Market Research Blog – Page 9719 – New Product Development

Optical Encoder Market : Top Trends and Industry Overview to Watch for 2022-2029

The Optical Encoder Market revenue totalled ~US$ 2,333.4 Mn in 2021 and is projected to reach ~US$ 4,851.9 Mn by 2029, growing at a CAGR of 9.7% for 2022 – 2029. Increasing implementation of advanced absolute optical encoders by manufacturers of surface mount technology (SMT) placement equipment will also remain a major booster to market growth through 2029.

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Key Takeaways – Optical Encoder Market Study

Players in the automation sector are switching from incremental optical encoders to absolute optical encoders that are well suited for high-precision instrument, as they produce parallel digit outputs.
Shafted optical encoder is estimated to continue to hold a leading market share, based on configuration, during the forecast period.
Healthcare equipment currently account for over a fourth of total demand. It will remain a significantly lucrative application area for optical encoder manufacturers and is most likely to overtake the consumer electronics industry in terms of market value share, in the latter half of projection period.
Asia Pacific excluding Japan (APEJ) is witnessing a high growth rate in optical encoder market as manufacturers of automotive, consumer electronic, and industry automation are adopting optical encoders to improve product quality

Commercialization of Quantum Dots to Create Lucrative Opportunity

Requirement for high performance optical encoders is expected to increase, owing to commercialization of quantum dots (QDs). These QoDs are used in a variety of thin film devices such as photo detectors, solar cells and LEDs. In flat panel display (FPD) applications, QDs offer improved efficiency, display life, power consumption, brightness and color saturation, along with reduced cost.

Experts at FMI expects manufacturers to shift from liquid crystal display (LCD) towards the development of QD-enabled devices such as cost-effective thin film transistor (TFT) products in the foreseeable future.

Improvement in performance will be crucial to meet demand for motion control in these QD devices. Advanced optical encoders are expected to emerge as the best solutions for servo feedback in applications that require highest precision, in turn creating potential business opportunities for manufacturers in the optical encoders market.

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Competitive Landscape

Many key players are inclined at investing heavily in innovation, research, and development practices to uncover increased applications of optical encoder. With the use of technology, vendors are also focusing on strategic partnerships and collaborations, new product developments and business expansion to capture huge customer base.

Honeywell International
Rockwell International
Renishaw PLC
Allied Motion Technologies
Sensata Technologies
US Digital

Optical Encoder Market Outlook by Category

By Configuration :

Shafted Optical Encoder
Hollow-Shaft Optical Encoder
Absolute Optical Encoder
Multi-turn Optical Encoder
Incremental Optical Encoder

By Output Signal Format :

Analog Optical Encoder
Digital Optical Encoder

By Application :

Healthcare Equipment
Consumer Electronics and Semiconductor Manufacturing Equipment
Robotics Equipment
Test & Measurement Equipment
Others

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By Region :

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

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Terephthalic Aldehyde Market Value to Grow by Almost US$ 4,342,866.7 Million During year of 2028 , Says FMI

According to the report, the global terephthalic aldehyde market is expected to witness -3.8% CAGR from 2018 to 2028. While the market currently values worth US$ 16,129,832.3, it has been projected to go down and reach US$ 4,342,866.7 by the end of 2028.

The leading companies functioning in the global terephthalic aldehyde market are Haihang Industry Co., Ltd., Wuhai Xinye Chemical Co., Ltd., Dalian Richfortune Chemicals Co. Ltd., Alfa Aesar, Hebei Xingyu Chemical Co., Ltd., and Tokyo Chemical Industry Co., Ltd.

Future Market Insights (FMI) has published a new report on terephthalic aldehyde, which has been titled, “Terephthalic Aldehyde Market: Global Industry Analysis 2013-2016 and Opportunity Assessment 2018-2028.” According to the report, the global market for terephtahlic aldehyde is on the verge of downfall owing to the amount waste water being generated from the production of only one tonne of terephthalic aldehyde.

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It has been considered uneconomical by a handful of players in the market owing to its expensive nature as well as lack of proper infrastructure in order to treat colossal amount of waste water. Moreover, owing to the government regulations across the globe, the production of terephthalic aldehyde has been halted by a majority of key companies in the global marketplace.

The world is observing an insufficient supply of terephthalic aldehyde, principally caused by the enforcement of ‘Environmental Protection Tax Law’ in 2016 in China. The policy required producers to install proper waste management facilities and levied heavy punishments and penalties on the companies, waning to comply with the mandated regulatory standards.

These regulations interrupted the production facilities of terephthalic aldehyde, resulting in to abridged productivity, creating a huge variation between demand and supply. This has led to high vulnerability in the global market, leaving the end users obligated to look for other alternate materials or production technology in order to meet the industry demand.

The scope of application and use of terephthalic aldehyde has expanded over the years to various end-use industries. It is mainly used for the production of optical brighteners and photo-polymers. It is also an important intermediate in the synthesis of medicines, dyes and perfumes.

Though terephthalic aldehyde is a small volume product, it is projected to profit from macroeconomic industrial growth, predominantly in end-use sectors where it finds its niche applications. The macroeconomic factors are projected to underpin end-user industries, such as textile, personal care, paper and pulp, and pharmaceutical, which in turn would create the demand for terephthalic aldehyde.

Further, the uniqueness of terephthalic aldehyde in niche applications proves to be a vantage point. As per various industrial sources, the dearth of the alternatives in optical brightener application is the main factor driving its demand globally.

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Use in Other Applications along with Optical Brightener to Open Future Prospects

Market Taxonomy

The global terephthalic aldehyde market has been segmented into:

By Application

Optical Brightener
Polymers
Pharmaceutical Intermediates
Others

By Grade

Pharma/Super Grade
Technical Grade

Economically, terephthalic aldehyde is mainly manufactured by the chlorination and subsequent hydrolysis of p-xylene; the production process involves highly toxic chlorine gas for chlorination and requires a large volume of nitric acid during the oxidation process.

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Pharmaceutical Grade Sodium Chloride Market to cross US$ 450 Mn by 2022-2029, Says Future Market Insights

Expected to reach the value of US$ 450 Mn by the end of forecast period (2022 – 2029), global pharmaceutical grade sodium chloride market will witness a strong CAGR. A new Future Market Insights (FMI) report analyzes that over the recent years there, has been a significant increase in demand for pharmaceutical grade sodium chloride owing to its application in the treatment of chronic kidney disease (CKD).

Hemodialysis is one of the applications, which significantly contributes to increasing demand for pharmaceutical grade sodium chloride. Multiple pharmaceutical applications such as saline drips, contact lenses solutions, and ORS solutions seek pharmaceutical grade sodium chloride as an important raw material for vital medical solutions such as aqueous isotonic injection of dextrose, solution for surgical recovery, and intravenous therapy solution.

Low-income countries, majorly from the Middle East & Africa, are dependent on organizations such as WHO and UNICEF for supplements. To strengthen supply to these economies, UNICEF has openly extended support to governments to scale-up their ORS circulation by promoting quality co-packaged ORS and ensuring a secure and functioning program.

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Key Takeaways – Pharmaceutical Grade Sodium Chloride Market Study

In the medical sector, pharmaceutical grade sodium chloride consumption is dictated as per authoritative organizations, resulting in a number of manufacturers obtaining Good Manufacturing Practice (GMP), FDA and other certifications to adhere by the guidelines of safe manufacturing as well as utilizations.
Applications of pharmaceutical grade sodium chloride continue to diversify in treating array of diseases such as gastrointestinal disorders, diabetes, and cancer of blood and kidney has been registered over the past decade, resulting in a nearly 40% increase in demand for pharmaceutical grade sodium chloride-containing medical solutions over the period of 2009-2019.
Developed countries such as the U.K., the U.S., Germany, China, and others have been self-reliant on manufacturing medicines and solutions to treat chronic kidney diseases (CKD).

Who is Winning Competition?

The market is heading towards consolidation as key manufacturers are opting for inorganic techniques; however, multiple potential manufacturers are coming up as response to increased demand in recent years. To establish presence globally, new players have to be leaders in the local market first.

Some key participants mentioned in the pharmaceutical grade sodium chloride market report are K+S Group, Akzo Nobel N.V., Dominion Salt Ltd, Morton Salt LLC, and Tianjin Changlu Haijing Group Co., Ltd., among others

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Key players are constantly enhancing their manufacturing capabilities by expanding and enhancing existing processing facilities and products, along with investments in the research & development sector to expand their product portfolio and acquire relatively smaller players and increase production capacities.

Furthermore, players in emerging markets are focusing on rapid business expansions and increasing value-additions in their product offerings.

Pharmaceutical Grade Sodium Chloride Market By Category

By Type:

API-NaCl
HD-NaCl

By Application:

Injections
Hemodialysis
Oral Rehydration Salts
Osmotic Agents
Others

A Sneak Peek into the Future Outlook of Market

There has been a significant growth in investments towards R&D in the Asia Pacific region from tier-2 and tier-3 players. The market is expected to remain highly consolidated and is expected to open new opportunities in the future.

Moreover, the growth of end users such as pharmaceutical, healthcare, and tablet & film coatings, among others is also expected to create favorable conditions for the growth of the global pharmaceutical grade sodium chloride market.

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Ferric Sulphate and Polyferric Sulphate Market to Surpass US$ 526.7 Mn by 2022-2027, Says FMI

The demand for Ferric Sulphate and Polyferric Sulphate Market is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights.

The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022–2027’presents the complete market scenario of these iron based coagulants.

This comprehensive research study further highlights major factors impacting the growth of the ferric and polyferric sulphate market worldwide and also the most lucrative regional market. According to the key outcomes of this research on the ferric and polyferric sulphate market, the high rate of global industrialization is resulting in an increase in water contamination.

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With the increasing awareness in developing countries about water conservation and reuse, governments in these economies are enforcing stringent regulations for proper treatment of sludge. As a result, it has been made mandatory for industries to treat sludge before disposal. Ferric and polyferric sulphate works as a major water treatment chemical and growth in demand is expected to spur in the near future.

Municipal and Domestic to be Dominating End Use Sector

The Municipal & Domestic sector is expected to represent a market attractiveness rating of 5.0 and be a relatively attractive market segment during the forecast period. This segment is expected to account for over 25% market share both in terms of value and volume during the forecast period.

This is a result of increasing efforts towards water conservation activities by industry bodies, municipal corporations and environmental associations. Various regulations have been formed by environmental agencies and government authorities, which aim to achieve water conservation and reduce water pollution.

Sludge treatment is an integral part of such activities. During the forecast period, new water and sludge treatment facilities are expected to come up across the globe, which is anticipated to drive the consumption of sludge treatment chemicals across respective regions.

With such trends prevailing in the world, the municipal and domestic sector is expected to reach a market value of over US$ 140 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

APEJ and Latin America to Closely Compete in Terms of Growth Rate

Due to the expansion of key players and the presence of a large number of companies in the Chinese market, APEJ is expected to be the most attractive regional market for ferric and polyferric sulphate during the forecast period. APEJ is expected to witness the largest market size of over US$ 160 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

Other than APEJ, Latin America and Eastern Europe are also expected to be lucrative regions with Latin America CAGR by Value 4.5%. This growth can be attributed to the rising demand for clean water in Brazil, Mexico and other parts of Latin America.

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Competitive Landscape

Some of the key players mentioned in the report are Pencco, Inc., Altivia Chemicals, LLC, Kemira Oyj, Chemifloc Limited, Hunan Yide Chemical Co.,Ltd., Lubon Industry Co.,Ltd., Chemtrade Logistics Inc.,, Clinty Chemicals, Henan Aierfuke Co. Ltd., BAUMINAS Group, Airedale Chemical etc.

Ferric sulphate and polyferric sulphateMarket by Category

By Product Type:

Ferric Sulphate
Poly Ferric Sulphate

By End Use:

Municipal & Domestic
Power Generation
Oil & Gas
Chemicals
Mineral & Metallurgy
Food & Beverages
Pulp & Paper
Others

What was the Impact of COVID-19 Crisis on Global Market of Ferric sulphate and polyferric sulphate?

The unprecedented outbreak of the SARS-COV-2 virus in the year 2020 has significantly impacted the global economy as well as affecting the industrial sector. Decrease in demand from the consumers and low production rate of the manufacturing sector has resulted in lower demand for a product. All these have significantly impacted the supply chain network overall impacting the economic growth.

Low growth in the industrial sector of chemicals, oil & gas, paper and pulp, minerals & metallurgy and others have significantly impacted the business of iron sulphate compounds during the pandemic crisis. However, with the recovery of the economy and improving industrial sector have enhances the demand of sulphates of iron.

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Sulphur Bentonite Market will Reach a Value of US$ 279.7 Mn by 2022-2029 at a CAGR of 5.0% | FMI

A new market research report by Future Market Insights (FMI) on the sulphur bentonite market forecasts a promising growth outlook for the market during the decade-old period of projection. Demand from China would account for nearly 50% of total market value towards the end of 2029.

Up from the global market value of US$ 188 Mn attained in 2021, sales of sulphur bentonite will observe promising growth during the forecast period, 2022 – 2029. The report opines that market growth will be primarily driven by rapid growth in demand for increased crop yield. Application will be promising in oilseeds, fruits and vegetables, cereals, pulses, crops, lawns, turf, and trees.

With cultivating land soils facing continued sulphur deficiency, it is likely that sulphur bentonite consumption will be on an upward trend through the foreseeable future. The progressing local and foreign investment scenario in agriculture will also fuel the growth of sulphur bentonite market.

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Key Takeaways – Sulphur Bentonite Market

Sulphur bentonite remains among the most intense sulphur carriers that helps in boosting crop yield and field productivity.
Sulphur bentonite is widely used as a fertilizer for numerous crops, cereals, vegetables such as oil seeds, rice, corn, onion, and citrus fruits.
Growing concerns regarding balanced plant nutrition and a significant increase in production and crop yield with the use of sulphur bentonite are projected to create traction in the market.
Asia Pacific (APAC) will hold a significant value share in global sulphur bentonite market, owing to the large agricultural base in the region.
China’s supremacy would further continue to solidify the position of APAC as an attractive market.

Oilseeds to Remain Key Application Area

Based on the market analysis by application, oilseeds are projected to hold significant value share in global sulphur bentonite market. The use of sulphur bentonite as a fertilizer for oilseeds such as rapeseed, soybean, groundnuts, and sunflower will see significant growth over the forecast period.

This can be attributed to the increase in crop yield and oil content with the use of such fertilizers. However, the cereals, pulses, and crops segment is estimated to experience lucrative growth opportunities in the market.

The fruits and vegetables segment is estimated to grow at a high CAGR. The growing production of fruits and vegetables such as onion, garlic, ginger, and citrus fruits in the region is also projected to drive the market demand. Applications such as lawns, turfs, trees, and others are projected to remain niche application segments.

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Sulphur Bentonite Market – Key Vendor Insights

The report presents some of the key market players, who are known as leaders in the global sulphur bentonite market. Some of the prominent players operating in the global sulphur bentonite market are: –

Tiger-Sul Inc., National Fertilizer Limited, NEAIS, Coromandel International Limited, Sohar Sulphur L.L.C, Deepak Fertilizers and Petrochemicals, Coogee Chemicals Pty Ltd., H Sulphur Corp, Galaxy Sulfur, LLC, Montana Sulphur & Chemical Co., Zafaran Industrial Group Company, ABU DHABI FERTILIZER INDUSTRIES CO. W.L.L., and Devco Australia.

Sulphur Bentonite Markey by Category

By Application:

Oilseeds
Cereals, Pulses, and Crops
Fruits and Vegetables
Lawn, Turfs, Trees and Others

What was the Impact of COVID-19 Crisis on Sulphur Bentonite Market?

The impact of the COVID-19 pandemic on the chemical and materials industries was moderate. Several production facilities in many countries were entirely shut down because of the lockdown, which had a direct impact on sales of sulphur bentonite. However, the pandemic led to a severe increase in demand for crops, vegetables, and other food-source plants.

This increase ensures that in order to maintain the high quality of food produced, the plant and crop sources are adequately supplied with the necessary nutrients. Hence, this saved the sulphur bentonite market from a greater drop.

As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the sulphur bentonite market. Increasing prospects of sulphur bentonite in oilseed applications are also expected to boost demand for the chemical in the forthcoming years.

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Potassium Carbonate Market Size, Share & Growth Report for 2031

Future Market Insights’ (FMI’s) recent study uncovers hidden growth opportunities in the global potassium carbonate market. It offers in-depth insights into factors enabling expansion across various segments in terms of product form, and end use.

As per a study published by FMI, the global potassium carbonate market is poised to reach US$ 1.9 billion in 2021. Surging demand from industries such as consumer goods, agrochemical, and homecare is estimated to boost potassium carbonate demand. On account of this, the market is anticipated to surpass US$ 2.9 billion by the end of 2031.

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Historically, the sales grew at a CAGR of 2% in the last few years due to the outbreak of the COVID-19. Growing usage of potassium carbonate in the production of personal care products, water treatment, and fire suppression products is fuelling the demand in the market. Driven by this, the sales of potassium carbonate are projected to expand at a CAGR of 4.4% during the forecast period 2021-2031.

Potassium carbonate is extensively used as a flux in the manufacturing of glass as it increases the transparency, resistance, and refractive coefficient of glass to provide excellent clarity. Increasing demand for glass products such windows across building & construction and automotive industries is expected to create lucrative growth opportunities for the market.

As per FMI, North America is expected to dominate the global market, growing at a CAGR of 4% through 2031. Rising sales of packaged food & beverage products such as chocolates, bakery products, and dried fruit in U.S. and Canada are driving the sales of potassium carbonate in the region.

“Rising application of potassium carbonate in the agrochemical industry, coupled with the government initiatives implemented to boost agricultural production, is expected to augment the growth of the market,” says the FMI analyst.

Key Takeaways from Potassium Carbonate Market Study

• Favored by the surging demand from the chemical industry in the U.S., the sales in the country are expected to rise at 3.8% year-on-year (YoY) in 2021.

• The market in India is estimated to witness a swift growth, exhibiting 5% YoY in 2021.

• China is projected to emerge as the fastest growing market in East Asia, expanding at a CAGR of 5.1% over the assessment period.

• South Korea and Japan are forecast to account for nearly 13.2% and 17.6% of the global revenue share, respectively, by the end of the coming decade.

• In terms of form, powder form of potassium carbonate is anticipated to register increasing demand, exhibiting 4.2% YoY growth in 2021.

Competitive Landscape

The top manufacturers in the global potassium carbonate market are Oxy (Occidental Petroleum Corporation), Evonik, Zheijang Juhua Co. Ltd., AGC Chemicals and Armand Products. These companies are projected to account for nearly 58% of the total sales, as per FMI.

Leading players are increasingly investing in expanding their production capacity to meet the demand from various industries. Some of the players are aiming at strategic collaboration, joint venture, mergers and acquisitions to increasing their market share. For instance,

• In July 2021, Vynova, a leading Chlor-alkali and Polyvinyl chloride (PVC) manufacturer based in Belgium, announced to set a new manufacturing facility in Belgium to expand its production capacity and strengthen its footprint in Europe market.

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

• Evonik Industries AG
• UNID GLOBAL Corporation
• Oxy (Occidental Petroleum Corporation)
• Gujarat Alkalies and Chemicals Limited
• Vynova Group
• AGC Chemicals
• JSC Pikalevskaya Soda
• Esseco Group
• Shanghai Wentong Chemicals Co., Ltd.
• Foodchem International Corporation
• Shanxi Guangyuan Fertilizer Co., Ltd.
• Armand products
• Zhejiang Dayang
• Zhejiang Juhua Co., Ltd.
• Hebei Xinjichemical

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More Valuable Insights on Potassium Carbonate Market

By Product Form:
• Granules
• Powder

By End Use:
• Soaps, Detergents & Cleaning Products
• Agrochemicals
• Food & Beverage Processing
• Personal Care Products
• Glass
• Dyes & Inks
• Fire Suppression Products
• Water Treatment
• Others

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

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Key Questions Covered in the Report

• The report offers insight into potassium carbonate market demand outlook for the forecast period 2021-2031

• The market study also highlights projected sales growth for potassium carbonate market between 2021 and 2031

• Potassium carbonate market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

• Potassium carbonate market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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Lactic Acid Esters Market is Expected to Reach a valuation of USD 410 Million in 2027 | Future Market Insights

The comprehensive research study portrays a realistic picture of the global lactic acid esters market by including a weighted market segmentation along with forecast projections from 2017 till 2027, a period of 10 years. The report covers the impact of factors that change from region to region thus changing the scenario of the lactic acid esters market in that particular region.

This gives a brief idea about the market potential for lactic acid esters in various regions that the reader can use to plan future expansion. Analytical research report published by Future Market Insights covers various aspects of the global market for lactic acid esters.

The report reveals analysis on end use industries using lactic acid esters for various applications. It lays emphasis on opportunities for growth in the lactic acid esters market along with key factors pushing the growth of the global market. The various facets of the global market across important geographies are monitored.

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Global Lactic Acid Esters Market: Competitive Assessment

The research report on global lactic acid esters market covers analysis on various key players operating in the market. The list includes major companies such as Stepan Company, Merck KGaA, Galactic, Corbion N.V, GODAVARI BIOREFINERIES LTD., Cellulac, Henan Jindan Lactic Acid Technology Co., Ltd., Musashino Chemical Laboratory, Ltd., Zhengzhou Tianrun Lactic Acid Co., Ltd., Shenzhen Esun Industrial Co., Ltd., QINGDAO ABEL TECHNOLOGY CO.,LTD., Yancheng Huade Biological Engineering Co.,Ltd., and Vetrtec Biosolvents Inc.

Global Lactic Acid Esters Market: Forecast Analysis

According to this research report, the global lactic acid esters market is expected to reach an estimate of around US$ 410 Mn by the end of the year of forecast, 2027, from a valuation of about US$ 209 Mn in 2017. The global market for lactic acid esters is projected to grow at a value CAGR of 6.9% during the period of assessment.

Global Lactic Acid Esters Market: Segmental Snapshot

The global lactic acid esters market is segmented on the basis of product type, application and region.

With respect to product type, ethyl acetate is expected to show high adoption across industries in the coming years. The ethyl acetate segment is projected to be the largest with a market share in excess of 65% during the forecast period, consequently leading the global market.
By application, the electronics and food and beverage segments are expected to largely contribute to the revenue growth of the global market for lactic acid esters in the coming years. Of these, the electronics segment is poised to show a much higher market value.
By region, North America is the largest reflecting a high market attractiveness. However, the lactic acid esters market in Asia Pacific excluding Japan (APEJ) region is expected to grow at a higher rate during the forecast period.

Global Lactic Acid Esters Market: Dynamics Influencing Growth

Higher inclination towards use of green solvents in various industries, growing electronics sector across the globe, market consolidation and expansion, favorable government policies, rising food and beverage sector, availability of technologically advanced infrastructure, increasing focus on value added products coupled with favourable FDI policies, availability of natural feedstock and growth in personal care sector are expected to contribute to the growth of the global lactic acid esters market.

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Market Segmentation

By Product Type:

Ethyl Lactate
Methyl Lactate
Butyl Lactate
Others

By Application:

Electronics
Paints & Inks
Agrochemicals
Pharmaceuticals
Food & Beverages
Others

Lactic acid esters adoption scenario in the agrochemicals and pharmaceutical sectors during 2017-2027

Lactic acid esters are finding increased use in agrochemicals and pharmaceuticals. In agrochemicals they are used to produce environment friendly insecticides and pesticides. In the pharmaceutical sector, lactic acid esters are used in manufacturing ointments and medicines.

The agrochemical segment is expected to show increased adoption of lactic acid esters as compared to pharmaceutical segment, and is poised to grow at a comparatively higher rate during the forecast period. However, the use of lactic acid esters has been prominent since past years in the pharmaceutical sector, which makes this segment a significantly larger with respect to valuation than the agrochemical segment.

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Conductive Polymer Coatings Market Is Expected To See a growth of 9.3% | Future Market Insights

The conductive polymer coatings market is projected to grow at an impressive pace with a CAGR of 9.3% during 2022-2032. Widespread use of conductive polymer coatings for corrosion protection and industrial coatings are dominant factors contributing to the market growth.

Increased demand for conductive polymer coatings can be seen in the electrical and electronics industries due to its multipurpose use in computer flat screen displays, personal digital assistants, mobile phones and other screens. These properties are projected to bolster sales in the conductive polymer coatings market.

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Key Takeaways

Its use as an anti-corrosive agent in the electronic engineering field is an ever-growing revenue channel for the conductive polymer coatings market.
The electrical properties such as high electrical conductivity and customization for organic synthesis methods are some of the properties of conductive polymer coatings that are responsible for driving growth in the market.
The major advantage it offers is processability through dispersions. These coatings are made up of some basic polymers such as polyaniline, polypyrene and polyacetylene.
Due to diverse applications of conductive polymer coatings, it has been preferred by every industry. These properties include sensors, optical & electronic materials, actuators, biosensors, super-capacitors, bio-implants and corrosion protection for electrical energy storage.
The drastic replacement of metal and other conductive compounds with conductive polymer coatings from the electrical & electronics industry is expected to drive the market.
With rising disposable income and modernization, demand for electronics has increased tremendously which in turn is expected to drive market growth for conductive polymer coatings.
Asia Pacificregion is projected to lead the global conductive polymer coatings market, accounting for a significant market share.

Competitive Landscape

Heraeus
The Lubrizol Corporation
The Dow Chemical Company
Crosslink
ITEK
Henkel Electronics
NanoMarkets LLC.
IDTech EX
Voltaic Coatings
CBI Polymers Inc.
AnCatt

The major international companies in the global conductive polymer coatings market have shifted their manufacturing bases to China for low production costs, and the consumption of these coatings has increased. However, conductive polymer coatings manufacturers are not concentrated in this region.

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More Insights into the Conductive Polymer Coatings Market

The Asia Pacific region is predicted to dominate the global conductive polymer coatings market during the forecast years at an unprecedented rate.

Owing to the rising demand for electronics products and reduced production costs, leading manufacturers are shifting their bases in China accounting for global market share.

In terms of consumption, the North American region gains maximum traction over the projected years. Owing to demand from optical and electrical applications conductive polymer coatings market is expected to show a moderate growth rate.

The European region is anticipated to attract the highest growth rate in comparison to other regions during the forecast years owing to the surging demands for conductive polymer coatings.

Fast-paced research and development activities combined with technological advancements in the field of nano-chemistry and optical chemistry are expected to provide opportunities for the players in this market.

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Conductive Polymer Coatings Market Key Segments

By Application

Sensors
Fuel Cells
Cell phone
Displays
Touch panel
Solid State Lighting
Displays
Capacitors
Batteries
Photovoltaic Cells

By End-use Industry

Solar industry
Automotive & Locomotive Industry
Electrical & Electronics industries
Smart textiles

By Region

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

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Cholesteryl Isostearate Market Is Expected to reach US$ 40.97 billion by 2032

The cholesteryl isostearate market is projected to grow at a CAGR of 8% over the course of the forecast period, from a market share of US$ 17.57 billion in 2021 to US$ 40.97 billion in 2032. Due to the rising usage of personal care and grooming products across all demographics worldwide, cholesteryl isostearate is in high demand.

Cholesteryl Isostearate is an ester of cholesteryl and isostearic acid, having molecular formulae – C45H80O2. It is available in liquid crystal blends and which is helping to boost the visual impact of a product as well as the moisturizing capacity of cosmetic formulations, especially in skin care products. Primary applications of cholesteryl isostearate are – it acts as condition agent, emollient, viscosity controlling agent, and among others. Alternative names of cholesteryl isostearate are cholest-5-en-3-ol, isooctadecanoate; cholesterol ester isostearic acid; cholesterol isostearate; isooctadecanoate cholest-5-en-3-ol; isostearic acid, etc.

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Cholesteryl Isostearate is used as an emulsifier in skincare products, hair care products, eye and face makeup formulations at a concentration up to 5%, with the majority of cosmetic products having a cholesteryl isostearate content 0.1 – 1%. However, the huge volume of cholesteryl isostearate create negative impact on human health and their release in the environment causes on the ecological problems. Attributing to this, there are concerns regarding the hazardous effects of cholesteryl isostearate. For instance, the U.S. federal agency – Food and Drug Administration (FDA) regulated a regulation on the formulators (such as cholesteryl isostearate) and their concentration in cosmetic products in the Code of Federal Regulations (21 CFR 720.4).

Global Cholesteryl Isostearate Market: Dynamics

Since the global cosmetic industry has been showing a healthy growth rate. Globalization increasing consumption of personal care and grooming products across all demographics in the globe are considered to boost the market over the forthcoming year. The rapidly growing demand for cosmetics and personal care products is also attracting additional investments in new product/ variant development, thereby driving the global cholesteryl isostearate market in the near future.

The market growth is driven by increasing consumer preferences for products with better functional benefits. This growing demand is leading to the development of high-end specialty active ingredients – cholesteryl isostearate. Furthermore, innovation and sustainability initiatives are anticipated to be major factors responsible for competitiveness in the global cholesteryl isostearate market. Conversely, the increasingly stringent regulations on the cholesteryl isostearate and fluctuations in raw material prices will hamper the growth of cholesteryl isostearate market over the forecast period i.e. 2022-2032.

Global Cholesteryl Isostearate Market: Regional Outlook

The consumption rate of cholesteryl isostearate depends upon the number of cosmetics manufacturing units operating in a particular region. The Latin American market has huge growth potential due to changing competitive landscape and recent cosmetic market developments across the region. Thereby, global cholesteryl isostearate market anticipated growing at a significant growth rate in Latin America market

Based on recent trends, the global cholesteryl isostearate market is forecasted to witness significant growth, especially in the Asia Pacific region. Growing population and urbanization in the Asia Pacific region, and increased per capita consumption will help to capture prominence in global cholesterol isostearate market. Furthermore, developed markets such as Europe and North America are emphasizing towards the modern lifestyle will help to create opportunities for cholesteryl isostearate manufactures in these regions

Global Cholesteryl Isostearate Market: Industry Participants

Global cholesteryl isostearate market has relatively less manufactures across the globe. Key players are holding more than half of the market share in the global cholesteryl isostearate market. Few players are identified across the value chain of global cholesteryl isostearate market which is – Chemi-Navi, Alfa Chemistry, Nikko Chemicals Co., Ltd., Kao Chemicals, Santa Cruz Biotechnology, Inc., C/D/N ISOTOPES INC., Corden Pharma, Double Check Vegan, Merck KGaA, and among others

The global cholesteryl isostearate research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global cholesteryl isostearate market also contains projections using a suitable set of assumptions and methodologies.

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Key Segments Profiled in the Cholesteryl Isostearate Market Survey

By Application:

Conditioning Agent
Emollients
Viscosity Controlling Agent
Others

By Region:

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

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Content Delivery Network (CDN) Market to be Worth US$ 84.1 Bn by 2030, Get Insights FMI

The Content Delivery Network Market is projected to reach a valuation of US$ 19.6 Bn in 2022 and US$ 84.1 Bn by 2030, likely to surge at a vigorous 20% CAGR from 2022 to 2030.

Also, the prospects of the industry through 2030 are very positive, according to Future Market Insights (FMI). The report has stated that the industry will benefit from improvements in networking technology and the growing popularity of OTT content. Analysts at FMI have said that software-as-a-service delivery network services will contributes substantially to the overall revenue, for media, entertainment and healthcare applications. Poor networking infrastructure in rural areas is a major challenge.

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The content delivery network industry has reflected exponential growth in the recent past account of major advances in networking technology, and the widespread penetration of the internet even in developing countries. Further, businesses have increased demand for outsourcing of content, management and distribution of media services, bolstering the speed of access to potential consumers.

While revenue from content delivery network services has soared, the high levels of competitiveness industry have reduced profit margins. Also, scalability remains an issue in terms of data storage, and mobile and dynamic content.

The report by FMI offers an exhaustive overview, covering critical market dynamics. Some of the major takeaways from the study include:

Market was valued at US$ 11.5 Bn in 2019, with demand rising sharply, with the coronavirus outbreak generating major growth opportunities
Software-as-a-service content delivery networks remain in high demand, with the sales of individual modules expected to surpass that of bundled suites by 2030, owing to customized needs for CDN delivery processes
Media distribution applications of content delivery network witness higher growth than software distribution and website caching owing to unprecedented demand for on demand media consumption
North America remains a major market growth, supported by demand for video content and digitization of organization data. On the other hand, East Asia is generating lucrative growth opportunities with major investments in technology enhancements in the region

Covid-19 Impact on Content Delivery Network Market

With fears over the rapid spread of the coronavirus, businesses and educational organizations around the world are encouraging alternative plans to operate including work from home and distance learning strategies.

The rapid expansion of videoconferencing, e-learning, and online messaging has resulted in increased internet traffic. Also, with people increasingly staying home the consumption of OTT content has soared during the pandemic.

Content delivery network players are increasingly being used for last mile network optimization, by keeping internet traffic at a local level. Players are considering sharing traffic statistics on vertical, country, or industry levels, which will help aid operations for the short term.

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Who is Winning?

In the study, FMI has assessed the varying business strategies being used by major companies in the content delivery network market. Leading players are deploying multiple strategies including investing in technology development, strategic mergers and acquisitions, and introduction of new offerings in the industry.

Some of the key players in the market include Akamai Technologies Inc., Deutsche Telekom AG, CloudFlare Inc., AT&T, Amazon Inc., Orange S.A., Microsoft Corporation, CDNetworks Co. Ltd., CenturyLink, and Verizon Digital Media Services.

More Insights

Future Market Insights, has provided a in-depth analysis of the global content delivery network market, covering information on historic demand and forecast data for the years between 2022 and 2030. The market study also provides detailed assessment of product pricing through varying market dynamics, life cycle analysis and new technologies that find roles in the production of content delivery networks and adoption in different demographics.

Content Delivery Network Industry Survey By Category

Content Delivery Network Market by Service: