Global Mobile Handset Protection Market to Reach USD 22.4 Billion by 2033, Driven by Rising Smartphone Penetration

The global Mobile Handset Protection Market is poised for significant expansion, with market size expected to grow from USD 6,789.2 million in 2023 to a projected USD 22,446.3 million by 2033. The market is set to experience a compound annual growth rate (CAGR) of 11.6% during the forecast period. The increasing reliance on smartphones for personal and professional purposes, coupled with rising incidences of accidental damage, theft, and cyber threats, is propelling the demand for handset protection solutions globally.

As consumers and businesses increasingly invest in high-end smartphones, comprehensive protection plans—encompassing damage protection, theft coverage, and extended warranties—have become more critical than ever. Mobile handset protection solutions have emerged as essential offerings in safeguarding both hardware and software, ensuring users’ peace of mind and protecting their investments.

Key Takeaways from the Market Study:

  • The global Mobile Handset Protection Market is projected to expand at a CAGR of 11.6% from 2023 to 2033.
  • Market value will increase from USD 6.8 billion in 2023 to USD 22.4 billion by 2033.
  • Asia Pacific is anticipated to witness the fastest growth due to rising smartphone penetration and increasing disposable incomes.
  • Growing demand for protection plans covering both physical damages and cybersecurity risks will drive market expansion over the next decade.

Drivers and Opportunities:

Several factors are contributing to the rapid growth of the Mobile Handset Protection Market, including:

  • Rising smartphone adoption: With the global smartphone user base continuing to expand, particularly in emerging markets, the demand for handset protection solutions is seeing a parallel rise.
  • Accidental damage and theft: The increasing risk of accidental damages such as screen cracks and water damage, coupled with the high incidence of mobile theft, is pushing consumers to opt for comprehensive protection plans.
  • Cyber threats: As smartphones become central to users’ digital lives, the need for protection against malware, phishing, and other cyberattacks has also grown, driving demand for mobile handset protection solutions that offer cybersecurity features.
  • Expanding smartphone prices: The increasing cost of high-end smartphones is encouraging consumers to seek protection solutions to safeguard their expensive devices from unforeseen damages or malfunctions.

Component Insights:

The Mobile Handset Protection Market includes both hardware protection and software protection components. Hardware protection, such as coverage for physical damage and device malfunctions, dominates the market. However, software protection solutions, including protection against malware, phishing, and data theft, are gaining significant traction. The growing integration of these two components in comprehensive protection plans is expected to drive future market growth.

Application Insights:

Mobile handset protection plans are widely used by both individual consumers and enterprises. Individual users represent the largest market share, driven by rising smartphone usage and the increased value of mobile devices. Enterprises, especially those adopting bring-your-own-device (BYOD) policies, are also emerging as key users, seeking to protect company data and devices from both physical and cyber threats.

Deployment Insights:

The deployment of mobile handset protection solutions includes subscription-based plans offered by mobile operators, third-party providers, and OEM-based offerings (Original Equipment Manufacturers). Subscription-based plans, often bundled with mobile contracts or offered through third-party providers, are the most common deployment model. OEM-based solutions are gaining popularity as manufacturers offer in-house protection services at the point of sale, giving consumers the flexibility to choose between multiple options.

Key Companies & Market Share Insights:

Leading players in the Mobile Handset Protection Market include Asurion, AppleCare, SquareTrade, Inc., Assurant, Inc., and AT&T. These companies offer a wide range of protection plans, from basic damage protection to comprehensive coverage that includes theft, accidental damage, and cybersecurity threats. Asurion holds a dominant market share, largely due to its extensive partnerships with major mobile carriers and a broad portfolio of protection services. AppleCare is another significant player, offering premium coverage for Apple devices, while SquareTrade has positioned itself as a key provider for third-party protection services.

Recent Developments:

  • In 2023, Apple expanded its AppleCare+ offering to include theft and loss coverage in additional markets, providing users with more robust protection options for their devices.
  • Asurion launched its new “Tech Help” service in 2023, providing customers with 24/7 technical support alongside their handset protection plans, further enhancing the value proposition for consumers.
  • SquareTrade, a subsidiary of Allstate, announced a strategic partnership with Samsung Electronics to offer premium protection plans for Samsung’s new flagship smartphones, including damage and loss coverage.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Microwave Device Market is Expected to Increase to US$ 7.8 Bn in 2022 and to US$ 13.4 Bn by 2032 | FMI

The market for microwave devices is anticipated to grow to US$ 7.8 billion in 2022 and to US$ 13.4 billion by 2032, with a CAGR of 5.5 percent from 2022 to 2032.

Microwave Device market is the market increasing due to the usage of navigation radars used by UAV as these Microwave are suitable for wireless transmission of signals of having larger bandwidth. These Microwave device are generally used for satellite communications, radar signals, phones, and navigational applications. Other uses of these Microwave Device are medical treatments, drying materials, and in households for the preparation of food.

Microwave Device technology consist of electromagnetic rays having frequencies 300 MHz to 300 GHz in the electromagnetic spectrum travelling in straight lines. These Microwave Device are generally of two type semiconductor microwave Device and tube microwave Device.

Microwave Device Market: Drivers and Challenges

The major factor driving the adoption of Microwave Device is the increasing usage of Microwave devices in various segments such as cooking, medical and for security purpose. These usage of microwave devices helps in providing wide bandwidth without need of cable. Another factor driving this Microwave Device market is that Microwaves can carry high quantity of information due to which Microwave devices are used for faster operations.

The key challenge for Microwave Device market is the high cost of these devices and Line-of-sight will be disrupted if any obstacle, such as new buildings, are in the way due to which signal can be missed. It takes high transit time of carriers through these Microwave Device which is another challenges faced by users.

Key Contracts:

In September 2016, Midea, a home appliances provider has entered into the partnership with NXP, a semiconductors company and Microwave Device provider for new smart kitchen appliance which will use power from RF cooking technology. This technology will be implemented in microwave heating devices.

Key Players in Microwave Device Market

In Microwave Device market there are many providers some of them are L-3 Communications, API Technologies, Thales Group, Electron Energy Corporation and others.

Regional Overview 

Presently, North America and Europe is holding the largest market share for Microwave Device market due to presence of major market players in these region. Moreover the rising usage of microwave technology for medical and household appliances is helping this market to increase in these region.

Asia -Pacific is also increasingly adopting Microwave Device technologies with the entry of major & established players such as Samsung and others along with launching new products in developing countries.

The report covers exhaustive analysis on Microwave Device Market Segments

Market Dynamics
Historical Actual Market Size, 2014 – 2016
Market Size & Forecast 2017 to 2027
Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Market Drivers and Restraints

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.

Key Segments

By Product:

Passive Devices
Active Devices

By End User:
Healthcare
Military & Defence
Space & Communication

By Frequency:
Ku-band
C-band
Ka-band
L-band
S-band
X-band

By Region:
North America
Latin America
Europe
Asia Pacific
MEA

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Future Trends in the Purified Terephthalic Acid (PTA): Embracing Sustainability Through Bio-Based Feedstocks and Recycling

 

The global purified terephthalic acid (PTA) market, valued at USD 11,058.60 million in 2024, is projected to exceed USD 18,359.40 million by 2034, growing at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2034. This growth is driven by increasing demand for polyester fibers and PET resins in various applications, including textiles, packaging, and bottling. Rising urbanization and industrialization in emerging economies further contribute to market expansion. Additionally, technological advancements in PTA production and sustainable manufacturing practices are expected to enhance market growth over the forecast period.

Polyester is a versatile synthetic material whose demand has been continuously increasing for several reasons. Polyester is widely utilized in textiles, home furnishings, and apparel. Further driving up demand for polyester is the trend toward quick fashion and the desire for affordable textile alternatives.

Polyester is widely used in many applications because of its qualities, including longevity, resistance to wrinkles, and simplicity of maintenance. As a result, the growing polyester market is matched by an increasing need for PTA, an essential component in the synthesis of polyester.

Developments in PTA manufacturing techniques have been crucial to the market growth. New technology, more effective manufacturing processes, and better catalysts have increased output capacity while lowering production costs.

PTA manufacturing is now more affordable and sustainable due to these technical developments, which is encouraging greater investment in the industry. As a result, manufacturers continue to be competitive in the market while satisfying the increasing demand for PTA. Additionally, as technology advances, product quality and environmental sustainability are enhanced, which drives the PTA acid market growth.

Key Takeaways from the Purified Terephthalic Acid (PTA) Market Report

  • The market size stood at US$ 9,248.40 million in 2019.
  • The polyester application segment is poised to hold 37.80% of the market share in 2024.
  • The textile end use segment is anticipated to capture 42.10% of the market share in 2024.
  • The market size in the United States is projected to rise at a 2.90% CAGR through 2034.
  • The market size in Germany is anticipated to develop at a 2.40% CAGR through 2034.
  • The market size in China is estimated to surge at a 5.80% CAGR through 2034.
  • The market size in India is expected to increase at a 7.70% CAGR through 2034.

Competitive Landscape

The purified terephthalic acid (PTA) industry is highly competitive, with top rivals striving for market share and domination. Leading corporations such as Indorama Ventures, BP, and Reliance Industries Limited contend fiercely through strategic initiatives targeted at gaining competitive advantages and increasing market presence. These industry titans use their massive production capacity, diverse product portfolios, and established distribution networks to retain market leadership and revenue growth.

Key Players in the Purified Terephthalic Acid (PTA) Market

  • Indorama Ventures
  • BP (British Petroleum)
  • Sinopec Yizheng Chemical Fibre Company
  • Mitsui Chemicals
  • Reliance Industries Limited
  • Eastman Chemical Company
  • DuPont
  • Formosa Plastics Group
  • Alfa Group
  • Indian Oil Corporation
  • Mitsubishi Chemical Corporation
  • SABIC
  • Samsung Petrochemical Co. Ltd.
  • Samyang Corporation

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Purified Terephthalic Acid (PTA) Market Segmentation

By Application:

  • Polyester
  • Fiber & Yarn Grade
  • Polybutylene terephthalate (PET) Grade
  • Film Grade
  • Polybutylene Terephthalate (PBT)
  • Plasticizers
  • Others

By End User:

  • Textile
  • PET Bottles
  • Packaging
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Exploring the Polydimethylsiloxane Market: Trends and Opportunities in Medical, Industrial, and Food Applications

Polydimethylsiloxane Market
Polydimethylsiloxane Market

 

The global polydimethylsiloxane market size is anticipated to reach a valuation of USD 1.6 billion in 2024, driven by increasing demand in the electronics industry. This upward trend is set to create new opportunities, with the market projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2034. By the end of this forecast period, the market is expected to achieve a total valuation of approximately USD 2.8 billion, reflecting the robust demand and expanding applications of polydimethylsiloxane across various sectors.

PDMS is increasingly being used in the energy sector for applications such as insulating materials, anti corrosion coatings, and lubricants in renewable energy systems and traditional energy infrastructure. The expansion of the energy sector, coupled with the need for durable and high-performance materials, presents opportunities for polydimethylsiloxane market.

Polydimethylsiloxane is used in the textile industry as a softener and water repellent agent for fabrics. There is a growing adoption of PDMS based finishes in textile manufacturing, driving market growth in the sector, with the increasing demand for textiles with enhanced comfort, performance, and durability.

Polydimethylsiloxane based coatings are being developed for smart coatings and surfaces with functionalities such as self healing, anti fouling, and anti icing properties. The emergence of smart coatings and surfaces in applications such as automotive, aerospace, marine, and infrastructure is driving the demand for PDMS based materials, creating opportunities for market growth in the segment.

Silicone gels, including PDMS based gels, are used in various applications such as skincare products, wound care dressings, and electronic encapsulants. The demand for silicone gels is increasing due to the unique properties such as transparency, softness, and biocompatibility, driving market growth in industries such as healthcare, personal care, and electronics.

Polydimethylsiloxane is being explored for use in energy storage systems, including lithium ion batteries and supercapacitors, as a component of electrolytes and electrode materials. The demand for high-performance energy storage solutions, driven by the growth of renewable energy sources and electric vehicles, presents opportunities for PDMS market growth in the energy storage sector.

PDMS is utilized in the manufacturing of fire resistant and thermal insulation materials due to its flame retardant properties and low thermal conductivity. There is a growing demand for PDMS based materials for fire protection and thermal insulation applications, with increasing concerns about fire safety regulations and energy efficiency standards in construction and transportation sectors.

Key Takeaways from the Market Study

  • Global polydimethylsiloxane market was valued at USD 1.3 billion in 2019.
  • From 2019 to 2023, the market demand expanded at a CAGR of 3.8%.
  • The market in China to expand at a CAGR of 6% through 2034.
  • By product type, the lower molecular weight segment to account for a share of 51.9% in 2024.
  • The market in India will expand at a CAGR of 8% through 2034.
  • In terms of application, the lubricants and greases segment to account for a share of 36.9% in 2024.

Collaborations between industry players, research institutions, and technology startups are fostering innovation and driving market growth through the development of advanced silicone materials and technologies, remarks an FMI analyst.

Competitive Landscape

Prominent players in the polydimethylsiloxane market are Dow Corning Corporation, Wacker Chemie AG, Bluestar Silicones, Hubei Xin Sihai Chemical Co., Momentive, Shin-Etsu Chemical Co., Alfa Aesar GmbH & Co. KG, Sigma Aldrich Corp., Jinan Haohua Industry Co. Ltd., TCI Tokyo Chemical Industry Co., Fisher Scientific International Inc., Microsurfaces, Xona Microfluidics, and SphereVis, among others.

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Company Portfolio

Bluestar Silicones offers polydimethylsiloxane formulations optimized for industries such as automotive, healthcare, electronics, and textiles, providing solutions ranging from sealants and adhesives to elastomers and antifoaming agents.

Hubei Xin Sihai Chemical supplies polydimethylsiloxane for various industrial applications, including coatings, plastics, textiles, and personal care products, offering standard and customized formulations to meet specific customer needs.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global polydimethylsiloxane market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the polydimethylsiloxane market, the market is segmented on the basis of product type (lower molecular weight, higher molecular weight, and ultra high molecular weight), application (lubricants and greases, surfactants and antifoaming agents, pharmaceutical and cosmetic industry, food and beverage industry, and other applications), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Growth Outlook for the Photoresist Chemical Market: Projected Increase to USD 4.8 Billion by 2034

 

The photoresist chemical market is poised for significant growth, projected to reach a valuation of USD 3,386.2 million in 2024, with a compound annual growth rate (CAGR) of 3.6% anticipated over the next decade. This growth trajectory is expected to elevate the market’s revenue to approximately USD 4,837.2 million by 2034. Factors driving this expansion include the increasing demand for advanced semiconductor manufacturing, rising adoption of photolithography techniques in electronics, and the ongoing innovations in photoresist formulations to meet the evolving needs of the industry.

Booming microelectronics is a cornerstone for the growth of photoresist chemical market. The exploding demand for higher-performance devices, consumer electronics, and technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT), are spurring the use of chips that support them. Photoresist chemicals are essential to develop intricate circuitry on these chips, thus driving market growth.

The industry is further expanding due to continuous investments in the expansion of photoresist chemical factories as players set up new plants. Going forward, the focus on sustainability and technological advancements is expected to fuel progress in the industry.

“Players are focusing on strategic partnerships to boost their expansion. They are further investing in research to enhance the products’ competitiveness,” says an analyst of Future Market Insights.

Key Takeaways from the Photoresist Chemical Market Report

  • The photoresist chemical industry experienced a growth rate of 2.4% CAGR throughout the historical period. The market value rose from USD 2,918.2 million to USD 2,918.2 million in 2019 to USD 3,284.4 million in 2023.
  • By product type, the positive photoresist is projected to acquire a share of 62.4% in 2024.
  • Based on end use applications, the microelectronics is anticipated to obtain a value share of 73.9% in 2024.
  • In North America, the United States is expected to rise at a CAGR of 2% through 2034. Canada is projected to surge at 2.2% over the same period.
  • In Asia Pacific, India is expected to rise at a relatively higher CAGR of 5.4% over the forecast period.

Competitive Landscape

Key players are collaborating or opting for mergers and acquisitions to combine their expertise for consolidation. This is especially relevant for the increasing complexity of photoresists, especially for their uses in advanced packaging and EUV lithography. This strategy allows players to leverage complementary strengths in processing knowledge, materials science, and manufacturing capabilities.

Some players are setting up open innovation platforms to partner with startups and research institutions. Thus, fostering a collaborative environment to expedite the development of next-gen photoresists. Participants are integrating smart manufacturing technologies to permit real-time monitoring and control of photoresist applications and processing. By doing so, they enhance consistency, curtail waste, and optimize overall production efficiency.

Latest Developments Taking Place in the Photoresist Chemical Market

  • In November 2023, Chemtronics Co. Ltd., a South Korean chemical materials maker, seems to have removed the main hurdle to expand the domestic production of photoresists. Kosdaq-listed Chemtronics has been successful in test-producing propylene glycol methyl ether acetic acid (PGMEA) with high purity. The company accounts for a substantial portion of the manufacturing process of photoresists.
  • In September 2023, Mitsubishi Chemical Group is considering to construct a factory to provide Argon Fluoride (ArF) photoresist materials needed for semiconductor manufacturing. The planned location for the factory is going to be within Fukuoka Prefecture in northern Kyushu.

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Leading Photoresist Chemical Market Players

  • Dow
  • FUJIFILM Corporation
  • TOKYO OHKA KOGYO CO., LTD.
  • E.I. DuPont de Nemours
  • Mitsui Chemicals America Inc
  • JSR Corporation
  • LG Chem
  • Shin-Etsu Chemical Co., Ltd.
  • TOK America
  • Honsou Chemical Industry
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
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Instant Fat Powder Market: Historical Data, Technological Innovations, and Future Opportunities through 2032

Instant Fat Powder Market

The global instant fat powder market (Markt für Instantfettpulver) is estimated to exhibit growth at a CAGR of around 4% to 5% during the forecast period.

FMI’s upcoming business report provides an in-depth analysis of the global Instant Fat Powder market, covering its historical and current landscape in terms of production, consumption, volume, and value. The report examines the market across various segments, regions, and key players, highlighting demand patterns and growth opportunities.

Essential insights and forecast data presented in the Instant Fat Powder market report will equip both established and new market entrants with the knowledge needed to develop long-term strategies and ensure business resilience, especially in the face of challenges like the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Instant Fat Powder Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Instant Fat Powder market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Instant Fat Powder market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Instant Fat Powder market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Instant Fat Powder Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Instant Fat Powder market. Competitive information detailed in the Instant Fat Powder market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Instant Fat Powder market report.

Key players covered in the report include:

Some of the leading players in the instant fat powder market are Glenstal Foods Ltd., Dairygold Co-Operative Society Limited, Koninklijke FrieslandCampina NV, Imeko Dairy Products B.V., Vitusa Global, Frontera Group, Inc., Vreugdenhil Dairy Foods, Polindus, Hoogwegt International B.V., and Solarec.

Checkout the Report for Market-Driven Insights

Key Segments Profiled in the Instant Fat Powder Market Survey

By Type:

High-fat
Low-fat

By End Use:

Industrial
Infant Formula
Soups & Sauces
Dressing & Condiments
Nutrition
Dairy
Beverages
Frozen Desserts
Cheese Processing
Bakery
Confectionery
Retail

By Region:

North America
Latin America
Europe
APEJ
Japan
Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Mouth Freshener Market Analysis: Trends, Applications, Production Insights, and Revenue Projections Through 2032

Mouth Freshener Market

According to a latest report by FMI, the global mouth freshener market size is expected to be worth USD 18,150.3 million in 2022 and USD 33,436.16 million by 2032, with a CAGR of 6.3 percent from 2022 to 2032.

Globally, the rise in oral hygiene awareness among adults and youth is propelling the global mouth freshener market share. Tobacco, smoking, and alcohol use can lead to mouth problems like foul breath and discolored teeth. These are important elements driving the demand for mouth freshener, which is expected to increase future sales of mouth fresheners.

In addition, innovative packaging designs and materials, such as flip-top base packaging or sliding door type packaging, are among the most recent trends in the mouth freshener market.

Increased product portfolios and the adoption of various marketing methods are expected to boost the demand for mouth fresheners during the forecast period. Furthermore, sugar-free mouth fresheners from mouth freshener manufacturers are popular among health-conscious clients, as a result, the sales of mouth fresheners are predicted to increase.

Caffeine, ginseng, and guarana, among other ingredients, have been introduced to gum, breath fresheners, and mint, which are driving growth in the mouth freshener market share.

Customers in nations such as India also like to use mouthwash after meals. The availability of a diverse selection of mouth fresheners is expected to promote mouth freshener market expansion in the near future.

However, government regulations and interventions are expected to limit the growth of the mouth freshener market during the projected period of 2022-2032. While the negative consequences of mouth freshener intake are expected to hinder the mouth freshener market growth.

Key mouth fresheners manufacturers are introducing new tastes such as mint, fruit, menthol, herbs, and spices due to the sheer increasing demand for mouth fresheners. These facts indicate a profitable prospect for the global mouth freshener industry.

Key Takeaways from Mouth Freshener Market Study

  • Mint candy is one of the most popular mouth fresheners, accounting for 39% of the market in 2021. One of the primary factors driving the segment’s growth is the product’s widespread availability in various countries.
  • The retail outlets sector is likely to maintain its dominance in the mouth fresheners market in terms of market share.
  • North America maintained its 44 percent market share in 2021 and is predicted to grow fast.
  • Due to the high demand and use of alcohol and tobacco, the United States accounts for the majority of the mouth fresheners market in North America and is expected to grow at a CAGR of approximately 3.6 percent over the projected period.
  • Asia Pacific is predicted to see considerable growth in the mouth fresheners market due to growing consumption of smokeless tobacco such as dip, snuff, snus, and chewing. Furthermore, the sweet consuming tradition adopted by nations such as India, Nepal, and Pakistan during festivals and occasions contributes to higher sales of mouth fresheners.

“Increasing awareness about oral care, as well as rising cigarette and alcohol consumption, are expected to drive demand for mouth fresheners throughout the forecast period. This factor is projected to increase the sales of mouth fresheners, hence fueling the growth of the mouth freshener market.”- Future Market Insights Analyst.

Competitive Landscape

The global mouth freshener market is highly fragmented. Due to the low cost of production, the mouth freshener market is seeing an increase in the number of small vendors.

Mouth freshener market players are significantly contributing to market growth by adopting various tactics such as merger and acquisition, expansion, new marketing approaches, investment for small businesses, and new product releases to stay competitive in the industry.

For example, Perfetti Van Melle-owned brand Mentos announced in 2018 the launch of new Mentos CleanBreath hard mints, which will provide clean and fresh breath for approximately 30 minutes.

The following companies are among the major players in the global mouth freshener market: Kraft Foods Inc., Perfetti Van Melle, Lotte, Haribo GmbH & co., Midas Care, Dabur Binaca, and Cadbury Trebor Basset.

Key Segments

By Type:

  • Mouth Sprays
  • Breath Strips
  • Flavored Candles
  • Chewing Gums
  • Others

By Distribution Channel:

  • Sugar-free
  • Conventional

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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Recent Developments in Mouth Freshener Market:

  • July 15th, 2021- Ferndale Confectionery, a key player in the global mouth freshener market, constructed a new factory in Ballarat.
  • Colgate-Palmolive Company introduced Colgate Plax liquid mouth freshener, which was well received by consumers and contributed significantly to total growth.
  • In October 2018, Tom’s of Maine postponed the release of its new silly strawberry natural mouthwash for youngsters.
  • Colgate has announced that their CBD product line, which includes mouthwash, toothpaste, and dental floss, will be available in February 2020.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

Future Market Insights Inc.
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T: +1-347-918-3531
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Dextrates Market Insights: Evaluating Growth Opportunities, Tech Innovations, and 2032 Trends

Dextrates Market

The global dextrates market (Markt für Dextrate) is expected to project growth at a robust CAGR during the forecast period 2022 to 2032. With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Dextrates market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Dextrates market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Dextrates Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Dextrates market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Dextrates market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Dextrates market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Dextrates Market: Segmentation

By Content:

  • Anhydrous
  • Hydrous

By Product Type:

  • Regular
  • Genetically Modified Organisms (GMO)-free

By Application:

  • Oral Formulations
  • Capsules
  • Soft Gelatin Capsules
  • Hard Gelatin Capsules
  • Liquid Formulations
  • Tablets
  • Parenteral Formulations

By End Use:

  • Pharmacy
  • Veterinary
  • Ingestible Tablets
  • Effervescent Tablets
  • Dispersible Tablets
  • Chewable Tablets
  • Soluble Tablets

By Region:

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

Dextrates Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Dextrates market. Competitive information detailed in the Dextrates market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Dextrates market report.

 Key players covered in the report include:

Some of the leading players in the dextrates market profiled by FMI are Paulaur Corporation, Spectrum Chemical Manufacturing Corp., UPI (UNIVERSAL PRESERVACHEM INC.), JRS Pharma, Roquette, The Press Club Nutrition Ltd., Colorcon, Quadra Chemicals Ltd., and others.

 Important Questions Answered in the Dextrates Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Dextrates market been expanding during the forecast period?
  • How will the global Dextrates market look like by the end of the forecast period?
  • What innovative strategies are adopted by Dextrates market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Dextrates market?

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Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Dextrates market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Blackstrap Molasses Market Expected to Achieve USD 23.6 Billion by 2033, According to FMI Analysis

Blackstrap Molasses Market

The market for blackstrap molasses (Markt für Melasse) is expected to reach USD 13,793.2 million by 2023 and reach USD 23,607.3 Million by 2033. The market is projected to witness a growth rate of 5.5% between 2023 and 2033.

Black molasses became an important part of the market due to its natural byproducts, which allowed it to exploit this trend. This was perceived as a healthier alternative because it had a high mineral content. A black molasses is packed with minerals like iron, calcium, and potassium. Health-conscious consumers were attracted to its nutrient-dense qualities.

Sustainable and ethical sourcing has become increasingly important to the food industry. Environmental and social concerns could influence the sourcing of black molasses by companies and consumers.

Blackstrap molasses may also benefit from the trend towards artisanal foods and small-batch productions. Craft producers and specialty food companies create new and innovative products using blackstrap molasses. Due to its great nutrition, molasses has become quite popular in recent years as nutritionists and health practitioners discover its benefits.

The use of molasses in baking, baking products, and marinades and sauces is well-known among cooks and foodies. The rise of globalization, the popularity of online shopping, and the commercialization of the Internet of things all contribute to the market’s growth. Further growth will come from the pharmaceutical and personal care industries.

Blackstrap molasses demand is expected to increase in the coming years due to consumer fitness awareness initiatives promoted by businesses, and nutritional organizations. Global blackstrap molasses market growth will be fueled by cold-pressed molasses extraction activities. The anti-inflammatory properties of these products have significantly increased the blackstrap molasses market demand.

Blackstrap molasses is another excellent brown sugar substitute. Besides being modestly glycemic, it contains micronutrients such as iron, calcium, and potassium. Iron content and anti-inflammatory properties make molasses popular in the natural health industry.

Blackstrap molasses, for example, contains high levels of antioxidants, which help reduce free radicals in the body. Many normal cellular processes are triggered by free radicals, which are naturally formed in the body. In addition to health benefits for the skin and pregnant women, the market continues to grow.

Key Takeaways

The global market for blackstrap molasses market is projected to expand at a CAGR of 5.5% over the forecast period.
As of 2022, the blackstrap molasses market in India had a growth rate of 5.1%.
The demand for blackstrap molasses in the food and beverage processing industry is expected to increase. A 32.5% market share was achieved in 2022.
The United States market for blackstrap molasses was valued at 26.4% sales in 2022.
Blackstrap molasses saw an average growth rate of 3.3% from 2018 to 2022.

“Blackstrap molasses is expected to gain popularity as alternative sweeteners become more popular. The demand for blackstrap molasses is expected to rise in the next few years as awareness of its health benefits expands,” says an FMI analyst.

Competitive Landscape
Globally, the blackstrap molasses market has become highly competitive. The business will be able to thrive in a highly competitive market by offering a broader and more cost-effective product line.

Key Companies Profiled

ASR Group
B&G Foods Inc.
Allied Old English Inc.
Crosby Molasses Co Ltd.
Imperial Sugar Company
Sweet Harvest Foods Inc.
Meridian Foods Limited
Zook Molasses Company
MALT PRODUCTS CORPORATION
ED&F MAN LIQUID PRODUCTS UK LTD
Golden Barrel

Market Developments Include

Crosby’s Molasses
Crosby’s Molasses is a Canadian company specializing in the production of blackstrap molasses. Their molasses are made from Canadian sugarcane and are renowned for their quality.

Golden Barrel
Golden Barrel offers products such as blackstrap molasses and other syrups. Various culinary applications can be made with this traditional-style molasses.

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Segmentation Analysis of the Blackstrap Molasses Market

By Nature:

Organic
Conventional

By End Use:

Food and Beverage Processing
Bakery and Confectionery Products
Breakfast Solutions
Desserts and Puddings
Other Food and Beverge Processing
Functional Foods and Dietary Supplements
Foodservice/HoReCa (Hotels/Resturants/Cafe)
Household

By Distribution Channel:

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/Supermarkets
Convenience Stores
Mass Grocery Retailers
Specialty Stores
Online Retailing

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Navigating Growth: The Future of the Polytetrahydrofuran Market in End-Use Industries

 

The polytetrahydrofuran market is poised for substantial growth, with projections indicating a market value of approximately US$ 6,215.32 million in 2024. From 2024 to 2034, the demand for polytetrahydrofuran is expected to expand at a moderate compound annual growth rate (CAGR) of 6.0%. This growth trajectory is anticipated to elevate the market valuation to around US$ 11,130.69 million by 2034. Factors contributing to this positive outlook include the increasing applications of PTHF in industries such as textiles, automotive, and construction, driven by its versatility and superior properties.

Given the rising demand from various end-use sectors, including textiles, automobiles, and pharmaceuticals, the global PTHF market has the potential to grow steadily. The demand for lightweight materials with improved flexibility and durability is projected to boost the PolyTHF market.

The PolyTHF market expansion is anticipated to be facilitated by improvements in production technology in addition to rising spending on research and development. Polytetrahydrofuran vendors are likely to benefit greatly from favorable government measures supporting eco-friendly manufacturing techniques and the growing trend toward eco-friendly materials. Challenges such as volatile raw material costs and strict environmental policies impede the polytetrahydrofuran market expansion.

Sustainability: A Game-Changer in PTHF Production

As sustainability takes center stage, the PTHF market is poised for transformation. Manufacturers who embrace eco-friendly production techniques are not just contributing to environmental preservation but also gaining a competitive edge. The shift towards greener processes not only meets consumer demand for responsible products but also aligns with regulatory trends favoring sustainable practices. Investing in sustainable production can enhance brand reputation and foster loyalty among environmentally conscious consumers.

Regional Outlook

In Asia Pacific, the demand for polytetrahydrofuran is expanding due to the growing need for environmentally friendly materials in manufacturing processes. Government initiatives supporting sustainable manufacturing techniques are anticipated to stimulate the adoption of polytetrahydrofuran.

Stringent environmental rules encouraging the use of sustainable materials foster the continuous market growth of polytetrahydrofuran in Europe. The expansion of the Europe polytetrahydrofuran market is stimulated by rising research and development expenses aimed at improving applications.

Demand for PolyTHF-based goods is increasing in North America due to a growing emphasis on lowering carbon footprints. The PolyTHF market in North America is shaped by growing investments and technological developments in bio-based production technologies.

“Due to rising demand from various end-use sectors, the polytetrahydrofuran market is expected to expand. The polytetrahydrofuran (Poly THF) market expansion is anticipated to be fueled by factors such as customer preferences, growing applications, and technological advancements,” Says an Analyst at Future Market Insights, Inc.

Key Takeaways from the Polytetrahydrofuran Market

  • The spandex fibers segment in the application category is set to capture a share of 68.1% in 2024.
  • In the product type category, the petro-based poly THF segment is on track to acquire a market share of 96.2% in 2024.
  • The India Poly THF market is anticipated to grow at a CAGR of 8.7% between 2024 and 2034.
  • The China PTHF market is expected to surge at a CAGR of 7.4% through 2034.
  • The Australia polytetrahydrofuran (Poly THF) market is predicted to exhibit a CAGR of 6.6% from 2024 to 2034.
  • The Germany PTHF market is likely to develop at a CAGR of 3.3% through 2034.
  • The United States Poly THF market is envisioned to soar at a CAGR of 2.5% through 2034.

Competitive Landscape

Several key polytetrahydrofuran vendors are vying for market dominance in the industry, characterized by a varied competitive landscape. Polytetrahydrofuran manufacturers compete based on price, distribution channels, product quality, technology, and environmental initiatives. Polytetrahydrofuran producers frequently use strategic alliances, mergers, and acquisitions to strengthen their market position and gain a distinctive advantage. Polytetrahydrofuran suppliers concentrate on research and development to launch innovative goods and maintain their competitive edge.

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Key Polytetrahydrofuran Manufacturers

  • BASF SE
  • INVISTA
  • Dairen Chemical Corporation (DCC)
  • Chongqing Jianfeng industrial group
  • Mitsubishi Chemical Corporation
  • Korea PTG, Co. Ltd.
  • Shanxi Sanwei Group Co., Ltd.
  • HYOSUNG
  • Hangzhou Sanlong New Materials Co., Ltd.
  • Shaanxi Shanhua Coal Chemical Group
  • Lycra Company
  • Gantrade Corporation

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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