Rigid Tray Market is Predicted to Reach USD 14.3 Billion, Globally by 2034 at 2.2% CAGR: Future Market Insights, Inc.

The rigid tray market has shown steady growth over the years. Looking ahead to 2024, the projected size of the industry is USD 11.5 billion, indicating a positive growth trajectory. The value-based is estimated to be a CAGR of 2.2% from 2024 to 2034. In 2023, the industry was valued at USD 11.2 billion, and it is estimated to reach USD 14.3 billion by the end of 2034.

The rigid tray market is primarily driven by the growing demand for efficient food packaging solutions in the industrial world, as well as the increasing focus of multinational companies on expanding their geographical reach. Besides this, the cosmetics and personal care sector in countries like India, South Korea, Japan, and Thailand is also generating demand for rigid trays, as they are crucial components in packaging skincare products and makeup kits.

The demand for sustainable packaging, such as biodegradable plastics, recycled paper, and plant-based fibers, is also driving the growth of the rigid tray market. These trays are popular among eco-conscious consumers and businesses, as they reduce carbon footprints and provide a sophisticated feel to end users.

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Technological advancements, such as QR codes, RFID tags, and NFC chips, have accelerated the adoption of these trays in various industries. However, the high costs of rigid trays pose a significant barrier to progress, as small-scale businesses are hesitant to invest in packaging their products in rigid trays. Disposal concerns and waste generated by these trays also deter businesses from using them in their packaging.

How are New Entrants Revolutionizing the Rigid Trays Market?

The start-up ecosystem in the rigid trays market is intense with frequent innovations being made. Start-ups in the rigid trays market are focusing on multiple additional properties for further bolstering the adoption of this product on a large scale. They are making efforts to create products that are recyclable or out of sustainable materials that can be taken up by consumers for day-to-day shopping decisions.

The start-ups are seizing the market with sustainable packaging innovation with cutting-edge, eco-friendly solutions. Mobius a start-up company that makes biodegradable plastic pellets from paper industry waste is just one example.

Mobius’ product uses lignin, which is best described as the glue that holds plants and trees together. For the paper industry, lignin has to be removed in order to make most products, but as the has waned in the digital era, it is looking for ways to unlock value from waste.

No Waste Technology, this start-up is tackling laminated paper, which is used routinely in convenience food packaging, by offering laminated papers that are 100% recyclable and sustainable.

“Companies should prioritize sustainability by developing eco-friendly packaging solutions, such as biodegradable or recyclable materials. Investing in advanced manufacturing technologies for higher efficiency and customization can also differentiate them. Embracing smart packaging solutions like RFID tags for improved traceability and customer engagement is crucial” Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).

Key Takeaways from the Market Study:

  • The single cavity segment dominates the global rigid tray market with a share of 57.2% in 2024.
  • Based on the end use, the commercial segment leads the rigid tray market with a share of 45.9% in 2024.
  • The rigid tray market in India is anticipated to grow at a CAGR of 5.1% through 2034.
  • The rigid tray market in China is estimated to rise at a 4.5% CAGR through 2034.
  • The rigid tray market in Thailand has the potential to increase at 4% CAGR through 2034.
  • The United States rigid tray market is predicted to rise by 0.7% CAGR through 2034.
  • The rigid tray market in the United Kingdom is very likely to grow at a CAGR of 0.8% through 2034.

Competitive Landscape:

The rigid tray market is fairly fragmented, with enterprises of all scales having scope to thrive.  Manufacturers are paying increasing attention to curating environmentally viable product offerings. Large-scale manufacturers leverage their extensive resources to invest in advanced technologies and large-scale production, ensuring cost efficiency and broad market reach. Meanwhile, small-scale companies are competing with international ones as they capitalize on niche markets and offer personalized customer service.

Key Players in the Rigid Tray Industry

  • ALPLA-Werke Alwin Lehner GmbH & Co KG
  • Amcor Limited
  • DS Smith Plc
  • Berry Plastics Corporation
  • Klöckner Pentaplas
  • Plastipak Holdings, Inc.
  • Pactiv Evergreen Inc.
  • Sealed Air Corporation.
  • Silgan Holdings, Inc.
  • Sonoco Products Company

Recent Developments

  • In April 2024, Faerch Group opened its Cirrec plant in Duiven to recycle 60,000 tonnes of PET trays annually, aiming for true circularity in rigid food packaging and encouraging a Net Positive approach to environmental sustainability.
  • In July 2023, Sainsbury’s switched from plastic to cardboard for their own-brand steak trays, reducing plastic content by 70% and saving 10 million pieces of plastic annually. This initiative aligns with their environmental commitment to reduce plastic packaging.

Key Segments of the Rigid Tray Industry

The rigid tray market can be segmented based on product type, material, sales channel, and end use.

By Product:

Product segmentation includes single-cavity and multiple-cavity trays.

By Material:

Material segmentation encompasses plastic, paper, and aluminum trays.

By Sales Channel:

Sales channels are categorized into direct sales, distributors, brick-and-mortar stores, and e-retail platforms.

By End-user:

End use segmentation covers manufacturing, commercial, institutional, and household sectors.

By Region:

Key countries of North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa (MEA), and Oceania have been covered in the report.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cider and Perry Market Growth Prospects: Industry Analysis, Demand Forecast, and Key Trends to 2033

An infographic-style image representing the 'Cider and Perry Market'. It features a variety of cider and perry bottles and glasses, some made from apples and others from pears, with a backdrop of orchards. Include visual indicators of market trends, growth charts, and statistics, with emphasis on natural ingredients and sustainable production. The design should be clean and professional with subtle earth tones to highlight the organic and artisanal aspect of the market.

The global cider and perry market size is experiencing robust growth, with demand anticipated to be valued at $92.4 billion in 2023, and is forecasted to grow at a CAGR of 3%, reaching $124.7 billion by 2033. This growth trajectory is attributed to shifting consumer preferences towards ready-to-drink beverages and the increasing popularity of craft beers.

Market Dynamics and Growth Factors

From 2016 to 2022, the cider and perry market registered an impressive CAGR of 6%. The market’s expansion is driven by the introduction of mass-market brands offering cider drinks at competitive prices and a rising demand for beer alternatives in mature markets like the USA and Australia. This trend is creating significant opportunities for cider and perry manufacturers to innovate and capture a broader consumer base.

Draught cider and perry currently account for 46.8% of the market share, with the beverage gaining popularity among both young and older demographics. The market’s growth is further supported by increasing production volumes, market innovation, and product diversification.

Regional Insights

North America holds a substantial share of 34.7% in the global cider and perry market. The presence of leading cider producers and high regional demand, coupled with increasing disposable incomes, is driving market growth. Technological advancements and significant R&D initiatives in the USA and Canada are contributing to the region’s dominance.

Europe is projected to capture a 40.7% market share by 2023. The region’s market is bolstered by a rising number of breweries and innovative cider flavors, attracting a diverse consumer base. High consumer spending on food and beverages and the presence of numerous market players further fuel growth.

The Asia Pacific region is expected to exhibit significant growth over the forecast period. The rapidly growing food and beverage industry, particularly in emerging markets like India and China, is driving demand for cider and perry. Manufacturers are responding by increasing production to meet rising consumer demand for premium alcohol brands and varied flavor profiles.

Market Challenges

Despite the promising growth prospects, the cider and perry market faces challenges. Increasing health awareness among consumers about the negative impacts of alcoholic beverages poses a potential impediment. Additionally, distinguishing cider and perry products from sparkling wines and raising product awareness remain key challenges for market participants.

Competitive Landscape

The cider and perry market is highly competitive, with major players such as Crispin Cider Company, WOODCHUCK CIDER, Louis Dupont, Ace Cider, and Aspall leading the market. Several regional players are also making significant contributions, particularly in the Asia Pacific region.

Notable recent developments include:

  • Pall Corporation‘s acquisition of Pall-Austar Lifesciences Limited in March 2022, aimed at expanding manufacturing capacity to support single-use technology supply chain demand in China.
  • Vintage Wine Estates‘ acquisition of ACE Cider in November 2022, enhancing their product portfolio with one of the fastest-growing craft cider brands in the USA.

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Key Segments Profiled in the Cider and Perry Industry Survey

By Product Type:

  • Draught
  • Packaged
  • Keg

By Trade Type:

  • Off Trade
  • On Trade

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Hydrolysed Whey Protein Market Outlook: Trends, Demand, and Market Growth Opportunities to 2033

Hydrolyzed Whey Protein Market
Hydrolyzed Whey Protein Market

The worldwide Hydrolyzed whey protein market is expected to be valued at US$ 4,749.7 million in 2023 and is expected to reach US$ 8,175.5 million by 2033. A CAGR worth 5.6% is expected for the market during the 2023 to 2033 forecast period. Developing wellbeing cognizance among individuals, an expansion in the quantity of wellness habitats and fitness centers, and an expansion in the accessibility of hydrolyzed whey protein in coordinated retails are factors adding to the development of the Hydrolyzed Whey Protein Market.

The overall global Hydrolyzed Whey Protein market is expected to witness an intangible growth in terms of CAGR. Whey protein is globular proteins mixture that is isolated from whey, which is the liquid by-product obtained from cheese production. Whey protein is used as dietary supplement and is attributed as alternative medicines for many health issues. Whey is the leftover product obtained by milk coagulation during cheese production, which consists of all substances soluble from milk after the pH 4.6. Whey is a 5% solution of lactose in water along with lactalbumin and minerals.

Hydrolyzed whey is whey protein that is processed by treating it with acid conditions and high heat to isolate the protein. It is typically composed of 90 to 95% whey protein. This process creates small peptides, or bonds that link the amino acids. This, in turn, makes hydrolyzed whey protein easy for the body to absorb.

Global Hydrolyzed Whey Protein Market: Segmentation 

Global Hydrolyzed Whey Protein market can be segmented on the basis of end use, sales channel

Global Hydrolyzed Whey Protein market can be further segmented on the basis of end use into food and beverages, health supplements and pharmaceuticals. Food and beverages segment is further sub segmented into infant foods, bakery, confectionery, functional beverages, snacks and dairy products.

On the basis of sales channel global Hydrolyzed Whey Protein market can be further segmented into direct and indirect. The indirect sales channel can be further sub segmented into Supermarket, hypermarket, specialty stores, drug retail stores and e retailers.

Global Hydrolyzed Whey Protein Market: Drivers, Restraints, and Trends 

The incredible change in lifestyles, raising awareness of health, a surge in consumption of sports nutrition products, bakery and confectionery products is witnessed to expand the growth of global hydrolyzed whey protein market. Furthermore, the rise in demand for dairy products, growing concerns regarding fitness among consumers, increase in the market for pediatric foods are expected to boost the growth of global hydrolyzed whey protein market.

Additionally, growing trends of ready to drink and ready to cook foods, demand for geriatric dietary supplements, and rise in awareness of personal care, beauty consciousness, and bodybuilding are expected to propel the growth of whey protein market. On the other hand, high manufacturing costs and a high price of whey protein, the stringent regulatory framework for the marketing of whey proteins and lack of awareness regarding the benefits of whey protein are restraining of the whey protein market.

Despite of a numerous drivers for the market, the market still faces a challenge of the growth retardation by certain restraints. One of the most important restraint for the market is the high processing and manufacturing cost of the Hydrolyzed Whey Protein.

There are certain health related concerns with the Hydrolyzed Whey Protein which have hindered the consumers in building a complete trust over the protein powders which stunt the growth of the global Hydrolyzed Whey Protein market. Another important factor which restricts this market to flourish is the stringent regulatory concerns and required certifications for marketing whey protein.

Apart from all these restraints, the rising scope of Hydrolyzed Whey Proteins in infant foods and several other food processing sectors are believed to drive the overall global Hydrolyzed Whey Protein market.

Global Hydrolyzed Whey Protein Market: Regional Outlook 

Depending on the geographic regions, Global Hydrolyzed Whey Protein Market is segmented into seven key regions: North America, Latin America, West Europe, East Europe, Asia Pacific excluding Japan, Japan and MEA.

North America dominates the overall market for Hydrolyzed Whey Protein and holds a maximum share of the global Hydrolyzed Whey Protein market. U.S. is the major market in this region.

Asia Pacific whey protein market is growing rapidly owing to the growing health concerns and increase in the disposable income. Asia Pacific also holds a valuable market share of the global Hydrolyzed Whey Protein market.

The Europe Hydrolyzed Whey Protein market is expected to grow at an average rate owing to the increasing demand of food and beverages in the region.

Global Hydrolyzed Whey Protein Market: Key Players 

Some of the prominent players of Global Hydrolyzed Whey Protein Market are: Hilmar Ingredients, Fonterra, Saputo, Murray, Leprino food CO., Westland Milk producers, Glanbia Foods, Agropur Inc. and others.

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

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

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Key Segments Profiled in the Hydrolyzed Whey Protein Market

By Product Form:

  • Capsulated
  • Powdered

By Application:

  • Dietary Supplements
  • Food & Beverages
  • Pharmaceuticals
  • Personal Care

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Robotic Aseptic Syringe Filler Capper Market is Growing at a Strong CAGR of 4.2% by 2032 | Future Market Insights, Inc.

The global robotic aseptic syringe filler capper market size is projected to be worth USD 3,650.2 million by 2032. Growing quickly is the demand for robotic aseptic syringe filler capper. With a predicted valuation of USD 2,419.1 million in 2022, the global robotic aseptic syringe filler capper market is expected to grow at a CAGR of 4.2% between 2022 and 2032.

The demand for robotic aseptic syringe fillers/cappers is anticipated to be driven by customers’ increasing need for repeatable and reproducible packaging systems. Furthermore, minimizing safety hazards for patients and operators is also fuelling the robotic aseptic syringe fillers/cappers market growth. Sterile drug requirements and easy programmability are major factors driving the sales of robotic aseptic syringe fillers/cappers.

Due to the high initial cost of production, the robotic aseptic syringe filler/capper market is comparatively slower than its traditional counterparts. However, increasing preferences for efficient, highly sterile, and less error-prone systems will likely create growth opportunities for the robotic aseptic syringe fillers/cappers market.

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What is the Competition Landscape in the Robotic Aseptic Syringe Filler Capper Market?

Some of the leading companies operating in the global robotic aseptic syringe filler capper market include

  • ESS Technologies Inc. (U.S.),
  • Steriline Srl (Italy),
  • Vanrx Pharmasystems Inc. (Canada),
  • AST Inc. (U.S.) and
  • Staubli Corporation (U.S.),
  • Marchesini Group SpA (Italy).

There have been many industries that have incorporated robot systems into their packaging systems to maximise efficiency in the packaging process. This is itself a trend for this market as a number of industries are incorporating robot systems into their packaging lines to maximize output.

Various Factors Driving the Robotic Aseptic Syringe Filler Capper Market

The growth of the robotic aseptic syringe filler capper market is driven by several key factors:

  1. Demand for Aseptic Packaging:  The pharmaceutical and healthcare industries are increasingly adopting aseptic packaging to ensure product safety and integrity. Robotic syringe filler capper systems provide a sterile and precise method for filling and sealing syringes, meeting the growing demand for aseptic packaging.
  2. Rising Pharmaceutical Production:  With the expansion of the pharmaceutical industry, there is a need for advanced automation solutions to increase production capacity and maintain quality. Robotic syringe fillers and cappers can meet these demands by accelerating production while ensuring the aseptic conditions required for drug manufacturing.
  3. Market Expansion in Asia:  The market is witnessing growth in the Asia-Pacific region, particularly in India and China, driven by a growing working-age population, increasing healthcare needs, and a rise in pharmaceutical production. These factors are contributing to the increased demand for robotic syringe filling and capping systems.
  4. Technological Advancements:  Continuous technological advancements in robotics and automation have led to the development of more sophisticated and versatile syringe filling and capping systems. These innovations are driving market growth.

Key Segments Profiled in the Robotic Aseptic Syringe Filler Capper Market

By End-User:

  • Pharmaceuticals Market
  • Healthcare Market
  • Food and Beverage Market

By Application:

  • Analytical Batch Production
  • Small Batch Production
  • Pharmaceuticals
  • Proteins
  • Potent Products
  • Personalized Therapies
  • Drug Manufacturing

By Packaging Type:

  • Primary Packaging
  • Secondary Packaging

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Insights into Current Trends and Future Directions in the Premium Cosmetics Market

The global premium cosmetics market is set to experience significant growth, with an estimated revenue of USD 116.23 billion in 2023 and expectations to surpass USD 210.92 billion by 2033, registering a compound annual growth rate (CAGR) of 6.14% during the forecast period. This growth is driven by a surge in demand for luxury cosmetics, influenced by changing fashion trends, rising disposable incomes, and increased consumer awareness.

Key Drivers of Market Growth

  1. Changing Fashion Trends: The evolving landscape of fashion is driving consumers toward premium cosmetics that offer innovative formulations and unique shades.
  2. Shift to Luxury Products: An increasing number of consumers are moving from mass-produced items to luxury products, resulting in heightened demand for premium brands.
  3. Accessibility and Digitization: The rise of online shopping and digital marketing strategies allows consumers to easily access premium cosmetic products, further fueling market growth.
  4. Customization and Personalization: The market is witnessing a growing trend towards customizable products, catering to diverse skin tones and personal preferences.
  5. Focus on Diversity: Luxury cosmetics brands are prioritizing inclusivity, developing products suitable for various skin types and tones, thereby enhancing their market appeal.

Market Insights

  • Skincare Dominance: The skincare segment is anticipated to hold a significant market share due to ongoing product development aimed at addressing skin concerns such as aging, pigmentation, and acne.
  • Online Sales Surge: The online distribution channel is expected to dominate the market, driven by increased internet connectivity and consumer preference for the convenience of online shopping.
  • Demand for Natural Ingredients: A rising awareness of the dangers of synthetic ingredients is pushing consumers towards organic and natural cosmetic products.

Top Market Players of the Premium Cosmetics Market

  • Oriflame Holding AG
  • Yves Rocher International
  • Avon Products
  • The Procter & Gamble Company
  • Elizabeth Arden Inc.
  • Dior Beauty
  • Chanel Beauty
  • Shiseido
  • L’Oreal
  • Estée Lauder
  • Coty
  • The Unilever Group
  • Maesa Ecommerce Inc.
  • Bare Essentials
  • King Kylie LLC
  • Christian Dior
  • Anastasia Beverly Hills Inc.
  • Stila Styles
  • Huda Beauty
  • MAC Cosmetics
  • Sugar Cosmetics

Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com

Key Segments Profiled in the Premium Cosmetics Market Survey

By Product:

  • Fragrance
  • Makeup
  • Haircare
  • Skincare
  • Others

By Nature:

  • Natural & Organic
  • Conventional

By Gender:

  • Male
  • Female
  • Gender-Neutral

By Distribution Channel:

  • Online
  • Offline

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Enameled Cookware Market Poised for Significant Growth Driven by Online Sales and Consumer Trends

The enameled cookware market is poised for significant growth, expected to record a value of USD 1,868 million in 2024, with a robust forecast of reaching USD 3,572.9 million by 2034. This expansion reflects a compound annual growth rate (CAGR) of 6.7% over the next decade, driven by evolving consumer preferences and trends in the cooking industry.

Growth Drivers

  1. Surge in Online Sales: The digital transformation of consumer behavior is significantly increasing online sales of enameled cookware, with brands enhancing their eCommerce presence to capitalize on this trend.
  2. Impact of Promotions: Special promotions, such as seasonal sales on major platforms like Amazon, are driving spikes in cookware sales, illustrating the effectiveness of targeted marketing strategies.
  3. Demand for Eco-Friendly Products: A growing consumer focus on sustainability is prompting manufacturers to innovate with recyclable materials, appealing to environmentally conscious buyers.
  4. Interest Among Younger Consumers: Gen Z is increasingly investing in stylish cookware, influenced by social media trends, leading brands to adapt their marketing strategies to target this demographic.
  5. Commercial Sector Expansion: The growth of the restaurant and hospitality industries is creating demand for durable, high-quality enameled cookware, as establishments seek to enhance service quality.
  6. Health Consciousness: An increasing focus on health and wellness among consumers is driving interest in quality cookware that supports healthier cooking methods.

Competitive Landscape

The competitive landscape of the enameled cookware industry is characterized by a mix of new entrants and a few established players. Companies are moving beyond traditional Dutch ovens, introducing innovative products such as grill pans, fry pans with lids, and casserole dishes to meet diverse cooking needs.

Key industry players are launching enameled cookware in vibrant colors and appealing designs, enhancing attractiveness for design-conscious consumers.

To engage Gen Z and millennials—who are increasingly interested in cooking—leading brands are leveraging digital marketing strategies. Many are selling their enameled cookware through eCommerce platforms and adopting direct-to-consumer models.

Additionally, companies are enhancing brand loyalty and trust by offering extended warranties and superior customer service. The focus on quality and durability in their enameled cookware has become a central theme in their marketing efforts.

Industry Updates

  • In June 2023, Lodge Cast Iron, which is a leading cast iron cookware company, introduced the all-new USA Enamel™ collection. It is the latest offering of American-made enameled cast iron cookware. It further features a distinct approach to design and Lodge’s heirloom quality.
  • In April 2023, Rachael Ray brand of Meyer Corporation launched Nitro Cast Iron. It is an enameled cast iron collection engineered to unite the best qualities of cast iron while safeguarding from common issues like chipping, rusting, and staining.

Leading Enameled Cookware Brands

  • Le Creuset France SAS
  • Staub Fonderie SA
  • Lodge Manufacturing Company
  • Tramontina USA Inc.
  • Cuisinart
  • Williams-Sonoma Inc.
  • Vermicular
  • Country Door
  • Camp Chef
  • The Coleman Company, Inc.
  • Others

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Key Segments of Market Report

By Product Type:

Based on product type, the industry is divided into ovens, pots, pans, bakery trays, and others.

By Application:

By application, the market is bifurcated into commercial and residential.

By Distribution Channel:

The main distribution channels of enameled cooking vessels include offline and online.

By Region:

The enameled cooking vessels are sold across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Projected Growth: Automotive Timing Chain and Belt Market Expected to Surpass USD 13.2 Billion by 2033, with a CAGR of 4.5% | FMI Reports

Automotive Timing Chain & Belt Market
Automotive Timing Chain & Belt Market

The global automotive timing chain and belt market is projected to grow at a CAGR of 4.5% over the forecast period, according to FMI’s analysis. The market value is expected to rise from USD 8.6 billion in 2023 to USD 13.2 billion by 2033.

This market is set to capitalize on significant opportunities as manufacturers begin to integrate Artificial Intelligence (AI) and data mining into their production processes. The increasing adoption of automotive timing chains and belts is largely influenced by stricter emission regulations and other driving factors.

Moreover, the growing number of racing events featuring a variety of vehicles with varying engine sizes is anticipated to boost demand for high-performance vehicles. This includes SUVs, dirt bikes, monster trucks, solar cars, sprint cars, and touring cars that utilize interference engines.

The rise in sales of high-performance vehicles is likely to elevate the demand for timing belts, which are crucial for the operation of interference engines. With increased participation in racing events, the automotive timing chain and belt market is expected to see a positive growth trajectory.

Original Equipment Manufacturers (OEMs) and timing belt manufacturers are actively engaging in research and development initiatives aimed at improving the durability and longevity of these components. The rising importance of fiber-reinforced materials, known for their ability to enhance component lifespan, is driving market growth. These materials provide advantages such as a higher strength-to-weight ratio, corrosion resistance, and weight resistance, further promoting their use in the industry.

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Key Takeaways from the Automotive Timing Chain & Belt Market Report:

  • China is projected to assume a high speed of market growth in the next ten years. The country is expected to register a 6.1% CAGR from 2023 to 2033 to attain US$ 4.3 billion by 2033.
  • The United Kingdom automotive chain & belt market is slated to achieve market revenue of US$ 229.8 million by 2033. The industry is likely to exhibit a CAGR of 2.6% over the forecast period. Increasing research and innovations in the market are projected to boost market development in the country.
  • The United States market is pegged to attain market revenue of US$ 1.5 billion by 2033. Over the course of the next ten years, the market is projected to demonstrate a 3.3% CAGR. Expanding the automotive sector and increasing the adoption of fiber-reinforced materials in the manufacturing process are projected to boost the market growth.
  • The chain segment is anticipated to represent a CAGR of 4% over the forecast period. New innovations and establishments to advance the chains segment is projected to boost market expansion.
  • The gasoline-powered engine segment is anticipated to exhibit an improved CAGR of 4.4% over the forthcoming years, higher than the 3.9% witnessed in the historical period. Increasing preference for these engines, in addition to growing sales of automotive, is expected to boost the market growth.

Leading Key Players:

  • Tsubakimato Chain Co.
  • BG Automotive
  • Continental AG
  • BorgWarner Inc.
  • Denso Corporation
  • Schaeffler Technologies AG & Co. KG
  • Mitsuboshi Belting Ltd.
  • L.G. Balakrishan & Bros Ltd
  • Daido Kogyo Co. Ltd.
  • SKF AB
  • Iwis Group
  • Gates Corporation
  • Dayco Products LLC
  • Qingdao Choho Industrial Co. Ltd.
  • Rockman Industries Ltd.
  • Sumax Industry Limited
  • CIC USA Corp
  • KCM Automobile Transmission Co. Ltd
  • Mahle GmbH

Recent Developments:

In September 2022, BorgWarner, a Michigan-based company, inaugurated a new Variable Camshaft Timing (VCT) manufacturing unit in Tamil Nadu. This new facility will have centralized assembly of VCT systems and high-performance engine control. Along with this, the factory will also have space for shipping and warehousing. The motive behind the company’s expansion is a heightened order book and a rise in localized sourcing.

In June 2020, Continental AG launched a new timing belt, the CT1228 timing belt, for Peugeot engines and special Citroen. The new CT1228 timing belt has better material properties, which supersedes that of CT1188. These are developed for engines, which permits timing belt to run directly in oils. Additionally, these belts offer greater smoothness and efficiency even in older, high-mileage engines.

Automotive Timing Chain & Belt Market Segmentation:

By Product Type:

  • Chain
    • Roller Chain
    • Non-Roller Chain
  • Belt
    • Dry Belt
    • Belt In Oil

By Engine Type:

  • Gasoline
    • Inline Engine
    • V-Engine
  • Diesel
    • Inline Engine
    • V-Engine

By Vehicle Type:

  • Passenger Car
  • LCV
  • HCV
  • Off-Highway Vehicles

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Surge in Bonded Magnet Sales Forecasted: Industry Expected to Exceed USD 4,150.99 million by 2034 Amidst Growing Demand for Lightweight Components

The bonded magnet industry demand is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The market size is projected to be around USD 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass USD 4,150.99 million by 2034.

The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability.

One significant limitation is the lower magnetic performance compared to conventional magnet materials like neodymium. While advancements in manufacturing processes have improved the magnetic properties of bonded magnets, they may still not meet the requirements of high-performance applications. Moreover, the complexity and cost of manufacturing bonded magnets, particularly in custom shapes and sizes, pose challenges for small and medium-sized enterprises.

With ongoing research and development efforts, manufacturers can further enhance the magnetic performance of bonded magnets, expanding their applicability in high-performance sectors such as aerospace and defense. Furthermore, the growing trend towards electric mobility and automation creates demand for compact and efficient magnetic components, driving the market for bonded magnets.

“The increasing adoption of electric vehicles and renewable energy technologies offers a significant growth opportunity for bonded magnets, particularly in motor and generator applications,” Says an FMI analyst

Key Takeaways from the Market Study

  • The ferrite magnets segment holds a significant market share of 47% in 2024, favored for their affordability and versatility.
  • Calendering bonded magnets dominate with a substantial 63.10% market share in 2024 due to cost-effectiveness and scalability.
  • The United States’ bonded magnet industry is projected to grow at a CAGR of 3.9% through 2034, driven by demands from various sectors.
  • Australia’s market is expected to rise at a CAGR of 4.6% through 2034, propelled by renewable energy projects and infrastructure development.
  • China’s bonded magnet sector anticipates a CAGR of 5.4% through 2034, supported by its diverse manufacturing and EV market.
  • India’s industry forecasts a CAGR of 5.3% through 2034, driven by government initiatives and demand for compact devices.
  • Germany’s market is set to rise at a CAGR of 5.9% through 2034, fueled by the automotive and automation sectors’ demand for high-quality components.

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Competitive Landscape

In the bonded magnet industry, traditional brands like Honeywell and Munters face off against agile startups like Briza and Blaux, each wielding distinct strengths. Differentiation is key, with manufacturers competing on factors like cooling efficiency, water usage, portability, noise levels, and smart home integration. Sustainability also plays a crucial role, with eco-friendly materials and water-saving features attracting eco-conscious consumers. Established players team up with technology providers to integrate smart features, while startups partner with established distributors to reach wider audiences.

Recent Developments:

  • Arnold Magnetic Technologies acquired Ramco Electric Motors, Inc., a stators, rotors, and whole electric motor manufacturer, in March 2021. The purchase broadens Arnold’s capabilities and products in the e-mobility industry.
  • Alliance LLC announced the launch of its new website in February 2021, showcasing its goods and services in bonded magnets, rare earth magnets, and magnetic assemblies.
  • Dexter Magnetic Technologies introduced a new range of bonded neodymium magnets in January 2021, specifically designed for high-temperature and high-corrosion applications.

Key Companies in the Market

  • Arnold Magnetic Technologies
  • Alliance LLC
  • Dexter Magnetic Technologies
  • TDK Corporation
  • Adams Magnetic Products
  • SDM Magnetics Co., Ltd.
  • Ningbo Yunsheng Co. Ltd.
  • Advanced Technology Materials Co. Ltd.
  • MMC Magnetics Corp
  • Dura Magnetics, Inc.
  • National Imports, LLC
  • Super Magnet Co., Ltd.
  • MP Material

Key Segments

By Product:

  • Rare Earth Magnets
    • NdFeB
    • SmCo
  • Ferrite Magnets
  • Others (Alnico, SmFeN, Hybrids)

By Process:

  • Injection Molded Bonded Magnets
  • Compression Bonded Magnets
  • Calendaring Bonded Magnets
  • Extrusion Bonded Magnets

By Application:

  • Sensors
  • Motors
  • HDD (Hard Disk Drives)
  • Level Gauges
  • Instrument Panels
  • Copier Rotors
  • Fuel Filters
  • Magnetic Couplings

By End Use:

  • Automotive
  • HVAC Equipment
  • Medical Devices
  • Cameras
  • Consumer Electronic Appliances
  • Computers and Magnetic Storage Devices
  • Electrical Equipment
  • Measurement Instruments
  • Printers and Copiers

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Bromine Market Surge: Expected to Reach USD 4.7 billion by 2033, Driven by Growing Demand in Agriculture and Electronics

The bromine market size is expected to be worth USD 2.53 billion in 2023 and USD 4.7 billion in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%.

Increased crop yields and modern agriculture have added to the need to store agricultural products for long periods of time, including vegetables, dried grains, cotton, and fruits. The effectiveness of many substances in controlling pests that degrade products stored for long periods of time has been studied.

Factors such as geopolitics, trade policies, and reserves of bromine can influence bromine availability and supply. The efficiency and cost-effectiveness of bromine supply can be impacted by technological advancements in bromine extraction and processing methods.

The use of bromine in power plants reduces air pollution. Coal combustion releases mercury into the atmosphere, and about 40% of global power still comes from coal. Scalable batteries based on bromine ions have been developed in newer technology. As an energy storage technology, bromine is preferred due to its abundance, cost, chemistry, and performance.

Due to changes in consumer preferences, alternative materials can be developed that are free of brominated compounds. The overall economic health of regions and countries directly affects industrial activities and the demand for bromine.

The stable nature of bromine makes it an ideal choice for spas and jacuzzis. As an added bonus, bromine is much gentler on sensitive skin than chlorine. Process water is treated with bromine at major paper and pulp plants in a cost-effective and environmentally friendly manner. A Royal Society of Chemistry report states that bromine is being phased out as fire retardants and in agriculture as a result of toxicity concerns as well as environmental concerns.

Bromine resources in some African and Iranian salt lakes and lagoons have attracted the attention of a few companies. Developing and utilizing bromine resources is also possible in countries that make salt from seawater, like Australia and Mexico.

The Bohai Sea underground brine and sea salt field still uses domestic bromine production capacity as the main raw brine source. Bromine production capacity continues to decline because underground brines continue to diminish year after year.

Key Takeaways

  • Global bromine demand in the United Kingdom is expected to expand at a CAGR of 1.4% during the forecast period.
  • In the United States, the market is expected to reach US$ 1.3 billion between 2023 and 2033.
  • A growth rate of 2.3% is expected for organobromine over the forecast period.
  • China is projected to expand by 2.2% between 2023 and 2033.
  • By 2033, the bromine market in India is anticipated to expand at a CAGR of 2.4% during the forecast period.

“With the growth of oil and gas drilling activities, bromine demand will likely increase. Growing pesticide demand and pharmaceutical industries will drive the market.,” says an FMI analyst.

Competitive Landscape

As the bromine market has developed into a highly competitive environment since the beginning of this century, global demand has increased dramatically. As a result of its expanded and more cost-effective service offerings, the company will be better positioned to compete in an increasingly competitive market.

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Market Developments Include

  • In Febraury 2023, TETRA Technologies, Inc. TETRA has published an S-K 1300 Section 19 Report on its Investor Relations website that provides engineering, cost, and revenue assumptions based on the development of Arkansas bromine assets. Continuing to assess its inferred bromine resources in Arkansas, the Company continues to make progress.
  • In September 2023, Australian-based Redflow Limited will lead the way in energy storage innovation. Commercial, industrial, and utility clients can benefit from Redflow’s zinc-bromine flow batteries that provide efficient and scalable solutions. ZBM3 Battery and Energy Pod are among the company’s flagship products.

Top Key Players in the Global Market

  • Israel Chemicals Limited
  • Albemarle Corporation
  • Tosoh Corporation
  • Tata Chemicals Limited
  • LANXESS AG
  • Sumitomo Chemical Co.Ltd
  • Perekop Bromine
  • Archean Group
  • Jordan Bromine Company
  • Gulf Resources Inc.
  • Hindustan Salts Limited

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the bromine market, the market is segmented on the basis of Derivative Type (Organobromine, Clear Brine Fluids (CBF), Hydrogen Bromide) Application,(Biocide, Flame Retardant, Oil and Gas Drilling, Plasma Etching, PTA Synthesis, Fumigant Synthesis, Others)  End Use (Oil and Gas, Chemicals, Pharmaceuticals and Cosmetics, Electronics & Consumer Goods, Textile, Medical, Agricultural and Pesticides, Automotive, Building and Construction, Water Treatment, Others) and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East, and Africa).

Segmentation Analysis of the Bromine Market

By Derivative:

  • Organobromine
  • Clear Brine Fluids (CBF)
  • Hydrogen Bromide

By Application:

  • Biocide
  • Flame Retardant
  • Oil and Gas Drilling
  • Plasma Etching
  • PTA Synthesis
  • Fumigant Synthesis
  • Others

By End Use:

  • Oil & Gas
  • Chemicals
  • Pharmaceuticals and Cosmetics
  • Electronics and Consumer Goods
  • Textile
  • Medical
  • Agricultural and Pesticides
  • Automotive
  • Building and Construction
  • Water Treatment
  • Other Industrial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Silanes Market Set to Reach USD 4,652.4 million by 2033: Key Trends and Growth Drivers

The global silanes market size is anticipated to reach a valuation of USD 2967.29 million in 2023 and is projected to accumulate over USD 4652.40 million by 2033 while exhibiting a CAGR of 4.6% during the forecast period.

The demand for silane is rising due to high demand from paint & coating formulators and adhesive & sealant manufacturers. Factors like green building construction, residential complex expansions, and increasing renovation activities have boosted the demand for construction sector adhesives. This is expected to drive the market to new heights in the coming years.

Silane plays a crucial role in the electronics industry, particularly as silane gas is extensively used in semiconductors, which are essential components in electronic devices. The increasing global demand for electronic gadgets and devices is expected to significantly contribute to the market’s growth.

The demand for paint and coating products is on the rise, driven by the expanding construction sector that extensively employs silane-based coatings. Over the forecast period, this trend is expected to escalate. Notably, the Asia Pacific region’s growing construction projects and the increasing infrastructural renovation activities in North America and Western Europe are major contributors to the heightened demand for various industrial coatings, adhesives, and plastic components.

The Middle East and South America regions are experiencing a surge in demand for automobiles, leading to an increased need for lightweight, durable plastic components and tires. This surge in demand necessitates a substantial supply of silane products to sustain continuous production operations.

Increased environmental awareness is expected to drive the demand for solvent-free, UV-cured coatings, leading to higher utilization of silane in formulating such coatings. As a result, the paints & coatings application segment is expected to experience growth, thereby contributing to market expansion.

Silane’s anti-corrosive properties and versatile mechanical & electrical characteristics make it essential for manufacturing fiberglass used in wind turbine blades and pure silicon for solar photovoltaic cells. The rising demand for clean energy sources has led to increased installations of solar and wind energy capacity worldwide.

For instance, the United States installed 6.62 GW of onshore wind & solar storage capacity in Q1 2022, marking an 11.5% increase from 2020. Similarly, China’s solar installation capacity reached 53 GW in 2021, representing a 10% increase compared to 2020. This surge in renewable energy installations is expected to drive the utilization of silane in the power generation sector for wind turbines and solar cell applications, positively impacting the growth of the silane industry.

Key Takeaways from this Market Report are:

  • The market in China is expected to expand at a CAGR of 4.7% during the forecast period.
  • The United States market is expected to be worth over USD 850 million by 2033.
  • By product type, organo-functional silanes are expected to generate sales with a CAGR of 5% during the forecast period.

“Growing demand for silanes from adhesive & sealant manufacturers, and paints & coating formulators is expected to drive market growth during the forecast period,” – comments an analyst at FMI.

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The top 22 Players in Silanes Market are:

Key players in the silanes market are proactively engaged in creating and innovating new products with unique attributes to enhance their portfolios and expand their customer base worldwide. Furthermore, some companies are placing a strong emphasis on strengthening their retail networks and establishing well-structured supply chains to efficiently serve their customers.

The key market players involved are:

  1. KCC Corporation
  2. OCI Company Ltd
  3. Dow Inc.
  4. Momentive Performance Materials Inc.
  5. Evonik Industries AG
  6. Wacker Chemie AG
  7. Shin-Etsu Chemical Co. Ltd.
  8. China Bluestar International Chemical Co. Ltd
  9. Dalian Onichem Co. Ltd.
  10. Tokuyama Corporation
  11. Power Chemical Corporation
  12. Nanjing Shuguang Silane Chemical Co. Ltd.
  13. BRB International B.V.
  14. Nanjing Union Silicon Chemical Co. Ltd.
  15. Nanjing Wanda Chemicals Co. Ltd.
  16. Miliken Chemical
  17. Supreme Silicones
  18. Air Liquide Advanced Materials Inc.
  19. Qufu Chenguang Chemical Co. Ltd.
  20. Nitrochemie AG
  21. Gelest Inc.
  22. WD Silicone Co. Ltd.

Some recent developments in the Silanes market are:

  • In October 2021, Brenntag expanded its distribution agreement with Evonik Industries to cover silane product distribution in 16 eastern European countries, including Poland, Czech Republic, Slovenia, Slovakia, Hungary, Serbia, Romania, and others.
  • In October 2021, WACKER bought a 60% stake in specialty silane manufacturer SICO Performance Material Co. Ltd.
  • In January 2021, Momentive Performance Materials acquired Ku Corporation’s (KGC) sales activities in China and its business operations in Korea and the United Kingdom.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global silanes market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the silanes market, the market is segmented on the basis of product type, application, end-use, and region.

Key Segments Profiled in the Silanes Industry:

By Product Type:

  • Organo Functional Silanes
    • Vinyl Silanes
    • Amino Silanes
    • Epoxy Silanes
    • Methacryloxy Silanes
    • Styryl Silanes
    • Acryloxy Silanes
    • Amino Silanes
    • Others
  • Mono/Chloro Silanes
  • Others

By Application:

  • Rubber
    • Tire Rubbers
      • Polyester
      • Nylon
      • Rayon
      • Others
    • Non Tire Rubbers
      • Ethylene-propylene
      • Nitrile Butadiene Rubber
      • Styrene Butadiene Rubber
      • Polybutadiene
      • Natural Rubber
      • Others
  • Plastics
  • Nylons
    • Polycarbonate
    • Polystyrene
    • Poly Vinyl Chloride
    • Others
  • Adhesives & Sealants
  • Fiberglass and Composites
  • Paint, Ink, and Coatings
  • Electronics
  • Mineral and Filler Treatment
  • Surface Protection
  • Others

By End-Use:

  • Building and Construction
  • Oil & Gas
  • Electrical and Electronics
  • Automotive and Aerospace
  • Medical and Pharmaceuticals
  • Chemical and Other Industries

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

Old Source: Silanes Market to be worth USD 4,043.2 Million by the year 2030 – Comprehensive Research Report by FMI

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube