Mindfulness Meditation Application Market Growth, Analysis Report, Share, Trends and Overview 2022-2030

Mindfulness Meditation Application Market is expected to expand at a CAGR of 9.5% to reach US$ 397.9 Mn by the year 2030. The demand for stress management in recent years has upped the search for meditation methods, creating a lucrative ground for entry of mindfulness mediation applications. Today, these applications, which come with a promise of anxiety control, have become a serious business worth billions of dollars. A boom in wellness-oriented lifestyles has become a profitable arena for investors. Future Market Insights predicts that this trend is more concrete than a passing phase as wellness gurus are expected to take up technology to reach out to the younger population.

Mindfulness Meditation Application Market Size (2022) US$ 192.7 Mn
Sales Forecast (2030) US$ 397.9 Mn
Global Market Growth Rate (2022 to 2030) 9.5% CAGR
Share of Top 5 Market Players 55%

The growing demand for mindfulness meditation applications also comes as it is rectifying the bad image of overuse of mobile phones. Smartphones are extensively being used to achieve meditative states amongst beginners and regular practitioners. In the coming decade, the mindfulness meditation application market is projected to see a quantum leap as there is a massive shift from overworking to living mindfully.

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Key Takeaways of Mindfulness Meditation Application Market

  • North America to dominate global mindfulness meditation application market are it is poised to earn a valuation of US$ 45 Mn by the end of 2030
  • Android users will lead the market gaining a 47bps of current market value by 2030
  • 70% users are expected to belong to Generation Z as mental health awareness gains momentum on social media platforms
  • Japan to be a key spender on mindfulness meditation apps as well as the youth seeks Zen life through technology

COVID-19 Impact on Mindfulness Meditation Application Market

The downloads for mindfulness meditation have certainly seen a spike amidst the COVID-19 pandemic. According to a study, the top 10 wellness apps, operating in English language, witnessed 2 million downloads in April 2022.

The business has been growing for these apps as the pandemic has raised overall anxiety levels amongst users with layoffs, threat of diseases, death of loved ones, and in general uncertainty. Thus the need to manage stress can be felt with ferocity more than over amongst users and seekers.

Furthermore, strategies such as free access to frontline workers and increased number of days for free trial have also won the app makers a relatively wider clientele. While the ethics of using the pandemic to promote business can be contested, it is definite that the unprecedented times have led to unprecedented business for these apps.

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Top Mindfulness Meditation Apps :

Constant diversification of offerings has been the winning marketing strategy of the key players operating in the global mindfulness meditation application market. Vision To build a valuable brand and product offering with insights from psychologists is expected to be marketing strategies of these companies.

  • Calm.com, Inc.
  • Headspace, Inc.
  • Deep Relax
  • Ten Percent Happier
  • Smiling Mind
  • The Mindfulness App
  • Inner Explorer, Inc.
  • Parachute for Parents (Committee for Children)

Key Segments of Mindfulness Meditation Application Industry Survey

Mindfulness Meditation Application Market by Operating System:

  • Mindfulness Meditation Apps for Android
  • Mindfulness Meditation Apps for iOS
  • Mindfulness Meditation Apps for Others

Mindfulness Meditation Application Market by Service:

  • Paid (In-app Purchases) Mindfulness Meditation Apps
  • Free Mindfulness Meditation Apps

Mindfulness Meditation Application Market by Region:

  • North America Mindfulness Meditation Application Market
  • Latin America Mindfulness Meditation Application Market
  • Europe Mindfulness Meditation Application Market
  • East Asia Mindfulness Meditation Application Market
  • South Asia & Pacific Mindfulness Meditation Application Market
  • Middle East & Africa (MEA) Mindfulness Meditation Application Market

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More Valuable Insights on Mindfulness Meditation Application Market

In its latest report, Future Market Insights offers an unbiased analysis of the global mindfulness meditation application market, providing historical data for period of 2015-2021 and forecast statistics for the period of 2022-2030.

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

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2-EthylHexyl Acetate Market Potential Growth, Size, Share, Demand and Analysis of Key Players – Research Forecasts To 2029

Future Market Insights (FMI) has forecast the 2-EthylHexyl acetate market to grow with a year on year growth of 4.5% in 2022 reaching a value of about US$ 228.5 Mn by 2022 end. The global sales is anticipated to witness a considerable CAGR of 4.6% during the period of 2022 and 2029.

2-EthylHexyl Acetate Market Size (2021A) US$ 218.6 Mn
2-EthylHexyl Acetate Sales (2022E) US$ 228.5 Mn
Projected 2-EthylHexyl Acetate Market (2029F) US$ 312.2 Mn
Value CAGR (2022-2029) 4.6%
Collective Value Share: Top 3 Countries (2022E) 42.9%

High boiling point and good solvent power of 2-ethylhexyl acetate market it a popular solvent in the formulation of paints and coatings. Through continuous exploration of its properties, 2-ethylhexyl acetate is finding application in spray coatings and dip-coating technologies. Thus, rising demand for paints & coatings, globally, is anticipated to fuel the demand for 2-ethylhexyl acetate.

2-ethylhexyl acetate is produced from the by-products of crude oil refineries. Volatilities in crude oil prices are resulting in fluctuations in the prices of petroleum-based hydrocarbon solvents such as 2-ethylhexyl acetate, thereby adversely affecting the profit margins of manufacturers. Hike in the prices of petrochemical feedstock, thus, is expected to impede the worldwide production of 2-ethylhexyl acetate in the coming years.

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Key Takeaways of 2-Ethylhexyl Acetate Market Study
  • Purity ≥ 99% is observed to be most-preferred grade type in the market, owing to increasing demand for high-quality products and tightening regulatory scenario.
  • 2-ethylhexyl acetate is used as a brightener in leather processing, and as an additive in fragrance formulation. Increasing consumption of cosmetic & personal care products is estimated to drive the demand for 2-ethylhexyl acetate as a performance chemical. However, the slow growth of the leather industry can have a negative impact on the market.
  • 2-ethylhexyl acetate is also used as a solvent in printing and screen inks. The demand for 2-ethylhexyl acetate is expected to rise, owing to increased consumption of printing inks in the packaging industry.
  • Emerging economies such as India, China, and Mexico are estimated to witness lucrative growth. The positive outlook for the automotive industry and growth of the paints & coatings industry are major factors offering growth opportunities for the 2-ethylhexyl acetate market in these countries.

“2-ethylhexyl acetate is effectively being used as an alternative to conventional solvents, which have relatively higher levels of volatile organic components (VOCs). Increasing regulations regarding VOC components will propel the demand for 2-ethylhexyl acetate in the foreseeable future.”

2-Ethylhexyl Acetate Market: Competition Analysis

The global 2-ethylhexyl acetate market is significantly consolidated, with only a few leading market participants accounting for a high market share. Adoption of integrated business models for controlling the procurement of raw material and supply chain network is one of the key strategies adopted by leading market players. Continuous product & technological innovation and development of customized solutions are few of the key trends being observed in the market. Some of the key players identified in the 2-ethylhexyl acetate market are Chemoxy International Ltd., BASF SE, Polynt SpA, and Eastman Chemical Company, among others.

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2-EthylHexyl Acetate Market Market By Category

By Purity :

  • Purity ≥ 99%
  • Purity < 99%

By Application :

  • Industrial Solvents
  • Performance Chemicals

By End Use Industry :

  • Automotive & aerospace
  • Paints & Coatings
  • Leather Industry
  • Cleaners & Paint Stripping System
  • Others

By Region :

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. FMI Analysis and Recommendation

2. Market Overview

2.1. Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global 2-Ethylhexyl Acetate Market Demand Analysis 2014-2021 and Forecast, 2022 – 2029

continued…!

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Synthetic Quartz Market Size 2022 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2029

The global synthetic quartz market is expected to witness a year over year growth of 6.3% in 2022 to reach a value of US$ 93.0 Mn by 2022 end. The global business is anticipated to witness a considerable CAGR of 6.1% during the period of 2022 and 2029.

Synthetic Quartz Market Size (2021A) US$ 93.0 Mn
Synthetic Quartz Sales (2022E) US$ 98.9 Mn
Projected Synthetic Quarts Market (2029F) US$ 149.4 Mn
Value CAGR (2022-2029) 6.1%
Collective Value Share: Top 3 Countries (2022E) 46.8%

The electronics industry solely relies on components such as semiconductors, optical fibers, and solar cells. These electronic components utilize synthetic quartz crystal due to its important intrinsic properties. Technological developments are driving the need for high-performance electronic equipment, and have subsequently propelled the sales of synthetic quartz.

Rising demand for electricity in tandem with exhaustion of existing energy sources have accented the need for renewable sources of energy such as solar energy. Globally, the adoption of solar panels is on a steady rise, attributed to increasing power/ electricity consumption in urban and semi-urban areas. Further, notable upsurge in government-funded solar energy projects, especially in China, and India, are expected to work in favor of the synthetic quartz market.

Rising adoption of new technologies in electronics & communication and rapid evolution of automotive industry is expected to fuel the growth of global synthetic quartz market.

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Key Takeaways – Synthetic Quartz Market Report 
  • Synthetic quartz crystal is expected to grow at a higher rate, increasing its market share on account of growing use in end-use industries during the forecast period.
  • The semiconductor industry places the most stringent requirements on quartz purity, creating positive impact on demand for synthetic quartz.
  • East Asia holds a prominent share of the synthetic quartz market due to presence of strong electronics and automotive sectors in countries such as China, South Korea, and Japan. China is one of a major producers and exporters of electronics. Moreover, it has good production to sales ratio (appx. 98%) for electronics. South Korea has a significant share in the global automotive sector.
  • Synthetic quartz and competitive products are gaining more attention from EUV lithography market players.
  • Developing countries have witnessed growth in per capita income, especially in rural areas. Ease of buying electronic appliances has driven the growth of synthetic quartz components in developing countries

Market Landscape Moving towards Consolidation

The synthetic quartz market is highly technology-driven and is dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global synthetic quartz market, Kyocera, Murata Manufacturing, Hereaus (Shin-Etsu), Asahi Glass Company, and others are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

What Does Future Hold?

Increasing purchasing power of customers from developing regions and ease of purchasing electronic appliances is expected to drive the growth of the synthetic quartz market. Moreover, on account of increasing use of synthetic quartz in optical communication, recent developments and growth in optical industry, the synthetic quartz market is projected to witness robust growth during the forecast period.

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Synthetic Quartz Market By Category

By Product Type :

  • Synthetic Quartz Crystal
  • Synthetic Quartz Glass

By End Use :

  • Electronics & Electrical
  • Automotive
  • Military
  • Medical
  • Construction
  • Others

By Region :

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

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 Taxonomy

2.2. Market Definition

3. Key Trends & Success Factor

3.1. Key Trends Impacting the market

3.2. Success Factor

4. Global Synthetic Quartz Market Demand Analysis 2014 – 2021 and Forecast, 2022 – 2029

4.1. Historical Market Volume (Tons) Analysis, 2014 – 2021

4.2. Current and Future Market Volume (Tons) Projections, 2022 – 2029

4.2.1. Y-o-Y Growth Trend Analysis

5. Global Synthetic Quartz Market – Pricing Analysis

continued…!

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

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Oil & Gas Pipeline Coatings Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2029

According to Future Market Insights (FMI), the global oil & gas pipeline coatings market registered a year-on-year (YoY) growth of 5.5% in 2021. Demand in the oil & gas pipeline coatings market is projected to grow at a value of 5.6% CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to top US$ 4,733.4 Mn in 2022.

Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 7 Bn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly account for increasing demand for oil & gas pipeline coatings in the market.

Paradigm shift in coating technologies, along with increase in global energy consumption and proliferating oil & gas pipeline projects will continue pushing sales in the oil & gas pipeline coatings market. Considering this, FMI has forecasted the global oil & gas pipeline coatings sales to reach a valuation of US$ 6,958.0 Mn in 2029.

What was the Impact of COVID-19 Crisis on Oil & Gas Pipeline Coatings Market?

Impact of the COVID-19 pandemic on the chemical and materials industry was moderate. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of oil & gas pipeline coatings. However, the falling demand had its own pros such as fewer gas flares and environmental benefits.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the oil & gas pipeline coatings market.  Increasing prospects of fusion bonded epoxy oil & gas pipeline coatings due to their corrosion resistance properties are also expected to boost demand for the coatings in the forthcoming years.

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Oil & gas Pipeline Coatings Market​ Key Takeaways

  • Fusion bonded epoxy (FBE) coatings, attributing to their low coefficient of friction and low permeability, create a tight barrier that prevents permeation of cold and hot liquids. This property would continue to position them as a preferred choice for oil & gas pipeline coatings.
  • The Asia Pacific region, which has more than 10,000 miles of pipeline under construction and further over 9,750 miles of planned pipeline projects, is likely to reflect robust growth opportunities facing players operating in the oil & gas pipeline coatings market.
  • With crude oil prices recovering, investments in the oil & gas industry are projected to rise by 6% between 2017 and 2025. These will fuel exploration & production activities around the world, propelling oil & gas pipeline coatings demand.
  • In the upstream segment, although onshore sector constitutes most of the market share, offshore sector, driven by increasing investments, is estimated to witness robust growth in the oil & gas pipeline coatings market.
  • Stringent regulations pertaining to volatile organic compound (VOC) emissions are anticipated to impede the growth of solvent-based oil & gas pipeline coatings, which are prone to VOC emissions during the drying process.

Pipe laying in deep waters or high operating temperatures, and increasing corrosive properties of flow materials have been driving advancements in pipeline coatings. These advances such as thermal insulation will bring forth a range of new technological frontiers in the pipeline coatings space in the near future.

Market Landscape Moving towards Consolidation

The oil & gas pipeline coatings market is technology driven and remains dominated by a handful of players that possess extensive R&D capabilities. Leading players operating in the global oil & gas pipeline coatings market, Akzo Nobel N.V., PPG INDUSTRIES, Sherwin-Williams Company, Axalta Coating Systems, RPM International Inc., and BASF SE, are focusing on acquisitions of smaller and technology-driven paint & coating manufacturers to build on their product expertise and enhance market positioning.

What Does Future Hold?

Crude oil prices are extremely volatile in nature, affected by growing U.S. oil & gas production, OPEC production cuts, and oversupply of crude oil. Considering the number of pipeline projects in the construction phase and older, existing pipelines in need of reconditioning, the oil & gas pipeline coatings market is projected to witness robust growth during the forecast period.

Interested in Detailed Actionable Insights?

Future Market Insights has published a market research report on the oil & gas pipeline coatings market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the oil & gas pipeline coatings market through four different segments, namely coating type, formulation base, application, and region. The oil & gas pipeline coatings market report also provides demand trends of different coating types across three industry verticals, a comprehensive list of service providers in the market, various pipeline coating projects around the world along with a detailed overview of the parent market.

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Competitive Landscape

Leading players operating in the oil & gas pipeline coatings market are focusing on customized product development for target applications of oil & gas pipeline coatings. Apart from this, players are focusing on expanding their production capacities to serve more end users, in order to gain a competitive edge. For instance:

  • In July 2019, Akzo Nobel N.V. announced plans to add three new production lines at its Changzhou powder coatings plant in China.
  • In September 2017, Axalta Coating introduced its latest addition to corrosion resistant internal pipe coatings line from Nap-Gard® Functional Coatings collection.

Oil & Gas Pipeline Coatings Markey By Category

By Coating Type:

  • Fusion Bonded Epoxy
  • Polyurethane
  • Coal Tar Enamel
  • Concrete
  • Polyolefin
  • Others

 By Formulation Base:

  • Water Based
  • Solvent Based
  • Powder Based

By Application:

  • Upstream
    • Onshore
    • Offshore
  • Midstream
  • Downstream

By Region:

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

Table of Content

1. Executive Summary

1.1. Demand Trends

1.2. Supply Trends

1.3. FMI Analysis and Recommendations

1.4. CRM Strategy

1.5. Global Market Outlook

1.6. Technology Evolution

2. Market Overview

2.1. Market Definition

2.2. Market Coverage / Taxonomy

3. Key Market Trends

4. Global Oil and Gas Pipeline Coatings Market Demand Analysis 2014-2021 and Forecast, 2022-2029

5. Pricing Analysis

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/oil-and-gas-pipeline-coatings-market
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Mass Finishing Consumables Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2029

According to Future Market Insights (FMI), the global mass finishing consumables market registered a year-on-year (YoY) growth of 4.7% in 2021. Demand in the mass finishing consumables market is projected to grow at a value of 4.9% CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to top US$ 206.8 Mn in 2022.

Mass finishing consumables Value (2021A) US$ 197.2 Mn
Mass finishing consumables Value (2022E) US$ 206.8 Mn
Mass finishing consumables Value (2029F) US$ 288.7 Mn
Value CAGR (2022-2029) 4.9%
Collective Value Share: Top 3 Countries (2021A) 43.7%
Heightened demand for surface finishing from end-use industries, along with preference for in-house surface finishing with growing usage of digital control systems will continue pushing sales in the mass finishing consumables market. Considering this, FMI has forecast the global mass finishing consumables sales to reach a valuation of US$ 288.7 Mn in 2029.
New entrants in the global mass finishing consumables market can benefit by penetrating emerging economies in East Asia, where substantial growth is seen in the manufacturing sector.
Implementation of digitization and automation technologies over conventional technologies in the production line, product innovation, and footprint expansion remain key strategies followed by mass finishing consumables manufacturers to enhance productivity and to capture new market opportunities.
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Key Takeaways – Global Mass Finishing Consumables Market
  • Non-metallic abrasives provide more contact area during finishing process than metallic ones, thus enabling the dimensions of parts to stay intact. Furthermore, non-metallic abrasives are best suited for both wet and dry applications. This leads to growing preference for non-metallic abrasives (ceramic, plastic, and porcelain) over metallic abrasives (such as steel).
  • Ceramic and plastic mass finishing consumables are estimated to account for more than 70% of total mass finishing consumables worldwide.
  • Plastic mass finishing consumables are generally recommended for use with softer metals, such as aluminum, brass, and zinc.
  • Use of fixtures is an upcoming trend. This process increases flow of media onto component surface, thereby contributing to an increased finishing action.
Reducing Third-party Dependence for Finishing Services to Propel Market Growth

Sustainable growth of investment in the manufacturing sector is expected to play a key role in driving the growth of the mass finishing consumables market across the globe. From the perspective of end-use industries, surface finishing is used in almost in every industry for cleaning and refurbishing metallic and non-metallic parts. End users are dependent on third-party service providers, which increases production cost and negatively impacts profitable margins.  The high cost involved influences such end users to opt for in-house surface and finishing technologies and to enhance productivity along with reducing cost and time.

Key Segments Covered

By Media Type:

  • Steel
  • Ceramic
  • Plastic
  • Aluminium Oxide
  • Others (Wood, Agro-based, Special Plastic, Porcelain)

 By Application:

  • Deburring
  • Pressure Deburring
  • Grinding
  • Polishing
  • Cleaning & Degreasing
  • Descaling, Corrosion & Rust Removal
  • Ball Furnishing
  • Surface Finish & Refinement

 By End-use Industry:

  • Automotive
  • Aerospace
  • Construction
  • Machine Tooling
  • General Manufacturing
  • Jewellery and Accessories
  • Healthcare

 By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Overview

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Analysis and Recommendations

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global Mass Finishing Consumables Market Demand Analysis 2014-2018 and Forecast, 2019-2029

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.

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Lithium and Lithium Ion Battery Electrolytes Market Outlook, Current and Future Industry Landscape Analysis 2029

A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2021 and opportunity assessment for 2022-2029. The report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2022-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing activities across geographies.

The global lithium and lithium ion battery electrolytes market value in 2022 is estimated at ~US$ 4,215.2 Mn, and is expected to increase at a CAGR of ~13.2% over the forecast period of 2022-2029. This progress in the market is majorly propelled by the growing consumption of lithium and lithium ion battery electrolytes as battery material for electric vehicles and electronics such as laptops, cameras, and personal digital assistants, among others.

Base Year Value (2021A) US$ 3,772.4 Mn
Estimated Year Value (2022E) US$ 4,215.2 Mn
Projected Year Value (2029F) US$ 10,054.4 Mn
Value CAGR (2022-2029) 13.2%
Collective Value Share: Top 3 Countries (2022E) 88.8%

Ascending sales of electric vehicles in recent times has been working to the advantage of the lithium and lithium ion battery electrolytes market players. In order to win in the innovation game, manufacturers are continuously leveraging newer materials and novel technologies, according to the FMI’s analysis.

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The power and energy industry has started using electrolytes for energy storage plants in multiple areas, increasing the usage of electrolytes for powering general industrials such as forklift, cement mixers, and air filters, among others.

China’s Market Attractiveness Rising

Although regions such Europe and North America are anticipated to hold significant market shares in the future, currently, the lithium and lithium ion battery electrolytes market growth is expected to be spearheaded by China, Japan, and South Korea.

Moreover, macroeconomic factors such as increment in GDP, consumer electronics, and automotive fleet as well as new production, increasing specialty chemical industry, and overall growth in the manufacturing sector are expected to reflect significant increase in opportunities in Asia Pacific. As a consequence, the growing automotive and consumer electronics industry is expected to increase the usage of lithium and lithium ion battery electrolytes significantly.

Extensive Usage in Consumer Electronics and Automotive Industries

The lithium and lithium ion battery electrolytes market is segmented in four different segments, which are product, form, end use, and region.

  • By form, the liquid electrolytes are expected to hold a prominent share over the forecast period of 2022-2029.
  • By product, lithium-based electrolytes are consumed on a greater scale as compared to their counterparts including sulfide-, polymer-, and oxide-based electrolytes.
  • In terms of end-use, consumption of lithium and lithium ion battery electrolytes by the automotive industry is expected to account for relatively high sales, due to its growing application in batteries for electric vehicles. Increasing preference for greener modes of transportation, i.e., electric vehicles, has led to increasing production of electrolyte-powered batteries for these electric vehicle, thereby fueling the growth of the lithium and lithium ion battery electrolytes market.

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Lithium and Lithium Ion Battery Electrolytes Market by Category

By Form:

  • Liquid
  • Solid
  • Gel

By Product Type:

  • Lithium Based
  • Sulfide Based
  • Polymer Based
  • Oxide Based
  • Others

By End Use:

  • Automotive
  • Consumer Electronics
  • Power & Energy
  • General Industrial

Lithium and Lithium Ion Battery Electrolytes Market: Key Players’ Insights

This lithium and lithium ion battery electrolytes report focuses on few key market players, some of these have come out as market leaders. Few examples of such manufacturers in the lithium and lithium ion battery electrolytes market are as follows:

Shenzhen Capchem Technology Co Ltd, Shanshan Technology, Soulbrain MI, Guangzhou Tinci Materials Technolgy Co., TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD., GuangDong JinGuang High-Tech Co., Ltd, PANAX-ETEC, UBE Industries, and Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd.

The global lithium and lithium ion battery electrolytes market is highly consolidated with few players being prominent in the lithium and lithium ion battery electrolytes market under their trademarked names such as Sol-Rite, POWERLYTE®, NANOMYTE® Series, and LMP® battery, among others.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Market Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Development Trends

4. Key Success Factors

5. Global Lithium and Lithium Ion Battery Electrolytes Market Demand Analysis 2014-2018 and Forecast, 2019-2029

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.

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Automotive Bioplastics Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

Future Market Insights (FMI) has forecasted the Automotive Bioplastics Market to grow with a year on year growth of 10.3% in 2022 reaching a value of about US$ 687.5 Mn by 2022 end.

The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2022-2029.

Automotive Bioplastics Market Base Year Value (2021A) US$ 623.3 Mn
Automotive Bioplastics Market Estimated Year Value (2022E) US$ 687.5 Mn
Automotive Bioplastics Market Projected Year Value (2029F) US$ 1,442.2 Mn
Value CAGR (2022-2029) 10.7%
Collective Value Share: Top 3 Countries (2022E) 49.4%

The global automotive bioplastic market is estimated to be valued at ~US$ 521 Mn in 2022 and is expected to increase at a CAGR of ~11% during the forecast period. As per the comprehensive analysis provided in the report, the global automotive bioplastic market is anticipated to witness considerable growth in the coming years owing to the steady increase in the adoption of bioplastic materials for various car components.

Application wise, the interior segment is expected to hold prominent value share of the global automotive bioplastic market. This segment includes seats, dashboard, air-duct, HVAC, and other related interior components.

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Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s analysis. Automotive bioplastic materials are not as affected by oil price instability the way petroleum-based materials are. Automotive bioplastics help reduce the dependency on limited fossil resources, which is a key growth driver for market, with fuel prices projected to surge significantly over the coming years.

Rising Demand for Electric Vehicles to Create High Growth Opportunities

Increasing environmental awareness and inconsistent fuel prices have influenced consumers, particularly in developed countries of North America and Europe, to opt for electric car models, such as plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).

Growing urban population, incentives for use of electric vehicles, reducing battery prices, strengthening transportation infrastructure in developed and emerging countries, and inter-governmental steps for electric vehicles are further driving the adoption of electric cars. This, in turn, is anticipated to contribute to the demand for automotive bioplastic materials during the forecast period.

Governments have put immense pressure on automotive manufactures to reduce vehicle weight to achieve fuel economy. Nowadays, weights of vehicle modules in newer vehicles are much lighter than conventional ones, which had metal bodywork. It has been observed that these were nearly twenty percent heavier than today’s modules.

Companies are heavily investing in research & development and manufacturing strategies to reduce the weight of several body components. OEMs prefer bioplastic-based materials over conventional raw materials (steel) for specific applications as these help reduce the weight of the vehicle significantly and have other technological advancements over other materials.

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive bioplastic market. Few examples of key players in the automotive bioplastic market are Mitsubishi Chemical Corporation, Total Cobion PLA, NatureWorks LLC, Solvay Group, Eastman Chemical, Arkema Group, Braskem, Evonik Industries AG, BASF SE, and Dow Chemical Company, among others.

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Automotive Bioplastics Market by Category

By Material :

  • Bio PA
  • Bio-PTT
  • Bio PET
  • Bio PBS
  • Bio PP
  • Bio PE
  • Others

By Vehicle :

  • Passenger Car
    • Compact
    • Mid Size
    • Luxury
    • SUVs
  • LCV
  • HCV
  • Electric Cars
    • BEV
    • HEV
    • PHEV

By Application :

  • Exterior
    • Bumper
    • Tailgate/Liftgate, Hood
    • Body Hardware
    • Others
  • Interior
    • Seats
    • Dashboard
    • Air Ducts
    • HVAC
    • Others
  • Engine Surrounding
    • Engine Covers/Valve Covers
    • Fuel Hoses/ Lines
  • Others

By Region :

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

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Recent Trends

3.2. Channel and Product Analysis

4. Key Success Factors

4.1. Product Adoption Analysis

4.2. Key Pros and Cons of Petrobased and Biobased Plastics

5. Market Background

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.
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/automotive-bioplastic-market
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Hydroxypropyl Distarch Phosphate Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2029

The global Hydroxypropyl Distarch Phosphate Market was valued at ~ US$ 1.8 Bn in 2022, and is expected to propagate at a CAGR of ~ 5.8% during the forecast period of 2022-2029. This growth is prominently driven by the growing consumption of hydroxypropyl distarch phosphate in the several end use industries such as food, cosmetics, and pharmaceutical.

Attribute Details
Hydroxypropyl Distarch Phosphate Market Estimated Size 2022 US$ 1.8 Bn
Hydroxypropyl Distarch Phosphate Market Value-based CAGR (2022-2029) ~5.8%
Hydroxypropyl Distarch Phosphate Market Size in Projected 2029 US$ 2.6 Bn

A new market research report by Future Market Insights on the hydroxypropyl distarch phosphate market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report examines the hydroxypropyl distarch phosphate market and provides key perceptions for the forecast period of 2022-2029.

As per findings of the report, the global hydroxypropyl distarch phosphate market is projected to witness substantial growth throughout the forecast period, owing to numerous driving factors such as intensifying demand for processed food globally.

According to FMI’s analysis, key manufacturers are focusing on identifying and leveraging the white spaces in the application of hydroxypropyl distarch phosphate. Additionally, market consolidation in developing Asian countries is likely to remain a key to gaining distinct competitive advantage, due to significant growth of cosmetic industry in the region.

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Rising East Asia Market Attractiveness

In terms of value, East Asia is projected to consigned lucrative growth in the global hydroxypropyl distarch phosphate market during the forecast period.  East Asia is projected to account for dominating region in the global hydroxypropyl distarch phosphate market. Large population and increasing spending power of the residents is driving the processed food market in Asian countries. High GDP growth of India and China has been witnessed in the last few years and is expected to continue during the forecast period.

Moreover, the high growth economies are creating opportunities for food industry to grow at a good pace. Growth in food consumption will ultimately reflect the growth in food additives. Hydroxypropyl distarch phosphate is consumed in processed food in significant quantity. Therefore, high growth in processed food industry is expected to bolster the growth in demand for hydroxypropyl distarch phosphate

Food Industry to Remain as Significant Consumer of Hydroxypropyl Distarch Phosphate

Globally, the Hydroxypropyl Distarch Phosphate market has been segmented on the basis of grade, application, End-Use and regions.

  • On the basis of grade, the global hydroxypropyl distarch phosphate market is segmented into Halal and Vegan. Halal segment is expected to account for more than 3/4th share of the total hydroxypropyl distarch phosphate market value throughout the forecast period. Increasing focus of consumer on various standards and certification regarding halal and vegan are expected to drive the global hydroxypropyl distarch phosphate market growth in the upcoming years
  • On the basis of application, the global hydroxypropyl distarch phosphate market is segmented into anticaking agent, emulsifier, stabilizer, and thickener. Thickener segment is expected to account for prominent share in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increasing demand for thickener in the processed food is projected to boost the demand for hydroxypropyl distarch phosphate in the food industry across the globe
  • On the basis of end-use, the global hydroxypropyl distarch phosphate market is segmented into food, cosmetics, and pharmaceutical. Food industry is projected to witness lucrative growth and dominating segment in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increased demand for hydroxypropyl distarch phosphate has been observed in industrial applications in cosmetics, pharmaceutical and food & beverages industries. Hydroxypropyl distarch phosphates are mostly used as thickener, emulsifier and stabilizer in these industry.

Competition Landscape

The global hydroxypropyl distarch phosphate market is highly fragmented with the presence of many small and large scale manufacturers. Most of these manufacturers are focusing on the capacity expansion strategy to produce hydroxypropyl starch phosphate for skin care and cosmetics brands. Meanwhile, some of the other key players are aiming to engage in partnerships and joint ventures to co-develop eco-friendly ingredients for the food and beverage industry worldwide.

For instance,

  • In July 2021, Nivea, a personal care brand that specializes in skin and body-care based in Germany, launched WonderBAR Sensitive. It is soap-free, pH optimized and is capable of deep cleaning without stripping the skin. It is formulated with sustainable and natural ingredients, such as distarch phosphate, citric acid, vitis vinifera seed oil, glyceryl oleate, and polyglyceryl-6 caprylate.
  • In October 2019, Cream Silk, a manufacturer of a wide range of hair care products and a subsidiary of Unilever Philippines, Inc., launched its new Cream Silk Hydra Fresh range. It is capable of hydrating every hair strand without the sticky or heavy feel. The new range contains two conditioners, namely, Fresh & Bouncy and Fresh & Hydrated. Both products include hydroxypropyl starch phosphate, glycerin, phenoxyethanol, and helianthus annuus (sunflower) seed oil.

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Hydroxypropyl Distarch Phosphate Market by Category

Product Grade:

  • Halal
  • Vegan

Application:

  • Anticaking Agent
  • Emulsifier
  • Stabilizer
  • Thickener

End Use:

  • Food
  • Cosmetics
  • Pharmaceutical

Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

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 Hydroxypropyl Distarch Phosphate Market Demand Analysis 2014–2021 and Forecast, 2022–2029

To be continued…1

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/hydroxypropyl-distarch-phosphate-market
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Polymeric Sand Market Size 2022 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2028

Significant resurgence in the construction industry in recent years can be backed by the fact that, construction materials manufacturers have been increasingly adopting the Business Information Modelling (BIM) to expand their customer base and increase sales. Key players in the polymeric sand market have been focusing on capitalizing the opportunities in online retail. Polymeric sand manufacturers have been strengthening their visibility in online channels, such as Amazon, in line with search of end-users for established suppliers who have robust e-commerce interface.

Attribute Details
Polymeric Sand Market Estimated Size in 2022 US$ 109.95 Bn
Polymeric Sand Market Projected Size in 2028 US$ 165.36 Bn
Polymeric Sand Market Historical CAGR (2013-2021) 6.5 %
Polymeric Sand Market Value-Based CAGR (2022-2028) 7.0%

Polymeric sand is being highly recommended by pave installers and architects due to the joints formed by

Polymeric sand sales closed in on approximately 84 thousand tons in 2018, according to a new research study of Future Market Insights (FMI). Growth of the polymer sand market is influenced by a wide range of factors including focus of key players on high-quality product offerings with long term warranty, and increasing preference for customized products among end-users.

Spending in the construction industry spurred in tandem with increasing GHDI of consumers worldwide, which has created potential opportunities for the market players to benefit from. This has further led the leading polymeric sand market players to concentrate on assessment of building trends that result from consumer sentiments in regional markets with growth potential. These players are entering into tie-ups with government entities and building contractors as a long-term sales growth strategy.

Providing customer requirement-specific products at competitive prices, considering the economic tier and purchasing power of the customer base, continue to remain one of primary objectives of the players in the polymeric sand market. Additionally, efforts of the players toward product and brand endorsements for creating awareness on the benefits of polymeric sand among the targeted customers, continues to significantly underpin the market growth.

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Demand Remains Robust for Footpath Construction, Sales in Patios to Gain Fast Traction

Footpath construction has traditionally been the most lucrative application of polymeric sand, however sales in forming patios have gained significant momentum in recent years. The report opines that gains from polymeric sand sales in patio construction are expected to remain competent compared to those from footpaths in 2021, currently accounting for approximately 23% and 25% market share respectively.

As the focus of homeowners on expanding their residential areas into outdoors that feature covered patios, media centers, and kitchens, demand for polymeric sand to build patios continues on an upward spiral. According to the report, nearly 50% of houses have patios in the US alone. Additionally, several homeowners prefer larger patios over basic plan outlines, and those facing budget stringency eye plumbing & wiring activities for outdoor kitchens and other amenities.

Residential Sector to Hold Majority Share in Polymeric Sand Market

The report states that residential end users hold nearly half volume share of the polymeric sand market, representing the volume of over 35 thousand tons in 2018. Resurgent growth of the housing industry and renovation activities by homeowners in the recent past allude growing demand for various construction materials and consumables, which has been indirectly influencing demand for polymeric sand. The advent of polymeric sand has offset the challenges associated with washout owing to lack of binders in sand, while preventing the growth of weeds, ant hills, and grass as a consequence.

According to the study, gains will also remain strong from the commercial sector, wherein sales are partly driven by large-scale infrastructure development projects worldwide, particularly in developing economies of the Asia-Pacific. Another key factor influencing sales of polymeric sand in the commercial sector is increased focus of governments on strengthening their energy infrastructure, and investing in the development of transit facilities.

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Key Segment

Product type

  • Polymeric Sand
  • Polymeric Dust

Colour

  • Beige
  • Gray
  • Black & Others

Application

  • Footpaths
  • Patios
  • Pool Decks
  • Parking Spaces
  • Pavements & Auxiliary Spaces

End Use

  • Residential
  • Commercial
  • Infrastructural

Region

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

2. Recommendation  & Analysis

3. Key Success Factors

4. Market Introduction

5. Global Polymeric Sand Market Demand Analysis 2013-2021 and Forecast, 2022-2028

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/polymeric-sand-market
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Medical Grade Coatings Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031

The growing demand for medical device and enlargement of the scientific devices zone in various regions had been creating possibilities for the increase of the clinical grade coatings marketplace. As per a examine through future market Insights, the medical grade coatings market will enlarge at a CAGR of 6.7% in the course of the forecast length of 2021-2031.  As according to the report, amongst materials used, the demand for polytetrafluoroethylene or PTFE is drastically high. PTFE substances have wider programs in coating and are utilized in hydrophobic, anti-microbial, and other coatings. It’s far anticipated to account for almost 33% of medical grade coatings synthetic in 2021 in phrases of fee.

Regionally, North the usa and Europe will stay key markets. Of these, North the united states is anticipated to remain dominant. The presence of a properly-developed healthcare infrastructure will maintain helping boom in those regions.

 “Growing demand from medical sector is expected to drive the medical grade coatings sales. While developed countries will continue exhibiting demand, stagnancy in certain pockets will compel market players to explore options in emerging economies. Considering the presence of unmet medical needs and increasing focus on expansion of healthcare sector, medical grade coatings manufacturers will find conducive environment for growth in  emerging nations,” says an FMI analyst.

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Key Takeaways of Global Medical Grade Coatings Market Study

  • Medical grade coatings market is expected to surpass US$ 6.68 Bn in 2021
  • The U.S. will emerge dominant, accounting for nearly 85% of sales in North America. Thanks to increasing focus on healthcare research, the U.S. will continue spearheading growth in the region
  • The U.K. will exhibit 5.4% y-o-y growth in 2021, driven by increasing healthcare spending
  • Germany and France will remain attractive pockets for sales within Europe
  • China will remain the leading market for medical grade coatings in East Asia, followed by Japan and South Korea.

The global medical grade coatings market is anticipated to grow substantially owing to the development in the medical as well as health-care sector and increasing investment in innovation and development of medical devices and equipment. Outbreak of COVID-19 has significantly impacted the global medical grade coatings market. The rising demand for various medical equipment and devices to offer efficient care to a mounting number of patients created prospects for medical grade coatings sales.

Who is Winning?

The global medical grade coatings market has been identified as a significantly fragmented market. The Tier 1 manufacturers account for maximum share in the global market. Some of the  leading players included in the report are DuPont, Koninklijke DSM NV, SurModics, Inc., Speciality Coating Systems Inc. Precision Coating Co. Inc., Biocoat Inc., Covalon Technologies Ltd., Harland Medical Systems Inc., Hydromer Inc., Medicoat, Inc. Aculon Inc., and AST Products Inc the manufacturers across the globe are anticipated to create tough competitive environment on the global level.

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Medical Grade Coatings Market by category

Material

  • PTFE
  • PVDF
  • Silicone
  • Parylene
  • Metals
  • Others

Application

  • General Surgery
  • Cardiovascular
  • Orthopedics
  • Neurology
  • Gynecology
  • Dentistry
  • Others

Type

  • Hydrophilic
  • Hydrophobic
  • Anti-Microbial
  • Drug Eluting
  • Others

Formulation

  • Solvent Based
  • Water Based
  • Powder Coating

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

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

5. Global Medical Grade Coatings 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/medical-grade-coatings-market
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