Market Research Blog

Growing need for additives to extend the shelf-life of baked products is driving the growth of the ammonium sulphate market

As per a study by FMI, the global ammonium sulphate market is exhibiting steady growth and is expected to reach a valuation of US$ 5.9 billion by the end of 2031. The market for ammonium sulphate is likely to grow at a CAGR of 4.1% through the forecast period 2021 to 2031.

As per a study by World Health Organization (WHO), over 1.5 million people died from diabetes in the year 2019. As ammonium sulphate plays a major role in protein purification for the production of insulin, the growing incidence of diabetes and increasing need for insulin will bolster the demand in the ammonium sulphate market.

According to the U.S. Food and Drug Administration (FDA) federal regulation codes, ammonium sulphate is proven safe to be used as an acidity regulator in flours and bread, thus, bolstering confectionery and bakery industries. This is expected to intensify the demand for ammonium sulphate.

Asia Pacific is dominating the global market and held dominant share of 29.03% in 2020. Increasing agricultural production, rise in confectionary food consumption and increasing dependency on nitrogen-based fertilizers are the key factors driving the growth in the region.

“Global leaders in the ammonium sulphate market are increasingly investing in new technology for increasing production rate to cater to the rising demand for surface disinfectants amidst coronavirus outbreak,” says the FMI analyst.

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Key Takeaways

– The U.S. is leading the global market due to the rising demand for high utility of ammonium sulphate from the bakery & confectionery industry and increasing farming activities.

– Increasing demand for wood preservatives and better water treatment is spurring the growth of ammonium sulphate market in the U.K.
In Germany, the rising need for developing novel nitrogenous fertilizers to improve the fertility of the soil is bolstering the market growth in the country.

– China is leading the market in Asia Pacific, owing to the high demand for fertilizers due to the presence of the largest arable land in the world, 118.9 thousand hectares.

– Caprolactam-based production is dominating the segment on the back to increasing adoption for manufacturing nitrogenous and compound fertilizers.

Key Drivers

– Rising demand for nitrogen-rich fertilizers will fuel the demand for ammonium sulphate.

– Increasing demand for wood preservatives will escalate the market growth.

– Booming confectionery and bakery industry will create sales opportunities for ammonium sulphate.

– Growing need for better disinfection and water treatment will drive the market growth.

Key Restraints

– High toxicity of ammonium sulphate is a factor restraining the market growth.

– Risk of polluting the soil due to excessive use of ammonium sulphate hinders the growth of the market.

– Increasing environmental awareness and the non-eco-friendly nature of ammonium sulphate might affect the market growth negatively.

Competitive Landscape

Key players are focusing on expanding their manufacturing facilities to cater to the increasing demand for ammonium sulfate in various applications and forming long-term partnerships with end-users to strengthen their supply chain channels. For instance,

Evonik Industries AG, launched its new products lines named, “INFINAM TI 3100 L” and “INFINAM ST 6100 L”, to deal with 3D printing using photopolymers in April 2021,

In March 2021, Ube Industries announced that they have agreed to jointly build fueling stations and start the supply of ammonia marine fuel in Japan under a consortium of companies named Ube Industries, and Uyeno Transtech Co., Ltd.

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Leading players profiled by FMI operating in ammonium sulfate market include:

Koninklijke DSM N.V. (Fibrant)
JSC KuibyshevAzot
UBE Industries, Ltd.
Toray Industries Inc.
China Petrochemical Development Corporation
China Petroleum & Chemical Corporation (Sinopec Corp.)
JSC “Grodno Azot”
Grupa Azoty
Domo Chemicals
Gujarat State Fertilizers & Chemicals Ltd.

Ammonium Sulphate Market Segments

By Production Process

• Caprolactam
• Coke Oven Gas
• Gypsum
• Neutralization & Others

More Insights on FMI’s Ammonium Sulphate Market

The latest market study on global ammonium sulphate market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of

Table of Content

1. Executive Summary

2. Research Methodology, Assumptions, and Acronyms Used

3. Ammonium Sulphate- Industry Analysis

4. Ammonium Sulphate – Global Market Analysis

To be continued…!

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About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/western-european-buyers-eying-asian-suppliers-for-uninterrupted-ammonium-sulphate-supply-market
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The waterproof socks market is estimated at USD 28.0 million in 2022 and is projected to reach USD 33.9 million by 2027, at a CAGR of 3.3% from 2013 to 2021.

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global Waterproof Socks Market Global Industry Analysis, Forecast. Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets.

These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.The team of researchers at Future Market Insights are focussing on research and market study to produce different Waterproof Socks Market forecasts and predictions at both national and international levels.

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They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Waterproof Socks Market.

2013-2021 Global Waterproof Socks Market Outlook Compared to 2022-2027 Forecast

Waterproof socks have been gaining traction among target customers, especially among people involved in activities such as trekking, swimming, cycling, snow sports, etc. Waterproof socks are a new type of socks that have been designed to meet the requirements of customers engaged in the adventure and sports industries.

Furthermore, waterproof socks are also being considered as a hygienic consumer goods since they are anti-bacterial by property. There are various diseases that one suffers from, which are mostly caused by various harmful bacteria and viruses. As a result, most healthcare professionals urge people to wear waterproof socks. Waterproof socks tend to prevent bacteria from entering into the feet during outdoor or extra-curricular activities.

Competitive Landscape

Companies operating in ring light market are aiming for strategic collaborations and partnerships with other manufacturers to expand their product portfolio to address the demand of an expanding patient pool.

• In April, 2021, Pixco, announced its new product, the Pixco RL-4955 18” LED Ring Lights Built-in Live Sound Card. The product aimed towards YouTubers, vloggers, content creators and influencers to broadcast high quality professional content on any platform.
• Elgato launched a 17-inch ring light, with a range of warm and cool color options with brightness up to 25,000 lumens.
• Neewer revealed its new 18-inch ring light kit including a 18-inch outer 5500K LED ring light, a series of color filters, a 61-inch light stand, a smartphone holder, a ball head hot shoe adapter for DSLR cameras, and a power adapter.

Key Players

Global Waterproof Socks Market key vendors include:

• Wigwam Corporation
• Camaro GmbH
• Randy Sun
• Bridgedale Outdoor Ltd.
• Okamoto Corporation
• Recreational Equipment, Inc

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Segmentation

The Waterproof Socks market is segmented into application, form, end use industry, source and geography.

On the basis of product type

• mid-calf length waterproof socks
• ankle-length socks
• knee-length socks

On the basis of application

• trekking
• water sports
• cycling
• snow sports
• outdoor
• other activities

On the basis of gender

• male
• female
• unisex

On the basis of sales channel

• wholesaler/distributor
• supermarket/hypermarket
• specialty store
• independent store, club store
• online store

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Regional Segments Analyzed Include

• 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, S. Africa, N. Africa)

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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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
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Future Market Insights (FMI) delivers key insights on the global non-halogenated flame retardants market in its latest report titled “Non-Halogenated Flame Retardants (NHFR) Market: Global Industry Analysis and Opportunity Assessment 2025”.

Growing use of plastics in the construction industry, driven by rising urbanisation is propelling demand for NHFR worldwide. NHFR are widely used in automotive plastics, which significantly increases its demand from the transportation and automobile industry across the globe.

NHFR are flame retardant compounds that do not contain any halogen. These are more environment friendly than their halogenated counterparts. These compounds find application in plastics, rubber, and textiles materials. Among these, they find largest application in plastics.

Rising concerns regarding the environmental impact of halogenated flame retardants is fuelling growth of the non-halogenated flame retardants market. Non-halogenated flame retardants can be recycled and also produce relatively low and non-toxic smoke as compared to its other counterparts.

Implementation of stringent environmental regulations across the globe is encouraging adoption of non-halogenated flame retardants, especially in the electrical & electronics industry, which is expected to be the fastest growing segment in the market over the forecast period.

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Non-halogenated Flame Retardants Market Segmentation

The global non-halogenated flame retardants market is segmented on the basis of product type, end-use industry, application and region.

On the basis of product type, the global NHFR market is segmented into metal hydroxide based, phosphorous based, nitrogen based and others product segments.

Among product types, the phosphorous based segment accounted for the largest value share in the global non-halogenated flame retardants market in 2014, followed by the metal oxide based and nitrogen-based segments respectively. The phosphorous-based segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 1,117.2 Mn between 2015 and 2025.

On the basis of end-use industry, the market is segmented into electrical and electronics, automotive, building and construction and others.

Building & construction industry accounted for the largest end-use industry segment in 2014, followed by electrical & electronics and automotive & transportation segments respectively. However, electrical & electronics is projected to emerge as the largest end-use industry segment by the end of the forecast period. The electrical & electronics segment is expected to create incremental $ opportunity of US$ 699.7 Mn between 2015 and 2025.

Application-wise, the NHFR market is segmented into polyolefin (PO), epoxy, unsaturated polyester (UPE), rubber, polyvinyl chloride (PVC), polyurethane (PU), styrenics, engineering thermoplastics (ETP) and others.

The report also offers in-depth information about the market across seven major regions, namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa and Japan.

In 2014, North America accounted for the largest market value share in the global NHFR market, followed by Western Europe and APEJ respectively. Developed regions namely, North America, Western Europe and Japan collectively accounted for approximately three-fourth value share of the overall market in 2014. APEJ is expected to emerge as the fastest growing market for non-halogenated flame retardants over the forecast period.

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Non-halogenated Flame Retardants Market: Leading Companies

The key players in the non-halogenated flame retardants market that have been covered in this study are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation and THOR Group Ltd. accounted for the largest market share in the global non-halogenated flame retardant market by the end of financial year 2014–2015.

Key Segment

By Product Type

• Metal Oxide (PO)
• Phosphorous
• Nitrogen
• Others

By Application

• Polyolefin (PO)
• Epoxy
• Unsaturated Polyester (UPE)
• Rubber
• Poly Vinyl Chloride (PVC)
• Poly urethane (PU)
• Styrenics
• Engineering Thermo Plastics (ETP)
• Others

By End-Use

• Electrical & Electronics Industry
• Construction Industry
• Automotive & Transportation
• Others

By Country

• Brazil
• Mexico
• Argentina
• Rest of Latin America

Table of Content

1. Executive Summary

2. Research Methodology, Assumptions & Acronyms Used

3. Global Non Halogenated Flame Retardants (NHFR) for Polymers Market Overview

4. Global Non Halogenated Flame Retardant Market Analysis, By Product Type

5. Global Non Halogenated Flame Retardant Market Analysis, By End Use Industry

6. Global Non Halogenated Flame Retardant Market Analysis, By Application

to be continued…!

About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/non-halogenated-flame-retardants-market
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The Waterproof Speaker Market is estimated at US$ 8.6 Bn in 2022 and is projected to reach US$ 12.2 Bn by 2027. As per newly released data by Future Market Insights (FMI), The waterproof speaker market has reflected a CAGR of 6.3% from 2013 to 2021. The share of the waterproof speaker market in its parent market (global speaker market) ranges between ~5%-15%.

In the global waterproof speaker market, companies across the globe are focusing on research & developing and the launching of new product variants, which is a key factor driving demand for waterproof speakers across the globe.

Companies operating in the market are constantly investing a significant amount on research and development activities to cater to the evolving needs of customers who are seeking authentic and specialised products. Waterproof speakers have standard features such as style, basic functionality and durability.

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Technological advancements in several audio devices has changed the manner in which people appreciate and play music. An increase in the demand for wireless-based audio devices, which include portable waterproof speakers with different connectivity options such as Bluetooth & Wi-Fi, sound-bars, headphones and microphones, has been witnessed in the audio industry.

Moreover, the demand for waterproof speakers and similar other devices from end users is gaining traction. This has expected to drive the North America market over the forecast period.

The manufacturers of waterproof speakers have also adopted some key differentiating strategies. For instance, brands operating in the market are targeting mass consumers. They are also offering waterproof speakers with advanced features at competitive prices. The manufacturers of waterproof speakers are also seeking product innovation due to an increase in the awareness of consumers with respect to different brands in the waterproof speaker marketplace, as well as to maintain a proper value chain to reach the proper target audience and to reduce the cost of the final product.

Manufacturers are focused on developing high-value waterproof speakers due to the rising consumer demand for better and more effective value-added products. Furthermore, the rising diversity of premium waterproof speakers on retail shelves is also expected to contribute to the increasing value share of the market in the near future.

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Features, such as long-range connectivity, robustness and the availability of products on e-commerce platforms, are expected to boost the market. The functionalities of multi-room sharing via small devices, i.e., the pairing of multiple portable waterproof speakers via a single device to make compact devices produce louder sounds, are increasing the demand for waterproof speakers in the market. The rising popularity of waterproof speakers among the millennial population is also a major driver of the waterproof speaker market.

The global market is segmented on the basis of regions, which include North America, Latin America, Asia Pacific Excluding Japan (APEJ), Europe, Middle East & Africa and Japan. Among all the regions, the North America and Asia Pacific excluding Japan regions are estimated to have a substantial value share. The North America region is expected to grow with the highest growth rate of 8.3% owing to the growing number of smart homes in the region. In terms of revenue, the value of the market was US$ 6,327.4 Mn in 2017.

Key Players in the Waterproof Speaker Market

Detailed profiles of companies are also included in the global waterproof speaker market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global waterproof speaker market study include Bose Corporation, HARMAN International, Apple Inc., Yamaha Corporation, Sony Corporation, Logitech International S.A., LG Electronics Inc., Samsung Electronics, Panasonic Corporation, Sound United LLC, Philips, LIXIL Group, Anker, Ematic, G-Project Gear, 808 Audio, ROCKVILLE, FosPower, AOMAIS and Altec Lancing.

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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
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Future Market Insights (FMI) recently published a revised market research report on the low density polyethylene (LDPE) that analyzes the low density polyethylene market and provides critical insights for the forecast period of 2022-2029. The global low density polyethylene market is likely to be valued at ~US$ 38,183.7 Mn in 2019 and is projected to increase at a CAGR of ~5% during the projected period of 2022-2029.

As per the key findings of the report, the low density polyethylene market is expected to witness considerable growth in the coming years due to the steady increase in the adoption of low density polyethylene in various automotive applications such as electrical components, upholstery, liquid reservoirs, etc.

Besides, stringent government regulations regarding reducing vehicular emissions are forcing manufacturers to shift towards lightweight plastics for various applications. With the automotive industry expanding at a high growth rate, more demand for low density polyethylene is expected in the future.

High Demand for LDPE from Construction and Retail Industries

High usage of low density polyethylene is seen in the construction industry. With new construction projects coming up everywhere, the market demand for basic household products is also expected to rise. Most of these products are made by processing low density polyethylene (LDPE) through injection and extrusion moulding, e.g., pipes, trays, general purpose containers, toys and various bathroom, and kitchen products. Moreover, in the retail industry, more focus is on the packaging of products.

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In 2014, total global retail sales were valued at ~US$ 20 Trn, which are expected to reach ~US$ 30.0 Trn – US$ 30.5 Trn by 2020 at a CAGR of ~ 6%. Low density polyethylene finds application in packaging and protective packaging of innumerable products sold in retail outlets. This, in turn, adds value to the global low density polyethylene market. Also, due to the rise in e-commerce, more people are buying products online. In 2014, the global e-commerce retail market was valued at ~US$ 1.5 Trn, which is expected to reach US$ 2.9-3.0 Trn by 2020.

In online business, safe delivery of commodities to customers is a critical concern for sellers. More attention is given on packaging of products bought through e-commerce or online sources, as compared to products sold through other channels. This factor is further driving the demand for low density polyethylene worldwide.

Low Density Polyethylene (LDPE) Market Key Segment

By Technology

Autoclave
Tubular

By Application

Film & Sheets
Extrusion Coating
Injection Moulding
Others

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa (MEA)

Manufacturers Focus on Improved Quality of LDPE Grade and Lowered Production Costs

The global low density polyethylene market is considered to be a significantly consolidated one.The report highlights some of the prominent market players, who have established themselves as leaders in the global low density polyethylene LDPE market. Such market participants are focusing on expansion of business through mergers, acquisitions, and joint ventures. A few examples of key players in theglobal low density polyethylene market are LyondellBasell Industries N.V, The Dow Chemical Company, ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Qatar Petrochemical Company Q.S.C, BASF-YPC Company Limited, LG Chem Ltd., DuPont de Nemours, Inc., Braskem S.A., and Formosa Plastics Corporation, among others.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1.5. Assumptions and Acronyms Used

1.6. Research Methodology

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition

3. Market Background

3.1. Macro-Economic Factors

3.2. Forecast Factors – Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

4. Global Low Density Polyethylene Market Demand Analysis 2014-2021 and Forecast, 2022-2029

5. Global Low Density Polyethylene Market Demand (in Value or Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029

To be continued…!

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About FMI

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/low-density-polyethylene-market
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The consumption of biostimulants is rapidly gaining pace across all agrarian countries around the world as a preferred crop growth enhancer that is free from any synthetic ingredients and objectionable side effects. The product has been provided on a high commercial scale by tier-1 global scale market players as well as regional and domestic enterprises. The growth of organic-based farm products has also envisaged the use of biostimulants to a healthy extent. The global biostimulants market was valued at US$ 2.3 Bn in 2019, and is projected to exhibit a CAGR of 11% over the forecast period (2022-2029).

Biostimulants Market Value (2021A)	US$ 2,773.8 Mn
Biostimulants Market Estimation (2022E)	US$ 3,078.9 Mn
Biostimulants Market Forecast (2029F)	US$ 6,383.6 Mn
Value CAGR (2022-2029)	11.0%
Collective Value Share: Top 3 Countries (2022E)	36.0%

Acid-based active ingredients enhance crop efficiency, and are widely available. By 2029, the usage of acid-based active ingredients for crop protection will value over US$ 3 Bn. However, they are likely to lose their grip in market revenue in due course of time. Driven by consistent product innovations, novel categories of active ingredients for microbial growth amendment and minerals tracing in plants are likely to gain traction among end users.

“With growing preference of bio-based ingredients in agrochemicals and crop growth additives, as well as increasing agricultural and horticultural produce around the globe, the biostimulants market offers lucrative business opportunities to concerned market participants and interested stakeholders in the coming years.”

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Biostimulants Market: Competitive Landscape

The biostimulants market is highly competitive with a rich palette of global and regional players. Global players such as Valagro SPA, Koppert B.V., Syngenta, BASF SE, UPL Corporation Limited, Novozymes, Isagro SPA, and FMC Corporation have invested strategically in the biostimulants market, and have launched basic and premium grades at different pricing levels to increase their earnings and profit margins. This suggests that, major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with expansion of supply and distribution footprint via all possible trade channels, remains the key strategy for manufacturers to enhance business growth and capture new market opportunities.

Key Takeaways from Global Biostimulants Market Study