Market Research Blog – Page 14682 – New Product Development

Multiplex Biomarker Imaging Market is expected to reach US$ 1,041.7 Million by 2029

As per the findings of the report, the global multiplex biomarker imaging market is projected to experience significant growth over the forecast period, due to growing demand for advanced immunofluorescence techniques that help in better diagnosis and management of tumors at a cellular level.

The global multiplex biomarker imaging market was valued US$ 422.1 Mn in 2021, and is expected to increase at a CAGR of 11.9% over the forecast period of 2022–2029.

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Key Takeaways of Multiplex Biomarker Imaging Market Study

There is steady demand for immunofluorescence slide scanners, as these offer exceptionally high image quality, reliability, and speed for whole slide imaging.
North America is anticipated to be an attractive market for multiplex biomarker imaging, owing to developed healthcare infrastructure, favorable government policies, and financial grants for laboratory research by the government
Immunostaining is widely used in the diagnosis of abnormal cells, such as cancerous cells, and also assists in understanding the distribution and localization of biomarkers and differentially expressed proteins in different parts of a biological tissue.
The commercial success of the multiplex biomarkers imaging market is highly dependent on cancer research studies, which could serve multiple purposes such as detection of cancerous cells, presence of necrotic agents, and assessment of structural and functional abnormalities in cellular anatomy.

Tier 1 Players to Hold More Than 80% Revenue Share

PerkinElmer, Bio-Rad, and Thermo Fisher Scientific are among the leading market players in the multiplex biomarker imaging market. These manufacturers continue to dominate the landscape of the multiplex biomarker imaging market due to their strong focus on product innovation, market leadership in product introduction, and strong distribution network with translational laboratories and academic institutes to increase sales.

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Future Market Insights has studied the evolution of the multiplex biomarker imaging market from 2014–2021, and presents demand projections for 2022–2029, on the basis of component type (instruments, software, and services), imaging technique (IHC assays, FISH assays, TMA assays), application (research and clinical diagnostics), and end user (translational laboratories, biopharmaceutical companies, and academic institutes) across seven prominent regions.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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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Mr. Debashish Roy
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MARKET ACCESS DMCC Initiative
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Radiotherapy Patient Positioning Accessories Market will rise at 5.1% CAGR over the forecast period from 2022 to 2028

Estimated to exceed the revenues of US$ 588.8 million in 2022, the global radiotherapy patient positioning accessories market is projected to witness a moderate 4.3% annual growth in revenue, over that in 2021. According to a recent research study of Future Market Insights (FMI), nearly 1/5^th of the overall installed base of radiotherapy patient positioning accessories is accounted by couch tops and overlays, followed by immobilization systems.

More than 40% of the total adoption of radiotherapy patient positioning accessories is registered by hospitals at a global level, as indicated by FMI’s report. A higher rate of demand for radiotherapy patient positioning accessories is likely to be recorded by cancer research institutes and radiation therapy/proton therapy centers, in the forthcoming years.

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Government Support Pivotal in Accelerating Installation of Radiotherapy Patient Positioning Accessories

North America and Europe currently hold a combined revenue share of over 60% in the global radiotherapy patient positioning accessories market. Remarkable increase in the rate of early cancer diagnosis is leading to hike in the adoption of radiotherapy, more prominently in developed countries such as the US, UK, and Germany among others. Moreover, the study opines that the increasing awareness about multiple types of cancers, further backed by favorable government initiatives regarding cancer diagnosis and treatment, will be one of the strongest factors pushing penetration of radiotherapy patient positioning accessories within developed regional markets.

On the other side, governments of several developing economies are also extending support and investments in the cancer diagnosis and treatment space, particularly through screening camps – which is boosting the diagnosis rates of cancer. This according to the report is majorly responsible for promising growth in the installed base of radiotherapy systems and patient positioning accessories. According to FMI’s analysis, the flourishing medical tourism sector is also registering significant contribution to the thriving demand for radiotherapy patient positioning accessories in emerging economies.

Strategic Efforts in Stronger Distribution Network Gathering Momentum among Manufacturers

Some of the key players actively competing in the radiotherapy patient positioning accessories market include Bionix Radiation Therapy, CDR Systems, CIVCO Radiation, Orfit Industries N.V., IZI Medical Products, Klarity Medical Products, Qfix, Elekta AB, and Eckert & Ziegler BEBIG, among others. Several leading manufactures are focused on the development and approval of new products. CIVCO Radiotherapy announced the FDA clearance and CE mark for their Solstice SRS Immobilisation System, in the H2 2021.

Strong distribution partnerships tend to result in effective product reach across the value chain and thereby supports the business growth. While the growing trend of strategic distribution partnerships between peer companies operating in the radiotherapy patient positioning accessories market is translating into improved product outreach, FMI’s analysis suggests that collaborative activities in terms of distribution of radiotherapy patient positioning accessories will particularly benefit smaller players in the market. Recently, POLL Medical entered the partnership with CIVCO for the global distribution of CE-marked GrayDuck Stents.

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Small Bore Connectors Market is exhibiting growth at a CAGR of 4.3% during the forecast period 2022-2029

According to a new study of Future Market Insights (FMI), the small bore connectors market is estimated to roughly equate the revenues worth US$ 558 Mn in 2022, growing at ~3.8% over 2021. The small bore connectors industry remains influenced by a slew of factors, which range from the development of new international standards for design and performance, to the compelling requirement for higher-grade quality products that offer continued performance in high-stake situations.

Security and safety is paramount in small bore connectors, while the rapidly growing space of medical equipment necessitates the development of disposable products with high performance vis-à-vis affordability.

The study finds that the medical device industry and the standards community have been taking actions for minimizing the risk of misconnections. The profound emphasis on the development of new standards has led new connector designs come to the fore that are application-specific, preventing connections with other devices. Additionally, new non-standardized products have also been introduced by key players in the small bore connectors market, to curtail risks apropos of wrong route errors during the administration of medicine via neuraxial and enteral/oral routes.

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Adoption Remains High in Intravascular and Enteral Administration of Medicine

The application scope of the small bore connectors spans wide, ranging from intravascular and enteral, to limb cuff inflation and neuraxial anaesthesia. Use of small bore connectors remains largest in intravascular administration of medicine, accounting for ~25% sales. As ISO/FDIS 80369-7 is finalised, small bore connector manufacturers are now bestowed with specifications for hypodermic and intravenous applications. Enteral administration of medicine also accounts for significant share of the small bore connectors market, owing to its high demand in feeding patients that are unable to drink and eat.

Small bore connector manufacturers are transitioning to new standards for addressing errors in connections between non-enteral and enteral devices. Key players are also focusing on providing succor to their customers by performing testing as part of the product development, to confirm compliance with standard requirements and demonstrate the functional performance of their products.

According to the study, developed markets remain the goldilocks zone for the small bore connector manufacturer. North America and Europe are collectively expected to account for ~50% sales of small bore connectors in 2022, and the status quo is likely to prevail in the foreseeable future. Profitability of developed markets for small bore connector manufacturers is advocated by the end-user and government actions based on regulations and competitive pricing.

As medical device industry continues on its hunt for successful formulas for selling in developing markets, small bore connector manufacturers are following the suit. Developing economies are fairly benign for the small bore connectors market, pushed by growing number of initiatives and awareness campaigns by public as well as private organisations, abreast technology penetration and new product developments. Leading stakeholders in the small bore connectors market are adopting a ‘developing market mindset,’ even as emphasising reasonable investment horizon for eliminating mid-way profitability trap.

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Middle East Veterinary Vaccines Market is expected to reach US$ 533.4 Million, at a cumulative CAGR of 4.8% over the forecast period 2022-2031

According to a recent study by Future Market Insights (FMI), the Middle East Veterinary Vaccines Market is expected to witness moderate growth during the forecast period. The market is expected to grow from US$ 335.0 Mn in 2021 to over US$ 533.4 Mn by 2031. This reflects a cumulative CAGR of around 4.8% over the forecast period (2021-2031).

The demand for veterinary vaccines has increased over the past few years due to the increasing incidences of foodborne and zoonotic infections amongst the population in the Middle Eastern region. The pattern of veterinary treatment is shifting from curative/reactive to preventive in these countries. The cost of preventive treatment is much smaller and has far fewer side effects than reactive treatments that often lead to mass slaughter.

The rebound of economic prosperity in MEA markets is expected to contribute towards increased demand for processed healthy meat products. This will fuel the demand for effective vaccination of livestock, especially in major animal farming and meat-producing nations in the region with a diversified herd such as Sudan, Turkey, Egypt and KSA.

Rising per capita disposable income levels are largely contributing towards demand for processed food items. This is expected to drive the growth of veterinary vaccines in poultry and livestock segments.

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The key players of the veterinary vaccines industry are focusing on finding innovative products to control zoonotic infection rates. Along with this, various advancements in biotechnology are expected to create a favourable platform for the development of various veterinary vaccines in developing markets such as UAE, KSA, Turkey and Jordan. These techniques include next-generation sequencing, synthetic biology and systems biology, among others.

Further, continued investments in multi-disciplinary vaccinology research could improve vaccine development efficiency and shorten time-to-market for upcoming veterinary vaccines.

Key players are working on innovative products, conducting acquisitions, mergers, agreements with other companies to improve their market presence and tap into less competitive emerging markets.

For instance, In September 2018, Boehringer Ingelheim announced that they would be donating 75,000 doses of rabies vaccines to the Global Alliance for the Rabies Control, as an effort of recognition of World Rabies Day on September 28^th.

Such developments not only strengthen the company’s existing portfolio but also help to increase their presence at the regional as well as global level, and help companies to sustain the increasing competitive pressure.

Key Takeaways from Middle East Veterinary Vaccines Study

The attenuated live vaccines accounted for 35.1% share of the total market of veterinary vaccines in the Middle East in 2021. The demand for attenuated live vaccines is expected to grow at a CAGR of 5.8% over the forecast period. By triggering a wide spectrum of immune responses, attenuated vaccines can deliver better immunity than conventional vaccinations.
The livestock animals held the maximum share of 73.9% of the total veterinary vaccines market in terms of animal in 2021. Increased demand for processed meat products and making animal health a critical component of disease control is leading to increasing adoption of livestock animal’s vaccination in the Middle Eastern region.
The foot and mouth disease accounted for more than 27% of the market share of the Middle East veterinary vaccines market in 2021. Foot and mouth disease is the most commonly occurring disease amongst all the animals. This segment is expected to project a cumulative CAGR of 5.6% over the forecast period.
The private veterinary pharmacies registered sales worth U.S. $ 114.6 Mn during the year 2021 and are expected to project a cumulative CAGR of 5.0% over the forecast period. Increased awareness regarding animal vaccinations, rising incidences of foot and mouth disease and high demand for good quality processed meat are some of the factors contributing to the growth of private veterinary pharmacies in the Middle East.

Who is winning?

The key manufacturers of the veterinary vaccines market are adopting strategies such as partnership strategies for global expansion and improving their hold over the global market.

The key market players of the Middle East veterinary vaccines market include JOVA, Bioveta, Inc., Intervac Pvt. Ltd., Zoetis, Elanco, Merial, Merck & Co. Inc, Bayer Pharma AG, Ceva and Boehringer Ingelheim.

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Dual and Multi-Energy Computed Tomography (CT) Market is projected to increase from a valuation of US$ 1.5 Billion in 2022 to US$ 2.6 Billion by 2029

Expanding patient pool suffering from cancer, cardiovascular diseases, and dental and orthopedic disorders is primarily driving the need for dual and multi-energy CT techniques. Continuous focus on the introduction of technologically-advanced devices is expected to propel the growth of the dual and multi-energy computed tomography market over the forecast period of 2022 to 2029.

Amidst the coronavirus pandemic, healthcare systems across the world are overwhelmed; they are running short of supplies such as viral testing kits. This translates to increasing measures of isolation and medical screening. Dual and multi-energy CT is crucial in the early detection of COVID-19, including its nature and extent of damage. As the number of confirmed cases of COVID-19 accelerate, especially in developed regions, dual and multi-energy CT would be critical in the large-scale screening of suspected individuals.

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Key Takeaways of Dual and Multi-energy CT Market Study

The dual-source CT segment under product type contributed maximum value share in the global dual and multi-energy CT market in 2018, owing to the increasing adoption of dual-source CT and easy availability of the device.
CT angiography is expected to be the leading clinical application, resulting in a notable share of the segment in the dual and multi-energy computed tomography market.
The hospitals segment under end user holds above 50% of value share in the dual and multi-energy CT market.
North America holds around 35% revenue share, and is expected to be the most lucrative region in the global dual and multi-energy computed tomography market during the forecast period.
Increasing government funding to boost the growth of the medical industry in Asia is expected to drive the growth of the dual and multi-energy CT market in the region.

Aging Population and Need for Medical Imaging

Increasing aging population with longer life expectancy, especially in developed regions, is anticipated to boost the medical and healthcare industry.

According to the data of the National Institutes of Health (NIH), patients aging 65 years and above undergo diagnostic imaging at rate twice or thrice that of the younger population. Women are also subject to use higher rates of imaging as compared to men. This results in a rise in the number of diagnostic procedures and more effective treatment methods.

Factors such as evolving patient expectations regarding quality of care is also driving the demand for advanced imaging technology, thus boosting the overall imaging market.

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Ammonium Sulphate Market was observed throughout the year of 2031.

The demand for ammonium sulphate has been increasing significantly with rising demand of protein purification for production of insulin across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report.

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Protein purification by precipitation can be performed for bulk protein synthesis and is quite inexpensive in comparison to other purification methods. Growing demand for protein purification by precipitation will fuel the ammonium sulphate market growth.

According to a report published by the World Health Organization (WHO), around 1.5 Mn people died from diabetes. Also, premature mortality rate due to diabetes is high in low and middle income countries. Unprecedented rise in diabetic patients has increased the demand for manufacturing of insulin and other biopharmaceutical drugs. Insulin is produced by protein purification which requires ammonium sulphate as a precipitating agent.

Ammonium sulphate experienced a surge in demand during the Covid-19 pandemic. Regular surface disinfecting was made necessary during pandemic in order to break the viral transmission leading to surging demand of disinfectants.

Ammonium sulphate is an excellent surface disinfectant and is used in majority of disinfectants. With rise in demand for disinfectants a reasonable growth in ammonium sulphate market was observed throughout the 2020.

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-1236

Key Takeaways from FMI’s Ammonium sulphate Market Study

Rapid development in vaccine and surge in demand for disinfectants in U.S will bolster demand across the country.
The U.K is expected to offer growth opportunities as governments and private organizations are working towards implementing ammonium sulphate in water filtration and treatment processes.
Rising demand for legumes and pulse cultivation will increase ammonium sulphate adoption across Germany.
Sluggish growth can be experienced in China due to implementation of “Zero Increase of Fertilizer Use” program, and increasing adoption of organic fertilizers.
India is expected to exhibit impressive market growth owing to increase in population and rising efforts towards becoming self reliant in fertilizers production.

“Rising government efforts towards spreading awareness regarding proper use of nitrogenous fertilizers will amplify sales of ammonium sulphate during the forecast period,” says the FMI analyst.

Competitive Landscape

Some of the companies profiled by FMI include Koninklijke DSM N.V. (Fibrant), JSC KuibyshevAzot, UBE Industries, Ltd., Toray Industries Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Corp.), JSC “Grodno Azot”, Grupa Azoty, Domo Chemicals and Gujarat State Fertilizers & Chemicals Ltd.

Ammonium sulphate market is highly consolidated owing to presence of large number of market players. Global leaders in ammonium sulphate market are focusing towards investing in new technologies for high production rate at minimum possible cost.

They are also showing inclination towards strategic merger and acquisition and forming a long term partnership with regional distributors to strengthen their supply chain channels.

For instance:

Ube Industries joined hands with a consortium of companies on March 12, 2021, to co-develop the supply of ammonia marine fuel and build modern fueling stations in Japan. The consortium members included Itochu Corporation, Itochu Enex Co., Ltd.), and Uyeno Transtech Co., Ltd with Ube Industries.

More Insights on the Global Ammonium sulphate Market

In its latest report, FMI offers an unbiased analysis of the global ammonium sulphate 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 production process and region.

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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.

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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Carbon Fiber Prepreg Market Share and Statistics 2017–2027

Prepreg carbon fibre is a conventional form of carbon fibre, specially pre-impregnated with a thermoplastic or thermoset resin matrix during the manufacturing process. Most commonly used resins are epoxy resins, phenolic resins, thermoplastic resins and BMI resins. Carbon fibre prepregs are light weight, easy to fabricate, have high tensile strength and are resistant to moisture, chemicals and corrosion. They also have improved impact resistance with increased operational stability at high temperatures and pressure.

Increasing demand from emerging economies as well as increasing industrialisation and manufacturing will boost the growth of the global carbon fibre prepreg market during the forecast period.

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Global Carbon Fibre Prepreg market: Drivers and Restraints

The carbon fibre prepreg market is heavily reliant on aerospace & defence, automotive and wind industry. Carbon fibre prepregs are lightweight and easy to fabricate and hence, used by major aerospace companies to manufacture combat, commercial and cargo transport aircrafts. Demand for carbon fibre prepregs from the automotive industry is increasing owing to robust demand from emerging countries. The global carbon fibre prepreg market is projected to grow at a high growth rate amidst its growing demand for industrial, commercial and residential activities.

Growth in the renewable energy market, particularly wind energy, is another factor driving the demand for carbon fibre prepregs. Frequent power cuts, blackouts, voltage fluctuation and load shedding have led to increased demand for wind power in residential buildings and this in turn, is likely to fuel the growth of the carbon fibre prepreg market. Supportive government policies in the form of tax benefits and subsidies can further add to the growth of the wind energy market. The highly volatile fossil fuel prices are likely to encourage more investments in the renewable energy sector and hence, create more opportunities for the wind energy. This, in turn, will benefit the carbon fibre prepreg market in the long run.

High manufacturing and processing cost is seen as a major restraint for the carbon fibre prepreg market. Recycling of carbon fibre prepregs is expensive and this can prove to be another factor responsible for hampering the growth of this market. Providing a good product at reasonable prices could be a major challenge for carbon fibre prepreg manufacturers. Development of advanced software tools for product development can provide good opportunities for manufacturers.

Global Carbon Fibre Prepreg market: Region Wise Outlook

As of 2016, owing to rapid industrialisation and aggressive expansion of the manufacturing sector, APEJ is expected to be the fastest growing Carbon Fibre Prepreg market. There is high demand for Carbon Fibre Prepreg from countries such as China, Japan, India, Singapore and South Korea. North America is anticipated to dominate the Carbon Fibre Prepreg market during the forecast period. This high growth is attributed to the growing demand from aerospace & defence and automotive industries.

Europe is the other prominent market in terms of rising demand for Carbon Fibre Prepreg. The steady growth in German automobile industry is the major driving factor in this region. Middle East, Latin America and Africa are expected to expand at a relatively lower CAGR over the forecast period.

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Global Carbon Fibre Prepreg market: Market Participants

Examples of some of the market participants in the global Carbon Fibre Prepreg market identified across the value chain include:

HC Composite
Royal Tencate N.V.
Cytec Solvay Group
Hexcel Corporation
Gurit Holding AG
Kineco Pvt Ltd
Unicarbon
Zyvex Technologies
Mitsubishi Rayon Co. Ltd.
TCR Composites
PRF Composite Materials
Toray Industries Inc.
Teijin Limited
Park Electrochemical Corporation
Axiom Materials

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 geography, technology and applications.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Siz
Supply & Demand
Current Trends and Issues and Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

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

Corrosion Protective Coatings and Acid Proof Lining Market expected to witness a 4.5% year-over-year growth in 2016 over 2015.

Demand for corrosion protective coatings and acid proof lining materials will continue to witness steady demand in 2016, with global revenues totalling 31,636.2 Mn in 2016, an increase of 5.5% over 2015. Slow, yet promising growth in the construction sector will continue to drive adoption of corrosion protective coatings and acid proof lining materials in 2016. Demand will also be strong in the marine sector, with annual revenues expected to total 6,628.1 Mn in 2016, a 5.2% increase over 2015.

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Innovation in coating technology will continue to open up new avenues of growth in 2016. Shift from solvent-borne technology to waterborne technology will continue to gain momentum, with the former expected to witness a 4.5% year-over-year growth in 2016 over 2015. The water-borne technology segment will witness 6.3% y-o-y growth in 2016 over 2015. Increasing investment by key players in developing economies is also expected to strengthen demand for corrosion protective coatings and acid proof lining materials.

Polymer coatings will continue to remain the largest corrosion protective coating product type, representing revenues worth 17,597.4 Mn in 2016, an increase of 5.8% over 2015. Ceramic & carbon brick lining will remain the most lucrative product segment in acid proof lining segment, representing 1,068.1Mn in revenues in 2016.

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Demand for corrosion protective and acid proof lining materials will remain strongest in Asia Pacific, with the region representing 36.7% revenue share in 2016. Steady pace of construction in the emerging countries of Asia Pacific will continue to create sustained demand for corrosion protective coatings and acid proof lining materials in 2016 and beyond. North America and Eastern Europe will maintain their position as the second- and third- largest market for corrosion protective and acid proof lining materials in 2016. These two regions will collectively account for 33.6% revenue share of the market in 2016.

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BASF Coatings GmbH, PPG Industries, Inc., The Sherwin-Williams Company, Ashland Inc., Axalta Coating Systems Ltd., Hempel A/S, International Paint Ltd., and Jotun A/S etc. are some of the leading players in the global corrosion protective coatings and acid proof lining market. Concerns on the environmental impact of coatings and acid proof lining materials is influencing leading companies to focus on developing sustainable products — FMI expects this trend to gain further momentum in 2016.

Long-term Outlook: FMI maintains a positive long-term outlook on the corrosion protective coatings and acid proof lining market, anticipating the market to increase at 6.2% CAGR during the forecast period 2015-2025.

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Global Hot Melt Adhesives Market expand at a CAGR of 5.2% from 2015 to 2025, accounting for US$ 8.9 Bn by 2025

According to the latest market report published by Future Market Insights (FMI) titled “Hot Melt Adhesives Market: Global Industry Analysis and Opportunity Assessment 2015-2025”, the hot melt adhesives market is expected to be valued at US$ 5.4 Bn in 2015 and expand at a CAGR of 5.2% from 2015 to 2025, accounting for US$ 8.9 Bn by 2025.

A hot melt adhesive is a thermoplastic glue that is thermally melted on application and attains adhesion strength upon cooling. Hot melt adhesives consist of one or more polymers as well as additives such as stabilizers, pigments and resins, which are carefully blended to exhibit different characteristics from base polymers. Hot melt adhesives are named after polymer bases. Various types of hot melt adhesives include ethylene vinyl acetate, polyolefin, polyamide, styrenic block copolymers, polyester, etc. Hot melt adhesives are used in several industries including packaging, non-woven, automotive, product assembly, textiles, tapes and labels, woodworking, paper bonding, electronics and many more.

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Hot melt adhesives are 100% solid thermoplastic materials without any volatile organic compounds, which makes them safe for use in production, transportation, application and storage. They are also environment friendly and safe for use by humans. Properties such as higher setting speeds and heat resistance and easy disposal gives hot melt adhesives a competitive advantage over water and solvent based adhesives, and is a major factor driving market growth. The setting speed of hot melt adhesives range between 5 and 30 seconds, enabling speedier production lines as compared to conventional adhesives. In addition, technological advancements in polymer bases are expected to further drive this market. Development of hydrophilic and polyamide hot melt adhesives is also gaining attention in developed countries, thereby driving growth of the hot melt adhesives market.

On the basis of polymer base, the hot melt adhesives market has been segmented into ethylene vinyl acetate, polyolefin, polyamide, styrenic block copolymers and others. The ethylene vinyl acetate segment is anticipated to account for a major share in the hot melt adhesives market by 2025. The polyolefin segment accounts for the highest market share across the globe and is expected to witness the highest CAGR of 6.4% in terms of value, during the forecast period (2015-2025). The styrenic block copolymers and ethylene vinyl acetate based hot melt adhesives are anticipated to grow at a steady rate during the forecast period.

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On the basis of application, the hot melt adhesives market is segmented into packaging, automotive, construction, healthcare products and others. Others include textile, electronics, paper bonding and footwear. The packaging segment is expected to dominate the market with over 35% share in the global market. Consumption of hot melt adhesives in healthcare products is expected to increase rapidly in the near future. Application in healthcare products is expected to witness a CAGR of 5.4% during the forecast period. Increasing awareness pertaining to hygiene coupled with technological advancements in polymer bases, especially for hygiene, is expected to boost demand for hot melt adhesives during the forecast period.

The report provides detailed information about various trends driving each segment and offers insights and analysis about market trends in specific regions. The report also includes an overview of the parent market and key regulations regarding the application of these adhesives. On the basis of region, the market is segmented into seven regions. North America is expected to dominate the market with over 30% share by the end of 2015. In terms of value, Asia Pacific is anticipated to demonstrate the highest CAGR of over 9% during the forecast period.

Browse the full “Hot Melt Adhesives Market: Global Industry Analysis and Opportunity Assessment 2015-2025” market research report at https://www.futuremarketinsights.com/reports/hot-melt-adhesives-market

Further, the report presents market opportunities, future outlook, trends, BPS analysis, market attractiveness analysis and competitive landscape of the key players in the hot melt adhesives market. Key players have been profiled to include a company overview, financials, operating segment share, product and service offerings, business strategies, SWOT analysis and key developments.

Key players in the global hot melt adhesives market include Henkel AG & Co. KGaA, H. B. Fuller, Sika AG, Arkema Group, Ashland Inc., The 3M Company, Jowat AG, Sipol S.p.A., Palmetto Adhesives Company and Sealock Ltd.

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Soil Treatment Chemicals Market Analysis 2017-2027

Soil treatment is a process by means of which the quality of soil can be improved. Increasing industrialisation coupled with increasing water and soil pollution, have resulted in lower productivity of agricultural land and have rendered it infertile. This negative impact of industrial pollution on fertility soil and productivity has increased the need for soil treatment chemicals.

Soil treatment processes and the chemicals used therein have become an integral part of farming and agriculture. If chemical fertilisers are used in excess amounts, it could make the soil acidic. Acidic and basic soil not only affect the plants’ growth but also affects the productivity, thus, it needs to be treated with pH adjusters in order to neutralise the soil. Depending upon the desired soil treatment, soil treatment chemicals are selected to improve the quality of the soil.

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Global Soil Treatment Chemicals Market: Dynamics

The demand for soil treatment products is directly proportional to the increasing demand for high-quality food grains. Increasing population coupled with increasing demand for food products is expected to boost the demand for the soil treatment chemicals during the forecast period. Surge in demand for the soil treatment chemicals has resulted in rise in the productivity of agriculture lands in the past few years.

Since the soil treatment products improve soil quality such as physical, biological and nutritional values, it will help to drive the demand for the soil treatment chemicals. Furthermore, these products help in maintaining ideal soil conditions and help in balancing pH, increasing moisture retention, restoring microbial activity and reducing compaction for proper growth of the crop. The increasing use of soil treatment chemicals owing to their versatility is expected to drive the growth of soil treatment chemicals market.

Apart from these, the lack of awareness and technical knowledge related to soil treatment and chemicals usage is likely to hamper the growth of soil treatment chemicals market. Moreover, the increasing bio-agriculture market and the government initiatives to support the growth of agriculture industry in various region such as APAC and North America is likely to create new opportunities for the growth of the soil treatment chemicals market.

Global Soil Treatment Chemicals Market: Regional outlook

The global soil treatment chemicals market is mainly dominated by North America and Europe owing to rising concerns about arable land in these regions. Moreover, growing demand for improved soil fertility and soil aeration along with the government regulations over agricultural products in North America and Europe will fuel the market growth during the forecast period.

The soil treatment chemicals market in this region is expected to witness a significant growth and is expected to register healthy CAGR over the forecast period. Furthermore, government initiatives to support the growth of agriculture industry, for instance, subsidies on agricultural products, will propel the demand for the soil treatment chemicals in Asia-Pacific region. The Asia-Pacific soil treatment chemicals market is projected to experience steady growth and is expected to register a robust CAGR over the forecast period.

Global Soil Treatment Chemicals Market: Market Participants

Some of the examples of market participants in the global soil treatment chemicals market identified across the value chain are: BASF SE, Arkema S.A., China Shenghua Group Agrochemical Company, Certis USA Llc., Bayer AG., Camson Bio Technologies Ltd, Chemtura Corporation. and Amvac Chemical Corporation, among others.

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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)

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Global Soil Treatment Chemicals Market: Segmentation

On the basis of type, the global soil treatment chemicals market is segmented into;

Organic amendments
Compost
Crop residue
Others (Sewage sludge, etc.)
Soil protection
Weed Protection
Pest Control
Others
pH adjusters

On the basis of technology, the global soil treatment chemicals market is segmented into;

Biological
Thermal
Physiochemical