Global Field Service Management Market to be Worth USD 12.2 Billion by 2033: Future Market Insights, Inc.

The field service management market is on an impressive growth trajectory, with experts projecting a robust CAGR of 11.4% throughout the forecast period. This means that the industry is poised for significant expansion in the coming years. By 2033, it’s anticipated that the market will surpass a noteworthy milestone, reaching a value exceeding USD 12.2 billion.

The field service management systems can integrate lots of systems into a single unit, thereby reducing the complexity of the architecture. The ability to automate tasks has helped companies achieve a higher return on investment. With technological upgradation, a lot of companies have started making use of cloud technology owing to the owing to ease of accessing data along with mobility.

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The field service management is expected to make use of cloud technology on a large scale, which is expected to certainly increase the seamlessness of operations. This might well increase the demand for field service management devices.

In the current times, lots of companies are laying strong emphasis on the democratization of data. The application of field service management ensures that the data is readily available, as a result of which the organizations function transparently.

Apart from that, owing to remote working conditions, a lot of companies have started adopting BYOD, instead of providing their laptops. This saves lots of money for the organizations. These factors are expected to massively surge the adoption of field service management systems during the forecast period.

Key Takeaways from the Field Service Management Market Report:

  • The market is expected to register a CAGR of 11.4% during the forecast period.
  • In 2023, the market size is expected to reach a valuation of US$ 4.2 billion.
  • By 2033, the valuation is expected to cross US$ 12.2 billion.
  • Based on regional analysis, North America is expected to be the dominant market.
  • The United States market is expected to register a CAGR of 11.1%.
  • The United Kingdom market is anticipated to post a CAGR of 10.7%.
  • China’s market is projected to report a CAGR of 10.4%.
  • Japan’s market is expected to record a CAGR of 9.8%.
  • South Korean market is expected to advance at a CAGR of 9.4%.
  • Based on organization size, large enterprises are expected to be the leading segment and are expected to record a CAGR of 11.1%.
  • Based on deployment, the on-premises is projected to be the dominant segment and is projected to register a CAGR of 10.8%.

Key developments in the market:

  • In February 2023, Microsoft rolled out ChatGPT-powered Teams premium.
  • In January 2023, Oracle and Red Hat expanded collaboration to bring Red Hat Enterprise Linux to Oracle cloud infrastructure.

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Leading Key Players:

  • Microsoft
  • Oracle
  • Salesforce
  • SERVICEMAX
  • SAP SE

Field Service Management Market Segmentation:

By Organization Size:

  • SMEs
  • Large Enterprises

By Vertical:

  • Telecom
  • IT and ITES
  • Healthcare and Life Sciences
  • Manufacturing
  • Construction and Real Estate
  • Transportation and Logistics
  • Energy Utilities
  • Oil and Gas
  • Others

By Deployment:

  • On-premises
  • Cloud

By Component:

  • Solutions (Schedule, Dispatch, and Route Optimization, Customer Management, Work Order Management, Inventory Management, Service Contract Management, Reporting, and Analytics)
  • Services (Integration and Implementation Services, Training and Support Services, Consulting Services)

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • The Middle East and Africa
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Vegetable Dicing Machines Market Projected to Hit USD 2,384.6 Million by 2034

Vegetable Dicing Machines Market

A recent industry report predicted vegetable dicing machines market (Markt für Gemüsewürfelmaschinen) are expected to generate US$ 1,673.6 million by 2023. The market is expected to reach US$ 2,384.6 million between 2023 and 2033, reflecting a CAGR of 3.6%.

Profits in the food production industry also depend on timely, efficient, and quality processes. Using equipment within the food production industry allows chefs to be more professional and efficient. A reliable machine for chopping vegetables will increase both the business’ efficiency and profitability.

Commercial kitchens are highly competitive, so speed and consistency are crucial. Restaurants and cafes are expected to deliver orders quickly and to the highest standard possible. Thus, vegetable dicing machines are expected to be in high demand from various food industries in the market.

The need for efficient vegetable dicing machines is also increasing due to changes in consumer lifestyles and preferences that have created a growing demand for processed and pre-cut vegetables. Automation technology and advances in the food processing industry are contributing to the development of more sophisticated vegetable dicing machines, capable of handling higher volumes, improving efficiency, and reducing labor costs.

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Key Takeaways from the Market Study

  • Vegetable dicing machines are predicted to experience a CAGR of 4.3% from 2022 to 2032.
  • According to the report, vegetable dicing machines have experienced a growth rate of 1.9% between 2018 and 2022.
  • According to 2022 market data, the United States held 27.6% of the vegetable dicing machines market.
  • In 2022, China accounted for a 6.3% CAGR, owing to its strong growth over the past few years.
  • By 2022, Japan was estimated to have a 4% share of the global market.
  • According to reports in 2022, the German vegetable dicing machine market accounted for 5.6% of the global market.
  • By 2022, the United Kingdom represented a 5.3% CAGR for vegetable dicing machine sales in the market.

“With expanding food chains restaurants and demand for on-the-go food delivery systems to propel the growth of the market. Technological advances and increased adoption of automated machines are predicted to grow the market in coming years,” says an FMI analyst.

Competitive Landscape

Partnerships and collaborations between companies that manufacture vegetable dicing machines are being formed to expand their reach and benefit from synergies. Because vegetable dicing machines are used primarily in commercial restaurants, cafes, and other establishments, players in the vegetable dicing machines market have become increasingly automated. Companies in the food and beverage industries are focusing on their product offerings.

  • In January 2023, FAM Stumabo, as the leading provider of industrial cutting technology in the vegetable and fruit industries, will participate in Fruit Logistica (Berlin, Germany). The company’s focus is on supplying customers with cutting, dicing, and slicing solutions that are needed in the food industry. Designed for customers looking for high-quality cut, flexibility, long shelf life, and speed, with minimal costs and reduced time spent on each job, FAM Centris 315 is a compact shredder.

Know More about What the vegetable dicing machines Market Report Covers

Future Market Insights offers an unbiased analysis of the global vegetable dicing machines market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the vegetable dicing machines market, the market is segmented based on product type, application and distribution channel industry type across six major regions.

Comprehensive Market Insights: Full Report Overview

About Food & Beverage at Future Market Insights

The food & beverage team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Processed Fruit and Vegetable Market Projected to Hit USD 107.5 Billion by 2034

Processed Fruit and Vegetable Market

Preserving food and vegetables using natural preservatives and additives, to extend their shelf lives, is a practice embraced by our ancestors since the beginning of time. Modern processing units, too, work on the same lines, with few adaptions here and there. The processed fruit and vegetable market (Markt für verarbeitetes Obst und Gemüse), currently valued at US$ 74,134.8 million, holds prospects of a bright future in the coming years.

The internet and eCommerce boom in emerging economies has made the general population come across a plethora of foreign fruits and vegetables from international marketplaces. This is said to take the market to a staggering US$ US$ 107,500.4 million by the year 2034. Countries like India, China, Spain, Egypt, Tunisia, etc., which are known for their high-quality fruits and vegetables, are some of the most lucrative markets.

The processed fruit and vegetable market is currently rising in the sustainability wave, with companies embracing sustainable harvesting, procuring, processing, and packaging of processed fruits and vegetables. The market is slated to develop at a CAGR of 3.80% during the forecasted period. Besides this, consumer demand to eat certain fruits throughout the year is also augmenting the market growth in the past few years.

“There are still a lot of concerns regarding the nutritional values of processed fruits and vegetables. Companies in the market must plan their marketing strategies accordingly so that they win back the trust of the general populace again”, opines an FMI analyst.

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Key Takeaways from the Market Study

  • The fruits segment dominates the processed fruit and vegetable market with a share of 52.30% in 2024.
  • Based on product, the frozen segment leads the processed fruit and vegetable industry with a share of 25.60% in 2024.
  • The processed fruit and vegetable industry in India is anticipated to progress at a CAGR of 8.60% through 2034.
  • The processed fruit and vegetable market in Germany is estimated to rise at 7.10% CAGR through 2034.
  • The processed fruit and vegetable industry in Japan has the potential to increase at 8.30% CAGR through 2034.
  • The United States processed fruit and vegetable industry is predicted to rise by 6.70% CAGR through 2034.
  • The processed fruit and vegetable market in China is very likely to progress at a CAGR of 7.90% through 2034.

Competitive Landscape

The processed fruit and vegetable market is mature with several local and international companies having a strong foothold.

  • eCommerce platforms in emerging economies have drastically changed the market dynamics.
  • Kellogg NA Co., Bühler, Welch’s, Sysco Corporation, Mott’s LLP, Krones AG, BonduelleTop of Form, etc., are some of the major players in the global processed fruits and vegetables market.
  • Companies are now directly supplying fruits and vegetables to supermarkets and food chains.

Recent Developments:

  • In November 2023, a joint venture between NADEC and Del Monte was established in Saudi Arabia. The primary aim of the joint venture was to increase the production and distribution of fresh commodities, including fruits, vegetables, and juices. NADEC secured a 37.5% stake in the new company, which specialized in various products.
  • In March 2024, AgriNurture, Inc. completed its acquisition of Freshness First Pty. Ltd., an Australian firm. The acquisition process had been initiated nearly five years prior, and ANI now has full control over the company. The deal, which was announced in October 2018, was finalized for AUS $1.00.

Key Companies

  • Kellogg NA Co.
  • Bühler
  • Welch’s
  • Sysco Corporation
  • Mott’s LLP
  • Krones AG
  • Bonduelle
  • USA Foods
  • Dole Foods
  • Jr. Simplot

In-Depth Market Analysis: A Complete Report

Key Segments Covered in the Processed Fruit and Vegetable Market

By Type:

  • Fruits
  • Vegetables

By Processing Equipment:

  • Processing
  • Pre-processing
  • Seasoning
  • Washing
  • Filling
  • Packaging

By Product:

  • Fresh
  • Canned
  • Fresh-Cut
  • Drying & Dehydration
  • Frozen

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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User Permissions and Two Factor Authentication

why optometrist should use premium diagnostics

A robust security system is based on the user’s permissions and two-factor authentication. They help reduce the risk of insider threats or accidental data breaches and help ensure regulatory compliance.

Two-factor authentication (2FA) requires a user to input credentials from two different categories to sign into an account. This could be something the user is familiar with (passwords, PIN codes and security questions) or something they’ve got (one-time verification code sent to their phone, or an authenticator application) or something they are (fingerprints face, fingerprints, or retinal scan).

2FA is often a subset of Multi-Factor Authentication, which has more than two components. MFA is a common requirement in certain industries, like healthcare (because of stringent HIPAA regulations), ecommerce, and banking. The COVID-19 virus outbreak has also raised the importance of security in organizations that require two-factor authentication.

Enterprises are living entities and their security infrastructures are constantly evolving. New access points are developed every day, users switch roles and hardware capabilities are constantly evolving. complex systems end up in the fingertips of everyday users. It is essential to periodically review your two-factor authentication method at scheduled intervals to ensure that it keeps pace with the changes. The adaptive authentication method is one way to accomplish this. It’s a kind of contextual authentication, which activates policies based on date, time and location at which the login request is received. Duo provides an administrator dashboard that allows you to easily manage and set these types of policies.

Pharma Grade Sodium Bicarbonate Market Set to Grow USD 387.7 Million by 2034, Driven by E-Commerce and Digital Transformation

According to Future Market Insights (FMI), the worldwide pharma-grade sodium bicarbonate market share is expected to reach USD 274.8 million in 2024 and USD 387.7 million by 2034. The market is projected to rise at a CAGR of 3.5% by 2034.

The global pharma-grade sodium bicarbonate market is driven by the increasing consumption of sodium bicarbonate by the pharmaceutical industry, particularly as an active pharmaceutical ingredient (API). It is widely used in treating metabolic acidosis, hemodialysis, cardiac arrest, extracorporeal blood circulation, and uncontrolled diabetes.

Growing geriatric population is set to drive demand for sodium-based medications. API is expected to become the dominant chief ingredient in drug formulations, enhancing the capabilities of various drugs. Furthermore, the application of sodium bicarbonate for hemodialysis is also expected to increase during the forecast period.

Research and development activities are focusing on new applications of pharmaceutical-grade sodium bicarbonate. A study by the University of Liverpool and the Karolinska Institute in Sweden found that giving women pharma-grade sodium bicarbonate in addition to oxytocin increased their chances of natural vaginal delivery by 17%. This research is set to drive growth and unlatch new applications for pharmaceutical-grade sodium bicarbonate.

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Key Takeaways from the Pharma Grade Sodium Bicarbonate Market Report:

  • The pharma-grade sodium bicarbonate market is expected to reach a value of US$ 387.7 million by 2034.
  • The market is projected to surge at a CAGR of 3.5% by 2034.
  • China’s pharma-grade sodium bicarbonate market is expected to grow at a CAGR of 3.9% by 2034.
  • The United States is projected to rise at a CAGR of 2% in 2034.
  • Based on grade, the coarse segment is expected to hold a market share of 78.2% in 2024.

“Government policies, such as foreign direct investments, healthcare facilities, and infrastructure development programs, are set to drive revenue growth in the global pharma-grade sodium bicarbonate market. E-commerce dominates pharma grade sodium bicarbonate market, leading companies to invest in robust strategies to grow reach and enhance customer experience.” – says a lead analyst at Future Market Insights (FMI)

Competitive Landscape

Dr. Paul Lohmann GmbH KG, GHCL Limited, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tornox Alkali Corporation, Tata Chemicals, Solvay SA, and Novacarb are the key manufactures in the industry. The global pharma-grade sodium bicarbonate market is dominated by leading manufacturers, with Tier-I companies developing high-quality pharma-grade baking soda and mining technologies.

Leading companies are focusing on new product launches, collaborations, mergers, acquisitions, and joint ventures to distribute their products in healthcare institutions. Other companies are conducting extensive research and development to introduce innovative sodium bicarbonate medications for various disorders. The market is expanding geographically to cater to a larger consumer base, generating revenue through potential applications.

For instance,

  • In 2023, Nephron Pharmaceuticals Corporation launched 8.4% sodium bicarbonate injection as its first product in a COC syringe, bolstering growth momentum under the Nephron 503B Outsourcing Facility operation.
  • In 2024, Akums Drugs & Pharmaceuticals Ltd introduced a chewable tablet with sodium alginate and potassium bicarbonate as an advanced anti-reflux antacid, approved by the Drugs Controller General of India.

Key Segments of Market Report

By Grade:

As per grades, the industry has been categorized into fine and coarse grades.

By Application:

Based on applications, the industry is segmented into active pharmaceutical ingredients (APIs), excipients, antacids, hemodialysis, tablet coating, toothpaste, and others.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia, East Asia, and the Middle East and Africa.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Future Market Insights Highlights 4.1% CAGR for Industrial Pipe Insulation Materials: Eco-Friendly Solutions Fuel Market Expansion

As predicted by Future Market Insights through a recently published research report, the global revenue of the industrial pipe insulation material market share is likely to reach a valuation of over USD 1,835.2 million by the end of 2028. The market expansion from 2022 to 2028 has been estimated at a CAGR of 4.1%.

With growing awareness about the advantages offered by mechanical insulation in recent years, resulted in increasing adoption by industries worldwide. Industrial pipe insulation materials constitute a crucial part of the mechanical insulation industry, which has also witnessed steady growth in the recent past. Growing focus on reduced energy conservation and greenhouse gas emission, coupled with multiple government initiatives promoting energy efficiency and sustainable development through advanced insulation technologies, is expected to favor the growth of the global industrial pipe insulation material market. The use of recycled insulation materials is trending the market at present, owing to rising environmental concerns. A majority of manufacturers are focusing on using sustainable materials such as polyurethane foam and fiberglass.

Industrial pipe insulation market includes pipe insulation adopted by process industries, refineries, thermal power plants, refrigeration and HVAC applications, and food processing units. Growth of industrial activity strongly impacts the demand for pipe insulation materials worldwide, as insulation systems play a critical role in safeguarding system’s performance in various end-use spheres. Furthermore, increasing energy cost also proves to be an important factor impacting the growth of industrial pipe insulation material market. Energy conservation equates to reduced energy costs, which in some cases amounts to several hundred dollars (in savings) per annum. As a result, insulation is expected to become even more significant, resulting in higher adoption by a number of industries, including oil & gas, energy generation, chemical, and food & beverages, among others.

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Stringent Regulations to Boost North American and European Markets

North America is expected to attain a value in excess of US$ 71.2 Million by the end of 2028, prominently due to increasing implementation of stern regulations across industries. Moreover, bolstering demand from European region is anticipated to be driven by growing need for insulation systems specifically designed for the cold weather of the region. Whereas, China’s rampant industrial growth will continue to enable the region to significantly contribute to the global market growth.

Upsurge in Material Innovation & Increase in Old Pipe Replacement to Create Lucrative Opportunities

Surge in replacement of aged pipes, in addition to growing innovation in materials used in insulation of industrial pipes, will reportedly create attractive opportunities for manufacturers in near future. Lack of proper insulation leads to significant energy loss, eventually resulting in additional costs to businesses. The amount of energy lost through improperly insulated pipes can be 10x the energy that can be potentially delivered through them. Moreover, unchecked damages in aged pipelines lead to leakages, resulting in loss of materials. Also, decoration of pipe insulation along with pipes contributes to an increase in energy loss, further contributing to environmental pollution. Manufacturers are focusing on the development of anti-corrosive and anti-abrasion materials, sustainable and eco-friendly materials, and energy saving and cost effective materials. Moreover, companies are expected to introduce various insulation materials, which can offer thermal resistance, prevent pinhole leaks, reduce carbon footprint, provide UV resistance, and protect against fungal infections.

Key Companies Profiled

  • Rockwool International A/S
  • SAINT-GOBAIN
  • Armacell International S.A
  • Owens Corning Insulating Systems, LLC
  • Knauf Insulation
  • Kingspan Group plc
  • Johns Manville Corporation
  • ContiTech AG
  • Dyplast Products Llc
  • ITW Insulation Systems
  • BASF SE
  • Huntsman
  • Aeroflex USA, Inc
  • L’ISOLANTE K-FLEX S.p.A
  • Shanghai ABM Rock Wool Co., Ltd

Industrial Pipe Insulation Materials Market by Category

By Material Type:

  • Fiberglass
  • Mineral Wool
  • Cellular Glass
  • Polyurethane
  • Polystyrene
  • Others

By Application:

  • Prefabricated
  • Rolla & Batts
  • Spray

By End Use:

  • Chemicals
  • Food & Beverages
  • Oil & Gas
  • Power
  • Metal Manufacturing
  • Other Industrial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • China
  • Japan
  • Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Coated Fabrics for Defense Market Projected to Surpass USD 6,530.9 million by 2033 Amid Rising Military Spending

The global coated fabrics for defense market size are likely to create stable growth opportunities over the evaluation period by registering a CAGR of 3.7% from 2023 to 2033. The global market size is likely to reach a valuation of around USD 4,541.4 million in 2023 and is set to cross a valuation of USD 6,530.9 million by 2033. According to the historical analysis conducted by Future Market Insights, the global market registered a CAGR of 2.9% from 2018 to 2022. The global coated fabric sales in the defense sector will create an absolute dollar opportunity of USD 1,989.6 million.

Fabrics that have gone through a coating procedure for modification of functionalities are known as coated fabrics. They are created from both woven and non-woven textiles by laminating or coating fabric with polymer, rubber, or various other materials. The addition of coatings makes the fabric surface more impervious to damage. Furthermore, coated fabrics hold additional properties including waterproofing, durability, chemical resistance, abrasion resistance, flame resistance, and thermal resistance. Thanks to these features, coated fabrics are gaining immense traction across defense & military sectors.

Fabrics made of polyvinyl chloride, polyurethane, Teflon, and neoprene find numerous applications in the defense sector. These fabrics are useful in several environmental challenges such as fire, UV radiation, scratches and abrasions, chemicals and oils, and more. Moreover, fabrics such as PVC-coated fabrics and polymer-coated fabrics are gaining wider popularity. Coated fabrics find application in personal protective equipment in defense industry. This is due to their ability to protect the wearer from various hazards. These fabrics are used in helmets, gloves, face shields, etc.

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Report Highlights

Coated fabrics are now considered an integral part of defense and military sectors. This is attributed to their ability to offer invaluable properties to military forces and equipment. The rising usage of coated fabrics in several military & defense applications will boost the global market. Furthermore, increasing safety measures and standards in defense sector are anticipated to propel coated fabrics demand.

The rising demand for high-performance fabrics is anticipated to deliver longevity, strength, and superior wear resistance in challenging environments will elevate sales. Moreover, the burgeoning demand for coated fabrics from military aircraft will bolster coated fabric sales worldwide. Coated fabrics such as polyester, Teflon, and aramid are widely used in parachute release bags, flight suits, ejector seat covers, anti-gravity pants, and suits, troop seating, aircraft flotation bags, and several other applications.

Constantly changing warfare strategies, attributed to the rising border conflicts in several countries are expected to drive these countries to procure highly advanced next-generation aircraft & ships. This increasing demand for aircraft is expected to stimulate the use of coated fabrics in numerous aircraft components. Driven by this, coated fabric sales in defense sector will rise at a significant pace.

Recent Developments

Augmenting usage of coated fabrics in various applications across the military & defense sectors is driving the global market. Coated fabrics find applications in railways, automobiles, aviation, and various other personnel-oriented objects across the military & defense industry.

Surging popularity of coated fabrics made from high-performance fibers throughout defense sector is anticipated to boost sales. Furthermore, coated fabrics are lightweight, waterproof, chemical resistant, and flexible. They also possess better mechanical properties to improve soldier workability. Thanks to these features, coated fabrics are increasingly used in defense and military industry.

The worldwide military and defense sector is predicted to witness a significant increase in expenditure. Multiple governments are spending huge amounts to strengthen their defense sector. This rising expenditure in the military and defense sector, particularly in emerging economies, will lead to a surge in the production of several military artillery and protective equipment. This in turn will propel the use of coated fabrics such as neoprene, Teflon, and polyester over the next ten years.

Competitive Landscape

The global coated fabrics for defense industry is fiercely competitive. Owing to the presence of several key coated fabric manufacturers across the globe. Additionally, tailored solutions offered by market leaders that comply with strict regulations and requirements is creating hindrance for new entrants in the market. This has shifted bargaining power toward the supplier side, resulting in higher profit margins for leading manufacturers.

Top Key Players in the Market

  • DuPont de Nemours, Inc.
  • Saint-Gobain S.A.
  • Trelleborg Group
  • Continental AG
  • Fothergill Group
  • Zenith Industrial Rubber Products Pvt. Ltd.
  • SRF Limited
  • Sioen Industries NV
  • Paragon Textile Mills Pvt. Ltd.
  • Colmant Coated Fabrics
  • Seaman Corporation
  • Magna Fabrics Inc.
  • Worthen Industries Inc.
  • Haren Textiles Pvt Ltd.
  • Serge Ferrari

Key Segmentation

By Fabrics:

  • Polyamide/Nylon
  • PVC
  • Teflon
  • Aramid
  • Polyester

By Material:

  • Thermoplastic
  • Rubber

By Application:

  • Personnel Oriented
  • Object Oriented CF for Military
  • Other Equipment

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Aluminum Fluoride Market Insights 2023 to 2033: Opportunities in Construction and Automotive Sectors to Drive US$ 3 billion Valuation

Over the projection period, sales in the aluminum fluoride industry are expected to increase at a CAGR of 2.7%. The market size is predicted to be valued at USD 2.3 billion in 2023 and USD 3 billion by 2033.

A significant driver in the aluminum fluoride market size is the increasing demand for aluminum fluoride in lithium-ion batteries. As the demand for electric vehicles and renewable energy storage grows, the need for high-performance batteries rises. Aluminum fluoride plays a crucial role in improving battery performance and stability, driving its demand in this sector.

An emerging trend is the growing focus on environmental sustainability. Manufacturers and consumers are increasingly conscious of the environmental impact of chemical processes. This has led to a shift towards eco-friendly production methods and the development of aluminum fluoride from renewable sources. Companies are exploring innovative techniques to reduce emissions, improve energy efficiency, and minimize waste generation during aluminum fluoride production.

The aluminum fluoride market is witnessing technological advancements, particularly in the area of refining and purification processes. Continuous efforts are being made to enhance the purity and quality of aluminum fluoride, enabling its application in various industries, such as ceramics, glass, and metallurgy. The market is influenced by regulatory factors and government policies aimed at promoting domestic aluminum production and reducing import dependency, creating both challenges and opportunities for manufacturers.

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Key Takeaways:

  • North America, specifically the United States, has been at the forefront of the global aluminum fluoride industry.
  • The aluminum sector exhibits a notable demand for aluminum fluoride.
  • The metallurgical industry displays a substantial demand for aluminum fluoride.

“The Aluminum Fluoride Market is experiencing consistent expansion propelled by rising demand from sectors like aluminum manufacturing, lithium-ion batteries, and ceramics, alongside an emphasis on sustainable methodologies,” – remarks an analyst at FMI.

How Key Players are revolutionizing this market?

Key players in the manufacturing of aluminum fluoride are revolutionizing the market through innovative approaches and advanced technologies. These companies are investing in research and development to improve production processes, enhance product quality, and increase efficiency.

They are adopting sustainable practices, such as optimizing energy consumption and minimizing waste generation, to reduce the environmental impact of aluminum fluoride manufacturing. Key players are also focusing on expanding their production capacities to meet the growing demand from various industries. They are actively engaging in strategic collaborations, mergers, and acquisitions to strengthen their market position, gain access to new markets, and leverage complementary expertise. Through these initiatives, key players are driving the transformation and evolution of the aluminum fluoride market.

Key Players:

  • Alufluoride Ltd.
  • Rio Tinto Plc
  • Tanfac Industries Ltd.
  • Fluorsid S.p.A
  • Mexichem S.A.B. de C.V.
  • Industries Chimiques du Fluor (ICF)
  • PhosAgro PJSC
  • Do-Fluoride Chemicals Co., Ltd
  • Pingquan Greatwall Chemical Co., Ltd.
  • Gulf Fluor
  • AB Lifosa
  • Alufluor AB
  • Derivados del Fluor

Product Portfolio:

  • Alufluoride Ltd.’s product portfolio includes aluminum fluoride, cryolite, and other fluoride-based chemicals. They specialize in manufacturing high-quality products for industries such as aluminum smelting, ceramics, and chemicals, offering customized solutions to meet specific customer requirements.
  • Rio Tinto Plc’s product portfolio comprises a wide range of products, including aluminum, copper, iron ore, diamonds, and various minerals. They are a leading global mining and metals company, supplying essential resources to industries worldwide and focusing on sustainable mining practices and responsible sourcing.

More Insights Available:

Future Market Insights offers an unbiased analysis of the aluminum fluoride market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the aluminum fluoride market, the report is segmented on the basis of By Grade (Metallurgical Grade and Other Industrial Grade), Application (Aluminum, Fluorocarbons, Ceramics and Chemical Intermediate), across 5 major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Market Segmentation:

By Grade:

  • Metallurgical Grade
  • Other Industrial Grade

By Application:

  • Aluminum
  • Fluorocarbons
  • Ceramics
  • Chemical Intermediate

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
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Sulfuric Acid Demand to Grow with Industrial Expansion and Agricultural Needs, Projected Market Value Hits USD 26,586.30 million by 2033

By 2033, the sulfuric acid industry sales are anticipated to reach a valuation of USD 26,586.30 million. The global market size is poised for significant growth, projected to surpass USD 19,030.60 million by 2023. The sulfuric acid catalyst sales are expected to witness a CAGR of 3.40% from 2023 to 2033.

Growth Stimulants for the Sulfuric Acid Market

Hurdles in the Sulfuric Acid Industry

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Regional Outlook

“Sulfuric acid is essential in the manufacturing and industrial sectors, particularly in manufacturing phosphate-based fertilizers. With the expansion of the food industry, fueled by the rising population and developing-country spending power, demand for sulfuric acid fertilizers is advancing.

Asia Pacific industrial growth is stimulating the global sulfuric acid industry.” says Nikhil Kaitwade, Associate Vice President at Future Market Insights, Inc.

Key Takeaways 

Competitive Landscape

Owing to the abundance of sulfuric acid suppliers and sulfuric acid manufacturers, the global industry is highly competitive. While controlling distribution costs, these businesses employ various strategies to satisfy the expanding demand and broaden their global reach.

Companies are turning to tactics like mergers, acquisitions, joint ventures, and expansions to take full advantage of the opportunities that global markets present.

Recent Developments

Vital Sulfuric Acid Manufacturers

Sulfuric Acid Market Key Segments

By Purity Type:

By Raw Materials:

By Application:

By Region:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Demand for Structural Adhesives in Construction and Automotive Sectors Fuels Market Growth to USD 19,619.8 million by 2033

The structural adhesive market size is expected to reach USD 12,276.7 million in 2023. The market is predicted to reach a value of USD 19,619.8 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 4.8%.

Biocompatibility and the ability to bond with biological tissues and materials will continue to be key features of medical and biomedical adhesives. The flexibility of adhesives comes from their ability to bond plastics, metals, and composites together. The benefits of these technologies allow engineers and designers to create innovative and lightweight structures.

The use of structural adhesives can reduce the risk of corrosion in marine and offshore industries, where corrosion is a concern. Structured adhesives can seal and insulate, making them good for applications that need to resist moisture, substances, or temperature variations. In industries such as automotive and aerospace, structural adhesives can be valuable for reducing vibrations and noise.

Using adhesives instead of welds and rivets can help reduce the amount of emissions and waste produced during the application and removal of these materials as environmental regulations become more stringent. Along with simplifying and speeding up the production process and reducing the number of mechanical fasteners, adhesive bonding can be a simple and effective way of simplifying and speeding up the production process.

Researchers and engineers are constantly working on developing new adhesive materials with improved properties. These may include adhesives that are stronger, more durable, resistant to extreme temperatures, and compatible with a wider range of substrates.

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An adhesive formulation can be improved by using nanomaterials like nanoparticles and nanotubes. The properties of these nanomaterials can be improved in terms of adhesion strength, toughness, and resistance to environmental factors. Smart or adaptive properties may be added to structural adhesives market growth in the future. In the case of adhesives, self-healing capabilities or improved flexibility can be achieved by changing their properties with changes in the environment or mechanical stress.

Key Takeaways from the Structural Adhesive Market Report:

“Eco-friendly and sustainable structural adhesives are growing in demand on the market. A growing number of construction projects and a strong need for high-quality sealants and insulation will drive market growth in the near future.” – says Nikhil Kaitwade, Associate Vice President at Future Market Insights, Inc.

Competitive Landscape:

Structural adhesives are a highly competitive market that several companies occupy. Niche markets for specific demographics are becoming more popular. Strong partnerships and a focus on innovation have helped the market. Recent developments have led to the introduction of a number of structural adhesives.

Market Developments Include:

Structural Adhesive Market Segmentation:

By Product Type:

By Application:

By Region:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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