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Global pillow market has grown remarkably in the past decade owing to growing usage of pillows for sleeping and decoration purpose. The material utilized for filling offers particular features to a pillow, and allows being used for different application such as anti-wicking fabrics, hypoallergenic materials, as well as memory foam technologies for shoulder, neck, and head support.

Increasing awareness among consumers regarding the pillow selection which suits their sleeping position has dynamically changed the pillow market. According to a published report by Statista, the present market size is approximately 16083.6 Mn.

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Pillow Market – Key Trends

Growing number of sports injuries because of the increasing adoption of sports by individuals, increasing awareness concerning cervical pillows, rising government initiatives, and increasing prevalence of spine and neck related-diseases are some factors contributing growth of global pillow market over the forecast period.

With rising lifestyle diseases such as diabetics, heart disorders, sleeping disorders, etc., there is a rise in demand for smart pillows. These smart pillow adorn features such as snoring control, sleep modes, shape adjustment and meditation guidance among others.

The cooling technologies in these smart pillows are proven beneficial for sportspersons as well as for travellers.Pillow manufacturers will be focusing on these untapped markets through growing investment in research & development as well as improving the product efficiency during the forecast period.

Pillow Market – Growth Restraints

Less awareness regarding the cervical and neck pain caused due to basic pillows may impact the sales. The availability of inexpensive and counterfeit alternative products is anticipated to hamper the market growth.

The higher cost associated with the smart pillows are unaffordable amid middle class and low income group consumers. Further the maintenance cost concerning the products is higher in contrast to regular pillows. These factors are expected to hinder the growth of the pillow market over the forecast period.

COVID-19 Impact on Pillow Market

As the COVID-19 pandemic extends to ravage individual lives, the sleep industry is anticipating reaching consumers worldwide. Several reports are been published concerning rise in sleep disorders and other sleep related issues.

The pillow industry is tapping on these white spaces by shifting to online platforms and offering various services such as free product trail period. Moreover, sales of smart pillow through online platforms are escalating due to the accessible features such as tracking sleep which helps the user to sleep properly amid crisis.

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Pillow Market – Region-wise Analysis

North America is anticipated to dominate the global pillow market during the forecast period, with the highest contribution from the US. The rising prevalence of sports-related injuries, sedentary lifestyle and head and neck injuries in the region will boost pillow sales.

As per the Journal of the American Medical Association (AMA), the US population expend around US$ 87.0 Bn per annum on low back pain and neck treatment.

The Asian region will be reflecting significant expansion rate over the projected period owing to rising disposable income and growing inclination towards modern health care facilities.

Increasing awareness concerning sleep related problems all over emerging nations is the foremost driving factor of the pillow market in these regions.

Pillow Market – Competitive Analysis

Major companies profiled in the pillow market include –

• American Textile Company
• Hollander
• Romatex
• Wendre
• Dohia Home Textile Co., Ltd
• Luolai and Hunan Mendale Hometextile Co., Ltd.

Leesa launched a Hybrid Pillow which has one down-sort quilted side as well as a cooler side to aid in regulating temperature. It has an extra insert amid the layers which can be removed to set the height of the pillow, thus providing you to get completely perfect alignment.

Expedia took over Pillow & ApartmentJet, which will help the company to unlock urban development prospects, broaden product portfolio across geographies, as well as ascertaining travellers to find the perfect place to stay.

Shumsky Theraptic Pillows(STP) entered into a partnership with ASP Global, an Atlanta based medical supply company to boost its market presence and product portfolio.

Global Pillow Market: Key Players (this is an indicative list – full list of key players available upon request)

• Hollander Sleep Products LLC
• Comfy Quilts Ltd.
• Paradise Pillow, Inc.
• My Pillow Inc.
• Samsonite
• Tempur Sealy International Inc.
• Tempur-Pedic
• Kuhi-comfort
• Cabeau
• Wolf Manufacturing Company

Regions and Countries Analyzed in the Report

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest of LATAM)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

• 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 Pillow Market: Market Segmentation

By Filling material

• Memory foam
• Hollow fibre
• Latex
• Microfiber
• Others

BY Shape

• Square
• U-shape
• Rectangle
• Wave
• Round
• Convex
• Others

By Feature

• Therapy
• Cooling
• Anit-static
• Anti-bacteria
• Others

By Application

• Decorative
• Sleeping
• Bedding
• Travel
• Massage
• Others

Expanding at a CAGR of 4.6% the global sales of silica sand for glass making is expected to increase from a valuation of US$ 5,154.8 Mn in 2021 to US$ 7,411.7 Mn by the end of 2029.

The global silica sand market for glass makingis highly influenced by demand for glass from the food & beverage industry, as a majority of manufacturers pack alcoholic drinks in glass bottles or containers. The key factor behind this is the fact that, glass packaging preserves the original taste and quality of the drink inside as compared to metal or plastic.

Consumption of silica sand for glass making is growing in the food & beverage sector, owing to rise in the preference for transparency as well as hygienic packaging of products. The food & beverage packaging industry will represent the best sales opportunities for Silica Sand Market players, capturing over 40% of total market value.

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Although construction and automotive industries are also experiencing notable adoption rates, players in the silica sand market for glass making will capture maximum value from the food & beverage packaging sector.

Key Takeaways of Silica Sand Market for Glass Making Study

• The demand for silica sand for glass applications is anticipated to increase at a significant rate, on account of increasing per-capita consumption and purchasing power, and growing awareness of the importance of hygiene in the packaging of food products.
• An increase in glass making activities in developing countries is anticipated to have a positive impact on the growth of the silica sand market for glass making.
• East Asia holds a prominent share in the global silica sand market for glass making, attributable to the increasing application of glass in various end-use industries in this region.
• Increasing consumption of glass for packaging food products and photovoltaic cells in solar energy is anticipated to propel growth of the silica sand market for glass making. Moreover, glass has extensive applications in construction, automotive, pharmaceuticals, and scientific instruments & analytical research, along with cookware & utensils.
• Glass manufacturing companies strive to introduce new and innovative production technologies to cater to the rising global demand for glass. This is anticipated to offer substantial opportunities to players in the silica sand market for glass making.

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“Increasing demand for glass from several end-use industries is expected to create significant growth and expansion opportunities for silica sand suppliers/ manufacturers, as well as contribute to the overall growth of the global silica sand market for glass making.”

Increasing Preference for Glass Containers to Propel Market Growth

The enhanced visual appeal of products packaged in glass containers along with the transparent nature of glass enables manufacturers to showcase the premium quality of their products. Glass is a versatile material in container manufacturing, and containers can be made from this material in a wide range of colours, shapes, and sizes. Moreover, manufacturers in the food & beverage industry prefer the use of glass containers, and, as such, the food and beverage segment accounts for a substantial share in terms of volume as compared to other applications in the global silica sand market for glass making. This segment accounted for more than one-third share of the global silica sand market for glass making in 2018.

These factors are anticipated to have a positive impact on the growth of the global silica sand market for glass making over the coming years.

Silica Sand Market for Glass Making Moving towards Consolidation

The silica sand market for glass making is significantly driven and dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global silica sand market for glass making are U.S. Silica, Imerys Refactory Materials, Sibelco, Fairmount Santrols, Badger Mining, and JLD Minerals. These players are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

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Silica Sand for Glass Making Market by Category

By Application :

• Flat Glass
• Fiber Glass
• Glass Container
  • Colored
  • Colorless
• Special & Technical
• Tableware Glass
• Others

By End Use :

• Food & Beverage Packaging
• Industrial
• Pharmaceutical
• Scientific Instrument & Analytical Research
• Construction
• Automotive
• Cookware & Utensils

By Purity :

• High Purity
• Ultra-High Purity

By Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia
• MEA
• Oceania

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.

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Rising inclination towards non-invasive procedures and increasing focus on the advancement of sleep apnea devices have created lucrative opportunities for the expansion of the sleep apnea implants market. As per a study by Future Market Insights, application of sleep apnea implants ranges from snoring to sleep-deprived complications. Additionally, an increase in the number of obese and geriatric people is associated with a rise in the prevalence of sleep disorders.

Sedentary and unhealthy lifestyles may lead to heart diseases, diabetes and other diseases, which may lead to sleep disorders. Moreover, the rising global burden of obstructive sleep apnea (OSA) or central sleep apnea that may increase the risk of fatal accidents and the growing number of sleep apnea therapies are expected to boost the sleep apnea market growth during the forecast period.

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Sleep deprivation is also associated with lost productivity. In a study by RAND Corporation, it is stated that in the U.S. there are around 1.2 million lost workdays due to sleep deprivation per year and as a result, the economic impact of productivity losses and higher mortality rates will account for over US$ 400 billion, or 2 per cent of the GDP.

The global sleep apnea implants market was valued at US$ 188.3 Mn in 2021. Based on product type, hypoglossal neurostimulation devices are expected to gain popularity in the sleep apnea implants market, accounting for 80% of the revenue in 2020.

Key Takeaways of Sleep Apnea Implants Market Study

• Driven by rising prevalence of sleep disorders, the sleep apnea implants market will exhibit 17.3% CAGR between 2021 and 2031
• Rising concerns pertaining to sleep deprivation has fuelled demand in the U.S., which accounts for the leading share in North America
• The U.K. will remain a key market for sleep apnea implants on the back of rising awareness about the condition and willingness to spend on treatment
• As per the Journal of Thoracic Disease, population based studies have indicated that nearly 50 million patients in China suffer from OSA. With focus on providing advanced healthcare rising, the demand for sleep apnea implants will rise in China
• Expansion of the healthcare sector and rising demand from hospitals will continue supporting growth in India

“FDA approvals and product launches of advanced sleep apnea implants along with increasing demand for minimally invasive procedures are driving the growth of the global sleep apnea implants market,” says an FMI Analyst

Who is Winning?

FDA approvals for sleep apnea implants are aiding the adoption of advanced sleep apnea products. Numerous manufacturers are focusing on the research and development area to innovate advanced products with high safety and efficacy.

In May 2019, Siesta Medical, Inc. (Private), announced FDA clearance for expanded indications for its Encore™ Tongue Suspension System for the treatment of obstructive sleep apnea.

The sleep apnea implants market is considered diverse due to the presence of various local and international players in the competitive market. Competing to gain a large market share, the players continue to rely upon acquisitions, investments and alliances to provide access to new technologies in both new and existing markets.

For instance, In March 2021, Medtronic plc and Spectrum Health entered into a definitive agreement to drive value in healthcare and improve outcomes for Spectrum Health patients and reduce the cost of care. Additionally,  in July 2019, LivaNova acquired Miami Instrument, a manufacturer of minimally invasive cardiac surgery instruments, to diversify its heart valve portfolio.

More Valuable Insights on Sleep Apnea Implants Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global sleep apnea implants market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on sleep apnea implants market on basis of product type (Phrenic Nerve Stimulator, Hypoglossal Neurostimulation Devices, Bone Screw Implant System, Flexible Tongue Retractor System and Palatal Implants / Pillar Procedure), by indication (Central Sleep Apnea and Obstructive Sleep Apnea [OSA]), and end-user (Hospitals, Ambulatory Surgical Centers and Office-Based Clinics), across seven major regions.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

About Future Market Insights

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
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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Website: https://www.futuremarketinsights.com

Future Market Insights upcoming report on global Navigation, Imaging and Positioning Solutions market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Navigation, Imaging and Positioning Solutions market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2022 and beyond.

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Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Navigation, Imaging and Positioning Solutions market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

According to the FMI’s report, the Navigation, Imaging and Positioning Solutions market is projected to record a CAGR of xx% over the forecast period. To receive the detailed insights about the Navigation, Imaging and Positioning Solutions market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

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Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2022.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2022. However, with relaxation in lockdown, the Navigation, Imaging and Positioning Solutions market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Navigation, Imaging and Positioning Solutions market.

Key Questions Answered in the Report

1. What are the key trends and challenges that will affect global Navigation, Imaging and Positioning Solutions market in upcoming years?
2. What are the factors that will influence the Navigation, Imaging and Positioning Solutions market demand?
3. Which region will be the most lucrative for Navigation, Imaging and Positioning Solutions market throughout the forecast period?
4. How will evolving regulatory policies impact the market growth?
5. What is the impact of Covid-19 on the Navigation, Imaging and Positioning Solutions market?

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Navigation, Imaging and Positioning Solutions Market: Segmentation

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Navigation, Imaging and Positioning Solutions market report with established market players as well as incumbents in the region.

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

• Topcon Positioning Systems INC
• iXBlue
• Trimble Navigation Limited
• Sonardyne
• Leica Geosystems
• Kongsberg Maritime
• NovAtel Inc.
• BlackRoc Technology

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Navigation, Imaging and Positioning Solutions market.

Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the Navigation, Imaging and Positioning Solutions market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
• Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario.

 

As the prevalence of lung cancer, melanoma, and renal cell carcinoma continues to soar worldwide, the adoption of PD-L1 biomarker testing is expected to grow at a healthy pace in the years to come, says Future Market Insights (FMI) in its new market study. Moreover, the report forecasts that the global PD-L1 biomarker testing market will grow in value at a stellar CAGR of 13.1% between 2020 and 2030.

The report opines that the outbreak of COVID-19 is likely to create short-term fluctuations on the supply side due to pandemic-related issues such as workforce shortages and disruptions of delivery networks. Similarly, a steep decline in the number of tests has been observed during the pandemic, and this is expected to further decelerate the demand for PD-L1 biomarker testing.

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The report primarily attributes the growth of the market to the increasing incidence of cancers, especially lung and skin, coupled with the development of advanced diagnostic kits and assays.

Likewise, rising awareness regarding the availability of testing methodology such as immunohistochemistry-based assays and Enzyme-linked Immunoassay (ELISA) based detection will continue to impel the adoption of PD-L1 biomarkers in the forthcoming years.

Key Takeaways

• The global PD-L1 biomarkers testing market is expected to surge past valuation of US$ 2.05 Bn by the end of the forecast period.
• PD-L1 SP142 assay kits will remain the most popular products among end-users, capturing nearly half of the market value, owing to high efficiency in detecting cancer tumors.
• Non-small cell lung cancer and melanoma are cumulatively expected to hold more than 50% of the total market value on the back of the soaring prevalence of these diseases.
• By end-use, PD-lL1 biomarker testing finds the majority of applications in hospitals, which is expected to account for over 60% of market value.
• North America will spearhead the regional landscape through the forecast period, accounting for more than 50% of the global market value.
• Europe is poised to remain the second most lucrative region, holding nearly 1/3rd of market value.

“Market players are directing their efforts towards improving the accessibility of these products and are marking them cost-effective to ensure wide-scale adoption,” remarks FMI analyst.

COVID-19 Impact on PD-L1 Biomarker Testing Market

The COVID-19 pandemic has created disruptions across the healthcare technology landscape and has resulted in a shifting preference among manufacturers towards essential technologies and treatments. Furthermore, although PD-L1 biomarker testing is used to test severe diseases such as cancer, a reduced number of screenings is adversely impacting the demand for testing.

For instance, according to trends observed by Cancer Research Network, screening rates of melanoma plummeted by approximately 50% in the UK in the past few months. Likewise, in the US, the number of tests conducted to detect non-small cell lung cancer fell by 30% in March as compared to February. As patients reschedule or skip regular screenings, this is creating a downtrend in demand for PL-D1 biomarker testing.

However, considering the severity of these diseases, the need for testing will swiftly arise in the future, ensuring that the market’s growth trajectory remains intact.

Who is Winning?

Key players operating in the market are focusing on enhancing existing product designs and developing novel products with increased accuracy. Moreover, traditional growth strategies such as acquisitions and mergers have been identified as strategies adopted by players to strengthen their foothold in the competitive landscape.

• In January 2019, Abcam Plc acquired Calico Biolabs with an objective to expand its custom monoclonal production service capabilities.
• In December 2018, NeoGenomics, Inc. acquired Genoptix, Inc. to improve its oncology diagnostic services.

FMI’s report includes profiles of some of the most prominent names in the market including F. Hoffmann-La Roche Ltd, Agilent Technologies, Inc., NeoGenomics Laboratories, Inc, HalioDx and Abcam plc. among others.

To Know More About PD-L1 Biomarkers Market

A new market research report published by Future Market Insights (FMI) on the global PD-L1 biomarkers market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – product, indication, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here.

About Future Market Insights

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.

Contact Us:                                                     
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Future Market Insights (FMI) released its latest report on biophotonics market. The market is expected to register a CAGR of over 11.3% between 2021 and 2031. The study takes into account the impact of COVID-19 on Biophotonics Market.

The global biophotonics market is driven by factors such as Increasing ageing population, the government support in technology innovations, enhanced range of biophotonics applications, and a need for improvement in healthcare.

Region-wise, North America was the highest contributor to the global biophotonics market, followed by Europe, the Middle East and Africa (EMEA) and Asia Pacific. However, the North America is expected exhibit a CAGR of over 10.9% during the forecast period

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Biophotonics Market: Key Market Dynamics

This Future Market Insights report examines the Biophotonics market for the period 2021 to 2031. The primary objective of the report is to offer updates on the advancements in healthcare that have given rise to a futuristic technology: biophotonics, which is significantly transforming the global healthcare market.

Biophotonics is an emerging area of scientific research that harnesses light to understand the working of cells and tissue in living organisms to aid better diagnosis of health problems. Biophotonics will cater to the demands of multiple industry verticals such as biotechnology, diagnostics, therapeutics, and agriculture to name a few.

Biophotonics uses optical techniques while preserving the integrity of the biological cells under observation. The interactions such as emission, detection, absorption, reflection, modification, creation, radiation take place between the biological cell or molecule and light.

Environmental monitoring, food analysis, Raman spectroscopy, endoscopy, dosimetry, and dentistry are some other key areas where the impact of biophotonics will be seen. The biophotonics market report starts with an overview; to sum it up, biophotonics is using light to cure diseases.

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Biophotonics Market: Segment-wise Analysis

According to end-user type, the global biophotonics market is segmented as Medical diagnostics, Medical therapeutics, Test components and Non- Medical. The medical diagnostics is expected to dominate the global biophotonics market and register a CAGR of over 10.7%during the forecast period.

Non-medical applications are projected to demonstrate an impressive growth rate of over 15.5% CAGR between 2021 and 2031. Growth in global biophotonics market is largely attributed to growth in end use sectors, which largely include diagnostic centers, medical institutes, healthcare service providers, research institutes and laboratories, and medical & scientific instrument manufacturers.

By application type, the Global Biophotonics market is segmented as See through imaging, Spectro molecular, Inside imaging, Biosensors, Surface imaging, Microscopy, Light therapy, and other analytic sensing. Among all the aforementioned segments, the biosensors is projected to witness over 17.2% CAGR during the forecast period. The microscopy and light therapy applications are expected to exhibit a CAGR of 15.1 % each respectively between 2021 and 2031.

The growth is attributed to implementation of the biosensors in other analytic sensing segment due to its specific biological analyte sensing capability such as pregnancy test, food toxicity, and cholesterol tests. Key players in the global biophotonics market are Becton, Dickinson & Co., Affymetrix Inc., Carl Zeiss, Olympus America, Andor Technology and Hamamatsu Photonics.

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About Future Market Insights (FMI)

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

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Increasing demand for crude kaolin in cement, refractories, and agrochemical industries has been identified as a chief growth driver of the India kaolin market. As per a new study by Future Market Insights (FMI), the kaolin market in India is anticipated to register 3.5% CAGR between 2021 and 2031.

The report also identifies crude kaolin as the top-selling product, accounting for a little over 36% of the sales in the market in 2021. Despite its application across diverse industries, demand for kaolin significantly dropped amid COVID-19 as industries remained shuttered following lockdown guidelines implemented in India.

Nonetheless, gradual recovery of operations across industries will create growth opportunities in the coming years. The cement industry is forecast to account for the maximum demand for kaolin. Expansion of construction activities in India, in public and private sectors alike, will therefore spur opportunities for kaolin manufacturing and sales.

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Besides demand in the cement industry, the kaolin market will register increasing application in paints and coatings, glass and paper, ceramics and sanitary, and pesticides and refractory sectors. Thanks to the inadequate threat of substitutes, kaolin consumption in India is anticipated to remain steady over the forecast period.

Kaolin is naturally formed mineral clay which is consumed in both crude form and processed form. These minerals are formed by the chemical weathering of minerals of Aluminum such as, feldspar and is extracted from kaolinite mineral.

Kaolin is used as a raw material, filler material, binding material, strengthening material and as other materials in various end use industries. The common product types of kaolin available in India are crude kaolin, calcined, hydrous, surface modified, delaminated, and levigated kaolin.

Key Takeaways from Kaolin Market Study

• India kaolin market is expected to reach a value of US$ 137.8 Mn by 2031 end.
• Cement industry will account for over 46% of kaolin sales in India in 2021
• West India is expected to remain highly lucrative pocket, accounting for over 30% of kaolin sales in India in 2021
• Crude kaolin will emerge as a top-selling product, holding a dominant share of over 49% in the India kaolin market in 2021
• Demand for kaolin will rise in North India at 3.2% CAGR between 2021 and 2031

 “Competition is expected to increase in the coming years owing to the increasing number of mining companies. Therefore, in order to gain competitive edge key players are likely to focus on expanding their production capacity to cater the growing demand from various industries. Besides this, they are increasing their export volume to strengthen their global footprint,” said a lead analyst at FMI.

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Kaolin Market: Participant Insights

Key manufacturers in the India Kaolin market are EICL Limited, MLA Group of Industries, Prash Minerals, M/S Garg Minerals & Chemicals, Ashok Mineral Enterprises, Ashapura China Clay Co. LLP, Shree Ram Minerals, Srinath Enterprises, Mona Exim Inc., Vulcan Ceramics Co. Pvt. Ltd., Kalpana Minerals Pvt. Ltd., 20 Microns Ltd., Kerela Ceramics Ltd., and Sudarshan Minerals & Industries.

Some of these companies are focusing on on strengthening their product portfolio and expanding their market footprint through increasing production capacities. Besides this, they are investing in research and development initiatives to gain competitive edge.

Kaolin Market by Category

By Product Type

• Crude Kaolin
• Calcined
• Hydrous
• Surface Modified
• Delaminated
• Levigated

By End Use

• Cement
• Ceramics & Sanitary
• Paints & Coatings
• Paper & Glass
• Pesticide & Refractory
• Others

By Region

• North India
• South India
• East India
• West India

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Future Market Insights has published a market research report on the Kaolin market that contains analysis of India for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Kaolin market through three different segments namely, Product Type, End Use and Region.

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.

Contact:
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Future Market Insights,
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Website: https://www.futuremarketinsights.com

 

As per a study by Future Market Insights (FMI), increasing applications across diverse sectors, especially the printing and packaging industry will drive the functional films market between 2021 and 2032. Functional films are being steadily commercialized across various industries as they incorporate technologies to improve the functional performance of products on which functional films acts as substrate or a barrier.

The market is gaining momentum, thanks to the expansion of the packaging and plastic industries. Their usage across automotive also is increasing. Functional films can be spotted in automotive displays, car interiors, transmission systems, and lighting.  In the packaging sector, BOPP films are the “go-to” options for lamination and flexible packaging purposes.

As per FMI, the functional films market is poised to reach US$ 47.17 Mn by 2031. The demand for both optical and coating films is considerably high. Of these, coatings films are expected to emerge dominant, exhibiting 8.7% CAGR over the forecast period.

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Key Takeaways of Functional Films Market Study

• Application across various industries will continue driving functional films market at .2% CAGR through 2031
• The U.S. remains the leading functional films market in North America, accounting for over 68% sales in 2021
• After an insignificant year in 2020, the U.K. market will bounce back, registering a little below 6% y-o-y growth in 2021
• Germany and France will remain key markets. Of these, Germany will remain dominant through the forecast period
• Exceptional growth is likely in Japan, as it continues registering expansion of various end-use industries

“Functional films market, like any other sector, is heavily reliant on prevailing trends. Currently, there is high focus on sustainability especially as some of the leading players invest in environment-positive technologies,” said a lead analyst at FMI.

East Asia is expected to dominate the functional films global market. The intense activities in the region have stimulated market participants to engage in product innovations and steadily commercialize their products. In East Asia, the large demand owned by various end-use industries including consumer electronics and automotive, is likely favorable to mold the Functional Films market. The market growth is also dependent on various other factors such as raw material availability and large consumption base.

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Who is Winning?

Some of the leading companies operating in the functional films market include 3M, Dai Nippon Printing Co. Ltd, Toray industries Inc, SABIC, Covestro AG and Saint Gobain Films.

The functional films market is a highly competitive market dominated global petrochemical and chemical manufacturers and key players who are actively involved in the printing and packaging sector.  Some players are adopting backward integration, directly purchasing petrochemicals and manufacturing films from scratch. The market is also driven by regional players and new entrants who are aggressively involved to build their brand name.

The Tier-1 players hold approximately half the global value share. Drive for product positioning and collaboration are some of the common behavioral trends in the global market.

There is increasing focus on sustainability, especially some of the leading players. For instance, Coveris has built two new extrusion lines at Cheshire-based facility in Winsford, in the U.K. This capacity expansion is intended at supporting the company’s goal to achieve pack positive sustainability.

Functional Films Market by Segments

Product Type

• Optical film
• Coating film
• Adhesive film
• Conductive film
• Reflection Films

End-use Industry

• Automotive
• Food & Medical Packaging
• Renewable
• Printing & Packaging
• Other Industrial

Region

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

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About the Report:

The research report analyzes the total sales of Functional Films on the basis of value (US$ Mn). The market is projected on the basis of factors such as growth of polymer industry, developments in films, end-use industry demand, global GDP growth, industry value added, and government regulations. The scope of the research report includes only new sales of Functional Films.

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.

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

 

Stainless steel market is anticipated to reach US$ 193.97 Bn by the end of 2031 owing to the increasing demand from various industries. As per a study by Future Market Insights (FMI), the growing demand for corrosion resistant material, with high tensile strength material in various sectors such as chemical industries, petrochemicals industries, food and beverage industries, oil & gas, automotive sector, construction industry and many others is anticipated to augment the growth of the stainless steel market in the coming years.

Also the use of stainless steel is rising in the production of home appliances, cookware, and cutlery, which is expected to continue enabling sales in the market. Austenitic stainless steel is estimated to remain the top-selling stainless steel owing to its application in chemical industry, equipment and storage tanks manufacturing, in mining and chemical equipment, in pharmaceutical equipment, and in cookware and cutlery. According to the report, more than 77% of stainless steel sold in 2021 will belong from this category.

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Key Takeaways of Global Stainless Steel Market Study

• The global stainless steel market is estimated to expand at a CAGR of 5.5% during the forecast period of 2021-2031
• Presence of well-established industries and expansion of power plants sealed America’s dominance, enabling the U.S. represent over 86% of North America stainless steel market in 2021
• Expansion of building and construction sectors will drive sales in Germany and France
• The U.K. will remain a key market, exhibiting 4.4% y-o-y growth in 2021 after a brief period of negative sales
• Backed by increasing production of stainless steel, China will remain dominant in East Asia

“Companies operating in the stainless steel market are focusing on capacity expansion. A trend which will continue through the assessment period, enabling growth in the stainless steel market,” said an analyst at FMI.

Growing demand from various end use sectors is projected to boost the Stainless Steel market significantly during the forecast period 2021-2031. China, U.S., and Japan are anticipated to remain prominent countries in the market of stainless steel, owing to presence of various end-use sectors and excellent production capacity of stainless steel.

However, owing to the pandemic impact in the year 2020, stainless steel market is expected to witness a significant downfall in the growth due to the disruption in the supply chain and decrease in demand. However, post the pandemic crisis, the market is anticipated to grow with a significant growth rate over the forecast period.

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Who is Winning?

The global stainless steel market has been identified as a significantly fragmented market along with organized sectors occupying a fair share of the overall market. Some of the key market participants which are included in the report are ArcelorMittal, Nippon Steel and Sumitomo Metal Corporation, POSCO, JFE Steel Corporation, AK Steel, Thyssenkrupp AG, Hyundai Steel Co., Ltd., Outokumpu, Acerinox, Yieh United Steel Corp., Baosteel Group, Aperam, Jindal Stainless Limited, Gerdau, and Vallourec.

Stainless Steel Market by category

Type

• Austenitic Stainless Steel
• Ferritic Stainless Steel
• Duplex Stainless Steel
• Martensitic Stainless Steel
• Precipitation Hardening Stainless Steel

Form

• Flat Products
• Long Products
• Tubular Products

End Use

• Building & Construction
• Industrial Machinery & Components
• Automotive & Transportation
• Home Appliances
• Cookware & Cutlery
• Medical & Surgical Tools
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

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Want to Know More?

Future Market Insights has published a market research report on the Global Stainless Steel Market that contains global industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in depth analysis of the Global Stainless Steel Market through different segments, namely by type, by size, application and region. The Global Stainless Steel Market report also provides supply and demand trends, along with an overview of the parent market.