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The market for naphthol AS-IRG is expected to reach a value of US$ 142.9 million in 2022 and grow at a 5.9% CAGR to US$ 253.5 million by 2032. Growth is linked to the construction industry’s continued expansion. A CAGR of 4.6% was seen for the market for naphthol AS-IRG from 2016 to 2021.

Naphthol AS-IRG is used as intermediate for the manufacture of organic pigments, pigment yellow 83 and azoic dye. Naphthol AS-IRG also known as 2′,5′-DIMETHOXY-4′-CHLORO-ACETOACETANILIDE its molecular formula is C12H14O4CLN. According to the latest research, the demand for Naphthol AS-IRG is anticipated to grow with a compelling growth rate of about 5.9% in between the coming assessment period of 2022-2032.

Azoic dyes are used for producing bright shade of color such as orange, red, navy blue, and black color. Acetoacetanilide is a co-promoter for unsaturated polyesters and is used in agricultural chemicals, coating materials, dyes, and pigments. Agrochemicals, dyes, pigments, pharmaceuticals, including vitamins, and stabilizer for PVC and polyester are among the many uses for diketene derivatives.

The Naphthol AS-IRG market is growing steadily, and with the growing number of opportunities key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale. Significant growth of the pigments industry and organic and inorganic industry in countries such as China and India drive the industrial sector market in the Asian-pacific region.

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Key Manufacturers

Some of the leading manufacturers and suppliers include

• Vipul organics
• Qingdao Longyuntong Corporation
• Jiangsu Tianbo Chemical Co.Ltd.
• PRAVIN DYECHEM PVT. LTD
• Laxmi Organic Industries Limited
• and many others.

What is Driving Demand for Naphthol AS-IRG?

The Major factors driving the market are the growing demands coming from the dyes and pigments industry. Naphthol AS-IRG suitable for textile dyeing and printing, pigment manufacturing, and tie and dye Industries. Some of the phenolic chemicals manufactured are used as key ingredients for various dye intermediates and pigments used in synthesis of active pharmaceutical ingredients such as Medodrine. It is also used as an intermediate for plastic additives and dyes (yellow pigment).

Because of the expanding application in the building and paint sectors, the inorganic pigments market is likely to rise significantly. The inorganic pigments market is driven by urbanisation and increasing development in construction activities, particularly in emerging nations. Furthermore, the increased use of inorganic pigments as colorants in the plastics industry is fueling market expansion.

Growth of Azo Pigments industry boost the market and increasing demand of Naphthol AS-IRG

One of the important segments for using the Naphthol AS-IRG is in the field of azo pigments industry. The worldwide azo pigments market has been developing due to increased demand for azo pigments in various industries. Azo pigments are widely used in plastics, paints and varnishes, textiles, rubbers, food, and printing inks. Since the last few years, the market has been gradually growing.

Plastics are one of the most common uses for azo pigments. Plastic is used in the manufacture of a wide range of products nowadays. Because of the physical qualities of azo pigments, their demand in the plastic industry is significant. The worldwide azo pigments market is benefiting from the rapid growth of the plastics sector.

Paints are another important industry in which azo pigments are widely used. Azo pigments are utilised in both artistic and commercial paint applications. With the growing need for dyes and pigments, the Naphthol AS-IRG market is expanding rapidly.

APAC Naphthol AS-IRG Market Outlook

In terms of producing and supplying organic pigments, Asia Pacific is the largest market. The market has grown as a result of rising demand for organic pigments and government regulations requiring the use of eco-friendly products. This is the strongest regional market for industries like textiles, plastics, and construction, thus organic pigment makers are focusing their efforts here.

Because of the low manufacturing costs and opportunity to serve local emerging markets, businesses are also transferring their production base to APAC. The biggest organic pigments markets in the region include China, Japan, and India. In Asia Pacific, China is the largest producer and consumer of organic pigments. China and India are large producers of azo pigments and they are expected to dominate the market in the region over the forecast period.

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Europe and North America Market Outlook

North America and Europe are seeing increased demand for low-carbon products. The use of azo pigments in foods has been permitted by governments around the region. North America and Europe are expected to benefit from this.

Furthermore, the rapid growth of the packaging industry, combined with the increasing usage of organic pigments in food and commercial packaging applications, as well as increased demand for the product in paint and printing ink applications, is likely to boost regional market growth.

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

Key Segments Profiled in the Naphthol AS-IRG Industry Survey

Naphthol AS-IRG Market Application:

• Naphthol AS-IRG for Wood Preservatives
• Naphthol AS-IRG for Dyes & Pigments
• Naphthol AS-IRG for Azoic Dyes
• Naphthol AS-IRG for Other Applications

Naphthol AS-IRG Market Region:

• North America Naphthol AS-IRG Market
• Latin America Naphthol AS-IRG Market
• Europe Naphthol AS-IRG Market
• Asia Pacific Naphthol AS-IRG Market
• Middle East and Africa Naphthol AS-IRG Market

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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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Brief Approach to Research for Liquid Soap Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of the coconut water concentrate segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Liquid Soap market sizes.

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The sales of diaper rash cream market is expected to reach US$ 634 million during forthcoming years, likely to surge at a vigorous 6.4% CAGR during the assessment period.

The global diaper rash cream market size approximately US$ 676.6 million market for diaper rash cream is likely to demonstrate strong growth potential during forthcoming years. According to a recent research study of Future Market Insights (FMI), the global sales of diaper rash cream will see a healthy 6.4% increase in 2019, prominently driven by the ‘infants’ segment. More than 3/4th of overall demand for diaper rash cream is accounted by the infant care segment, says FMI in the report.

Household applications account for more than 70% of diaper rash cream sales, followed by sales in hospitals and clinics. However, FMI’s research suggests that the diaper rash cream market in day care centres will rise rapidly in the next years. Following medicine stores and pharmacies as the primary sales channels for diaper rash cream, supermarkets and hypermarkets are gaining traction as well. The combined market value of both sectors is expected to reach more than half of the entire market value in 2019.

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The “Free-from” Trend Is Invading Diaper Rash Cream Market

According to expert pediatric dermatologists, more than half of babies suffer from diaper rash at some point of time. While this remains the key factor underpinning demand for diaper rash cream, the over-the-counter availability also make diaper rash cream an increasingly selling product in the personal care space, particularly in the skin care industry.

Diaper-wearing adults, as well as parents of infants and toddlers, are increasingly gravitating toward diaper rash cream and associated products that include only natural and organic active ingredients. The trend toward free-from synthetic compounds and scents, as well as paraben-free compounds and other safe chemicals, is sweeping the personal care market, boosting sales of organic diaper rash cream. Organic compounds are key constituents in more than 65 percent of total diaper rash cream consumed, according to the FMI analysis.

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 Key Manufacturing Players Are Focused on “Low/No Synthetic Ingredients”

It has been observed that some of the key manufactures of diaper rash cream are engaged in developing formulations based on plant-based and herbal sources, which potentially comprise of low or no synthetic ingredients. They will be focused on the entire allergen list, including silicones, parabens, and phthalates among others.

Use of petroleum and zinc oxide as an effective barrier to moisture creation inside diapers will remain one of the key strategies among competitors actively partaking in the diaper rash cream industry’s landscape. However, regulation of the percentage of such compounds to prevent potential adverse effect on skin will be a longstanding concern facing manufacturing companies.

Moreover, clinically and dermatologically tested and certified diaper rash cream products launched by companies, will experience soaring traction in the near future, suggests the report. Top brands in the baby care products landscape are also likely to strategize on brand exposure, aggressive marketing, and increased outreach to multiple sales channels, to beat the intense competition.

The report further highlights that more consumer proclivity for organic, plant-based extracts as key active ingredients will translate into rapid consumption of compounds such as jojoba and other essential oils, and honeysuckle, by R&D units of the companies, manufacturing diaper rash cream and related products.

Currently, the limitation of downstream market is among the most challenging factors hampering diaper rash cream market growth. While companies are capitalizing on the consistently increasing birth rates in developing economies, on the flipside, developed regional markets are highly likely to face a plunge owing to considerably falling rate of births.

Some of the key participants profiled in the global diaper rash cream market report include Bayer AG, Unilever, Chicco USA, Tubby Todd Inc., Beiersdorf Inc., Sebapharma, The Himalaya Drug company, Babo Botanicals LLC, Johnson & Johnson, The Honest Company, Inc., Summer Laboratories, The Natural Baby Company, LLC, Prestige Consumer Healthcare, Inc., Dani Kenney Co., Earth Mama Organics Company, and Weleda Company.

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global Diaper Rash Cream market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Ingredient

• Organic
• Conventional

By End User

• Infants
• Adults

By Application

• Household
• Hospitals and Clinics
• Day Care

By Sales Channel

• Hypermarkets/ Supermarkets
• Specialty Retailers
• Multi-brand Stores
• Drug Stores and Pharmacies
• Online Retailers
• Others

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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.

Contact Us:

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The global antimicrobial nano-coatings market is expected to showcase a phenomenal growth rate by exhibiting an opulent CAGR of around 20.3% over the projection period from 2022 to 2032. The global market is predicted to reach a valuation of US$ 930.5 Mn in 2022 and is further expected to top a valuation of US$ 5,893.7 Mn by the end of 2032. As per the Future Market Insights estimations, the historical period of global antimicrobial nano-coatings market witnessed around 7.6% year-over-year growth in the historical period (2017 to 2021). Over the recent years, it has been witnessed that the demand for antimicrobial nano-coatings has been consistently growing across the globe owing to the consistent expansion of several end-use industries.

Antimicrobial nano-coatings are known to be nanotechnology-based coating techniques that are used to kill both gram-positive and gram-negative bacteria. They can bind to bacterial cell membranes and interfere with bacterial metabolism to create a pathogen-free surface. The demand for antimicrobial nano-coatings is expected to be influenced by certain industrial and innovative factors, including their surging utilization in the healthcare, automotive, food & beverage, and packaging sectors. In addition to that, surging investments in research and development activities and the rising focus of companies toward sustainability are also projected to bode well for the market. As per the estimations, the antimicrobial nano-coatings market is expected to account for around 15%-18% of the global nano-coatings industry.

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Antimicrobial nano-coatings are predicted to gain immense popularity, especially within the healthcare sector owing to their ability to reduce the risk of microbes such as E. coli and legionella. They play a crucial role in maintaining infection control protocols. Furthermore, antimicrobial nano-coatings are also expected to find several drop-in centers, surgical rooms, home care, and hospitals with various products including pull cords, floors, beds, nurse call systems, cubicle curtains, handles, case note holders, paints, and walls. They are known to be effective against viruses, fungi, and certain microorganisms such as methicillin-resistant Staphylococcus aureus (MRSA) and vancomycin-resistant enterococci (VRE), depending on the type of antimicrobial agent used.

Key Takeaways

• Emerging economies such as India, China, and others have a higher growth potential in the antimicrobial nano-coatings market owing to the rapid growth in the industrial sector. These countries are presenting significant demand for antimicrobial nano-coatings on the back of rapid expansion of the medical & healthcare, food, packaging, as well as building and construction industries.
• Antimicrobial nano-coatings are actively looking for applications in the healthcare sector in order to create a sterile environment in hospitals. In addition to that, surging investments by key players within the manufacturing industries via domestic and foreign direct investment (FDI) flows are expected to propel the antimicrobial nano-coatings market.
• All the aforementioned factors are anticipated to create considerable growth opportunities for various companies along with paving way for the antimicrobial nano-coatings market within the global landscape in the assessment period. Furthermore, manufacturers in the automotive, building & construction, medical & healthcare, and food & beverages industries are likely to find a wide variety of applications for antimicrobial nano-coatings in emerging nations.
• The widespread expansion of the construction industry in numerous countries including Ireland, the U.S., the U.K., Sweden, the Netherlands, Germany, Poland, and Hungary is further projected to drive the global antimicrobial nano-coatings market in the next ten years. Moreover, hefty government funding especially in Europe combined with the presence of supportive measures like incentives, tax breaks, and subsidies, is likely to aid growth.

Competitive Landscape

Prominent key manufacturers in the global antimicrobial nano-coatings are shifting towards the adoption of plenty of business models, including backward integration and forward integration models. The rising adoption of different business models has aided companies to improve their manufacturing capabilities and avoid disruptions in the supply chain.

More Insights into the Antimicrobial Nano-coatings Market

The U.S. is anticipated to dominate the global antimicrobial nano-coatings market by being the key producer and consumer all over the world. The U.S. antimicrobial nano-coatings market was valued at US$ 240.4 Mn in 2021. Growth in the country is attributed to the technological advancements in the medical & healthcare industry, the presence of well-developed healthcare facilities, and the high demand for microbes-free coatings are some of the key driving factors for the antimicrobial nano-coatings market in the U.S.

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Antimicrobial Nanocoatings Market Outlook by Category

By Substrate:

• Plastics
• Glass
• Metal & Alloys
• Others

By Material Type:

• Nano-silver
• Nano-gold
• Metal Halides
• Organic Nanoparticles
• Nanocomposites
• Metal Nanohybrids
• Others

By End-Use Industry:

• Automotive
• Building & Construction
• Consumer Goods
• Food & Beverages
• Medical & Healthcare
• Packaging
• Textiles
• Others

About Future Market Insights (FMI)

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 Future Market Insights, the global fluoroelastomer market reached US$1,467.6 million in 2022 and it is expected to surpass a valuation of US$ 2,374.8 million by 2032. Furthermore, the overall sales of fluoroelastomers are poised to rise at 4.9% CAGR throughout the forecast period (2022–2032).

Rising adoption across end-use industries such as automotive, oil & gas, energy, and aerospace is a key factor driving demand for fluoroelastomers globally.

Similarly, rapid shift towards lightweight and fuel-efficient vehicles is expected to boost the global fluoroelastomer market during the assessment period.

Automotive industry has witnessed drastic changes over the last few years. Implementation of environmental regulations and vehicle norms across the world has promoted the use of lightweight and polymeric automotive components to increase fuel efficiency of the vehicle. Thanks to this shift in automotive industry, fluoroelastomer sales are growing at a healthy pace and the trend is likely to continue during the projection period.

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Fluoroelastomers possess various specific properties including high fluorine-to-hydrogen proportion, outstanding oil resistance, and strong heat stability due to the lack of saturation. Hence, they find application in diverse end-use industries.

The fluoroelastomer market is expected to be driven by rising end-user demand for materials with excellent mechanical qualities including lightweight and high resistance to heat and chemicals.

Advancements in existing fluoroelastomers for better performance are anticipated to create lucrative opportunities for fluoroelastomer manufacturers during the forthcoming decade.

Key Takeaways from Fluoroelastomer Market Study

• The global market for fluoroelastomers is estimated to witness a growth rate of 9% CAGR during the forecast period.
• By product type, fluorocarbon segment currently holds a share of 7% in the global fluoroelastomer market.
• Based on end-use industry, automotive segment dominates the global market, holding a value share of 8%.
• The North America fluoroelastomer market is projected to grow at 4% CAGR through 2032.
• Demand for fluoroelastomers across the Europe is likely to increase at 1% CAGR between 2022 and 2032.
• India’s fluoroelastomer market is forecast to grow at 6.2% CAGR during the assessment period.

Who is Winning?

Leading players operating in the global fluoroelastomers industry include The Chemours Company, 3M, Daikin Industries, Gujarat Fluorochemicals Limited, Zhejiang Fluorine Chemical New Materials Co., Ltd, Halopolymer OJSC, James Walker & Co, Shin-Etsu chemicals, AGC Chemical Inc., and Solvay SA.

Key fluoroelastomer manufacturing companies are concentrating on growing their regional market and are actively engaged in establishing their direct presence in the local markets through mergers and acquisitions with regional players. They are also focused on increasing their investments in research and development to uncover new application areas of fluoroelastomers.

More Insights into the Fluoroelastomer Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global fluoroelastomer market, providing historical data from 2017 to 2021 and forecast statistics for the forecast period of 2022 and 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type, end-use industry, and region.

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Fluoroelastomer Industry Segmentation

By Product Type:

• Fluorosilicone
• Fluorocarbon
• Perfluoroelastomers

By End-use Industry:

• Aerospace
• Automotive
• Chemicals
• Consumer Electronics and Wearables
• Oil and Gas
• Energy
• Pharmaceutical and Food
• Others

By Region:

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

About Future Market Insights (FMI)

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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The global travel accessories market is expected to witness a market value of US$ 55.29 billion in 2023 and is expected to accumulate a market value of US$ 103.8 billion by registering a CAGR of 6.5 % in the forecast period 2023 to 2033. The market for Travel Accessories Market registered a CAGR of 5% in the historical period 2018 to 2022.

The global Travel accessories industry is ever changing where the old ones go obsolete as the new trend or fashion enters the market. Travel accessories are utilized for tourism, personal, and also for business travels.Travel accessories/goods include travel bags, travel outfits, business cases, electronic accessories, personal leather goods, toiletries, food box, travel pillow and blanket and locks amongst which travel bags holds the prominent share in the market.

Some of the travel accessories can also be seasonal. Travel Bags can be further classified as luggage bags, sport bags, backpacks and others. Backpack is expected witness highest CAGR as compared to other types of bags.

Nowadays, travel agencies assists consumers to choose between travel accessories. The overall travel accessories market is expected to grow at high rate in the coming decade, given the increasing discretionary income and growing international travel.

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Global Travel Accessories Market: Dynamics

Increasing disposable and per capita income in most of the developing countries is the key factor driving the tourism industry and thereby the travel accessories market.

Moreover, increasing trend amongst the millennial about travelling to maintain mental and physical health is further expected to push the market in upcoming future. Increasing number of business travellers at regional and international level is anticipated to bolster the market.

Various countries are promoting tourism while others are promoting international business due to which the international travellers increase and this is projected to impact the travel accessories market positively With increasing demand and changing trends in travel accessories, price of travel accessories is moving north which may act as a restraint to the market.

COVID-19 Impact on Travel Accessories Market:

The tourism industry is impacted utmost by the rapid outbreak of coronavirus (COVID-19) related health crisis. The pandemic continues to expand and affect the world. The potential impacts of COVID-19, including delays in the production lines, supply chain disruption, lockdowns has restricted the consumer to travel across the region or country.

In most of the countries the tourist places have been closed to decrease the spread of the disease. Business travelling is also impacted to significant extent due to COVID-19.

The travel accessories market has fallen to show negative growth due to ongoing pandemic; however, the market is expected to robust in upcoming future with demand expected to pick up again by first quarter of 2021.

Global Travel Accessories Market: Regional Outlook

Asia-Pacific region is expected to dominate the global travel accessories market and is projected to continue its dominance over forecast period owing to increasing consumer spending in countries such as China and India. Japan and ASEAN region also have the significant consumption of travel accessories.

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U.S. is largest aviation market while China is projected to be the largest aviation market in future. With growth in aviation industry, the demand for travel accessories is also expected to increase. Most of the European countries have high budget for travel and tourism as compared to other regions and also promotes tourism activities.

Global Travel Accessories Market: Market Participants

Distribution channel plays a key role for the sales of travel accessories. Key players’ focuses on online distribution channel as the adoption of online services is at high rate. The manufacturers also tie-up with travel agencies for long term supply.

The prominent players in the market also focuses on delivering compact lightweight accessories with enhanced performance to attract large customer base.

Some key players involved in the Travel Accessories market include:

• ACE Luggage Co. Ltd
• ExOfficio, Magellan’s
• MCM Worldwide
• Nike Inc.
• TravelSmith Outfitters
• VIP Industries Ltd.
• SINOX COMPANY LTD.

The research report presents a comprehensive assessment of the Travel Accessories market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Travel Accessories market segments such as product type, intensity and end-use industry.

The report covers exhaustive analysis on

• Travel Accessories Market Segments
• Travel Accessories Market Dynamics
• Travel Accessories Market Size
• Travel Accessories Market Volume Sales
• Travel Accessories Market Adoption Rate
• Travel Accessories Market Current Trends/Issues/Challenges
• Travel Accessories Market Competition & Companies involved
• Travel Accessories Market Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, Italy, France, U.K, Spain, Russia)
• South Asia (India, ASEAN)
• East Asia (China, Japan, South Korea)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Travel Accessories market segments and geographies.

Global Travel Accessories Market: Segmentation

Globally, the Travel Accessories market can be segmented on the basis of product type, and distribution channel

By Product Type

• Travel Bags
• Travel Outfits
• Business Cases
• Electronic Accessories
• Personal Leather Goods
• Toiletries
• Food box
• Travel Pillow and Blanket
• Locks
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Factory Outlets
• Online Channels
• Multi-brand Outlets

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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
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The value of the worldwide flat steel market in 2022 was $527 billion USD. From 2023 to 2033, the market is anticipated to grow at a 5.9% CAGR, reaching USD 990.7 billion.

Steel is being used in more applications in order to lower costs and produce goods of greater quality, which will improve product deployment. Furthermore, throughout the projection period, business growth will be aided by the fast industrialization of developing nations like China and India as well as the use of technology to make steel more efficient and portable.

Cold rolled steel is frequently utilised in automobile applications for both external body and internal part implementations due to its high ductility and dent resistance. Additionally, high surface completion and impact resistance vehicle parts are successfully marketed. These factors increase flat steel spending, which creates growth opportunities.

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Steel technology advancements and increased industrialization are expected to drive Asia Pacific growth. Due to its high level of steel production, intensive R&D efforts, and development of the building sector, all of which are anticipated to accelerate flat steel consumption in China, the country now maintains a sizeable market share. Additionally, the growth of the area market will benefit from the simplicity of access to raw materials.

 “Due to the wide availability of raw materials, social resources, and accelerated technological advancement in regions such as Asia-Pacific, North America, and Europe, the market for the flat iron is estimated to expand. Because of technological developments, Latin America is experiencing rapid growth.”  says an analyst at Future Market Insights.

Key Takeaways from Market Study

• In 2021, the Asia Pacific market was worth USD 256.3 billion.
• From 2018 to 2022, sales witnessed significant growth, registering a CAGR of6%.
• In 2022, the global flat steel market was worth us$ 527 billion.
• The automobile industry is the largest consumer of flat steel products, consisting of up to 10% of all steel produced globally.
• In the previous year, construction developments accounted for roughly half of the market in North America.

Key Market Players

Major players are ArcelorMittal (Luxembourg) NIPPON STEEL CORPORATION (Japan) Ezz Steel (Egypt)Tata Steel (India) HBIS Group (China) Voestalpine Group (Austria) ThyssenKrupp Steel Europe (Germany) Metals USA (U.S.) POSCO (South Korea) Yieh Corp. (Taiwan).

• ArcelorMittal introduced XCarb in March 2021, an initiative aimed at reducing CO2 emissions throughout steel production while making demonstrable improvements toward carbon-neutral steel. In flat product operations, the supplier invested in various of strategies to minimize blast furnace greenhouse gas emissions.

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Key Segments Profiled in the Flat Steel Market Industry Survey

By Type:

• Hot Rolled Coil (HRC)
• Cold Rolled Coil (CRC)
• Sheets
• Others

By Application:

• Construction
• Automotive & Transportation
• Mechanical Equipment
• Others

By Region:

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

More Valuable Insights 

Future Market Insights, in its new offering, presents an unbiased analysis of the global flat steel market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of Type (HRC, CRC, Sheets, and Others), By Application (Construction, Automotive & Transportation, Mechanical Equipment, and Others) & Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

About Future Market Insights (FMI)

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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The persulfates market is projected to reach US$ 869.7 million in 2023 and grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2033. This is a result of increased persulfate usage by significant end-use sectors including electronics and plastics.

The market is expected to be driven by increased persulfate demand in the electronics industry as well as rising consumer preference in the paper, pulp, and textile industries. Electronics, polymers, and other industrial manufacturing processes were motivated by the 2021 laws’ ease of application.

The market for persulfates has grown more rapidly as a result of this. The potential for persulfates to generate revenue in the upcoming years will be driven by the development of the electrical and electronic sectors as well as the improved efficiency of polymers.

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The US electronics market is the largest in the world in terms of size. Due to the utilisation of advanced technology, an increase in the number of R&D facilities, and a growth in consumer demand, it is likely to maintain its position as the market leader during the anticipated timeframe.

As a result, this component will significantly increase market revenue in North America. The development is attributed to the existence of a sizable number of plastic manufacturing industries in nations like China, Indonesia, and Malaysia.

Key Takeaways from Market Study

• Asia Pacific has emerged as the dominant region, accounting for more than 45.5% of revenue in 2021
• In 2022, the polymers segment led the market, accounting for more than 51% of total revenue
• In 2021, the ammonium segment dominated the industry with overall revenue of more than 50.5%
• Over the forthcoming years, North America is expected to grow at a revenue-based CAGR of 3.8%
• As reported by the Chemicals and Petrochemicals Manufacturers’ Association (CPMA), polymer production in India was 12.35 million tons in 2020 and 13.54 million tonnes in 2021.

Key Market Players

Key players in the Persulfates market are Evonik Active Oxygens; RheinPerChemie; UI VR Persulfates; MITSUBISHI GAS CHEMICAL COMPANY, INC.; Fujian ZhanHua Chemical Co., Ltd.; Ak-Kim; Yatai Electrochemistry Co. Ltd.; Hebei Jiheng Group; Fujian Jianou Yongsheng Industry; San Yuan Chemical Co., Ltd.

• Evonik Industries AG announced the successful completion of its procurement of PeroxyChem in February 2020.
• Calibre Chemicals, an Indian specialty chemicals company, acquired RheinPerChemie GmbH from Evonik in September 2022.
• Everstone Capital, a Singapore-based firm, announced the acquisition of a majority stake in Calibre, a persulfate producer, in August 2021. With the help of Everstone’s substantial and strategic resources, this collaboration aims to transform Calibre from a family-owned company into a global manufacturer.
• United Initiator, an international persulfate manufacturer, launched its sodium persulfate plant in Huaibei, China, in October 2019. This new plant has a production capacity of 10,000 tons per year.

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Key Segments Profiled in the Persulfates Market Survey

Persulfates Market by Type:

• Ammonium
• Sodium
• Potassium

Persulfates Market by End Use Industry:

• Polymers
• Electronics
• Pulp, Paper, And Textile
• Oil & Gas
• Water Treatment
• Others

Persulfates Market by Region:

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

More Valuable Insights 

Future Market Insights, in its new offering, presents an unbiased analysis of the global persulfates market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of Type (Ammonium, Sodium, Potassium), By End-use (Polymers, Electronics, Oil & Gas), & Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

About Future Market Insights (FMI)

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

The anti-pollution skin care products market to surpass a valuation of US$ 13.3 Bn at a CAGR of over 7.3% through 2031. Natural substances used in cosmetics and toiletries are in high demand, and this trend is predicted to continue.

South Korea is expected to account for over 12.6% of market share in East Asia through 2021 owing to easy access to the latest innovations along with the increase in the affordability and higher levels of discretionary income.

The recent increase in consumer awareness of health, happiness, and the environment is reflected in the organic beauty trend. According to the trend, businesses are substituting natural ingredients with synthetic ones. This is partially because of consumer demand and partly because of a move toward sustainable raw materials.

Aside from increased disposable incomes, there has been an increase in allergy cases as more chemical-based items enter the market. With greater exposure to chemical-based beauty products, people are experiencing a variety of allergies. People with sensitive skin generally avoid using such products, resulting in an increase in demand for high-end anti-pollution care solutions.

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Probiotic skincare is in high demand due to a preference for organic ingredients and the popularity of probiotics in the food and beverage industry. This opens up the possibilities for the cosmetics and personal care sector, as well as a lot of room for growth in the worldwide anti-pollution skin care products market.

The FDA in the United States is now examining scientific data to determine the safety of pro-biotics and post-biotics. Pentavitin (US only) targets Staphylococcus epidermidis prevalent in the scalp microbiome to moisturize the area and alleviate dry skin, and DSM is one of a few companies investigating into the benefits of this medicine. Syn-Up (US only) is another DSM product, a peptide component that interacts with the skin microbiome to address dry skin problems and skin redness.

Key Takeaways from the Anti-Pollution Skin Care Products Market Study

High-performance skincare for pre-teens is expanding the roots of personal care market globally.In terms of product type, facial scrubs & toners are expected to hold a noteworthy revenue share of 25.1% in 2021 due to increasing skin issues such as dryness, dark spots, wrinkles, and others.

In terms of nature, natural & organic anti-pollution skin care products marks as the prominent category due to the rising trend of organic ingredients such as turmeric, aloe vera which are chemical free.The U.S. holds a noteworthy value share of 79.0% in North America owing to the rapid upsurge in the number of anti-pollution skin care products in recent years.Thailand is a key market in South Asia reflecting a CAGR of 10.5% owing to higher spending on premium products in the country.

“To keep up with consumer demand for anti-pollution makeup, manufacturers are developing new products in a variety of makeup categories. The introduction of anti-pollution makeup, from lip balm to serum to face mask, even makeup remover, is propelling the total anti-pollution skin care products industry.” says an FMI analyst.

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Impact of COVID-19 on the Market

The novel coronavirus outbreak has caused an economic downturn by disrupting corporate operations in a variety of industries. The retail sector has taken a beating. A temporary difficulty for market participants is the decline in overall discretionary spending levels. The manufactures in the industry are focused to expand their product offerings and enhance their product portfolio even focused on improving online penetration, as this provides an opportunity to the players to access a wider consumer base at once within minimum costs.

Who is winning?

Leading manufacturers of anti-pollution skin care products are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of anti-pollution skin care products globally.

Major players present in the anti-pollution skin care products market are Procter & Gamble Co., Beiersdorf AG, Unilever PLC, Avon Products Inc., The Estee Lauder Companies Inc., L’Oreal S.A., Kao Corporation, Colgate-Palmolive Company, Avon Products, Inc., Shiseido Company, Amway, among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global anti-pollution skin care products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

The study divulges compelling insights on the anti-pollution skin care products market based on the product type (sun care products, moisturizers/ creams, facial masks, facial scrubs & toners, cleansers, and serums), end-user (male, female, and unisex), nature (conventional, natural/organic), sales channel (hypermarkets/ supermarkets, convenience stores, specialty stores, salon stores, online retailing, pharmaceutical & drug stores, and others) across seven major regions.

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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