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The extensive consumption of fossil fuels result in increasing carbon dioxide emissions. As a result of this, there is need to harness the potential of bio-based products. Therefore, the use of bio-based chemicals is expected to grow during the forecast period.

The chemicals derived from soy-oil have wide applications such as in production of biodiesel, bio-degradable plastics, soaps etc. These Soy-based chemicals find application across diverse industries including cosmetics, paper, food & beverages, plastic &polymer etc.

The chemicals derived from soybean are a reliable alternative to traditional petroleum and crude derived chemicals and ensure sustainability and reduced carbon footprints. Traditionally, soy chemicals have been used in a variety of applications across a diverse set of industries.

The most common soybean derivatives are soy-milk and soy-oil. Soy-milk and soybeans are widely used in food industries owing to their high nutrient content. Soy-oil is used as a vegetable oil as well as to derive the chemicals such as polyols, isoflavones and waxes among the others.

Global Soy-Based Chemicals Market: Drivers and Restraints

The increasing awareness as regards the benefits involved in use of bio-based products and environmental regulations are major factors that are expected to drive the growth of global Soy-Based Chemicals Market during the forecast period.

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The increasing demand for biodegradable plastics derived from soy-based chemical is slated to drive the growth of global Soy-Based Chemicals market during the forecast period. Relatively better performance of soy-based chemicals over some of the traditional chemicals is expected to drive the growth of global market for soy-based chemicals over the forecast period.

The increasing demand for soybean from traditional applications such as in food industry is expected to affect the supply of the same for production of chemicals, thus acting as an impediment to the growth of soy-based chemicals market during the forecast period

Global Soy-Based Chemicals Market: Regional Outlook

On the basis of region, the global Soy-Based ChemicalsMarket is segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Asia-Pacific (excluding Japan) and Japan.

North America region has a strong presence in global Soy-Based Chemicals market followed by Asia Pacific and Latin America. Asia-Pacific region and Latin-America have long term growth potential and are expected to witness robust growth in their share in global Soy-Based ChemicalsMarket during the forecast period.

Global Soy-Based Chemicals Market: Key players

The increasing demand for eco-friendly products is expected to drive investments in production of Soy-Based Chemicals across the globe. The key players operating in the global Soy-Based Chemicals market are as follows:

• The Dow Chemical Company
• Cara Plastics Inc.
• Ag Environmental Products LLC
• Archer Daniels Midland Co.
• Cargill Inc.
• Elevance Renewable Sciences Inc.
• Renewable Lubricants Inc.
• Soy Technologies LLC
• BioBased Technologies LLC
• Soyaworld Inc.
• Vertec BioSolvents Inc.

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

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The report covers exhaustive analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis include

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

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

Global Soy-Based Chemicals Market: Segmentation

The global Soy-Based Chemicals Market is segmented on the basis of End user industry, types and region.

On the basis of type, the global Soy-based chemicals market is segmented as below:

• soy-oil
• Fatty acids
• Polyols
• Soy-waxes
• Methyl-soyate
• Isoflavones
• Others

On the basis of End user industry, the global Soy-Based Chemicals Market is segmented as follows:

• Paper
• Cosmetics
• Food & Beverages
• Plastics & Polymer
• Bio-diesel
• Others

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.

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The global polyunsaturated fatty acids market is predicted to create an absolute dollar opportunity by exhibiting a CAGR of 5.4% from 2022 to 2032. The market size reached a valuation of US$ 5459.4 Mn in 2021 and it is to touch a valuation of US$ 5743.3 Mn in 2022. Due to polyunsaturated fatty acid’s widespread application in several industries including pharmaceuticals and healthcare, food & beverages, dietary supplements, infant formula, and several other applications, which is projection a valuation of the market of about US$ 9717.8 Mn by 2032.

As compared to the historical forecast which registered a growth of 6.7% CAGR between 2016 and 2021, the current forecast of the global polyunsaturated fatty acids market size is predicted to show sluggish growth at 5.4% CAGR between 2022 and 2032.

Various multinational companies and key players in the polyunsaturated fatty acids market have established and integrated value chains involved in manufacturing raw materials and supplying omega acids as finished products. These companies are able to integrate across several levels of the value chain whilst maintaining a meticulous supply of raw materials and keeping manufacturing costs at a minimum.

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Key Takeaways

• Polyunsaturated fatty acids are vital fatty acids that are essential for brain function and cell growth. These fatty acids are not produced by the human body, they are taken through diets. Owing to its undeniable need for the growth of the body, the demand for polyunsaturated fatty acids is propelling in the global market.
• Polyunsaturated fatty acids consist of omega-3 fatty acids and omega-6 fatty acids. They are drastically being replaced by trans and saturated fats by offering various health benefits for the body. PUFAs reduce triglycerides, prevent arrhythmia, lower blood pressure, control blood sugar, and reduce the risk for diabetes.
• Furthermore, PUFAs assist in brain development and enhances the body’s ability to absorb fat-soluble vitamins more effectively along with developing and maintaining the body’s cells. Backed by such factors, a sharp rise in the demand for products containing polyunsaturated fatty acids has been witnessed within the last few years and the trend is likely to drive growth in the market.
• The surging prevalence of chronic diseases such as cardiovascular diseases, cancer, stroke, and diabetes is expected to show opulent growth in the sales of the polyunsaturated fatty acids market. Moreover, increased consumption of polyunsaturated fatty acids in various end-use industries is expected to push sales across the estimation period.
• Factors such as rising awareness about the numerous health benefits of PUFAs and a surge in cardiovascular diseases, along with rising consumption of products with omega-3 fatty acids are driving growth in the global polyunsaturated fatty acids market.
• Polyunsaturated fatty acids play a vital role in improving the overall metabolic process which results in enhancing cognitive functions. Consumers are rapidly getting inclined toward high nutritional products is playing a crucial role in boosting sales of polyunsaturated fatty acids.

Competitive Landscape

In order to fulfill the increasing demand for polyunsaturated fatty acids, key manufacturers in the industry are shifting their focus towards improving their production capabilities, R&D investments, collaborative partnerships, and mergers and acquisitions.

The Major Keyplayers are Koninklijke DSM N.V., BASF SE, Croda International PLC, Enzymotec Ltd., Omega Protein Corporation, Aker BioMarine AS

More Insights into the Polyunsaturated Fatty Acids Market

According to Future Market Insights, the U.S. is expected to dominate the North American polyunsaturated fatty acids market by possessing a significant share in terms of consumption. This phenomenal growth in the U.S. is driven by increasing usage of polyunsaturated fatty acids across rapidly expanding industries such as food and beverage, pharmaceutical, and nutraceutical along with the rising prevalence of cardiovascular disorders, and growing consumer awareness about the benefits of PUFAs.

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Germany is projected to garner a total revenue share of about 5.9% in the global polyunsaturated fatty acids market by the end of 2022. Growth in the market is driven by the rapid consumption of foods containing polyunsaturated fatty acids.

Polyunsaturated Fatty Acids Market Key segments

By Product Type:

• Omega-3 Fatty Acids
  • Alpha-Linolenic Acid (ALA)
  • Docosahexaenoic Acid (DHA)
  • Eicosapentaenoic Acid (EPA)

• Omega-6 Fatty Acids
  • Linolenic Acid (LA)
  • Arachidonic Acid (AA)

By Source:

• Marine
  • Algal and Fungus Oil
  • Fish Oil
  • Krill Oil
• Plant
• Chia Seed Oil
• Flax Seed Oil
• Other

By Application:

• Dietary Supplement
• Infant Formula
• Pharmaceuticals
• Food and Beverages
• Animal Food and Feed

By Form:

• Oil
• Syrup
• Softgel and Capsule
• Other (Powder, Emulsion and Gummy Candy)

By Region:

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

Future Market Insights presents an analysis of the U.S. lime market in a new publication titled “Lime Market: U.S. Industry Analysis and Opportunity Assessment, 2016–2026.” The consumption of lime in the U.S. was pegged at 19,600 KT in 2015 and this is expected to increase to 27,074 KT by the end of 2026.

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

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Segmentation highlights

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

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

Regional projections

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

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

Market Segmentation

By Product Type:

• Quick Lime
• Hydrated Lime

By Application:

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

By Region:

• Northeast
• Midwest
• South
• Western

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Vendor insights

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

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

About Chemicals & Materials division of FMI

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

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

The global PP homopolymer market is projected to reach a value of US$ 98,431.4 Mn by 2032, with the market growing at an average CAGR of 4.8% over the forecast period of 2022 to 2032. Growing from an estimated US$ 61,591.5 Mn in 2022, the PP homopolymer market is driven by the heightened demand for the product from the packaging, textile, and electronic industries. The extensive usage of PP homopolymer in the packaging industry along with the ever-expanding e-commerce will augment the sales of the product in the international product.

In recent years, there’s been a notable rise in the adoption of PP homopolymer in construction, automotive, and electrical industries due to its high strength, enhanced chemical resistance and weldability. The growing need for high end packaging in retail sector is also contributing to the the consumption of high quality polymers which in turn propels the growth of PP homopolymer market.

Spearheading the market growth for PP homopolymer is flexible packaging for clothes, food, and other goods along with hard packaging for small to medium-sized storage used in FMCG products. Also, more and more consumers are buying goods from online businesses, boosting the market growth of e-commerce which in turn substantially improves the market prospects for PP homopolymer. In addition to all this, the target market also avails several profitable opportunities from the automotive sector.

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

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

Key Takeaways:

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

Competitive Landscape 

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

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

More Insights into PP Homopolymer Market Report

In its latest report, FMI offers an unbiased analysis of the global PP homopolymer market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented on the basis of processing technology (injection molding, film, other extrusion, fiber, others (blow molding, sheet)), end use (packaging (flexible packaging, rigid packaging), electrical and electronics, textile, automotive, building and construction, others), and region.

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According to the latest FMI reports, based on region, the PP homopolymer market in China is predicted to undergo significant growth over the forecast period. The country is expected to be one of the prime consumers of the product. The escalating demand from the packaging and the automobile industry is driving the market growth in this region. Along with China, the U.S. PP homopolymer market is anticipated to exhibit impressive growth. The country is expected to account for about 13.7% of the global market share during the forecast period, driven by the expanding food industry.

Based on segmentation, by processing technology, the injection molding segment and the packaging industry, in terms of end use, are expected to lead the market growth during the forecast period.

PP Homopolymer Market by Category

By Processing Technology:

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

By End Use:

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

By Region:

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

Related Links:

https://www.diigo.com/item/note/8r3r4/mgdt?k=1bd9bade46750fc07a0b666094d61f34

https://theprose.com/post/554321/lithium-and-lithium-ion-battery-electrolytes-market-size-share-demand-trends-by-2029

https://www.quora.com/profile/Sanjay-Vane-4/Lithium-and-Lithium-Ion-Battery-Electrolytes-Market-Size-Share-Demand-Trends-by-2029-The-global-market-is-predicted

https://gettr.com/post/p221mhy73cf

https://anotepad.com/notes/jwi3ttbb

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
LinkedIn| Twitter| Blogs 

The global acrylic fibre market is projected to reach a valuation of US$ 7,779.0 Mn in 2032, with the demand growing at a stagnant CAGR of 3.9% over the forecast period of 2022 to 2032. Climbing up from a value of US$ 5,113.4 Mn in 2021, the acrylic fibre market will reach an estimated US$ 5,306.0 Mn by the end of 2022.

Large-scale usage across a variety of end-use industries, and escalating use in the production of knitted items drives the acrylic fibre market during this period of observation. The material’s use in the making of craft yarns, fake fur, carpets, vehicle covers, and upholstery fabric will further augment its sales.

With recent recognition of acrylic fibre’s ability to blend with other materials, the material is observing a rapid rise in its demand. The use of this fibre in blends with materials like cotton, wool, polyester, and others is gaining momentum due to its favorable physical, chemical, and thermo-biological features.

Again, these fibres provide a more aesthetic and natural look; they are highly resistant to microbial attack, mild alkalis, and UV deterioration. Thus, acrylic fibres are increasingly used to create different types of garments and even used in the home furnishing industry.

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Moreover, some recent developments in the acrylic fibre market such as the material’s use in the production of carbon fibres, flame-retardant acrylic fibre, weather-resistance acrylic fibre, antimicrobial acrylic fibre have generated more opportunities for the market. Flame-retardant acrylic fibre, weather-resistance acrylic fibre, antimicrobial acrylic fibre are materials that are often used in hospitals, manufacturing industries, and others.

Advancements in processing and other technologies will also contribute to market growth as this kind of progress may make it feasible to produce acrylic fibres from new sources. All of these factors will foster an environment of growth for the acrylic fibre market during the assessment period.

“Increasing use of acrylic fibre in end use industries like home furnishing, apparels, industrial goods, and many others is expected to encourage the market growth of acrylic material over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Expanding fashion industry to facilitate lucrative market opportunities.
• Raw material price fluctuations and availability of alternatives may impede market growth.
• The acrylic fibre market in India is predicted to grow at a high CAGR.
• Export of synthetic fibres to drive market growth in China.
• By dyeing method, the gel dyeing segment will gain a notably high revenue during the forecast period.
• By form, the acrylic staple fibre segment is predicted to register a 3% CAGR over the assessment period.

Competitive Landscape 

Aksa Akrilik Kimya Sanayii A., Dralon, Aditya Birla Group, Jilin Chemical Fiber Company, TAEKWANG INDUSTRIAL CO., LTD, Exlan Japan Co., Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., Vardhman Acrylics Ltd., and others are some of the major players in the acrylic fibre market that are profiled in the full version of the report.

Major market players are focusing on product innovation and releases. These businesses are also employing expansion and acquisition strategies to gain a competitive advantage.

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Acrylic Fibre Market by Category

By Fiber Form:

• Staple
• Filament

By Dyeing Method:

• Acid
• Gel
• Undyed

By Blending:

• Wool
• Cotton
• Others

By End Use:

• Apparels
• Home Furnishing
• Industrial
• Outdoor

More Insights into Acrylic Fibre Market Report

In its latest report, FMI offers an unbiased analysis of the global acrylic fibre market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented on the basis of fibre form (staple, filament), dyeing method (acid, gel, undyed), blending (wool, cotton, others), end use (apparel, home furnishing, industrial, outdoor), and region.

According to the latest FMI reports, based on region, the acrylic fibre market in India is expected to exhibit substantial growth during the forecast period. The country will likely account for a major portion of the global market share by the end of 2032.

The swiftly advancing textile industry and growing export of yarns and fibres are accountable for the regional market growth. Along with India, China, too, is predicted to present impressive market growth during 2022-2032. China is the world’s leading producer of acrylic fibre, accounting for over 30% of the global production of the material.

Based on segmentation, on the basis of the dyeing method, the gel dyeing method is expected to dominate the market. In terms of form, the acrylic staple fibre segment will lead the market growth over the forecast period.