Rising Personal Care Industry and Technological Advances Propel Silicone Fluids Market to US$ 9.7 Billion by 2032

The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, Says FMI. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

Silicone fluids are used for hydrophobic treatment of mineral wool and glass. Silicone fluids can also be modified due to their chemical functionalization. The two common ways in which silicone fluids are modified are either attaching long alkyl chains or functionalizing silicone fluids with organic polymers.

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Silicone Fluid Market: Drivers & Restraints

An increase in demand from end-user industries such as textile, cosmetics, toiletries, pharmaceutical, etc. is expected to drive the global silicone fluid market. In addition, the rise in construction activities, increasing investment across end-user industries, and its excellent heat-resistant properties, thermal stability, and solubility are expected to further drive the demand for the silicone fluid market by 2032 end. The surface tension of silicone fluids is low, thus making them preferable for applications where greater spreading power and surface activity are required. Silicone fluids have very little viscosity change over a wide range of temperatures and have almost no adverse effect on metals and other materials, hence have an increasing demand over a wide range of applications.

Silicone Fluid Market: Region-wise Outlook

Currently, APAC serves as a large market for silicone fluid due to the flourishing infrastructure sector and increasing per capita income. APAC is expected to continue its market leader position during the forecast period followed by Europe and North America. Rising infrastructure activities are expected to open new market avenues in APAC, particularly in India and China. Currently, Europe is the second-largest market for silicone fluid. The Middle East & Africa silicone fluid market is still at a nascent stage. However, emerging countries such as the UAE and Brazil are expected to have a significant market share in the respective regions.

Silicone Fluid Market: Key Players

Some of the key market participants in the global silicone fluid market are

  • Chemie AG
  • Bluestar Silicones
  • Momentive Specialty Chemicals Inc.
  • Shin-Etsu Chemical Co. Ltd. and Dow Corning Corp.
  • ACC Silicones
  • KCC Basildon
  • Gelest Inc.
  • Siltech Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies and by vehicle type.

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Key Segments Profiled in the Silicone Fluids Industry Survey

Type:

  • Straight Silicone Fluid
    • Dimethyl Silicone Fluid
    • Methylphenyl Silicone Fluid
    • Methylhydrogen Silicone Fluid
  • Modified
    • Reactive Silicone Fluid
    • Non-Reactive Silicone Fluid

End Use Industry:

  • Agriculture
  • Energy
  • Homecare
  • Personal Care
  • Textiles
  • Pharmaceuticals
  • Other End Use Industries

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

About Future Market Insights (FMI)

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

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North America Leads as Global Aerogel Industry Demand Surges, Set to Hit US$ 7.5 Billion by 2032

Due to technological advances in this area, North America led the world market, followed by Asia Pacific. The global aerogel industry is estimated to be US$ 1.5 billion by 2022 and forecasts annual growth of 17% worth US$ 7.5 billion through 2022 to 2032.

The global aerogel market is on the rise due to increased applications of aerogel in industries such as oil & gas, marine, automotive, and aerospace. Aerogel is an extremely low-density solid material, mainly composed of air, and is manufactured using conventional gel. The global aerogel market consists of materials exhibiting numerous properties, making it suitable for the applications in aforementioned industries. These properties include thermal & acoustic damping, low density, high degree of porosity, and other desired properties in various applications industries. In addition to the abundant uses of aerogel in industrial applications, one of the key reasons for the increasing global aerogel market is due to the fact that the material is being witnessed as a good replacement for thermal insulation materials since it provides cost competitiveness to other high-performance thermal insulating materials.

Aerogel Market: Drivers & Restraints

The increasing demand for aerogels by end users such as oil & gas, automotive, marine & aerospace, etc. is driving the global aerogel market. Growing globalization leading to an increase in investments, new establishments for construction, and properties of aerogel such as high insulation, being cheap, and abundant availability of the raw material are some of the factors driving the growth of the global aerogel market. High production cost is the major challenging factor for the growth of the global aerogel market.

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Aerogel Market: Segmentation

Within these applications, the oil & gas industry accounts for a leading share of the global aerogel market. Among other applications, wherein significant growth is likely to be witnessed are automotive and construction applications, wherein thermal insulation properties of aerogel material are being exploited.

These different types of aerogel are being utilized in the global marketplace, wherein polymer type of aerogel is expected to witness the highest growth in coming years. In terms of market share, the global aerogel market has been dominated by silica-type aerogel, which is likely to continue its dominance through the forecast period as well.

The global aerogel market is dominated by the blanket form of aerogel, which is widely used for thermal insulation applications across industries. The global aerogel market is expected to witness tremendous growth in the particle form of aerogel, which is expected to contribute towards the growth in demand for aerogel in the global aerogel market during the forecast period.

In terms of processing, within the global aerogel market, virgin aerogel is witnessed to be the dominating processing segment. This is due to the fact that virgin aerogel is free from composites and additives, which enables its applications in research & development activities. Further virgin aerogel is accompanied by high commercial availability in the global aerogel market.

Aerogel Market: Region-wise Outlook

The global aerogel market has witnessed increased growth in the North American region, which accounts for a leading share of the global aerogel market. Followed by North America, the Asia-Pacific excluding Japan (APEJ) region accounts for the second leading region in terms of aerogel consumption across the globe, which is due to the high amount of consumption in China. However, the European market is likely to be the leading region, in terms of annual growth, in years to come.

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Aerogel Market: Key Players

The global aerogel market is dominated by major players such as Cabot Corporation, Aerogel Technologies LLC, Aspen Aerogels, Inc., and BASF SE, to name a few.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies and End-use industries.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments Profiled in the Aerogel Industry Survey

Product Type:

  • Silica Aerogel
  • Polymer Aerogel
  • Carbon Aerogel

Application Industry:

  • Aerogels for Oil & Gas
  • Aerogels for Marine & Aerospace
  • Aerogels for Performance Coating
  • Aerogels for LVHS
  • Aerogels for Day-Lighting
  • Aerogels for Automotive
  • Aerogels for Construction

Form:

  • Monolith Aerogel
  • Blanket Aerogel
  • Article Aerogel
  • Panel Form Aerogel

Processing:

  • Virgin Processed Aerogel
  • Fabricated Aerogel

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

About Future Market Insights (FMI)

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

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T: +1-845-579-5705
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Flexographic Inks Market Thrives on Packaging Industry Growth and Enhanced Product Shelf-Life

With the escalating interest of packaging manufacturers to introduce attractive packaging, the demand for flexographic ink is also increasing as there is an overall heightened demand for printing inks. The robust development of the packaging industry is because of high demand from the end-user industry, enabling product presentation & differentiation, market competition, and improvement of the shelf-life of the product. These factors also have a positive impact on the target market. The advancing packaging sector is generating the most demand for flexographic printing ink.

The global flexographic ink industry is projected to present significant growth during the forecast period. These inks are transferred by the process of flexography and are mainly used in the printing of packing materials such as paper bags, cardboard boxes, corrugated cardboard, Plastic bags, labels, food packaging, newspapers, catalogs, and many others. The target market is primarily driven by the thriving expansion of the packaging sector. Other factors like heightened demand from end-user industries, product presentation, improvement in shelf life, and market competition also propel growth in the flexographic ink market.

Again, the growing demand for printing ink in packaging application goods like tags and labels, flexible packaging, and folding cartons, will also fuel the global flexographic ink market during the assessment period. Other factors like the increasing commercialization of flexible packaging due to its extensive application in different consumer goods will directly aid the size of the flexographic ink market over the forecast period.

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Also, flexographic ink offers effective drying properties, which deliver an improved and faster printing rate. It also finds usage in high-speed printing processes owing to its propensity to firmly follow the printing surface. Additionally, the rising FDI investments in emerging economies further propel the growth of the target market during the upcoming years.

“Surging demand for packaging ink, as well as the popularity of flexible packaging solutions, are expected to supplement the global growth of the flexographic ink market over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • Commercialization of flexible packaging will improve market prospects.
  • Subjection to strict FDA regulations may stunt market growth during the assessment period.
  • The flexographic ink market in the Asia Pacific region will remain the largest market during 2022-2032.
  • Convenient packaging demands in China, India, and South Korea will propel market growth in the Asia Pacific region.
  • North America, with the U.S. taking the lead, will present several lucrative opportunities to the target market.

Competitive Landscape 

Top Players are

  1. DIC Corporation
  2. Siegwerk Druckfarben AG & Co. KGaA
  3. Toyo Ink SC Holdings Co., Ltd.
  4. Sakata Inx Corporation
  5. Flint Group
  6. T&K Toka Co. Ltd.
  7. The Braden Sutphin Ink Company
  8. Alden & Ott Printing Inks Company
  9. Nazdar Company Inc.
  10. Color Resolutions International

In a highly competitive market, leading market players are focusing on operating at several different levels. These organizations are entering new market spaces to gain a competitive advantage.

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More Insights into Flexographic Ink Market Report

In its latest report, FMI offers an unbiased analysis of the global flexographic ink market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (water-based flexographic ink, solvent-based flexographic ink, UV-based flexographic ink, resin type (nitrocellulose, polyamides, polyurethane, acrylic)), application (flexographic ink for corrugated cardboards, flexographic ink for flexible packaging, flexographic ink for tags & labels, flexographic ink for folding cartons), and region.

According to the latest FMI reports, based on region, the flexographic ink market in the Asia Pacific region will display remarkable growth during 2022-2032. The target market in this region will avail several profitable market prospects particularly due to accelerated demand in China, India, and South Korea. Heightened demand for convenient packaging solutions, the swift growth of the e-commerce industry, and improving standards of living are certain factors that further aid the flexographic ink market growth during the projected period.

The flexographic ink market in North America will also demonstrate impressive growth over the next few years. With the US shouldering the bulk of all regional growth, the target market in this region will benefit from various lucrative opportunities. The United States is one of the major producers of flexographic ink and so North America is expected to undergo substantial growth over the forecast period.

Key Segments Profiled in the Flexographic Ink Industry Survey

Technology Type:

  • Water-Based Flexographic Ink
  • Solvent-Based Flexographic Ink
  • UV-Based Flexographic Ink
  • Resin Type (Nitrocellulose, Polyamides, Polyurethane, Acrylic)

Application:

  • Flexographic Ink for Corrugated Cardboard
  • Flexographic Ink for Flexible Packaging
  • Flexographic Ink for Tags & Labels
  • Flexographic Ink for Folding Cartons

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

About Future Market Insights (FMI)

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

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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Demand Soars for Medical Grade Coatings: Vital Role in Healthcare Equipment Spurs Growth to US$ 19.8 billion by 2033

The medical grade coatings market is expected to reach US$ 7.61 billion by 2023 and reach US$ 19.8 billion by 2033, growing at a CAGR of 10%. Coatings like this are used to enhance the performance and durability of medical devices like implants and catheters. Medical grade coatings have a wide range of applications in the medical industry, making them a rapidly growing market.

With technological advancements, these types of coatings are becoming more popular. Medical devices must meet rigid safety requirements, which are the most important aspect of their design. Medical devices pose quality challenges that aren’t met by other types of products because they combine efficiency, cost, and functionality with sanitary and biocompatibility considerations.

Various medical coatings can be used on a wide variety of devices for a wide range of applications, ranging from lubricants to antimicrobial liquids to water-repellent polymers. All phases of procedures, including check-ups, surgeries, and clinical tests, use medical equipment. With global regulations increasing, companies will require solutions that are cost-effective while meeting their needs, which can only be provided by reliable suppliers who specialize in this field.

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Graphene-based nanocomposites have also been developed recently that can be combined with traditional polymers to create coatings tailored to specific needs in numerous industries, including medicine. In addition to regulatory changes, safety protocols have also been tightened when dealing with biocompatible materials manufactured inside the human body. Recent rapid growth in healthcare infrastructure in emerging markets, such as India and China, is contributing to the growth of the healthcare industry. A large population in these countries also opens up a huge pool of potential customers for manufacturers who are trying to provide medical-grade coatings in these countries.

Key Takeaways

  • By 2022, the medical grade coatings market surpassed US$ 6.68 billion.
  • The United States is expected to emerge as the dominant market in North America, accounting for nearly 90% of total sales.
  • With the increasing focus on healthcare research, the United States will continue to drive growth in the region
  • The United Kingdom experienced a growth rate of 5.4% y-o-y in 2022, driven primarily by an increase in healthcare expenditure
  • European sales are expected to remain strong in Germany and France
  • Keeping up with emerging trends within the industry, key market participants typically invest about 4 to 6% of their revenues in research and development.

“Increasing demand from the medical sector is expected to boost sales of medical grade coatings. Market players will explore options in emerging economies as growth stagnates in predominantly developed countries. A growing healthcare sector and unmet medical needs will provide a favorable environment for manufacturers of medical grade coatings in developing nations”, comments an FMI analyst.

Competitive Landscape

A number of prominent industry players make significant investments in the production of medical-grade coatings.

The top 12 Prominent players are

  1. Medtronic PLC
  2. DuPont
  3. Koninklijke DSM NV
  4. SurModics, Inc.
  5. Specialty Coating Systems Inc.
  6. Precision Coating Co. Inc.
  7. Biocoat Inc., Covalon Technologies Ltd.
  8. Harland Medical Systems Inc.
  9. Hydromer Inc.
  10. Medicoat, Inc.
  11. AST Products Inc.
  12. Aculon Inc.

Market Developments Include:

  • In February 2023, TekCyte developed a chemically bonded biocompatible medical device coating that can be applied to stents and catheters. Implantable devices are therefore less visible to the body’s immune system due to this protective barrier. Designed for easy application to existing metal stents, BIOINVISBLE functions as an invisible coating. Medical device manufacturers will be able to use this coating process to provide a reliable, safe, and drug-free alternative to stents in the future, considering its scalability.
  • In March 2023, SI Group, one of the world’s leading additive suppliers, will display its latest coating solutions at the European Coatings Show (ECS) in Nuremberg, Germany. Among its key coatings brands, the company will exhibit REZICURE co-binders, REZILITE light stabilizers, and ETHANOX antioxidants.

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More Valuable Insights Available

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

To understand opportunities in the medical grade coatings market, the market is segmented on the basis of material, applications, type, formulation, and region.

Key Segments in the Medical Grade Coatings Market Report

By Material:

  • PTFE
  • PVDF
  • Silicone
  • Parylene
  • Metals
  • Others

By Application:

  • General Surgery
  • Cardiovascular
  • Orthopedics
  • Neurology
  • Gynecology
  • Dentistry
  • Others

By Type:

  • Hydrophilic
  • Hydrophobic
  • Anti-Microbial
  • Drug Eluting
  • Others

By Formulation:

  • Solvent Based
  • Water Based
  • Powder Coating

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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.
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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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Future Outlook: Industrial Cleaner Market Poised for Growth to US$ 43.91 billion by 2034 Amid Sector Expansion and Economic Challenges

Future Market Insights forecasts that the industrial cleaner market is likely to see significant growth in the coming years. The projected compound annual growth rate (CAGR) of 5.2% between 2024 and 2034 is expected to propel the market to reach a value of US$ 43.91 billion, indicating a positive outlook for the industrial cleaner industry. In 2024, the market is expected to be worth a staggering US$ 26.20 billion, driven by increasing demand for industrial and institutional cleaning chemicals.

The industrial cleaning method has been completely transformed by recent advancements in cleaning technology. Developing new and sophisticated cleaning solutions has made industrial cleaners more and more successful in getting rid of even the toughest filth and grime. Modern cleaning technologies are revolutionizing the industrial cleaning industry, providing employees with a safer and more sanitary work environment and improving the overall efficiency of industrial facilities.

The need for industrial cleaners has significantly increased due to the rapid rise of the manufacturing sector and industrialization. The demand for effective and efficient cleaning solutions has grown as businesses expand their operations and manufacturing facilities. As a result, several industrial cleaners have been created to address the different kinds of filth, grime, and pollutants that are frequently found in manufacturing and industrial environments.

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The need to maintain good standards of cleanliness and hygiene in the workplace has increased due to the current emphasis on health and safety. With the need to properly eradicate dangerous bacteria, viruses, and germs, there is a growing market for high-quality industrial and institutional cleaning chemicals.

“The market for industrial cleaners is experiencing a surge in demand due to environmental concerns. Businesses are adopting environmentally responsible practices to reduce their carbon footprint. This trend drives the demand for safe, effective, eco-friendly cleaning solutions. The demand for these cleaners is expected to continue rising as consumers become more environmentally conscious about their purchasing decisions. The demand for sustainable and eco-friendly cleaning solutions is expected to continue growing as businesses strive to reduce their carbon footprint.” says lead analyst at Future Market Insights

Key Takeaways from the Industrial Cleaner Market 

  • The United States industrial cleaner industry is projected to experience a CAGR of 25.4% through 2034.
  • Germany’s industrial cleaner market is expected to demonstrate a CAGR of 15.8% through 2034.
  • Japan’s industrial cleaner industry is anticipated to see a CAGR of 10.5% through 2034.
  • The India industrial cleaner industry is likely to showcase a CAGR of 8.2% through 2034.
  • China’s industrial cleaner market is expected to display a CAGR of 20.3% through 2034.

Competitive Landscape of the Industrial Cleaner Market

Key Companies in the Industrial Cleaner Market

  • BASF SE
  • Croda International plc.
  • Huntsman Corporation
  • Solvay S.A.
  • Dow Chemical Company
  • Evonik Industries AG.
  • Mitsubishi Chemical Holdings Corporation
  • Akzo Nobel N.V.
  • Clariant AG
  • Ecolab Inc.
  • 3M Company
  • Stepan Company
  • Quaker Chemical Corporation

The Dow Chemical Company is renowned for its cutting-edge cleaning solutions and dedication to sustainability, making significant research and development investments to produce environmentally friendly products. While Ecolab Inc. offers a range of water and energy-efficient cleaning and sanitation solutions, BASF SE provides tailored solutions for industrial clients.

While Solvay SA places a higher priority on sustainability and develops cleaning products with a low environmental effect, Clariant AG places more emphasis on innovation and teamwork. In the next decade, these industrial cleaner industry leaders are expected to keep creating tailored, eco-friendly cleaning solutions that more effectively fulfill changing industrial customer demands.

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Recent Developments in the Industrial Cleaner Market

  • Vapor Fresh Multi-Surface Cleaning Wipes are a new industrial cleaning wipe that Vapor Fresh and Wexford Labs are launching together in September 2023. These wipes provide an alternative to conventional wipes that expose the public to dangerous chemicals like benzalkonium chloride and quaternary ammonium compounds. They are made to raise safety standards in industrial settings.
  • The Pumice Company sold its Pumie brand of abrasive cleaning products to Summit Brands in September 2023, solidifying its position in the industry and creating fresh growth prospects. Pumie is a powerful, non-toxic scouring solution frequently used in the restaurant and professional cleaning industries to eliminate hard build-up.

Key Segments

By Product Type:

  • Acidic Cleaner
  • Optical Effect Products & Stabilizers
  • Surfactants
  • De-foaming Agents
  • Disinfectants
  • Degreasers
  • Deodorizers
  • Refinery Specific Cleaner
    • Decontaminants
    • Spill Cleanup & Others

By End-use Industries:

  • Oil, Gas & Petrochemicals
  • Power Generation
  • Metallurgy
  • Chemicals
  • Food & Beverages
  • Paper & Print
  • Sugar
  • Textiles
  • Other Manufacturing

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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
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Website: https://www.futuremarketinsights.com
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Rising Car Numbers Drive Demand: Car Wash Detergent and Soap Market to Reach USD 16702.2 million by 2034

The car wash detergent and soap market size is estimated to reach USD 10060.4 million in 2024. The industry is expected to grow at a CAGR of 5.2% during the forecast period 2024 to 2034. The sector is projected to reach USD 16702.2 million by 2034.

Car wash detergents and soaps are cleaning solutions intended specifically for removing dirt, grime, and stains from vehicles. They clean the car gently and effectively, taking care not to scratch the paint or finish. These products give all types of vehicles a sparkling and polished appearance while stressing efficiency and environmental safety.

Future Market Insights recently released research on the current and projected performance of the global car wash detergents and soaps market. According to the survey, FMI forecasts a 5% annual increase in sales of car wash detergents and soaps. Presoaks remain the most popular choice among car owners, accounting for more than 35% of total car wash detergent and soap usage. Furthermore, as indicated by the principal findings of the study, domestic players remain the largest stockholders in the global landscape of car wash detergents and soaps.

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A notable growth in fleet size and a continually growing vehicle parc testify to an increasing demand for high-grade car wash detergents and soaps. Given the significantly rising per capita expenditure on car care and servicing, it is more likely that car care goods such as car wash detergents and soaps will see strong demand in the next years. Recent advancements, such as bio-based car wash detergents and soaps, have had a significant impact on the product innovation strategies of car wash detergent and soap makers.

Convenient application and a relatively low price point continue to influence the sales potential of liquid car wash detergents and soaps, whereas the report predicts strong demand growth in the near future for foam-based car wash detergents and soaps that provide a superior quality finish to cars after washing. On the other hand, despite their high price tag, car wash detergents and soaps in gel form are positioned to experience gradually expanding sales because to their long-lasting post-wash effect on cars.

Professional vehicle wash services are preferred by the majority of North American consumers. European regulations, on the other hand, restrict consumers from doing their own car washing, despite growing worries about insufficient water availability. While this highlights the significant impact of variables boosting car wash detergent and soap sales in North America and Europe, the report also positions developing nations to become more profitable for investors in the next years. Analysis of emerging markets shows that customers are increasingly inclined to buy vehicles and spend more on car care and maintenance. A visible move to luxury cars, resulting in a paradigm change from DIY car wash to professional car wash services, is identified as a major trend driving down usage of car wash detergents and soaps in developing countries throughout Asia Pacific, Latin America, and the Middle East and Africa.

Expanding online availability of a wide selection of car wash detergents, soaps, and other car cleaning goods, on the other hand, is expected to continue to entice car owners who still prefer in-house car cleaning. The thriving automotive aftermarket is also expected to be a key driver of the car wash detergents and soaps market in developing areas. Some of the leading firms in the worldwide car wash detergents and soaps market include 3M Company, Kao Corporation, Turtle Wax Inc., and Spectrum Brands Holdings Inc. Aside from the aforementioned businesses, the report examines a few additional established players in the auto care and car wash industry, focusing on special insights into their financial and strategic development profiles.

While market structure study suggests that top firms account for up to 35% of worldwide revenue, a large amount of market value is accounted for by a huge number of domestic players who are focused on product innovation and competitive pricing. Novel formulations based on natural raw materials such as vegetable oils and naturally derived solvents are expected to continue to draw manufacturers’ R&D attention. According to studies, established companies continue to invest in smart acquisitions and cooperation with regional leaders. Long-term contractual ties with domestic/regional firms are more likely to ensure long-term demand for global leaders investing in specialized regional market penetration.

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Key Segmentation

Product Type:

  • Presoaks
  • Foam Detergents
  • Drying Agents
  • Triple Foams
  • Surface Protectants
  • Wheel Cleaners
  • Shampoo

By Sales:

  • Department Stores
  • Supermarkets & Hypermarkets
  • Online Retailing
  • Franchise Outlet
  • Automotive Parts Outlet

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • SEA & Pacific
  • China
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:      

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T: +1-845-579-5705
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Rising Demand in Key Industries Fuels Di-electric Gases Market: Anticipated 7.2% CAGR Through 2033

The Di-electric gases market is predicted to increase at a 7.2% CAGR from US$ 135.2 billion in 2023 to US$ 272.3 billion in 2033.

Advantages offered by di-electric gases over high-risk oils are expected to drive the global market. The product finds diverse applications in gears, transformers, gas-insulated lines, and high-voltage transmission units. It can also aid in reducing the weight and size of high-voltage transmission units. The market is on a positive growth trajectory owing to a global rise in energy consumption.

Rising Application Across Industries Drives Market Growth

The expansion of the construction industry propelled by the residential and commercial sectors is projected to bolster market growth. High energy consumption in the sector, makes it a lucrative market for di-electric gases.

Further, the product is expected to find application in medium voltage substations, owing to an increase in establishments of IT, telecom infrastructure, and HVAC units. Additionally, it finds critical applications in insulation.

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Key Takeaways from the Report:

  • The di-electric gas market recorded a CAGR of 5.9% between 2017 and 2022.
  • In China, the market is expected to grow at a CAGR of 8.2%, to reach a valuation of US$ 61.4 Bn by 2033.
  • The US market is projected to grow at a CAGR of 5.9% to reach a market value of US$ 27.9 Bn by 2033.
  • The market in Japan is expected to register a promising CAGR of 4.0%, growing by US$ 2.5 Bn between 2023 and 2033.
  • By top application, the high voltage segment is expected to grow at a CAGR of 7.4% during the forecast period

Important Market Developments:

  • In March 2022, Enedis and Schneider Electric collaborated to launch an advanced MV/LV substation equipment. This equipment uses an eco-friendly alternative to SF6gas. This new gas variant is highly in demand due to its application in high-voltage electrical distribution.
  • In May 2022, Elsewedy Electric launched the first-ever busway dielectric system facility in Africa. It has features such as high preventive security standards, owing to short circuits, load distribution, and a lower magnetic field.
  • In February 2021, Husqvarna launched a new pole saw, 525 DEPS MADSAW, or Minimal Approach Distances

Key Players:

  • The 3M Company
  • Solvay S.A.
  • General Electric
  • The Linde Group
  • KPL International Limited
  • Matheson Tri-Gas, Inc.
  • Kanto Denka Kogyo Co., Ltd.
  • Showa Denko K.K.
  • ABB Inc.
  • Messer Group GmbH

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Startups & Key Players Keen on Innovations

The industry players are primarily focused on developing eco-friendly alternatives. This has carved out a lucrative space for startups to experiment. New market players can lure consumers through the introduction of eco-friendly products. This is also expected to make up for the lost SF6 market during the forecast period.

Di-electric Gases Market by Category

Gas Type:

  • SF6 Di-Electric Gases
  • Dry Air Di-Electric Gases
  • Nitrogen Di-Electric Gases
  • Fluoronitrile (FN) Di-Electric Gases
  • Fluroketones (FK) Di-Electric Gases
  • Others

By End Use Equipment:

  • Switchgear
  • Transformers
  • Gas Insulated Lines

Application:

  • Medium Voltage
  • High Voltage
  • Extra & Ultra High Voltage

By End Use Industry:

  • Power Utilities
  • Oil & Gas
  • Chemicals & Petrochemicals
  • Heavy Metals
  • Mining
  • Transportation
  • Other Industrial

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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Dental Adhesives Market is expected to grow at a 4.5% CAGR and reach US$3.58 Billion by 2032 | FMI Research Report

Dental Adhesives Market
Dental Adhesives Market

The dental industry is seeing a positive trend in the use of Dental Adhesives, according to a new report by Future Market Insights (FMI), a leading market research firm. The global dental adhesives market was valued at approximately US$2.22 billion in 2021 and is expected to reach US$3.58 billion by 2032, reflecting a steady growth rate of nearly 4.5% annually. This promising outlook suggests a growing demand for dental adhesives in the coming years.

The landscape of restorative and preventative dentistry is undergoing a transformative shift, largely attributed to the advent and widespread adoption of adhesive materials. The introduction of bonding adhesives and the evolution of minimally invasive dentistry have significantly altered perspectives on operative dentistry.

In recent times, there has been remarkable progress in the development of adhesive materials and processes, leading to their increased efficacy in tooth preservation as opposed to extraction. Notably, these advancements are most conspicuous in the realms of conservative dentistry and, more specifically, adhesive dentistry.

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Dentures and denture adhesives are projected to be in higher demand as the number of older patients who lack teeth rises. People who wear dentures frequently use denture adhesives, to attain the required retention and stability while communicating. As a result, these are recommended by dental practitioners to them.

Many prosthodontists have believed that prescribing denture adhesives is a way to make up for any flaws in the fabrication processes. Denture adhesives increase retention, which enhances chewing ability, lessens any instability, offers comfort, and prevents food debris from accumulating under the dentures. As a result, they boost the patient’s satisfaction and sense of security.

Therefore, the adoption of dental adhesives will increase in the coming years and will boost the overall growth of the dental adhesives market.

Key Takeaways from the Dental Adhesives Market Study

Dental Adhesives Market Competition

Key players in the dental industry use several strategies for enhancing the use of more biocompatible and safe dental materials. To obtain this approach, market players have displayed several developments and product launches to provide a comprehensive range of products encompassing minimally invasive dental procedures.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on dental adhesive devices in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032. The global dental adhesives market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The dental adhesives market is segmented into four parts based on the dental adhesives market by product – (denture adhesives, and restorative adhesives), by formulation (creams, powders, liquid, and others), and by distribution channel (hospitals, dental clinics, dental academic, and research institutes, and others), across seven key regions of the world.

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Key Segments Covered in Dental Adhesives Market Research

By Product:

By Formulation:

By Distributional Channel:

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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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Intraoral Scanners Market is expected to grow at a 7.6% CAGR and reach US$1.5 Billion by 2034 | FMI Study

 

Intraoral Scanners Market
Intraoral Scanners Market

The dental industry is getting a digital makeover! The Intraoral Scanners Market is expected to experience significant growth, with a projected market value of US$1.548 billion by 2034. This significant leap represents a substantial increase from the estimated market size of US$744.7 million in 2024. Fueling this growth is a compelling Compound Annual Growth Rate (CAGR) of 7.6% anticipated throughout the forecast period. Intraoral scanners offer a more comfortable and efficient way to capture dental impressions, and this trend is here to stay!

With age, the risk of developing diseases rises correspondingly. The growing older population will spur interest in more advanced medical care facilities, and diagnostic and therapeutic options. The prevalence of age-related disorders is predicted to rise with the rapid global growth in the elderly population.

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The market for intraoral scanners is also being driven by an increase in dental diseases and oral cancer. Regional governments are supporting several research projects that give the healthcare system access to cutting-edge technology, which will advance the industry, and support market growth.

Such governmental aid could encourage the development of novel products and boost the demand within the market throughout the predicted period.
Such advancements are fuelling the demand for 3D imaging of intraoral structures.

Nearly 47.2% of Americans over 30 in the United States have periodontal disease, according to the Centers for Disease Control and Prevention (CDC). Additionally, the growing use of dental prostheses has encouraged the development of innovative dental technology, and the established global healthcare infrastructure is actively encouraging market growth.

Due to the expansion of the market’s supply of licenses and permits, which has broadened the selection of products, intraoral scanners are now more widely available.

Additionally, the need for more advanced diagnostic and therapeutic equipment and facilities will rise as the population ages. It is anticipated that the prevalence of age-related ailments will rise as the global aged population grows significantly.

To promote the sector and provide products that adhere to regulations, businesses in the market are focusing on obtaining regulatory licenses. Because of the increased use of these devices, the market for intraoral scanners will develop.

Key Takeaways from Intraoral Scanners Market Study

“Over the projection period, the intraoral scanners market will experience growth due to rising oral cancer incidence and increased awareness of oral hygiene.” says an analyst of Future Market Insights.

Intraoral Scanners Market Competition

Leading industry players in the intraoral scanners market are focusing on the design, introduction, and approval of innovative products as a way to expand their product offerings and expand their geographic presence.

Intraoral Scanners Market Key Players

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the intraoral scanners market in its latest study, presenting a historical demand assessment of 2017 to 2021 and projections for 2022 to 2032. The global intraoral scanners market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Key Segments Covered in Intraoral Scanners Market Research

By Product:

By Modality:

By End User:

About Future Market Insights (FMI)

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

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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Stethoscope Hygiene Devices Market is predicted to grow at a 6.9% annual rate and reach US$ 91.4 Million by 2032 | FMI

Stethoscope Hygiene Devices Market
Stethoscope Hygiene Devices Market

According to a new report by Future Market Insights (FMI), the market for the Stethoscope Hygiene Devices Market is expected to reach an impressive US$91.4 million by 2032. That’s a significant jump from the estimated US$47.4 million the market was worth in 2022. This surge reflects a growing focus on infection control in healthcare settings, with a projected Compound Annual Growth Rate (CAGR) of a healthy 6.9% over the next decade.

The surge in the market is attributed to the escalating demand for stethoscope hygiene equipment, primarily fueled by the increasing healthcare needs of the ageing population. As the elderly seek primary diagnosis for a spectrum of chronic diseases, the demand for sophisticated stethoscopes has witnessed a significant upswing.

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According to the Centres for Disease Control and Prevention, people over the age of 65 are more likely to acquire serious health problems such as heart disease, the flu, chronic obstructive pulmonary disease, asthma, and other ailments.

According to the World Ageing 2019 report, there were around 703 million adults aged 65 years or older worldwide in 2019, with this figure anticipated to quadruple to 1.5 billion by 2050. This demographic transition is anticipated to increase stethoscope usage, which may raise the requirement for good stethoscope hygiene maintenance. This increase in demand may benefit the market for Stethoscope Hygiene Devices.

However, the market is now hampered by a lack of knowledge and experience in stethoscope disinfection. Increasing knowledge of good stethoscope hygiene could be a crucial area for development, as it can help maintain hygiene standards.

As the use of stethoscopes grows, so will the need for and production of Stethoscope Hygiene Devices, creating a profitable growth opportunity for the market.

Key Takeaways from Stethoscope Hygiene Devices Market Study

“Rising demand for stethoscope use due to increasing geriatric population, and rising rates of nosocomial infection proliferation, are set to propel the sales of Stethoscope Hygiene Devices across the globe,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

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Stethoscope Hygiene Devices Market Competition

There are only a few new and existing players operating in the Global Stethoscope Hygiene Devices Industry, which is highly concentrated. To capture that market, businesses are launching new products in various geographical locations.

Stethoscope Hygiene Devices Market Key Companies Profiled

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Key Segments Covered in Stethoscope Hygiene Devices Market Research

By Product:

By Usage:

By End User:

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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

Contact Us:      

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