Residential & Commercial Smart Glass Market Surpassing US$ 14 Billion by 2028, Fueled by Commercial Building Applications and Technological Advancements

Up from the market value attained in 2018, the global sales of residential and commercial smart glass are estimated to observe a substantial CAGR of over 15% from 2018 to 2028. Residential and commercial smart glass worth approximately US$ 15 billion will be sold by the end of 2028.

According to a new market study of Future Market Insights, the demand for residential and commercial smart glass will remain at a constant high over the coming years. The global residential and commercial smart glass market is currently receiving strong demand from the commercial sector. However, it is more likely that the demand for smart glass will gather momentum in the residential sector, in the near future. The report attributes this demand growth to the increasing initial interest of buyers in residential and commercial smart glass, particularly for bungalows and luxury apartments.

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Energy Control & Other Clean Technology Initiatives to Boost Residential & Commercial Smart Glass Market Growth

Various initiatives for clean technology and mostly related to energy conservation and sustainable use of energy is driving the customers to use different products that would serve the purpose. Also, these initiatives are compelling manufacturers of residential and commercial smart glass to invest heavily in the development of versatile products compatible for efficient energy consumption, besides basic functionalities of smart glass.

On the other side, residential and commercial smart glass solutions incur heavy initial expenditure that includes procurement as well as installation expenses. High procurement and maintenance expenses will remain longstanding challenges associated with the revenue growth of residential and commercial smart glass market. Moreover, though most residential and commercial smart glass solutions are dirt-proof and demand occasional cleaning, regular maintenance is required to keep these integrated technologies bug-proof, which further demands expensive regular maintenance. This is projected to have a restraining impact on the overall adoption rate of residential and commercial smart glass solutions.

Global Residential and Commercial Smart Glass Market Forecast

As far as the residential and commercial smart glass market is observed for indoor conference room, office privacy protection, shower room and product projection application, switchable PDLC (Polymer dispersed liquid crystals) residential and commercial smart glass are used the most.

By region, North America is anticipated to dominate the global residential and commercial smart glass market over the forecast period. North America residential and commercial smart glass market, is expected to be followed by Europe residential and commercial smart glass due to the high percentage of luxurious homes and other commercial building in the region.

In terms of growth rate SEA & others of APAC has the highest CAGR in the residential and commercial smart glass market, followed by China and Latin America residential and commercial smart glass market, which also have a good growth rate compared to the other regions in the market.

The market for residential and commercial smart glass market is segmented on the basis of end-user, technology type, and regions. The end–user segment in the residential and commercial smart glass market is further divided into residential and commercial segments. The residential segment is then further divided into smart windows & doors, smart glass partitions, smart shower glass, and smart glass walls. The commercial sector is further segmented into commercial buildings, architectural use, automobiles, aircraft, marine, consumer electronics, and others.

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As per the technology type segment, the residential and commercial smart glass market is segmented into Electrochromic, Thermochromic, Photochromic, Suspended Particle Device, and Liquid Crystal. The residential and commercial smart glass market is also divided as per building type in the residential segment.

Residential and Commercial Smart Glass Market: Segmentation

By End-user

  • Residential
  • Commercial

By Technology Type

  • Electrochromic
  • Thermochromic
  • Photochromic
  • Suspended Particle Device
  • Liquid Crystal

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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Water Leak Sensors Market: Anticipated CAGR of 6.9% with a Projected Value of US$ 3,462.4 Million by 2032

The Water Leak Sensors Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Water Leak Sensors market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Water Leak Sensors. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Water Leak Sensors Market is poised to witness substantial growth, driven by key factors such as the proliferation of Internet of Things (IoT) technology, the integration of artificial intelligence (AI), the utilization of cloud or edge-based services, and the increasing adoption of smart homes. These factors are expected to significantly boost the demand for water leak sensors.

The market for water leak sensors is projected to grow at a CAGR of 6.9 percent over the forecast period, from US$ 1,777.6 Million in 2022 to US$ 3,462.4 Million in 2032.

It is anticipated that the Internet of Things (IoT), artificial intelligence (AI), cloud or edge-based services, and the growing use of smart homes will be the main factors driving the sales of water leak sensors. The development of the market, however, is likely to be constrained by inefficient water systems and a lack of knowledge regarding the importance of water leak sensors.

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Instead, companies are enhancing their research and development (R&D) initiatives in an effort to look into novel applications and develop lucrative market opportunities.

In developed nations like the U.S., the U.K., etc., the intricate water infrastructure can withstand pipe corrosion, breakage, or crack formation due to ageing. The need for water leak sensors to be used grows as a result. Furthermore, the market trends are likely to grow as a result of advancements and innovation in leak detection technology.

The market is anticipated to grow as a result of several infrastructure renovations, new residential and non-residential construction projects, and other factors. The market’s numerous established and up-and-coming players help to fuel the expanding demand.

Connected systems are expected to contribute significantly to the projects’ sustainability goals and rank among the most crucial elements of smart water management software. This broadens the appeal and use of water leak detectors.

Market participants of the water leak sensors:

  • RLE Technologies
  • Yash Global Electronics Security Solution Private Limited
  • Leaksense Company Limited
  • Honeywell International Inc.
  • PA Vision Sdn Bhd
  • Honeywell International
  • Vivint Inc.
  • Samsung Electronics
  • Glentronics, Inc.
  • SimpliSafe
  • Fibar Group
  • D-Link Corporation
  • Insteon, Inc.
  • SDI Technologies Inc. (iHome)

Some of the recent developments in the Water Leak Sensors market are:

  • In October 2021, ABB collaborated with a Danish water environment specialist to develop the next generation of smart water solutions that encourage more careful water use. With this, client will be able to better control water availability and boost plant operational efficiency in both process and energy optimization with these technologies.
  • In 2020, Primayer announced its support to Beacon Project in Nepal which aims to bring decent toilets, clean water, and good hygiene to people residing in Lahan, in Southeast Nepal.
  • In 2019, Gutermann AG launched the world’s first Zonescan NB-IoT leak logger for permanent monitoring of water distribution mains, which is a fully correlating system that can identify quiet leaks.
  • In December 2021, ABB launched an electromagnetic flowmeter with bidirectional communication to power intelligent water loss management. The AquaMaster 4 Mobile Communication units can communicate through 4G-LTE and NB-IoT networks, allowing plant engineers to stay up to date on the status of the water systems.

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Key Segments Profiled In The Water Leak Sensors Market Survey

By Test Type:

  • Electroretinogram (ERG)
  • Multifocal Electroretinogram (mfERG)
  • Electro-Oculogram (EOG)
  • Visual-Evoked Responses (VER)

By Modality:

  • Fixed
  • Portable

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Imaging Centers

By Region:

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

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified 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 on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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PVC Packing Straps Market is Expected to Reach at a US$ 213 Million by 2033 | FMI

PVC Packing Straps Market
PVC Packing Straps Market

The market for PVC packing straps has expanded steadily, with a year-on-year growth rate of 3.8% during the period from 2018 to 2022. The global market value concluded at an estimated value of US$ 134 million by the end of this historical period in 2022.

The net worth of all PVC packing straps is anticipated to reach around US$ 139.8 million in 2023. From 2023 to 2033, if the worldwide market could continue to rise, the market is expected to expand at a promising CAGR of 4.3%. Furthermore, according to FMI, the global PVC packing straps industry could reach a valuation of US$ 213 million by the end of this forecast period.

PVC packing straps have become a popular option for a variety of applications in packaging and transportation because of their adaptability and affordability. Also, the rise in industrialization and manufacturing activities has escalated the requirement for secure bundling and packaging solutions, boosting the demand for such straps globally.

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The usage of these straps as an environment-friendly substitute for conventional plastic strapping materials is growing with sustainability goals gaining ground across countries.

Demand for effective and dependable packaging supplies, including PVC packing straps, is also surging to secure and protect items during the shipping of online merchandise. As a result of the booming e-commerce sector, the global sales of PVC packing straps are anticipated to get augmented in the coming days.

Key Takeaways from the Global PVC Packing Straps Market Study Report by FMI

  • In the current year 2023, the total sales of PVC packing in the United States are estimated to be around US$ 27 million. The focus of market players in this country on sustainability, and innovation in response to changing demands is anticipated to retain the dominance of North America.
  • The demand for PVC packing straps in Europe’s countries is surging with the growing requirement for cost-effective packaging solutions. However, for businesses looking to take advantage of the market potential in Europe, resolving environmental issues, using cutting-edge packaging technologies, and maintaining competitive pricing could be crucial.
  • China is projected to expand its production and export of PVC packing straps to the global market at an annual average rate of 5.7% during the forecast years. Further, PVC packing strap manufacturers in other Asia Pacific countries also have great chances to expand the range of products they sell during this period.

Competitive Landscape for the PVC Packing Straps Market Players

A few market players dominate the market by incorporating advanced packaging technologies and automation to enhance the efficiency and performance of PVC packing straps.

The competitive environment of the market has started influencing pricing tactics, forcing traditional pipe producers to adopt the production of PVC materials. However, to remain competitive, the start-ups entering the market must ensure that environmental standards are followed and solve issues with plastic waste and recycling.

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Both established and emerging market players have the chance to position recyclable and eco-friendly PVC packing straps as a competitive advantage given the growing attention being paid to sustainability.

PVC Packing Straps Market Outlook by Category

By Thickness:

  • Below 0.5 mm
  • 0.5 mm to 0.75 mm
  • 0.76 mm to 1 mm
  • Above 1 mm

By End Use Industry:

  • Food & Beverage
  • Pharmaceuticals
  • Electrical & Electronics
  • Automotive
  • Building & Construction
  • E-commerce
  • Chemicals & Fertilizers

By Region:

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

About Future Market Insights Inc. (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
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Cellular IoT Module Market: Thriving Business for Multiple End-use Industries. Explore More with Future Market Insights, Inc.

The market for cellular IoT modules is expected to be valued US$ 16.88 billion in 2023 and US$ 20.83 billion by 2033, according to Future Market Insight. Over the course of the projected period, a CAGR of 23.4% is expected in the market.

It is anticipated that the growing market expansion of 5G technology is driven by its acceptance. The higher data rates, reduced latency, and greater coverage of 5G technology are anticipated to drive up demand for cellular IoT modules.

The cellular IoT module market is anticipated to increase as a result of the development of mHealth services and government programmes to encourage IoT in healthcare. The growth of healthcare facilities and the increasing demand for healthcare services are having an effect on the total market share.

A crucial component of cellular IoT security policy is cloud-based security, as insecure cloud infrastructure increases the risk of data theft and device piracy. For instance, a drone used for surveillance or delivery can process information like imaging data and navigational instructions on its own.

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Applications of Cellular IoT Modules in Different Industries

Automotive Industry: The sales of cellular IoT modules in the automotive industry are expected to grow significantly during the forecast period due to the increased demand for connected automobiles. Since connected automobiles allow communication between vehicles and with the outside world, the automotive industry is projected to undergo substantial change as a result.

Telecom Industry: Currently, the telecom industry improves the cellular IoT modules market outlook. The market’s expansion is also aided by the industry’s rapid digitization and growing level of automation. Solutions for the Narrowband Internet of Things (NB-IoT) and Long-Term Evolution for Machines are being implemented by numerous medium-sized and large-scale businesses.

Key Takeaways 

  • The cellular IoT module market is likely to register at a CAGR of 23.4% during the forecast period.
  • Historically, the cellular IoT module market registered at a CAGR of 17% between 2018 and -2022.
  • The value of the cellular IoT module market is expected to be US$ 20.83 Bn by 2033.
  • Based on components, the hardware segment is likely to register at a 26.5% CAGR in the cellular IoT module market.
  • North America shows significant growth in the cellular IoT module market by 2033.
  • During the forecast period, the cellular IoT module market in China is likely to dominate.

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Competitive Landscape 

The inclusion of cellular IoT modules in the product lines of telematics solution providers has made it easier for fleet managers and off-highway vehicle OEMs to gather and analyze data to identify significant patterns and issues in the field’s instrumentation usage.

Furthermore, it is projected that a number of elements, such as robust security, ubiquitous quality, and resilient networks, would energize the sector over the coming several years.

Recent Developments:

  • In order to fulfill the rising need from the industry for smart-grid communications between charging stations and automobiles, Qualcomm developed a new power line communication device in May 2022.
  • In order to address the communication needs of electric vehicle (EV) charging stations, also known as electric vehicle supply equipment, Qualcomm Technologies, Inc. has developed the QCA7006AQ, a next-generation power line communication (PLC) device (EVSE).
  • The HL7845 Module was developed by Sierra Wireless in April 2021. The standard provides a 450 MHz wireless spectrum to meet the IoT connectivity requirements of European utility services.
  • In February 2021, Fibocom partnered with Red Tea, a leading provider of connection solutions, and Deutsche Telekom, the largest integrated telecoms company in the world, to ensure that it only provided best-in-class advertising nuSIM IoT components.

Key segments

By Component:

  • Hardware
  • Software

By Cellular Technology:

  • 3G
  • 4G
  • 5G
  • LTE-M
  • NB-Iot
  • Others

By End Use Industry:

  • Agriculture
  • Healthcare
  • Retail
  • Energy
  • Automotive & Transportation
  • Infrastructure
  • Others

By Region:

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

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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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Food Hydrocolloids Market Crosses US$ 14.5 Billion Mark in 2032, Aiming for 5.2% CAGR till 2032

The Food Hydrocolloids Market refers to the sector encompassing various hydrophilic polymers extensively used in food production. These substances, such as starches, gums, and proteins, interact with water to form gel-like structures, imparting desired texture, stability, and viscosity to a wide range of food products. With applications ranging from thickening and gelling agents to emulsifiers and stabilizers, the market is witnessing steady growth due to the rising demand for convenience foods, functional ingredients, and innovative formulations in the food industry.

The global food hydrocolloids market is set to witness growth at a CAGR of 5.2% and is anticipated to reach a valuation of around US$ 14.5 Bn by 2032. 

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Food hydrocolloids are extensively used in the food processing sector owing to their functional qualities and utilization as thickeners, gelling agents, and stabilizing agents. Moreover, the use of hydrocolloids has increased significantly in response to rising demand for ready-to-eat food products. This is expected to bode well for the growth in the food hydrocolloids industry. 

Further, increasing preference for convenience and ready-to-eat food products will propel the demand in the market. Furthermore, technological advancements and advanced packaging solutions have led to extensive food choices such as chilled, frozen and packaged meals. 

Key Takeaways from the Market Study 

  • The global food hydrocolloids market is anticipated to reach a valuation of around US$ 8.7 Bn by 2022
  • Based on application, the bakery and confectionery segment is anticipated to account for a significant market share over the forecast period.
  • East Asia food hydrocolloids industry is expected to witness a lucrative growth rate of 5.0% during the forecast period.
  • Animal source of food hydrocolloids to remain a prominent source in the coming years
  • Europe is expected to emerge as a significant market for food hydrocolloids industry in the forecast period

“Food hydrocolloids is extensively being used as a replacement for functional food ingredients and in confectionary food products as emulsifier. This is expected to boost sales notably over the forecast period,” says a Future Market Insights analyst. 

Competitive Landscape 

Prominent food hydrocolloid players are broadening their footprint by launching new products and forging strategic partnerships by investing heavily in market expansion and increasing production capabilities.  

Cargill, Incorporated announced the launch of its new, state-of-the-art pectin production facility in Bebedouro, Brazil, in September 2021. The plant, which cost US$ 150 million to build, boosts the company’s ability to fulfill expanding global demand for the texturizing ingredient. It will manufacture Cargill, Incorporated’s HM pectins in their entirety, considerably increasing the company’s pectin production and expanding supply in Latin America and Europe 

W Hydrocolloids, a global supplier of carrageenan, launched two new products in July 2021 by the name Ricogel 88150 and Ricogel 84668 for application in yogurts, marmalade and plant-based burgers respectively 

Explore More Valuable Insights 

Future Market Insights, in its new report, offers an impartial analysis of the global food hydrocolloids industry, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. 

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Food Hydrocolloids Market by Category 

By Type: 

  • Gelatin 
  • Carrageenan 
  • Xanthan Gum 
  • Alginates 
  • Agar 
  • Pectin 
  • Gum Arabic 
  • Locust Bean Gum 
  • Other Types 

By Application: 

  • Bakery and Confectionery 
  • Meat and Poultry Products 
  • Beverages 
  • Dairy Products 
  • Sauces and Dressing 
  • Other Applications 

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 5000 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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Unlock Opportunities in the Conveyor Belt Market Set to Boom 4.1% by 2033, Reaching US$ 6.0 Billion

Conveyor Belt Market
Conveyor Belt Market

In 2023, the worldwide conveyor belt market is projected to be worth US$ 4.0 billion, and by 2033, it will be worth US$ 6.0 billion. During the forecast period, the global market is anticipated to achieve a CAGR of 4.1%.

Key Takeaways:

  • The global conveyor belt market is estimated to register a CAGR of 4.1% with a valuation of US$ 6.0 billion by 2033.
  • In the historical period, the market secured a CAGE of 3.8% with a valuation of US$ 3.8 billion in 2022.
  • The United States is anticipated to dominate the global market by capturing a share of 16.1% by 2033.
  • Germany is estimated to secure a share of 6.1% in the global market during the forecast period.
  • With a share of 6.2%, Germany is significantly driving the global market.
  • Australia is estimated to register a share of 2.2% in the global market by 2033.

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How do the Manufacturers Drive the Global Market Size?

Manufacturers drive the global market through several marketing strategies to increase the demand for their products. Here are a few of the ways the manufacturers drive the global market size are:

  • Product Innovation: Manufacturers continue to invest in research and development activities to innovate better design conveyor belts to improve efficiency, durability, and performance. They adopt new materials, excellent coatings, and the latest technologies to fulfill industries’ specific requirements.
  • Customization: Manufacturers offer customized products to their customers as per their unique requirements. They provide different sizes, shapes, and colors of products to various industries to attract them. These manufacturers are focused on developing low-capacity and environmentally friendly products.
  • Quality Assurance: Manufacturers ensure high-standard products to build trust in the market and enhance their reputation. They implement strict rules and quality control measures to improve consumers’ demand and performance.
  • Cost-effectiveness: Manufacturers optimize production processes to reduce manufacturing costs and offer competitive prices to their customers.
  • Marketing and Advertising: Manufacturers effectively advertise and market their products in trade shows, campaigns, and exhibitions to create brand awareness. Through these channels, they reach their relevant consumers and increase sales.
  • After-sale Support: Manufacturers provide after-sale support to their customers, including replacement, maintenance, and repair services to satisfy customers. It also enhances trust and maintains long-term relationships between manufacturers and consumers.
  • Sustainability Initiatives: Recently, manufacturers are focusing on developing sustainable products to gain a competitive edge in the global market. They attract consumers to adopt eco-friendly materials to expand their reach.
  • Global Expansion: Manufacturers seek opportunities in the market to enhance their customer base all around the region. Through their presence, manufacturers expand the global market through their innovations, strategies, and technologies.

How are Key Players Contributing to the Global Market?

The global market is highly competitive by the present key players worldwide. These essential players significantly drive the global market through their innovations and strategies.

These players are advancing the global market through various marketing strategies, including mergers, collaborations, acquisitions, product launches, and agreements. They launched new products and took feedback to fill their gaps as per customers’ requirements.

Recent Developments in the Global Market are:

In 2021, REMA TIP TOP AG announced to expand its services in Germany by purchasing a conveyor technology business in Neu-Ulm.

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Top Key Players in the Conveyor Belt Market

  • Zhejiang Double
  • Siemens AG
  • TGW Logistics Group
  • Emerson Electric Co.
  • Intelligrated
  • Daifuku Co. Ltd.
  • Interroll Holding GmbH
  • Vanderlande Industries B.V.
  • Taikisha Ltd.
  • Fives
  • Swisslog

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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Colloidal Metal Particles Market Poised for Remarkable Growth, Riding on Chemical Industry’s Shift Towards Efficient Catalysts, to Reach US$ 32.3 Billion by 2028

The global market for colloidal metal particles witnessed significant growth, surpassing the US$ 20.2 billion mark in 2022, driven by their diverse applications across various industries. With an impressive projected compound annual growth rate (CAGR) of 8.1%, the market is expected to reach a substantial US$ 32.3 billion by 2028. This growth trajectory is fueled by the expanding utilization of colloidal metal particles in sectors such as healthcare, electronics, and catalysis, indicating a promising outlook for the market’s expansion over the coming years.

Among the product type segments, the titanium oxide colloidal metal particles segment is expected to account for a large volume proportion of the market while the gold colloidal metal particles segment, given its high price, is expected to account for a noteworthy value proportion in the colloidal metal particles market during the forecast period.

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Rising Use of Colloidal Metal Particles as Catalysts to Propel the Growth of Global Colloidal Metal Particles Market

Future Market Insights suggests that the global colloidal metal particles market is estimated to register robust growth throughout the forecast period, prominently due to its rising applications as a catalyst. The chemical industry has been making a shift towards nano-scaled catalysts, a move that will prove to be beneficial for the colloidal metal particles market.

The enhanced surface area per particle escalates the efficiency of the catalyst, an important factor responsible for increasing the demand for colloidal metal particles within the chemical industry. Colloidal metal particles are also being increasingly used in dietary supplements, either directly or in combination with other ingredients. For instance, copper colloid metal particles are increasingly being used to enhance the human body’s ability to absorb iron particles. Similarly, silver colloidal metal particles are proven to be effective in treating skin conditions, such as acne and chickenpox.

They are also effective against various infections. The growing market for dietary supplements, as a whole, is anticipated to have an optimistic impact on the colloidal metal particles market.

However, the issue of toxicity has put forth several legislative barriers in the development of the colloidal metal particles market. Some studies have also shown that uncontrolled use of such particles contaminates the environment and hence, country-level regulations have been passed to monitor the consumption of the aforementioned colloidal metal particles, among others.

Global Colloidal Metal Particles Market Competition Landscape

The report highlights some of the top companies operating in the global Colloidal Metal Particles market, including

  • Purest Colloids, Inc.
  • Evonik Industries AG
  • Nouryon
  • Tanaka Holdings Co., Ltd.
  • IMRA America, Inc.
  • W. R. Grace & Co.-Conn
  • SunForce Health & Organics Inc.
  • BBI Solutions

Global Colloidal Metal Particles Market Segmentation Analysis

The Colloidal Metal Particles market has been categorised on application basis into catalysis & photocatalysis, adsorbent, drug delivery and dietary supplements.

  • On application basis, the catalysis & photocatalysis segment is forecast to retain leading position in the colloidal metal particles market in terms of both consumption as well as revenue generation
  • The dietary supplement segment is projected to grow at a robust CAGR during the forecast period. Its market value is expected to grow and become over 2.2X between 2018 and 2028

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Global Colloidal Metal Particles Market Regional Forecast

Regionally, China alone accounts for a prominent proportion of the global colloidal metal particles market, positioning itself with the likes of multi-country regions, such as North America and Western Europe. Accounting for well over 22% of the revenue proportion in the total colloidal metal particles market, China is anticipated to register significant CAGR during the forecast period.

The overall Colloidal Metal Particles market is expected to grow at a CAGR of 8.1% while regions, such as Western Europe, Eastern Europe, and countries, such as India and Japan, are expected to grow at a moderately higher pace owing to rising demand in these regions.

Colloidal Metal Particles Market by Category

Product Type :

  • Aluminium Oxide
  • Silver
  • Gold
  • Zinc
  • Copper
  • Platinum
  • Iridium
  • Silicon
  • Iron Oxide
  • Titanium Oxide
  • Palladium
  • Others (Manganese, Cerium, Indium, Tin)

Application :

  • Catalysis & Photocatalysis
  • Adsorbent
  • Drug Delivery
  • Dietary Supplements

Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia and Pacific
  • China
  • India
  • 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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Tissue and Hygiene Products Market: Likely to Hold the Global Market at a Moderate CAGR of 23.5% by 2032

Tissue and Hygiene Products Market
Tissue and Hygiene Products Market

The Tissue and Hygiene Products Market is expected to maintain a moderate Compound Annual Growth Rate (CAGR) of approximately 23.5% throughout the forecast period. With a projected revenue of around US$ 51.2 billion in 2022, the global market is anticipated to exceed US$ 422.61 billion by the conclusion of 2032.

The rising demand for items such as tissues and toilet paper is evident, yet challenges persist in the form of disposal issues and stringent regulations governing the processing and disposal of hygiene products across many countries. Moreover, the escalating prices of raw materials essential for manufacturing these products are exerting a detrimental effect on growth.

Given that tissue papers and toilet papers rely on wood pulp and necessitate processing to become usable, processing industries encounter various obstacles related to the procurement and escalating costs of raw materials. These factors pose potential limitations to the growth of the tissue and hygiene product market.

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Asian Countries are coming up as emerging markets for tissue and hygiene products.

The South-East Asia and China are the biggest market for hygiene and tissue products, observed for about 68%-70% sales of the products. Along with China, Vietnam, Singapore and Indonesia are also showing good amount of growth in sells, and are becoming target for hygiene products manufacturing industries.

Recently, decreasing birth rates are having negative impact on baby hygiene products, but on the other hand, increasing self-hygiene awareness and habitual use of sanitation products is showing positive impact on the tissue and hygiene products market growth.

Key Players:

  • MPI Papermills Inc.
  • Procter & Gamble Company
  • Sofidel Group
  • Asia Pulp and Paper Group
  • Carmen Tissues S.A.E
  • Clearwater Paper Corporation
  • Georgia Pacific LLC
  • Hengan International Group Co., Ltd.
  • Johnson & Johnson
  • Kimberly-Clark Corporation
  • Kruger Inc.
  • Svenska Cellulosa Aktiebolaget (SCA)
  • Unicharm Corporatio
  • Others

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Key Segments Profiled in the Tissue and Hygiene Products Market

By Product Type:

  • Paper Towels
  • Paper Napkins
  • Wipes
  • Toilet Papers
  • Incontinence Products
  • Others

By End User:

  • Commercial
  • Food and Beverages Industry
  • Hospital and Healthcare
  • Other

By Distribution Channel:

  • Health and beauty stores
  • Chemist/Pharmacies/Drugstores
  • Supermarkets
  • Convenient Stores
  • E-retailing
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and 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
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Ice Cream Packaging Market is Likely to Reach US$ 1263.74 Million by the End of 2033 | FMI

Ice Cream Packaging Market
Ice Cream Packaging Market

The worldwide ice cream packaging market is expected to be worth US$ 853.74 million in 2023 and is predicted to advance at a CAGR of 4.0% between 2023 and 2033. By the end of 2033, the ice cream packaging industry is expected to be worth US$ 1263.74 million.

The ice cream packaging industry was anticipated to expand further due to the rising demand for frozen desserts. Vital forces are the growing acceptance of single-serving packs, sustainable and eco-friendly packaging solutions, and material advances to protect product quality.

Eco-Friendly Packaging Solutions: The Sustainable Shift in the Ice Cream Industry

Ice cream’s growing popularity as a favorite dessert and indulgence meal contributes to a rise in demand for appealing and functional packaging solutions. In addition, packaging material and technology innovations have resulted in sustainable and ecological-friendly options, coinciding with consumer expectations for environmentally responsible choices.

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Expanding single-serve and on-the-go consumption behaviors have increased demand for portable and convenient packaging designs. Also, manufacturers’ emphasis on increasing product shelf-life and maintaining product quality has fueled innovations in packaging to enable great preservation and protection throughout transit and storage.

These driving elements collectively support the expansion and competitiveness of the ice cream packaging market in the food packaging industry.

Confronting Restraints: Challenges in the Ice Cream Packaging Industry

The growing global emphasis on sustainability and environmental issues is a big challenge. Consumers demand environment-friendly packaging, putting pressure on manufacturers of ice cream to use sustainable materials and methods.

Finding acceptable alternatives that preserve product freshness and quality while minimizing environmental impact can be expensive and time-consuming. Further, strict rules and standards for food safety and labeling limit the industry’s packaging options.

Economic uncertainty, fluctuating raw material costs, and supply chain interruptions can all challenge ice cream packaging companies, making it difficult to attain market stability and profitability.

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Regional Outlook

  • As North America’s ice cream packaging market has always been a big consumer of ice cream, there has been a constant increase in demand for innovative and sustainable packaging solutions. Consumers’ choice of convenience and environment-friendly packaging has fueled the transition to sustainable materials and designs.
  • In Europe’s ice cream packaging sector, as in North America, there was a considerable emphasis on sustainability and environmental issues. Companies concentrated on decreasing their carbon footprint, and biodegradable and compostable packaging materials gained prominence.
  • Rapid urbanization and rising disposable income in the Asia Pacific led to great consumption of ice cream products. This increase in demand prompted further expenditures in innovative packaging technologies to meet the needs of a broader customer base.

Key Takeaways

  • The ice cream packaging industry in the United States is projected to expand by US$ 45.2 million between 2023 and 2033.
  • From 2023 to 2033, New Zealand’s ice cream packaging market is expected to develop at a 3.4% CAGR.
  • In 2023, the plastic category accounted for 58% of the global market share.

Competitive Landscape

The market has been competitive due to rising global demand for products. Also, innovations in eco ice cream packaging market-friendly and sustainable packaging solutions, developments in packaging technology, cost-effectiveness, and the capacity to meet stringent regulatory standards are all key elements affecting competition.

Established firms and emerging competitors frequently fight for market share by offering creative, eye-catching, and convenient packaging solutions that appeal to customers while aligning with their environmental concerns.

Novel Breakthroughs

  • Partnership

Borealis plans to partner with Paccor (Germany) and Froneri (Finland) in June 2022. It has created a bio-based feedstock mono-material PP ice cream packaging.

  • Launch

In August 2019, Berry Global Inc. unveiled a pint-sized sustainable ice cream solution in which ice cream manufacturers use a paper pint. It is a clear point that provides an environment-friendly solution on all three fronts.

Key Segmentation

By Packaging Type:

  • Cup
  • Tub
  • Stick Pack
  • Folding Carton
  • Others (Jar, Cone Wrappers, etc.)

By Material:

  • Plastic
  • Paper & Paperboard
  • Glass
  • Others (Metal, etc.)

By Sales Channel:

  • Online
  • Offline

By Region:

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

About Future Market Insights Inc. (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
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Polymeric Sand Market Propelled by Global Landscaping Trends and Sustainable Construction Initiatives, Forecasts Predict a Staggering US$ 249.94 Billion Valuation by 2034

In 2024, the global polymeric sand market soared, hitting a value of roughly US$ 127.05 billion. This surge in adoption across diverse applications sets the stage for a promising trajectory. Projections indicate a robust compound annual growth rate (CAGR) of 7.0% between 2024 and 2034, foreseeing an impressive leap beyond US$ 249.94 billion by 2034. The continued expansion in applications and market demand suggests a steady and substantial upward trend for polymeric sand within the construction and landscaping industries.

Growth of the polymer sand market is influenced by a wide range of factors including focus of key players on high-quality product offerings with long term warranty, and increasing preference for customized products among end-users.

Significant resurgence in the construction industry in recent years can be backed by the fact that, construction materials manufacturers have been increasingly adopting the Business Information Modelling (BIM) to expand their customer base and increase sales. Key players in the polymeric sand market have been focusing on capitalizing the opportunities in online retail. Polymeric sand manufacturers have been strengthening their visibility in online channels, such as Amazon, in line with search of end-users for established suppliers who have robust e-commerce interface.

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Spending in the construction industry spurred in tandem with increasing GHDI of consumers worldwide, which has created potential opportunities for the market players to benefit from. This has further led the leading polymeric sand market players to concentrate on assessment of building trends that result from consumer sentiments in regional markets with growth potential. These players are entering into tie-ups with government entities and building contractors as a long-term sales growth strategy.

Providing customer requirement-specific products at competitive prices, considering the economic tier and purchasing power of the customer base, continue to remain one of primary objectives of the players in the polymeric sand market. Additionally, efforts of the players toward product and brand endorsements for creating awareness on the benefits of polymeric sand among the targeted customers, continues to significantly underpin the market growth.

Demand Remains Robust for Footpath Construction, Sales in Patios to Gain Fast Traction

Footpath construction has traditionally been the most lucrative application of polymeric sand, however sales in forming patios have gained significant momentum in recent years. The report opines that gains from polymeric sand sales in patio construction are expected to remain competent compared to those from footpaths in 2021, currently accounting for approximately 23% and 25% market share respectively.

As the focus of homeowners on expanding their residential areas into outdoors that feature covered patios, media centers, and kitchens, demand for polymeric sand to build patios continues on an upward spiral. According to the report, nearly 50% of houses have patios in the US alone. Additionally, several homeowners prefer larger patios over basic plan outlines, and those facing budget stringency eye plumbing & wiring activities for outdoor kitchens and other amenities.

Residential Sector to Hold Majority Share in Polymeric Sand Market

The report states that residential end users hold nearly half volume share of the polymeric sand market, representing the volume of over 35 thousand tons in 2018. Resurgent growth of the housing industry and renovation activities by homeowners in the recent past allude growing demand for various construction materials and consumables, which has been indirectly influencing demand for polymeric sand. The advent of polymeric sand has offset the challenges associated with washout owing to lack of binders in sand, while preventing the growth of weeds, ant hills, and grass as a consequence.

According to the study, gains will also remain strong from the commercial sector, wherein sales are partly driven by large-scale infrastructure development projects worldwide, particularly in developing economies of the Asia-Pacific. Another key factor influencing sales of polymeric sand in the commercial sector is increased focus of governments on strengthening their energy infrastructure, and investing in the development of transit facilities.

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Key Segment

Product Type

  • Polymeric Sand
  • Polymeric Dust

Colour

  • Beige
  • Gray
  • Black & Others

Application

  • Footpaths
  • Patios
  • Pool Decks
  • Parking Spaces
  • Pavements & Auxiliary Spaces

End Use

  • Residential
  • Commercial
  • Infrastructural

Region

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

About Future Market Insights (FMI)

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

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
LinkedIn| Twitter| Blogs | YouTube