Petroleum – fuel dyes and markers Market Size by Trends, Share, Growth, Company Profiles – Johnson Matthey, The Dow Chemical Company, BASF SE, SGS SA, Innospec

Future Market Insights has conducted an in-depth study of the petroleum – fuel dyes and markers market in its recent report titled ‘Petroleum – Fuel Dyes and Markers Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’. The market is on track to witness a moderate CAGR of 4.4% from 2017 to 2027.

Product Type – Azo Dyes Important for Tracing and Dyeing

The azo dyes segment accounts for more than 60% market share in the petroleum – fuel dyes and markers market by product type and is expected to gain substantial share over the forecast period. Azo dyes are popular because their red colour is quite useful in dyeing and tracing. Azo dyes are poised to gain a massive 220 BPS over the course of the study and this is largely at the expense of all other product types in the petroleum – fuel dyes and markers market.

Fuel Type – Diesel Consumed Most in Petroleum – Fuel Dyes and Markers Market

Diesel fuel imbibes the maximum amount of markers and dyes as consumables explaining its prominence in the petroleum – fuel dyes and markers market. The markers and fuel dyes used in diesel are anticipated to grow at 4% p.a. over the ten-year study period. Diesel is projected to create an incremental dollar opportunity of more than US$ 360 million between 2017 and 2027.

Technology – Solvent Soluble Dyes Gush Past Water Soluble Dyes

Solvent soluble dyes dominate the petroleum – fuel dyes and markers market in terms of technology and are unlikely to cede this commanding position anytime soon. The solvent soluble dye segment is estimated to have a value of more than US$ 1.3 billion by the end of 2027. Solvent soluble dyes have a higher growth rate primarily because of their solubility in either organic solvents or hydrocarbons. Ongoing R&D and product development should further benefit solvent soluble dyes in the petroleum – fuel dyes and markers market.

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Physical Form – Liquid Dyes and Markers Preferred over Powder Fuel Dyes and Markers

Liquid fuel dyes and markers are predicted to register substantial growth and their market attractiveness index is nearly twice that of powder dyes and markers in the petroleum – fuel dyes and markers market. Liquid fuel dyes and markers assist in fuel miscibility considerably whereas powder based fuels and dyes are premixed to enhance fuel solubility. In addition, the handling, safety, and health issues linked to powder-based dyes and markers make them a distant second to liquid dyes and markers in the petroleum – fuel dyes and markers market.

Colour – Key Players Paint with Red in the Petroleum – Fuel Dyes and Markers Market

Red dyes and markers are prominent in the petroleum – fuel dyes and markers market and should barrel past 126,000 tonnes by volume in 2027. The consumption of red dyes and markers is intricately connected to gasoline and diesel segments as these two have a higher demand than other fuel types. Kerosene may offer some scope for red dyes in the future and use of red dyes and markers is governed by U.S rules and regulations.

End Use – Refineries Hold the Key in the Petroleum – Fuel Dyes and Markers Market

The refinery segment has the highest market attractiveness in the petroleum – fuel dyes and markers market and an incremental dollar opportunity of just under US$ 350 million for the period from 2017 to 2027 is waiting to be tapped.

Competition Dashboard in the Petroleum – Fuel Dyes and Markers Market

The companies profiled in the petroleum – fuel dyes and markers market report are Johnson Matthey, The Dow Chemical Company, BASF SE, SGS SA, Innospec, Marquard & Bahls, Pylam Products Company, John Hogg Technical Solutions, SBZ Corporation, United Color Manufacturing, Spectronics Corporation, Mid Continental Chemical, Organic Dyes and Pigments, Orient Chemical, American Gas & Chemical Co., Authentix, AXI International, Axyntis Group, Rodanco, and Sunbelt Corporation.

Key Insights on the Petroleum – Fuel Dyes and Markers Market

There is a lucrative opportunity with regards to regulations of checking taxed and untaxed diesel fuel worldwide. Some nations use fuel dyes to shade untaxed diesel fuel and vehicles are occasionally inspected for untaxed fuel usage. The use of diesel mandates the use of different dye colours for differentiation. This is sometimes joined with a framework where some vehicles are exempted from tax duties and they are allowed to purchase un-coloured diesel fuel. Thus, there is limitless potential for the petroleum – fuel dyes and markers market in this sector.

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Petroleum – Fuel Dyes and Markers Market: Taxonomy

Physical Type

  • Powder
  • Liquid

Technology

  • Water Soluble
  • Solvent Soluble

End Use

  • Refineries
  • Commercial
  • Institutional

Fuel Type

  • Gasoline
  • Diesel
  • Aviation Fuel
  • Fuel Oils
  • Lubricants & Greases
  • Other Distillates

Product Type

  • Azo Dyes
  • Anthraquinone Dyes
  • Ethyl Dyes
  • Fluorescent Dyes
  • Others

Colour

  • Red
  • Blue
  • Green
  • Yellow
  • Orange
  • Region

North America

  • APEJ
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa
  • Japan

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Market Overview

3.1. Market View Point

3.2. Macro-Economic Factors

3.3. Opportunity Analysis

4. Global Petroleum – Fuel Dyes and Markers Market Analysis 2012–2016 and Forecast 2017–2027

To be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Graphite Market to witness a considerable CAGR of 6.5% during the period between 2022 and 2032

Future Market Insights delivers key insights on the global graphite market in an updated version of the report and provides historical market size and volume analysis for the years and forecast up to 2022–2032. Considering the impact of macro-economic factors, relatively lack-lustre growth in certain key graphite consuming countries, and steel production, among others, the graphite market was valued at US$ 15,763 Mn in 2016, as against a market value of US$ 16,128 Mn estimated in the previous version of the report.

Attributes Key Statistics
Global Graphite Market Estimated Size (2022E) US$ 23,097.7 Mn
Projected Market Valuation (2032F) US$ 43,357.6 Mn
Value-based CAGR (2022-2032) 6.5%
Collective Value Share: Top 3 Countries (2022E) 38.6%

The long-term outlook on the global graphite market remains positive, with market value expected to increase at a CAGR of 6.7% during the forecast period 2017– 2027. Among product types, Natural and Synthetic graphite are expected to expand at a significant CAGR in terms of value over the forecast period. Among applications, the refractories market continues to be the major application area for graphite.

However, increasing demand for electric vehicles globally is anticipated to boost the demand for graphite in future. Sales of graphite is estimated to be valued at US$ 16,740 Mn by the end of 2017. Asia Pacific is estimated to account for a value share of 35.8% in the global graphite market by 2017 end and it is anticipated to retain its dominance throughout the forecast period.

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Global Graphite Market: Segmentation Analysis

  • On the basis of product type, synthetic graphite is expected to dominate the overall graphite market owing to its vast application across key end-use industries. Furthermore, demand for natural graphite is also increasing owing to its increasing adoption in applications such as batteries. Natural graphite segment accounted for 43.3% of the overall volume share in 2016.
  • On the basis of application, the refractories segment is expected to dominate the global graphite market over the forecast period. The segment is anticipated to hold 42.7% of the overall volume share by 2027. The batteries segment is anticipated to be the most attractive segment in the global graphite market with a CAGR of 10.9% over the forecast period.

Global Graphite Market: Regional Analysis

Asia Pacific is expected to dominate the global graphite market throughout the forecast period. The region is anticipated to grow at a CAGR of 8.0% owing to a high demand for graphite related products in the region. Furthermore, increasing demand for electric vehicles, especially in China adds up to the overall high demand for graphite in the Asia Pacific region. North America and Western Europe also account for a significant revenue share owing to a high demand for graphite in automotive applications. Latin America has also shown increasing demand over the past few years. Middle East and Africa is anticipated to show steady growth over the forecast period.

Global Graphite Market: Vendor Insights

Some of the key players reported in the study of the global graphite market include AMG Advanced Metallurgical Group N.V., Showa Denko K.K., Toyo Tanso Co., Ltd., SGL Carbon SE, Tokai Carbon Co., Ltd, Graphite India Limited, Nippon Carbon Co., Ltd., HEG Limited, SEC Carbon, Limited, Imerys S.A., GrafTech International Ltd., Mersen Group. Fangda Carbon New Material Co., Ltd., Dongguan Kaijin New Energy Technology Co., Ltd., Pingdingshan Oriental Carbon Co., Ltd.

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Market Segmentation

Product Type

  • Natural Graphite
    • Flake
    • Amorphous
    • Vein
  • Synthetic Graphite
    • Graphite Electrode
    • Carbon Fibre
    • Graphite Blocks
    • Graphite Powder
    • Others

Application

  • Refractories
  • Lubricants & Crucible
  • Foundry facing
  • Batteries
  • Others

Region

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

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Market Viewpoint

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

4. Global Graphite Market Analysis and Forecast 2022–2032

4.1. Introduction

4.1.1. Market Volume Projections

4.1.2. Market Size and Y-o-Y Growth

4.1.3. Absolute $ Opportunity

4.2. Global Supply Demand Scenario

4.3. Detergent Alcohols Market Value Chain Analysis

5. Forecast Factors: Relevance and Impact

6. Global Graphite Market Analysis and Forecast 2022–2032, By Product Type

to be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/graphite-market
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Corrosion Protection Rubber Linings and Coatings Market Inclination from Solvent-borne Technology to Water-borne Technology

The global corrosion protection rubber linings and coatings market is estimated to account for nearly US$ 12,000 Mn revenues by 2022-end. According to a latest research by Future Market Insights (FMI), the global market for corrosion protection rubber linings and coatings will register a healthy expansion during the forecast period (2017-2022).

Manufacturers focusing on Development of Highly-volatile Deterioration-resistant Materials

Shifting end-user preferences from solvent-borne solutions to water-borne solutions is a key trend being observed in the market currently. Manufacturers of corrosion protection products are increasingly focusing on safeguarding various end-use sector’s operational performance. These manufacturers are also taking steps to cater the imperative need of preventing exterior corrosion of industrial surfaces. In addition, the focus on development of highly-volatile deterioration-resistant materials is increasing on the back of growing inclination towards technologically-advanced corrosion coating.

Industrial Facilities built from Carbon Steel at High Risk of Corrosion

Global leading manufacturers of corrosion protection rubber linings and coatings are making heavy investments in research and development activities, in a bid to develop new techniques for complete prevention of corrosion. Various industrial facilities, ranging from processing equipment, water treatment plants, oil & natural gas tank farms, to pipelines, are at huge risk of corrosion, especially the ones whose structures are made of carbon steel. This is mainly because carbon steel is highly prone to corrosion, which has resulted into production downtime, and repair & replacement activities.

Several proactive industries are therefore moving beyond traditional techniques that are only capable of slowing down the corrosion. The industries are further shifting towards adoption of novel techniques, which enable complete prevention from corrosion, thereby minimising cost, and production downtime needed to replace, repair, or recoat the corroded equipment or material. According to World Corrosion Organisation, over 3% of world’s GDP is spent on corrosion-related activities across the globe annually.

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Solvent-borne Form Type Segment to Account for over 40% Revenue Share of the Market

Projected to account for over 40% revenue share of the market during 2017 to 2022, solvent-borne segment by form type is expected to remain dominant in the global corrosion protection rubber linings and coatings market. In addition, water-borne segment is expected to witness a relatively faster expansion in sales through 2022. As solvents comprise of harmful chemicals, end-users are now preferring water-borne solutions over solvent-borne for corrosion protection.

Asia-Pacific Excluding Japan (APEJ) and North America will remain the largest markets for corrosion protection rubber linings and coatings. The markets in Japan, and Middle East & Africa (MEA) are also expected to witness a healthy expansion through 2022. In addition, the market in Europe is estimated to create an absolute $ opportunity of roughly US$ 560 Mn between 2017 and 2022.

Hard Rubber Lining Systems will Remain Preferred in the Market

Hard rubber lining systems are expected to remain preferred among products, with sales projected to account for nearly two-third revenue share of the market during 2017 to 2022. However, soft rubber lining systems’ sales are anticipated to reflect a comparatively higher CAGR than that of hard rubber lining systems through 2022.

Sales of corrosion protection rubber linings and coatings in marine, and construction end-use sectors are expected to collectively account for over one-third revenue share of the market in 2017. These end-use sectors will witness a rise in their market share through 2022. In addition, oil & gas is expected to remain the fastest growing end-use sector in the market, with sales poised to account for nearly US$ 2,000 Mn in revenues by 2022-end.

Key market players included in FMI’s report include

  • The Sherwin Williams Company
  • STEULER – KCH GmbH
  • PPG Industries, Inc.
  • Polycorp Limited
  • Koch Knight LLC
  • Jotun A/S
  • BASF SE
  • Axalta Coating Systems
  • Ashland Global Holdings, Inc.
  • Akzo Nobel NV.

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Market Taxonomy

The report delivers a segmentation-wise forecast and analysis of the global corrosion protection rubber linings and coatings market. Each segment of the market is analysed discretely, with the provision of country-wise forecast and cross-sectional data. The market has been categorised on the basis of form type, product type, end-use, and region.

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type

  • Hard Rubber Lining Systems
  • Soft Rubber Lining Systems

End Use

  • Marine
  • Oil and Gas
  • Power Generation
  • Construction
  • Automotive
  • Transportation
  • Chemicals
  • Mining & Metallurgy
  • Others

Form Type

  • Solvent-borne
  • Waterborne
  • Powder-based

Table of Content

1. Global Corrosion Protection Rubber Linings and Coatings Market – Executive Summary

2. Global Corrosion Protection Rubber Linings and Coatings Market Overview

2.1. Introduction

2.1.1. Global Corrosion Protection Rubber Linings and Coatings Market Taxonomy

2.1.2. Global Corrosion Protection Rubber Linings and Coatings Market Definition

2.2. Global Corrosion Protection Rubber Linings and Coatings Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Corrosion Protection Rubber Linings and Coatings Market Y-o-Y Growth

2.3. Global Corrosion Protection Rubber Linings and Coatings Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. Supplier List

2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Corrosion Protection Rubber Linings and Coatings Market Analysis and Forecast By Product Type 

To be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/corrosion-protection-rubber-linings-and-coatings-market
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Friction Modifier Additives Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

According to the report, the MoDTC inorganic product type segment is expected to dominate the market accounting for over 45% share in overall market value by 2027 end, thereby registering a CAGR of 4.2% during the forecast period (2017 – 2027).

The estimated value of the global Friction Modifier Additives Market in 2017 is US$ 1,278.9 Mn and is expected to expand at a CAGR of 4.0% in order to reach US$ 1,888.3 Mn by the end of 2027. Future Market Insights’ newly published market report, “Friction Modifier Additives Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,” examines the Friction Modifier Additives Market and provides a revised forecast of the global market for the 10 year period 2017 – 2027.

Global Friction Modifier Additives Market: Dynamics   

The global Friction Modifier Additives Market is estimated to be driven by rising Organic friction modifier (OFMs) additives as they are mostly preferred for the lubrication of automotive engines. OFMs and zinc dialkyldithiophosphates (ZDDPs) anti wear additives react competitively on rubbing ferrous substrates in a tribological contact. By carefully understanding the chemistry of OFMs, formulators of additives can achieve application specific lubricants that form ZDDP anti wear films of optimum thickness and friction, thereby delivering end users required optimised lubricity, durability and environmental acceptability of the formulation, thereby paving the way of growth of the Friction Modifier Additives Market.

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Global Friction Modifier Additives Market: Forecast

On the basis of inorganic segment, the MoDTC segment is anticipated to play a crucial role in building market revenue. The MoDTC segment is estimated to lead the overall Friction Modifier Additives Market accounting for an estimated share of almost 46% in the global Friction Modifier Additives Market value in 2017, by Inorganic Product type. The segment is expected to register a CAGR of 3.8% within the forecast period. Also, Automotive Lubricants segment by application is expected to witness rising growth in revenue during the forecast period. As per the forecast this segment is slated to account for more than 45% share in overall market value by the end of the forecast period. This is largely due to a growing use of vehicles.

On the basis of region, Asia Pacific excluding Japan (APEJ) is anticipated to dominate the global Friction Modifier Additives Market throughout the forecast period. This regional market is expected to expand at a CAGR of 3.9% during the forecast period. The market in the Western Europe region is anticipated to register a CAGR of 4.4% during forecast period. These two regions are expected to register relatively faster growth during the period of assessment.

Global Friction Modifier Additives Market: Competitive Landscape

Some of the players reported in this study on the global Friction Modifier Additives Market are BRB International, Kings Industries Inc, Croda International, BASF SE, CSW Industrials, Chevron Corp, The Lubrizol Company, Dorf ketal, DOG Chemie, Afton Chemicals, LANXESS  among others. Industry players, over the recent past, have been channelising efforts towards innovative product development. Moreover, expansion and acquisitions strategies adopted by Friction Modifiers Additives manufacturers to improve sales & distribution network and enhance their operational efficiencies are expected to continue over the forecast period.

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Market Segmentation

Product Type

  • Organic
    • Polymer
    • Fatty Acids
    • Esters & Amides
  • Inorganic
    • MoDTC
    • MoS2
  • Graphite

Application

  • Automotive Lubricants
  • Industrial Lubricants
  • Aviation Lubricants
  • Rail Lubricants
  • Power Generation Lubricants

Region

  • North America
  • Asia Pacific Excl. Japan (APEJ)
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa (MEA)
  • Japan

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Market Overview

3.1. Market View Point

3.2. Macro-Economic Factors

3.3. Opportunity Analysis

4. Global Friction Modifier Additives Market Analysis 2012–2016 and Forecast 2017–2027

4.1. Market Volume Projections

4.2. Market Size and Y-o-Y Growth

4.3. Absolute $ Opportunity

4.4. Key Regulations

4.5. Product – Pricing Analysis

4.6. Value Chain

5. Forecast Factors: Relevance and Impact

6. Global Friction Modifier Additives Market Analysis 2012–2016 and Forecast 2017–2027 By Product Type

to be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/friction-modifier-additives-market
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Dwindling Demand for Polymer Coated Fabrics made of Woven Textile Materials, Competition Analysis – BASF SE, Akzo Nobel NV, Saint-Gobain, PPG Industries

Marketplace length estimations supplied in this record are inferred through analysing historical data aggregated from multiple entities of the worldwide polymer covered fabrics market. Future Market Insights gives an one-of-a-kind marketplace take a look at on Polymer Coated Fabrics, titled “Polymer Coated Fabrics market: Global Industry Analysis and Opportunity Assessment” The look at grants an in-intensity analysis on the global marketplace for polymer covered fabrics, supplying market size estimations for the five-year forecast length.

Attribute Details
Estimated Market Size of Polymer Coated Fabrics Market in 2021 US$ 19 Bn
Projected Market Size of Polymer Coated Fabrics Market in 2022 US$ 20 Bn
y-o-y in 2022 5%

The report profiles leading manufacturers of polymer coated fabric to offer an outline on the market’s competitive landscape. 3M Company, BASF SE, Saint-Gobain, Akzo Nobel NV, PPG Industries, Inc., E I du Pont de Nemours and Company, The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., The Valspar Corp, and Bayer AG are key companies anticipated to remain active in the expansion of global polymer coated fabric market through 2022.

Our analysts have comprehensively investigated the nature of this market, and studied the distinguishing marketplace techniques employed by using key marketplace members. That allows you to decode the causative factors associated with changing panorama of polymer covered cloth market, the document gives an analysis of new industry developments, emerging opportunities, increase restraints, and economic drivers. Qualitative research findings have been infused with quantitative statistics to provide an insightful analysis on the future of world Polymer Coated Fabrics marketplace.

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Report Synopsis

With an executive summary, the report introduces the market through a précis of key research findings, particularly on regional markets. The report offers an overview of the global polymer coated fabric market by delivering a formal introduction to the market, defining the targeted product – polymer coated fabric, and illustrating a snapshot of global market value forecast across metrics such as CAGRs and Y-o-Y growth rates.

The report includes distinctive chapters on market dynamics, supply chain breakdown, cost structure & pricing analysis, classification of raw material sourcing strategies, and an intensity map that offers the presence of key market players across all regions. Key sections in the report offer segmented analysis of the market, forecasting the growth of polymer coated fabric market on the basis of product-types, textile material-type, application and region. Chapters offering regional analysis of the global polymer coated fabric market also provide cross-sectional data and country-specific forecast & analysis.

The report concludes by offering a detailed outline on the competitive backdrop of global polymer coated fabric market. Key manufacturers of polymer coated fabrics are profiled in this section, which also provides information on their latest developments and current market standings. The report also facilitates a comparative study on how competitors are adopting different strategies and approaches to increase their overall profits and boost their presence in the global market for polymer coated fabrics.

Research Methodology

Future Market Insights engages in robust research methodologies while compiling its market studies. In this report, which offers analytical forecast on global polymer coated fabric market, our analysts have adopted extensive research through primary and secondary sources. For estimating the size of global polymer coated fabric market, quantitative data has been procured by directly contacting designated company representatives, or obtaining figures from authoritative databases.

For catering to the universal understanding, this aggregated data has been quantified into US dollars (US$), wherein regional market values are converted by employing current exchange rates. Metrics used to translate figures into growth projections include absolute dollar opportunities, revenue share ratios (in percentages), CAGRs, Basis Points (BPS) index, and annual growth rates. The scope of the report is to enable market participants devise long-term business goals by inferring to these research findings. Prominent companies as well as market entrants can benefit by availing this report and assessing our analytical forecast as a yardstick for perceiving future market direction.

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Market Taxonomy

A concise summary of the global polymer coated fabric market taxonomy is exhibited in the table below.

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type

  • Vinyl Coated Fabrics
  • PU Coated Fabrics
  • PE Coated Fabrics
  • Others (acrylic, nylon 6, nylon 6-6, PA, PC, PEEK, PBT, and PET)

Textile Material Type

  • Knitted
  • Woven
  • Non-Woven

Application

  • Transportation
  • Protective Clothing
  • Industrial
  • Roofing, Awnings & Canopies
  • Furniture & Seating
  • Others (Agriculture, Geotextiles, Medical, Sports & Leisure, And Packaging)

Table of Content

1. Global Polymer Coated Fabrics Market – Executive Summary

2. Global Polymer Coated Fabrics Market Overview

3. Global Polymer Coated Fabrics Market Analysis and Forecast By Product Type

4. Global Polymer Coated Fabrics Market Analysis and Forecast By Textile Material Type

5. Global Polymer Coated Fabrics Market Analysis and Forecast By Application

6. Global Polymer Coated Fabrics Market Analysis and Forecast By Region

7. North America  Polymer Coated Fabrics Market Analysis and Forecast, By Country, 2012-2022

To be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/polymer-coated-fabrics-market
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Paint Additives Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI

A latest research by Future Market Insights (FMI) projects the global market for paint additives to exhibit a moderate 4.8% CAGR during the forecast period 2017 to 2022. The global market for paint additives is highly fragmented, with presence of several regional and international players. Revenues from the global paint additives market will reach nearly US$ 9,000 Mn by 2022-end. A number of domestic vendors have been observed to enter the market, influenced by rapid growth in urbanisation and industrialization in emerging economies. These vendors are competing on the basis of innovation, product quality, price, operation cost, and economies of scale for strengthening their position in the market.

Vendors of Paint Additives are Focusing on Product Differentiation & Innovation to Maintain their Market Presence

Huge investments are being made by vendors of insulating paint additives in research & development activities, with an aim of reducing the cost associated with manufacturing and operation. Vendors are also concentrating on product extensions and new technologies, to develop highly efficient products with enhanced properties. Innovation and product differentiation are primarily adopted strategies by vendors in the market to maintain their presence in the market. These factors might influence expansion of paint additives market across the globe. In addition, rapid economic expansion in developing countries has led toward a rise in industrial activities and architectural construction. This has further fuelled adoption of paints, thereby creating huge demand for paint additives.

Although environmental regulations have kept expansion of the paint industry in check, manufacturers of paints are endlessly stressing on reformulating their products, which in turn is driving demand for novel additives. Surging demand for multifunctional additives is another major factor favouring growth of the global paint additives market. Utilised in paint formulations, multifunctional additives offer performance level similar to that of individual additives. Multifunctional additives reduce the cost, and simplify the formulating process, and help aqueous solutions to perform well and remain compliant with safety standards.

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Architectural Sector to Remain Dominant End-users of Paint Additives

Architectural sector is the major end-user of paint additives and will continue to dominate the market, in terms of revenues. Rising construction of residential and commercial buildings, especially in emerging regions, will drive demand for paint additives, as they improve corrosion resistance, abrasion resistance, thermal stability, and water resistance. Growing urbanization, improving living standards of population worldwide, and growth in construction activities are factors fuelling adoption of paint additive in the architectural end-use industry.

Sales of paint additives will witness the fastest expansion in anti-foaming, and biocides impact modification applications. In addition, sales of paint additives for application in wetting & dispersion, and rheology modification are expected to register a parallel expansion through 2022. Wetting & dispersion is expected to remain the least lucrative application of paint additives over the forecast period.

By formulation type, although solvent-based paint additives are poised to remain preferred in the market, demand for water-based paint additives will gain significant traction among end-users in the near future. Demand for solvent-based paint additives is expected to witness a fall, owing to rising environmental regulations, which in turn is driving adoption of water-based paint additives. However, revenue share of solvent-based paint additives in the market will remain relatively larger during 2017 to 2022.

Acrylics to Remain Sought-after among Products in the Market

Acrylics are expected to remain sought-after among products in the global paint additives market, followed by fluoropolymers. Sales of fluoropolymers and acrylics are expected to exhibit similar CAGRs in the market through 2022. In addition, sales of acrylics is expected to account for nearly US$ 2,500 Mn revenues by 2022-end.

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Europe is expected to remain the largest market for paint additives, in terms of revenues. The paint additives market in Asia-Pacific excluding Japan (APEJ) is expected to create an absolute $ opportunity of nearly US$ 400 Mn between 2017 and 2022. The market in Japan is projected to register a relative faster expansion than all remaining regional segments included in the report.

FMI’s report has listed key leading companies manufacturing paint additives, which include Daikin Industries, Ltd., Lonza Group AG, Arch Chemicals, Evonik Industries AG, Dow Chemical, Asahi Glass Co., Ltd., BYK-Chemie GmbH, BASF SE, Ashland Global Holdings, Inc., Arkema SA, and Akzo Nobel NV.

Market Taxonomy

The report considers key market segments that are portrayed with a taxonomy table. The global paint additives market is segmented on the basis of product, end-user, application, formulation type, and region. The report offers a comprehensive analysis on each of these market segments.

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type

  • Acrylics
  • Fluoropolymers
  • Urethanes
  • Metallic Additive
  • Others (epoxy, polyalkyds, and amines)

Formulation Type

  • Solvent Based
  • Water Based

Application

  • Rheology Modification
  • Biocides Impact Modification
  • Wetting & Dispersion
  • Anti-Foaming
  • Others (Flexibility, curing, slip & rub, and so on)

Industrial

  • End Use Industry
  • Automotive
  • Architectural
  • Wood & Furniture
  • Others

Table of Content

1. Global Paint Additives Market – Executive Summary

2. Global Paint Additives Market Overview

3. Global Paint Additives Market Analysis and Forecast By Product Type

4. Global Paint Additives Market Analysis and Forecast By Formulation Type

5. Global Paint Additives Market Analysis and Forecast By Application

6. Global Paint Additives Market Analysis and Forecast By End Use Industry

7. Global Paint Additives Market Analysis and Forecast By Region

to be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/paint-additives-market
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Chemical Testing Services Market expected to be valued at US$ 9,429 Mn by 2025, Competitive Players Outlook – Bureau Veritas S.A., Intertek Group plc, SGS SA, SCS Global Services

Future Market Insights studies provides in-intensity studies on the chemical testing services in its modern-day report, titled ‘chemical testing services market: global industry evaluation and possibility evaluation, 2017–2025”. In step with the document, the global chemical checking out services market is projected to increase at a healthful CAGR of 5.Zero% at some stage in the forecast period in terms of sales.

A chemical testing services market is a critical processing step for regulatory compliance and certifiers to apprehend the composition and best of chemical substances and materials that are utilized in commercial procedures, merchandise, and production any end product. Furthermore, a chemical testing services marketplace requires talent in applying the maximum pertinent methodology and professional business knowledge.

In addition, numerous sorts of chemical analysis in chemical testing services is supplied to make sure that the goods are aligned with various guidelines along with attain, RoHS, and different chemical notifications. Similarly, for some verticals consisting of agrichemical, pesticides, or prescription drugs, there are extraordinary chemical testing services laboratories, along with the best Laboratory exercise (GLP) and desirable manufacturing exercise (GMP).

The chemical testing services marketplace is developing at a faster pace, as exceptional audits and call for remembers are receiving more publicity now than within the beyond, making the reaction to them extra sensitive and pressing. With chemical testing services marketplace vendors requiring to conform to an expansion of presidency-mandated requirements and regulatory compliances, they want to preserve strict certain product data and satisfactory control. Similarly, unique substances, production strategies, and packaging necessities pressure manufactures to hold stringent manage over their manufacturing procedures in chemical testing services marketplace. These regulations thru government and regulatory bodies are boosting the growth of the chemical testing services market.

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On the basis of region, Europe is estimated to be the center market in the chemical testing services market, expected to account for 36.0% value share of the global chemical testing services market in 2017. The region continues to dominate the chemical testing services market, and is expected to continue to do so throughout the forecast period. On the basis of testing service type, the chemicals regulatory compliance chemical testing services, and the contamination detection and analysis segments are projected to exhibit CAGRs of 6.2% and 5.4%, respectively, in terms of chemical testing services market value during the forecast period. This is attributed to the increasing demand for chemical testing services certifications from top regulatory bodies such as REACH, RoHS, and others.

The chemical testing services market in North America, APAC, MEA, and Latin America are anticipated to contribute majorly to the global chemical testing services market. The market in APAC is expected to account for 28.5% share in terms of value in the global chemical testing services market, and be valued at US$ 9,704 Mn by 2025 end. The increasing demand for chemical testing services certifications and analysis from the consumer goods and manufacturing industry of Europe and APAC, especially China and Japan, is expected to fuel revenue growth of the market in the region. The chemical testing services market in North America is estimated to be valued at US$ 5,282 Mn by 2017 end, and projected to expand at a CAGR of 39.6% during the forecast period.

Factors such increasing demand for chemical safety and quality control, growing demand for the outsourcing of chemical testing services, increase in manufacturers and TIC providers, and partnerships to strengthen the food security approach to encourage certifications, governments are subsidizing the cost of certification, which is expected to drive revenue growth of the global chemical testing services market.

The global chemical testing services market is segmented on the basis of service type, sample type, end use, and region. By sample type, the chemical testing services market is segmented into agrochemicals & pesticides, basic & industrial chemicals, dyes & detergents, lubricants & greases, nanomaterials, petrochemicals, polymers & plastics, and specialty chemicals. Moreover, by end use, the chemical testing services market is categorized into consumer goods, environmental, and manufacturing. Key regions covered in the report are North America, Latin America, Europe, APAC, and Middle East & Africa.

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The chemical testing services market report analyses the global chemical testing services market in terms of value (US$ Mn) by testing service type, sample type, end use, and region; and provides insightful information regarding the segment analysis, market trends, competitive landscape, market dynamics, market estimations, and forecast.

Chemical Testing Market: Companies

Key chemical testing services market participants covered in this report include Intertek Group Plc, Bureau Veritas, SGS SA, TÜV NORD AG, UL LLC, SAI Global Limited, SCS Global Services, TÜV Rheinland Group, MISTRAS Group, Dekra SE, BSI Group, Eurofins Scientific, and others.

Market segmentation

The subsequent sections of the report analyse the global chemical testing services market on the basis of testing service type, sample type, end use, and region, and presents a forecast for the period 2017–2025. The market is segmented as follows:

Chemical Testing Services Market by Testing Service Type:

  • Chemical Composition Analysis
  • Chemical Trace Analysis
  • Chemicals Regulatory Compliance Testing
  • Contamination Detection and Analysis
  • Material Testing and Analysis
  • Elemental Analysis Certification
  • Others

Chemical Testing Services Market by Sample Type:

  • Agrochemicals & Pesticides
  • Basic & Industrial Chemicals
  • Dyes & Detergents
  • Lubricants & Greases
  • Nanomaterials
  • Petrochemicals
  • Polymers & Plastics
  • Specialty Chemicals

Chemical Testing Services Market by End Use:

  • Consumer Goods
    • Packaging & Paper
    • Toys
    • Cosmetics
    • Detergents & Cleaning Products
    • Hygiene Products
    • Food Material
    • Electrical and Electronic Products
    • Automotive
  • Environmental
  • Manufacturing

Chemical Testing Services Market by Region:

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

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Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.1.1. Market Definition

2.2. Global Chemical Testing Service Market Overview

2.3. Parent Market Overview

2.4. Chemical Testing Certifications: Snapshot

2.5. Global Chemical Testing Service Market – Certification Process

3. Market Dynamics

3.1. Macroeconomic Factors

3.2. Forecast Factors – Relevance and Impact

4. Global Historical Market Analysis 2012-2016 and Forecast 2017-2025

4.1. Market Size (US$ Mn) and Forecast

4.1.1. Market Value (US$ Mn) and forecast

4.1.2. Absolute $ Opportunity

4.2. Market Overview

4.2.1. Value Chain

4.2.2. List of Active Participants

5. Chemical Testing Market Forecast Factors: Relevance & Impact

to be continued..!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/chemical-testing-services-market
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Motor Control IC Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2027

Future Market Insights (FMI) has recently published a report titled “Motor Control IC Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027.” Motor Control IC is a device or a group of devices that governs the performance of an electric motor in a specific manner. The motor control IC also helps to control the LEDs, heater and DC motor for folding and mirror adjustment. A motor control IC includes an automatic or manual means for starting and stopping the electric motor.

2022 Market Value US$ 4,932.4 Mn
2027 Market Value US$ 6,344.2 Mn
CAGR% (2022-2027) 5.2%
Share of Top 5 Market Players ~55%

The global motor control IC market is expected to grow at a CAGR of 5.0% during the forecast period. The motor control IC market was valued at US $ 3,905.0 Mn in 2017, and is projected to grow significantly to reach US $ 6,344.2 Mn by 2027 due to the increasing usage of motor control ICs in the manufacturing of medical equipment and in the automotive industry.

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In this report, FMI has segmented the global motor control IC market by type, by industry and by region. By type, the motor control IC market is sub-segmented into brushed DC motor, brushless DC motor and stepper motor. The brushed DC motor sub-segment of the global motor control IC market is projected to register 52.6% market share at the end of 2018.  In addition, in terms of volume, the brushless DC motor sub-segment is also expected to register a CAGR of 6.0% in motor control IC market during the forecast period and it is expected to create an incremental opportunity of US $ 617.7 Mn between 2018 and 2027.

By industry, the global motor control IC market is segmented into automotive, building control, industrial automation, consumer electronics, healthcare and others. In terms of value, the motor control IC market in industrial automation industry is projected to grow at a CAGR of 6.3% during the forecast period. In addition, the increasing demand for motor control ICs in the industrial automation sector is one of the major factors driving the market. Moreover, the industrial automation industry is expected to create an incremental opportunity of $ 644.9 Mn between 2018 and 2027 in the motor control IC market..

According to FMI analysis, strategies such as product innovations, improvements in quality and others are expected to increase revenue, which is likely to enable the vendors of motor control IC to reach new growth markets. Infineon Technologies AG, which is one of the prominent vendors of motor control IC, is offering motor control IC for different application areas such as commercial and industrial purposes. As per FMI analysis, Infineon Technologies AG is upgrading its existing products to boost its customer base by improving the experience of its customers. Some of the participants in the global motor control IC market report are Rockwell Automation, General Electric Company, ON Semiconductor, Siemens AG, Toshiba Corporation, ABB Ltd., Schneider Electric SE, Maxim Integrated and NXP Semiconductors.

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Motor Control IC Market Survey By CategoryBy Type:

  • Brushed DC Motor Control IC
  • Brushless DC Motor Control IC
  • Stepper Motor Control IC

By Industry:

  • Automotive
  • Building Control
  • Industrial Automation
  • Consumer Electronics
  • Healthcare
  • Others

Region:

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

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About FMI                     

Future Market Insights (ESOMAR certified 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
Report: https://www.futuremarketinsights.com/reports/motor-control-ic-market
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North America Elemental Sulfur Market projected to soar at a 2.60% CAGR in 2031 Increasing Applications of Fertilizers Drive Industry

The demand for elemental sulphur is expected to grow by 3% CAGR between 2021 and 2031. The report projects the total volume sold in the market to total 106 Mn Tons by 2031. As per Future Market Insights (FMI), the global elemental sulphur market will total US$ 6.27 Bn in 2021. Demand for elemental sulphur slumped to an extent due to the onset of the COVID-19. Suspension of production activities and disruptions in supply chains further dampened sales prospects. However, FMI has projected steady recovery of the market, with sales forecast to grow year-over-year by 3.30% between 2020 and 2021.

Attribute Details
Estimated Elemental Sulphur Market Estimated Size in 2021 US$ 6.27 Bn
Elemental Sulphur Market Value-Based CAGR (2021-2031) ~3%
Elemental Sulphur Market Volume (2021-2031) 106 Million Tons
2020-2021 Elemental Sulphur Market Y-o-Y Growth ~3.30%

Growing demand for elemental sulphur in the agrochemicals industry is expected to bode well for the market. Sulphur is an essential nutritive element that improves plant growth and overall crop yield. A majority of crop plants go through sulphur deficiency. Sulphur is utilized in phosphate-based fertilizers to maintain a consistent supply of nutrients in crops. This will act as a chief growth driver for the elemental sulphur market.

Besides this, increasing adoption of sulphur for rubber vulcanization in the automotive and electronic sectors is expected to spur demand for elemental sulphur. Vulcanized rubber is used in the production of tires, cables, hoses, and other rubber components in consumer goods.

Ongoing expansions of the automotive and consumer goods sectors is expected to propel the demand for vulcanized rubber, which in turn will augment growth of the elemental sulphur market.

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“Favorable government policies and subsidies to support the expansion of the mining industry in various countries are expected to create conducive environment for elemental sulphur market growth. In addition to this, growing adoption of sulphuric acid for wastewater treatment will continue driving sales of elemental sulphur over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • Based on source, the gas-based segment is expected to hold a dominant share in the global elemental sulphur market.
  • In terms of applications, sales of elemental sulphur in the agrochemicals segment are anticipated to gain traction over the forecast period.
  • The U.S. is expected to dominate the North America elemental sulphur market. Sales of elemental sulphur are projected to increase at a 2.60% CAGR in North America.
  • The U.K. will emerge as a lucrative pocket in the global elemental sulphur market. Demand for elemental sulphur in Europe is expected to soar at a 2.30% CAGR.
  • China is expected to command a lion’s share in the East Asia elemental sulphur market, due to increasing applications of elemental sulphur in the production of fertilizers.
  • Japan and South Korea are projected to hold 3.30% of the global elemental sulphur market in 2021.

Competitive Landscape

The Saudi Arabian Oil Company, Marathon Petroleum Corporation, Exxon Mobile Corporation, Tengizchevroil, Valero Energy Corporation, Sinopec Corp., Royal Dutch Shell Plc., Pemex, OAO Gazprom, Abu Dhabi National Oil Company, Motiva Enterprises LLC, ConocoPhillips Company, Oxbow Corporation, PotashCorp, Suncor Energy Inc., Flint Hills Resources, Montana Sulphur & Chemical Co., Jordan Sulphur, and National Est. for Agricultural & Industrial Sulphur are among the leading players operating in the global elemental sulphur market.

As per FMI’s analysis, top 5 players operating in the elemental sulphur market are anticipated to account for 23% of the total market share in 2021.

Leading players operating in the elemental sulphur market are actively investing in mergers, acquisitions, joint ventures, and collaborations to strengthen their product portfolios and global footprint.

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Elemental Sulphur Market by Category

By Application:

  • Agrochemicals
  • Chemical & Petroleum Refining
  • Rubber & Plastics
  • Mining & Metallurgy
  • Paper & Pulp

By Source:

  • Gas-Based
  • Oil-Based
  • Mining

Region:

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

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Global Elemental Sulphur Market Analysis 2016–2020 and Forecast 2021–2031

3.1. Market Projections

3.2. Market Size

3.3. Absolute $ Opportunity

3.4. Value Chain

4. Market View Point

4.1. Macro-Economic Factors

4.2. Forecast Factor: Relevance and Impact

5. Global Elemental Sulphur Market Analysis 2016–2020 and Forecast 2021–2031 By Region

to be continued…!

About FMI

Future Market Insights (ESOMAR certified 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.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/elemental-sulfur-market
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Hemp Seed Oil Market – Growth, Statistics, By Application, Production, Revenue and Forecast To 2032

The global hemp seed oil market size is anticipated to reach US$ 336.1 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will rise at an impressive 18.5% CAGR between 2020 and 2030. According to the report, the rising demand for sustainable products will drive growth in the market. The report offers a holistic market overview intended to help stakeholders get a better look and the prevailing trends and opportunities. Besides examining investment feasibility across key segments, the study also analyses threats to the market.

Hemp seed oil is gaining popularity due to its rich content of omega-3 and omega-6, which offer numerous health benefits. Hemp seed oil helps in reducing inflammation, causing diseases related to the heart and cancer. The rising awareness about hemp seed oil and its various health benefits have resulted in its increased application in cooking oils, sauces and salad oil, baked foods, and nutritional supplements.

Hemp seed oil has started gaining traction recently owing to approvals by regulatory bodies for human consumption. This, coupled with its health benefits of hemp seed oil, has led to the higher demand in the market. CBD oil is more preferred as compared to the hemp seed oil, but economic pricing makes the latter more attractive for use in industrial applications.

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It includes in-depth insights into the hemp seed oil market. Some of these are:
• The estimated value of the market was at US$ 61.6 Mn in 2020.
• Region wise, the East and South Asia emerged as a key markets for hemp seed oil.
• North America and Europe will continue leading the global market for hemp seed oil.
• Food & beverage segment is expected to remain dominant in terms of application.
• Key players are likely to focus on product innovations and expansion through merger to retain their positions in developed markets.

“Increasing use of hemp seed oil as active ingredient in various products is expected to bolster growth of hemp seed oil market. Health-conscious consumers are looking for botanicals and botanical ingredients that offer several health benefits compared to products containing synthetic ingredients. Hemp seed oil is naturally extracted from hemp seeds and is considered suitable for application in various food products, which is aiding the market’s expansion,” said a lead analyst at FMI.

Increasing Demand for Baked and Ready-to-Eat Products due to COVID-19 Outbreak will Support Growth

The demand for salads, soup, and baked foods is increasing as consumers are looking for healthier diet options. This is one of the key factors driving the market for hemp seed oil. Due to the sudden outbreak and unrestrained spread of COVID-19, consumers have become more vigilant about their food consumptions. Even their purchase decisions are influenced by the need of healthiness and wellbeing. Such fluctuating consumer preferences with changing trends are likely to reshape the overall hemp seed oil market.

Hemp seed oil has rich content of nutrients and essential fatty acids. It has vast application in food and beverage industry. For instance hemp seed oil is used in making of sauces, dessert toppings, salad oil. Owing to its numerous benefits for heart and brain health it is popularly used as cooking oil. The growing trend for organic products is further paving way for expansion of hemp seed oil market. Further wide application in cosmetics and personal care products is also bolstering market demand for hemp seed oil.

Who is winning?

Some of the key players operating in the hemp seed oil market are Hemp oil Canada, Agropro, Maverik Oils, Nutiva Inc., Canopy Growth Corporation , Connolis, NP Nutra, 13 Seeds Hemp Farm, Eco fiber Limitged, Elixinol Global Limited, BOHECO.
Due to the increasing competition, manufacturers are focusing on expanding their product portfolio and filtering their process of extraction. Some of the major players like Canopy Growth, Hemp oil Canada, Ecofiber, Nutiva and others operate globally and manage their marketing activities such as promotion, product design, branding, packaging, pricing, and market research at a global scale. This helps them in developing the distribution network for goods and services in overseas markets, thus allowing these enterprises to earn higher profits.

Furthermore, manufacturers and suppliers of hemp seed oil target their customers based on their age, region, medical condition, spending power, dietary habits, and lifestyle. This is helping manufacturers and suppliers to position their products and is driving the hemp seed oil market. In addition to this, the common strategy adopted by market players includes acquisition and merging and they intend to expand their regional footprint through partnerships.

Market Segmentation

The Global hemp seed oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Nature
• Conventional
• Organic
Grade
• Food grade
• Pharmaceutical grade
Extraction process
• Cold pressed hemp seed oil
• Refined hemp seed oil

End use
• Food & beverages
o Sauces and salad dressings
o Dessert toppings
o Baked foods
o Margarine
o Cooking oil
• Nutraceuticals
• Cosmetics & personal care
• Pharmaceuticals
• Industrial products
Region
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

Get Valuable Insights into Hemp seed oil Market

Future Market Insights, in its new report, presents an unbiased analysis of the global hemp seed oil market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of nature, the market can be segmented into organic and conventional. Based on grade, the market can be classified into food grade and pharmaceutical grade. On the basis of extraction process market is segmented as cold pressed hemp seed oil and refined hemp seed oil. By the end use, market is classified as food & beverages, nutraceuticals, cosmetics & personal care, pharmaceuticals and industrial products. Regionally, the market can be segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

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Market Outlook& Key Findings
• Hemp seed oil market is anticipated to grow at nearly 19.5% in 2020 owing to rising awareness about its health benefits
• New product launch by key players, especially in the sanitizer segment will aid the expansion of the market. For instance, recently SinglePoint Inc. launched a hand sanitizer Klen, which is infused with hemp seed oil
• Key manufacturers are likely to invest in hemp seed oil as the market presents impressive growth opportunities backed by increasing applications of hemp seed oil
• The inclusion of hemp seed oil in vegan products is further boosting its demand
• Changes in the regulatory framework legalizing the use of hemp seed oil for human consumption is likely to create growth opportunities for market players

About FMI

Future Market Insights (ESOMAR certified 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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