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
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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.

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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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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Polyester Straps Market Poised for 7.4% CAGR Growth, Expected to Hit US$ 2.1 Billion by 2033

Polyester Straps
Polyester Straps

The global polyester straps market is anticipated to reach a valuation of  US$ 1.0 billion i n 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected  CAGR of 7.4%  between 2023 and 2033, and reaching a total valuation of approximately  US$ 2.1 billion  by 2033.

One of the major factors contributing to the growth of the polyester straps market is the increasing demand from industries such as logistics, e-commerce, and construction. The sectors require reliable and high-performance strapping solutions to secure heavy loads, pallets, and bundles. Polyester straps provide excellent tensile strength and can withstand significant tension, making them ideal for securing heavy and bulky items. The lightweight nature of polyester straps makes them easy to handle and reduces transportation costs.

The technological advancements in strap manufacturing processes are propelling the growth of the polyester straps market. Manufacturers are investing in research and development to improve the properties and performance of polyester straps. Advanced manufacturing techniques and innovations in polymer engineering have led to the development of straps with higher tensile strength, better elongation characteristics, and improved resistance to external factors. The advancements are driving the adoption of polyester straps as they offer superior load containment, enhanced safety, and increased efficiency in packaging operations.

The globalization of trade and the expansion of the e-commerce industry are also significant drivers of the polyester straps market. There is a growing need for secure and reliable packaging solutions, with the increasing volume of goods being transported globally. Polyester straps provide strong and reliable bundling and palletizing options for the safe transportation of goods, ensuring that they reach their destination intact. The growth of e-commerce platforms and the rising demand for online shopping have further boosted the demand for polyester straps as they are essential for the secure packaging of products during shipping.

Key Takeaways from the Market Study

Advancements in packaging automation, across the globe is a major factor that is expected to propel the growth of the polyester straps market in the near future, remarks an FMI analyst.

Prominent players in the polyester straps market are Teufelberger holding ag, Samuel Strapping Systems, FROMM Packaging Systems Inc., Mosca GmbH, Industrial Yarns Pty Ltd., Linder GmbH, The Plastic Strapping Company Ltd, Northshore Strapping Company, Plastic Extruders Ltd., National Webbing Products, Campanini UGO S.P.A, Signor limited, Consent LLC, Narrowtex Pty (Ltd.), Universal Strapping Inc., Mil-Spec Packaging, Bowmer Bond Narrow Fabrics Limited, Nottingham Narrow Fabrics Ltd, DAE YANG STRAPS CO., LTD, and Johnson Plastics & Supply

Recent Developments:

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Key Segments Profiled In the Global Polyester Straps Market

By Thickness:

By Packing Grade:

By Width:

By Breaking Strength:

By End Use Industry:

By Application:

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
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CDU Heat Exchanger Antifoulants Market to Surge to USD 197.6 million by 2028 Driven by Fuel Additives and Oil Refinery Investments

According to a report published by Future Market Insights (FMI), the global CDU heat exchanger antifoulants market share is expected to witness a CAGR of 3.1% from 2022 to 2028. In 2017, the market was worth US$ 160.3 Million in 2021 and is estimated to rise to a valuation of US$ 197.6 Million by the end of 2028.

Growing environmental concerns across the globe have triggered the adoption of devices and equipment that aid in providing a cleaner environment. In the wake of this, industries worldwide are striving to adhere to the policies that have been implemented by the governments in order to maintain a competitive edge in the global market.

One such chemical that is added to the heat exchanger equipment in oil refineries is antifoulants which help in saving the machine from any form of corrosion. Corrosion inhibitors are used in machinery as they provide long-term benefits such as reducing corrosion and improving the safety of the operational equipment

In order to retain their position in the market, companies are fiercely competing against each other. Their awareness regarding the importance of maintaining their machinery and equipment has increased.

They are also expanding the oil refineries according to the growing application needs and their ability to handle the challenges of the industry. Some of the leading companies operating in the market are BAKER HUGHES, a GE Company, Dorf Ketal, CHIMEC SpA, Croda International Plc, CRISTOL, Eonchemical, Chematek S.p.A., Expert Chem SERV, Innospec, and SUEZ.

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Changing Geopolitical Scenario, Coupled with Growing Awareness Regarding the Use of Safe Equipment, Poised to Benefit Market

Globalization, population explosion, and economic changes have not only contributed to the crude oil industry but have also resulted in a rise in the standards of oil and gas services. The formulation of fouling deposits can have a number of effects.

For instance, it can decrease heat transfer, impede fluid flow, and impair the safe operation of equipment. In recent times, people have become vigilant towards the safe operation of equipment, which, in turn, is expected to accelerate the growth of the antifoulant market over the forecast period.

Moreover, huge amounts of fuel additives are utilized in the manufacturing of crude oil. These additives act as the backbone of refinery sectors across the globe.

Refineries strive for reliability and processing flexibility with minimal fouling and impurities. An antifoulant treatment program is the result of the incentive loss.

The burgeoning use of fuel additives for the purpose of oil purity, in turn, is anticipated to boost demand for antifoulants. Spin-off benefits are acquired with treatment programs, which are more important than sustainable benefits.

Fluctuating Oil Prices to Limit Market Expansion

Feedstock for naphthenic oil and paraffinic oil is processed from base oil, which in turn is a derivative of crude oil. Thereby, the prices of these base oils tend to be unhinged and volatile as they are subject to the uncertainty occurring in the prices of crude oil.

This instability shakes the profitability of manufacturers and in turn, may inhibit market growth. The petro specialty market is majorly dependent on imports and sudden changes in oil prices hamper the regional import trade, thus hindering the growth of crude distillation unit heat exchanger antifoulants market.

CDU Heat Exchanger Antifoulants Market by Category

By Type:

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.
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T: +1-845-579-5705
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Phosphate Conversion Coatings Market to Surge with 4.0% CAGR, Reaching USD 2,359.6 million by 2028, FMI Reports

Phosphate Conversion Coatings
Phosphate Conversion Coatings

As per exhaustive research by FMI, the global phosphate conversion coatings market size is poised to total US$ 1,863.6  million in 2022. Increasing adoption in the production of casing connections to enhance their sealing performance is fueling the demand for phosphate conversion coatings.

Future Market Insights (FMI),

Consecutively, increasing demand for automotive vehicles across countries such as the USA, China, Germany, and India is projected to aid the growth in the market. On account of this, sales of phosphate conversion coatings are projected to reach a 4.0% CAGR, surpassing US$ 2,359.6 million over the forecast period between 2022 and 2028.

Phosphate conversion coatings transform the basis metal surface into a non-metallic crystalline surface. This enhances appearance, improves corrosion resistance, and promotes adhesion & lubrication.

Hence, these coatings are extensively being used across the automotive industry to enhance auto components such as car frames, engine mounts, and wheels.

Growing demand for the treatment of aluminum, zinc, and steel for creating a thin adhering layer as a foundation to subsequent painting and coatings across the building and construction industry is further driving the growth in the market. This has assisted the market to exhibit 4% year-over-year growth in 2021.

Based on product type, manganese phosphate conversion coatings are anticipated to emerge as the most preferred coating. As per FMI, the segment is poised to exhibit growth at 4.3% CAGR through 2028.

Excellent oil retention and wear resistance properties for corrosion resistance and lubricity are factors facilitating the growth in the segment.

“Increasing research and development (R&D) activities for developing preventive measures to increase the life of the equipment using advance eco-friendly coating solutions across the chemical and oil & gas industries are favoring the growth in the market,” says a FMI analyst.

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Key Takeaways from Phosphate Conversion Coatings Market Study

Key Drivers

Key Restraints

Competitive Landscape

Key manufacturers in the phosphate conversion coatings market are investing in strategic collaborations, merger, and acquisition to expand their production capacities. Also, some of the companies are focusing on developing and launching of new phosphate conversion coatings to expand their product portfolio.

For instance,

Some of the key players operating in the market profiled by FMI are:

More Valuable Insights on Phosphate Conversion Coatings Market

A new report published by FMI offers an in-depth analysis of the global phosphate conversion coatings market, uncovering vital dynamics accelerating the market growth over the assessment period. The survey also forecast sales projections for phosphate conversion coatings market with detailed segmentation:

By Product Type:

By Substrate:

By End-use Industry:

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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