Amino Acids Market | Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032

The Amino acid market is expected to see a substantial CAGR of 7.4%, and is projected to increase from 24.2 billion in 2021 to 62.1 billion by 2032.

The demand for wholesome food has increased, along with customers’ knowledge of their health. This has forced food and beverage producers to make products boosted with necessary nutrients, such as amino acids, which has increased consumer demand for amino acids.

An increase in international athletic events and greater knowledge of the physiological benefits of amino acids on muscle building are driving the expansion of the amino acids market. Biotechnology advancements had a significant role in the creation of proteinogenic amino acids, which are added to proteins during translation and enhance amino acid sales.

Amino acids are used in animal nutrition supplements to improve animal health and productivity, which raises the demand for amino acid. Amino acids are produced utilizing numerous biotechnology-based methods.

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Throughout this time, it is projected that increased consumer spending and purchasing power due to rising disposable income would present lucrative opportunities for the amino acids market.

The regional market for amino acid is anticipated to grow as a result of expanding production of amino acids and rising feed additive exports from significant countries like China and Japan.

The increasing usage of animal feed additives that contain a proportionate number of well-known amino acids, such as lysine, methionine, and threonine, for improving animal development performance is expected to drive the market for amino acid in Europe.

Key Takeaways from Market Study

  • The amino acid market is expected to have a CAGR of 7.4% during the forecast period.
  • The market is segmented based on raw material, wherein the plant-based segment accounted for a significant global amino acid market share of 86% in 2021.
  • The market is segmented based on product, wherein the L-glutamate accounted for an adequate global amino acid market share of 47.5% in 2021.
  • The market is segmented based on application, wherein the food and dietary supplements segment accounted for a global amino acid market share of 56.1% in 2021.
  • The market is segmented based on application, wherein the poultry segment accounted for a significant global amino acid market revenue share of 41.8% in 2021.
  • The Asia-Pacific amino acid market is anticipated to grow at the fastest rate, with a sales share of 48.5% during the forecast period.
  • The Europe amino acid market is expected to grow significantly during the forecast period.

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Competitive Landscape

Due to the abundance of well-established market competitors and major amino acid market players operating globally, the amino acid market is fragmented. The amino acid market has been distinguished by large manufacturing capacity and well-established enterprises.

Ajinomoto Co., Inc., KYOWA HAKKO BIO CO., LTD., Evonik Industries AG, AMINO GmbH, and Taiwan Amino Acids Co. Ltd. are some major key players in the amino acid market.

Key Players

  • Ajinomoto Co., Inc.
  • KYOWA HAKKO BIO CO., LTD.
  • Evonik Industries AG
  • AMINO GmbH
  • Taiwan Amino Acids Co. Ltd.

Key segments

By Raw Material:

  • Plant Based
  • Animal Based

By Application:

  • Animal Feed
  • Food & Dietary Supplements
  • Pharmaceutical

By Livestock:

  • Swine
  • Poultry
  • Cattle
  • Others

By Product:

  • L-Glutamate
  • Lysine
  • Methionine
  • Threonine
  • Tryptophan
  • Leucine
  • Iso-Leucine
  • Valine
  • Glutamine
  • Arginine
  • Glycine
  • Phenylalanine
  • Tyrosine
  • Citrulline
  • Creatine
  • Proline
  • Serine
  • Others

Recent Developments:

  • The launch of Ambition, an amino acid-based medicine created specifically for the Chinese market, was announced by the Leverkusen, Germany-based pharmaceutical company Bayer AG in January 2022. The item contains 19 different kinds of amino acids, including glutamic, alanine, and glycine acid.
  • To increase milk yield, ADM introduced NutriPass L, an encapsulated lysine supplement.

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Automotive Gudgeon Pin Market Size, Share, Growth Trends, and Forecast Analysis to 2027

The approximately US$ 3.3 billion market for automotive gudgeon pin is poised for a moderate, just-under 5% yearly growth in the revenue, in 2022. A new study by Future Market Insights emphasizes the critical role of aftermarket in influencing the overall sales picture of automotive gudgeon landscape.

Future Market Insights (FMI) has estimated the Automotive Gudgeon Pin market to grow with year on year growth of 4.3% in 2022 reaching value of about US$ 3,149.4 Mn by 2022 end. The global industry is projected to observe a significant CAGR of 5.0% by value during the period of 2022 and 2027.

The report also sheds lights on the significance of a growing trend involving green combustion engine technologies in shaping the competitive landscape of automotive gudgeon pin marketplace.

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Research spots a few prominent attributes favoring adoption of gudgeon pins in automobile –

  • Growing proclivity for automation
  • Increasing demand for high efficiency, smart engine systems
  • Material innovation to deliver stronger, lightweight, and corrosion resistant products
  • Introduction of enduring gudgeon pins with high load capacity

Automotive Gudgeon Pin Market Remains a Consolidated Landscape

The market structure analysis uncovers that the global automotive gudgeon pin landscape is fairly consolidated owing to significant presence of Tier 1 and Tier 2 companies. Accounting for more than 55% share in the global market value, Tier 1 players such as Mahle GmbH and Federal Morgul continue to augment investments in strategic acquisitions and collaborations, according to the report.

A majority of competitors operating in the global landscape of automotive gudgeon pin market are likely to focus on new product development and launches for an enhanced market position through a unique brand value. Moreover, the report points to a growing focus of a number of gudgeon pin manufacturers on extending product lifespan through diamond surface finishing.

Based on the mechanism, full floating mechanism remains highly preferred among manufacturers of automotive gudgeon pins, which has been attributed to the capability of full floating mechanism to facilitate power transmission to crankshaft from piston. The adoption of semi-floating mechanism on the other side is projected to progress at a moderate pace during upcoming years.

High-end Automakers Shifting to Titanium-based Gudgeon Pins

As indicated by the material-wise analysis of the global automotive gudgeon pin market, steel has been a prominent choice among manufacturers owing to superior efficiency to function within high temperature ranges, i.e. up to 3000 Celsius.

However, titanium is gradually emerging as a more lucrative and favored material type among key manufacturers of automotive gudgeon pins. Titanium-based gudgeon pins, projected for rapid growth in adoption especially for high performance vehicles, is earning higher popularity owing to an exceptional ability to function at temperatures as high as 15000 Celsius that is manifold compared to that of steel.

Aftermarket Reflects Noteworthy Potential in Terms of Sales

Research evaluates the impact level of growing purchasing power of consumers on the overall sale of automotive gudgeon pins. With an increasing number of consumers actively investing in high-end cars, it is more likely that the subsequently growing demand for premium vehicle maintenance and servicing would fuel the demand for aftermarket parts at a high pace. Automotive gudgeon pins are thus likely to discover lucrative adoption opportunities in both the segments, aftermarket as well as OEMs, says the report.

Over 50% of the US consumer base prefers aftermarket supplies of automotive components over expensive parts supplied by OEMs. While the US has been among the key automotive markets over the years, the aforementioned statistical figure will reportedly account for a significantly growing revenue share of aftermarket in the automotive gudgeon pin landscape.

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Automotive Gudgeon Pin Market By Segmentation

By Material Type:

  • Steel
  • Titanium
  • Aluminum

By Product Type:

  • Fixed Pin
  • Semi-Floating Pin
  • Full Floating Pin

By Vehicle Type:

  • Passenger Car
  • LCV
  • HCV
  • Two Wheelers

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APAC
  • MEA

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Two-wheeler Parc Boosts Market Growth in Emerging Economies

Dramatically fostering automotive production in major developing regions including Asia Pacific, Africa, and Latin America is projected to boost automotive gudgeon pin sales in OEMs segment. Passenger cars currently take up an approximate share of 50% in the total market value.

The bolstering two-wheeler parc across prominent emerging economies such as China, India, Turkey, Brazil, Mexico, and ASEAN countries is most likely to hold a positive impact on the sales of automotive gudgeon pins in coming years.

A promising growth outlook estimated for emission-less vehicles such as solar-powered automobiles and electric vehicles, which are currently in a nascent phase, will however hold a considerably negative influence on the current revenue growth scenario of automotive gudgeon pin market in both developed and developing regions.

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Phenoxycycloposphazene Market | Size, Top Key Players, Latest Trends, Regional Insights and Industry Dynamics By 2032

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Phenoxycycloposphazene. FMI provides a new study to elucidate the potential growth parameters of the Phenoxycycloposphazene market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Phenoxycycloposphazene market structure.

FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Phenoxycycloposphazene market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Phenoxycycloposphazene in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Phenoxycycloposphazene market.

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In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Phenoxycycloposphazene market is expected to witness in the upcoming decade.

Impact of COVID-19 on Phenoxycycloposphazene Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Phenoxycycloposphazene market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Phenoxycycloposphazene Market Report

  1. How will the Phenoxycycloposphazene market expand through 2032?
  2. Which region is the most lucrative in the Phenoxycycloposphazene market?
  3. What are the recent technological developments in the Phenoxycycloposphazene market?
  4. What are key challenges and competition threats faced by Phenoxycycloposphazene market players?
  5. Who are prominent players leading the Phenoxycycloposphazene market?

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Phenoxycycloposphazene Market: Key Segmentation

By Region

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

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By End-User:

  • Phenoxycycloposphazene for Epoxy Resins
  • Phenoxycycloposphazene for Led Luminous Diode
  • Phenoxycycloposphazene for Copper Clad Plate
  • Phenoxycycloposphazene for Paints
  • Phenoxycycloposphazene for Encapsulating Material

Application:

  • Phenoxycycloposphazene for Halogen Free Fire Retardant

Phenoxycycloposphazene Market: Competitive Evaluation

The FMI’s Phenoxycycloposphazene market report provides a comprehensive analysis on key players operating in the Phenoxycycloposphazene market. Some of the key players are:

  • DuPont,
  • Mitsubishi Chemical,
  • Tianjin Zhongxin Chemtech Co., Ltd.,
  • Zibo Lanyin Chemical Co. Ltd.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Phenoxycycloposphazene market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Phenoxycycloposphazene market

About FMI

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

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BBQ Charcoal Market | | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2032

The global BBQ charcoal market is anticipated to expand at a steady 5.9% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing food industry is boosting demand for BBQ charcoal.

The increasing demand from domestic & personal and commercial sectors is expected to remarkably contribute towards the expansion of the BBQ charcoal market.  The market is mainly driven by the growing demand for grilled food around the world, especially due to the increasing popularity of grilled food among millennials. Increased public health awareness also is expected to drive the growth of the market.

The demand for charcoal barbeque (BBQ) is increasing because they provide grilled food healthier taste and smoky flavor. They emit more heat and are easier to move. The growing trend of backyard grilling is anticipated to drive the market growth in the coming years.  

The rising awareness of healthy lifestyle and changing eating preferences are leading factors increasing the consumption of grilled or baked food. This in turn is driving the demand for charcoals & charcoal grill.  

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Popularity of slow-cooked pork shoulder, chicken breast, thighs, and ribs and other non-veg food items as well as grilled vegetable will result in high demand in the market. Driven by this trend, the number of barbeque restaurants is increasing at a rapid rate in emerging economies, such as India and China, where grilled dishes are increasingly popular.  

Driven by these factors, the global BBQ charcoal market is expected to reach more than US$ 4.85 Bn by the end of 2031, at a compound annual growth rate of 5.9% during the assessment period.  As per FMI, geographically, the market is predicted to be dominated by Europe, which is expected to top US$ 1.7 Bn by 2031.  

 “Focus on healthy food is steering consumers away from fried meals. Instead they are exhibiting high demand for barbeques food and meal preps, which has helped in the growth of the BBQ charcoal market,” says an FMI analyst.  

 Key Takeaways: 

 By product type, demand for lump charcoal is expected to surge at a 6.0 % CAGR over the forecast period. 

  • The charcoal briquettes segment is projected to hold approximately 67.2 % of the total market share in 2021. 
  • Demand for BBQ charcoal in the domestic & personal segment is anticipated to grow at a 6.0 % CAGR through 2031.  
  • Sales of BBQ charcoal in the U.S. are anticipated to increase by 4.8 % year-over-year in 2021.  
  • Poland will emerge as an attractive BBQ charcoal market, with sales growing at a 7.0 % CAGR in 2021.  
  • Demand in China is expected to grow at a CAGR of 5.4% over the forecast period.  
  • Japan and South Korea will collectively account for 36.0 % of the total BBQ charcoal market share in East Asia 2021.  

 Competitive Landscape  

Key market participants in the global BBQ charcoal market elaborated in the report includes Pol-GartenHolz GmbH, BOOMEX GmbH, Oxford Charcoal company, Dancoal, Direct Charcoal Limited, Bracia Tokarscy, Eco Grilly, GrillBon and others.  

Companies operating in the global BBQ charcoal market are focusing on collaborations, mergers, new product development and acquisitions to expand their production facilities and distribution channels.

For instance:  

  • In July 2021, Oxford Charcoal supplied all the charcoal and briquettes to the Shakespeare’s Rose Theatre event at Blenheim Palace Oxfordshire, working alongside Oxford Fine Dining who was on site 10 hours a day cooking burgers and sausages on their two large BBQs. 

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BBQ Charcoal Market by Category

By Product Type:

  • Lump Charcoal
  • Charcoal Briquettes

By Sales Channel Type:

  • Offline
  • Online

By End-Use:

  • Domestic & Personal
  • Commercial

More Insights into the BBQ charcoal Market Report  

In its latest report, FMI offers an unbiased analysis of the global BBQ charcoal market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (lump charcoal, charcoal briquettes), sales channel (offline & online) and end-use (domestic & personal and commercial) across six regions (North America, Latin America, Europe, Europe, East Asia , South Asia Pacific and Middle East & Africa).  

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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 favour 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 Actuator Market Brief Forecast and Analysis by Top Key Players to 2032

Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Bn by 2032.

Automotive actuators are a crucial component of electronic control systems in vehicles as they aid in the conversion of electrical impulses from control units to action. Various types of automotive actuators are utilized in vehicle models, and different actuators perform different roles depending on the vehicle function. The job of the actuator in the engine control system is to operate air flaps for torque and power optimization while maintaining idle speed.

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Actuators in vehicles have become more popular as consumers are becoming more mindful of excessive carbon emissions and high gasoline and diesel usage. These actuators help in the regulation of fuel consumption as well as the reduction of pollutant emissions by supplying the required quantity of fuel to the engine and controlling the fresh air supply.

The automotive actuator market will benefit from rising demand for passenger automobiles over the forecast period. However, the possibility of an electric component failing in an electric actuator, as well as a rise in malfunctioning components, might stifle global automotive actuator market growth. Nonetheless, increasing demand from the automotive sectors in China, the U.S., and Germany is expected to drive growth in the market.

“Rising adoption of fuel-efficient and luxury automobiles, along with increasing production of autonomous vehicles will continue fueling sales of automotive actuators over the assessment period.” says an FMI analyst.  

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Key Takeaways:

  • By product type, transmission actuator sales are expected to grow at a CAGR of 6% over the forecast period.
  • Based on vehicle type, the passenger vehicle segment will dominate the market with more than 75% of the market share.
  • In terms of working type, the electromagnetic segment is expected to lead with a market share of more than 9%.
  • By sales channel, OEM segment is expected to expand at a CAGR of 5% through 2032.
  • Total sales in the U.S. automotive actuators market will reach a valuation of US$ 1.3 Bn by 2032.
  • The China automotive actuators market will offer an absolute incremental opportunity of US$ 3.8 Bn over the forecast period.
  • Germany will account for 31.7% of the Europe automotive actuator market share in 2022.

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Competitive Landscape

Some of the leading automotive actuator manufacturers are Denso Corporation, Hitachi, Ltd., Robert Bosch GmbH, Nidec Corporation, Mitsubishi Heavy Industries Ltd., ZF Friedrichshafen AG, Magna International, Inc., and Mahle GmbH.

Technological developments along with collaborations and mergers and acquisitions by key market participants are expected to fuel the automotive actuator market.

About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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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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Polycarbonate Resins Market | Growth, COVID Impact, Trends Analysis Report Forecast to 2032

Polycarbonate Resins are thermoplastic generally derived from phosgene and bisphenol A. Polycarbonate’s properties include ductility, high strength and amorphous. Polycarbonate resins are manufactured by the condensation process of bisphenol A and phosgene.

Polycarbonate Resins application has been discovered across various industries such as electrical 7 electronics, automotive, medical and films

Global Polycarbonate Resins Market: Drivers & Restraints

Some of the underlying drivers for the global polycarbonate resins market are identified as growing demand for Blu-Ray discs and demand from the automotive industry. Growth in the demand for environmentally products is expected to drive the demand for polycarbonate resins market.

High initial investments and access to licenses are some of the factors hampering the development of new entrants in the polycarbonate resins market. Growing demand for substitutes such as polystyrene is also expected to create threat for polycarbonate resins market.

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Global Polycarbonate Resins Market: Overview

Global carbon fiber reinforced market is expected to expand at CAGR in range of 5% – 9% over the forecast period. Asia Pacific is expected to exhibit the largest market share coupled with highest growth during the forecast period. The growth of Asia Pacific polycarbonate resin market is due to lack of stringent regulations, low labor cost, and availability of raw materials.

Global Polycarbonate Resins Market: Key Players

Major players over the global polycarbonate resins market include SABIC Innovative Plastic, Trinseo S.A., Bayer Material Science AG, Mitsubishi Engineering – Plastic Corporation and Teijin Ltd.

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

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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

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Global Polycarbonate Resins Market: Segmentation

On the basis of application,the global polycarbonate resins market is segmented into:

  • Packaging
  • Optical Media
  • Medical
  • Consumer
  • Electrical & Electronics
  • Automotive
  • Films
  • Others

Report Highlights:

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

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour 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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Park Assist System Market : Value Chain, Stakeholder Analysis and Trends by 2032

The global park assist system market is projected to reach a valuation of US$ 595.6 Mn in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Bn by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher precision using advanced guidance technology that uses radar and ultrasonic based solutions.

The park assist system is customer centric that elevates every phase of the parking experience with advanced parking features that guide drivers to park with confidence. These systems provide great performance, better efficiency, along with increased safety & security for vehicles which is propelling the demand for park assist systems. Along with the above mentioned factors, park assist system also minimizes the chance for potential scratches and dings when parking into very tight places.

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As per FMI, the global park assist system market is expected to be dominated by Europe, followed by East Asia and the trend is predicted to continue during the forecast period. Park assist system market in Europe is projected to top US$ 773.4 Mn by 2032.

“Increasing technological advancements in ADAS systems in autonomous vehicles, along with growing adoption of park assist systems in passenger vehicles will continue pushing sales in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • Based on technology, the ultrasonic sensor segment is projected to hold approximately 6% of the total market share in 2022.
  • In terms of sales channel, demand in the OEM segment is anticipated to grow at a 4% CAGR through 2032.
  • By vehicle type, total sales in the passenger vehicle segment are slated to reach a valuation of US$ 1.7 Bn by 2032.
  • Sales in the U.S. park assist system market are forecast to grow at a 14.6% CAGR over the assessment period.
  • China is expected to hold about 67.4% of the East Asia park assist market share in 2022.
  • Europe will emerge as an attractive park assist system market, creating an incremental dollar opportunity of US$ 588.3 Mn over the forecast period.

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Competitive Landscape         

Key market participants of the park assist system market include Continental AG, Robert Bosch, Denso Corporation, Magna International, Valeo SA, Hitachi Ltd., Delphi Automotive, ZF Friedrichshafen, Siemens AG, and Aisin Seiki Co. Ltd.

Leading park assist system manufacturers are focusing on providing active guidance in parking while enhancing safety and comfort of the passengers. Many players are focusing on technological developments for park assists systems as well as expanding their manufacturing capabilities for ADAS solutions. For instance:

  • In Aug 2020, Robert Bosch along with Ford and Bedrock began research for automated valet parking that can increase the parking capacity and offer other services for vehicles while parked.

More Insights into the Global Park Assist System Market Report

In its latest report, FMI offers an unbiased analysis of the global park assist system market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on technology (ultrasonic sensor, lidar sensor, radar sensor, camera sensor, infrared sensor, pressure sensor), by sales channel (OEM, Aftermarket), by vehicle type (passenger vehicles, LCV, HCV) & by region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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About Future Market Insights – Automotive

The research report analyzes demand for automotive park assists systems. The global vehicle market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of products, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

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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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Silver Nitrate Market | Share, Size, Growth, Competitor Landscape, and Regional Outlook by 2022-2032

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Silver Nitrate. FMI provides a new study to elucidate the potential growth parameters of the Silver Nitrate market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Silver Nitrate market structure.

FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

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FMI’s latest report on global Silver Nitrate market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silver Nitrate in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Silver Nitrate market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Silver Nitrate market is expected to witness in the upcoming decade.

Impact of COVID-19 on Silver Nitrate Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Silver Nitrate market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Silver Nitrate Market Report

  1. How will the Silver Nitrate market expand through 2032?
  2. Which region is the most lucrative in the Silver Nitrate market?
  3. What are the recent technological developments in the Silver Nitrate market?
  4. What are key challenges and competition threats faced by Silver Nitrate market players?
  5. Who are prominent players leading the Silver Nitrate market?

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Silver Nitrate Market: Key Segmentation

By Region

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

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

Grade:

  • Analytical Reagent Grade (ARG)
  • Active Pharmaceutical Ingredient (API) Grade
  • Photographic Grade

Application:

  • Photography & Jewellery
  • Medicine & Healthcare
  • Glass Coating
  • Others (Laboratory, Ceramics, etc.)

Silver Nitrate Market: Competitive Evaluation

The FMI’s Silver Nitrate market report provides a comprehensive analysis on key players operating in the Silver Nitrate market. Some of the key players are:

  • Ames Goldsmith Corporation
  • S D FINE CHEM LIMITED
  • Spectrum Chemical Manufacturing Corp.
  • Sigma-Aldrich Co. LLC
  • Rochester Silver Works LLC
  • Tongling Nonferrous Metals Group Holdings Co. Ltd.
  • Chengzhou Jingui Silver Industry Co. Ltd.
  • K. Chemical Industries Pvt. Ltd.
  • EMD Milipore Corporation
  • Mahi Enterprise
  • Columbus Chemical Industries (CCI)

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Silver Nitrate market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Silver Nitrate market

About FMI

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

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Amniotic Membranes Market Is Projected to Grow Significantly to Reach US$ 2.3 Billion By the Year 2028

According to the latest market report published by Future Market Insights, titled ‘Global Amniotic Membrane Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’, the global amniotic membrane market is expected to expand at a CAGR of 9% over the forecast period 2022–2028.

FMI estimates that the global market for amniotic membrane is to be valued at US$ 1.4 Bn in 2022 and is expected to expand at CAGR of 9% over 2022–2028, to surpass US$ 2.3 Bn by 2028 end. Based on product type, the cryopreserved amniotic membrane segment dominated the global amniotic membrane market, with over 70% value share in 2017. The segment is expected to grow at above 9% CAGR over the forecast period of 2022–2028. North America is expected to maintain its dominance in the global market due to regulatory approvals of several new products in the U.S.

Population of all age groups has emerged as a prominent consumer base, characterised by untapped product segments for amniotic membranes to offer effective wound healing and eye surgeries. This has prompted the amniotic membrane product manufacturers to capitalize on the emerging latent opportunity. The companies in the market are optimistic with regard to increasing amniotic membrane transplants and increasing demand for amniotic membrane products around the world, particularly in North American countries.

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It is more than likely that over the span of the next four to five years, the companies focus on developing innovative products and designing market level strategies to leverage the potential opportunities emerging in parallel with growing human population with various chronic diseases.

Amniotic membrane products such as Amniotic Allograft Membrane and Amniotic Allograft Suspension used to treat surgical wounds and defects of the corneal epithelia have gained traction over the last two decades. The major types of amniotic membranes such as cryopreserved amniotic membrane and lyophilized amniotic membrane have evolved back in the 1990s, but they became significant and the market for amniotic membranes to be used on humans boomed over the past fifteen years.

The global amniotic membrane market has been segmented on the basis of product type, application, end user and regions. Globally, cryopreserved amniotic membrane is the most attractive segment from manufacturers’ point of view. Cryopreserved amniotic membrane is majorly used in ocular surface eye surgery owing to its positive effect on wound healing due to its anti-inflammatory property. Among all end users of amniotic membrane, high demand for amniotic membrane is expected to come from the hospitals segment due to rising application of amniotic membrane in advanced surgical healing.

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By volume, the global amniotic membrane market is expected to expand at 11.4% over the forecast period of 2022–2028. With nearly 43% market value share, North America dominated the global amniotic membrane market in 2017, partly due to penetration of newly approved products in the U.S. Western Europe, the second large market globally, with U.K., France and Germany being countries with high growth rates., is expected to gain 110 BPS in its market share over 2022–2028. APEJ is expected to be the third large market for amniotic membrane. APEJ and China collectively are expected to contribute over 15% share in the global market by 2028 over 2022.

The market for amniotic membrane is highly consolidated with top 5 players contributing over 60% of the revenue share in 2017. Examples of some of the key players identified in the global market are Integra LifeSciencesm Inc., MiMedx Group, Inc., Alliqua BioMedical, Inc., Skye Biologics Inc., Katena Products, Inc., Tissue-Tech Inc., Amnio Technology, LLC, Applied Biologics LLC, Human Regenerative Technologies, LLC, etc. Depth of research, along with proper documentation and statistical validation are factors that could determine a player’s success in the global amniotic membrane market

Some of the key points identified in global amniotic membrane market are:

  • FMI forecasts the global amniotic membrane market to grow at a CAGR of 9.3% over the forecast period by 2028 end. The growth in revenue generation across the amniotic membrane market is registered on the account of rise in amniotic membrane transplants in both developed and developing economies.
  • The hospitals segment has proved to be the leading end user segment on account of increase in number of amniotic membrane transplants, growing awareness among the people about the benefits of the amniotic membrane transplant.
  • Ease of FDA approval for novel and innovative amniotic membrane allografts coupled with adoption of amniotic membrane for varied applications would boost the revenue growth in Germany & the U.S. markets.
  • Most often, apart from major applications including surgical wound and ophthalmology, the use of amniotic tissue in orthopaedic surgery, sports medicine and podiatry treatment has increased in the recent years.
  • The amniotic membranes used majorly to treat human surgical wound needs to be FDA approved, thus amniotic membrane manufacturers focus on getting fast FDA approvals.

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Insights On the Pharmacovigilance Market To 2031 – Key Drivers, Restraints and Opportunities

Future Market Insights (FMI) delivers key insights on the global pharmacovigilance market in its upcoming outlook titled “Pharmacovigilance Market: Global Industry Analysis and Opportunity Assessment, 2021 – 2031”. In terms of revenue, the global pharmacovigilance market is estimated to expand at a healthy CAGR of 14.2% through 2031. The global pharmacovigilance market was valued at US$ 2,759.1 Mn in 2014 and is expected to reach US$ 6,104.1 Mn in 2031, expanding at a CAGR of 14.2% from 2021 to 2031.

The market is segmented based on phase of drug development, type of reporting methods and type of service providers.

Based on phase of drug development, the market has been segmented into preclinical studies, phase I clinical trial, phase II clinical trial, phase III clinical trial and phase IV clinical trial or post-marketing surveillance.

Based on type of reporting methods, the market has been segmented into spontaneous reporting, intensified ADR reporting, targeted spontaneous reporting, cohort event monitoring and EHR mining.

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On the basis of service providers, the market has been segmented into in-house and contract outsourcing. As the number of chemical entities has been growing in the global pharmaceuticals market, pharmacovigilance is increasingly become a mandate for drug manufacturers. Considering the change in regulations, phase III and phase IV studies are being increasingly conducted to monitor the long-term safety outcomes of pharmaceuticals and biological products. Implementation of active pharmacovigilance activities assists in the execution of long-term plans, such as in bringing improvement in patient outcome and minimisation of health care associated costs, particularly related to Adverse Drug Reactions (ADRs), and in the prevention of drug hazards.

To provide deeper insights into the pharmacovigilance market, the report has also been segmented by phase of drug development, type of reporting method and type of service provider.

By phase of drug development, the clinical trial phase III segment is projected to expand at a CAGR of 15.5% in the global pharmacovigilance market by phase of drug development by 2031 end in terms of value. Evaluation of real-time effectiveness of the drug and availability of a facility to conduct trials in state-of-the-art settings, thus complementing the outcomes of premarketing randomised control trials, are the prime benefits availed from pharmacovigilance in phase IV trials. It has also been reported that approximately 57% of the global pharmaceutical companies outsource post marketing operations to CROs in order to avoid the high operational cost associated with technological infrastructure and hiring skilled staff.

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The primary barriers in the market include high risk associated with securing data in case of pharmacovigilance outsourcing and lack of availability of skilled workforce specialising in drug monitoring.

The primary trend in the pharmacovigilance market is an increase in dependence on third party services. Other trends include harnessing shorter turnaround times for faster market capitalisation and requirement of highly skilled personnel for monitoring side effects.

Some of the key players identified in the global pharmacovigilance market report include: Accenture plc, Bristol-Myers Squibb, Clinquest Group B.V., Cognizant Technology Solutions, Covance, Inc., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc (GSK), ICON plc, iGATE Corporation, iMEDGlobal Corporation, inVentiv Health, Inc., Novartis International AG, PAREXEL International Corporation, Pfizer, Inc., Pharmaceutical Product Development, LLC. (PPD), PRA Health Sciences, Inc., Quintiles Transnational Holdings, Inc., Sanofi S.A., Synowledge LLC and Wipro Limited. These companies specialise in pharmacovigilance services, and focus on market consolidation initiatives and analyses of their specific strengths, weaknesses, opportunities and threats to strengthen their position in the market.

The report has been concluded with strategic recommendations for players already present in the market and new players planning to enter the market, which could help them in the near future.

This report assesses factors driving growth of each segment of the market and presents analysis and key insights on the potential of the pharmacovigilance market as per region-specific trends. North America accounted for majority of the pharmacovigilance market revenue in 2014. However, incidences of increasing consumption of drugs and rise in cases of adverse drug reactions are expected to drive growth of the market in Asia Pacific and Latin American regions.

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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