Wind Turbine Composite Materials Market Soaring Towards US$ 25.4 Billion by 2032 with a CAGR of 7.14%

With sales increasing at a robust CAGR of 7.14% from 2022 to 2032, the worldwide wind turbine composite materials market is anticipated to reach a valuation of US$ 25.4 Billion by that year. The target market is expected to grow from US$ 12 Billion in 2021 to an estimated US$ 12.75 Billion in 2022. The market for wind turbine composite materials is anticipated to have significant expansion during the forecast period as a result of increased carbon fiber applications and expanding wind energy installations.

Composites are of tremendous importance in the manufacturing of wind turbine rotor blades, one of the key components of the general wind turbine structure. Owing to the persistent increment in the length of rotor blades so as to raise the wind turbine output, the market for wind turbine composite materials is offered numerous growth opportunities during the projected period.

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Again, the soaring demand for wind energy leads to the construction of larger wind blades that are more effective and deliver higher output. This is anticipated to spearhead the demand for composite materials for blades. Additionally, the advantages of using composites over traditional materials like steel and aluminum are predicted to foster the expansion of the wind turbine composite materials market size during the assessment period. Composite materials offer several advantages including lower maintenance, corrosion resistance, extended lifecycle, and high strength-to-weight ratio. These benefits will likely underpin the market demand over the forecast period.

The rising demand for composites that further help in improving the strength and providing greater stiffness to structural parts of wind turbines, like nacelles and blades, is expected to drive the demand for such composite materials. This will positively influence the wind turbine composite materials market during the projection period.

“Heightened demand for lightweight materials with greater efficiency is expected to spur the global demand of the wind turbine composite materials market over the forecast period,” – says FMI analyst.

Key Takeaways:

  • High costs associated with the target product may restrain the growth of the market.
  • Increasing demand for sustainable and clean energy will strengthen the market prospects.
  • The wind turbine composite materials market in North America will grow at a substantial CAGR during the forecast period.
  • Asia Pacific will emerge as one of the most lucrative markets for wind turbine composite materials.
  • By fiber type, the glass fiber segment will contribute significantly to the overall market growth.

Competitive Landscape 

Key market participants are keen on entering markets in emerging economies to develop their manufacturing facilities. These businesses are focusing on product innovation and development to gain a competitive edge.

Key Players in the Market

  • TPI Composites
  • Cytec Industries
  • Gurit Holding AG
  • Teijin Limited
  • Rotal Tencate NV

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More Insights into Wind Turbine Composite Materials Market Report

In its latest report, FMI offers an unbiased analysis of the global wind turbine composite materials market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of fiber type (carbon fiber, glass fiber), resin (epoxy, vinyl ester, polyester, polyurethane), application (towers, rotor blade, nacelle, hub), and region.

According to the latest FMI reports, based on segmentation, the glass fiber segment is predicted to contribute substantially to the overall market growth. The chemical resistance, good stiffness, and affordability of glass fibers make them a popular choice among end-users.

Based on region, the wind turbine composite materials market in North America will present considerable growth. The target market in this region is anticipated to grow at a steady rate during 2022-2032. Escalating power consumption, implementation of stringent environmental regulations by the U.S. and Canadian governments, and the strong presence of key market participants will drive the growth of the wind turbine composite materials market in North America during the projection period. Apart from, North America, the Asia Pacific region will also present notable growth in the wind turbine composite materials market during 2022-2032.

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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Future Market Insights Inc.
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Cotton Candy Maker Market: Anticipated to Reach Nearly US$ 169.3 Billion by 2032

Cotton Candy Maker Market
Cotton Candy Maker Market

In 2022, the worldwide market for cotton candy makers is valued at approximately US$ 107.2 billion. It is expected to grow steadily, reaching nearly US$ 169.3 billion by 2032. This growth represents a Compound Annual Growth Rate (CAGR) of 4.7% from 2022 to 2032.

Trends and Drivers of the Cotton Candy Market

  • The global cotton candy maker market is expected to experience significant growth as manufacturers worldwide focus on developing innovative and user-friendly cotton candy makers.
  • Manufacturers are primarily concentrating on product development to enhance the features and usability of cotton candy makers.
  • There is a rising adoption of portable cotton candy makers, particularly for parties and picnics, as they offer convenience and appeal to individuals.
  • Portable cotton candy makers are user-friendly, compact in size, and easily transportable, making them suitable for various settings.
  • These machines can produce a variety of candy floss shades and flavors with just the flip of a switch, providing versatility that attracts consumers to adopt such products.
  • The versatility and convenience offered by portable cotton candy makers are driving their increasing popularity among consumers.

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Cotton Candy Maker Market Forecast and CAGR

Cotton candy is a spun sugar delicacy that mimics cotton. It’s also known as fairy floss or candy floss. It usually has a modest amount of flavoring or coloring in it.

The players in the market are focused on providing advanced and convenient cotton candy maker such as portable cotton candy machines. The market is set to witness a CAGR of 3.0% during 2021-2031.

North America Cotton Candy Maker Market

  • North America holds a significant market share of 28% in the global cotton candy makers market, with the United States being the most lucrative market in the region.
  • The United States stands out as a major customer due to its high disposable income and evolving lifestyle trends.
  • Family gatherings, birthday parties, gender reveal parties, and similar events are popular in both Canada and the United States, where cotton candy machines serve as significant attractions.
  • Market players in North America are focusing on delivering portable, innovative, and user-friendly cotton candy makers to meet consumer demands.
  • Portable features make it easier for consumers to travel with these machines, enhancing their convenience and usability.
  • The emphasis on portability, innovation, and user-friendliness by market players contributes to the growing popularity of cotton candy makers in North America.

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US and Canada Cotton Candy Maker Market Outlook

US is considered as the lucrative market for candy maker market globally.

The people living in US & Canada are much fond of parties, family get-togethers etc. so one can notice cotton candy machines in their every functions. Furthermore, the players in the market are even providing portable and innovative candy makers so that even while travelling the consumers can enjoy the cotton candies.

Apart from this in order to attract the small kids the manufactures are offering cotton candy machines in different designs with numerous emoji’s on it.

Europe Demand Outlook for Cotton Candy Maker

One of the most influential current trends that has reshaped retail offerings is premiumization.

The demand for decent and premium quality candy makers in the Europe is expected to grow as consumer spending increases.

For instance, the internet-connected cotton candy machine was constructed by Flickr user usopyon and his friends. It’s made out of an Arduino-powered colored sugar mixer that dispenses precise proportions of pink, green, and blue sugar to generate a different colored puff of cotton candy for each user.

Who are the Key Manufacturers and Suppliers of Cotton Candy Maker?

Some of the leading manufacturers and suppliers of cotton candy maker include

  • The Candery,
  • Nostalgia Products,
  • Olde Midway,
  • Mary Mack’s,
  • Paragon Popcorn,
  • Great Northern Popcorn,
  • Clevr Candy Machine,
  • Wayfair LLC  and among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments

By Product Type:

  • Big Size
  • Small Size

By Application:

  • Commercial
  • Household

By Sales Channel:

  • Supermarket/Hypermarket
  • Specialty Stores
  • Wholesalers/Distributors
  • Online Retailers
  • Convenient Stores

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • 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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Aquarium & Fish Bowls Market: Sales Projection Indicates 5.1% CAGR by 2033

Aquarium & Fish Bowls Market
Aquarium & Fish Bowls Market

According to recent findings from Future Market Insights (FMI), the market for aquariums and fish bowls is valued at US$ 1.61 billion in 2023. It is expected to grow to US$ 2.65 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 5.1% from 2023 to 2033. The market share of aquariums and fish bowls within the broader Fish Tank Market ranges from approximately 8% to 12%

Key Trends Driving Sales Of Aquarium & Fish Bowls In The Global Market

  • The expansion of the aquarium and fish bowls market is driven by the increased preference among millennials for attractive aquarium fish with vibrant colors, aligning with their high-end lifestyle choices.
  • Ornamental fish offer numerous advantages to consumers, contributing to the high demand for aquariums and fish bowls.
  • Popular tranquil fish with beautiful colors include Betta Fish (Siamese fighting fish), Goldfish, Guppy, and Cory Catfish, among others.
  • The rising demand for specific varieties of fish contributes to the growing popularity of fish tanks and aquariums.
  • Sales of fish tank water additives present lucrative growth prospects for the aquarium and fish bowls market, as they help extend the lifespan of fish in simulated conditions.

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The number of people keeping pets, including fish, as companions has been steadily increasing. Aquariums and fish bowls are popular choices for housing and displaying fish due to their affordability, convenience, and aesthetic appeal. The rise in pet ownership directly contributes to the demand for aquariums and fish bowls.

The aquarium industry has seen technological advancements. Improved filtration systems, energy-efficient lighting, and automated feeding systems have been developed. These advancements make aquariums easier to maintain. They create a more accessible and enjoyable experience for hobbyists. Consequently, they drive the aquarium & fish bowls market growth.

Social media platforms and online communities cater to aquarium enthusiasts. They provide a space to share experiences and knowledge and showcase aquarium setups. This digital presence has played a significant role in popularizing the hobby. Moreover, public aquariums and tourist attractions showcase large-scale aquatic displays. They capture public interest and fascination with marine life. These establishments inspire visitors to think about having their own aquariums. As a result, there is an increased demand for aquariums and fish bowls.

The rise of online retail and e-commerce platforms has expanded the accessibility and availability of aquarium and fish bowl products. Customers can easily access a diverse selection of products, including different shapes, sizes, materials, and styles of aquariums and fish bowls. Additionally, online platforms often offer comprehensive product information, guidance, and customer support to assist buyers in making informed decisions. This trend has opened up new opportunities for both established brands and emerging players in the market.

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Planted tanks have gained momentum since they offer a more natural and visually appealing environment for fish, mimicking their natural habitats. Live plants improve water quality by absorbing nitrates and producing oxygen, and create a balanced ecosystem within the aquarium. Additionally, live plants contribute to the overall aesthetics of the tank, enhancing its visual appeal. As people become more conscious of the well-being of their fish and the overall beauty of their aquariums, the demand for planted tanks is expected to rise.

The popularity of reef aquariums has been rising for the past few years. The growth of this trend can be attributed to advancements in reef aquarium technology, including improved lighting systems, filtration methods, and water chemistry control. Additionally, the availability of captive-bred coral species and sustainable collection practices has contributed to the popularity of reef aquariums among marine enthusiasts.

Saltwater aquariums have gained popularity among enthusiasts who are willing to invest time and resources to create a captivating and vibrant underwater ecosystem. With advancements in technology and improved accessibility to equipment and information, more hobbyists are venturing into saltwater aquarium keeping. This trend is projected to drive the aquarium & fish bowls market growth as more people seek to set up and maintain saltwater aquariums.

There is a growing emphasis on sustainable and eco-friendly products in consumer markets. This trend extends to the aquarium industry as well. Manufacturers are developing products using recycled materials and energy-efficient components. They also promote responsible fishkeeping practices. The focus on sustainability attracts environmentally conscious consumers. It contributes to the growth of the aquarium market.

Key Takeaways from the Aquarium & Fish Bowls Market

  • The aquarium & fish bowls industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 4.7% through 2033.
  • The United States held a 32.1% share of the global aquarium & fish bowls industry in 2022.
  • With a CAGR of 7.2% over the forecast period, India is predicted to develop rapidly in the aquarium & fish bowls industry.
  • In 2022, Japan had a 5.2% share of the global aquarium & fish bowls industry.
  • China’s aquarium & fish bowls industry is expected to flourish speedily, registering a CAGR of 6.8% over the forecast period.
  • Germany accounted for 6.1% of the global aquarium & fish bowls industry in 2022.

Competitive Landscape in the Aquarium & Fish Bowls Market

Key players are focusing on various strategies to maintain their competitive edge and cater to the evolving needs of consumers. They are investing in research and development to introduce innovative and technologically advanced products that enhance the overall aquarium experience.

Key players are also expanding their product portfolios to offer a wide range of options, including different sizes, shapes, materials, and designs, to cater to diverse customer preferences. Additionally, they are actively involved in marketing and promotional activities to create awareness about their products and attract potential customers. Moreover, these players undertake marketing strategies, partnerships, and collaborations to expand their distribution networks and reach a wider customer base.

Recent Developments by Key Players

  • Abu Dhabi opened the largest multi-species aquarium in the world in May 2023. The aquarium is a component of SeaWorld Abu Dhabi, which Miral is building.
  • The revolutionary project AQVERIUM, India’s First Digital Water Bank, was introduced in Bengaluru, Karnataka, in March 2022 to improve water management.

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Market By Category

By Product Type:

  • Aquarium
  • Fish Bowl

By Material Type:

  • Glass
  • Acrylic
  • Plastic
  • Others

By Shape:

  • Rectangle
  • Corner Pentagon
  • Bow front
  • Cylinder
  • Flat Back Hexagon
  • Quarter Cylinder

By Capacity:

  • Up to 5 gallons
  • Up to 10 Gallons
  • Up to 20 Gallons
  • Up to 40 Gallons
  • Over 40 Gallons

By Application:

  • Commercial
  • Residential

By Sales Channels:

  • Wholesale distributors
  • Specialty Stores
  • Aquarium shops
  • Pet Care Shops
  • Online Retailers
  • Other Sales Channel

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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Digital Repeater Market Aims for US$ 1,054 Million with 8.6% CAGR by 2032

The digital repeater market sales are expected to increase from US$ 462.2 million in 2022 to US$ 1,054 million in 2032, expanding at a CAGR of 8.6%. Demand for strong signals in both public and private infrastructure, such as campuses, business parks, colleges, and institutions, as well as the growing telecommunication network infrastructure, are anticipated to boost the growth of the digital repeater market share.

The global industry’s expansion is expected to be hampered by compatibility issues as well as several technological challenges relating to the use of digital repeaters. However, the development of 5G for telecommunications between smart devices and machines promotes the creation of quick and advanced connections between gadgets.

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Digital Repeater Market: Market Dynamics:
Unlimited spectrum agility, sharp filtering, high selectivity, custom filters, multiple frequency bands, flexibility, easy Installation and monitoring, advanced processing and network optimization, and wider band digital processing technology are the drivers of the digital repeater market

High costs, compatibility issues, complex permitting requirements, complex operation in multiple network architectures, traffic cannot be filtered to ease congestion, etc. are the restraints of the digital repeater market.

A digital repeater is a device that receives and amplifies digital signals to extend their range and improve their quality. Digital repeaters are commonly used in wireless communication systems, such as cellular networks, to improve signal strength and coverage in areas with weak or no signal.

The digital repeater market is driven by the increasing demand for wireless communication services, particularly in developing countries where the adoption of mobile devices is rapidly increasing. Digital repeaters offer a cost-effective solution for extending the coverage and improving the quality of wireless signals, allowing users to stay connected in areas where there would otherwise be no coverage.

The market for digital repeaters is also being driven by the increasing adoption of 5G networks, which require more advanced and sophisticated repeater systems to maintain the high speeds and low latency associated with 5G technology. The development of new and innovative digital repeater technologies, such as distributed antenna systems (DAS) and small cell networks, is also driving the growth of the market.

 Leading Key Players:

  • Coiler Corporation
  • Axell Wireless Ltd.
  • Puget Sound Instrument Company Inc. (PSI company)
  • Shenzhen Lianstar Technology Co. Ltd.
  • Cellular Specialties Inc. (CSI)
  • Telco Antennas Pty Ltd.

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Digital Repeater Market: Regional Outlook:
Geographically, North America is expected to dominate the digital repeater market owing to higher demand for digital repeaters in building applications and unlimited spectrum agility followed by Western Europe and Asia-Pacific in the digital repeater market. APEJ is anticipated to have significant growth over the forecast period owing to rapidly developing network infrastructure, growing telecommunications volume, and rising number of mobile users in developing nations such as China and India in this region.

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

Digital Repeater Market Segmentation:

By Configuration:

  • Single Band
  • Dual Band
  • Tri-Band
  • Quad Band

By Power Requirements:

  • ½ Watt
  • 1 Watt
  • 5 Watt

By End User:

  • Telecommunication
  • Public Safety
  • Transportation
  • Automobiles
  • Education
  • Energy & Forestry
  • Utility

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.

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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Biodegradable Microbeads Market: Further Projected Growth at a CAGR of 8.5% by 2033

Biodegradable Microbeads Market
Biodegradable Microbeads Market

In 2023, the global market size for biodegradable microbeads is expected to exceed US$ 4,561.1 million. From 2023 to 2033, it is forecasted to grow steadily at a Compound Annual Growth Rate (CAGR) of 8.5%. By 2033, the market is anticipated to reach approximately US$ 10,312.5 million.

Key Trends Driving the Demand for Biodegradable Microbeads

  • The biodegradable microbeads market is expected to experience significant growth during the forecast period, driven by increasing demand for personal care products such as toothpaste, shampoo, scrubs, hair gel, cosmetics, hygiene products, and life science products.
  • There is a growing emphasis on reducing environmental pollution, leading to a greater need for eco-friendly alternatives like biodegradable microbeads.
  • Improved awareness and understanding of the benefits of eco-friendly microbeads are also contributing to the market’s expansion.
  • Manufacturers are focusing on product innovation to enhance quality, meet customer needs, and promote environmental sustainability.
  • Biodegradable microbeads have the advantage of being liquefiable, allowing them to easily blend with creams or other substances to improve thickness and quality.
  • As a result, they are being increasingly incorporated into a wide range of personal care and cosmetic products.

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Various governments and regions have adopted restrictions or absolute prohibitions on the use of plastic microbeads in personal care products in response to environmental concerns about these particles. For instance, plastic microbeads have been prohibited or limited in the United States, Canada, the European Union, and numerous other nations. This has led to a desire for alternatives, including biodegradable microbeads, which abide by these rules and provide manufacturers with a sustainable choice.

Many businesses from a range of sectors have made sustainability a key value and set environmental footprint reduction targets. These businesses actively search for substitutes for plastic microbeads in their products as part of their green initiatives. They may show their dedication to environmental responsibility and satisfy consumer demand for eco-friendly solutions by including biodegradable microbeads.

Although toothpaste and exfoliating scrubs are two personal care products that frequently use microbeads, biodegradable microbeads are also growing in other fields. For instance, they are utilized in industrial operations as fluid modifiers, in the pharmaceutical sector as drug delivery systems, and in agriculture as soil additives. Due to their adaptability and eco-friendliness, biodegradable microbeads are enticing for a wide range of applications, driving the market growth.

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Key Takeaways from Biodegradable Microbeads Market Report:

  • In 2018, the global market size stood at US$ 3,144.8 million.
  • The global market size stood at US$ 4,215.4 million in 2022.
  • The exfoliator scrub segment captured 61.5% of the global market shares in 2022.
  • The cellulose and starch material type segment captured 34.8% of the global market shares in 2022.
  • Europe captured 22.6% of the global market shares in 2022.
  • North America acquired nearly 29.4% of the global market shares in 2022.

Key Players in the Global Market

  • BASF SE
  • Naturebeads
  • TerraVerdae
  • Evonik Industries AG
  • Mastumoto Yushi Seiyaku Company
  • Trelleborg AB
  • Sigmund Lindmer GmbH
  • Mo-Sci Corporation
  • Others

Recent Developments Observed by FMI:

  • In June 2023, BASF SE announced that two expansions at its facilities in Bangpakong, Thailand, and Cincinnati, Ohio, are going to increase its capacity to produce alkyl polyglucosides (APG®s) on a global scale. BASF, a global market leader in APGs, is expanding in two sectors at once to strengthen its position and better serve clients from regional supply points while minimizing cross-regional volume transfers. The new facilities are expected to begin operation in 2025.
  • Evonik Industries AG committed more than €400 million to the construction of a new rhamnolipid manufacturing facility in January 2022. Following substantial progress in its research and development, Evonik decided to build the plant. Rhamnolipids are biosurfactants utilized in detergents and shower gels as active ingredients. The demand for eco-friendly surfactants is increasing significantly on a global scale.

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Market Segmentation

By Microbeads Type:

  • Dispersible
  • Soft Beads
  • Exfoliator Scrub

By Application Outlook:

  • Composites
  • Paint and Coatings
  • Cosmetics and Personal Care
  • Others

By Material Type:

  • Cellulose
  • Aliphatic Polyesters
  • Starch

By Compounding:

  • Powder-based
  • Granule-based

By Region:

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

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
LinkedIn| Twitter| Blogs | YouTube

Alternative Accommodation Market: Anticipated to Flourish with a Steady 14.7% CAGR by 2033

Alternative Accommodation Market
Alternative Accommodation Market

Between 2023 and 2033, the alternative accommodation market is forecasted to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 14.7%. By 2033, the market is projected to reach a market share of US$ 627.8 billion, compared to an estimated value of US$ 159.3 billion in 2023.

Factors Driving the Global Alternative Accommodation Market

  • The tourism industry’s expansion has paved the way for substantial growth in the alternative accommodation market.
  • Travelers embark on journeys for various purposes such as holidays, leisure trips, and business endeavors.
  • Alternative accommodations offer a diverse range of choices, catering to different preferences, budgets, and destinations.
  • This diversity in options has led to a significant surge in demand for alternative accommodations among travelers.
  • The widespread use of the Internet and the convenience of online booking platforms present lucrative opportunities for market growth.
  • Increasing awareness among end-users about travel management software is expected to drive market growth further.
  • The rising spending power of consumers and the availability of budget-friendly travel options are contributing factors to the market’s expansion.

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 Key Points

  • The United States market leads the alternative accommodation market in terms of market share in North America. The United States region held a market share of 27.7% in 2022. The growth in this region is attributed to higher awareness and rising travel activities in the United States and Canada. The North American region held a market share of 33.6% in 2022.
  • The alternative accommodation industry in Germany is growing rapidly in the European region. The market thrived at held a market share of 5.6% in 2022. The growth is attributed to higher tourist footfall, more guesthouses, and increased online bookings. The European Region held a leading market share of 21.5% in 2022.
  • The China alternative accommodation market thrives at a CAGR of 17.8% during the forecast period. The growth is caused by the government supporting travel and tourism activities in the country.
  • The India market thrives at a CAGR of 18.4% between 2023 and 2033. Diverse destinations cause a higher growth rate, many tourists coming to the place, and a higher impact of online booking.
  • Based on booking mode, the online booking segment leads the market as it held a share of 84.7% in 2022.
  • Based on the accommodation type, the home segment leads as it held a market share of 28.8% in 2022.

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Competitive Landscape

The key vendors focus on discounted rates, better showcasing of properties, and easy availability.  Key competitors merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Key Players

  • holidu.co.uk
  • Trivago
  • Airbnb, Inc.
  • Booking.com
  • VRBO (Expedia Group)
  • MakeMyTrip Limited
  • Wyndham Destinations Inc.
  • HomeToGo
  • Peakah
  • Trip.com Group Limited
  • TripAdvisor, Inc

Recent Market Developments

  • com has introduced a new section of unique places, including a long list of cottages, cabins, vacation rentals, tiny houses, glamping, and self-catering accommodations.
  • co.uk has added new holiday home options to their list of services with affordable rates and easy online booking.

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Key Segments Covered

By Accommodation Type:

  • Homes
  • Apartments/Condominiums
  • Alternative Accommodation & Camping
  • Hostels
  • Others

By Booking Mode:

  • Offline Alternative Accommodation Booking
  • Online/Platform-Based Alternative Accommodation Booking

Key Regions Covered:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Excluding Japan
  • The 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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Pet Transporting Service Market: Sales Projection Indicates Growth at a 4.5% CAGR by 2033

Pet Transporting Service Market
Pet Transporting Service Market

In 2023, the market size for pet transporting services is estimated to be US$ 525 million. By 2033, it is expected to increase to US$ 820 million. The adoption of pet transporting services is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period.

Technological advancements play a crucial role in propelling the pet transporting service market forward. The incorporation of GPS tracking systems, real-time updates, and mobile applications enables pet owners to closely monitor their pets’ journey and receive timely notifications. This technological integration not only offers convenience and peace of mind but also improves transparency and communication between pet owners and service providers.

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The market is witnessing collaborations and partnerships between pet transport service providers, veterinary clinics, and pet care facilities to offer integrated services. This trend enables seamless coordination, shared resources, and enhanced customer experience.

Key Takeaways from the Pet Transporting Service Market:

  • As per FMI, the United States is spearheading the growth across North America, expected to grow at a CAGR of 4.3% in 2023.
  • Sales of pet transporting service are expected to surge at 4% CAGR across United Kingdom in 2023.
  • As per Future Market Insights, the online segment is expected to dominate the market with a CAGR of 4.9% in 2023.
  • As per FMI, the domestic travel segment is poised to expand at over 4.7% CAGR in 2023.

“The demand for secure and dependable transportation solutions for pets is fueling substantial growth in the pet transporting service market. Technological advancements and a growing focus on pet welfare are key factors contributing to market expansion”, remarks an analyst at FMI.

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How Key Players are Revolutionizing the Manufacturing of Pet Transporting Service market?

Key players in the pet transporting service market are revolutionizing the manufacturing process through innovative approaches and technologies. They are investing in advanced logistics systems and transportation infrastructure to ensure safe and efficient pet travel. These players are also leveraging technology to provide real-time tracking and monitoring of pets during transit, enhancing transparency and peace of mind for pet owners.

Key players are focusing on pet comfort and well-being by offering specialized crates, climate-controlled vehicles, and trained staff that provides personalized care. They are incorporating sustainability practices, such as reducing carbon emissions and using eco-friendly materials, to align with the growing demand for environmentally conscious services. Through these advancements, key players are redefining the pet transporting service market, elevating standards and enhancing the overall experience for pets and their owners.

Key Players in the Market:

  • Starwood animal transport
  • Happily Tails Travel Inc.
  • Pet Flight Inc.
  • Air pets International
  • Pet Carriers International
  • Animals Away
  • Animal Travel Services
  • Air Animal
  • Worldwide Animal Travel
  • Royal pews
  • Blue collar Pet Transport
  • Others

Strategies for Pet Transporting Service Manufacturers to Expand in the Market

  • Develop specialized services for different types of pets and their unique needs.
  • Invest in advanced technology for real-time tracking and communication with pet owners.
  • Forge partnerships with airlines, veterinary clinics, and pet care facilities.

Product Portfolio:

  • Starwood Animal Transport offers a comprehensive product portfolio in animal transportation services. Their offerings include domestic and international pet relocation, live animal transport, and customized travel solutions for pets, ensuring safe and comfortable journeys. They prioritize the well-being and care of animals throughout the entire transportation process.
  • Happily Tails Travel Inc. specializes in providing a diverse product portfolio of pet travel services. Their offerings include pet travel arrangements, flight bookings, documentation assistance, and pet-friendly accommodation recommendations. They focus on providing seamless and stress-free travel experiences for pets and their owners, ensuring their comfort and safety throughout the journey.

About the Consumer Product at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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Market Segmentation

By Pet Types:

  • Dogs
  • Cats
  • Birds
  • Smalls Pets
  • Others

By Travel Type:

  • Domestic Travel
  • International Travel

By Booking Type:

  • Phone Booking
  • Online Booking
  • Offline Booking

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & 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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Safety Eyewear Market: Sales Projection with a 5.8% CAGR by 2033

Safety Eyewear Market
Safety Eyewear Market

According to research conducted by FMI, the safety eyewear industry is projected to reach a market value of US$ 4 billion in 2023. Over the forecast period from 2023 to 2033, it is anticipated to achieve a market value of US$ 7 billion, with a Compound Annual Growth Rate (CAGR) of 5.8%.

Some Prominent Drivers of Safety Eyewear Market

  • The construction and manufacturing industries play a significant role in driving the global safety eyewear market, as they prioritize worker safety and protection.
  • Governments worldwide have implemented regulations pertaining to worker safety across various sectors and countries, which is anticipated to contribute to the increasing sales trends in the safety eyewear market.
  • The rise in workplace accidents is expected to further fuel the demand for safety eyewear, as employers seek to enhance safety measures and prevent injuries among workers.
  • There is an increasing demand for safety eyewear capable of protecting the eyes from laser radiation, driven by advancements in technology and the need for specialized protective equipment in various industries.

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Furthermore, HAIs affect approximately 3.2 million patients per year on average. Such incidents motivate the use of safety eyewear.

During the forecast period, the market is expected to be driven by an increase in funding for research on the diagnosis of infectious diseases.

Key Takeaways from the Market Study

  • FMI projects the global Safety Eyewear market to expand at a 5.8% value CAGR by 2033
  • The global Safety Eyewear market is estimated at a market value of US$ 4 Billion
  • As per the safety eyewear market size analysis, the global Safety Eyewear market is expected to garner a market value of US$ 7 Billion
  • Asia Pacific is expected to be the most lucrative for safety eyewear market growth during the projection period
  • During the projection period, North America is estimated to grow at a CAGR of 5.5%.
  • Europe is expected to grow at a CAGR of 5% during the projection period
  • The industrial manufacturing category is expected to hold the greatest share of the safety eyewear market in the forecast period 2023-2033.

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“Governments have developed criteria for the safety of experts in many regions and sectors, which is expected to boost the safety eyewear market. In addition, an increase in the frequency of catastrophes at work locations is expected to drive the market. “Says an analyst at FMI

Market Competition

Key players in the safety eyewear market are Kimberly-Clark Corp., MCR Safety, Honeywell International, Inc., UVEX Winter Holding GmbH & Co., KG, Medop SA, 3M Company, Bolle Safety, Radians, Inc., Pyramex Safety Products LLC and Gateway Safety, Inc.

Recent Development:

  • In August 2022, UVEX debuted the uvex-i line of safety eyewear, which protects employees against a wide range of occupational risks. The eyewear has broad, flat lenses for an unobstructed field of view, as well as an expanded side shield for further protection against threats. Uvex manufactures this line of eyeglasses using sustainable raw materials derived from the castor oil plant and electricity derived from biomass sources.
  • In July 2022, Bollé Safety introduced a new high-clarity lens dubbed Comfort Sense Perception to safeguard employees under all situations. The new technology is available in seventeen lens tints and a wide range of SKUs that are adaptable to indoor, indoor/outdoor, and outdoor work situations. It improves sight, visual comfort, and definition. The technology protects the eyes while improving vision in all light-sensitive situations, such as UV, glares, LED, welding gas, and low contrast.

Key Segments Profiled in the Safety Eyewear Market Industry Survey

by Product:

  • Prescription
  • Non-prescription

by Application:

  • Construction
  • Industrial Manufacturing

by Region:

  • North America Safety Eyewear Market
  • Latin America Safety Eyewear Market
  • Europe Safety Eyewear Market
  • Asia Pacific Safety Eyewear Market
  • Middle East & Africa Safety Eyewear Market

About the Consumer Product at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

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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VSaaS Market Targets US$ 21.1 Billion by 2032, Riding High on 9.6% CAGR Growth

The VSaaS market revenues were estimated at US$ 7.6 Billion in 2021 and are anticipated to grow at a CAGR of 9.6% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 8.5 Billion in 2022 and US$ 21.1 Billion by 2032.

VSaaS is being pushed by growing user concerns about improved security, a growing number of government policies to increase public security, and continuous infrastructure developments, particularly transportation hubs. Rising smartphone penetration in developing nations combined with advancements in technology in telecommunication services, such as LTE accessibility and the rapidly increasing 5G pattern, and elevated Internet connectivity, are assisting the host VSaaS market in expanding further, as high Internet connection is one of the basic requirements of users and service providers.

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The need for cloud-based solutions is increasing among various end-users. The rise may be linked to several benefits of cloud-based solutions, such as quick response times. Home workplaces, commercial real estate developments, as well as the financial sector, are projected to use VSaaS services due to rising interest in cloud services and increased knowledge of video surveillance application administration.

Banks and financial organizations have high expectations for VSaaS. It aids in the enhancement of security, as well as the monitoring of ATMs, employees, and consumers. There are roughly 376,984 ATMs in Europe, including 60,752 ATMs in Germany. The expanding use of ATMs across the European Union will boost the expansion of the VSaaS industry in the commercial sector.

Competitive Landscape:
The market is fiercely competitive, where key players are increasingly focused on obtaining a competitive advantage. The key companies in the VSaaS Market are focused on R&D to offer innovative technological solutions.

  • In December 2021, Axis Communications established an open-source initiative for video verification, which assures the authenticity of surveillance video that is used in the business’s cameras. Axis has issued a whitepaper outlining an architecture that will form a basis for partners to deploy integrated video authentication solutions.
  • In April 2021, FLIR and Neurala collaborated to create AI-powered industrial Computer Vision technology. With little data and no AI knowledge, this new imaging system enables users to quickly develop deep learning models on the VIA platform using Neurala’s Brain Builder. Using the free Flir Spinnaker software platform, these models may be instantly downloaded to a Flir Firefly DL camera.

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More Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the VSaaS Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the VSaaS Market in terms of Product Type (Hosted, Managed, and Hybrid), and Vertical (Commercial, Infrastructure, Residential, Military and defense, Public Facilities, Industrial), across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

VSaaS Market Segmentation:

By Product Type:

  • Hosted
  • Managed
  • Hybrid

By Verticals:

  • Commercial
  • Infrastructure
  • Residential
  • Military & Defense
  • Public Facilities
  • Industrial

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

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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Dry Ice Market: Chilling Growth Anticipated, Reaching US$ 300 Million by 2032 with a CAGR of 8% 

The global dry ice market is projected to reach a value of US$ 300 Million by 2032, with the demand growing at a robust CAGR of 8%  from 2022 to 2032. Valued at US$ 137 Million in 2021, the target market will likely reach an estimated US$ 138.95 Million in 2022. The rising demand for dry ice to restore and renovate industrial and residential buildings damaged by fire will serve as one of the major growth inducers for the dry ice market during the forecast period.

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The swiftly rising demand for frozen foods due to a fast-paced lifestyle along with the surging usage of dry ice as a refrigerant in the food and shipping sectors are predicted to significantly boost the growth of the dry ice market. Considerable growth and development in the transportation sector will likely support product shipping which will, in turn, open up various revenue growth opportunities for the global dry ice market. Owing to a surge in long transportation trips, grocery stores, and the healthcare industry will also contribute towards the creation of profitable opportunities for the dry ice market in the upcoming years.

Additionally, the dry ice market will grow steadily over the next few years due to the increasing demand for dry ice as a refrigerant in the food, transportation, pharmaceutical, and healthcare industries. Furthermore, the use of dry ice for industrial cleaning through dry ice blast cleaning will also contribute to the overall market growth. Dry ice is a safer substitute for cleaning purposes than the use of solvents and other chemicals.

“Owing to its non-inflammable and non-toxic properties, dry ice is expected to find application in a variety of industries which, in turn, will foster the global growth of the dry ice over market the forecast period,” – says an FMI analyst.

Key Takeaways:

  • The short lifespan of dry ice may hinder its overall market growth.
  • The development of the dry ice machine industry across the globe will strengthen market prospects.
  • The advancing entertainment industry will push the dry ice market towards growth in North America.
  • The dry ice market in the Asia Pacific region is expected to undergo the highest growth.

Competitive Landscape 

Central McGowan, VICTEX, ASCO CARBON DIOXIDE LTD, The Iceman., Linde, Merck KGaA, Polar Ice Ltd, Chillistick Ltd., Thomas Scientific, Pacific/Reliant Dry Ice, Praxair Technology, Inc., and nexAir LLC among others are some of the major players in the dry ice market profiled in the full version of the report.

Many manufacturers- large multinational corporations and private firms- substantially contribute to the oval revenue growth of the market. These leading market players are employing various organic and inorganic strategies to gain a competitive advantage.

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More Insights into Dry Ice Market Report

In its latest report, FMI offers an unbiased analysis of the global dry ice market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (dry ice pellets, dry ice blocks, other dry ice types), application (dry ice for food and beverages, dry ice for storage and transportation, dry ice for healthcare, dry ice for industrial cleaning, dry ice for other applications), and region.

According to the latest FMI reports, based on region, the dry ice market in the Asia Pacific region is expected to demonstrate the highest growth during 2022-2032. Heightened demand in the food preservation industry will likely generate growth opportunities for the target market in this region. Swelling demand for dry ice from industrial, transportation, medical, and entertainment industries, particularly those in China, Japan, and India will fuel the growth of the dry ice market in Asia Pacific. Europe is expected to follow closely after Asia Pacific in terms of dry ice market growth during the projected period.

The dry ice market in North America will also present notable growth during 2022-2032. The target market in this region will be primarily driven by the demand from the growing entertainment industry in Canada and the U.S. The increasing demand from the transportation and pharmaceutical sector also contributes to the overall dry ice market growth in this region during the forecast period.

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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