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In use for several decades, petroleum jelly has cemented its position as a crucial component in the cosmetics and pharmaceutical sectors. Owing to its healthy properties, petroleum jelly products such as vaseline, lotions, creams, hand cleaners have gained steady demand. With a continual demand for personal care products owing to high disposable incomes and rising awareness among consumers, especially millennials, the future of the market looks promising.

As petroleum jelly exists in a semi-solid form, it is thick in nature. As a result, human skin cannot completely absorb petroleum jelly, which enables it to act like a barrier preventing dirt formation and subsequently avoiding skin damage. Moreover, on the back of its fibrous and greasy structure, and composition of mineral oils, petroleum jelly has become an ideal raw material to produce pharmaceutical products.

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On this premise, petroleum jelly is used in the production of healing products to treat burns, cuts, and scrapes to fasten the healing process in the injured area. Likewise, it is used in the healthcare sector after laser skin resurfacing and hepatitis treatment, thus further boosting the market growth. Demand for cosmetic grade petroluem jelly and pharmaceutical grade petroluem jelly is likely to grow during the forecast period.

Furthermore, petroleum jelly acts as an excellent anti-rusting agent and water repellant and is odorless and inert. The aforementioned properties make it suitable for a wide range of applications across various industries such as leather, telecommunications, and manufacturing. Considering there is a continual need for preventing rusting of equipment, petroleum jelly is used in marine applications as well, which is anticipated to bestow lucrative revenue opportunities to market players.

Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global petroleum jelly market will grow in value at a CAGR of 4.2% between 2022 and 2030. Some of the key takeaways from the report include:

• The global petroleum jelly market is projected to surge past valuation of US$ 646.6 Mn by the end of the forecast period.
• On the basis of grade, USP graded-petroleum jelly is foreseen to remain the most sought-out grade owing to its high purity, which ensures healthy adoption in the skincare sector.
• Based on end-use, the cosmetics & personal care sector is projected to drive the majority of revenue through the forecast period, ascribed to the industry’s reliance on petroleum jelly as a component in manufacturing lotions and other personal care products.
• East Asia, led by China, is poised to maintain hegemony over the regional landscape through the forecast period, backed by the presence of a healthy pharmaceutical sector.
• On the same path, South Asia is expected to prevail as the second most lucrative region, owing to industrial growth in emerging economies such as India and Vietnam.
• Europe, being the world’s largest producer of cosmetics, will also remain a prominent region, and will continue to progress on a positive growth trajectory.

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COVID-19 Impact on Petroleum Jelly Market

Although it is certain the demand for petroleum jelly witnessed a downtrend during the pandemic, the growth of the market is expected to remain largely unhindered on a broader level. As a result of nationwide lockdowns, with people confined to their homes, the sales of cosmetic products plummeted, subsequently impacting the demand for petroleum jelly.

However, this is expected to change as normality in workspaces starts to gradually return, necessitating cosmetics as people get back to their routine. This is expected to propel the sales of cosmetics and, in turn, petroleum jelly. Moreover, a recent study conducted in the UK found that petroleum jelly is the best lubricant for people wearing PPE as it reduces friction between skin and PPE material, thus lowering the risk of skin tears, blistering, and hives. This is expected to proliferate demand among frontline healthcare workers who have to use PPE for a prolonged time.

Who is Winning?

Key players operating in the market are directing their efforts towards mergers and acquisitions to ensure long term growth. Moreover, online marketing and branding have also been identified as a key strategy to growth. Key developments in the competitive landscape include:

• In 2019, Godrej Consumer Products Limited acquired Canon Chemicals, a major manufacturer and distributor of personal care and home care products based in Kenya
• In the same timeframe, Holly Frontier Corporation acquired Netherlands-based Sonneborn, a leading manufacturer and distributor of petroleum-jelly-based products.

FMI’s report includes profiles of some of the most prominent names in the market including Sasol, ExxonMobil, International Group Inc., Petroleo Brasileiro SA, Nippon Seiro Co., Ltd, Repsol, CEPSA, Calumet Specialty Products Partners, L.P., and Polwax SA among others.

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Petroleum Jelly Market – Key Segments

Grade:

• USP
• Technical

End-user:

• Pharmaceuticals
• Cosmetics & Personal
• Care
• Food
• Other Industries

Region:

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

To Know More about Petroleum Jelly Market

A new market research report published by Future Market Insights (FMI) on the global petroleum jelly market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2022-2030.

The report examines the market through four different segments – grade, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

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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 gypsum market is estimated to expand at a 6.2% CAGR over the forecast period, reaching US$ 4.3 Bn in 2022.

Gypsum is a vital construction material and is used widely in Portland cement, building plaster, and several other construction products. The construction industry is a key application segment in the gypsum market. It is used for various applications such as cement, plaster, drywall manufacturing, and others. Growth in construction industry is expected to elevate the consumption of gypsum over the forecast period.

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Key Takeaways:

• Global gypsum market is expected to reach US$ 7.8 Bn by the end of the forecast period growing at a CAGR of 6.2%.
• Cement industry is key consumer of gypsum owing to its vital role in the building and construction sector.
• East Asia is expected to lead the market in terms of production and consumption of gypsum owing to strong presence of end users in the region.
• China is expected to be the dominant producer of crude gypsum, followed by the U.S.
• India will emerge as a lucrative pocket amid rising construction of smart cities across various urban cities.

Competitive Landscape         

Key market participants in the global Gypsum 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.

Key gypsum producers are laying emphasis on expansion by establishing new plants that will help them to increase their production capacities and gain access to new distribution networks. Moreover, several manufacturers are engaged in strengthening their product portfolio by strategic acquisition and mergers to attract maximum consumer base.

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More Insights into the Gypsum Market Report

In its latest report, FMI offers an unbiased analysis of the global Gypsum market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of Product type, End Use, and Region

Gypsum Market by Category

By Product Type:

• Natural
• Synthetic

By End Use:

• Cement
• Drywalls
• Plaster
• Soil Amendment
• Gypsum Blocks
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• 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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The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market demand.

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Water Treatment System Market Outlook and Key Findings

The global water treatment system market is projected to value around US$ 112 Bn in 2030. Water treatment segment to witness rising momentum in coming years. Adoption in desalination process to surge through 2030. Municipality spaces to offer lucrative investment opportunities. North America and Europe currently lead the global adoption. According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector.

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The increase in the adoption of new technologies along with focus on R&D will play an instrumental role in shaping the overall growth of the water treatment market in 2019 and the coming years. Further, established players operating in the water treatment market are likely to increase investments in R&D activities, focus on the development of innovative water treatment systems, and offer cost-effective solutions.

In addition, existing players pushing for product innovation, collaborations with EPC companies and local municipalities, development of patented technologies and high capacity treatment systems are likely to gain a competitive edge in the current industry landscape.

Water Treatment System Market Future Outlook – COVID-19 to Highlight the Significance of Wastewater Analysis

Wastewater analysis is emerging as crucial way to examine community transmission of COVID-19. While polluted, unprocessed wastewater does not pose contagion risk, it provides medium of propelling infection rates in societies, and a potential early-warning system for new disease outbreaks.

Case in point, in the Netherlands, evidence of coronavirus were monitored in untreated wastewater six days before the first case was registered. Japan has already started to gather weekly specimens from treated and untreated sewage. Specimens from 15 sewage treatment facilities will be frozen and accumulated until techniques to extract and analyze the coronavirus come into existence.

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By Segmentation:

By System Type

Preliminary Treatment, Water Treatment, Membrane Bio-Reactor (MBR), Reverse Osmosis (RO), Micro-Filtration (MF), Nano/Ultra Filtration (NF/UF), Disinfectants (UV, Ozone), Sludge treatment, Activated Sludge, Sludge Thickening & Dewatering, Sludge Drying, Other Sludge Treatment Technology,

By Application

Process Water/ Water Treatment, Waste Water Treatment, Zero Liquid Discharge, Desalination,

By End Use

Residential Buildings, Commercial Buildings, Municipality, Industrial, Chemical & Petrochemicals, Oil & Gas, Mining & Metals, Food & Beverage, Pharmaceuticals, Thermoelectric Power Plants, Semiconductors, Pulp & Paper, Sugar Mills, Textiles, Leather,

By Region

North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East, Africa.

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The global retail printers and consumables market review reached US$ 12444.5 Mn in 2021 and is projected to touch a valuation of US$ 15,643.5 Mn in 2022. Furthermore, with increasing applications in departmental stores, warehouse retailers, e-commerce, and supermarkets, the overall demand for retail printers and consumables is slated to grow at a CAGR of 5.4% between 2022 and 2032, totaling a valuation of US$ 24293.9 Mn by 2032.

Retail printers are electronic devices typically designed for printing of labels and receipts that are used within the retail space. Retail printers usually do not have programmable logic controllers of its own, but relies on an external system. Label and receipt printers are adopted for speedy and efficient printing of labels and receipts.

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These devices find applications in various industrial verticals like manufacturing, logistics, healthcare etc. However, its utilization in the retail industry overshadows all other verticals prompting the manufacturers to register long term tie ups with various small scale and large scale retailers. The consumables used within these printers are labels, ribbons and paper. Ribbons and labels are used in conjunction with label printers utilized exclusively to generate labels while paper is typically used to generate receipts at POS stations.

Global Retail Printers and Consumables Market: Future Outlook

The Global Retail Printers market is projected to grow at a 4.8% CAGR during 2016-2017. The global market for retail printers is poised to register a steady CAGR of 5.3% over the ten year forecast period to reach a market valuation of US$ 4689.4 Mn by end of 2027 while the global consumables market is expected to be valued at US$ 8,503.4 Mn in 2017 and is estimated to grow with a CAGR of 5.0% in terms of value. Product upgrades and aggressive marketing is the key strategy executed to preserve the growth of the market on a long-term basis.

Global Retail Printers Market: Segmental Analysis

• The global retail printers market is segmented based on its usage in different areas of application. By type, it is segmented into desktop retail printers, industrial retail printers, mobile retail printer and others. The relatively small others segment comprises of special application retail printers such as ticket printers and wristband label printers
• Mobile retail printer segment is estimated to a value of US$ 1898.3 Mn by 2027 end. In terms of volume, Mobile retail printer and desktop retail printer segments are anticipated to produce 2,257 thousand units and 1,871 thousand units respectively by the end of 2027
• By technology it is segmented by label printers and paper printers. On the basis of printing technology the most dominant is the thermal transfer sub segment while direct thermal sub segment dominates in the paper printer segment. The inkjet, impact and laser printing technologies are expected to be the least attractive of all the segments owing to high cost, slow operation and impracticality than the thermal segment

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Global Retail Consumables Market: Segmental Analysis

The global consumables market is segmented by type, application and region. By type, the paper segment is expected to dominate the market throughout the forecast period with 41.0% share by the end of 2027. The Label type segment is anticipated to witness robust growth in terms of value and volume over the forecast period owing to increasing adoption of labelling in warehousing sector as well as online retailing and also implementation of labeling in businesses to maintain assets.

Global Retail Printers and Consumables Market: Regional Outlook

Asia Pacific and North America hold the highest market potential in the global retail printers market. The market is primarily driven owing to healthy growth from the perspective of disposable income & purchasing power and increasing retailing activity around the globe. However, limited compatibility with different operating systems is expected to be a restraining factor for the growth of market in these regions. Eastern Europe and Latin America are struggling with sluggish growth in the market owing to fragmented supply chain, hence growth prospects for the market for retail printers in these regions is limited.

Global Retail Printers and Consumables Market: Competitive Landscape

The report highlights some of the top companies operating in the global retail printers and consumables market such as Zebra Technologies Corporation, Honeywell International, Inc., Toshiba TEC Corporation, SATO Holdings Corporation, Avery Dennison Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id Technology Co., Ltd., Star Micronics Co., Ltd., Postek Electronics Co., Ltd., GoDEX International Co., Ltd., Citizen Watch Co., Ltd., Brother Industries, Ltd., Bixolon Co., Ltd., Pos-X LLC, Primera Technology Inc., CognitiveTPG, LLC, Seiko Holdings Corporation, Wasp Barcode Technologies, Cab Produkttechnik GmbH & Co KG, and  BlueBird, Inc.

These players are aware of the emerging technology called RFID (Radio Frequency and Identification) that could pose as a serious threat of replacing barcoding technology due to advantage of bulk data retention as opposed to single data retention of barcodes leading to faster scanning and data maintenance as well as elimination of line of sight scanning in RFID technology. Hence, prominent players are focused on implementing short term strategies by improving its existing product line up and introducing innovative features and wireless connectivity to sustain the growth of the global market.

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the 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 based on Source, Application, Sales Channel and End-Use over the next 10-years.

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A recent report by Future Market Insights (FMI) states that global sales of wood charcoal will value around US$ 20,536.1 Mn in 2021. Substantial demand will come from residential sector, especially in developing regions of Asia Pacific, Africa and South America wherein over 2 billion people rely on wood energy for cooking and heating purposes. The study further reveals that cooking and heating in private households make up for about a third of worldwide renewable energy consumption

While emergence of alternative energy sources is hampering market growth, demand from chemical industry for production of chemicals – carbon disulfide, sodium cyanide, and carbon tetrachloride – is reflecting remunerative opportunities.

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Key Highlights

• Charcoal lumps continue to generate greater revenue through 2030
• Fuel feedstock to remain primary application area of wood charcoal
• Adoption of wood charcoal in residential sector to remain over decade ahead
• Hardwood to account for leading revenue share, tentative to 80%
• Markets in Latin America and South Asia to offer potential growth avenues

“Food prepared from barbeque charcoal (BBQ) grills offer various benefits such as less oil usage, nutritionally rich food, and low fat. As consumers are following stay-at-home orders, at-home consumption is surging and consumers are showing greater interest for indoor grilling. The trend is well-established in developed regions, in particular,” says analyst at FMI.

COVID-19 Impact on Wood Charcoal Market

While the global wood charcoal market has been facing significant brunt of the COVID-19 pandemic in Q1 and Q2 of 2020 due to trade restrictions, lockdowns, and travels bans, resulting in subsequent drop in demand from several end-use industries such as chemicals, metal and metallurgy, and water treatment plants.

That being said, gradual easing of pandemic-induced restrictions across continents are setting high hopes for wood charcoal manufacturers as these end-use industries are getting back on track.

While the global chemical production declined in every category through Q1 2020, production eventually showed positive signs during Q2 2020, despite negative growth in some categories.

Moving ahead, as the COVID-19 pandemic continues to rage across the globe, governments and organizations are laying greater emphasis on treating wastewater as essential public service to minimize potential impacts on health and surroundings. This, in turn, will further accent the need for wood charcoal wastewater treatment plants.

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Wood Charcoal Market – Competitive Intelligence

The global wood charcoal market is highly competitive, with presence of several players competing with each other to capture bigger revenue share. Majority of leading players are allocating huge investments in R&D to roll out innovative offerings that help step up production efficacy and thus improve their regional presence. Case in point,

• Greencoal Namibia CC produces pure hardwood lump charcoal made from 100% natural Blackthorn wood. The charcoal offers enhanced lighting characteristics, reduced ash production, and amazing hardwood aroma.
• Kingsford Products Company develops professional briquettes made with 100% natural ingredients and premium wood char to assure professional-quality results. These briquettes offer better burn and feature low ash formula.
• Royal Oak Enterprises manufactures pure natural hardwood charcoal briquettes derived from wood, vegetable starch, and contain no additional substances.

Wood Charcoal Market – Key Segment

Wood Type

• Softwood
• Hardwood

Product Type

• Charcoal Lump
• Charcoal Briquettes
• Charcoal Powder

Application

• Fuel Feedstock
• Reducing Agent
• Filtration Agent & Gas Masking
• Decolorizing Agent
• Gas Masking
• Sketches & Paints
• Soil Conditioning
• Gunpowder
• Others

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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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Palletizing robots are a kind of equipment that help in the automatic compiling of various kinds of products on a pallet. The global palletizing robots market overview is slated to touch a value of about US$ 1,500 Mn in the year 2022 and display a robust CAGR during the assessment period.

Pallet wrapping functions are an important part of the packaging line workflow before the product is transported and distributed to different locations. As a result of advancements in the field of robotics, more advanced forms of palletizing robots have emerged, capable of lifting heavy weights and even products from greater heights due to their long arms.

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In addition, hybrid palletizing robots with a simple user interface and operation, as well as being cost effective and efficient, have been developed. These hybrid palletizing robots are capable of handling delicate products as well as performing complex tasks. Palletizing robots that can operate at high speeds while maintaining high quality are becoming more common as technology in this field advances.

4 Forecast Highlights on Global Palletizing Robots Market

• As per the forecast of Future Market Insights, the bag palletizing segment is slated to touch a value of more than US$ 600 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. The bag palletizing segment is estimated to account for more than one-third of the revenue share of the machine type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
• As per the forecast of Future Market Insights, the pharmaceutical segment will reach a value of about US$ 96 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The pharmaceutical segment is forecasted to account for more than one-tenth of the total revenue share of the end use type segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
• As per the forecast of Future Market Insights, the consumer products segment is slated to reach a value of about US$ 350 Mn in 2022. The consumer products segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the APEJ region in the consumer products segment.
• Future Market Insights forecasts the China palletizing robots market to exhibit a compound annual growth rate (CAGR) of nearly 16% from 2017 to 2022.

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The report has also included the profiles of some of the leading companies in the palletizing robots market like KUKA AG, DAN-Palletiser AS, ABB Limited, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Brenton, LLC, Fanuc Corporation, Remtec Automation, LLC, YASKAWA Electric Corporation and Krones AG.

Market Segmentation: 

Machine Type:

• Case Palletizing
• Bag Palletizing
• De-palletizing

End Use Type:

• Food & Beverages
• Pharmaceutical
• Consumer Products
• Tracking and Logistics
• Industrial Packaging

Region:

• North America
• Latin America
• Europe
• Japan
• Asia Pacific excluding Japan
• Middle East and Africa

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The global process automation and instrumentation market size is expected to expand at a CAGR of 6.0% during the projection period. The process automation and instrumentation market was appreciated at US$ 97,192 Mn in 2017 and is projected to grow immensely to reach US$ 174,121 Mn by 2027 end due to the increasing adoption of IoT platforms, digital transformation and development in the Web (Internet) services.

A comprehensive analysis on the Transportation Composites Market by 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.

Transportation composites’ compatibility with the broader objectives of the automotive industry, notably sustainability and weight reduction, will drive sustained adoption, according to a new report by Future Market Insights (FMI).

The report offers a 10-year outlook on the transportation composites market, offering analysis across key segments in 20+ countries.

According to the study, consistent innovation and research into technologies that help meet legislated emission targets are becoming the elixir for manufacturers of transportation composites. Moreover, as customers are become more environmentally conscious, reuse and recycling is gaining traction – a development that augurs well for transportation composite manufacturers.

In a bid to fulfil emissions targets and improve the sustainability of future automobiles, mass reduction of automobiles (lightweighting) is increasingly emerging as major challenge for automotive manufacturers.

Lightweight vehicles help achieve improved fuel efficiency as well as offer better braking, acceleration, and handling.

As these trends propelling the current surge will sustain, transportation composite manufacturers are focusing on distinctive capabilities and continue to explore opportunities to better serve customers and make material progress.

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Transportation Composites Market Size Study

• Demand for lightweight components to drive market growth
• Glass fiber transportation composites remain preferable owing to their superior properties such as high strength and durability
• Thermosetting composites stay in-demand through 2030, given their umpteen strength that makes them ideal for high-temperature conditions
• Market players continue to reap substantial gains from Asia Pacific (APAC) over the following decade

“Over 100 models in automotive industry currently leverage carbon fiber reinforced plastic (CRFP) for OEM components. The OEMs are banking on transportation composites to curb vehicle emissions, decrease vehicle weight, and thus, enhance fuel efficacy,” says analyst at FMI.

COVID-19 Impact on Transportation Composites Market

The transportation composites market is heavily dependent on the automotive production and sales across the world. Sudden shutdowns of manufacturing units in China and its ripple effect, resulting in large-scale havoc among global automotive manufacturers, have been felt subsequently in the US, Europe, South America, and India. Moreover, majority of prominent global automakers import 30-60% of their components from China such as sub-assemblies, and modules.

As several automotive OEMs and distributors have offshored their production activities to low-cost regions, they are currently scrambling to set up shorter or localized regional supply chains.

Moving ahead, nationwide lockdowns in worst-affected countries have impacted the transportation composites market at multiple fronts including, financially drained SMEs, disturbed supply chains, and dampened sales in Q1 of 2020. Moreover, the effects have spilled over into Q2, with incomplete order deliveries due to ongoing production downturns.

Transportation Composites Market – Competitive Intelligence

The global transportation composites market is moderately fragmented, with presence of leading players exhibiting expertise in advanced manufacturing techniques. In a bid to sustain their revenue pool in the global marketplace over long run, market players are focusing on conspicuous investments in innovation and diversification.

• Toray Industries develops carbon fiber transportation composites derived from polyacrylonitrile (PAN). These composites, in various forms, are used in automotive and several other use cases
• Solvay S.A. produces an entire range of thermoplastic transportation composites – Evolite™ – for demanding applications. These products contain polyphthalamide (PPA) and polyphenylene sulfide (PPS)

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Key Segment

Material Type

• Glass Fiber
• Natural Fiber
• Carbon Fiber Composite
• Aramid Fiber

Resin

• Thermoset
• Thermoplastic

Application

• Interior
• Exterior
• Underbody
• Chassis
• Powertrain
• Engine Components

Want To Know More About Transportation Composites Market?

A new market research report published by Future Market Insights (FMI) on the global transportation composites market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030.

The report examines the transportation composites market through five different segments – material type, resin, application, vehicle type, and region. The transportation composites market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of transportation composites and product adoption across several end-use industries.

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

Contact Us:        
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The FMI research examines the industrial noise control market from 2021 to 2031. According to the research, the industrial noise control market will develop at a volume CAGR of 3.9 percent through 2031. According to a new analysis by Future Market Insights (FMI), the industrial noise control market analysis is expected to grow at a CAGR over 3.7% between 2021 and 2031.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that the adoption of industrial noise control for external noise control applications will grow at a CAGR of over 3.9%.

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

Using reactive diluents results in better performance of various solutions by improving their thermal stability, tensile strength, adhesion, and other physical attributed. Due to their robust compatibility with water-based and solvent paints, the demand for reactive diluents will continue surging through the course of the forecast period.

Reactive diluents demand reflected sluggish growth in 2020, yet the industry stakeholders are optimistic of its quick recovery, revealed by Future Market Insights (FMI) in a recently published global report.

As reactive diluents are used for improving consistency of paints & coatings and adhesives & sealants, they are in high demand across a multitude of sectors including building & construction, automotive, electronics among others. Future Market Insights (FMI) sees this as chief driver of the reactive diluents market, which is expected to grow at a positive pace between 2020 and 2030.

However, in the first half of 2020 most of these activities remained impeded, resulting into 40% less demand, comparing against the same period last year.

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A key point to consider here is that using reactive diluent can significantly reduce emission of volatile organic compounds (VOC). This has boosted its applications in line with technological advancements witnessed across diverse industries. Prospects for the market is expected to get more lucrative as industries adopt composites as a replacement for radical materials traditionally used in automotive and construction applications.

Construction activities are expected to soar higher in tandem with population growth witnessed around the world. This will in turn bolster growth prospects for the reactive diluents market. On the downside, the unprecedented COVID-19 outbreak might result in sluggish near-future opportunities for the market.

Nonetheless, backed by relevant research and development investment by chemical giants, the market could soon recover once the crisis passes. Despite this, the foray of competent alternatives could hamper growth prospects of the market. FMI in a recent study presents a holistic overview of the global reactive diluents market, covering various factors enabling growth and those restraining the market.

Some of the key factors highlighted in the report are:

• East Asia and South Asia Pacific are expected to demonstrate lucrative growth opportunities for the market. Rising building and construction activities besides expansion of automotive and electronics industries will support growth in countries such as India, China, Japan, and South Korea
• Some of the leading companies operating in the market are located across East Asia and South Asia Pacific, making the regions highly attractive markets for reactive diluents
• Government support towards construction activities and infrastructural development will aid the overall market expansion. For instance, smart city projects undertaken by various governments will give a big push to the country’s construction sector, subsequently fuelling the demand for reactive diluents

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“The rising demand for lightweight materials across industries is underpinning growth of the reactive diluents market. Using reactive diluents in paints and coatings make them corrosion resistant besides strengthening their mechanical resilience. Coupled with this, government rules of curbing VOC emissions will result in the spike in adoption of reactive diluents,” said a lead analyst at FMI.

Who is winning?

Reactive diluents market is a highly competitive one, exhibiting the presence of several companies. Market players are primarily focusing on the expansion of their global footprint and product portfolio to gain competitive advantage.

Future Market Insights profiles some of the leading players operating in the market. These include Huntsman Corporation, Hexion Inc., Aditya Birla Chemicals, Olin Corporation, Sachem, Inc., Arkema Group, ipox chemicals GmbH, Evonik Industries, Atul Ltd., and Adeka Corporation.

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Get Valuable Insights into Reactive Diluents Market

Future Market Insights executive level blueprint of the reactive diluents in its report. It offers refined forecasts pertaining to revenue growth witnessed across various segments. Trends impacting the market’s trajectory across these segments are also studied in detail for the period between 2020 and 2030.

The report studies the global reactive diluents market and segments it in terms of type aliphatic, aromatic, and cycloaliphatic. On the basis of function it bifurcates the market into mono functional and multi-functional. Based on end use the market can be categorized into paints & coatings, adhesives & sealants, composites, flooring, and others (comprising tooling, casting, and encapsulation). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and 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 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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