Growing Demand for North America Organic Fertilizers in Agriculture Sector: A Market Overview

The market for organic fertilizers in North America is anticipated to reach a value of more than US$ 3.17 billion by 2031, with sales increasing at a positive CAGR of 6.3% between 2021 and 2031. In 2021, the target market’s worth rose to US$1.63 billion. The North America Organic Fertilizers Market is expected to rise over the course of the forecast period due to an increase in the adoption of various organic farming techniques in the United States and Canada.

The target market is expected to expand significantly during the forecasted period as a result of altering consumer preferences towards environmentally friendly products and the pervasive business trend towards sustainability. The use of organic fertilizers will probably rise quickly due to a number of severe laws set by regional governments and environmental regulatory organizations.

Moreover, the growing health concerns among consumers further spurs the demand of organic fertilizer in North America. Increasing awareness about the negative effects of synthetic chemicals used in pesticides, fertilizers, and insecticides is a major growth driver for the organic fertilizers market in this region. Additionally, surging demand for food and agriculture goods that have been cultivated with organic farming methods will increase at a comparatively much faster rate than conventional food and agriculture products. This will positively influence the target market.

Again, other factors like soil quality preservation, rising preference for organic fertilizers over synthetic ones, implementation of various environmental regulations, and various advantages associated with organic fertilizers further drive the growth of the North America organic fertilizers market during the forecast period.

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“A variety of benefits associated with organic fertilizers coupled with increasing adoption in agriculture will supplement the global growth of the North America organic fertilizers market over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • The high price and low nutritional content may stymie the market growth.
  • The U.S. organic fertilizers market will grow at a CAGR of 7.1% during the assessment period.
  • The organic fertilizer market in Canada will grow at a CAGR of 6.5% during 2021-2031.
  • By source, the animal source segment will contribute about 68% of the overall market revenue.
  • On the basis of application, the fruits and vegetables segment will register a growth rate of 7.1% during the forecast period.

Competitive Landscape 

Sustane Natural Fertilizer Inc, True Organic Products Inc., California Organic Fertilizers Inc.

Purely Organics LLC, Fertoz Limited, Fertilizers USA LLC, The Scotts Miracle-Gro Company, Sigma AgriScience, LLC, Bio Green USA, Inc., and American Plant Food Corporation among others are some of the major players in the North America organic fertilizers market profiled in the full version of the report.

Leading market players are concentrating on employing strategic partnerships with local as well as international distributors to strengthen their market position.

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More Insights into North America Organic Fertilizers Market Report

In its latest report, FMI offers an unbiased analysis of the global North America organic fertilizers market, providing historical data from 2016 to 2020 and forecast statistics for 2021 to 2031. To understand the global market potential, growth, and scope, the market is segmented on the basis of source type (plant source, animal source), application (cereals and crops, fruits and vegetables, lawns, turfs, and gardens), form (solid, liquid), and country (US, Canada).

According to the latest FMI reports, based on segmentation, the fruits and vegetables segment will contribute significantly to the overall market growth. This segment is expected to grow at a CAGR of 7.1% during 2021-2031. In terms of form, the solid segment is anticipated to generate high demand, growing at a CAGR of 6.7% during the forecast period.

Based on region, the organic fertilizers market in the United States will exhibit impressive growth during 2021-2031. The target market in this country will grow at a CAGR of 7.1%, becoming the most lucrative market for the product in North America. Rising awareness of harmful effects of chemical fertilizers fuels the growth of the target market in this country. Apart from the U.S., Canada will also present notable growth with a CAGR of 6.5% during the forecast period.

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Rising Demand for Polyimide Fibers: An Overview of the Market

The newest Future Market Insights (FMI) analysis predicts that between 2021 and 2031, the demand for polyimide fibers will grow at a 4.9% CAGR.

Sales in the market will be boosted by the growing usage of polyimide fibers in insulation, protective garments, and filter media. Polyimide fibers are likely to be used more frequently across a variety of industries because of their strong heat resistance and flame-retardant capabilities.

Numerous protective garments, including the outer shell of army suits, firefighter jackets, and industrial protective gear, are made with polyimide fibers. In light of this, FMI has determined that the application in protective apparel will account for the majority of market sales throughout the projected period.

Growth potential is being hampered, nevertheless, by the product’s limited availability and the manufacturing process’ complexity as a result of the concentration of technological expertise among a small number of participants.

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Key Takeaways from Polyimide Fibers Market Study

  • Global polyimide fibers market is expected to reach a valuation of US$ 486.6 Mn by the end of the forecast period, 2031.
  • Protective clothing will remain the dominant segment in terms of applications in the polyimide fiber market.
  • The U.S. will account for maximum polyimide fiber sales in North America.
  • The extraordinary growth in chemical industry of Asia Pacific is augmenting the sales of polyimide in the region.
  • China will emerge as one of the leading exporters of polyimide fibers. The China market is forecast to exhibit growth at 6.7% CAGR through the forecast period

 “Various governmental regulations imposed over emission control from vehicles, factories, and other sources are expected to increase the demand for materials used for filtration products such as polyimide fibers over the forecast period,” said an analyst at FMI.

Polyimide Fibers Market: Participant Insights

According to the Market Research analysis, Evonik Industries AG, Jiangsu Shino New Materials Technology Co., Ltd, Jiangsu Aoshen Hi Material Co. Ltd, Changchun Hipolyking Co., Ltd. and Ningbo Yide Fine Chemical Co., Ltd are identified as key players in the Polyimide Fibers market.

Among these companies Jiangsu Aoshen Hi Material Co., Ningbo Yide fine Chemical Co., Ltd, Evonik Industries AG, Changchun Hipolyking Co., Ltd., and Jiangsu Shino New Materials Technology Co., Ltd have emerged dominant. They are expected to account for maximum sales of polyimide through 2031.

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Polyimide Fibers Market by Category

By Application:

  • Filter Media
  • Protective Clothing
  • Insulation Material
  • Others

By End Use:

  • Construction
  • Power & Utilities
  • Chemical & Processing
  • Mining
  • Others

By Region:

  • North America
  • Latin America & Middle East & Africa (LAMEA)
  • Europe
  • Southeast Asia and Other APEJ
  • China
  • Japan

Want to Know More?

Future Market Insights has published a market research report on the Polyimide Fibers market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Polyimide Fibers market through three different segments-by Application, by End Use and by Region.

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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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Advanced Polymer Composites Market is Expected to Reach a Valuation of US$ 19.73 Billion by 2032

The global market for advanced polymer composites is anticipated to grow at an average annual rate of 5.9% during the forecast period, according to estimates by FMI. In 2022, the market is expected to be worth US$11.12 billion.

By 2032, it’s expected that the market for advanced polymer composites would be worth more than US$ 19.73 billion. The specialists at Future Market Insights have calculated a historical market valuation of US$ 10.5 billion for the base year.

According to an analysis by FMI, the market for advanced polymer composites is seeing a lot of research and development due to the increase in the manufacture of electronic cars. The biggest businesses are opening up advantageous opportunities.

Additionally, the government assistance that the automotive and aerospace sectors have received is anticipated to increase demand for composites. An US$ 8.2 billion rescue package for the country’s automobile industry in the base year was recently unveiled by the French government.

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In order to reduce the weight of vehicles, advanced polymer composite materials are being heavily used in the aerospace and automotive sector. It is also resulting in the attainment of fuel efficiency of the vehicles due to reduced weight.

Additionally, the corrosion-resistant properties of advanced polymer composites are keeping them in tandem with the end-use industry demands. They are further estimated to contribute to the market growth of the product during the forecast period.

However, high production cost and procurement of raw material is still a challenge, that is likely to pose threat to the market. Furthermore, the manufacturing process can take up a lot of time and is estimated to impede the growth of the market in the forthcoming years.

Key Takeaways from the Advanced Polymer Composites Market

  • The advanced polymer composites market is estimated to move forward at an average pace, recording a CAGR of 5.9% through 2032.
  • The carbon fiber composites segment by product type category is anticipated to accrue the largest market share during the period 2022-2032, advancing at an ACGR of 6.6%.
  • The auto parts segment is estimated to surpass a market valuation of US$ 3.4 Billion by the end of the projection period.
  • The advanced polymer composites market in Europe is anticipated to reach a market valuation of US$ 5.3 Billion by 2032.

“High performance, longevity, and cost-effectiveness of advanced polymer composites are likely to open up lucrative growth prospects for the manufacturers of these components.” – Says an FMI analyst.

Competitive Landscape in the Advanced Polymer Composites Market

The advanced polymer composites market is identified to be highly fragmented and the major players are focussed on deploying organic and inorganic growth strategies to compete in the market. The biggies are heavily investing in research and development activities to make advances in the properties of these polymers for their further application in automobiles and aircraft, easing the job and cutting down costs for the suppliers in the aforementioned industries.

SGL Carbon SE, Kemrock Industries and Exports Limited, Solvay S.A., and Mitsubishi Rayon Co. Ltd. are some of the companies gaining traction in the market.

Recent Developments

  • In July 2022, Arkema acquired Polimeros Especiales, a leading emulsion resin producer in Mexico. The planned acquisition will strengthen Arkema’s position in the fast-growing regional market.
  • In June 2020, Solvay and Leonardo signed a supply agreement for 5 years through which Solvay is estimated to supply a wide range of market-dealing materials for Aircraft, Aeronautics, Electronics divisions, and Helicopters of Leonardo.
  • In August 2019, BASF and Toray Advanced Composites signed a supply agreement for bringing an innovative tape technology that is intended for the automotive sector

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Key Segments in the Advanced Polymer Composites Market

By Product:

  • Resin
    • Epoxy resins
    • Phenolic resins
    • Polyester resins
    • Others (PE, PP, PVC, PA etc.)
  • Fiber
    • Carbon
    • Glass
    • Aramid
    • Others (boron fibers, ceramic fibers, etc.)
  • Others (fillers, additives, modifiers, etc.)

By Application:

  • Conductors
  • Autoparts
  • Tanks & pipes
  • Aviation parts
  • Boat building
  • Wind blades
  • Others

By Region:

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

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.

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Surging Demand for Wastewater Treatment Chemicals: An Overview of the Market

The global wastewater treatment chemicals market is currently valued at US$ 32.4 Billion and is anticipated to expand at a CAGR of 3.6% to reach US$ 46.15 Billion by 2032-end. Rising focus on wastewater treatment to limit environmental degradation to drive market growth.

The demand for wastewater treatment chemicals is primarily concentrated in municipal and industrial end-use due to the numerous uses of wastewater treatment chemicals in petrochemical, oil & gas, mining & metals, food & beverage, pharmaceuticals, semiconductors, thermoelectric power plants, and other industries for treating water for various purposes including manufacturing operations, cooling & heating systems, consumption, and many more.

Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water due to population growth are anticipated to drive the demand for wastewater treatment chemicals. North America and East Asia are expected to be leading consumers of wastewater treatment chemicals and are expected to continue their dominance through the assessment period.

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Key Takeaways from the Market Study

  • As of 2022, the wastewater treatment chemicals market was valued at US$ 32.4 Billion
  • From 2022 to 2032, the wastewater treatment chemicals industry is poised to grow at a 3.6% CAGR
  • By 2032, wastewater treatment chemicals are slated to reach a valuation of US$ 46.15 Billion
  • By product, the polyaluminum chloride (PAC) segment is expected to dominate the market.
  • China is poised to yield a CAGR of 2.5% with respect to wastewater treatment chemicals in 2032

“Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water to the rising population, are expected to radically transform the wastewater treatment chemicals market in the coming years,” comments an analyst at FMI.

Competitive Landscape

BASF SE, Nalco-Ecolab, Kurita Water Industries Ltd., Ion Exchange, Thermax, Carus Corporation, Hydrite Chemical, SNF Floerger, Cinetica Quimica , Suez Water & Process Technologies and Buckman are some of the key companies in the wastewater treatment chemicals market.

Companies operating in the market have been focusing on innovations. There is an immense focus on offering more efficient solutions depending upon evolving needs of end users. The global wastewater treatment chemicals market is considered fairly fragmented due to the presence of a numerous players. Besides this, collaborations have been a key strategy among market players as they aim at expanding regional footprint as well as their product portfolio.

Some of the recent development in the market are as follows-

  • In November 2022- Kurita Water Industries Ltd. and Fracta Leap Inc. announced the completion of the development and operational launch of a beta version*1of their application for automating the design of water treatment plant under their joint Meta-Aqua Project*2, which aims to achieve digital transformation (DX) in the water treatment industry.
  • In November 2022, Vision Invest and ADQ signed an agreement to acquire two hazardous industrial waste treatment plants of the Al Ruways complex from ADNOC Refining. With an annual capacity of nearly 70,000 tonnes, these plants currently treat most of ADNOC’s industrial hazardous waste.
  • In October 2022- Ecolab, Inc., and Siemens announced a strategic partnership that will help customers accelerate their progress toward sustainability and productivity goals. Together, the companies are launching Climate Intelligence, powered by ECOLAB3D™ and Siemens gPROMS, which is a new innovative solution that allows customers to virtually model different scenarios across their water and energy systems to identify opportunities to conserve water and power while also lowering their greenhouse gas emissions.

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More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of wastewater treatment chemicals market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the wastewater treatment chemicals Market Analysis Report by Product (Alum [aluminum sulfate], Polyaluminum Chloride [PAC], Aluminum Chlorohydrate [ACH], Sodium aluminate, Ferric chloride, Ferric sulfate, Ferrous sulfate, Ferrous chloride), By Application (Municipal Corporation [Sewage Treatment, Garbage Treatment], Industrial [Agrochemicals, Food & Beverage, Iron & Steel, Mining, Power Generation, Pulp & Paper, Oil & Gas, Pharmaceutical, Chemical]), By Region – Global Forecast 2022-2032

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.

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Competitive Landscape of Heterocyclic and Fluoro Organic Compounds Market: Strategies Adopted by Key Players

By the end of 2032, the market for heterocyclic and fluoro organic compounds is projected to be worth US$ 957.2 Mn. The agrochemical industry has seen a considerable increase in the demand for heterocyclic and fluoro organic compounds for the creation of environmentally friendly insecticides.

Certain demographic, macroeconomic, and innovation factors, including the booming pharmaceutical industry, increased research and development in the biotechnology sector, rising demand for organic products, rising need for environmentally friendly agrochemicals, and development of novel compounds for pharmaceutical industries, have had a significant impact on the market for heterocyclic and fluoro organic compounds.

The growing biological and medicinal significance of heterocyclic and fluoro organic compounds has significantly boosted growth in the global heterocyclic and fluoro organic compounds market during the forecast period.

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For instance, numerous pharmacologically active heterocyclic substances are employed in a wide variety of common illnesses as antimicrobials, herbicides, urinary antiseptics, and anti-inflammatory medications.  Some of the heterocycles also have antitumor, anti-HIV, antibiotic, anti-inflammatory, antimalarial, antimicrobial, antibacterial, antifungal, antiviral, antidepressant, and anti-diabetic properties.

Numerous n-heterocyclic compounds found in nature have pharmacological & physiological properties and are constituents of various biologically important molecules, including many pharmaceuticals, antibiotics, vitamins, nucleic acids, and agrochemicals, dyes among others.

The pharmaceutical sector is also expected to hold a major share in the global heterocyclic and fluoro organic compound market owing to rising production of medicines. Due to the increasing number of novel n-heterocyclic moieties with significant physiological and promising applications, nitrogen-based pharmaceuticals will see more upraise in terms of shares during the forecast period.

Key Takeaways:

  • By product type, the ethyl-3-(3-dimethylaminopropyl) carbodiimide segment is accounted for about 7% of the global heterocyclic and fluoro organic compounds market share in 2021.
  • By application, the pharmaceutical and agrochemical segments, together, generated a heterocyclic and fluoro organic compounds market share of more than 78% in 2021.
  • The India heterocyclic and fluoro organic compounds market is expected to account for nearly 15% of share in the next ten years.
  • The East Asia heterocyclic and fluoro organic compounds market is expected to create an absolute dollar opportunity of US$ 149.7 Mn during the forecast period.
  • The global heterocyclic and fluoro organic compounds market witnessed a CAGR of 6% during the historical period of 2017 and 2021.

“Significant expansion of various end-use industries such as pharmaceuticals, agrochemicals, and chemicals, as well as rising medicinal and biological significance of these compounds is set to lead to an increased demand for heterocyclic and fluoro organic compounds over the forecast period,” says a lead analyst at Future Market Insights.

Competitive Landscape

The global heterocyclic and fluoro organic compounds market is estimated to be consolidated in nature. Key players are focusing on expanding their production capacity to increase their market presence all over the globe, as well as to gain maximum share worldwide. In order to generate high demand, top players are also entering into long-term supply agreements with key end-use industries.

Tokyo Chemical Industry Co. Ltd., Biosynth Carbosynth, Central Glass Co., Ltd., Toronto Research Chemicals Inc., Glentham Life Sciences Limited, SynQuest Laboratories, Inc., SAGAR Life Sciences Private Limited, Manus Aktteva Biopharma LLP, SimSon Pharma Limited, Life Chem Pharma Pvt. Ltd., Sonal Plasrub Industries Pvt. Ltd, and Survival Technologies Ltd. among others are some of the leading manufacturers of heterocyclic and fluoro organic compounds.

For instance,

  • In June 2022, Biosynth Carbosynth acquired Pepscan, a provider of peptide-based products and services. This acquisition is aimed at forming a new peptide division to offer a wide range of products and services to the pharma & biotech, diagnostics and cosmetics industries, and their academic counterparts.

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Heterocyclic and Fluoro Organic Compounds Market Outlook by Category

By Product Type:

  • Ethyl – 3 -(3- Dimethylaminoprophyl) Carbodiimide
  • 2-Pyridyl Tribromomethyl Sulfone (Bsp)
  • 5-Bromo-2,4-Dichloro Pyrimidine
  • Cyclam (1,4,8,11 Tetraazacyclotetradecane)
  • 2,2,6,6-Tetramethylpiperidine N-Oxyl (Or Known As Tempo)
  • Trimethylsilyl Trifluoromethanesulfonate
  • Trifluoromethanesulfonicanhydride
  • Bromoacetonitrile
  • 4-Bromobenzene Sulfonyl Chloride
  • 5-Bromovaleric Acid
  • Alpha Tetralol

By Application:

  • Agrochemicals
  • Pharmaceuticals
  • Biotech
  • Paints and Coatings
  • Polymers
  • Electronics
  • X-Ray Films

More Insights into the Heterocyclic and fluoro organic compounds Market Report

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

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.

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Canada Eyeshadow Stick & Blush Stick Market is Supposed to Reach US$ ~245 Million in 2023

As per newly released data by Future Market Insights (FMI), the Canada eyeshadow stick & blush stick market is expected to be worth US$ ~245 million in 2023 and US$ ~389.4 million by 2033, growing at ~4.7% CAGR from 2023 to 2033.

The popularity of natural and organic components in the cosmetic sector has rapidly expanded along with the trend towards natural and organic household products. Natural products are gaining popularity among beauty experts as the emphasis on preserving healthy skin increases.

Beauty enthusiasts have changed as a result of this trend, which has a noticeable effect on the sales of cosmetics like blush and eyeshadow sticks. Key companies are concentrating on product development to meet the specific needs of knowledgeable beauty enthusiasts and beauty bloggers as consumer perceptions of natural beauty products change.

Informed beauty enthusiasts often opt for color cosmetics such as eyeshadows and blushes that are safe and provide a natural experience. Hence, rising prevalence of natural and organic products has fueled growth in the Canada eyeshadow stick & blush stick market.

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Key Takeaways from the Canada Eyeshadow Stick & Blush Stick Market Study

  • Eyeshadow stick is expected to hold prominent share of the Canada eyeshadow stick & blush stick market.
  • Key players are focusing on implementing eco-friendly and sustainable manufacturing processes in order to cater to the increasing demand for eyeshadow stick and blush stick.
  • In terms of sales channel, the online segment is estimated to grow at a CAGR of ~6.9% during the projection period.

“The use of cutting-edge technologies by beauty brands to facilitate safer cosmetic product trials is currently being emphasised more. During the forecast period, the market is anticipated to benefit from the use of virtual reality to encourage online purchasing.”, says an FMI Analyst.

Who is winning?

Manufacturers are concentrating on boosting their R&D expenditure for product innovation and manufacturing smaller, streamlined, and fashionable products.

Major players present in the U.S. BPC retail vending machine market are L’Oreal SA, Maybelline, Nyx Professional Makeup, Rimmel London, ELF Cosmetics, Revlon, Coty Inc., Chanel, Dior Beauty, M.A.C Cosmetics, Charlotte Tilbury, Sheiseido Company, Bobbi Brown, Yves Saint Laurent, and The Estee Lauder Companies Inc. among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Canada eyeshadow stick & blush stick market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on Canada eyeshadow stick & blush stick market by product type (eyeshadow stick & blush stick), sales channel (beauty salons, modern trade, departmental stores, specialty stores, online retailers, mono brand stores, and other sales channel).

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The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.

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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.

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Porcelain Tableware Market Size Would Surpass US$ 9,305.2 Million in 2023

In 2023, the porcelain tableware market would be worth more than US$ 9,305.2 million. By 2033, it would be worth US$ 19,178.3 million. The increase would occur at a 7.5% CAGR between 2023 and 2033. Porcelain tableware makes up 20% to 25% of the whole tableware market.

People are increasingly using various social media sites as they begin to utilize mobile phones. These social media platforms are also becoming entertainment and information exchange platforms.

Social media influencers are becoming immensely prominent. Several firms are cooperating with them to advertise and market their products.

Home décor experts and cuisine critics are indirectly influencing people’s interest in porcelain and ceramic dinnerware & kitchenware. Modern consumers are influenced by representations they see online and attempt to mimic them. These trends of reviewing and critiquing might aid market expansion.

Kids are always looking for something distinctive and modern with a cultural or traditional twist. Japanese, Chinese, Indian, and other cultural artworks have begun to appear on clothing and other items used in daily life.

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This passion has extended to appliances and kitchen objects. Dishes and tableware with such artistic designs are nowadays gaining popularity all over the world.

Key Takeaways from the Porcelain Tableware Market Study

  • In North America, the USA holds a key share of 2% in the porcelain tableware market.
  • During the projected period, the mugs & jars segment by product type would expand at a CAGR of 2% by the end of 2033.
  • By distribution channel, the hotel/restaurant/café (HORECA) category would flourish at a CAGR of 3% during the forecast period.
  • Based on price range, the mass segment would expand at a CAGR of 7% during the forecast period.
  • Germany porcelain tableware market would hold a share of around 2% in Europe by 2023.

“The market for porcelain tableware would experience substantial growth by 2033. A few factors driving sales are rising modular kitchen installations and home renovation projects. Together with increased household formation in emerging economies, the market would also expand.” – says a Future Market Insights analyst.

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Competitive Landscape: Porcelain Tableware Market

Leading porcelain tableware manufacturers are focused on aggressive promotional strategies, advertisements, and new product launches. These would driven sales of porcelain tableware.

A few key players operating in the porcelain tableware market are:

  • Villeroy and Boch AG
  • Bernardaud
  • Guangdong Songfa Ceramics Co., Ltd.
  • Noritake Co. Ltd
  • Fiskars Group
  • Degrenne
  • Staatliche Porzellan-Manufaktur Meissen GmbH
  • ROSENTHAL GMBH
  • Tognana Porcelain
  • Steelite International
  • ROYAL FERNWOOD PORCELAIN LTD
  • Dankotuwa Porcelain PLC
  • Lenox
  • Porvasal SA

Get More Valuable Insights into Porcelain Tableware Market

Future Market Insights, in its new offering, provides an unbiased analysis of the porcelain tableware market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the porcelain tableware market based on product type (plates, bowls & containers, cups & glasses, trays & clamshell, mugs & jars), price range (mass, premium), distribution channel (hotel/restaurant/café, residential/households), and 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.

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India Colored Gemstones Market is Estimated to Reach a Valuation of US$ 707.8 Million in 2023

The India colored gemstones market is on its way to a US$ 707.8 million in 2023. The market should accelerate further from 2023 to 2033 at a 10.5% CAGR. This should culminate in a market valuation of US$ 1,916.9 million in 2033.

Gemstones are popular in India for reasons other than aesthetics. A sizable portion of the country’s populace thinks that diamonds have heavenly power. For example, the ruby colored gemstone industry is expected to grow rapidly in the next years. This is because rubies are said to symbolize the Sun.

Gemstone treatment is a typical and inexpensive method for improving the clarity and color of gemstones. For example, the use of heat to enhance the look of diamonds is common. Excessive application, on the other hand, may cause gemstone deterioration. Fracture filling, oiling/waxing, and radiotherapy are among more expensive treatment options.

A gemstone’s worth is determined by factors like asteria, clarity, cut, and color zoning. Only emerald, sapphire, diamond, and ruby are considered to be precious gemstones. As a result, these are among the most expensive gemstones. To check for the authenticity of these gemstones, consumers should be on the lookout for the following characteristics:

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  • Hardness, which should range between 8 and 10 on the Mohs scale
  • Translucent appearance with fine colors (with the exception of colorless diamond)

Diamond, sapphire, ruby, and emerald are regarded as precious gemstones. These gemstones offer distinct qualities such as:

  • Translucent appearance along with fine colors (colorless diamond is a notable exception)
  • 8 to 10 Mohs scale hardness

Key Takeaways from the India Colored Gemstones Market Study

  • US$ 707.8 million valuation looks likely for the India market for colored gemstones.
  • Between 2023 and 2033, a positive 5% CAGR is set to accelerate the market.
  • In 2033, the market should attain a value surpassing US$ 1,916.9
  • From 2018 to 2022, the market registered expansion at a healthy 0% CAGR.
  • In 2022, the market was valued at US$ 644.1 million.
  • The ruby segment had a 2% share of the market in 2022.
  • The jewelry and ornaments segment had a 29% share in the market in 2022, and it is predicted to establish a 7% share in the coming years.

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“International players operating in the India market for colored gemstones are making the most of social media to make target audiences aware. Local players should follow in their footsteps and leverage the power of social media to make themselves more visible.” -Says an FMI analyst.

Who is Winning?

Prominent colored gemstones market companies in India are focusing on formulating and executing branding strategies. These companies are also being helped by the Government of India, which is trying to revitalize the country’s jewelry sector by reducing taxes and duties.

Leading players operating in the India market for colored gemstones are Gemfields Group Ltd., Anglo American PLC, Rockwell Diamonds Inc., Petra Diamonds Limited, PJSC ALROSA, Gem Diamonds Limited, Rio Tinto Diamonds, Swarovski Group, Fura Gems Inc., Botswana Diamonds P.L.C, Mountain Province Diamonds Inc., Dominion Diamon Corporation, Merlin Diamonds Limited, Trans Hex Group Ltd., Pala International Inc., KGK Group, Greenland Ruby, and MIF Gems Co Ltd.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the India colored gemstones market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the India colored gemstones market by stone type (emerald, ruby, and sapphire), product type (precious, semi- precious, synthetic stone), application (jewelry & ornaments, bangles, luxury art, astro), product format (natural, synthetic), by clarity (Type – I, Type – II, and Type – III), shape (round, oval, pear, cushion, square cushion, square, rectangle, triangle, freeform), and cut type (faceted style, non-faceted style) across four 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.

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Industrial Tourism Market is Projected to Reach at a US$ 1,663.6 Million in 2023 | FMI

According to Future Market Insights (FMI), in 2023, the industrial tourism market would be worth US$ 1,663.6 million. By 2033, it would reach US$ 18,739.3 billion. The surge would occur at a CAGR of 27.4% from 2023 to 2033.

As high disposable income group numbers are increasing, it is giving rise to more travelers. It is increasing industrial tourists worldwide. They are initiating travel plans to various industries which spark their interests.

Need for structural changes would grow when it comes to industrial infrastructure protection. It also includes development of manufacturing industries.

Eco efficiency and eco innovation of industrial resources is implemented. These would help to limit material and energy intensities.

These transformations would contribute toward rising productivity of natural resources. It would also bring down the pressure which is building on the ecological environment.

Establishment of sustainable factories is creating value and restoring energy resources. Increasing commitment of various industries toward environmental protection would boost demand.

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Industries are nowadays eliminating any medium which is causing carbon dioxide emissions. They are trying to reinvent themselves and bring energy use optimization in the market.

An integrated approach has to be implemented by key industries. It would help them to balance industrial transformation and development. They can keep sustainability into action.

Industrial policies, measures, and activities are contributing toward its establishment. Sustainable industrial development would bring future scope of evolution.

It would be showcased in organizational management, production techniques, and product designing. It is an approach that is driving the industrial tourism market. These practices will enhance utility of production resources sustainably for various industries.

The tourism industry is facing key concerns with scarce natural resources. Fragility of planet Earth and over-exhaustion of energy resources would also create awareness.

It is hence resulting into better production and low consumption. Industries are keeping in mind sustainability factors in industrial tourism development.

Key Takeaways from the Industrial Tourism Market

  • The global industrial tourism market showcased around -14.6% CAGR between 2018 and 2022.
  • By tour type, the professional group category would expand at a substantial CAGR of 8% during the forecast period.
  • Top 5 companies in the global industrial tourism market held over 30% to 35% of share in 2022.
  • Based on tourism type, the factory tours segment will exhibit a significant share by 2023.
  • Based on age group, the 16 to 25 years’ category would hold the lion’s share by 2033.

“Visits from businesses can help boost the economy and income of a country. It is advantageous to be connected to admission fees, souvenirs, or additional costs for lodging and meals,” says a lead analyst.

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Competitive Landscape: Industrial Tourism Market

Prominent firms are using unique tactics to gain a significant share in the highly competitive environment. They are planning to maintain internal control over every facet of their services and channel support. They are attempting to guarantee that clients get value for their money.

Direct service providers are partnering up with indirect suppliers. They are pacing their support channels. They are also trying to meet a variety of needs.

The industrial tourism sector would experience progressive growth. Partnerships and cooperation between suppliers across the industry would become more prevalent.

A few leading players in the Industrial Tourism Market are:

  • American Express Global Business Travel
  • World Travel Inc.
  • Ovation Travel Group
  • Omega World Travel
  • Priceline Group

Get More Valuable Insights into Industrial Tourism Market

Future Market Insights, in its new offering, provides an unbiased analysis of industrial tourism market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on industrial tourism by direct suppliers (airlines, hotel campaigns, car rental, trains, tour operators, government bodies), indirect suppliers (online travel agency, traditional travel agencies, travel management companies, corporate buyers, aggregators), number of bookings (age, demographic, nationality, tourism type, booking channel, tour type), and regions.

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About Travel & Tourism Division at Future Market Insights

The travel & tourism team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the travel & tourism industry, the team is happy to help with every business intelligence research and consulting requirement.

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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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Automotive Lead Acid Battery Market to Grow at a CAGR of 3.3% through 2031

The global automotive lead acid battery market is anticipated to project a steady growth rate by registering a CAGR of 3.3% throughout the forecast period from 2021 to 2031. According to Future Market Insights’ historical analysis, the global automotive lead acid battery market witnessed a staggering CAGR of 1.0% from 2016 to 2020.

Its ongoing use in the automotive industry is responsible for the market’s expansion during the present evaluation period. For starting, lighting, and ignition (SLI) in an automobile, these batteries are preferred.

In the upcoming years, it is anticipated that rising vehicle parc (road fleet) and passenger car and light commercial vehicle production will support market expansion. In cars, lead acid batteries are primarily used as SLI batteries. The market is being strongly impacted by rising auto output and rising vehicle parc. Compared to other batteries, lead acid batteries are more affordable and offer end consumers the best solution.

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The growing need for automotive lead acid batteries in passenger and light commercial vehicles is predicted to increase in the next years, according to an analysis by FMI. The majority of automotive lead batteries sold in a given year are for passenger vehicles. Additionally, in the upcoming years, a rise in demand for vehicle lead acid batteries featuring cutting-edge technologies is anticipated.

Compelling Market Trends

The worldwide automotive lead acid battery market is projected to benefit from the quick improvements in battery technology. There are many options available to customers, including flooded, improved flooded, and AGM batteries. Due to the growing number of vehicles on the road and the requirement to replace batteries on a regular basis, demand for lead acid batteries is rising and is expected to keep rising.

The ICE technology batteries are probably going to continue to hold around 97% of the global market share by technology throughout the assessment period. By the end of 2031, the segment is anticipated to control nearly all of the market, according to FMI. The technology enhances efficiency, lowers the quantity of scrap in the environment, and provides a clean, dependable, and affordable distributed storage solution.

Growth Drivers

The most popular type of automobile lead acid battery is known as a flooded lead acid battery. From 2021 to 2031, it is expected that this specific market will grow at a CAGR of more than 3%. More product options and details in the range of flooded lead acid batteries allow the customer more freedom to select the ideal engine for certain applications.

During the assessment period, major battery manufacturers are heavily investing on research and development (R&D) activities. A modern, high-performing, and corrosion-free automobile lead acid battery is what they are predicted to produce.

R&D operations lead to competitive price offerings, an improvement in consumer satisfaction with performance, and the utilisation of cutting-edge technologies. Collaborations and partnerships that boost research and development have assisted businesses in introducing cutting-edge items to the market.

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Restraints

The automotive lead acid battery market had faced various challenges from concerns pertaining to the gassing of the battery leading to safety problems and water loss from electrolytes. Manufacturers have either upgraded or are in process of upgrading their products to enhance the efficiency of lead-acid batteries. This will not only help mitigate key concerns among consumers but will also offer improved corrosion resistance, and extended battery life. Some of the leading manufacturers have already launched corrosion-free lead acid batteries and several others are likely to follow suit to keep pace with the dynamic market environment.

Competitive Landscape

Some of the major companies operating in the global automotive lead acid battery market are Clarios, GS Yuasa Corporation, Panasonic Corporation, Leoch International Technology Limited, Exide Industries Ltd., EnerSys Inc., East Penn Manufacturing Company, Exide Technologies Inc., CSB Battery Company Limited.

Key players operating in the market plan to acquire and collaborate strategically with regional distributors to meet the needs of an expanding consumer base. Suppliers of crate engines adopt acquisition and regional expansion strategies to establish a foothold in new and fast-growing markets.

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More Insights into the Automotive Lead Acid Battery Market

The North American market is anticipated to dominate the global automotive lead acid battery market over the projection period. The report has projected that the U.S. will remain one of the most lucrative markets owing to the increasing production of automobiles and increasing vehicle fleet.

Market Segmentation by Category

By Battery Type

  • Flooded
  • Enhanced Flooded
  • AGM

By Technology

  • ICE
  • Hybrid
  • Electric

By Vehicle Type

  • Passenger Car
  • LCV

By Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • 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:

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
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