Automotive Wire and Cable Material Industry Projected to Reach USD 12,020.1 Million by 2033, Growing at a CAGR of 6.9% | FMI Reports

Automotive Wire & Cable Material Market
Automotive Wire & Cable Material Industry

The automotive wire and cable materials industry is expected to grow from USD 6,207.6 million in 2023 to USD 12,020.1 million by 2033, reflecting a compound annual growth rate (CAGR) of 6.9%.

A significant driver of this growth is the increasing adoption of electric vehicles (EVs), as more consumers opt for environmentally friendly transportation options. Supportive government policies aimed at promoting sustainable energy and advancements in battery technology are further fueling the demand for specialized wire and cable materials that can handle higher voltages and currents.

As advanced driver-assistance systems (ADAS) and automotive electronics become more sophisticated, the need for high-performance wire and cable materials is on the rise. The integration of technologies such as infotainment systems, sensors, and connectivity solutions in modern vehicles is creating a demand for wires and cables that offer improved conductivity, durability, and resistance to electromagnetic interference (EMI). This trend is driven by the growing emphasis on enhanced connectivity, safety, and convenience features in vehicles.

Additionally, the automotive industry’s focus on lightweighting to improve fuel efficiency and reduce emissions is influencing material selection. Manufacturers are increasingly seeking lightweight alternatives to traditional copper wires, such as aluminum and other advanced metals, to lower overall vehicle weight. The introduction of new materials with enhanced heat conductivity and resistance properties is also contributing to the demand for innovative wire and cable solutions, optimizing the efficiency and performance of automotive electrical systems.

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Key Takeaways from the Automotive Wire & Cable Material Market Report

  • The automotive wire & cable material market is projected to thrive at 9%.CAGR through 2033.
  • By material type, the PVC segment is estimated to account for noticeable market share of 1% in 2023 witnessing its dominance during forecast period.
  • By vehicle type, the passenger vehicle segment is projected to account for considerable market share of 2% in 2023.
  • By region, East Asia leads the automotive wire and cable material market, accounting for significant share of about 2% in 2023.
  • The automotive wire & cable material market value is anticipated to reach USD 12,020.1 million by 2033.

“The market is expected to undergo a significant transformation with the implementation of optical fiber cables. It opens the door for effective data transfer with improved low-power signal transmission, speed, and capacity. Furthermore, developments like ultra-small diameter wiring and the use of lightweight materials like aluminum and advanced composites result in wiring harnesses that are lighter and more streamlined, meeting the need for weight reduction in the industry. This move toward cutting-edge technologies sets up the market for improved performance in the future.” – says an analysis at Future Market Insights.

Competitive Landscape

The automotive wire & cable material market is fairly consolidated, with leading players accounting for about 2/3rd market share. Competitors employ diverse strategies for market dominance. Prioritizing research and development expenditures, some seek to create innovative materials with improved conductivity and durability. Others concentrate on streamlining manufacturing procedures to cut costs and satisfy customers who are price conscious.

Key Players

  • DuPont de Nemours, Inc.
  • BASF SE, Dow Inc.
  • Saint-Gobain S.A.
  • SABIC
  • 3M Company
  • Evonik Industries
  • AG, Solvay S.A
  • Arkema S.A.
  • Eastman Chemical Company
  • Huntsman Corporation
  • Competition Deep Dive (Automotive Wire and Cable Manufacturer)
  • Sumimoto Electric Industries Ltd

Recent developments –

  • In May 2023, Leoni AG finalized an agreement with Stark Corporation Public Company Limited to divest its Automotive Cable Solutions business group. This transaction encompasses a segment of the Automotive Wire Material and Wire & Cable Solutions (WCS) division.
  • In February 2022, TTTech Auto, a Vienna-based leader in automotive safety technology, secured a significant investment of US$ 285 million from Aptiv PLC and Audi.

Automotive Wire & Cable Material Market Segmentation

By Material Type:

  • PVC
  • PP
  • XLPE
  • TPU
  • PPE
  • Others

By Vehicle Type:

  • Passenger Vehicles
  • LCV
  • HCV

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Automotive Lead-Acid Battery Industry is projected to reach USD 47 billion by 2033, driven by a CAGR of 5.2% | FMI Reports

Automotive Lead Acid Battery Market
Automotive Lead Acid Battery Industry

The global automotive lead-acid battery industry is projected to reach a valuation of USD 28.24 billion in 2023, with expectations to grow to USD 47 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.2% over the next decade.

Key drivers of this growth include the increasing popularity of electric vehicles and the rising demand for uninterrupted power supplies in critical applications. Lead-acid batteries are favored for their reliability and cost-effectiveness, making them suitable for a variety of consumer and industrial uses. Notably, lead-acid batteries have a higher recycling rate compared to lithium-ion batteries.

The market is also influenced by the growing prevalence of electronic devices such as mobile phones and power banks, advancements in marine propulsion technologies, and the expanding need for elevators globally, all of which enhance the demand for effective energy storage solutions.

Furthermore, strict government regulations aimed at reducing carbon emissions and promoting sustainable energy solutions are expected to boost market demand. The increasing global population and rising per capita income further support this trend. However, while the adoption of electric vehicles presents significant growth opportunities, challenges such as the risk of battery explosions due to overcharging and the competitive pressure from lithium-ion batteries may pose obstacles to overall market expansion.

Key Takeaways

  • United States automotive lead acid battery market is expected to grow with a CAGR of 5.1% during the forecast period.
  • The market in China is expected to grow with a CAGR of 5.5% during the forecast period.
  • By vehicle type, passenger vehicle segment is projected to dominate the automotive lead acid battery market. It is expected to grow with a significant CAGR of 5.4% during the forecast period.
  • By technology, ICE battery segment is expected to grow with an impressive CAGR of 10% throughout the forecast period.

“The reliability and affordability of lead batteries an rising sales of electric vehicles are expected to drive market growth during the forecast period,” – says FMI Analyst.

Competitive Landscape

The automotive lead acid battery market is extremely competitive, with various key industry players investing heavily in manufacturing these batteries.

The key industry players are Clarios, GS Yuasa Corporation, Panasonic Corporation, Leoch International Technology Limited, Exide Industries Ltd., EnerSys Inc., East Penn Manufacturing Company, Exide Technologies Inc., CSB Battery Company Limited.

Some recent developments in the market are:

Key market players are leveraging organic growth strategies like acquisition, mergers, tie-ups, and collaboration to bolster their product portfolio. This is expected to propel the global automotive lead acid battery market.

  • In January 2021, EnerSys announced a collaboration with TravelCenters of America (TA) to provide Odyssey Performance and NorthStar PRO Group 31 lead-acid batteries specifically designed for heavy-duty applications.
  • In December 2021, GS Yuasa Corporation announced its plans for expansion in the motorcycle lead-acid battery market.
  • On July 13, 2022, Panasonic Corporation, the largest manufacturer of lithium-ion batteries in the world, joined forces with Kansas for economic development with the aim of driving forward the electric vehicle (EV) industry in the United States.
  • On March 13, 2021, General Motors Company made significant progress in its development of the next-generation Ultium chemistry. This advancement was made in anticipation of a new joint development agreement with Solid Energy Systems, aimed at expediting the transition towards an electric future.

In-Depth Market Analysis: A Complete Report

Market Segmentation by Category

By Battery Type

  • Flooded
  • Enhanced Flooded
  • AGM

By Technology

  • ICE
  • Hybrid
  • Electric

By Vehicle Type

  • Passenger Car
  • LCV

By Sales Channel

  • OEM
  • Aftermarket

By Region

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

About Future Market Insights (FMI)

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

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Future Insights: Off-Highway Vehicle (OHV) Telematics Industry Projected to Hit USD 2,154.3 Million by 2033, Growing at a 16% CAGR | FMI Reports

Off-Highway Vehicle (OHV) Telematics Market
Off-Highway Vehicle (OHV) Telematics Industry

The off-highway vehicle (OHV) telematics industry is projected to grow from USD 488.3 million in 2023 to USD 2,154.3 million by 2033, with a compound annual growth rate (CAGR) of 16% during this period.

This optimistic forecast is primarily driven by the increasing adoption of telematics solutions across construction, agriculture, and mining sectors. The automotive industry is also leveraging advanced technologies like automotive telematics to enhance machinery efficiency, contributing to significant market growth.

Key factors fueling demand for telematics technologies include the expansion of the automotive sector and the integration of cutting-edge technologies aimed at optimizing equipment performance. The use of big data and modern connectivity solutions in OHVs has grown, alongside a rising need for advanced vehicles in applications such as precision farming.

The combination of telematics advancements and enhanced performance, coupled with reduced labor costs through AI and IoT support, has led to increased sales of OHVs equipped with sophisticated telemetry systems. Additionally, the demand for improved security and protection in OHVs—without compromising on cost or efficiency—has prompted the implementation of smart telematics systems that optimize machinery operations.

Detailed Market Study: Full Report and Analysis

Key Takeaways:

  • According to FMI’s study, the construction segment is projected to account for around 65% of global OHV telematics market sales.
  • In the last five years, the market recorded a CAGR of 11%.
  • The market for automated guided vehicles in the United States is expected to develop at a 15% CAGR through 2033, according to FMI.
  • According to FMI’s analysis, Germany is expected to lead Europe’s (OHV) telematics market, rising at a healthy 14% CAGR throughout the projection period.
  • The market’s main players control roughly 60% of the market.

Competitive Landscape:

Leading industry participants are emphasizing the extension of their already extensive product portfolios. Moreover, increasing expenditure on research to develop improved products is another key strategy for market players to preserve their market position. Other important objectives include facility expansions and strategic alliances to help meet the increased demand for OHV telematics from a variety of end-use sectors. For example,

  • July 2022 – Guidepoint Systems, a global provider of car telematics and Software as a Service (SaaS), partnered with Free2move, Stellantis’ global fleet, mobility, and linked data firm.
  • March 2022 – Navistar reaffirmed its commitment to a connected and data-driven future by standardizing a factory-installed telematics solution on the recent Class 6-8 International Truck and IC Bus vehicle ranges.

Key Companies Profiled

  • Omnitracs, LLC
  • ORBCOMM
  • Stoneridge, Inc.
  • Teletrac Navman
  • TomTom International BV
  • Trackunit A/S
  • Wacker Neuson
  • Zonar Systems Inc.
  • TTCONTROL GMBH
  • ACTIA Group

Key Segmentations

By Sales Channel

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

By Technology Type

  • Cellular
  • Satellite

By End-Use Application        

  • Construction
  • Agriculture
  • Mining

By Region

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Automotive Pump Industry Forecast to Hit USD 118 Billion by 2033, Growing at a 6.2% CAGR | FMI Reports

Automotive Pump Market
Automotive Pump Industry

According to Future Market Insights, the global automotive pump industry is expected to be valued at USD 64.57 billion in 2023, with projections indicating growth to USD 118 billion by 2033. This represents a compound annual growth rate (CAGR) of 6.2% over the forecast period from 2023 to 2033.

This expansion is primarily fueled by the increasing use of vehicles worldwide and the adoption of advanced technologies aimed at producing fuel-efficient vehicles that meet volatile organic compound (VOC) emission regulations.

Automakers are investing heavily in research and development to enhance automotive components, with a notable focus on integrating smart technologies such as automatic transmissions, gasoline direct injection, and gasoline turbochargers—all of which depend on automotive pumps for optimal functionality. This trend is expected to create significant growth opportunities in the automotive pump market.

Additionally, rising disposable incomes in emerging economies are boosting individual purchasing power, leading automakers to concentrate on mid-sized and compact cars. The incorporation of premium features, such as smooth gear shifting, power steering, anti-lock braking systems (ABS), and improved cabin comfort systems, is further driving market expansion.

The demand for high-performance vehicles that are both fuel-efficient and lightweight is spurring continuous innovation within the automotive pump industry. These pumps play a crucial role in enhancing vehicle energy efficiency, with the adoption of variable displacement oil pumps being particularly noteworthy. These pumps optimize oil circulation throughout the engine while effectively dissipating heat, contributing to the overall growth of the industry.

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Key Takeaways

  • Europe automotive pump market is expected to grow with a CAGR of 6.3% during the forecast period.
  • The market in India is projected to witness a CAGR of 6.4% during the forecast period.
  • The market in China is expected to grow with a CAGR of 6.5% during the forecast period.
  • By sales channel, OEM is projected to lead the segment and is estimated to grow with a CAGR of 6.7% during the forecast period.
  • By technology, electric pump segment is expected to grow with a CAGR of 7% throughout the forecast period.

“The incorporation of smart technologies like automatic transmission, gasoline direct injection, and gasoline turbochargers is expected to fuel the market growth during the forecast period,” – comments an FMI analyst.

Competitive Landscape

The automotive pump market is highly competitive, with several key industry players investing heavily in the production of these services.

The key industry players are DENSO Corporation, Johnson Electric Holdings Limited, HELLA KGaA Hueck & Co., Hitachi Automotive Systems, Ltd., Concentric AB, Continental AG, Delphi Automotive LLP, JTEKT Corporation, KSPG AG, Magna International Inc., Magneti Marelli S.p.A, Robert Bosch GmbH, Pricol Ltd., SHW Group, TI Automotive Ltd, ZF TRW Automotive Holdings Corp.

Some recent developments in the market are:

  • In January 2022, Aisan Industry Co., Ltd., a manufacturer specializing in engine components, successfully finalized the acquisition of Denso Corporation’s fuel pump module business. This strategic move aimed to enhance Aisan Industry’s powertrain portfolio and capitalize on potential market expansion prospects.
  • In August 2022, HELLA KGaA Hueck & Co, an automotive supplier known for its FORVIA brand, unveiled an expansion to its already extensive thermal management portfolio. The company introduced two new additions: the electronic Valve Actuator and the high-performance Media Pump, both designed to enhance coolant circulation capabilities.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global automotive pump market, providing historical data for 2017 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the automotive pump market, the market is segmented on the basis of pump, sales channel, technology, vehicle type, and region.

Key Segmentations

Pump:

  • Fuel Supply Pump
  • Fuel Injection Pump
  • Transmission Oil Pump
  • Conventional Engine Oil Pump
  • Variable Engine Oil Pump
  • Steering Pump
  • Coolant Pump
  • Windshield Washer Pump
  • Vacuum Pump

Sales Channel:

  • OEM
  • Aftermarket

Technology:

  • Electric
  • Mechanical

Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Two Wheeler

Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About the Automotive Division at Future Market Insights

The automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Automotive Wiring Harness Industry Set to Reach USD 119.31 Billion by 2033, with an 8% CAGR | FMI Reports

Automotive Wiring Harness Market
Automotive Wiring Harness Industry

By 2033, the global automotive wiring harness industry is anticipated to reach USD 119.31 billion, a significant increase from an estimated USD 55.26 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 8%, according to Future Market Insights.

This growth is primarily driven by the automotive industry’s shift toward vehicle electrification, aimed at enhancing fuel efficiency and reducing emissions. As electric and hybrid vehicles gain popularity, the demand for advanced wiring systems and harnesses is on the rise. These components are essential for connecting critical elements such as batteries, motors, inverters, and charging infrastructure, ensuring efficient and reliable vehicle operation.

The transformation within the automotive sector, fueled by the growing adoption of electric vehicles, has spurred an increased demand for high-voltage wiring harnesses. These harnesses are crucial for transmitting power between the battery, motor, and electronic components, thus driving market expansion.

Additionally, the heightened focus on road safety has amplified demand for advanced vehicle safety features, including Advanced Driver Assistance Systems (ADAS), collision avoidance systems, lane departure warnings, and adaptive cruise control. These technologies require complex and durable wiring harnesses to seamlessly integrate sensors, cameras, and control units.

The integration of modern infotainment systems, telematics, and connectivity features in vehicles further accelerates the need for sophisticated wiring solutions. These harnesses are vital for smooth data transfer and communication among various vehicle components. As consumer demand for connected cars continues to rise, the need for advanced wiring harnesses becomes even more crucial.

Today’s vehicles come equipped with a multitude of electronic systems, including infotainment, navigation, and connectivity options. The requirement for seamless integration and reliable functionality has intensified the demand for efficient wiring harnesses, which are essential for transmitting both data and power throughout the vehicle. With ongoing advancements in in-car connectivity and infotainment systems, the need for cutting-edge wiring harnesses is expected to grow.

Stricter government regulations concerning vehicle safety, fuel efficiency, and emissions also contribute to market growth. These regulations often necessitate the inclusion of specific safety features and technologies that require additional wiring harnesses. Automotive manufacturers must comply with these regulations, as safety features like airbags, anti-lock braking systems (ABS), and electronic stability control (ESC) heavily rely on robust wiring harnesses for optimal performance.

Moreover, the aftermarket segment presents significant growth opportunities. As vehicles age, the demand for wiring harness replacement and repair increases, creating prospects for manufacturers and suppliers. The expansion of electric vehicle charging stations, which require wiring harnesses for power transmission and connectivity, also plays a vital role in the growth of the market.

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Key Takeaways from the Automotive Wiring Harness Market

  • The automotive wiring harness industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 7.6% through 2033.
  • The United States held a 17.8% share of the global automotive wiring harness industry in 2022.
  • With a CAGR of 7.8% over the forecast period, India is predicted to develop rapidly in the automotive wiring harness industry.
  • In 2022, Japan had a 5.2% share of the automotive wiring harness industry globally.
  • The automotive wiring harness industry in China is expected to flourish speedily, registering a CAGR of 8.2% over the forecast period.
  • Germany accounted for 4.7% of the global automotive wiring harness industry in 2022.

Competitive Landscape in the Automotive Wiring Harness Market

Key players are actively engaged in various strategies to maintain their market position and meet the evolving demands of the automotive industry. These strategies include product innovation, research and development, partnerships and collaborations, mergers and acquisitions, and geographic expansion. Companies are focusing on developing advanced wiring harness solutions that offer higher efficiency, increased durability, and improved performance. Additionally, they are investing in technologies such as electrification and autonomous driving to cater to the growing demand for electric vehicles and advanced driver-assistance systems.

Key Players

  • LEONI Group
  • Samvardhana Motherson Group
  • Sumitomo Electric
  • Yazaki Group
  • Fujikura Ltd.
  • Lear Corporation
  • Furukawa Electric Co. Ltd
  • YURA Tech Corporation
  • Nexans

Recent Developments by Key Players

In July 2022, Sumitomo Wiring Systems Ltd celebrated the opening of a state-of-the-art manufacturing plant dedicated to producing automotive wiring harness products. The facility is located within the Royal Group Phnom Penh Special Economic Zone in Cambodia.

In May 2022, Marelli introduced its new Wireless Distributed Battery Management System. It enables a significant reduction in wiring harness by 90%. This innovative system enhances the flexibility, efficiency, and reliability of electric vehicles while also offering cost savings.

Key Segmentations 

By Product Type:

  • Chassis & Safety
    • Conventional Chassis
    • Semi-Forward Chassis
    • Full Forward Chassis
  • Body
    • Roof
    • Door & Window
    • Facia
    • Seat
    • Interior
  • HVAC
  • Engine
  • Sensors

By Vehicle Type:

  • Passenger Cars
    • Compact
    • Mid-Sized
    • SUV
    • Luxury
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles
    • BEV
    • PHEV

By Sales Channel:

  • First Fit
  • Replacement

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Surging Demand and Technological Advancements Propel Technical Textiles Market to USD 390 billion in 2033

With the increasing demand for technical textile fiber, the global technical textile market is expected to grow quickly across a variety of end-use industries, including apparel, medical, automotive, etc. As per the Future Market Insights projects the technical textile market sales will most likely reach USD 202.93 billion by 2023 and USD 390 billion by 2033, growing at a CAGR of 6.7%.

Technical textiles are booming in fast-growing industries like automotive, construction, healthcare, infrastructure, and oil and petroleum, which drive demand for medical textiles (Medtech), specialty fabrics, industrial fabrics, protective textiles (Protech), and agricultural textiles (Agrotech).

The textile industry is growing fast, especially in the high-tech, high-performance fabric market. Technical textiles are widely manufactured using the textile coating process. Besides clothing, the textile industry continues to be a big player in technical textiles, which are applied in non-clothing applications. Textile science and technology play a distinctive role in technical textiles because of the need for understanding and applying the principle, mostly in relation to technology, but often also in engineering applications.

As awareness of the environment and interdisciplinary technologies have grown, special attention has been paid to unconventional technical applications. For a healthy environment, social and economic equity, and a profitable economy, textile structures have been used in agriculture and horticulture to enhance the quality and efficiency of agriculture and food products. Materials that gradually degrade are becoming increasingly popular.

Construction entails a wide range of textiles, including concrete reinforcement, façade foundations, construction of interiors, insulation, weatherproof materials, noise reduction, air conditioning, visual protection, anti-sun protection, and building safety. Several technical textile products have been tested and certified by the International Organization for Standardization (ISO) as flame retardants, ultraviolet stabilizers (UV), and water repellants for building material applications.

Key Takeaways:

  • Due to technical textiles’ increasing use in defense and military applications, the Indian technical textiles market is expected to grow steadily.
  • Asia Pacific is expected to lead the global technical textiles market in the near future, with more than 47% market share in 2023.
  • With the growing demand for Meditech textiles in the coming years, Japan and South Korea are expected to hold over 10% of the global market in 2023.
  • The market for mobile tech textiles is forecast to grow at a CAGR of 4.5% over the forecast period.
  • According to the forecast, nonwoven-based production processes will grow at a CAGR of 4% over the next few years.

Browse the Complete Report!

Competitive Landscape:

Expanding and penetrating new markets is both organic and inorganic for technical textile companies. New product launches, mergers, and partnerships are a few of these strategies. The key industry players are:

  • Asahi Kasei
  • Kimberly Clarke
  • Berry Global Group
  • DuPont
  • Mitsui Chemicals
  • Freudenberg & Co
  • Low & Bonar
  • Huntsman
  • Toyobo Co
  • Milliken & Company
  • SRF Limited

Recent Developments:

  • In June 2023, Gaurs’ principals will present sustainable dyeing & processing technologies. To provide Indian customers with sustainable machines and solutions that use fewer utilities and are eco-friendly, strategic alliances with these next-generation machine manufacturers have been formed. Compared to traditional dyeing, processing, and finishing machines, these machines give customers a faster return on investment (ROI).
  • In June 2023, Beaulieu Technical Textiles will launch RECOVER, a long-lasting, strong, and sustainable weed control solution for indoor and outdoor nurseries that will set a new standard in woven horticultural groundcovers. RECOVER’s core competencies are innovation and expertise, and demonstrate how products can be re-thought to meet functional needs and promote circularity in markets.

More Valuable Insights Available:

Future Market Insights offers an unbiased analysis of the global technical textile market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the technical textiles market, the market is segmented on the basis of application (aggrotech, build tech, home tech, fintech, sport each, pack tech, mobile tech, Meditech, clothes, Geotech, Protech, biotech) and process (nonwoven, composites, and others) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

Key Segments Profiled:

By Application:

  • Agrotech
  • Buildtech
  • Hometech
  • Indutech
  • Sportech
  • Packtech
  • Mobiltech
  • Meditech
  • Clothtech
  • Geotech
  • Protech
  • Oekotech

By Process:

  • Nonwoven
  • Composites
  • Others

By Region:

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

Source by: https://www.globenewswire.com/en/news-release/2023/06/15/2688548/0/en/Global-Technical-Textiles-Market-is-expected-to-be-worth-US-390-Billion-at-a-CAGR-of-6-7-by-the-forecast-period-of-2033-end-Future-Market-Insights-Inc.html

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
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Automotive Wheel Coating Market Expected to Surge to USD 1,163.83 million by 2033, Driven by Growing Demand in Passenger and Commercial Vehicle Segments

The automotive wheel coating market is set for significant expansion, with an anticipated valuation of USD 759.6 million by 2023. The market displays a considerable trend, featuring a noteworthy CAGR of 3.10%, expected to endure until 2033. The consistent growth forecasts indicate that the global automotive wheel coating market will likely attain a valuation of USD 1,163.83 million by 2033.

Decorative and performance coatings manufactured using sustainable technology are responsible for this expansion. During the projected period, the market is expected to be driven by the rising demand for automobile wheel protection, ornamental, performance, and anti-corrosive coatings.

The demand for automotive wheel coatings is anticipated to surge at a steady pace with the rapid growth of the automotive industry. Increasing demand for automotive-like passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) has led to a surging production of vehicles, as well as subsequent accessories such as automotive wheels. These wheels are most of the time made of metal and metal alloys, which are most likely prone to corrosion in changing weather conditions. Automotive wheel coatings, therefore, are necessary to protect the surface of these wheels from environmental changes and to keep them safe, durable, and ready to perform in a long run.

Yet another brilliant aspect of automotive coatings is to offer attractive looks to vehicles. In order to enhance the look of an automotive vehicle, innovative designs of wheels coated with catchy and bright colors are expected to drive market growth over the projection period. This combination would help to boost the demand for cars, especially those falling under the luxury and sports segment among the millennials and gen Z. Thus, demand for wheel coatings for luxury and decorative purposes is also propelling the market. In addition to that, young buyers and owners of two-wheelers and passenger cars are specifically attracted to using allow rims and metallic coated wheels for their vehicles because they believe that the use of such accessories enhances their vehicle’s look. They also associate the same as the user’s outer personality and status symbol.

Key Takeaways

  • The frequency of changing environmental conditions all over the world has significantly surged over recent years which has resulted in leaving a negative impact on the wheels and rims. It has resulted in the corrosion and wear-and-tear of the substrate material. Demand for all-weather coatings from industries such as construction and automotive witnessed decent growth from all over the world, but especially in North American and Atlantic countries.
  • The atmosphere in various countries situated in such regions has a high salt content and therefore they become very cold & snowy during the winter season. Such a hostile environment affects the wheel substrate and its coating.
  • The tire and wheel are known to be those vehicle components that are subjected to the most complex conditions, it is necessary to shield the wheel with the best possible technology to sustain its longevity. A thorough composition prevents salt from corroding the wheels which help in eliminating the probability of high-magnitude wear and tear. Therefore, demand for all-weather automotive wheel coatings from automobile manufacturers and individual consumers is expected to be a rising trend in the industry.
  • Auto accessories shops in present times are loaded with such metallic wheel coatings owing to the high customer demand. In order to meet the rising customer demand, automotive wheel coating manufacturers have launched various wheel coating sprays that can be used without any prior guidance.

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Competitive Landscape

Prominent players in the market for automotive wheel coatings are concentrating on the acquisition of other market players in order to increase their consumer base. In addition to that, their rapid expansion and strategic steps include capacity expansions and geographical expansions in emerging economies to bolster the stronghold in the market. Key market players are heavily investing in research and innovations for product development. At the same time, they are introducing sustainable coatings with attractive finishing properties to boost sales.

Key Companies Profiled

  • Akzo Nobel N.V.
  • Kansai Paint Co. Ltd.
  • PPG Industries Inc.
  • Axalta Coating Systems
  • BASF SE
  • Emil Frei Gmbh and Co. KG
  • Lankwitzer Premium Coatings
  • TIGER Coatings GmbH and Co. KG
  • Arsonsisi
  • Helios Coatings

More Insights into the Automotive Wheel Coatings Market

Over the last few years, China is anticipated to dominate the global chemical manufacturing industry attributing to its low labor costs, rapid investments, flexible government regulations, enormous supply chains, and easy availability of raw materials. Growth in the manufacturing industry has also flourished in end-use industries that cater to the cumulative growth of China as the biggest raw material manufacturer and consumer.

Automotive Wheel Coatings Market Outlook by Category

By Material Type:

  • Acrylic Enamel
  • Acrylic Urethane
  • Acrylic Lacquer
  • Zinc Phosphate
  • Epoxy
  • Epoxy Polyester
  • Polyester
  • Polyurethane

By Substrate:

  • Aluminum
  • Steel
  • Others

By Product Type:

  • Primers
  • Base Coat
  • Clear Coat/Topcoat

By Vehicle Type:

  • Passenger Cars
  • LCVs
  • HCVs

By Sales Channel:

  • OEMs
  • Aftermarket

By Region:

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

Study by: https://www.globenewswire.com/en/news-release/2023/11/06/2773881/0/en/Automotive-Wheel-Coatings-Market-to-Generate-US-1-163-83-Million-Revenue-by-the-end-of-2033-Owing-to-Increased-Wear-and-Tear-of-Wheels-Tires-FMI.html

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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UV Coatings Market Share Projected to Reach USD 6,780 million by 2033: Key Drivers and Trends Revealed in FMI’s Latest Analysis

The demand for UV coatings is expected to rise due to increasing environmental awareness and the growing electronics industry. The rise in coatings demand from industrial applications will most likely have a positive impact on the market. The global UV coatings market is anticipated to attain a valuation of USD 4,065.94 million in 2023 and is estimated to reach USD 6,780 million by 2033, expected to rise at a CAGR of 5.2% during the forecast period.

The market growth is expected to be supported by low operational costs, minimal to zero volatile organic compound emissions, and superior characteristics such as higher gloss finish and improved resistance. The growth of graphic arts and numerous industrial applications such as wood, plastic, conformal, display, and paper coatings is anticipated to contribute to market expansion.

The sales of UV coatings are expected to increase due to rising research activities focused on generating new and enhanced functionalities, particularly through the application of nanotechnology. Self-healing coatings, which incorporate filled nanocapsules, are being developed to repair physical damage by releasing polymerizable substances. Additionally, there is a growing demand for biocidal coatings, leading to ongoing research to enhance their resistance against a wide range of microbes. These factors have the potential to significantly boost market growth.

UV coatings technology offers two key advantages that have earned it the “green” label in the clothing manufacturing industry. Firstly, UV coating formulations typically have low levels of hazardous air pollutants (HAPs) and volatile organic compounds (VOCs). Secondly, UV coatings require less energy for drying compared to solvent-based or water-based coatings, resulting in reduced greenhouse gas emissions. As companies strive to reduce their environmental footprint and comply with regulations, UV coatings serve as a valuable tool to cut air pollution and greenhouse gas emissions. These factors are expected to drive market growth throughout the forecast period.

Key Takeaways

  • The market in China is projected to grow with a CAGR of 5.4% during the forecast period.
  • The demand for UV coatings in Japan is expected to grow with a significant CAGR of 5.5% during the forecast period.
  • United States is expected to account for 90.4% of the North American market share by 2033.
  • By composition, monomers segment is expected to grow with a CAGR of 4.8% during the forecast period.

“Increasing demand for UV coatings from industrial applications is expected to drive market growth during the forecast period,” comments an FMI analyst.

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Competitive Landscape

The market for UV Coatings is highly competitive, with various prominent industry players making substantial investments in increasing their manufacturing capabilities.

The key industry players are Arkema Group, BASF SE, Akzo Nobel NV, PPG Industries, Axalta Coating Systems LLC, The Valspar Corporation, The Sherwin-Williams Company, Croda International PLC, Dymax Corporation, Allnex Belgium SA/NV Ltd., Watson Coatings Inc.

Some recent developments in the UV Coatings market are:

  • In April 2021, Dymax Oligomers and Coatings collaborated with Mechnano to create UV-curable dispersions and masterbatches of Mechnano’s functionalized carbon nanotube (CNT) for UV applications.
  • Sherwin-Williams Company acquired Sika AG’s European industrial coatings division in August 2021. The deal was set to be completed in Q1 2022, with the acquired business joining Sherwin-Williams’ performance coatings group operating segment.
  • PPG Industries Inc. acquired Tikkurila, a prominent Nordic paint and coatings company, in June 2021. Tikkurila specializes in environmentally friendly decorative products and high-quality industrial coatings.

Key Segments Profiled in the UV Coatings Market 

By Composition:

  • Monomer
  • Oligomer
    • Polyester
    • Polyether
    • Polyurethane
    • Epoxy
  • Photo Initiator
  • Additives

By Type:

  • Water-Based
  • Solvent-Based

By End Use:

  • Wood & Furniture
  • Electronics
  • Automotive
  • Paper & Packaging
  • Industrial Coatings
  • Building & Construction

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Pharmaceutical Solvents Market Size Set to Reach USD 6.1 billion by 2033, Driven by Green Chemistry Innovations

The pharmaceutical solvents industry size is securing a valuation of USD 3.9 Billion in 2023 and is projected to reach USD 6.1 Billion by 2033. The market is capturing a CAGR of 4.6% during the forecast period.

Key Opportunities to Bring Lucrative Growth:

The market presents various key opportunities, including:

  • Increasing Demand for Pharmaceuticals: The increasing number of chronic disease patients, the aging population, and the demand for natural drug formulations drive the market size.
  • Adoption of Advanced Drug Delivery Systems: The innovation of nanotechnology to formulate solvent drugs among manufacturers is creating huge market opportunities.
  • Rising Demand for Green Solvents: Manufacturers focus on reducing carbon footprints by providing eco-friendly solvents. These solvents are safe, efficient, and sustainable, creating better manufacturing processes without environmental impact.
  • Emerging Economies: The emerging economies in developing countries such as India, China, and Brazil are significantly fueling the market opportunities Manufacturers expand the market through their unique and innovative product launches in these countries.
  • High-quality Products: The pharmaceutical sector continuously grows by developing high-quality products to reduce carbon emissions. The government imposes stringent regulations to maintain the quality of products in the pharmaceutical industry. It helps to increase the demand and generate huge revenue in the market.

Key Takeaways:

  • The United States is anticipated to register a share of 20.9% in the global market by 2033.
  • Indian market is anticipated to capture a share of 5.7% in the global market by 2033.
  • With a share of 6.4%, the German market is significantly fueling the global market during the forecast period.
  • Japan is securing a share of 6.1% in the global market during the forecast period.
  • In a historic period, the market stood with a valuation of USD 3.7 Billion with a CAGR of 4.2% in 2022.

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How Key Players Are Achieving Their Goals in the Global Market?

The key players are achieving their goals in the global pharmaceutical solvents market through several strategies are:

  • Product Innovation: The prominent players continuously improve product quality through their innovative skills and research and development activities. The players have a deep analysis of the market and carry out unique ideas to develop improved products for their consumers.
  • Geographic Expansion: The key players are expanding their reach from local to international with their innovative products. This geographic expansion leads to reaching their relevant customers are increasing sales.
  • Promotion and Marketing: Key players invest money in promoting and marketing their products. These players use various channels to promote their products to meet genuine consumers, such as online advertising, social media, and trade shows.

Recent Developments in the market:

  • In 2020, Eastern Chemical Company launched its two new solvents, Solus 310 and Solus 210. These solvents are developed for suitable pharmaceutical applications.
  • In 2021, BASF announced its newly launched pharmaceutical solvent Kollisolv PEG 400. It is widely used for liquid and semi-liquid formation dosage.
  • In 2021, Honeywell International Inc. launched its new non-inflammable solvents. These are safe, suitable, sustainable solvents widely used in the pharmaceutical sector to reduce carbon footprints.

Other Key Players are:

  • ExxonMobil Corporation
  • Royal Dutch Shell PLC
  • Yip’s Chemical Holdings Limited
  • Mitsubishi Chemical Corporation
  • Merck KGaA
  • Avantor, Inc
  • BASF SE
  • Sigma-Aldrich Co. LLC
  • Dow Inc
  • Thermo Fisher Scientific Inc
  • Ashland Global Holdings Inc
  • Honeywell International Inc
  • Eastman Chemical Company

Pharmaceutical Solvents Market by Category:

By Chemical Group:

  • Alcohol
    • Ethanol
    • Isopropanol
    • Propanol
    • Propylene Glycol
  • Amine
    • Aniline
    • Diphenylamine
    • Methylethanolamine
    • Trimethylamine
  • Ester
    • Acetyl Acetate
    • Ethyl Acetate
    • Butyl Acetate
  • Ether
    • Diethyl Ether
    • Anisole
    • Polyethylene Glycol
  • Chlorinated Solvents
    • Carbon Tetrachloride
    • Dichloromethane
  • Others (Chelating Agents, Acetone)

By Region:

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East Africa

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Ion Exchange Resins Market Size Expected to Surge to USD 2.37 billion by 2033, Driven by Growth in Power Generation and Wastewater Treatment

The global ion exchange resins industry sales are expected to register a valuation of USD 1.47 million in 2023 and reach USD 2.37 million by 2033. The global market is estimated to capture a CAGR of 4.9% during the forecast period.

Manufacturers Bring Lucrative Opportunities in the Global Market

Manufacturers are shaping the global market with various opportunities:

  • Innovative Product Development: Manufacturers are focused on developing innovative and advanced products to meet consumers’ requirements. They are improving product durability, selectivity, and capacity to meet several industries’ needs.
  • Customized Solutions: Key manufacturers offer tailoring ion exchange resins to various applications. These industries include pharmaceutical purification, water softening, and metal recovery.
  • Environmental Sustainability: Manufacturers are developing sustainable products to reduce ecological corrosion and promote greener solutions. They are adopting various regulations to create eco-friendly ion exchange resins with eco-friendly solutions.
  • Efficiency and Cost-Effectiveness: Consumers are increasing the demand for ion exchange resins due to their efficiency and cost-effective solutions. These resins reduce wastage and operational costs and achieve better results.
  • Collaborations: Key manufacturers collaborate with research institutions, industrial experts, and universities to innovate advanced products. They are collaborating with them to share knowledge and skills and improve product development.
  • Global Expansion: The growing water treatment demands and rapidly expanding industrialization increase the adoption of ion exchange resins. These treatment processes are significantly driving global market expansion.
  • Education and Awareness: Manufacturers are growing awareness by educating their relevant consumers about ion exchange resins.
  • After-sales Support: Manufacturing companies offer after-sale services to maintain trustworthy customer relationships. They provide services, training, and technical support to meet consumers’ requirements.
  • Continuous Improvements: The growing advanced technologies are updating regular improvements in their existing products. They are taking feedback from their relevant consumers and advancing their products to stay ahead of competitors.
  • Adapting to Regulations: Changing compliance regulations to ensure the quality of products is expanding the global market size. The rising industrial guidelines and ensuring products align to meet customers’ expectations.

These opportunities in the global market advance the end users’ requirements and promote sustainability.

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Key Takeaways: 

  • The global ion exchange resins market is anticipated to capture a valuation of USD 2.37 billion with a CAGR of 4.9% by 2033.
  • The global market recorded a CAGR of 4.5% in the historical period between 2018 and 2022.
  • The power generation sector is estimated to dominate the global market by 2033, based on end users.
  • The United States is anticipated to contribute a sizable global market share during the forecast period.

Key Players in the Global Market:

The global market is highly fragmented by essential players investing millions in research and development activities. These players drive the global market through various marketing methodologies such as mergers, collaborations, acquisitions, and agreements.

Top Key Players in the Global Market

  • The Dow Chemical Company
  • Lanxess AG
  • Purolite Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Thermax Limited
  • Ion Exchange India Ltd
  • Samyang Holdings Corporation
  • Sunresin New Materials Co. Ltd
  • ResinTech Inc.
  • Jiangsu Suqing Water Treatment Engineering Group Co., Ltd.
  • Alfa Aesar
  • Purolite Corporation

Recent Developments in the Global Market are:

In 2021, DuPont announced its newly launched manufacturing plants for ion-exchange resins for pharmaceuticals. It enhances the portfolio of pharmaceutical goods, including excipients.

Key Segmentation

By Product Type:

  • Cation Exchange Resins
  • Anion Exchange Resins
  • Others

By End Use:

  • Power Generation
  • Chemical and Fertilizer
  • Food and Beverage
  • Electrical and Electronics
  • Pharmaceutical
  • Domestic and waste water treatment
  • Paper and Pulp
  • Others

By Region:

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

Old Source: Global Ion Exchange Resins Market Poised for Remarkable Growth, Expected to Reach USD 2.37 Billion by 2033 with a CAGR of 4.9% | Future Market Insights, Inc.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

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