Market Research Blog

The chemistry 4.0 market is anticipated to grow from 70.82 billion USD in 2023 to 178.73 billion USD in 2033, with a projected CAGR of 9.7% over the forecast period.

The primary drivers of chemistry 4.0 market growths are the manufacturing sector’s rapid adoption of artificial intelligence (AI) and the Internet of Things (IoT), as well as rising consumer demand for industrial robots used in the production of pharmaceuticals and medical devices, increasing government investments in additive manufacturing and 3D printing, and expanding use of blockchain technology.

The need for robots has increased. Additionally, robots, which were formerly more expensive and had fewer possibilities, are now accessible tools that can do a range of tasks. Industrial robots, in particular, are commonly used by people all around the world.

According to a report on the most recent trends in the robotics industry, industrial robots are being used more frequently in production hubs, which has sped up their development, evolution, and improvement. This will probably encourage the growth of the chemistry 4.0 market.

Corporations in North America are adopting the idea of smart manufacturing more and more, and the area is predicted to rule the chemistry 4.0 markets. Europe had the second-largest market share for industry 4.0. To maintain its position in the international market, the European chemistry 4.0 markets have made enormous investments in technologies and expertise.

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Japan, China, and South Korea are navigating the Asia Pacific chemistry 4.0 market expansions thanks to their thorough approaches to adopting industrial automation and implementing new technologies in their production system value chain.

Key Takeaways

• An estimated USD 3,571 billion was spent on sales of chemistry 4.0.
• From USD 3,826 billion in 2021, sales decreased by 4.5% in 2021.
• Sales of chemistry 4.0 were accounted for by the BRICS (Brazil, Russia, India, China, and South Africa) countries at 50.5%.
• Rising Asian economies, particularly those in the Middle East, produced the majority of the sales of chemistry 4.0 in the fourth quarter.
• With USD 1,731 billion in sales of chemistry 4.0, China is the largest chemical manufacturer in the world.
• From 16.5% in 2010 to 12.3% in 2020, the United States’ share of global sales decreased.
• Over the same period, Japan’s chemistry 4.0 market share dropped from 6.8% to 4.1%.
• China now accounts for 44.7% of chemistry 4.0 market sales, up from 25.9% in 2010.

Competitive Landscape

The key companies of the chemistry 4.0 market are constantly on the lookout for effective ways to market their goods and consolidate their positions. One such tactic is to partner with other businesses to introduce new products in order to reach more end users.

Key Players

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Recent Development

Merger –

• After merging with DuPont in 2017, Dow Chemical became the largest chemical company in the world in 2018, dethroning BASF’s 12-year reign. But in April 2019, DowDuPont split into three separate businesses: Dow, DuPont, and Corteva Agriscience. In 2018, 18 different countries were represented, with more than half of the companies on the list having their headquarters in the United States, Japan, or Germany.
• ABB, Inc. and Nestle, Inc. joined forces in March 2021 to put monitoring software in candy factories. By working with leaders in the sector, the company is concentrating on growing its product offering.

Agreement

• Ansys, Inc. announced a technology agreement with LG Electronics, Inc. in November 2020 to develop a virtual learning portal that Ansys, Inc. has developed.

Purchase

• HMS Networks AB announced the purchase of WEBFactory GmbH in October 2020 to offer web-based software solutions for the Industrial Internet of Things.

Acquisition:

The acquisition of BabbleLabs Technology, Inc. by Cisco Systems, Inc. was announced for October 2020 with the goal of enhancing video meetings through the use of noise-reduction and speech-enhancement technology.

Key Segments

By Technology:

• IOT
• AI
• Automation

By Application:

• Consumer
• Enterprise
• Industry
• Construction
• Manufacturing

By Geography:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

4. Global Market Analysis 2017-2021 and Forecast, 2022-2032

to be continued…!

About FMI

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

Contact Us:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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According to a recent green ammonia market report by Future Market Insights (FMI), the green ammonia market is anticipated to advance at a phenomenal rate of 90% over the forecast period 2022-2032. At the regional level, the green ammonia market share has a small number of manufacturers.

The study on green ammonia market finds that the solar and wind energy have advanced at a higher pace than other renewable energy, thanks to rising investment and reduced power generation costs. The switch to renewables, productivity, and automation, and per the Global Renewables Outlook 2020, will drive socioeconomic development. As a consequence, rising green ammonia production and underlying storage requirements will push the green ammonia market forward.

The capital-intensive nature of green ammonia plants is a major hindrance to the market’s advancement. General ammonia manufacturers will not be able to move from traditional ammonia production to green ammonia production unless the cost of renewable energy and electrolyzers drops further, hampering green ammonia market growth.

The marine industry is undergoing a major transformation. The maritime industry is under pressure to reduce emissions by switching to cleaner energy sources, which is likely to be a pathway for green ammonia producers to capture more revenue.

The green ammonia market is segmented on the basis of technology into alkaline water electrolysis, proton exchange membrane, and solid oxide electrolysis. Amongst these green ammonia technology segments, the solid oxide electrolysis segment is anticipated to hold the largest market revenue of USD 496.38 Mn by the end of 2028, up from USD 7.89 Mn in 2019.

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The main problem with the adoption of green ammonia is a lack of awareness among chemical manufacturers. For the green ammonia production process, the largest chemical companies in China, Japan, and Russia continue to use natural gas steam methanation technology. With increased knowledge of electrolysis technology and lower costs of renewable energy generation, the market for green ammonia is likely to rise throughout the forecast period.

“The secret to meeting the dual concerns of growth and environment-friendliness of the twenty-first century is green ammonia. By switching to renewable electricity to make ammonia, CO2 emission of about 40 million tonnes of CO2 can be curbed in Europe alone and over 360 million tonnes worldwide. As a result, the green ammonia market prospect is high and lucrative.”, says FMI analyst.

KEY TAKEWAYS:

• By the end of 2028, the European green ammonia market is expected to have the largest market share and generate revenue of US$ 558.03 million, up from US$ 7.49 million in 2019, thanks to an estimated CAGR of 65.37% over the forecast period.
• The Netherlands is likely to have the largest market revenue of US$ 227.12 million in 2028, while Germany’s market is expected to grow at the fastest rate of 86.35% over the forecast period.
• In 2028, Asia Pacific is expected to hold the second-largest market share, with revenue potential of US$ 190.69 million.
• As per the green ammonia market trends during the forecast period, the alkaline water electrolysis segment in the Netherlands is expected to grow at the highest rate of 57.2%.
• In Europe, the solid oxide electrolysis segment is expected to generate the most revenue in 2028, with US$ 323.67 million, up from US$ 4.51 million in 2019.

Comparative View of Adjacent Green Ammonia Market

Attributes	Green Ammonia Market	Green Hydrogen Market	Ammonia Market
CAGR (2022-2032)	90%	60%	5.5%
Market Value (2026)	US$ 1.3 Bn	US$ 2.5 Bn	US$  100 Bn
Growth Factor	Rising adoption of carbon-free fuels to shift gaze to green ammonia.	Scramble towards green hydrogen to achieve 0% emission goals to drive positive market growth.	Growing demand from agriculture industry to translate into high sales.
Opportunity	Awareness about renewable energy generation to support growth.	Europe to remain a key green hydrogen market.	Increasing adoption in refrigeration and cooling systems.
Key Trends	Asia Pacific to remain expansion haven.	Government is extending hands to support production of green hydrogen.	Rise in the sales of ammonia for drug and vaccine development to offer opportunities.

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Competitive Landscape:

Several globally established green ammonia companies, including Siemens (Germany), NEL Hydrogen (Norway), ThyssenKrupp (Germany), ITM Power (UK), and McPhy Energy (France), lead the green ammonia market.

• MAN Energy Solutions, a mechanical engineering firm, announced plans to build an ammonia-fueled two-stroke engine for the marine industry in late 2019, and is in talks with Siemens for green ammonia supply.
• Equinor ASA, Norway’s state-owned oil firm, inked a deal with Eidesvik Offshore in January 2020 to modify its Viking Energy supply vessel so that it may travel long distances using carbon-free renewable ammonia.

MISC Berhad of Malaysia, Samsung Heavy Industries of South Korea, Lloyd’s Register of the United Kingdom, and MAN Energy Solutions of Germany announced a project to build an ammonia-fueled tanker in the next three to four years in January 2020.

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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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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As per the reports published by FMI, the global advanced polymer composites market is projected to register an average-paced CAGR of 5.9% during the forecast period. The current valuation of the market is US$ 11.12 Billion in 2022.

The value of the advanced polymer composites market is anticipated to surpass a valuation of US$ 19.73 Billion by the year 2032. A historical market valuation of US$ 10.5 Billion has been recorded by the experts of Future Market Insights during the base year.

FMI has analyzed that the rise in the production of electronic vehicles is leading to numerous research and development activities in the advanced polymer composites market. Beneficial avenues are getting unraveled for the leading companies.

In addition to that, the government support received by the aerospace and automotive industry is expected to spur the demand for composites. Recently, the French government announced a US$ 8.2 Billion rescue plan for the country’s automobile sector in the base year.

In order to reduce the weight of vehicles, advanced polymer composite materials are being heavily used in the aerospace and automotive sector. It is also resulting in the attainment of fuel efficiency of the vehicles due to reduced weight.

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Additionally, the corrosion-resistant properties of advanced polymer composites are keeping them in tandem with the end-use industry demands. They are further estimated to contribute to the market growth of the product during the forecast period.

However, high production cost and procurement of raw material is still a challenge, that is likely to pose threat to the market. Furthermore, the manufacturing process can take up a lot of time and is estimated to impede the growth of the market in the forthcoming years.

Key Takeaways from the Advanced Polymer Composites Market

• The advanced polymer composites market is estimated to move forward at an average pace, recording a CAGR of 5.9% through 2032.
• The carbon fiber composites segment by product type category is anticipated to accrue the largest market share during the period 2022-2032, advancing at an ACGR of 6.6%.
• The auto parts segment is estimated to surpass a market valuation of US$ 3.4 Billion by the end of the projection period.
• The advanced polymer composites market in Europe is anticipated to reach a market valuation of US$ 5.3 Billion by 2032.

“High performance, longevity, and cost-effectiveness of advanced polymer composites are likely to open up lucrative growth prospects for the manufacturers of these components.” – Says an FMI analyst.

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Competitive Landscape in the Advanced Polymer Composites Market

The advanced polymer composites market is identified to be highly fragmented and the major players are focussed on deploying organic and inorganic growth strategies to compete in the market. The biggies are heavily investing in research and development activities to make advances in the properties of these polymers for their further application in automobiles and aircraft, easing the job and cutting down costs for the suppliers in the aforementioned industries.

SGL Carbon SE, Kemrock Industries and Exports Limited, Solvay S.A., and Mitsubishi Rayon Co. Ltd. are some of the companies gaining traction in the market.

Recent Developments

• In July 2022, Arkema acquired Polimeros Especiales, a leading emulsion resin producer in Mexico. The planned acquisition will strengthen Arkema’s position in the fast-growing regional market.
• In June 2020, Solvay and Leonardo signed a supply agreement for 5 years through which Solvay is estimated to supply a wide range of market-dealing materials for Aircraft, Aeronautics, Electronics divisions, and Helicopters of Leonardo.
• In August 2019, BASF and Toray Advanced Composites signed a supply agreement for bringing an innovative tape technology that is intended for the automotive sector

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Key Segments in the Advanced Polymer Composites Market

By Product:

• Resin
  • Epoxy resins
  • Phenolic resins
  • Polyester resins
  • Others (PE, PP, PVC, PA etc.)
• Fiber
  • Carbon
  • Glass
  • Aramid
  • Others (boron fibers, ceramic fibers, etc.)
• Others (fillers, additives, modifiers, etc.)

By Application:

• Conductors
• Autoparts
• Tanks & pipes
• Aviation parts
• Boat building
• Wind blades
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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:

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 Wastewater Treatment Chemicals Market is currently valued at US$ 32.4 Billion and is anticipated to expand at a CAGR of 3.6% to reach US$ 46.15 Billion by 2032-end. Rising focus on wastewater treatment to limit environmental degradation to drive market growth.

The demand for wastewater treatment chemicals is majorly concentrated in municipal and industrial end-use due to the several uses of wastewater treatment chemicals in petrochemical, oil & gas, mining & metals, food & beverage, pharmaceuticals, semiconductors, thermoelectric power plants, and other industries for treatment of water for various purposes including manufacturing operations, cooling & heating systems, consumption, and many more.

Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water due to population growth are anticipated to drive the demand for wastewater treatment chemicals.

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Key Takeaways from the Market Study

• As of 2022, the wastewater treatment chemicals market was valued at US$ 32.4 Billion
• From 2022 to 2032, the wastewater treatment chemicals industry is poised to grow at a 3.6% CAGR
• By 2032, wastewater treatment chemicals are slated to reach a valuation of US$ 46.15 Billion
• By product, the polyaluminum chloride (PAC) segment is expected to dominate the market.
• China is poised to yield a CAGR of 2.5% with respect to wastewater treatment chemicals in 2032

“Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water to the rising population, are expected to radically transform the wastewater treatment chemicals market in the coming years,” comments an analyst at FMI.

Competitive Landscape

BASF SE, Nalco-Ecolab, Kurita Water Industries Ltd., Ion Exchange, Thermax, Carus Corporation, Hydrite Chemical, SNF Floerger, Cinetica Quimica , Suez Water & Process Technologies and Buckman are some of the key companies in the wastewater treatment chemicals market.

Companies operating in the market have been focusing on innovations. There is an immense focus on offering more efficient solutions depending upon evolving needs of end users. The global wastewater treatment chemicals market is considered fairly fragmented due to the presence of a numerous players. Besides this, collaborations have been a key strategy among market players as they aim at expanding regional footprint as well as their product portfolio.

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Some of the recent development in the market are as follows-

• In November 2022- Kurita Water Industries Ltd. and Fracta Leap Inc. announced the completion of the development and operational launch of a beta version^*1 of their application for automating the design of water treatment plant under their joint Meta-Aqua Project^*2, which aims to achieve digital transformation (DX) in the water treatment industry.
• In November 2022, Vision Invest and ADQ signed an agreement to acquire two hazardous industrial waste treatment plants of the Al Ruways complex from ADNOC Refining. With an annual capacity of nearly 70,000 tonnes, these plants currently treat most of ADNOC’s industrial hazardous waste.
• In October 2022- Ecolab, Inc., and Siemens announced a strategic partnership that will help customers accelerate their progress toward sustainability and productivity goals. Together, the companies are launching Climate Intelligence, powered by ECOLAB3D™ and Siemens gPROMS, which is a new innovative solution that allows customers to virtually model different scenarios across their water and energy systems to identify opportunities to conserve water and power while also lowering their greenhouse gas emissions.

More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of wastewater treatment chemicals market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the wastewater treatment chemicals Market Analysis Report by Product (Alum [aluminum sulfate], Polyaluminum Chloride [PAC], Aluminum Chlorohydrate [ACH], Sodium aluminate, Ferric chloride, Ferric sulfate, Ferrous sulfate, Ferrous chloride), By Application (Municipal Corporation [Sewage Treatment, Garbage Treatment], Industrial [Agrochemicals, Food & Beverage, Iron & Steel, Mining, Power Generation, Pulp & Paper, Oil & Gas, Pharmaceutical, Chemical]), By Region – Global Forecast 2022-2032

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

to be continued…!

About FMI

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

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
LinkedIn| Twitter| Blogs

According to Future Market Insights, the global N-Propanol Market is expected to grow from US$ 308.6 Mn in 2022 to US$ 420.6 Mn by 2032, with overall demand surging at 3.1% CAGR throughout the forecast period. Rising demand for paints, coatings, pharmaceuticals, etc. across the world is a key factor expected to drive the global market for n-propanol during the forecast period.

In recent years, end-use industries for n-propanol, including coating, food, and beverages, cosmetics, automotive, pharmaceutical, and construction have been growing at a global level. Most of these industries utilize n-propanol for various applications. Thus, expansion of these industries across the globe, especially in developing nations such as China and India, will play a crucial role in driving the global n-propanol market during the forecast period.

Similarly, growing demand for alternative fuels to conventional ones is expected to boost sales of n-propanol during the projection period. As renewable transportation fuels, liquid multi-carbon alcohols like n-propanol are a desirable option. They are simple to carry across large distances, have great energy densities, and can be used directly in place of conventional internal combustion engines. It is desirable to have engineering catalysts that prefer high-value alcohols.

In addition, increasing investment flow in this space and a rise in drug approvals by regulatory bodies are expected to fuel the drug manufacturing procedures, which in turn will positively impact the global n-propanol market.

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Despite several promising growth potentials, the market is currently facing several difficulties which are anticipated to limit the growth potential. Environmental regulations, particularly in the chemical sector, are becoming stricter when it comes to the usage of chemically treated products that are also linked to the development of risks when used close to people. This might serve as a barrier for the global market during the forecast period.

“Consistently growing demand from end-use industries, particularly coatings, chemicals, and pharmaceuticals is expected to drive the global n-propanol market swiftly over the next ten years,” says a lead analyst at FMI.

Key Takeaways from N-Propanol Market Study

• The global n-propanol market is estimated to expand at 3.1% CAGR on a value basis through 2032.
• By application, solvents segment is estimated to create an incremental $ opportunity of about US$ 60.5 Mn during the forecast period (2022-2032).
• Based on end use, pharmaceuticals and coatings segments will generate maximum revenues throughout the forecast period.
• North America and Europe are expected to collectively hold around 35.8% of the overall market share.
• The U.S. is a prominent importer of n-propanol with an estimated import volume of 35,146.5 tons of n-propyl alcohol.
• Demand for n-propanol across China is expected to grow at a steady pace over the next ten years.

Who is Winning?

The n-propanol market is highly consolidated in which key players are expected to account for a major share of the market. Some of the top manufacturers include BASF SE, The Dow Chemical Company, Eastman Chemical Company, Sasol Limited, OQ Chemicals, Spectrum Chemicals, Solvay S.A., Dairen Chemical Corporation, Zibo Nalcohol Chemical Co., Ltd., Solventis Ltd., and Hefei TNJ Chemical Industry Co., Ltd.

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Key players are focusing on increasing their production capacity to expand their footprint all over the globe and to gain traction in the market. Further certain key players are focusing on investing in n-propanol production owing to a significant increase in the demand from the coating industry.

For instance, On July 29, 2021, BASF SE announced a joint R&D initiative with Eni to reduce the CO2 footprint of the transportation sector. The companies collaborated to develop sustainable technology to produce bio-propanol from industrial residues.

More Insights into the N-Propanol Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global N-propanol market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented into application, end use, and region.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Intermediates Innovation / Development Trends

4. Key Success Factors

to be continued…!

About FMI

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

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
LinkedIn| Twitter| Blogs

The global mining explosives consumables market is anticipated to expand at a CAGR of 5.5% during the forecast period, finds Future Market Insights (FMI) in a recent analysis. Growing focus to reduce consumption of industrial explosives in mining of iron ore, coal, and other minerals is expected to remain a key growth driver for the market.

Mining explosives consumables are extensively used in the mining industry along with industrial explosives to decrease the powder factor of rocks. These consumables are also used to enhance the impact of explosives on the rocks by creating immense pressure with the help of the air deck.

Substantial use of industrial explosives for the mining of iron ore, coal, phosphate rocks, gypsum, bauxite, and other metals & quarries is expected to fuel demand. These consumables not only reduce the amount of explosives used but also help to reduce the carbon footprint of numerous mining companies.

Rising metal mining activities like lithium, cobalt, and others would create ample opportunities for key manufacturers. They can target specific regions with high mining potential to bolster their annual turnover. East Asia and South Asia Pacific regions are projected to dominate the global market owing to high mining activities.

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Key Takeaways: Mining Explosives Consumables Market

• The mining explosives consumables market witnessed steady growth at 6% CAGR during the historical period between 2017 and 2021.
• By type, gas bags are estimated to witness considerable growth at a CAGR of 6% in the next ten years.
• Based on application, the coal mining segment is expected to account for more than two-third of the overall consumption volume of mining explosives consumables in the next ten years.
• Australia is expected to account for around 50% of mining explosives consumables demand in the South Asia Pacific region during the assessment period.
• The global mining explosives consumables market is set to be valued at around US$ 131.2 Mn by the end of 2022

Competitive Landscape: Mining Explosives Consumables Market

Key participants operating in the global mining explosives consumables market included in the report are MTI Group, Ideal Supply Inc., Stemlock, Inc., Australasian Mining Services (Pty) Ltd., PR Polymers, Layfield Group. Ltd., TIME Limited, Blasters Tool & Supply Co., Inc., Sarco Stopper Ltd., and Better Blasting among others.

Key market participants are investing in the expansion of their installed capacity, as well as global presence. Market players are also heavily involved in research and development activities to innovate their products and strengthen their product offerings. With the growing requirement for application specific products, key players are set to be benefited with strengthening of their product portfolios.

For instance:

• The KOOLKAP Down-Under Bags, which were developed to withstand Australia’s severe weather conditions, are well suited for usage everywhere in the world and deliver exceptional performance even at elevations of over 4,500 meters.

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Mining Explosives Consumables Market Outlook by Category

By Type:

• Gas Bags
  • Vinegar Gas Bag
  • Inflated Gas Bags
  • Self-inflating Bags
  • Others
• Accessories
  • Pin Flags
  • Solar Lights
  • Cone Sleeves
  • Blast Hole Liners
  • Others

By Application:

• Iron Ore Mining
• Coal Mining
• Bauxite Mining
• Phosphate Rocks
• Others

Related Links:

https://www.slideshare.net/FrancisGreene1/biopharma-plastics-market-size-share-demand-trends-by-2033

https://www.mediafire.com/file/347xjzu9nmop32r/Biopharma+Plastics+Market.pdf/file

https://www.pearltrees.com/futurechemical/item489552925

https://theamberpost.com/post/biopharma-plastics-market-size-share-demand-trends-by-2033

https://likefm.org/blog/biopharma-plastics-market-size-share-demand-trends-by-2033

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:

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 U.S. and Canada market for pre-painted steel roofing & cladding is anticipated to reach a value of US$ 2,756.0 Mn by the end of the forecast period. Due to the variety of design benefits and maintenance benefits, it can provide over the course of a building’s lifespan, pre-painted steel has grown to be one of the most popular building envelope solutions globally. Pre-painted steel is a widely used building material for industrial and commercial projects, as well as public sector buildings and better aesthetic developments, and is frequently chosen for its color options and cladding design options.

Color-coated steel is another term for pre-painted steel. This steel is primarily used in the roofing and cladding industries. Pre-painting is a one-of-a-kind process in which steel coils are cleaned, pre-treated, and then painted with inorganic or organic paints. Depending on the product, one or both sides can be primed and coated. This paint protects the steel from atmospheric corrosion while also increasing its strength and durability.

Steel roof panels have a significant advantage over other roofing materials in terms of longevity. In contrast to asphalt shingles, which trap heat inside, pre-painted steel roofing radiates it outside. Buildings with adequate insulation and ventilation remain warmer in the winter and cooler in the summer, reducing heating and cooling costs. Pre-painted metal has a wide range of aesthetic possibilities, especially when used for metal wall and roof panels in newly constructed or remodeled buildings.

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 “Growing demand for roofing & cladding solutions, from the end uses such as residential & non-residential sectors is expected to propel the market growth.”

Key Takeaways:

• The U.S. and Canada market for pre-painted steel roofing & cladding is projected to witness a CAGR of the magnitude of 6% between 2022 and 2032.
• The United States is expected to reach about US$ 2,462.1 Mn by end of the year 2032.
• By product type, pre-painted steel roofing is expected to remain one of the fastest-growing segments and is further estimated to expand at a CAGR of 4.7% during the forecast period.
• By application, the new construction segment is anticipated to remain a key segment for the consumption of pre-painted steel roofing & cladding and is estimated to account for more than 85% of the overall consumption for the year 2022. 

Competitive Landscape

The  U.S. and Canada Pre-Painted Roofing & Cladding Market have a presence of numerous small-scale players along with some prominent key players. Key Players are closely involved in developmental activities such as acquisition, product launches & investments. Key Players are closely involved in developmental activities such as acquisition, product launches & investments.

According to FMI analysis, Arcelor Mittal, ATAS, Englert Inc., Tata BlueScope Steel, Western States Metal Roofing, Flexospan Steel Buildings, Inc., Shandong Linxu Materials Co., Ltd., National Cladding Wales, THOMAS PANELS & PROFILES, Scotia Metal Products, ExSteel, Coastal Metal Service, Duchesne, Agway Metals Inc., Westman Steel Industries and others are identified as the key manufacturers in the Pre-Painted Steel Roofing and Cladding market.

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For instance

• In 2020, Westman Steel acquired Scotia Metal Products Inc. to establish a production plant in Halifax, Newfoundland, and expand into Atlantic Canada.
• In March 2017, Westman Group Inc. acquired a majority stake in Eagle Mountain Structural Insulated Panel Systems (new name: Artspan). Artspan is an industry-leading manufacturer of structural insulated steel panel products.
• In May 2020, Duchesne announced the introduction of three new steel profiles to its LCD steel siding product line: LCD 6, LCD 8, and LCD 11. Also, Deep Grey 28314 was added to the Duchesne Steel color offer. This color will be available in both siding and roofing.

Pre-Painted Steel Roofing and Cladding Market Segmentation

By Product Type:

• Steel Roofing
• Steel Cladding

By Resin Chemistry:

• Roofing
  • PVDF
  • SMP
  • Polyester
  • Acrylic
  • Epoxy
  • Others
• Cladding
  • PVDF
  • SMP
  • Polyester
  • Acrylic
  • Epoxy
  • Others

By Design:

• Roofing
  • Standing Seam Panels
  • Corrugated Panels
  • PBR Panels
  • Western Rib Panels
  • Others
• Cladding
  • Standing Seam
  • Snaplock
  • Interlocking
  • Flatlock and Shingle
  • Cassette
  • Others

By Color:

• Roofing
  • Matte Black
  • Charcoal Gray
  • Medium Bronze
  • State Gray
  • Regal White
  • Mansard Brown
  • Coloniel Red
  • Copper Metallic
  • Others
• Cladding
  • Matte Black
  • Charcoal Gray
  • Medium Bronze
  • State Gray
  • Regal White
  • Mansard Brown
  • Coloniel Red
  • Copper Metallic
  • Others

By Application:

• Remodeling & Renovation
• New Construction

By End Use:

• Residential
• Non-residential

Related Links:

https://nitrostrengthbuy.copiny.com/idea/details/id/106097

https://sharekaro.online/blogs/14356/Biopharma-Plastics-Market-Size-Share-Demand-Trends-by-2033

https://www.pickmemo.com/read-blog/110864

https://www.otherarticles.com/business/business-ideas/202101-biopharma-plastics-market-size-share-demand-trends-by-2033.html

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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