Diketene Market Growth Fueled by Agrochemical and Pharmaceutical Sectors

Diketene is a versatile organic compound with a unique reactivity and broad applications in various industries. It is a colorless liquid that readily polymerizes and decomposes upon exposure to air. Diketene is primarily used as a building block in the synthesis of pharmaceuticals, agrochemicals, dyes, and other specialty chemicals. Its reactive nature and ability to form diverse chemical intermediates make it an essential component in the manufacturing of a wide range of products.The global diketene market size is projected to expand at a steady 4.7% CAGR during the forecast period between 2022 and 2032, finds Future Market Insights (FMI).

Growing use and demand for diketene in the agrochemical industry is a major factor propelling the demand in the market. The demand for agrochemicals for intensive crop care is rising around the world.

Diketene is primarily used in the manufacturing of a wide range of agrochemicals, pharmaceuticals & nutraceuticals drugs, pigments & dyes, and others.

Furthermore, expansion of pharmaceutical industry is increasing the adoption of diketene, boosting the market. In the pharmaceutical industry, diketene is used to make a variety of chemotherapeutic and antimicrobial products.

Diketene is also used in quantitative and qualitative drug analysis, and is used in the pharmaceutical industry. Hence, key players are expanding their global reach by building new manufacturing plants to boost production capacity while also strengthening their distribution networks.

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To meet growing customer demand, the companies are also focusing on product development by investing in research and development to develop advanced and innovative technologies, solutions, and materials.

As per FMI, the global diketene market is expected to dominated by East Asia Region and is predicted to continue during the forecast period. Diketene market in East Asia is projected to topUS$ 205.6 Million by 2032.

“Over the assessment period, sales of diketene are expected to be driven by the expansion of agrochemicals & pharma industry across the globe followed by surging application in pigments & dyes and others.” says an FMI analyst.

Key Takeaways in Diketene Market Research Report:

  • Based on derivatives, the diketene esters segment is projected to hold approximately 74% of the total market share in 2022.
  • In terms of application, the agrochemicals segment is anticipated to grow at 4.1% CAGR through 2032.
  • East Asia will emerge as an attractive diketene market and is expected to create an incremental $ opportunity of US$ 76.8 Mn in the forecast period.
  • Pharma & nutraceutical segment is expected to reach about US$ 7 Mn by end of the forecast period.

Competitive Landscape in Diketene Market Report:

Key market participants of the diketene market include Eastman Chemical Company, Daicel Corporation, Ltd, Laxmi Organics Industries Limited., Mitsuboshi Chemical Co. Ltd, Jiangsu Tiancheng Biochemical Products Co. Ltd, Ningbo Wanglong Technology Co., Nantong Acetic Acid Chemical Co., Ltd., and others.

Key diketene market participants are investing in high-growth regions such as East Asia and South Asia Pacific to expand their customer base. The market for diketene is highly concentrated, with only a few market players dominating the market.

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Diketene Market by Category

By Derivative:

  • Diketene Esters
  • Arylamide
  • Alkylamide
  • Dihydroacetic Acid (DHS) & Salt
  • Others

By Application:

  • Agrochemicals
  • Pharmaceuticals & Nutraceuticals
  • Pigments & Dyes
  • Others

By Region:

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

More Insights into the Global Diketene Market Report

In its latest report, FMI offers an unbiased analysis of the Global Diketene market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on derivative (diketene esters, arylamide, alkylamide, dihydroacetic acid (DHS) & salt, and others), by application (agrochemicals, pharmaceuticals & nutraceuticals, pigments & dyes and others) & by region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and 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:        

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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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Hydrazine Hydrate Market Poised for Remarkable Growth, Reaching US$ 784 million by 2033

Hydrazine hydrate is a versatile inorganic compound used in various industries. It is primarily employed as a reducing agent, oxygen scavenger, and corrosion inhibitor. Hydrazine hydrate finds applications in pharmaceuticals, water treatment, agricultural chemicals, and polymer synthesis. With its ability to react with oxygen and eliminate harmful substances, it plays a crucial role in ensuring water quality and safety. Additionally, its role in fueling the growth of the pharmaceutical industry makes it a significant compound in chemical manufacturing.

In 2023, the estimation is projected to be at US$ 488.9 million. As per the recent market research conducted by FMI, the hydrazine hydrate market size is expected to record a CAGR of 4.8% between 2023 and 2033. By 2033, the market valuation is expected to cross US$ 784 million.

Hydrazine hydrate has been witnessing an exponentially increasing demand in the aerospace market. In 2020, the global aerospace market was valued at US$ 300 billion. With a lot of emphasis being laid on national security, the aerospace market is expected to grow. Hydrazine hydrate has been used particularly in the rockets owing to its ability to work with stability under a wider range of temperatures.

The pharmaceutical industry has been facing a massive demand for hydrazine hydrate. From acting as tranquilizers to treating tuberculosis, the demand is expected to surge during the forecast period. Hydrazine hydrate is employed for industrial purpose as well. These are mainly employed to remove oxygen from water, as a result of which the metals do not get corroded.

The automobile industry has also been making use of hydrazine hydrate. The ability to control carbon emissions is something which has attracted a lot of attention from the automobile stakeholders. Only nitrogen and water are emitted, which presents massive prospects in front of the market. Increased adoption of electric vehicles presents a world of opportunities in front of the market.

The pesticide industry has been making use of hydrazine hydrate. These are added in regulated quantities to pulverize rodents.

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However, the application of hydrazine hydrate has serious side effects on human health. Increased exposure may lead to seizures, tumors, and improper functioning of nervous system.

Thus, from the insights provided by FMI researchers, it can be inferred that ‘surging aerospace and pharmaceutical market, application in automobile to reduce carbon emissions, and a number of other factors are expected to increase the hydrazine hydrate market share during the forecast period.’

Key Takeaways in Hydrazine Hydrate Market Research Report:

  • The market is expected to surge at 4.8% during the forecast period.
  • The market valuation is expected to be at US$ 488.9 million in 2023.
  • By 2033, the valuation is expected to cross US$ 784 million.
  • As per the regional analysis, Asia Pacific is expected to be the dominant market.
  • The United States market is expected to grow at 4.7%.
  • The United Kingdom market is projected to advance at 5.1%.
  • China’s hydrazine hydrate market is anticipated to surge at 5.2%.
  • Japan’s market is expected to record a CAGR of 4.9%.
  • The south Korean market is projected to register a CAGR of 4.4%.
  • On the basis of application, the polymerization and blowing agents segment is expected to hold the leading market share and might advance at 4.5%.

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Competitive Landscape

By understanding the complexity associated with the usage of hydrazine hydrate, the key players are investing mainly on the safe storage of these chemicals. There are also lots of investments being made on mergers and acquisitions. The manufacturers are also laying a lot of emphasis on strategic collaborations, as this would enable them to get an in-depth understanding of customer needs. Based on this, they can also decide on forward or backward integration. The key players are also looking to recruit some of the best minds with a view to broaden their strategy. This would also help them to recruit the industry leaders, whose tactical moves had made a massive impact on the companies they had served before.

In November 2022, Arkema and Nippon Shokubai decided to reinforce their climate plans with EDF energy services.

Hydrazine Hydrate Market Segmentation

By Application:

  • Water Treatment
  • Pharmaceutical Industries
  • Agrochemical Industries
  • Polymer and Blowing Agent
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Cold plates are crucial components in thermal management systems used to dissipate heat from electronic devices and power modules. They are typically made of high-conductivity materials such as aluminum or copper, designed to efficiently transfer heat through conduction. Cold plates provide a direct interface for cooling devices and play a vital role in maintaining optimal operating temperatures, improving system performance, and prolonging the lifespan of electronic components in various industries, including aerospace, automotive, and telecommunications.

As per a recent report by FMI, the market’s valuation is predicted to reach US$ 374.5 million in 2023 and US$ 595.1 million by 2033. The global cold plates market size is poised to witness phenomenal growth, clocking a stellar CAGR of 5.3% from 2023 to 2033.

Cold plates are heavily demanded applications for various purposes such as refrigeration, medical devices, power generation, and others. The globally rising energy demands and expanding electronics industry are likely to bolster the product demand in the coming years. The analysts at FMI predict that global cold plate sales to attain a market value of US$ 569.8 million by 2030.

The growing demand for electronic products such as tablets, smartphones, laptops, and others augments the demand for cold plates. The significant developments in the electronics industry are likely to create lucrative growth opportunities for the market. Additionally, the growing digitalization across the automotive industry has bumped the demand for cold plates. The increasing purchasing power and rising automotive sales are expected to foster market growth.

The automotive industry is monumentally expanding due to globally rising living standards and per capita income levels. The increasing incorporation of IoT-based smart automotive components is predicted to further escalate product demand. The growing popularity of autonomous cars is likely to prevail as a key trend during the forecast period.

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The rising demand for smart wearable devices and other consumer electronics is anticipated to bolster market growth in the coming years. The increasing inclinations towards micro and advanced electronic devices and services will flourish in growth for the market.

Key Takeaways from the Cold Plates Market:

  • The United States is expected to account for the highest market share, capturing a growth rate of 9.0% during the forecast period.
  • Within the Asia Pacific region, India, China, and Japan will hold the largest shares. India is predicted to exhibit a growth rate of 6.3% during the forecast period. China is anticipated to attain a growth rate of 5.8%. Japan will showcase a growth rate of 3.5% during the forecast period.
  • In the Europe region, Germany will capture the highest share and exhibit a growth rate of 2.5% during the forecast period.
  • According to the segmentation based on application, the high-powered electronics segment is expected to capture the highest share and exhibit a growth rate of 17.9% during the forecast period.

Recent Developments Observed by FMI:

  • In April 2022, Parker Hannifin Corporation Limited, a Fortune 250 global leader in motion and control technologies, announced the successful acquisition of Meggitt PLC.
  • In January 2021, BOYD Corporation, a prominent provider of integrated thermal management and engineered material solutions, acquired ThermaMasters. ThermaMasters is a thermal management company that specializes in vacuum brazing and liquid cooling systems for industrial power markets across Europe and North America.
  • In June 2021, BOYD Corporation acquired GMN. BOYD Corporation aims to expand its innovation and engineered materials technology offerings in positive temperature coefficient heaters, optical encoders, elastomer devices, backlighting, capacitive touch, and graphic overlays.

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Cold Plates Market by Category

By Product Type, the market of Cold Plates is segmented as:

  • Stir Welded Cold Plate
  • Press locked Cold Plate
  • Vacuum Brazed Cold Plate
  • Rolled Tube Cold Plate
  • Exposed Tube Cold Plate
  • Vortex Cold Plate
  • Die cast Cold Plate
  • Other Customized

By Application, the Cold Plates Market is segmented as:

  • High Powered Electronics
  • Wind Turbines
  • Medical Equipment
  • IGBT Modules
  • Motor Devices
  • Lasers
  • Automotive Components
  • Military Equipment
  • Laboratory Plates

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & 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
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Crotonaldehyde Demand Surges Across Diverse Industries, Driving Market Expansion

Crotonaldehyde, a versatile chemical compound, plays a pivotal role in diverse industries. Its applications range from pharmaceuticals, where it’s a key ingredient in drug synthesis, to agriculture, functioning as a herbicide and preservative. The global market is set to grow steadily, driven by its multifaceted utility and increasing demand for innovative products.

The global crotonaldehyde market size is predicted to register a CAGR of 4.2% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 393.46 million in 2023 to US$ 593.71 million by 2033 end.

The demand for crotonaldehyde is projected to scale at a decent pace in the assessment period, thus invigorating the market. Surging utilization of the chemical in numerous end-use industries like agriculture, chemicals, food and beverages, and pharmaceuticals, is expected to propel the compound growth.

The accelerating demand for crotonaldehyde to synthesize multitude of drugs and intermediates like analgesics and anti-inflammatory agents is pushing the compound demand in the pharmaceutical industry. Also, crotonaldehyde is utilized as a starting material to develop vitamin B6 and other vitamins.

The chemical further finds usage in the food and beverage industry where it is used as a preservative to prolong food products’ shelf life. As far as agriculture is concerned, crotonaldehyde is extensively employed as herbicide to regulate the growth of weeds in crops like soybeans, corn, and cotton. Apart from that, the product also finds use as an insecticide and fungicide.

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The compound is utilized as a solvent, raw material, and as a chemical intermediate, in the chemical industry, to produce various chemicals like ethyl crotonate, crotonic acid, and butyl crotonate.

Over the forecast period, the market is expected to push forward on the back of increasing focus of producers to develop new and inventive products to cater to the ever-increasing demand and remain competitive in the market.

Top Highlights from the FMI’s Analysis of the Crotonaldehyde Market:            

  • The China industry is expected to trail at a CAGR of 5% over the review period. Increasing investments by manufacturers and cheap labor in the country are key elements that are projected to help the market advance in the country.
  • On the basis of application, chemical intermediate segment is projected to hold 66.4% of the entire sales of crotonaldehyde in the worldwide market.
  • Based on end use industry, the food industry is projected to be a leading market in the coming years. The segment is forecast to expand at 4.4% CAGR over the forecast period.

Stay Abreast with Market Ongoings as Observed by FMI

The market is extremely competitive, and the manufacturers are emphasizing on the production of new and advanced products to cater to the rising demand from multiple end use industries. Mentioned below are some of the key strategies employed by the key players active in the crotonaldehyde industry to acquire a massive share than the extant share.

  • Production Capacity Extension: Many manufacturers are increasing their production capacities to cater to the rising demand for crotonaldehyde. With the help of this strategy, the manufacturers can extend their market share by maintaining enough supply of crotonaldehyde to cater to the demand from multiple end use industries.
  • Investment in Research and Development Activities: Manufacturers are allocating funds to investigate and develop new and efficient products. With this strategy, the manufacturers intend to capture a greater market share by presenting products that meet certain requirements of customers.
  • Emphasis on Sustainability: The manufacturers in the market are gradually implementing sustainable production methods to curb the environmental impact. Due to the rise in environmentally conscious consumers, manufacturers are expected to gain an edge in advertising products that are sustainably produced.

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Key Manufacturers Profiled in the Report

  1. Celanese Corporation
  2. Godavari Biorefineries Ltd
  3. Nantong Acetic Acid Chemical Co., Ltd
  4. Finetech Industry Limited
  5. Central Drug House
  6. Haihang Industry Co., Ltd
  7. Tokyo Chemical Industry Co., Ltd

Crotonaldehyde Market by Category

By Application, the Crotonaldehyde Industry is segmented as:

  • Warning Agent
  • Alcohol Denaturant
  • Surfactant
  • Insecticide
  • Rubber Accelerator
  • Chemical Intermediate

By End Use, the Crotonaldehyde Industry is segmented as:

  • Textile
  • Paper
  • Fuels
  • Agrochemicals
  • Leather Tanning
  • Chemical Industry
  • Rubber Processing
  • Food Industry
  • Other Industrial

By Region, the Industry of Crotonaldehyde is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The 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
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Wood Plastic Composite (WPC) Floorings Market Soars, Forecasted to Reach US$ 4.19 billion by 2033

Wood Plastic Composite (WPC) Floorings offer a sustainable and durable alternative to traditional wood. With higher strength, lower moisture content, and versatility, they find applications in windows, doors, flooring, and more. The market’s rapid growth is driven by eco-friendly construction needs and increased focus on restoration activities.

The global wood plastic composite (WPC) floorings market size is to be worth US$ 2.23 billion in 2023. The market is to develop at a 7.0% CAGR from 2023 to 2033, reaching US$ 4.19 billion by 2033. The wood plastic composite (WPC) floorings market growth is being driven by a growing emphasis on the development of sustainable construction materials, as well as greater repair and restoration activities.

When compared to typical wood products, wood plastic composite is more durable, has higher shear and bending strength, and has lower moisture content. Due to the superior qualities of wood plastic composite, it is increasingly being used in windows, external siding, doors, flooring, landscaping, fencing, and interior molding. As a result, the wood plastic composite floorings demand is increasing in comparison to traditional wood.

Market Strategies for Wood Plastic Composites (WPC) Floorings

The wood plastic composite (WPC) floorings demand has grown dramatically over the years, owing to the emerging need for environmentally benign and low-cost raw materials in the residential sector. Similarly, increased investment in infrastructure development in both the residential and commercial sectors is to offer the wood plastic composite (WPC) floorings market a significant boost.

More emphasis on product research and development to improve temperature resistance and strength is predicted to favorably influence wood plastic composite (WPC) technology market growth in the coming years.

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Product Segment Information and Insight

The WPC floorings market is divided into three products: polypropylene, polyvinylchloride, and polyethylene, where polypropylene is expected to flourish considerably. The increasing use of this sector in numerous niche applications such as furniture and water-resistant coatings is fuelling its wood plastic composite floorings demand.

Polyvinylchloride thermoplastics are rapidly being utilized in the automobile industry to make seat cushions, backrests, dashboards, and door panels due to their better insulating capabilities, which is driving wood plastic composite sheet rise.

The polyethylene category is to increase at a considerable rate. The increasing use of polyethylene in businesses, resorts, hospitals, and residences is contributing to its expansion. The vehicle industry’s increasing wood plastic composite board demand because of its low stiffness, cost-effectiveness, and durability is boosting its demand.

Regional Points of View

The United States is to see strong wood plastic composite floorings demand due to its use in the construction of window frames, porches, and docks. The need for bio-based polymers in street construction and landscaping applications is to stimulate the wood plastic composite (WPC) floorings market expansion.

Asia Pacific is to expand at a robust CAGR throughout the projection period, owing to rising industrialization and purchasing power. Changing consumer preferences in China, fragmented distribution, increased competition in the local market, and an increase in dual-income households create an attractive potential for wood plastic composite (WPC) floorings manufacturers.

Key Takeaways in Wood Plastic Composite (WPC) Floorings Market Report:

  • 5 mm segment in the thickness category to develop at a CAGR of 7.7% during the forecast period.
  • Commercial buildings segment in the end-use category is to develop at a CAGR of 7.1% during the forecast period.
  • By 2033, the United States wood plastic composite (WPC) floorings market is expected to expand at a CAGR of 3.5% and reach US$ 705.3 million.
  • By 2033, the France wood plastic composite (WPC) floorings market is likely to thrive at a CAGR of 2.4% to reach US$ 156 million.
  • The German wood plastic composite board market is expected to record a 3.5% CAGR to attain US$ 251.8 million by 2033.
  • By 2033, the Chinese wood plastic composite sheet market is likely to accelerate by 4.1% CAGR to surpass US$ 442.8 million.
  • The Japan wood plastic composite (WPC) floorings market is expected to progress at 3.1% CAGR by 2033 to achieve US$ 225.1 million.

Insights on the Wood Plastic Composite Industry

Leading wood plastic composite (WPC) technology market participants are prioritizing strategic initiatives to strengthen their positions and achieve a competitive advantage in the market.

For instance, CertainTeed Corporation is a market leader in the production of various types of wood plastic composite products. It is a subsidiary of Saint Gobain, and the corporation is involved in mergers and acquisitions, new product development, and growing production capacity to strengthen its market dominance.

The wood plastic composite (WPC) floorings manufacturers are attempting to increase the quality of their products in order to attract a broader consumer base.

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Key Players

  1. Armstrong Flooring (Afi Licensing LLC)
  2. Mannington Mills
  3. Pro Tek
  4. Parterre Flooring
  5. Shanghai Seventrust Company Co., Ltd.
  6. Oakio
  7. Spectra Contract Flooring
  8. Coretec
  9. Tecnodeck
  10. Wpc – Woodplastic A. S.
  11. Leben India Private Limited
  12. Novowood
  13. Taizhou Huali New Materials Co., Ltd.
  14. Nanjing Xuhua Sundi New Building Materials Co., Ltd.

Recent Advancements in the Wood Plastic Composites (WPC) Floorings Market

·         Partnership

The AZEK Company Inc. and ThreadUP, an online resale player for apparel, shoes, and accessories, formed a recycling partnership in December 2022 to transform ThredUP’s Clean Out Kit plastic films into the TimberTech Composite Decking line of products, which represents low-maintenance and highly durable outdoor living products.

·         Introduction

MoistureShield, a branch of Oldcastle APG, a CRH Company, introduced MoistureShield Cladding in February 2022, which has a durable and low-maintenance surface and adds visual appeal to the exteriors. The product is made with 95% recycled content, making it eligible for LEED (Leadership in Energy and Environmental Design) green building credit.

Wood Plastic Composites (WPC) Floorings Market Key Segments

By Thickness:

  • 4 mm
  • 5 mm
  • 5.5 mm
  • 6.5 mm
  • 8 mm

By End Use:

  • Commercial Buildings
  • Residential Buildings
  • Retail Outlets

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • The Middle East and 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 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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Industrial Adhesives Market Set to Soar with a 4.4% CAGR by 2033, Finds FMI Analysis

Industrial adhesives are versatile materials used in various sectors, from manufacturing to construction. These robust bonding agents provide strength, durability, and efficient assembly processes. With a wide range of formulations and applications, industrial adhesives enable innovative design solutions while offering reliability in challenging industrial environments, enhancing product performance and efficiency.

The global industrial adhesives market is predicted to register a CAGR of 4.4% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 57,444 million in 2023 to US$ 85,786.4 million by 2033 end.

The industrial adhesives industry is being driven forward by the extensive application areas of the product. For instance, in the construction industry, the product is used for ceramic tile installation, floor tile and flooring installation, counter lamination, and carpet adhesives, among others. The product further finds application in consumer products like decorative films, model and hobby supplies, and school and stationery products, among various other application areas. Surging demand for the product from construction, consumer adhesives, tapes, packaging, and transportation, among others, and the high growth of the aforementioned sectors, are expected to have a positive influence on the industry growth.

The ongoing investigation of industrial adhesives for their environmental impact is making waves in the market space. As a result, emphasis is being made on the acquisition of environmentally safe and superior quality adhesives. Due to the adverse effect of synthetic compounds and the limited raw materials (oil reserves), renewable and natural resources offer an attractive alternative for the development of industrial adhesives.

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Top Highlights from the FMI’s Analysis of the Industrial Adhesives Market:     

  • China’s industrial adhesives industry acquired a large share of the market in the historical period, and is projected to maintain its share in the forecast period as well. The market is expected to gain a total of US$ 28,413.1 million by 2033. In the following years, China market is expected to trail at a CAGR of 1%, significantly high than the other competitive regional markets.
  • Second in line is the United States market, which is expected to stand at a valuation of US$ 11,440.8 million by 2033, registering a CAGR of 5% in the meantime.
  • In Europe, Germany is predicted to emerge as a significant market, attaining a net worth of US$ 4,223.4 million by the end of 2033. Over the forecast period, the country is projected to assume a CAGR of 5%.
  • On the basis of product type, acrylic is expected to be a top segment in the coming years. The acrylic segment is projected to expand at a CAGR of 3%, high than the growth rate of 4.6% CAGR observed in the historical period.
  • Water-based technology is expected to be a prominent segment in the coming years. The technology is expected to thrive at 5% CAGR, up from the 3.3% CAGR displayed over recent years.

Stay Up-to-date with Recent Market Developments as Observed by FMI

  • In December 2021, Meridian Adhesives Group shared that it has acquired American Sealants Inc., which is famous for its innovation in product assembly of adhesives and sealants. Such solutions have multitudinous applications in multiple markets and applications.
  • In July 2022, Arkema revealed the strategic acquisition of Permoseal, which is a leading player in adhesive solutions for DIY, woodworking, packaging, and construction. The latter offers a wide portfolio of technical and sustainable solutions for different industry sectors.

Key Players as Profiled by FMI

  • 3M
  • Sika AG
  • Dow Inc.
  • Henkel AG & Co. KGaA
  • H.B. Fuller Company
  • Arkema S.A.
  • Huntsman Corporation
  • Teraoka Seisakusho co., Ltd.
  • Pidilite Industries Limited
  • FORBO Holding
  • Covestro AG
  • Organik Kimya
  • Panacol-Elosol GmbH

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Industrial Adhesives Market by Category

By Product Type:

  • Acrylic Adhesive
  • Epoxy Based Adhesive
  • PVA
  • Polyurethane
  • EVA
  • Others

By Technology:

  • UV Cure Adhesive
  • Pressure Sensitive Adhesive
  • Water-based Adhesive
  • Solvent Based Adhesive
  • Hot Melt Adhesive
  • Others

By End-use:

  • Automotive & Aerospace
  • Healthcare & Hygiene
  • Consumer Goods
  • Packaging
  • Construction
  • Electronics
  • Furniture & Metalwork
  • Glass Making
  • Footwear
  • Paper

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.

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Gypsum’s Surging Popularity: Fueling High-Growth Opportunities in Interior and Decorative Markets

Gypsum is a versatile mineral widely used in various industries. It is primarily known for its use in the construction sector as a key component in drywall, plaster, and cement. Gypsum offers exceptional fire resistance, sound insulation, and moisture control properties. Additionally, it finds application in agriculture as a soil amendment to improve soil fertility and water retention. Its versatility and beneficial properties make gypsum a valuable resource in multiple sectors.

The global gypsum market has had phenomenal expansion in recent years. One of the key elements driving the gypsum mineral market’s growth is the expansion of the building sector. Gypsum sales are estimated to reach US$ 7.85 billion in 2023. By 2033, the market may register a 6.2% CAGR, reaching US$ 13.76 billion.

House Interiors are Assimilating Synthetic Gypsum Products to Amplify Organic Gypsum Demand

Construction design has become an art form thanks to modern technology. Gypsum is a material that is becoming more and more well-liked. Synthetic gypsum is an ideal material for interior design considering its potential to insulate areas and conserve energy. It conceals the exposed wiring without looking bulky or out of place. The gypsum mineral is perfect for homes in busy neighborhoods because it can absorb sound.

Gypsum is becoming more and more popular at astounding rates. The commercialization of the home interior and decorative business intends to offer the maximum high-growth prospects for the gypsum market.

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Gypsum’s Potential in the Agricultural Industry to Support Gypsum Market Expansion

While farmers have utilized gypsum (calcium sulfate dihydrate) for generations, it has gotten an increased interest in recent years due to various benefits of natural gypsum, including:

  • Supply of Calcium and Sulfur for Plant Nutrition: As soil quality deteriorates, plants become more sulfur deficient. Therefore, being a rich supply of sulfur, gypsum powder is gaining popularity as a feasible solution to this problem.
  • Improves Acid Soils and Treats Aluminum Toxicity: Gypsum can reduce aluminum toxicity, which frequently coexists with soil acidity, especially in subsoils.
  • Improves Soil Structure: Aggregation, or flocculation, is required to establish a soil condition favorable for root development as well as air and water circulation. Natural gypsum has traditionally been employed in sodic soils to improve aggregation and minimize or eliminate dispersion.

Availability of Substitutes to Cap Gypsum Market Growth

Gypsum has various replacements, particularly in the building industry, which may impede the expansion of the gypsum market.

There is no feasible substitute for gypsum in the production of Portland cement. Synthetic gypsum produced by various industrial processes, including FGD of smokestack emissions, is critical as a substitute for natural gypsum in wallboard manufacturing, cement production, and other applications.

Strong Growth Potential May Be Posed by China’s Soaring Construction Industry

The construction industry in China has grown tremendously. A survey that was released predicted that in 2023, the value of China’s construction industry may surpass US$ 4.5 trillion. A CAGR of 4.1% is anticipated for the gypsum powder market for the projection period.

China’s construction industry has potentially given its enormous population and advanced industrial infrastructure. The economy of China has been negatively impacted by the economic slump and the coronavirus outbreak; manufacturing and construction were particularly heavily damaged. The demand for synthetic gypsum may slowly increase over the short term. In the long term, however, the business is going to swiftly recover and present a sizable amount of space for growth.

Key Takeaways in Gypsum Market Research Report:

  • Natural gypsum may develop at a CAGR of 5.8% in the product type segment from 2023 to 2033.
  • Cement in the end-use segment may advance at a CAGR of 6.2% between 2023 and 2033.
  • By 2033, the United States gypsum powder market is going to expand at a CAGR of 3.5% and reach US$ 1.047 billion.
  • By 2033, the France gypsum market may have matured at a CAGR of 2.4% to reach US$ 218.4 million.
  • The German market is likely to register a 3.5% CAGR to attain US$ 162.3 million by 2033.
  • By 2033, the China market may accelerate by 4.1% CAGR to surpass US$ 1.6 billion.
  • The Japan gypsum market is estimated to progress at 3.1% CAGR by 2033 to achieve US$ 416.8 million.

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Economic Setting

In order to enhance their production capacity and gain access to new distribution networks, well-known enterprises that produce gypsum are emphasizing expansion by building new plants. This may increase their customer base.

The ability to set prices at par with rivals can help gypsum manufacturers avoid the costs associated with price-setting processes that involve trial and error.

Leading gypsum manufacturers dominate the top step on the ladder of the global market. These firms control a huge portion of the market—more than 50%. Knauf AG, LafargeHolcim, Yoshino Gypsum Co. Ltd., Global Mining Company, Saint Gobain, Jonoub Gypsum, Georgia Pacific, Zawami Minerals Co., Rajasthan State Mines, FCI Arawali Gypsum, AI Jood Natural Resources, American Gypsum, and more firms are present in the market.

Recent Breakthroughs

  • Acquisition

Southwest Rock Products was acquired by Arcosa Specialty Materials, which was revealed in August 2021. This acquisition aids the business in expanding its line of building products.

  • Investment

Knauf AG announced to build second gypsum wallboard production facility in Bukhara, Uzbekistan, in March 2020. The plans also call for spending US$ 2.4 million to add a second gypsum mixture line at the company’s Bukharagips factory.

Gypsum Market Key Segments

By Product Type:

  • Natural
  • Synthetic

By End Use:

  • Cement
  • Drywalls
  • Plaster
  • Soil Amendment
  • Gypsum Blocks
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The 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
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Precipitated Barium Sulphate Market Surges with a 3.8% CAGR: Crude Oil and Diverse Industry Applications Drive Growth

Precipitated Barium Sulphate is a fine white powder that is widely used in various industries. It is produced through a chemical reaction between barium sulfide and sulfuric acid. With its high purity and excellent chemical inertness, precipitated barium sulfate finds extensive applications in paints, coatings, plastics, rubber, and pharmaceuticals. It acts as a filler, provides gloss and brightness, enhances product durability, and improves the overall performance of the end products.

Rising Crude Oil Costs and Increased Penetration of Precipitated Barium Sulphate in the Pharmaceutical and Paint and coating Industries Are Driving the Market, Recording a CAGR of 3.8% between 2023 to 2033. The Precipitated Barium Sulphate Market size is expected to increase from US$ 738.4 million in 2023 to US$ 1045 million in 2033.

Its Use as a Drilling Fluid in the Oil Industry is Expected to Boost Market Prospects

Precipitated Barium Sulphate is an odourless inorganic chemical that is insoluble in water. Because of its remarkable qualities, such as poor solubility and high clearance from the body, barium sulphate is utilised as a radiocontrast agent and as a barium meal in diagnostic procedures.

Barium sulphate is a white transparent pigment used as a lake pigment in cosmetics and personal care products. Additionally, the packaging industry’s increased need is propelling the barium sulphate market.

Changing customer preferences in the event of an economic crisis, changes to industrial policies to address growing environmental concerns, and massive variations in raw material pricing caused by current geopolitical tensions are the factors driving the market growth. Demand for barium sulphate, which is used as a plastic filler, is increasing due to the growing demand from the plastic sector.

The expanding construction and building industry is alsofueling demand for barium sulphate, which is employed in a variety of construction applications.

Natural barium sulphate is estimated to continue to be the prominent segment with the high growth during the projection period due to increased oil and gas production. Because of the expansion in unconventional oil and gas extraction and fast modernization in emerging nations, oil well drilling might remain the large end use industry over the projected period.

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Several factors are driving the worldwide Precipitated Barium Sulphate market. Some of these are the pharmaceutical sector, population expansion, an increase in investment, research and development activities, increased awareness about the benefits of the product and limited arable land, and use of products such as soil fertilizer chemicals Sulphur and nitrogen.

Precipitated Barium Sulphate is becoming popular for flooded soils used in rice cultivation because nitrate-based fertilisers induce denitrification and leaching. Furthermore, many benefits of plant product growth, such as protein synthesis, have an impact on the Precipitated Barium sulphate market.

Key Points from the Precipitated Barium Sulphate Market

  • The market is expected to surpass US$ 1045 million by 2033.
  • The key drivers for this market are growing drilling activities, increasing use in the pharmaceutical industry, and increasing use as a filler in the paint and coating market.
  • The market size is anticipated to be US$ 738.4 million in 2023.
  • Precipitated barium sulphate market is expected to secure a CAGR of 3.8% during the forecast period 2023 to 2033.

Key Companies Profiled

  1. Merck KGaA
  2. Alfa Aesar
  3. Solvay SA
  4. Huntsman Corporation
  5. Guizhou Redstar Development Co., Ltd.
  6. Sakai Chemical Industry Co. Ltd.
  7. Nafine Chemical Industry Group Co., Ltd.
  8. Anglo Pacific Minerals Ltd.
  9. Nippon Chemical Industrial Co. Ltd.
  10. IBC Limited
  11. The Kish Company Inc.
  12. Shenzhou Jiaxin Chemical Co., Ltd.
  13. Qingado Redbutterfly Precision Materials Co., Ltd.
  14. Hebei Xinji Chemical Group Co. Ltd.
  15. Zhushan County Qinba Barium Salt Co., Ltd.
  16. Cimbar Performance Minerals Inc.
  17. Gemme Corp Inc.
  18. Shaanxi Fuhua Chemical Co., Ltd.
  19. Shanghai Weiyi Industrial Co., Ltd.
  20. Shanghai Liangjiang Titanium Chemical Co., Ltd.
  21. Barium and Chemicals Inc.
  22. Berckland Scientific Supplies Ltd.
  23. Shanghai Loman Chemical Co., Ltd.
  24. HongShaung Chem
  25. Foshan Onmillion Nano Materials Co., Ltd.

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Key Developments in the Precipitated Barium Sulphate Market

  • July 2019 – Arkema has finalised its acquisition of Arrmaz, a producer of speciality surfactants for crop nutrition, infrastructure, and the mining industry. This acquisition is another step forward in Arkema’s march towards specialty chemicals, and it is intended to strengthen the company’s product profile.
  • June 2018 – DOMO Caproleuna debuted at the DLG Feldtage with a 42-square-meter peninsular exhibit. It was held in Bernburg’s International DLG-Pflanzenbauzentrum (Saxony-Anhalt). Under the brand name DOMOGRAN, the company manufactures and distributes ammonium sulphate.
  • March 2021 – TOR Minerals International Inc. was purchased by Cimbar Performance Minerals Inc. Cimbar Performance Minerals Inc purchased TOR Minerals International Inc’s aluminium trihydrate (ATH) and barium sulphate businesses (Barite). Cimbar was able to extend its product and presence as a result of the acquisition.

Precipitated Barium Sulphate Market Key Segment

By Particle Size:

  • Up to 1 μm
  • Up to 3 μm
  • Up to 5 μm and above

By Application:

  • Paints & Coatings
  • Pulp & Paper
  • Plastics & Polymers
  • Rubber
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The 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
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Compound Semiconductor Market Skyrockets: Reaching US$ 69.02 billion by 2033

Compound semiconductor materials are advanced materials composed of elements from different groups in the periodic table. They exhibit unique properties such as high electron mobility, wide bandgaps, and high thermal conductivity. These materials are crucial in the production of optoelectronic devices, power electronics, and high-frequency devices. Compound semiconductor materials enable advancements in telecommunications, renewable energy, defense, and consumer electronics, contributing to the development of faster, more efficient, and compact electronic devices.

The compound semiconductor materials market size is predicted to be worth US$ 24.31 billion in 2023 and rise to US$ 69.02 billion by 2033. Initially, the global market was expanding at a CAGR of 9.1% from 2018 to 2022. Compound semiconductor materials with an extraordinarily high surface area to volume ratio are produced using nanotechnology in huge quantities. These materials, depending on their features, have a higher surface area and are employed in the creation and construction of electronic devices.

Data transactions have increased due to growing industrialization, which is fueling the expansion of the semiconductor market globally. Due to their strong radiation resistance, compound semiconductor materials are utilized in scientific applications, such as rocket and jumpsuit coatings. Over the anticipated period, this tendency is probably going to support market expansion.

The production of semiconductor devices for autos and cell phones makes extensive use of the technique. The amount of RF content used by smartphones is projected to increase as the telecom sector progresses toward the deployment of 5G connectivity, which leads to a rise in the need for compound semiconductor materials and devices.

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Key Takeaways

  • In 2022, the United States was expanding at a share of 16.1% in the compound semiconductor materials market.
  • The compound semiconductor materials market was significantly expanding, with a size of US$ 22.27 billion in 2022.
  • In 2022, Australia was expanding at a 0.7% share in the compound semiconductor materials market.
  • Due to the market’s enormous potential and the growing need for electrical vehicles, analysts expect it is likely to rise 1.09 times between 2022 and 2023.
  • The market in China is anticipated to expand at an adequate CAGR of 12.1% by 2033.
  • In 2022, Germany was expanding at a 4.2% share in the compound semiconductor materials market.
  • In 2022, Japan was expanding at a 4% share in the compound semiconductor materials market.
  • By 2033, it is anticipated that the United Kingdom market could expand at a respectable CAGR of 6%.
  • Based on material type, the Gallium Nitride (GaN) is likely to lead the market with a share of 21.2% and continue to lead the market.

Critical Approaches Increasing Top Players’ Wealth

Businesses produce a variety of compound semiconductor materials, including silicon carbide, indium phosphide, gallium nitride, and gallium arsenide, among others. Also, they provide a range of goods that are used in a variety of industries, including telecommunications, automotive, aerospace, and defense. They include transistors, diodes, power amplifiers, and lasers, among others.

Players invest substantially in research and development to create new products and technologies in order to preserve their competitive edge in this highly competitive market. In order to diversify their product offerings and improve their market share, businesses are concentrating on strategic alliances and partnerships with other industry participants.

Key players

  • IQE plc
  • Sumitomo Electric Industries, Ltd.
  • Nichia Corporation
  • Samsung
  • Qorvo Inc.
  • Skyworks
  • Shin-Etsu Chemical Co. Ltd.
  • Freiberger Compound Materials GmbH
  • Comptek Solutions Oy

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Recent Developments

  • A strategic relationship between IQE plc and Porotech was established in May 2022. This alliance aims to scale, develop, and commercialize Porotech’s proprietary “PoroGaN” wafer technology.
  • IQE and Global Foundries partnered strategically in October 2021. This long-term partnership’s primary goal is to develop gallium nitride on silicon technology for use in wireless and mobile infrastructure.

Compound Semiconductor Materials Market Key segments

By Material Type:

  • Gallium Arsenide (GaAs)
  • Gallium Nitride (GaN)
  • Indium Phosphide (InP)
  • Zinc Selenide (ZnSe)
  • Silicon Carbide (SiC)
  • Gallium Phosphorus (GaP)
  • Aluminum Gallium Indium Phosphide (AlGaInP)
  • Aluminum Gallium Arsenide (AlGaAs)

By Application:

  • Laser
  • Optical Fibers
  • Photovoltaic Cells
  • Optical Devices
  • LED Epitaxial Wafers
  • Power Amplifiers
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Fruit Pomace Market Blooms to US$ 5.0 Billion by 2033: A Comprehensive Study of Sustainable Agricultural Practices

The fruit pomace market is predicted to reach a valuation of US$ 3.5 billion in 2023 and is estimated to rise to US$ 5.0 billion by 2033. The market is expected to record a CAGR of 3.5% during the forecast period.

The rising demand for organic, natural, and animal feeds propels market growth. Food & beverage manufacturers are developing nutritional and flavored food products by adding fruit pomace extract. They develop several bakeries, confectionery, and sweet and savory products with the adoption of fruit pomace.

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Top companies selling premium and extremely standardized fruit pomace products in powder, paste, and liquid foams are driving the market expansion.

The growing acceptability of vegan cuisine based on plants and nutrient-dense meals is driving market growth. Fruit pomace varieties such as tomato, apple, grapes, and orange drove market size. Fruit pomace is in high demand due to its antioxidants, fibre, pectin nutrients, and minerals. Fruit pomace is used by leading companies to create novel, healthy snacks, desserts, and beverages.

Consumers growing awareness of healthy lifestyles to maintain weight, high blood pressure, and proper minerals are advancing the market share. Food and bakery owners raise fruit pomace demand for adding unique taste, flavor, and healthy nutrients. Through the distribution channels and fruit pomace suppliers, the market players increasing the sales volume in the coming period.

Key Takeaways:

  • The fruit pomace marketis expected to reach a valuation of US$ 5.0 billion by 2033.
  • With a CAGR of 3.5%, the global market is increasing during the forecast period.
  • The market in the United States is anticipated to record a CAGR of 4.3% through 2033.
  • With a CAGR of 3.1%, the Brazil fruit pomace marketsignificantly increase during the forecast period.
  • Canada market is expected to record a CAGR of 4.9% over the forecast period.
  • Poland market is expected to record a CAGR of 3.3% by 2033.

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Who is Winning?

The essential players fragment the global market by playing a crucial role during the forecast period. These players focus on providing healthy supplements and food items with their unique and innovative technologies.  They meet consumers’ requirements by developing organic and standardized products.

Through online distribution, these players acquire maximum profits by capturing significant revenue. The market strategies adopted by these players are mergers, acquisitions, partnerships, collaborations, product launches, and agreements. Through these marketing tactics, these players upsurge the market to another height.

Other Prominent Players in the Market are:

  • LaBudde Group, Inc.
  • Lemon Concentrate S.L.
  • Citrosuco S.A.
  • Sucocitrico Cutrale Ltd
  • Agrana Beteiligungs-AG
  • Marshall Ingredients, LLC
  • Polyphenolics Inc.
  • Louis Dreyfus Company B.V.
  • FruitSmart Inc.
  • Pacific Coast Fruit Products Ltd.
  • GreenField Sp. z o.o.
  • Appol sp. z o.o.
  • Whole Vine Products
  • Yantai North Andre Juice Co. Ltd.

Recent Developments in the Fruit Pomace Market are:

  • In November 2020, Louis Dreyfus Company Holdings B.V. announced an agreement to sell its 45% equity stake to Abu Dhabi-based Company ADQ.
  • In October 2020, Universal Corporation announced its acquisition of FruitSmart without disclosing the amount.
  • In October 2020, AGRANA started its production of fruit preparations in Japan.
  • In June 2020, Louis Dreyfus announced its new launch LDC Innovations- their corporate venture capital program, to make a strategic plan which strengthens the company’s portfolio.

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
Website: https://www.futuremarketinsights.com
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