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The dried soup market is set to witness growth at a CAGR of 3.2% and is anticipated to reach a valuation of around USD 2.7 Bn by 2032.

Growing demand for ready-to-eat foods is expected to be a major driver of the growth of the dried soup market. Increasing consumer awareness of consuming healthy and nutritious foods is expected to boost the growth of the global dried soup market.

Dried soups are superior to other types of soups, such as canned soups and moist concentrated soups, so they hold a large share in terms of consumption in the soup industry. Dried soups with gluten-free and organic ingredients Soup availability is expected to boost the growth of the dried soup market.

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The high corn and salt content in dry soup mix raises blood sugar and blood pressure, is said to be unhealthy, and may hamper the growth of the global dried soup market.

These ready-to-eat soups are especially popular among the working class as a quick and nutritious meal option. Soups that are dried have a longer shelf life and retain their nutritious value. Dried soups are available in cups and pouches at grocery stores and come in a range of flavors.

The dried soup market is likely to grow throughout the forecast period, owing to factors such as rising disposable income and increased customer demand for ready meals. Dry soups are being propelled forward by the addition of nutritious dietary items such as vegetables and lean meat, as well as individualized additives.

Concerns about the safety of specific preservatives used in the mix are preventing the dry soup mix industry from expanding. Nonetheless, the launch of organic soups, as well as product and packaging improvements, is expected to create attractive chances for the main players in the dried soup market over the forecast period.

Key Takeaways from Market Study

• The dried soup market sector in the United States is estimated to grow fast over the forecast period due to changing customer desires for convenience foods.
• Manufacturers are encouraging 16- to 24-year-olds to eat dry soup mix more frequently as a snack at home which is increasing the global adoption of dried soup.
• The demand for dehydrated dry soups is significantly greater than that for fast dried soups. Sales of dehydrated dry soup currently account for more than a third of the global dried soup market.
• Dried soup market players are using unique and eye-catching pouch packing solutions that are both practical and efficient.

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“With an increasing working-age population and hectic lifestyles, there is little time to prepare a nutritious and balanced meal. As a result, there has been a significant increase in demand for ready-to-eat foods all across the world. These foods satisfy consumers’ nutritional needs as well as a wide range of preferences. Furthermore, the introduction of high-value gluten-free and organically dried soup types is expected to stimulate demand.” says a Future Market Insights analyst.

Competitive Landscape

Several companies are prioritizing product approvals, product launches, and other organic growth techniques such as patents and activities. Two business expansion strategies that were noticed in the dried soup market were acquisition and partnerships & partnerships.

These measures have cleared the way for market participants to expand their client base and revenue. Market players in the dried soup market are likely to benefit from favorable growth opportunities in the future, owing to rising demand for dried soup in the global sector.

Recent Developments

• In February 2020, Knorr launched 3 different flavored vegan soups in the UK. These products were part of the company’s “Cheat on Meat” campaign.
• In October 2019, Amy’s Kitchen launched a new line of soup products in a new packaging format to appeal to a wider audience. At the same time, the company is opening a new facility in New York to increase its sustainable production capacity.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the Dried Soup Market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on Product (Dehydrated Dried Soups, Instant Dried Soups) Packaging (Pouches, Cups, Boxes) Sales Channel (HORECA, Modern Trade, Convenience Stores, Online Stores, Others), across seven major regions of the world.

About Food & Beverage Division at Future Market Insights

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

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The global stone crushing equipment market is estimated to create an absolute dollar opportunity of US$ 5.5 Bn by the end of 2022. The sales of stone crushing equipment are expected to exceed US$ 11 Bn by 2032, accelerating at a remarkable CAGR of 10% over the forecast period 2022-2032. Increasing application across the artificial store and sand manufacturing sector is anticipated to augment the demand for stone crushing equipment in the market.

Future Market Insights reveals that Asia Pacific excluding Japan is estimated to register the fastest growth in the global stone crushing equipment market from 2022 to 2032.

With surging demand for materials such as stones, aggregates, sand, gravels, owing to the rising building and construction activities across Asia Pacific, leading players in the market are increasingly aiming at launching novel machines to capitalize on the existing opportunity.

According to the need and use for the stone size, stone crushing equipment is a type of machine made to reduce the size of large rocks into smaller rocks, aggregates, sand, gravels, and other materials. By separating the stones into uses for construction, railways, canals, beaches, and other application-specific uses, they are also used to alter the shape of raw material mixtures.

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These crushing equipments operate by applying compressive strength to the rocks and crushing it by means of collisions between the rock and machine. They are made of thick metal surface and are capable of breaking and crushing all varieties of materials such as quartzite, stones, coke, rocks, marbles, irons, and others. Attributed to this, stone crushing equipments are finding a wide range of application across sectors such as mining, building materials, metallurgy, railway, and highway among others.

In addition, rapidly growing mining activities and increasing introduction of advanced crushing machineries integrated with innovative technology such as telematics and artificial intelligence is projected to propel the demand for stone crushing equipments market.

Which are Some Prominent Drivers Spearheading Stone Crushing Equipment Market Growth?

As the trend of urbanization continues to surge, a swift rise in building and construction activities is being witnessed, especially across countries such as China, the U.S., Germany, India, Australia, and others. Also, growing emphasis on sustainable development and upgrading nation’s infrastructure is encouraging governments in several countries to undertake a number of initiatives.

For instance, according to a report by the India Brand Equity Foundation (IBEF), the Government of India plans to construct over 100 smart cities across the country and has announced sanctioning nearly US$ 868 Mn under the country’s Smart City Mission for 2021-2022.

Stone crushing equipments are extensively used for producing stones, aggregates, sand, gravels from larger rock based on the requirement by the type of construction activities such as buildings, bridges, roads, canals, and others. Thus, growing construction activities and implementation of such initiatives are estimated to create lucrative growth opportunities in the market.

However, rapidly expanding building & construction sector and increasing extraction of sand & gravels from water bodies has resulted in depletion of inland as well as marine reserve of stones and sand. This has led to a shift in construction industry players towards using artificial sand and stone for construction activities. As these artificial materials are made using stone crushing equipments, growing shift towards artificial sand and stone is expected to bolster the sales in the global market.

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What are the Challenges Faced by the Stone Crushing Equipment Market?

Stone crushing equipments are needed to locate close the demand centers such as cities canal, construction sites, bridges, and others. As these equipments causes a lot of noise pollution and release dust particles in the air, implementation of stringent regulations regarding noise and air pollution is compelling the operator to set up the plant away from cities, resulting in increased cost of hauling.

Also, need for large manpower for the operation, consumption of huge amount of electricity, and extravagant cost of stone crushing equipments are other factors hindering the growth in the market.

Why is Asia Pacific Excluding Japan Emerging as an Opportunistic Stone Crushing Equipment Market?

Future Market Insights reveals that Asia Pacific excluding Japan is estimated to register the fastest growth in the global stone crushing equipment market from 2022 to 2032.

With surging demand for materials such as stones, aggregates, sand, gravels, owing to the rising building and construction activities across Asia Pacific, leading players in the market are increasingly aiming at launching novel machines to capitalize on the existing opportunity.

For instance, in 2019, Mesto, an Indian manufacturer, and supplier of construction equipments announced launching its latest addition to the versatile MX Multi-Action cone crusher series, MX3. It assists in lowering the operating costs and improving crusher productivity with a design optimized especially for mid-sized quarrying. A slew of such new product launches is estimated to augment the demand for stone crushing equipments in the market.

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How is North America Contributing to the Growth of the Stone Crushing Equipment Market?

As per FMI, North America is estimated to exhibit growth at a rapid CAGR in the stone crushing equipment market during the forecast period 2022-2032.

Government in countries across the region are launching massive construction and railway projects to strengthen their transportation infrastructure citing the trend of urbanization. For instance, the U.S. has announced its plan to sanction nearly US$ 53.8 Bn under the Sound Transit 3 (ST3) Construction Project for expanding the country’s existing link light railway system starting from the suburbs of Tacoma to West Seattle.

In addition to this, increasing mining and metallurgy activities across the countries such as the U.S. and Canada is estimated to bolster the sales of stone crushing equipments in the North America market.

Market Competition

Some of the leading players in the global stone crushing equipment market are BUCY International, Sandvik AB, Metso Oyj, Terex Corporation, CNH Global N.V., Komatsu Ltd., Caterpillar Inc., and Joy Global Inc.

The market for stone crushing equipment is highly competitive, due to large number of participants and increasing investment in development and introduction of novel crushing machines by leading players.

Key Segments Profiled in the Stone Crushing Equipment Market Survey

By Product:

• Cone Crusher
• Jaw Crusher
• Impact Crusher

By Application:

• Mining
• Quarrying
• Recycling
• Building & Construction
• Others (Agriculture, Railway)

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

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The Asia Pacific Manufacturing Execution Systems (MES) market share is projected to reach US$ 27,601.4 Mn in 2032. The growing worldwide manufacturing sector & industrialization has been increasing the demand for Manufacturing Execution Systems (MES).

The Asia Pacific Manufacturing Execution Systems (MES) market is anticipated to grow at a CAGR of 8.3% from 2022 to 2032, according to FMI, and is expected to reach a value of US$ 12,435.0 Mn in 2022.

It oversees and manages the ongoing work on a factory floor. The objectives of MES are to increase productivity by shortening the cycle time and increase manufacturing process efficiency. For faster information transfer and better decision-making, MES has replaced manual operations with paperless ones.

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Based on the applications, MES can be segmented into two segments as discrete manufacturing industries and process manufacturing industries. The various process manufacturing industries include chemical, oil and gas, pulp and paper, food and beverages, waste water management etc.On the other hand various discrete manufacturing industries include automotive, healthcare, aerospace and defense. MES has been nowadays accepted across various segments.

Key benefits of MES include reduced work in process inventory, support for stock keeping unit, labour tracking and ability to review efficiency by work centers, operators and equipment.

Manufacturers can benefit from the integration of MES with product lifecycle management (PLM), supply chain management (SCM) and enterprise resource planning (ERP) to transform the manufacturing processes in terms of control and synchronization.

The global MES market is expected to grow two fold from 2014 to 2020, at a CAGR of 10-12%.The global market is expected to grow significantly, as manufacturers are looking to manage complex processes and products more efficiently.Europe and North America are the largest contributors in the global MES market, capturing almost equal amount of share. APAC on the other hand is expected to register higher growth as it is attracting investors to manufacture.

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APAC is transforming into a manufacturing hub. All the major players of the market are focusing on the APAC region, due to rapid growth expected in the industrial and infrastructural sector. In order to cater the growing demand from Association of Southeast Asian Nations (ASEAN), the MES manufacturers are shifting their manufacturing plants to this region, to attract more consumers and gain a competitive advantage. With foreign direct investment increasing in this region manufacturing execution system is expected to witness potential growth in the region.

Key players in MES industry are Invensys operations management, Honeywell Processes Solutions, and ABB, which account for major portion of the market. Companies are getting into alliances & acquisitions to expand their business operations and increase their investment through foreign direct investment, which are expected to boost the growth of MES market.

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

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The report covers exhaustive analysis on:

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

Regional analysis includes

• Greater China
• India
• ASEAN
• Australia & New Zealand
• Others

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

Asia Pacific Manufacturing Execution Systems Market

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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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 10-years.

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The 2-EH market is poised to achieve a CAGR of 6.7% in 2022 by 2032. During this forecast period, the market share of 2-EH is estimated to reach 12 billion net worth by 2032, which is different from the current one Valuation of$6.3 billion in 2022.

Large amounts of 2-ethylhexanol produced around the world is utilized in the manufacturing of various types of plasticizers such as phthalate and non-phthalate plasticizers. Among these types of plasticizers, phthalates are basically phthalic acid, and they are utilized in a wide range of end-use industries owing to its processing and performance characteristics.

Leading players in the 2-ethylhexanol market are noting that phthalates account for nearly half the global consumption of plasticizers, and consequently, they are aiming to capitalize on the growing demand for 2-ethylhexanol in the phthalates industry.

On the other hand, non-phthalates are plasticizers that do not include any phthalates but comprise of various other components such as diisononyl cyclohexane dicarboxylate (Hexamoll DINCH), bio-based plasticizers, and diethylhexyl terephthalate (DEHT).

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Taking into consideration that plasticizers are commonly used across various applications owing to their chemical properties such as durability, flexibility, utility of materials, and longevity, leading players in the 2-ethylhexanol market are aiming to cater to the specific needs of players in the plasticizers industry.

In the coming years, the demand for 2-ethylhexanol is expected to remain significantly high in areas such as automotive production, construction/remodeling, and original equipment manufacturers (OEMs).

2-Ethylhexanol Market: Region-wise Analysis 

Based on the geographical factors, the 2-ethylhexanol market is broadly divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. The Asia Pacific region holds the largest share in growth of the 2-ethylhexanol market, where China remains a dominant player – accounting for nearly half the revenue share of the 2-ethylhexanol market in Asia Pacific.

In developing countries across Asia Pacific including China, India, Indonesia, and Vietnam, the demand for 2-ethylhexanol is mainly driven by its applications in the plasticizers industry. Furthermore, the building & construction industry in the industry in Asia Pacific is undergoing an architectural boom, creating new potential for 2-ethylhexanol manufacturers in the region.

Leading players are expected to focus on offering 2-ethylhexanol for commercial construction and low-cost housing projects in Asia Pacific, to gain momentum in the region.  China is expected to emerge as the top market for 2-ethylhexanol, as the governing bodies in the country are bolstering the development of infrastructures across various sectors.

The government of China introduced its 13th five-plan plan, which shows the rapid development of roadways, highways, railways, waterways, urban rails, and airports in the country. Furthermore, the country is also a global leader in automotive production, which also opens new growth opportunities for the manufacturers of 2-ethylhexanol in China.

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2-Ethylhexanol Market: Competitive Landscape 

• Dow Chemical Company
• INEOS Holdings Limited
• SABIC
• Chengdu XiYa Chemical Technology Co., Ltd.
• Formosa Plastic Group
• Eastman Chemical Company
• Tianjin Zhongxin Chemtech Co., Ltd.
• Eastman Chemical Company
• Elekeiroz S.A.
• Mitsubishi Chemical
• Zak S.A,
• Meryer (Shanghai) Chemical Technology Co.

Market leaders are focusing on catering to major end-use industries such as building & construction, paints & coatings, marine, and transportation, in order to gain momentum in this landscape.

With the growing presence of regional players as well as global leaders in the global 2-ethylhexanol market, which is likely to lead to market fragmentation in the coming years.

Similar to any fragmented market, small- and medium-sized businesses are expected to face intense competition from top chemical companies in the global 2-ethylhexanol market. Small players are establishing their stronghold in regional markets, while global players are leveraging their large distribution networks for expanding their customer bases.

The Dow Chemical Company – an American multinational chemical corporation headquartered in Midland, Michigan, United States – is a leading player in the global 2-ethylhexanol market. The company manufactures 2-ethylhexanol to mainly cater to the coatings industry, and also in the heavy metals extractant production plants.

Eastman Chemical Company – an American company primarily involved in the chemical industry – is another major stakeholder in the global 2-ethylhexanol market. The company manufactures 2-ethylhexanol that is commonly used in the production of dispersing agents used in pigments pastes.

Another leading player – Zak?ady Azotowe K?dzierzyn is a chemical company based in the city of K?dzierzyn, Opole Voivodeship, southwest Poland. The company offers 2-ethylhexanol to end users in the refining industry, where it is used for enhancing the cetane number, while it also caters to antifoam and foaming agents companies.

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2-Ethylhexanol Market: Segment Analysis 

The 2-ethylhexanol market can be segmented on the basis of the following:

By Type

• Sapphire

• Ruby
• Emery

By Application

• Plasticizers
• Non-phthalate

• Phthalate
• 2-EH nitrate
• 2-EH acrylate
• Others

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The global automotive oil market is anticipated to reach a valuation of US$ 68,279.6 Mn by the end of 2032. The market is directly impacted by expansion of the automotive industry. Automotive oil is the most commonly used lubricant in vehicles. They ensure that vehicles run smoothly and thus automotive oils and lubricants are essential components of the automobile industry.

The market will profit from rising demand for automotive oils due to increasing need for vehicles across the globe. Engine lubrication materials like automotive oils help in boosting a vehicle’s performance. Its main functions are to reduce friction and remove gunk from engines. It also keeps the engine cool to ensure optimum functioning.

The automotive oil market is evolving as a result of rising consumer demand for high-performing, high-quality oil that will improve fuel efficiency and engine performance. The market is also expected to be supported by increasing usage of passenger cars and commercial vehicles, as well as rapid expansion of the transportation sector in emerging economies.

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“Urgent need to extend the life of engines, stringent vehicle pollution norms established by various government agencies, and production of low-viscosity engine oils to enhance fuel economy are anticipated to drive the global market,” says a FMI analyst.

Key Takeaways: Automotive Oil Market

• The global market for automotive oil is projected to exhibit a CAGR of 7% between 2022 and 2032.
• By grade, the mineral segment is expected to remain at the forefront and is estimated to account for about 7% of the global automotive oil market share by 2032.
• By application, the light commercial vehicle segment is set to exhibit about 35% of the automotive oil market share by 2032.
• Based on engine type, the diesel segment is estimated to grow at a CAGR of 2% over the forecast period.
• China is likely to dominate the East Asia automotive oil market and is set to account for more than 70% of share in the region.

 Competitive Landscape: Automotive Oil Market

The market of automotive oil is estimated to be consolidated in nature and key players are expected to account for a considerable share of the market. Some of the top manufacturers include Dutch Shell, Valvoline, BP, ExxonMobil, Total, Fuchs Petrolub, Petronas, Chevron Corporation, Eni Gmbh, Castrol India, and Phillips 66 among others.

Key players are currently focusing on expanding their production capacities to increase their market presence all over the globe and to gain maximum revenue. Top players are also investing huge sums in innovating their existing product lines.

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Automotive Oil Market Outlook by Category

By Grade:

• Mineral
• Synthetic
• Semi-Synthetic

By Engine Type:

• Diesel
• Petrol
• Alternative Fuel

By Application:

• Passenger Vehicle
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Two Wheelers

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More Valuable Insights on the Automotive Oil Market

In its latest report, Future Market Insights offers an unbiased analysis of the global automotive oil market, and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on grade, engine type, application, and region.

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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 10-years.

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The global shape memory polymer market is projected to grow at a CAGR of 26.9% between 2022 and 2032, according to a recently published study by Future Market Insights. As of 2022, the market is slated to be valued at US$ 450.4 Million. By the end of the 2022-2032 forecast period, the market is expected to be valued at US$ 3.5 Billion. Shape memory polymers are smart materials that can change their shape in response to external stimuli.

The materials find extensive use in automotive, biomedical and aerospace industry. Biomedical industry is a key end-user of SMPs as they are employed in producing a plethora of diagnostic and surgical devices such as catheters, sutures, stents, braces, splints, prosthetics and grafts. Thus shape memory polymers (SMPs), as stimuli-responsive materials, have garnered worldwide fame.

Shape memory polymers are also intensively found in the construction industry and find use as self-healing materials in sensors or actuators or structural health monitors and vibration control systems. Their use in kinetic buildings will also hold significance to the industry. This, more so when the government is promoting an eco-friendly zone and green buildings to lower the carbon footprint and protect the environment.

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Key Takeaways from the Market Study

• By application, research & development to be dominant category, reaching US$ 2 Billion by 2032
• Shape memory polymers to be used extensively by automotive manufacturers, registering a 21% CAGR
• By material, polyurethane shape memory polymers to accumulate 38% revenue in 2022
• North America to emerge as the fastest growing market, clocking a CAGR of 26%
• Latin America market is likely to experience a growth rate of over 10% by 2032
• Asia Pacific to attract considerable investments, reaching a value of US$ 540 Million by 2032

“With continued attraction for shape memory polymer product in end-user industries such as healthcare, biomedical, construction, automotive textile and aerospace, for changing contours dictated by random needs, and in a spate of lesser known applications, the product is poised to achieve growing market share in  forthcoming years”, remarks the FMI Analyst.

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Competitive Landscape

The global shape-memory polymer market is fairly consolidated as the majority of the market share is divided among few players. Some of the key players in the market include BASF SE, COVESTRO AG, Evonik Industries AG, SMP Technologies Inc., and Spintech Holdings Inc., among others.

• Asahi Kasei Corp. produces fiber products, chemicals, and electronic related materials based on its core discipline of chemistry, and globally pursues growth opportunities in the areas where they can leverage their technological expertise.
• Covestro AG is a German company which produces a variety of polyurethane and polycarbonate based raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane and polycarbonate pellets, and polyurethane based additives used in the formulation of coatings and adhesives. It is a Bayer offshoot formed in the fall of 2015 and was formerly called Bayer Material Science, Bayer’s materials science division.

Key Segments Covered in the Shape Memory Polymer Industry Report

Shape Memory Polymer Market by Material:

• Polyurethane (PU) Shape Memory Polymer
• Polyvinyl Chloride (PVC) Shape Memory Polymer
• Acrylic Shape Memory Polymer
• Epoxy Shape Memory Polymer
• Other Shape Memory Polymer Material

Shape Memory Polymer Market by Application:

• Shape Memory Polymer for Research & Development
• Shape Memory Polymer for Commercial Applications

Shape Memory Polymer Market by End Use:

• Shape Memory Polymer for Biomedical Use
• Shape Memory Polymer for Automotive
• Shape Memory Polymer for Aerospace
• Shape Memory Polymer for Textile
• Shape Memory Polymer for Other End Uses

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More Insights Available

FMI in its new offering, presents an unbiased analysis of the global shape memory polymer market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study provides an in-depth analysis of the market on the basis of material ( polyurethane (PU), polyvinyl chloride( PVC), Acrylic, Epoxy, other ), Application ( R&D, Commercial), End-User ( Biomedical, Automotive, Aerospace, Textile, others ) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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 favour 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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The global cocoa based polyphenols market is set to witness an impressive growth rate of 5.8% over the forecasted years of 2022 to 2032. The cocoa based polyphenols market size is anticipated to reach a valuation of around US$ 153.2 Billion by the end of year 2032 from the current valuation of US$ 87.1 Billion in 2022.

Consuming polyphenols improves health and is also very successful at controlling weight resulting in its rising demand across several age groups. Recent developments in the cocoa based industry have shown the benefits of cocoa in nutritious goods owing to its large polyphenol content.

These beverages often characterized of having great immune-boosting properties. Adoption of ingredients like cocoa-based polyphenols in order to attract consumers have set the present market very lucrative for its growth.

Emerging organic trends in the market is witnessed to have fuelled the plant based polyphenols market. Cocoa based polyphenols market players have also surged the demand by emphasising on marketing the cocoa-based polyphenols product across global markets.

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Consumers’ acute worry for their general health and wellness as a result of the COVID-19 pandemic has led them to seek out healthier alternatives in food and drinks in an effort to strengthen their immune systems. Due to this reason, years following the outbreak of pandemic have witnessed a major boost in the cocoa based polyphenols market adoption trends along with other healthier alternatives.

Cocoa-based polyphenols market players are required to obtain approvals for their products in order to ensure that they are in compliance with environmental and health regulations that poses as a major hindrance for them.

Key Takeaways from Market Study

• The overall growth of the global based polyphenols market is estimated to be around US$ 66.1 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 5.8%.
• The functional beverages segment is the most lucrative category for the coca based polyphenols market trends that occupies almost 32.7% of the revenue generated.
• On the other hand the segment of the cocoa based polyphenols market for dietary supplements is exerting a rapid hike in growth owing to its growing popularity and wider supply of packaging products.
• Asia Pacific is the emerging region for the coca based polyphenols market that contributes for more than 35% of the market share in the present market.
• There is a rising trend of nutritional supplements in the North America region that is anticipated to drive the sales of cocoa based polyphenols in the US and Canada.

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Competitive Landscape

ADM, Barry Callebaut, Kemin Industries, Mars, Incorporated, Naturex S.A, Nutra Ingredients Limited, Polyphenols AS, Ajinomoto Natural Specialities, Sabinsa, BERKEM, and Diana Food are just a few of the major participants in the sector.

These companies are among the cocoa based polyphenols market key players that meet the rising demand from a variety of end-use sectors, including the food and beverage, healthcare, personal care, and pharmaceutical industries.

Recent Developments in the Global Packaging Market:

• The Fytexia Company is offering a custom mechanism programme for choosing polyphenol supplies and blending them to develop recipes that are specifically tailored to the needs of users looking for natural sources of antioxidants to fortify their products with polyphenols. In 2019, Company launched Oxxynea O, a range of bioactive polyphenols that are extracted from natural plant products of fresh herbs, olive, grape, and cocoa.

Cocoa Based Polyphenols Market by Segmentation

By Application:

• Functional Foods
• Functional Beverages
• Dietary Supplements
• Others

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How is the Start-up Ecosystem in the Global Cocoa Based Polyphenols Market?

Due to expanding middle class and booming economy, the global market is becoming a source of substantial spending for consumers. Due to its highly fragmented and disorganized industry, the market is providing enormous development prospects to both local and foreign cocoa based polyphenols enterprises.

As evident from the new market research report on cocoa based polyphenols by FMI, several start-ups have emerged with a target of capitalizing on the growing preference for organic and natural food ingredients among urban people. Most of the new cocoa based polyphenols market players entering the sector are heavily relying on online channels for marketing and distribution of their products.

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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 favour 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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The global lubricants market is set to witness an impressive growth rate of 4.5% over the forecasted years of 2022 to 2032. The lubricants market size is anticipated to reach a valuation of around US$ 248 Billion by the end of year 2032 from the current valuation of US$ 160.2 Billion in 2022.

Asia Pacific countries dominate the global lubricants market and it is also poised to retain the top position during the projected years as well. Major lubricant market players are also moving their manufacturing facilities to Asia Pacific as a result of the region’s availability of cheap labour, rising demand, and supportive governmental regulations.

Several of machine lubricants incorporate additive technology to give prevent ring belts, gear boxes, and crankcases from wear and tear. These are also employed in slow-speed cylinders because they enhance the performance. Discovery of such advantages is anticipated to augment the lubricants market opportunities in the days ahead.

Global lubricants market key players are conducting end-user-focused operations, which has resulted in a high degree of improvements in terms of shortened delivery timelines and superior machine oil usability.

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While, many regional lubricant producers have created low-level channels of product distribution with local vendors so they may concentrate on other areas. These activities include developing new products like WD 40 spray, cutting oil, Molykote 111 and other products.

Key Takeaways from Market Study

• In absolute dollar terms, the overall growth of the global lubricants market is estimated to be around US$ 88 Billion over the next ten years.
• The lubricants market size is poised to witness a growth rate of 4.5% during the years 2022 to 2032.
• Automotive sector is the largest end use segment, generating more than half of the total demand for lubricants in the global market.
• Asia Pacific remains the dominating market for the sales of lubricants. The net worth of the said market is estimated to be around US$ 74 Billion in the current year 2022.
• The Current net worth of the lubricants market size I North America is figured out to be nearly US$ 30 Billion out of which 90% of the total revenue belongs to US.
• The North America lubricants market is dominated by the US, and it will experience some positive growths over the coming years that take the overall valuation up to US$ 41.2 Billion by the end of year 2032.

How is the Start-up Ecosystem in the Global Lubricants Market? 

A significant number of newcomers in the global lubricant market are vying for attractive prospects in the worldwide market by forming strategic alliances to boost capabilities and broaden their reach into developing markets.

To attain sustainable company operations around the globe, start-ups in lubricant sector are continuously looking to build long-term contractual relationships with reliable partners. For entrepreneurs that capitalise on specialised markets and launch innovative items with attractive features, the market offers a number of lucrative chances.

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Lubricants Market by Segmentation 

By Base Oil:

• Bio-based Oil
• Mineral Oil
• Synthetic Oil

By Product Type:

• Automotive Oil
• Hydraulic Oil
• Gear Oil
• Compressed Oil
• Greases
• Metal Working Fluid

By End User Vertical:

• Automotive
• Industrial
• Marine
• Chemical
• Oil & Gas
• Aerospace
• Others

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Competitive Landscape for the Global Lubricants Market

Some of the well-known lubricants machinery market players are ExxonMobil Corp., Pennzoil, Quaker Chemical Corp., Royal Dutch Shell Co., JX Nippon Oil & Energy Corp., British Petroleum, Lukoil, Total S.A, Chevron Corp., Philips 66 Company, and Sinopec Corp. among others.

Large-scale lubricants market players are concentrating on marketing techniques as well as new product specifications and innovation. To cut costs and consumer delays, several lubricants businesses owners are also rethinking about their supply chains.

Recent Developments in the Global Lubricants Market:

• Valvoline Company developed a new type of lubricant oil for engine of all-terrain vehicles in July 2021. It emphasizes on longer protection of internal components making it an attractive product in the global lubricants market.
• ExxonMobil and Nissan Motor Corporation of India entered into an agreement in March 2021 for the vehicle aftermarket to market a wide range of lubricants complying with the recently adopted BS-VI emission rules.

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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 favour 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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The world market for barbituric acid is expected to reach around US$ 19.8 Mn by 2022.  Furthermore, with increasing adoption of barbituric acid in industries like pharmaceutical, plastic, polymer, textile, etc., the total demand for barbituric acid is likely to grow at a constant CAGR of 4.6 % between 2022 and 2032 for a total of over $31.04 Mn by 2032.

Barbituric acid is predominantly used for the production of barbiturate drugs. Barbituric acid is an organic compound characterized by six membered ring structure and belongs to the class of pyrimidine family. One of the barbiturate drug produced using barbituric acid is riboflavin which is used as vitamin B2 nutritional supplement.

Barbiturate drugs have sedative effect on the central nervous system and are being prescribed for anxiety. These drugs act as central nervous system depressants and are used for the treatment of insomnia, epilepsy amongst others. Apart from its use as pharmaceutical intermediate, barbituric acid is also used as dye intermediate and as nutritional supplement.

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Global Barbituric Acid Market Drivers

A number of factors has led to the rise in consumption of barbituric acid. Though barbituric acid itself is not pharmaceutically active, one of its major application is for the manufacture of barbiturate drugs.

The rising prevalence of insomnia and the growing share of geriatric population is expected to drive the demand for barbiturate drugs which in turn is anticipated to generate significant demand for barbituric acid as an important raw material for its production.

The changing lifestyle and eating habits has affected the sleeping patterns amongst individuals. A major share of population suffers from insomnia, anxiety and other sleeping disorders, therefore there has been a greater demand for drugs which are being prepared from barbituric acid over the coming years.

Moreover, the growing healthcare spending and rapidly developing healthcare infrastructure across regions is anticipated to generate noteworthy demand for barbituric acid over the forecast period.

Global Barbituric Acid Market Restraints

One of the major challenge faced by the global barbituric acid manufacturers are the stringent regulations pertaining to the manufacture of the barbiturates drugs and other pharmaceutical products.

The use of the barbiturate drugs are being strictly monitored by the Drug Abuse Prevention and Control Act. The side effects with the usage of such drugs and regulations for its dosage and content is a major factor which is likely to impact the global barbituric acid market.

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Global Barbituric Acid Market Trends

Apart from its major use for the manufacture of barbiturate drugs, barbituric acid is also used as a nutritional supplement for vitamin B2 deficiency. Barbituric acid is also increasingly being used as dye intermediate used in textile industry. Manufacturers of barbituric acid are generating significant amount of revenue from the exports to the developing countries globally.

Global Barbituric Acid Market: Regional Outlook

In terms of regional perspective, the global barbituric acid market is anticipated to be dominated by Asia Pacific region. China is anticipated to hold noteworthy share the global barbituric acid market both in terms of production as well as consumption.

Regions such as North America and Europe are anticipated to witness rise in demand for barbituric acid owing to the increase in number of patients suffering from sleeping disorders and other diseases which are treated using barbiturate drugs. Japan, Middle East and Africa and Latin America are anticipated to hold relatively smaller share in volumes but are projected to witness robust growth in the forthcoming years.

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Global Barbituric Acid Market Participants

Some of the market participants identified across the value chain of global Barbituric Acid market are:

• Hebei Chengxin Co., Ltd.
• Ralington Pharma
• Explicit chmicals pvt. ltd.
• Zhengzhou Lifeng Chemical Co.,Ltd.
• Danopharm Chemicals Pvt. Ltd.
• CDH Druh House (P) Ltd.
• Hunan HongQiang Chem Technology Development Co., Ltd.
• Sparchem
• Hem Corporation
• GFS Chemicals Inc

The research report Barbituric Acid presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

Barbituric Acid also contains projections using a suitable set of assumptions and methodologies. The research report Barbituric Acid provides analysis and information according to market segments such as geographies, application, and industry.

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 favour 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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The High Silica Zeolites market is expected to grow at 1.2% CAGR record forecast period and is expected to reach high silica zeolite market share of US$1.37 billion in 2032, up from US$122 million in 2022.

Zeolite is chemically explained as the crystalline aluminosilicate hydrate containing alkaline earth metal. High- silica zeolite typically includes an organic structure directing agent (SDA), it is generally prepared by heating a mixture compose of a silica source, a heteroatom source (boron, aluminum, gallium), a source of alkali hydroxide, and a water-soluble organic species.

High-silica zeolites ha been found to be an effective absorbent for the removal of OMPs (organic micro-pollutants) from impaired water, and is also used in personal care products, pharmaceuticals, industrial chemicals, etc. High-silica zeolites is prominently use in the prevention of undesired competitive absorption of background organic matter (BOM) in natural water.

The presence of organic micro-pollutants in water bodies and drinking water sources have become a significant issue of increasing environmental concern. Owing to increasing presence of OMPs, and need for their removal from water meant for potable and domestic use, the demand of high-silica zeolite is increasing rapidly.

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High-silica zeolites like USY (ultrastable Y), NA-mordenite, and HY have higher thermal stability than conventional A-or X-type zeolite. The thermal stability increases from about 700 degree Celsius in the low silica zeolites to 1300 degree Celsius in high-silica zeolites. The surface selectivity, which is highly hydrophilic in the low silica zeolites, is hydrophobic in the high-silica zeolites.

High-Silica Zeolite Market: Dynamics

As compare to low and intermediate zeolites, the high-silica zeolites can remove and recover organic matter from water streams and carry out separation and catalysis in the presence of water, which is major factor that is driving the high-silica zeolite demand among the several end use industries such as petroleum, petrochemical and others.

High-silica zeolite is widely used in petroleum refining process. Catalytic cracking, isomerization, hydrocracking, alkylation, and other modern processes are based on the use of high-silica zeolite containing catalyst. High-silica zeolites also find broad application as absorbents in gas purification and drying, and in the production of high-purity substances.

Owing to this several applications of high-silica zeolites its demand is increasing constantly among the end-use industries, which is propelling the global high-silica zeolite market. Moreover, the increasing popularity of high-silica zeolites among end-use industry, due to its exceptional properties such as high chemical as well as thermal stability, has a significant impact on the high-silica zeolite market.

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High-Silica Zeolite Market: Regional Overview

High-silica zeolite market demand is anticipated to be led by Asia Pacific region, owing to growing crude oil refining sector. China is driving the majority of growth in the crude oil refining industry in Asia Pacific. Growing crude oil refining industry is creating more demand for the petroleum refining catalysts such as high-silica zeolites.

North America is anticipated to witness a significant growth in High-silica zeolites market, U.S. is a prominent country in the petroleum refining sector. The U.S. is one of the vital producers of refined petroleum products and thus represents high market potential for high-silica zeolites.

High-silica zeolites market of Europe is expected to witness a robust growth, helped by increasing preference of manufacturers of high-silica zeolites to European countries for expansion of its manufacturing facilities, in order to fulfil the growing demand for high-silica zeolites from regional end-use industries.

Despite the impressive growth in oil refining capacities in Middle East and Africa, the local refineries are capable of processing very less amount of the crude oil produced here, as a result high-silica zeolite market is expected to witness a comparatively moderate growth in this region.

High-Silica Zeolite Market: Segmentation

Globally, high-silica zeolite market can be segmented on the basis of type, and application.

Based on the type, high-silica zeolite market can be segmented into,

• USY Type
• ZSM-5 Type
• Beta Type
• Others

Based on the application, high-silica zeolite market can be segmented into,

• Petroleum refining catalysts
• Petrochemical catalysts
• Others

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High-Silica Zeolite Market: Market Participants

Some of the key players involved in the manufacturing of high-silica zeolite are  Honeywell International Inc, CECA Arkema Group, BASF SE, Tosoh Corporation, Zeochem AG, Zeolyst International, W. R. Grace, CWK Chemiewerk Bad Köstritz GmbH, Clariant AG,  KNT Group, Zeolites And Allied Products Private Limited and others.

The research report presents a comprehensive assessment of the High-Silica Zeolite 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 High-Silica Zeolite market segments such as component, type, application, end-user and region, etc.

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 favour 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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