Market Research Blog

Silicone is the common chemical used in textile processes such as dyeing and finishing. Silicone textile softeners are generally used to enhance the softness of fabrics. Silicon textile softeners improve the tear strength, mobility of fibers, abrasion resistance of fabrics, static protection and soiling resistance. They also reduce yarn and fabric tensile strength by reducing fiber cohesion, pilling, flammability as well as the breakage of the sewing thread.

Silicone softeners improve the properties of cloth, which include imparting a silky soft touch, crease recovery, improved lubricity, etc. Silicone softeners are more expensive than certain other softeners, however, they exhibit temperature stability and excellent durability. They enhance the softness of fabrics to match customer perception. Silicone is an organometallic polymer obtained from sand, an abundantly available raw material. Silicone is a standard term that states a specific class of synthetic polymers created from a framework of alternating oxygen and silicone with organic substituents attached to silicone. Among these, methyl group organics are the most important organic substituents used in commercial silicone.

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Silicone Textile Softeners Market:Dynamics

Growing population, increasing per capita income, coupled with an increase in the demand for clothing, are among factors boosting the silicone textile softeners market. In addition, a significant surge in the demand for silicone textile softeners has been witnessed in the textile industry owing to advancements in pre-treatment chemicals and speciality finishing chemicals. It has also been observed that various detergent companies are now adding silicone textile softeners to detergent to create a differentiating factor for their products.

In addition, they are saving the additional costs incurred by customers by eliminating the need to buy fabric softeners and detergents separately. This is expected to boost the demand for silicone textile softeners across the globe during the forecast period. Moreover, the rising popularity of long-lasting softeners, coupled with the growing demand for scented products and increase in the disposable income of the general population in developing countries such as China and India, is boosting the demand for silicone textile softeners. By material type, the liquid silicone textile softeners are the most preferred type owing to their ability to easily mix during the rinsing cycle in washing machines. The aforementioned factors are expected to bolster the global silicone textile softeners market over the forecast period.

However, the cost of silicone textile softeners is relatively high, which is expected to restrain the growth of the market. However, the current trend of using new and improved products for better results is expected to increase the global demand for silicone textile softeners over the forecast period.

Silicone Textile Softeners Market: Regional Outlook

Asia Pacific holds a significant share in the global silicone textile softeners market owing to the substantial growth of textile industries in this region. This growth is supported by growing urbanisation, improved lifestyle and increasing per capita spending on fashion products. The Asia Pacific is followed by Europe and North America, which are projected to exhibit slow growth as they are mature markets. The rest of the world is estimated to account for a relatively small share of the silicone textile softeners market.

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Silicone Textile Softeners Market: Market Participants

Examples of some of the market participants operating across the value chain of the global silicone textile softeners market are:

• Wacker Chemie AG
• Momentive Performance Materials Inc.
• Shin-Etsu Chemical Co., Ltd.
• Piedmont Chemical Industries
• NICCA U.S.A., Inc.
• Fineotex Ltd.
• Americos Industries Inc.
• The Dow Chemical Company
• CHT Group

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

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

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

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Silicone Textile Softeners Market:Segmentation

Based on material, the silicone textile softeners market can be segmented as follows:

• Liquid Type Silicone Textile Softeners
• Powder Type Silicone Textile Softeners
• Spray Type Silicone Textile Softeners
• Tablets Type Silicone Textile Softeners
• Sheets Type Silicone Textile Softeners

Based on the application, the silicone textile softeners market can be segmentedas follows:

• Household Cleaning
• Textile Industry
• Hospitality Industry
• Laundry Services
• Others

Future Market Insights finds, the global electrical insulation materials market is projected to reach US$ 9.42 Bn in 2021. Increasing application of electrical insulation materials in the electrical and electronics sector for various machines, devices, and equipment is expected to propel sales.

As per the study, the sales are poised to expand at 6.4% CAGR, surpassing US$ 17.53 Bn in 2031. Rising demand for thermosets such as epoxy resins, used in power generation for safeguarding the machines and equipment is favoring the growth in the market.

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Consequently, with increasing application in wires and cables, and batteries, demand for electrical wire and cable insulation materials will increase over the forecast period.

Besides this, consumer preference for cellulose, in the production of insulation boards and sheets for utilization in power and distribution transformers, is creating lucrative growth prospects for electrical insulation materials market players.

Regionally, East Asia is expected to contribute significant share, with China leading the growth in the global electrical insulation materials market. Growth in China is attributable to rising expenditure in innovation and development of new silicon electrical insulation materials for lithium ion batteries.

 “Increasing demand for thermoset electrical insulations, coupled with growth in infrastructural investments, will result in high demand for electrical insulation materials over the forecast period 2021-2031,” says an FMI analyst.

Key Takeaways:

• By material type, thermosets segment is expected to account for more than 45.5% of total electrical insulation materials market share in 2021.
• Sales of electrical insulation materials applied in wires and cables is anticipated to hold nearly 42.8% of the total electrical insulation materials market share in 2021.
• The U.S. is anticipated to hold a dominant share of 88.9% of the North America electrical insulation materials market in 2021.
• China will remain a lucrative market, creating an incremental opportunity of US$ 2.01 Bn in 2031.
• Germany is projected to account for 18.6% in the Europe electrical insulation materials market share in 2031.
• China and Japan will hold 21.2% and 5.9% of the global electrical insulation materials market share, respectively, in 2021.

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Competitive Landscape

Leading players operating in the global electrical insulation materials market include Nitto Denko Corporation, 3M Company, E. I. DuPont de Nemours and Company, The Dow Chemical Company, Showa Denko Materials Co., Ltd., KREMPEL GmbH, ITW Formex, Elantas GmbH, Nikkan Industries Co., Ltd, Dr. Dietrich Müller GmbH, and others.

More Insights into the Electrical insulation materials Market Report

In its latest report, FMI offers an unbiased analysis of the global electrical insulation materials market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material type (thermoplastics, thermosets, ceramics, fiber glass, mica, cellulose, cotton, and others), and application (power transformer, distribution transformers, electrical motors and generators, wires and cables, switchgears, batteries, and others) across six regions (North America, Latin America, Europe, East Asia, South Asia and Pacific, and Middle East and Africa).

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According to Future Market Insights’ (FMI) latest analysis report, the global automotive fabrics market is projected to register an impressive 6% CAGR throughout the forecast period, 2017 to 2022. The global market for automotive fabrics is estimated to reach roughly US$ 250 Mn in revenues by 2022-end.

The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020. Construction chemicals play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand.

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A new study by Future Market Insights (FMI) provides a detailed analysis of global metalized barrier films market for the forecast period 2017 to 2022. The global market for metalized barrier films will register a steady 5% CAGR, to exceed revenues worth US$ 4,000 Mn by 2022-end.

All types of flexible packaging have a drawback of permeability, allowing oxygen or other gases to penetrate through them. In order to overcome this challenge, packaging manufacturers came up with metalized barrier films, which enable prevention of internal atmosphere of packaging from getting influenced by the external environment. Metalized barrier films offer more technological benefits to flexible packaging as compared to rigid packaging products, as they offer higher efficiency in insulating the products at affordable prices.

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Manufacturers Focusing on Developing Innovative Products

Leading manufacturers of metalized barrier films are focusing on developing innovative products, such as metalized barrier films with moisture and oxygen protection along with aroma protection. Another example is of stainless steel coated metalized barrier films that are print receptive, making it ideal for variety of graphic applications , thereby providing attractive packaging solutions. Continuous innovations in designs, and testing new materials, technologies and techniques are key strategies adopted by manufacturers for gaining a competitive edge in the market.

High barrier Metalized Barrier Films will Continue to be Sought-after Among Barrier Types

Between ultra-high barrier and low barrier metalized barrier films, the former will register a higher CAGR, while the latter is expected to account for a comparatively larger revenue share of the market during 2017 to 2022. High barrier metalized barrier films will continue to be sought-after among barrier types. In contrast, medium barrier will remain the least lucrative barrier type of metalized barrier films during the forecast period.

Lids, blister pack base webs, and sachets are projected to be the fastest expanding applications of metalized barrier films throughout the forecast period. Revenues from these three applications of metalized barrier films are projected to account for over one-third market share in 2017. Pouches will continue to be the most lucrative application of metalized barrier films, albeit expanding at a comparatively lower CAGR than lids, blister pack base webs, and sachets. In contrast, stretch wrap films are anticipated to remain the least attractive application of metalized barrier films.

Projected to hold nearly two-third market revenue share during the forecast period, food and beverages will continue to be most attractive end-use segment of metalized barrier films. Pharmaceuticals is also expected to be a lucrative end-use segment of metalized barrier films, and will expand at a CAGR of 5% through 2022. Metalized barrier films sales for end-use in electronics are projected to register the lowest CAGR through 2022.

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Polyethylene and Aluminium to Remain Most Lucrative Materials for Metalized Barrier Films

Polyethylene and aluminium are anticipated to remain the most lucrative materials for metalized barrier films. Revenues from these two materials are projected to hold over half revenue share of the market in 2017. Sales of aluminium will register a comparatively higher CAGR than sales of polyethylene in the market through 2022.

Europe and North America will continue to be the largest markets for metalized barrier films over the forecast period. Growing demand for packaged beverages and food, along with the presence of numerous supermarkets and hypermarkets is propelling the market growth in these two regions. The market in Asia-Pacific excluding Japan (APEJ) is projected to reflect an impressive expansion through 2022, although accounting for a relatively lower revenue share of the market. This is mainly because of significant expansion of industries such as food & beverage, and pharmaceuticals in the region, particularly in India and China.

Key companies listed by the report, who are actively operating in the global market for metalized barrier films, include Forum Packaging, SRF Limited, Henkel AG & Co. KGaA, Mondi Group plc, Amcor Ltd., Bemis Company, Inc., Jindal Poly Films Ltd., DUNMORE Corporation Ltd., Polyplex Corporation Ltd., and Uflex Ltd.

For additional insights, the authors of this report can be contacted at press@futuremarketinsights.com

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Increasing use of organic friction modifier (OFM) additives for lubrication of automobile, aviation, rail, industrial and energy/ power machinery components is driving its demand across the globe. Future Market Insights (FMI)’s latest report reveals that the global organic friction modifier additives market is set to surge at a steady CAGR of 4.9% during the forecast period (2017-2022). As per the report, this market is estimated to reach a valuation of over US$ 500 Mn by 2022-end.

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OFM additives make a massive impact on the tribological attributes of the lubricant, increasing its functionality and efficacy to a significant extent. Moreover, OFM additives ensure smoother mobility of mechanical components, which is critically essential in airplanes, vehicles and several other industrial equipment. There has been a significant increase in demand for OFM additives due to their benefits and overwhelming results. Factors as such are expected to reflect favorably on the global sales of OFM additives over the next couple of years.

On the flip side, the growth of global market for OFM additives is expected to be impeded by introduction of more affordable substitutes such as corrosion and oxidation inhibitor anti-wear agents, detergent additives, dispersant additives and oiliness agents among others.

Based on additive type, demand for polymers additives will remain relatively high as compared to additives such as fatty acids and esters & amides in 2017 and beyond. Global sales of polymer additives currently account for more than 34% revenue share of the market. In addition, over US$ 170 Mn worth polymer additives are estimated to be sold globally by the end of assessment period, exhibiting an impressive growth. Meanwhile, global sales of fatty acids and esters & amides additives will collective represent for the largest market share over 2022.

Based on end use, OFM additives is expected to remain crucial in automobile lubricants throughout the projection period. OFM additives used in automobile lubricants currently command for nearly 44% revenue share of the market. By the end of 2022, more than US$ 220 Mn worth OFM additives are expected to be used automobile lubricants. Use of additive in industrial lubricant in also projected to increase at a significant rate between 2017 and 2022.

Among regions, the OFM additive market is the Asia-Pacific excluding Japan (APEJ) region is projected to remain highly lucrative during the forecast period. Currently, the APEJ accounts for the largest market share in terms of revenue and is likely to continue its dominance in 2017 and beyond. Further, APEJ’s OFM additives market is expected to surge at a sound CAGR during 2017 to 2022 and reach a valuation of more than US$ 150 Mn. This mainly attributed to the growing demand for additive in emerging countries such as India and China, as they are undergoing an industrial revolution and experiencing an economic boom. Meanwhile, North America is expected to remain the second largest market for OFM additives over 2022.

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Competitive Landscape

Some of the prominent market players profiled in FMI’s report include Dow Chemical Company Limited, Chemtura Corporation (LANXESS Solutions US, Inc.),BASF SE, Eastman Chemical Co., Celanese Corporation, Cargill, Inc., Croda International Plc., International Lubricants Inc., Afton Chemicals Corporation, and Multisol Ltd. Many of these companies are actively focusing on improving product efficacy and expanding production capacity in order to tap the market opportunities. In addition, partnership, collaboration and M&A activities will continue to be a major trend in the market. A majority of market participants are also inclining towards joint ventures and strategic deals to strengthen their sale and distribution network.

For queries, get in touch with Future Market Insights’ analysts at press@futuremarketinsights.com

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Key Segments Covered

Additive Type

• Polymers
• Fatty Acids
• Esters & Amides
• Others

End User

• Automobile Lubricants
• Industrial Lubricants
• Aviation Lubricants
• Energy/ Power Generation Lubricants
• Rail Lubricants

Fig is a fruit of ficus carica, an Asian species of flowering plant comes from mulberry family which is known as common fig. it’s the native fruit of Asia and Middle East. It’s been grown since ancient days both for its fruit as well as the plant itself. Now a day demand for fig ingredients is increasing, because of which fig plant is cultivated throughout the world. Fig plant is one of the oldest plant cultivated by Homosapien. Figs generally are sweet in taste and has a chewy texture. Fresh figs are soft and perishable and at times to preserve it for longer duration of time it is dried. Common Figs are generally found in rocky areas above the sea level of 1,700 meters and can be grown in poor soil. It is grown in the hilly areas of India as well, most commonly found in Pithoragarh, Kumaun hills.

Market Segmentation of Fig Ingredients:

Fig Ingredient is segment on the basis of application, form and region. On the basis of application fig ingredient market is segmented into food and cosmetic & personal care products. The food segment is further divided into sub segments that is bakery, confectionary and dairy products. The cosmetic & personal care products are further sub segmented into face wash, face moisturizer, body scrub and perfumes.   Among all these segment food segment is expected to grow enormously in the coming future.

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The demand for fig ingredient is more due to the ease of availability of product to the consumer. On the basis of form thefig ingredient market is segmented intopowder and paste.Fig Ingredient are available in various forms but the most popular form is the powder form. Fig Ingredient has special properties which provide various health benefits such as anti-oxidant properties, acts as a superb prebiotic and has the ability to maintain good digestive system.On the basis of region fig ingredient market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.

Market Regional Outlook:

Regional segment for the market of fig ingredient is divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment MEA is expected to have the major market share globally, as it is the largest producer and consumer of fig ingredient. In terms of revenue Asia Pacific may be the second prominent contributor in thefig ingredientmarket.

Market Drivers:

Fig is not only a rich source of calcium but it also exhibits some special properties such as helps to keep calcium in bones, reduces the risk of osteoporosis and helps to lower down the cholesterol level of the body. Fig ingredients also contain oxalates at high level and helps in the prevention of colon cancer and hypertension.The rise in demand for anti-ageing cream is also expected to drive the growth of global fig ingredientmarket.  Research have shown that fig ingredient helps in the nourishment of the intestine as it is a natural prebiotic and act as a natural laxative.Moreover, the market is also driven by the increasing awareness among the consumers about the health benefits associated with fig ingredients. Fig ingredients is used as treatment for diabetes, cough, piles, asthma, whooping cough and bronchitis. Although fig ingredient market is growing at a steady pace yet it may have some restrain such as consuming too much fig is not recommended by the doctors as too much consumption may cause diarrhea. Furthermore high content of sugar may also cause tooth decay and chemical present in the fig may also cause allergy to some people.

Market Key Players:

Some of the key players in fig Ingredient market areGo Figa, Diptyque, Tuscan Fig, Pixi Beauty, the body shop, Marc Jacobs, TABLE TOP GARDEN, Rutherford Meyer, the goods,Stonewall Kitchen, deliver gourmet food,Newman’s Own, Dairy Farmers, Rosebud Preserves Ltd and Gippsland Dairy among others.

The report covers exhaustive analysis on:

• Fig Ingredient Market Segments
• Fig Ingredient Market Dynamics
• Historical Actual Market Size, 2014 – 2015
• Fig Ingredient Market Size & Forecast 2017 to 2027
• Fig Ingredient Market Supply & Demand Value Chain
• Fig Ingredient Market Current Trends/Issues/Challenges
• Fig Ingredient Market Players Competition & Companies involved
• Fig Ingredient Market Technologies
• Fig Ingredient Market Value Chain
• Fig Ingredient Market Drivers and Restraints

Regional analysis for Fig Ingredient Market includes:

• North America
  • US
  • Canada
• Latin America
  • Argentina
  • Mexico
  • Brazil
  • Rest of Latin America
• Europe
  • U.K.
  • France
  • Germany
  • Poland
  • Russia
• Asia Pacific
  • Australia and New Zealand (A&NZ)
  • China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Japan
• The Middle East and Africa
  • GCC Countries
  • North Africa
  • South Africa
  • Rest of MEA

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.

Fig Ingredient Market

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Report Highlights:

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

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:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

White mineral oils are highly refined mineral oil, it is a mixture of liquid hydrocarbons, essentially paraffinic and naphthenic in nature obtained from petroleum. They are hydrophobic, colorless, tasteless, odorless, and do not change color over time. The inert nature of this white mineral oil makes it easy to use it as lubricate, smoothens, soften and resist moisture in many formulations making it very useful in the pharmaceutical and personal care preparations.

Apart from this the white mineral oil is also used in pesticides, textile auxiliaries, dye intermediates, agrochemicals, polymer, specialty lubricants, specialty chemicals, incenses and as a carrier solvent for industrial applications. These wide applications of white mineral oil is creating a high demand pharmaceutical, industrial and food sectors and this demand is anticipated to grow during the forecast period.

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White mineral oil Market Segmentation:

White mineral oil market is segmented on the bases of application and region. On the basis of application white mineral oil is segmented as pharmaceutical, cosmetic/personal care and industrial. The pharmaceutical use of this oil is branch out to various forms of preparations such as pain balms, creams, lotions, salves, petroleum jelly, bulk drugs, animal vaccines etc., owing to this diversity in use the white mineral oil is expected to see a sustainable rise in CAGR during the forecast period. The pharmaceutical white mineral oil is found in two different varieties namely light grade and heavy grade and are prepared according to the standard pharmacopoeia (B.P., U.S.P., I.P. etc.).

The industrial application of white mineral oil is further expected to see an upsurge in demand in certain rising economies on the backdrop of high industrialization schemes in the respective countries.

White mineral oil Market Regional Outlook:

The demand of for white mineral oil is expected to grow throughout the  globe and certain regions are anticipate to witness a higher growth rate, the countries such as Tanzania in East Africa backed up by China has reported a significant growth in industrial sector. This has led to continuous demand for materials such as lubricants, wire rope lubricant, aerosol lubricants and other materials used in mundane operations in the industry. The countries in the south eastern regions such as Maldives, Myanmar, Cambodia, Bangladesh, Philippines etc. have also shown sizeable growth in industrial sector, creating an immense demand for industrial materials including white mineral oil.

White mineral oil Market Drivers and Trends

Good political environment for investors in Ethiopia, Mozambique China, coupled with high overall growth of industrial sector in these countries is expected to drive the demand for industrial lubricants such as white mineral oil.

White mineral oil is a widely used in the pharmaceutical industry as a release agent, binder, and lubricant in or on capsules and tablets containing concentrates of flavoring, spices, condiments, and used in variety of preparations. The extent of use of this oil is expected to continue during the forecast period. With a high pharmaceutical exporting countries such as Germany, Switzerland, Belgium, U.S., requirement for the pharmaceutical excipient including white mineral oil is expected to remain high whereas a significant rise in demand is expected from countries such as Canada and India which reflects the fastest growing countries in terms of pharmaceutical exports and thus requiring more excipients to continue this rise in growth.

Furthermore white mineral oil is used in as a float on fermentation fluids in the manufacture of vinegar and wine to prevent or retard access of air, evaporation, and wild yeast contamination during fermentation, it is also used in bakery products, as a release agent and lubricant and the overall rise in consumption of bakery product. These miscellaneous uses are creating high demand and thus supplementing the growth of white mineral oil market.

White mineral oil Market Key Players:

Some of the key players participating in the global white mineral oil market includes; Exxon Mobil Corporation, Chevron Corporation, Total S.A., BASF S.E., Huntsman Corporation, Clarion Co., Ltd. among others.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Historical Actual Market Size, 2012 – 2016
• Market Size & Forecast 2017 to 2027
• Supply & Demand Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Aircraft Refurbishing Market Drivers and Restraints

Regional analysis includes

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & 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.

Click for the TOC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-4525

Report Highlights:

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

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:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Pigeon peas are the edible seeds belonging to legume or leguminosae family. It is a perennial plant used extensively for animal feed and for developing pulses. Pigeon pea is also known as cajanus cajan.It provides quality protein and improves soil structure. There are four varieties of pigeon peas namely tall varieties, tree types, dwarf varieties, and smaller bushes. Pigeon pea is one of the essential legume crops originated in South Asia and are now growing in tropical and sub-tropical regions. Moreover, the largest pigeon peas producing regions are India, Latin America, and Eastern Africa.

Pigeon pea contains high level of nutritional elements such as calories, carbohydrates, vitamins, proteins, and amino acids. Pigeon pea enriches soil fertilizer through symbiotic nitrogen fixation and allows farmers to have a valuable organic product and micronutrients. Pigeon pea is also used as a green manure, cover crop, intercrop and much more in various farming systems.

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Pigeon Pea Market:Drivers and Restraints

Pigeon pea market is witnessing maximum growth owing to the low price of pigeon pea, long storage ease, rising demand for processed products, advanced hybrid seed production technology, enhanced production capacity, and logistical infrastructure. Moreover, consumers are increasingly become health & nutrition conscious, government initiatives for farmers welfare, and increasing government investment towards agriculture sector are some of the other factors that can boost the demand for pigeon pea over the forecast period.

However, seasonal changing pattern, substitutes to pigeon pea, unorganized sector, price fluctuation, high-quality standards, and the threat from pathogens such as fusarium wilt disease, & pests that attack crops are the foremost production constraints which may further hamper the growth of pigeon pea market in near future.

Pigeon Pea Market:Overview

Pigeon pea market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to the government initiatives to control the price war of pulses & improve crop quality.Rising demand for pigeon pea enables farmers to purchase more farm animals and diversify pigeon pea production thus increasing profit and spread risk.

Moreover, pigeon pea contains high protein level & amino acids, improves soil fertility along with consumed in a variety of forms and contains some medicinal value to overcome stomach problems.These are some of the factors that can accelerate the market revenue growth of pigeon pea during the forecast period. Based on form, frozen is anticipated to grow at the highest CAGR over the forecast period This is attributed to the changing lifestyle and busy schedule of the consumers which allow manufacturers to offer pulses that have long term storage capacity.

Pigeon Pea Market: Region-wise Outlook

Depending on the geographic region, pigeon pea market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific, and Middle East & Africa. North America dominates the pigeon pea marketfollowed by Europe and  Japan owing to advanced technology, high demand for flavored food, establishes R&D facilities and favorable climate conditions in these regions. Moreover, India is the largest producer of pigeon pea accounted for 82% of overall pigeon pea production worldwide followed by Indian subcontinent, Eastern & South Africa, and Latin America. Asia Pacific holds huge potential and shows substantial growth in terms of increasing focus towards dietary food habits among consumers, developing logistical infrastructure, expanding import demand for pigeon pea, rising per capita spending on processed pulses.Moreover, early mature pigeon pea varieties in these region allow farmers to reduce costs and enhance their footprints in expanding markets.

Pigeon Pea Market :Key Players

Some players of pigeon pea market are SYMAF Co Ltd., Sun Impex, Interamsa Agroindustrial SAC, A.B.agro Company, Arvind Limited, Akyurek Kardesler Ltd., Taj Foods, Pulses Splitting & Processing Industry Pvt Ltd and Unitex Tanzania Limited.

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, material, 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

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
• Eastern Europe (Russia, Poland)
• 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.

Pigeon Pea Market: Segmentation

The pigeon pea market has been classified on the basis of the price range, form and distribution channel.

Based on price range, the pigeon pea market is segmented into the following:

• Premium
• Mid
• Low

Based on form, the pigeon pea market is segmented into the following:

• Frozen
• Dried
• Canned
• Fresh

Based on distribution channel, the pigeon pea market is segmented into the following:

• Supermarket/hypermarket
• Independent Grocery Stores
• Online/e-Commerce
• Others

Download the TOC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-2979

Report Highlights:

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

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.

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The crude sulfate turpentine market is expected to reach a value of US$ 513.5 Mn in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 872.9 Mn by 2031, rising at a CAGR of 5.4% for 2021-31.

Crude sulfate turpentine market players are shifting their focus towards emerging economies that are fast becoming opportunity hotbeds for various factors. Crude sulfate turpentine companies are implementing robust go-to-market strategies such as collaborations, partnerships, mergers, and divestitures in addition to focusing on organic growth. FMI projects global crude sulfate turpentine products volume to rise at 4.8% CAGR through 2031.

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Key Points Covered in Crude Sulfate Turpentine in Food and Beverage Sector Study

• Market Estimates and Forecast 2015-2031
• Key Drivers and Restraints Impacting Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Crude Sulfate Turpentine in Food and Beverage Sector and How to Navigate
• Recommendation on Key Winning Strategies

What is 2021-2031 Growth Forecast in Comparison to 2016-2020 Crude Sulfate Turpentine Market Outlook?

Key players in global crude sulfate turpentine market are focusing on strategic collaborations with local distributors to reach large consumer base in emerging countries. Increasing demand for cosmetics and personal care products is creating opportunities for new players in Asia Pacific for crude sulfate turpentine market.

Revenue from the sales of personal care products and natural ingredients has been forecast to increase substantially in countries like China, India, Japan and Southeast Asia over the period. Driven by this, Future Market Insights projects the crude sulfate turpentine market to remain steady, exhibiting growth at 5.4% CAGR between 2021 and 2031 in comparison to the CAGR of 4.1% posted between 2016 and 2020.

Among product types, alpha-pinene, being the primary chemical constituent of cypress, rosemary, juniper berry, frankincense and helichrysum essential oils, is being widely used in the cosmetics industry. It also offers a range of benefits for skin and oral health and support immune and respiratory system functions. It can

Market Research Methodology – Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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Why is Crude Sulfate Turpentine Gaining Traction as a Solvent or Cleaning Agent for Paints and Varnishes?

Crude sulfate turpentines are most widely used as paint thinner in both household and artistic coatings. Turpentine was used before to dilute printer’s ink. Now with growing demand from industries, it has become a solvent or diluent for various products, like natural or modified binders, resins, oils, paints and polishes.

In other oil-based paint and coating formulations, peroxidation of terpenes derived from turpentine accelerates drying of oils and other film formers.  All these factors are making crude sulfate turpentine a key ingredient in paints and varnishes.

How is Demand in Pharmaceutical Industry Driving Crude Sulfate Turpentine Sales?

Being a powerful bronchodilator, alpha-pinene type of crude sulfate turpentine is found in essential oils industry distinctly. It is highly bioavailable, shows effectiveness in human pulmonary uptake, and can be metabolized quickly. It also acts as a supplement in many dementia drugs by inhibiting cholinesterase and enhancing cholinergic activity, when used only in small concentrations.

Drugs that have alpha-pinene constituent are sometimes administered to protect pancreas and lungs against infection. Alpha-pinene can reduce the production of TNF-alpha, which is the pancreatic tumour necrosis factor. Also, it can inhibit some cell deaths hence it may be used for treatment in pancreatic cancer. These factors are boosting the use of crude sulfate turpentine in pharmaceutical industry.

Which Harmful Effects of Crude Sulfate Turpentine is withholding the Market?

Toxic gases and vapors, like carbon monoxide and partial products of terpenes generated from auto-oxidation process can spark fire in a confined space. Turpentine also attacks some coatings and forms of plastic and rubber.

It is suggested that turpentine should be stored in a dry, cool and well-ventilated space and put in containers keeping them tightly sealed. Containers of turpentine should always be protected from physical damage and stored separately from strong oxidizers, sparks, heat or open flame.

What is the Impact of COVID-19 on the Crude Sulfate Turpentine Market?

While the world is being challenged with an unprecedented crisis of ongoing COVID-19 scenario, many countries have stopped regular activities amidst lockdown and restrictions implemented to contain the virus.

It has also altered consumer buying decisions, while the limited availability of raw materials is affecting the market worldwide. Besides this, production, processing, distribution and consumption processes have been disrupted due to the supply chain disturbance.

While cosmetic products, aromatherapy and fragrance industry is on path of recovery, paints and rubber industries are yet to overcome effects of disruptions. Veterinary medicines, tires and plastic industries are also gaining traction gradually.

Against this backdrop, FMI has forecast that tires and rubber industries will register CAGR at 7.2% and 8.5%, respectively over the assessment period.

Country-wise Insights

Did FDA Approval of Turpentine in Different Industries Help in Driving Crude Sulfate Turpentine Sales in the U.S.?

According to FMI, the U.S. is a dominant market for crude sulfate turpentine and it is also expected to exhibit high growth over the forecast period. According to the latest study, sales in the U.S. is estimated to account for more than 94.2% of the North America market in 2021.

As FDA approved turpentine spirits and listed it as an active ingredient in various drug products formulations, it unfolded scope for increasing application of crude sulfate turpentine products in pharmaceutical industry. It is being used for nasal drug products, cold and fever treatments, expectorant drug products, oral menstrual drug products, drug products related to insect bites and more.

Crude sulfate turpentine also has emerged as an ingredient used in food applications. It has been listed as a natural flavoring substance by FDA and its use also is allowed in adhesives for food packaging.

Terpene resins and hydrocarbons can be used in polypropylene or polyolefin films for use in food packaging industry. Surging applications across diverse industries will continue pushing sales in the U.S.

Why is the Production of Crude Sulfate Turpentine Increasing in India?

According to FMI, the crude sulfate turpentine market in India is estimated to be valued at US$ 9.5 Mn in the year 2021. The Indian government is supporting the local crude sulfate turpentine production and is creating a strong gateway for its application across diverse industries such as integrated paints, pulp and paper industry, Indian pine chemicals industry, bio-fuels and petrochemical industry.

India, being a prime biodiversity hub for fauna and flora, has access to huge resource to produce turpentine from pines. As a result, India is now leading in exporting natural resins and gums. It is also creating opportunities for the market players as they demand is expected to rise in small scale industries

Why are China and Japan Dominant in East Asia Market for Crude Sulfate Turpentine?

According to FMI’s analysis, China is estimated to account for more than 56.9% of the East Asia share in the year 2021, while for Japan it is estimated as 31.4%.

Researches and development initiatives undertaken in both countries are creating a positive spillover effect as application of crude sulfate turpentine is increasing in drug and food packaging industries.

What is Driving Crude Sulfate Turpentine Sales in Europe?

Crude sulfate turpentine is used widely in furniture polishes and varnishes to give a nice structure in home crafts. Turpentine can also be used as protective coating or metal polish, if mixed with linseed oil and beeswax. Certain reports from UK shows local use of turpentine in ceramic coating industry as well as pottery industry is increasing.

In Europe, France is the leading market, accounting for 29.9% of market share, while Russia market has emerged as the second-leading and is forecast to total US$ 35.7 Mn in 2021. Consumer interest in product quality and safety will continue driving sales in Europe.

What are Driving Sales in Brazil and Mexico?

Aversion to free trade and lack of regional integration in Latin America contracted crude sulfate turpentine sales in Brazil and Argentina before. The scenario has changed completely now. As Peru and Mexico adapted free trade agreements successfully, other countries are joining the bandwagon, increasing trade activities between countries. Brazil and Mexico now have more than 69.3% share together in the Latin America market.

Free trade has also increased access to lower-priced goods with a much higher-quality. Cheaper imports from China and India are also facilitating the inflationary pressure in these countries.

Other manufacturers of crude sulfate turpentine are now getting easy access to Brazil and Mexico, which is driving the growth of market over there with high CAGR, 5.6% and 6.5% respectively.

Category-wise Insights

Which Product Type of Crude Sulfate Turpentine is in High Demand?

Alpha-pinene and beta-pinene are employed as anti-inflammatory agent and flavoring agents. They are expected to account for 52.6% and 18.8% of the overall market respectively in 2021. Use of alpha-pinene is rising in skin care products, while beta-pinene is being explored for a wide range of medical and health benefits.

Alpha-Pinene and beta-pinene also are used in the flavor industry. Their application to synthesis terpineol, linalool, and other sandalwood fragrances is rising as well. They are used for flavoring of daily chemicals as well.

Brands often use alpha-pinene and beta-pinene as a flavoring agent commercially and in oil diffusers. Not only the flavor profile of alpha-pinene is sharp with hints of cedarwood and pine, but it displays unique therapeutic effects also which contributes entourage effects of cannabis-based medicinal extracts.

Manufacturers are not limited to only natural medicines when it comes to crude sulfate turpentine application. Being flexible in synthesis of polymers; they are often used for producing better quality polymers. Pinenes safety profile is also considered outstanding, thus allowing their usage in several chemicals, considered as Generally Recognized As Safe (GRAS).

Crude sulfate turpentine products, extracted from pine trees, are also used by manufacturers in a wide array of consumer goods including adhesives, paints, inks, perfumes, fragrances in soaps and household cleaners, flavors in soft drinks and food, food additives, automobile tires, vitamins, and many more other industries.

Which is the Preferred Form of Crude Sulfate Turpentine?

Oil form of crude sulfate turpentine is estimated to account for more than 89.9% of the market share globally in 2021, which is expected to grow with CAGR 4.8% over the forecast period to reach a value of US$ 738.2 Mn in 2031.

Which Processing Method is more preferred for Crude Sulfate Turpentine Market?

Sulfate-distilled method accounted for 63.0% market share globally in 2021, however, destructively-distilled method is expected to grow with CAGR 9.2% for the forecast period.

Why are Crude Sulfate Turpentine Application in Veterinary Medicine and Plastic Products Rising?

Due to applications in diverse industries, like printing industry, veterinary medicines, cosmetics and personal care industry, tires, plastic and rubber industries, demand for crude sulfate turpentine is r rising.

As per FMI, the demand in veterinary medicine and plastic products segments will continue increasing. Crude sulfate turpentine product manufacturers are launching application-specific products to cater to the changing demand from clients.

Competitive Landscape

Ongoing trend of using ingredients derived from renewable sources in various applications and rising cognizance among consumers about the use of crude sulfate turpentine in pharmaceuticals are pushing the demand in global market. Consumers are becoming more aware about the product, which is encouraging the manufacturers to focus more on the market.

For instance-

• Kraton Corporation has gained momentum in the market despite of COVID-19 induced challenges and has became one of the prominent manufacturers and suppliers of crude Sulfate turpentine with a significant share. They now serve more than 800 customers in over 70 countries worldwide across a diverse range of end markets.
• In 2017, Ingevity Corporation announced it for an agreement with Georgia-Pacific worth US$ 315 Mn while acquiring Georgia-Pacific’s pine chemicals business. The acquisition is subject to certain regulatory approvals and other customary closing conditions.

Download the TOC of this Report: https://www.futuremarketinsights.com/reports/crude-sulfate-turpentine-market/table-of-content

Scope of Report

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	USD Million for Value
Key Countries Covered	US, Canada, Brazil, Mexico, Argentina, Peru, Chile, Germany, France, Italy, Spain, UK, Benelux, Nordic, Russia, Poland, Rest of Europe, India, Thailand, Malaysia, Singapore, Rest of South Asia, China, Japan, South Korea, Australia, New Zealand, GCC Countries, South Africa, North Africa, Central Africa, Rest of MEA
Key Segments Covered	Product Type, Form, Processing Method, Application, and Region
Key Companies Profiled	Kraton Corporation Pine Chemical Group Symrise Storaenzo UPM Corporation Dérivés Résiniques et Terpéniques Takasago International Corporation Metsa Fibre West Rock Torgoviy Dom Lesokhimik Others
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization and Pricing	Available upon Request

 

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Crude Sulfate Turpentine by Category

By Product Type:

• Alpha-Pinene
• Beta-Pinene
• Camphene
• Limonene
• 3-Carene
• Terpinolene

By Source:

• Powder
• Oil

By Processing Method:

• Steam-Distilled
• Destructively-Distilled
• Sulfate-Distilled
• Sulphite-Distilled

By Application:

• Printing Industry
  • Paints
  • Printer’s Ink
• Veterinary Medicine
  • Stimulant Diuretic
  • Anthelmintic
  • Carminative
  • Expectorant
• Cosmetics and Personal Care
  • Fragrances
  • Cosmetics Products
  • Massage oils and Aromatherapy
• Tires Industry
• Plastic industry
• Rubber Industry
• Others

By Region:

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

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:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com