Anethole Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2028 | Says FMI Analyst

Market Introduction

Anethole market is a derivative of an aromatic compound named as phenylpropene which is mostly found in the oil of plant. Anethole is mostly found in oils of aniseed up to 80% and in fennel 60%.

Anethole is highly soluble in the ethanol and shows very less solubility in the water. Anethole is colorless and has fragrance that resembles basil. The oils in which the anethole is found have anti-bacterial and anti-fungal properties. These properties are further found in the anethole as well.

The anethole can also act as very good bug repellent and can be used in the house and can be applied on body as well. Anethole is an unsaturated component of ether that possess flavoring properties.

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The anethole has more sweetness compared to sugar. Anethole also has some uses in some of oral hygiene products, frozen dry berry products and seasonings.  Anethole is used in many drinks to make them more sweet and palatable.

Anethole is used in specific oils that are used to treat the patients with the hormonal imbalance. Anethole also acts as an inhibitor for the carcinogenesis in specific parts of the body like fore stomach and lungs.

Market Dynamics

The growth in the food and beverage industry will help in the anethole market growth. The properties of anethole like anti-fungal and anti-bacterial will help in the growth of anethole sales. The health awareness among people is increasing day by day. Anethole has a variety of uses related to human health like weight loss, diuretic and digestion booster which will help in the growth of the anethole market.

The growth in population has created a platform for the growth of oral hygiene product use. The use of anethole in oral hygiene products will help in the sales growth of anethole.

The toxicity and flammability of the anethole may increase the risk of its storage in open place. Therefore, anethole needs to be stored in inert and cool places which would add in its total cost. The increase in the total cost may slow down the growth of anethole market.

Regional Outlook

China and India holding a prominent share in the population have a growing food and beverage industry which is expected to help in growth of demand for the anethole in the market.

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North American region being another key market for the food and beverages and the growing chemical industry is expected to create a platform for the growth of anethole market. European region has a growing food and beverage industry along with the chemical industry which is expected to help in the growth of sales of anethole.

South East Asia region has a moderately growing food and beverage industry which is expected to help in the growth of anethole sales up to a certain extent.

Japan is expected have a good scope for growth for anethole sales in coming years due to its growing food and beverage industry.

The Latin America region is expected show a slow growth in the anethole market due to its moderately growing chemical and food and beverage industry. Middle East and Africa have a moderately growing chemical industry which is expected to help in the growth of anethole sales in the region.

List of Market Participants

The market participants involved in the manufacturing of anethole are listed below:

  • Merck KgaA
  • Toronto research Chemicals
  • ABL Technology Limited
  • Nacalai Tesque
  • Alfa Aesar, Thermo Fisher Scientific
  • Central Drug House
  • Xi’an B-Thriving I/E Co., Ltd.
  • Mentha and Allied Products Pvt. Ltd
  • TCI Chemicals (INDIA) Pvt. Ltd

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.

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The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust 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)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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.

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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.

Market Segmentation

The anethole market is segmented on the following basis:

Anethole market by source of extraction:

  • Bitter Fennel
  • Sweet Fennel
  • Star Anise
  • Anise
  • Damiana

Anethole market by application:

  • Food Additive.
  • Flavoring Agent.
  • Anti-Inflammatory Compounds
  • Sweetener
  • Inhibitor for Cancer

Anethole market by end-use industry:

  • Chemicals and Allied Products
  • Basic Chemical Manufacturing
  • Food and Beverage

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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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Automotive Tuner Market Insights and Forecast by 2031

The demand for performance improvement of ageing vehicles is projected to drive the automotive tuner market. The global automotive tuner market is set to be valued at US$ 601.4 Mn in 2021, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. It offers analysis in 20+ high-growth markets, providing detailed insights on Automotive Tuners market growth will evolve in the next decade.

The demand for automotive tuner decreased in the 2020 with effect if the COVID scenario and also effect the overall sales from the direct sales channel the third party online channel won’t affect slightly due to the economic crisis.

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An increasing number of vehicle owners are spending on automating tuning to boost their vehicle performance. Considering this, the increasing sales of passenger vehicles in India, China, UAE, and other countries will create a conducive environment for automotive tuner sales. According to the report, passenger cars will account for maximum sales in the market.

Key Takeaways

  • Global automotive tuners market will rise at 5.8% CAGR between 2021 and 2031
  • Steady sales of vehicles boosts growth in the U.S., sealing its dominance in the North America market
  • Increasing vehicle production and focus on aftermarket and maintenance services have been driving growth in Germany and France
  • After a period of negative growth, sales will recover in the U.K. market, enabling it to register 4.7% y-o-y growth in 2021
  • Rising passenger vehicle sales will continue pushing growth in China. Also the increasing demand for aftermarket vehicle services and solutions will create a conducive environment for automotive tuner sales in the country

“The increasing demand for vehicle performance tuning or component tuning is creating growth opportunities for the market players. In the coming years, the market will gain from the rising demand for vehicular electronics, alongside focus on improving fuel-efficiency,” says FMI analyst.

Who is Winning?

The market is fragmented, with key players accounting for approximately one fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

Automotive tuner market is likely to grow at a moderate pace during 2021-2031. As it is a growing market, companies are expected to concentrate on research and development activities.

Some of the key players in the market are Derive Systems, Cobb, Alientech SRL, Roo Systems, EFI Live, Magic Motorsports, Edge Products, Diablo Sport, Mountune, Autotuner, AEM Electronics, Hypertech Inc., HP Tuners, Flashtec SA, Jet Performance Products, etc.

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Automotive Tuner Market

By Component Type

  • Hardware Component
  • Software

By Vehicle Type

  • Passenger Car
  • LCV
  • HCV

By Fuel Type

  • Gasoline
  • Diesel

By Sales Channel

  • Direct Sales
  • Third Party Online Channel
  • Independent Stores/Shops
  • Other Sales Channel

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Scope of the Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for value and Units for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa
Key Countries Covered US, Canada, Mexico, Brazil, Germany, Italy, France, U.K., Spain, Russia, BENELUX, China, Japan, South Korea, India, ASEAN, Australia and New Zealand, GCC Countries, Turkey, Northern Africa, South Africa
Key Segments Covered Component Types, Vehicle Type, Fuel Type, Sales Channel, and Regions

 

Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

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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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Automotive Performance Tuning and Engine Remapping Services Market Set for the Rapid Growth by 2031

The automotive performance tuning and engine remapping services market is forecast to grow at a CAGR of 6.3% from 2021 to 2031. Automotive performance tuning and engine remapping services market is driven by the increasing focus on customization of vehicles. The increasing trend towards owing high performance vehicles, coupled with surging fuel prices are key factors driving growth. Automotive performance tuning and engine remapping services have been gaining remarkable momentum in the passenger and commercial vehicle markets, from their conventional application in automotive racing.

Automotive performance tuning and engine remapping services aim to improve the performance and efficiency of a variety of vehicles. Previously, automotive performance tuning and engine remapping services were only available for race cars, but they’ve gained a lot of popularity as a trend in passenger and commercial vehicles. During the forecast period, this factor is expected to be one of the major driving forces for the global automotive performance tuning and engine remapping services market (2021-2031).

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Key takeaways of Automotive Performance Tuning and Engine Remapping Services Market Study

  • Driven by increasing demand for high-performance vehicles, the automotive performance tuning & engine remapping market will register 6.3% CAGR between 2021 and 2031
  • Increasing expenditure on ensure fuel efficiency in vehicles will drive growth in the U.S., enabling it to account for over 85% sales in North America in 2021
  • After a year of negative sales, sales in the U.K. will improve, exhibiting 6.6% y-o-y growth in 2021
  • Germany and France too will continue exhibiting high demand, backed by rising vehicle production and sales
  • Expansion of the automotive sector will boost sales in China, catapulting it as a leading market for automotive performances tuning & engine remapping

“Rising popularity of engine performance tuning and remapping in recent years is likely to drive global automotive performance tuning and engine remapping services market. Most players around the world are focusing on the expansion of the supply chain. As a result, engine tuning and remapping is gaining popularity among vehicle owners as it also increases the service life of vehicles engines,’’ says Future Market Insights analyst.

The performance tuning and engine remapping services are intended to improve the performance and economy of various types of vehicles. Performance tuning and engine remapping services were reserved for automotive racing only, but have significantly gained traction in the market as a trend in passenger and commercial vehicles as well. This factor is projected to be one of the key driving factors for the global performance tuning and engine remapping services market during the forecast period.

Who Is Winning?

The report includes some of the key market participants that are prominent and have established themselves as leaders in the global as well as regional markets for automotive performance tuning and engine remapping services. Some the key players in the automotive performance tuning and engine remapping services market are Quantum Tuning, RS Tuning, Turbo Dynamics, EcuTek Technologies Ltd., Roo Systems, ABT Sports line GmbH, Tuning Works Inc., Shift Performance, Layton Remaps, and TuneOTronics, among others.

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Automotive performance tuning and engine remapping services Market

By Vehicle Type

  • Passenger cars
  • Light commercial Vehicles
  • Heavy Commercial Vehicles

By Fuel Type

  • Petrol
  • Diesel

By Tuning stage

  • Stage 1
  • Stage 2
  • Stage 3

By Tuning Method

  • OBD Ports
  • Bench Tuning

By Application

  • Racing
  • Fuel Economizing
  • Performance tuning

By Region

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

Valuable Insights into Automotive Performance Tuning & Engine Remapping Services Market

Future Market Insights, in its new report, offers an unbiased analysis of the global automotive performance tuning & engine remapping services market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the market on the basis of vehicle type, fuel type, tuning stage, tuning method, and application across seven regions.

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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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Water Intake Screens Market Assessment and Key Insights Analyzed Till 2028| Says FMI Analyst

Global Water Intake Screens Market: Introduction

Growing population coupled Water Intake Screens Market with rapid urbanization and industrializations is going to create significant demand for water intake screens in the future. Water is a basic need and is required by many industries for different applications. Therefore, it must be clean and free from any type of debris so that it can be used according to need.

This is only possible with the help of water intake screens. Water intake screens are special screens used by many industries and municipals for the intake of clean and debris free water for further use.

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These screens are installed at the intake source and are designed to facilitate the intake of water from both stationary and mobile water bodies. Water intake screens are available in different sizes and materials in the market and can be used for heavy intake works as well as in harsh environmental conditions.

Global Water Intake Screens Market: Dynamics

Growing pollution in different kinds of water bodies, such as ponds, lakes, rivers, seas and oceans, across the globe owing to growing solid waste disposal is one of the driving factors responsible for the healthy growth of water intake screens market.

Moreover, safety standards in many industries is also going to create significant demand for water intake screens as the intake of aquatic plants and fishes can cause heavy damage or blockage in plants, thereby leading to heavy losses.

Therefore, to overcome this problem, manufacturers of water intake screens are focusing on the production of new screens that are aquatic life friendly and thus, can decrease the losses that occur due to downtime and in turn, help in increasing the overall efficiency of the plant.

Global Water Intake Screens Market: Regional Outlook

Asia Pacific is projected to be the most prominent market for water intake screens. This can mainly be attributed to the rapid industrialization across the region, mainly in India and China. These countries are the key growth contributors to the water intake screens market in the region.

Moreover, increasing water pollution across the region is also going to have a significant impact on the overall demand for water intake screens in this region. North America and Western Europe are also projected to hold a noteworthy share, in terms of demand for water intake screens, in future.

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Global Water Intake Screens Market: Market Participants

Some of the manufacturers involved in the manufacturing of water intake screens are:

  • Hendrick Screen Company
  • Evoqua Water Technologies LLC
  • Delta Screen & Filtration, LLC
  • Intake Screens, Inc. (ISI)
  • NAGAOKA INTERNATIONAL CORPORATION
  • Atlas Manufacturing Company, Inc.
  • ELIQUO WATER GROUP
  • Concord Screen
  • Screening Systems International Inc.
  • FEDERAL SCREEN PRODUCTS INC.
  • Ovivo
  • Wedgetech Australia Pty Ltd

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 exhaust 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)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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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 Water Intake Screens Market: Segmentation

The global water intake screens market can be segmented on the basis of type, application, end use and region.

On the basis of type, the global water intake screens market can be segmented as:

  • Stationary Water Screens
  • T-Intake Screen
  • Half Intake Screen
  • Cylinder Screen
  • Drum Screen
  • Others
  • Mobile Water Screens
  • Thru Flow Intake Screen
  • Dual Flow Intake Screen
  • Centre Flow Intake Screen

On the basis of application, the global water intake screens market can be segmented as:

  • Municipal
  • Industrial

On the basis of end use, the global water intake screens market can be segmented as:

  • Water Treatment
  • Oil & Gas
  • Mining
  • Power Generation
  • Food & Beverages
  • Pulp & Paper
  • Others

On the basis of region, the global water intake screens market can be segmented as:

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

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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
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Compact Utility Vehicles Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2031

Global compact utility vehicle sales are set to be valued at US$ 3.65 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report estimates global compact utility vehicle market to grow at nearly 2.4% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on compact utility vehicle growth will evolve in the next decade.

Demand for compact utility vehicles waned in 2020, and due to the COVID-19 economic impact, the automotive industry is in recovery mode. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive.

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Key Takeaways

  1. In addition to sales generated through ‘owning’, rentals will continue to be a substantial avenue for compact utility vehicle manufacturers
  2. Tracked compact utility vehicles are witnessing higher sales vis-à-vis other platforms
  3. Stringent environment regulations are influencing manufacturers to accelerate electric variant launch
  4. Consistent increase in constriction activities through infrastructure development will be key to demand during 2021-2031

 “Upsurge in demand for off-road vehicles in recent years is expected to provide an impetus to compact utility vehicle sales. Compact size, low fuel consumption and high performance of compact utility vehicles is expected to create substantial growth prospects.” says FMI analyst.

Competitive Landscape

The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Doosan Bobcat, Kubota Corporation, and Komatsu Ltd, and Hitachi Construction Machinery Co. Ltd. among others. These players are likely to invest in new technologies, especially electric variants, to maintain their market share

Compact Utility Vehicle Market Projection

Compact utility vehicle market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop customized vehicles that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.

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Key Segments

By Vehicle Type

  • Skid Steer Loaders
  • Excavators
  • Detachable Accessory Based Vehicles
    • Power Auger
    • Hydraulic Breaker
    • Diggers
    • Dumpers
    • Others

By Platform

  • Tracked
    • Wide
    • Narrow
  • Wheeled

By Operation Type

  • Diesel
  • Electric

By Rated Power

  • 20 to 25 HP
  • 25 to 50 HP

By Applications

  • Construction
  • Gardening & Landscaping
  • Civic Utilities
  • Industrial

By Sales Channel

  • Direct End User
  • Rental

By Region

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

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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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Floor Cleaning and Mopping Machines Market Insights, Deep Analysis of Key Vendor in the Industry 2017-2027| Says FMI Analyst

Floor Cleaning and Mopping Machines Market: Introduction

Floor Cleaning and Mopping Machines Market are automatic or semi-automatic machines that are designed and programmed to clean floors, rugs and carpets with different methods, such as suction, scrubbing and others. Commercial and residential buildings and individual households are the potential customers globally for the floor cleaning and mopping machines market.

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Depending on the floor type, the floor cleaning and mopping market offers different types of machines, which can be classified into two types, namely professional moping and cleaning equipment and consumer moping and cleaning equipment.

Floor Cleaning and Mopping Machines Market: Dynamics

With development and upgrades in technology, automatic and semi-automatic floor cleaning and moping machines have gained steady traction as compared to manual floor cleaning machines.

Floor cleaning and mopping machines have a sizeable application across many industries, such as chemical, food and beverage, healthcare, commercial and residential buildings and others.

Commercial and residential buildings, entertainment malls and the food and beverage sector contribute the most to the global floor cleaning and mopping machines market. To mitigate infections and germs in the healthcare industry, there is a constant need to keep the floors clean and disinfected, which in turn is giving impetus to the floor cleaning and mopping machines market.

Also, strict government rules and regulations to ensure top notch cleanliness in industries drive the floor cleaning and mopping machines market.

Automatic cleaning and mopping machines have low noise levels, are ergonomic and easy to use and conserve water; hence, there is a huge demand, especially in the healthcare sector and in commercial buildings.

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Also, as cleaning is a repetitive task, automatic cleaning and mopping machines reduce the labor required and thus decrease the manual labor cost. Therefore, these factors will boost the overall market growth of floor cleaning and mopping machines.

However, there are also many factors that are restrain the growth of the floor cleaning and mopping machines market. For instance, floor cleaning and mopping machines are expensive with high maintenance and repairing costs and a number of upgrades and extra spare parts add extra costs, which makes these machines economically less feasible. Also, the floor becomes slippery and could cause accidents, if over buffed.

Floor Cleaning and Mopping Machines Market: Regional Overview

North America dominates the cleaning and mopping machines market, owing to the growing number of institutional and office buildings, skyscrapers and underground structures. During the forecast period, the APEJ region is expected to occupy a greater market, especially China, India and other South East Asian countries, owing to the growth in economic capabilities and huge investments by governments and private sectors in expanding residential and commercial buildings.

The Mid-East and Africa region is expected to register a steady growth rate, due to the growing residential and non-residential construction markets, which can be further attributed to the increase in disposable income and improving economy conditions in the region.

Floor Cleaning and Mopping Machines Market: Market Participants

Examples of some of market participants identified in the floor cleaning and mopping machines market are:

  • Bortex Industries
  • Denis Rawlins
  • Hako Group
  • Tennant Company
  • Wiese
  • Alfred Karcher GmbH & Co. KG
  • Clemas & Co.
  • Eureka S.p.A. Unipersonale
  • Nilfisk Group
  • Tornado Industries

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

The report covers exhaust 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)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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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 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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Sodium Methyl P-hydroxybenzoate Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2027

Sodium methyl p-hydroxybenzoate is a food additive which is used as the food preservative and is evaluated in 1973. It has E number E219 (a standard of food preservative within the European Union) and also known as sodium methyl paraben.

Sodium methyl p-hydroxybenzoate is prepared when p-hydroxybenzoic acid is esterficated in the presence of sulfuric acidby the methanol, with subsequent distillation. Sodium methyl p-hydroxybenzoate is a standardized chemical allergen, and the physiologic effect of sodium methyl p-hydroxybenzoate is using cell-mediated immunity and increased histamine release.

Sodium methyl p-hydroxybenzoate is significantly used in alcoholic beverages, purified water, and foods as well as in medicines as an antimicrobial agent which kills microorganism and inhibits their growth. Sodium methyl p-hydroxybenzoate is a flavoring agent and constituent of yellow passion fruit, botrytized wine, cloudberry, Bourbon vanilla and white wine.

Sodium methyl p-hydroxybenzoate belong to hydroxybenzoic acid derivatives family and used in pharmaceutical as added substance in medicine preparation to prevent them from microbial action or chemical change. The taste of Sodium methyl p-hydroxybenzoate is slight burning. It has a faint characteristics odor or is odorless

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Global Sodium methyl p-hydroxybenzoate market: Drivers and Restraints

The key driving factor of the growth of the Global Sodium methyl p-hydroxybenzoate market is increasing health consciousness among consumers and growing demand for high nutrition food.

The macroeconomic factors which are driving the global Sodium methyl p-hydroxybenzoate market such as growing economy, increasing disposable income, and rapid rate of urbanization. Other key driving factors of Sodium methyl p-hydroxybenzoate market include the growing demand for organic, supplement food products along with high demand for packaged food across the globe.

Few of the factors trending the global Sodium methyl p-hydroxybenzoate market include high investment and growth in the food and beverages industry and mergers & acquisitions between the Sodium methyl p-hydroxybenzoate distributor and its players.

Companies operate in the Sodium methyl p-hydroxybenzoate can increase its share through collaboration with distributors. The key restraining factor of Sodium methyl p-hydroxybenzoate market is hazardous, attributed to eye irritation and specific target organ toxicity.

Global Sodium methyl p-hydroxybenzoate market: Segmentation Overview

The global Sodium methyl p-hydroxybenzoate is segmented by end-use industry type, application type, and region. Based on end-use industry type, the global Sodium methyl p-hydroxybenzoate is segmented as food and beverages, cosmetics and pharmaceuticals.

Among aforementioned end-use industry type, Cosmetics and food & beverages sector are projected to account for relatively high-market-share. However, the cosmetics are expected to expand at a relatively high growth rate in the global Sodium methyl p-hydroxybenzoate market, owing to strong demand for personal care products across the globe.

Based on the application type, the global Sodium methyl p-hydroxybenzoate segmentation includes an antimicrobial preservative, anti-fungal agent and others. Among application mentioned above type, an Antimicrobial preservative is expected to witness a positive growth over the forecast period.

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Global Sodium methyl p-hydroxybenzoate market: Regional Outlook

Based on the geographies, the global Sodium methyl p-hydroxybenzoate market is segmented into seven regions including Latin America, North America, Japan, Middle East & Africa, WesternEurope, Eastern Europe and Asia-Pacific except Japan.

Among the regions, North America is expected to dominate the global Sodium methyl p-hydroxybenzoate market with relatively high growth rate, owing to high demand for cosmetics and beverages products followed by Western Europe.

Western Europe is projected to expand at a high growth rate in the Sodium methyl p-hydroxybenzoate market, attributed to strong health consciousness among consumers across the regions.

Asia-Pacific captures relatively large volume share and is estimated to witness high growth rate in global Sodium methyl p-hydroxybenzoate market, attributed to changing a lifestyle of consumer rapidly growing population and rapid rate of urbanization across the region.

Few prominent players in the markets are

  • Sigma-Aldrich Co. LLC.
  • Bio-Rad Laboratories, Inc.
  • Shanghai Smart Chemicals Co.ltd
  • Parchem fine & specialty chemicals
  • Alfa Aesar
  • MP Biomedicals
  • NBS Biological
  • Merck KGaA
  • Hefei TNJ Chemical Industry Co., Ltd.
  • OMNILAB-LABORZENTRUM GmbH & Co. KG

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.

About Us

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

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Bicycle Tires Market Emerging Growth Analysis, Future Demand and Business Opportunities 2031

According to a new study by Future Market Insights (FMI), the global bicycle tire market is expected to be valued at ~US$ 6.4 Bn in 2021. Rising demand on environment-friendly modes of commuting is expected to help the market gain impetus in the coming years.

The electric vehicle (EV) revolution has dramatically altered the global automotive landscape. As environmental sustainability concerns mount, governments are calling for a swift transition towards alternative fuel sources to reduce carbon footprint. Hence, the market for electric vehicles is proliferating immensely. The 2020 Global EV Outlook published by the International Energy Agency (IEA) concluded that electric vehicle sales reached 2.1 million units in 2019, registering a 40% yearly increase.

This has spelt favorable conditions for the expansion of electric two-wheelers as well. Electric bikes are gaining momentum, providing tire manufacturers fertile ground for expansion. Furthermore, aggrandizing trends surrounding recreational biking is expected to stimulate cruiser bike sales, with Future Market Insights predicting its growth to be valued at 5% by 2021-end. Convenience is also becoming the need of the hour, with preference for foldable e-bikes acquiring major prominence.

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Key Takeaways of Bicycle Tire Market Study

  • Bicycle tire market is set to expand at 7.7% CAGR between 2021 and 2031
  • The U.S. will exhibit high demand, accounting for nearly 90% of bicycle tires sold in North America
  • The U.K. market is forecast to exhibiting impressive year-on-year growth at nearly 8% in 2021
  • Germany and France too are expected to register positive growth in sales of bicycle tires
  • Within East Asia, China will continue accounting for maximum sales, although the demand from Japan and South Korea too is expected to rise at a steady rate

“Increasing concerns pertaining to traffic congestion and implementation of stringent carbon emission norms are creating lucrative opportunities for bicycle tire sales. Cycling-to-Work initiatives are gaining more traction than ever before. Various government programs encouraging the use of bicycle for commute is expected to push the global bicycle tire market growth” says FMI analyst.

Bicycle tire market is projected to be a fast growing market especially since sales are poised to surge considerably in the coming years. There is increasing focus on research and development activities within the market to customize design as per consumer preference. Also with leading manufacturers aiming at sustainability, FMI predicts positive outlook for the market between 2021 and 2031.

Bicycle Tire Market Competitive Landscape

The bicycle tire market is highly competitive. Some of the key players in the market are Cheng Shin Rubber Ind Co., Ltd., The Goodyear Tire & Rubber Company, and Giant Bicycles among others. These players are expected to contribute prominent share in the global Bicycle Tire market, and have admired relationships with governments and bicycle manufacturing companies and other customers

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Bicycle tire Market

By Bicycle Type

  • Mountain
  • Hybrid
  • Electric
  • Comfort
  • Youth
  • Cruiser
  • Road

By Product Type

  • Tube Tire
  • Tubeless Tire
  • Solid Tire

By Tire Size

  • Upto 12 inch
  • 12 to 22 inch
  • Above 22 inch

By Sales Channel

  • OEM
  • Aftermarket

By Region

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

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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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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Water Leak Detection System for Server Rooms and Data Centers Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Water Leak Detection System for Server Rooms and Data Centers Market Overview

The essentiality of water leak detection systems for server rooms and data centers market is high owing to the high cost of risk arising from water damage to a number of businesses. Water damage is often not covered by insurance, which makes monetary and data loss cost prohibitive for many business entities.

The critical technical environments such as data centers need 24/7 monitoring and cannot afford even the slightest defects in water leak detection systems. In addition, rising affordability and efficacy of water leak detection systems has strongly contributed to the demand for water leak detection systems, especially for server rooms and data centers worldwide.

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Tech Innovations to Boost the Water Leak Detection System for Server Rooms and Data Centers Market

Technological advances in water leak detection system for server rooms and data centers such as power backups, detection of distilled water and precise leakage location detection are expected to boost the market through the forecast period.

Straightforward installation, ease of reusability and integrated connections to building monitoring systems are anticipated to boost the water leak detection system market. The advent of the Internet of Things and Artificial Intelligence is expected to provide a number of opportunities for product growth for all major market players.

On the other hand, prohibitive installation costs and lack of skilled operators are expected to act as the primary restrictive factor for the water leak detection system for server rooms and data centers market.

Rapid Increase in Rate of Installation to Keep North America at the Forefront in the Water Leak Detection Systems Market

North America is expected to lead the water leak detection system for server rooms and data centers market through the forecast period. This can be attributed to the rapid installation of water leak detection system for server rooms and data centers in the U.S. and Canada.

Growing usage of smartphones, mobile data, and data storage facilities are boosting the number of data centers in the region, and consequently the demand for water leak detection systems is also expected to increase for the protection of these data systems during the forecast period. ”

In addition, there has also been great increase in government support, monetary investment, and tech innovations for water leak detection system for server rooms and data centers in the region.

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The server room and data center market is still at a nascent stage in the Asia Pacific and the Middle East Region. However, with the rise in global businesses, these regions are expected to provide market players with highly lucrative opportunities for growth.

Product Development Efforts by Key Market Players to Sustain the Growth of the Water Leak Detection System for Server Rooms and Data Centers Market

Prominent market players of the water leak detection system for server rooms and data centers market are increasingly emphasizing on design development to create advanced water detection systems that provide greater accuracy of results, longer operation duration, and mobile apps for real-time monitoring.

Honeywell has developed a Wi-Fi enabled water leak detection system that senses both temperature and humidity and provides real-time alerts to the users, a 3 year battery life along with an expandable water sensing cable up to 500 feet in length for greater coverage.

Envirotech Alarms Ltd. has also introduced water leak detection single zone alarm panels, as entry level protection that have a variety of outputs which are compatible for connections with Building Management Systems (BMS) and even with solenoid type shutoff valves.

The company has also come out with programmable, intelligent multi-zone water leak detection alarm systems, that can cover up to 400 areas in a building zone and each area can have outstations that can have 4 additional connections, which enables the end user to see a comprehensive display for each segment of the entire area being monitored.

Some of the key players in the water leak detection system for server room and data centers market include Honeywell International Inc., Perma-pipe Inc., Mueller Water Products Inc., LeakTronics, Pure Technologies Inc., Schnieder Electric SE, NEC Corporation and Badger Meter Inc.

Segmentation of the Water Leak Detection System for Server Rooms and Data Centers Market

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Water leak detection system for server rooms and data centers can be categorized on the basis of type of sensors and type of leak detector panels.  Based on the type of sensors, water leak detection system for server rooms and data centers are divided into spot detector, rope detector, and locate sensors.

Water leak detection system for server rooms and data centers can be divided into single zone system and multi zone system. This detailed report on the water leak detection system for server rooms and data centers market emphasizes on the complete assessment of the market on regional and global levels with useful insights, along with pertinent and trustworthy information that has been supported and validated to achieve a better understanding of the water leak detection system for server rooms and data centers market’s competitive scenario along with ably recognizing lucrative opportunities for the future.

The report on the water leak detection system for server rooms and data centers market also includes information and a complete analysis according to the market segments such as geography, technology, and applications.

The report has also added a thorough examination on essential aspects such as

  • Market Segmentation- The water leak detection system for server rooms and data centers market is categorized into vital segments to understand each area in detail.
  • Driving Factors- The addition of market influencers to understand the factors that make an impact on the overall market situation.
  • Market Value- Scrutinizing the size of the global water leak detection system for server rooms and data centers market
  • Supply & Demand aspects
  • Examining the market trends and obstacles- Complete evaluation of the factors that can boost the market growth and the possible challenges that market players might face
  • Competitive Analysis- Recognizing the strategic activities of the key water leak detection system for server rooms and data centers market players
  • Technology- Understanding the scope of the water leak detection system for server rooms and data centers market with new technologies

The report also contains a comprehensive regional analysis with the focus on the following regions

  • North America water leak detection system for server rooms and data centers market (U.S., Canada)
  • Latin America water leak detection system for server rooms and data centers market (Brazil, Mexico, Rest of Latin America)
  • Western Europe water leak detection system for server rooms and data centers market (Germany, France Italy, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe water leak detection system for server rooms and data centers market (Poland, Russia, Rest of Eastern Europe)
  • Asia Pacific Excluding Japan water leak detection system for server rooms and data centers market (China, India, Australia, ASEAN, & New Zealand)
  • Japan water leak detection system for server rooms and data centers market
  • Middle East and Africa water leak detection system for server rooms and data centers market (GCC countries, S. Africa, N. Africa, Rest of MEA)

The report is an amalgamation of quantitative and qualitative first-hand information on water leak detection system for server rooms and data centers obtained from the examination by prominent industry analysts along with the addition of inputs given by water leak detection system for server rooms and data centers industry participants and industry experts.

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The full analysis of the trends in the market, market attractiveness according, and macro-economic factors in the report is effective in creating an understanding of the water leak detection system for server rooms and data centers market. In addition, the report also states the qualitative impact of these factors on the various regions and segments of the market. Water Leak Detection System for Server Rooms and Data Centers Market

The Report Illustrates

  • Overview of the water leak detection system for server rooms and data centers market
  • Essential market dynamics
  • Detailed market segmentation
  • Market Size: Current and historical market size along with projection of future prospects in terms of value and volume
  • Recent developments and trends in the industry
  • Competitive scenario
  • Strategies being used by major players and the product portfolio offered
  • Niche and potential segments and regions of the market that exhibit lucrative growth opportunities
  • Un-biased perspective on market performance
  • Important details for players to expand and sustain their presence in the marke

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
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Power Liftgate Market Challenges, Drivers, Outlook, Opportunities – Analysis to 2030

As per a new report by Future Market Insights (FMI), the power liftgate market reached a US$ 2,741.9 Mn valuation in 2022, and is projected to display a strong 8.2% CAGR. Improvements in automation tech, and the rising popularity of retrofitting are expected to aid long-term developments in the industry.

While the market is expected to display a positive growth trajectory in the coming decade, prohibitive costs of configuration, and limited use in low and mid-range automobiles remain deterrents.

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Key Takeaways

  • The size of the power liftgate market is estimated to reach US$ 2,547.0 Mn by the end of 2021, with investments into automotive automation technologies being the key factors aiding developments in the industry.
  • Luxury passenger cars will remain the leading end-users of power liftgates, while commercial vehicles are expected to reflect steady growth on the back of higher levels of domestic trade and ecommerce.
  • Semi-automatic versions of power liftgates reflect relatively higher, albeit declining market share, owing to improvements in recent years in terms of automation technologies including AI and IoT.
  • North America, followed by Europe, are lucrative markets for power liftgates, driven by strict emission regulations and the presence of leading automobile market players.

“Rising demand for reliability and comfort in driving experience and the growing value of the luxury vehicles segment around the world are key factors driving the demand for power liftgates. Manufacturers are pushing for improvements in terms of temperature and shock resistance, which will aid growth in the long-term,” said a lead FMI analyst.

Covid-19 Effect on Power Liftgate Market

Lockdown restrictions have affected production activities. Also, restrictions on trade have disrupted supply chains for raw materials and components. Concerns in terms of workforce shortage and finances will also remain important for the duration of the crisis. Changes in consumer spending behavior have impacted automotive sales, which in turn has hurt the demand for power liftgates. Recovery is likely to be gradual, owing to economic uncertainties and the largely non-essential nature of automotive components for the near future.

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Who is Winning?

In its new report, FMI has covered essential data on key business strategies that have been gaining traction in the power liftgate market. Market leaders have been focused largely on product development strategies, in addition to geographical expansion, especially considering the high potential of emerging economies.

Continental AG, Stabilus GmbH, Huf Hulsbeck & Furst GmbH & Co., Strattec Security Corporation, Brose Fahrzeugteile GmbH & Co., Johnson Electric Holdings Ltd., HI-LEX Corporation, VOXX Electronics Corp, Power-Packer Corporation, Magna International, Autoease Technology are some of the more prominent market players in the industry.

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Key Segments

Sales Channel

  • OEM
  • Aftermarket

Vehicle Type

  • Passenger Vehicle
    • Compact
    • Mid-sized
    • SUV
    • Luxury
  • Commercial Vehicle

Product Type

  • Automatic
  • Semi-Automatic

Region

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Europe (Germany, France, UK, Italy, Spain, Russia, BENELUX, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • Middle East & Africa (GCC Countries, Turkey, South Africa, Northern Africa, Rest of MEA)

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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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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