Market Research Blog

According to the research of Future Market Insights, over the projected period, the Rice Bran Wax Market is expected to expand at a CAGR of 6.2%. The industry’s estimated value will increase from US$ 924.1 Million in 2023 to US$ 1,686.4 Million in 2033.

Rice Bran Wax is made from rice bran oil primarily by two processes: hydrogenation and deoiling of the crude wax oil. The rice bran wax is extremely hard and has a high melting point. Esters of higher fatty acids, higher alcohols, a tiny quantity of free fatty acids, and certain hydrocarbons are the main components of rice bran wax.

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Many different products employ rice bran wax because it improves the hardness, texture, and strength of the finished goods. It functions well as an oil gelling agent in low concentrations and is used as a binder, thickener, etc. Because of its emollient qualities, rice bran wax is utilised in cosmetic formulations. There are several applications for rice bran wax.

According to research by Future Market Insights, the Bakery Improvers market is anticipated to expand at a CAGR of 3.7% during the forecasted period. According to Forecasts, the market would be worth US$ 1,846.3 Million by 2033, up from US$ 1,283.9 Million in 2023.

Bakery improvers, bakery pre-mixes, and bakery concentrates are often used interchangeably in the baking industry. These bakery improvers are used for miscellaneous purposes including sustaining the quality and softness of the bread, soft and thin crust of pastry products, reducing the crispiness of crumbs, preserving and increasing shelf life, developing a fine-pored crumb, improving the color of baked goods, strengthening tolerance during manufacturing stages and largely enabling bakers to prepare good quality and a standardized baked product.

Bakery improvers are generally used at 10 % amount as calculated on flour. Apart from reducing the time taken by the bread to rise, bakery improvers also improve the volume and texture of the baked product, by using the enzymes such as amylase and protease on starch and gluten.

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Bakery improvers Market Segmentation:

The bakery improvers are broadly segmented by from and by product type. The availability of bakery improvers in variety of form is credited to the use of the different forms for different preparations and use at various stages of processing.  The segmentation by form include powders, liquid and others (granules and paste).

Each of the bakery improver added to the baked product offers a specific improvement and thus on the basis of product type the bakery improvers are segmented as stabilizer, emulsifier, thickening agents, oxidants, reducing-agent, enzymes, others (bean flour, malt, etc.)

Bakery improvers Market Regional Outlook:

Bakery product such as bread is the primarily consumed as a source of carbohydrates in most European countries and has also been a key source of whole grain in the Scandinavian countries. With a very high consumption in Turkey and Bulgaria the market for bakery improvers is also expected to grow parallel in these countries.

The growth rate for bakery improvers in bread in countries such as U.S, U.K. Canada, Germany, Italy, France, Brazil and China is not expected to grow intensely as bread is eaten in almost every household; however the bakery improvers are expected to witness a growth in packed baked products due to various new product introduction by packed food baking giants such as Mondelez International, Grupo Bimbo etc.

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In most parts of U.S., bread and baked goods are consumed as staple food and a very high consumption is recorded through food services and fast food restaurants. In developing countries such as India, this massive bakery industry is further expected to grow due to high urbanization and increasing number of youth opting for fast food service restaurants; this in turn is expected to grow the bakery improvers market during the forecast period.

Bakery improvers Market Drivers and Trends

A continues demand for greater variety of bread with ethnic breads getting more popular in the UK and more varieties of whole meal breads with oats, bran, seeds etc., arriving in the market. There is also a growing trend for increased production of sliced and wrapped bread of different varieties in many countries across Europe including Germany and France.

With most parts of Europe following a gluten free trend, egg free is emerging as a new key trend. Primarily driven by a rising vegan population in the UK, it is swiftly moving into the mainstream market. The rapid growth of egg free cake mixes require bakery improvers such as stabilizers and thickening agents, thus bakery improvers are expected to see an upsurge in the demand during the forecast period.

Bakery improvers Market Key Players:

Some of the key players participating in the global Bakery improvers market includes; Lesaffre & Cie, Puratos Group NV, Bakels Group, UNIFERM GmbH & Co. KG, Allied Mills, IPSA SPA., Megazyme Inc.,  among others.

Regional analysis includes

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

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Report Highlights:

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

About 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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Construction Aggregates Market valuation will top US$ 664.6 Billion, and it is expected to exhibit a healthy 6.8% CAGR between 2021 and 2031. As per a Future Market Insights (FMI) study, the increasing use of recycled construction aggregates, coupled with an investment towards infrastructural expansion in the Asia Pacific, Europe, and North America are shaping the construction aggregates demand outlook.

FMI has projected the demand to surge at an impressive 6.8% CAGR between 2021 and 2031 backed by the recovery of construction activities, especially in emerging economies. Increasing investments by the governments to support the development of residential and commercial projects will fuel market growth.

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Key Takeaways

• Fast-paced urbanization and the influx of population have provided an impetus to construction activities globally, subsequently causing construction aggregates sales to uptick.
• Population migration from rural to urban areas has compelled governments across various countries to offer incentives to residential construction, resulting in spurring sales in the construction aggregates market.
• Digital transformations in the construction industry introduced a new approach that has allowed key construction companies and the workforce to adopt a technology framework that will help them to meet the industry’s current challenges.
• The introduction of Building Information Modeling (BIM) is rapidly supporting digital transformation in the construction sector. BIM provides assistance with time management, cost planning, sustainability in raw material usage, waste reduction, and improved overall project performance.
• As per FMI’s analysis, the construction aggregation market in the U.S. will continue expanding at a steady pace owing to investments by governments toward the expansion of roadways and infrastructure.

Competitive Landscape

Heidelberg Cement AG, Martin Marietta Materials Inc, LSR Group, LafargeHolcim Ltd., Cemex SAB de CV ADR, Vulcan Materials Company, CRH plc, Adelaide Brighton Ltd., Eurocement Group, ROGERS GROUP INC. are some of the key companies profiled in the full version of the report.

As per FMI’s market survey, prominent players are focusing on production facility expansions and product innovations to develop sustainable construction aggregates. Along with product innovations, players are aiming at strategic partnerships with regional players to strengthen their geographical footprint in the market.

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Construction Aggregates Market by Category
By Product Type:

• Crushed Stone
• Sand
• Gravels

By Application Type:

• Commercial
• Residential
• Industrial
• Infrastructure

The US will dominate the construction aggregation market as per the FMI’s analysis. Owing to the investments by governments toward the expansion of roadways and infrastructure in the US, a steady pace in the construction aggregates market is visible.

The U.S. Department of Transportation has announced US$ 905.25 Mn in proposed rewards for FY 2021. These funds are allocated for the development of 24 projects in 18 states that come under the Infrastructure for Rebuilding America (INFRA) grant program.

Germany has emerged as a leading construction aggregates market in Europe. The presence of leading market players and expansion in infrastructure, particularly hotels, and resorts are anticipated to shape the growth outlook for the market in Germany.

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The construction aggregates market in China is anticipated to reach a market valuation of US$ 143.3 Bn in 2021, owing to increasing urbanization and industrialization in the country. Besides residential projects, infrastructural projects such as roadways, railways, and basic roads in rural areas are anticipated to generate demand for construction aggregates in China.

With rapid urbanization in the country, FMI projects a positive growth outlook for the construction aggregates market between 2021 and 2031. Expansion of the railway and roadways network in the country will propel sales of construction aggregates.

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Road Aggregates Market: The global road aggregates market is projected to have an average-paced CAGR of 6.8% during the forecast period. The current valuation of the market is US$ 367.70 billion in 2022.

Recycled Glass Aggregates Market: The recycled glass aggregates are produced with the use of waste materials such as plastics which can be used as building blocks, hence eliminating the need for disposal and plastic pollution across the globe.

About Future Market Insights, Inc.

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com
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Future Market Insights presents an analysis of the U.S. lime market in a new publication titled “Lime Market: U.S. Industry Analysis and Opportunity Assessment, 2016–2026.” The consumption of lime in the U.S. was pegged at 19,600 KT in 2015 and this is expected to increase to 27,074 KT by the end of 2026.

The U. S lime market is projected to represent an incremental opportunity of US$ 1,096.8 Mn during 2016 – 2026. In this report, Future Market Insights throws light on the various drivers and restraints likely to influence the market during the forecast period (2016 – 2026).

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Segmentation highlights

The U.S lime market is segmented based on Product Type into Quick Lime and Hydrated Lime; and based on Applications in Cement Manufacturing, Metal Manufacturing, Chemical (Water Treatment, Flue Gas, Others), Fertilizer, Pulp & Paper, and Others.

• The Quick Lime product type segment is expected to account for a market value share of 83.3% by 2016 end and is expected to gain 90 BPS over the forecast period
• The Hydrated Lime product type segment is projected to account for a market value share of 16.7% by the 2016 end and is estimated to be pegged at 2,967 KT in terms of volume by the 2016 end
• The Metal Manufacturing application segment is anticipated to account for a market value share of 32.8% by the 2016 end and is estimated to be pegged at 6,614 KT in terms of volume by the 2016 end
• The Chemical application segment is likely to account for a market value share of 33.3% by the 2016 end and is anticipated to be pegged at 6,724 KT in terms of volume by the 2016 end

Regional projections

The U.S. lime market is segmented into the key regions of the Northeast, Midwest, South, and Western. The Northeast U.S. lime market is estimated to account for a value share of 7.1% of the U.S. lime market by 2016 end.

Demand for lime in the Northeast U.S lime market is expected to be driven by water treatment plants. The Western U.S. lime market is estimated to account for a market value share of 16.7% by 2016 end, owing to increased production in the paper and pulp manufacturing industries.

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Vendor insights

The report profiles a few leading companies operating in the U.S lime market such as Mississippi Lime Company, Linwood Mining & Minerals Corporation, United States Lime & Minerals Inc., Lhoist, Valley Minerals LLC., CHENEY LIME & CEMENT COMPANY, Pete Lien & Sons Inc., CARMEUSE, and Graymont Limited.

Top market players are increasing their production facilities and introducing advanced technology and tools to cater to market demands, besides adopting strategies such as acquisitions and partnerships to expand geographically and increase market share.

Market Segmentation

By Product Type:

• Quick Lime
• Hydrated Lime

By Application:

• Cement Manufacturing
• Metal Manufacturing
• Chemical (Water Treatment, Flue Gas, Others)
• Fertilizer
• Pulp & Paper
• Others

By Region:

• Northeast
• Midwest
• South
• Western

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About the Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis of the chemicals & materials industry. Coverage of the chemicals and materials market extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology.

The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

About Future Market Insights, Inc.

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

Contact Us:

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

It includes in-depth insights into the animal feed nutrition market. Some of these are:

• The estimated value of the market was at USD 184.3 Bn in 2032. Through the course of the report’s forecast period, the market will exhibit a stable growth
• Regionally, North America emerged as a key market for animal feed nutrition
• Europe and Latin America will remain steady as key markets for animal feed nutrition
• In terms of ingredient, soybean meal is expected to holds the largest share in the market
• Key players are likely to focus on new microbial strains to improve immune function in animals to gain competitive edge in the market

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“North America is likely to emerge as a lucrative market for nutritional ingredients in animal feed. The presence of highly aware consumers, in addition to their high per-capita income, supports the expansion of the market in North America,” said a lead analyst at FMI.

Rising Demand for High-Quality Meat Creates Opportunities for Expansion

Farmers are perpetually under the pressure of meeting the rising demand for high-quality meat and other animal products. Besides this, rising awareness and better access to information has rendered consumers highly conscientious. As a result the demand for improved quality and sustainability is at all-time high. In addition to this, an increasing number of consumers are likely to supplement diets with additives such as enzymes, amino acids, vitamins, probiotics, and organic acids. This will in turn create demand for animal feed nutrition.

Who is Winning?

Some of the leading players operating in the animal feed nutrition market are BASF SE, Ingredion Inc., Barentz, Altech Corp. and others.

As a result of increasing competition, manufacturers in the animal feed nutrition market are looking to offer one-stop solutions to their consumers. This is mainly because a majority of these companies want to vertically integrate their business lines to offset competition. In general the market witnesses considerable competition, especially with Chinese companies fighting to secure higher share in the global market.Experts suggest that in order to gain competitive advantage, market players should focus on developing novel microbial strains and expanding their product portfolio.

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Get Valuable Insights into Animal Feed Nutrition Market

Future Market Insights, in its new report, presents an unbiased analysis of the global animal feed nutrition market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights into growth witnessed in the market. In terms of ingredient, the market can be segmented into wheat, corn, soybean meal and oats. Based on type, the market can be classified into minerals, amino acids, enzymes, vitamins, acidifiers, antibiotics, and antioxidants.

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Frequently Asked Questions

• How big is the nutritional ingredients in animal feed market?
• What is the anticipated market value of the nutritional ingredients in animal feed market by 2032 end?
• What is the nutritional ingredients in animal feed market outlook?
• Which region is expected to drive the demand for the nutritional ingredients in animal feed market?
• Who are the key players operating in the market?

About 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
For Sales Enquiries: sales@futuremarketinsights.com
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The global PP homopolymer market is projected to reach a value of US$ 98,431.4 Million by 2032, with the market growing at an average CAGR of 4.8% over the forecast period of 2022 to 2032. Growing from an estimated US$ 61,591.5 Million in 2022, the PP homopolymer market is driven by the heightened demand for the product from the packaging, textile, and electronic industries.

The extensive usage of PP homopolymer in the packaging industry along with the ever-expanding e-commerce will augment the sales of the product in the international product. In recent years, there’s been a notable rise in the adoption of PP homopolymers in construction, automotive, and electrical industries due to their high strength, enhanced chemical resistance, and weldability.

The growing need for high-end packaging in the retail sector is also contributing to the consumption of high-quality polymers which in turn propels the growth of the PP homopolymer market. Spearheading the market growth for PP homopolymer is flexible packaging for clothes, food, and other goods along with hard packaging for small to medium-sized storage used in FMCG products.

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Also, more and more consumers are buying goods from online businesses, boosting the market growth of e-commerce which in turn substantially improves the market prospects for PP homopolymer. In addition to all this, the target market also avails several profitable opportunities from the automotive sector.

Polypropylene homopolymer or PP homopolymer aids in weight reduction, cost reduction, and innovation concerning the design of interior and exterior products in automobiles. Polypropylene homopolymer is also corrosion and scratch resistant increasing the range of applications in the automobile sector. All these factors bode well for the future possibilities of the PP homopolymer market during this projected period.

“Rising adoption of PP homopolymer in the packaging and automobile industry is expected to bolster the market growth of the same over the forecast period,” says an FMI analyst.  

Key Takeaways:

• The growing retail and e-commerce industry will likely fortify market prospects.
• The PP homopolymer market in China is driven by immense demand from the packaging sector.
• The United States is predicted to acquire 13.7% of the global market shares.
• In terms of processing technology, injection molding is set to hold about 39.6% share of the market sales.
• The packaging industry accounts for 42.3% of the global market share.

Competitive Landscape 

LyondellBasell Industries N.V, Reliance Industries Limited., Braskem S.A, INEOS Group Ltd., ExxonMobil Corporation, Borealis AG, Total Petrochemicals USA Inc., Sasol Limited, IRPC Public Company Limited, National Petrochemical Industrial Company, Polyolefin Company, L.C.Y. Chemical Corporation and others are some of the major players in the PP homopolymer market that are profiled in the full version of the report.

Major market players are concentrating on adopting alternative distribution channels and on innovation within the value chain. These businesses are focused on sustainability and extending their manufacturing facilities to enhance their international market presence.

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PP Homopolymer Market by Category

By Processing Technology:

• Injection Moulding
• Film
• Other Extrusion
• Fiber
• Others

By End Use:

• Packaging
• Electrical & Electronics
• Textile
• Automotive
• Building & Construction
• Others

By Region:

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

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More Insights into PP Homopolymer Market Report

In its latest report, FMI offers an unbiased analysis of the global PP homopolymer market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on processing technology, end-use, and region.

According to the latest FMI reports, based on region, the PP homopolymer market in China is predicted to undergo significant growth over the forecast period. The country is expected to be one of the prime consumers of the product. The escalating demand from the packaging and the automobile industry is driving market growth in this region. Along with China, the U.S. PP homopolymer market is anticipated to exhibit impressive growth.

The country is expected to account for about 13.7% of the global market share during the forecast period, driven by the expanding food industry. Based on segmentation, by processing technology, the injection molding segment and the packaging industry, in terms of end-user, are expected to lead the market growth during the forecast period.

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Acetal Copolymers Market: The global acetal copolymers market is expected to register a CAGR of 7.9% and will garner a market value of US$ 1,242.77 million by the end of 2033. As of 2023, the market is expected to be valued at US$ 581 million.

Basic Methacrylate Copolymer Market: According to the latest study by Future Market Insights, the global basic methacrylate copolymer market is relishing a market valuation of US$ 6.14 billion in 2022 and is all set to expand with a CAGR of 11.7% during the 2022 to  2032 period.

About Future Market Insights, Inc.

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

Contact Us:

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

The worldwide sputter coatings market is anticipated to reach sixteen,106.0 metric tonnes through 2026 cease, up from 10,435. Zero metric tonnes in 2016, in phrases of volume. In this report, future market Insights analyses the factors and traits impacting the growth and performance of the global sputter coatings market.

The worldwide sputter coatings market is expected to grow with a moderate boom price of 4.0% to attain a valuation of us$ 4,803.3 Million by using the end of 2016. Future Market Insights promises key insights on the sputter coatings market in a new guide titled “Sputter Coatings market: worldwide enterprise evaluation and possibility assessment, 2016 – 2026”.

In line with future market Insights analysts, the call for flat panel displays in the manufacturing of smartphones, LED and OLED televisions, and other digital additives is anticipated to witness steady growth throughout the forecast duration. This in flip is expected to pressure increase within the intake of sputter coating targets for the duration of the forecast length.

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Growing utilization of renewable energy resources is growing the call for solar panels, which in flip is anticipated to pressure the global sputter coatings market boom over the forecast length. Stringent authorities regulations in North the USA and Europe regarding using Low-E glass in industrial in addition to residential buildings are predicted to boost the demand for steel and element sputter objectives.

Furthermore, to lessen the heating and cooling fee of vehicles, manufacturers are using Low-E glass, which in flip is anticipated to drive the global sputter coatings market boom over the forecast length. However, the low coating efficiency of sputtering technology along with the development of alternatives for sputter coatings are expected to hinder the growth of the global sputter coatings market over the forecast period.