Colloidal Metal Particles Market Soars with Increased Demand in Adsorbents and Catalysts

The global industry for colloidal metal particles witnessed significant growth, surpassing the USD 20.2 billion mark in 2022, driven by their diverse applications across various industries. With an impressive projected compound annual growth rate (CAGR) of 8.1%, the market is expected to reach a substantial USD 32.3 billion by 2028. This growth trajectory is fueled by the expanding utilization of colloidal metal particles in sectors such as healthcare, electronics, and catalysis, indicating a promising outlook for the market’s expansion over the coming years.

Among the product type segments, the titanium oxide colloidal metal particles segment is expected to account for a large volume proportion of the market while the gold colloidal metal particles segment, given its high price, is expected to account for a noteworthy value proportion in the colloidal metal particles market during the forecast period.

Rising Use of Colloidal Metal Particles as Catalysts to Propel the Growth of Global Colloidal Metal Particles Market

Future Market Insights suggests that the global colloidal metal particles market is estimated to register robust growth throughout the forecast period, prominently due to its rising applications as a catalyst. The chemical industry has been making a shift towards nano-scaled catalysts, a move that will prove to be beneficial for the colloidal metal particles market.

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The enhanced surface area per particle escalates the efficiency of the catalyst, an important factor responsible for increasing the demand for colloidal metal particles within the chemical industry. Colloidal metal particles are also being increasingly used in dietary supplements, either directly or in combination with other ingredients. For instance, copper colloid metal particles are increasingly being used to enhance the human body’s ability to absorb iron particles. Similarly, silver colloidal metal particles are proven to be effective in treating skin conditions, such as acne and chickenpox.

They are also effective against various infections. The growing market for dietary supplements, as a whole, is anticipated to have an optimistic impact on the colloidal metal particles market.

However, the issue of toxicity has put forth several legislative barriers in the development of the colloidal metal particles market. Some studies have also shown that uncontrolled use of such particles contaminates the environment and hence, country-level regulations have been passed to monitor the consumption of the aforementioned colloidal metal particles, among others.

Global Colloidal Metal Particles Market Competition Landscape

The report highlights some of the top companies operating in the global Colloidal Metal Particles market, including

  • Purest Colloids, Inc.
  • Evonik Industries AG
  • Nouryon
  • Tanaka Holdings Co., Ltd.
  • IMRA America, Inc.
  • W. R. Grace & Co.-Conn
  • SunForce Health & Organics Inc.
  • BBI Solutions

Global Colloidal Metal Particles Market Segmentation Analysis

The Colloidal Metal Particles market has been categorised on application basis into catalysis & photocatalysis, adsorbent, drug delivery and dietary supplements.

  • On application basis, the catalysis & photocatalysis segment is forecast to retain leading position in the colloidal metal particles market in terms of both consumption as well as revenue generation
  • The dietary supplement segment is projected to grow at a robust CAGR during the forecast period. Its market value is expected to grow and become over 2.2X between 2018 and 2028

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Global Colloidal Metal Particles Market Regional Forecast

Regionally, China alone accounts for a prominent proportion of the global colloidal metal particles market, positioning itself with the likes of multi-country regions, such as North America and Western Europe. Accounting for well over 22% of the revenue proportion in the total colloidal metal particles market, China is anticipated to register significant CAGR during the forecast period.

The overall Colloidal Metal Particles market is expected to grow at a CAGR of 8.1% while regions, such as Western Europe, Eastern Europe, and countries, such as India and Japan, are expected to grow at a moderately higher pace owing to rising demand in these regions.

Colloidal Metal Particles Market by Category

Product Type :

  • Aluminium Oxide
  • Silver
  • Gold
  • Zinc
  • Copper
  • Platinum
  • Iridium
  • Silicon
  • Iron Oxide
  • Titanium Oxide
  • Palladium
  • Others (Manganese, Cerium, Indium, Tin)

Application :

  • Catalysis & Photocatalysis
  • Adsorbent
  • Drug Delivery
  • Dietary Supplements

Region :

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

About Future Market Insights (FMI)

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

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Decorative Paints Market Growth Set to Surpass USD 108 billion by 2033 Amidst Growing Urbanization and Infrastructure Expansion

According to Future Market Insights, the decorative paints industry size is expected to grow from USD 63.34 billion in 2023 to USD 108 billion in 2033. It is expected that the market will grow at a CAGR of 5.4% during the forecast period.

The decorative painting process provides a wide variety of designs, styles, and textures for individuals to select from.

Decor technique, mainly used in interior design, has developed into a major player in the renovation of houses, apartments, commercial premises, kitchens, and bathrooms. In the past, it was purely a professional paint, but now it is popular with homeowners who wish to repurpose their homes.

Decorative paint industry innovation and growth have increased significantly in recent years. As an eco-friendly and sustainable paint option has become more popular, manufacturers have spent a great deal of time in research and development to create low-VOC water-based paints and other environmentally friendly finishes.

Technology such as virtual reality is being used by many companies to improve customer engagement and experience.

Paint the Future, an initiative of AkzoNobel, and Asian Paints’ research and technology organization are also driving industry innovation. As a whole, the decorative paints industry is poised for growth, with more sustainable products and innovation in its future.

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Decorative paints are expected to see high growth in demand over the next few years in India. The government’s initiative to invest in infrastructure, schemes such as Housing for All in India is likely to gain traction in the market.

GST on paints is set to be reduced from 28% to 18%, which will boost demand for paints.

Key Takeaways:

“Many foreign and domestic investors are flocking to Asia’s emerging economies to meet the growing demand for construction. As a result, decorative paints are in demand.

In the future, decorative paint consumption will continue to grow because of the growing importance of improving interior décor around the globe,”– says an analyst at FMI.

Competitive Landscape:

The decorative paint industry expands and penetrates new markets, it relies on both inorganic and organic strategies. A number of these strategies are employed, including mergers and acquisitions, partnerships, and the launch of new products.

The key industry players are:

Recent Market Developments are:

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More Valuable Insights Available:

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

To understand opportunities in the decorative paints market, the market is segmented on the basis of product type (water-based paints and solvent-based paints), formulation (emulsion-based paints and distemper), application (interior paints and exterior paints), sales channel (online and offline), and price (premium, medium, and economical) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Key Segments Covered in Decorative Paints Market Report

By Product Type:

By Formulation:

By Application:

By Sales Channel:

By Price:

Region:

About Future Market Insights (FMI)

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

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Iron Oxide Market to Reach USD 3,929.7 million by 2033, Driven by Growing Demand in Construction and Coatings

The global iron oxide industry size is estimated to capture a CAGR of 4.9% during the forecast period. The global industry size is expected to register a valuation of USD 1.47 million in 2023 and reach USD 2.37 million by 2033.

Manufacturers Bring Lucrative Opportunities in the Global Market

Manufacturers are shaping the global market with various opportunities:

Innovative Product Development: Manufacturers are focused on developing innovative and advanced products to meet consumers’ requirements. They are improving product durability, selectivity, and capacity to meet several industries’ needs.

Customized Solutions: Key manufacturers offer tailoring ion exchange resins to various applications. These industries include pharmaceutical purification, water softening, and metal recovery.

Environmental Sustainability: Manufacturers are developing sustainable products to reduce ecological corrosion and promote greener solutions. They are adopting various regulations to create eco-friendly ion exchange resins with eco-friendly solutions.

Efficiency and Cost-Effectiveness: Consumers are increasing the demand for ion exchange resins due to their efficiency and cost-effective solutions. These resins reduce wastage and operational costs and achieve better results.

Collaborations: Key manufacturers collaborate with research institutions, industrial experts, and universities to innovate advanced products. They are collaborating with them to share knowledge and skills and improve product development.

Global Expansion: The growing water treatment demands and rapidly expanding industrialization increase the adoption of ion exchange resins. These treatment processes are significantly driving global market expansion.

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Education and Awareness: Manufacturers are growing awareness by educating their relevant consumers about ion exchange resins.

After-sales Support: Manufacturing companies offer after-sale services to maintain trustworthy customer relationships. They provide services, training, and technical support to meet consumers’ requirements.

Continuous Improvements: The growing advanced technologies are updating regular improvements in their existing products. They are taking feedback from their relevant consumers and advancing their products to stay ahead of competitors.

Adapting to Regulations: Changing compliance regulations to ensure the quality of products is expanding the global market size. The rising industrial guidelines and ensuring products align to meet customers’ expectations.

These opportunities in the global market advance the end users’ requirements and promote sustainability.

Key Takeaways:

Key Players in the Global Market:

The global market is highly fragmented by essential players investing millions in research and development activities. These players drive the global market through various marketing methodologies such as mergers, collaborations, acquisitions, and agreements.

Recent Developments in the Global Market are:

In 2021, DuPont announced its newly launched manufacturing plants for ion-exchange resins for pharmaceuticals. It enhances the portfolio of pharmaceutical goods, including excipients.

Key Companies Profiled

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Iron Oxide Market Outlook by Category

By Product Type:

By Application:

By Region:

About Future Market Insights (FMI)

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

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India Construction Chemicals Market Set for Robust Growth, Projected to Reach USD 5,541.8 Million by 2033

The global India construction chemicals industry is anticipated to be valued at USD 1,617.8 million in 2023 and reach a market valuation of USD 5,541.8 million by the end of 2033. The industry is projected to have a substantial CAGR of a magnitude of 13.1% over the forecast period from 2023 to 2033.

According to the historical analysis, construction chemicals registered a CAGR of 7% from 2018 to 2022. As per the latest report, Future Market Insights offers insights into key factors driving demand for construction chemicals in India.

Further India’s construction chemicals market is estimated to account for around 6.3% of the global market share.

Construction chemicals are vital for the construction industry. These chemicals play a crucial role in the growth of the economy of a country.

The construction industry is likely to witness substantial growth in India over the assessment period. The growth is attributed to the significant investment in the infrastructure sector and growth in building construction and real estate business.

Furthermore, rising governmental initiatives like Smart City, “Make in India”, and Housing for all, amongst others, are creating significant opportunities for the construction industry which in turn is expected to boost the sales of construction chemicals in India.

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A decrease of 140 bps and 30 bps was anticipated in half-yearly growth in the year 2022. This is due to a certain decline in construction sector growth and an increase in pricing for materials.

With the recovery in the economic growth outlook and construction sector performance, the market is estimated to surge with substantial growth rates over the forecast period. Growth in a number of infrastructural projects, and a rise in spending towards the construction industry across all states had trusted the demand for construction chemicals in the country.

Key Takeaways

Competitive Landscape

The market of Indian construction chemicals is anticipated to be fragmented within tier-II and tier-III levels, with the presence of more than 450 manufacturers across the country. However, a fair share of the market has been accounted for by the top manufacturers.

One of the primary challenges for construction chemicals in India has been product pricing. Key manufacturers have comparatively low-profit margins, attributed to the contractors preferring low-cost chemicals to reduce overall construction costs.

Although, distributors are gaining more margins in construction chemicals as compared to the manufacturers.

Some of the major contractors within the construction industry are still unaware of the benefits that construction chemicals hold. Therefore, they tend to use substitutes that come at low costs providing higher margins.

Key manufacturers of construction chemicals are focusing on mergers and acquisitions and regional expansion to establish a stronger foothold across the nation.

Key Companies Profiled

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More Insights into the India Construction Chemicals Market

North India accumulates more than 31% of the market over the construction chemical market of India. The growth of the market is attributed to the rapid development in infrastructure coupled with increased government spending in the country are key factors driving the region’s construction chemical industry.

Population growth and rise in disposable income across the region are further creating significant demand for construction chemicals for residential constructional activities across the region.

The western region of India is anticipated to create lucrative growth opportunities for durable and energy-efficient construction materials. The western region is expected to create around USD 4.1 Billion of absolute dollar opportunity between 2023 and 2033.

Manufacturers are engaged in research and development activities to innovate as per the end user’s specific requirements.

Segmentation of Industry Research

By Product Type:

Masonry Mortar

By Application:

By Region:

About Future Market Insights (FMI)

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

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Future Markets Insights Projects Strong Growth in Magnesium Chloride Market Driven by Rising Demand from Deicing and Pharma Sectors

According to the report, the global magnesium chloride market size is expected to reach more than USD 580.3 Million by the end of 2031, at a compound annual growth rate of 4.3% during the assessment period.

Owing to the increasing demand from deicing and chemicals & derivatives sector is expected to remarkably contribute towards the expansion of the magnesium chloride market. The global magnesium chloride market is anticipated to expand at a steady 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing demand for deicing services is boosting demand for magnesium chloride.

Surging demand for magnesium chloride from the specific regions with extreme cold weather conditions is driving the market. Magnesium chloride is hygroscopic in nature and quickly absorbs the moisture from the environment which makes it suitable for the various industries such as construction, dust suppressants.

Magnesium chloride is widely used across various industries for diverse applications, including deicing, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed & others. Magnesium chloride is widely used in the construction industry along with the pharmaceutical sector which is expected to boost the market in the forecast period.

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Growing construction and mining industry is expected to boost the demand for the magnesium chloride owing to its extensive usage to minimize the dust at industrial area.

Geographically, the market is predicted to be dominated by East Asia, which is expected to continue in the future evaluation period. Backed by the aforementioned factors, the global magnesium chloride market is projected to top USD 580.3 Million by 2031.

Key Takeaways:

“Over the assessment period, sales of magnesium chlorides are expected to be driven by the growing application in deicing and chemicals industries. Besides this, the demand in the followed by construction and pharmaceuticals sectors also will create attractive sales prospects” says an FMI analyst.

Competitive Landscape

Key participants in the global magnesium chloride market elaborated in the report include Israel Chemicals Ltd., K+S Aktiengesellschaft, Compass Minerals International, Inc., Shandong Haihua Group Co. Ltd., Huitai Investment Group Co., Ltd, Intrepid Potash, Inc., Tianjin Changlu Haijing Group Co., Ltd, DEUSA international GmbH, Nedmag B.V, Nikomag OJSC and others.

Leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels.

For instance:

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Magnesium Chloride Market by Category

By Product Form:

By Grade:

By Application:

About Future Market Insights (FMI)

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

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Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA
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OEM Insulation Market Sales to Reach USD 23,284.8 million by 2033: Rising Demand for Energy Efficiency and Sustainability

By the end of 2033, the market is anticipated to reach USD 23,284.8 million. It is estimated to witness a 4.3% CAGR from 2023 to 2033. According to estimates, the size of the global OEM insulation industry was around USD 13,727.6 million in 2018. In 2023, it’s projected to generate USD 15,224.6 million in terms of revenue.

The rise of the industrial sector is one of the key reasons driving growth in the OEM insulation industry globally. Insulation materials are increasingly gaining demand from sectors such as automotive, aerospace, electronics, and consumer appliances.

They are used to improve product performance and efficiency. As these sectors grow and adapt, so will the demand for OEM insulation to improve thermal management. It would also be extensively used to minimize noise and vibration, as well as satisfy regulatory standards.

Aircraft engines provide thermal insulation, reduce noise levels in the cabin, and safeguard sensitive electronic components. As the aerospace sector expands to meet the rising demand for air travel, demand for improved insulation solutions is expected to elevate.

The electronics and appliances sectors might further help to drive growth in the OEM insulation market. With the expansion of electronic gadgets and household appliances, insulating materials are becoming increasingly important for managing heat dissipation.

They are also projected to help in preventing overheating and improving energy efficiency. Insulation is an essential component of the production process for electrical gadgets and appliances since it plays a critical role in their performance and longevity.

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Increasing production & sales of electric vehicles (EVs) and hybrid vehicles has boosted demand for OEM insulation in the automotive sector dramatically. To ensure optimal performance, these vehicles require excellent insulation materials to regulate the temperature-related properties of their batteries, electric motors, and power electronics.

Sustainable practices and eco-friendly solutions are becoming increasingly important in a variety of businesses. OEM insulation products with a lower environmental effect that are built from recyclable or renewable materials are gaining popularity. Demand for sustainable insulation solutions that help to reduce energy usage and carbon footprints is driving the market.

Key Takeaways from OEM Insulation Market Study:

“To reduce noise levels in machinery, automobiles, appliances, and other equipment, sound-absorbing insulation materials are being sought after. OEM insulation might successfully limit noise transfer, making the user experience quieter and more enjoyable. As a result, there will be an increasing demand for OEM insulation materials with outstanding acoustic qualities.” – Says a lead analyst at Future Market Insights (FMI)

Competitive Landscape

The OEM insulation industry is made up of a variety of well-established companies with a solid market position. These businesses are well-known, have a wealth of expertise, and offer a variety of OEM insulation materials. They frequently have extensive distribution networks, excellent manufacturing capabilities, and solid connections to OEMs in various sectors.

To create cutting-edge insulation solutions, businesses on the global market would continually make research and development investments. Improved insulating performance, increased energy efficiency, and fulfilling changing industrial needs might be the main areas of attention for technological developments. Key firms would have a competitive advantage in the market if they could provide cutting-edge, high-performance insulation materials.

For instance,

Top Key Player in the Market

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Get More Valuable Insights into the OEM Insulation Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global OEM insulation industry, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented based on material (glass wool, mineral wool, fiberglass, reflective insulation, ceramic insulation, foamed plastic, elastomeric foam, and others), insulation (blankets, rolls and batts, loose fill, and others), end-use industry (aerospace, automotive, marine, HVAC, building and construction, consumers appliances, and others), and regions.

OEM Insulation Market Outlook by Category

By Material:

By Insulation:

By End-use Industry:

By Region:

About Future Market Insights (FMI)

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

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Rising Demand in Automotive and Aerospace Sectors Boosts Global Epoxy Curing Agent Market to USD 5,740.0 million by 2033

The global epoxy curing agents market is expected to witness a healthy CAGR of around 4.6% during the forecast period from 2023 to 2033. The global market is currently valued at around USD 3,658.7 million in 2023 and is anticipated to reach a high of about USD 5,740.0 million by the year 2033. According to FMI’s historical analysis, the global epoxy curing agents market grew at a CAGR of 3.7% in 2022. In addition to that, epoxy-curing agents are highly employed as primers for protective coatings. The growth of the market is supported by evolving trends such as the replacement of dicyandiamide curing agents have a direct impact on the dynamics of the epoxy curing agents industry.

The development of curing agents with low volatile organic compounds is anticipated to increase the demand for epoxy curing agents in the forthcoming years. Furthermore, the upsurge in the requirement from several end-use industries such as the paints & coatings industry is anticipated to bolster growth in the market along with large demand for epoxy resin-based composites in the aerospace and wind-energy industries are expected to fuel the global forum of epoxy curing agents.

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According to the experts of Future Market Insights, the global market of epoxy curing agents is expected to have healthy growth. However, it has also been revealed that after studying the market in-depth, certain prevailing elements are likely to curb the growth in the long run.

Key Takeaways

Competitive Landscape

The global epoxy curing agents market exhibits lucrative growth opportunities, as the market players are desperate to grab benefits out of the immense opportunities in the market. The need for improved coatings in construction activities has generated a plethora of opportunities for growth within the global epoxy curing agents market. Furthermore, the manufacture of silicone rubber also incorporates the utilization of epoxy curing agents which is one of the prominent factors bolstering growth in the market. The epoxy curing agents companies are maximizing their revenue potential by creating sustainable offerings as the sustainability trend is on the rise on a global scale.

Key Players are

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More Insights into the Epoxy Curing Agents Market

The United Kingdom is expected to dominate the European epoxy curing agents market by accounting for a robust growth of around 8% through the forecast period. The growth in the region is attributed to account for the strong presence of leading aircraft component manufacturing companies all over the country. Furthermore, a surging preference for lightweight components for manufacturing aircraft structures is propelling the adoption of epoxy-curing agents. A significant increase in the application of epoxy resins in various industries such as construction, paints, and coatings will improve the demand in the market. Favorable government policies mandating the use of eco-friendly materials are compelling end-users to adopt this product further.

Key Segments in the Epoxy Curing Agents Market

By Product:

By Application:

By End Use:

About Future Market Insights (FMI)

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

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Animal Healthcare Market is expected to expand at a paw some 4.3% CAGR by 2033, reaching USD 62.3 Billion | FMI Analysis

Animal Healthcare Market
Animal Healthcare Market

The global Animal Healthcare Market is experiencing a surge, with a projected value of USD 62.3 billion by 2033. This marks a significant leap from the current market value of USD 40.9 billion in 2023, reflecting a steady Compound Annual Growth Rate (CAGR) of 4.3% over the next decade.

One of the primary drivers of this growth is the increasing prevalence of zoonotic diseases, such as animal flu, tick infestation, and Lyme disease. The adoption of pets for companionship has led to the spread of animal-borne diseases, resulting in a higher demand for proper Animal Healthcare. Additionally, the market is being propelled by rising public awareness of the benefits of early diagnosis and preventive measures, as well as the availability of Animal Healthcare products and services.

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Another contributing factor is the growing health consciousness among individuals, leading to increased demand for protein-rich foods like chicken, fish, beef, and meat. The expansion of veterinary hospitals and online and offline distribution channels worldwide is also contributing to the positive market outlook.

Moreover, the development of innovative technological systems that enable vital data generated in veterinary clinics to be uploaded to the Internet and shared with clinicians is driving market growth. Rising R&D activities in the healthcare industry to test the efficacy of drugs and medical devices are also propelling the market.

Finally, the use of animals in drug development for researching several genetic and chronic human diseases is driving market growth further.

Key Takeaways from the Animal Healthcare Market Study

Manufacturers are focusing on public awareness as their effective market strategy

To gain a competitive advantage, major corporations have implemented a variety of business strategies, including regional expansion strategies, mergers and acquisitions, and collaborative research initiatives. Several programs and initiatives are underway to raise public awareness and education about animal health and well-being. Among the world’s leading Animal Healthcare companies are Neogen, Zoetis, Merck, Boehringer Ingelheim, Elanco, Dechra Pharmaceuticals, IDEXX Laboratories, B. Braun Vet Care, and Medtronic.

Hester Biosciences announced in April 2021 that it would begin developing research-based herbal products for poultry, cattle, sheep, goats, and swine.

Some of the Key Players Operating in the \ Market Include:

Neogen, Zoetis, Merck, Boehringer Ingelheim, Elanco, Dechra Pharmaceuticals, IDEXX Laboratories, B. Braun Vet Care, and Medtronic.

More Insights Available

North America is currently the largest animal health market, owing to a high adoption rate of pets, rising pet healthcare expenditure, and an increasing focus on animal welfare. The region is expected to maintain its dominance during the forecast period.

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Animal Healthcare Market Segmentation

Product Type:

Animal Type:

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel and End Use over the next 10-years.

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Vascular Closure Devices Market is anticipated to reach USD 2,466.5 Million by 2033 at a CAGR of 5.30% | FMI Analysis

Vascular Closure Devices Market
Vascular Closure Devices Market

The landscape of minimally invasive procedures is undergoing a transformation, and the Vascular Closure Devices Market is at the forefront. The global market for these devices is experiencing a surge, with a projected value of USD 2.4 billion by 2033. This represents a significant growth from the current market value of USD 1.4 billion in 2023, reflecting a steady Compound Annual Growth Rate (CAGR) of 5.30% over the next decade.

However, the increasing use of transradial arterial access, the continued requirement for post-procedure bed rest, significant costs, and device deployment complexities are observed as key deterrents to the adoption of vascular closure devices. The use of VCDs is also anticipated to be influenced by a significant increase in the number of outpatient PCI procedures and the desire of patients to avoid arterial cut-down procedures. According to the report, hospitals will be the largest end-users of vascular closure devices in the next five years. By the end of 2022, over US$ 600 million in revenues are anticipated to be procured globally from the end-use of vascular closure devices in hospitals.

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North America to Exhibit Steadfast Adoption of Vascular Closure Devices

A regional analysis provided in the report reveals North America as the largest market for vascular closure devices. The region is anticipated to remain at the forefront of the global expansion of the vascular closure devices market through 2022. Robust healthcare marketplaces in the US, coupled with consumer lifestyles that have surged the incidence of cardiac disorders, will continue to boost North America’s presence in the global vascular closure devices market. The report also projects that the Asia-Pacific excluding Japan (APEJ) region will register the fastest growth in its vascular closure devices market, and rake over US$ 145 million by the end of 2022.

Clip-based VCDs to Register 6% CAGR through 2022

A key insight from the report reveals that the demand for clip-based vascular closure devices will be relatively higher than for compression devices and haemostasis pads. Despite the latter being top-selling products in the global vascular closure devices market, clip-based VCDs are expected to outpace them in terms of demand over the next five years. From a medical standpoint, many surgeons prefer VCDs designed with active approximators that can physically close the arteriotomy by using nitinol clips. These metallic clips can also restrict MRI scanners from capturing the unnecessary structures which are immediately adjacent to the arteriotomy. These clip-based VCDs can boost procedural efficiency as well as post-procedural diagnostics for a wide range of cardiovascular treatments.

Companies to Watch

Companies namely, Abbott Laboratories, Terumo Corporation, Cardinal Health, Inc., Medtronic plc, Cardiva Medical, Inc., Arstasis, Inc., Chitogen, Inc., Marine Polymer Technologies, Inc., Essential Medical, Inc., Scion Cardio-Vascular, Inc., Morris Innovative, Inc., Tricol Biomedical, Inc., Vascular Closure Systems, Inc., and TZ Medical, Inc. are profiled in the report as key players in the global vascular closure devices market. Shortly, several manufacturers of vascular closure devices will be focusing on reducing the existing drawbacks of using VCDs, which include extended hospitalisation, high morbidity risks, and the need for administering antibiotics. Some companies will also be focusing on advancing their umbrella on VCD technologies and improving the quality of life for patients being treated through vascular closure devices.

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Vascular Closure Devices Market Taxonomy 

The taxonomy of the global vascular closure device market has been concisely illustrated in the table below:

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEX
  • META

Product Type

  • Haemostasis Pads
  • Compression Devices
  • Clip
  • Plug
  • Suture
  • Others

End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Independent Catheterisation Labs

About Future Market Insights (FMI)

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

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Microscope Digital Cameras Market is anticipated to be rapid, with a 9.1% CAGR to reach USD 2,132.7 Million by 2034 | FMI Study

Microscope Digital Cameras Market
Microscope Digital Cameras Market

The world of scientific research is undergoing a high-definition revolution with the rapid growth of the Microscope Digital Cameras Market. According to recent projections, this market is set to experience a significant Compound Annual Growth Rate (CAGR) of 9.1% from 2024 to 2034. This translates to a substantial increase in market revenue, reaching an estimated USD 2,132.7 million by 2034, up from USD 892.6 million in 2024.

These insights are meticulously detailed in a recent study titled “Microscope Digital Cameras: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” by Future Market Insights. The research encompasses key players, trends, drivers, opportunities, and geographical considerations across various regions. Forecasts are provided for the period 2017 to 2027, offering a comprehensive outlook on the market’s evolution over a decade.

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Microscope Digital Cameras Market: Forecast Highlights

According to the insightful market survey on microscope digital cameras, the global microscope digital cameras industry is anticipated to grow at a high pace to register a robust 9.2% CAGR during the assessment period. During the 2017-2027 period, the global market is estimated to reach a market evaluation of about US$ 1.2 Bn by the end of 2027.

Microscope Digital Cameras Market: Competition Analysis

The global microscope digital cameras market has profiled key players such as Danaher Corporation, Nikon Corporation, Roper Technologies, Inc., Carl Zeiss AG, Olympus Corporation, Hamamatsu Photonics K.K, Basler AG, Guangzhou Micro-shot Technology Co., Ltd., BMS microscopes bv., and Euromex Microscopen bv.

Microscope Digital Cameras Market: Segmental Insights

The global microscope digital cameras industry is segmented by product type (biological microscope cameras, industrial microscope cameras), by sensor type (CMOS, CCD), mount type (C mount, eyepiece mount/ocular mount), by end-user (hospitals, research laboratories, pharmaceutical and biotechnology industries, clinics) and by region.

  • North America region shows high lucrativeness and is expected to dominate the global microscope digital cameras industry during the forecast period concerning high market valuation. This region is estimated to grow at a stellar growth rate to reach a valuation of about US$ 353.3 Mn by 2027 end. Japan region is expected to grow at the highest rate, a shade higher than North America to register a 10.3% CAGR throughout the forecast period
  • Biological microscope cameras segment by product type is projected to register a higher CAGR of 9.3% during the forecast period and is more likely to lead the global market by product type in terms of high market value
  • By mount type, the C mount segment shows high potential as it grows at a comparatively high rate to reach a 9.4% CAGR and is likely to show dominance over the eyepiece mount/ ocular mount segment. The C mount segment shows a market value almost seven times that of the eyepiece mount/ ocular mount segment
  • The CCD segment by sensor type is expected to lead the market with a high-value share. The CMOS segment shows a high growth rate registering a stellar CAGR of 11.3% throughout the assessment period
  • By end user, the research laboratories (clinical and non-clinical) segment dominates the global market with a valuation of about US$ 645.7 Mn in 2027, growing at a robust growth rate. Concerning growth rate, the pharmaceutical and biotechnology industries segment is projected to register the highest CAGR of 9.7% during the period of forecast 2017-2027

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Microscope Digital Cameras Market: Dynamics

Various factors favor the growth of the global microscope digital cameras industry and the impact of these factors changes from region to region. Diverse application of microscope imaging technology, rising preference for CMOS and CCD, increasing penetration of international players through mergers, growing partnerships for direct distribution, higher spending on academic research along with a focus on digital pathology, the emergence of digitalization in the life science research, rising demand for microscopy cameras in scientific applications, new product innovations and launches, advancements in microscope digital cameras and rising laboratory automation are supporting the growth of the global microscope digital cameras market. However, factors such as premium pricing limiting market penetration ability, limited manufacturing facilities for microscope cameras, high equipment cost and entry barriers for small players to enter the consolidated market are posing growth restraints to the growth of the global microscope digital cameras industry.

Market Taxonomy By Product Type

  • Biological Microscope cameras
  • Industrial Microscope Cameras

By Sensor Type

  • CMOS
  • CCD

By Mount Type

  • C Mount
  • Eyepiece Mount/Ocular Mount

By End User

  • Hospitals
  • Research laboratories
  • Pharmaceutical and Biotechnology Industries
  • Clinics

About Future Market Insights (FMI)

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

Contact Us:      

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