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According to latest research by Future Market Insights, the market is set to witness steady growth during 2021-2031. Demand for Arc Ferrite Magnet will witness a firm recovery in short-term, with optimistic growth outlook in the long-term.

Slightly slow demand from application in electro-acoustic products will mean limited opportunities in near future, however, sales of the market in defense sector will provide much needed momentum.

What is Driving Demand for the Market?

The market demand is driven by its properties that include excellent corrosion resistance, high resistance to demagnetization & their comparatively low prices. The material is also used for many applications owing chiefly to its ability to cover large surface Area.

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Furthermore, the increasing spending capacity of the urban masses driven by rising disposable income is expected to propel the uptake of personal electronics such as smartphones, and automotive vehicles, which helps to provide a thrust to the market growth.

Arc ferrite magnet are also used in motors which are made up of SrO and Fe2O3 materials. While comparing to other magnets, arc magnet is harder and brittle. It has excellent resistance to demagnetization and corrosion. Hence, due to this characteristics and more favorable prices, arc magnet has the highest yield in magnet industry and are widely used in various fields.

Recovery in Automotive Demand Likely to Augment Arc Ferrite Magnet Sales

The key drivers of the industry, includes the growing product utilization, rising disposable incomes, sales of passenger and commercial vehicles, launch of advanced automobiles, and growing product utilisation in medical devices. These factors are expected to aid the market growth during the forecast period.

Because this magnet is used in vehicles as a rotor or stator in motors such as PM motors, electric motors, linear motors, DC motors and many more, the impending recovery in automotive sector demand is projected to positively impact the market.

There is an increased adoption of ferrite magnet in the automotive industry for braking and locking systems, growing sales of passenger and commercial vehicles, introduction of advanced automobiles in the market, and the role of  ferrite magnet as an essential component in various medical devices are expected to have a positive effect on the expansion of the global market.

US and Canada Arc Ferrite Magnet Market Outlook

North America is one of the leading market for arc ferrite market owing to its strong automotive industry and associated technology development. The market demand is led by automotive as well as electronics applications, with the U.S. being one of the world’s top market for sales of vehicles and consumer electronics.

Additionally, the increasing utilization of these ferrite magnet in electro-acoustic products is anticipated to propel the market demand over the forthcoming years.

U.S. based manufacturers of Arc Ferrite Magnet use powder technology process most often. This material is commonly used in U.S. and other developing regions in DC motors, magnetic separator, magnetic resonance, imaging and automotive sensors.

APAC Demand Outlook for Arc Ferrite Magnet

The Asia-Pacific region is the largest market for arc ferrite magnet in terms of regional demand distribution. Strong economic development, followed by substantial investment in industries such as automotive, consumer electronics, and environment & energy is driving the demand of permanent magnet market.

With economic contraction and saturation in the other markets, demand is shifting to the Asia-Pacific region. Moreover, low cost of production is propelling the growth of permanent magnets in the region.

China currently represents both the largest producer and consumer of arc ferrite magnets. China’s cost effective labour and abundance of raw materials has made it a favourable destination for manufacturers of magnets as well as their end users such as manufacturers of electric transformers, inductors and industrial/electronic goods.

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Who are the Key Manufacturers and Suppliers of the Market?

Some of the leading manufacturers and suppliers of Arc Ferrite Magnet include

• Ningbo Yunsheng Co. Ltd.
• Hangzhou Permanent Magnet Group
• JPMF Guangdong Co. Ltd.
• Ninggang Permanent Magnet Materials Co. Ltd.
• Hitachi Metals L
• Magnequench International, LLC
• Others

The manufacturers are strongly embarking on improving quality, and product innovation. Organic as well as inorganic strategies are both utilized to gain market share, with expansion of capacity to meet the market demand. Moreover, international players are extensively partnering with local players to gain dominance in local market.

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.

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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According to latest research by Future Market Insights, Growth in Amino Acid sales due to rising demand from several end use industries like Animal feed, food and dietary supplements and pharmaceutical sectors to boost the demand for Acetyl serine.

This is owing to the application of this product in synthesis of common amino acids. Hence demand is all set to witness significant market rise during the forecast period, at a projected CAGR of 4-6% during 2021-2031.

What Factor is Driving Demand for Acetyl Serine?

Evolving demand form end use industries such Animal feed additives, food and dietary supplements, and pharmaceutical is likely to provide momentum to acetyl serine sales.

Growing consumption of meat along with the need to keep animals healthy & safe for meat production promotes the need for additives in aquaculture, poultry and other animal based products. This in turn is expected to drive the sales for assessment period 2021-2031.

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In Addition, due to shifting consumer preferences towards healthy diet and growing urban population, there is increase in demand for dietary supplements such as Vitamins, Minerals, Botanicals, Amino Acids, Enzymes, and Probiotics etc.

The demand for these products is providing significant growth opportunities for acetyl serine consumption, given the fact that it is a key ingredient used in manufacturing of such supplements. Moreover, Pharmaceuticals is also proving itself as a lucrative market for acetyl Serine owing to its application in synthesis of specialty drugs and medicines.

Growing Awareness Towards Healthy Diet and Increasing Demand for Nutraceuticals Expected to Augment Sales

Due to growing awareness about benefits of healthy food and necessary dietary supplements among the consumers creating robust demand for various dietary supplements which in turn creating significant demand for the ingredients used in their synthesis like acetyl serine.

Consumption of dietary supplements is likely to increase in near future due to promotion of health and fitness activities and various technological advancements like fitness tracker, heart rate monitor etc. which will create robust opportunities for its volume to grow at a significant rate during the forecast period.

In addition, aging population in order to maintain their good health and quality of life consuming supplements as per their needs in order to compensate various changes in their bodies due to aging.

However, high cost of dietary supplements and their ingredients including acetyl serine remains a longstanding challenge for its manufacturers to overcome during the forecast period from 2021 to 2031.

China and Japan Acetyl Serine Market outlook

China creates robust demand for meat and other animal based product in order to cater such a vast population, which in turn creates robust opportunities for the domestic and global manufacturer to grow in the region.

In addition looking at current scenario the pharmaceutical industry is expected to grow at remarkable rate in the near future especially in countries having high research and development activities including China, Japan, US, Russia, and various others.

Japan is well known for its cutting edge production facilities and growing research and development activities which helps the manufacturers to cater the market with new and innovative products.

Europe Demand Outlook for Acetyl Serine

Growing awareness in the population towards sports and fitness activities makes Europe a lucrative market for dietary supplements which in turns promotes market growth in Europe.

In addition, Europe accounts for one largest market for pharmaceutical industry with countries like Germany, Italy, France, UK, and others being on top owing to developing research and development activities in Europe which can also create ample of opportunities.

In addition, Product also finds various applications under animal feed additives. European Animal feed additives demand is rising from past few years due to rising awareness about the quality of animal derived products among the consumers.

The stringent regulatory scenario governing the health and safety of farmed animals also helps create demand for feed additives and thus propel demand for such products.

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Who are the Manufacturers and Suppliers of Acetyl Serine?

Some of the leading manufacturers and suppliers includes

• Merck KGaA
• Guanzhou LES Biological Company Limited
• Alfa Aesar ( Thermo Fisher Scientific)
• Shanghai Hanhong Scientific Company Ltd.
• Energy Chemicals Shanghai
• Bide Pharmatech Limited
• Kyowa Hakko Bio Co. Ltd.
• Others

Manufacturers are prominently engaged in research and development activities to provide cutting edge technologies for production with acetyl serine and innovative products to cater diversified demand from multiple end use industries.

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 an 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.

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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According to the latest research study published by Future Market Insights, Epoxy Paint Thinner market is set to witness steady growth during 2021-2031. Demand for Epoxy Paint Thinner is projected to witness quick recovery once the pandemic related restrictions are eased, and have a promising growth outlook in the long-term.

Increased demand from key end user industries including building & construction to boost the sales of in upcoming future. The market is estimated to progress at a CAGR of 4-5% during the forecast period of 2021-2031

What is Driving Demand for Epoxy Paint Thinner?

Increasing investments in buildings and construction in developing countries is anticipated to bolster the demand of epoxy paint thinner during the forecast period. Furthermore, increasing urbanization and rising need for housing is further projected to drive the sales of epoxy paint in upcoming years, thus helping market growth.

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Rising industrial activities in developing regions is expected to increase the demand for epoxy coatings which in turn is anticipated to positively impact the sales. The market is fairly fragmented and the intensity of competition is high, which is the prime challenge for manufacturers in the market.

Stringent regulations related to utilization of harmful chemicals and solvents in developed regions including North America and Europe is expected to restrain the growth of the epoxy paint thinner market to some extent however.

Construction Industry Recovery Likely to Boost Epoxy Paint Thinner Sales

Construction industry has been severely impacted by COVID-19 pandemic in all major economies of the world. Various major projects and investments in the construction industry have been halted or postponed. Many major governments have taken action to control ongoing Covid-19 pandemic including social distancing, lockdowns etc., which have resulted in a slowdown of the construction industry both from the supply side as well as demand side.

The epoxy paint thinner market is expected to gain traction within short span of time however as resumption of construction activity begins and in view of increased government initiatives to recover economic crisis.

U.S. Epoxy Paint Thinner Market Outlook

Housing recovery and increasing demand from decorative paints & coatings is estimated to drive sales in the residential construction sector. This, in turn, is expected to propel the demand for epoxy paint thinner market in the U.S. over the forecast period.

Since 2009, housing demand has significantly outstripped supply in some areas. Increasing home prices and rents point towards and economic recovery, a trend that will continue in the future in the absence of any imminent policy changes.

With a large part of the country inoculated as part of a sweeping vaccination program, the US economy is quickly reopening and looking to gain lost ground during the pandemic time.

Europe Demand Outlook for Epoxy Paint Thinner

Europe is one of the prominent market for automotive industry and a prominent hub of OEM suppliers. However, shift of automotive components manufacturing from Europe to Asia-Pacific is anticipated to have an impact on sales in the near term. Europe construction industry is comparatively mature than most other regions.

Construction materials such as epoxy paints are prominently used for renovation activities than for new constructions, driving demand for epoxy paint thinner.

Most European countries have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. Owing to these factors, Europe is anticipated to grow at steady rate throughout the forecast period.

Weakness in automotive and construction sector during the Covid-19 pandemic period is anticipated to slow down demand; however, refocus on construction and infrastructure development will remain key to steady demand in the long run.

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Who are the Key Manufacturers and Suppliers?

Some of the leading manufacturers and suppliers of Epoxy Paint Thinner include

• Commercial Alcohols
• Warner Graham Company
• Dow Chemical
• BASF
• SABIC
• INEOS
• Sasol
• Formosa Chemicals & Fiber Corporation
• Cepsa Quimica
• Others

Prominent manufacturers are focusing on expansion and have longstanding contracts with end-users to ensure long term supply. Furthermore, manufacturers are concentrating on innovation in technologies required for the production of thinners to increase efficiency of manufacturing processes, leading to significant productivity as well as high quality of products.

The global market is a highly fragmented market, owing to the presence of signifcant number of players in the global market. Major players are in the quest of adopting emerging business model such as collaboration with the small players in order to maintain their dominance.

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.

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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For the synthesis of zeolites and other related crystalline substances, inorganic ions sources are required to structure the framework of atoms along with an additive and a solvent. Without additive, a specific structure of the zeolite or any crystalline substances cannot be obtained. This additive is termed as Structure Directing Agent (SDA) and is also known as template.

For a specific structure to be obtained a specific structure directing agents are essential. Moreover, the template have a specific structure directing ability for that particular structure. Although, the proper role of structure directing agents are very complicated and very difficult to understand, the size, geometric structure and charge distribution of a template are estimated to remain the cause for structure directing.

Structure Directing Agents further require very complex manufacturing process to get the proper molecular arrangement in the template and it also requires high purity level to achieve the property of structure directing.

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Some of the structure directing agents includes tetraethylammoniumhydroxide, tetrapropylammonium hydroxide, morpholine, pyridine, isopropylamine, N-methyldiethanolamine (MDEA) and many others. Certain surfactants also acts as structure directing agents for the production of zeolites and other related crystalline materials.

Structure Directing Agents Market: Dynamics

With significantly growing demand of zeolite from various industries including chemicals and oil & gas refineries and many other industries, the market ofstructure directing agents is anticipated to grow with a considerable growth rate during the assessment period.

With growing requirement of a specific structure of crystalline materials, the global structure directing agents market is expected to be benefited owing to its special properties of structure directing. Growth of catalysts is parallel to the growth of chemical industry.Growing catalyst industries are also expected to spur the demand of structure directing agents in the coming years as several catalyst requires a specific structure for their applications.

However, safety standards and government norms and regulations related to the hazards generated from the production, transportation and utilization of synthetic chemicals are also applied in the case of structure directing agents, wherein its controlled production and usage might affect the overall market of structure directing agents.

Further, the complex manufacturing process of the structure directing agents makes it difficult for production and may cause price rise which is anticipated to impact the global structure directing agents market negatively.

Structure Directing Agents Market: COVID-19 Impact Assessment

With the ongoing Covid-19 Pandemic crisisalong with acute lockdowns, the global economy along with the performance of the industries has been intensely impacted to a considerable extent due to the disruption in the supply chain and reduce in the demand in the year 2020.

The same trend also has been observed for the chemical industries including that of structure directing agents, wherein reduction in the production of zeolites and other crystalline substances is observed in the year 2020 and has negatively impacted the global structure directing agents market.

However, with the initiatives taken by the regional governments for the economic recovery and revival of the performance of the industries, structure directing agents market is anticipated to grow at significant rate during the forecast period.

Which trend/segment to impact more?

Organic Structure Directing Agents are expected to remain the prominent segment over the forecast period in terms of type owing to its crucial role in the production of zeolites. As per regional perspective, East Asia to remain the most lucrative market for structure directing agents market owing to substantial growth of several end use industries.

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Structure Directing Agents Market: Regional Outlook

East Asia is anticipated to dominate the global structure directing agents market and is expected to continue its dominance over forecast period owing to strong growth of chemical, zeolite and other related catalysts in the region. Moreover, presence of prominent market participants in the region benefit the supply and costing of structure directing agents.

North America is expected to remain another key region for the coming years due to the strong presence of the chemical industries, oil & gas and other industries which have high consumption rate of zeolites and other catalyst. On the back of this, the structure directing agents market is anticipated to grow at significant rate in the region.

Europe is expected to grow with a moderate growth rate in the coming years owing to stringent government norms related to the chemical industries.

South Asia and Pacific is also expected to observe a significant growth rate for the market of structure directing agents on the back of presence of strong chemical hub in countries such as India, Thailand, Malaysia and Indonesia.

Latin America and Middle East and Africa regions are estimated hold comparatively lower share and to grow with low to moderate growth rate, however, with the increasing industrialization and research and developments in these regions is expectedto lead to market penetration and thereby benefit the growth of structure directing agents in upcoming future.

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Structure Directing Agents Market: Key Participants

List of some of the prominent market participants in the global Structure Directing Agents business, identified across the value chain include:

• SACHEM, INC.
• TatvaChintan Pharma Chem Private Limited
• Merck KGaA
• Otto ChemiePvt Ltd
• Alfa Aesar
• TCI Chemical

The research report on the Structure Directing Agents global market presents detail evaluation which consist of thoughtful insights, historical data and forecasted values along with facts and figures, statistically supported and industrial validated market information.

The Structure Directing Agents market report also consist of projections using a suitable sets of assumptions and methodologies. The report further provides analysis and information according to market segments such as geography, type, applications and end use industry.

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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Acid Orange is also known as organic sodium salt that is the disodium salt of 7-hydroxy-8-[(E)-phenyldiazenyl] naphthalene-1, 3-disulfonic acid. Acid orange is basically an azo compound which is combined with yellow dyes in alcoholic solution to stain erythrocytes in trichrome methods.

In terms of physical properties, acid orange is available in powder or in orange crystals form and soluble in water and with strong oxidizing agents. With this significant properties, acid orange is applicable in the biological applications for detecting lung cancer metastasis, ophthalmic devices, measuring glycated proteins, and among others.

Furthermore, acid orange finds key applications in many end use industries such as dyes, ink, cosmetics, textiles and many more. Application of acid orange varies with respect to end use industries based upon color index of the product.

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Global Acid Orange Market: Market Dynamics

The market of acid orange is anticipated to witness a steady growth over the coming years. Developing countries across the world such as India, China, and ASEAN countries have been key factors due to the increase in overall demand for acid orange in the last couple of years.

Growing demand from chemical industry owing to the increasing importance of acid orange as an intermediate for multiple chemical process is expected to drive the demand for acid orange in the coming years as well.

The key functional restraint of acid orange is its incompatibility of reacting with strong oxidizing agents which can hamper the market growth in the near future. Also, rising number of environmental regulations over emissions especially related to solvent solubility has decreased the demand for acid orange market in some of the countries.

Rising industrial activities and growth in consumer production, food & beverages has boosted the demand for acid orange positively in the coming assessment period. The demand for pharmaceuticals is estimated up rise owing to the increasing use of acid orange.

COVID-19 crisis impact

Globally, interruption in industrial and trade activity owing to COVID-19 impacted countries is anticipated to result in a drastic change in economic growth of individual region and on a global level as well. Cancellation or extension of industrial projects, employee furloughs, investment cuts, and lack of cash flow is expected to result in significant plunge in the chemical industry and the global economy.

Across the globe, chemical manufacturers and end users experienced two types of recovery in their business such as V-shaped recovery, in this scenario demand is recovered as quickly as it dropped. By the onset of holiday season much of economic activity would resume with lifting of trade restrictions and factory output across the world would gradually returned to normal by the fourth quarter.

In the U-shaped recovery, demand is stall further in the second & third quarter of the year. A prolonged lockdown of economic activities in many countries would impact employment rates, and most likely need much wider intervention from government stimulus measures.

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Global Acid Orange Market: Regional Outlook

Globally, East Asia region estimated to hold more than one third of the acid orange market value and volume market share across the globe and is anticipated to dominate the same in the coming assessment period. The growth of acid orange market in the Asia Pacific region is expected to be led by growing industrial activities since last decade and demand for high quality finished food products.

In addition to this, growth for end use industries is gaining traction from last couple of decade which is expected to add positive growth in the coming forecast period. Thus, increasing number of industrial facilities for food & beverages in Asia Pacific region is expected to boost the acid orange market demand in the coming forecast period.

Furthermore, acid orange market is anticipated to account for significant growth in the North America region followed by Europe region. Some of the key factors on which market growth depends such as presence of end use industries in region results generating factor for acid orange market growth in the region.

Also, favorable regional policies towards the manufacturers and trade facilities connected with region enacted to boost the further growth among industrial sector to recover economic growth which is expected to act as key driving factor for increasing overall product demand.

Europe region is anticipated to witness for moderate growth as compared to North America region owing to stringent regulation and less capital investment in industrial manufacturing activities is expected to boost the acid orange demand in the coming forecast period.

Which trend/ segment to impact more?

Among the segments, the consumer goods and food & beverages segment is expected to boost the market growth in the coming forecast period owing to increasing application of acid orange. Furthermore, based on the solubility segment, aqueous solution segment is expected to experience lucrative growth as compared to solvent segment owing to economic price as compared to solvent segment.

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Global Acid Orange Market: Industry Participants

The acid orange market is estimated to be fairly fragmented owing to the number of players in the international market. Few of them are identified across the value chain which is –

• Vinayak Ingredients (India) Pvt. Ltd.
• MITSUBISHI CHEMICAL CORPORATION
• Tokyo Chemical Industry Co. Ltd.
• Shramik Chemicals
• Krishna Dyestuff Company
• Ciech S.A.
• Kanto Corporation
• Megha International
• MAYUR DYE CHEM
• Asim Products
• Nitin Dye Chem Pvt. Ltd.
• Aeromax Industries
• MAGNIL DYE CHEM
• Henan Tianfu Chemical Co.,
• Sterling Pigments & Chemicals
• Merck KGaA
• MAGNIL DYE CHEM

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

The research report on Acid orange market provides analysis and information according to market segments such as of product type, by solubility and by application.

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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The term zeolite represent a group of hydrated aluminosilicates of the alkaline or alkali earth metals, which are mostly calcium, sodium, potassium and magnesium. Zeolite adsorbents have three-dimensional crystalline structure that form pores and cavity on the surface, which offer it good adsorption properties.

There are two types of zeolite adsorbent including natural and synthetic, natural zeolite adsorbents are formed during volcanic activities on the other hand synthetic zeolite have manufactured in industry by hydrothermal process.

Zeolite adsorbents have high ion exchange capacity and allows vapor & odor absorbency as it gives large internal surface area due to which it adsorbs larger quantities than any other adsorbents. Owing to its outstanding adsorption properties zeolite adsorbents are also called as universal adsorbent.

Zeolite adsorbents are mostly used in almost all sectors such as chemical industry, agriculture and animal husbandry, water processing, biotechnology, medicine, oil and natural gas industry, construction industry, and others.

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Zeolite adsorbents are mostly used in municipal wastewater treatment and drinking water treatment for adsorption of impurities. Zeolite adsorbents soften the water by trapping impurities which may be physical or chemical. Zeolite adsorbents are used for adsorption of ammonia, radioactive cations, heavy metal cations as well as purification of gaseous hydrocarbons. Zeolite adsorbents binds and immobilizes liquids, solid particles and gases.

For instance, zeolite remove sulfur dioxide from air, adsorb radioactive cations like cesium and strontium, also entraps benzene, other aromatics, carbon dioxide from petroleum products. Zeolite adsorbents have cost effective, light weight and easy to handle. Zeolite adsorbents protect environment from harmful emission of gases and liquids.

Zeolite Adsorbents Market: Dynamics

With increasing environmental rules & regulations and health concern, adoption of zeolite adsorbents is become beneficiary for end user industries. The rules for emission of hazardous gases and industrial liquid directly into environment has become stringent owing to which industries are focusing on adopting sustainable process and adoption zeolite adsorbents for removing impurities which is cheap and easy.

This offer significant opportunity to zeolite adsorbents market to grow in the near future. Water treatment segment accounts for the prominent share of zeolite adsorbents market as zeolite is primarily used in municipal waste water treatment, sweeting of drinking water, in major countries.

With increasing water treatment demand, zeolite adsorbents are expected to shows lucrative growth in the forecast period.  Growing adoption zeolite adsorbent water filters offer profitable are further expected to drive the demand for zeolite adsorbents in the foreseeable future.

In terms of product type segment, synthetic zeolite adsorbents have shown substantial growth due to its increasing consumption in various chemical industries such as petroleum refinery, petrochemical industry, and others. Moreover, it is preferred over other adsorbents as it separate unwanted chemical by adsorption in cost effective manner.

Some limitations such as the high costs of transportation, volatile price of raw materials and availability of alternative materials in specific areas of industrial application may hindered the demand of zeolite adsorbents.

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COVID-19 crisis Impact

The ongoing Covid-19 crisis caused market conditions to change and slowed down technological development and the launch of new production capacities, and made it more difficult to market new products based on zeolite materials. The chemical industry is also affected by this current crisis and shows defeat in economy but this downfall is expected to recover in coming assessment period by using preferred growth strategy acquire by the end user.

In terms of end user, petrochemical industry have important foothold in zeolite adsorbents and is slowly on the road to recovery from this prevailing effect of covid- 19.The major players are stabilizing there revenue via collaboration and expansion. The agriculture sector, which have significant share in zeolite adsorbents market shows rapid recovery form this enduring crisis.

This pandemic not only have negative influence but also some positive concern in zeolite adsorbents such as importance of health and hygiene among the people which growing demand of purified water significantly increases zeolite consumption in water treatment plant.

Moreover, In the near future, more research on natural zeolite and the development of new synthetic zeolites will open up possibilities for its use in areas yet unexplored, as their use requires low technological complexity and initial investment in infrastructure.

Zeolite Adsorbents Market: Regional Outlook

The countries such as China, India and Japan in Asia Pacific region dominate the zeolite adsorbents market this is due to decent growth in chemical industry, petrochemical, petroleum refinery and water treatment plants in the region.

Developed countries in North America region expected to witness significant growth rate due to increasing end user industries and sympathetic regional government regulation for industrial activities all this results into up swelling zeolite adsorbents market in North America.

Europe and Middle East & Africa region also shows lucrative growth owing to increasing application in petroleum refinery and petrochemical industry and upsurge in industrial activities in GCC countries which increase demand of zeolite adsorbents in region.

Which trend/ segment to impact more?

Increasing demand from end user industries such as chemical, water treatment, petroleum and petrochemical industry owing to the environmental regulation on hazardous gas and liquid emission is projected to impact the market growth positively. In addition to this, zeolite adsorbent are most commonly used and preferred adsorbent owing to its economic benefits.

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Zeolite Adsorbents Market: Key Participant

Some of the key players in the global Zeolite Adsorbents Market are listed below:

• Clariant
• BASF SE
• Garrick Herbert
• Eastman Chemical Company
• NobelClad
• Agriculture Green Zeolite CO.
• Silkem d.o.o.,
• Zeochem AG
• KMI Zeolite Inc.

The research report on zeolite adsorbents market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The zeolite adsorbents market report also contains projections using a suitable set of assumptions and methodologies. The research report on zeolite adsorbents market provides analysis and information according to market segments such as of product type, and by end use.

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Hazardous location limit switches are electromechanical devices which are operated when they come into contact with a machine part or a moving object. Hazardous location limit switches operate on a mechanism which is fitted with an actuator with a series of contacts which make or break an electrical connection when the switch comes into contact with any object or moving machine part.

Hazardous location limit switches find application in a number of industries such as distilleries, grain elevators, offshore drilling locations, petrochemical plants, flour mills and other areas which are subject to the involvement of hazardous gases or other materials.

Hazardous location limit switches operate in either snap action or slow breaking contacts. Slow breaking contacts can move in a slide and they are forced to move directly with the actuator. However, one of the major disadvantages of slow breaking contacts is that they are prone to arcing which reduces their life.

One of the most commonly used hazardous location limit switches operate on the snap action principle which is guided by a spring which gives signals to the actuator when a pressure is applied on it. In the break before make type of hazardous location limit switches, the normally open contact always turns on after the normally closed contact turns off when the contact operation is switched on slow action type limit switches.

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These type of hazardous location limit switches also encounter a dead-break situation when both the normally open and normally closed contacts are off. The major advantages presented by hazardous location limit switches is that these switches can be used in almost all industrial environments. In addition hazardous location limit switches offer high accuracy and repeatability, consume less electrical energy and can control multiple loads.

Hazardous Location Limit Switches Market: Market Dynamics

The enforcement of stringent safety regulations by governments to increase safety of workers and personnel working in hazardous industries such as heavy machinery, refineries, distilleries, etc. is driving the growth of the hazardous location limit switches market.

In addition, the rapid technological advancements with respect to automation of industrial processes and the usage of sophisticated equipment to achieve the same is also driving the growth of the hazardous location limit switches market.

The other factor which is fueling the growth of the hazardous location limit switches market is their ability to be deployed in all kinds of industrial environments due to their simple design, ease of installation, ruggedness, and reliability.

In addition, since hazardous location limit switches operate on mechanical actuation, these switches make it easy for maintenance personnel to get to know about their working, their installation and repair or replace them if necessary.

One of the major challenges which is hindering the growth of the hazardous location limit switches market is the increasing popularity of proximity sensors which are cost effective and offer all the benefits offered by hazardous location limit switches.

In addition, since hazardous location limit switches come in contact with moving parts, they wear out quickly and call for replacements. On the other hand, since proximity sensors do not come in contact with moving parts, the possibility of them wearing out is minimal.

Hazardous Location Limit Switches Market: Regional Outlook

On the regional front, Europe is the leading market for Hazardous Location Limit Switches market. This is due to the presence of a large number of industries and ty enforcement of safety regulations for workers and personnel working on industrial equipment.

Asia Pacific is the second most dominating player in the hazardous location limit switches market due to the rapid industrialization in the region and the aging infrastructure which poses safety concerns.

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Hazardous Location Limit Switches: Key Market Participants

Some of the key market participants in the global Hazardous Location Limit Switches are:

• Rockwell Automation
• Siemens AG
• ABB Limited
• Bernstein AG
• Schneider Electric
• Omron Corporation
• Honeywell International, Inc.
• Eaton
• K A Schmersal Holding GmbH & Co. KG
• Camsco Electric Co. Ltd.
• Crouzet Automatismes
• Idem Safety Switches Limited
• Fuji Electric FA Components & Systems Co. Ltd.
• SUNS International LLC
• Brisk Indusries Pvt. Ltd.

The Hazardous Location Limit Switches market research report presents a comprehensive assessment of the Hazardous Location Limit Switches 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 Hazardous Location Limit Switches market research report provides analysis and information according to market segments such as geographies, end use operation and application.

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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Plastic Pigments are insoluble inorganic or organic particles added to the polymer base to give a desired color to the plastic or functional benefits the plastic. Plastic pigments which are organic in nature are difficult to disperse and tend to form clumps of pigments particles (agglomerates). This agglomerates can cause specks and spots in the final product.

Unlike the organic plastic pigments, inorganic plastic pigments such as carbon black, Metal oxides and sulphides, and others get more easily dispersed in the resin. Titanium dioxide is one of the prominent inorganic plastic pigments use in several applications.

Plastic pigments finds the number of applications in several major end use industries such as packaging, automotive, and others. With the rapid industrialization and significantly growing end use industries across the globe, demand for plastic pigments are witnessing upward trend from the past few years. And it is expected to witness a growth in terms of production as well as consumption in near future.

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Plastic Pigments Market: Market Dynamics

Significantly growing end use industries of plastic pigments bolstering the demand for plastic pigments. Prominent manufactures of plastic pigments are currently focusing on the expansion of its production facility in order to meet the increasing demand from the end use industries.

Packing industry is one of the prominent consumer of plastic pigments, high demand for packaging in developing countries and emerging markets is leading to the increasing consumption of plastic pigments. Growing significance of aesthetics in packaging assisting the adoption of plastic pigments in packaging industry.

Automotive industry also a prominent consumer of plastic pigments. Color is a key element of product design in the automotive industry, and Plastics are crucial for the exterior and interior design of many of today’s cars hence the demand for plastic pigments is increasing continuously among car manufacturer.

In the plastic pigments market, environmental regulations are the major restrictions. Manufacturers are focusing strongly on the development of manufacturing technologies in order to develop an environment friendly product.

Global Crisis: Impact of Covid-19

The global COVID-19 epidemic has impacted badly in the various countries across the globe. In the current scenario, the number of coronavirus cases have witnessing a upward trend in several countries and there are no substantial measures to counter the worldwide epidemic.

While several countries are able to control the virus up to some extents.Covid-19 has some serious impact on the global plastic pigments market. The demand for plastic pigments are witnessing a significant drop from the several end use industries, especially from the automotive industry.

As the production of vehicles are on hold in several highly impacted countries such as U.S., Brazil, and India, demand for plastic pigments are highly impacted from this industry.

Plastic Pigments: Regional Outlook

Asia Pacific is expected to be a prominent and dominant market for plastic pigments. Several countries such as China, India, Japan, South Korea, and ASEAN countries are propelling the demand for plastic pigments. Growing automotive, and packaging industry along with the rapid industrialization in the region is the key factor driving the growth of plastic pigments market.

Europe is the fastest growing market of plastic pigments, growing demand from automotive industry and consumer goods are the prominent driving factors for plastic pigments market in this region. North America is a significant market in terms of production as well as the consumption of plastic pigments.

Several prominent manufacturers of plastic pigments are located in U.S., and they have a significant global presence. Latin America, and Middle East & Africa are expected to witness a substantial growth during the forecast period, owing to steadily growing end use industries in this region.

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Plastic Pigments: Market Participants

Some of the key participants identified in the global Plastic Pigments Market includes BASF SE, Huntsman, DIC, Cabot, Chemours, LANXESS AG, Tronox, and others. The Plastic Pigments 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 Plastic Pigments research report provides analysis and information according to market segments such as geographies, product type, application, aircraft brake type, and sales channel.

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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Fire Hose is important tool for firefighting applications. It is used to carry water to the end nozzle for spraying water on targeted system. Working pressure of fire hose can vary between 6 – 25 bar pressures.

Currently, fire hose materials are composed of synthetic fabrics and elastomers via extrusion process involving two layers of fibers are woven to form a hose jacket. The embedded material of fire hoses are light in weight and offer resistance to sunlight and chemicals.

Apart from use of fire hoses in firefighters application it is also used as a flotation device in water rescue applications by inflating air in hose. Simultaneously, to avoid failure of fire hose then fire hose need to be tested frequently also before testing one has insure that there is no signs of imminent failure.

There are two types of testing used in the industries such as destructive and non-destructive type of testing. Another use of fire hose is in to pump water out of basements. Hoses are available in various qualities and its life span is depends on which material quality and its usage frequency. Fire hoses are also used in offshore, marine sector, industrial premises and others.

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Fire Hose Market: Dynamics

The mandated protocols of fire hazard prevention in residential, commercial and industrial establishments have necessitated the associated firefighting gear including fire hoses.

Also the increased usage in civic disaster incidents such as bushfires, explosions have incurred the use of fire hoses in a healthy manner.  Advancement in manufacturing processes maximizing service life of fire hoses results in less maintenance cost of fire hose is considered to be a driver for the growth of global fire hose market.

Furthermore, the research and development in improved variants of fire hoses such as fire resistant attack hose has amplified its usage by the respective end users. Conversely, there are certain problems which occur while using fire hose such as maintenance, storage, and environmental effects. Hoses placed on the apparatus vibrates and rub against the walls and debris results in wear out of the outer jacket such a problems may cater growth of fire hose global market.

Also, when fire hose fails it get explodes and can send housings and couplings blasting in air which can hit to peoples by the debris. Such aspects may restrain the growth of global fire hose market with end users resorting to substitutes.

COVID-19 Impact

The rapid outbreak of covid-19 pandemic is said to impact severely on the manufacturing sector including fire hoses in the initial phase. However, the gradual resumption of construction activities and continued demand from all end use sectors is anticipated to augment the growth of hire hose market in the subsequent periods across the globe.

Depending on segmentation carried out on material used for fire hose in early days cotton was used as a material for fire hose but in this days synthetic fibres such as polyester and nylon filament is used for construction of fire hose. Based on size segment classified size is standard size for fire hose

Fire Hose Market: Regional Outlook

Europe and North America are the two prominent regions being both production and consumption hubs of fire hoses thus enabling its growth. Besides, Asia pacific is said to be an emerging market China, India, ASEAN and Japan like countries with healthy demand from all end use sectors. GCC countries owing to stringent safety standards for residential and commercial establishments has been a lucrative market for fire hose as well.

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Fire Hose Market: Key Participants

Major companies who are key participants in the global Fire Hose market, identified across the world are:

• Angus Fire Ltd.
• National Fire Equipment Ltd
• Niedner Ltd
• All American Hose LLC
• Armored Textiles
• Richards Hose ltd.
• Newage Fire Protection Services

As of strategic point of view this key participants industries are also focusing on research and development of fire hose materials so that to make fire hose sustainable and durable. Dominant players are also focusing on manufacturing customised fire hoses to get more customer base.

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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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In response to growing consumer knowledge of the skin harm and adverse effects caused by using conventional deodorants and antiperspirants, companies are now providing solutions that are free of aluminium, alcohol, parabens, and synthetic smells. These new products provide additional skin advantages such as hydration, conditioning, and smoothing.

Between 2022 and 2027, the global deodorant stick market is expected to grow at a CAGR of 7.1 percent, reaching a value of US$ 1,913.4 million in 2022. The rising emphasis on personal wellness is expected to boost sales of deodorant sticks. As a result, the deodorant stick market is expected to rise by 7.30 percent year over year in 2022.

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Such alcohol-free antiperspirants are highly in demand across the globe is creating a significant CAGR of 8.9% in the market over the forecast period. Moreover, over the last few years, there has been an increasing trend of including natural ingredients such as sweet jasmine, eucalyptus, Shea butter, coconut oil, and other natural ingredients in deodorant stick is also driving the demand for global deodorant stick across the globe.

Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

• In 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
• In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

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Key Takeaways from the Deodorant Stick Market Study

• According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
• The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
• The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
• Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.

Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

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The global deodorant stick market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• With-Alcohol
• Alcohol-Free

Packaging Material

• Glass
• Metal
• Plastic

Sales Channel

• Store Based Retailing
• Online Retailing

Deodorant Stick Market by Category Product:

• With-Alcohol
• Alcohol-Free

Packaging Material:

• Glass
• Metal
• Plastic

Sales Channel:

• Store Based Retailing
  • Modern Retailers
    • Convenience Stores
    • Discounters
    • Hypermarkets
    • Supermarkets
  • Traditional Retailers
    • Specialty Stores
    • Independent Grocers
    • Other Retailers
• Online Retailing

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• MEA
• Oceania

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

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