Baby Teeth Care Products Market Share of US$ 1.71 Billion by 2032 | FMI

The baby teeth care products market is forecasted to register a 2.5% CAGR during the forecast period (2022-2032) and projected to reach US$ 1.71 Billion by 2032.

Oral diseases are the most common diseases that affect half of the population in the world. Early childhood caries (ECC) or baby bottle tooth decay is the primary concern for baby oral care. The bacteria that are responsible for tooth decay, gets transmitted to infants through kissing or sharing spoon. Rising awareness among parents for baby care products drives the baby teeth care market.

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Baby bottle tooth decay or ECC is often found in case of infants and toddlers. Children younger than two years are often suffered by this prevalent disease (ECC). Companies like Colgate-Palmolive often educates consumers about ECC and preventive measures to avoid it. Therefore, preventive measures from ECC will drive the demand for baby teeth care products in the market. Baby teeth care starts from caring baby’s gum as it acts as a placeholder for teeth.

Baby Teeth Care Products Market: Market Dynamics

Due to food swallowing nature of babies under the age of 2 years, they are more prone to tooth decay or ECC diseases. Thus, dentists recommend using of cavity-preventing fluoride toothpaste. In response to the concern over enamel fluorosis, which rises due to fluoride, some manufacturer launched low fluoride ‘paediatric’ toothpaste containing less than 600 ppm fluoride.

Generally, there are several types of baby teeth care products available in the market. A key factor driving the growth of baby teeth care products market is the increasing awareness to reduce the incidences of early childhood caries (ECC) or baby bottle tooth decay.

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Baby Teeth Care Products Market: Recent Developments

Colgate as a manufacturer of oral hygiene products, it produces baby teeth care products such as Colgate Smiles Baby Toothpaste (0-2Y). The company also helps the society to increase the awareness about baby teeth care and related diseases. In baby teeth care products category, some companies are also comping up with innovative baby wipes. In 2018, Bey Bee launched toxin free baby wipes first in India.

In 2018, A Tucson, AZ, pediatrician had introduced wipes for babies which are intended to fight cavities.

Baby Teeth Care Products Market: Regional Outlook

The baby teeth care products market is expected to register a healthy growth across all the geographies during the forecast period. The ECC and other dental related diseases are likely to drive market for baby teeth care products. China and India which are considered as emerging countries, have larger population with oral diseases such as tooth decay, periodontal disease in babies etc. As per FDI World Dental Federation, more than 3 billion people are affected by oral diseases and this number is also high for babies.

As a preventive measures, parents are now focused on baby teeth care products which further drives the baby teeth care products market. The U.S. accounts for major market share for baby teeth care products due to major presence of manufacturer over there, better technology infrastructure, increase in adoption in innovative and baby care products and rising awareness about baby gum & teeth related diseases.

Additionally, other developed regions such as Europe and Oceania are projected to showcase steady growth in the global baby teeth care products market due to growing awareness among parents, and growth in hospitals.

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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Projected 7.8% CAGR Propels Therapeutic Contact Lenses Market Toward US$ 26,692.9 Million by 2033 | FMI

A recent report by Future Market Insights predicts that the therapeutic contact lenses market is slated to experience explosive growth, rising from US$ 12,595.3 Million in 2023 to a whopping US$ 26,692.9 million over the next decade with an impressive CAGR of 7.8%. This sector represents roughly 25-35% of its parent industry – global contact lens markets

Improved medical technology is significantly improving the likelihood of patients with illnesses like macular degeneration and glaucoma having their eyesight saved or improved. Even previously thought to be permanent forms of blindness are showing signs of improvement, offering hope to those who had only known darkness. In the realm of optics and optometry, there has been a significant growth in R&D effort.

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The introduction of dynamic soft contact lenses with superior technology has increased the need for therapeutic contact lenses. For instance, Innovega is creating a soft contact lens with an adjustable display that can be worn anywhere in the field of vision. Instances requiring the use of both hands, including driving, surgery, and military operations, may be made safer, according to the business, thanks to the iOptik technology. However, it will be some time before the technology is consumer-ready.

The Centers for Disease Control and Prevention estimate that about 12 million Americans aged 40 and up have some form of vision impairment, including three million people with vision impairment following correction, one million blind people, and eight million people with vision impairment brought on by refractive error that has not been corrected.

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As a result, rapid technological advancements have played a significant role in impacting lifestyles. The trend is continuous in the healthcare category as well. The therapeutic contact lenses market is dominated by Methafilcon in terms of material type is expected to boost the market at higher CAGR (9.1%) as compared to other material of product during the forecast. In light of this, smart lenses are gaining prominence in the market. For instance, Mojo lens is considered the first smart lens that has a built-in visual display designed to magnify images for people with low vision. This patented lens is also capable of projecting content from smartphones.

While some market participants are concentrating on producing contact lenses to combat digital eye strain, given the pandemic, the populace is always engrossed in digital gadgets. For instance, Cooper Vision, Inc. has released a novel contact lens that aids in the reduction of eye strain caused by the usage of digital devices. Multiple aspheric curves are used in the Bioinfinity Energy’s. This allows people’s eyes to adapt more easily as they shift their sight between digital and non-digital activities. The lens material is also meant to assist eyes maintain moisture, which is an extra bonus. This is especially useful when using a computer or a screen because people blink less frequently.

Further, the therapeutic contact lenses market is estimated to expand at a CAGR of over 7.8% throughout the forecast period of 2023-2033, and it is estimated to be valued at US$ 26,692.9 million by the end of 2033.

Key Takeaways from the Therapeutic Contact Lenses Market Study

  • Growing consumer awareness of products, rising product consumption as a consequence of technological advancements in eye care products, and fast urbanisation all contribute to the need for therapeutic contact lenses products which has resulted to an increasing demand for therapeutic contact lenses among manufacturers.
  • Companies have established increased focus on innovation and technological advancements. Alongside, companies have adopted online retailing to extend the distribution network effectively.
  • In 2023, the United States has a notable value share of 88.8% in North America, owing to its distinct work culture and significant use of smart devices such as desktops, mobile phones, tablets, and laptops.
  • UK is a key market in Europe reflecting a notable value share of 18.8% owing to higher spending on premium therapeutic contact lenses in the country.
  • The growing demand for eye care products are anticipated to grow at a rapid pace during the forecast tenure. Also, the demand for premium category products is high are will steadily remain high in the future.
  • In terms of consumer orientation, the unisex category is predicted to hold a considerable share of 61.5% in 2023. When compared to gender-specific offers, the penetration of unisex contact lenses is relatively significant.

Who is winning?

Leading manufacturers of therapeutic contact lenses are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of therapeutic contact lenses globally.

Major players present in the therapeutic contact lenses market

  • The Cooper Companies Inc.
  • AccuLens Company Inc.
  • Alcon Inc.
  • Bausch & Lomb Incorporated
  • Dynasil Corporation of America
  • Johnson and Johnson Vision Care Inc.
  • Medennium Inc.
  • SynergEyes Inc.
  • X-Cel Specialty Contacts
  • Abbot Medical Optics, Inc
  • Carl Zeiss AG
  • CIBA Vision
  • Essilor International
  • Hydrogel Vision Corp
  • Novartis International AG
  • Contamac
  • Haohai Biological Technology
  • Hoya Corporation
  • Polylite Sofclear
  • Scrivens House
  • Seed Co. Ltd
  • STAAR Surgical Company

Key segments

By Material Type:

  • Balafilcon
  • Lotrafilcon
  • Methafilcon
  • Senofilcon
  • Others

By Consumer Orientation:

  • Male
  • Female
  • Unisex

By Price Range:

  • Below US$ 10
  • US$ 10 to US$ 30
  • US$ 30 to US$ 50
  • US$ 50 and Above

By Sales Channel:

  • Wholesalers/Distributors
  • Specialty Stores (Optical Stores)
  • Multi-Brand Stores
  • Hospitals/Clinics
  • Online Retailing
  • Other Sales Channel

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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Motocross Gears Market Set to Soar to a US$ 14,669.8 Million Peak by 2033 with a 7.6% CAGR | FMI

The motocross gears market is predicted to be valued at US$ 7,042.3 million in 2023 and US$ 14,669.8 million by 2033. Over the projection period, sales in the motocross gears market are expected to increase at a CAGR of 7.6%.

There is a growing interest and participation of women in motocross sports. This presents an untapped market segment for motocross gear manufacturers to cater to the specific needs and preferences of female riders.

The rapid growth of e-commerce provides an opportunity for motocross gear manufacturers to expand their online presence and reach a wider global customer base. Creating user-friendly websites, offering personalized gear customization options, and providing seamless online shopping experiences can drive sales and customer loyalty.

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There is an increasing demand for sustainable and eco-friendly motocross gears. Manufacturers are exploring the use of recycled materials, eco-friendly production processes, and environmentally conscious packaging to align with consumer preferences and regulatory requirements.

Integration of advanced technologies such as impact-resistant materials, moisture-wicking fabrics, and improved ventilation systems are becoming prevalent in motocross gear designs. Smart gear with built-in sensors and communication capabilities are also gaining traction, offering enhanced safety and connectivity for riders.

Riders are seeking unique and personalized motocross gears that reflect their individual style and preferences. Customization options for color schemes, graphics, and personalized name/number plates allow riders to express their identity, opening up avenues for manufacturers to offer tailored products.

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Continuous advancements in safety features, such as improved impact protection, neck braces, and airbag technology, are driving the motocross gear market. Manufacturers focusing on developing innovative safety solutions can gain a competitive edge and address the rising concern for rider safety.

Key Takeaways from the Motocross Gears Market:

  • In North America, it is projected that the United States will hold a dominant market share of 19.6% until 2023.
  • Japan is anticipated to hold a significant market share of over 5.4% in East Asia until 2021.
  • The demand for motocross gears in China is experiencing substantial growth, with an impressive CAGR of 8.0% in 2023.
  • The helmets segment is expected to provide a boost to the market, with a market share 48.9% in 2023.

How Key Players are revolutionizing the Manufacturing of Motocross Gears market?

Key players in the motocross gears market are spearheading a revolution in manufacturing through innovative approaches and advanced technologies. They are investing in research and development to enhance product performance, durability, and safety features.

Integration of lightweight and impact-resistant materials, such as carbon fiber and advanced polymers, is revolutionizing gear construction. Cutting-edge manufacturing processes, such as 3D printing and automated production lines, are streamlining the manufacturing of motocross gears, resulting in improved efficiency and cost-effectiveness. Key players are focused on customization options, allowing riders to personalize their gear for a unique and tailored experience. These efforts are shaping the industry and elevating the motocross gear manufacturing standards to new heights.

Key Players in the Market:

  • O’NEAL USA
  • Scott Sports
  • Aero Stitch
  • Fox Racing
  • Answer Racing
  • AGVSports America LLC
  • FLY Racing
  • Joe Rocket Jackets
  • Ride Icon
  • Dainese
  • Shift MX
  • TacknRider
  • Fox Head Inc.
  • LeMans Corporation
  • ACERBIS
  • Alpinestars
  • AXO
  • LSD Industries, LLC
  • KTM Sportmotorcycle GmbH
  • Troy Lee Designs

Product Portfolio:

  • Aero Stitch’s product portfolio includes high-quality motorcycle touring gear such as riding suits, jackets, pants, gloves, and accessories. They specialize in durable, weather-resistant gear designed for long-distance rides.
  • Fox Racing’s product portfolio features a range of motocross gear, including helmets, jerseys, pants, gloves, boots, and protective equipment. Their products combine innovative designs, advanced materials, and cutting-edge technologies to deliver performance and protection for off-road riders.

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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Hybrid Rice Seeds Market Projected to Attain US$ 10.8 Billion by 2033, as Predicted by Future Market Insights, Inc.

The hybrid rice seeds market refers to the industry involved in the production, distribution, and sale of hybrid rice seeds. Hybrid rice seeds are developed through crossbreeding of different varieties of rice to create plants with desirable traits, such as high yield, disease resistance, and improved quality. These seeds offer significant advantages over traditional open-pollinated varieties, leading to their widespread adoption by farmers globally.

The hybrid rice seeds market has witnessed substantial growth in recent years, driven by several factors. Firstly, hybrid rice seeds are known to produce significantly higher yields compared to conventional varieties, addressing the growing demand for food production due to the increasing global population. Moreover, hybrid rice varieties often exhibit better tolerance to various biotic and abiotic stresses, making them more resilient to pests, diseases, and adverse environmental conditions.

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The hybrid rice seeds market is predicted to be worth US$ 5.1 billion in 2023, and rise to US$ 10.8 billion by 2033. Initially, the global market was expanding at a CAGR of 7% between 2017 and 2022.

Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance has been included into high-yielding varieties, which has shown to be a very successful method for creating these varieties that can handle such circumstances. This is boosting the hybrid rice seeds market and reducing the losses brought on by stress-related issues.

The development of hybrid rice seeds that are resistant to microbial infestations and produce larger yields in a relatively short amount of time than inbred types is another focus for hybrid seed producers, which is expected to fuel expansion.

Since rice is a staple food for around 60% of the world’s population, the demand for it is rising along with the worldwide population. In order to meet this rising demand and supply rice to various end users, rice yield per unit area has also increased.

To develop new hybrid rice seeds varieties and encourage farmers to use them, the government and numerous research institutions are working together.

Key Takeaways

  • By 2033, China is likely to dominate the hybrid rice seeds market, with a size of US$ 4.3 billion.
  • The hybrid rice seeds market was significantly expanding, with a size of US$ 4.8 billion in 2022.
  • There is a market opportunity of US$ 5.7 billion in absolute terms, which is driven by the change in consumption patterns.
  • The market in the United States is anticipated to expand at an adequate CAGR of 3.7% by 2033.
  • By 2033, Canada is likely to expand in the hybrid rice seeds market, with a size of US$ 75.6 million.
  • By 2033, the hybrid rice seeds sector is likely to increase in Japan, with a size of US$ 176.2 million.
  • The Indian market is anticipated to expand at an adequate CAGR of 8.8% by 2033.
  • Based on grain size, the long grains led the hybrid rice seeds market with a CAGR of 6.2% by 2033.
  • Based on duration, up to 110 days segment continues to dominate the sector during the forecast period, with a CAGR of 8.4%

Key Strategies in the Industry

Due to the rising need for bigger yields and better-quality produce, hybrid rice seed technology has experienced substantial expansion in the last few years. In order to gain market share in the fiercely competitive market for hybrid rice seeds, businesses must offer better variety, affordable prices, and aggressive marketing.

To remain ahead of the competition, businesses are developing new types and technologies. To reach more clients, they are also concentrating on marketing and advertising initiatives. In order to expand their reach, businesses are also concentrating on enhancing their distribution networks and opening new stores.

Recent Developments

  • Ricetec Inc. purchased the assets of Ganga Kaveri Seeds in 2019 to expand its product line and draw in more clients.
  • As of May 2019, Syngenta has released the SYN98 3-line hybrid rice variety in Vietnam. The Syngenta Nam Dinh Research Center has been given approval by the Ministry of Agriculture and Rural Development to start trial production of this variety in December 2017.

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Key Segments

By Grain Size:

  • Long Grains
  • Medium-sized Grains
  • Short Grains

By Durability:

  • Up to 110 Days
  • 111 to 140 Days
  • 140+ Days

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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 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,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Surgical Sutures Market is poised to hit US$ 13.9 Billion by 2032, Courtesy Of Technological Innovations and the Increasing Elderly Demographic | FMI

Surgical Sutures Market
Surgical Sutures Market

Surgical sutures play a crucial role in the field of medicine, enabling the closure of wounds and promoting the healing process. Over the years, the Surgical Sutures Market has witnessed significant advancements in terms of materials, designs, and techniques, catering to the ever-changing needs of healthcare professionals. This essay explores the evolving landscape of the surgical sutures market, highlighting key trends, advancements, and future prospects.

Surgical sutures have been utilized for centuries, with early civilizations using natural materials such as plant fibers, animal tendons, and even hair. The advent of modern medicine brought about the introduction of synthetic sutures, including nylon and polypropylene, which provided greater strength and reduced the risk of infection. As surgical techniques advanced, the demand for sutures increased, leading to the development of a wide range of suture materials and designs.

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Over the forecast period of 2022 to 2032, the global Surgical Sutures Market is expected to grow at a strong CAGR of 5.4%. By the end of 2022, the market is anticipated to be worth about US$ 8.2 billion, and by the end of 2032, it is anticipated to be worth around US$ 13.9 billion.

Sutures used in surgery have many different uses because they help the body’s natural healing process by holding tissues together after surgery or any type of injury. These sutures are frequently utilised on the skin, internal organs, blood vessels, and tissues. The absorbable suture used in surgery has a tendency to either dissolve or be absorbed by the body after a predetermined period of time. These sutures are made from both synthetic materials like catgut and natural ones like polyglycolic acid, caprolactone, polydioxanone, polyglactin, and polyglyconate. Knotted absorbable sutures and knotless absorbable sutures are the two different forms of absorbable sutures.

The non-absorbable sutures must be removed once the allotted time period has passed since they are made of a material that is resistant to biological physiological processes. Sutures consisting of silk, nylon, polypropylene, and polyester are used in their creation. Non-absorbable sutures can be divided into two categories: knotted non-absorbable sutures and knotless non-absorbable sutures. The surgical suture industry experienced some significant technological improvements in recent years, which has resulted in a higher acceptance of surgical sutures than other wound closure techniques.

Key Takeaways:

  • Some of the major advancements within the surgical sutures market include massive utilization of synthetic materials that are imbibed with special tissue-holding properties and are associated with less risk of infection and scar formation, suture coatings, braiding technologies, barbed sutures, and new specialty sutures, which are in the pipeline. Antibacterial-coated suture like Triclosan-coated polyglactin 910 reduces surgical site infection prevalence by 30%. The handling and tension force of these sutures was comparable to standard suture materials.
  • These surgical sutures are excessively used in therapeutic procedures along with a rising surgery market, incorporating the importance of patient outcome improvement and ensuring safe recovery from surgeries continues to drive the growth of the surgical sutures market. Key players in healthcare facilities and regulators are meticulously focusing on the outcomes of the patient and quality improvement. In addition to that, positive changes in reimbursement policies and widespread healthcare coverage are also expected to drive the market.

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Competitive Landscape:

The overall surgical sutures market is known to be highly fragmented owing to the presence of several competitors within the surgical sutures production spheres. In order to meet consumer demand and simultaneously expand their customer base, these companies are implementing methods such as mergers and acquisitions, partnerships and collaborations, and new product launches.

More Insights into the Surgical Sutures Market:

India is expected to account for the highest market share by accounting for the total revenue of around 52.3% in the South Asian market in 2021 and is also expected to display growth at a lucrative CAGR of around 7.3% in the global surgical sutures market during the forecast period.

The growth in the Indian market is attributed to the presence of a large number of surgical sutures manufacturers in India which are exporting their products to underpenetrated countries like Vietnam, South Africa, Zambia, Sudan, Portugal, etc.

The U.S. dominates the entire North American region as it accounted for a total market share of around 93.5% in 2021 and is expected to continue to experience the same growth throughout the forecast period. The growth in the market is attributed to the presence of leading market players from this country.

Germany is yet another country that is set to exhibit a CAGR of around 4.4% in the European surgical sutures market across the assessment period. Germany ranks third after China, on the basis of revenue generation with a global market share of around 7.0%.

Key Companies Profiled:                

  • B. Braun Melsungen AG
  • Johnson & Johnson (Ethicon)
  • CP Medical
  • Atramat
  • Medtronic (Covidien)
  • DemeTECH Corporation
  • Teleflex Incorporated (Teleflex Medical OEM)
  • Sutumed
  • Kono Seisakusho Co.,Ltd
  • Mani Inc.

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Key Market Segments Covered in Surgical Sutures Industry Research:

By Product:

  • Surgical Sutures
  • Mechanical Sutures

By Suture Material:

  • Absorbable Sutures
  • Non-Absorbable Sutures

By Filament:

  • Monofilament/ Barb Sutures
  • Multifilament / Braided Sutures

By Raw Material:

  • Natural Sutures
    • Silk Sutures
    • Catgut Sutures
  • Synthetic Sutures
    • Polyglactin 910 Sutures
    • Polyglecaprone 25 Sutures
    • Polydioxanone Sutures
    • Polyglycolic Acid Sutures
    • Nylon Sutures
    • Prolene Sutures
    • Stainless Steel Sutures
    • Others

By Coating:

  • Coated Sutures
  • Non-Coated Sutures

By Application:

  • General Surgery
  • Gynaecology Surgery
  • Orthopaedic Surgery
  • Ophthalmic Surgery
  • Cosmetic & Plastic Surgery
  • Cardiac Surgery
  • Others Applications

By End User:

  • Hospitals
  • Specialized Clinics
  • Ambulatory Surgical Centers

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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Safety Reporting Systems Market Anticipated to Reach US$ 10889.8 Million by 2032, Driven by 13.5% CAGR

The global safety reporting systems market is expected to reach US$ 10889.8 million by 2032, growing at a CAGR of 13.5% during the forecast period (2022-2032). Nowadays, significant commitment towards safety monitoring is made in enterprises to ensure that organizations are continuously improving their processes.

One feature of a safety reporting system is that it constantly tracks quality measures regarding service, product, or workflow processes in an enterprise which are further shared with employees regularly to motivate and guide them to improve productivity.

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Another feature is associated with safety which includes incident prevention by identifying and controlling risk hazards. The tools and processes used in safety reporting systems are documentation control, incident reporting, training management, equipment management, and record maintenance.

In safety reporting systems, in terms of safety, workflow processes are meant to identify legal requirements and comply with them. Whereas, in terms of quality, the focus is majorly on determining customer requirements and regulatory compliance. safety reporting systems are majorly incorporated in healthcare and hospitality enterprises.

Safety Reporting Systems Market: Drivers and Restraints:
Increased safety regulations by government bodies, multiple statutory and legal requirements, and rising investment of enterprises in these systems to provide better customer experience and better working experience for employees are some major factors driving the growth of the safety reporting systems market.

Furthermore, factors such as the transformation of medical care delivery owing to patient-centric healthcare policies and the rise in the implementation of automation and interconnectivity processes over manual processes are also driving the growth of the safety reporting systems market.

High initial investment and complex solutions to comply with few legal and government regulations are causing hindrances in the growth of the safety reporting systems market.

Safety Reporting Systems Market: Regional Overview:
North America and European regions have having highest market and are expected to dominate the safety reporting systems market in the future, due to the presence of big healthcare and manufacturing enterprises in these regions.

The Asia Pacific region safety reporting systems market is identified as the fastest growing market owing to the growth of huge investments and outsourcing of pharmaceutical organizations in this region. Latin America and the Middle East region are also catching up with this market at a considerable pace and is expected to grow shortly due to an increase in awareness of safety and quality standards.

Leading Key Players:
Productivity-Quality Systems, Inc., IBM Corporation, Enablon, Alcumus Group Ltd, Gensuite LLC., Abbott Laboratories, SAP SE, and Intelex Technologies are some of the key players in the safety reporting systems market.

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Safety Reporting Systems Market Segmentation:
The safety reporting systems market can be segmented based on delivery mode, end-user vertical, and region-wise. Based on delivery mode, it can be further segmented into on-premise and on-demand/cloud services.

End user category includes Healthcare, Manufacturing, Hospitality, Construction, Energy and Utility, and others. Region-wise, the safety reporting systems market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.

By Delivery Mode:

  • On-premise
  • Cloud-based

By Solution Type:

  • Software
  • Services

By End-User Industries:

  • Energy Utility
  • Hospitality
  • Healthcare
  • Manufacturing
  • Construction
  • Others

By Enterprise Type:

  • Small and Medium Enterprise
  • Large Enterprise

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Electric Handpieces Market is anticipated to witness substantial growth and reach US$ 803.8 Million by 2032, according to FMI’s latest report

Electric Handpieces Market
Electric Handpieces Market

The electric handpiece market refers to the industry that produces and supplies electrically-powered dental handpieces. A dental handpiece is a handheld tool used by dentists and dental professionals for various procedures, such as cutting, polishing, and shaping teeth.

Electric handpieces are an alternative to air-driven handpieces, which are powered by compressed air. Electric handpieces utilize an electric motor to generate rotational motion, providing dentists with more control and precision during dental procedures. They typically offer higher torque and smoother operation compared to air-driven handpieces.

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Electric handpiece sales are predicted to total US$ 448.4 million in 2022 before increasing at a 6.0% CAGR to US$ 803.8 million by the end of 2032. According to a recent study by Future Market Insights, low-speed dental handpiece devices will hold a share of approximately 59.9% of the worldwide electric handpiece market in 2021.

The market for electric handpieces has been growing steadily due to several factors. The advancements in technology have led to the development of more efficient and reliable electric handpieces, which has increased their popularity among dental professionals. The benefits of electric handpieces, such as reduced noise, improved torque control, and better ergonomics, have also contributed to their rising demand.

Advent of Telehealth and Virtual Care to Create Tailwind for the Electric Handpiece Market Growth:

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Electric Handpiece market.

Key Electric Handpiece Market Takeaways and Projections:

  • The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Electric Handpiece market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 and 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
  • Based on Product, Motor Type, Technology, End-Users.anticipated to account for the lion’s share in the market, expanding at a remarkable CAGR during the forecast period.

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Report Benefits & Key Questions Answered:

  • Electric Handpiece Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Electric Handpiece It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Electric Handpiece Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Electric Handpiece As per the survey, ELECTRIC HANDPIECE sales will project steady growth over the forecast period.
  • Electric Handpiece Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Electric Handpiece It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Electric Handpiece Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of Product, Motor Type, Technology, End-Users. It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
  • Electric Handpiece Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis:

The latest study conducted by FMI provides in-depth insights into the global Electric Handpiece market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Electric Handpiece market.

Some of the prominent market players are profiled:

  • Dentsply Sirona
  • KaVo Dental GmbH
  • NSK/NAKANISHI INC.
  • Bien-Air Dental SA
  • A-dec Inc.
  • W&H Dentalwerk Bürmoos GmbH
  • Brasseler USA
  • SciCan Ltd.
  • Ram Products, Inc
  • Morita Corporation
  • DENTALEZ, Inc.
  • Lares Research
  • DENTAMERICA INC.
  • MAI Animal Health (INOVAD-ENT)
  • Medidenta

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Electric Handpiece Demand Analysis by Category:

By Product:

  • Low-Speed Dental Handpiece
  • High-Speed Dental Handpiece

By Motor Type:

  • Electric Brush Motor
  • Electric Brushless Motor

By Technology:

  • Fiber Optic Led Handpiece
  • Push Button Dental Turbine Handpiece

By End-Users:

  • Hospitals
  • Dental Clinics
  • Dental Academic and Research Institutes
  • Ambulatory Surgical Centers

Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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 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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Network Equipment Market Set for 8.3% CAGR Surge to US$ 65,788 Million by 2032

The network equipment market is poised for remarkable growth in the coming years, with a projected valuation of US$ 65,788 million by the year 2032. This substantial expansion is anticipated to occur at an impressive (CAGR) of 8.3%. The surge in demand for network equipment is driven by the ever-increasing reliance on digital connectivity across industries and households alike.

With the rapid evolution of technology and the proliferation of devices connected to the internet, the network equipment market is on a trajectory to play a pivotal role in ensuring seamless and efficient data transmission. This robust growth underscores the critical role that network equipment plays in sustaining the modern digital ecosystem, making it a key area of interest for both industry players and investors looking to capitalize on this burgeoning market.

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The Network Equipment manufacturers are focusing on designing equipment that is affordable, offers flexible, and scalable solutions, and delivers the functionality needed in the equipment.

To meet the growing demand for IP services among consumers which consume huge amounts of bandwidth with every passing day, system manufacturers are continuing to invest in next-generation packet-based network elements. This factor acts as one of the prime opportunities for equipment-designing vendors in the coming years.

Global Network Equipment Market: Drivers and Challenges:
Rapid technological innovation is a prime factor that is driving the growth in the telecommunication industry. A key innovation is the transformation from the circuit-based public switched telecommunication network to a packet-based network using internet protocols which is known as Network Equipment.

This transformation includes shifting from traditional copper wire to optical fiber cables that offer high-speed services. NGN offers several features to support data and voice communication services that encourage the adoption of advanced services among consumers. This factor is expected to positively impact the Network Equipment market during the forecast period.

The challenges faced by the Network Equipment manufacturers include Ensuring complete compliance and internetworking with a broad range of IPv4, MPLS, IPv6, metro Ethernet, and networking standards. Leveraging software investments across diverse hardware platforms in the rapid evolution of market requirements. Delivering packet-based software on time to address requirements for NGN equipment. These factors are expected to act as a challenge to the growth in revenue of the global Network Equipment market.

Leading Key Players:
Wipro Limited, NEC Corporation, Cisco Systems Inc., Cupola Technology, Fujitsu., Verizon Communications, Inc., ZTE Corporation, Ericsson, Huawei Investments and Holding Co. Ltd., Qualcomm Incorporated, Alcatel-Lucent S.A., Hewlett-Packard Company, Formula Telecom Solutions, AT&T Inc., Amdocs, Carillion, Elitecore Technologies, Computer, WebNMS, Tech Mahindra Limited, IBM Corporation, Oracle Corporation, OpenCloud, Mycom, Tata Consultancy Services Limited, LohNet Systems, Corvis Corp., Redback Networks Inc., Tenor Networks, Alidian Networks Inc., Astral Point Communications Inc., VMware Inc., Juniper Network Inc., F5 Networks Inc., M2 Telecommunication Group

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Network Equipment Market Segmentation:

By Type:

  • High-fibre Copper Cables
  • Broadband Wireless
  • Broadband Devices Over Power Lines

By Application:

  • Business
  • Industrial
  • Hospitals
  • Retail Industry
  • Corporations
  • Lifestyle

By End User:

  • Small
  • Medium
  • Large Enterprises

By Region:

  • North America
  • Latin America
  • MEA
  • Asia Pacific
  • Europe

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Acrylic Fibre Industry Anticipates US$ 8,006.7 Million by 2033 at 4.2% CAGR

The acrylic fibre industry size is poised to cross a valuation of US$ 5,470.6 million in 2023 and is predicted to hit a valuation of US$ 8,006.7 million by 2033. From 2023 to 2033, the acrylic fiber market is expected to grow at a CAGR of 4.2%.

Acrylic fibers are frequently used in the textile industry due to their softness, lightness, and great drape. They are commonly utilized to replace natural fibers such as wool because they give equal warmth and appeal at a cheaper cost. The increased demand for acrylic fibers in the textile industry has fuelled market growth.

Acrylic fibers can be easily blended with other fibers like cotton, wool, and polyester to increase their qualities and make them acceptable for a wide range of applications. Acrylic fibers are gaining popularity due to their ability to be adjusted to precise specifications for a wide range of end-use sectors, including garments, home textiles, upholstery, and industrial uses.

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The growing emphasis on health and fitness has raised demand for outdoor and sportswear. These applications benefit from acrylic fiber qualities like as breathability, fading resistance, and pilling resistance. Acrylic fibers are in high demand in this business as consumers seek more comfortable and long-lasting clothing.

The expansion of e-commerce platforms and online vendors has increased the global market for textile items. Customers can purchase a range of things, including those made from acrylic fibers, through online retail, increasing their visibility and sales and so supporting market growth.

Key Takeaways from Acrylic Fibre Market Report:

  • In 2018, the global market size stood at US$ 4,696.1 million.
  • The market expanded at a CAGR of 3.1% from 2018 to 2022.
  • In 2022, the global market size stood at US$ 5,306.1 million.
  • The filament segment captured 58.1% of global market shares in 2022.
  • The apparel segment acquired 38.3% of global market shares in 2022.
  • India captured 3.8% of global market shares in 2022.
  • The United States captured 13.1% of global market shares in 2022.
  • China captured 3.2% of global market shares in 2022.
  • The United Kingdom captured 4.1% of global market shares in 2022. 

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Recent Developments Observed by FMI:

  • In March 2022, AKSA announced that by acquiring two new production lines, its annual production capacity would increase to 365 kilotons. With a US$ 24 million budget, the project is projected to be finished in 15 months.
  • Thai Acrylic Fiber Co Ltd, a subsidiary of Aditya Birla Group, introduced “Regel” recycled acrylic fiber in 2022.
  • In 2021, Oak Ridge National Laboratory scientists developed a cheap carbon fiber that might reduce the cost of wind turbine blades. Fibre is initially a readily accessible raw material with large bundles of acrylic fibers used in the textile industry. Any fibers in the material are turned into carbon when it is heated. Pultrusion, a procedure similar to extrusion where the material is dragged through a die instead of being pushed through, transforms the fibers into planks.

Top Key Player in the Global Industry

  • Aksa Akrilik Kimya Sanayii A.
  • Dralom
  • Aditya Birla Group
  • Jilin Chemical Fiber Company
  • TAEKWANG INDUSTRIAL CO. LTD.
  • Exlan Japan Co. Ltd.
  • Kaneka Corporation
  • Indian Acrylics Limited
  • Pasupati Acrylon Ltd.
  • Vardhman Acrylics Ltd.

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Key Segmentation

By Fiber Form:

  • Staple
  • Filament

By Dyeing Method:

  • Acid
  • Gel
  • Undyed

By End Use:

  • Apparels
  • Home Furnishing
  • Industrial
  • Outdoor

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • 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 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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Elemental Sulfur Industry Growth Path: Targeting US$ 9,135.4 Million by 2033 with a 3.2% CAGR

The elemental sulfur industry is predicted to be worth US$ 6,667 million in 2023 and rise to US$ 9,135.4 million by 2033. Demand was initially expanding at a market CAGR of 2.9% between 2018 and 2022.

The agriculture sector is likely to fuel the market’s increase during the projection period due to its strong growth rate and growing investments and production. Sulfur recovery produces undesirable hydrogen sulfide and sulfur dioxide emissions, which will hinder market expansion over the projection period.

Consumption must continue to rise, and production must keep up. The rising worldwide population will probably certainly increase demand for elementary sulfur in the future. Food prices must eventually rise in order to encourage higher spending and production. The creation of H2SO4, which is usually used to make fertilizer, is one of the many industrial applications for elemental sulfur.

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The Middle East and the mainland now have new elemental sulfur processing facilities. Multiple recovery plants have been established as a result of China’s burgeoning coal chemical sector and the severe environmental restrictions it has spawned, increasing production by 8%.

Key Takeaways

  • By 2033, the elemental sulfur market in the United Kingdom is likely to expand, with a CAGR of 2.2%.
  • In 2023, the United States is projected to dominate the market share of 12% in the elemental sulfur sector.
  • The elemental sulfur market was significantly expanding, with a size of US$ 6,467 million in 2022.
  • By 2033, the elemental sulfur market in China is projected to expand, with a CAGR of 3.9%.
  • In 2023, Germany is expected to expand significantly in the elemental sulfur business, with an expected share of 4.1%.
  • By 2033, India is projected to grow considerably in the Elemental sulfur market, with a share of 4.5%.
  • In 2023, Australia is likely to develop substantially in the elemental sulfur business, with an expected share of 1.2%.
  • Japan’s elemental sulfur industry share is likely to expand significantly, with a 4.6% share in 2023.
  • In 2023, the oil segment is expected to lead the market with a share of 49.6% and is likely to hold a top spot in the market in terms of source by 2033.
  • Agrochemicals are predicted to hold the top rank in the market in terms of application by 2033 and to have a market share of 53.5% in 2023.

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Competitors Winning Strategies

Elementary sulfur manufacturers are introducing cutting-edge sulfur-based fertilizers to take advantage of the rising demand as knowledge of the value of sulfur in fertilizers continues to increase. Key elemental sulfur businesses compete with several local players and emerging start-ups regarding production capacity, technical improvements, and customer connections to obtain a competitive edge in the market.

Recent Developments:

  • Northern Nutrients stated in June 2021 that it intended to construct a new plant using Shell Thiogro technology to produce improved urea fertilizer utilizing elemental sulfur. When it became operational in 2022, this production plant enabled the corporation to manufacture its elemental sulfur urea fertilizer brand in Canada.
  • In August 2020, Gazprom Export, a sizable division of Gazprom, boosted export volume in August 2020. The business provided over 1.3 million tonnes to customers abroad.

Top Key Player in the Global Industry

  • The Saudi Arabian Oil Company
  • Marathon Petroleum Corporation
  • Exxon Mobil Corporation
  • Tengizchevroil
  • Valero Energy Corporation
  • Sinopec Corp.
  • Royal Dutch Shell Plc.
  • Pemex
  • OAO Gazprom
  • Abu Dhabi National Oil Company
  • Motiva Enterprises LLC
  • ConocoPhillips Company
  • Oxbow Corporation
  • PotashCorp

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Key Segmentation

By Application:

  • Agrochemicals
  • Chemical & Petroleum Refining
  • Rubber & Plastics
  • Mining & Metallurgy
  • Paper & Pulp

By Source:

  • Gas-Based
  • Oil-Based
  • Mining

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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 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
LinkedIn| Twitter| Blogs | YouTube