Bonded Abrasives Market Size, Share & Growth Report for 2032

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

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

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

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

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Impact of COVID-19 on Bonded Abrasives Market

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

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

Important Questions Answered in the Bonded Abrasives Market Report

  1. How will the Bonded Abrasives market expand through 2032?
  2. Which region is the most lucrative in the Bonded Abrasives market?
  3. What are the recent technological developments in the Bonded Abrasives market?
  4. What are key challenges and competition threats faced by Bonded Abrasives market players?
  5. Who are prominent players leading the Bonded Abrasives market?

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Bonded Abrasives Market: Key Segmentation

By Type

  • Vitrified Bonds
  • Rubber Bonds
  • Resin Bonds
  • Others

By End User

  • Automotive
  • Marine
  • Aerospace
  • Construction
  • Metal Working
  • Others

By Application

  • Polishing
  • Grinding
  • Cutting
  • Others

Bonded Abrasives Market: Competitive Evaluation

The FMI’s Bonded Abrasives market report provides a comprehensive analysis on key players operating in the Bonded Abrasives market. Some of the key players are:

  • 3M
  • Marrose Abrasives
  • Saint-Gobain
  • SAK ABRASIVES LIMITED
  • Carborundum Universal Limited

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

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Why Buy FMI’s Report?

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

About Future Market Insights (FMI)

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

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Wood Charcoal Market worth US$ 25.32 Bn by 2030 at a CAGR of 2.3%

A recent report by Future Market Insights (FMI) states that global sales of wood charcoal market will value around US$ 20,536.1 Mn in 2021. Substantial demand will come from residential sector, especially in developing regions of Asia Pacific, Africa and South America wherein over 2 billion people rely on wood energy for cooking and heating purposes. The study further reveals that cooking and heating in private households make up for about a third of worldwide renewable energy consumption

While emergence of alternative energy sources is hampering market growth, demand from chemical industry for production of chemicals – carbon disulfide, sodium cyanide, and carbon tetrachloride – is reflecting remunerative opportunities.

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Key Highlights

  • Charcoal lumps continue to generate greater revenue through 2030
  • Fuel feedstock to remain primary application area of wood charcoal
  • Adoption of wood charcoal in residential sector to remain over decade ahead
  • Hardwood to account for leading revenue share, tentative to 80%
  • Markets in Latin America and South Asia to offer potential growth avenues

“Food prepared from barbeque charcoal (BBQ) grills offer various benefits such as less oil usage, nutritionally rich food, and low fat. As consumers are following stay-at-home orders, at-home consumption is surging and consumers are showing greater interest for indoor grilling. The trend is well-established in developed regions, in particular,” says analyst at FMI.

COVID-19 Impact on Wood Charcoal Market

While the global wood charcoal market has been facing significant brunt of the COVID-19 pandemic in Q1 and Q2 of 2020 due to trade restrictions, lockdowns, and travels bans, resulting in subsequent drop in demand from several end-use industries such as chemicals, metal and metallurgy, and water treatment plants.

That being said, gradual easing of pandemic-induced restrictions across continents are setting high hopes for wood charcoal manufacturers as these end-use industries are getting back on track.

While the global chemical production declined in every category through Q1 2020, production eventually showed positive signs during Q2 2020, despite negative growth in some categories.

Moving ahead, as the COVID-19 pandemic continues to rage across the globe, governments and organizations are laying greater emphasis on treating wastewater as essential public service to minimize potential impacts on health and surroundings. This, in turn, will further accent the need for wood charcoal wastewater treatment plants.

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Wood Charcoal Market – Competitive Intelligence

The global wood charcoal market is highly competitive, with presence of several players competing with each other to capture bigger revenue share. Majority of leading players are allocating huge investments in R&D to roll out innovative offerings that help step up production efficacy and thus improve their regional presence. Case in point,

  • Greencoal Namibia CC produces pure hardwood lump charcoal made from 100% natural Blackthorn wood. The charcoal offers enhanced lighting characteristics, reduced ash production, and amazing hardwood aroma.
  • Kingsford Products Company develops professional briquettes made with 100% natural ingredients and premium wood char to assure professional-quality results. These briquettes offer better burn and feature low ash formula.
  • Royal Oak Enterprises manufactures pure natural hardwood charcoal briquettes derived from wood, vegetable starch, and contain no additional substances.

Wood Charcoal Market – Key Segment

Wood Type

  • Softwood
  • Hardwood

Product Type

  • Charcoal Lump
  • Charcoal Briquettes
  • Charcoal Powder

Application

  • Fuel Feedstock
  • Reducing Agent
  • Filtration Agent & Gas Masking
  • Decolorizing Agent
  • Gas Masking
  • Sketches & Paints
  • Soil Conditioning
  • Gunpowder
  • Others

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To Know More About Wood Charcoal Market:

A new market research report published by Future Market Insights (FMI) on the global wood charcoal market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the wood charcoal market through five different segments – product type, wood type, end use, application and region. The wood charcoal market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of wood charcoal and product adoption across several end-use industries.

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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Air Purifier Market is Likely to Secure US$12.3 Billion in 2022 | FMI

The global air purifier market is expected to surpass a valuation of US$ 10 Bn in 2021. It is expected to grow at a CAGR of approximately 11.3% through 2031.

Over the past ten years, membrane technology has grown more and more common in air purifiers. To achieve effective air filtration, membrane filters are created by combining an electrospinning/netting method with a receptive substrate design. Air purifiers using ePTFE and UPE membranes have astonishing efficiency and pressure decrease.

As health awareness rises, people’s understanding of their fitness and health is growing. It is widely known that air pollution has a role in the development of respiratory diseases such acute respiratory infections and chronic obstructive pulmonary disease.

Because modern lifestyles, urbanisation, and industrialisation cannot be sacrificed, initiatives to lower emissions and improve air quality are becoming more popular. The most effective way to remedy poor air quality is air purifiers.

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The air purifier market has seen a lot of claims made by manufacturers in order to promote their brand and level up the competition. As a matter of fact, consumer purchase patterns are often influenced by company claims.

Producers and brand owners have focusing on improving efficiency and efficacy of their products to woo increasing number of consumers. LG, for example, stated that in 2020, it will produce a one-of-a-kind cover for the PuriCare Wearable Air Purifier that will use the company’s UVnano sterilisation technology to kill 99.99 percent of germs in under 30 minutes using UV-C LED rays.

Air Purifier Market Outlook Compared to Growth Registered in 2016-2020

The outbreak of the novel COVID-19 dampened sales prospects due to restrictions impos4ed on, which also caused disruptions in supply chains activities across various industries. Contrary to this, the unprecedented pandemic outbreak also made people more cautious about air they breathe.

The focus on disinfection and living in a hygienic environment was at its peak during COVID-19, which has helped the air purifier market to recuperate from the pandemic-induced restrictions.

In the coming years, the demand for air purifier will get stronger, especially as consumers exhibit higher willingness to maintain healthy indoor air quality. Driven by this, the global air purifier market will exhibit 11.3% CAGR between 2021 and 2031 in comparison to 8.5% CAGR exhibited in 2016-2020.

The demand for air purifier for home and offices is predicted to increase significantly over the forecast period. Increasing online penetration of leading air purifier manufacturers will also aid growth in the market.

High installation of air purifiers in schools, hospitals, and other institutions is likely to remain a chief growth driver. The demand from commercial sector will rise as well. More than 80% of the overall revenue from air purifiers is expected to come from the commercial sector. This is owing to manufacturers’ growing efforts to diversify their economies and develop innovative products.

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Key Takeaways from the Air Purifier Market Study

  • In terms of technology, HEPA filters account for a major share in the air purifier market. Demand in this category is expected to grow at a CAGR of 4.3% in 2020.
  • Leading companies in the air purifier market will cover nearly 42% of sales.
  • The U.S. will account for maximum demand in North America, sealing its dominance in the global market.
  • Demand in the U.K. will grow at an impressive pace, pushing overall growth in the Europe market.

“As competition continues soaring, market players are likely to focus on making air purifiers smarter. They are integration concepts of artificial intelligence to enable improve machine-human interaction,” says an FMI analyst.

Impact of COVID-19 on the Market

The current pandemic outbreak has created numerous challenges on the part of supply side and demand side. The temporary restrictions imposed by regional governments on the movement have impacted supply chains drastically. Besides this, the shift from discretionary spending to essential goods has further negatively impacted the market growth.

On the flip side, the change in consumer buying habits has encouraged a shift from store based retailing to online retailing, facilitating a wider market reach. This is expected to aid in the global market recovery.

Who is Winning?

Leading manufacturers of air purifier are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales growth of air purifier globally.

Major players present in the air purifier market are Koninklijke Philips N. V, LG Electronics Inc., Xiaomi Corporation, Afpro Filters B.V., Dyson Ltd., Godrej Appliances, Condair Group AG, Daikin Industries, Ltd., Honeywell International Inc., Whirlpool Corporation, Japan Air Filter Malaysia Sdn. Bhd., Hitachi Limited, Dyson Technology Ltd, and Panasonic Corporation among others.

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Global Air Purifier Market by Category

By Technology Type:

  • HEPA
  • Electrostatic Precipitator
  • Ion and Ozone Generators
  • Activated Carbon
  • Other Technologies

By Coverage Area:

  • Below 250 Sq. Ft.
  • 250-400 Sq. Ft.
  • 401-700 Sq. Ft.
  • Above 700 Sq. Ft.

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

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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:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Foldable Phone Market Industry is Expected to Reach a Valuation of US$ 65 Billion by 2031

The foldable phone industry is expected to reach a valuation of US$ 65 billion by 2031, according to Future Industry Insights (FMI), with a CAGR of about 25.2 percent. The ever-increasing popularity of smartphones has boosted display technology innovation, with foldable displays being the most recent component to hit the market.

The foldable phone business is predicted to grow at a high rate because to rapid technology breakthroughs, improved design, enhanced functionality, and product improvements. This is predicted to assist the global foldable phone market in the coming years.

Increasing consumer awareness regarding the latest trends in smartphone technologies is fueling demand for innovative smartphones.  As a result, some well-known companies have been patenting their design architecture for soon-to-be-released folding phones. Apple Inc., for example, has patented its folding smartphone technology with a hinge heating technology to protect it from wear and tear over time.

Also, smartphone makers are experimenting with technologies and features in their foldable smartphones, which can be seen in Samsung Galaxy Fold and Motorola Razr, as these phones have a unique design but prefers front-to-front fold display technology.

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Furthermore, in April 2021, Oppo launched two new foldable phones in the market, both with an inward-folding design. Vivo is also expected to release a folding phone with an inwards folding design, while Xiaomi has already released the Mi MIX Fold.

Another trend that is propelling the foldable phone market is the implementation of work from-home culture. Rising viewership and increasing interest of individuals towards job opportunities that offer remote work has led increasing demand for reliable and efficient electronic products. This is anticipated to provide impetus to foldable phone sales in the forthcoming years.

Key Takeaways:

  • Based on display size, the under 6 Inches display segment is expected to hold a 44.6% of the total foldable phone market share in 2021.
  • Foldable phone with a 12 GB RAM are likely to dominate the market in 2021, accounting for over 46% of the total market share.
  • Under the storage segment, foldable phone with the storage space of 256 GB will hold more than half of the total foldable phone market share in 2021.
  • US$500-1,500 is projected to hold the leading share in the market in 2021, accounting for nearly half of sales.
  • Sales of foldable phones through online retail channels are projected to grow at a prolific 38.1% CAGR through 2031.
  • China will emerge as an attractive foldable phone market, accounting for over 40% of the market share in East Asia 2021.
  • The U.S. will dominate the North America foldable phone market with nearly 80% the market share over the forecast period.
  • India is projected to account for more than one-third of the South Asia foldable phone market share in 2021.

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Who is Winning?

Leading players in the foldable phone market are Samsung Group, Huawei Technologies Co., Ltd., Microsoft Corporation, Xiaomi Corporation, Royole Corporation, Motorola (Lenovo Limited), TCL Technology, LG Corporation, ZTE Corporation, Sony Group Corporation, AsusTek Computer Inc., Energizer among others.

Leading manufacturers of foldable phones are focusing on promotional strategies, advertisements, and new product launches to improve sales of foldable phones. Apart from this, mergers, acquisitions, and strategic collaborations will remain prominent growth strategies among key market players over the assessment period. For instance:

  • In 2021, Xiaomi launched their first foldable smartphone, Mi MIX FOLD, at the Spring 2021 New Product Launch. Equipped with a large 8.01” WQHD+ resolution flexible internal display and a 6.52” external display, this innovative new device touts the largest foldable display on any smartphone.

Market by Category

By Display Size:

  • Under 6 inches
  • 6-7 Inches
  • 7-8 Inches
  • 8 Inches & Above

By RAM Capacity:

  • 8 GB
  • 12 GB
  • 16 GB

By Storage:

  • 256 GB
  • 512 GB

By Price Range:

  • US$ 500- US$ 1,500
  • US$ 1,500- US$ 2,000
  • US$ 2,000 & Above

By Sales Channel:

  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Independent Small Stores
  • Online Retailers
  • Others

By Region:

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

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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:

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Plot No: JLT-PH2-X2A
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Transportation Composites Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

According to a new analysis by Future Market Insights, transportation composites’ fit with broader automotive industry aims, particularly sustainability and weight reduction, will encourage continuous use (FMI).

According to the study, continual innovation and research into technologies that assist fulfil mandated emission objectives is becoming the elixir for transportation composites makers. Furthermore, as customers become more environmentally conscious, reuse and recycling are gaining traction, which bodes well for transportation composite manufacturers.

As these trends that are driving the current surge continue, transportation composite manufacturers are focusing on unique capabilities and exploring opportunities to better serve customers and make material progress.

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Transportation Composites Market Size Study

  • Demand for lightweight components to drive market growth
  • Glass fiber transportation composites remain preferable owing to their superior properties such as high strength and durability
  • Thermosetting composites stay in-demand through 2030, given their umpteen strength that makes them ideal for high-temperature conditions
  • Market players continue to reap substantial gains from Asia Pacific (APAC) over the following decade

COVID-19 Impact on Transportation Composites Market

The transportation composites market is heavily dependent on the automotive production and sales across the world. Sudden shutdowns of manufacturing units in China and its ripple effect, resulting in large-scale havoc among global automotive manufacturers, have been felt subsequently in the US, Europe, South America, and India. Moreover, majority of prominent global automakers import 30-60% of their components from China such as sub-assemblies, and modules.

As several automotive OEMs and distributors have offshored their production activities to low-cost regions, they are currently scrambling to set up shorter or localized regional supply chains.

Moving ahead, nationwide lockdowns in worst-affected countries have impacted the transportation composites market at multiple fronts including, financially drained SMEs, disturbed supply chains, and dampened sales in Q1 of 2020. Moreover, the effects have spilled over into Q2, with incomplete order deliveries due to ongoing production downturns.

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Transportation Composites Market – Competitive Intelligence

The global transportation composites market is moderately fragmented, with presence of leading players exhibiting expertise in advanced manufacturing techniques. In a bid to sustain their revenue pool in the global marketplace over long run, market players are focusing on conspicuous investments in innovation and diversification.

  • Toray Industries develops carbon fiber transportation composites derived from polyacrylonitrile (PAN). These composites, in various forms, are used in automotive and several other use cases
  • Solvay S.A. produces an entire range of thermoplastic transportation composites – Evolite™ – for demanding applications. These products contain polyphthalamide (PPA) and polyphenylene sulfide (PPS)

Key Segment

Material Type

  • Glass Fiber
  • Natural Fiber
  • Carbon Fiber Composite
  • Aramid Fiber

Resin

  • Thermoset
  • Thermoplastic

Application

  • Interior
  • Exterior
  • Underbody
  • Chassis
  • Powertrain
  • Engine Components

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Want To Know More About Transportation Composites Market?

A new market research report published by Future Market Insights (FMI) on the global transportation composites market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the transportation composites market through five different segments – material type, resin, application, vehicle type, and region. The transportation composites market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of transportation composites and product adoption across several end-use industries.

About Future Market Insights (FMI)

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

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Reactive Diluents Market Size & Share | Industry Trends Analysis Report for 2030

Reactive diluents demand indicated lacklustre growth in 2020, but industry stakeholders are confident about a speedy recovery, according to Future Market Insights (FMI) in a recently published global research.

Reactive diluents are in high demand across a wide range of industries, including building and construction, automotive, and electronics. According to Future Market Insights (FMI), this is the primary driver of the reactive diluents market, which is predicted to increase at a positive rate between 2020 and 2030.

The use of reactive diluents improves the performance of various solutions by increasing their thermal stability, tensile strength, adhesion, and other physical properties. Demand for reactive diluents will continue to rise throughout the forecast period due to their high compatibility with water-based and solvent paints.

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A key point to consider here is that using reactive diluent can significantly reduce emission of volatile organic compounds (VOC). This has boosted its applications in line with technological advancements witnessed across diverse industries. Prospects for the market is expected to get more lucrative as industries adopt composites as a replacement for radical materials traditionally used in automotive and construction applications.

Construction activities are expected to soar higher in tandem with population growth witnessed around the world. This will in turn bolster growth prospects for the reactive diluents market. On the downside, the unprecedented COVID-19 outbreak might result in sluggish near-future opportunities for the market.

Nonetheless, backed by relevant research and development investment by chemical giants, the market could soon recover once the crisis passes. Despite this, the foray of competent alternatives could hamper growth prospects of the market. FMI in a recent study presents a holistic overview of the global reactive diluents market, covering various factors enabling growth and those restraining the market.

Some of the key factors highlighted in the report are:

  • East Asia and South Asia Pacific are expected to demonstrate lucrative growth opportunities for the market. Rising building and construction activities besides expansion of automotive and electronics industries will support growth in countries such as India, China, Japan, and South Korea
  • Some of the leading companies operating in the market are located across East Asia and South Asia Pacific, making the regions highly attractive markets for reactive diluents
  • Government support towards construction activities and infrastructural development will aid the overall market expansion. For instance, smart city projects undertaken by various governments will give a big push to the country’s construction sector, subsequently fuelling the demand for reactive diluents

“The rising demand for lightweight materials across industries is underpinning growth of the reactive diluents market. Using reactive diluents in paints and coatings make them corrosion resistant besides strengthening their mechanical resilience. Coupled with this, government rules of curbing VOC emissions will result in the spike in adoption of reactive diluents,” said a lead analyst at FMI.

Who is winning?

Reactive diluents market is a highly competitive one, exhibiting the presence of several companies. Market players are primarily focusing on the expansion of their global footprint and product portfolio to gain competitive advantage.

Future Market Insights profiles some of the leading players operating in the market. These include Huntsman Corporation, Hexion Inc., Aditya Birla Chemicals, Olin Corporation, Sachem, Inc., Arkema Group, ipox chemicals GmbH, Evonik Industries, Atul Ltd., and Adeka Corporation.

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Get Valuable Insights into Reactive Diluents Market

Future Market Insights executive level blueprint of the reactive diluents in its report. It offers refined forecasts pertaining to revenue growth witnessed across various segments. Trends impacting the market’s trajectory across these segments are also studied in detail for the period between 2020 and 2030.

The report studies the global reactive diluents market and segments it in terms of type aliphatic, aromatic, and cycloaliphatic. On the basis of function it bifurcates the market into mono functional and multi-functional. Based on end use the market can be categorized into paints & coatings, adhesives & sealants, composites, flooring, and others (comprising tooling, casting, and encapsulation). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and Africa

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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Bromine Market Size & Share | Global Industry Report for 2031

According to Future Market Insights’ most recent analysis, the global bromine market is expected to be worth US$ 2.4 billion in 2021. Bromine and its derivatives are in high demand in the United States due to its huge share of oil and drilling uses.

In the United States, where drilling and exploration for oil is increasing, there is a high demand for bromine derivatives and Clear Brine Fluids (CBFs).

Despite the ongoing pandemic, players in the bromine market are making strategic purchases of bromine and its derivatives to protect their margins. Manufacturers are also attempting to secure long-term strategic alliances with their customers and partners in order to offtake production and keep plants operational in the interim.

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Key Takeaways of Bromine Market

  • Flame retardants account for the largest share in the bromine market. Despite stringent regulations banning brominated flame retardants, this segment will showcase strong growth through 2031
  • Asia Pacific was the largest regional market for Bromine in 2019. Within this region China accounted for 13% bromine production
  • With high uptake of bromine as a flame retardant in electronics manufacturers are re-shoring to regions within Asia Pacific on back of cost-effective raw materials and cheap labor
  • High recyclability of hydrogen bromide along with virgin bromine brines is upping the overall production of bromine globally

COVID-19 to Compound Challenges of Refiners

Bromine and in particular, the chemicals industry, will feel the impact of COVID-19 in the near term. The bromine market like other major chemical sectors will continue to face supply chain disruptions owing to outbreaks in various regions.

Regions such as Asia Pacific, North America and Europe which have till now remained key producers of bromine may feel the adversarial effects of the pandemic and prevailing uncertainty in capital markets.

Slackening growth in consumer goods, automotive and the construction sector is also impacting the demand for brominated flame retardants in these end-use industries. Refineries producing bromine are facing significant challenges with facility shutdowns.

Bromine Market – Competitive Intelligence

The market structure for bromine is highly consolidated with leading stakeholders’ producers accounting for three-fourth of the supply. With technological advancements in bromine and its derivatives as well as collaborative ventures between major players, the market is witnessing high growth in pharmaceuticals, construction, electronics and oil & gas.

  • Israel Chemicals Ltd, headquartered at Tel Aviv, is one of the leading players in the market manufacturing elemental bromine. With an estimated capacity of 280,000 MT of bromine per year, the company serves diverse sectors such as construction, pharma, energy and automotive. To reduce its overall operating cost the company looks at establishing new pumping stations in locations around the Dead Sea to maintain bromine production. The company also collaborated with Albermarle Corporation to develop a new generation of polymeric flame retardants with reduced emissions
  • Lanxess AG, headquartered in Germany offers brominated flame retardants which are primarily being used in building insulation. The company recorded a strategic milestone with its acquisition of Chemtura, a US company which has made it one of the most important players in the additive market and has also given it a foothold in urethanes and organometallics divisions

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Want to Know More?

Future Market Insights has published a market research report on the bromine market that contains global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the bromine market through four different segments- product type, source, application, and region. The bromine market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

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Embedded Smart Cameras Market is projected to grow at a robust CAGR of 14.7%% between 2022 and 2032

The worldwide implanted shrewd cameras market is supposed to have arrived at a valuation of US$ 4,952.2 Million of every 2022. The extending specialized use and wide scopes of utilizations are projected to be the market’s essential development drivers. The general deals of Embedded Smart cameras items are projected to develop at a strong CAGR of 14.7%% somewhere in the range of 2022 and 2032, adding up to around US$ 19,560.52 Million toward the finish of 2032

Recent advancements in computing, communication, and sensor technology are propelling the developments of many new applications such as pervasive computing, sensor networks, and embedded systems. Embedded smart cameras is one such example of this innovation.

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These are the devices which are equipped with high-performance onboard computing and communication infrastructure, combining video sensing, processing, and communications in a single embedded device.

Embedded smart cameras provides access to large number of views through the cooperation among individual cameras and potentially support more complex and challenging applications than a single camera, such as smart rooms, surveillance, tracking, and motion analysis.

Embedded Smart Cameras Market: Market Overview

In recent years, video processing applications have witnessed an insatiable demand for real-time performance.

Smart cameras utilize very large-scale integration (VLSI) to offer such real-time analysis in a low-cost and low-power system with sufficient memory.

These camera systems process a wide range of algorithms to extract meaning from streaming video, moving well beyond pixel processing and compression.

Embedded smart cameras have a dedicated processor in each unit, making them suitable for applications where several cameras need to be operated independently and asynchronously, or in cases where a distributed vision is required.

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Embedded Smart Cameras Market: Market Dynamics

Major factors which are fuelling the demand for embedded smart cameras are – increasing demand for real-time performance in video processing applications, increase in deployment of video-based surveillance systems for public safety and transportation systems and development in robotics technology.

Additionally, the market has witnessed an increasing adoption of embedded smart cameras for applications such as barcode inspection, object recognition, process monitoring and quality control.

This growing preference of organizations towards embedded smart cameras is expected to further propel the market growth.

However, these embedded smart cameras have their limitations as by bundling all of the capabilities of a machine vision system into one camera system, the developer is limited in the choice of image sensor, camera speed, processing power and software capabilities offered by any particular vendor.

Embedded Smart Cameras Market: Competition Landscape

Major players active in the embedded smart cameras market are Banner Engineering Corp., Microscan Systems, Inc., Tattile s.r.l., Samsung, National Instruments, Toshiba Teli Corporation, Teledyne DALSA Inc. and Stemmer Imaging Ltd.

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Key Segments of Embedded Smart Cameras Industry Survey

Embedded Smart Cameras Market by Component:

  • Hardware
  • Software
  • Services

Embedded Smart Cameras Market by Application:

  • Human & Animal Detection
  • Surveillance
  • Facial Detection
  • Motion Analysis
  • Others

Embedded Smart Cameras Market by Region:

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

Related link :

https://penzu.com/journals/27101637/82487271

https://www.findit.com/xjuutjqdtnfkhsb/RightNow/crowdsourced-testing-market-key-players-applicationst/7a145806-10a5-4eca-84da-2a565d919904

https://www.promorapid.com/read-blog/288452

https://writer.zoho.in/writer/open/ylwdz02e645b983de42b4bdce0383a06eda40

https://www.spoke.com/topics/crowdsourced-testing-market-trends-2022-segmentation-outlook-industry-report-to-2032-636df4e1f8b2e307f3022b55

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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Demand Response Market is anticipated to reach a valuation of US$ 3,265.9 Mn by the year 2032

The demand response market is likely to be valued at US$ 1,792.1 Mn in 2022 and is anticipated to reach US$ 3,265.9 Mn by 2032. The market is estimated at a CAGR of 6.2% during the forecast period.

Demand response programs come into use for balancing demand and supply by some electric system operators and planners, which propel the demand response market growth. Moreover, the adoption of demand response programs helps in reducing the cost of electricity as well as includes customers’ involvement in demand response. The exclusive forecast study by Future Market Insights projects the future of this program by analyzing the global market for demand response.

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The demand response market share is anticipated to grow due to the development of smart grids together with the initiation of regulations concerning power demand management & emissions saving. Hence, demand response is an opportunity for end-user to reduce the electricity load to save the planet. Further, it is useful to induce low electricity with the high electricity rates in the market.

The market is derived by the number of consumers who need to lower the electricity cost to save retail electricity costs. On another side, the end users can reduce the cost of electricity – when the retail electricity price goes high, they can reduce the consumption of electricity. Similarly, when the retail electricity price goes lower, they can raise their consumption. This is likely to increase the demand response market during the forecast period.

Prominent Drivers Augment the Demand Response Market

The rising EV charging equipment on a large scale is increasing the adoption of demand response in recent years. At present, reducing the consumption of electricity directly propels the demand response market growth in the coming period. The solar and wind energies can flexible the electric grid and intermittent the electricity supply, which will rise the market growth in the coming period.

However, utility organizations are demanded to cut down the electricity cost to avoid huge bill payments. Therefore, various large industries are directly shifted to generators for emergency backup to relieve the stress of the grid. These factors are propelling the demand response market share during the forecast period.

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Constraint Factors that Falloff Demand Response Market Growth

Lack of technological advancement knowledge and price-based demand response is a huge problem faced by Small and Medium Enterprises that may hamper the demand response market growth. 

As well as being unable to connect with demand response technologies further hampering the market growth. Additionally, very few associations present to raise awareness about demand response is another restraint in the market growth.

Crucial Players in the Demand Response Market

The market is upsurging with the help of prominent players that are providing sufficient methods to rise the demand response market growth in recent years. These players are developing various products that satisfy customers’ desires. They are adopting several tactics and strategies such as mergers, partnerships and collaborations to acquire the lion’s share in the market.

Key Segments

By Types:

  • Service: Managed service
  • Maintenance service
  • Curtailment & consulting service
  • System integration service
  • Software: Mobile applications
  • Residential demand response management system
  • Commercial & industrial demand response management system
  • Hardware: Electric grid-interactive water heater
  • Smart meters
  • Thermostat

By Vertical:

  • Utility
  • Healthcare and Energy
  • (BFSI) Banking, Financial Service and Insurance
  • IT & Telecommunication
  • Transportation & Logistics
  • Media & Entertainment
  • Manufacturing
  • Retail
  • Public

By Region:

    • North America
    • Latin America
    • Asia Pacific
    • MEA
    • Europe

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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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Digital Tattoos Market is anticipated to be appraised at US$ 8,457.4 Mn by 2032

Due to the rising demand throughout the course of the forecast year, a CAGR of 8% is anticipated for the global market for digital tattoos. It is projected to increase in value from US$ 3,901.3 Mn in 2022 to US$ 8,457.4 Mn by 2032.

Global industry segment analysis, regional outlook, share, growth; digital tattoos market forecast 2016 to 2026 by future market insights. Digital tattoo is a speculative application of the flexible electronics.

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Flexible electronics is utilized in various areas of consumer electronics, allowing manufacturers of electronic devices to attain some amount of packaging flexibility for years. With the developments in materials science and circuit printing technologies, the circuit boards have become circuit films, some of which are sufficiently thin to be employed as temporary tattoo.

These digital tattoos are general circuits at a high level, but are realised with the utilization of wire structures that can deform, on very thin substrate, so that it can cling to human skin by the Van der Waals forces.

The digital tattoo concept is created by NewDealDesign – the same company that created the Fitbit activity tracker. The digital tattoo can be implanted or printed on the hand, enabling the wearer to exchange information with a mere contact like a handshake. The tattoo would utilize the electro-chemical energy of the body, staying permanently activated and allowing the user to activate technology by merely touching it. For instance, Doors can be unlocked just by touching and credit cards can be used by holding them.

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Digital Tattoos: Applications

The digital tattoos are expected to mark the next major step in transforming the wearable technology market.  Major application of digital tattoo is generating a response from a radio signal; for instance a RFID transmitter is used to store an exclusive digital code. This exclusive code is then used in cases such as unlocking smart phones and for authentication purposes during digital payments.

Further development in the flexible electronics, with increasing complexity, would expand the applications of the digital tattoos to the venue admission by identification of digital details, smart payments, and social media networking such as check-ins and acquiring contact information. In the near future, the skin printed sensors (successors of digital tattoos) will be utilized for medical purposes including monitoring the skin hydration, temperature, and any type of electric signals from muscles and brain activity.

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Digital Tattoos: Market Dynamics

In July 2014, Motorola Corporation launched the digital tattoo for identification of its Moto X handset.  The digital tattoo sticker unlocks the smartphone without the need of any passwords or patterns. Created to work solely with Motorola Corporation’s Moto X smartphone, the small circular tattoo utilized the near field communications technology (NFC) to interact with the mobile device. This technology behind the digital tattoo was originally developed by ATAP (Advanced Technology and Projects group) research and development team of Google Inc.

Several researchers are continuously engaged in the developments of digital tattoo technology so that they can measure electrical activity from the body more efficiently. This could allow healthcare experts to monitor and diagnose critical health conditions such as heart arrhythmia, heart activities of premature babies, sleep disorders and brain activities noninvasively. In addition, the digital tattoo would also assess physical movements, enabling it to distinguish between distinct social modes of interaction, expressed via hand.

Initially created digital tattoos were either stretchable but not flexible or flexible but not stretchable. With the advancements in flexible and stretchable electronics, the digital tattoo currently available in the market achieve mechanical properties of skin, and are capable of withstanding twists.

The market for digital tattoos is currently at the nascent stage and possess high potential to improvise the interaction between human and smart devices. Additionally, it has promising prospects for the patients in the healthcare industry at lower healthcare expenditures. However, digital tattoo technology is still very much in its early stages of development and commercial availability and is expected to bring technical anomalies acting as a challenge foe the growth of the market in the near future.

Digital Tattoos: Key Players

ajor players engaged in the development and marketing of digital tattoo technology are NewDealDesign, Motorola Corporation, Google Inc., and VivaLnk Inc. Presently, the companies are targeting only the smart phone authentication application of digital tattoos; however with the development of IoT platforms, these players aim to expand horizon of applications to other smart devices.

  • Technology
  • Value Chain
  • Global Digital Tattoos Market Drivers and Restraints

Regional analysis for Global Digital Tattoos Market includes

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

Key Segments Profiled in the Digital Tattoos Market Survey –

By Type:

  • Nano Tattoo
  • Graphene Tattoo
  • Living Tattoo

By Application:

  • Experiment & Research
  • Teaching
  • Commercial
  • Medical
  • Electronic

Related link :

https://penzu.com/journals/27101637/82487271

https://www.findit.com/xjuutjqdtnfkhsb/RightNow/crowdsourced-testing-market-key-players-applicationst/7a145806-10a5-4eca-84da-2a565d919904

https://www.promorapid.com/read-blog/288452

https://writer.zoho.in/writer/open/ylwdz02e645b983de42b4bdce0383a06eda40

https://www.spoke.com/topics/crowdsourced-testing-market-trends-2022-segmentation-outlook-industry-report-to-2032-636df4e1f8b2e307f3022b55

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,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
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Dubai,
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For Sales Enquiries: sales@futuremarketinsights.com
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