Market Research Blog

The Global Cold Insulation Market is expected to be valued at $6,835.6 million in 2022, forecasts annual growth of 8.1% worth $14,894.8 million from 2022 to 2032 . The growth is attributed to increased demand in the oil and gas industry. Between 2016 and 2021, the thermal insulation market recorded a CAGR of 5.6%.

A technology implemented in industrial operations that are aimed at mitigating the loss of energy across various infrastructures and improving their energy efficiency is referred to as cold insulation. With the increasing growth of industrialization, especially in the HVAC sector as well as refrigeration sector, the demand for various types of cold insulation materials is increasing.

Leading players in the cold insulation market are aiming to introduce versatile materials including polystyrene foam, fiberglass, phenolic foam, and polyurethane foam, in order to meet the specific needs of a wide range of end users, and gain an edge in the global landscape.

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Oil & Gas Industry to Trigger Environment-friendly Cold Insulation Materials

The global oil & gas industry is among the biggest consumers of cold insulation materials, mainly due to the burgeoning use of cryogenic insulation equipment in a majority of industrial applications.

Oil & gas end users are bolstering the use of efficient cold insulation materials in cryogenic operations in which very low temperatures need to be maintained while mitigating the loss of energy. This is one of the most prominent factors that are likely to influence growth dynamics of the global cold insulation market

On the other hand, the awareness about the harmful environmental impact of oil & gas industrial activities as well as cold insulation materials is encouraging oil & gas industry players to switch environment-friendly alternatives to traditional cold insulation materials.

The growing use of various cryogenic gases including Liquefied Petroleum Gas (LPG) and Liquefied Natural Gas (LNG), is further triggering the demand for cold insulation materials with low carbon footprint, and this will further improve the sales potential in the global market.

Cold Insulation Market: Region-wise Analysis

Geographically, the global cold insulation market is divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

A mounting number of stakeholders in the global market for cold insulation are witnessing lucrative opportunities in North America, as the region is a leading consumer of advanced materials that are commonly used to improve the efficiency of operations and enable end users to gain better control over all those processes.

The region is also exhibiting a high level of demand for innovative materials that can minimize the impact of various industrial activities on the environment, and this is among the primary factors that will continue to create new opportunities for stakeholders in the North America cold insulation market.

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Apart from North America, developing countries in the Asia Pacific region, especially China, are accounting for a substantial share in the global consumption of cold insulation, owing to the rise of industrialization. Constantly bolstering investments in the manufacturing and construction industries in the region are continually contributing to the increasing demand in the region.

In the Middle East & Africa, developing countries such as Nigeria, Kenya, and South Africa are expected to witness the implementation of strict energy efficiency regulations, and this is expected to push the growth of the cold insulation market in the region. In addition, increasing development of infrastructure will further drive growth of the cold insulation market in the region.

Market Competition

Some of the key participants present in the global cold insulation market include:

The Dow Chemical Company, Huntsman Corporation, Armacell International Holding GMBH, Evonik Industries, Bayer Material Science, Pittsburgh Corning Corporation, Knauf Insulation, Aspen Aerogels Inc., Arabian FiberGlass Insulation Company Ltd., BASF SE, Fletcher Insulation Group, Kingspan Group PLC, Bradford Insulation Industries Ltd., Itw Insulation Systems among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as The Dow Chemical Company, Huntsman Corporation, Armacell International Holding GMBH, and Evonik Industries account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.

Cold Insulation Market: Segment Analysis

The cold insulation market can be segmented on the basis of the following:

By Type

• Polystyrene Foam
• Fiberglass
• Phenolic Foam
• Polyurethane Foam
• Others

By Application

• Oil & Gas
• HVAC
• Refrigeration
• Chemicals
• Others

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Report Highlights

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

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.

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According to latest research by Future Market Insights, Fire Rated Ducts market will grow at a moderate rate during 2021-2031. Demand for Fire Rated Ducts will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Rise in demand for fire safety in factories, residences and commercial buildings to avoid fires will drive the demand for the market.
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What is Driving Demand for Fire Rated Ducts?

Fire safety solutions are important to avoid any hazardous property or life loss. Many commercial and industrial buildings have mandatory fire rated ventilation ducts installed for safety. It is important for architects or engineers to install fire safety solutions in factories or any commercial buildings to avoid any fire- related accidents which is an important factor driving the demand for the market.

Over the forecast period, the market is likely to grow because of implementation of regulations imposed by the government about installation of fire safety ducts in all industrial buildings. Growing demand for heating, ventilation and air conditioning (HVAC) systems in the industrial sector and the rapid growth in construction industry are also the major factors uplifting the fire ducts market.

In addition to industrial applications, fire safety ducts are largely used in residential and public facilities. These ventilation ducts are constructed in effective zones to limit the spread of smoke and fire throughout the building, making them very effective and useful in case of fire.

Industrial Recovery Likely to Augment Fire Rated Ducts Sales

COVID-19 has had a substantial impact on the global fire rated ducts market in the initial phases of its outbreak. However, with the gradual increase in industrial activities and construction industry, Fire Ducts manufacturers are likely to witness sustained opportunities in the future.

Fire rated ventilation ducts are installed in buildings for fire protection. With growing industrialization, there will be growth in construction activities of new commercial as well industrial centers in many countries in coming years which is a developing factor for the market.

US and Canada Fire Rated Ducts Market Outlook

The US market will increase in the coming years because of exponential growth in infrastructure and material innovations by manufacturers. Due to pandemic the demand of fire rated ducts is likely to remain muted for the next couple of years, as construction industry slowly regains mobility in the market.

Demand for Fire Ducts in US and Canada will be led by growth in industrial sector as well as commercial facilities such as data centers and institutional buildings. Rising investments in construction industry in US is also accelerating the market growth as it will increase installation of the fire ventilation ducts in buildings. Many manufacturers are trying to develop energy efficient HVAC ducting for buildings which will increase the production of fire rated ducts in US.

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Europe Demand Outlook for Fire Rated Ducts

The healthcare sector is expected to be major benefactor from the installation fire rated ducts to ensure apex safety standards. European fire standards have made it mandatory for buildings for installations of complete ductwork that offers fire resistance by compartment wall or floor to stop the fire from spreading. Many countries in Europe have their own fire regulations, but increase in safety standards for buildings has accelerated the demand for fire duct in European market.

For Fire Ducts manufacturers and suppliers, it is essential for them to get a third- party product certificate and independent quality- assurance certificate on their fire ducts as it is important that the ducts are to be of the permitted size and should not leak.

Who are the Key Manufacturers and Suppliers of Fire Rated Ducts?

Some of the leading manufacturers and suppliers of Fire Rated Ducts include

• Lindab AB
• Unifrax LLC
• Durasystems
• Leminar Air Conditioning Industries LLC
• Firetrace Ductwork Ltd.
• Firth Sheet Metal
• CMS Group of Companies

Many leading manufacturers provide ducts for ventilation and smoke extraction that come in different sizes, operating pressures and configurations. Steel and Aluminum materials are widely used by manufacturers for making fire ducts.

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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Key Segments of Fire Rated Ducts Market

By Material:

• Steel
• Aluminum
• Fiber Glass
• Polymers
• Others

By Shape:

• Round
• Half Round
• Rectangular
• Triangular
• Others

By Penetration:

• Walls
• Decks
• Floor
• Others

By Service:

• Core Drilling
• Seals
• Duct Installation
• Others

By Application:

• Commercial Facilities
• Public Facilities
• Industrial Facilities
• Others

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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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The valuation of the Braze Alloys Market in 2022 is US$2,678.9 million. It is expected to grow at a CAGR of 4.3% during the forecast period, with the market expected to reach a valuation of US$4,081.3 million in 2032. Increasing adoption of recycling processes to promote sustainability, growth of the automotive sector and several other factors could increase sales of brazing alloys over the forecast period.

The global braze alloys market is witnessing an upsurge in recycling processes as manufacturers are innovating novel approaches for cost-effective manufacturing of braze alloys. Leading players in the global aluminum industry are also banking on innovative approaches for development, identification, and implementation of economical solutions to optimize the benefits of aluminum recycling.

Further, market players are focusing on automating and optimizing processes through pre-sorting, shredding, and separation methods that help recycled braze alloys to achieve favorable characteristics.

Global Braze Alloys Market – Growth Drivers

Braze alloys are witnessing significant demand from the automotive industry, where in they are used in condenser and evaporator connections for air-conditioning systems, fuel injection pipes, and brake linings.

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The end-use industry has been striving to develop lightweight automotive components. Copper and aluminum based braze alloys are light in weight and offers superior performance. Moreover, adoption of braze alloys would surge in the coming years, given considerable investments in automobile production in developing regions.

Moving ahead, braze alloys are also finding huge application in aerospace industry, as they are crucial in manufacturing of aircraft components that are highly resistant against high temperature and pressure, and corrosion.

Furthermore, rise in usage of recycled aluminum metal-based braze alloys in aerospace industry will provide lucrative opportunities for market players.

Global Braze Alloys Market – Growth Restraints

Fluctuating prices of raw materials, used in manufacturing of braze alloys, are a major concern for market players. Inadequate capacity and slumping manufacturing activities are disturbing the supply chain of braze alloys market.

Copper is the base metal in the production of copper-based alloys. As such, volatilities in process of manufacturing copper-based braze alloys is projected to have adverse impact on market growth.

Impact of COVID-19 on Global Braze Alloys Market

The COVID-19 pandemic is severely affecting the revenue pool of braze alloys market. Interruption in manufacturing process of automobiles in APAC and Europe has significantly reduced the demand for braze alloys. Industries are not focusing upon new launches of vehicles, rather they are concentrating on sales of previously manufactured vehicles.

Going forward, reduced flight operations have halted the manufacturing of aircrafts. As such, continual need of maintenance have decreased amidst the COVID-19 pandemic.

China is the largest producer of raw material for braze alloys. Due to the second wave of pandemic, government has imposed lockdowns and slowed down international transportation. This, in turn, is putting strain on net profit of manufacturers.

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Global Braze Alloys Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global braze alloys market both in terms of revenue share and CAGR. Rapid growth of end-use industries such as aerospace, automotive, and construction is majorly molding the regional market.

Moreover, governments are playing a crucial role by scaling up their investments in infrastructure development projects, especially in countries – China, Japan, and India. While APAC’s market has been making significant strides, the braze alloys market in North America is also offering relevant revenue creation prospects.

Represented by the US, North America accounts for around half of the global aerospace industry revenue.

Key players in global braze alloy market includes,

• Johnson Matthey Plc.
• Morgan Advanced Materials plc.
• Lucas-Milhaupt, Inc.
• Oerlikon Metco
• Umicore N.V.
• Bellman-Melcor LLC
• Harimatec Czech
• s.r.o.
• Indian Solder
• Braze Alloys
• VBC Group.

Global Braze Alloys Market – Competitive Landscape

The global braze alloys market is fairly consolidated comprising limited number of players. These market leaders are innovating new approaches for manufacturing braze alloys to maintain sustainability.

Manufacturers are adopting artificial intelligence (AI), for pre-sorting, shredding, and separation of metals. Further, strategic activities such as acquisitions and capacity expansions are shaping the competitive landscape.

Global Braze Alloys Market – Segmentation

The global braze alloys market is segmented on the basis of following,

By Product Type

• Copper
• Gold
• Silver
• Aluminum
• Others

By Application

• Automotive
• Electronics
• Aerospace
• Others

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Report Highlights

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.

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.

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The global monochlorobenzene market is expected to reach a valuation of US$ 2,592.6 Mn by 2032, with the market expanding at a dormant CAGR of 3.3% from 2022 to 2032. Valued at US$ 1,813.98 Mn in 2021, the monochlorobenzene market will likely reach an estimated US$ 1,873.9 Mn in 2022.

The escalating application of monochlorobenzene in different end-use industries drives the market growth of the same. More than half of all monochlorobenzenes are utilized in the production of nitrochlorobenzenes which, in turn, is used to produce pigment intermediates, dye, pesticides, rubber processing chemicals, organic intermediates and pharmaceuticals among others.

This, along with other monochlorobenzene subcategories propel the growth of the target market during the forecast period. An aromatic organic compound with the chemical formula C6H5Cl is referred to as monochlorobenzene . A colorless, flammable liquid, monochlorobenzene acts as a typical solvent for use as an intermediate in the manufacture of other chemicals.

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These compounds are mainly used as a medium in the production and synthesis of pesticides and a variety of other chemicals. Monochlorobenzenes are, thus, largely used in manufacture of different pesticides, insecticides, deodorizers, degreasers, fumigants and herbicides among others.

The major growth driver for the monochlorobenzene market is the product’s diverse applications such as nitrochlorobenzene, sulfone polymers, diphenol ether and phenylphenols, and solvents are driving the growth of the market.

Again, nitrochlorobenzenes are, in turn, used as intermediates in the manufacture of rubber chemicals, agricultural chemicals, antioxidants, dyes and pigments. In this manner, nitrochlorobenzenes  segment comprises the major application of monochlorobenzene. Thus, varied application of monochlorobenzene acts as its key growth driver.

Moreover, monochlorobenzene is used as s a solvent in processes to create rubber products, pesticides, pharmaceuticals, and resins. Hence, the year-by-year expansion of the pharmaceutical and pesticide industries augments the demand for the monochlorobenzenes market.

Heightened demand for the target product from the chemical industry, and the personal care sector boosts the overall growth of the monochlorobenzene market during the forecast period.

“Rising emphasis on personal care and grooming is expanding the personal care industry, which in turn, drives the global growth of the monochlorobenzene market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Availability of substitutes and the growing concern for the environment may impede market growth.
• North America will account for 20.8% of the market share by the end of 2022.
• In 2022, Europe will hold about 17.2% of the total market share.
• Rising demand will the chemical industry will propel the growth of the Nitrochlorobenzene segment.
• Asia Pacific is the fastest growing market for monochlorobenzene.
• China is driving the target market growth in the Asia Pacific region.

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Competitive Landscape 

Arkema SA, Henan Kaipu Chemical Co., Ltd., Bayer AG, PPG Industries, Inc., Jinhua, Chemical (Group) Corporation, Nanjing Chemical Industry Co.Ltd, Solutia, Inc., and Tianjin Bohai Chemical Co. Ltd., among others are some of the major players in the monochlorobenzene market profiled in the full version of the report.

Leading market players are focusing on product development and creating unique formulations to cater to the growing demand.

Key Segments Profiled in the Monochlorobenzene Industry Survey

Monochlorobenzene Market by Type:

• p-Dichlorobenzene
• o-Dichlorobenzene
• m-Dichlorobenzene
• Tetrachlorobenzenes
• Nitrocholorobenzene
• Trichlorobenzenes
• Hexachlorobenzene
• Others

Monochlorobenzene Market by Region:

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

More Insights into Monochlorobenzene Market Report

In its latest report, FMI offers an unbiased analysis of the global monochlorobenzene market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.

To understand the global market potential, growth, and scope, the market is segmented on the basis of type (p-Dichlorobenzene, o-Dichlorobenzene, m-Dichlorobenzene, Tetrachlorobenzenes, Nitrochlorobenzene, Trichlorobenzenes, Hexachlorobenzene, others), and region.

According to the latest FMI reports, based on segmentation, the Nitrochlorobenzene segment will account for a major share of the overall market in 2022 and will continue this steady growth during the forecast period. In terms of end-use, the chemical use segment will drive the demand for Nitrochlorobenzene during 2022-2032.

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Based on region, the monochlorobenzene market in North America will present substantial growth by accounting for 20.8% of the overall market share in 2022.

The establishment of specialty chemical manufacturing industries coupled with rising demand for the target product in the chemical sector will propel the market growth in this region during the forecast period. Europe and Asia Pacific will also present lucrative opportunities to the monochlorobenzene market through 2032.

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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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The Global Magnetic Materials Market is expected to reach a CAGR of 9.3 between 2022 and 2032. Magnets are now used in all areas of industry. The microphones we use for electric motors in cars are all derived from magnets.

For example, MRI, now widely used in the medical industry, called Magnetic Resonance Imaging, uses powerful magnets combined with radio waves to diagnose a variety of conditions inside the body.

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Magnetic Material. FMI provides a new study to elucidate the potential growth parameters of the Magnetic Material market. On the back of prevailing trends FMI presents a positive growth outlook.

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 Magnetic Material 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.

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

Impact of COVID-19 on Magnetic Material 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 Magnetic Material market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Magnetic Material Market Report

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

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Magnetic Material Market: Key Segmentation

By Metal Used

• Neodymium
• Aluminium Nickel Cobalt
• Samarium Cobalt

By Magnet Type

• Permanent
• Electromagnet

By Application

• Automotive
• Medical Equipment
• Energy & Power Generation
• Consumer Goods & Electronics
• Defence & Military Communication
• Satellites & Space Missions
• Industrial

Magnetic Material Market: Competitive Evaluation

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

• Arnold Magnetic Technologies
• Hitachi Metals Ltd.
• Molycorp Inc.
• Electron Energy Corporation
• Lynas Corporation Ltd.
• Tengam Engineering Inc.
• Adams Magnetic Products Co.
• Hangzhou Permanent Magnet Group.
• Shin-Etsu

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 Magnetic Material market
• Reliable information on new product launches, technological advancements, and more
• Valuable insights on the impact of regulatory framework on the global Magnetic Material market

About FMI

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

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The market for glass fiber reinforced plastic composites market is growing continuously and is expected to grow at a moderate CAGR of 6.6% between 2022 and 2032. Glass fiber reinforced plastic is a lightweight and durable material made from very fine glass fibers .

Compared to carbon fibers, glass fibers have low brittleness and the glass fibers used to manufacture them are less expensive. In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Glass Fiber Reinforced Plastic (GFRP) Composites.

FMI provides a new study to elucidate the potential growth parameters of the Glass Fiber Reinforced Plastic (GFRP) Composites market. On the back of prevailing trends FMI presents a positive growth outlook.

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 Glass Fiber Reinforced Plastic (GFRP) Composites 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.

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FMI’s latest report on global Glass Fiber Reinforced Plastic (GFRP) Composites market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Glass Fiber Reinforced Plastic (GFRP) Composites in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Glass Fiber Reinforced Plastic (GFRP) Composites 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 Glass Fiber Reinforced Plastic (GFRP) Composites market is expected to witness in the upcoming decade.

Impact of COVID-19 on Glass Fiber Reinforced Plastic (GFRP) Composites 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 Glass Fiber Reinforced Plastic (GFRP) Composites market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

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 Glass Fiber Reinforced Plastic (GFRP) Composites Market: Competitive Evaluation

The FMI’s Glass Fiber Reinforced Plastic (GFRP) Composites market report provides a comprehensive analysis on key players operating in the Glass Fiber Reinforced Plastic (GFRP) Composites market. Some of the key players are:

• Johns Manville
• BGF Industries
• Asahi Glass Company Limited
• Advanced Glassfiber Yarns LLC
• Chomarat Group
• Jushi Group Co. Ltd.
• Taishan Fiberglass Inc.
• Owens Corning
• PPG Industries Inc.
• Binani 3B-The Fibreglass Company
• Saertex Group
• Chongqing Polycomp International Corp.
• Saint-Gobain Vetrotex
• Nitto Boseki Co. Ltd
• Nippon Sheet Glass Co. Ltd

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.

Glass Fiber Reinforced Plastic (GFRP) Composites Market: Key Segmentation

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By Type

• Epoxy
• Polyester
• Vinyl Ester

By Application

• Transportation
• Electricals
• Electronics

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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 Glass Fiber Reinforced Plastic (GFRP) Composites market
• Reliable information on new product launches, technological advancements, and more
• Valuable insights on the impact of regulatory framework on the global Glass Fiber Reinforced Plastic (GFRP) Composites 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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These fluids are used in applications where water or abrasives may not work well. It is used in various industries such as chemical industry, solar power plants, manufacturing processes, oil refining and many more. The thermic fluid market is anticipated to grow by a CAGR of more than 6.2% from 2022-2032.

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Thermic Fluid. FMI provides a new study to elucidate the potential growth parameters of the Thermic Fluid market. On the back of prevailing trends FMI presents a positive growth outlook.

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 Thermic Fluid 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.

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

Impact of COVID-19 on Thermic Fluid 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 Thermic Fluid market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Thermic Fluid Market Report

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

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Thermic Fluid Market: Key Segmentation

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By End-User:

• Thermic Fluid for Epoxy Resins
• Thermic Fluid for Led Luminous Diode
• Thermic Fluid for Copper Clad Plate
• Thermic Fluid for Paints
• Thermic Fluid for Encapsulating Material

Application:

• Thermic Fluid for Halogen Free Fire Retardant

Thermic Fluid Market: Competitive Evaluation

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

• Solutia Inc. (U.S.)
• Dow Chemical’s Co. (U.S.)
• ExxonMobil (U.S.)
• Shell Corporation (The Netherlands)
• BP (U.K.)

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 Thermic Fluid market
• Reliable information on new product launches, technological advancements, and more
• Valuable insights on the impact of regulatory framework on the global Thermic Fluid market

About FMI

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

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The structure of ortho-xylene market and its aggressive reaction with oxidants can cause fires and explosions. As a result, governments around the world have imposed severe restrictions on the use of ortho-xylene. This is expected to have a negative impact on the ortho-xylene market in the near future.

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Ortho-Xylene. FMI provides a new study to elucidate the potential growth parameters of the Ortho-Xylene market. On the back of prevailing trends FMI presents a positive growth outlook.

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 Ortho-Xylene 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.

Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-157

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

Impact of COVID-19 on Ortho-Xylene 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 Ortho-Xylene market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Ortho-Xylene Market Report

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

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Ortho-Xylene Market: Key Segmentation

By Region

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

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By Type

• Ortho-xylene
• Meta xylene
• Para xylene

By Application

• Phthalic Anhydride
• Bactericides
• Herbicides
• Lube Oil Additives

By End Use

• Automotive
• Building & Construction
• Paints & Coatings
• Aerospace & Defence
• Electrical & Electronics
• Agrochemical
• Oil & Gas
• Chemical

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Ortho-Xylene Market: Competitive Evaluation

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

• Creasyn Finechem (Tianjin) Co., Ltd.
• Doe & Ingalls of North Carolina Inc.
• Dyna Chem Inc.
• Minda Petrochemicals Ltd.
• Shell Chemicals
• Sonoco Chemicals
• S. Petrochemical Industries Ltd.

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.

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 Ortho-Xylene market
• Reliable information on new product launches, technological advancements, and more
• Valuable insights on the impact of regulatory framework on the global Ortho-Xylene 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.

Contact Us

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The cetanol market is expected to register a CAGR of 4.7% over the forecast period, with incremental growth of US$651 million over the forecast period. Sales of cetanol are expected to increase as cetanol is increasingly used in personal care and cosmetic products.

In addition, the demand for cetanol is increasing due to the growing market share of cetanol in Germany. Growing demand from the food and beverage industry is also expected to contribute to the % growth in cetanol market share.

Cetanol is considered as a long chain compound falls under the category of organic alcohol. Also, cetanol is also called by various other chemical names such as 1-Hexadecanol, cetyl alcohol, Hexadecan-1-ol, palmityl alcohol or N-Hexadecyl alcohol.

Under room temperature. There are different techniques adopted by the manufacturers to synthesize and produce cetanol and one of the cutting edge production method depends on the reduction reaction of palmitic acid, which is produced from palm oil.

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Cetanol is considered as one of the key components for Cetearyl Alcohol which is another chemical ingredient, whose applications are broadly utilized in numerous industries. In the modern scenario, numerous manufacturers are adopting another new technique for making cetanol that comprises of saponification of spermaceti in ethylene glycol in a vessel made of stainless steel & furnished with mechanical agitation.

In the commercial market-place, cetanol are available in two forms i.e. clear liquid and waxy solid out of which the later one finds significant demand from the end user industry.

Cetanol Market: Dynamics

Cetanol plays a vital ingredient in the formulation of cosmetics. Cetanol fills in as a thickener, emulsifier emollient, and carrying agents for different ingredients present in cosmetic formulations and solutions.

Also, Cetanol is considered as a surfactant used in shampoos, as a thickening agent for the formulation of healthy skin creams and lotions. Cetanol additionally utilized as a thickening agent in the formulation of cleansers and soaps.

Cetanol enables emollient properties during the formulation of healthy skin care items because of its retention and adsorption in the epidermis layer where it lubricates and provides the softening of the skin. Besides, the overall revenue for the cosmetic industry in the global level is in the path of rise creating significant sales and volume consumption potential for cetanol.

Anti-aging creams and healthy skin care items are in intense interest among the maturing population in the developed nations creating demand-space for cetanol. The millennial group and population are presently much considerate on different cosmetic items around the globe.

Thus the developing worldwide utilization rate for cosmetic products can help in driving the interest for Cetanol market. However, attaining certification from different regulatory delaying the commercial cycle of the cosmetic product and increases the production cost, thus dents the growth of the cetanol market.

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Cetanol Market: Regional Trends

North America and Europe collectively dominate the Cetanol market in terms of consumption. These two regions collectively hold more than half of the cetanol market value share. Most of the population in the developed country is getting economically richer because of the steady economic growth.

This has increased the purchasing ability and the ability to spend more on specialty products (specialty cosmetics and personal care products being some of them) as compared to the earlier times when such products were considered unaffordable by most of the middle class and poor class population thus creating substantial demand potential for cetanol.

Asia-pacific countries such as China, India, and ASEAN to name a few are considered as one of the fastest growing countries across the world. Significantly large young population base in the region is creating ample growth opportunities for cetanol market players.

Also, the cetanol market is highly influenced by the introduction of new and innovative personal care products that are being launched in the market periodically. In MEA, Cosmetic products are bound to Halal & Kosher certification, cetanol suppliers in the region are looking forward to gaining the same to increase their product penetration.

Cetanol Market: Market Participants

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

• Surfachem Group Ltd
• Pure Spa Aromatherapy
• Acme-Hardesty Company
• Agricole Bio-Technology Pte Ltd
• Suriachem Sdn Bhd
• Stoney Hill Farm
• Timur Network Malaysia Sdn.Bhd
• Acme-Hardesty Company
• Naturallythinking
• Lansdowne Chemicals Plc.

The Cetanol 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.

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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 Cetanol market segments and geographies.

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 favour 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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The Asia Pacific bentonite market is right now esteemed at around US$ 65,706.9 Mn and is expected to extend at a CAGR of 5.9% to arrive at US$ 116,799.7 Mn by 2032. Developing interest for bentonite is supposed to be driven by areas like individual consideration, drug, and agrochemical.

The Asia Pacific Bentonite Market is estimated to expand at 5.9% CAGR over the forecast period. Increasing demand from the personal care and cosmetics sector is expected to augment the growth in the market over the assessment period.

Bentonite’s excellent features such as water absorption capacity, detoxification, and acne treatment make it ideal for use in various personal care and cosmetics products. Bentonite clay is used in sunscreen, hair cleansers, and softeners. It is also used as a thickener, absorbent, filler, texturizer, and binder in various skin and hair care products and color cosmetics.

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Moreover, growing trend of using organic products is compelling personal care product manufacturers to shift towards eco-friendly and chemical-free products that are equally effective.

Bentonite is a natural absorbent and does not have any severe side effects on health. Owing to the eco-friendly nature of bentonite, its increasing application in the personal care industry is anticipated to propel the growth of the Bentonite market in recent years.

 “Increasing demand for organic personal care and cosmetic products across the globe, along with increasing investments in the pharmaceutical sector across India and China will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

• The Asia Pacific bentonite market is expected to attain a value of over US$ 116,799.7 Th by the end of the forecast period growing at a CAGR of 5.9% over the forecast period.
• Rising demand for bentonite for usage in sunscreen, hair cleanser, and softener in personal care sector is expected to propel the growth in the market in recent years.
• Bentonite is used in the pharmaceutical industry owing to its absorption property, high Alkalinity, and Antibacterial properties.
• China is the second-largest pharmaceutical market in the world owing to this reason China is predicted to be the leading country in terms of Bentonite consumption.

Competitive Landscape

Ashapura Group, Kunimine Industries Co. Ltd, Wyo-Ben Inc, Manek Mineral Group, Arumpo Bentonite Pty Ltd, Organic Industries Pvt. Ltd, Swell Well Minechem Pvt. Ltd., Dae Minerals Co., Ltd, Nova Gas Technologies Inc., Boc Gases Ireland Inc., and various others are some of the key manufacturers of bentonite.

More Insights into the Asia Pacific Bentonite Market Report

In its latest report, FMI offers an unbiased analysis of the Asia Pacific Bentonite Market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032.

To understand the Asia Pacific market potential, its growth, and scope, the market is segmented based on Product Type (sodium, calcium, aluminum & others), Application (absorbent, thickener, oral care, carrier/formulator, anti-inflammatory agent, WP, WDG & SC and other), End-Use (pharmaceuticals, crop protection, animal care, personal care, and ceramics) and Country.

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Asia Pacific Bentonite Market by Category

By Product Type:

• Aluminum
• Calcium
• Sodium
• Other

By Application:

• Absorbent
• Anti-inflammatory agent
• Carrier/Formulator
• Oral Care
• Thickener
• Others

By End Use:

• Animal Care
• Ceramics
• Crop Protection
• Personal Care
• Pharmaceutical

What are the Opportunities for Bentonite Manufacturers in Asia Pacific?

The combination of bentonite and cyclodextrin has the potential to promote a variety of chemical reactions in aqueous solutions under ultra-sonication, including the synthesis of xanthan, knoevenagel condensation, and octa hydro quinazolinones. It can also function as a catalyst in esterification reactions.

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In the chemical industry, a catalyst is extremely important. The chemical sector is expanding due to the strong demand for specialty and commodity chemicals, which will provide opportunities for growth in the bentonite 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us

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