Market Research Blog – Page 9225 – New Product Development

Paint Additives Market is expected to register a CAGR of 4.6% by the end of 2032

The global paint additives market is projected to reach a value of US$ 14,877.8 Mn by 2032, with overall demand growing at a moderate CAGR of 4.6% from the forecast period of 2022 to 2032. Predicted to reach an estimated US$ 9,489.0 Mn in 2022, the paint additives market is spurred by escalating usage in diverse industry verticals such as automotive, architectural, wood & furniture, and others. Building and construction industry is one of the primary growth drivers for the paint additives market over the forecast period.

Paint additives help enhance the performance, efficacy, and usefulness of paint while addressing flaws, and increasing functionality. These additives remove deficiencies in the coating, boost abrasion resistance, stem the growth of microbes, and bestow distinctive properties to the paint, which are not easily attained. The escalating demand for paints and coatings is mainly because of the swift growth witnessed in the automotive and construction sectors. Further, the growing need to improve the efficiency and functionality of paints is expected to continue to play a vital role in the rising demand for paint additives throughout the upcoming decade.

One of the primary end-user and growth drivers of the paint additives market is the building & construction sector. A wide range of paints and coatings are used to beautify and shield the details on the building surface. The paint additives market is growing at a rapid rate due to the extensive usage of paint additives in commercial and residential construction. These additives provide water resistance, corrosion resistance, abrasion resistance, and thermal resistance. The growth of infrastructure activities like highways and dams, particularly in developing countries, are further propelling the growth of the target market.

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In addition to this, elevated demand for low VOC paints also augments the sales of paint additives in the global market. Low VOC paints ensure cleaner air, easier cleanup, greater durability and longevity as well as economic effectiveness. All of these aforementioned factors work in tandem to provide a positive market atmosphere for paint additives over the forecast period.

“Expanding construction and building sector including infrastructure projects in developing countries will propel the market growth of the paint additives over the forecast period,” says an FMI analyst.

Key Takeaways:

Rising adoption of paint additives in automotive, wood & furniture, and other industries will facilitate market growth.
Strict environmental regulations may hinder the expansion of the paint additives market.
China accounts for over 50% of the market share.
In 2022, the U.S. will hold about 17.4% of the global market share.
Based on application, the rheology modification application segment will account for the largest market share.
Water based paint additive segment is expected to dominate the market.

Competitive Landscape

AkzoNobel N.V., Arkema SA, Asahi Glass Co. Ltd., Ashland Inc., BASF SE, BYK-Chemie, Dow Chemical, Evonik Industries, Arch Chemicals, Lonza, and Daikin Industries among others are some of the major players in the paint additives market profiled in the full version of the report.

Leading market players are focusing on expanding their manufacturing capacities to cater to the growing demand. Mergers, acquisitions, collaboration, product releases, and facility expansions are some of the other strategies employed by these organizations.

More Insights into Paint Additives Market Report

In its latest report, FMI offers an unbiased analysis of the global paint additives market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (acrylics, fluoropolymers, urethanes, metallic additives, others (epoxy, polyalkyds, and amines), formulation (solvent based, water based), application (rheology modification, biocides impact modification, wetting & dispersion, anti-foaming, others (flexibility, curing, slip & rub)), end use (industrial, automotive, architectural, wood & furniture, others), and region.

According to the latest FMI reports, based on segmentation, the rheology modification segment is predicted to remain one of the most common applications in the paint additives market. In terms of formulation, water-based paint additives will gain traction over the forecast period.

Based on region, the paint additives market in China is anticipated to exhibit significant growth over the assessment period. The country is expected to dominate the Asia Pacific regional market, accounting for over 50% of the market share. The rapid growth of the automotive sector coupled with the expansion of the construction industry are accountable for the market growth of paint additives during 2022-2032.

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Paint Additives Market Outlook by Category

By Product Type:

Acrylics
Fluoropolymers
Urethanes
Metallic Additive
Others (Epoxy, Polyalkyds, and Amines)

By Formulation:

Solvent Based
Water Based

By Application:

Rheology Modification
Biocides Impact Modification
Wetting & Dispersion
Anti-Foaming
Others (Flexibility, Curing, Slip & Rub)

By End Use:

Industrial
Automotive
Architectural
Wood & Furniture
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

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Chemical Testing Services Market is reaching US$ 49.52 Bn at a gracious rate of 5.4% by the year 2032

The global chemical testing services market is predicted to showcase a steady CAGR of 5.4% during the forecast period from 2022 and 2032. The global market is anticipated to reach US$ 29,267.65 Mn in 2022 and is further projected to reach US$ 49,521.5 Mn by the end of 2032.

The global chemical testing services market registered a CAGR of 4.7% over the historic evaluation period from 2012 to 2021. The market is anticipated to witness healthy growth over the present projection period from 2022 and 2032 of around 5.4%. The growth is attributed to the rising government regulations for the manufacturing industry, specifically chemicals, paints & coatings, and food & beverages, and is projected to remain one of the key growth drivers for the global chemical testing services market in the assessment period.

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The chemical testing services market has been subjected to a specific variety of macroeconomic and industrial factors, including chemical industry growth, development of the manufacturing industry, expansion of the mining sector surging advancements in the field of nanotechnology. These industrial factors are anticipated to significantly hike growth across the forecast period.

Key Takeaways

Governments of several countries are making continuous efforts to not just enhance the export quality of chemical testing and certification of consumer products but also improve the quality with the help of several food safety standards. Latin America is known as the most prominent food exporter in the world.
Some of the most commonly exported food products to the U.S. from Latin America comprise fresh fruits, Aronia berries, salmon, and coffee among others. Therefore, in order to broaden its growth prospects, Latin America is concentrating on the implementation of new chemical testing regulations and inspection norms for food products to comply with international food standards.
To successfully cater to the high international demand, the domestic market was previously neglected, although due to rising globalization, domestic food products have also been reviewed through food safety programs, testing, as well as certification. These factors are projected to support growth in the global chemical testing services market, especially in the food industry.
Chemical testing certification in numerous industry verticals is strictly regulated by a massive number of leading chemical testing regulatory bodies, and these norms vary as per different regions. Some of the leading agencies such as REACH Regulation and RoHS Directive are known as well-established and trustworthy agencies which are majorly responsible for the testing and certification of a huge range of chemical products.
According to chemical testing regulatory bodies, manufacturers ought to use non-hazardous chemicals in their end-use products and goods and are only allowed to send them to their consumers. The food manufacturers who receive REACH and RoHS certifications are allowed to incorporate the logo in their packaging.
The surging participation of small and medium-sized enterprises in the global chemical testing services market is expected to show remarkable growth in the next decade owing to the ongoing innovations in services offered by several waste management companies in the market.

Competitive Landscape

The global chemical testing services market is witnessing merger and acquisition activities among various key players in order to enhance its customer base and surge its presence in untapped industries and regions. In addition to that, key market participants are focusing on launching new services and innovating their present testing procedures owing to the drastic technological shift in multiple industries and continuous development in these industries.

More Insights into the Chemical Testing Services Market

Several key players across North America are offering in-house testing and third-party testing (outsourcing) services in the U.S. In the advent of industrialization, various companies are going through multiple hurdles driven by the increasing complexity in their operations, which is further creating unprecedented levels of supply chain risks. The North American region is expected to garner 16% of the total market share over the forecast period.

Germany is predicted to remain one of the prominent countries in the European chemical testing services market in the next ten years. Expansion of the chemical, petrochemical, plastic & polymer, and paints & coatings industries in Germany is likely to boost the chemical testing market. According to FMI, the German market is anticipated to account for around 4.6% of the global market share in the forthcoming years

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Chemical Testing Services Market Outlook by Category

By Testing Service:

Chemical Composition Analysis
Chemical Trace Analysis
Chemicals Regulatory Compliance Testing
Contamination Detection and Analysis
Material Testing and Analysis
Elemental Analysis Certification
Others

By Sample Type:

Agrochemicals & Pesticides
Basic & Industrial Chemicals
Dyes & Detergents
Lubricants & Greases
Nanomaterial
Petrochemicals
Polymers & Plastics
Specialty Chemicals

By End Use:

Consumers Goods
Packaging & Paper
Toys
Cosmetics
Detergents & Cleaning Products
Hygiene Products
Food Material
Electrical and Electronic Products
Automotive
Environmental
Manufacturing

By Region:

North America
Latin America
East Asia
Europe
South Asia & Pacific
Middle East & Africa

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Soil Testing, Inspection, and Certification Market Worth US$ 1.4 Bn by 2027 – Exclusive Report by FMI

The soil testing, inspection, and certification market: Commercial End Use Segment to Represent Absolute $ Opportunity of US$ 1.4 Bn by 2027: Global Industry Analysis 2012- 2016 and Opportunity Assessment 2017-2027

The global soil testing, inspection, and certification market and presents an extensive forecast of the global market over a 10 year period from 2017 – 2027. The report ‘Soil Testing, Inspection, and Certification Market: Global Industry Analysis 2012- 2016 and Opportunity Assessment 2017-2027’ is an unbiased and detailed take on the global soil testing, inspection, and certification market and focusses on the various market segments that are tracked across key geographies around the world.

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Global Soil Testing, Inspection, and Certification Market: Growth Factors

some of the main factors boosting the growth of the global soil testing, inspection, and certification market are:

A growing threat to the food chain due to soil, air, and water contamination
Growing consumer preference for organic food
Increasing degradation of the soil
Rising focus on environment preservation and security

There are other factors fuelling growth of the global market such as stringent regulations pertaining to soil testing, inspection, and certification; rapid globalisation; growing number of mergers and acquisitions in the soil testing, inspection, and certification industry; outsourcing of the testing, inspection, and certification function to third party experts; and an increasing number of soil testing laboratories particularly in India.

Global Soil Testing, Inspection, and Certification Market: Segmental Forecast

The global soil testing, inspection, and certification market is segmented on the basis of Test Type into Contamination (Toxins, Chemicals, Pathogens, Others); Quality (Physical Properties, Metal, Organic Matter, Nutrients/Elements/Minerals, Inorganics, Others); and pH Test.

The Quality segment is anticipated to dominate the global market with a value share in excess of 45% throughout the forecast period. This segment will witness an accelerated growth during the forecast period
The pH test segment will witness sustained growth during the period of assessment and record a CAGR of 4.5%

The global soil testing, inspection, and certification market is segmented on the basis of End Use into Residential and Commercial (Agriculture, Landscape Contractors, Golf Courses, Gardens and Lawns, Others).

The Agriculture segment will remain the largest end use segment, projected to reach a market valuation of US$ 1,916.3 Mn by the end of 2027. This segment will register a CAGR of 5.3% in terms of value
The Residential segment will register a CAGR of 5.2% during the forecast period and hold about 24% market share by the end of 2027. This is a potential growth segment in the global soil testing, inspection, and certification market

The global soil testing, inspection, and certification market is segmented on the basis of Service into Testing (Routine Soil Testing, Greenhouse Saturation, Other Special Test); Inspection; and Certification.

The Testing segment is anticipated to grow at a CAGR of 4.9% over the forecast period. Testing is the largest segment by service, estimated to hold more than 50% market share by the end of the forecast period
Certification is the second largest segment in terms of market share, anticipated to account for almost 35% value share by the end of 2027. This segment will grow at a CAGR of 5.2%

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Global Soil Testing, Inspection, and Certification Market: Regional Analysis

Future Market Insights tracks the performance of the global soil testing, inspection, and certification market across the key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and the Middle East & Africa.

Western Europe will remain the largest regional market in terms of revenue followed by Asia Pacific Excluding Japan. While Western Europe is projected to reach a market valuation of about US$ 1,850 Mn by 2027 end, APEJ will be valued at almost US$ 1,493 Mn by the end of the forecast period. Western Europe will register the highest regional CAGR of 5.4%. The Western Europe regional market will witness an increase of 142 basis points in its market share during the forecast period.

Global Soil Testing, Inspection, And Certification Market: Taxonomy

Test Type

Contamination
- Toxins
- Chemicals
- Pathogens
- Others
Quality
- Physical Properties
- Metal
- Organic Matter
- Nutrients/Elements/Minerals
- Inorganics
- Others
pH Test

End Use

Residential
Commercial
- Agriculture
- Landscape Contractors
- Golf Courses
- Gardens and Lawns
- Others

Service

Testing
- Routine Soil Testing
- Greenhouse Saturation
- Other Special Test
Inspection
Certification

Region

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

Global Soil Testing, Inspection, and Certification Market: Vendor Landscape

The report features some of the leading companies operating in the global soil testing, inspection, and certification market such as SGS SA, Intertek Group, Bureau Veritas, Yara International ASA, ALS Ltd, Assure Quality, Exova Group, SCS Global, RJ Hills Laboratories, APAL Agriculture, TUV Nord AG, Eurofins Scientific, GE Healthcare and Life sciences, Danaher, Agrolab Group, SAI Global Limited, Cawood Scientific, HRL Holdings Ltd, EnviroLab, and SESL Australia.

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Silicon Oil Market- This is How Leading Companies Are Dominating the Global Market

Polydimethylsiloxane (PDMS) is a silicon-based organic polymer, which is commonly known as silicon oil. Silicon oil is a group of polymeric and monomeric compounds that constitutes of silicon-oxygen bonds named organosiloxane.

Because of the viscous nature and water repellant characteristic, it is termed as silicon oil. Silicon oil is transparent, odorless, and thermally stable in nature. It also exhibits properties such as hydrophobicity, non-flammability, and physiological inertness.

Silicon oil is used as a release agent, anti-foam agent, mechanical fluid, and lubricant among others. It is widely used in personal care applications, beauty care products, mechanical applications, and in a lot more. High molecular PDMS with amino alkyl copolymers are used to make hair conditioning products.

Silicon oil is also used to make skin care products such as sunscreen creams, facial cleansers, and lip glosses & lipsticks due to its glossy, smooth, and hydrophobic nature. Owing to their high viscosity and eco-friendly nature, it is also used as a smoothing and softening agent for fabrics. Thus, silicon oil finds its application in finishing process in textile industry.

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Global Silicon Oil Market: Market Dynamics

Rising disposable incomes along with increasing concern toward skin and hair care due to changing dietary habits, stress, and pollution have resulted in large scale adoption of beauty and hair care products. Therefore, use of silicon oil in cosmetic industry is expected to be one of the reasons for the growth of silicon oil market during the forecast period.

Furthermore, owing to its non-toxic nature, non-flammability, and de-foaming effect, it is used to make ointments, which have good efficacy for burns, bed sores, dermatitis, etc. Thus, adoption of silicon oil in pharmaceutical industry can also be a reason for the growth of the market over the forecast period.

Moreover, it is also used as a lubricating oil in mechanical components. Thus, use of silicon oil in automobile industry is expected to witness moderate growth over the forecast period. Moreover, silicon oil has ability to maintain adhesion between retina and retinal pigment epithelium. Thus, consumption of silicon oil in vitreoretinal surgery is estimated to grow significantly over the forecast period.

However, high manufacturing cost of silicon oil is one of the challenges for the growth of global silicon oil market over the forecast period. Furthermore, use of substitutes (such as bio-based oil) in hair and beauty products can also hamper the growth of silicon oil market over the forecast period.

Global Silicon Oil Market: Regional Outlook

Asia Pacific is expected to hold a major share of the global silicon oil market and is estimated to lead throughout the forecast period. Rapid industrialization in this region is a factor for the silicon oil market growth. Furthermore, this region is expected to witness significant growth over the forecast period.

Asia Pacific region is followed by Europe and North America. Silicon oil is being used for the treatment of vitreoretinal disorders in almost all the developing as well as developed countries and hence it has a greater potential for driving the market growth.

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Global Silicon Oil Market: Market Participants

Examples of some of the major participants operating in global silicon oil market is mentioned below:

Dow Corning Corporation
Wacker Chemie A.G.
Fuchs Group
Lubrizol Corporation
Electrolube
China National Bluestar (Group) Co, Ltd.
Power Chemical Corporation.
Elkay Chemicals Pvt. Ltd.
Iota Silicone Oil (Anhui) Co., Ltd
KCC Basildon Chemical Company Ltd.
ISOL Industries
HNK Silicone

Global Silicon Oil Market: Segmentation

On the basis of product type, global silicon oil market is segmented as below:

Straight silicon oil
Modified silicon oil

On the basis of applications, global silicon oil market is segmented as below:

Lubricant
Anti-foam agent
Water repellant
Solvent
Release agent
Adhesives
Others (insulator, additives, etc.)

On the basis of end-use industries, global silicon oil market is segmented as below:

Personal Care & Home Care
Automotive & Transportation
Energy
Textile
Others (pharmaceutical, electrical & electronics etc.)

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Azodicarbonamide (ADC) Market Size & Share | Global Industry Report for 2026

Azodicarbonamide (ADC) is an odorless yellow, orange color chemical widely used as a blowing agent, foaming agent and also as a food additive in baking. Azodicarbonamide (ADC) is also called as ‘yoga – mat’ chemical due to its primary use in rubber and a plastic product like a flip flop or yoga mat. It provides softness and elasticity, considering this property it is used in the food industry for several years. Azodicarbonamide (ADC) is abundantly practiced by commercial bakers as a whitening agent and conditioner for bread dough.

This crystalline solid is poorly soluble in water, but when water temperature is raised it become marginally soluble, it devours thermally unstable property and hence while baking, it break down to form other chemicals, one of which is Semicarbazide (SEM). Azodicarbonamide (ADC) came into news when FDA took a comprehensive assessment of Semicarbazide (SEM) to check whether its consumption can increase chances of tumor occurrence in human.

International Agency for Research on Cancer claims that excessive use of Semicarbazide (SEM) has raised carcinogen to mice. After assessment, FDA is recommending the use of Azodicarbonamide (ADC) as a food additive but at the level specified in FDA regulation and made a must for bread manufacturer to give a status as GRAS “Generally Recognized as Safe” as well as to mention Azodicarbonamide (ADC) in the ingredient list on bread packaging.

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Global Azodicarbonamide (ADC)Market: Drivers & Restraints

Azodicarbonamide (ADC) has a large field of commercial applications, the growth of global Azodicarbonamide (ADC) market is driven by the demand for high-value products of plastic and rubber component on a day to day usage. Azodicarbonamide (ADC) used as an additive in the manufacturing vinyl (PVC) foam; it plays a vital role in forming air bubbles while breaking down into gas. This leads to strengthening, soften and bringing elasticity to the product it is mixed with. It is abundantly used in the creation of foamed plastics such as toys, gymnasium products, window gaskets, sports shoes, shoe soles, floor mats and much more. After being removed from the subway, azodicarbonamide has achieved a lot of attention for being highly rejected for using in food products as it is used as baking soda to lighten and soften plastic and rubber products. The effect is so impenetrable that it has already restrained azodicarbonamide market in many regions including Europe and Australia who ban the use of it. It is summarized that exposure and consumption to azodicarbonamide are associated with the health risk of respiratory problem, skin irritation, harm to hormonal function and disrupts to the immune system.

Azodicarbonamide (ADC)Market: Regional Outlook

Based on the geographies, global azodicarbonamide (ADC) market is segmented into seven regions — North America’s azodicarbonamide market, Latin America’s azodicarbonamide market, Eastern Europe’s azodicarbonamide market, Western Europe azodicarbonamide market, APEJ azodicarbonamide market, azodicarbonamide market and the Middle East & Africa’s azodicarbonamide market. Among the regions mentioned above, azodicarbonamide market is mainly ruled by Asia Specific excluding Japan and is expected to be the fastest growing market in North America and Western and Eastern Europe as they have already extended to their saturation point and now expect to grow at lower growth rate.

Azodicarbonamide (ADC)Market: Key Players

Some of the market players identified in the global azodicarbonamide market include Arkema, Abtonsmart Chemicals (Group) Co., Ltd., Honeywell International, Kum Yang Co., Ltd., Otsuka Chemical, Weifang Yaxing Chemical Co.,Ltd., Ajanta Chemical Industries, JingJiang Hangsun Plastic Additives Co.,Ltd, , Abtonsmart Chemicals(Group)Co.,Ltd., Jiangxi Selon Industrial Stock etc.

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 done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

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Global Azodicarbonamide (ADC)Market: Segmentation

The global azodicarbonamide market is segmented on the basis of azodicarbonamide sub formation, application and region.

Majorly there are two different type of Azodicarbonamite

Industrial quality
Food grade quality

On the basis of azodicarbonamide sub formation, the global azodicarbonamide market is segmented into:

Semicarbazide (SEM)
Ethylcarbamate (Urethane)

On the basis of azodicarbonamide application type, the global azodicarbonamide market is segmented into:

Blowing Agent
Plastic Additive
Food Additive
Flour bleaching agent and improving agent

On the basis of azodicarbonamide region type, the global azodicarbonamide market is segmented into:

North America
Eastern & Western Europe
Asia Specific excluding Japan

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Optical Materials Market is expected to reach US$ 16.14 Bn by 2032 growing at a CAGR of 5.3%

According to Future Market Insights’ most recent market research, the global optical materials market is expected to be worth US$ 9,540.4 million in 2022 and US$ 16,142.5 million by 2032, growing at a CAGR of 5.3% between 2022 and 2032.

The optical materials means that material possess some optical property such as transmission, reflection, absorption, refraction, and scattering etc. These materials are classified on the basis of interaction with visible lights. Optical materials that are able to transmit lights with little absorption and reflection are called as transparent materials. The materials in which light transmitted diffusely are called as translucent materials. Moreover, the materials in which light does not transmitted called as opaque materials. These materials are used for wide applications in consumer products and high-tech industrial requirements.

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Global Optical Materials Market: Market Dynamics

Optical materials are widely used in lenses, windows, beam-splitters, prisms and medical applications among others. The growing construction industry and its advancement is expected to increase the demand for optical materials in windows over the forecast period. Furthermore, advancement in medical equipment is expected to increase the demand for optical materials to improve the performance of equipment used for diagnosis. Moreover, the increasing research in aerospace industry is expected to be one of the factor for the growth of the optical materials over the forecast period. Increasing consumption of semiconductor in consumer electronics is also expected to be one of the major reason for the growth of global optical materials market. Significant investment in research and new product development I expected over the forecast period. However, manufacturing cost of optical materials is possible challenge for the growth of global optical materials over the forecast period.

Global Optical Materials Market: Regional Analysis

The global optical materials is segmented into seven key regions such as Europe, North America, Latin America, Asia pacific, Japan and Middle East & Africa. North America is expected to account for largest market value share across the globe followed by Europe and Japan. Asia Pacific is anticipated to witness significant CAGR over the forecast period.

Global Optical Materials Market: Key Players

Some of the identified major players operating in the global optical materials market are as follows:

Schott AG
Inrad Optics
The Dow Chemical Company
Corning Incorporated

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 market segments such as geographies, and applications.

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Global Optical Materials Market: Segmentation

On the basis of product type, global optical materials market is segmented as below:

Glass
Quartz
Polymers
Metals
Others

On the basis of end-use industries, global optical materials is segmented as below:

Consumer Electronics
Medical
Astronomy
Nuclear
Automotive
Aerospace & Defense
Others

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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Distributed Control System Market Research Report by Type, by Production Technology, by Application, by Function – Global Forecast 2022 to 2032

Currently, usage of communication protocols and smart devices enables the prominence of distributed control systems (DCS) in complex industrial processes. Distributed control system is a customized system that consists of separate controllers dedicated to each machine or a particular group of machines. It is an automated system that controls different process elements, distributed over an industrial plant.

The local controllers in different sections of an industrial plant communicate with each other, and the overall system, via a high speed network. These local controllers are micro processing units that acquire data and carry out the control functions in a distributed control system. Different communication protocols, such as Modbus, Arc Net, HART and Profibus, are used for the purpose of communication establishment among these controllers.

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Distributed Control System Market: Drivers & Challenges

The reliability of a distributed control system generates significant demand in large industries. Also, the rising requirement of personnel and process safety results in increasing integration of distributed control systems. Innovations, such as installation of local temperature monitors and controllers for early detection of internal issues, makes the distributed control system safer and increases its demand.

These are some factors driving the global market for distributed control system. Also, company development and increase in revenue generation is estimated to enable growth in the global distributed control system market. Qualities, such as automation of manufacturing processes and distribution of control functions drive the growth of the distributed control system market. Moreover, in case any part of the distributed control system fails, the industrial plant can continue to operate, as the control tasks are distributed among various local process controllers. Such factors are expected to propel the global distributed system market to greater heights.

However, high power consumption and expensive installation, maintenance and operational services are expected to challenge the growth of the global distributed control system market. Distributed control systems are designed on the basis of their industrial applications. This customization requires a lot of planning and it is time consuming and hence, challenges the growth of the global distributed control system market.

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Distributed Control System Market: Regional Outlook

Governments and industrialists in North America are making huge investments to procure efficient distributed control systems. Moreover, the industry personnel safety standards set by the government, compels industries to integrate distributed control systems. These factors have enabled North America to register the highest market share.

However, with increasing number of industries in Asia Pacific economies, such as India and China, together with safety standards established by the governments, the region is expected to register the highest growth in the distributed control system market, by the end of the forecast period.

Distributed Control System Market: Key Players

Few of the major players operating in the Global Distributed control system market include, Honeywell International Inc.; ABB; Siemens AG; General Electric; Schneider Electric; Hitachi Ltd.; Yokogawa Electric Corporation; Emerson Electric; Rockwell Corporation; Toshiba; Azbil; and Metso, among others.

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Regional analysis for Distributed Control System Market includes development of these systems in the following regions

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Europe
- Western Europe
  - Germany
  - France
  - U.K.
  - Spain
  - Italy
  - Nordic
  - BENELUX
  - Rest of Western Europe
- Eastern Europe
  - Russia
  - Poland
  - Rest of Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

Distributed Control System Market: Segmentation

Distributed control systems find applications in the following industries:

By industry,

Chemical
Oil and gas
Food and beverage
Power
Automotive
Waste and water management
Others

On the basis of DCS architecture, the global distributed control system market can be segmented into the following,

Engineering workstation
Operating station
Process control unit
Smart devices
Communication system

On the basis of application, the global distributed control system market can be segmented as follows,

Batch oriented industrial processes
Continuous industrial processes

Continuous industrial processes are expected to generate the highest market value, during the forecast period. However, such applications of distributed control systems require expensive maintenance services.

On the basis of component, the global distributed control system market can be segmented into the following,

Solutions
DCS Software
DCS Hardware
Services
Installation services
Operational services
Maintenance services

https://gist.github.com/Pallavikhalane/eb8e8166ca8862f0d6a5a41aab484ba9

https://theamberpost.com/post/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

https://likefm.org/blog/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

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LTE Modem Market By System Type, By End User, By Region, Industry Analysis and Forecast, 2022 – 2032

An LTE (long-term evolution) modem is an electronic device meant for high-speed wireless communication, based on technologies such as GSM/EDGE and UMTS/HSPA. LTE modems simply connect routers, switches, connected devices including mobile phones, and personal computers to provide an instant 4G LTE or 3G fallback broadband connection. Advanced LTE modems offer a high peak data transfer rate more than 100 Mbps.

Over the years, the Internet has become a primary source of communication. The rise of the Internet has drastically changed the way corporate as well as individual communication is done. The demand for Internet access continues to grow at a drastic rate.

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While the primary mode of access has been the dial-up service, recent telecommunication innovations such as deployment of 4G LTE services with high speed broadband have allowed residential and commercial subscribers the option of obtaining affordable high-speed broadband access. Since the birth of the World Wide Web (WWE), the number of Internet users across the world has skyrocketed.

Digitization of business verticals, increasing use of social media, video streaming, and increasing growth of connected devices are the key growth factors behind the drastic growth of Internet users. Nowadays, Internet users are demanding high-speed wireless communication for mobile devices, data terminals, and for other applications. The demand for high-speed wireless communication is expected to positively impact the global LTE modem market.

LTE Modem Market: Drivers, Challenges, and Trends

Market Drivers

Major growth drivers of the LTE modem market include a rise in the growth of Internet users across the world, and the growing demand for high-speed connectivity in developing countries. In addition, the growing demand for high bitrate connectivity to support the consumption of multimedia data is creating potential growth opportunities for LTE modem vendors across the world.

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Market Challenges

In the present scenario, LTE modem vendors are facing challenges in terms of technological advancements due to fast changing telecom industry and high competition due to presence of unorganized players in the market. Furthermore, the growth of the smartphone market in recent years, along with the ease of connectivity with multiple electronic devices is hampering the growth of the global LTE modem market across the globe.

Market Trends

Increasing connected devices need constant Internet connectivity. In recent years, several developments have been made for constant Internet connectivity. For this, telecommunication service providers are focusing on carrier-grade Wi-Fi devices. Due to the feature of wireless connectivity over short distances, carrier-grade Wi-Fi devices are gaining traction in the market.

Due to increasing Internet users in developed and developing countries, the residential sub-segment is expected to grow at a high CAGR during the forecast period.

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LTE Modem Market: Competition Landscape

Key Contract

In January 2017, NETGEAR, a U.S.-based computer networking device and service provider, unveiled the world’s first GIGABIT 4G LTE device ‘NIGHTHAWK M1 MOBILE ROUTER’. The company developed a newly launched 4G LTE device in partnership with Telstra Corporation Ltd., which is an Australian telecommunication giant.

Key Players

Some of the major players in the global LTE modem market are ZTE Corporation, Apple, Inc., AT&T, NETGEAR, CISCO, D-Link, Huawei Technologies Co., Ltd., Digi Telecommunications, Inseego, and TP-Link, Alcatel, among others.

Regional analysis for the LTE Modem market includes the development of these LTE modems in the following regions

North America LTE Modem Market
- U.S.
- Canada
Latin America LTE Modem Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe LTE Modem Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
Eastern Europe LTE Modem Market
- Poland
- Russia
SEA & Others of APAC LTE Modem Market
- Australia and New Zealand (A&NZ)
- India
- ASEAN
- Rest of SEA & Others of APAC
Japan LTE Modem Market
China LTE Modem Market
Middle East and Africa LTE Modem Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

LTE Modem Market: Segmentation

Segmentation of the LTE modem market on the basis of modem type:

DSL Modems
Cable Broadband Modems
Mobile Broadband Modems

The cable broadband sub-segment accounted for a major market share of the global LTE modem market in 2017. The growth of the cable broadband segment is attributed to the adoption of LTE modems in commercial applications.

Segmentation of the LTE modem market on the basis of end user:

Residential
Commercial

https://penzu.com/journals/27101637/83252935

https://pastelink.net/3kx3o0fd

https://www.spoke.com/topics/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032-638daff4f8b2e307f3002c1d

https://futuremarketblog.blogspot.com/2022/12/north-america-and-europe-retail.html

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Audio power amplifier Market : Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2022 – 2032

The global audio power amplifiers IC market is anticipated to grow at a CAGR of 7% from 2022 to 2032, reaching an estimated value of US$ 2,703 Mn, up from US$ 1,374 Mn in 2022.

The development of cost-effective, energy-efficient, and small devices for residential and commercial use is credited with driving the growth of the audio power amplifier IC industry. However, technological flaws and problems with audio device integration, together with the demand for audio system on chip (SoC), are significant bottlenecks for the worldwide audio IC market.

Audio power amplifier IC is an electronics amplifier which is adopted by most of the enterprises. This amplifier ICs are used for strengthening low power signal such as inaudible electronics signal to a certain level which is required for driving loudspeaker.

Audio power amplifier IC has wide range of features to support various application and it also helps to improve system performance. The 8 pin DIP package of low voltage audio power amplifier is widely used for implementing electronics system. The audio power amplifier IC can be used in several applications such as home automation and consumer electronics products.

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Audio Power Amplifier IC Market: Drivers and Challenges

The major factor driving the demand of audio power amplifier IC is rise in demand of different types of IC packages such as dual-in-line package (DIP). Audio amplifier IC packages has several uses as per the requirement such as specific IC is chosen to improve overall efficiency of the system.

This audio amplifier ICs minimizes  the usage of heat sink as these ICs dissipates less amount of power because of this IC’s are adopted  widely by several organizations  Moreover, high efficiency and improved performance is also turning to be another factor which is responsible driving the growth of audio power amplifier IC market in positive manner.

The major challenges faced by the audio power amplifier IC market is owing to their distortion and cost as per the type of amplifier.

Audio Power Amplifier IC Market: Key Players

Some of the key players of audio power amplifier IC market are: Texas instruments, Future Electronics, EDGEFX.in kits and solutions, AspenCore Inc., Maxim Integrated, Jameco, STMicroelectronics, Analog Devices Inc., On Semiconductor Corp., and NXP semiconductors.

Audio Power Amplifier IC Market: Regional Overview

On the basis of geography, audio power amplifier IC market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa.

Among various regions, the audio power amplifier IC market in APAC is expected to dominate during the forecast period owing to adoption of audio power amplifier IC by several industries for implementing products of automobile and healthcare industry. Asia Pacific region is expected to be followed by North America and Western Europe.

In North America and Europe region, the market of audio power amplifier IC is significantly growing owing to the presence of small and large IC manufacturers present in this region.

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The report covers exhaustive analysis on

Audio Power Amplifier IC Market Segments
Audio Power Amplifier IC Market Dynamics
Historical Actual Market Size, 2012 – 2016
Audio Power Amplifier IC Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Audio Power Amplifier IC Market Current Trends/Issues/Challenges
Competition & Companies involved
Audio Power Amplifier IC Value Chain
Audio Power Amplifier IC Market Drivers and Restraints

Key Segments Profiled In The Audio Power Amplifier IC Market Survey

By Type:

Class A
Class B
Class C
Class AB
Class D

By Application:

Home Audio System
Public Address System
Portable Consumer Products

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

https://gist.github.com/Pallavikhalane/eb8e8166ca8862f0d6a5a41aab484ba9

https://theamberpost.com/post/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

https://likefm.org/blog/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032

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Scanning and Migration Software Market Research Report by Type, by Production Technology, by Application, by Function – Global Forecast 2022 to 2032

Every organization receives or generates documents and it becomes very difficult to manage all those documents or paper works. Moreover, these documents take up a lot of space filling up the cabinets and lot of money is spent on the paper.

So scanning these documents not only helps to recover space in the office but also makes it easy to find any particular document. However, accomplishing this task is not as easy as it sounds and it requires a document scanning and a knowledgeable person who understands all the technical elements to turn the process into a reality.

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Data migration is the process of transferring data among the computer systems, data formats or data storage systems. Usually, it is done programmatically to reduce the tedious job of human resources and to receive an automatic migration.

Data migration is required in an organization due to number of reasons such as new business process introduction, company mergers and acquisitions, operational needs and major upgrades of a database. The implementation of master data management may also require data migration. This process is also carried out due to reasons such as application migration, data center relocation, maintenance and upgrades and replacing server or storage equipment.

Global Scanning and Migration Software Market: Dynamics

Increasing data volumes can be attributed to the adoption of Internet of Things and this results in adoption of the scanning and migration software. Hence, it is the key factor driving the growth of the scanning and migration software market.

Further, the need to preserve the legacy data and evolving regulatory landscape are some more factors fueling the growth of the scanning and migration software market. Also there is a growth in inclination towards the growing need for disaster recovery for business continuity and cloud deployment, which are anticipated to create opportunities for the scanning and migration software market.

However, different factors such as address verification issues and data quality are responsible for hindering the growth of the scanning and migration software market. Moreover, challenges like risk of data loss and complexities related to network and platform are some more factors restraining the growth of the scanning and migration software market.

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Global Scanning and Migration Software Market: Competition Landscape

Key Developments

In May 2017, Talend Inc., a cloud and big data integration solutions provider partnered with Snowflake Computing Inc., developer of cloud based data warehousing software solutions to drive the cloud data migration. With the collaboration, these companies have announced the availability of a native high performance Snowflake connector for Talend integration platform, which will help the other companies to move its legacy on-premise data to a cloud data warehouse.

Key Vendors

The key vendors in scanning and migration software market are Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., Oracle Corporation, Talend SA, SAP SE, Informatica Corporation, SAS Institute, Attunity Ltd, Information Builders Inc., Scribe Software Corporation, and Syncsort Incorporated.

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Regional analysis for Global Scanning and Migration Software Market includes

North America Scanning and Migration Software Market
- U.S.
- Canada
Latin America Scanning and Migration Software Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe Scanning and Migration Software Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
Eastern Europe Scanning and Migration Software Market
- Poland
- Russia
Asia Pacific Scanning and Migration Software Market
- India
- ASEAN
- Australia and New Zealand
- Rest of SEA and Others of APAC
Japan Scanning and Migration Software Market
China Scanning and Migration Software Market
Middle East and Africa Scanning and Migration Software Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

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

Global Scanning and Migration Software Market: Segmentation

The global scanning and migration software market can be segmented on the basis of component, deployment, function, end-user and region.

Scanning and Migration Software Market, by Component

Software
Services
Managed services
Professional services

Scanning and Migration Software Market, by Deployment

Cloud
On-premise

Scanning and Migration Software Market, by Function

Finance
Marketing
Sales
Legal
Operations
Human resource

Scanning and Migration Software Market, by End-User

BFSI
Retail and consumer goods
Manufacturing
Government
Healthcare
Others

https://penzu.com/journals/27101637/83252935

https://pastelink.net/3kx3o0fd

https://www.spoke.com/topics/north-america-and-europe-retail-automation-market-key-players-applications-outlook-swot-analysis-and-forecasts-2022-2032-638daff4f8b2e307f3002c1d

https://futuremarketblog.blogspot.com/2022/12/north-america-and-europe-retail.html

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