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According to a recent analysis by Future Market Insights (FMI), the 1,4-diisopropylbenzene market is expected to grow between 2021 and 2031 as a result of increasing demand from various industries, particularly the chemical and electrical & electronics sectors.

According to the study, the market for 1,4-Diisopropylbenzene is expected to increase at a rate of 3.8% CAGR over the ensuing assessment period.

Because 1,4-Diisopropylbenzene is employed as a solvent in paints, synthetic lubricants, and polymers used in the construction and automotive industries, there is an increasing demand for these goods.

However, it is anticipated that the usage of 1,4-Diisopropylbenzene will be constrained by strict laws put on the use of synthetic compounds that are hazardous to the environment and human health, together with a movement in consumer preferences toward cleaner and greener alternatives.

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Key Takeaways from 1,4-Diisopropylbenzene Market Study

• 1,4-Diisopropylbenzene market value is expected to total US$ 110.7 Mn in 2021
• The U.S. is expected to remain a leading market, accounting for nearly 84.7% of sales in North America in 2021
• Germany, France, and Russia are expected to exhibit steady growth in demand for 1,4-Diisopropylbenzene in Europe. Among these countries, Germany is expected to remain dominant
• Application of 1,4-Diisopropylbenzene as chemical intermediate will account for maximum sales of nearly 32.6% in the market in 2021
• China is expected to remain the leading market for 1,4-Diisopropylbenzene within East Asia through the course of the forecast period

1,4-Diisopropylbenzene Market: Participant Insights

According to the report, Eastman Chemical Company, Sagechem, Goodyear Chemicals, Syntechem Co. Ltd. Tokyo Chemical Industry Co. Ltd., Biosynth Carbosynth among others are identified as key players in the 1,4-Diisopropylbenzene market.

Key manufacturers are focusing on introducing improvements in the 1,4-Diisopropylbenzene to gain competitive edge. Since the market is very niche, some manufacturers are investing a significant amount in research and innovation to explore various applications field and many others are adopting strategic collaborations and agreements to share investments and resources to reduce the risk and increase the revenues in the market.

1,4-Diisopropylbenzene Market by Category

By Product Type:

• Standard
• High Purity

By Application:

• Paints & Coatings
• Electrical & Electronics
• Chemical Intermediates
• Solvents
• Graphic Arts
• Others

By Region:

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

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Future Market Insights has published a market research report on the 1,4-Diisopropylbenzene market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the 1,4-Diisopropylbenzene market through three different segments- by Product Type, by Application and by Region.

About Future Market Insights (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.

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Numerous end-use sectors, including agrichemicals, animal feed, cleaners and detergents, food and beverage, water treatment, and others have consistently shown a demand for phosphates on the global market. The global phosphates market is expected to develop with a growth rate of 2.7% between 2021 and 2031, according to the most recent report by Future Market Insights (FMI).

Since they are essential components of the fertilizers sector, ammonium phosphate and calcium phosphate are predicted to continue to be important product categories in the global market. The more popular variations include diammonium phosphate, monoammonium phosphate, single super phosphate, and triple super.

In the upcoming years, it is projected that demand for phosphate-based fertilizers would rise due to growing worries about food security brought on by the rising world population. Additionally, the global decline of arable land due to urbanization and industrialization has spurred the rise in phosphate demand.

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Due to the decline in demand from the industrial sector, the phosphate market is likely to slow down during the Covid-19 crisis. In spite of the crisis, the market has experienced a favourable outlook because of the output of agricultural goods and animal feed. These elements will be essential for the global phosphates market’s continued expansion.

Key Takeaways from Phosphates Market Study

• The global phosphates market is anticipated to reach a value of US$ 21,169.7 Mn by the end of the forecast period in 2031.
• Ammonium phosphate is expected to remain the dominant product type owing to higher agriculture applications accounting for three quarters of the global market through 2031.
• China is dominant in East Asia with a value share of over 95% through 2031, supported by large scale agriculture and chemicals industries.
• India will reflect above average growth with a CAGR of 3% through 2021, owing to its position as a leading agrarian economy.
• Brazil will hold over 50% of the Latin America market through 2031, owing to government incentives towards large-scale agriculture practices.

“Agrochemical sales have fueled the growth of phosphates significantly over the past few years owing to the demand for fertilizer products particularly in emerging agrarian economies such as India and China. Government incentives will support growth through 2031,” said a lead analyst at FMI.

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Phosphates Market: Participant Insights

Key players are focusing on strategic expansions by expanding production capacity in emerging economies by setting up of new production units, collaborations and mergers and acquisitions of other market participants. They are focusing on strengthening of their product portfolio while strengthening distribution networks.

Market participants in the global phosphates market are Nutrien Ltd., The Mosaic Company, YARA International, EuroChem, Prayon SA, Ma’aden-Saudi Arabian Mining Company, PhosAgro, Jordan Phosphates Mines Company (PLC), Aditya Birla Chemicals, Israel Chemicals, KazPhosphates LLC, Sulux Phosphates Limited, Zimbabwe Phosphates Industries Limited, OCP Group, Innophos Holdings, Inc., Chemische Fabrik Budenheim KG, Haifa Chemicals ltd., URALCHEM JSC, Solvay SA, OCI Company Ltd., Cabot Microelectronics Corporation, Asia Union Electronic Chemical Corp., Hubei Xingfa Chemicals Group Co., Ltd., Yichang Municipal Pacific Chemicals Co., Ltd (YMPCC), Sichuan Blue Sword Chemical (Group) Co., Ltd., Foskor (Pty) Ltd., and Industries Chimiques du Senegal.

Phosphates Market by Category

By Product Type:

• Ammonium Phosphate
• Calcium Phosphate
• Potassium Phosphate
• Sodium Phosphate
• Others

By Grade:

• Food & Feed
• Pharmaceutical
• Industrial

By End Use:

• Agrochemicals
• Food & Beverages
• Animal Feed
• Cleansers & Detergents
• Pharmaceutical & PC
• Water Treatment
• Others

By Region:

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

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Want to Know More?

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

About Future Market Insights (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:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com

Smartphones have now become a prerequisite of modern living. At a gathering we can find 4 out of 5 people on their smartphone then be it for streaming TV shows, internet surfing, texting etc. Since, the last decade the market penetration for smartphones has grown to almost 70% globally and in parallel, the demand for its accessories.

Further, the technological advancements has made possible for new magnetic charging cables to perform well in terms of fast charging, quick data transfer, etc. Also, the Nylon braided material eradicates the overheating problem. The millennial generation being tech-savvy, are much more attracted to technological advancements such as magnetic charging cable which can create a vast market in near future.

The covid-19 outbreak has resulted in a current economic slowdown. The change in consumer buying behavior has drastically impacted the magnetic charging cable market growth. Customers switched from brick-and-mortar stores to online shops affecting the sales of nonessentials businesses which impacted the market growth of Magnetic Charging Cable.

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Magnetic Charging Cable: Market Dynamics

What factors can drive the demand for the Magnetic Charging Cable?

With the advancement in technology the magnetic charging cable has the ability to charge the devices faster than the regular charger and is likely to drive product adoption in the market.Higher durability of nylon braided magnetic charging cables is another factor that is likely to positively impact the sales of magnetic charging cable.

Besides this, the ability of products to support all types of ports namely iPhone, android and USB type-C ports is expected to drive further adoption in the market.All of the above product related factors are expected to fuel growth in the sales of magnetic charging cable during the period of forecast.

Will the Emergence of Private Label Brands Affect the Sale of Magnetic Charging Cable?

The emergence of private label or retailer’s in-house brands have affected the industry significantly which in turn reshaped and revolutionized the market. Due to emergence of private label brands the customer’s behavior towards buying products is also changing.

The private label brands are reintroducing the products as cost-effective method and in better quality which in turn satisfies the customers, thus resulting in an increase in adoption. For example, AmazonBasics, a private label brand of Amazon is offering durable and high quality products at reasonable cost.

Thus, the emerging Private Label brands are reshaping the market as well as customer buying preferences.

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What are the opportunities in low and middle income region in coming Future?

The growing sales potent in low and middle income countries is likely to open up new opportunities for the players operating in magnetic charging cable market. Rapid penetration of digital ecosystem can further help the players in the region to capitalize on the new existing demand for magnetic charging cables in the low and middle income regions.

The changing lifestyles and standard of living is further expected to drive the adoption of smart technologies like magnetic charging cables in potential economies of Asia-Pacific region. These regions have welcomed the advancement in technology with open arms and created a hotspot for the same.

Magnetic charging cable is such an Innovation which can attract a lot of customers and increase the sales for the existing as well as the emerging brands.

What market challenges are impacting the sales of magnetic charging cable?

Hyper convenience is highly preferred by users which is why they always tend to stick to easier way of handling devices. Leading brands such as Samsung, LG, Nokia, and Xiaomi has already introduced wireless charging feature in some of their products and users are getting along fine with this new feature.

Moreover, Apple a leading smartphone brand introduced magnetic charging for its iPhone 12. Counterfeiting is a problem faced by high value and authentic product enterprises and might pose as a challenge for those manufacturers to curb the counterfeited products.

Also, the covid-19 outbreak resulted in certain disruptions in the supply chain and other business operations. Besides this, a specular shift in consumer buying behavior from discretionary to essential products has further impacted the sales of magnetic charging cable in the past few months.

However, the sales of magnetic charging cables are likely to revive as economies across different regions have now entered into the reviving phase. Besides this, the availability of cost-effective substitutes in the market is further expected to impact the sales of magnetic charging cables in the market.

Magnetic Charging Cable Market Key players

The key players in the magnetic charging cable market are

• AGPTEK (Shenzhen Mambate Industry Development Co., Ltd)
• FlashWire USA.
• Chargeasap Company
• TekDeals
• TOPK
• VOLTA Charging
• LLC
• Apple, Inc.
• HOCO Technology (HK) Co. Ltd.
• Voltreton
• Kanex Company
• MegaBoltand
• Others.

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Considering the increase in demand, VOLTA, another manufacturer of magnetic charging cable launched its VOLTA spark in November 2020, which it considers to be one of their most impressive charging cable and can charge with 100W USB-C power output.

The cables from VOLTA are made up of military grade nylon material, anti-corrosive aluminum or zinc conductor construct. All of such developments and enhancements on the part of players are likely to play a key role in differentiating their products from other suppliers in the market.

How are Manufacturers in India Capitalizing on New Growth Opportunities in Magnetic Charging Cable Market?

In order to capitalize on increasing demand in the region the players in the market are currently focused on enhancing their manufacturing capacity. For instance, Volta Charging, LLC a manufacturer of magnetic charging cable has recently setup their plant in India.

Sensing the market growth in coming future for magnetic charging cable they are launching new innovative versions of their product offerings. Apart from all this, the parallel growing smart phone market in the region is also expected to positively impact the growth of magnetic charging cable.

What is the Growth Factor for Magnetic Charging Cable Market in USA?

A lot of technological changes have happened in the past decade and the millennial generation has grown around that technology change. USA being a technologically advanced country, the sales opportunities for magnetic charging cables with smart features is high. Magnetic charging cable is one such innovative product which has huge sales potential in the country and can pave the way for the players.

How the Chinese market will respond to the Product?

China being one of the lucrative country for electric and electronics products also has tremendous sales opportunities.Besides this, the growing population and standard of living is another factor that is likely to drive magnetic charging sales in the country. The penetration of players providing cost-effective magnetic charging cables is high.

This is another factor that has facilitated regional growth in the past. Magnetic Charging Cable being such a product has greater potential for boosting the sales growth in the country.

The report covers exhaustive analysis on

• Magnetic Charging Cable Market Segments
• Magnetic Charging Cable Market Dynamics
• Magnetic Charging Cable Market Size
• New Sales of Magnetic Charging Cable
• Current Trends/Issues/Challenges in the Magnetic Charging Cable Market
• Competition & Companies Involved in Magnetic Charging Cable Market
• New Technology for Magnetic Charging Cable
• Value Chain of the Magnetic Charging Cable Market

Regional analysis includes

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

The Global Magnetic Charging Cable Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.

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

Magnetic Charging Cable Market Segmentation

On the basis of String Length:

• below 0.5 meters
• 0.5 – 1 meters
• 1 – 2 meters
• Above 2 meters

On the basis of Price Range:

• Below US$10
• US$10-US$50
• Above US$50

On the basis of Sales Ghannel:

• Convenience stores
• Specialty stores
• Wholesalers and Distributors
• Online Retail
• Other sales channels (Multi-brand stores, Direct sales)

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers. Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

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The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period. While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027. The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

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Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share. These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

• Key players placing significant importance on expansive product offering and product advancements.
• Strategic business relationships and contracts with distributors and suppliers in all the business regions.
• Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

Key Segments

By Application

• Non-destructive Strength Measurements
• Void and Crack Detection
• Homogeneity Detection
• Elasticity Measurements
• Infrastructure and Construction Testing
• Material Science and research
• Other Applications

By End Use Vertical

• Aerospace and Defence
• Chemicals and Petrochemicals
• Concrete, Glass and Building Materials
• Educational Research
• Oil and Gas Refineries
• Sewage and Water Treatment Facilities
• Construction Engineering, Remodelling and Design

By Transducer Frequency Range

• 24kHz – 50kHz
• Above 50kHz, upto 100kHz
• Above 100kHz, upto 150kHz
• Above 150kHz

Key Regions

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Russia
  • Rest of Europe
• APEJ
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of APEJ
• Japan
• MEA
  • GCC Countries
  • Israel
  • South Africa
  • Rest of MEA

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Ultrasonic Pulse velocity Tester Market: Regional Insights

• Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
• North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
• Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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

Although laboratory ovens have been categorized on the basis of their simplicity, many manufacturers in laboratory ovens market are focusing on developing second-tier features such as enhanced reliability and independent temperature safety and shut off. The demand for laboratory ovens is expected to grow at a moderate rate of nearly 4.4% in 2019, according to a forecasted report by FMI (Future Market Insights) on laboratory ovens market, globally.

The average laboratory ovens are expected to become obsolete within the seven years of manufacture and moreover, repair of damaged and old laboratory ovens turns out to be costly and time-consuming.

This in turn makes the purchase of new laboratory ovens cheaper compared to the former method and need for growing awareness regarding the regular maintenance of laboratory ovens gives research institutes opportunities to develop programs regarding the same.

North America to Register Maximum Sales of Laboratory Ovens; To Outpace Europe

North America is projected to hold massive market share in laboratory ovens market by expanding at a steady pace in 2019.

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Dental laboratory ovens is expected to be the major attribute towards the regional growth. With increasing number of dental diseases and dental caries, demand for technologically advanced products comes in play, thereby driving the need for laboratory ovens in the region.

Growing availability of skilled professionals, rising awareness regarding oral hygiene and significantly increasing dental clinics stimulates the growth of North America laboratory ovens market. Moreover, constant advancement in healthcare facilities by U.S. government further propels deployment of laboratory ovens in North America.

Vacuum Ovens to Witness Steady Expansion

Vacuum ovens are expected to hold a quarter share in laboratory ovens market through 2019 with surging demand from forensic, clinical and research laboratories, in order to cater to the growing needs of delicate drying processes such as removing flammable solvents and drying tiny parts.

Manufacturers such as Scientific Digital Imaging plc are taking up immense efforts in expanding their global distribution networks by making strategic acquisitions and are introducing new territories that would help them in reducing manufacturing costs and increase sales. In addition, emergence of vacuum ovens that deliver maximum efficiency in purging solvents such as the butane hash oil, is expected to further dive-in opportunities for expansion of customer-base in laboratory ovens market.

Forensic Laboratories to Hold Bright Future

Forensic laboratories are expected to expand at a moderate pace in the laboratory ovens market in 2019. With increasing number of forensic investigations due to rising number of crime rates such as terrorist bombings and gun violence across the world, demand for laboratory ovens in forensic laboratories is expected to increase.

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Advanced forensic technologies including portable usage of the color chemistry for the purpose of identifying chemical and biological weapons, sensing technologies, DNA-profiling techniques, enhanced extraction of the fingerprints from metals such as gun cartridges and fragments further drives the usage of laboratory ovens by forensics.

Market Segmentation

By Oven Type

• Gravity Convection
• Mechanical Convection
• Vacuum Ovens
• Cleanroom Ovens
• Others

By Capacity

• Small Capacity (Under 2 cu. Ft.)
• Standard Capacity (2 cu. Ft-6 cu. Ft.)
• Large Capacity (Above 6 cu. Ft.)

By End-User

• Biosafety Laboratories
• Clinical and Medical Laboratories
• Incubator Laboratories
• Production Laboratories
• Research & Development (R&D) Laboratories
• Others

Key Regions

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Russia
  • Rest of Europe
• APEJ
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of APEJ
• Japan
• MEA
  • GCC Countries
  • Israel
  • South Africa
  • Rest of MEA

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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