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The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2021 and market forecast for 2022 – 2029. The study observes the odour control system market and offers detailed perceptions for the forecast period of 2022-2029. According to the analysis and study done in the report, the global odour control system market is anticipated to observe prominent progress, due to increasing adoption in the chemical industry.

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The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights.

The global water treatment market is expected to grow due to increased demand for potable water, changing government regulations, and increased awareness of the negative impact of untreated water.

Several key drivers are expected to fuel the growth of the global water treatment market during the forecast period, according to the report. Growing awareness of the dangers of impure water consumption, a steady increase in demand for fresh water, the adoption of water treatment systems, and demand for quality water from the domestic and industrial sectors are among the notable driving forces.

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The increase in the adoption of new technologies along with focus on R&D will play an instrumental role in shaping the overall growth of the water treatment market in 2019 and the coming years. Further, established players operating in the water treatment market are likely to increase investments in R&D activities, focus on the development of innovative water treatment systems, and offer cost-effective solutions.

In addition, existing players pushing for product innovation, collaborations with EPC companies and local municipalities, development of patented technologies and high capacity treatment systems are likely to gain a competitive edge in the current industry landscape.

East Asia Emerges as a Promising Region for Market Growth

In the current scenario, North America and MEA are expected to dominate the global water treatment market in terms of market share. However, the report suggests that the market in East Asia will witness a commendable growth through the forecast period 2019-2029. Currently, the market value of the water treatment market in East Asia is ~ US$ 10,065.6 million and expected to reach US$ 24,376.9 million by the end of 2029 growing at a CAGR of around 9.2% throughout the forecast period. The growth is projected to be primarily driven by focus on enhancing water quality and striking a balance between the demand and supply ratio.

Furthermore, the economies of East Asian countries such as China, South Korea, and Japan have shown a steady growth in recent years. Macro-economic parameters including rapid urbanization, growing population, and positive investment patterns have boosted investments in the housing and municipality projects in the region. Other factors such as lack of quality water treatment infrastructure and growing water scarcity have led to a noteworthy increase in the spending to upgrade water treatment facilities in the region.

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Evolving Government Regulations Expected to Shape the Future of Water Treatment

According to the FMI report, in the current scenario, the high demand for chemical-free water is projected to be a key driver of the global water treatment market. Government regulations revolving around water treatment policies are expected to focus on the impact of untreated water on the environment. The evolving government regulations has encouraged market players to focus on the development of eco-friendly water with innovation and adoption of new technologies.

According to the FMI analyst, “The growing demand and focus on chemical-free water has certainly opened up new opportunities for the existing market players. Further, the demand for environment-friendly water will lead to an increase in process water treatment systems in the forecast period.”

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Palletizing robots are a kind of equipment that help in the automatic compiling of various kinds of products on a pallet. The global palletizing robots market is slated to touch a value of about US$ 1,500 Mn in the year 2022 and display a robust CAGR during the assessment period.

Pallet wrapping functions are an important part of the workflow at the end of the packaging line, before the product gets transported and distributed to different places. Due to the advancements in the field of robotics, more advanced forms of palletizing robots have emerged, that can lift heavy weights and can even lift products from a greater height due to their long arms.

Also, hybrid palletizing robots have been developed, that have a simple user interface and can be operated easily, besides being cost effective and efficient to use. Such kind of hybrid palletizing robots can even handle complex tasks like the handling of delicate products. With the ongoing technological innovations in this field, palletizing robots that can operate at increased speeds and deliver high quality work.

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4 Forecast Highlights on Global Palletizing Robots Market

• As per the forecast of Future Market Insights, the bag palletizing segment is slated to touch a value of more than US$ 600 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. The bag palletizing segment is estimated to account for more than one-third of the revenue share of the machine type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
• As per the forecast of Future Market Insights, the pharmaceutical segment will reach a value of about US$ 96 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The pharmaceutical segment is forecasted to account for more than one-tenth of the total revenue share of the end use type segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
• As per the forecast of Future Market Insights, the consumer products segment is slated to reach a value of about US$ 350 Mn in 2022. The consumer products segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the APEJ region in the consumer products segment.
• Future Market Insights forecasts the China palletizing robots market to exhibit a compound annual growth rate (CAGR) of nearly 16% from 2017 to 2022.

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The report has also included the profiles of some of the leading companies in the palletizing robots market like KUKA AG, DAN-Palletiser AS, ABB Limited, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Brenton, LLC, Fanuc Corporation, Remtec Automation, LLC, YASKAWA Electric Corporation and Krones AG.

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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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According to the report, the global terephthalic aldehyde market is expected to witness -3.8% CAGR from 2018 to 2028. While the market currently values worth US$ 16,129,832.3 it has been projected to go down and reach US$ 4,342,866.7 by the end of 2028.

The leading companies functioning in the global terephthalic aldehyde market are Haihang Industry Co., Ltd., Wuhai Xinye Chemical Co., Ltd., Dalian Richfortune Chemicals Co. Ltd., Alfa Aesar, Hebei Xingyu Chemical Co., Ltd., and Tokyo Chemical Industry Co., Ltd.

Future Market Insights (FMI) has published a new report on terephthalic aldehyde, which has been titled, “Terephthalic Aldehyde Market: Global Industry Analysis 2013-2016 and Opportunity Assessment 2018-2028.”  According to the report, the global market for terephtahlic aldehyde is on the verge of downfall owing to the amount waste water being generated from the production of only one tonne of terephthalic aldehyde.

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It has been considered uneconomical by a handful of players in the market owing to its expensive nature as well as lack of proper infrastructure in order to treat colossal amount of waste water. Moreover, owing to the government regulations across the globe, the production of terephthalic aldehyde has been halted by a majority of key companies in the global marketplace.

The world is observing an insufficient supply of terephthalic aldehyde, principally caused by the enforcement of ‘Environmental Protection Tax Law’ in 2016 in China. The policy required producers to install proper waste management facilities and levied heavy punishments and penalties on the companies, waning to comply with the mandated regulatory standards.

These regulations interrupted the production facilities of terephthalic aldehyde, resulting in to abridged productivity, creating a huge variation between demand and supply. This has led to high vulnerability in the global market, leaving the end users obligated to look for other alternate materials or production technology in order to meet the industry demand.

The scope of application and use of terephthalic aldehyde has expanded over the years to various end-use industries. It is mainly used for the production of optical brighteners and photo-polymers. It is also an important intermediate in the synthesis of medicines, dyes and perfumes.

Though terephthalic aldehyde is a small volume product, it is projected to profit from macroeconomic industrial growth, predominantly in end-use sectors where it finds its niche applications. The macroeconomic factors are projected to underpin end-user industries, such as textile, personal care, paper and pulp, and pharmaceutical, which in turn would create the demand for terephthalic aldehyde.

Further, the uniqueness of terephthalic aldehyde in niche applications proves to be a vantage point. As per various industrial sources, the dearth of the alternatives in optical brightener application is the main factor driving its demand globally.

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Use in Other Applications along with Optical Brightener to Open Future Prospects

The scope of application and use of terephthalic aldehyde has expanded over the years to various end-use industries. It is mainly used for the production of optical brighteners and photo-polymers. It is also an important intermediate in the synthesis of medicines, dyes and perfumes.

Though terephthalic aldehyde is a small volume product, it is projected to profit from macroeconomic industrial growth, predominantly in end-use sectors where it finds its niche applications. The macroeconomic factors are projected to underpin end-user industries, such as textile, personal care, paper and pulp, and pharmaceutical, which in turn would create the demand for terephthalic aldehyde.

Further, the uniqueness of terephthalic aldehyde in niche applications proves to be a vantage point. As per various industrial sources, the dearth of the alternatives in optical brightener application is the main factor driving its demand globally.

Market Taxonomy

The global terephthalic aldehyde market has been segmented into:

By Application

• Optical Brightener
• Polymers
• Pharmaceutical Intermediates
• Others

By Grade

• Pharma/Super Grade
• Technical Grade

Economically, terephthalic aldehyde is mainly manufactured by the chlorination and subsequent hydrolysis of p-xylene; the production process involves highly toxic chlorine gas for chlorination and requires a large volume of nitric acid during the oxidation process.

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Frequently Asked Questions

• How is the Terephthalic Aldehyde Market Growing?
• Which Region Holds the Highest Revenue Potential in the Terephthalic Aldehyde Market?
• What is the Future Scope of Growth for the Terephthalic Aldehyde Market?
• What is the Current Terephthalic Aldehyde Market Size?

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Valuable insights on the global scenario of process automation and instrumentation have been put forth in a structured order based on a recently carried out research on process automation and instrumentation market. Future Market Insights in its new publication titled “Process Automation and Instrumentation Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” has covered several key players, trends, growth drivers, opportunities, developments and restraints across several key geographies of North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, Japan and Middle East and Africa (MEA). On the basis of a systematic research process and a detailed market segmentation, current and future projections up to ten years, from 2017 to 2027, with respect to value are drawn to deliver valuable acumen about the global market scenario.
Global Process Automation and Instrumentation Market: Forecast
The global process automation and instrumentation market is anticipated to grow at a significant growth rate throughout the period of forecast of 2017-2027. The global process automation market and the global process instrumentation market collectively are estimated to reach a value of about US$ 174 Bn by the end of 2027.

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The global process automation market is expected to witness robust growth during the assessment period and is poised to register a CAGR of 6.0% throughout the 2017-2027 period. By the end of 2027, the global market for process automation is estimated to be valued at about US$ 153.6 Bn from a value of US$ 85.5 Bn in 2017. The global process instrumentation market is projected to grow at a CAGR of 5.8% during the 2017-2027 assessment period. By the end of 2027, the process instrumentation market is estimated to reach a market evaluation of about US$ 20.5 Bn.
Global Process Automation and Instrumentation Market: Influencing Factors
The global process automation and instrumentation market is being driven by several aspects in the market. Some of them are rising presence of process industries that which need process automation and instrumentation, rising focus on automation with a view to increase speed, quality and overall productivity and reduce errors, rising oil and refineries industry, significant demand for automation in the chemical industry, competitive environment prevalent in various regions, rising awareness towards digitalization and technological innovation, rising ethernet and internet technologies in control systems on mining and oil and gas plants, the increasing urge to maintain safety standards, rising demand for process automation in the utilities sector and rising awareness of digitizing oil and gas platforms.

Global Process Automation Market: Segmental Insights
The global process automation market is segmented by solutions (PLC, DCS, SCADA, HMI, APC, MES, and Safety Automation), application (chemical, metal & mining, food & beverage, oil & gas, pharmaceutical, power, pulp and paper, wastewater treatment and others) and region.

By application type, the wastewater treatment and pharmaceutical segments are anticipated to grow at same and higher rates throughout the assessment period, however pharmaceutical segment is estimated to show a high market valuation by 2027 end. The chemical segment is likely to dominate the global process automation market by application to reflect a value of around US$ 21.3 Bn by 2027 end

PLC segment by solution type is expected to dominate the market with a high lead in valuation and is estimated to reach US$ 41.7Bn by the end of 2027. APC segment shows highest growth rate throughout the period of forecast. The SCADA segment shows high potential during the 2017-2027 period

North America region is poised to lead the global market with respect to market value, followed by Asia Pacific excluding Japan and Western Europe. Middle East and Africa region poised to grow at a high 6.8% CAGR throughout the period of assessment

Global Process Instrumentation Market: Segmental Insights
The global process instrumentation market is segmented by instrument type (transmitter, flow meters, analysers, controllers, recorders, switches and vacuum instruments), application (chemical, metal & mining, food & beverage, oil & gas, pharmaceutical, power, pulp and paper, wastewater treatment and others) and region.

By region, North America dominates the global market growing at a moderate CAGR during 2017-2027 period. MEA region in this market also shows highest growth rate to reflect a CAGR of 6.4% throughout the assessment period

Oil and gas and others segment by application, poised to show significant market estimations with a moderate growth rate throughout the period of assessment. Pulp and paper and wastewater treatment segments poised to grow at a same growth rate to register a 6.9% CAGR during the forecast period

By instrument type, the transmitter segment is the largest segment and is anticipated to reflect a high value estimate of about US$ 5.8 Bn in 2027, followed by vacuum instruments segment. The vacuum instruments segment is anticipated to grow at the highest rate to register a CAGR of 6.1% throughout the period of forecast, 2017-2027

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Global Process Automation and Instrumentation Market: Competitive Scenario
The global process automation and instrumentation market research report has profiled several key players involved in the market. Few of them are ABB Limited, Endress+Hauser Management AG, Emerson Electric Company, Mitsubishi Electric Company, Rockwell Automation Inc., Siemens AG, Pepperl+Fuchs GmbH, HollySys Automation Technologies Ltd., Schneider Electric SE, Honeywell International Inc., Yokogawa Electric Corporation, R. STAHL AG, Bosch Group, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Oxford Instruments Plc., Forbes Marshall Pvt. Ltd., Parker Hannifin Corp. and Danaher Corp.

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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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Expected to reach the value of US$ 450 Mn by the end of forecast period (2022 – 2029), global pharmaceutical grade sodium chloride market will witness a strong CAGR. A new Future Market Insights (FMI) report analyzes that over the recent years there, has been a significant increase in demand for pharmaceutical grade sodium chloride owing to its application in the treatment of chronic kidney disease (CKD).

Hemodialysis is one of the applications, which significantly contributes to increasing demand for pharmaceutical grade sodium chloride. Multiple pharmaceutical applications such as saline drips, contact lenses solutions, and ORS solutions seek pharmaceutical grade sodium chloride as an important raw material for vital medical solutions such as aqueous isotonic injection of dextrose, solution for surgical recovery, and intravenous therapy solution.

Low-income countries, majorly from the Middle East & Africa, are dependent on organizations such as WHO and UNICEF for supplements. To strengthen supply to these economies, UNICEF has openly extended support to governments to scale-up their ORS circulation by promoting quality co-packaged ORS and ensuring a secure and functioning program.

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Key Takeaways – Pharmaceutical Grade Sodium Chloride Market Study

• In the medical sector, pharmaceutical grade sodium chloride consumption is dictated as per authoritative organizations, resulting in a number of manufacturers obtaining Good Manufacturing Practice (GMP), FDA and other certifications to adhere by the guidelines of safe manufacturing as well as utilizations.
• Applications of pharmaceutical grade sodium chloride continue to diversify in treating array of diseases such as gastrointestinal disorders, diabetes, and cancer of blood and kidney has been registered over the past decade, resulting in a nearly 40% increase in demand for pharmaceutical grade sodium chloride-containing medical solutions over the period of 2009-2019.
• Developed countries such as the U.K., the U.S., Germany, China, and others have been self-reliant on manufacturing medicines and solutions to treat chronic kidney diseases (CKD).

Who is Winning Competition?

The market is heading towards consolidation as key manufacturers are opting for inorganic techniques; however, multiple potential manufacturers are coming up as response to increased demand in recent years. To establish presence globally, new players have to be leaders in the local market first.

Some key participants mentioned in the pharmaceutical grade sodium chloride market report are K+S Group, Akzo Nobel N.V., Dominion Salt Ltd, Morton Salt LLC, and Tianjin Changlu Haijing Group Co., Ltd., among others

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Key players are constantly enhancing their manufacturing capabilities by expanding and enhancing existing processing facilities and products, along with investments in the research & development sector to expand their product portfolio and acquire relatively smaller players and increase production capacities.

Furthermore, players in emerging markets are focusing on rapid business expansions and increasing value-additions in their product offerings.

Pharmaceutical Grade Sodium Chloride Market By Category

By Type:

• API-NaCl
• HD-NaCl

By Application:

• Injections
• Hemodialysis
• Oral Rehydration Salts
• Osmotic Agents
• Others

A Sneak Peek into the Future Outlook of Market

There has been a significant growth in investments towards R&D in the Asia Pacific region from tier-2 and tier-3 players. The market is expected to remain highly consolidated and is expected to open new opportunities in the future.

Moreover, the growth of end users such as pharmaceutical, healthcare, and tablet & film coatings, among others is also expected to create favorable conditions for the growth of the global pharmaceutical grade sodium chloride market.

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• What is the current size of the global market of Pharmaceutical Grade Sodium Chloride?
• What is the consumption outlook in the Market of Pharmaceutical Grade Sodium Chloride?
• Which end use segment is expected to contribute major growth share to the Pharmaceutical Grade Sodium Chloride Market in 2022?
• Who are the top players in the Pharmaceutical Grade Sodium Chloride market and what is their total share?
• What is the market outlook of Pharmaceutical Grade Sodium Chloride in China?

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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 7-years.

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The demand for Ferric Sulphate and Polyferric Sulphate Market is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights.

The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022–2027’presents the complete market scenario of these iron based coagulants.

This comprehensive research study further highlights major factors impacting the growth of the ferric and polyferric sulphate market worldwide and also the most lucrative regional market. According to the key outcomes of this research on the ferric and polyferric sulphate market, the high rate of global industrialization is resulting in an increase in water contamination.

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With the increasing awareness in developing countries about water conservation and reuse, governments in these economies are enforcing stringent regulations for proper treatment of sludge. As a result, it has been made mandatory for industries to treat sludge before disposal. Ferric and polyferric sulphate works as a major water treatment chemical and growth in demand is expected to spur in the near future.

Municipal and Domestic to be Dominating End Use Sector

The Municipal & Domestic sector is expected to represent a market attractiveness rating of 5.0 and be a relatively attractive market segment during the forecast period. This segment is expected to account for over 25% market share both in terms of value and volume during the forecast period.

This is a result of increasing efforts towards water conservation activities by industry bodies, municipal corporations and environmental associations. Various regulations have been formed by environmental agencies and government authorities, which aim to achieve water conservation and reduce water pollution.

Sludge treatment is an integral part of such activities. During the forecast period, new water and sludge treatment facilities are expected to come up across the globe, which is anticipated to drive the consumption of sludge treatment chemicals across respective regions.

With such trends prevailing in the world, the municipal and domestic sector is expected to reach a market value of over US$ 140 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

APEJ and Latin America to Closely Compete in Terms of Growth Rate

Due to the expansion of key players and the presence of a large number of companies in the Chinese market, APEJ is expected to be the most attractive regional market for ferric and polyferric sulphate during the forecast period. APEJ is expected to witness the largest market size of over US$ 160 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

Other than APEJ, Latin America and Eastern Europe are also expected to be lucrative regions with Latin America CAGR by Value 4.5%. This growth can be attributed to the rising demand for clean water in Brazil, Mexico and other parts of Latin America.

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Competitive Landscape

Some of the key players mentioned in the report are Pencco, Inc.,  Altivia Chemicals, LLC, Kemira Oyj, Chemifloc Limited, Hunan Yide Chemical Co.,Ltd., Lubon Industry Co.,Ltd., Chemtrade Logistics Inc.,, Clinty Chemicals, Henan Aierfuke Co. Ltd., BAUMINAS Group, Airedale Chemical etc.

Ferric sulphate and polyferric sulphateMarket by Category

By Product Type:

• Ferric Sulphate
• Poly Ferric Sulphate

By End Use:

• Municipal & Domestic
• Power Generation
• Oil & Gas
• Chemicals
• Mineral & Metallurgy
• Food & Beverages
• Pulp & Paper
• Others

What was the Impact of COVID-19 Crisis on Global Market of Ferric sulphate and polyferric sulphate?

The unprecedented outbreak of the SARS-COV-2 virus in the year 2020 has significantly impacted the global economy as well as affecting the industrial sector. Decrease in demand from the consumers and low production rate of the manufacturing sector has resulted in lower demand for a product. All these have significantly impacted the supply chain network overall impacting the economic growth.

Low growth in the industrial sector of chemicals, oil & gas, paper and pulp, minerals & metallurgy and others have significantly impacted the business of iron sulphate compounds during the pandemic crisis. However, with the recovery of the economy and improving industrial sector have enhances the demand of sulphates of iron.

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Frequently Asked Questions

• What is the current size of the global business of ferric sulphate and polyferric sulphate?
• What is the consumption outlook of Ferric sulphate and polyferric sulphate in the Global market?
• Which product type is expected to witness a significant growth rate in the industry of ferric sulphate and polyferric sulphate?
• Who are the top players in the Global Market of Ferric sulphate and polyferric sulphate and what is their total share?
• What is the market outlook of ferric sulphate and polyferric sulphate of China?

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 5-years.

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Future Market Insights’ newly published report “Hydrogen Electrolyzer Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028” examines the Hydrogen Electrolyzer market and offers valuable key insights for the next ten years. On the basis of key findings reported in the study, the Hydrogen Electrolyzer market is anticipated to witness significant demand from end-use applications, such as energy, ammonia, power to gas, electronics, glass industry, etc. Growing end-use applications will give a boost to the Hydrogen Electrolyzer’s market during the forecast period.

While growing with a value CAGR of 7.2%, the Hydrogen Electrolyzer market is expected to reach US$ 426.3 Mn in 2028, from a value of US$ 213.1 Mn in 2018. The incremental $ opportunity created by the Hydrogen Electrolyzer market is pegged to be at US$ 213.2 Mn between 2018 and 2028.

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Hydrogen Electrolyzer Market Dynamics   

Hydrogen electrolyzer is a system for various end-use industries. Industries, such as electronics, food & beverages, metal production and fabrication, and pharmaceuticals, utilize hydrogen for different applications. Macroeconomic growth of these industries as well as increasing demand for hydrogen electrolyzer from these industries is expected to drive the growth of the market over the next few years.

The global Hydrogen Electrolyzer industry has a diverse business environment, characterized by continuous developments and introduction of new technologies. These advancements range from increasing efficiency of hydrogen production to increasing efficiency of fuel cells and various components existing in between. These advancements are making investors positive about investing more at one or multiple points in the hydrogen production supply chain, thereby facilitating market growth.

Hydrogen Electrolyzer Market Forecast

The global Hydrogen Electrolyzer market is estimated to grow and become 2.0X during the forecast period owing to growth in end-use industries, such as power to gas, energy, lubricant, ammonia, methanol, electronics, glass industry, food & beverages, etc. From a geographical perspective, Western Europe, followed by Asia Pacific excluding Japan (APEJ), is expected to dominate the global Hydrogen Electrolyzer market over the forecast period. On the basis of incremental $ opportunity, Western Europe is estimated to account for US$ 50.2 Mn in 2018 and is expected to reach US$ 101.2 Mn by the end of 2028 in the global Hydrogen Electrolyzer market during the forecast period.

Preview Analysis of Hydrogen Electrolyzer Market Segmented by (Product Type – PEM Hydrogen Electrolyzer, Alkaline Hydrogen Electrolyzer & Solid Oxide Hydrogen Electrolyzer; Capacity – Low (≤ 150 kW), Medium (150 kW – 1 MW) & High (> 1MW); Hydrogen Outlet Pressure – Low (≤10 bar), Medium (10 bar – 40 bar) & High (≥ 40 bar); End Users – Ammonia, Methanol, Refinery/Hydrocarbon Processing, Electronics, Energy, Power to Gas, Transport, Metal Production & Fabrication, Pharma & Biotech, Food & Beverages, Glass Industry & Others;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028 @
https://www.futuremarketinsights.com/reports/hydrogen-electrolyzer-market

By product type, the alkaline Hydrogen Electrolyzer segment is expected to dominate the market with a value of US$ 124.3 Mn in 2018. The segment is anticipated to account for more than half of the market value share in the Hydrogen Electrolyzer market during the forecast period. On the basis of growth, the PEM Hydrogen Electrolyzer segment is anticipated to grow at a sluggish growth rate when compared to solid oxide Hydrogen Electrolyzer segment in the global Hydrogen Electrolyzer market during the second half of the forecast period.

Among all capacity segments, the low capacity segment is projected to dominate the global Hydrogen Electrolyzer market during the forecast period. In terms of volume, the medium capacity segment is expected to hold approximately one-third of the market share in 2018 and will remain dominant throughout the forecast period in the global Hydrogen Electrolyzer market. The incremental $ opportunity created by the high capacity segment is pegged to be two-third of the incremental $ opportunity created by the medium capacity segment.

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On the basis of hydrogen outlet pressure segment, the low capacity hydrogen outlet pressure segment is estimated to hold more than two third of market value share and is expected to dominate the market throughout the forecast period. This segment will be closely followed by the medium capacity hydrogen outlet pressure segment. In terms of incremental $ opportunity, the high capacity hydrogen outlet pressure segment is expected to create incremental $ opportunity worth US$ 35.21 Mn in between 2018 and 2028 in the global Hydrogen Electrolyzer market.

Hydrogen Electrolyzer Market Competitive Landscape

Siemens AG, Nel Hydrogen, McPhy Energy S.A, ITM Power Plc, Tianjin Mainland Hydrogen Equipment Co. Ltd, Hydrogenics, Areva H2Gen, ELB Elektrolysetechnik GmbH, GreenHydrogen.dk ApS, Giner Inc, iGas Energy GmbH, Beijing CEI Technology Co., Ltd, Next Hydrogen and Accagen SA are some of the key participants covered in this study.

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A new market research report by Future Market Insights (FMI) on the sulphur bentonite market forecasts a promising growth outlook for the market during the decade-old period of projection. Demand from China would account for nearly 50% of total market value towards the end of 2029.

Up from the global market value of US$ 188 Mn attained in 2021, sales of sulphur bentonite will observe promising growth during the forecast period, 2022 – 2029. The report opines that market growth will be primarily driven by rapid growth in demand for increased crop yield. Application will be promising in oilseeds, fruits and vegetables, cereals, pulses, crops, lawns, turf, and trees.

With cultivating land soils facing continued sulphur deficiency, it is likely that sulphur bentonite consumption will be on an upward trend through the foreseeable future. The progressing local and foreign investment scenario in agriculture will also fuel the growth of sulphur bentonite market.

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Key Takeaways – Sulphur Bentonite Market

• Sulphur bentonite remains among the most intense sulphur carriers that helps in boosting crop yield and field productivity.
• Sulphur bentonite is widely used as a fertilizer for numerous crops, cereals, vegetables such as oil seeds, rice, corn, onion, and citrus fruits.
• Growing concerns regarding balanced plant nutrition and a significant increase in production and crop yield with the use of sulphur bentonite are projected to create traction in the market.
• Asia Pacific (APAC) will hold a significant value share in global sulphur bentonite market, owing to the large agricultural base in the region.
• China’s supremacy would further continue to solidify the position of APAC as an attractive market.

Oilseeds to Remain Key Application Area

Based on the market analysis by application, oilseeds are projected to hold significant value share in global sulphur bentonite market. The use of sulphur bentonite as a fertilizer for oilseeds such as rapeseed, soybean, groundnuts, and sunflower will see significant growth over the forecast period.

This can be attributed to the increase in crop yield and oil content with the use of such fertilizers. However, the cereals, pulses, and crops segment is estimated to experience lucrative growth opportunities in the market.

The fruits and vegetables segment is estimated to grow at a high CAGR. The growing production of fruits and vegetables such as onion, garlic, ginger, and citrus fruits in the region is also projected to drive the market demand. Applications such as lawns, turfs, trees, and others are projected to remain niche application segments.

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Sulphur Bentonite Market – Key Vendor Insights

The report presents some of the key market players, who are known as leaders in the global sulphur bentonite market.

Some of the prominent players operating in the global sulphur bentonite market are: –

Tiger-Sul Inc., National Fertilizer Limited, NEAIS, Coromandel International Limited, Sohar Sulphur L.L.C, Deepak Fertilizers and Petrochemicals, Coogee Chemicals Pty Ltd., H Sulphur Corp, Galaxy Sulfur, LLC, Montana Sulphur & Chemical Co., Zafaran Industrial Group Company, ABU DHABI FERTILIZER INDUSTRIES CO. W.L.L., and Devco Australia.

Sulphur Bentonite Markey by Category

By Application:

• Oilseeds
• Cereals, Pulses, and Crops
• Fruits and Vegetables
• Lawn, Turfs, Trees and Others

What was the Impact of COVID-19 Crisis on Sulphur Bentonite Market?

The impact of the COVID-19 pandemic on the chemical and materials industries was moderate. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of sulphur bentonite. However, the pandemic led to a severe increase in demand for crops, vegetables, and other food-source plants.

This increase ensures that in order to maintain the high quality of food produced, the plant and crop sources are adequately supplied with the necessary nutrients. Hence, this saved the sulphur bentonite market from a greater drop.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the sulphur bentonite market. Increasing prospects of sulphur bentonite in oilseed applications are also expected to boost demand for the chemical in the forthcoming years.

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Frequently Asked Questions

• What is the current Sulphur Bentonite market value?
• At what rate did the Sulphur bentonite market grow between 2014 and 2021?
• What are the key trends driving Sulphur Bentonite sales?
• What will be the demand outlook for Sulphur Bentonite market in China?
• What will be Sulphur Bentonite’ market share in North America?
• What is the anticipated market share of US in the Global Sulphur Bentonite 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 7-years.

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The comprehensive research study portrays a realistic picture of the global lactic acid esters market by including a weighted market segmentation along with forecast projections from 2017 till 2027, a period of 10 years. The report covers the impact of factors that change from region to region thus changing the scenario of the lactic acid esters market in that particular region.

This gives a brief idea about the market potential for lactic acid esters in various regions that the reader can use to plan future expansion. Analytical research report published by Future Market Insights covers various aspects of the global market for lactic acid esters.

The report reveals analysis on end use industries using lactic acid esters for various applications. It lays emphasis on opportunities for growth in the lactic acid esters market along with key factors pushing the growth of the global market. The various facets of the global market across important geographies are monitored.

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Global Lactic Acid Esters Market: Competitive Assessment

The research report on global lactic acid esters market covers analysis on various key players operating in the market. The list includes major companies such as Stepan Company, Merck KGaA, Galactic, Corbion N.V, GODAVARI BIOREFINERIES LTD., Cellulac, Henan Jindan Lactic Acid Technology Co., Ltd., Musashino Chemical Laboratory, Ltd., Zhengzhou Tianrun Lactic Acid Co., Ltd., Shenzhen Esun Industrial Co., Ltd., QINGDAO ABEL TECHNOLOGY CO.,LTD., Yancheng Huade Biological Engineering Co.,Ltd., and Vetrtec Biosolvents Inc.

Global Lactic Acid Esters Market: Forecast Analysis

According to this research report, the global lactic acid esters market is expected to reach an estimate of around US$ 410 Mn by the end of the year of forecast, 2027, from a valuation of about US$ 209 Mn in 2017. The global market for lactic acid esters is projected to grow at a value CAGR of 6.9% during the period of assessment.

Global Lactic Acid Esters Market: Segmental Snapshot

The global lactic acid esters market is segmented on the basis of product type, application and region.

• With respect to product type, ethyl acetate is expected to show high adoption across industries in the coming years. The ethyl acetate segment is projected to be the largest with a market share in excess of 65% during the forecast period, consequently leading the global market.
• By application, the electronics and food and beverage segments are expected to largely contribute to the revenue growth of the global market for lactic acid esters in the coming years. Of these, the electronics segment is poised to show a much higher market value.
• By region, North America is the largest reflecting a high market attractiveness. However, the lactic acid esters market in Asia Pacific excluding Japan (APEJ) region is expected to grow at a higher rate during the forecast period.

Global Lactic Acid Esters Market: Dynamics Influencing Growth

Higher inclination towards use of green solvents in various industries, growing electronics sector across the globe, market consolidation and expansion, favorable government policies, rising food and beverage sector, availability of technologically advanced infrastructure, increasing focus on value added products coupled with favourable FDI policies, availability of natural feedstock and growth in personal care sector are expected to contribute to the growth of the global lactic acid esters market.

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Market Segmentation

By Product Type:

• Ethyl Lactate
• Methyl Lactate
• Butyl Lactate
• Others

By Application:

• Electronics
• Paints & Inks
• Agrochemicals
• Pharmaceuticals
• Food & Beverages
• Others

Lactic acid esters adoption scenario in the agrochemicals and pharmaceutical sectors during 2017-2027

Lactic acid esters are finding increased use in agrochemicals and pharmaceuticals. In agrochemicals they are used to produce environment friendly insecticides and pesticides. In the pharmaceutical sector, lactic acid esters are used in manufacturing ointments and medicines.

The agrochemical segment is expected to show increased adoption of lactic acid esters as compared to pharmaceutical segment, and is poised to grow at a comparatively higher rate during the forecast period. However, the use of lactic acid esters has been prominent since past years in the pharmaceutical sector, which makes this segment a significantly larger with respect to valuation than the agrochemical segment.

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Frequently Asked Questions

• How is the Lactic Acid Esters Market Growing?
• Which Region Holds the Highest Revenue Potential in the Lactic Acid Esters Market?
• What is the Future Scope of Growth for the Lactic Acid Esters Market?
• What is the Lactic Acid Esters Market Size?

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 5-years.

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