Sailcloth Market Comprehensive Shares, Historical Trends And Forecast By 2030

Exhibiting growth at a moderate pace, the sailcloth market is forecast to surpass US$ 500 Mn in the next five years. While as per Future Market Insights (FMI), growth during the ongoing pandemic crisis may seem stunted, the market has possibilities of recovery as soon as COVID-19 passes.

Sailcloth has been under the spotlight for quite some time now on account of it excellent strength-to-weight ratio. It is durable, abrasion resistant, and highly advanced hence considered suitable for building tents and sails.

Thanks to technological advancements manufacturers are able to use sailcloth material for spinning diverse items. For instance, sailcloth has become a preferred fabric to engineer sturdy backpacks. Meanwhile, because of its impressive resistance to heat, sailcloth continues to be used in regular boat sails and cruise sails.

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Among various fabric types a sailcloth is spun into, aramid sailcloth witnesses considerably high demand. Aramid fabric is lightweight, heat resistance, and demonstrates better resistance to stretch. It is therefore one of the leading choices for laminated cruising sails and racing sails.

Future Market Insights delves deep into evaluating prospects for the sailcloth market. It studies the scope for expansion beyond the conventional boating and marine industry. Besides highlighting hidden opportunities, FMI discusses at length potential threats to the market in its recent study.

Some of the key factors highlighted in the report are:

  • Among various types of sailcloth available in the market, nylon sailcloth is expected to boast dominance. Nylon is more lightweight and has superior abrasion resistance. Besides this, it shows high flexibility and tensile strength, which make it a preferred material. According to FMI, the susceptibility of nylon to chemical degradation and UV makes it a better option since it eliminates the fear of getting dumped into landfills
  • In terms of application, cruising sales will hold the leading share in the global market. Dacron will remain the standard sail fabric used in the category. The high resiliency of the fiber will aid growth in the segment
  • Regionally, Europe currently leads the global sailcloth market. Rising demand witnessed in Denmark, France, Italy, and the U.K will support expansion of the market in the region

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“Despite increasing popularity of sailcloth, the high price of raw materials required will continue creating challenges for the market. Currently, however, the economic and social impact of COVID-19 outbreak is hindering its trajectory. People around the world are avoiding tourism and public gathering to contain the virus, which is impacting the two most crucial segments – sails and tents,” said a lead analyst at FMI.

Who is winning?

The sailcloth market exhibits the presence of several international and local players. Companies operating in the market are focusing on technological advancements to gain competitive edge. They are seeking to leverage their expertise to launch novel products:

  • For instance, a company called Contender Sailcloth launched a hybrid range of marine fabric and called it Fibercon in March 2019. This fabric demonstrates better resistance to wear and tear

Driven by technological advancements and rising focus on research and developments, the global sailcloth market will continue exhibiting growth at a steady pace.

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Get Valuable Insights into Sailcloth Market

Future Market Insights executive level blueprint of the sailcloth market in its report. It offers refined forecasts pertaining to revenue growth witnessed across various segments. Trends impacting the market’s trajectory across these segments are also studied in detail for a period between 2020 and 2030.

The report studies the global sailcloth market and segments it in terms of type into laminate sailcloth, nylon sailcloth, polyester sailcloth and others. Based on application, the market can be segmented into cruising sails, racing sails, and others. Regionally, the global sailcloth market can be segmented into North America, Latin America, Europe, Asia Pacific, Oceania, and the Middle East and Africa.

Bromine Market will grow gradually at 2.7% CAGR between 2021 and 2031

According to the latest report by Future Market Insights, the global bromine market is estimated to be worth US$ 2.4 Bn in 2021. With a large share in oil and drilling applications, bromine and its derivatives are seeing high demand growth in the US.

High demand for bromine derivatives and Clear Brine Fluids (CBFs) is seen in the US which is seeing an uptick in drilling and exploration activities for oil.

Despite the ongoing pandemic, players in the bromine market are engaging in smart procurement moves for bromine and its derivatives in order to preserve their margins. Efforts are also being undertaken to secure long-term strategic liaisons by manufacturers with their customers and partners to offtake production and keep plants operational in the interim.

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Key Takeaways of Bromine Market

  • Flame retardants account for the largest share in the bromine market. Despite stringent regulations banning brominated flame retardants, this segment will showcase strong growth through 2031
  • Asia Pacific was the largest regional market for Bromine in 2019. Within this region China accounted for 13% bromine production
  • With high uptake of bromine as a flame retardant in electronics manufacturers are re-shoring to regions within Asia Pacific on back of cost-effective raw materials and cheap labor
  • High recyclability of hydrogen bromide along with virgin bromine brines is upping the overall production of bromine globally

COVID-19 to Compound Challenges of Refiners

Bromine and in particular, the chemicals industry, will feel the impact of COVID-19 in the near term. The bromine market like other major chemical sectors will continue to face supply chain disruptions owing to outbreaks in various regions.

Regions such as Asia Pacific, North America and Europe which have till now remained key producers of bromine may feel the adversarial effects of the pandemic and prevailing uncertainty in capital markets.

Slackening growth in consumer goods, automotive and the construction sector is also impacting the demand for brominated flame retardants in these end-use industries. Refineries producing bromine are facing significant challenges with facility shutdowns.

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Bromine Market – Competitive Intelligence

The market structure for bromine is highly consolidated with leading stakeholders’ producers accounting for three-fourth of the supply. With technological advancements in bromine and its derivatives as well as collaborative ventures between major players, the market is witnessing high growth in pharmaceuticals, construction, electronics and oil & gas.

  • Israel Chemicals Ltd, headquartered at Tel Aviv, is one of the leading players in the market manufacturing elemental bromine. With an estimated capacity of 280,000 MT of bromine per year, the company serves diverse sectors such as construction, pharma, energy and automotive. To reduce its overall operating cost the company looks at establishing new pumping stations in locations around the Dead Sea to maintain bromine production. The company also collaborated with Albermarle Corporation to develop a new generation of polymeric flame retardants with reduced emissions
  • Lanxess AG, headquartered in Germany offers brominated flame retardants which are primarily being used in building insulation. The company recorded a strategic milestone with its acquisition of Chemtura, a US company which has made it one of the most important players in the additive market and has also given it a foothold in urethanes and organometallics divisions

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Future Market Insights has published a market research report on the bromine market that contains global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the bromine market through four different segments- product type, source, application, and region. The bromine market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

Mining Lubricants Market is growing with a healthy CAGR of 3.4% during the forecast period 2020-2030

Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.4% growth through the forecast period (2022-2030). Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with coal and iron ore mining sector driving demand.

Manufacturers are working on product differentiation strategies to develop lubricants that have prolific anti-friction properties, high pressure additives and the correct anti-wear agents. Sharper profit margins are underpinned by lubricants used in equipment such as coal crawler excavators.

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Key Takeaways of Mining Lubricants Market Study

  • The mining lubricants market is slated to reach US$ 2.98 Bn by 2030
  • High performing lubricants and greases are growing in demand as covid-19 tightens operating costs
  • Coal mining largest application avenue, accounting for over 50% mining lubricants market share
  • Open pit mining is heightening the adoption of loaders, roof bolters, draglines and haul trucks thus boosting demand for lubricants
  • Bio-based lubricants pipped as a log-term solution, but current market dynamics in favor of synthetic variants

For mining companies, operational and maintenance costs account for a significant share. Increasing awareness among companies about the proper usage of lubricants has decreased the maintenance cost of equipment. Moreover, it has also helped companies to avoid unexpected shutdowns”, says an FMI analyst.

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Mining Lubricants Market – Competition Landscape

Technological advancements in lubricants is acting as a catalyst for mining lubricants market players to move up the value chain. The mining lubricants marketplace remains moderately fragmented, with Shell, Exxonn Mobil and Chevron as the traditional triumvirate. With size of mining equipment undergoing a seismic shift, manufacturers are strategizing to come out with differentiated offerings that lower maintenance costs.

  • Schaeffer, a privately held US company specializing in heavy duty lubricants, has demonstrated the capability of extending working time of mining equipment by several hours. Besides this, the company’s lubricants create a highly durable shield thus reducing metal-to-metal contact and friction
  • Total, on the other hand, closely collaborates with its mining company clients, advising them on correct lubricant storage solutions. It recommends the first in, first out approach thus reducing costs on obsolete inventories by as much as 6% – 19%
  • Exxon Mobil, in the year 2019, expanded its refinery at Singapore for better upgradation of Group II lubricants stock to remain competitive in the market

COVID-19 Impact on Mining Lubricants

In the first quarter of 2020, lubricant players have bore the brunt of the COVID-19 crisis as the virus rampaged across China, Europe and North America. Many had to fully or partially shut down operations. Sales of lubricants were down by as much as 70%-75% in Asia Pacific. Industry experts predict a gloomy outlook for the near term as it will take a few quarters for the market to come back to normalcy.

With lockdowns in force in Europe, Asia and North America, there has been a cessation in mining activity. Consumption of lubes has dropped and many lube refiners are being forced to cut down their throughput by at least 20%-30%. The daily global oil demand is also set to shrink by a few million barrels leaving an unpleasant residual impact on the mining lubricants market. The use of inventories to meet pending demand and cash reserves will help lubricant manufacturers to sail through this turbulent time in the short-term.

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Future Market Insights has published a market research report on the Mining lubricants market that contains global industry analysis for 2015–2021 and opportunity assessment for 2022–2030. The report provides insightful analysis of the Mining lubricants market through four different segments- product type, source, application, and region. The Mining lubricants market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

Competitive Growth Strategies for Gift Wrapping Paper Market Based on Type, Application, End User, and Region

Gift wrapping paper is a decorative or craft paper  mainly used to enhance the aesthetic value of a gift  . The gift packaging  market is discovering impressive opportunities with growing personal consumption and expanding use of eye-catching products at affordable prices. The growing environmental concerns about the use of plastic packaging products are further propelling the global packaging market. Growing spending on luxury gift products such as perfumes and apparel is  driving demand for gift wrapping paper, especially in emerging economies in the Asia Pacific region.

Global Gift Wrapping Paper Market: Dynamics  E-commerce

The increasing penetration    of gift wrapping paper is emerging as an important factor in stimulating the demand in the gift world. Multinational e-commerce establishments such as Amazon, Alibaba and Snapdeal are expected to fuel demand for gift wrapping paper. Independent research shows that the majority of demand for gift wrapping paper comes from Christmas and Halloween, where it is mainly celebrated in Western European countries. With the celebration season in mind, most companies focus primarily on offering customized products and expanding their product portfolios to entice consumers to purchase their products.

Despite the positive outlook, there are certain factors that may hamper the global gift wrapping paper market. Growing concerns about the high volume of waste resulting from the use of disposable gift wrapping paper is a major restraining factor hindering the growth of the global gift wrapping paper market during the forecast period.

Global Gift Wrapping Paper Market: Regional Outlook

The global gift wrapping paper market is Latin America, North America, Eastern Europe, Western Europe, Middle East, Africa (MEA), Asia Pacific excluding Japan (APEJ), and Japan.

North America and Europe are currently the largest markets for gift wrapping paper due to their high per capita income and high standard of living compared to other parts of the world. In addition, most of the multinational paper pulp manufacturing plants are well established in the region. However, in terms of growth, Asia Pacific is projected to be the most lucrative market for gift wrapping paper. With rising disposable income and rising personal consumption in emerging economies like China and India, the gift wrapping paper market in the region is expected to achieve double-digit growth over the forecast period. However, over the past decade, countries such as Brazil, Chile and Venezuela have

Finally, to summarize the scenario of the above regions, the gift wrapping paper market is projected to grow at a healthy CAGR during the forecast period.

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Global Gift Wrapping Paper Market: Key Players

The current global gift wrapping paper market is:

  • Mondi Group Plc.
  • international paper company
  • Oji Paper Co., Ltd.
  • DS Smith Plc
  • Deufol AG
  • Smurpit Kappa Group Plc.
  • graphic packaging holding company
  • Stora Enso Oyj
  • Japan Paper Group Headquarters
  • KapStone Paper and Packaging Corporation
  • SCA PACKAGING CO., LTD.
  • Glyph Paper and Film Co., Ltd.
  • Gascogne SA
  • Japanese paper pulp firm
  • Rengo Co., Ltd.
  • Sequana SA
  • Boxes Prestige Ltd.

The report on Gift Wrapping Paper summarizes first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The Gift Wrapping Paper report offers a detailed analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness by segment. The Gift Wrapping Paper report also reveals the qualitative impact of various market factors on market segments and regions.

Global Gift Wrapping Paper Market: Regional Analysis

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

Please contact TOC@ for information on the research approach used in the report  . https://www.futuremarketinsights.com/toc/rep-gb-7630 Global Gift Wrapping Paper Market: Segmentation

The global gift wrapping paper market can be segmented on the basis of Types: Printing technology, material type and packaging type.

On the basis of printing technology, the global gift wrapping paper market can be segmented into:

[*]Offset printing
[*]Digital printing
[*]Inkjet printing
[*]Zero/Electrophotographic printing
[*]Flex graphic printing
[*]Screen printing
[*]Rotogravure printing

On the basis of material type, the global gift wrapping paper market can be segmented into:

[*] Kraft gift wrapping paper
[*] Recycled gift wrapping paper [*] Unbleached gift
wrapping paper
[*] Unbleached gift wrapping paper

On the basis of packaging type, the global gift wrapping paper market can be segmented into:

[*] Primary packaging
[*] Secondary packaging
[*] Third packaging

Pharmaceuticals Grade Sodium Bicarbonate Market estimated to touch a valuation more than US$ 50 Mn by the end of the assessment period

Future Market Insights (FMI) has published a new research report on the pharmaceuticals grade sodium bicarbonate market. The report has been titled “Pharmaceuticals Grade Sodium Bicarbonate Market: Global and India Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” In the pharmaceuticals industry, sodium bicarbonate is basically used as an active pharmaceutical component and excipient. It is fundamentally employed for treating hemodialysis, cardiac arrest, extracorporeal circulation of blood, circulatory insufficiency because of shock or severe dehydration, uncontrolled diabetics, and metabolic acidosis. Sodium bicarbonate also acts as an antacid in medicines and can also be employed for maintaining the pH level of the blood and control the level of acidity in the blood during hemodialysis.

In order to cater to the growing needs of the pharmaceuticals industry, the companies operating in the market are coming up with new strategies. For instance, In January 2018, Solvay SA inaugurated its new energy-efficient gas turbine at its soda ash plant in Rosignano, Italy, securing the plant’s current production capacity and long-term competitiveness in local and export markets. Following this other companies also pulled up their socks in order to stay competent in the market. Some of the other companies operating in the market are Novacap Group, Tata Chemical limited, Ciech SA, Natural Soda LLC, Jost Chemical Co., and Tronox Alkali Corporation.

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According to the report, the global market for pharmaceuticals grade sodium bicarbonate is expected to witness a CAGR of 3.2% from 2017 to 2027.  The market was worth US$ 160.4 Mn in 2017 and is expected to reach a valuation of US$ 220.3 Mn by the end of 2027.

Demographic Changes to Act as Growth Booster for the Global Market

Globalisation, demographic changes, and population growth have not only contributed to the pharmaceuticals industry growth, but also have led to the rising standards of healthcare services across the globe. The expansion of government health programmes, especially in developing countries, is further boosting the overall healthcare and pharmaceutical spending in various regions. In a broader perspective, a shift in day-today activities, eating habits, disease patterns with respect to age, etc. are estimated to remain key factors leading to increased demand for pharma and medical services.

Availability of Substitutes to Pose a Threat to Market Development

Sodium bicarbonate has various substitutes for pharmaceutical applications, such as calcium carbonate, calcium chloride, etc. Calcium carbonate occurs in nature as limestone, chalk, marble, calcite, seashells, corals, etc. Although calcium carbonate is a soluble alkali, tests prove that sodium bicarbonate is a stronger base than calcium carbonate. The sodium bicarbonate salt is relatively cheap and high consumption of sodium source compounds can cause renal diseases and may also increase heart pressure, which can lead to heart failure or stroke. Calcium carbonate is more effective and safe than sodium bicarbonate and is the first line of medication for heartburn. Calcium carbonate works in seconds and is readily available over the counter. Calcium chloride has minimal side effects and is available in chewable form.

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Market Taxonomy

Application

  • Antacids
  • Hemodialysis
  • Tablet Coating
  • API
  • Excipients
  • Toothpaste
  • Others

Grade

  • Fine
  • Coarse

Region

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

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Key Questions Answered in the Report
What will be the liquid silicone rubber market value in 2022?
At what rate did the sales of liquid silicone rubber grow in the last 10 years?
At what rate will liquid silicone rubber market grow between 2022 and 2026?
Which is the most lucrative market for liquid silicone rubber?
What is the Europe liquid silicone rubber market outlook?
Which technology segment accounts for maximum liquid silicone rubber sales?

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Liquid Silicone Rubber Market expected to reach US$ 7.88 Bn through 2026

The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2022-2026. It has been estimated that the global liquid silicone rubber market will register a value CAGR of 4.6% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future.

As molding processes gain grounds in the manufacturing sector, injection materials such as liquid silicone rubber are witnessing a sharp increase in terms of demand. Versatile characteristics and unique properties of liquid silicone rubber is driving its value in the elastomer industry, wherein a wide spectrum of consumer products, medical devices and industrial goods are being manufactured by injecting liquid silicone rubber into mold cavities. Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.88 billion.

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Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026

Molding capabilities of liquid silicone rubbers will drive their use across several industrial applications. It has been observed that industrial grade liquid silicone rubber will showcase robust growth in demand in the coming years. Through 2026, nearly half of the global liquid silicone rubber market value will be accounted by sales of industrial grade elastomers. The report also foresees that liquid injection molding technology will be a sought-after in the global liquid silicone rubber market. In 2022, more than US$ 3.2 billion worth of liquid silicone rubbers will be used by liquid injection molding systems across the globe.

Lucrative End-use Industries for Liquid Silicone Rubbers

The study has identified key industries that will drive the end-use of liquid silicone rubber in the near future. Consumer goods industry will reflect highest profitability in the end-use of liquid silicone rubber for manufacturing fast-selling products such as buttons and rubber gaskets. By the end of 2026, US$ 1.76 billion worth of liquid silicone rubber will be used in the production of consumer goods worldwide. Furthermore, healthcare landscape will also exhibit fast-growing end-use of liquid silicone rubber over the forecast period. Liquid silicone rubber manufacturers will find lucrative profit margins will selling these elastomers in the production of expensive medical devices such as lung catheters. The report also observes the automotive industry as a lucrative end-user of liquid silicone rubbers. Over the forecast period, automotive end-use of liquid silicone rubber will reflect highest value CAGR of 5.4% in the global market.

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Liquid Silicone Rubber Manufacturing to Remain Concentered in Asia

China National Chemical Corporation, Shin-Etsu Chemical Co., Ltd., KCC Corporation, Toshiba Medical Systems Corporation, and Zhejiang Xinan Chemical Industrial Group Co., Ltd. are among the prominent manufacturers of liquid silicon rubber based in Japan, China, Korea and other parts of the Asia-Pacific region. The report estimates that in 2018 and beyond, the Asia-Pacific excluding Japan (APEJ) region will represent largest marketplace for liquid silicone rubber, reflecting a weighted 35% share on global market value. Other key players in the global liquid silicone rubber market, namely Dow Corning Corporation, Momentive Performance Materials, Inc., Evonik Industries AG, Bluestar Silicones International, SiVance, LLC, NuSil Technology LLC, Simtec Silicone Parts, LLC, Wacker Chemie AG, Stockwell Elastomerics Inc., and Xinapse Systems Ltd. are also expected to bolster their presence across the APEJ region in the foreseeable future.

Liquid Silicone Rubber Market by Category

By Grade Type:

  • Food Grade
  • Industrial Grade
  • Medical Grade
  • Other Grades

 By Technology:

  • Liquid Injection Molding System
  • Other Molding Processes

By End Use Industry:

  • Consumer Goods
  • Electrical and Electronics
  • Construction
  • Automotive
  • Healthcare
  • Others

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By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  •  Middle East & Africa

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Pharmaceutical Grade Sodium Carbonate Market predicted to progress at a CAGR of 2.5% to bring in revenue worth US$ 51 Mn by 2028

According to Future Market Insights, the global pharmaceutical grade sodium carbonate market is projected to rise at a value CAGR of 2.8% during the forecast period. In 2022 the global market was valued at around US$ 38 Mn and is estimated to touch a valuation more than US$ 50 Mn by the end of the assessment period.

A new research study titled “Pharmaceutical Grade Sodium Carbonate Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028)” by Future Market Insights presents a extensive analysis on the pharmaceutical grade sodium carbonate market along with global trends and opportunities across various regions. The analysis also includes key driving factors as well as restraining aspects that impact the global market’s growth. This extensive market research report covers historical market scenario for pharmaceutical grade sodium carbonate along with a forecast analysis for a period of 10 years.

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Increase in the Consumption of Drugs to Treat Gastrointestinal Diseases Expected to Fuel the Demand for Pharmaceutical Grade Sodium Carbonate

Owing to unhealthy food habits, demographic changes, sleeping habits and changes in other daily activities, rate of gastrointestinal diseases has increased. According to World Gastroenterology Organization, about 35% to 40% of the world’s population is suffering from chronic or acute gastrointestinal diseases. Due to changes in diet and associated irregularities in food consumption, higher percentage of population is developing gastrointestinal disorders. This has spurred the consumption of antacids and other gastrointestinal drugs. Pharmaceutical grade sodium carbonate is largely used as an API in various antacids to treat gastrointestinal drugs. This has fuelled the consumption of the chemical at a global scale consequently fuelling the growth of the global pharmaceutical grade sodium carbonate market.

Key Companies Involved in the Global Pharmaceutical Grade Sodium Carbonate Market

Prominent players involved in the global pharmaceutical grade sodium carbonate market are concentrating on expanding their production capacity with a view to meet the increasing demand for pharmaceutical grade sodium carbonate at a global level from various end users for different applications. Solvay SA, Novacarb (Novacap Group), Dr. Paul Lohmann GmbH KG, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tianjin Chengyuan Chemical Co. Ltd., Weifang Hongyuan Chemical Co. Ltd., and Tronox Alkali Corporation are few of the major players operating in the global pharmaceutical grade sodium carbonate market. Analysis on these players is included in this research report, the scope of which covers financial data, product portfolio, expansion strategies and key developments and innovations.

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Higher Price of Pharmaceutical Grade Sodium Carbonate to Hinder the Growth of the Global Market

The consumption of pharmaceutical grade sodium carbonate is limited to specialty, niche and certain high cost applications that require high levels of purity. Pharmaceutical grade sodium carbonate is manufactured using batch process to obtain high purity. Extreme caution is essential during the manufacturing process of pharmaceutical grade sodium carbonate coupled with low volume of production, the costs incurred in production are high as compared to regular grades of the chemical. This has resulted in increased pricing of pharmaceutical grade sodium carbonate which has a negative impact on the growth of the global market.

Segmental Highlights from the Report

The global market for pharmaceutical grade sodium carbonate is categorised on the basis of applications of pharmaceutical sodium carbonate and its grade. Its market scenario across various regions in the globe is also covered.

With respect to region, North America, Western Europe and Asia Pacific excluding Japan (APEJ) are highly lucrative regions. The pharmaceutical grade sodium carbonate market in APEJ is projected to expand at the highest rate in the coming years owing to increasing demand and use of pharmaceutical grade sodium carbonate across various applications in this region.

In the grade category, the coarse segment is the largest with a high market valuation. The use of coarse pharmaceutical grade sodium carbonate is high as compared to the fine grade. Coarse grade, also known as technical grade, contains higher amount of sulphur. Several companies provide coarse grade at a much lesser price as compared to fine grade as coarse grade sodium carbonate needs less purification and is easy to manufacture.

By application, the use of pharmaceutical grade sodium carbonate is largely observed in API segment as pharmaceutical grade sodium carbonate is widely used as an API in various pharmaceutical companies for drug enhancement. It is also used as a pharma excipient.

Key Segments of Pharmaceutical Grade Sodium Carbonate Industry Survey

Pharmaceutical Grade Sodium Carbonate Market by Grade:

  • Fine Pharmaceutical Grade Sodium Carbonate
  • Coarse Pharmaceutical Grade Sodium Carbonate

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Pharmaceutical Grade Sodium Carbonate Market by Application:

  • Pharmaceutical Grade Sodium Carbonate for API
  • Pharmaceutical Grade Sodium Carbonate for Pharma Excipients
  • Pharmaceutical Grade Sodium Carbonate for Personal Care
  • Others

Pharmaceutical Grade Sodium Carbonate Market by Region:

  • North America Pharmaceutical Grade Sodium Carbonate Market
  • Latin America Pharmaceutical Grade Sodium Carbonate Market
  • Europe Pharmaceutical Grade Sodium Carbonate Market
  • East Asia Pharmaceutical Grade Sodium Carbonate Market
  • South Asia & Pacific Pharmaceutical Grade Sodium Carbonate Market
  • Middle East & Africa (MEA) Pharmaceutical Grade Sodium Carbonate Market

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Ferric Sulphate and Polyferric Sulphate Market projected to reach a value of US$ 526.7 Mn By the end of the forecast period 2032

The demand for Polyferric Sulphate and Ferric Sulphate is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights. The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022–2027’presents the complete market scenario of these iron based coagulants. This comprehensive research study further highlights major factors impacting the growth of the ferric and polyferric sulphate market worldwide and also the most lucrative regional market.

According to the key outcomes of this research on the ferric and polyferric sulphate market, the high rate of global industrialisation is resulting in an increase in water contamination. With the increasing awareness in developing countries about water conservation and reuse, governments in these economies are enforcing stringent regulations for proper treatment of sludge. As a result, it has been made mandatory for industries to treat sludge before disposal. Ferric and polyferric sulphate works as a major water treatment chemical and growth in demand is expected to spur in the near future.

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Municipal and Domestic to be Dominating End Use Sector

The Municipal & Domestic sector is expected to represent a market attractiveness rating of 5.0 and be a relatively attractive market segment during the forecast period. This segment is expected to account for over 25% market share both in terms of value and volume during the forecast period. This is a result of increasing efforts towards water conservation activities by industry bodies, municipal corporations and environmental associations. Various regulations have been formed by environmental agencies and government authorities, which aim to achieve water conservation and reduce water pollution.

Sludge treatment is an integral part of such activities. During the forecast period, new water and sludge treatment facilities are expected to come up across the globe, which is anticipated to drive the consumption of sludge treatment chemicals across respective regions. With such trends prevailing in the world, the municipal and domestic sector is expected to reach a market value of over US$ 140 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

APEJ and Latin America to Closely Compete in Terms of Growth Rate

Due to the expansion of key players and the presence of a large number of companies in the Chinese market, APEJ is expected to be the most attractive regional market for ferric and polyferric sulphate during the forecast period. APEJ is expected to witness the largest market size of over US$ 160 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period. Other than APEJ, Latin America and Eastern Europe are also expected to be lucrative regions with Latin America CAGR by Value 4.5%. This growth can be attributed to the rising demand for clean water in Brazil, Mexico and other parts of Latin America.

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Competitive Landscape

Some of the key players mentioned in the report are Pencco, Inc.,  Altivia Chemicals, LLC, Kemira Oyj, Chemifloc Limited, Hunan Yide Chemical Co.,Ltd., Lubon Industry Co.,Ltd., Chemtrade Logistics Inc.,, Clinty Chemicals, Henan Aierfuke Co. Ltd., BAUMINAS Group, Airedale Chemical etc.

Ferric sulphate and polyferric sulphateMarket by Category

By Product Type:

  • Ferric Sulphate
  • Poly Ferric Sulphate

By End Use:

  • Municipal & Domestic
  • Power Generation
  • Oil & Gas
  • Chemicals
  • Mineral & Metallurgy
  • Food & Beverages
  • Pulp & Paper
  • Others

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By Region:

  • North America
  • Latin America
  • Estern Europe
  • Western Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Transportation Composites Market | Current and Future Demand, Analysis, Growth and Forecast By 2030, Report

Transportation composites’ compatibility with the broader objectives of the automotive industry, notably sustainability and weight reduction, will drive sustained adoption, according to a new report by Future Market Insights (FMI).

The report offers a 10-year outlook on the transportation composites market, offering analysis across key segments in 20+ countries.

According to the study, consistent innovation and research into technologies that help meet legislated emission targets are becoming the elixir for manufacturers of transportation composites. Moreover, as customers are become more environmentally conscious, reuse and recycling is gaining traction – a development that augurs well for transportation composite manufacturers.

In a bid to fulfil emissions targets and improve the sustainability of future automobiles, mass reduction of automobiles (lightweighting) is increasingly emerging as major challenge for automotive manufacturers.

Lightweight vehicles help achieve improved fuel efficiency as well as offer better braking, acceleration, and handling.

As these trends propelling the current surge will sustain, transportation composite manufacturers are focusing on distinctive capabilities and continue to explore opportunities to better serve customers and make material progress.

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Transportation Composites Market Size Study

  • Demand for lightweight components to drive market growth
  • Glass fiber transportation composites remain preferable owing to their superior properties such as high strength and durability
  • Thermosetting composites stay in-demand through 2030, given their umpteen strength that makes them ideal for high-temperature conditions
  • Market players continue to reap substantial gains from Asia Pacific (APAC) over the following decade

“Over 100 models in automotive industry currently leverage carbon fiber reinforced plastic (CRFP) for OEM components. The OEMs are banking on transportation composites to curb vehicle emissions, decrease vehicle weight, and thus, enhance fuel efficacy,” says analyst at FMI.

COVID-19 Impact on Transportation Composites Market

The transportation composites market is heavily dependent on the automotive production and sales across the world. Sudden shutdowns of manufacturing units in China and its ripple effect, resulting in large-scale havoc among global automotive manufacturers, have been felt subsequently in the US, Europe, South America, and India. Moreover, majority of prominent global automakers import 30-60% of their components from China such as sub-assemblies, and modules.

As several automotive OEMs and distributors have offshored their production activities to low-cost regions, they are currently scrambling to set up shorter or localized regional supply chains.

Moving ahead, nationwide lockdowns in worst-affected countries have impacted the transportation composites market at multiple fronts including, financially drained SMEs, disturbed supply chains, and dampened sales in Q1 of 2020. Moreover, the effects have spilled over into Q2, with incomplete order deliveries due to ongoing production downturns.

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Transportation Composites Market – Competitive Intelligence

The global transportation composites market is moderately fragmented, with presence of leading players exhibiting expertise in advanced manufacturing techniques. In a bid to sustain their revenue pool in the global marketplace over long run, market players are focusing on conspicuous investments in innovation and diversification.

  • Toray Industries develops carbon fiber transportation composites derived from polyacrylonitrile (PAN). These composites, in various forms, are used in automotive and several other use cases
  • Solvay S.A. produces an entire range of thermoplastic transportation composites – Evolite™ – for demanding applications. These products contain polyphthalamide (PPA) and polyphenylene sulfide (PPS)

Key Segment

Material Type

  • Glass Fiber
  • Natural Fiber
  • Carbon Fiber Composite
  • Aramid Fiber

Resin

  • Thermoset
  • Thermoplastic

Application

  • Interior
  • Exterior
  • Underbody
  • Chassis
  • Powertrain
  • Engine Components

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Want To Know More About Transportation Composites Market?

A new market research report published by Future Market Insights (FMI) on the global transportation composites market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the transportation composites market through five different segments – material type, resin, application, vehicle type, and region. The transportation composites market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of transportation composites and product adoption across several end-use industries.

Silanes Market is projected to expand at a CAGR of 4.4% during the forecast period 2020-2030

Future Market Insights, an ESOMAR certified market research firm, opines that sales of silanes are anticipated to soar with their high usage as sealants, adhesives and protective coatings in the construction sector.

The market is also gaining traction with the use of silanes as process additives in the manufacture of PU foam for well insulated and energy efficient buildings. Sustained demand from the medical sector is also likely to drive growth through 2030, according to the latest study.

Scoring high on the performance index, silanes have proven ideal for a range of medical applications. Silanes are increasingly being used in dental care, drug and transfusion delivery systems, prosthetics, cooling caps, breathing tubes and hearing aids. As key biomaterials, silanes are used in many pharmaceutical products as actives and excipients.

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“The current pandemic has led to high manifestation of silanes in the healthcare and pharmaceutical sector with pronounced usage in pacemakers and tubing applications. Demand growth in this sector is slated to be high in the near term”

Key Takeaways of Silanes Market Study

  • High growth of silanes is sustained in Asia Pacific which is slated to be a regional behemoth in the chemicals sector
  • Organo-functional silanes are set to capture substantial chunk of market value and have shown benefits in water scavenging, cross linking and adhesion promoting
  • The electronics sector is additionally set to offer lucrative market opportunities for silanes in electronics industry such as semi-conductor components, integrated circuits, computers, power electronics, LEDs and automotive electronics
  • The high utilization of silanes in green tires is set to improve automobile fuel efficiency by at least 4%-5%

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R&D a Key Focus Area for Silanes Manufacturers

The competition landscape of silanes is characterized by a network of market behemoths who are continuously scaling up through innovative product launches. Many of the players are focusing on the diverse applications of silanes for a more balanced portfolio. For instance:

  • Silanes have found their way in a number of adhesive innovations. For instance 3M announced a new product for their commercial vehicles. CV90F belongs to the commercial vehicle tape family providing strength with a multi-purpose adhesive. This adhesive used in vehicle tapes keeps the surface smooth
  • Sikagard SN-40, a product by SIKA USA is a water-repelling silane sealer. It is specially formulated to provide a tough barrier against water entry in concrete

Market Set for Strong Recovery Post Pandemic

The COVID-19 crisis has led to subdued demand for silanes in the near term. The institution of social distancing and regional lockdowns has crippled supply chains thus affecting demand and supply of silanes.

Raw material shortages are also impacting the manufacturing of silanes. On this premise, the market will contract substantially in 2020-2021. However, the market is slated for a quick recovery and will witness 1.5X growth in consumption over the forecast period.

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Find More Valuable Insights on Silanes Market:

FMI in its new market research study, offers an unbiased analysis of the hydrogen electrolyzer market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global silanes market through four different categories – product type, capacity, outer pressure, end user and region. The global silanes market study provides information of pricing by different application analysis, product life cycle, capacity assessment, key market trends and technologies which are being implemented in the deployment of silanes and product adoption in varied end use industries.