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[314 Pages] The global wind power coatings market grew year-over-year by 9.7% between 2020 and 2021. Growing demand for wind turbines across the globe owing to governmental initiatives undertaken to promote power generation from wind energy are expected to elevate the demand for wind power coatings between 2021 and 2031.

Wind Power Coatings Market Size (2020A)	US$ 1.09 Bn
Wind Power Coatings Market Estimated Year Value (2021 E)	US$ 1.2 Bn
Wind Power Coatings Market Projected Market Value (2031F)	US$ 3.5 Bn
Value CAGR (2021-2031)	11.3%
Collective Value Share: Top 3 Countries (2021)	50%-55%

The global wind power coatings market is estimated to expand a11.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Increasing focus on alternate sources of energy has led to surge in wind turbine installation worldwide. This has in turn created conducive environment for sales of wind power coatings.

According to a recent report by Future Market Insights (FMI), air purifier market is expected to surpass a valuation of US$ 10 Bn in 2021. It is expected to grow at a CAGR of approximately 11.3% through 2031.

Since the last decade, the use of membrane technology in air purifiers has increased dramatically. In order to receive excellent air filtration, membrane filters are created using a combined electrospinning/netting approach with a receiving substrate design. The effectiveness and pressure drop of air purifiers made using ePTFE and UPE membranes are remarkable.

People are becoming more aware about their health and fitness as a result of increasing health awareness. The impact of air pollution in causing respiratory disorders, such as acute respiratory infections and chronic obstructive pulmonary disease, is well established. Because industrialization, urbanization, and contemporary lifestyles cannot be compromised on, strategies to reduce emissions and reverse the problem of poor air quality are gaining traction. Air purifiers are proving to be the most promising solution for addressing poor air quality.

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The air purifier market has seen a lot of claims made by manufacturers in order to promote their brand and level up the competition. As a matter of fact, consumer purchase patterns are often influenced by company claims.

Producers and brand owners have focusing on improving efficiency and efficacy of their products to woo increasing number of consumers. LG, for example, stated that in 2020, it will produce a one-of-a-kind cover for the PuriCare Wearable Air Purifier that will use the company’s UVnano sterilisation technology to kill 99.99 percent of germs in under 30 minutes using UV-C LED rays.

Key Takeaways from the Air Purifier Market Study

• In terms of technology, HEPA filters account for a major share in the air purifier market. Demand in this category is expected to grow at a CAGR of 4.3% in 2020.
• Leading companies in the air purifier market will cover nearly 42% of sales.
• The U.S. will account for maximum demand in North America, sealing its dominance in the global market.
• Demand in the U.K. will grow at an impressive pace, pushing overall growth in the Europe market.

Impact of COVID-19 on the Market

The current pandemic outbreak has created numerous challenges on the part of supply side and demand side. The temporary restrictions imposed by regional governments on the movement have impacted supply chains drastically. Besides this, the shift from discretionary spending to essential goods has further negatively impacted the market growth.

On the flip side, the change in consumer buying habits has encouraged a shift from store based retailing to online retailing, facilitating a wider market reach. This is expected to aid in the global market recovery.

Who is Winning?

Leading manufacturers of air purifier are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales growth of air purifier globally.

Major players present in the air purifier market are Koninklijke Philips N. V, LG Electronics Inc., Xiaomi Corporation, Afpro Filters B.V., Dyson Ltd., Godrej Appliances, Condair Group AG, Daikin Industries, Ltd., Honeywell International Inc., Whirlpool Corporation, Japan Air Filter Malaysia Sdn. Bhd., Hitachi Limited, Dyson Technology Ltd, and Panasonic Corporation among others.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-14224

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 keyword 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

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Dairy-free smoothies are the smoothies made from other substitutes of dairy products. In this, there is no casein any gluten, and it’s free from the dairy products. Consumers are more health conscious and are concern about the food product and their constituents they consumers, some consumers are also, allergic to the dairy products, due to their sensitivity to casein or lactose concentration present in the mammalian milk and milk products. So for these consumers, there is a need for dairy-free products such as dairy-free smoothies.

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Dairy-Free Smoothies Has Increasing Demand Due to Rising Vegan Consumers.

Nowadays, consumers are showing their interest in 100% vegan products that are dairy-free products. Manufacturers keeping this rising demand for vegan products in mind are launching food products those are dairy free, such as dairy-free chess, soya milk, dairy-free smoothies, ice-creams, and other dairy products. According to genetics home reference (NIH), 65% of the human population has lactose intolerance that is reduced the ability to digest lactose, for these consumers there must be an alternative to dairy products, to use dairy-free smoothie in various application such as ice-cream, smoothies, cheese, and other dairy products. Manufacturers are aware of this increasing lactose intolerance among the consumers owing to the demand for vegan products such as dairy-free smoothies increasing its market demand over the forecasted period.

Dairy-Free Smoothies Market: Key Market Players

The market players operating in dairy-free smoothies market are Innocent Drinks, Tate & Lyle plc., Life Force Beverages LLC, Golden State Foods Corporation, Beaming Wellness, Inc., Maui Wowi Franchising, Inc., Campbell Soup Company, Tasti D-Lite, LLC. WWF Operating Company., and Retail Zoo Pyt Ltd. are the few market players of dairy free smoothies.

Opportunity for the Dairy-Free Smoothies Market

The manufacturers operating in this field could introduce new innovative flavours for smoothies. As dairy-free smoothie is the emerging market due to increasing youngster consumers, the manufacturers could also focus on research and development of the dairy-free smoothies to introduce different source for thickening of the smoothie. Manufacturers could set up their business in European countries as there are several lactose intolerance consumers.

Manufacturers could also offer the products at an affordable price to increase their preferences amongst the competitors. Manufacturers could focus on delivering the product through various offers to attract consumers. They could also set up their factory outlet to provide fresh and dairy-free smoothies directly to the consumers that could attract more consumers.
The manufacturers willing to operate in dairy-free smoothie could focus on setting their manufacturing unit at developing countries and could also focus on selling the product at an affordable price than the consumers.

The research report presents a comprehensive assessment of the dairy-free smoothie 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 product source, flavours and distribution channels.

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The report covers exhaustive analysis on:

• Dairy-Free Smoothie  Market Segments
• Dairy-Free Smoothie Market Dynamics
• Dairy-Free Smoothie Market Size
• Dairy-Free Smoothie Supply And Demand
• Current Trends/Issues/Challenges pertaining to dairy-free smoothie system market
• Competition Landscape and Emerging Market Participants in dairy-free smoothie market
• Technology related to Production/Processing of dairy-free smoothie.
• Value Chain Analysis of the dairy-free smoothie market

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South 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.

Dairy-Free Smoothies Market Segmentation:

On the basis of source the global Dairy-Free Smoothies Market is segmented as–

• Fruit based dairy-free smoothie
• Water based dairy-free smoothie
• Coconut milk dairy-free smoothie
• Other (alternative milk source)

On the basis of flavour the global Dairy-Free Smoothies Market is segmented as–

• Fruit flavour dairy-free smoothie
• Vanilla dairy-free smoothie
• Chocolate dairy-free smoothie
• Other (natural flavours’ dairy-free smoothie)

On the basis of distribution channel the global Dairy-Free Smoothies Market is segmented as–

• B2B
• B2C
• Store-Based Retailing
• Grocery Retailers
• Modern Grocery Retailers
• Convenience Stores
• Discounters
• Traditional Grocery Retailers
• Independent Small Grocers
• Other Grocery Retailers
• Non-grocery Retailers
• Mixed Retailers
• Medical retailers
• Other Non-grocery Retailers
• Online Retailing

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Report Highlights:

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

According to the latest Future Market Insights (FMI) study, the global flavor drops market will grow by 7% CAGR, reaching US$ 172.8 Mn by the end of 2031.

The consumption of natural foods is becoming hugely population. In response to this, some of the leading food brands are striving to introduce new sources of flavors. For instance, Castoreum extract, a natural flavoring that is obtained from the anal glands of beaver, is used as a natural flavor in beverage, confectionery, dairy, and desserts.

Knowledge regarding the biogenesis of plant volatiles, their enzymes, and genes, will pave the way for the production of innovative food flavors, thus paving way for growth of the flavor drops market.

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Microorganisms have a higher capacity for production of natural pigments and extracts. Marine sources are used on a commercial level for flavor extraction; seaweed is one of the most innovative sources that are used by well-established flavor houses. Varieties of superfruits from rainforests are in demand for extraction of natural flavor drops. Such innovations present opportunities for flavor drops market growth.

Key Highlights

• Vegan flavor drops are expected to become hugely popular. The report forecasts sales of vegan flavor drops to grow by 7.5% CAGR through 2031.
• China is expected to account for over half of flavor drops sales in East Asia in 2021. However, demand in Japan and South Korea is expected to rise at a higher pace.
• The U.S. will emerge as a highly lucrative market, accounting for over 85% of flavor drops sales in North America in 2021.
• Italy, Spain, Germany, and the UK will spearhead growth in the Europe flavor drops market.
• In terms of flavor, drops derived from vanilla will account for maximum sales in 2021.

Who is Winning?

Some of the leading companies offering flavor drops are NutraBox, Capella Flavor Drops, My Protein, GymBeam, ESN Flavor Drops, Women’s Best, SodaStream (bubly Drops), GymQueen-tasty Drops, Beyond Water, The Blue Ingredient OK, MiO, SweetLeaf- Water drops, The Skinny Food Co, Pure Flavour, Prozis- Yummy Drops, and others.

In order to gain competitive edge, market players are focusing on product differentiation and product launches. Besides this, strategic collaborations remain a key strategy adopted by the market players.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-14223

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 keyword 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

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

North America electrical testing services market will total US$ 1.85 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm.

The report has forecast the North America electrical testing services market to grow at nearly 5.9% during 2021-2031. Due to the economic impact of COVID-19, demand for electrical testing services decreased in 2020. With various end-use sectors already resuming daily operations, scope for sales of electrical testing services will grow in North America.

Because of the high pace of population expansion and urbanization in the United States and Canada, the power generation and transmission industries are expected to increase steadily. Rapid growth in the residential sector in urban as well as semi-urban areas in this region will contribute significantly to the market growth.

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Key Takeaways of North America Electrical Testing Services Market Study

• The U.S. will lead the North America electrical testing services market, accounting for over half of sales through 2031.
• The demand for electrical testing services in Canada will grow by 6.1% CAGR between 2021 and 2031.
• During the projected period, transformer testing and circuit breaker testing segments are expected to lead in terms of market share and growth rate. Because of their simple operational versatility and high load capabilities, the category is predicted to account for nearly half of the market value share through the forecast period.
• The increasing demand for rotating equipment vibration testing and motors/generators testing will continue driving growth in the market.

Competitive Landscape

The market is moderately consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Schneider Electric, Siemens AG, Eaton Corporation plc, General Electric Company, ABB Inc., Power Products & Solutions, American Electrical Testing, Haugland Group LLC, Dekra, TCS Electrical Co., Phase One Electric, Intran, GEM Electrical Services and Electric Power Systems.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-14222

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 keyword 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

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Nutrigenomics is a novel technology that is designed to build the gap between nutrition and advanced genetics. Nutrigenomics is a tool that is developed for medical professionals to understand the consumer’s metabolic needs and then recommend the nutritional supplements accordingly. Nutrigenomics allows a personalized nutritional recommendation for an individual. Nutrigenomics focuses on Single Nucleotide Polymorphisms (SNPs) that account for 90% of the variation in the human genome.

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Nutrigenomics uses tools such as biomarkers, clinical data, and genomic assays. Nutrigenomics helps to identify the chances of occurrence of a disease and enables to get personalized treatment for it. Nutrigenomics has applications in hospitals, research organizations, dietary supplement industry, pharmaceutical industry, etc.

Increasing Demand for Personalized Products is Propelling the Nutrigenomics Market

The increase in the prevalence of diabetes, other chronic diseases is anticipated to increase the demand for nutrigenomics. According to the World Health Organization, in 2016, approximately 1.6 million deaths occurred due to diabetes and was the seventh leading cause of death in the world. Chronic diseases are the major cause of death all across the globe.

By 2020, the chronic diseases are anticipated to rise up to 73% of the total deaths. The most common chronic diseases are cardiovascular diseases, cancer, and diabetes. As the health-awareness is increasing, the consumers are willing to pay more so as to live a healthy lifestyle. The demand for personalized products is anticipated to increase to reduce the risk of diseases and disorders. The demand for personalized products is anticipated to boosts the demand for nutrigenomics.

Also, the number of obese and overweight population is increasing at a high rate. According to the WHO, in 2016, more than 340 million children of age ranging from five to nineteen were obese or overweight. The global prevalence of obesity has almost tripled from 1975 to 2016. The increase in weight management issues is anticipated to increase the demand for weight loss supplements and medicines. Thus, the manufacturers in pharmaceutical and dietary supplement industries are anticipated to opt for nutrigenomics to study the metabolic profile of the patients and to provide the solutions accordingly.

In recent years, the companies are trying to use nutrigenomics to optimize the nutrition intake that would help in reducing the chances of diseases at all stages of life. The increasing demand for healthy personalized products is expected to increase the inclination of food manufacturers towards the use of nutrigenomics so as to formulate personalized products, which is estimated to increase the demand for nutrigenomics in the food industry.

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Nutrigenomics Market: Regional Analysis

The demand for nutrigenomics is estimated to grow at a high rate in the North America region. According to the Centers for Disease Control and Prevention (CDC), by 2030, around 42% of the population in America is estimated to suffer from obesity. As the awareness about obesity increases, the consumer inclination towards the use of personalized products is projected to increase. Thus, the increase in the number of obesity is expected to serve as a major driver for the increase in the demand for nutrigenomics in the North America region.

Asia Pacific region also creates an excellent opportunity for the companies that provide nutrigenomics service. The increase in the prevalence of diabetes and obesity are anticipated to serve as a major driver for the increase in the demand for nutrigenomics. According to the WHO, by 2030, the occurrence of diabetes in India is anticipated to reach around 79 million. Malaysia has a huge problem of obesity and tops the list for the highest prevalence of diabetes and obesity in the South-East Asia region. Thus, the increasing cases of diabetes and obesity are estimated to have a positive impact on the nutrigenomics market.

Nutrigenomics Market: Key Participants

Some of the key market players in the nutrigenomics market are:

• GX Sciences, Inc
• Nutrigenomix
• NutraGene
• Cura Integrative Medicine
• Metagenics, Inc
• XCODE Life Sciences Pvt. Ltd.
• Nutrigenomics New Zealand
• Ora Organic

The research report presents a comprehensive assessment of the nutrigenomics 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 end-use.

The report covers exhaustive analysis on:

• Nutrigenomics Market Segments
• Market Dynamics
• Market Size
• Supply and Demand
• Current Trends/Issues/Challenges pertaining to nutrigenomics market
• Competition Landscape and Emerging Market Participants in nutrigenomics market
• Technology related to Production/Processing of nutrigenomics
• Value Chain Analysis of the nutrigenomics market

The regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South 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.

Nutrigenomics Market Segmentation

The nutrigenomics market can be segmented on the basis of end-use-

On the basis of end-use, the nutrigenomics market can be segmented as:

• Food and Beverage
• Pharmaceutical
• Functional Foods and Dietary Supplement
• Hospitals
• Academic and Research Organizations

Toc of the Report : https://www.futuremarketinsights.com/toc/rep-gb-9787

Report Highlights:

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

According to Future Market Insights (FMI) analysis, the 3D printing materials market is anticipated to register growth at 14.0% CAGR between 2021 and 2031. Increasing adoption of additive manufacturing in automotive, electronics, medical, and construction sectors among others will continue driving growth in the 3D printing materials market.

3D printing is a technique for layering a three-dimensional object using a computer-generated design. Raw materials such as plastics, ABS, PLA, metals & powders, carbon fibers, and resins are some commonly used printing materials.

Increasing application of 3D printers to manufacture all kinds of small and large products are also boosting the market. Several countries are nowadays utilizing 3D printing technology for the construction of buildings. Technological advancements registered across various industries will pace way for the growth of the 3D printing materials market.

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Regionally, North will continue dominating the 3D printing materials market. Besides this, Europe and East Asia will emerge as chief pockets for growth. As per FMI, East Asia 3D printing materials market will register growth at the highest pace, steered by industrialization in China, Japan, and South Korea.

Key Takeaways from 3D Printing Materials Market Study

• The global 3D printing materials market is expected to reach a value of US$ 5.14 Bn by the end of the forecast period.
• East Asia market will exhibit growth at 14.7% of CAGR during the forecast period due to commercialization of additive manufacturing.
• By material type, metals are expected to remain a key segment in the global market of 3D printing materials, registering growth at 13.6% CAGR.
• Electronics and consumer industry will continue exhibiting high demand for 3D printing materials.
• The U.S. will emerge as the leading market in North America, accounting for over 86% of sales in 2021.

3D Printing Materials Market: Participant Insights                            

Key market participants in the global 3D printing materials market elaborated in the report includes Covestro AG, Arkema S.A., Sandvik A.B., Evonik Industries A.G., EOS GmbH Electro Optical Systems, Ultimaker B.V., Hoganas AB, The EXONE Company, General Electrics, 3D Systems Corporation, Materialise NV, STRATASYS LTD, and MARKFORGED Inc.

Key players are focusing on shifting their manufacturing from conventional technology to 3D printing to minimize time and risk of human error.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-1777

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 keyword 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

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

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Nicotinic acid, also known as vitamin B3 or niacin, is a colorless, water-soluble derivative of pyridine. The natural foods such as peanuts, avocado, green peas, mushrooms, potatoes, whole grains, meat, poultry, and fish are rich in nicotinic acid. Nicotinic acid helps to regulate metabolism. As nicotinic acid is a water-soluble vitamin, it cannot be stored in the body, and thus, should be consumed to fulfill the daily requirements of the body.

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Nicotinic acid provides various benefits such as it protects skin from sun damage, boosts brain function, lower triglycerides and decreases bad cholesterol levels. Nicotinic acid is used in industries such as food, pharmaceutical, cosmetic, animal nutrition, dietary supplements, and functional foods.

Increase in Health-concerns Drives the Nicotinic Acid Market

The increasing prevalence of cardiovascular diseases is estimated to serve as one of the major drivers for the nicotinic acid market. According to the World Health Organization, in 2017, cardiovascular diseases are the number one cause of death all across the world. In 2017, around 31% of global deaths were due to cardiovascular diseases. The increase in the occurrence of cardiovascular diseases has increased awareness among consumers. The consumers are taking appropriate measures to maintain a healthy lifestyle.

Thus, the demand for cholesterol-reducing ingredients is anticipated to increase in the food and dietary supplement industry. Thus, nicotinic acid serves as a suitable option as it helps to reduce bad cholesterol, which further reduces the risk of cardiovascular diseases. Also, nicotinic acid is available in liquid as well as powder form which makes it easy for the manufacturers to develop healthy products according to their requirements.

The increase in health-awareness among the consumers is anticipated to have a positive impact on the nicotinic acid market. Consumers are adopting new habits to improve their health. The demand for dietary supplements is increasing among consumers. The consumer prefers the consumption of dietary supplements to fulfill the daily nutritional requirements of the body. Nicotinic acid offers many beneficial properties such as it might prevent help to treat Type 1 Diabetes, increases HDL levels, treats pellagra, etc.

The demand for vitamin supplements is increasing. According to NIH Office of Dietary Supplements (ODS), multivitamin/mineral supplements accounted for almost one-sixth of the total dietary supplement purchased, while vitamin and mineral containing supplements accounted around 40% of the total dietary supplement sales. Thus, the rising demand for dietary supplements is expected to propel the nicotinic acid market.

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Nicotinic Acid Market: Regional Analysis

The increase in health and fitness trends in the Asia Pacific region is estimated to boosts the sales of nicotinic acid. The impact of western culture, increase in disposable income, hectic lifestyle, and high youth population is some of the drivers for the increase in the demand for nicotinic acid. The high youth population and their inclination towards the gym and other fitness activities enhance the requirements of vitamins and proteins. Thus, the manufacturers of the dietary supplement industry are anticipated to develop dietary supplements which contain multivitamins and other essential nutrients that are required by the youth population. Therefore, the demand for nicotinic acid is anticipated to increase in the Asia Pacific region.

Nicotinic Acid Market: Key Participants

Few of the key market players in the nicotinic acid market are:

• Koninklijke DSM N.V.
• Jubilant Life Science Ingredients
• Lonza Group AG
• Aarti Drugs Ltd.
• Vertellus
• Lasons India Pvt. Ltd.
• Resonance Specialities Limited
• Brother Enterprises Holding Co., Ltd.
• Triveni Chemicals

The research report presents a comprehensive assessment of the nicotinic acid 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 form, grade, end-use, and distribution channel.

The report covers exhaustive analysis on:

• Nicotinic acid Market Segments
• Market Dynamics
• Market Size
• Supply and Demand
• Current Trends/Issues/Challenges pertaining to nicotinic acid market
• Competition Landscape and Emerging Market Participants in the nicotinic acid market
• Technology related to Production/Processing of nicotinic acid
• Value Chain Analysis of the nicotinic acid market

The regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South 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.

Nicotinic Acid Market Segmentation

The nicotinic acid market can be segmented on the basis of form, grade, end-use, and distribution channel –

The nicotinic acid market can be segmented on the basis of the form as:

• Liquid
• Powder

The nicotinic acid market can be segmented on the basis of the grade as:

• Food Grade
• Feed Grade
• Pharmaceutical Grade
• Cosmetic Grade

The nicotinic acid market can be segmented on the basis of the end-use as:

• Food and Beverage
• Dietary Supplements and Functional Foods
• Pharmaceutical Industry
• Cosmetic and Personal Care
• Animal Nutrition

The nicotinic acid market can be segmented on the basis of the distribution channel as:

• Direct Sales/ B2B
• Indirect Sales/B2C
• Hypermarkets/Supermarkets
• Wholesalers
• Convenience Stores
• Specialty Stores
• Online Retailers

Toc of the Report : https://www.futuremarketinsights.com/toc/rep-gb-9786

Report Highlights:

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

Metal bellows are flexible elements used in various industrial applications where compression is expected when the pressure is applied from the other side of any elastic vessel.

Metal bellows are designed in a way that they compress or expand on the application of pressure, and come back to their original share once the pressure is removed.

As they are most commonly used as a part of piping applications, their convolution geometry and thickness is designed according to the temperature and pressure range as well as pipe capacity.

In cases where pipes expand due to increase in temperatures, metal bellows act as a resistance by limiting the compression by force.Metal bellows are commonly used in various industries such as manufacturing, water treatment, mining, automotive, power generation, and wind energy generation.

Though the global metal bellows market is characterised with stringent governmental regulations, end user preference for metal bellows over its other alternatives is expected to boost the profitability of manufacturers across various regions.

Demand for Metal Bellows in Aerospace & Defense Industry to Grow Strong

The adoption of metal bellows in a wide range of end-use industries such as automotive, semiconductor, oil & gas, and pharmaceuticals is significantly high, which is mainly driving the metal bellows market.

However, the demand is relatively higher in the aerospace & defense industry, and this is mainly influencing the growth prospects of the global metal bellows market.

In the past two years, the aerospace & defense industry witnessed a major downfall in the commercial aircraft manufacturing and deliveries, which is mainly attributed to the worldwide outbreak of the novel coronavirus. However, the demand for metal bellows in the industry remained fundamentally strong as leading players in the aerospace industry.

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Global leaders such as Airbus and Boeing, are known to be holding a significantly large backlog of orders, and this is currently holding up the production activities for these players.

In addition, the industry is witnessing a growing number of new original equipment manufacturers (OEMs) entering the landscape, along with the rising development of fuel-efficient alternatives for conventional elements of commercial aerospace products.

This indicates that the adoption of metal bellows in the global aerospace & defense industry will further bolster the growth of the global metal bellows market in the coming years.

Metal Bellows Market: Competitive Landscape

Some of the leading stakeholders in the global metal bellows market include

• Servometer
• EnPro Industries Inc.
• EagleBurgmann KE
• Meggitt PLC
• U.S. Bellows Inc.
• KSM Corporation
• Technoflex Corporation
• BOA Holding GmbH
• Freudenberg Group
• MW Industries

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-848

Why Future Market Insights?

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•   Detailed insights of market segments and sub-segments for historical as well as forecast period
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