FIDO Authentication Market is expected to reach ~US$ 8.0 Bn by 2031

A recent market study published by Future Market Insights (FMI) on the FIDO authentication market includes a global industry analysis for 2016-2020 and opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters, growth prospects of the market are obtained with maximum precision.

The FIDO authentication solutions revenue totalled ~US$ 849.6 Mn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 8.0 Bn by 2031, growing at a CAGR of 22.8% for 2021 – 31. The demand for FIDO authentication solutions will continue accelerating, increasing competition prevalent in the market. FMI has forecast the top 5 providers to account for around 69.4% of total market in 2020.

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COVID-19 Impact Analysis on FIDO Authentication Market

While ensuring employee safety and business continuity remained paramount, public companies were simultaneously challenged by a sudden decline in consumer demand, a continuing halt or reduction in onsite activities, and global supply chain issues, which began in China shortly before impacting services in Europe and the Americas regions.

fido authentication market key countries and industry mekko chart 2021

Competition Analysis

Report includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Aware, Inc., OneSpan, HYPR Corp, Yubico, Daon, Thales Group, RSA Security LLC, Movenda, Nok Nok Labs, Inc., Bluink Ltd., Century Longmai Technology Co., Ltd., Raonsecure Co., Ltd., International Systems Research Co. (ISR), Hypersecu Information Systems, Inc. among others.

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FIDO Authentication Outlook by Category

By Solution:

  • FIDO U2F Authentication Devices (Security Keys)
  • FIDO Authentication SDKs
    • FIDO Client SDK
    • FIDO Server SDK
  • Services
    • Technology Consulting
    • Integration & Deployment
    • FIDO Certification Services
    • Support Services

By Application:

  • Payment Processing
  • PKI/Credential Management
  • Document Signing
  • User Authentication
  • Others

By Industry:

  • BFSI
  • Healthcare & Life Sciences
  • IT & Telecom
  • Retail & CPG
  • Government & Defense
  • Energy & Utilities
  • Others

Key Takeaways: FIDO Authentication Market

  • By solution segment, the FIDO U2F Authentication Devices (Security Keys) segment is anticipated to account for the leading share in the global demand for FIDO authentication during the forecast period. The segment estimated to grow at a robust CAGR of 22.4% through 2031.
  • The adoption of FIDO authentication solutions in PKI/credential management is expected to rise at maximum pace with a significant CAGR of 26.7% between 2021 & 2031.
  • Demand for FIDO authentication in IT & Telecom and BFSI sector is estimated to grow at impressive CAGRs. Of these, BFSI industry is expected to account for leading share in FIDO authentication sales forecast during the forecast period.
  • North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of 28.5% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 23% over the next ten years.

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Key Points Covered in FIDO Authentication Market Survey

  • Which region is expected to showcase high growth in FIDO authentication solutions demand?
  • Which is the most sought-after application of FIDO authentication solutions?
  • Which are some of the leading companies offering FIDO authentication solutions?
  • Who are the leading end users of FIDO authentication solutions?
  • How much is the global FIDO authentication demand worth?
  • What will be the demand outlook/ sales forecast for FIDO authentication?
  • What was the last 5 year market CAGR?
  • What are the key trends of FIDO authentication industry?
  • What is driving demand for FIDO authentication?
  • Which countries are key providers of FIDO authentication solutions?
  • What is the Global Market Growth Between 2020 and 2021?
  • What are the top 5 countries driving demand?
  • What is the North America market outlook?
  • How the Europe FIDO authentication industry growth will unfold?
  • What is the key market statistics in South Korea and Japan?

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About Future Market Insights (FMI)

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

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Dust Suppressant Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 2028

Dust Suppressant Market: Introduction

Dust suppressant chemicals are used to control dust in places such as roads, the cement industry and the mining industry. They can range from water to palliative materials including saline solutions based on magnesium chloride (MgCl2), calcium chloride (CaCl2) and sodium chloride (NaCl). Also, asphalt emulsions and lignin, as well as plant oils and natural clays may also be used as dust suppressant materials. Chloride-based dust suppressants are the most commonly used dust controllers; however, water is also commonly used as a dust suppressant. Water is used as a temporary dust suppressant on roads and building construction sites as well as gravel pits and quarries. However, water must be applied regularly to maintain adequate moisture as it is moisture that binds fine particles to prevent dust. Other than water, the two commonly used dust suppressants are magnesium chloride and calcium chloride, which are hygroscopic in nature. Dust suppressant materials are generally hygroscopic, which absorb moisture from air and allow small dust particles to combine and increase in size, making them less prone to become airborne.

The dust suppressant is generally added to water and sprayed through a sprinkler. Dust suppressants aid in controlling dust at the time of loading, unloading, transferring and belt conveying, stack-out, crushing, reclaiming and other critical operations at locations. Dust suppressants increase the surface area of the water droplet, enabling it to cover more area, thereby preventing dust to become airborne. They also carry an ionic charge that aids to attract dust molecules as well as repel water droplets, facilitating a better spread to the sprayed water to cover more area.

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Dust Suppressant Market: Dynamics

The global dust suppressant market is expected to grow significantly over the forecast period. Increasing awareness related to dust suppressant chemicals in manufacturing and mining industries as well as growth in investments in civil infrastructure are some of the crucial aspects influencing the global dust suppressant market positively. Dust can raise numerous challenges such as harmful effects on health. Apart from health, cross-contamination and dust reclamation are the other challenges boosting the demand for dust suppressants in various industries. As dust suppressants are crucial to industries such as cement, construction and mining, the growth of these end-use industries is expected to drive the growth of the dust suppressant market.

However, dust suppressant operations are labour-oriented tasks and a shortage of skilled labour and low awareness among the general population are anticipated to restrain the growth of the global dust suppressant market. Despite these challenges, the current trend to use new and better technologies for superior results is expected to surge the demand for global dust suppressants over the forecast period.

Dust Suppressant Market: Regional Outlook

Asia Pacific holds a significant share in the global dust suppressant market, owing to the presence of manufacturing sector in the region. The market for dust suppressants in Asia Pacific is expected to register higher consumption, owing to the higher demand form mining and metallurgical industries. Investments in the construction industry in Asia Pacific are also expected to boost the dust suppressant market over the forecast period. Europe, North America is the Asia Pacific is expected to hold more than half of the market share of the global dust suppressant market. MEA is projected to exhibit high growth in the dust suppressant market, owing to the substantial growth in the construction sector in the region. The rest of the world is estimated to account for a relatively small share of the dust suppressant market.

Dust Suppressant Market: Market Participants

Examples of some of the market participants operating across the value chain of the global dust suppressant market include,

  • Archer Daniels Midland Company
  • Benetech Inc.
  • Borregaard LignoTech
  • Cargill Incorporated
  • Chemtex Speciality Limited
  • DowDuPont Inc.
  • GelTech Solutions
  • Huntsman International LLC
  • Hexion Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaustive analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K., Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Dust Suppressant Market: Segmentation

Based on nature, the dust suppressant market has been segmented as:

  • Dry Type Dust Suppressant
  • Wet Type Dust Suppressant

Based on type, the dust suppressant market has been segmented as:

  • Polymer Emulsions
  • Hygroscopic Salts
  • Others

Based on end use, the dust suppressant market has been segmented as:

  • Mining
  • Construction
  • Chemicals and pharmaceutical
  • Metal Extraction
  • Industrial Materials
  • Rock Production
  • Others

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Report Highlights:

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

Polysulfide Resin Market is projected to top US$ 229.76 Mn, reaching 62,008.8 Tons during the forecast period between 2021 and 2031

Global polysulfide resin market will witness growth at a steady pace on the back of rising demand from various industries, including automotive and transportation, industrial processing, building and construction, specialty chemicals, and others.

As per Future Market Insights (FMI), the market is projected to top US$ 229.76 Mn, reaching 62,008.8 Tons during the forecast period between 2021 and 2031.

Thiokols are anticipated to remain highly sought-after in terms of product backed by the growing adoption within building and construction and automotive & transportation industries. Thiokol’s unique sulfur structure makes it useful as a sealant in construction and civil engineering projects, and in cutting edge construction technologies like high-rise building construction.

Driven by the growing demand for construction utilizations due to rapid urbanization, sales of thiokol polysulfide resins will increase coming years. Extensive use of thiokol as double glazing window sealants in building joints and curtain wall joints will boost sales opportunities in the market.

As per FMI, development of infrastructure in emerging economies such as China, India, and Japan will increase the adoption of polysulfide resins, accelerating growth in the market.

The outbreak of COVID-19 dampened the sales of polysulfide resins due to the suspension of production activities in end-use industries and disruptions in supply-chains. However, key players are evaluating agile and better automation solutions in the supply chain, which can supply the products without disruption. This is expected to help the market overcome the pandemic induced slowdown in the coming years.

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Key Takeaways from Polysulfide Resin Market Study

  • Application of polysulfide resins in building & construction and automotive & aerospace industries will push the sales in the market at 3.9% CAGR between 2021 and 2031.
  • Building and construction segment is estimated to account for dominant share of 59% in the market.
  • Thiokols (liquid polysulfide resin elastomers) is expected to remain most preferred product owing to increasing application as modifying agents in the construction sector.
  • East Asia is projected to remain as emerge as a highly lucrative polysulfide resin market, with China accounting for almost one-third of the market share.
  • India will continue registering high demand for polysulfide resins, accounting for 43% of sales in South Asia Pacific.

 “Expansion of automotive & transportation and building & construction industries post-pandemic has created lucrative growth opportunities for polysulfide resin market. Key players are capitalizing on surging demand in building & construction sector through new product launches,” said a lead analyst at FMI.

Polysulfide Resin Market: Participant Insights                                                   

Key market participants in the global polysulfide resin market include Toray Fine Chemicals Co. Ltd., Nouryon, Arkema, and JSC Kazan Synthetic Rubber Plant. These companies are focusing on expanding their production capacity in emerging economies.

Besides this, they are strengthening their product portfolio and developing stronger distribution network to gain competitive edge in the market.

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What is the Impact of COVID-19 on Polysulfide Resin Market?

The unprecedented COVID-19 outbreak resulted in global slowdown owing to restrictions implemented on movement and lockdown imposed in major regions. Sales prospects declined due to the suspension of trade activities, which hampered the supply chain network.

Aviation, mining and construction industries are among the worst-hit due to the global pandemic. The negative impact has been felt in the polysulfide resin market as well.

As polysulfide resins are widely used in aforementioned industries, demand for polysulfide resins decelerated with decreasing demand for automobiles, construction chemicals, and pause in aviation sector.

However, recovery of operations across end-use sectors is expected to boost the adoption of polysulfide resins in the forthcoming decade.

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About Future Market Insights (FMI)

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

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Autoclaves Market Expectations & Growth Trends Highlighted Until 2030

The global Autoclaves Market will exhibit 5% CAGR between 2020 and 2030, especially as demand for sterilization and disinfections continue rising across hospitals, academic and research institutes, biopharmaceutical companies, and other facilities, finds Future Market Insights (FMI) in a new study. As per the report, increasing cases of hospital acquired infections will encourage investment in autoclaves across healthcare facilities.

According to the Centers for Disease Control and Prevention (CDC), on any given day, about 1 in 31 hospital patients has at least one health-care associated infection. Autoclaving destroys microorganisms with higher efficiency than dry heat. Hence autoclaves are registering increasing applications in the healthcare industry.

While the outbreak of novel coronavirus has taken a toll on the market affecting its growth, it is recovering steadily to bounce back. Patient admissions in hospitals and other healthcare facilities has increased, which is in turn fuelling the demand for autoclaves in the recent year.

FMI offers an in-depth analysis and overview of the global autoclaves market, covering factors enabling its growth, creating prospects, and key threats.

Some of the key takeaways from the report are highlighted below-

  • Rise in demand for gravity autoclaves is projected to fuel the growth of the market during the forecast period between 2020 and 2030
  • Floor standing autoclaves will gain traction due to the high for laboratory applications
  • The demand for front loading type autoclave is expected to be higher than top loading and pass through
  • Cylindrical autoclaves will be highly sought-after among chamber types
  • Academic and research institutes will continue exhibiting high demand for autoclaves
  • North America will dominate in the global market followed by Europe

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“The rising awareness among the hospital staff, doctors, and patients regarding the hospital acquired infections is spurring the growth of the autoclaves market. The outbreak of COVID-19 pandemic has resulted in unbridled rise in patient pool across hospitals and healthcare centers, increasing the risk of hospital acquired infections. According to the National Centre for Biotechnology Information (NCBI), the risks of Central Line-Associated Bloodstream Infection (CLABSI), Catheter Associated Urinary Tract Infection (CAUTI), and others are higher in COVID-affected patients. This has been fuelling the demand for autoclaves and the trend is expected persist over the next couple of years,” says an FMI analyst.

COVID-19 Impact Analysis

The outbreak of COVID-19 pandemic caused decline in the growth of market earlier this year. The sudden lockdown, coupled with restrictions imposed, had severely affected manufacturing units of the autoclaves. However, autoclaves being an integral part of the sterilization process started experiencing surge in demand soon after getting over the temporary period of lull. The ongoing pandemic has resulted in higher requirement for sterilized and clean environment across healthcare facilities, which is substantially pushing the demand curve for autoclaves upward. As per Medical Product Outsourcing (MPO), autoclaves are staples in the healthcare industry and they are used extensively for high-pressure steam sterilization on various tools and industrial components, especially during COVID-19 pandemic.

According to the World Health Organization (WHO), biosafety levels BSL-2 and BSL-3 are required in order to handle COVID-19 by maintaining clean and safe environment. As laboratory autoclaves are ideal for sterilization of contaminated instruments, waste, laboratory equipment, and others while maintaining these standards, they are highly required in diverse end-user industries starting from pathology laboratories to academic and research institutes.

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Who is Winning?

Competition in the global autoclaves market has been rising steadily. In order to strengthen their foothold, market players are focusing their efforts towards exploring and capitalizing on new opportunities. This has resulted in a slew of product launches in the last few years.

For instance, Benchmark Scientific has launched their new range of BIOCLAVE™ RESEARCH AUTOCLAVES which are designed specifically for laboratory research tools and provide fully automatic services in the current year.

Panasonic Biomedical has launched their new extensive range of laboratory autoclaves such as MLS-3020U, MLS-3751L, MLS-3781L, and others in the recent year.

More Valuable Insights on Autoclaves Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global autoclaves market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product (gravity autoclave, vacuum-induced autoclave), modality (floor standing, bench top, wall mounted, portable), loading type (top loading, front loading, pass through), chamber type (cylindrical, rectangular), end user (hospitals, office based clinics, academics and research institutes, research laboratories, pathology laboratories, biopharmaceutical companies, food and beverage companies), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Autoclaves Market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Supply Chain Management (SCM) Market is estimated to rise at 11.4% CAGR between 2021 and 2031

The supply chain management (SCM) market solutions revenue totaled ~US$ 19.5 Bn for 2020, according to Future Market Insights’ (FMI’s) latest study. The overall market is expected to reach ~US$ 62.6 Bn by 2031, growing at a CAGR of 11.4% for 2021 – 31. The demand for supply chain management solutions will accelerate with top 5 providers holding around 50.2% of total market in 2020.

Newly released data on the supply chain management demand outlook indicates 8.7% y-o-y growth in 2021. Among industry verticals, the market share for retail & consumer goods sector is the largest among all. However, the transportation & logistics segment will grow at 14.6% CAGR to emerge as the fastest growing end user through the assessment period.

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Increasing demand for supply chain management (SCM) market solutions from both large enterprises and small and medium enterprises (SMEs), growing awareness about the benefits offered by SCM solutions, including supply chain optimization, forecasting accuracy, meaningful synthesis of business data, and wastage minimization are likely to fuel the demand for supply chain management solutions over the coming years.

The SCM sales is estimated to rise at 11.4% CAGR between 2021 and 2031 in comparison with 8.6% CAGR registered during 2016-2020. The global supply chain management growth scenario is anticipated to witness an increase in revenue from ~US$ 21.2 Bn in 2021 to ~US$ 62.6 Bn by 2031.

“Supply chain management solutions enable organizations to efficiently manage potential challenges such as demand spikes, inventory and labor shortages, and transportation disruptions, along with effectively mitigating supply chain disturbances. In addition to this, agility and omnichannel supply chains are becoming the norm, while the increasing availability of Big Data means organizations are now able to close the loop with prescriptive analytics and make informed supply chain decisions,” says FMI analyst.

Chief factors fueling the demand for supply chain management solutions include high growth in eCommerce, need for greater transparency and visibility in supply chain processes and data, enhancing business continuity by minimizing potential failures, and rising adoption of cloud supply chain management among SMEs.

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Key Takeaways: Supply Chain Management Market
• By software solution segment, the integrated SCM platform/suite is anticipated to account for the leading market share. The segment is estimated to grow at a robust CAGR of 13.5% through 2031.
• Based on deployment, the on-premises segment is estimated to account for more than half of the software solution segment in 2021.
• The demand for supply chain management in large enterprises is expected to grow at the highest rate.
• Demand for supply chain management in transportation & logistics and manufacturing sector is estimated to grow at an impressive CAGRs. However, retail & consumer goods segment is estimated to continue to hold dominant market share in the global supply chain management market during the forecast period.
• Among the regions, North America is estimated to hold highest market share followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
• The market in Japan is expected to progress at a noteworthy CAGR of more than 14% through 2031.
• In the U.K., sales are expected to increase tremendously at a CAGR of 11.4% over the next ten years.

COVID-19 Impact Analysis on Supply Chain Management Market
The COVID–19 pandemic has compelled several industries and organizations to revamp their global supply chain model. The lockdown implemented to contain the spread of the virus across various countries has shut down economies and is impacting every aspect of the supply chain around the world.
The global pandemic affected almost all aspects of the global economy over the past few months. One industry that has seen remarkable changes is e-commerce.

There is a huge pressure on the supply chain logistics industry to keep up with the ever-rising demand, as self-isolated consumers are shifting towards online shopping platforms. Accordingly, logistics companies are stepping up with innovative strategies to respond to these rapidly shifting logistics trends in 2021.

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Competitive Landscape
Some of the leading companies in this landscape are IBM Corporation, Oracle, SAP SE, Manhattan Associates, and E2open LLC among others. As per Future Market Insights, nearly 60% of the market share is currently covered by the top 15 players.

About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.

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Therapeutic Contact Lenses Market is expected to surpass a valuation of US$ 11.03 Bn at a CAGR of over 7.5% through 2031

Increasing cases of macular degeneration and glaucoma across the globe have improved the demand for therapeutic contact lenses. According to Future Market Insights (FMI), the therapeutic contact lenses market is expected to surpass a valuation of US$ 11.03 Bn at a CAGR of over 7.5% through 2031.

Cases of permanent forms of blindness are showing signs of improvement with advancements in medical science. As the cases of eye infection and disorders are increasing, especially in the younger generation, healthcare professionals are extensively investing in research & development activities.

With the advent of dynamic soft contact lenses with improved technology, demand for contact lenses has increased. This also has encouraged product development among key market players. A leading company Innovega, for instance, is developing a soft contact lens that can make a display anywhere in the field of view.

The iOptik system, according to the business, can increase the safety of hands-free tasks such as driving, surgery, and military operations. However, the technology is still years away from being consumer-ready.

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According to the Centers for Disease Control and Prevention, approximately 12 million Americans aged 40 and above, have vision impairment, with 1 million being blind, 3 million having vision impairment after correction, and 8 million having vision impairment due to uncorrected refractive error.

As a result, rapid technological advancements are playing significant role in accelerating the demand for smart therapeutic contact lenses. Subsequently, smart lenses are gaining popularity in the market.

For instance, Mojo lens is considered to be the first smart lens that has a built-in visual display designed to magnify images for people with low vision. This patented lens is also capable of projecting content from smart phones.

Leading players are concentrating on producing contact lenses to combat digital eye strain, as reliance on digital devices is increasing among consumers.

For instance, Cooper Vision, Inc. has released a novel contact lens that aids in the reduction of eye strain caused by the usage of digital devices. Multiple aspheric curves are used in the Bioinfinity Energys. This allows people’s eyes to adapt more easily as they shift their sight between digital and non-digital activities. The lens material is also meant to assist eyes maintain moisture, which is an extra bonus. This is especially useful when using a computer or a screen because people blink less frequently.

Therapeutic Contact Lenses Market 2021 – 2031 Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges 3

Backed by these factors, the market is poised to expand at an astounding CAGR, exceeding valuation of US$ 22.6 Bn by 2031-end, estimates Future Market Insights.

Key Takeaways from the Therapeutic Contact Lenses Market Study

  • In terms of material type, senofilcon is predicted to grow at a substantial CAGR of 10.6% during the forecast period.
  • In terms of price range, the US$ 10 to US$ 30 segment will hold over 37.8% share of the market. Due to diverse range of variety and cost-effectiveness of this range, sales are expected to spur.
  • In terms of consumer orientation, the unisex category is predicted to hold a considerable share of 60.3% in 2021.
  • In 2021, the U.S. will hold mammoth share of 88.7% in North America, owing to its distinct work culture and significant use of smart devices such as desktops, mobile phones, tablets, and laptops.
  • The U.K. is expected to be lucrative market in Europe, accounting for over 19.5% owing to higher spending on premium therapeutic contact lenses in the country.

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“Penetration of e-commerce platforms due to the unprecedented outbreak of COVID-19 have compelled the market players to rely on digital platforms. Hence, leading players are collaborating with leading online platforms to provide consumers with vision care solutions. This will create remunerative opportunities for the market players over the coming years. says an FMI analyst.

 Who is Winning?

Leading manufacturers of therapeutic contact lenses are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of therapeutic contact lenses globally.

Major players present in the therapeutic contact lenses market are AccuLens Company Inc., The Cooper Companies Inc., Bausch & Lomb Incorporated, Alcon Inc., Dynasil Corporation of America, Johnson and Johnson Vision Care Inc., Medennium Inc., SynergEyes Inc., X-Cel Specialty Contacts, Carl Zeiss AG, Abbot Medical Optics, Inc., CIBA Vision, Essilor International, Hydrogel Vision Corp, Novartis International AG, Contamac, Haohai Biological Technology, Hoya Corporation, Polylite Sofclear, Scrivens House, Seed Co. Ltd, STAAR Surgical Company among others.

About Future Market Insights (FMI)

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

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Ceiling Cassettes Market to Witness Excellent Revenue Growth, Overview, Emerging Trends, Drivers and Challenges Forecast by 2028

Ceiling Cassettes Market: Introduction

Ceiling Cassettes are employed in the heating, ventilation, and air conditioning (HVAC) systems to provide exceptional coverage, and they are energy efficient. Ceiling Cassettes are used in a huge array of applications, such as residential, commercial and industrial. As the name suggests, ceiling cassettes are wall mounted and can be customized as one-way, two way or four-way, according to requirement. Further, ceiling cassettes are classified to their product type which could be either ductless ceiling cassettes or ducted ceiling cassettes.

Ceiling Cassettes Market: Drivers and Challenges

Technological advancements, such as ceiling cassettes can be controlled and managed from a remote location via applications on devices such as smartphones, tablets or computers or even via smart assistants, such as smart thermostats, deployed in a household. Most ceiling cassettes are eco-friendly with integrated low power consumption standards. More than ever before, these smart HVAC systems have increased the demand for ceiling cassettes. This, in turn, drives the demand of the ceiling cassettes market. Further, digitalization and electrification are a couple of other factors attributing towards the growth of the market. Compact design, easy installation, easy operation, and high process reliability are other factors driving the global Ceiling Cassettes market.

With adverse changes in climate, and need to pace up the energy saving requirements proposed by the UNFCCC (United Nations Framework Convention on Climate Change), there has been increasing demand of HVAC systems that can offer both high performance and comfort. Contractors and manufacturers are aiming to introduce compact and lightweight products for easy installation and maintaining a comfortable environment.

Ceiling cassette market is expected to be driven by a number of government organizations that are taking initiatives to develop smart cities with efficient and ecological climate control. In addition, the rising use of smart technology and IoT is helping countries adopt the smart city concept. With the inclination towards the development of smart cities, construction activities will increase, which will lead to the growth of the smart home solutions market, and consecutively driving the demand for ceiling cassettes. Increasing building automation is another factor contributing towards the growth of the ceiling cassettes market. Integration of other technologies such as Bluetooth and RFID for HVAC system control could create growth opportunities for the ceiling cassettes market.

On the flip side, the lack of resources and technological awareness could hinder consumer transition from using a simple conventional air conditioner to smart air conditioner, thereby challenging the demand for ceiling cassettes.

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Ceiling Cassettes Market: Regional Overview

Geographically, the Ceiling Cassettes market is segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, India, Middle East and Africa, and South East Asia and Pacific. China, being the electronics manufacturing hub, leads the ceiling cassettes market. The South East Asia and Pacific market is expected to follow China in terms of its market growth rate, during the forecast period. The growth in the SEA and India market is attributed to the rising maturity in the electronics industry. North America and Western Europe are expected to witness significant demand over the forecast period owing to the implementation of a number of energy efficiency legislation and programs. Also, replacement and retrofit of ceiling cassettes are expected to contribute towards the growth of the ceiling cassettes market in developed countries. Moreover, tropical regions, such as the Middle East and Africa to see the notable demand for HVAC systems due to global warming, thus driving the demand for ceiling cassettes in the region.

Global Ceiling Cassettes Market: Key Players

Examples of some of the key players operating in the global Ceiling Cassettes market:

  • Mitsubishi Heavy Industries Air Conditioning Europe, Ltd.
  • Hitachi, Ltd.
  • LG Electronics
  • Friedrich Air Conditioning
  • Lennox International Inc.
  • O.Y.L. Manufacturing Company Sdn. Bhd
  • Modine Manufacturing
  • Carrier Airconditioning & Refrigeration Ltd.
  • Airwell
  • Johnson Controls
  • Systemair AB
  • AERMEC S.P.A.
  • Airedale Air Conditioning

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Ceiling Cassettes: Market Segmentation

On the basis of product type, the global Ceiling Cassettes market has been segmented as:

  • Ducted Ceiling Cassettes
  • Ductless Ceiling Cassettes

On the basis of capacity, the global Ceiling Cassettes market has been segmented as:

  • Below 5.8 kW
  • Between 5.8 to 14 kW
  • Above 14 kW

On the basis of application, the global Ceiling Cassettes market has been segmented as:

  • Residential
  • Commercial
  • Healthcare
  • Hospitality
  • Retail and offices
  • Others
  • Industrial

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Report Highlights:

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

Pre-Book Airport Transfer Market at a CAGR of ~23.6% between 2021 and 2031 | SuperShuttle International Company Lyft, Inc., Uber Technologies, Inc., Keys Shuttle

Integration of artificial intelligence (AI), chat-bot, digital payment and other advanced technology in airport transfer services is gaining immense popularity in the pre-book airport transfer market. Against this backdrop, key players are consistently focusing on introducing innovative technologies for better services. As per Future Market Insights (FMI), these developments are expected to enable growth in the global pre-book airport transfer market at a CAGR of ~23.6% between 2021 and 2031.

Adoption of AI in airport transfer services has improved the efficiency encouraging the consumers to opt for convenient and leisure services. This in turn is accelerating the sales in the market. Due to easy internet availability, consumers no longer have to wait in a queue or browse through websites for endless time to book the best airport transfer option.

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Moreover, chat-bot integrated into the airport transfer booking application or website enables online chat and offers information on nearby vehicle details. Customers can book cars, schedule pickup times, find out car fares, driver details and more easily via text-to-voice or regular text chat.

With these technologies, information about the flight arrival and landing time becomes really convenient and easy. Alongside this, guidance towards the shortest path with the minimum congestion in an airport, assistance for accurately scheduling a pickup time, the vehicle list and booking a ride at just a single touch are some of the factors aiding market growth.

For instance, in 2019, Avis Budget Group, partnered with Verizon and Edison Interactive, and launched an all-in-one digital travel assistant exclusively available to Avis, Budget, and Payless Car Rental customers.

Key Takeaways from the Pre-Book Airport Transfer Market Study

  • In terms of transportation, the public transportation is expected to dominate, accounting for a notable share in the pre-book airport transfer market.
  • In terms of purpose, leisure travel is expected to hold a noteworthy revenue share. More than 40% of travellers prefer to travel for leisure purpose for enjoyment, amusement, and pleasure.
  • In terms of booking channel, the in-person booking segment will account for lion’s share during the forecast period
  • In terms of travel type, solo traveller is anticipated to garner significant market growth during the upcoming years.
  • Russia is expected to witness highest growth, registering 6.8% CAGR during the forecast period.
  • Germany is expected to be one of the most lucrative market across Europe, contributing revenues at 2.3%

Competition in the market is expected to be fierce with increasing adoption of innovative technologies. Key players are focusing on acquisition & collaboration strategies to expand their global presence. Also, expansion of airport infrastructure, rising air traffic and availability low cost airlines are expected to bolster the growth of the global pre-book airport transfer industry” says an FMI analyst.

Impact of COVID-19 on the Market

The outbreak of COVID-19 has devastated economies across the globe and impacting the global pre-book airport transfer market negatively. The market players are facing insurmountable and immense challenges due to the global shutdown.

Demand for airport transfer witnessed sudden decline during the FQ-20, with reduced global air traffic at the airport.

However, post-epidemic, safety and hygiene have become the need of the hour, practices for disinfecting the car are followed meticulously. The need for the social distancing regulations and individual mobility is bound to improve the condition of the industry.

For instance, Uber has partnered with experts to develop new safety protocols. This includes providing drivers with Clorox Disinfecting Wipes to the drivers, so that customers can feel safe on their next ride.

In addition, Alamo Enterprise has become a member of the Clorox Safer Today Alliance™, an alliance to help create healthier shared spaces now and in the future.

 Who is Winning?

Several companies are adopting strategies such as mergers and acquisitions as an effective way of maintaining or increasing market share.

Major players present in the pre-book airport transfer market are SuperShuttle International Company Lyft, Inc., Uber Technologies, Inc., Keys Shuttle, AAA Conch Limo. LLC, A&M Rentals, Avis Company, The Hertz Corporation Greyhound Lines, Inc., Alamo Enterprise, Avis Budget Group, Charter Vans, Inc., Dayton Express Cab Co., Orlando Black Car Inc., Apollo’s Chariots Inc., Advanced Shuttle Company, Charles River Transportation Management Association, Yellow Radio Service, and Budget Rent a Car System, Inc among others. Aggressive promotional strategies, and advertisements, have driven the market growth of pre-book airport transfer globally.

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Market by Category

By Traveler Type:

  • Domestic
  • International

By Transportation Type:

  • Private Transportation
    • Taxes & Shuttles
    • Car Rentals
    • Ride Shares
    • Others
  • Public Transportation
    • Inter-City Shuttles
    • Inter-Terminal Shuttles
    • Others

By Age Group:

  • 23-25 Years
  • 26-45 Years
  • 45-60 Years
  • More Than 60 Years

By Purpose/Tourist Type:

  • Business
  • Leisure
  • Visit Friends/Relatives
  • Education
  • Conventions
  • Religious
  • Health Treatment

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Traveler Type:

  • Independent Traveler
  • Group Traveler

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Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered Traveler Type, Transportation Type, Age Group, Tourist Type, Booking Channel, Traveler Type, Region
Key Companies Profiled
  • SuperShuttle International Company
  • Lyft, Inc.
  • Uber Technologies, Inc.
  • Keys Shuttle
  • AAA Conch Limo. LLC
  • A&M Rentals
  • Avis Company
  • The Hertz Corporation
  • Greyhound Lines, Inc.
  • Alamo Enterprise
  • Avis Budget Group
  • Charter Vans, Inc.
  • Dayton Express Cab Co.
  • Orlando Black Car Inc.
  • Apollo’s Chariots Inc.
  • Advanced Shuttle Company
  • Charles River Transportation Management Association
  • Yellow Radio Service
  • Budget Rent a Car System, Inc.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Key Points Covered in Pre-Book Airport Transfer Market Survey

  • Market estimates and forecast 2015-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Pre-Book Airport Transfer and How to Navigate
  • Recommendation on Key Winning Strategies

About Future Market Insights (FMI)

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

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

 

Extensometer Market Key Players – Mechatronics, Tinuis Olsen, Illinois Tool Works Inc., Zwick Roell, 3R, EchoLAB, Shenzhen Wance Testing Machine

Extensometer was invented by Charles Houston in 1879. Houston later gave rights to Fairbanks & Ewing (a manufacturer of scales and testing machines). Traditionally, extensometers are the most convenient and widely used instruments for the measurement of strains in a material test specimen. These extensometers are based on contact techniques. However, non-contacting optical techniques are becoming more important. An extensometer is an instrument used to check the changes in the dimension (especially length) of an object. Extensometers are useful for stress strain measurement and tensile tests.  The extensometers are divided into two categories: contact and non-contact. In recent years, significant developments have happened in the area of noncontact extensometers – extensometers based on laser and video technology have been developed.

In the mining industry, extensometers are used to measure displacements on high/batters. Plotting time verses displacement enables engineers to determine if walls are failures about to happen. And for difficult failures, equipment such as lasers and radar scans are used, which allow three-dimensional and four-dimensional analysis.  Some of the standards associated with extensometers are ASTM E83 Standard for classification and verification of Extensometers and ASTM D4403 standard for the extensometer used in rock.

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Extensometer Market: Dynamics

Increasing mining activity across various regions will spur the demand in the extensometer market. Mining industry contributes a healthy share to a country’s GDP. Even mining done on a small scale contributes a healthy share to the entire mineral production. However, various rules and regulations associated with extraction of minerals could hamper the growth of the extensometers market.  Increasing scope of applications involving integrity test of materials such as metals, composites and polymers in construction, automotive and other industrial sectors are deemed to offer future growth opportunities for the Extensometers market.

Over the years, the mining industry has developed through a year-long process that has brought together more than hundreds of stakeholders from governments, private sector, non-governmental and international organizations. Moreover, growing urbanizations & industrialization, particularly in emerging economies, will lead to demand for commodities from metal and mining industries. People living in cities consume higher share of resources – their population is expected to get doubled in near future. Due to the aforementioned reasons, the demand for mining will increase, which in turn, will increase the demand in the extensometers market.

Extensometer Market: Trend/ Regional Outlook

North America and Europe have beenthe traditional markets adopting the extensometers in related uses since inception. These regions are expected to find a fair share of extensometers with an optimal growth rate. However, with the crux shift of manufacturing and construction sectors towards developing countries and emerging economic regions of South East Asia is projected to witness a significant growth over the forecast period

Extensometer Market: Market Participants

Examples of some of the market participants/vendors operating in the Extensometer market across the globe are:

  • Mechatronics
  • Tinuis Olsen
  • Illinois Tool Works Inc.
  • Zwick Roell
  • 3R
  • EchoLAB
  • Shenzhen Wance Testing Machine
  • Reliant Technology
  • Volumec Mechanical Innovations
  • LIMESS Messtechnik und Software GmbH
  • Magtrol
  • Agisco s.r.l.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-7103

The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Extensometer Market: Segmentation

Contact extensors measure extension accurately and are cost-effective. Though, clip-on extensometers need more physical involvement and, without maintenance, can present incorrect test results. Sensor arm extensometers provide high accuracy and ease of use owing to their entirely automatic operation, which includes the setting of variable gage lengths. Non contacts extensometers are required when the specimen is sensitive to knife edges or when the extensometer may get damaged in case of a test specimen failure. Next laser extensometers are used for materials where traditional clip on an extensometer or mass of clip affects the materials properties due to being physically attached to sample. Laser extensometers can be used for testing at sub-zero or elevated temperatures. A video extensometer is a device which is capable of performing stain/stress measurements of certain materials, by taking continuous images of the specimen during tests, using a digital video camera or frame grabber attached to a personal computer.

On the basis of type, the Extensometer market can be segmented into:

  • Contact
  • Clip On
  • Sensor Arm
  • Non-Contact
  • Laser
  • Video

On the basis of function, the Extensometer market can be segmented into:

  • Rod Extensometer (consist of anchor set at specified depths)
  • Magnet Extensometer (consists of series of magnet that are installed with an access pipe)
  • Tape Extensometer (monitor convergence in undergroundopenings, such as tunnel)
  • Sensors arm Extensometers
  • Others

On the basis of application, the Extensometer market can be segmented into:

  • Mining
  • Others

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Report Highlights:

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

Methane Sulfonic Acid Market 2021 Development Status, Competition Analysis, Type and Application 2031

The methane sulfonic acid market value to surpass US$ 706.8Mn in 2021. The methane sulfonic acid market is anticipated to be driven by growing demand from industrial and pharmaceuticals sectors. It is likely to register a growth at 4.9% CAGR during the assessment period, from 2021 to 2031.

FMI also forecasts the global methane sulfonic acid market is expected to register year-on-year growth of 4.6% in 2021. Demand for methane sulfonic acid will surge as industries are aiming for emission control and waste reduction. Considering this, FMI has projected the methane sulfonic acid market valuation to reach US$1.13 Bn by 2031.

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2016-2020 Methane Sulfonic Acid Market Outlook Compared to 2021-2031 Forecast

Demand for methane sulfonic acid grew at 2.5% CAGR between 2016 and 2020. Sales prospects were dampened in 2020 due to the outbreak of COVID-19, which reduced methane sulfonic acid demand from several industries. However, in the coming years the methane sulfonic acid market is expected to bounce back as demand increases in the electronics and pharmaceutical sectors.

Increasing use of methane sulfonic acid in electroplating is projected to propel sales at 5.1% CAGR over the forecast period, from 2021 to 2031. Significant growth in the electroplating, pharmaceuticals, and chemical-biodiesel production has positioned East Asia, especially in China, as a key consumer of methane sulfonic acid.

methane sulfonic acid market
Will Demand from Electroplating and Pharmaceutical Segments Continue Driving Methane Sulfonic Acid Market?

Production of consumer products and electronic appliances has increased and so did the consumption of methane sulfonic acid. The popularity of electronic appliances such as laptops, smartphones and other items among millennials and people of all age is expected to grow, creating prospects for application of methane sulfonic acid.

Changing lifestyle and preferences with increasing disposable income are major factors responsible for growth of the methane sulfonic acid market. Methane sulfonic acid is a key component used in electroplating done on these products. Against this backdrop, surging demand for electronic appliances will boost opportunities for sales in the market.

Expansion of the pharmaceutical industry in the last few years also has boosted the consumption of methane sulfonic acid as it is a crucial element that goes in the production of drugs.

It is used as an intermediate for various medicines. The COVID-19 outbreak was unprecedented and has given enough reasons to take care of health and wellbeing. Following the pandemic, people have become more aware about the importance of maintaining a healthy lifestyle.

Increasing production of drugs and medicines is therefore on cards, which is expected to bolster the growth of the methane sulfonic acid market in near future. Due to its superior chemical and physical properties, it is used in different processes as it does not emit toxic gases. Moreover, waste generated from this acid is recyclable hence it reduces the cost required for waste treatment.

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Methane Sulfonic Acid Market Competitive Landscape

Key players are focusing on reducing carbon emission by increasing waste utilization in their manufacturing processes. The methane sulfonic acid market participants also are enhancing their global presence through expanding their production capacities, mergers, acquisitions, strategic collaborations, hybrid distribution channels, and partnerships. For instance:

  • In January 2020, as already announced at the end of 2018, BASF will proceed with the expansion of global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. The volumes from the additional capacity are expected to be available from the end of 2021 and are dedicated to mainly serving European customers as well as the rapidly growing Asian methane sulfonic acid market.
Methane Sulfonic Acid Market by Category

By Grade:

  • Industrial grade Methane Sulfonic Acid
  • Pharmaceutical grade Methane Sulfonic Acid

By Product Form:

  • Solid Methane Sulfonic Acid
  • Liquid Methane Sulfonic Acid

By Application:

  • Electroplating
  • Pharmaceuticals
  • Chemical Synthesis
  • Biodiesel Production
  • Others

By Region:

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

Key Questions Answered in the Report

What is the current methane sulfonic acid market value?

What is the current market share of South Korea and Japan in the global methane sulfonic acid market?

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