assessment period of 2021 to 2031, the market is expected to increase at a CAGR of 4.3%.

FMI further predicts that the global decorative paints market would expand by 4.0% year on year in 2021. The decorative paints business is being driven by factors such as rising demand for interior decorations, home renovations, urbanization, industrial growth, and infrastructural expansion.

Given this, FMI expects the market to be worth US$ 87.8 billion by the end of 2031. In 2020, the decorative paints market accounted for roughly 40% of total paint and coatings sales.

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“Local and foreign investments in the emerging economies of Asia for catering to construction demand have been increasing. This is in turn fuelling the demand for decorative paints. Consumption of decorative paints especially for interior applications will continue increasing as focus on improving interior décor grows across the globe,” says an FMI analyst.

Key Takeaways:

Water based decorative paints will replace the solvent based paints due to their comparatively better performance characteristics over the latter. The segment is expected to witness a growth 4.4% CAGR over the coming decade.
Interior application of decorative paints is projected to account for more than 75% of the market share in 2021 in Europe.
By formulations, emulsion segment is estimated to witness a year-on year growth of 3.7% in 2021.
Sales of decorative paints in the U.S. are estimated to grow by a CAGR of 4.3% during the assessment period.
India is expected to emerge as an attractive decorative paints market, with sales expected to grow by 5.2% CAGR over the coming decade.
China is expected to account for about 70% of the East Asia decorative paints market share in 2021.
Japan and South Korea to collectively account for about 8.8% of the total decorative paints industry share by 2021 end.

Competitive Landscape

Key participants in the global decorative paints market elaborated in the report includes Azko Nobel, Sherwin Williams Company, Asian Paints Ltd., Nippon Paints, Valspar Corporation, Jotun, BASF-SE, RPM International Inc., KANSAI Paints Co., Ltd. and Berger Paints.

The decorative paints industry is oligopolistic with a few big players constituting a larger portion of the sales. It also have higher barriers to entry in distribution networks and brand equity. Key players are focusing on mergers and acquisitions strategies to boost their market presence.

Some of them are even focusing on product development by investing a considerably in research and development. Others are focusing on increasing the production capacity to improve their annual turnover. For instance:

Eastman Chemical plans to invest for a significantly increase in its capacity to produce tertiary Decorative Paints (DIMLA) at its facility in Ghent, Belgium, by the end of 2021.

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More Insights into the Decorative Paints Market Report

In its latest report, FMI offers an unbiased analysis of the global decorative paints 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 product type (water based paints and solvent based paints), formulation (emulsion and distemper), applications (interior and exterior), sales channel (offline and online) and price (premium, medium and economical) across six regions (North America, Latin America, Europe, East Asia, South Asia and Pacific and Middle East & Africa).

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Electric Rice Cooker Market is Anticipated to Witness Maximum Growth in The Coming Years

Automation of the rice cooking process by electronically or mechanically controlling heat and timing is done by electric rice cookers. Rice Cookers have established themselves as a major kitchen appliance in the last 10 years spanning a significant number of households in the urban space.

Electric rice cookers are controlled by a thermostat that measures the temperature of the cooking vessel and controls the heat.

The major attributes for electric rice cookers to be a popular cooking appliance has been is array of cooking programs which enables to cook all kinds of grains, different kinds of rice oatmeal as well as polenta, vegetables, soups and stews.

Key manufacturers in the market are focusing on product development with the introduction of functional features such as microwave and dishwasher safe materials, warming settings and steaming baskets etc.

Appliances that are comforting as well as fit for fast paced life have found significant space in the recent routines. Time saving appliances ae preferred over price by consumers in the developing economies.

The rise in the number of working professionals has further contributed towards the growth in the electric rice cooker market globally. Owing to the above mentioned factors, global electric rice cooker market is anticipated to witness maximum growth in the coming years.

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Electric Rice Cooker Market: Dynamics

The rise in disposable income in developing countries such as India, China and Brazil urban clusters has resulted in increase in the spending and the elevated demand for effort savings electric rice cookers.

Low energy consumption costs have also proved to be a pivotal factor for the consumers as against rising prices of cooking gas is also significantly contributing to the growth in global electric rice cookers market. Readily available product customization further has positively impacted to the growth of Electric Rice Cookers market.

The COVID-19 pandemic has impacted the global economy at various levels where overall consumer spending activity has reduced to a considerable extent. As a result, a substantial slowdown in home appliances has been witnessed in the first 2 quarters of 2020 has been witnessed.

However, use of rice cookers as an essential item can also act as a leverage for its sales for individuals residing in remote and inaccessible areas. The overall global Electric Rice Cookers market growth curve is expected to recover within the next 4 quarters.

Electric Rice Cooker Market: Regional Outlook

With rice being the key staple diet in the Asia Pacific region, the Electric Rice Cookers will continue to witness elevated demand in the coming years.

Growth in demand for premium products in U.S. and various European countries is anticipated to create significant opportunities for the global Electric Rice Cookers market. Africa and Latin America are both estimated to witness steady growth in the demand for the Electric Rice Cookers in the coming decade.

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Electric Rice Cooker Market: Key Participants

Some of the key market participants in the global Electric Rice Cookers market, identified across the value chain include:

Toshiba Corporation
Conair Corporation
TTK Prestige Ltd.
Sunbeam Product Inc.
AB Electrolux
Panasonic Corporation
Groupe SEB
Breville Group
Bajaj Electricals Limited
Koninklijke Philips N.V.
Ali Group Srl
Wonderchef Home Appliances Pvt. Ltd.
Newell Brands (Oster)

The research report on the Electric Rice Cookers market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Electric Rice Cookers market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.

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The report covers exhaustive analysis on

Electric Rice Cookers Market Segments
Electric Rice Cookers Market Dynamics
Electric Rice Cookers Market Size
New Sales of Electric Rice Cookers
Current Trends/Issues/Challenges in the Electric Rice Cookers Market
Competition & Companies Involved in Electric Rice Cookers
New Technology for Electric Rice Cookers
Value Chain of the Electric Rice Cookers Market

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 global Electric Rice Cookers market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Electric Rice Cooker Market: Segmentation

The global Electric Rice Cookers market can be segmented on the basis of Product Type and Application and Distribution Channel.

On the Basis of Product Type

Standard
Multifunctional
Induction
Others

On the Basis of Application

Household
Commercial

On the Basis of Distributional Channel

Online
Offline

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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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Fabric Starch Market : Value Chain, Stakeholder Analysis and Trends by 2030

The fabric starch used by launderers also helps protecting fabric from stains, and washes tough stains out if starch is applied on the cloths. Long term use of fabric starch also ensure of holding the ironed appearance for longer period.

Starch has long been used in households and also by launderers for providing a clean and crisp appearance to the fabric, largely apparels. Use of starch on apparels often results in easy ironing process, thus fabric starch is regularly used by launderers worldwide.

Fabric starch market stakeholders waited for long to move away from specialty product category to frequently bought product aisle in retail superstore. It was the rise of e-Commerce when the true potential of the product was unveiled. Leading fabric starch brands reported pleasing sales numbers once they were digitally present.

e-Commerce also enabled brand’s reach to regular households, which were earlier restricted to professional fabric care service providers such as launderers. Digital platforms are being actively used by large and small companies operating in fabric starch market to communicate effectively with their customers.

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Experimenting with Formulation and Marketing Strategy Aligned Well with Fabric Starch Market Growth

Starch is a carbohydrate produced primarily sourced from plants. It is used in the laundering and dry cleaning industry as a stiffener for fabrics. Starch used by commercial dry cleaning and laundry service providers are made up corn starch, wheat starch, and synthetic starch.

Over the years brands have ideated multiple fabric starch formation which offers extra conditioning to the fabric. Companies brandish such claims and have been reported to be benefits. Some of such value added fabric starch available in the market include scented starch spray, wrinkling and soiling resistant fabric starch etc.

Leading fabric starch manufacturing companies have demonstrated their R&D capabilities and developed multiple such formulation. A majority of fabric starch introduced in the market were marginally different from one another, yet brand owners effectively marketed the claims.

The market strategy of claims seems to be paying-off for brands, as till December 2019 a steep rise in consumer spending on fabric care products was registered. Though all stories do not unfold in manner marketers expect it to be.

Reduced Economic Activity Due to Covid-19 Created a Stress on Fabric Starch Market

Most of the economic activities remained sluggish in 2020, and most of people were working from home. This situation practically minimized the use of fresh, ironed and crease free apparels, as individuals preferred wearing casuals while working from home.

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This prevailing trend created cascade effect on many of the product, and fabric starch is one of such product. Though fabric starch accounts for even less than one percent of overall retail sales, but is key for the companies operating in this business.

Some of the manufacturers in fabric starch market had sufficient inventory, and were ready to supply it to retailers on their call. However, frugal consumer sentiment in the first half of 2020 limited fabric starch sales to less than 55% comparing against Y-o-Y 2019.

The global wrinkle release spray market witnessed dent right at the moment when it was about to exhibit over at par growth.

Europe and North America Continues to Dominate the Global Fabric Starch Market

Professional grade fabric starch is available in retail market of North America and Europe for many years, and these markets are relatively matured. With market position on maturity curve of PLC, fabric starch brands have limited scope of improving retail visibility.

Leading brands have occupied shelve space as well as digital platform, as they took advantage or early movers.

Unlike the west, eastern fabric starch markets are relatively embryonic in nature. A small portion of customer out of meteoric potential customer pool, identifies fabric starch as a separate fabric care product.

Even a fractional share of such customers add it to their shopping carts. Since, being at embryonic stage, the Asian markets offer meteoric scope of growth for wrinkle release spray brands, but the these regional clusters are still dominated by local brands, and at times prefer conventional method of starching cloths.

Asian countries collectively contributed to less than 18% of revenue in global fabric starch market in 2019, whereas Europe dominated sales with slightly over 35% share in the same year.

Despite being a market at embryonic stage and a large population base, Asian markets are yet not ripe for investment. Consumers in high potential countries like China, India, Indonesia etc., will be ready to adopt such products only after 2025.

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Fragmented Fabric Starch Market, Positioned Well for Consolidation

The global fabric starch market is largely characterized by the existence of large number of small brands which primarily operate in one country. North American and European brand seems to outperform their Asian counterpart in terms of expanding regionally, but a large opportunity cluster is yet under the carpet.

North American and European brands have not been able to create a space for themselves in Asian retail outlets. Local brands are still dominating in fabric starch market for China, Japan, South Korea and India. These are high potential markets, and Western brands may opt to consolidate fabric starch market by acquiring companies in these countries.

Some of the key companies operating in global fabric starch market include names like

The Laundress
Best Press
Quilter’s Starch Savvy
Bucko Ironing Spray,
Faultless
Purex etc.

Key Segment

By Product Type

Powdered Fabric Starch
Sprayable / Liquid Fabric Starch

By Source

Corn Starch
Wheat Starch
Synthetic Starch

By Sales Channel

Hypermarket and Supermarket
Online Channels
Big Box Retailer

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Beer Brewing Machine Market to Expand at Over 3.4% CAGR during the forecast period 2022 – 2032

The beer brewing machine market size is likely to hold the global market at a moderate CAGR of ~3.4% during the forecast period. The global market holds a forecasted revenue of ~US$ 42 Billion in 2022 and is likely to cross ~US$ 58.6 Billion by the end of 2032.

The beer brewing machine enables convenient production of freshly brewed homemade beer. Beer brewing machines incorporate advanced features and technologies and exceeds conventional and traditional techniques of brewing beer. Beer brewing machines are available as manually operated and automatic as well. Compact size and easy portability make beer brewing machines seamless for the small scale beer brewing.

The manufacturers offer beer brewing machines in various design, size and capacity ranges along with ability to customize recipes. In addition, high-end beer brewing machines also enable synchronization with smartphones and devices. Beer brewing machines are also employed with automatic cleaning system and installation process is simple.

The practice of homemade beer brewing is gaining more prominence among the consumers. Advent of e-commerce, growing beer consumption and rising stature of customized beer are the factors estimated to augment the growth in demand for beer brewing machine market.

The ongoing COVID-19 pandemic has already hit the global economy harder than the great recession of 2008. The crisis has caused shut down of the manufacturing facilities and supply chains are at halt, resulting in significant dip in the short term demand for beer brewing machines. However, with growing eminence of online sales and service, the market is anticipated to recover sharply post the pandemic period.

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Beer Brewing Machine Market: Dynamics

Beer have significant popularity among consumers from all age-groups. Increasing demand for draught beer and home craft beer among the millennials are the factors primarily driving the demand for beer brewing machines. For instance, as per analysis by AHA (American Homebrewers Association), nearly 1.1 million people in the U.S. fancy craft beer made at home, and 40% of these consumers have inclined towards home brewed beer in last four years.

Increasing per capita income, spending capacity and continuously improving living standards coupled with easy availability of the products required for home brewed beer and convenient operation are expected to create positive prospects for the growth of beer brewing machine market.

The increasing customer inclination towards fresh beer with variety of flavors is expected to ascend industry trends. The manufacturers are providing innovative beer brewing machines equipped with digital thermostats, Wi-Fi connectivity, display controls, multi-tap systems, etc. for more reliable and energy efficient operation. As a result, paving the way for the growth in beer brewing machine market.

Advertising restrictions and regulations for licensing are the reasons expected to restrain beer brewing machine market growth. Lack of attractiveness towards beer consumption, conservative attitude along with cultural restrictions in many Asian countries are also anticipated to create hindrance in the beer brewing machine market growth.

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Beer Brewing Machine Market: Regional Outlook

North America is expected to hold largest share in the global beer brewing machine market. This is attributable to the enhanced standards of living, higher per capita income and prevalence of key manufacturers of beer brewing machines in the region. Aforementioned factors grounds North America to account for more than one third share of the global beer brewing machine market.

The traditions of home brewing are highly concentrated in the European countries. On account of this, Europe is also expected to have substantial share in the global beer brewing machine market. Increasing young population coupled with acceptance of western culture in emerging economies from Asia Pacific and Latin America is expected to create positive growth virtues for the beer brewing machine market growth.

Beer Brewing Machine Market: Key Participants

BREWART
LG Electronics.
Kickstarter, PBC
BREWIE
BrewJacket LLC
PicoBrew Inc.
Home Brew West
MINIBREW BV
Speidel Tank-und Behälterbau GmbH
WilliamsWarn Ltd

The research report presents a comprehensive assessment of the beer brewing machine 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 the beer brewing machine market segments such as geographies, mechanism, size, capacity, and sales channel.

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The report covers exhaustive analysis on

Beer brewing machine Market Segments
Beer brewing machine Market Dynamics
Beer brewing machine Market Size
Beer brewing machine Supply & Demand
Beer brewing machine Current Trends/Issues/Challenges
Beer brewing machine Competition & Companies involved
Beer brewing machine Technology
Beer brewing machine 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 global Beer brewing machine market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The global Beer brewing machine market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The global Beer brewing machine market report also maps the qualitative impact of various market factors on market segments and geographies.

Beer Brewing Machine Market: Segmentation

By Basis of Mechanism:

Manual
Semi-automatic
Fully Automatic

By Size:

Full Size Brewer
Mini Brewer

By Capacity:

Less than 5 liters
5 – 10 liters
10 liters and above

By Sales Channel:

Online
Company Owned Sites
E-commerce Sites
Offline
Supermarkets & Hypermarkets
Specialty Stores
Other retail stores

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Protective Footwear Market is Expected to Foray Ahead with A Higher Single-Digit CAGR Over the Assessment Period

The protective footwear serve the purpose of protecting feet against a wide variety of injuries. Impact, puncture and compression are amongst the major injury types in a workplace environment.

Attributed to stringent workplace safety regulations, the protective footwear market is expected to foray ahead with a higher single-digit CAGR over the assessment period.

Market goliaths consistently putting efforts to come up with innovative footwear solutions has been identified as a recent trend within the industry. For instance, Dunlop, Honeywell, Tingley, Lehigh Outfitters amongst others are witnessed to launch products with optimized material utilization claiming to have not just waterproofing properties but electrical hazard protection and shock absorption as well.

Based on industry requirements, protective footwear are made up of various materials i.e. leather, plastic, rubber, etc. In 2019, leather accounted to hold the highest market share under protective footwear as manufacturers have implemented safety, comfort, aesthetics and other innovation majorly over leather material. Also, this particular material fits in the level wise guidelines of OSHA.

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However, plastic based protective footwear are expected to have a higher growth rate till 2030 attributed towards shifting consumer needs and inclination of market players towards providing aesthetics with a higher degree of protection in a single package.

COVID-19 Impact Insights

COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe, flattening the global economic curve. This in result has disrupted almost every market and protective footwear market has also been affected largely.

COVID-19 pandemic has presented massive disruptions in the demand supply equilibrium across multiple industries, leading towards economic losses at a global level. Plant shut downs in Europe, Asia and North America in the second quarter of 2020 has reduced the production scale of protective footwear.

However, consistently upgrading work place safety measures and COVID-19 guidelines for worker safety would help the protective footwear market to bounce back strongly best by fourth quarter of 2020.

Protective Footwear Market: Regional Outlook

Based on regional split, the report “Protective Footwear Market” takes into account six prominent regions including North America, Europe, Latin America, East Asia, South Asia and Oceania and Middle East & Africa. Of these, Asia Pacific collectively accounts for nearly 40% of the protective footwear market share.

Well-established manufacturing and construction industries necessitates workplace safety norms to be followed, hence penetrating protective footwear in the region at a higher rate.

Further, Europe is expected to turn out as the most promising region under protective footwear market owing to consistent stringent modifications in the work place safety regulations. Also, attributed towards the adventure sports and associated activities, the region would witness high growth rate over the assessment period (2020-2030).

Americas collectively accounts for one fourth of the market share in 2019 and is expected to rise with a higher single digit CAGR. Middle East & Africa accounts for nominal shares under protective footwear market.

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Protective Footwear Market: Key Players

Being a moderately consolidated market, players have dominant presence across regions through streamlined distribution networks.

Honeywell
Coats Group plc
Respirex
Dunlop
integra.boot
Tingley
Rahman Group
COFRA
V.F. Corporation
Rock Fall Ltd.

are amongst the prominent players in protective footwear market accounting for over 65% of the market revenues.Common organic growth strategies of improving footwear design, safety, durability and other associated properties have been witnessed across the regional players.

Moreover, acquisitions and establishing long term supply contracts with the industries and municipalities are providing an upper edge to the market players.

However, regional clusters including Asia and Africa backing the local manufacturers is presenting challenges to global players offering their products at higher price points which in turn is significantly disturbing the overall protective footwear market revenues.

The research report presents a comprehensive assessment of the Protective footwear 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 Protective footwear market report provides analysis and information, according to market segments such as geographies, product type, material type and end use.

The Protective Footwear Market Report Covers Exhaustive Analysis On:

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

The Protective Footwear Market Regional Analysis Includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia and New Zealand , Rest of South Asia & Oceania)
Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

The Protective footwear 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 Protective footwear report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Protective footwear report also maps the qualitative impact of various market factors on market segments and geographies.

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Segmentation Analysis of Protective footwear Market

The global Protective footwear market is bifurcated into four major segments: product type, material type, end use, and region.

By Product Type:

Boots
Shoes
Overshoes

By Material Type:

Leather
Rubber
Plastic
Others

By End Use:

Industrial
Construction
Oil & Gas
Chemicals
Manufacturing
Mining
Pharmaceutical
Others
Adventure sports
Municipalities
Others

By Geographic Regions:

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

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In-Store Signage Market: Top Trends and industry overview to watch for in 2028

Need for cost effective in-store marketing solutions for better communications is one of the key concerns for most of the retailers and brand owners across the globe. It enhances the efficiency of in-store marketing and advertising. Use of in-store signage has been growing exponentially during the last decade. Increasing penetration of modern retail across the globe paves the way in the sales of in-store signage.

They are popular tool for branding and promotion in shopping malls and hypermarkets or to convey some message regarding specific products in the store. In-store signage can be used in portable frames in retail store or big promotional displays. Furthermore, they are used for various applications such as indoor graphic displays, retail signs, POP displays, and special advertisement regarding any discount offers or sale within a store. Overall, the outlook for the growth of global in-store signage market is expected to be positive during the forecast period.

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Need for In-store signage

In retail industry, in-store signage plays an effective role in generating sales and in-store advertising. It is used for in-store marketing, which helps in creating brand image among the customers. In-store marketing helps in establishing a rich brand identity for excellent customers’ experience. It is not only to retain existing customer base, but also to grab the attention of new buyers.

In-store signage inside the retail store also helps customers to locate the merchandise. Nowadays, it has been seen that, it is the signage which actually attracts the customers in the store. In-store signage provides visual interaction between brand and customer which is a best way to connect customer to a brand. Today, there are lots of retail chains available in the market with lucrative offers. Interesting and appealing in-store signage actually distinguishes a retailer to its counterparts.

Digital signage are now used in place of conventional signage in stores, and this trend is expected to continue over the next decade. It is due to the reason that digital in-store signage in retail can take the upsell a step further by grouping products together to meet current offers. These factors are anticipated to drive the in-store signage market in the near future. These actually behave as a silent salesman for the store, plus it helps in branding and promotions of respective products.

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Millennials are the target buyers

It has been observed that, millennials prefer in-store purchasing instead of shopping online. They prefer to go to stores to buy products. Below exhibit shows how often millennials go for in-store purchasing. It indicates that, more than 50% of millennials prefer in-store purchasing and rest of them go for mobile and computers, i.e. online shopping for purchasing goods.

Key players in In-store signage market

Estimated Tier Structure of Companies:

Tier 1 Companies in In-store signage market:

It includes companies with revenue above US$ 15 Mn:

Doyle Signs, Inc.
Walton Signage
North American Signs
Jones Sign Company

Tier 2 Companies in In-store signage market:

It includes companies with revenue between US$ 5 Mn to US$ 15 Mn:

Ramsay Signs, Inc.
Baron Sign Manufacturing
Impact Signs, USA
Global Signs, USA
Joslin & Son Signs
Keith Fabry Reprographic Solutions
Signtech Electrical Advertising, Inc.

Tier 3 Companies in In-store signage market:

It includes companies with revenue below US$ 5 Mn:

Sign Pro Inc.
Cummings Signs, Inc.
Priority Sign, Inc.
Anchor Sign, Inc.
American Sign, Inc.
Gordon Sign
Deco-Sign LLC
Casco Signs Incorporated
Back Bay Sign
Comet Signs, Inc.

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Segmentation

The in-store signage market is segmented on the basis of material used, product type, technology used, and end use.

On the basis of material used, the global in-store signage market has been segmented as:

Plastic
Metal
Wood

On the basis of product type, the global in-store signage market has been segmented as:

Headers & merchandisers
Product displays
Floor standing displays
Directional & departmental signage
Others

On the basis of technology used, the global in-store signage market has been segmented as:

Poster based signage
Graphic based signage
Digital signage

On the basis of end use, the global in-store signage market has been segmented as:

Retail Stores
Supermarket & Hypermarkets
Others

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Monobloc Aerosol Cans Market: Global Industry Analysis and Opportunity Assessment; 2022 – 2028

Aerosol cans are widely used for the packaging of the variety of liquid products under specified pressure in different end-use industries such as cosmetics & personal care, automotive, home care, and other industries. However, the aerosol cans find its significant application for the packaging of deodorants in the personal care industry.

The aerosol cans are used to suspend fine particles of any liquid in smoke, gas, mist, or smog form. Aerosol cans made up of a single piece of metal is called monobloc aerosol cans. Monobloc aerosol can is a very efficient packaging solution and maintain the integrity of the product packed inside it. It is an ideal packaging and dispensing product.

The monobloc aerosol cans are increasingly becoming popular for the packaging application of a wide variety of products in toiletries, automotive, home care, insecticides, and personal care industry. Monobloc aerosol cans are generally made up of aluminum material due to its highly recyclable properties. It could be justified by the fact that the processing of recycled aluminum takes 95% less energy than that of energy used in the processing of virgin aluminum material.

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Monobloc Aerosol Cans Market: Market Dynamics

Demand for monobloc aerosol cans is increasing at a much faster rate than before due to the increasing consumer inclination towards personal hygiene products such as deodorants. Also, the increase in demand for home care products such as insect sprays, room fresheners, etc. is also driving the demand for the monobloc aerosol cans in the global market.

However, the demand for this product is also expected to grow with the introduction of new features and the latest innovation in the product which will also create new application prospects for the monobloc aerosol cans. Some of the restraints present in the market is the threat of substitute products or the introduction of new alternative packaging solution which might hamper the growth of this market in near future.

Monobloc Aerosol Cans Market: Regional Overview

On the basis of region, the Monobloc Aerosol Cans market is segmented as North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa, and Japan.

Monobloc aerosol cans market is prevalent in the North America and European region due to the high demand for the personal hygiene products in these regions. The companies are investing on research and development activities to offer lightweight monobloc aerosol cans which would help brand owners to reduce carbon footprint in their value chain. The demand is expected to grow continuously with the same pace in the near future.

Companies are also focusing to achieve consolidation in the market through acquisition and merger strategy. However, the demand for monobloc aerosol cans is increasing but at a slow pace in the developing economies of the Asia-Pacific and Latin America region.

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Monobloc Aerosol Cans Market: Market Players

Some of the key players in the Monobloc Aerosol Cans market are

Pioneer Group,
Tecnocap S.p.A.,
The Metlac Group,
Ball Corporation,
ATP Group,
ALUCON Public Co. Ltd.,
Girnar Group,
LINHARDT GmbH & Co.KG,
Alumatic Cans Pvt. Ltd., and
HAYK Industries.

The Monobloc Aerosol Cans 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 Monobloc Aerosol Cans market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Monobloc Aerosol Cans market report also maps the qualitative impact of various market factors on market segments and geographies.

Monobloc Aerosol Cans Market: Market Segmentation

Monobloc Aerosol Cans Market Segmentation: By Material Type

Aluminum
Steel

Monobloc Aerosol Cans Market Segmentation: By Product Capacity

Up to 100 ml
100 ml to 300 ml
300 ml to 600 ml
More than 600 ml

Monobloc Aerosol Cans Market Segmentation: By End-Use

Personal Care
Home Care
Automotive & Allied Industries
Food
Industrial
Chemical
Pharmaceutical
Insecticides and Pesticides

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