Chemical Mechanical Planarization Market to Reach US$ 9.1 Billion by 2032, Growing at 5.3% CAGR

The global Chemical Mechanical Planarization (CMP) industry was estimated to be worth $5.4 billion by 2022. This market, driven by rising demand for cutting-edge technology, is likely to expand rapidly during the next decade. According to Future Market Insights, the global CMP market is predicted to develop at a 5.3% CAGR, reaching a stunning US$ 9.1 billion by 2032.

The process of smoothing or planarizing surfaces with chemical and mechanical forces is known as ‘chemical mechanical planarization/polishing’. In other words, it uses both chemical and abrasive etching.

Chemical mechanical planarization is used extensively to eliminate surface imperfections from memory disks, silicon wafers, and other electronic equipment.

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At the same time, the fact that chemical mechanical planarization equipment is costly can’t be ignored. This factor could restrain the chemical mechanical planarization market can’t be ignored. Also, multiple parameters like pad conditioning, slurry composition, temperature, and pressure are to be carefully controlled, that too, simultaneously. Any deviation on this count could be detrimental in the near future.

Slurry utilized in CMP does contain several chemicals inclusive of oxidizers, abrasive particles, and surfactants. They could harm the environment if mishandled. These days, CMP is combined with nanotechnology and 3D IC, which, in turn, calls for new processing methods; which are tough to create as well as implement. These are the other lot of restraining factors over here. Additionally, alternative techniques such as plasma polishing and dry etching are gaining popularity.

Future Market Insights has entailed these findings in its latest market study entitled ‘Chemical Mechanical Planarization Market’. It has its line of expertise in the form of analysts and consultants to execute using a bottom-up approach in its primary, secondary, and tertiary modes of research.

“CMP pads and CMP slurries generate maximum revenue”, says an analyst from Future Market Insights.

Key Takeaways from Chemical Mechanical Planarization Market

  • North America holds the largest market share with the US witnessing an ever-increasing adoption of advanced fabrication techniques in the semiconductor vertical. Increasing penetration of smartphones is the cornerstone. Applied Materials Inc., in July 2022, completed acquisition of Picosun to address the need for innovation in the semiconductors for automotive, communications, IoT, sensor, and power sectors.
  • Europe holds the second-largest market share with the UK witnessing an upsurge in demand for advanced semiconductors as well as electronic devices.
  • The Asia-Pacific is expected to grow at a rapid pace in the chemical mechanical planarization market with China witnessing massive creation of high-performance and high-quality devices.

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Competitive Analysis

  • Ultra SFP ap tool, in March 2020, got launched by ACM Research Inc. The major objective is that of addressing yield issues linked with fan-out wafer-level packaging (FOWLP) and also TSV (through-silicon via).
  • Applied Materials Inc., in December 2022, came up with ‘cold field emission’ technology for accelerating development of advanced computer chips. This technology does enhance nanoscale picture resolution by close to 50% and also imaging speed by 10X, that too, while operating at the ambient temperature. The manufacturers could create as well as market 3D Gate-All-Around logic transistors with next-gen NAND and DRAM memory devices through CFE eBeam technology.
  • Entegris, in July 2022, did acquire CMC Materials to provide enhanced operational capabilities for applications in fab environment all through semiconductor ecosystem.
  • Fujifilm Corporation, in September 2022, did announce investment worth US$ 13.8 Million in Kumamoto for building a production facility that could produce cutting-edge semiconductor materials.
  • Merck, in February 2022, did announce completing semiconductor CMP slurry production facility at plant based out of Pyeongtaek. The CMP slurry comes across as a necessary material used for planarization of the semiconductor wafers. This facility could be used for polishing wafers for semiconductor-based companies like SK Hynix and Samsung Electronics.

What does the Report state?

  • The research study is based on type (CMP consumable and CMP equipment), technology (leading edge, more than Moore’s, and emerging), and application (integrated circuits, MEMS and NEMS, compound semiconductors, and optics).
  • With semiconductor vertical booming worldwide, the global chemical mechanical planarization market is bound to witness grandeur in the forecast period.

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Chemical Mechanical Planarization Market Segmentation

By Type:

  • CMP Consumable
  • CMP Equipment

By Technology:

  • Leading Edge
  • More than Moore’s
  • Emerging

By Application:

  • Integrated Circuits
  • MEMS and NEMS
  • Compound Semiconductors
  • Optics

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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.

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Camera Technology Market Projected to Reach $25.3 Billion by 2032 with a 12% CAGR

The global camera technology market is predicted to grow to $25.3 billion by 2032. It is predicted to grow at a significant CAGR of more than 12.0% throughout the forecasted time period. The global market is anticipated to be worth over $8.1 billion in 2022.

Advanced monitoring systems are increasingly in demand across a variety of sectors. These industries include retail, defense and aerospace, automotive, healthcare, and manufacturing. Surveillance technology is increasingly being employed in smartphones and other consumer electronics products.

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The core of camera technology is the science and art of controlling light to create images. It further encompasses fields such as digital photography, optics, computers, darkroom supplies, imaging sensor design, photonics, photography equipment, lighting, and other visual analytics media. They are used to project an image onto a computer screen into the bright sunlight to produce camera abstracts.

The past several years have seen the rise of a new wave of scalable, remote-first systems in terms of current CCTV technology. The Transition from analog to 100% streaming video systems, cloud-native solutions, and artificial intelligence-powered video analytics are three significant advancements in video security that are gaining traction.

Important businesses are investing in ‘as a service’ (AaS) solutions as a flexible means of integrating technological advancements into existing procedures and standards. They would also make an effort to follow numerous rules set forth by the Open Network Video Interface Forum. These techniques would enable artificial intelligence to transform video into information that is valuable.

Artificial intelligence can nowadays transform minutes of redundant video footage into data. It enables the investigation of video surveillance trends and patterns.

Today’s security professionals can gain more knowledge from the few minutes of available film that were previously disregarded. It differs from the earlier method of just learning from examples that were manually picked out.

Key Takeaways from Camera Technology Market Study

  • The global camera technology market witnessed a CAGR of 6% in the historical period.
  • The USA camera technology market is expected to be worth US$ 4.0 billion by 2032.
  • China camera technology market is likely to create an absolute dollar opportunity of US$ 4.6 billion by 2032.
  • Japan camera technology market is anticipated to surge to US$ 3.9 billion by 2032.
  • As per technology, the 4K pixel and ultra HD display segment is expected to flourish at 8% CAGR from 2022 to 2032.

“In recent years, the consumer electronics industry has been leading the way in integrating video cameras into smartphones and computers. As photography is becoming highly popular, there is an increasing need for digital cameras. Instead of being printed to film as they were with earlier analogue cameras, images and videos can now be taken and stored digitally with a digital camera.” – Says a lead analyst.

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Competitive Landscape: Camera Technology Market

The global camera technology market is extremely competitive as a result of the presence of companies such as Canon Inc., Sony Corporation, and Nikon Corporation. Market rivals are focusing on new product launches to appeal to niche consumer groups. The smartphone business will likely present the market with fierce competition on a worldwide scale.

For instance,

  • In January 2023, Communications AB introduced its high-speed PTZ camera, the AXIS Q6318-LE. Day/night functionality and IR illumination are features of the new camera. It has a 1/2″ sensor with a high 4K UHD resolution and a 31x optical zoom. The reasonably priced camera makes it simple to deploy and create long-distance connections thanks to fiber connections & PoE capabilities. Two temperature zones on the camera can be used to reduce energy consumption. It is especially useful when the camera is powered by batteries or solar panels.

Key Companies Profiled are Axis Communications AB, Bosch Security Systems, Flir Systems Inc., Infineon Technologies AG, Nikon Corporation, Occipital Inc., Panasonic Corporation, Pelco Incorporated, Apple Inc., Sony Corporation, Red Digital Cinema Camera Company

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Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the camera technology market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

The study reveals extensive growth in the camera technology market in terms of component (microcontrollers & microprocessors, sensors, integrated circuits), technology (advanced camera tools technology, depth sensing technology, infrared thermal technology, 4K pixel & ultra HD display technology, scientific CMOS image sensor technology), application (consumer electronics, robotics & gaming, media & entertainment, automotive, healthcare, defense & aerospace, industrial), and region.

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Camera Technology Market Outlook by Category

By Component:

  • Microcontrollers and Microprocessors
  • Sensors
  • Integrated Circuits
  • Other Components

By Technology:

  • Advanced Camera Tools Technology
  • Depth Sensing Technology
    • Time of Flight
    • Structure Light
  • Infrared and Thermal Technology
  • 4K Pixel and Ultra HD Display Technology
  • Scientific CMOS Image Sensor Technology

By Application:

  • Consumer Electronics
  • Robotics and Gaming
  • Media and Entertainment
  • Automotive
  • Healthcare
  • Defense and Aerospace
  • Industrial

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Demand from Chemicals and Textile Industries to Fuel Defoamers Market Growth to USD 2,077.3 million by 2033

According to the research conducted by FMI, the global defoamers industry garnered revenue of around USD 1,342.9 million in 2022. The global market size is expected to augment at a healthy CAGR of 4.1% over the forecast period from 2023 to 2033. The global market is anticipated to be valued at USD 1,396.5 million in 2023 and reach a market valuation of USD 2,077.3 million by the end of 2033.

The growth of the market is attributed to the expansion of various industries contributing to the market revenue for the past several years. These industries include agrochemicals, pharmaceuticals, chemical industry, textile, and leather tanning among others. The growth of the key end-use industries is expected to benefit the global market. Furthermore, the market witnessed a comparatively lower demand from the key end-use industries which had an impact on the overall market. Considerable growth is witnessed in the chemical industry combined with textile and paints and coatings, which is expected to boost the demand over the projected period.

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There are changes taking place in the market over the forecast period owing to the shifting global economic and industrial factors. These factors comprise water treatment, chemical industry growth, specialty chemical demand, and others. As per the half-yearly analysis of industry growth, geographical tensions, changing regulatory scenarios, global recession, trade restrictions, and others resulted in the loss of 20 BPS points in the first half of 2022 as compared to the earlier projections. Furthermore, the pulp and paper industry is considered a primary consuming end-use industry for the compound. During the flu season, industries of defoamers were gravely impacted. The impact was seen in various industries including construction materials, paints, coatings, textiles, and chemical formulation.

The global defoamers market is anticipated to bolster over the projection period attributing to the increase in demand from industries including pulp and paper, water and wastewater treatment, and paints and coatings. In addition to that, silicone defoamers are likely to register significant growth across the assessment period. The rising focus on quality in the process industries is propelling demand. On the basis of geography, East Asia is estimated to dominate the market owing to the presence of numerous end users.

Key Takeaways in Defoamers Market

  • Owing to the rising demand for clean water to efficiently meet the needs of the growing global population, defoamers are playing a significant role. They are witnessing a significant rise due to their cost-effectiveness, and they are also used to treat large reservoirs of water to make it safe for reuse.
  • The surging number of industries and other consequent issues of treating industrial wastewater discharge into natural water resources combined with stringent policies by governments are key factors influencing the market growth. This awareness has led to higher sales of defoamers due to their anti-microbial nature.
  • Ever-changing trends in the beauty and personal care industry, have led to an increase in demand for defoamers. Moreover, associated chemical processing requirements have also led to a surge in demand for defoamers attributed to their wide range of applications in toiletries, cosmetics, and hair care products.
  • Prominent manufacturers are working on expanding their global presence by setting up new sales offices and technical service labs all over the world. Europe is considered the second largest regional market supported by the presence of manufacturers and ease of availability in terms of raw materials. Accounting for the past five years, numerous developments in the market have taken place, and key players in the market are planning to introduce new products for the end user applications to cater to the requirements of the industries.

Competitive Landscape in the Defoamers Market

Surging investments in research for the development of novel offerings are expected to play a crucial role in market growth. Key players in the market are widely investing in the diversification of their portfolio to meet industry-specific needs while decreasing process costs and environmental impact with minimal toxicity.

Prominent market players are focusing on propelling their production capacities to meet global demand while consuming less energy and minimizing carbon emissions without compromising on product quality.

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Defoamers Market Players

  1. BASF SE
  2. Dow Chemical Company
  3. Evonik Industries
  4. Kemira Oyj
  5. Buckman
  6. Air Products and Chemicals Inc
  7. Accepta
  8. Ecolab Inc. (Nalco)
  9. Ashland Inc
  10. Synalloy Chemicals
  11. Blackburn Chemicals Limited

More Insights into the Defoamers Market

A significant rise can be witnessed in research and development along with the rapid expansion of production facilities combined with new investments in the Asia Pacific region are likely to be of benefit. The lower costs and easy availability of raw materials are yet other factors bolstering the Asia Pacific market. Applications in the food and beverage, paints and coatings, pulp and paper, and chemical sectors will create significant opportunities for emerging manufacturers.

Key Segments

By Product Type:

  • Powder
  • Silicone
  • Oil
  • Emulsion
  • Polymer

By Medium of Dispersion:

  • Aqueous
  • Solvent

By Application:

  • Chemical Formulation
  • Textiles
  • Construction Materials (cement, mortar, grouts, etc.)
  • Paints and Coatings
  • Pulp and Paper
  • Food Processing
  • Pharmaceuticals
  • Household and Personal Care
  • Water and Wastewater treatment

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia and the Pacific
  • Europe
  • 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 E-Commerce and Construction Sectors Fuel India Kaolin Market Expansion, Projected to Grow at 4.4% CAGR

The India kaolin industry demand is anticipated to reach a valuation of USD 95.3 million in 2023, driven by rising government investments and support. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.4% between 2023 and 2033, and reaching a total valuation of approximately USD 146.6 million by 2033.

One of the primary factors driving the growth of the India kaolin market is the increasing industrialization and infrastructure development. India’s rapid industrialization and infrastructure development are significant catalysts for the growth of the kaolin market. The demand for kaolin as a raw material for paints, coatings, adhesives, and construction materials is expected to surge, with ongoing initiatives like “Make in India” and extensive investments in sectors such as construction, manufacturing, and automotive.

The construction sector in India is experiencing remarkable growth, driven by urbanization, commercial developments, and government initiatives like affordable housing schemes. Kaolin plays a vital role in the production of paints, coatings, adhesives, and sealants, making it an indispensable component in the construction industry. The rising demand for these construction materials is expected to fuel the growth of the kaolin market.

The paper and packaging industry in India is witnessing significant growth due to the rise of e-commerce, food delivery services, and the education sector. Kaolin serves as a filler and coating material in the paper industry, enhancing its strength, printability, and brightness. The kaolin market is anticipated to benefit from the expanding paper and packaging sector, with the increasing demand for paper-based products.

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Shifting preferences towards organic and natural products is another factor that is expected to have a significant impact on the market growth. In recent years, there has been a notable shift in consumer preferences towards organic and natural products. Kaolin, being a naturally occurring mineral, aligns well with this trend. It is considered a safe and sustainable ingredient in various organic and natural product formulations. The demand for kaolin in cosmetics, personal care, and pharmaceuticals is expected to witness significant growth, as consumers increasingly seek eco-friendly alternatives.

Another factor contributing to the market growth is the rising ceramics industry. Kaolin’s extensive use in the ceramics industry is another major growth driver. Kaolin is an essential component in the production of ceramics, including tableware, sanitaryware, construction tiles, and decorative items, with its properties such as whiteness, fine particle size, and plasticity. The growing demand for ceramics in both domestic and international markets will fuel the demand for kaolin, contributing to market expansion.

Key Takeaways from the Market Study

Increasing construction and infrastructure activities, across the country is a major factor that is expected to propel the growth of the India kaolin market in the near future, remarks an FMI analyst.

Competitive Landscape

Prominent players in the India Kaolin market are-

  1. EICL Limited
  2. MLA Group of Industries
  3. Prash Minerals
  4. M/S Garg Minerals & Chemicals
  5. Ashok Mineral Enterprises
  6. Ashapura China Clay Co. LLP
  7. Shree Ram Minerals
  8. Srinath Enterprises
  9. Mona Exim Inc.
  10. Vulcan Ceramics Co. Pvt. Ltd.
  11. Kalpana Minerals Pvt. Ltd.
  12. 20 Microns Ltd.
  13. Kerela Ceramics Ltd.
  14. Sudarshan Minerals & Industries

Recent Developments

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More Valuable Insights Available

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

To understand opportunities in the India kaolin market, the market is segmented on the basis of product type (crude kaolin, calcined, hydrous, surface modified, delaminated, and levigated), by end-use (cement, ceramics & sanitary, paints & coatings, paper & glass, pesticide & refractory, and others), across four major regions (North India, South India, East India, and West India).

Key Segments Profiled In India Kaolin Market

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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Enterprise Manufacturing Intelligence Market Projected to Surge from $4.0 Billion in 2022 to $13.8 Billion by 2032

The global emergency shutdown system market is estimated to earn around $2 billion by 2022. Sales of emergency shutdown systems are estimated to increase at an 8.1% CAGR during the forecast period. By 2032, the global market for emergency shutdown systems will be valued $4.4 billion.

Emergency shutdown solutions continue to be frequently used in the oil and gas sector. According to Future Market Insights, the oil and gas business will increase at a 7.9% CAGR between 2022 and 2032.

Emergency shutdown systems have become essential instruments for improving safety in a range of industries. They help industry cut deaths and increase worker safety. The global market is being pushed by increased utilization in industries such as power generation, oil, and gas.

To significantly lower the likelihood of an uninvited incident, an emergency shutdown system is a system or procedure that stops application operations and isolates from inbound connections or currents.

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There is an increase in demand for natural resources such as oil and gas to meet the world’s growing energy needs. Oil and gas consumption has significantly increased recently, and they are important to the world economy.

By 2026, the demand for crude oil is forecast to reach around 104 million barrels per day, up from about 99 million barrels per day it was in 2018. With the increase in demand for crude oil, it is projected that oil production will increase as well.

The widespread use of emergency shutdown systems in the oil and gas industry to prevent oil spills that could harm the environment will fuel demand for advanced emergency shutdown systems.

There is a rise in the construction of thermal and nuclear power plants worldwide. This is due to the rising demand for energy. In around 30 nations, about 440 nuclear reactors are operating.

Rising demand for emergency safety systems as a result of nuclear energy’s extremely dangerous nature and the risk it poses to both the environment and people will boost the global market.

Key Takeaways from the Emergency Shutdown System Market Report:

“Growing safety concerns across power generation and oil & gas sectors will boost the market. Further, implementation of stringent safety regulations will bode well for the market,” – says a lead analyst at Future Market Insights (FMI).

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Who is Winning?

ABB Ltd, Rockwell Automation Inc, Emerson Electric Co., HIMA Paul Hildebrandt GmbH, Versa Products Company Inc., Honeywell International Inc., Nov Inc., General Electric Company, Yokogawa Electric Corporation, Schneider Electric SE, Siemens Aktiengesellschaft, and Winn-Marion Companies are leading emergency shutdown system manufacturers profiled in the report.

These key players are focusing on launching new reliable emergency shutdown systems. They are also adopting merger & acquisition strategy as well as forming alliances and partnerships.

Global Market Segmentation:

By Component:

By Control Method:

By Industry Vertical:

By Region:

More Insights Available:

Future Market Insights, in its new offering, presents an unbiased analysis of the emergency shutdown system market presenting historical market data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.

The study reveals extensive growth in the emergency shutdown system market in terms of component (switches, sensors, programmable safety systems, safety valves, and actuators), control method (pneumatic, electrical, fiber optic, and hydraulic), and industry vertical (oil and gas, refining, power generation, metal and mining, and paper and pulp) across several regions.

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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:      

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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Dimethylolpropionic Acid (DMPA) Market Demand Surge: Coatings & Adhesives Drive Projected USD 974.5 Million Valuation by 2023

The global dimethylolproprionic acid (DMPA) market share is worth USD 524 Million as of now and is expected to reach USD 974.5 Million by the year 2033 at a CAGR of 6.4% between 2023 and 2033.

Electrodeposition facilitates coatings’’ low-cost production, that too, with higher performance standards being maintained, thereby improving the material’s functional properties. It’s also used at a larger scale in various electrical appliances like HVAC systems.

The present scenario is such that dimethylolpropionic acid is broadly used in producing and processing water-soluble resins. It’s generally applied in various aqueous urethane dispersions for generating waterborne, high-gloss coatings possessing exceptional flexibility and toughness. The coatings are used in several applications owing to their characteristics like higher resistance to abrasion and heat, proper adhesion, low toxicity from lower emissions of hazardous air pollutants and volatile organic compounds, and low flammability. The automotive and construction verticals are slated to keep the cash registers ringing for dimethylolpropionic acid (DMPA) market in the near future.

Polyurethane dispersion is being asked for by verticals like furniture, fiberglass, adhesives & sealants, leather, and likewise.

At the same time, the fact that polyurethane dispersion could result in environmental hazards can’t be ignored. Plus, raw materials related to the production of DMPA are subject to price fluctuations. Propionaldehyde and formaldehyde are broadly used in producing dimethylolpropionic acid.

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The factors mentioned above could restrain the dimethylolpropionic acid market going forward.

Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Dimethylolpropionic Acid (DMPA) Market’ with its team of analysts and consultants going for a bottom-up approach in primary, secondary, and tertiary modes of research.

“With growing demand for electrodeposition coatings, the global dimethylolpropionic acid (DMPA) market is expected to grow on an irrevocable note going forward”, says an analyst from Future Market Insights.

Key Takeaways from Dimethylolpropionic Acid (DMPA) Market

Competitive Landscape in Dimethylolpropionic Acid (DMPA) Market 

Key Companies Profiled

  1. Geo Specialty Chemicals, Inc.
  2. Perstorp Specialty Chemicals AB
  3. Henan Fianfu Chemical Ltd.
  4. Jiangxi nancheng Hongdu Chemical Technology Development Co., Ltd.
  5. Shenzhen Vtolo Chemicals Co. Ltd.
  6. Lemman Laboratories International Co.,Ltd
  7. Biosynth Carbosynth
  8. Yigyooly Enterprise Limited
  9. Jiangxi Selon Industrial Co., Ltd.

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What does the Report encompass?

Segmentation of Dimethylolpropionic Acid Industry Research

By Application:

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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North America Chitosan Market Set to Reach USD 44 billion by 2033: Driven by High Demand in Pharmaceuticals & Water Treatment

According to Future Market Insights, the market is expected to incline at a CAGR of 14.6% during the forecast period. The North American chitosan market share is anticipated to attain a valuation of USD 11.2 billion in 2023 and is expected to reach USD 44 billion by 2033.

The chitosan market in North America holds a significant share, driven by increasing utilization in countries like the United States and Canada. The growing demand for wastewater treatment is also fuelling the market. Furthermore, the increasing need for potable water in countries like Canada and the United States is expected to further boost the demand for chitosan in North America during the forecast period.

The market growth is fuelled by the growing waste from the seafood industry, the expanding applications of chitosan, and government support for waste utilization. Additionally, the market is benefiting from the rising adoption of Chitofelx as a hemostatic dressing due to its anticoagulant properties. Moreover, the increasing demand for bio-based cosmetic products is driving the global market growth.

The demand for chitosan in wastewater treatment is rising as countries in North America seek solutions for obtaining drinkable water. Areas with heavily contaminated water bodies are experiencing a growing need for chitosan. Governments are actively promoting the benefits of chitosan in wastewater treatment, and developing countries have stringent regulations in place, further driving the growth of the chitosan market.

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Efforts made by manufacturers and researchers to enhance purity and meet product standards are anticipated to create opportunities for both existing and new market players in the projected period. Moreover, the increasing demand for chitosan as a pharmacological agent with antibacterial, anti-cancer, anti-inflammatory, and anti-fungal properties is expected to drive market demand throughout the forecast period.

Key Takeaways

“Increasing demand of chitosan for water treatment is expected to drive market growth during the forecast period,” comments an FMI analyst.

Competitive Landscape

The North America Chitosan market is intensely competitive, with several key industry players investing heavily in providing these services.

The key industry players are

Some recent developments in the market are:

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

To understand opportunities in the North America chitosan market, the market is segmented on the basis of source (shrimp, crab, and others) and application (water treatment, personal care, pharmaceuticals & biomedical, food & beverages, agrochemicals, and others) across two countries (United States and Canada).

Key Segments Profiled in the North America Chitosan Industry Survey

Source:

Application:

Country:

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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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Enterprise Manufacturing Intelligence Market Projected to Surge from $4.0 Billion in 2022 to $13.8 Billion by 2032

The global Enterprise Manufacturing Intelligence Market was valued at US$ 4.0 billion in 2022 and is predicted to grow rapidly, reaching US$ 13.8 billion by 2032. This considerable growth is expected to be driven by a robust Compound Annual Growth Rate (CAGR) of 13.3% between 2022 and 2032.

The many characteristics that an EMI software should include are: Aggregation of data from many sources Developing a data structure paradigm that enables users to easily search for information, Allow people to analyze data, especially between production locations. Providing a visual representation of data, typically in the form of a dashboard. Data transmission from the production floor to enterprise-level systems.

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Key Takeaways

Drivers and Opportunities Manufacturing intelligence technology has emerged as a pivotal tool, enabling comprehensive monitoring of entire factory infrastructures through advanced data analytics. This technology empowers businesses to gain deep insights into equipment performance and asset effectiveness. It identifies inefficiencies and aids in informed decision-making.

In today’s dynamic business landscape, the ability to have real-time visibility into factory floor operations has become imperative. This visibility equips enterprises to make agile and well-informed decisions. The market’s growth is further fueled by the increasing complexity of supply chains, distributed operations, and the diverse nature of data being generated.

Another significant driver is the adoption of digital technologies within manufacturing facilities, ushering in the era of Industrial Revolution 4.0. Technologies such as the Internet of Things (IoT) and digital transformation tools are being seamlessly integrated, offering substantial advantages to businesses. Integration of big data and GPS monitoring is revolutionizing supply chain management, enabling data-driven planning, and providing a competitive edge in handling supply, demand, and logistical challenges.

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Competitive Landscape – Regional Trends The competitive landscape of the Enterprise Manufacturing Intelligence Market is witnessing a paradigm shift as organizations across various regions embrace digital technology to enhance, automate, and modernize their workflows. This digital transformation is particularly pronounced in the context of Industry 4.0. Companies are increasingly leveraging IoT and other transformative technologies to gain a competitive edge. Big data and GPS monitoring are becoming instrumental in modernizing supply chains, enabling organizations to stay ahead in the fiercely competitive industrial sector.

Restraints Despite the promising growth prospects, the Enterprise Manufacturing Intelligence Market faces challenges associated with the complexity of data integration and the need to adapt to rapidly evolving technology. Addressing these challenges will be essential for businesses looking to harness the full potential of manufacturing intelligence.

Region-wise Insights – Category-wise Insights Regionally, the adoption of Enterprise Manufacturing Intelligence solutions varies, with North America and Europe leading the way in embracing Industry 4.0 technologies. Meanwhile, Asia-Pacific is rapidly catching up, driven by a growing manufacturing sector and increasing investments in digital transformation. In terms of categories, the integration of IoT and data analytics is witnessing substantial growth across various industries, including automotive, aerospace, electronics, and pharmaceuticals.

Global Enterprise Manufacturing Intelligence Market Outlook by Category

By Deployment Type:

  • Embedded
  • Standalone

By Offering:

  • Software
  • Services

By End-use Industry:

  • Process Industry
    • Chemical
    • Energy & Power
    • Food & Beverage
    • Oil & Gas
    • Pharmaceutical
    • Others (Mining & Metals, Paper & Pulp)
  • Discrete Industry
    • Aerospace & Defense
    • Automotive
    • Medical Devices
    • Semiconductors & Electronics

By Region:

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

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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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Quillaia Extract Market Poised for Growth with Projected USD 1.5 Billion by 2032: Rising Demand in Food, Beverage, and Pharmaceuticals Drives Industry Expansion

The global quillaia extract market is on a robust growth trajectory, with a projected market value of USD 877.8 million by 2022, and an anticipated climb to USD 1,513.6 million by 2032. This represents a solid compound annual growth rate (CAGR) of 5.8% from 2022 to 2032. As a key player in the clean label ingredients market, which is estimated to reach USD 38 billion by the end of 2022, quillaia extract is increasingly recognized for its diverse applications and beneficial properties.

Discover Growth Potential: Explore our detailed market research study to identify high-potential sectors and strategic business opportunities.

Versatile Applications Fueling Market Growth

Quillaia extract, commonly known as soapbark extract, is derived from the inner bark of the Quillaja saponaria Molina tree. It contains active ingredients such as saponins, polyphenols, tannins, and sugars, making it a valuable component in various industries. Its primary applications include:

Post-Pandemic Growth and Future Prospects

The quillaia extract market has experienced notable growth post-COVID-19, driven by increased use in the pharmaceutical industry and rising demand for natural ingredients. The extract’s role in reducing cholesterol and enhancing flavor profiles in foods aligns well with the growing consumer preference for clean label and functional ingredients.

Geographical Insights: Key Markets Driving Growth

Segment Analysis: Liquid Quillaia Extract and Nutritional Pet Food

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Competitive Landscape: Strategic Moves and Market Presence

Key players in the quillaia extract market are focusing on strategic acquisitions, joint ventures, and collaborations to expand their market presence. For instance, Berghausen’s sale of its quillaia and yucca business to Naturex has bolstered the product line for food, beverage, and feed markets.

Key Companies Profiled              

Garuda International Inc.; Chile Botanics S.A; Ingredion Incorporated; Baja Yucca Company; Naturex S.A; Alfa Chemicals; Desert King International; Quillaja Green Biosolutions; Givaudan SA; Natural Response S.A.; Others

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
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Website: https://www.futuremarketinsights.com
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Eubiotics Market to Surpass USD 6.3 Billion by 2034: Rising Demand for Holistic Animal Health Solutions and Regulatory Changes Drive Growth

The global eubiotics market sales is on a robust growth trajectory, anticipated to expand from USD 4.5 billion in 2024 to USD 6.3 billion by 2034. With a projected compound annual growth rate (CAGR) of 6.9% over the next decade, the market is gaining momentum due to increased awareness of animal health and nutrition, regulatory changes, and technological advancements.

Eubiotics: A Key Player in Animal Health

Eubiotics, including prebiotics, probiotics, and organic acids, are gaining substantial traction in the animal health industry. These feed additives are critical for maintaining optimal animal health, enhancing growth, and improving productivity across diverse production systems. The adoption of eubiotics is aligned with a broader shift toward holistic and preventive animal health solutions, addressing various challenges faced by modern livestock production.

Discover Growth Potential: Explore our detailed market research study to identify high-potential sectors and strategic business opportunities.

Growing Demand for Sustainable and Natural Solutions

One of the driving forces behind the market growth is the rising consumer preference for sustainable and natural feed solutions. Eubiotics, as part of this trend, offer significant benefits without contributing to antibiotic resistance. With increasing regulatory pressure to reduce antibiotic use in animal agriculture, eubiotics provide a viable and responsible alternative, aligning with global efforts to combat antibiotic resistance.

Moreover, the shift towards health-conscious and ethically produced animal products is driving demand for eubiotics. Consumers and producers alike are seeking products that ensure animal welfare and improve food safety, which further bolsters the market for eubiotics.

Technological Advancements and Market Expansion

The market’s expansion is supported by technological innovations, including advancements in spore-forming probiotics and encapsulation techniques. These innovations enhance the efficacy and bioavailability of eubiotic formulations, making them more appealing to both manufacturers and end-users.

The global eubiotics market is witnessing significant investments in research and development, aimed at optimizing feed formulations and developing new product offerings. This ongoing innovation is expected to drive market growth and open new opportunities for players in the sector.

Regional Insights: Europe and Emerging Markets

Europe is poised to maintain a leading position in the eubiotics market, driven by stringent food safety regulations and a strong focus on animal welfare. The region’s commitment to sustainable and natural alternatives positions it as a significant player in the global market.

In contrast, emerging markets such as India, China, and regions in Asia Pacific are also experiencing rapid growth. In India, the market is expected to achieve a CAGR of 9.8%, driven by increasing meat consumption and regulatory compliance. China is projected to grow at a 5.9% CAGR, while Germany leads Europe with an impressive 11.5% CAGR. These regions are witnessing heightened adoption of eubiotics due to expanding agricultural sectors and growing awareness of animal health.

Opportunities and Challenges

Despite the promising growth outlook, the eubiotics market faces challenges, including strict regulatory barriers and high production costs. However, these challenges present opportunities for players to invest in education and awareness programs about eubiotics’ benefits. By addressing these issues and leveraging advancements in research and technology, the industry can overcome barriers and capitalize on emerging opportunities.

Strategic Investments and Industry Dynamics

Leading companies in the eubiotics market, such as Cargill Inc., BASF SE, Koninklijke DSM N.V., and Novozymes, are actively engaging in strategic investments, including mergers, acquisitions, and partnerships. These initiatives are aimed at expanding product offerings, enhancing distribution networks, and improving market presence.

Noteworthy developments include Novus International’s acquisition of BioResource International and the introduction of the Scale Up™ program at PorciFORUM 2023. These moves reflect a commitment to innovation and customer-centric solutions, reinforcing the market’s growth trajectory.

Leading Eubiotics Brands

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Key Segments of Market Report

By Type:

Based on type, the sector is divided into probiotics, prebiotics, organic acid, essential oil, and enzymes.

By Form:

The eubiotics market segmentation includes dry and liquid based on the form.

By Function:

In terms of function, the industry is categorized into nutrition and gut health, yield, and immunity.

By Livestock:

By livestock, the industry is segmented into cattle, poultry, swine, aquaculture, and others.

By Region:

Analysis has been carried out in key countries of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

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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