Market Research Blog – Page 9139 – New Product Development

Vascular Endothelial Growth Factor Inhibitor Market to reach a valuation of ~US$ 33.5 Bn by the year 2032 | FMI

[422 Pages Report] The global vascular endothelial growth factor inhibitors market is expected to be worth US$ 22.7 billion by the end of 2022, and to grow at a CAGR of 4.0% to be worth US$ 33.5 billion by 2032. According to a recent study by Future Market Insights, biologics are leading the market as drugs, with a share of approximately 72.1% in the year 2021.

Future Market Insights (FMI) presents its new, comprehensive study on the global Vascular Endothelial Growth Factor Inhibitor market spanning from 2018 to 2028. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints. Backed by historical data and projected data, the report breaks down the vast study into numerous geographies and end-use segments, among others to condense the research. The report also considers production and consumption analysis, value chain analysis, key findings, important suggestions and recommendations, and other aspects

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Analysts at FMI have employed in-depth analysis to offer a lucid understanding of the market and the factors shaping its growth trajectory. Ranging from macro socio-economic factors to micro geography-specific trends, the research has taken into consideration every facet that is likely to play a vital role in the growth of the market in the years to come. Presenting a plethora of valuable information, the report will serve as an effective tool, guiding the market players in making fruitful decisions in the forthcoming years.

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Vascular Endothelial Growth Factor Inhibitor Market: Segmentation

To simply the gargantuan study, the report is segregated on the basis of different segments.

By end user:

Hospitals
ambulatory surgical centers

By geography:

North America
West Europe
APEJ
Japan

The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.

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Vascular Endothelial Growth Factor Inhibitor Market: Competition Analysis

The study bestows valuable insights into the competitive landscape of the global Vascular Endothelial Growth Factor Inhibitor market, by studying numerous players, their growth strategies, and key developments. The report dwells deep and studies different facets such as product launches, production methodologies, and steps adopted by players to make processes cost-effective, among others, are expected to influence their individual standpoint. Understanding the prevailing trends and strategies on the supply-side empowers players to foster their plan of action accordingly to progress on a remunerative path. Key players covered in the research include

AstraZeneca
Bayer Healthcare
Merck & Co. Inc.
Genetech Inc.

Key Questions Answered in FMI’s Vascular Endothelial Growth Factor Inhibitor Market Report

Which region is anticipated to hold a prominent market share over the forecast period?
What will be the key driving factor propelling the demand for Vascular Endothelial Growth Factor Inhibitor during the forecast period?
How current socio-economic trends will impact the Vascular Endothelial Growth Factor Inhibitor market?
What are the growth strategies implemented by prominent players in the Vascular Endothelial Growth Factor Inhibitor market to maintain their foothold in the competitive landscape?

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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Consumer Appliances Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2029

Future Market Insights (FMI), in its new study, analyzes the consumer appliances market and offers actionable insights on its growth prospects for the period 2019 and 2029. According to the study, worldwide sales of consumer appliances reached 1.27 billion units in 2018, and are estimated to register a Y-o-Y growth of 3.7% in 2019. The study opines that the impact of smart technologies is being witnessed in the market, with many players launching connected and smart devices to meet consumer expectations.

Rapid digitalization and strong knowledge regarding use and efficiency of modern appliances have been largely contributing to the market growth. Steady economic growth in several countries and rising need for comfort are influencing consumers to upgrade their existing appliances to smarter variants. In addition to providing convenience, reducing manual efforts, and saving time, manufacturers are focusing heavily on product innovations to satisfy the evolving needs of their customers.

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Technology is surely bringing a paradigm shift in consumer appliances industry, and FMI’s study analyzes that stakeholders are helping consumers achieve their energy conservation goals through green technologies and sustainable-centric innovations. Impressive developments in smart connectivity area are also set to gain momentum in the coming years, representing a substantial competitive advantage for the market players.

White Goods Capture Robust Share over Brown Goods

According to the study, white goods such as refrigerators, washing machines, and air conditioners have garnered relatively high traction as compared to brown goods. In recent times, these products have become standard in almost every household, backed by availability at affordable prices. Additionally, provision of smart connection in white goods, along with fast urbanization and rural electrification, especially in developing economies, remained instrumental in accelerating the overall sales of consumer appliances. Far from being confined to bigger appliances, manufacturers are also working on incorporating robotic technologies in small appliances to provide user-friendly interface and enable ease of operations.

Preview Analysis Global Consumer Appliances Market Segmentation By Product Type (Kitchen Appliances, Small Appliances, Washing Machines); By End User (Domestic, Professional); By Sales Channel (Offline, Online): https://www.futuremarketinsights.com/reports/consumer-appliances-market

As smart homes become a reality all over the world, the FMI study opines that demand for consumer appliances from households or domestic segment will continue to grow at a significant pace. Introduction of technologically advanced models which can be connected to smartphones and controlled remotely along with rise in per capita income is likely to remain a key to gaining distinct competitive edge.

Opportunities galore for consumer appliances market stakeholders, as identified by FMI study with growing working population and rapid infrastructural development, resulting into increasing number of hotels, salon & grooming parlors, and quick service restaurants (QSRs).

According to the study, growth prospects of the consumer appliances market are high in Europe, owing to strong presence of reputed brands which continuously focus on fulfilling consumers need for appliances that can perform maximum tasks with minimal resources. Newer opportunities are expected in Asia Pacific stemming from a number of trends such as increased purchasing power, growing middle class population, advances in digital transformation, and favorable government policies that encourage the use of energy-saving appliances.

As the importance of internet increases and e-commerce sites see an upsurge, stakeholders are implementing omni-channel marketing strategy to reach wide range of customers across the globe. According to the study, sales of consumer appliances through online sales are likely to register a CAGR of 4% during the forecast period.

FMI’s business intelligence offers an incisive outlook on competitive scenario of consumer appliances market by discussing key strategies adopted by the players. The market shows a high level of fragmentation, with a large number of regional and local players restricting the geographical expansion of international companies. Prominent players are thus focusing on strategic collaborations and joint ventures for increased production capacities and enhanced customer base.

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Carbon Brush Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2029

Future Market Research’s new market research report titled, ‘Carbon Brush Market: Global Industry Analysis 2014–2021 and Market Forecast 2022–2029’, scrutinizes the carbon brush market, and offers critical insights for the forecast period between 2022 and 2029. As per the report, the global carbon brush market is projected to observe remarkable growth during the forecast period, owing to the aspects such as rising demand from industrial applications, automotive, and electrical hand tools.

The market for the global carbon brush market was valued at over US$ 2,500 Mn in the year 2021, and is expected to expand at a CAGR of nearly 4% during the forecast period of 2022 to 2029.

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Increasing production is sectors such as industrial applications, automotive, electrical goods, household appliances, energy, and healthcare, among others, has resulted in a drastic growth in the demand for carbon brushes, which are used to conduct electrical current between the stationary and rotating parts of a motor. This describes the anticipated growth of the carbon brush market during the forecast period.

East Asia Projected to Offer Noteworthy Growth Opportunities to the Carbon Brush Market Players

The global carbon brush market is considerably consolidated, with the top 4 players accounting for around one-fourth share of the overall market.

Apart from these 4 players, there are few players in the market that have established themselves at domestic and as well as global levels. Subsequently, market players involved in the carbon brush market are poised to expand into lucrative regions, and are also expending their manufacturing facilities to cater to the ever-growing demand.

In the global carbon brush market, East Asia is expected to be a prominent region throughout the forecast period, because of the increasing production and consumption of carbon brushes in China. Beside East Asia, North America, including countries such as the U.S. and Canada, is also anticipated to be a lucrative region for the carbon brush market.

The increasing consumption of electrical appliances, industrialization, and surge in automobile sales are some of the cited factors driving the growth of the carbon brush market in East Asia.

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Motor Segment, by Application Type, and Industrial Application Segment, by End-Use Industry, to Remain Prominent Over the Forecast Period

Based on product type, the electro graphite segment is expected to remain a dominant segment in the forthcoming years, accounting for a protruding share in the global carbon brush market throughout the forecast period. In terms of the growth rate, the electro graphite segment is considered to project relatively higher growth in the coming years.

On the basis of application, the motor segment is estimated to account for nearly one-third of the market size, owing to their vast applications in various end-use verticals. Based on sales channel, the aftermarket segment is estimated to account for nearly two-third of the market size throughout the forecast period.

Carbon brushes have significant applications in various end-use industries such as automotive, electrical hand tools, industrial applications, household appliances, security and defence, petrochemicals, energy, and healthcare, among others.

The industrial applications segment is projected to be one of the prominent end-use industry segments in the carbon brush market, and is expected to account for more than one-third of the total carbon brush market throughout the forecast period. Besides industrial applications, carbon brushes also find important application in the automotive industry, which is also expected to create significant revenue for the global carbon brush market.

Carbon Brush Market: Vendor Insights

The report highlights some of the market players that are prominent and are leaders in the global carbon brush market.

Some of the examples of the key players in this market are Morgan Advanced Materials, Mersen SA, Robert Bosch GmBH, Schunk GmBH, Toyo Tanso Co., Ltd, Pelican Carbon Brush Pvt. Ltd, Helwig Carbon Products Inc., Aupac Co., Ltd, Assam Carbon Products Limited, Naeem Carbon & Industrial Products LLP, Phynyx Industrial Products Pvt. Ltd, and National Carbon Brush Products, among other players.

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Solar Shading Systems Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2027

According to a new study of Future Market Insights (FMI), the global solar shading system market is projected to record a steady 3% CAGR through 2027. The solar shading system market was valued at US$ 3,672.6 Mn in 2017 and is expected to reach US$ 3,931.3 Mn by 2027-end. Resurgent growth in construction and infrastructure development activities worldwide, along with the rise in smart city projects, has been driving the adoption of solar shading systems in the recent past.

The solar shading system market has been segmented on the basis of the application area, component type, technology, and region. Based on the application area, the solar shading systems market is segmented into residential, commercial, and industrial areas. Gains from the residential sector are expected to increase at a relatively faster rate through 2027. Sales in the residential sector will be driven by the installation of solar shading systems and devices in new construction, and growing home renovation activities.

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Based on the component type, the solar shading system market is segmented into aluminum-based, fabric-based, and other types. Aluminum-based solar shading systems continue to witness robust adoption in the residential and industrial sectors, owing to their attributes such as rigidity and durability, and shield-protection from solar radiation. On the other hand, fabric-based solar shading systems are expected to register a relatively higher CAGR through 2027, in light of their innovative and economic nature.

On the basis of region, the solar shading system market is segmented into North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East & Africa (MEA). The solar shading systems market in Latin America is expected to witness a relatively faster growth through 2027. The fact that the region occupies a large span of tropical and sub-tropical regions contributes to its relative supremacy in the solar shading systems market.

The Middle East and Africa are also expected to gain significance as a fast-growing market for solar shading systems, owing to the high temperatures and intense solar radiations in the region. However, North America and Asia-Pacific excluding Japan (APEJ) continue to remain the most lucrative markets for solar shading systems.

Preview Analysis of Solar Shading Systems Market Segmented by (Component type – aluminum-based, fabric-based & others; Application – residential, commercial & industrial; Technology – battery powered, manual & smart powered source;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2027 @
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According to the study, business partners are entering into long-term contracts for revenue generation and product innovation strategies, which in turn has been paving lucrative growth opportunities for the solar shading systems market. Key players operating in the global solar shading system market include Solar Shading Systems, Inc., Construction Specialties, Coltinfo.co.uk, SWFcontract., Norsk Hydro ASA, Duco Ventilation & Sun Control, LINAK, Draper, Inc, Glazing GmbH, Roda Licht -und Lufttechnik Gmb Comhan, InSync Solar, WAREMA Nederland B.V., Glasscon GmbH, Thermosash , Alumet, and Insolroll.

These companies are eyeing to roll out a high number of quality solar shading systems. Gunnebo Group has a wide and diversified product portfolio of solar shading system, while Sand is continuously expanding its presence in various regions around the world. Dormakaba, Inc., a major supplier, and manufacturer of solar shading systems are banking on the product diversification strategy to boost its sales and revenues.

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Pressure Reducing Valve Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2028

FMI reveals that the global pressure reducing valve market enjoys a valuation of US$ 1,998.1 Mn in 2022, and is predicted to expand at a steady CAGR of 4.5% and reach a net worth of US$ 2,588 Mn by the end of 2028.

According to the analysis, the demand for pressure reducing valves is expected to keep increasing over the years. Growing investments in the oil & gas and chemical industries are expected to be the key factors assisting the growth of the global pressure reducing valve market.

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The global market for pressure reducing valves is estimated to be valued at US$ 1,701.6 Mn by the end of 2022 and is expected to witness a Y-o-Y growth rate of 4.3% over the forecast period. China is estimated to account for a significant value share in the global pressure reducing valve market by 2022 end and is expected to remain dominant throughout the forecast period in the pressure reducing valve market.

The pressure reducing valve market has been experiencing significant growth for years now, particularly in Middle East & Africa, India and China. The growing demand for oil & gas, chemicals and power across GCC Countries and India is contributing to the substantial demand for pressure reducing valves in these regions.

However, the global pressure reducing valve market is expected to face certain challenges. Manufacturers have to follow certain regulations pertaining to pressure reducing valves, which include ASME and JIS.

Prominent manufacturers are involved in introducing pressure reducing valves while adhering to the international regulations and certification in order to enhance their presence in the market. This is expected to be one of the key trends identified in the global pressure reducing valve market.

Segmentation Analysis

Based on product type, the direct acting segment is expected to dominate the pressure reducing valve market over the forecast period
Based on material, the ductile iron segment is expected to register the highest growth, in terms of volume as well as value, in the global pressure reducing valve market over the forecast period
Based on operating pressure, the 50-200 Psig segment is expected to account for more than 2/5^th of the overall incremental opportunity created in the global pressure reducing valve market during the forecast period
Based on application, gas and liquid segments, together, are expected to create an incremental opportunity1.7X that of the steam segment’s in the global pressure reducing valve market
Based on end-use industry, the chemical segment is pegged to remain dominant in the global pressure reducing valve market throughout the forecast years

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Regional Analysis

Western Europe and China together are estimated to have collectively accounted for more than 2/5^th of the overall share in the global pressure reducing valve market by the end of 2017. The Middle East & Africa region is a key production base for the oil & gas industry and thus the region is expected to create significant growth opportunities in the global pressure reducing valve market.

Vendor Insights

The report highlights some of the top companies operating in the global pressure reducing valve market such as Watts Water Technologies, Inc., Spirax Sarco Engineering plc, TLV, Itap Spa, Caleffi S.p.a., HAWE Hydraulik SE, Yoshitake Inc., Genebre, HYDAC, Forbes Marshall, CIRCOR International, Inc., Armstrong International Inc. and Fushiman Co., Ltd.

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High-Silica Zeolite Market Size To Reach USD 1.37 Billion By 2032 | New Opportunities Planning By FMI

The High Silica Zeolites market is expected to grow at 1.2% CAGR record forecast period and is expected to reach high silica zeolite market share of US$ 1.37 billion in 2032, up from US$ 122 million in 2022. Zeolite is chemically explained as the crystalline aluminosilicate hydrate containing alkaline earth metal.

High- silica zeolite typically includes an organic structure directing agent (SDA), it is generally prepared by heating a mixture compose of a silica source, a heteroatom source (boron, aluminum, gallium), a source of alkali hydroxide, and a water-soluble organic species.

High-silica zeolites ha been found to be an effective absorbent for the removal of OMPs (organic micro-pollutants) from impaired water, and is also used in personal care products, pharmaceuticals, industrial chemicals, etc. High-silica zeolites is prominently use in the prevention of undesired competitive absorption of background organic matter (BOM) in natural water.

The presence of organic micro-pollutants in water bodies and drinking water sources have become a significant issue of increasing environmental concern. Owing to increasing presence of OMPs, and need for their removal from water meant for potable and domestic use, the demand of high-silica zeolite is increasing rapidly.

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High-silica zeolites like USY (ultrastable Y), NA-mordenite, and HY have higher thermal stability than conventional A-or X-type zeolite. The thermal stability increases from about 700 degree Celsius in the low silica zeolites to 1300 degree Celsius in high-silica zeolites. The surface selectivity, which is highly hydrophilic in the low silica zeolites, is hydrophobic in the high-silica zeolites.

High-Silica Zeolite Market: Dynamics

As compare to low and intermediate zeolites, the high-silica zeolites can remove and recover organic matter from water streams and carry out separation and catalysis in the presence of water, which is major factor that is driving the high-silica zeolite demand among the several end use industries such as petroleum, petrochemical and others.

High-silica zeolite is widely used in petroleum refining process. Catalytic cracking, isomerization, hydrocracking, alkylation, and other modern processes are based on the use of high-silica zeolite containing catalyst. High-silica zeolites also find broad application as absorbents in gas purification and drying, and in the production of high-purity substances.

Owing to this several applications of high-silica zeolites its demand is increasing constantly among the end-use industries, which is propelling the global high-silica zeolite market. Moreover, the increasing popularity of high-silica zeolites among end-use industry, due to its exceptional properties such as high chemical as well as thermal stability, has a significant impact on the high-silica zeolite market.

High-Silica Zeolite Market: Market Participants

Some of the key players involved in the manufacturing of high-silica zeolite are Honeywell International Inc, CECA Arkema Group, BASF SE, Tosoh Corporation, Zeochem AG, Zeolyst International, W. R. Grace, CWK Chemiewerk Bad Köstritz GmbH, Clariant AG, KNT Group, Zeolites And Allied Products Private Limited and others.

The research report presents a comprehensive assessment of the High-Silica Zeolite market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to High-Silica Zeolite market segments such as component, type, application, end-user and region, etc.

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High-Silica Zeolite Market: Segmentation

Globally, high-silica zeolite market can be segmented on the basis of type, and application.

Based on the type, high-silica zeolite market can be segmented into,

USY Type
ZSM-5 Type
Beta Type
Others

Based on the application, high-silica zeolite market can be segmented into,

Petroleum refining catalysts
Petrochemical catalysts
Others

High-Silica Zeolite Market: Regional Overview

High-silica zeolite market demand is anticipated to be led by Asia Pacific region, owing to growing crude oil refining sector. China is driving the majority of growth in the crude oil refining industry in Asia Pacific. Growing crude oil refining industry is creating more demand for the petroleum refining catalysts such as high-silica zeolites.

North America is anticipated to witness a significant growth in High-silica zeolites market, U.S. is a prominent country in the petroleum refining sector. The U.S. is one of the vital producers of refined petroleum products and thus represents high market potential for high-silica zeolites.

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High-silica zeolites market of Europe is expected to witness a robust growth, helped by increasing preference of manufacturers of high-silica zeolites to European countries for expansion of its manufacturing facilities, in order to fulfil the growing demand for high-silica zeolites from regional end-use industries.

Despite the impressive growth in oil refining capacities in Middle East and Africa, the local refineries are capable of processing very less amount of the crude oil produced here, as a result high-silica zeolite market is expected to witness a comparatively moderate growth in this region.

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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 favour 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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Self-Healing Materials Market to Receive Overwhelming Hike USD 15.57 Billion in Revenues by 2032

The self-healing materials market size estimated at USD 1.61 billion in 2022 is anticipated to grow at a CAGR of 25.5% from 2022 to 2032. Materials that are capable of self-healing are stimulated by changes in pH, UV light, and other environmental factors, as well as by physical harm like a microcrack influencing the self-healing material adoption trends.

The pandemic has caused a decline in the self-healing material market key trends and opportunities. Due to the temporary shutdown, this had an effect on the operations of many important end-use industries, including the automotive, building, and construction sectors, self-healing material market.

The demand for self-healing materials and self-healing material market future trends has suffered as a result. Due to the presence of multinational corporations working constantly on R&D projects to find cutting-edge technologies, the self-healing material market opportunities is encouraged in the United States.

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Microcapsules are designed to be durable enough to withstand both the production process and the consumption of the substances in their intended use. The self-healing material market is expected to expand significantly in the coming years, and these materials support lowering the frequency of the maintenance costs necessary to repair the damage.

Self-healing materials are now being used by the majority of semiconductor and electronics market participants, including Apple and Samsung, in items like laptops, smartphones, desktop computers, and high-end cameras.

Self-healing materials are expected to be consumed at a higher rate as a result of the steady rise in the sales of smartphones and laptops and innovations in their design, positively impacting the self-healing material market key trends and opportunities.

The primary factor preventing the self-healing material market from growing is the high cost of products as self-healing materials are currently more expensive than conventional materials. If the cost factor is managed in the upcoming years, the factor is anticipated to challenge the future demand for self-healing material.

Key Takeaways:

The self-healing material market’s product insight was led by the concrete segment in 2022, which also had the largest revenue share of about 27%.
The self-healing material market’s technology segment was led by the segment of reversible polymers in 2022, which had a revenue share of 35.0%.
Building and construction held the largest revenue of the self-healing material market share of 34% in 2022 and led the self-healing material market.
In 2022, Europe held 28.4% revenue of the self-healing material market share and dominated the self-healing material market.
With a projected CAGR of 30.5% by the end of 2032, Asia Pacific is predicted to generate the highest self-healing material market revenues in the near future.

Competitive Landscape:

New market research report on self-healing material says that The Dow Chemical Company, Covestro AG, High Impact Technology, LLC, Huntsman International LLC, Michelin Group, MacDermid Autotype Ltd., Akzo Nobel N.V., Evonik Industries Corporation, BASF SE, NEI Corporation are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the self-healing material market, including self-healing material market growth, self-healing material market share, self-healing material market key trends and opportunities and important self-healing material market statistics.

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Key Segments

By Product:

Concrete
Coatings
Polymers
Asphalt
Fiber-reinforced Composites
Ceramic
Metals

By Technology:

Reversible Polymers
Microencapsulation
Shape Memory Materials
Biological Material Systems
Others

By Application:

Energy Generation
Building & Construction
Automotive & Transportation
Electronics & Semiconductors
Medical (Implants & devices)
Others

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Recent Development in the Self-healing material:

Chemetall GmbH, a manufacturer of specialty chemicals and surface treatment products, was acquired by BASF SE in December 2016.
The process of self-healing cured coatings was patented by BASF SE in June 2014.
The Specialty & Coating Additives business of Air Products (U.S.) was acquired by Evonik Industries in May 2016, strengthening its dominant position in the high margin specialty & coating adhesives market.

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain

Nanomaterials Market: Global Nanomaterials demand is anticipated to be valued at US$ 11 Billion in 2022, forecast to grow at a CAGR of 15% to be valued at US$ 45 Billion from 2022 to 2032.

Mushroom Materials Market: The global mushroom materials market is expected to be valued at US$ 4,561 Million in 2022. The overall demand for mushroom materials is projected to grow at a CAGR of 5.8% between 2022 and 2032, totaling around US$ 8,015.2 Million by 2032.

Magnetic Material Market: The global magnetic materials market is projected to register a CAGR of 9.3% between 2022 and 2032. Magnets are now used in every sphere of industry. The microphone we use to electric motors in cars, all are derivatives of magnets.

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Agrochemical Additives Market is Reaching US$ 2.7 Billion at a Gracious Rate of 4.6% by the year 2032

The global agrochemical additives market is anticipated to reach a valuation of US$ 2.7 Bn by 2032, with sales growing at a 4.6% CAGR over the assessment period. The need for various agrochemicals including fertilizers and pesticides is rising owing to increase in population, which trigger demand for crops and vegetables production.

While the demand for food products is rising all across the globe, cultivation area is decreasing as a result of the urbanization, industrialization, and development in the infrastructure. The market of agrochemical additives has been substantially influenced by certain socio-demographic factors, economic development, urbanization, and high demand for genetically modified crop.

Furthermore, focus on seed treatment, rationalization of rates, post-harvest agrochemical regulations, innovation funds for aggrotech, and import substitutions are expected to fuel the agrochemical additive market.

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“Growing demand for functional foods and high-nutrient food products is driving sales of agrochemical additives. In addition to this, significant government-backed investments, and subsidies for crop production across emerging economies will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

By end use, pesticides are expected to account for a dominant share oof the total demand for agrochemical additives.
Based on crop type, the cereals and grains segment is anticipated to hold about 8% of the overall consumption.
India is expected to emerge as a lucrative pocket in the South Asia agrochemical additives market over the assessment period.
China will continue dominating the East Asia agrochemical additives market over the forecast period.

Competitive Landscape

Leading players operating in the global agrochemical additives market include Syngenta, Bayer, BASF, UPL, Compass Minerals, Adama Ltd., Sumitomo Chemicals., Nufarm Limited., K+S Group., and the United States’ Israel Chemical Company (Israel).

Some recent developments in the market include:

In Oct 2021, one of the prominent market participant United Phosphorus announced its long-term collaboration with a global bioscience company Chr. Hansen to commercialize microbial-based solutions for sustainable agriculture.

What are the Key Opportunities for Agrochemical Additives Manufacturers?

Pesticides are compounds produced through chemical or biochemical processes that include active components in a certain concentration and are intended to protect crops against weeds, diseases, and insects, as well as to reduce crop losses. Chelating agents, building blocks, pH regulators, and salification agents are all used as agrochemical additives.

To avoid pests, weeds, and illnesses, agrochemicals are diluted in specified dosages and applied to seeds, soil, irrigation water, and crops. Over the last few decades, high-purity compounds are sold in bulk to formulators, who derive formulations by adding inert carriers, solvents, surface-active agents, and deodorants. Increasing need for food production and population growth are creating opportunities for growth for manufacturers in the market.

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Agrochemical Additive Market Segmentation

By End Use:

Fertilizers
Pesticides
Plant Growth Regulators
Soil Conditioners
Liming and Acidifying agents

By Application:

Crop Protection
Seed Treatment
Soil Health
Solvents
Dispersants
Preservatives
Others

By Crop Type:

Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Plantation Crops and Hydroponics

More Insights into the agrochemical additive Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global agrochemical additive 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 based on end use, application, crop type, and region.

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Frequently Asked Questions

What is the current size of the global agrochemical additive market?
What is the demand outlook for agrochemical additive in various end use industries?
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What are the major challenges and constraints faced by the industry?
Which are the key countries driving the global agrochemical additive market demand?

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Foundry Additives Market: The global foundry additives market is expected to reach around US$ 2 Bn in 2022. The overall sales of foundry additives are expected to increase by 1.5x, exceeding US$ 3 Bn by the end of 2032.

Refining Additives Market: Refinery additives (RA) are the compounds or chemicals that are used to improve and boost the performance in different refinery processes and the end-product fuels. The fuel performance is increased to meet and achieve the fuel specifications regulated by the government bodies and authorities.

Coating Additives Market: The global coating additives market was valued at around US$ 10,613.3 Mn in 2021 and is anticipated to reach US$ 17,724.8 Mn by 2032. Sales in the global coating devices market are witness surge at a CAGR of 4.8% between 2022 and 2032.

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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 favour 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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Aerial Work Platforms Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032

Construction has been shifting towards innovation since the past few decades. A majority of massive constructions have arisen from a zeal to look different and stand out. A recent example of this shift can be seen in newly constructed vibrant murals at the World Trade Center. Aerial work platforms play a pivotal role in construction. The lifts that are a part of the aerial work platforms, are witnessing promisingly progressive growth prospects, with rising demand following a surge in infrastructural development projects worldwide.

Future Market Insights, in a recent research on the global aerial work platforms market, predicts construction industry in developing regions to majorly support the market growth over the next decade. The market is expected to expand at 6% CAGR over 2018-2028, attaining a value of over US$ 14.5 billion by 2028 end.

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Improved Financing Systems & Sustainable Solutions to Back the Shift from Traditional Aerial Work Practices

State and private steel producers operating in many regions are rapidly migrating from traditional maintenance practices towards more advanced methods. The latter have managed to gain rapidly growing popularity, against the backdrop of significant capacity additions undertaken in the past few years. The advanced maintenance practices that are carried, utilize higher levels of mechanization, including powered access. On the other side, aerial work platforms such as scissor lifts, and boom lifts tend to offer greater safety and allow faster maintenance.

Electric Device Systems to Aid the Market Move towards Sustainable Growth

A growing number of companies are renting various types of AWPs to industrial plants, which also includes those AWPs with the functionality to clean up the dust accumulated on the roof of construction sites. Companies related to maintenance activities have been procuring a large number of AWP units over the years. For long-term advantage, companies seem to purchase their own equipment. Furthermore, the future will be dominated by electric device systems. There is a higher demand for solutions which are equipped with electric systems as it is considered to be eco-friendly. As electrically powered systems incorporate efficiency and extended battery life, prominent construction companies are increasingly incorporating sustainable equipment. Companies are focusing on meeting environmental norms to reduce carbon footprint, which will in turn boost the demand for sustainable AWPs in near future.

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Hybrid Technology to Gather More Investments in Near Future

Hybrid AWP has emerged as the most cost effective and eco-friendly alternative for companies participating in the aerial work platforms market. While the current scenario still depicts the dominance of diesel powered scissor lifts, the demand for hybrid technology is gradually increasing in terms of popularity and acceptance. The market projections depict optimistic prospects owing to growing use in a multitude of applications. Other benefits include cost efficiency, noise reduction, and lower contribution to pollution.

View Report Preview at Aerial Work Platforms Market Segmentation BY Product Type- Scissor Lifts (up to 30’, 30’ – 50’, and more than 50’), Boom Lifts (up to 60’, 60’ – 100’, and more than 100’), Other AWPs; End Use Industries- AWP Rental Service Providers, End Use Industries, Construction, Entertainment, Commercial, Manufacturing, Others (Public Administration, Mining, Agriculture etc.) https://www.futuremarketinsights.com/reports/aerial-work-platforms-market

Companies are also working on development of innovative machine types, to ease the work and enhance functions. Numerous companies specializing in low-weight machines are concentrating on delivering improved safety through innovations, such as crush-protection, sustainable involuntary operation prevention systems, and sensitive hybrid power systems. Electric scissor lifts which are suitable for warehousing and high bay applications are being developed by European manufacturers, such as Holland Lift.

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High Performance Fibers Market Worth US$ 29.19 Billion By 2032 | CAGR 8.5% – By Exclusive Report by FMI

The high performance fibers market size is expected to be worth US$ 12.91 billion in 2022 and US$ 29.19 billion by 2032, with a CAGR of 8.5 % from 2022 to 2032. The growth of the global high performance fibers market share has been aided by the robust electronic equipment manufacturing sector.

The usage of high performance fibers in the creation of dependable and efficient semiconductors is a significant element driving the sales of high performance fibers. Another factor propelling the demand for high performance fibers is the use of carbon, aramid, and glass in their manufacture.

As a result, it is predicted that the global high performance fibers market is likely to experience significant growth during the forecast period. Due to their numerous essential characteristics, such as strong fabric integrity at good temperatures, high thermal and chemical resistance to most organic solvents, high abrasion resistance, and non-conductivity, the sales of high performance fibers are projected to increase.

High stiffness and an extraordinary strength-to-weight ratio of high performance fibers make them ideal for aeronautical applications, that’s why the demand for high performance fibers is rising. Given the aforementioned advantages, a range of end users considers the HPF to be the ideal product.

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Furthermore, the high performance fibers are also utilized in the production of composites for vehicles and vessels employed in the defense industry. These factors are expected to boost the high performance fibers market outlook between 2022 and 2032.

The expansion of the high performance fibers market share is hampered by a scarcity of high-quality products. Furthermore, unlike other metals and nonmetals, carbon fibers are not biodegradable and will not degrade in landfills. Carbon fiber recycling requires a lot of energy and is extremely difficult.

Long-lasting carbon fibre scraps have a negative impact on the environment and hamper the growth of the high performance fibers market.

Key Takeaways from Market Study

The Polybenzimidazole (PBI) fibers segment is expected to grow at the fastest CAGR of more than 14.2 percent from 2022 to 2032 due to superior properties such as high glass transition temperature, no melting point, and extremely high heat deflection temperature.
The aerospace and defence application segment will lead the market in 2021, accounting for more than 43% of global high performance fibers market revenue.
The Asia Pacific region will lead the high performance fibers market in 2021, accounting for more than 43% of global revenue.
North America held a significant high performance fibers market share in 2021, as the presence of key aircraft manufacturers contributed significantly to high performance fibers demand.

“Due to their exceptional qualities, high performance fibers have seen a significant increase in demand from a wide range of end users, resulting in the creation of a sizable high performance fibers market in recent years. As a result of increasingly stringent government regulations aimed at reducing CO2 emissions, the global high performance fibers market share has increased.”- Future Market Insights Analyst.

Competitive Landscape

Key players in the high performance fibers market with wide distribution networks and strong market positions are boosting their R&D expenditure. They can enhance current items for new uses thanks to their strong technical and market development capabilities. As they provide the essential raw materials required to start the manufacturing process of different fibers, raw material suppliers play a significant role in the value chain.

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The expansion and profitability of the global market are being constrained by the high cost of producing PBO, PBI, M5/PIPD, and aramid fibers.

The following companies are among the major players in the global high performance fibers market: Toray Industries, Inc., Dupont; Teijin Ltd., Toyobo Co. Ltd., DSM; Kermel S.A., Kolon Industries, Inc., Huvis Corp.

Key Segments

By Product:

Carbon Fiber
Polybenzimidazole (PBI)
Aramid Fiber
M5/PIPD
Polybenzoxazole (PBO)
Glass Fiber
High Strength Polyethylene
Others

By Application:

Electronics & Telecommunication
Textile
Aerospace & Defense
Construction & Building
Automotive
Sporting Goods
Others

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Recent Developments in High Performance Fibers Market:

In April 2019, Honeywell teamed up with Heathcoat Fabrics, a producer of technical fabrics. In this partnership, Honeywell gives the latter business its Spectra fiber to help create new industrial and military applications.
In July 2018, TenCate Advanced Composites Holding BV, a producer and distributor of carbon fibre composite material, was acquired by Toray. The acquisition made it possible for the prior business to offer clients a wider range of products.
In October 2019, Honeywell unveiled Spectra Shield® 6472, a new product in their line of high-performance hard armour. The new shield satisfies the exacting standards for military defence.
In October 2019, Bally Ribbon unveiled the E-WEBBINGS® e-textile product range. For textile applications, this provides a flexible basis. Several types of fibers and conductive materials are used to create these finely woven E-Webbings fabrics.

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Polyimide Fibers Market: Demand will rise at 4.9% through 2031 as application in construction, power and utilities, and other industries surge at a steady pace.

Conductive Fibers Market: Sales in the global conductive fibers market are slated to top US$ 1.8 Bn in 2022. Expanding at a healthy 11.6% CAGR, the market size is projected to total US$ 4.9 Bn by 2031.

Nano Fibers Market: Nano fibers are extremely popular in many industries today for their enhanced chemical and mechanical properties such as light weight, durability, etc. and are also found to have been highly compatible with various devices without interfering with the performance of end-products.

About Future Market Insights (FMI)

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

Contact Us