Fluoropolymers Market anticipated to witness significant growth during the assessment period, 2031

Future Market Insights delivers key insights on the global fluoropolymers market in its latest report titled ‘Fluoropolymers Market: Global Industry Analysis and Opportunity Assessment (2031).’ The long-term outlook on the global fluoropolymers market remains positive, with market value expected to increase at a CAGR of 5.1% during the forecast period.

The industrial & equipment segment is expected to remain a key end-use segment, accounting for over one-fourth of the total shares in the global market throughout the forecast period. Global sales of fluoropolymers is estimated to be valued at over US$ 8 Bn by the end of 2017.

APEJ is estimated to account for a major value share in the global fluoropolymers market by 2017 end and is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on the drivers and restraints likely to impact the market during the forecast period.

According to FMI reports, manufacturing facilities are facing substantial challenges to operations. A number of end use verticals have temporarily suspended operations, either owing to a sharp drop in demand, or due to government restrictions. These trends will hurt prospects of the fluoropolymers market in the short term.

“Fluoropolymers are largely used to improve physical and chemical characteristics of coatings in industrial, construction, and household applications. The characteristics of fluoropolymers resins drive applications in production of novel friction reduction materials with thermal and chemical resistance, which will bolster market growth,” says the FMI analyst.

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Fluoropolymers Market – Important Takeaways

  • Polytetrafluoroethylene is a highly sought-after fluoropolymer, supported by superior chemical stability and resistance to wear and tear.
  • Industrial sector applications account for major revenue owing to use in filtration membrane, flue gas, and pharma processing equipment.
  • Asia Pacific is a dominant fluoropolymers market owing to substantial demand for fluoropolymers in electronics, automotive, and construction sectors in the region.

Fluoropolymers Market – Driving Factors

  • Extensive use of fluoropolymers in the production of semiconductors is a key growth factor.
  • Expansion of the global automotive industry in emerging economies is contributing to critical growth opportunities.
  • Characteristics including weather stability, chemical resistance, and thermal properties bolster scope of application in multiple verticals.

Fluoropolymers Market – Leading Constraints

  • Strict regulations governing the production and application of fluoropolymers is a key challenge to market growth.
  • Risks of perfluorooctanoic acid contamination in coating applications hurts market prospects.

Expected Impact on Market by Coronavirus Outbreak

With the coronavirus crisis, workers in manufacturing facilities are higher risk, as manufacturing operations cannot be conducted remotely. Consequently, the closure of fluoropolymer production facilities and disruptions in raw material supplies during the crisis period, will hurt near term prospects of the market. However, wide ranging industrial and chemical applications will support a steady recovery once lockdown restrictions are relaxed.

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Competition Landscape

Some of the top players operating in the fluoropolymers market are 3M Company, Halopolymer OJSC, DuPont Company, Kureha Corp., BASF SE, Hindustan Fluorocarbons Ltd., Daikin Industries Ltd., Saint Gobain S.A., Arkema Group, Honeywell International Inc., and Solvay Chemicals Inc. Market players are pushing for strategic collaborations and product development to aid market presence. For instance, Poeton has launched a nickel and fluoropolymer surface treatment material in July 2020.

Fluoropolymer Market by category

By Product Type:

  • PolytetraFluoroethylene (PTFE)
  • Polyvinylidene fluoride (PVDF)
  • Polyvinyl Fluoride  (PVF)
  • Fluorinated Ethylene Propylene (FEP)
  • Polychlorotrifluoroethylene (PCTFE)
  • Perfluoroalkoxy Polymer (PFA)
  • Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

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.

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T: +1-845-579-5705
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Fatty Amines Market projected to exceeding US$ 4,724.4 Mn by 2032

The global market of fatty amines is anticipated to reach a value of US$ 4,724.4 Mn by the end of the forecast period, opines Future Market Insights (FMI). The need for different agrochemicals including pesticides and fertilizer is rising owing to the growing food necessity.

While the demand for agrochemicals is rising in developing nations such as India and China, the demand for fatty amines is predicted to surge, especially across Asia Pacific. Hence, to get the maximum yield from the available arable land and to enhance the quality, agrochemicals are being used.

The consumption of fatty amines in agrochemicals is high as it is extensively manufactured by using renewable sources such as vegetable oil, animal fats & so on, which benefit the soil, environment & output.

Key manufacturers are anticipated to witness lucrative growth opportunities as its consumption in end use sectors such as agrochemicals, food & beverage and others is increasing. To fulfil the demand, players are more focused on production capacity expansion, mergers & acquisitions activities that will boost their sales.

With the implementation of new technology and innovations, prominent players are emerging in developing countries, with the increase in the flow of foreign direct investment, collaborative projects, and monetary benefits.

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“Growing demand for agrochemicals & water treatment chemicals are expected to propel the sales of fatty amines in the forecast period,” says an FMI analyst.

Key Takeaways:

  • The global market of fatty amines is projected to witness a CAGR of 9% during the period of 2022 and 2032.
  • China is anticipated to remain one of the prominent markets in the global market of fatty amines, with sales expected to reach about US$ 986.1 Mn by end of 2032.
  • By product type, tertiary fatty amines segment is expected to remain one of the fastest-growing segment and expand at a CAGR of 5.7% during the forecast period.
  • By end use type, agrochemicals, and water treatment chemicals are anticipated to account for more than 43% of demand share in global fatty amines market by 2032.

Competitive Landscape

Key market players are involved in the fatty amines market which include Clariant AG, Albemarle Corporation, Akzo Nobel N.V., Evonik Industries AG, Kao Corporation, Arkema S.A., Eastman Chemical Company, Solvay S.A., E.I. du Pont de Nemours & Co., Procter & Gamble Company, Lonza Group Ltd, Indo Amines LTD, Sterling Auxiliaries Pvt. Ltd., Nouryon, Wuxi Zhufeng Fine Chemical Co., Ltd., NOF COORPORATION and Other.

For instance

  • On June 27, 2022, Evonik Industries made a technical collaboration with Ag Tech, an agribusiness innovation hub in Brazil, to enhance its regional agribusiness network.
  • On Feb 28, 2022, Kao Corporation decided to establish a new tertiary amines plant in Texas, the USA to strengthen its chemical business.

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Fatty Amines Market Segmentation

By Product Type:

  • Primary Amines
  • Secondary Amines
  • Tertiary Amines

By End-Use:

  • Agrochemicals
  • Water Treatment
  • Construction
  • Oil field Chemicals
  • Personal Care
  • Textile Industry
  • Others

By Region:

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

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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.

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UV Tapes Market | Current and Future Demand Analysis, Growth and Forecast, FMI

UV tapes provide a high adhesion strength. When exposed to UV light, this strength reduces significantly, allowing for clean and easy removal after fulfilling its purpose.  Stellar expansion of the consumer electronics industry has ushered in an era of miniaturization of technology. This has paved way for the development of highly sophisticated information technology tools requiring usage of semiconductors. As a result, the usage of UV tapes has experienced a significant propulsion in recent years. UV tapes temporarily protect semiconductor wafers from surface damage. These tapes are generally manufactured using polyethylene terephthalate (PET), polyvinyl chloride (PVC) or polyolefin (PO).

In addition, UV tapes are highly resistant to heat, environmentally friendly and offer excellent setting time when exposed to UV light. In light of such benefits and applications, the global UV tape market is anticipated to register a value of US$ 437.9 Mn by the end of 2020. The ongoing coronavirus pandemic has only served to heighten market prospects for UV tapes, attributed to increasing usage of ICT tools by individuals and companies to conduct their daily businesses in the wake of nationwide lockdowns, prompting organizations to issue mandatory work-from-home directives. As internet penetration increases on a daily basis, the number of devices used to access it is mushrooming, prompting UV tape manufacturers to accelerate their production to cater to the demand from end-use industries.

Anticipated Impact of the Coronavirus Outbreak

The coronavirus pandemic has provided significant traction to the UV tapes market. Although, in the initial phases, supply chain disruptions as a result of curbs on transportation and logistics generated significant gaps in the demand-supply equilibrium. As countries worldwide have been relaxing lockdowns, manufacturing units are experiencing a resurgence due to resumption of production cycles. Against this backdrop, the UV tapes market is poised to soar in the future.

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Since its declaration as a pandemic by the World Health Organization, the coronavirus disease has compelled businesses to provide remote working arrangements for their employees. These arrangements required organizations to invest significantly in providing enhanced internet connectivity as well as access to their intranet. For this, people need access to adequate ICT tools such as laptops, personal computers, tablets or smartphones, increasing their sales across online platforms.

The proliferating sales of ICT devices has motivated hardware companies to produce more devices and semiconductors, ultimately pushing up demand for UV-tapes. Eventually, the market will continue riding the high-wave. This is because in the post-pandemic scenario, remote working shall become the new normal. Employees will no longer be required to travel to their office premises as most of the work will be done sitting at home. Therefore, increasing investments in enhancement of information technology platforms is expected to beckon the global UV tapes market forward.

“The scope for UV tapes market appears especially bright across emerging economies such as India and China, owing to increased usage of information technology devices in the wake of growing internet penetration. Additionally, leading multinational corporations are intensifying their investments in the region across various industrial and non-industrial businesses which exhaustively use technology to streamline their operations. This has pushed up sales of ICT devices, leveraging UV tapes production,” concludes a leading FMI analyst.

Global UV Tapes Market- Key Takeaways

  • Asia-Pacific generated the highest demand for UV tapes between 2015 and 2020. Booming semiconductor industries across Mainland China and Taiwan due to favorable government policies have augured demand for the region.
  • PET and PO-based UV tapes shall tower over PVC-based ones, credited to their easy recyclability and compliance with environmental standards.
  • Wafer-dicing UV tapes accounted for nearly half of the market during the forecast period. However, it shall lose 60 BPS by 2020 due to surging popularity of other types of tapes.
  • Global UV tapes market expanded at a CAGR of ~10% from 2015-2020.

Global UV Tapes Market- Prominent Drivers

  • Growing awareness about the benefits of UV-tapes has accelerated their usage in optoelectric components, particularly for manufacturing camera lenses.
  • Availability of cheap labor, technology and raw-materials in emerging economies is encouraging market players to establish their businesses in these countries, expanding revenue pool of the UV-tapes market.

Global UV Tapes Market- Key Restraints

  • High costs of UV-tapes is anticipated to discourage end-users from purchasing them and would instead opt of cheaper alternatives, limiting prospects for expansion.
  • Comparatively lesser costs of non-UV tapes is accelerating their usage, hindering usage of UV-tapes.

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Competition Landscape

The global UV tapes market is characterized by the presence of the following market players: Nitto Denko Corporation, Lintec Chemicals, Furukawa Electric Co., Ltd., Sumitomo Bakelite Co Ltd and Mitsui Chemicals. The raw material suppliers include Henkel AG & Company, Dow Chemical Co and BASF SE. The abovementioned market players primarily concentrate on organic as well as inorganic growth strategies to acquire a greater foothold in the global landscape. These strategies include product launches, patent and product approvals, acquisitions, mergers, partnerships and collaborations with other players. Additionally, these players are also concentrating on leveraging their supply chains to cater to the increased demand for semiconductor chips in the wake of rising demand for ICT devices.

Market segmentation

The next section of the report analyses the market based on applications and presents the forecast in terms of value for the next five years.

Applications covered in the report include:

  • Wafer dicing
  • Back-grinding
  • Others (PCB grinding, glass dicing, etc.)

The next section of the report analyses the market based on product type and presents the forecast in terms value for the next five years.

Product types covered in the report include:

  • Polyolefin
  • Polyvinyl chloride
  • Polyethylene terephthalate
  • Others (include phenolic films)

Table of Content

1. Executive Summary

2. Research Methodology

3. Assumptions & Acronyms Used

4. Global UV Tapes Market Overview

5. Global UV Tapes Market Trends

6. Global UV Tapes Market Analysis, By Region

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.
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/uv-tapes-market
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Geocells Market expected to reach US$ 242.25 Million by 2032

Geocells are robust, lightweight three-dimensional systems constructed of polymer film strands, sometimes known as geotextiles. During the forecast period 2022-2032, the geocells market is expected to grow at a value of 6.1% CAGR, according to Future Market Insights. By the year 2032, the global market for geocells is expected to rise up to a market valuation of US$ 242.25 Million.

These items are also known as cellular confinement systems. These geocells are new geosynthetic materials that increase the load carrying capacity and strength of the structure by up to five times. The use of geocells reduces pavement thickness and vertical stresses significantly. These cells are used for a variety of purposes, including as channel and slope protection, extra load support, wall retention, and shoreline protection.

North America is expected to grow significantly in the geocell market over the projection time frame due to rigorous government regulations and policies, as well as rapidly expanding infrastructure. Due to rising demand for geocells in various developing economies such as India, Japan, China, and Malaysia, Asia Pacific is likely to grow rapidly and form the most lucrative market for geocells. Furthermore, significant infrastructure developments in the MEA are projected to contribute to growing demand. Europe is projected to have large demand because of rapid industrial expansion and improved government regulations, notably in its western region, which comprises Germany, France, Austria, and the Netherlands.

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Due to their superior load bearing capabilities, manufacturers favor very lightweight and hard durable materials such as PP and HDPE. Furthermore, deployment across operations linked to earth reinforcement to bring in strong infrastructure provision is expected to be a major opportunity in the worldwide geocells market during the projection period.

Key Takeaways from the Market Study

  • In 2022, the global geocells market is estimated to have a global market size of US$ 134 Million.
  • By material type, the HDPE segment is expected to gain a 71.5% market share in 2022.
  • By application type, the channel protection segment is projected to acquire a global market valuation of 42% in 2022.
  • The North American market for geocells will expand with a market share of 39% in 2022.
  • The APAC geocells market is expected to grow with a 7.5% CAGR during the forecast period.
  • Europe is projected to grow with a 5.9% CAGR during 2022-2032.

“Extensive usage of geocells in water conservation programs, as well as the development of lightweight and nano-fiber-based geocells, are expected to drive market expansion across the forthcoming decade,” comments a Future Market Insights analyst.

Competitive Landscape

The market’s leading players rely heavily on product innovation and expanding their product portfolio. Aside from that, firms are pursuing tactics such as collaborations and acquisitions.

  • Bermuller & Co. GmbH is a well-known geosynthetic fabric company that provides one-of-a-kind transportation infrastructure solutions. BONTEC NW non-woven fabrics are available from the company and are utilized in earthworks, road construction, and construction management. These are utilized to filter soils that must be discharged during the construction phase while designing geocells.
  • Greenfix is a well-known soil stabilization and erosion control specialist, offering a comprehensive line of erosion prevention cellular confinement systems, including the well-known Geoweb® line. The Tree Root Protection System is one such solution, since it protects roots planted inside the top 600 mm of the soil’s surface layers by dispersing the load horizontally and thereby avoiding compaction.

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Key Segments Covered in the Geocells Market Report

Geocells Market by Application:

  • Slope Protection
  • Earth Reinforcement
  • Load Support
  • Tree Root Protection
  • Channel Protection

Geocells Market by Material Type:

  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Polyester
  • Other Polymeric Alloys

Geocells Market by Region:

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

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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.
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T: +1-845-579-5705
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Membrane Chemicals Market projected to register impressive growth during the forecast period of 2031

The membrane chemicals industry thrived on the growing demand from municipal, power, and food & beverages sectors in the past years, while the pandemic outbreak changed the scenario temporarily earlier in 2020. While decline in demand impacted the industry, recovery of food & beverages, chemicals, and other sectors has been key to excel for manufacturers and suppliers since the last quarter of 2020.

The latest revised edition of the ‘membrane chemicals’ market study published by the Future Market Insights (FMI) thoroughly analyze the global industry potential and growth scope. The report also provides detailed insights of new trends and demand-supply patterns across 20+ countries with special emphasis on the leading regions such as North America, Europe, and Asia Pacific during the forecast period of 2021 to 2031.

How is the Demand from Municipality Sector Boosting the Sales of Membrane Chemical Suppliers?

According to the report published by the European Commission (EC), in the Europe municipality sector, most dominant segment is the service one, which represents 60% of all economic activity. As per the report, the main aim of the municipality during the period of 2014 to 2020 was related to integrated sustainable development, increasing the standard of living through utilization of own resources, along with closer cooperation with European Union (EU) institutes. While such initiatives helped in strengthening municipality sector, it also signifies arrival of new opportunities for membrane chemical manufactures around the globe.

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Various type of membrane chemicals such as coagulates, flocculants, PH adjusters, and scale inhibitors are extensively used in treating vast range of RO/UF/NF/MF membrane foulants and scalants. As a result, these are highly sought-after in municipality sector in order to provide with highly efficient water treatment solutions.

“With the demand for scale inhibitors, dechlorinants, and biocides becoming prominent in filtering solids and other water impurities, industry players are subject to come across lucrative growth scope in the near future,” says an FMI analyst.

Key Takeaways from Market Study

  • The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031
  • High requirement in wastewater treatment to fuel the sales of manufacturers
  • Requirement for scale inhibitors to gain traction
  • The United States remains the hotspot for industry players in North America
  • Germany to lead in Europe membrane chemicals industry
  • Asia Pacific to emerge fastest-growing industry for membrane chemicals
  • China, Japan, Canada, the United Kingdom, India, Italy, and a few other countries to maintain positive industry outlook

Who is Winning in this Space?

The global membrane chemicals industry offers cut-throat competition to key players. In order to sustain their leading positions, key players are focusing on both quality and quantity of their products.

For instance,

  • Veolia Water recently launched its Point-of-Use Water Systems, Point-of-Use Laboratory Water Systems, Point-of-Use Water Purification Systems, and others by incorporating various membrane chemicals in order to target diverse end-use industries
  • GE Water and Process Technologies launched its new ZeeWeed Hollow-Fiber Membranes, LEAP MBR, and others during the last 5 years

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Membrane Chemicals Market Segmentation by Category

Product Type

  • Scale Inhibitors
  • Coagulants & Flocculants
  • Biocides
  • PH Adjusters
  • Dechlorinants
  • Other Membrane Chemicals

End User

  • Municipal
  • Power
  • Food & Beverage
  • Chemicals
  • Desalination
  • Paper & Pulp

Region

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

Table of Content

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview

4.1. Introduction

4.2. Water & Wastewater Treatment Chemicals – Global Snapshot

4.3. Global Membrane Chemicals Market

4.4. Market Dynamics

4.5. Market Trends

5. Global Membrane Chemicals Market Analysis, By End Use Sectors

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:

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Bio-plastics Market 2022 | Current and Future Demand Analysis, Growth and Forecast, FMI

A growing beverage packaging industry, government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to contribute to the growth of the global bio-plastic market over the forecast period. Future Market Insights (FMI), in its latest report titled, “Bio-plastics Market: Global Industry Analysis and Opportunity Assessment”, estimates that the global bio-plastics market is expected to account for US$ 43.8 Bn by 2020, registering a CAGR of 28.8% during the forecast period.

Key players in the global bio-plastics market are

  • BASF SE
  • Arkema, DSM NV
  • I. du Pont de Nemours and Company
  • Evonik Industries
  • NaturePlast
  • NatureWorks LLC
  • RTP Company
  • Techno polymer Co. Ltd.
  • Toray Industries Inc.

Assessing the various factors driving this market, a FMI lead analyst, said, “Increasing consumer awareness regarding benefits of greener products, strict regulations to incorporate bio-based products in automotive & packaging, and increasing investments by local companies are expected to fuel the demand for global bio-plastics market.”

Global Bioplastics Market: Drivers and Trends

Demand for bioplastics is increasing since past decade due to growing awareness concerning environmental conservation, use of bio-based or natural resources for manufacturing materials and formulation of various regulations across countries for effective use of natural resources and waste management.

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In terms of materials, the global bio-plastics market is segmented as bio-PET, bio-PE, bio-PA, bio-degradable polyesters, PLA & PLA blends, starch blends, PHA and others. Currently, the bio-PET material segment dominates the bio-plastics market, and was estimated to be US$ 5.6 Bn in 2014. This segment is expected to reach US$ 29.1 Bn by 2020, with a momentous CAGR of 31.4% for the forecast period. Moreover, an increasing demand for bio-plastics from the beverage packaging industry and effectiveness of bio-plastics in one-time use application has driven the demand for the bio-PET in the last few years.

On the basis of application type, the bio-plastics market is segmented as bottlers, other packaging, food-services, agriculture/horticulture, consumer products, automotive and others. Among all the afore mentioned applications, bottles segment is expected to dominate the market with 34.4% of the total revenue share by 2020. However, automotive segment is anticipated to exhibit the second highest CAGR of 27.5% as compared to other applications during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of others application segment, thereby accounting for 5.0% market share by 2020.

Key regions considered for this market study include North America, Europe, Asia Pacific and RoW (Rest of the World). Asia Pacific represents the most lucrative market, followed by North America. Asia Pacific is expected to contribute 33.7% market share to the overall bio-plastics market by 2020. The growth of Europe is supported by the strong influence of regulatory framework and awareness regarding greener products through various media among the consumers.

Key Segments Covered

Material Type:

  • Bio-PET
  • Bio-PE
  • Bio-PA
  • Bio-degradable Polyesters
  • PLA & PLA Blends
  • Starch Blends
  • PHA
  • others (Durable Starch Blend, Bio-TPE, Bio-PUR, Bio-PC, Cellulose Derivatives and PCL)

Applications

  • Bottle
  • other packaging
  • food-services
  • agriculture/horticulture
  • consumer products
  • automotive

Key Geographies Covered

  • North America
  • Europe
  • Asia Pacific
  • RoW

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Table of Content

1.      Global Bio-plastics Market – Executive Summary

2.      Global Bio-plastics Market – Assumptions & Acronyms

3.      Global Bio-plastics Market – Research Methodology

4.      Global Bio-plastics Market – Overview

4.1.   Bio-plastics Lifecycle

5.      Global Bio-plastics Market – Taxonomy

6.      Global Bio-plastics Market – Parent Market Indicator

6.1.   Global Plastic Market Outlook

6.2.   Global Plastic Market by End-use

6.3.   Regulations and Policies over Plastic Market by Region

7.      Global Bio-plastics Production Capacity by Region

8.      Global Bio-plastics Market Overview

To be continued…!

Related Links:

https://www.linkedin.com/pulse/bio-pet-segment-accounted-largest-share-bioplastics-sanjay-vane

https://www.linkedin.com/pulse/ammonium-sulphate-outlook-current-future-industry-landscape-vane

https://medium.com/@futurechem/glycol-ethers-market-by-global-demand-trends-applications-sales-industry-size-647a0bde2380

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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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Biobased Biodegradable Plastics Market 2022 | Scope of Current and Future Industry

Global penetration of biodegradable and bio-based biodegradable plastics is currently significantly lower in comparison to traditional fossil fuel-based plastics. Of the 300 Mn metric tonnes of plastics consumed in 2013, biodegradable plastics accounted for 0.21% of the total consumption. The total consumption of bio-based biodegradable plastics was 591,000 metric tonnes in 2013, accounting for 0.1% share of the total global plastics consumption.

Essien Jae, Lead Consultant at FMI said, “Consumption of bio-based biodegradable plastics is substantially low compared to fossil fuel-based plastics, but this is expected to grow rapidly over the next five years. By 2020, the total revenue of the global bio-based biodegradable plastics market is expected to grow two and half times as compared to 2014”.

London-based market research and consulting firm, Future Market Insights (FMI), in its latest report titled “Global Bio-based Biodegradable Plastics Market Analysis and Opportunity Assessment, 2014-2020”, states that the global bio-based biodegradable plastics market is expected to demonstrate a double-digit CAGR during forecast period 2014-2020.

Regional Bio-based Biodegradable Plastics Markets to Demonstrate an Impressive CAGR till 2020

Europe leads the global bio-based biodegradable plastics market, followed by North America. The two major markets contributed approximately 70% to the global bio-based biodegradable plastics market revenue in 2014. The European bio-based biodegradable plastics market is relatively mature due to early adoption of these materials compared to other regions.

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North America is the second-largest market and is estimated to demonstrate robust double-digit growth between 2014 and 2020. On the other hand, the bio-based biodegradable plastics market in Latin America is expected to demonstrate the highest growth rate at a CAGR of 22.6%, followed by Asia Pacific at a CAGR of 20.7% in terms of value. The cumulative market share of Latin America and Asia Pacific is anticipated to improve by around 400 basis points by the end of the forecast period.

Japan is another prominent market for bio-based biodegradable plastics, characterized by product innovation through substantial investments into R&D activities. “Manufacturers in the bio-based biodegradable plastics market in Japan are consistently introducing new products, and creating a trend that is being followed by manufacturers in developed markets such as the U.S., Germany and France. The bio-based biodegradable plastics market in Japan is projected to demonstrate a slightly sluggish growth rate as compared to other APAC countries during the forecast period”, said Essien Jae.

In terms of application, the packaging sector accounts for the largest share of the global bio-based biodegradable plastics market and is largely driven by Europe. Other key application sectors include fibres, agriculture and medical.

On the basis of product type, the market is broadly segmented into polyester, starch blends, poly lactic acid (PLA), poly hydroxyalkanoates (PHA) and cellulose. However, apart from the abovementioned types, there are other product types, which were cumulatively estimated to account for around 20% of the overall market value in 2014. Polyester and PLA product types are estimated to dominate the global bio-based biodegradable plastics market, as both types were cumulatively estimated to account for over 60% of the total market value in 2014.

Further more, the starch-blend segment of the bio-based biodegradable plastics market is expected to demonstrate a slightly sluggish CAGR compared to polyester and PLA throughout the forecast period.

Key Segment

On the basis of product type

  • polyester
  • starch blends
  • poly lactic acid (PLA)
  • cellulose
  • polyhydroxyalkanoate (PHA)
  • other biobased biodegradable plastics

On the basis of application

  • packaging
  • fibres
  • healthcare
  • agriculture
  • others

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Table Of Content

1. Executive Summary

2. Research Methodology & Scope

3. Assumptions & Acronyms Used

4. Market Overview

4.1. Introduction

4.2. Market Segmentation

4.3. Parent Market Indicators

4.3.1. Global Plastic Consumption

4.3.2. Regional Plastic Consumption

5. Global Biobased Biodegradable Plastics Market Overview

5.1. Market Size & Forecast (Value), 2012 – 2020

5.2. Y-o-Y Growth Comparison

5.3. Market Size & Forecast (Volume), 2012 – 2020

5.4. Market Dynamics

5.4.1. Economic Drivers & Relative Impact

5.4.2. Demand Drivers & Relative Impact

5.4.3. Supply Drivers & Relative Impact

5.4.4. Market Trends & Recent Advancements

6. Global Biobased Biodegradable Plastics Market, By Application, 2012 – 2020

to be continued…!

Related Links:

https://acatpg.mn.co/posts/26561704

https://globalsocials.mn.co/posts/26561709

https://faceblox.mn.co/posts/26561711

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:

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T: +1-845-579-5705
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Freeze Dried Pet Food Market | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2032

The global freeze dried pet food market is set to witness growth at a CAGR of 5.3% and is anticipated to reach a valuation of around US$ 27.8 Bn by 2032.

Pet humanization is a key trend driving force in the growth of pet food items purchased by pet owners over the last half-decade. In the freeze dried dog food business, the transition from pet ownership to pet parenting has been critical in defining the trend.

According to the American Pet Products Association (APPA), there will be more than 85 million households with one or more pets in the U.S. in 2022 with the majority of them being dogs. Furthermore, growing attachment between pets and their owners has encouraged consumers to spend more on pet food. Pet owners are more concerned about their pets’ health and are opting for freeze-dried diets. Animals benefit from such diets because they are high in nutrition.

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Currently, pet owners are looking for more than just basic nutrients for their pets; they are also looking for foods that have special health benefits. Furthermore, as pet humanization increases, dog owners are more inclined to spend more on their pets’ food and provide a wider variety of pet meals, including freeze-dried food. As a result of the growing trend of pet humanization, demand for freeze-dried dog food is expected to gain traction over the assessment period.

Key Takeaways:

  • Based on pet type, the dog segment is expected to account for over 50% of the total market share over the forecast period.
  • In terms of nature, demand for organic freeze-dried pet food is slated to gain traction at a considerable pace.
  • Animal derived freeze dried pet food is expected to hold a market share of over 40% in the forecast period
  • Sales of freeze-dried pet food in the U.S. will increase at a 3.3% CAGR over the assessment period.
  • Demand for freeze-dried pet food in Germany will grow at a 2.7% CAGR through 2032.
  • The North America freeze dried pet food market is expected to witness growth at a 5.9% during the forecast period.

“Rising advertising and endorsements by celebrities of pet health is likely to drive up demand and sales of freeze-dried pet food,” says a Future Market Insights analyst.

Competitive Landscape

Leading players operating in the global freeze-dried pet food market are investing in research and development to launch innovative and vegan freeze-dried food options. They are also investing in promotional strategies on social media channels to improve sales.

Some of the key manufacturers are Nature’s Variety, Kelly&Co’s, Ranova, Steve’s Real Food, Primal Pet Foods, TruPet, Wisconsin Freeze Dried, Stewart pet food, Canature Processing Ltd., Bravo, Others

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Freeze Dried Pet Food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Freeze Dried Pet Food Market by Category

By Pet Type:

  • Cat
    • Kitten
    • Senior
  • Dog
    • Puppy
    • Adult
    • Senior
  • Others

By Nature:

  • Organic
  • Conventional

By Source:

  • Animal Derived
  • Plant Derived
  • Insect Derived

By Process Type:

  • 100% freeze-dried
  • Partly freeze-dried

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Pet Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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Frequently Asked Questions

  • How much is the freeze dried pet food market currently worth?
  • What is the anticipated market value of the freeze dried pet food market by 2032 end?
  • What is the freeze dried pet food market outlook?
  • Which region is expected to drive the demand for freeze dried pet food market?
  • Who are the key players operating in the global freeze dried pet food market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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

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Water Enhancers Market Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2032

The global water enhancers market is expected to witness growth at a CAGR of 9.5% from 2022 to 2032 and reach a valuation of US$ 4 Bn by 2032. Increasing shift of consumers towards food and beverages that can improve their overall health is anticipated to push the market.

Manufacturers are consistently developing innumerable fortified foods and functional beverages to fulfill consumer demand for healthy products. Water enhancers are formulations that are added to the water to enhance its flavor and nutritional content.

These enhancers are being increasingly consumed by sports athletes and gym enthusiasts. They have gained immense popularity as novel enhancers can eliminate the time required to prepare a drink from scratch. They are also easy to carry and can be stored for a longer period of time.

Health and label-conscious consumers often check the source of ingredients that are used to make the final product. As a result, retailers are mentioning nutrient contents on the packaging of their products to remain transparent.

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Reputed brands are offering water enhancers that are keto-friendly, gluten-free, vegan, non-dairy, and low-carb. As these products cater to a wide range of consumer requirements, demand for water enhancers is expected to surge in the upcoming decade.

Water enhancers are expected to help consumers increase their daily water intake to meet the prescribed levels for maintaining good health and building a strong immunity against foreign pathogens. Water intake varies according to age, gender, activity level, lifestyle, and overall health condition.

As consumers are adopting healthy lifestyles, demand for natural water enhancers that are rich in minerals, vitamins, amino acids, and herbs is expected to increase in the evaluation period. Surging spending capacity and changing lifestyles of consumers, especially in North America, Europe, and Asia is also expected to drive the market during the assessment period.

Key Takeaways: Water Enhancers Market

  • The North America and Latin America water enhancers markets are expected to exhibit growth at CAGRs of 8.2% and 8.1%, respectively, through 2032.
  • North America is set to account for 50% of the water enhancers market share during the assessment period.
  • The Europe water enhancers market is projected to reach US$ 352 Mn in 2032.
  • The India water enhancers market is estimated to create an absolute $ opportunity of US$ 136 Mn in 2022.
  • By active ingredients, the sweeteners segment is likely to hold the highest market share and grow at a CAGR of 8.5% by 2032.

 “Rising awareness about the consumption of nutrient-rich food and beverages is expected to propel the demand for water enhancers globally. Key companies are investing in the development of sugar-free, vegan, and non-carbonated beverages to provide nutrition to consumers,” says a Future Market Insights analyst.

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Competitive Landscape: Water Enhancers Market

Key manufacturers operating in the water enhancers market are focusing on research & development activities to offer various flavored products. They are also collaborating with start-up firms and developing new product lines to enter the untapped areas.

For instance,

  • In July 2020, Kraft Foods, a leading food manufacturing and processing conglomerate based in the U.S., introduced its latest Mio Liquid Water Enhancer. The product not only helps a person in achieving their quota of drinking but also enhances taste. It is available in dozens of flavors, including Lemonade, Berry, Pomegranate, Tangerine, Orange, and Black Cherry. It will help consumers to drink more water without the addition of sugar or soda.

More Valuable Insights on Water Enhancers Market

Future Market Insights, in its new report, offers an impartial analysis of the global water enhancers market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Water Enhancers Market Outlook by Category

By Active Ingredients:

  • Sweeteners
  • Vitamins
  • Electrolytes
  • Anti-oxidants

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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Frequently Asked Questions

  • How much is the global water enhancers market worth?
  • What will be the global water enhancers market size by 2032?
  • At what CAGR did the global water enhancers market grow in the historical period?
  • At what rate will the demand for water enhancers grow in Europe?
  • What is the North America water enhancers market outlook?

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

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:

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Christiana Corporate, 200 Continental Drive,

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Plant Based Protein Beverages Market Development Countries Trends, Size, Industry Reviews with Leading Players 2032

The worldwide plant based protein beverages market is anticipated to accomplish US$ 1065.3 million out of 2022. Based on the report, deals of plant based protein beverages are expected to move at a CAGR of 9.60% to arrive at a gauge of US$ 2664.3 million by 2032.

The health & fitness trend is spreading with the outbreak of obesity and other lifestyle diseases, and consumers are aiming to improve their health and quality of life by resorting to healthy dietary habits. Plant-based protein beverages are witnessing high demand, attributing to the rise of veganism coupled with an increase in consumer awareness about the importance of protein in weight loss diets.

Plant-based protein market is expected to witness incremental growth as consumers’ perception about food products with fruit and vegetable ingredients being helpful in improving health. A tectonic shift from animal-based protein to the plant-based sources of protein such as pea protein and soy protein, is expected to foster positive growth prospects of the plant-based protein beverages market. Consequently, a mounting number of stakeholders from the vegan food industry are entering the plant-based protein beverages market.

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Stakeholders are noticing an impressive upsurge in consumption of vegan food products in developed regions, which is expected to improve growth prospects of the plant-based protein beverages market in the U.S. and other developed European countries. Demand for vegan and functional beverages with natural and probiotic ingredients is expected to remain high in these countries, subsequently supporting growth of the plant-based protein beverages market in developed regions.

Plant-based Protein Beverages Market – Competitive Landscape

Key players in the plant-based protein beverages market are Malk Organic, Califia farms, Ripple Foods, The New Barn, Dr. McDougall’s Right Foods, Pacific Foods, and Beyond Meat. Some of the recent and important developments in the plant-based protein beverages market are:

  • In September 2019, Ripple Foods – a California-based manufacturer of pea-protein dairy alternative products – announced that it has launched its new line of plant-based products—Superfood Milk. Ripple Plant-Based Superfood Milks contain the clean label, plant-based protein of Ripple Milk along with other high-quality superfood ingredients free from lactose, soy, nuts and gluten to offer added functional benefits and a nutritious plant-based beverage experience to consumers. The company also declared that it aims to meet the increasing consumer demand for plant-based functional beverages that tout health benefits, with the launch of its new product line.
  • In November 2019, ADM Human Nutrition – the natural health and nutrition division of Archer Daniels Midland Company – announced that it has launched its first plant-based protein beverage in Thailand. The company noticed that availability of dairy-based high-protein drinks in the country’s market as well as the supply-demand gap in plant-based alternatives to those products. The company launched its plant-based protein beverage solution in mocha flavor, to sync with its strategy to expand in Thailand’s market for meat substitutes and plant-based drinks.

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Consumer Demand for High-protein and Low-carb Vegan Food Products

Leading players in the vegan food industry are noticing a significant change in consumer preferences for not just plant-based food but also the food with health-benefitting properties. Increasing awareness about the inextricable relationship between food and weight loss and obesity management is triggering consumer demand for plant-based snacks and beverages that promote fat loss.

Consequently, market players are beginning to introduce plant-based beverages with high amount of protein and low-carb ingredients to attract the ever-expanding group of consumers shifting to weight loss diets. High-protein, low-carb food products and beverages are trending as consumer expectations from vegan food continue to change. Leading players in the plant-based protein beverages market are expected to introduce keto-friendly products to sync with the increasing popularity of keto diets in the coming years.

Increasing R&D Investments to Discover Innovative and Low-cost Plant Protein Sources

Taking into consideration the rise in popularity of plant protein drinks, leading players in the plant-based protein beverages market are increasing investments in research & development to boost innovation that can enable them to maintain a competitive edge. Discovering unique yet low-cost plant-based protein sources and vegan ingredients such as coconut milk in plant protein drinks is expected to emerge as a popular strategy in this landscape.

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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments for yorker spouts market
  • Competitive landscape for yorker spouts market
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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

For Sales Enquiries: sales@futuremarketinsights.com

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