Beta-glucan Market Share, Size, Trends, Industry Analysis Report, By Type (Mineral Oil and Synthetic); By Region Segment Forecast 2022-2032

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The global Beta Glucan market is expected to be valued at USD 1,200 million in the year 2021, growing to about USD 2,108.8 million by the year 2032, with a CAGR (compound annual growth rate) of 5.8% over the analysis period. Beta Glucan is predicted to grow rapidly due to a number of growth-promoting variables, including a shift in customer preferences favoring vegan diets or plant-based foods, an increase in public health consciousness, and the availability of healthier products that provide customers with improved nutrients.

As demand has switched from commercial food products to nutritious food, food supplements, and superfoods, customers have become more aware of health and engaged in preserving that through healthy lifestyles. Customers are increasingly aware of food products and read nutritional info and product ingredients more carefully. Increasing demand for healthy meals and supplements has resulted from this change in consumer behaviour, driving a slew of completely new, non-genetically engineered, and organically as well as naturally grown food products to hit the market. As individuals become increasingly concerned about safety, health, and fitness, the market for versatile beta-glucan is expected to increase in the coming years.

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Key takeaways:

  • Beta-glucan meals and supplementation are heart-healthy and can help with anything from memory development to preventing cancer. As per research, it has anticancer, antibacterial, anti-allergic, and immune-enhancing characteristics. It has the capability to reduce cardiovascular disease risk.
  • The market for Beta Glucan is expected to be valued at USD 29 Mn in the year 2021 and is estimated to have a robust growth registering a CAGR of 10.9 % and reaching a colossal market value of USD 132 Mn by the year 2027.
  • China is going to lead the Asian market as it enjoys a market share of 32% of the region with an approximated market value of USD 76.8Mn.
  • With the rising cases of cardiovascular diseases, obesity, and diabetes in the UK, the demand for beta Glucan has grown significantly. Currently, the UK holds a market share of 22% in the region with a market worth of USD 81.8Mn

“The Beta Glucan market has grown significantly due to the rising cases of cardiovascular diseases, increased cholesterol levels, obesity, and diabetes. Various promoting factors like increasing health awareness among consumers and demand for functional foods that could help them in achieving a healthy diet has led to the booming growth of beta Glucan Market,” says a lead analyst at Future Market Insights.

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Competitive landscape:

The Growth of Beta Glucan can be attributed to the vast range of applications from being a functional food to applications as a major component in the pharmaceutical industry and cosmetic market. The increasing reach in terms of wide application will boost the growth of this segment market in this decade.

Personal care and cosmetics firms use beta-glucan, which is generated from oats, in their products. Beta-glucan helps to repair complexion by exfoliating the layer of the skin and providing keratinocytes with protective effects. Evonik, for instance, has produced a natural biopolymer produced from beta-glucan that provides excellent skin protection. Tego Cosmo LSG is a beta Glucan that is found naturally, that has a number of applications in cosmetic industry products. It has minimal thickening characteristics and can be employed at a high dose in cosmetics compositions given the low molecular mass.

The mushroom’s anti-allergic, anti-tumor and anti-cholesterol properties make it an effective remedy for serious illnesses such as AIDS, cancer, and skin issues. Mushrooms are a strong choice for pharmaceutical and nutraceutical applications since their fiber content helps to avoid cardiac disease.

Market segmentation for Beta Glucan

By Source:

  • Yeast
  • Cereal
    • Barley
    • Oats
  • Others (mushrooms)

By functionality:

  • Insoluble beta-glucan
  • Soluble beta-glucan

By Application:

  • Bakery Products
  • Food & Beverages
  • Cosmetics & Personal Care
  • Dairy & Frozen Products
  • Health & Dietary Supplements
  • Others ( Animal Feed)

By Region:

  • Latin America
  • North America
  • Europe
  • The Asia Pacific
  • Africa
  • The Middle East

The report covers exhaustive analysis on:

    • How much is the Beta-Glucan consumer market currently worth?
    • At what CAGR is the market expected to grow?
    • What are the key trends boosting Beta-Glucan sales?
    • How are market players reacting to the new developments in the market?
    • How much share do the top 3 companies hold?
    • Which are the major countries driving demand for Beta-Glucan?
    • Who are the major players in the Beta-Glucan Consumer Market?
    • At what rate will the U.S. Beta-Glucan consumer market grow?
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Food Preservative Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2032

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Global food preservatives market is estimated to have a value of USD 2,600 Mn in the year 2021 and is expected to have a steep growth to reach USD 5,019.8 Mn with a CAGR (compounded annual growth rate) of 6.8%.

On the basis of application, the market has been categorized into bakery, beverages, dairy and milk products, meat and poultry and sea food, and others. The meat, poultry and sea food segment has dominated the food preservatives market over the years, since these food products are an integral part of human food habits. Manufacturers use food preservatives in these products to: extend shelf life, meet the continuous demand and increase production of processed food. The meat, poultry and sea food segment is expected to dominate the food preservatives market in the coming years, though the market is expected to fall from share of 27.9% in 2013 to 27.3% in 2020 in value terms. The food preservatives market used in other products, such as oil and fat, jams and syrup among others, is expected to expand at a CAGR of 4.1% in value terms from 2014 to 2020.

Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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This report covers drivers, restraints and opportunities that are driving each segment and respective sub-segments of the market, and offers analysis and insights about the potential of the food preservatives market in specific regions. By region, the global food preservatives market was dominated by North America, which held the largest value share of 36.5% of the food preservatives market in 2013, and the region is expected to maintain its dominance in the coming years as well. Currently, manufacturers use preservatives during food processing to prevent spoilage during transportation and to increase the shelf life of foods. The market is witnessing growth due to changing eating patterns and busy lifestyles. Asia Pacific is currently the second largest market for food preservatives after North America. Food preservatives are used for various purposes, including chelating agents and anti-spoilage. In addition, food preservatives are also used as shelf life enhancers, antioxidants and antimicrobials, and enzyme attackers. Increasing demand and trade of food products worldwide is fuelling the Asia Pacific food preservatives market currently. Increasing demand for bakery products, beverages, meat and dairy products is creating a positive impact on the food preservatives market. Changing lifestyles and food patterns are also driving the Asian food preservatives market currently.

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Key competitors covered in the report are BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. These companies are focusing on developing new products and improving the quality of their existing products through research and development activities. The manufacturers are also focusing on geographical expansion in order to gain a competitive advantage.

Key Segments Covered

  • Food Preservatives Market
    • By Product Segment
      • Natural
      • Synthetic
    • By Function Segment
      • Antimicrobial
      • Antioxidants
      • Others
    • By Application
      • Dairy and milk products
      • Meat, poultry and sea food products
      • Bakery products
      • Beverages products
      • Others

 Key Regions/Countries Covered

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Scandinavia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

The report covers exhaustive analysis on:

  • How much is the food preservative market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Food Processing sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 5 companies hold?
  • Who are the major players in the food preservative Market?
  • At what rate will the U.S. food preservative market grow?
  • At what level does the report reflect pricing analysis?

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Frequently Asked Questions

  • How much is the food preservative market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Food Processing sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 5 companies hold?
  • Who are the major players in the food preservative Market?
  • At what rate will the U.S. food preservative market grow?
  • At what level does the report reflect pricing analysis?

Talk to Our Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-99

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.

Contact:

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Wearable Electronics Market is Expected to Reach US$ 199.5 Billion by 2032 | Report by FMI

The wearable electronics market is expected to generate $45.5 billion in revenue by the end of 2021. The wearable electronics industry is predicted to reach US$ 199.5 billion by 2032, with a CAGR of 14.5% from 2022 to 2032.

Wearable electronics are any electronic products that are intended to be worn on the user’s body or any part of the user’s body. This technology has a wide range of uses because it may be used for communication as well as displaying physical information such as heart rates or footsteps. Wearable devices can also function as computers, allowing the processing and computation of information particular to the device’s use.

Forecast for the Wearable Electronics Market in 2017-2021 vs 2022-2032

The wearable electronics industry is expected to develop at a 14.5% CAGR between 2022 and 2032. Wearable electronics is becoming more diverse, with numerous uses ranging from health and medical to communication and calling to music listening. As the variety and applications of wearable technology expand, so will the need for it.

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Developing technologies such as the Internet of Things can be integrated with wearable devices to broaden the breadth of tasks that can be completed, and numerous technologies integrating IoT with wearable devices are being developed as of 2022.

Wearable electronics boost efficiency and provide easier access to resources and information.

The most fundamental driver of wearable technologies is that they enable customers to carry out chores while receiving data and information that might help them make better decisions and carry out tasks that would otherwise require other devices or instruments.

Smart glasses designed for industrial use have the potential to improve employee and worker efficiency by presenting them with important work-related information. The same is true for healthcare-related wearable devices, which offer patients and healthcare providers with critical health information in a more user-friendly and rapid manner.

Country-specific insights

Because of strong market players and people with high disposable income, the United States has a high utilisation of wearable technologies.

The market in the United States will dominate in the coming years due to easy availability to high-speed internet, which may allow for the profitable usage of a variety of wearable gadgets. The presence of various businesses in this area will be critical to the market’s success. Google and Apple, for example, take a variety of efforts to improve the functionality of their equipment. The existence of significant stakeholders such as Apple, Inc. and Google LLC is the reason for the US market growth rate.

The utilisation of cutting-edge technology has boosted the demand for sophisticated, versatile machinery. The market in this sector is primarily driven by rising disposable income and a rapid adoption of cutting-edge wearable technologies.

Growth in the Purchasing Power of People in India, especially in the Urban Areas is Driving the Growth of Wearable Electronics

India is currently witnessing the entry of several international electronic vendors into its market and, along with it, domestic companies have begun dealing in wearable electronics as well. The driving factors in India can be attributed to the growing population in the country with increasing income, which increases the scope of the consumer electronics market. Considering that the average age in this country is quite young, it also creates an attraction towards wearable devices like smart watches and fitness bands.

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Competitive Landscape

Wearable technology is provided by several electronic companies, most of which develop consumer electronic devices. For most of these companies, wearable electronics is one of the products they offer, but there are certain companies that primarily run their businesses on their wearable technology offerings.

  • In September 2022, Apple launched a new Apple Watch with the watchOS 9 operating system. Users diagnosed with AFib can turn on the FDA-cleared Atrial Fibrillation History feature to access important information, including an estimate of how often the user’s heart rhythm is indicative of atrial fibrillation. The new launch provides a deeper insight into the user’s condition. Users can also receive weekly notifications, understand their frequency, and see a detailed history in the Health app. This includes lifestyle factors that may affect his AFib, such as alcohol consumption, exercise, and sleep.
  • In April 2022, Sony unveiled its first-ever portable AC unit, called the Leon Pocket, in July 2020. The company has now launched a successor to its own portable device, calling it the Reon Pocket 2. This is a portable air conditioner for Android and iOS. The device supports both cooling and heating and is intended to be worn around the neck. For this purpose, the company has designed an undershirt with a pocket behind the neck.

Wearable Electronics by Category

By Component:

  • Sensor
  • Power Supply Component
  • Positioning & Networking Component
  • Controller
  • Display
  • Memory
  • Others (Interface)

By Product:

  • Head Wear
  • Eye Wear
  • Neck Wear
  • Hand Wear
  • Leg Wear
  • Body Wear

By Technology:

  • Computing Technology
  • Display Technology

By Application:

  • Consumer Electronics
  • Healthcare & Medical Application
  • Automotive & Transportation Application
  • Military & Defense Application
  • Others

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About Us

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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Asia Pacific Switchgear Market Holds The Highest Revenue Potential, According To Future Market Insights, Inc

By 2032, the switchgear market size is expected to reach US$ 158.24 billion, growing at a 5.7% CAGR from an estimated US$ 90.9 billion in 2022. The switchgear market has slowly expanded over the past few years. As energy demand rises, switchgear market expansion is anticipated to continue.

The report offers an analysis of the growth trajectory exhibited by the market in 20+ high-growth countries. It offers detailed insights on into factors that will be driving growth over the coming decade.

The demand for switchgear was moderate in 2020 however with it had to experience a brief period of lacklustre growth on account of the unprecedented COVID-19 outbreak. Supply chain disruptions witnessed by end-use sectors such as T&D utilities, commercial, industrial and residential had restrained growth to an extent. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive.

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As T&D utility sector is estimated to witness a healthy growth rate in the forecast period. According to the report, T&D utilities are expected to account for nearly 46% of switchgear sold in 2021. Besides this, the demand is expected to surge in commercial, industrial, and residential sectors enabling growth in the market.

Key Takeaways

  • After a period of negative growth, the market will show impressive improvement, registering above 6% y-o-y growth in 2021
  • The U.S. is expected to account for over 60% of sales in North America
  • After a period of negative growth, the U.K. will exhibit above 6% y-o-y growth in 2021, emerging as a strong market for switchgears
  • Expansion of the energy and utilities sector will enable growth in Germany and France
  • Government initiatives are expected to support growth in Japan and South Korea

“Increase in demand for advancement in the switchgear and advent of smart grid are expected to give impetus to switchgears. The use of the voltage fluctuator is very common in the heavy as well commercial sectors. It is used in the transmission and distribution of energy to consumer and for running machineries. The need of the energy is increasing day by day, which has been aiding the overall expansion of the switchgear market.” says FMI analyst.

Switchgear market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate on research and development activities and capitalize on opportunities especially in the field of T&D Utilities. Their key focus will however remain meeting requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced switchgear are key strategies adopted by the market players.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These companies are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are ABB Ltd., Siemens AG, Schniender Electric, Havells India Pvt. Ltd., Hyundai Electric and Energy System, Fuji Electric, Powell Industries, etc.

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Switchgear Market By Category

By Component Type

  • Power Distributor Switch Breaker
  • Switch Disconnector
  • MCCB
  • HRC Fuse
  • Earth Switch
  • MCB

By Voltage Type

  • Low Voltage (less than 1kV)
  • Medium Voltage (1kV to 75kV)
  • High Voltage (75kV to 230kV)
  • Extra High Voltage (230kV to 500kV)
  • Ultra-High Voltage (above 500kV)

By Construction Type

  • Outdoor
  • Indoor
  • Others

By Insulation Type

  • Air Insulated Switchgear
  • Gas Insulated Switchgear
  • Oil Insulated Switchgear
  • Vacuum Insulated Switchgear

By End User

  • T&D Utilities
  • Commercial
  • Industrial
  • Residential

By Region

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

MEA Enterprise Software Market is Expected to Reach US$ 13,791.4 Million by 2032 | Report by FMI

In 2021, the MEA enterprise software market revenue will be $7,727.9 million USD. The MEA Enterprise Software Market is anticipated to reach US$ 13,791.4 Mn by 2032, expanding at a 5.5% CAGR from 2022 to 2032.

Enterprise software refers to a wide range of applications used by enterprises, universities, institutions, government agencies, and other organisations to carry out various business activities, simplify jobs, and increase overall corporate productivity.

The key driver for the business software market is the expansion in digitalization across numerous industries globally and in MEA, as well as the benefits such as dealing with enormous amounts of data, accuracy, speed, resourcefulness, and simplification that it delivers. In 2021, the MEA enterprise software market accounted for 3.1% of the worldwide enterprise software market.

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In comparison to the 2022-2032 forecast, the 2017-2021 MEA Enterprise Software Market Demand

The MEA enterprise software market is expected to develop at a 5.5% CAGR between 2022 and 2032, whereas the market grew at a 3.1% CAGR between 2017 and 2021.

The expansion of travel and tourism in this region is helpful in the expansion of enterprise software deployment in this region.

MEA has seen a surge in visitors, notably from neighbouring nations. Tourism could account for the Global Expo, which took place in Dubai, UAE between 2021 and 2022, and the Qatar FIFA World Cup, which is planned to commence on November 20th, 2022.

This raises the need for businesses to deploy online booking systems, project management platforms, and various online marketing solutions in order to improve business growth, complete massive tasks, and manage large projects.

Analysis by Country

For the year 2021, the GCC had the greatest market share of 43.4% in the MEA enterprise software industry, while Turkey is expected to be the fastest growing country in this area, with a CAGR of 6.9%.

Cloud technologies, big data analytics, business analytics, and AI, ML, and IoT are among the technologies being used and implemented by organisations in this region. Initiatives to establish smart cities in this region, such as Saudi Arabia’s Neom smart city, are underway.

In GCC countries, trade, transportation, travel, and tourism are important drivers of enterprise software growth.

Because of the oil riches in the Gulf region, the GCC countries were able to develop their early fortune. However, a substantial portion of their income is now earned by the trading and cargo services that they provide to a variety of other countries and businesses throughout the world, as well as travel and tourism and building.

For this reason, these industries require online payment systems, supply chain management software, booking software, and ERP software. The GCC countries are among the most developed in the region, with major IT and telecom companies operating in the region. As a result, the GCC countries had the biggest market share of 43.4% in 2021.

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Turkey’s high internet penetration is a major driver of the enterprise software market.

The use of the internet and social media is growing in Turkey. This is helping the retail, media, and entertainment industries to flourish in the United States. As a result of these factors, Turkey may see an increase in customer relationship management software and content management software.

Several software businesses in this region also provide ERP software solutions and are incorporating new technologies such as cloud and IOT to improve their ERP offerings. As a result of these factors, Turkey is expected to grow at a 6.9% annual rate.

The presence of multinational corporations in South Africa and numerous industries is a driving force for enterprise software.

As a result, this country has access to a wide range of business software. Companies with large market capitalizations in this country come from a variety of industries.

Manufacturing, mining, and energy and utilities are major industries in South Africa. This contributes to the growth of supply chain management software in South Africa, allowing the country to achieve a CAGR of 6.3%.

Competitive Landscape

MEA enterprise software market consists of various different types of software and solutions which assist businesses carry out their functions. For this reason, enterprise software is developed by software companies, but depending upon the company and industry, the software can be developed by the company independently as well.

  • In October 2021, DP World launched CARGOES logistics which allow instant online cargo booking, tracking of the cargo and selecting the mode of transport. For the first phase, the booking of cargo will be allowed from UAE to India and from India to several other destinations.
  • In January 2021, PCMS, an established retail company extended a partnership with Redpanda software by adding sales and implementation to the already existing partnership between the two companies. Redpanda has worked on the software development of their product in the past and can redefine it for new and existing clients.

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MEA Enterprise Software Market by Category

By Type:

  • Business Intelligence Software
  • Content Management Software
  • Customer Relationship Management Software
  • ERP Software
  • Supply Chain Management Software
  • Others

By Organization Size:

  • SMEs
  • Large Enterprises

By Industry:

  • BFSI
  • Retail
  • IT & Telecom
  • Healthcare
  • Media and Entertainment
  • Others

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About Us

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
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According To The Study, The U.S. Ultra Short Base Line Positioning System Market Is Estimated To Account For Over 60% Of The North America Market Through 2031.

High requirements from the offshore vessel positioning in oil and gas exploration, and cargo ships, will drive the ultra-short base line positioning system market to rise at 5.8% CAGR between 2021 and 2031. The U.S. is projected to continue as one of the most attractive markets during the forecast period according to Future Market Insights. According to the study, the U.S. is estimated to account for over 60% of the North America market through 2031.

The nation’s medium-sized and large companies produce Ultra Short Base Line Positioning Systems, which have a wide range of uses. Second, growth is fueled by sizable investments in offshore oil and gas exploration activities. Additionally, the abundance of water sports and leisure activities in the nation leads to high demand from the tourism and leisure industries.

Additionally, it is anticipated to grow quickly over the course of the forecast period. This is due to the prevalence of a significant tourist trade, as well as significant government and private investments in the development of water sports and recreational activities in the country.

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Ships and vessel owners will increasingly use ultra-short base line positioning systems to ensure the safety of their passengers as interest in water sports and leisure travel grows. This component is expected to foster growth and technological development in the ultra-short base.

“Increasing investments in maritime and marine science are paving way for product developments in the global ultra-short base line positioning system market. Besides this, introduction of sales through online channels by OEMs will further augment market growth,” says the FMI analyst.

FMI on the basis of in-depth regional analysis projects the U.S. to dominate the ultra-short base line positioning system market. The U.S. is forecast to account for 60% of sales in North America. Rapid expansion of various end-use industries such as oil & gas and tourism are anticipated to bode well for the market.

Key Takeaways:

  • In terms of nominal range, deep (upto 10,000 m) ultra-short base line positioning system will lead the segment, holding 57% of the total market share.
  • 200-degree antenna aperture will account for 45% of the total ultra-short base line positioning system market share.
  • ROV, AUV vessels positioning will dominate the end-user segment, accounting for 25% of the total market share.
  • Holding 60% of the North American ultra-short base line positioning system market, the U.S. will continue witnessing high growth through 2031.
  • Growing investments in machine science and expansions in the oil & gas industry in China will place it as a lucrative market, expanding at a 5.1% CAGR through 2031.
  • Sales outlook of ultra-short base line positioning systems in Italy is projected to be positive, holding 20% of the European market.

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Competitive Landscape

Key players operating in the ultra-short base line positioning system market are leveraging strategic collaborations, partnerships, and acquisitions to strengthen their position in the market. Product portfolio expansions and customized products to meet end-users demand will remain lucrative growth strategies during the assessment period. For instance:

  • In July 2021, Norwegian company Konsberg Maritime launched two new water jet control systems known as JCS Compact and JCS Extended. These new control systems use standard components for reducing costs and streamlining simple operations.
  • In September 2020, EdgeTech, a global leader in high-resolution sonar imaging systems and underwater technology, introduced a new sonar frequency combination suitable for shallow water unmanned surface vehicles (USV) and unmanned underwater vehicles (UUV). The new technology effectively connects small vehicles operating in shallow waters or close to the seafloor.

Ultra Short Base Line Positioning System Market by Category

By Operating Frequency Range:

  • 14-18 kHz
  • 20-30 kHz

By Nominal Range:

  • Shallow (upto 150 m)
  • Medium (upto 1,000 m)
  • Deep (upto 10,000 m)

By Antenna Aperture:

  • 70 Degree
  • 100 Degree
  • 200 Degree

By End User:

  • Offshore Equipment Positioning
  • ROV, AUV vessel positioning
  • Cartography
  • Diver Tracking
  • Naval SAR vessels
  • Underwater Photography/Cinematography
  • Tourism & Leisure
  • Marine Sciences

By Region:

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

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Mortiser Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

Mortiser or Morticer is a type of wood working machine specialized in drilling operations. Mortiser is used to cut rectangular or square shaped holes in a piece of timber that enables the wood worker to generate a mortise hole in a mortise and tenon joint. The machine generally operated with small footprints with the ability to handle large work pieces. Mortiser Market or mortising machine is considered to be among the top necessary wood working machines in the market. Growing residential as well as commercial construction across the globe is estimated to fuel the demand for wood working machinery and subsequently propel the demand for mortiser machines. This in turn is estimate to contribute to the growing market of mortiser across the globe during the forecast period. Get | Download Sample Copy with Graphs & List of Figures @

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Mortiser Market: Dynamics

The global construction industry is gradually regaining strength after having endured a prolonged period of sluggishness in the wake of global financial crisis. Real estate sector, which is expected to grow at a good pace annually, is expected to be the prime demand generator in wood working machine market in developed regions globally. Countries such as the United States, China and India are expected to create several opportunities over the forecast period. This in turn may positively impact the sales of mortiser and significantly contribute to the growth of global mortiser market.  The rising demand for wood products, especially plywood, as a building product to reduce the overall weight of the structure in turn will propel the overall demand for plywood in all application segments globally, which will further drive the growth of the mortiser market over the forecast period.

Rising prominence of plywood in the packaging industry owing to its several benefits such as light weight, significant mechanical strength, being reusable etc. to keep the plywood demand driven. This in turn is also considered to be the primary factor driving the growth of global mortiser market during the forecast period.

The ongoing trend gaining momentum in the mortiser market is the increasing use of online methods to market and sell products. . Among the various ways of selling or marketing a product, social media stands out as one of the trending media. Several social media platforms including Facebook, Twitter, LinkedIn and Google+, contain information (images, videos, links or written texts) about mortiser, its types and distinguishing factors, posted by manufacturers or distributors or even consumers.

Mortiser Market: Regional Outlook

According to the database from United Nation (UN), global woodworking machinery accounted for an export value of US$ 7.38 billion in the year 2015. Germany accounted for a dominant share of around one fourth of the total export market whereas China, Italy and Taiwan were the following countries. Large-scale investments have been observed in infrastructural development, especially in the U.A.E. and Japan. This in turn is anticipated to open the doors for the region specific market participants in the mortiser market. Africa is also estimated to be an opportunistic market for mortiser owing to the presence of large timberlands, low maintenance cost and establishment rates in the region. Owing to growing demand from crafts and furniture, countries including Vietnam, Canada, India and Thailand are also anticipated to create significant opportunities in the global mortiser market during the forecast period

Mortiser Market: Key Participants

Examples of some of the market participants identified across the value chain of the global mortiser market include:

  • Delta Power Equipment Corporation
  • Wadkin Woodworking Machines
  • GENERAL INTERNATIONAL MFG. Co. Ltd.
  • Beijing New Building Material (Group) Co., Ltd.
  • Felder Group
  • SCM Group
  • OAV Equipment and Tools, Inc.

The research report presents a comprehensive assessment of the Mortiser 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 Mortiser market segments such as geographies, valve type, and vehicle type.

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The report covers exhaustive analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Mortiser Market: Segments 

The global mortiser market has been segmented by product type, distribution channel and end use industry

By type of product, the global mortiser market is segmented into

  • Square Chisel or Hollow Chisel Mortiser
  • Horizontal Mortiser or Slot Mortiser
  • Chain Mortiser

By type of sales channel, the global mortiser market is segmented into

  • Online Sales Channel
  • Offline Sales Channel (Retails or Distributors)

By type of end use industry, the global mortiser market is segmented into

  • Construction Industry
  • Packaging Industry

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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

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Zeolite for Detergents Market Size To Reach USD 1,754.1 Million By 2022-2028 | Exclusive Report by FMI

Future Market Insights delivers key insights on the global zeolite for detergents market in its latest report titled ‘Zeolite for Detergents Market: Global Industry Analysis and Opportunity Assessment 2022 – 2028’. The long-term outlook of the global zeolite for detergents market remains positive with the market value expected to increase at a CAGR of 2.7% during the forecast period (2022 – 2028).

Among product type segments, the Zeolite A segment is expected to expand at a significant CAGR in terms of value and volume over the forecast period. The global sales of zeolite for detergents is estimated to be valued at US$ 1,494.9 Mn by the end of 2022.

North America is estimated to account for a value share of 24.7% in the global zeolite for detergents market by 2022 end and it is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on drivers and restraints likely to impact the market during this period.

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Zeolite for Detergents Market: Dynamics Influencing Revenue Growth

Increasing demand for powder and liquid detergents across the globe is the key driving factor for the growth of the zeolite for detergents market. Moreover, restrictions or limitations on the use of phosphate compounds in detergents across the globe result in an increase in the demand for zeolites as alternative materials.

Further, with growing economic prosperity, rising disposable income and increasing purchasing power, the demand for personal care and home care products is increased in developing countries. This increasing demand will in turn help drive raw material markets such as zeolite, surfactant, and additive, among other.

Further, increasing demand for and consumption of eco-friendly alternative products across the globe provide impetus for the growth of the zeolite for detergents market. Further, several zeolites manufacturers are focusing on providing customized product offerings in order to gain a competitive edge over other players.

Zeolite for Detergents Market: Segmentation Analysis

The zeolite for detergents market can be segmented on the basis of product type as Zeolite A, Zeolite P and Zeolite X & AX.

  • On the basis of product type, the zeolite A segment is estimated to dominate the market in terms of value over the forecast period
  • The Zeolite X and AX segment is estimated to grow with a significant CAGR as compared to other types over the forecast period. It is expected to represent a total incremental opportunity of US$ 52 Mn between 2022 and 2028

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Zeolite for Detergents Market: Regional Market Projections

North America is expected to dominate the market with a 24.7% market share in terms of revenue in the global zeolite for detergents market by the end of 2022. After North America, Western Europe is expected to account for a dominant revenue share in the global zeolite for detergents market through 2028.

The China market is projected to hold a significant market share in terms of value in the global zeolite for detergents market over the forecast period, exhibiting a CAGR of 3.0%.

Zeolite for Detergents Market: Vendor Insights

Some of the players reported in this study on the global zeolite for detergents market are PQ Group Holdings Inc., Chalco Shandong Advanced Material Co. Ltd, National Aluminium Company Limited, Anten Chemical Co. Ltd., Silkem d.o.o., IQE Group, Gujarat Credo Mineral Industries Ltd., Sachem Inc., Huiying Chemical Industry (Xiamen) Co. Ltd., Manek Group (Manek Mineral), Kunjan Silicate Pvt. Ltd., Fujian Risheng Chemical Co. Ltd., Guangzhou Hengbang Fine Chemical Co. Ltd., Huiying Chemical Industry (Quanzhou) Co. Ltd., and Luoyang Jianlong Chemical Industrial Co. Ltd., among others.

What was the Impact of COVID-19 Crisis on Zeolite for Detergent Business?

Covid-19 pandemic had put a dent on the chemical industry, which is expected to get the recovery in second half of 2021. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of zeolite for detergent.

However, the pandemic led to the products used in households soaring high. Zeolite for detergent was increasingly used in households in the pandemic as a replacement to phosphate type builders.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects for detergent zeolite. Increasing prospects of zeolite A for use in detergents as a detergent builder are also expected to boost demand for the zeolites in the forthcoming years.

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Frequently Asked Questions

  • What is the current market value of Zeolite for Detergent?
  • At what rate did the global market of Zeolite for Detergent grow between 2013 and 2021?
  • What are the key trends driving Zeolite for Detergent sales?
  • What will be the demand outlook for sales of Zeolite for Detergent in China?
  • What is the anticipated market share of US in the Global market of Zeolite for Detergent?

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Fiberglass Market to Receive Overwhelming Hike USD 13.1 Billion in Revenues by 2028, Says FMI Analyst

Future Market Insights newly published market report, “Fiberglass (Glass Fiber) Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028,” examines the Fiberglass (Glass Fiber) Market and offers crucial market insights for the next ten years.

According to the global fiberglass market report, the roving’s segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end. The fiberglass (glass fiber) market is expected to register a CAGR of 4.3 % during the forecast period (2022 – 2028). The global fiberglass (glass fiber) market is expected to expand at a CAGR of 4.3 %, accounting for US$ 13.1 Bn by the end of 2028.

Global Fiberglass (Glass Fiber) Market Dynamics  

With the growing need for developing walls, doors, windows, and roofs, demand for fiberglass is likely to remain high in the construction industry. Glass fiber is also used as a composite in the construction industry. Manufacturers are utilizing GFRC (glass fiber reinforced concrete), which contains hydrated cement, glass fibers and sand for diverse construction purposes.

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Incorporation of the fiberglass enables manufacturers to integrate robust features such as anti-corrosiveness, high compressive strength, tensile strength and lightweight. In addition, manufacturers prefer utilizing fiberglass pertaining to the low maintenance cost and erosion. On the account of these factors, growth of the global market is expected to remain positive over the coming years.

Further, growing number of construction projects in various developing countries such as India, Brazil, and China have led manufacturers to invest in fiberglass as an effective insulation component. As fiberglass continues to remain a cheaper alternative for insulation in the construction industry, the global fiberglass (glass fiber) market is likely to witness a significant growth during the forecast period

However, increasing instances of health hazards such as rashes on the skin, irritation in eyes and stomach and soreness in throat and lungs among workers and constructors due to fiberglass have posed challenges to the market growth. As the small glass fibers have the ability to reach the lower parts of internal organs such as stomach, lungs, and skin, risks related to adverse health effects continue to persist.

Due to the adverse health effects of fiberglass, manufacturers are looking out for cheaper and safe alternatives. Based on these factors, growth of the global fiberglass (glass fiber) market is likely to face headwinds during the forecast period

Major players identified in the fiberglass (glass fiber) market are focusing on increasing their production capacities and acquisition to enhance their operational efficiency, and product portfolio. Also, strategic collaboration and joint venture witnessed among leading market players are likely to improve sales and distribution network. Due to these factors, growth of the global market is expected to gain speedy momentum during the forecast period.

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Global Fiberglass (Glass Fiber) Market Competitive Landscape

Some of the players identified in the global fiberglass (glass fiber) market are Owens Corning, PFG Fiber Glass Corporation, CPIC Abahsain Fiberglass M.E., W.L.L., Chongqing Polycomp International Corp, and Jushi Group Co., Ltd. among others. Over the recent past, the industry players have focused on acquisitions and increasing their production capacities to meet the growing demand from various end-user industries.

Key Segments of Fiberglass Industry Survey

Fiberglass Market by Product Type:

  • Fiberglass Rovings
  • Fiberglass Mats
  • Fiberglass Strands
  • Fiberglass Fabrics

Fiberglass Market by Glass Type:

  • S-Glass
  • C-Glass
  • E-Glass
  • ECR-Glass
  • Others

Fiberglass Market by Application:

  • Automotive
  • Aerospace & Defense
  • Wind Energy
  • Construction
  • Marine
  • Sports & Leisure
  • Pipes & Tanks
  • Others

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  • At what CAGR is the fiberglass market expected to rise over the forecast period (2022-2028?
  • How much is the global fiberglass market worth as of now?
  • What will be the possible valuation of the fiberglass market by 2028?
  • What market statistics are mentioned for the period of 2013 to 2021?
  • What market share is held by North America?

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

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Engine Cylinder Liners Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2028

The global engine cylinder liners market review is estimated to observe growth in the rising demand for the product from various end users. A cylinder liner refers to a cylindrical part that is fitted to an engine block to set up a cylinder. It is considered as one of the most vital functional parts that constitute the interior of an engine. It is known as cylinder liner in some countries, such as Japan, while in some other countries it is known as cylinder sleeve. A cylinder liner creates a sliding surface for piston rings, retains the lubricant within, and serves as an inner wall for a cylinder. Cylinder liners most importantly serve as a sliding surface. Some of the benefits offered by cylinder liners are as follows

  • It causes less wear on the partner piston ring
  • Reduces wear on the cylinder liner itself
  • Less consumption of lubricant
  • High anti-galling characteristics

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Engine cylinder liners refer to cylinder shaped part that is affixed to an engine block in a bid to create a cylinder. These cylinder liners are regarded as a vital parts required in the formation of an engine’s interior. It assists the piston from causing wear to cylinder bore.

Engine cylinder liners find abundant use in the in an extensive range of construction equipment, heavy machines, and vehicles. Many of the leading manufacturers of engines are investing more on research and development to diminish the weight of a vehicle so as to make the vehicle fuel efficient, thanks to downsize of engines and strict emission norms. This factor has generated augmented demand for engine cylinder liners, which is estimated to fuel growth of the global engine cylinder liners market over the timeframe of analysis, from 2020 to 2030.

Type, material, application, engine, and region are the five important parameters based on which the global engine cylinder liners market has been classified.

Global Engine Cylinder Liners Market: Notable Developments

One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global engine cylinder liners market is mentioned as below:

In October 2018, US-based prominent supplier of replacement parts, Tenneco Inc. made an acquisition of American supplier, manufacturer, and developer of products for a wide range of industries, Federal-Mogul LLC. This acquisition is anticipated to expand the geographical reach of Tenneco Inc and diversify the product portfolio of the company.

Some of the prominent organizations in the global engine cylinder liners market comprise the below-mentioned:

  • Westwood Cylinder Liners Ltd.
  • Nippon Piston Rings Co. Ltd.
  • Melling Cylinder Sleeves
  • Federal Mogul LLC
  • Darton International Inc.
  • Kusalava International Ltd.

Global Engine Cylinder Liners Market: Key Trends

The global engine cylinder liners market is characterized by the presence of the following restraints, drivers, and opportunities.

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Increased Demand from Automation and Construction Industries to Bolster Growth

Growing automation in several countries in many countries, such as Germany, Indonesia, India, and China is likely to emerge as key growth factor for the global engine cylinder liners market over the assessment tenure. A rise in leisure and recreational activities together with the increasing preferences for various types gardening tools in the do it yourself (DIY) market is forecasted to be one of the major factors in fuelling growth of the global engine cylinder liners market over the forecast period. Several producers are making a shift toward the making of hybrid liners, thanks to their increased efficiency and better functionality. Furthermore, use of better alloys that provides high tensile strength in various automotive components is estimated to encourage development of the global engine cylinder liners market over the timeframe of analysis.

However, increased consumer traction toward electric traction is expected to hinder growth of the global engine cylinder liners market in the near future.

Global Engine Cylinder Liners Market: Geographical Analysis

Asia Pacific is expected to remain at the forefront of the growth of the global engine cylinder liners market. Driven by China, India, and ASEAN countries, Asia Pacific is estimated to exhibit considerable growth. Growth of the region is estimated to be driven by increasing demand for these liners from the automotive and construction industries.

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

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