DC-DC Converter Market to be valued at US$ 22,569.1 Million from 2022 to 2032

Demand for DC-DC converters is projected to be worth US$ 10,334.6 million in 2022 and to increase at a CAGR of 8.1% to US$ 22,569.1 million from 2022 to 2032. A CAGR of 7.2% was recorded for the DC-DC converter market from 2016 to 2021.

Expanding number of DC powered decides is the key factor contributes the global DC-DC converter market. DC-DC Converter is a type of electronic circuit which converts digital current (DC) voltage level from a lower value to a higher value or vice versa based on the requirements.

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DC-DC power converter are used in vast variety of applications such as power supplies for power supplies for personal computers, office equipment, spacecraft power systems, laptop computers, personal computers, office equipment, spacecraft power systems, heavy trucks, buses, RV vehicles, ships, and  lighting systems and so on.

Generally there are two types of DC-DC converter – DC to DC converters with isolation and DC to DC converters without isolation. Some of the commonly used DC to DC converters with isolation includes cuk converter, fly back converter, forward converter, full bridge converter, half bridge converter and push-pull converter. Some of the commonly used DC to DC converters without isolation includes buck converter, boost converter, and buck-boost converter.

DC-DC Converter Market: Market Dynamics

DC-DC converters is the critical component of the power supply chain in data centres and telecommunication facilities, expanding information technology and telecommunication sector across regions globally is the prominent factor drives the growth of global DC-DC converter market.

Increasing number of vehicles, rising focus on battery powered special purpose vehicles and increasing investment on developing battery powered cars & bikes, accelerates the growth of global DC-DC converter market.

Expanding number of dc powered applications in manufacturing, healthcare, defence applications accelerates the growth of global DC-DC converter market. Also, increasing demand for DC-DC converters in space applications contributes the growth of global DC-DC converter market. Challenges related to reduce the power consumption during minimal load is identified as key technological challenges of the global DC-DC converter market.

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Market Competition

Some of the key participants present in the global DC-DC converter market include General Electric, Texas Instruments, Eaton, FDK Corporation, Cosel Co., Ltd., Ericsson, STMicroelectronics, TDK-Lambda Corporation, and Bel Fuse, Inc. Rectifier Technologies Pacific among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as General Electric, Texas Instruments, Eaton, FDK Corporation, Cosel Co., Ltd., Ericsson, STMicroelectronics account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific

  • In July 2022 – Power management company Eaton announced it has completed the acquisition of a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China.
  • In May 2021 – TDK Corporation announces the introduction of the high voltage output CHVM series of DC-DC converters. Capable of operating from a nominal 12V input, these non-isolated converters deliver output voltages ranging from 180V to 2,000V The CHVM has been designed for use in noise sensitive applications, including photomultiplier tubes, photodiodes, scanning electron microscopes, X-ray fluorescence spectrometers, mass spectrometers and ultrasonic probes.

Key Players

  • General Electric
  • Texas Instruments
  • Eaton
  • FDK Corporation
  • Cosel Ltd.
  • Ericsson
  • STMicroelectronics
  • TDK-Lambda Corporation
  • Bel Fuse, Inc.
  • Rectifier Technologies Pacific
  • ABB Ltd.
  • Delta Electronics Inc.
  • Infineon Technologies AG

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Key Segments Profiled in the DC-DC Converter Industry Survey

DC-DC Converter Market by product type:

  • Isolated
  • Non-isolated

DC-DC Converter Market by Number of Outputs:

  • Single Output
  • Multiple Output

DC-DC Converter Market by Application:

  • Telecommunication
  • Server and Data Storage
  • Medical & Healthcare
  • Consumer Electronics
  • Aerospace & Defence
  • Manufacturing
  • Others

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Wholesale Roaming Market is projected to register a CAGR of 4.1% during 2022 – 2032

The Wholesale Roaming Market revenues were estimated at US$ 39.4 Bn in 2021 and is anticipated to grow at a CAGR of 4% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 60.9 Bn. The market through data services is projected to witness a CAGR of 4.1% during the forecast period.

International roaming allows customers to use their mobile phones outside of their home country if their home router operator does not provide service. This is made possible by roaming agreements established between MNOs in the home and visiting countries.

The introduction and acceptance of 5G are expected to be the key growth engine in the coming decade. Furthermore, network operators are introducing unique roaming plans that offer their customers cost-effective options. These solutions are projected to benefit both service providers and subscribers.

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The growth of the data segment is anticipated to be maintained by the rising penetration of smartphones and OTT platform applications. OTT platforms provide entertainment possibilities at any time and in any location. People increasingly favor OTT platforms over movie halls due to their ease of availability, boosting overall demand for high-speed internet bandwidth even in rural regions.

Numerous network operators are charging very little or nothing at all for domestic roaming, demonstrating that international roaming will eventually become the key source of income that push the adoption of prepaid services.

During the projected period, the increasing acceptability of OTT platforms over traditional movie theatres, and the adoption of 5G is anticipated to be the key growth driver for the Wholesale Roaming industry in the coming years.” comments a Future Market Insights analyst.

 Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Wholesale Roaming Market are focused on R&D to produce innovative technological solutions.

  • In October 2020, Telefonica S.A. launched Telefonica Global Solutions, a new business entity. The new business unit intends to unify its roaming, wholesale, and global subscribers under a single brand, therefore enhancing the consumer experience.
  • In February 2020, T-Mobile, a major network services company in the United States, combined with Sprint Corporation, the network operator in the United States, to continue to innovate and extend its service in the 5G and mobile cellular sectors.

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Key Companies Covered

  • BICS
  • Cellusys
  • Comfone
  • iBasis
  • Mobileum
  • Orange Wholesale
  • Roamability
  • TOMIA
  • Syniverse
  • Tango Telecom
  • Telefonica International Wholesale Services
  • Transaction Network Services
  • Vodafone

Market Segments Covered in Wholesale Roaming Market Analysis

By Service:

  • Data
  • SMS
  • Voice

By Roaming type:

  • Pre-paid
  • Post-paid

By Region:

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

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Virtualization Security Market is expected to reach US$ 7.6 Bn by 2032

The Virtualization Security Market revenues were estimated at US$ 1.7 Bn in 2021 and is anticipated to grow at a CAGR of 14.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 7.6 Bn.

In competitive business environments, companies are attempting to alter their operations in order to realize their full digital capabilities. The migration of businesses to virtual infrastructure is one of the key factors driving the market growth. Virtualization seems to have a big influence on the Information Technology and networking areas in a short time, resulting in significant cost savings as well as investment returns in data centers.

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Security systems are becoming increasingly popular because to their ability to provide high-quality monitoring with little distortion. Security systems are becoming more popular since they allow for high-quality, distortion-free observation.

The growing emphasis of product producers on the use of new and sophisticated safety technologies, particularly in emerging economies, as well as rising instances of identity fraud and strengthening the IT industry in developing countries such as India and China, will exacerbate market development.

As businesses migrate to the virtual environment to upgrade their legacy infrastructures, they confront a slew of security and integration challenges that can impact system or server performance as well as expenses. When software applications are migrated to the incorrect virtual environment, it results in poorer software performance if the environment is under-equipped or increased corporate expenses if the environment is over-equipped.

Competitive Landscape

The leading players in the global Virtualization Security market include Oracle Corporation, Ericsson Networks, Dell Inc., Juniper Networks, Inc., Altor Networks, Red Hat, Inc., Symantec Corp., Trend Micro Inc., Fortinet Inc., Sophos Ltd, Hewlett-Packard, and Citrix Systems.

  • In February 2020, Sophos, a developer of next-generation cybersecurity solutions announced a new “Xstream” architecture for the Sophos XG Firewall that features high-performance TLS traffic decryption capabilities. Due to the efficiency and complexity considerations, security teams typically ignore a substantial security risk connected with encrypted network traffic.
  • In January 2021, Optum and Change Healthcare, a provider of healthcare technology, announced a partnership. Under this alliance, Change Healthcare would take part in Optum Insight’s data analytics and software services, technology-based services, medical research, and revenue cycle management services to bolster Optum’s Virtualization Security portfolio.

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Market Segments Covered in Virtualization Security Market Analysis

By Component:

  • Solutions
  • Services

By Deployment:

  • On-Premises
  • Cloud

By Organization Size:

  • SMEs
  • Large Enterprises

By End- Use:

  • Service Providers
  • Enterprises

By Region:

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

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Cetyl Trimethyl Ammonium Chloride Market Size & Share | Global Industry Report for 2032

The global cetyl trimethyl ammonium chloride market is expected to develop at a CAGR of about 4% to 5% between 2022 and 2032. Growing emphasis on research & development operations for generating multiple beneficial goods employing antiseptic chemicals such as cetyl trimethyl ammonium chloride is expected to aid global market expansion in the approaching years.

Cetyl trimethyl ammonium chloride is a colorless to yellowish liquid, which is having rubbing alcoholic odor. It is also commonly known as cetrimonium chloride. Cetyl trimethyl ammonium chloride is widely used as surfactant or as an antiseptic. Cetyl trimethyl ammonium chloride has a high demand from hair care products manufacturing including shampoos and conditioners. It is also sold in the powder form at a concentration up to the range of 50% by weight.Because of its good surface properties cetyl trimethyl ammonium chloride is favored in the industrial cleaning applications.

Cetyl trimethyl ammonium chloride also shows emulsification properties because of which it is also used in various products as an emulsifier. Cetyl trimethyl ammonium chloride is sold in wide range of concentrations by various manufacturers, which may change as per the customers demand. New developments in the field of laboratory chemicals also increasing the demand for cetyl trimethyl ammonium chloride, globally.

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Market Dynamics of Cetyl Trimethyl Ammonium Chloride MarketGrowing surfactants industry globally and increasing cetyl trimethyl ammonium chloride use as a surfactant

High growth has been observed in the surfactants market, due to various developments in the surface chemistry. Due to its physical and chemical properties which suits for its use in hair conditioners and other cosmetic ingredients, cetyl trimethyl ammonium chloride are being favored in these applications. Growing cosmetics industry globally is pushing the demand for cetyl trimethyl ammonium chloride from this industry globally. Global industrial development is also at a peak now a days. Increasing demand for industrial cleaning chemicals is also driving the market for cetyl trimethyl ammonium chloride.

Increasing regulations and rising compliances for chemical manufacturing is expected to be a challenging factor for cetyl trimethyl ammonium chloride market

Continuous impose of regulations by various environment protection organizations is expected to be the major challenge for the growth of     trimethyl ammonium chloride market. Also increasing standard in developed and developing countries for the manufacturing of hazardous chemicals is increasing maintenance cost along with the production cost. This will in turn expected to effect the potential growth of the cetyl trimethyl ammonium chloride market during the forecast period.

Cetyl trimethyl ammonium chloride market trends: New developments in the field of surfactants and emulsifiers are expected to create new opportunities for cetyl trimethyl ammonium chloride demand

Increasing investments in the research and development for developing various useful products using cetyl trimethyl ammonium chloride, is the major differentiated strategy followed by the market players. Exploring the new applications of cetyl trimethyl ammonium chloride through innovation and development is another major trend in the cetyl trimethyl ammonium chloride market. Supply contracts with the large customers for the long term supply of cetyl trimethyl ammonium chloride is also being adapted strategy for the growth in the cetyl trimethyl ammonium chloride market.

Cetyl Trimethyl Ammonium Chloride Market: Regional Outlook

Asia Pacific led the global cetyl trimethyl ammonium chloride market, due to increasing demand from growing cosmetics and personal care industry in the region. Moreover, increasing middle class population in the emerging economies in Asia Pacific are supporting the industry in the region. High GDP growth in the region is also bolstering the industrial production and packaging industry which is expected to push the industrial cleaning chemicals demand growth reflected into growth in demand for cetyl trimethyl ammonium chloride. Europe followed Asia Pacific in terms of demand for cetyl trimethyl ammonium chloride, however the stringent regulations in Europe is affecting the potential growth of the cetyl trimethyl ammonium chloride market in this region. North America followed Europe cetyl trimethyl ammonium chloride market, expecting the significant growth over the forecast period. Increasing prices of raw materials in North America is supporting the growth in the profits through low cost manufacturing of cetyl trimethyl ammonium chloride. This is pushing the cetyl trimethyl ammonium chloride business in North America driving the global demand for cetyl trimethyl ammonium chloride.

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Global Cetyl Trimethyl Ammonium Chloride Market Participants

Some of the market participants identified across the value chain of global Cetyl trimethyl ammonium chloride market are:

  • Clariant
  • As a Corporation
  • SRL
  • Parchem fine & specialty chemicals
  • Dishman Group
  • Hefei TNJ Chemical Industry Co.,Ltd
  • ZaozhuangKerui Chemicals Co.,Ltd.
  • Kohinoor Group of Industries
  • Stepan Company
  • Tatva Chintan Pharma Chem Pvt. Ltd.
  • ANJANEE CHEMICAL INDUSTRIES
  • Agri Jones
  • Kenoor Organics Pvt Ltd
  • SHIV SHAKTI GROUP

The global market 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 global market research report provides analysis and information according to market segments such as geographies, application and industry.

The Global Cetyl trimethyl ammonium chloride Market: Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

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Global Cetyl Trimethyl Ammonium Chloride Market Segmentation
On the basis of function, the global cetyl trimethyl ammonium chloride market can be segmented as:

  • Antiseptic
  • Surfactant
  • Emulsifier

On the basis of form, the global cetyl trimethyl ammonium chloride market can be segmented as:

  • Powder
  • Liquid

On the basis of applications, the global cetyl trimethyl ammonium chloride market can be segmented as:

  • Shampoo & Conditioners
  • Cleaning Chemicals
  • Textile Antistatic Agents and others

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Scouring Agent Market worth US$ 8.4 Billion by 2032 at a CAGR of 5.3%

The global scouring agent market is anticipated to be worth $4.7 billion in 2022 and $8.4 billion in 2032. It is expected to expand at an amazing CAGR of 5.3% between 2022 and 2032. The continued advancement in the field of material science, as well as the increased spending by various organizations on R&D operations, are expected to boost demand for scouring agents in the coming years.

Textile industry is growing at a significant rate all over the globe. Textile chemicals are important part of textile manufacturing. Various chemical agent are used in textile manufacturing and processing. Scouring agent are used in scouring process, which comes before dyeing and printing process, in the textile processing industry. Scouring agent can be of various kinds including sizing agent, stains agent, lubricating agent, alkali-resistant agent, mercerizing agent, penetrating agent and wax removing Agent. Selection of scouring agent is done by considering the type of fabrics, and other factors such as, stains in the fabrics, and the application of the fabric. Scouring agent are water soluble powders which are generally alkaline in nature.

Scouring agent are used for various purposes such as pH buffering, emulsification, dispersion, cleaning, penetration, and wetting. Sourcing agent can be different as the operating conditions changes. Effective and efficient scouring agent are being demanded by textile dyeing and printing industry, during the last decade. Innovations and development in the field of material science is pushing new product developments in the scouring agent market. This is expected to drive the demand for scouring Agent during the forecast period.

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Market Dynamics of Scouring Agent Market

Strong growth of textile industry, in emerging countries, is expected to drive the global scouring agent market

Emerging economies such as India and china are creating ample of opportunities for growth of textile industry. Increasing per capita income in these emerging economies along with rising population is creating high demand for textiles. Textile industry growth is reflecting in the demand for textile chemicals and scouring agent. Moreover, increasing focus on quality improvement from manufactures and textile processers is also bolstering the demand for scouring agent. Growing global population with increasing per capita spending is accelerating the demand for apparels as well as industrial textiles, which is expected to push the growth of scouring agent at a high growth rate, during the forecast period

Environmental regulations and waste disposal issues are posing various challenges for manufacturers

Scouring agent are the different types of chemicals used in the textile processing. After use, these chemicals are needed to be disposed safely in to the environment. Therefore, increasing rules and regulations on the waste disposal and chemicals used in the textile industry, can impact on the potential demand for the scouring agent from the textile industry. However, new developments in the scouring agent market are focusing on the manufacturing of ecofriendly and less harmful scouring agent, which is expected to support the growth of the market during the forecast period

Scouring Agent Market Trends: Innovation and new product developments

Manufacturers of scouring agent are adapting to the changing requirement of the textile industry. Developments in material science and increasing spending in the research and development is expected to push the innovation and new product development during the forecast period. Manufacturers are channelizing their efforts towards the development of sustainable practices as the environmental laws are getting stringent day by day.

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Scouring Agent Market: Regional Outlook

China and India are the leading textile exporting countries in the world. Increasing demand from developing and emerging textile markets is boosting the demand for scouring agent. Growing population and increasing demand for textiles all over the world is putting pressure on the manufacturers to meet the growing demand, which is pushing new developments in the scouring agent market. Asia Pacific led the scouring agent market, both in terms of consumption and value. Asia Pacific witnessed high growth in last few years. North America and Europe followed Asia Pacific in terms of volume and value share, however scouring agent market in Europe and North America is expected to grow at a slower growth compared to Asia pacific. Latin America also contributed a significant share in the global scouring agent market. Middle East and Africa is also creating lots of opportunities for scouring agent market players as the textile processing market is growing at a good growth rate in the region.

Global Scouring Agent Market Participants

Some of the market participants identified across the value chain of global scouring agent market are:

  • Huntsman Corporation
  • HT Fine Chemical Co., Ltd.
  • The Dow Chemical Company
  • Tata Chemicals
  • Fineotex Chemical Ltd.
  • DyStar Singapore Pte Ltd
  • Rung International
  • Archroma Limited
  • N. Chemical Industries
  • Evonik Industries AG
  • Organic Dyes and Pigments
  • Sarex
  • Indokemika Jayatama
  • Viswaat Chemicals Limited

The global market 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 global market research report provides analysis and information according to market segments such as geographies, application and industry.

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Global Scouring Agent Market Segmentation 

On the basis of type, the global scouring agent market can be segmented as:

  • Anionic
  • Cationic
  • Nonionic

On the basis of function, the global scouring agent market can be segmented as:

  • Sizing Agent
  • Stains Agent
  • Lubricating Agent
  • Alkali-resistant agent
  • Mercerizing Agent
  • Penetrating Agent
  • Wax Removing Agent

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Foundry Additives Market Size to be worth US$ 3 Billion by 2032

The global foundry additives market is estimated to exceed $2 billion by 2022. Overall sales of foundry additives are predicted to more than double, surpassing US$ 3 billion by the end of 2032.

According to the analysis, the foundry additives market is expected to develop at a CAGR of 4%-5% between 2022 and 2032. Rising demand for additives to reduce casting defects in the automotive, construction, railway, and other industries is driving growth.

A foundry is a factory that is engaged in the manufacturing of metal cast components for various industries such as automotive, steel, railway, construction, heavy machinery among others. Therefore, the growth and development of foundry industry is completely dependent on the demand for metal cast components from the various end use industries. Moreover, in order to cater the continuous escalating demand of growing populations across the globe, the future outlook of foundry industries is positive. Moreover, in order to get finished products with enhanced quality, some additives are added during the casting process and are known by foundry additives. Hence, with the increasing demand for finished and high quality products in the market, the demand for foundry additives is expected to increase over the forecast period.

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Global Foundry Additives Market: Dynamics

The foundry additives market is mainly driven by its own advantages offered to the manufacturers operating in the foundry industry. As with introduction of additives the casting defects gets eliminated or reduced. Hence, the overall casting quality get enhanced by the introduction of foundry additives. Additionally, the need for expensive specialty sands also gets eliminated and the overall cost efficiency of the plant get upgraded. Therefore, the foundry additives have become necessary elements of many foundry industries and its demand is projected to increase with the positive outlook of the end use industries. Furthermore, rising demand for metal products with the growing population across the globe is anticipated to force the manufacturers of various foundries expand their production in order to cater the increasing demand. Hence, the demand for foundry additives are also going to increase with healthy growth rate during the forecast period.

Global Foundry Additives Market: Regional Outlook

The global market of foundry additives is mainly dominated by Asia Pacific region. This can be attributed to the presence of most prominent foundries across the globe. China and India are the two major consumers of foundry additives in the region. As China is one of the leading iron and steel manufacturers across the globe is projected to maintain its dominance throughout the forecast period and also anticipated to create healthy demand for foundry additives during the projected period of time. Moreover, Europe is also expected to create healthy demand for foundry additives in the coming years. The demand of foundry additives in European market is mainly dominated by the Western Europe. Germany, France and Italy are the major consumers of foundry additives in the Western Europe market. Additionally, the growing demand in North American market for foundry additives is mainly dominated by U.S. Growing metal manufacturing and casting activities in the U.S. is the key reason behind growing demand from North American market.

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Global Foundry Additives Market: Market Participants

In the global market of foundry additives, huge rage of foundry additives are available in the market. Their use and consumption pattern is totally dependent of the application they are supposed to be used. Additionally, the market for foundry additives is highly fragmented and wide number of players are operating in the foundry additives market. Moreover, names of some of the manufacturers operating in the global market of foundry additives are:

  • Clariant
  • Chesapeake Specialty Products, Inc.
  • Imerys Group
  • REFCOTEC
  • ASK Chemicals
  • The HILL and GRIFFITH Company
  • Laviosa Chimica Mineraria SpA

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

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Global Foundry Additives Market: Segmentation

The global market for foundry additives can be segmented on the basis of type, composition, end use and region.

On the basis of type, the global foundry additives market is segmented as:

  • Iron oxides
  • Burn-out Additives
  • Engineered Additives

On the basis of composition, the global foundry additives market is segmented as:

  • Organic Additives
  • Inorganic Additives
  • Hybrid Additives

On the basis of end use, the global foundry additives market is segmented as:

  • Automotive Industry
  • Steel Industry
  • Construction Industry
  • Heavy Machinery
  • Electrical Industry
  • Railways
  • Mining

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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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Phosphotungstic Acid Market Is Expected To See a growth of ~5.4% | Future Market Insights

The global phosphotungstic acid market is expected to exhibit positive growth during the forecast period, with a CAGR of roughly 5.4%. The increased use of phosphotungstic acid in a variety of applications such as protein precipitation, proton donors, dyes and pigments, and biology and life sciences is driving market growth.

Phosphotungstic acid is chemical reagent primarily in the hydrate form. Phosphotungstic acid is abbreviated as (PTA) and is known by alternative name – tungstophosphoric acid (TPA). Over years, phosphotungstic acid is being used for staining of cell specimens in biology along with some other chemical compounds. Phosphotungstic acid helps in decoloring of tissues. Apart from histology, phosphotungstic acid is used for a wide array of applications such as catalyst, dyeing, precipitation of proteins, medicinal applications amongst others.

The market for phosphotungstic acid is currently in the initial stages and is more in the development phase. The growing investments in the biotechnology and histology and life sciences is anticipated to create noteworthy demand over the forecast period. Significant focus is being laid on the use of phosphotungstic acid for composite proton exchange membranes used in the manufacture of fuel cells

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Global Phosphotungstic acid Market Dynamics

Global Phosphotungstic acid Market Drivers

Amongst various factors, prominent factor impeding the demand of global phosphotungstic acid market is the increasing use of phosphotungstic acid hydrate as a staining agent for transmission electron microscope imaging applications. It is used with hematoxylin commonly known as PTAH.

There has been rise in demand for phosphotungstic acid which serves as a cost efficient and recyclable catalyst for the manufacture of polysubsituted quinolones. Quinolones are important compounds to be used in the pharmaceutical industry. Owing to the recyclable nature, phosphotungstic acid is widely being preferred. Opportunities from end uses such as pigments and dyes synthesis is also anticipated to augment the growth of global phototungistic acid market.

Global Phosphotungstic acid Market Restraints

The use of alternative material such as phosphomolybdic acid for staining application in histology is expected to restrain the growth of phosphotungstic acid to a marginal extent over the outlook period.

Global Phosphotungstic acid Market Trends

Recent trend witnessed across the global phosphotungstic acid market is increasing research and development of phosphotungstic acid for relatively niche applications including pharmaceutical industry. A number of companies are actively participating in exploring the diversified range of applications of phosphotungstic acid.

Global Phosphotungstic acid Market: Regional Outlook

In terms of regional perspective, the global phosphotungstic acid market is anticipated to be led by North America and Western Europe region. This is because to the growing research and development both in the microbiology and pharmaceutical industry for the development of advanced specialized drugs. Asia Pacific is anticipated to witness relatively higher growth rate in the second half of the forecast period. China is anticipated to hold dominant share in the Asia Pacific phosphotungstic acid market. Other regions such as Middle East and Africa are Latin America are anticipated to remain low volume and high growth regions over the forecast period. Japan is projected to witness moderate rise in demand for phosphotungstic acid in the coming years.

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Global Phosphotungstic acid Market Participants

Some of the market participants identified across the value chain of global Phosphotungstic acid market are:

  • TCS Biosciences Ltd.
  • MilliporeSigma
  • Alfa Aesar
  • MP Biomedicals
  • Bean Town Chemicals
  • VWR Life sciences
  • Sigma Aldrich
  • Fisher Scientific
  • Toronto Research Chemicals

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

Global Phosphotungstic acid Market Segments

The global Phosphotungstic acid market is categorized based on purity, end-use industry, application, type, grade and region. In the current scenario, histology (biotech and life science application is anticipated to be a major end use for phosphotungstic acid. However, other applications predominantly pharmaceutical is anticipated to witness robust growth over the forecast period.

Based on grade, the global phosphotungstic acid market is categorized as follows:

  • Research grade
  • Regular grade

Based on end-use industry, the phosphotungstic acid market is categorized as follows:

  • Pharmaceutical
  • Biotech and microbiology

Based on purity, the global phosphotungstic acid market is categorized as follows:

  • 99%
  • >99% (ultra-pure)

Based on application, the global phosphotungstic acid market is categorized as follows:

  • Catalyst
  • Dyes and pigments
  • Biology and life sciences
  • Proton donors
  • Precipitation of proteins
  • Others

Based on type, the global phosphotungstic acid market is categorized as follows:

  • Anhydrous
  • Hydrate

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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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Silver Cyanide Market Size, Share & Growth Report for 2032

Silver cyanide is a synthetic chemical compound obtained from the treatment of solutions containing Ag+ with cyanide. Its color darkens in the presence of light and the absence of minerals. Silver cyanide is generally used for silver plating of metals in the manufacturing industries. Silver cyanide plating is used for different purposes such as decorative effects on teapots, trinkets, and trays. It enriches the look and quality of the metal. Silver cyanide is also used for metal surface treatment to significantly increase its chemical and physical properties.

Furthermore, silver cyanide is available in different forms in the market such as solid or crystal form and in powder form as well. Each silver cyanide form has a different application in various end-use industries such as manufacturing industry, chemical industry, and in laboratories.

However, silver cyanide is a highly toxic material and can cause various serious health hazards. It produces poisonous gases when burned. It is classified as a highly-toxic material by the U.S. National Library of Medicine, Toxicology Data Network.

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Silver Cyanide Market: Regional Outlook

In the global silver cyanide market, the Asia Pacific region is expected to have a prominent share owing to the significant demand for silver cyanide from this region. China is expected to be the leading market for silver cyanide owing to the presence of a significant number of manufacturers. North America is anticipated to have a significant share in the global silver cyanide market owing to the increasing demand for silver cyanide from manufacturing industries and for research purposes.

The European silver cyanide market is subjected to various government regulations for the production and use of silver cyanide in various end-use industries. Therefore, the region is projected to have moderate growth during the forecast period. The Middle East and Africa region is expected to have promising growth in the silver cyanide market.

Silver Cyanide Market: Market Participants

Some of the market participants in the global silver cyanide market are:

  • American Elements
  • Alfa Aesar
  • Spectrum Chemical Manufacturing Corp.
  • Thermo Fisher Scientific
  • SAXONIA Edelmetalle GmbH
  • TANAKA HOLDINGS Co., Ltd.
  • Umicore
  • KSIP (Singapore) Pte. Ltd.
  • SUVCHEM
  • Metalor Technologies SA
  • DuPont and Dow
  • Mahavir Expochem Ltd.
  • Merck KGaA
  • Anhui Shuguang Chemical Group

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

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Silver Cyanide Market: Segmentation

The silver cyanide market can be segmented into purity, form, application, end-use industries, and region.

On the basis of purity, the global silver cyanide market is segmented into:

  • Low Purity
  • High Purity

On the basis of form, the global silver cyanide market is segmented into:

  • Solid
  • Powder

On the basis of application, the global silver cyanide market is segmented into:

  • Electronic Components
  • Silver Plating
  • Metal Surface Treatment
  • Chemicals & Salts
  • Research

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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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Drug Screening Market projected to expand at a 16% CAGR from 2022-2032, Says Future Market Insights

The global drug screening market is projected to expand at a 16% CAGR from US$ 5.3 Bn in 2021 to US$ 18 Bn by 2032 showing an immense improvement.

A crucial driver of the drug screening market is the overuse of prescribed drugs and the elevated use of narcotics. According to one of the recent World Drug Reports, drug and alcohol abuse and consumption are on the rise globally.

Drug abuse killed nearly 500,000 people, while drug use disorders resulted in the loss of 18 million years of a healthy life, primarily due to opioids. Similar increases in alcohol consumption have been observed, with the consequences being an increase in the incidence of impaired driving.

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The rising consumption of illicit drugs and alcohol will accelerate the development of drug screening products and services on the road, fuelling the drug screening market growth.

Some countries, including South Africa, Colombia, Chile, Argentina, and Canada, consider workplace drug and alcohol testing to violate employee privacy. Such prohibitions in various countries may impede the adoption of drug screening devices etc., thereby limiting the overall market growth.

Several new products, devices, and services have also received regulatory approval and are being adopted by government agencies and corporate organizations and are expected to broaden drug screening market opportunities.

Companies in this market are expected to gain new opportunities as their business strategies shift toward oral swab drug tests and the development of the concept of fingerprint-based drug screening, thereby driving the demand for drug screening devices etc.,

Furthermore, New Psychoactive Substances (NPS) such as tryptamines, ketamine, piperazine, and phenethylamines can be considered emerging trends in the drug screening market. Owing to its low cost and dependability, urine samples are the most commonly used for testing, ramping up urine drug tests.

Influenced by factors as mentioned earlier and developments, the drug screening market is forecasted to touch US$ 11 Bn by 2026.

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Key Takeaways:

  • By product type, the consumables segment is likely to dominate the market since they provide improved solutions to make testing accurate and quick, accelerating market growth.
  • As it is a quicker and less invasive sample to collect at the roadside, the oral fluid sample segment is expected to account for a significant drug screening market share by sample type.
  • By drug type, the cannabis/marijuana segment is forecasted to hold sway over the drug testing industry since marijuana or cannabis is the most commonly used illicit substance in critical markets.
  • Drug testing laboratories are predicted to be at the forefront of the market by end-use, owing to their widespread acceptance and accurate result.
  • The drug screening market size accounted for around US$ 5.3 Bn in 2021.

“North America is projected to reign the market owing to the government implementing strict workplace testing regulations as well as expansion strategies followed by players. Furthermore, the region’s high adoption of technologically advanced solutions & favourable reimbursement scenarios has fuelled the market growth. New organ-on-a-chip platforms enable more precise and accurate perception of drug effects on the human body, and its advancements are also contributing to the growth of the North American drug screening market.” asserts an FMI researcher.

Competitive Landscape:

Some of the notable players in the drug screening market are Premier Biotech (US), Abbott Laboratories (US), Alfa Scientific Designs (US), OraSure Technologies (US), Shimadzu (Japan), Drägerwerk (Germany), LifeLock (US), Thermo Fisher Scientific (US), MPD Inc. (US), Omega Laboratories (US), Psychemedics (US), Roche (Switzerland), and Siemens Healthineers (Germany), Quest Diagnostics (US).

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To capture larger market shares, key companies are pursuing various growth strategies such as mergers and acquisitions, geographic expansion, product invention leading to some significant recent developments in the drug screening market.

  • Drager Safety Canada’s Drager drug test 5000 drug testing device received government approval, making it the country’s first roadside oral fluid drug testing device with active government support.
  • Intelligent fingerprinting limited, based in the United Kingdom, has released the world’s first portable fingerprint drug test to detect and analyze marijuana, opiates, and amphetamines. The newly launched device allows for sample collection and analysis in 10 minutes, speeding up the process.

Key Segments

By Sample Type:

  • Urine samples
  • Breath Samples
  • Oral Fluid Samples
  • Hair Samples
  • Other Samples

By Product and Service:

  • Drug screening
  • Analytical Instruments
  • Rapid Testing Devices
  • Consumables
  • Drug Screening Service

By End User:

  • Drug Testing Laboratories
  • Criminal Justice and Law Enforcement Agencies
  • Hospitals
  • Drug Treatment Centers
  • Individual Users
  • Pain Management Centers
  • Schools and Colleges
  • Workplaces

By Region:

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

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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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Contraceptives Market projected to be worth US$ 18 billion by 2022 – Exclusive Report by FMI

In 2022, the global contraceptives market is expected to be worth US$ 18 billion. Contraceptive drug and device demand is expected to grow at a 5.5 percent CAGR, with the total market size reaching US$ 30.8 billion by 2032. According to a recent study by Future Market Insights (FMI), devices will lead the market in terms of product, accounting for approximately 58.3 percent of the market in 2021.

The global contraceptives market size is expected to reach ~US$ 33,529 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~6.2% between 2019 and 2029. According to the report, growing need of population control, increasing incidence of unwanted pregnancies and government’s initiatives drive the contraceptive market forward. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the contraceptives market. Some of these are:

  • The estimated value of the contraceptives market was at ~US$ 33,529 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America dominates the contraceptives market globally.
  • East Asia emerges as one of key markets owing to large population base, growing contraceptive awareness and initiatives taken by the respective country government.
  • Female segment holds the most of the contraceptive market as compared to men.
  • Key players are likely to focus on new product development in terms of drug & device, to stay relevant in developed markets.

Contraceptive Pills – the Most Lucrative Product Type

Contraceptive market contains drugs and devices. The devices market holds most the contraceptive market however drugs are anticipated to grow at highest CAGR owing to its beneficial property and easy consuming method. With the advancement of technology, the emergence of drugs have become popular as oral contraceptive pills which has the same purpose as other contraceptive drugs or devices. The simplicity and easy consumable method are expected to make it most popular contraceptive market. The other form of drugs such as topical and injectable contraceptives also witness strong market demand. Furthermore, these contraceptive pills are highly effective and does not interrupt in sex. Even in cases, it has been proved to reduce heavy and painful periods. All these factors and benefits are expected to fuel the sales of contraceptive drugs in the global market.

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Some of the leading players operating in the contraceptives market are Bayer AGPfizer Inc., Janssen Global Services, LLC, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Mylan N.V., Allergan Plc, Reckitt Benckiser Group plc, Veru Inc., Medisafe Distribution Inc., Cooper Surgical, Inc., Mayer Laboratories, Inc., Pfizer, The Female Health Company and others. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

  • As a part of government’s initiative, the government of India had launched a new contraceptive pill named ‘Shukhi 3rd Generation’ in Nov 2019.
  • In Spet. 2019, Exeltis USA, Inc. had announced the Launch of Slynd™(drospirenone) tablets, the First and only progestin-only pill providing pregnancy prevention with a 24-hour missed pill window

Get Valuable Insights into Contraceptives Market

Future Market Insights, in its new report, presents an unbiased analysis of the global Contraceptives market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the contraceptives market based on product type (contraceptive drugs – oral contraceptive pills, injectable, topical), gender (male, female), by price range (high range, low /economy), sales channel (Wholesaler/ Distributor, Hypermarket/ Supermarket, Specialty Stores, Drug & Pharma Stores, Convenience Stores, online, and others -hospitals, clinics etc.), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).

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Market segmentation

Product Type

  • Contraceptive Drugs
    • Oral Contraceptive Pills
    • Injectables
    • Topical
  • Contraceptive Devices
    • Diaphgrams
    • Sponges
    • Vaginal Rings
    • Subdermal Implants
    • Intrauterine Device

Gender

  • Male
  • Female

Price Range

  • High Range
  • Low / Economy Range

Sales Channel

  • Wholesaler/ Distributor
  • Hypermarket/ Supermarket
  • Specialty Stores
  • Drug & Pharma Stores
  • Convenience Stores
  • Online
  • Others (hospitals, clinics etc.)

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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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