Chickpea Flour Market to See Huge Growth by 2032 | Parakh Agro Industries Ltd, CanMar Grain Products, The Scoular Company

As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

The report covers exhaustive analysis on:

  • How much is the chickpea flour market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Chickpea flour sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for chickpea flour?
  • Who are the major players in Chickpea flour Market?
  • What outlook does APEJ provide?
  • At what rate will the U.S. chickpea flour market grow?
  • At what level does the report reflect pricing analysis?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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2-EthylHexyl Acetate Market to witness a considerable CAGR of 4.6% during the period of 2022 and 2029

Future Market Insights (FMI) has forecast the 2-EthylHexyl acetate market to grow with a year on year growth of 4.5% in 2022 reaching a value of about US$ 228.5 Mn by 2022 end. The global sales is anticipated to witness a considerable CAGR of 4.6% during the period of 2022 and 2029.

2-EthylHexyl Acetate Market Size (2021A) US$ 218.6 Mn
2-EthylHexyl Acetate Sales (2022E) US$ 228.5 Mn
Projected 2-EthylHexyl Acetate Market (2029F) US$ 312.2 Mn
Value CAGR (2022-2029) 4.6%
Collective Value Share: Top 3 Countries (2022E) 42.9%

High boiling point and good solvent power of 2-ethylhexyl acetate market it a popular solvent in the formulation of paints and coatings. Through continuous exploration of its properties, 2-ethylhexyl acetate is finding application in spray coatings and dip-coating technologies. Thus, rising demand for paints & coatings, globally, is anticipated to fuel the demand for 2-ethylhexyl acetate.

2-ethylhexyl acetate is produced from the by-products of crude oil refineries. Volatilities in crude oil prices are resulting in fluctuations in the prices of petroleum-based hydrocarbon solvents such as 2-ethylhexyl acetate, thereby adversely affecting the profit margins of manufacturers. Hike in the prices of petrochemical feedstock, thus, is expected to impede the worldwide production of 2-ethylhexyl acetate in the coming years.

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Key Takeaways of 2-Ethylhexyl Acetate Market Study
  • Purity ≥ 99% is observed to be most-preferred grade type in the market, owing to increasing demand for high-quality products and tightening regulatory scenario.
  • 2-ethylhexyl acetate is used as a brightener in leather processing, and as an additive in fragrance formulation. Increasing consumption of cosmetic & personal care products is estimated to drive the demand for 2-ethylhexyl acetate as a performance chemical. However, the slow growth of the leather industry can have a negative impact on the market.
  • 2-ethylhexyl acetate is also used as a solvent in printing and screen inks. The demand for 2-ethylhexyl acetate is expected to rise, owing to increased consumption of printing inks in the packaging industry.
  • Emerging economies such as India, China, and Mexico are estimated to witness lucrative growth. The positive outlook for the automotive industry and growth of the paints & coatings industry are major factors offering growth opportunities for the 2-ethylhexyl acetate market in these countries.

“2-ethylhexyl acetate is effectively being used as an alternative to conventional solvents, which have relatively higher levels of volatile organic components (VOCs). Increasing regulations regarding VOC components will propel the demand for 2-ethylhexyl acetate in the foreseeable future.”

2-Ethylhexyl Acetate Market: Competition Analysis

The global 2-ethylhexyl acetate market is significantly consolidated, with only a few leading market participants accounting for a high market share. Adoption of integrated business models for controlling the procurement of raw material and supply chain network is one of the key strategies adopted by leading market players. Continuous product & technological innovation and development of customized solutions are few of the key trends being observed in the market. Some of the key players identified in the 2-ethylhexyl acetate market are Chemoxy International Ltd., BASF SE, Polynt SpA, and Eastman Chemical Company, among others.

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2-EthylHexyl Acetate Market Market By Category

By Purity :

  • Purity ≥ 99%
  • Purity < 99%

By Application :

  • Industrial Solvents
  • Performance Chemicals

By End Use Industry :

  • Automotive & aerospace
  • Paints & Coatings
  • Leather Industry
  • Cleaners & Paint Stripping System
  • Others

By Region :

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. FMI Analysis and Recommendation

2. Market Overview

2.1. Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global 2-Ethylhexyl Acetate Market Demand Analysis 2014-2021 and Forecast, 2022 – 2029

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Synthetic Quartz Market anticipated to witness a considerable CAGR of 6.1% during the period of 2022 and 2029

The global synthetic quartz market is expected to witness a year over year growth of 6.3% in 2022 to reach a value of US$ 93.0 Mn by 2022 end. The global business is anticipated to witness a considerable CAGR of 6.1% during the period of 2022 and 2029.

Synthetic Quartz Market Size (2021A) US$ 93.0 Mn
Synthetic Quartz Sales (2022E) US$ 98.9 Mn
Projected Synthetic Quarts Market (2029F) US$ 149.4 Mn
Value CAGR (2022-2029) 6.1%
Collective Value Share: Top 3 Countries (2022E) 46.8%

The electronics industry solely relies on components such as semiconductors, optical fibers, and solar cells. These electronic components utilize synthetic quartz crystal due to its important intrinsic properties. Technological developments are driving the need for high-performance electronic equipment, and have subsequently propelled the sales of synthetic quartz.

Rising demand for electricity in tandem with exhaustion of existing energy sources have accented the need for renewable sources of energy such as solar energy. Globally, the adoption of solar panels is on a steady rise, attributed to increasing power/ electricity consumption in urban and semi-urban areas. Further, notable upsurge in government-funded solar energy projects, especially in China, and India, are expected to work in favor of the synthetic quartz market.

Rising adoption of new technologies in electronics & communication and rapid evolution of automotive industry is expected to fuel the growth of global synthetic quartz market.

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Key Takeaways – Synthetic Quartz Market Report 
  • Synthetic quartz crystal is expected to grow at a higher rate, increasing its market share on account of growing use in end-use industries during the forecast period.
  • The semiconductor industry places the most stringent requirements on quartz purity, creating positive impact on demand for synthetic quartz.
  • East Asia holds a prominent share of the synthetic quartz market due to presence of strong electronics and automotive sectors in countries such as China, South Korea, and Japan. China is one of a major producers and exporters of electronics. Moreover, it has good production to sales ratio (appx. 98%) for electronics. South Korea has a significant share in the global automotive sector.
  • Synthetic quartz and competitive products are gaining more attention from EUV lithography market players.
  • Developing countries have witnessed growth in per capita income, especially in rural areas. Ease of buying electronic appliances has driven the growth of synthetic quartz components in developing countries

Market Landscape Moving towards Consolidation

The synthetic quartz market is highly technology-driven and is dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global synthetic quartz market, Kyocera, Murata Manufacturing, Hereaus (Shin-Etsu), Asahi Glass Company, and others are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

What Does Future Hold?

Increasing purchasing power of customers from developing regions and ease of purchasing electronic appliances is expected to drive the growth of the synthetic quartz market. Moreover, on account of increasing use of synthetic quartz in optical communication, recent developments and growth in optical industry, the synthetic quartz market is projected to witness robust growth during the forecast period.

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Synthetic Quartz Market By Category

By Product Type :

  • Synthetic Quartz Crystal
  • Synthetic Quartz Glass

By End Use :

  • Electronics & Electrical
  • Automotive
  • Military
  • Medical
  • Construction
  • Others

By Region :

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Trends & Success Factor

3.1. Key Trends Impacting the market

3.2. Success Factor

4. Global Synthetic Quartz Market Demand Analysis 2014 – 2021 and Forecast, 2022 – 2029

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/synthetic-quartz-market
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Oil & Gas Pipeline Coatings Market projected to grow at a value of 5.6% CAGR between 2022 and 2029

Demand in the oil & gas pipeline coatings market is projected to grow at a value of 5.6% CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to top US$ 4,733.4 Mn in 2022. According to Future Market Insights (FMI), the global oil & gas pipeline coatings market registered a year-on-year (YoY) growth of 5.5% in 2021.

Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 7 Bn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly account for increasing demand for oil & gas pipeline coatings in the market.

Paradigm shift in coating technologies, along with increase in global energy consumption and proliferating oil & gas pipeline projects will continue pushing sales in the oil & gas pipeline coatings market. Considering this, FMI has forecasted the global oil & gas pipeline coatings sales to reach a valuation of US$ 6,958.0 Mn in 2029.

What was the Impact of COVID-19 Crisis on Oil & Gas Pipeline Coatings Market?

Impact of the COVID-19 pandemic on the chemical and materials industry was moderate. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of oil & gas pipeline coatings. However, the falling demand had its own pros such as fewer gas flares and environmental benefits.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the oil & gas pipeline coatings market.  Increasing prospects of fusion bonded epoxy oil & gas pipeline coatings due to their corrosion resistance properties are also expected to boost demand for the coatings in the forthcoming years.

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Oil & gas Pipeline Coatings Market​ Key Takeaways

  • Fusion bonded epoxy (FBE) coatings, attributing to their low coefficient of friction and low permeability, create a tight barrier that prevents permeation of cold and hot liquids. This property would continue to position them as a preferred choice for oil & gas pipeline coatings.
  • The Asia Pacific region, which has more than 10,000 miles of pipeline under construction and further over 9,750 miles of planned pipeline projects, is likely to reflect robust growth opportunities facing players operating in the oil & gas pipeline coatings market.
  • With crude oil prices recovering, investments in the oil & gas industry are projected to rise by 6% between 2017 and 2025. These will fuel exploration & production activities around the world, propelling oil & gas pipeline coatings demand.
  • In the upstream segment, although onshore sector constitutes most of the market share, offshore sector, driven by increasing investments, is estimated to witness robust growth in the oil & gas pipeline coatings market.
  • Stringent regulations pertaining to volatile organic compound (VOC) emissions are anticipated to impede the growth of solvent-based oil & gas pipeline coatings, which are prone to VOC emissions during the drying process.

Pipe laying in deep waters or high operating temperatures, and increasing corrosive properties of flow materials have been driving advancements in pipeline coatings. These advances such as thermal insulation will bring forth a range of new technological frontiers in the pipeline coatings space in the near future.

Market Landscape Moving towards Consolidation

The oil & gas pipeline coatings market is technology driven and remains dominated by a handful of players that possess extensive R&D capabilities. Leading players operating in the global oil & gas pipeline coatings market, Akzo Nobel N.V., PPG INDUSTRIES, Sherwin-Williams Company, Axalta Coating Systems, RPM International Inc., and BASF SE, are focusing on acquisitions of smaller and technology-driven paint & coating manufacturers to build on their product expertise and enhance market positioning.

What Does Future Hold?

Crude oil prices are extremely volatile in nature, affected by growing U.S. oil & gas production, OPEC production cuts, and oversupply of crude oil. Considering the number of pipeline projects in the construction phase and older, existing pipelines in need of reconditioning, the oil & gas pipeline coatings market is projected to witness robust growth during the forecast period.

Interested in Detailed Actionable Insights?

Future Market Insights has published a market research report on the oil & gas pipeline coatings market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the oil & gas pipeline coatings market through four different segments, namely coating type, formulation base, application, and region. The oil & gas pipeline coatings market report also provides demand trends of different coating types across three industry verticals, a comprehensive list of service providers in the market, various pipeline coating projects around the world along with a detailed overview of the parent market.

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Competitive Landscape

Leading players operating in the oil & gas pipeline coatings market are focusing on customized product development for target applications of oil & gas pipeline coatings. Apart from this, players are focusing on expanding their production capacities to serve more end users, in order to gain a competitive edge. For instance:

  • In July 2019, Akzo Nobel N.V. announced plans to add three new production lines at its Changzhou powder coatings plant in China.
  • In September 2017, Axalta Coating introduced its latest addition to corrosion resistant internal pipe coatings line from Nap-Gard® Functional Coatings collection.

Oil & Gas Pipeline Coatings Markey By Category

By Coating Type:

  • Fusion Bonded Epoxy
  • Polyurethane
  • Coal Tar Enamel
  • Concrete
  • Polyolefin
  • Others

 By Formulation Base:

  • Water Based
  • Solvent Based
  • Powder Based

By Application:

  • Upstream
    • Onshore
    • Offshore
  • Midstream
  • Downstream

By Region:

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

Table of Content

1. Executive Summary

1.1. Demand Trends

1.2. Supply Trends

1.3. FMI Analysis and Recommendations

1.4. CRM Strategy

1.5. Global Market Outlook

1.6. Technology Evolution

2. Market Overview

2.1. Market Definition

2.2. Market Coverage / Taxonomy

3. Key Market Trends

4. Global Oil and Gas Pipeline Coatings Market Demand Analysis 2014-2021 and Forecast, 2022-2029

5. Pricing Analysis

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/oil-and-gas-pipeline-coatings-market
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Mass Finishing Consumables Market to reach a valuation of US$ 288.7 Mn in 2029

Demand in the mass finishing consumables market is projected to grow at a value of 4.9% CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to top US$ 206.8 Mn in 2022. According to Future Market Insights (FMI), the global mass finishing consumables market registered a year-on-year (YoY) growth of 4.7% in 2021.

Mass finishing consumables Value (2021A) US$ 197.2 Mn
Mass finishing consumables Value (2022E) US$ 206.8 Mn
Mass finishing consumables Value (2029F) US$ 288.7 Mn
Value CAGR (2022-2029) 4.9%
Collective Value Share: Top 3 Countries (2021A) 43.7%
Heightened demand for surface finishing from end-use industries, along with preference for in-house surface finishing with growing usage of digital control systems will continue pushing sales in the mass finishing consumables market. Considering this, FMI has forecast the global mass finishing consumables sales to reach a valuation of US$ 288.7 Mn in 2029.
New entrants in the global mass finishing consumables market can benefit by penetrating emerging economies in East Asia, where substantial growth is seen in the manufacturing sector.
Implementation of digitization and automation technologies over conventional technologies in the production line, product innovation, and footprint expansion remain key strategies followed by mass finishing consumables manufacturers to enhance productivity and to capture new market opportunities.
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Key Takeaways – Global Mass Finishing Consumables Market
  • Non-metallic abrasives provide more contact area during finishing process than metallic ones, thus enabling the dimensions of parts to stay intact. Furthermore, non-metallic abrasives are best suited for both wet and dry applications. This leads to growing preference for non-metallic abrasives (ceramic, plastic, and porcelain) over metallic abrasives (such as steel).
  • Ceramic and plastic mass finishing consumables are estimated to account for more than 70% of total mass finishing consumables worldwide.
  • Plastic mass finishing consumables are generally recommended for use with softer metals, such as aluminum, brass, and zinc.
  • Use of fixtures is an upcoming trend. This process increases flow of media onto component surface, thereby contributing to an increased finishing action.
Reducing Third-party Dependence for Finishing Services to Propel Market Growth

Sustainable growth of investment in the manufacturing sector is expected to play a key role in driving the growth of the mass finishing consumables market across the globe. From the perspective of end-use industries, surface finishing is used in almost in every industry for cleaning and refurbishing metallic and non-metallic parts. End users are dependent on third-party service providers, which increases production cost and negatively impacts profitable margins.  The high cost involved influences such end users to opt for in-house surface and finishing technologies and to enhance productivity along with reducing cost and time.

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Key Segments Covered

By Media Type:

  • Steel
  • Ceramic
  • Plastic
  • Aluminium Oxide
  • Others (Wood, Agro-based, Special Plastic, Porcelain)

 By Application:

  • Deburring
  • Pressure Deburring
  • Grinding
  • Polishing
  • Cleaning & Degreasing
  • Descaling, Corrosion & Rust Removal
  • Ball Furnishing
  • Surface Finish & Refinement

 By End-use Industry:

  • Automotive
  • Aerospace
  • Construction
  • Machine Tooling
  • General Manufacturing
  • Jewellery and Accessories
  • Healthcare

 By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Overview

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Analysis and Recommendations

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global Mass Finishing Consumables Market Demand Analysis 2014-2018 and Forecast, 2019-2029

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/mass-finishing-consumables-market
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Lithium and Lithium Ion Battery Electrolytes Market to reach US$ 10,054.4 Mn by 2029

A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2021 and opportunity assessment for 2022-2029. The report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2022-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing activities across geographies.

The global lithium and lithium ion battery electrolytes market value in 2022 is estimated at ~US$ 4,215.2 Mn, and is expected to increase at a CAGR of ~13.2% over the forecast period of 2022-2029. This progress in the market is majorly propelled by the growing consumption of lithium and lithium ion battery electrolytes as battery material for electric vehicles and electronics such as laptops, cameras, and personal digital assistants, among others.

Base Year Value (2021A) US$ 3,772.4 Mn
Estimated Year Value (2022E) US$ 4,215.2 Mn
Projected Year Value (2029F) US$ 10,054.4 Mn
Value CAGR (2022-2029) 13.2%
Collective Value Share: Top 3 Countries (2022E) 88.8%

Ascending sales of electric vehicles in recent times has been working to the advantage of the lithium and lithium ion battery electrolytes market players. In order to win in the innovation game, manufacturers are continuously leveraging newer materials and novel technologies, according to the FMI’s analysis.

The power and energy industry has started using electrolytes for energy storage plants in multiple areas, increasing the usage of electrolytes for powering general industrials such as forklift, cement mixers, and air filters, among others.

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China’s Market Attractiveness Rising

Although regions such Europe and North America are anticipated to hold significant market shares in the future, currently, the lithium and lithium ion battery electrolytes market growth is expected to be spearheaded by China, Japan, and South Korea.

Moreover, macroeconomic factors such as increment in GDP, consumer electronics, and automotive fleet as well as new production, increasing specialty chemical industry, and overall growth in the manufacturing sector are expected to reflect significant increase in opportunities in Asia Pacific. As a consequence, the growing automotive and consumer electronics industry is expected to increase the usage of lithium and lithium ion battery electrolytes significantly.

Extensive Usage in Consumer Electronics and Automotive Industries

The lithium and lithium ion battery electrolytes market is segmented in four different segments, which are product, form, end use, and region.

  • By form, the liquid electrolytes are expected to hold a prominent share over the forecast period of 2022-2029.
  • By product, lithium-based electrolytes are consumed on a greater scale as compared to their counterparts including sulfide-, polymer-, and oxide-based electrolytes.
  • In terms of end-use, consumption of lithium and lithium ion battery electrolytes by the automotive industry is expected to account for relatively high sales, due to its growing application in batteries for electric vehicles. Increasing preference for greener modes of transportation, i.e., electric vehicles, has led to increasing production of electrolyte-powered batteries for these electric vehicle, thereby fueling the growth of the lithium and lithium ion battery electrolytes market.

Lithium and Lithium Ion Battery Electrolytes Market: Key Players’ Insights

This lithium and lithium ion battery electrolytes report focuses on few key market players, some of these have come out as market leaders. Few examples of such manufacturers in the lithium and lithium ion battery electrolytes market are as follows:

Shenzhen Capchem Technology Co Ltd, Shanshan Technology, Soulbrain MI, Guangzhou Tinci Materials Technolgy Co., TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD., GuangDong JinGuang High-Tech Co., Ltd, PANAX-ETEC, UBE Industries, and Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd.

The global lithium and lithium ion battery electrolytes market is highly consolidated with few players being prominent in the lithium and lithium ion battery electrolytes market under their trademarked names such as Sol-Rite, POWERLYTE®, NANOMYTE® Series, and LMP® battery, among others.

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Lithium and Lithium Ion Battery Electrolytes Market by Category

By Form:

  • Liquid
  • Solid
  • Gel

By Product Type:

  • Lithium Based
  • Sulfide Based
  • Polymer Based
  • Oxide Based
  • Others

By End Use:

  • Automotive
  • Consumer Electronics
  • Power & Energy
  • General Industrial

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Market Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Development Trends

4. Key Success Factors

5. Global Lithium and Lithium Ion Battery Electrolytes Market Demand Analysis 2014-2018 and Forecast, 2019-2029

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Automotive Bioplastics Market expanding at a healthy 10.7% CAGR by 2029

As per the comprehensive analysis provided in the report, the global automotive bioplastic market is anticipated to witness considerable growth in the coming years owing to the steady increase in the adoption of bioplastic materials for various car components. The global automotive bioplastic market is estimated to be valued at ~US$ 521 Mn in 2022 and is expected to increase at a CAGR of ~11% during the forecast period.

Future Market Insights (FMI) has forecasted the Automotive Bioplastics Market to grow with a year on year growth of 10.3% in 2022 reaching a value of about US$ 687.5 Mn by 2022 end.

The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2022-2029.

Automotive Bioplastics Market Base Year Value (2021A) US$ 623.3 Mn
Automotive Bioplastics Market Estimated Year Value (2022E) US$ 687.5 Mn
Automotive Bioplastics Market Projected Year Value (2029F) US$ 1,442.2 Mn
Value CAGR (2022-2029) 10.7%
Collective Value Share: Top 3 Countries (2022E) 49.4%

Application wise, the interior segment is expected to hold prominent value share of the global automotive bioplastic market. This segment includes seats, dashboard, air-duct, HVAC, and other related interior components.

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Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s analysis. Automotive bioplastic materials are not as affected by oil price instability the way petroleum-based materials are. Automotive bioplastics help reduce the dependency on limited fossil resources, which is a key growth driver for market, with fuel prices projected to surge significantly over the coming years.

Rising Demand for Electric Vehicles to Create High Growth Opportunities

Increasing environmental awareness and inconsistent fuel prices have influenced consumers, particularly in developed countries of North America and Europe, to opt for electric car models, such as plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).

Growing urban population, incentives for use of electric vehicles, reducing battery prices, strengthening transportation infrastructure in developed and emerging countries, and inter-governmental steps for electric vehicles are further driving the adoption of electric cars. This, in turn, is anticipated to contribute to the demand for automotive bioplastic materials during the forecast period.

Governments have put immense pressure on automotive manufactures to reduce vehicle weight to achieve fuel economy. Nowadays, weights of vehicle modules in newer vehicles are much lighter than conventional ones, which had metal bodywork. It has been observed that these were nearly twenty percent heavier than today’s modules.

Companies are heavily investing in research & development and manufacturing strategies to reduce the weight of several body components. OEMs prefer bioplastic-based materials over conventional raw materials (steel) for specific applications as these help reduce the weight of the vehicle significantly and have other technological advancements over other materials.

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive bioplastic market. Few examples of key players in the automotive bioplastic market are Mitsubishi Chemical Corporation, Total Cobion PLA, NatureWorks LLC, Solvay Group, Eastman Chemical, Arkema Group, Braskem, Evonik Industries AG, BASF SE, and Dow Chemical Company, among others.

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Automotive Bioplastics Market by Category

By Material :

  • Bio PA
  • Bio-PTT
  • Bio PET
  • Bio PBS
  • Bio PP
  • Bio PE
  • Others

By Vehicle :

  • Passenger Car
    • Compact
    • Mid Size
    • Luxury
    • SUVs
  • LCV
  • HCV
  • Electric Cars
    • BEV
    • HEV
    • PHEV

By Application :

  • Exterior
    • Bumper
    • Tailgate/Liftgate, Hood
    • Body Hardware
    • Others
  • Interior
    • Seats
    • Dashboard
    • Air Ducts
    • HVAC
    • Others
  • Engine Surrounding
    • Engine Covers/Valve Covers
    • Fuel Hoses/ Lines
  • Others

By Region :

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Definitions

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Recent Trends

3.2. Channel and Product Analysis

4. Key Success Factors

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/automotive-bioplastic-market
For Sales Enquiries: sales@futuremarketinsights.com
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Hydroxypropyl Distarch Phosphate Market expanding at a healthy 5.8% CAGR by 2029

The global Hydroxypropyl Distarch Phosphate Market was valued at ~ US$ 1.8 Bn in 2022, and is expected to propagate at a CAGR of ~ 5.8% during the forecast period of 2022-2029. This growth is prominently driven by the growing consumption of hydroxypropyl distarch phosphate in the several end use industries such as food, cosmetics, and pharmaceutical.

A new market research report by Future Market Insights on the hydroxypropyl distarch phosphate market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report examines the hydroxypropyl distarch phosphate market and provides key perceptions for the forecast period of 2022-2029.

Attribute Details
Hydroxypropyl Distarch Phosphate Market Estimated Size 2022 US$ 1.8 Bn
Hydroxypropyl Distarch Phosphate Market Value-based CAGR (2022-2029) ~5.8%
Hydroxypropyl Distarch Phosphate Market Size in Projected 2029 US$ 2.6 Bn

As per findings of the report, the global hydroxypropyl distarch phosphate market is projected to witness substantial growth throughout the forecast period, owing to numerous driving factors such as intensifying demand for processed food globally.

According to FMI’s analysis, key manufacturers are focusing on identifying and leveraging the white spaces in the application of hydroxypropyl distarch phosphate. Additionally, market consolidation in developing Asian countries is likely to remain a key to gaining distinct competitive advantage, due to significant growth of cosmetic industry in the region.

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Rising East Asia Market Attractiveness

In terms of value, East Asia is projected to consigned lucrative growth in the global hydroxypropyl distarch phosphate market during the forecast period.  East Asia is projected to account for dominating region in the global hydroxypropyl distarch phosphate market. Large population and increasing spending power of the residents is driving the processed food market in Asian countries. High GDP growth of India and China has been witnessed in the last few years and is expected to continue during the forecast period.

Moreover, the high growth economies are creating opportunities for food industry to grow at a good pace. Growth in food consumption will ultimately reflect the growth in food additives. Hydroxypropyl distarch phosphate is consumed in processed food in significant quantity. Therefore, high growth in processed food industry is expected to bolster the growth in demand for hydroxypropyl distarch phosphate

Food Industry to Remain as Significant Consumer of Hydroxypropyl Distarch Phosphate

Globally, the Hydroxypropyl Distarch Phosphate market has been segmented on the basis of grade, application, End-Use and regions.

  • On the basis of grade, the global hydroxypropyl distarch phosphate market is segmented into Halal and Vegan. Halal segment is expected to account for more than 3/4th share of the total hydroxypropyl distarch phosphate market value throughout the forecast period. Increasing focus of consumer on various standards and certification regarding halal and vegan are expected to drive the global hydroxypropyl distarch phosphate market growth in the upcoming years
  • On the basis of application, the global hydroxypropyl distarch phosphate market is segmented into anticaking agent, emulsifier, stabilizer, and thickener. Thickener segment is expected to account for prominent share in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increasing demand for thickener in the processed food is projected to boost the demand for hydroxypropyl distarch phosphate in the food industry across the globe
  • On the basis of end-use, the global hydroxypropyl distarch phosphate market is segmented into food, cosmetics, and pharmaceutical. Food industry is projected to witness lucrative growth and dominating segment in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increased demand for hydroxypropyl distarch phosphate has been observed in industrial applications in cosmetics, pharmaceutical and food & beverages industries. Hydroxypropyl distarch phosphates are mostly used as thickener, emulsifier and stabilizer in these industry.

Competition Landscape

The global hydroxypropyl distarch phosphate market is highly fragmented with the presence of many small and large scale manufacturers. Most of these manufacturers are focusing on the capacity expansion strategy to produce hydroxypropyl starch phosphate for skin care and cosmetics brands. Meanwhile, some of the other key players are aiming to engage in partnerships and joint ventures to co-develop eco-friendly ingredients for the food and beverage industry worldwide.

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For instance,

  • In July 2021, Nivea, a personal care brand that specializes in skin and body-care based in Germany, launched WonderBAR Sensitive. It is soap-free, pH optimized and is capable of deep cleaning without stripping the skin. It is formulated with sustainable and natural ingredients, such as distarch phosphate, citric acid, vitis vinifera seed oil, glyceryl oleate, and polyglyceryl-6 caprylate.
  • In October 2019, Cream Silk, a manufacturer of a wide range of hair care products and a subsidiary of Unilever Philippines, Inc., launched its new Cream Silk Hydra Fresh range. It is capable of hydrating every hair strand without the sticky or heavy feel. The new range contains two conditioners, namely, Fresh & Bouncy and Fresh & Hydrated. Both products include hydroxypropyl starch phosphate, glycerin, phenoxyethanol, and helianthus annuus (sunflower) seed oil.

Hydroxypropyl Distarch Phosphate Market by Category

Product Grade:

  • Halal
  • Vegan

Application:

  • Anticaking Agent
  • Emulsifier
  • Stabilizer
  • Thickener

End Use:

  • Food
  • Cosmetics
  • Pharmaceutical

Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

to be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/hydroxypropyl-distarch-phosphate-market
For Sales Enquiries: sales@futuremarketinsights.com
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Liquid Cold Plates Market Is The Use Of The Aforementioned Component In The Power Electronics And Semiconductor Industries-FMI

 Liquid cold plates market are primarily use to provide a cooling operating environment to an equipment and assembly. Numerous high-end applications that are subjected to be operated in very high operating temperature conditions such as power electronics, automotive component, medical equipment to name a few require an efficient amount of cooling supply for efficient working.

In the above-said applications when conventional cooling method i.e. air cooling is not efficient enough to remove or handle the heat load that is a requisite to keep equipment under their harmless elevated operating temperature, liquid cold plates are implemented to draw down higher level of performance & reliability.

Liquid cold plates are made up of a based plate material such as copper & aluminum and a passage or a tube from where the cooling liquid or coolant circulates. The choice of coolant in the liquid cold plate is totally dependent on the choice of material.

Antifreeze fluid, ethylene glycol, propylene glycol, industrial water, pure water, and city water are some of the preferred coolants. Liquid cold plates operate in the principle that heat generates through the assembly or an equipment is come into the contact of the cooling fluid circulating into the tubes or passage & subsequently cools down & excessive heat is dissipated into the environment, thus reducing the heat load.

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Liquid Cold Plates Market: Market Dynamics

There are numerous factors implicit behind the implementation & the development of liquid cold plates market across the globe in past few years. Employment of the said component in power electronics and semiconductor industry is one of prime factor fuelling the growth of liquid cold plates market.

Also, innovation & development in the market space of automobile component & medical equipment is expected to create substantial demand space for liquid cooling, thus creating numerous opportunities for liquid cold plate’s manufacturers. There are numerous properties possessed by the liquid cold plate system such as high heat transfer coefficient, high capability towards heat load & heat flux capacity and adaptable to any temperature range.

These said properties help liquid cold plates in attaining the competitive advantage over the conventional cooling system, thus increasing the sales of liquid cold plates. However, high costs indulge in the fabrication of liquid cold plates is one of the stumbling blocks which may drop down its marginal sale in near future.

Liquid Cold Plates Market: Region Wise Trends

Asia pacific is one of the largest and dominating region in the liquid cold plates market. Development of high powered electronics industry in countries like China, India, South Korea, Taiwan & ASEAN is expected to create numerous growth opportunities for liquid cold plate’s manufacturers.

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Also, government benefits & funding attract overseas liquid cold plate manufacturer to set up their plant in the APAC region. Devolving region such as North America & Western Europe captures significant revenue share in the liquid cold plate’s market space, rising healthcare infrastructure, especially for the development of medical devices in the region is creating healthy growth for liquid cold plates.

Swelling industrial & energy sector in the regions such as MEA, EE, LA is expected to create demand space for novel liquid cooling solutions, thus creating growth potential for liquid cold plates market.

Examples of some of the market participants in the Global Liquid Cold Plates Market identified across the value chain include:

  • Boyd Corporation
  • Lytron Total Thermal Solution
  • Richardson RFPD
  • ThermAvant Technologies
  • Advanced Cooling technologies
  • Wakefield-vette
  • Kawaso Texcel
  • Advanced Thermal Solutions, INC.

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

On the basis of Raw Material, the Liquid Cold Plates Market can be segmented as:

  • Copper liquid cold plates
  • Aluminum liquid cold plates
  • Stainless Steel liquid cold plates

On the basis of Type, the Liquid Cold Plates Market can be segmented as:

  • Standard Tube liquid cold plates
  • Exposed Tube liquid cold plates
  • Full Buried Tube liquid cold plates
  • Rolled Tube liquid cold plates
  • Custom Liquid Cold Plates
  • Vortex liquid cold Plates
  • Vacuum Brazed liquid cold Plates
  • CAB brazed liquid cold Plates

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On the basis of Flow Options, the Liquid Cold Plates Market can be segmented as:

  • Serpentine Tube
  • Manifold Tube
  • Mini Channel
  • Micro Channel

On the basis of Application, the Liquid Cold Plates Market can be segmented as:

  • High Powered Electronics
  • IGBT Modules
  • Lasers
  • Wind Turbines
  • Motor Devices
  • Automotive Components
  • Medical Equipment

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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High Cost Of Oil Expellers Is Anticipated To Impede The Expansion Of The Global Oil Expellers Market-FMI

Oil Expellers market is a mechanical machine for extracting oil from seeds/raw materials. The raw materials are pressed/squeezed under high pressure in a single step. When used for the food oils extraction, common raw materials are seeds, nuts and algae, which are delivered to the Oil Expellers in a constant feed.

As the raw material is pressed in oil expellers, heat is generated owing to friction; for instance, the raw material which requires high pressure such as harder nuts the material can surpass temperatures of 120 °F.

An oil Expellers is a screw-based machine that mainly squeezed raw materials through a barrel-like cavity. The raw materials provided from one side of the oil expellers press and rest over/waste products exit from the other side. When the screw of Oil Expellers moves a continuous pressure and friction are exerted to compress the raw material which squeezes the material and oil seeps through small openings that restricts seed fibres and solids to pass through.

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Oil Expellers Market: Dynamics

The global population is growing at an alarming rate. The population is expected to be more urbanized and prosperous, enjoying better standards of living and diets. A rising need for food products will spur the demand for agricultural products, which will increase the demand for oil Expellers market.

In many economies, the government authorities are also providing extensive support to farmers to purchase oil Expellers for better agricultural output, which is also expected to boost the demand of the oil Expellers market in the forecast period. For instance, the Rashtriya Krishi Vikas Yojana an initiative from the government of India to supports Indian farmers technologically and financially to purchase agricultural equipment at a subsidized price.

Many government authorities, as well as the non-governmental organisation, are undertaking initiatives to educate farmers about the benefits of using the machine for the uplifting of farmers and an increase in agricultural output.

The demand for oil Expellers is expected to witness significant growth during the forecast period. This steep growth in demand can be accredited to shifting of agricultural operations from manual or animal-based operations to machine based or automated operational methods.

Also, other aspects such as rising urbanization, government initiatives, focus on increasing efficiency and time-saving properties are changing the focus of farmers in investing in mechanization and improving the efficiency is expected to generate the demand for oil Expellers market over the forecast period.

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However, the Oil Expellers cost is relatively high is anticipated to restrain the growth of the global oil expellers market. Also, however, the current trend to use new and better products for better results will increase the demand for global Oil Expellers market over the forecast period.

Oil Expellers Market: Regional Outlook

The Asia Pacific holds a significant share in the global Oil Expellers market, owing to the substantial growth of agricultural industries in this region. This growth is supported by growing urbanization, improved lifestyle and increasing per capita spending, changing preference towards personal health among the general population.

The Asia Pacific is followed by Latin America and Eastern Europe. North America and Europe is projected to exhibit slow growth being a mature market. Rest of the world is estimated to account for a relatively small share of the Oil Expellers market.

Oil Expellers Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Oil Expellers market are:

  • Gobind Expellers Company
  • Shreeji Expellers Industries
  • Gagan International
  • Rajlaxmi Engineering Corporation
  • Goyum Screw Press
  • United Oil Mill Machinery & Spares Private Limited
  • Sharma Expellers Company
  • Mohit International
  • Azad Engineering Company

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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.

Oil Expellers Market: Segmentation

Based on the process, the Oil Expellers market can be segmented as follows:

  • Cold pressed Oil Expellers
  • Hot pressed Oil Expellers

Based on the sales channel, the Oil Expellers market can be segmented as follows:

  • Direct Sales
  • Indirect Sales

Based on the End Use, the Oil Expellers market can be segmentedas follows:

  • Agriculture Industry
  • Cosmetics & Personal Care industry
  • Pharmaceutical Industry
  • Food Processing Industry
  • Others

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com