Market Research Blog – Page 4391 – New Product Development

Hot stamping, a non-polluting process, involves transferring pre-dried ink or foils to objects at high temperatures, enhancing product aesthetics and shelf life. Various foil types, including metalized, pigmented, holographic, and specialty foils, find applications in plastics, paper, cosmetics, greeting cards, and packaging industries. The eco-friendly aspect of hot stamping foils promises a positive outlook for the global hot stamping foil market in the forecast period.

Hot stamping is a printing process in which pre-dried ink or foils are transferred to the surface of the object at a very high temperature. It is one of the important and non-polluting processes used for the decoration of various products. Various types of hot stamping foils such as metalized foils, pigmented foils, holographic foils, and other specialty foils, are available in the market and used for different applications. Hot stamping foil increases the aesthetic appeal of the product, thereby attracting consumer attention.

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The addition of extra layers on the surface of the object also helps to increase the shelf life of the product. Hot stamping foils are widely used in areas like plastics, paper, cosmetics, greeting cards, and other packaging and graphics industries where appearance, color, and workability are essential. Also, the eco-friendly nature of hot stamping foil is likely to create a positive outlook for the growth of the global hot stamping foil market during the forecast period.

Market Dynamics:In order to spark consumer interest, various packaging manufacturers are focusing on the aesthetic appeal of products. Thus, the hot stamping process and hot stamping foils have gained enormous importance in the printing and packaging industry as it enhances product appeal and makes its packaging distinguished from others. This factor is expected to fuel the growth of the global hot stamping foil market during the forecast period. High durability and workability over various printing processes also appear as essential factors for the growth of the global hot stamping foil market. The exceptional offerings of hot stamping foil such as heat distortion, as well as scratch, moisture, abrasion and chemical resistance, makes it ideal for various packaging applications. Such factors are foreseen to diversify the uses of hot stamping foil in multiple areas, which ultimately push the growth of the global hot stamping foil market during the forecast period.

The continuous expansion of the packaging and printing industries across the globe and increasing use of hot stamping foil for decorative purposes is anticipated to drive the growth of the hot stamping foil market throughout the next decades. Also, the biodegradable and recyclable nature of hot stamping foil ensures no negative impact on the environment. Overall, the global outlook for the growth of hot stamping foil market is expected to remain positive during the forecast period.

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Regional Outlook:

Western Europe is expected to dominate the global hot stamping foil market during the forecast period accounting the largest market share. The rapid expansion of food & beverage, cosmetics & personal care, automotive, and other industries are likely to create significant demand for hot stamping foil during the forecast period. The major economies such as Germany, the U.K., France, and Italy are expected to drive the Western Europe hot stamping foil market during the forecast period. Overall, Western Europe is expected to register a positive growth rate of hot stamping foil during the forecast period. North America is a significant shareholder of the global hot stamping foil market and is expected to record notable growth rate during the forecast period.

Rising adoption of hot stamping foil in packaging and printing applications is expected to push the growth of the hot stamping foil market. The U.S. is expected to be highly attractive in terms of market share, while Canada is likely to register a high growth rate in the hot stamping foil market. The Asia Pacific excluding Japan (APEJ) is expected to be a rapidly growing market for hot stamping foil. The growth of the packaging industry in the APEJ region appears to be a key factor in the growth of the hot stamping foil market. China is estimated to account for a significant market share, while India is expected to register a high growth rate in the hot stamping foil market during the forecast period.

Key Players:

Examples of some of the key players operating in the global hot stamping foil market are:

UNIVACCO Foils Corporation
Spartanics
Rasik Products Pvt. Ltd.
Point Scandinavia AB
Foil Stamp Solutions
Interfilms India Pvt. Ltd.
Sparkle Foil N Films
Peyer
Foilco Limited
ITW Foils

Hot Stamping Foil Market: Key Trends

Some of the key trends observed among the hot stamping foil manufacturers are listed below:

Manufacturers such as UNIVACCO Foils Corporation and Foilco Limited are focusing on developing and producing high-quality hot stamping foils.
To retain and increase customer base, various manufacturers are channeling their efforts to provide technical as well as value added service to their customers.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional Analysis Includes-

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

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Market Segmentation:

On the basis of material type:

Polyethylene
Polypropylene
Polyethylene Terephthalate
Polyvinyl Chloride
Polystyrene
Aluminum
Others

On the basis of type:

Metallized Foil
Pigment Foil
Effects Foil
Holographic Foil
Scratch-Off Foil
Signature Panel Foil
Other Specialty Foil

On the basis of application:

Printing
Packaging

On the basis of end use:

Food & Beverage
Cosmetics & Personal Care
Textile
Healthcare
Consumer Goods
Electronics & Electricals
Automotive
Gift, Toys, & Stationery
Publication & Commercial
Others

Hot Stamping Foil Market Reports Highlights:

A detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size regarding volume and value
Recent industry trends and developments
Competitive landscape
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.

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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Flexible Packaging Paper Market Poised for 4% CAGR Growth Amidst a Shift from Plastic to Sustainable Paper Film Packaging 2022-2032

The flexible packaging paper market is set to experience a steady 4% compound annual growth rate (CAGR) from 2022 to 2032. It serves as an eco-friendly alternative to plastic packaging for various products, from manufacturing goods to household items. With a primary application in the packaging of food products like confectioneries, snacks, and coffee, its growth is further fueled by increasing environmental concerns regarding plastic waste disposal.

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“Paper film packaging has emerged as an environmentally beneficial substitute for plastic packaging and is here to stay” for goods produced by manufacturing businesses as well as home items. Flexible packaging paper is primarily used to package a variety of foods, including sweets, snacks, coffee, sugar, and others. The market for flexible packaging paper has also benefited from increased concerns over the disposal of plastic trash.

Examples of some of the key players operating in the global flexible packaging paper market are Sappi Limited, Smurfit Kappa Group plc, Mondi Group Plc, International Paper Company, DS Smith Packaging Limited, WestRock Company, Nippon Paper Industries Co., Ltd., Oji Holdings Corporation, Stora Enso Oyj, Georgia-Pacific LLC, Billerud Korsnäs AB, Packaging Corporation of America, Pratt Industries, Inc., Kap Stone Paper and Packaging Corp, etc.

The flexible packaging paper market is expected to grow considerably due to the increasing adoption of eco-friendly packaging products by consumers. Flexible packaging paper is widely preferred due to its properties such as lightweight, cost-effectiveness, and durability. Flexible packaging paper products require smaller space on shelves as compared to rigid packaging products. In addition, flexible packaging paper also provides a wide range of presentation possibilities that help product manufacturers increase the aesthetic appeal of the product and also enhance product branding. On the other hand, plastic flexible packaging has better tensile strength as compared to flexible packaging paper, which is a factor expected to hamper the growth of the market.

Following government measures, particularly social distancing norms and stay-at-home orders, companies operating in the Flexible Packaging Paper market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of COVID-19.

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The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Flexible Packaging Paper market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

The global flexible packaging paper market is segmented by material type, packaging type, distribution channel, and end-use industry. The pricing for flexible packaging paper has being done based on material type segment in US$ million, and the volume is considered in tonnes.

On the basis of material type –

Coated Unbleached Kraft Paperboard (CUK)

Solid Bleached Sulfate (SBS)

Coated Recycled Paper (CRP)

Waxed Paper

On the basis of packaging type –

Wraps

Cartons

Bags & Sacks

Envelops

Lids

Pouch

Sachet

Others

On the basis of distribution channel–

Retail

E-commerce

On the basis of end-use industry –

Food & Beverages

Personal Care & Cosmetics

Pharmaceutical Agriculture

Electrical & Electronics Consumer Goods

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Important Questions Answered in the Flexible Packaging Paper Market Report

Which end-user remains the top revenue contributor in different regional markets?

At what rate has the global Flexible Packaging Paper market been expanding during the forecast period?

How will the global Flexible Packaging Paper market look by the end of the forecast period?

What innovative strategies are adopted by Flexible Packaging Paper market players to stay ahead of the pack?

About FMI
Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Octyl Alcohol Market Sees Rapid Growth, Projected to Reach US$ 8.9 billion by 2033, Says Future Market Insights (FMI)

As per the Future Market Insights (FMI) analysis, sales of octyl alcohol rose globally between 2018 and 2022 at a CAGR of 4.5%. The global market for octyl alcohol is expected to surge at a moderate CAGR of 2.9% by 2033.

The octyl alcohol market size is projected to reach US$ 6.7 billion in 2023. The market is likely to surpass US$ 8.9 billion by 2033 at a CAGR of 2.9% during the assessment period.

According to Future Market Insights (FMI), the market is projected to exhibit an absolute dollar growth of US$ 2.2 billion through 2033.

Octyl alcohol, also identified as 1-octanol or caprylic alcohol, is a fatty alcohol with the chemical formula C8H18O. It is categorized as a primary aliphatic alcohol and is generally used in several industrial applications due to its multipurpose nature.

Octyl alcohol exists in diverse isomeric forms, of which primary octyl alcohol (1-octanol) is the most common and commercially important.

Octyl alcohol has a mild characteristic odor and is comparatively insoluble in water but soluble in organic solvents. Its exclusive combination of assets makes it useful in a wide range of applications in diverse sectors.

Octyl alcohol is used in the manufacturing of several pharmaceutical intermediates and as a raw material for the synthesis of perfumes. It is likewise found in cosmetics and personal care products, including lotions, creams, and shampoos, where it acts as an emollient, thickener, and emulsifier.

Octyl alcohol is the key raw material in the production of plasticizers, an additive that enhances the flexibility and machinability of plastics. It is commonly used in the synthesis of plasticizers such as dioctyl phthalate (DOP), which is used in the production of soft PVC products.

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The characteristic odor of octyl alcohol makes it valuable in creating flavors and aromas that are used in several consumer products. This includes food, beverages, perfumery, and household goods.

Octyl alcohol can also be used as a solvent in laboratory and industrial processes, especially for reactions and extractions where a relatively non-polar medium is required.

Regulatory considerations, including environmental regulations and health and safety standards, may affect the production, use, and disposal of octyl alcohol.

As sustainability becomes a greater concern, there may be pressure for eco-friendlier alternatives or bio-based derivatives of octyl alcohol. Research efforts are underway that may lead to the development of new applications or improved methods of octyl alcohol production.

Factors such as the availability of raw materials, logistical considerations, and geopolitical influences can affect the supply and price of octyl alcohol. In sectors such as personal care and cosmetics, consumer demand for natural and eco-friendly ingredients can influence the use of octyl alcohol in product formulations.

Key Takeaways from the Report:

The market in the United States is projected to reach US$ 1.6 billion by 2033, growing at a CAGR of 9%.
The market in China is expected to reach a market share of US$ 2.1 billion, expanding at a CAGR of 8% during the forecast period.
Based on the type, the industrial grade segment is expected to continue dominating the octyl alcohol industry with a CAGR of 8% from 2023 to 2033.
Based on application, the 1-Octanol segment is expected to continue dominating the octyl alcohol industry with a CAGR of 7% from 2022 to 2033.
The octyl alcohol market in the United Kingdom is estimated to reach a value of US$ 315.4 million, expanding at a CAGR of 6% during the forecast period.

“Octyl alcohol is used in the pharmaceutical sector to estimate the lipophilicity of treatments and as a solvent in manufacturing courses. Its important role in the production of surfactants is a vital ingredient in the production of washing powders, shampoos, and other cleaning goods, stable foaming, increased detergency, and enhanced overall performance of the cleaning product.” – says Future Market Insights (FMI)

Who is Winning?

Sasol; BASF, SABIC, BharatPetroleum, and KLK OLEO are key manufacturers listed in the report.

Key market players in the octyl alcohol market uphold their competitiveness by leading on product excellence and constancy and investing in research and development for product innovation and launch.

Key establishments are implementing growth strategies such as acquisitions, partnerships, and subsidizing to the development of the market.

For instance,

In March 2023, Bharat Petroleum Corporation Limited and Andhra Petrochemicals Ltd raised the price of 2-Ethylhexanol This value increase is due to rising commodity prices coupled with strong demand for the merchandise in the market.

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Segmentation Analysis of the Octyl Alcohol Market

Type:

Industrial grade
Food grade
Others

Application:

1-Octanol
- Flavors & Fragrances
- Pharmaceutical
- Others
2-Octanol
- Flavors & Fragrances
- Agrochemicals
- Resins
- Others
2-Ethylhexanol
- Plasticizers
- 2-EH Acrylate
- 2-EH Nitrate
- Others

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global octyl alcohol industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the octyl alcohol market based on Type (Industrial grade, Food grade, Others) Application (1-Octanol [Flavors & Fragrances, Pharmaceutical, Others] 2-Octanol [Flavors & Fragrances, Agrochemicals, Resins, Others] 2-Ethylhexanol [Plasticizers, 2-EH Acrylate, 2-EH Nitrate, 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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Bioinsecticides Market Set for Remarkable Growth, Expected to Reach US$ 287 million by 2033 with an 11% CAGR

By 2033, the market for bioinsecticides is anticipated to reach a value of about US$ 287 million. In 2023, it’s expected to surpass a value of around US$ 101.3 million. During the assessment period of 2023 to 2033, the market is anticipated to surge at a CAGR of 11.0%.

In 2022, the bioinsecticides industry was estimated to be worth around US$ 90.5 million. In the forecast period, it is expected to provide an absolute dollar opportunity of US$ 185.7 million.

In recent years, the market for bioinsecticides has steadily grown. It is primarily motivated by a range of strong arguments that highlight how agriculture and pest management are evolving.

The trend points to a wider shift toward environmentally responsible and sustainable agricultural practices. One of the main factors is a growing awareness of the harmful effects of traditional chemical pesticides on ecosystems, non-target animals, and human health.

Alternatives that are less harmful to the environment and human welfare are becoming more and more necessary. This is due to growing consumer and government concern about these repercussions on a global scale.

Growing use of integrated pest management (IPM) strategies has raised the demand for bioinsecticides. IPM emphasizes the use of several pest management strategies in a comprehensive approach, which helps to reduce the over-reliance on chemical remedies.

Bioinsecticides are a good fit for IPM since they are created from living organisms including fungi, bacteria, and plants. They provide a potent management tool for pest populations. They can also aid in reducing resistance in the target pests, an issue typically associated with chemical pesticides.

As a result of increased trade and globalization, invasive pests have spread to new regions, significantly affecting ecosystems and agriculture. Bioinsecticides might be able to defeat these invasive species with a clear advantage. They can be specifically developed to eradicate these pests without harming local species.

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Bioinsecticides are regarded as a preferred solution for maintaining ecological balance and biodiversity in agricultural contexts. These have excellent targeting abilities and have little impact on beneficial insects such as predators and pollinators.

Stronger regulations governing the use of chemical pesticides are motivating farmers and landowners to consider less harmful alternatives. For crops with rigorous residue regulations and those intended for export, bioinsecticides are expected to be a good choice.

They frequently have reduced maximum residue levels and shorter pre-harvest times. This regulatory pressure has led to an increasing usage of bioinsecticides as a component of an all-encompassing pest management strategy. Sales might also be boosted by the high demand for residue-free meals.

Research and advancements in biotechnology have led to the discovery of new bioinsecticide formulations that have increased efficacy and longer shelf lives. Farmers might be more likely to incorporate these things into their pest management strategies.

A greater shift toward sustainable agriculture would be reflected in a rising demand for bioinsecticides. It is anticipated that this will prioritize long-term ecological health and food security over immediate concerns.

Key Takeaways from Bioinsecticides Market Study:

The global bioinsecticides market expanded at a considerable CAGR of 5% in the historical period from 2018 to 2022.
South Korea bioinsecticides industry is likely to create an incremental opportunity of around US$ 10.7 million in the review period.
Japan bioinsecticides industry is expected to top a valuation of US$ 41.6 million by 2033.
Based on source, the microbials segment is anticipated to witness a CAGR of about 9% in the assessment period.
In terms of application, the cereals and grains segment registered a CAGR of 1% between 2018 and 2022.

“Bioinsecticides might offer adaptable and unique pest control methods that are better able to handle the changing pest activity brought on by climatic changes. These pesticides typically take their inspiration from living things, including beneficial insects or microbes. Their adaptability can raise awareness of them as a safe and efficient pest control technique. This is projected to create new opportunities for leading players.” – Says a lead analyst at Future Market Insights (FMI).

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Competitive Landscape

Manufacturers of bioinsecticides are investing in research & development to create novel formulations that increase product stability, shelf life, and efficacy. This covers delivery methods, adjuvants, and encapsulating technologies that maximize the release of active substances.

Utilizing biotechnology, they are creating bioinsecticides with improved characteristics such as greater specificity, faster action, and resistance to environmental influences. Creation of bioinsecticides designed to successfully target particular pests would be made possible through genetic alterations.

Advantages of utilizing bioinsecticides are being made known to farmers, agronomists, and consumers by small manufacturers who are funding instructional programs. Workshops, seminars, and online resources are used to highlight the environmental benefits and show proper application techniques.

A small number of other businesses are gaining certificates that confirm the security, effectiveness, and environmental impact of their products. Certifications such as organic certifications can increase consumer confidence and make it easier to access markets.

Key Companies Profiled

BASF SE
Bayer AG
Certis USA L.L.C.
Novozymes
Marrone Bio Innovations

For instance,

A well-known producer of peptide-based bioinsecticides, Vestaron, debuted Spear RC, a new product in the Spear family, in February 2023. Lepidopteran pests such as armyworm, soybean looper, and cotton bollworm would be killed by this new treatment. It is designed to be used in a range of crops, including cotton, soybeans, and rice.

Bioinsecticides Market Outlook by Category

By Source:

Microbials
Plants
Others

By Application:

Cereals & Grains
Oilseed and Pulses
Fruits and Vegetables
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
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

Global Drilling Polymers Market Surges to US$ 3 billion as Sustainable Solutions Take Center Stage by 2033

Demand for drilling polymers is likely to witness US$ 2132.4 million in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit a 3.5% CAGR. Revenue is anticipated to cross around US$ 3 billion by the end of 2033. The drilling polymers market size reached US$ 2050.4 million in 2022.

There is a growing demand for environmentally friendly drilling polymers due to increasing environmental regulations and sustainability concerns. Biodegradable and low-toxicity polymers are gaining traction in the market.

Research and development efforts are focused on creating polymers with enhanced performance characteristics. It includes improved viscosity control, thermal stability, and fluid loss prevention, to optimize drilling operations.

The expansion of shale gas exploration activities has driven the demand for drilling polymers. These polymers are essential for efficient drilling and hydraulic fracturing operations in unconventional reservoirs.

Offshore drilling activities continue to play a significant role, requiring specialized polymers that can withstand harsh conditions. It includes high pressure and high salinity while maintaining drilling fluid stability.

Horizontal drilling techniques, commonly used in oil and gas production, require specific drilling polymers. It is used to manage cuttings and maintain wellbore stability, contributing to the market growth.

The Asia-Pacific region, especially in countries such as China and India, has shown increased drilling activities, leading to a high demand for drilling polymers in this region.

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Adoption of digital technologies and automation in drilling processes is driving the need for polymers that can perform effectively in complex and dynamic drilling environments. Fluctuations in raw material prices can impact the cost of drilling polymers, influencing market dynamics and strategies for procurement and pricing.

Evolving regulations related to drilling fluids, including restrictions on certain chemicals, influence the formulation and adoption of drilling polymers. Collaborations between polymer manufacturers, oil and gas companies, and research institutions are fostering innovation in the field of drilling polymers.

Key Takeaways from the Drilling Polymers Market Report:

The global market is expected to reach a valuation of US$ 2132.4 million by the end of 2033.
Sales of drilling polymers are anticipated to grow at a CAGR of 3.5% over the forecast period.
The United States drilling polymers market is projected to have a valuation of US$ 606 million by 2033.
China is projected to reach a market valuation of US$ 635.3 million by 2033.
By type, the polyacrylamide segment is estimated to grow at a value CAGR of 3.4% during the forecast period 2023 to 2033.

“Rising demand from offshore drilling activities is likely to drive demand for drilling polymers in the forecast period. Manufacturers are collaborating with oil and gas companies to jointly develop and test new drilling polymer solutions. Innovations in this business hold massive potential to meet evolving customer needs and push growth through 2033.” says a lead analyst at Future Market Insights (FMI)

Who is Winning?

Key manufacturers are developing eco-friendly and biodegradable drilling polymer products. These are used to align with increasing environmental regulations and corporate sustainability goals. They are also expanding market reach by establishing distribution networks, partnerships, and production facilities in key regions to better serve local markets.

Manufacturers are providing tailored drilling polymer solutions and technical support to address specific challenges faced by customers. They are ensuring consistent product quality and adherence to industry standards to build trust with customers.

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Key Companies Profiled

SINO MUD
Baroid Industrial Drilling Products
Baker Hughes, Inc.
Halliburton, Inc.
Chevron Corp.

A few companies present in the Crab Meat Market:

Baker Hughes Co. is a provider of energy and industrial products and services. The company’s product line includes drilling equipment, compressors, pipe systems, regulators, control systems, and pumps. The firm also provides digital solutions such as non-destructive evaluation and inspection, as well as plant controls.
Halliburton Energy Services, Inc. is an oil field service provider. The Company supplies the exploration, development, and extraction firms with products, services, and solutions, as well as oil fields devices, parts, logistics, and staff.

Drilling Polymers Market Outlook by Category

By Type:

Polyacrylamide
Others

By Technique:

Down The Hole Drills (DTH)/Rotary Air Blast Drilling (RAB)
Diamond Drilling
Top Hammer Drilling
Reverse Circulation Drilling
Others

By End-use:

Mining
Oil & Gas
Construction
Others

By Region:

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

Get More Valuable Insights

FMI has released an objective assessment of the global market, presenting past demand data from 2018 to 2022 and projecting forecast statistics for the 2023 to 2033 period.

Drilling polymers market by product type (polyacrylamide and others), by technique (down to hole drills/rotary air blast drilling, diamond drilling, top hammer drilling, reverse circulation drilling, and others), by end-use (mining, oil & gas, construction, and others) & region from 2023 to 2033

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

Global Agricultural Lubricants Market Set to Reach US$ 6.3 billion by 2033, Driven by Mechanized Farming Surge

The global agricultural lubricants market is estimated to reach revenues of US$ 3.6 billion in 2023. Over the assessment period 2023 to 2033, revenue is set to propel at 5.7% CAGR. It is expected to result in a sum of US$ 6.3 billion by the end of 2033. During the historical period between 2018 and 2022, sales had escalated at 6.9% CAGR. In 2022, revenues from agricultural lubricants sales amounted to US$ 3.4 billion.

The global agricultural lubricants industry is expected to see immense popularity during the forecast period. This is due to increasing adoption of mechanized farming techniques that drive the demand for lubricants to maintain and operate agricultural machinery efficiently. Large farms require more machinery and equipment, leading to high lubricant consumption for maintenance and operation.

Advancements in agricultural machinery design now necessitate specialized lubricants to ensure optimal performance and durability. Farmers are focused on maximizing crop yields, which makes essential well-maintained machinery, and equipment using appropriate lubricants.

Growing environmental consciousness and legislation has driven the development of eco-friendly agricultural lubricants, resulting in the creation of a new market niche within the farm lubricants business.

Strict environmental regulations drive the demand for eco-friendly and biodegradable lubricants in agriculture to minimize environmental impact. Increasing global food demand is pushing farmers to optimize their operations, creating a need for efficient machinery lubrication.

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The trend towards precision farming requires accurate and consistent machinery operation, requiring high-quality lubricants. Developing countries are modernizing their agricultural practices, leading to increased machinery usage and lubricant consumption.

Modern agricultural methods, such as precision agriculture, rely largely on precise machinery performance. This necessitates a greater demand for lubricants to preserve the accuracy and efficiency of high-tech farming equipment. As emerging countries switched to more effective farming techniques, mechanization and modernization activities increased usage of agricultural machinery, driving need for lubricants.

Maintenance is critical in modern farming operations since reliable machinery performance is essential. Lubricants have been critical in preventing malfunctions and guaranteeing constant machine functioning, which has increased demand.

Farmers are recognizing the importance of regular machinery maintenance, boosting the demand for lubricants. Ongoing research and development in lubricant formulations enhance performance and extend machinery lifespan. These factors are anticipated to drive market growth during the forecast period.

Key Takeaways from Agricultural Lubricants Market Study:

Sales of agricultural lubricants had escalated at 9% CAGR During the historical period between 2018 and 2022.
By type, the mineral oil segment is set to witness at 6% CAGR over the forecast period from 2023 to 2033.
Based on application, the engines division is projected to register at 5% CAGR between 2023 and 2033.
The United States is estimated to account for significant shares in the global market at 6%.
China is expected to register a sum of US$ 1.3 billion in 2033 in the global market.

“The global agricultural lubricants industry is benefitted from the rising adoption of mechanized farming techniques. Manufacturers are incorporating IoT and sensor technologies to provide real-time monitoring. Product diversification and machinery-specific lubrication options are expected to create sizeable growth opportunities for vendors throughout the forecast period.”- says a lead Future Market Insights (FMI) analyst.

Who is winning?

Key manufacturers are investing in research and development to create advanced lubricants that can withstand the unique challenges of agricultural environments. It includes dust, moisture, and extreme temperatures. They are collaborating with equipment manufacturers and agricultural associations to create specialized lubricants that enhance machinery performance.

For instance,

In March 2021, Morris Lubricants introduces a revolutionary new line of superior multipurpose lubricants intended to meet a broad range of agricultural needs. This has been launched to propel the company’s continuous expansion in the agriculture sector.

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Find More Valuable Insights into Agricultural Lubricants Market Report

The research report analyzes the demand for agricultural lubricants market. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

As per Future Market Insights (FMI), the market has been analyzed based on type (mineral oil lubricants, synthetic lubrications, and bio-based lubricants), application (engines, gear & transmission, hydraulics, greasing, implements) across various region.

Agricultural Lubricants Market Outlook by Category

By Type:

Mineral Oil Lubricants
Synthetic Lubricants
Bio-Based Lubricants

By Application:

Engines
Gear & Transmission
Hydraulics
Greasing
Implements

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 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

Rapid Growth Projected for Europe’s Biomass Pellets Market: Expected to Reach ~US$ 22,161.2 million by 2033, Says Future Market Insights

The Europe biomass pellets market, as reported by Future Market Insights (FMI), reached US$ 10,743.6 million in 2022. Demand for biomass registered a 6.3% year-on-year growth in 2022, indicating that the Europe market would reach US$ 11,387.5 million in 2023.

Over the forecast period 2023 to 2033, Europe sales of biomass pellets are expected to exhibit a 6.9% CAGR. It is expected to total a market size of US$ 22,161.2 million by the end of 2033.

Biomass pellets are a clean-burning, cost-effective, and renewable source of fuel that is gaining high popularity as an alternative to fossil-based fuels. Biomass pellets can be produced from any type of compressed biomass or organic matter. This includes cordwood, wood chips, wood sawdust, waste paper, agricultural waste (residue), food waste, virgin lumber, and energy crops among others.

The key application of biomass pellets is heating. They can be used in industrial heating, commercial or residential heating, and also in power generation.

Wood pellets are widely consumed for diverse applications in European countries such as in the United Kingdom, Netherlands, Italy, Germany, and others. The increasing cost of energy, electricity, and fluctuations in the oil and gas industry are propelling the demand for renewable products for power generation.

The United Kingdom is the leading and key consuming country followed by other European countries such as Denmark, The Netherlands, Italy, Germany, and others.

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The growing demand for renewable energy has created export opportunities for European biomass pellet producers. Countries with surplus biomass resources, advanced pellet production technologies, and sustainability certifications are exporting biomass pellets to meet demand in other countries, contributing to market growth.

Key market players are focusing on alternative distribution channels, such as online, to strengthen their market presence in both regional and country-level markets.

The majority of key players are focusing on, expansion of production units whereas small-scale companies must invest significantly in research and development to introduce new products and expand their Europe presence. Also, key players are focusing on growth in strategic sectors and creating value hubs.

Key Takeaways:

Europe market of biomass pellets is projected to witness a CAGR of 9% during the period between 2023 and 2033.
Based on the end use, biomass pellets are widely used in residential sector majorly for heating and cooking purposes.
Based on the type, wood pellets are the dominant segment and hold more than 85% of the total market share.
Based on the country, the United Kingdom is the leading and key consuming country for biomass pellets, at 25% of the total Europe market.

“Expansion of production capacities to cater the growing demand for pellets is driving the market in Europe. Fluctuating prices of oil & gas in Europe, and demand for green and carbon-neutral technology are expected to provide growing opportunities to manufacturers.” – says a lead FMI analyst

Competitive Landscape

According to Future Market Insights (FMI) Analysis Energex, Blackwood Technology, Arbaflame AS, TTCL Public Company Limited, Verdo Holding A/S, Airex Energie Inc., Graanul Invest, Iwatani Corporation, Land Energy Girvan Limited, Schwaiger Holzindustrie GmbH and Co. KG, Holzwerke Weinzierl GmbH, Balcas Energy, Enviva, LP, Drax Group, Ambienta Biomasse, Naparpellet and others are the market players, which are identified as key players.

Key players are engaged in the expansion of production capacities along with research and development.

Key players are also involved in the long-term supply of the products with the end users to maintain the proper supply chain and uninterrupted supply of final products.

For instance:

On April 4th, 2022, Enviva announced a US$ 250 million investment in new production plant for bond, mississippi to serve growing demand for renewable resources.
December 12th, 2022, Enviva Inc. announced the signing of a new 10-year take-or-pay off-take fuel supply contract with an existing European customer, extendable for up to five years. \
On June 1^st 2019, Arbaflame signed a contract with Engie. The French energy company Engie will purchase 70,000 tonnes a year of Arbaflame’s patented wood pellets to replace coal in Engie’s coal power plant Maasvlakte in Rotterdam.

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More Insights into the Europe Biomass Pellets Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the Europe biomass pellets market, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the Europe market potential, growth, and scope, the market is segmented based on type, source, end-use, and country.

Market Segmentation by Category

By Type:

Wood Pellets
Black Pellets
Forestry Pellets
Agricultural Pellets
Biomass Briquettes

By Source:

Agricultural Residue
Wood Sawdust
Wood Chips
Others

By End-use:

Residential
- Heating
- Cooking
- Power Generation
Industrial
- Heating
- Power Generation
- Bio-refining
- Others
Commercial
- Heating
- Power Generation
- Others

By Region:

Germany
Italy
France
The United Kingdom
Spain
Belgium
Netherland
Russia
Rest of 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 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

Asia Pacific Waterproofing Chemicals Market Soars, Anticipated to Reach US$ 1,223.1 million by 2033 as Construction Sector Booms

In 2018, the Asia Pacific waterproofing chemicals market had a value of US$ 363.1 million. By the end of 2033, the market is anticipated to reach US$ 1,223.1 million, reflecting a 9.6% CAGR between 2023 and 2033. In 2023, it’s expected to surpass a valuation of about US$ 491.1 million.

Waterproofing chemicals are widely used in the construction sector. They play a vital role in preventing the structures from water damages.

The construction sector is expanding rapidly due to rising infrastructure development and urbanization. This increasing demand for waterproofing chemicals reflects the importance of these chemicals in protecting structures from water damage.

Waterproofing chemicals are essential in the building sector as they protect structures from water damage and ensure their lifetime & durability. Infrastructure expansion, urbanization, and real estate projects are driving considerable growth in the construction sectors. As builders and contractors prioritize the implementation of effective waterproofing solutions, demand for waterproofing chemicals would expand.

There is a growing emphasis on sustainable construction practices, including the use of eco-friendly materials and energy-efficient building systems. This trend has influenced demand for sustainable waterproofing chemicals that are non-toxic. A few chemicals that are low in volatile organic compounds (VOCs) and have minimal environmental impact are also expected to witness high demand.

Growing tourism sector in Asia Pacific might present significant opportunities for the waterproofing chemicals market. Several countries in the region such as Thailand, Malaysia, Indonesia, Vietnam, and the Philippines are popular tourist destinations, attracting millions of visitors each year.

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Surging tourism might push the construction and expansion of hotels, resorts, theme parks, and other hospitality establishments. It is likely to help in creating a rising demand for effective waterproofing solutions.

Waterproofing chemicals that offer enhanced protection against harsh environmental factors can find a strong demand in coastal developments in the tourism sector. Meeting unique requirements of the tourism sector and delivering reliable waterproofing solutions might drive growth and establish a strong presence in this market.

Key Takeaways from Asia Pacific Waterproofing Chemicals Market Study:

Asia Pacific waterproofing chemicals industry witnessed a CAGR of 5% over the historical period from 2018 to 2022.
Malaysia waterproofing chemicals industry is likely to expand at a CAGR of 2% during the forecast period from 2023 to 2033.
By technology type, the membrane type segment is set to surge at a CAGR of 7% during the forecast period.
Thailand waterproofing chemicals industry is set to exhibit a CAGR of 6% through 2033.
Vietnam waterproofing chemicals industry is estimated to witness a CAGR of 2% during the evaluation period.

“Growing awareness and attention on catastrophe resilience are two leading factors contributing to market expansion. Waterproofing solutions are becoming increasingly important as Asia Pacific nations experience more frequent natural disasters such as floods and typhoons. They could aid in preventing water-related harm to infrastructure, buildings, and residences.” – says a lead analyst at Future Market Insights (FMI).

Competitive Landscape in Asia Pacific Waterproofing Chemicals Market

Manufacturers of waterproofing chemicals in Asia Pacific are investing in research & development to produce new and improved waterproofing chemical products. This involves creating formulations that are more useful, environmentally friendly, and meet unique requirements of various sectors.

Manufacturers are also diversifying their product lines to provide a wide range of waterproofing solutions in order to satisfy the market’s various expectations. To service a wide range of customers, they are accommodating numerous construction kinds, materials, and climatic circumstances.

Several other significant businesses divide their target areas depending on a variety of criteria, including location, market, and client demands. They can adjust their marketing and product offers by comprehending the distinctive needs of various sectors.

Customize Your Knowledge: Unlock Targeted Insights to Drive Growth in the Asia Pacific Waterproofing Chemicals Market! https://www.futuremarketinsights.com/customization-available/rep-AP-71

For instance,

Saint-Gobain opened a cutting-edge waterproofing chemicals facility in Malaysia in May 2021, occupying a sizable 50,000m2 space. Modern Saint-Gobain manufacturing techniques are on display at this facility. It produced a variety of waterproofing and waterproofing chemical solutions, demonstrating extraordinary versatility. The facility also concentrates on creating 3D printing solutions, which helps the business take lead in this newly expanding market niche.

Asia Pacific Waterproofing Chemicals Market Outlook by Category

By Technology Type:

Membrane Type
- Bitumen
- PVC
- TPO
- EPDM
- HDPE
- LDPE
- Thermoplastic
Coatings
- Bitumen
- Cementitious
- Acrylics
- Polyurethane
- Elastomeric Coating
- Others
Injection Grouting
- Polyurethane
- Epoxy
- Acrylates
Integral System

By Sales Channel:

Direct Sales
Retail Stores
Distributors and Wholesalers
Online
DIY

By End User:

Commercial Sector
- Walls and Roofing
- Basements/Foundations
- Terraces
- Balconies
- Water Storage Tanks
- Others
Residential Sector
- Walls and Roofing
- Basements/Foundations
- Terraces and Balconies
- Floors
- Water Storage Tanks
- Others
Infrastructure Sector
- Foundations
- Airport Runways
- Bridges and Flyovers
- Tunnel Liners
- Water Storage Tanks
- Roads and Highways
- Dams and Reservoirs
- Others
Industrial Sector
- Walls and Roofing
- Basements/Foundations
- Floorings
- Tanks and Vessels
- Pipelines
- Tanks and Silos
Others

By Country:

Thailand
Vietnam
Malaysia
Indonesia
Guatemala

Get More Valuable Insights into the Asia Pacific Waterproofing Chemicals Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the Asia Pacific waterproofing chemicals industry, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the Asia Pacific market potential, growth, and scope, the market is segmented based on technology type (membrane type, coatings, injection grouting, and integral systems), sales channel (direct sales, retail stores, distributor and wholesalers, online, and DIY), end user (commercial, residential, infrastructure, industrial, and others), and country (Thailand, Vietnam, Malaysia, Indonesia, and Guatemala).

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

On Site Preventive Care Industry Surges to US$33.8 Billion with 6.8% CAGR by 2028, | FMI Reports

The report reveals that the On Site Preventive Care Industry is poised for remarkable growth, with projections showing it reaching a value of US$ 33.8 billion by 2028, reflecting a robust CAGR of 6.8% over the forecast period. This marks a significant increase from an estimated US$ 22.8 billion in 2022.

Workplace safety standards and the imperative to adhere to workplace norms are identified as key drivers fueling the demand for on-site preventive care. Employers, in recognition of the importance of employee health and well-being, are increasingly adopting on-site preventive care solutions. The rising incidence of workplace-related illnesses further underscores the obligation for companies to implement employee safety measures.

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The report provides in-depth insights into the evolving landscape of the on-site preventive care market, offering valuable data and analysis for industry stakeholders, healthcare professionals, and decision-makers.

For more information, please refer to the complete report “On-site Preventive Care Industry: Global Industry Analysis (2017-2021) and Opportunity Assessment (2022-2028)” by Future Market Insights.

On-site clinics enable employees to receive the required essential care at the time of emergency without having to leave the workplace. The clinicians in these clinics also aid employees in searching for a primary care physician who they can consult with on a regular basis. As a Future Market Insights analyst quotes, “Changes in lifestyle among the working class have incessantly impelled employers to establish certain behavioral standards within the workplace. This is one of the core factors responsible for the growing adoption of on-site preventive care in several organizations across the globe.”

North America and Western Europe to Compete Neck and Neck

In 2017, North America held a share of 37.0% in the global on site preventive care industry closely trailed by Western Europe. The dominance of North America can be attributed to the several policies implemented by the U.S. government pertaining to employee safety and the adoption of certain employee codes of safety. The U.S. is also an extremely mature market owing to the high adoption of workplace wellness programmes.

Burgeoning Penetration of Workplace Wellness Programmes to Bode Well for the Market

In the recent past, workplace wellness programmes have earned the merit of being one of the most adopted healthcare services in the world. It has been further expected that its adoption will increase in the coming years owing to the implementation of the Affordable Care Act. This act is expected to promote an increase in the employee-based coverage of workplace wellness and also promote these programmes through several provisions. Moreover, the growing incidences of chronic diseases among the working population have also become a matter of concern and this has compelled employers across the globe to adopt as well as promote workplace wellness programmes.

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Furthermore, employers who have adopted on-site preventive care services have reported enhanced performance ranging from heightened morale and cost savings to productivity. The death of time, access, and cost along with misunderstanding of the benefits of prescribed wellness programmes result in the underutilisation of primary care services. As a result, employees flood emergency rooms, missing out on critical preventive care measures and also leave chronic conditions go unmanaged. In this regard, on-site clinics provide employees with the necessary support without having to leave their work and plus the clinicians also work together with the patients in a cohesive environment to address their various health related issues.

Companies to Innovate Services in the Global Market

In order to stay ahead of the competition, several companies operating in the global market are focussing on innovating their existing services and integrating new services. Some of the leading companies in the market are Premise Health, OnSite Care, Inc., PrevMED, RepuCare, Healthcare Solutions Centers, LLC, McCormack & Kale Motiva Health & Chiropractic, Inc., Marino Wellness, Kinema Fitness, and TotalWellness.

Key Market Segments Covered in On-site Preventive Care Industry Research

By Service Type

Acute Care
Chronic Disease Management
Wellness and Coaching
Nutrition Management
Diagnostic and Screening
Others

By Management Model

In-house Management Model
Hybrid Management Model
Outsourced Management Model

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Author

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

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

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

About Future Market Insights (FMI)

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

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Global Paper Chemicals Market Predicted to Reach US$ 46.5 billion by 2033, Says Future Market Insights (FMI) Analysis

The global paper chemicals market size is expected to rise from US$ 38.4 billion in 2023 to US$ 46.5 billion by 2033. Over the forecast period 2023 to 2033, global paper chemicals sales are likely to soar at 1.9% CAGR.

According to the Future Market Insights (FMI) analysis, paper chemicals sales grew at a CAGR of 2.6% over the historical period 2018 to 2022. Over the forecast period, the worldwide market for paper chemicals s is forecast to progress at 1.9% CAGR.

The paper chemicals industry refers to the businesses involved in the production, supply, and distribution of chemicals and additives used in the manufacturing processes of paper and paper-based products. These chemicals are essential to improve paper quality, performance, and properties during paper manufacturing and end use.

The paper chemistry market is a key support sector for the global pulp and paper industry. It is responsible for producing a wide range of paper products for packaging, printing, writing, hygiene, and other uses.

Paper chemicals are used at numerous stages of the papermaking process to achieve specific properties and functions. They are used in processes such as pulping, bleaching, sizing, coating, and surface treatment. This helps impart properties to it such as wet strength, dry strength, printability, and barrier resistance to the final paper product.

Demand for paper chemicals is driven by aggregate demand for paper and paper-based products widely used in industries such as packaging, printing, publishing, hygiene, and construction.

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As consumer preferences shift to green and sustainable products, there is an increasing focus on developing green and environmentally friendly paper chemicals that minimize the environmental impact of paper production.

The paper chemicals market is highly competitive and constantly evolving. Companies invest in research and development to create new and improved chemicals to meet the changing needs of the paper industry.

In addition, stringent environmental regulations and sustainability efforts are influencing market trends, leading to the adoption of greener methods and chemicals in the papermaking process.

Key Takeaways from the Paper Chemicals Market Report:

China’s paper chemicals industry is expected to reach a valuation of around US$ 10.8 billion by 2033.
The United States paper chemicals industry is poised to reach US$ 8.1 billion by 2033.
Paper chemical demand in the United Kingdom is anticipated to rise at a steady CAGR of 7% during the forecast period from 2023 to 2033.
Based on type, pulp chemicals are projected to surge at a CAGR of 7% by 2033.
The specialty chemicals segment is expected to register a CAGR of 5% from 2023 to 2033.

“The growing importance and popularity of functional chemicals that impart higher optical properties to advance printability are likewise driving the development of the paper chemicals market.” – says a lead analyst at FMI

Competitive Landscape:

Leading paper chemicals manufacturers are constantly launching a new range of products to meet consumer demand. They are likewise using strategies such as partnerships, mergers & acquisitions, collaborations, distribution agreements and advertisements to gain a competitive edge in the market.

For instance,

In April 2023,AmmorIndiaannouncedstrategicexpansionplansforchemicalandsteel-relatedproductswithdeliveryreaching52
In March 2023, Nippon Paint announced the strategic expansion of the construction chemicals

Key Companies Profiled

Akzo Nobel NV
Archroma
Ashland Global Holdings Inc.
BASF SE
Behn Meyer Chemicals (Qingdao) Co. Ltd.

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More Insights Available

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the paper chemicals market presenting historical data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study reveals segments segmented in terms of type (pulp chemicals, process chemicals, functional chemicals), and form (specialty chemicals, commodity chemicals) from 2023 to 2033.

Paper Chemicals Market by Category

Type:

Pulp Chemicals
Process Chemicals
Functional Chemicals

Form:

Specialty Chemicals
Commodity Chemicals

About the Chemical and Materials Division at Future Market Insights (FMI)

Future Market Insights (FMI) highly experienced chemical and materials team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations.

With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the chemicals and materials business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help.

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