Market Research Blog – Page 13606 – New Product Development

Blockchain Technology Market 2022 Assessment and Key Insights Analyzed Till 2030

The blockchain technology market is predicted to surge at 43.5% CAGR through 2030, reaching US$ 59.5 Bn in valuation, up from just US$ 3.31 Bn in 2022.

Blockchain technology accounted for approximately 5% share of the global digital transformation market in 2021. Substantial blockchain opportunities include data decentralization, data usage control, and encryption. Supply chain management is the primary use case of Blockchain technology, followed by decentralized finance.

Assets can be intangible, such as copyrights and patents, or they can be tangible, such as cash or homes. Blockchain technology is constituted of ordered records distributed in a block structure. Every data block contains a hash of unique identifiers like digital fingerprint, time stamped batches of transactions, and a hash of previous block.

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In this design, each block is connected in a chronological order. The interconnected blocks constitute a blockchain. Practically, it is not possible to change or modify any block in the middle of the chain. This is because all the blocks located after the modified block are required to be modified at the same instant.

Blockchain mechanism makes information immutable on the network. The capability of blockchain technology, to accommodate immutability of data, will motivate end users to accelerate adoption over the forecast period.

blockchain technology market

Key Takeaways of Blockchain Technology Market Study

Blockchain platforms will offer the most lucrative opportunities for revenue generation, among all the blockchain technology-based solutions
Blockchain-based supply chain management is the primary use case in the global market, followed by decentralized finance
Large enterprises will continue being the primary contributors to the growth of the blockchain technology market on a global scale
BFSI industry is the primary contributor to market growth with transportation and logistics industries following suit

“Blockchain infrastructure setup demands inherent complexities. Since the technology has not achieved commercialization on a global level, the demand for middleware solutions for integration, analytics and correlation, along with governance and security, is likely to rise among technology procurers,” says the FMI analyst.

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Competition Landscape of Blockchain Technology Market

As the technology is lagging behind in global diffusion, blockchain technology start-ups are striving to develop long-term partnerships with blockchain technology integrators. The move comes in order to ensure steady revenue generation during the forecast period.

Start-ups are partnering up with artificial intelligence (AI) based technology developers in order to market comprehensive solutions for decentralized financial applications. Market leaders such as Bitfury Group Limited are focusing on expanding their blockchain portfolio to include hardware solutions that enable end users to transfer or share assets swiftly and securely over a blockchain-based network.

Other blockchain technology market participants, such as Cegeka, are innovating their existing blockchain solutions to maximize business impact. These players are developing scalable blockchain solutions that include highly desirable capabilities marketed at competitive rates.

More Valuable Insights on Blockchain Technology Market

FMI’s research on the blockchain technology market is segmented into four major segments. By solution, the global blockchain technology market is segmented into applications, middleware and blockchain platforms.

With respect to use case, the global blockchain technology market is segregated into supply chain management, digital identity, payments and money, trading, commerce and exchange, smart contracts, and decentralized finance. With regards to enterprise size, the global blockchain technology market has been segmented into large enterprises, and small and medium-sized enterprises (SMEs).

On the basis of industry, the global blockchain technology market is segmented into BFSI, healthcare, retail and e-commerce, hospitality and travel, government, media and entertainment, and transportation and logistics, among others. The extensive segregation of the market helps readers evaluate lucrative opportunities in the global blockchain technology market.

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3D Scanners Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2030

Expanding at a high CAGR of 14.5%, the global 3D scanners market is projected to increase from a valuation of US$ 3.26 Bn in 2022 to US$ 9.65 Bn by 2030. 3D scanner sales accounted for 55% share of the global scanning devices market in 2021.

3D scanners have been witnessing huge adoption for commercial use cases. In addition, the flexibility of 3D scanning technology to be customized as per professional requirements in several industries has boosted its adoption across prominent end-use industries. Case in point, in the healthcare sector, 3D scanners are leveraged to model body organs in three dimensions, which is utilized to create prosthetics.

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The coronavirus (COVID-19) pandemic has hit the profit margins of electronics manufacturers, globally. As such, players in the 3D scanners market are confronting raw material shortages with weeks of delays, on an average. Further, manufacturing and automotive industries are key revenue creators for the 3D scanners market, and the pandemic has severely affected these industries too.

Consequently, the 3D scanners market would witness a notable drop in demand from these industries. A majority of manufacturers are forecasting a decline in sales over the first two quarters of 2020, and over 60% players are projecting business operations to recover by October 2022.

“Recent tech-enabled advances in the healthcare industry, investment upheaval in medical equipment, expanding geriatric pool, and fast-paced development of healthcare infrastructure in developing regions are propelling the growth of the 3D scanners market. Implementation of such scanning technologies in the healthcare industry enables professionals to precisely measure patients’ anatomy and deliver accurate results.”

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Key Takeaways of 3D Scanners Market Study

3D scanners/hardware will continue to hold leading market share over the following decade.
Among all the services, 3D design and modeling services are expected to expand at the highest CAGR over the coming years.
Market players continue to capitalize on portable/handheld 3D scanners, while robot-mount 3D scanners would offer potential value-capture opportunities.
Short range (less than 1m) 3D scanners would capture a prominent revenue share; long range (more than 300.1m) 3D scanners to witness adoption upsurge in the coming years.
Healthcare and manufacturing industries would remain the key end users of 3D scanners; the latter to show the most worthwhile prospects in the near term.
North America continues to engage market players; East Asia to offer potential growth avenues.

Increasing Usage of 3D Laser Scanners in Collision Detection to Drive Market

3D scanners are used in collision avoidance as well as in vehicle navigation applications. These scanners come with features such as high accuracy of recorded measurements, making 3D scanners immensely useful for use cases, including reconstruction and collision detection.

Furthermore, handheld 3D scanners are utilized to record the interiors of damaged vehicles, allowing internal damages to be recorded, measured, and analysed. As such, 3D scanners tick all the boxes of safety, speed, and flexibility, to offer complete collision detection as well as reduce the impact of traffic flow.

More Valuable Insights on 3D scanners Market

In its latest report, Future Market Insights offers an unbiased analysis of the global 3D scanners market, providing historical data for the period of 2015-2021 and forecast statistics for 2022-2030. To understand the opportunities in the 3D scanners market, the market is segmented on the basis of component (3D scanners/hardware, 3D scanning software, services), type (portable/handheld, desktop-based, fixed-mount, robot-mount), range (short range, medium range, long range), and end user (automotive, aerospace & defense, civil & architecture, healthcare, education, manufacturing, media & entertainment, others), across six major regions.

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Hyper-Converged Systems Market : Notable Developments & Geographical Outlook 2022 to 2030

The global hyper-converged systems market is currently valued at around US$ 9.83 Bn, and is anticipated to surge at a CAGR of 27.1% to reach US$ 66.8 Bn by 2030.

The hyper-converged systems technology market accounted for 15% share of the global software-defined infrastructure (SDI) market in 2021. Installation of hyper-converged systems for the purpose of virtualization and VDI is expected to gain significant traction over the coming months and years.

COVID-19 Pandemic Impact Analysis

The rapid spread of COVID-19 has disrupted the world’s economy. IT service companies have also witnessed a significant slowdown in growth during this financial year. However, the demand for hyper-converged systems is on the rise, as organizations are adopting remote working and work from home during the COVID-19 pandemic. Organizations have started investing more in converged and hyper-converged systems, as these systems allow employees to work remotely with the inbuilt virtual desktop infrastructure (VDI) feature.

In terms of value, the hyper-converged systems market in South Asia & Pacific is estimated to record the highest growth during the forecast period. Increasing lockdown periods due to the pandemic in APAC countries are estimated to motivate IT companies to procure hyper-converged systems during the forecast period.

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“With business organizations expanding their business capabilities on an exponential basis, the need for big data consolidation and protection is the need of the hour. Market vendors are investing a significant portion of their revenue in developing robust hyper-converged systems to help business entities realize this objective,” says a leading analyst at FMI.

hyper converged systems market

Hyper Converged Systems Market- Key Takeaways

Hyper-converged infrastructure appliances remains the most preferred component, followed by server virtualization software;
Increasing business volumes and critical data management boosts applications of hyper convergence systems in large and small and medium sized enterprises;
Banking, Financial Services and Insurance (BFSI) acquires an edge over other industries; manufacturing gathers increased momentum;
North America exhibits tremendous growth potential, attributed to the presence of prominent market players, South Asia & Pacific are set to emerge as the most lucrative markets in the coming years due to favorable business climate.
The hyper converged systems market shall represent a US$ 50 Bn opportunity by the end of 2030.

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Hyper Converged Systems Market- Key Driving Factors

Use of software-grade convergence systems to minimize data assimilation complexities and augment operational efficiencies provides fuel to the hyper converged systems market;
The ever-impending risk of data loss due to unforeseen circumstances such as component failure, dearth of internet connectivity or destruction of equipment due to natural disasters drives adoption of hyper converged systems.

Hyper Converged Systems Market- Key Restraints

High demand inelasticity generated due to high costs of procuring additional resources shall impede market growth;

Anticipated Impact of the Coronavirus Outbreak

The ongoing novel coronavirus disease pandemic has generated favorable trends for the hyper converged systems market. As physical interaction is being increasingly refrained from, attributed to mandatory social distancing guidelines, business entities have shifted to digital platforms to maintain operational continuity. Countries worldwide require employees engaged in non-essential services to work remotely for an indefinite time period. As a result, companies have invested in various hyper-converged systems allowing professionals to operate distantly with in-built virtual desktop infrastructure (VDI) features.

Vendors are making available some of their software and hardware technology for free to assist businesses, researchers and work from home users to enable unhindered business operations. For instance, Acronis has made its Cyber Files Cloud file technology free until the end of July making it possible for clients across the world to work with their content without constraints. Likewise, Arcserve, Eden Prairie is assisting businesses by providing direct-to-cloud backup and disaster recovery freely for an unspecified time period.

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Competitive Landscape

The hyper converged systems market is characterized by the presence of a multitude of players, which include but are not limited to Dell EMC, Hewlett Packard, VMware Inc., Pfizer Inc., Acronis, Arcserve Eden Prairie and Fujitsu Ltd. to name a few. Heavy investments in R&D to explore potential growth avenues and investments in product marketing strategies have provided a wide platform for these players to grab a foothold. Important partnerships such as Pfizer with Oracle for creating a cloud based repository titled Clinical Cloud to store clinical data are also characteristics of a successful hyper converged systems market.

More Valuable Insights on Hyper-Converged Systems Market

Future Market Insights offers an unbiased analysis of the global hyper-converged systems market, providing historical data of 2015-2021 and forecast statistics for the years 2022-2030. To understand the various opportunities present in the hyper-converged systems market, the market study has been segmented on the basis of component, enterprise size, application, and industry, across six major regions.

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Flight Simulator Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

Predominantly driven by their civil and military & defense applications, demand for flight simulators is projected to see a steady growth outlook during 2020 – 2030. A new Future Market Insights (FMI) study forecasts that the global flight simulator market will experience around 1.5X expansion in revenues over the period of projection, and developing Asian economies hold a lucrative position for stakeholders.

Mass adoption of air travelling by consumers in developing countries of Asia Pacific warrant addition of airline routes, and personnel such as traffic controllers, pilots, and cabin crew. This acts as a major factor assisting growth of the flight simulator market. Growing integration of augmented reality (AR), and virtual reality (VR) applications in flight simulators will strengthen the prospects of flight simulator market. Efficiency of these next-gen technologies to imitate real-life situations is central to the demand for flight simulators.

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Key Takeaways of Flight Simulator Market

Full flight simulator (FFS) accounts for more than 90% of flight simulator sales.
Civil applications account for over 69% of total adoption.
Military & defense industry will emerge as a highly lucrative area of investment for market stakeholders, with a projected 5% CAGR through 2030.
Adoption of fixed flight training devices is projected for an impressive surge in the near future.
North America maintains hegemony, with nearly half of the total market value.
Flight simulator market in South Asia is poised for a healthy 6.8% CAGR during the forecast period.

Flight simulators are witnessing a new wave of technology ushered by AR and VR. The shift of focus on skill competency, safety of operations, and situational awareness in pilot training programs will further augment the adoption rate of flight simulators.

Flight simulators are amongst the most vulnerable verticals hit by COVID-19 pandemic. As airline companies struggle to make ends meet, many have suspended all operations. Governments are deploying air fleets to rescue citizens stranded in foreign countries. This further strains cash reserves of airline companies. Since flights are being flown on a pro-bono basis. Government rescue funds offer some sigh of relief, but a full-fledged recovery is only possible post the pandemic. This detrimental impact on the airline industry is likely to cause a significant fall in the demand for flights simulators. As the industry faces an excess of idle workforce they will not invest in training new pilots during the pandemic.

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Market players are in the long haul, even after the pandemic, the airline industry would be on a steep downfall for a while – in terms of ticketing, and on premise sales. Our analysis reveals that there would hardly be a sign of normalcy before Q3 2020. Financial burden of current outstanding refunds, and consumer behavior post COVID-19 will dictate the recovery of the airline industry. Which will further influence the recovery and uptake in demand for flight simulators during the forecast period.

Flight Simulator Market – Key Participant Insights

Flight simulators have been ideal for usage in effective training of airline staff, which continues to push their adoption by airline companies. Innovative applications of flight simulators in cabin crew and ground crew training will further present gainful opportunities in the global market. Key market players are leveraging these innovative applications such as air traffic controller training to differentiate their products in the market.

Developments in Aircraft Simulation Technology (AST) is a popular product differentiation strategy among market players. Major players are forging long-term relationships with suppliers, technology partners, and vendors to expand their production capacities. Reducing the time-to-market, and expansion of global footprint will dictate the competitive landscape in the flight simulator market.

Key players in flight simulator market that have been covered in this FMI report include, but are not limited to, CAE Inc., L-3 Communications Holdings Inc., Flightsafety International, The Boeing Company, Thales Group, Collins Aerospace, Airbus Group N.V., Indra Sistemas SA, and TRU Simulation + Training.

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Key Research Findings

Adoption of flight simulators for military & defense applications will exhibit a healthy CAGR of 5% during the forecast period, 2020 – 2030.
Demand for Fixed Flight Training Devices (FTD) continues to grow strong, on the back of their application in effective pilot trainings.
Full Flight Simulator (FFS) sales will grow 1.5X between 2020 and 2030, though at a steady pace.
Owing to proliferation of air travellers, especially in developing countries, civil applications of flight simulators will rise 1.4X during period of projection.
North America leads the global flight simulator market, with a major revenue share of over 49%.

Flight Simulator Market: Segmentation

Type

Full Flight Simulator (FFS)
Fixed Flight Training Devices (FTD)

Application

Civil
Military & Defense

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Video Streaming Software Market 2022 Comprehensive Shares, Historical Trends And Forecast By 2030

The global video streaming software market is currently valued at around US$ 5.9 Bn, and is anticipated to progress at an impressive CAGR of 10.2% to reach US$ 12.87 Bn by the end of 2030.

Video streaming software currently account for 53.7% share of the global video streaming market, North America, followed by Europe & Asia Pacific, leads the global video streaming software market.

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Overview of Global Video Streaming Software Market

The video streaming software market will surpass US$ 5 Bn in 2021.
Notable rise in video streaming subscriptions and increasing demand for original media content are fueling the growth engine.
Video-on-Demand (VoD) holds leading revenue share; live video streaming to slide.
Software solutions would generate revenue twice that of services by 2030.
Adoption of video streaming software will remain predominant in media and entertainment vertical.
North America, followed by Europe, would lead the pack in video streaming software market.

video streaming software market

“Artificial intelligence (AI) can help the video streaming software industry by solving the problem of making metadata more readily available. While dealing with rich video streaming software content, AI will be able to parse all the available metadata. This even includes video streaming software-based image recognition, where AI would be able to recognize the emotions of people in videos and allow users to search content based on that criteria.”

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Key Takeaways of Video Streaming Software Market Study

For residential end users, 4K or UHD video streaming software is becoming mainstream, and this trend is likely to grow with an increase in the availability of mobile devices that support these formats.
Although some regions such as Latin America have limited broadband penetration and high levels of piracy, they show great potential in becoming over-the-top (OTP) video streaming software market leaders in the coming years, owing to the changing habits of end users.
Although growth in the total number of video streaming subscriptions is slowing down in North America, consumption time or video streaming time per user continues to increase, as the content that is available to stream is constantly improving.

Video Streaming Software Market: Structure Analysis

Key video streaming software providers operating in the global video streaming software market include Brightcove Inc., Haivision, IBM, Kaltura Inc., Panopto, VUALTO, Ooyala, Inc., (Poly) Plantronics, Inc., Vbrick, Sonic Foundry, Kollective Technology, Inc., Cloudinary, dacast, OBS, and Wowza Media Systems, LLC, among others.
Leading video streaming service providers include Netflix, Amazon Prime Video, Hulu Disney Plus, and YouTube TV, among others.
Netflix Inc. crossed 2 million subscribers in France and Germany soon after its global launch in 2016. However, the company is still facing stiff competition from local pay-tv operators in the region.

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Key Segment

Solution

Software
Services

Type

Live Video Streaming Software
Video-on-Demand (VoD)
- (Subscription) SVOD
- (Transactional) TVOD
- (Advertising) AVOD
- Others

Vertical

Media and Entertainment
Education
Healthcare
Banking and Financial Solutions
Travel and Tourism
Others

Key Questions Answered in the Report

What is the estimated growth rate of the global video streaming software market?
What is the projected market value of video streaming software?
Who are the key video streaming software providers?
Which is the dominant type of video streaming software?
Which region has the highest market share in the video streaming software market?
How big is the live streaming market?

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Potassium Zirconium Fluoride Market Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2031

According to latest research, Potassium Zirconium Fluoride market is set to witness significant growth during 2021-2031, with CAGR of 4% to 5% during the decade. Potassium Zirconium Fluoride is a crystalline white solid. It is only marginally soluble in water. The substance is used in metal processing, as a catalyst in chemical manufacturing, and for a variety of applications.

Potassium Zirconium Fluoride is a favored commodity in industries such as automobiles, pharmaceuticals, and coatings due to its special properties such as chemical resistance, thermal stability, mechanical strength, and increased transparency.

The product is also used in the building & construction industry, and the global expansion of the construction industry is a key factor driving demand for the Potassium Zirconium Fluoride.

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What is Driving Demand for Potassium Zirconium Fluoride

The significant factor which is the expanding market is being driven by lifestyle changes, end-use product demand, renewability, and distribution. The global expansion of the automobile and aerospace industries will accelerate business expansion and demand for the commodity in the coming years. It is used as components of fluxing and plating, as additives in arc welding rods.

Innovations and technological advancements in the automotive industry to meet rising customer demand are expected to drive up demand for welding materials during the forecast period. Major market players are investing heavily in product research and development, as a result of which they are launching new products and driving market growth.

Welding and Refining Likely to Augment Potassium Zirconium Fluoride Demand

Potassium Titanium Fluoride salts are used as fluxing and plating components, as additives in arc welding rods, in metal treatment, as grain refining agents in aluminum and manganese foundries, as active fillers in resin bonded abrasives, and in the preparation of glazing frits.

Arc welding has the advantage of high heat concentration during the welding process, in which an electric arc is created between the electrode and the base materials, melting the metals.

The main advantage of arc welding is the concentration of heat applied to a large surface, which allows for better welding by providing a depth of penetration, reducing welding time. Because of its low cost and ability to be applied to a wide range of metal surfaces, arc welding is the most popular welding technology.

Welding materials will be in high demand because it is the only joining technique that can be used in space and underwater. Welding is crucial in the repair of ships, pipelines, and offshore oil platforms. Underwater welding is also becoming more popular in marine applications. It is also used in repair and maintenance operations by end-use industries.

North America Potassium Zirconium Fluoride Market Outlook

North America emerged as the largest geographical market in terms of production and consumption. This is attributed to an increase in the region’s demand for welding and plating applications. The automobile industry dominates the demand in North America, but the refining industry still plays a significant role as the leading market.

The region is also witnessing a high growth rate in the construction industries, due to which there is increasing consumption, thus leading to the growth of the Potassium Zirconium Fluoride market in the region.

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Asia Pacific Demand Outlook for Potassium Zirconium Fluoride

Asia-Pacific is estimated to be the fastest growing region owing to the factors such as increase in the investment by the major companies in the developing nations, developments in the automobile sector and increase in the demand for welding consumables.

The production facilities are being shifted to the Asia Pacific region owing to favorable manufacturing conditions and favourable regulations. This is supported by the easy availability of raw materials and low-cost & skilled manpower. China and India are expected to remain a key country in the market.

Who are the Key Manufacturers and Suppliers of Potassium Zirconium Fluoride

Some of the leading manufacturers and suppliers are

Ambinter abcr GmbH
Fluoropharm Chembase
Alfa Chemistry
MuseChem
Finetech Industry
Aurora Fine Chemicals
3B Scientific (Wuhan) Corp
AK Scientific Fluoropharm Chembase etc.

Potassium Zirconium Fluoride Market 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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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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Potassium Fluoride Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

As per a research conducted, sales of potassium fluoride is anticipated to grow with a CAGR of 3.0% to 5.0% during the coming assessment period of 2021 and 2031. The inorganic compound is one of the key source for fluorine ion for several applications.

The increasing demand of fluorine chemicals is a key factor driving growth of the market. It is also known commonly as potassium monofluoride.

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What is Driving Consumption rate for Potassium Fluoride?

For the preparation of various organic chemicals, potassium monofluoride is used as a fluorinating agent to provide fluorine ions. The growing demand for organic chemical all over the globe is expected to benefit the sales volume.

In the industries of metallurgy, the compound is used as a flux for metal finishing applications including surface coatings in a metal, in tin plating and other applications. The growing demand for metal surface coatings and tin plating is also estimated to boost the market.

Further, the increasing sales of high quality glass is also expected to benefit the growth for the compound as it is used as flux for high quality glass manufacturing.

The inorganic compound can also be used in the production of agrochemicals including insecticides, pesticides and disinfections. The increasing consumption of agrochemicals and disinfectants is expected to provide considerable opportunities for the fluoride compound over the forecast period.

Organic Chemical Industries are Expected to Boost the Sales of Potassium Fluoride

By Finkelstein and Halex reactions, potassium monofluoride is used to convert chloro-carbons to fluorocarbons in several chemical industries. The increasing demand for fluoride compounds for organic chemical production is estimated to benefit the market. This fluoride compound is used as fluorinating agents in the synthesis of various organic chemicals.

Potassium fluoride is also used as a catalyst and dehydrating agents as base in several organic chemicals’ reactions. The growing organic chemicals sales all over the globe is estimated to boost the consumption rate for the compound in the coming years.

Moreover, fluoride ion source are used for the study of ion specific de-swelling and swelling of certain polymeric gels. Research on oxidation of noble metals in hydrogen fluoride at room temperature is going on. These research activities are projected to bolster the application of fluoride compounds in the coming years.

U.S. and Canada Potassium Fluoride Market Outlook

Substantial development in the chemical industry especially organic chemical industry in U.S. and Canada is anticipated to maintain the growth rate of Potassium fluoride in these countries. Increasing demand for fluorinating compounds in the chemical industries in these countries is also expected to bolster the consumption in the coming years.

Significant growth in the metal industries is also anticipated to benefit the market over the forecast period in U.S. and Canada. Considerable demand for agrochemicals is also expected to boost the demand for potassium monofluoride in near future. Increasing investment in research also estimated to benefit the market as it will create a wide range of application field for the compound in both the countries.

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Asia Pacific Demand Outlook for Potassium Fluoride

Significant growth in the agrochemical industries in Asia Pacific region is expected to benefit the sales volume in the coming years. Significantly growing chemical industries in Asia Pacific region especially in China, India and ASEAN has maintain the growth of the Potassium Fluoride Market, and is projected to maintain the growth over the coming decade.

The growing demand for fluxing agents in glass manufacturing and in metal industry in Asia Pacific region is anticipated to bolster the consumption rate of the compound in the coming years. Moreover, increasing demand for optical glasses in the region is also expected to benefit the growth rate of the market as the compound is used to frost and etch glass in glass manufacturing sector.

Who are the Key Manufacturers and Suppliers of Potassium Fluoride?

Some of the leading manufacturers and suppliers of Potassium Fluoride include

Morita Chemical Industries Co., Ltd.
Aarti Industries Ltd.
S.B. Chemicals
Solvay S.A.
Harshil Industries
Stella Chemifa Corporation
Nantong Jinxing Fluorides Chemical Co., Ltd.
Derivados Del Fluor
Xinxianng Yellow River Fine Chemical Industry Co. Ltd.

Potassium Fluoride Market 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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Sodium Reduction Ingredient Market 2022 Key Players, End User, Demand and Consumption by 2025

Future Market Insights (FMI) delivers key insights on the global sodium reduction ingredient market in its latest report titled, “Sodium Reduction Ingredient Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. According to the published research study, the global sodium reduction ingredient market is expected to grow at a CAGR of 11.7% during the forecast period owing to multiple driving factors which are explained in detail in the sodium reduction ingredient market report.

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Sodium Reduction Ingredient Market: Segmental Analysis

Based on application, sodium reduction ingredient market has been segmented into sauce/dips/dressings, snacks, bakery products, cheese/butter, frozen food, and others. Others include beverages, baby food, and breakfast cereal. The snacks segment is expected to register a higher growth rate of 11.0% in terms of value during the forecast period. In addition, snacks segment is estimated to hold 26.9% of revenue share in sodium reduction ingredient market in 2015. Apart from snacks, frozen food segment is also estimated to contribute maximum revenue share as compared to other segments over the forecast period in the sodium reduction ingredient market. New product launches by major players of sodium reduction ingredient will trigger the market growth in coming years. Among the application segments in sodium reduction ingredients market, bakery product segment is expected to register the highest CAGR of 12.8% during the forecast period.

Sodium reduction ingredient market is segmented into amino acid, mineral blends, yeast extract and others based on different ingredient types. Others segment include hydrolyzed vegetable protein, trehalose, and nucleotides. Magnesium sulphate, calcium chloride, potassium sulphate, potassium chloride, and potassium lactate are also taken into consideration and are placed as sub-segments under mineral blends segment. Mineral blends segment is expected to dominate the sodium reduction ingredient market with a market share of 53.9% in 2015.

Sodium Reduction Ingredient Market: Factors Boosting Demand

Various demand and supply side factors are expected to trigger the growth of sodium reduction ingredient demand. Rising awareness regarding health benefits of reduced sodium in products and rising preference for processed food will drive the demand growth for sodium reduction ingredients. In 2014, Lebanese Action on Sodium and Health (LASH) group, under the patronage of the Lebanese Ministry of Public Health, launched a national health campaign to generate awareness regarding sodium intake in the country. The growing demand for sodium reduction ingredient is also backed by the introduction of government laws regarding the sodium intake in certain countries. In line with government regulation and market scenario, Kerry Foods reduced salt levels by 32 percent and fat by 21% in its cheese slices in 2013.

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Sodium Reduction Ingredient Market: Regional Insights

The global sodium reduction ingredient market report covers global market trends and offers detailed analysis and insights into the potential demand in the coming years for each geographic region. Among the geographic areas analyzed in the sodium reduction ingredient study, North America is estimated to dominate the sodium reduction ingredient market with 32.0% value share by the end of 2015 and is expected to continue the dominant position in the sodium reduction ingredient market up to 2025. In terms of value, North America and Western Europe are collectively estimated to account over 59.9% of the sodium reduction ingredient market in 2015. Although, the sodium reduction ingredient market is dominated by the aforementioned geographic areas, the highest CAGR of 13.2% is expected to be seen in the Asia Pacific excluding Japan (APEJ) during the forecast period in the sodium reduction ingredient market.

Sodium Reduction Ingredient Market: Competition Analysis

Few of the major players participating in the global sodium reduction ingredient market are Kerry Group PLC, Associated British Foods plc., Sensient Technologies Corporation, Tate & Lyle PLC, E. I. Du Pont De Nemours and Company, Givaudan SA, Cambrian Solutions Inc., Innophos Holdings, Inc., and Jungbunzlauer Suisse A.G. Active major sodium reduction ingredient industry participants are expected to invest a huge chunk of revenue share into research and development related activities to come up with new innovative products which will help them to maintain sustainable position in the industry for a longer time.

Major players in the sodium reduction ingredient market are focusing on launching new products frequently to meet the changing consumer preferences. In addition, companies operating in sodium reduction ingredient market are investing in the technological up gradation of the existing processes to meet changing manufacturing needs.

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Potassium Fluoborate Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031

According to the latest research, the demand for Potassium Fluoborate is anticipated to grow with a compelling growth rate of about 3.0% to 5.0% in between the coming assessment period of 2021-2031. Its molecular formula is KBF_4.It is also known as Potassium tetrafluoborate, Potassium borofluoride. In Aluminium metallurgy, potassium fluoroborate (KBF4) is used to make abrasives, soldering agents, and ceramics.

The widespread use of potassium fluoroborate in a variety of applications across a wide range of sectors drives the worldwide potassium fluoroborate market. Potassium fluoroborate is water soluble and can be utilized in a variety of oxygen-sensitive situations, such as metal manufacturing. It’s also used in extremely low concentrations in a variety of health applications.

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What is Driving Demand for Potassium Fluoborate?

One of the primary factors driving the growth of the potassium fluoroborate market is the rise in demand for abrasives around the world. The rise in demand for metal processing in the automotive and industrial sectors, as well as its use as an addition in the production of Aluminium boron alloy, is propelling the industry forward.

The market is influenced by the increase in demand for abrasives due to their high demand in polishing applications for end use sectors such as electronic and electrical equipment, automotive, and machinery, among others.

In addition, the potassium fluoroborate market benefits from the expansion of end-use industries, rapid urbanization and industrialization, research and development activities, and high investments. The demand for various chemical such as boron trifluoride in the market has increase as chemical, agrochemical, petrochemical, and pharmaceutical.

Automotive Sector and Growing Demand of Abrasives Boost Potassium Fluoborate Sales

The market is boosting due to the use of abrasives in various industries. Rising metal processing and machining demand in the automotive and industrial sectors is expected to fuel potassium fluoroborate market growth. It is commonly used as an addition in the production of Aluminium boron alloys.

The potassium fluoborate market revenue may be driven by rising demand for abrasives due to its high demand in polishing and grinding applications for end use sectors such as automotive and metal fabrication.

APAC Potassium Fluoborate Market Outlook

The investment in metal industries is owning its demand and boosting the growth of Potassium Fluoborate market in different application such as electric, automotive, construction and machinery industries. Because of its rapidly rising population, Asia-Pacific is expected to have higher demand in the forecast year.

The region has been urbanized to a greater extent as a result of gains in GDP per capita and infrastructure development, transforming rural areas into urban areas. Potassium fluoborate is in high demand in Asia-Pacific for Aluminium metallurgy, which is used to make aircraft and automobile parts.

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US and Canada Demand Outlook for Potassium Fluoborate

North America, led by the United States, Mexico, and Canada, will dominate the worldwide potassium fluoborate market. The increasing demand for abrasives in numerous machinery units, which supply advanced precision tooling and machine parts, has shaped the region’s expansion. As a result, the worldwide potassium fluoborate market is expected to develop in the near future due to rising demand for abrasives.

Europe market is led by Italy, UK France, and Germany and is expected to witness significant growth during the forecast period. The market will expand due to automobiles sector. As aluminum metallurgy is used for fabrication of automobiles parts.

Who are the Key Manufacturers and Suppliers of Potassium Fluoborate?

Some of the leading manufacturers and suppliers include

Morita Chemical Industries,
Harshil Industries,
American Elements,
Solvay S.A,
Honeywell Fin Chemicals,
Hunan Merits New Materials Co. Ltd.,
Derivados Del Flúor (DDF),
AMG Aluminum,
Madras Fluorine Ltd.,
Stella Chemifa Corporation,
Foshan Nanhai Fluoride Chemical Co. Ltd,
S.B. Chemicals,
Triveni Chemicals,
Skyline Chemicals

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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Beta-glucans Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2025

Future Market Insights (FMI) delivers key insights on the global beta-glucan market in its report titled, “Beta-glucan Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. The global beta-glucan market is projected to register a healthy CAGR of 7.0% during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

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On the basis of functionality type, the market has been segmented into soluble beta-glucan and insoluble beta-glucan. The soluble beta-glucan segment accounted for 63.1% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period. Insoluble beta-glucan segment accounted for 36.8% share of the global beta-glucan market in 2014, and is expected to register CAGR of 6.8% over the forecast period.

On the basis of source type, the market has been segmented into cereal, yeast and others (mushroom). The cereal segment accounted for 45.2% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR similar to that projected for the global beta-glucan market over the forecast period.

The cereal segment is sub-segmented into oats and barley. Revenue contribution of oats was 69.3% in 2014 and is projected to decrease to 68.8% by 2025, gaining 40 basis point share (BPS) and registering a CAGR of 7.1%. Furthermore, revenue contribution of barley was 30.7% in 2014, and is projected to increase to 31.2% by 2025, gaining 50 BPS and registering a CAGR of 7.3%. Yeast segment is expected to register CAGR of 6.9% between 2015 and 2025 and others (mushroom) segment is expected to register a CAGR of 6.6%, losing 30 BPS.

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On the basis of application type, the market has been segmented into food and beverage, bakery products, health and dietary supplements, dairy and frozen products, cosmetics and personal care and others (animal feed). The health and dietary supplement segment accounted for 33.7% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period.

Growth of the global beta-glucan market is mainly driven by rising health awareness and new functional food product launches, growing disposable income, increasing promotional activities and growing technological advancements in beta-glucan extraction techniques. Other trends driving market growth include expansion and product enhancement strategies by various players in the market.

This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the beta-glucan market in specific regions. Western Europe dominated the beta-glucan market with over 36.1% market share in 2014, and is anticipated to remain dominant by 2025. North America and Asia Pacific Excluding Japan collectively accounted for over 40% of the total beta-glucan market share in 2014. Among all the regions, Western Europe is anticipated to register the highest CAGR between 2015 and 2025, followed by North America due to increasing health concerns and government approvals in these region.

Key players in the global beta-glucan market include Associated British Foods Plc., Biothera the Immune Health Company, Ceapro Inc., and Koninklijke DSM N.V. Major participants such as Biothera Inc. and Tate and Lyle focus on research and development activities to enhance product portfolio in order to sustain in the competitive market. In addition, these key players focus on expanding exclusive functional food product portfolio through acquisition of various raw materials and end-product manufacturing companies with the objective to enhance market position. In early 2015 for instance, First Endurance launched multi-vitamin product MuliV-Pro using beta-glucan derived from Wellume Yeast, a product from Biothera the Immune Health Company. This product helps to improve athlete’s performance by supporting immune health.

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