Wet Vacuum Cleaner Market: Poised for a 5.0% CAGR by 2032, Powered by Innovation and Wider Adoption

Wet Vacuum Cleaner Market
Wet Vacuum Cleaner Market

The wet vacuum cleaner market is poised for a clean sweep, with a projected Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. This surge is expected to propel the market value to a spick-and-span US$ 2.51 billion by 2032, up from US$ 1.54 billion in 2020. Several factors are driving this growth, including advancements in technology, improved functionalities, and the introduction of compact and user-friendly models.

Wet Vacuums: Making a Splash in the Cleaning Industry

  • Wet vs. Dry: A Clear Winner: Wet vacuums are surging in popularity due to their clear advantage over traditional vacuums. They tackle both dry debris and liquid spills, making them a versatile cleaning tool.
  • Tech Upgrade, Sales Spike: Innovation is driving sales! Advancements in technology have enhanced the functionality and usability of wet vacuums, particularly in commercial settings.
  • Space Boom, Cleaning Boom: The rise of commercial spaces creates a growing demand for efficient cleaning solutions. Wet vacuums fit the bill perfectly.
  • Reaching Every Corner: Distribution channels are expanding, with online platforms, hypermarkets, and specialty stores making wet vacuums more accessible to consumers.

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Perfect Timing for Growth:

  • Post-Pandemic Rebound: Government initiatives are lifting restrictions and promoting economic recovery, leading to the opening of more businesses and industries. This creates a prime market for wet vacuums.
  • New Players, New Ideas: Fresh players are entering the wet vacuum market, bringing innovative products and a focus on exceptional customer experience. This healthy competition benefits consumers and fuels market growth.

Data-Driven Insights: The wet vacuum cleaner market is backed by in-depth analysis that considers:

  • Parent market trends
  • Macroeconomic factors
  • Regulatory influences
  • Market attractiveness across segments

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US and Canada Wet Vacuum Cleaner Market Outlook

US is one of the largest regions for wet vacuum cleaner globally. The US wet vacuum cleaner sales are set to spread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to rise with the introduction of robotic hoovers backed up with advanced technologies and R&D activities.

The key players in the region are focusing on manufacturing compact and modern hoovers, which are AI-controlled. This led to the gain of attention of investors from all around the world, which provides huge support for the development. The manufacturers focus on providing robust machines, which can clean all areas and prove to be a reliable tool. In addition, with the introduction of cordless hoovers, the segment has changed drastically and boosted the sales of wet vacuum cleaner.

Europe Demand Outlook for Wet Vacuum Cleaner

Europe has one of the largest hubs for R&D facilities. Since, the unwinding of lockdown and owing to high flexibility and viable nature, which eases the corner cleaning of spaces, has created opportunities for the sales of wet vacuum cleaner to grow. In addition, considering the emphasis on health and hygiene, the use of hoovers is likely to increase.

Europe indoor spaces hoovers demand is likely to grow with the observing developments in the current products. Further, with the availability of newly innovated hoovers with many additional facilities and additionally available parts for the same, which are replaceable with time. Moreover, the use of modern technology that plays an important role in neglecting the concern regarding energy consumption is going to return a high volume of sales of wet vacuum cleaner.

Key Segments

By Application:

  • Household Commercial
  • Professional Craftsmen (DIY)
  • Woodworking
  • Car Service
  • Individual
  • Garage/Service
  • Stations
  • Construction Site
  • Commercial Establishment

By Technology:

  • Automatic
  • Semi-Automatic

By Type:

  • Portable
  • Stationary

By Region:

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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 ~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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Vegan Dog Food Market Surges to US$ 26.35 Billion by 2033: Investors Eye Growth Amid Rising Demand for Plant-Based Pet Products

Vegan Dog Food Market
Vegan Dog Food Market

In 2023, the vegan dog food market was estimated to be worth US$ 13.58 billion. The vegan dog food market is anticipated to register a CAGR of 7% from 2023 to 2033, reaching a value of US$ 26.35 billion.

Vegan pet food is made with plant-based and natural components rather than raw materials sourced from animals, and it is guaranteed to be free from any form of animal abuse or exploitation. The key trends in the human food industry, such as vegetarianism, clean labeling, alternative proteins, and healthier ingredients, impact the pet food industry.

From Niche to Mainstream: The Surging Acceptance of Vegan Food Products

The development of vegan alternatives in the pet food industry has come at a perfect time since vegan pet owners want their animals to adopt this way of life alongside them. This discovery has proven vital to the expansion of the industry. Dogs fed organic dog food experience a variety of health advantages, including fewer skin conditions and allergies, fewer digestive issues, better overall health, and a higher quality of life.

Changes in family structures and lifestyles that promote pet adoption are driving the growth of dog owners worldwide, raising the need for organic dog food. Vegan remedies are frequently used to treat digestive issues in dogs, such as upset stomachs, constipation, and bloating.

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Paw some Paradigm Shift: The Global Surge in Pet Humanization Unleashes a New Era of Fur-Baby Love

The phrase ‘pet humanization’ is becoming a widely used term in the pet business as more pet owners desire to give their pets items or experiences similar to those provided to humans. Pet owners want nutritive advantages, excellent ingredient quality, enhanced digestibility, and animal safety in their pet food since they view their animals as family members. Demand for premium pet food with a high nutritional content is rising as a result of this trend.

The need to eat healthfully has become more widely recognized thanks to the humanization of pets. The surge in recent expenditures on pets signifies that pet owners now can allocate more funds toward premium pet food products.

Regional Outlook of the Vegan Dog Food Market

In terms of vegan dog food sales, North America dominated the market in 2023. This is a result of the widespread adoption of pets in American households. The general acceptance of pet humanization among North American consumers spurred the local market to expand even more.

The United States and Canada, two of the leading nations in the region, are seeing an increase in the popularity of veganism.

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Key Takeaways

  • Kibbles or dry segment of the product type category is predicted to have a vegan dog food market share of 24.3% by 2033.
  • The conventional sector to attain a substantial market share of 81.2% in the nature category between 2023 and 2033.
  • The adult sector to attain a substantial market share of 53.6% in the age group category between 2023 and 2033.
  • Through 2033, the store-based retailing segment to acquire a market share of 86.4% in the distribution category.
  • Between 2023 and 2033, the bags segment in the packing category held a vegan dog food market share of 36.8%.
  • The United States may achieve a 10% market share in the global vegan dog food industry between 2023 and 2033.
  • From 2023 to 2033, Germany might hold 5.9% of the global vegan dog food business.
  • Between 2023 and 2033, Japan’s vegan dog food sector share might rise to 6.4%.
  • From 2023 to 2033, Australia may hold a 3.2% share of the vegan dog food industry.
  • The vegan dog food industry in China is expected to record a CAGR of 3.5% during the forecast period.
  • The vegan dog food business in the United Kingdom may capture a 6.6% CAGR between 2023 and 2033.
  • The India vegan dog food industry is likely to record a CAGR of 30.8% from 2023 to 2033.

Competitive landscape

Vegan dog food producers are concentrating on enhancing their online presence and funding research and development to broaden their market. Multinational vegan dog food firms are expanding their manufacturing facilities and acquiring local players to widen their product options.

Recent Advancements

  • Mars Petcare Bolsters Royal Canin with Acquisition of Nom Nom Now: Expanding Success and Enriching Product Line

Mars Petcare acquired Nashville-based Nom Nom Now in January 2022. Mars Petcare may incorporate the newly acquired brand into its Royal Canin subsidiary as part of this deal. This acquisition aims to expand Nom Nom Now’s success while enhancing Mars Petcare’s product line.

  • Revolutionizing Pet Food: Bond Pet Foods and Hill’s Pet Nutrition Join Forces to Create Sustainably, Nutrient-Rich Alternatives

In November 2021, Bond Pet Foods, a business that uses precise fermentation to produce animal proteins for use in pet food, partnered with Hill’s Pet Nutrition. The cooperation aspired to build a more environmentally friendly product to replace one of Hill’s most well-liked meat-based goods. The fermented protein can be created considering the nutritional needs of cats and dogs.

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Key Segments

By Product Type:

  • Kibble/Dry
    • Extruded
    • Baked
    • Coated
  • Dehydrated Food
  • Treats and Chews
    • Pastes
    • Creames/Cream Snacks
    • Crunchy Snacks
    • Chew Sticks
    • Tablets
    • Biscuits
  • Freeze-dried Raw
  • Wet Food
  • Frozen
  • Powder
  • Freeze-dried Food

By Age Group:

  • Adults
  • Senior
  • Puppies

By Distribution Channel:

  • Store-based Retailing
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Mom and Pop Stores
    • Pet Stores
    • Discounters
    • Independent Grocery Retailers
    • Drugstores
    • Other Retail Formats
  • Online Retailers

By Packaging Type:

  • Pouches
  • Bags
  • Folding cartons
  • Tubs & Cups
  • Can
  • Bottles & jars

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:

Nandini Singh Sawlani
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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Herbal Supplement Market Forecast Revenue Potential Surges to US$ 194,859.4 million by 2034 Amid Growing Demand for Natural Remedies

Herbal Supplements Market
Herbal Supplements Market

The herbal supplement market is capable of accumulating US$ 93,886.3 million in revenues in 2024. As the appeal of natural or plant-based supplements has increased substantially recently, the overall market is set to experience a year-on-year growth of 7.6% during the forecast period. By following this promising CAGR, the herbal supplement industry is progressing to attain a revenue potential of US$ 194,859.4 million by 2034.

Herbal Supplement Market Trends & Analysis

  • Because of the increasing demand for herbal treatments, several pharmacy firms are undertaking studies on novel herbal supplements.
  • Herbal supplements with immune-boosting components like elderberry, echinacea, and astragalus are gaining more traction nowadays.
  • Adaptogenic herbs, such as Rhodiola rosea and ashwagandha, are in higher demand due to their ability to support mental well-being, reduce stress, and ease anxiety.
  • Curcumin, which is an herbal ingredient, is becoming more widely used as a natural coloring ingredient in the food sector, such as ketchup, butter, crackers, cheese, and yellow cake.
  • The growing popularity of clean-label and organic herbal supplements is also evolving industry participants’ market orientation.

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Consumer awareness of the medicinal benefits of consuming herbal supplements, particularly among the elderly population, is expected to be among the key drivers of market development. The growth in female herbal supplement customers, as well as an increase in the use of herbal products by the youth demographic, has fueled the global market for herbal supplements.

The pharmaceutical sector of the herbal supplement industry has far more volume. The herbal supplement markets in North America and Asia-Pacific are expected to grow significantly. In these sectors, the medical industry’s development will assist the herbal supplement industry. Due to the growing desire for herbal remedies, some of the world’s most well-known pharmaceutical companies are doing research on a variety of herbal supplements.

The herbal supplement market in places like Latin America and Asia will grow as a consequence of their initiatives. In Asia Pacific, alternative medicinal items such as traditional Asian and Ayurveda therapy are in significant demand. Additionally, consumption of herbal remedies has risen as the pharmaceutical sector in emerging countries such as India and China have expanded significantly. Furthermore, continuous demand from countries such as Europe would boost the market’s rise.

Overweight and ageing population are on the rise all across the world. As a result, herbal supplements for medicinal purposes are becoming increasingly popular. The whole herbal supplement market is benefiting from a rise in sedentary lifestyles, higher consumption of healthier meals, and increased health-care knowledge. Other major factors driving the herbal products market comprise rising disposable income in emerging countries, increased awareness of herbal supplement health benefits, and a rise in the occurrence of health issues.

Diabetes, heart disease, cancer, as well as other chronic illnesses are on the rise all over the world. An increase in the frequency of medical issues has resulted in a greater awareness of eating well. Because of better lifestyles and dietary habits, customer awareness of fitness and health has increased in countries like India and China.

People are becoming more conscious of what they eat and the benefits of herbal supplements, which is fueling the herbal supplement market’s rise. Furthermore, changes in their lifestyle have forced them to place a higher value on their health.

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Key Takeaways from Market Study

  • The herbal supplements market is expected to expand at CAGRs of 7.2% and 15% in US and the Middle East & Africa, respectively, through 2034.
  • The Asia Pacific Herbal Supplements market rose by 6.6% year over year, defying early predictions about how the business would function in the event of a worldwide pandemic. Natural supplement demand/sales contributed roughly 33% of overall supply in North America in 2024.
  • The European herbal supplements market is currently pegged at 32% of the total market share.
  • Herbal Supplement components are selling well in worldwide marketplaces, because to rising consumer demand for nutritionally balanced foods.
  • In 2024, world consumption for plant-based supplements grew by 10.3% year over year. It has 43% of the herbal supplement marketplace and is predicted to increase at a significant pace of 7.2 percent by 2034.
  • During the timeframe of 2017-2023, curcumin ingredient revenue increased by 9.8%.

“Herbal supplement companies might make a lot of money if they targeted the food and beverage industries. Because of the rising need for biomedical products around the world, the nutritional supplements business might be a strong market for herbal supplements,” says a Future Market Insights analyst.

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Competitive Landscape

Herbal supplement producers are putting a lot of effort into development and technology to ensure the quality of its product.

  • Bio-Botanica: In 2018, the business formed a joint venture with Genomatica to create a new extraction facility. The extracts will be produced according to Genomatica’s methods and will contain the proprietary component Brontide. The extracts are created using a Bio-proprietary Botanica technology that guarantees the extracted substance has as many natural substances as possible.
  • Archer Daniels Midland: The firm announced the acquisition of Protix, a probiotics manufacturer in 2019. This will allow the firm to continue to develop and conduct research in the field of natural healthcare supplements for pets and humans.
  • Herbalife: The firm introduced its meal replacement line in 2022, which focuses on nutrition and is simple to ingest. Shakes, baked pastries, and munchies are among the products available. The firm introduced digestive health supplements with a fibre compound in the year 2021. Production takes place in the United States and Canada.
  • Nuvothera Inc: In the year 2019, the firm announced the beginning of a supplementation project including microparticles Turmeric, which will result in a rise in curcumin-containing drinks. The product is predicted to grow in popularity since it provides certain health advantages and reduces reliance on medications.
  • Applied Food Sciences Inc: In the year 2018, the business released CurcuFlow, that is a curcumin extract. This new substance will be used to generate a non-staining turmeric cleaning solution.

Segments Covered in Herbal Supplements Market Analysis

Form:

  • Soft Gel/Pills
  • Confectionery Products
  • Gummies
  • Chews
  • Others
  • Pharmaceutical Products
  • Chewable pills
  • Gel caps
  • Powder
  • Liquid

Ingredients:

  • Moringa
  • Echinacea
  • Flaxseeds
  • Turmeric
  • Ginger
  • Ginseng
  • Other ingredients (Horehound, Elderberry, etc)

Consumer Orientation:

  • Men
  • Women
  • Senior citizens
  • Others (Kids & Toddlers)

Application:

  • Weight Loss
  • Sports Nutrition
  • General Well-being
  • Immune & Digestive Health
  • Bone & Joint Health
  • Heart Health
  • Other specific requirements (Supplements, Anti-allergies & Eye-health)

Distribution Channel:

  • Store Based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Drug Stores and Pharmacies
  • Health and Wellness Stores
  • Other Retailers
  • Online Retailing

Region:

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

Author by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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:

Nandini Singh Sawlani
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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Capitalize on the Rising Demand for Sodium Chloride: Strategies for Expanding in Chemical, Pharmaceutical & Healthcare Sectors

Sodium Chloride Market
Sodium Chloride Market

The sodium chloride market is valued at US$ 44.4 Billion in 2023 and is anticipated to value at US$ 67.4 Billion by 2033. The sales of sodium chloride are likely to grow at a CAGR of 4.4% during the forecast period.

There is a growing demand for sodium chloride in the chemical sector to develop products such as dyes, paper, plastic, rubber and detergents to advance market growth. Feedstock chemical is highly used in developing chemical products, which in turn boosts the market. An increase in the adoption of sodium chloride by manufacturing companies is observed to make polyester, cleaning tools and machinery.

Moreover, the growing adoption of sodium chloride by the food and beverage industry increases the shelf life of food and enhances its quality. The demand for sodium chloride to preserve foods such as meat and cheese is also likely to increase market opportunities during the forecast period.

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The manufacturers are growing in the pharmaceutical industry to treat dehydration and excessive sweating and with increasing adoption of sodium chloride. In addition, there is a growing demand for sodium chloride from the healthcare sector to maintain blood pressure and relax patients’ muscles.

End-use Industries Propel the Sodium Chloride Market Growth

An increase in the demand for alkaline products such as chlorine, soda ash and caustic soda is impelling the sodium chloride market growth. There are a few more factors that are expected to bolster the market growth during the forecast period, such as the growing population, emerging industries and disposable income. The rising adoption of sodium chloride in various end-use industries such as water treatment, animal feed, agrochemicals and oil & gas is the key factor contributing towards market expansion.

A Glimpse of Top Countries in the Sodium Chloride Market

The US dominates the global market by recording a CAGR of 3.8% with a valuation of US$ 4.0 Bn during the forecast period. Growing disposable income and rising end-use industries such as chemical and food are advancing the US market size. Additionally, the US market growth is fueled by the increasing adoption of sodium chloride in the chemical sector to increase the production of chemical products.

China is estimated to capture a CAGR of 6.2% with a valuation of US$ 2.9 Bn during the forecast period. Increasing consumption of sodium chlorine for cleaning equipment in the healthcare sector is observed in China. The manufacturers are advancing the food and beverage industry to maintain the shelf life of food and preserve it for a long time in China.

Key Takeaways:

  • The sodium chloride market valuation is expected at US$ 67.4 Bn by 2033.
  • The global market is increasing during the forecast period by witnessing a CAGR rate of 4.4%.
  • The market in the United States is anticipated to grow at a CAGR of 3.8% through 2033.
  • The China market is likely to uplift significantly during the forecast period with a CAGR of 6.2%.
  • The Japanese market is expected to grow at a CAGR of 3.3% over the forecast period.

Who is Winning?

The prominent manufacturers and vendors are impelling the market size by increasing the production of sodium chloride all over the region during the forecast period. In addition, distribution channels, emerging suppliers and new market entrances are advancing the market opportunities. The adoption of different market strategies and millions of dollars in investment by the market players greatly contribute to boosting the maximum output in the market.

In Jan 2021, FDA announced legal approval for Aurobindo Pharma to manufacture and distribute 0.9% sodium chloride injection to the US healthcare industry.

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Sodium Chloride Market Top Key Players

  • Cargill incorporated
  • Compass Minerals International.
  • K+S AKTIENGESELLSCHAFT
  • Wacker Chemie AG
  • Akzo Nobel N.V.
  • Tata Chemicals Limited
  • Südwestdeutsche Salzwerke AG
  • INEOS GROUP HOLDINGS S.A
  • Hindustan Ltd
  • Dampier Salt Limited
  • Others

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

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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Infant Formula Ingredients Market Surges Unprecedented Growth Projected with Rising Demand for Baby Nutrition

Infant Formula Ingredients Market
Infant Formula Ingredients Market

During the forecast period, the infant formula ingredients market is expected to expand at a CAGR of 6.3%. Beginning the forecast period in 2023 with a market value of US$ 42,645 million, it is likely to reach a valuation of US$ 78,818.9 million by 2033.

It is anticipated by the expert analysts at FMI that there is an unprecedented surge in the market size of infant formula ingredients as it is being largely fed to babies for their overall development. Although physicians recommend exclusive breastfeeding for babies under 6 months, infant formula can be used as an alternative.

It is gaining rapid traction in the global forum because it has similar nutrient contents and is being widely adopted by working women with infants. The FMI analysts have revealed that consumer attitudes have changed significantly in recent years due to the growth of the global food business since consumers are now more knowledgeable about the components of food and beverage goods before making a purchase. This is particularly true when it comes to ingredients for infant formula, which mostly consists of components for food preparations meant for infants younger than one year of age.

With parents’ preferences to maintain the necessary levels of nutrition for their newborns, the use of baby formula ingredients has increased. Therefore, it is anticipated that the infant formula ingredient market is likely to have significant growth during the forecast period.

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Key Takeaways:

  • The United States holds a significant market share of 18.9% in the infant formula market, highlighting its strong presence and leading position as a major consumer and producer of infant formula products.
  • Germany maintains a notable market share of 8.6% in the infant formula market, emphasizing its significant contribution and role in providing high-quality and nutritious infant formula options to meet the needs of infants and their families.
  • Japan accounts for 6.9% of the market share in the infant formula industry, showcasing its importance as a key player in the market and its commitment to offering reliable and quality infant formula products.
  • Australia contributes to the infant formula market with a market share of 3.5%, underscoring the country’s role in providing safe and nutritious infant formula options for the well-being of infants and their development.
  • China experiences a compound annual growth rate (CAGR) of 6.3% in the infant formula market, indicating a steady growth trajectory and increasing demand for infant formula products driven by factors such as population growth, urbanization, and rising disposable incomes.
  • India demonstrates a robust CAGR of 9.7% in the infant formula market, highlighting the country’s expanding consumer base, growing awareness about infant nutrition, and rising demand for high-quality and nutritious infant formula products.
  • The United Kingdom showcases a CAGR of 7.6% in the infant formula market, reflecting its sustained growth and continuous efforts to provide safe and reliable infant formula options, meeting the changing needs and preferences of parents and caregivers.

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Competitive Landscape:

The leading suppliers of infant formula ingredients are found to be engaging in aggressive business practices such as several mergers and acquisitions, capital expansion and strategic alliances. Leading businesses are also bringing their focus to boosting the productivity of their companies through technological innovation and increasing the share of their sector. Manufacturers who are active in the infant formula ingredients market are also constantly working on research and development to create products that meet consumer demands.

The following are the actions taken by some leading companies in the market:

  • In February 2018, Arla Foods announced its plans to invest £70 million in the United Kingdom, as a part of its strategy to secure long-term opportunities for its farmers all over Europe.
  • In April 2022, Kerry Group acquired Natreon, Inc, a United States-based supplier of branded Ayurvedic botanical ingredients.

Some other leading players in the market are:

  • Co-operative Group Limited
  • AAK AB
  • Royal Friesland Campina N.V.

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Key Segments in the Infant Formula Ingredients Market

By Ingredient Type:

  • Fats & Oils
  • Minerals
  • Proteins
  • Vitamins
  • Carbohydrates
  • Prebiotics
  • Others (Probiotics, Nucleotides, and Emulsifiers)

By Source:

  • Soy
  • Protein hydrolysates
  • Cow Milk
  • Others (Goat milk and camel milk)

By Application:

  • 0 to 6-month-old infants
  • 6 to 12-month-old infants
  • Infants over 12 months
  • Specialty Formula

By Form:

  • Powder
  • Liquid & semi-liquid

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • 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.

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Smart Hair Brush Market: Brushing Up for Growth with 5.8% CAGR Projection by 2032

Smart Hair Brush Market
Smart Hair Brush Market

The smart hair brush market is brushing its way to a bright future! Analysts predict a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 5.8% expected during the forecast period. This translates to a market value reaching a healthy US$477.8 million by 2032, up from US$257 million in 2021.

Smart Hairbrushes: Brushing Up for Growth

  • Competition Heats Up: The smart hairbrush market is getting a healthy dose of competition! New players are entering the scene, offering a wider variety of brushes at attractive prices. This makes smart haircare more accessible to a global audience.
  • Tech Meets Haircare: The Internet of Things (IoT) is revolutionizing personal care. Companies are leveraging wireless technology to create smart devices, and smart hairbrushes are a prime example. Consumers are increasingly embracing these smart gadgets to enhance their daily routines and feel more connected.
  • Self-Diagnosis Revolution: Tech-savvy consumers are leading a trend in smart hairbrush sales. These connected individuals are turning to mobile apps and smart devices for self-diagnosis of haircare concerns, making smart hairbrushes a valuable tool.

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Smart Hairbrushes: Brushing Up on the Beauty Revolution

Tech Takes Over the Bathroom Shelf: Connected devices are shaking up the beauty industry! Personal care companies are racing to develop smart products that bring the salon experience home. Smart hairbrushes are at the forefront of this trend.

Perfecting Your Haircare Routine: Consumers’ desire for premium products, evolving trends, and changing buying habits are fueling the smart hairbrush market. These factors point to a future where smart devices will play a major role in hair and skincare routines.

The Rise of Personal Grooming: Several factors are driving demand for smart hairbrushes:

  • Increased Focus on Personal Grooming: People are prioritizing self-care, creating a market for innovative tools.
  • Shifting Lifestyles: Busy lives create a need for efficient personal care solutions.
  • Growing Spending on Personal Care: Consumers are willing to invest in premium products that enhance their routines.
  • Expanding Hair Care Market: The overall hair care market is flourishing, creating a fertile ground for smart hairbrushes.

Challenges and Opportunities:

  • Price Point Hurdle: High costs compared to traditional brushes may limit adoption.
  • Competition Conundrum: Currently, limited competition exists, presenting an opportunity for new entrants to capture market share.

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Global Smart Hair Brush Market: Regional Outlook

The smart hair brush market is anticipated to register significant growth across all the regions during the forecast period. The smart hair brush market is classified into seven key areas: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa.

North America is expected to be the leading markets in the global smart hair brush market followed by Europe owing to high per capita spending, consumer awareness about personal hygiene, and high demand for premium products.

South Asia and East Asia smart hair brush market is expected to account healthy CAGR during the forecast period owing to high potential customers along with various companies entering into the market with a strategic partnership with domestic players. MEA is likely to offer attractive opportunity in the global smart hair brush market in the coming years.

Global Smart Hair Brush Market: Key Players

The prominent players operating in the global smart hair brush market are L’Oréal S.A. and Withings.

Global Smart Hair Brush Market: Key Developments

  • In 2017, Kerastase and Withings Company introduced the world’s first smart hair brush- ‘Kerastase Hair Coach’ at CES 2017 event, to provide consumers with a data-driven way for improved hair care.
  •  Companies developed the innovative smart hair brush in collaboration with L’Oréal’s research and advanced technology Incubator. The smart hair brush features with advanced sensors, innovative product design, and signal analysis algorithms to monitor and scores the hair quality during use.

Market Segmentation

On The Basis Of End-User:

  • Salons & Spas
  • Hotels & Resorts
  • Residential
  • Others

On The Basis Of The Sales Channel:

  • Supermarkets/Hypermarkets
  • Specialty Outlets
  • Multi-Brand Stores
  • Beauty Specialist Stores
  • E-Retailers
  • Others

By Region:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Construction Boom & Urbanization Drive Demand for Silica Sand for Glass Making: Market to Reach US$ 8.5 Billion by 2033

Silica Sand for Glass Making Market
Silica Sand for Glass Making Market

 

The silica sand for glass making market is expected to record a CAGR of 4.1% between 2023 and 2033. The market is expected to be valued at US$ 5.7 billion in 2023. By 2033, the estimation is projected to cross US$ 8.5 billion.

Surging construction sector is expected to increase the demand for silica sand for glass making. Rapid urbanization and different sectors looking to expand their footprints are few of the factors which have surged the market growth.

In a bid to focus more on sustainability, the green building market is expected to grow at a robust 13.6%. By 2032, the valuation of the green building market is expected to cross US$ 650 billion, which represents massive opportunity for the silica sand market.

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The luxury hotels are also on an expansion spree. Based on the survey conducted by FMI, the luxury hotel market was valued at US$ 95,113 million in 2022. This market is expected to record a CAGR of 5.3% during the forecast period. This would certainly mean increase in the construction activities, which is expected to support the silica sand market growth.

With ecosystem and sustainability being the talk of the town, there is a lot of emphasis being laid on the development of hybrid vehicles. The global hybrid vehicles market is expected to grow at 22% during the forecast period. Key players operating in this market are looking to expand their plants worldwide, which might support market growth of silica sand.

However, the market is facing challenges pertaining to supply chain management. This has led to increase in price of the silica sand, and in many places, there is a scarcity of the product.

Thus, by the insights provided by FMI researchers, it can be inferred that, ‘increase in the growth of construction sectors, adoption of green alternatives, expansion of automobile market, and various other factors are expected to surge the market growth.’

Key Takeaways:

  • The silica sand for glass making market is anticipated to register a CAGR of 4.1% during the forecast period.
  • The market is projected to be valued at US$ 5.7 billion in 2023.
  • By 2033, the market is expected to cross a valuation of US$ 8.5 billion.
  • Based on the regional analysis, Asia Pacific is expected to hold the dominant market share.
  • The United States market is expected to advance at 4.7%.
  • The United Kingdom market is projected to grow at 3.8%.
  • China market is anticipated to record a CAGR of 5.1%.
  • Japan market is expected to grow at 4.7%.
  • South Korea silica sand for glass making market is projected to advance at 4.6%.
  • Based on the application, the glass container segment is expected to hold the dominant share, and might advance at 4.1%.
  • Based on the purity, the high purity segment is projected to be the leading segment, and is expected to grow at 4.3%.
  • Based on the end use, the construction segment is expected to be the leading segment.

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Competitive Landscape

The key players operating in the market are expected to make investments on mergers and acquisitions. There are also moves pertaining to strategic partnerships. For this, the manufacturers are entering into collaborations with players from various niches. The key players are also investing on research and development aspect of the business. This is being done by enhancing the capabilities of silica sand using other elements. There are also moves being made to increase the manpower.

Silica Sand for Glass Making Market Top Players

  • Sibelco
  • Imerys
  • Tochu Corporation
  • US Silica
  • Euroquarz GmbH

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Potassium Formate Market Poised for Growth: Eco-Friendly Solutions Drive Demand

Potassium Formate Market
Potassium Formate Market

 

The global potassium formate market is anticipated to attain a valuation of US$ 746.13 million in 2023 and is projected to accumulate over US$ 1190 million by 2033, exhibiting a CAGR of 4.7% during the forecast period.

Potassium formate is gaining attention as a heat-transfer liquid in various industries. Also, the growing emphasis on sustainability has prompted end-use sectors to explore viable solutions for heating and cooling processes, making potassium formate a promising alternative.

Producers are now prioritizing heat transfer fluids based on potassium formate for refrigeration systems, replacing calcium chloride and other brine solutions due to their premium quality. Moreover, governments are also taking initiatives to support the refrigeration industry, promoting access to sustainable cooling solutions.

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In March 2019, the government of India launched the India Cooling Action Plan (ICAP), outlining measures to reduce cooling demand, transition to better refrigerants, improve energy efficiency, and adopt advanced technology over 20 years. Potassium formate-based refrigerated systems are gaining traction in the commercial sector due to their non-toxic and non-hazardous properties, offering a promising technology option.

The surging demand for safe and eco-friendly heat transfer fluids is propelling potassium formate’s significance in the growing refrigeration industry, leading to substantial market growth during the forecast period.

The market growth for potassium formate is driven by the continuous pressure on end-use industries to reduce operating costs, enhance efficiency, and boost productivity. This pressure impacts the supply chain, pushing end-use suppliers to invest in research and development to meet customer demands.

Key requirements from end-users, such as divergent needs for protection, agility, and efficacy of drilling fluids, lead to the incorporation of smooth fluids and high chemical strength in the drilling process.

The demand for potassium formate brine solutions is increasing due to their ability to effectively remove snow from aircraft surfaces without posing hazards, making them preferable over other alternatives on the market. Consequently, the growing demand for potassium formate in various applications acts as a driving force behind the market’s expansion.

Key Takeaways

  • The demand for potassium formate in China is projected to rise with a promising CAGR of 4.9% during the forecast period.
  • The market in North America is expected to thrive with a CAGR of 4.6% during the forecast period.
  • The United Kingdom market is anticipated to expand at a CAGR of 4.3% during the forecast period.

“Increasing pressure on end-use industries to reduce operating costs, enhance efficiency, and boost productivity is expected to drive the demand for potassium formate during the forecast period,”-comments an FMI Analyst

Competitive Landscape

The market for potassium formate is characterized by extreme competition, as key industry players are making significant investments to improve their manufacturing capabilities.

Recent Developments in the Potassium Formate Market

  • In September 2022, OCOchem, a developer of innovative electrochemical technologies, received an extension of its US$ 1.1 million contract from the United States Army.
  • In 2021, BASF SE launched a new range of potassium formate-based fluids for aviation de-icing and anti-icing applications, offering superior performance and environmental advantages over conventional sodium formate or potassium acetate fluids.
  • In August 2021, Perstorp Potassium Formate obtained fertilizer certification, meeting all the regulations outlined in EC 2002/2003.
  • In 2021, Merck KGaA introduced the Calsalix range, a new line of potassium formate-based fluids designed for the oil and gas industry’s drilling and completion applications.

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Top Key Players in the Potassium Formate Market

  • BASF SE
  • Evonik Industries
  • Honeywell International Inc
  • Cabot Corporation
  • Addcon GmbH
  • Dynalene Inc.
  • Perstorp Holding AB
  • GELEST, INC
  • Tomiyama Pure Chemical Industries, Ltd.
  • ICL
  • TETRA Technologies, Inc.

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

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
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Unlocking the Potential of Gum Rosin: Market Trends and Investment Opportunities

Gum Rosin Market
Gum Rosin Market

The global gum rosin market is expected to witness an average CAGR of 4.7% from 2023 to 2033. The target market in this region will reach a valuation of US$ 2,460.2 million by 2033, rising from an estimated US$ 1,554.2 million in 2023.

Historically, the gum rosin market recorded a sluggish CAGR of 3.6% and reached a value of US$ 1,483.7 million in 2022. Increasing usage of gum rosin in paints, coatings, adhesives, paper, and inks will augur well for the gum rosin market as these products are undergoing a spike in demand.

Gum rosin is a kind of solid resin made from pine chemicals that are sourced from pine trees and various other plants. Also known as colophony, gum rosin is made by heating the fresh liquid resin to vaporize the volatile liquid terpene compounds. It is composed of a mixture of pimaric-type and abietic-type acids with a low amount of neutral compounds. Gum rosin Color’s ranging from yellow to black and has a semi-transparent appearance.

The market for gum rosin is positively influenced by the increasing application of the product in adhesives. An upsurge in preference for natural additives across various industry verticals. Gum rosin also finds application in the automotive and construction sectors as it is used in the paints and coatings used in these industries.

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Other applications of gum rosin include its usage as a glazing agent in chewing gum and medicines, as a dispersant and as emulsification in the synthetic rubber industry will spur the demand for gum rosin in the global market. Again, the high friction-enhancing properties of gum rosin will further swell up the demand for gum rosin in the upcoming years.

Gum rosin contains excellent physical and chemical properties which promote its usage in the manufacturing of adhesives, printing inks, paper sizing agents, solders and fluxes, surface coatings, insulating materials, synthetic rubber, chewing gums, and soaps and detergents. Gum rosin can also be used on bows of violins and other string instruments, dancing shoes, floors, and stages to prevent slipping. All of these considerations, along with others, propel the gum rosin market forward in the international space.

Key Takeaways:

  • Availability of substitutes may hamper the growth prospects for the gum rosin market.
  • Expansion of the adhesives and paints sector will open avenues of growth for the target market.
  • The gum rosin market in China will register a CAGR of 5.3% and create an absolute dollar opportunity of US$ 648.0 million by 2033.
  • Surging residential and commercial infrastructure projects will bolster the gum rosin market in India to grow at a CAGR of 5.7% during the assessment period.
  • By product type, the WW-type segment will account for 38% of the market share in 2023 due to its extensive usage in paper sizing for maintaining textures and colors.
  • In terms of application, the adhesive segment will continue to dominate the market.

Competitive Landscape 

  1. Naval Overseas, Punjab Rosin and Chemicals Works, and Forestar Chemical Co., Ltd., among others, are a few of the key players in the gum rosin market profiled in the full version of the report.

In a highly fragmented environment, prominent market players are concentrating on the acquisition of smaller firms. The development of novel and sustainable products, and increasing research efforts to adopt new technologies for eco-friendlier manufacturing of gum rosin are some of the other strategies adopted by these businesses.

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Gum Rosin Segmentation

By Product Type:

  • WW-Type
  • WG-Type
  • N-Type
  • X-Type
  • Others

By Application:

  • Paper
  • Paints & Coatings
  • Soap
  • Printing Ink
  • Adhesives
  • Rubber
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Pour Point Depressant Market Poised for Steady Growth: Eco-Friendly Solutions Gain Traction

The market for pour point depressants was expected to reach US$ 1,974.80 million by 2022. The industry is projected to be valued US$ 2,048.00 million by the end of 2023. The pour point depressant market is expected to expand at a rate of 3.70% CAGR over the course of the forecast period, reaching a valuation of US$ 2,945.22 million by 2033.

The growth of cold chain logistics within the food, pharmaceutical, and chemical industries, along with the increasing need for commodities that are sensitive to temperature, are driving the market for pour point depressants. Pour point depressants maintain the flow properties of lubricants used in refrigerated storage and transit, which helps to maintain the integrity of the product.

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Key Takeaways from the Market Analysis

  • Pour point depressant sales in the United States will likely rise at a 4.00% CAGR over the course of the projected year.
  • From 2023 to 2033, the pour point depressant market in the United Kingdom is expected to flourish at a CAGR of 3.30%.
  • Pour point depressant demand in Germany are anticipated to expand at a 4.10% CAGR over the course of the projected year.
  • Pour point depressant sales in China are anticipated to surge at a 4.10% CAGR between 2023 and 2033.
  • Over the course of the forecast period, the pour point depressant market in India is projected to expand at a 3.80% CAGR.
  • In 2023, it is anticipated that the poly alkyl methacrylate segment will reach a market share of 33.8%.
  • The group II category is projected to account for 51.9% of the global market in 2023.

“The increased adoption of environmentally friendly pour point depressant solutions, as well as continued technological improvements leading to better low temperature performance, will eventually drive demand in the global market,” remarks an FMI analyst

Competitive Landscape

Manufacturers invest efforts in research and development to create new pour point depressant formulas. Companies can differentiate themselves in the market and command premium prices by creating products with unique features, such as enhanced performance or versatility with different types of crude oil.

Manufacturers often expand geographically to access new markets where pour point depressants are becoming more and more necessary. Businesses can increase their customer base, diversify their revenue streams, and increase profitability by going global via alliances, mergers, or acquisitions.

Key Developments

  • In 2022, to better serve its clients in the pharmaceutical, home care, personal care, and industrial application sectors, Clariant planned to enlarge its Care Chemicals facility in Daya Bay, Huizhou, China.
  • By 2024, the CHF 80 million investment will have increased capacity for current goods and brought new ones to market. The Clariant Daya Bay manufacturing plant has become the first API company in China to have approved polyethylene glycol Polyglykol 3350 after successfully receiving the medication GMP certificate. The location will serve as a new worldwide center for Clariant’s healthcare business support, expediting the delivery of premium ingredients for medications that have the potential to save lives.
  • In 2022, Lubrizol and Grasim Industries Limited initiated the construction of the first phase of a 100,000 metric ton CPVC resin facility in Vilayat, Gujarat, India. The Grasim Industries complex will house the largest single site CPVC resin production capacity in the world. It is intended to provide the growing demand for CPVC piping uses across India and its surrounding nations, including Bangladesh, Indonesia, and Nepal.

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Key companies profiled in the Pour Point Depressant Market

  • AkzoNobel N.V.
  • Chevron Oronite Company L.L.C.
  • Clariant
  • Afton Chemical Corporation
  • The Lubrizol Corporation
  • Evonik Industries
  • Infineum International Limited
  • NALCO Champion
  • Shengyang Greatwall Lubricant Oil Co. Ltd.
  • The Aurora Chemical
  • Puyang Jiahua Chemical Co., Ltd.
  • Sanyo Chemical Industries Ltd.
  • Qingdao Lead Oilfield Solutions Co. Ltd

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

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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