Aromatherapy Market is expected to be valued US$ 11.8 Billion by 2029

The aromatherapy market is estimated to be valued at ~US$ 4.6 Bn in 2019, unveils the new research study by Future Market Insights (FMI). According to the report, the aromatherapy market is projected to grow by ~7% YOY in 2020, primarily influenced by greater emphasis on good health and wellness.

Expansion of Product Lines by Essential Oil Manufacturers

In order to cater to growing demand for essential oils possessing therapeutic properties, various essential oil and diffuser manufacturers are focusing on expanding their product line in the aromatherapy market. For attracting new customers, companies are not only focusing on expanding their distribution network to hypermarkets and supermarkets, but also to premium drugstores and department stores.

Major companies in the aromatherapy market are adopting multi-level or referral marketing strategy to gain distinct competitive edge. Introduction of membership plans are gaining momentum among the aromatherapy market players, where specific members are given significant discount on aromatherapy products. These members are also known as independent salespeople (independent business owners (IBO)) or consultants. Consultants refer essential oils to others and earn some sort of incentives and discounts on their purchase.

Sales via rapidly penetrating e-commerce channels remain a prominent strategy adopted by key players in the recent years. Companies such as Young Living and doTerra, are actively engaging their customers to sign up as distributors to increase the sales of their new products through multi-level marketing plan. In the multi-level marketing strategy, companies are providing membership incentives, rewards, compensation plans, opportunity products, etc. These initiatives taken by the company is thus likely to influence the overall growth of the aromatherapy market.

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Added Benefits of Essential Oils for Various Ailments Aiding the Market Growth

Aromatherapy acts as a complementary treatment in many viral and bacterial diseases such as acute respiratory infections, viral infections, influenza, and bronchitis. Aromatherapy can be used during prophylactic and therapeutic treatment regimens for many diseases such as Initial forms of atherosclerosis, coronary heart disease, neuro-dystonia, hypertension, hypotension, anxiety, depression, insomnia and many such disorders. Thus, added benefits and applications of essential oils in many indications will continue to account for greater gains in the aromatherapy market.

Aromatherapy – A Preferred Therapy to Improve Quality of Life

Studies have been conducted to prove the effectiveness of essential oils that support the body to heal. Essential oils such as thyme, rosemary, oregano, chamomile, and frankincense are used for the treatment of certain benign tumors to selectively harm or disable cancer cells while leaving healthy cells intact. Increasing inclination towards natural remedies provides good growth opportunities for players in the essential oil industry in the near future. Also, presently aromatherapy has been used for cancer patients as it reduces anxiety levels and relieves emotional stress, pain, muscular tension, and fatigue after chemotherapy or post radiation therapy.

Risk Factors Associated with Aromatherapy Restricting Market Growth

Some risk factors and complications are associated with aromatherapy as individuals have unique metabolism, vitality, and physical makeup. Therefore, acceptable dose for one may not be appropriate for others. Risk factors such as toxicity, skin sensitization, photosensitivity etc. have been reported with patients undergoing aromatherapy. However, many essential oils are contraindicated for use during pregnancy and breast-feeding due to their abortifacient properties. Thus, increasing apprehensions regarding the risks of essential oils and other complications result in low preference and reluctance for undergoing aromatherapy by patients, which in turn restrains revenue growth of the aromatherapy market to a certain extent.

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About 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, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Russia Viscosupplementation Market is expected to expand at the fastest and highest CAGR of 6.0% over the forecast period

Russia’s healthcare infrastructure will continue witnessing significant rise in number of orthopaedic patients as several bone & joint-related disorders are likely to be caused by people’s eating & drink habits, their proactive lifestyles and the country’s harsh weather conditions. Rising occurrence of joint-related ailments such as knee osteoarthritis in Russia are a result of people performing physical labour in severely cold weather conditions. This has necessitated the adoption of viscosupplementation as an ideal medical procedure for injecting lubricating fluid in bone joints during surgeries. An in-depth analysis of Russia’s viscosupplementation market, conducted by Future Market Insights, projects that demand for three-injection viscosupplementation will gain traction over the next decade.

According to Future Market Insights’ recent report, titled “Viscosupplementation Market: Russia Industry Analysis and Opportunity Assessment, 2016-2026,” nearly 70% of viscosupplementation revenues amassed across Russia in 2016 were accounted by three-injection viscosupplementation. The report estimates that the Russian viscosupplementation market incurred revenues worth over RUB 1.13 billion (US$ 19 million) in 2016. Registering a steady increment at 5.8% CAGR, Russia’s viscosupplementation revenues are expected to reach RUB 2.02 billion (US$ 34 million) by the end of 2026. With higher demand for three-injection viscosupplementation, Russia’s healthcare industry leaders will continue to extend production of three-injection viscosupplementation products as opposed to single injection and five-injection viscosupplementation products.

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The report also establishes projections regarding the end-use of viscosupplementation in Russia. Hospitals across the country will account for just above RUB 1.24 billion (US$ 21 million) revenues by the end of projection period. Within this, the demand for viscosupplementation will remain considerably higher in hospitals with capacity of more than 500 beds. End-use of viscosupplementation in Russia’s ambulatory surgical centres (ASCs) will remain nascent, while revenues accounted by orthopaedic clinics are expected to surpass RUB 595 million (US$ 10 million) through 2026.

Top Players in Russia’s Viscosupplementation Market

Top three established players in Russia’s Viscosupplementation market include Hyaltech, Croma-Pharma GmbH and TRB Chemedica. The market is fragmented with small players holding substantial market share. While Hyaltech, Croma-Pharma GmbH and TRB Chemedica collectively dominate with more than half of the country’s viscosupplementation revenues. International players such as Sanofi, Ferring Pharmaceuticals and Fidia Farmaceutici spa have low share as compared to the other players, Anika Therapeutics has recently launched their viscosupplementation product in Russia’s viscosupplementation market.

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About 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, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Radiopharmaceuticals Market Focusing on Current Trends, Leading with Top Key Players

As per Future Market Insights (FMI), driven by rising cases of cancer and cardiovascular diseases, radiopharmaceutical market registered steady year-on-year growth at 4.90% CAGR in 2021.

Increasing development of radioisotopes to curb the cases of cancer have propelled the market demand, topping a valuation of US$ 6,107.2 Mn in 2021. Rising cases of prostate and breast cancer, especially in developed countries including the U.S., the U.K., and Germany, have increased the application of radiopharmaceuticals.

Government initiatives and research activities undertaken to develop advanced radioisotopes for the treatment of cancer and to develop novel therapeutics will boost the demand. Also, introduction of novel technologies such as Positron Emission Technology and others in nuclear imaging systems will bolster growth.

However, due to the global shutdown witnessed in the FQ-20 in response to the COVID-19 outbreak, growth declined considerably. Suspended production of radioisotopes and disruption in the research activities delayed the deployment of projects in the healthcare sector.

Although, with increasing development activities and increasing commercialization of radiopharmaceuticals by industry giants have picked up the pace for the growth of market. Alongside this, increasing cases of cancer will accelerate the development of nuclear medicines in the field of radiopharmaceuticals.

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Increasing preference of non-invasive medical therapies and production of radioisotopes for the treatment is another factor that will stabilize the growth of radiopharmaceuticals market. Based on this, FMI projects the market is poised to expand at over 4.66% CAGR during the forecast period of 2021 and 2031.

Key Takeaways from FMI’s Radiopharmaceuticals Market Study

  • In terms of application, oncology will contribute over 50% of global market share owing to the rising prevalence of cancer across the globe.
  • Cyclotrons are expected to be the primary source of radiopharmaceuticals, accounting for maximum market share
  • Based on radioisotope type, technetium-99 will remain highly preferred radioisotope in the global radiopharmaceutical market
  • The U.S. will retain its global dominance backed by the high cancer and cardiovascular cases rising in the country
  • India will emerge as lucrative market owing to the favorable government initiatives promoting the radiopharmaceuticals market
  • Germany and the U.K. are spearheading the growth of Europe market, which is projected to grow at over 4.9% CAGR

Competitive Landscape

Leading radiopharmaceuticals market players are focusing on expanding their customer base through strategic mergers and acquisition. Increasing research and development activities to develop advanced radioisotopes for the cancer treatment is another core strategy adopted by leading players.

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Top 5 players including Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., and Eckert & Ziegler are dominating the global radiopharmaceuticals market, contributing over 90% of revenue share.

In March 2021, Novartis announced the commercialization and obtained the rights to develop the therapeutic applications of Fibroblast Activation Protein (FAP) targeting agents including FAPI-46 and FAPI-74, through an assignment agreement with iTheranostics, Inc., an affiliate of SOFIE Biosciences, Inc.

Along with it the company announced the production and commercialization of new nuclear medicine, 18F sodium fluoride radiopharmaceutical in France.

In November 2020, Blue Earth Diagnostics, a leading molecular imaging diagnostic company, unveiled that their manufacturing company, Nucleis has manufactured and shipped their first doses of rhPSMA-7.3 (18F), an investigational Prostate-Specific Membrane Antigen (PSMA)-targeted radiohybrid PET imaging agent, for patients with prostate cancer.

Another industry giant, Jubilant Pharma Limited Company, in 2019, announced the integration of its radiopharmaceutical drug development and manufacturing business with its radio-pharmacy business into a global radiopharmaceutical brand, Jubilant Radiopharma.

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More Insights on the Global Radiopharmaceuticals Market

In its new offering, Future Market Insights, offers detailed segmentation on global radiopharmaceuticals market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is classified on the basis of radioisotope type (technetium-99, fluorine-18, iodine-131, leutetium-177, yttrium-90, gallium-68, gallium-67, rubidium-82, iodine-123, iodine-125, indium-111, and others), application (oncology, cardiology, gastroenterology, neuroendocrinology, neurology, nephrology, and others), source (cyclotrons and nuclear reactors), end user (hospitals, diagnostic imaging centers, ambulatory surgical centers, and cancer research institute) across major regions (North America, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan).

About 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, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Polypropylene Random Copolymers Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2025

Polypropylene random copolymers are produced by modifying the fundamental structure of polypropylene by incorporating another monomer molecule. Ethylene being the most common monomer used. The ethylene molecules, in the polymer chain, are introduced randomly between the propylene molecules. The incorporation of ethylene causes change in the physical properties of polypropylene. Random copolymer polypropylene usually contains about 1 to 7 weight percent of ethylene molecules and around 93 to 99 weight percent of propylene molecules.

As compared to polypropylene homopolymers, random copolymers shows better optical properties like increased clarity and decreased haze, increased flexibility, improved impact resistance, and a lowered melting point resulting in a reduced heat-sealing temperature. However, exhibiting more or less the same chemical resistance, organoleptic properties like low taste and odor contribution, and water vapor barrier properties as polypropylene homopolymers. Random copolymers are generally produced in the same process configuration as the homo polymers.

Random copolymer polypropylenes finds use in blow molding, injection molding, and extrusion molding applications that require improved clarity and . They are used in medical packaging, food packaging, and consumer products.

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Global Polypropylene Random Copolymers Market: Region-wise Outlook

The global market share of Western European polypropylene random copolymers market is estimated to witness a drop from around 13.9% to about 11.4% in the forecast period. The fall is primarily due to a moderate increase in demand only in the largest national markets such as Germany, France, and Italy. Eastern Europe is expected to grow sharply, especially in the Russian packaging sector. The USA is reporting a recent increase in demand for polypropylene random copolymers. India and China continue to witness a huge increase of demand, owing to which Asia-Pacific is anticipated to account more than half of the total global demand by 2025.

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Global Polypropylene Random Copolymers Market: Drivers

The introduction of newer application areas, development of bio-based polypropylene and substitution of various other materials continuously offers high potential for growth for the global polypropylene random copolymers market.

Unconventional low feedstock prices are driving new capacity investment and thus rendering growth to the global polypropylene random copolymer market.

 

Global Polypropylene Random Copolymers Market: Key Players

Some of the major players identified in the global polypropylene random copolymer market are LyondellBasell Industries, Braskem, China Petroleum & Chemical Corporation (Sinopec), Total S.A., Entec Polymers, ExxonMobil, Sasol, Chevron Corporation, Royal Dutch Shell, ConocoPhillips, Borealis, Formosa Plastics Group, Reliance Industries, and SABIC etc.

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 Polypropylene Random Copolymers Market

Global polypropylene random copolymers market is segmented on the basis of applications, end-use, and regions

The global polypropylene random copolymer market is segmented on the basis of application into

  • blown film
  • blow molding
  • injection molding
  • extrusion molding

 

 

Road Aggregates Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2025

Aggregates are the major component that are used in road construction among all other materials. It is normally used as a base layer for road construction. Road Aggregates are the granular materials such as gravel, limestone, crushed rock that are used along with water, cement for their final application on roads. Road aggregates finds its application in construction of road over bridges, bypasses, flyover, stand-alone roads, tunnels, underpasses, and others. As there is surge for new road projects, the road aggregate market is expected to gear up in the coming years.

Global Road Aggregates Market: Region-wise Outlook

The global road aggregates market is projected to witness a moderate growth from 2015 to 2025. According to FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR in the coming years. Western Europe and North America are the matured market for global road aggregates market.

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Global Road Aggregates Market: Drivers

Investments in new and improved roads is accelerating the growth of road aggregates market. Aggregates are consumed in large quantities to meet the repairs & maintenance as well as the new road construction projects and other infrastructure development activities. It also includes many different grades of sand and gravel which vary in their geologic origin and in their processing techniques such as crushing, screening and washing. The product type is manufactured as per the engineering specifications required for the road projects.

Aggregate is not only used in the construction of new highways, but also in reconstruction, rehabilitation and widening already existing highways. Road standards are changing overtime, modifications in aggregate specifications have led to increased usage of percentages of stone, with greater amount of crushed particles. These changes have resulted in more aggregate being laid down on highways. All these factors together drive the road aggregates market during the forecast period.

Global Road Aggregates Market: Restraints

The restraints that are hindering the growth of global road aggregate market includes factors such as high cost of transport and environmental effects of the supply of aggregates.

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Global Road Aggregates Market: Competitive Landscape

Key players in the global road aggregates market focus on product innovation and introduction of new product grades in order to outperform competitors. Investment on research and development to provide high quality and different grades of road aggregates as per the changed aggregate specifications is also a major strategy that is followed by major players in the global road aggregates market.

Global Road aggregates Market: Key Players

Some of the major players identified in the global road aggregates market are LafargeHolcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates Ltd., Rock Road Companies Inc., Kuari Pati Sdn Bhd, Hanlon Concrete, etc.

The report covers exhaustive analysis on:

  • Road aggregates Market Segments
  • Road aggregates Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Road aggregates Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Road aggregates Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Road aggregates Market Drivers and Restraints

 

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

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Road Aggregates Market

Global road aggregates market is segmented into type, application, and region.

The global road aggregates market can be segmented on the basis of type which includes

  • granite
  • sand
  • gravel
  • limestone
  • crushed rock
  • others

On the basis of application the market can be segmented into

  • new construction
  • repairs & maintenance

The global road aggregates market can be segmented on the basis of region which includes

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East and Africa (MEA)

 

Advanced Automotive Materials Market By System Type, By End User, By Region, Industry Analysis and Forecast, 2025

The fundamental function of advanced automotive materials is to reduce the weight of a vehicle. These materials finds use in a number of automobile applications, including interior, exterior, structure, and powertrain, among others. Advanced automotive materials reduces the overall weight of the vehicle, increasing the efficiency and thereby reducing the overall fuel consumption. The advanced automotive materials possess better dimension stability than conventional materials, improved mechanical performance, and elevated service temperature.

Automotive OEMs are compelled to employ advanced automotive materials to ensure that the vehicles meet the increasingly stringent emission norms. A variety of factors involved in the evolution of advanced automotive materials are the necessity for improved fuel economy, growing vehicle performance requirements, higher power requirements, and the requirement for a superior driving experience.

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Global Advanced Automotive Materials Market: Segmentation

Global advanced automotive materials market is segmented into types of material, region, and application. The global advanced automotive materials market includes a variety of materials such as metals, engineered plastics, thermoplastic elastomers (TPEs), and composites. Metals are segmented into high-strength steel (HSS), stainless steel, aluminum, powder metals and others, whereas engineered plastics are segmented into nylon, ABS, polycarbonate, polyphenylene oxide, etc.

Thermoplastic Elastomers include thermoplastic vulcanizates, thermoplastic polyolefin, thermoplastic polyurethanes, styrene block copolymer, copolyester elastomer, and others. The composites are segmented into carbon fiber reinforced plastic (CFRP) and glass fiber reinforced plastic (GFRP). Region wise, the global advanced automotive market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and MEA and in terms of advanced automotive material applications the market is divided into interior, structural, exterior, structural, powertrain, and others.

 

Global Advanced Automotive Materials Market: Region-wise Outlook

In North America, the U.S. accounted for the largest share of the advanced automotive materials market in 2014. In the coming years, however, the developing regions like Asia Pacific are predicted to become lucrative regional markets for key players operating in the global advanced automotive materials market. Sizeable population, economic development, stringent regulations regarding emission, increasing knowledge regarding eco-friendly systems, and benefits of better fuel efficiency are the major factors driving the growth of the advanced automotive materials market in this region.

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Global Advanced Automotive Materials Market: Drivers

The growth of the advanced automotive market is expected to be driven mainly by constant pressure to reduce the vehicle weight, thus improving fuel efficiency leading to lower CO2 emissions. Other important driving factors for the growth of the global advanced automotive market includes focus on safety, durability, noise and vibration, by replacing the traditional materials.

New process technologies, improvements in resins and metal alloys helps increasing the attractiveness of advanced automotive materials manufacturing, encouraging growth. Advanced automotive plastics use, in particular, has been encouraged by lower tooling costs relative to other materials.

The global advanced automotive materials market growth is also driven by the fact that advanced automotive materials provide higher strength as compared to the ordinary materials, facilitating higher energy absorption during crash.

 

Global Advanced Automotive Materials Market: Restraints

Some of the factors hindering the growth of the global advanced automotive materials market are limited raw material, increasing pressure for materials recycling, particularly for engineered plastics, and low awareness towards benefits of advance automotive materials, etc.

Global Advanced Automotive Materials Market: Key Players

Some of the major players identified in the global advanced automotive market are AK Steel, National Steel, General Electric, DuPont, Bayer AG, A. Schulman, Alcoa, Norsk Hydro, Johnson Matthey, ThyssenKrupp AG, Toray Industries Inc., ArcelorMittal S.A., and Novelis Inc., etc.

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The report covers exhaustive analysis on:

  • Advanced Automotive Materials Market Segments
  • Advanced Automotive Materials Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Advanced Automotive Materials Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Advanced Automotive Materials Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Advanced Automotive Materials Market Drivers and Restraints

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

 

Waterborne Automobile Coating Market Trends, Segmentation, Outlook, Industry Report to 2025

Waterborne automobile coating products are the future of automotive coatings. All automotive paint manufacturers are working on this technology and have already realized the necessity and importance of waterborne products into both the OEM and refinished automotive coatings markets.

The transition from solvent-based coatings, such as urethanes, to waterborne is quickly taking place in the automotive industry. Waterborne coatings use water as a solvent to dissolve a resin, thus making these automotive coatings eco-friendly and easy to apply. In most of the cases, waterborne automotive coatings contain more than 75% of water with small quantities of other solvents such as ethers. Waterborne automotive coating are known to be environment friendly and also possess good resistance to heat and abrasion. To use a waterborne coating, a spray equipment designed for waterborne coating is usually preferred.

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Global Waterborne Automotive Coatings Market: Drivers & Restraints:

Increasing demand for waterborne coatings owing to its ability to protect automobiles against UV radiation, acid rain and bad weather is expected to drive the global waterborne automotive coating market. Moreover, growing automotive production in Asia-Pacific coupled with rising middleclass income is anticipated to fuel market growth over the forecast period. Surging waterborne coatings demand on account of increasing accidents and aging of vehicles is expected to augment the market demand over the forecast period.

Rising consumption of waterborne automotive coatings on account of their excellent chemical and physical properties such as low temperature processing, high chemical resistance and solvent free preparations is anticipated to drive automotive coatings demand. Waterborne automotive coatings are replacing solvent borne coatings owing to their cost advantage and other chemical properties. Moreover new investments by companies along with increasing number of production facilities is expected to further stimulate the global automotive waterborne automotive coatings market.

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Global Waterborne Automotive Coatings Market: Region-wise Outlook

In terms of geography, the global automotive exhaust systems market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. Asia-Pacific is dominant region and is expected to witness swift market growth at a steady CAGR due to increasing vehicle production particularly in India, China and Japan. Moreover increasing government expenditure on road maintenance is expected to further accelerate the growth for waterborne automotive coating market in Asia-Pacific region. North America and Western Europe are other attractive markets owing to its strict government regulation and environment safety norms.

Global Waterborne Automotive Coatings Market: Key Players

Transition to waterborne automotive coatings from solvent based coating has prompted automotive coating manufacturers to increase investment and production of new waterborne coated products. Global waterborne automotive coating market is dominated by key players which include BASF SE, Akzo Nobel NV, Du Pont Performance Coating, Kansai Paint, Arkema SA, Bayer AG and PPG Industries.

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

 

Regional analysis includes:

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

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

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Global Waterborne Automotive Coatings Market: Segmentation:

On the basis of product type, the global waterborne automotive coatings market is segmented into

  • Water-soluble paints
  • Water-dispersible paints or colloidal coatings
  • Emulsion/ latex paints
  • Water based alkyds

On the basis of binders, the global waterborne automotive coatings market is segmented into

  • Polyvinyl ethers
  • Polyacrylate
  • Polyurethane resins
  • Epoxy resins
  • Alkyd resins
  • Others

On the basis of end use, the global waterborne automotive coatings market is segmented into

  • Passenger vehicle OEM
  • Commercial vehicle OEM
  • Commercial refinish

 

Body In White Market Analysis by Size, Growth, Trends up to 2028

Body in white refers to the phase during automotive manufacturing when the automotive body components/frameworks of the automotive structure are joined together with the help of different techniques, such as riveting, welding, laser brazing, bonding and clinching. Body in white is a term used to refer to the structure before chassis sub-assemblies, engine and trim have been assembled in the frame of the automobile. The trim assembly includes electronics, upholstery, seats, door locks/handles and glasses. Body in white of the automobile is made from a material that has sufficient mechanical strength to bear the weight of frames and components and provides a rigid and stable platform for the suspension to have efficient control over the vehicle. It also enables the passenger module to better protect the occupants in the event of a collision. In the recent years, the manufacturers have been compelled to decrease the weight of the automobile frame to bring down the overall weight of the automobile. This move will eventually decrease carbon emission below the acceptable limit. Moreover, it will also lead to increase in efficiency of the vehicle. So R&D is being carried out in this field for the development of a more efficient and lighter body in white structure with optimum strength and flexibility.

Body in White Market: Market Dynamics

The main factors behind the growth of the body in white market are the growth in production and expansion in the automobile sector across the globe. R&D is being done on Body in white material to optimize its strength as well as decrease the weight of the vehicle and increase its efficiency. Also, growing focus of automobile manufacturers on vehicle weight reduction without compromising its quality and work is expected to increase the demand for body in white made from lighter materials. Apart from this, the body in white is an integral structure for all automobiles and hence, the development of automobile sector will also add to the growth of the global body in white market.

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Body in White Market: Regional Outlook

Europe holds a major share in the global body in white market owing to the presence of prominent OEM players in this region and is followed by North America. However, Asia Pacific is expected to show significant growth during the forecast period owing to increase in per capita income of countries in this region and much less concentration of vehicles as compared to North America and Europe. Also, government initiatives in countries, such as India and China, will promote manufacturing and also contribute to the growth of this market. Europe, North America and the Asia Pacific regions are expected to hold more than half of the total share in the global Body in white market. Rest of the world is estimated to account for a relatively small share in the Body in white market.

Body in White Market: Market Participants

Examples of some of the market participants operating across the value chain of the global Body in white Market are:

  • Gestamp Automoción
  • KIRCHHOFF Automotive GmbH
  • AKKA Technologies
  • Magna International Inc.
  • Martinrea International Inc.
  • BENTELER International AG
  • voestalpine Automotive Components Cartersville Inc.
  • Plastic Omnium Co.

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Melamine Pyrophosphate Market Size, Growth Analysis Report, Forecast to 2025

In near future, security concerns related to fire-fighting, making environment protection along with promoting adding technology of non-halogen, the demand for high-efficiency of flame-retardant is in target. Melamine pyrophosphate, also known diphosphoric acid, is a flame retardant polypropylene. Melamine pyrophosphate are substances which on combining, the synergistic effect of the melamine pyrophosphate (nitrogen and phosphorus) results in small quantity need in formulations. As of acidic catalysis foaming flame and inert gas formation are eliminated. Melamine pyrophosphate does not contribute to the formation of toxic gases.

The formula for the melamine pyrophosphate (MPP) is 2C3H6N6·H4O7P2 and belongs to the certified class of organic materials. Its molecular weight is 304.09. It appearance is fine white powder with no moisture absorption. The salt of melamine pyrophosphate acid is used as halogen free flame retardant and smoke suppressant agent for rubber, paint, paper and other plastics. Melamine pyrophosphate is more compatible with melamine-urea formaldehyde systems. Additionally it is also useable with di-pentaerythrytol, unsaturated polyester resins as well as polyolefins. On the other hand, melamine pyrophosphate can be partly used as an alternative of ammonium polyphosphate in some intumescent (coating, rigid foam, thermoplastics, resins etc) applications.

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Melamine Pyrophosphate Market: Drivers & Restraints

Increasing need for safety and security is driving the melamine pyrophosphate market. Is has revealed its uses in electronic industry (when combined in the manufacturing of circuit boards and added equipment’s). To attain fire retardant barriers guidelines in wood and plastic laminates, melamine pyrophosphate can also be used with epoxy and other adhesive compositions. This antiflame MPP is supplied in 25kg net weight in paper bag.

The product is stable if maintained in the dry place at room temperature and original bags. Safety regulations and push from the government side is also helping in increasing the degree of awareness among the end users. On the flipside, when handling this compound, causes several health hazards and requires safe industrial hygiene practices along with protective equipment (it is irritating to the eyes and skin on contact, its inhalation will cause irritation to the lungs and mucus membrane) are the major setback for melamine pyrophosphate market.

Melamine PyrophosphateMarket: Region-wise Outlook

The melamine pyrophosphate market is set to witness a steady growth during the forecast period. The growth of overall chemical market is expected to result in the growth of the melamine pyrophosphate market. Moreover, the growing demand from developing and developed countries, especially from Asia Pacific is expected to fuel the growth of melamine pyrophosphate market. The market growth in developed economies for these systems is expected between 5% and 7% whereas in developing regions the growth may even exceed 8% during coming five years. India and china will serve as the most attractive market for the melamine pyrophosphate market during the forecast period 2015-2025.

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Melamine PyrophosphateMarket: Key Players

Some of the players identified in the melamine pyrophosphate are: Synchemer Co., Limited, Credit Asia, GIHI CHEMICALS CO., LTD, Alfa Chemistry, TOPCHEM TECHNOLOGY Co, Ltd., Shandong Shian Chemical, Shenzhen Hongtaiji Industrial, Jinan Taixing Fine Chemicals, Wuhan Yuancheng gongchuang Technology Co ltd., Chemtec, Hangzhou Haiqiang Chemical Co., Ltd, Hummel Croton Inc., Shanghai Pengteng Fine Chemical Co., among many others.

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

The report covers exhaustive analysis on:

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

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

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Melamine Pyrophosphate Market: Segmentation

On the basis of major end user segments melamine pyrophosphate can be classified as:

  • Industry uses (Flame Retardants)
  • Consumer uses (Plastic and Rubber products)

On the basis of region, melamine pyrophosphate market can be classified as

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • Asia-Pacific
  • Japan.

Rowing Boats Market Future Trends, Industry Size and Forecast to 2029

This Rowing Boats market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Rowing Boats market.

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Rowing Boats Market: Introduction

Rowing boats are the boats which are propelled through use of oars on the water. The rowing boats are generally used for the racing purpose and have a great prominence across the numerous parts around the globe. The rowing sport is often regarded as one of the oldest sports in the Olympics and also Paralympics. Though the rowing boats primarily find their applications only for the racing purpose, the phenomenon of recreational boating has also gained substantial prominence in the recent past. This also induced the need of rowing boats for the recreational purposes and subsequently emphasized the use of rowing boats for the amateurs and non-professionals.

Rowing Boats Market: Dynamics

The use of rowing boats has gained prominence as the recreational boating which has become a phenomenon across the globe which is anticipated to provide ample sales to the rowing boats in the forthcoming years. Many boating companies have made the recreational boating safer, reliable and convenient which has got significant attraction across the globe and further provide a broader customer base for the rowing boats market.

The rowing boats is also a famous sport which has seen a resurgence in terms of spectators and athletes are willing to make it a professional sport. This is expected to invoke the sales of the high end rowing boats which are employed for the use in professional rowing sport. Due to the inclusion in the Olympic Games rowing boats has been recognized worldwide and also said to pivot the possible growth in the rowing boats market.

With increasing alternatives for the recreational boating such motor boats instead of boats with rowers and Jet Ski is expected to bring a significant downturn for the recreational rowing. The intense and fierce competition amongst the market players to manufacture products at the minimal price which is anticipated to slash down the profit margin of these companies at a considerable extent.

The rowing boats for the recreational boating purposes and as a sport have prominence in the particular regions which effectively restricts the growth of the market on the global perspective.

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Rowing Boats Market: Regional Overview

The North America market is said to undergo a significant growth pertaining to the growing trend of recreational rowing in the many country clubs, resorts and luxury tourist destinations. The rowing as a sport has a great following in the U.S. and Canada which is anticipated to promote the growth in the sales of rowing boats market in the region. Latin America is also expected for a decent growth with the growing traction in the market of Brazil. The Europe market will mainly be governed by the growth perspective in the market of U.K., Portugal and the European countries with numerous tourist destinations. The market of South Asia is anticipated for a moderate growth over the slated period of time owing to the limited attraction for recreational rowing and the underdeveloped rowing sporting culture in the region. The market of East Asia is also estimated to witness a sluggish growth rate for the period of forecast. The market of Oceania is expected to have a hefty growth owing to the emergence of the manufacturers which are working on strengthening their sales channel in the region and the increasing attraction for recreational as well as rowing as a sport. The market of MEA is anticipated to remain stagnant over the period of forecast as the countries in African region are less likely to improve their share in the market.

Rowing Boats Market: Market Participants

Some of the prominent manufacturers of the Rowing Boats which are expected to cater as the key market players are listed below,

  • Row Alden
  • Durham Boat Company
  • ECHO ROWING
  • Euro Diffusion’s
  • Empacher
  • FILIPPI LIDO SRL
  • Leo Coastal
  • Whitehall Rowing & Sail
  • Rowing yard Wiersma
  • Kiwi International Rowing Skiffs Ltd.
  • Sykes Racing
  • Vega Réalisations composites

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

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Rowing Boats Market: Segmentation

On the basis of end use, rowing boats can be classified as,

  • Recreational Rowing boats
  • Racing Rowing boats

On the basis of passenger capacity, rowing boats can be classified as,

  • Rowing boats with a single rower
  • Rowing boats with two rowers
  • Rowing boats with four rowers
  • Rowing boats with eight rowers

On the basis of product type, rowing boat can be classified as,

  • Sweep Rowing boats
  • Sculling Rowing boats
  • Adaptive Rowing boats
  • Coastal Rowing boats
  • Lightweight Rowing boats
  • Racing shell Rowing boats

On the basis of design, Rowing boats can be classified as,

  • Coxed Rowing boats
  • Coxless Rowing boats

About Future Market Insights (FMI)

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

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Future Market Insights,
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