Antimicrobial Additives Market is Set to Reach a Valuation in Excess of USD 27.95 Billion in 2032

The global antimicrobial additives market is valued at around US$ 12,711.5 Mn in 2022 exhibiting an impressive CAGR of 8.2% during the forecast period 2022 to 2032. The market is predicted to reach a valuation of US$ 27,955.6 Mn by 2032.

The global demand for antimicrobial additives is expected to grow at a robust CAGR of 8.2% between 2022 and 2032, as compared to the historical period between 2013 and 2021 during which the CAGR was about 7.7%.

The market is projected to showcase a higher growth rate across the estimation period due to the rising concern among consumers related to personal and family wellness. Furthermore, the presence of strict regulations encouraged the use of antimicrobial products and devices in order to decrease health hazards.

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Key Takeaways

  • The increased use of antimicrobial additives in paints, inks, fabrics, paper, plastic, and various other applications has driven the overall sales of antimicrobial additives in the future. Antimicrobial additives are known to be active agents that when included in the processing of materials will automatically inhibit the life or growth of microbes.
  • Antimicrobial additives have proven to be very effective in preventing the growth of infection and various fever-causing microorganisms such as fungi, mold, bacteria, and algae among other materials. These additives have also played a crucial role in extending the shelf life of products.
  • Various end-use industries are rapidly adopting antimicrobial additives such as automotive, electronics, building & construction, and healthcare, which is expected to bolster the growth of the antimicrobial additives market during the assessment period.
  • The surge in the consumption of antimicrobial additives in order to exhibit microbial growth on the surface of plastic products and medical equipment is predicted to push the demand for antimicrobial additives.
  • A drastic consumer shift has been witnessed from conventional materials such as metals and glass towards antimicrobial plastics in the automotive application, which is further expected to fuel demand in the antimicrobial additives market.
  • In recent years, there is a significant shift toward feminine hygiene products and rising awareness among consumers about prevalent health issues and hygiene owing to the rising spread of viruses and infections has led to an increased customer focus on antimicrobial products such as plastics, coatings, textiles, and others.
  • Changing lifestyles of consumers and longer exhausting working hours are resulting in higher demand for packaged ready-to-eat and frozen meals. This is anticipated to boost the demand for antimicrobic additives in the forthcoming years.

Key Companies Profiled: 

  • Akzonobel N.V.
  • BASF SE
  • The Dow Chemical Company
  • Sanitized AG
  • Steri touch Ltd
  • Biocote Ltd.
  • Life Material Technologies Limited
  • Momentive Performance Materials Inc.
  • Clariant Chemicals India Ltd.
  • Nanobiomatters

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Competitive Landscape

Prominent market players are focusing on working with new formulations of antimicrobial products and simultaneously developing more sustainable solutions. Key market participants have shifted their preference towards edible and biobased antimicrobial additives owing to the regulatory pressure for safer additives. In addition to that, other companies are also being acquired in order to generate more revenue and acquire a competitive advantage over the market.

Antimicrobial additive Market Segmentation

By Application:

  • Fabric / Textile
  • Inks
  • Paints and Coatings
  • Paper
  • Plastic
  • Silicone & Rubber
  • Others

By End Use:

  • Automotive
  • Building and Construction
  • Electronics
  • Food and Beverages
  • Healthcare
  • Other

More Insights into the Antimicrobial Additives Market

The United States antimicrobial additives market is projected to expand at a phenomenal pace throughout the forecast period attributed to the rising consumption of antimicrobial ingredients in an array of end-use industries including food and beverages, automobile, electronics, and others.

Over the past few years, changing lifestyles have made people forced to choose packaged food which has resulted in the surge in demand for food additives that increase the shelf life of products. Most food manufacturers in the U.S. use antimicrobial additives in their products in order to prevent the growth of microbes.

Attributing to the surging consumption of antimicrobial additives across the food and beverages, healthcare, construction, and automotive industries, the U.S. is set to possess 16.9% of the overall volume of consumption in 2022.

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Due to the rapid growth of the automotive industry in India, the antimicrobial additives market is anticipated to expand at a steady pace across the projection period from 2022 to 2032. Moreover, growing awareness about the benefits of antimicrobial additives and a rise in the number of regional and domestic antimicrobial additive manufacturers.

Over recent years, various manufacturers in the automobile industry are excited to launch new products and collaborate or merge with dominant companies in the sector. Rising demand for luxury commercial vehicles and favorable government regulations is propelling growth in the market.

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Mining Flotation Chemicals Market: The global mining flotation chemicals market is currently valued at around US$ 11,319.5 Mn in 2022 and is anticipated to progress at a healthy CAGR of 4.7% to reach US$ 17,918.2 Mn by 2032.

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Medium Voltage AC Power Distribution Units (PDU) Market Trends | Segmentation, Outlook, Industry Report to 2026

Medium voltage AC power distribution units involve less wire-web and provide more interconnectivity. In contrast, a low voltage system require 8-10 times more cables and conduits as compared to medium voltage AC power distribution units. In spite of being compact, cost effective and efficient, the medium voltage AC power distribution units require more space for ventilation and cooling as high power is managed by the system.

The revolution of internet and connectivity in recent years has increased the dependency on digital sources. Trillion bits of data is used and generated every day, which has to be stored at reliable and easily accessible places. This has resulted in tremendous growth of data centers, cloud storage and data warehouses.

Conventionally, medium voltage AC power distribution units are widely used in heavy machinery and mining industries but due to increasing loads on data centers, many data centers operators are adopting medium voltage AC power distribution units to meet their industry-size demands. Considering ratio of area consumption and power distribution, the medium voltage AC power distribution units are more compact than low voltage PDU system.

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Medium Voltage AC Power Distribution Units (PDU) Market in Data Centers: Dynamics

The raising data usage and digitalization of all conventional means is increasing pressure on data center operators to maximize their efficiency and capacity. To attain secure position in competitive market in which rack density and power consumption are continuingly increasing, the data center operators are intending to improve the efficiency of supporting infrastructure. Also, interconnectivity amongst various organizations, government departments, security systems, transportations etc. are playing a vital role in increasing dependency on data centers which is forcing operators to adopt medium voltage AC power distribution units in data centers.

However, the high installation and operating cost of medium voltage AC power distribution units along with failure rate and increased complexity of data center servers are some of the restraints that are expected to affect the market growth of medium voltage AC power distribution units in data centers over the forecast period.

Medium Voltage AC Power Distribution Units (PDU) Market in Data Centers: Region-wise Outlook

The global market of medium voltage AC power distribution units in data centers is segmented into 7 key regions, namely North America, Latin America, Eastern Europe, Western Europe, Middle East & Africa, Asia pacific excluding Japan (APEJ) and Japan. North America, Western Europe and Latin America are anticipated to remain key market in the medium voltage AC power distribution units market by 2016 end. While, APEJ is expected to witness the high growth in the market due to rapid infrastructure growth and digitalization in countries like India and China.

Medium Voltage AC Power Distribution Units (PDU) Market in Data Centers: Key Players

Key players reported in the study of medium voltage AC power distribution units (PDU) market include CyberPower Systems, Eaton, Emerson Network Power, Raritan, Schneider Electric (APC), Server Technology, ABB (ASEA Brown Boveri) and others.

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

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Medium Voltage Ac Power Distribution Units Pdu Market In Data Centers

The medium voltage AC power distribution units market in data centers can be segmented on the basis of their type, power phase and power conversion type

On the basis of type, medium voltage AC power distribution units market can be categorized into

  • basic
  • metered
  • monitored
  • switched
  • others

On the basis of power phase, medium voltage AC power distribution units market can be segmented as

  • single-phase
  • three phase

On the basis of power conversion, the medium voltage AC power distribution units market can be segmented into

  • AC-DC
  • AC-AC

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Elaeis Guineensis (Palm) Fruit Extract Market is Likely to Register a CAGR of 6.1% During the Forecast Period 2022-2032

The  elaeis guineensis (palm) fruit extract  is projected to reach USD 59.08 billion in 2032, and is likely to surge at a CAGR of 6.1% during forecast period of 2022-32

The byproduct of extracting palm oil is elaeis guineensis (palm) fruit. There are several ways to extract the fruit of Elaeis guineensis (palm). Oil and bioactive compounds are the two main types of extracts found in Elaeis guineensis (palm) fruit.

In the market, there is a higher demand for its oil alone. Crude palm oil, elaeis guineensis (palm) fruit extract, and palm kernel oil are the three main categories for palm oil.

Fruit extracts from Elaeis guineensis (palm) are mainly used in the food, beverage, cosmetic, and pharmaceutical industries. Antioxidants found in Elaeis guineensis (palm) fruit extracts aid in natural skin toning. Using Elaeis Guineensis is thought to have the ability to slow down the ageing process (palm) extracts due to its antioxidant property

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A palm fruit contains tocochromanols in the range of 150-160 mg of and almost 30 mg of carotenoids. It is considered healthy for human body. Thus elaeis guineensis (palm) fruit extract has a significant usage in various industries including cosmetic, food & beverages etc. The supplements made from Elaeis Guineensis (palm) fruit extracts are believed to have skincare, and haircare property and also helps in reducing wrinkles & lines on skin.

Elaeis Guineensis (Palm) Fruit Extract Market: Market Dynamics

Consumer awareness of health and safety is rising sky high. Consumers are now focusing on products that are either natural or organic due to their growing knowledge. This has a significant impact on the market. Consumers today are searching for natural or organic food items, natural cosmetics, etc.

Manufacturers have been compelled to develop pertinent products or products with such ingredients due to the rising demand for natural or organic products. Customers favour using healthy oils for cooking and eating natural foods, among other things. Due to its health benefits, Elaeis guineensis (palm) fruit extract oil is being used more and more frequently across the globe.

Elaeis Guineensis (Palm) fruit extract is also growing in market due to its beneficial properties for human body whether it is skincare, haircare or for human health. Elaeis Guineensis (Palm) fruit extract contains healing agents, regenerating or revitalizing agents, antioxidants, anti-aging and anti-acne care properties which drives usage in natural cosmetic products. Due to the growing market demand, manufacturers are producing the Elaeis Guineensis (Palm) fruit extracts.

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Elaeis Guineensis (Palm) Fruit Extract Market: Regional Outlook

Changing lifestyle and growing health & fitness consciousness generate demand for natural and organic products across the world. Developed countries such as North America, Europe are the key countries are believed to have the highest rate of usage of Elaeis Guineensis (palm) fruit extracts. Europe’s higher cosmetic companies’ concentration have also drive the Elaeis Guineensis (ealm) fruit extract market for the particular region.

Asia Pacific is believed to have a significant growth rate for Elaeis Guineensis (palm) fruit extract companies due to the higher degree production of palm trees in Indoneisa and Malaysia. The end product demand is estimated to generate from China, Japan, India, Korea, and other countries in this region. Malaysia & Indonesia have more than 50% of the total palm production in the world. The Middle East & Africa is projected to contribute a significant share of the global market over the forecast period.

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Elaeis Guineensis (Palm) Fruit Extract Market: Key Players

Some of the major players in the Elaeis Guineensis (Palm) Fruit Extract market are Connoils USA, Oil Palm India Ltd., AMJ Indonesia, PT Global Interinti Industry, Soon Soon Oilmills Sdn Bhd, Mewah Group and others. These key market players are estimated to enhance the Elaeis Guineensis (Palm) fruit extract market growth with innovative product formulations and its launch.
KEY SEGMENT

Based on form:

  • Oil
  • Crude Palm Oil
  • Palm Kernel Oil
  • Bioactive Compounds

Based on extraction method:

  • Supercritical Carbon Dioxide
  • Aqueous
  • Solvent Extraction
  • Cold Pressed
  • Others

Based on nature:

  • Organic
  • Natural

Based on price:

  • High Range
  • Mid-Range
  • Low Range

Based on end use:

  • Cosmetics
  • Food & Beverages
  • Others

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Audio Processor Market : Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2028

The demand for low-power, low-cost, and highly programmable audio processors has recently increased dramatically as a result of recent developments in digital communications and pervasive computing. Digital signal processing innovations have made it possible to use audio processors in a variety of applications. High-performance options for mixing different audio signal processing, audio overlay, and noise reduction are provided by audio processors. Potential growth prospects for the audio processor market are being created by the quick rise in demand for wireless audio systems. Additionally, the market for audio processors is being driven by the quick development of smart voice processing and high definition audio quality. Additionally, one of the key drivers fueling the market’s rapid expansion is the rise in demand for audio processors for smartphones.

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In order to provide extensive voice processing functions in audio systems, audio processors are specially created. The market for audio processors is expanding as a result of an increase in their use in automobile infotainment systems. The market for audio processors is also expanding as a result of the growing demand for linked and intelligent audio systems.

Developments in digital infrastructure and the high demand for smart devices like smart TVs are among the main drivers of the market’s expansion. A few other key drivers propelling the audio processors market include the growing emphasis on digital signal processing technologies in consumer electronics products to accomplish digital transformation and improve audio quality.

In addition, the market for audio processors is anticipated to develop as more people access media and as the media and entertainment industry expands quickly. Additionally, factors contributing to prospective growth possibilities include ICT technology advancements, the growing market penetration of smart mobile devices, and the increasing demand for wireless audio systems.

However, among the significant obstacles that are projected to restrict the expansion of the audio processors market in the upcoming years are those linked to device compatibility. Additionally, one of the main obstacles to the expansion of the audio processor market is the lack of technological advancements as well as the low spending on research & development by numerous nations in Latin America and MEA.

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Competition Environment Key Participants

On Semiconductor Corp., Infineon Technologies AG, Rohm Co. Ltd., NXP Semiconductors N.V., Cirrus Logic, Knowles, STMicroelectronics, Texas Instruments Inc., Analog Devices Inc., Silicon Laboratories Inc., Synaptics, Dialog Semiconductor, and Asahi Kasei Microdevices are a few of the leading companies in the global audio processor market.

Geographic Overview

As a result of ICT improvements, the North American market for audio processors is currently expanding significantly. Due to the increasing demand for smart devices and the region’s technical breakthroughs, the North American audio processor industry currently accounts for the biggest market share in the worldwide audio processor market. The market in Asia Pacific (APEC) is anticipated to grow rapidly due to the region’s rising demand for wireless audio systems. In recent years, it has been seen that Asia Pacific nations have adopted more smart devices.

The global audio processor market can be segmented as:

Audio Processor Market Segmentation by Audio Processor Type:

  • Analogue Audio Processor
  • Digital Audio Processor

Audio Processor Market Segmentation by Distribution Channel:

  • Direct Sales
  • Indirect Sales

Audio Processor Market Segmentation by Application:

  • Media & Entertainment
  • Consumer Electronics
  • Automotive
  • Others

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Retail Printers and Consumables Market 2022 New Technological Development Projecting Massive Growth till 2032

The Global Retail Printers and consumables market is projected to grow at a healthy CAGR of 5.3% and 5.0%, respectively, in terms of value over the forecast period of 2017 to 2027 primarily driven owing to increasing application in end-use industry. Retail printers are electronic devices typically designed for printing of labels and receipts that are used within the retail space. Retail printers usually do not have programmable logic controllers of its own, but relies on an external system. Label and receipt printers are adopted for speedy and efficient printing of labels and receipts.

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These devices find applications in various industrial verticals like manufacturing, logistics, healthcare etc. However, its utilization in the retail industry overshadows all other verticals prompting the manufacturers to register long term tie ups with various small scale and large scale retailers. The consumables used within these printers are labels, ribbons and paper. Ribbons and labels are used in conjunction with label printers utilized exclusively to generate labels while paper is typically used to generate receipts at POS stations.

Global Retail Printers and Consumables Market: Future Outlook

The Global Retail Printers market is projected to grow at a 4.8% CAGR during 2016-2017. The global market for retail printers is poised to register a steady CAGR of 5.3% over the ten year forecast period to reach a market valuation of US$ 4689.4 Mn by end of 2027 while the global consumables market is expected to be valued at US$ 8,503.4 Mn in 2017 and is estimated to grow with a CAGR of 5.0% in terms of value. Product upgrades and aggressive marketing is the key strategy executed to preserve the growth of the market on a long-term basis.

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Global Retail Printers Market: Segmental Analysis

  • The global retail printers market is segmented based on its usage in different areas of application. By type, it is segmented into desktop retail printers, industrial retail printers, mobile retail printer and others. The relatively small others segment comprises of special application retail printers such as ticket printers and wristband label printers
  • Mobile retail printer segment is estimated to a value of US$ 1898.3 Mn by 2027 end. In terms of volume, Mobile retail printer and desktop retail printer segments are anticipated to produce 2,257 thousand units and 1,871 thousand units respectively by the end of 2027
  • By technology it is segmented by label printers and paper printers. On the basis of printing technology the most dominant is the thermal transfer sub segment while direct thermal sub segment dominates in the paper printer segment. The inkjet, impact and laser printing technologies are expected to be the least attractive of all the segments owing to high cost, slow operation and impracticality than the thermal segment

Global Retail Consumables Market: Segmental Analysis

The global consumables market is segmented by type, application and region. By type, the paper segment is expected to dominate the market throughout the forecast period with 41.0% share by the end of 2027. The Label type segment is anticipated to witness robust growth in terms of value and volume over the forecast period owing to increasing adoption of labelling in warehousing sector as well as online retailing and also implementation of labeling in businesses to maintain assets.

Global Retail Printers and Consumables Market: Regional Outlook

Asia Pacific and North America hold the highest market potential in the global retail printers market. The market is primarily driven owing to healthy growth from the perspective of disposable income & purchasing power and increasing retailing activity around the globe. However, limited compatibility with different operating systems is expected to be a restraining factor for the growth of market in these regions. Eastern Europe and Latin America are struggling with sluggish growth in the market owing to fragmented supply chain, hence growth prospects for the market for retail printers in these regions is limited.

Global Retail Printers and Consumables Market: Competitive Landscape

The report highlights some of the top companies operating in the global retail printers and consumables market such as Zebra Technologies Corporation, Honeywell International, Inc., Toshiba TEC Corporation, SATO Holdings Corporation, Avery Dennison Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id Technology Co., Ltd., Star Micronics Co., Ltd., Postek Electronics Co., Ltd., GoDEX International Co., Ltd., Citizen Watch Co., Ltd., Brother Industries, Ltd., Bixolon Co., Ltd., Pos-X LLC, Primera Technology Inc., CognitiveTPG, LLC, Seiko Holdings Corporation, Wasp Barcode Technologies, Cab Produkttechnik GmbH & Co KG, and  BlueBird, Inc.

These players are aware of the emerging technology called RFID (Radio Frequency and Identification) that could pose as a serious threat of replacing barcoding technology due to advantage of bulk data retention as opposed to single data retention of barcodes leading to faster scanning and data maintenance as well as elimination of line of sight scanning in RFID technology. Hence, prominent players are focused on implementing short term strategies by improving its existing product line up and introducing innovative features and wireless connectivity to sustain the growth of the global market.

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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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Automotive Plastics Market to Receive Overwhelming Hike USD 45 Billion in Revenues by 2032

According to the study at Future Market Insights (FMI), the global automotive plastic market is expected to secure US$ 28.5 Billion in 2022 and reach US$ 45 Billion by 2032. During the forecast period from 2022-2032, the market is likely to display a CAGR of 4.67%.

The growth of the market can be attributed to the manufacturers’ increasing focus on reducing vehicle weight. Players in the industry are taking various initiatives to strengthen their position in the market during the assessment period. For instance, in 2021, Covestro AG rolled out a new product, recycled Polyethylene Terephthalate (rPET).

The recycled PET has been optimized for 3D pellet printing. This technology is also called fused granulate fabrication (FGF). It allows for speedy and economically viable additive manufacturing of large-size parts.

Governments across the globe are focusing to curb emissions and introduce fuel economy regulations for vehicles. Implementations of such regulations have forced automotive OEMs to boost the application of lightweight materials like plastics. Advanced plastics aid in ensuring the fuel economy of a vehicle while assuring safety and performance.

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For instance, the U.S is regulated by the National Highway Traffic Safety Administration (NHTSA) and EPA. As per the regulations, the rule establishes standards that would demand an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in the model year 2026, by increasing fuel efficiency by 8% annually for model years 2024 and 2025 and 10% annually for the model year 2026.

On the contrary, safety issues associated with the consumption of plastic are expected to hamper the automotive plastic market during the forecast period. Ban on plastic application is projected to limit the industry for automotive polymers as they create disposable issues that harm the environment. Such factors are expected to hinder the market in the forecast period.

Key Takeaways from the Study:

  • The global automotive plastic market is expected to secure US$ 28.5 Billion by 2022
  • The global automotive plastic market is anticipated to display a CAGR of 4.67% by 2032
  • The global automotive plastic market is projected to hold a value worth US$ 45 Billion by 2032
  • China is expected to have claimed 69% of the global automotive plastic market revenue
  • The Interior Furnishing segment is likely to have claimed about 30% of the global automotive plastic market revenue in 2021

“Increasing demand for EVs and growing implementation of stringent rules to curb carbon emission are expected to benefit the market significantly during the forecast period,” says an FMI analyst.

Competition Analysis

Key players in the global automotive plastic market include LyondellBasell Industries Holdings B.V, Evonik Industries, BASF SE, Arkema Group, DuPont de Nemours, Inc., The Dow Chemical Company, Hexion Inc., Momentive Performance Materials, Hanwha Group, Saudi Basic Industries Corporation (SABIC), Formosa Plastics, Sumitomo Chemical Co., Ltd., Mitsui Chemicals, Inc., Zoltek, Covestro AG, and Eastman Chemical Company.

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Recent Updates from the Industry Include:

  • In May 2020, BASF rolled out the new styling polymer Luviset 360 which provides a flawless styling performance in six dimensions. The product is flexible, has a long-lasting hold, is strong, and has low flaking. It allows for new textures and supports anti-pollution claims.
  • In June 2021, LyondellBasell and Neste inked a long-term agreement under which LyondeBAsell will source Neste RE, a feedstock from Neste that is being manufactured from 100% renewable feedstock derived from bio-based sources like residual oils and fats and waste. The feedstock will be processed through the cracker at LyondellBasell’s Wesselling, Germany, plant into polymers and sold under the brand name of CicrulenRenew.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global automotive plastic market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Material Type (Polypropylene (PP), Polyurethane (PUR), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC), Polyamide (PA), Acrylic (PMMA etc.), Plastic Composites, Others), by Application (Interior Components, Exterior Components & Frame), By End Use (Conventional Vehicles, Electric Vehicles), & Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

About the Chemical and Materials at Future Market Insights

The chemicals & materials team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

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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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Reusable Nursing Pads Market Anticipated to Reach Market Valuation of US$ 4.74 Billion in 2032

The reusable nursing pads market is likely to register a CAGR of 1.9% during the forecast period, and is anticipated to reach a market share of US$ 4.74 Billion in 2032, from US$ 4 Billion in 2021.

Reusable nursing pads are medical accessories which are used to absorb leaking breast milk. It is mostly made from the cotton-like fabric which is worn inside the bra.

Reusable nursing pads are emerging as a viable solution for the mothers as it is preventing the reaching of the breast milk into the bra or clothes. The reusable nursing pads are mostly used during the last day of pregnancy.

Demand for reusable nursing pads is increasing as it offers comfortable solutions to the mothers. The organic bamboo fabric is increasingly becoming favorable to use for the manufacturing the reusable nursing pads as it associates with offering more absorption properties and are ultra-soft.

Other popular fabrics used for the reusable nursing pads are cotton and polymer. The prominent manufacturers of reusable nursing pads are also offering reusable nursing pads with latex and gluten-free properties.

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Rising popularity of nursing pads across the world is escalating the reusable nursing pads market growth

Reusable nursing pads market are driven due to its increasing awareness regarding its usage and characteristics of nursing pads across the globe.

Reusable nursing pads are gaining traction especially from the developing regions where consumer are progressively favoring the product. Leakage of breast milk is one of the major problems which are faced by mothers.

Reusable nursing pads have become a beneficial product approach for consumers to prevent the leaking of milk. The reusable nursing pads are one of the high growth markets under the breastfeeding products from the past few years, as it continues to reach out to the new consumers every day.

Moreover, the growing e-commerce platform in emerging economies is also one of the beneficial aspects of the growth of the reusable nursing pads market.The rise in internet penetration is playing a vital role in growing awareness of the reusable nursing pads.

This led to the growth in the sale of the reusable nursing pads across the inline platform.  Additionally, the highest quality standards offered by the manufacturers of the reusable nursing pads are also among the driving factor which is influencing the consumer regarding the buying of the reusable nursing pads.

Global Reusable Nursing Pads Market: Key Players

Some of the key players of reusable nursing pads market are

  • Medela Industries
  • Lansinoh
  • Johnson & Johnson
  • Bamboobies
  • Lily Padz
  • Kindred Bravely
  • Eco Nursing Pads
  • Mother Ease
  • Pigeon
  • Ameda

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Opportunities for Market Participants in the Reusable Nursing Pads Market-

Since the use of safe and high-quality pregnancy accessories are growing in the regions such as East Asia, South Asia and in Middle East & African countries, the market participants will be getting a beneficial opportunity in the global reusable nursing pads market during the forecast period.

The growing acceptance of nursing pads at a higher rate could boost the demand for reusable nursing pads mostly in developing countries. This is offering a better market scenario to the manufacturers in the global reusable nursing pads market.

However, South and East Asia are anticipated to exhibit the highest growth in the global reusable nursing pads market due to growing awareness regarding product among the middle-class population of these two regions.

COVID-19 disease outbreak is progressively becoming a major obstacle for the global economy. The fast-moving consumer goods industry is also facing several challenges due to this global pandemic such as reduced sales, disrupted supply-chain, and others.

However, some of the key products categories have a minimal impact such as reusable nursing pads. Nursing pads products are major need of the mothers which sale will not be affected so much due to this pandemic.

However, manufacturing of reusable nursing pads could face the minor break due to functioning of manufacturing facilities at low production scale. As the global economy is picking growth slowly, the effect would be minimized in near future.

Global Reusable Nursing Pads Market: Segmentation

By Basis of Nature:

  • Organic
  • Ordinary

By Fabric Type:

  • Cotton Nursing Pads
  • Bamboo Nursing Pads
  • Polymer Nursing Pads
  • Others

By of Sales Channel:

  • Hypermarkets/Supermarkets
  • Convenience Store
  • Specialty Stores
  • Online Retail

By Region:

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

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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.

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UV Tapes Market is Reaching US$ 1,168.9 Million at a Gracious Rate of 8.6% by the year 2032

The global UV tapes market is anticipated to create lucrative growth opportunities throughout the estimation period from 2022 to 2032 by showcasing a robust CAGR of 8.6%. The market size is estimated to be valued at about US$ 512.3 Mn in 2022 and is predicted to reach US$ 1,168.9 Mn by 2032.

According to the historical estimations, demand for UV tapes grew at a lightning-fast speed between 2017 and 2021. The consumption of UV tapes is uneven, considering the industries it serves and the demand ranging from electrical and electronics to building and construction sectors.

The demand for UV tapes is predicted to surge over the assessment period and is set to exhibit a CAGR of 8.6% between 2022 and 2032. Rapid inclination towards working from home is expected to drive the demand for electronic devices all over the world. In addition to that, it is also anticipated to further generate a high demand for semiconductor chips, therefore increasing sales of UV tapes.

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Key Takeaways

  • Surging demand for UV tapes is due to its reach in the electrical and electronics adhesives industry, along with in the semiconductor process, and is predicted to drive the global UV tapes market. As per the estimations published in the latest research report, it has been anticipated that the global UV tapes market is accountable for about 7-10% of the overall adhesive’s tapes market.
  • The UV tapes market is anticipated to benefit from the surging preference for propylene oxide (PO) and polyethylene terephthalate (PET) as carriers over PVC owing to their reduced environmental effect.
  • Compounds like PO and PET are capable of meeting the stringent environmental standards which are revolving around the production of integrated circuits and are easily recyclable, in comparison to the PVC (ICs). The market is also projected to grow owing to the increasing demand for acrylic adhesive products due to their exceptional adhesive strength.
  • Due to the rising use of static layers by manufacturers, the market is expected to develop at a lightening fast pace. These static layers also help in eliminating negative charges and safeguarding wafers from harm. Since wafer inspection materials are becoming increasingly sensitive attributing to their lower thickness these types of tapes are widely used throughout dicing and back-grinding applications, which is boosting the global market.
  • As per the reports by World Semiconductor Trade Statistics (WTSS), the global semiconductor demand is expected to witness a 13.9% surge in 2022. UV tapes play a crucial role in the semiconductor industry owing to their increasing utilization as a semiconductor manufacturing adhesive tape.
  • The internet of things (IoT) is projected to be yet another significant development area for semiconductors throughout the forecast period. Increasing demand for vehicles equipped with airbags, powertrain, telematics, and infotainment systems would also push sales of UV tapes.
  • Surging demand for bigger homes with modern and top-notch facilities is witnessed due to the surging inclination of consumers toward luxury living is anticipated to drive the need for electronics. Flashing tapes are gaining traction recently as they provide better all-around performance and longer lifespans.

Key Companies Profiled

  • BASF SE
  • Henkel AG & Company
  • The Furukawa Electric Co. Ltd
  • Mitsui Chemicals Group
  • AI Technology Inc.
  • Denka Company Limited
  • Ultron Systens Inc.
  • Nitto Denko Corporation
  • Lintec Corporation
  • Sumitomo Bakelite Co. Ltd.

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Competitive Landscape

Dominant players in the UV tapes market are focusing on adopting alternative distribution channels such as online platforms to strengthen their presence across various regions worldwide. Most of the key players in the market are concentrating on sustainability, whereas other industry players are paying more heed to expand their existing manufacturing sites in order to meet the high demand from the semiconductor industry.

UV Tapes Market Outlook by Category

By Product Type:

  • Polyolefin (PO)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Others

By Application:

  • Wafer Dicing
  • Back-grinding
  • Others

More Insights into the UV Tapes Market

China is expected to dominate the global UV tapes market since it is one of the leading producers of consumer electronics in the world. It is considered to be one of the largest electronics manufacturing ecosystems and supply chain management in the whole world. China is expected to garner over 150 million manufacturing employees and five times more electronic suppliers than Japan.

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Attributing to the advantages offered by UV tapes in the electrical industry, China is projected to create an array of opportunities in the market. The surging adoption of semiconductors in the automobile industry is yet another reason for the widespread consumption of UV tapes in China.

The automotive sector is projected to fuel economic growth in the United States. Increasing use of semiconductor chips in air conditioning systems along with radio touchscreen infotainment has gained rapid traction which would propel the demand for UV tapes in the U.S.

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 Us

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Geocells Market is Anticipated to Touch a Value of nearly US$ 242.25 Million in the year 2032

During the forecast period 2022-2032, the geocells market is expected to grow at a value of 6.1% CAGR, according to Future Market Insights. By the year 2032, the global market for geocells is expected to rise up to a market valuation of US$ 242.25 Million.

Geocells are robust, lightweight three-dimensional systems constructed of polymer film strands, sometimes known as geotextiles. These items are also known as cellular confinement systems. These geocells are new geosynthetic materials that increase the load carrying capacity and strength of the structure by up to five times.

The use of geocells reduces pavement thickness and vertical stresses significantly. These cells are used for a variety of purposes, including as channel and slope protection, extra load support, wall retention, and shoreline protection.

North America is expected to grow significantly in the geocell market over the projection time frame due to rigorous government regulations and policies, as well as rapidly expanding infrastructure. Due to rising demand for geocells in various developing economies such as India, Japan, China, and Malaysia, Asia Pacific is likely to grow rapidly and form the most lucrative market for geocells.

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Furthermore, significant infrastructure developments in the MEA are projected to contribute to growing demand. Europe is projected to have large demand because of rapid industrial expansion and improved government regulations, notably in its western region, which comprises Germany, France, Austria, and the Netherlands.

Due to their superior load bearing capabilities, manufacturers favor very lightweight and hard durable materials such as PP and HDPE. Furthermore, deployment across operations linked to earth reinforcement to bring in strong infrastructure provision is expected to be a major opportunity in the worldwide geocells market during the projection period.

Key Takeaways from the Market Study

  • In 2022, the global geocells market is estimated to have a global market size of US$ 134 Million.
  • By material type, the HDPE segment is expected to gain a 71.5% market share in 2022.
  • By application type, the channel protection segment is projected to acquire a global market valuation of 42% in 2022.
  • The North American market for geocells will expand with a market share of 39% in 2022.
  • The APAC geocells market is expected to grow with a 7.5% CAGR during the forecast period.
  • Europe is projected to grow with a 5.9% CAGR during 2022-2032.

“Extensive usage of geocells in water conservation programs, as well as the development of lightweight and nano-fiber-based geocells, are expected to drive market expansion across the forthcoming decade,” comments a Future Market Insights analyst.

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Key Companies Profiled

  • Presto Geosystems
  • Polymer Group Inc.
  • TMP Geosynthetics
  • Armtec Infrastructure Inc.
  • Strata Systems Inc.
  • PRS Mediterranean Ltd.
  • Maccaferri S.p.A.
  • ACE Geosynthetics
  • Miakom Group
  • Wall Tag Pte. Ltd.
  • Tensar International Ltd.
  • Bermuller & Co. GmbH
  • Greenfix Soil Stabilization and Erosion Control Limited
  • Tencate Geosynthetics
  • Admir Technologies
  • Polyfabrics Australasia Pty Ltd.
  • Low & Bonar
  • ABG Geosynthetics
  • Huifeng Geosynthetics
  • SABK International
  • Wrekin Products Ltd.
  • CeTeau Group.

Competitive Landscape

The market’s leading players rely heavily on product innovation and expanding their product portfolio. Aside from that, firms are pursuing tactics such as collaborations and acquisitions.

  • Bermuller & Co. GmbH is a well-known geosynthetic fabric company that provides one-of-a-kind transportation infrastructure solutions. BONTEC NW non-woven fabrics are available from the company and are utilized in earthworks, road construction, and construction management. These are utilized to filter soils that must be discharged during the construction phase while designing geocells.
  • Greenfix is a well-known soil stabilization and erosion control specialist, offering a comprehensive line of erosion prevention cellular confinement systems, including the well-known Geoweb® line. The Tree Root Protection System is one such solution, since it protects roots planted inside the top 600 mm of the soil’s surface layers by dispersing the load horizontally and thereby avoiding compaction.

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Key Segments Covered in the Geocells Market Report

Geocells Market by Application:

  • Slope Protection
  • Earth Reinforcement
  • Load Support
  • Tree Root Protection
  • Channel Protection

Geocells Market by Material Type:

  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Polyester
  • Other Polymeric Alloys

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 Us

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Makeup Remover Pen Market is Likely to Register a CAGR of 5% During the Forecast Period 2022-2032 | FMI

The makeup remover pen is likely to register a CAGR of 5% during the forecast period, and is anticipated to reach a market share of US$ 2.57 Bn in 2032, from US$ 1.5 Bn in 2021, due to shift towards organic and natural products.

Demand for makeup removal pen is high as a result of their unique ability to easily fix smudged eyeliner or lipstick. Other makeup remover solutions, on the other hand, are primarily used to remove rather than repair makeup, as they are intended to be used with makeup remover pads, which is why makeup removal pen are more efficient. As a result, sales of makeup remover pen have increased over the past few years.

Makeup Remover Pen Market: Market Dynamics

Makeup remover pen market will show a healthy growth as across the beauty industry, most of the cosmetic brands are turning to pen-shaped applicators and solid stick formats to offer mess-free on-the-go solutions to help consumers quickly perfect their look. Pen shaped applicator for makeup is trending as compared to other formats due to its easy application process such as eyeliner, lip color, and many more.

Makeup remover pen is trending and gaining popularity due to its unique property of easy to correct the makeup when it comes to smudged eyeliner or lipstick.

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However, other makeup remover liquids are mostly used to remove the makeup rather to correct because those liquids are to be used with makeup remover pads. Shift towards the organic and natural products is also one of the driving factor of natural and organic makeup remover pen market. Moreover, consumers are shifting towards convenience products which can be used quickly and easily.

APAC region is experiencing growth in personal grooming and cosmetic market. Consumers in the region including men are ready to experiment different products which is further driving the demand for such products in the market.

Makeup Remover Pen Market: Regional Outlook

The makeup remover pen market is expected to register a healthy growth across all the geographies during the forecast period. The beauty and personal care products are growing across the globe and likely to push market for makeup remover pen. The emerging economies are expected to create significant demand for makeup remover pen as there is lucrative growth in the beauty care product in the industry.

The South Asia and East Asia collectively represents a considerably high market growth for makeup remover pen, and the makeup remover pen market is expected to grow at a significantly high growth rate due to the increasing population and adoption of innovative products among youth.

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Makeup Remover Pen Market: Key Players

Some of the major players in the makeup remover pen market are Colorbar cosmetics pvt ltd, Maybelline Inc., Revlon, Lashfood Group, among others.

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

The Makeup Remover Pen market report covers exhaustive analysis on:

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

The Makeup Remover Pen regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

Makeup Remover Pen Market: Market Segmentation

The makeup remover pen market is segmented into different parts based on the nature, sales channel, end user and geography.

The Makeup Remover Pen Report Highlights:

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

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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