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Camera Accessories Market to be US$ 12.34 Billion by 2032 | Future Market Insights, Inc.

The camera accessories market size forecasted to registering 13.5% CAGR during the forecast period (2022-2032), projected to reach US$ 12.34 Billion by 2032.

The increased demand for high-end digital cameras has boosted the camera accessories market globally. Camera accessories mainly enhance the accessibility, usability, efficiency, and working life of the camera. Camera accessories include the lens, screen protectors, tripods, monopods, bags and punches, batteries and charges, and others.

The wide range of uses of cameras for wildlife, landscape, wedding, fashion, portrait, sport, aerial and action, photojournalism, and commercial will drive the camera accessories market growth. The importance of camera accessories is inevitable for professional photographers.

A fast prime lens, tripod, remote shutter release and polarizing filter help the photographer to take better photos. Moreover, a camera bag and strap help to protect the valuable equipment and additional batteries and memory cards allowing the photographer to shoot continuously.

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Global Camera Accessories Market: Reasons for Covering this Title

Global demand for high-end cameras is high among the youth in the urban population. With the assistance of different camera accessories, it has become possible to enhance the quality and experience of photography. The high-end camera buyers tend to buy the camera accessories for stability and accessibility.

Although the smartphones highly hamper the camera and its accessories market, the demand for the camera and its accessories by professional will grow owing to increased demand in their respective industry.

According to industries that demand the use of the camera, the various camera accessories will be in need. It necessitates by studying the camera accessories market. The product innovations and new product launches in the camera accessories market are estimated to make the survival of the market.

Global Camera Accessories Market: Key Players

Some of the key players operating in the global Camera Accessories market are Canon Inc., Nikon Corporation, Sony Corporation, Fujifilm Holdings Corporation, Olympus Corporation, Panasonic Corporation, GoPro, Inc., CASIO COMPUTER CO., LTD., Leica Camera AG, CP PLUS, Ricoh Imaging Americas Corporation, SAMSUNG GSG, Vitec Imaging Solutions Spa, Peak Design and RED among others.

Camera Accessories Market: Key Trends

There is a high demand for high-performance lenses as the Internet of Things (IoT) advances and security become more critical for the safety of life and property.
A rapid acceleration in the switching of a single lens reflex camera to the mirror-less camera has brisk the camera accessories market.

Camera Accessories Market: Key Developments

In October 2018, a special version of the Manfrotto Befree tripod was launched that targeted professionals who demand outmost quality and high performance.
In September 2018, Eastman Kodak Company and Kodak Alaris announced the availability of highly anticipated KODAK EKTACHROME Film line worldwide.
In September 2017, Sony Corporation and Vitec Photographic has announced collaboration in the imaging market consolidating both companies position in the market.

Opportunities for Camera Accessories Market Participants

Cameras with interchangeable lens coupled with their upgraded features and superior quality of images have high growth boosting the camera accessories market. High-quality lenses and lens filters will drive the camera accessories market prominently.

There is the rising popularity of cameras among the women owing to the attractive aesthetic looks and women concentric advertisements will enhance the camera accessories market growth.

Not only developed countries but also developing nations are estimated to have a good camera accessories market presence. The saturation of the camera accessories market in developed countries will focus on the developing countries market enhancement.

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Brief Approach to Research for Camera Accessories Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Camera Accessories Market sizes.

Global Camera Accessories Market: Market Segmentation

On the basis of product types, the global camera accessories market has been segmented as –

Filter lens
Lens
Screen protectors
Memory cards
Camera bags and pouches
Tripods and mounts
Batteries and chargers
Others

On the basis of types of gear, the global Camera Accessories Market has been segmented as –

Drones
DSLR
Mirror-less
Professional DSLR
Video camera

On the basis of the distribution channel, the global Camera Accessories Market has been segmented as-

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Online Store
Others

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Dishwashing Additives Market Size & Share | Industry Trends Analysis Report for 2032

The dishwashing additives market size is poised to reach a valuation of US$ 1.4 Bn in 2022. Sales are projected to increase at a 6.5% CAGR, with the market size reaching US$ 2.6 Bn by 2032.

The global market for dishwashing additives is expected to grow in conjunction with the culinary industry. Dishwashing products are widely used in both household and commercial kitchens, indicating that the demand will gain traction in the forthcoming years.

As a result of rising environmental concerns, eco-friendly businesses are likely to gain traction in the global dishwashing additives market. Increasing demand for green dishwashing additives is one of the primary factors driving the market. Chemical-free natural and plant-based household items have been determined to be safe for both humans and the environment.

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In dishwashing detergents, producers tend to use natural components such as natural aroma oils and flower extracts. For example, Seventh Generation is a well-known natural home product brand in the U.S. that invests heavily in marketing and promotion. Goodmaid Bioby Goodmaid Chemicals and Green Works by The Clorox Company are two of the most popular eco-friendly household dishwashing detergents on the market.

“Energy and water savings due to well-timed usage of dishwashing additives, improved consumer perception of hygiene and cleanliness, and a rise in the number of restaurants and dining venues resulting in increased use of dishwashers are some of the key factors driving the global dishwashing additives market,” says an FMI analyst.

Key Takeaways:

Based on product type, sales of branded dishwashing additives will remain high.
In terms of applications, the adoption of dishwashing additives in the residential sector will gain traction through 2032.
The U.S. will continue dominating the North America dishwashing additives market over the assessment period.
China will emerge as a lucrative pocket in the East Asia dishwashing additives market.
India will account for a dominant share in the South Asia dishwashing additives market over the forecast period.

Competition Landscape

Some of the leading players operating in the global dishwashing additives market include Unilever N.V., Blueland, Bombril, Reckitt Benckiser Group plc, Church & Dwight Co. Inc., SC Johnson & Son Inc., The Clorox Company, Godrej Consumer Products Limited, The Procter & Gamble Company, Colgate-Palmolive, Henkel, McBride, and Kao Corporation among others.

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Global Dishwashing Additives Market by Category
By Product Type:

Branded
Private Label

By Application:

Commercial
Residential

By Form Type:

Liquid
Powder
Others

By Sales Channel:

Hypermarkets/ Supermarkets
Independent Grocery Stores
Specialty Stores
Wholesalers/Distributors
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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North America Toilet Seat Market Size & Share | Global Industry Report for 2032

The North America toilet seat market is expected to surpass a valuation of US$ 1.44 Bn at a CAGR of over ~5.4% through 2032.

Growth in the market is underpinned by rising adoption of smart toilet seats as they are more hygienic and facilitate hyper convenience. This is expected to drive the sales of toilet seats in North America over the forecast period (2022-2032).

Smart toilet seats incorporate new technical features like heated surfaces, and bidet toilets operated with remote control technologies. These toilet seats are easy to install and also are highly rated in case of convenience and comfort, especially for feminine hygiene.

Few smart toilet seat concepts also incorporate some the additional features like LED lights, and many others. This feature of LED lights helps provide the users with optimal light intensity during dark nights for guidance. These LED lights are sensor-operated.

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Such developments of smart toilet seats that are a perfect blend of styles, designs, and technology are likely to facilitate future growth in the toilet seat market. As the preferences for smart premium toilet solutions is rising, the concept of the smart toilet seat is likely to successfully fuel market growth.

Key Takeaways from the North America Toilet Seat Market Study

Toilet seats that provide therapeutic benefits are also available in the market that is light-weight and portable.
Online sales are expected to register high growth as people have now shifted towards online buying amid the covid-19 outbreak.
In the case of material type, plastic toilet seats are highly popular in the market as they preferred by mass population and are also economic in terms of price range.
In terms of country analysis, the US is dominating markets together accounting for a market share more than 79% as the penetration and the adoption of products is high in the country.

“Installation and use of smart toilet seats has surged as a result of the growing trend of house refurbishment and restoration. Further, growing construction and renovation activities in residential sector across the U.S. will drive the North America toilet seat market.” says an FMI analyst.

Who is winning?

Major players present in the toilet seat market are Kohler Company, Bemis Manufacturing Company, Gensey Industries Inc, Roca Sanitario SA, Hamberger Sanitary, Villeroy and Boch Company, Aosman Sanitary Ware Company, Ltd, Huida Sanitary Ware Company Ltd., LIXIL Group Corporation, TOTO Ltd, and among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the North America toilet seat market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

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North America Toilet Seat Market By Category

By Product Type:

Standard Toilet Seat
Smart Toilet Seat

By Shape Type:

Round/U-Shape
Elongated

By Material Type:

Plastic
Stainless Steel
Aluminium
Vinyl
ABS
Polypropylene
Wood
Others

By Price Range:

Below US$ 50
US$ 50-US$100
US$ 100 and Above

By End Use:

Residential
Commercial
- Hotels/Restaurants
- Corporates/Enterprises
- Hospitals
- Salons & Spa
- Public Places
- Others (Malls, Airports, etc.)

By Sales Channel:

Wholesalers/Distributors
Multi-Brand Stores
Specialty Stores
Hypermarkets/Supermarkets
Independent Small Stores
Online Retailers
Other Sales Channel

By Country:

US
Canada

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Cooker Hoods Market Size, Share, CAGR & Forecast Report for 2032

The global cooker hoods market is anticipated to grow at a 3.6% CAGR, with sales expected to reach US$ 12.1 Bn in 2022. In light of this, the global market for cooker hoods will grow to US$ 17.15 billion by 2032. Cooker hood sales account for 5–10% of the global market for home appliances.

Another factor which is driving the market is the presence of leading market players in the country. With technological advancements, small and medium companies are making progress via new contracts and collaborations with technology-based startups, which, in turn, is driving sales of cooker hoods.

“The introduction of ductless cooking hoods, along with rising demand for smart kitchen appliances across the globe will augment the growth in the market in the forthcoming years,” says an FMI analyst.

In Europe, U.K is expected to account for a dominant share in the market owing to rapid development of more innovative, energy efficient, and technologically advanced household appliances.

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Key Takeaways:

Based on product type, sales of integrated cooker hoods will remain high.
By applications, demand for cooker hoods in the residential segment will gain traction.
In terms of sales channel, the exclusive stores segment will expand at a considerable pace over the assessment period.
The U.K. will continue dominating the Europe cooker hoods market over the forecast period amid high demand for smart kitchen appliances.
India will emerge as a lucrative pocket owing to the expansion of the foodservice sector in the country.

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Competition Landscape

Appliances are being integrated with Internet of Things (IoT) platforms by market players. Apps for mobile and desktop devices allow smart kitchen equipment to work remotely and wirelessly,in real-time. Mergers and acquisitions, as well as product development and innovation, are among the strategies adopted by key players to gain a competitive edge.

Adding new features and functionality is a major concern for companies. Major players present in the Cooker Hoods market are Bosch, Miele, Siemens, Elica hoods, Midea, Luxair Cooker Hoods Limited, Inflame Appliances Ltd, Eico A/S, Westin, Candy Hoover Group S.r.l, Falmec Kitchen Appliance Limited and Hafele Appliances among others.

Cooker Hoods Market by Category

By Product Type:

Chimney/wall-mounted cooker hoods
Integrated cooker hoods
Downdraft cooker hoods

By Technology:

Extraction Technology
Filter less Technology

By Application:

Residential
Commercial

By Sales Channel:

Multi-Brand Stores
Exclusive Stores
Online Stores
Independent Stores
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East and Africa (MEA)

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Middle East and Africa Kitchen Storage Market Size, Share & Growth Report for 2032

The middle east and africa kitchen storage market is projected to reach a valuation of US$ 1.2 Bn in 2022, likely to surge at a vigorous 4.5% CAGR from 2022 – 2032.

Since the last few years, kitchen storage has grown in significance. Homeowners’ willingness to spend on home design items is mirrored by an increase in their spending on kitchen storage accessories.

Kitchens must have space for everything necessary, from tableware to culinary supplies like cooking oil and spices.

By minimising clutter and congestion, kitchen storage organisation goods including cabinets, drawers, tableware & serving storage, and pantry organisers significantly help in the creation of more navigable space, enabling people to make better use of kitchen space.

Different-sized storage accessories are being marketed by manufacturers depending on the size of the residence. According to projections, the global market for kitchen storage would be worth over US$ 150 billion by 2027 and rise at a compound annual growth rate of more than 3% from 2019 to 2027.

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Global Kitchen Storage Market- Competitive Landscape

The existence of a sizable number of market participants, which gives the global kitchen storage market its competitive aspect, distinguishes it.

Flywell International Corp, Masterclass Kitchens, Enclume Design Products, Kitchen Magic, Rev-A-Shelf, Inter IKEA Systems B., and ShefGenie Franchise Systems, LLC are a few notable participants in this market.

These players are focusing on joint ventures, acquisitions, and product introductions. For instance, Knape & Vogt expanded its kitchen storage organisation market by purchasing Diamond Storage LLC and CompX International’s furniture components operations in 2013.

In order to increase its sales of Now Kitchens’ product line, Masterclass Kitchens and the latter company partnered in January 2016. The company currently offers a wide range of goods, from contemporary kitchens to freestanding furniture.

The LifeProof Glass Water Bottle from Anchor Hocking LLC was unfilled with plastic the following year. This bottle stands out because it was made using a glass tempering method, which makes it significantly stronger than a typical glass bottle.

Metal Kitchen Storage Devices to Generate Latent Opportunities, Wooden Shelves Surge in Popularity

Over the course of the projected period, metal kitchen storage devices are becoming more and more popular due to their high corrosion resistance, increased durability, and longer lifespans. Customers are spending a lot of money on stainless steel cabinets because they dramatically reduce the likelihood of rusting when exposed to moisture or air and are made from high nickel and chromium alloys.

Steel is also resistant to high temperatures.

Additionally, steel-based kitchen storage items are non-permeable, which means nothing can flow through them and makes cleaning much simpler.

However, wood-based technology is gaining popularity due to its aesthetic value and ease of cleaning from accumulated dirt and dust. Because it is lightweight, organising it is also made simpler.

Sink & Under Sink Sales to Hold Major Sway across the Forecast Period

Stainless steel, cast iron, composites, and solid surfaces are becoming increasingly popular materials for kitchen sink and under-sink accessories. This is due to the fact that managing kitchen trash is becoming increasingly crucial. To keep a neat and clean home, kitchen trash must be disposed of properly.

Since consumers want to save money, multi-functional sinks are growing in popularity nowadays. For instance, sinks now come with guards, drain kits, strainers, and soap dispensers.

Additionally, sensor-equipped smart sinks are increasingly popular for controlling water usage. By 2027, the sinks and smart sinks market will be worth US$40 billion.

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Residential Grade Kitchen Storage Devices to Enjoy the Lion’s Share, Commercial Grade Catching Up

Customers want more sophisticated dwelling designs and layouts as urbanisation intensifies. Due to the increased need for effective and sustainable kitchen management, there has been an increase in the price of kitchen storage accessories.

Manufacturers are increasing their chances of making money by selling environmentally friendly goods, like energy-efficient dishwashers, which help consumers save money.

By the end of 2027, the residential grade market will be worth close to US$ 150 billion. Simultaneously, the rising popularity of eating in cafeterias and restaurants is improving commercial-grade kitchen storage appliances, creating profitable prospects for market participants to build significant revenue ecosystems.

Sales of Premium-Grade Kitchen Storage Products Gaining Immense Momentum due to Surging Living Standards

People’s living standards have improved as a result of urbanisation since more of them are working in well-paying positions, which has increased their disposable income levels. As a result, their demand for luxury and high-end goods would inevitably rise.

As a result, they are spending more money on high-end kitchen storage accessories. Consumers are more focused on an improved level of living in the modern day. This suggests that they are prepared to spend a larger portion of their income to obtain goods of excellent quality.

In the case of kitchen storage accessories, consumers are more concerned about an organized kitchen for which they tend to invest in expensive kitchen storage products.

Global Kitchen Storage Market- Company Profile

Flywell International CorpMasterclass KitchensEnclume Design ProductsKitchen MagicRev-A-ShelfInter IKEA Systems B.VShefGenie Franchise Systems, LLCKessebohmer Clever StorageBlum Australia Pty LtdOld Dutch InternationalAnchor Hocking, LLCKnape & Vogt Manufacturing Company

Middle East And Africa Kitchen Storage Market by Category

By Product Type:

Tall Cabinets
Sink Cabinets
Shelving Cabinets
Other Types

By End User:

Residential
Hotels & Restaurants
Cafes
Catering
Other Applications

By Price Range:

Premium
Economic/Low

By Sales Channel:

Direct
Indirect
- Specialty Stores
- Departmental Stores
- Multi-Brand Stores
- Exclusive Stores (Custom)
- Online Retailers
Direct-To-Customer
Third Party Sales

By Country:

GCC Countries
Israel
North Africa
South Africa
Turkey
Rest of MIDDLE EAST AND AFRICA

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Pre-Shave Care Market to surpass US$ 13.4 billion by 2032, Says FMI

In 2022, the Pre-Shave Care Market is anticipated to be worth US$7.9 billion. The market is anticipated to grow at a 5.3% CAGR, reaching US$ 13.4 billion by 2032.

The market for pre-shave care should see potential for expansion due to rising demand for men’s grooming products. In order to meet the rising demand, manufacturers are funding R&D as well as promotional strategies.

The evolution of several male grooming products, including pre-shave care products, has been a result of the evolution of men’s grooming practises among all age groups.

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Additionally, customers are becoming more likely to have aromatherapy, facials, and pedicures. Due to increased urbanisation and an increasing trend toward individualism, sales of pre-shave care products for males are anticipated to increase dramatically.

In addition, the market is expanding as a result of the rising popularity of websites that offer products for men’s health and fitness as well as the expansion of publications devoted to men’s grooming and lifestyle.

Key Takeaways:

Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.

Competition Landscape

Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.

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Global Pre-Shave Care Market by Category

By Product Type:

Pre-Shave Foam
Pre-Shave Cream
Pre-Shave Gel
Pre-Shave Soap
Other Pre-Shave Products

By Nature Type:

Natural/Organic
Conventional

By Consumer Orientation:

Men
Women

By Price Range:

Low
Medium
Premium

By Sales Channel:

Supermarkets/Hypermarkets
Specialty Stores
Multi-Brand Stores
Salon/Grooming Clubs
Drug Stores & Pharmacies
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Cytokinins Market will reach a value of US$ 3.64 Billion by 2032 at a CAGR of 7.9%

The market for cytokinins is anticipated to expand at a 7.9% CAGR over the course of the forecast period, rising from US$ 1.7 Billion in 2022 to US$ 3.64 Billion by 2032.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Cytokinins market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Cytokinins market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Cytokinins in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Cytokinins market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Cytokinins market is expected to witness in the upcoming decade.

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Impact of COVID-19 on Cytokinins Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Cytokinins market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Cytokinins Market Report

How will the Cytokinins market expand through 2032?
Which region is the most lucrative in the Cytokinins market?
What are the recent technological developments in the Cytokinins market?
What are key challenges and competition threats faced by Cytokinins market players?
Who are prominent players leading the Cytokinins market?

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Cytokinins Market: Key Segmentation

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

Type:

Adenine Cytokinins
Phenyl Urea Cytokinins
Other Cytokinins Types

Function:

Cytokinins for Cell Division
Cytokinins for Cell Elongation
Cytokinins for Morphogenesis
Cytokinins for Apical Dominance
Cytokinins for Phloem Transport
Cytokinins for Seed Dormancy
Cytokinins for Senescence
Cytokinins for Other Functions

Cytokinins Market: Competitive Evaluation

The FMI’s Cytokinins market report provides a comprehensive analysis on key players operating in the Cytokinins market.

Key players in this market include BASF SE, Crop Care Australasia Pvt Ltd., Du Pont, Redox Industries, Xinyi Industrial Co. Ltd., Bayer CropScience, Sichuan Guoguang Agrochemical Co. Ltd, Sigma Aldrich, NuFarm Ltd., and amongst others.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

Extensive analysis on high growth niche markets across major regions
Detailed assessment on key segments and sub-segments
Recent and upcoming strategies tracked of manufacturers for the Cytokinins market
Reliable information on new product launches, technological advancements, and more
Valuable insights on the impact of regulatory framework on the global Cytokinins market

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 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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Chromatography Resins Market: Top trends driving the industry to reach US$ 2.22 Bn

During the years 2022-2032, the global chromatography resins market is anticipated to expand at a CAGR of 2.7%. As of 2022, the market is valued at US$ 1700.78 million, and by 2032, it is anticipated to reach a valuation of US$ 2220 million.

Chromatography resins are used in purification and separation of proteins and other bio-molecules in biotechnology, pharmaceutical, food manufacturing, and environmental analysis. Chromatography resins are of three types, viz., synthetic, natural and inorganic media.

Natural and synthetic resins are preferred over inorganic media. Chromatography resins are used in affinity, mixed-mode, ion-exchange, hydrophobic interaction and size exclusion techniques. In terms of revenues, Protein A resins accounted for the highest share of the market.

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The main driver for the chromatography resins market is huge demand for monoclonal antibodies. Huge demand for monoclonal bodies is on account of the number of growing critical diseases resulting in these types of therapeutics to swiftly gain significance.

Biotechnology & pharmaceutical are the leading end-users for chromatography resins and are likely to gain more importance in near future. Food manufacturing was second-largest end-user application for chromatography resins.

Chromatography resins are also used in industrial applications, genetic engineering and drug recovery. However, presence of stringent regulations regarding manufacture and usage of this product is expected to hamper the growth of the market over the next few years.

Research & development in chromatography resin for various applications is expected to open new opportunities for the growth of the market.

In technology terms, ion-exchange chromatography had the highest consumption in past few years. Though, affinity chromatography resins hold the key share of the revenue. This is mainly due to the higher selling costs associated with affinity resins.

Demand for chromatography resins was highest in North America. However, there is huge demand for chromatography resins from Asia Pacific region due to the growing pharmaceutical industry, particularly in India, China and South Korea. Additionally, the emergence of CMOs and CROs is driving the chromatography resins market in Asia Pacific region. Europe is expected to show steady growth over the forecast period.

Some of the key players in the chromatography resins market are Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Tosoh Corporation, Merck KGaA, Life Technologies Corporation and Pall Corporation among others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology.

It provides analysis and information by categories such as market segments, regions, product type and distribution channels.

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The report covers exhaustive analysis on

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

Regional analysis includes

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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

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Dodecanedioic Acid Market to grow at a rate of 7% by 2032 | Get Customized Reports

The market for dodecanedioic acid is expected to grow from US$ 866.57 million in 2022 to US$ 1,704.68 million by 2032. During the forecast period, it is expected that the dodecanedioic acid (DDDA) market will expand at a CAGR of 7%.

Dodecanedioic acid (DDDA) is a dicarboxylic acid. DDDA is a white solid with slight odor. Its melting point is 1280C and boiling point is 2500C. DDDA is used in various applications such as surfactants, corrosion inhibitors, paints and medical applications among others. It is used as adhesives, capacitor electrolyte and as plasticizer in various applications.

It can be used as an ingredient for heat transfer fluid and corrosion resistant coats. Additionally, DDDA is used as a stabilizing and curing agent in powder coatings. However, in spite of its’ several applications, the major application of DDDA is polyesters, especially polyamides, epoxy resins. DDDA is manufactured from butadiene through a chemical process. There is no health issue associated with inhalation of DDDA due to its lower vapor pressure. DDDA is neither genotoxic nor mutagenic.

The market for dodecanedioic acid was mainly driven by polyamides market. Dodecanedioic acid is majorly used in manufacturing of polyamide 6,12. Polyamide 6,12 is majorly used in manufacturing nylon products.

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DDDA is also used in polyester coatings, diester synthetic lubricants and fibers among others. Dodecanedioic acid is used in flame retardants, fertilizers, flavors and fragrances, cleaning agents and dyestuffs among others. Investing in biodegradable DDDA has been the major opportunity for the dodecanedioic acid market.

The manufactures are focusing on bio-based DDCA in near future. Verdezyne Inc., a U.S. based company is planning to open new DDDA plant in Malaysia. The plant will utilize lauric acid as chemical feedstock in order to manufacture DDDA. The project emphasizes on bio-based DDDA manufacturing. However, environmental issues can act as a major restraint for the dodecanedioic acid market in upcoming years.

In terms of demand, Asia Pacific was the leading region in dodecanedioic acid market. Growing demand of dodecanedioic acid for nylon 6,12 market has been the major driver for the growth in the market. India and China are the major consumers for the DDDA market.

The demand for polyamides and paints products is more in this region helping the DDDA market to grow in this region. Asia Pacific was followed by Europe where the demand for dodecanedioic acid is anticipated to grow in upcoming years owing to huge nylon, adhesives and plasticizers market. The demand for DDDA is more from European countries such as Germany, the UK and Italy.

North America is expected to be growing market for dodecanedioic acid in near future. The demand is likely to grow from textile and industrial end-user applications. There is huge demand for polyamides in this market. The U.S. and Canada are the major consumers in the North America region.

The Rest of the World market is expected to show steady growth for dodecanedioic acid market in upcoming years. The Middle East, North Africa and Latin America are anticipated to exhibit higher demand for DDDA in upcoming years due to increasing demand for nylon products from various end-user applications.

Some of the key manufacturers in the dodecanedioic acid (DDDA) market are Beyo Chemcial Co. Ltd., Cathay Industrial Biotech Ltd., Evonik Industries AG, Invista, Sinopec Qingjiang Petrochemical Co., Ltd. US Biotech Company, Verdezyne, Inc. and Zibo Guangtong Chemical Co.,Ltd. among others.

The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

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The report covers exhaustive analysis on

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

Regional analysis includes

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

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Biobased Propylene Glycol Market to surpass US$ 6.65 Billion by 2032, Says FMI

During the forecast period, a CAGR of 4.40% is predicted for the global biobased propylene glycol market. In 2022, the market is expected to be worth US$4.32 billion. By the year 2032, it is predicted that the market for biobased propylene glycol will reach a high of US$ 6.65 billion. According to Future Market Insights’ analysis, the historical market valuation was $4.14 billion.

Propylene glycol, also known as 1,2-propane-diol, is a multifunctional chemical used in several industrial fields, pharmaceuticals, food and cosmetics. Conventionally, it is obtained from petroleum based feedstock for industrial scale production. Recent developments have uncovered a new technique for obtaining propylene glycol from corn starch. The process involves production of carbohydrates from starch.

Biobased products are adopted on the premise that they are environment friendly attributed to their renewable origin. However, environment friendliness of any product depends upon various factors some of which include emission of green house gases throughout various steps involved in a products lifecycle, i.e., from raw material production to degradation of after-use residues through production, distribution and end-use.

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Some biobased products might be environment friendly until they are converted to finished products but might breakdown into toxic residual materials. Biobased propylene glycol process was compared to the petroleum based route to find out the environment friendliness of both methods by Archer Daniels Midland Company.

The results showed that there is a 61% reduction in green house gases emissions, proving that biobased propylene glycol performs better than petroleum based propylene glycol in terms of carbon footprints.

Propylene glycol is a multi functional material that can be utilized for several applications. It can serve as solvent, connect and stabilize insoluble fluids as an emulsifier, help in binding and transportation of other substances as an excipient.

It can also be used to hold and dissolve active ingredients in a medium, attract, hold, water or moisture as an hygroscopic material, reduce freezing point, and increase boiling point.

Regulatory pressure to reduce carbon footprint and a general shift towards environment friendly products to enhance sustainability of processes is expected to drive the market for biobased propylene glycol. Additionally, with increase in disposable income of the rapidly growing population the market of personal care products and food products is expanding due to the escalating demand.

This, in turn, adds to the demand for biobased propylene glycol. However, competing uses of the biobased feedstock sources such as corn and soy as foods and biofuels might hamper the market growth by causing supply shortages. Furthermore, supply of raw materials also depends upon the yield of the crops and the number of farmers undertaking the production of corn and soy.

Polypropylene glycol is primarily used as a chemical intermediate, especially for unsaturated-polyester resins utilized in surface coatings and fiberglass reinforcement for structures. Polypropylene glycol is also utilized for the production of industrial chemicals and personal care products, cosmetics and pharmaceutical preparations and solvent for colors and flavors in food, liquid detergents & household products, plasticizers, pet food, lacquers & varnishes and tobacco humectants.

North America and Europe are likely to be the leading markets supported by strict regulations regarding carbon footprint, green house gases emissions and sustainability initiatives. U.S. in North America and Brazil in South America are among the largest producers of corn and soy, which secures supply of the raw materials for biobased feedstock production in these regions.

Asia Pacific and Rest of the World markets are expected to grow rapidly with initiatives being taken towards sustainability and reduced carbon footprint. China and Japan are leading in shift towards sustainable processes and reduction in carbon footprint of the industries in the region. This is anticipated to fuel growth of biobased propylene glycol in these regions.

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Some of the key players producing biobased propylene glycol include Archer Daniels Midland Company, Ashland Incorporation, Cargill and the Dow Chemical Company.

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

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