Market Research Blog – Page 10938 – New Product Development

Advanced Analytics Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: Future Market Insights, Inc.

Future Market Insights (FMI) has published a new report, which is titled, “Advanced Analytics Market: APEJ to Remain Most Lucrative Market for Advanced Analytics: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2022).” According to the report, the global advanced analytics market is anticipated to expand at a 5.5% CAGR from 2017 to 2022 and reach a market value of US$13,500 mn by 2022. The growing need to address diverse business requirements is one of the key factors fueling the adoption of advanced analytics.

Businesses are increasingly focusing on expanding their reach so as to gain higher market shares on account of the increasing competition and for this they require intelligence which may help them for predicting future scenarios and preparing them for the future. Businesses also require intelligence to identify opportunities that lie ahead, anticipating the problems that they might encounter in the future, as well as improve the processes. For all these problems, advanced analytics emerge as an effective solution.

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The adoption of advanced analytics has also risen on account of a number of niche players who have entered the market and are providing advanced analytics solutions at a relatively lower cost. Moreover, many small and medium sized industries are also offering advanced solutions and updated services so as to optimize businesses at low cost. This is fueling the adoption rates of advanced analytics solutions across businesses and organizations. Businesses are benefiting from incorporating advanced analytics solutions such as Big Data Analytics, data mining, and location intelligence, which enable them to extract valuable information and make smart business decisions.

The perception that advanced analytics can be an expensive technique for adoption is common among many enterprises. However, this perception is soon changing and enterprises are realizing the various benefits of adopting advanced analytics so as to develop market strategies and make customer oriented moves which will bring success to their business.

Competitive Landscape

Some key companies are IBM Corporation, Microsoft Corporation, SAP SE, SAS Institute System, Infor, Teradata, Oracle Corporation, Intel, CA Technologies

Key Segments Covered

On the basis of geography, the global advanced analytics market is segmented into Asia Pacific except Japan, North America, Europe, and the Middle East and Africa. Of these, the fastest expansion is predicted in North America and this region is anticipated to cross US$2500 mn by 2022. For gaining insights, many enterprises within North America are adopting advanced analytics solutions which are helping them to identify various industry trends as well as future opportunities. It is estimated that APEJ will emerge as the largest market for advanced analytics by revenue. Europe will also follow the footsteps North America and expand at a rapid CAGR in the forecast period. However, the Middle East and Africa will experience a slow growth in the advanced analytics market.

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By end use, the advanced analytics solution is witnessing fastest sales from the retail and consumer goods industry. By 2022, this segment is expected to cross US$3000 mn by revenue. The BFSI industry segment will exhibit a low CAGR throughout the forecast period whereas the government and healthcare industry segment will expand at a high CAGR through 2022. In terms of revenue however, BFSI will remain one of the most lucrative segments in the market.

On the basis of solution, it is estimated that both visual analytics and big data analytics will witness parallel expansion in terms of sales. The report further states that one third of the total share of the market in 2017 has been contributed by the revenues received from Big Data Analytics and business analytics segments. Surprisingly, in terms of sales, these two segments will exhibit the lowest CAGR between 2017 and 2022 whereas the predictive analytics segment will register the highest CAGR in terms of sales and will become popular as an attractive solution for advanced analytics. The risk analytics segment could also witness rapid expansion by 2022.

Key Segments Covered

Region :

North America
Latin America
Europe
Japan
APEJ
MEA

Solutions :

Big Data Analytics
Visual Analytics
Risk Analytics
Social Media Analytics
Predictive Analytics
Other Solutions

Industry :

BFSI
Healthcare
Government
Defense
Retail & Consumer Goods
Other Industries

About Us

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 5-years.

Contact:

Future Market Insights Inc.  
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA  
T: +1-845-579-5705
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Smart Elevator Automation System Market Outlook, New Opportunity & Demand Analysis, Forecast by 2027

As far as worth, the worldwide smart elevator automation system market is supposed to develop at a CAGR of 14.3% during the estimate time frame. The worldwide smart elevator automation system market was esteemed at US$ 8,487.6 Mn in 2016, and is projected to develop essentially to arrive at US$ 36,417.8 Mn by 2027 attributable to expanding development of new tall structures and developing urbanization.

In this report, FMI has divided the worldwide smart elevator automation system market based on help, part, end clients and area. By administration, the smart elevator automation system market is additionally portioned into establishment administration, fix and upkeep administration and modernization administration.

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Future Market Insights as of late distributed a report named “Smart Elevator Automation System Market – Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027”. Smart elevator automation system is another age of elevators furnished with imaginative innovations, which offer different offices alongside security.

The smart elevator automation system is intended to limit the general energy utilization and oversee traveler traffic productively inside a structure. With the progression in innovation and changing structure foundation, smart elevator automation systems have become adaptable to oversee building traffic safely. These variables are supposed to support the development of the worldwide smart elevator automation system market.

Smart Elevator Automation System Market: Segmental & Regional Forecast

Governmental regulations & standards for global green infrastructure, reduction in the operational cost and automation are the major factors expected to drive the growth of the smart elevator automation system market. In terms of value, the residential sector sub-segment is projected to register high growth during the forecast period in the global smart elevator automation system market.

Based on component, the card reader sub-segment in the smart elevator automation system market is expected to grow at a high CAGR of 19.2% over the forecast period. However, the sensor motor & automation system sub-segment is expected to capture large share in the global smart elevator automation system market as their demand is increasing to maximise energy efficiency and elevator travel speed.

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Furthermore, the global smart elevator automation system market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). In terms of value, the Asia Pacific Exc. Japan Smart elevator automation system market is estimated to expand with a CAGR of 18.6% over the forecast period.

This can be attributed to transformation of the existing infrastructure and increasing number of smart city projects. In Western Europe, Germany is expected to be the dominant market for smart elevator automation system, and to create incremental opportunity of US$ 2,042.8 Mn between 2017 and 2027.The growing demand for enhanced safety and security systems is one of the major factors fuelling the growth of the smart elevator automation system market in Western Europe.

Companies Operating in the Smart Elevator Automation System Market

Examples of some of the key participants covered in the report of the smart elevator automation system market include Fujitec, Mitsubishi, Hitachi, Kone Corporation, Otis Elevator, Schindler, ThyssenKrupp Elevator, Tyco International, and Honeywell. The report also describes company-specific strategies, key differentiators, market structure and competitive share analysis related to prominent industry stakeholders.

Key Segments Covered

By Service
By Component
By End-user

Key Regions covered:

North America
Latin America
Western Europe
Eastern Europe
Japan
APEJ (Asia Pacific excluding Japan)
MEA

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5G Market in Aviation 2022 Key Players, End User, Demand and Consumption by 2032

According to a recent report by Future Market Insights (FMI), the 5G Market in Aviation is expected to surpass a valuation of US$ 7.8 Bn at a CAGR of over 26.4% through 2032. The aviation industry is focused on small cells because of the better range and the quality of a 5G network. Small cells are low powered cellular radio access nodes that can operate in different spectrums with a range of 10 meters to a few kilometres. This is an important method to increase quality, connectivity and resilience.

The aviation industry is focused on the small cells because of the better range and the quality of 5G network. Small cells are low powered cellular radio access nodes that can operate in different spectrums with a range of 10 meters to a few kilometres. This is an important method to increase quality, connectivity, and resilience.

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Inside the airport small cells have wide range of technical and economic advantages because they maximise the reuse of the spectrum. Small cells integrate with the Wi-Fi as the spectrum connectivity is very faster. 5G technology is widely used in aviation platforms mainly in airports, drones, and aircraft repairing. The speed of 5G technology is largely dependent on the frequencies used, with the use of new frequencies one can send messages to the congested areas, which can be used for the tracking purpose. By using the above methodologies the missing airplane can be contacted and used to identify the regions. Owing to these applications, the aviation industry is expected to largely benefit through the implementation of this technology.

Key Takeaways from the 5G market in aviation Market Study

Enhanced Mobile Broadband is expected to hold the largest share in the technology segment. Enhanced Mobile Broadband is a vital point for the fastest connection in the 5G technology.
The U.S. holds a growth of CAGR 25.9% from 2022 to 2032.
The small cell segment is expected to emerge as the fastest-growing segment, registering a CAGR of 25.8% from 2022 to 2032.

Who is winning?

Leading players of 5G Market in Aviation are focused in developing the 5G infrastructure in the airports for the better connection and to access the log data virtually. For regulating and reducing the passenger traffic 5G market in aviation industry is used.

Key players present in the 5G market in aviation industry are Ericsson, Nokia, Cisco Systems, Panasonic Avionics Corporations, Huawei Technologies Co. Ltd., Gogo Llc, Anuvu, OneWeb, Aeromobile Communication, Smartsky Network, Inseego Corp and Intelsat among others.

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Market Segments Covered in 5G Market in aviation Industry Analysis

By End-use:

5G Infrastructure for Airport
5G Infrastructure for Aircraft

By Communication Infrastructure:

Small cell
Distributed Antenna System

By Technology:

Enhanced Mobile Broadband
Fixed Wireless Access
Ultra-Reliable Low Latency Communications/ Massive Machine Type Communications

By Application:

Airport Operations
Aircraft Operations

By Region:

North America
Europe
Asia Pacific
MEA
Latin America

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Integrated 3D Radar Market 2022 : Increasing Demand for Efficient Management Practices Report 2032

Integrated 3D Radar Market is an estimated CAGR of 12.7% during the projected period, the integrated 3D radar market share is expected to reach US$ 55 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand for reflects the adoption of integrated 3D radar.

Sales of integrated 3D radar are expected to rise significantly. In addition to this, sales of integrated 3D radar are rising on account of US$ 27.9 Bn by 2026. Increasing sales of integrated 3D radar are also projected to contribute to the growth of the integrated 3D radar market share.

Integrated 3D radar technology is used to monitor and detect views and information, and they are an important element of any defence arsenal. Even under adverse weather situations, integrated 3D radars give more precise location and height parameters and are progressively replacing standard 2D radars.

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The market for Unmanned Aircraft Vehicles (UAVs) has grown in tandem with the sales of integrated 3D radar. The emergence of network-centric warfare and electronic warfare techniques by defence organisations as a result of the growing need for intelligence, surveillance, and other capabilities, as well as geopolitical instabilities in the Middle East, is expected to boost the global integrated 3D radar market.

Manufacturers in the integrated 3D radar market get a big platform from which to serve the whole demand for integrated 3D radar. The worldwide sales of integrated 3D radar are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for integrated 3D radar more accessible to customers.

Key Takeaways:

Increased R&D activities in the field of military simulation and rising defence expenditure in emerging economies are opportunities for the integrated 3D radar market, as total world military expenditure rose to around US$ 1739 billion in 2017, primarily due to increased spending by many countries such as China, India, Saudi Arabia, and others.
In addition, firms like Vayyar Imaging have created new evaluation kits that make it easier to design, integrate, and scale integrated 3D radar image sensing for better application.
Because of the high production of combat technologies and the monitoring of meteorological conditions in this region, which is prone to natural disasters like cyclones, floods, and hurricanes, the United States offers a strong potential demand for integrated 3D radar.
In Europe, there has been significant market growth, owing to increased government activities to deploy technologically advanced surveillance systems and some European governments encouraging the implementation of innovative radar systems in cars to assist drivers in better localization of nearby objects, thus contributing to the European Union’s goal of reducing road fatalities.
The rising aerospace sector, surveillance of global threats, and the advent of nuclear weapons having governments in this area have forced the acceptance or deployment of additional integrated 3D radar at a quick rate in emerging economies such as China, India, Malaysia, and others.

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Competitive Landscape

Northrop Grumman Corporation, Indra Sistemas, Raytheon Company, Thales Group, BAE Systems PLC, Airbus Defence and Space, Honeywell International Inc., SAAB Group, ASELSAN AS, Rheinmetall AG, ELTA Systems Ltd., and others are among the prominent competitors participating in the integrated 3D radar Market.

Thales finalised the acquisition of Aveillant in November 2017. Customers will be able to benefit from a new capability that complements the company’s new radar surveillance product as a result of this purchase.
Raytheon Company was awarded a foreign military sales (FMS) contract by the US Air Force in January 2018 to run the surveillance radar programme. The transaction was for USD 333.4 million.

Key Segments:

By Component

Hardware
Software
Services
Consulting
Installation & Integration
Maintenance

By Frequency Band

HF-UND VHF-RADAR
C-Band (UHF-Radar)
D-Band (L-Band Radar)
E/F-Band (S-Band Radar)

By Industry

Automotive & Public Infrastructure
Energy and Utilities
Government

By Platform

Airborne
Ground
Navel

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By Region

United States
United Kingdom
China
Japan
India

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Roofing Chemicals Market | Overview With Geographical Segmentation By Revenue With Forecast 2026

Roofing chemicals refer to a variegated range of chemicals which are used to enhance the performance of roof coatings. These chemicals imparts high reflectivity properties to rooftops thus enabling the maintenance of lower temperatures in the house.

This in turn helps significantly in reducing the energy consumption required to keep the temperature low, and thus, helps in reducing carbon emissions. The advent of cool roof technology companies which includes roof designing, coating and chemicals, has led roofing chemicals to gain increasing awareness over last few years.

Most companies in the roofing chemicals industry are relying on increased product innovations and are introducing products which not only offers high solar reflectance index, but also adds significantly to the life of roof, and caters high elasticity, reliable adhesion and dirt resistance. The global roofing chemicals market is anticipated to expand with a moderate CAGR over the forecast period of 2016-2026.

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Global Roofing Chemicals Market: Drivers and Restraints

The prime factor driving demand for roofing chemicals is the need for sustainable living standards, which incorporates reduction of carbon footprint of houses, as roofing chemicals helps primarily to reduce in-house temperatures, thus requiring less energy to cool the house, in turn reducing carbon emissions.

Moreover, the need to increase longevity of the construction is further fuelling the demand for roofing chemicals, as they inherently helps in overheating and thus extends roof life. This coupled with a rapid increase in construction activity across all developing nations, particularly, in Asia are together translating into rising demand for roofing chemicals.

Along with, increasing awareness about the benefits of roofing chemical is another integral factor imparting growth numbers to the global roofing chemicals market. Increase in the presence of bituminous roofing due to its more durability and usage in warehouses and factories is also driving more demand for asphalt bituminous roofing chemicals.

Moreover, added features of asphalt roofing such as protection against fire, wind and hail is also adding more demand for asphalt based roofing chemicals. However, even now installing a rooftop featured with roofing coating and chemicals to protect from high temperature comes costly, and is the major restraint, restricting the growth in global roofing chemicals market.

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Global Roofing Chemicals Market: Region Wise Outlook

The global roofing Chemicals market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

North America is the leading market considering demand for roofing chemicals, amid stringent regulations regarding energy conversation in the US and Canada. Moreover, rising construction activities in Asia Pacific, particularly in China and India, is letting the APEJ region to expand the fastest in terms of demand for roofing chemicals.

Due to high inclination of most European governments towards low energy consumption per capita, ha led demand for roofing chemicals in Western Europe to scale high.

Global Roofing Chemicals Market: Key Players

The Dow Chemical Company
Sika AG
GAF Materials Corporation
Akzo Nobel N.V
Excel Coatings
BASF SE
Saint-Gobain S.A
3M Company

Global Roofing Chemicals Market: Segmentation

On the basis of Product type,

Acrylic
Asphalt
Elastomer
Epoxy Resin
Styrene
Others

On the basis of application area,

Membrane
Bituminous
Elastomeric
Metal
Plastic

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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 geography, technology and applications.

About FMI

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Alkyl Acrylate Market | Overview With Geographical Segmentation By Revenue With Forecast to 2026

In the past decade, sales of cosmetics has spiraled which was mainly attributed to women becoming a major part of global workforce. Skin care has rose as an important trend in the global cosmetics market. In order to cope with this, manufacturers are consistently investing in development of chemicals that have multifunctional properties.

One such chemical is alkyl acrylate. Butyl acrylate is one of the prominent members of alkyl acrylates. The other members include methyl, ethyl, and vinyl among others. Alkyl acrylate contains two groups, hydrophobic and hydrophilic. Alkyl acrylate is used as a viscosity booster and absorbents. It is also used as an emulsion stabilizer, suspending agents, skin conditioning agents, and binders in personal care products.

Alkyl acrylate is used in the personal care products which includes facial moisturizers, treatment creams, tanning lotions and sun creams among others. Alkyl acrylate is also used in shampoos, hair bleaching and colouring products.

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Alkyl acrylate also finds a wide range of application in pharmaceuticals industry including effervescent and chewable tablets and oral suspension medicines. These acrylates are used in surface coatings in the form of polymers. Alkyl acrylates also find application in textiles, paints and leather processing. The global alkyl acrylate market is expected to show a higher growth rate over the forecast period.

Alkyl Acrylate Market Dynamics

Alkyl acrylate market is anticipated to witness high growth rate due to its properties such as high viscosity boosting, strong binding and emulsion stabilizing, which is most required in cosmetics products. Changing lifestyle of people coupled with increasing demand for anti-aging products is expected to propel the demand for alkyl acrylate, thus boosting the global alkyl acrylate market.

In addition to this, rapidly increasing demand for pharmaceuticals is also projected to augment the demand for alky acrylate over the forecast period. Increasing textile industry is also expected to fuel the demand for alkyl acrylates over the forecast period.

The major manufacturers in global alkyl acrylate market are focusing on developing new formulations that can maintain viscosity consistency at different temperatures. Furthermore, major companies have adopted the strategy of focussing on production capacity expansion.

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Alkyl Acrylate Market: Regional Outlook

North America is expected to account for the largest market share in the global alkyl acrylate market over the forecast period. This is mainly attributed to the increasing demand for cosmetics in this region. The changing lifestyle of consumers coupled with increasing demand for anti-aging products is expected to boost the demand for alkyl acrylate market in this region.

Asia Pacific is expected to witness significantly higher growth rate in the global alkyl acrylate market over the forecast period. Europe is also expected to contribute a major share in the global alkyl acrylate market throughout the forecast period. Latin America and Middle East and Africa are also anticipated to exhibit relatively higher growth over the forecast period.

Alkyl Acrylate Market: Market Participants

The competitive landscape for alkyl acrylate market is majorly marked by the presence of large players as well as small scale players. Some of the major players identified in the supply chain of alkyl acrylate market are The Dow Chemical Company, Arkema SA, Thermax, BASF SE, San Ester Corp., Anhui Newman Fine Chemicals Co., Ltd., and Osaka Organic Chemical Industry Ltd. among others.

Alkyl Acrylate Market: Segmentation

There are various perspectives of understanding the alkyl acrylate market segmentation. Some of the examples of such breakdown include alkyl acrylate market segmentation on the basis of chemical groups, product types, function, and application.

Alkyl acrylate market segmentation on the basis of chemical groups,

Hydrophobic
Hydrophilic

Alkyl acrylate market segmentation on the basis of product types ,

Methacrylate Crosspolymer
Butyl Acrylate
Ethyl Acrylate
Vinyl Isodecanoate Crosspolymer
Vinyl Neodecanoate Crosspolymer
Glycol Dimethacrylate Crosspolymer
Sodium Acrylates Crosspolymer-2
Others

Alkyl acrylate market segmentation on the basis of functions,

Absorbents
Emulsion stabilizers
Viscosity boosters
Others

Alkyl acrylate market segmentation on the basis of applications,

Personal care products
Coatings
Textiles
Adhesives
Paper manufacture
Pharmaceuticals
Others

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The market 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 geography, technology and applications.

About Future Market Insights (FMI)

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

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Digital Therapeutics and Wellness Market 2022 | Present Scenario and Growth Prospects 2032

According to a recent study published by Future Market Insights, the digital therapeutics and wellness market is expected to reach US$ 26 Billion by 2032, expanding at a high CAGR of 14.3%. The cost-effectiveness of digital health technology for providers & patients, and increasing demand for integrated healthcare systems & patient-centric care are other factors that are expected to boost the market growth over the analysis period.

From 2015 to 2021, digital therapeutics and wellness demand expanded at a CAGR of 34%, concluding at a market value of US$ 5.2 Billion. In addition, increasing incidence of preventable chronic diseases, an increase in government funding for healthcare, an increase in digitalization in industries, and increasing management of mental and chronic disorders are some other factors that are expected to fuel the growth of digital therapeutics and wellness market.

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Key Takeaways from the Market Study

Global digital therapeutics and wellness market to be valued at US$ 6.9 Billion by 2022-end
U.S to account for the highest value share of US$ 9.3 Billion for digital therapeutics and wellness
China to emerge as the 2nd most opportunistic market, expected to flourish at a 13.7% CAGR
U.K, Japan and South Korea to jointly yield a dollar opportunity worth US$ 2.3 Billion until 2032
By type, digital therapeutics and wellness software to experience major uptake, growing at a 13.9% CAGR
Cardiovascular disease and hypertension to emerge as the primary application area, growing at a 13.4% CAGR

Competitive Landscape

Players in the global digital therapeutics and wellness market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In April 2021, Welldoc (US) partnered with Dexacom (US). This partnership helped provide BlueStar with Dexcom G6 CGM as a single platform to people with Type 2 diabetes for improved health.
In March 2021, Pear Therapeutics (US) partnered with Sprectrum Health Systems (US). Tufts Health Plan and Spectrum Health Systems announced a collaboration with Pear Therapeutics to test FDA-approved digital therapeutics to help people with substance use disorders and improve their recovery journeys by delivering solutions for improved treatment access and care innovation journeys by delivering solutions for improved treatment access and care innovation
In January 2020, Crossroads Treatment Centers (US) collaborated with Pear Therapeutics (US) to implement the company’s digital platform reSET-O to help patients with opioid abuse and addiction.

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Know More about What the Digital Therapeutics and Wellness Market Report Covers

Future Market Insights offers an unbiased analysis of the global Digital Therapeutics and Wellness Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Digital Therapeutics and Wellness Market, the market is segmented on the basis of type and application across five major regions.

Key Segments Covered in the Digital Therapeutics and Wellness Market Study

Digital Therapeutics and Wellness by Type:

Digital Therapeutics and Wellness Software
Digital Therapeutics and Wellness Devices

Digital Therapeutics and Wellness by Application:

Digital Therapeutics and Wellness for Cardiovascular Disease and Hypertension
Digital Therapeutics and Wellness for Diabetes and Prediabetes
Digital Therapeutics and Wellness for Obesity and Weight Loss
Digital Therapeutics and Wellness for Smoking Cessation
Other Digital Therapeutics and Wellness Applications
Digital Wellness Applications

Digital Therapeutics and Wellness by Region:

North America Digital Therapeutics and Wellness Market
Latin America Digital Therapeutics and Wellness Market
Europe Digital Therapeutics and Wellness Market
Asia Pacific Digital Therapeutics and Wellness Market
Middle East and Africa Digital Therapeutics and Wellness Market

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Fireproof Insulation Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2026

Fireproof insulations are used to combat the spread of flames in case of fire disaster and helps in protecting the load bearing structure of the building, investments and human lives. The different types of material used in fireproof insulation are fiberglass, cellulose, mineral wool, polystyrene (EPS) and polyurethane foam.

Among these, fiberglass material accounts for major share in terms of consumption in global fireproof insulation market. This material is made by weaving fine glass strands and has the capability to minimise heat transfer.

Fiberglass material is a cost effective insulation material as compared to other material types. Fireproof insulation is used in building and construction sector and can be further classified as residential, industrial and commercial. It is also used to enhance the safety of naval ships.

ROCKWOOL International A/S, is a UK based leading manufacturer of insulation products. The company manufactures different fireproof products and systems by brand names FIREPRO, ROCKCLOSE, ROCKWOOL etc.

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Fireproof Insulation Market: Drivers and Restraints

The stringent government regulations for residential and industrial constructions to enhance the safety is the major driver for the growth of global fireproof insulation market. Industrialization and the rising construction activities in APEJ, Latin America and MEA regions is expected propel global fireproof insulation market growth.

Fireproof insulation helps in reducing heat transfer, thus maintains the temperature levels and energy consumption in the built structure. The consumer awareness regarding controlled energy consumption and side-effects of greenhouse gas emissions is anticipated to increase the consumption of fireproof insulation.

However, there is a lack of awareness regarding the importance of fireproof insulation in construction of buildings and no stringent fire safety regulations in the emerging economies, which might hamper the growth of global fireproof insulation market during the forecast period.

Fireproof Insulation Market: Region Wise Outlook

The global fireproof insulation market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe hold significant share in global fireproof insulation market. In the developed economies such U.S, UK and Germany, the construction activities are subject to stringent regulations and codes.

The industrial marine and shipbuilding industry is quite mature in these regions, which is anticipated to contribute major share in fireproof insulation market in these regions. The rising construction activities in the emerging clusters of APEJ region is anticipated to increase the share of this region in global fireproof insulation market.

In Japan, fireproof insulation is adopted in schools, hospitals, luxury apartments etc. and the consumption is expected to rise during the forecast period. Latin America fireproof insulation market is at nascent stage and is expected to project moderate CAGR over the forecast period.

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Fireproof Insulation Market: Key Players

Some of the key players in the global fireproof insulation market are as follows:

ROXUL Inc.
ROCKWOOL International A/S
CSR Building Products Ltd
BAUCOMEX CZ, s.r.o.
Jewson Limited
Combi Isolatie Tholen
Refractory Specialties Incorporated
airkrete
Arango Insulation

Fireproof Insulation Market: Segmentation

On the basis of material, the global fireproof insulation market can be segmented as follows:-

Fiberglass
Cellulose
Mineral Wool
Glass wool
Rock wool
Slag wool
Polystyrene (EPS)
Polyurethane Foam

On the basis of application, the global fireproof insulation market can be segmented as follows:-

Walls and Partitions
Cable Lines
Piping
Air Ducts
Storage Tanks
Supporting Structures

On the basis of end-use sector, the global fireproof insulation market can be segmented as follows:-

Industrial Building and Construction
Residential/ Commercial Building and Construction
Marine and Offshore

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Conductive Inks Market | Size, Historical Growth, Analysis, Opportunities and Forecast To 2026

Conductive inks are electrically conductive, printable inks used in printed electronics and it exhibits the properties of crease resistance and flexibility. These mainly constitute metallic particle such as silver and copper to facilitate the flow of electric current across the circuitry.

Apart from these, nanoparticle based conductive inks is an emerging segment in conductive inks market. These type of inks provide high conductive properties and nano dimension control of size, shape and particle distribution. Nanoparticle based conductive inks can be customised based on the printing substrate and printing technology used.

The silver based conductive inks account for a major share and is expected to dominate the global conductive inks market. The advantages of silver conductive inks are least resistive property, flexible and supports miniature electronic circuitry designs.

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The wide range of applications of conductive inks include sensors, solar panels, touch screen, antenna, potentiometers and PCBs etc. Henkel AG & Co. KGaA, a Germany based leading manufacturer of coatings and adhesive technologies manufactures silver and dielectric inks by the brand name LOCTITE. These inks are suitable for applications in automotive, RFID, medical devices, displays etc.

Conductive Inks Market: Drivers and Restraints

Many wide range electronic products such as medical devices, electronic appliances, solar designs etc. are based on the printed circuit board technology, which is expected to drive the growth of global conductive inks market. The rapid growth in consumption of flexible and touch screen based electronic devices is anticipated to boost the growth of global conductive inks market.

The increasing awareness regarding use of renewable resources in residential and industrial sector and the rapid growth in consumption of solar based panels and other devices is anticipated to be a significant driver for the growth conductive inks market.

Medical devices account for share in consumption of conductive inks. There is an upsurge of technological advancement in healthcare industry and the medical device manufacturers are constantly focusing on improving functionality and precision of the devices.

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Conductive Inks Market: Region Wise Outlook

The global conductive inks market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Western Europe accounts for significant share in conductive inks market, which is attributed to the rise in consumption of solar based devices and flexible electronic equipments.

North America also has a major share in global conductive inks market as it dominates the medical devices market in terms of value. APEJ is expected to project high CAGR in terms of value and volume during the forecast period.

The improved lifestyle of consumers has resulted in rising demand for consumer electronic appliances and mobiles, especially in China, ASEAN region and India. Japan has significant share in conductive inks market, which is attributed to the mature electronics market in the country.

Conductive Inks Market: Key Players

Some of the key players in the global conductive inks market are as follows:

Henkel AG & Co. KGaA
DuPont
Methode Electronics
Creative Materials Inc.
Nano Dimension
Conductive Compounds, Inc.
TEKRA, A Division of EIS, Inc.
Sigma-Aldrich Co. LLC.
Novacentrix
Inkron
TOYO INK GROUP

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Sodium Molybdate Market | Industry Research, Segmentation, Key Players Analysis and Forecast to 2026

Sodium Molybdate also known as disodium dioxido(dioxo)molybdenum is a chemical compound extensively consumed in fertilizer application. Other uses of sodium molybdate include nutritional supplement in food industry and as corrosion inhibitor in industrial applications. Sodium molybdate is often found as dehydrate and was first synthesized by the method of hydration.

Sodium molybdate is an organic salt which is found in dietary supplements and other nutritional supplement. Sodium molybdate is a good source of molybdenum, it is used to for nitrogen fixation to support healthy growth of leguminous plants such as peas & leans, clover & Lucerne.

Sodium molybdate is used as corrosion inhibition in industry. In addition, sodium molybdate is also used for reducing nitrite requirement of fluids inhibited with nitrite-amine in chemical plants and improves corrosion protection.

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Sodium molybdate Market: Dynamics

Rapid industrialization across the globe is leading to increasing discharge of waste water and associated chemicals in to ecosystem, stringent government regulations on water disposal and environmental safety is leading towards increasing capacities of chemical and water treatment.

Sodium molybdate is used for corrosion inhibition and water treatment in these facilities. Such investments in these facilities are expected to drive sodium molybdate consumption across the globe. Growing civil infrastructure and textile market require high performance pigment and dyes which in turn is expected to drive demand for sodium molybdate in dyes and pigment application.

Increasing awareness towards health and nutritional supplements coupled with changing lifestyle and increasing number of working population has created significant demand for dietary supplements. As sodium molybdate is one of the ingredient in these supplements, its demand is expected to witness consistent increase in near future.

Increasing urbanization leading to decreased availability of arable land and increasing demand for yield and productivity improvement has led to significant developments in fertilizers.

New and advanced formulations of fertilizers incorporating sodium molybdate are available in the market to address yield and productivity concerns. Apart from nutritional supplement, food and beverage industry utilizes sodium molybdate as ingredient in other formulations and preservatives.

Sodium molybdate is emerging as possible alternative additive for sodium dichromate in the electrolytic production of sodium chlorate to reduce environmental impact without hampering performance in maintaining high current efficiency. Increasing use of sodium molybdate for aforementioned applications is a growth factor for sodium molybdate consumption in near future.

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Global Sodium molybdate Market: Region-wise Outlook

Global Sodium molybdate market is divided into the main region, Asia-Pacific, Western Europe, Eastern Europe region, Middle East Africa, Japan, and North America & Latin America. North America is expected to grow in future due to demand of fertilizer & nutrition supplement. Asia-pacific also expected to grow in future because of industrialization and growing food industry can shape global sodium molybdate market.

Sodium molybdate Market: Segmentation

Global Sodium molybdate market can be segmented on the basis application, product type, and region.

On the basis of application, global molybdate market can be segmented as:

Water treatment
Fertilizer
Pigments & dye
Corrosion inhibition
Others

On the basis of product type, global molybdate market can be segmented as:

Crystal
Solution

Sodium molybdate Market: Key Players

Some of the key players and service providers identified and include in the report of Sodium molybdate Market are: Climax molybdenum, Chem-met Company, Jinduicheng molybdenum co.ltd, Grishma metal technology, Columbus Chemical Industries, Inc., Nippon Inorganic Colour & Chemical, Luoyang Dingding Molybdenum and Tungsten Material CO., LTD, Anqing Yuetong Molybdenum Co., Ltd among other key participants in the market.

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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 categories such as market segments, geographies, types and applications.

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