Basic Methacrylate Copolymer Market Notable Developments & Geographical Outlook

Methacrylic acid is a type of organic compound which has versatile application area. Basic methacrylate copolymer is copolymer type with methacrylic acid as one of the monomer. Primarily basic methacrylate copolymer is widely used as an excipient in the pharmaceutical industry. Other than pharmaceutical applications basic methacrylate copolymer finds usage as glazing agents to the solid food products/supplements. The basic methacrylate copolymer is increasingly used in coating the solid foods as it provides improved moisture protection and masks the taste.

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In cosmetic and personal care industries the basic methacrylate copolymer finds usage as the thickener for enhancing the performance of skin and hair care formulations. Some of the widely used basic methacrylate copolymers are butylated methacrylate copolymer and ethylene methyl methacrylate copolymers.

Global Basic Methacrylate Copolymer Market: Drivers and Restraints

The global basic methacrylate copolymer market is primarily driven by the growth and expansion of pharmaceutical industries. The basic methacrylate copolymer plays an important role in the drugs products formulations, where the demand for property modification in a particular application has to be addressed. The increasing demand of excipient also drives the global basic methacrylate copolymer market. Further, the basic methacrylate copolymer market is driven by the demand for solid food supplements for infants.

The surge in demand, for speciality copolymers is expected to propel the global basic methacrylate copolymer market during the forecast period. Also, the approval on use by authorities such as European Food Safety Authorities (EFSA), FDA and other independent authorities also impetuses the global basic methacrylate copolymer market.

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Global Basic Methacrylate Copolymer Market:  Key Players

Some of the prominent players identified in the global basic methacrylate copolymer market include:

  • The Dow Chemical Company
  • E. I. du Pont de Nemours and Company
  • Corel Pharma Chem.
  • Akzo Nobel N.V.
  • BASF SE
  • Croda Inc.
  • Evonik Industries
  • Network Polymers, Inc.
  • Sigma-Aldrich Co. LLC.
  • Vikram Thermo (India) Limited

The regional analysis includes:

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

Global Basic Methacrylate Copolymer Market:  Segmentation

On the basis of type, basic methacrylate copolymer market can be segmented as follows:-

  • Ammonium methacrylate copolymer
  • Butylated methacrylate copolymer
  • Amino methacrylate copolymer
  • Ethylene methyl methacrylate copolymer
  • Others

On the basis of end-use industry, basic methacrylate copolymer market can be segmented as follows:-

  • Pharmaceutical
  • Personal Care
  • Cosmetic

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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Sodium Tripolyphosphate Market Key Players, End User, Demand and Consumption by 2030

Sodium tripolyphosphate is a white coloured inorganic compound with easy water solubility. It is also called as pentasodium salt or pentasodium triphosphate, is one of the important ingredient in manufacture of detergents. Sodium tripolyphosphate is widely used in food preservation, as it is alkaline in nature which increases the pH of the seafood or meats. Other than food preserver, it also acts as emulsifier, stabiliser, buffer, dispersant and sequestrant in food processing.

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Sodium tripolyphosphate is used, in soap and detergent industries, ceramic & clay products manufacturing units, water treatment plants, and paper & pulp industry. The sodium tripolyphosphate is produced in technical grades namely hydrate and anhydrous where the major difference is the amount of phosphorous pentoxide. The global sodium tripolyphosphate manufacturers are experiencing high demand, since this ingredient finds usage many end-use industry.

Global Sodium Tripolyphosphate Market: Drivers and Restraints

The healthy growth of the end use industries, is one of the key driving factors for the global sodium tripolyphosphate market. Being a raw material for end use industry, the expansion of these industry extents the demand for sodium tripolyphosphate. For instance, the poultry farms need their meats to look fresh with good texture and also require a chemical to slow down the spoilage.

Furthermore, the increase in the per capita consumption of poultry products by consumers, drives the global sodium tripolyphosphate market. The growing opportunity in the home and personal care industry aids in driving the global sodium tripolyphosphate market. For instance, the increasing use personal care products such as soaps, detergents etc. with companies introducing diverse product portfolio are evident.

Global Sodium Tripolyphosphate Market:  Region wise Outlook

The global sodium tripolyphosphate market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). APEJ holds major share in the global sodium tripolyphosphate market owing factors such as, the expansion of end-use industries, rise in the consumer spending and strong growth of poultry farms.

The sodium tripolyphosphate market in North America and Western Europe is also expected to grow at moderate CAGR during the forecast period wherein growth of home & personal care industry boosts the global sodium tripolyphosphate market. In Japan, the presence of an established player such as Sumitomo Chemical Co., Ltd. strengthens the growth of sodium tripolyphosphate market.

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Global Sodium Tripolyphosphat Market:  Key Players

Some of the key players identified in the global sodium tripolyphosphate market include:

  • Tata Chemicals Limited
  • Sigma-Aldrich Co. LLC.
  • Sumitomo Chemical Co., Ltd.
  • Aditya Birla Chemicals
  • PRAYON Inc.
  • Tri-Chem Industries
  • Société Chimique ALKIMIA
  • ICL Performance Products
  • Shifang Sundia Chemical Industry Ltd. Company
  • The Mosaic Company

The regional analysis includes:

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

Global Sodium Tripolyphosphate Market:  Segmentation

On the basis of grade, sodium tripolyphosphate market can be segmented as follows:-

  • Anhydrous sodium tripolyphosphate
  • Hydrate sodium tripolyphosphate

On the basis of application, sodium tripolyphosphate market can be segmented as follows:-

  • Cleaning Agent
  • Water treatment
  • Food preservative
  • Tanning agent
  • Drug delivery application
  • Others

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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Agricultural Films And Bonding Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Agricultural Films and bonding’s are films which are used specifically for agriculture purposes. Agricultural Films is a polyethylene film or made from other compounds are widely used in various types of agricultural practices.  As compared to traditional methods of growing crops, use of agricultural films is much advanced and eliminates the rotting of plants.

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Materials used to produce Agricultural Films, and bonding’s are PE, LLDPE, PVC, PET, Laminated Materials and others. Agricultural films are mostly opaque while some farmers also use transparent or translucent films for specific purposes.  Due to its versatile features and vast usage, Agricultural Films and Bonding market is expected to witness an escalating demand among the industries.

Agricultural Films and Bonding: Market Dynamics

Agricultural Films and Bonding market is driven due to the increasing usage in the greenhouse industry. Despite the growth of large greenhouses, small greenhouses with the limited area are getting traction globally and creating a robust demand for Agricultural Films and Bonding market. Agricultural Films provide temperature and moisture control, protection from frost and low temperature, reduces energy consumption for heating, increases crop yield and helps in achieving a better quality of plants.

Bonding is used to join two or more films and helps in providing shape and stability to a structure. Manufacturing companies are focusing on providing films which give high-quality finish on flat or cylindrical surfaces. Most of the manufacturers of Agricultural Films and Bonding are located in China and South Asian countries which are exporting Agricultural Films and Bonding to North America, Europe, and other regions.

Agricultural Films and Bonding: Segment Outlook

Agricultural Films and Bonding market can be segmented on the basis of type of material which include Agricultural films (PE, LLDPE, PVC, PET, laminated materials, BOPP, CPP and EVA), Twine (Sisal, Polypropylene, LDPE and Others) and Netting (HDPE, LDPE, Polypropylene and Others). Agricultural Films and Bonding market can be segmented on the basis of colour which includes opaque, transparent and translucent.

Agricultural Films and Bonding market can be segmented on the basis of type of film which include Stretch film, Shrink film, Metallized film, Release film and Twist film. Agricultural Films and Bonding market can be segmented on the basis of type of process which include blow molding, casting, multiple extrusion and injection molding.

Agricultural Films and Bonding: Regional Outlook

Regional coverage for Agricultural Films and Bonding market includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East and Africa (MEA) and Japan. Agricultural Films and Bonding market will witnesses a high demand in APEJ due to the high investments in the region and its manufacturing units. Market in India and China is still at growth stage which will fuel the market for next ten years in the region.

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The regional analysis includes:

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

Agricultural Films and Bonding: Market Segmentation

Agricultural Films and Bonding market can be segmented on the basis of type of material, which include:

  • Agricultural films
  • PE
  • LLDPE
  • PVC
  • PET
  • Laminated Materials
  • BOPP
  • CPP
  • EVA
  • Twine
  • Sisal
  • Polypropylene
  • LDPE
  • Others
  • Netting

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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Pullulanase Market Assessment and Key Insights Analyzed Till 2028

Starch is a raw material used in various industrial like food, detergents, etc. Pullulanase is a de-branching enzyme found in plants and bacteria, is an enzyme used in starch processing. It is distributed in plants and bacteria. Pullulanase is present in the range of organisms which includes bacteria, yeasts, fungi, and animals. This enzyme is used in commercial production of glucose, maltose, and maltotriose. Recently, polysaccharides rich agricultural wastes are processed from the sucrose and glucose dumping.

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Global Pullulanase Market: Dynamics

The factors that drive the pullulanase market are rising demand for processed food, it triggers the saccharification process, and its extensive uses in the commercial products and all facilitates the growth of the pullulanase market. It is preferred enzyme in the industries where starch is processed.

The factors that affect the pullulanase market are its pH value, temperature and time dependent nature, the concentration of substrate, natural source, metal ions, and polyols. These factors are considered to be the restraining factors for this market.

Global Pullulanase Segment: Overview

The group of pullulan degrading enzymes, pullulanase market consists of Pullulanase type I, Amylopullulanase, Neopullulanase, Isopullulanase, Pullulan hydrolase type III. Based on its substrate concentration, it is segmented into four parts namely, pullulan hydrolase type I which attacks α-1,4 glycosidic linkages and forms panose, pullulan hydrolase type II attacks α-1,4 glycosidic linkages to form isopanose, pullulanase type I specifically hydrolyzes α-1,6 glycosidic linkages to form linear oligomers. And pullulanase type II attacks α-1, 6 glycosidic linkages and branched substrates

The pullulanase market is majorly segmented into its substrate concentration and its applications. Based on its applications, pullulanase has various industrial and commercial segmentations. It is used in the starch processing industry. When combined with α-amylases in sugar syrups, the method generates high yield output from the starch. This thus increases the saccharification reaction. In baking industry, extreme firmness, loss of flavors, the decrease of moisture content, deterioration of product quality, all are controlled with the pullulanase enzyme.

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Global Pullulanase Market: Key Players

Some of the market players for pullulanase market includes

  • Amano Enzyme
  • Shandong Longda
  • Sunson Industry Group Co Ltd
  • Novozymes
  • Xingtai Sinobest Biotech Co., Ltd.

The regional analysis includes:

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

Global Pullulanase Market: Segmentation

Based on sources, the market is segmented into:

  • Plants
  • Micro-organisms

Based on substrate, the market is segmented into

  • Pullulan hydrolase type I
  • Pullulan hydrolase type II
  • Pullulanase type I
  • Pullulanase type II

Based on its applications, the market is segmented into

  • Starch Processing
  • Baking
  • Branched cyclodextrin production
  • Laundry Detergents
  • Low-calorie beer

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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Textile Colourants Market to Reach 6,246 Thousand Tonnes in 2027

Global demand for textile colourants was pegged at 5,972 thousand tonnes in 2016. It is projected to increase to 6,248 thousand tonnes in 2017. Demand for textile colourants is anticipated to remain steady on account of growing applications in apparel and automotive industries. Demand is anticipated to remain higher in developing countries, owing to low labour costs and infrastructure development. Asia Pacific accounted for nearly 53% revenue share of the global textiles market in 2014.

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Cotton Largest Segment by Fibre Type

By fibre type, cotton remains the largest segment, followed by nylon and polyester. Demand for cotton textile colourants was pegged at 541 thousand tonnes in 2016; this is expected to reach 561.6 thousand tonnes in 2017. Among other fibre types, acrylic is projected to grow at the fastest CAGR.

Reactive Dye Largest Segment by Dye Type

By dye type, the market has been segmented into,

  • Reactive dye
  • Acid dye
  • Direct dye
  • Disperse dye
  • Basic dye

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Powdered Textile Colourants Preferred by Manufacturers 

On the basis of product form, the global textile colourant market has been segmented into powder, granules, paste, and liquid. Among these, demand for textile colourants in powder form is the highest, with this segment accounting for 663 thousand tonnes in demand.

Apparels Largest Application Segment

By application, the market has been segmented into apparels, household, technical textiles, automotive, and accessories. Demand for textile colourants in apparels is projected to surpass 1065 thousand tonnes in 2017.

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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technical textiles market grew by 2.50% CAGR in 2016-2028.

As per Future Market Insights (FMI), the global demand of overall technical textiles market grew by 2.50% CAGR in 2016-2028. Overall market valuation is expected to reach US$ 183 Bn with total sales of 37,872.2 KT in 2021. Owing to increasing demand for technical textiles in agriculture and apparel industry, the market is forecast to grow at 4.6% CAGR between 2021 and 2031.

Technical textiles have emerged as ideal solutions to address the issues of soil erosion. They are cost-effective and offer long service life. Moreover, these textiles can be used in landfills and harbors to improve soil stabilization, thus, reducing soil erosion.

Demand for technical textiles will grow due to the increasing cases of soil erosions in mountainous region. According to data from European Union, more than 80% of all agricultural areas and natural grassland in European Union are expected to be affected by severe soil erosions in 2016.

In European countries, manufacturers are required to follow stringent regulatory policies that specify which type of geotech textiles will be most suitable as per the characteristics of the soil of that specific region. These factors are expected to drive the sales of technical textiles in upcoming years.

Technical textiles are finding use in ocean sailing equipment and aviation components like zeppelins, balloons, and airplanes. High durability and toughness of these technical textiles make them an ideal material for manufacturing of customer protection products in automotive industries.

Innovation in technical textile materials such as development of phase chase materials and employment of chemical finishing and fiber spinning process for manufacturing composite technical textiles will further boost the market growth.

Incorporation of nano-fibers in manufacturing sector to fill up the micro-filtration performance loopholes will boost the industech textile market growth. Introduction of smart textiles in apparel industry and integration of wireless technology with textile fibers will positively influence the market growth in upcoming years.

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Key Takeaways from FMI’s Technical Textiles Market Study

  • Thriving agriculture sector and extensive research and development activities intended to create electronic, conductive, antimicrobial and innovative textiles, will support U.S. in becoming global leader in technical textile market over the forecast period.
  • Europe technical textiles market is forecast to expand at 2.50% CAGR during the assessment period owing to presence of leading textile and clothing companies in the region along with development of advance medical textiles for minimal invasive surgery applications.
  • India technical textiles market will grow at a steady rate over the assessment period, growth can be attributed to rising incorporation of technical textiles in defense and military application along with adoption of agrotech textiles in agricultural activities in north-east provinces of India.
  • Japan and South Korea will hold more than 8% of the global market share in 2021, backed by flexible import and export duties on technology and increasing use of geotech textiles in erosion protection in the region.
  • Technical textiles market experienced year-on-year growth of 4.7% in 2021, driven by increasing demand of meditech textiles during pandemic and increasing sales of packtech textiles in food packaging due to increase in consumption of packaged food item.

“Demand for agrotech will grow at a high pace in the forthcoming years due to the rising awareness among farmers regarding usage of technical textiles, rising urgency to reduce pest attacks and increasing demand to boost agriculture productivity. These factors are expected to aid the overall expansion of the market,” says the FMI analyst.

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Competitive Landscape

Future Market Insights reports that, Freudenberg & Co. KG, Milliken and Company, Arville, DuPont, and 3M are the leading players operating in technical textiles market and collectively account for more than 20% market share in 2021.

To survive in this highly competitive market, leading market players are focusing on strategic acquisition and collaboration along with expanding their production facilities in developing countries.

For instance, in 2020, Freudenberg & Co. KG acquired 100% shares of Low & Bonar PLC and Filc to extend its technical expertise in technical textiles and enter construction and automotive industries through laminated materials and needle punch nonwoven textiles offered by Filc.

In December 2020, Baltex launched sustainable, washable, and anti-viral face masks made from recycled plastics in an attempt to reduce the plastic pollution in the Ocean.

In March 2020, Milliken & Company announced to boost the manufacturing of its BioSmart fabric which is used in creating lab coats, scrubs and other healthcare products in response to COVID-19 pandemic. This fabric has anti-microbial shielding and made from bleach activated technology that eliminated more than 99.9% of germs.

Prominent players operating in the Technical Textiles market are:-

  • Freudenberg & Co. KG
  • Milliken and Company
  • Arville
  • DuPont
  • 3M
  • Asahi Kasei
  • Kimberly Clarke
  • Berry Global Group
  • Mitsui Chemicals
  • Low & Bonar
  • Huntsman
  • Toyobo Co
  • SRF Limited
  • Koninklijke Ten Cate
  • International Textile Group

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More Insights on the Global Technical Textiles Market

In its latest report, FMI offers an unbiased analysis of the global Technical Textiles market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of application type (agrotech, buildtech, hometech, indutech, sportech, packtech, mobiltech, meditech, clothtech, geotech, protech, and oekotech), process type (non-woven, composite and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia and Pacific, and Middle East and Africa).

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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South Asia Geosynthetics Market to Surpass 1700 Mn m² by 2027

The geosynthetics market has been witnessing a phenomenal growth over the past few years. Above-average GDP growth in the developing South Asian economies such as Vietnam, India, and Indonesia has resulted in an exponential growth of construction activities, which in turn is fuelling the demand for geosynthetics across these regions. Moreover, the geosynthetics market is becoming competition-intensive, owing to the presence of a large number of manufacturers.

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Key players in the South Asia geosynthetics market include Enviro Geosynthetics Pvt. Ltd., Global Synthetics Pty Ltd, NAUE GmbH & Co. KG, Polyfabrics Australasia Pty Ltd, Tensar International Corporation, Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, GSE Environmental, Inc., E.I. du Pont de Nemours & Co., and Koninklijke Ten Cate NV.

India Continues to Remain the Most Lucrative Country for Geosynthetics in South Asia

Future Market Insights (FMI), in its report titled, “Geosynthetics Market: South Asia Industry Analysis and Opportunity Assessment 2017-2027” projects the global geosynthetics market to expand at an impressive double-digit CAGR of 12.6% during the forecast period in terms of volume. FMI estimates that sales of geosynthetics will surpass 1700 Mn m² in South Asia by 2027. India is expected to be the most lucrative country in South Asia geosynthetics market, followed by ASEAN (Association of Southeast Asian Nations). India is expected to account for more than 700 Mn m² sales of geosynthetics by 2027.

Polypropylene Remains the Most Sought-After Geosynthetic Material

By product type, geotextile is likely to continue its dominance over the South Asia geosynthetics market, expanding at a volume CAGR of 13.9%. Geomembrane, another prominent product type, is expected to reach 274.3 Mn m² by the end of the forecast period.

Polypropylene remained the most lucrative material in the South Asia geosynthetics market, and is expected to remain so during the forecast period. This segment is anticipated to account for 55.5% market volume share by 2027.

Separation continues to be the leading primary function for geosynthetics, whereas containment primary function is estimated to witness fastest volume growth at 14% CAGR during the forecast period.

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Emphasis on Increasing Mining Capacity to Fuel the Demand for Geosynthetics in South Asia

Geosynthetic materials find widespread adoption in road development projects, mainly utilised for subgrade separation & stabilisation, filtration & drainage facility, base reinforcement, along with an overlay stress absorption & reinforcement. The application of geosynthetics in railway lines facilitates improved stress propagation and provides better stability. Applications in these sectors will continue to fuel the demand for geosynthetics in South Asia.

Geosynthetic materials are also witnessing robust demand from the mining industry. Emphasis on increasing mining capacity and related productivity has compelled miners in propagating deep mining. Moreover, water containment or waterproofing applications utilise geosynthetic materials, particularly geomembranes, for avoiding water absorption by forming a layer. These factors are influencing the growth of the South Asia geosynthetics market.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumersz

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Recreational Boat Market Competitor Analysis, Winning Strategies and Growth Drivers 2029

Recreational Boat Market OverviewRecreational Boats Market: Introduction
Recreational Boating is one of the world’s most vibrant sectors in maritime sector. A recreational boat can basically be described as large a motorboat with cabin, plumbing and other entertaining conveniences needed to live on board. People are using recreational boats to enjoy with their family, friends, and peers while outing. Activities such as fishing, boat racing, water sports game, campaigning, and sailing suits the best use of recreational boat. Materials used to make these ships are coated fabrics, plastics, and aluminum.The growing amount of individuals engaged in recreational operations and the mounting use of these boats for business specific reasons such as passenger transportation and short distance transport increases the development of the worldwide recreational boat market.

Recreational Boats Market: Market dynamics

Expanding tourism is right now one of the major growing industries which drives the growth of recreational boats market. Improved economy and demographic progress can also increase the market growth in the future. Growing income rates have fuelled the development of the recreational boat market in developing nations. The increasing demand for recreational activities such as fishing, water skiing, travel, and sport is boosting the worldwide recreational boat market.

High end recreational boat expenses may curb recreational boating demand. Because of its high price, it is unlikely that low- and middle-income groups will spend on recreational boats, which to some extent restricts the market. The vulnerability of the global economy to current trends often generates barriers to the worldwide recreational boat market. For example, when the global recession struck, the recreational boat market experienced a significant setback. Environmental and labor-related problems in the boating sector have questioned the development of the worldwide market for recreational ships. Besides product adoption and subsequent demand of recreational boats would be confined to countries having/ sharing water bodies in their realm.

This segment’s large share and trend is primarily supported by several benefits that come with these recreational boats, such as more power per pound than inboard motors, easy control, efficient boat swapping, extra space, easy access & engine maintenance, and a wide range of power & colors. Factors like reduced price and greater cruising and top pace further enhance its dominance.

High-tech attributes, risen consumer confidence, and sophisticated technology are some of the main uplifting factors in the worldwide recreational boat market. Integrating the recent innovations such as touch screen core dashboards that simplify and enrich the boating experience will assist suppliers attract thousand-year-old customers to the worldwide recreational boating industry.

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Recreational Boats Market: Regional analysis

In the North America region, the sector is anticipated to be the biggest by value, followed by Europe and Asia Oceania. Growing maritime and coastal tourism contributes significantly to the elaboration of American and European recreational boat market.

With increasing tourism and water sports operations and increasing investments in developing markets, Asia-Pacific is the second fastest increasing recreational boat market.

The Asian market is a manufacturing hub for producers from Europe and North America. Local demand for foreign-made ships has risen in Australia and New Zealand as national companies struggle to compete with global players.

Growth in the Chinese economy is stable and the transition leading to the service economy supports rising people’s incomes and, as a result, the Chinese recreational boat market has promised growth in the future.

Recreational Boats Market: Key players

Some of the major organizations in the recreational boat market are:

  • Azimut Benetti Group
  • Bavaria Yachtbau
  • Bennington Marine LLC
  • Brunswick Corporation
  • Carnival Corporation & plc
  • Catalina Yachts
  • Ferretti S.P.A.
  • Godfrey Pontoon Group
  • Grand Banks Yachts Ltd.
  • Groupe Beneteau
  • Hobie CAT Company
  • Mahindra Odyssea
  • Malibu Boats, Inc.
  • Marine Product Corporation
  • Nordhavn Yachts
  • Norwegian Cruise Line Holdings Ltd.
  • Ranger Boats
  • Royal Caribbean Cruises Ltd.
  • Sunseeker International Limited
  • White River Marine Group, LLC. (Tracker Boats)

“The research report on Recreational Boat market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Recreational Boat market report also contains projections using a suitable set of assumptions and methodologies. The research report on Recreational Boat market provides analysis and information according to market segments such as product type, material type, capacity and end use.

The Recreational Boat market report covers 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, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Recreational Boats Market: Market segmentation

Based on boat type, the global recreational boats market can be segmented into:

  • Outboard boats
  • Inboard/stern drive boats
  • PWC
  • Sailboats

Based on the power type, the global recreational boat market can be segmented into:

  • Engine-powered boats
  • Sail-propelled boats.

Based on application, the global recreational boats market can be segmented into:

  • Commercial
  • Fishing
  • Watersports
  • Tourism
  • Defense

Based on material, the global recreational boats market can be segmented into:

  • Fiberglass
  • Wood
  • Inflatable

Report Highlights:

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

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Train Bogie Market Key Players, Industry Overview, Applications and Analysis 2028

Train Bogie Market: Introduction
A train bogie is the chassis or the combined framework with wheel sets used for ferrying passengers or goods and are commonly attached one-after-one to railway engine. Train bogies are normal but are an essential component of the train, it is a drive system and track guidance mechanism is very important for overall transportation of the trains. Train bogies usually have a suspension system and separate breaking system so that the train handling and comfort can be maintained at every stage of the transportation. The crucial function of the train bogies is to support the mass of the train, use of the wheels to guide along the tracks and to provide a good cushioning effect against the shocks transmitted from the railway tracks during the motion. 

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The Train Bogie is used for the purpose of stopping the rail vehicles and from preventing them from crossing the physical section of the track as well as transporting goods and passenger from one destination to the other. Train Bogie is designed according to the construction of train and its engine, it is used in the rail vehicles as it increases the load carrying capacity of the rail vehicles.

They provide energy efficient and cost effective solution for the transportation large quantity of goods along with hundreds of passengers. The individual suspension and breaking systems prevent the damage and lessens the danger of injury to the commuters travelling in the rail. Additionally they are designed according to the speed and the weight of the rail vehicle. Train bogies may be either powered by some type of mechanical connected drive to the train engine or by an electrical motor. When the bogies are only used for the carrying fiction they are called as trailer bogies.

Train Bogie Market: Dynamics

Increasing consumer inclination towards safety and security in railway transportation in commercial and passenger sectors is expected to drive the train bogie global market over the estimated period of time. There is a successive growth in the use of public transport since past year and it is expected to continue the same pattern in the near future. Rail industry is estimated to directly drive the train bogie market. Stringent rules and regulation by the government and the ruling authorities of the developed and the developing countries regarding the safety of the passenger and the goods transported is one of the prominent driver of train bogie global market in the near future. Train bogies have prominent characteristic of being energy efficient and cost effective and this is expected to fuel its growth in the global market in the near future.

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The growing research and development for newer technology has always been acting as a bridge to the railway sector’s future, and the coming next half century won’t be any different. The most significant driver for the rail industry is the increasing consumer preference to use railways as it is one of the most economical and eco-friendly source of transportation available in the global market. Moreover, with the advent of technologies such as the hyperloop, bullet trains, metros, etc. the manufacturers are able to target the consumer’ inclination towards public transportation besides provide them with an alternative which is far more economical and safe in global as well as the regional markets.

Train Bogie Global Market: Regional Outlook:

Stringent rules and regulation regarding the safety of passenger in dominant markets such as Europe and North America has increased the demand of trains in this regions which in turn is estimated to accelerate the train bogie market in the near future. Growing use of public transport in the countries like India and China of Asia Pacific region is increasing the growth of rail industry and this is estimated to propel the train bogie market in this region. Emerging countries of Middle East Africa and Latin America is expected to cover the significant market value share in the global train bogie market over the estimated period.

Train Bogie Global Market: Key Players

Key players in the global market of Train Bogie are:

  • ALSTOM
  • PROMEC srl
  • Siemens AG
  • TITAGARH Group
  • Premier Ltd.
  • Bombardier
  • NIPPON STEEL & SUMITOMO METAL CORPORATION.
  • FLEISCHMANN
  • WBN Waggonbau Niesky GmbH
  • Nencki Ltd
  • CRRC Sifang Co., Ltd.
  • Jiangsu Railteco Equipment Co., Ltd.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Train Bogie Market: Segmentation

The train bogie market can be segmented on the basis of type of component and sales channel-

The train bogie market can be segmented on the basis of component as:

  • Bogie Frame
  • Brake System
  • Suspension System
  • Wheel Set
  • Others (motors, dampers, axles, bolster, etc.)

The Train Bogie market can be segmented on the basis of sales channel as:

  • OEM
  • Aftermarket

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Automotive Floor Mats Market Trends, Growth, Future Demand, Analysis and Forecast by 2029

Automotive floor mats are a vital part of the automotive to keep the vehicle floor neat and clean that used in commercial as well as a passenger vehicle. Automotive floor mats are the automotive accessories designed to protect the vehicle floor from wear, corrosion, and dirt. The Automotive floor mats are mainly utilized to keep the automotive interiors clean and neat. Majority of the automotive floor mats are removable and can be replaced easily. Majorly Automotive floor mats manufactured from synthetic rubber with unique shape and design to capture the dirt and water. The Automotive floor mats are required to maintain the specific standard to control odor release, durability of the automotive floor mats, and performance of the automotive floor mats in various heat levels. Automotive floor mats continue to be one of the maximum selling accessories in terms of volume, however their average selling price is low which doesn’t fetch substantial revenues.

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Automotive Floor Mats Market: Drivers and Challenges

The increasing production of the passenger cars, as well as commercial vehicles, are expected to drive the automotive floor mats market positively.

Many manufacturers are inclining towards new product development in the area of floor mats materials for high strength and long operational life. The increasing Research and Development Activities for new product development with advanced materials that anticipated to create the supply side trend in automotive floor mats market. In many nations, Original Equipment manufacturer needs to follow stringent regulations for the manufacturing of automotive floor mat to avoid safety hazards including odour release, durability, and performance in various heat levels.

The material type plays a precursor to procurement of automotive floor mat by the nature of its quality and associated price which varies from per individual spending on the product. Associated socio economic factors have also been instrumental in developing the said market.  In extreme weather conditional regions, the automotive floor can get dirty owing to accumulative mud and debris. To prevent the vehicle floor from such dirt debris, the automotive floor mats consumption is estimated to increase in the respective regions.

The aftermarket sales is also been a significant contributor to the sales of automotive floor mats where the developing regions have registered a greater weightage of aftermarket sales as compared to OEMs.

Automotive Floor Mats Market: Regional Outlook

East Asia is estimated to be the dominating region in the automotive floor mats market throughout the forecast period as the region accounts for around 25% of the global vehicle sales. North America region, as well as Europe region, is anticipated to gaining traction for aftermarket sales opportunities in the automotive floor mats market owing to automotive fleet size in the respective regions. South Asia Region is expected to witness maximum growth in the near future due to increasing automotive sales along with fleet size. In Oceania and Middle East & Africa is estimated to gaining traction soon owing to increasing preference towards passenger comfort and safety. Developed Economies such as U.S., Germany, OEM need to follow certain regulations to manufacture automotive floor mats which is estimated to hamper the growth of the automotive floor mats market.

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Automotive Floor Mats Market: Segments

The Automotive Floor Mats Market can be segmented on the basis of Product Type, Material type, Design Type, Sales Channel, Fitment Type, vehicle type and region

On the basis of the Product type, the Automotive Floor Mats Market can be segmented as:

  • All weather Mats
  • Carpet Mats
  • Rubber Marts
  • Logo Mats
  • Monogrammed Mats
  • Aluminum Mats
  • Natural Fiber Mats
  • Replacement Carpets
  • Cargo Liners

On the basis of the Material type, the Automotive Floor Mats Market can be segmented as:

  • Polypropylene
  • Polyamide
  • Polyurethene
  • Rubber
  • Aluminum
  • PVC

On the basis of the Design type, the Automotive Floor Mats Market can be segmented as:

  • Flat Automotive Floor mats
  • Molded Automotive Floor Mats

On the basis of the Fitment type, the Automotive Floor Mats Market can be segmented as:

  • Vehicle Specific
  • Universal Fit

On the basis of the Sales Channel, the Automotive Floor Mats Market can be segmented as:

  • OEM
  • Aftermarket
  • Online Sales
  • Offline Sales

Examples of some of the market participants in the Automotive Floor Mats market identified across the value chain include:

  • Husky Liners, Inc
  • Maxliner USA
  • CURT Manufacturing LLC.
  • RACEMARK International, LLC.
  • Omix-ADA, Inc.
  • Stinzo Auotmotives Pvt Ltd
  • MacNeil IP LLC
  • Lloyd Mats Inc.
  • Prestige Loop Mats Industries Private Limited.

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