Viscosity Index Improvers Market Sales to Reach a Valuation of US$ 4,699.3 Mn in 2029

Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to US$ 4,699.3 Mn mark by 2029 end, the overall growth outlook would remain sluggish.

Consistently soaring consumption of vehicle lubricants such as engine oil, transmission fluids, and break oil by OEMs and aftermarket operators will continue to significantly contribute to the growth of viscosity index improvers market.

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Viscosity Index Improvers Market​ Key Takeaways

  • The demand for lubricants is estimated to reach 40 Mn Tons by the end of 2019.
  • The penetration of high performance lubricants in automotive as well as industrial sectors is increasing with growing focus on lubrication for performance efficiency of industrial machinery and automotive components.
  • Increasing labelling initiatives have propelled the demand for ISO-grade viscosity lubricants. High-quality lubricants have optimum viscosity, offer corrosion protection, and ensure oxidative stability.
  • Major companies are focused on the development of bio-preferred or bio-based products, which are compliant with the changing regulatory scenario. For instance, Croda International Plc is developing ester-based viscosity index improvers, which are bio-preferred.
  • High regulatory standards laid down by organizations such as NHTSA & EPA, and growing emphasis on fuel economy have made the usage of viscosity index improvers crucial.
  • Viscosity index improvers are commonly used in multi-grade engine oils. Increased adoption of high-performance engines has boosted the demand for high-quality engine oils with appropriate viscosity, which in turn, is positively impacting the growth of the viscosity index improvers market.
  • Other industries such as marine, railways, energy & power generation/transmission equipment are also increasing the demand of high-quality lubricants, thus propelling the growth of viscosity index improvers market.

The viscosity index improvers market is witnessing a paradigm shift in terms of innovation and manufacturing, from traditional synthetic products to bio-based or bio-preferred products that are in compliance with regulatory framework. This transition, along with production cost optimization, will drive substantial demand for the product in automotive as well as non-automotive applications.

Viscosity Index Improvers Market: Competition Landscape

According to FMI analysis, the global viscosity index improvers market is moderately consolidated with key market players such as Infenium International Limited, Chevron Oronite LLC, Afton Chemical Corporation, The Lubrizol Corporation, Evonik Industries AG, and Mitsui Chemicals accounting for a significant share in the global market. Leading market players are strategically engaging in the development of close working relations with lubricant manufacturers for ensuring long-term supply contracts.

Changing Regulatory Scenario Encourages Advancements in Lubrication Technology

The demand for viscosity index improvers is directly proportional to the production rate of lubricants. Changing regulatory scenario and imposition of emission standards have led to the development of high-quality lubricants, which has increased the penetration of lubricant additives such as viscosity index improvers. Development of new customized product variants for target applications along with existing products gives a competitive edge to manufacturers.

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What the Report Offers

In its newest market study, Future Market Insights provides decisive analysis on the global viscosity index improvers market and provides significant insights through schematized market research. The report offers in-depth market study of the historical performance from 2014 to 2021, along with forecast statistics for 2022 to 2029. The market study offers comprehensive insights on various aspects of viscosity index improvers market based on product type (Polymethylacrylates, Ethylene Propylene Copolymers, Polyisobutylene, Hydostyrene Diene Copolymer, Others) and application (vehicle lubricants, industrial lubricants, transmission fluids) across the seven regions.

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Soda Ash Market will Record a Sluggish 4.0% CAGR through 2029

Pegged at a steady CAGR, global revenue of soda ash market is set to US$ 25,285.6 Mn in 2029. The upsurge in revenue is accredited to greater uptake of soda ash in glass & ceramic industry, particularly container glass and flat glass. Moreover, variegated end-use segments such as chemicals, construction, metallurgy, soaps & detergents are generating soaring demand for soda ash, concludes the FMI report.

Manufacturers in soaps & detergents industry increasingly favour soda ash as a substitute for traditionally-used phosphates. Soda ash has become a crucial ingredient for numerous cleaning products. It is transforming the energy sector owing to its recyclability and reusability. Moreover, soda ash market is gathering strong impetus in developing countries with proliferation of high net worth income individuals.

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Key Takeaways of Soda Ash Market Study

  • Glass & ceramics hold a majority share in the global soda ash market.
  • Leading manufacturers continue to adopt innovative extraction processes thereby boosting production capacity.
  • Sustainability would remain key strategic focus of market leaders through 2029.
  • Gains in soda ash market are primarily concentrated in Asia Pacific owing to thriving construction, chemicals, soaps & detergents industries.
  • Continued usage of cost-effective alternatives such as aluminum and plastics are set to restrict widespread adoption of glass in packaging industry.

Leading players in soda ash market must adopt and implement expansionary, sustainable activities along with strategic collaborations in order to remain prominent.

Asia Pacific to Remain at Forefront of Soda Ash Market Growth Through 2029

Consumers in Asia Pacific have contributed substantially to the growth of soda ash market. Owing to greater net worth incomes of consumers and prodigious demand generated by construction, chemicals, soaps & detergents industry, Asia Pacific will be the epicenter of growth through 2029. The region accounts for a whopping 57.6% share in soda ash market. In addition, India and China will be the domestic growth capitals in Asia Pacific region. On the other hand Europe will account for significant revenue share during the forecast period.

Strategic Collaboration and Sustainability Remain Key Factors for Sustained Market Leadership

The competitive landscape of global soda ash market is highly consolidated in nature. Major players featured in this study include, but are not limited to, Tata Chemicals Ltd., DCW Ltd., Genesis Energy, LP, Nirma Ltd., Ciner Group, Novacap Group, and CIECH SA. Sustainable practices are increasingly being adopted by industry leaders worldwide. For instance, energy-efficient turbines have been installed by Tata Chemicals Ltd. as a part of their sustainability pledge. Moreover, key players continue to acquire regional companies for enhanced global presence.

Know More About the Report

FMI’s study offers an in-depth market forecast and analysis on the soda ash market. The major categories encompassed by the report include density (light and dense), end-use (water treatment, chemicals, metallurgy, paper & pulp, soaps & detergents, glass & ceramics) across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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Pre-treater laundry products Market have been Enduring Demand both in the Household as well as Commercial Segments

The global laundry industry has been surging in terms of value sales in the global market which is attributable to the rise in consumption rate of various kind laundry products. These laundry products have been enduring demand both in the household as well as commercial segments. Over the past two decades, the laundry industry has witnessed significant restructuring catering to its target customers’ needs and demands.

The industry has evolved in terms of product offerings by coming up with innovative products into the market. Through some of the effective marketing strategies adopted by some of the key manufacturers has triggered the demand for these kinds of innovative products.

Pre-treater laundry products are one of those laundry products gaining traction among its target segments. Pre-treater laundry products are primarily used in to remove the some of the toughest stains on garments and clothing material which could be wine, blood, dirt, eliminates fuel, oil and exhaust odors and helps repel future stains.

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Global Pre-treater laundry products Market: Reasons for Covering this Title

Owing to the confluence of various factors such as the on-going trend of premiumization where consumers are willing to any extent on buying products which favor their needs and the continuous improvisation of existing products by manufacturer keeping its consumers keen on using those products, has been driving the overall growth of global pre-treater laundry products.

Pre-treater laundry products facilitate the removal of the toughest stains even the grease from any kind of clothing materials maintaining the garment’s original color as well as texture.

Pre-treater laundry products serve the retail as well as the commercial segment where the retail segment accounts to higher volume share. These pre-treater laundry products are being availed in various formats according to its customers’ perception i.e. liquid, powder and gel formats.

Global Pre-treater laundry products Market: Key Players

Some of the key players operating in the global Pre-treater laundry products market are Church & Dwight Co., Inc., Reckitt Benckiser LLC, WHIP-IT INVENTIONS, INC, Unilever Ltd, S.C. JOHNSON & SON, INC., The Dial Corporation, and Henkel AG & Co. KGaA among others.

Pre-treater laundry products Market: Key Trends

The major shareholding companies in the Pre-treater laundry products market have been strategizing extending its product portfolio by adopting latest technologies into its existing products.

Pre-treater laundry products Market: Key Developments

  • In 2015, Henkel AG & Co. KGaA launched a new 2-in-1 laundry detergent and pre-wash in Germany. According to Henkel, the product has a powerful formula with an effective stain removing effect and also features a special brush for persistent strains incorporated into the bottle. The brush can be inserted inside the dosing cap and a small amount of gel placed and then brushed on to the stain.
  • In 2017, Unilever launched the first breakthrough innovation in the in the laundry category which is premium detergent under its own brand name i.e. Powergems.

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Opportunities for Pre-treater laundry products Market Participants

The hospitality industries such as hotels, restaurants usually deal with problems on figuring out on removing permanent stains caused due to food or dishes specifically. Even in healthcare sectors such as hospitals deals with these kinds of problem. On the other hand, customers always expect these sectors (Hospitality & Healthcare) to be clean and tidy no matter when it comes to any kind of clothes or garments. Owing to these factors, Pre-treater laundry products sight a critical opportunity in gaining sales in these segments due to its unique feature of removing permanent stains.

Brief Approach to Research for Pre-treater laundry products Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of the coconut water concentrate segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period.

The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Pre-treater laundry products market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the Pre-treater laundry products market, including background and evolution
  • Macroeconomic factors affecting the Pre-treater laundry products market and its potential
  • Pre-treater laundry products Market dynamics, such as drivers, challenges, and trends
  • Detailed value chain analysis of the Pre-treater laundry products market
  • The cost structure of the products and segments covered in the study for Pre-treater laundry products Market
  • In-depth pricing analysis, by key product segments, regions and by major Pre-treater laundry products market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario for Pre-treater laundry products
  • Analysis of the Pre-treater laundry products market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the Pre-treater laundry products market, including detailed profiles of the top players in this market

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

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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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.

Global Pre-treater laundry products: Market Segmentation

On the basis of formats, the global Pre-treater laundry products market has been segmented as –

  • Liquid
  • Powder
  • Gel

On the basis of packaging, the global Pre-treater laundry products market has been segmented as –

  • Bottles
  • Tetra packs
  • Cartons

On the basis of the end user, the global Pre-treater laundry products market has been segmented as –

  • Retail
  • Commercial

On the basis of the distribution channel, the global Pre-treater laundry products market has been segmented as –

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Convenience Store
  • Specialty Store
  • Online Stores
  • Others (Club Stores)

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Waste-derived Pyrolysis Oil Market to Hit US$ 456.4 Mn by 2029: Future Market Insights

Increasing demand from several end-use industries has resulted in fluctuating oil prices in recent years. Oscillating oil prices have forced end users to look for alternative means to fulfil their fuel needs. Pyrolysis oil production utilizes different types of waste to produce oil, which can be used as diesel, gasoline, and automotive fuel, among others.

Waste-derived pyrolysis oil contributes towards waste reduction, is an excellent fuel and energy source, and can be used to extract other petroleum products. As a result, the global waste-derived pyrolysis oil market is projected to reach a value close to US$ 500 Mn in a decade, expanding at a moderate CAGR during the forecast period of 2022-2029.

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Key Takeaways of Waste-derived Pyrolysis Oil Market Study

  • The fast pyrolysis process is practiced on a larger scale by multiple manufacturers; hence, it is expected to sustain its prominence over the forecast period.
  • Biomass, as a source, is easier to crack, and is also a very popular raw material in regions such as Europe, East Asia, and South Asia.
  • The waste-derived pyrolysis oil market is still in its nascent stage; however, it holds a lot of promise. End uses such as heat & power for energy production through boilers, turbines, and engines are expected to hold higher market share over the forecast period.
  • Waste-derived pyrolysis oil also has prominent application in food aromas, plant protectors, or growth enhancers in the food flavoring segment.
  • East Asia, Europe, and North America are expected to be prominent regional markets over the forecast period, owing to the presence of a large number of tier II & III players in East Asia, and tier I players in Europe and North America.

“Global players such as BASF SE, Honeywell UOP, Dow Inc., and ConocoPhillips, among others, have invested strategically in the waste-derived pyrolysis oil market in the recent past, which suggests that major manufactures are keeping tabs in the market as it holds a lot of potential in the coming future.”

Market Landscape Moving Towards Fragmentation

The waste-derived pyrolysis oil market is fairly consolidated, as a few players have the capability of extensive R&D as well as production capacity. Key tier I manufacturers such as Agilyx, Inc., Enerkem, and Ensyn are opting for growth strategies such as collaborations, joint ventures, and other inorganic growth strategies, along with product development. However, the high emergence of new players is expected in the coming years, owing to the inexpensive set-up of pyrolysis units as well as yearly incrementing oil prices.

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Waste-Derived Pyrolysis Oil Market Taxonomy

Fuel Type

  • Unrefined
  • Refined

Pyrolysis Process

  • Fast
  • Flash
  • Others

End Use

  • Heat & Power
  • Automotive Fuel
  • Bio Refineries
  • Food Flavouring

Region

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

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Want to Know More?

Future Market Insights has published a market research report on the waste-derived pyrolysis oil market that contains global industry analysis of 2014–2021 and opportunity assessment for 2022–2029. The report provides insightful analysis of the waste-derived pyrolysis oil market through five different segments – fuel type, pyrolysis process, source, end use, and region. The waste-derived pyrolysis oil market report also talks about the demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, and a detailed overview of the parent market.

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Combat Boots Market witnessing a robust growth rate of over 3.9% during the forecast period 2022-2032

The global combat boots market size is expected to be worth US$ 1,743 million in 2022, with a projected value of US$ 2,555.4 million by 2032.  The demand for combat boots is expected to increase at a CAGR of 3.9% between 2022 and 2032.

The combat boot market is witnessing growth due to the ongoing developments by combat boot companies. These companies are putting their products through rigorous testing to ensure that they can withstand tough conditions with minimal wear and tear. Furthermore, the demand for combat boots is increasing since they are designed to provide stability in challenging and harsh conditions by giving a solid grip, enhanced ankle stability, and superior foot protection. Law enforcement officers, firefighters, military personnel, and adventurers who work in harsh weather conditions are the primary drivers of combat boot industry growth.

According to US Defense Department data, 60,000 military soldiers were present in Afghanistan, Iraq, and Syria in March 2019, and this number is expected to increase in the near future, resulting in rising sales of combat boots and fuelling combat boot market expansion. Furthermore, rather than parades or other ceremonial duties, troops wear them during battle or combat training. As a result of an increase in the number of military personnel for security objectives, the combat boots market share is expected to grow on average.

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As internet penetration has grown, so has the number of users of various social networking sites. Taking this into consideration, it is expected that the majority of the leading companies in the combat boots market are likely to promote their products and services using these social media channels. However, due to the high costs and widespread popularity of combat boot brands such as Nike, Adidas, and Puma, counterfeit brands have proliferated. As customers in emerging economies are price sensitive, counterfeit brands have become common.

Key Takeaways from Personal Fitness Trainer Market

  • The United States holds the second highest share of the combat boot market. In 2022, North America is anticipated to capture 21.89% of the global combat boot market.
  • Asia Pacific is likely to increase rapidly over the forecast period. An increase in government intervention to quell riots, protests, and disaster management activities is expected to boost regional demand for combat boots.
  • In 2022, Europe is projected to hold more than 25.89% of the combat boot market. Europe is anticipated to dominate the combat boot business between 2022 and 2032.
  • From 2022 to 2032, the Jungle combat boots category is expected to dominate the combat boots market.
  • Military combat boots are expected to dominate the market based on application.

“A variety of manufacturing companies are witnessing investment opportunities in the niche market for combat boots. Additionally, the production of composite plastic toes offers a significant market opportunity for manufacturers of combat boots.” –  FMI Analyst

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Competition Landscape in the Personal Fitness Trainer Market 

Leading industry companies are expected to concentrate on expanding their operations in the Asia Pacific area due to the steadily growing clientele in nations like China and India. Significant market players are anticipated to invest in R&D initiatives in this respect in order to maintain their competitiveness during the forecast period.

NS Boots Pvt. Ltd., McRae, Wolverine World Wide, Belleville Boot Company, Magnum Boots, Maelstrom Boots, Bates Boots, Rampage, and Under Armour are some key players in the combat boot market.

Recent Developments in the Personal Fitness Trainer Market:

  • The GSG9.2 Footwear, a combat boot with military inspiration from Adidas, went on sale in June 2019.
  • In April 2020, the first responders in New York City will get 1,000 pairs of combat boots from the Italian footwear manufacturer Garmont Outdoor.
  • The 5.11 A.T.L.A.S. (All Terrain Load Assistance System) combat boot line was introduced in February 2020 in Las Vegas, Nevada.

Combat Boots Market by Category

By Type:

  • Jungle Boots
  • Desert Boots
  • Cold Weather Boots
  • Others

By Application:

  • Military
  • Hiking
  • Travel
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania
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Cold Plates Market to Reach US$ 569.8 Mn, Globally, by 2030 at 5.3% CAGR: Future Market Insights

In response to the surging application of cooled liquid systems in-built with cold plates instead of forced air cooling systems, the cold plates market demand is rising rapidly. According to Future Market Insights (FMI), the global cold plates market is expected to grow by 5.3% CAGR during the forecast period from year 2022 to 2030.

The increase in focus on miniaturized electronics components are leading the cold plates market towards further growth across the globe.

Despite of being affected by the novel coronavirus outbreak due to shutting down of manufacturing units, crisis in raw materials and labors, decline in demand and others, the market holds strong potential to excel.

As the cold plates market is expanding across the world creating huge scope for the market players, top companies such as BOYD Corporation, Telerex, Wieland Microcool, Cofan USA Inc., and others have started adopting strategic ways to utilize the opportunities.

The FMI report offers a detailed analysis of the global cold plates market, its growth, scopes and potential during the forecast period.

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Some of the key takeaways from the report are highlighted below-

  • The global cold plates market is expected to grow by 5.3% CAGR during the forecast period from the year 2022 to 2030
  • Exclusive features of cold plates such as minimizing noise effects, reliability, adaptability to wide ranges of temperature and others are forecast to market growth
  • Introduction to highly efficient customized products is projected to steer cold plates market demand throughout the forecast period
  • Surge in miniaturized electronics components used in diverse range of products is expected to propel the lightweight and higher fin density cold plates market growth.
  • Growing inclination towards advanced liquid-cooled thermal solutions is anticipated to spur the market demand all over the world
  • High-powered electronics will sustain as the leading applications of the market
  • Region-wise North America, followed by Latin America and Europe will dominate the global market
  • Growth in semiconductor and electronics industry will cater to the market growth in the coming years

“Surge in miniaturized electronics component and increasing inclination towards liquid-cooled thermal solutions is anticipated to propel the global cold plates market growth during the forecast period from the year 2020 to 2030.”- says an FMI analyst.

Surge in Liquid-Cooled Thermal Solutions Demand Driving Growth

The modern day technology needs smaller microprocessors to operate, which results in excessive power consumption, rising heat flux and other issues. Due to these cons the circuit designers need to develop more efficient system which are more expensive and less attractive in terms of usage flexibility.

As the requirement of liquid-cooled solutions have been increasing rapidly, various industries such as high power electronics developers, motor devices manufacturers, automotive components developers and others are opting for affordable options. As a result the demand for advanced cold plates is increasing worldwide.

New-age Technologies Aiding Expansion

The advancement in technologies coupled with the increase in light-weight and affordable equipment demand in various applications such as, lasers, military equipment, medical equipment and others are boosting the global market growth.

The modern-age cold plates are suitable to be used as light-weighted system components with high performing capability. As the cold plates help in achieving better coefficient of temperature expansion (CTE), it is widely preferred among the diverse end users.

Due to their high thermal conductivity and compact design, cold plates market demand is anticipating further surge in growth in the coming years.

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Sluggish Growth Likely Due to COVID-19

The COVID-19 pandemic brought the cold plates market to a stand-still for some time. Restraining factors such as hampered supply chain management, nonoperational manufacturing units due to lock down and others have resulted in decline in the market growth during the current year.

As more people are getting inclined towards consuming more essential products, the global market is experiencing less demand for various cold plates applications such as, motor devices, wind turbines and others. In the other hand the increased demand for medical equipment has worked in favor of cold plates market.

Despite of facing a few issues due to COVID-19, the cold plates market is anticipated to exhibit continuous growth during the forecast period from year 2022 to 2030.

Who is winning?

Due to the surging demand for cold plates from the various end-user industries such as high powered electronics equipment developers, medical equipment developers and others, the market is expected to experience acceleration in growth.

The key market players such as, Parker Hannifin Corporation, Columbia-Staver Limited, Wieland Microcool, BOYD Corporation, Cofan USA, Inc., and others have started taking innovative approaches to dominate the market.

For instance, the key market player BOYD Corporation has brought their new ranges of thermal solutions with special emphasis on liquid cold plates with the feature of removing heat from high heat load surfaces for cooling in a complete liquid system.

Parker Hannifin Corporation has launched their new set of thermal and power management products with the availability of diverse ranges of cold plates such as THERM-A_GAP HCS10 thermally conductive gap filler pads, CHO-THERM Thermally conductive electrical insulator pads and others.

Cofan USA, Inc. has released their exclusive thermal stimulation with the latest software to handle complex CFD stimulations and CAD modelling utilizing the best of the benefits of cold plates.

As the global market is anticipated to witness further growth in the coming years, the competitive market players are investing heavily to lead the market.

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More Valuable Insights on Cold Plates Market

The Future Market Insights report offers an in-depth research and unbiased analysis of the global cold plates market, providing historical data for period of 2015-2021 and forecast statistics for the period of 2022-2030. To understand and utilize the market potential, the cold plates market is segmented on the basis of product (stir welded cold plate, press locked cold plate, vacuum brazed cold plate, rolled tube cold plate, exposed tube cold plate, vortex cold plate, die cast cold plate, other customized cold plates), and application/end-user industry (high powered electronics, wind turbines, medical equipment, IGBT modules, motor devices, lasers, automotive components, military equipment, laboratory plates) across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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Tinted Glass Market Value to Grow by Almost US$ 34,245.6 Mn During 2022-2030

The growth of the global market for tint glass has dipped significantly in 2020, owing to the impact of the coronavirus pandemic. Restrictions on construction activity and automobile production, in addition to changes in consumer behavior, with increased purchases of essential has hampered the short-term scope of growth for the tinted glass market.

As per Future Market Insight’s, tint glass market research, global revenues are expected to reflect 6.7% CAGR for the assessment period between 2022 and 2030. According to its latest report the market is likely to gain impetus from the incorporation of smart glass technologies and major investments into the commercial real estate sector.

The tint glass sector is expected to display healthy growth throughout the assessment period, with the adoption of smart glass and laminate tech, and the widespread use of glass for aesthetics in construction.

On the other hand, volatility of raw material supplies and prices, and strict laws against the use of tinted glass, especially on automobiles could potentially hinder market growth in the long term.

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The report published by FMI encompasses an exhaustive overview of the market, covering essential dynamics of the tinted glass industry. Some key takeaways include:

  • The tinted glass market size was valued at over 18.5 billion in 2019, with growth diminishing substantially during the coronavirus pandemic, owing to lockdown restrictions on the global automotive and construction sectors.
  • Building and construction industry applications of tint glass are major contributors to market revenues, supported by demand for glass facades in commercial construction, in addition to favourable government regulations on energy efficient construction technologies.
  • Tint glass products with 6mm thickness is reflecting substantially higher tinted glass market share in comparison to 3mm, 4mm, and 5mm, 8 mm 10mm, and 12mm options. However, 8- and 10mm products are also expected to display a sharp rise through 2030.
  • East Asia will remain a prominent market for tint glass, with lucrative opportunities arising from the major automotive production facilities in the region. Also, the establishment of tint glass production facilities by international players, to leverage low labour costs will benefit the market.

Covid-19 Effect on Tint Glass Market

The rapid spread of the coronavirus pandemic coupled with the resultant lockdown regulations imposed by governments has had a largely adverse impact on the tint glass market. Consumers are more inclined to focus their disposable incomes towards essential commodities, reducing short term demand.

Further, the lockdown restrictions on the manufacturing, automotive and construction sectors have had a significant impact on vehicle production and building activities further limiting demand. The tinted glass industry also continues to face challenges from the tariff wars between the US and China, which compounds the effects of the pandemic.

However, the market is likely to display a steady recovery towards 2021, as restrictions by governments are relaxed with the objective of limiting the strain on national and global economies gains importance.

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Who is Winning?

In a new report, Future Market Insights has provided detailed analysis of the varied business strategies being used by participants in the tint glass market. Leading players are largely focused on investing their resources towards strategic collaborations and product launches to consolidate position in a fairly fragmented landscape and to expand their portfolios.

Some of the more important players in the tint glass market include AGC Inc., Saint Gobain, Vitro, Guardian Glass LLC, Xinyi Glass Holding Ltd., Kinestral Technologies Inc., and Qingdao Vatti Glass Co. Ltd., among others.

Tinted Glass Market – Key Segments

Color

  • Bronze
  • Grey
  • Blue
  • Green
  • Others

Application

  • Buildings
  • Automotive
  • Furniture & Crafts

Design

  • Single Glazed
  • Double Glazed

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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.

Contact:

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Petroleum Jelly Market Demand to Reach a value of US$ 646.6 Mn by 2030 end: FMI

In use for several decades, petroleum jelly has cemented its position as a crucial component in the cosmetics and pharmaceutical sectors. Owing to its healthy properties, petroleum jelly products such as vaseline, lotions, creams, hand cleaners have gained steady demand. With a continual demand for personal care products owing to high disposable incomes and rising awareness among consumers, especially millennials, the future of the market looks promising.

As petroleum jelly exists in a semi-solid form, it is thick in nature. As a result, human skin cannot completely absorb petroleum jelly, which enables it to act like a barrier preventing dirt formation and subsequently avoiding skin damage. Moreover, on the back of its fibrous and greasy structure, and composition of mineral oils, petroleum jelly has become an ideal raw material to produce pharmaceutical products.

On this premise, petroleum jelly is used in the production of healing products to treat burns, cuts, and scrapes to fasten the healing process in the injured area. Likewise, it is used in the healthcare sector after laser skin resurfacing and hepatitis treatment, thus further boosting the market growth. Demand for cosmetic grade petroluem jelly and pharmaceutical grade petroluem jelly is likely to grow during the forecast period.

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Furthermore, petroleum jelly acts as an excellent anti-rusting agent and water repellant and is odorless and inert. The aforementioned properties make it suitable for a wide range of applications across various industries such as leather, telecommunications, and manufacturing. Considering there is a continual need for preventing rusting of equipment, petroleum jelly is used in marine applications as well, which is anticipated to bestow lucrative revenue opportunities to market players.

Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global petroleum jelly market will grow in value at a CAGR of 4.2% between 2022 and 2030. Some of the key takeaways from the report include:

  • The global petroleum jelly market is projected to surge past valuation of US$ 646.6 Mn by the end of the forecast period.
  • On the basis of grade, USP graded-petroleum jelly is foreseen to remain the most sought-out grade owing to its high purity, which ensures healthy adoption in the skincare sector.
  • Based on end-use, the cosmetics & personal care sector is projected to drive the majority of revenue through the forecast period, ascribed to the industry’s reliance on petroleum jelly as a component in manufacturing lotions and other personal care products.
  • East Asia, led by China, is poised to maintain hegemony over the regional landscape through the forecast period, backed by the presence of a healthy pharmaceutical sector.
  • On the same path, South Asia is expected to prevail as the second most lucrative region, owing to industrial growth in emerging economies such as India and Vietnam.
  • Europe, being the world’s largest producer of cosmetics, will also remain a prominent region, and will continue to progress on a positive growth trajectory.

COVID-19 Impact on Petroleum Jelly Market

Although it is certain the demand for petroleum jelly witnessed a downtrend during the pandemic, the growth of the market is expected to remain largely unhindered on a broader level. As a result of nationwide lockdowns, with people confined to their homes, the sales of cosmetic products plummeted, subsequently impacting the demand for petroleum jelly. However, this is expected to change as normality in workspaces starts to gradually return, necessitating cosmetics as people get back to their routine. This is expected to propel the sales of cosmetics and, in turn, petroleum jelly. Moreover, a recent study conducted in the UK found that petroleum jelly is the best lubricant for people wearing PPE as it reduces friction between skin and PPE material, thus lowering the risk of skin tears, blistering, and hives. This is expected to proliferate demand among frontline healthcare workers who have to use PPE for a prolonged time.

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Who is Winning?

Key players operating in the market are directing their efforts towards mergers and acquisitions to ensure long term growth. Moreover, online marketing and branding have also been identified as a key strategy to growth. Key developments in the competitive landscape include:

  • In 2019, Godrej Consumer Products Limited acquired Canon Chemicals, a major manufacturer and distributor of personal care and home care products based in Kenya
  • In the same timeframe, Holly Frontier Corporation acquired Netherlands-based Sonneborn, a leading manufacturer and distributor of petroleum-jelly-based products.

FMI’s report includes profiles of some of the most prominent names in the market including Sasol, ExxonMobil, International Group Inc., Petroleo Brasileiro SA, Nippon Seiro Co., Ltd, Repsol, CEPSA, Calumet Specialty Products Partners, L.P., and Polwax SA among others.

Petroleum Jelly Market – Key Segments

Grade:

  • USP
  • Technical

End-user:

  • Pharmaceuticals
  • Cosmetics & Personal
  • Care
  • Food
  • Other Industries

Region:

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

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To Know More about Petroleum Jelly Market

A new market research report published by Future Market Insights (FMI) on the global petroleum jelly market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2022-2030. The report examines the market through four different segments – grade, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

About Future Market Insights (FMI)

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

Contact:

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Smart Home Appliances Market Is Expected to Be Valued at US$ 75 Billion in 2032

The global smart home appliances market is anticipated to garner US$ 75 Billion while expanding at a CAGR of 8.1% during the forecast period ranging from 2022 to 2032, as per Future Market Insights’ recent report. The market is estimated at US$ 32 Billion in 2021 and US$ 34.5 Billion in 2022. Product demand is being driven by factors, such as the growing penetration of smart homes, rising home improvement projects, and rapid developments in IT and wireless communication.

Technological advances incorporated into homes are augmenting industry growth. Makers are incessantly developing and transforming smart home appliances to cater to the relaxed lifestyles of tech-savvy consumers. Besides, brands have been improving smart automation and hi-tech features for smart homes. Digital smart dials and voice-controlled lighting with programmable attributes are anticipated to appeal to millennial clientele. On the other hand, high costs involved in technological advancements, which can result in higher global product costs, may hurt industry development.

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In recent years, the demand for smart home appliances has burgeoned at a moderate rate, backed by an upward trend of advanced gadgets among millennial consumers. In terms of product type, the demand for smart washing machines is rising at an impressive rate owing to the growing demand for convenience products in residential spaces.

Key Takeaways from the Market Study

  • By product type, smart washing machines are expected to be most sought after, capturing 31% revenue
  • Smart air purifiers to enjoy equally high demand, flourishing at a 7.9% CAGR until 2032
  • Offline smart home appliance sales to retain dominance, comprising over 60% demand in 2022
  • Online smart home appliances sales to surge fastest, estimated to record an 8.1% CAGR
  • North America region is likely to account for the majority share of nearly 38% in 2022
  • Europe to generate substantial expansion opportunities, yielding 1/3rd of global revenue in 2022
  • Asia Pacific to register an 8.3% CAGR with regard to smart home appliance demand

With the introduction of novel technologies and increasing concern for the cybersecurity, the manufacturers are investing more on developing energy-efficient products to offer protection for the residential & commercial, thereby exhibiting immense growth,” remarks an FMI analyst.

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Competitive Landscape

Key players in the global Smart Home Appliances market include Whirlpool Corp., LG Electronics, Haier Group, Samsung Electronics Co. Ltd., Panasonic Corp., BSH Hausgeräte GmbH, Electrolux AB, Koninklijke Philips N.V, GE Appliances, Xiaomi Corp., among others. Recent key developments among players are:

  • In January 2022, Samsung Electronics announced its membership in the Home Connectivity Alliance (HCA) together with leading manufacturers in the smart home space, aiming to promote interoperability and greater safety.
  • In February 2021, Panasonic announced the launch of its IoT and AI-connected living platform-Mirage. Additionally, the company launched a connected refrigerator, washing machine, wifi fan, ROMA smart digital switches, and smart wifi controller plugs and switches in India.
  • In January 2022, Electrolux and other manufacturers formed the Home Connectivity Alliance (HCA) to make devices and apps work together across brands for a better consumer experience.

Key Segments Covered in the Smart Home Appliances Industry Analysis

Smart Home Appliances Market by Product:

  • Smart Washing Machines
  • Smart Refrigerators
  • Smart Air Purifiers
  • Smart TV
  • Other Smart Home Appliances

Smart Home Appliances Market by Distribution Channel:

  • Online Sales of Smart Home Appliances
  • Offline Sales of Smart Home Appliances

Smart Home Appliances Market by Region:

  • North America Smart Home Appliances Market
  • Latin America Smart Home Appliances Market
  • Europe Smart Home Appliances Market
  • Asia Pacific Smart Home Appliances Market
  • Middle East & Africa Smart Home Appliances Market

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Smart Home Appliances market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Smart Home Appliances Market by Product (Smart Washing Machines, Smart Refrigerators, Smart Air Purifiers, Smart TV, Others), by Distribution Channel (Online Sale, Offline Sale) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions/Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product modifications /Innovation

  1. Key Success Factors

4.1. Strategic Developments

4.2. Key regulations

4.3. Product USPs /Technology

4.4. List of Manufacturers and Providers

Read More TOC

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https://acatpg.mn.co/posts/26684872?utm_source=manual

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

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Gypsum Market Will Surpass US$ 7.8 Bn by 2032 Amid Increasing Demand from Drywall/Plasterboard Manufacturing

The global gypsum market is estimated to expand at a 6.2% CAGR over the forecast period, reaching US$ 4.3 Bn in 2022.

Gypsum is a vital construction material and is used widely in Portland cement, building plaster, and several other construction products. The construction industry is a key application segment in the gypsum market. It is used for various applications such as cement, plaster, drywall manufacturing, and others. Growth in construction industry is expected to elevate the consumption of gypsum over the forecast period.

“Surging demand for gypsum in the agriculture sector for soil enhancement, along with expansion of the building and construction sector across emerging economies will drive sales in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

  • Global gypsum market is expected to reach US$ 7.8 Bn by the end of the forecast period growing at a CAGR of 6.2%.
  • Cement industry is key consumer of gypsum owing to its vital role in the building and construction sector.
  • East Asia is expected to lead the market in terms of production and consumption of gypsum owing to strong presence of end users in the region.
  • China is expected to be the dominant producer of crude gypsum, followed by the U.S.
  • India will emerge as a lucrative pocket amid rising construction of smart cities across various urban cities.

Competitive Landscape         

Key market participants in the global Gypsum market elaborated in the report includes Azko Nobel, Sherwin Williams Company, Asian Paints Ltd., Nippon Paints, Valspar Corporation, Jotun, BASF-SE, RPM International Inc., KANSAI Paints Co., Ltd., and Berger Paints.

Key gypsum producers are laying emphasis on expansion by establishing new plants that will help them to increase their production capacities and gain access to new distribution networks. Moreover, several manufacturers are engaged in strengthening their product portfolio by strategic acquisition and mergers to attract maximum consumer base.

More Insights into the Gypsum Market Report

In its latest report, FMI offers an unbiased analysis of the global Gypsum market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of Product type, End Use, and Region

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Gypsum Market by Category

By Product Type:

  • Natural
  • Synthetic

By End Use:

  • Cement
  • Drywalls
  • Plaster
  • Soil Amendment
  • Gypsum Blocks
  • Others

By Region:

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

About FMI – Chemicals and Materials

The Chemicals and Materials division of FMI offers distinct and pinpoint analysis about the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular, with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies serve as referencing market guidelines for chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap Analysis

1.5. New/Upcoming Projects (Turkey)

1.6. Analysis and Recommendations

  1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption Analysis

4.2. Strategic Promotional Strategies

4.3. Technological Innovation

Read Full TOC

About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedInTwitterBlogs
For Sales Enquiries: sales@futuremarketinsights.com