Viscosity Reducing Agents Market | Key Players, SWOT Analysis, Key Indicators, Forecast To 2026

Viscosity is basically the resistance offered during the flow of the fluids due to natural presence of internal friction between their particles. Fluid with high viscosity resists the motion as its molecular design offers a significant amount of internal friction.

The physical significance of viscosity can be understood by the example of addition of turpentine into paints so that the paints become thinner, less viscous and suitable for further use. In various applications, high viscosity is undesirable as it reduces work efficiency.

The advancements in chemical technology and research & development in this field has led for the emergence of viscosity reducing agents, which can reduce the viscosity of the fluids without changing their chemical properties and effectiveness.

Viscosity reducing agents are also known as the drag reducing agents, the additives that reduce the turbulence and improves the flow of fluids. Viscosity reducing agents are widely used in oil pipelines to improve the flow capacity and thus improving the productivity.

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They also reduce energy losses in pipelines. On crude oil exploration and production sites, the raw crude oil is highly viscous and thick in nature. The process to pump this heavy crude oil from the source becomes highly energy intensive.

The addition of viscosity reducing agents reduces the viscosity of the crude oil, and in turn, the power requirement for pumping is also reduced. This lead to enhancement of the production efficiency of the plant along with decrease in production costs. Use of viscosity reducing agents also increases the overall operating life of transportation system of oil industries.

The viscosity reducing agents find their utilization across various industries as they reduce the problem of choking in pipelines and ducts and increase the transportation and process efficiency. In addition, the viscosity reducing agents are non-toxic and non-polluting in nature.

Apart from their use in chemical and process industries, several test and research studies are being carried on animals if these viscosity reducing agents can be used in arteries and veins to increase the blood flow. The benefits of using viscosity reducing agents, increased pipeline throughput and energy savings, are expected to drive the demand for their market over forecast period 2016-2026.

Market dynamics

The key driver for the growth of viscosity reducing agents market is the intrinsic benefits from their use. Viscosity reducing agents provide an economic and efficient way of material transportation over pipeline network. These chemicals play a crucial role in various industries, especially in the petrochemical industry, wherein the transportation of viscous crude oil is done with the help of large pipeline networks.

However, the viscosity reducing agents market is dependent on other industries and their demand becomes a function of performance of other industries in the global market. Significant demand for viscosity reducing agents exists in developed regions owing to their proficient use for increasing efficiency across various process industries.

In developing economies, the market for viscosity reducing agents is expected to increase due to growing industrialization. There has been a strong move by the industries to switch to chemicals which are eco-friendly and stable in nature. The use of eco-products is expected to act as catalyst for growth of the viscosity reducing agents market.

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Key Players

Some of the key players reported across the value chain of viscosity reducing agents market include NuGenTec, Flowchem, NALCO, Partow Ideh Pars, Thomas Swan & Co. Ltd., Halliburton, Flowlift, Qflo, Lubrizol Specialty Products, Inc., Concophilips, and Oil Flux Americas.

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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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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Benzoic Acid Market | Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2026

Benzoic acid is a crystalline and colorless aromatic carboxylic acid with chemical formula C6H5COOH. Initially, Benzoic acid was obtained from resin of trees belonging to the Styrax genus, also known as gum benzoin. Benzoic acid is widely used as a preservative to inhibit the growth of bacteria and fungi in the food and beverages industry. This odorless chemical is also used as a chemical reagent.

Benzoic acid and its salts used as preservatives are represented by E- numbers, E210, E211, E212, and E213. Benzoates are salts and esters of Benzoic acid. Benzoic acid when used as a preservative is added with a concentration of 0.05-0.1% to the food products. The rising demands for packaged food and beverages fuel the demand for Benzoic acid market growth globally.

Benzoic acid and benzoate are used to preserve acidified food products such as fruit juice, pickles (vinegar), sparkling drinks, etc. as the efficacy of both of them depends on the pH of food.Benzoic acid is also used in chemical, pharmaceutical, plastics, and in other industries. It is used for the production of Benzoate Plasticizer, Benzoyl Chloride, and Alkyd Resins.

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The application of Benzoic acid can also be traced in medical, dye intermediates, and for animal feed. Benzoic acid is used as a constituent for the treatment of fungal skin diseases such as ringworm, athlete’s foot, tinea, etc.

Benzoic acid is a common constituent in toothpastes, mouthwashes, deodorants, etc. in which it acts as an anti-microbial agent. The strong demand for the benzoate plasticizers also gives a positive outlook in the global expansion of its market.

Benzoic acid is soluble in water. This property of Benzoic acid makes it possible to purify it by recrystallization from hot water and cold water, since it is more soluble in hot water and less soluble in cold water. Benzoic acid is readily available in the market in a relatively cheaper price and hence it can be easily used by students, researchers as well as scientists.

Benzoic Acid: Market Dynamics

Increasing demand of packaged food and beverages drive the demand for Benzoic acid market across the world. Food preservation is necessary to increase the shelf life of the packaged food products which drives the growth of Benzoic acid market. Increasing demand for the replacement of phthalate plasticizers by benzoate plasticizers for different applications is likely to drive the demand for Benzoic acid market.

Rising population, higher income, and changing psychographics of Asian countries drive the growth of Benzoic acid market in the region. The consumption of Benzoic acid allows the market to remain relatively higher in the Asia-Pacific region, which will boost the advancement of this market.

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Rising demand for sodium and potassium benzoate also has been supporting the growth of Benzoic acid market. Per capita plastic consumption is following a higher rate in countries like India and China, which will enhance the demand for plasticizers and ultimately drive the market growth for Benzoic acid.

Strict regulations in developed countries may limit the growth of alkyd resin and ultimately the Benzoic acid market. Benzoic acid is not dangerous when used in lower concentration. However, it can harm lungs and digestive tract after prolonged usage and exposure to the substance. Like any other chemicals, Benzoic acid also has some toxic properties which stagnates the growth of the market.

Benzoic Acid: Market Segmentation

The global Benzoic acid market is classified on the basis of production methods and applications as following,

On the basis of production method, Benzoic acid market can be segmented as:

  • Grignard reagents
  • Friedel-Crafts reaction

On the basis of application, Benzoic acid market can be segmented as:

  • Food and Beverage
  • Preservation
  • Chemicals
  • Benzoate Production ( Potassium and Sodium benzoates)
  • Benzoyl Chloride
  • Alkyd Resins
  • Pharmaceutical
  • Plastics
  • Plasticizer
  • Animal Feed

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Benzoic Acid Market Participants

Examples of some of the market participants identified in global Benzoic acid market are: Emerald Kalama, Novaphene, HuangshiTaihua Industry, Shri Hari Chemicals, Sinteza S.A., Chemcrux Enterprises Ltd, Wuhan Youji Industries, Fushimi, San Fu, Huayin Jinqiancheng, and Nantong Haiers, among the others.

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

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

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Digital Map Market Size, Share, Growth, Trends And Forecast 2022 – 2032 | Report by FMI

The global digital map market is estimated at US$ 14 Billion in 2021 and is projected to reach US$ 16.2 Billion by 2022. The market is expected to reach US$ 61.2 Billion by 2032 while recording a CAGR of 14.2% during the forecast period from 2022 to 2032. There has been a lot of interest in the development of routable digital maps that compute from trajectory data in the last few years due to the ease and cost-effectiveness of gathering all the necessary information.

A new concept, Routable Digital Maps (RDM), has emerged with the development of Intelligent Transportation System (ITS) applications. Graphs such as these allow routing and other useful applications since they contain features such as speed limit, travel time, etc. These days, many individuals use real-time data mining tools (RDMs) as a method of avoiding traffic congestion by finding alternate routes to their destinations. All these factors has propelled market demand for digital maps in the market.

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Key Takeaways:

  • The global digital map market is currently valued at US$ 16.2 Billion, with a CAGR of 14.2% during the forecast period.
  • Software Solutions digital map to expand at a CAGR of 14.5% during the forecast period
  • In the U.S., the market is expected to reach US$ 26.5 Billion while growing at a CAGR of 14% during the forecast period.
  • China’s market is projected to grow at a higher rate of 15.4% CAGR during the forecast period.
  • India recorded a CAGR of 15.7% CAGR during the forecast period.
  • Japan is expected to reach a CAGR of 15% during the forecast period between 2022 and 2032.

Digital Map Market Landscapes

Key Players that have been profiled in the report are TomTom NV, HERE Technologies, Apple Inc., Alibaba Group, Navinfo Co., Ltd, INRIX Inc., Baidu, Inc., MapBox Inc., Environmental Systems Research Institute (ESRI), and Alphabet Inc. Through innovative products and technologies businesses will enable its customers to take full advantage of new technological advances.

  • In March 2022, Atlatec, a company that specializes in digital mapping, has been acquired by Bosch to bolster its position in automated driving. With the pending acquisition, Tier 1 supplier will now be able to offer to its customers all the necessary components of automated driving, including actuators, sensors, and software from a single source. There was an agreement not to disclose the purchase price between the companies. Regulatory approval is necessary for the acquisition to be completed.
  • Major cities will be able to explore 3D in Apple Maps by September 2021. With the release of iOS 15, Apple Maps has the most significant update with an attractive new city settings experience that includes rich details, driving directions with better navigation, immersive walking directions displayed in augmented reality, and so much more. In addition to London, Los Angeles, New York City, and the San Francisco Bay Area, the update, which extends the new Apple Map that they spent years developing from the ground up, is now available in 50 more cities.

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global digital map market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights By Type (Software Solutions,(Web-based, Desktop, Mobile App) Maps(data), Services), By Application (Indoor Navigation/Positioning(Airports, Retail Stores, Health Care Facilities, Others(Educational Institutes, Museums, Other Commercial Buildings) Outdoor Maps (Automotive, Mobile & Internet, Government & Utilities, Real Estate/ Construction. Others (Energy & Mining, Agriculture)) & By Region (North America, Europe, Asia Pacific, Middle East, and Africa, Latin America

Key Segments Covered

By Type:

  • Software Solutions
    • Web-based
    • Desktop
    • Mobile App
  • Maps (data)
  • Services

By Application:

  • Indoor Navigation/Positioning
    • Airports
    • Retail Stores
    • Health Care Facilities
    • Other
      • Educational Institutes
      • Museums
      • Other Commercial Buildings
  • Outdoor Maps
    • Automotive
    • Mobile & Internet
    • Government & Utilities
    • Real Estate/Construction
    • Others
      • Energy & Mining
      • Agriculture

By Region:

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

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Environmental Catalysts Market Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies by 2026

Environmental catalysts are a class of catalysts that is primarily used in order to reduce the level of pollutants and harmful emissions associated with energy and other process based manufacturing industries. Besides their use in industrial applications, these environmental catalysts are also used to reduce automotive emissions.

As such, these catalysts commonly find application in power plants, gas and diesel engines, steam crackers, calcination plants, cement production, FCC units in refineries, waste incineration plants, gas turbines, railroad engines, steel mills, and chemical plants among others.

Environmental catalysts provide an efficacious and efficient solution for restriction of emission of nitrogen oxides, hydrocarbons and carbon monoxide among others in to the atmosphere.

Environmental catalysts are most commonly used in selective catalytic reduction, dieses oxidation catalysts, three way catalytic convertors among others in order to reduce the levels of volatile organic compounds emissions, ammonia emissions, and nitrous oxide emissions. Demand for environmental catalysts is expected to witness a steady growth during forecast period.

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Global Environmental Catalysts Market: Dynamics

Consumption of environmental catalysts has witnessed a steady growth in the recent past. The growth of environmental catalysts market can be attributed to increasing efforts towards developing more efficient, cleaner and safer industrial processes in order to adhere to ever stringent regulations and norms instituted by authorities and regulatory bodies, especially in regions such as North America and Europe.

The demand for environmental catalysts, in order to tackle both, stationary source emissions and mobile source emissions is expected to witness a steady growth over forecast period.  Moreover, growing emphasis on reducing the level of pollutants emanating from automobiles is expected to in turn result in increasing use of environmental catalysts thus driving the growth of environmental catalysts market during forecast period.

Also, increasing demand for environmental catalysts for municipal and industrial waste remediation is expected to gain momentum especially in developing regions of the globe during the forecast period.

Global Environmental Catalysts Market: Regional Outlook

Depending on the geographies of the globe, global environmental catalysts market is segmented in to seven key geographical segments namely North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East & Africa.

North America and Europe, relatively mature markets, dominated global environmental catalysts market over the recent past. Whereas, consumption of these environmental catalysts is expected to witness faster growth in Asia Pacific region spearheaded by China.

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Global Environmental Catalyst Market: Key Players

Some of the players that operate in global environmental catalysts market are BASF SE, Johnson Matthey, CRI Catalyst Company, Axens Group, Environmental Catalyst Technology, Treibacher Industrie AG, Applied Catalysts, and EmeraChem etc.

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.

Global Environmental Catalysts Market: Segmentation

The global environmental catalysts market is segmented on the basis of the application of catalysts, and end-use segments.

On the basis of the application that these catalysts are used for, global environmental catalysts market is classified into

  • VOC oxidation catalysts
  • CO oxidation catalysts
  • Selective catalytic reduction catalysts
  • Others

On the basis of end-use segments, the global environmental catalysts market is segmented into

  • Mobile source emission control – heavy duty vehicles, light duty vehicles, motorcycles, construction equipment among others
  • Stationary source emission control that comprises industrial applications including those in power generation, refineries, municipal waste remediation etc.

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

About Future Market Insights (FMI) 

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

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Automotive Gas Cylinder Market | Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2026

Gas cylinders are basically pressure vessels which are used to store various gases under desired pressure conditions. According to point of application, gas cylinders vary in shape, size and weight. In automotive industry, gas cylinders are used to store natural gas (CNG) and hydrogen for their use as fuel.

Earlier, one of the largest challenge with automotive gas cylinders was their heavy weight and safety issues in case of accident. Innovation & emergence of new technology, over the past years, has led to the development of new composite material e.g. carbon fiber, glass fiber, etc., which have worked in the direction to overcome these challenges.

Based on type of construction materials used, different type of automotive gas cylinders are available in the market. With high growth in use of automobiles running on alternative fuels such as hydrogen, compressed natural gas, etc., global automotive gas cylinders market is expected to increase at a significant CAGR over the forecast period 2016-2026.

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Global Automotive Gas Cylinder Market: Dynamics

Governments from across the world are highly focused to reduce emission of greenhouse gases from automobiles, which is one of the biggest cause of haphazardly increasing global air pollution. CNG vehicles emit less greenhouse gases as compared to vehicles that are fueled with other fossil fuels, due to which their demand is expected to grow at a robust CAGR over the coming years.

Besides, use of hydrogen as an alternate automotive fuel has already started and demand is expected to grow at an unprecedented rate over next decade. Owing to these developments, demand for gas cylinders in automotive industry is projected to grow at a significantly high CAGR between 2016 and 2026.

Depending upon the material used in cylinder manufacturing, automotive gas cylinders can impart significant weight to vehicles. High weight of automotive gas cylinders can cause reduction in speed & fuel economy of the vehicle. Key players are involved in reducing weight of the cylinders in order to meet government regulations as well as increasing fuel efficiency of vehicles.

Global Automotive Gas Cylinder Market: Region-wise Outlook

On the basis of regions, global automotive gas cylinder market is segmented into key regions namely North America, Latin America, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe and Japan.

North America and Western Europe currently holds significant market share in the global automotive gas cylinders market. However, in light of changing pollution norms and safety regulation, APEJ is expected to emerge as high demand –high growth region over the coming years.

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Global Automotive Gas Cylinder Market: Key Players

Some of the key players reported in the study of automotive gas cylinders market are 3M, CleanNG, CNG Cylinders International, Cobham plc, Faber Industrie S.p.A., Luxfer Gas Cylinders, Quantum Fuel Systems LLC., Beijing China Tank Industry Co. Ltd., Everest Kanto Cylinder Ltd. and MCS Technologies GmbH.

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

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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Business Process Automation (BPA) Market 2022 | Segmentation, Outlook, Industry Report to 2032

The Business Process Automation (BPA) Market is expected to reach US$ 37.3 Bn in 2032, likely to surge at a vigorous 11.9% CAGR during the assessment period.

Key trends in business process automation include managing the business workflows and streamlining the business processes. This includes improved integration between different business processes and applications and increased usage of cloud-based BPM technologies. Due to the rise in automation levels in enterprises, business process management (BPM) has assumed a vital role in helping organizations gain a competitive advantage.

Advanced technologies and frameworks have emerged at accelerated pace to enable organizations to automate their business processes. The interest in BPM among businesses is growing in line with the increase in digitalization, globalization and digitization of industries.

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Adoption of cloud-based business process automation solutions has made BPM more accessible to organizations of all sizes. Key attributes of cloud-based BPA software includes high scalability, faster deployments to meet the service delivery demand, 24×7 continuous availability and low cost of operations.

Key Takeaways

  • By deployment type, the cloud-based BPA software segment is anticipated to account for the leading share in the global business process automation market.
  • On premise BPA software segment is estimated to grow at a robust CAGR of 7.3% through the forecast period.
  • Among the enterprise size, the large enterprise segment is estimated to grow by 2.8X during the forecast period.
  • By industry, the BFSI industry segment is anticipated to grow at the highest CAGR of 14.5% from 2022 to 2032, followed by IT & Telecom industry.
  • North America is expected to dominate the business process automation market followed by Europe in 2022.
  • South Asia & Pacific region is estimated to be the fastest-growing region during the forecast period.
  • The market in the U.S. is expected to progress at a CAGR of around 10.9% through 2032.
  • In India, the business process automation market is expected to grow by 4.4x during the forecast period.
  • Business process automation market in East Asia is estimated to witness an absolute $ opportunity of US$ 5,583.1 Mn in the forecast period.

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Business Process Automation (BPA) Market Outlook By Category

By Deployment Mode:

  • On-premise BPA Software
  • Cloud-based BPA Software

By Enterprise Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • IT & Telecom
  • Retail
  • Government
  • Healthcare
  • BFSI
  • Manufacturing
  • Others

By Region:

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

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Marine Sealants Market | Outlook, Current and Future Industry Landscape Analysis by 2026

Sealants are defined as those materials that are applied to two or more substrates so as to fill the space between them, thereby restricting the passage of fluids. Sealants are often used in order to help resist relative movement of the substrates that compose the assembly.

Ship building industry comprising commercial ship building, cruise ships & ferry boats building and yachts industry are among the prominent consumers of sealants.

Marine sealants serve diverse set of functions ranging from waterproofing, vibration damping to insulation. Here, sealants find a variety of applications both above the water line and below the water line, and are used for sealing hull or deck joints, fittings and trims among others.

Some of the prominently used marine sealants are polyurethane, silicone and polysulfide based sealants. Depending on the intended application area, one or more types of sealants are used.

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Global Marine Sealants Market Dynamics

Steady growth in shipbuilding industry owing to increasing sea trade is expected to primarily drive growth of marine sealants market during forecast period. Besides, increasing demand for yachts and leisure boats owing to increasing aspirations of affluent populace across the globe is another factor that is expected to positively impact global marine sealants market during forecast period.

However, economic down turn and uncertainties especially in key markets across the globe are likely to impact the global trade and shipbuilding order book and completions therein, thus, acting as an impediment to the growth of global marine sealants market during initial phase of forecast period.

Moreover, cyclic nature of the ship building industry is another factor that affects dynamics of global marine sealants market.  Increasing emphasis on launch of application specific product offerings is expected to be witnessed during the forecast period in global marine sealants market.

Global Marine Sealants Market: Regional Outlook

Depending on the geographical regions, global marine sealants market has been segmented in to key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East & Africa. Among the mentioned geographical segments, Asia Pacific region is expected to dominate global marine sealants market, registering a steady single digit growth over the forecast period.

Growth of shipbuilding industry is expected in turn drive demand for marine sealants during forecast period. Western Europe accounts for a significant share in overall global yacht building industry, as such, increasing demand for yachts during forecast period is expected to in turn drive growth of marine sealants market in the region.

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Global Marine Sealants Market Players

Some of the key players operating in global marine sealants market include:

  • Dow Corning Corporation
  • Henkel AG & Company, KGaA
  • The 3M Company
  • Bostik S.A.
  • Sika AG
  • SABA
  • Adshead Ratcliffe & Co Ltd.

Global Marine Sealants Market Segmentation

Depending on the material type, global marine sealants market has been segmented in to following key segments:

  • Polysulfide
  • Butyl
  • Silicone
  • Polyurethane
  • Others

On the other hand, depending on the applications, global marine sealants market has been segmented in to following major market segments:

  • Above Water-Line
  • Below Water-Line
  • Others

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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, material types and applications.

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

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Industrial And Institutional Hand Hygiene Chemicals Market | Segmentation, Outlook, Industry Report to 2026

Hand hygiene chemicals are the primary defense against infections and cross contamination risks. The pharmaceutical & healthcare industry, both acute and non-acute, is the largest vertical for hand hygiene chemical products, followed by the food & beverage processing and foodservice industry

The market for hand sanitizers has experienced particularly strong growth since last few years, becoming commonplace in many healthcare and food processing facilities as well as in general office work spaces. Alcohol-based hand sanitizers will continue to hold the majority market share, even though non-alcohol-based sanitizers offer several key benefits.

Industrial and Institutional Hand Hygiene Chemicals Market Dynamics

The principal factor driving the growth of the global industrial and institutional hand hygiene chemicals market is the increased awareness of hand hygiene principles amongst both the general public as well as institutions.

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Furthermore, the urge to reduce nosocomial infections (infections acquired at hospitals) has brought hand hygiene practices in the healthcare setting greater publicity and attention and the trend is forecast to continue over the forecast period.

Stringent regulations laid down by government and health advisors on hand hygiene compliance will sustain demand of the hand hygiene chemicals over the forecast period.

Ongoing trends such as installation of regular hand cleaning stations at various junctures by government organizations, standardization of ‘green’ products, and product innovations are expected to boost the market for industrial and institutional hand hygiene chemicals over the forecast period.

One important hindrance which can affect the growth of this market is increased usage of gloves in work environments such as industries and hospitals.

Consumers who are less aware of the usefulness of these products and underexposed to changing lifestyle tend to think twice before buying it due to their afterthought of chemical substances being more harmful. Factors such as these can hamper market growth over the forecast period.

Industrial and Institutional Hand Hygiene Chemicals: Regional Outlook

The Global Industrial and Institutional hand hygiene chemicals market can be divided into seven geographical locations such as North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.

The North American market share is forecasted to have the highest share as consumers in this region have higher awareness regarding personal hygiene and also the growing number of blue collar workers in this region is expected to have a positive impact on the growth of market in this region.

The market share in the European region is also high due to growing number of industries and hospitals built. The Asian market is forecasted to be on the lower side but tends to improve at a much faster growth rate due to rapid spread of health awareness and safety.

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Industrial and Institutional Hand Hygiene Chemicals Market: Key Players

Some of the major players which provide the Industrial and Institutional Hand Hygiene Chemicals are

  • Kutol Products Company, Inc.
  • Reinol-Janek Chemicals (Pty) Ltd.
  • Woodbine Products Company
  • State Chemical Solutions
  • Chemiphase Ltd.
  • Sure Chemicals Ltd.
  • Reckitt Benckiser Group plc
  • Azett-Seifenfabrik GmbH & Co.
  • Stanrose Envirotech India Pvt. Ltd.
  • Altret Industries Pvt. Ltd.
  • Deb Group
  • Steris plc
  • EcoHydra Technologies Ltd.

Industrial and Institutional Hand Hygiene Chemicals: Segmentation

On the basis of state of the product, Industrial and Institutional Hand Hygiene Chemicals Market can be segmented as:

  • Solid state products
  • Liquid state products
  • Paper based products (Liquid imbibed in solid)
  • Gel based products

On the basis of product type, Industrial and Institutional Hand Hygiene Chemicals can be segmented as:

  • Soaps
  • Regular Soaps
  • Antibacterial Soaps
  • Industrial Heavy-duty Soaps
  • Sanitizers
  • Alcohol-based
  • Non-alcohol-based
  • Others
  • Protectors (Barrier Creams, etc.)
  • Restorers (Moisturizers, etc.)

On the basis of purpose of the product, Industrial and Institutional Hand Hygiene Chemicals can be segmented as:

  • Antiseptic
  • Antimicrobial

On the basis of End-use Verticals, the global industrial and institutional hand hygiene chemicals market can be segmented into:

  • Food & Beverage Processing & Foodservice
  • Pharmaceutical & Healthcare
  • Retail
  • Manufacturing Units and Industrial Services
  • Educational Institutions
  • Office Work Spaces
  • Others (Agriculture, Forestry, etc.)

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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 and geographies.

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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Polyamide Intermediate Chemicals Market | Size, Historical Growth, Analysis, Opportunities and Forecast To 2026

Polyamide intermediates are thermoplastic silky material, which is also known as nylon. It is available in fibrous state as well as in plastics. The polyamide intermediates are used for an array of applications, which includes fabrics, tires, and carpets among others.

The consumption of polyamide intermediate chemicals in the automotive sector is expected to be the highest over the forecast period. Polyamide intermediate chemicals possess special characteristics, which includes high abrasion resistance, high elongation, and chemical resistance among others.

Many manufacturers are engaged in developing bio-based methods for developing the polyamide intermediates. With introduction of bio-based polyamide intermediates, the global polyamide intermediates market is expected to foster a healthy growth rate, as it is recyclable and being adopted by the various end use industries from automotive to consumer goods. The consumption of polyamide intermediate chemicals in the automotive sector is expected to be the highest over the forecast period.

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Global Polyamide Intermediate Chemicals Market: Drivers & Restraints

The global polyamide intermediate chemicals market is primarily driven by the demand for environmental friendly consumer products and stringent regulations for ecofriendly products. With a wide range of application of polyamide intermediates chemicals in various end use industries such as automotive, electronics, textiles and consumer goods among others is attributed with the growth of global polyamide intermediate chemicals globally.

The use of polyamide intermediate chemicals in the automotive sector to replace some of the alloy parts such as nuts and bolts to reduce the weight of vehicles are increasing the adoption of polyamide intermediates chemicals in the automotive industry. Thus, this demand is fostering the growth of polyamide intermediate chemicals market.

However, the moisture absorption properties of the polyamide intermediates chemicals decreases the tensile strength of the material which might pose as a restraint to its adaptability also the molded polyamide intermediates are subjected to shrinkage which might restrain the growth of polyamide intermediate chemicals market.

Global Polyamide Intermediate Chemicals Market: Regional Outlook

Based on the geographic regions, global polyamide intermediate chemicals market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, Asia-Pacific market for polyamide intermediate chemicals holds the largest market.

In the Asia-Pacific market, China holds the largest share followed by India, the growth of polyamide intermediate chemicals in these countries are attributed with the growth of automotive, chemicals and textile industries in these regions.

The demand for bio-based polyamide intermediates chemicals in the North America and the European market to cope up with stringent environmental regulations in the region is fostering the growth of polyamide intermediate chemicals but in a moderate speed. Overall, the market is expected to show a significant growth rate by the end of forecast period.

Global Polyamide Intermediate Chemicals Market: Key Players

Some of the major players identified in the global polyamide intermediate chemicals market includes, BASF SE, DuPont, DSM, Segetis, Inc., Solvay, Arizona Chemical Company, LLC., and Genomatica, Inc. among others.

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Global Polyamide Intermediate Chemicals Market: Market Segmentation

Based on the type of polyamide intermediate chemicals, the global polyamide intermediate chemicals market can be segmented into:

  • Synthetic Polyamide Intermediate Chemicals
  • Bio-Based Polyamide Intermediate Chemicals

Based on applications, the global polyamide intermediate chemicals market can be segmented into:

  • Tires
  • Musical Strings
  • Bags
  • Conveyor Belts
  • Others

Based on the end use industries, the global polyamide intermediate chemicals market can be segmented into:

  • Automotive
  • Textile
  • Electronics
  • Consumer Goods

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

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

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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Noise And Vibration Coatings Market | Analysis, Segments, Leading Player, Application & Forecast to 2026

Noise and vibration coatings are water based coatings containing noise reducing pigments and are VOC compliant, it is used to reduce noise and vibrations from machinery’s and automotive. It is non-flammable and contains and non-toxic in nature and possess highly thixotropic properties along with good temperature resistance up to 350 degrees Fahrenheit and acts as corrosion resistance for machines.

Moreover, once applied on the surface it can be washed and the coatings does not peel off or cracks. The noise and vibrations coatings are manufactured in spray and paste form. There are norms, which allows only a permissible decibel of sound to be emitted from the machinery’s or industries thus providing safety to worker operating under harsh noises.

The noise and vibration coatings are used in different applications such as motors and transformers, metal ducts, HVAC systems, grinders, and door panels of car among others. The global noise and vibration coatings market is expected to show considerable growth by the end of forecast period due to its wide range of applications in the end use industries from automotive to marine.

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The global noise and vibration coatings market is primarily driven by the increasing demand from the industries to reduce the noise and vibrations from the rotating equipment in order to comply with the regulations for noise emission.

The noise and vibration coatings also protects the surface from corrosion thus having a multipurpose use, which can reduce the additional costs for corrosion prevention coatings. Moreover, the noise and vibrations coatings being water based and VOC free is contributing to the growth of noise and vibrations coatings globally.

Some of the big players in the coatings market are developing technologies to enhance the existing noise and vibration coatings in the market. For instance, DOW coating materials has developed a new a technology Liquid-Applied Sound Damping (LASD) that can be used to mitigate noise and vibrations in cars and home appliances among others.

The global market for noise and vibration coatings is segmented based on resin types, applications, end use industries and regions. Based on the resin types the global noise and vibration coatings market can be segmented into epoxy resins, epoxy PE resins and thermoplastics.

Based on applications, the global noise and vibration coatings market can be segmented into car door panels, motors, metal ducts, grinders and tanks among others. Based on end use industries the global noise and vibration coatings can be segmented into automotive, marine, aerospace, home appliances among others.

Based on the geographic regions, global noise and vibration coatings market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa.

The North America market for noise and vibration coatings market currently holds the largest market share for the noise and vibration coatings market among the aforementioned regions. The Western Europe market trails behind the North American market in terms of market share.

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The stringent regulations for noise emission in these regions as well as adaption of new technologies for noise and vibrations coating in the region attributes to the growth of noise and vibrations coatings market in these regions. However, by the end of forecast period the Asia-Pacific market for noise and vibration coatings market is expected to grow significantly due to the growth in automotive industry and other industries in the region.

Some of the major players identified in the global global noise and vibration coatings market includes The Dow Chemical Company, Mascoat, LORD Corporation., Silent Running, Daubert Chemical Company and The Decc Company among others.

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

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

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