Tint Glass Market to Reflect 6.6% CAGR on the Back of Smart Glass Innovations: FMI Study

The growth of the global market for tint glass has dipped significantly in 2020, owing to the impact of the coronavirus pandemic. Restrictions on construction activity and automobile production, in addition to changes in consumer behavior, with increased purchases of essential has hampered the short-term scope of growth for the tinted glass market.

As per Future Market Insight’s, tint glass market research, global revenues are expected to reflect 6.6% CAGR for the assessment period between 2020 and 2030. According to its latest report the market is likely to gain impetus from the incorporation of smart glass technologies and major investments into the commercial real estate sector.

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The tint glass sector is expected to display healthy growth throughout the assessment period, with the adoption of smart glass and laminate tech, and the widespread use of glass for aesthetics in construction.

On the other hand, volatility of raw material supplies and prices, and strict laws against the use of tinted glass, especially on automobiles could potentially hinder market growth in the long term.

The report published by FMI encompasses an exhaustive overview of the market, covering essential dynamics of the tinted glass industry. Some key takeaways include:

  • The tinted glass market size was valued at over 18.5 billion in 2019, with growth diminishing substantially during the coronavirus pandemic, owing to lockdown restrictions on the global automotive and construction sectors.
  • Building and construction industry applications of tint glass are major contributors to market revenues, supported by demand for glass facades in commercial construction, in addition to favourable government regulations on energy efficient construction technologies.
  • Tint glass products with 6mm thickness is reflecting substantially higher tinted glass market share in comparison to 3mm, 4mm, and 5mm, 8 mm 10mm, and 12mm options. However, 8- and 10mm products are also expected to display a sharp rise through 2030.
  • East Asia will remain a prominent market for tint glass, with lucrative opportunities arising from the major automotive production facilities in the region. Also, the establishment of tint glass production facilities by international players, to leverage low labour costs will benefit the market.

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“Tech innovations, including sustainable alternatives such as bio-based tint films, in addition to higher purchasing power is aiding market growth. Also, rising consumer awareness about the benefits of tinting films in automobiles will boost tint glass consumption for the foreseeable future,” stated a lead analyst at FMI.

Covid-19 Effect on Tint Glass Market

The rapid spread of the coronavirus pandemic coupled with the resultant lockdown regulations imposed by governments has had a largely adverse impact on the tint glass market. Consumers are more inclined to focus their disposable incomes towards essential commodities, reducing short term demand.

Further, the lockdown restrictions on the manufacturing, automotive and construction sectors have had a significant impact on vehicle production and building activities further limiting demand. The tinted glass industry also continues to face challenges from the tariff wars between the US and China, which compounds the effects of the pandemic.

However, the market is likely to display a steady recovery towards 2021, as restrictions by governments are relaxed with the objective of limiting the strain on national and global economies gains importance.

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Who is Winning?

In a new report, Future Market Insights has provided detailed analysis of the varied business strategies being used by participants in the tint glass market. Leading players are largely focused on investing their resources towards strategic collaborations and product launches to consolidate position in a fairly fragmented landscape and to expand their portfolios.

Some of the more important players in the tint glass market include AGC Inc., Saint Gobain, Vitro, Guardian Glass LLC, Xinyi Glass Holding Ltd., Kinestral Technologies Inc., and Qingdao Vatti Glass Co. Ltd., among others.

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Excessive daytime sleepiness Market Revenue Growth Predicted by 2030

Excessive daytime sleepiness Market Overview

Surging Cases of Excessive daytime sleepiness, Advancing Healthcare and Research to rocket the Excessive daytime sleepiness Market.

Excessive daytime sleepiness or Hypersomnia is a sleep disorder of persistent sleep during daytime. Excessive daytime sleepiness is caused by sleep deprivations due to obstructive sleep apnea (OSA), Narcolepsy and other sleep altering/depriving habits, medical or psychiatric conditions.

Narcolepsy is a neurological condition of long term reduced regulation of the sleep-wake cycle and OSA is caused by airway blockages. According to the National Sleep Foundation, 40% of the global population is coping with Excessive Daytime Sleepiness.

Excessive daytime sleepiness is diagnosed with daytime excessive sleepiness, low energy, and frustration. Therapeutic Drugs includes stimulants, anti-depressants, Amphetamine salts and Sodium oxybate.

Devices such as continuous positive airway pressure (CPAP) machine are used for Excessive daytime sleepiness therapies and Nocturnal polysomnography, polysomnography and other devices are used for Excessive daytime sleepiness diagnostics.

Coronavirus and lockdown has propelled the global excessive daytime sleepiness market by the economic crisis, work-from-home stress and disrupted circadian cycle has surged the excessive daytime sleepiness market. The devices for OSA, including CPAP, BiPAP devices and special ventilators were deliberated with massive production to meet the unprecedented demands of increasing Coronavirus patients.

The overall global market of Excessive daytime sleepiness market is growing at lucrative rate.

Excessive daytime sleepiness Market: Drivers and Restraints

The drivers of global excessive daytime sleepiness market include increase of population, awareness, healthcare expenditure diverse drug array and Government reimbursement policies. The advancing R&D and technology of manufacturers and academics rocket the excessive daytime sleepiness market by developing novel therapeutics and unraveling the pathogenesis.

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Several targeted drugs and devices for Excessive daytime sleepiness diagnosis and therapies are in pipelines and clinical trials to hit the market. However, the global excessive daytime sleepiness market is constrained by stringent drug regulations of the government, lack of acceptance of OSA masks and wearable because of their discomfort and higher cost.

Although the advancing technologies are propelling the global excessive daytime sleepiness market and open the vast horizon of opportunities of future growth, coupled with the emerging telemedicine technology and mobile health with improved convenience of treatment with the facility of video visiting sleep doctors.

Excessive daytime sleepiness Market: Overview

The global Excessive daytime sleepiness market is expected a growth revamp driven by the increasing Excessive daytime sleepiness disorders, therapy demands and the advancing R&D. By Diseases, OSA dominates the market of excessive daytime sleepiness market with its giant market of devices and drugs.

The segment of Narcolepsy is expanding at a faster pace. By treatment, devices for excessive daytime sleepiness market rules the segment with its diverse and massive market of masks, wearable sleep trackers, cushions, Positive Airway Pressure Devices, CPAPs and others.

The segment of Therapeutic drugs is growing at a faster pace of sodium oxybate market. By Distribution channels, Hospitals and sleep centers occupy the largest segment of excessive daytime sleepiness market, propelled by the advanced diagnostics, precision therapies and government reimbursements.

The Home Care Settings segment is growing at a faster rate with affordability and comfort.

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Excessive daytime sleepiness Market: Key Players

The key players of global excessive daytime sleepiness market include

  • Teva Pharmaceutical Industries Ltd.
  • GE Healthcare
  • Jazz Pharmaceuticals
  • Compumedics
  • Fisher & Paykel Healthcare
  • BIOPROJET
  • BMC Medical Co. Ltd.
  • Avadel Pharmaceuticals plc
  • Cadwell Laboratories Inc. Ltd
  • GlaxoSmithKline plc
  • Braebon Medical Corporation
  • Pfizer
  • Becton Dickinson
  • Theranexus
  • LivaNova PLC and Merck & Co.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Report Highlights:

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

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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,
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MARKET ACCESS DMCC Initiative
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Crotonaldehyde Market Revenues to Grow at 4.2% CAGR to Reach US$ 535 Mn by 2030: Study

Future Market Insights (FMI) projects that the global crotonaldehyde market will grow in value at a CAGR of 4.2% between 2020 and 2030. As consumers seek ready-to-eat and packaged food products owing to hectic lifestyles across the world, the requirement for preservatives such as sorbic acid is poised to remain high, subsequently driving the demand for crotonaldehyde. Crotonaldehyde is gaining prominence in the leather tanning and rubber processing applications, which are expected to channel a significant portion of revenue to the market.

In the recent past, the demand for food additives such as preservatives and antimicrobial agents has witnessed a significant upsurge, owing to increased consumption of packaged food products. On a broader scale, the global food industry is under tremendous pressure to cater to the increasing demand for food, due to the growth of the population, and is employing various techniques to achieve the same.

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Key Takeaways

  • The global crotonaldehyde market is poised to surpass a valuation of US$ 535 Mn by 2030
  • By application, the chemical intermediate segment is poised to hold the lion’s share in the market value, accounting for over 2/3rds of market share.
  • Based on end-use, the rubber processing segment is forecasted to channel the majority of revenue, representing a share of over 45% in global value.
  • East Asia will retain dominance over the regional landscape, accounting for a share of little less than 40% of market value backed by the presence of flourishing chemical industry and easy availability of raw materials.
  • North America & Europe will collectively account for more than 40% of the market share owing to the presence of major market players.

“Market players are focusing on improving the product mix and are providing customized & tailored products to meet the customer-specific requirements,” remarks FMI analyst.

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COVID-19 Impact

The market is expected to witness the negative effects of COVID-19 pandemic. The outbreak of COVID-19 has brought the overall chemical sector to a curt halt and the crotonaldehyde market is no different. Early in 2020, several nations announced lockdowns, compelling manufacturers of non-essential goods to shut down plants and operations. As a result, the demand for crotonaldehyde in rubber processing, leather tanning, paints and coatings, and other applicants beheld a steep decline. However, the situation in East Asia, the most lucrative region, is gradually returning to normality, alleviating the long-term economic impact to an extent.

Who is Winning?

Crotonaldehyde manufacturers are focusing on widening their profit margins by customizing their existing product portfolios, while also reducing the operational costs. By the same token, acquisitions and expansion of manufacturing capabilities have also been identified as key growth strategies On these lines:

  • In April 2020, Celanese Corporation announced the acquisition of all of Nouryon’s Europe and Asia re-dispersible polymer powders business. In the year preceding it,
  • Celanese Corporation also expanded its Methanol production to 1.7 Mn Tons per annum at their plant in Pasadena, Texas, USA.

FMI’s report includes profiles of some of the most prominent names in the market including Celanese Corporation, Godavari Biorefineries Ltd., Nantong Acetic Acid Chemical Co., Ltd, Finetech Industry Limited, Central Drug House, Haihang Industry Co., Ltd and Tokyo Chemical Industry Co., Ltd amongst others.

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Petroleum Jelly Market Witnesses Rising Demand from Cosmetics & Personal Care Industry: FMI

In use for several decades, petroleum jelly has cemented its position as a crucial component in the cosmetics and pharmaceutical sectors. Owing to its healthy properties, petroleum jelly products such as vaseline, lotions, creams, hand cleaners have gained steady demand.With a continual demand for personal care products owing to high disposable incomes and rising awareness among consumers, especially millennials, the future of the market looks promising.

As petroleum jelly exists in a semi-solid form, it is thick in nature. As a result, human skin cannot completely absorb petroleum jelly, which enables it to act like a barrier preventing dirt formation and subsequently avoiding skin damage. Moreover, on the back of its fibrous and greasy structure, and composition of mineral oils, petroleum jelly has become an ideal raw material to produce pharmaceutical products.

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On this premise, petroleum jelly is used in the production of healing products to treat burns, cuts, and scrapes to fasten the healing process in the injured area. Likewise, it is used in the healthcare sector after laser skin resurfacing and hepatitis treatment, thus further boosting the market growth.Demand for cosmetic grade petroluem jelly and pharmaceutical grade petroluem jelly is likely to grow during the forecast period.

Furthermore, petroleum jelly acts as an excellent anti-rusting agent and water repellant and is odorless and inert. The aforementioned properties make it suitable for a wide range of applications across various industries such as leather, telecommunications, and manufacturing. Considering there is a continual need for preventing rusting of equipment, petroleum jelly is used in marine applications as well, which is anticipated to bestow lucrative revenue opportunities to market players.

Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global petroleum jelly market will grow in value at a CAGR of ~4% between 2020 and 2030. Some of the key takeaways from the report include:

  • The global petroleum jelly market is projected to surge past valuation of US$ 1939.7 Mn by the end of the forecast period.
  • On the basis of grade, USP graded-petroleum jelly is foreseen to remain the most sought-out grade owing to its high purity, which ensures healthy adoption in the skincare sector.
  • Based on end-use, the cosmetics & personal care sector is projected to drive the majority of revenue through the forecast period, ascribed to the industry’s reliance on petroleum jelly as a component in manufacturing lotions and other personal care products.
  • East Asia, led by China, is poised to maintain hegemony over the regional landscape through the forecast period, backed by the presence of a healthy pharmaceutical sector.
  • On the same path, South Asia is expected to prevail as the second most lucrative region, owing to industrial growth in emerging economies such as India and Vietnam.
  • Europe, being the world’s largest producer of cosmetics, will also remain a prominent region, and will continue to progress on a positive growth trajectory.

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“Market players, especially emerging players, are focusing on procuring high purity petroleum jelly to widen their profit margins. Similarly, players are strengthening their online presence to expand their brand visibility and ease distribution and sales” remarks FMI analyst.

COVID-19 Impact on Petroleum Jelly Market

Although it is certain the demand for petroleum jelly witnessed a downtrend during the pandemic, the growth of the market is expected to remain largely unhindered on a broader level. As a result of nationwide lockdowns, with people confined to their homes, the sales of cosmetic products plummeted, subsequently impacting the demand for petroleum jelly. However, this is expected to change as normality in workspaces starts to gradually return, necessitating cosmetics as people get back to their routine. This is expected to propel the sales of cosmetics and, in turn, petroleum jelly. Moreover, a recent study conducted in the UK found that petroleum jelly is the best lubricant for people wearing PPE as it reduces friction between skin and PPE material, thus lowering the risk of skin tears, blistering, and hives. This is expected to proliferate demand among frontline healthcare workers who have to use PPE for a prolonged time.

Who is Winning?

Key players operating in the market are directing their efforts towards mergers and acquisitions to ensure long term growth. Moreover, online marketing and branding have also been identified as a key strategy to growth. Key developments in the competitive landscape include:

  • In 2019, Godrej Consumer Products Limited acquired Canon Chemicals, a major manufacturer and distributor of personal care and home care products based in Kenya
  • In the same timeframe, Holly Frontier Corporation acquired Netherlands-based Sonneborn, a leading manufacturer and distributor of petroleum-jelly-based products.

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FMI’s report includes profiles of some of the most prominent names in the market including Sasol, ExxonMobil, International Group Inc., Petroleo Brasileiro SA, Nippon Seiro Co., Ltd, Repsol, CEPSA, Calumet Specialty Products Partners, L.P., and Polwax SA among others.

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Nasal Sampling Lines Market Insights and Forecast by 2030

Nasal Sampling Lines Market Overview

Nasal sampling lines are the specifically designed medical sampling lines for sampling, monitoring and delivery of oxygen, carbon-di-oxide and other gases through nasal route.

Nasal sampling lines are used for the treatment for chronic respiratory complications, preterm births and strokes, and can be used with bi-level ventilators and CPAP device. World Health Organization (WHO) has stated that 65 million people are affected with Chronic obstructive pulmonary disease (COPD) which is considered the third leading cause of death worldwide.

According to the Centers for Disease Control and Prevention (CDC), in the U.S. over 7.95 million people suffer through the stroke, with 1.4 million deaths reported. Coronavirus or COVID-19 has surged the burden of respiratory complications and fatalities, for which nasal sampling lines emerge as a vitally preventive and therapy option.

The global nasal sampling lines market growth is boosted by the soaring cases of respiratory infection associated with increasing air pollutions, along with the advancement of medical technology of nasal sampling lines.

Nasal sampling lines market growth is fuelled by the emergence of a recent pandemic of Coronavirus. Nasal sampling lines are recommended for Coronavirus treatment by the CDC.

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The respiratory complications and lethality of Coronavirus has pushed the market to elevate exponentially to meet the massive demands of nasal sampling lines.

Nasal Sampling Lines Market: Drivers and Restraints

The drivers of nasal sampling lines market include the surging tolls of respiratory diseases demanding for accurate and effective measurement of gases and delivery of supplement gases for treatment. The respiratory complications are amplified due to the diseases and air pollution including COPD, Coronavirus, asthma, carbon monoxide poisoning, preterm births, stroke, cystic fibrosis and pneumonia.

The compliance of nasal sampling lines is due to the minimal invasiveness, minimal skin contact, easy insertion, compact size, affordability, efficacy and safety in the delivery and monitoring of gases via the nasal tract.

The synergistic collaborations between government & healthcare groups, advanced R&D, hospitals’ reimbursement policies, elevated investments and the emerging regional and local competitors with their novel technologies backed by the advanced R&D are fuelling the market. Some popular nasal sampling lines are available in market such as Optiflow, PureFlex, Uniflo-2 and many more.

However, there are certain restraints of nasal sampling lines market that decelerates its growth spurt. They possess some side effects including constant nasal dryness and bleeding, high oxygen level and pulmonary oxygen toxicity, risk, skin irritation and headache.

The overall market of nasal sampling lines market is poised to grow further, with the exponential growth spurt by Coronavirus pandemic, along with the advancing medical research and increasing acceptance of nasal sampling lines. The developing nations will have elevated use of nasal sampling lines due to their affordability for oxygen therapy.

Nasal Sampling Lines Market: Overview

The global market of nasal sampling line market is growing lucratively with the surging respiratory complications and medical advancements.

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By types, high-flow nasal sampling lines leads the segment of nasal sampling lines type and registered fastest growth rate with their advantageous features of decreased resistance, improved gas conduction, positive airway pressure provisions, optimum humidification and adequate gas volume delivery.

By applications, chronic obstructive pulmonary disease (COPD) dominates the segment of nasal sampling lines applications due to its massive global prevalence and causalities, demanding immediate hospitalization. By distribution channels, hospitals rules the segment of nasal sampling lines applications due to their high compliance by patients for the skilled medical staff, advanced diagnostics, diverse healthcare services and high expenditure.

Nasal Sampling Lines Market: Key Players

The key players of nasal sampling lines market include

  • Medtronic
  • Besmed
  • Mindray Medical International Ltd.
  • Flexicare
  • LivaNova
  • Salter Labs
  • Masimo
  • Smiths Medical
  • Neotech Medical Pvt Ltd.
  • Sunset Healthcare Solutions
  • Hamilton Medical and Teleflex.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

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

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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Glanzmann Thrombasthenia Market Will Escalate Rapidly in the Near Future

Glanzmann Thrombasthenia Market Overview

Glanzmann Thrombasthenia is a rare genetic disorder. It is blood clotting disorder which is characterized by compromised functioning of the specialized blood cells (platelets). Platelets are crucial for proper blood clotting.

Glanzmann Thrombasthenia disorder has normal number of platelets in the blood with abnormal function of the platelets.

The symptoms of glanzmann thrombasthenia include profuse bleeding, especially after any surgical procedure, susceptibility of easy bruising, intermittent gastrointestinal bleeding, bleeding from gums, nose bleeding and purple or red visibly large patches on the skin caused by internal bleeding under the skin.

Women suffering from glanzmann thrombasthenia may suffer from excessive menstrual bleeding, disproportionate bleeding during childbirth, irregular uterine bleeding. The symptoms of glanzmann thrombasthenia vary greatly from mild bruising to severe haemorrhages making it even life-threatening.

The severity of COVID-19 affecting different population lies in the different genetic build-up of these populations. Scientists all over the world are trying to understand this correlation.

Since, it is a novel virus and not much information is available to the scientific community, it is quite unknown how it can affect the people suffering from rare genetic diseases like glanzmann thrombasthenia.

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Glanzmann Thrombasthenia Market: Drivers and Restraints

The major push factors for the global market of glanzmann thrombasthenia treatment are increasing healthcare expenditure by the various governments worldwide coupled with growing awareness in the general public about rare genetic blood clotting disorders.

Another factor could be there is increased number of diagnosed population worldwide suffering from some or the other blood clotting disorder.

The increasing sophistication of healthcare network around the globe in terms of new collaborations between governments of various countries, research institutes and academia will generate a new momentum for the global market of glanzmann thrombasthenia treatment.

However, there are some pull factors also which would act as roadblocks in the development of glanzmann thrombasthenia market. First among them could be high cost of treatment required for rare genetic diseases in general and blood clotting disorders in particular.

Lack of adequate healthcare infrastructure and facilities for early diagnosis and treatment is the other factor which could hamper the growth of global market of glanzmann thrombasthenia treatment.

Lastly, often the diagnosis of glanzmann thrombasthenia go unnoticed, resulting in no treatment, further hindering the market.

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Glanzmann Thrombasthenia Market: Overview

Based on drug class, the recombinant activated factor VII segment in the global glanzmann thrombasthenia market seems to register promising growth based on the fact that the treatment is successful in stopping bleeding in almost 90% of the cases of glanzmann thrombasthenia.

Based on the distribution channel, hospital pharmacies segment in the global glanzmann thrombasthenia market is estimated to grow fastest owing to the treatment of rare genetic disease under the guidance of professional medical expert.

Glanzmann Thrombasthenia Treatment Market: Key Players

The key players functioning the global market for glanzmann thrombasthenia are

  • Novo Nordisk
  • Alnylam Pharmaceuticals
  • Shire (Takeda)
  • Biogen
  • Bioverativ (Sanofi)
  • Bayer
  • CSL Behring
  • Grifols
  • Bristol-Myers Squibb and Pfizer.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-12578

The report covers exhaust analysis on:

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

Report Highlights:

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

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

Contact Us:
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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Wood Plastic Composite (WPC) Floorings Market to surge past valuation of US$ 3,643 Mn by the end of 2030

Over the years, the demand for wood-plastic composites (WPC) has significantly increased on the back of the high need for environment-friendly and low-cost raw materials in the residential sector. Likewise, increased spending on infrastructural developments in both the residential and commercial sectors is expected to give a major boost to the market during the forecast period. There are several benefits associated with WPC floorings, such as low melting temperature and high stiffness as compared to conventional wood alternatives, which give it an edge in the flooring applications over other materials.

Furthermore, WPC floorings are visually appealing and are relatively easier to install and maintain as compared to conventional flooring types. Moreover, their resistance to humidity has also been crucial in cementing it as a fitting substitute for wood floorings or laminates. As WPC floorings are derived from waste materials from the wood industry and recycled plastics, they are considered sustainable and eco-friendly, gaining traction among consumers with high awareness.

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On these lines, backed by its low cost, WPC floorings are gradually replacing other floorings such as traditional wood floorings and luxury vinyl tiles (LVT) flooring. Besides, WPC floorings are easily shaped using conventional tools, minimizing the need for novel equipment, and reducing production cost. On the other hand, increasing focus on research & development of products to improve their temperature resistance and strength is also expected to positively influence the growth of the market in the years to come.

Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global WPC floorings market will grow in value at a healthy CAGR of 7.0% between 2020 and 2030. Some of the key takeaways from the report include:

  • The global WPC floorings market is projected to surge past valuation of US$ 3,643 Mn by the end of 2030
  • By thickness, 5.5 mm, 6.5 mm, and 8 mm WPC floorings are poised to cumulatively account for more than a 3/4th of the overall market, with the former being the most sought flooring type
  • On the basis of the end-use sector, adoption in the commercial sector is anticipated to drive the majority of revenue, while the retail outlet segment is expected to account for 1/3rd of market value
  • Europe is forecasted to remain the largest regional market through the assessment period, accounting for a share little below one-quarter, owing to the development of the construction industry
  • East Asia and North America are poised to collectively account for over 2/5th of market value, ascribed to the growing trend of smart cities, and increasing emphasis on developing commercial infrastructure

“Market players are focusing on offering customizable products that suit consumer requirements such as color, stiffness, and thickness, among other parameters, to form a loyal consumer base, and are also directing their efforts to offer features such as biodegradability, weather compatibility, etc.” remarks FMI report.

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COVID-19 Impact on WPC Floorings Market

The outbreak of COVID-19, which swiftly metamorphosed into a pandemic of unprecedented proportions has led to the curt termination of construction activities across the world. Akin to numerous applications reliant on infrastructural development, the demand for WPC floorings has beheld a steep decline beginning in the first quarter of 2020. On these lines, lack of workforce, supply chain disruptions, and unavailability of raw materials, among other perils of the pandemic are adversely impacting the growth of the market. On a positive note, a gradual return to normalcy in East Asia beginning from the third quarter of 2020, is likely to mitigate long term consequences to an extent.

Who is Winning?

Market players are focusing on upscaling production and expanding sales facilities to cater to the growing demand and offer enhanced consumer experience. Moreover, widening the product portfolio has also been identified as a crucial growth strategy adopted by market players to strengthen their foothold. On these lines:

  • Pro-Tek, a UK-based manufacturer, offers five different types of WPC floorings with a wide range of properties, and all the designs are phthalate-free derived from 100% recyclable materials.
  • Oakia, a China-based player, specializes in manufacturing and installing outdoor flooring and decking.

FMI’s report includes profiles of some of the most prominent names in the market including Armstrong Flooring (AFI Licensing LLC), Mannington Mills, Pro Tek, Parterre Flooring, Shanghai SevenTrust Company Co., Ltd., Oakio, SPECTRA CONTRACT FLOORING, Coretec, Tecnodeck, WPC – WOODPLASTIC a. s., Leben India Private Limited, Novowood, Taizhou Huali New Materials Co., Ltd., and Nanjing Xuhua Sundi New Building Materials Co., Ltd, among others.

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Industrial Adhesives Market estimated to rise at a ~ 4.4% CAGR between 2022 and 2030

A recent market study published by FMI on the Industrial Adhesives market includes the global industry analysis of 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. Our analysts conduct thorough research on the historical as well as current growth parameters of the market to obtain growth prospects with maximum precision.

The report by Future Market Insights gives in-depth insights on the sector in terms of revenue and sales projections for the duration between 2020 and 2030. Application of adhesives as viable substitutes for flanges, panels, and other fastener settings support growth in the long-term.

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Industrial Adhesives Market: Segmentation

Product Type
  • Acrylic Adhesive
  • Epoxy Based Adhesive
  • PVA
  • Polyurethane
  • EVA
  • Others
Technology
  • UV Cure Adhesive
  • Pressure Sensitive Adhesive
  • Water-Based Adhesive
  • Solvent Based Adhesive
  • Hot Melt Adhesive
  • Others
End-Use
  • Automotive & Aerospace
  • Healthcare & Hygiene
  • Consumer Goods
  • Packaging
  • Construction
  • Electronics
  • Furniture & Metalwork
  • Glass Making
  • Footwear
  • Paper
Region
  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East and Africa

Report Chapters

Chapter 01 – Executive Summary

The report initiates with the executive summary of the Industrial Adhesives market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the Industrial Adhesives market.

Chapter 02 – Market Overview

In this chapter, readers can find the definition and a detailed taxonomy of the Industrial Adhesives market, which will help them understand the basic information about the Industrial Adhesives market. Along with this, comprehensive information about Industrial Adhesives is provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the Industrial Adhesives market report.

Chapter 03 – Key Market Trends

This chapter gives insights into key market trends on both supply and demand side of the market.

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Chapter 04 – Key Success Factors

This section includes key successful factors and strategies adopted by key market participants

Chapter 05 – Global Industrial Adhesives Market Demand Analysis 2015 – 2019 and Forecast, 2020 – 2030

This section explains the global market value analysis and forecast for the Industrial Adhesives market for the forecast period of 2020-2030 in terms of volume. This chapter includes a detailed analysis of the historical Industrial Adhesives market, along with projections for forecast period.

Chapter 06 – Pricing Analysis

This section details the pricing analysis of the Industrial Adhesives market by region and by product type.

Chapter 07 – Global Industrial Adhesives Market Demand (in US$ Mn) Analysis 2015 – 2019 and Forecast, 2020 – 2030

This section explains the global market value analysis and forecast for the Industrial Adhesives market for the forecast period of 2020-2030. This chapter includes a detailed analysis of the historical Industrial Adhesives market, along with an opportunity analysis for the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2020–2030).

Chapter 08 – Market Background

This chapter explains key macroeconomic factors that are expected to influence the growth of the Industrial Adhesives market over the forecast period. Along with the macroeconomic factors, this section also highlights supply chain, forecast factors, and value chain analysis for the Industrial Adhesives market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.

Chapter 09 – Global Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030 by Product Type

This chapter provides details about the Industrial Adhesives market on the basis of Product Type and has been classified into acrylic, epoxy based, PVA, polyurethane, EVA and others. In this chapter, readers can understand the market attractiveness analysis based on Product Type.

Chapter 10 – Global Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030 by Technology

This chapter provides details about the Industrial Adhesives market on the basis of technology and has been classified into UV Cure Adhesive, Pressure Sensitive Adhesive, Water-Based Adhesive, Solvent Based Adhesive, Hot Melt Adhesive and others. In this chapter, readers can understand the market attractiveness analysis based as well.

Chapter 11 – Global Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030 by End Use

This chapter provides details about the Industrial Adhesives market based on end use and has been classified into automotive & aerospace, healthcare & hygiene, consumer goods , packaging, construction, electronics, furniture & metalwork, glass making, footwear, and paper.

Chapter 12 – Global Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030 by Region

This chapter explains how the Industrial Adhesives market will grow across various geographic regions such as North America, Latin America, Europe, South Asia & Pacific, East Asia and the Middle East & Africa (MEA).

Chapter 13 – North America Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

This chapter includes a detailed analysis of the growth of the North America Industrial Adhesives market, along with a country-wise assessment that includes the U.S., and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on material and countries in Americas.

Chapter 14 – Latin America Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

Important growth prospects of the Industrial Adhesives market based on its end users in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.

Chapter 15 – Europe Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

Important growth prospects of the Industrial Adhesives market based on its end users in several countries such as Germany, France, the U.K., Spain, Russia, Italy, and the Rest of Europe are included in this chapter.

Chapter 16 – South Asia & Pacific Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

This chapter highlights the growth of the Industrial Adhesives market in Asia Pacific by focusing on India, ASEAN, Oceania and the Rest of South Asia. This section also helps readers understand the key factors that are responsible for the growth of the Industrial Adhesives market in South Asia & Pacific.

Chapter 17 – East Asia Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

This chapter highlights the growth of the Industrial Adhesives market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the Industrial Adhesives Market in East Asia.

Chapter 18 – MEA Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

This chapter provides information about how the Industrial Adhesives market will grow in major countries in the MEA region such as GCC, KSA, Turkey, South Africa, and Rest of MEA, during the forecast period of 2020-2030.

Chapter 19 – Key & Emerging Countries Industrial Adhesives Market Analysis 2015-2019 & Opportunity Assessment 2020-2030

This chapter provides information about how the Industrial Adhesives market will grow in key emerging countries in the global market, during the forecast period of 2020-2030.

Chapter 20 – Market Structure Analysis

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the Industrial Adhesives market, along with their market presence analysis by region and product portfolio.

Chapter 21 – Competition Analysis

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the Industrial Adhesives market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are K K+S Henkel GmbH & Co. KGaA, Sika AG, H.B. Fuller, Arkema S.A, Wacker Chemie AG, Avery Dennison Corp., RPM International Inc., and Huntsman Corporation.

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Chapter 22 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the Industrial Adhesives market report.

Chapter 23 – Research Methodology

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the Industrial Adhesives market.

Sources and Primary Research Splits (%)

Industry Interactions Key Designations

  • C – Level Executives
  • Marketing Directors
  • Product Managers
  • Engineers
  • Business Development Officers
  • Production Managers
  • Procurement Heads
  • Sales Executives

Stakeholder Category

  • Distributors
  • Traders
  • Raw Material Suppliers
  • Industry Experts
  • End Users

Key Questions

  • Current market dynamics and challenges
  • Yesteryear trends
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions
References Catalogue
  • Industry Publications
  • Industry Associations
    • Adhesives & Sealants Organization
    • IMF
    • World Bank
    • The Adhesive and Sealant Council, Inc.
    • Adhesives.org
    • Europe.eu
    • European Adhesives Journal
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites
  • Government Websites and Publications
  • Trade Websites

 

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Microencapsulation Market Showcase an Impressive CAGR of at 8.2% CAGR between 2022 – 2032

The global microencapsulation market is estimated to be valued at USD 6.5 billion in 2022 and is projected to reach USD 10.3 billion by 2032, at a CAGR of 8.2% from 2022 to 2032.

The food microencapsulation market is likely to benefit from strategic partnerships forged between industry partners and technology users. With companies looking at investing in research and development to boost efficiency, the future of the food microencapsulation market seems very promising.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

However, a coronavirus outbreak might impact the growth of the market. The report covers chief growth drivers and key restraints influencing the market’s overall trajectory. It has been compiled with the intent of examining investment feasibility in the market across various regions and segments.

It includes in-depth insights into the food microencapsulation market. Some of these are:

  • The estimated value of the market was at the food microencapsulation market stood at a value of US$ 5.3 Bn in 2019. Through the course of the report’s forecast period, the market is likely to exhibit to a steady pace of growth.
  • However, supply chain disruptions and decelerated demand due to coronavirus outbreaks may negatively impact growth.
  • Regionally, North America has emerged as a key market for dominance in the global food microencapsulation market.
  • The Asia Pacific is anticipated to increase the usage of exhibit increasing use of microencapsulated products. The rising awareness due to the growing awareness about health and welfare among individuals in its developing nations of India, China, and Japan will boost the update of the microencapsulation process in the regions.
  • Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets. Key players operating in the market are expected to focus on strategic collaborations to expand their geographic footprint.

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“Food and beverages and pharmaceutical industries are among key end users of microencapsulation process. Manufacturers in the food and beverages sector are focusing on ensuring better nutritional value in their products, which will in turn create growth prospects for the market,” said a lead analyst at FMI. 

COVID-19 to Hamper the Growth of the Food Microencapsulation Market

Previously deemed resistant to economic instability, increasing unemployment, declining competition, and supply chain disruptions have affected industries. Moreover, lockdowns following aggressive social distancing by governments, to mitigate the spread of COVID-19 globally, are likely to hamper the near-term revenue growth of the paper cups industry.

Supply chain disruptions caused due to extended periods of lockdown have in turn stirred unrest among suppliers as well as end-users. The true measure of potential recovery can be determined only after economies resume their normal course of operations. Furthermore, travel bans and restrictions imposed by governments around the world are hampering the market growth.

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Who is Winning?

Key players operating in the global food microencapsulation market are BASF, Royal Friesl and Campina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Sensient Technologies, Lycored Corp., Balchem Corporation, Encapsys, Arcade Beauty, and Koehler Innovative Solutions, and among others. In order to enhance their market position in the global food microencapsulation market,  key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.

Get Valuable Insights into Food Microencapsulation Market

Future Market Insights, in its new report, presents an unbiased analysis of the global food microencapsulation market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights into growth witnessed in the market.

By Application:

  • Pharmaceutical & healthcare products
  • Food & beverages
  • Household & personal care products
  • Agrochemicals
  • Construction material
  • Textiles
  • Other applications (construction chemicals, inks, energy molecules)

By Technology:

  • Spray technology
  • Dripping technology
  • Emulsion technology
  • Other technologies (coating, physico-chemical, and chemical technologies.)

By Core material:

  • Agricultural inputs
  • Food additives
  • Pharmaceutical & healthcare drugs
  • Fragrances
  • Phase change material
  • Other core material (defense, and paper & printing.)

By Shell material:

  • Polymers
  • Gums & Resins
  • Lipids
  • Carbohydrates
  • Proteins

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

 

Catheter-Associated Urinary Tract Infections Treatment Market Focusing on Current Trends, Leading with Top Key Players

Catheter-Associated Urinary Tract Infections Treatment Market Overview

Catheter-associated urinary tract infections, abbreviated as CAUTIs, are the common hospital acquired infections. The infection can be associated with any part of the urinary system. If catheter-associated urinary tract infections treatment is delayed, then the infection may get severe and involve kidney infection.

The associated complications could be catheter encrustation, pyelonephritis, bladder stones, endotoxic shock and septicaemia. CAUTIs can be triggered both by bacterial and yeasts.

All the types of catheter whether made up of silicone, latex or any other polymer are prone to infections.

Catheter-associated urinary tract infections treatment market has been affected by COVID-19 pandemic in terms of delay of projects in various countries. The supply chain constraints, jammed logistics due to lockdowns and other regulatory restrictions have impacted the global catheter-associated urinary tract infections treatment market.

General shift in priority of attention from catheter-associated urinary tract infections treatment to COVID-19 has also been observed.

Catheter-Associated Urinary Tract Infections Treatment Market: Drivers and Restraints

Increasing number of hospitalization for chronic diseases is generally associated with catheterization which will be an important driver for the global catheter-associated urinary tract infections treatment market.

Growing geriatric population worldwide who have a weak immune system hence are more susceptible to urinary tract infections will increase the target customers base for the use of catheter can also be attributed to the growing global catheter-associated urinary tract infections treatment market.

Lack of sanitary amenities in the healthcare facilities in the developing countries can lead to increase in the infections resulting further driving up the global catheter-associated urinary tract infections treatment market.

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Majority of people who contact infection present with fever alone which could delay the catheter-associated urinary tract infections treatment and hence hamper the growth of the global catheter-associated urinary tract infections treatment market.

Catheter-Associated Urinary Tract Infections Treatment Market: Overview 

The global catheter-associated urinary tract infections treatment market is expected to witness a robust growth as out of all the urinary tract infections CAUTIs constitute around 80% and urinary tract infections are among the most commonly acquired infections from the hospitals.

Based on indication type Cystitis segment can be pitched to witness major growth in the global catheter-associated urinary tract infections treatment market as cystitis is the most common type of urinary tract infection.

Based on the distribution channel type the hospital pharmacies can be expected to register fastest growth in the global catheter-associated urinary tract infections treatment market because often CAUTIs will be treated in the hospital when the patient is hospitalized.

Catheter-Associated Urinary Tract Infections Treatment Market: Region-wise Outlook 

North America can be estimated to be the major market in the global catheter-associated urinary tract infections treatment market for as there are reports stating that around 13 million populations in the USA is suffering from urinary incontinence per year.

Growing geriatric population in the Europe coupled with almost 20% suffering from urinary tract infection can be the reason for growth of the global catheter-associated urinary tract infections treatment market in this region.

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The increasing incidence of urinary tract infections in the developing countries can be estimated to lead the growth of the global catheter-associated urinary tract infections treatment market in the South Asia East Asia and Africa.

Catheter-Associated Urinary Tract Infections Treatment Market: Key Players 

The key players operating in the global catheter-associated urinary tract infections treatment market are

  • GlaxoSmithKline
  • Pfizer
  • Cipla
  • Bayer
  • Johnson & Johnson
  • Roche
  • Novartis
  • Boehringer Ingelheim
  • AstraZeneca
  • Shionogi

The research report presents a comprehensive assessment of the market and contains thoughtful insights facts historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies application and industry.

The report covers exhaust analysis on:

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

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Report Highlights:

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

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

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