Ammonium Sulphate Market Set for 7.5% Annual Growth: Boosted by Rising Demand for Disinfectants and Fertilizers

The global ammonium sulphate market is poised for substantial growth, projected a robust 7.5% CAGR from 2022 to 2032, culminating in a market valuation of USD 6.18 billion. This upward trajectory is primarily driven by the escalating demand for ammonium sulphate in the agricultural sector, where it is extensively used as a nitrogenous fertilizer. Additionally, the market’s expansion is bolstered by the compound’s emerging applications in the biopharmaceutical industry, as well as its incorporation in the cake and confectionery sector. These diverse applications underscore the versatile nature of ammonium sulphate, significantly contributing to its market growth and highlighting its increasing importance across various industries.

From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 5% and closing at USD 2.79 Billion. The COVID-19 pandemic affected the demand for ammonium sulphate positively as the same is widely used in the production of disinfectants and surface cleaners. In addition, modification of ammonium sulphate for maximizing the use of the same is creating opportunities for the market.

The increasing use of ammonium sulphate in Europe for water retention purposes and for agriculture in Asia Pacific is further contributing to the market growth. Furthermore, the use of ammonium sulphate for wood preservation and soil retention is favoring the growth of the market. In the upcoming years, the dependency on ammonium sulphate is expected to increase by end user industries owing to its multi-purpose use.

Key Takeaways from the Market Study

  • By production process, caprolactam is expected to hold 40% market share for ammonium sulphate in 2022.
  • North America is expected to hold 45% for ammonium sulphate market in 2022.
  • Asia Pacific is expected to possess 40% of market share for global ammonium sulphates market in the assessment period 2022-2032.
  • Europe is expected to procure 35% of market share for ammonium sulphates market in the forecast period 2022-2032.

“The increasing use of ammonium sulphate in end user industries especially in the agricultural sector by different geographical locations is increasing the demand for the same.” says an FMI analyst

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Market Competition

Key players in the ammonium sulphate market are Koninklijke DSM N.V. (Fibrant), JSC KuibyshevAzot, UBE Industries Ltd, Toray Industries Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Corp.), JSC “Grodno Azot”, Grupa Azoty, Domo Chemicals, Gujarat State Fertilizers & Chemicals Ltd, Sumitomo Chemical, Evonik Industries AG

  • In August 2022, JSC “Grodno Azot” announced that it will be partially limiting the production of nitrogen fertilizer due to the increase in prices of natural gas.
  • DOMO Chemicals, a key player in the ammonium sulphate market is focusing on producing the same sustainable and reducing their overall carbon footprint.

Key Segments Profiled in the Ammonium Sulphate Market Industry Survey

Ammonium Sulphate by Production Process:

  • Ammonium Sulphate for Caprolactam
  • Ammonium Sulphate for Coke Oven Gas
  • Ammonium Sulphate for Gypsum
  • Ammonium Sulphate for Neutralization & Others

Ammonium Sulphate by Region:

  • North America
  • Latin America
  • Europe
  • 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: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Sure! How about this – “How to Download Kmspico Safely and Effectively”?

Kmspico descargar

If you’re looking for a free and official tool to activate your Windows operating system, Kmspico is a popular choice. This activator has been widely used due to its effectiveness and ease of use. However, it is crucial to ensure you are downloading the latest version to avoid any potential security risks.

Many users wonder whether Kmspico is safe to use. When obtained from a reliable source, Kmspico can be a dependable solution for activating Windows without encountering issues. Always ensure you download the software from official channels to maintain your system’s security.

Ultimate Guide to Kmspico Download

Kmspico is a popular activator used to activate Windows and Microsoft Office products. To ensure a successful and safe experience, follow this comprehensive guide for the latest Kmspico download.

Why Choose Kmspico?

  • Latest Version: Always opt for the most recent Kmspico version to ensure compatibility with the latest Windows and Office updates.
  • Safe to Use: Kmspico is known for being a safe activator when downloaded from official sources, minimizing risks of malware or other issues.

How to Download Kmspico

  1. Find an Official Source: Search for an official Kmspico website or a trusted tech forum to avoid counterfeit or potentially harmful versions.
  2. Verify the Download: Before running the activator, ensure that the file is scanned for viruses and malware to maintain system security.
  3. Install Kmspico: Follow the installation instructions carefully to activate your Windows or Office product without complications.
  4. Free Activation: Kmspico provides a free method to activate your software, but always make sure to use it responsibly and in accordance with software licensing agreements.

By adhering to these guidelines, you can confidently download and use Kmspico to activate your Windows and Office products while ensuring your system remains safe and up-to-date.

What Is Kmspico Software

KMSPico is a widely used activator software designed to bypass activation requirements for various Microsoft products, including Windows and Office. It is known for its ability to activate these products without the need for an official license key. The software provides a free and convenient solution for users who may not have access to a legitimate activation method.

Official and Safe Versions

While KMSPico is not an official Microsoft product, it is often used by individuals seeking to activate their software. It’s important to ensure that any version of KMSPico downloaded is from a reputable source to avoid potential security risks. Using the latest version is recommended to benefit from any security improvements and bug fixes.

How to Download and Install KMSPico

To download KMSPico, users should seek out trusted websites that offer the latest version of the software. Ensure that the download is from a secure source to avoid malware or other unwanted software. The installation process typically involves running the activator and following on-screen instructions to complete the activation of the desired Windows or Office product.

Aspect Details
Software Type Activator
Supported Products Windows, Office
Cost Free
Safety Varies (Ensure official and safe download)
Latest Version Recommended for security and functionality

Step-by-Step Kmspico Installation

Follow these instructions to safely install Kmspico, the free activator for Windows. Ensure you download the latest version from the official source for the best results.

Downloading Kmspico

  1. Visit the official website: crack office.
  2. Locate the download section and select the latest version of Kmspico.
  3. Click the download button to start the process.

Installing Kmspico

  1. Once downloaded, find the Kmspico installer file in your downloads folder.
  2. Right-click the installer and select “Run as administrator” to start the installation.
  3. Follow the on-screen instructions to complete the installation.
  4. After installation, open Kmspico from the start menu.
  5. Click the red button to activate Windows or Office. The process should only take a few moments.

Ensure that you download and use only the official version of Kmspico to maintain safety and effectiveness.

Benefits of Using Kmspico Tool

Kmspico is a widely used activator for Windows operating systems. One of the latest advantages of using this tool is that it offers a free solution for activating your Windows software. By utilizing Kmspico, users can bypass the need for purchasing official licenses, making it an attractive option for many.

Moreover, Kmspico is considered safe to use when downloaded from reputable sources. The tool is designed to provide a seamless activation experience without compromising system security. As a result, users can enjoy the full functionality of their Windows software without any interruptions.

In summary, Kmspico stands out for its free and safe nature, along with its effectiveness in activating Windows software. For those seeking a reliable activator, Kmspico remains a popular choice.

Risks Associated with Kmspico

Risks Associated with Kmspico

Kmspico is a popular tool used to activate Windows and Microsoft Office products. Despite its widespread use, there are several risks associated with downloading and using this activator.

Security Concerns

  • Malware Risks: The latest versions of Kmspico downloaded from unofficial sources may contain malware, which can compromise your system’s security.
  • System Vulnerabilities: Using unauthorized activators like Kmspico can expose your Windows system to potential security vulnerabilities and reduce its overall safety.

Legal and Ethical Issues

  • Legal Risks: Kmspico is a tool used for bypassing software activation, which may violate software licensing agreements and intellectual property laws.
  • Potential for Unreliable Performance: Since Kmspico is not officially supported, using it can lead to issues with system stability and reliability, impacting your overall user experience.

To avoid these risks, consider using official channels and legitimate methods for obtaining and activating software. While Kmspico might seem like a free solution, the potential dangers and legal implications make it a risky choice.

Alternative Solutions to Kmspico

While Kmspico is a popular tool for activating Windows and Microsoft Office, it is important to consider official and safe alternatives. Using unauthorized tools can pose risks such as malware or data breaches. Here are some recommended alternatives to Kmspico that are both secure and reliable.

1. Official Microsoft Activation

The most reliable way to activate Windows is through the official Microsoft activation process. You can purchase a genuine license from the Microsoft Store or authorized retailers. This method ensures that you receive the latest updates and support while keeping your system safe.

2. Free Activation Tools from Microsoft

Microsoft occasionally offers free versions or trial periods for their software. These official versions allow you to use Windows or Office with full functionality for a limited time. Ensure that you download these versions from the official Microsoft website to avoid security risks.

How to Verify Kmspico Safety

When considering the use of Kmspico as an activator, ensuring its safety is crucial. Here’s how you can verify Kmspico’s safety before downloading:

1. Download from Official Sources

Always download Kmspico from official or reputable sources. Avoid third-party websites that offer free versions, as they may bundle malware or other harmful software with the activator. The official website or trusted forums are the best places to find the latest version of Kmspico safely.

2. Check for Authentic Reviews

Look for reviews and feedback from users who have downloaded Kmspico. Genuine reviews often provide insights into the safety of the activator. Be cautious of overly positive reviews that might be misleading. Cross-check the latest version’s safety on multiple platforms to ensure it’s free from viruses or other security threats.

FAQ

What is Kmspico, and why might someone want to download it?

Kmspico is a popular tool used for activating Microsoft products such as Windows and Office without a genuine license. It’s often sought by users looking for a way to bypass the activation process, either due to cost concerns or other reasons. However, it’s important to note that using Kmspico or similar tools can violate Microsoft’s terms of service and could potentially expose your system to security risks or malware.

Is downloading Kmspico legal?

Downloading and using Kmspico is illegal in most countries because it involves bypassing the software activation process, which infringes on copyright laws. Microsoft’s licensing agreements require users to purchase genuine licenses for their software, and using Kmspico to circumvent these requirements constitutes software piracy. It’s advisable to obtain software through legal means to avoid legal trouble and ensure you’re receiving updates and support.

What risks are associated with downloading Kmspico?

Downloading Kmspico poses several risks, including exposure to malware and viruses. Since Kmspico is often distributed through unofficial channels, the files can be bundled with harmful software that can compromise your system’s security. Additionally, using such tools can lead to unstable software performance and potential data loss. To avoid these risks, it’s better to purchase software through official, authorized sources.

How can I safely activate Windows or Office without Kmspico?

The safest way to activate Windows or Office is to purchase a genuine license from Microsoft or an authorized retailer. Microsoft often provides legitimate options for obtaining software at discounted rates for students, educational institutions, or through special promotions. Additionally, you can check if your employer or educational institution offers free or discounted licenses. Always opt for legitimate activation methods to ensure software integrity and support.

Are there any legitimate alternatives to Kmspico for activating Microsoft products?

Yes, there are legitimate alternatives to Kmspico for activating Microsoft products. One option is to purchase a valid license directly from Microsoft or authorized resellers. Another alternative is to take advantage of volume licensing programs if you’re part of an organization. For educational institutions and students, Microsoft often offers discounted or free versions of their software. These methods ensure compliance with licensing agreements and provide access to updates and support.

Corrosion Protective Coating and Acid Proof Lining Market to Reach USD 83,434.92 million by 2033 Driven by Rising Demand for Industrial Durability

By 2033, the corrosion protective coatings and acid proof lining demand is anticipated to attain a sum of USD 83,434.92 million. The global corrosion protective coating and acid proof lining market size is poised to reach USD 47,928.96 million by 2023. The corrosion protective coatings and acid proof lining sales are expected to witness a steady CAGR of 5.7% between 2023 and 2033.

Due to rising industrial activity and the need for robust and long-lasting protection options, the corrosion protective coating market has been advancing significantly. Many factors spur the corrosion protective coating and acid proof lining market, including infrastructure construction and the demand for efficient maintenance and protection solutions in sectors like chemical processing and water treatment.

Market Trends in Corrosion Protective Coating and Acid-Proof Lining Market

Solutions

  • Developing eco-friendly and sustainable coatings and linings is one of the ongoing corrosion protective coating and acid proof lining market
  • The corrosion protective coating and acid proof lining manufacturers are concentrating on creating products that are low in VOC content and do not harm the environment in response to growing environmental concerns.
  • Another trend is adopting innovative corrosion protective coating technologies, which offer exceptional resistance against solid chemicals and extreme temperatures. As nanotechnology improves the performance and durability of corrosion protective coating and acid proof lining, it garners traction in the coating formulations.

Key Takeaways 

  • The polymer coating segment in the product type category will grab a share of 66.5% from 2023 to 2033.
  • In the technology category, the waterborne segment will acquire a market share of 45.8% between 2023 and 2033.
  • The Canada corrosion protective coating market is anticipated to accelerate at a CAGR of 6.7% from 2023 to 2033.
  • The United States corrosion protective coating and acid proof lining sales is anticipated to surge at a CAGR of 7.3% by 2023.
  • The corrosion protective coating and acid proof lining demand in the United Kingdom is to witness a growth of 6.8% from 2023 to 2033.
  • The France corrosion protective coating and acid proof lining market is expected to develop a CAGR of 6.5% between 2023 and 2033.
  • The Italy corrosion protective coating market is expected to continue to spur at a CAGR of 4.6% through 2023.
  • The Spain acid proof lining market expects to evolve from 2023 to 2033 at a CAGR of 6.2%.
  • The Germany corrosion protective coating market forecasts a CAGR of 6.6% through 2023.
  • India acid proof lining market is anticipated to rise at a CAGR of 8.0% by 2023.
  • China corrosion protective coating and acid proof lining sales are expected to climb at a CAGR of 7.5% until 2033.
  • Japan’s market may exhibit a CAGR of 3.0% by 2023.
  • ASEAN corrosion protective coating and acid proof lining sales to record a CAGR of 7.2% between 2023 and 2033.
  • Australia and New Zealand (ANZ) corrosion protective coating market to register a CAGR of 5.9% through 2023.

“The corrosion protective coatings and acid proof lining sales continue to expand progressively, driven by augmenting industrialization and the need to safeguard infrastructure. Technological advancements boost the performance and durability of the products, while stringent environmental regulations push for sustainable and eco-friendly solutions. The corrosion protective coatings and acid proof lining demand indicates optimistic opportunities for constant expansion.”  Says FMI Analyst.

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Competitive Landscape

Several competitors are active in the fiercely competitive corrosion protective coating and acid proof lining market. The corrosion protective coating and acid proof lining manufacturers cater to numerous industries, including oil and gas, automotive, marine, construction, and power generation, by providing a broad range of corrosion protection products and solutions.

To achieve sustainability, prominent corrosion protective coating and acid proof lining providers are concentrating on research and development efforts to deliver advanced and environmentally friendly products.

Corrosion Protective Coating and Acid Proof Lining Manufacturers

  • BASF Coatings GmbH
  • PPG Industries Inc.
  • Sherwin-Williams
  • Ashland Inc.
  • Axalta Coatings Ltd.
  • Hempel A/S
  • International Paint Limited
  • Jotun A/S

Key Segments

By End Use:

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

By Product Type:

  • Corrosion Protective Coating
  • Polymer Coatings
  • Rubber Lining Systems
  • Acid Proof Lining
  • Ceramic and Carbon Brick Lining
  • Tile Lining
  • Thermoplastics Lining

By Technology:

  • Solvent-Borne
  • Waterborne
  • Powder-Based

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • 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: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Surge in Demand for Eco-Friendly Hot Melt Adhesives: Market to Expand to USD 12,675.7 Million by 2032, Fueled by Sustainability Trends

The global hot melt adhesives market demand is anticipated to create a lucrative growth opportunity in the global landscape by registering a CAGR of 5.3%, from 2022 to 2032. The market is expected to reach a valuation of USD 7,562.9 Million by the end of 2022 and is predicted to reach USD 12,675.7 Million by 2032.

Over the historical period, the global hot melt adhesives market witnessed a CAGR of 4.8% between 2014 to 2021. The manufacturing activities have been reduced and significant reduction has been witnessed in the product capacities, part-time shifts, as well as introduction of automated production machinery, let manufacturers improve their market positions. These aforementioned factors are expected to drive the hot melt adhesives market during the forecast period.

Several regulatory bodies including the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) and the Environmental Protection Agency (EPA) are expected to take more steps in order to limit the use of solvent-based adhesives which helps in reducing their negative impacts on the environment. These factors are likely to drive the global hot melt adhesives market in the upcoming decade. As per FMI, the market is estimated to exhibit a CAGR of 5.3% from 2022-2032.

Key Takeaways

  • Renewable resources-based hot-melt adhesives comprise several benefits due to which they are rapidly being replaced by petroleum-based. Renewable resources-based hot-melt adhesives are inexpensive and have properties that match or exceed those of polymer-based adhesives. Prominent companies in the market are partnering with local firms in order to meet the growing demand for bio-based adhesives.
  • About two-thirds (60%) of renewable plant-based raw materials composition is extracted from plants. Key leading players are focusing on developing bio-based hot melt adhesives to meet the growing consumer demand and keep up with regulatory compliance. Commencing with the consumer packaging applications including end-of-line and labeling, bio-based hot melt adhesives are expected to gain traction.
  • The trend of do-it-yourself (DIY) is gaining momentum in both developed and developing countries. There are a variety of materials and surfaces that can be effectively glued by hot melt adhesive glue such as ceramics, fabrics, paper, cardboard, metals, and plastics, thereby making it ideal for DIY applications and DIY projects.
  • DIY being a relatively new term has gained traction across various developed countries such as North America and Europe. Owing to the easy availability of hot melt adhesive pens across these regions would aid growth. In addition to that, in the U.S. and Europe, the cost of labor is higher resulting in higher installation costs. Attributed to this, DIY methods for regular repairs and maintenance are popular in developed countries.
  • Hot melt systems are the most cost-effective on the basis of space and personnel requirements. As a result, it is not needed to operate large-scale drying and curing furnaces and pollution control equipment at a high cost. Like solvent-based systems, hot melt adhesives eliminate the need for solvent recovery and incinerators.
  • Solvent-free, bio-based melt adhesives are surging in the market from manufacturers of packaging solutions, disposable sanitary products, furniture & woodwork, automotive & transportation, and footwear are projected to drive the hot melt adhesives market.

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Competitive Landscape

In order to elevate their annual turnover and fortify their market positions worldwide, leading manufacturers in the market are purchasing small-scale market players. To efficiently meet the rising demand and thrive in the highly competitive market, key participants are also concentrating on mergers and expansion activities.

  • Arkema
  • Avery Dennison Corporation
  • Beardow & Adams (Adhesives) Ltd.
  • DOW Inc.
  • HB Fuller Company
  • Henkel AG & Co. KGaA
  • Jowat Se
  • Sika AG
  • Tex Year Industries Inc.
  • Adhesive Direct UK
  • Adtek Malaysia SDN BHD

Hot Melt Adhesives Market Outlook by Category

By Polymer Base:

  • Ethylene Vinyl Acetate
  • Polyolefin
  • Polyamide
  • Styrenic Block Copolymers
  • Polyurethane (PU)
  • Others

By End Use:

  • Packaging Solutions
  • Disposable Hygiene Products
  • Furniture & Woodwork
  • Automotive & Transportation
  • Footwear
  • Textile
  • Electronics
  • Bookbinding
  • Others

By Region:

  • North America
  • Latin America
  • 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: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Rising Fire Incidents Drive Demand for Non-Halogenated Flame Retardants Amidst Stringent Regulations

The global non-halogenated flame retardants market size is poised for significant growth, with an anticipated robust CAGR of 6.2% over the forecast period from 2022 to 2032. The market size, valued at around USD 3,787.1 million in 2022, is projected to reach approximately USD 6,911.1 million by the end of 2032.

Historically, from 2015 to 2021, the global demand for non-halogenated flame retardants grew at an impressive CAGR of 6.5%. By 2032, consumption is expected to surge, reaching a total market value of USD 6,911.1 million. Non-halogenated flame retardants are compounds integrated into manufacturing materials to suppress flames. Additionally, the plastic components of vehicles require strong flame retardant properties to mitigate fire hazards, primarily caused by vehicle heat generation.

Growth in the construction industry and surging urbanization are expected to bolster growth in the global non-halogenated flame retardants market. In addition to that, the surging use of plastics in the automotive & transportation, electrical equipment, and consumer electronics industries is expected to drive the non-halogenated flame retardants market.

Key Takeaways

  • On the global level, the electrical and electronics business is expected to bolster due to the rising demand for end users. On the basis of the electrical and electronics sector, plastics are widely applied to printed circuit boards, electronic housing & components, wire & cable, switches, and connections.
  • These days, flame retardants are considered to be essential components in their manufacturing, that protect such items from fire caused by resistive heating or joule heating. Electronic garbage and other hazardous products associated with it have extracted more attention during the last decade.
  • Surging investments in the electronics sector, particularly in India and East Asian regions are anticipated to augment growth in the non-halogenated flame retardants market. The electronics industry is immensely gaining traction all over the world since several companies in the field of flame retardants are targeting this sector owing to significant opportunities.
  • Government rules rotating around vehicle emission management, combined with favorable features of modern plastics are expected to drive original equipment manufacturers (OEMs) to utilize plastic materials in the production of automotive parts.
  • In the past few years, utilization of plastic components in the automotive industry has surged attributing to the use of plastic components in the automobile industry increased due to the material’s various features such as high durability, corrosion resistance, toughness, design flexibility, and resilience.
  • Widespread awareness about reducing carbon dioxide emissions is expected to surge fuel economy. It has been anticipated that an average car employing plastic composites accounts for around 10% to 15% of the car’s overall weight. Since plastics are considered lighter than their metal equivalents, they tend to increase fuel efficiency impeccably.
  • As per FMI projections, a 10% decrease in vehicle weight saves 5-7% on gasoline. Therefore, there is a possibility to cut carbon dioxide emissions by 20 kg for every kilogram of vehicle weight reduction.

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Competitive Landscape

Prominent players in the non-halogenated flame retardants market are concentrating on the widespread expansion of their production capacities owing to significantly rising demand for the product in medical applications and tire production. In addition to that, to improve their global presence, dominant market players are investing in acquisitions and collaboration activities to expand their market presence and consumer base, as well as strengthen their distribution networks.

Key Companies Profiled

  • Clariant International Limited
  • Albemarle Corporation
  • Israel Chemical Limited
  • Italmatch Chemicals S.p.A
  • Chemtura Corporation
  • Nabaltec AG
  • FRX polymer Inc.
  • Huber Engineered Materials
  • Amfine Chemical Corporation
  • THOR Group Limited

More Insights into the Non-Halogenated Flame Retardants Market

The U.S. is anticipated to remain the dominant country over the projection period as it accounts for around US$ 6,911.1 Million by the end of the forecast period and exhibits growth at a CAGR of 6.2% during the assessment period.

CaliforniaHawaiiIllinoisMaineMarylandMassachusettsMichiganMinnesotaNew YorkOregonRhode IslandSan Francisco (California), VermontWashington, and Washington, D.C. are just a few of the states in the U.S. that have put strict regulations in place to control the use of flame retardants in consumer products.

China is the second largest consumer and producer of synthetic rubber. The China non-halogenated flame retardants market is estimated to grow at a robust CAGR of 7.3% between 2022 and 2032. Growth in the Chinese market is driven by rapid advances in the Chinese healthcare industry over the projection period.

Non-Halogenated Flame Retardants Market Outlook By Category

By Product Type:

  • Metal Oxide Based
  • Phosphorous Based
  • Nitrogen Based
  • Others

By End-Use Industry:

  • Electrical and Electronics
  • Construction
  • Automotive & Transportation
  • Others

By Application:

  • PO
  • Epoxy
  • UPE
  • Rubber
  • PVC
  • PU
  • Styrenics
  • ETP
  • Others

By Region:

  • North America
  • Latin America
  • 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: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Key Trends Driving the Antimicrobial Additives Market: High Demand for Inorganic Additives and Increasing Investments in Production Facilities

From 2023 to 2033, the global antimicrobial additives market demand is set to experience robust growth, with sales projected to increase at a compound annual growth rate (CAGR) of 8.0%. This significant expansion is expected to culminate in a market size of approximately USD 20,809.5 million by the end of the forecast period. The rising demand for antimicrobial additives can be attributed to their widespread application across various industries, including healthcare, packaging, and construction, where they play a crucial role in inhibiting the growth of harmful microorganisms and enhancing product longevity.

Increasing consumption of antimicrobial additives in food and beverage sector is a key factor driving the global market. Subsequently, rising adoption of antimicrobial-protected products for reducing the risk of infections and improving safety will boost the market.

Antimicrobial additives have become essential solutions for inhibiting growth of microbes. They extend the shelf life of products and reduce the risk of disease spread. As a result, they are being increasingly used in consumer products such as clothing, packed food items, etc.

Growing usage across sectors such as healthcare, food & beverages, automotive, electronics, etc. is expected to fuel antimicrobial demand during the assessment period.

Antimicrobial additives find application in the healthcare sector to create a sterile environment in hospitals. They are used in numerous medical products including ventilators, examination tables, and hospital beds to reduce the spread of infections.

Rising demand for medical devices containing antimicrobial substances will bolster sales in the global market through 2033.

Regionally, North America remains the leading consumer of antimicrobial additives owing to the high demand for safe consumer items and rising awareness & consumer preference for antimicrobial products.

Prominent manufacturers of antimicrobial additives are focusing on expanding their customer based and footprints by acquired local players and launching new innovative products. They are investing rigorously in research and development to meet the regulatory standards and find newer applications for the same.

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Key Takeaways from the Antimicrobial Additives Market Report:

  • The global market of antimicrobial additives is projected to expand at 0% CAGR between 2023 and 2033.
  • By product type, the inorganic segment is expected to remain a prominent segment accounting for over 60% of the overall market.
  • By application, hygiene chemicals segment is expected to account for around one-fourth of the global antimicrobial additives consumption.
  • The United States antimicrobial additives market is poised to thrive at 4% CAGR through 2033.
  • Antimicrobial additive demand in China is forecast to increase at 6% CAGR from 2023 to 2033.

“The market for antimicrobial additives has the potential for significant growth because there is an increasing demand for products that are capable of self-cleaning and can prevent the spread of harmful microorganisms. This in turn will create a plethora of opportunities for antimicrobial additive manufacturers.”  says a lead analyst at FMI

Competitive Landscape

The global antimicrobial additives market is moderately consolidated with key players holding around 33% to 38% of the market share. BASF SE, Lanxess AG, DuPont de Nemours, Inc., Ecolab, Inc., Solvay S.A., and others are the leading antimicrobial additive manufacturers profiled in the comprehensive version of the report.

Key players are certainly focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. They are also investing significantly in acquisitions to curb their competition. For instance,

  • In 2022, to strengthen its antimicrobial additives portfolio, Polygiene acquired the SteriTouch business of Radical Materials.

Leading Players in the Antimicrobial Additives Market

  • BASF SE
  • Solvay S.A.
  • Ecolab Inc.
  • Lanxess AG
  • Clariant AG
  • Evonik Industries AG
  • Huntsmann Corporation
  • DuPont de Nemours, Inc.
  • Ashland Inc.
  • Aviant Corporation
  • Sanitized AG
  • Croda International Plc.
  • Addmaster Limited
  • Microban International
  • RTP Company
  • Novapura AG
  • Blend Colours Pvt. Ltd.
  • Miliken

More Insights into the Antimicrobial Additives Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global antimicrobial additives industry, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented based on product type, application, and region.

Read Source: https://www.accesswire.com/765931/antimicrobial-additives-market-sales-to-hit-us-208095-million-amid-high-adoption-of-these-in-consumer-products-by-2033-end-data-by-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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Automotive Plastic Market in BRIC Countries to Surge to USD 146,530.26 million by 2034, Driven by Growing Hybrid and Electric Vehicle Adoption

By 2034, the demand for automotive plastic in BRIC countries is anticipated to surpass a valuation of USD 146,530.26 million. The Automotive plastic industry in BRIC countries sales are poised for significant growth, reaching USD 75,188.30 million in 2024. The sales of automotive plastic in BRIC countries are expected to witness a moderate CAGR of 6.9% from 2024 to 2034.

The growing need for lightweight materials in the automotive industry propels the industry’s rise as automotive plastic manufacturers look to minimize emissions and improve fuel efficiency. Rising consumer concern over environmental sustainability is a key trend pushing automakers to use recyclable and environmentally friendly plastics. Increasing emphasis on interior aesthetics and developments in polymer technology is anticipated to accelerate the industry growth of automotive plastic in BRIC countries.

The high cost of automotive plastics compared to metals like aluminum impeded industry expansion. The industry expansion of automotive plastic in BRIC countries is hindered by a lack of the infrastructure and technologies needed to re-engineer plastic. Growing consumer knowledge of the negative effects of plastic consumption is creating a barrier to automotive plastic sector expansion in BRIC countries.

Regional Outlook

Utilizing cutting-edge manufacturing techniques, China leads the automotive plastics business. The country produces affordable and high-quality plastic components for domestic and foreign consumers. As China’s middle-class population continues to grow and urbanization accelerates, there is a corresponding rise in the need for automobiles. This surge in automotive demand, in turn, fuels the demand for automotive plastics. Within this landscape, lightweight materials play a critical role in improving efficiency and extending battery life.

Increased investments in lightweight and recyclable plastic components are a result of India’s growing demand for electric vehicles. This encourages the country’s automotive plastic industry. To be more environmentally conscious, Indian automakers are incorporating biodegradable plastics into the interiors of their cars.

Government programs aimed at encouraging domestic manufacturing and reducing reliance on imports impact the Russian automotive plastic industry. Brazil, with its thriving automotive industry, is seeing an increase in the adoption of lightweight plastics to cut emissions and improve fuel efficiency.

“The growing need for lightweight and fuel-efficient automobiles is expected to propel the BRIC automotive plastic industry toward sustainable expansion. There is an increase in adoption of automotive plastic in BRIC countries due to advancements in material science as well as strict safety and emissions standards, which present lucrative opportunities.” – comments an analyst at FMI.

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Key Takeaways 

  • The interior component segment in the application category is expected to garner a share of 63.6% in 2024.
  • In the material type category, the polypropylene segment is projected to acquire an industry share of 20.3% in 2024.
  • China’s sales of automotive plastic are expected to surge at a CAGR of 8% through 2034.
  • Russia’s car plastic industry is envisioned to develop at a CAGR of 5.6% from 2024 to 2034.
  • Brazil’s automotive plastic industry is anticipated to evolve at a CAGR of 6.2% through 2034.
  • India’s car plastic industry is anticipated to boost at a CAGR of 6.1% between 2024 and 2034.

Competitive Landscape

Leading BRIC automotive plastic producers are making huge investments in growth plans. Key automotive plastic manufacturers in BRIC countries are focusing on increasing their production capacity and opening new manufacturing units to improve their share and better fulfill the increasing demand for automotive plastics in BRIC countries. Many value chain-connected automotive plastic providers are increasing their research and development capabilities to develop new production technologies.

Latest Developments

  • In March 2023, Zhejiang REEF Technology and BASF SE teamed up to develop cutting-edge recyclate formulations for the consumer, packaging, and automotive industries. For recycled polymer formulations that are going to be tested at BASF’s facilities, the company offers IrgaCycle solutions and technical support.
  • HDT Automotive Solutions LLC acquired Veritas AG in June 2021. With this agreement, HDT now offers more innovative materials science and bonding knowledge for metal, plastic, and rubber bonding equipment in various automotive applications.
  • Shanghai, China, has a new research and development facility that BASF SE established in March 2019. The center houses a dedicated Automobile Application Center for research and development focused on the automotive industry.

Key Companies Profiled

  • BASF SE
  • Bayer AG
  • Braskem
  • Dow Chemical Co.
  • Faurecia Pvt. Ltd.
  • Johnson Controls, Inc.
  • Lear Corporation
  • Magna International Inc.
  • Reliance Industries Limited
  • Visteon Corporation

Key Segmentations

By Material Type:

  • Polypropylene (PP)
  • Polyurethane (PUR)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polystyrene (PS)
  • Polycarbonate (PC)
  • Polyamide (PA)
  • Acrylic (PMMA etc.)
  • Plastic Composites
  • Others

By Application:

  • Interior Components
  • Exterior Components and Frame

By End Use:

  • Conventional Vehicles
  • Electric Vehicles

By Country:

  • Brazil
  • Russia
  • India
  • China

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.

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T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Thermal Insulation Material Market to Surge to USD 122 billion by 2033, Driven by Sustainability and Energy Efficiency Trends

The thermal insulation material market size is expected to reach USD 70.74 billion by 2023, rising to USD 122 billion by 2033, and grow at a 5.6% CAGR. The best way to reduce energy consumption is to insulate all partitions of a building effectively. Polyurethane foam, mineral wool, and polystyrene foam are the most common thermal insulation materials used in buildings, which provide both acoustic and thermal insulation.

The market offers other products with similar physical and chemical characteristics. This parameter indicates the thermal conductivity of a thermal insulation material market growth (lambda). Coefficients of thermal conductivity indicate how well a material will perform as a thermal insulator, thus demonstrating its energy efficiency.

According to researchers, a new non-toxic insulation material has been developed, which helps reduce noise and thermal transfer in building construction. Using this material takes less of an environmental toll since it is derived from a natural substance. An insulwood material produced by University of Maryland engineers can be used to insulate structures such as walls and roofs. In addition to being highly porous and scalable, it is also cost-effective. insulwood, however, is made from lignin and hemicellulose found in wood, rather than toxic or petroleum-based materials that are typically found in current insulation.

Buildings can be made more energy-efficient and noise-proof by using environmentally friendly insulation materials that are not harmful to residents or the environment. Humans are being provided with a comfortable living environment by manufacturers using this renewable, eco-friendly material for thermal and acoustic insulation. An eco-friendly alternative insulation has been developed by ORNL scientists without chemicals that are harmful to the environment. In order to make the thermoplastic foam, hollow glass spheres are mixed with expandable polymer microspheres.

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Key Takeaways:

  • Investing more in urbanization projects to excel in the market and a relatively active construction industry to grow demand for thermal insulation material.
  • Consumer awareness about energy consumption and the growing demand for reducing the cost of energy should drive the market.
  • Regulations and initiatives to increase energy efficiency and sustainability in the government to grow the market.
  • Increasing energy efficiency in buildings and innovation in smart technologies will drive the market for thermal insulation.
  • India’s government is heavily investing in the construction industry, driving market growth for thermal insulation products.

“With the growing demand for construction applications, suppliers of thermal insulation material will see their growth thrive. The development of new technologies and advancements in materials will lead to an increase in demand for thermal insulation material in the coming years.”– says FMI analyst.

Competitive Landscape:

Strategic partnerships are being formed between technology firms and thermal insulation material manufacturers. Organizations are looking to expand their product lines, technology capabilities, and marketing presence to gain a greater share of the market. Innovative products could be developed by combining strengths across companies.

Several companies improve their products through research and development. Gaining a competitive advantage can also be achieved through the launch of new products.

Market Key Players:

  • Asahi Kasei Corporation
  • BASF SE
  • I. du Pont de Nemours and Company
  • Rockwool International A/S
  • Berkshire Hathway (Johns Manville)
  • Bayer AG
  • Owens Corning
  • Dow Chemicals Company
  • Kingspan Group PLC
  • Saint Gobain S.A.

Market Developments Include:

In February 2023, Dalsan and Saint-Gobain received approval from the Turkish competition authorities for the merger of their plasterboard and plaster products businesses.

In March 2023, Japan-based Thermalytica developed a super insulation material that improves liquid hydrogen storage and transportation efficiency. Due to its high porosity and liquid-like fluidity, this patented material provides superior thermal insulation, heat shielding, and liquid-like fluidity. It can be used for liquid hydrogen logistics, thermal runaway mitigation in EV batteries, and home window insulation, among other uses. By April 2024, Japan will begin pilot production of the technology.

Key Segmentations

Material Type:

  • Stone Wool
  • Fiber Glass
  • Plastic Foam
  • Others

Temperature Range:

  • -160°C to -50°C
  • -49°C to 0°C
  • 1°C to 100°C
  • 101°C to 650°C

Region:

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

Old Source: https://www.fmiblog.com/2024/04/15/thermal-insulation-material-market-overview/

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Industrial Motors Market to Reach US$ 917.3 Million by 2032, Projected to Grow at a CAGR of 3.5%

The global industrial motors market size is set to experience steady growth over the next several years, according to a new report by Future Market Insights. The report projects a compound annual growth rate (CAGR) of 3.5% from 2022 to 2032, driven by increased demand for industrial automation and the growing need for energy-efficient motors.

The industrial motors market is experiencing significant growth, driven by the rapid industrialization and automation trends across various sectors such as manufacturing, energy, and transportation. Industrial motors are crucial components in powering machinery and equipment, making them indispensable in modern production processes. The market is characterized by a shift towards energy-efficient motors, such as IE3 and IE4, which comply with stringent environmental regulations and help reduce operational costs. Additionally, the rise of Industry 4.0 is pushing for smart and connected motors that enhance productivity through predictive maintenance and real-time monitoring.

Demand Dynamics: The demand for industrial motors is bolstered by the expansion of infrastructure projects, particularly in emerging economies where urbanization is accelerating. Sectors such as oil & gas, mining, and water treatment are also driving demand due to their reliance on robust and reliable motor systems. Furthermore, the increasing focus on renewable energy sources is creating new opportunities for specialized motors in wind turbines and solar power installations. As industries continue to prioritize efficiency and sustainability, the adoption of advanced motor technologies is expected to rise, solidifying the market’s growth trajectory.

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Key Points of the Industrial Motors Market

  Global Market Valuation: The industrial motors market was valued at US$ 653.0 million in 2022, highlighting its significant economic impact.

  Steady Growth Forecast: The demand for industrial motors is expected to grow at a steady CAGR of 3.5% from 2022 to 2032.

  India’s Robust Expansion: In India, the market is poised for rapid growth, with a projected CAGR of 5.4% over the next decade.

  China’s Market Momentum: China’s industrial motors market by volume is set to expand at a strong CAGR of 4.1% from 2022 to 2032.

  Dominant Market Players: Leading companies like ABB Group, Siemens AG, and Hyundai Electric Co. Ltd. control 70% to 80% of the global industrial motors market.

  Future Market Outlook: With consistent growth across key regions, the global industrial motors market is positioned for long-term development and innovation.

“The market for industrial motors is predicted to expand rapidly due to increasing demand for innovative and energy efficient products across industries. Rising automation and digitalization in a variety of end use sectors are driving demand. Industry participants are investing in strategic alliances, expansions, and cost effective solutions to obtain a competitive advantage.” Says an FMI analyst.

Who is Winning?

Some of the key players in the industrial motors market identified by the report include ABB Ltd., Siemens AG, Nidec Corporation, WEG SA, and General Electric Company. These companies are focusing on research and development activities to develop advanced and energy-efficient motors to cater to the growing demand from various industries.

Overall, the report suggests that the industrial motors market is set to experience steady growth over the next several years, driven by increasing demand for automation and energy-efficient solutions in various industries. The Asia-Pacific region is expected to see the highest growth rate during this period, due to the expanding manufacturing sector and increasing infrastructure investments.

Top 10 Key Players in the Industrial Motors Market

  • General Electric Rotronic AG
  • Hitachi Ltd.
  • Nidec Corporation
  • WEG SA
  • Siemens AG
  • ABB Ltd.
  • Regal Rexnord Corporation
  • Toshiba Corporation
  • Hyosung Corporation
  • Bonfiglioli Riduttori S.p.A.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global industrial motors market, presenting historical demand data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.

The study divulges compelling insights on the industrial motors market based on product type (AC Motors, DC Motors), power output (1 to 5 MW, 5 to 10 MW, 10 to 15 MW, 15 to 20 MW, 20 to 25 MW), and end use (oil & gas, energy, mining, cement, metal and steel, pulp and paper, chemical, water and wastewater, marine) across seven key regions.

Global Industrial Motors Market by Category

By Power Output:

  • 1 to 5 MW
  • 5 to 10 MW
  • 10 to 15 MW
  • 15 to 20 MW
  • 20 to 25 MW

By Product Type:

  • AC Motors
    • Induction Motor
    • Synchronous Motor
  • DC Motors
    • Brushed DC
    • Brushless DC

By End Use:

  • Oil & Gas
  • Energy
  • Mining
  • Cement
  • Metal and Steel
  • Pulp and Paper
  • Chemical
  • Water and Wastewater
  • Marine

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • 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 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: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Screw Conveyor Market Poised for Robust Growth: Projected to Surpass US$ 1.4 Billion by 2032 with a 4.8% CAGR

According to Future Market Insights, global screw conveyor sales are expected to reach around US$ 884.2 million in 2022. Over the forecast period 2022 to 2032, the overall market size is expected to grow at a 4.8% CAGR, surpassing US$ 1,416.3 million by the end of 2032.

The increasing use of screw conveyors in various industries such as food and beverage, pharmaceutical, and mining and metallurgy is driving growth in the global screw conveyor market. Screw conveyors are pieces of equipment that are used to transport or move bulk materials from one stage of a process to another. Adoption of these machines has significantly increased overall productivity in industries. As a result, they are increasingly being used in a variety of industries.

Screw conveyors are commonly used to mix raw materials and transport material from one workstation to another in food and beverage processing plants. To ensure the safe movement of raw ingredients during the manufacturing process, food and beverage industries that use a high proportion of powdered ingredients require an automated conveying system.

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Screw conveyors are commonly employed by firms involved in the processing of food powders, raw materials, ready-to-eat foods, beverages, and dairy products. Hence, rising demand for these products will eventually elevate screw conveyor demand over the forecast period.

Similarly, increasing mining and agricultural activities, rapid growth of pharmaceutical industry, and rising export of conveying systems are expected to boost the global screw conveyor industry duirng the projection period.

Screw conveyors are widely used in the powder and raw ingredient processing industries, and the pharmaceutical industry frequently demands excipients (medicated powder formulations) for capsule or tablet formulations. Thus, expansion of pharmaceutical sector will create lucrative opportunities for screw conveyor manufacturers over the projection period.

Key Takeaways from Screw Conveyor Market Study

  • During the forecast period (2022 to 2032), the screw conveyor market will expand at a CAGR of 4.8%.
  • By product type, horizontal screw conveyor is estimated to account for over 44% share of the global market in 2022.
  • Based on end use, the food and beverages segment will dominate the market, creating an incremental opportunity of about US$ 103.8 Mn between 2022 and 2032.
  • Amid high penetration of automation, North America’s screw conveyor market is expected to expand at a CAGR of 4.5% during the assessment period.
  • Screw conveyor demand in China is poised to increase at a CAGR of 5.2% from 2022 to 2032.
  • Germany is anticipated to hold around 35% of market value share in Europe market over the forecast period.

“The ever-expanding end-use industries such as agriculture, mining, and so on, both in developed and emerging nations, are expected to drive the expansion of the screw conveyors market over the forecast period. Besides this, the growing usage of automated production lines across various sectors will fuel screw conveyor sales,” says a lead FMI analyst.

Who is winning?

The Screw Conveyor market is highly fragmented with the global player acquiring around 10% to 15% of the market share. Key players in this industry include Martin Sprocket & Gear, Inc., BEUMER Group GmbH & Co. KG, Flexicon Corporation, Screw Conveyor Corporation, Vecoplan AG, Conveyors, Inc., KWS Manufacturing Company Ltd., VAC-U-MAX and Others.

Find More Valuable Insights

The research report analyzes the demand for Screw Conveyors. The global Screw Conveyor market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. The market has been analyzed based on product type, rotation capacity, end use, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both supply-side and demand factors.

About Future Market Insights – Industrial Automation

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Global Screw Conveyor Industry by Category

By Product Type:

  • Horizontal Screw Conveyor
  • Inclined Screw Conveyor
  • Vertical Screw Conveyor
  • Shafted Screw Conveyor
  • Shaft-less Screw Conveyor

By Rotation Capacity:

  • Less than 45 RPM
  • 45-105 RPM
  • 105-165 RPM
  • Greater than 165 RPM

By End Use:

  • Mining and Metallurgy
  • Agriculture
  • Food and Beverage
  • Chemical
  • Pharmaceutical
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • 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 is 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: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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