Market Research Blog

Global infrastructural development has reached newer heights in the last few years, with massive constructions – both residential and commercial – mushrooming across both Tier 1 and Tier 2 cities across the world. This has led to impressive growth of the global building and construction industry and as a consequence positively impacted revenues of ancillary industries. Plywood is an inherent component of the construction industry – being widely used in manufacturing readymade and customised furniture.

“Growth in global consumption of plywood is pegged to increase at a decadal rate of 4.6% to reach 164,402 cubic meters by the end of 2022. This growth is attributable to the continuous demand from end-use industries especially the furniture production industry.” — Future Market Insights

Future Market Insights (FMI) throws light on some of the key factors boosting revenues in the global market for plywood. Plywood finds increasing use across diverse applications ranging from furniture, flooring, and packaging of high-value goods. This is anticipated to boost sales of plywood in the global market, according to Future Market Insights forecasts. A growth in residential and commercial spaces across the world has further boosted the demand for readymade and aesthetically designed furniture, incorporating extensive use of plywood. With people opting for designer furniture, the demand for plywood from the furniture industry is already peaking and this is anticipated to augment revenues in the global plywood market.

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Besides, there is an increasing global phenomena promoting the use of wood and wood based products in the construction of both residential as well as commercial buildings. This trend is being supported by laws enforced at the administrative level. For instance, Japan’s “Act for Promotion of Use of Wood Products in Public Buildings, 2010” seeks to encourage the use of plywood in the construction sector. Global construction projects focusing on wooden skyscrapers such as the Oakwood Timber Tower are also expected to positively impact demand for plywood in the coming years.

Wood and wood based products such as plywood are eco-friendly in nature, encouraging the plantation of trees to meet the rising demand. Plywood and other ancillary wood products contribute to environmental protection. This is another factor acting in favour of the plywood market.

This study by FMI on the plywood market further identifies the growing importance of plywood in the global packaging industry as a key demand driver. “Plywood has enhanced mechanical strength besides being lightweight in nature. Plywood is also reusable and helps save on costs. This makes plywood the best packaging option for various types of products. With the current ban on plastic for product packaging, plywood is being increasingly adopted as a highly effective raw material to package different types of goods. This is expected to boost revenues in the global plywood market.”

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Key Companies Profiled

• Weyerhaeuser Company
• Boise Cascade Company
• Greenply Industries Limited
• Georgia-Pacific, LLC
• Uniply Industries Ltd
• JAYA TIASA HOLDINGS BERHAD
• UPM-Kymmene Oyj
• SUBUR TIASA HOLDINGS BERHAD
• Sveza-Les LLC

Lucrative Opportunities Lie in the African Timberlands for both Existing Players and New Market Entrants

The presence of vast expanses of land in Africa coupled with the overall low costs of maintenance and production in the region make Africa a very attractive choice for the growth of forestry and the manufacturing of wood products, particularly plywood. Manufacturers in the global plywood market are looking at lucrative growth prospects in the African continent, given the region’s huge natural timberlands and mature plantations. Harvesting of plywood in the African forests is both cost-effective and environment friendly. This is boosting the setting up of backward integrated units manufacturing plywood, hence creating highly lucrative opportunities for players in the global plywood market.

Massive growth of the global construction industry has resulted in the pumping in of huge infrastructure investments by both private sector and public sector enterprises. This is likely to broaden the horizon for regional manufacturers of plywood with endless possibilities for revenue growth.

Adoption of Plywood in Digital Printing Trending the Global Market

Plywood is increasingly finding application as a substrate in high-scale inkjet printing projects. Plywood is used as an alternative to aluminium and plastic sheets owing to its non-reflective nature. Digitally printed plywood serves as an excellent substitute for several outdoor applications such as fence and road signs, as it is highly durable. This is the latest trend dotting the global plywood landscape, pushing revenues in the global market.

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Key Segments Covered in Plywood Industry Research

By Grade :

• MR Grade Plywood
• BWR Grade Plywood
• Fire Resistant Grade Plywood
• BWP Grade Plywood
• Structural Grade Plywood

By Wood Type :

• Softwood
• Hardwood

By Application :

• Plywood for Furniture
• Plywood for Flooring & Construction
• Plywood for Automotive Interiors
• Plywood for Packaging
• Plywood for Marine Use
• Others

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

Future Market Insights (FMI) delivers key insights on the global metallic stearates market, in its upcoming outlook titled, ‘Metallic Stearates Market: Global Industry Analysis 2017-2021 and Opportunity Assessment 2022-2028‘. In terms of value, the global metallic stearates market is projected to register a healthy CAGR of 4.2% during the forecast period, due to various factors, regarding which, FMI offers vital insights in detail.

The expanding rubber industry, globally, rise in the demand for PVC (polyvinyl chloride) and other types of polymers in end-use industries, increasing usage of metallic stearates in a variety of applications such as calendaring, crystalline film, ceramic, adhesives and sealants, medical devices, coated fabrics, roofing materials, and others are some of the factors accelerating the demand for metallic stearates in the market. There is extensive use of metallic stearates such as calcium and zinc in the rubber industry. The unique properties of metallic stearates such as low melting point, water repellency, lubricity, and hydrogen solubility make them useful for various purposes. These unique properties allow metallic stearates to be used in several applications. Additionally, metallic stearates are also used as dry lubricants in the plastic industry. In the polymer and plastic industry, metallic stearates are added to resin particles to facilitate lubrication.

Inorganic growth at a regional level enables companies to enhance their market presence and customer base, coupled with expanding technological capabilities and the need to achieve higher economies of scale. Through mergers and acquisitions, key players have increased their production capacity and market share, thus, increasing the new entry-level barriers in the market. Moreover, in various applications such as plastics and rubber, calcium stearates are used as lubricants in the development of resin-coated and for metal casting by the shell molding technique. Metallic stearates have significant usage as plastic stabilizers, lubricants, and mold release agents.

The global metallic stearates market is expected to witness a hike in volume, to approximately US$ 1,772,349 metric tons in 2018, driven by the increasing use of metallic stearates as acid scavengers and lubricants in various industries, along with advanced technology and increasing plastic production in developing countries, which is expected to surge revenue growth of the metallic stearates market.

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This metallic stearates market study covers the trends driving each segment, and offers analysis and insights of the potential of metallic stearates in specific regions. Based on region, the metallic stearates markets in China and North America are expected to dominate over the forecast period, followed by Western Europe. APAC is expected to register a high growth rate between 2022 and 2028 in the global metallic stearates market. China is expected to remain the largest market through 2028. China’s metallic stearates market accounted for 30.2% market share in 2017, and is expected to account for 30.3% market share by 2028.

In terms of volume, APAC is expected to register a significant CAGR during the forecast period. On the basis of product type, the metallic stearates market is segmented as zinc stearate, calcium stearate, magnesium stearate, aluminium stearate, and others (sodium stearate, berium stearate, etc.). The calcium stearate segment is expected to register the highest growth over the forecast period. On the basis of application, the metallic stearates market is segmented into polymers & plastics, rubber, pharmaceuticals, personal care & cosmetics, construction, paints & coatings, and others (paper, metallurgy, etc.). The polymers & plastics segment is likely to be the most attractive segment in the metallic stearates market during the forecast period. Amongst these above mentioned segments, the polymers & plastics segment is anticipated to occupy the largest market share of 32.6% by 2028 end.

The detailed profiles of key players are also included in the scope of the metallic stearates market study to evaluate their long-term and short-term strategies, key offerings, and recent developments in the metallic stearates space. Key players include Baerlocher GmbH, Akrochem Corporation, Dover Chemical Corporation, Faci S.p.A., Peter Greven GmbH & Co. KG, PMC Biogenix, Inc., Univar Inc., Sinwon Chemical Co., Ltd., PROMAX Industries ApS, Valtris Specialty Chemicals, and others.

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Key Segments Covered in Metallic Stearates Industry Survey

Metallic Stearates by Product Type

• Zinc Stearate
• Calcium Stearate
• Magnesium Stearate
• Aluminium Stearate
• Others (Sodium Stearate, Barium Stearate, etc.)

Metallic Stearates by Application

• Metallic Stearates for Polymers & Plastics Industry
• Metallic Stearates for Rubber Industry
• Metallic Stearates for Pharmaceuticals Industry
• Metallic Stearates for Personal Care & Cosmetics Industry
• Metallic Stearates for Construction Industry
• Metallic Stearates for Paints & Coatings Industry
• Others

Metallic Stearates Market by Region

• North America Metallic Stearates Market
• Latin America Metallic Stearates Market
• Europe Metallic Stearates Market
• East Asia Metallic Stearates Market
• South Asia & Pacific Metallic Stearates Market
• Middle East & Africa (MEA) Metallic Stearates Market

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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.

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

A recent surge in demand for sodium bicarbonate is driven by the rising demand from several end-use industries, most importantly processed food, and pharmaceuticals. Also, requirements in flue gas desulfurization, leather, dyes, and detergents will contribute to growth, finds Future Market Insights (FMI) in a new study. According to the report, the market is forecasted to exhibit a 3.9% CAGR through 2031.

Globally, the sodium bicarbonate market is driven by demand from processed food and pharmaceutical production sectors. Food grade and technical grade offerings are expected to hold major market share owing to extensive scope of use in several the end use sectors. Together, these grades of sodium bicarbonate are estimated to account for more than two thirds of the volume share.

Sodium bicarbonate is a crystalline powder that has a color range from white to light brown. It is manufactured in different forms including liquid, powder, and slurry. There are different grades of sodium bicarbonate available for pharmaceutical, food, feed, and technical applications.

Some of the leading applications include food and beverages, pharmaceuticals, personal care products, chemicals, agrochemicals, fire extinguishers, dyes, and water treatment. Also, the non-toxic nature of the material has been a crucial factor for growth in the global market.

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Key Takeaways from Sodium Bicarbonate Market Study

• Driven by rising demand in food and beverage applications, the sodium bicarbonate is projected to surpass a valuation of US$ 2.3 Bn by 2031.
• Pharmaceutical based sodium bicarbonate is expected to witness positive growth owing applications in API, excipients, and in hemodialysis solutions.
• China is one of the fastest growing regional markets owing to the strong presence of end use industries and low raw material costs.
• Powdered sodium bicarbonate is projected to hold a greater market owing to superior user convenience.
• Germany’s contribution towards the European market will continue rising, trailed by France and the U.K.

“End-use industries are focusing on the procurement of high-quality and cost-efficient sodium bicarbonate to improve product performance and profit margins, which will play key roles in market developments through the end of the assessment period in 2031” said a lead analyst at FMI.

Sodium Bicarbonate Market: Participant Insights                                  

Market leaders in the moderately fragmented sodium bicarbonate market are largely focused on strategic expansions, providing high quality products, strengthening their product portfolios and developing stronger distribution partnerships.

Key manufacturers in the Sodium Bicarbonate market, include but are not limited to Solvay SA, Merck KGaA, Nirma ltd., Tata Chemicals Ltd., GHCL ltd, Ciech SA, DCW ltd., Seqens group, Tosoh Corporation, Hawkins, Inc., Vitro and Church & Dwight Co., Inc.

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Sodium Bicarbonate Market by Category

By Grade Type

• Pharmaceutical Grade
• Technical Grade
• Food Grade
• Feed Grade

By Form

• Powder
• Pellets
• Slurry
• Liquid

By End Use

• Processed Food
• Pharmaceuticals
• Personal Care Products
• Chemicals
• Agrochemicals & Nutrients
• Detergent
• Fire Extinguisher
• Leather & Dyeing
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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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.

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

Future Market Insights’ published market report titled “Car Wax Market: Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028” examines the car wax market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of car wax is estimated to be valued at US$ 850 Mn by the end of 2021 and is expected to register a 4.5% CAGR over the period of 2022–2028. This report divulges the demand for car wax and its break-up on the basis of different types, forms and end uses.

Dynamics

The global car wax market is expected to witness steady growth, owing to the growing production of vehicles in different regions. This increasing vehicle production is expected to drive the demand for car wax products, which are particularly used in the finishing line in the manufacturing of a vehicle. Car wax products also register high demand from automotive aftermarket services. The increasing vehicle fleet is expected to upsurge the demand for car wax products, which are mostly used in car wash and car cleaning services.

North America held the lion’s share in terms of the global vehicle fleet in 2017. As per the reports of OICA, the region holds a 21.2% share in terms of global vehicle fleet. Western Europe, with a 19.8% share in the global vehicle fleet, is also expected to provide lucrative opportunities for the sales of car wax products in aftermarket car care services.

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Segmentation Analysis

The global car wax market is estimated to witness steady growth, owing to the increasing demand from aftermarket car care services. Increasing vehicle fleet is the key driving force surging the demand for car wax products in aftermarket car services. SUV, mid-range and upscale cars account for around a 47% share in the demand for car wax products in aftermarket car care services.

As per the reports of OICA, global vehicle production was reported to be 7.1% of the global vehicle fleet in 2017. Attributing to this, the demand for car wax products is expected to remain high in aftermarket car care services over the forecast period. Liquid car wax is expected to gain traction over the forecast period, owing to its easy to apply characteristics and low cost. The demand for the liquid form of car wax is expected to remain high in aftermarket car care services, owing to the less time required for applying liquid car wax as compared to paste car wax. The demand for paste car wax is expected to be driven by vehicle manufacturers who usually prefer long-lasting products for the finishing of vehicles.

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Regional Market Projections

On the basis of region/country, China is anticipated to dominate the global car wax market throughout the forecast period. In China, the car wax market is expected to expand at a CAGR of around 9.6% during the forecast period. Moreover, Latin America and India are anticipated to register relatively higher CAGRs during the forecast period. These two regions, coupled with Latin America, are expected to register attractive growth rates in the global car wax market during the forecast period. The Western Europe car wax market is at a mature stage and is expected to witness slow growth over the forecast period.

Global Car Wax Market Competitive Landscape

Some of the players reported in this study on the global car wax market include 3M, Turtle Wax Inc., Darent Wax Company Ltd, Mothers Polishes Wax Cleaners Inc., Sonax GmbH, Treatment Products Ltd, Northern Labs Inc., Swissvax AG,  Waxpol Industries Ltd, Carsco0 Inc., Shenzhen Marpa Imp & Exp Trading Co., Ltd and Kao Chemicals GmbH, among others

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Car Wax Market Key Segments

Car Wax Market by Type

• Natural Car Wax
• Synthetic Car Wax

Car Wax Market by Form

• Liquid Car Wax
• Car Wax Paste

Car Wax Market by Sales Channel

• Car Wax Manufacturers
• Car Wax Retailers and Distributors

Car Wax Market by End Use

• Original Equipment Manufacturers
• Aftermarket

For more information on the dynamics influencing revenue growth of the global car wax market, Future Market Insights analysts can be reached at press@futuremarketinsights.com

Future Market Insights (FMI) delivers key insights on the global impact modifier market in its upcoming outlook titled, “Impact Modifier Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028”. In terms of value, the global impact modifier market is projected to register a healthy CAGR of 5.2% during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

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Impact Modifier Market – Overview & Analysis

A more streamlined and comprehensive product portfolio offered by the manufacturers has encouraged end users towards the use of impact modifiers. Also, tailor-made offerings in the impact modifier product portfolio have enabled the manufacturers to improve the application portfolio of impact modifiers. It has been observed that weather testing of plastic additives such as impact modifiers during the production of performance of materials has become more crucial than ever. Weathering in-service failures, in which impact modifiers play a major role are becoming increasingly prominent, especially in the case of automotive plastics. Impact modifiers offered improved weatherability in reduced costs. Performance material manufacturers are particularly focusing to address the issue of weathering-related failures.

The demand for impact modifiers is especially high in regions such as China and Japan, where the automotive and electronic devices market is growing at a high rate. In these regions, the market is saturated with faded and low quality plastics, whereas the consumers are demanding high quality plastics, and manufacturers in these regions are reaping the benefit of these opportunities by developing plastics incorporated with impact modifiers which are better in quality with respect to attractiveness of the object, durability and sustainability. These trends can be reflected in the fact that many global players in the impact modifiers market are positioning to gain greater share in the impact modifiers market in this region.

North America being a matured economy with a well-established manufacturing sector and high awareness towards the quality grade of impact modifiers, end use industries tend to adopt premium quality impact modifiers. Also, high competition in the impact modifiers market in North America has led to development of technically advanced impact modifiers with high durability and increased impact resistance properties under load. Manufacturers are coming up with solutions to include both of these properties in their impact modifiers, as these properties are basically a tradeoff.

Sometimes impact modifiers are known to be more of contaminants than stabilizers. For example, they are known to cause polymer degradation in the presence of UV and moisture resulting in adverse chalking in window and door profiles. These effects are accentuated when polymer materials which contain impact modifiers are exposed to extreme weather conditions. The damage is witnessed through undesired coloration in the products. The trend towards sustainability and green products has led to the development of green substitutes for impact modifiers and other polymer additives. Utilization of bio-based additives may slightly hinder the growth of the impact modifiers market and other polymer additives market.

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This report covers various aspects of impact modifiers, including key trends adopted by market participants and their specific impact on each segment, and also offers insights and analysis of the opportunity in impact modifiers market in specific regions. North America is expected to register high growth rates between 2018 and 2026 and is also expected to remain the largest market through 2026. Based on market attractiveness, Europe and North America tend to be relatively attractive markets in the impact modifiers market. On the basis of end use, the impact modifiers market is segmented as packaging, construction, and consumer goods and automotive.

Detailed profiles of some of the manufacturers of impact modifiers are also included in the scope of the report to evaluate their key product offerings, long-term and short-term strategies, and recent developments in the impact modifiers space. A selection of key players include Kaneka Corporation, Arkema S.A., E. I. du Pont de Nemours and Company, LANXESS Corporation, BASF SE, Clariant AG, Shandong Ruifeng Chemical Co., Ltd., Akdeniz Kimya San. ve Tic. A.S., Addivant USA, LLC, Akzo Nobel N.V., Evonik Industries AG, Sundow Chemicals and Weifang Tianrui Chemical co. Ltd amongst others.

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Key Segments Covered

Global Impact Modifier Market – By Product Type

• ABS Impact Modifier
• EPDM Impact Modifier
• MBS Impact Modifier
• ASA Impact Modifier
• AIM impact Modifier
• CPE Impact Modifier

 Global Impact Modifier Market – By Application

• PVC
• Nylon
• PBT
• Engineering Plastic

Global Impact Modifier Market – By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• China
• Japan
• South-east Asia & rest of Asia Pacific
• Middle East & Africa

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Future Market Insights’ published market report titled “Lipids Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028” examines the lipids market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of lipids is estimated to be valued at US$ 17.3 Bn by the end of 2018 and is expected to register a 4.3% CAGR over the period of 2018–2028. This report divulges the demand for lipids and its break-up on the basis of different type and applications.

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Global Lipids Market: Dynamics

The global lipids market is estimated to be driven by the increasing demand from personal and cosmetics applications wherein lipids are used as ingredients and raw materials in the production of cosmetics. The consumer inclination towards using cosmetics and skin care products with natural ingredients has been the key driving force for the demand for lipids in the personal care and cosmetics industry. Lipids find a wide range of applications in the cosmetics used in make-up and skin care, which account for a combined value share of more than 50% in the global cosmetics market. Increasing per capita disposable income in developing regions is another driving force for the growth in the sales of cosmetics in regions/countries such as Latin America, Middle East and Africa, China and India. Growing trends in the food and beverage industry have caused numerous health-related problems among the global population, and thus, the nutraceutical industry has been successful in attracting a huge consumer base.

North America is considered to be one of the key global markets in terms of the demand for nutraceutical products. As per the reports of FICCI, increased healthcare costs and rescission have coupled the effects on the growth of the nutraceutical industry in North America. Increasing awareness regarding health, owing to high life expectancy, is another key reason contributing to the growth of the nutraceutical industry wherein the demand for lipids as ingredients is high.

Global Lipids Market: Segmentation Analysis

Market insights suggest that the global lipids market is dominated by the personal care and cosmetics application segment wherein the demand for lipids as raw materials in the production of modern cosmetics is the key driving force for the growth of the lipids market over the forecast period. Moreover, the functional qualities of lipids such as skin compatibility, biodegradable and nontoxic nature fuel the increasing demand for lipids in personal care and cosmetics industries. Moreover, the application of lipids in the food and beverage industry, specifically in nutraceutical products and dietary supplements as additives or ingredients, is expected to register steady growth in the demand, owing to the growing nutraceutical industry across the globe. The growing concerns regarding health related problems have attracted a huge consumer base for nutraceutical products across the globe, which adds to the growth of the food and beverage industry. The growing food and beverage industry is expected to keep the demand for lipids high over the forecast period.

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Global Lipids Market: Regional Market Projections

On the basis of region/country, China is anticipated to dominate the global lipids market throughout the forecast period. In China, the lipids market is expected to expand at a CAGR of around 4.6% during the forecast period. Moreover, APAC and North America are anticipated to register relatively higher CAGRs in the global lipids market during the forecast period. These two regions, coupled with Latin America, are expected to register attractive growth rates in the global lipids market during the forecast period. The Europe lipids market is at a mature stage and is expected to witness slow growth over the forecast period.

Global Lipids Market: Competitive Landscape

Some of the players reported in this study on the global lipids market include Lipoid GmbH, Wilmar international, Sonic Biochem Extractions, Avanti Polar Lipids Inc., VAV Life Sciences, Corden Pharma International, Chemi S.p.A, Stepan Company, NOF Corporation, Cayman Chemical Company, Merck Millipore Ltd, ABITEC Corporation Archer Daniels Midland Company and Tokyo Chemical Industry Co., among others.

Lipids Market: Segmentation

Product Type

• Sphingomyelin
• Glycerophopholipid
• Cholesterol
• Monoglycerols
• Diacylglycerols
• Fatty Acid

Applications

• Pharmaceuticals
• Food
• Personal Care and Cosmetics

Region

• North America
• Latin America
• Europe
• China
• Asia Pacific (Excl. China)
• Middle East & Africa

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Focus on research and development of customized products in the global lipids market

The global lipids market is saturated with numerous global and regional manufacturers. Manufacturers in the lipids market are engaged in R&D activities to develop new products and thus, cater to the rising demand and withstand the competitive environment in the market. The regional markets are primarily dominated by the domestic manufactures engaged in the sales of lipids in the nearby regions. Global manufacturers collaborate with regional players to expand their sales footprint in the region. Changing trends in the food and beverage industry and ongoing research and developments in the pharmaceutical industry have impelled manufacturers to provide customized lipid products.

For more insights on the global lipids market, Future Market Insights analysts can be reached at press@futuremarketinsights.com

Future Market Insights (FMI) has forecasted the Oilfield Production Chemicals market to grow with a year on year growth of 4.0% in 2022 reaching a value of about US$ 3,021.8 Mn by 2022 end. The global business is anticipated to witness a considerable CAGR of 4.0% during the period of 2022 and 2028.

Increased consumption of Oilfield Production Chemicals in storage & transportation of crude oils, its production processes, growing drilling activities, and pursuing production from ageing fields is expected to push the sales in forecast period. Considering this, FMI has projected the global Oilfield Production Chemicals sales to reach a valuation of US$ 3,824.9 Mn by 2028.

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Global Oilfield Production Chemicals Market: Dynamics

The global oilfield production chemicals market is driven by the increasing demand from the oil and gas industry. The production of crude oil in some regions has reported steady growth in the recent years and owing to this, the demand for oilfield production chemicals is expected to remain high in the near future.

The climatic conditions of crude oil producing regions are also expected to have an impact on the growth of oilfield production chemicals, such as hydrate inhibitors, in the coming years. Offshore oil production practices are expected to register steady growth, which in turn is expected to boost the sales of oilfield production chemicals such as demulsifiers in the coming years.

Moreover, crude oil manufacturers are focused on the exploration of oil and gas in order to add to the existing production capacities of crude oil. The discovery of new reserves of oil and gas is expected to drive the sales of oilfield production chemicals in the coming years.

Global Oilfield Production Chemicals Market: Segmentation Analysis

The market insights suggest that the global oilfield production chemicals market is dominated by the production methods application segment. Production methods are directly connected to the production of crude oil. Methods such as enhanced oil recovery, water injection and hydraulic fracturing used in crude oil production witness higher demand for oilfield production chemicals.

Increasing crude oil production is expected to boost production activities in oilfields, which in turn is expected to create a platform for the demand of oilfield production chemicals. The discovery of new reserves of oil is considered to be another factor responsible for the growth of oilfield production chemicals demand in the production methods application segment.

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Global Oilfield Production Chemicals Market: Regional Market Projections

On the basis of region/country, the Middle East & Africa region is anticipated to dominate the global oilfield production chemicals market throughout the forecast period. The oilfield production chemicals market in the Middle East & Africa region is expected to expand with a CAGR of 3.9% during the forecast period. However, the demand in the Middle East and Africa region is met by the oilfield production chemicals manufactured in the domestic as well as the global market, which is expected to provide a lucrative opportunity for the penetration and oilfield production chemicals sales of manufacturers from other regions.

Moreover, Latin America is expected to expand with the highest CAGR in the global oilfield production chemicals market during the forecast period. Oil producing countries such as Brazil and Venezuela are expected to drive the demand for oilfield production chemicals in Latin America. North America and Eastern Europe, with their high oil production capacities, are expected to witness steady growth in sales in the coming years.

Other regions/countries such as South East Asia, Western Europe, China and India are expected to grow marginally in terms of oilfield production chemicals demand over the forecast period.

Global Oilfield Production Chemicals Market: Competitive Landscape

Some of the players reported in this study on the global oilfield production chemicals market include Baker Hughes, Ecolab Inc., Schlumberger Limited, Halliburton Company, BASF SE, Solvay SA, Akzo Nobel N.V., Clariant AG, Arkema SA, Huntsman Corporation, DowDuPont Inc., Albemarle Corporation, Weatherford International, Mazrui international LLC, Stepan Company, Hexion Inc. and Connel Bros Co. LLC, among others.

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Oilfield Production Chemicals Market Segmentation

Type

• Demulsifiers
• Corrosion Inhibitors
• Paraffin Inhibitors
• Biocides
• Hydrate Inhibitors
• H2S Scavengers
• Scale Inhibitors
• Others

By Application

• Production Methods
• Storage & Transportation
• Safe Disposal

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• South East Asia & Pacific
• China
• India
• Middle East and Africa

Future Market Insights analysts are available to provide more insights on the oilfield production chemicals market. Write in at press@futuremarketinsights.com

Future Market Insights presents a detailed analysis and delivers key insights on the global soil stabilization materials market in its latest report titled “Soil Stabilization Materials Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028”. The long-term outlook of the global soil stabilization materials market remains positive with the soil stabilization materials value pegged at over US$ 15.7 Bn in 2018. It is expected to reach US$ 29 Bn by the end of 2028, growing with a healthy CAGR of 6.6%.

Among the segments by material type, the minerals & stabilizers segment is estimated to hold a dominant share in terms of value over the forecast period. Under the minerals & stabilizers segment, the lime sub-segment is expected to be at the forefront throughout the forecast period. However, the polymer segment is expected to grow with a relatively higher CAGR, with significant growth in value share. Among all regions, China is expected to dominate the global soil stabilization market throughout the forecast period with a healthy CAGR of 7.0%.  In this report, FMI sheds light on the drivers and restraints expected to impact the global soil stabilization materials market during the forecast period.

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Soil Stabilization Materials Market: Dynamics

The global soil stabilization materials market is expected to witness robust growth during the forecast period, mainly driven by the rapidly growing construction industry. Rapid population growth and escalated urbanization have boosted the building and construction industry in developing countries.  Also, the increasing demand for sustainable infrastructure and increasing need for efficient road transportation to facilitate effective global & international trade are expected to surge the soil stabilization materials market across the globe. Increasing governmental focus on infrastructural development and rising investments in real estate have surged the growth of the construction sector. Increasing infrastructural investments by governments across Asia Pacific, North America and Western Europe are expected to lead to an increase in the number of roads, railways, bridges, pathways, etc., which in turn will escalate the soil stabilization materials market. Also, the increasing need for high agricultural productivity and the rising demand for high agricultural yield are pegged to boost the demand for soil stabilization materials from the agricultural sector. Also, other end-use applications such landfilling and increasing sports activities due to the growing attention towards sports are slated to ramp up the consumption of soil stabilization materials.

Soil Stabilization Materials Market: Segmentation Analysis

The global soil stabilization materials market has been segmented on the basis of application type into industrial, non-agriculture and agriculture.

• On the basis of application, the industrial segment is estimated to dominate the global soil stabilization materials market in terms of value over the forecast period
• Under the industrial segment, the roads and runways sub-segment is expected hold the lion’s share in terms of value and grow with a significant CAGR of 7.2%

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Soil Stabilization Materials Market: Regional Forecast

From a regional perspective, China, North America and Western Europe are expected to collectively account for over a 70% value share in the global soil stabilization materials market. All the regions are expected to witness sound growth, except Japan, which is expected to exhibit slow growth with a CAGR below 5%.  Regions such as North America and Asia Pacific are expected to register significant growth with CAGRs above 7%. The growth of the construction industry across the globe and the launch of new governmental projects in developing and developed economies are projected to drive the demand for soil stabilization materials.

Soil Stabilization Materials Market: Competition Landscape

Some of the key players identified during the study of the global soil stabilization materials include Graymont Limited, Carmuse, Low & Bonar PLC, Tensar Corporation, Boral Limited, Adelaide Brighton Limited, Sibelco Australia Ltd., Ube Industries, Ltd., Lhoist and Thrace Group, among others.

Soil Stabilization Materials Market: Segmentation

Material Type

• Polymers
• Minerals & Stabilizing agents
• Portland Cements
• Lime
• Fly-Ash
• Others
• Others
• Agriculture Waste
• Sludge & Slag
• Salts

Applications

• Industrial
• Roads, Runways
• Landfills
• Non Agriculture
• Sports
• Residential
• Others
• Agriculture

Region

• North America
• Western Europe
• SEA & Other APAC
• Latin America
• Eastern Europe
• MEA
• Japan
• China

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Key questions answered in the report

• How has the soil stabilization materials market evolved in the past four years?
• What shape will the soil stabilization materials market take in terms of volume and value during the study period?
• What are some of the prevailing market dynamics in the soil stabilization materials market?
• What are some of the key developments and trends in soil stabilization materials market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the soil stabilization materials market?
• What are some of the important key challenges, opportunities and improvement factors for market players present in the soil stabilization material market?
• What are some of the important market positioning and key strategies of key manufacturers as per the market taxonomy?
• How the competition is structured at present and how has it evolved in the soil stabilization materials market over the past few years?

For more insights on the soil stabilization materials market, write in to Future Market Insights analysts at press@futuremarketinsights.com

Hexylene glycol is witnessing high demand in the personal care and cosmetics industry, since it is used as a surfactant, emulsifier, and viscosity reducing agent in several products. Moreover, growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2022-2029).

The US has been North America’s prime investment pocket over the years, where the demand for non-commercial acrylic paint is expected to remain sound over the course of coming years. The approximately US$ 230 million market for non-commercial acrylic paint is foreseen to grow by 4.3% Y-o-Y, in 2022. Future Market Insights (FMI) delivers key insights on the US non-commercial acrylic paints market, in its latest report.

The South US is cited as a prominent consumer market in the US landscape of non-commercial acrylic paint owing to a rich end-user base, with an above-average growth rate projected for the near future.

While heavy-body acrylics continue to gain strongest traction that has been attributed to their strong colors, better coverage, and fast-drying times, the report indicates that their adoption will be more prominent in canvas- and paper-based applications. Non-commercial acrylic paint application on canvas accounts for over 1/3^rd of the total paint consumption, whereas that on paper and wood accounts for a combined share of more than 40%.

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DIY Activities Are Providing a Significant Push to Market Growth

The report opines that the key applications of non-commercial acrylic paint across the US include canvas, paper, and wood, with artefacts designed by professional artists and students. With the advent of DIY crafts and hobby activities, other substrates such as metal and ceramics are also likely to present a range of lucrative opportunities for the usage of non-commercial acrylic paints. The growth and emergency of non-commercial acrylic paints in the US is prominently attributed to the growth of DIY-based artefacts and finished products, and considerable investments by academic institutions in skill development programmes, imbibing non-commercial acrylic paints to a significant degree.

Apart from academic and commercial artefacts, non-commercial acrylic paints are particularly gaining popularity in home interior design, and additional design in terracotta and pottery items, thus creating additional scope of value addition for designers.

Over 60% Non-commercial Acrylic Paint Consumed in the US is Artist-grade

FMI has bifurcated the US market for non-commercial acrylic paint into two commonly available grades – viz. artist grade (high concentration of acrylic resin for slow drying sales channels) and student grade (low concentration of acrylic resin for fast drying sales channels). The varied degree of fast or slow drying rate immensely helps professional artists when designing a paint for a long-duration process or relatively short duration of finishing the paintwork applied.

Currently, more than 3/5^th of the total consumption of non-commercial acrylic paint in the US is accounted by artist-grade paint. However, the dramatically increasing number of students developing interest in painting and related career options will translate into relatively higher opportunities for student-grade non-commercial acrylic paint in the US, as suggested by FMI’s analysis.

The market share of offline sales channels in the US non-commercial acrylic paint market is likely to remain clearly dominant over that of online sales channels. However, the report also points to a growing revenue share of online stores, which is expected to outpace in terms of rate of growth, over the coming years.

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US Non-Commercial Acrylic Paints Market: Vendor Insights

The non-commercial acrylic paints market in the US is observed to be a fairly consolidated market, with the aggregate market share of tier-1 level established players more than half of the overall market value.

Aggressive marketing, product development, and consolidation of sales and service footprint will reportedly be the key developmental strategies of leading players in the US non-commercial acrylic paints market.

The report highlights some of the prominent companies that are operating in the US non-commercial acrylic paints market, such as Liquitex Artist Materials, Decoart Inc., Winsor & Newton, Reeves, Faber-Castell, Plaid, Crafts 4 All, Koninklijke Royal Talens B.V., Golden Artist Colors, Inc., Croma Atlier, M. Graham & Co., and PEBEO SAS.

U.S. Non-Commercial Acrylic Paints Market by Category

By Type:

• Fluid Acrylics
• Heavy-Body Acrylics
• Slow-Drying Agents

By Grade:

• Artist Grade
• Student Grade

By Application

• Wood
• Metal
• Fabrics
• Ceramics
• Canvas
• Paper

By Region:

• South
• Midwest
• Northeast
• West

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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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