Market Research Blog – Page 11236 – New Product Development

Technical Films Market Increasing Demand for High Barrier Packaging Films in the Food and Beverage Sector in Prominent Regions

The technical films market constitute around 12-13% of the global multilayer flexible packaging market worth US$ ~267 Bn in 2022.

The technical films market saw some lucrative growth in 2022 with worldwide revenues up 5.5% year over year. A new forecast by FMI estimates that technical films market is anticipated to create an incremental opportunity of US$ ~12.7 Bn during the forecasted period

Global Technical Films Market: Forecast Highlights

According to Future Market Insights, the global technical films market is anticipated to reach a value higher than US$ 47 Bn by the end of the year of assessment from a value of around US$ 36.6 Bn in 2022. The global technical films market is projected to grow at a high value CAGR of 5.3% throughout the period of assessment.

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Global Technical Films Market: Competitive Scenario

The global technical films market research report covers analysis on key players in the market. The companies such as

Saudi Arabia Basic Industries Corporation (SABIC),
Borealis AG,
Selenis Portugal S.A.,
Vizelpas,
Floter Verpackungs Service GmbH,
HYPAC Packaging Pte Ltd.,
Bioplast,
Futamura Chemical Co. Ltd.,
Polifilm GmbH,
Perlen Packaging AG,
HAFLIGER Film Spa,
Kuhne Anlagenbau GmbH,
Idealplast Srl and
Cassioli Srl

are profiled in this research report.

Global Technical Films Market: Aspects Impacting Growth

Expanding demand for packaged food triggering the demand for technical films, sustained growth in building and construction, increasing demand for anti fog films for fresh produce applications, growing inclination towards high performance surface protection material, growing emphasis on manufacturing of smaller pack size barrier packaging and staggering growth in the electronics market are pushing the growth of the global technical films market.

However, lack of competency in manufacturing technology for technical films and non-availability of feed stock coupled with shortage of technological equipment and machinery for flexible barrier packaging are posing hindrances to the global market’s growth.

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Global Technical Films Market: Segmental Snapshot

The global technical films market is segmented on the basis of film type, end use industry, material type, thickness type and region.

By film type, the barrier film segment is estimated to reach a huge valuation of more than US$ 22 Bn by the end of the year of assessment. The safety and security film segment is projected to grow at a comparatively high value CAGR of 6.5% during the period of forecast.
By end use industry, the food and beverage segment is expected to be the largest in terms of market share and is likely to dominate the global market. The building and construction segment is poised to significantly contribute to the market value of the global technical films market.
By material type, the polypropylene segment is projected to grow at the fastest pace to register a value CAGR of 6.6% during the period of forecast. The polyethylene segment is expected to reflect a high market valuation by the end of the year of assessment.
By thickness type, 50-100 microns are largely preferred. This segment is expected to have a large market share and is estimated to reach a value more than US$ 17 Bn by the end of 2027.
By region, Asia Pacific excluding Japan (APEJ) is a highly lucrative regional market presenting huge growth opportunities for technical films. The technical film market in the APEJ region is anticipated to reach a high market valuation and is projected to grow at the highest rate during the period of forecast.

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Technical Films Market By Category

By Film Type:

Stretch Film
Shrink Film
Barrier Film
Conductive Film
Safety & Security Film
Anti-Fog Film
Other Technical Films

By Material:

Polyethylene (PE)
- LDPE
- LLDPE
Polyethylene terephthalate (PET)
Polyamide (PA)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Ethylene vinyl alcohol (EVOH)
Polyurethane (PU)
Aluminum
Polycarbonate (PC)
Others

By Thickness Type:

Up to 25 microns
25-50 microns
50-100 microns
100-150 microns
above 150 microns

By End Use Industry:

Food & Beverage
Cosmetic & Personal Care
Chemical
Agriculture
Building & Construction
Pharmaceutical
Electrical & Electronic
Automobile
Others

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/technical-films-market
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Bubble Wrap Packaging Market is Expected to Witness Effervescence by Reaching US$ 3.8 Bn by the Year 2029

Future Market Insights delivers vital insights on the bubble wrap packaging market in its published report titled, “Bubble Wrap Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029”. In terms of revenue, the global bubble wrap packaging market is projected to expand at a CAGR of ~3% during the forecast period, owing to numerous factors upon which FMI offers thorough insights and forecasts in this report.

The global bubble wrap packaging market has been segmented on the basis of product, material, end-use industry, and region. The global market is expected to expand 1.4x in terms of market volume by the end of 2029.

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Noteworthy Progression of Bubble Wrap Packaging in the e-Commerce Industry

Bubble wrapis a flexible and transparent plastic material used for the packaging of especially delicate items. Regularly spaced, protruding air-filled hemispheres (bubbles) provide cushioning for breakable items. Bubble wrap packaging is widely used in a number of end-use industries such as e-Commerce, manufacturing & warehousing, logistics, and transportation. The extensive application of bubble wrap packaging is identified in e-Commerce industry, and it is anticipated to increase at a CAGR of ~4% during the forecast period.

The retail industry has witnessed huge makeover in every sectors. Consumers are getting more inclined towards online purchasing due to rising consumers’ discretionary income and reluctance to spend more time on shopping. This leads to the steady progress in the e-Commerce industry.

Growing number of online resellers are motivating players such as Amazon and Target to come up with the best packaging formats to undercut rivals and offer cheaper, faster shipping with special packaging methods. Proetctive packaging and air pillows are favored means of protection, especially for online orders, thereby significant contributing to the growth of the bubble wrap packaging market.

According to study conducted by Pregis Corporation & Packaging Insights, it has been concluded that 73% of consumers are unlikely to repurchase from the company after receiving damaged items. Packaging is especially taken care of by all manufactures as they are focused on consumers’ needs and don’t want to lose them either. This would lead to surge in demand for bubble wrap packaging, as protective packaging plays a vital role to retain online customers and enhance the brand image of the company.

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East Asia to Hold Prominent Share in the Bubble Wrap Packaging Market

Geographically, Asia holds nearly one-third of the world’s bubble wrap packaging market, and the trend is likely to continue in the years ahead, especially in the East Asia market. In addition, China and India are major markets, which are expected to witness high Y-o-Y growth in upcoming years.
Opportunity for the bubble wrap packaging market is likely to be less in the European region as compared to other global markets. Most of the governments in European regions are encouraging end users to prefer recyclable or degradable materials for packaging. This has motivated manufacturers including Vereinigte Papierwarenfabriken GmbH, Storopack Hans Reichenecker GmbH, Goldfoam Sp. o .o., and Sealed Air Corp. to develop greener bubble wrap packaging. Thorough research and innovation has led to develop iBubble wrap packaging, which is an eco-friendly product.
Countries in South Asia, especially India and Thailand markets are expected to grow at a significant rate in comparison to other countries in the region. In Europe, Benelux market is anticipated to witness a higher growth in the bubble wrap packaging market, while Italy is anticipated to face sluggish growth in bubble wrap packaging market in the region. Oceania, Latin America, and MEA regions are expected to cumulatively constitute one-sixth of the total share in the global bubble wrap packaging market. The Oceania bubble wrap packaging market is anticipated to remain steady in the upcoming years.
The North American bubble wrap packaging market is expected to witness sluggish growth. However, Latin America is projected to witness consistent growth in the bubble wrap packaging market in upcoming years, with the Mexico bubble wrap packaging market holding a prominent share due to its developing economy and high chance of market expansion in years ahead.

Recyclable Content in Bubble Wrap as an Additional Value

Leading manufacturers’ choice includes addition of 25-60% recycled content in the bubble wrap packaging to reduce its environmental impact. Recyclable bubble wrap packaging will help manufacturers to maintain their foothold in the evolving protective packaging industry. The rise in awareness of drawbacks of plastic consumption and its non-disposable property have motivated manufactures to opt for recyclable packaging methods, especially for fragile products.

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Key Segments Covered In Bubble Wrap Packaging Industry Research

By Product:

Bubble Sheets
Bubble Bags/mailers

By Material:

LDPE
HDPE
LLDPE

By End-use:

Manufacturing & Warehousing
- Pharmaceuticals
- Electronics & Electricals
- Automotive & Allied Industries
- Food & Beverages
- Cosmetics & Personal Care
- Others (Agriculture, Healthcare etc.)
e-Commerce
Logistics & Transportation

By Region:

North America Bubble Wrap Packaging Market
Latin America Bubble Wrap Packaging Market
Europe Bubble Wrap Packaging Market
East Asia Bubble Wrap Packaging Market
South Asia Bubble Wrap Packaging Market
Oceania Bubble Wrap Packaging Market
Middle East & Africa (MEA) Bubble Wrap Packaging Market

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Time Temperature Indicator Labels Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2030

The global time temperature indicator labels market has been moderately affected from 2019 to 2020, with the challenges posed by the COVID-19 pandemic. Restrictions on production, international trade, and supply chains held back short-term growth.

According to a new report by Future Market Insights (FMI), the market crossed US$ 742 Mn through 2019, with a healthy 6.6% CAGR till the end of the forecast period in 2030. According to the report, innovations in intelligent packaging solutions and enzymatic labels are support long-term developments.

In spite of the positive prospects of the time temperature indicator labels market, low awareness about time temperature indication technologies, especially in developing countries might hold back market growth.

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Key Takeaways

The size of the time temperature indicator labels market is estimated to surpass US$ 776 Mn by the end of 2020, with food and drug storage and transport applications being major driving factors for the market
Pharmaceutical manufacturers will remain primary end users, while applications in food and beverage processors are expected to grow at a relatively faster rate driven by the adoption of cold supply chains
Critical time and temperature indicator technologies will account for higher demand owing to cost and weight benefits, accounting for over 80% of the market
Europe followed by North America are leading regional markets for time temperature indicator labels, supported by the presence of leading pharmaceutical players and strict regulations in terms of health and food safety

“Growing levels of domestic and international trade for perishable commodities is a major driver of the global time temperature indicator labels market. Extensive application of these labels for clinical products, seafood, and wine especially in developing countries will continue boosting the shipping of these items, in turn creating lucrative prospects for time temperature indicator labels sales” says the FMI Analyst

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Covid-19 Impact Analysis

The covid-19 pandemic has had a moderate impact on the global time temperature indicator labels market. Supply chain disruptions and restrictions on manufacturing activities due to lockdown have hindered short-term market prospects.

Manufacturers have taken to diversifying supply chains away from China to minimize the impact of the outbreak. The need for cold supply chains for the covid-19 vaccines are likely to prove lucrative to market players.

Also, the growth of the ecommerce sector during the pandemic and online purchases of drugs and food has created lucrative growth opportunities, which is helping in cutting down losses during the crisis period.

Competitive Landscape

Major players in the time temperature indicator labels market landscape include 3M Company, CCL Industries Inc., Temptime Corporation, Bizerba SE & Co. KG, Delta Trak Inc., Thin Film Electronics ASA, Biosynergy Inc., Evigence Sensors, Insignia Technologies Ltd., and La-Co Industries Inc. among others.

Manufacturers are increasingly relying on product development and launch strategies to incorporate novel tech advancements in addition to acquisitions, mergers, and geographical expansion to offer improved solutions and to widen their consumer base in a fragmented market landscape.

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More Insights on FMI’s Time Temperature Indicator Labels Report

Future Market Insights in its latest report offers a detailed analysis of the global time and temperature indicator labels market covering historical demand from 2015 – 2019 and forecast data for the period between 2020 and 2030. The study covers projections of growth in the market in terms of product type (color only based and barcode based), label information (critical temperature indicators, critical time temperature indicators, and time temperature indicators), technology (microbiological, diffusion, polymer-based, photochemical, enzymatic, and others), and end use industry (pharmaceutical, food & beverage, chemical & fertilizers, and others), across seven key regions.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

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Demand for dolomite is expected to grow as industries are aim for emission control & waste reduction

The global dolomite market is anticipated to expand at a steady 4.4% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing demand from construction industry is boosting sales of dolomite. The increasing demand from construction and agrochemicals industry is expected to remarkably contribute towards the expansion of the dolomite market.

Base Year Value (2020A)	US$ 3.28 Bn
Estimated Year Value (2021E)	US$ 3.41 Bn
Projected Year Value (2031F)	US$ 5.28 Bn
Value CAGR (2021-2031)	4.4%
Collective Value Share: Top 3 Countries (2020A)	52.7%

Rapid development of the building and construction sector in emerging countries, especially in Asia Pacific and the Middle East & Africa is propelling sales of dolomite. Increase in the production of agrochemicals and cement is expected to bolster the consumption rate of dolomite.

Besides this, the market will gain from the surging consumption of dolomite in industries such as, water & sludge treatment, glass & ceramics, and construction. These industries collectively hold more than two third of market share in the global dolomite market.

Backed by the aforementioned factors, the global dolomite market is projected to top US$ 5.28 Bn by 2031. As per FMI, geographically, the market is estimated to be dominated by East Asia.

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Key Takeaways:

By material type, demand for calcined dolomite is expected to surge at a 4.0 % CAGR over the forecast period.
The sintered dolomite segment is projected to hold approximately 67.9 % of the total market share in 2021 and is anticipated to remain dominant in the near future.
Application of dolomite in the cement segment is anticipated to grow at a 4.4 % CAGR through 2031.
China is expected to emerge as an attractive dolomite market, with sales growing at a 4.8% CAGR in 2021.
Japan and South Korea will collectively account for 28.3 % of the total East Asia dolomite market share through 2031.

“Over the assessment period, sales of dolomite is expected to be driven by the growing construction and infrastructural activities across the globe. Besides this, the demand will be stimulated by surging production of glass & ceramics, agrochemicals, pharmaceuticals and animal feed,” says an FMI analyst.

Competitive Landscape

Key market participants in the global dolomite market elaborated in the report includes Imerys, Omya AG, Calcinor SA, RHI-Magnesita, Vardar Dolomit, Sibelco, Lhoist, JFE Minerals Co, Essel Mining & Industries Limited, Carmeuse others.

The market players are expected to gain from the increase use of dolomite in cement production in order to decrease gas emission and operating expenditure. To capitalize on existing opportunities, leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels. For instance:

In On March 20, 2020, RHI Magnesita acquired Kümaş Manyezit Sanayi A.Ş., a company active in the mining and processing of raw dolomite.

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Dolomite Market by Category

By Material Type:

Calcined Dolomite
Agglomerated Dolomite
Sintered Dolomite

By End-Use:

Cement
Agrochemicals
Mining & Metallurgy
Pharma & Healthcare
Glass & Ceramics
Water & Sludge Treatment
Animal Feed

By Region:

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

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

5. Global Dolomite Market Demand Analysis 2016-2020 and Forecast, 2021-2031

To be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/dolomite-market
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Calcium Acetate Market Set for Modest Growth through 2029, Receives Impetus from Pharmaceutical Industry

Steady demand for calcium acetate continues to arise from various end-use industries such as food & beverages, pharmaceuticals, textiles, agriculture and petroleum. Global calcium acetate market is poised for modest growth at approximately 3% CAGR through the duration of projection period (2019-2029). Moreover, manufacturers are focused on undertaking growth-oriented strategies for long-term competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to Drive Global Calcium Acetate Market

Role of calcium acetate in treating hypophosphatemia has emerged as a crucial pharmaceutical application. Patients suffering from kidney diseases are given oral prescriptions of calcium acetate while they are on dialysis. Calcium acetate significantly reduces the risk of stroke or heart disease by eliminating unsafe build-up of phosphate in the human body.

Key Takeaways of Calcium Acetate Market Study

Role of calcium acetate in food preservation is projected to facilitate the overall market growth through the forecast period.
Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
Accelerating R&D activities for diversifying end-use applications is contributing to calcium acetate market growth.
Gains in calcium acetate market will be concentrated in Asia Pacific and North America.
Availability of alternatives would hinder the growth of calcium acetate market in the foreseeable future.
Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture majority share through the forecast period. Higher income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying the applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include, but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts towards broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand foothold in emerging countries, they must opt for capacity expansion strategy.

More about the Report

FMI’s study offers an in-depth market forecast and analysis on the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America and North America).

Calcium Acetate Industry Leaders to Focus their Efforts on Capacity Expansion through 2029

Key players in the consolidated calcium acetate market include, Alemark, Merck Millipore, GFS Chemicals, Richman Chemical, Allan Chemical Corp., Avantor Performance Materials, AVA Chemical PVT. LTD., and Hawaii Chemicals & Scientific. Leading players are leveraging economies of scale for sustained competitive advantage.

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Calcium Acetate Market: Segmentation

The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Function

Texturizer
Stabilizer
Thickener
Firming Agent

Application

Pharmaceuticals
Agriculture
Food and Beverages
Pet Food

Region

North America
Latin America
Europe
MEA
Asia Pacific

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Function Innovation / Development Trends

4. Key Success Factors

To be continued…!

About FMI

Contact:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/calcium-acetate-market
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Anti-seize Compounds Market projected to grow at 4.1% CAGR between 2022 and 2029

According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Mn by 2029.

Anti-seize Compounds Value (2021A)	US$ 171.9 Mn
Anti-seize Compounds Value (2022E)	US$ 179.0 Mn
Anti-seize Compounds Value (2029F)	US$ 236.4 Mn
Value CAGR (2022-2029)	4.1%
Collective Value Share: Top 3 Countries (2021A)	45.9%

Substantial growth in the anti-seize compounds market is mainly backed by the growth of the automotive & transportation industry, which holds a prominent share in the consumption of anti-seize compounds, closely followed by the petrochemical sector. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds.

“In most end-use industries, galling or seizing can increase maintenance time, resulting in longer shutdowns or closure. Increasing use of anti-seize compounds has enabled end users to reduce maintenance cost as well as time, and has simultaneously offered an efficient solution for improving gasket performance.”

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Key Takeaways of Anti-seize Compounds Market Study

Anti-seize compounds serve almost all major end users, including automotive & transportation, petrochemicals, mining, and others. The industrial sector in Asia Pacific is growing substantially, thereby increasing the demand for anti-seize compounds in the region.
Copper grade anti-seize compounds find use in almost all end-use industries; hence, the segment is the most prominent amongst other grades. The nickel grade anti-seize compounds segment is anticipated to grow at a substantial rate, as these are increasingly being preferred in industries such as petrochemicals, oil exploration, and other industries where chemicals are involved, on account of nickel’s inert nature.
East Asia is a prominent market for anti-seize compounds, and is expected to continue its dominance, owing to its strong industrial growth and high adoption of the product in the region.
Increasing awareness about the need for protection of the environment and prevention of soil contamination has restricted the use of metallic anti-seize compounds on a global scale. Moreover, users are preferring nonmetallic anti-seize compounds over metallic ones, owing to their high cost.

Market Landscape is Fairly Fragmented

The global anti-seize lubricants market is fairly fragmented, owing to a number of players holding small shares in the market. Top ten established players account for more than one-third of the total supply. Manufacturers are focusing on strengthening their partnerships with end users and original equipment manufacturers (OEMs). Established players provide services to end users, which is an added advantage and will help them build relations for long-term supply. Key players such as Anti-Seize Technology, Henkel AG & Company, KGaA, Permatex, Inc., DuPont, Bostik, SAF-T-LOK International Corporation, FUCHS, Calumet Specialty Products Partners, 3M Company, CSW Industrials, Inc., and others are also focusing on marking their direct presence in local markets.

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ANTI-SEIZE COMPOUNDS MARKET TAXONOMY

Grade

Silver Grade
Nickel Grade
Food Grade
Marine Grade
Copper Grade
Regular Grade
Nuclear Grade
Non-metallic Grade
Zinc/Aluminum Grade
Special Purpose Anti-seize Grade

Sales Channel

Offline
Online

Container Type

Cans
Cartridges
Drums
Other Containers

End Use

Automotive & Transportation
Construction Equipment
Aircraft
Mining Equipment
Food Processing Equipment
Marine
Power Generation
Oil Exploration Equipment
Steel Foundry
Petrochemicals
Textile Equipment
Others

Table of Content1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Anti-Seize Compounds Market Demand Analysis 2014–2021 and Forecast, 2022–2029

To be continued…!

About FMI

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Blind Spot Detection Market is projected to reach a valuation of US$ 1.9 Billion in 2022

In 2021, the blind spot detection market was worth US$ 1.9 Bn. Blind spot detection system sales are anticipated to grow at an astounding 13.9% CAGR, with a market value of US$ 8.1 Bn by 2032. The report predicts that the combined sales of camera sensors and radar sensors will amount to US$ 1.7 billion.

Pedestrian safety is becoming a priority owing to high incidence of road accidents. With the increasing complexity of traffic and growing number of vehicles on the road, demand for technologically equipped vehicles with sensors is increasing.

In near future, passenger vehicles and heavy commercial vehicle is expected to be equipped with ADAS systems such as blind-spot detection at a considerable pace. Blind-spot detection (BSD) systems can be a valuable technology for drivers at night or in adverse weather conditions.

Several commercial vehicles are large in size and despite being well-equipped with mirrors, they have poor visibility which increase the risk of accidents. Drivers are unable to see areas adjacent to the vehicle thus side collision with the heavy vehicle is imminent. This is compelling all heavy duty manufacturers to install BSD, which is expected to bolster the growth in the market.

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Automobile manufacturers are subject to stringent passenger safety regulations and standards, which are imposed by various government bodies in various countries.

During the forecast period, the automotive industry’s technological growth, focus to adopt advanced technologies, develop structured safety features, and a rising adoption of autonomous vehicles is anticipated to create opportunities for the blind spot detection market.

During the forecast period, the global BSD market is anticipated to be benefited from an increase in per-capita spending power in developing economies, as well as growing demand for premium and luxurious features in passenger vehicles.

“Rising demand for passenger vehicles equipped with ADAS is expected to fuel sales of blind spot detection systems. Besides this, stringent regulations regarding the adoption of safety systems in commercial vehicles will propel the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

By technology type, sales in the camera sensor segment are expected to grow at a 13.8% CAGR over the forecast period.
The U.S. will continue dominating the North America blind spot detection market, with total sales reaching a valuation of US$ 4 Bn in 2022.
By Region, Europe and East Asia is expected to remain key markets for BSD, about 60.0% of the total market share by 2032.
Based on vehicle type, the passenger vehicle segment is forecast to dominate the market with more than 69.2% of the total market share.

Competitive Landscape

Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Continental AG, Magna International, and Mobileye are some of the key manufacturers of BSD system.

Manufacturers /developers of blind spot detection are focusing on mergers, acquisitions and collaborations with OEMs and start-ups to improve their product portfolios and to gain a competitive edge in the market.

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ADAS Market by Category

By Technology:

Ultrasonic Sensor
Lidar Sensor
Radar Sensor
Camera Sensor
Infrared Sensor
Pressure Sensor

By Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket

By Vehicle Type:

Passenger Vehicle
Heavy Commercial Vehicle
Light Commercial Vehicle

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

4.4. Supply Chain Management

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5. Global Blind Spot Detection Market Demand Analysis 2017-2021 and Forecast, 2022-2032

Caulking Gun Market Demand: As per FMI Analysts, the global caulking gun market is estimated to be valued at US$ 4.2 Billion in 2022 and is projected to increase at a CAGR of 5.5% in the forecast period from 2022 to 2032.

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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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Hammer Mill Market is projected to reach a valuation of US$ 665.7 Million in 2022-FMI

The size of the world’s hammer mill market, which was approximately US$ 641.3 million in 2021, is projected to rise at a CAGR of 4.3% to US$ 1,016 million by 2032.

Hammer mills are equipment that reduces bulky, mobile materials like rock and mineral ores to minute fragments. Hammer mills are used for a variety of tasks, including grinding grain into coarse flour in farm equipment and in the production of fruit juice, ethanol, paper shredding, and waste management systems.

These devices provide a quick and effective method for processing large quantities of ingredients. They can withstand heavy use and are also incredibly trustworthy. Its use in the food industry is growing as a result of this USP. likely to show encouraging growth.

They may be utilized in a broad range of sectors due to their diverse processing capabilities, and the speed can be modified to meet varied materials.

Hammer mills are becoming increasingly popular these days. The primary reason for this is that they are extremely adaptable devices. They may be utilized for a variety of purposes, including the generation of biomass and feed. They are also incredibly efficient and capable of handling a big volume of material.

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“Increased machine utilization and demand for high-quality goods in various sectors, as well as the integration of smart devices into equipment, are driving the expansion of the hammer mill market,” says an FMI analyst.

Key Takeaways:

At a CAGR of 5.8%, the fastest-growing product type is Pneumatic Discharge from 2022 to 2032.
From 2017 to 2021, the market for Hammer Mill increased at 3.4% CAGR and is expected to grow by 4.3% in 2022
Over the forecast period, the hammer mill market in Germany is projected to grow at a significant CAGR of 3.9%.
Over the forecast period, the hammer mill market in the agriculture sector is projected to grow at a significant CAGR of 4.2%.
By Sales Channel, OEM is set to account for more than 95% of the global market
By 2032, East is estimated to have the largest share of the global market, accounting for more than 48%.

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hammer mill designs are available in the market, each with its unique set of benefits. They are great for use in residential areas because of their low vibration and noise levels, but they are also a good investment for commercial applications because of their durability and minimal maintenance needs. They are utilized in a broad range of sectors due to their diverse processing capabilities, and the speed can be modified to process varied materials.

Hammer mills are extremely adaptable devices. They are utilized for a variety of purposes, including the generation of biomass and feed. They are also efficient and capable of handling large volumes of material.

Therefore, hammer mills are increasingly being installed in plants, amid growing worries regarding renewable energy sources. Finding stable energy sources is becoming challenging, which is why many businesses are seeking for methods to improve their efficiency.

Multipurpose hammer mills are versatile grinders that can grind a variety of dry, free-flowing materials. These hammer mills were created to meet the requirements of villagers who are trying to tackle the problem of excessive agricultural waste. The necessary equipment is basic, affordable, and straightforward to use. It can be used for various raw materials such as animal and poultry feed, chemicals, food products, spices, and dry soaps.

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Hammer mills are suitable for breaking hard, dry materials such as straw,maize cobs, wood chips, and other fibrous materials. They are effective foruse in residential areas because of their low vibration and noise levels, butthey are also a good investment for commercial applications because of theirlong life and minimal maintenance needs. They may be utilized in a broad rangeof sectors due to their diverse processing capabilities, and the speed can bemodified to meet varied materials. Hammer mills are becoming increasingly popular these days. The primary reasonfor this is that they are extremely adaptable devices. They may be utilizedfor a variety of purposes, including the generation of biomass and feed. Theyare also incredibly efficient and capable of handling a big volume ofmaterial.

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Competitive landscape

The demand for low noise, impact-full hammer mill is compelling manufacturers to invest in research and development to gain a competitive edge in the market.

Hammer mill manufacturers are also striving to integrate advanced technologies and are striving to provide hammer mill at a very competitive price. Fors instance:

In May, Andritz launched a new recycling shredder, ADuro product line for processing primary and secondary shredding and breaking.

Some of the key hammer mill manufacturers included in the report are Andritz, Sandvik AB, Manfredini & Schianchi Srl, Prater Industries, Kurimoto Group, Hosowaka Micron Corporation, Rasa Corporation, Lehra Fuel Tech Pvt Ltd, Perkin Elmer, Kahl & Schlichterle, Schenck Process Holding Ltd Gmbh, Gebr Bellmer Gmbh Maschinenfabrik and Doppstadt.

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Baby Powder Market Development by Companies Outlook, Growth Prospects & Key Opportunities 2022-2029

The worldwide baby powder market is ready to extend at more than 5.20% CAGR, outperforming a valuation of US$ 1,449.2 Mn through 2029. Moving inclination for natural fixings in baby powder is making significant tailwinds in the market. Because of this, the general deals in the market enrolled year-on-year development of 5% in 2022.

The baby powder market to observe a CAGR of 5.20% during the conjecture time of 2022-2029.Over the beyond couple of years, various investigations have expressed that powder based baby powder, when breathed in, may cause bath powder harming. Bath powder harming brings about fever, hack, jerking, breathing issues, breakdown, spasms, and even demise.

Consequently, producers are moving the base fixing from talcum to plant-based fixing, for example, corn-starch, arrowroot, rice powder, and baking pop and custard starch. For example, the main player of baby powder Johnson and Johnson Company reinforce their item portfolio by presenting three variations of baby powder that are corn-starch-based.

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Key Takeaways of Baby Powder Market Study

Talc-based baby powder was a dominant segment in the market. However, corn-starch-based baby powder is expected to gain considerable traction during the forecast period, attributable to perception of corn-starch as a safer and organic ingredient with relatively larger particles as compared to talc.
North America and Europe combined account about 50 percent of market share in global baby powder market owing to high penetration rate in these regions.
The premium price products segment is estimated to witness a significant CAGR growth in the global baby powder market over the forecasted period, owing to premiumization of baby powders associated with high safety and quality standards.
The product availability of conventional baby powder is high in the market as compared to organic baby powder. Also, organic baby powder are relatively expensive. As a result, conventional baby powder has high sales.

“Manufacturers in the baby powder market can gain significant profits by targeting developing countries in the Middle East and Africa, attributable to anticipated higher birth rates in these regions during the forecast period,” says an FMI analyst.

Developing Countries to Offer Lucrative Opportunities

For the past decade, developed countries dominated the baby powder market owing to product availability and awareness among consumers. However, this trend is shifting towards the emerging markets. Countries such as Niger, Uganda, and Nigeria, are anticipated to have the highest birth rates in the forecast period. Therefore, the Middle East and Africa is considered a highly lucrative market for manufacturers of baby powder. Moreover, countries such as China and India have a massive population, out of which approximately 20% are babies. Generating general awareness among the population in such developing countries is expected to create numerous opportunities in the current market scenario.

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Who is Winning?

Some of the key players operating in the baby powder market are Artsana Group, Asahi Group Foods Ltd., The Burt’s Bees, California Baby, Chattem, Inc., GLÜKi Organics, Johnson & Johnson, Kimberly-Clark Corp, Libero, Lion Corporation, Mamaearth, Mann & Schröder GmbH, Mee Mee, Mothercare, Oriflame Holding AG, Osotspa Company Limited, Pigeon, Prestige Consumer Healthcare, Inc., Procter & Gamble Co., PZ Cussons, Surefil an Abaco Partners Company, The Himalaya Drug Company, Wakoda, Wyeth, and others.

Several prominent and emerging market players are significantly investing in research and development activities to introduce new corn-starch based baby power. Besides this, global market players are acquiring the small scale and new entrants in the market those are offering either herbal products or organic products. They are also willing to spend more on promotion and marketing of products through pediatricians and doctors. This way consumers develop a belief on the safety of the products.

In 2019, Johnson & Johnson’s baby care line of products is re-launched with a commitment of disclosing its ingredients. It also includes new packaging and informational social media communications to tailor needs of millennial parents.
In 2019, Fireside Ventures, along with some other investors, invested US$1 million in Honasa Consumer’s Mamaearth baby and mother care brands. It aims for market expansion, customer acquisition, and formulating innovative baby products

More Valuable Insights on Baby Powder Market

Future Market Insights, in its new research study, provides a detailed analysis of the global baby powder market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study offers insights on the baby powder market on the basis of ingredient (talc-based and corn-starch-based), nature (organic and conventional), price (mass and premium), sales channel (direct sales, online retailers, convenience stores, modern trade, specialty stores, mono-brand stores, department stores, drug stores, and other sales channel) across seven regions. The study focuses on product innovations, key developments, and various opportunities and trends in the baby powder market.

Competitive Landscape

The global baby powder market is expected to be highly competitive. Presence of numerous leading players such as Johnson & Johnson, Kimberly-Clark Group, and Chattem Inc. is intensifying the competition in the market. However, as per the study, rising number of incumbents are vying for a significant share in the market.

To strengthen their position in the market, leading players are joining hands with e-commerce giants. They are also focusing on establishing their production facilities in emerging economies such as India and China to increase their revenue.

Meanwhile, some of the key producers are forming alliance with leading companies to expand their customer base as well as their global presence.

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Baby Powder Market By Category

Ingredient:

Talc-based
Corn-starch-based

Price:

Mass
Premium

Nature:

Conventional
Organic

Sales Channel:

Direct Sales
Modern Trade
Convenience Stores
Departmental Stores
Specialty Stores
Mono Brand Stores
Online Retailers
Drug Stores
Other Sales Channels

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Floral Extract Market Recent Trends, Consumption by Regional data, Development Growth & Forecast 2022-2029

As per newly released data by Future Market Insights (FMI), the floral extract market is estimated at USD 2.6 billion in 2022 and is projected to reach USD 3.8 billion by 2029, at a CAGR of 4.3% from 2014 to 2021.

The report opines that the floral extract market is likely to exhibit a promising growth over the next decade, prominently driven by growing consciousness about health & wellness, especially among millennial demographic, who are constantly rejecting conventional products and shifting to natural products.

As ‘green beauty’, ‘clean beauty’, or ‘natural beauty’ is fast becoming an industry buzzword, cosmetics manufacturers are voluntarily ceasing the use of toxic chemicals and disclosing the ingredients in their products.

The expansion of floral extract market has been working in tandem with greater awareness of natural cosmetics among the consumers and a rising number of celebrities exploiting the ill effects of conventional skincare and makeup on social platforms.

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Floral Essential Oils Hold Significant Shares, Absolutes to Witness Rising Demand

While floral essential oils continue to influence the growth strategies, with revenue share of 65% in 2018, manufacturers are focusing on increasing the production of absolutes to capitalize on growing demand for premium fragrances and perfumes. On the one hand, floral concentrates will continue to represent relatively low share as compared to the two types of floral extracts, according to the report.

Apart from serving as a natural ingredient in cosmetic and personal care products, floral extracts possess multi-functional properties such as medicinal and colorant, thereby increasing its application potential in the industry. The study forecasts that the sales of natural floral extracts to increase ~5% y-o-y in 2019, while rapid adoption of organic variants is likely to result in increased market share.

Increased awareness about health & skincare beneficial products along with rising acceptance of organically sourced products will continue to fuel the growth of floral extract market, as suggested by FMI’s analysis.

High Growth Opportunities Abound in East Asia

Regions such as Europe & North America are expected to hold prominent market shares in terms of value. However, the East Asia market for floral extract is expected to project lucrative growth over the forecast period of 2019-2029. Gains will remain propelled by the rapid growth of the cosmetic industry in the region, in the view of growing inclination towards personal grooming and increased disposable income available for purchasing high-end products.

According to the FMI’s research, a majority of key players in floral extract market are directing their investments in R&D on extraction techniques. While distillation and solvent extraction methods are widely adopted for various flowers, manufacturers are targeted towards supercritical fluid extraction method that not only reduces the energy consumption but also eliminates residual solvent in the resulting extracts.

Significantly high application potential of floral extracts is identified in fragrances, which accounted for ~42% in 2018. The rise of vegan perfumes in line with strong desire for cosmetics and fragrances to be cruelty-free will contribute to the overall sales of floral extract. Manufacturers are further exploring the capabilities of floral extracts as colorant and fragrance enhancer in skincare products as well as body care & toiletries.

Sensing an increase in direct sourcing of floral extracts to avoid intermediates in the supply chain, manufacturers are focusing on deepening their collaboration with cosmetic producers. In addition, leading players in the floral extract market are aiming to introduce their own product line of cosmetics and personal care.

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Global Floral Extract Market by Category

By Extracts:

Concretes
Absolutes
Essential Oil

By Nature:

Organic
Natural

By Source:

Jasmine
Rose
Lavender
Tuberose
Mimosa
Marigold
Lotus
Ylang Ylang
Frangipani
Chmapaca
Others

By Method:

Solvent Extraction
Distillation
Expression (Cold Pressed)
Supercritical Fluid Extraction

By Application:

Skincare
- Creams, Lotion
- Facial Cleansers & Toner
- Serum
- Sunscreen
- Facepacks/Masks
- Anti-Ageing & Anti-Pollution Products
Haircare
- Shampoos & Shower Gel
- Conditioner & Serum
- Hair Rinses
- Hair Color & Dye
- Hair Oil & Tonics
Makeup
- Facial Products
- Eye Products
- Lip Products
- Nail Products
Body Care & Toiletries
- Soap
- Body Wash
- Massage & Bath Oil
Fragrances
- Perfumes
- Deodorants
- Colognes

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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 7-years.

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