Ortho-Xylene Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2032

The structure of ortho-xylene and its aggressive reaction with oxidants can cause fires and explosions. As a result, governments around the world have imposed severe restrictions on the use of ortho-xylene. This is expected to have a negative impact on the ortho-xylene market in the near future.

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Ortho-Xylene. FMI provides a new study to elucidate the potential growth parameters of the Ortho-Xylene market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Ortho-Xylene market structure.

FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

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FMI’s latest report on global Ortho-Xylene market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Ortho-Xylene in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Ortho-Xylene market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Ortho-Xylene market is expected to witness in the upcoming decade.

Impact of COVID-19 on Ortho-Xylene Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time.

Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Ortho-Xylene market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Ortho-Xylene Market Report

  1. How will the Ortho-Xylene market expand through 2032?
  2. Which region is the most lucrative in the Ortho-Xylene market?
  3. What are the recent technological developments in the Ortho-Xylene market?
  4. What are key challenges and competition threats faced by Ortho-Xylene market players?
  5. Who are prominent players leading the Ortho-Xylene market?

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Ortho-Xylene Market: Key Segmentation

By Region

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & Africa

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By Type

  • Ortho-xylene
  • Meta xylene
  • Para xylene

By Application

  • Phthalic Anhydride
  • Bactericides
  • Herbicides
  • Lube Oil Additives

By End Use

  • Automotive
  • Building & Construction
  • Paints & Coatings
  • Aerospace & Defence
  • Electrical & Electronics
  • Agrochemical
  • Oil & Gas
  • Chemical

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Ortho-Xylene Market: Competitive Evaluation

The FMI’s Ortho-Xylene market report provides a comprehensive analysis on key players operating in the Ortho-Xylene market. Some of the key players are:

  • Creasyn Finechem (Tianjin) Co., Ltd.
  • Doe & Ingalls of North Carolina Inc.
  • Dyna Chem Inc.
  • Minda Petrochemicals Ltd.
  • Shell Chemicals
  • Sonoco Chemicals
  • S. Petrochemical Industries Ltd.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Ortho-Xylene market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Ortho-Xylene market

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Cetanol Market | Current Scenario Trends, Comprehensive Analysis & Regional Forecast to 2032

Cetanol is considered as a long chain compound falls under the category of organic alcohol. Also, cetanol is also called by various other chemical names such as 1-Hexadecanol, cetyl alcohol, Hexadecan-1-ol, palmityl alcohol or N-Hexadecyl alcohol.

Under room temperature. There are different techniques adopted by the manufacturers to synthesize and produce cetanol and one of the cutting edge production method depends on the reduction reaction of palmitic acid, which is produced from palm oil.

Cetanol is considered as one of the key components for Cetearyl Alcohol which is another chemical ingredient, whose applications are broadly utilized in numerous industries. In the modern scenario, numerous manufacturers are adopting another new technique for making cetanol that comprises of saponification of spermaceti in ethylene glycol in a vessel made of stainless steel & furnished with mechanical agitation.

In the commercial market-place, cetanol are available in two forms i.e. clear liquid and waxy solid out of which the later one finds significant demand from the end user industry.

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Cetanol Market: Dynamics

Cetanol plays a vital ingredient in the formulation of cosmetics. Cetanol fills in as a thickener, emulsifier emollient, and carrying agents for different ingredients present in cosmetic formulations and solutions. Also, Cetanol is considered as a surfactant used in shampoos, as a thickening agent for the formulation of healthy skin creams and lotions. Cetanol additionally utilized as a thickening agent in the formulation of cleansers and soaps.

Cetanol enables emollient properties during the formulation of healthy skin care items because of its retention and adsorption in the epidermis layer where it lubricates and provides the softening of the skin. Besides, the overall revenue for the cosmetic industry in the global level is in the path of rise creating significant sales and volume consumption potential for cetanol.

Anti-aging creams and healthy skin care items are in intense interest among the maturing population in the developed nations creating demand-space for cetanol. The millennial group and population are presently much considerate on different cosmetic items around the globe.

Thus the developing worldwide utilization rate for cosmetic products can help in driving the interest for Cetanol market. However, attaining certification from different regulatory delaying the commercial cycle of the cosmetic product and increases the production cost, thus dents the growth of the cetanol market.

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Cetanol Market: Regional Trends

North America and Europe collectively dominate the Cetanol market in terms of consumption. These two regions collectively hold more than half of the cetanol market value share. Most of the population in the developed country is getting economically richer because of the steady economic growth.

This has increased the purchasing ability and the ability to spend more on specialty products (specialty cosmetics and personal care products being some of them) as compared to the earlier times when such products were considered unaffordable by most of the middle class and poor class population thus creating substantial demand potential for cetanol.

Asia-pacific countries such as China, India, and ASEAN to name a few are considered as one of the fastest growing countries across the world. Significantly large young population base in the region is creating ample growth opportunities for cetanol market players.

Also, the cetanol market is highly influenced by the introduction of new and innovative personal care products that are being launched in the market periodically. In MEA, Cosmetic products are bound to Halal & Kosher certification, cetanol suppliers in the region are looking forward to gaining the same to increase their product penetration.

Cetanol Market: Market Participants

Examples of some of the market participants in the global Cetanol market identified across the value chain include:

  • Surfachem Group Ltd
  • Pure Spa Aromatherapy
  • Acme-Hardesty Company
  • Agricole Bio-Technology Pte Ltd
  • Suriachem Sdn Bhd
  • Stoney Hill Farm
  • Timur Network Malaysia Sdn.Bhd
  • Acme-Hardesty Company
  • Naturallythinking
  • Lansdowne Chemicals Plc.

The Cetanol Market 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 Cetanol market segments and geographies.

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

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Asia Pacific Bentonite Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032

The Asia Pacific bentonite market is right now esteemed at around US$ 65,706.9 Mn and is expected to extend at a CAGR of 5.9% to arrive at US$ 116,799.7 Mn by 2032. Developing interest for bentonite is supposed to be driven by areas like individual consideration, drug, and agrochemical.

The Asia Pacific Bentonite Market is estimated to expand at 5.9% CAGR over the forecast period. Increasing demand from the personal care and cosmetics sector is expected to augment the growth in the market over the assessment period.

Bentonite’s excellent features such as water absorption capacity, detoxification, and acne treatment make it ideal for use in various personal care and cosmetics products. Bentonite clay is used in sunscreen, hair cleansers, and softeners. It is also used as a thickener, absorbent, filler, texturizer, and binder in various skin and hair care products and color cosmetics.

Moreover, growing trend of using organic products is compelling personal care product manufacturers to shift towards eco-friendly and chemical-free products that are equally effective. Bentonite is a natural absorbent and does not have any severe side effects on health. Owing to the eco-friendly nature of bentonite, its increasing application in the personal care industry is anticipated to propel the growth of the Bentonite market in recent years.

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 “Increasing demand for organic personal care and cosmetic products across the globe, along with increasing investments in the pharmaceutical sector across India and China will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

  • The Asia Pacific bentonite market is expected to attain a value of over US$ 116,799.7 Th by the end of the forecast period growing at a CAGR of 5.9% over the forecast period.
  • Rising demand for bentonite for usage in sunscreen, hair cleanser, and softener in personal care sector is expected to propel the growth in the market in recent years.
  • Bentonite is used in the pharmaceutical industry owing to its absorption property, high Alkalinity, and Antibacterial properties.
  • China is the second-largest pharmaceutical market in the world owing to this reason China is predicted to be the leading country in terms of Bentonite consumption.

Competitive Landscape

Ashapura Group, Kunimine Industries Co. Ltd, Wyo-Ben Inc, Manek Mineral Group, Arumpo Bentonite Pty Ltd, Organic Industries Pvt. Ltd, Swell Well Minechem Pvt. Ltd., Dae Minerals Co., Ltd, Nova Gas Technologies Inc., Boc Gases Ireland Inc., and various others are some of the key manufacturers of bentonite.

More Insights into the Asia Pacific Bentonite Market Report

In its latest report, FMI offers an unbiased analysis of the Asia Pacific Bentonite Market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032.

To understand the Asia Pacific market potential, its growth, and scope, the market is segmented based on Product Type (sodium, calcium, aluminum & others), Application (absorbent, thickener, oral care, carrier/formulator, anti-inflammatory agent, WP, WDG & SC and other), End-Use (pharmaceuticals, crop protection, animal care, personal care, and ceramics) and Country.

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Asia Pacific Bentonite Market by Category

By Product Type:

  • Aluminum
  • Calcium
  • Sodium
  • Other

By Application:

  • Absorbent
  • Anti-inflammatory agent
  • Carrier/Formulator
  • Oral Care
  • Thickener
  • Others

By End Use:

  • Animal Care
  • Ceramics
  • Crop Protection
  • Personal Care
  • Pharmaceutical

What are the Opportunities for Bentonite Manufacturers in Asia Pacific?

The combination of bentonite and cyclodextrin has the potential to promote a variety of chemical reactions in aqueous solutions under ultra-sonication, including the synthesis of xanthan, knoevenagel condensation, and octa hydro quinazolinones. It can also function as a catalyst in esterification reactions.

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In the chemical industry, a catalyst is extremely important. The chemical sector is expanding due to the strong demand for specialty and commodity chemicals, which will provide opportunities for growth in the bentonite market.

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

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Polyamide Resins Market Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast to 2022-2032.

Polyamide resins are a type of micro-molecular polycondesed compound, which prepared by the vegetable oil at the presence of unsaturated fatty acid dimer and polyamine. Polyamide resins have active groups, hydroxyl groups, and amide.

Primarily, it acts as curing agent and plasticizer for epoxy resine due to having a wide range of properties such as – flexibility, water resistance, wear resistance, corrosion resistance, better insulation and adhesion properties, etc. The polyamide resins are available in pellets as well as liquid form.

On the basis of its functional group, polyamide resins have two types which are – dimer acid–based (DAB) polyamide resins and polyamide-epichlorohydrin resins. Polyamide resins have a wide range of application across numerous end-use industries such as automotive, chemical, fiber, textile, electronics and electrical, inks, and among others

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Global Polyamide Resins Market: Market Dynamic

The versatility of the flexographic printing market is a key factor which fuels the growth of the global polyamide resins market. In spite of e-books and internet having increased tremendously from last decade, the demand for magazines, newspapers, books, is also growing on a sound rate.

The demand from paper print sector will in turn fuel the global polyamide resins market growth. Additionally, polyamide resins demand is also expected to be augment form its use as a paper based packaging material whose end usage has rapidly grown in the recent times.

Polyamide resins have superior properties such as it provides the high clarity to the printing. Owing to this, polyamide resins mostly preferable in the flexographic printing inks.  Other advantages associated with polyamide resins are – it enhances gel recovery, has effective anti-blocking properties, water resistance properties, ester resistance properties, etc. All aforementioned advantages further drive the global polyamide resins market over the forecast period i.e. 2019-2029.

However, the stringent environmental regulations on polyamide resins will hamper the global polyamide resins market growth. For instance, polyamide resins listed under the various regulations such as – Toxic Substances Control Act (USA), Domestic Substances List (Canada), The Philippine Inventory of Chemicals and Chemical Substances (Philippine), Australian Inventory of Chemical Substances (Australia), Existing and New Chemical Substances (Japan), and China’s chemical inventory of existing chemical substances, etc.

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Global Polyamide Resins Market: Regional Outlook

Geographically, Europe is anticipated to be a significant platform for polyamide resins manufactures as it accounts around 60% market in term of label manufacturing which consumes ink in a huge volume. Further, Asia Pacific is expected to witness the maximum growth in term of polyamide resins primarily due to the growth in the automotive and chemical industry in the developing economies such as India and China.

The demand for polyamide resins expected to upsurge in developing economies due to increasing disposable incomes, changing lifestyle which has increased the usage of packed food in these countries, growing retail industry, etc. Furthermore, North America and Middle East & Africa expected to grow at a moderate growth rate towards the end of the forecast period

Global Polyamide Resins Market: Industry Participants

The global polyamide resins market is a highly fragmented market owing to the presence of small as well as international market players at the regional level. Few of them are identified across the value chain of polyamide resins market which is – Solvay SA, Toyobo Co., Ltd., Mitsubishi Chemical holdings, The Ensinger Group, Merck KGaA, RI Chemical Corporation, Gabriel, MPD Industries Pvt. Limited, Arizona Chemical, The Dow Chemical Company, AnqingHongyu Chemical Co., Ltd, Jinan Tongfa Resin Co., Ltd., RITEKS, Cytech Coatings Private Limited, Thomas Swan & Co. Ltd., and among others

The global polyamide resins research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global Polyamide resins market also contains projections using a suitable set of assumptions and methodologies.

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

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Global Polyamide Resins Market: Segmentation

The global polyamide resins market can be segmented on the basis of product type, product form, end-use industry, and regions. On the basis of product type, global polyamide resins market can be segmented as mentioned below:

  • Dimer Acid–Based (DAB) Polyamide Resins
  • Polyamide-epichlorohydrin Resins

On the basis of product forms, global polyamide resins market can be segmented as mentioned below:

  • Pellets
  • Liquids

On the basis of end-use industry, global polyamide resins market can be segmented as mentioned below:

  • Inks, Paints & coating
  • Automotive
  • Chemical
  • Fiber and Textile
  • Electrical & Electronics
  • Others

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Nucleotide Market Key Players, End User, Demand and Consumption by 2031

Newly released data from nucleotides market analysis shows that global demand of overall nucleotides market enjoyed year-on-year growth of 5.8% in 2021 to total US$ 559.9 Mn and it is expected to grow with a CAGR of 6.1% over the forecasted period.

The market will considerably gain from the increasing scope of application in food and beverages industry and pharmaceuticals sector. The rising awareness among consumers about the adverse health impacts of savoury ingredients is tipping scales in favour of nucleotide-based flavour enhancers. In the coming years, therefore, the market will report strong growth, driven by the increasing applications across diverse sectors.

It includes in-depth insights into the nucleotide market. Some of these are:

  • The estimated value of the market was at US$ 501.1 Mn in 2021. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America has emerged as a key market for nucleotide.
  • In addition to this, Europe is expected to remain steady as key markets for nucleotide.
  • Among key technologies used in the market, TaqMan allelic discrimination is identified as the most sought-after technology.
  • Key players are likely to focus on product innovations to stay relevant in developed markets.

“The increasing scope of application of nucleotide, especially in nutraceutical products will aid the market’s expansion. As a result of high demand for nutritive food products, developed regions will emerge as key market places in the nucleotide market,” said a lead analyst at FMI.

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Rising Use of Nucleotide to Offer Better Nutrition in Food will Boost Growth

The use of nucleotide in various food products to offer better nutrition has considerably increased in the last few years. Nucleotide often helps in conditions such as stress or poor diet by optimizing immune system functions. The rising awareness about the benefits of the product will result in higher adoption across the world. According to studies, the persistently rising demand for food fortification creates growth opportunities for the market.

The steadily surging prevalence of nutrient deficiency and malnutrition around the world are two leading causes fuelling the demand for nucleotide. To cater to the rising demand, manufacturers are therefore coming up with nucleotide premixes that ensure better health benefits. These strategies adopted by the market players are bolstering growth opportunities for the market.

Who is Winning?

Some of the leading players operating in the nucleotide market are CJ CheilJedang Corporation, Star Lake Bioscience Co., Inc, ThermoFisher Scientific Inc., F. Hoffmann-La Roche Ltd, Promega Corporation, Agilent Technologies Inc., NuEra Nutrition, Meihua Group, Biorigin, DSM Nutritional Products Ltd., Affymetrix Inc., Lallemand Inc., Nanjing BioTogether Co., Ltd., and Ohly GmbH.mention the leading companies).

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As a result of increasing competition, nucleotide manufacturers are focusing on innovation and product development. Several new players are focusing on product launches in food and dietary supplements segments.

Get Valuable Insights into Nucleotide Market

By Technology:

  • TaqMan allelic discrimination
  • SNP by pyrosequencing
  • Gene chips & microarrays
  • Others

By Application:

  • Food & beverage additive
  • Animal feed additive
  • Pharmaceuticals
  • Diagnostics research
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Titanium Tetrachloride (TiCl4) Market | Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2032

Titanium tetrachloride, Mol. Formula. TiCl4, is an inorganic chemical compound that belongs to the Titanium Halide group. Generally, pure titanium tetrachloride is a colorless, transparent, dense, and non-conductive liquid in nature.

Industrially, titanium tetrachloride is produced through several methods such as chloride process, Magnesium Thermal Reduction, and sodium reduction, among others. Among these processes, the Chloride process is mainly preferred owing to the low cost of production and high yield of the process. In this process, the titanium oxide ores i.e. ilmenite is reduced with the Carbon and Chlorine gas.

The formed product is further distilled out to produce pure Titanium Tetrachloride which is soluble in water as well as inorganic solvents. Generally, Titanium tetrachloride is a major raw material involved in the production of the titanium metal, titanium sponge, titanium dioxide and titanium chloride, among others.

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Among these derivatives, Titanium tetrachloride is prevalently consumed for the titanium metal production which is extensively used in the aerospace industry. Along with this, Titanium tetrachloride is used as a catalyst in the manufacturing of ethylene polymerization. Moreover, Titanium tetrachloride finds application in the aerospace, defense, and dyes, among other industry.

Titanium Tetrachloride Market: Regional Dynamics

Across the globe, there has been significant growth in the production of the aerospace fleet owing to which demand for the titanium metal is increasing that in turn help to drive Titanium tetrachloride market. Along with this, increasing demand from the dyes industry will further boost the Titanium tetrachloride market.

Moreover, rising demand for titanium dioxide and titanium chloride in the chemical industry will, in turn, provide the impetus for the growth of Titanium Tetrachloride Market. However, the stringent regulation on hazardous chemicals in the developed region may hamper the growth of the market.

Also, the rising demand for bio-based chemicals in the manufacturing sector to support sustainable development will hinder the market growth. Moreover, it is observed that several key players are emphasizing on the expansion of the production capacity in order to cater the rising demand for Titanium Tetrachloride and also, to enhance their presence in the global market.

Titanium Tetrachloride Market: Regional Outlook

In terms of demand, North America and Europe, together, are expected to hold a significant share of the Titanium Tetrachloride Market. This is mainly attributed to growth in an aerospace fleet and chemical industry in these countries.

Moreover, stringent government regulation in Europe and North America may hamper the growth of the market in the upcoming years. The demand for Titanium Tetrachloride in North America and Europe is expected to register steady growth over the forecast period.

Moreover, the East Asia market is expected to register healthy growth over the forecast period. Significant growth of chemical, dyes and aerospace industry in China and South Korea is expected to drive demand for Titanium Tetrachloride Market in the region.

Along with this, in terms of production, China is expected to hold lion’s share of the market owing to the abundant availability of the raw materials and low cost of production. It is expected that China Titanium Tetrachloride Market will register healthy CAGR over the forecast period. Moreover, Latin America and the Middle East and Africa region are expected to register sluggish growth over the forecast period.

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Titanium Tetrachloride Market: Key participants

Some of the key players identified across the value chain of the global titanium tetrachloride market are given below:

  • Huntsman International LLC
  • DowDuPont Inc.
  • Kronos Lab Sciences Pvt. Ltd.
  • Tronox Limited
  • ISK Industries
  • CRISTAL
  • The Kerala Minerals & Metal Ltd.
  • Merck KgA

KEY SEGMENTS

By Production Process:

  • Chlorination
  • Magnesium Thermal Reduction
  • Sodium Thermal Reduction
  • Aluminum Reduction

By Derivatives:

  • Titanium Nitride
  • Titanium Dioxide
  • Titanium Metal
  • Smoke Screens
  • Others

By End Use:

  • Aerospace
  • Defense
  • Dyes
  • Others

The Titanium Tetrachloride Market 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 Titanium Tetrachloride market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Titanium Tetrachloride market segments and geographies.

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

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Cloud Database and DBaaS Market is Anticipated to Rise at a CAGR of 14% from 2022 to 2032 | FMI

The global cloud database and DBaaS market are expected to rise at a CAGR of 14% throughout the forecast period, growing from a valuation of US$ 16 Bn in 2022 to US$ 59.5 Bn by 2032. The increased demand for cloud database and DBaaS and self-driving cloud databases and the ability to process low-latency queries are driving the cloud database and DBaaS business.

The introduction of autonomous databases is a primary driver of the DBaaS and cloud database markets. This is due to its machine learning-based capability, which automates standard database activities, including database optimization, security, backups, and upgrades.

A rise in current workloads as a result of the ongoing COVID-19 epidemic is predicted to promote the cloud database and DBaaS market growth. DBaaS reduces DBA errors, which can have a disastrous impact on an application’s performance, uptime, and security, increasing demand.

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Through automation, data analytics has spread across many industries, supporting the expansion of the DBaaS and cloud database markets. This is due to the creation of autonomous data models that use AI and machine learning algorithms to automate provisioning, change management, upgrades, privacy, reliability, performance, and error prevention from start to finish. Cloud computing technology is in high demand because it lowers total infrastructure costs, which is projected to boost the cloud database and DBaaS market expansion throughout the forecast period.

One of the security concerns impeding the expansion of the DBaaS and cloud database markets is a data breach. Due to security flaws, data theft or breaches have financial consequences and have a detrimental influence on an organization’s brand.

As a result, security breaches expose a corporation to a variety of data privacy risks. For example, if a hacker acquires access to personal or private data kept in the cloud, such as a customer’s credit card number or e-mail address, financial losses are very likely.  As per the global cloud database and DBaaS market study, because most information is housed online, data theft becomes more critical, harming millions of customers or employees and stifling market progress.

Key Takeaways

  • One of the primary factors projected to drive the cloud database and DBaaS market growth is the growing need for self-driving cloud databases.
  • The solution component of the cloud database and DBaas market is expected to rise at a CAGR of 14.2% throughout the forecast period.
  • The structured query language segment is projected to rise at a CAGR of 13.6% throughout the forecast period.
  • North America is predicted to be the most advanced region in terms of cloud database and DBaaS adoption.

BFSI, consumer goods and retail, healthcare, and life sciences, telecom and IT, government, media and entertainment, manufacturing, and energy and utilities are just a few of the main industries that have embraced cloud database and DBaaS solutions and services.

Competitive Landscape

IBM Corporation, Microsoft Corporation, Alibaba Group Holding Limited, EnterpriseDB Corporation, Oracle Corporation, MongoDB Inc., SAP SE, Redis Labs Ltd., Rackspace Inc., Tencent Holdings Ltd., DataStax Inc., CenturyLink Inc., Amazon Web Services Inc., Teradata Corporation, and Neo4j Inc. are some of the major players in the global cloud database and DBaaS market.

To extend their customer base and achieve a greater market share, players in the cloud database and DBaaS market are focusing on adding new features to their products which is positively impacting the cloud database and DBaaS market adoption trends.

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Key Segments

By Database Type:

  • Structured Query Language (SQL)
  • Not only Structured Query Language (NoSQL)

By Component:

  • Solution
  • Services

Cloud Database and DBaaS Market By Service:

  • Professional Services
  • Consulting
  • Implementation
  • Support and Maintenance
  • Managed Services

By Deployment Model:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Organization Size:

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

By Vertical:

  • Banking, Financial Services and Insurance (BFSI)
  • Telecom and Information Technology (IT)
  • Government
  • Consumer Goods and Retail
  • Manufacturing
  • Energy and Utilities
  • Media and Entertainment
  • Healthcare and Life Sciences
  • Others (Education, Travel and Hospitality, and Transportation)

By Region:

  • North America
  • Europe
  • APAC
  • Middle East and Africa (MEA)
  • Latin America

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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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Commercial Satellite Imaging Market Expected to rise at a 7.9% CAGR During the Forecast Period 2022 – 2032

During the projection period, the market for commercial satellite imaging is anticipated to grow at a 7.9% CAGR and generate US$ 12.4 billion. In the near future, market expansion is probably going to be fueled by the increasing backing from various governments. In 2021 and 2022, respectively, the trade is predicted to bring in US$ 5.2 billion and US$ 5.8 billion.

The increasing significance of satellite imaging has encouraged the government of various countries to make investments in the sector, which is likely to benefit the market. For instance, the Australian government invested USD 260 Mn for the development of satellite technology and the creation of job opportunities.

Similarly, BlackSky, an eminent geospatial intelligence player announced that it secured US$ 50 Million loan from the Intelsat satellite powerhouse, to drive its nascent earth observation.

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The military and defense segment is likely to offer remunerative opportunities for the global commercial satellite imaging market. Several emerging economies are making significant developments in their defense and military budgets, thereby, providing lucrative opportunities to players in the market. For instance, as per SIPRI, in 2019, the military expenditure of the U.S was US$ 717 Billion.

Commercial Satellite Imaging Market Key Takeaways: 

  1. By end-use, the government segment is expected to record an 8.1% CAGR by 2032
  2. By application, the defense and intelligence segment to expand at a 7.9% growth rate during the forecast period
  3. The U.S market to garner US$ 3 Billion and record a 7.2% CAGR from 2022-2032
  4. Market in China to procure US$ 1.2 Billion, expanding at a 9.2% growth rate during the assessment period

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Commercial Satellite Imaging Market Competitive Landscape 

Key players in the global commercial satellite imaging market include Planet Labs, Inc., DigitalGlobe, Inc., Exelis, Inc., Trimble Navigation Limited, and Telespazio, among others.

Recent developments among key players are: 

In July 2019, DigitalGlobe launched OpenStreetMap imagery endpoints. It will allow the users of OpenStreetMap to observe uniformity in content between the previous and new layers. The imagery is expected to be more often updated by using the latest Maxar mosaic content. The augmented production processes are projected to benefit OSM contributors.

In February 2020, the Air Force Life Cycle Management Centre announced a strategic partnership with L3Harris Technologies to develop a software platform. The software is expected to make it convenient for analysts to use AI to locate objects in large data sets, thereby, addressing urgent defense requirements for automation to observe and analyze large geospatial data sets.

Key Segments Covered In The Commercial Satellite Imaging Industry Survey

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Commercial Satellite Imaging by End Use:

  • Commercial Satellite Imaging for Governments
  • Commercial Satellite Imaging for Commercial Enterprises
  • Commercial Satellite Imaging for Civil Engineering
  • Commercial Satellite Imaging for Military
  • Commercial Satellite Imaging for Forests
  • Commercial Satellite Imaging for Insurance

Commercial Satellite Imaging by Application:

  • Commercial Satellite Imaging in Energy Generation
  • Commercial Satellite Imaging in Geospatial Technology
  • Commercial Satellite Imaging in Natural Resources Management
  • Commercial Satellite Imaging in Construction and Development
  • Commercial Satellite Imaging in Media and Entertainment

Commercial Satellite Imaging by Geography:

  • North America Commercial Satellite Imaging Market
  • Europe Commercial Satellite Imaging Market
  • Asia-Pacific Commercial Satellite Imaging Market
  • Middle East & Africa Commercial Satellite Imaging Market
  • Latin America Commercial Satellite Imaging Market

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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Processed Beef Market Size, Industry Trends, Business Opportunities, Strategies, Key Players Analysis and Forecast 2031

According to Future Market Insights (FMI), high demand for convenience food will push sales in the processed beef market by 7.6% CAGR between 2021 and 2031. Despite being at a nascent stage, competition is soaring in the market. As a result, companies are increasingly focusing on product innovation and ascertaining health claims in their food items to gain competitive edge.

global processed beef market recorded year-on-year (YoY) growth of 8.9% and is accounted for US$ 112.11 Bn in 2021 to reach the value of US$ 232.37 Bn in 2031.

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In the global food and beverage industry, innovation and new product creation are based on strong natural, health, and sustainability credentials. Products manufactured with healthier components and labelled with assurances of little processing or demonstrable health advantages from natural ingredients appeal to consumers, particularly in developed economies with higher income and an ageing population. In reaction to this trend, of start-ups and established companies alike within the processed beef market are focusing on innovations.

Furthermore, the health halo surrounding plant-based components and goods, as well as consumer demand for natural and plant-based products might have a negative influence on the processed beef sales. While people are becoming more informed and savvy about their food choices, they are increasingly opting for chemical-free meals such as organic processed beef. As a result, customer preference for natural and organic processed beef is on the rise.

Key Takeaways from the Processed Beef Market Study:

  • North America processed beef market leads the global market, accounting for 31.9% of overall processed beef sales in 2021.
  • Chilled processed beef will remain in high demand. It accounted for a share of 79.2% in the global market in 2021.
  • Based on nature, demand for organic processed beef will grow at a CAGR of 9.2% during the forecast period (2021-2031).
  • In terms of buyer type, household and residential segment accounted for 57.5% of the market share in 2021.
  • Among sales channel, sales via supermarket/hypermarket is anticipated to grow at a CAGR of 6.3% during the forecast period.

“The top competitors in the processed beef market are introducing novel technologies to facilitate the production of processed beef with enhanced shelf life, texture, and flavor. Besides this, some are expanding their footprint in emerging nations to gain competitive edge,” said a lead FMI analyst.

Convenience Offered by Processed Beef is the Key Factor Driving Sales

The increasing income of consumers has fueled demand for processed beef products. Furthermore, consumers choose convenient foods that do not require additional time for cooking or preparation due to the hectic nature of city living. The increasing popularity of ready-to-eat meat is also a major driver of the global processed beef market.

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Who is winning?

Some of the leading companies offering processed beef are JBS SA, Hormel food, Harim Co Ltd, Tyson Foods Inc., Danish Crown A/S, Cargill Meat Solution Corp., WH Group, BRF SA, Smithfield Foods, Inc., SYSCO Corp and others.

In order to gain competitive edge, manufacturers are focusing on making processed beef healthier. Besides this, they are focusing on acquiring international certification to woo consumers from around the world.

Get Valuable Insights into Processed beef Market 

By Form

  • Chilled
  • Frozen
  • Shelf Stable

By Nature

  • Organic
  • Conventional

By Buyer Type

  • Food Processor & Manufacturers
  • HoReCa Sector
  • Household and Residential Buyers

Sales Channel

  • Traditional Grocery Stores
  • Supermarket/Hypermarket
  • Internet Retailing
  • Convenience Store
  • Discounters
  • Other Sales Channel

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • Middle East & Africa
  • Japan

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Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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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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Cloud Computing Market is Expected to Grow at a Robust CAGR of 13.7% from 2022 to 2032 | FMI

The Cloud Computing Market is projected to grow at a robust CAGR of 13.7% and is predicted to reach from US$ 517.9 Billion in 2022 to US$ 1.9 Trillion in 2032.

While Asia Pacific’s technology expenditure has surged, a setback owing to the recent COVID-19 pandemic is on the horizon. Cloud technology usage is likely to expand in areas where the WFH effort is assisting in the maintenance of corporate business processes. The emergence of developing technologies such as Artificial Intelligence (AI) and machine learning facilitates cloud expansion by allowing businesses to tap into AI capabilities.

The COVID-19 pandemic has emerged as a major threat to the global economy. Cloud computing may help businesses overcome the business continuity difficulties posed by lockdown, work from home, social distance, and other cloud computing market demands.

However, as a result of the pandemic, firms, managers, and workers are increasingly opting for remote working. Remote working has emerged as the current trend and is predicted to remain in the long run.

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Cloud computing is used in many applications via the Infrastructure as a Service, Platform as a Service, and Software as a Service model; the high initial and ongoing costs remain a barrier to the cloud computing business.

Cloud computing compels enterprises to deal with the same network security models and physical security constraints for more remote servers, where security footprints and traffic patterns are visible to everyone, compromising database security and posing a problem.

Key Takeaways:

  • The solutions from the cloud computing market are expected to grow at the fastest CAGR of 15.1% in the component sector.
  • Public cloud is expected to grow at a high rate in the deployment type sector of the cloud computing market, with a CAGR of 15.0%.
  • The market size for cloud computing in the United States is expected to reach US$ 6 Billion by 2032, growing at a CAGR of 15.0% during the research period.
  • United Kingdom is expected to reach a market size of US$ 693.9 Million in cloud computing by 2032, with a CAGR of 13.9% during the research period.
  • China’s cloud computing market is expected to be worth US$ 1.2 Billion by 2032, with a CAGR of 14.5% over the forecast period.
  • Japan is expected to have a market size for cloud computing of US$ 1 Billion by 2032, with a CAGR of 13.4% during the research period.
  • By 2032, South Korea is expected to reach a market size of US$ 606.7 Million in cloud computing, with a CAGR of 13.0% during the research period.

Significantly, as organizations attempt to improve their digital activities, public cloud services have acquired significant popularity in the Asia Pacific. With the need to attain better company agility and customer satisfaction, cloud computing has become the foundation of how many firms function today.

As the benefits such as on-demand availability and cheap cost, start-ups, and SMEs are increasingly turning to cloud services. Additionally, they free up workers’ time to focus on other mission-critical duties. These incentives are encouraging businesses to rapidly embrace cloud computing services.

List of Key Players Covered in Cloud Computing Market are:

  • AWS
  • Microsoft
  • IBM
  • Salesforce
  • Google
  • Oracle
  • SAP
  • Alibaba Cloud
  • Adobe
  • Workday

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To expand their cloud computing market offers, asset performance management vendors have employed a variety of organic and inorganic development tactics, such as new product releases in the cloud computing market, product upgrades, partnerships and agreements, business expansions, and mergers and acquisitions. AWS, Microsoft, IBM, Salesforce, Google, and others dominate the cloud computing sector.

The current competitive environment and global economic conditions have hastened the adoption of cost-effective ways to reorganize company models. The rising movement of organizations toward digital transformation and the acceleration of customer experience are a few more factors driving the use of cloud computing services, eventually lowering corporate costs.

Furthermore, the cloud has the benefit of a pay-as-you-go approach, which allows organizations to pay for cloud services based on their utilization, resulting in lower costs.

Key Segments

By Service Model:

  • Infrastructure as a Service (IaaS)
  • Platform as a Service (PaaS)
  • Software as a Service (SaaS)

By Deployment Model:

  • Public Model
  • Private Cloud

By Organization Size:

  • Small and Medium-Sized Enterprises
  • Large Enterprises

By Vertical:

  • BFSI
  • Telecommunications
  • IT and ITeS
  • Government and Public Sector
  • Retail and Consumer Goods
  • Manufacturing
  • Energy and Utilities
  • Media and Entertainment

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By Region:

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

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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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