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Global Graphite Market Poised for Remarkable Surge, Anticipated to Achieve a Staggering Valuation of US$ 46,175.8 million by 2033, Reveals Latest Research

According to research by our market experts, the worldwide graphite market is expected to reach around US$ 24,599 million in 2023. The market is likely to continue growing with a strong CAGR of 6.5% predicted for the period between 2023 and 2033.

The net worth of the total value of graphite sold across all the countries in 2022 was nearly US$ 23,097.7 million. With a strong CAGR of 6.1% during the years from 2018 to 2022, the worldwide sales of graphite for industrial use have witnessed impressive growth. The realization of several new applications of graphite that emphasize the universal necessity of it across sectors supports this growth trend.

The market growth pace is expected to continue with an average annual growth rate of 6.5% over the next ten years. The overall market could reach an astounding valuation of close to US$ 46,175.8 million as it navigates this forecast period up to 2033.

Emerging applications in a variety of sectors, including electronics, automotive, and energy, offer diversifying market potential. In recent years, the increased use of graphite in the pharmaceutical sector is also a key factor in its rising demand. This adaptable substance is used in medication delivery systems, medical device electrodes, and as a key element in cutting-edge medical technology.

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Many growth triggers might be blamed for the growing trend. The use of graphite in renewable energy technologies is becoming widespread, notably in lithium-ion batteries for electric cars and energy storage. So, the global demand for graphite is anticipated to have great market opportunities as we move toward renewable energy sources.

Key Takeaways from the Global Graphite Market Study Report by FMI

The United States developed almost 13.2% of the total global demand for graphite generated in the year 2022. In terms of value, the overall regional market had acquired revenue of around US$ 3,057.7 million that year.
Our market researchers estimate that in the year 2022, market players in China contributed over 70% of all the graphite in the Asia Pacific. China is expected to remain the leading supplier of graphite globally followed by India in the Asia Pacific geographical region.
Among the two broad categories of graphite available in the market, synthetic graphite is projected to remain the leading segment during the forecast years. However, increasing mining activities in China are anticipated to increase the share of the natural graphite segment substantially during this period.
Based on applications of graphite, the refractories industry segment is expected to create high demand for the worldwide market in the forthcoming years. Contrastingly, the batteries segment is growing significantly with the rising popularity of electric vehicles around the world.

Competitive Landscape for the Graphite Market Players

The leading market players have secured a consistent and long-lasting supply of graphite through strategic alliances and financial investments in mining operations. However, the availability of high-quality graphite and overall market competition may be severely impacted by geopolitical variables and supply chain dynamics.

In recent years, the procedures used in graphite mining have also come under great scrutiny due to growing environmental concerns. So, companies that emphasize ethical and sustainable mining practices and environment-friendly technology are likely to acquire a competitive advantage.

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Top Key Players in the Graphite Market

Showa Denko K.K.
Toyo Tanso Co., Ltd.
Tokai Carbon Co., Ltd
Graphite India Limited
Nippon Carbon Co., Ltd.
HEG Limited
SEC Carbon, Limited
Imerys S.A.
GrafTech International Ltd.
Mersen Group
Fangda Carbon New Material Co., Ltd.

Graphite Market Outlook by Category

By Product Type:

Natural Graphite
- Flake
- Amorphous
- Vein
Synthetic Graphite
- Graphite Electrode
- Carbon Fiber
- Graphite Blocks
- Graphite Powder
- Others

By Application:

Refractories
Lubricants & Crucible
Foundry Facing
Batteries
Other Applications

By Region:

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

About Future Market Insights (FMI)

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

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Corrosion Protection Rubber Linings and Coatings Market Thrives on Technological Advancements, Shifts Towards Waterborne Solutions Amidst Rising Demand for Robust Industrial Surface Protection

According to the latest research by Future Market Insights (FMI), the global market for corrosion protection rubber linings and coatings will register a healthy expansion during the forecast period (2017-2022). The global corrosion protection rubber linings and coatings market is estimated to account for nearly US$ 12,000 Million revenues by 2022-end.

Manufacturers focusing on Development of Highly-volatile Deterioration-resistant Materials

Shifting end-user preferences from solvent-borne solutions to water-borne solutions is a key trend being observed in the market currently. Manufacturers of corrosion protection products are increasingly focusing on safeguarding various end-use sector’s operational performance. These manufacturers are also taking steps to cater the imperative need of preventing exterior corrosion of industrial surfaces. In addition, the focus on development of highly-volatile deterioration-resistant materials is increasing on the back of growing inclination towards technologically-advanced corrosion coating.

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Industrial Facilities built from Carbon Steel at High Risk of Corrosion

Global leading manufacturers of corrosion protection rubber linings and coatings are making heavy investments in research and development activities, in a bid to develop new techniques for complete prevention of corrosion. Various industrial facilities, ranging from processing equipment, water treatment plants, oil & natural gas tank farms, to pipelines, are at huge risk of corrosion, especially the ones whose structures are made of carbon steel. This is mainly because carbon steel is highly prone to corrosion, which has resulted into production downtime, and repair & replacement activities.

Several proactive industries are therefore moving beyond traditional techniques that are only capable of slowing down the corrosion. The industries are further shifting towards adoption of novel techniques, which enable complete prevention from corrosion, thereby minimising cost, and production downtime needed to replace, repair, or recoat the corroded equipment or material. According to World Corrosion Organisation, over 3% of world’s GDP is spent on corrosion-related activities across the globe annually.

Solvent-borne Form Type Segment to Account for over 40% Revenue Share of the Market

Projected to account for over 40% revenue share of the market during 2017 to 2022, solvent-borne segment by form type is expected to remain dominant in the global corrosion protection rubber linings and coatings market. In addition, water-borne segment is expected to witness a relatively faster expansion in sales through 2022. As solvents comprise of harmful chemicals, end-users are now preferring water-borne solutions over solvent-borne for corrosion protection.

Asia-Pacific Excluding Japan (APEJ) and North America will remain the largest markets for corrosion protection rubber linings and coatings. The markets in Japan, and Middle East & Africa (MEA) are also expected to witness a healthy expansion through 2022. In addition, the market in Europe is estimated to create an absolute $ opportunity of roughly US$ 560 Mn between 2017 and 2022.

Hard Rubber Lining Systems will Remain Preferred in the Market

Hard rubber lining systems are expected to remain preferred among products, with sales projected to account for nearly two-third revenue share of the market during 2017 to 2022. However, soft rubber lining systems’ sales are anticipated to reflect a comparatively higher CAGR than that of hard rubber lining systems through 2022.

Sales of corrosion protection rubber linings and coatings in marine, and construction end-use sectors are expected to collectively account for over one-third revenue share of the market in 2017. These end-use sectors will witness a rise in their market share through 2022. In addition, oil & gas is expected to remain the fastest growing end-use sector in the market, with sales poised to account for nearly US$ 2,000 Mn in revenues by 2022-end.

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The Top 10 Key market players are

The Sherwin Williams Company
STEULER – KCH GmbH
PPG Industries, Inc.
Polycorp Limited
Koch Knight LLC
Jotun A/S
BASF SE
Axalta Coating Systems
Ashland Global Holdings, Inc.
Akzo Nobel NV.

Market Taxonomy

The report delivers a segmentation-wise forecast and analysis of the global corrosion protection rubber linings and coatings market. Each segment of the market is analysed discretely, with the provision of country-wise forecast and cross-sectional data. The market has been categorised on the basis of form type, product type, end-use, and region.

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Product Type

Hard Rubber Lining Systems
Soft Rubber Lining Systems

End Use

Marine
Oil and Gas
Power Generation
Construction
Automotive
Transportation
Chemicals
Mining & Metallurgy
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Friction Modifier Additives Market Surges Past US$ 2,464.7 million Milestone in 2033, Fueled by Robust Automotive and Aviation Industry Demand

The market could expand at a CAGR of around 4.3% from 2023 to 2033 with the continued spike in demand for friction modifier additives. FMI further anticipates the global market may be rising to a sizeable valuation of US$ 2,464.7 million by 2033 from US$ 1,617.8 million in 2023. These additives have become essential for lowering wear in car engines and gearboxes, which improves fuel economy, reduces pollutants, and lengthens engine life.

The historical period from 2018 to 2022 saw moderate expansion in the sales of friction modifier additives globally, with a CAGR of about 3.2%. This growth resulted from friction modifier additives being used more often across various new end-use sectors and industries. Traditionally, friction modifier additives find extensive application in aviation lubricants, aiding in better engine performance and fuel economy.

The demand for friction modifier additives is expected to grow, offering profitable prospects for businesses in the manufacturing industries. Moreover, these additives have drawn a lot of interest in recent years because of their capacity to increase the effectiveness and performance of lubricants. So, as it lengthens the total operating lifespan of machinery and equipment, the automobile sector is the leading consumer of friction modifier chemicals nowadays.

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With an increase in commercial and freight flights, the aerospace sector is expanding significantly, and the use of friction modifier chemicals is anticipated to increase dramatically. Likewise, the rail transportation sector is another significant contributor to the demand for friction modifier additives as it enhances operational efficiency and minimizes maintenance costs.

Concerns about the environmental effect of the rising usage of friction modifier additives may arise, particularly in light of possible pollution and disposal challenges. The price and availability of the raw materials might vary, which can also affect production costs and, in turn, product pricing.

Key Takeaways from the Global Friction Modifier Additives Market Study Report by FMI

The sales of friction modifier additives in the United States were higher in comparison to other countries, and in 2022, it captured 15% of the global market share.
Germany is the leading producer and supplier of friction modifier additives in Europe, with a 6.7% global market share in 2022.
As a result of their broad use across several sectors, friction modifier additives are enjoying substantial expansion in the Asia Pacific countries. China and India, for instance, are projected to witness CAGRs of 4.8% and 5.1% respectively over the forecast years.

Competitive Landscape for the Friction Modifier Additives Market Players

Some top market players

Adeka Corp
BRB International BV
King Industries Inc
Croda International Inc.
Chevron Corp
Lubrizol Corporation
BASF SE
Afton Chemicals Corporation
CSW Industrial
Wynn’s
Dorf Ketal
DOG Chemie
ABITEC
Lanxess

Continuous research and development efforts by these leading market players have introduced innovative friction modifier additives with enhanced properties.

The need for sophisticated lubricants with friction modifier additives has increased as a result of the expanding global automobile industry and strict environmental requirements. To fulfill the changing needs of end consumers and gain a competitive edge, new players may take advantage of the innovations made by existing manufacturers. Moreover, they should focus on burgeoning industrialization and expanding automotive and aviation industries in emerging regions to broaden their clientele.

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Friction Modifier Additives Market Segmentation

By Product Type:

Organic
Polymer
Fatty Acids
Esters & Amides
Inorganic
MoDTC
MoS2
Graphite
Other Product Types

By Application:

Automobile Lubricants
Industrial Lubricants
Rail Lubricants
Aviation Lubricants
Power Generation Lubricants
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
The Middle East & Africa (MEA)

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Nandini Singh Sawlani

Global Polymer Coated Fabrics Market to Soar to US$ 35,835.30 million by 2033 Driven by Surging Demand from Automotive, Textile, and Furniture Sectors

The polymer coated fabrics market is witnessing a surge in popularity due to its waterproof, UV-resistant, abrasion-resistant, and durable characteristics. In addition, the product is experiencing significant demand in applications such as awning pool covers, roof protectors, tarpaulins, and marine covers. It is driven by its excellent physical properties, impermeability to dirt & oil, and corrosion resistance. This strong demand is expected to propel considerable market growth.

In 2023, the polymer coated fabrics industry is poised to be valued at a substantial US$ 21,791.30 million, and it is projected to maintain a noteworthy Compound Annual Growth Rate (CAGR) of 5.1% from 2023 to 2033. By the year 2033, this dynamic industry is anticipated to achieve a significant milestone, soaring to an impressive market value of US$ 35,835.30 million, reflecting its robust and sustained growth over the coming decade.

Protective Clothing Market Soars with Growing Industrialization in Emerging Economies

Rapid industrialization in developing countries has led to an increasing demand for protective clothing to ensure worker safety in hostile environments. Further, the demand is driven by cultural, sociological, and psychological factors, with stringent government regulations in the Middle East and Asia Pacific making safety precautions mandatory. As a result, there is a growing need for lightweight, comfortable, and highly heat-resistant protective clothing, leading to an upsurge in demand for coated fabrics.

Coated fabrics with high flame resistance are particularly utilized in manufacturing protective clothing for firefighters. Also, the rising focus on safety measures in transportation applications is expected to boost the polymer coated fabrics market growth.

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Eco-Conscious Consumers and Coated Fabrics: Addressing Environmental Concerns

Stringent government regulations have been imposed due to the release of hazardous air pollutants during the manufacturing process of coated fabrics, posing environmental concerns. Also, the growing consumer awareness about the ecological impact of non-recyclable products and disposal issues hampers polymer coated fabrics market growth.

For manufacturers, properly disposing of waste materials remains a significant challenge, as chemical recycling of coated textiles proves costly and leads to logistical issues and limited process flexibility.

The production of coated fabrics, particularly toxic solvents, is the primary source of hazardous air pollutants emitted at various stages of the industrial process. Consequently, these environmental concerns are expected to restrain the market growth of polymer coated fabrics during the forecast period.

Regional Outlook

The Asia Pacific region is poised to dominate the global polymer coated fabrics market due to rapid industrial growth and urbanization in key countries like China and India. Additionally, the demand from transportation, protective clothing, and industrial sectors is fueling market growth. Japan and South Korea are significant contributors.

Developing countries’ booming automotive industry and increased use in household furniture manufacturing boost demand. Also, innovations like shape memory polymers for smart textiles fuel growth. Small countries in Asia with low labor costs and relaxed regulations are projected to show substantial industrial development, enhancing the region’s export and production activities.

Key Takeaways

The PU-coated fabrics segment in the product type category is likely to grab a share of 70% from 2023 to 2033.
In the textile material category, the knitted segment is to acquire a market share of 60% between 2023 and 2033.
The United States polymer coated fabrics business is expected to acquire a share of 30% by 2023.
Germany’s polymer coated fabrics industry is to grab a share of 40% by 2023.
Japan’s polymer coated fabrics business is anticipated to hold a share of 00% by 2023.
Australia’s polymer coated fabrics industry is predicted to capture a share of 40% by 2023.
China’s polymer coated fabrics business is expected to secure a CAGR of 50% through 2033.
India’s polymer coated fabrics sales are estimated to develop at a CAGR of 00% from 2023 to 2033.
The United Kingdom polymer coated fabrics business is to evolve at a CAGR of 20% through 2033.

Competitive Landscape

Companies covered in the global polymer coated fabrics market include

BASF SE
Akzo Nobel NV
Saint-Gobain
PPG Industries, Inc
Nippon Paint Holdings Co., Ltd
The Sherwin-Williams Company
The Valspar Corp.
E I du Pont de Nemours and Company
Bayer AG
3M
Takata Corporation
Trelleborg AB
Spradling International Inc
Serge Ferrari Group
Sioen Industries NV
Continental AG
Cooley Group Holdings
Dickson Constant
Seaman Corporation
SRF Limited

Market growth is fueled by initiatives taken by participants.

Novel Breakthroughs

In Dec 2021, Trelleborg Group acquired a division of Alpha Engineered Composites, a US-based company specializing in polymer-coated fabrics for niche applications in transportation, aerospace, and engineered industrial products.
In April 2020, Synthomer acquired OMNOVA Solutions Inc., significantly bolstering its presence in North America and expanding its reach in Europe and Asia. The acquisition established a leading global specialty chemicals company with substantial scale and a solid foundation for future investments and growth.

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Key Segmentation

By Product Type :

Vinyl Coated Fabrics
PU Coated Fabrics
PE Coated Fabrics
Others (acrylic, nylon 6, nylon 6-6, PA, PC, PEEK, PBT, and PET)

By Textile Material Type :

Knitted
Woven
Non-Woven

By Application :

Transportation
Protective Clothing
Industrial
Roofing
Awnings & Canopies
Furniture & Seating
Others (Agriculture, Geotextiles, Medical, Sports & Leisure, And Packaging)

By Region :

North America
Latin America
Europe
East Asia
South Asia & Pacific
The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Global Paint Additives Industry Projected to Soar to US$ 14,877.8 Million by 2032, Riding on Robust Growth in Building and Construction

Over the projected period, the building and construction industry will be one of the key growth drivers for the paint additives market. The global paint additives industry is expected to be worth US$ 14,877.8 million by 2032, with total demand increasing at a moderate CAGR of 4.6% from 2022 to 2032. The paint additives market is expected to reach an estimated US$ 9,489.0 Million by 2022, driven by increasing usage in various industry verticals such as automotive, architectural, wood & furniture, and others.

Paint additives are specialist compounds that are mixed into paint to improve its qualities. These additives can boost durability, adhesion, color retention, and resistance to elements such as moisture, UV radiation, and abrasion. They can also produce unique effects such as texture or shine. Manufacturers and do-it-yourself painters alike can achieve desired aesthetics, protection, and performance in a variety of settings and applications by tailoring paint compositions with additives.

Paint additives help enhance the performance, efficacy, and usefulness of paint while addressing flaws, and increasing functionality. These additives remove deficiencies in the coating, boost abrasion resistance, stem the growth of microbes, and bestow distinctive properties to the paint, which are not easily attained. The escalating demand for paints and coatings is mainly because of the swift growth witnessed in the automotive and construction sectors. Further, the growing need to improve the efficiency and functionality of paints is expected to continue to play a vital role in the rising demand for paint additives throughout the upcoming decade.

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One of the primary end-user and growth drivers of the paint additives market is the building & construction sector. A wide range of paints and coatings are used to beautify and shield the details on the building surface. The paint additives market is growing at a rapid rate due to the extensive usage of paint additives in commercial and residential construction. These additives provide water resistance, corrosion resistance, abrasion resistance, and thermal resistance. The growth of infrastructure activities like highways and dams, particularly in developing countries, are further propelling the growth of the target market.

In addition to this, elevated demand for low-VOC paints also augments the sales of paint additives in the global market. Low VOC paints ensure cleaner air, easier cleanup, greater durability and longevity as well as economic effectiveness. All of these aforementioned factors work in tandem to provide a positive market atmosphere for paint additives over the forecast period.

“Expanding construction and building sector including infrastructure projects in developing countries will propel the market growth of the paint additives over the forecast period,” – FMI analyst.

Key Takeaways in the Paint Additives Market Report:

The rising adoption of paint additives in automotive, wood & furniture, and other industries will facilitate market growth.
Strict environmental regulations may hinder the expansion of the paint additives market.
China accounts for over 50% of the market share.
In 2022, the US will hold about 17.4% of the global market share.
Based on the application, the rheology modification application segment will account for the largest market share.
Water based paint additive segment is expected to dominate the market.

Competitive Landscape in the Paint Additives Market

Some of the major players in the paint additives market are profiled in the full version of the report

AkzoNobel N.V.
Arkema SA
Asahi Glass Co. Ltd.
Ashland Inc.
BASF SE
BYK-Chemie
Dow Chemical
Evonik Industries
Arch Chemicals
Lonza
Daikin Industries

Leading market players are focusing on expanding their manufacturing capacities to cater to the growing demand. Mergers, acquisitions, collaboration, product releases, and facility expansions are some of the other strategies employed by these organizations.

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More Insights into Paint Additives Market Report

In its latest report, FMI offers an unbiased analysis of the global paint additives market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (acrylics, fluoropolymers, urethanes, metallic additives, others (epoxy, polyalkyds, and amines), formulation (solvent based, water based), application (rheology modification, biocides impact modification, wetting & dispersion, anti-foaming, others (flexibility, curing, slip & rub)), end use (industrial, automotive, architectural, wood & furniture, others), and region.

According to the latest FMI reports, based on segmentation, the rheology modification segment is predicted to remain one of the most common applications in the paint additives market. In terms of formulation, water-based paint additives will gain traction over the forecast period.

Based on region, the paint additives market in China is anticipated to exhibit significant growth over the assessment period. The country is expected to dominate the Asia Pacific regional market, accounting for over 50% of the market share. The rapid growth of the automotive sector coupled with the expansion of the construction industry are accountable for the market growth of paint additives during 2022-2032.

Key Segmentation

By Product Type:

Acrylics
Fluoropolymers
Urethanes
Metallic Additive
Others (Epoxy, Polyalkyds, and Amines)

By Formulation:

Solvent Based
Water Based

By Application:

Rheology Modification
Biocides Impact Modification
Wetting & Dispersion
Anti-Foaming
Others (Flexibility, Curing, Slip & Rub)

By End Use:

Industrial
Automotive
Architectural
Wood & Furniture
Others

By Region:

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

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Nandini Singh Sawlani

Coating Additives Set to Propel Market Growth, Projected to Reach a Staggering US$ 17.77 billion Market Share by 2033, Fueled by Technological Advancements and Soaring Demand Across Automotive, Architecture, and Wood & Furniture Industries

The coating additives industry is anticipated to thrive at an average CAGR of 4.8% between 2023 and 2033. The market is estimated to be valued at US$ 11.12 billion in 2023, with a market share of US$ 17.77 billion by 2033.

Anti-foaming characteristics, biocides, and impact modifiers are all anticipated to add value to the market structure. Furthermore, market expansion is expected to favor additives for the automotive and packaging sectors.
The OEM coatings, primers, monolayer topcoats, and other coatings improve surface properties. The higher demand for customized layers with specific detailing, chemicals, and elements is anticipated to flourish the market success.
The stringent zero-VOC emission regulations and government support to automotive businesses contribute to market dynamics. Alongside this, the improved wettability, UV protection, and advanced chemical resistance are likely to help industries get the best out of these additives.
New vendors are focusing on building their products through different chemicals and elements that limit microbial growth and prevent corrosion. Alongside this, the high-end research and development facilities and extensive usage of raw materials are increasing the demand for coating additives.
The fluctuation in raw material prices makes manufacturing smooth and unique, Though the strict government regulations limit the market growth.
The surge in rheology modification operations is expected to help the market widen its boundaries. The construction application of coating additives involves delivering durability and texture.

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Key Points

The United States market leads the North American coating additives market in terms of market share in North America. The United States held a healthy market share of 17.0% in 2022. The factors attributed to the growth are increased automotive operations, higher construction activities, and adoption of advanced coatings.
The German coating additives market held an average market share of 5.2% in 2022. The market growth is caused by higher automotive applications due to the large manufacturing sites.
The Indian market thrives at a healthy CAGR of 5.9% between 2023 and 2033. The growth is attributed to higher economic activities and higher construction activities.
Based on formulation type, the solvent-based segment held the leading market share of 58.7% in 2022.
Based on application, the rheology led as it held a market share of 33.7% in 2022.

Competitive Landscape

The key suppliers focus on improving texture, enhanced color, and longer protection. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments

Evonik Industries AG has introduced its business line-based traditional additives such as defoamers, wetting and dispersing, deaerators, and matting agents.
Momentive Performance Materials, Inc. Has launched coating additives for applications such as Coat OSil 1770 and CoatOSil 3505. Their applications involve wetting waterborne systems on standard and hard-to-wet substrates, auto refinishing, and leather goods.

Top Key Players in the Market

Akzo Nobel NV
Arkema SA.
Ashland Global Holdings Inc.
BASF SE
BYK-Chemie GmbH
Asahi Glass Co., Ltd.
Dow Chemical
Evonik Industries AG
Solvay SA
Momentive Performance Materials, Inc.
Arch Chemicals
Lonza Group AG

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Key Segmentation

By Product Type:

Acrylics
Fluoropolymers
Urethanes
Metallic Additive
Others (Epoxy, Polyalkyds, and Amines)

By Formulation Type:

Solvent-Based
Water-Based

By End Use Industry:

Automotive
Architectural
Industrial
Wood & Furniture
Others

Key Regions Covered:

North America
Latin America
Europe
Japan
Asia Pacific Excluding Japan
The Middle East and Africa

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Global Life Science and Chemical Instruments Industry Poised for a Striking 5.3% CAGR Growth by 2032, According to Latest FMI Report

The latest analysis conducted by Future Market Insights Inc. indicates a substantial upswing for the Global Life Science and Chemical Instruments Industry. Projections anticipate a noteworthy increase from US$ 40.7 million in 2021 to an impressive US$ 43.8 million by 2026. Furthermore, the market is set to showcase a robust Compound Annual Growth Rate (CAGR) of 5.3% from 2022 to 2032.

Life science and chemical instruments play pivotal roles in advancing research and development, enriching educational institutes, and enhancing clinical laboratory capabilities. These instruments, constantly evolving, wield a profound impact across various sectors, contributing significantly to scientific breakthroughs and technological advancements.

Global Life Science and Chemical Instruments Industry:

Owing to technological advancements, the Global Life Science and Chemical Instruments Industry is expected to witness rapid growth, with an increase in outsourcing activities to Contract Research Organizations (CROs). Other factors contributing to the growth of the life science and chemical instruments market are growth in research and development in the pharmaceutical companies in drug discovery and clinical diagnostics, available funding from the government and corporations for research studies, and continuous technological innovation in the field of analytical instruments. Also, the emergence of proteomics and innovations in human genome mapping has increased the demand for the instruments in research and development laboratories and academic institutions. However, fierce competition among the vendors, lack of skilled professionals, and the high cost of these advanced instruments are anticipated to act as challenges for the growth of this market.

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Chromatography is a method of separating inorganic and organic compounds so that they can be analyzed and studied further. This technique has been widely accepted in various industries such as biotechnology, the chemical industry, the pharmaceutical industry, the food industry, and clinical and forensic laboratories. The demand and further growth of chromatographic applications with drive the chromatographic instruments market during the forecast period. There is a growing demand for Electrophoresis and DNA sequencers and amplifiers in the biotechnology, pharmaceutical, and healthcare industries.

Global Life Science and Chemical Instruments Industry: Overview

The life science and chemical instruments market is expected to expand at a rate of 7% during the forecast period (2015-2025). This market of life science and chemical instruments will grow twofold by 2025.

The spectrometry segment accounts for a significant share of 35%, followed by the chromatography segment.

The major end-user of this market include:

Pharmaceutical and Biotechnology companies
Clinical Research Organizations (CROs)
Research and Academic Institutions
Healthcare Facilities
Forensic Science Laboratories
Food and Agriculture Industry;
Environmental Testing Industry

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Life Science and Chemical Instruments Industry: Regional Outlook

Geographically, the global Life Science and Chemical Instruments Industry is segmented into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle Eastern and African regions. At present, North America dominates the Global Life Science and Chemical Instruments Industry followed by Western Europe. There is an immense opportunity for the market to grow in Asia Pacific, Japan, and Latin American (LATAM) countries. Asia Pacific is demonstrating high market growth due to increasing outsourcing activities in the life science sector, thereby leading to growth in demand for life science and chemical instruments. The market in Europe has reached saturation but has growth potential for the lab automation segment. Singapore is generating a large amount of revenue for this market as many life science companies are establishing their business in Singapore due to tax incentives provided by the domestic government.

Global Life Science and Chemical Instruments Industry: Key Players

Some of the major players contributing to Life Science and Chemical Instruments market are Agilent Technologies, Bio-Rad Laboratories, Becton, Dickinson and Company, Abbott Laboratories, Siemens Healthcare Diagnostics, Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Roche Diagnostics, Inc.

The report covers an exhaustive analysis on:

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

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Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic 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.

Global Life Science and Chemical Instruments Industry: Segmentation

Based on the technologies, the Global Life Science and Chemical Instruments Industry can be segmented as follows:

Chromatography
Electrophoresis
DNA sequencers and amplifiers
Laboratory automation
Spectrometry
Flow cytometry
Microarrays

Report Highlights:

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

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Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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FMI Explores the Global C-Arms Devices Industry’s Prospective 4.2% CAGR Pathway from 2022 to 2032 | FMI

The Global C-Arm Devices Industry is on the brink of remarkable growth, driven by their unparalleled capability to provide high-resolution X-ray images in real time. This technological advancement empowers healthcare professionals to closely monitor surgical procedures, ensuring precision and enhancing patient outcomes.

According to the latest analysis by Future Market Insights (FMI), the C-Arm Devices market, valued at US$ 1.7 billion in 2019, is poised to reach a staggering US$ 2.45 billion by 2027. This projection reflects a robust Compound Annual Growth Rate (CAGR) of 4.2% expected between 2022 and 2032. The surge in demand for advanced imaging technologies within the medical sector is a key driver behind this unprecedented growth.

Notably, the United States is emerging as a pivotal player in the C-Arm Devices market. The nation’s frequent diagnostic testing, coupled with a growing senior population and an increasing incidence of chronic illnesses, significantly contribute to the expanding North American C-Arm Devices market.

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Rising medical imaging technology expertise, financial stability to purchase expensive devices, and acceptance of novel items are the key forces driving strong demand for C-arm devices in the United States. Furthermore, growing infrastructure expenditure to support medical and healthcare development functions as a boost for C-arm device sales in the country.

After North America, the Asia Pacific Global C-Arms Devices Industry is predicted to grow at the quickest CAGR in diagnostic and interventional radiology procedures, resulting in increasing C-arms device sales.

Demand for C-arm devices in China is expected to be driven by the presence of well-established hospitals as well as a large target client pool. Increased population awareness and rapid medical tourism in India are also expected to drive C-arms device sales in the Asia-Pacific C-arms device market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: GE Healthcare Inc., Philips Healthcare, Siemens AG, Hologic corp., BMI Biomedical International s.r.l., DMS Health Technologies, Medonica Co., Ltd., Gemss Co. Ltd., Shimadzu Corp.

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Global C-Arms Devices Industry Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion of the market. Numerous segmentations have been provided for this market based on:

By Type:

Fixed C-Arms
Mobile C-Arms

By Application:

Cardiology
Gastroenterology
Neurology
Orthopaedics and Trauma
Oncology
Other Applications

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Global C-Arms Devices Industry: Dynamics

Presently, the C-arm devices global market is driven by technological advancement in the healthcare industry, by aging population, and the increasing prevalence of osteoporosis disease.

C-arms global market is driven by rapid technological advancement, rapid innovation in production and modeling technologies, increasing privatization in the healthcare sector, and rising adoption of refurbished medical devices in emerging countries. However, lack of skilled professionals and lack of standardization and harmonization of policies act as a major barrier for this market.

Author

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Transcatheter Heart Valve Replacement Industry on Track for a 14.8% CAGR Surge, Envisioning a Significant US$25.4 Billion Valuation by 2033 Reports FMI

In response to the escalating prevalence of cardiovascular diseases, the Global Transcatheter Heart Valve Replacement Industry is poised for a remarkable ascent, projecting a staggering Compound Annual Growth Rate (CAGR) of 14.8% between 2023 and 2033. This robust growth trajectory is anticipated to catapult the market to a valuation of approximately US$ 25.4 billion by the year 2033.

The surge in global sales is underpinned by a growing incidence of various cardiovascular diseases, creating an imperative for innovative solutions and advanced technologies. As the world grapples with the increasing burden of cardiovascular ailments, this upward trend signifies a pivotal moment for the industry.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Transcatheter Heart Valve Replacement (THVR) Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Transcatheter Heart Valve Replacement (THVR) market.

Key Global Transcatheter Heart Valve Replacement Industry Takeaways and Projections

The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
Germany Transcatheter Heart Valve Replacement (THVR) market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

Report Benefits & Key Questions Answered

Transcatheter Heart Valve Replacement (THVR) Historical Market Outlook:Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Transcatheter Heart Valve Replacement (THVR) market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
Transcatheter Heart Valve Replacement (THVR) Demand-Supply Assessment:The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Transcatheter Heart Valve Replacement (THVR) market. As per the survey, Global Transcatheter Heart Valve Replacement Industry sales will project steady growth over the forecast period.

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Global Transcatheter Heart Valve Replacement Industry Structure Analysis:The report provides detailed information about market the concentration of key players and tier analysis in the Transcatheter Heart Valve Replacement (THVR) market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Transcatheter Heart Valve Replacement (THVR) Category & Segment Level Analysis:FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,Global Transcatheter Heart Valve Replacement Industry Trend Analysis:FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players in identifying potential trends to formulate a strategy to take advantage of these existing trends.

Global Transcatheter Heart Valve Replacement Industry Key Companies Profiled:

Abbott
Edwards Lifesciences Corporation
Medtronic
Boston Scientific Corporation
JenaValve Technology, Inc
Meril Life Sciences
Sahajanand Medical Technologies Limited
MicroPort Scientific Corporation
Venus Medtech (Hangzhou) Inc.
Suzhou Jiecheng Medical Technology Co. Ltd.
Peijia Medical Limited.
Blue Sail Medical Co., Ltd.

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Key Market Segments Covered in the Global Transcatheter Heart Valve Replacement Industry Research

Product:

Self – Expandable Transcatheter Aortic Valves
Balloon-Expandable Transcatheter Aortic Valves
Mechanically Expanded Transcatheter Aortic Valves

Indication:

Severe Aortic Valve Stenosis
Valve-in-Valve Procedures (Failed Bioprosthesis)
Aortic Regurgitation

End User:

Hospitals
Independent Cardiac Catheterization Labs
Ambulatory Surgical Centres

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Protein Crystallization and Crystallography Industry Primed to Surpass US$3.57 Billion, fueled by a Strong 9.6% CAGR Journey Towards 2033 | FMI

The Global Protein Crystallization and Crystallography Industry is gearing up for a ground-breaking journey, poised to achieve remarkable growth milestones in the coming years. Projections indicate a substantial surge, with the market expected to reach an impressive value of US$ 1.54 billion by 2023.

The true testament to the industry’s potential lies in the forecast for 2033, where experts predict an extraordinary leap beyond US$ 3.57 billion. This unprecedented growth trajectory is underpinned by a robust Compound Annual Growth Rate (CAGR) of 9.6%, showcasing the industry’s resilience and responsiveness to evolving market dynamics.

What fuels this remarkable expansion is a combination of technological advancements, dedicated research and development initiatives, and an increasing recognition of the pivotal role that protein crystallization and crystallography solutions play across diverse sectors. These techniques have become indispensable in various scientific endeavors, contributing to advancements in fields such as pharmaceuticals, biochemistry, and material science.

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The other factor that stimulates the growth of the crystallization and crystallography market includes increasing government grants and research and development activities in the biotechnological and pharmaceutical industries which demand the utilization of crystallization and crystallography techniques. Furthermore, the emergence of advanced technologies like X-ray-free electron lasers in the Global Protein Crystallization And Crystallography Industry increases the number of users and drives the market growth.

However, a lack of skilled and knowledgeable personnel to operate this technique will restrain the growth of this market. In addition, the high cost and time-consuming method further restrains the growth of the protein crystallization and crystallography market. Moreover, the protein crystallization method is limited to specific types of protein molecules that will also restrain the growth of the Global Protein Crystallization And Crystallography Industry.

Geographically, North America accounts for the largest market of protein crystallization and crystallography. The presence of a large number of pharmaceutical and biotechnologies companies coupled with increasing research and development activities in North America will help this region to hold a strong position in the market. Europe is considered the second-largest market for protein crystallization and crystallography.

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The growth in Europe is mainly attributed to positive initiatives from the European government coupled with increasing acceptance of protein crystallization and crystallography among people. In addition, Asia-Pacific countries such as India and China are the emerging regions for the Global Protein Crystallization And Crystallography Industry due to increasing investment by pharmaceutical and biotechnology companies in this region.

The major players competing in the Global Protein Crystallization And Crystallography Industry are

Hampton Research, Molecular Dimensions Ltd., PerkinElmer, Inc., GE Healthcare Life Sciences, Danaher Corporation, Bruker Corporation, Agilent Technologies, Inc., Hampton Research, Jena Bioscience, Rigaku Corporation, Formulatrix, Inc., MiTeGen LLC, Bruker Corporation and others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types, and distribution channels.

Key Segments

By Technology:

X-ray Crystallography
NMR Spectroscopy
Cryo-electron Microscopy
Small-angle X-ray Scattering (SAXS)

By Service:

Consumables
Reagents Kits/Screens
Instruments
Software & Services

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By end user:

Pharmaceutical Companies
Research & Government Institutes
Biotechnology Companies

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani