Cognitive Health Supplement Market to Reach USD 16.8 Billion by 2033, Driven by 13.3% CAGR Amid Rising Mental Wellness Awareness

Cognitive Health Supplement Market
Cognitive Health Supplement Market

The global cognitive health supplement market size is estimated to reach a valuation of US$ 9.0 billion in 2023. By 2033, global cognitive health supplement demand is expected to surge at a 13.3% CAGR. By 2033, the total market is projected to reach a valuation of US$ 16.8 billion.

The cognitive health supplement market stands at the intersection of cutting-edge research and the growing awareness of mental wellness. Scientific advancements have paved the way for innovative formulations, incorporating natural compounds to bolster brain health.

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The market evolution has led to the discovery of diverse cognitive health supplements tailored to address a wide array of consumer needs. Moreover, the emphasis on holistic well-being has fuelled the market’s growth, driving consumers to explore supplements that promote mental sharpness and cognitive agility. Manufacturers are leveraging unique sourcing methods and sustainable practices.

They craft supplements that enhance cognitive functions and align with eco-friendly and ethical principles, resonating with the conscientious consumer. Also, the cognitive health supplement market has expanded beyond traditional capsules and tablets.

Innovative products such as nootropic drinks, gummies, and powders have gained traction, offering consumers convenient and enjoyable ways to boost cognitive functions. Consumer awareness regarding the importance of cognitive health has spurred the demand for supplements catering to specific cognitive aspects.

Supplements targeting stress management, sleep quality, and mood enhancement have gained popularity, reflecting a holistic approach toward mental well-being. In this dynamic landscape, the cognitive health supplement market continues to expand, offering a plethora of options designed to enhance mental acuity, boost memory, and support brain health, catering to a diverse and discerning global clientele.

Key Takeaways from the Cognitive Health Supplement Report-

  • The cognitive health supplement market is expected to be valued at US$ 9.0 billion by 2023.
  • Global demand for cognitive health supplements will likely soar at 13.3% CAGR over the forecast period.
  • Based on form, capsules are expected to hold a market share of 31.0% and reach a valuation of US$ 5.21 billion by the end of 2033.
  • Based on sales channels, pharmacies and drugstores are expected to hold a market share of 27.6% and reach a valuation of US$ 4.6 billion by 2033.
  • Germany’s increasing emphasis on well-being is expected to help the market attain a CAGR of 5.3% and reach a valuation of US$ 2.5 billion in 2033.
  • China is expected to witness a CAGR of around 6.8% to reach a market size of US$ 3.4 billion in 2033.

“The cognitive health supplement market shows robust growth, driven by rising mental health awareness. Innovative formulations, personalized products, and expanding consumer segments signify sustained market expansion.” – says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competitive Landscape

Purelife Bioscience Co., Ltd., Quincy Bioscience, LLC., Accelerated Intelligence Inc., Onnit Labs, LLC., AlternaScript LLC, KeyView Labs, Inc., Liquid Health, Inc., Aurobindo Pharma Limited (Natroll, LLC), Natural Factors Nutritional Products Ltd., and HVMN Inc. are key cognitive health supplement manufacturers listed in the report.

Key companies are expanding their product portfolios, employing strategies such as advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the cognitive health supplement market.

For instance,

  • In April 2020, New Chapter, Inc. introduced a range of organic multi-herbal supplements designed to enhance consumers’ essential multivitamin intake. The line-up comprises four variants – energy boost, stress relief, sleep well, and holistic supplements. These products incorporate natural herbs such as ashwagandha, black cumin, and ginger to enhance cognitive health.
  • In April 2020, The Life Extension Foundation unveiled a lithium formula supporting healthy cognitive function, brain health, and potential longevity. The formula is available in the form of 1000mcg vegetarian capsules, providing consumers with a convenient option for maintaining cognitive well-being.

Get More Valuable Insights into the Cognitive Health Supplement Market

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global cognitive health supplement market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the cognitive health supplement market based on product type (omega-3 fatty acids, ginkgo biloba, vitamins and minerals, herbal supplements, and probiotics & prebiotics), form (chewable, capsule, tablet, powder, and liquid), functionality (memory support, focus and concentration improvement, boosting cognitive performance, stress and anxiety management, and mood enhancement), and sales channel (pharmacies and drugstores, specialty health and wellness stores, hypermarkets/supermarkets and online retailers) across several regions.

Cognitive Health Supplement Market Outlook by Category

By Product Type:

  • Omega-3 Fatty Acids
  • Ginkgo Biloba
  • Vitamins and Minerals
  • Herbal Supplement
  • Probiotics and Prebiotics

By Form:

  • Chewable
  • Capsule
  • Tablet
  • Powder
  • Liquid

By Sales Channel:

  • Pharmacies and Drugstores
  • Specialty Health and Wellness Stores
  • Hypermarkets/Supermarkets
  • Online Retailers

By Functionality:

  • Memory Support
  • Focus and Concentration Improvement
  • Boosting Cognitive Performance
  • Stress and Anxiety Management
  • Mood Enhancement

By Region:

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

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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:
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Cholesteryl Isostearate Market Share to Reach USD 40.97 billion by 2032, Driven by Rising Demand in Personal Care Sector

The global cholesteryl isostearate industry share is predicted to reach a valuation of USD 40.97 Billion by 2032, with sales growing at a strong CAGR of 8% from 2022 to 2032. Valued at USD 17.57 Billion in 2021, the target market is driven by the growing consumption of personal care and grooming products. The escalating demand for cosmetics and beauty items will likely propel the growth of the cholesteryl isostearate market during the forecast period.

However, though the target market is expected to undergo significant growth, factors like stringent cholesteryl isostearate regulations along with fluctuating raw material prices may hamper the global sales of the cholesteryl isostearate over the assessment period of 2022 to 2032. Besides, the increasing demand for organic beauty products might also impede target market growth during this period.

Major factors propelling the growth for the cholesteryl isostearate market are the changing preferences of consumer across the world. Nowadays, consumers opt for items with exceptional functional benefits and this drives the demand for products like cholesteryl isostearate. High-end specialty active compounds such as cholesteryl isostearate are being developed in order to cater to this consumer trend.  Moreover, innovation and sustainability initiatives will likely contribute considerably to the growth of the cholesteryl isostearate market during 2022 to 2032.

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Conversely, natural and organic beauty products rely heavily on correct cultivation, ambient conditions, and ingredient extraction. This aspect is anticipated to spur the demand for the cholesteryl isostearate market. Again, natural components are far more costlier than synthetic ingredients. Consequently, all of these factors, in addition to others, work in tandem to ensure steady and robust growth for the cholesteryl isostearate market during the forecast period.

“Growing consumer preference for products with excellent functional benefits are expected to facilitate the global growth of the cholesteryl isostearate market over the forecast period,” says an FMI analyst.

Key Takeaways in Cholesteryl Isostearate Market:

  • Fluctuating raw material prices and the implementation of stringent regulations may limit the growth of the cholesteryl isostearate market.
  • Advancing cosmetics industry presents Latin America as a lucrative market for cholesteryl isostearate products.
  • The  cholesteryl isostearate market in Asia Pacific is expected to generate substantial revenue during 2022 to 2032.
  • An emphasis on modern lifestyles in established markets like North America and Europe will further propel the  cholesteryl isostearate market in these regions.

Competitive Landscape in Cholesteryl Isostearate

In a competitive market, leading players are focusing on product innovation and development to meet the growing consumer demands. Many firms in this market are increasing their investment in new product development. Some other players are adopting organic and inorganic strategies like partnerships, collaborations, and merger tactics to gain the upper hand. It is estimated that key players control over half of the cholesteryl isostearate market share.

Some of the major players in the cholesteryl isostearate market profiled in the full version of the report

  • Chemi-Navi
  • Alfa Chemistry
  • Nikko Chemicals Co., Ltd.
  • Kao Chemicals
  • Santa Cruz Biotechnology, Inc.
  • C/D/N ISOTOPES INC.
  • Corden Pharma
  • Double Check Vegan
  • Merck KGaA

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More Insights into Cholesteryl Isostearate Market Report

In its latest report, FMI offers an unbiased analysis of the global cholesteryl isostearate market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of application and region.

According to the latest FMI reports, based on segmentation, the conditioning, emollients, and viscosity conntrilling application of cholesteryl isostearate will contribute substantially  to the overall market growth of the target product.

Based on region, the cholesteryl isostearate market in Asia Pacific will demonstrate impressive growth over the projected period. The target market in this region will be primarily driven by factors like increasing population and urbanization, surging per capita consumption, and shifting consumer preference. The Asia Pacific region is expected to account for a significant portion of the global cholesteryl isostearate market revenue. Additionally, Latin America will also exhibit remarkable growth owing to a competitive market landscape and the expansion of the cosmetics industry. A general emphasis on modern lifestyle will further propel the growth of the cholesteryl isostearate market during the forecast period.

Key Segments Profiled in the Cholesteryl Isostearate Market Survey

By Application:

  • Conditioning Agent
  • Emollients
  • Viscosity Controlling Agent
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Medical Plastics Market Sales to Reach USD 32,293.4 million by 2033: Surge in Demand Driven by Healthcare Expansion

The medical plastics industry size is expected to showcase a 7.0% CAGR in the assessment period from 2023 to 2033. It is likely to cross USD 16,462.6 million in 2023 and top a valuation of USD 32,293.4 million by the end of 2033. The need for medical plastics is expected to increase as a result of medical technology and innovation advancements. Medical equipment that is more advanced, specialized, and strong is constantly needed as medical research advances.

The market for specialized medical equipment that is adaptable to different sterilization techniques can also grow. Plastics made for medical use are expected to provide the best answer. They can be sculpted into intricate shapes, added special characteristics, and kept functional under difficult medical conditions.

Global attention to patient safety and infection control has increased demand for medical plastics. Healthcare organizations such as hospitals are always looking for strategies to reduce the risk of infections and enhance patient outcomes.

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Demand for medical plastics can be significantly influenced by environmental factors as well. The need for environmentally friendly medical solutions is rising as sustainability becomes a top focus for several sectors, including healthcare.

Environmentally friendly medical polymers have developed over time. The adoption of recyclable and biodegradable materials by manufacturers is anticipated to lessen the environmental impact of medical waste.

Key Takeaways from Medical Plastics Market Study:

  • The medical plastics industry observed significant growth at a CAGR of 6.0% in the historical period from 2018 to 2022.
  • North America is estimated to hold around 1% of the global medical plastics industry share in 2023.
  • The polyvinyl chloride (PVC) segment is estimated to hold around 2% of the medical plastics industry share in 2023.
  • The medical parts and components segment held the largest revenue share of over 42% and dominated the end-user category in 2022.
  • The top 5 countries are set to generate a collective share of around 2% in 2023.

“Medical plastics are frequently more readily produced and less expensive to manufacture than more conventional materials such as metals or glass. Consequently, these are regarded as a financially sensible option for medical tools and equipment. Their appeal to healthcare practitioners around the world is further increased by the fact that they are lightweight, which can also help with reduced shipping costs and ease of handling.” – says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

Medical plastic producers are investing in research & development to produce cutting-edge medical plastics with distinctive features, increased usefulness, and enhanced performance. They might gain an edge over conventional products by creating innovative materials and technologies that enable them to provide cutting-edge solutions to healthcare practitioners.

They are placing more and more emphasis on providing tailored and individual solutions to address the unique requirements of healthcare facilities and end users. They might more effectively meet various demands of the healthcare sector and fortify their customer relationships by offering products & services that are built to order.

Key Companies Profiled

  • INEOS
  • Advanced Plastiform, Inc
  • ELIX Polymers
  • Arkema
  • BASF SE
  • Cleanse Corp
  • Covestro LLC
  • DuPont de Nemours, Inc.
  • Eastman Chemical Company
  • EMCO Industrial Plastic Inc
  • Hanwha Group
  • HMC Polymers
  • LyondellBasell Industries N.V.

For instance,

  • In March 2022, ABB Technology (ABB) automated NatureWorks’ brand-new bioplastics facility in Thailand to meet the growing need for alternatives to fossil-based products around the world. About 75,000 metric tons of Ingeo PLA (polylactic acid) biopolymer will be produced annually at the new factory.
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Medical Plastics Market Outlook by Category

By Plastic Type :

  • Polyvinyl Chloride (PVC)
  • Thermoplastic Elastomer (TPE)
    • Thermoplastic Elastomer Vulcanizates (TPE-V)
    • Thermoplastic Elastomer Styrenics (TPE-S)
  • Polyethylene (PE)
  • Polycarbonate (PC)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Polyamides
  • Thermoplastic Polyurethane (TPU)
  • Polymethyl Methacrylate
  • Acrylonitrile Butadiene Styrene (ABS)
  • Silicone Rubber
    • Liquid Silicone Rubber
    • High Consistency Rubber
    • Room Temperature Vulcanizing (RTV) Silicone
    • Silicone Adhesives
    • Others

By End Use:

  • Medical Parts & Components
    • Dropper Bulbs
    • Drip Chambers
    • Gaskets & Stoppers
    • Orthopedics
    • Blood Collection Chambers
    • Medical Containers
    • Others
  • Tubing
    • Catheter Tubing
    • Drug Delivery
    • Gas Supply
    • Peristaltic Pump
    • Oxygen Tubing
    • Blood Transport & Delivery
    • Others
  • Film and Bags
    • Biopharmaceutical Storage
    • Saline Bags
    • Waste Bags
    • Others
  • Surgical Tools
    • Scalpels
    • Forceps
    • Scissors
    • Others
  • Medical Cables and Connectors
    • Diagnostic Equipment
    • Prosthetics
    • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia Pacific
  • Russia and Belarus
  • Balkan and Baltics
  • Central Asia
  • Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Calcium Ammonium Nitrate Market Sales to Reach USD 5 Million by 2032, Driven by Rising Demand in Pharmaceuticals and Agrochemicals

The calcium ammonium nitrate industry size is expected to grow at a CAGR of 3.5%. The Forecast period runs from 2022 to 2032. At the end of the forecast period, the Calcium Ammonium Nitrate market is expected to be worth 5.0 ​​Million US Dollars. As of 2022, the industry is expected to be valued at USD 3.3 million.

Calcium ammonium nitrate is ideal for fertigation and can be used at any time of the year. It is chemically neutral and can neutralize acidity in the soil, thereby making it suitable for any kind of soil. This product is also very economical and cost-efficient and provides the benefits of both calcium and nitrogen. These factors have been the major drivers for this market. A restraining factor for this market is urea. Urea is less expensive to produce and has higher nitrogen content than calcium ammonium nitrate.

Based on regional segmentation; the calcium ammonium nitrate capacity, production, and consumption are dominated by Russia, Western Europe, Central Europe, China and the United States. Africa and Central and South America are also large consumers. Based on end users, calcium ammonium nitrate is used extensively by farmers and by turf and ornamental solutions providers.

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Calcium ammonium nitrate provides the plant with two types of nitrogen. The first is nitrate nitrogen. Nitrate nitrogen is absorbed quickly by the plant and is suitable for quickly replenishing nitrogen, in case of nitrogen deficiency. The second type of nitrogen is ammonic nitrogen. This nitrogen is much slower in absorption. Due to which the plants have a longer-lasting nutrition system that feeds the plant for an extended period of time. The forms of nitrogen released by this product remain in the soil for the plants to feed on and they do not volatize.

Calcium Ammonium Nitrate (CAN) can be applied universally and is suitable for all crops, all seasons, soils and locations. The main components nitrate and ammonium are present in an ideal ratio and make CAN an affordable fertilizer for healthy plant growth in agriculture and horticulture. It is suitable for multiple methods of application; by drill, broadcast or through fertigation.It is used before sowing and for top dressingThe nitrate nitrogen that is available immediately after the application and absorbed in water is taken up directly by the plant and nutrient losses are almost eliminated. Calcium ammonium nitrate is a hygroscopic product and needs very low moisture to be absorbed by the plants. Additionally, it is effective in water-stressed areas where soil has low moisture. Calcium and sulphuravailable in calcium ammonium nitrate are helpful in soil reclamation.

The major players in this market are Eurochem Agro, Yara, Helm AG, ZAK S A, Pakarab Fertilizers, Bunn Fertilizer, GFS Chemicals, Inc, Barium and Chemicals, Inc, Seidler Chemical Co, Blue Line Corp, Allan Chemical Corp, Calamco, BKM Resources Inc, Del Amo Chemical Co,Nature S.A, ZimaFertiliser Co, Marneuli Agro and Agri Grow Fertilizers and Agrochemicals among others. This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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Key Market Segments Covered in the Calcium Ammonium Nitrate Industry Report

By Application:

By End-Use Industries:

By Region:

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Demand in Cosmetics Drives Global Bismuth Oxide Market to Surpass USD 216.31 Million in 2032

The global bismuth oxide industry sales is set to embark on a steady growth trajectory, expanding at a 6.9% value CAGR from 2022 to 2032.

Bismuth is a chemical element that is represented using the symbol Bi. Bismuth is a pentavalent chemical that resembles chemically with antimony and arsenic. In the earth’s crust bismuth is twice as abundant as gold. Bismuth oxide is the most important industrial compound manufactured from bismuth. Elemental bismuth occurs naturally and is a free element that is 86% as dense as lead. Bismuth is a brittle metal that is silvery-white in color when produced freshly. However, bismuth turns into a pink tinge mainly after its surface oxidation. Bismuth is one of the most abundantly available diamagnetic elements and thus, has one of the lowest thermal conductivity among other metals. Bismuth metal has its physical properties similar to those of tin and lead.

Bismuth oxide has a common starting point similar to bismuth chemistry. Bismuth oxide is naturally found as the mineral bismite, however, it is also obtained as a by-product from the smelting of lead ores and copper ores. Bismuth trioxide is widely used to manufacture the dragon eggs effects in fireworks as it is a major alternative for lead. Bismuth trioxide is commercially manufactured using bismuth subnitrate. Bismuth subnitrate is manufactured by dissolving bismuth in hot nitric acid. Bismuth oxide is mainly found as a heavy yellow powder. Thus, bismuth is an essential raw material used to manufacture bismuth oxide.

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Bismuth oxide has few commercial application shows ever; none of the applications use bismuth oxide on a large scale. Bismuth oxide is used as an ingredient in the pharmaceutical industry. However, the use of bismuth oxide in dental materials is slowly declining. Compounds such as bismuth oxychloride have a wide range of applications in the cosmetic industry. Bismuth oxide is used as a pigment in manufacturing paints for eye shadows, nail polishes, and hair sprays. The growing cosmetic industry is expected to boost the overall demand for bismuth market. Bismuth oxide are widely used in the manufacturing of several machinery such as automatic sprinkler systems for fires.

Bismuth oxide is used as an alternative to lead and hence, has been used in range of applications where previously lead was used. Bismuth oxide is mainly used as an alternative for lead especially in the manufacturing of bullets, shots and other ammunition. Currently, bismuth oxide is being evaluated as a lead replacement in manufacturing free machining brasses especially for plumbing applications. Owing to its low toxicity bismuth oxide is used in the manufacturing of food processing equipments and other copper processing pipes. The growing food industry is expected to drive the overall growth in the demand for bismuth market. Bismuth oxide is also used in the automobile industry.

Asia Pacific is expected to be the leading manufacturer of bismuth oxide. The presence of large-scale bismuth manufacturers in China is expected to further boost the growth of the market. North America and Europe are expected to be the major consumers of bismuth oxide. The growing awareness about the hazardous effect of lead is further expected to augment the overall growth of the market.

Hunan Jinwang Bismuth Industrial Co., Ltd, The Shepherd Chemical Company, and The Kurt J. Lesker Company are among the major participants of the bismuth oxide market. The companies are mainly focused on increasing their production capacity in order to reduce the overall demand-supply gap.

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This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Key Segments Covered in the Bismuth Oxide Industry Report

Form:

Application:

Region:

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Trends in Glass Additives: Market to Expand from USD 1.5 billion in 2024 to USD 2.3 billion by 2034

The global glass additive market growth is projected to reach a value of USD 2.3 billion by 2034, with a CAGR of 4.4%. The industry has seen significant refinements, leading to a rise in the significance and sales of glass additives, which are valued at USD 1.5 billion in 2024.

Glass is a standard packaging material in the food and beverage industry, according to Future Market Insights, particularly for soft drinks and edible semi-fluids. Lanthanum oxide improves the strength and refractive index of glass materials, leading to the expansion of the glass additive market.

The need for classifying basic glass materials due to transparency has led to the use of coloring agents, resulting in a surge in demand for high-quality glass additives that can impart color to opaque glass while ensuring its thickness, durability, and reactive stability. Nanoparticle and chemical technologies are also boosting the adoption of these additives, including reducing glass bubbles for low-resistance sea bottom drilling.

The pandemic has affected the market for glass additives by altering consumer behavior, causing demand oscillations, and disrupting supply chains. Demand has increased again as economic activity and infrastructure projects resume despite early pauses in building and automobile production.

Aspects such as demand drive the glass additives industry across sectors like construction, automotive, electronics, and packaging. These industries demand glass additives to enhance properties like strength, transparency, thermal resistance, and chemical durability.

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Novel improvements in glass additive formulations are also propelling market growth, with manufacturers innovating to improve performance characteristics like scratch resistance, UV protection, anti-reflective properties, and self-cleaning capabilities.

Environmental regulations and sustainability concerns are also influencing the market. Governments worldwide are implementing stricter regulations to reduce the environmental impact of industrial activities, leading to a growing demand for eco-friendly glass additives. Manufacturers are developing sustainable glass additive formulations to meet these standards.

“The demand for glass additives is gaining momentum due to stringent environmental regulations enforced by governments and the increasing demand in the building sector, which uses these additives for structural integrity, energy efficiency, and aesthetic appeal,” says an analyst of Future Market Insights.

Key Takeaways from the Glass Additive Market Report

Competitive Analysis of the Glass Additives Sector

Future growth in the glass additive market is anticipated as a result of industry participants’ research and development. To meet the demand for visually appealing and crystal-clear goods, they are developing new uses for crystal additives across a range of industries. There is more potential to use glass additives in the building and electronics industries.

Companies in the market are expanding their operations by collaborating, launching new products, and engaging in mergers and acquisitions. New entrants are funding innovative material science initiatives for glass goods. Customers are looking for recycling programs due to environmental concerns, prompting businesses to launch new initiatives in both urban and rural locations.

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Recent Developments in the Glass Additive Sector

Leading Glass Additive Brands

Key Segments of Market Report

By Product Type:

The industry is classified into metal oxides, nanoparticles, rare earth metals, and polymers based on the product type.

By Chemical Types:

Based on chemical types, the industry is categorized into iron, manganese, sulphur, nickel, titanium, chromium, uranium, and others.

By Application:

Glass additives find application in silicate glass manufacturing, 3D printing, aerodynamic levitation, glass transition, and customization of tableware, lamps, and eyeglasses.

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Demand for Benzoates in North America and Europe: Market to Hit USD 8.8 Billion by 2032

The global benzoates industry sales is anticipated to showcase a flourishing CAGR of 5.2% across the forecast period from 2022 to 2032. The global market was valued at USD 5.3 Billion in 2022 to surpass a valuation of USD 8.8 Billion by 2032. In the foreseeable future, various developed regions including North America, Europe, Central America, and South America are likely to hold a significant share of the worldwide benzoates market over the assessment period.

Benzoic acid is known as a white crystalline solid that is known as a simple aromatic carboxylic acid. The source it is extracted from is gum benzoic which is the single medium of extraction. The word “benzoic” is derived from its source gum benzoic. This acid is a naturally occurring chemical found in plants that acts as an intermediary in the production of a variety of secondary metabolites.

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Key Takeaways

Competitive Landscape

Some of the key participants present in the global Benzoates market are attributed to the presence of such a high number of participants due to which the market is highly competitive.

More Insights into the Benzoates Market

The Asia Pacific region is anticipated to dominate the global benzoates market over the assessment period. Being one of the largest markets for benzoates, the Asia Pacific region is expected to maintain its dominance over the upcoming decade. The growth of the region is attributed to the rapid urbanization in developing countries such as India and China among others.

Augmenting demand for electronics and other automobiles has an indirect impact on the acidic circumstances throughout the forecast period. In addition to that, acidic circumstances have been reported to be fungi static and bacteriostatic.

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Benzoate acid is commonly used in foods that are naturally acidic including salad dressings, fruit juices, jams, and carbonated beverages.

Sodium benzoate is also employed as an efficient preservative within the entire food and beverage industry. Moreover, it is excessively used for items such as barley water, tomato, and other sauces, crushes, fruit jellies, coffee extracts, and squashes.

Sodium benzoate is commonly utilized in cosmetics and other pharmaceuticals as an efficient preservative. It is employed in pyrotechnics as a powdered fuel that emits a whistling sound. As a result, when the whistle mix cracker and rockets are fired, they generate loud sounds.

According to Future Market Insights analysis, Europe is expected to showcase positive growth throughout the evaluation period. The European region is anticipated to offer significant growth opportunities for Benzoates over the evaluation period.

Germany is expected to steer the bulk of all regional growth. Extensive applications in the food industry are keeping sales of Benzoates afloat across Germany.

Potassium benzoate and sodium benzoate are the two forms of benzoates. Potassium benzoate is used in food preservation. It inhibits the growth of yeast, molds, and certain bacteria and works well in goods with a pH of less than 4.5. Potassium benzoate occurs as benzoic acid in low-pH goods. Potassium benzoate is used to preserve acidic foods and beverages such as sparkling drinks, fruit juices, pickles, and soft drinks. It is used and approved in Europe. Potassium benzoate is designated by the letter E, E212, in these countries.

Key Segments Profiled in the Benzoates Industry Survey

Product:

Application:

Region:

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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 Applications Propel Powder Injection Molding Market Growth: 9.3% CAGR Forecast from 2022 to 2032

The worldwide powder injection molding (PIM) industry is predicted to experience a robust CAGR of 9.3% between 2022 and 2032, resulting in a significant increase in global sales. Starting at USD 3.50 billion in 2022, the market is expected to reach USD 8.52 billion by 2032. The rising application of powder injection molding and the availability of new opportunities for manufacturers will drive the growth of the powder injection molding market in the upcoming years.

The powder injection molding market is expected to grow at a significant rate over the next few years. Powder injection molding is a process used to produce complex parts with high precision and low cost. This technology is used in various applications such as automotive, aerospace, medical, and electronics. The powder injection molding market across the world is being propelled by the growing need for robust components that can withstand high temperatures and pressure in diverse applications, including defense, automotive, aerospace industries, and surgical equipment. In addition, the emergence of enhanced trade relations between nations is expected to offer novel opportunities for the companies operating in the market.

An industrial manufacturing solution for producing alloy, ceramic, and metal parts, powder injection molding finds extensive usage due to advantages like cleaner product output compared to other approaches. This factor bodes well for the overall market growth.

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The increasing demand for complex parts and components in various end-use industries is driving the growth of the powder injection molding market. Additionally, the rising demand for lightweight and high-strength materials is also contributing to the growth of this market. Furthermore, the increasing adoption of powder injection molding technology in the medical and dental industries for the production of surgical instruments, dental implants, and orthopedic implants is expected to boost market growth. On the other hand, factors such as the high cost of equipment and the availability of alternative technologies may hinder the growth of the powder injection molding market. In summary, the powder injection molding market is expected to experience significant growth in the coming years due to increasing demand for complex parts and components in various industries, the adoption of this technology in the medical and dental industries, and the demand for lightweight and high-strength materials.

Key Takeaways:

Competitive Landscape

Leading market players are focusing on product development and new product releases to cater to the growing demand. These businesses also employ various organic and inorganic growth strategies. A few of the eminent players in the powder injection molding market are profiled in the full version of the report

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More Insights Into Powder Injection Molding Market

In its latest report, FMI offers an unbiased analysis of the global powder injection molding market, providing historical data from 2014 to 2020 and forecast statistics for 2022 to 2032. This report comprehensively studies market drivers, challenges, trends, and opportunities. To understand the global market potential, growth, and scope, the market is segmented on the basis of type, application, and region.

According to FMI estimates, based on segmentation, the automotive, healthcare, and electronics sectors will create significant opportunities for the market in terms of application and thereby contribute to its overall growth. On the basis of technology, the market is segmented into ceramic injection molding and metal injection molding. Both of these segments will witness considerable growth due to high demand from various end-use industries.

Based on region, the powder injection molding market in Asia Pacific will show considerable growth. It is projected that the PIM market in this region will dominate the international marketplace. Increasing application of PIM in the automotive and electronics sector along with the support from favorable environmental regulations will drive the growth of the powder injection molding market in Asia Pacific. Further, North America and Europe will also present notable growth in this market and thus all three regions will aid the expansion of the global powder injection molding market.

Key Segments

By Technology

By Application

By Raw Material

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 Insecticide Demand Boosts Global Profenofos Market to USD 2 Billion by 2032

The global profenofos industry share is anticipated to bode well over the assessment period by registering a CAGR of 5% from 2022 to 2032. The market is valued at USD 1.22 Billion in 2022 and surpasses a valuation of USD 2 Billion in 2032. During the projected period, the cotton sector is expected to dominate the worldwide Profenofos market.

Profenofos is a chemical excessively used in the production of foliar insecticides, miticides, and acaricides. It destroys insects and pests while also protecting crops. Profenofos is recognized within the hazardous category by the World Health Organization. It is used as a pesticide to protect crops from damage caused by pests and insects.

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Key Takeaways

Competitive Landscape

The global profenofos market is known to be fragmented owing to the presence of various regional and global producers present in the global landscape. In order to preserve their market leadership, prominent industry players are rapidly spending on joint ventures, expansion, and new product launches. Leading market competitors are investing in the development of innovative production methods.

Key participants in the global profenofos market are concentrating their efforts on developing a better pesticide that uses Profenofos to protect crops. The industry is also following the trend of producing eco-friendly items that are less hazardous to the environment than present ones.

Key Companies Profiled

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More Insights into the Profenofos Market

The Asia Pacific region is anticipated to dominate the global profenofos market. In 2022, the Asia Pacific region generated the maximum market share. Due to the presence of significant manufacturers and increased demand for agrochemicals such as insecticides and pesticides in the area. Growth in agricultural productivity in the Asia Pacific is expected to improve the region’s Profenofos industry.

Throughout the projection period, the European market is predicted to augment rapidly. Profenofos was not licensed in the European Union until 2015, however, various regulatory authorities have decided that the overall risk of taking Profenofos is within acceptable limits. This has increased the region’s need for Profenofos.

Key Segments Profiled in the Profenofos Industry Survey

Crop Type

Packaging

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 Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Corrugated Boxes Market to Expand with a CAGR of 4.3% by 2033, Reaching US$ 213.9 Billion

Corrugated Box Market
Corrugated Box Market

 

The global corrugated box market is projected to grow at a robust CAGR of 4.3% over the forecast period from 2023 to 2033, increasing in value from US$ 140.4 billion in 2023 to US$ 213.9 billion by 2033. This growth is driven by the increasing demand for sustainable and eco-friendly packaging solutions, particularly in regions like Central and Eastern Europe.

Sustainable Packaging Trends in Central and Eastern Europe

In Central and Eastern Europe, the packaging of corrugated boxes is characterized by a sustainable approach and the use of eco-friendly materials, which is highly appreciated by approximately 80% of the population. Consumers increasingly prefer sustainable corrugated packaging solutions for online shopping, with 77% of cases opting for such solutions. Moreover, around 57% of respondents are willing to pay more for customized and sustainable corrugated packaging solutions.

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Regional Market Analysis:

North America:

Market Dynamics:

1. Sustainable and Eco-friendly Packaging: A significant driver of market growth is the consumer preference for sustainable packaging. In Central and Eastern Europe, 80% of the population values the use of sustainable materials in corrugated packaging. Moreover, 77% of online shoppers prefer eco-friendly corrugated packaging solutions, and 57% are willing to pay more for customized and sustainable options.

2. Digitalization and Innovation: The corrugated packaging industry has benefited from digitalization, with companies like Smurfit Kappa leading the way. Innovations in graphic design and customized packaging solutions have led to increased sales and greater flexibility for market players. These advancements are propelling the digitalization of paper-based packaging, creating substantial growth opportunities.

3. E-commerce Growth: The rise of e-commerce is another key growth factor. The increasing volume of online shopping is boosting the demand for corrugated boxes, which are essential for shipping and protecting goods. The market is capitalizing on this trend by offering more customized and efficient packaging solutions to meet the specific needs of e-commerce businesses.

Digitalization and Innovation in Corrugated Industry

Key players in the corrugated industry, such as Smurfit Kappa, are driving innovation through digitalization. By leveraging new technologies and improving existing ones, manufacturers are enhancing their sustainability efforts while meeting the evolving needs of consumers. Customized graphic design solutions tailored to each client have resulted in increased sales and greater flexibility for market players, driving the digitalization of paper-based packaging and creating opportunities for market expansion.

“Growing inclination towards green packaging and surging demand for customized, safe, and shock-absorbing packaging solutions across personal care and cosmetics industry for shipment of e-commerce purchases is augmenting the growth in the market,” says a FMI analyst.

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Key Drivers

Key Restraints

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

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Key segments

By Material Type:

By Board type:

By Grade type:

By Product Type:

By End Use:

By Region:

About Future Market Insights (FMI)

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

Contact Us:       

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