White Charcoal Powder Market to Expand at 3.6% CAGR, Reaching USD 1,207.87 Million by 2033

The global White Charcoal Powder market is projected to achieve a valuation of USD 848.069 million by 2023, with growth accelerating at a CAGR of 3.6% from 2023 to 2033. By 2033, the market size for White Charcoal Powder is anticipated to reach USD 1,207.87 million, reflecting its increasing demand and market expansion.

White charcoal powder originates from Japan and is made from Ubame Oak, a tree known for its exceptional strength and hardness. It is characterized by its odorless, black color with a subtle white hue. The powder’s surface features numerous tiny pores that facilitate the absorption of chemical substances such as oil, impurities, and dust.

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White charcoal powder is extracted through a meticulous process involving heating the wood of the Ubame Oak tree at temperatures exceeding 1000 °C. It is then rapidly cooled using a mixture of damp earth, ash, and sand before being crushed into a fine powder. This unique preparation method enhances its ability to absorb chemicals effectively.

Due to its exceptional chemical-absorbing properties, white charcoal powder finds extensive applications in hair care and personal care products like soaps, shampoos, cosmetics, and body scrubs. These products leverage its purifying and cleansing qualities, making it ideal for sensitive skin and hair treatments.

White charcoal powder exhibits significant growth potential due to its versatile applications. Widely utilized in regions like Asia Pacific and Japan, its adoption has contributed to substantial market demand. If similar practices are embraced in other regions, it could spur global market expansion.

Competitive Landscape

Leading White Charcoal Powder producers are substantially funding the creation of new, enhanced White Charcoal Powder. The goal of research and development is to identify the best techniques that will provide a higher output with more nutrients. Thus, research and development are crucial in the White Charcoal Powder market.

Some of the market participants in the global White Charcoal Powder identified across the value chain include Premier Specialties, Inc., Essentials by Catalina, Inc., GetWhite, VIETGO CO., LTD, boscia, LLC, and Immaculate Organic Soaps among others.

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White Charcoal Powder Market by Category

By Nature:

  • Organic
  • Conventional

By End Use:

  • Personal care
  • Hair Care
  • Food Industry
  • Healthcare
  • Textile
  • Others

By Extraction Method:

  • Brick kiln process
  • Mechanical process

By Region:

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

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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Trend Analysis: Global Natural Flavors Market Predicts Significant Growth, Reaching USD 12070.20 Million by 2032

The global natural flavors market size is anticipated to amass a revenue of USD 12070.20 million by 2032, rising from USD 6400 million in 2022. The market is set to register a positive and restored CAGR of 6.6% from 2022 to 2032. Historically, the market for natural flavors registered an average CAGR of 4.1% from 2017 to 2021. Escalating demand for clean-label products and increasing industrialization in the food sector are responsible for the growth of the natural flavors market during the forecast period.

The prevailing health-conscious trends across the globe have emphasized the importance of staying hydrated. As a result, more and more people are becoming aware of the advantages of staying hydrated. This factor fuels the adoption of natural flavors across the beverage sector. In addition, rising end-use applications across various sectors will further aid the expansion of the natural flavors market in the upcoming years.

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Increasing demand for healthier and specialty beverages like fruit juices, sugar-free beverages, sports drinks, and functional drinks augurs well for the market. Growing concerns regarding lifestyle diseases like obesity, diabetes, hypertension, and others along with ongoing health trends are bolstering the demand for the natural flavor market as the demand for healthy beverages will surge over the upcoming years. Furthermore, the increasing adoption of natural flavors in order to enhance the experience is expected to stimulate market growth. Flavor and appearance are key to the success of any new food product. Thus, these sensory characteristics are primary aspects that numerous brands focus on which will have a positive influence on the natural flavors market.

More and more consumers are focusing on adopting sustainable sources and using clean-label products which are projected to underpin the growth of the natural flavors market. The increasing awareness of the origin of food items among consumers is driving the demand for sustainable sources of food products. Again, greater food safety and hygiene awareness highlight the need for clean-label products.  Overall, heightened demand for beverages and functional drinks, coupled with all of the aforementioned factors will drive the growth of the natural flavors market during the forecast period.

Key Takeaways:

  • High prices of production and inconsistencies in government regulations will likely limit the growth of the natural flavors market during this period of observation.
  • In 2022, North America accounted for 34.3% of the global natural flavors market share and is expected to continue to display strong growth over the assessment.
  • The natural flavors market in the US will witness immense demand owing to the rising popularity of organic and vegetarian products.
  • Greater awareness of the dangers of consuming synthetic or artificial food products will strengthen the prospects of the natural flavors market.

Competitive Landscape 

Firmenich SA, Givaudan, Cargill, Tate & Lyle PLC, International Flavors & Fragrances Inc., Sensient Technologies Corporation, Associated British Foods plc, and Corbion N.V.,  among others, are some of the key players in the natural flavors market profiled in the full version of the report.

Leading market players are concentrating on product innovation and the launch of novel products. These firms employ strategic mergers, acquisitions, collaborations, and alliances. Many of the participants adopt state-of-the-art production techniques and develop new distribution channels to gain the upper hand.

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Key Segments

By Form:

  • Powder
  • Liquid

By End Use:

  • Food & Beverages
    • Processed Foods
    • Instant Food Products
    • Soups
    • Sauces and Dressings
    • Bakery & Confectionary
  • Foodservice (Horeca)
  • Beverages
  • Others (Infant Formula, Sports Nutrition)
  • Pharmaceuticals
  • Cosmetic & Personal Care

Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa(MEA)
  • Europe

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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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Worldwide Pasta and Noodles Market Anticipates USD 117,861.7 Million Valuation by 2034

The global pasta and noodles market size was USD 81,910.2 million in 2023. Over the next ten years, the demand for pasta and noodles is forecasted to rise at a CAGR of 3.4%. By following this moderate growth rate, the overall market value is expected to reach USD 117,861.7 million by 2034 from USD 84,203.6 million in 2024.

The global demand for pasta and noodles is increasing due to their convenience, which aligns with consumers’ busy lifestyles. These dishes are becoming popular as versatile staples that are easy to prepare and adapt to various cooking methods. Additionally, pasta and noodles provide an affordable option without compromising on flavor or enjoyment, making them a favored choice for meals at any time.

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“The global demand for pasta and noodle products surged during the pandemic, and this change in consumer behavior is expected to drive the market. Many new market payers have also started targeting region-specific consumers by experimenting with different combinations of ingredients and flavors popular in the local trends,” – FMI analyst.

Key Takeaways from the Global Pasta and Noodles Market Study Report

  • The United States dominates the market in North America and is forecasted to grow at a 3.2% CAGR over the forecast period.
  • The European market is expected to be driven by the rising sales of pasta and noodles in the United Kingdom. The market is expected to rise at a 4.9% CAGR through 2034.
  • China is regarded as a global supplier of pasta and noodles, and its regional market is expected to grow at a 4% CAGR till 2034.
  • India is emerging as a lucrative market for sales of pasta and noodles in recent years, with an estimated CAGR of 4.4% from 2024 to 2034.

Competitive Landscape for Pasta and Noodles Market Players

The overall market is diversified and highly competitive owing to the presence of a great number of pasta and noodles suppliers at various levels. Established players promote their brand by giving customers access to seasonal and limited-edition pasta and noodle options in response to holidays, seasons, or festivals.

Key Players Profiled in the Pasta and Noodles Market Report

  • Barilla Group S.p.A.
  • Delverde Industrie Alimentari S.p.A.
  • Nestlé SA
  • ITC
  • The Kraft Heinz Company
  • Unilever PLC
  • Toyo Suisan Kaisha, Ltd.
  • General Mills, Inc.
  • Nissin Foods Holdings Co., Ltd.
  • Grupo La Moderna
  • Campbell Soup Company
  • Bionaturae LLC
  • TreeHouse Foods, Inc.
  • Ebro Foods, S.A.
  • De Cecco Company
  • Pastas Gallo Company
  • Jovial Foods Inc.
  • Windmills Organic
  • Borges International Group

Recent Developments by the Pasta and Noodles Market Players

  • In June 2021, Caulipower LLC declared to launch a new frozen pasta product line that is made entirely of cauliflower and is free of gluten. Caulipower also claims that their linguine and pappardelle variants of this new pasta have half the sugar content of conventional pasta and 48% more fiber compared to other popular gluten-free pasta products.
  • In January 2023, WickedGud, a D2C health food business, introduced instant noodles that are created with the benefits of oats, lentils, whole wheat, and brown rice. This new product line of nutritious instant noodles is produced without the use of edible vegetable oil, palm oil, or palm olein and is 100% free of artificial chemicals. The company has currently released three distinct seasoning ranges, i.e., curry, schezwan, and masala for the Indian market. Furthermore, the company claims to have prepared this novel product using the revolutionary SCAD (steaming and convection air drying) technology.

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Key Segments Covered in Pasta and Noodles Industry Report

By Product Type:

  • Dried
  • Instant
  • Frozen & Canned

By Ingredient:

  • Wheat
  • Rice
  • Quinoa
  • Lentils
  • Buckwheat
  • Oats
  • Alternative flours

By Distribution Channel:

  • Business to Business (B2B)
  • Business to Consumers (B2C)
    • Hypermarkets/Supermarkets
    • Discount Stores
    • Wholesale Stores
    • Grocery Stores
    • Specialty Food Stores
    • Online Retail Channels
    • Other Distribution Channels

By Packaging Format:

  • Flexible Packaging
  • Rigid Plastics
  • Paper and Board Packaging
  • Rigid Metal Containers

By Nature:

  • Organic
  • Conventional

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • Middle East and Africa (MEA) Market

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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Crude Sulfate Turpentine Market Expected to Surge at 5.0% CAGR, Reaching USD 947.8 Million by 2033

The crude sulfate turpentine market is expected to value at USD 563 million by 2023. The whole market value is estimated to reach USD 947.8 million by 2033, expanding at a CAGR of 5.0% between 2023 and 2033.

The crude sulfate turpentine market is predicted to expand significantly due to rising demand for bio-friendly goods. Crude sulfate turpentine is in high order due to its numerous applications, particularly in solvents, adhesives, and thinners in the chemical sector.

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Increasing Need for Crude Sulfate Turpentine in the Automotive Industry

Due to its many beneficial qualities, including its outstanding chemical, solvent, abrasion, and adhesive properties, crude sulfate turpentine is widely utilized in the automobile industry for car refinishing paints. Consequently, the expanding automotive sector is anticipated to increase demand for crude sulfate turpentine and propel market expansion.

Crude Sulfate Turpentine is Used a Lot in Thinner

The most common usage of crude sulfate turpentine is as paint thinner in decorative and domestic coatings. Turpentine was once used to light printer ink. Still, as industry demand has grown, it has started to be utilized as a diluent or solvent for various goods, including modified or natural binders, paints, resins, oils, and polishes.

Increasing Need for Crude Sulfate Turpentine in the Paint & Coatings Sector

Various end-user applications for crude sulfate turpentine in the paint and coating sector, such as its use as binders or film formers in paints and coatings, are expected to drive the market’s growth rate from 2023 to 2033.

During the forecast period, factors such as increasing paper production, rising demand for bio-friendly products across a variety of industries, availability of low-cost raw materials, and rising demand for fragrance ingredients, which previously primarily required crude sulfate turpentine—are anticipated to boost the market growth significantly.

Price fluctuations in raw materials

The volatility of crude raw material prices affects the supply of raw materials to manufacturers, who are forced to boost the pricing of their crude sulfate turpentine to compensate for market losses. These key factors impede crude sulfate turpentine demand and limit market expansion.

Regional Outlook

Due to the existence of significant exporters, North America has become a prominent regional crude sulfate turpentine market. It continues to hold a hegemonic status.

Europe had a substantial market share and is expected to grow. The strong demand for natural ingredients in cosmetics and personal care products fuels this trend. Strong personal care manufacturing bases may be found in nations like the United Kingdom, France, and Germany, which suit the crude sulfate turpentine industry.

The rapidly expanding regional market in the Asia Pacific is driven by rising consumer demand for cosmetics and personal care products in developing nations like China and Japan. China, the world’s top turpentine producer, uses indigenous production facilities to meet a sizable amount of its domestic crude sulfate turpentine demand.

Key Takeaways

  • The United States might increase its market share by 18.7% between 2023 and 2033.
  • Between 2023 and 2033, Germany may hold 3.0% of the crude sulfate turpentine industry.
  • Japan’s share of the crude sulfate turpentine industry could reach 3.3% between 2023 and 2033.
  • Australia to hold a 2.7% share of the crude sulfate turpentine market from 2023 to 2033.
  • During the forecast period, China crude sulfate turpentine business to expand at a CAGR of 7.4%.
  • From 2023 to 2033, the United Kingdom crude sulfate turpentine industry registered at a 17.7% CAGR.
  • Through 2033, the Indian crude sulfate turpentine market is likely to record a CAGR of 3.6%.
  • The alpha-Pinene segment of the product type category is predicted to have a market share of 52.6% by 2033.
  • The oil segment is to hold a heavy market share of 89.9% in the form category between 2023 and 2033.
  • The Beta-Pinene segment is to acquire a substantial market share of 18.8% in the product type category between 2023 and 2033.
  • The Sulfate Distilled sector to grab a significant market share of 63% in the processing category between 2023 and 2033.

Competitive Landscape

The crude sulfate turpentine manufacturers are drastically lowering manufacturing costs while maintaining sustainability by using renewable feedstock and renewable leftovers from other industries as beginning raw materials. The main goal of the new competitors is to offer a successful method of rectifying crude sulfate turpentine.

In addition to applying biotechnology to create hybrid trees and improved forest management practices to generate crude sulfate turpentine, producers are concentrating on sourcing sustainable raw materials.

Novel Advancements

Acquisition

In May 2022, Weyerhaeuser Company successfully acquired 80,800 acres of timberlands in North and South Carolina for US$ 265 million.

Partnership

In May 2022, Kraton Corporation partnered with Tree-Nation to plant pine trees, emphasizing their commitment to sustainability and offsetting CO2 emissions.

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Key Segments

By Product Type:

  • Alpha-Pinene
  • Beta-Pinene
  • Camphene
  • Limonene
  • 3-Carene
  • Terpinolene

By Source:

  • Powder
  • Oil

By Processing Method:

  • Steam Distilled
  • Destructively Distilled
  • Sulfate Distilled
  • Sulfite Distilled

By Application:

  • Printing Industry
    • Paints
    • Printer’s Ink
  • Veterinary Medicine
    • Stimulant Diuretic
    • Anthelmintic
    • Carminative
    • Expectorant
  • Cosmetics and Personal Care
    • Fragrances
    • Cosmetics Products
    • Massage oils and Aromatherapy
  • Tires Industry
  • Plastic industry
  • Rubber Industry
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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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Antimicrobial Car Care Products Market to Hit USD 341.8 Million by 2030, Driven by Rising Vehicle Hygiene Focus

A new Future Market Insights (FMI) study suggests that the global antimicrobial car care products industry is set to expand at a robust CAGR of 7.3% during the forecast period of 2022 to 2030. The rising prevalence of antimicrobial and antiviral cleaning solutions coupled with the adoption of advanced technologies in car care products are projected to shape the growth of the antimicrobial car care products market.

The ongoing COVID-19 pandemic is anticipated to have a significant impact on the demand-side trend of antimicrobial car care products in the near future. The pandemic has highlighted the importance of maintaining hygienic and sanitized environments to stay protected from deadly viral infections. This elevated awareness will boost the usage of antimicrobial car care products over the following decade.

Onset of COVID-19 pandemic is anticipated to play a significant role in driving the need for sanitizing and cleaning solution in residential and commercial spaces as well as in public and private commute. The escalated sense of prevention of infectious diseases will steer the adoption of antimicrobial car care products.

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Key Takeaways from Antimicrobial Car Care Products Market Study

  • Awareness among consumers regarding health and hygiene due to increasing cases of nosocomial infections and outbreaks of life-threatening diseases is projected to propel the demand for antimicrobial car care products through 2030.
  • Advancements in car care technologies along with innovations such as bio-based, and anti-infectious cleaning solutions are likely to maintain the positive trend of the market.
  • Widespread adoption, easy availability, low cost, and product awareness of fabric and surface cleaners make them the most sought-after product type.
  • The expanding passenger car fleet continues to attract significant attention from stakeholders.
  • The strong foothold of the automotive industry as well as the history of epidemics in the region are driving the antimicrobial car care products market in East Asia.

Antimicrobial Car Care Products Market: Participant Insights

Key manufacturers in the antimicrobial car care products market, like Biocote Ltd, 3M Company, Microban International, Sanitized AG, and Biopledge LLC are focused on strengthening their product portfolio and expanding their manufacturing capabilities to keep up with increasing demand in the market.

Key Companies Profiled

  • Biocote Ltd.
  • 3M Company
  • Microban International
  • Sanitized AG
  • Clean Control Corporation
  • Adam’s Polishes
  • GardGroup Inc.
  • Ziebart International Corporation
  • Biopledge LLC
  • Dow Chemical Company
  • Clariant AG, Addmaster (UK) Ltd.
  • Clorox Professional Products Company
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Antimicrobial Car Care Products Market by CategoryBy Type:

  • Fabric & Surface Cleaners
  • Foam Cleaners
  • Coating Shield

By Vehicle Type:

  • Passenger Cars
  • Commercial Cars

By Sales Channel:

  • Online
  • Offline

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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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Colloidal Silica Market Boosted by Rising Adoption in Chemical Mechanical Planarization and Personal Care Products

Colloidal silica is finding immense use in the electronics & semiconductor industry, wherein, it plays a critical role in the production of ultra-flat, uniform, and low-detection surfaces for semiconductors.

The global colloidal silica market was valued at USD 252.0 Million in 2022 and is projected to expand at a CAGR of 3.9% during the forecast period (2022 to 2030).

Moreover, colloidal silica is used as a rough surface remover and as a polishing additive. It is extensively used for electropolishing to remove microscopic layers of metal particles from surfaces.

In addition, the growing electronics & semiconductor industry in South and East Asia is expected to drive the colloidal silica market over the decade ahead. Paints & coatings and paper & pulp industries are also expected to pave the way for market growth in the coming years.

A significant portion of the revenue of the colloidal silica market is realized from the electronics & semiconductors industry. However, this industry is likely to witness a decline in the near term due to the coronavirus (COVID-19) pandemic that is spreading across the world. The onset of the pandemic has resulted in travel bans and isolations, uncertainties in the stock market, and massive disruption of the supply chain. As such, the pandemic would adversely impact the global electronics & semiconductor industry, and, in turn, hamper the growth of the global colloidal silica market.

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“Colloidal silica is gaining prominence as a chemical excipient in the pharmaceutical sector for synthesizing tablets such as paracetamol and animal medicines. Players in the colloidal silica market targeting pharmaceutical applications will be better placed for outsized returns.”

Key Takeaways from Global Colloidal Silica Market Study

  • Acidic colloidal silica would remain sought-after, owing to its increasing application in electronics and semiconductors.
  • In terms of consumption, Europe and North America are prominent regions; countries such as Belgium, the US, the Netherlands, Spain, Germany, France, and Italy are prime consumers of colloidal silica.
  • The electronics & semiconductor industry would be the key revenue generator in the colloidal silica market, while the paints & coatings industry is offering growth avenues.
    Top-line growth of the global chemical industry is expected to augur well for the colloidal silica market.
  • Colloidal silica is extensively used for investment casting as a slurry on base coatings such as zircon flour, and zircon sand, thus, offering further impetus to market growth over the coming years.

Competitive Landscape

Players such as Nouryon Holding BV, Evonik Industries AG, Cabot Corporation, W. R. Grace & Co., Ecolab Inc., Merck Global, and The Dow Chemical Company have invested strategically in the colloidal silica market in the recent past, suggesting that, major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming years. In addition, manufacturers such as Nouryon Holding BV and Evonik Industries AG are strategically increasing their market footprint by expanding their customer base in other regions. R&D, coupled with expansion of production capacity and footprint, remains the differentiating strategy followed by colloidal silica manufacturers to enhance productivity and capture new market opportunities.

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East Asia to Offer Lucrative Growth Opportunities

East Asia is anticipated to hold a prominent share in the global colloidal silica market, owing to flourishing electronics and semiconductor industries in the region. Manufacturers are focusing on developing products as per end-use applications. Colloidal silica is also significantly used in the production of water-based coatings. Manufactures are thus tapping this opportunity, given increasing preference to water-based solvents in the paints & coatings industry.

Looking for More Information?

The report on the colloidal silica market, published by Future Market Insights, brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data of 2015-2021 and forecast statistics for 2022-2030. The study offers insightful information on the global colloidal silica market based on various categories – product type and application, across seven regions. This study highlights key players who are well-known market vendors, and have proven themselves as key shareholders in the global colloidal silica market.

Colloidal Silica Market by Category

By Product Type:

  • Alkaline Colloidal Silica
  • Acidic Colloidal Silica
  • Modified Colloidal Silica
  • Ordinary Colloidal Silica

By Application:

  • Pulp & Paper
  • Metals & Metallurgy
  • Electronics & Semiconductors
  • Chemicals
  • Paints & Coatings
  • Building & Construction
  • Textiles & Fabrics

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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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Oil and Gas Pipeline Coating Market Poised for 5.4% CAGR Growth: Enhanced Regulations and Safety Standards Drive Demand

With the aging infrastructure, the need to replace existing pipelines has spiked. As a result, the demand for pipeline coating will likely spur, driving prospects for leading oil and gas pipeline coating companies. The increasing focus on pipeline replacement generates more demand for allied industries, fueling the growth.

The global oil and gas pipeline coating market growth valuation and size will likely reach USD 8.9 billion by 2034. Different growth drivers will likely elevate the market valuation from USD 5.3 billion, measured in 2024, at a CAGR of 5.4% during the forecasted era.

Government regulations mandating close monitoring and control of oil and gas pipelines to prevent leakage have significantly influenced the market. This has led to the formulation of various coats and paints to prevent pipeline damage. With increased investments in coating formulations and the support of key industry players, the oil and gas pipeline coating market is expected to expand, driven by these regulatory measures.

The growing technological infrastructure is not just a trend but a catalyst for innovation in the sector. The changing formulations of materials are creating new opportunities for industry expansion in various verticals, painting a promising future for the global oil and gas pipeline coating market size and share.

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The escalating demand for oil and gas, driven by a rapidly growing global population, is a key factor fueling the oil and gas pipeline coating market growth. The ability of the sector to meet such surging energy demands through efficient transport is a testament to the adaptability of the market and the potential for growth.

Key Takeaways from the Market Study

“The price volatility of oils and gases due to geopolitical instability might affect the cash flow of the industry, containing the global oil and gas pipeline coating market size and share,” says an FMI analyst.

Competition Outlook

Leading oil and gas pipeline coating companies expand using strategies like acquisitions, mergers, product innovation, and diversification. New entrants might be required to focus on product differentiation to stand out in the sector.

The following recent developments are shaping the market:-

Leading Oil and Gas Pipeline Coating Brands

BASF SE, LyondellBasell Industries N.V., 3M, Sherwin-Williams Company, PPG Industries, Inc., Koninklijke DSM N.V., Akzo Nobel N.V., Arkema S.A., RPM International Inc., Axalta Coating Systems, Shawcor, Wah Seong Corporation Berhad, Chase Corporation, The Jotun Group, Teknos Group, Borouge, Seal for Life Industries, LLC, and Jining Xunda Pipe Coating Material Co., LTD are key competitors in the ecosystem.

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Future Market Insights offers an unbiased oil and gas pipeline coating market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

The market is segmented by Coating Type (Fusion Bonded Epoxy, Polyurethane, Coal Tar Enamel, Concrete, Polyolefin, and Others), By Formulation Base (Water Based, Solvent Based, and Powder Based), By Application (Upstream, Onshore, Offshore, Midstream, and Downstream), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and The Middle East and Africa).

Oil and Gas Pipeline Coating Market- Key Segments

By Coating Type:

Based on the type of coating used for the pipeline, the sector is classified into Fusion Bonded Epoxy, Polyurethane, Coal Tar Enamel, Concrete, Polyolefin, and Others.

By Formulation Base:

Depending on the chemical formulations of coatings used for pipelines, the sector is segmented into water-based, solvent-based, and powder-based coatings.

By Application:

Upstream, Onshore, Offshore, Midstream, and Downstream are key applications of coatings, and therefore, the industry is classified into such sub-segments.

By Region:

North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and The Middle East and Africa are the key contributing regions to the industry.

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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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Surging Demand for Surface Finishing Boosts Mass Finishing Consumables Market to US$ 288.7 Million by 2029

Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. The mass finishing consumables market in North America is anticipated to hold a market share of 18.7% by the end of 2029.

Future Market Insights (FMI) study, the global demand for mass finishing consumables industry is projected to be valued at USD 206.8 Million by the end of 2022, demonstrating moderate growth at a less than 5% CAGR during the forecast period, 2022 to 2029.

The USA is projected to account for approximately 67.5% of the North America mass finishing consumables market in 2029. In 2022, the market is expected to grow by 4.9% year-on-year, reaching a valuation of USD 26.1 Million by the end of 2022, and is anticipated to hold a market share of 12.6% in the global mass finishing consumables market share by 2029.

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A list of Key Players Covered in the Mass Finishing Consumables Market Are:

  • Rösler Oberflächentechnik GmbH
  • Norican Group
  • Sintokogio, Ltd.
  • Washington Mills
  • Kramer Industries Inc.
  • OTEC Präzisionsfinish GmbH
  • Abrasive Finishing Inc.
  • UM Abrasives Co.
  • Vibra Finish Company
  • Walther Trowal LLC

Key Takeaways – Global Mass Finishing Consumables Market

  • Non-metallic abrasives provide more contact area during the finishing process than metallic ones, thus enabling the dimensions of parts to stay intact. Furthermore, non-metallic abrasives are best suited for both wet and dry applications. This leads to the growing preference for non-metallic abrasives (ceramic, plastic, and porcelain) over metallic abrasives (such as steel).
  • Ceramic and plastic mass finishing consumables are estimated to account for more than 70% of total mass finishing consumables worldwide.
  • Plastic mass finishing consumables are generally recommended for use with softer metals, such as aluminium, brass, and zinc.
  • Use of fixtures is an upcoming trend. This process increases the flow of media onto the component surface, thereby contributing to an increased finishing action.

New entrants in the global mass-finishing consumables market can benefit by penetrating emerging economies in East Asia, where substantial growth is seen in the manufacturing sector.

Implementation of digitization and automation technologies over conventional technologies in the production line, product innovation, and footprint expansion remain key strategies followed by mass finishing consumables manufacturers to enhance productivity and capture new market opportunities.

Reducing Third-party Dependence on Finishing Services to Propel Market Growth

Sustainable growth of investment in the manufacturing sector is expected to play a key role in driving the growth of the mass finishing consumables market across the globe. From the perspective of end-use industries, surface finishing is used in almost every industry for cleaning and refurbishing metallic and non-metallic parts.

End users are dependent on third-party service providers, which increases production costs and negatively impacts profitable margins.  The high cost involved influences such end-users to opt for in-house surface and finishing technologies and to enhance productivity along with reducing cost and time.

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A new market report on mass finishing consumables published by Future Market Insights brings to the fore a pinpoint analysis of the market and offers comprehensive information with historical demand data for 2014 – 2021 and forecast statistics for 2022 – 2029. The study offers insightful information on the global mass finishing consumables market based on various categories – media type (ceramic, plastic, steel, aluminium oxide, and others), application (deburring, pressure deburring, grinding, polishing, and ball furnishing, among others), and end-use industry (automotive, aerospace, machine tooling, general manufacturing, construction, healthcare, and jewellery & accessories), across seven regions.

Mass Finishing Consumables Market

Key segments

By Media Type:

  • Steel
  • Ceramic
  • Plastic
  • Aluminum Oxide
  • Others (Wood, Agro-based, Special Plastic, Porcelain)

By Application:

  • Deburring
  • Pressure Deburring
  • Grinding
  • Polishing
  • Cleaning & Degreasing
  • Descaling, Corrosion & Rust Removal
  • Ball Furnishing
  • Surface Finish & Refinement

By End-use Industry:

  • Automotive
  • Aerospace
  • Construction
  • Machine Tooling
  • General Manufacturing
  • Jewellery and Accessories
  • Healthcare

By Region:

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

About Future Market Insights (FMI)

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

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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Viscosity Index Improver Market Growth Driven by High-Performance Lubricants and Industrial Expansion in Developing Nations

Demand for viscosity improvers has significantly advanced in past years, with yearly global consumption reporting by 2.3%. Rapid urbanization and industrialization are to blame for the market boom. Engines, machinery, and other items cannot function without lubricants. By lowering the friction between any two moving parts, they elevate operating efficiency and minimize power or energy loss. They also reduce maintenance expenses by preventing friction-related equipment wear and strain.

Future Market Insights’ new survey estimates that the viscosity index improver market revenue is anticipated to be worth US$ 4.06 billion in 2024 and is projected to reach US$ 5.39 billion by 2034, witnessing a CAGR of 2.90% from 2024 to 2034.

The demand for specific types of lubricants has significantly increased due to the need for efficient operation of various automobile components such as the engine, transmission, and differential gearbox. Each of these components requires specific types of lubricants to function accurately.

The global surge in the automobile industry, especially in developing economies, is a significant factor backing lubricant sales. This is due to rising disposable income, improved living standards, and easy financing access. This, in turn, has boosted the demand for automobiles and lubricants in China and India.

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Viscosity improvers also allow for the creation of multigrade oils, eliminating the need for seasonal oil changes. Low-viscosity oils can be thickened with viscosity index improvers, extending their lubricating properties over a larger temperature range. The automotive industry is the largest consumer of lubricants, as engine temperatures change dramatically during driving. The demand for lubricants is significant as they serve the following purposes:

The viscosity of lubricating oil is the most important factor influencing its consumption. Viscosity index improvers (VIIs) are added to lubricants to prevent motor oil/lubricant from evaporating. These additives improve the quality of the base stock under various operating conditions and help machines meet high-performance standards.

“The VIIs market is likely driven by rising automotive sales, particularly in the Asia Pacific region, which is raising demand for high-performance lubricant additives like viscosity improvers. Unorganized players, such as local and grey market players, compete fiercely with major lubricant manufacturers, offering products created in-house under their brands. This competition limits multinational players’ opportunities to grow their market share and restricts their investment in regional markets.” says an analyst of Future Market Insights.

Key Takeaways from the Viscosity Index Improver Market Report

Competitive Landscape of the Viscosity Index Improver Market

Innovative disruptors that spend in research and development to offer more practical solutions are the new rivals in the viscosity index improvers industry. In order to satisfy consumer demand and create new development prospects, manufacturers have redirected their attention to developing countries.

Main companies are concentrating on research and development, introducing new goods, and expanding their manufacturing capabilities. There is competition in the industrial lubricants sector, and some businesses are focused on internet sales. Small businesses are essential because they convert inputs into outputs and adjust to changing market conditions. An abundance of startups fuels the industry’s expansion and vibrancy.

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Recent Developments in the Viscosity Index Improver Market

Key Companies in the Viscosity Index Improver Market

Key Segments of the Viscosity Index Improver Market

By Product Type:

The industry can be classified into polymethacrylate (PMA), ethylene propylene copolymer (OCP), hydrostyrene diene copolymer (HSD), polyisobutylene (PIB), and others.

By Application:

Viscosity index improvers find applications as vehicle lubricants, industrial lubricants, and transmission fluids.

By Region:

The industry is examined throughout key regions, including North America, Latin America, Europe, East Asia, South Asia, and Oceania, as well as 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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Vulcanization Accelerators Market to Reach USD 2,301.6 Million by 2029 Amid Rising Industrial and Automotive Demand

Future Market Insights (FMI) has forecasted the vulcanization accelerators industry size to grow with a year-on-year growth of 3.8% in 2022 reaching a value of about US$ 1,708.1 Million by 2022 end. The global business is anticipated to witness a considerable CAGR of 4.3% during the period of 2022 and 2029.

Rubber is used extensively in industrial products such as rubber belts, rubber buckets, rubber pads, rubber lining, rubber rollers, and rubber mats, among various other products. Apart from these, rubber finds key application in the manufacturing of medical products such as condoms, surgical gloves, stoppers, tubes, cushioning or supporting materials, breathing bags, implants, prosthetics and catheters, etc. Thus, growing rubber consumption in medical and industrial sectors is estimated to surge the demand for vulcanization accelerators.

The latest study published by Future Market Insights (FMI) on the Vulcanization Accelerators Market incorporates the global industry analysis for 2014 – 2021 and market opportunity assessment for the forecast period of 2022 – 2029. The market study divulges decisive insights and offers exhaustive market analysis for the historical as well as forecast periods. As per the market assessment in the report, the global vulcanization accelerators market is estimated to witness substantial growth due to growing demand from the tire industry.

Apart from tires, rubber is also used in other automotive parts such as wiper blades, engine mounts, seals, hoses, and belts. Growing automotive production will elevate the manufacturing of automotive rubber parts and components. Thus, increasing the consumption vulcanization accelerators.

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Key Companies Profiled

  1. Lanxess AG
  2. NOCIL LIMITED
  3. Sumitomo Chemical Co., Ltd.
  4. Arkema
  5. Eastman Chemical Corporation
  6. KUMHO PETROCHEMICAL
  7. Emerald Performance Materials
  8. King Industries, Inc.
  9. Duslo, a.s
  10. Jing Xian Yuelong Metal Rubber Products Co., Ltd.
  11. Willing New Materials Technology Co., Ltd.
  12. Shandong Stair Chemical & Technology Co., Ltd.
  13. Shandong Yanggu Huatai Chemical Co., Ltd.
  14. Kemai Chemical Co., Ltd.

East Asia to Represent Significant Opportunities for Manufacturers

Japan and China are few of the leading tire manufacturing countries. China is assessed to be a prominent tire producer. Presence of companies such as Yokohama Rubber Company and Bridgestone Corporation, makes Japan a substantial tire manufacturing country. In addition, China’s auto industry has witnessed significant growth in the recent years, leading to subsequent increase in the tire production. However, fluctuating raw material prices due to trade wars and oversupply of materials are affecting local manufacturers.

Besides, imposition of stringent regulations on tire exports from European countries and the U.S is expected to create further problems for tire manufacturers. However, East Asia is estimated to be a prominent market for vulcanization accelerators, due to increasing sales of passenger and commercial vehicles and rising demand for replacement tires.

Increasing population, improved standards of living, and increasing electric vehicle production will upsurge the demand for tires in East Asia, which will positively influence the growth of the vulcanization accelerators market. Further, increased emphasis on high quality medical and industrial rubber products is expected to propel the demand for vulcanization accelerators in the region.

Thiazoles and Sulfonamides Remain Prominent Product Choices

The global vulcanization accelerators market has been categorized on the basis of product and application, along with regions.

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Vulcanization Accelerators Market: Manufacturer Insights

According to the FMI analysis, the global vulcanization accelerators market is moderately consolidated with global and regional players playing key roles. The global vulcanization accelerators market report shades light on few of the key industry players in the global market.

FMI study finds that the automotive industry slowdown in the past few months has changed the situation. However, government initiatives, tax cuts, and subsidies will continue to drive the growth of the automotive sector, and subsequently of the vulcanization accelerators market. Also, the increasing demand for vulcanized rubber in the manufacturing of industrial & medical rubber goods is expected to raise the demand for vulcanization accelerators.

Vulcanization Accelerators Market By Category

By Product Type:

By Application:

By Region:

About Future Market Insights (FMI)

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

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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