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Global chlorine disinfectant market revenues are poised to reach US$ 4.2 Bn by the end of the forecast period, 2022 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities.

In line with this, global sales of chlorine disinfectants are set to soar promisingly in the near term, as projected by a new Future Market Insights (FMI) study.

The survival period of SARS-COV-2 – a virus that causes COVID-19 – on inanimate objects differs with various factors including, temperature, and humidity. This accents the need for frequent cleaning and disinfection of surfaces, thereby, enabling broader usage of chlorine disinfectants.

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Key Takeaways of Chlorine Disinfectant Market Study

• Increasing emphasis on cleanliness in hospitals is boosting the demand for chlorine disinfectants in hospital applications. Infections are a significant threat in hospitals and chlorine-based cleaners disinfect work surfaces and equipment, thereby, preventing the spread of contagious diseases.
• Chlorine disinfectants are gaining significant traction in industrial wastewater treatment applications. Chlorine can be used in wastewater disinfection either as elemental chlorine (gas) or as a chlorinated compound such as liquid sodium hypochlorite solution or solid calcium hypochlorite. Chlorine disinfectants play a vital role in the industrial wastewater treatment process.
• Textile bleaching is anticipated to emerge as a significant application of chlorine disinfectants during the forecast period, owing to their superior bleaching property such liquid chlorine bleaches are highly effective at whitening fabrics and also provide germicidal activity at usage concentrations.
• The chlorine disinfectant market in South Asia including, India, and ASEAN countries is witnessing notable growth recently, attributable to the growth of end-use industries such as healthcare, and water treatment in this region.

Governments in several regions are highly focused on improving municipal water facilities in urban and rural areas. Such developments for industrial and domestic/ municipal water treatment are expected to create high demand for water & wastewater treatment chemicals such as chlorine disinfectants over the forecast period.

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Market Landscape: Moderately Fragmented

The global chlorine disinfectant market is moderately fragmented, owing to the presence of several international and domestic payers in the market. The top ten established players account for over a third of the total supply.

Key players such as 3M Company, Procter and Gamble, Reckitt Benckiser, Clorox Company, Ecolab, Hind Pharma, Chemtex Speciality Ltd, Nyco Products Company, Delux Chemicals, Achlor Chemical Ltd., and others are also focusing on increasing their presence in the domestic market. Leading manufacturers are laying emphasis on strengthening their partnerships with end users.

Chlorine Disinfectant Market by Category

By Form:

• Solid/Granular
• Liquid
• Gas

By Application:

• Drinking Water
• Swimming Pool Water
• Industrial Wastewater
• Textile Bleaching
• Hospital
• Others

What Does the Future Hold?

The global Chlorine Disinfectant market is anticipated to grow at a moderate rate over the forecast period on account of its increasing demand in the water treatment industry in emerging countries. Furthermore, increasing awareness regarding cleanliness, especially in hospitals where Infections are a significant threat in both developed and emerging countries is further expected to propel market growth.

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Learn More About the Report Coverage

Future Market Insights has published a market research report on the Chlorine Disinfectant market that contains a global industry analysis of 2015-2021 and an opportunity assessment for 2022-2030. The report provides an insightful analysis of the Chlorine Disinfectant market through four different segments- grade, application, end-user, and region.

The Chlorine Disinfectant market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc. Polypropylene yarn is lightweight and cost-effective and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and it is dirt- and stain-resistant.

Polypropylene yarn also has many color variants and is reusable. The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Billion in 2022 and is projected to exhibit a CAGR of 5.6% over the forecast period.

All these factors favour the use of polypropylene yarn in textile industries. Moreover, the shifting of the focus of manufacturers in some developing regions towards the production of relatively cheap textiles in higher volumes is expected to pave the way for robust sales during the forecast period (2022-2029).

However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt.

Governments have restricted transportation amidst the lockdown, leading to logistical issues in the region. A further transmission of the coronavirus would stretch the transport paralysis, leading to a marked production decline of polypropylene yarn. In addition, the export of finished textile products and apparel is expected to drop too.

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Key Takeaways from Global Polypropylene Yarn Market Study

• Polypropylene multifilament yarn is likely to be sought-after in the future, owing to its growing application in textile industries.
• In terms of consumption, Europe and the U.S. are the most prominent regions. Countries such as Belgium, the Netherlands, Spain, Germany, France, and Italy are the prime consumers of synthetic yarn (PP yarn), whereas Belgium and the Netherlands (BENELUX) are prime importers of synthetic yarn (PP yarn).
• Growing apparel industries across the world are expected to increase the demand for polypropylene yarn. Increasing demand for sportswear, blazers, etc., is also surging the demand for fine polypropylene yarn, as it is largely consumed in their production.
• Easy availability of raw wool in countries such as Australia and New Zealand, is driving polypropylene yarn production in this region. These countries produce various types of polypropylene yarn, such as Merion wool, Shetland wool, etc., in high volumes.
• Governments are taking initiatives for promoting the production of polypropylene yarn. For instance, the Indian Government is working to persuade growers to focus on wool production rather than meat production. Production in such countries is further backed by economical labour availability. Hence, a considerable amount of polypropylene yarn is produced in India and exported to international markets.

East Asia to Offer Lucrative Growth Opportunities

East Asia is anticipated to hold a prominent share in the global polypropylene yarn market, owing to the increasing textile industries in the region. Another key factor driving the growth of the polypropylene yarn market in East Asia is the focus of manufacturers on the customization of products as per specific applications. Polypropylene yarn is also prominently used in the production of apparel such as sportswear, thermal wear, and active wear, which is further bolstering its sales in the region.

Global players such as SWM, Industrial Ponsa, Thrace Group, Bonar Yarns, Lankhorst Yarns, William Barnet & Son, LLC, and Daman Polythread Ltd. have invested strategically in the polypropylene yarn market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with the expansion of production capacity and footprint, remains the key strategy of polypropylene yarn manufacturers to enhance productivity and capture new market opportunities.

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Polypropylene Yarn Market by Category

By Product Type:

• PP Multifilament
• PP Monofilament

By Application:

• Industrial Textiles
• Home Textiles
• Carpets
• Sports Accessories and Ancillaries
  • Sportswear
  • Active Wear
  • Thermal Underwear
• Others

By Region:

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

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of the ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers.

The rising population in Asia Pacific has led to an upheaval in demand for fertilizers in the region. The majority of the demand for ammonium phosphate will be generated from countries such as India and China. Moreover, the proliferation of fertilizer plants in the region is supplementing the growth of the ammonium phosphate market.

The projected growth rate of the ammonium phosphate market is approximately 3.3% over the course of the forecast period (2019-2029). The demand from the fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of the ammonium phosphate market.

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Key Takeaways of Ammonium Phosphate Market Study

• The fertilizers industry accounts for substantial ammonium phosphate demand.
• The rising uptake of ammonium phosphate in fire extinguishers is propelling market growth.
• Gains in the ammonium phosphate market to remain consolidated in the Asia Pacific.
• Europe and North America’s ammonium phosphate market will witness modest growth through 2029.
• Demand for organic fertilizers will limit the growth of the ammonium phosphate market in developed regions.

Major stakeholders in ammonium phosphate must renew their focus towards Asia Pacific market which continues to remain the growth epicentre on account of heightened demand for fertilizers.

Demand for Mono-ammonium Phosphate to Remain Rampant in Fertilizers

Mono-ammonium Phosphate (MAP) is a chief component of granular fertilizer. The pH regulation and water solubility are the two most sought-after attributes of MAP. Farmers continue to prefer ammonium phosphate for the sustained and healthy growth of plants. The augmented demand for MAP in high-pH soils is particularly fuelling the market.

In suspension fertilizers, ammonium phosphate is used in powdered form. Moreover, MAP has good handling and storage properties which are boosting its demand among consumers. However, the ongoing debate over the potential environmental impact of ammonium phosphate based fertilizers is limiting the market growth.

Asia Pacific Acquires 32.6% Revenue Share in Ammonium Phosphate Market

Demand upsurge for fertilizers owing to the increasing population is boosting the ammonium phosphate market in the Asia Pacific. The predominant markets for ammonium phosphate are China and India. On that premise, Asia Pacific constitutes approximately 32.6% revenue share in the ammonium phosphate market.

On the other hand, consumers in Europe and North America have a growing inclination toward organic fertilizers. The ammonium phosphate market growth in these two regions will be relatively sluggish on that account. Moreover, stricter environmental norms in developed economies will hamper the growth of the regional ammonium phosphate market.

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Geographic Expansion Remains the Chief Strategic Tenet of Global Players

The competitive landscape of the ammonium phosphate market is consolidated in nature at the global level. However, in certain regions, it remains fragmented with the proliferation of SMEs. Key manufacturers featured in this study include, but are not limited to, OCP SA, Wengfu Group, Yara International ASA, Solvay S.A., Coromandel International Ltd., Lanxess AG, Nutrien Ltd., Jordan Phosphate Mines Company, Haifa Group.

Premier companies in the ammonium phosphate market are focused on geographic and operational expansion for a greater market foothold. However, the demand for inorganic fertilizers continues to stagnate in developed economies. Manufacturers thus need to divert their resources toward the Asia Pacific market where the use of ammonium phosphate based fertilizers is still prevalent.

Ammonium Phosphate Market: Segmentation

The global ammonium phosphate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Product Type

• Mono-ammonium Phosphate (MAP)
• Di-ammonium Phosphate (DAP)
• Ammonium Polyphosphate

Application

• Fertilizers
• Fire Extinguishers
• Food & Beverages
• Water Treatment Chemicals
• Detergents & Soaps

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More about the Report

FMI’s study offers an in-depth market forecast and analysis of the global ammonium phosphate market. The major categories encompassed by the report include product type (mono-ammonium phosphate, di-ammonium phosphate, and ammonium polyphosphate), application (fertilizers, food & beverages, fire extinguishers, detergents & soaps, and water treatment chemicals) across five regions (North America, Latin America, Europe, Middle East & Africa, Asia Pacific).

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

The global Dolomite market is expected to be valued at US$ 3.41 Billion in 2022. With the growing demand from construction, agrochemicals, mining & metallurgy, pharma & healthcare, and glass & ceramics sectors, overall demand for Dolomite is projected to grow at a CAGR of 4.4% between 2022 and 2032, totaling around US$ 5.28 Billion by 2032.

Dolomite is used in the manufacturing of high-mechanical-strength concrete that can withstand heavy loads. Investment in infrastructure, especially in developing nations is boosting the demand for dolomite in civil construction. This is resulting in increased sales of dolomite, and the trend is expected to continue over the forecast period.

Significant growth in the construction and infrastructure sector across the world in the past few years has boosted the consumption of cement, resulting in high demand for dolomites for production. As dolomite utilization helps in reducing carbon emission and waste generation, key players are preferring dolomite to produce cement. This reduces the overall production cost and helps companies in achieving their sustainability goals.

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Key Takeaways from the Market Study

• From 2017 to 2021, the market demand expanded at a CAGR of 4.4%
• By Material Type, Calcined Dolomite to accumulate a market share of 55% in 2022
• By End-use, the cement and agrochemicals segment dominates the market with a share of 65%
• U.S to emerge as a promising market, capturing nearly 2/5^th of global market revenue in 2022
• China is an opportunistic market, expected to capture nearly 32% revenue
• Germany is a significant contributor to the Dolomite market revenue landscape, accounting for over 25% of sales

The growing use of aluminium across end-use sectors like automobile, packaging, and manufacturing, among others is positively influencing the growth of Dolomite in the global market, remarks an FMI analyst.

Competitive Landscape

Players in the global Dolomite Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.

Some of the recent developments among the key players are:

• In June 2022, a new and innovative two-stage crushing system was installed at RHI-Magnesita’s main United States industrial site in York, Pennsylvania, which mines dolomite for the production of refractory materials.
• In April 2022, Backtrace Holdings Ltd – a world leader in Productizing Science® – is excited to announce the launch of Particle Works, a spin-out of Dolomite Microfluidics. The official launch of this new brand took place at the LNP Formulation and Process Development Summit in Boston, MA, from the 12th to the 14th of April 2022.
• In May 2022, Omya, based in Switzerland, acquired the distributor Prima Inter-Chem in Malaysia and Indonesia. With this move, Omya boosts and develops its ingredient and specialty chemicals distribution in these countries for the food, pharmaceutical, animal feed, and industrial markets.

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Key Segments Covered in the Dolomite Industry Analysis

Dolomite Market by Material Type:

• Calcined Dolomite
• Agglomerated Dolomite
• Sintered Dolomite

Dolomite Market by End User:

• Cement
• Agrochemicals
• Mining & Metallurgy
• Pharma & Healthcare
• Glass & Ceramics
• Water & Sludge Treatment
• Animal Feed

Dolomite Market by Region:

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

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture, and petroleum. The international calcium acetate market is poised for a modest boom at approximately 3% CAGR through the length of the projection length (2022-2029). Moreover, manufacturers have targeted assignment growth-orientated techniques for long-time period competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to power the global Calcium Acetate market

The position of calcium acetate in treating hypophosphatemia has emerged as an important pharmaceutical application. Patients tormented by kidney diseases are given oral prescriptions of calcium acetate at the same time as they are on dialysis. Calcium acetate significantly reduces the threat of stroke or coronary heart ailment with the aid of removing hazardous construct-up of phosphate in the human frame.

Key Takeaways of Calcium Acetate Market Study

• The role of calcium acetate in food preservation is projected to facilitate overall market growth through the forecast period.
• Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
• Accelerating R&D activities for diversifying end-use applications is contributing to the calcium acetate market growth.
• Gains in the calcium acetate market will be concentrated in the Asia Pacific and North America.
• The availability of alternatives would hinder the growth of the calcium acetate market in the foreseeable future.
• Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture the majority share through the forecast period. Higher-income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for a substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify Their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, and AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts toward broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand their foothold in emerging countries, they must opt for a capacity expansion strategy.

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Calcium Acetate Market: Segmentation

The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Function

• Texturizer
• Stabilizer
• Thickener
• Firming Agent

Application

• Pharmaceuticals
• Agriculture
• Food and Beverages
• Pet Food

More about the Report

FMI’s study offers an in-depth market forecast and analysis of the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America, and North America).

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds. According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Million by 2029.

Substantial growth in the anti-seize compounds market is mainly backed by the growth of the automotive & transportation industry, which holds a prominent share in the consumption of anti-seize compounds, closely followed by the petrochemical sector.

“In most end-use industries, galling or seizing can increase maintenance time, resulting in longer shutdowns or closure. Increasing use of anti-seize compounds has enabled end users to reduce maintenance cost as well as time, and has simultaneously offered an efficient solution for improving gasket performance.”

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Key Takeaways of Anti-seize Compounds Market Study

• Anti-seize compounds serve almost all major end users, including automotive & transportation, petrochemicals, mining, and others. The industrial sector in Asia Pacific is growing substantially, thereby increasing the demand for anti-seize compounds in the region.
• Copper-grade anti-seize compounds find use in almost all end-use industries; hence, the segment is the most prominent amongst other grades. The nickel-grade anti-seize compounds segment is anticipated to grow at a substantial rate, as these are increasingly being preferred in industries such as petrochemicals, oil exploration, and other industries where chemicals are involved, on account of nickel’s inert nature.
• East Asia is a prominent market for anti-seize compounds and is expected to continue its dominance, owing to its strong industrial growth and high adoption of the product in the region.
• Increasing awareness about the need for the protection of the environment and the prevention of soil contamination has restricted the use of metallic anti-seize compounds on a global scale. Moreover, users are preferring nonmetallic anti-seize compounds over metallic ones, owing to their high cost.

The market Landscape is Fairly Fragmented

The global anti-seize lubricants market is fairly fragmented, owing to a number of players holding small shares in the market. The top ten established players account for more than one-third of the total supply. Manufacturers are focusing on strengthening their partnerships with end users and original equipment manufacturers (OEMs).

Established players provide services to end users, which is an added advantage and will help them build relations for long-term supply. Key players such as Anti-Seize Technology, Henkel AG & Company, KGaA, Permatex, Inc., DuPont, Bostik, SAF-T-LOK International Corporation, FUCHS, Calumet Specialty Products Partners, 3M Company, CSW Industrials, Inc., and others are also focusing on marking their direct presence in local markets.

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Anti-Seize Compounds Market Taxonomy

Grade

• Silver Grade
• Nickel Grade
• Food Grade
• Marine Grade
• Copper Grade
• Regular Grade
• Nuclear Grade
• Non-metallic Grade
• Zinc/Aluminum Grade
• Special Purpose Anti-seize Grade

Sales Channel

• Offline
• Online

Container Type

• Cans
• Cartridges
• Drums
• Other Containers

End Use

• Automotive & Transportation
• Construction Equipment
• Aircraft
• Mining Equipment
• Food Processing Equipment
• Marine
• Power Generation
• Oil Exploration Equipment
• Steel Foundry
• Petrochemicals
• Textile Equipment
• Others

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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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According to the report, the market is expected to post impressive gains, expanding staggeringly at a CAGR exceeding 10% throughout the forecast period. Increasing construction and infrastructure development activities are spurring demand. ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global ceiling tiles market for the forecast period 2021-2031.

The market posed some lucrative gains in the historical forecast, surpassing US$ 26 billion in revenue as of 2018. Residential and commercial construction industries remain the primary application areas for ceiling tiles. Modern ceiling tiles are also equipped with features such as acoustic and thermal insulation, attributes which shall greatly enhance prospects for key manufacturers.

A major trend gripping the ceiling tiles landscape is the drive toward attaining sustainability in construction. The advent of green buildings is a notable development in this regard, with key players emphasizing attributes including sustainably sourced raw materials as well as using recycled substances to manufacture their products.

For instance, Celiume Tiles use 75% less raw material during the manufacturing process and produces 98% post-industrial recycled tiles.

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Key Takeaways from FMI’s Ceiling Tiles Market Study

• Mineral fiber/gypsum ceiling tiles accounted for over two-fifths of revenue share in 2020
• Commercial applications to account for over nine out of ten sales through 2021 and beyond
• By installation, drop/suspended ceiling tiles to enjoy heightened demand in forthcoming years
• By form, laminated ceiling tiles are expected to surge in popularity, amid their ease of installation on lightweight
• US to generate attractive growth prospects, underpinned by a flourishing housing sector
• Stringent government regulations to periodically upgrade ceiling material to spearhead UK market growth
• Growing infrastructure development projects to spur sales across India and China

“Mounting environmental concerns are prompting key construction companies to incorporate environmentally-friendly ceiling tiles, providing ample opportunities for manufacturers to expand their product lines,” remarks the FMI analyst.

Competitive Landscape

Prominent manufacturers are effectively deploying a slew of expansion strategies, ranging from customized product offerings to collaborations, mergers, and other capacity expansion initiatives. The market is highly competitive, given the presence of a wide range of regional and global level players.

In October 2020, CertainTeed launched its Unified Ceilings Solution, a newly realigned ceilings resource focused on the commercial architecture and design industry. The initiative unites the full ceiling and wall product portfolios of CertainTeed, Hunter Douglas, Ceiling & Wall Products, Norton Industries, and Decoustics under the umbrella of CertainTeed Architectural.

In March 2021, Rockfon LLC launched its loyalty program for suspended ceiling installers titled MyRockfon through which loyalty club members can earn rewards while purchasing Rockfon products, completing surveys or sharing photos of their projects. This will provide the company with an opportunity to show that its products are for everyday projects across all sectors, including shops, offices, restaurants, and leisure facilities.

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Ceiling Tiles Market Key Segments Covered

Material

• Aluminum
• Fiber Glass
• PVC
• Mineral Fiber/Gypsum
• Wood
• Steel

Application

• Residential
• Commercial
• Hospitality
• Industrial
• Institutional

Installation

• Surface Mount
• Drop/Suspended

Form

• Laminated
• Fissured
• Patterned
• Plain
• Textured
• Coffered

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More Insights on the Global Ceiling Tiles Market

In its latest report, FMI offers an unbiased analysis of the global ceiling tiles market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of material (aluminum, fiberglass, PVC, mineral fiber/gypsum, wood, and steel), application (residential, commercial, hospitality, industrial and institutional), installation (surface mount and drop/suspended) and form (laminated, fissured, patterned, plain, textured and coffered) across five major regions.

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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.

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A recently published study by FMI expects the global demand for wood pellets market to increase at a CAGR of 11% during the forecast period between 2022 and 2032, reaching a total of US$ 26.15 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 8%.

Wood pellets form a clean, environmentally beneficial, sustainable, and renewable biomass. The increasing global demand for renewable energy is driving the demand for wood pellets to reduce the usage of fossil fuels that contribute to global warming. This is expected to contribute to the growth of the industry over the forecast period.

Consumers in developed regions such as Europe have greater environmental sentience, which continues to account for their increasing reliance on renewable sources. Bio-based energy sources are gathering impetus in developing countries for electricity generation. The reason is attributed to rising energy consumption and favorable government policies.

A significant reduction in the emission of greenhouse gasses is increasing the consumption of wood pellets in the industrial sector. Continued innovations in combustion technology are to be accredited for the impressive growth of the wood pellets market.

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Key Takeaways from the Market Study

• North America accounts for revenue of US$ 200 Million in 2022
• Europe is projected to account for approximately 78% of the global market share
• Asia Pacific is projected to account for 11% of the market share
•  Forest and wood waste-derived wood pellets to experience the highest uptake, flourishing at a 10.4% CAGR until 2032
• By end-use industry, residential applications to account for a revenue of US$ 3.5 Billion in 2022

“The manufacturers are increasing the availability of self-cleaning systems in wood pellet boilers that require minimal user input. Even though these boilers are gaining popularity, they require frequent maintenance in order to have the highest working proficiency.” says an analyst at FMI. 

Market Competition

Key players in the wood pellets market are Enviva Partners LP, Pinnacle Renewable Energy Inc., Wood Pellet Energy (UK) LTD, Andritz AG, Energex, and Georgia Biomass, LLC.

• The United Kingdom’s energy company Drax Group PLC announced the acquisition of Canada-based wood pellet producer Pinnacle Renewable Energy Inc. in February 2021. With the addition of Pinnacle’s 11 sites, Drax will own 17 pellet plants and development projects.
• In April 2021, Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui OSK Lines (MOL), a leading international marine transport group, signed an MoU agreement to develop and deploy an environmentally friendly bulk carrier.

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Key Segments Profiled In The Wood Pellets Market Industry Survey

Wood Pellets Market by Feedstock:

• Forest and Wood Waste Resources
• Agricultural Residue and Waste
• Food Waste
• Virgin Lumber
• Energy Crops

Wood Pellets Market by End Use Industry:

• Residential/Commercial Heating
• CHP/District Heating
• Co-firing

Wood Pellets Market By Region:

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

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More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global wood pellets market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of feedstock (Forest and Wood Waste Resources, Agricultural Residue and Waste, Food Waste, Virgin Lumber, Energy Crops), end-use industry (Residential/Commercial Heating, CHP/District Heating, Co-firing) & region.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials