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Swine Respiratory Diseases Treatment Market Value With Status And Global Analysis | Future Plans And CAGR Forecast By 2027

A new research report by Future Market Insights gives an overview of the global swine respiratory diseases treatment market growth. The report is titled ‘Swine Respiratory Diseases Treatment Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,’which includes the analysis of the global as well as the regional markets. According to the report, the global swine respiratory diseases treatment market is expected to hold a market value of over US$ 1,430 Mn in 2017, which is expected to reach a value of over US$ 2,700 Mn in 2027 growing at a robust CAGR of 6.6% during the forecast period.

The most prevalent respiratory disease in pigs, PRRS (porcine reproductive and respiratory syndrome), is treated with medications and vaccinations that aid in curing or preventing swine respiratory infections. Swine respiratory disorders are treated with medications administered in a variety of ways, including injections and in-feed inclusions. The biological tool used to increase disease immunity is the vaccine. The two main forms of vaccines used to prevent swine respiratory infections are live, attenuated vaccines and killed, inactivated vaccines.

Global Swine Respiratory Diseases Treatment Market: Segmental Highlights

The market is segmented on the basis of causative agent, treatment type, route of administration, distribution channel and region.

By causative agent, Mycoplasma and Virus segments dominated the global swine respiratory diseases treatment market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period.

By treatment type, drug segment is expected to be the most lucrative with its market size reaching a value of over US$ 1,700 Mn by the end of 2027. However, the vaccines segment is forecasted to witness a higher CAGR than drugs, with a growth rate of 7.2% during the forecast period.

By route of administration, the market is dominated by oral segment, which holds a market share of over US$ 1,200 Mn in 2017, growing at a CAGR of 6.6%. However, parental segment is ahead in terms of CAGR, growing at rate of 6.8% during the forecast period.

By distribution channel, the veterinary hospitals segment is expected to be the most lucrative among all routes of administration, forecasted to reach a market share of over US$ 990 Mn by the end of 2027. On the other hand pharmacies segment leads in terms of CAGR with a growth rate of 6.8% during 2017-2027.
By region, the APEJ regional market leads with its market value reaching over US$ 600 Mn in 2017. The second position is held by North America, which is anticipated to record a market size of over US$ 400 Mn in 2017.

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Global Swine Respiratory Diseases Treatment Market: Dynamics

The market forecast for various segments is based on the factors that are impacting the global market. According to Future Market Insights analysis, the market is driven by an increase in the rate of diseases such as PRRS (Porcine reproductive and respiratory syndrome), the high demand of pork, and increase in the use of vaccines that are given to pigs in order to produce disease free pork.

However, there are a few factors prevailing in the market that may have a negative impact on the market such as stringent regulation by FDA to limit the use of antibiotics for farm animals and also lack of awareness in many countries where the pig farm owners are unaware of the diseases and treatment processes.

Global Swine Respiratory Diseases Treatment Market: Competitive Analysis

This comprehensive research report includes brief profiles of various major companies operating in the global market such as Zoetis, Bayer AG, Boehringer Ingelheim GmbH, Elanco Animal Health (Sub. Eli Lilly), Virbac, Norbrook, Ceva Santé Animale, Intervet Inc., (Sub. Merck & Co. Inc.), Vetoquin.

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Segmentation of the Global Swine Respiratory Diseases Treatment Market

The segmentation of the global swine respiratory diseases treatment market helps readers simplify the market study and understanding, by dividing the market into different segments on the basis of various parameters. The report provides an individual analysis of each and every segment, thus covering every part of the market.

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

By Causative Agent

Virus
Mycoplasma
Bacteria
Others

By Treatment Type

Drugs
- Antibiotic
- Others
Vaccines

By Route of Administration

Oral
Parenteral

By Distribution Channel

Veterinary Hospitals
Veterinary Clinics
Pharmacies
Others

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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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Ethylene Dichloride Market is Projected to Total US$ 24.0 Bn by 2028 and Growing at a Steady 3.7% CAGR

Future Market Insights has published a new research study titled “Ethylene Dichloride Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028”. As per data cited in the report, the market value roughly equated US$ 19.2 Bn in 2022, which will reportedly grow at a modest 3.7% CAGR through 2028.

The overall Y-o-Y growth estimated for the global ethylene dichloride market will remain moderate, under-4% throughout the projection period, 2022-2028.

The study attributes the positive growth prospects of ethylene dichloride market to the increasing consumption of ethylene dichloride (EDC) across the chemical industry, which is further strongly supported by robust growth of infrastructural activities demanding volumes of ethylene dichloride for specialized applications.

According to FMI’s analysis, applications of ethylene dichloride will be prominent in polyvinyl chloride (PVC) or vinyl monomer chloride, generating high traction within the residential and commercial infrastructure.

Vinyl monomer chloride segment is estimated to hold more than a three-fourths market value share in the global market by the end of the forecast period.
Collectively, North America and East Asia are expected to hold more than half the value share of the global ethylene dichloride market.
In the East region, China is a prominent consumer of ethylene dichloride.

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Chemical Industry Continues to Extend the Lion’s Share towards Ethylene Dichloride Market Growth

The global chemical industry is expected to exhibit strong growth over the next few decades, which is most likely to accelerate a shift from imports to domestic manufacturing bases, particularly in emerging economies. While developing regional markets continue to receive strong governmental support, the report opines that consumption of ethylene dichloride will continue to see a surge over the coming years.

Substantial volumes of ethylene dichloride are consumed as a solvent in the manufacturing of ethylene amines and in the fumigation production process. Thus, the growth of the chemical industry is expected to directly propel the growth of ethylene dichloride market.

Furthermore, growth of textile, adhesives, and mining industries will create high-potential opportunities for intermediates such as ethylene dichloride. Such organic growth across multiple end users of ethylene dichloride is projected to fuel the global ethylene dichloride market growth during the forecast period.

Ethylene Dichloride Finds Applications as a Raw Material in PVC Production

Ethylene dichloride is predominantly used as a raw material of polyvinyl dichloride (PVC) and thus, the ethylene dichloride market is influenced by the thriving PVC/VCM market.

Global PVC sales accounted for the revenue of over US$ 58 billion in 2021 and the consumption is expected to grow at a healthy rate through 2022, as indicated by research. In light of this unmet demand for PVC, the global ethylene dichloride market is anticipated to register a healthy CAGR throughout the forecast period.

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Stringent Regulations on Ethylene Dichloride Create Manufacturing Challenges

On the flip side, ethylene dichloride is toxic in nature and highly flammable, and has a pleasant chloroform-like odour and irritating vapours. It can affect the nervous system, cause nausea, drunkenness, depression, and vomiting.

EDC affects the central nervous system and cardiovascular system and in certain cases, it may be fatal. It is considered poison for the liver and kidney. These factors are estimated to hinder the overall performance of ethylene dichloride market in years to come.

Leading Ethylene Dichloride Manufacturers Adopt Application-specific Business Strategies

Key players of the global ethylene dichloride market are focusing on collaborations, innovative product development, acquisitions, and expansion. Manufacturers are primarily targeting high development areas and producing application-specific products to gain higher market attraction.

Olin Corporation (Manufacture of ethylene dichloride) signed an agreement with The NRC Group for the distribution of chemical products including ethylene dichloride, epoxy resins and curing agents for coatings, civil engineering, adhesives and composites industries across Europe. Further, in 2015, the company acquired the Chloralkali and epoxy division from The Dow Chemical Company to fulfil the increasing demand for commodity chemicals.
Three subsidiaries of TOSOH CORPORATION, a manufacturer of ethylene dichloride, namely Tosoh Finechem Corporation, Tosoh F-Tech, Inc and Tosoh Organic Chemical Co., Ltd. were merged together to combine their distinctive technologies to accelerate the development of chemical compounds.
In 2022, Formosa Plastics Corporation, a manufacturer of ethylene dichloride, announced the expansion of ethylene dichloride production by up to 800,000 metric tons per annum in Mailiao, Taiwan.

The report on the global ethylene dichloride market studies some of the major players in the ethylene dichloride market, such as Occidental Chemical Corporation, Formosa Plastic Corporation, Olin Corporation, Vynova Group, Tosoh Corporation, SABIC, Tokyo Chemical Industry Co., Ltd. PT Asahimas Chemical, Prochem, Inc., and ThyssenKrupp AG, and among others.

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Residential & Commercial Smart Glass Market | Segmentation, Outlook, Industry Report to 2028

Residential and commercial smart glass worth approximately US$ 15 billion will be sold by the end of 2028. Up from the market value attained in 2018, the global sales of residential and commercial smart glass are estimated to observe a substantial CAGR of over 15% during 2018-2028.

According to a new market study of Future Market Insights, the demand for residential and commercial smart glass will remain on a constant high over the coming years. The global residential and commercial smart glass market is currently receiving strong demand from the commercial sector.

However, it is more likely that the demand for smart glass will gather momentum in the residential sector, in the near future. The report attributes this demand growth to increasing initial interest of buyers in residential and commercial smart glass, particularly for bungalows and luxury apartments.

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Energy Control & Other Clean Technology Initiatives to Boost Residential & Commercial Smart Glass Market Growth

Various initiatives for the clean technology and mostly related to energy conservation and sustainable use of energy is driving the customers to use different products which would serve the purpose.

Also, these initiatives are compelling manufacturers of residential and commercial smart glass to invest heavily in the development of versatile products compatible for efficient energy consumption, besides basic functionalities of smart glass.

On the other side, residential and commercial smart glass solutions incur heavy initial expenditure that includes procurement as well as installation expenses. High procurement and maintenance expenses will remain longstanding challenges associated with the revenue growth of residential and commercial smart glass market.

Moreover, though most residential and commercial smart glass solutions are dirt-proof and demand occasional cleaning, regular maintenance is required to keep these integrated technologies bug-proof, which further demands expensive regular maintenance. This is projected to have a restraining impact on the overall adoption rate of residential and commercial smart glass solutions.

Global Residential and Commercial Smart Glass Market Forecast

As far as the residential and commercial smart glass market is observed for indoor conference room, office privacy protection, shower room and product projection application, switchable PDLC (Polymer dispersed liquid crystals) residential and commercial smart glass are used the most.

By region, North America is anticipated to dominate the global residential and commercial smart glass market over the forecast period. North America residential and commercial smart glass market, is expected to be followed by Europe residential and commercial smart glass due to the high percentage of luxurious homes and other commercial building in the region.

In terms of growth rate SEA & others of APAC has the highest CAGR in the residential and commercial smart glass market, followed by China and Latin America residential and commercial smart glass market, which also have a good growth rate compared to the other regions in the market.

The market for the residential and commercial smart glass market is segmented on the basis of end-user, technology type and regions. The end–user segment in the residential and commercial smart glass market is further divided into residential and commercial segments.

The residential segment is then further divided into smart windows & doors, smart glass partitions, smart shower glass, and smart glass walls. The commercial sector is further segmented into commercial buildings, architectural use, automobiles, aircraft, marine, consumer electronics and others.

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Residential and Commercial Smart Glass Market: Segmentation

On the basis of end user, the global residential and commercial smart glass market has been segmented into:

Residential
- Smart Windows & Doors
- Smart Glass Partitions
- Smart Shower Glass
- Smart Glass Walls
Commercial
- Commercial Buildings
- Architectural Use
- Automobiles
- Aircraft
- Marine
- Consumer Electronics
- Others

On the basis of technology type, the global residential and commercial smart glass market has been segmented into:

Electrochromic
Thermochromic
Photochromic
Suspended Particle Device
Liquid Crystal

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Market Projected to Grow 4X Between 2018 and 2028

Evolving preferences of consumers have been offering creative freedom to the manufacturers to foster innovation in the residential and commercial smart glass vicinity. High investments in the manufacturing of customized smart glasses based on the infrastructural requirements are witnessed, which translates into lucrative business opportunities.

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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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Non PVC Plasticizers Market | Size, Latest Trends, Regional Insights Dynamics By 2026

Worldwide demand for non-PVC plasticizers is witnessing a sheer proliferation in line with rising end-user inclination for cost-effective & reliable additives. The non-PVC plasticizers market is estimated to witness sales growing at a CAGR of over 3.5% through 2026, as per the latest research study by Future Market Insights (FMI).

According to the FMI report, non-PVC plasticizers sales remain highly influenced by a cohort of factors, ranging from burgeoning investments in healthcare arena to rising demand for advanced solutions across multiple end-use verticals.

Among all product types in the non-PVC plasticizers market, end-users will shift their preferences for benzoate plasticizers during the forecast period. This buoyancy can be attributed to ability of benzoate plasticizers to offer expanded performance utility over any other product types.

As per the FMI research study, demand for non-PVC plasticizers will witness exponential growth in manufacturing of medical products by 2026. Plasticizers will continue to be highly sought-after in order to attain the appropriate level of flexibility and softness.

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Some of the products in the medical products space, including bags, gloves, and tubing, are likely to register substantial demand for Non-PVC Plasticizers in the forthcoming years. While the demand of non-PVC plasticizers for medical products is estimated to witness 1.4X growth, tubing is likely to create notable incremental $ opportunity by 2026 end.

Similar to cases of all medical devices, medical equipment with plasticizers is subjected to uncompromising pre- as well as post-market evaluation processes for ensuring safety & performance, unveils the FMI report.

In response to the aforementioned, manufacturers in the non-PVC plasticizers market are making their products undergo rigorous examination, with an objective of boosting end-user confidence and repeating sales.

As per the FMI analysis, China is likely to flourish and capture a significant position, both in value and volume projections, in the global non-PVC plasticizers market for application market in 2019 and the status quo is unlikely to change during the assessment period. Rapid growth in the pharmaceutical, healthcare, and personal care spaces are among the prime factors favouring growth of non-PVC plasticizers market.

However, ambiguities over use of plasticizers will continue to dent end-user confidence, thereby challenging growth of non-PVC plasticizers market. Phthalates, holding nearly 57% share in the overall non-PVC plasticizers market, remain one of the widely-used ones across multiple applications.

Though Phthalates offer multiple advantages, they do carry the risk of various adversities with respect to health and environment. In line with this, stringent and uncompromising regulations would restrict the use of non-PVC plasticizers, deterring growth of non-PVC plasticizers by a certain extent.

According to the FMI analysis, leading manufacturers operating in global non-PVC plasticizers market are focusing on commercialization of products that comply with international certifications and regulations- a key to consolidation in the global market space.

In addition, the key manufacturers are also vying to expand customer bases across key countries of Asia Pacific, a region with promising in terms of sales of non-PVC plasticizers. The participants of the non-PVC plasticizers market also remain involved in differential business models and strategies, such as strategic mergers and acquisitions, with an objective of amplifying their reach and cementing their position across multiple regions.

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Key Segments

By Product type

Phthalate
Trimellitates
Tetrapthaletes
Aliphatic
Cyclohexanoates
Benzoates

By Application

Paints & Coating
Rubber Products
Adhesive & Sealant
Personal Care Product
Medical Products
Household Products

The report features some of the leading manufacturing companies operating in non-PVC plasticizers market, such as Exxon Mobil Corporation, LG Chem Ltd., BASF SE, Evonik Industries AG, Nan Ya Plastics Corporation, Eastman Chemical Company, Arkema Group, UPC Group, Hanwha Chemical Co., Ltd., Ferro Corporation, and others.

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Wooden Boxes Market Size is Expected to Reach Around US$ 9 Billion in 2022

The wooden boxes market size is projected to reach a valuation of US$ 9.0 Billion in 2022, likely to surge at a vigorous 7.1 % CAGR from 2022 – 2032.

This Wooden Boxes market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wooden Boxes market.

Wood is one of the most widely used packaging material in the rigid packaging industry. Wood is a natural product which is long-lasting and offers design variety, choice of surface and shape are concerned. Various wooden packaging solutions are used for packaging of goods. Wooden boxes are one of the widely used packaging solutions for retail and industrial packaging. Wooden boxes are made of various types of wood such as plywood, teak wood, bamboo wood, sandal wood and others.

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The demand for wooden boxes in the packaging market is rising owing to its lower impact to the environment as compared to other materials such as plastic and metal. The demand for wooden boxes is anticipated to escalate owing to the numerous benefits offered by them such as high resistance, sustainability, and recyclability along with the cost-effectiveness.

The wooden boxes are designed to protect the packaged goods during shipping & transportation and ensure the safety of staff during shipping of the goods. The wooden boxes are made of different wood types like teakwood, plywood, sandal wood and others. Manufacturers offer wooden boxes for packaging of various goods such as food & beverages, building & construction, industrial machineries, automotive, electrical & electronics parts, and others.

Wooden Boxes Market: Dynamics

The market for wood packaging has witnessed significant growth in the past couple of decades. Wooden based packaging solutions such as boxes and crates offer several advantages over plastic packaging solutions such as sustainability, environmental-friendly, and recyclability along with cost-effectiveness. The global market for wooden boxes is primarily driven by building & construction and industrial machinery packaging owing to their rigidity and resistance against breakage and deformation.

The design and structure of wooden boxes provides humidity regulation and good ventilation for improving the shelf-life of the food products such as fruits and vegetables. Various automotive parts are packaged in the wooden boxes for impact resistance and safe shipping & transportation. Owing to these factors the global market is expected to have high growth and have a positive outlook during the forecast period.

Despite the positive outlook, some factors that might hamper the growth of the global market for wooden boxes. One of the factors is the availability of alternative better packaging solutions such as intermediate bulk containers made of metals such as stainless steel, aluminum etc. Furthermore, the raw material used for manufacturing wooden boxes directly affects the environment.

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Wooden Boxes Market: Regional Outlook

Geographically, the global wooden boxes market has been divided into seven key regions which includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. Europe wooden boxes market is expected to have a positive outlook, which can be attributed to the stringent regulations against usage of plastic. Also, consumers in the developed countries are now more concerned about the harmful effects of prolonged usage of plastic. This is expected to fuel the demand for wooden boxes in retail packaging applications.

Wooden Boxes Market: Key Players

Following are some of the key players operating in the global wooden boxes market: Green Pack Industries, Nefab Group, EMBALEX, S.L.U., Napa Wooden Box Co. and more. Many local and unorganized players are expected to contribute to the global wooden boxes market during the forecast period.

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

Wooden Boxes Market: Segmentation

The global market for wooden boxes has been characterized based on wood type, application, and end-use.

On the basis of wood type, the global wooden boxes market has been segmented as:

Teakwood
Sandal Wood
Bamboo Wood
Ply Wood
Other Wood

On the basis of application, the global wooden boxes market has been segmented as:

Retail Packaging
Industrial Packaging

On the basis of end-use industry, the global wooden boxes market has been segmented as:

Food & Beverages Packaging
Electrical & Electronics Packaging
Building & Construction Packaging
Healthcare Packaging
Automotive Packaging
Other Industrial Packaging

Report Highlights:

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

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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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Turpentine Market | Current Scenario Trends, Comprehensive Analysis & Regional Forecast to 2028

Turpentine sales are expected to surpass 400 KT in 2022, and will record a 4.6% Y-o-Y growth over 2021, according to a recent study of Future Market Insights (FMI). Fragrance manufacturers, followed by cosmetics companies, continue to account for maximum volume sales of turpentine.

As the focus on bio-based products intensifies with rising sustainability quotient, the demand for turpentine is most likely to thrive at a robust pace over the coming years.

The report opines that consistently high demand for alpha & beta pinene, limonine, and a few other popular aromatic compounsds will remain the key booster to highest turpentine consumption by fragrance manufacturing companies. Fragrance applications currently account for more than 40% of total consumption volume of turpentine.

Besides cosmetics, which is the second most sought after application of turpentine, paints and coatings industry is also likely to develop a consumer market for turpentine in coming years – particularly in Asia Pacific.

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Demand-supply Imbalance Restricting Developed Regional Markets

With falling production of gum turpentine in developed regional markets, manufacturers of turpentine based in North America and Europe continue to face price volatility and subsequently, the demand-supply imbalance.

Developed markets majorly rely on turpentine imports and FMI envisages that pricing and supply uncertainly has been compelling manufacturers to shift to turpentine alternatives. This scenario is further complicated by the labor intensive production process of turpentine, which will remain the key challenges limiting revenue growth of turpentine market.

Production-wise, China, Brazil, and Indonesia continue to lead turpentine landscape, according to the report. Escalating number of large-scale processing facilities and increasing pine tapping activities have underpinned the development of a key production and consumer market for turpentine in East Asia.

On the other side, prominent countries such as Vietnam and Indonesia are creating a highly favorable scenario for turpentine production and export, in South Asian region. In addition to widespread availability of pine forests and relatively economic labor, China’s strong industrial base is upholding the most attractive market position for East Asia. Flourishing cosmetics and personal care industry is also accelerating consumption of turpentine in this region.

Top 10-12 players collectively account for 30-35% share in the global turpentine market. FMI’s report tracks some of the most prominent active partakers in the competition analysis, some of which include PT. Naval Overseas, Wuzhou Pine Chemicals Ltd., Punjab Rosin and Chemicals Works, Wuzhou Sun Shine Forestry & Chemicals Co., Ltd., Forestar Chemical Co., Ltd., Deqing Yinlong Industrial Co., Ltd., Deqing Jiyuan synthetic Resin Co., Ltd., Resin Chemicals Co., Ltd, CV. Indonesia Pinus, Guilin Songquan Forest Chemical Co., Ltd., EURO-YSER., and Vinhconship Group.

While a majority of companies operating in the competitive landscape of turpentine market are prioritizing gum turpentine production expansion, the report expects most of investments in developing Asian and African countries.

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Turpentine Market by Category

By Application:

Cosmetics
Fragrance
Food
Paints & Coatings
Others

Shifting preference towards the utilization of natural ingredients from petroleum products across the cosmetics and personal care industry is expected to influence sales of turpentine. Petroleum products contain volatile organic compounds (VOC) that have harmful effects on humans and the environment.

Hence, manufacturers are shifting their preference towards using natural sources of automatic chemicals such as turpentine oil in the production of personal care and cosmetic products including perfumes, body lotions, and others.

In addition to this, implementation of stringent regulation towards the use of VOC compounds and petroleum derivatives in personal care and cosmetic products across the U.S., China, the U.K., India are expected to favour the growth in the market.

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Foldable Steel Containers Market is Expected to Be Worth US$ 130 Billion

The foldable steel containers market size reached a valuation of US$ 90 Bn in 2022 and expected to reach US$ 130 Bn in 2032, at a 3.75% CAGR.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Foldable Steel Containers Market over the Assessment Period 2022-2032.

A detailed study on foldable steel containers market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global foldable steel containers market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales foldable steel containers in the coming 10-years.

The market is expanding rapidly due to increased maritime shipping as a result of increased trade agreements among nations. The majority of foldable steel containers are manufactured in accordance with the International Organization for Standardization (ISO) specifications, primarily to enable smooth and hassle-free loading/unloading and to ensure that the container will withstand extreme environments and structural integrity during transportation.

Foldable steel containers are reusable industrial containers used for storing and transporting bulk liquid products. When the sides of foldable steel containers are empty, they can be folded inward, allowing the container to collapse into a much smaller package for return shipment or storage. Almost all rigid foldable steel containers are designed to be stacked vertically one on top of the other using a forklift. The foldable steel containers are made of FDA-approved materials and are suitable for use in environments with the strictest hygienic standards.

Key Foldable Steel Containers Market Takeaways and Projections

The U.S. is expected to lead the North america foldable steel containers market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of foldable steel containers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global foldable steel containers market. Some of the prominent market players are Schoeller Allibert Holdings B.V., Bekuplast GmbH, S. Smith, Loadhog Ltd., friedola TECH GmbH, Qingdao Guanyu Plastic Co. Ltd., KTP Kunststoff Paletten Technik, RPP Containers Ltd.

Key Segments Profiled in the Foldable Steel Containers Industry Survey

Foldable Steel Containers Market by Material:

Stainless Steel Foldable Containers
Carbon Steel Foldable Containers

Foldable Steel Containers Market by End Use Industry:

Foldable Steel Containers for Transport & Logistics
Foldable Steel Containers for Food and Beverage
Foldable Steel Containers for Agriculture
Foldable Steel Containers for Pharmaceuticals & Cosmetics
Foldable Steel Containers for Other End Use Industries (Automobile, etc.)

Foldable Steel Containers Market by Region:

North America Foldable Steel Containers Market
Latin America Foldable Steel Containers Market
Europe Foldable Steel Containers Market
Asia Pacific Foldable Steel Containers Market
Middle East & Africa Foldable Steel Containers Market

Synthetic Camphor Market | Size, Historical Growth, Analysis, Opportunities and Forecast To 2028

Pharma-grade synthetic camphor is extensively used in various topical analgesic products such as ointments, oils, gels, and chest-rubs. These pharma-grade synthetic camphor for topical pain management products are witnessing significant demand owing to consumer preference for self-medication, undergird by enhanced and easy accessibility of OTC products.

According to the report, pharma-grade synthetic camphor is projected to account for more than 50% volume share in 2019 in the synthetic camphor market.

According to the latest Future Market Insights (FMI) report, the volume sales of synthetic camphor are likely to exceed 36 thousand tons in 2019. Pharmaceutical industry has been a leading end-user of synthetic camphor, upheld by ongoing research activities on extending application scope of synthetic camphor in medicinal formulations.

Pharma-grade synthetic camphor sales are also significantly driven by growing demand for private-labelled camphorated medical products. For example, private labelled analgesic products have gained increased popularity in the US, as they are devoid of FDA approval, and witness strong promotion from retailer businesses.

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A key factor restricting adoption is regulations on the use of synthetic camphor in pharmaceutical products, such as the US FDA’s classification of certain camphorated oil products would require patients to hold doctor’s prescription for consumption. Moreover, rising costs of raw materials such as turpentine oil is emerging as a key concern for manufacturers producing pharma-grade synthetic camphor.

Gains Remain Strong from Synthetic Camphor Sales in Plasticizer Production

Synthetic camphor continues to witness robust adoption in plasticizer production, which prevails as a critical component for paint and coating formulations. Additionally, demand for plasticizers in PVC and cellulose fiber production, has significantly underpinned sales of synthetic camphor. The study estimates sales of synthetic camphor in plasticizer production to surpass 13 thousand tons in 2019.

Rise in the construction sector, along with increasing demand for renovation and maintenance of existing structures, continues to drive demand for plasticizers in flooring and wall covering applications. Additionally, remarkable demand for plasticizers in flexible Polyvinyl Chloride (PVC) manufacturing, and to soften plastics used in wall covering and flooring, will remain a key sales determinant of synthetic camphor.

East Asia to Hold Pole Position in Synthetic Camphor Market

According to the FMI report, East Asia is likely to remain lucrative in the synthetic camphor market. In East Asia, China is expected to account for the highest sales of synthetic camphor, surpassing 12 thousand tons in 2019. Owing to the presence of a large number of pharma-grade synthetic camphor manufacturers in China, the country is witnessing the growing demand for synthetic camphor.

Growing overseas demand for synthetic camphor and significant growth in Chinese gum turpentine industry are the key factors influencing the market growth in the country. Additionally, with the development of Chinese gum turpentine derivatives such as synthetic camphor and synthetic borneol, overseas companies are eyeing use of these derivatives over gum turpentine.

Majority of the pharma-grade synthetic camphor manufacturers are concentrated in China and India, exporting their products to Europe and the US. Due to the availability of raw materials and synthetic camphor on a large scale in China and India, global manufacturers of camphor and other related chemical are focusing on expanding their businesses in East Asia.

Synthetic camphor Market: Segmentation

Grade

Technical Grade Synthetic Camphor
Pharma Grade Synthetic Camphor

Application

Pharmaceuticals
Personal Care
Plasticizer
Flavour & Fragrance
Others

The FMI report also tracks the synthetic camphor market for the forecast period 2018 to 2028. According to the report, volume sales of synthetic camphor is likely to register 3.0% CAGR through 2028.

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Key Trends

The cost of synthetic camphor during the fiscal year 2017-18 has plunged suddenly and with a hike of over 60% as compared to the year before. The abrupt rise in the prices of synthetic camphor while the cost of its raw material has remained stable is due to the supply shortage of synthetic camphor in the market.

As a counteraction to this, several market participants are focused towards ramping up their production capacities. These manufacturers are involved in exporting their products and are channelizing their efforts towards establishing channel partners in their respective target markets.

One of the key synthetic camphor manufacturer, Kanchi Karpooram Limited, is noted to be in the final stages of expansion of its facility in India, awaiting environmental clearances. Once approved, the company will be able to double its synthetic camphor production and accelerate its revenue growth.

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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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Industrial Cleaners Market is Reaching a Market Value of US$ 32.45 Bn by the End of the Forecast Period 2028

The industrial cleaners market is highly fragmented owing to the presence of a large number of global and domestic players who are leveraging product differentiation to stay ahead in the game.

Improved aesthetics and fragrance coupled with innovative production processes to increase product shelf life is pushing revenues in the market for industrial cleaners, as elucidated in a new research study by Future Market Insights (FMI).

The market is creating increasing growth opportunities for both existing players as well as new entrants. Industrial cleaners manufacturing is relatively cost effective, given the low production costs owing to low investment of capital and limited process training.

A low entry barrier for new players is characteristic of the industrial cleaner’s market. Increasing Demand from End-Use Industries to Push Manufacturers Towards Innovation; Global Market Revenue to Hit US$ 20 Billion in 2019

According to a senior analyst in the Chemicals domain at FMI, “Established global players in the industrial cleaners market are primarily focussing on increasing their manufacturing capacities as well as introducing sustainable and multipurpose industrial cleaners to stay competitive in the ever-growing market. Global players are thriving in the industrial cleaners market due to their widespread distribution channels, sales networks, and wide product portfolios, and are able to maintain a steady year-on-year growth in revenue. Domestic manufacturers, although large in number, offer stiff competition to the global players in their respective regions in the industrial cleaners market.”

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FMI attributes growth in sales of industrial cleaners to rapidly increasing demand from end-use industries.

Adoption of industrial cleaners has increased significantly across industries such as food and beverages, manufacturing, oil and gas, petrochemicals, and other industries. Growing health and safety concerns especially in the manufacturing sector is pushing demand for industrial cleaners.

Industrial cleaners clean and protect manufacturing equipment and make it safe, free from corrosion, and more efficient. Industrial cleaners also help reduce the harmful effects of chemicals used in manufacturing processes on human health as well as the environment. This is one of the significant factors boosting adoption of industrial cleaners across end-use industries.

Sustainable Industrial Cleaning Solutions Trending the Global Market

Global warming has led to a growing demand from industries for sustainable cleaning solutions that are environment friendly, efficient, and safe for human health. Manufacturers of industrial cleaners are launching sustainable products that are safe and effective in a bid to stay competitive.

Multipurpose Industrial Cleaners are a New Trend in the Global Market

Manufacturers in the industrial cleaners market are launching multipurpose cleaners capable of serving different purposes such as degreasing, acidic cleaning, and other cleaning functions. Launch of a single product with multipurpose functions is a key manufacturer strategy being witnessed in the industrial cleaners market.

Segmental Insights from FMI’s Report on the Industrial Cleaners Market

The degreasers product type segment is expected to hold high market share in the industrial cleaners market, as degreasers are the most common type of industrial cleaners used in manufacturing industries for cleaning equipment with moving parts, which tend to accumulate rust and grease.
The oil and gas and petrochemicals end-use industries are expected to register high demand for industrial cleaners. The use of multiple chemicals and equipment in these industries is expected to fuel adoption of industrial cleaners.

Industrial Cleaners Market: Regional Insights

Growth of the industrial cleaners market is expected to be driven mainly by the markets in China, South East Asia & Pacific, and India. North America and Europe are projected to hold high market shares in the global industrial cleaners market, and these regions are expected to create huge demand for industrial cleaners due to the growing number of manufacturing industries.

The rapidly expanding population and increasing need for consumer goods in China and India has led to rapid development of the manufacturing sector, which in turn is expected to create huge demand for industrial cleaners.

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Industrial Cleaners Market: Segmentation

Product Type

Acidic Cleaners
Optical Effect Products & Stabilizers
Surfactants
De-foaming Agents
Disinfectants
Degreasers
Deodorizers
Refinery Specific Cleaners

End Use Industry

Oil, Gas & Petrochemicals
Power Generation
Metallurgy
Chemicals
Food & Beverages
Paper & Print
Sugar
Textiles
Other Manufacturing

Key Players in the Industrial Cleaners Market

Some of the leading players in the global industrial cleaners market include Kao Chemicals GmbH, Neos Company Limited, BASF SE, Croda International plc, Huntsman Corporation, 3M Company, Stepan Company, Quaker Chemical Corporation, WVT Industries, The Dow Chemical Company, Evonik Industries AG, Akzo Nobel N.V., Clariant, Ecolab, Solvay S.A., and Mitsubishi Chemical Holdings Corporation.

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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Automotive Connectors Market Future Analysis, Demand by Regions and Opportunities with Challenges 2029

The Automotive connectors are of two types such as sealed and unsealed connectors. The sealed connectors are used in engine compartment and unsealed connectors are used under the vehicle body. Rising demand for automotive safety are driving needs for sophisticated automotive sensors during the forecast period.

The maximum electrical connections in a car are made of copper cables. Nowadays, major manufacturers are replacing copper cables with plastic optical fiber (POF) for increase data transmission, design flexibility and reduce vehicle weight. Plastic optical fiber needs sophisticated automotive connectors. Rising demand for plastic optical fiber in the automotive industry is driving the demand for automotive connectors.

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Automotive Connectors Market – Novel Developments

Key players major strategy lies in focusing on cutting edge technologies which are specialized but comprehensive. Moreover, leading players in the Automotive Connectors market are also channelizing their efforts toward mergers and acquisitions as a crucial part of the company’s growth & expansion strategy.

In July 2019, Amphenol Corporation partnered with SV Microwave, to provide a number of millimeter wave and SMPx coaxial connectors and cable assemblies for automation and robotics development.
In May 2019, Sumitomo Electric Industries, Ltd. has acquired Sinterwerke Herne GmbH, and Sinterwerke Grenchen AG, for expand its sales channels to cover European automakers and components manufacturers and increase the presence of its powder metal products business in Europe, and further global business opportunities

Automotive Connectors Market- Dynamics

Automotive Connectors Market- Safety and Security Features

Safety and security features such as cruise control, keyless entry, lane departure warning, anti-theft alarm system, and auto emergency braking useful in avoiding fatal accidents as well as provide higher levels of security. Such advanced features are integrated within a vehicle using a considerable number of electronic components. Connectors play a significant role in offering proper power distribution to electronic components. These factors are increasing the demand for automotive connectors market during the forecast period.

Automotive Connectors Market- Growth in Electric Vehicles

Increasing in adoption of electric vehicles with a target to control vehicle emissions has led to increase in usage of electronic components in vehicle. The automotive industry is undergoing a transition phase due to increased adoption of autonomous cars and vehicle to vehicle communication.

The rising demand for vehicular communication is expected to drive the automotive connectors market growth. In automotive industry, electronics usage has grown steadily over the last few years, due to the introduction of advanced features such as driverless features, voice commands, etc. As the industry is moving towards hybrid and electric vehicles the opportunity for automotive connectors is also increasing globally.

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Automotive Connectors Market- Development of Combined Connector Technology

The development of combined connector technology is significant trends which expected to gain traction in the automotive connectors market. Combined connector technology increases wire retention, PCB attachment capabilities, offer robust resistance to shock, high temperatures, thermal expansion, and vibration over long period of time. Combined connectors are more reliable than conventional cable for connecting two PCBs, that are near but not in the same orientation or alignment location.

Also, the development of combined automotive connectors technology is estimated to meet the increasing demand for efficient and reliable connectors for automotive applications in harsh environments.

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 of the global automotive connectors market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with automotive connectors market attractiveness as per segments.

Automotive Connectors Market- Segmentation

By product type

IC
PCB
Fiber Optic
RF
Others

By accessories

Connector Caps & Covers
EMC Shielding
Locks and Position Accessories
Other Connector Accessories

By connectivity

Wire to Board
Wire to Wire
Others

By application

Car
Truck
Bus
Off-Road

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