Market Research Blog

Future Outlook: Micro Irrigation Systems Market to Achieve USD 25 Million by 2033, with a CAGR of 9.5% | FMI Reports

The micro irrigation systems market is expected to grow significantly, from USD 10 million in 2023 to USD 25 million by 2033, reflecting a robust compound annual growth rate (CAGR) of 9.5% over the forecast period.

Market Drivers and Opportunities

The projected growth of the micro irrigation systems market is fueled by several key factors, including the growing demand for efficient food production, the adoption of modern farming techniques, and an increasing emphasis on water conservation.

A significant opportunity in this market is the integration of micro irrigation systems with precision agriculture technologies. Recent advancements in machine learning, data analytics, and the Internet of Things (IoT) are enabling precision agriculture solutions that improve crop yields, optimize water usage, and help mitigate the impacts of climate change. By combining micro irrigation systems with these advanced technologies, farmers can achieve more precise control over water and nutrient distribution, enhancing crop growth and minimizing waste.

Sustainability Trends:

Sustainability is becoming a prominent trend in the micro irrigation systems market. With growing concerns about water scarcity and environmental sustainability, there is an increasing demand for irrigation systems that utilize recycled or treated wastewater and minimize the use of chemicals and fertilizers. To meet this demand, manufacturers are exploring new materials, designs, and technologies that enable sustainable agricultural practices while ensuring high crop yields.

Automation and Mechanization:

The rise of automation and mechanization in agriculture is shaping the future of the micro irrigation systems market. As labor costs increase and labor shortages become more prevalent, farmers are increasingly adopting automation technologies to enhance efficiency and streamline operations. This shift has led to the development of advanced irrigation systems that can self-regulate and adapt to environmental changes, reducing the need for manual intervention and maximizing productivity.

Vertical Farming and Urban Agriculture:

The growth of vertical farming and urban agriculture presents unique opportunities for the micro irrigation systems market. With urban populations rising and a growing demand for locally sourced produce, there is increasing interest in sustainable and efficient food production methods. Micro irrigation systems are well-suited for these applications, allowing for crop cultivation in confined spaces with minimal water and nutrient usage.

Overall, the micro irrigation systems market is set for substantial growth in the coming years. Manufacturers that capitalize on these emerging opportunities and trends are likely to become leaders in the industry.

In-Depth Market Analysis: A Complete Report

Key Takeaways from the Phospholipid Market:

As per FMI analysis, the United States currently is expected to grow at a CAGR of 9.9% during the forecast period.
Germany emerged as a significant player in the micro irrigation systems industry, with a market share of 9.8% during the forecast period.
The growth of micro irrigation in India has risen strongly with a CAGR of 9.6% during the forecast period.
Drip irrigation systems are projected to account for more than 60% of the overall market through the end of 2033.

“Growing demand for water-efficient irrigation systems is driving the global micro irrigation systems market growth”, remarks an analyst at FMI.

How Key Players are revolutionizing the Manufacturing of Micro Irrigation Systems market?

The competitive landscape of the Micro Irrigation Systems market is highly fragmented, with numerous players operating in the market. The market is dominated by a few players, and the remaining players operate in niche segments.

The market players are engaged in strategic partnerships, collaborations, and mergers and acquisitions to enhance their market share and expand their product portfolios. For instance, in 2022, Rivulis Irrigation Ltd. acquired Maverick Enterprises, a leading provider of drip irrigation solutions for vineyards and orchards in the United States. This acquisition helped Rivulis to strengthen its position in the North American market.

The leading companies are investing in research and development activities to introduce innovative products in the market. For instance, in 2023, Netafim Ltd. launched a new product line of micro-sprinklers that offer higher uniformity and greater flexibility in application. This product launch helped the company to cater to the evolving demands of the customers and expand its product portfolio.

Overall, the Micro Irrigation Systems market is highly competitive, and market players are adopting various strategies to maintain their market position. With the growing demand for efficient and sustainable irrigation solutions, the competition in the market is expected to intensify in the coming years.

Key Players in the Micro Irrigation Systems Industry:

Netafim Ltd.
Jain Irrigation Systems Ltd.
The Toro Company
Rain Bird Corporation
Hunter Industries
Valmont Industries
Rivulis Irrigation Ltd.
Lindsay Corporation
Reinke Manufacturing Company Inc.
EPC Industries Ltd.
T-L Irrigation
Elgo irrigation
Sistema Azud SA
Nelson Irrigation Corporation
Chinadrip Irrigation Equipment Co. Ltd.
Kisan Irrigation Ltd.
Finolex Plasson Industries Pvt. Ltd.
Ripple Aquaplast
Irritrol
Eurodrip SA. (indicative list)

Recent Developments in the Micro Irrigation Systems Industry:

In April 2023, Rain Bird Corporation and Flume collaborate to develop Next Gen water management and data solutions.

More Insights Available

Future Market Insights offers an unbiased analysis of the micro irrigation systems market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the micro irrigation systems market, the report is segmented on the basis of System Type (Drip Irrigation, Micro/Mini Sprinkler Irrigation, Conventional Sprinkler Irrigation, Traditional Sprinklers, Central Pivot Sprinklers and Lateral Move Sprinklers) End Use (Small Farmers, Large Private & Corporate Farms, Government Facilities and Other Small-Scale Operations across 5 major regions (North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan, and Middle East & Africa).

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Automotive Window Regulator Market Expected to Surpass USD 21.2 Billion by 2031, Driven by 4.5% CAGR | FMI Reports

The global automotive window regulator market is projected to surpass USD 21.2 billion by 2031, with a steady compound annual growth rate (CAGR) of 4.5% throughout the forecast period.

The market’s growth is driven by the increasing integration of advanced automated features by automobile manufacturers, highlighting significant advancements in vehicle automation. One notable trend is the shift from manual to automated window regulators, which mirrors the broader evolution within the automotive industry.

Asia Pacific Excluding Japan (APEJ) to Lead the Market

The Asia Pacific Excluding Japan (APEJ) region is expected to remain the largest market for automotive window regulators in terms of volume, with a projected CAGR of 4.4% during the forecast period. In 2017, the APEJ region recorded sales of 211,633 thousand units of automotive window regulators, a figure expected to exceed 300,000 thousand units by 2027.

Furthermore, the Middle East & Africa (MEA) region is anticipated to become the second-most lucrative market for automotive window regulators by the end of 2027, with a forecasted CAGR of 4.3% through 2027.

OEM to Remain the Preferred Sales Channel:

The original equipment manufacturer (OEM) channel is projected to be the dominant sales channel in terms of volume. By the end of 2027, global sales of automotive window regulators through OEMs are expected to approach 500,000 units. Both OEM and aftermarket sales channels are anticipated to expand at a similar rate, with a 3.3% CAGR during the forecast period.

Despite this growth, the aftermarket channel is expected to hold a smaller market share by 2027. This is largely due to the low breakdown and replacement rates of automotive window regulators, as well as consumer preference for maintaining the original equipment in their vehicles.

Passenger Cars to Exhibit Highest Demand for Automotive Window Regulators by 2027-end:
Adoption of automotive window regulator is expected to remain highest in passenger cars, based on vehicle type. Demand for automotive window regulator in passenger cars is expected to reach 530,539 thousand units by 2027-end. In contrast, HCVs are estimated to exhibit lowest demand for automated window regulator during the forecast period.

By construction, cable type automated window regulators will remain preferred in the market. In terms of volume, demand for double rail cable is projected to grow at 3.9% CAGR through 2027.

On the basis of product type, automated window regulators will remain dominant in the market, with their sales projected to exceed 500,000 thousand units by 2027-end. This is attributed to functionality and lightweight characteristics offered by automated window regulators.

In contrast, manual window regulators will witness a sluggish growth in sales during the forecast period. Frequent wear & tear off and complex structure of manual window regulators will impede their demand growth.

In-Depth Market Analysis: A Complete Report

Increasing Demand for Personal Vehicles to Sustain Market Growth in APEJ:
India and China are prominent markets for car manufacturers owing to growing population and increasing need for personal vehicles. In addition, many banks and financial institutes are offering various loan schemes, making it easy for people to own a car. These factors are expected to sustain market growth in APEJ. In contrast, people in this region are shifting toward power window regulator, owing to their better functionality. This is estimated to restrain growth of the market in APEJ.

Demand for aftermarket is witnessing a surge in MEA, owing to absence of manufacturing plants in this region. GCC countries import cars form other regions for sale. Increasing consumer dependence on aftermarket is projected to fuel market growth in MEA. In contrast, factors such as political unrest and sluggish demand for automotive industry are expected to impede market growth in MEA during the forecast period.

Leading Key Players:

Brose Fahrzeugteile GmbH & CO. Kg
Grupo Antolin- Irausa SA
Hi- Lex Corporation
Imasen Electric Industrial Co. Ltd
Valeo SA
Magna International
Shiroki Corporation
Continental AG
Robert Bosch GmbH
Kongsberg Automotive
Castellon Automotive
Inteva Products
Johnan Manufacturing
Kuster Holding GmbH
IFB Automotive Pvt. Ltd
Tokai Rika
Aditya Auto Products and Engineering Pvt. Ltd

Automotive Window Regulator Market Segmentation:

By Product Type:

Manual
Automated

By Construction Type:

Cable Type
- Single Rail
- Double Rail
Arm Type
- Single Arm
- X Arm

By Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

By Sales Channel:

OEM
Aftermarket

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Future Outlook: Electric Scooter Market Set to Reach USD 24.8 Billion by 2033, with a CAGR of 9.1%| FMI Reports

The electric scooter market is projected to reach a valuation of USD 10.4 billion in 2023 and is expected to grow significantly to USD 24.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of 9.1% over the forecast period. This growth is largely driven by government initiatives promoting the adoption of electric vehicles, including scooters, and by increasing consumer demand for eco-friendly transportation options.

As the market expands, electric scooters with lighter designs and improved battery life are becoming more popular, contributing to significant revenue growth. The rising consumer awareness of the advantages of environmentally friendly transportation is a key factor propelling this market forward.

Growing environmental awareness, along with concerns about air pollution and carbon emissions, has accelerated the transition to electric vehicles. Electric scooters, as zero-emission alternatives to traditional gasoline-powered vehicles, provide a more sustainable commuting option. Advancements in battery technology, particularly with lithium-ion batteries, have greatly improved the range, performance, and affordability of electric scooters. These technological enhancements have led to batteries that last longer and charge more quickly, further increasing the appeal and adoption of electric scooters.

Key Takeaways from the Electric Scooter Market Report:

From 2018 to 2022, the electric scooter market demand expanded at a CAGR of 7.1%
Based on product type, the maxi electric scooter segment is expected to account for a CAGR of 9.0% during the forecast period.
Global electric scooter demand in the United Kingdom is predicted to account for a CAGR of 8.9% through 2033.
In the United States, the market is expected to account for a CAGR of 0 % between 2023 and 2033.
China is projected to expand by a value CAGR of 8.7% between 2023 and 2033.
By 2033, the electric scooter market in India is anticipated to record a CAGR of 8.5% during the forecast period.

In-Depth Market Analysis: A Complete Report

Competitive Landscape:
Leading electric scooter manufacturers increasingly focus on expanding their product offerings to strengthen their customer base. They are adopting growth strategies such as new product launches, partnerships, acquisitions, mergers, collaborations, etc. They expand their global footprint and gain a competitive edge in the market by following these strategies.

Several industry participants in the global electric scooter market also concentrate on providing their customers with interchangeable battery technologies for a more extended range.

In December 2021, with an investment of Rs 300 crore, Bajaj Auto Ltd. revealed that it will establish an electric vehicle production facility in Akurdi, Pune. The factory, on which work has already started, will be able to produce 5,000 EVs annually and will serve both domestic and international markets.

In August 2021, in India, Ola introduced the Ola S1 series, the company’s first e-scooter. The Ola S1 and Ola S1 Pro models of the electric scooter were released.

In August 2020, with a top speed of 25 km/h, Okinawa Autotech unveiled the R30, a new electric scooter that falls into the low-speed category.

Leading Key Players:

Alta Motors
Ather Energy
BMW Motorrad International
Cezeta
Energica Motor Company
Hero Eco
Johammer e-mobility GmbH
KTM AG
Mahindra GenZe
Ninebot Limited
Okinawa Autotech Pvt. Ltd
ReVolt Electric Motorbikes
Xiaomi
Yamaha Motor Company Limited.

Electric Scooter Market Segmentation:

By Product Type:

Standard
Folding
Self-Balancing
Maxi
Three-Wheeled

By Battery Type:

Li-Ion
NiMH
Lead-Based

By Technology:

Plug-In
Battery

By Region:

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

About Future Market Insights (FMI)

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

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Germany Leads Growth in Cetanol Market Share Amidst Expanding Applications in Skincare and Food & Beverage

The global cetanol industry size is worth USD 411.26 Million in the year 2022 and is expected to reach USD 651 Million by the year 2032 at a CAGR of 4.7% between 2022 and 2032.

The application areas include cosmetics, food & beverages, pharmaceuticals, cosmetics, and various other applications like lubrication for the mechanical parts. Coming to personal care, it’s used in lotions, face washes, creams, and shampoos. Cetanol is also used in the form of an emollient to do away with chapping and drying of skin. As such, cosmetics vertical dominates the cetanol market and the situation is expected to remain unchanged even going forward.

The roles played by cetanol include that of a thickener, emollient, co-emulsifier, and moisturizer. It has been observed that lotions have enhanced their foaming capability through cetanol. As an outcome, personal care vertical would be finding cetanol indispensable in the upcoming period.

At the same time, there are certain factors restraining the cetanol market. With consumers opting for chemical-free cosmetics and personal care products, the cetanol market may take a backseat. Also, there have been reports stating that cetanol’s presence in cosmetics and personal care could cause dermatitis in those having sensitive skin.

The negative effects include stinging, burning, inflammation, and redness. Besides, those contracting eczema could show sensitivity toward cetanol. This could be owing to the impurities apart from cetanol itself.

Cetanol acts as a lubricant for bolts and nuts and is one of the active ingredients in certain ‘liquid pool covers’, thereby forming a non-volatile surface layer for reducing the evaporation of water. It could also be used in the form of a non-ionic co-surfactant in emulsion applications.

As stated above, cetanol, as a thickener, is used in shampoos to formulate healthy skin creams/lotions. Additional utilization includes formulating soaps and cleansers.

Cetanol is also known for adsorption in the epidermis layer; wherein it enables skin’s softening. Anti-aging creams and the healthy skin care items are in great demand amongst the matured population in developed economies; thereby substantiating the demand for cetanol.

Future Market Insights has walked through these facades with insights in its latest market study entitled ‘Cetanol market’. The Indigenous team of analysts and consultants is there with its 360-degree view embedded in its primary, secondary, and tertiary research; and, not to forget – macros, as well as micros, are in place.

“With cosmetic products being increasingly adopted all over, the global cetanol market is expected to grow inadvertently in the forecast period”, – Future Market Insights.

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Key Takeaways from the Cetanol Market

North America and Europe collectively hold more than 50% of the market share. This could be credited to increased purchasing power of the economies in these regions and the status quo is expected to remain the same even going forward. Europe is led by Germany and France, followed by the UK and Italy.
The Asia-Pacific is expected to grow at the highest rate in the near future due to the youth driving sales of cetanol. India, South Korea, Japan, and China are likely to lead from the front.
MEA has been revolving around Halal & Kosher certification. Cetanol suppliers are looking forward to encashing on the same; thereby increasing penetration of cetanol herein.

Competitive Analysis in the Cetanol Market

Some of the market participants in the global cetanol market identified across the value chain include:

Surfachem Group Ltd
Pure Spa Aromatherapy
Acme-Hardesty Company
Agricole Bio-Technology Pte Ltd
Suriachem Sdn Bhd
Stoney Hill Farm
Timur Network Malaysia Sdn.Bhd
Acme-Hardesty Company
Naturallythinking
Lansdowne Chemicals Plc.

What does the Report say?

The research study is based on form (liquid cetanol and waxy solid cetanol), by application (emulsification, conditioning agent, surfactant, thickening agent, antioxidant, and emollient), and by end-use (food industry, personal care, cosmetics, skin care, hair care, sun care, and pharmaceutical).
With cosmetic products doing the rounds, the global cetanol market is likely to grow graciously in the cetanol market.

Cetanol Market Key Segments

By Form:

Liquid Cetanol
Waxy Solid Cetanol

By Application:

Emulsification
Conditioning Agent
Surfactant
Thickening Agent
Anti-oxidant
Emollient

By End-Use:

Food Industry
Personal Care
Cosmetics
Skin Care
Hair Care
Sun Care
Pharmaceutical

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Rising Demand for Borosilicate Glass in Electronics and Semiconductors to Boost Market Expansion in Forecast Period

The global borosilicate glass market production is expected to create opulent growth opportunities over the forecast period with the projection of a CAGR of 7% from 2022 to 2032. The industry size is anticipated to surge from USD 2.03 Billion in 2022 to USD 4 Billion in 2032. The growth of the market can be attributed to the development of the solar power industry.

The dominant players in the market actively participate in developing the market. Key players in the market are actively collaborating with other dominant companies which are expected to grow the customer supply chain. Such initiatives are anticipated to positively impact the borosilicate glass demand in the region and strengthen the industry in the forecast period.

On the basis of the product type, the non-alkaline-earth borosilicate glass segment is predicted to generate a significant market share throughout the forecast period. The growth of the market is accelerated by several benefits offered such as thermal and chemical resistance, surface performance, and flawless light transmission. The product is gaining significant traction for the purpose of piping, flasks, glass containers, and glass tubing.

The product is expected to witness substantial demand from the chemical industry, thereby, strengthening the segmental growth in the forecast period. The propelling demand for borosilicate glass in the electronics and semiconductor industry is expected to play a significant role in driving the market in the forecast period.

APAC is expected to anticipate an opportunistic market over the assessment period. The growth of the market can be attributed to the surging urbanization and the rising disposable income among various developing nations of the region. Furthermore, the expansion of electronic and semiconductor industries in the region is known to be identified as another vital reason for offering growth opportunities to the market in the forecast period. South Korea, Japan, and Taiwan are booming markets for the electronics and semiconductor industries, thus, bolstering the borosilicate demand during the forecast period. Increased consumption of electronic devices with the rise in disposable income is expected to propel market growth in the forecast period

Key Takeaways in the Borosilicate Glass Market

The drastic development of the solar power industry is expected to play a crucial role in driving the market throughout the projection period. In addition to that, growing environmental regulations across the globe are likely to surge demand for solar energy, thus, propelling demand for borosilicate glass.
Several countries like Germany, China, Spain, and the United States have some of the largest solar resources across the globe. Attributing to the rising awareness concerning the environment, developed and developing nations are taking initiatives to implement solar panels, which are expected to benefit the market in the forthcoming period.
Supportive government policies are known as other factors that are expected to strengthen the solar industry, therefore, driving the borosilicate glass market during the forecast period. The Indian government initiated the International Solar Alliance (ISA). This initiative aims to send a strong message to several nations across the globe regarding the growing climate change. India pledged to install 175 GW of renewable energy of which 100 GW will be solar by 2022. Due to such progressive initiatives of developing countries, the market for borosilicate is expected to flourish in the forecast period.
In addition to that, various countries including the U.S., China, and the European Union are working on implementing policies like investment tax credits, capital subsidies, and FiT. Such factors are expected to grow demand for borosilicate as these policies aim to strengthen the solar power sector. The borosilicate glass market graph is expected to witness a significant rise during the forecast period.

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Competitive Landscape in the Borosilicate Glass Market

Players in the global borosilicate glass market are focusing on research and developments along with collaborations with other dominant companies in order to get an edge over the market across the projection period.

Corning Incorporated
AGC Inc.
SCHOTT AG
Swift Glass
Hangzhou AiJia‘s Glass Products Co., Ltd.
Borosil Glass Works Ltd.
Hilgenberg GmbH
Gerresheimer AG
Noble Glass Works Pvt. Ltd.
Kavalier

More Insights into the Borosilicate Glass Market

According to the FMI analysis, the North American region is anticipated to dominate the global borosilicate glass market over the assessment period. The domination of the region can be attributed to the expansion of pharmaceutical packaging and the growing adoption of solar energy tubes. The U.S. is projected to lead the regional market in the assessment period.

Key Segments Profiled in the Global Borosilicate Glass Market

by Type:

Non-Alkaline-Earth Borosilicate Glass
Alkaline-Earth-Containing Borosilicate Glass
High-Borate Borosilicate Glass

by End-Use Industry:

Laboratories & Pharmaceuticals
Electronics & Semiconductor
Lighting
Home & Commercial Appliances
Automotive

by Region:

North America
Latin America
Europe
Asia Pacific
MEA

About Future Market Insights (FMI)

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

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Titanium Tetrachloride (TiCl4) Market Expansion Driven by Aerospace Demand and Chemical Industry Trends

The titanium tetrachloride (TiCl4) market growth is expected to reach USD 15131.84 Million in 2032, from USD 10028.01 Million in 2022. The rising demand for the market is attributed to its increasing use in the dyes & pigments industry and in the chemical industry. The industry is anticipated to register a stable CAGR of 4.2% during the forecast years from 2022 to 2032. Its widespread application is expected to propel the titanium tetrachloride (TiCl4) market key trends and opportunities.

The significant production in the aerospace fleet all over the world is casting a positive impact on the global Titanium Tetrachloride (TiCl4) Market. Owing to this reasonable rise, the demand for Titanium Tetrachloride (TiCl4) Market.

Key Takeaways

Various market players are focusing on expanding their production capacity in order to cope with the rising demand for titanium tetrachloride (TiCl4) and to strengthen their position in the titanium tetrachloride (TiCl4) market.
The rising possibilities of titanium tetrachloride (TiCl4) in the chemicals & materials industry are expected to propel owing to its rising demand. The widespread use of this compound is due to its surged demand from end-user industries.
According to the FMI predictions, over the next few years, the utilization of products as pigments in paints and coatings formulations is anticipated to drive titanium tetrachloride (TiCl4) market trends and outlook. Over the past few years, there has been an increase in demand for lightweight vehicles in developing countries.
It has been predicted that over the past few years, the utilization of products as pigments in paints and coatings formulations is predicted to drive titanium tetrachloride (TiCl4) market trends and outlook. Furthermore, there has been a surge in demand for lightweight vehicles in the automotive industry in developing countries.
In order to recover from the financial crisis, the automotive industry in various developed regions such as Western Europe and North America is showcasing promising trends in the market.
The rise in the paints and coatings industry has resulted in progressive growth in the titanium tetrachloride (TiCl4) market, especially in lightweight vehicles is expected to drive demand in the market.

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Competitive Landscape

The key players in the Titanium Tetrachloride (TiCl4) Market are focusing on manufacturing operations all over the world. Some of the prominent key strategies include strategic acquisitions, product launches, and long-term off-take agreements with customers by titanium tetrachloride (TiCl4) market players.

Key Companies Profiled in Titanium Tetrachloride (TiCl4) Market are:

Huntsman International LLC
DowDuPont Inc.
Kronos Lab Sciences Pvt. Ltd.
Tronox Limited
ISK Industries
CRISTAL
The Kerala Minerals & Metal Ltd.
Merck KgA

More Insights into the Titanium Tetrachloride (TiCl4) Market

North America and Europe are anticipated to hold a dominant position in the global Titanium Tetrachloride (TiCl4) Market by attributing to the highest share in terms of demand. Market expansion is one of the primary factors that is expanding its reach into the aerospace fleets and chemical industries.

Stringent government regulations in Europe and North America are expected to grow at a robust pace with a healthy growth rate. The rising demand for titanium tetrachloride (TiCl4) in chemical dyes and aerospace industries is anticipated to surge at a lightning-fast pace in China and South Korea, driving demand for titanium tetrachloride (TiCl4) in the region.

Due to the abundant availability of raw materials and reasonably low cost of production, China is expected to garner the lion’s share in the titanium tetrachloride (TiCl4) market on the basis of its production.

Across the projection period, China is expected to grow at an exponential pace. Furthermore, titanium tetrachloride (TiCl4) market growth in Latin America, the Middle East, and Africa is expected to be slow over the forecast period.

Key Segments

By Production Process:

Chlorination
Magnesium Thermal Reduction
Sodium Thermal Reduction
Aluminum Reduction

By Derivatives:

Titanium Nitride
Titanium Dioxide
Titanium Metal
Smoke Screens
Others

By End Use:

Aerospace
Defense
Dyes
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
The Middle East & Africa

About Future Market Insights (FMI)

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

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Antimony Demand Forecast: How Flame Retardants and Electric Vehicles Are Shaping the Market in 2032 and Beyond

The global antimony industry demand is predicted to reach a value of USD 2.9 billion in 2032 as opposed to an estimated USD 2 billion in 2022. The market is slated to expand at an average CAGR of 4% from 2022 to 2032. Historically, the market was valued at USD 1.7 billion in 2021 at the end of the observation period of 2015 to 2020.

Heightened demand for antimony in the production of flame retardants and lead acid batteries during the forecast period will facilitate the growth of the antimony market. Since flame retardants have gained extensive usage across multiple industrial verticals, the prospects for the antimony market are bright over the upcoming years.

Antimony can be found in both metallic and non-metallic forms. While the metallic form is a bright silvery material that is brittle, the non-metallic antimony form is a grey powder. Antimony acts as a stable element in dry air- inert to acids and alkalis. It expands when cooled and is an inefficient conductor of heat and electricity. These attributes make antimony a preferred choice for flame retardant production which, in turn, supplements the market growth.

Lead acid batteries also generate a high demand for antimony. Since lead-acid batteries find expansive applications in different sectors including marine, electric electronics, and automotive, it also augments the sales of antimony in the upcoming years. An upsurge in demand for electric vehicles will spur the demand for antimony while consumer goods, automobiles, and textile industries will also create growth opportunities for the antimony market. Consequently, macroeconomic factors like GDP growth and the increasing purchasing power of consumers are also accountable for the growth of the antimony market.

However, the market for antimony is not without its share of challenges during this period of observation. Health issues like respiratory problems, skin conditions, lung cancer, and other medical conditions can result from antimony exposure. Many environmental hazards are also associated with antimony. These aspects can significantly slow down the market growth between 2022 and 2032.

Key Takeaways in Antimony Market:

Implementation of stringent regulatory measures regarding the use of antimony will limit the growth of the market during the assessment period.
Asia Pacific’s antimony market will dominate the global marketplace due to intense demand in China.
Demand for antimony’s fire-resistant properties will propel the market forward in Europe.
High demand for fire retardants in the plastic industry along with other sectors will account for the steady growth of the antimony market during the forecast period.

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Competitive Landscape in the Antimony Market

Some of the prominent players in the antimony market are profiled in the full version of the report

Shanghai Metal Corporation
Qingdao Glory International Trading Co.
Campine NV
Yiyang Huachang Antimony Industry Co., Ltd
Korea Zinc Co., Ltd
BASF SE
US Antimony

Leading market players are focusing on the adoption of innovative and sustainable production processes. These enterprises also employ various organic and inorganic business strategies to enhance their market position.

More Insights into the Antimony Market

FMI offers the latest, unbiased, and detailed analysis of the global antimony market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (antimony trioxide, antimony pentoxide, antimony alloys, antimony metal ingots, other antimony products), application (flame retardants, lead-acid batteries, plastic additives, stabilizers, catalysts, glass and ceramics, others), end-use (chemical, automotive, electrical and electronics, other end-use industries), and region.

According to the FMI reports, based on segmentation, the flame retardant application will likely dominate the overall market space owing to antimony’s flame-resistant properties. In terms of end-use industries, the chemical and automotive sectors will generate high demand for the market. Based on region, the antimony market in the Asia Pacific region will exhibit considerable growth. The target market in this region will dominate the global marketplace. This is mainly due to the immense demand for antimony in China. The country controls over 80% of global antimony production. In addition, the high GDP growth of Asia Pacific will also aid the market growth. Europe, too, will contribute to the global growth of the antimony market during the projection period.

Key Segments Profiled in the Antimony Industry Survey

Product Type:

Antimony Trioxide
Antimony Pentoxide
Antimony Alloys
Antimony Metal Ingots
Other Antimony Product Types

Application:

Antimony Flame Retardants
Antimony Lead-Acid Batteries
Antimony Plastic Additives
Antimony Stabilizers
Antimony Catalysts
Antimony Glass and Ceramics
Antimony Others

End-Use Industry:

Chemical Industry
Automotive Industry
Electrical and Electronics Industry
Other End-Use Industries

Region:

North America
Latin America
Europe
APEJ
Japan
Middle East & Africa

About Future Market Insights (FMI)

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

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Surge in Fixing Agent Demand: Key Component Enhancing Dye Color Fastness Across Multiple Industries

The global fixing agent industry size was worth USD 2.97 Billion in the year 2021 and is expected to reach USD 5.24 Billion by the year 2032 at a CAGR of 5.3% between 2022 and 2032.

The overall application areas of fixing agents include dyestuff business, polymer vertical, food and beverages vertical, chemicals, and likewise. Cationic dye-fixing agent tends to have higher molecular weight. It’s used to fix cellulose dyed/printed with direct and reactive. Textile chemicals are also being increasingly used in home furnishings in the construction industry. With a growing inclination toward high-class clothes, the global fixing agent market is likely to grow on a remarkable note in the near future.

Fixing agents is in huge demand as it’s amongst the key components in the printing and dyeing industries; as it helps in the improvement of dye color fastness. Both – liquid and solid forms (anionic and cationic) of fixing agents are preferred as per convenience. Textile verticals have faced revolutionary alterations of late; with textile patterns changing due to technical enhancements and altering fashion trends. This factor is expected to catalyze the fixing agent market going forward.

At the same time, the fact that dye fixing agents have poor wash fastness properties could not be ignored. This could be a restraining factor to the fixing agent market going forward. Plus, higher fragmentation lowers the power of bargaining of suppliers.

Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Fixing Agent Market’. The team of analysts and consultants is there to execute through its 360-degree approach in its primary, secondary, and tertiary modes of research.

“With drastic change in textile printing pattern as an outcome of altering fashion trends coupled with technical breakthroughs, the global fixing agent market is bound to grow voraciously in the upcoming period”, says an analyst from Future Market Insights.

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Key Takeaways from Fixing Agent Market

The Asia-Pacific holds the largest market share with Japan, China, and India leading from the front.
Europe and North America are expected to go steady with respect to the fixing agent market in the near future.
MEA would also grow at a rapid pace with textile industry improvements, and refinery repairs being ushered herein.

Competitive Agents in the Fixing Agent Market

HT Fine Chemical Co., Ltd., in the year 2019, came up with a new-fangled product called ‘Dye Fixing Agent’ to meet the ever-increasing demand in dyeing and printing verticals.
Viswaat Chemicals Ltd. has its VICAFIX HCNF and VICAFIX HCNF50 – the former is a non-formaldehyde dye fixing agent for direct and reactive dyes and the latter exists in concentrated form.
Avocet has its Cetafix AFA liquid/powder and Cetafix R liquid/powder. They are formaldehyde-free fixing agents meant to improve the wet fastness of the cotton fibers dyed with the direct dyes, and printed or dyed with the reactive dyes. The first one is anionic and the second one is cationic.
DyStar, in February 2018, collaborated with RotaSpray to develop an indigo spray dyeing procedure to facilitate mass production that lets denim producers minimize the environmental impact.

Fixing Agent Market Key segments

By Product Form:

Solid
Liquid

By Product Type:

Cationic Fixing Agent
Cetylpyridinium Chloride
Cetylpyridinium Bromide
Polyamine Contraction
Cross-linking Fixing Agent
Anionic Fixing Agent
Zinc Salt
Acetic Acid
Acetone
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

What does the Report fix?

The research study is based on product form (solid and liquid), by product type (cationic fixing agent, cetylpyridinium chloride, cetylpyridinium bromide, polyamine contraction, cross-linking fixing agent, anionic fixing agent, zinc salt, acetic acid, acetone, and likewise).
With stiffness, effective resistance against moisture, flame, and comparatively higher crease, the global fixing agent market is meant to grow explicitly in the years to come.

About Future Market Insights (FMI)

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

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