Market Research Blog

The global veterinary lasers market is predicted to take a leap from US$ 123.2 Mn (2017) to a value worth US$ 336.5 Mn by the end of 2028. According to the latest market research report published on the global market for veterinary lasers by Future Market Insights, the global veterinary lasers market is projected to register a robust CAGR of 9.7% in terms of value during the forecast period 2022–2028. The report, titled “Veterinary Lasers Market – Global Industry Analysis 2013-2017 and Opportunity Assessment 2022-2028” provides detailed analysis of the market over the next decade.

Pet Ownership Prevails and Availability of Pet Healthcare Widens

Significant rise in the percentage of pet owners and increasing spending on pets by owners have been the key factors driving the demand for veterinary lasers over the years. Furthermore, a rising number of government and private collaborations to provide quality care to pets will also provide an impetus to the global market for veterinary lasers in near future. Upgradation of veterinary hospitals and clinics that has been creating significant impact on the overall market scenario, coupled with an increasing number of healthcare facilities, will reportedly push the veterinary lasers market a little farther.

Pet Owners Continue to Look for Non-invasive Treatment Options Through Insurance Cover

Improving implementation of pet insurance coverage is identified to act as a value-driver to market growth during the assessment period. The demand for non-invasive procedures is increasing among pet owners and a majority of them have already accepted laser therapies as a better, efficient, and less painful treatment alternative for pets. This factor will continue to play a crucial role in strengthening the market conditions in upcoming years.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5410

High Costs and Lack of Favorable Reimbursement Policies to Remain Longstanding Challenges

Although probable health risks and expensive costs associated with laser therapies may hamper the penetration of lasers worldwide, Future Market Insights estimates promising growth prospects for the market over 2022-2028. A few other restraints to the growth of market include inadequacy of reimbursement policies in emerging economies, dearth of trained and skilled specialists and professionals, and absence of top notch healthcare infrastructure in certain regions of the world.

Therapeutic and Class 3 Lasers Dominate, Hospitals Continue to Record Maximum Consumption

By product type, therapeutic lasers segment accounted for more than 44% share of the total market revenue in 2017. Future Market Insights estimates continued dominance of this segment and rapid emergence of therapeutic and surgical lasers segment during the forecast period. Based on laser type, class 3 lasers segment is expected to win over class 2 and class 4 lasers segments, accounting for more than 46% share of the market value by 2028 end. Hospitals will reportedly remain the largest end-user of veterinary lasers, capturing over 40% market value share throughout the assessment period.

The Americas Remain the Leading Region, Developing Economies Witness Healthy Growth

The North American market for veterinary lasers is anticipated to continue dominance over all other regional markets throughout the forecast period. With an estimated CAGR of 10.8% in terms of value, North America will possibly reach a value beyond US$ 99 Mn by the end of 2028. Latin America, although a developing country, will register a significant CAGR over the forecast period and remain the second largest as well as second fastest growing regional market for veterinary lasers. The Americas will be followed by the European market, in terms of both value and growth rate. According to the report, emerging economies are presumed to experience robust growth over the projection period.

Some of the Key Players Competing in the Global Veterinary Lasers Market, Profiled in the Report:

• Cutting Edge Laser Technologies
• Aesculight Llc
• LiteCure LLC
• Respond Systems, Inc.
• Pivotal Health Solutions
• Laserex Technologies Pty Ltd
• ERCHONIA CORPORATION,
• Technological Medical Advancements, Inc.
• BIOLASE, Inc.

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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A recent market research study by Future Market Insights provides exclusive insights on the current and prospective performance of global dental hygiene devices market, in terms of sales volume as well as revenue.

Toothbrush Records Highest Sale, Online Retail Firms up

Prominently operated by Colgate-Palmolive Company, Glaxo Smith Kline plc, Johnson & Johnson, P&G, Unilever plc, and Dentsply Sirona, the dental hygiene devices landscape is currently witnessing dominance of toothbrush sales. In recent years, the dramatic growth of the E-commerce sector is translating into elevating online sales of dental hygiene devices, which is posing strong competition facing the retail pharmacy segment.

Curretly, toothbrush sales account for almost 60% of the total market revenue, whereas the report indicates that dental scalers and dental polishing devices are gradually gaining ground. The study projects over 5% year over year revenue growth for the latter two in 2019 and ahead.

Retail pharmacies will remain the largest revenue generating channel of distribution in dental hygiene devices market. Whereas, online pharmacies are slated to present promising investment opportunities to dental hygiene devices manufacturers. The report projects that revenue generated through online retail would cross the US$ 1 billion mark in the next 3-4 years.

Key Dynamics Prompt at Rising Oral Care Concerns

The global dental hygiene devices market is low-value high-volume landscape, which remains the key factor that dampens investment. While baby boomers have been referred to as the primary consumers of dental hygiene devices, a growing percentage of juvenile and millennial people afflicted with one or more oral health problems points to the widening prospects of dental hygiene devices in coming years.

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Increasing dental disease prevalence, coupled with the increasingly sophisticating infrastructure of dental care across developing regions, is predominantly responsible for improving the scope of dental hygiene devices penetration. Dental caries, periodontal conditions, and oral cancer mark some of the most significant concerns related to oral healthcare, among the population.

“OTC (over-the-counter) nature of a majority of dental hygiene devices remains one of the key factors positively influencing their widespread availability and sales,” says the FMI analyst.

Asian Economies Create an Attractive Investment Pocket

The report sheds light on all the aspects related to worldwide demand for dental hygiene devices and offers insights on the growth prospects projected for global dental hygiene devices market through the next few years. The report forecasts steady yet moderate yearly revenue growth of 4.7% in 2019, and around 1/3rd of the total market value is poised to be accounted for by the Asia Pacific. North America and Western Europe are likely to hold a collective share of more than a third of the global market value.

APAC and Latin America are poised to remain highly lucrative regional markets for manufacturers of dental hygiene devices owing to consistently increasing demand for dental treatments in these regions.

Although the widening patient pool is driving the steady demand for dental hygiene devices, a sizeable population based in developing countries is still undiagnosed and untreated. FMI research points to the presence of several untapped opportunities in a massive untreated population and thereby highlights high attractiveness of emerging regional markets for dental hygiene devices manufacturers.

Besides frequent product innovations, key players in the global dental hygiene devices market maintain their strategic focus on the enhancement of distribution channel by strengthening existing marketing efforts across Asian markets, particularly in India, Singapore, and Malaysia.

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

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

The global portable ultrasound bladder scanner market will reach a market value of ~US$ 110 Mn by 2022 end, which would see a healthy rise further, through 2029. As per the findings of a new Future Market Insights (FMI) report, the global portable ultrasound bladder scanner market will thrive on the back of rising adoption of non-invasive diagnostic procedures in urology imaging.

Advancements in ultrasound bladder scanner reduce the chance of catheter-associated urinary tract infection (CAUTI), reduce the time for operating procedures with no sonographer required, thus driving the growth of the portable ultrasound bladder scanner market during the forecast period. Distribution channels are well established for portable ultrasound bladder scanner due to increase in demand from end users such as hospitals, diagnostic centers, clinics and ambulatory surgical centers.

Key Takeaways – Portable Ultrasound Bladder Scanner Market Study

• The market share of 3D portable ultrasound bladder scanner devices is evaluated to grow at a significant rate by the end of 2029, as it provides high-end accuracy for measuring bladder volumes during urodynamics, thus surpassing the market of 2D portable ultrasound bladder scanner.
• Sales of portable ultrasound bladder scanner are envisaged to be higher in the region of North America. The rising prevalence of urological diseases among women and increasing adoption of portable ultrasound bladder scanner for diagnosis application are few factors contributing to the growth of the portable ultrasound bladder scanner market in the region.
• Portable US bladder scanners can be moved and carried to any location as and when required, due to its compact structure. One of the primary factors driving the portable bladder ultrasound scanner market is the accuracy and easy to use in both adults and children.

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Portable Ultrasound Bladder Scanners Replacing Unnecessary Catheterization

Portable ultrasound bladder scanner has reduced the need for unnecessary catheterization, which also helps in the prevention of patients’ dignity and discomfort. Patients suffering from urological disorders opt for cardio portable ultrasound bladder scanner due to its less complex nature as compared to other diagnostic solutions. It also reduces the risk of catheter-associated urinary tract infection.

Such promising attributes facilitates the use of advanced portable ultrasound bladder scanners in hospitals, clinics, ambulatory surgical centers and others. Thus, enhanced patient care and addressing clinical challenges worldwide are expected to enhance demand for portable ultrasound bladder scanner during the forecast period.

Seeking More Information About Report Inclusions?

The portable ultrasound bladder scanner market, a new study from Future Market Insights, opines on the evolution of the portable ultrasound bladder scanner market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of product type (3D portable ultrasound bladder scanner, and 2D portable ultrasound bladder scanner), and end user (hospitals, diagnostic centers, clinics, and ambulatory surgical centers) in seven prominent regions.

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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The global demand for lip fillers grew at ~3% YOY in 2022 to total ~ US$ 420 Mn, up from ~ US$ 408 Mn in 2021, finds the new market intelligence study by Future Market Insights (FMI). ALLERGAN, Galderma Laboratories, and Merz Pharma GmbH & Co. KGaA retain their lead as the top three companies in the lip fillers market space, followed by several other market players progressing up along the growth ladder with new product launches in the pipeline.

Millennials represent a very attractive category for lip filler manufacturers to focus on, given that the ones who are unhappy or self-conscious about their facial aesthetics are opting for these procedures to get appealing makeovers. The FMI analyst finds that a wide-range of safe and effective options will remain the key revenue level for companies active in the lip fillers market. In addition, these companies are also drawing upon the mega-trend of personalization via tailor-made lip filler solutions, which will further help them life their profit pools.

FMI’s research study opines that lip augmentation with hyaluronic acid-based solutions will remain the most frequently requested procedures in aesthetic practices. This can be gauged by the fact that in 2022, hyaluronic acid will surpass Poly-L-Lactic Acid to account of ~ 94% of the global lip fillers-derived business value.

While hospitals continue to remain at the forefront of demand for lip filler solutions, adoption by office based clinics is likely to pick pace by the end of 2029, thereby making it an attractive end user target for market players to aim at. Market players are zooming in their focus onto long-term contracts with hospitals and office based clinics, which will be a key factor ensuring continued profitability and long-term growth, finds the FMI report.

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East Asia Promises Untapped Corners for the Market Players to Explore

The FMI analyst finds that North America continues to be the leading market for lip fillers, with the US estimated to command ~ 94.5% of the regional market growth. As per the recent studies, in 2021, nearly 18 million people underwent surgical and minimally-invasive cosmetic procedures in the United States in 2021. This is a clear indication of the fact cosmetic surgical procedures in North America, which are on a significant rise over the past 5-6 years, are further set for a massive growth in the future.

On the other hand, East Asia is emerging as the focal point for market players vying to make it big in the lip fillers market. With beauty standards seeing cyclical evolution in countries such as Japan, China, and South Korea, the East Asia lip fillers market is likely to promise some major expansion opportunities for the companies operating in the lip fillers market.

The FMI analyst is of the opinion that social media remains one of the biggest factors encouraging consumers to opt for lip fillers. With the selfie culture penetrating across consumer bases from different regions, lip fillers have become a highly feasible and readily accessible option for the consumers to get the ‘picture-ready’ appearance. However, potential risks associated with the use of lip fillers, including temporary bruises and permanent tissue spoilage, continue to daunt consumer confidence and, calling for safe and reliable variants to make their mark in the lip fillers market.

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

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

Empty capsules are witnessing an adoption upsurge, owing to numerous factors such as limited number of competitors, growing demand from the pharmaceutical sector, standard margin level, and potential opportunities in vegan gelatin-based capsules. Further, faster uptake by the FDA and focus of market players on ramping up production capacity are key factors shaping the growth of the empty capsules market.

Empty capsule manufacturers are progressively targeting specialty markets such as contract manufacturers, generic manufacturers, and pediatric drug manufactures. Increasing penetration of low-cost manufacturers in various countries, and supply contracts of life-saving essential drugs, primarily in developing and emerging countries, are further driving the empty capsules market.

The global empty capsules market is estimated to be valued at US$ 1.9 Bn in 2022, with the market expected to exhibit a CAGR of 8% during the forecast period (2022-2030). The coronavirus (COVID-19) pandemic that has so far claimed the lives of over 200,000 people and infected over 3 million, has forced several countries to declare nationwide lockdowns. This has disturbed supply chains in the empty capsules market, due to logistics paralysis. As such, the market is expected to witness a gradual decline in in 2022.

Key Takeaways of Empty Capsules Market Study

• Greater focus on relieving pressure of supply chain due to demand gap is being tackled by ramping up production capacity; up-scaling is the fundamental strategy outlined for meeting demand in the empty capsules market.
• Vegetable capsules are the latest innovation and are expected to replace gelatin-based variants. Recently, hard gelatin manufacturers have begun increasing the production of vegetarian capsules at scale.
• South and East Asian pharmaceutical markets are expected to grow at twice the global average in terms of value, owing to population growth, rising incomes, and improved access to healthcare.
• The empty capsules market in China is anticipated to exhibit the fastest growth, where per capita spending is anticipated to increase by over 70% in the coming five years.
• High upfront costs and lower margin levels in empty capsules have resulted in 10%-20% price hike in finished products, registering lower sales for animal-based gelatin products in the recent past.
• India, with almost 40% growth, is offering value-capture opportunities, owing to good patient recruitment, acceptable quality of services, reasonable cost-quality ratio, existence of regulatory agencies, high standards of care, larger population base, and low cost of labour.
• Companies manufacturing halal capsules are obtaining halal certification from the Islamic Food and Nutrition Council of America (IFANCA) to capture market shares in Muslim-dominated countries.
• The empty capsules market is consolidated, with leading manufacturers holding around 70% revenue share. Further, growing prominence of CMOs and large-scale gelatin manufacturers is anticipated to boost the growth engine.
• Higher volume handling by key players in comparison with local manufacturers, and higher production capabilities and price advantages over non-standard manufacturers, are expected to generate significant revenue pockets.

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Key Players Focus on Capacity Expansion, Strategic Acquisitions, and Joint Ventures to Widen Regional Presence

Leading players in the empty capsules market, such ACG Worldwide, Capsugel, Qualicaps, Inc., Bright Pharma Caps, Inc., and Roxlor LLC, are concentrating on business expansion through mergers, joint ventures, distribution agreements, and capturing untapped market potential.

• For example, in 2015, Capsugel increased the production of vegetarian-based capsules by investing US$ 25 Mn across its manufacturing sites.
• Empty capsule manufacturers are generating high returns from nutraceutical and pharmaceutical industries by supplying non-animal or vegetarian empty capsules, with effective physical properties such as reduced moisture content, best suited for nutrient supplements and hygroscopic drugs.
• In similar context, empty capsule manufacturers are boosting substantial sales revenue from nutraceutical manufacturers by supplying vegetarian-based empty capsules coupled with fluid filling technology.
• Top manufacturers of hard gelatin capsules are expanding their production facilities through acquisitions.
• For instance, Qualicaps completed the acquisition of Genix Industria Farmaceutica Ltd., one of Brazil’s top hard empty capsule manufacturers. The acquisition permits the manufacturer to establish its operating sites in the U.S., Canada, Spain, Japan, and Romania.
  • CapsCanada Corporation also acquired the assets of two additional gelatin manufacturing facilities, and this significant acquisition further merged with the manufacturer’s vertically-integrated production plants, with a total of four (bovine) other gelatin manufacturing facilities.

Additionally, current acquisitions are focused on capacity expansion and manufacturing capabilities of existing empty capsules players to gain market share.

More Valuable Insights on Empty Capsules Market

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the segments from 2015 to 2029. The global empty capsules market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on the market on the basis of by product type (gelatin (hard)-based capsules and vegetarian-based capsules), raw material (type-A (pork skin), type-B gelatin (animal bones & calf skin), fish bone gelatin, hydroxy propyl methyl cellulose (HPMC), starch materials, and pullulan.), capsule size (size “000” capsules, size “00” capsules, size “0” capsules, size “1” capsules, size “2” capsules, size “3” capsules, size “4” capsules, and size “5” capsules.), route of administration (oral administration and inhalation administration.), and end user (pharmaceutical companies, cosmetic & nutraceutical companies and clinical research organizations (CROs), across seven major regions.

For critical insights, request for PDF Brochure https://www.futuremarketinsights.com/reports/brochure/rep-gb-782

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

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

Future Market Insights delivers key insights on the global acrylic fibre market in a new publication titled “Acrylic Fibre Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. Major demand for acrylic fibre is expected to come from Asia Pacific, Middle East & Africa, and Latin America over the forecast period and the global acrylic fibre market is projected to reach a market value of US$ 6,197.82 Mn by 2026 end, registering a CAGR of 3.6% over the forecast period.

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The global acrylic fibre market is segmented on the basis of dyeing method, fibre form, blending, end-use and region. As the demand for acrylic fibres is stagnant in the developed economies of North America and Western Europe, significant opportunity for growth in the global acrylic fibre market lies in the regions of APEJ, Latin America, and Middle East & Africa.

Acrylic fibres possess good aesthetic properties owing to their capability to accept multi-colour dyes in clear, bright and muted tones. They impart natural aesthetics to fabrics as opposed to their nylon and polyester counterparts. Also, acrylic fibres have excellent resistance to ultraviolet degradation, weak alkalis, and microbiological attack. Due to such physical, chemical, and thermo-biological characteristics, acrylic fibres are becoming popular in their use by blending with other materials such as wool, cotton, polyester etc.

Moreover, acrylic fibres are used in various end-use industries such as apparels, home furnishing etc. With macroeconomic development of these end-use industries supported by regional GDP and population growth, the demand for acrylic fibres is further expected to increase, specifically in the Asia Pacific region over the coming years. In addition, sporadic supply of wool and cotton at a global level is pushing manufacturers to blend acrylic fibre with wool and cotton for use in the manufacture of products such as blankets, sweaters, etc.

Upswing in acrylic fibre raw material prices is forcing manufacturers across the globe to use its substitutes such as polyester, nylon, cellulose etc. for various applications. These substitutes have economic advantage over acrylic fibre due to better raw material availability, large scale production, and recyclability. Owing to this, acrylic fibre manufacturers across the globe are facing significant challenges to sustain in the market. Production units are terminating in developed regions such as U.S and Europe owing to strong inter-fibre competition, especially from polyester fibres. Moreover, U.S. and Europe are suffering under rising competition from Asian imports of acrylic fibre and its finished products. These factors are likely to restrain the growth of the global acrylic fibre market.

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Segmentation highlights

• Global acrylic fibre market is segmented on the basis of dyeing method, fibre form, blending, end-use and region. On the basis of dyeing method, the global acrylic fibre market is segmented into acid, gel, and undyed. The gel dyeing segment is estimated to register a CAGR of 3.8% over the forecast period. The gel dyeing segment is estimated to dominate the global acrylic fibre market, with 56.5% market revenue share, valued at US $ 2,450.99 Mn by 2016 end.
• On the basis of fibre form, the global acrylic fibre market is segmented into staple and filament. The staple fiber segment is estimated to dominate the global acrylic fiber market, with more than 61.37% market revenue share, valued at US $ 2,658.11 Mn by 2016 end.
• On the basis of blending, the global acrylic fibre market is segmented into wool, cotton, and others. The cotton blending segment is anticipated to register a CAGR of 3.7% over the forecast period.
• On the basis of end use, the global acrylic fibre market is segmented into apparels, home furnishing, industrial, and outdoor. The apparels end-use segment is projected to register a CAGR of 3.6% over the forecast period, creating significant incremental opportunity between 2016 and 2026.

Regional market projections

The global acrylic fibre market is segmented into seven key regions namely, North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, Latin America, and Middle East & Africa. In terms of market value, the APEJ acrylic fibre market is projected to increase at a value CAGR of 4.4% over the forecast period, while markets in Japan, U.S., and Europe are expected to register a below average CAGR. Growth in the APEJ acrylic fibre market is largely attributed to growing use of acrylic fibre for various applications along with macroeconomic growth of a population driven textile industry in the region.

Vendor insights

Some key players in the global acrylic fibre market are Aksa Akrilik Kimya Sanayii A.Ş. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fiber Group Company, TAEKWANG INDUSTRIAL CO. LTD., Exlan Japan Co. Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., and Vardhman Acrylics Ltd. Research and development is being carried out to improvise the properties of acrylic fibre by modifying its inherent characteristics. In order to compete with substitutes of acrylic fibre such as polyester and cellulose acetate fibres, key companies in the APEJ region have invested significantly in R&D initiatives.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-2026

About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials  market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

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.

Silicon has comparatively better technical features than graphite, hence it is used as a utility negative electrode in lithium-ion batteries. Its application within the automotive sector is expected to skyrocket especially in response to the increasing production of electronic vehicles.  While the automotive sector currently holds dominance, the consumer electronics sector will trail closely, exhibiting high growth.

Applications in automotive and consumer electronics will drive silicone anode batteries sales, finds Future Market Insights (FMI) in a new study. According to the report, the silicon anode battery market is expected to surpass US$ 2.09 Bn by 2031. Applications of these batteries are rising steadily across industries, as a replacement anode for graphite.

Key Takeaways of Silicon Anode Battery Market Study

• Silicone anode battery market will register impressive growth, exhibiting 21.5% CAGR between 2021 and 2031
• Expansion of consumer electronics and automotive sectors will enable the U.S. account for over 70% silicon anode batteries sold in North America
• Despite a year of negative growth, the U.K. will register 16% y-o-y growth in 2021, thanks to increasing sales of electronic vehicles
• Germany and France will emerge as highly lucrative markets for silicon anode battery in Europe
• Increasing consumer electronics manufacturing and demand for state-of-the-art technologies supporting expansion in China. Japan and South Korea too will continue offering lucrative opportunities

“Silicon anode manufacturers are likely to capitalize on the increasing demand for electronic vehicles. Higher focus on environmentally-friendly technologies will continue offering attractive opportunities,” said a lead analyst at FMI.

North America currently leads the market. Europe too will exhibit increasing demand, thanks to increasing focus on the production of electric vehicles. Besides this, growth exhibited in both East and South Asia will increase at an accelerated pace especially since these regions are focusing on expanding their manufacturing facilities.

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Silicon Anode Battery Market by Segments

Capacity

• Below 1500 mAh
• Between 1500-2500 mAh
• Above 2500 mAh

Application

• Consumer Electronics
  • Smart Phones
  • Laptops
  • Tablets
  • MP4 Players
  • Digital Players
  • Other Microelectronic devices
• Automotive
  • Plug in Hybrid Electric Vehicles
  • Hybrid Electric Vehicle
  • Electric Vehicle
  • Electric Bicycle
• Industrial
• Grid & Renewable Energy

Region

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

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Who is Winning?

Some of the leading players operating in the silicon anode battery market are Amprius Inc, Nexeon Ltd, Enevate Corp and Boston Power Inc.

The Silicon Anode Battery market is a highly competitive market dominated by regional players. These companies are striving to offer the most optimized solutions while mitigating the technical challenges.

Companies operating in the market have been focusing on capacity expansion and introducing innovative solutions. For instance, Canada-based startup TRION Energy has been focusing on addressing incumbent challenges by adding silicon to graphite using its low cost technology called SiMoGraph technology.

Demand for cocoa butter market is expected to reach US$ 6.7 Bn in 2021, according to the latest Future Market Insights (FMI) study. The market value has been forecast to total US$ 9.8 Bn by 2031, exhibiting growth at CAGR of 3.8% for 2021-31.

The rising demand for better texture and appearance of chocolates besides their flavor will create a conducive environment for the growth. Some of the leading cocoa butter processors are emphasizing on strengthening their trade relations with countries exporting cocoa beans.

“In terms of key market strategies, industrial manufacturers of cocoa butter are focusing on strengthening their trade relations with major cocoa producing countries. Other manufacturers are focusing on expanding their presence in the Asian regions, especially in regions such as ASEAN through facility and product portfolio expansion”- Principal Analyst, Food and Beverages, Future Market Insights

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Key Push Factors Driving Cocoa Butter Market Sales Growth Globally

• Growing demand for chocolate in dairy, frozen desserts and bakery, is expected to pave lucrative opportunities. Novelty products in the confectionery segment have triggered the demand for cocoa butter. Premium and novel cocoa products are expect to tighten their grip over the food industry in developed regions.

• Given the high competition in cocoa market, demand for high quality texturing agents is expected to flourish, thereby translating into premiumization of cocoa butter, to suit the consumer demands.

• Emerging substitutes including cocoa butter equivalents (CBE) are not likely to replace cocoa butter, owing to its unfulfilling taste and texture compared to the conventional cocoa butter.

Regional Outlook: New Opportunities Spotted in APEJ and Eastern Europe

• Asian nations including Indonesia, Malaysia, India and China are projected to offer lucrative growth opportunities for cocoa butter manufacturers. Falling cocoa butter prices have encouraged confectioners to develop new products due to affordability in Asia Pacific along with Easter Europe. One such key development includes, Cargill Inc expanding its cocoa products portfolio investment in India.

• Countries like Indonesia, Viet Nam and Malaysia are embracing the growth in the processing activities of cocoa beans and have emerged as potential pockets of opportunities in the Asian region for the cocoa butter market.

• In Eastern Europe, the cocoa butter consumption is on the rise in regions such as Turkey and Poland. These countries are expected to register significant growth over the forecast period. The confectionery segment is expected to register 1.9x growth in terms of value over the forecast period.

• In North America, shift toward naturally aromatic ingredients and organic and clean-label products will translate into promising growth of natural cocoa butter—with highest adoption in the frozen desserts segment.

• In Western Europe, Germany accounts for almost 30% market share in the cocoa butter market. On the other hand, Switzerland is expected to remain one of the major consumers of cocoa butter due to its large capacity of chocolate production.

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Key Insights from the Segmentation Analysis of the Cocoa Butter Market

• Deodorized cocoa butter is expected to witness significant demand in the cosmetic and personal care industries.

• In terms of nature of cocoa butter, the clean-label trend will remain a key push factor for organic confectionery products- specifically in developed regions.

• Blocks and powder, in short solid form, is an ideal choice of product form preferred by industrial manufacturers. Ease of transportation and storage, will work in the favor of block form cocoa butter—registering high growth in terms of value and volume. In APEJ, the powder segment is expected to register 2.2x growth in terms of value over the forecast period.

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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