Global Brachytherapy Industry Set to Skyrocket, Projected to Reach US$ 2.1 Billion by 2032, as per FMI

The global brachytherapy industry is poised for unprecedented growth, with a current valuation surpassing US$ 960.1 million in 2022. According to industry experts, this figure is expected to soar to a staggering US$ 2.1 billion by 2032, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period.

Brachytherapy, a revolutionary medical technique in cancer treatment, is at the forefront of this surge. The technique involves the strategic placement of radioactive sources directly into or near the tumor, delivering a highly targeted dose of radiation to cancer cells while minimizing exposure to surrounding healthy tissues. This method has proven to be effective in combating various forms of cancer, making it a vital component in the oncology landscape.

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The significant market expansion can be attributed to the increasing prevalence of cancer worldwide and the growing adoption of brachytherapy as a preferred treatment option. The technique’s precision and reduced side effects compared to traditional radiation therapies have fueled its popularity among healthcare professionals and patients alike.

The Key Takeaways From The Brachytherapy Market Are As Follows:

  • Growing incidence of cancer: The increasing prevalence of cancer, including prostate, breast, lung, and cervical cancer, is driving the demand for brachytherapy. Brachytherapy is an effective treatment option for localized tumors and offers precise radiation delivery, making it a preferred choice for cancer treatment.
  • Technological advancements: The Brachytherapy market has witnessed significant advancements in technology, such as image-guided brachytherapy and remote afterloading systems. These advancements have improved treatment accuracy, reduced side effects, and increased patient comfort, leading to a wider adoption of brachytherapy.
  • Rising preference for minimally invasive procedures: Brachytherapy is a minimally invasive procedure that involves placing radiation sources directly into or near the tumor, minimizing damage to surrounding healthy tissues. The preference for minimally invasive treatments has fueled the demand for brachytherapy as an alternative to traditional surgery or external beam radiation therapy.
  • Increasing geriatric population: The aging population is more susceptible to cancer, leading to a higher demand for cancer treatments like brachytherapy. The rise in the geriatric population worldwide is expected to drive the growth of the Brachytherapy market in the coming years.
  • Favorable reimbursement policies: Governments and healthcare insurance providers in many countries have implemented favorable reimbursement policies for brachytherapy procedures. This has made brachytherapy more accessible and affordable for patients, contributing to market growth.
  • Ongoing research and development: Continuous research and development activities are being conducted to enhance brachytherapy techniques, optimize treatment outcomes, and explore new applications. These efforts are likely to result in further advancements in the field and expand the potential market opportunities for brachytherapy.

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Competitive Analysis:

By Prominent Market Players:

  • Eckert and Ziegler Group
  • Isoray Inc.
  • Elekta AB
  • Theragenics Corp.
  • Becton, Dickinson, and Co.
  • Varian Medical Systems Inc.
  • iCAD Inc.
  • CIVCO Medical Solutions
  • Sun Nuclear Corp.
  • Huiheng Medical Inc.
  • AngioDynamics Inc.
  • Hologic, Inc.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and Marketing strategy adopted by these players in the Brachytherapy Market.

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By Segment:

By Product Type:

  • Seeds
  • Applicators and Afterloaders
  • Electronic Brachytherapy

By Dosage Type:

  • HDR Brachytherapy
  • LDR Brachytherapy

By Application:

  • Prostate Cancer
  • Gynaecological Cancer
  • Breast Cancer
  • Other Applications

By Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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Author By:

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Sealing the Deal: The Surging Demand for Moisture-Resistant Packaging Solutions

Moisture-resistant packaging is designed to protect products from the deleterious effects of moisture, which can include spoilage, degradation, or damage. It is especially crucial for products that are sensitive to moisture, such as food items, pharmaceuticals, electronics, and certain industrial goods.

The global moisture-resistant packaging market is anticipated to create a positive growth outlook by exhibiting a CAGR of 4.5% over the forecast period from 2022 to 2032. The global market is set to enjoy a valuation of US$ 26.8 Bn in 2022, surpassing US$ 41.6 Bn by 2032. According to the historical analysis done by Future Market Insights (FMI), the global moisture-resistant packaging market grew at a CAGR of 4.1% from 2017 to 2021 and reached US$ 25.7 Bn by the end of 2021.

The surge in demand for moisture-resistant packaging solutions is significantly propelling the global market, with widespread adoption observed across diverse industries such as food and beverage, pharmaceuticals, cosmetics, personal care, and the chemical sector. This increasing utilization underscores the critical importance of packaging solutions that effectively safeguard products from the detrimental effects of moisture, ensuring the integrity and quality of a wide range of goods.

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Market Trends:

  1. Sustainability: The moisture-resistant packaging market has seen a trend toward sustainable solutions, with the development of eco-friendly materials and designs that maintain moisture resistance while reducing environmental impact.
  2. Smart Packaging: The integration of smart packaging technologies, such as sensors that detect moisture levels, has been a growing trend to enhance real-time monitoring and control of the packaging environment.
  3. E-commerce Growth: With the rise of e-commerce, the demand for effective moisture-resistant packaging has increased, as products are exposed to various environmental conditions during transportation and storage.

Key considerations and features of moisture-resistant packaging:

  1. Barrier Materials:
    • Utilize materials that act as effective barriers against moisture. Common barrier materials include laminated films, foil, and specialized coatings that prevent water vapor from permeating the packaging.
  2. Polymer Films and Coatings:
    • Choose moisture-resistant polymers such as polyethylene, polypropylene, or polyester for packaging films. Additionally, coatings like silicones or wax can be applied to enhance moisture resistance.
  3. Vacuum Packaging:
    • Vacuum packaging removes the air from the packaging, reducing the presence of moisture and preventing the growth of microorganisms. This is commonly used for food items.
  4. Desiccants:
    • Include desiccants within the packaging to absorb any residual moisture. Desiccants such as silica gel or molecular sieves are often used to maintain a low-humidity environment.

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Key Players

  • Amcor plc
  • Sonoco Products Company
  • Mondi Group
  • WestRock Company
  • Smurfit Kappa Group plc
  • DS Smith Plc
  • Constantia Flexibles Group GmbH
  • Berry Global Group, Inc.
  • Glenroy, Inc.
  • ProAmpac LLC
  • Winpak Limited
  • Ardagh Group
  • Ball Corporation
  • Crown Holding, Inc.
  • Nicholas Paper Products Company Inc.
  • International Paper Company

Moisture-resistant Packaging Industry by Category

By Material:

  • Plastic
  • Glass
  • Metal
  • Paper & Paperboard

By Packaging Type:

  • Bags and Pouches
  • Films
  • Bottles & Jars
  • Trays & Clamshells
  • Others (Boxes, Cartons, etc.)

By End Use:

  • Food & Beverage
  • Pharmaceutical
  • Electrical and Electronics
  • Cosmetics & Personal Care
  • Chemical & Fertilizer
  • Others Consumer Goods

By 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 5000 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.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Vitrectomy Devices Industry is poised to grow at a steady 7.3% CAGR by 2032, according to FMI

According to a recently published industry study report by Future Market Insights, sales of global vitrectomy devices industry demand is projected to reach US$ 1.3 billion worldwide in 2022. The market is anticipated to grow at a CAGR of 7.3% from 2022 to 2032, reaching a worth of US$ 2.6 billion. The greatest revenue-generating kind is anticipated to be vitrectomy machines, with a nearly US$ 1.3 billion opportunity in absolute terms from 2022 to 2032.

The vitrectomy devices industry refers to the global market for surgical devices used in vitrectomy procedures. Vitrectomy is a surgical procedure performed to treat various eye conditions, particularly those affecting the vitreous humor, the gel-like substance that fills the eye between the lens and the retina. The procedure involves the removal of the vitreous humor from the eye and replacing it with a saline solution or gas bubble.

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Vitrectomy devices are essential tools used by ophthalmologists and vitreoretinal surgeons to perform the procedure. These devices typically consist of a console or control unit, a light source, a microsurgical instrument, and a vitrectomy probe. The probe is inserted into the eye through a small incision and used to remove the vitreous humor.

The global Vitrectomy Devices Industry has experienced significant growth in recent years due to the increasing prevalence of various retinal disorders, such as diabetic retinopathy, macular degeneration, and retinal detachments. Advancements in technology, such as the introduction of minimally invasive surgical techniques and the development of innovative vitrectomy devices, have also contributed to market growth.

Key factors driving the market include:

  • Rising prevalence of retinal disorders: The increasing incidence of retinal diseases, particularly among the aging population, has led to a growing demand for vitrectomy procedures and devices.
  • Technological advancements: The development of advanced vitrectomy devices, such as 3D visualization systems, high-speed cutters, and wide-angle viewing systems, has improved surgical outcomes and enhanced surgeon efficiency.
  • Growing adoption of minimally invasive procedures: Minimally invasive vitrectomy techniques, which involve smaller incisions and faster recovery times, have gained popularity among patients and surgeons alike, leading to increased demand for corresponding devices.
  • Increasing geriatric population: The aging population is more susceptible to retinal disorders, driving the demand for vitrectomy procedures and devices.
  • Favorable reimbursement policies: Improved reimbursement policies for vitrectomy procedures in many countries have encouraged patients to seek treatment and boosted market growth.

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Which area is expected to have the greatest market potential for vitrectomies devices?

However, historically, regions with well-established healthcare systems and a high prevalence of eye disorders have been significant markets for vitrectomy devices. These regions include North America, Europe, and Asia-Pacific. North America, particularly the United States, has traditionally been a major market for medical devices, including vitrectomy devices, due to its advanced healthcare infrastructure and a large number of patients requiring retinal surgeries.

Europe also represents a significant market for vitrectomy devices, with countries like Germany, the United Kingdom, and France being prominent contributors to the market. The Asia-Pacific region, including countries such as China, Japan, and India, has been witnessing rapid growth in the healthcare sector, leading to an increased demand for advanced ophthalmic devices.

It’s important to note that market dynamics can change over time, and new regions may emerge as significant opportunities for vitrectomy devices based on factors such as changing demographics, healthcare investments, and technological advancements. To obtain the most accurate and up-to-date information, I would recommend consulting market research reports, industry publications, or reaching out to market research firms specializing in the medical devices sector.

Competitive Analysis:

The key players operating in the Vitrectomy Devices Industry include:

  • Alcon Inc.,
  • Bausch & Lomb Incorporated,
  • BVI,
  • NIDEK CO., LTD.,
  • Johnson & Johnson Vision Care, Inc.,
  • Blink Medical,
  • Topcon Corporation,
  • Carl Zeiss Meditec AG,
  • Hoya Surgical Optics

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Market Segments Covered in Vitrectomy Devices Industry Analysis:

By Product Type:

  • Vitrectomy Machines
  • Vitrectomy Packs
  • Photocoagulation Lasers
  • Illumination Devices

By Application:

  • Diabetic Retinopathy
  • Retinal Detachment
  • Macular Hole
  • Vitreous Hemorrhage
  • Other Applications

By End-use:

  • Hospitals
  • Ophthalmic Clinics
  • Ambulatory Surgical Centres

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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
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Navigating Innovation: Insights into the Dynamic Plunger Stopper Market

The global Plunger Stopper Market  is expected to grow from US$ 128.1 Mn  in 2022 to  US$ 223.2 Mn  by 2032, with overall sales rising at  5.7% CAGR  throughout the forecast period.

A plunger stopper typically refers to a device or mechanism designed to control the flow or passage of fluids, often used in various applications such as laboratory equipment, medical devices, and industrial processes. This type of stopper incorporates a plunger, a movable component that can be manipulated to open or close a passage. The plunger is often designed to create a seal, preventing leakage or allowing precise control over the fluid flow.

The Plunger Stopper Market is one of the fastest-growing markets in the global packaging industry. A plunger stopper is used in syringes to ensure that a vaccine contained in the syringe will not leak during storage.

Similarly, rising prevalence of chronic diseases and growing usage of syringes, particularly prefilled ones, for treatment purposes are anticipated to elevate the demand for plunger stoppers over the next ten years.

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Key Trends

According to a report by FMI, the increasing incidence of chronic and infectious diseases is a key driver behind the rapid expansion of the plunger stopper market, and this trend is anticipated to persist throughout the forecast period.

Pharmaceutical firms on a global scale are proactively responding to the transformations brought about by various disease outbreaks. With the growing demand for medical treatments, ensuring patient safety has taken center stage in the realm of effective drug delivery. Consequently, the primary emphasis lies on the development, production, and utilization of injectable devices equipped with safety features. This heightened focus on safety-enhanced injective devices is shaping the future of the industry.

Key Takeaways from Plunger Stopper Market

  • Based on material, the bromobutyl rubber segment is estimated to hold around  33.5%  of the market value share by the end of 2022.
  • By end use, pharmaceuticals segment is projected to expand  1.4  times the current market value during the forecast period.
  • North America is expected to hold a substantial share of the global Plunger Stopper Market through 2032.
  • East Asia is likely to emerge as the fastest growing Plunger Stopper Market during the forecast period.
  • With rapid expansion of healthcare industry, demand for plunger stoppers is anticipated to grow at a robust pace across India over the next ten years.

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Latest Developments

In October 2023, MedTech Innovations, collaborating with PharmaTech Solutions, a renowned player in pharmaceutical technologies, introduced the MI PrecisionPlunge™ Stopper System. This innovative plunger stopper is designed to enhance the precision and efficiency of subcutaneous injections for biologics using a 2 mL pre-filled syringe.

In November 2024, PharmaTech Solutions, a subsidiary of PharmaInnovate Group, achieved a significant milestone by successfully concluding the initial stage of its worldwide injectables expansion initiative. This strategic move positions them for continued growth and advancement in the pharmaceutical industry.

Top of Form

Market Players

  • West Pharmaceutical Services, Inc.
  • BD (Becton, Dickinson, and Company)
  • Dätwyler Holding Inc.
  • AptarGroup, Inc.
  • Gerresheimer AG
  • W. L. Gore & Associates, Inc.
  • Shandong Pharmaceutical Glass co., LTD
  • Teknor Apex
  • Lonstroff AG
  • Daikyo Seiko, Ltd.
  • Pharmatechs Group LTD
  • HEXPOL AB
  • Qingdao Huaren Medical Product Co., Ltd.
  • Hebei First Rubber Medical Technology Co., LTD
  • Suzhou CRH Pharmaceutical Technology Co., Ltd.

Market Segmentation

By Material:

  • Chlorobutyl Rubber
  • Bromobutyl Rubber
  • Silicone
  • TPE (Thermoplastic Elastomers)

By Plunger Size:

  • Less than 1 ml
  • 1 ml
  • 3 ml
  • 5 ml
  • 10 ml
  • Above 10 ml

By End Use:

  • Pharmaceuticals
  • Biotechnology
  • Others (Research & Development, etc.)

By Region:

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

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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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Revolutionizing Global Energy Markets: Hydrodesulfurization Catalysts Forecasted to Drive a $4.71 Billion Surge by 2032

Hydrodesulfurization Catalyst Market
Hydrodesulfurization Catalyst Market

Hydrodesulfurization is also known as hydrotreating and is a chemical process which requires the presence of a catalyst. The market for global hydrodesulfurization catalysts is projected to be US$ 2.89 billion in 2022 and to increase at a CAGR of 5% to US$ 4.71 billion from 2022 to 2032. Hydrodesulfurization is a chemical process which is used to remove sulfur and sulfur compounds from refined petroleum end products, including petrol (gasoline), diesel, fuel oils and jet fuel.

In oil refineries and natural gas processing facilities, the hydrotreating process is made possible by the hydrodesulfurization catalyst. The hydrotreating procedure eliminates extra sulphur from the petroleum refining by-products using the Hydrodesulfurization Catalyst.

The Hydrodesulfurization Catalyst enables the hydrotreating process in petroleum refineries and natural gas processing plants. Using the Hydrodesulfurization Catalyst, the hydrotreating process removes excess sulfur from the petroleum refining by-products.

The process of hydrodesulfurization takes place usually in a fixed bed type of reactor in a refining unit, at temperatures which range from 300 °C to 400 °C. The hydrodesulfurization catalyst used for the process most commonly consists of a base that is impregnated with metals, such as molybdenum and cobalt. Many types of metals can perform the function of a Hydrodesulfurization Catalyst.

However, the metals which are most active as a Hydrodesulfurization Catalyst are those which occur in the middle of the transition metal series of the periodic table. For example, Ruthenium disulfide is one of the most active Hydrodesulfurization Catalysts available.

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However, most of the hydrodesulfurization units in refining facilities use cobalt- and molybdenum disulfide-based Hydrodesulfurization Catalysts. Moreover, nickel- as well as tungsten-based Hydrodesulfurization Catalysts are also used, particularly in those hydrodesulfurization units which are requires to carry out the hydrodenitrification process.

Metals and sulfides that act as Hydrodesulfurization Catalysts in a hydrotreating unit are typically based on support materials having greater surface areas. For example, alumina is a commonly used support for Hydrodesulfurization Catalyst.

Considering these aspects of the Hydrodesulfurization Catalyst, the study of the Hydrodesulfurization Catalyst market becomes an important read.

Hydrodesulfurization Catalyst Market: Dynamics

Hydrodesulfurization Catalyst is of critical importance in the catalysis dependent process of hydrodesulfurization. Hydrodesulfurization Catalyst helps carry out the process of hydrodesulfurization effectively, thus helping meet regulatory specifications and environmental norms applicable to the refined petroleum products.

The removal of sulfur enabled by the Hydrodesulfurization Catalyst also prevents poisoning of the catalysts used in refinery processes further down the line after hydrodesulfurization. The market for Hydrodesulfurization Catalyst will witness growing demand in direct proportion to the increasing need of hydrodesulfurization (HDS) process for the production of low sulfur petroleum fuel and other refined products, in view of existing and impending regulatory mandates.

Governments and regulatory bodies, such as the European Union and the International Maritime Organization (IMO), have laid down stringent low sulfur content regulations for petroleum fuels, especially those used in the marine industry.

The IMO sulfur content cap to be applicable from January 2020 onwards has accelerated the need for sulfur removal capacity in refineries, thereby creating new opportunities for the Hydrodesulfurization Catalyst market. Thus, the market for Hydrodesulfurization Catalyst will continue to be driven primarily by demand from the refinery industries.

Hydrodesulfurization Catalyst Market: Regional Outlook

The Hydrodesulfurization Catalyst market is projected to grow at a compounded annual growth high rate in the next few years, in line with growing investments for hydrosulfurization capacity expansion by refinery operators. Asia

Pacific is projected to be a significant market for Hydrodesulfurization Catalyst. The growing demand for refined petroleum products from the fast growing economies of the region will be a key driver of demand for Hydrodesulfurization Catalyst market in Asia Pacific.

Moreover, North America and Europe are key markets for Hydrodesulfurization Catalyst, with stringent regulatory requirements for sulfur dioxide emissions, which mandate the production of low sulfur content fuels. Growing natural gas processing capacity in these developed markets will also help increase demand for Hydrodesulfurization Catalyst. China, India, the U.S., Germany, Japan, UK are some of the key countries in the Hydrodesulfurization Catalyst market.

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Hydrodesulfurization Catalyst Market: Market Participants

Examples of some of the market participants identified across the value chain of the Hydrodesulfurization Catalyst market are:

  1. Honeywell UOP
  2. CRI Catalyst Leuna GmbH
  3. Criterion Catalysts & Technologies L.P.
  4. Haldor Topsoe A/S
  5. Honeywell UOP
  6. W.R. Grace and Company
  7. Albemarle Corporation
  8. Johnson Matthey PLC
  9. Axens S.A
  10. Redkino Catalyst Company

The research report presents a comprehensive assessment of the Hydrodesulfurization Catalyst market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Hydrodesulfurization Catalyst market segments such as geographies, application and industry.

The Hydrodesulfurization Catalyst market 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.

Key Segments Profiled in the Hydrodesulfurization Catalyst Industry Survey

By Type:

  • Cobalt-Molybdenum
  • Nickel-Based
  • Other

By Feedstock:

  • Natural Gas-based
  • Naphtha-based
  • Heavy Oil-based
  • Diesel Oil-based
  • Kerosene-based

By End Use Industry:

  • Petrochemicals
  • Natural Gas Processing

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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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Global Piroctone Olamine Market Faces Challenges Despite Surging Demand: High Costs and Cheaper Alternatives Impacting Growth Prospects

Piroctone Olamine Market
Piroctone Olamine Market

The global piroctone olamine market is estimated to reach US$ 73 Million in 2022. With sales growing at a 6.5% CAGR over the forecast period, the market size is projected to reach US$ 137.1 Million by 2032. According to a study, almost 50% of the adult population across the globe is suffering from dandruff problems.

Despite the wide applications of piroctone olamine in hair care products, however, the ingredient is very expensive and there are many cheaper alternatives available in the market. High product cost hinders small and medium-sized cosmetic manufacturers to use piroctone olamine in their products and shift towards cheaper alternatives, which is expected to hinder sales in the market.

“Rising demand for anti-dandruff solutions such as shampoos, oils, creams, along with increasing incorporation of piroctone olamine in anti-acne products will augment the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

  • Based on purity, sales in the >99% segment are projected to increase at a considerable pace over the forecast period.
  • In terms of applications, demand in the cosmetic sector will grow at a 5.9% CAGR through 2032.
  • Rising demand for piroctone olamine in hair care products, anti-acne products, washing products, deodorants, and soap is expected to propel the growth of the market.
  • China will dominate the East Asia piroctone olamine market over the assessment period, owing to expansion in the cosmetics sector.
  • The U.S. is expected to emerge as a lucrative pocket, as demand for skincare products continues to grow.

Competitive Landscape

Some of the key manufacturers operating in the global piroctone olamine market

  • Clariant AG
  • Lonza Group
  • Wuxi Zhufeng Fine Chemical Co., Ltd.
  • Kumar organic product limited,
  • Somu Group
  • Zhonglan Industry Co. Ltd.
  • YanTai Aurora Chemical Co. Ltd.
  • Spec Chem Industry Inc.
  • Shandong Chuangying Chemical Co. Ltd.

More Insights into the Piroctone Olamine Market Report

In its latest report, FMI offers an unbiased analysis of the Asia Pacific Piroctone Olamine Market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the Asia Pacific market potential, growth, and scope, the market is segmented based on purity, application, and region.

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Market Segmentation

By Purity:

  • ≥ 99%
  • < 99%

By Application:

  • Hair Care
  • Cosmetics
  • Deodorants
  • Washing Products
  • Others

Frequently Asked Questions

  • What is the current global piroctone olamine market value?
  • What is the demand outlook for global piroctone olamine?
  • At what rate did the global piroctone olamine market grow between 2017 and 2021?
  • Who are the leading players in the global piroctone olamine market?
  • Which are the top countries driving the global piroctone olamine market demand?

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 5,000 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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Valeryl Chloride Market Poised for Remarkable Growth, Projected to Reach US$ 898 Million by 2032, Driven by Surging Demand in Electronics and Pharmaceuticals Sectors

Valeryl Chloride Market
Valeryl Chloride Market

The global valeryl chloride market size stood at US$ 551.25 Million in the year 2022 and is expected to reach US$ 898 Million by the year 2032 at a CAGR of 5% between 2022 and 2032.

Coming to the electronics vertical, valeryl chloride is used in semiconductors and LCDs (liquid crystal displays).

Coming back to the pharmaceuticals vertical, growing geriatric population is the major contributor to revenue. Plus, increasing awareness regarding importance of valeryl chloride is expected to keep the cash registers ringing for valeryl chloride market in the years to come.

At the same time, the blunt fact that governments across the globe are imposing stern regulations regarding the protection of laborers serving these industries can’t be ignored. Besides, concerns regarding safety of chemical in end-products could prove to be detrimental if not handled with care. These factors could restrain the valeryl chloride market in the forecast period.

Future Market Insights has entailed these facets with future perspectives in its latest market study entitled ‘Valeryl Chloride Market’. Its team of analysts and consultants is into primary, secondary, and tertiary modes of research through its 360-degree approach. Macros as well as micros are being effectively worked upon over here.

Get an overview of market drivers and challenges affecting this industry: https://www.futuremarketinsights.com/reports/sample/rep-gb-9603

“With valeryl chloride increasingly being used by pharmaceuticals vertical in the form of medical feedstock, an emulsifier, and a surfactant, the global valeryl chloride market is likely to substantiate going forward”, – Future Market Insights.

Key Takeaways from Valeryl Chloride Market

  • North America and Europe collectively holds more than 40% of the market share due to the US being one of the key players in pharmaceuticals sector. The government is coming up with initiatives to facilitate better medical care. As such, the status quo is expected to remain the same even going forward.
  • The Asia-Pacific is expected to grow at a rapid pace in the valeryl chloride market due to increase in production of crop protecting agents and pesticides.
  • LATAM is expected to grow in valeryl chloride market on the back of Colombia and Brazil.
  • MEA is expected to grow with expanding pharmaceutical vertical herein.

Competitive Arena in Valeryl Chloride Market

  • BASF SE has its 5-Chlorovalerylchloride (5-CVCL), which comes across as a colorless to yellow liquid having pungent odor. It is used to produce agrochemicals and pharmaceuticals.
  • CABB Chemicals has its acid chlorides, chlorinated intermediates, and acid anhydrides that are essential building blocks regarding synthesis of the new-fangled products for performance materials, life sciences, and crop sciences.

Key Companies Profiled

  1. Shiva Pharmachem
  2. Omega finechem Pvt. Ltd.
  3. Zibo Shanqiang Plastic Co., Ltd.
  4. Chemicalland21
  5. Tejraj Bros
  6. Dev Enterprise
  7. BASF SE
  8. CABB Chemicals
  9. Hangzhou Fanda Chemical
  10. Jiangsu Baichang Pharmaceutical
  11. Leonid Chemicals
  12. Shandong Jiahong Chemical
  13. Jinnan Fufang Chemical
  14. Lianfeng Chemicals

Interested in Procure The Data? Inquire here: https://www.futuremarketinsights.com/ask-question/rep-gb-9603

Key Segments Profiled in the Valeryl Chloride Market Survey

By Purity:

  • 98%
  • 99%
  • Others

By Application:

  • Pharmaceuticals
  • Agrochemicals
  • Fragrances
  • Electronics
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

What does the Report cover?

  • The research study is based on purity (98%, 99%, and likewise), and by application (pharmaceuticals, agrochemicals, fragrances, electronics, and likewise).
  • With increase in production of medicines coupled with growing capacity of farm produce, the global valeryl chloride market is expected to grow on a voracious note between 2022 and 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 over 5,000 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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Rising Demand Ignites Tallow Amine Market Momentum: Reaching US$ 13.77 Billion in 2032, the Market Sees Robust Expansion Fueled by Versatile Applications Across Industries

Tallow Amine Market
Tallow Amine Market

Tallow amines represent the wide range of non-ionic surfactants derived from animal fats i.e. tallow. Tallow is a hard fat is comprised of glyceryl esters of oleic, palmitic, and stearic acids. Tallow amines are hydrophilic surfactants with a weak ammonia smell. Tallow amines are immiscible in water, and are easily dissolved in alcohols, chloroforms, benzene, and ethers. Animal fats are hydrolyzed to give mixture of fatty acids mainly comprised of palmitic, oleic, linoleic and myristic. These fatty acids are converted into amines by nitrile process. Tallow amine is finding various applications in numerous industries. Tallow amines are widely used as cationic collector in mining industry, as an emulsifier and wetting agent in agrochemicals formulation.

Tallow amines are also used as additives in fuel and lubricants. They are used as an additives in fuel & lubricants as well as dyes & pigments. Tallow amines are also used as corrosion inhibitors and thickeners for many industrial applications. Tallow amines are also finding its application is soaps formulation and leather dressing. In certain regions and countries such as France, there are regulations and bans being imposed on the tallow amine due to the uncertain health risks.

Get an overview of market drivers and challenges affecting this industry: https://www.futuremarketinsights.com/reports/sample/rep-gb-9595

Tallow Amine Market: Dynamics

Changing farming techniques and advancement of the farming technology has reshaped the agriculture industry. Rapidly growing population has fueled the agricultural production across the world. Advancement of technology and agriculture science there is rise in the adoption of agrochemicals. The up surging demand for high productivity or high agricultural yield is boosting the demand for agrochemicals, rising demand for agrochemicals will drive the growth of tallow amine market.

In this rapidly growing modern industrial there is substantial advancement in the technology and industrial activities. Advancement of technology is boosting the demand for efficient fuels and lubricants, growing demand for fuel and lubricants will positively influence the tallow amines market. Rising urban population and increasing GDP growth has increased the construction activities and infrastructure spending, Increasing demand for asphalt boost the growth of tallow amine market. Growing Textile as well as Paints & Coatings industry will have a positive impact on the tallow amine market. Rapid industrialization across the globe is increasing the mining and exploration activities around the world, growth of mining industry will fuel the demand for tallow amine. Increasing number of regulations and imposition of ban on certain types of tallow amine in certain regions will hamper the growth of tallow amine market.

Tallow Amine Market: Regional Outlook

Agrochemicals and dyes & pigment production activities are growing in the Asia Pacific region. Also, in Asia Pacific there is significant rise in construction activities and infrastructural development, especially in the developing countries such as China & India. Rising mining activities coupled with above factors is estimated to make Asia Pacific a prominent market region for tallow amine market. Despite being the matured market Europe and North America can be considered as potential market regions owing to increasing demand for fuel & lubricants, dyes & pigments and rising construction activities. The regions of Africa are very rich in terms of natural resources reserves and there are several countries in Africa which have untapped natural resource reserves, owing to which there is substantial number of mining activities ongoing in Africa, also there is rise in the number of agrochemical industry in the regions such as Middle East and Africa, owing to which Middle East and Africa can be considered as promising market for tallow amine.

Tallow Amine Market: Key Participants

Examples of some of the market participants operating in the global Tallow Amine market are:

  1. Kao Chemicals
  2. Oriental Union Chemical Corporation
  3. SINO-JAPAN CHEMICAL CO.,LTD.
  4. JiangYin HuaYuan Chemical Co.,Ltd.
  5. Lantian Finechem, Shandong paini Chemical Co., Ltd.
  6. Shandong Kerui, Prasol Chemicals Pvt Ltd.
  7. Huntsman International LLC

Interested in Procure The Data? Inquire here: https://www.futuremarketinsights.com/ask-question/rep-gb-9595

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

The Tallow amine Market 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 Tallow amine market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Tallow amine market segments and geographies.

Tallow Amine Market Key Segments

By Grade:

  • Reagent Grade
  • Industrial Grade

By Form:

  • Solid
  • Liquid

By Application:

  • Emulsifier
  • Cationic collector
  • Additives
  • Anti-caking agent
  • Corrosion inhibitor
  • Thickener
  • Anti-static agent

By End-Use:

  • Mining
  • Fuel & Lubricants
  • Construction
  • Dyes & Pigments
  • Agrochemicals
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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
LinkedInTwitterBlogs | YouTube

Global Magnetic Materials Market Set to Surpass US$ 40,286 million by 2033, Fueled by High Demand from Petroleum and Electronics Industries

Magnetic Materials Market
Magnetic Materials Market

Sales of magnetic materials are anticipated to increase due to rising demand from the electronics and petroleum industries. Businesses can save money by using this technology to eliminate waste and optimize energy use. By 2033, the Magnetic Materials Market is anticipated to be worth more than US$ 40,286 Million. During the evaluation period from 2023 to 2033, it is set to generate an absolute dollar potential of US$ 20,441 Million. In 2023, it is anticipated that the market for magnetic materials will reach a value of around US$ 19,845.2 Million. In the forecast period from 2023 to 2033, it is expected to cross a CAGR of 7.3%.

Other materials such as steel or iron can be drawn to or repelled by magnetic elements. Magnetic materials have a wide range of practical applications, particularly in transformers, motors, and generators. They are extensively used in data storage devices, speakers, and MRI equipment.

Consumer devices such as cellphones, computers, and tablets are in high demand. Permanent magnets, magnetic sensors, and magnetic storage components are just a few of the magnetic components used in these gadgets. Demand for these materials is projected to increase as they are important parts of electronic products.

Use of renewable energy sources such as solar and wind power is expanding globally. It is hence projected that use of magnetic materials in generators, wind turbines, and other energy systems will increase.

The market for electric cars (EVs) is growing as environmental awareness among modern consumers increases. For their electric motors and powertrains, EVs significantly rely on magnetic materials, particularly rare-earth magnets.

Get an overview of market drivers and challenges affecting this industry: https://www.futuremarketinsights.com/reports/sample/rep-gb-466

The need for magnetic materials is increasing along with the trend toward industrial automation. They are utilized in actuators, sensors, and motors for robotics and manufacturing automation.

Demand for magnetic materials is expected to increase as infrastructure, including transportation & communication networks and power grids are developed. These are intended for use in transformers, motors, and other machinery.

Demand for smaller, more effective magnetic materials is anticipated to increase with the growing trend toward shrinking of systems such as sensors and actuators.

Demand for consumer electronics and other devices that rely on magnetic materials is rising as raw materials become cheaper developing nations. The market for magnetic materials is anticipated to hence expand significantly until 2033.

Key Takeaways in Magnetic Materials Market:

  • From 2018 to 2022, the global magnetic materials industry was reported to expand at a CAGR of 7.9%.
  • China magnetic materials industry is expected to spur at a CAGR of 14.4% in the forecast period.
  • Germany magnetic materials industry is anticipated to expand at a sizable CAGR of 5.8% over the estimated period.
  • The United States market is likely to exceed a valuation of US$ 6,447.5 Million by the end of 2033.
  • By product type, the permanent magnetic materials segment is expected to account for more than 70% of the global market share in the assessment period.

“One of the biggest consumers of magnetic materials is the auto industry. Requirement for magnetic materials is anticipated to increase along with the need for electric vehicles. It is anticipated that growing use of renewable energy sources such as wind turbines and solar panels will further increase demand for magnetic materials,” – Future Market Insights (FMI).

Competitive Landscape:

Manufacturers have started to concentrate on acquisitions in recent years to expand their product lines in the global magnetic materials market. To increase production efficiency and cut costs, they are also implementing cutting-edge automation and robotics technology.

A few new players are making significant investments in research initiatives to produce new and improved magnetic materials that are more effective, long-lasting, and affordable. To fulfill the evolving needs of their clients, they are always reinventing their products by introducing new shapes, sizes, and materials.

For instance,

  • A new kind of magnet made without rare earth elements was created by Hitachi Metals in October 2020. The magnet is referred to as RE-free. According to the manufacturer, rare earth metal-free magnets have high magnetic qualities that are comparable to those of regular magnets.

Interested in Procure The Data? Inquire here: https://www.futuremarketinsights.com/ask-question/rep-gb-466

Key Companies Profiled:

  1. Advanced Composites Inc.
  2. AGY Holdings Corp.
  3. Jushi Group
  4. TDK Corp.
  5. Magnetics, Inc.
  6. Arnold Magnetic Technologies, Corp.
  7. Magnetics, Inc.
  8. Taishan Fiberglass Inc
  9. Beijing Zhong Ke San Huan
  10. Advanced Materials and Technology Co., Ltd
  11. Electron Energy Corp.
  12. Hengdian Group DMEGC Magnetics Co., Ltd
  13. ASAHI FIBER GLASS Co., Ltd
  14. Nippon Electric Glass Co., Ltd
  15. Owens Coming
  16. Saertex Group

Market Outlook by Category:

By Product Type:

  • Soft Magnetic Materials
  • Iron-Si Alloys (Electrical Steel)
  • Ni-Fe Alloys
  • Amorphous and Nano Crystalline Alloys
  • Soft Ferrites
  • Permanent Magnetic Materials
  • Alnico
  • Nd-Fe-B
  • SmCo Type
  • Ferrite

By Application:

  • Transformers
  • Drives and Motors
  • Generators
  • Relays
  • Inductors
  • Communication Equipment
  • Data Storage Devices
  • Medical Devices and Equipment
  • Electronic Equipment / Appliances and Accessories
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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
LinkedInTwitterBlogs | YouTube

Chloromethane Market Set to Soar: Projected to Achieve a Staggering US$ 8.8 Billion Valuation by 2032 Driven by Surging Demand in Automotive and Construction Industries

Chloromethane Market
Chloromethane Market

Heightened demand for silicone elastomers across different industrial verticals, particularly from the automotive and construction industries, is expected to facilitate the growth of the chloromethane market during the forecast period. The global chloromethane market size is expected to reach a valuation of US$ 8.8 Billion by 2032, with the demand growing at a standard CAGR of 5.2% from 2022 to 2032. Valued at US$ 5 Billion in 2021, the target market scaled up to US$ 5.3 Billion in 2022.

Chloromethane is used as a chemical intermediate to produce derivatives like chloroform, methylene chloride, and carbon tetrachloride. The chemical is also used in the production of silicone. With rapid industrialization taking place across the globe, the demand for these derivates of chloromethane- chloroform, methylene chloride, and carbon tetrachloride -is expected to rise which, in turn, will augur well for the target market. Furthermore, as chloromethane is also used to produce silicone, the demand for chloromethane will likely continue to rise in the automobile and electronics sectors as these industries make considerable use of silicone.

Get an overview of market drivers and challenges affecting this industry! https://www.futuremarketinsights.com/reports/sample/rep-gb-312

Again, silicones also find application in the construction industry which facilitates growth for the chloromethane market. In the construction industry, silicones are utilized for structural glazing and weatherproofing. Silicone also contributes towards the maintenance of energy efficiency of buildings, reduction of material waste, an extension of building life, and maintenance of in-shop productivity. Thus, with the expansion of the construction sector, the use of chloromethane to produce construction-grade silicone is anticipated to grow over the upcoming decade and push the overall market growth.

Additionally, the pharmaceutical industry is projected to drive the expansion of the global chloromethane market size. A prime use of chloromethane in the pharmaceutical sector is the manufacturing of chloroform, a very popular anesthetic. Chloromethane is also utilized as an intermediate in the manufacturing of medicinal drugs. All of these factors, along with others, will induce growth for the chloromethane market during the forecast period.

“Surging use of chloromethane as a local anesthetic and as an intermediate in drug manufacturing will fuel the global growth of the chloromethane market over the forecast period,” says an FMI analyst.

Key Takeaways in Chloromethane Market:

  • High volatility and adverse effects of chloromethane on the environment are aspects that will deter the growth of the target market during 2022-2032.
  • High demand for electronics and automobiles will drive Asia Pacific’s chloromethane market to grow at a CAGR of 5% during the assessment period.
  • The chloromethane market in Europe will experience notable growth with Germany accounting for a major portion of the growth.
  • Increasing adoption of hydrofluoro olefins, a better sustainable refrigeration substitute for CFCs, will generate greater market prospects for the chloromethane market.

Competitive Landscape in Chloromethane Market

Some of the major players in the chloromethane market are profiled in the full version of the report

  • AkzoNobel N.V.
  • Asahi Glass Co. Ltd.
  • Dow Chemical Company
  • Gujarat Alkalies & Chemicals Ltd.
  • Ineos
  • Solvay S.A.
  • Shin-Etsu Chemical Co. Ltd.
  • Tokuyama Corporation

In a highly competitive market, prominent market players are concentrating on adopting various organic and inorganic business strategies to strengthen their market presence. A few of these participants account for a sizeable portion of the market.

Interested in Procure The Data? Inquire here: https://www.futuremarketinsights.com/ask-question/rep-gb-312

More Insights into Chloromethane Market 

In its latest report, FMI offers an unbiased analysis of the global chloromethane 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, application, and region.

According to the report, based on regional segmentation, the chloromethane market in the Asia Pacific region will exhibit substantial growth during 2022-2032. The target market in this region will record a CAGR of 5% during this period. Factors such as the ample availability of livestock and the significant availability of shale gas reserves in China immensely influence the growth of the chloromethane market. Further, many countries like India offer raw materials and skilled labor at inexpensive rates which fuel the target market growth in Asia Pacific. Besides, Europe’s chloromethane market will also demonstrate notable growth during the assessment period primarily due to extensive application of chloromethane in pharmaceutical industries, especially in Germany. Thus, demand for chloromethane in the chemicals, pharmaceuticals, and other industries will propel the chloromethane market growth during the forecast period.

Key Segments Profiled in the Chloromethane Industry Survey

Product Type:

  • Methyl Chloride
  • Methylene Chloride
  • Carbon Tetrachloride
  • Chloroform

Application:

  • Silicones
  • Agriculture Chemicals
  • Pharmaceuticals
  • Chemical Intermediate
  • Personal Care
  • Other Applications

Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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
LinkedInTwitterBlogs | YouTube