Market Research Blog

The global natural Cinnamic Aldehyde market is estimated to be driven by way of growing call for from the hastily developing meals & beverages and fragrance industries. Additionally, progress relating boom in demand for meals additives among clients is anticipated to bring about demand upward push within the natural cinnamic aldehyde market. The estimated value of the global natural cinnamic aldehyde market in 2018 is expected to be US$ 927.6 Mn and the market is projected to reach US$ 1,327.4 Mn by the end of 2028.

Fundamental gamers concerned inside the natural cinnamic aldehyde marketplace are channelizing efforts to inculcate superior method trends and improve their manufacturing infrastructure to make the available products extra pure. This could inspire sales volume increase of natural Cinnamic Aldehyde throughout regions.

Moreover, emphasis on mergers and acquisitions within the fragrance and food & drinks industries is likewise predicted to gain momentum at some point of the forecast period, thereby similarly pushing sales growth of the global natural cinnamic aldehyde market.

Human beings internationally are getting greater heath conscious and selecting healthy diets to keep their wholesome way of life. Cinnamic aldehyde has effective medicinal houses — it has anti-inflammatory properties, it lowers the blood sugar levels and facilitates in treating neurodegenerative diseases. Various research publications and strategically backed advertisements via distinguished marketplace gamers and institutions have immensely stimulated humans to consist of cinnamic aldehyde in their diet.

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The global fragrances market turned into well worth US$ forty eight Bn in 2016. Many luxury brands have multiplied into fragrances as entry points for customers. Fragrances are regularly extra less costly than luxurious goods, which include bags or footwear, permitting those manufacturers to tap into center- and lower-earnings customer segments. Nearly, in all perfume manufacturing facilities, cinnamic aldehyde is utilised for its candy and herbal heady scent.

The global pharma grade sodium bicarbonate market was valued at US$ 216.1 Mn in 2022 and is expected to reach US$ 315.4 Mn by the end of 2028, expanding at a CAGR of 3.5% over the forecast period. Sodium based medicines are being increasingly consumed across the globe, elevating demand in the pharmaceutical sector. Factors such as product innovation vis-à-vis demographic changes and expansion of health government programmes have triggered the demand for pharma grade sodium bicarbonate.

Being a large volume commodity, utilisation of sodium bicarbonate in the pharmaceutical industry is relatively niche, wherein high purity product grade is utilised. However, when deciding whether or not to use a medicine, researchers in the pharmaceutical market weigh the risks and ramifications of new drug innovations and formulations. And the will to use this medicine by caregivers and patients is a subject of constant study. Studies have revealed that using sodium bicarbonate is not harmful for human health; in fact, using it as a drug can be helpful in the treatment and relief of some diseases.

Administering Sodium Bicarbonate to Pregnant Women Found Effective in Inducing Natural Childbirth

Researchers from the University of Liverpool and Karolinska Institute in Sweden have discovered that giving pharma grade sodium bicarbonate to women in labour would increase their chances of having a natural, vaginal delivery. A set of women were given pharma grade sodium bicarbonate along with oxytocin and another set was only given oxytocin – a drug that helps strengthen contractions. It was found that the intake of bicarbonate of soda increased the chances of a vaginal delivery by 17% as compared to only administering oxytocin that helped in labour contraction in very few cases, leaving emergency caesarean section as the only option for the other cases. According to researchers, this kind of therapeutic use of pharma grade sodium bicarbonate will decrease Amniotic Fluid Lactate (AFL) – high levels of which mostly lead to operative interventions.

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In another study, pharma grade sodium bicarbonate, when taken as a supplement by young swimmers, was found to increase their performance by regulating the blood buffering power. Also, when athletes took this compound in controlled measures, they displayed reduced signs of lactate concentration and digestive symptoms such as cramps and abdominal pain.

Developing Pharmaceutical Sector in Certain Countries Anticipated to Attract Huge Global Investments

Low cost treatments using pharma grade sodium bicarbonate have the potential to improve mortality rates in developing nations with a thriving pharmaceutical sector. This is projected to create traction in the global market for pharma grade sodium bicarbonate therapeutics. Additionally, favourable government policies including those pertaining to foreign direct investments, healthcare facilities and infrastructure development programmes such as cluster development in the pharmaceuticals sector are likely to trigger revenue growth of the global pharma grade sodium bicarbonate market.

The demand for pharmaceutical grade sodium bicarbonate is largely driven by increasing healthcare expenditure and rising demand for pharmaceutical products utilising sodium bicarbonate.

Competition Landscape

Key players operating in the global pharma grade sodium bicarbonate market are focusing on new product launches in the form of injections for the medical industry worldwide. They are also engaging in collaborations, mergers, acquisitions, and joint ventures to distribute their products in numerous healthcare institutions to cater to the high demand from consumers. Meanwhile, some of the other companies are aiming to conduct exhaustive research and development activities to introduce innovative sodium bicarbonate medications for various disorders.

Key Companies Profiled

Solvay SA, Tata Chemicals, Novacarb (Novacap Group), Dr. Paul Lohmann GmbH KG, GHCL Limited, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tronox Alkali Corporation

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Pharma Grade Sodium Bicarbonate Market by Category

By Application:
API
Excipients
Antacids
Haemodialysis
Tablet Coating
Toothpaste

By Grade:
Fine
Coarse

By Region:
North America
Latin America
Eastern Europe
Western Europe
SEA and Pacific
China
India
Japan
MEA

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Analyst Credentials

2.4. About FMI

3. Pharmaceutical Grade Sodium Bicarbonate Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.3.1. Global GDP by Region and Country, 2006–2021

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Trends

3.5. Value Chain Analysis

3.6. Forecast Factors – Relevance & Impact

4. Global Pharmaceutical Grade Sodium Bicarbonate Market Analysis 2013–2021 and Forecast 2022–2028

To be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

As predicted by Future Market Insights through a recently published research report, the global revenue of industrial pipe insulation material market is likely to reach a valuation of over US$ 1,800 Mn by the end of 2028. The market expansion over 2018-2028 has been estimated at a CAGR of 4.3%.

Growing focus on reduced energy conservation and greenhouse gas emission, coupled with multiple government initiatives promoting energy efficiency and sustainable development through advanced insulation technologies, is expected to favor the growth of global industrial pipe insulation material market. Use of recycled insulation materials is trending the market at present, owing to rising environmental concerns. A majority of manufacturers are focusing on using sustainable materials such as polyurethane foam and fiberglass.

With growing awareness about the advantages offered by mechanical insulation in recent years, resulting in increasing adoption by industries worldwide. Industrial pipe insulation constitutes a crucial part of the mechanical insulation industry, which is also witnessing steady growth since recent past.

Industrial Pipe Insulation Materials Market Size (2022E)	US$ 1,438.8 Mn
Projected Industrial Pipe Insulation Materials Sales (2028F)	US$ 1,835.2 Mn
Industrial Pipe Insulation Materials Market Growth Rate (2022-2028)	4.1%
Collective Share of Top 3 Countries in Terms of Value (2022E)	37.1%

According to research conducted by Future Market Insights on global sulfuric acid market, demand for sulfuric acid is set to grow at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Mn by the end of the forecast period (2032). The market has been significantly influenced by certain macro-economic and industrial factors including chemical industries development, rapid economic boom, expansion of manufacturing sector, and growth of agricultural industry.

Sulfuric acid, also known as oil of vitriol, is a strong mineral acid that finds application in diverse industries including metal extraction, agriculture, pharmaceuticals, and textiles.

It has become a key constituent utilized for the manufacturing of phosphate-based fertilizers. Thus, need for increasing the crop production all over the globe will indirectly push the demand for sulfuric acid during the forecast period.

Similarly, development in the chemical industry and growing demand for catalyst in the processing industries are also expected to boost the growth of sulfuric acid market.

Moreover, growing demand for metals ignited by increasing infrastructural activities across emerging regions of Latin America, South Asia Pacific and Africa is expected to support the growth of sulfuric acid market during the forthcoming years.

As sulfuric acid is being increasing used in metal production and processing, rising consumption of metals will eventually create prospects within the global sulfuric acid market.

Despite several positive growth prospects, the market is witnessing certain challenges which are expected to restraint the growth outlook. Certain growth hampering factors includes stringency in environment regulations, increase in raw material pricing and commodity chemical pricing, etc.

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“Consistently growing demand from end-use industries, particularly fertilizers, metal production and processing, and petroleum refining is driving the demand for sulfuric acid,” said an analyst at FMI.

Key Takeaways from Sulfuric Acid Market Study

• By purity type, standard sulfuric acid segment is estimated to create an incremental dollar opportunity of about US$ 6,701.7 Mn during the forecast period of 2022 and 2032.
• Based on application, the fertilizer segment is expected to account for about 3/5^th of the sulfuric acid consumption.
• North America and Europe are expected to collectively hold around 37% of the overall market share.
• The MEA sulfuric acid market is projected to grow at a relatively higher CAGR of 3.5% between 2022 and 2032.
• Demand for sulfuric acid to grow at a moderate CAGR of 2.3% in the U.S. market during the forecast period.

Competitive Landscape

The market of sulfuric acids is estimated to be a consolidated market, where leading players are expected to account for a key share of the market. Some of the top sulgfuric acid manufacturers includes BASF SE, Ineos Group Ltd, KANTO Corporation, Aurubis AG, Avantor Performance Materials, LLC, PVS Chemicals Inc., Seastar Chemicals, KMG Chemicals, Qingdao Hisea Chem Co. Ltd., Linde Group, Nouryon, Cornerstone Chemical Company, Ma’aden – Saudi Arabian Mining Company, Canada Colors and Chemicals Limited, Hubei Xingfa Chemicals Group Co., Ltd, Asia Union Electronic Chemical Corporation (AUECC), Tata Chemicals, Trident Group,   Boliden Group, UBE INDUSTRIES, LTD., Sumitomo Chemical Co., Ltd., Tayca Corporation.

These key players are focusing on increasing their production capacity to enhance their market footprint all over the globe and to gain traction in the market. Further certain key players are focusing on investing in ultra-pure sulfuric acid production owing to rising demand from electronic industry.

For instance, In July 2021, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd. and its fully-owned subsidiary Zhejiang Jiafu New Material Technology Co. Ltd. signed an agreement to further expand the production capacity of electronic-grade sulfuric acid in Jiaxing, China.

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Sulfuric Acid Market Segmentation

By Purity Type:

• Standard
• Ultra-Pure

By Raw Materials:

• Elemental Sulfur
• Base Metal Smelters
• Pyrite Ores
• Others

By Application:

• Fertilizers
• Petroleum Refining
• Metal Production & Processing
  • Steel Pickling
  • Copper Production
  • Metal Surface Cleaning
  • Others
• Wastewater Treatment
• Chemicals Production
• Textile Processing
• Pulp & Paper Production
• Semiconductor & Electronics
  • Battery Electrolyte
  • Integrated Circuit Components Fabrication
  • Photovoltaic Cells
• Pharmaceuticals
• Domestic Cleaning Products
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Application Mapping

2.4. Grade and Application Heat Mapping

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Sulfuric Acid Market Demand Analysis 2017–2021 and Forecast, 2022–2032

To be continued…!

Related Links:

https://www.xaphyr.com/blogs/180547/DiMethyl-Sulfoxide-DMSO-Market-by-Size-Share-Trends-by-2032

https://futurechemical.blogocial.com/DiMethyl-Sulfoxide-DMSO-Market-by-Size-Share-Trends-by-2032-49394191

https://issuu.com/francisgreene/docs/dimethyl_sulfoxide_dmso_market

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

As per the latest survey by FMI, the global structural adhesives market is estimated to top US$ 11.6 Bn in 2022. Increasing applications of structural adhesives in lamination, flooring, roofing, and coating across the construction sector are fueling the demand in the market.

Demand for fuel-efficient and electric vehicles is rapidly increasing across the world with increasing fuel costs. Hence, automotive manufacturers are emphasizing on using lightweight materials such as composites, plastic, and others to enhance the fuel efficiency of vehicles. As per FMI, the market is anticipated to reach US$ 16.1 Bn by 2028.

As structural adhesives play a crucial role in bonding substrate materials such as plastic and composites, increasing demand for lightweight materials within the automotive sector is projected to bolster the growth in the market. Driven by this, sales of structural adhesives are anticipated to rise at 5.6% CAGR between 2022 and 2028.

Further, growing usage of adhesives for structural bonding applications across the aerospace industry, owing to their outstanding performance qualities such as high heat resistance, impact-absorbing capacity, load-bearing capacity, and others is propelling the demand in the market.

This has assisted the market to account for around 18% of the total adhesives and sealants sales in 2021.

Based on product type, the epoxy-based structural adhesives segment is projected to account for a significant share in the market through 2028. High flexibility, resistance to water, oil, and chemicals, and inertness compared to others adhesives are primary factors driving the growth in the segment.

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“Increasing government emphasis for promoting the adoption of electric vehicles and increasing number of massive renewable energy generation projects across developing economies are expected to augment the growth in the market,” says a FMI analyst.

Key Takeaways from Structural Adhesives Market Study

• The U.S. is estimated to account for the largest share in North America market, owing to increasing adoption of structural adhesives across the construction sector.
• Europe is expected to hold nearly 26% of the overall sales through 2028, favored by surging demand for electric vehicles in Germany and the U.K.
• China is projected to emerge as the most attractive structural adhesives market in East Asia, accounting for around 27% of the total sales over the assessment period.
• India is forecast to register swift growth in South Asia market, on the back of growing customer inclination towards fuel-efficient vehicles in the country.
• On the basis of product type, polyurethane is anticipated to remain the most sought-after adhesive, accounting for nearly 55% overall share between 2022 and 2028.

Key Drivers

• Increasing use of structural adhesives for fabrication of automotive components such as doors, body panels, dashboard, and glass attachments are propelling the demand across the automotive industry.
• Growing number of infrastructure development activities such as airports, hotels, resorts, residential buildings, and others across India, China, and Brazil are favoring the growth across the construction sector.

Key Restraints

• Implementation of stringent regulation regarding the emission of volatile organic compounds (VOC) is restraining the growth in the market.
• Adverse effects associated with the structural adhesives such as shortness of breath, skin problems, fatigue, and dizziness are hindering the sales in the market.

Competitive Landscape

Key manufacturers in the global structural adhesives market are investing in research and development (R&D) activities for novel adhesives with better curing properties as per changing industry standards for diverse industry verticals.

For instance,

• In December 2021, Dymax, a leading curing and adhesives manufacturer, announced introducing a new adhesive specifically designed for electric vehicle battery assembly, 9501-F adhesive. The product has excellent bonding strength for fixing cylindrical battery cells to holders and plastic bases to create a complete battery pack structure.
• In June 2021, Solvay, an international chemical company, announced launching a new range of adhesives for applications across aerospace industry. The new adhesives – AeroPaste 1009, 1100, 1006, and BR 179 non-chromate primer – provide processing flexibility and increase part assembly efficiency.

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Some of the key players operating in the market profiled by FMI are:

• 3M Company
• Sika AG
• Henkel AG & Co. KGaA
• The Dow Chemical Company
• H.B.Fuller
• Scott Bader Co.
• Uniseal Inc.
• Huntsman Corporation
• Ashland Inc.
• Lord Corporation
• Illinois Tool Works Inc.
• Permabond LLC
• MAPEI
• Ardex

More Valuable Insights on Structural Adhesives Market

The latest report by FMI provides a detailed analysis of the global structural adhesives market, providing credible insights into key factor driving the market through 2022 and beyond. The study also disclosed growth projections on in structural adhesives market with detailed segmentation:

By Product Type:

• Epoxy-based Structural Adhesives
  • One Component
  • Two Component
• Acrylic-based Structural Adhesives
• Polyurethane-based Structural Adhesives
• Cyanoacrylates
• Others

By Application:

• Structural Adhesives for Transportation Sector
  • Structural Adhesives for Automotive Sector
  • Structural Adhesives for Aerospace Sector
  • Structural Adhesives for Marine Sector
• Structural Adhesives for Building & Construction Sector
• Structural Adhesives for Energy Sector
• Others

By Region:

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

Related Links:

https://club.vexanium.com/post/dimethyl-sulfoxide-dmso-market-by-size-share-trends-by-2032-the-global-dime–637fe756ef0d970de3c31252

https://adhipatialumni.com/blogs/60694/DiMethyl-Sulfoxide-DMSO-Market-by-Size-Share-Trends-by-2032

https://trackthattravel.com/travelblog/26603

https://justnock.com/read-blog/20161

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

The global magnesium chloride market is anticipated to expand at a steady 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing demand for deicing services is boosting demand for magnesium chloride. Owing to the increasing demand from deicing and chemicals & derivatives sector is expected to remarkably contribute towards the expansion of the magnesium chloride market.

Surging demand for magnesium chloride from the specific regions with extreme cold weather conditions is driving the market. Magnesium chloride is hygroscopic in nature and quickly absorbs the moisture from the environment which makes it suitable for the various industries such as construction, dust suppressants.

Growing construction and mining industry is expected to boost the demand for the magnesium chloride owing to its extensive usage to minimize the dust at industrial area.

Magnesium chloride is widely used across various industries for diverse applications, including deicing, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed & others. Magnesium chloride is widely used in the construction industry along with the pharmaceutical sector which is expected to boost the market in the forecast period.

According to the report, the global magnesium chloride market is expected to reach more than US$ 580.3 Mn by the end of 2031, at a compound annual growth rate of 4.3% during the assessment period.

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Geographically, the market is predicted to be dominated by East Asia, which is expected to continue in the future evaluation period. Backed by the aforementioned factors, the global magnesium chloride market is projected to top US$ 580.3Mn by 2031.

Key Takeaways:

• By grade, demand for industrial Magnesium Chloride is expected to surge at a 4.1 % CAGR over the forecast period.
• The food & pharmaceutical grade Magnesium Chloride segment is projected to hold approximately 27% of the total market share in 2021.
• Deicing segment of Magnesium Chloride market is anticipated to grow at 4.5 % CAGR through 2031.
• Magnesium Chloride Market in the U.S. is anticipated to reach US$ 105.8 Mn by year in 2031.
• China will emerge as an attractive Magnesium Chloride market, with sales growing at a 6.1 % CAGR in 2021.
• Liquid form of Magnesium Chloride is expected to account for over 26.9% of the East Asia Magnesium Chloride market share in 2021.
• Japan and South Korea will collectively account for 7% of the total Magnesium Chloride market share through 2021.

“Over the assessment period, sales of magnesium chlorides are expected to be driven by the growing application in deicing and chemicals industries. Besides this, the demand in the followed by construction and pharmaceuticals sectors also will create attractive sales prospects” says an FMI analyst.

Competitive Landscape

Key participants in the global magnesium chloride market elaborated in the report includes Israel Chemicals Ltd., K+S Aktiengesellschaft, Compass Minerals International, Inc., Shandong Haihua Group Co. Ltd., Huitai Investment Group Co., Ltd, Intrepid Potash, Inc., Tianjin Changlu Haijing Group Co., Ltd, DEUSA international GmbH, Nedmag B.V, Nikomag OJSC and others.

Leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels. For instance:

• K+S Aktiengesellschaft decided to provide heavy investment to a new salt brine field in the Netherlands. The new brine field is expected to be developed for directional drilling by 2019 and operational by 2021 end. It will further improve the company’s production capacity by 25% and bring the production level to 1.2 million tpa.

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More Insights into the Magnesium Chloride Market Report

In its latest report, FMI offers an unbiased analysis of the global Magnesium Chloride market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product form (liquid & solid), grade (industrial & pharmaceuticals), and applications (deicing agent, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed and others) across six regions (North America, Latin America, Europe, East Asia, South Asia Pacific and Middle East & Africa).

Magnesium Chloride Market by Category

By Product Form:

• Liquid
• Solid
  • Flakes
  • Prills/Pellets

By Grade:

• Industrial
• Food & Pharmaceuticals

By Application:

• Deicing Agent
• Dust Suppressants
• Chemicals & Derivatives
• Building Materials
• Pharmaceuticals
• Food & Feed
• Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

4.4. Supply Chain Management

to be continued…!

Related Links:

http://www.socialbookmarkssite.com/tag/dimethyl-sulfoxide-dmso-market/

https://futurechemical.bloguetechno.com/DiMethyl-Sulfoxide-DMSO-Market-by-Size-Share-Trends-by-2032-49799365

https://waoop.com/read-blog/33319

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

Purified terephthalic acid (PTA) is a crucial element in manufacturing man-made fibers. Around 70-80% of polyester products are made up of purified terephthalic acid. Purified terephthalic acid is a cost effective alternative to dimethyl terephthalate (DMT), PTA has been a commonplace in the textile and packaging sectors.

Moreover, PTA is finding application in healthcare sector for treating peptic ulcer, reflux esophagitis and gastroesophageal reflux disease (GERD). The global purified terephthalic acid market is projected to grow at a healthy CAGR over the forecast period, 2020-2030. Market players are exploring growth potentials in marine, construction, and transport & wind energy industries.

Purified Terephthalic Acid (PTA) Market – Growth Trends

Growing textile industry and high adoption of polyester fibers owing to their compatibility with with other synthetic or natural fibers are driving the market for purified terephthalic acid. China is the largest textile exporter and is anticipated to grow rapidly over coming years; currently the country holds 38% share of the global textile industry. High utilization of polyester films in photographic films, data storage tapes and sheet material is anticipated to surge demand for PTA.

Gaping forward, purified terephthalic acid are widely used in manufacturing carbonated plastic bottles. According to the Guardian, about a million plastic bottles are produce in single minute, and this production is fixed to show double digit growth over next 20 years. Furthermore, technological advancements in production devices are providing a lucrative base to the market players.

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Purified Terephthalic Acid (PTA) Market – Growth Restraints

Fluctuating prices crude oil (paraxylene) are setting forth huge challenges for PTA market players. Alerted by rising ecological burden, governments across the globe are imposing bans on purified terephthalic acid which, in turn, is paving way for alternatives such as bio-based PET. Furthermore, PTA is poisonous in nature, causing slight eye and skin irritation upon contact.

Impact of COVID-19 on Purified Terephthalic Acid (PTA) Market

The global economy is witnessing deepest recession after WW2 due to COVID-19 pandemic, and its effect is apparent across the global purified terephthalic acid market as well. Due to halt in export and import from various countries, demand for textile has reduced, and manufacturers are forced to curtail production or shut down their production units.

According to just-style, about 80% of textile industries in Africa have faced downfall during the pandemic. Moreover, majority of market players are dependent on China for raw materials. As the country is facing the second wave of the pandemic, reinstating lockdowns in key manufacturing hubs are severely hampering the supply chain disruption of purified terephthalic acid market.

On the flip side, PTA is finding immense use in manufacturing of personal protective equipment (PPE) kit amid the pandemic. PPE kits have become a must for the frontline healthcare workers in order to protect them from the coronavirus while treating patients. As such, surging demand for PPE kits from various sectors is offering lucrative prospects for PTA manufacturers. With 3600 manufacturing units, about 2 lakhs personal protective equipment (PPE) kits are produced in India alone.

Purified Terephthalic Acid (PTA) Market Regional Analysis

Asia Pacific (APAC) continues to hold leading share in purified terephthalic acid market. China is the largest manufacturer and exporter of PTA in the world. Additionally, APAC is the largest textile consumer, especially polyester fabric and yarn. Growing at a CAGR of around 5%, the APAC textile is poised to register revenues worth US$ 520 by 2024.

Further, surging sales of apparels through online platforms is anticipated to provide remunerative opportunities for PTA manufacturers. Going forward, North America is also attracting significant stakeholders’ investments, given rising adoption of polyethylene terephthalate (PET) in bottling and packaging industries. Studies find that the PET bottle industry in the region is expected to exhibit stable growth in the coming years.

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Purified Terephthalic Acid (PTA) Market – Competitive Landscape

The global purified terephthalic acid market is highly fragmented, key manufacturers accounting for slight over a third of overall market revenue. Market leaders are focusing on collaboration and capacity expansion to maintain their competitiveness in the purified terephthalic acid market. For instance,

• BP has formed strategic collaboration with China Resources Chemical Innovative Materials holding Limited (CRC) to create and improve flexibility of its polyester value chain.
• Sinopec Yizheng Chemical Fibre Company has collaborated with SIBUR Holding to invest in Amur GCC for expansion of new and large-scale projects.

Purified Terephthalic Acid (PTA) Market – Segmentation

Purified terephthalic acid market is segmented on the basis of following,

By Application

• Polyester
• By Grade
• Fiber & Yarn Grade
• Polybutylene terephthalate (PET) Grade
• Film Grade
• Polybutylene Terephthalate (PBT)
• Plasticizers
• Others

By End User

• Textile
• PET Bottles
• Packaging

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

to be continued…!

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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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Photoresist chemicals are used in the fabrication of µm- and sub-µm structures, prominently in the micro-electronics industry. These are speciality chemical which changes its chemical structure when exposed to ultraviolet (UV) light, this unique property makes them ideal for photolithography and photoengraving processes which in turn are commonly used in semiconductor manufacturing industry.Henceforth, photoresist chemicals are considered as an essential component for making high-performance circuit boards and semiconductor chips. Various chemical are used for this purpose, to achieve the desired properties, such as, poly methyl methacrylate (PMMA), poly methyl glutarimide (PMGI), phenol formaldehyde resin (DNQ), SU-8 and OSTE polymers. Further, there are two basic classification of photoresists, positive and negative, both works on different principals, but cater to similar needs. However, with increasing smaller geometry designs in micro-electronics industry, positives are becoming more popular, as they offer process controllability.

With inevitable features offered by Photoresist chemicals and absence of any other feasible alternatives, market for photoresist chemical is ever growing

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Photoresist Chemicals Market: Drivers and Restraints

The global photoresist chemicals market is projected to grow at a moderate growth rate as the demand for micro-electronics continue to steadily grow, amid rising demand from electronic products in developing nations, and increasing penetrations of IoT across the globe. Furthermore, rising demand for dynamic display technology is expected to be another prominent factor fuelling growth in photoresists chemicals market. Excessive R&D in the photoresist chemicals and its end use industry, is expected to drive innovations, further shaping newer demand arenas, and fuelling more revenues in the global photoresist chemicals market.

Photoresist chemicals are prominently made from crude oil; thus rising prices of crude oil is expected to increase costs, this coupled with continued pricing pressure from end use industries, shall affect margins in the market. Furthermore rising environmental concerns regarding derogatory effects of these chemicals is also expected to affect the market in long term.

Photoresist Chemicals Market: Region Wise Outlook

The global photoresist chemicals market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ and Japan together leads the Global Photoresist Chemicals Market in terms of demand, followed by North America and Western Europe. Furthermore, owing to rapidly rising electronics industry in India and China, the APEJ region is anticipated to remain its dominance and grew steadily over the forecast period. Along with, rising economies of Latin America, demand for microelectronics is expected to significantly rise in the region, translating into rising demand for photoresist chemicals.

In terms of production, photoresist market has been a forte of Japan and Korea based companies, and with many new upcoming companies in the region, competition in the APEJ market is expected to further intensify.

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Photoresist Chemicals Market: Key Players

• The Dow Chemical Company
• Fujifilm Electronic Materials Co. Ltd
• Tokyo Ohka Kogyo Co. Ltd.
• E.I. DuPont de Nemours
• Mitsui Chemicals America Inc
• JSR Corporation
• LG Chem
• Shin-Etsu Chemical
• TOK America
• Honsou Chemical Industry

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 geography, technology and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest Of Latin America)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
• Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa, N. 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. 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.

Photoresist Chemicals Market: Segmentation

On the basis of Product Type,

• Positive
• Negative

On the basis of spectral line size,

• g-line
• i-line
• KrF
• ArF Immersion
• ArF Dry

On the basis of end use application,

• Microelectronics
• Sand carving
• Fabrication of printed circuit boards
• Others

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https://nethxt.mn.co/posts/29367209

https://gettr.com/post/p1zk7x5d0f0

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Future Market Insights gives key insights on the worldwide fluoropolymer films market in its modern-day report titled ‘Fluoropolymer films marketplace: worldwide enterprise analysis and possibility assessment, 2032.’ The long-term outlook on the worldwide fluoropolymer films marketplace is predicted to be powerful, with the marketplace price anticipated to increase at a CAGR of 6.4% at some point of the forecast duration (2022–2032). Industrial & equipment is predicted to stay the important thing end-use segment, accounting for over one-fourth of the complete proportion within the international market at some point of the forecast length.

International income of fluoropolymer films changed into pegged at US$ 1,398.0 Mn on the end of 2016 while APEJ accounted for a fee percent of 30.1% within the worldwide fluoropolymer films marketplace on the end of the same three hundred and sixty five days. The APEJ market is expected to preserve its dominance at some point of the forecast duration. On this document, destiny market Insights throws mild on the drivers and restraints likely to effect the marketplace all through the forecast duration. The wonderful strategies of introduction in Europe in evaluation with the U.S. And other areas of the arena have an effect on the regionally differing call for for FEP in a first rate manner.

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The worldwide fluoropolymer films marketplace is notably advocated by way of way of the constructing and creation, business & device and electric & electronics sectors. Business & device is a large give up-use segment for fluoropolymer films, accounting for a large marketplace share in phrases of volume similarly to value. The utilization of fluoropolymer films in sun PV modules is predicted to facilitate the boom of the segment over the forecast length. Furthermore, increase within the electric & electronics enterprise is anticipated to steer the fluoropolymer films market surely, growing robust sales possibilities for fluoropolymer films in advanced further to developing global places. Establishing prolonged-term supply contracts with direct stop-clients can offer stability in addition to increase possibilities for producers in terms of income generation.

However, the global fluoropolymer films market is expected to face some challenges. High price and relatively more complex manufacturing process are some of the factors that may impact the growth of the fluoropolymer films market.

Fluoropolymer Films Market: Segmentation analysis

The fluoropolymer films market has been segmented on the basis of product type and end-use. On the basis of product type, the market can be segmented into PTFE, FEP, PFA, PVF, PVDF, ETFE and others. On the basis of end-use, the fluoropolymer films market has been segmented into automotive & aerospace, building & construction, electrical & electronics, industrial & equipment, packaging, and others.

• Among the end use segments, the industrial & equipment segment is anticipated to dominate the market in terms of value throughout the forecast period. The segment is expected to represent a total incremental opportunity of US$ 302.3 Mn between 2016 and 2026
• The electrical & electronics end use segment is anticipated to witness significant demand in terms of value over the forecast period. The segment is expected to represent a value of US$ 578.1 Mn by 2026 end

Fluoropolymer Films Market: Regional Market Projections

APEJ is pegged to be the leading market for fluoropolymer films and the region accounted for an estimated revenue share of 30.1% at the end of 2016. China is expected to hold a large revenue share in terms of value and volume in the Asia Pacific fluoropolymer films market through 2026, exhibiting a value CAGR of 6.8% between 2016 and 2026. North America is expected to remain a prominent market for fluoropolymer films, increasing at a value CAGR of 6.3% over the forecast period.

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Fluoropolymer Films Market: Competition Analysis

The report highlights some of the key companies operating in the global fluoropolymer films market, which include The Chemours Company, Arkema Group, Solvay sa., DAIKIN INDUSTRIES Ltd., Asahi Glass Co., Ltd., 3M Company, Saint Gobain S.A., Polyflon Technology Ltd., Dongyue Group Ltd, Honeywell International Inc. Key market players are focussing on developing novel products and production technologies and decreasing the overall processing cost.

Fluoropolymer Films Market: Segmentation

To understand and assess opportunities in the global fluoropolymer films market, we have divided the report into three sections:

By Product Type, Market is segmented as:

• Polytetrafluoroethylene (PTFE)
• Fluorinated Ethylene Propylene (FEP)
• Perfluoroalkoxy Alkane (PFA)
• Polyvinyl Fluoride (PVF)
• Polyvinylidene Fluoride (PVDF)
• Ethylene tetrafluoroethylene (ETFE)
• Others (ECTFE, PCTFE, etc.)

By End Use, Market is segmented as:

• Automotive and Aerospace
• Electrical and Electronics
• Industrial and Equipment
• Packaging
• Building and Construction
• Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

5. Global Fluoropolymer Films Market Demand Analysis 2017-2021 and Forecast, 2022-2032

to be continued…!

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https://theprose.com/post/543380/dimethyl-sulfoxide-dmso-market-by-size-share-trends-by-2032

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

The global mushroom materials market is projected to reach a value of US$ 8015.2 Mn by 2032, with sales growing at a moderate CAGR of 5.8% from 2022 to 2032. Predicted to reach an estimated US$ 4,5651 Mn in 2022, the target market will be propelled by several factors including its growing popularity in the furniture industry. Mushroom materials are increasingly common due to their lightweight, easy-to-use, and environmentally-friendly quality. This material is gaining momentum in the furniture industry and has exhibited the potential to yield substantial revenue during the forecast period.

Owing to the escalating demand for sustainability across diverse industries, the mushroom materials market will continue to register greater demand. These materials are swiftly replacing plastic packaging solutions as they are made from biodegradable components and lack any volatile organic compounds.  Because of their eco-friendly properties, mushroom materials are in high demand in the transportation industry- a prime contributor to greenhouse gas emissions- as these materials help the industry in reducing their carbon footprints.

Moreover, mushroom-based construction materials are also expected to contribute to the overall market growth. Construction materials made out of mushroom materials are more durable than concrete and are entirely biodegradable. Mycelium bricks are highly popular in the construction industry for the production of composite boards. These mycelium bricks are bulletproof and absorb carbon dioxide and are bulletproof. Hence, mycelium bricks are an environment-friendly building material, fit for future projects. All of these factors strive to push the mushroom materials market towards growth during the forecast period.

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“Extensive use in the furniture industry along with growing demand for sustainable materials will drive the global growth of the mushroom materials market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Rising environmental concerns and the eco-friendliness of mushroom materials will strengthen market prospects.
• High cost of mushroom packaging may stunt the market growth.
• In 2022, the mushroom materials market in North America will account for 29.6% of the market share.
• Asia Pacific’s mushroom material will hold 20% of the overall market share in 2022.
• Widespread awareness of mushroom material benefits will drive market growth in Europe, resulting in the acquisition of 23.5%of market share in 2022.
• By application, the building material segment will likely contribute the most.

Competitive Landscape 

Ecovative Design, MycoWorks, Bonduelle Group, Costa Group, CMP Mushroom, Drinkwater Mushrooms, Greenyard, Monaghan Group, Monterey Mushroom Inc., OKECHAMP S.A, Shanghai Fengke Biological Technology Co. Ltd., and others are some of the major players in the mushroom materials market profiled in the full version of the report.

Leading market players are keen on expanding the range of applications of the target product, product development, and launching new products to increase their consumer base. These organizations are adopting tactics like raising investment prospects, partnerships, and collaborations to strengthen their market position.

More Insights into Mushroom Materials Market Report

In its latest report, FMI offers an unbiased analysis of the global mushroom materials 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 application (mushroom materials for insulating panels, mushroom materials for building materials, mushroom materials for protective packaging, mushroom materials for other applications), feedstock (wood fiber-based mushroom materials, buckwheat-based mushroom materials, cotton seed-based mushroom materials), and region.

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According to the latest FMI reports, based on segmentation, the building material subsegment is set up to contribute the most within the application segment. This subsegment is predicted to grow at the fastest rate owing to its biodegradable and environment-friendly properties.

Based on region, the mushroom materials market in North America will exhibit impressive growth during 2022-2032. In 2022, the target market in this region will acquire the highest market share of 29.6% owing to targeted government activities on agricultural growth and innovation. The strong presence of key companies will further aid the mushroom materials market growth during the forecast period. The Asia Pacific and Europe are also expected to present notable growth during the forecast period.

Key Segments Covered in the Mushroom Materials Industry Analysis

Mushroom Materials Market by Application:

• Mushroom Materials for Insulating Panels
• Mushroom Materials for Building Materials
• Mushroom Materials for Protective Packaging
• Mushroom Materials for Other Applications

Mushroom Materials Market by Feedstock:

• Wood Fiber-based Mushroom Materials
• Buckwheat-based Mushroom Materials
• Cotton Seed-based Mushroom Materials

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https://www.atoallinks.com/2022/dimethyl-sulfoxide-dmso-market-by-size-share-trends-by-2032/

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs