Fiberglass Cloth Market by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2028

Fiberglass is a common variety of fiber-reinforced polymer with glass as a reinforcement material. These fibers are flattened into a sheet, randomly arranged or woven into a fabric. Fiberglass cloth is cheaper & more flexible than any other fabric and can be molded into complex shapes. Its applications include aircraft, boats, automobiles, bath tubs & enclosures, to name a few.

Fiberglass cloth is a strong woven textile used mainly for non-apparel & industrial applications. Attributing to its unique properties, it is also used in conveyor belts & interiors of circuit boards. Fiberglass cloth is also known as bonded fiberglass fabric.

Fiberglass cloth has many uses such as electrical insulation & thermal insulation in the electronics industry and even as a component in armor plating on military vehicles (for the U.S.), aircraft carrier decks and helmets. Light-weight fiberglass cloth offers a flat finish and is suitable for producing a water-resistant layer over wood or other surfaces such as in repairing (boats) and other marine applications.

Glass fibers and fiberglass cloth may be combined with aramid fibers or carbon fibers to make moldable and laminate fabric for kayaks, canoes and other high strength, low-weight applications.

On the basis of the material type, E-glass is the most economical fiberglass and is used when high electrical resistivity and strength are required. S-Glass offers approximately twenty five percent greater strength than E-glass and has enhanced properties at higher temperatures.

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Fiberglass Cloth Market: Drivers

Attributing to the economic growth in emerging economies, increasing use of megaships and new consumer classes, the marine industry is expected to grow at a significant rate and in turn surge the demand for fiberglass cloth. Also, the increasing demand from end use sectors such as military and electronics will further spur the demand for fiberglass cloth over the forecast period.

However, the high demand of composite materials from various applications is expected to restraint the demand for fiberglass as most of the manufacturers are using composite materials to develop lightweight products.

Fiberglass Cloth Market: Regional Outlook

The global fiberglass cloth market has been segmented into nine key regions: Latin America, India, Western Europe, Eastern Europe, North America, South East Asia, Japan, China and Middle East and Africa (MEA). In the coming years, Western Europe, Japan and North America are expected to be the key markets, owing to the increasing demand from the marine industry across developed parts of the globe. The Asia Pacific and Middles East & Africa (MEA) region is slated to witness high growth on account of the increase in marine tourism activities. Latin America and Eastern Europe are expected to offer revenue generation opportunities with the rising electronics industries in the regions.

Asia-Pacific is a prominent fiberglass cloth market across the world. Mainly, China dominates the global low to medium end markets by engaging in OEM processing and manufacturing, while the European Union continues to dominate the high quality textiles and clothing segment. Moreover, the development of new uses and applications for fiberglass cloth and products in many different areas for various sectors will be a trending opportunity for fiberglass cloth manufacturers.

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Fiberglass Cloth Market: Market Participants

Some of the market participants/vendors identified in the fiberglass cloth market are:

  • Hangzhou Mingda Glass Finbre Co. Ltd.
  • Zhejiang Yuanda Fiberglass Mesh Co. Ltd.
  • Tianyu
  • Changshu Jiangnan GlassFiber Co. Ltd.
  • Xiangyang Huierjie Glassfibre
  • Chaozhou Chuangjia Group Co. Ltd.
  • Saint Gobain (Adfors)
  • Valmiera Glass Group
  • Stekloplast
  • San Diego Seal, Inc.
  • Shree Firepack Safety Pvt. Ltd.

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

The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Fiberglass Cloth Market: Segmentation

On the basis of resin used, the fiberglass cloth market can be segmented into:

  • Polyester Resin
  • Epoxy Resin
  • Vinyl Ester Resin

On the basis of material type, the fiberglass cloth market can be segmented into:

  • E-Glass fiberglass
  • C-Glass fiberglass
  • S-Glass fiberglass
  • Quartx/ Fused Silica fiberglass

On the basis of end use, the fiberglass cloth market can be segmented into:

  • Insulation
  • Marine and Recreational
  • Electronics
  • Filtration
  • Commercial
  • Others

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

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Automotive Underbody Coatings Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2028

Automotive underbody coatings are applied on the underside of vehicles to provide a protective layer of protection between vehicle’s underside and damaging forces such as moisture, corrosion, stone chip damage and weather resistance.

Automotive underbody coatings are generally applied on areas such as wheel arches, inside wing panels and the undercarriage of the vehicle. They provide a barrier between the metal component and its outside environment; hence, protecting the vehicle from damage and improving its vehicle life.

Automotive underbody coatings not only provide corrosion and damage protection but also offer easy maintenance and reduce noise and vibrations. Some of the desired properties of automotive underbody coatings include good adhesion, fast drying, tough, flexible and corrosion protection. Automotive underbody coatings may be solvent-based or water-based.

The global automotive underbody coatings market is set to witness significant growth over the forecast period, driven by numerous factors such as increased overall vehicle demand, aging vehicles and environmental concerns.

Automotive Underbody Coatings Market: Dynamics

The global automotive underbody coatings market is directly dependent to automotive production and vehicle parc. Despite unstable economic conditions in the market in the recent past, automotive production across the globe has witnessed steady growth, owing to the increasing demand for passenger cars and commercial vehicles.

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The growing automotive production is, therefore, expected to drive the global automotive underbody coatings market. Further, the aftersales segment of the automotive underbody coatings market is expected to benefit from the rapid increasing vehicle parc and aging of vehicles.

The market is also expected to benefit from the increasing consumer preference and awareness regarding automotive underbody coatings as they enhance vehicle durability and prevent corrosion. On the other hand, fluctuating prices of raw materials such as resins, pigments and other additives are expected to hinder the growth of the globe automotive underbody coatings market.

Increasing environmental concerns and stringent regulations are expected to drive innovation in the global automotive underbody coatings market. Automotive underbody coating manufacturers are emphasizing on the development of coatings with reduced VOC value. Hence, water-based automotive underbody coatings are expected to gain traction in the market in the near future, owing to their low VOC content and environment-friendly characteristics.

Automotive Underbody Coatings Market: Regional Outlook

Asia Pacific is estimated to be the dominant region in the global automotive underbody coatings market. The rapidly growing automotive industry in developing countries such as India, China and ASEAN in the Asia Pacific region is expected to propel the automotive underbody coatings market with a significant rate.

Increasing demand for light commercial vehicles and passenger cars in North America and Europe respectively is expected to project significant growth opportunities for the automotive underbody coatings market in the near future. Furthermore, stringent environmental regulations in North America and Europe are expected to augment the demand for water-based automotive underbody coatings in the near future.

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The positive economic outlook and favorable political scenario in Latin America is driving investment in the automotive industry in the region, which in turn is set to induce the demand for automotive underbody coatings in the region. The Middle East & Africa region, backed by the growing construction and oil & gas industries, is set to drive the growth of the global automotive underbody coatings market.

Automotive Underbody Coatings Market: Market Participants

Examples of some of the market participants operating in the global automotive underbody coatings market are as follows:

  • 3M
  • AkzoNobel NV
  • Henkel Corporation
  • Sika AG
  • Mallard Creek Polymers
  • The Sherwin-Williams Company
  • Henry Company
  • PPG
  • Covestro AG
  • Daubert Chemical Company

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

The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Automotive Underbody Coatings Market: Segmentation

On the basis of end use, the global automotive underbody coatings market can be segmented as:

  • OEM
  • Aftersales Market

On the basis of coating type, the global automotive underbody coatings market can be segmented as:

  • Solvent-Based
  • Bitumen-Based
  • Resin-Based
  • Wax-Based
  • Water Based

On the basis of coating method, the global automotive underbody coatings market can be segmented as:

  • Spray applied
  • Brush applied

On the basis of vehicle type, the global automotive underbody coatings market can be segmented as:

  • Passenger cars
  • Commercial Vehicles
  • HCV
  • LCV

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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Bromocyclopentane Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2028

Bromocyclopentane falls under the category of haloalkanes. Haloalkanes are generally derived from alkanes having one or more halogen compound in their structure. Bromocyclopentane also termed as organobromine and is colorless, odorless liquid. On commercial scale bromocyclopentane is formulated through numerous methods such as free radical halogenation reaction between alkanes & bromine, from alkene & alkynes, nucleophilic substitution of alcohol, and from carboxylic acids.

Out of the above said production process the synthesis of bromocyclopentane on the large is scale is done by free radical reaction of alkanes with bromine. Bromocyclopentane is commercially available with a name of cyclopentyl bromide with different purities level. These purities of the bromocyclopentane is tailor-made according to the need of specific applications. High purity bromocyclopentane means the consumption of the specific product in food & pharmaceutical applications which also include personal care products.

Whereas, low or medium purity products are generally used for industrial applications. Prime reason for selecting bromocyclopentane in numerous application is its higher boiling and melting point when compared to their subsequent alkane class. Properties like increased strength in the bromocyclopentane is imparted by the strong intermolecular forces, the magnitude of the forces is the resultant of high dipole-dipole interaction. Also due to the availability of less number of carbon hydrogen bond the bromocyclopentane shows less flammability than its corresponding alkane.

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Bromocyclopentane Market: Market Dynamics

The market for bromocyclopentane will remain progressive as the market showed notable growth in last few years in terms of revenue generation and the same roadmap is expected to be witnessed in near future. The growth of bromocyclopentane can be attributed with its increased penetration in various application. Also with new product development in the near future the bromocylopentane based products is expected to gain its consumption in niche application and further enhances its application landscape.

Demand of value added coating based on bromocyclopentane and having low VOC content is gaining traction.Also swelling end-use industries such as aerospace, pharmaceutical to name a few creates the demand space for bromocyclopentane products. Several Government initiatives and funding enables the pharmaceutical industry to flourish in the near future in emerging regions. For instance, In India according to Pharma Vision 2020 the government is planning to develop and turning over a country as a global pharmaceutical hub by 2020.

However certain factors & properties of the bromocyclopentane may impendent its growth in the near future. Some of the industrial grade of bromocyclopentane contains toxins, serious pollutants and harmful VOC compound. With the government regulation in developed countries like Europe and U.S., consumption of bromocyclopentane is somehow restricted for the formulation of the solvents and refrigerants

Bromocyclopentane Market: Region Wise Trends

China is one of the prominent growing and emerging region across the globe in terms of consumption and production of bromocyclopentane, there are notable number of bromocyclopentane manufacturers who have their manufacturing plants in China. Also the presence of high production base of bromocyclopentane in India and South East Asian countries enables its adequate supply. Japan is showing steady growth as there is limited availability of manufacturers.

With new regulations imposed by the government regarding the low VOC emission, the demand for bromocyclopentane in North America and Western Europe region is somehow stagnant, however implementation of new practices for the formulation of low VOC solvent will offset the challenge in the latter half of the forecasted period.

Eastern Europe, and Latin America are the attractive regions for key manufacturers due to favorable government policies. Middle East and Africa is also entertaining the sizable market share in terms of consumption.

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Examples of some of the market participants in the Global Bromocyclopentane Market identified across the value chain include

  • Merck KgaA
  • Wuxi Gonghe Chemical
  • Alfa Aesar
  • TCI Chemicals
  • Feihe Chemcial
  • Famouschem Technology.
  • TNJ Chemical
  • Toronto Research Chemicals
  • Spectrum Chemical
  • Triveni Chemicals.

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

The report covers exhaustive analysis on

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • China
  • India
  • Japan
  • SEA & Others (ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Bromocyclopentane Market: Segmentation

On the basis of Purity, the Bromocyclopentane Market can be segmented as:

  • Purity>95%
  • Purity<95%

On the basis of grade Industry, the Bromocyclopentane Market can be segmented as:

  • Industrial Grade bromocycopentane
  • Medical Grade bromocylopentane

On the basis of End Use Industry, the Bromocyclopentane Market can be segmented as:

  • Solvents
  • Foams Agent
  • Flame Retardant
  • Pharmaceutical
  • Refrigerants

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 Us:

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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/bromocyclopentane-market
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Water Dispersible Polymers Market Top Scenario, SWOT Analysis, Business Overview, Forecast by 2028

Globally, water treatment industry is growing at a high rate, owing to the increasing water demand in across the globe. In order to process this kind of industrial and municipal water, it is required to be treated with polymers known as water dispersible polymer. Water dispersible Polymers are the organic substances which can swell or disperse in water thereby improving the properties of aqueous systems such as thickening, or emulsification.

Over past decades, excessive usage of fresh water resources in the world for domestic, agricultural and industrial requirements has led to declining availability of water across many countries. In order to overcome and counter water scarcity issues, several steps regarding reuse, safe disposal and wastage mitigation have been taken by governments across the globe. Formulation of stringent environmental regulations and awareness campaigns are the further steps taken to deal with this issue in effective manner across the globe.

Furthermore, the government is actively focused on to improve water facilities in rural and urban areas. Such developments for domestic as well as for industrial water treatment are anticipated to build high demand for water & wastewater treatment facilities over the forecast period.

These water dispersible polymers are manufactured from maleic anhydride, acrylic acid, methacrylic acid and also from the combinations of these monomers. In terms of application, water dispersible polymers are designed for the cleaning application and also for the detergent builders. These water dispersible polymers have several properties such as, they can operate at moderate temperatures, work even in hard water conditions, etc.  In addition, these are also used for synthesis of oligosaccharides. Water dispersible polymers are used owing to their high efficiency in the glycosylation reactions.

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During the operation there are several chances of vortex formation, these water dispersible polymers are used to avoid such situations. It is necessary to disperse all particles in the water during the entire process. If in case, water dispersible polymer particles are not dispersed with water, then there are chances of formation of aggregates, which can create complications in formulations of a product.

Occasionally, these water dispersible polymers are pre-dispersed with glycerin before their dispersion with huge quantity mixture of water. Water dispersible polymers provide stability and enhance viscosity in end use applications. For water dispersible polymers it is easy to disperse into hot oil phase or in melted phase during their application in emulsions.

Market Dynamics: Water Dispersible Polymers Market

Water dispersible polymers market is expected to exhibit double digit growth during the forecast period, owing to its driving factors such as, application of water dispersible polymer in the drilling of shale gas in addition to this it is also useful for water injection projects.

On the basis of the classification, synthetic segment of water dispersible polymer market is expected to create more opportunities for the key manufacturers and its application providing more strength and required viscosity to the product. The segment is expected to hold more than one third of the market value share by the end of 2018 and is expected to continue the same till 2028.

However, along with these positive factors, there are some negative factors which can create challenges for the growth in the coming years, such as, fluctuating raw material prices and increasing percentage of distributor’s margin.

Current trend in the water dispersible polymer market is to offer an innovative product in the water dispersible category with enhanced functionalities are expected to create avenues for growth for market in near future, especially in the water treatment industry, among others

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Regional Outlook: Water Dispersible Polymers Market

Global water dispersible polymer key players shifting their production facilities from America and Europe to Asia Pacific owing to several factors, such as low taxes, workforce availability and government support.

In addition to this, increasing per capita consumption and substantial growth in urbanization expected to create more opportunities in the emerging economics for water dispersible polymers market in the near term.

Some of the key players of water dispersible polymers market are the

  • Ashland Inc.
  • DowDupont
  • BASF SE
  • Gantrade
  • Nitta Gelatin Inc.
  • AkzoNobel N.V.
  • Shandong polymers Bio-chemicals Co. Ltd.
  • Kemira Oyj
  • Sumitomo Seika Chemicals Company
  • CP Kelco
  • Gelita AG
  • Eastman Chemical Company

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

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

The report covers exhaustive analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market Segmentation: Water dispersible polymers market is segmented on the basis of classification, product and application

Market Segmentation

Water dispersible polymers market is segmented on the basis of classification, product and application

On the basis of classification, water dispersible polymers market segmented as

  • Synthetic water dispersible polymers
  • Natural water dispersible polymers
  • Modified water dispersible polymers

On the basis of product type, water dispersible polymers market segmented as

  • Guar Gum
  • Polyacrylamide
  • Polyvinyl Alcohol
  • Casein
  • Gelatin
  • Other water dispersible polymers

On the basis of application, water dispersible polymers are segmented as below

  • Water Treatment
  • Petroleum
  • Consumer Products
  • Others

On the basis of end use sector, water dispersible polymers are segmented as below

  • Commercial
  • Industrial
  • Residential

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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/water-dispersible-polymers-market
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Hydropower Lubricants Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2028

Lubricants, in general, are used to reduce friction between the moving parts of a machine and prevent its wear, thereby increasing the equipment life. A lubricant may also be used to dissipate heat, prevent rust and corrosion, flushing contaminants away and acting as a barrier towards impurities. In hydropower installations, heavy machinery is used and the lubricants required are termed as, hydropower lubricants.

Hydropower lubricants are used in water turbines, generators, gears, chains and other hydraulic steel structures, to name a few. Hydropower lubricants should function with paramount reliability even under adverse weather conditions. Hydropower lubricants must be resistant to ageing and oxidation. In other words, hydropower lubricants must have a long life with low maintenance.

Along with being used for diverse applications, hydropower lubricants must comply with the stringent environmental laws of several governments. Hydropower lubricants used for turbines must be resistant to emulsification and should readily separate from water. Hydrolytic stability is a prominent factor in selection of a hydropower lubricant due to continuous presence of water.

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Market Dynamics

With the exploitation of hydro-electricity on a much larger scale than ever before, need for better quality product will keep on rising. In a niche market like this, innovation always plays a vital role in driving the market. Heavy hydropower lubricants, as compared to light hydropower lubricants, are expected to grow in demand. Maintenance of hydropower equipment drives this market.

Energy demand is gradually increasing worldwide. Along with the construction of new hydropower plants, efforts are being made to increase the capacity and efficiency of existing hydropower plants. This will result in a steady growth of the hydropower lubricants. With “Affordable and Clean Energy” being one of the 17 sustainable goals of United Nations which aims towards supplying green and cheap electricity to all by 2030, hydropower will play a vital role in achieving it. Hence, boosting the hydropower lubricants market.

The cost of hydropower lubricants, especially biodegradable hydropower lubricants, is comparatively higher than other mineral based oils. However, accidental discharge of biodegradable hydropower lubricants into the water body would result in far less consequential loss when compared to a mineral or synthetic lubricant discharge.

Also, a switch from traditional mineral based oils to biodegradable hydropower lubricants would cost much lower than changing the complete system. Still, the fact cannot be overlooked that any contact between biodegradable hydropower lubricants and water will accelerate the rate of oxidation of the hydropower lubricants. This would result in a frequent replacement of the biodegradable hydropower lubricants.

Out of all mineral oils, paraffinic oils are widely used due to the greater resistance to oxidation, higher viscosity index and lower volatility. Synthetic hydropower lubricants are superior to mineral hydropower lubricants in almost all circumstances. However, the application of synthetic hydropower lubricants is limited due its higher cost.

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Regional Outlook

Out of all the renewable energy generated worldwide, hydropower comprises of around 70% of the electricity generated. Regions like Asia Pacific, North America followed by Europe are leading in electricity generation from hydropower plants due to large number of rivers and advanced technology used. These regions will be a key market to look out for the hydropower lubricants.

Investments in renewable energy generation in countries like China, Brazil and India, these regions will eventually grow to be a prominent market for hydropower lubricants.

List of Market Participants

  • Exxon Mobil Corporation
  • PANOLIN AG
  • Royal Dutch Shell plc
  • Total S.A.
  • Lubrication Engineers, Inc.
  • Chevron Corporation
  • Brewer-Hendley Oil Company
  • JXTG Nippon Oil & Energy Corporation
  • FUCHS Petrolub SE
  • ENGEN PETROLEUM LTD
  • Paras Lubricants Ltd.
  • Matrix Specialty Lubricants B.V.
  • Perto-Canada Lubricants Inc.

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

The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation

Hydropower lubricants market can be segmented on the basis of base oil, degradability, performance and equipment specific applications.

On the basis of base oil, hydropower lubricants can be segmented by:

  • Mineral oil
  • Synthetic oil

On the basis of degradability, hydropower lubricants can be segmented into:

  • Biodegradable
  • Non-biodegradable

On the basis of performance, hydropower lubricants can be segmented as:

  • Heavy duty lubricants
  • Light duty lubricants

On the basis of equipment specific applications, hydropower lubricants can be classified into:

  • Hydraulic fluids
  • Lubricants for generator bearings
  • Gear oils
  • Turbine oils
  • Wire ropes lubricants
  • Lubricating greases
  • Others

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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Automotive Sound Proofing Material Market by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2028

The sound emission from a vehicle engine as well as the sound from other sources when mixed is difficult to block or absorb. Thus, automotive sound proofing material derived by the manufacturers are an ideal solution, they act as a sound barrier or absorber in vehicles for soundproofing. Sound proofing mats/sheets are relatively flexible and moldable bitumen-based sheets. Automotive sound proofing material are generally made of rubber, which is odorless, non-toxic and non-corrosive, others.

The exceptional characteristics of these material are better adhesive backing, noise absorbing property and others. Few examples of soundproofing materials are fiberglass composite, barriers, sound insulations, and sound deadening material, seals and swipes, among others. Automotive soundproofing material find a wide range of application, they primarily control unwanted sound, which is inserted in the door panel, bonnet, boot, wheel arch, car sound systems and van conversions.

Global Automotive Sound Proofing Material Market: Dynamics

The growing concern regarding noise population is the major factor that drives the growth of the global automotive soundproofing material market. Increasing industrial development and intensive mechanization is expected to drive the global market during the forecast period.

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With the general growth rate of various industrial sectors, such as automotive, which is hovering at a high rate contributing to the economic growth, is also expected to drive the growth of the market over the coming years. Technology must be utilized according to changing and growing needs of consumers, whereas innovations in automotive industry have witnessed an upward growth trend over the recent past and are expected to witness a similar trend for automotive sound proofing material market throughout the forecast period.

Besides, rapidly increasing industrialization, urbanization and transformation of human life with the technology is expected to create significant growth opportunities for the automotive soundproofing material market at a global level. On the other hand, the adoption of electrical vehicles is growing rapidly owing to higher efficiency involved in electrical energy batteries.

The growth in the adoption of electrical vehicles, where there is no need for automotive sound proofing material, is one of the significant challenge for the key players in the global automotive sound proofing material market over the forecast period.

Global Automotive Sound Proofing Material Market: Regional Outlook

Geographically, the global automotive soundproofing material market is segmented into seven key regions, namely North America, Latin America, Asia Pacific, Europe and Japan. North America is expected to be a dominant region in the global automotive soundproofing market owing to growing demand for vehicles. ASEAN is expected to witness high growth rate in the global automotive soundproofing material market over the forecast period due to increasing urbanization.

Besides, growing economies in different parts of the world that are projected to exhibit high adoption of modern technologies are expected to emerge as the targeted countries by the automotive soundproofing material market participants. The improved technologies and automation to support production of automobiles in Western Europe are factors estimated for Western Europe to hold significant position in the automotive sound proofing material market by the end of 2028.

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Global Automotive Sound Proofing Material Market: Key Players 

Examples of some of the key players identified across the value chain of the global automotive sound proofing material market are:

  • Megasorber Pty Ltd
  • Soundproof cow
  • Automobile Trimmings Company
  • Silent Coat UK
  • Kejian Polymer Materials (Shanghai) Co.,Ltd
  • Shenzhen super car audio products co., LTD
  • Himalyan Acoustics (Kool Pack & Allied Industries)
  • Sound Deadening Shop.
  • Guangzhou Xinghang Insulating Material Co., Ltd

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

The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Automotive Sound Proofing Material Market: Segmentation

The global automotive sound proofing material market can be segmented on the basis of product type and regions.

On the basis of product type, the global automotive sound proofing material market is segmented as:

  • Fiberglass composite
  • Barriers
  • Vinyl Barriers
  • Temporary Barriers
  • Sound Insulation
  • Sound deadening material
  • Seals & Swipes
  • Others

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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Soil Stabilizers Market Outlook, Current and Future Industry Landscape Analysis by 2028

Soil stabilizers are increasingly gaining significance in several application segments owing to its capabilities of soil manipulation that help transform soil with insufficient bearing capacity into a usable ground for compacting and placing.

Upcoming Construction Projects in Leading Regions to Boost the Soil Stabilizers Demand

The overall soil stabilizers market is distributed across various key regions in the world where the ongoing and forthcoming construction projects reflect a promising opportunity for the manufacturers of soil stabilizers. The developed economies in the leading regions are majorly contributing to the demand growth of soil stabilizers. The continuously growing construction projects in the United States are expected to provide soil stabilizers market players with exceeding growth avenues in this region.

For example, the road and bridge construction project was announced by the Transportation Commissioner valuing nearly a billion dollars that would be carried out across Minnesota, US. This project triggers the need for equipment and machinery such as soil stabilizers. Moreover, another road construction project is cited to begin on Wichita’s North Junction in 2019 that received an investment of about $65 million by the Governor.

The Asia Pacific region is also expected to showcase growth opportunities when it comes to increasing airport construction investments. For instance, the airport projects in Beijing, China is expected to contribute to the increasing demand for equipment and machinery including soil stabilizers.

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The Beijing’s new Airport, which would be amongst the world’s largest airports is being developed by the alliance of five leading contractors. These contractors have chosen Wirtgen Group fleet, which is amongst the leading players in the soil stabilizers market.

Prevalence of Road Rehabilitation and Repair to Influence Need for Robust Machinery

Various nations were seen stepping towards transforming their road infrastructure and simplifying connectivity to reinforce key developments for the future. Asian country India, is seen strengthening its road infrastructure under the ‘Make in India’ initiative, where the country the 2016-2017 observed key focus on expansions in the Highway networks of India. Similar initiated where seen by North African country, Morocco, where road infrastructure was transformed under the five year program that was launched in the year 2014.

Need for Efficient and Reliable Equipment and Machinery to Foster Soil Stabilizers Market Growth

The high-paced and rapid industrial transformations and changing infrastructure of roads require efficient and reliable solutions that deliver the exact same soil stabilization that is needed by the project. Contractors are increasingly focusing on advanced solutions where key players such as Wirtgen Group are constantly working towards improving their product offerings. The company showcased advanced solutions for road construction in the Road Technology Days.

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Competitors to Leverage the Opportunities Offered by the Increasing Application of Soil Stabilizers

The companies and manufacturers of soil stabilizers are continually benefitting from the increasing use of soil stabilizers in the key industrial applications. The key players in the soil stabilizers market include FAE GROUP S.p.a., Terex Corporation, Caterpillar Inc., BOMAG GmbH (Fayat Group), Astec Industries, Inc. (Roadtec), and WIRTGEN GmbH.

  • Wirtgen GmbH, a major player recognized in the soil stabilizers market recently teamed up with Hamm rollers for creating a load bearing base for the 77 acre Benninghoven plant in Wittlich-Germany. Wirtgen is a chosen as a trusted brand when it comes to soil stabilizers with respect to its longetivity, working speed and handling.
  • FAE Group, another soil stabilizers market contributor introduced the soil stabilizers and stone crushers of the FAE Road MTH Series range. The company introduced the new machines which would find their application in the North European construction sites and are designed to ensure maximum reliability and efficiency.
  • Caterpillar Inc., a recognized soil stabilizers provider was seen partnering with the Russia Federal Highway Administration (RHA) in a deal for providing road construction technology training for federal contractors. With such programs, the company is dedicated to promote the Russian industry standards.

Classification of Soil Stabilizers Based on Application Provides Details Analysis of its Usability

When classified according to the application segments, the global soil stabilizers market is divided into airports, road construction, harbor facilities, oil fields, industrial facilities, and others including slopes, embankments, dams etc.

The research report on soil stabilizers market highlights a detailed evaluation of the whole market. It includes in-depth insights, historical and factual data, and industry-validated and statistically-supported data providing a better understanding of the soil stabilizers market. The report on soil stabilizers market includes predictions using adequate set of assumptions and methodologies. The research report on soil stabilizers market provides evaluations and data based on regions, technology, market segments, and applications.

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The report on market of soil stabilizers comprises of a detailed market assessment on

  • Segments of soil stabilizers market
  • Soil stabilizers Market Influencers
  • Soil stabilizers Market Size
  • Supply and Demand
  • Latest trends and challenges in the soil stabilizers market
  • Major Soil stabilizers manufacturers
  • Value Chain
  • Technology

Geographical Assessment includes

  • North America Market of Soil stabilizers including Canada and US.
  • Latin America Soil stabilizers Market including Mexico, Brazil, and Rest of Latin America.
  • Western Europe Soil stabilizers Market including Germany, Italy, U.K, France, Nordic countries, Netherlands, Spain, Luxembourg, Belgium, and Rest of Western Europe.
  • Eastern Europe Market of Soil stabilizers including Poland, Russia, and Rest of Eastern Europe.
  • Asia Pacific Market of Soil stabilizers including China, India, ASEAN, Australia & New Zealand.
  • Japan Soil stabilizers Market
  • Middle East and Africa Soil stabilizers Market including GCC, South Africa, and Rest of MEA.

The soil stabilizers market research study is an outlook of first-hand information gained by analyzing the market in a qualitatively and quantitatively. This data is gained with the help of research analysts, experts in the industry and participants across the value chain. The detailed assessment of the trends in the parent market, macro-economic segments, factors governing the market, and market attractiveness according to segments are all included in the report. The soil stabilizers market study also traces the influence of the several factors on the regions and market segments.

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 Us:

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Additives for Floor Coatings Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2028

Additives for floor coatings are being produced on a large scale owing to the significance given to the floor beautification and overall aesthetics in the household as well as commercial sector. The demand for additives for floor coatings has triggered the manufacturers of additives for floor coatings market to produce high-quality additives to ensure effective delivery for the customer’s requirements.

Additives for Floor Coatings Market Highlight: Additives for Floor Coatings with Anti-slip Technology

While there are various alternatives and options in the additives for coatings market, the anti-slip technology is gaining greater traction owing to its endless benefits. The participants of the additives for floor coatings market are harnessing these benefits by manufacturing and distributing these additives for floor coatings in the developed countries that showcase greater demand for additives for floor coatings for their industrial and other floors.

In line with this approach are various market contributors such as Tennant Coatings, Protective Industrial Polymers (PIP), All Garage Floors, and others. Leveraging the slip resistant technology, the players of the additives for floor coatings market are seen gaining a competitive edge while focusing on providing new innovative additives for floor coatings in future.

Market Introduction

In a building, the floor requires maximum maintenance, compared to the rest of the structures, as it is subjected to increased amount of load and heavy traffic. This may lead to scraping or other forms of wear. Floor coatings can offer protection against abrasion, chemical spills, slippery floor and/or resistance against impact depending on its typical application. Benefits of additives for floor coatings can include avoiding moisture damage, resisting corrosion and requiring low maintenance.

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Additives for floor coatings can also enhance the aesthetic aspects (several color combinations, patterns, etc.) of the floor, both internally and externally. Two types of floor coatings that are widely used are, epoxy floor coatings and urethane floor coatings. However, additives for epoxy systems are in much higher demand owing to its stability with concrete. Epoxies are initially liquids and are chemically changed to solids, transforming the floor coatings into mechanically strong and preventing them from chemical degradation.

There are numerous additives for floor coatings available and each offers several characteristics to adapt to the surrounding environment. Amount of floors that are being finished with such additives for floor coatings today is increasing around the world. Earlier, the application of floor coatings was limited to only production floors and warehouses. But recently due to the introduction of additives for floor coatings, it can soon be commercialized for many, not to say all, domestic uses. This can drop down the costs of additives and floor coatings even further down.

Additives for floor coatings such as anti-foaming additives (resists foam formation on the floor), wetting & dispersion additives (by using deflocculating effect, it imparts film stabilization), biocidal additives (to avoid damage caused by microbes due to humidity or impurities), rheology modification additives (structural changes or enhancing the thickness and viscosity of floor coatings), impact modifications additives (preventing the surface from deforming). Other additives properties include anti-settling, surface modification, drying and more.

Market Dynamics

Rising awareness among the industrial sector as well as other end users about the benefits of additives in floor coatings such as anti-slip, chemically resistant, mechanically durable, aesthetically pleasing properties also serve as a fuel to the high demand of additives of floor coatings. Increased industrialization and modern urbanization are the prominent factors that have tremendous potential to boost the market.

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On the contrary, the variable prices of the raw materials required for additives for floor coatings can be one of the obstructions in the growing trend of this market. But the increasing demand from the developing nations is expected to neutralize the effect of this restraint in the near future. Innovation is a vital market for the additives for floor coatings as this can further lower the manufacturing cost.

The greater share in floor coatings consists of Epoxy systems with Urethane systems occupying a comparatively smaller share due to its unstable interaction with concrete. Also, with strict government regulations coming into picture, a shift is observed from solvent-borne additives for floor coatings to water-borne additives for floor coatings and powder based additives for floor coatings which can be a prospective opportunity for the market players.

Regional Outlook

Market growth is likely to occur widely in the developing economies with a slight share to be experienced by the developed ones as well. Asia-Pacific and Middle East & Africa are regions where substantial growth in infrastructures is being observed. The same trend is expected to be followed in the near future boosting the additives for floor coatings market in these regions.

The key market players include AkzoNobel N.V., BASF SE, BYK Additives & Instruments, Arkema Group, The DOW Chemical Company, Solvay S.A., Evonik Industries AG, Eastman Chemical Company, and Momentive Performance Materials Inc.

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

The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation

Additives for floor coatings can be segmented on the basis of end use, applications and product types.

On the basis of end use, additives for floor coatings market can be segmented as:

  • Industrial use
  • Commercial use
  • Residential use

On the basis of application, additives for floor coatings market can be segmented into:

  • 100% Solid Epoxy Floor Coatings
  • Water-borne Epoxy Floor Coatings
  • Solvent-borne Epoxy Floor Coatings
  • Solvent Free Epoxy Floor Coatings
  • Encapsulant Floor Coatings
  • Radiation Curable Floor Coatings

On the basis of product, additives for floor coatings can be segmented by:

  • Acrylic additives for floor coatings
  • Urethane additives for floor coatings
  • Fluoropolymers additives for floor coatings
  • Metallic additives for floor coatings
  • Alkoxylates additives for floor coatings
  • Other additives for floor coatings

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 Us:

Future Market Insights Inc.
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Market Trends, Demand, and Global Analysis for Oracle Services from 2022 to 2029

Future Market Insights (FMI), in its new research study, offers an incisive analysis of the Oracle services market and lays bare actionable insights into growth prospects of the market during 2022-2029. According to the study, the oracle services market is estimated to be valued at US$ 13.8 Bn in 2022 and is estimated to grow by 13.6%, YOY, in 2022.

 2022 Market Value US$ 13.8 Bn
 2029 Market Value US$ 35.4 Bn
CAGR% (2022-2029) 14.4%
Share of Top 5 Market Players ~46%
The research study opines that demand for cloud services among enterprises continues to see a significant uptick, with some of the key reasons being complex workloads, increased server functionality, and high component costs. This, in turn, is estimated to bring in new opportunities for the key service vendors to level up their sales performance in the global market space.

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Oracle Cloud Services- The New Catalyst for Enterprise Growth

As Oracle solutions continue to embrace take the ‘customer-first’ approach, Oracle service providers are focusing on offering a comprehensive suite of services that would drive competitive advantages for their end users. According to the report, Oracle cloud services remains the most ‘in-demand’ service of all other available services, with global value estimated to reach US$ 4.3 Bn in 2022.

The upswing in investments in Oracle cloud services is a result of the sweeping transition of businesses toward cloud computing models in order to build, deploy, integrate, and extend applications in the cloud. Oracle cloud services are being extensively relied upon by enterprises to build their operational efficiency and reduce total cost of ownership, thereby making it a focal point for the market players to target in 2022 and beyond.

Though North America and Western Europe will continue being forces to reckon with in the Oracle services market, Asia Pacific excluding Japan (APEJ) is likely to reverse the game for the service providers by the end of 2029.

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As majority of economies in APEJ have started reflecting positive economic growth rates in the recent years, a new heap of opportunities is likely to emerge for the Oracle service providers to take advantage of. BFSI will continue to sustain high demand for Oracle services, followed by Retail & CPG, as the former and the latter are undertaking strategic customer service transformations and investing in advanced services to achieve the same.

According to the report, the Oracle service providers are shifting their focus toward opportunities springing up in the space of SMEs, as small and medium enterprises make up a significant percentage of the total number of businesses operating worldwide. The market players are also focusing on mergers and acquisitions to diversify their portfolio and grow with the ‘combined-expertise’ advantage.

Newer service offerings with umpteen benefits continue to be the kernel of the market players’ business strategies, unveils the FMI analysis. For instance, in February 2022, Wipro announced official launch of the ‘Quick Migration to Cloud (QuMiC)’, a platform that allows enterprises in smooth migration to Oracle Cloud.

Read Related Reports:

https://medium.com/@akshay.shinde.vu/codeless-testing-market-2022-outlook-current-and-future-industry-landscape-analysis-2031-dd9f1d38c79d
https://medium.com/@akshay.shinde.vu/demand-for-real-time-store-monitoring-platforms-is-still-anticipated-to-increase-between-2021-and-2f6a00909f37
https://www.dronepilotlari.com/blogs/50607/Codeless-Testing-Market-2022-Outlook-Current-and-Future-Industry-Landscape
https://acatpg.mn.co/posts/26414463

About Future Market Insights (FMI)

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

Contact:

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According to a detailed research report by FMI, the mobile CRM market would be worth $52.4 billion by 2029

According to a new research study by Future Market Insights (FMI), the global mobile CRM market is estimated to value over US$ 26.2 Bn in 2022, up from US$ 13.5 Bn in 2021.

Growth of mobile CRM market is underpinned by a slew of factors, spanning from evolving gears of technology to ubiquitous use of smartphones. Businesses, in order to adopt agility and dexterity as two of their core values, are counting on platforms that mobilize management of customer relationships. This, in turn, is likely to work in favour of mobile CRM market through 2029 and create new opportunities for the vendors to expand their offerings and reap profits.

Mobile CRM Market Size (2022) US$ 26.2 Bn
Predicted Net Worth (2029) US$ 52.4 Bn
 Global Market Growth (2022-2029) 10.4% CAGR
North America Market Share 25.7%

As per the report, with the growth of digitized workforces, real-time access to critical information is no longer a “nice to have” aspect, rather it is a necessity to foster streamlined operations. Modern businesses are placing customer satisfaction at the top of their priority list and are actively seeking fine-grained insights for their sales realms to access on the go. This, in turn, is preparing the grounds for high scale adoption of mobile CRM platforms across the globe through 2029.

According to the report, ‘CRM on demand’ is one of the overarching trends introducing major reforms in the mobile CRM market, as enterprises are increasingly turning to cloud-based suites that promise immense flexibility and scalability.

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“Trends in the mobile CRM market space point to an ever-increasing end user preference for efficiency and reliability. Considering this, key vendors in the mobile CRM market space are pushing their limits and bringing out new innovations for weaving successful end user experiences”.

According to the research study, BFSI ranks among some of the early adopters of mobile CRM till 2021 and beyond, with revenues estimated to surpass US$ 3 Bn in 2022. However, retail units are likely to overtake BFSI as one of the significant spenders on mobile CRM solutions in the latter half of the assessment period, as the retailers are rapidly turning to mobile CRM platforms for streamlining the aspects of their sales funnels. Adoption of mobile CRM in healthcare is also estimated to pick pace through 2028, given that healthcare services worldwide are shifting their focus toward ‘value-based care’ models.

Large enterprises are likely to lead the race of mobile CRM adoption, followed by medium enterprises, unveils the research study. As large and medium enterprises are pulling their socks up to positively engage customers and stay highly competitive, adoption of mobile CRM across these enterprises will most assuredly gain new heights. Revenue opportunities for vendors of mobile CRM market remain imminent, as sales personnel across organizations, regardless of their size, are vying to make informed decisions that are ‘data-driven’.

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‘Pay-Per-Use’ Pricing Model: A Strategy Winning Over End Users

Considering the dynamicity of end user preferences, key vendors in the mobile CRM market are largely focused on R&D investments for unceasing developments. As price follows efficiency as the second-most important factor dictating purchase decisions, vendors are offering flexible ‘pay per use’ pricing models, as end-use preference for flexible pricing is causing a distant move away from subscription models.

Acquisitions and partnerships will continue being a vital part of the growth strategies of market players. For instance, in February 2021, AMDOCS announced its acquisition of Ubiquity, a leading firm offering premium digital content services and technology solutions. This acquisition was aimed at adding premium content capabilities, which include licensing, processing, and delivery, and positioning AMDOCS at the centre of increased convergence across content community and video distributors.

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https://www.dronepilotlari.com/blogs/50607/Codeless-Testing-Market-2022-Outlook-Current-and-Future-Industry-Landscape
https://acatpg.mn.co/posts/26414463

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/mobile-crm-market
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